Targa Resources Corp.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
ASSETS
Current assets:
Cash and Cash Equivalents, at Carrying Value $73.5m $137.2m $232.1m $331.1m $242.8m $158.5m $219.0m $141.7m $157.3m $166.1m
Inventory, Net $137.7m $204.5m $164.7m $161.5m $181.5m $153.4m $393.8m $371.5m $334.3m $429.3m
Assets, Current $1.0b $1.3b $1.4b $1.7b $1.5b $1.8b $2.4b $2.2b $2.3b $2.4b
Property, Plant and Equipment, Net $9.7b $10.4b $12.9b $14.5b $12.2b $11.7b $14.2b $15.8b $18.1b $20.5b
Goodwill $210.0m $256.6m $46.6m $45.2m $45.2m $45.2m $45.2m $45.2m $45.2m $112.3m
Operating Lease, Right-of-Use Asset $42.0m $52.7m $50.8m $57.3m $101.1m $103.7m $93.9m
Other Assets, Noncurrent $63.5m $21.5m $36.5m $53.9m $96.1m $81.7m $98.4m $140.6m $179.1m $327.4m
Additional Financial Items
Accounts Receivable, after Allowance for Credit Loss, Current $674.6m $827.6m $865.5m $855.0m $862.8m $1.3b $1.4b $1.5b $1.6b $1.5b
Accrued Liabilities, Current $186.4m $272.2m $289.5m $281.7m $336.0m $358.6m
Assets $12.9b $14.4b $16.9b $18.8b $15.9b $15.2b $19.6b $20.7b $22.7b $25.2b
LIABILITIES AND EQUITY
Current liabilities:
Operating Lease, Liability, Current $7.8m $12.0m $11.7m $14.4m $21.8m $25.2m $24.3m
Accounts Payable, Current $833.8m $1.4b $1.4b $1.6b $2.0b $1.9b
Operating Lease, Liability, Noncurrent $47.2m $46.2m $34.5m $28.6m $56.5m $90.4m $89.5m
Long-term Debt, Excluding Current Maturities $4.6b $4.7b $5.6b $7.8b $7.8b $6.6b $11.5b $13.0b $14.2b $17.4b
Dividends Payable $8.7m $9.7m $13.7m $14.2m $5.4m $3.1m
Liabilities, Current $1.2b $1.6b $2.8b $1.9b $1.8b $2.3b $3.1b $2.8b $3.2b $3.5b
Deferred Income Tax Liabilities, Net $152.1m $136.0m $327.7m $535.8m $872.1m $1.4b
Other Liabilities, Noncurrent $215.1m $597.9m $262.2m $305.6m $309.1m $301.6m $341.2m $415.1m $392.3m $395.0m
Deferred Tax Liabilities, Net $941.2m $479.0m $525.2m $434.2m $152.1m $136.0m $327.7m $535.8m $872.1m $1.4b
Commitments and Contingencies $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Redeemable Noncontrolling Interest, Equity, Carrying Amount $68.5m $76.2m
Stockholders’ equity:
Preferred Stock, Value, Issued $0 $0 $0 $0 $0 $0 $0 $0
Additional Paid in Capital $5.5b $6.3b $6.2b $5.2b $4.8b $4.3b $3.7b $3.1b $3.1b $3.1b
Retained Earnings (Accumulated Deficit) ($187.3m) ($77.2m) ($130.4m) ($339.6m) ($1.9b) ($1.8b) ($626.8m) $492.0m $1.2b $2.3b
Accumulated Other Comprehensive Income (Loss), Net of Tax ($38.3m) ($29.9m) $94.3m $92.5m ($141.8m) ($230.9m) $54.7m $85.6m $27.5m $113.8m
Stockholders' Equity Attributable to Parent $5.2b $6.2b $6.1b $4.9b $2.7b $2.0b $2.7b $2.7b $2.6b $3.1b
Stockholders' Equity Attributable to Noncontrolling Interest $475.8m $595.7m $1.4b $3.5b $3.2b $3.2b $2.3b $1.9b $1.8b $130.3m
Liabilities and Equity $12.9b $14.4b $16.9b $18.8b $15.9b $15.2b $19.6b $20.7b $22.7b $25.2b

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.