10-Q Filing

TARGA RESOURCES CORP. CIK: 1389170 Q1 2025

Filing Information

Form Type	10-Q
Accession Number	`0000950170-25-061595`
Period End Date	20250331
Filing Date	20250501
Fiscal Year	2025
Fiscal Period	Q1
XBRL Instance	trgp-20250331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 158 Income Statement 82 Cash Flow Statement 146 Stockholders Equity 70 Comprehensive Income 28

Balance Sheet 158 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`	$700.00K	USD	Point-in-time
Trade receivables, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$700.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$157.30M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$157.30M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$151.40M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$151.40M	USD	Point-in-time
Trade receivables, net of allowances of $[2.5] million and $2.5 million as of March 31, 2025 and December 31, 2024	`AccountsReceivableNetCurrent`	$1.62B	USD	Point-in-time
Trade receivables, net of allowances of $[2.5] million and $2.5 million as of March 31, 2025 and December 31, 2024	`AccountsReceivableNetCurrent`	$1.62B	USD	Point-in-time
Trade receivables, net of allowances of $[2.5] million and $2.5 million as of March 31, 2025 and December 31, 2024	`AccountsReceivableNetCurrent`	$1.40B	USD	Point-in-time
Trade receivables, net of allowances of $[2.5] million and $2.5 million as of March 31, 2025 and December 31, 2024	`AccountsReceivableNetCurrent`	$1.40B	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`	$256.20M	USD	Point-in-time
Inventories	`InventoryNet`	$256.20M	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`	$334.30M	USD	Point-in-time
Inventories	`InventoryNet`	$334.30M	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`	$74.20M	USD	Point-in-time
Assets from risk management activities	`DerivativeAssetBeforeEffectsOfMasterNettingArrangementsCurrent`	$74.20M	USD	Point-in-time
Assets from risk management activities	`DerivativeAssetBeforeEffectsOfMasterNettingArrangementsCurrent`	$61.80M	USD	Point-in-time
Assets from risk management activities	`DerivativeAssetBeforeEffectsOfMasterNettingArrangementsCurrent`	$61.80M	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`	$191.10M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$191.10M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	241.76M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	241.76M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	242.33M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	242.33M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$124.60M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$124.60M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	217.76M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	217.76M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	217.46M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	217.46M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$2.30B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.30B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.08B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.08B	USD	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockCommonShares`	24.87M	shares	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockCommonShares`	24.87M	shares	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$18.06B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$18.06B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$18.41B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$18.41B	USD	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockCommonShares`	24.00M	shares	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockCommonShares`	24.00M	shares	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$1.98B	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$1.98B	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$1.90B	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$1.90B	USD	Point-in-time
Long-term assets from risk management activities	`DerivativeAssetBeforeEffectsOfMasterNettingArrangementsNoncurrent`	$25.30M	USD	Point-in-time
Long-term assets from risk management activities	`DerivativeAssetBeforeEffectsOfMasterNettingArrangementsNoncurrent`	$25.30M	USD	Point-in-time
Long-term assets from risk management activities	`DerivativeAssetBeforeEffectsOfMasterNettingArrangementsNoncurrent`	$34.70M	USD	Point-in-time
Long-term assets from risk management activities	`DerivativeAssetBeforeEffectsOfMasterNettingArrangementsNoncurrent`	$34.70M	USD	Point-in-time
Investments in unconsolidated affiliates	`EquityMethodInvestments`	$217.60M	USD	Point-in-time
Investments in unconsolidated affiliates	`EquityMethodInvestments`	$217.60M	USD	Point-in-time
Investments in unconsolidated affiliates	`EquityMethodInvestments`	$193.30M	USD	Point-in-time
