10-Q Filing

TARGA RESOURCES CORP. CIK: 1389170 Q1 2024

Filing Information

Form Type	10-Q
Accession Number	`0000950170-24-051853`
Period End Date	20240331
Filing Date	20240502
Fiscal Year	2024
Fiscal Period	Q1
XBRL Instance	trgp-20240331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 156 Income Statement 80 Cash Flow Statement 164 Stockholders Equity 64 Comprehensive Income 28

Balance Sheet 156 line items

Line Item	Tag	Value	Unit	Period
Trade receivables, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$2.50M	USD	Point-in-time
Trade receivables, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$2.50M	USD	Point-in-time
Trade receivables, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$2.50M	USD	Point-in-time
Trade receivables, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$2.50M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$109.90M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$109.90M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$141.70M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$141.70M	USD	Point-in-time
Trade receivables, net of allowances of $2.5 million and $2.5 million at March 31, 2024 and December 31, 2023	`AccountsReceivableNetCurrent`	$1.48B	USD	Point-in-time
Trade receivables, net of allowances of $2.5 million and $2.5 million at March 31, 2024 and December 31, 2023	`AccountsReceivableNetCurrent`	$1.48B	USD	Point-in-time
Trade receivables, net of allowances of $2.5 million and $2.5 million at March 31, 2024 and December 31, 2023	`AccountsReceivableNetCurrent`	$1.47B	USD	Point-in-time
Trade receivables, net of allowances of $2.5 million and $2.5 million at March 31, 2024 and December 31, 2023	`AccountsReceivableNetCurrent`	$1.47B	USD	Point-in-time
Inventories	`InventoryNet`	$371.50M	USD	Point-in-time
Inventories	`InventoryNet`	$371.50M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Inventories	`InventoryNet`	$224.50M	USD	Point-in-time
Inventories	`InventoryNet`	$224.50M	USD	Point-in-time
Assets from risk management activities	`DerivativeAssetBeforeEffectsOfMasterNettingArrangementsCurrent`	$72.60M	USD	Point-in-time
Assets from risk management activities	`DerivativeAssetBeforeEffectsOfMasterNettingArrangementsCurrent`	$72.60M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	450.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	450.00M	shares	Point-in-time
Assets from risk management activities	`DerivativeAssetBeforeEffectsOfMasterNettingArrangementsCurrent`	$111.90M	USD	Point-in-time
Assets from risk management activities	`DerivativeAssetBeforeEffectsOfMasterNettingArrangementsCurrent`	$111.90M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	450.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	450.00M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$98.50M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$98.50M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	240.10M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	240.10M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	241.26M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	241.26M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$82.30M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$82.30M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.19B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.19B	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	222.61M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	222.61M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	222.15M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	222.15M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$1.97B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.97B	USD	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockCommonShares`	19.11M	shares	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockCommonShares`	19.11M	shares	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockCommonShares`	17.48M	shares	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockCommonShares`	17.48M	shares	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$15.81B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$15.81B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$16.28B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$16.28B	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$2.26B	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$2.26B	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$2.35B	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$2.35B	USD	Point-in-time
Long-term assets from risk management activities	`DerivativeAssetBeforeEffectsOfMasterNettingArrangementsNoncurrent`	$33.30M	USD	Point-in-time
Long-term assets from risk management activities	`DerivativeAssetBeforeEffectsOfMasterNettingArrangementsNoncurrent`	$33.30M	USD	Point-in-time
Long-term assets from risk management activities	`DerivativeAssetBeforeEffectsOfMasterNettingArrangementsNoncurrent`	$17.10M	USD	Point-in-time
Long-term assets from risk management activities	`DerivativeAssetBeforeEffectsOfMasterNettingArrangementsNoncurrent`	$17.10M	USD	Point-in-time
Investments in unconsolidated affiliates	`EquityMethodInvestments`	$146.30M	USD	Point-in-time
Investments in unconsolidated affiliates	`EquityMethodInvestments`	$146.30M	USD	Point-in-time
Investments in unconsolidated affiliates	`EquityMethodInvestments`	$152.20M	USD	Point-in-time
