INVENTORIES (Tables)

6 Months Ended

Jun. 30, 2019

Inventory Disclosure [Abstract]

Schedule of Inventory

Inventories consisted of the following:

June 30, 2019
(in millions)	Titled Inventory			Inventory Intermediation Agreements			Total
Crude oil and feedstocks	$	992.7		$	115.0		$	1,107.7
Refined products and blendstocks	1,082.9			335.1			1,418.0
Warehouse stock and other	114.7			—			114.7
	$	2,190.3		$	450.1		$	2,640.4
Lower of cost or market adjustment	(250.6		)	(77.2		)	(327.8		)
Total inventories	$	1,939.7		$	372.9		$	2,312.6

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