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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Unaudited) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Net income (loss) $ 155.4 $ 177.1 $ 383.3 $ (1,643.2)
Commodity hedging contracts:        
Other comprehensive income (loss), pre-tax (179.0) (193.2) (200.8) (94.1)
Other comprehensive income (loss), related income tax 43.0 46.4 48.2 23.2
Other comprehensive income (loss), after tax (136.0) (146.8) (152.6) (70.9)
Comprehensive income (loss) 19.4 30.3 230.7 (1,714.1)
Less: Comprehensive income (loss) attributable to noncontrolling interests 99.2 96.1 180.7 13.6
Comprehensive income (loss) attributable to Targa Resources Corp. (79.8) (65.8) 50.0 (1,727.7)
Commodity Contracts [Member]        
Commodity hedging contracts:        
Change in fair value, pre-tax (232.6) (133.0) (404.2) 26.2
Change in fair value, related income tax 55.7 31.2 95.9 (8.2)
Change in fair value, after tax (176.9) (101.8) (308.3) 18.0
Settlements reclassified to revenues, pre-tax 53.6 (60.2) 203.4 (120.3)
Settlements reclassified to revenues, related income tax (12.7) 15.2 (47.7) 31.4
Settlements reclassified to revenues, after tax $ 40.9 $ (45.0) $ 155.7 $ (88.9)