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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Net income (loss) $ 279.8 $ 332.6
Commodity hedging contracts:    
Other comprehensive income (loss), pre-tax (27.7) (67.1)
Other comprehensive income (loss), related income tax 6.3 15.4
Other comprehensive income (loss), after tax (21.4) (51.7)
Comprehensive income (loss) 258.4 280.9
Less: Comprehensive income (loss) attributable to noncontrolling interests 9.3 57.4
Comprehensive income (loss) attributable to Targa Resources Corp. 249.1 223.5
Commodity Contracts [Member]    
Commodity hedging contracts:    
Change in fair value, pre-tax (33.8) (70.3)
Change in fair value, related income tax 7.7 16.1
Change in fair value, after tax (26.1) (54.2)
Settlements reclassified to revenues, pre-tax 6.1 3.2
Settlements reclassified to revenues, related income tax (1.4) (0.7)
Settlements reclassified to revenues, after tax $ 4.7 $ 2.5