Investments in unconsolidated affiliates	`EquityMethodInvestments`	$193.30M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$179.10M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$179.10M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$170.30M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$170.30M	USD	Point-in-time
Total assets	`Assets`	$20.85B	USD	Point-in-time
Total assets	`Assets`	$20.85B	USD	Point-in-time
Total assets	`Assets`	$22.73B	USD	Point-in-time
Total assets	`Assets`	$22.73B	USD	Point-in-time
Total assets	`Assets`	$22.80B	USD	Point-in-time
Total assets	`Assets`	$22.80B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.01B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.01B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.89B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.89B	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$336.00M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$336.00M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$163.70M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$163.70M	USD	Point-in-time
Interest payable	`InterestPayableCurrent`	$269.10M	USD	Point-in-time
Interest payable	`InterestPayableCurrent`	$269.10M	USD	Point-in-time
Interest payable	`InterestPayableCurrent`	$121.50M	USD	Point-in-time
Interest payable	`InterestPayableCurrent`	$121.50M	USD	Point-in-time
Liabilities from risk management activities	`DerivativeLiabilityBeforeEffectsOfMasterNettingArrangementsCurrent`	$362.70M	USD	Point-in-time
Liabilities from risk management activities	`DerivativeLiabilityBeforeEffectsOfMasterNettingArrangementsCurrent`	$362.70M	USD	Point-in-time
Liabilities from risk management activities	`DerivativeLiabilityBeforeEffectsOfMasterNettingArrangementsCurrent`	$167.30M	USD	Point-in-time
Liabilities from risk management activities	`DerivativeLiabilityBeforeEffectsOfMasterNettingArrangementsCurrent`	$167.30M	USD	Point-in-time
Current debt obligations	`DebtCurrentNetOfIssuanceCost`	$387.70M	USD	Point-in-time
Current debt obligations	`DebtCurrentNetOfIssuanceCost`	$387.70M	USD	Point-in-time
Current debt obligations	`DebtCurrentNetOfIssuanceCost`	$660.40M	USD	Point-in-time
Current debt obligations	`DebtCurrentNetOfIssuanceCost`	$660.40M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.17B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.17B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.20B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.20B	USD	Point-in-time
Long-term debt	`LongTermDebtAndCapitalLeaseObligations`	$15.55B	USD	Point-in-time
Long-term debt	`LongTermDebtAndCapitalLeaseObligations`	$15.55B	USD	Point-in-time
Long-term debt	`LongTermDebtAndCapitalLeaseObligations`	$13.79B	USD	Point-in-time
Long-term debt	`LongTermDebtAndCapitalLeaseObligations`	$13.79B	USD	Point-in-time
Long-term liabilities from risk management activities	`DerivativeLiabilityBeforeEffectsOfMasterNettingArrangementsNoncurrent`	$194.40M	USD	Point-in-time
Long-term liabilities from risk management activities	`DerivativeLiabilityBeforeEffectsOfMasterNettingArrangementsNoncurrent`	$194.40M	USD	Point-in-time
Long-term liabilities from risk management activities	`DerivativeLiabilityBeforeEffectsOfMasterNettingArrangementsNoncurrent`	$92.00M	USD	Point-in-time
Long-term liabilities from risk management activities	`DerivativeLiabilityBeforeEffectsOfMasterNettingArrangementsNoncurrent`	$92.00M	USD	Point-in-time
Deferred income taxes, net	`DeferredIncomeTaxLiabilitiesNet`	$902.20M	USD	Point-in-time
Deferred income taxes, net	`DeferredIncomeTaxLiabilitiesNet`	$902.20M	USD	Point-in-time
Deferred income taxes, net	`DeferredIncomeTaxLiabilitiesNet`	$872.10M	USD	Point-in-time
Deferred income taxes, net	`DeferredIncomeTaxLiabilitiesNet`	$872.10M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$392.30M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$392.30M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$384.60M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$384.60M	USD	Point-in-time
Contingencies (see Note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Contingencies (see Note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Contingencies (see Note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Contingencies (see Note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common Stock ($0.001 par value, 450,000,000 shares authorized as of March 31, 2025 and December 31, 2024)	`CommonStockValueOutstanding`	$200.00K	USD	Point-in-time
Common Stock ($0.001 par value, 450,000,000 shares authorized as of March 31, 2025 and December 31, 2024)	`CommonStockValueOutstanding`	$200.00K	USD	Point-in-time
Common Stock ($0.001 par value, 450,000,000 shares authorized as of March 31, 2025 and December 31, 2024)	`CommonStockValueOutstanding`	$200.00K	USD	Point-in-time
