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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Net income (loss) $ 555.2 $ 168.6
Commodity hedging contracts:    
Other comprehensive income (loss), pre-tax 38.7 (241.4)
Other comprehensive income (loss), related income tax (8.6) 53.9
Other comprehensive income (loss), after tax 30.1 (187.5)
Comprehensive income (loss) 585.3 (18.9)
Less: Comprehensive income (loss) attributable to noncontrolling interests 58.2 80.6
Comprehensive income (loss) attributable to Targa Resources Corp. 527.1 (99.5)
Commodity Contracts [Member]    
Commodity hedging contracts:    
Change in fair value, pre-tax 83.9 (387.1)
Change in fair value, related income tax (18.6) 86.6
Change in fair value, after tax 65.3 (300.5)
Settlements reclassified to revenues, pre-tax (45.2) 145.7
Settlements reclassified to revenues, related income tax 10.0 (32.7)
Settlements reclassified to revenues, after tax $ (35.2) $ 113.0