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Partnership Units and Related Matters
6 Months Ended
Jun. 30, 2021
Partners Capital [Abstract]  
Partnership Units and Related Matters

Note 9 — Partnership Units and Related Matters

 

Distributions

 

We are entitled to receive all Partnership distributions from available cash on the Partnership’s common units each quarter.

 

The following table details the distributions declared and paid by the Partnership for the six months ended June 30, 2021:

 

Three Months Ended

 

Date Paid or To Be Paid

 

Total Distributions

 

 

Distributions to

Targa Resources Corp.

 

June 30, 2021

 

August 12, 2021

$

 

45.5

 

$

 

45.5

 

March 31, 2021

 

May 12, 2021

 

 

47.0

 

 

 

47.0

 

December 31, 2020

 

February 11, 2021

 

 

54.3

 

 

 

47.6

 

 

Contributions

 

All capital contributions to the Partnership continue to be allocated 98% to the limited partner and 2% to the general partner; however, no units will be issued for those contributions. During the six months ended June 30, 2021, we made a total of $36.0 million in contributions to the Partnership.