Targa Resources Corp(NYSE:TRGP)

Targa Resources Corp., together with its subsidiary, Targa Resources Partners LP, owns, operates, acquires, and develops a portfolio of midstream energy assets in North America. It operates in two segments, Gathering and Processing, and Logistics and Transportation. The company engages in gathering,...
Website: http://www.targaresources.com
Founded: 2005
Full Time Employees: 2,680
Sector: Energy
Industry: Oil & Gas Midstream
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Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-12-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | 2011-12-31 | 2011-06-30 | 2011-03-31 |
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revenues: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sales of commodities | 3,344,600,000 | 3,412,900,000 | 3,469,900,000 | 3,636,300,000 | 3,884,400,000 | 2,531,550,000 | 3,217,000,000 | 2,991,100,000 | 3,953,000,000 | 3,648,100,000 | 3,374,300,000 | 2,914,600,000 | 4,025,000,000 | 4,075,300,000 | 4,800,300,000 | 5,624,200,000 | 4,566,200,000 | 5,025,200,000 | 4,118,100,000 | 3,091,600,000 | 3,367,700,000 | 2,270,200,000 | 1,840,800,000 | 1,280,600,000 | 1,779,700,000 | 2,139,000,000 | 1,594,200,000 | 1,684,200,000 | 1,976,500,000 | 2,297,300,000 | 2,654,100,000 | 2,154,100,000 | 2,173,700,000 | 2,398,000,000 | 1,871,500,000 | 1,623,800,000 | 1,858,100,000 | 1,743,900,000 | 1,398,700,000 | 1,312,900,000 | 1,171,000,000 | 1,321,300,000 | |||||||||||||||
fees from midstream services | 750,100,000 | 642,600,000 | 681,300,000 | 623,800,000 | 677,100,000 | 462,500,000 | 634,800,000 | 570,900,000 | 609,400,000 | 591,400,000 | 522,300,000 | 489,100,000 | 495,500,000 | 479,500,000 | 559,800,000 | 431,600,000 | 392,900,000 | 416,400,000 | 341,600,000 | 324,300,000 | 265,000,000 | 302,600,000 | 274,300,000 | 242,900,000 | 269,200,000 | 334,900,000 | 308,300,000 | 311,100,000 | 322,900,000 | 300,400,000 | 332,300,000 | 290,300,000 | 281,900,000 | 304,800,000 | 260,300,000 | 243,900,000 | 254,500,000 | 268,600,000 | 253,600,000 | 270,700,000 | 271,400,000 | 310,800,000 | |||||||||||||||
total revenues | 4,094,700,000 | 4,055,500,000 | 4,151,200,000 | 4,260,100,000 | 4,561,500,000 | 2,994,050,000 | 3,851,800,000 | 3,562,000,000 | 4,562,400,000 | 4,239,500,000 | 3,896,600,000 | 3,403,700,000 | 4,520,500,000 | 4,554,800,000 | 5,360,100,000 | 6,055,800,000 | 4,959,100,000 | 5,441,600,000 | 4,459,700,000 | 3,415,900,000 | 3,632,700,000 | 2,572,800,000 | 2,115,100,000 | 1,523,500,000 | 2,048,900,000 | 2,473,900,000 | 1,902,500,000 | 1,995,300,000 | 2,299,400,000 | 2,597,700,000 | 2,986,400,000 | 2,444,400,000 | 2,455,600,000 | 2,702,800,000 | 2,131,800,000 | 1,867,700,000 | 2,112,600,000 | 2,012,500,000 | 1,652,300,000 | 1,583,600,000 | 1,442,400,000 | ||||||||||||||||
yoy | -10.23% | 35.45% | 7.77% | 19.60% | -0.02% | -29.38% | -1.15% | 4.65% | 0.93% | -6.92% | -27.30% | -43.79% | -8.84% | -16.30% | 20.19% | 77.28% | 36.51% | 111.50% | 110.85% | 124.21% | 77.30% | 4.00% | 11.17% | -23.65% | -10.89% | -4.77% | -36.29% | -18.37% | -6.36% | -3.89% | 40.09% | 30.88% | 16.24% | 34.30% | 29.02% | 17.94% | 46.46% | ||||||||||||||||||||
qoq | 0.97% | -2.31% | -2.56% | -6.61% | 52.35% | -22.27% | 8.14% | -21.93% | 7.62% | 8.80% | 14.48% | -24.71% | -0.75% | -15.02% | -11.49% | 22.11% | -8.87% | 22.02% | 30.56% | -5.97% | 41.20% | 21.64% | 38.83% | -25.64% | -17.18% | 30.03% | -4.65% | -13.23% | -11.48% | -13.02% | 22.17% | -0.46% | -9.15% | 26.78% | 14.14% | -11.59% | 4.97% | 21.80% | 4.34% | 9.79% | |||||||||||||||||
costs and expenses: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
product purchases and fuel | 2,394,500,000 | 2,307,600,000 | 2,506,400,000 | 2,436,000,000 | 3,257,800,000 | 1,945,100,000 | 2,365,000,000 | 2,197,400,000 | 3,218,000,000 | 2,898,500,000 | 2,690,000,000 | 2,068,900,000 | 3,019,000,000 | 3,324,300,000 | 4,306,300,000 | 5,047,300,000 | 4,204,100,000 | 4,569,700,000 | 3,614,700,000 | 2,709,000,000 | 2,836,300,000 | ||||||||||||||||||||||||||||||||||||
operating expenses | 333,700,000 | 337,600,000 | 333,500,000 | 323,600,000 | 303,600,000 | 217,425,000 | 301,000,000 | 290,700,000 | 278,000,000 | 269,500,000 | 277,700,000 | 272,600,000 | 258,200,000 | 252,200,000 | 261,300,000 | 215,800,000 | 183,500,000 | 201,700,000 | 189,400,000 | 184,800,000 | 171,100,000 | 214,700,000 | 181,900,000 | 183,400,000 | 194,600,000 | 192,100,000 | 200,200,000 | 210,200,000 | 190,200,000 | 183,300,000 | 194,900,000 | 170,500,000 | 173,200,000 | 160,200,000 | 155,500,000 | 155,200,000 | 151,900,000 | 139,700,000 | 143,000,000 | 138,900,000 | 132,100,000 | 133,600,000 | 136,900,000 | 111,400,000 | 112,800,000 | 106,600,000 | 104,300,000 | 97,600,000 | 96,100,000 | 86,100,000 | 85,931,300 | 78,300,000 | 77,300,000 | 71,600,000 | 71,600,000 | 66,000,000 | |
depreciation and amortization expense | 426,000,000 | 390,500,000 | 383,500,000 | 373,700,000 | 367,600,000 | 261,125,000 | 355,400,000 | 348,600,000 | 340,500,000 | 341,400,000 | 331,300,000 | 332,100,000 | 324,800,000 | 329,800,000 | 287,200,000 | 269,900,000 | 209,100,000 | 219,700,000 | 222,800,000 | 211,900,000 | 216,200,000 | 217,800,000 | 203,700,000 | 204,500,000 | 239,100,000 | 252,700,000 | 244,300,000 | 237,200,000 | 237,400,000 | 208,800,000 | 206,300,000 | 202,600,000 | 198,100,000 | 206,700,000 | 208,300,000 | 203,400,000 | 191,100,000 | ||||||||||||||||||||
general and administrative expense | 107,800,000 | 111,700,000 | 104,800,000 | 95,000,000 | 94,500,000 | 71,850,000 | 102,600,000 | 98,300,000 | 86,500,000 | 95,300,000 | 90,000,000 | 81,000,000 | 82,400,000 | 92,500,000 | 79,100,000 | 71,000,000 | 67,100,000 | 80,800,000 | 67,300,000 | 63,700,000 | 61,400,000 | 74,000,000 | 58,600,000 | 61,500,000 | 60,500,000 | 57,200,000 | 69,900,000 | 72,800,000 | 81,100,000 | 80,000,000 | 63,200,000 | 57,000,000 | 56,700,000 | 53,900,000 | 49,900,000 | 51,000,000 | 48,700,000 | ||||||||||||||||||||
other operating expense | -14,200,000 | -9,300,000 | -13,900,000 | -1,800,000 | -5,300,000 | 4,200,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
income from operations | 846,900,000 | 917,400,000 | 836,900,000 | 1,033,600,000 | 543,300,000 | 498,725,000 | 728,200,000 | 627,200,000 | 639,400,000 | 635,300,000 | 505,100,000 | 649,100,000 | 836,700,000 | 551,400,000 | 430,000,000 | 451,900,000 | 295,800,000 | -91,600,000 | 366,500,000 | 245,800,000 | 344,100,000 | 265,200,000 | 295,500,000 | 213,100,000 | -2,077,500,000 | -23,700,000 | 41,600,000 | 113,700,000 | 61,300,000 | -80,700,000 | 76,700,000 | 155,400,000 | 86,300,000 | 113,500,000 | -323,600,000 | 37,200,000 | 50,500,000 | -97,700,000 | 51,600,000 | 66,300,000 | 35,500,000 | 115,300,000 | 112,400,000 | 137,300,000 | 168,700,000 | 150,300,000 | 158,400,000 | 88,500,000 | 60,900,000 | 73,900,000 | 86,534,200 | 59,000,000 | 83,200,000 | 107,700,000 | 98,500,000 | 73,500,000 | |
yoy | 55.88% | 83.95% | 14.93% | 64.80% | -15.03% | -21.50% | 44.17% | -3.37% | -23.58% | 15.22% | 17.47% | 43.64% | 182.86% | -701.97% | 17.33% | 83.85% | -14.04% | -134.54% | 24.03% | 15.34% | -116.56% | -1218.99% | 610.34% | 87.42% | -3489.07% | -70.63% | -45.76% | -26.83% | -28.97% | -171.10% | -123.70% | 317.74% | 70.89% | -216.17% | -727.13% | -43.89% | 42.25% | -184.74% | -54.09% | -51.71% | -78.96% | -23.29% | -29.04% | 55.14% | 177.01% | 103.38% | 83.05% | 50.00% | -26.80% | -31.38% | -40.10% | 13.20% | |||||
qoq | -7.68% | 9.62% | -19.03% | 90.24% | 8.94% | -31.51% | 16.10% | -1.91% | 0.65% | 25.78% | -22.18% | -22.42% | 51.74% | 28.23% | -4.85% | 52.77% | -422.93% | -124.99% | 49.10% | -28.57% | 29.75% | -10.25% | 38.67% | -110.26% | 8665.82% | -156.97% | -63.41% | 85.48% | -175.96% | -205.22% | -50.64% | 80.07% | -23.96% | -135.07% | -969.89% | -26.34% | -151.69% | -289.34% | -22.17% | 86.76% | -69.21% | 2.58% | -18.14% | -18.61% | 12.24% | -5.11% | 78.98% | 45.32% | -17.59% | -14.60% | 46.67% | -29.09% | -22.75% | 34.01% | |||
operating margin % | 20.68% | 22.62% | 20.16% | 24.26% | 11.91% | 16.66% | 18.91% | 17.61% | 14.01% | 14.99% | 12.96% | 19.07% | 18.51% | 12.11% | 8.02% | 7.46% | 5.96% | -1.68% | 8.22% | 7.20% | 9.47% | 10.31% | 13.97% | 13.99% | -101.40% | -0.96% | 2.19% | 5.70% | 2.67% | -3.11% | 2.57% | 6.36% | 3.51% | 4.20% | -15.18% | 1.99% | 2.39% | -4.85% | 3.12% | 4.19% | 2.46% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | NaN% | Infinity% | Infinity% |
other income: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense | -227,600,000 | -216,000,000 | -221,300,000 | -218,400,000 | -197,100,000 | -147,375,000 | -184,900,000 | -176,000,000 | -228,600,000 | -178,000,000 | -175,100,000 | -166,600,000 | -168,000,000 | -145,600,000 | -125,800,000 | -81,200,000 | -93,600,000 | -103,700,000 | -91,000,000 | -94,800,000 | -98,400,000 | -98,900,000 | -97,700,000 | -96,700,000 | -98,000,000 | -96,000,000 | -89,100,000 | -61,600,000 | -78,200,000 | -52,500,000 | -56,100,000 | -62,100,000 | -63,000,000 | -67,200,000 | -62,700,000 | -71,400,000 | -52,900,000 | -70,400,000 | -70,200,000 | -55,000,000 | -36,900,000 | -35,700,000 | -33,900,000 | -33,400,000 | -32,400,000 | -32,100,000 | -22,750,000 | -30,000,000 | -30,500,000 | -30,500,000 | -28,000,000 | -28,500,000 | |||||
equity earnings | 8,600,000 | -5,200,000 | 6,400,000 | 5,100,000 | 5,500,000 | 1,975,000 | 2,200,000 | 2,900,000 | 2,800,000 | 2,800,000 | 3,000,000 | 3,400,000 | -200,000 | 400,000 | 1,700,000 | 1,400,000 | 5,600,000 | -62,800,000 | 14,300,000 | 12,800,000 | 11,800,000 | 18,500,000 | 18,600,000 | 14,900,000 | 20,600,000 | 23,100,000 | 10,000,000 | 3,200,000 | 2,800,000 | 900,000 | 3,000,000 | 1,900,000 | 1,500,000 | -400,000 | 200,000 | -4,200,000 | -12,600,000 | -2,900,000 | -2,200,000 | -4,400,000 | -4,800,000 | -1,600,000 | -1,500,000 | 1,700,000 | 4,700,000 | 4,200,000 | 4,900,000 | 5,600,000 | 2,900,000 | 1,600,000 | 2,210,000 | -2,200,000 | -200,000 | 2,100,000 | |||
other | -16,600,000 | -4,000,000 | -1,100,000 | 1,000,000 | 300,000 | 275,000 | -400,000 | -100,000 | 1,700,000 | 2,100,000 | -100,000 | -2,000,000 | -3,000,000 | -500,000 | -14,600,000 | 500,000 | -500,000 | 300,000 | 200,000 | 100,000 | 100,000 | 1,200,000 | 1,400,000 | 800,000 | 100,000 | 200,000 | 4,400,000 | -8,500,000 | 1,400,000 | -100,000 | -100,000 | 2,000,000 | 1,700,000 | -25,200,000 | -600,000 | -100,000 | 9,100,000 | 6,500,000 | -200,000 | -525,000 | -1,800,000 | -400,000 | |||||||||||||||
income before income taxes | 611,300,000 | 692,200,000 | 620,900,000 | 821,300,000 | 352,000,000 | 353,400,000 | 545,100,000 | 453,200,000 | 415,300,000 | 460,100,000 | 332,900,000 | 483,900,000 | 665,500,000 | 405,700,000 | 291,300,000 | 774,700,000 | 191,500,000 | -257,900,000 | 290,000,000 | 162,000,000 | 242,900,000 | 184,500,000 | 204,100,000 | 153,900,000 | -2,115,600,000 | -93,000,000 | 28,300,000 | 45,600,000 | -27,600,000 | -120,400,000 | -15,100,000 | 153,900,000 | 47,800,000 | 34,400,000 | -252,500,000 | -35,400,000 | -39,400,000 | -237,400,000 | -11,900,000 | -12,900,000 | 2,400,000 | 44,800,000 | 38,600,000 | 49,800,000 | 135,900,000 | 118,700,000 | 129,400,000 | 62,400,000 | 30,500,000 | 43,200,000 | 39,820,700 | 25,000,000 | 52,100,000 | 79,300,000 | 68,600,000 | 46,600,000 | |
income tax benefit | -123,900,000 | -139,100,000 | -134,300,000 | -184,100,000 | -72,200,000 | -68,525,000 | -97,000,000 | -94,300,000 | -82,700,000 | -102,500,000 | -53,900,000 | -96,400,000 | -110,300,000 | -9,800,000 | -12,000,000 | -87,100,000 | -22,900,000 | 8,700,000 | -2,000,000 | -6,600,000 | -15,000,000 | -38,500,000 | -31,900,000 | 23,200,000 | 295,300,000 | 77,900,000 | 3,800,000 | 3,300,000 | 2,900,000 | 32,200,000 | 3,900,000 | -32,800,000 | -8,900,000 | 264,800,000 | 97,400,000 | 106,000,000 | -71,100,000 | 96,700,000 | 8,700,000 | -1,700,000 | |||||||||||||||||
net income | 487,400,000 | 553,100,000 | 486,600,000 | 637,200,000 | 279,800,000 | 337,900,000 | 448,100,000 | 358,900,000 | 332,600,000 | 357,600,000 | 279,000,000 | 387,500,000 | 555,200,000 | 395,900,000 | 279,300,000 | 687,600,000 | 168,600,000 | -249,200,000 | 288,000,000 | 155,400,000 | 227,900,000 | 146,000,000 | 172,200,000 | 177,100,000 | -1,820,300,000 | -15,100,000 | 32,100,000 | 48,900,000 | -24,700,000 | -88,200,000 | -11,200,000 | 121,100,000 | 38,900,000 | 299,200,000 | -155,100,000 | 70,600,000 | -110,500,000 | -140,700,000 | -3,200,000 | -14,600,000 | 20,800,000 | 23,800,000 | 34,600,000 | 120,400,000 | 103,200,000 | 106,900,000 | 49,400,000 | 22,500,000 | 33,800,000 | 27,620,300 | 19,000,000 | 43,500,000 | 69,200,000 | 63,300,000 | 40,800,000 | ||
yoy | 74.20% | 63.69% | 8.59% | 77.54% | -15.87% | -5.51% | 60.61% | -7.38% | -40.09% | -9.67% | -0.11% | -43.64% | 229.30% | -258.87% | -3.02% | 342.47% | -26.02% | -270.68% | 67.25% | -12.25% | -112.52% | -1066.89% | 436.45% | 262.17% | 7269.64% | -82.88% | -386.61% | -59.62% | -163.50% | -129.48% | -92.78% | 71.53% | -135.20% | -312.65% | 4746.88% | -583.56% | -776.44% | -113.45% | -142.20% | -79.84% | -77.74% | -29.96% | 435.11% | 205.33% | 287.03% | 160.00% | -48.28% | -51.16% | -69.98% | 6.62% | |||||||
