10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001564590-19-017121 |
| Period End Date | 20190331 |
| Filing Date | 20190508 |
| Fiscal Year | 2019 |
| Fiscal Period | Q1 |
| XBRL Instance | trgp-20190331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
90 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Trade receivables, allowances |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$200.00K | USD | Point-in-time |
| Trade receivables, allowances |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$100.00K | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$124.90M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$232.10M | USD | Point-in-time |
| Trade receivables, net of allowances of $0.2 and $0.1 million at March 31, 2019 and December 31, 2018 |
AccountsReceivableNetCurrent
|
$865.50M | USD | Point-in-time |
| Trade receivables, net of allowances of $0.2 and $0.1 million at March 31, 2019 and December 31, 2018 |
AccountsReceivableNetCurrent
|
$752.80M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$197.90M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$164.70M | USD | Point-in-time |
| Assets from risk management activities |
DerivativeAssetBeforeEffectsOfMasterNettingArrangementsCurrent
|
$75.90M | USD | Point-in-time |
| Assets from risk management activities |
DerivativeAssetBeforeEffectsOfMasterNettingArrangementsCurrent
|
$115.30M | USD | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$41.30M | USD | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$29.50M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$1.42B | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$1.18B | USD | Point-in-time |
| Property, plant and equipment |
PropertyPlantAndEquipmentGross
|
$17.22B | USD | Point-in-time |
| Property, plant and equipment |
PropertyPlantAndEquipmentGross
|
$18.19B | USD | Point-in-time |
| Accumulated depreciation and amortization |
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
$4.49B | USD | Point-in-time |
| Common stock, par value (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Common stock, par value (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Accumulated depreciation and amortization |
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
$4.29B | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$13.70B | USD | Point-in-time |
| Common stock, shares authorized (in shares) |
CommonStockSharesAuthorized
|
300.00M | shares | Point-in-time |
| Common stock, shares authorized (in shares) |
CommonStockSharesAuthorized
|
300.00M | shares | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$12.93B | USD | Point-in-time |
| Intangible assets, net |
FiniteLivedIntangibleAssetsNet
|
$1.98B | USD | Point-in-time |
| Common stock, shares issued (in shares) |
CommonStockSharesIssued
|
233.37M | shares | Point-in-time |
| Intangible assets, net |
FiniteLivedIntangibleAssetsNet
|
$1.94B | USD | Point-in-time |
| Common stock, shares issued (in shares) |
CommonStockSharesIssued
|
232.46M | shares | Point-in-time |
| Goodwill, net |
Goodwill
|
$46.60M | USD | Point-in-time |
| Goodwill, net |
Goodwill
|
$46.60M | USD | Point-in-time |
| Common stock, shares outstanding (in shares) |
CommonStockSharesOutstanding
|
231.79M | shares | Point-in-time |
| Common stock, shares outstanding (in shares) |
CommonStockSharesOutstanding
|
232.48M | shares | Point-in-time |
| Preferred stock, par value (in dollar per share) |
PreferredStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Preferred stock, par value (in dollar per share) |
PreferredStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Long-term assets from risk management activities |
DerivativeAssetBeforeEffectsOfMasterNettingArrangementsNoncurrent
|
$23.10M | USD | Point-in-time |
| Long-term assets from risk management activities |
DerivativeAssetBeforeEffectsOfMasterNettingArrangementsNoncurrent
|
$34.10M | USD | Point-in-time |