Investments in unconsolidated affiliates	`EquityMethodInvestments`	$152.20M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$140.60M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$140.60M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$163.70M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$163.70M	USD	Point-in-time
Total assets	`Assets`	$20.67B	USD	Point-in-time
Total assets	`Assets`	$20.67B	USD	Point-in-time
Total assets	`Assets`	$20.85B	USD	Point-in-time
Total assets	`Assets`	$20.85B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.57B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.57B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.71B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.71B	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$281.70M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$281.70M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$295.90M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$295.90M	USD	Point-in-time
Interest payable	`InterestPayableCurrent`	$186.20M	USD	Point-in-time
Interest payable	`InterestPayableCurrent`	$186.20M	USD	Point-in-time
Interest payable	`InterestPayableCurrent`	$229.60M	USD	Point-in-time
Interest payable	`InterestPayableCurrent`	$229.60M	USD	Point-in-time
Liabilities from risk management activities	`DerivativeLiabilityBeforeEffectsOfMasterNettingArrangementsCurrent`	$54.00M	USD	Point-in-time
Liabilities from risk management activities	`DerivativeLiabilityBeforeEffectsOfMasterNettingArrangementsCurrent`	$54.00M	USD	Point-in-time
Liabilities from risk management activities	`DerivativeLiabilityBeforeEffectsOfMasterNettingArrangementsCurrent`	$76.80M	USD	Point-in-time
Liabilities from risk management activities	`DerivativeLiabilityBeforeEffectsOfMasterNettingArrangementsCurrent`	$76.80M	USD	Point-in-time
Current debt obligations	`DebtCurrentNetOfIssuanceCost`	$546.10M	USD	Point-in-time
Current debt obligations	`DebtCurrentNetOfIssuanceCost`	$546.10M	USD	Point-in-time
Current debt obligations	`DebtCurrentNetOfIssuanceCost`	$620.70M	USD	Point-in-time
Current debt obligations	`DebtCurrentNetOfIssuanceCost`	$620.70M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.81B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.81B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.76B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.76B	USD	Point-in-time
Long-term debt	`LongTermDebtAndCapitalLeaseObligations`	$12.33B	USD	Point-in-time
Long-term debt	`LongTermDebtAndCapitalLeaseObligations`	$12.33B	USD	Point-in-time
Long-term debt	`LongTermDebtAndCapitalLeaseObligations`	$12.51B	USD	Point-in-time
Long-term debt	`LongTermDebtAndCapitalLeaseObligations`	$12.51B	USD	Point-in-time
Long-term liabilities from risk management activities	`DerivativeLiabilityBeforeEffectsOfMasterNettingArrangementsNoncurrent`	$39.80M	USD	Point-in-time
Long-term liabilities from risk management activities	`DerivativeLiabilityBeforeEffectsOfMasterNettingArrangementsNoncurrent`	$39.80M	USD	Point-in-time
Long-term liabilities from risk management activities	`DerivativeLiabilityBeforeEffectsOfMasterNettingArrangementsNoncurrent`	$16.80M	USD	Point-in-time
Long-term liabilities from risk management activities	`DerivativeLiabilityBeforeEffectsOfMasterNettingArrangementsNoncurrent`	$16.80M	USD	Point-in-time
Deferred income taxes, net	`DeferredIncomeTaxLiabilitiesNet`	$600.20M	USD	Point-in-time
Deferred income taxes, net	`DeferredIncomeTaxLiabilitiesNet`	$600.20M	USD	Point-in-time
Deferred income taxes, net	`DeferredIncomeTaxLiabilitiesNet`	$535.80M	USD	Point-in-time
Deferred income taxes, net	`DeferredIncomeTaxLiabilitiesNet`	$535.80M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$415.10M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$415.10M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$304.10M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$304.10M	USD	Point-in-time
Contingencies (see Note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Contingencies (see Note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Contingencies (see Note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Contingencies (see Note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock ($0.001 par value, 450,000,000 shares authorized as of March 31, 2024 and December 31, 2023)	`CommonStockValueOutstanding`	$200.00K	USD	Point-in-time
Common stock ($0.001 par value, 450,000,000 shares authorized as of March 31, 2024 and December 31, 2023)	`CommonStockValueOutstanding`	$200.00K	USD	Point-in-time
Common stock ($0.001 par value, 450,000,000 shares authorized as of March 31, 2024 and December 31, 2023)	`CommonStockValueOutstanding`	$200.00K	USD	Point-in-time
Common stock ($0.001 par value, 450,000,000 shares authorized as of March 31, 2024 and December 31, 2023)	`CommonStockValueOutstanding`	$200.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$3.07B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$3.07B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$3.06B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$3.06B	USD	Point-in-time
Retained earnings (deficit)	`RetainedEarningsAccumulatedDeficit`	$654.10M	USD	Point-in-time
Retained earnings (deficit)	`RetainedEarningsAccumulatedDeficit`	$654.10M	USD	Point-in-time
Retained earnings (deficit)	`RetainedEarningsAccumulatedDeficit`	$492.00M	USD	Point-in-time
