Energy -
Oil & Gas Midstream - NYSE - US
$ 215.72
1.3 %
$ 47 B
Market Cap
38.94
P/E
BALANCE SHEET
BALANCE SHEET DECOMPOSITION
Balance Sheet
Targa Resources Corp.
| Current Assets | 2.19 B |
| Cash & Short-Term Investments | 142 M |
| Receivables | 1.47 B |
| Other Current Assets | 582 M |
| Non-Current Assets | 18.5 B |
| Long-Term Investments | 146 M |
| PP&E | 15.8 B |
| Other Non-Current Assets | 2.52 B |
| Current Liabilities | 2.76 B |
| Accounts Payable | 1.57 B |
| Short-Term Debt | 621 M |
| Other Current Liabilities | 565 M |
| Non-Current Liabilities | 14.7 B |
| Long-Term Debt | 12.4 B |
| Other Non-Current Liabilities | 2.27 B |
Balance Sheet
Millions
| Dec-2023 | Dec-2022 | Dec-2021 | Dec-2020 | Dec-2019 | Dec-2018 | Dec-2017 | Dec-2016 | Dec-2015 | Dec-2014 | Dec-2013 | Dec-2012 | Dec-2011 | Dec-2010 | Dec-2009 | Dec-2008 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||||||||||
| Cash & Cash Equivalents | 141.7 | 219.0 | 158.5 | 242.8 | 331.1 | 232.1 | 137.2 | 73.5 | 140.2 | 81.0 | 66.7 | 76.3 | 145.8 | 188.4 | 252.4 | 362.8 |
| Short Term Investments | 0 | 179.9 | 43.1 | 85.5 | 103.3 | 115.3 | 37.9 | 16.8 | 92.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Receivables | 1 471.0 | 1 408.4 | 1 331.9 | 862.8 | 855.0 | 865.5 | 827.6 | 742.4 | 515.8 | 567.3 | 658.8 | 514.9 | 575.7 | 466.6 | 404.3 | 303.9 |
| Inventory | 371.5 | 393.8 | 153.4 | 181.5 | 161.5 | 164.7 | 204.5 | 137.7 | 141.0 | 168.9 | 150.7 | 99.4 | 92.2 | 50.4 | 39.4 | 68.5 |
| Other Current Assets | 210.4 | 335.4 | 126.0 | 173.2 | 310.7 | 156.6 | 100.6 | 53.2 | 123.0 | 65.4 | 21.0 | 42.7 | 52.8 | 45.1 | 126.3 | 121.9 |
| Total Current Assets | 2 194.6 | 2 356.6 | 1 769.8 | 1 460.3 | 1 658.3 | 1 418.9 | 1 269.9 | 1 006.8 | 920.0 | 882.6 | 897.2 | 733.3 | 866.5 | 750.5 | 745.0 | 857.1 |
| PP&E | 15 806.4 | 14 214.6 | 11 667.7 | 12 173.6 | 14 548.5 | 12 928.4 | 10 430.0 | 9 691.0 | 9 702.7 | 4 824.6 | 4 349.9 | 3 538.0 | 2 819.5 | 2 509.0 | 2 548.1 | 2 617.4 |
| Intangible Assets | 2 350.6 | 2 734.6 | 1 094.8 | 1 382.4 | 1 735.0 | 1 983.2 | 2 165.8 | 1 654.0 | 1 810.1 | 591.9 | 653.4 | 680.8 | 0 | 0 | 0 | 0 |
| Goodwill | 45.2 | 45.2 | 45.2 | 0 | 45.2 | 46.6 | 256.6 | 210.0 | 417.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long Term Investments | 146.3 | 131.3 | 586.5 | 714.0 | 738.7 | 490.5 | 221.6 | 240.8 | 258.9 | 50.2 | 55.9 | 53.1 | 36.8 | 0 | 0 | 0 |
| Other Long Term Assets | 173.9 | (204.8) | 81.7 | 96.1 | 53.9 | (454.6) | (434.3) | (872.6) | (32.8) | 104.1 | 92.1 | 99.6 | 108.2 | 130.7 | 74.4 | 167.3 |