Common Stock ($0.001 par value, 450,000,000 shares authorized as of March 31, 2025 and December 31, 2024)	`CommonStockValueOutstanding`	$200.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$3.09B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$3.09B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$3.04B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$3.04B	USD	Point-in-time
Retained earnings (deficit)	`RetainedEarningsAccumulatedDeficit`	$1.19B	USD	Point-in-time
Retained earnings (deficit)	`RetainedEarningsAccumulatedDeficit`	$1.19B	USD	Point-in-time
Retained earnings (deficit)	`RetainedEarningsAccumulatedDeficit`	$1.30B	USD	Point-in-time
Retained earnings (deficit)	`RetainedEarningsAccumulatedDeficit`	$1.30B	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$6.10M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$6.10M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$27.50M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$27.50M	USD	Point-in-time
Treasury stock, at cost ([24,000,284] shares and 24,000,284 shares as of March 31, 2025 and December 31, 2024)	`TreasuryStockValue`	$1.71B	USD	Point-in-time
Treasury stock, at cost ([24,000,284] shares and 24,000,284 shares as of March 31, 2025 and December 31, 2024)	`TreasuryStockValue`	$1.71B	USD	Point-in-time
Treasury stock, at cost ([24,000,284] shares and 24,000,284 shares as of March 31, 2025 and December 31, 2024)	`TreasuryStockValue`	$1.89B	USD	Point-in-time
Treasury stock, at cost ([24,000,284] shares and 24,000,284 shares as of March 31, 2025 and December 31, 2024)	`TreasuryStockValue`	$1.89B	USD	Point-in-time
Total Targa Resources Corp. stockholders' equity	`StockholdersEquity`	$2.59B	USD	Point-in-time
Total Targa Resources Corp. stockholders' equity	`StockholdersEquity`	$2.59B	USD	Point-in-time
Total Targa Resources Corp. stockholders' equity	`StockholdersEquity`	$2.45B	USD	Point-in-time
Total Targa Resources Corp. stockholders' equity	`StockholdersEquity`	$2.45B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$1.83B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$1.83B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$121.20M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$121.20M	USD	Point-in-time
Total owners' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.57B	USD	Point-in-time
Total owners' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.57B	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`	$4.61B	USD	Point-in-time
Total owners' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.61B	USD	Point-in-time
Total owners' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.42B	USD	Point-in-time
Total owners' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.42B	USD	Point-in-time
Total liabilities and owners' equity	`LiabilitiesAndStockholdersEquity`	$22.80B	USD	Point-in-time
Total liabilities and owners' equity	`LiabilitiesAndStockholdersEquity`	$22.80B	USD	Point-in-time
Total liabilities and owners' equity	`LiabilitiesAndStockholdersEquity`	$22.73B	USD	Point-in-time
Total liabilities and owners' equity	`LiabilitiesAndStockholdersEquity`	$22.73B	USD	Point-in-time

Income Statement 82 line items

Line Item	Tag	Value	Unit	Period
Total revenues	`Revenues`	$4.56B	USD	1 Quarter
Total revenues	`Revenues`	$4.56B	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`	$3.26B	USD	1 Quarter
Product purchases and fuel	`CostOfGoodsAndServicesSold`	$3.26B	USD	1 Quarter
Operating expenses	`OperatingCostsAndExpenses`	$278.00M	USD	1 Quarter
Operating expenses	`OperatingCostsAndExpenses`	$278.00M	USD	1 Quarter
Operating expenses	`OperatingCostsAndExpenses`	$303.60M	USD	1 Quarter
Operating expenses	`OperatingCostsAndExpenses`	$303.60M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$340.50M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$340.50M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$367.60M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$367.60M	USD	1 Quarter
General and administrative expense	`GeneralAndAdministrativeExpense`	$94.50M	USD	1 Quarter
General and administrative expense	`GeneralAndAdministrativeExpense`	$94.50M	USD	1 Quarter
General and administrative expense	`GeneralAndAdministrativeExpense`	$86.50M	USD	1 Quarter
General and administrative expense	`GeneralAndAdministrativeExpense`	$86.50M	USD	1 Quarter
Other operating (income) expense	`OtherOperatingIncomeExpenseNet`	-	USD	1 Quarter
Other operating (income) expense	`OtherOperatingIncomeExpenseNet`	-	USD	1 Quarter
Other operating (income) expense	`OtherOperatingIncomeExpenseNet`	$5.30M	USD	1 Quarter
Other operating (income) expense	`OtherOperatingIncomeExpenseNet`	$5.30M	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`	$543.30M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$543.30M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-228.60M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-228.60M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-197.10M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-197.10M	USD	1 Quarter
Equity earnings (loss)	`IncomeLossFromEquityMethodInvestments`	$5.50M	USD	1 Quarter