Retained earnings (deficit)	`RetainedEarningsAccumulatedDeficit`	$492.00M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$85.60M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$85.60M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$33.90M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$33.90M	USD	Point-in-time
Treasury stock, at cost (19,109,620 shares as of March 31, 2024 and 17,484,440 shares as of December 31, 2023)	`TreasuryStockValue`	$1.06B	USD	Point-in-time
Treasury stock, at cost (19,109,620 shares as of March 31, 2024 and 17,484,440 shares as of December 31, 2023)	`TreasuryStockValue`	$1.06B	USD	Point-in-time
Treasury stock, at cost (19,109,620 shares as of March 31, 2024 and 17,484,440 shares as of December 31, 2023)	`TreasuryStockValue`	$896.90M	USD	Point-in-time
Treasury stock, at cost (19,109,620 shares as of March 31, 2024 and 17,484,440 shares as of December 31, 2023)	`TreasuryStockValue`	$896.90M	USD	Point-in-time
Total Targa Resources Corp. stockholders' equity	`StockholdersEquity`	$2.74B	USD	Point-in-time
Total Targa Resources Corp. stockholders' equity	`StockholdersEquity`	$2.74B	USD	Point-in-time
Total Targa Resources Corp. stockholders' equity	`StockholdersEquity`	$2.70B	USD	Point-in-time
Total Targa Resources Corp. stockholders' equity	`StockholdersEquity`	$2.70B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$1.87B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$1.87B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$1.87B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$1.87B	USD	Point-in-time
Total owners' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.41B	USD	Point-in-time
Total owners' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.41B	USD	Point-in-time
Total owners' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.61B	USD	Point-in-time
Total owners' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.61B	USD	Point-in-time
Total owners' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.58B	USD	Point-in-time
Total owners' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.58B	USD	Point-in-time
Total owners' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.98B	USD	Point-in-time
Total owners' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.98B	USD	Point-in-time
Total liabilities and owners' equity	`LiabilitiesAndStockholdersEquity`	$20.67B	USD	Point-in-time
Total liabilities and owners' equity	`LiabilitiesAndStockholdersEquity`	$20.67B	USD	Point-in-time
Total liabilities and owners' equity	`LiabilitiesAndStockholdersEquity`	$20.85B	USD	Point-in-time
Total liabilities and owners' equity	`LiabilitiesAndStockholdersEquity`	$20.85B	USD	Point-in-time

Income Statement 80 line items

Line Item	Tag	Value	Unit	Period
Total revenues	`Revenues`	$4.52B	USD	1 Quarter
Total revenues	`Revenues`	$4.52B	USD	1 Quarter
Total revenues	`Revenues`	$4.56B	USD	1 Quarter
Total revenues	`Revenues`	$4.56B	USD	1 Quarter
Product purchases and fuel	`CostOfGoodsAndServicesSold`	$3.22B	USD	1 Quarter
Product purchases and fuel	`CostOfGoodsAndServicesSold`	$3.22B	USD	1 Quarter
Product purchases and fuel	`CostOfGoodsAndServicesSold`	$3.02B	USD	1 Quarter
Product purchases and fuel	`CostOfGoodsAndServicesSold`	$3.02B	USD	1 Quarter
Operating expenses	`OperatingCostsAndExpenses`	$258.20M	USD	1 Quarter
Operating expenses	`OperatingCostsAndExpenses`	$258.20M	USD	1 Quarter
Operating expenses	`OperatingCostsAndExpenses`	$278.00M	USD	1 Quarter
Operating expenses	`OperatingCostsAndExpenses`	$278.00M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$324.80M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$324.80M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$340.50M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$340.50M	USD	1 Quarter
General and administrative expense	`GeneralAndAdministrativeExpense`	$86.50M	USD	1 Quarter
General and administrative expense	`GeneralAndAdministrativeExpense`	$86.50M	USD	1 Quarter
General and administrative expense	`GeneralAndAdministrativeExpense`	$82.40M	USD	1 Quarter
General and administrative expense	`GeneralAndAdministrativeExpense`	$82.40M	USD	1 Quarter
Other operating (income) expense	`OtherOperatingIncomeExpenseNet`	$600.00K	USD	1 Quarter
Other operating (income) expense	`OtherOperatingIncomeExpenseNet`	$600.00K	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$639.40M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$639.40M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$836.70M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$836.70M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-168.00M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-168.00M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-228.60M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-228.60M	USD	1 Quarter
Equity earnings (loss)	`IncomeLossFromEquityMethodInvestments`	$2.80M	USD	1 Quarter
Equity earnings (loss)	`IncomeLossFromEquityMethodInvestments`	$2.80M	USD	1 Quarter
Equity earnings (loss)	`IncomeLossFromEquityMethodInvestments`	$-200.00K	USD	1 Quarter
Equity earnings (loss)	`IncomeLossFromEquityMethodInvestments`	$-200.00K	USD	1 Quarter
Other, net	`OtherNonoperatingIncomeExpense`	$1.70M	USD	1 Quarter
Other, net	`OtherNonoperatingIncomeExpense`	$1.70M	USD	1 Quarter
Other, net	`OtherNonoperatingIncomeExpense`	$-3.00M	USD	1 Quarter
Other, net	`OtherNonoperatingIncomeExpense`	$-3.00M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$665.50M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$665.50M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$415.30M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$415.30M	USD	1 Quarter
