xbrli:pure iso4217:USD utr:mi utr:in utr:bbl C008892 2023-01-01 2023-12-31 C008892 ScheduleCompaniesControlledByRespondentAbstract 2023-01-01 2023-12-31 C008892 ScheduleStatementOfAccumulatedOtherComprehensiveIncomeAndHedgingActivitiesAbstract 2023-01-01 2023-12-31 C008892 ScheduleAppropriatedRetainedIncomeAbstract 2023-01-01 2023-12-31 C008892 ScheduleInvestmentsInAffiliatedCompaniesAbstract 2023-01-01 2023-12-31 C008892 ScheduleInvestmentsInCommonStocksOfAffiliatedCompaniesAbstract 2023-01-01 2023-12-31 C008892 ScheduleInvestInComStocksOfAffiliatedCoCoControlledDirectlyByRespOtherThanThroughTitleToSecuritiesAbstract 2023-01-01 2023-12-31 C008892 ScheduleUndividedJointInterestPropertyAbstract 2023-01-01 2023-12-31 C008892 ScheduleAccruedDepreciationUndividedJointInterestPropertyAbstract 2023-01-01 2023-12-31 C008892 ScheduleAmortizationBaseAndReserveAbstract 2023-01-01 2023-12-31 C008892 ScheduleNoncarrierPropertyAbstract 2023-01-01 2023-12-31 C008892 ScheduleOtherDeferredChargesAbstract 2023-01-01 2023-12-31 C008892 ScheduleLongTermDebtAbstract 2023-01-01 2023-12-31 C008892 ScheduleCapitalStockAbstract 2023-01-01 2023-12-31 C008892 ScheduleCapitalStockChangesDuringTheYearAbstract 2023-01-01 2023-12-31 C008892 ScheduleIncomeFromNoncarrierPropertyAbstract 2023-01-01 2023-12-31 C008892 ScheduleInterestAndDividendIncomeAbstract 2023-01-01 2023-12-31 C008892 SchedulePaymentsForServicesRenderedByOtherThanEmployeesAbstract 2023-01-01 2023-12-31 C008892 ScheduleStatisticsOfOperationsOwnedByRespondentButOperatedByOthersAbstract 2023-01-01 2023-12-31 C008892 ScheduleFootnotesAbstract 2023-01-01 2023-12-31 C008892 Targa Downstream LLC 2023-01-01 2023-12-31 C008892 Targa Downstream LLC 2023-12-31 C008892 Chief Executive Officer, Matthew J. Meloy 2023-01-01 2023-12-31 C008892 Chief Financial Officer, Jennifer R. Kneale 2023-01-01 2023-12-31 C008892 Chief Accounting Officer, Julie H. Boushka 2023-01-01 2023-12-31 C008892 Chief Commercial Officer, Robert M. Muraro 2023-01-01 2023-12-31 C008892 President - Gathering and Processing, Patrick J. McDonie 2023-01-01 2023-12-31 C008892 President - Logistics and Transportation, D. Scott Pryor 2023-01-01 2023-12-31 C008892 Executive Vice President - General Counsel, Gerald Shrader 2023-01-01 2023-12-31 C008892 Executive Vice President - Operations, G. Clark White 2023-01-01 2023-12-31 C008892 Executive Vice President - Permian, Denny Latham 2023-01-01 2023-12-31 C008892 Jennifer Kneale - Director 2023-01-01 2023-12-31 C008892 Gerald Shrader - Director 2023-01-01 2023-12-31 C008892 2022-12-31 C008892 2023-12-31 C008892 2022-01-01 2022-12-31 C008892 ARO Accretion 2023-01-01 2023-12-31 C008892 Lease Accretion 2023-01-01 2023-12-31 C008892 ARO Accretion 2022-01-01 2022-12-31 C008892 Tax for Cont Operations 2023-01-01 2023-12-31 C008892 Other: 2023-01-01 2023-12-31 C008892 Lease Accretion 2023-01-01 2023-12-31 C008892 Lease WC 2023-01-01 2023-12-31 C008892 Abandonments 2023-01-01 2023-12-31 C008892 Other: 2023-01-01 2023-12-31 C008892 Settlement of Finance Leases 2023-01-01 2023-12-31 C008892 Other: 2023-01-01 2023-12-31 C008892 Contribution from Members 2023-01-01 2023-12-31 C008892 Contribution from Members 2022-01-01 2022-12-31 C008892 Other: 2023-01-01 2023-12-31 C008892 Leases 2023-01-01 2023-12-31 C008892 NCI Purchase 2023-01-01 2023-12-31 C008892 Leases 2022-01-01 2022-12-31 C008892 Other 2023-01-01 2023-12-31 C008892 2021-12-31 C008892 Targa Liquid Marketing and Trade, Accounts Receivable 2023-01-01 2023-12-31 C008892 Targa NGL Pipeline, Accounts Receivable 2023-01-01 2023-12-31 C008892 Minor Accounts, Accounts Receivable 2023-01-01 2023-12-31 C008892 Targa Liquid Marketing and Trade, Accounts Receivable 2023-12-31 C008892 Targa NGL Pipeline, Accounts Receivable 2023-12-31 C008892 Minor Accounts, Accounts Receivable 2023-12-31 C008892 Targa Resources LLC 2023-01-01 2023-12-31 C008892 Targa Downstream LLC 2023-01-01 2023-12-31 C008892 Targa Delaware LLC 2023-01-01 2023-12-31 C008892 Targa Train 10 LLC 2023-01-01 2023-12-31 C008892 Minor Accounts 2023-01-01 2023-12-31 C008892 Targa Resources LLC 2023-12-31 C008892 Targa Downstream LLC 2023-12-31 C008892 Targa Delaware LLC 2023-12-31 C008892 Targa Train 10 LLC 2023-12-31 C008892 Minor Accounts 2023-12-31 C008892 Defered Income Tax Assets/Liabilities: 2023-01-01 2023-12-31 C008892 Federal 2023-01-01 2023-12-31 C008892 State (Texas) 2023-01-01 2023-12-31 C008892 Other (Specify) 2023-01-01 2023-12-31 C008892 Accumulated Defered Income Tax Assets/Liabilities: 2023-01-01 2023-12-31 C008892 Federal 2022-12-31 C008892 State (Texas) 2022-12-31 C008892 Federal 2023-12-31 C008892 State (Texas) 2023-12-31 C008892 0 2023-01-01 2023-12-31 C008892 0 2023-01-01 2023-12-31 C008892 