qoq | -11.88% | 13.67% | -23.63% | 127.73% | -17.19% | -24.59% | 24.85% | 7.91% | -6.99% | 28.17% | -28.00% | -30.21% | 40.24% | 41.75% | -59.38% | 307.83% | -167.66% | -186.53% | 85.33% | -31.81% | 56.10% | -15.21% | -2.77% | -109.73% | 11954.97% | -147.04% | -34.36% | -297.98% | -72.00% | 687.50% | -109.25% | 211.31% | -87.00% | -292.91% | -319.69% | -163.89% | -21.46% | 4296.88% | -78.08% | -12.61% | -31.21% | -71.26% | 16.67% | -3.46% | 116.40% | 119.56% | -33.43% | 22.37% | 45.37% | -56.32% | -37.14% | 55.15% | |||||
net income margin % | 11.90% | 13.64% | 11.72% | 14.96% | 6.13% | 11.29% | 11.63% | 10.08% | 7.29% | 8.43% | 7.16% | 11.38% | 12.28% | 8.69% | 5.21% | 11.35% | 3.40% | -4.58% | 6.46% | 4.55% | 6.27% | 5.67% | 8.14% | 11.62% | -88.84% | -0.61% | 1.69% | 2.45% | -1.07% | -3.40% | -0.38% | 4.95% | 1.58% | 11.07% | -7.28% | 3.78% | -5.23% | -6.99% | -0.19% | -0.92% | 0% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | NaN% | Infinity% | Infinity% |
less: net income attributable to noncontrolling interests | 7,800,000 | 8,100,000 | 8,200,000 | 8,100,000 | 9,300,000 | 44,625,000 | 60,700,000 | 60,400,000 | 57,400,000 | 58,000,000 | 59,000,000 | 58,200,000 | 58,200,000 | 77,900,000 | 86,200,000 | 91,200,000 | 80,600,000 | 64,400,000 | 105,800,000 | 99,200,000 | 81,500,000 | 112,400,000 | 102,900,000 | 96,100,000 | -82,500,000 | 97,700,000 | 79,400,000 | 59,100,000 | 14,200,000 | 18,400,000 | 12,500,000 | 12,000,000 | 16,000,000 | 15,900,000 | 12,500,000 | 13,000,000 | 8,800,000 | 10,000,000 | 7,500,000 | 8,600,000 | 2,000,000 | 8,100,000 | 8,600,000 | 31,400,000 | 89,700,000 | 76,800,000 | 87,300,000 | 33,100,000 | 7,500,000 | 20,400,000 | 16,428,000 | 10,300,000 | 34,900,000 | 59,600,000 | 52,800,000 | 34,000,000 | |
net income attributable to targa resources corp. | 479,600,000 | 545,000,000 | 478,400,000 | 629,100,000 | 270,500,000 | 240,250,000 | 387,400,000 | 298,500,000 | 275,200,000 | 299,600,000 | 220,000,000 | 329,300,000 | 497,000,000 | 318,000,000 | 193,100,000 | 596,400,000 | 88,000,000 | -313,600,000 | 182,200,000 | 56,200,000 | 146,400,000 | 33,600,000 | 69,300,000 | 81,000,000 | -1,737,800,000 | -112,800,000 | -47,300,000 | -10,200,000 | -38,900,000 | -106,600,000 | -23,700,000 | 109,100,000 | 22,900,000 | 283,300,000 | -167,600,000 | 57,600,000 | -119,300,000 | -150,700,000 | -10,700,000 | -23,200,000 | -2,700,000 | 10,500,000 | 6,800,000 | ||||||||||||||
premium on repurchase of noncontrolling interests, net of tax | 70,500,000 | 19,400,000 | 490,700,000 | 100,000 | 53,100,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to common shareholders | 479,600,000 | 545,000,000 | 478,400,000 | 629,100,000 | 200,000,000 | 240,250,000 | 387,400,000 | 298,500,000 | 275,200,000 | 280,200,000 | 220,000,000 | 329,300,000 | 6,300,000 | 317,900,000 | 193,100,000 | 372,700,000 | 13,100,000 | -335,400,000 | 160,400,000 | 34,400,000 | 124,600,000 | -800,000 | 36,900,000 | 48,900,000 | -1,769,700,000 | -144,400,000 | -78,600,000 | -41,200,000 | -69,700,000 | -137,200,000 | -54,000,000 | 79,000,000 | -7,000,000 | 253,700,000 | -197,000,000 | 28,400,000 | -148,300,000 | -179,500,000 | -39,400,000 | -52,600,000 | -6,500,000 | ||||||||||||||||
net income per common share - basic | 2,220,000 | 2,520,000 | 2,210,000 | 2,880,000 | 910,000 | 1,080,000 | 1,760,000 | 1,340,000 | 1,230,000 | 1,250,000 | 970,000 | 1,440,000 | 30,000 | 1,410,000 | 850,000 | 1,640,000 | 60,000 | -1,470,000 | 700,000 | 150,000 | 540,000 | -40,000 | 160,000 | 210,000 | -7,600,000 | -620,000 | -340,000 | -180,000 | -300,000 | -610,000 | -240,000 | 360,000 | -30,000 | 1,250,000 | -910,000 | 140,000 | -770,000 | -1,120,000 | -230,000 | -330,000 | -60,000 | ||||||||||||||||
net income per common share - diluted | 2,210,000 | 2,510,000 | 2,200,000 | 2,870,000 | 910,000 | 1,075,000 | 1,750,000 | 1,330,000 | 1,220,000 | 1,230,000 | 970,000 | 1,440,000 | 30,000 | 1,380,000 | 840,000 | 1,610,000 | 60,000 | -1,450,000 | 660,000 | 150,000 | 530,000 | -40,000 | 160,000 | 210,000 | -7,600,000 | -620,000 | -340,000 | -180,000 | -300,000 | -610,000 | -240,000 | 350,000 | -30,000 | 1,250,000 | -910,000 | 140,000 | -770,000 | -1,120,000 | -230,000 | -330,000 | -60,000 | ||||||||||||||||
weighted-average shares outstanding - basic | 214,800,000 | 216,100,000 | 215,200,000 | 216,600,000 | 217,900,000 | 219,000,000 | 221,000,000 | 222,800,000 | 224,600,000 | 223,800,000 | 225,600,000 | 226,400,000 | 227,300,000 | 226,600,000 | 227,800,000 | 228,500,000 | 228,600,000 | 228,800,000 | 228,600,000 | 228,500,000 | 232,200,000 | 233,400,000 | 233,100,000 | 233,000,000 | 232,500,000 | 232,700,000 | 232,400,000 | 232,200,000 | 224,200,000 | 226,500,000 | 221,100,000 | 218,700,000 | 206,900,000 | 215,600,000 | 203,700,000 | 191,800,000 | 154,400,000 | 168,000,000 | 161,600,000 | 106,600,000 | 56,000,000 | 55,900,000 | 45,800,000 | 42,000,000 | 42,000,000 | 42,000,000 | 41,600,000 | 41,600,000 | 41,600,000 | 41,000,000 | 41,000,000 | 41,000,000 | 41,000,000 | 40,900,000 | |||
weighted-average shares outstanding - diluted | 215,500,000 | 216,900,000 | 216,000,000 | 217,300,000 | 218,700,000 | 220,000,000 | 221,900,000 | 223,700,000 | 226,000,000 | 225,100,000 | 226,800,000 | 229,300,000 | 231,100,000 | 230,300,000 | 231,700,000 | 232,400,000 | 228,600,000 | 276,400,000 | 231,300,000 | 274,700,000 | 232,200,000 | 233,800,000 | 233,800,000 | 233,000,000 | 232,500,000 | 232,700,000 | 232,400,000 | 232,200,000 | 224,200,000 | 226,500,000 | 222,800,000 | 218,700,000 | 206,900,000 | 215,600,000 | 205,000,000 | 191,800,000 | 154,400,000 | 168,000,000 | 161,600,000 | 106,600,000 | 56,100,000 | 56,100,000 | 45,900,000 | 42,100,000 | 42,100,000 | 42,100,000 | 42,100,000 | 42,100,000 | 42,000,000 | 41,900,000 | 41,900,000 | 41,800,000 | 41,400,000 | 41,300,000 | |||
other operating income | -175,000 | -400,000 | -200,000 | -500,000 | 2,500,000 | -600,000 | 4,600,000 | -3,800,000 | -100,000 | -500,000 | 9,000,000 | -1,000,000 | 700,000 | 3,600,000 | 42,800,000 | 72,200,000 | 400,000 | 1,100,000 | 49,600,000 | 18,400,000 | -200,000 | 3,400,000 | -12,200,000 | 61,800,000 | -46,400,000 | 300,000 | 200,000 | 600,000 | 300,000 | 16,200,000 | 500,000 | 4,900,000 | 100,000 | 1,000,000 | 100,000 | 500,000 | -4,300,000 | -400,000 | -700,000 | 4,100,000 | 1,119,000 | 18,900,000 | |||||||||||||||
gain from financing activities | -200,000 | -800,000 | -33,800,000 | -15,800,000 | -1,900,000 | -14,700,000 | -1,800,000 | -13,700,000 | 21,800,000 | 39,300,000 | -1,400,000 | -2,000,000 | -300,000 | -10,700,000 | -5,800,000 | -69,600,000 | -3,300,000 | 24,700,000 | |||||||||||||||||||||||||||||||||||||||
gain from sale of equity method investment | 435,900,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends on series a preferred stock | 8,200,000 | 21,800,000 | 21,800,000 | 21,800,000 | 21,800,000 | 21,800,000 | 22,900,000 | 22,900,000 | 22,900,000 | 22,900,000 | 22,900,000 | 22,900,000 | 22,900,000 | 22,900,000 | 22,900,000 | 22,900,000 | 22,900,000 | 22,900,000 | 22,900,000 | 22,900,000 | 22,900,000 | 22,900,000 | 22,900,000 | 22,900,000 | 22,900,000 | 3,800,000 | |||||||||||||||||||||||||||||||
deemed dividends on series a preferred stock | 215,500,000 | 11,500,000 | 9,500,000 | 9,200,000 | 9,000,000 | 8,700,000 | 8,400,000 | 8,100,000 | 7,900,000 | 7,700,000 | 7,400,000 | 7,200,000 | 7,000,000 | 6,700,000 | 6,500,000 | 6,300,000 | 6,100,000 | 5,900,000 | 5,800,000 | 6,500,000 | |||||||||||||||||||||||||||||||||||||
impairment of long-lived assets | 2,442,800,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
product purchases | 1,758,300,000 | 1,303,200,000 | 860,600,000 | 1,188,300,000 | 1,702,800,000 | 1,328,100,000 | 1,361,600,000 | 1,726,000,000 | 2,008,500,000 | 2,383,500,000 | 1,905,300,000 | 1,941,000,000 | 2,168,300,000 | 1,663,100,000 | 1,420,600,000 | 1,654,200,000 | 1,544,000,000 | 1,222,700,000 | 1,145,200,000 | 1,011,000,000 | 1,172,400,000 | 1,237,000,000 | 1,268,300,000 | 1,880,500,000 | 1,677,900,000 | 1,973,300,000 | 1,259,800,000 | 1,176,400,000 | 1,137,500,000 | 1,267,248,780 | 1,153,000,000 | 1,074,600,000 | 1,384,200,000 | 1,477,200,000 | 1,400,600,000 | ||||||||||||||||||||||
gain from sale of equity-method investment | 3,500,000 | 65,800,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in contingent considerations | 100,000 | 800,000 | -9,700,000 | 20,900,000 | -16,600,000 | 60,600,000 | -56,100,000 | -26,000,000 | 126,800,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
interest income | -72,100,000 | -80,600,000 | -62,000,000 | 16,100,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of property, plant and equipment | 378,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends per common share declared for the period | 682,500 | 910,000 | 910,000 | 910,000 | 910,000 | 910,000 | 910,000 | 910,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
revenues | 1,699,400,000 | 1,679,700,000 | 2,288,300,000 | 2,061,900,000 | 2,352,900,000 | 1,556,800,000 | 1,441,600,000 | 1,397,800,000 | 1,527,358,830 | 1,393,500,000 | 1,319,100,000 | 1,645,800,000 | 1,727,700,000 | 1,618,100,000 | |||||||||||||||||||||||||||||||||||||||||||
impairment of goodwill | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
goodwill impairment | 183,000,000 | 24,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation and amortization expenses | 194,100,000 | 184,000,000 | 186,100,000 | 193,500,000 | 165,800,000 | 163,900,000 | 119,600,000 | 87,600,000 | 85,900,000 | 79,600,000 | 69,000,000 | 65,700,000 | 64,000,000 | 36,075,000 | 48,600,000 | 48,300,000 | 47,400,000 | 45,300,000 | 43,400,000 | ||||||||||||||||||||||||||||||||||||||
general and administrative expenses | 48,900,000 | 46,100,000 | 47,000,000 | 45,300,000 | 44,900,000 | 49,200,000 | 42,600,000 | 43,000,000 | 41,600,000 | 38,000,000 | 37,700,000 | 38,400,000 | 36,300,000 | 26,625,000 | 35,700,000 | 35,700,000 | 34,900,000 | 35,100,000 | 34,600,000 | ||||||||||||||||||||||||||||||||||||||
total tax benefit | -3,100,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income: | -700,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total revenues: | 1,632,100,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from financing activities | -500,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income tax benefit: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current | -600,000 | -2,400,000 | -9,100,000 | -17,300,000 | -16,600,000 | -23,900,000 | -6,600,000 | -7,600,000 | -9,200,000 | -5,075,000 | -4,300,000 | -7,400,000 | -8,700,000 | -4,600,000 | -5,500,000 | ||||||||||||||||||||||||||||||||||||||||||
deferred | -23,400,000 | -12,400,000 | -6,100,000 | 1,800,000 | 1,100,000 | 1,400,000 | -6,400,000 | -400,000 | -200,000 | -1,100,000 | -1,700,000 | -1,200,000 | -1,400,000 | -700,000 | -300,000 | ||||||||||||||||||||||||||||||||||||||||||
net income available to common shareholders | 12,700,000 | 15,200,000 | 30,700,000 | 26,400,000 | 19,600,000 | 16,300,000 | 15,000,000 | 13,400,000 | 6,725,000 | 8,700,000 | 8,600,000 | 9,600,000 | 10,500,000 | 6,800,000 | |||||||||||||||||||||||||||||||||||||||||||
net income available per common share - basic | 230,000 | 270,000 | 70,000 | 730,000 | 630,000 | 470,000 | 390,000 | 360,000 | 320,000 | 165,000 | 210,000 | 210,000 | 230,000 | 260,000 | 170,000 | ||||||||||||||||||||||||||||||||||||||||||
net income available per common share - diluted | 230,000 | 270,000 | 70,000 | 730,000 | 630,000 | 470,000 | 390,000 | 360,000 | 320,000 | 160,000 | 210,000 | 210,000 | 230,000 | 250,000 | 160,000 | ||||||||||||||||||||||||||||||||||||||||||
loss on debt redemptions and amendments | -3,800,000 | -9,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income available to targa resources corp. | 3,200,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on debt redemptions and amendments | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on debt redemption | -7,400,000 | -7,400,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
income tax expense: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on mark-to-market derivative instruments | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
see notes to consolidated financial statements. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other operating | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other income | -100,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
see notes to consolidated financial statements | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity in earnings of unconsolidated investment | 1,300,000 | 1,700,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on debt repurchases | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on early debt extinguishment | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on mark-to-market derivative instruments | -3,200,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends on series b preferred stock | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends on common equivalents | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on debt repurchases | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
