Quarterly report pursuant to Section 13 or 15(d)

Supplemental Cash Flow Information

v3.21.1
Supplemental Cash Flow Information
3 Months Ended
Mar. 31, 2021
Supplemental Cash Flow Elements [Abstract]  
Supplemental Cash Flow Information SUPPLEMENTAL CASH FLOW INFORMATION:
The net effects of changes in operating assets and liabilities, net of non-cash transactions, on cash flows from operating activities are as follows (in thousands):
Three Months Ended
March 31,
2021 2020
Accounts and notes receivable $ 35,521  $ 122,330 
Contract assets (62,278) 16,372 
Inventories (435) (4,368)
Prepaid expenses and other current assets 9,948  84,078 
Accounts payable and accrued expenses and other non-current liabilities (4,780) (110,394)
Contract liabilities (29,225) (12,886)
Other, net (8,200) (5,662)
Net change in operating assets and liabilities, net of non-cash transactions $ (59,449) $ 89,470 

Reconciliations of cash, cash equivalents, and restricted cash reported within the condensed consolidated balance sheets that sum to the total of such amounts shown in the statements of cash flows are as follows (in thousands):
March 31,
2021 2020
Cash and cash equivalents $ 200,218  $ 377,205 
Restricted cash included in “Prepaid expenses and other current assets” 1,518  3,514 
Restricted cash included in “Other assets, net” 879  919 
Total cash, cash equivalents, and restricted cash reported in the statements of cash flows $ 202,615  $ 381,638 
December 31,
2020 2019
Cash and cash equivalents $ 184,620  $ 164,798 
Restricted cash included in “Prepaid expenses and other current assets” 1,275  4,026 
Restricted cash included in “Other assets, net” 913  921 
Total cash, cash equivalents, and restricted cash reported in the statements of cash flows $ 186,808  $ 169,745 
Restricted cash includes any cash that is legally restricted as to withdrawal or usage.
Supplemental cash flow information related to leases is as follows (in thousands):
  Three Months Ended
March 31,
  2021 2020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases $ (27,610) $ (29,482)
Operating cash flows from finance leases $ (27) $ (17)
Financing cash flows from finance leases $ (249) $ (201)
Lease assets obtained in exchange for lease liabilities:
Operating leases $ 17,927  $ 29,693 
Finance leases $ 1,505  $ 866 

Additional supplemental cash flow information is as follows (in thousands):
Three Months Ended
March 31,
2021 2020
Cash (paid) received during the period for —
Interest paid $ (4,039) $ (13,272)
Income taxes paid $ (4,602) $ (54,221)
Income tax refunds $ 6,137  $ 2,339 
During the three months ended March 31, 2020, in connection with the disposition of a small business, Quanta recorded a note receivable in exchange for the transfer of $8.5 million of inventory.