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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Net income (loss) attributable to Targa Resources Corp. $ 57.6 $ (23.2) $ (61.7) $ (25.9)
Commodity hedging contracts:        
Other comprehensive income (loss) attributable to Targa Resources Corp., pre-tax 24.1 (78.5) 96.4 (108.4)
Other comprehensive income (loss) attributable to Targa Resources Corp., related income tax (9.1) 29.8 (36.6) 41.3
Other comprehensive income (loss) attributable to Targa Resources Corp., after tax 15.0 (48.7) 59.8 (67.1)
Comprehensive income (loss) attributable to Targa Resources Corp. 72.6 (71.9) (1.9) (93.0)
Net income (loss) attributable to noncontrolling interests 13.0 8.6 21.8 10.7
Commodity hedging contracts:        
Other comprehensive income (loss) attributable to noncontrolling interests, pre-tax 0.0 0.0 0.0 12.5
Other comprehensive income (loss) attributable to noncontrolling interests, related income tax 0.0 0.0 0.0 0.0
Other comprehensive income (loss) attributable to noncontrolling interests, after tax 0.0 0.0 0.0 12.5
Comprehensive income (loss) attributable to noncontrolling interests 13.0 8.6 21.8 23.2
Total        
Net income (loss) 70.6 (14.6) (39.9) (15.2)
Commodity hedging contracts:        
Other comprehensive income (loss) attributable to Targa Resources Corp., pre-tax 24.1 (78.5) 96.4 (95.9)
Other comprehensive income (loss) attributable to Targa Resources Corp., related income tax (9.1) 29.8 (36.6) 41.3
Other comprehensive income (loss) attributable to Targa Resources Corp., after tax 15.0 (48.7) 59.8 (54.6)
Total comprehensive income (loss) 85.6 (63.3) 19.9 (69.8)
Commodity Contracts [Member]        
Commodity hedging contracts:        
Change in fair value, pre-tax 29.8 (60.2) 96.0 (77.1)
Change in fair value, related income tax (11.3) 22.9 (36.5) 29.4
Change in fair value, after tax 18.5 (37.3) 59.5 (47.7)
Settlements reclassified to revenues, pre-tax (5.7) (18.3) 0.4 (31.3)
Settlements reclassified to revenues, related income tax 2.2 6.9 (0.1) 11.9
Settlements reclassified to revenues, after tax (3.5) (11.4) 0.3 (19.4)
Commodity hedging contracts:        
Change in fair value, pre-tax 0.0 0.0 0.0 23.6
Change in fair value, related income tax 0.0 0.0 0.0 0.0
Change in fair value, after tax 0.0 0.0 0.0 23.6
Settlements reclassified to revenues, pre-tax 0.0 0.0 0.0 (11.1)
Settlements reclassified to revenues, related income tax 0.0 0.0 0.0 0.0
Settlements reclassified to revenues, after tax 0.0 0.0 0.0 (11.1)
Commodity hedging contracts:        
Change in fair value, pre-tax 29.8 (60.2) 96.0 (53.5)
Change in fair value, related income tax (11.3) 22.9 (36.5) 29.4
Change in fair value, after tax 18.5 (37.3) 59.5 (24.1)
Settlements reclassified to revenues, pre-tax (5.7) (18.3) 0.4 (42.4)
Settlements reclassified to revenues, related income tax 2.2 6.9 (0.1) 11.9
Settlements reclassified to revenues, after tax $ (3.5) $ (11.4) $ 0.3 $ (30.5)