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Related Party Transactions (Tables)
12 Months Ended
Dec. 31, 2024
Related Party Transactions [Abstract]  
Summary of Transactions with Unconsolidated Affiliates

The following table summarizes our transactions with unconsolidated affiliates:

 

 

 

GCF

 

 

T2 Joint Ventures (1)

 

 

Cayenne

 

 

GCX (2)

 

 

Little Missouri 4

 

 

Total

 

2024:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Product purchases and fuel

$

 

 

$

 

 

$

 

6.4

 

$

 

 

$

 

14.0

 

$

 

20.4

 

Operating expenses

 

 

(11.6

)

 

 

 

 

 

(0.9

)

 

 

 

 

 

(2.2

)

 

 

(14.7

)

General and administrative expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(0.9

)

 

 

(0.9

)

2023:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Product purchases and fuel

$

 

 

$

 

 

$

 

6.4

 

$

 

 

$

 

8.1

 

$

 

14.5

 

Operating expenses

 

 

(5.6

)

 

 

 

 

 

(0.9

)

 

 

 

 

 

(2.2

)

 

 

(8.7

)

General and administrative expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(0.9

)

 

 

(0.9

)

2022:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Product purchases and fuel

$

 

 

$

 

 

$

 

4.7

 

$

 

25.0

 

$

 

7.9

 

$

 

37.6

 

Operating expenses

 

 

(1.7

)

 

 

1.0

 

 

 

(0.9

)

 

 

 

 

 

(3.0

)

 

 

(4.6

)

General and administrative expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(0.9

)

 

 

(0.9

)

 

(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.