XML 62 R46.htm IDEA: XBRL DOCUMENT v3.24.0.1
Related Party Transactions (Tables)
12 Months Ended
Dec. 31, 2023
Related Party Transactions [Abstract]  
Summary of Transactions with Unconsolidated Affiliates

The following table summarizes transactions with unconsolidated affiliates:

 

 

 

GCF

 

 

T2 Joint Ventures (1)

 

 

Cayenne

 

 

GCX (2)

 

 

Little Missouri 4

 

 

Total

 

2023:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

$

 

 

$

 

 

$

 

 

$

 

 

$

 

7.1

 

$

 

7.1

 

Product purchases and fuel

 

 

 

 

 

 

 

 

(6.4

)

 

 

 

 

 

 

 

 

(6.4

)

Operating expenses

 

 

(4.4

)

 

 

 

 

 

(0.3

)

 

 

 

 

 

(2.0

)

 

 

(6.7

)

General and administrative expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(0.9

)

 

 

(0.9

)

2022:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

$

 

 

$

 

1.2

 

$

 

 

$

 

 

$

 

8.5

 

$

 

9.7

 

Product purchases and fuel

 

 

 

 

 

 

 

 

(4.7

)

 

 

(25.0

)

 

 

 

 

 

(29.7

)

Operating expenses

 

 

(1.7

)

 

 

(0.7

)

 

 

(0.3

)

 

 

 

 

 

(2.6

)

 

 

(5.3

)

General and administrative expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(0.9

)

 

 

(0.9

)

2021:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

$

 

 

$

 

4.4

 

$

 

 

$

 

 

$

 

10.6

 

$

 

15.0

 

Product purchases and fuel

 

 

 

 

 

 

 

 

(4.8

)

 

 

(66.5

)

 

 

 

 

 

(71.3

)

Operating expenses

 

 

(1.1

)

 

 

(2.3

)

 

 

(0.2

)

 

 

 

 

 

(2.5

)

 

 

(6.1

)

General and administrative expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(0.8

)

 

 

(0.8

)

 

(1)
Following the closing of the South Texas Acquisition in April 2022, the T2 Joint Ventures are 100% owned and consolidated by Targa.
(2)
Following the closing of the GCX Sale in May 2022, Targa no longer has an ownership interest in GCX.