Targa Statements
TR
Targa Income Statement
B
M
USD (except Earnings per share)
Financial
Revenue
Cost of sales
Gross profit
Research and development
Selling, general and administrative
Total operating expenses
Operating income
Interest expense
Other income
Income before tax
Provision for income taxes
Net income
Diluted earnings per share
Shares outstanding after dilution
3 562
100
2 197.4
61.7
1 364.6
38.3
—
0
98.3
2.8
737.4
20.7
627.2
17.6
-173.1
-4.9
-0.1
-0.003
453.2
12.7
94.3
2.6
296.2
8.3
1.335
221.9
4 562.4
100
3 218
70.5
1 344.4
29.5
—
0
86.5
1.9
705
15.5
639.4
14
-225.8
-4.9
1.7
0.04
415.3
9.1
82.7
1.8
273
6
1.22
223.7
4 239.5
100
2 898.5
68.4
1 341
31.6
—
0
95.3
2.2
705.7
16.6
635.3
15
-175.2
-4.1
2.1
0.05
460.1
10.9
102.5
2.4
277.7
6.6
1.237
224.5
3 896.6
100
2 690
69
1 206.6
31
—
0
90
2.3
701.5
18
505.1
13
-172.1
-4.4
-0.1
-0.003
332.9
8.5
53.9
1.4
220
5.6
0.98
225.1
3 403.7
100
2 068.9
60.8
1 334.8
39.2
—
0
81
2.4
685.7
20.1
649.1
19.1
-163.2
-4.8
-2
-0.06
483.9
14.2
96.4
2.8
329.3
9.7
1.45
226.8
4 520.5
100
3 019
66.8
1 501.5
33.2
—
0
82.4
1.8
664.8
14.7
836.7
18.5
-168.2
-3.7
-3
-0.07
665.5
14.7
110.3
2.4
6.3
0.1
0.03
229.3
4 554.8
100
3 324.3
73
1 230.5
27
—
0
92.5
2
679.1
14.9
551.4
12.1
-145.2
-3.2
-0.5
-0.01
405.7
8.9
9.8
0.2
317.9
7
1.38
229.9
5 360.1
100
4 306.3
80.3
1 053.8
19.7
—
0
79.1
1.5
623.8
11.6
430
8
-124.1
-2.3
-14.6
-0.3
291.3
5.4
12
0.2
193.1
3.6
0.84
230.3
6 055.8
100
5 047.3
83.3
1 008.5
16.7
—
0
71
1.2
556.6
9.2
451.9
7.5
-79.8
-1.3
0.5
0.008
774.7
12.8
87.1
1.4
372.7
6.2
1.61
231.7
4 959.1
100
4 204.1
84.8
755
15.2
—
0
67.1
1.4
459.2
9.3
295.8
6
-88
-1.8
-0.5
-0.01
191.5
3.9
22.9
0.5
13.1
0.3
0.06
232.4
5 441.6
100
4 569.7
84
871.9
16
—
0
80.8
1.5
511.2
9.4
360.7
6.6
-166.5
-3.06
0.2
0.004
-257.9
-4.7
-8.7
-0.2
-335.4
-6.2
-1.47
228.6
4 459.7
100
3 614.7
81.1
845
18.9
—
0
67.3
1.5
478.5
10.7
366.5
8.2
-76.7
-1.7
0.2
0.004
290
6.5
2
0.04
160.4
3.6
0.58
276.4
3 415.9
100
2 709
79.3
706.9
20.7
—
0
63.7
1.9
461.1
13.5
245.8
7.2
-82
-2.4
0.1
0.003
162
4.7
6.6
0.2
34.4
1
0.15
231.3
3 632.7
100
2 836.3
78.1
796.4
21.9
—
0
61.4
1.7
452.3
12.5
344.1
9.5
-86.6
-2.4
0.1
0.003
242.9
6.7
15
0.4
124.6
3.4
0.45
274.7
2 572.8
100
1 758.3
68.3
814.5
31.7
—
0
74
2.9
549.3
21.4
265.2
10.3
-80.4
-3.1
1.5
0.06
184.5
7.2
38.5
1.5
-0.8
-0.03
—
229.2
2 115.1
100
1 303.2
61.6
811.9
38.4
—
0
58.6
2.8
516.4
24.4
295.5
14
-79.1
-3.7
1.4
0.07
204.1
9.6
31.9
1.5
36.9
1.7
0.16
233.8
1 523.5
100
860.6
56.5
662.9
43.5
—
0
61.5
4
449.8
29.5
213.1
14
-81.8
-5.4
0.8
0.05
153.9
10.1
-23.2
-1.5
48.9
3.2
0.21
233.8
2 048.9
100
1 188.3
58
860.6
42
—
0
60.5