undistributed earnings attributable to preferred shareholders |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-12-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | 2011-12-31 | 2011-06-30 | 2011-03-31 |
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assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current assets: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 100,100,000 | 166,100,000 | 124,100,000 | 113,100,000 | 151,400,000 | 157,300,000 | 127,200,000 | 166,400,000 | 109,900,000 | 141,700,000 | 139,500,000 | 169,400,000 | 211,800,000 | 219,000,000 | 192,900,000 | 154,000,000 | 135,900,000 | 158,500,000 | 228,600,000 | 209,000,000 | 248,500,000 | 242,800,000 | 275,000,000 | 196,200,000 | 375,200,000 | 331,100,000 | 326,300,000 | 226,500,000 | 124,900,000 | 232,100,000 | 203,200,000 | 281,600,000 | 219,800,000 | 137,200,000 | 114,100,000 | 98,700,000 | 80,000,000 | 73,500,000 | 141,100,000 | 170,900,000 | 114,500,000 | 102,900,000 | 105,700,000 | 170,700,000 | 78,800,000 | 75,900,000 | 94,900,000 | 83,700,000 | 82,900,000 | 112,700,000 | 76,300,000 | 120,700,000 | 117,500,000 | 121,200,000 | 145,800,000 | 154,700,000 | 147,700,000 |
trade receivables, net of allowance | 1,691,700,000 | 1,474,600,000 | 1,407,700,000 | 1,408,600,000 | 1,403,300,000 | 1,618,300,000 | 1,301,200,000 | 1,216,900,000 | 1,483,700,000 | 1,471,000,000 | 1,241,100,000 | 988,100,000 | 1,023,400,000 | 1,408,400,000 | 1,534,900,000 | 1,612,600,000 | 1,567,200,000 | 1,331,900,000 | 1,291,000,000 | 901,800,000 | 997,100,000 | 862,800,000 | 609,800,000 | 547,200,000 | 438,100,000 | 855,000,000 | 744,000,000 | 637,200,000 | 752,800,000 | 865,500,000 | 1,037,200,000 | 867,200,000 | 745,600,000 | 827,600,000 | 710,400,000 | 550,400,000 | 537,700,000 | 674,600,000 | 547,400,000 | 490,100,000 | 428,400,000 | 621,000,000 | 602,500,000 | 675,600,000 | 698,100,000 | 682,600,000 | 610,400,000 | 498,500,000 | 435,800,000 | 427,600,000 | 514,900,000 | 416,200,000 | 368,100,000 | 462,600,000 | 575,700,000 | 495,800,000 | 444,600,000 |
inventories | 334,400,000 | 429,300,000 | 490,700,000 | 443,500,000 | 256,200,000 | 334,300,000 | 414,900,000 | 320,600,000 | 224,500,000 | 371,500,000 | 536,200,000 | 312,300,000 | 156,200,000 | 393,800,000 | 471,300,000 | 202,200,000 | 97,500,000 | 153,400,000 | 316,800,000 | 65,600,000 | 51,600,000 | 181,500,000 | 261,700,000 | 219,300,000 | 100,200,000 | 161,500,000 | 210,900,000 | 205,100,000 | 197,900,000 | 164,700,000 | 177,900,000 | 181,400,000 | 96,700,000 | 204,500,000 | 267,400,000 | 197,700,000 | 75,500,000 | 137,700,000 | 150,300,000 | 111,000,000 | 61,700,000 | 151,100,000 | 124,800,000 | 78,200,000 | 251,200,000 | 151,700,000 | 88,500,000 | 201,700,000 | 138,300,000 | 66,000,000 | 99,400,000 | ||||||
assets from risk management activities | 100,600,000 | 154,700,000 | 99,800,000 | 78,300,000 | 74,200,000 | 61,800,000 | 75,000,000 | 62,800,000 | 72,600,000 | 111,900,000 | 84,200,000 | 194,200,000 | 146,500,000 | 179,900,000 | 185,800,000 | 80,800,000 | 22,000,000 | 43,100,000 | 82,700,000 | 76,800,000 | 83,200,000 | 85,500,000 | 88,900,000 | 122,000,000 | 199,700,000 | 103,300,000 | 140,100,000 | 103,900,000 | 75,900,000 | 115,300,000 | 59,600,000 | 54,200,000 | 63,200,000 | 37,900,000 | 18,700,000 | 35,700,000 | 23,900,000 | 16,800,000 | 34,800,000 | 41,400,000 | 82,400,000 | 92,300,000 | 91,800,000 | 126,000,000 | 5,000,000 | 2,000,000 | 1,600,000 | 10,900,000 | 23,200,000 | 18,200,000 | 29,300,000 | 33,700,000 | 56,300,000 | 40,500,000 | 41,000,000 | 22,500,000 | 19,600,000 |
other current assets | 211,400,000 | 138,000,000 | 157,300,000 | 163,700,000 | 191,100,000 | 124,600,000 | 109,900,000 | 99,900,000 | 82,300,000 | 98,500,000 | 138,300,000 | 64,800,000 | 100,900,000 | 155,500,000 | 112,400,000 | 114,500,000 | 77,900,000 | 82,900,000 | 74,200,000 | 64,700,000 | 28,400,000 | 87,700,000 | 36,700,000 | 45,100,000 | 101,100,000 | 69,700,000 | 54,700,000 | 39,200,000 | 29,500,000 | 41,300,000 | 82,800,000 | 47,100,000 | 35,000,000 | 62,700,000 | 85,600,000 | 30,400,000 | 24,400,000 | 36,400,000 | 24,600,000 | 43,300,000 | 28,900,000 | 33,800,000 | 38,700,000 | 17,100,000 | 20,000,000 | 23,000,000 | 10,200,000 | 14,200,000 | 17,700,000 | 6,700,000 | 13,400,000 | 11,400,000 | 17,900,000 | 6,400,000 | 11,700,000 | 22,700,000 | 7,000,000 |
total current assets | 2,438,200,000 | 2,362,700,000 | 2,279,600,000 | 2,207,200,000 | 2,076,200,000 | 2,296,300,000 | 2,028,200,000 | 1,866,600,000 | 1,973,000,000 | 2,194,600,000 | 2,139,300,000 | 1,728,800,000 | 1,638,800,000 | 2,356,600,000 | 2,497,300,000 | 2,164,100,000 | 1,900,500,000 | 1,769,800,000 | 1,993,300,000 | 1,317,900,000 | 1,408,800,000 | 1,460,300,000 | 1,444,400,000 | 1,225,000,000 | 1,214,300,000 | 1,658,300,000 | 1,476,000,000 | 1,211,900,000 | 1,181,000,000 | 1,418,900,000 | 1,726,400,000 | 1,431,500,000 | 1,160,300,000 | 1,269,900,000 | 1,200,800,000 | 914,900,000 | 812,100,000 | 1,006,800,000 | 976,700,000 | 856,700,000 | 715,900,000 | 1,001,100,000 | 963,500,000 | 1,067,600,000 | 1,053,100,000 | 939,200,000 | 809,900,000 | 809,000,000 | 697,900,000 | 631,200,000 | 733,300,000 | 666,400,000 | 649,500,000 | 676,200,000 | 866,500,000 | 779,400,000 | 638,700,000 |
property, plant and equipment | 21,770,900,000 | 20,534,800,000 | 19,610,100,000 | 19,020,300,000 | 18,405,600,000 | 18,062,700,000 | 17,425,200,000 | 16,891,200,000 | 16,282,800,000 | 15,806,400,000 | 15,333,500,000 | 14,890,400,000 | 14,470,000,000 | 14,214,600,000 | 13,716,400,000 | 11,878,300,000 | 11,653,000,000 | 11,667,700,000 | 11,922,400,000 | 11,996,600,000 | 12,060,700,000 | 12,173,600,000 | 12,292,800,000 | 12,417,400,000 | 12,411,800,000 | 19,876,800,000 | 19,596,000,000 | 19,048,700,000 | 18,189,300,000 | 17,220,700,000 | 16,221,500,000 | 15,451,000,000 | 14,768,800,000 | 14,205,400,000 | 13,692,000,000 | 13,313,600,000 | 12,957,000,000 | 12,518,700,000 | 12,354,500,000 | 12,229,400,000 | 12,114,600,000 | 11,798,400,000 | 11,602,000,000 | 11,624,600,000 | 6,307,700,000 | 6,165,600,000 | 5,936,900,000 | 5,454,000,000 | 5,166,800,000 | 4,919,600,000 | 4,708,000,000 | 4,196,400,000 | 4,060,900,000 | 3,920,200,000 | 3,821,100,000 | 2,587,400,000 | 2,543,700,000 |
intangible assets | 2,201,200,000 | 1,651,400,000 | 1,732,900,000 | 1,814,400,000 | 1,895,900,000 | 1,977,400,000 | 2,070,700,000 | 2,164,000,000 | 2,257,300,000 | 2,350,600,000 | 2,446,600,000 | 2,542,600,000 | 2,638,600,000 | 2,734,600,000 | 2,839,700,000 | 1,038,800,000 | 1,066,800,000 | 1,094,800,000 | 1,284,200,000 | 1,316,900,000 | 1,349,600,000 | 1,382,400,000 | 1,417,600,000 | 1,452,800,000 | 1,488,000,000 | 1,735,000,000 | 1,854,400,000 | 1,897,300,000 | 1,940,200,000 | 1,983,200,000 | 2,029,600,000 | 2,074,300,000 | 2,120,100,000 | 2,165,800,000 | 2,214,800,000 | 2,264,700,000 | 2,238,800,000 | 1,654,000,000 | 1,693,000,000 | 1,726,000,000 | 1,765,100,000 | 1,695,700,000 | 1,735,600,000 | 1,602,400,000 | 607,300,000 | 622,700,000 | 638,100,000 | ||||||||||
long-term assets from risk management activities | 38,500,000 | 35,000,000 | 33,200,000 | 26,200,000 | 34,700,000 | 25,300,000 | 35,300,000 | 16,900,000 | 17,100,000 | 33,300,000 | 17,700,000 | 48,500,000 | 36,200,000 | 24,500,000 | 50,200,000 | 20,500,000 | 7,300,000 | 7,700,000 | 13,400,000 | 6,500,000 | 41,300,000 | 49,300,000 | 79,500,000 | 43,300,000 | 82,200,000 | 35,500,000 | 60,000,000 | 47,400,000 | 23,100,000 | 34,100,000 | 8,400,000 | 21,700,000 | 41,400,000 | 23,200,000 | 13,700,000 | 17,300,000 | 21,600,000 | 5,100,000 | 12,400,000 | 13,600,000 | 25,200,000 | 45,400,000 | 40,300,000 | 51,200,000 | 1,700,000 | 1,600,000 | 2,900,000 | 3,900,000 | 5,600,000 | 3,200,000 | 5,100,000 | 11,100,000 | 21,300,000 | 9,000,000 | 10,900,000 | 13,200,000 | 14,900,000 |
investments in unconsolidated affiliates | 315,000,000 | 307,100,000 | 315,900,000 | 268,600,000 | 217,600,000 | 193,300,000 | 177,300,000 | 159,800,000 | 152,200,000 | 146,300,000 | 138,300,000 | 131,800,000 | 134,700,000 | 131,300,000 | 136,400,000 | 137,100,000 | 579,800,000 | 586,500,000 | 674,600,000 | 685,200,000 | 695,700,000 | 714,000,000 | 718,800,000 | 724,300,000 | 736,800,000 | 738,700,000 | 718,500,000 | 676,700,000 | 605,900,000 | 490,500,000 | 441,500,000 | 363,900,000 | 313,400,000 | 221,600,000 | 222,100,000 | 218,400,000 | 227,000,000 | 240,800,000 | 246,900,000 | 250,200,000 | 254,900,000 | 264,200,000 | 258,000,000 | 322,900,000 | |||||||||||||
other long-term assets | 343,500,000 | 327,400,000 | 203,100,000 | 176,100,000 | 170,300,000 | 179,100,000 | 167,100,000 | 165,700,000 | 163,700,000 | 140,600,000 | 114,200,000 | 119,700,000 | 107,200,000 | 98,400,000 | 149,900,000 | 95,500,000 | 88,000,000 | 81,700,000 | 84,800,000 | 88,700,000 | 92,300,000 | 96,100,000 | 99,000,000 | 102,600,000 | 93,700,000 | 53,900,000 | 66,100,000 | 69,500,000 | 69,000,000 | 36,500,000 | 25,700,000 | 26,800,000 | 19,800,000 | 21,500,000 | 21,500,000 | 19,700,000 | 21,900,000 | 63,500,000 | 53,400,000 | 58,100,000 | 60,500,000 | 110,200,000 | 113,300,000 | 119,700,000 | 84,400,000 | 88,800,000 | 86,300,000 | 91,500,000 | 95,500,000 | 92,800,000 | 94,700,000 | 91,800,000 | 95,100,000 | 98,500,000 | 97,300,000 | 121,300,000 | 125,100,000 |
total assets | 27,107,300,000 | 25,218,400,000 | 24,174,800,000 | 23,512,800,000 | 22,800,300,000 | 22,734,100,000 | 21,903,800,000 | 21,264,200,000 | 20,846,100,000 | 20,671,800,000 | 20,189,600,000 | 19,461,800,000 | 19,025,500,000 | 19,560,000,000 | 19,389,900,000 | 15,334,300,000 | 15,295,400,000 | 15,208,200,000 | 15,972,700,000 | 15,411,800,000 | 15,648,400,000 | 15,875,700,000 | 16,052,100,000 | 15,965,400,000 | 16,026,800,000 | 18,815,100,000 | 18,918,500,000 | 18,318,200,000 | 17,569,200,000 | 16,938,200,000 | 16,569,100,000 | 15,596,100,000 | 14,753,200,000 | 14,388,600,000 | 13,998,300,000 | 13,918,400,000 | 13,653,800,000 | 12,871,200,000 | 13,055,600,000 | 13,000,100,000 | 12,949,200,000 | 13,418,200,000 | 13,352,900,000 | 13,625,300,000 | 6,491,900,000 | 6,328,400,000 | 6,055,200,000 | 5,725,300,000 | 5,407,100,000 | 5,148,500,000 | 5,105,000,000 | 3,881,500,000 | 3,780,500,000 | 3,698,400,000 | 3,831,000,000 | 3,501,300,000 | 3,322,400,000 |
liabilities and owners’ equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current liabilities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable | 1,987,900,000 | 1,873,000,000 | 1,584,400,000 | 1,726,700,000 | 1,889,800,000 | 2,012,500,000 | 1,467,900,000 | 1,686,800,000 | 1,709,500,000 | 1,574,900,000 | 1,581,300,000 | 1,173,300,000 | 1,255,300,000 | 1,448,800,000 | 1,806,400,000 | 1,901,000,000 | 1,803,500,000 | 1,402,300,000 | 1,652,300,000 | 1,034,500,000 | 947,700,000 | 833,800,000 | 617,700,000 | 607,700,000 | 345,400,000 | 326,400,000 | 191,200,000 | ||||||||||||||||||||||||||||||
accrued liabilities | 193,200,000 | 358,600,000 | 281,100,000 | 214,000,000 | 163,700,000 | 336,000,000 | 320,700,000 | 243,000,000 | 295,900,000 | 281,700,000 | 292,000,000 | 283,000,000 | 188,600,000 | 273,300,000 | 293,700,000 | 255,200,000 | 202,500,000 | 272,200,000 | 240,200,000 | 178,900,000 | 204,000,000 | 186,400,000 | 69,500,000 | 134,800,000 | 354,600,000 | 319,400,000 | 292,700,000 | ||||||||||||||||||||||||||||||
interest payable | 149,800,000 | 311,000,000 | 152,200,000 | 313,200,000 | 121,500,000 | 269,100,000 | 113,200,000 | 247,900,000 | 186,200,000 | 229,600,000 | 101,000,000 | 227,200,000 | 127,100,000 | 174,000,000 | 100,900,000 | 131,800,000 | 74,500,000 | 138,500,000 | 79,900,000 | 137,100,000 | 86,800,000 | 132,600,000 | 95,300,000 | 144,900,000 | |||||||||||||||||||||||||||||||||
liabilities from risk management activities | 368,100,000 | 234,100,000 | 240,200,000 | 154,600,000 | 362,700,000 | 167,300,000 | 72,200,000 | 111,700,000 | 76,800,000 | 54,000,000 | 105,800,000 | 51,100,000 | 156,600,000 | 320,100,000 | 401,000,000 | 425,500,000 | 499,800,000 | 258,200,000 | 472,300,000 | 292,000,000 | 151,200,000 | 142,600,000 | 121,100,000 | 80,500,000 | 41,800,000 | 104,100,000 | 83,500,000 | 50,900,000 | 43,300,000 | 33,600,000 | 176,300,000 | 103,200,000 | 53,600,000 | 79,700,000 | 80,900,000 | 9,500,000 | 22,200,000 | 49,100,000 | 13,000,000 | 14,900,000 | 2,000,000 | 4,300,000 | 1,900,000 | 600,000 | 3,600,000 | 12,500,000 | 12,900,000 | 5,500,000 | 3,800,000 | 8,200,000 | 7,400,000 | 6,000,000 | 2,800,000 | 28,300,000 | 41,100,000 | 56,900,000 | 56,100,000 |
