Targa Resources Corp.
Targa Resources Corp., together with its subsidiary, Targa Resources Partners LP, owns, operates, acquires, and develops a portfolio of midstream energy assets in North America. The company operates in two segments, Gathering and Processing, and Logistic…
Oil & Gas Midstream
US, Houston [HQ]
Cash Flow Statements
15 Sheets · Starting from 2023In Million USD. Margins, Growth Rates In %
| Metric | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||
| Operating Cash Flow (OCF) | 335.00 | 208.00 | 379.00 | 428.00 | 382.00 | 761.00 | 1,034.00 | 837.00 | 939.00 | 1,144.00 | 1,389.00 | 1,744.00 | 2,302.00 | 2,380.00 | 3,211.00 | |
| Operating Cash (Net) | 335.00 | 208.00 | 379.00 | 428.00 | 382.00 | 761.00 | 1,034.00 | 837.00 | 939.00 | 1,144.00 | 1,389.00 | 1,744.00 | 2,302.00 | 2,380.00 | 3,211.00 | |
| Accounts Receivable | -140.00 | -119.00 | - - | 98.00 | -143.00 | 90.00 | 235.00 | -235.00 | -57.00 | -6.00 | -24.00 | -25.00 | -392.00 | 1,230.00 | 143.00 | |
| Accounts Payable | - - | -15.00 | 102.00 | -113.00 | 83.00 | -104.00 | -187.00 | 175.00 | 100.00 | 57.00 | 80.00 | 105.00 | 551.00 | -383.00 | 68.00 | |
|
Working Capital
|
- - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| Change | 1.00 | -146.00 | -39.00 | -9.00 | -144.00 | -50.00 | 89.00 | -75.00 | -30.00 | 37.00 | 11.00 | 59.00 | 205.00 | -364.00 | 139.00 | |
| Other WC | 122.00 | - - | -101.00 | - - | - - | - - | 235.00 | -235.00 | -57.00 | -6.00 | -24.00 | 6.00 | 5.00 | -974.00 | -108.00 | |
| Investing Activities | ||||||||||||||||
| Used Cash (Net) | -59.00 | -134.00 | -509.00 | -1,590.00 | -1,026.00 | -751.00 | -2,399.00 | -558.00 | -1,892.00 | -3,146.00 | -3,071.00 | -738.00 | -473.00 | -4,149.00 | -3,510.00 | |
| Capital Expenditure | -99.00 | -139.00 | -331.00 | -582.00 | -1,013.00 | -762.00 | -817.00 | -562.00 | -1,297.00 | -3,114.00 | -2,877.00 | -951.00 | -505.00 | -1,334.00 | -2,385.00 | |
| Purchases of Investments | - - | - - | -21.00 | - - | - - | - - | -11.00 | -4.00 | -9.00 | -282.00 | -1.00 | -2.00 | - - | -1.00 | -24.00 | |
| Sale/Maturity of Investment | - - | - - | - - | - - | - - | - - | 1.00 | 4.00 | - - | 5.00 | 1.00 | 13.00 | 20.00 | 421.00 | 5.00 | |
| Property, Plant, Equipment (P&PE) | -99.00 | -139.00 | -331.00 | -582.00 | -1,013.00 | -762.00 | -817.00 | -562.00 | -1,297.00 | -3,114.00 | -2,877.00 | -951.00 | -505.00 | -1,334.00 | -2,385.00 | |
| Acquisitions (Net) | - - | - - | -156.00 | -1,012.00 | - - | 5.00 | -1,584.00 | - - | -580.00 | -19.00 | -178.00 | 209.00 | 31.00 | -2,836.00 | -1,104.00 | |
| Other Investing Activities | 40.00 | 4.00 | - - | 4.00 | -12.00 | 5.00 | 2.00 | 3.00 | -15.00 | -12.00 | -15.00 | -6.00 | -19.00 | -398.00 | -1.00 | |