Equity earnings (loss)	`IncomeLossFromEquityMethodInvestments`	$5.50M	USD	1 Quarter
Equity earnings (loss)	`IncomeLossFromEquityMethodInvestments`	$2.80M	USD	1 Quarter
Equity earnings (loss)	`IncomeLossFromEquityMethodInvestments`	$2.80M	USD	1 Quarter
Other, net	`OtherNonoperatingIncomeExpense`	$300.00K	USD	1 Quarter
Other, net	`OtherNonoperatingIncomeExpense`	$300.00K	USD	1 Quarter
Other, net	`OtherNonoperatingIncomeExpense`	$1.70M	USD	1 Quarter
Other, net	`OtherNonoperatingIncomeExpense`	$1.70M	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 (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$352.00M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$352.00M	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`	$72.20M	USD	1 Quarter
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$72.20M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$332.60M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$332.60M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$279.80M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$279.80M	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
Less: Net income (loss) attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$9.30M	USD	1 Quarter
Less: Net income (loss) attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$9.30M	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
Net income (loss) attributable to Targa Resources Corp.	`NetIncomeLoss`	$270.50M	USD	1 Quarter
Net income (loss) attributable to Targa Resources Corp.	`NetIncomeLoss`	$270.50M	USD	1 Quarter
Premium on repurchase of noncontrolling interests, net of tax	`PremiumOnRepurchaseOfNoncontrollingInterestsNetOfTax`	$70.50M	USD	1 Quarter
Premium on repurchase of noncontrolling interests, net of tax	`PremiumOnRepurchaseOfNoncontrollingInterestsNetOfTax`	$70.50M	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`	$200.00M	USD	1 Quarter
Net income (loss) attributable to common shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$200.00M	USD	1 Quarter
Net income (loss) per common share - basic	`EarningsPerShareBasic`	$0.91	USD	1 Quarter
Net income (loss) per common share - basic	`EarningsPerShareBasic`	$0.91	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 - 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`	$0.91	USD	1 Quarter
Net income (loss) per common share - diluted	`EarningsPerShareDiluted`	$0.91	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`	217.90M	shares	1 Quarter
Weighted average shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	217.90M	shares	1 Quarter
Weighted average shares outstanding - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	218.70M	shares	1 Quarter
Weighted average shares outstanding - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	218.70M	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 146 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$332.60M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$332.60M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$279.80M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$279.80M	USD	1 Quarter
Amortization in interest expense	`AmortizationOfFinancingCostsAndDiscounts`	$3.70M	USD	1 Quarter
Amortization in interest expense	`AmortizationOfFinancingCostsAndDiscounts`	$3.70M	USD	1 Quarter
Amortization in interest expense	`AmortizationOfFinancingCostsAndDiscounts`	$3.90M	USD	1 Quarter
Amortization in interest expense	`AmortizationOfFinancingCostsAndDiscounts`	$3.90M	USD	1 Quarter
Compensation on equity grants	`ShareBasedCompensation`	$17.60M	USD	1 Quarter
Compensation on equity grants	`ShareBasedCompensation`	$17.60M	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`	$340.50M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$340.50M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$367.60M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$367.60M	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`	$56.90M	USD	1 Quarter
Deferred income tax expense (benefit)	`DeferredIncomeTaxExpenseBenefit`	$56.90M	USD	1 Quarter
Equity (earnings) loss of unconsolidated affiliates	`IncomeLossFromEquityMethodInvestments`	$5.50M	USD	1 Quarter
Equity (earnings) loss of unconsolidated affiliates	`IncomeLossFromEquityMethodInvestments`	$5.50M	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
Distributions of earnings received from unconsolidated affiliates	`EquityMethodInvestmentDividendsOrDistributions`	$2.40M	USD	1 Quarter
Distributions of earnings received from unconsolidated affiliates	`EquityMethodInvestmentDividendsOrDistributions`	$2.40M	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
Risk management activities	`UnrealizedGainLossOnDerivatives`	$-22.00M	USD	1 Quarter
Risk management activities	`UnrealizedGainLossOnDerivatives`	$-22.00M	USD	1 Quarter
Risk management activities	`UnrealizedGainLossOnDerivatives`	$-248.80M	USD	1 Quarter