current debt obligations | 696,900,000 | 770,100,000 | 689,300,000 | 768,200,000 | 660,400,000 | 387,700,000 | 653,300,000 | 601,200,000 | 546,100,000 | 620,700,000 | 602,000,000 | 586,000,000 | 739,000,000 | 834,300,000 | 766,500,000 | 414,600,000 | 283,800,000 | 162,800,000 | 352,600,000 | 371,700,000 | 282,000,000 | 368,600,000 | 261,900,000 | 261,900,000 | 280,600,000 | 382,200,000 | 258,000,000 | 309,300,000 | 318,100,000 | 1,027,900,000 | 290,000,000 | 180,000,000 | 300,000,000 | 350,000,000 | 528,400,000 | 500,100,000 | |||||||||||||||||||||
total current liabilities | 3,395,900,000 | 3,546,800,000 | 2,947,200,000 | 3,176,700,000 | 3,198,100,000 | 3,172,600,000 | 2,627,300,000 | 2,890,600,000 | 2,814,500,000 | 2,760,900,000 | 2,682,100,000 | 2,320,600,000 | 2,466,600,000 | 3,066,700,000 | 3,393,700,000 | 3,153,400,000 | 2,910,400,000 | 2,298,500,000 | 2,868,300,000 | 2,102,100,000 | 1,765,000,000 | 1,779,400,000 | 1,380,900,000 | 1,319,700,000 | 1,196,000,000 | 1,872,600,000 | 1,669,300,000 | 1,658,000,000 | 2,041,600,000 | 2,798,800,000 | 2,556,400,000 | 1,953,300,000 | 1,384,300,000 | 1,616,600,000 | 1,633,300,000 | 1,395,600,000 | 1,424,300,000 | 1,167,600,000 | 948,800,000 | 937,600,000 | 693,000,000 | 862,200,000 | 847,000,000 | 982,900,000 | 802,700,000 | 818,900,000 | 758,400,000 | 687,100,000 | 608,600,000 | 633,100,000 | 686,600,000 | 526,300,000 | 487,800,000 | 569,300,000 | 741,100,000 | 702,700,000 | 540,000,000 |
long-term debt | 18,434,900,000 | 16,662,400,000 | 16,742,000,000 | 16,082,300,000 | 15,548,300,000 | 13,786,900,000 | 13,601,400,000 | 12,965,800,000 | 12,509,900,000 | 12,333,200,000 | 12,318,400,000 | 11,812,800,000 | 11,439,600,000 | 10,702,100,000 | 10,431,300,000 | 7,046,200,000 | 6,964,900,000 | 6,434,400,000 | 6,434,100,000 | 6,603,800,000 | 7,090,700,000 | 7,387,100,000 | 7,652,200,000 | 7,579,600,000 | 7,639,800,000 | 7,440,200,000 | 7,279,700,000 | 6,639,000,000 | 7,118,500,000 | 5,632,400,000 | 5,678,900,000 | 5,392,500,000 | 5,064,200,000 | 4,703,000,000 | 4,368,600,000 | 3,937,500,000 | 4,213,300,000 | 4,606,000,000 | 4,725,900,000 | 4,778,300,000 | 4,921,200,000 | 5,938,800,000 | 5,796,100,000 | 5,838,200,000 | 3,137,200,000 | 3,048,200,000 | 2,891,700,000 | 2,867,900,000 | 2,728,000,000 | 2,522,400,000 | 2,475,300,000 | 1,751,000,000 | 1,610,300,000 | 1,469,700,000 | 1,567,000,000 | 1,265,800,000 | 1,268,400,000 |
long-term liabilities from risk management activities | 112,800,000 | 22,500,000 | 34,200,000 | 72,700,000 | 194,400,000 | 92,000,000 | 82,900,000 | 65,600,000 | 39,800,000 | 16,800,000 | 34,800,000 | 24,100,000 | 62,400,000 | 140,100,000 | 165,100,000 | 232,300,000 | 267,200,000 | 109,300,000 | 151,200,000 | 140,500,000 | 63,600,000 | 43,400,000 | 62,900,000 | 52,900,000 | 30,200,000 | 40,800,000 | 46,100,000 | 2,700,000 | 9,400,000 | 3,100,000 | 67,500,000 | 35,500,000 | 18,100,000 | 19,600,000 | 14,900,000 | 5,500,000 | 7,900,000 | 26,100,000 | 17,600,000 | 19,700,000 | 7,900,000 | 4,000,000 | 5,300,000 | 1,800,000 | 1,200,000 | 2,500,000 | 1,200,000 | 1,600,000 | 1,800,000 | 5,000,000 | 4,800,000 | 7,200,000 | 4,100,000 | 13,900,000 | 15,800,000 | 44,500,000 | 55,500,000 |
deferred income taxes | 1,479,200,000 | 1,393,500,000 | 1,226,000,000 | 1,079,400,000 | 902,200,000 | 872,100,000 | 793,700,000 | 684,500,000 | 600,200,000 | 535,800,000 | 418,300,000 | 405,100,000 | 298,300,000 | 327,700,000 | 301,400,000 | 213,400,000 | 88,000,000 | 136,000,000 | 78,700,000 | 124,100,000 | 161,300,000 | 152,100,000 | 131,100,000 | 134,600,000 | 204,400,000 | 434,200,000 | 527,700,000 | 512,700,000 | 507,600,000 | 525,200,000 | 487,500,000 | 519,200,000 | 509,600,000 | 479,000,000 | 728,500,000 | 852,900,000 | 951,600,000 | 941,200,000 | 1,141,700,000 | 1,083,000,000 | 1,117,000,000 | 33,500,000 | 31,800,000 | 47,600,000 | 500,000 | 4,000,000 | 4,300,000 | 2,000,000 | 7,400,000 | 3,800,000 | 200,000 | 11,100,000 | 21,400,000 | 4,900,000 | 100,000 | 13,800,000 | 14,600,000 |
other long-term liabilities | 415,500,000 | 395,000,000 | 391,600,000 | 390,300,000 | 384,600,000 | 392,300,000 | 340,000,000 | 308,700,000 | 304,100,000 | 415,100,000 | 358,200,000 | 359,000,000 | 346,400,000 | 341,200,000 | 367,000,000 | 288,100,000 | 297,900,000 | 301,600,000 | 290,800,000 | 295,100,000 | 295,700,000 | 309,100,000 | 307,000,000 | 312,500,000 | 296,100,000 | 305,600,000 | 305,700,000 | 305,000,000 | 301,200,000 | 262,200,000 | 270,600,000 | 214,800,000 | 589,100,000 | 597,900,000 | 497,800,000 | 588,400,000 | 688,900,000 | 215,100,000 | 159,100,000 | 164,500,000 | 155,800,000 | 76,500,000 | 78,800,000 | 80,200,000 | 65,500,000 | 73,100,000 | 66,100,000 | 58,000,000 | 62,400,000 | 57,600,000 | 53,700,000 | 53,400,000 | 62,700,000 | 62,200,000 | 55,900,000 | 64,400,000 | 57,300,000 |
contingencies | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
owners’ equity: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
targa resources corp. stockholders’ equity: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | 100,000 | 100,000 | 100,000 | |||||||||||||
issued outstanding | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
march 31, 2026 243,245,513 214,729,502 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
december 31, 2025 242,770,213 214,662,156 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
additional paid-in capital | 3,111,300,000 | 3,088,100,000 | 3,070,800,000 | 3,053,300,000 | 3,036,200,000 | 3,089,100,000 | 3,106,200,000 | 3,088,500,000 | 3,073,400,000 | 3,058,800,000 | 3,061,500,000 | 3,045,800,000 | 3,146,000,000 | 3,702,300,000 | 3,767,800,000 | 3,834,400,000 | 4,125,800,000 | 4,268,900,000 | 4,299,700,000 | 4,330,800,000 | 4,361,500,000 | 4,839,900,000 | 4,911,700,000 | 4,949,100,000 | 4,991,700,000 | 5,221,200,000 | 5,457,200,000 | 5,687,800,000 | 5,925,700,000 | 6,154,900,000 | 6,270,500,000 | 6,233,700,000 | 6,141,200,000 | 6,302,800,000 | 6,434,900,000 | 6,666,400,000 | 5,986,000,000 | 5,506,200,000 | 5,377,700,000 | 5,371,300,000 | 5,321,500,000 | 1,492,400,000 | 1,524,600,000 | 1,532,600,000 | 153,800,000 | 149,800,000 | 149,200,000 | 147,600,000 | 131,600,000 | 173,400,000 | 184,400,000 | 172,000,000 | 186,800,000 | 200,800,000 | 229,500,000 | 257,200,000 | 267,400,000 |
retained earnings | 2,556,900,000 | 2,294,400,000 | 1,966,200,000 | 1,705,400,000 | 1,295,300,000 | 1,190,000,000 | 1,004,700,000 | 783,900,000 | 654,100,000 | 492,000,000 | 305,500,000 | 199,500,000 | -129,800,000 | -626,800,000 | -944,800,000 | -1,137,900,000 | -1,734,300,000 | -1,822,300,000 | -1,508,700,000 | -1,690,900,000 | -1,747,100,000 | -1,893,500,000 | -1,927,100,000 | -1,996,400,000 | -2,077,400,000 | -339,600,000 | -226,800,000 | -179,500,000 | -169,300,000 | -130,400,000 | -23,800,000 | 60,000,000 | -49,100,000 | -77,200,000 | -360,500,000 | -192,900,000 | -250,500,000 | -187,300,000 | -36,600,000 | -25,900,000 | -2,700,000 | 12,600,000 | 15,400,000 | 3,100,000 | 30,800,000 | 26,500,000 | 19,600,000 | 12,600,000 | |||||||||
accumulated other comprehensive income | -14,700,000 | 113,800,000 | 57,400,000 | 43,200,000 | 6,100,000 | 27,500,000 | 65,100,000 | 11,400,000 | 33,900,000 | 85,600,000 | -5,300,000 | 130,800,000 | 84,800,000 | 54,700,000 | -6,700,000 | -276,400,000 | -418,400,000 | -230,900,000 | -442,100,000 | -294,400,000 | -158,400,000 | -141,800,000 | -90,800,000 | 21,600,000 | 168,400,000 | 92,500,000 | 140,900,000 | 83,000,000 | 48,900,000 | 94,300,000 | -125,900,000 | -37,900,000 | 34,400,000 | -29,900,000 | -43,500,000 | 21,500,000 | 6,500,000 | -38,300,000 | -2,700,000 | -5,700,000 | 43,000,000 | 5,200,000 | 3,500,000 | 5,300,000 | 300,000 | -900,000 | 300,000 | 1,700,000 | 100,000 | 1,200,000 | 2,200,000 | 6,000,000 | -1,300,000 | -4,200,000 | -4,400,000 | ||
treasury stock | -2,517,200,000 | -2,428,600,000 | -2,387,800,000 | -2,214,000,000 | -1,886,300,000 | -1,714,400,000 | -1,602,300,000 | -1,416,500,000 | -1,057,700,000 | -896,900,000 | -855,800,000 | -701,100,000 | -550,500,000 | -464,700,000 | -432,000,000 | -350,400,000 | -276,300,000 | -204,100,000 | -164,000,000 | -159,500,000 | -159,500,000 | -150,900,000 | -59,000,000 | -56,900,000 | -56,600,000 | -53,500,000 | -53,100,000 | -49,200,000 | -49,200,000 | -39,600,000 | -39,600,000 | -38,200,000 | -36,000,000 | -35,600,000 | -35,300,000 | -34,300,000 | -32,700,000 | -32,200,000 | -31,800,000 | -29,100,000 | -28,900,000 | -28,500,000 | -27,500,000 | -27,000,000 | -25,400,000 | -23,600,000 | -23,600,000 | -9,500,000 | -9,500,000 | -9,500,000 | -9,500,000 | ||||||
total targa resources corp. stockholders’ equity | 3,136,500,000 | 3,067,900,000 | 2,706,800,000 | 2,588,100,000 | 2,451,500,000 | 2,592,400,000 | 2,573,900,000 | 2,467,500,000 | 2,703,900,000 | 2,739,700,000 | 2,506,100,000 | 2,675,200,000 | |||||||||||||||||||||||||||||||||||||||||||||
noncontrolling interests | 132,500,000 | 130,300,000 | 127,000,000 | 123,300,000 | 121,200,000 | 1,825,800,000 | 1,884,600,000 | 1,881,500,000 | 1,873,700,000 | 1,870,300,000 | 1,871,700,000 | 1,865,000,000 | 1,861,500,000 | 2,316,500,000 | 2,346,900,000 | 2,331,000,000 | 2,320,300,000 | 3,166,900,000 | 3,214,800,000 | 3,210,300,000 | 3,225,700,000 | 3,249,300,000 | 3,376,500,000 | 3,351,500,000 | 3,346,200,000 | 3,522,100,000 | 3,501,500,000 | 3,396,800,000 | 1,581,000,000 | ||||||||||||||||||||||||||||
total owners’ equity | 3,269,000,000 | 3,198,200,000 | 2,833,800,000 | 2,711,400,000 | 2,572,700,000 | 4,418,200,000 | 4,458,500,000 | 4,349,000,000 | 4,577,600,000 | 4,610,000,000 | 4,377,800,000 | 4,540,200,000 | |||||||||||||||||||||||||||||||||||||||||||||
total liabilities and owners’ equity | 27,107,300,000 | 25,218,400,000 | 24,174,800,000 | 23,512,800,000 | 22,800,300,000 | 22,734,100,000 | 21,903,800,000 | 21,264,200,000 | 20,846,100,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
commitments and contingencies | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
december 31, 2024 241,764,105 217,763,821 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
september 30, 2025 242,702,869 214,843,087 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
june 30, 2025 242,332,690 215,509,429 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
march 31, 2025 242,328,035 217,461,060 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
december 31, 2023 240,095,699 222,611,259 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
september 30, 2024 241,697,875 218,328,522 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
june 30, 2024 241,267,840 219,170,473 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
march 31, 2024 241,259,940 222,150,320 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities, series a preferred stock and owners’ equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series a preferred 9.5% stock, 1,000 per share liquidation preference (1,200,000 shares authorized, zero shares issued and outstanding as of december 31, 2023 and december 31, 2022), net of discount | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
december 31, 2022 237,939,058 226,042,229 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities, series a preferred stock and owners’ equity | 20,671,800,000 | 20,189,600,000 | 19,461,800,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
series a preferred 9.5% stock, 1,000 per share liquidation preference (1,200,000 shares authorized, zero shares issued and outstanding as of september 30, 2023 and december 31, 2022), net of discount | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
september 30, 2023 240,087,974 223,080,697 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series a preferred 9.5% stock, 1,000 per share liquidation preference (1,200,000 shares authorized, zero shares issued and outstanding as of june 30, 2023 and december 31, 2022), net of discount | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
june 30, 2023 239,212,098 224,052,233 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities, series a preferred stock and owners' equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series a preferred 9.5% stock, 1,000 per share liquidation preference (1,200,000 shares authorized, zero shares issued and outstanding as of march 31, 2023 and december 31, 2022), net of discount | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
owners' equity: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
targa resources corp. stockholders' equity: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
march 31, 2023 239,205,818 226,135,558 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total targa resources corp. stockholders' equity | 2,550,700,000 | 2,665,700,000 | 2,384,500,000 | 2,069,900,000 | 1,697,000,000 | 2,011,800,000 | 2,185,100,000 | 2,186,200,000 | 2,296,700,000 | 2,653,900,000 | 2,835,000,000 | 2,917,600,000 | 3,026,300,000 | 4,920,800,000 | 5,318,400,000 | 5,542,300,000 | 5,756,300,000 | 6,079,400,000 | 6,081,400,000 | 6,217,800,000 | 6,090,700,000 | 6,160,300,000 | 5,995,800,000 | 6,460,900,000 | 5,689,900,000 | 5,248,600,000 | 5,306,800,000 | 5,274,800,000 | 5,333,100,000 | 1,481,800,000 | 1,516,100,000 | 1,514,100,000 | 159,500,000 | 151,800,000 | 144,400,000 | 151,000,000 | 120,100,000 | 145,400,000 | 144,100,000 | 131,000,000 | 140,900,000 | 140,300,000 | 158,100,000 | 169,500,000 | 169,000,000 | ||||||||||||
