CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2016		Dec. 31, 2015		Dec. 31, 2014
Revenues
Sales of commodities	$ 5,626.8		$ 5,465.4		$ 7,595.2
Fees from midstream services	1,064.1		1,193.2		1,021.3
Total revenues	6,690.9		6,658.6		8,616.5
Costs and expenses:
Product purchases	4,922.9		4,837.6		6,992.7
Operating expenses	553.7		540.0		487.3
Depreciation and amortization expenses	757.7		677.1		351.0
General and administrative expenses	187.2		161.7		148.0
Goodwill impairment	207.0		290.0		0.0
Other operating (income) expense	6.6		(7.1)		(3.0)
Income from operations	55.8	[1],[2]	159.3	[3],[4]	640.5
Other income (expense):
Interest expense, net	(254.2)		(231.9)		(147.1)
Equity earnings (loss)	(14.3)		(2.5)		18.0
Gain (loss) from financing activities	(48.2)		(10.1)		(12.4)
Other	1.2		(26.6)		(8.0)
Income (loss) before income taxes	(259.7)		(111.8)		491.0
Income tax (expense) benefit	100.6		(39.6)		(68.0)
Net income (loss)	(159.1)		(151.4)		423.0
Less: Net income (loss) attributable to noncontrolling interests	28.2		(209.7)		320.7
Net income (loss) attributable to Targa Resources Corp.	(187.3)		58.3		102.3
Dividends on Series A preferred stock	72.6
Deemed dividends on Series A preferred stock	18.2
Net income (loss) attributable to common shareholders	$ (278.1)		$ 58.3		$ 102.3
Net income (loss) per common share - basic	$ (1.80)		$ 1.09		$ 2.44
Net income (loss) per common share - diluted	$ (1.80)		$ 1.09		$ 2.43
Weighted average shares outstanding - basic	154.4		53.5		42.0
Weighted average shares outstanding - diluted	154.4		53.6		42.1

[1] Includes a goodwill impairment of $183.0 million in the fourth quarter of 2016. See Note 7 – Goodwill.

[2] Includes an additional goodwill impairment of $24.0 million in the first quarter of 2016. See Note 7 – Goodwill.

[3] Includes $32.6 million of impairment losses in the fourth quarter of 2015. See Note 6 – Property, Plant and Equipment and Intangible Assets.

[4] Includes a provisional goodwill impairment of $290.0 million in the fourth quarter of 2015. See Note 7 – Goodwill