| Preferred stock, shares authorized (in shares) |
PreferredStockSharesAuthorized
|
98.80M | shares | Point-in-time |
| Investments in unconsolidated affiliates |
EquityMethodInvestments
|
$490.50M | USD | Point-in-time |
| Preferred stock, shares authorized (in shares) |
PreferredStockSharesAuthorized
|
98.80M | shares | Point-in-time |
| Investments in unconsolidated affiliates |
EquityMethodInvestments
|
$605.90M | USD | Point-in-time |
| Other long-term assets |
OtherAssetsNoncurrent
|
$69.00M | USD | Point-in-time |
| Preferred stock, shares issued (in shares) |
PreferredStockSharesIssued
|
0.00 | shares | Point-in-time |
| Preferred stock, shares issued (in shares) |
PreferredStockSharesIssued
|
0.00 | shares | Point-in-time |
| Other long-term assets |
OtherAssetsNoncurrent
|
$36.50M | USD | Point-in-time |
| Preferred stock, shares outstanding (in shares) |
PreferredStockSharesOutstanding
|
0.00 | shares | Point-in-time |
| Total assets |
Assets
|
$17.57B | USD | Point-in-time |
| Total assets |
Assets
|
$16.94B | USD | Point-in-time |
| Preferred stock, shares outstanding (in shares) |
PreferredStockSharesOutstanding
|
0.00 | shares | Point-in-time |
| Treasury stock, shares (in shares) |
TreasuryStockShares
|
665,753.00 | shares | Point-in-time |
| Treasury stock, shares (in shares) |
TreasuryStockShares
|
895,410.00 | shares | Point-in-time |
| Accounts payable and accrued liabilities |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$1.74B | USD | Point-in-time |
| Accounts payable and accrued liabilities |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$1.68B | USD | Point-in-time |
| Liabilities from risk management activities |
DerivativeLiabilityBeforeEffectsOfMasterNettingArrangementsCurrent
|
$33.60M | USD | Point-in-time |
| Liabilities from risk management activities |
DerivativeLiabilityBeforeEffectsOfMasterNettingArrangementsCurrent
|
$43.30M | USD | Point-in-time |
| Current debt obligations |
DebtCurrentNetOfIssuanceCost
|
$318.10M | USD | Point-in-time |
| Current debt obligations |
DebtCurrentNetOfIssuanceCost
|
$1.03B | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$2.80B | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$2.04B | USD | Point-in-time |
| Long-term debt |
LongTermDebtNoncurrent
|
$5.63B | USD | Point-in-time |
| Long-term debt |
LongTermDebtNoncurrent
|
$7.12B | USD | Point-in-time |
| Long-term liabilities from risk management activities |
DerivativeLiabilityBeforeEffectsOfMasterNettingArrangementsNoncurrent
|
$3.10M | USD | Point-in-time |
| Long-term liabilities from risk management activities |
DerivativeLiabilityBeforeEffectsOfMasterNettingArrangementsNoncurrent
|
$9.40M | USD | Point-in-time |
| Deferred income taxes, net |
DeferredTaxLiabilitiesNoncurrent
|
$525.20M | USD | Point-in-time |
| Deferred income taxes, net |
DeferredTaxLiabilitiesNoncurrent
|
$507.60M | USD | Point-in-time |
| Other long-term liabilities |
OtherLiabilitiesNoncurrent
|
$262.20M | USD | Point-in-time |
| Other long-term liabilities |
OtherLiabilitiesNoncurrent
|
$301.20M | USD | Point-in-time |
| Contingencies (see Note 18) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Contingencies (see Note 18) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Common stock value |
CommonStockValueOutstanding
|
$200.00K | USD | Point-in-time |
| Common stock value |
CommonStockValueOutstanding
|
$200.00K | USD | Point-in-time |
| Preferred stock ($0.001 par value, after designation of Series A Preferred Stock: 98,800,000 shares authorized, no shares issued and outstanding) |
PreferredStockValue
|
- | USD | Point-in-time |
| Preferred stock ($0.001 par value, after designation of Series A Preferred Stock: 98,800,000 shares authorized, no shares issued and outstanding) |
PreferredStockValue
|
- | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$5.93B | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$6.15B | USD | Point-in-time |
| Retained earnings (deficit) |
