CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Millions	Sep. 30, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 192.9	$ 158.5
Trade receivables, net of allowances of $2.2 million and $0.1 million at September 30, 2022 and December 31, 2021	1,534.9	1,331.9
Inventories	471.3	153.4
Assets from risk management activities	185.8	43.1
Other current assets	112.4	82.9
Total current assets	2,497.3	1,769.8
Property, plant and equipment, net	13,716.4	11,667.7
Intangible assets, net	2,839.7	1,094.8
Long-term assets from risk management activities	50.2	7.7
Investments in unconsolidated affiliates	136.4	586.5
Other long-term assets	149.9	81.7
Total assets	19,389.9	15,208.2
Current liabilities:
Accounts payable	1,806.4	1,402.3
Accrued liabilities	293.7	272.2
Distributions payable	25.2	64.5
Interest payable	100.9	138.5
Liabilities from risk management activities	401.0	258.2
Current debt obligations	766.5	162.8
Total current liabilities	3,393.7	2,298.5
Long-term debt	10,431.3	6,434.4
Long-term liabilities from risk management activities	165.1	109.3
Deferred income taxes, net	301.4	136.0
Other long-term liabilities	367.0	301.6
Contingencies (see Note 14)	0.0	0.0
Targa Resources Corp. stockholders' equity:
Common stock ($0.001 par value, 450,000,000 shares authorized as of September 30, 2022 and December 31, 2021)	0.2	0.2
Preferred stock ($0.001 par value, after designation of Series A Preferred Stock: 98,800,000 shares authorized, zero shares issued and outstanding)	0.0	0.0
Additional paid-in capital	3,767.8	4,268.9
Retained earnings (deficit)	(944.8)	(1,822.3)
Accumulated other comprehensive income (loss)	(6.7)	(230.9)
Treasury stock, at cost (11,426,758 shares as of September 30, 2022 and 7,884,171 shares as of December 31, 2021)	(432.0)	(204.1)
Total Targa Resources Corp. stockholders' equity	2,384.5	2,011.8
Noncontrolling interests	2,346.9	3,166.9
Total owners' equity	4,731.4	5,178.7
Total liabilities, Series A Preferred Stock and owners' equity	19,389.9	15,208.2
Series A Preferred Stock
Current liabilities:
Series A Preferred 9.5% Stock, $1,000 per share liquidation preference (1,200,000 shares authorized, zero and 919,300 shares issued and outstanding as of September 30, 2022 and December 31, 2021), net of discount (see Note 9)	$ 0.0	$ 749.7