XML 23 R5.htm IDEA: XBRL DOCUMENT v3.22.2.2
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Net income (loss) $ 279.3 $ 288.0 $ 1,135.5 $ 671.3
Commodity hedging contracts:        
Other comprehensive income (loss), pre-tax 347.1 (194.3) 288.5 (395.1)
Other comprehensive income (loss), related income tax (77.4) 46.6 (64.3) 94.8
Other comprehensive income (loss), after tax 269.7 (147.7) 224.2 (300.3)
Comprehensive income (loss) 549.0 140.3 1,359.7 371.0
Less: Comprehensive income (loss) attributable to noncontrolling interests 86.2 105.8 258.0 286.5
Comprehensive income (loss) attributable to Targa Resources Corp. 462.8 34.5 1,101.7 84.5
Commodity Contracts [Member]        
Commodity hedging contracts:        
Change in fair value, pre-tax 225.4 (294.7) (136.7) (698.9)
Change in fair value, related income tax (50.4) 71.2 30.5 167.1
Change in fair value, after tax 175.0 (223.5) (106.2) (531.8)
Settlements reclassified to revenues, pre-tax 121.7 100.4 425.2 303.8
Settlements reclassified to revenues, related income tax (27.0) (24.6) (94.8) (72.3)
Settlements reclassified to revenues, after tax $ 94.7 $ 75.8 $ 330.4 $ 231.5