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$82.70M	USD	1 Quarter
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$82.70M	USD	1 Quarter
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$110.30M	USD	1 Quarter
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$110.30M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$555.20M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$555.20M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$332.60M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$332.60M	USD	1 Quarter
Less: Net income (loss) attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$58.20M	USD	1 Quarter
Less: Net income (loss) attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$58.20M	USD	1 Quarter
Less: Net income (loss) attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$57.40M	USD	1 Quarter
Less: Net income (loss) attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$57.40M	USD	1 Quarter
Net income (loss) attributable to Targa Resources Corp.	`NetIncomeLoss`	$497.00M	USD	1 Quarter
Net income (loss) attributable to Targa Resources Corp.	`NetIncomeLoss`	$497.00M	USD	1 Quarter
Net income (loss) attributable to Targa Resources Corp.	`NetIncomeLoss`	$275.20M	USD	1 Quarter
Net income (loss) attributable to Targa Resources Corp.	`NetIncomeLoss`	$275.20M	USD	1 Quarter
Premium on repurchase of noncontrolling interests, net of tax	`PremiumOnRepurchaseOfNoncontrollingInterestsNetOfTax`	$490.70M	USD	1 Quarter
Premium on repurchase of noncontrolling interests, net of tax	`PremiumOnRepurchaseOfNoncontrollingInterestsNetOfTax`	$490.70M	USD	1 Quarter
Net income (loss) attributable to common shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$275.20M	USD	1 Quarter
Net income (loss) attributable to common shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$275.20M	USD	1 Quarter
Net income (loss) attributable to common shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$6.30M	USD	1 Quarter
Net income (loss) attributable to common shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$6.30M	USD	1 Quarter
Net income (loss) per common share - basic	`EarningsPerShareBasic`	$1.23	USD	1 Quarter
Net income (loss) per common share - basic	`EarningsPerShareBasic`	$1.23	USD	1 Quarter
Net income (loss) per common share - basic	`EarningsPerShareBasic`	$0.03	USD	1 Quarter
Net income (loss) per common share - basic	`EarningsPerShareBasic`	$0.03	USD	1 Quarter
Net income (loss) per common share - diluted	`EarningsPerShareDiluted`	$1.22	USD	1 Quarter
Net income (loss) per common share - diluted	`EarningsPerShareDiluted`	$1.22	USD	1 Quarter
Net income (loss) per common share - diluted	`EarningsPerShareDiluted`	$0.03	USD	1 Quarter
Net income (loss) per common share - diluted	`EarningsPerShareDiluted`	$0.03	USD	1 Quarter
Weighted average shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	222.80M	shares	1 Quarter
Weighted average shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	222.80M	shares	1 Quarter
Weighted average shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	226.40M	shares	1 Quarter
Weighted average shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	226.40M	shares	1 Quarter
Weighted average shares outstanding - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	229.30M	shares	1 Quarter
Weighted average shares outstanding - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	229.30M	shares	1 Quarter
Weighted average shares outstanding - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	223.70M	shares	1 Quarter
Weighted average shares outstanding - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	223.70M	shares	1 Quarter

Cash Flow Statement 164 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$555.20M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$555.20M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$332.60M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$332.60M	USD	1 Quarter
Amortization in interest expense	`AmortizationOfFinancingCostsAndDiscounts`	$3.20M	USD	1 Quarter
Amortization in interest expense	`AmortizationOfFinancingCostsAndDiscounts`	$3.20M	USD	1 Quarter
Amortization in interest expense	`AmortizationOfFinancingCostsAndDiscounts`	$3.70M	USD	1 Quarter
Amortization in interest expense	`AmortizationOfFinancingCostsAndDiscounts`	$3.70M	USD	1 Quarter
Compensation on equity grants	`ShareBasedCompensation`	$15.00M	USD	1 Quarter
Compensation on equity grants	`ShareBasedCompensation`	$15.00M	USD	1 Quarter
Compensation on equity grants	`ShareBasedCompensation`	$14.60M	USD	1 Quarter
Compensation on equity grants	`ShareBasedCompensation`	$14.60M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$324.80M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$324.80M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$340.50M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$340.50M	USD	1 Quarter
(Gain) loss on sale or disposition of assets	`GainLossOnDispositionOfAssets1`	$1.10M	USD	1 Quarter
(Gain) loss on sale or disposition of assets	`GainLossOnDispositionOfAssets1`	$1.10M	USD	1 Quarter
(Gain) loss on sale or disposition of assets	`GainLossOnDispositionOfAssets1`	$1.50M	USD	1 Quarter
(Gain) loss on sale or disposition of assets	`GainLossOnDispositionOfAssets1`	$1.50M	USD	1 Quarter
Write-downs of assets	`WriteDownsOfAsset`	$900.00K	USD	1 Quarter
