7Baggers

Targa Resources Corp
(NYSE:TRGP) 

TRGP stock logo

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,...

Founded: 2005
Full Time Employees: 2,680
Sector: Energy
Industry: Oil & Gas Midstream

Share this website to your friends
• Market Cap:
• Exchange:
• Shs Outstanding:
• Employees:
• Beta:
• Return on Equity (ROE) ttm:
• Return on Assets (ROA) ttm:
• EPS ttm:
• Book value per Share:
• Cash per Share:
• Current ast per Share:
• P/E ttm:
• P/E forward:
• P/E ttm high:
• P/E ttm low:
• P/S ttm:
• P/B ttm:
• P/FCF ttm:
• PEG ratio:
• Cash Ratio ttm:
• Quick Ratio ttm:
• Current Ratio ttm:
• Gross Mgn ttm:
• EBITDA Mgn ttm:
• Operating Mgn ttm:
• Net Income Mgn ttm:
• Trailing Div yield:
• Forward Div yield:
• Payout Ratio ttm:
• Ex-Dividend date:
• Target Price High:
• Target Price Low:
• Target Price Mean:
• Number of Analysts:
• Debt Ratio ttm:
• Debt to Equity ttm:
• Total Net Debt:
At a glance:
Bull Thesis:
Bear Thesis:
Main Competitors:
Moat:
Income Statements:
Quarterly
Annual
    Unit: USD2026-03-31 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 
                                                             
      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: USD2026-03-31 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 
                                                               
        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: USD2026-03-31 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    
          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
          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                    -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 -6,200,000 -1,100,000 -400,000 -200,000   -500,000 -800,000 -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
        1,200,000,000 600,000,000 870,000,000 650,000,000 100,000,000 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 -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 -450,000,000 -130,000,000 -250,000,000 -60,000,000 -90,000,000 -430,000,000 -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 -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 1,496,800,000 1,993,900,000                                                      
          redemption of senior unsecured notes
        -687,100,000                                                         
          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    -31,100,000 -900,000 -4,100,000 -1,300,000 -17,400,000 -16,100,000 -10,900,000 -600,000 -9,000,000 -300,000 -9,100,000   -10,300,000 -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  -100,000 -4,400,000  -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
         -400,000 -1,800,000,000 -111,600,000 -1,300,000 -27,000,000 -1,091,900,000 -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
        166,100,000 157,300,000 141,700,000 219,000,000 158,500,000 242,800,000 331,100,000 232,100,000 137,200,000 73,500,000 140,200,000 81,000,000 66,700,000 76,300,000 55,000 145,800,000 76,000 188,400,000 
          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                                            
          repayments of credit facilities
                 -290,000,000 -800,000,000 -1,880,000,000 -2,065,000,000 -810,000,000 -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
                                                                 
          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
                                                                
          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                             
          proceeds from sale of equity method investment
                                                                
          proceeds from borrowings under credit facilities
                     540,000,000 1,880,000,000 1,620,000,000 1,805,000,000 140,000,000 415,000,000 65,000,000 735,000,000 220,000,000 450,000,000 790,000,000 470,000,000 860,000,000 1,005,000,000 765,000,000 960,000,000 635,000,000 640,000,000 295,000,000 480,000,000 931,000,000 995,000,000 825,000,000 430,000,000 535,000,000 532,000,000 303,000,000 368,000,000 975,000,000               
          proceeds from borrowings under term loan facility
                                                                 
          repayments of term loan facility
                                                                  
          redemption of series a preferred stock
                                                                 
          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 1,717,100,000 1,247,800,000   1,000,000,000     1,500,000,000             600,000,000 1,100,000,000        400,000,000    
          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
                             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 4,800,000 900,000   700,000 -4,400,000              
          (gain) income from financing activities
                     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   300,000 10,700,000 5,800,000 69,600,000 3,300,000 -24,700,000                  
          (gain) income from sale of equity method investment
                                                                
          redemption of senior notes
                     -992,500,000 -480,700,000 -583,900,000 -548,100,000 -559,600,000 -591,200,000 -117,700,000 -122,100,000  -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 1,100,000 134,800,000                                  
          proceeds from sale of equity-method investment
                                                                 
          payment of contingent consideration
                                                                
          repurchase of shares and units
                                                                  
          sale of ownership interests in subsidiaries
                                                                
          repurchase of shares and units under compensation plans
                          -4,500,000 -8,600,000  -2,100,000 -300,000 -3,100,000 -400,000 -3,900,000 -9,600,000 -3,600,000 -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 87,000,000 908,600,000 664,800,000 176,300,000 219,800,000                    
          purchase of noncontrolling interests in subsidiary
                                                              
          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
                                                                 
          proceeds from issuance of senior notes and term loan
                                                                
          redemption of senior notes and term loan
                                         -250,500,000 -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
                                             994,100,000                  
          proceeds from sale of partnership common and preferred units
                                                                  
          open market purchases of senior notes
                                              -203,700,000 -330,600,000                  
          payments of distribution equivalent rights
                                             -300,000                  
          goodwill impairment
                                             183,000,000 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
                                                 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
                                                 -82,000,000 -188,000,000               
          redemption of apl senior notes
                                                 -1,168,800,000               
          proceeds from accounts receivable securitization facility
                                               115,700,000 5,700,000 22,100,000 253,400,000               
          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
                                                     -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
                                                 481,000,000        395,000,000       
          repayments of credit facility
                                                 -15,000,000 -123,000,000        -255,000,000       
          proceeds from issuance of senior term loan
                                                 -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  125,900,000 105,300,000 378,355,400 115,200,000     
          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
                                                     -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   
          distributions under common control
                                                                  
          stock options exercised
                                                                  
          dividends to preferred shareholders
                                                                  
          equity (earnings) losses, net of distributions
                                                                  
          business acquisitions
                                                                  
          cash paid on note exchange
                                                               -27,700,000 
          see notes to consolidated financial statements.
                                                                  
          business acquisition
                                                                -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