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Inventories (Tables)
12 Months Ended
Dec. 31, 2019
Inventories [Abstract]  
Inventory Amounts by Product Type Our inventory amounts by product type were as follows at the dates indicated:

 
 
December 31,
 
 
 
2019
   
2018
 
NGLs
 
$
1,094.9
   
$
647.7
 
Petrochemicals and refined products
   
311.5
     
264.7
 
Crude oil
   
674.2
     
593.4
 
Natural gas
   
10.8
     
16.3
 
Total
 
$
2,091.4
   
$
1,522.1
 
Cost of Sales and Lower of Cost or Market Adjustments The following table presents our total cost of sales amounts and lower of cost or net realizable value adjustments for the years indicated:

 
For the Year Ended December 31,
 
 
2019
 
2018
 
2017
 
Cost of sales (1)
 
$
22,065.8
   
$
26,789.8
   
$
21,487.0
 
Lower of cost or net realizable value adjustments recognized in cost of sales
   
22.7
     
11.5
     
9.1
 

(1)
Cost of sales is a component of “Operating costs and expenses,” as presented on our Statements of Consolidated Operations.  Fluctuations in these amounts are primarily due to changes in energy commodity prices and sales volumes associated with our marketing activities.