TARGA RESOURCES CORP. (TRGP) FY2024 Q3 Balance Sheet

TARGA RESOURCES CORP. (TRGP) FY2024 Q3 Balance Sheet

Balance sheet as of 2024-09-30. The chart shows assets, liabilities and equity at that date.

Assets

21,903,800,000 US dollars

Current assets

2,028,200,000 US dollars

Non-current assets

19,875,600,000 US dollars

Liabilities (calculated)

17,445,300,000 US dollars

Current liabilities

2,627,300,000 US dollars

Non-current liabilities

14,818,000,000 US dollars

Equity

4,458,500,000 US dollars

Noncontrolling interest

1,884,600,000 US dollars. Included in consolidated equity; this amount is not added again.

Trade receivables, net of allowances of $2.5 million and $2.5 million at September 30, 2024 and December 31, 2023

1,301,200,000 US dollars

Inventories

414,900,000 US dollars

Cash and cash equivalents

127,200,000 US dollars

Other current assets

109,900,000 US dollars

Assets from risk management activities

75,000,000 US dollars

Property, plant and equipment, net

17,425,200,000 US dollars

Intangible assets, net

2,070,700,000 US dollars

Investments in unconsolidated affiliates

177,300,000 US dollars

Other long-term assets

167,100,000 US dollars

Long-term assets from risk management activities

35,300,000 US dollars

Accounts payable

1,467,900,000 US dollars

Current debt obligations

653,300,000 US dollars

Accrued liabilities

320,700,000 US dollars

Interest payable

113,200,000 US dollars

Liabilities from risk management activities

72,200,000 US dollars

Long-term debt

13,601,400,000 US dollars

Deferred income taxes, net

793,700,000 US dollars

Other long-term liabilities

340,000,000 US dollars

Long-term liabilities from risk management activities

82,900,000 US dollars

Contingencies (see Note 12)

0 US dollars

Additional paid-in capital

3,106,200,000 US dollars

Retained earnings (deficit)

1,004,700,000 US dollars

Accumulated other comprehensive income (loss)

65,100,000 US dollars

Common Stock ($0.001 par value, 450,000,000 shares authorized as of September 30, 2024 and December 31, 2023)

200,000 US dollars

Noncontrolling interests

1,884,600,000 US dollars

Treasury stock, at cost (23,369,353 shares as of September 30, 2024 and 17,484,440 shares as of December 31, 2023)

negative 1,602,300,000 US dollars

Gross equity (calculated)

6,060,800,000 US dollars. Net equity plus the magnitudes of its negative contributions equals gross positive equity. The negative contributions enter this reconciliation as add-backs; their filed signs stay negative.

Chart connections

• Assets equal liabilities plus consolidated equity. Consolidated equity includes noncontrolling interests when reported.
• Treasury shares and other negative equity contributions reduce equity.