2024 Q1 Form 10-K Financial Statement

#000105091524000009 Filed on February 22, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $5.032B $5.784B $20.88B
YoY Change 13.62% 30.96% 22.3%
Cost Of Revenue $4.408B $4.991B $17.95B
YoY Change 14.33% 33.14% 23.38%
Gross Profit $623.5M $792.5M $2.937B
YoY Change 8.78% 18.71% 16.13%
Gross Profit Margin 12.39% 13.7% 14.07%
Selling, General & Admin $402.3M $399.9M $1.555B
YoY Change 4.63% 17.22% 16.34%
% of Gross Profit 64.53% 50.46% 52.95%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $88.90M $160.3M $324.8M
YoY Change 13.41% 18.4% 11.77%
% of Gross Profit 14.26% 20.22% 11.06%
Operating Expenses $402.3M $480.9M $1.555B
YoY Change 4.63% 18.84% 16.34%
Operating Profit $155.4M $311.6M $1.128B
YoY Change 23.43% 18.51% 29.35%
Interest Expense $41.07M -$32.72M $186.9M
YoY Change -1.49% 21.62% 50.3%
% of Operating Profit 26.44% -10.5% 16.57%
Other Income/Expense, Net $24.88M $10.52M $18.06M
YoY Change 216.32% -50.61% -138.92%
Pretax Income $147.2M $289.4M $970.0M
YoY Change 57.34% 17.8% 37.8%
Income Tax $21.10M $75.80M $219.3M
% Of Pretax Income 14.33% 26.19% 22.61%
Net Earnings $118.4M $210.9M $744.7M
YoY Change 24.53% 29.73% 51.61%
Net Earnings / Revenue 2.35% 3.65% 3.57%
Basic Earnings Per Share $0.81 $5.13
Diluted Earnings Per Share $0.79 $1.42 $5.00
COMMON SHARES
Basic Shares Outstanding 145.7M shares 145.3M shares 145.2M shares
Diluted Shares Outstanding 149.4M shares 148.8M shares

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.290B $1.290B
YoY Change 201.1% 201.1%
Cash & Equivalents $531.1M $1.290B
Short-Term Investments
Other Short-Term Assets $387.1M $387.1M
YoY Change 55.11% 55.11%
Inventory $224.3M $175.7M $175.7M
Prepaid Expenses
Receivables $4.095B $4.411B $5.824B
Other Receivables $0.00 $0.00
Total Short-Term Assets $6.583B $7.677B $7.677B
YoY Change 18.18% 38.67% 38.67%
LONG-TERM ASSETS
Property, Plant & Equipment $2.586B $2.586B
YoY Change 14.43% 14.43%
Goodwill $4.284B $4.046B
YoY Change 10.6% 12.8%
Intangibles $1.408B $1.362B
YoY Change -6.09% -6.6%
Long-Term Investments $178.1M $178.1M
YoY Change -15.68% -15.68%
Other Assets $569.7M $565.6M $387.5M
YoY Change -14.19% -9.17% -5.83%
Total Long-Term Assets $8.959B $8.560B $8.560B
YoY Change 5.79% 7.97% 7.97%
TOTAL ASSETS
Total Short-Term Assets $6.583B $7.677B $7.677B
Total Long-Term Assets $8.959B $8.560B $8.560B
Total Assets $15.54B $16.24B $16.24B
YoY Change 10.71% 20.59% 20.59%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.028B $2.028B
YoY Change 55.72% 55.72%
Accrued Expenses $1.112B $1.112B
YoY Change 20.17% 20.17%
Deferred Revenue $1.443B $1.539B
YoY Change 26.25% 34.79%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $535.2M $535.2M
YoY Change 1327.4% 1327.4%
Total Short-Term Liabilities $4.831B $5.213B $5.213B
YoY Change 40.96% 53.05% 53.05%
LONG-TERM LIABILITIES
Long-Term Debt $3.664B $3.664B
YoY Change -0.78% -0.78%
Other Long-Term Liabilities $669.8M $636.3M $823.2M
YoY Change 13.97% 12.11% 11.4%
Total Long-Term Liabilities $669.8M $636.3M $4.487B
YoY Change 13.97% 12.11% 1.25%
TOTAL LIABILITIES
Total Short-Term Liabilities $4.831B $5.213B $5.213B
Total Long-Term Liabilities $669.8M $636.3M $4.487B
Total Liabilities $9.175B $9.954B $9.965B
YoY Change 7.72% 23.41% 23.32%
SHAREHOLDERS EQUITY
Retained Earnings $4.963B $4.858B
YoY Change 16.88% 16.69%
Common Stock $3.090B $3.003B
YoY Change 7.71% 10.43%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $6.357B $6.272B $6.272B
YoY Change
Total Liabilities & Shareholders Equity $15.54B $16.24B $16.24B
YoY Change 10.71% 20.59% 20.59%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income $118.4M $210.9M $744.7M
YoY Change 24.53% 29.73% 51.61%
Depreciation, Depletion And Amortization $88.90M $160.3M $324.8M
YoY Change 13.41% 18.4% 11.77%
Cash From Operating Activities $238.0M $1.004B $1.576B
YoY Change 519.53% 72.1% 39.43%
INVESTING ACTIVITIES
Capital Expenditures $83.14M $108.7M $434.8M
YoY Change 3.51% 19.54% 1.68%
Acquisitions $384.1M $651.6M
YoY Change -15.08% 234.02%
Other Investing Activities -$27.61M -$158.6M $7.311M
YoY Change -93.23% 213.97% -103.88%
Cash From Investing Activities -$386.6M -$267.3M -$989.7M
YoY Change -20.88% 89.0% 60.35%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $400.0K
YoY Change -99.69%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$603.0M 237.4M $268.5M
YoY Change -348.49% -204.44% -186.31%
NET CHANGE
Cash From Operating Activities $238.0M 1.004B $1.576B
Cash From Investing Activities -$386.6M -267.3M -$989.7M
Cash From Financing Activities -$603.0M 237.4M $268.5M
Net Change In Cash -$761.7M 973.7M $861.8M
YoY Change 264.27% 354.27% 328.07%
FREE CASH FLOW
Cash From Operating Activities $238.0M $1.004B $1.576B
Capital Expenditures $83.14M $108.7M $434.8M
Free Cash Flow $154.8M $894.9M $1.141B
YoY Change -469.4% 81.8% 62.4%

