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Consolidated Statements of Cash Flows
12 Months Ended
Dec. 31, 2020
Supplemental Cash Flow Elements [Abstract]  
Consolidated Statements of Cash Flows Consolidated Statements of Cash Flows
Below are the changes in other components of working capital, net of balances related to incremental interest acquired in a Civil segment joint venture during 2019 (see Note 12), as shown in the Consolidated Statements of Cash Flows, the supplemental disclosure of cash paid for interest and income taxes and the supplemental disclosure of non-cash investing activities:
Year Ended December 31,
(in thousands)202020192018
(Increase) Decrease in:
Accounts receivable$(104,901)$(81,983)$3,899 
Retainage receivable(85,769)(78,520)56,754 
Costs and estimated earnings in excess of billings(113,190)18,751 (209,537)
Other current assets(49,468)(76,146)15,398 
(Decrease) Increase in:
Accounts payable111,912 53,999 (78,243)
Retainage payable62,954 35,013 (49,864)
Billings in excess of costs and estimated earnings(5,168)245,292 76,703 
Accrued expenses and other current liabilities13,654 14,851 28,046 
Changes in other components of working capital$(169,976)$131,257 $(156,844)
Cash paid during the year for:
Interest$57,038 $56,137 $51,063 
Income taxes$11,204 $43,374 $13,652 
Supplemental disclosure of non-cash investing activities:
Real property acquired in settlement of a receivable$11,660 $— $—