Targa Resources Corp.
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of Targa Resources Corp. generated cash of $3,211,600,000, which is more than the previous year. Cash used in financing activities reached the amount of -$888,100,000 last year. Net change in cash is therefore -$77,300,000.
Cash Flow
| 2014 | 761.8M | -751.4M | 3.9M |
|---|---|---|---|
| 2015 | 1.03B | -2.39B | 1.42B |
| 2016 | 837.4M | -558.6M | -345.5M |
| 2017 | 939.5M | -1.89B | 1.01B |
| 2018 | 1.14B | -3.14B | 2.09B |
| 2019 | 1.38B | -3.07B | 1.78B |
| 2020 | 1.74B | -738.1M | -1.09B |
| 2021 | 2.30B | -473.2M | -1.91B |
| 2022 | 2.38B | -4.14B | 1.82B |
| 2023 | 3.21B | -2.40B | -888.1M |
TRGP Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 219M | 158.5M | 242.8M | 331.1M | 232.1M | 137.2M | 73.5M | 140.2M | 81M | 66.7M |
Operating activities | ||||||||||
Net income | 1.57B | 1.53B | 422.1M | -1.32B | 41.2M | 60.4M | 104.2M | -159.1M | -151.4M | 423M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 1.32B | 1.09B | 870.6M | 865.1M | 971.6M | 815.9M | 809.5M | 757.7M | 677.1M | 351M |
Stock-based compensation expense | 62.4M | 57.5M | 59.2M | 66.2M | 60.3M | 56.3M | 42.3M | 29.7M | 25M | 14.3M |
| Deferred income tax benefit | 62.4M | 57.5M | 59.2M | 66.2M | 60.3M | 56.3M | 42.3M | 29.7M | 25M | 14.3M |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 143.1M | 1.23B | -392.4M | -25.6M | -24.7M | -6.2M | -57.1M | -235.7M | 235.9M | 90.2M |
Inventories | 36M | -236.2M | 40.6M | -27.7M | -45M | -13.9M | -73.2M | -15.9M | 41.4M | -36.2M |
Accounts payable | 68.2M | -383M | 551.7M | 105.7M | 80.8M | 57.2M | 100.2M | 175.7M | -187.4M | -104.7M |
Cash generated by operating activities | 3.21B | 2.38B | 2.30B | 1.74B | 1.38B | 1.14B | 939.5M | 837.4M | 1.03B | 761.8M |
Investing activities | ||||||||||
Purchases Of Investments | 0 | -1.5M | -600K | -2.7M | -1M | -282M | -9.5M | -4.4M | -11.7M | 0 |
Investments In Property Plant And Equipment | -2.38B | -1.33B | -505.1M | -951.6M | -2.87B | -3.11B | -1.29B | -562.1M | -817.2M | -762.2M |
Acquisitions Net | 0 | -2.83B | 31.8M | 209.2M | -178.2M | -19.6M | -580.1M | -300K | -1.58B | 5.7M |
Cash generated by investing activities | -2.40B | -4.14B | -473.2M | -738.1M | -3.07B | -3.14B | -1.89B | -558.6M | -2.39B | -751.4M |
Financing activities | ||||||||||
Common Stock Issued | 0 | 0 | 2.25B | 3.77B | 0 | 0 | 1.66B | 0 | 780.4M | 0 |
Payments for dividends | -427.3M | -379.7M | -187.5M | -395.9M | -964.8M | -908.3M | -843.2M | -565.9M | -179M | -113M |
Repurchases of common stock | -429.5M | -1.22B | -53.2M | -268.2M | -13.9M | -4M | -3.4M | -3.6M | 0 | -7.4M |
Repayments of term debt | 1.33B | 4.69B | -3.42B | -3.79B | 1.12B | -1.68B | 156.9M | -1.16B | 1.32B | 163.2M |
Cash used in financing activities | -888.1M | 1.82B | -1.91B | -1.09B | 1.78B | 2.09B | 1.01B | -345.5M | 1.42B | 3.9M |
Net Change In Cash | -77.3M | 60.5M | -84.3M | -88.3M | 99M | 94.9M | 63.7M | -66.7M | 59.2M | 14.3M |
Cash at end of period | 141.7M | 219M | 158.5M | 242.8M | 331.1M | 232.1M | 137.2M | 73.5M | 140.2M | 81M |
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