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Investments in Unconsolidated Affiliates (Tables)
 3 Months Ended
Mar. 31, 2022
Equity Method Investments And Joint Ventures [Abstract]  
Activity Related to Partnership's Investments and Combined Financial Information in Unconsolidated Affiliates

The following table shows the activity related to our investments in unconsolidated affiliates:

 

 

 

Balance at December 31, 2021

 

 

Equity Earnings (Loss)

 

 

Cash Distributions

 

 

Contributions

 

 

Balance at March 31, 2022

 

GCX (1)

 

$

421.0

 

 

$

5.7

 

 

$

(7.3

)

 

$

—

 

 

$

419.4

 

Little Missouri 4

 

 

98.1

 

 

 

0.3

 

 

 

(4.7

)

 

 

—

 

 

 

93.7

 

GCF (2)

 

 

28.8

 

 

 

(0.7

)

 

 

—

 

 

 

0.5

 

 

 

28.6

 

T2 Eagle Ford (3)

 

 

21.9

 

 

 

(0.6

)

 

 

(0.8

)

 

 

—

 

 

 

20.5

 

T2 LaSalle (3)

 

 

4.2

 

 

 

(0.2

)

 

 

—

 

 

 

—

 

 

 

4.0

 

Cayenne

 

 

12.5

 

 

 

1.1

 

 

 

—

 

 

 

—

 

 

 

13.6

 

Total

 

$

586.5

 

 

$

5.6

 

 

$

(12.8

)

 

$

0.5

 

 

$

579.8

 

 

 

(1)

Following the DevCo JV Repurchase in January 2022, we owned a 25% equity interest in GCX. In February 2022, we announced the GCX Sale, at which time we ceased the recognition of equity earnings (loss) due to the terms of the sales agreement. See Note 4 – Joint Ventures, Divestitures and Acquisitions for further discussion.

(2)

Targa assumed operatorship of GCF in the first half of 2021.

(3)

In April 2022, we closed on the Southcross Acquisition. Following the closing of the Southcross Acquisition, we own 100% of the interests in the T2 Joint Ventures. See Note 4 – Joint Ventures, Divestitures and Acquisitions for further discussion.