total owners' equity | 4,412,200,000 | 4,982,200,000 | 4,731,400,000 | 4,400,900,000 | 4,017,300,000 | 5,178,700,000 | 5,399,900,000 | 5,396,500,000 | 5,522,400,000 | 5,903,200,000 | 6,211,500,000 | 6,269,100,000 | 6,372,500,000 | 8,442,900,000 | 8,819,900,000 | 8,939,100,000 | 7,337,300,000 | 7,470,800,000 | 7,270,200,000 | 7,250,200,000 | 6,964,400,000 | 6,756,000,000 | 6,545,400,000 | 6,935,200,000 | 6,170,900,000 | 5,724,400,000 | 5,876,900,000 | 5,837,100,000 | 5,880,700,000 | 6,379,900,000 | 6,492,200,000 | 6,594,400,000 | 2,349,800,000 | 2,243,000,000 | 2,199,000,000 | 1,974,600,000 | 1,881,300,000 | 1,803,200,000 | 1,753,400,000 | 1,427,300,000 | 1,508,300,000 | 1,465,300,000 | 1,330,700,000 | 1,304,000,000 | 1,281,600,000 | ||||||||||||
total liabilities, series a preferred stock and owners' equity | 19,025,500,000 | 19,560,000,000 | 19,389,900,000 | 15,334,300,000 | 15,295,400,000 | 15,208,200,000 | 15,972,700,000 | 15,411,800,000 | 15,648,400,000 | 15,875,700,000 | 16,052,100,000 | 15,965,400,000 | 16,026,800,000 | 18,815,100,000 | 18,918,500,000 | 18,318,200,000 | 17,569,200,000 | 16,938,200,000 | 16,569,100,000 | 15,596,100,000 | 14,753,200,000 | 14,388,600,000 | 13,998,300,000 | 13,918,400,000 | 13,653,800,000 | 12,871,200,000 | 13,055,600,000 | 13,000,100,000 | |||||||||||||||||||||||||||||
distributions payable | 16,200,000 | 25,200,000 | 25,300,000 | 46,300,000 | 64,500,000 | 71,000,000 | 87,900,000 | 93,300,000 | 115,400,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
series a preferred 9.5% stock, 1,000 per share liquidation preference | 749,700,000 | 749,700,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
december 31, 2021 236,105,293 228,221,122 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
september 30, 2022 237,684,682 226,257,924 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
june 30, 2022 237,204,119 227,062,130 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
march 31, 2022 237,199,124 228,180,573 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
december 31, 2020 234,792,888 228,061,853 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series a preferred 9.5% stock, 1,000 per share liquidation preference, | 749,700,000 | 749,700,000 | 749,700,000 | 301,400,000 | 306,500,000 | 297,000,000 | 287,800,000 | 278,800,000 | 270,100,000 | 261,700,000 | 253,600,000 | 245,700,000 | 238,000,000 | 230,600,000 | 223,500,000 | 216,500,000 | 209,800,000 | 203,300,000 | 196,900,000 | 190,800,000 | 185,600,000 | 179,900,000 | |||||||||||||||||||||||||||||||||||
september 30, 2021 236,086,963 228,962,972 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
june 30, 2021 235,671,273 228,655,274 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
march 31, 2021 235,670,430 228,654,590 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
held for sale assets | 62,200,000 | 137,700,000 | 165,700,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
held for sale liabilities | 3,600,000 | 6,400,000 | 1,700,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
december 31, 2019 233,852,810 232,843,526 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deposits | 110,100,000 | 95,200,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends payable | 125,900,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accrued taxes | 85,900,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
september 30, 2020 234,745,594 233,517,921 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
distributions payable to noncontrolling interests | 89,900,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
june 30, 2020 234,293,105 233,177,028 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable and accrued liabilities | 873,600,000 | 1,379,900,000 | 1,327,800,000 | 1,297,800,000 | 1,680,200,000 | 1,737,300,000 | 2,088,400,000 | 1,670,100,000 | 1,030,700,000 | 1,186,900,000 | 1,024,000,000 | 886,000,000 | 867,200,000 | 843,500,000 | 710,800,000 | 697,700,000 | 541,000,000 | 688,900,000 | 689,100,000 | 736,800,000 | 798,600,000 | 806,400,000 | 745,500,000 | 679,600,000 | 597,400,000 | 621,100,000 | 679,000,000 | 509,200,000 | 463,600,000 | 536,100,000 | |||||||||||||||||||||||||||
march 31, 2020 234,201,659 233,110,061 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated depreciation and amortization | -5,328,300,000 | -4,899,100,000 | -4,679,900,000 | -4,485,900,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
goodwill | 45,200,000 | 46,600,000 | 46,600,000 | 46,600,000 | 46,600,000 | 256,600,000 | 256,600,000 | 256,600,000 | 256,600,000 | 256,600,000 | 256,600,000 | 369,000,000 | 210,000,000 | 393,000,000 | 393,000,000 | 551,400,000 | 557,900,000 | 628,500,000 | |||||||||||||||||||||||||||||||||||||||
december 31, 2018 232,964,765 231,790,530 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
september 30, 2019 233,783,495 232,782,846 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
december 31, 2018 232,456,283 231,790,530 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
june 30, 2019 233,371,916 232,476,114 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
march 31, 2019 233,370,416 232,475,006 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated depreciation | -4,292,300,000 | -4,140,600,000 | -4,029,700,000 | -3,927,200,000 | -3,775,400,000 | -3,623,200,000 | -3,086,800,000 | -2,993,600,000 | -2,827,700,000 | -2,674,300,000 | -2,526,900,000 | -2,380,000,000 | -2,048,200,000 | -1,917,700,000 | -1,791,600,000 | -1,614,000,000 | -1,541,800,000 | -1,472,600,000 | -1,344,600,000 | -1,283,400,000 | -1,227,200,000 | -1,170,000,000 | -1,135,200,000 | -1,096,400,000 | -1,048,200,000 | -1,001,600,000 | -910,900,000 | -865,800,000 | |||||||||||||||||||||||||||||
december 31, 2017 218,152,620 217,566,980 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
noncontrolling interests in subsidiaries | 1,391,400,000 | 1,188,800,000 | 1,032,400,000 | 873,700,000 | 595,700,000 | 549,600,000 | 474,300,000 | 481,000,000 | 475,800,000 | 570,100,000 | 562,300,000 | 547,600,000 | 4,898,100,000 | 4,976,100,000 | 5,080,300,000 | 2,190,300,000 | 2,091,200,000 | 2,054,600,000 | 1,823,600,000 | 1,761,200,000 | 1,657,800,000 | 1,609,300,000 | 1,296,300,000 | 1,367,400,000 | 1,325,000,000 | 1,172,600,000 | 1,134,500,000 | 1,112,600,000 | |||||||||||||||||||||||||||||
september 30, 2018 229,948,848 229,283,124 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
june 30, 2018 226,127,081 225,487,048 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
march 31, 2018 219,426,286 218,832,135 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income tax receivable | 4,600,000 | 2,000,000 | 70,600,000 | 67,800,000 | 78,500,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
december 31, 2016 185,234,405 184,720,525 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
september 30, 2017 216,214,005 215,632,641 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
june 30, 2017 216,134,254 215,575,687 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current maturities of debt | 534,900,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
march 31, 2017 197,162,557 196,639,858 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
receivables from common stock issuances | -19,600,000 | -36,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable securitization facility | 275,000,000 | 225,000,000 | 225,000,000 | 150,000,000 | 135,500,000 | 124,200,000 | 197,900,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
december 31, 2015 56,446,573 56,020,266 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
september 30, 2016 173,700,369 173,193,354 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
june 30, 2016 166,302,062 165,822,818 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
goodwill, net of impairment provisions | 393,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities, preferred series a stock and owners' equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred series a 9.5% stock, 1,000 per share liquidation preference, | 173,600,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
march 31, 2016 161,016,476 160,580,627 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities, preferred series a stock and owners' equity | 12,949,200,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities and owners' equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
september 30, 2015 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
december 31, 2014 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities and owners' equity | 13,418,200,000 | 13,352,900,000 | 13,625,300,000 | 6,491,900,000 | 6,328,400,000 | 6,055,200,000 | 5,725,300,000 | 5,407,100,000 | 5,148,500,000 | 5,105,000,000 | 3,881,500,000 | 3,780,500,000 | 3,698,400,000 | 3,831,000,000 | 3,501,300,000 | 3,322,400,000 | |||||||||||||||||||||||||||||||||||||||||
june 30, 2015 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
march 31, 2015 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment in unconsolidated affiliate | 51,700,000 | 52,300,000 | 53,700,000 | 51,200,000 | 57,600,000 | 54,800,000 | 53,100,000 | 51,000,000 | 50,100,000 | 42,700,000 | 36,800,000 | ||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive loss | -800,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other intangible assets | 660,300,000 | 667,100,000 | 674,100,000 | 680,800,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated deficit | -3,700,000 | -18,600,000 | -32,000,000 | -43,200,000 | -51,900,000 | -60,500,000 | -70,100,000 | -83,500,000 | -94,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
inventory | 84,400,000 | 89,700,000 | 45,500,000 | 92,200,000 | 69,900,000 | 5,200,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
see notes to consolidated financial statements. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
see notes to consolidated financial statements | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
property, plant and equipment, at cost | 3,498,300,000 | 3,409,500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
(0.001 par value... | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued and outstanding at march 31, 2011 and december 31, 2010) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
at march 31,2011 and december 31, 2010) |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-12-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | 2011-12-31 | 2011-09-30 | 2011-06-30 | 2011-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
cash flows from operating activities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income | 487,400,000 | 553,100,000 | 486,600,000 | 637,200,000 | 279,800,000 | 414,000,000 | 447,900,000 | 359,000,000 | 332,600,000 | 357,600,000 | 279,000,000 | 387,500,000 | 555,200,000 | 395,900,000 | 279,300,000 | 687,600,000 | 168,600,000 | -249,200,000 | 288,000,000 | 155,400,000 | 227,900,000 | 146,000,000 | 172,200,000 | 177,100,000 | -1,820,300,000 | -15,100,000 | 32,100,000 | 48,900,000 | -24,700,000 | -88,200,000 | -11,400,000 | 121,100,000 | 38,900,000 | 299,200,000 | -155,100,000 | 70,600,000 | -110,500,000 | -140,700,000 | -3,200,000 | -14,500,000 | -700,000 | 20,900,000 | 25,100,000 | 34,600,000 | 120,500,000 | 103,300,000 | 106,900,000 | 49,400,000 | 22,400,000 | 33,800,000 | 27,620,300 | 19,100,000 | 43,400,000 | 69,200,000 | 74,824,500 | 36,500,000 | 63,300,000 | 40,800,000 |
adjustments to reconcile net income to net cash from operating activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization in interest expense | 4,900,000 | 4,500,000 | 4,900,000 | 4,000,000 | 3,900,000 | 3,900,000 | 3,700,000 | 3,500,000 | 3,700,000 | 3,400,000 | 3,400,000 | 3,200,000 | 3,200,000 | 3,300,000 | 2,900,000 | 1,900,000 | 2,400,000 | 2,500,000 | 2,500,000 | 2,600,000 | 2,700,000 | 2,600,000 | 2,900,000 | 2,800,000 | 2,800,000 | 2,700,000 | 2,500,000 | 2,500,000 | 2,600,000 | 2,700,000 | 2,500,000 | 2,900,000 | 2,700,000 | 2,700,000 | 2,900,000 | 2,800,000 | 3,100,000 | 2,800,000 | 3,900,000 | 4,000,000 | 4,200,000 | 4,000,000 | 4,000,000 | 3,200,000 | 2,300,000 | 3,300,000 | 3,600,000 | 4,000,000 | 4,000,000 | 4,100,000 | 3,517,000 | 5,200,000 | 4,700,000 | 4,800,000 | 5,812,000 | 1,300,000 | 4,000,000 | 1,900,000 |
compensation on equity grants | 23,200,000 | 17,300,000 | 17,500,000 | 17,100,000 | 17,600,000 | 15,800,000 | 17,700,000 | 15,100,000 | 14,600,000 | 16,700,000 | 15,700,000 | 15,000,000 | 15,000,000 | 15,700,000 | 14,500,000 | 13,800,000 | 13,500,000 | 14,600,000 | 14,700,000 | 14,900,000 | 15,000,000 | 16,700,000 | 16,400,000 | 16,100,000 | 17,000,000 | 11,300,000 | 16,300,000 | 16,200,000 | 16,500,000 | 15,600,000 | 13,800,000 | 13,700,000 | 13,200,000 | 10,600,000 | 10,200,000 | 10,700,000 | 10,800,000 | 7,500,000 | 7,000,000 | 7,200,000 | 8,000,000 | 6,600,000 | 6,500,000 | 5,900,000 | 3,300,000 | 3,300,000 | 4,200,000 | 3,200,000 | 3,000,000 | 3,800,000 | 4,530,000 | 4,200,000 | 4,300,000 | 4,500,000 | 3,810,000 | 3,700,000 | 4,400,000 | 3,300,000 |