RetainedEarningsAccumulatedDeficit
|
$-169.30M | USD | Point-in-time |
| Retained earnings (deficit) |
RetainedEarningsAccumulatedDeficit
|
$-130.40M | USD | Point-in-time |
| Accumulated other comprehensive income (loss) |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$48.90M | USD | Point-in-time |
| Accumulated other comprehensive income (loss) |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$94.30M | USD | Point-in-time |
| Treasury stock, at cost (895,410 shares as of March 31, 2019 and 665,753 shares as of December 31, 2018) |
TreasuryStockValue
|
$39.60M | USD | Point-in-time |
| Treasury stock, at cost (895,410 shares as of March 31, 2019 and 665,753 shares as of December 31, 2018) |
TreasuryStockValue
|
$49.20M | USD | Point-in-time |
| Total Targa Resources Corp. stockholders' equity |
StockholdersEquity
|
$5.76B | USD | Point-in-time |
| Total Targa Resources Corp. stockholders' equity |
StockholdersEquity
|
$6.08B | USD | Point-in-time |
| Noncontrolling interests |
MinorityInterest
|
$1.58B | USD | Point-in-time |
| Noncontrolling interests |
MinorityInterest
|
$1.39B | USD | Point-in-time |
| Total owners' equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$7.34B | USD | Point-in-time |
| Total owners' equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$6.96B | USD | Point-in-time |
| Total owners' equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$6.76B | USD | Point-in-time |
| Total owners' equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$7.47B | USD | Point-in-time |
| Total liabilities, Series A Preferred Stock and owners' equity |
LiabilitiesAndStockholdersEquity
|
$17.57B | USD | Point-in-time |
| Total liabilities, Series A Preferred Stock and owners' equity |
LiabilitiesAndStockholdersEquity
|
$16.94B | USD | Point-in-time |
Income Statement
45 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Total revenues |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$2.46B | USD | 1 Quarter |
| Total revenues |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$2.30B | USD | 1 Quarter |
| Product purchases |
CostOfGoodsAndServicesSold
|
$1.73B | USD | 1 Quarter |
| Product purchases |
CostOfGoodsAndServicesSold
|
$1.94B | USD | 1 Quarter |
| Operating expenses |
OperatingCostsAndExpenses
|
$190.20M | USD | 1 Quarter |
| Operating expenses |
OperatingCostsAndExpenses
|
$173.20M | USD | 1 Quarter |
| Depreciation and amortization expense |
DepreciationDepletionAndAmortization
|
$198.10M | USD | 1 Quarter |
| Depreciation and amortization expense |
DepreciationDepletionAndAmortization
|
$237.40M | USD | 1 Quarter |
| General and administrative expense |
GeneralAndAdministrativeExpense
|
$81.10M | USD | 1 Quarter |
| General and administrative expense |
GeneralAndAdministrativeExpense
|
$56.70M | USD | 1 Quarter |
| Other operating (income) expense |
OtherOperatingIncomeExpenseNet
|
$-300.00K | USD | 1 Quarter |
| Other operating (income) expense |
OtherOperatingIncomeExpenseNet
|
$-3.40M | USD | 1 Quarter |
| Income (loss) from operations |
OperatingIncomeLoss
|
$61.30M | USD | 1 Quarter |
| Income (loss) from operations |
OperatingIncomeLoss
|
$86.30M | USD | 1 Quarter |
| Interest income (expense), net |
InterestIncomeExpenseNonoperatingNet
|
$16.10M | USD | 1 Quarter |
| Interest income (expense), net |
InterestIncomeExpenseNonoperatingNet
|
$-80.60M | USD | 1 Quarter |
| Equity earnings (loss) |
IncomeLossFromEquityMethodInvestments
|
$2.80M | USD | 1 Quarter |
| Equity earnings (loss) |
IncomeLossFromEquityMethodInvestments
|
$1.50M | USD | 1 Quarter |
| Gain (loss) from financing activities |
GainLossOnRepurchaseOfDebtInstrument
|
$-1.40M | USD | 1 Quarter |
| Change in contingent considerations |
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
|
$9.70M | USD | 1 Quarter |
| Change in contingent considerations |
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
|
$56.10M | USD | 1 Quarter |
