2017 Q2 Form 10-Q Financial Statement
#000156459017015398 Filed on August 03, 2017
Income Statement
Concept | 2017 Q2 | 2016 Q4 | 2016 Q2 |
---|---|---|---|
Revenue | $1.868B | $2.013B | $1.313B |
YoY Change | 42.26% | 22.16% | -5.96% |
Cost Of Revenue | $1.421B | $1.544B | $1.145B |
YoY Change | 24.05% | 29.17% | -7.42% |
Gross Profit | $447.1M | $468.6M | $438.4M |
YoY Change | 1.98% | 1.91% | -6.98% |
Gross Profit Margin | 23.94% | 23.28% | 33.39% |
Selling, General & Admin | $51.00M | $48.90M | $47.00M |
YoY Change | 8.51% | 94.05% | -4.28% |
% of Gross Profit | 11.41% | 10.44% | 10.72% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $203.5M | $194.1M | $186.1M |
YoY Change | 9.35% | -1.07% | 14.24% |
% of Gross Profit | 45.52% | 41.42% | 42.45% |
Operating Expenses | $409.9M | $383.2M | $372.1M |
YoY Change | 10.16% | 3.85% | 6.34% |
Operating Profit | $37.20M | -$97.60M | $66.30M |
YoY Change | -43.89% | -52.83% | -41.01% |
Interest Expense | -$66.30M | -$70.10M | -$75.80M |
YoY Change | -12.53% | 85.94% | 5.57% |
% of Operating Profit | -178.23% | -114.33% | |
Other Income/Expense, Net | $4.400M | $0.00 | -$100.0K |
YoY Change | -4500.0% | -100.0% | -88.89% |
Pretax Income | -$35.40M | -$237.4M | -$12.90M |
YoY Change | 174.42% | -3.69% | -133.42% |
Income Tax | -$106.0M | -$96.70M | $1.700M |
% Of Pretax Income | |||
Net Earnings | $57.60M | -$140.6M | -$23.20M |
YoY Change | -348.28% | -39.37% | -197.48% |
Net Earnings / Revenue | 3.08% | -6.99% | -1.77% |
Basic Earnings Per Share | $0.14 | -$0.99 | -$0.33 |
Diluted Earnings Per Share | $0.14 | -$0.99 | -$0.33 |
COMMON SHARES | |||
Basic Shares Outstanding | 203.7M | 161.6M | |
Diluted Shares Outstanding | 205.0M | 161.6M |
Balance Sheet
Concept | 2017 Q2 | 2016 Q4 | 2016 Q2 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $99.00M | $74.00M | $171.0M |
YoY Change | -42.11% | -47.14% | 61.32% |
Cash & Equivalents | $98.70M | $73.50M | $170.9M |
Short-Term Investments | |||
Other Short-Term Assets | $66.00M | $36.40M | $85.00M |
YoY Change | -22.35% | 110.4% | -35.11% |
Inventory | $198.0M | $137.7M | $111.0M |
Prepaid Expenses | |||
Receivables | $550.0M | $674.6M | $490.0M |
Other Receivables | $2.000M | $67.00M | $0.00 |
Total Short-Term Assets | $914.9M | $1.007B | $857.0M |
YoY Change | 6.76% | 9.43% | -11.1% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $10.23B | $9.691B | $9.703B |
YoY Change | 5.4% | -0.12% | 0.2% |
Goodwill | $256.6M | $210.0M | $393.0M |
YoY Change | -34.71% | -49.64% | -29.56% |
Intangibles | |||
YoY Change | |||
Long-Term Investments | $218.4M | $240.8M | $250.0M |
YoY Change | -12.64% | -6.99% | -3.1% |
Other Assets | $19.70M | $63.50M | $72.00M |
YoY Change | -72.64% | -5.79% | -53.25% |
Total Long-Term Assets | $13.00B | $11.86B | $12.14B |
YoY Change | 7.09% | -3.47% | -1.65% |
TOTAL ASSETS | |||
Total Short-Term Assets | $914.9M | $1.007B | $857.0M |
Total Long-Term Assets | $13.00B | $11.86B | $12.14B |
Total Assets | $13.92B | $12.87B | $13.00B |
YoY Change | 7.06% | -2.57% | -2.34% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $483.0M | $574.0M | $440.0M |
YoY Change | 9.77% | 51.45% | 9.18% |
Accrued Expenses | $84.00M | $90.00M | $94.00M |
YoY Change | -10.64% | -7.22% | -1.05% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $500.0M | $275.0M | $225.0M |
YoY Change | 122.22% | 25.57% | 81.45% |
Total Short-Term Liabilities | $1.396B | $1.168B | $938.0M |
YoY Change | 48.78% | 33.46% | 10.74% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $3.938B | $4.606B | $4.847B |
YoY Change | -18.76% | -19.46% | -16.37% |
Other Long-Term Liabilities | $588.4M | $215.1M | $116.0M |
YoY Change | 407.24% | 15.09% | 38.1% |
Total Long-Term Liabilities | $4.526B | $4.821B | $4.963B |
YoY Change | -8.81% | -18.37% | -15.6% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $1.396B | $1.168B | $938.0M |
Total Long-Term Liabilities | $4.526B | $4.821B | $4.963B |
Total Liabilities | $5.922B | $5.989B | $7.545B |
YoY Change | -21.52% | -11.68% | -36.26% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$192.9M | -$187.3M | |
YoY Change | -796.28% | ||
Common Stock | |||
YoY Change | |||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | $34.30M | $32.20M | |
YoY Change | 12.2% | ||
Treasury Stock Shares | $513.9K | $479.2K | |
Shareholders Equity | $6.461B | $5.249B | $5.455B |
YoY Change | |||
Total Liabilities & Shareholders Equity | $13.92B | $12.87B | $13.00B |
YoY Change | 7.06% | -2.57% | -2.64% |
Cashflow Statement
Concept | 2017 Q2 | 2016 Q4 | 2016 Q2 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $57.60M | -$140.6M | -$23.20M |
YoY Change | -348.28% | -39.37% | -197.48% |
Depreciation, Depletion And Amortization | $203.5M | $194.1M | $186.1M |
YoY Change | 9.35% | -1.07% | 14.24% |
Cash From Operating Activities | $145.8M | $276.7M | $216.2M |
YoY Change | -32.56% | -18.43% | 12.84% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$383.4M | -$137.1M | -$117.6M |
YoY Change | 226.02% | -28.56% | -52.7% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$99.70M | $500.0K | $400.0K |
YoY Change | -25025.0% | 0.0% | -98.65% |
Cash From Investing Activities | -$483.1M | -$136.6M | -$117.2M |
YoY Change | 312.2% | -28.63% | -46.48% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $777.3M | ||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 356.0M | -207.7M | -42.60M |
YoY Change | -935.68% | 87.96% | 13.3% |
NET CHANGE | |||
Cash From Operating Activities | 145.8M | 276.7M | 216.2M |
Cash From Investing Activities | -483.1M | -136.6M | -117.2M |
Cash From Financing Activities | 356.0M | -207.7M | -42.60M |
Net Change In Cash | 18.70M | -67.60M | 56.40M |
YoY Change | -66.84% | -281.23% | -186.77% |
FREE CASH FLOW | |||
Cash From Operating Activities | $145.8M | $276.7M | $216.2M |
Capital Expenditures | -$383.4M | -$137.1M | -$117.6M |
Free Cash Flow | $529.2M | $413.8M | $333.8M |
YoY Change | 58.54% | -22.09% | -24.17% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2017Q2 | us-gaap |
Income Taxes Receivable
IncomeTaxesReceivable
|
2000000 | |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-200000 | ||
CY2017Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-35400000 | |
CY2016Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-12900000 | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-74800000 | ||
