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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Revenues:        
Total revenues $ 1,523.5 $ 1,995.3 $ 3,572.4 $ 4,294.7
Costs and expenses:        
Product purchases 860.6 1,361.6 2,043.6 3,087.6
Operating expenses 183.4 210.2 383.3 400.5
Depreciation and amortization expense 204.5 237.2 443.6 474.6
General and administrative expense 58.6 69.3 115.5 146.7
Impairment of long-lived assets 0.0 0.0 2,442.8 0.0
Other operating (income) expense 0.4 (0.2) 1.6 3.3
Income (loss) from operations 216.0 117.2 (1,858.0) 182.0
Other income (expense):        
Interest expense, net (94.3) (69.5) (188.1) (144.9)
Equity earnings (loss) 14.9 3.2 35.5 5.9
Gain (loss) from financing activities 21.8 0.0 61.1 (1.4)
Change in contingent considerations 0.0 0.8 0.0 (8.9)
Other, net 0.8 0.0 0.8 0.0
Income (loss) before income taxes 159.2 51.7 (1,948.7) 32.7
Income tax (expense) benefit 0.0 0.0 0.0 0.0
Net income (loss) 159.2 51.7 (1,948.7) 32.7
Less: Net income (loss) attributable to noncontrolling interests 93.3 56.3 8.0 67.7
Net income (loss) attributable to Targa Resources Partners LP 65.9 (4.6) (1,956.7) (35.0)
Net income attributable to preferred limited partners 2.8 2.8 5.6 5.6
Net income (loss) attributable to general partner 1.2 (0.1) (39.4) (0.8)
Net income (loss) attributable to common limited partners 61.9 (7.3) (1,922.9) (39.8)
Sales of Commodities [Member]        
Revenues:        
Total revenues 1,280.6 1,684.2 3,060.2 3,660.7
Fees from Midstream Services [Member]        
Revenues:        
Total revenues $ 242.9 $ 311.1 $ 512.2 $ 634.0