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<div style="margin-top:7pt;text-align:justify;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with GAAP requires the use of estimates and assumptions by management in determining the reported amounts of assets and liabilities, disclosures of contingent assets and liabilities known to exist as of the date the financial statements are published, and the reported amounts of revenues and expenses recognized during the periods presented. Quanta reviews all significant estimates affecting its consolidated financial statements on a recurring basis and records the effect of any necessary adjustments prior to their publication. Judgments and estimates are based on Quanta’s beliefs and assumptions derived from information available at the time such judgments and estimates are made. Uncertainties with respect to such estimates and assumptions are inherent in the preparation of financial statements. Estimates are primarily used in Quanta’s assessment of revenue recognition for construction contracts, including contractual change orders and claims; allowance for credit losses; valuation of inventory; useful lives of assets; fair value assumptions in analyzing goodwill, other intangibles and long-lived asset impairments; fair value assumptions in analyzing equity and other investment impairments; purchase price consideration and allocations; acquisition-related contingent consideration liabilities; contingent liabilities associated with, among other things, legal proceedings and claims, parent guarantees and indemnity obligations; estimated insurance claims and recoveries; stock-based compensation; classification of operating company revenues by type of work for segment reporting purposes; provision for income taxes; and uncertain tax positions.</span></div>
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CY2022 us-gaap Depreciation
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CY2021 us-gaap Depreciation
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394600000 usd
CY2022Q4 us-gaap Business Acquisition Purchase Price Allocation Goodwill Expected Tax Deductible Amount
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12600000 usd
CY2021Q4 us-gaap Business Acquisition Purchase Price Allocation Goodwill Expected Tax Deductible Amount
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1490000000 usd
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P5Y3M18D
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13109000 usd
CY2022 us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
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CY2022Q4 us-gaap Business Combination Contingent Consideration Liability
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CY2023 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
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CY2022 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
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1600000 usd
CY2021 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
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300000 usd
CY2023 us-gaap Business Acquisitions Pro Forma Revenue
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CY2022 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
17702495000 usd
CY2021 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
15527934000 usd
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BusinessAcquisitionsProFormaNetIncomeLossAttributableToCommonStockNetOfTax
738620000 usd
CY2022 pwr Business Acquisitions Pro Forma Net Income Loss Attributable To Common Stock Net Of Tax
BusinessAcquisitionsProFormaNetIncomeLossAttributableToCommonStockNetOfTax
486342000 usd
CY2021 pwr Business Acquisitions Pro Forma Net Income Loss Attributable To Common Stock Net Of Tax
BusinessAcquisitionsProFormaNetIncomeLossAttributableToCommonStockNetOfTax
619304000 usd
CY2021Q4 us-gaap Goodwill
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3528886000 usd
CY2022 us-gaap Goodwill Acquired During Period
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12225000 usd
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66416000 usd
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CY2022Q4 us-gaap Goodwill
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3586745000 usd
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453631000 usd
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338000 usd
CY2023 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
5191000 usd
CY2023Q4 us-gaap Goodwill
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4045905000 usd
CY2023Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
96100000 usd
CY2022Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
96100000 usd
CY2021Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
96900000 usd
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2674069000 usd
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FiniteLivedIntangibleAssetsAccumulatedAmortization
1314657000 usd
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1359412000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
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2478830000 usd
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FiniteLivedIntangibleAssetsAccumulatedAmortization
1023199000 usd
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1455631000 usd
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1314657000 usd
CY2023Q4 us-gaap Intangible Assets Net Excluding Goodwill
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1362412000 usd
CY2022Q4 us-gaap Intangible Assets Gross Excluding Goodwill
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2481830000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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1023199000 usd
CY2022Q4 us-gaap Intangible Assets Net Excluding Goodwill
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1458631000 usd
