ACCRUED EXPENSES

Accrued expenses consisted of the following:



(in millions)	September 30, 2019		December 31, 2018
Inventory-related accruals	$	993.5	$	846.3
Inventory intermediation agreements	241.5		249.4
Excise and sales tax payable	115.6		149.4
Accrued transportation costs	66.6		53.6
Renewable energy credit and emissions obligations	46.2		27.1
Accrued utilities	38.9		49.8
Accrued capital expenditures	29.0		59.9
Accrued interest	28.8		6.8
Accrued salaries and benefits	26.3		89.3
Accrued refinery maintenance and support costs	23.4		19.0
Environmental liabilities	8.7		6.5
Customer deposits	4.1		5.6
Other	20.0		16.3
Total accrued expenses	$	1,642.6	$	1,579.0

The Company has the obligation to repurchase certain crude oil, intermediate and finished products (the “Products”) that are held in the Storage Tanks in accordance with the Inventory Intermediation Agreements with J. Aron. As of September 30, 2019 and December 31, 2018, a liability is recognized for the Inventory Intermediation Agreements and is recorded at market price for the J. Aron owned inventory held in the Company’s Storage Tanks under the Inventory Intermediation Agreements, with any change in the market price being recorded in Cost of products and other.

The Company is subject to obligations to purchase Renewable Identification Numbers (“RINs”) required to comply with the Renewable Fuels Standard. The Company’s overall RINs obligation is based on a percentage of domestic shipments of on-road fuels as established by Environmental Protection Agency. To the degree the Company is unable to blend the required amount of biofuels to satisfy its RINs obligation, RINs must be purchased on the open market to avoid penalties and fines. The Company records its RINs obligation on a net basis in Accrued expenses when its RINs liability is greater than the amount of RINs earned and purchased in a given period and in Prepaid and other current assets when the amount of RINs earned and purchased is greater than the RINs liability. In addition, the Company is subject to obligations to comply with federal and state legislative and regulatory measures, including regulations in the state of California pursuant to Assembly Bill 32 (“AB32”), to address environmental compliance and greenhouse gas and other emissions. These requirements include incremental costs to operate and maintain our facilities as well as to implement and manage new emission controls and programs. Renewable energy credit and emissions obligations fluctuate with the volume of applicable product sales and timing of credit purchases.