ferc:OilProductsMember 2022-01-01 2022-12-31 C008892 ferc:OilProductsMember 2023-01-01 2023-12-31 C008892 ferc:InterstateTransportationMember 2022-01-01 2022-12-31 C008892 ferc:InterstateTransportationMember 2023-01-01 2023-12-31 C008892 ferc:IntrastateTransportationMember 2022-01-01 2022-12-31 C008892 ferc:IntrastateTransportationMember 2023-01-01 2023-12-31 C008892 Alabama 2023-01-01 2023-12-31 C008892 Alaska 2023-01-01 2023-12-31 C008892 Arizona 2023-01-01 2023-12-31 C008892 Arkansas 2023-01-01 2023-12-31 C008892 California 2023-01-01 2023-12-31 C008892 Colorado 2023-01-01 2023-12-31 C008892 Connecticut 2023-01-01 2023-12-31 C008892 Delaware 2023-01-01 2023-12-31 C008892 Florida 2023-01-01 2023-12-31 C008892 Georgia 2023-01-01 2023-12-31 C008892 Hawaii 2023-01-01 2023-12-31 C008892 Idaho 2023-01-01 2023-12-31 C008892 Illinois 2023-01-01 2023-12-31 C008892 Indiana 2023-01-01 2023-12-31 C008892 Iowa 2023-01-01 2023-12-31 C008892 Kansas 2023-01-01 2023-12-31 C008892 Kentucky 2023-01-01 2023-12-31 C008892 Louisiana 2023-01-01 2023-12-31 C008892 Maine 2023-01-01 2023-12-31 C008892 Maryland 2023-01-01 2023-12-31 C008892 Massachusetts 2023-01-01 2023-12-31 C008892 Michigan 2023-01-01 2023-12-31 C008892 Minnesota 2023-01-01 2023-12-31 C008892 Mississippi 2023-01-01 2023-12-31 C008892 Missouri 2023-01-01 2023-12-31 C008892 Montana 2023-01-01 2023-12-31 C008892 Nebraska 2023-01-01 2023-12-31 C008892 Nevada 2023-01-01 2023-12-31 C008892 New Hampshire 2023-01-01 2023-12-31 C008892 New Jersey 2023-01-01 2023-12-31 C008892 New Mexico 2023-01-01 2023-12-31 C008892 New York 2023-01-01 2023-12-31 C008892 North Carolina 2023-01-01 2023-12-31 C008892 North Dakota 2023-01-01 2023-12-31 C008892 Ohio 2023-01-01 2023-12-31 C008892 Oklahoma 2023-01-01 2023-12-31 C008892 Oregon 2023-01-01 2023-12-31 C008892 Pennsylvania 2023-01-01 2023-12-31 C008892 Rhode Island 2023-01-01 2023-12-31 C008892 South Carolina 2023-01-01 2023-12-31 C008892 South Dakota 2023-01-01 2023-12-31 C008892 Tennessee 2023-01-01 2023-12-31 C008892 Texas 2023-01-01 2023-12-31 C008892 Utah 2023-01-01 2023-12-31 C008892 Vermont 2023-01-01 2023-12-31 C008892 Virginia 2023-01-01 2023-12-31 C008892 Washington 2023-01-01 2023-12-31 C008892 West Virginia 2023-01-01 2023-12-31 C008892 Wisconsin 2023-01-01 2023-12-31 C008892 Wyoming 2023-01-01 2023-12-31 C008892 District of Columbia 2023-01-01 2023-12-31 C008892 Other (Specify): 2023-01-01 2023-12-31 C008892 Interest on Bank Deposits 2023-01-01 2023-12-31 C008892 Settlement of Intercompany Payables 2023-01-01 2023-12-31 C008892 Settlement of Intercompany Receivables 2023-01-01 2023-12-31 C008892 ferc:WhollyOwnedAndOperatedByRespondentMember (A) - Grand Prix Pipeline LLC, TX, Sendero, TX/NM Border 2023-01-01 2023-12-31 C008892 ferc:WhollyOwnedAndOperatedByRespondentMember (A) - Grand Prix Pipeline LLC, TX, TX/NM Border, High Plains 2023-01-01 2023-12-31 C008892 (A) - Grand Prix Pipeline LLC, TX, Sendero, TX/NM Border 2023-01-01 2023-12-31 C008892 (A) - Grand Prix Pipeline LLC, TX, TX/NM Border, High Plains 2023-01-01 2023-12-31 C008892 ferc:WhollyOwnedAndOperatedByRespondentMember (A) - Grand Prix Pipeline LLC, TX, High Plains, Junction PS8 2023-01-01 2023-12-31 C008892 (A) - Grand Prix Pipeline LLC, TX, High Plains, Junction PS8 2023-01-01 2023-12-31 C008892 ferc:WhollyOwnedAndOperatedByRespondentMember (A) - Grand Prix Pipeline LLC, TX, Joyce , High Plains 2023-01-01 2023-12-31 C008892 (A) - Grand Prix Pipeline LLC, TX, Joyce , High Plains 2023-01-01 2023-12-31 C008892 ferc:WhollyOwnedAndOperatedByRespondentMember (A) - Grand Prix Pipeline LLC, TX, Junction PS8, Mt. Belvieu 2023-01-01 2023-12-31 C008892 (A) - Grand Prix Pipeline LLC, TX, Junction PS8, Mt. Belvieu 2023-01-01 2023-12-31 C008892 ferc:WhollyOwnedAndOperatedByRespondentMember 2023-01-01 2023-12-31 C008892 ferc:OilProductsTrunkMember 2023-01-01 2023-12-31 C008892 Texas, Various ferc:OilProductsMember 2023-01-01 2023-12-31 C008892 Oklahoma, Various ferc:OilProductsMember 2023-01-01 2023-12-31 C008892 Texas, Various 2023-01-01 2023-12-31 C008892 Oklahoma, Various 2023-01-01 2023-12-31 C008892 New Mexico, Various ferc:OilProductsMember 2023-01-01 2023-12-31 C008892 New Mexico, Various 2023-01-01 2023-12-31 Grand Prix Pipeline LLC Grand Prix Pipeline LLC 2017-08-31 Grand Prix Pipeline LLC Grand Prix Pipeline LLC Delaware N/A N/A N/A N/A <div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Use this Space to Enter any Important Changes During the Quarter/Year</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">1) N/A</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">2) On January 9, 2023, Targa completed the acquisition of Blackstone Energy Partners’ 25% interest in Grand Prix JV (the “Grand Prix Transaction”) for aggregate consideration of $1.05 billion in cash and a final closing adjustment of $41.9 million. Following the closing of the Grand Prix Transaction, Targa owns 100% of the interest in Grand Prix Pipeline LLC.