| Financing Activities | ||||||||||||||||
| Used Cash (Net) | -386.00 | -137.00 | -87.00 | -1,093.00 | -634.00 | -3.00 | -1,424.00 | -345.00 | -1,016.00 | -2,097.00 | -1,781.00 | -1,094.00 | -1,914.00 | -1,829.00 | -888.00 | |
| Debt Repayment | -1,152.00 | - - | -2,082.00 | -1,787.00 | -2,177.00 | -163.00 | -3,678.00 | -1,160.00 | -81.00 | -1,680.00 | -5,415.00 | -3,794.00 | -3,429.00 | -37,123.00 | -1,336.00 | |
| Dividends Paid | - - | -448.00 | -38.00 | -273.00 | -362.00 | -113.00 | -179.00 | -565.00 | -843.00 | -908.00 | -964.00 | -395.00 | -187.00 | -379.00 | -427.00 | |
|
Common Stock
|
- - | 1 | - - | 503 | 538 | 7 | 446 | 3 | 3 | 4 | 27 | 4,039 | 2,303 | 1,225 | 429 | |
| Issued | - - | - - | - - | 493.00 | 524.00 | - - | 443.00 | - - | - - | - - | 13.00 | 3,771.00 | 2,250.00 | - - | - - | |
| Repurchased | - - | - - | - - | -9.00 | -13.00 | -7.00 | -3.00 | -3.00 | -3.00 | -4.00 | -13.00 | -268.00 | -53.00 | -1,225.00 | -429.00 | |
| Other Financing Activities | 765.00 | 310.00 | 2,207.00 | 2,670.00 | 2,662.00 | -38.00 | 4,841.00 | 1,384.00 | 1,781.00 | 1,330.00 | 8,161.00 | -407.00 | -493.00 | 40,558.00 | -1,367.00 | |
| Cash Balances | ||||||||||||||||
| Begin of Period | 362.00 | 252.00 | 188.00 | 145.00 | 76.00 | 66.00 | 81.00 | 140.00 | 73.00 | 137.00 | 232.00 | 331.00 | 242.00 | 158.00 | 219.00 | |
| End of Period | 252.00 | 188.00 | 145.00 | 76.00 | 66.00 | 81.00 | 140.00 | 73.00 | 137.00 | 232.00 | 331.00 | 242.00 | 158.00 | 219.00 | 141.00 | |
| Change | -110.00 | -64.00 | -42.00 | -69.00 | -9.00 | 14.00 | 59.00 | -66.00 | 63.00 | 94.00 | 99.00 | -88.00 | -84.00 | 60.00 | -77.00 | |
| Non-Cash Balances | ||||||||||||||||
| Depreciation and Amortization | 168.00 | 174.00 | 181.00 | 197.00 | 271.00 | 351.00 | 677.00 | 757.00 | 809.00 | 815.00 | 971.00 | 865.00 | 870.00 | 1,096.00 | 1,335.00 | |
| Stock Based Compensation | - - | 13.00 | 15.00 | 17.00 | 13.00 | 14.00 | 25.00 | 29.00 | 42.00 | 56.00 | 60.00 | 66.00 | 59.00 | 57.00 | 62.00 | |
| Other | 63.00 | 70.00 | -4.00 | 54.00 | 35.00 | 28.00 | 369.00 | 322.00 | 406.00 | 168.00 | 393.00 | 2,311.00 | 733.00 | -65.00 | 496.00 | |
| Highlighted metrics | ||||||||||||||||
| Free Cash Flow (FCF) | 236.00 | 69.00 | 47.00 | -154.00 | -630.00 | - - | 217.00 | 275.00 | -358.00 | -1,970.00 | -1,488.00 | 792.00 | 1,797.00 | 1,046.00 | 826.00 | |
| Cash Conversion Cycle (CCC) | 16.00 | 15.00 | 14.00 | -1.00 | 3.00 | 6.00 | 2.00 | 4.00 | -3.00 | -11.00 | -7.00 | -1.00 | -2.00 | 3.00 | - - | |
| Invested Capital | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
|
Other Operating Inflows/Outflows
|
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| Forex Effect on Cash | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | -890.00 |