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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Net income (loss) $ 332.6 $ 555.2
Commodity hedging contracts:    
Other comprehensive income (loss), pre-tax (67.1) 38.7
Other comprehensive income (loss), related income tax 15.4 (8.6)
Other comprehensive income (loss), after tax (51.7) 30.1
Comprehensive income (loss) 280.9 585.3
Less: Comprehensive income (loss) attributable to noncontrolling interests 57.4 58.2
Comprehensive income (loss) attributable to Targa Resources Corp. 223.5 527.1
Commodity Contracts [Member]    
Commodity hedging contracts:    
Change in fair value, pre-tax (70.3) 83.9
Change in fair value, related income tax 16.1 (18.6)
Change in fair value, after tax (54.2) 65.3
Settlements reclassified to revenues, pre-tax 3.2 (45.2)
Settlements reclassified to revenues, related income tax (0.7) 10.0
Settlements reclassified to revenues, after tax $ 2.5 $ (35.2)