</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">3) In November 2022, Targa announced plans to construct a new NGL pipeline (the “Daytona NGL Pipeline”) as an addition to our common carrier Grand Prix system. The pipeline will transport NGLs from the Permian Basin and connect to the 30-inch diameter segment of Grand Prix in North Texas, where volumes will be transported to our fractionation and storage complex in the NGL market hub at Mont Belvieu, Texas. The Daytona NGL Pipeline is expected to be in service in the fourth quarter of 2024.</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">4) N/A</span></div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">5) N/A</span> <div style="text-align:justify"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:12pt;font-weight:700;line-height:112%">Company Business</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Grand Prix Pipeline LLC (“Grand Prix JV” or the “Company”) is a limited liability company formed in August 2017 to design, construct and own a natural gas liquids (“NGL”) pipeline (the “Pipeline”) to transport NGL volumes from the Permian Basin to the NGL market hub at Mont Belvieu, Texas. In this report, unless the context requires otherwise, references to “we,” “us,” “our” or “the Company” are intended to mean our business and operations.</span></div><div style="text-align:justify;text-indent:6pt"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:112%">The Company was a wholly-owned subsidiary of Targa Downstream LLC (“Targa” or “Targa Downstream LLC” or “Managing Member” or “Operator”) prior to September 6, 2017 when BCP Grand Prix LLC (“Blackstone”) purchased a 25% interest in Grand Prix JV from Targa for $60.0 million. Targa contributed and assigned certain assets and agreements to Grand Prix JV, which included work- in-process property, plant and equipment, rights of way, permits and certain engineering, construction and logistics agreements. The Company treated Targa’s initial asset contribution as a common control transaction and recorded the contribution based on Targa historical amounts.</span></div><div style="text-align:justify;text-indent:6pt"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Concurrent with the purchase by Blackstone of its interest in Grand Prix JV from Targa, Targa Liquids Marketing and Trade LLC (“TLMT”) (an affiliate of Targa) and EagleClaw Midstream Ventures, LLC ("EagleClaw"), a Blackstone portfolio company, executed a long-term Raw Product Purchase Agreement (“RPP Agreement”) whereby EagleClaw dedicated and committed significant NGLs associated with EagleClaw's natural gas volumes produced or processed in the Delaware Basin to TLMT. The RPP Agreement is effective through June 30, 2034, at which date the agreement shall continue for successive twelve-month periods until written notice of at least 270 days is provided by either party.</span></div><div style="text-align:justify;text-indent:6pt"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:112%">In February 2018, Targa formed three development joint ventures (collectively, the “DevCo JVs”) with investment vehicles affiliated with Stonepeak Infrastructure Partners (“Stonepeak”). Grand Prix Development LLC (or “Grand Prix DevCo”) was formed to fund portions of Grand Prix JV, while the two other DevCo JVs were formed to fund two other Targa capital projects. We refer to the three projects collectively as the “DevCo Projects.”</span></div><div style="text-align:justify;text-indent:6pt"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:112%">For a four-year period beginning on the date that all three projects commenced commercial operations, Targa had the option to acquire all or part of Stonepeak’s interests in the DevCo JVs (the “DevCo JV Call Right”). The purchase price payable for such partial or full interests was based on a predetermined fixed return or multiple on invested capital, including distributions received by Stonepeak from the DevCo JVs. </span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:112%">In January 2022, Targa exercised the DevCo JV Call Right and closed on the purchase of all of Stonepeak’s interests in the DevCo JVs (the “DevCo JV Repurchase”). Following the DevCo JV Repurchase, Targa owned a 75% interest in the Permian to Mont Belvieu segment of Grand Prix through Grand Prix JV (prior to the Grand Prix Transaction, as defined below). </span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:112%">On January 9, 2023, Targa completed the acquisition of Blackstone Energy Partners’ 25% interest in Grand Prix JV (the “Grand Prix Transaction”) for aggregate consideration of $1.05 billion in cash and a final closing adjustment of $41.9 million. Following the closing of the Grand Prix Transaction, Targa owns 100% of the interest in Grand Prix Pipeline LLC.