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INVENTORY
12 Months Ended
Dec. 31, 2016
Inventory Disclosure [Abstract]  
INVENTORY
9. INVENTORY
 
Our inventory is comprised of the following:
 
 
 
December 31,
 
 
 
2016
 
2015
 
 
 
(in millions)
 
Materials and supplies
 
$
1.8
 
$
2.2
 
Crude oil inventory
 
 
1.3
 
 
1.6
 
Natural gas and NGL inventory
 
 
27.8
 
 
31.3
 
Total inventory
 
$
30.9
 
$
35.1
 
 
“Commodity costs” on our consolidated statements of income include charges totaling $5.8 million and $11.4 million for the years ended 2015 and 2014, respectively, that we recorded to reduce the cost basis of our inventory of natural gas and natural gas liquids, or NGLs, to reflect the current market value. For the year ended December 31, 2016, we did not have any similar material charges related to our inventory of natural gas and NGLs.