| Income (loss) before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$47.80M | USD | 1 Quarter |
| Income (loss) before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$-27.60M | USD | 1 Quarter |
| Income tax (expense) benefit |
IncomeTaxExpenseBenefit
|
$8.90M | USD | 1 Quarter |
| Income tax (expense) benefit |
IncomeTaxExpenseBenefit
|
$-2.90M | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$38.90M | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$-24.70M | USD | 1 Quarter |
| Less: Net income (loss) attributable to noncontrolling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$16.00M | USD | 1 Quarter |
| Less: Net income (loss) attributable to noncontrolling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$14.20M | USD | 1 Quarter |
| Net income (loss) attributable to Targa Resources Corp. |
NetIncomeLoss
|
$22.90M | USD | 1 Quarter |
| Net income (loss) attributable to Targa Resources Corp. |
NetIncomeLoss
|
$-38.90M | USD | 1 Quarter |
| Dividends on Series A Preferred Stock |
DividendsPreferredStock
|
$22.90M | USD | 1 Quarter |
| Dividends on Series A Preferred Stock |
DividendsPreferredStock
|
$22.90M | USD | 1 Quarter |
| Deemed dividends on Series A Preferred Stock |
DeemedPreferredStockDividend
|
$7.00M | USD | 1 Quarter |
| Deemed dividends on Series A Preferred Stock |
DeemedPreferredStockDividend
|
$7.90M | USD | 1 Quarter |
| Net income (loss) attributable to common shareholders |
NetIncomeLossAvailableToCommonStockholdersBasic
|
$-7.00M | USD | 1 Quarter |
| Net income (loss) attributable to common shareholders |
NetIncomeLossAvailableToCommonStockholdersBasic
|
$-69.70M | USD | 1 Quarter |
| Net income (loss) per common share - basic |
EarningsPerShareBasic
|
$-0.03 | USD | 1 Quarter |
| Net income (loss) per common share - basic |
EarningsPerShareBasic
|
$-0.30 | USD | 1 Quarter |
| Net income (loss) per common share - diluted |
EarningsPerShareDiluted
|
$-0.30 | USD | 1 Quarter |
| Net income (loss) per common share - diluted |
EarningsPerShareDiluted
|
$-0.03 | USD | 1 Quarter |
| Weighted average shares outstanding - basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
218.70M | shares | 1 Quarter |
| Weighted average shares outstanding - basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
232.20M | shares | 1 Quarter |
| Weighted average shares outstanding - diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
232.20M | shares | 1 Quarter |
| Weighted average shares outstanding - diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
218.70M | shares | 1 Quarter |
Cash Flow Statement
77 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income (loss) |
ProfitLoss
|
$38.90M | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$-24.70M | USD | 1 Quarter |
| Amortization in interest expense |
AmortizationOfFinancingCostsAndDiscounts
|
$2.70M | USD | 1 Quarter |
| Amortization in interest expense |
AmortizationOfFinancingCostsAndDiscounts
|
$2.60M | USD | 1 Quarter |
| Compensation on equity grants |
ShareBasedCompensation
|
$16.50M | USD | 1 Quarter |
| Compensation on equity grants |
ShareBasedCompensation
|
$13.20M | USD | 1 Quarter |
| Depreciation and amortization expense |
DepreciationDepletionAndAmortization
|
$198.10M | USD | 1 Quarter |
| Depreciation and amortization expense |
DepreciationDepletionAndAmortization
|
$237.40M | USD | 1 Quarter |
| Accretion of asset retirement obligations |
AssetRetirementObligationAccretionExpense
|
$900.00K | USD | 1 Quarter |
| Accretion of asset retirement obligations |
AssetRetirementObligationAccretionExpense
|
$1.00M | USD | 1 Quarter |
| Increase (decrease) in redemption value of mandatorily redeemable preferred interests |
MinorityInterestChangeInRedemptionValue
|
$72.50M | USD | 1 Quarter |
| Deferred income tax expense (benefit) |
DeferredIncomeTaxExpenseBenefit
|
$8.90M | USD | 1 Quarter |
| Deferred income tax expense (benefit) |
DeferredIncomeTaxExpenseBenefit
|
$-2.90M | USD | 1 Quarter |