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AmortizationOfIntangibleAssets
289000000 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
354000000 usd
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
165400000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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283627000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
268052000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
246111000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
220349000 usd
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FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
160270000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
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181003000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
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1359412000 usd
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CY2022Q4 us-gaap Equity Securities Fv Ni Current And Noncurrent
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53868000 usd
CY2022Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
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54134000 usd
CY2023Q4 us-gaap Equity Securities Fv Ni And Without Readily Determinable Fair Value
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178097000 usd
CY2022Q4 us-gaap Equity Securities Fv Ni And Without Readily Determinable Fair Value
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211218000 usd
CY2023Q4 us-gaap Equity Method Investment Difference Between Carrying Amount And Underlying Equity
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31400000 usd
CY2022Q4 us-gaap Equity Method Investment Difference Between Carrying Amount And Underlying Equity
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37800000 usd
CY2023 pwr Amortization Of Equity Method Investment Difference Between Carrying Amount And Underlying Equity
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6200000 usd
CY2022 pwr Amortization Of Equity Method Investment Difference Between Carrying Amount And Underlying Equity
AmortizationOfEquityMethodInvestmentDifferenceBetweenCarryingAmountAndUnderlyingEquity
1900000 usd
CY2021 pwr Amortization Of Equity Method Investment Difference Between Carrying Amount And Underlying Equity
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500000 usd
CY2023 us-gaap Net Income Loss Available To Common Stockholders Diluted
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CY2023 us-gaap Net Income Loss Available To Common Stockholders Basic
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744689000 usd
CY2022 us-gaap Net Income Loss Available To Common Stockholders Diluted
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491189000 usd
CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
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491189000 usd
CY2021 us-gaap Net Income Loss Available To Common Stockholders Diluted
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485956000 usd
CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
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485956000 usd
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CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
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140824000 shares
CY2023 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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3601000 shares
CY2022 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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CY2021 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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147992000 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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145373000 shares
CY2023Q4 us-gaap Line Of Credit
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CY2022Q4 us-gaap Line Of Credit
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CY2023Q4 pwr Lease Financing Transaction Liability
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102955000 usd
CY2022Q4 pwr Lease Financing Transaction Liability
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83592000 usd
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CY2023Q4 us-gaap Finance Lease Liability
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39577000 usd
CY2022Q4 us-gaap Finance Lease Liability
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3542000 usd
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23142000 usd
CY2022Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
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26432000 usd
CY2023Q4 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
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4198706000 usd
CY2022Q4 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
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3729927000 usd
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535202000 usd
CY2022Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
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37495000 usd
CY2023Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
3663504000 usd
CY2022Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
3692432000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
