CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions		Dec. 31, 2016	Dec. 31, 2015
Current assets:
Cash and cash equivalents		$ 73.5	$ 140.2
Trade receivables, net of allowances of $0.9 and $0.1 million at December 31, 2016 and 2015		674.6	515.8
Inventories		137.7	141.0
Assets from risk management activities		16.8	92.2
Income tax receivable		67.8	13.5
Other current assets		36.4	17.3
Total current assets		1,006.8	920.0
Property, plant and equipment		12,518.7	11,935.1
Accumulated depreciation		(2,827.7)	(2,232.4)
Property, plant and equipment, net		9,691.0	9,702.7
Intangible assets, net		1,654.0	1,810.1
Goodwill, net		210.0	417.0
Long-term assets from risk management activities		5.1	34.9
Investments in unconsolidated affiliates		240.8	258.9
Other long-term assets		63.5	67.4
Total assets	[1]	12,871.2	13,211.0
Current liabilities:
Accounts payable and accrued liabilities		843.5	650.4
Liabilities from risk management activities		49.1	5.2
Accounts receivable securitization facility	[2]	275.0	219.3
Total current liabilities		1,167.6	874.9
Long-term debt		4,606.0	5,718.8
Long-term liabilities from risk management activities		26.1	2.4
Deferred income taxes, net		941.2	177.8
Other long-term liabilities		215.1	186.9
Contingencies (see Note 20)		0.0	0.0
Targa Resources Corp. stockholders' equity:
Common stock value		0.2	0.1
Preferred stock ($0.001 par value, after designation of Series A Preferred Stock: 98,800,000 shares authorized, no shares issued and outstanding)		0.0	0.0
Additional paid-in capital		5,506.2	1,457.4
Retained earnings (deficit)		(187.3)	26.9
Accumulated other comprehensive income (loss)		(38.3)	5.7
Treasury stock, at cost (513,880 shares as of December 31, 2016 and 426,307 as of December 31, 2015)		(32.2)	(28.7)
Total Targa Resources Corp. stockholders' equity		5,248.6	1,461.4
Noncontrolling interests in subsidiaries		475.8	4,788.8
Total owners' equity		5,724.4	6,250.2
Total liabilities, Series A Preferred Stock and owners' equity		12,871.2	13,211.0
Series A Preferred Stock [Member]
Targa Resources Corp. stockholders' equity:
Series A Preferred 9.5% Stock, $1,000 per share liquidation preference, (1,200,000 shares authorized, issued and outstanding 965,100 shares), net of discount (see Note 12)		$ 190.8	$ 0.0

[1] Corporate assets at the segment level primarily include tax-related assets, cash, prepaids and debt issuance costs for our revolving credit facilities.

[2] While we consolidate the debt of the Partnership in our financial statements, we do not have the obligation to make interest payments or debt payments with respect to the debt of the Partnership.