CY2016Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-100000 | |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-4000000 | ||
CY2016Q4 | us-gaap |
Income Taxes Receivable
IncomeTaxesReceivable
|
67800000 | |
CY2017Q2 | us-gaap |
Assets Current
AssetsCurrent
|
914900000 | |
CY2016Q4 | trgp |
Derivative Asset Before Effects Of Master Netting Arrangements Noncurrent
DerivativeAssetBeforeEffectsOfMasterNettingArrangementsNoncurrent
|
5100000 | |
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Equity Method Investments
EquityMethodInvestments
|
218400000 | |
CY2016Q4 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
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us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
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CY2017Q2 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
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Interest Income Expense Net
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Interest Income Expense Net
InterestIncomeExpenseNet
|
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Interest Income Expense Net
InterestIncomeExpenseNet
|
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Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
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Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
-16800000 | ||
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
-9200000 | ||
CY2017Q2 | us-gaap |
Gain Loss On Repurchase Of Debt Instrument
GainLossOnRepurchaseOfDebtInstrument
|
-10700000 | |
CY2016Q2 | us-gaap |
Gain Loss On Repurchase Of Debt Instrument
GainLossOnRepurchaseOfDebtInstrument
|
-3300000 | |
us-gaap |
Gain Loss On Repurchase Of Debt Instrument
GainLossOnRepurchaseOfDebtInstrument
|
-16500000 | ||
us-gaap |
Gain Loss On Repurchase Of Debt Instrument
GainLossOnRepurchaseOfDebtInstrument
|
21400000 | ||
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-10400000 | ||
CY2017Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-106000000 | |
CY2016Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
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us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
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us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
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CY2017Q2 | us-gaap |
Profit Loss
ProfitLoss
|
70600000 | |
CY2016Q2 | us-gaap |
Profit Loss
ProfitLoss
|
-14600000 | |
us-gaap |
Profit Loss
ProfitLoss
|
-39900000 | ||
us-gaap |
Profit Loss
ProfitLoss
|
-15200000 | ||
CY2017Q2 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
13000000 | |
CY2017Q2 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
-4200000 | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
101900000 | ||
us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
-1100000 | ||
CY2017Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
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CY2016Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
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CY2016Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
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CY2016Q4 | us-gaap |
Goodwill
Goodwill
|
210000000 | |
CY2017Q2 | trgp |
Derivative Asset Before Effects Of Master Netting Arrangements Noncurrent
DerivativeAssetBeforeEffectsOfMasterNettingArrangementsNoncurrent
|
17300000 | |
CY2017Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
3086800000 | |
CY2016Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
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CY2017Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
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CY2016Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
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CY2017Q2 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
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CY2017Q2 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
19700000 | |
CY2017Q2 | us-gaap |
Goodwill
Goodwill
|
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CY2016Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
63500000 | |
CY2017Q2 | us-gaap |
Assets
Assets
|
13918400000 | |
CY2016Q4 | us-gaap |
Assets
Assets
|
12871200000 | |
CY2017Q2 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
886000000 | |
CY2016Q4 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
843500000 | |
CY2016Q4 | trgp |
Derivative Liability Before Effects Of Master Netting Arrangements Current
DerivativeLiabilityBeforeEffectsOfMasterNettingArrangementsCurrent
|
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CY2017Q2 | trgp |
Debt Current Net Of Issuance Cost
DebtCurrentNetOfIssuanceCost
|
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Debt Current Net Of Issuance Cost
DebtCurrentNetOfIssuanceCost
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CY2017Q2 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
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CY2016Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
1167600000 | |
CY2017Q2 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
3937500000 | |
CY2016Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
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CY2017Q2 | trgp |
Derivative Liability Before Effects Of Master Netting Arrangements Noncurrent
DerivativeLiabilityBeforeEffectsOfMasterNettingArrangementsNoncurrent
|
5500000 | |
CY2016Q4 | trgp |
Derivative Liability Before Effects Of Master Netting Arrangements Noncurrent
DerivativeLiabilityBeforeEffectsOfMasterNettingArrangementsNoncurrent
|
26100000 | |
CY2017Q2 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
852900000 | |
CY2016Q4 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
941200000 | |
CY2016Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
215100000 | |
CY2017Q2 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
0 | |
CY2016Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
0 | |
CY2017Q2 | us-gaap |
Common Stock Value Outstanding
CommonStockValueOutstanding
|
200000 | |
CY2016Q4 | us-gaap |
Common Stock Value Outstanding
CommonStockValueOutstanding
|
200000 | |
CY2017Q2 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | |
CY2016Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | |
CY2017Q2 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