Write-downs of assets	`WriteDownsOfAsset`	$900.00K	USD	1 Quarter
Write-downs of assets	`WriteDownsOfAsset`	$1.00M	USD	1 Quarter
Write-downs of assets	`WriteDownsOfAsset`	$1.00M	USD	1 Quarter
Accretion of asset retirement obligations	`AssetRetirementObligationAccretionExpense`	$1.60M	USD	1 Quarter
Accretion of asset retirement obligations	`AssetRetirementObligationAccretionExpense`	$1.60M	USD	1 Quarter
Accretion of asset retirement obligations	`AssetRetirementObligationAccretionExpense`	$1.60M	USD	1 Quarter
Accretion of asset retirement obligations	`AssetRetirementObligationAccretionExpense`	$1.60M	USD	1 Quarter
Deferred income tax expense (benefit)	`DeferredIncomeTaxExpenseBenefit`	$79.80M	USD	1 Quarter
Deferred income tax expense (benefit)	`DeferredIncomeTaxExpenseBenefit`	$79.80M	USD	1 Quarter
Deferred income tax expense (benefit)	`DeferredIncomeTaxExpenseBenefit`	$106.00M	USD	1 Quarter
Deferred income tax expense (benefit)	`DeferredIncomeTaxExpenseBenefit`	$106.00M	USD	1 Quarter
Equity (earnings) loss of unconsolidated affiliates	`IncomeLossFromEquityMethodInvestments`	$2.80M	USD	1 Quarter
Equity (earnings) loss of unconsolidated affiliates	`IncomeLossFromEquityMethodInvestments`	$2.80M	USD	1 Quarter
Equity (earnings) loss of unconsolidated affiliates	`IncomeLossFromEquityMethodInvestments`	$-200.00K	USD	1 Quarter
Equity (earnings) loss of unconsolidated affiliates	`IncomeLossFromEquityMethodInvestments`	$-200.00K	USD	1 Quarter
Distributions of earnings received from unconsolidated affiliates	`EquityMethodInvestmentDividendsOrDistributions`	$5.60M	USD	1 Quarter
Distributions of earnings received from unconsolidated affiliates	`EquityMethodInvestmentDividendsOrDistributions`	$5.60M	USD	1 Quarter
Distributions of earnings received from unconsolidated affiliates	`EquityMethodInvestmentDividendsOrDistributions`	$1.40M	USD	1 Quarter
Distributions of earnings received from unconsolidated affiliates	`EquityMethodInvestmentDividendsOrDistributions`	$1.40M	USD	1 Quarter
Risk management activities	`UnrealizedGainLossOnDerivatives`	$-22.00M	USD	1 Quarter
Risk management activities	`UnrealizedGainLossOnDerivatives`	$-22.00M	USD	1 Quarter
Risk management activities	`UnrealizedGainLossOnDerivatives`	$175.70M	USD	1 Quarter
Risk management activities	`UnrealizedGainLossOnDerivatives`	$175.70M	USD	1 Quarter
Receivables and other assets	`IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets`	$-440.80M	USD	1 Quarter
Receivables and other assets	`IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets`	$-440.80M	USD	1 Quarter
Receivables and other assets	`IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets`	$-39.80M	USD	1 Quarter
Receivables and other assets	`IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets`	$-39.80M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-147.00M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-147.00M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-237.50M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-237.50M	USD	1 Quarter
Accounts payable, accrued liabilities and other liabilities	`IncreaseDecreaseInAccountPayableAccruedLiabilitiesAndOtherLiabilities`	$-292.70M	USD	1 Quarter
Accounts payable, accrued liabilities and other liabilities	`IncreaseDecreaseInAccountPayableAccruedLiabilitiesAndOtherLiabilities`	$-292.70M	USD	1 Quarter
Accounts payable, accrued liabilities and other liabilities	`IncreaseDecreaseInAccountPayableAccruedLiabilitiesAndOtherLiabilities`	$-64.50M	USD	1 Quarter
Accounts payable, accrued liabilities and other liabilities	`IncreaseDecreaseInAccountPayableAccruedLiabilitiesAndOtherLiabilities`	$-64.50M	USD	1 Quarter
Interest payable	`IncreaseDecreaseInInterestPayableNet`	$-46.90M	USD	1 Quarter
Interest payable	`IncreaseDecreaseInInterestPayableNet`	$-46.90M	USD	1 Quarter
Interest payable	`IncreaseDecreaseInInterestPayableNet`	$-43.40M	USD	1 Quarter
Interest payable	`IncreaseDecreaseInInterestPayableNet`	$-43.40M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$876.40M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$876.40M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.17B	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.17B	USD	1 Quarter
Outlays for property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$475.70M	USD	1 Quarter
Outlays for property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$475.70M	USD	1 Quarter
Outlays for property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$669.80M	USD	1 Quarter
Outlays for property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$669.80M	USD	1 Quarter
Proceeds from sale of assets	`ProceedsFromSaleOfProductiveAssets`	$900.00K	USD	1 Quarter
Proceeds from sale of assets	`ProceedsFromSaleOfProductiveAssets`	$900.00K	USD	1 Quarter
Proceeds from sale of assets	`ProceedsFromSaleOfProductiveAssets`	$200.00K	USD	1 Quarter
Proceeds from sale of assets	`ProceedsFromSaleOfProductiveAssets`	$200.00K	USD	1 Quarter
Investments in unconsolidated affiliates	`PaymentsForAdvanceToAffiliate`	$9.40M	USD	1 Quarter
Investments in unconsolidated affiliates	`PaymentsForAdvanceToAffiliate`	$9.40M	USD	1 Quarter
Investments in unconsolidated affiliates	`PaymentsForAdvanceToAffiliate`	$6.20M	USD	1 Quarter
Investments in unconsolidated affiliates	`PaymentsForAdvanceToAffiliate`	$6.20M	USD	1 Quarter
Return of capital from unconsolidated affiliates	`ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital`	$1.20M	USD	1 Quarter