Risk management activities	`UnrealizedGainLossOnDerivatives`	$-248.80M	USD	1 Quarter
Other, net	`ProceedsFromOtherOperatingActivities`	$3.90M	USD	1 Quarter
Other, net	`ProceedsFromOtherOperatingActivities`	$3.90M	USD	1 Quarter
Other, net	`ProceedsFromOtherOperatingActivities`	$1.50M	USD	1 Quarter
Other, net	`ProceedsFromOtherOperatingActivities`	$1.50M	USD	1 Quarter
Receivables and other assets	`IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets`	$-39.80M	USD	1 Quarter
Receivables and other assets	`IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets`	$-39.80M	USD	1 Quarter
Receivables and other assets	`IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets`	$-217.10M	USD	1 Quarter
Receivables and other assets	`IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets`	$-217.10M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-147.00M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-147.00M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-78.80M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-78.80M	USD	1 Quarter
Accounts payable, accrued liabilities and other liabilities	`IncreaseDecreaseInAccountPayableAccruedLiabilitiesAndOtherLiabilities`	$-169.30M	USD	1 Quarter
Accounts payable, accrued liabilities and other liabilities	`IncreaseDecreaseInAccountPayableAccruedLiabilitiesAndOtherLiabilities`	$-169.30M	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`	$-147.60M	USD	1 Quarter
Interest payable	`IncreaseDecreaseInInterestPayableNet`	$-147.60M	USD	1 Quarter
Interest payable	`IncreaseDecreaseInInterestPayableNet`	$-43.40M	USD	1 Quarter
Interest payable	`IncreaseDecreaseInInterestPayableNet`	$-43.40M	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$954.40M	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$954.40M	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$876.40M	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$876.40M	USD	1 Quarter
Outlays for property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$792.20M	USD	1 Quarter
Outlays for property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$792.20M	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
Investments in unconsolidated affiliates	`PaymentsForAdvanceToAffiliate`	$23.80M	USD	1 Quarter
Investments in unconsolidated affiliates	`PaymentsForAdvanceToAffiliate`	$23.80M	USD	1 Quarter
Investments in unconsolidated affiliates	`PaymentsForAdvanceToAffiliate`	$9.40M	USD	1 Quarter
Investments in unconsolidated affiliates	`PaymentsForAdvanceToAffiliate`	$9.40M	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
Return of capital from unconsolidated affiliates	`ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital`	$2.50M	USD	1 Quarter
Return of capital from unconsolidated affiliates	`ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital`	$2.50M	USD	1 Quarter
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-200.00K	USD	1 Quarter
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-200.00K	USD	1 Quarter
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-600.00K	USD	1 Quarter
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-600.00K	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-813.30M	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-813.30M	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
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
Proceeds from borrowings of commercial paper notes	`ProceedsFromBorrowingsOfCommercialPaperNotes`	$25.43B	USD	1 Quarter
Proceeds from borrowings of commercial paper notes	`ProceedsFromBorrowingsOfCommercialPaperNotes`	$25.43B	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
Repayments of commercial paper notes	`RepaymentsOfCommercialPaper`	$25.64B	USD	1 Quarter
Repayments of commercial paper notes	`RepaymentsOfCommercialPaper`	$25.64B	USD	1 Quarter
Proceeds from borrowings under accounts receivable securitization facility	`ProceedsFromAccountsReceivableSecuritization`	$870.00M	USD	1 Quarter
Proceeds from borrowings under accounts receivable securitization facility	`ProceedsFromAccountsReceivableSecuritization`	$870.00M	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`	$600.00M	USD	1 Quarter
Repayments of accounts receivable securitization facility	`RepaymentsOfAccountsReceivableSecuritization`	$600.00M	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
Proceeds from issuance of senior unsecured notes	`ProceedsFromIssuanceOfSeniorLongTermDebt`	$1.99B	USD	1 Quarter
Proceeds from issuance of senior unsecured notes	`ProceedsFromIssuanceOfSeniorLongTermDebt`	$1.99B	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`	$14.60M	USD	1 Quarter
Principal payments of finance leases	`FinanceLeasePrincipalPayments`	$14.60M	USD	1 Quarter
Costs incurred in connection with financing arrangements	`PaymentsOfDebtIssuanceCosts`	$29.30M	USD	1 Quarter
Costs incurred in connection with financing arrangements	`PaymentsOfDebtIssuanceCosts`	$29.30M	USD	1 Quarter