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Targa is the operator and was the construction manager of the Pipeline. TLMT is a committed shipper for 95% of the intrastate capacity on the Pipeline. The Pipeline is supported primarily by TLMT and EagleClaw NGL volume commitments. Construction was completed and the Pipeline began operations in the third quarter of 2019. A portion of the Pipeline within the Permian Basin was operational starting in April 2018.</span></div><div style="text-align:justify;text-indent:6pt"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Along with the Pipeline owned by Grand Prix JV, Targa’s affiliate, Targa NGL Pipeline Company LLC (“Targa NGL”), owns two additional segments. The Grand Prix JV pipeline along with the two additional Targa NGL segments are referred to as the “Targa Grand Prix Project” in this report.</span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:112%">In its entirety, the primary segments of the Targa Grand Prix Project are:</span></div><div style="text-align:justify;text-indent:6pt"><span><br/></span></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:112%">•</span><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:112%;padding-left:14.5pt">A 24-inch diameter pipeline segment with a length of approximately 589 miles from the Permian Basin to North Texas. The capacity of this pipeline segment from the Permian Basin is expandable to 600 thousand barrels per day (“MBbl/d”), with the addition of pump stations along the pipeline. This segment is part of Grand Prix JV.</span></div><div style="text-align:justify"><span><br/></span></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:122%">•</span><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:122%;padding-left:14.5pt">A pipeline segment from North Texas into southern Oklahoma. This segment is not part of Grand Prix JV.</span></div><div style="text-align:justify"><span><br/></span></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:112%">•</span><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:112%;padding-left:14.5pt">The two segments listed above connect to a 30-inch diameter pipeline segment with a length of approximately 275 miles from North Texas to Mont Belvieu (the “Mont Belvieu Segment”). The Mont Belvieu Segment transports Permian, North Texas and Oklahoma volumes to Mont Belvieu, and has a capacity expandable to 1000 MBbl/d, with the addition of pump stations along the pipeline. The volumes flowing through the Mont Belvieu Segment that originate from the Permian Basin are part of Grand Prix JV. Volumes originating from Oklahoma and North Texas flowing through the Mont Belvieu Segment are solely for Targa’s benefit and not part of Grand Prix JV.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:112%">We are constructing the Daytona NGL Pipeline as an addition to Grand Prix. The pipeline will transport NGLs from the Permian Basin and connect to the 30-inch diameter segment of Grand Prix in North Texas, where volumes will be transported to our fractionation and storage complex in the NGL market hub at Mont Belvieu, Texas. The Daytona NGL Pipeline is expected to be in service by the end of 2024. </span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:12pt;font-weight:700;line-height:112%">Regulation of Operations</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Pipeline operates predominately as an intrastate pipeline with a portion considered to be an interstate pipeline. During 2018, the Company began operating portions of the Pipeline, which transported mixed NGLs from the Permian Basin, including points in New Mexico and Texas, to intermediate points in Texas. The remainder of the Pipeline, including delivery to Mont Belvieu, Texas, began operations in the third quarter of 2019. As an intrastate NGL pipeline located in Texas, it is regulated by the Railroad Commission of Texas. As an interstate NGL pipeline, it is considered a common carrier pipeline subject to regulation by Federal Energy Regulatory Commission under the Interstate Commerce Act.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:112%">All actions proposed to be taken by or on behalf of the Company or any of its subsidiaries and all actions that pursuant to the LLC Agreement require action by, the approval of, or a determination by the Management Committee, shall require a majority vote or consent of the managers. Certain actions, including those identified in the LLC Agreement that are proposed to be taken by or on behalf of the Company or any of its subsidiaries shall require a 90%, or “super majority” vote or consent of the managers.