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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Net income (loss) $ (1,325.0) $ 41.2 $ 60.4
Commodity hedging contracts:      
Other comprehensive income (loss), pre-tax (309.1) (2.4) 170.9
Other comprehensive income (loss), related income tax 74.8 0.6 (41.5)
Other comprehensive income (loss), after tax (234.3) (1.8) 129.4
Comprehensive income (loss) (1,559.3) 39.4 189.8
Less: Comprehensive income (loss) attributable to noncontrolling interests 228.9 250.4 58.8
Comprehensive income (loss) attributable to Targa Resources Corp. (1,788.2) (211.0) 131.0
Commodity Contracts [Member]      
Commodity hedging contracts:      
Change in fair value, pre-tax (218.3) 135.6 132.5
Change in fair value, related income tax 51.5 (32.3) (32.2)
Change in fair value, after tax (166.8) 103.3 100.3
Settlements reclassified to revenues, pre-tax (90.8) (138.0) 38.4
Settlements reclassified to revenues, related income tax 23.3 32.9 (9.3)
Settlements reclassified to revenues, after tax $ (67.5) $ (105.1) $ 29.1