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CY2016Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
5506200000 | |
CY2016Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-187300000 | |
CY2017Q2 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
21500000 | |
CY2016Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-38300000 | |
CY2017Q2 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
34300000 | |
CY2016Q4 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
32200000 | |
CY2017Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
6460900000 | |
CY2016Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
5248600000 | |
CY2017Q2 | us-gaap |
Minority Interest
MinorityInterest
|
474300000 | |
CY2017Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
13313600000 | |
us-gaap |
Cost Of Purchased Oil And Gas
CostOfPurchasedOilAndGas
|
3074800000 | ||
us-gaap |
Cost Of Purchased Oil And Gas
CostOfPurchasedOilAndGas
|
2156200000 | ||
CY2017Q2 | us-gaap |
Operating Costs And Expenses
OperatingCostsAndExpenses
|
155200000 | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
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us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
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us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
92200000 | ||
us-gaap |
Natural Gas Midstream Revenue
NaturalGasMidstreamRevenue
|
498600000 | ||
us-gaap |
Natural Gas Midstream Revenue
NaturalGasMidstreamRevenue
|
542000000 | ||
CY2016Q2 | us-gaap |
Gas Gathering Transportation Marketing And Processing Revenue
GasGatheringTransportationMarketingAndProcessingRevenue
|
1583600000 | |
us-gaap |
Gas Gathering Transportation Marketing And Processing Revenue
GasGatheringTransportationMarketingAndProcessingRevenue
|
3980300000 | ||
us-gaap |
Gas Gathering Transportation Marketing And Processing Revenue
GasGatheringTransportationMarketingAndProcessingRevenue
|
3026000000 | ||
CY2017Q2 | us-gaap |
Cost Of Purchased Oil And Gas
CostOfPurchasedOilAndGas
|
1420600000 | |
CY2016Q2 | us-gaap |
Cost Of Purchased Oil And Gas
CostOfPurchasedOilAndGas
|
1145200000 | |
CY2016Q4 | us-gaap |
Assets Current
AssetsCurrent
|
1006800000 | |
CY2016Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
5724400000 | |
CY2017Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
13918400000 | |
CY2016Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
12871200000 | |
CY2017Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
200000 | |
CY2016Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
900000 | |
CY2016Q4 | us-gaap |
Minority Interest
MinorityInterest
|
475800000 | |
CY2017Q2 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
588400000 | |
CY2017Q2 | trgp |
Derivative Liability Before Effects Of Master Netting Arrangements Current
DerivativeLiabilityBeforeEffectsOfMasterNettingArrangementsCurrent
|
9500000 | |
CY2017Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
6935200000 | |
CY2017Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-192900000 | |
us-gaap |
Revenue Mineral Sales
RevenueMineralSales
|
2484000000 | ||
us-gaap |
Stock Granted During Period Value Sharebased Compensation Gross
StockGrantedDuringPeriodValueSharebasedCompensationGross
|
21500000 | ||
trgp |
Distribution Equivalent Rights
DistributionEquivalentRights
|
4600000 | ||
trgp |
Distribution Equivalent Rights
DistributionEquivalentRights
|
5100000 | ||
CY2016Q2 | trgp |
Deemed Preferred Stock Dividend
DeemedPreferredStockDividend
|
6500000 | |
trgp |
Deemed Preferred Stock Dividend
DeemedPreferredStockDividend
|
12500000 | ||
CY2017Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
28400000 | |
CY2016Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-52600000 | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-120000000 | ||
CY2017Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.14 | |
CY2016Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.33 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.61 | ||
CY2017Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.14 | |
CY2016Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.33 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.61 | ||
CY2017Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
203700000 | |
CY2016Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
161600000 | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
197800000 | ||
CY2017Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
205000000 | |
CY2016Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
161600000 | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
197800000 | ||
CY2017Q2 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.91 | |
CY2016Q2 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.91 | |
us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
1.82 | ||
CY2016Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
|
0 | |
us-gaap |
Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
|
36600000 | ||
us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
151000000 | ||
us-gaap |
Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
|
-41300000 | ||
trgp |
Contributions From Non Controlling Interest
ContributionsFromNonControllingInterest
|
19100000 | ||
trgp |
Noncontrolling Interest Increase Decrease From Business Combination
NoncontrollingInterestIncreaseDecreaseFromBusinessCombination
|
-966400000 | ||
us-gaap |
Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
|
-41300000 | ||
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
59800000 | ||
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
59800000 | ||
CY2016Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
5837100000 | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-67100000 | ||
us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
8200000 | ||
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-54600000 | ||
us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
19900000 | ||
us-gaap |
Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
|
-6900000 | ||
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-34500000 | ||
CY2016Q2 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
-63300000 | |
us-gaap |
Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
|
96400000 | ||
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
4800000 | ||
us-gaap |
Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
|
4000000 | ||
us-gaap |
Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
|
-108400000 | ||
us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
-69800000 | ||
us-gaap |
New Accounting Pronouncement Or Change In Accounting Principle Effect Of Adoption Quantification
NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfAdoptionQuantification
|
56100000 | ||
CY2016Q2 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
8600000 | |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
21800000 | ||
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
10700000 | ||
CY2017Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
57600000 | |
CY2016Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-23200000 | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-61700000 | ||
us-gaap |
Net Income Loss
NetIncomeLoss
|
-25900000 | ||
CY2017Q2 | us-gaap |
Dividends Preferred Stock
DividendsPreferredStock
|
22900000 | |
CY2016Q2 | us-gaap |
Dividends Preferred Stock
DividendsPreferredStock
|
22900000 | |
us-gaap |
Dividends Preferred Stock
DividendsPreferredStock
|
45800000 | ||
us-gaap |
Dividends Preferred Stock
DividendsPreferredStock
|
26700000 | ||
CY2017Q2 | trgp |
Deemed Preferred Stock Dividend
DeemedPreferredStockDividend
|
6300000 | |
trgp |
Deemed Preferred Stock Dividend
DeemedPreferredStockDividend
|
6500000 | ||
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-59100000 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.44 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.44 | ||
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
134100000 | ||
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
134100000 | ||
us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
1.82 | ||
CY2017Q2 | us-gaap |
Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
|
24100000 | |
CY2016Q2 | us-gaap |
Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
|
-78500000 | |
CY2017Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
15000000 | |
CY2016Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-48700000 | |
CY2017Q2 | us-gaap |
Other Comprehensive Income Loss Before Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToNoncontrollingInterest
|
0 | |
CY2016Q2 | us-gaap |
Other Comprehensive Income Loss Before Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToNoncontrollingInterest
|
0 | |
CY2017Q2 | us-gaap |
Other Comprehensive Income Loss Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossTaxPortionAttributableToNoncontrollingInterest
|
0 | |
CY2016Q2 | us-gaap |
Other Comprehensive Income Loss Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossTaxPortionAttributableToNoncontrollingInterest
|
0 | |
CY2017Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
|
0 | |
CY2017Q2 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
13000000 | |
CY2016Q2 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
8600000 | |
CY2017Q2 | us-gaap |
Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
|
24100000 | |
CY2016Q2 | us-gaap |
Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
|
-78500000 | |
CY2017Q2 | us-gaap |
Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
|
9100000 | |
CY2016Q2 | us-gaap |
Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
|
-29800000 | |
CY2017Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
15000000 | |
CY2016Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-48700000 | |
CY2017Q2 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
85600000 | |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-1900000 | ||
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-93000000 | ||
us-gaap |
Other Comprehensive Income Loss Before Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToNoncontrollingInterest
|
0 | ||
us-gaap |
Other Comprehensive Income Loss Before Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToNoncontrollingInterest
|
12500000 | ||
us-gaap |
Other Comprehensive Income Loss Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossTaxPortionAttributableToNoncontrollingInterest
|
0 | ||
us-gaap |
Other Comprehensive Income Loss Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossTaxPortionAttributableToNoncontrollingInterest
|
0 | ||
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
|
0 | ||
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
|
12500000 | ||
us-gaap |
Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
2100000 | ||
us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
1558500000 | ||
us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
-10000000 | ||
us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
-3200000 | ||
us-gaap |
Gain Loss On Sale Of Property
GainLossOnSaleOfProperty
|
-16200000 | ||
trgp |
Deemed Preferred Stock Dividend Accretion Of Beneficial Conversion Feature
DeemedPreferredStockDividendAccretionOfBeneficialConversionFeature
|
12500000 | ||
trgp |
Contributions From Non Controlling Interest
ContributionsFromNonControllingInterest
|
16500000 | ||
us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
21800000 | ||
us-gaap |
Gain Loss On Sale Of Property
GainLossOnSaleOfProperty
|
-900000 | ||
us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
23200000 | ||
us-gaap |
Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
|
96400000 | ||
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-187300000 | ||
us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
464500000 | ||
us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
457500000 | ||
us-gaap |
Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
|
-95900000 | ||
us-gaap |
Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
|
36600000 | ||
us-gaap |
Dividends Common Stock
DividendsCommonStock
|
356900000 | ||
us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
27300000 | ||
us-gaap |
Repayments Of Senior Debt
RepaymentsOfSeniorDebt
|
447600000 | ||
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
1573400000 | ||
us-gaap |
Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
|
12500000 | ||
CY2015Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
6250200000 | |
us-gaap |
Stock Granted During Period Value Sharebased Compensation Gross
StockGrantedDuringPeriodValueSharebasedCompensationGross
|
15200000 | ||
us-gaap |
Sale Of Stock Consideration Received Per Transaction
SaleOfStockConsiderationReceivedPerTransaction
|
36000000 | ||
us-gaap |
Stock And Warrants Issued During Period Value Preferred Stock And Warrants
