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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Net income (loss) $ 168.6 $ 227.9
Commodity hedging contracts:    
Other comprehensive income (loss), pre-tax (241.4) (21.8)
Other comprehensive income (loss), related income tax 53.9 5.2
Other comprehensive income (loss), after tax (187.5) (16.6)
Comprehensive income (loss) (18.9) 211.3
Less: Comprehensive income (loss) attributable to noncontrolling interests 80.6 81.5
Comprehensive income (loss) attributable to Targa Resources Corp. (99.5) 129.8
Commodity Contracts [Member]    
Commodity hedging contracts:    
Change in fair value, pre-tax (387.1) (171.5)
Change in fair value, related income tax 86.6 40.2
Change in fair value, after tax (300.5) (131.3)
Settlements reclassified to revenues, pre-tax 145.7 149.7
Settlements reclassified to revenues, related income tax (32.7) (35.0)
Settlements reclassified to revenues, after tax $ 113.0 $ 114.7