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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Revenues:    
Total revenues $ 2,299.4 $ 2,455.6
Costs and expenses:    
Product purchases 1,726.0 1,941.0
Operating expenses 190.2 173.2
Depreciation and amortization expense 237.4 198.1
General and administrative expense 81.1 56.7
Other operating (income) expense 3.4 0.3
Income (loss) from operations 61.3 86.3
Other income (expense):    
Interest income (expense), net (80.6) 16.1
Equity earnings (loss) 2.8 1.5
Gain (loss) from financing activities (1.4)  
Change in contingent considerations (9.7) (56.1)
Income (loss) before income taxes (27.6) 47.8
Income tax (expense) benefit 2.9 (8.9)
Net income (loss) (24.7) 38.9
Less: Net income (loss) attributable to noncontrolling interests 14.2 16.0
Net income (loss) attributable to Targa Resources Corp. (38.9) 22.9
Dividends on Series A Preferred Stock 22.9 22.9
Deemed dividends on Series A Preferred Stock 7.9 7.0
Net income (loss) attributable to common shareholders $ (69.7) $ (7.0)
Net income (loss) per common share - basic $ (0.30) $ (0.03)
Net income (loss) per common share - diluted $ (0.30) $ (0.03)
Weighted average shares outstanding - basic 232.2 218.7
Weighted average shares outstanding - diluted 232.2 218.7
Sales of Commodities [Member]    
Revenues:    
Total revenues $ 1,976.5 $ 2,173.7
Fees from Midstream Services [Member]    
Revenues:    
Total revenues $ 322.9 $ 281.9