Targa Resources Corp. (TRGP)

Targa Resources Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	166.4	141.7	219	158.5	242.8	331.1
Cash & Short-Term Investments	166.4	141.7	219	158.5	242.8	331.1
Cash Growth	-1.77%	-35.30%	38.17%	-34.72%	-26.67%	42.65%
Accounts Receivable	1,217	1,471	1,408	1,332	862.8	855
Receivables	1,217	1,471	1,408	1,332	862.8	855
Inventory	320.6	371.5	393.8	153.4	181.5	161.5
Other Current Assets	162.7	210.4	335.4	126	173.2	310.7
Total Current Assets	1,867	2,195	2,357	1,770	1,460	1,658
Property, Plant & Equipment	16,891	15,806	14,272	11,719	12,226	14,591
Long-Term Investments	159.8	146.3	131.3	586.5	714	738.7
Goodwill	-	45.2	-	-	-	45.2
Other Intangible Assets	2,164	2,351	2,735	1,095	1,382	1,735
Other Long-Term Assets	182.6	128.7	65.6	38.6	92.7	47.4
Total Assets	21,264	20,672	19,560	15,208	15,876	18,815
Accounts Payable	1,687	1,575	1,449	1,402	833.8	954.8
Accrued Expenses	490.9	489.5	449.1	399	307	294.7
Current Portion of Long-Term Debt	550	575	800	150	356.5	370
Current Portion of Leases	51.2	67.5	48.7	24.5	24.1	20
Other Current Liabilities	111.7	54	320.1	322.7	258	233.1
Total Current Liabilities	2,891	2,761	3,067	2,299	1,779	1,873
Long-Term Debt	12,723	12,089	10,509	6,421	7,368	7,414
Long-Term Leases	322.2	300.6	221.6	48.2	64.9	73
Long-Term Unearned Revenue	118.3	248.8	198.8	171.8	168.5	172
Long-Term Deferred Tax Liabilities	684.5	535.8	327.7	136	152.1	434.2
Other Long-Term Liabilities	176.3	126.6	253.9	204.6	137.8	127.2
Total Liabilities	16,915	16,062	14,578	9,280	9,671	10,093
Common Stock	0.2	0.2	0.2	0.2	0.2	0.2
Additional Paid-In Capital	3,089	3,059	3,702	4,269	4,840	5,221
Retained Earnings	783.9	492	-626.8	-1,822	-1,894	-339.6
Treasury Stock	-1,417	-896.9	-464.7	-204.1	-150.9	-53.5
Comprehensive Income & Other	11.4	85.6	54.7	-230.9	-141.8	92.5
Total Common Equity	2,468	2,740	2,666	2,012	2,654	4,921
Minority Interest	1,882	1,870	2,317	3,167	3,249	3,522
Shareholders' Equity	4,349	4,610	4,982	5,928	6,205	8,722
Total Liabilities & Equity	21,264	20,672	19,560	15,208	15,876	18,815
Total Debt	13,647	13,032	11,579	6,643	7,814	7,877
Net Cash (Debt)	-13,480	-12,891	-11,360	-6,485	-7,571	-7,546
Net Cash Per Share	-60.23	-57.04	-49.16	-28.37	-32.61	-32.46
Filing Date Shares Outstanding	219.08	223.16	226.64	228.78	228.65	233.05
Total Common Shares Outstanding	219.17	222.61	226.04	228.22	228.06	232.84
Working Capital	-1,024	-566.3	-710.1	-528.7	-319.1	-214.3
Book Value Per Share	11.26	12.31	11.79	8.82	11.64	21.13
Tangible Book Value	303.5	343.9	-68.9	917	1,272	3,141
Tangible Book Value Per Share	1.38	1.54	-0.30	4.02	5.58	13.49
Land	185.6	185	163.3	160.8	160.8	159.7
Machinery	14,634	14,152	13,322	11,989	11,784	11,269
Construction In Progress	1,908	1,456	1,011	347	324.3	1,577

Source: S&P Capital IQ. Standard template. Financial Sources.