3
495.3
24.2
365.3
17.8
-77.4
-3.8
—
0
-2 115.6
-103.3
-295.3
-14.4
-1 769.7
-86.4
-7.6
233
2 473.9
100
1 702.8
68.8
771.1
31.2
—
0
59.9
2.4
551.6
22.3
219.5
8.9
-72.9
-2.9
0.1
0.004
-93
-3.8
-77.9
-3.1
-144.4
-5.8
-0.62
232.8
1 902.5
100
1 328.1
69.8
574.4
30.2
—
0
72.6
3.8
532.8
28
41.6
2.2
-79.1
-4.2
—
0
28.3
1.5
-3.8
-0.2
-78.6
-4.1
-0.34
232.7
1 995.3
100
1 361.6
68.2
633.7
31.8
—
0
75.1
3.8
520
26.1
113.7
5.7
-68.9
-3.5
0.8
0.04
45.6
2.3
-3.3
-0.2
-41.2
-2.06
-0.18
232.4
2 299.4
100
1 726
75.1
573.4
24.9
—
0
83.4
3.6
512.1
22.3
61.3
2.7
-77.8
-3.4
-9.7
-0.4
-27.6
-1.2
-2.9
-0.1
-69.7
-3.03
-0.3
232.2
2 597.7
100
2 008.5
77.3
589.2
22.7
—
0
80
3.1
459.9
17.7
129.3
5
-60.7
-2.3
21
0.8
-120.4
-4.6
-32.2
-1.2
-137.2
-5.3
-0.6
230.5
2 986.4
100
2 383.5
79.8
602.9
20.2
—
0
63.2
2.1
526.2
17.6
76.7
2.6
-75.2
-2.5
-16.6
-0.6
-15.1
-0.5
-3.9
-0.1
-54
-1.8
-0.24
226.5
2 444.4
100
1 905.3
77.9
539.1
22.1
—
0
57
2.3
383.7
15.7
155.4
6.4
-60.1
-2.5
60.6
2.5
153.9
6.3
32.8
1.3
79
3.2
0.35
222.8
2 455.6
100
1 941
79
514.6
21
—
0
56.7
2.3
428.3
17.4
86.3
3.5
17.6
0.7
-56.1
-2.3
47.8
1.9
8.9
0.4
-7
-0.3
-0.03
218.7
2 702.8
2 168.3
534.5
—
53.9
421
113.5
-52.9
-25.9
34.4
4.7
253.7
1.17
216.2
2 131.8
1 663.1
468.7
—
49.9
414.3
54.4
-55.9
127
-252.5
-97.4
-197
-0.91
215.6
1 867.7
1 420.6
447.1
—
51
409.9
37.2
-66.3
4.4
-35.4
-106
28.4
0.14
205
2 112.6
1 654.2
458.4
—
48.7
407.9
50.5
-75.6
-8.5
-39.4
71.1
-148.3
-0.77
191.8
2 012.5
1 544
468.5
—
48.9
383.2
85.3
-70.1
—
-237.4
-96.7
-179.5
-0.99
181.1
1 652.3
1 222.7
429.6
—
46.1
378
51.6
-64.9
1.4
-11.9
-8.7
-39.4
-0.23
168
1 583.6
1 145.2
438.4
—
47
372.1
66.3
-75.8
—
-12.9
1.7
-52.6
-0.33
161.6
1 442.4
1 011
431.4
—
45.3
371.9
59.5
-57.7
-0.1
2.4
3.1
-6.5
-0.06
106.6
1 647.4
1 195.3
452.1
—
25.2
369
83.1
-37.7
-5.2
-246.5
-14.5
26.9
0.48
56.3
1 632.1
1 172.4
459.7
—
44.9
344.4
115.3
-72
2
44.8
24
12.7
0.23
56.1
1 699.4
1 237
462.4
—
49.1
349.9
112.5
-71.8
-23.4
38.7
14.8
15.3
0.28
55.8
1 679.7
1 268.3
411.4
—
42.5
273
138.4
-52.9
—
51.2
15.3
3.4
0.06
53.6
2 032.8
1 634.7
398.1
—
25.6
235.2
162.9
-36.4
—
106.7
14.4
25.5
0.61
42.1
2 288.3
1 880.5
407.8
—
43
239.1
168.7
-32.2
—
135.9
15.5
30.7
0.73
42.1
2 000.7
1 616.6
384.1
—
41.4
233.6
150.5
-31.5
—
119
15.6
26.5
0.63
42.6
2 294.7
1 915.1
379.6
—
38
221.2
158.4
-29
—
129.4
22.5
19.6
0.47
42.1
2 104.4
1 749.3
355.1
—
39
210
145.1
-31.5
—
113.6
17.9
20.5
0.49
42.1
1 466
1 169
297
—
37.7
208.5
88.5
-27.8
—
62.4
13
16.3
0.39
42.1
1 346.5
1 081.4
265.1
—
38.5
204.4
60.7
-29.5
—
30.3
7.9
14.9
0.35
42.7
1 397.8
1 137.5
260.3
—
36.3
186.4
73.9
-30.5
—
43.2
9.4
13.4
0.32
42