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:12pt;font-weight:700;line-height:112%">Basis of Presentation</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:112%">The financial statements and supporting schedules were prepared in accordance with the Uniform System of Accounts as prescribed by the Federal Energy Regulatory Commission (“FERC”). The FERC-approved tariff establishes rates, terms and conditions under which the Company provides services to its customers. The Uniform System of Accounts is a comprehensive basis of accounting other than accounting principles generally accepted in the United States of America (“GAAP”). Financial accounting and reporting differences between FERC and GAAP are principally related to account classifications such as but not limited to: Plant held for sale is a current asset for GAAP and is included in gas plant for FERC; costs incurred and revenues collected for future plant retirement costs are classified as a regulatory liability for GAAP and as accumulated provision for depreciation for FERC; and deferred tax assets and liabilities are presented as gross assets and liabilities for FERC purposes, but are netted for GAAP. </span></div><div><span><br/></span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:12pt;font-weight:700;line-height:112%">Income Taxes</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Income taxes are recorded in accordance with the FERC Policy Statement on Income Tax Allowances permitting the accrual of income taxes on a pass-through entity. Deferred income taxes are recognized for differences between the financial reporting and tax bases of assets and liabilities at enacted statutory tax rates in effect for the years in which the differences </span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:112%">are expected to reverse. Actual income taxes could vary from these estimates due to future changes in income tax law or results from the final review of tax returns by federal or state authorities. </span></div><div><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:112%">The Company is organized as a limited liability company and is treated as a partnership for U.S. federal and state income tax purposes. As such, the Company is generally not subject to federal or state income taxes. All revenues and expenses of the Company are reportable in the federal and state income tax returns of its Members.</span></div><div><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:112%">FERC allows adjustments to the financial statements for allowable income taxes. The below table describes the state and federal income tax provision at December 31, 2023 and the related effective tax rate.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"/><td style="width:71.816%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:25.984%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:700;line-height:120%">TOTAL PROVISION</span></td><td colspan="3" style="padding:0 1pt"/></tr><tr style="height:14pt"><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Increment to State Deferred Income Tax</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">186,314 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Increment to Federal Deferred Income Tax</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">62,787,459 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Current Provision/(Benefit) - State</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">4,792,126 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Current Provision/(Benefit) - Federal</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">60,956,447 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:14pt"><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Total 2023 Provision/(benefit)</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:700;line-height:120%">128,722,346</span><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:14pt"><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Effective Tax Rate</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:700;line-height:120%">21.66</span><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:700;line-height:120%">%</span></td></tr></table></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:12pt;font-weight:700;line-height:112%">Property, Plant and Equipment </span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Property, plant and equipment as of December 31, 2023 and December 31, 2022, consists of pipeline assets, rights of