Return of capital from unconsolidated affiliates	`ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital`	$1.20M	USD	1 Quarter
Return of capital from unconsolidated affiliates	`ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital`	$700.00K	USD	1 Quarter
Return of capital from unconsolidated affiliates	`ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital`	$700.00K	USD	1 Quarter
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$300.00K	USD	1 Quarter
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$300.00K	USD	1 Quarter
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$300.00K	USD	1 Quarter
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$300.00K	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-677.90M	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-677.90M	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-480.80M	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-480.80M	USD	1 Quarter
Repayments of credit facilities	`RepaymentsOfLinesOfCredit`	$290.00M	USD	1 Quarter
Repayments of credit facilities	`RepaymentsOfLinesOfCredit`	$290.00M	USD	1 Quarter
Repayments of credit facilities	`RepaymentsOfLinesOfCredit`	-	USD	1 Quarter
Repayments of credit facilities	`RepaymentsOfLinesOfCredit`	-	USD	1 Quarter
Proceeds from borrowings of commercial paper notes	`ProceedsFromBorrowingsOfCommercialPaperNotes`	$14.53B	USD	1 Quarter
Proceeds from borrowings of commercial paper notes	`ProceedsFromBorrowingsOfCommercialPaperNotes`	$14.53B	USD	1 Quarter
Proceeds from borrowings of commercial paper notes	`ProceedsFromBorrowingsOfCommercialPaperNotes`	$14.03B	USD	1 Quarter
Proceeds from borrowings of commercial paper notes	`ProceedsFromBorrowingsOfCommercialPaperNotes`	$14.03B	USD	1 Quarter
Repayments of commercial paper notes	`RepaymentsOfCommercialPaper`	$15.23B	USD	1 Quarter
Repayments of commercial paper notes	`RepaymentsOfCommercialPaper`	$15.23B	USD	1 Quarter
Repayments of commercial paper notes	`RepaymentsOfCommercialPaper`	$13.84B	USD	1 Quarter
Repayments of commercial paper notes	`RepaymentsOfCommercialPaper`	$13.84B	USD	1 Quarter
Proceeds from borrowings under accounts receivable securitization facility	`ProceedsFromAccountsReceivableSecuritization`	-	USD	1 Quarter
Proceeds from borrowings under accounts receivable securitization facility	`ProceedsFromAccountsReceivableSecuritization`	-	USD	1 Quarter
Proceeds from borrowings under accounts receivable securitization facility	`ProceedsFromAccountsReceivableSecuritization`	$25.00M	USD	1 Quarter
Proceeds from borrowings under accounts receivable securitization facility	`ProceedsFromAccountsReceivableSecuritization`	$25.00M	USD	1 Quarter
Repayments of accounts receivable securitization facility	`RepaymentsOfAccountsReceivableSecuritization`	$100.00M	USD	1 Quarter
Repayments of accounts receivable securitization facility	`RepaymentsOfAccountsReceivableSecuritization`	$100.00M	USD	1 Quarter
Repayments of accounts receivable securitization facility	`RepaymentsOfAccountsReceivableSecuritization`	$96.00M	USD	1 Quarter
Repayments of accounts receivable securitization facility	`RepaymentsOfAccountsReceivableSecuritization`	$96.00M	USD	1 Quarter
Proceeds from issuance of senior notes	`ProceedsFromIssuanceOfSeniorLongTermDebt`	$1.72B	USD	1 Quarter
Proceeds from issuance of senior notes	`ProceedsFromIssuanceOfSeniorLongTermDebt`	$1.72B	USD	1 Quarter
Proceeds from issuance of senior notes	`ProceedsFromIssuanceOfSeniorLongTermDebt`	-	USD	1 Quarter
Proceeds from issuance of senior notes	`ProceedsFromIssuanceOfSeniorLongTermDebt`	-	USD	1 Quarter
Principal payments of finance leases	`FinanceLeasePrincipalPayments`	$10.80M	USD	1 Quarter
Principal payments of finance leases	`FinanceLeasePrincipalPayments`	$10.80M	USD	1 Quarter
Principal payments of finance leases	`FinanceLeasePrincipalPayments`	$9.40M	USD	1 Quarter
Principal payments of finance leases	`FinanceLeasePrincipalPayments`	$9.40M	USD	1 Quarter
Costs incurred in connection with financing arrangements	`PaymentOfFinancingAndStockIssuanceCosts`	-	USD	1 Quarter
Costs incurred in connection with financing arrangements	`PaymentOfFinancingAndStockIssuanceCosts`	-	USD	1 Quarter
Costs incurred in connection with financing arrangements	`PaymentOfFinancingAndStockIssuanceCosts`	$4.10M	USD	1 Quarter
Costs incurred in connection with financing arrangements	`PaymentOfFinancingAndStockIssuanceCosts`	$4.10M	USD	1 Quarter
Repurchase of shares	`PaymentsForRepurchaseOfEquity`	$85.80M	USD	1 Quarter
Repurchase of shares	`PaymentsForRepurchaseOfEquity`	$85.80M	USD	1 Quarter
Repurchase of shares	`PaymentsForRepurchaseOfEquity`	$160.20M	USD	1 Quarter
Repurchase of shares	`PaymentsForRepurchaseOfEquity`	$160.20M	USD	1 Quarter
Contributions from noncontrolling interests	`ProceedsFromMinorityShareholders`	$1.80M	USD	1 Quarter
Contributions from noncontrolling interests	`ProceedsFromMinorityShareholders`	$1.80M	USD	1 Quarter
Contributions from noncontrolling interests	`ProceedsFromMinorityShareholders`	$200.00K	USD	1 Quarter
Contributions from noncontrolling interests	`ProceedsFromMinorityShareholders`	$200.00K	USD	1 Quarter
Distributions to noncontrolling interests	`PaymentsOfDividendsToNoncontrollingInterests`	$53.20M	USD	1 Quarter
Distributions to noncontrolling interests	`PaymentsOfDividendsToNoncontrollingInterests`	$53.20M	USD	1 Quarter
Distributions to noncontrolling interests	`PaymentsOfDividendsToNoncontrollingInterests`	$47.30M	USD	1 Quarter
