INVENTORIES (Tables)

3 Months Ended

Mar. 31, 2019

Inventory Disclosure [Abstract]

Schedule of Inventory

Inventories consisted of the following:

March 31, 2019
(in millions)	Titled Inventory			Inventory Intermediation Agreements			Total
Crude oil and feedstocks	$	1,156.2		$	69.9		$	1,226.1
Refined products and blendstocks	1,067.1			308.0			1,375.1
Warehouse stock and other	109.4			—			109.4
	$	2,332.7		$	377.9		$	2,710.6
Lower of cost or market adjustment	(76.8		)	(69.0		)	(145.8		)
Total inventories	$	2,255.9		$	308.9		$	2,564.8

December 31, 2018
(in millions)	Titled Inventory			Inventory Intermediation Agreements			Total
Crude oil and feedstocks	$	1,044.8		$	—		$	1,044.8
Refined products and blendstocks	1,026.9			334.8			1,361.7
Warehouse stock and other	109.4			—			109.4
	$	2,181.1		$	334.8		$	2,515.9
Lower of cost or market adjustment	(557.2		)	(94.6		)	(651.8		)
Total inventories	$	1,623.9		$	240.2		$	1,864.1