way and construction in progress for the Pipeline. </span></div><div><span><br/></span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:92.857%"><tr><td style="width:1.0%"/><td style="width:46.175%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:19.092%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:18.451%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.882%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:700;line-height:120%;text-decoration:underline">December 31, 2023</span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:700;line-height:120%;text-decoration:underline">December 31, 2022</span></td><td colspan="3" style="padding:2px 1pt;text-align:center;text-indent:1.6pt;vertical-align:top"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:700;line-height:112%;text-decoration:underline">Useful Life</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;text-indent:3.55pt;vertical-align:top"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Pipeline</span></td><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$</span></td><td style="padding:2px 0;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">1,541,462,933 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$</span></td><td style="padding:2px 0;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">1,467,692,083 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="padding:2px 1pt;text-align:center;text-indent:1.6pt;vertical-align:top"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> 20 - 25 </span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;text-indent:3.6pt;vertical-align:top"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Rights of Way</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">248,682,322 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">245,328,973 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="padding:2px 1pt;text-align:center;text-indent:1.6pt;vertical-align:top"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> 20 - 25 </span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;text-indent:3.6pt;vertical-align:top"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Other Property, Plant and Equipment</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">2,457,543 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">2,085,543 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="padding:2px 1pt;text-align:center;text-indent:1.6pt;vertical-align:top"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> 20 - 25 </span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;text-indent:3.6pt;vertical-align:top"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Construction in Progress</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">289,495,046 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">107,098,597 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">—</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;text-indent:3.6pt;vertical-align:top"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:88%">Finance Lease, Right-of-use Assets</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:88%">3,532,229 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:88%">2,130,350 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:88%">5</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;text-indent:22.5pt;vertical-align:top"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Property, Plant and Equipment</span></td><td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:700;line-height:112%">2,085,630,073</span><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:112%"> </span></td><td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:700;line-height:112%">1,824,335,546</span><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:112%"> </span></td><td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;text-indent:22.5pt;vertical-align:top"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:88%">Accumulated Depreciation</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:88%">(308,939,971)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:88%">(238,144,507)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;text-indent:41.4pt;vertical-align:top"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:89%">Property, Plant and Equipment, net</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:700;line-height:89%">$</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:700;line-height:89%">1,776,690,102</span><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:89%"> </span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td style="border-bottom:3pt double #000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:700;line-height:89%">$</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:700;line-height:89%">1,586,191,039</span><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:89%"> </span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="padding:0 1pt"/></tr></table></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:112%">For the years ended December 31, 2023 and December 31, 2022, depreciation expense was $71.4million and $66 million.