INVENTORIES (Tables)

9 Months Ended

Sep. 30, 2019

Inventory Disclosure [Abstract]

Schedule of Inventory

Inventories consisted of the following:

September 30, 2019
(in millions)	Titled Inventory			Inventory Intermediation Agreements			Total
Crude oil and feedstocks	$	1,065.6		$	20.4		$	1,086.0
Refined products and blendstocks	1,034.0			266.8			1,300.8
Warehouse stock and other	118.4			—			118.4
	$	2,218.0		$	287.2		$	2,505.2
Lower of cost or market adjustment	(292.4		)	(82.4		)	(374.8		)
Total inventories	$	1,925.6		$	204.8		$	2,130.4

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