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Derivative Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2014
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Components of gain (loss) on derivatives, net
Gain (loss) on derivatives, net and current period settlements on derivative contracts were as follows:
 
Year Ended December 31,
 
2014
 
2013
 
2012
 
(in millions)
Current period settlement on derivative contracts
$
122.2

 
$
6.4

 
$
(137.6
)
Gain (loss) on derivatives, net
185.6

 
57.1

 
(285.6
)
Schedule of offsetting assets
The offsetting assets and liabilities for the Refining Partnership's derivatives as of December 31, 2014 are recorded as current assets and non-current assets in prepaid expenses and other current assets and other long-term assets, respectively, in the Consolidated Balance Sheets as follows:
 
As of December 31, 2014
Description
Gross
 Current Assets
 
Gross
Amounts
Offset
 
Net
Current Assets
 Presented
 
Cash
Collateral
 Not Offset
 
Net
Amount
 
(in millions)
Commodity Swaps
$
25.3

 
$
(0.3
)
 
$
25.0

 
$

 
$
25.0

Total
$
25.3

 
$
(0.3
)
 
$
25.0

 
$

 
$
25.0


 
As of December 31, 2014
Description
Gross
 Non-Current Assets
 
Gross
Amounts
Offset
 
Net
Non-Current Assets
 Presented
 
Cash
Collateral
 Not Offset
 
Net
Amount
 
(in millions)
Commodity Swaps
$
22.3

 
$

 
$
22.3

 
$

 
$
22.3

Total
$
22.3

 
$

 
$
22.3

 
$

 
$
22.3



The offsetting assets and liabilities for the Refining Partnership's derivatives as of December 31, 2013 are recorded as current assets, non-current assets, current liabilities and non-current liabilities in prepaid expenses and other current assets, other long-term assets, other current liabilities and other long-term liabilities, respectively, in the Consolidated Balance Sheets as follows:
 
As of December 31, 2013
Description
Gross
 Current Assets
 
Gross
Amounts
Offset
 
Net
Current Assets
 Presented
 
Cash
Collateral
 Not Offset
 
Net
Amount
 
(in millions)
Commodity Swaps
$
4.3

 
$
(3.4
)
 
$
0.9

 
$

 
$
0.9

Total
$
4.3

 
$
(3.4
)
 
$
0.9

 
$

 
$
0.9


 
As of December 31, 2013
Description
Gross
 Non-Current Assets
 
Gross
Amounts
Offset
 
Net
Non-Current Assets
 Presented
 
Cash
Collateral
 Not Offset
 
Net
Amount
 
(in millions)
Commodity Swaps
$
0.1

 
$

 
$
0.1

 
$

 
$
0.1

Total
$
0.1

 
$

 
$
0.1

 
$

 
$
0.1

Schedule of offsetting liabilities
 
As of December 31, 2013
Description
Gross
 Current Liabilities
 
Gross
Amounts
Offset
 
Net
Current Liabilities
 Presented
 
Cash
Collateral
 Not Offset
 
Net
Amount
 
(in millions)
Commodity Swaps
$
31.4

 
$
(16.1
)
 
$
15.3

 
$

 
$
15.3

Total
$
31.4

 
$
(16.1
)
 
$
15.3

 
$

 
$
15.3


 
As of December 31, 2013
Description
Gross
 Non-Current Liabilities
 
Gross
Amounts
Offset
 
Net
Non-Current Liabilities
 Presented
 
Cash
Collateral
 Not Offset
 
Net
Amount
 
(in millions)
Commodity Swaps
$
1.9

 
$
(0.1
)
 
$
1.8

 
$

 
$
1.8

Total
$
1.9

 
$
(0.1
)
 
$
1.8

 
$

 
$
1.8