</span></div><div><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:12pt;font-weight:700;line-height:112%">Asset Retirement Obligations</span></div><div><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Our ARO primarily relates to our pipeline assets. </span><span style="background-color:#ffffff;color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:112%">The changes in our ARO are as follows:</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:80.803%"><tr><td style="width:1.0%"/><td style="width:53.227%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:22.104%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:21.369%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:700;line-height:120%;text-decoration:underline">December 31, 2023</span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:700;line-height:120%;text-decoration:underline">December 31, 2022</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;text-indent:3.55pt;vertical-align:top"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Beginning Period</span></td><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$</span></td><td style="padding:2px 0;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">10,838,076 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$</span></td><td style="padding:2px 0;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">10,220,101 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;text-indent:3.6pt;vertical-align:top"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Additions</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">2,177,480 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">68,949 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;text-indent:3.6pt;vertical-align:top"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Accretion</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">579,112 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">549,026 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;text-indent:3.6pt;vertical-align:top"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">End of Period</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:700;line-height:89%">$</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:700;line-height:89%">13,594,668</span><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:89%"> </span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td style="border-bottom:3pt double #000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:700;line-height:89%">$</span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:700;line-height:89%">10,838,076</span><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:89%"> </span></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr></table></div> C008892 6 Grand Prix Pipeline LLC 2023 Q4 N/A 811 Lousiana Street, Suite 2100, Houston, Texas 77002 Nick Deimling Property Accounting Manager 811 Lousiana Street, Suite 2100, Houston, Texas 77002 713-584-1967 O 2024-06-17 Chris Eklof VP Controller Finance Chris Eklof 2024-06-17 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A Not Prepared Targa Downstream LLC DE 1.00 Chief Executive Officer Chief Financial Officer 1 2 Chief Accounting Officer 3 Chief Commercial Officer 4 President - Gathering and Processing 5 President - Logistics and Transportation 6 Executive Vice President - General Counsel 7 Executive Vice President - Operations 8 Executive Vice President - Permian 9 Matthew J. Meloy Jennifer R. Kneale Julie H. Boushka Robert M. Muraro Patrick J. McDonie D. Scott Pryor Gerald Shrader G. Clark White Denny Latham 811 Louisiana Suite 2100 Houston, TX 77002 Jennifer Kneale - Director Gerald Shrader - Director 1 2 811 Louisiana Suite 2100 Houston, TX 77002 39652886 763590868 47106933 2921574 1591020 1668561 766512442 90019400 2085630073 1824335546 308939971 238144507 1776690102 1586191039 1776690102 1586191039 2543202544 1676210439 327692808 47167566 58143803 13642081 15516483 11922810 647417 421113 402000511 73153570 1947385 775174 240166907 177193134 13594668 10838076 255708960 188806384 657709471 261959954 1414250485 1414250485 471242588 1885493073 1414250485 2543202544 1676210439 782471311 548078603 188275005 153747445 594196306 394331158 80598 37817 -119429 -333689 38831 295872 594235137 394627030 65748573 9317993 62973773 90969697 465512791 294339340 