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INVENTORIES (Tables)
3 Months Ended
Mar. 31, 2022
Inventory Disclosure [Abstract]  
Schedule of Inventory
Inventories consisted of the following:
March 31, 2022
(in millions)Titled InventoryInventory Intermediation AgreementTotal
Crude oil and feedstocks$1,198.2 $210.9 $1,409.1 
Refined products and blendstocks1,030.3 310.7 1,341.0 
Warehouse stock and other143.4 — 143.4 
$2,371.9 $521.6 $2,893.5 
Lower of cost or market adjustment— — — 
Total inventories$2,371.9 $521.6 $2,893.5 
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