Targa Resources Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	100.1	166.1	157.3	141.7	219	158.5
Cash & Short-Term Investments	100.1	166.1	157.3	141.7	219	158.5
Cash Growth	-33.88%	5.59%	11.01%	-35.30%	38.17%	-34.72%
Accounts Receivable	1,692	1,475	1,618	1,471	1,408	1,332
Inventory	334.4	429.3	334.3	371.5	393.8	153.4
Other Current Assets	312	292.7	186.4	210.4	335.4	126
Total Current Assets	2,438	2,363	2,296	2,195	2,357	1,770
Net Property, Plant & Equipment	21,771	20,535	18,063	15,806	14,215	11,668
Other Intangible Assets	2,201	1,651	1,977	2,351	2,735	1,095
Long-Term Investments	315	307.1	193.3	146.3	131.3	586.5
Other Long-Term Assets	382	362.4	204.4	173.9	122.9	89.4
Total Assets	27,107	25,218	22,734	20,672	19,560	15,208
Accounts Payable	1,988	1,873	2,013	1,575	1,449	1,402
Accrued Expenses	193.2	358.6	336	281.7	289.5	272.2
Current Portion of Long-Term Debt	696.9	770.1	387.7	620.7	834.3	162.8
Other Current Liabilities	517.9	545.1	436.4	283.6	494.1	461.2
Total Current Liabilities	3,396	3,547	3,173	2,761	3,067	2,299
Long-Term Debt	18,435	16,662	13,787	12,333	10,702	6,434
Other Long-Term Liabilities	2,008	1,811	1,356	967.7	809	546.9
Total Long-Term Liabilities	20,442	18,473	15,143	13,301	11,511	6,981
Total Liabilities	23,838	22,020	18,316	16,062	14,578	9,280
Preferred Stock	-	-	-	-	-	749.7
Common Stock	0.2	0.2	0.2	0.2	0.2	0.2
Treasury Stock	-2,517	-2,429	-1,714	-896.9	-464.7	-204.1
Additional Paid-in Capital	3,111	3,088	2,294	3,059	3,702	4,269
Accumulated Other Comprehensive Income	-14.7	113.8	27.5	85.6	54.7	-230.9
Retained Earnings	2,557	3,089	1,190	492	-626.8	-1,822
Total Common Shareholders' Equity	3,137	3,068	2,592	2,740	2,666	2,012
Minority Interest	132.5	130.3	1,826	1,870	2,317	3,167
Shareholders' Equity	3,269	3,198	4,418	4,610	4,982	5,179
Total Liabilities & Equity	27,107	25,218	22,734	20,672	19,560	15,208
Total Debt	19,132	17,433	14,175	12,954	11,536	6,597
Net Cash (Debt)	-19,032	-17,266	-14,017	-12,812	-11,317	-6,439
Net Cash Per Share	-88.06	-79.61	-63.34	-56.69	-48.97	-28.17
Book Value	3,137	3,068	2,592	2,740	2,666	2,012
Book Value Per Share	14.51	14.14	11.71	12.12	11.53	8.80
Tangible Book Value	935.3	1,417	615	389.1	-68.9	917
Tangible Book Value Per Share	4.33	6.53	2.78	1.72	-0.30	4.01

SEC Filings: 10-K · 10-Q