INVENTORIES (Tables)

6 Months Ended

Jun. 30, 2020

Inventory Disclosure [Abstract]

Schedule of Inventory

Inventories consisted of the following:

June 30, 2020
(in millions)	Titled Inventory		Inventory Intermediation Agreements		Total
Crude oil and feedstocks	$	1,254.0	$	—	$	1,254.0
Refined products and blendstocks	1,056.3		277.2		1,333.5
Warehouse stock and other	135.7		—		135.7
	$	2,446.0	$	277.2	$	2,723.2
Lower of cost or market adjustment	(965.7)		(137.3)		(1,103.0)
Total inventories	$	1,480.3	$	139.9	$	1,620.2

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