depreciation and amortization expense | 426,000,000 | 390,500,000 | 383,500,000 | 373,700,000 | 367,600,000 | 378,500,000 | 355,400,000 | 348,600,000 | 340,500,000 | 341,400,000 | 331,300,000 | 332,100,000 | 324,800,000 | 329,800,000 | 287,200,000 | 269,900,000 | 209,100,000 | 219,700,000 | 222,900,000 | 211,800,000 | 216,200,000 | 217,800,000 | 203,700,000 | 204,500,000 | 239,100,000 | 252,700,000 | 244,300,000 | 237,200,000 | 237,400,000 | 208,800,000 | 206,400,000 | 202,600,000 | 198,100,000 | 206,700,000 | 208,200,000 | 203,500,000 | 191,100,000 | 194,100,000 | 184,000,000 | 186,100,000 | 193,500,000 | 165,800,000 | 162,900,000 | 119,600,000 | 87,700,000 | 85,800,000 | 79,600,000 | 69,000,000 | 65,700,000 | 64,000,000 | 53,319,700 | 48,600,000 | 48,300,000 | 47,400,000 | 46,717,800 | 45,600,000 | 45,300,000 | 43,400,000 |
deferred income tax expense | 123,900,000 | 131,100,000 | 158,800,000 | 169,800,000 | 56,900,000 | 102,900,000 | 93,300,000 | 91,000,000 | 79,800,000 | 97,500,000 | 53,100,000 | 93,000,000 | 106,000,000 | 8,700,000 | 10,600,000 | -9,400,000 | -278,400,000 | -77,900,000 | -3,800,000 | -3,300,000 | -2,900,000 | -32,200,000 | -3,900,000 | 32,700,000 | 8,900,000 | -260,100,000 | -98,100,000 | -107,900,000 | 73,400,000 | -33,900,000 | -8,700,000 | 1,700,000 | 3,100,000 | 23,400,000 | 12,400,000 | 6,100,000 | -1,800,000 | -1,000,000 | -1,400,000 | 6,300,000 | 500,000 | 200,000 | 1,700,000 | 1,300,000 | 1,400,000 | 1,400,000 | 9,900,000 | 700,000 | 300,000 | |||||||||
equity (earnings) loss of unconsolidated affiliates | -8,600,000 | 5,200,000 | -6,400,000 | -5,100,000 | -5,500,000 | -1,500,000 | -2,300,000 | -2,800,000 | -2,800,000 | -2,800,000 | -3,000,000 | -3,400,000 | 200,000 | -400,000 | -1,700,000 | -1,400,000 | -5,600,000 | 62,800,000 | -14,300,000 | -12,800,000 | -11,800,000 | -18,500,000 | -18,600,000 | -14,900,000 | -20,600,000 | -23,100,000 | -10,000,000 | -3,100,000 | -2,800,000 | -900,000 | -3,000,000 | -1,900,000 | -1,500,000 | 400,000 | -200,000 | 4,200,000 | 12,600,000 | 2,900,000 | 2,200,000 | 4,400,000 | 4,800,000 | |||||||||||||||||
distributions of earnings received from unconsolidated affiliates | 1,700,000 | 8,100,000 | 5,200,000 | 5,000,000 | 2,400,000 | 4,600,000 | 4,000,000 | 5,600,000 | 5,600,000 | 3,500,000 | 4,800,000 | 3,400,000 | 1,400,000 | 1,200,000 | 3,700,000 | 1,300,000 | 6,000,000 | 19,500,000 | 22,300,000 | 17,900,000 | 24,300,000 | 21,300,000 | 21,000,000 | 23,400,000 | 21,100,000 | 23,600,000 | 11,600,000 | 9,600,000 | 4,800,000 | 4,800,000 | 6,300,000 | 5,500,000 | 4,200,000 | 4,100,000 | 4,400,000 | 1,300,000 | 2,700,000 | 2,300,000 | ||||||||||||||||||||
risk management activities | 110,300,000 | 500,000 | 36,500,000 | -280,500,000 | 248,800,000 | 78,300,000 | 17,500,000 | 46,800,000 | 22,000,000 | 18,900,000 | 33,400,000 | -152,000,000 | -175,700,000 | 7,500,000 | 112,300,000 | 4,500,000 | 178,200,000 | 60,400,000 | -12,600,000 | 69,700,000 | -1,500,000 | -14,000,000 | -88,300,000 | -10,400,000 | -115,500,000 | 12,000,000 | 100,700,000 | -7,100,000 | 7,200,000 | 200,000 | -800,000 | -19,700,000 | 30,100,000 | 33,200,000 | 3,800,000 | 1,500,000 | 8,500,000 | 27,100,000 | 8,500,000 | -1,200,000 | 4,400,000 | 21,700,000 | 25,000,000 | 6,500,000 | 1,600,000 | -400,000 | -300,000 | -200,000 | 1,950,000 | 600,000 | 200,000 | 900,000 | -20,000,000 | 1,500,000 | -300,000 | |||
other | 15,800,000 | 6,800,000 | 600,000 | 10,100,000 | 3,900,000 | -800,000 | -100,000 | -200,000 | -300,000 | -100,000 | -300,000 | -300,000 | -300,000 | -100,000 | -800,000 | 700,000 | 300,000 | -400,000 | 1,200,000 | -100,000 | 3,600,000 | 400,000 | 2,800,000 | -10,100,000 | -9,000,000 | -3,300,000 | -3,900,000 | -10,400,000 | 5,100,000 | -300,000 | -2,000,000 | -400,000 | 5,600,000 | -100,000 | -1,300,000 | -1,700,000 | 6,500,000 | -7,800,000 | 4,000,000 | 600,000 | 1,700,000 | 14,500,000 | -5,900,000 | -4,600,000 | 2,910,000 | 700,000 | 100,000 | 800,000 | 0 | |||||||||
changes in operating assets and liabilities, net of acquisitions: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
receivables and other assets | -198,000,000 | -87,100,000 | -121,900,000 | 102,700,000 | 217,100,000 | -314,400,000 | -63,500,000 | 263,100,000 | 39,800,000 | -217,800,000 | -315,500,000 | 71,900,000 | 440,800,000 | 140,300,000 | 330,300,000 | -34,700,000 | -216,200,000 | -32,600,000 | -390,900,000 | 73,000,000 | -41,900,000 | -194,300,000 | -72,600,000 | -141,700,000 | 383,000,000 | -123,100,000 | -84,000,000 | 104,200,000 | 78,200,000 | 219,100,000 | -216,500,000 | -113,300,000 | 104,500,000 | -124,900,000 | -231,200,000 | 57,800,000 | 241,200,000 | -141,600,000 | -113,700,000 | -75,100,000 | 94,700,000 | -10,100,000 | 37,800,000 | 93,900,000 | -9,600,000 | -89,000,000 | 57,300,000 | -57,900,000 | -17,500,000 | 95,100,000 | -41,100,000 | 84,400,000 | 119,600,000 | -42,100,000 | ||||
inventories | 96,000,000 | 57,200,000 | -41,300,000 | -184,200,000 | 78,800,000 | 80,700,000 | -107,400,000 | -86,800,000 | 147,000,000 | 170,100,000 | -223,300,000 | -148,300,000 | 237,500,000 | 84,300,000 | -269,300,000 | -107,100,000 | 55,900,000 | 168,600,000 | -254,200,000 | -13,700,000 | 139,900,000 | 88,100,000 | -59,100,000 | -119,000,000 | 62,300,000 | 44,700,000 | -13,000,000 | -16,100,000 | -60,600,000 | 2,700,000 | -25,900,000 | -100,900,000 | 110,200,000 | 63,200,000 | -67,800,000 | -122,300,000 | 53,700,000 | 11,900,000 | -40,200,000 | |||||||||||||||||||
accounts payable, accrued liabilities and other liabilities | -181,900,000 | 259,500,000 | -163,800,000 | -183,200,000 | -169,300,000 | 401,000,000 | -90,600,000 | -205,200,000 | -64,500,000 | 37,600,000 | 350,500,000 | -27,200,000 | -292,700,000 | -527,800,000 | -276,800,000 | 58,100,000 | 363,500,000 | -287,400,000 | 673,000,000 | 44,900,000 | 121,200,000 | 263,700,000 | 110,800,000 | |||||||||||||||||||||||||||||||||||
interest payable | -161,200,000 | 158,800,000 | -161,000,000 | 191,700,000 | -147,600,000 | 155,900,000 | -134,700,000 | 61,700,000 | -43,400,000 | 128,600,000 | -126,200,000 | 100,100,000 | -46,900,000 | 73,100,000 | -30,900,000 | 57,300,000 | -64,000,000 | 58,600,000 | -57,200,000 | 50,300,000 | -45,800,000 | 37,300,000 | -49,600,000 | |||||||||||||||||||||||||||||||||||
net cash from operating activities | 739,500,000 | 1,505,500,000 | 599,200,000 | 858,300,000 | 954,400,000 | 1,327,900,000 | 540,900,000 | 904,500,000 | 876,400,000 | 957,700,000 | 407,300,000 | 676,800,000 | 1,169,800,000 | 537,500,000 | 459,600,000 | 635,500,000 | 748,200,000 | 504,100,000 | 495,200,000 | 623,800,000 | 679,800,000 | 648,800,000 | 356,800,000 | 286,300,000 | 452,600,000 | 470,800,000 | 366,700,000 | 244,700,000 | 307,600,000 | 229,400,000 | 370,900,000 | 189,300,000 | 354,400,000 | 407,600,000 | 67,400,000 | 145,800,000 | 318,700,000 | 276,700,000 | 103,200,000 | 216,200,000 | 241,300,000 | 211,300,000 | 191,600,000 | 292,600,000 | 94,600,000 | 105,800,000 | 318,700,000 | 95,400,000 | -11,300,000 | 174,000,000 | 138,046,500 | 86,200,000 | 65,200,000 | 138,800,000 | 214,740,000 | -56,900,000 | 151,400,000 | 70,100,000 |
capital expenditures | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
free cash flows | 739,500,000 | 1,505,500,000 | 599,200,000 | 858,300,000 | 954,400,000 | 1,327,900,000 | 540,900,000 | 904,500,000 | 876,400,000 | 957,700,000 | 407,300,000 | 676,800,000 | 1,169,800,000 | 537,500,000 | 459,600,000 | 635,500,000 | 748,200,000 | 504,100,000 | 495,200,000 | 623,800,000 | 679,800,000 | 648,800,000 | 356,800,000 | 286,300,000 | 452,600,000 | 470,800,000 | 366,700,000 | 244,700,000 | 307,600,000 | 229,400,000 | 370,900,000 | 189,300,000 | 354,400,000 | 407,600,000 | 67,400,000 | 145,800,000 | 318,700,000 | 276,700,000 | 103,200,000 | 216,200,000 | 241,300,000 | 211,300,000 | 191,600,000 | 292,600,000 | 94,600,000 | 105,800,000 | 318,700,000 | 95,400,000 | -11,300,000 | 174,000,000 | 138,046,500 | 86,200,000 | 65,200,000 | 138,800,000 | 214,740,000 | -56,900,000 | 151,400,000 | 70,100,000 |
cash flows from investing activities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
outlays for property, plant and equipment | -899,500,000 | -963,200,000 | -671,800,000 | -906,100,000 | -792,200,000 | -726,900,000 | -828,800,000 | -740,300,000 | -669,800,000 | -720,000,000 | -591,700,000 | -598,000,000 | -475,700,000 | -518,900,000 | -395,900,000 | -215,100,000 | -204,400,000 | -183,500,000 | -122,700,000 | -102,700,000 | -96,200,000 | -148,500,000 | -187,200,000 | -274,200,000 | -341,700,000 | -443,700,000 | -683,100,000 | -807,700,000 | -943,300,000 | -1,081,200,000 | -871,100,000 | -566,600,000 | -595,900,000 | -430,900,000 | -339,000,000 | -383,400,000 | -144,200,000 | -137,100,000 | -117,300,000 | -117,600,000 | -190,100,000 | -189,100,000 | -248,600,000 | -187,600,000 | -152,100,000 | -221,900,000 | -197,700,000 | -263,700,000 | -241,600,000 | -202,900,000 | -126,400,000 | -135,700,000 | -103,000,000 | -76,100,000 | -81,200,000 | -57,000,000 | ||
outlays for business acquisition, net of cash acquired | -1,261,300,000 | 10,900,000 | 0 | 0 | -90,000,000 | -480,800,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
investments in unconsolidated affiliates | -4,000,000 | -6,200,000 | -48,500,000 | -52,000,000 | -23,800,000 | -23,100,000 | -19,700,000 | -10,700,000 | -9,400,000 | -9,700,000 | -8,700,000 | 0 | -6,200,000 | 0 | 0 | -1,100,000 | -400,000 | 0 | -200,000 | -500,000 | -800,000 | 0 | -1,400,000 | -23,100,000 | -48,900,000 | -77,400,000 | -117,400,000 | -58,300,000 | -81,100,000 | -54,600,000 | -88,000,000 | -2,000,000 | -6,900,000 | -100,000 | -500,000 | |||||||||||||||||||||||
return of capital from unconsolidated affiliates | 3,000,000 | 1,700,000 | 2,400,000 | 1,200,000 | 2,500,000 | 4,100,000 | 400,000 | 300,000 | 700,000 | 1,000,000 | 500,000 | 2,800,000 | 1,200,000 | 4,300,000 | -1,300,000 | 7,000,000 | 6,800,000 | 5,700,000 | 2,800,000 | 5,800,000 | 5,900,000 | 2,500,000 | 3,800,000 | 4,100,000 | 2,800,000 | 2,400,000 | 1,000,000 | 3,300,000 | 200,000 | 500,000 | 1,500,000 | -2,000,000 | -1,000,000 | 700,000 | -500,000 | 500,000 | 3,400,000 | |||||||||||||||||||||
net cash from investing activities | -2,160,900,000 | -1,180,800,000 | -691,100,000 | -956,800,000 | -813,300,000 | -746,300,000 | -847,300,000 | -749,800,000 | -677,900,000 | -727,000,000 | -599,200,000 | -593,800,000 | -480,800,000 | -502,100,000 | -3,896,000,000 | 445,400,000 | -197,000,000 | -173,600,000 | -113,700,000 | -95,900,000 | -90,000,000 | -84,100,000 | -181,900,000 | -270,200,000 | -201,900,000 | -451,900,000 | -657,600,000 | -893,200,000 | -1,069,200,000 | -954,100,000 | -955,900,000 | -559,600,000 | -677,300,000 | -435,200,000 | -348,900,000 | -483,100,000 | -625,500,000 | -136,600,000 | -116,800,000 | -117,200,000 | -188,000,000 | -196,400,000 | -219,000,000 | -1,792,800,000 | -147,500,000 | -220,000,000 | -193,700,000 | -282,600,000 | -247,500,000 | -207,500,000 | -152,700,000 | -143,000,000 | -108,100,000 | -217,500,000 | -82,200,000 | -90,400,000 | ||
cash flows from financing activities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
debt obligations: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from borrowings of commercial paper notes | 31,824,000,000 | 22,475,000,000 | 40,424,400,000 | 21,224,200,000 | 25,432,000,000 | 25,779,500,000 | 23,174,000,000 | 22,452,000,000 | 14,025,000,000 | 11,925,000,000 | 18,095,000,000 | 14,456,000,000 | 14,526,800,000 | 21,919,500,000 | ||||||||||||||||||||||||||||||||||||||||||||
repayments of commercial paper notes | -31,528,000,000 | -23,609,000,000 | -39,796,400,000 | -21,477,200,000 | -25,642,500,000 | -25,600,000,000 | -23,526,000,000 | -21,509,000,000 | -13,840,000,000 | -12,900,000,000 | -17,605,000,000 | -14,101,000,000 | -15,230,500,000 | -21,542,800,000 | ||||||||||||||||||||||||||||||||||||||||||||
proceeds from borrowings under accounts receivable securitization facility | 1,200,000,000 | 0 | 600,000,000 | 0 | 870,000,000 | 0 | 650,000,000 | 100,000,000 | 25,000,000 | 40,000,000 | 52,100,000 | 50,000,000 | 800,000,000 | 130,000,000 | 250,000,000 | 60,000,000 | 40,000,000 | 180,000,000 | 350,000,000 | 100,000,000 | 250,000,000 | 96,400,000 | 130,000,000 | 174,200,000 | 27,100,000 | 364,900,000 | 378,000,000 | 106,600,000 | 170,000,000 | 385,000,000 | 63,100,000 | 143,500,000 | 75,000,000 | 50,000,000 | ||||||||||||||||||||||||
