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INVENTORIES (Tables)
12 Months Ended
Dec. 31, 2021
Inventory Disclosure [Abstract]  
Schedule of Inventories
Inventories consisted of the following:
December 31, 2021
(in millions)Titled InventoryInventory Intermediation AgreementTotal
Crude oil and feedstocks$953.5 $151.4 $1,104.9 
Refined products and blendstocks964.6 293.8 1,258.4 
Warehouse stock and other141.8 — 141.8 
$2,059.9 $445.2 $2,505.1 
Lower of cost or market adjustment— — — 
Total inventories$2,059.9 $445.2 $2,505.1 
 
December 31, 2020
(in millions)Titled InventoryInventory Intermediation AgreementsTotal
Crude oil and feedstocks$1,018.9 $— $1,018.9 
Refined products and blendstocks933.7 266.5 1,200.2 
Warehouse stock and other136.7 — 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