| Equity (earnings) loss of unconsolidated affiliates |
IncomeLossFromEquityMethodInvestments
|
$2.80M | USD | 1 Quarter |
| Equity (earnings) loss of unconsolidated affiliates |
IncomeLossFromEquityMethodInvestments
|
$1.50M | USD | 1 Quarter |
| Distributions of earnings received from unconsolidated affiliates |
EquityMethodInvestmentDividendsOrDistributions
|
$4.20M | USD | 1 Quarter |
| Distributions of earnings received from unconsolidated affiliates |
EquityMethodInvestmentDividendsOrDistributions
|
$4.80M | USD | 1 Quarter |
| Risk management activities |
UnrealizedGainLossOnDerivatives
|
$-10.90M | USD | 1 Quarter |
| Risk management activities |
UnrealizedGainLossOnDerivatives
|
$-7.20M | USD | 1 Quarter |
| (Gain) loss on sale or disposition of assets |
GainLossOnSaleOfProperty
|
$100.00K | USD | 1 Quarter |
| (Gain) loss on sale or disposition of assets |
GainLossOnSaleOfProperty
|
$-3.20M | USD | 1 Quarter |
| (Gain) loss from financing activities |
GainLossOnRepurchaseOfDebtInstrument
|
$-1.40M | USD | 1 Quarter |
| Change in contingent considerations |
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
|
$9.70M | USD | 1 Quarter |
| Change in contingent considerations |
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
|
$56.10M | USD | 1 Quarter |
| Receivables and other assets |
IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets
|
$-123.70M | USD | 1 Quarter |
| Receivables and other assets |
IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets
|
$-78.20M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$60.60M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$-110.20M | USD | 1 Quarter |
| Accounts payable and other liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$36.60M | USD | 1 Quarter |
| Accounts payable and other liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$-139.30M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$354.40M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$307.60M | USD | 1 Quarter |
| Outlays for property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$943.30M | USD | 1 Quarter |
| Outlays for property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$595.90M | USD | 1 Quarter |
| Proceeds from sale of assets |
ProceedsFromSaleOfProductiveAssets
|
$500.00K | USD | 1 Quarter |
| Investments in unconsolidated affiliates |
PaymentsForAdvanceToAffiliate
|
$117.40M | USD | 1 Quarter |
| Investments in unconsolidated affiliates |
PaymentsForAdvanceToAffiliate
|
$88.00M | USD | 1 Quarter |
| Return of capital from unconsolidated affiliates |
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
|
$1.50M | USD | 1 Quarter |
| Other, net |
PaymentsForProceedsFromOtherInvestingActivities
|
$9.00M | USD | 1 Quarter |
| Other, net |
PaymentsForProceedsFromOtherInvestingActivities
|
$-5.10M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-677.30M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-1.07B | USD | 1 Quarter |
| Proceeds from borrowings under credit facilities |
ProceedsFromLinesOfCredit
|
$640.00M | USD | 1 Quarter |
| Proceeds from borrowings under credit facilities |
ProceedsFromLinesOfCredit
|
$765.00M | USD | 1 Quarter |
| Repayments of credit facilities |
RepaymentsOfLinesOfCredit
|
$795.00M | USD | 1 Quarter |
| Repayments of credit facilities |
RepaymentsOfLinesOfCredit
|
$280.00M | USD | 1 Quarter |
| Proceeds from borrowings under accounts receivable securitization facility |
ProceedsFromAccountsReceivableSecuritization
|
$378.00M | USD | 1 Quarter |
| Repayments of accounts receivable securitization facility |
RepaymentsOfAccountsReceivableSecuritization
|
$350.40M | USD | 1 Quarter |
| Repayments of accounts receivable securitization facility |
RepaymentsOfAccountsReceivableSecuritization
|
$50.00M | USD | 1 Quarter |
| Proceeds from issuance of senior notes |
ProceedsFromIssuanceOfSeniorLongTermDebt
|
$1.50B | USD | 1 Quarter |
| Redemption of senior notes |