Distributions to noncontrolling interests	`PaymentsOfDividendsToNoncontrollingInterests`	$47.30M	USD	1 Quarter
Repurchase of noncontrolling interests	`PaymentsForRepurchaseOfRedeemableNoncontrollingInterest`	$1.09B	USD	1 Quarter
Repurchase of noncontrolling interests	`PaymentsForRepurchaseOfRedeemableNoncontrollingInterest`	$1.09B	USD	1 Quarter
Repurchase of noncontrolling interests	`PaymentsForRepurchaseOfRedeemableNoncontrollingInterest`	$1.30M	USD	1 Quarter
Repurchase of noncontrolling interests	`PaymentsForRepurchaseOfRedeemableNoncontrollingInterest`	$1.30M	USD	1 Quarter
Dividends paid to common and Series A Preferred shareholders	`PaymentsOfOrdinaryDividendsCommonAndPreferredShareholders`	$85.30M	USD	1 Quarter
Dividends paid to common and Series A Preferred shareholders	`PaymentsOfOrdinaryDividendsCommonAndPreferredShareholders`	$85.30M	USD	1 Quarter
Dividends paid to common and Series A Preferred shareholders	`PaymentsOfOrdinaryDividendsCommonAndPreferredShareholders`	$116.60M	USD	1 Quarter
Dividends paid to common and Series A Preferred shareholders	`PaymentsOfOrdinaryDividendsCommonAndPreferredShareholders`	$116.60M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-230.30M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-230.30M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-696.20M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-696.20M	USD	1 Quarter
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-7.20M	USD	1 Quarter
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-7.20M	USD	1 Quarter
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-31.80M	USD	1 Quarter
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-31.80M	USD	1 Quarter
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$109.90M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$109.90M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$211.80M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$211.80M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$141.70M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$141.70M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$219.00M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$219.00M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$109.90M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$109.90M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$211.80M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$211.80M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$141.70M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$141.70M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$219.00M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$219.00M	USD	Point-in-time

Stockholders Equity 64 line items

Line Item	Tag	Value	Unit	Period
Common stock dividends, per share	`CommonStockDividendsPerShareDeclared`	$0.35	USD	1 Quarter
Common stock dividends, per share	`CommonStockDividendsPerShareDeclared`	$0.35	USD	1 Quarter
Common stock dividends, per share	`CommonStockDividendsPerShareDeclared`	$0.50	USD	1 Quarter
Common stock dividends, per share	`CommonStockDividendsPerShareDeclared`	$0.50	USD	1 Quarter
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.41B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.41B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.61B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.61B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.58B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.58B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.98B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.98B	USD	Point-in-time
Compensation on equity grants	`StockGrantedDuringPeriodValueSharebasedCompensationGross`	$15.00M	USD	1 Quarter
Compensation on equity grants	`StockGrantedDuringPeriodValueSharebasedCompensationGross`	$15.00M	USD	1 Quarter
Compensation on equity grants	`StockGrantedDuringPeriodValueSharebasedCompensationGross`	$14.60M	USD	1 Quarter
Compensation on equity grants	`StockGrantedDuringPeriodValueSharebasedCompensationGross`	$14.60M	USD	1 Quarter
Dividend equivalent rights	`Dividendequivalentrights`	$-700.00K	USD	1 Quarter
Dividend equivalent rights	`Dividendequivalentrights`	$-700.00K	USD	1 Quarter
Dividend equivalent rights	`Dividendequivalentrights`	$-1.30M	USD	1 Quarter
Dividend equivalent rights	`Dividendequivalentrights`	$-1.30M	USD	1 Quarter
Shares tendered for tax withholding obligations	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$36.50M	USD	1 Quarter
Shares tendered for tax withholding obligations	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$36.50M	USD	1 Quarter
Shares tendered for tax withholding obligations	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$33.80M	USD	1 Quarter
Shares tendered for tax withholding obligations	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$33.80M	USD	1 Quarter
Repurchases of common stock	`StockRepurchasedDuringPeriodValue`	$123.70M	USD	1 Quarter
Repurchases of common stock	`StockRepurchasedDuringPeriodValue`	$123.70M	USD	1 Quarter
Repurchases of common stock	`StockRepurchasedDuringPeriodValue`	$52.00M	USD	1 Quarter
Repurchases of common stock	`StockRepurchasedDuringPeriodValue`	$52.00M	USD	1 Quarter
Repurchases of common stock (in shares)	`StockRepurchasedDuringPeriodShares`	1.19M	shares	1 Quarter
Repurchases of common stock (in shares)	`StockRepurchasedDuringPeriodShares`	1.19M	shares	1 Quarter