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527435000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
47250000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
1523540000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
5761000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
2914000 usd
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CY2022 us-gaap Line Of Credit Facility Maximum Amount Outstanding During Period
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1684783000 usd
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929201000 usd
CY2022 us-gaap Line Of Credit Facility Average Outstanding Amount
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1250493000 usd
CY2021 us-gaap Line Of Credit Facility Average Outstanding Amount
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591114000 usd
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CY2021 us-gaap Debt Instrument Interest Rate During Period
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P11Y
CY2023Q4 us-gaap Lessee Operating Lease Renewal Term
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4944000 usd
CY2022 us-gaap Finance Lease Right Of Use Asset Amortization
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1540000 usd
CY2021 us-gaap Finance Lease Right Of Use Asset Amortization
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1097000 usd
CY2023 us-gaap Finance Lease Interest Expense
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1463000 usd
CY2022 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
108000 usd
CY2021 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
90000 usd
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7698000 usd
CY2022 pwr Lease Financing Transaction Depreciation
LeaseFinancingTransactionDepreciation
5303000 usd
CY2021 pwr Lease Financing Transaction Depreciation
LeaseFinancingTransactionDepreciation
3423000 usd
CY2023 pwr Lease Financing Transactions Interest On Lease Liabilities
LeaseFinancingTransactionsInterestOnLeaseLiabilities
12992000 usd
CY2022 pwr Lease Financing Transactions Interest On Lease Liabilities
LeaseFinancingTransactionsInterestOnLeaseLiabilities
8405000 usd
CY2021 pwr Lease Financing Transactions Interest On Lease Liabilities
LeaseFinancingTransactionsInterestOnLeaseLiabilities
5472000 usd
CY2023 us-gaap Operating Lease Cost
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93133000 usd
CY2022 us-gaap Operating Lease Cost
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93539000 usd
CY2021 us-gaap Operating Lease Cost
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104668000 usd
CY2023 pwr Short Term Lease And Variable Lease Cost
ShortTermLeaseAndVariableLeaseCost
1106454000 usd
CY2022 pwr Short Term Lease And Variable Lease Cost
ShortTermLeaseAndVariableLeaseCost
953721000 usd
CY2021 pwr Short Term Lease And Variable Lease Cost
ShortTermLeaseAndVariableLeaseCost
716722000 usd
CY2023 pwr Lease Cost And Lease Financing Transaction Cost
LeaseCostAndLeaseFinancingTransactionCost
1226684000 usd
CY2022 pwr Lease Cost And Lease Financing Transaction Cost
LeaseCostAndLeaseFinancingTransactionCost
1062616000 usd
CY2021 pwr Lease Cost And Lease Financing Transaction Cost
LeaseCostAndLeaseFinancingTransactionCost
831472000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
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249443000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
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229691000 usd
CY2023Q4 us-gaap Finance Lease Right Of Use Asset
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CY2022Q4 us-gaap Finance Lease Right Of Use Asset
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3238000 usd
CY2023Q4 pwr Lease Financing Transaction Assets
LeaseFinancingTransactionAssets
102955000 usd
CY2022Q4 pwr Lease Financing Transaction Assets
LeaseFinancingTransactionAssets
83591000 usd
CY2023Q4 pwr Operating Finance Lease And Lease Financing Transaction Right Of Use Asset
OperatingFinanceLeaseAndLeaseFinancingTransactionRightOfUseAsset
388168000 usd
CY2022Q4 pwr Operating Finance Lease And Lease Financing Transaction Right Of Use Asset
OperatingFinanceLeaseAndLeaseFinancingTransactionRightOfUseAsset
316520000 usd
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77995000 usd
CY2022Q4 us-gaap Operating Lease Liability Current
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74052000 usd
CY2023Q4 us-gaap Finance Lease Liability Current
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CY2022Q4 us-gaap Finance Lease Liability Current
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1433000 usd
CY2023Q4 pwr Lease Financing Transaction Liabilities Current
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7345000 usd
CY2022Q4 pwr Lease Financing Transaction Liabilities Current
LeaseFinancingTransactionLiabilitiesCurrent
15034000 usd
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171512000 usd
CY2023Q4 us-gaap Finance Lease Liability Noncurrent
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31810000 usd
CY2022Q4 us-gaap Finance Lease Liability Noncurrent
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2109000 usd
CY2023Q4 pwr Lease Financing Transaction Liability Noncurrent
LeaseFinancingTransactionLiabilityNoncurrent
95610000 usd
CY2022Q4 pwr Lease Financing Transaction Liability Noncurrent
LeaseFinancingTransactionLiabilityNoncurrent