StockAndWarrantsIssuedDuringPeriodValuePreferredStockAndWarrants
|
796800000 | ||
trgp |
Deemed Preferred Stock Dividend Accretion Of Beneficial Conversion Feature
DeemedPreferredStockDividendAccretionOfBeneficialConversionFeature
|
6500000 | ||
us-gaap |
Dividends Common Stock
DividendsCommonStock
|
197300000 | ||
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
527600000 | ||
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
307700000 | ||
us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
570800000 | ||
us-gaap |
Payments For Advance To Affiliate
PaymentsForAdvanceToAffiliate
|
600000 | ||
us-gaap |
Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
|
3200000 | ||
us-gaap |
Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
|
3900000 | ||
us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
12800000 | ||
us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
1400000 | ||
us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-1108600000 | ||
us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-305200000 | ||
us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
1926000000 | ||
us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
1067000000 | ||
us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
1916000000 | ||
us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
1457000000 | ||
us-gaap |
Proceeds From Accounts Receivable Securitization
ProceedsFromAccountsReceivableSecuritization
|
218500000 | ||
us-gaap |
Proceeds From Accounts Receivable Securitization
ProceedsFromAccountsReceivableSecuritization
|
121400000 | ||
us-gaap |
Repayments Of Accounts Receivable Securitization
RepaymentsOfAccountsReceivableSecuritization
|
243500000 | ||
us-gaap |
Repayments Of Accounts Receivable Securitization
RepaymentsOfAccountsReceivableSecuritization
|
115700000 | ||
trgp |
Open Market Purchases Of Senior Notes
OpenMarketPurchasesOfSeniorNotes
|
534300000 | ||
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
181200000 | ||
us-gaap |
Proceeds From Issuance Of Preferred Stock Preference Stock And Warrants
ProceedsFromIssuanceOfPreferredStockPreferenceStockAndWarrants
|
994100000 | ||
us-gaap |
Payment Of Financing And Stock Issuance Costs
PaymentOfFinancingAndStockIssuanceCosts
|
14900000 | ||
us-gaap |
Payment Of Financing And Stock Issuance Costs
PaymentOfFinancingAndStockIssuanceCosts
|
44300000 | ||
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
600000 | ||
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
400000 | ||
us-gaap |
Payments To Minority Shareholders
PaymentsToMinorityShareholders
|
12500000 | ||
us-gaap |
Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
|
16500000 | ||
us-gaap |
Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
|
19100000 | ||
us-gaap |
Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
|
21400000 | ||
us-gaap |
Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
|
6300000 | ||
us-gaap |
Distribution Made To Limited Partner Cash Distributions Paid
DistributionMadeToLimitedPartnerCashDistributionsPaid
|
5600000 | ||
us-gaap |
Distribution Made To Limited Partner Cash Distributions Paid
DistributionMadeToLimitedPartnerCashDistributionsPaid
|
144700000 | ||
us-gaap |
Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
|
403000000 | ||
us-gaap |
Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
|
201400000 | ||
trgp |
Payment Of Distribution Equivalent Rights
PaymentOfDistributionEquivalentRights
|
300000 | ||
us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
669300000 | ||
us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
-121600000 | ||
us-gaap |
Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
|
25200000 | ||
us-gaap |
Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
|
30700000 | ||
CY2015Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
140200000 | |
CY2016Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
170900000 | |
us-gaap |
Nature Of Operations
NatureOfOperations
|
<div> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Note 1 — Organization and Operations</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;"> </p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-style:italic;font-family:Times New Roman;font-size:10pt;text-transform:none;font-variant: normal;">Our Organization</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;"> </p> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Targa Resources Corp. (“TRC”) is a publicly traded Delaware corporation formed in October 2005. Our common stock is listed on the New York Stock Exchange under the symbol “TRGP.” In this Quarterly Report, unless the context requires otherwise, references to “we,” “us,” “our,” “the Company” or “Targa” are intended to mean our consolidated business and operations.</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;"> </p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-style:italic;font-family:Times New Roman;font-size:10pt;text-transform:none;font-variant: normal;">Our Operations</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;"> </p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company is engaged in the business of: </p> <div align="left"> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse; width:100%;"> <tr> <td valign="top" style="width:4.54%;white-space:nowrap"> <p style="text-align:justify;margin-top:6pt;margin-bottom:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td valign="top" style="width:4.54%;white-space:nowrap"> <p style="text-align:justify;margin-top:6pt;margin-bottom:0pt;font-family:'Times New Roman';font-size:15pt;line-height:11pt;">•</p></td> <td valign="top"> <p style="text-align:justify;margin-top:6pt;margin-bottom:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">gathering, compressing, treating, processing and selling natural gas;</p></td></tr></table></div> <div align="left"> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse; width:100%;"> <tr> <td valign="top" style="width:4.54%;white-space:nowrap"> <p style="text-align:justify;margin-top:6pt;margin-bottom:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td valign="top" style="width:4.54%;white-space:nowrap"> <p style="text-align:justify;margin-top:6pt;margin-bottom:0pt;font-family:'Times New Roman';font-size:15pt;line-height:11pt;">•</p></td> <td valign="top"> <p style="text-align:justify;margin-top:6pt;margin-bottom:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">storing, fractionating, treating, transporting