RepaymentsOfSeniorDebt
|
$749.40M | USD | 1 Quarter |
| Principal payments of finance leases |
FinanceLeasePrincipalPayments
|
$2.70M | USD | 1 Quarter |
| Proceeds from issuance of common stock |
ProceedsFromIssuanceOfCommonStock
|
$58.10M | USD | 1 Quarter |
| Costs incurred in connection with financing arrangements |
PaymentOfFinancingAndStockIssuanceCosts
|
$400.00K | USD | 1 Quarter |
| Costs incurred in connection with financing arrangements |
PaymentOfFinancingAndStockIssuanceCosts
|
$12.80M | USD | 1 Quarter |
| Repurchase of shares and units under compensation plans |
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
$400.00K | USD | 1 Quarter |
| Repurchase of shares and units under compensation plans |
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
$9.60M | USD | 1 Quarter |
| Contributions from noncontrolling interests |
ProceedsFromMinorityShareholders
|
$196.80M | USD | 1 Quarter |
| Contributions from noncontrolling interests |
ProceedsFromMinorityShareholders
|
$280.10M | USD | 1 Quarter |
| Distributions to noncontrolling interests |
PaymentsOfDividendsMinorityInterest
|
$16.50M | USD | 1 Quarter |
| Distributions to noncontrolling interests |
PaymentsOfDividendsMinorityInterest
|
$18.60M | USD | 1 Quarter |
| Distributions to Partnership unitholders |
DistributionMadeToLimitedPartnerCashDistributionsPaid
|
$2.80M | USD | 1 Quarter |
| Distributions to Partnership unitholders |
DistributionMadeToLimitedPartnerCashDistributionsPaid
|
$2.80M | USD | 1 Quarter |
| Dividends paid to common and Series A preferred shareholders |
PaymentsOfOrdinaryDividends
|
$244.10M | USD | 1 Quarter |
| Dividends paid to common and Series A preferred shareholders |
PaymentsOfOrdinaryDividends
|
$222.60M | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$405.50M | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$654.40M | USD | 1 Quarter |
| Net change in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-107.20M | USD | 1 Quarter |
| Net change in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$82.60M | USD | 1 Quarter |
| Cash and cash equivalents, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$219.80M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$232.10M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$137.20M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$124.90M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$219.80M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$232.10M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$137.20M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$124.90M | USD | Point-in-time |
Stockholders Equity
35 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Preferred stock dividends, per share |
PreferredStockDividendsPerShareDeclared
|
$23.75 | USD | 1 Quarter |
| Preferred stock dividends, per share |
PreferredStockDividendsPerShareDeclared
|
$23.75 | USD | 1 Quarter |
| Common stock dividends, per share |
CommonStockDividendsPerShareDeclared
|
$0.91 | USD | 1 Quarter |
| Common stock dividends, per share |
CommonStockDividendsPerShareDeclared
|
$0.91 | USD | 1 Quarter |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$7.34B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$6.96B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$6.76B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$7.47B | USD | Point-in-time |
| Impact of accounting standard adoption |
NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfAdoptionQuantification
|
$5.20M | USD | 1 Quarter |
| Compensation on equity grants |
StockGrantedDuringPeriodValueSharebasedCompensationGross
|
$16.50M | USD | 1 Quarter |
| Compensation on equity grants |
StockGrantedDuringPeriodValueSharebasedCompensationGross
|
$13.20M | USD | 1 Quarter |
| Distribution equivalent rights |
DistributionEquivalentRights
|
$3.60M | USD | 1 Quarter |
| Distribution equivalent rights |
DistributionEquivalentRights
|
$3.30M | USD | 1 Quarter |
