INVENTORIES (Tables)

3 Months Ended

Mar. 31, 2021

Inventory Disclosure [Abstract]

Schedule of Inventory

Inventories consisted of the following:

March 31, 2021
(in millions)	Titled Inventory		Inventory Intermediation Agreements		Total
Crude oil and feedstocks	$	1,177.2	$	—	$	1,177.2
Refined products and blendstocks	994.7		267.5		1,262.2
Warehouse stock and other	137.0		—		137.0
	$	2,308.9	$	267.5	$	2,576.4
Lower of cost or market adjustment	(205.0)		(59.0)		(264.0)
Total inventories	$	2,103.9	$	208.5	$	2,312.4

December 31, 2020
(in millions)	Titled Inventory		Inventory Intermediation Agreements		Total
Crude oil and feedstocks	$	1,018.9	$	—	$	1,018.9
Refined products and blendstocks	933.7		266.5		1,200.2
Warehouse stock and other	136.7		—		136.7
	$	2,089.3	$	266.5	$	2,355.8
Lower of cost or market adjustment	(572.4)		(97.2)		(669.6)
Total inventories	$	1,516.9	$	169.3	$	1,686.2