and selling NGLs and NGL products, including services to LPG exporters;</p></td></tr></table></div> <div align="left"> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse; width:100%;"> <tr> <td valign="top" style="width:4.54%;white-space:nowrap"> <p style="text-align:justify;margin-top:6pt;margin-bottom:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td valign="top" style="width:4.54%;white-space:nowrap"> <p style="text-align:justify;margin-top:6pt;margin-bottom:0pt;font-family:'Times New Roman';font-size:15pt;line-height:11pt;">•</p></td> <td valign="top"> <p style="text-align:justify;margin-top:6pt;margin-bottom:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">gathering, storing and terminaling crude oil; and </p></td></tr></table></div> <div align="left"> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse; width:100%;"> <tr> <td valign="top" style="width:4.54%;white-space:nowrap"> <p style="text-align:justify;margin-top:6pt;margin-bottom:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td valign="top" style="width:4.54%;white-space:nowrap"> <p style="text-align:justify;margin-top:6pt;margin-bottom:0pt;font-family:'Times New Roman';font-size:15pt;line-height:11pt;">•</p></td> <td valign="top"> <p style="text-align:justify;margin-top:6pt;margin-bottom:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">storing, terminaling and selling refined petroleum products.</p></td></tr></table></div> <p style="text-align:justify;margin-top:12pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">See Note 21 – Segment Information for certain financial information regarding our business segments.</p> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;;font-size:4.5pt;"> </p></div> | ||
us-gaap |
Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
|
-9100000 | ||
CY2017Q2 | us-gaap |
Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
|
4600000 | |
CY2016Q2 | us-gaap |
Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
|
4900000 | |
trgp |
Accrued Tax Withholding Obligations
AccruedTaxWithholdingObligations
|
1500000 | ||
trgp |
Accrued Tax Withholding Obligations
AccruedTaxWithholdingObligations
|
0 | ||
us-gaap |
Debt Instrument Convertible Beneficial Conversion Feature
DebtInstrumentConvertibleBeneficialConversionFeature
|
0 | ||
trgp |
Change In Preferred Stock Dividends Payable Current
ChangeInPreferredStockDividendsPayableCurrent
|
0 | ||
trgp |
Change In Preferred Stock Dividends Payable Current
ChangeInPreferredStockDividendsPayableCurrent
|
22900000 | ||
trgp |
Accrued Distribution To Noncontrolling Interests
AccruedDistributionToNoncontrollingInterests
|
300000 | ||
trgp |
Prepaid Transaction Costs Reclassified In Additional Paid In Capital
PrepaidTransactionCostsReclassifiedInAdditionalPaidInCapital
|
0 | ||
trgp |
Prepaid Transaction Costs Reclassified In Additional Paid In Capital
PrepaidTransactionCostsReclassifiedInAdditionalPaidInCapital
|
4500000 | ||
us-gaap |
Stock Issued1
StockIssued1
|
0 | ||
us-gaap |
Stock Issued1
StockIssued1
|
100000 | ||
CY2017Q2 | trgp |
Outstanding Checks
OutstandingChecks
|
43100000 | |
CY2016Q4 | trgp |
Outstanding Checks
OutstandingChecks
|
30500000 | |
us-gaap |
Limited Liability Company Llc Or Limited Partnership Lp Managing Member Or General Partner Ownership Interest
LimitedLiabilityCompanyLLCOrLimitedPartnershipLPManagingMemberOrGeneralPartnerOwnershipInterest
|
0.02 | ||
CY2017Q2 | trgp |
General Partner Ownership Interest By Parent
GeneralPartnerOwnershipInterestByParent
|
1.00 | |
CY2017Q2 | trgp |
Number Of Partnership Common Units Owned
NumberOfPartnershipCommonUnitsOwned
|
16309594 | |
us-gaap |
Limited Liability Company Llc Or Limited Partnership Lp Members Or Limited Partners Ownership Interest
LimitedLiabilityCompanyLLCOrLimitedPartnershipLPMembersOrLimitedPartnersOwnershipInterest
|
0.088 | ||
CY2016Q1 | trgp |
Stock For Unit Transaction Conversion Ratio
StockForUnitTransactionConversionRatio
|
0.62 | |
CY2016Q1 | trgp |
Stock Issued During Period Shares Acquisitions In Exchange For Shares Of Acquiree
StockIssuedDuringPeriodSharesAcquisitionsInExchangeForSharesOfAcquiree
|
104525775 | |
us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.373 | ||
CY2017Q1 | us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
9200000 | |
CY2017Q1 | us-gaap |
Sale Of Stock Price Per Share
SaleOfStockPricePerShare
|
57.65 | |
CY2017Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
524200000 | |
CY2017Q1 | us-gaap |
Accounts Receivable Fair Value Disclosure
AccountsReceivableFairValueDisclosure
|
6700000 | |
CY2017Q2 | us-gaap |
Energy Related Inventory
EnergyRelatedInventory
|
187800000 | |
CY2016Q4 | us-gaap |
Energy Related Inventory
EnergyRelatedInventory
|
126900000 | |
CY2017Q2 | us-gaap |
Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
|
9900000 | |
CY2016Q4 | us-gaap |
Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
|
10800000 | |
CY2017Q2 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
2737400000 | |
CY2016Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
2036600000 | |
CY2017Q2 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
472700000 | |
CY2016Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
382600000 | |
CY2017Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
|
188400000 | |
CY2017Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
182700000 | |
CY2017Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
171700000 | |
CY2016Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
37200000 | |
CY2017Q2 | trgp |
Preferred Stock Dividends Payable Current
PreferredStockDividendsPayableCurrent
|
22900000 | |
CY2017Q2 | trgp |
Noncash Additional Paid In Capital
NoncashAdditionalPaidInCapital
|
0 | |
CY2016Q2 | trgp |
Noncash Additional Paid In Capital
NoncashAdditionalPaidInCapital
|
3120000000 | |
CY2016Q4 | trgp |
Preferred Stock Dividends Payable Current
PreferredStockDividendsPayableCurrent
|
22900000 | |
CY2017Q2 | trgp |
Noncash Accumulated Other Comprehensive Income Loss Net Of Tax
NoncashAccumulatedOtherComprehensiveIncomeLossNetOfTax
|
0 | |
CY2016Q2 | trgp |
Noncash Accumulated Other Comprehensive Income Loss Net Of Tax
NoncashAccumulatedOtherComprehensiveIncomeLossNetOfTax
|
55700000 | |
trgp |
Noncash Noncontrolling Interest Increase From Business Combination
NoncashNoncontrollingInterestIncreaseFromBusinessCombination
