INVENTORIES (Tables)

3 Months Ended

Mar. 31, 2020

Inventory Disclosure [Abstract]

Schedule of Inventory

Inventories consisted of the following:

March 31, 2020
(in millions)	Titled Inventory		Inventory Intermediation Agreements		Total
Crude oil and feedstocks	$	1,158.7	$	—	$	1,158.7
Refined products and blendstocks	1,109.6		270.8		1,380.4
Warehouse stock and other	134.6		—		134.6
	$	2,402.9	$	270.8	$	2,673.7
Lower of cost or market adjustment	(1,521.5)		(165.7)		(1,687.2)
Total inventories	$	881.4	$	105.1	$	986.5

December 31, 2019
(in millions)	Titled Inventory		Inventory Intermediation Agreements		Total
Crude oil and feedstocks	$	1,071.4	$	2.7	$	1,074.1
Refined products and blendstocks	976.0		352.9		1,328.9
Warehouse stock and other	120.8		—		120.8
	$	2,168.2	$	355.6	$	2,523.8
Lower of cost or market adjustment	(324.8)		(76.8)		(401.6)
Total inventories	$	1,843.4	$	278.8	$	2,122.2