| Shares and units tendered for tax withholding obligations |
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
$9.60M | USD | 1 Quarter |
| Shares and units tendered for tax withholding obligations |
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
$400.00K | USD | 1 Quarter |
| Issuance of common stock |
StockIssuedDuringPeriodValueNewIssues
|
$57.70M | USD | 1 Quarter |
| Dividends - $23.75 per share |
DividendsPreferredStock
|
$22.90M | USD | 1 Quarter |
| Dividends - $23.75 per share |
DividendsPreferredStock
|
$22.90M | USD | 1 Quarter |
| Deemed dividends - accretion of beneficial conversion feature |
DeemedPreferredStockDividendAccretionOfBeneficialConversionFeature
|
$7.90M | USD | 1 Quarter |
| Deemed dividends - accretion of beneficial conversion feature |
DeemedPreferredStockDividendAccretionOfBeneficialConversionFeature
|
$7.00M | USD | 1 Quarter |
| Dividends - $0.91 per share |
DividendsCommonStock
|
$199.30M | USD | 1 Quarter |
| Dividends - $0.91 per share |
DividendsCommonStock
|
$211.30M | USD | 1 Quarter |
| Distributions to noncontrolling interests |
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
$21.40M | USD | 1 Quarter |
| Distributions to noncontrolling interests |
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
$19.30M | USD | 1 Quarter |
| Contributions from noncontrolling interests |
ContributionsFromNonControllingInterest
|
$280.10M | USD | 1 Quarter |
| Contributions from noncontrolling interests |
ContributionsFromNonControllingInterest
|
$196.80M | USD | 1 Quarter |
| Acquisition of related party |
NoncontrollingInterestIncreaseFromBusinessCombination
|
$1.20M | USD | 1 Quarter |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTax
|
$69.50M | USD | 1 Quarter |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTax
|
$-45.40M | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$38.90M | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$-24.70M | USD | 1 Quarter |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$7.34B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$6.96B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$6.76B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$7.47B | USD | Point-in-time |
Comprehensive Income
14 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income (loss) |
ProfitLoss
|
$38.90M | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$-24.70M | USD | 1 Quarter |
| Other comprehensive income (loss), pre-tax |
OtherComprehensiveIncomeLossBeforeTax
|
$-60.10M | USD | 1 Quarter |
| Other comprehensive income (loss), pre-tax |
OtherComprehensiveIncomeLossBeforeTax
|
$91.30M | USD | 1 Quarter |
| Other comprehensive income (loss), related income tax |
OtherComprehensiveIncomeLossTax
|
$-14.70M | USD | 1 Quarter |
| Other comprehensive income (loss), related income tax |
OtherComprehensiveIncomeLossTax
|
$21.80M | USD | 1 Quarter |
| Other comprehensive income (loss), after tax |
OtherComprehensiveIncomeLossNetOfTax
|
$69.50M | USD | 1 Quarter |
| Other comprehensive income (loss), after tax |
OtherComprehensiveIncomeLossNetOfTax
|
$-45.40M | USD | 1 Quarter |
| Comprehensive income (loss) |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$-70.10M | USD | 1 Quarter |
| Comprehensive income (loss) |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$108.40M | USD | 1 Quarter |
| Less: Comprehensive income (loss) attributable to noncontrolling interests |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$16.00M | USD | 1 Quarter |
| Less: Comprehensive income (loss) attributable to noncontrolling interests |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$14.20M | USD | 1 Quarter |
| Comprehensive income (loss) attributable to Targa Resources Corp. |
ComprehensiveIncomeNetOfTax
|
$92.40M | USD | 1 Quarter |
| Comprehensive income (loss) attributable to Targa Resources Corp. |
ComprehensiveIncomeNetOfTax
|
$-84.30M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.