repayments of accounts receivable securitization facility | -600,000,000 | -600,000,000 | 0 | -600,000,000 | -600,000,000 | -270,000,000 | -600,000,000 | -50,000,000 | -100,000,000 | -25,000,000 | -40,000,000 | -207,100,000 | -96,000,000 | 0 | -450,000,000 | 0 | -130,000,000 | -250,000,000 | -60,000,000 | -90,000,000 | -430,000,000 | 0 | -250,000,000 | -114,500,000 | -231,900,000 | -50,200,000 | -79,400,000 | -374,200,000 | -350,400,000 | -116,600,000 | -60,000,000 | -390,000,000 | -50,000,000 | -313,100,000 | -35,000,000 | -178,500,000 | -65,000,000 | 0 | 0 | -40,700,000 | -75,000,000 | -10,800,000 | -73,700,000 | -238,300,000 | ||||||||||||||
proceeds from issuance of senior unsecured notes | 1,498,400,000 | 1,748,700,000 | 0 | 1,496,800,000 | 1,993,900,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
redemption of senior unsecured notes | -687,100,000 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
principal payments of finance leases | -23,800,000 | -22,700,000 | -23,600,000 | -15,600,000 | -14,600,000 | -13,900,000 | -13,000,000 | -12,400,000 | -10,800,000 | -11,600,000 | -10,600,000 | -11,300,000 | -9,400,000 | -8,900,000 | -4,100,000 | -3,500,000 | -3,200,000 | -3,100,000 | -3,200,000 | -3,100,000 | -3,100,000 | -3,100,000 | -3,100,000 | -3,100,000 | -3,100,000 | -3,000,000 | -3,000,000 | -2,800,000 | -2,700,000 | |||||||||||||||||||||||||||||
costs incurred in connection with financing arrangements | -15,000,000 | -13,800,000 | -2,000,000 | -12,000,000 | -29,300,000 | 0 | -31,100,000 | -900,000 | 0 | -4,100,000 | -1,300,000 | -17,400,000 | -16,100,000 | -10,900,000 | 0 | 0 | -600,000 | -9,000,000 | -300,000 | -9,100,000 | -10,300,000 | 0 | -12,400,000 | -12,800,000 | -1,400,000 | -1,600,000 | -21,300,000 | -400,000 | -8,400,000 | -200,000 | -7,200,000 | -7,700,000 | -25,300,000 | -1,800,000 | -5,800,000 | -38,500,000 | -5,900,000 | 4,000,000 | -41,100,000 | -1,000,000 | -500,000 | -1,200,000 | -1,900,000 | -10,600,000 | -1,100,000 | 0 | -100,000 | -4,400,000 | 0 | 0 | -6,200,000 | |||||||
repurchases of common stock | -55,000,000 | -37,000,000 | -155,600,000 | -324,300,000 | -124,900,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
shares tendered for tax withholding obligations | -33,600,000 | -3,500,000 | -17,100,000 | -200,000 | -46,500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
distributions to noncontrolling interests | -5,600,000 | -4,600,000 | -4,700,000 | -6,300,000 | -17,900,000 | -59,900,000 | -59,400,000 | -60,100,000 | -53,200,000 | -58,600,000 | -63,900,000 | -52,300,000 | -47,300,000 | -64,400,000 | -75,300,000 | -86,300,000 | -90,400,000 | -122,700,000 | -125,800,000 | -122,200,000 | -129,300,000 | -128,600,000 | -104,400,000 | -101,100,000 | -105,100,000 | -92,800,000 | -63,000,000 | -17,300,000 | -18,600,000 | -19,100,000 | -17,800,000 | -17,300,000 | -16,500,000 | -14,700,000 | -12,000,000 | -11,700,000 | -9,700,000 | -9,900,000 | -10,500,000 | -4,200,000 | -2,100,000 | -141,600,000 | -141,700,000 | -85,200,000 | -49,700,000 | -48,700,000 | -43,600,000 | |||||||||||
repurchase of noncontrolling interests | 0 | 0 | -400,000 | -1,800,000,000 | -111,600,000 | 0 | 0 | -1,300,000 | -27,000,000 | 0 | 0 | -1,091,900,000 | 0 | 0 | 0 | -926,300,000 | ||||||||||||||||||||||||||||||||||||||||||
dividends paid to common shareholders | -218,900,000 | -215,800,000 | -216,900,000 | -218,400,000 | -167,200,000 | -166,400,000 | -167,600,000 | -116,600,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from financing activities | 1,355,400,000 | -282,700,000 | 102,900,000 | 60,200,000 | -147,000,000 | -551,500,000 | 267,200,000 | -98,200,000 | -230,300,000 | -228,500,000 | 162,000,000 | -125,400,000 | -696,200,000 | -9,300,000 | 3,475,300,000 | -1,062,800,000 | -573,800,000 | -400,600,000 | -361,900,000 | -567,400,000 | -584,100,000 | -596,900,000 | -96,100,000 | -195,100,000 | -206,600,000 | -14,100,000 | 390,700,000 | 750,100,000 | 654,400,000 | 753,600,000 | 506,600,000 | 432,100,000 | 405,500,000 | 50,700,000 | 296,900,000 | 356,000,000 | 313,300,000 | -207,700,000 | -16,200,000 | -42,600,000 | -79,000,000 | -17,700,000 | -37,600,000 | 1,589,900,000 | 55,800,000 | 95,200,000 | -96,800,000 | 188,000,000 | 229,000,000 | 69,900,000 | 1,004,511,400 | 69,700,000 | 74,100,000 | -55,300,000 | -103,716,000 | 273,800,000 | -62,200,000 | -20,400,000 |
net change in cash and cash equivalents | -66,000,000 | 42,000,000 | 11,000,000 | -38,300,000 | -5,900,000 | 30,100,000 | -39,200,000 | 56,500,000 | -31,800,000 | 2,200,000 | -29,900,000 | -42,400,000 | -7,200,000 | 26,100,000 | 38,900,000 | 18,100,000 | -22,600,000 | -70,100,000 | 19,600,000 | -39,500,000 | 5,700,000 | -32,200,000 | 78,800,000 | -179,000,000 | 44,100,000 | 4,800,000 | 99,800,000 | 101,600,000 | -107,200,000 | 28,900,000 | -78,400,000 | 61,800,000 | 82,600,000 | 23,100,000 | 15,400,000 | 18,700,000 | 6,500,000 | -67,600,000 | -29,800,000 | 56,400,000 | -25,700,000 | -2,800,000 | -65,000,000 | 89,700,000 | 2,900,000 | -19,000,000 | 28,200,000 | 800,000 | -29,800,000 | 36,400,000 | 3,200,000 | -3,700,000 | -24,600,000 | -600,000 | 7,000,000 | -40,700,000 | ||
cash and cash equivalents, beginning of period | 166,100,000 | 0 | 0 | 0 | 157,300,000 | 0 | 0 | 0 | 141,700,000 | 0 | 0 | 0 | 219,000,000 | 0 | 0 | 0 | 158,500,000 | 0 | 0 | 0 | 242,800,000 | 0 | 0 | 0 | 331,100,000 | 0 | 0 | 0 | 232,100,000 | 0 | 0 | 0 | 137,200,000 | 0 | 0 | 0 | 73,500,000 | 0 | 0 | 0 | 140,200,000 | 0 | 0 | 81,000,000 | 0 | 0 | 66,700,000 | 0 | 0 | 76,300,000 | 55,000 | 0 | 0 | 145,800,000 | 76,000 | 0 | 0 | 188,400,000 |
cash and cash equivalents, end of period | 100,100,000 | 42,000,000 | 11,000,000 | -38,300,000 | 151,400,000 | 30,100,000 | -39,200,000 | 56,500,000 | 109,900,000 | 2,200,000 | -29,900,000 | -42,400,000 | 211,800,000 | 26,100,000 | 38,900,000 | 18,100,000 | 135,900,000 | -70,100,000 | 19,600,000 | -39,500,000 | 248,500,000 | -32,200,000 | 78,800,000 | -179,000,000 | 375,200,000 | 4,800,000 | 99,800,000 | 101,600,000 | 124,900,000 | 28,900,000 | -78,400,000 | 61,800,000 | 219,800,000 | 23,100,000 | 15,400,000 | 18,700,000 | 80,000,000 | -67,600,000 | -29,800,000 | 56,400,000 | 114,500,000 | -2,800,000 | -65,000,000 | 170,700,000 | 2,900,000 | -19,000,000 | 94,900,000 | 800,000 | -29,800,000 | 112,700,000 | -44,332,000 | 3,200,000 | -3,700,000 | 121,200,000 | -8,245,000 | -600,000 | 7,000,000 | 147,700,000 |
outlays for asset acquisition, net of cash acquired | -1,500,000 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayments of credit facilities | 0 | 0 | 0 | -290,000,000 | -800,000,000 | -1,880,000,000 | -2,065,000,000 | -810,000,000 | 0 | -310,000,000 | -320,000,000 | -825,000,000 | -435,000,000 | -560,000,000 | -370,000,000 | -430,000,000 | -1,300,000,000 | -220,000,000 | -1,485,000,000 | -795,000,000 | -260,000,000 | -350,000,000 | -665,000,000 | -280,000,000 | -705,000,000 | -50,000,000 | -931,000,000 | -985,000,000 | -675,000,000 | -485,000,000 | -480,000,000 | -977,000,000 | -746,000,000 | -330,000,000 | -135,000,000 | |||||||||||||||||||||||
repayment of term loan facility | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
contributions from noncontrolling interests | 3,000,000 | 3,000,000 | 4,200,000 | 1,800,000 | 2,600,000 | 4,200,000 | 2,700,000 | 200,000 | 12,200,000 | 4,900,000 | 6,100,000 | 2,900,000 | 2,600,000 | 9,100,000 | 2,100,000 | 2,000,000 | 8,200,000 | 7,600,000 | 15,100,000 | 10,600,000 | 36,500,000 | 115,300,000 | 206,700,000 | 196,800,000 | 206,200,000 | 164,600,000 | 167,000,000 | 280,100,000 | 47,800,000 | 77,300,000 | 7,600,000 | 8,900,000 | 10,500,000 | 13,700,000 | 13,100,000 | 6,000,000 | 10,500,000 | 1,000,000 | 600,000 | |||||||||||||||||||
loss on sale or disposition of assets | -400,000 | -3,900,000 | 2,300,000 | -1,100,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
write-downs of assets | 2,200,000 | 2,800,000 | 200,000 | 1,000,000 | 900,000 | 3,400,000 | 1,700,000 | 900,000 | 6,100,000 | 2,700,000 | 500,000 | 500,000 | 5,300,000 | 300,000 | 1,200,000 | 3,500,000 | 42,100,000 | |||||||||||||||||||||||||||||||||||||||||
accretion of asset retirement obligations | 6,400,000 | 1,000,000 | 1,600,000 | 1,600,000 | 1,400,000 | 1,400,000 | 1,500,000 | 1,600,000 | 1,300,000 | 1,300,000 | 1,100,000 | 1,100,000 | 1,000,000 | 1,000,000 | 1,100,000 | 900,000 | 1,000,000 | 900,000 | 1,000,000 | 700,000 | 1,000,000 | 1,400,000 | 1,300,000 | 1,000,000 | 900,000 | 900,000 | 1,000,000 | 900,000 | 900,000 | 800,000 | 900,000 | 1,300,000 | 1,100,000 | 1,200,000 | 1,100,000 | 1,200,000 | 1,300,000 | 1,400,000 | 1,300,000 | 1,100,000 | 1,000,000 | 1,200,000 | 1,000,000 | 900,000 | 1,100,000 | 1,030,000 | 1,000,000 | 1,000,000 | 1,000,000 | 930,000 | 900,000 | 900,000 | 900,000 | |||||
loss from financing activities | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss from sale of equity method investment | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of assets | 400,000 | 900,000 | 1,100,000 | 900,000 | 1,800,000 | 1,000,000 | 1,700,000 | 200,000 | 4,700,000 | 16,000,000 | 1,300,000 | 1,000,000 | 300,000 | 1,900,000 | 500,000 | 0 | ||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of equity method investment | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from borrowings under credit facilities | 540,000,000 | 1,880,000,000 | 1,620,000,000 | 1,805,000,000 | 0 | 140,000,000 | 415,000,000 | 65,000,000 | 735,000,000 | 220,000,000 | 450,000,000 | 790,000,000 | 470,000,000 | 860,000,000 | 1,005,000,000 | 765,000,000 | 960,000,000 | 635,000,000 | 0 | 640,000,000 | 295,000,000 | 480,000,000 | 931,000,000 | 995,000,000 | 825,000,000 | 430,000,000 | 535,000,000 | 532,000,000 | 303,000,000 | 368,000,000 | 975,000,000 | |||||||||||||||||||||||||||
proceeds from borrowings under term loan facility | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayments of term loan facility | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
redemption of series a preferred stock | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends paid to common and series a preferred shareholders | -112,500,000 | -115,200,000 | -114,300,000 | -85,300,000 | -80,900,000 | -81,000,000 | -109,800,000 | -108,000,000 | -47,300,000 | -47,500,000 | -44,700,000 | -48,000,000 | -47,500,000 | -51,000,000 | -46,600,000 | -239,100,000 | -235,200,000 | -239,600,000 | -234,600,000 | -244,100,000 | -231,700,000 | -231,300,000 | -222,700,000 | -222,600,000 | -219,200,000 | |||||||||||||||||||||||||||||||||
proceeds from issuance of senior notes | 2,010,700,000 | -100,000 | 0 | 1,717,100,000 | 0 | 1,247,800,000 | 0 | 0 | 0 | 1,000,000,000 | 0 | 0 | 0 | 1,500,000,000 | 600,000,000 | 0 | 1,100,000,000 | 0 | 0 | 400,000,000 | 0 | |||||||||||||||||||||||||||||||||||||
repurchase of shares | -184,500,000 | -355,300,000 | -160,200,000 | -41,000,000 | -153,600,000 | -149,100,000 | -85,800,000 | -32,700,000 | -81,600,000 | -74,100,000 | -72,200,000 | |||||||||||||||||||||||||||||||||||||||||||||||
impairment of long-lived assets | 0 | 0 | 0 | 2,442,800,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
(gain) loss on sale or disposition of assets | -1,400,000 | -700,000 | -1,700,000 | -1,500,000 | -1,500,000 | -6,500,000 | -600,000 | -1,000,000 | 600,000 | 500,000 | -100,000 | 3,200,000 | 61,100,000 | -46,700,000 | -100,000 | -700,000 | 400,000 | 100,000 | 16,100,000 | 400,000 | 4,800,000 | 0 | 900,000 | 700,000 | -4,400,000 | |||||||||||||||||||||||||||||||||
(gain) income from financing activities | 0 | 0 | 33,800,000 | 15,800,000 | 0 | 0 | 1,900,000 | 14,700,000 | 1,800,000 | 13,700,000 | -21,800,000 | -39,300,000 | 0 | 0 | 0 | 1,400,000 | 0 | 0 | 300,000 | 0 | 10,700,000 | 5,800,000 | 69,600,000 | 0 | 3,300,000 | -24,700,000 | ||||||||||||||||||||||||||||||||
(gain) income from sale of equity method investment | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
redemption of senior notes | 0 | 0 | -992,500,000 | -480,700,000 | 0 | 0 | -583,900,000 | -548,100,000 | -559,600,000 | -591,200,000 | -117,700,000 | -122,100,000 | 0 | 0 | -749,400,000 | |||||||||||||||||||||||||||||||||||||||||||
change in contingent considerations | -100,000 | -100,000 | -800,000 | 9,700,000 | 3,300,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
redemption of preferred units | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
partial repurchase of series a preferred stock | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
distributions to partnership unitholders | -3,300,000 | -2,800,000 | -2,800,000 | -2,800,000 | -2,900,000 | -2,800,000 | -2,800,000 | -2,800,000 | -2,900,000 | -2,800,000 | -2,800,000 | -2,800,000 | -2,900,000 | -2,800,000 | -2,800,000 | -2,800,000 | -2,800,000 | -2,800,000 | -3,000,000 | -141,700,000 | ||||||||||||||||||||||||||||||||||||||
repurchase of series a preferred stock | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in redemption value of mandatorily redeemable preferred interests | -700,000 | -5,800,000 | 9,100,000 | -2,900,000 | -72,500,000 | -5,200,000 | 1,600,000 | 4,400,000 | 2,500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
deferred income tax benefit | 21,100,000 | 5,800,000 | 14,500,000 | 31,900,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
