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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Unaudited) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Net income (loss) $ 1,531.4 $ 422.1 $ (1,325.0)
Commodity hedging contracts:      
Other comprehensive income (loss), pre-tax 367.4 (117.3) (309.1)
Other comprehensive income (loss), related income tax (81.8) 28.2 74.8
Other comprehensive income (loss), after tax 285.6 (89.1) (234.3)
Comprehensive income (loss) 1,817.0 333.0 (1,559.3)
Less: Comprehensive income (loss) attributable to noncontrolling interests 335.9 350.9 228.9
Comprehensive income (loss) attributable to Targa Resources Corp. 1,481.1 (17.9) (1,788.2)
Commodity Contracts [Member]      
Commodity hedging contracts:      
Change in fair value, pre-tax (5.6) (534.6) (218.3)
Change in fair value, related income tax 1.3 128.4 51.5
Change in fair value, after tax (4.3) (406.2) (166.8)
Settlements reclassified to revenues, pre-tax 373.0 417.3 (90.8)
Settlements reclassified to revenues, related income tax (83.1) (100.2) 23.3
Settlements reclassified to revenues, after tax $ 289.9 $ 317.1 $ (67.5)