68557000 usd
CY2023Q4 pwr Operating Finance And Lease Financing Transaction Lease Liabilities Liability
OperatingFinanceAndLeaseFinancingTransactionLeaseLiabilitiesLiability
407523000 usd
CY2022Q4 pwr Operating Finance And Lease Financing Transaction Lease Liabilities Liability
OperatingFinanceAndLeaseFinancingTransactionLeaseLiabilitiesLiability
332697000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
87354000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
8869000 usd
CY2023Q4 pwr Operating And Finance Lease Liability To Be Paid Year One
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96223000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
70047000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
8527000 usd
CY2023Q4 pwr Operating And Finance Lease Liability To Be Paid Year Two
OperatingAndFinanceLeaseLiabilityToBePaidYearTwo
78574000 usd
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LesseeOperatingLeaseLiabilityPaymentsDueYearThree
52359000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
8277000 usd
CY2023Q4 pwr Operating And Finance Lease Liability To Be Paid Year Three
OperatingAndFinanceLeaseLiabilityToBePaidYearThree
60636000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
35844000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Four
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7735000 usd
CY2023Q4 pwr Operating And Finance Lease Liability To Be Paid Year Four
OperatingAndFinanceLeaseLiabilityToBePaidYearFour
43579000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
20782000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
7418000 usd
CY2023Q4 pwr Operating And Finance Lease Liability To Be Paid Year Five
OperatingAndFinanceLeaseLiabilityToBePaidYearFive
28200000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
24856000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due After Year Five
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6003000 usd
CY2023Q4 pwr Operating And Finance Lease Liability To Be Paid After Year Five
OperatingAndFinanceLeaseLiabilityToBePaidAfterYearFive
30859000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
291242000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due
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46829000 usd
CY2023Q4 pwr Operating And Finance Lease Liability To Be Paid
OperatingAndFinanceLeaseLiabilityToBePaid
338071000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
26251000 usd
CY2023Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
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7252000 usd
CY2023Q4 pwr Operating And Finance Lease Liability Undiscounted Excess Amount
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33503000 usd
CY2023Q4 us-gaap Operating Lease Liability
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264991000 usd
CY2023Q4 us-gaap Finance Lease Liability
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39577000 usd
CY2023Q4 pwr Operating And Finance Lease Liability
OperatingAndFinanceLeaseLiability
304568000 usd
CY2023Q4 us-gaap Short Term Lease Commitment Amount
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21300000 usd
CY2023Q4 pwr Lessee Operating Lease Lease Not Yet Commenced Undiscounted Amount
LesseeOperatingLeaseLeaseNotYetCommencedUndiscountedAmount
16600000 usd
CY2023Q4 pwr Lease Financing Transaction To Be Paid
LeaseFinancingTransactionToBePaid
73500000 usd
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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P4Y4M2D
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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P4Y4M20D
CY2023Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
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P5Y8M8D
CY2022Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
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P2Y11M4D
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.043
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
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MultiemployerPlanEmployerContributionCost
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CY2023 pwr Defined Contribution Plan Employer Matching Contribution Percent Of Match By Employer Up To Specific Percentage
DefinedContributionPlanEmployerMatchingContributionPercentOfMatchByEmployerUpToSpecificPercentage
1
CY2023 pwr Defined Contribution Plan Employer Matching Contribution Percentof Match By Employer Of Each Employee Who Contributes To Plan
DefinedContributionPlanEmployerMatchingContributionPercentofMatchByEmployerOfEachEmployeeWhoContributesToPlan
0.50
CY2023 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
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DefinedContributionPlanCostRecognized
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CY2023Q4 us-gaap Deferred Compensation Liability Classified Noncurrent
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CY2022Q4 us-gaap Deferred Compensation Liability Classified Noncurrent
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CY2023Q4 us-gaap Deferred Compensation Arrangement With Individual Common Stock Reserved For Future Issuance
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CY2022Q4 us-gaap Deferred Compensation Arrangement With Individual Common Stock Reserved For Future Issuance