|
0 | ||
trgp |
Noncash Noncontrolling Interest Increase From Business Combination
NoncashNoncontrollingInterestIncreaseFromBusinessCombination
|
4119700000 | ||
CY2017Q2 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
19000000 | |
CY2016Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
15500000 | |
CY2017Q2 | trgp |
Noncash Deferred Tax Liabilities Noncurrent
NoncashDeferredTaxLiabilitiesNoncurrent
|
0 | |
CY2016Q2 | trgp |
Noncash Deferred Tax Liabilities Noncurrent
NoncashDeferredTaxLiabilitiesNoncurrent
|
943900000 | |
us-gaap |
Interest Costs Capitalized
InterestCostsCapitalized
|
4100000 | ||
us-gaap |
Interest Costs Capitalized
InterestCostsCapitalized
|
6300000 | ||
us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
2 | ||
CY2017Q2 | trgp |
Operating Margin
OperatingMargin
|
291900000 | |
CY2017Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
159500000 | |
CY2017Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
|
149600000 | |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
90100000 | ||
CY2016Q1 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
24000000 | |
us-gaap |
Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
|
46600000 | ||
us-gaap |
Cash Dividends Paid To Parent Company By Unconsolidated Subsidiaries
CashDividendsPaidToParentCompanyByUnconsolidatedSubsidiaries
|
7200000 | ||
trgp |
Contributions For Expansion Projects
ContributionsForExpansionProjects
|
1600000 | ||
CY2017Q2 | us-gaap |
Gas Purchase Payable Current
GasPurchasePayableCurrent
|
482700000 | |
CY2016Q4 | us-gaap |
Gas Purchase Payable Current
GasPurchasePayableCurrent
|
574400000 | |
CY2017Q2 | us-gaap |
Accounts Payable Other Current
AccountsPayableOtherCurrent
|
192200000 | |
CY2016Q4 | us-gaap |
Accounts Payable Other Current
AccountsPayableOtherCurrent
|
117000000 | |
CY2017Q2 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
53800000 | |
CY2016Q4 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
52300000 | |
CY2017Q2 | us-gaap |
Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
|
45000000 | |
CY2016Q4 | us-gaap |
Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
|
24200000 | |
CY2017Q2 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
29800000 | |
CY2017Q2 | us-gaap |
Collateralized Financings
CollateralizedFinancings
|
250000000 | |
CY2016Q4 | us-gaap |
Collateralized Financings
CollateralizedFinancings
|
275000000 | |
CY2017Q2 | us-gaap |
Unsecured Debt Current
UnsecuredDebtCurrent
|
250500000 | |
CY2016Q4 | us-gaap |
Unsecured Debt Current
UnsecuredDebtCurrent
|
0 | |
CY2017Q2 | us-gaap |
Debt Current
DebtCurrent
|
500500000 | |
CY2016Q4 | us-gaap |
Debt Current
DebtCurrent
|
275000000 | |
CY2017Q2 | us-gaap |
Deferred Finance Costs Current Net
DeferredFinanceCostsCurrentNet
|
400000 | |
CY2016Q4 | us-gaap |
Deferred Finance Costs Current Net
DeferredFinanceCostsCurrentNet
|
0 | |
CY2017Q2 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
3963000000 | |
CY2016Q4 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
4640100000 | |
CY2017Q2 | us-gaap |
Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
|
25500000 | |
CY2016Q4 | us-gaap |
Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
|
34100000 | |
CY2017Q2 | us-gaap |
Long Term Debt
LongTermDebt
|
4437600000 | |
CY2016Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
4881000000 | |
CY2017Q2 | us-gaap |
Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
|
20400000 | |
CY2016Q4 | us-gaap |
Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
|
13200000 | |
CY2017Q2 | us-gaap |
Asset Retirement Obligation
AssetRetirementObligation
|
49100000 | |
CY2016Q4 | us-gaap |
Asset Retirement Obligation
AssetRetirementObligation
|
64600000 | |
CY2017Q2 | us-gaap |
Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
|
77200000 | |
CY2016Q4 | us-gaap |
Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
|
68500000 | |
CY2017Q2 | us-gaap |
Deferred Revenue
DeferredRevenue
|
68300000 | |
CY2016Q4 | us-gaap |
Deferred Revenue
DeferredRevenue
|
69800000 | |
CY2017Q2 | us-gaap |
Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
|
17000000 | |
CY2016Q4 | us-gaap |
Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
|
12200000 | |
us-gaap |
Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
|
800000 | ||
us-gaap |
Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
|
21600000 | ||
us-gaap |
Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
|
3100000 | ||
us-gaap |
Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
|
1500000 | ||
CY2017Q1 | us-gaap |
Assets
Assets
|
13918400000 | |
CY2017Q1 | us-gaap |
Goodwill
Goodwill
|
256600000 | |
CY2017Q1 | us-gaap |
Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
|
434500000 | |
CY2016Q2 | trgp |
Operating Margin
OperatingMargin
|
299500000 | |
CY2016Q1 | us-gaap |
Assets
Assets
|
13000100000 | |
CY2016Q1 | us-gaap |
Goodwill
Goodwill
|
393000000 | |
CY2016Q1 | us-gaap |
Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
|
114900000 | |
trgp |
Operating Margin
OperatingMargin
|
598300000 | ||
CY2016Q1 | trgp |
Number Of Tranches
NumberOfTranches
|
2 | |
CY2016Q1 | us-gaap |
Proceeds From Issuance Of Preferred Stock Preference Stock And Warrants
ProceedsFromIssuanceOfPreferredStockPreferenceStockAndWarrants
|
994100000 | |
trgp |
Term Of Preferred Stock Warrants
TermOfPreferredStockWarrants
|
P7Y | ||
us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
24800000 | ||
trgp |
Proceeds From Issuance Of Preferred Stock Preference Stock And Warrants Net
ProceedsFromIssuanceOfPreferredStockPreferenceStockAndWarrantsNet
|
969300000 | ||
us-gaap |
Debt Instrument Convertible Beneficial Conversion Feature
DebtInstrumentConvertibleBeneficialConversionFeature
|
614400000 | ||
trgp |
Preference Stock Initial Relative Fair Value And Beneficial Conversion Feature Net
PreferenceStockInitialRelativeFairValueAndBeneficialConversionFeatureNet
|
614400000 | ||
trgp |
Accounting Conversion Price Of Convertible Preferred Stock
AccountingConversionPriceOfConvertiblePreferredStock
|
17.02 | ||
trgp |
Conversion Price Of Preferred Stock Into Common Stock
ConversionPriceOfPreferredStockIntoCommonStock
|
20.77 | ||
us-gaap |
Dividends Preferred Stock Cash
DividendsPreferredStockCash
|
45800000 | ||
us-gaap |
Dividend Payable Date To Be Paid Day Month And Year
DividendPayableDateToBePaidDayMonthAndYear
|
2017-08-14 | ||
