# TARGA RESOURCES CORP. (TRGP) FY2024 Q3 Balance Sheet

- Company: TARGA RESOURCES CORP. (TRGP)
- Period: As of 2024-09-30
- Filing: Q3 FY2024 10-Q, filed 2024-11-05, accession number 0000950170-24-121370
- Page: https://plicit.ai/financials/trgp/fy2024-q3-balance-sheet
- Chart image: https://plicit.ai/charts/trgp-fy2024-q3-balance-sheet-sankey.png

## Chart details

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.