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LifeInsuranceCorporateOrBankOwnedAmount
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CY2022Q4 us-gaap Life Insurance Corporate Or Bank Owned Amount
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CY2023 us-gaap Increase Decrease In Deferred Compensation
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CY2021 us-gaap Life Insurance Corporate Or Bank Owned Change In Value
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CY2023Q4 pwr Equity Method Investments Outstanding Commitment To Be Paid
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CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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CY2023Q4 us-gaap Finance Lease Right Of Use Asset Before Accumulated Amortization
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CY2022Q4 us-gaap Finance Lease Right Of Use Asset Before Accumulated Amortization
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CY2023Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
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CY2022Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
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3681377000 usd
CY2023Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
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1821410000 usd
CY2022Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
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1650913000 usd
CY2023Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
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2336943000 usd
CY2022Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
2030464000 usd
CY2023 us-gaap Depreciation
Depreciation
324800000 usd
CY2022 us-gaap Depreciation
Depreciation
290600000 usd
CY2021 us-gaap Depreciation
Depreciation
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CY2023Q4 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
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CY2022Q4 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
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526221000 usd
CY2022Q4 us-gaap Employee Related Liabilities Current
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381995000 usd
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CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2023 us-gaap Operating Lease Payments
OperatingLeasePayments
95900000 usd
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
95175000 usd
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
104434000 usd
CY2023 us-gaap Finance Lease Interest Payment On Liability
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1463000 usd
CY2022 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
108000 usd
CY2021 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
90000 usd
CY2023 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
2511000 usd
CY2022 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
1457000 usd
CY2021 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
1001000 usd
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100594000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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77826000 usd
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
73713000 usd
CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
37299000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
2331000 usd
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
1044000 usd
CY2023 pwr Lease Financing Transaction Assets Obtained In Exchange For Lease Financing Transaction Liabilities
LeaseFinancingTransactionAssetsObtainedInExchangeForLeaseFinancingTransactionLiabilities
26969000 usd
CY2022 pwr Lease Financing Transaction Assets Obtained In Exchange For Lease Financing Transaction Liabilities
LeaseFinancingTransactionAssetsObtainedInExchangeForLeaseFinancingTransactionLiabilities
35144000 usd
CY2021 pwr Lease Financing Transaction Assets Obtained In Exchange For Lease Financing Transaction Liabilities
LeaseFinancingTransactionAssetsObtainedInExchangeForLeaseFinancingTransactionLiabilities
11713000 usd
CY2023 us-gaap Interest Paid Net
InterestPaidNet
175782000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
106052000 usd
CY2021 us-gaap Interest Paid Net
InterestPaidNet
52737000 usd
CY2023 us-gaap Income Taxes Paid
IncomeTaxesPaid
248527000 usd
CY2022 us-gaap Income Taxes Paid
IncomeTaxesPaid
111569000 usd
CY2021 us-gaap Income Taxes Paid
IncomeTaxesPaid
125328000 usd
CY2023 us-gaap Proceeds From Income Tax Refunds
ProceedsFromIncomeTaxRefunds
6483000 usd
CY2022 us-gaap Proceeds From Income Tax Refunds
ProceedsFromIncomeTaxRefunds
8281000 usd
CY2021 us-gaap Proceeds From Income Tax Refunds
ProceedsFromIncomeTaxRefunds
13257000 usd
CY2023 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
15700000 usd
CY2022 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
13400000 usd
CY2021 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
27400000 usd
CY2023Q4 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2023Q4 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2023Q4 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2023Q4 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false

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0001050915-24-000009.txt Edgar Link pending
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