changes in operating assets and liabilities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(gain) loss on sale or disposition of business and assets | 3,700,000 | -1,500,000 | 400,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
(gain) income from sale of equity-method investment | -3,500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of business and assets | 4,300,000 | 7,200,000 | 62,800,000 | 1,100,000 | 0 | 134,800,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of equity-method investment | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payment of contingent consideration | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repurchase of shares and units | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sale of ownership interests in subsidiaries | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repurchase of shares and units under compensation plans | -4,500,000 | 0 | -8,600,000 | -2,100,000 | -300,000 | -3,100,000 | -400,000 | -3,900,000 | 0 | -9,600,000 | 0 | -3,600,000 | 0 | -400,000 | -300,000 | -2,500,000 | -100,000 | -500,000 | -400,000 | -2,800,000 | -200,000 | -200,000 | ||||||||||||||||||||||||||||||||||||
changes in operating assets and liabilities, net of business acquisitions: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of goodwill | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of common stock | 112,500,000 | 204,100,000 | 314,300,000 | 58,100,000 | 87,000,000 | 0 | 908,600,000 | 664,800,000 | 176,300,000 | 219,800,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
purchase of noncontrolling interests in subsidiary | 0 | 0 | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable and other liabilities | -442,700,000 | 72,800,000 | 116,100,000 | -144,700,000 | 36,600,000 | -273,000,000 | 315,700,000 | 153,800,000 | -139,300,000 | 151,200,000 | 136,300,000 | 9,600,000 | -196,900,000 | 86,600,000 | 59,800,000 | 145,200,000 | -115,900,000 | -900,000 | -47,800,000 | -91,200,000 | -6,400,000 | 78,600,000 | 7,800,000 | 69,900,000 | -15,500,000 | -59,900,000 | 25,800,000 | -77,700,000 | -154,300,000 | -21,400,000 | 159,900,000 | -98,200,000 | ||||||||||||||||||||||||||
impairment of property, plant and equipment | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of senior notes and term loan | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
redemption of senior notes and term loan | -250,500,000 | 0 | -287,600,000 | -160,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
write-down of assets | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in contingent considerations included in other income | -20,900,000 | 16,600,000 | -60,600,000 | 56,100,000 | 26,000,000 | -126,800,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
redemption of tpl senior notes | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of preferred stock and warrants | 0 | 0 | 0 | 994,100,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of partnership common and preferred units | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
open market purchases of senior notes | 0 | -203,700,000 | -330,600,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
payments of distribution equivalent rights | 0 | 0 | 0 | -300,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
goodwill impairment | 183,000,000 | 0 | 0 | 24,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends paid to common and preferred shareholders | -203,300,000 | -199,700,000 | -187,700,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
outlays for business acquisitions, net of cash acquired | 0 | 23,600,000 | -1,598,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
excess tax benefit from stock-based awards | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in redemption value of mandatorily redeemable preferred interest | -4,200,000 | 3,900,000 | -18,500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment in unconsolidated affiliates | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayments on senior term loan | 0 | -82,000,000 | -188,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
redemption of apl senior notes | 0 | 0 | -1,168,800,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from accounts receivable securitization facility | 115,700,000 | 5,700,000 | 22,100,000 | 0 | 253,400,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends to common and preferred shareholders | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
distributions received from unconsolidated affiliates | 3,200,000 | 4,800,000 | 2,100,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
inventory | 62,300,000 | -26,700,000 | -44,500,000 | 102,400,000 | -99,700,000 | -78,700,000 | 60,600,000 | -83,400,000 | 33,700,000 | 5,200,000 | -44,600,000 | 44,300,000 | -69,500,000 | -64,700,000 | 47,300,000 | |||||||||||||||||||||||||||||||||||||||||||
dividends to common shareholders | -51,400,000 | -49,100,000 | -46,500,000 | -32,400,000 | -22,200,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale or disposition of assets | 0 | -800,000 | -700,000 | 3,900,000 | -100,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
income from financing activities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
partnership debt obligations: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-partnership debt obligations: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from borrowings under credit facility | 0 | 0 | 481,000,000 | 395,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayments of credit facility | -15,000,000 | 0 | -123,000,000 | -255,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of senior term loan | 0 | -7,500,000 | 430,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of common units of the partnership | 22,800,000 | 267,600,000 | 28,200,000 | 95,200,000 | 54,100,000 | 110,600,000 | 125,900,000 | 105,300,000 | 378,355,400 | 0 | 0 | 115,200,000 | ||||||||||||||||||||||||||||||||||||||||||||||
repurchase of common units under partnership compensation plans | -3,100,000 | -1,500,000 | -600,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from trc equity offerings | -1,100,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repurchase of common stock under trc compensation plans | -1,000,000 | -600,000 | -1,500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity earnings of unconsolidated affiliates | 1,200,000 | -1,700,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on debt redemptions and amendments | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
return of capital from unconsolidated affiliate | -500,000 | 600,000 | 600,000 | 1,400,000 | 2,200,000 | -1,800,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
(gain) loss on debt redemptions and amendments | 9,200,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-partnership loan facility: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from equity offerings | 336,200,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity earnings of unconsolidated affiliate | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
distributions of unconsolidated affiliate | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
partnership loan facility: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds | 345,000,000 | 490,000,000 | 460,000,000 | 980,000,000 | 325,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
repayments | -265,000,000 | -350,000,000 | -500,000,000 | -339,800,000 | -801,400,000 | -380,000,000 | -643,000,000 | -478,000,000 | -346,300,000 | -832,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
partnership accounts receivable securitization facility: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
borrowings | 21,100,000 | 38,300,000 | 29,500,000 | 145,000,000 | 686,021,120 | 815,000,000 | 343,000,000 | 268,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
distributions to owners | -90,600,000 | -87,000,000 | -81,700,000 | -64,200,000 | -61,700,000 | -54,200,000 | -50,800,000 | -54,300,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
dividends to common and common equivalent shareholders | -29,500,000 | -27,200,000 | -25,500,000 | -19,000,000 | -16,100,000 | -15,000,000 | -13,800,000 | -11,900,000 | -11,100,000 | -2,600,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
equity earnings, net of distributions | -2,900,000 | -1,600,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
partnership loan facilities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-partnership loan facilities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repurchase of common stock | 0 | -800,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of materials and supplies | 100,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity (earnings) loss, net of distributions | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on debt redemption | 7,300,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
commodity inventories | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
business acquisition, net of cash acquired | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment in unconsolidated affiliate | -3,100,000 | -7,500,000 | -6,200,000 | -5,900,000 | -1,600,000 | -4,400,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
distributions | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity offering of the partnership units | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
paid-in-kind interest expense | 700,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense on affiliate and allocated indebtedness | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
asset impairment charges | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred income tax expense (3 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of assets | 600,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on early debt extinguishment | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payments of interest on holdco loan facility | -700,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
business acquisitions, net of cash acquired | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loan facilities - partnership: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayment of affiliated indebtedness | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loan facilities - non-partnership: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
contributions | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
partnership equity transactions | 30,400 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
distributions under common control | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stock options exercised | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends to preferred shareholders | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity (earnings) losses, net of distributions | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
business acquisitions | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid on note exchange | 0 | 0 | -27,700,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
see notes to consolidated financial statements. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
business acquisition | 0 | -29,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unconsolidated affiliate distributions in excess of accumulated earnings | 100,000 | 300,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
see notes to consolidated financial statements | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on debt repurchases | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on early debt extinguishment | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loan facilities of the partnership: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loan facilities- non-partnership: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
noncontrolling interest contributions | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
capital contributions | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity in earnings of unconsolidated investment, net of distributions | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on debt repurchases | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of partnership interests | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity in earnings (losses) of unconsolidated investment, net of distributions | -1,700,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(gain) loss on debt repurchases | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(gain) loss on early debt extinguishment | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sales of assets | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on sale of assets | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable and other assets | 32,400,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of senior notes of the partnership | 325,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sale of limited partner interests in the partnership | 298,100,000 |