CY2017Q2 | us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
17000000 | |
CY2017Q2 | us-gaap |
Sale Of Stock Price Per Share
SaleOfStockPricePerShare
|
46.10 | |
CY2017Q2 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
777300000 | |
CY2016 | trgp |
Warrants Exercised In Shares
WarrantsExercisedInShares
|
19983843 | |
trgp |
Warrants Exercised In Shares
WarrantsExercisedInShares
|
0 | ||
us-gaap |
Partners Capital Account Contributions
PartnersCapitalAccountContributions
|
1605000000 | ||
CY2017Q2 | us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
29200000 | |
CY2016Q2 | us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
29400000 | |
us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
58300000 | ||
us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
33200000 | ||
CY2017Q2 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
1300000 | |
CY2017Q2 | trgp |
Derivative Asset Before Effects Of Master Netting Arrangements
DerivativeAssetBeforeEffectsOfMasterNettingArrangements
|
53000000 | |
CY2016Q4 | trgp |
Derivative Asset Before Effects Of Master Netting Arrangements
DerivativeAssetBeforeEffectsOfMasterNettingArrangements
|
21900000 | |
CY2017Q2 | trgp |
Derivative Liability Before Effects Of Master Netting Arrangements
DerivativeLiabilityBeforeEffectsOfMasterNettingArrangements
|
15000000 | |
CY2016Q4 | trgp |
Derivative Liability Before Effects Of Master Netting Arrangements
DerivativeLiabilityBeforeEffectsOfMasterNettingArrangements
|
75200000 | |
CY2016Q4 | us-gaap |
Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
|
21900000 | |
CY2017Q2 | us-gaap |
Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
|
15000000 | |
CY2016Q4 | us-gaap |
Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
|
75200000 | |
CY2017Q2 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
7300000 | |
CY2016Q4 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
52000000 | |
CY2017Q2 | us-gaap |
Derivative Assets
DerivativeAssets
|
39800000 | |
CY2016Q4 | us-gaap |
Derivative Assets
DerivativeAssets
|
5700000 | |
CY2017Q2 | trgp |
Derivative Collateral Obligation Right To Return Reclaim Securities
DerivativeCollateralObligationRightToReturnReclaimSecurities
|
-5500000 | |
CY2016Q4 | trgp |
Derivative Collateral Obligation Right To Return Reclaim Securities
DerivativeCollateralObligationRightToReturnReclaimSecurities
|
7000000 | |
CY2017Q2 | us-gaap |
Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
|
38000000 | |
CY2017Q2 | trgp |
Price Risk Cash Flow Hedge Gain Loss Expected To Reclassify Into Earnings
PriceRiskCashFlowHedgeGainLossExpectedToReclassifyIntoEarnings
|
35400000 | |
CY2017Q2 | us-gaap |
Price Risk Cash Flow Hedge Unrealized Gain Loss To Be Reclassified During Next12 Months
PriceRiskCashFlowHedgeUnrealizedGainLossToBeReclassifiedDuringNext12Months
|
23700000 | |
CY2017Q2 | trgp |
Derivative Fair Value Of Asset Liability Net If Commodity Price Increases By10 Percent
DerivativeFairValueOfAssetLiabilityNetIfCommodityPriceIncreasesBy10Percent
|
31100000 | |
CY2017Q2 | trgp |
Derivative Fair Value Of Asset Liability Net If Commodity Price Decreases By10 Percent
DerivativeFairValueOfAssetLiabilityNetIfCommodityPriceDecreasesBy10Percent
|
107700000 | |
trgp |
Number Of Natural Gas Basis Swaps Categorized As Level3
NumberOfNaturalGasBasisSwapsCategorizedAsLevel3
|
27 | ||
CY2017Q2 | us-gaap |
Gain Loss On Sale Of Property
GainLossOnSaleOfProperty
|
-100000 | |
CY2017Q2 | us-gaap |
Taxes Excluding Income And Excise Taxes
TaxesExcludingIncomeAndExciseTaxes
|
200000 | |
CY2016Q2 | us-gaap |
Taxes Excluding Income And Excise Taxes
TaxesExcludingIncomeAndExciseTaxes
|
100000 | |
us-gaap |
Taxes Excluding Income And Excise Taxes
TaxesExcludingIncomeAndExciseTaxes
|
300000 | ||
us-gaap |
Taxes Excluding Income And Excise Taxes
TaxesExcludingIncomeAndExciseTaxes
|
200000 | ||
us-gaap |
Interest Paid Net
InterestPaidNet
|
109200000 | ||
us-gaap |
Interest Paid Net
InterestPaidNet
|
142200000 | ||
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
-67800000 | ||
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
1100000 | ||
trgp |
Non Cash Adjustment To Line Fill
NonCashAdjustmentToLineFill
|
8300000 | ||
trgp |
Non Cash Adjustment To Line Fill
NonCashAdjustmentToLineFill
|
16900000 | ||
trgp |
Impact Of Capital Expenditure Accruals On Plant And Equipment
ImpactOfCapitalExpenditureAccrualsOnPlantAndEquipment
|
80000000 | ||
us-gaap |
Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
|
609100000 | ||
trgp |
Operating Margin
OperatingMargin
|
598800000 | ||
CY2016Q2 | us-gaap |
Assets
Assets
|
13000100000 | |
CY2016Q2 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
0 | |
us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
0 | ||
CY2017Q2 | us-gaap |
Business Combination Recognized Identifiable Assets Acquired Goodwill And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet
|
987100000 | |
trgp |
Impact Of Capital Expenditure Accruals On Plant And Equipment
ImpactOfCapitalExpenditureAccrualsOnPlantAndEquipment
|
-16800000 | ||
trgp |
Transfers From Materials And Supplies To Property Plant And Equipment
TransfersFromMaterialsAndSuppliesToPropertyPlantAndEquipment
|
1500000 | ||
trgp |
Transfers From Materials And Supplies To Property Plant And Equipment
TransfersFromMaterialsAndSuppliesToPropertyPlantAndEquipment
|
900000 | ||
trgp |
Contribution Of Property Plant And Equipment To Investment In Unconsolidated Affiliates
ContributionOfPropertyPlantAndEquipmentToInvestmentInUnconsolidatedAffiliates
|
1000000 | ||
trgp |
Contribution Of Property Plant And Equipment To Investment In Unconsolidated Affiliates
ContributionOfPropertyPlantAndEquipmentToInvestmentInUnconsolidatedAffiliates
|
0 | ||
CY2016Q2 | us-gaap |
Goodwill
Goodwill
|
393000000 | |
us-gaap |
Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
|
291800000 | ||
CY2017Q2 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
0 | |
CY2017Q2 | trgp |
Other Operating And Non Operating Income Expense Net
OtherOperatingAndNonOperatingIncomeExpenseNet
|
-10800000 | |
CY2016Q2 | trgp |
Other Operating And Non Operating Income Expense Net
OtherOperatingAndNonOperatingIncomeExpenseNet
|
-7900000 | |
trgp |
Other Operating And Non Operating Income Expense Net
OtherOperatingAndNonOperatingIncomeExpenseNet
|
-53800000 | ||
trgp |
Other Operating And Non Operating Income Expense Net
OtherOperatingAndNonOperatingIncomeExpenseNet
|
10900000 |