Repurchases of common stock	`PaymentsForRepurchaseOfEquity`	$124.90M	USD	1 Quarter
Repurchases of common stock	`PaymentsForRepurchaseOfEquity`	$124.90M	USD	1 Quarter
Repurchases of common stock	`PaymentsForRepurchaseOfEquity`	$123.70M	USD	1 Quarter
Repurchases of common stock	`PaymentsForRepurchaseOfEquity`	$123.70M	USD	1 Quarter
Shares tendered for tax withholding obligations	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$36.50M	USD	1 Quarter
Shares tendered for tax withholding obligations	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$36.50M	USD	1 Quarter
Shares tendered for tax withholding obligations	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$46.50M	USD	1 Quarter
Shares tendered for tax withholding obligations	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$46.50M	USD	1 Quarter
Contributions from noncontrolling interests	`ProceedsFromMinorityShareholders`	$1.80M	USD	1 Quarter
Contributions from noncontrolling interests	`ProceedsFromMinorityShareholders`	$1.80M	USD	1 Quarter
Distributions to noncontrolling interests	`PaymentsOfDividendsToNoncontrollingInterests`	$17.90M	USD	1 Quarter
Distributions to noncontrolling interests	`PaymentsOfDividendsToNoncontrollingInterests`	$17.90M	USD	1 Quarter
Distributions to noncontrolling interests	`PaymentsOfDividendsToNoncontrollingInterests`	$53.20M	USD	1 Quarter
Distributions to noncontrolling interests	`PaymentsOfDividendsToNoncontrollingInterests`	$53.20M	USD	1 Quarter
Repurchase of noncontrolling interests	`PaymentsForRepurchaseOfRedeemableNoncontrollingInterest`	$1.30M	USD	1 Quarter
Repurchase of noncontrolling interests	`PaymentsForRepurchaseOfRedeemableNoncontrollingInterest`	$1.30M	USD	1 Quarter
Repurchase of noncontrolling interests	`PaymentsForRepurchaseOfRedeemableNoncontrollingInterest`	$1.80B	USD	1 Quarter
Repurchase of noncontrolling interests	`PaymentsForRepurchaseOfRedeemableNoncontrollingInterest`	$1.80B	USD	1 Quarter
Dividends paid to common shareholders	`PaymentsOfOrdinaryDividendsCommonAndPreferredShareholders`	$116.60M	USD	1 Quarter
Dividends paid to common shareholders	`PaymentsOfOrdinaryDividendsCommonAndPreferredShareholders`	$116.60M	USD	1 Quarter
Dividends paid to common shareholders	`PaymentsOfOrdinaryDividendsCommonAndPreferredShareholders`	$167.20M	USD	1 Quarter
Dividends paid to common shareholders	`PaymentsOfOrdinaryDividendsCommonAndPreferredShareholders`	$167.20M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-147.00M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-147.00M	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 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
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-5.90M	USD	1 Quarter
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-5.90M	USD	1 Quarter
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$151.40M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$151.40M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$157.30M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$157.30M	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`	$109.90M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$109.90M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$151.40M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$151.40M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$157.30M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$157.30M	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`	$109.90M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$109.90M	USD	Point-in-time

Stockholders Equity 70 line items

Line Item	Tag	Value	Unit	Period
Common stock dividends, per share	`CommonStockDividendsPerShareDeclared`	$0.75	USD	1 Quarter
Common stock dividends, per share	`CommonStockDividendsPerShareDeclared`	$0.75	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`	$2.57B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.57B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.58B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.58B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.61B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.61B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.42B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.42B	USD	Point-in-time
Balance (in shares)	`TreasuryStockCommonShares`	24.87M	shares	Point-in-time
Balance (in shares)	`TreasuryStockCommonShares`	24.87M	shares	Point-in-time
Balance (in shares)	`TreasuryStockCommonShares`	24.00M	shares	Point-in-time
Balance (in shares)	`TreasuryStockCommonShares`	24.00M	shares	Point-in-time
Compensation on equity grants	`StockGrantedDuringPeriodValueSharebasedCompensationGross`	$17.60M	USD	1 Quarter
Compensation on equity grants	`StockGrantedDuringPeriodValueSharebasedCompensationGross`	$17.60M	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`	$-700.00K	USD	1 Quarter
Dividend equivalent rights	`Dividendequivalentrights`	$-700.00K	USD	1 Quarter