| Other Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Assets | 20 671.8 | 19 560.0 | 15 208.2 | 15 875.7 | 18 815.1 | 16 938.2 | 14 388.6 | 12 871.2 | 13 253.7 | 6 453.5 | 6 048.6 | 5 105.0 | 3 831.0 | 3 393.8 | 3 367.5 | 3 641.8 |
| LIABILITIES | ||||||||||||||||
| Accounts Payable | 1 574.9 | 1 448.8 | 1 402.3 | 833.8 | 954.8 | 1 200.5 | 1 001.2 | 691.4 | 521.4 | 527.8 | 655.7 | 571.2 | 345.4 | 254.2 | 206.4 | 153.8 |
| Short Term Debt | 620.7 | 868.6 | 175.6 | 368.6 | 382.2 | 1 027.9 | 350.0 | 275.0 | 219.3 | 182.8 | 0 | 0 | 0 | 0 | 12.5 | 12.5 |
| Other Current Liabilities | 565.3 | 749.3 | 720.6 | 577.0 | 473.2 | 522.7 | 238.3 | 177.0 | 120.8 | 104.8 | 114.7 | 115.4 | 395.7 | 370.0 | 334.9 | 300.3 |
| Total Current Liabilities | 2 760.9 | 3 066.7 | 2 298.5 | 1 779.4 | 1 872.6 | 2 798.8 | 1 616.6 | 1 167.6 | 881.6 | 827.1 | 770.4 | 686.6 | 741.1 | 624.2 | 553.8 | 466.6 |
| Long Term Debt | 12 389.7 | 10 730.7 | 6 468.9 | 7 433.3 | 7 487.4 | 5 632.4 | 4 424.9 | 4 500.9 | 5 755.6 | 2 885.4 | 2 989.3 | 2 475.3 | 1 567.0 | 1 534.7 | 1 213.7 | 1 976.5 |
| Deferred Tax Income | 535.8 | 327.7 | 136.0 | 152.1 | 434.2 | 525.2 | 479.0 | 941.2 | 177.8 | 138.2 | 135.5 | 131.2 | 120.5 | 111.6 | 50.0 | 26.8 |
| Other Liabilities | 1 481.7 | 253.9 | (996.1) | (1 239.2) | (1 108.4) | 89.8 | 203.2 | 66.3 | 155.7 | 62.8 | 62.1 | 58.5 | 71.7 | 87.2 | (201.5) | (2 003.3) |
| Total Liabilities | 16 061.8 | 14 577.8 | 9 279.8 | 9 671.1 | 10 093.4 | 9 221.7 | 7 416.1 | 6 956.0 | 7 003.5 | 3 914.0 | 3 957.3 | 3 351.6 | 2 500.3 | 2 357.7 | 2 612.6 | 2 819.8 |
| EQUITY | ||||||||||||||||
| Common Stock | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 100 K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Earnings | 492.0 | (626.8) | (1 822.3) | (1 893.5) | (339.6) | (130.4) | (77.2) | (187.3) | 26.9 | 25.5 | 20.5 | (32.0) | (70.1) | (100.8) | (85.8) | (115.1) |
| Other Accumulative Comprehensive Income/Loss | 85.6 | 54.7 | (230.9) | (141.8) | 92.5 | 94.3 | (29.9) | (38.3) | 5.7 | 4.8 | (0.5) | 1.2 | (1.3) | 0.6 | (20.3) | 36.1 |
| Total Equity | 4 610.0 | 4 982.2 | 5 928.4 | 6 204.6 | 8 721.7 | 7 716.5 | 6 972.5 | 5 915.2 | 6 250.2 | 2 539.5 | 2 091.3 | 1 753.4 | 1 330.7 | 1 036.1 | 754.9 | 822.0 |
| Total Liabilities and Equity | 20 671.8 | 19 560.0 | 15 208.2 | 15 875.7 | 18 815.1 | 16 938.2 | 14 388.6 | 12 871.2 | 13 253.7 | 6 453.5 | 6 048.6 | 5 105.0 | 3 831.0 | 3 393.8 | 3 367.5 | 3 641.8 |
| SHARES OUTSTANDING | ||||||||||||||||
| Common Shares Outstanding | 224.6 | 227.3 | 228.6 | 232.2 | 232.5 | 224.2 | 204.5 | 184.7 | 53.5 | 42.0 | 41.6 | 41.0 | 41.0 | 6.5 | 42.3 | 42.3 |