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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Net income (loss) $ 422.1 $ (1,325.0) $ 41.2
Commodity hedging contracts:      
Other comprehensive income (loss), pre-tax (117.3) (309.1) (2.4)
Other comprehensive income (loss), related income tax 28.2 74.8 0.6
Other comprehensive income (loss), after tax (89.1) (234.3) (1.8)
Comprehensive income (loss) 333.0 (1,559.3) 39.4
Less: Comprehensive income (loss) attributable to noncontrolling interests 350.9 228.9 250.4
Comprehensive income (loss) attributable to Targa Resources Corp. (17.9) (1,788.2) (211.0)
Commodity Contracts [Member]      
Commodity hedging contracts:      
Change in fair value, pre-tax (534.6) (218.3) 135.6
Change in fair value, related income tax 128.4 51.5 (32.3)
Change in fair value, after tax (406.2) (166.8) 103.3
Settlements reclassified to revenues, pre-tax 417.3 (90.8) (138.0)
Settlements reclassified to revenues, related income tax (100.2) 23.3 32.9
Settlements reclassified to revenues, after tax $ 317.1 $ (67.5) $ (105.1)