Repurchases of common stock (in shares)	`StockRepurchasedDuringPeriodShares`	724,140.00	shares	1 Quarter
Repurchases of common stock (in shares)	`StockRepurchasedDuringPeriodShares`	724,140.00	shares	1 Quarter
Excise tax on repurchases of common stock	`ExciseTaxOnRepurchasesOfCommonStock`	$600.00K	USD	1 Quarter
Excise tax on repurchases of common stock	`ExciseTaxOnRepurchasesOfCommonStock`	$600.00K	USD	1 Quarter
Common stock dividends	`DividendsCommonStock`	$112.40M	USD	1 Quarter
Common stock dividends	`DividendsCommonStock`	$112.40M	USD	1 Quarter
Common stock dividends	`DividendsCommonStock`	$79.30M	USD	1 Quarter
Common stock dividends	`DividendsCommonStock`	$79.30M	USD	1 Quarter
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$56.10M	USD	1 Quarter
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$56.10M	USD	1 Quarter
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$55.80M	USD	1 Quarter
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$55.80M	USD	1 Quarter
Contributions from noncontrolling interests	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	$200.00K	USD	1 Quarter
Contributions from noncontrolling interests	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	$200.00K	USD	1 Quarter
Contributions from noncontrolling interests	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	$1.80M	USD	1 Quarter
Contributions from noncontrolling interests	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	$1.80M	USD	1 Quarter
Repurchase of noncontrolling interests, net of tax	`MinorityInterestDecreaseFromRedemptions`	$948.00M	USD	1 Quarter
Repurchase of noncontrolling interests, net of tax	`MinorityInterestDecreaseFromRedemptions`	$948.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLoss`	$-51.70M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLoss`	$-51.70M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLoss`	$30.10M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLoss`	$30.10M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$555.20M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$555.20M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$332.60M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$332.60M	USD	1 Quarter
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.41B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.41B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.61B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.61B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.58B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.58B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.98B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.98B	USD	Point-in-time

Comprehensive Income 28 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$555.20M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$555.20M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$332.60M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$332.60M	USD	1 Quarter
Other comprehensive income (loss), pre-tax	`OtherComprehensiveIncomeLossBeforeTax`	$-67.10M	USD	1 Quarter
Other comprehensive income (loss), pre-tax	`OtherComprehensiveIncomeLossBeforeTax`	$-67.10M	USD	1 Quarter
Other comprehensive income (loss), pre-tax	`OtherComprehensiveIncomeLossBeforeTax`	$38.70M	USD	1 Quarter
Other comprehensive income (loss), pre-tax	`OtherComprehensiveIncomeLossBeforeTax`	$38.70M	USD	1 Quarter
Other comprehensive income (loss), related income tax	`OtherComprehensiveIncomeLossTax`	$-15.40M	USD	1 Quarter
Other comprehensive income (loss), related income tax	`OtherComprehensiveIncomeLossTax`	$-15.40M	USD	1 Quarter
Other comprehensive income (loss), related income tax	`OtherComprehensiveIncomeLossTax`	$8.60M	USD	1 Quarter
Other comprehensive income (loss), related income tax	`OtherComprehensiveIncomeLossTax`	$8.60M	USD	1 Quarter
Other comprehensive income (loss), after tax	`OtherComprehensiveIncomeLossNetOfTax`	$-51.70M	USD	1 Quarter
Other comprehensive income (loss), after tax	`OtherComprehensiveIncomeLossNetOfTax`	$-51.70M	USD	1 Quarter
Other comprehensive income (loss), after tax	`OtherComprehensiveIncomeLossNetOfTax`	$30.10M	USD	1 Quarter
Other comprehensive income (loss), after tax	`OtherComprehensiveIncomeLossNetOfTax`	$30.10M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$585.30M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$585.30M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$280.90M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$280.90M	USD	1 Quarter
Less: Comprehensive income (loss) attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$57.40M	USD	1 Quarter
Less: Comprehensive income (loss) attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$57.40M	USD	1 Quarter
Less: Comprehensive income (loss) attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$58.20M	USD	1 Quarter
Less: Comprehensive income (loss) attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$58.20M	USD	1 Quarter
Comprehensive income (loss) attributable to Targa Resources Corp.	`ComprehensiveIncomeNetOfTax`	$223.50M	USD	1 Quarter
Comprehensive income (loss) attributable to Targa Resources Corp.	`ComprehensiveIncomeNetOfTax`	$223.50M	USD	1 Quarter
Comprehensive income (loss) attributable to Targa Resources Corp.	`ComprehensiveIncomeNetOfTax`	$527.10M	USD	1 Quarter
Comprehensive income (loss) attributable to Targa Resources Corp.	`ComprehensiveIncomeNetOfTax`	$527.10M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.