Shares tendered for tax withholding obligations	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$46.50M	USD	1 Quarter
Shares tendered for tax withholding obligations	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$46.50M	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
Repurchases of common stock	`StockRepurchasedDuringPeriodValue`	$124.90M	USD	1 Quarter
Repurchases of common stock	`StockRepurchasedDuringPeriodValue`	$124.90M	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 (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`	651,163.00	shares	1 Quarter
Repurchases of common stock (in shares)	`StockRepurchasedDuringPeriodShares`	651,163.00	shares	1 Quarter
Excise tax on repurchases of common stock	`ShareRepurchaseProgramExciseTax`	$500.00K	USD	1 Quarter
Excise tax on repurchases of common stock	`ShareRepurchaseProgramExciseTax`	$500.00K	USD	1 Quarter
Excise tax on repurchases of common stock	`ShareRepurchaseProgramExciseTax`	$600.00K	USD	1 Quarter
Excise tax on repurchases of common stock	`ShareRepurchaseProgramExciseTax`	$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`	$164.50M	USD	1 Quarter
Common stock dividends	`DividendsCommonStock`	$164.50M	USD	1 Quarter
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$55.80M	USD	1 Quarter
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$55.80M	USD	1 Quarter
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$4.70M	USD	1 Quarter
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$4.70M	USD	1 Quarter
Contributions from noncontrolling interests	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	$1.80M	USD	1 Quarter
Contributions from noncontrolling interests	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	$1.80M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLoss`	$-21.40M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLoss`	$-21.40M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLoss`	$-51.70M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLoss`	$-51.70M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$332.60M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$332.60M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$279.80M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$279.80M	USD	1 Quarter
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.57B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.57B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.58B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.58B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.61B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.61B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.42B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.42B	USD	Point-in-time
Balance (in shares)	`TreasuryStockCommonShares`	24.87M	shares	Point-in-time
Balance (in shares)	`TreasuryStockCommonShares`	24.87M	shares	Point-in-time
Balance (in shares)	`TreasuryStockCommonShares`	24.00M	shares	Point-in-time
Balance (in shares)	`TreasuryStockCommonShares`	24.00M	shares	Point-in-time

Comprehensive Income 28 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$332.60M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$332.60M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$279.80M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$279.80M	USD	1 Quarter
Other comprehensive income (loss), pre-tax	`OtherComprehensiveIncomeLossBeforeTax`	$-27.70M	USD	1 Quarter
Other comprehensive income (loss), pre-tax	`OtherComprehensiveIncomeLossBeforeTax`	$-27.70M	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), 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`	$-6.30M	USD	1 Quarter
Other comprehensive income (loss), related income tax	`OtherComprehensiveIncomeLossTax`	$-6.30M	USD	1 Quarter
Other comprehensive income (loss), after tax	`OtherComprehensiveIncomeLossNetOfTax`	$-21.40M	USD	1 Quarter
Other comprehensive income (loss), after tax	`OtherComprehensiveIncomeLossNetOfTax`	$-21.40M	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
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$280.90M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$280.90M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$258.40M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$258.40M	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`	$57.40M	USD	1 Quarter
Less: Comprehensive income (loss) attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$9.30M	USD	1 Quarter
Less: Comprehensive income (loss) attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$9.30M	USD	1 Quarter
Comprehensive income (loss) attributable to Targa Resources Corp.	`ComprehensiveIncomeNetOfTax`	$249.10M	USD	1 Quarter
Comprehensive income (loss) attributable to Targa Resources Corp.	`ComprehensiveIncomeNetOfTax`	$249.10M	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

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