465512791 294339340 465512791 294339340 465512791 294339340 36278902 33469008 501791693 327808348 30549105 327808348 30549105 327808348 471242588 471242588 71445057 66019014 ARO Accretion Lease Accretion 6 7 579112 549026 62973773 90969697 Tax for Cont Operations 9 716145929 5212312 313830692 20991459 Other: Lease Accretion 14 15 Lease WC 16 Abandonments 17 198195496 467656224 237150295 122564319 Other: 237150295 122564319 32523 Settlement of Finance Leases -125497 -237275792 -122531796 Other: Contribution from Members 63 64 457347122 71641838 Other: 457347122 71641838 Leases NCI Purchase 75 76 572590 457347122 411621 393309072 Other -572590 -322078855 -39652886 23045573 39652886 16607313 Targa Liquid Marketing and Trade Targa NGL Pipeline 1 2 Minor Accounts 3 Accounts Receivable Accounts Receivable Accounts Receivable 678823379 84500583 266906 854130 542107 542107 542107 1396237 245328973 5081926 5081926 -1728577 3353349 248682322 1184309891 34054679 34054679 -70668821 -36614142 1147695749 12708172 12708172 131495192 34232447 34232447 165727639 2058772 366910 366910 366910 2425682 129381681 44229572 44229572 29203386 73432958 202814639 26771 5090 5090 5090 31861 2130351 1719598 712410 1007188 394690 1401878 3532229 8943017 2177480 2177480 2177480 11120497 1717236950 88177362 712410 87464952 -8566875 78898077 1796135027 107098596 279086255 -84229731 194856524 -12460074 182396450 289495046 107098596 279086255 -84229731 194856524 -12460074 182396450 289495046 1824335546 279086255 3947631 712410 282321476 -21026949 261294527 2085630073 63091711 39619110 709549 103420370 161868145 23551903 185420048 720457 253749 974206 5499173 2862183 8361356 343375 169802 513177 4628726 3952569 -725525 7855770 998 4677 5675 821527 586244 78793 1486564 712410 -712410 1170395 444820 1615215 238144507 71445057 712410 62817 308939971 238144507 71445057 712410 62817 308939971 Targa Resources LLC Targa Downstream LLC 1 2 Targa Delaware LLC 3 Targa Train 10 LLC 4 Minor Accounts 5 Accounts Payable Accounts Payable Accounts Payable Accounts Payable Accounts Payable 320801587 4960946 636035 620914 673326 Defered Income Tax Assets/Liabilities: Federal 1 2 State (Texas) 3 Other (Specify) 6 Accumulated Defered Income Tax Assets/Liabilities: 11 175256475 1936659 62787459 186314 238043934 2122973 177193134 62973773 240166907 0 0 525798139 757530966 525798139 757530966 22280464 24940345 22280464 24940345 548078603 782471311 71705756 91179067 454092383 666351899 71705756 91179067 454092383 666351899 525798139 757530966 Alabama Alaska 1 2 Arizona 3 Arkansas 4 California 5 Colorado 6 Connecticut 7 Delaware 8 Florida 9 Georgia 10 Hawaii 11 Idaho 12 Illinois 13 Indiana 14 Iowa 15 Kansas 16 Kentucky 17 Louisiana 18 Maine 19 Maryland 20 Massachusetts 21 Michigan 22 Minnesota 23 Mississippi 24 Missouri 25 Montana 26 Nebraska 27 Nevada 28 New Hampshire 29 New Jersey 30 New Mexico 31 New York 32 North Carolina 33 North Dakota 34 Ohio 35 Oklahoma 36 Oregon 37 Pennsylvania 38 Rhode Island 39 South Carolina 40 South Dakota 41 Tennessee 42 Texas 43 Utah 44 Vermont 45 Virginia 46 Washington 47 West Virginia 48 Wisconsin 49 Wyoming 50 District of Columbia 51 Other (Specify): 52 375211 15053109 15428320 15428320 660 Interest on Bank Deposits 119429 710 Settlement of Intercompany Payables 36278902 720 Settlement of Intercompany Receivables 30549105 Grand Prix Pipeline LLC, TX Grand Prix Pipeline LLC, TX 1 2 Grand Prix Pipeline LLC, TX 3 Grand Prix Pipeline LLC, TX 4 Grand Prix Pipeline LLC, TX 5 Sendero TX/NM Border High Plains Joyce Junction PS8 TX/NM Border High Plains Junction PS8 High Plains Mt. Belvieu 21 254 267 47 275 24 24 24 24 30 864 864 116829948 87728431 71445057 66019014 505953 439760 5831288 1547411642 1595716529 164384367 1711796009 1595716529 0.5000 0.5115 0.5000 0.4885 0.0503 0.0550 0.1300 0.1300 0.0902 0.0916 43051670 44891495 111266741 101335978 154318410 146227473 30763819 34594528 0.2166 0.2541 379694475 335009206 91179067 71705756 27220537 24222502 11770550680 10260135754 19084512 19084512 19084512 8611291 8611291 8611291 8759321 8759321 8759321 20716837 20716837 20716837 16619417 16619417 16619417 1768478 1768478 1768478 75559856 75559856 75559856 356675 356675 356675 3075697 3075697 3075697 631122 631122 631122 71000237 71000237 71000237 444820 444820 444820 12248795 12248795 12248795 6735835 6735835 6735835 15428320 15428320 2214536 2214536 2214536 579112 579112 579112 112715149 112715149 112715149 188275005 188275005 Texas Oklahoma 16 17 New Mexico 18 Various Various Various 198932245 19956595 7263942 198932245 19956595 7263942 198932245 19956595 7263942 198932245 19956595 7263942 226152782 226152782 226152782 226152782 226152782 226152782 226152782 226152782 179485498442 226152782