PBF Energy (PBF) 10-Q31 Jul 202020 Q2 Quarterly reportFinancial data

Company Profile

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
Document and Entity Information - shares	Jun. 30, 2020	Jul. 28, 2020	Dec. 31, 2019
Entity Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2020
Document Transition Report	false
Entity File Number	001-35764
Entity Registrant Name	PBF ENERGY INC.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	45-3763855
Entity Address, Address Line One	One Sylvan Way, Second Floor
Entity Address, City or Town	Parsippany
Entity Address, State or Province	NJ
Entity Address, Postal Zip Code	07054
City Area Code	973
Local Phone Number	455-7500
Title of 12(b) Security	Common Stock
Trading Symbol	PBF
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Ownership Percentage of Equity Held	100.00%		100.00%
Entity Central Index Key	0001534504
Amendment Flag	false
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2020
Current Fiscal Year End Date	--12-31
Class A Common Stock [Member]
Entity Information [Line Items]
Entity Common Stock, Shares Outstanding		120,148,336
Class B common stock [Member]
Entity Information [Line Items]
Entity Common Stock, Shares Outstanding		17
PBF LLC [Member]
Entity Information [Line Items]
Entity File Number	333-206728-02
Entity Registrant Name	PBF Energy Co LLC
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	61-1622166
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Central Index Key	0001645026
PBF LLC [Member] \| Class A Common Stock [Member]
Entity Information [Line Items]
Entity Common Stock, Shares Outstanding		0

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents (PBFX: $21.6 and $35.0, respectively)	$ 1,225.2	$ 814.9
Accounts receivable	429	835
Inventories	1,620.2	2,122.2
Prepaid and other current assets	112.7	51.6
Total current assets	3,387.1	3,823.7
Property, plant and equipment, net (PBFX: $841.5 and $854.6, respectively)	4,988.7	4,023.2
Deferred tax assets	182.8	0
Lease right of use assets	489	330.6
Deferred charges and other assets, net	1,025.7	954.9
Total assets	10,073.3	9,132.4
Current liabilities:
Accounts payable	423.4	601.4
Accrued expenses	1,444.7	1,815.6
Deferred revenue	20.5	20.1
Current operating lease liabilities	148.6	72.1
Total current liabilities	2,037.2	2,509.2
Long-term debt (PBFX: $768.1 and $802.1, respectively)	4,092.8	2,064.9
Payable to related parties pursuant to Tax Receivable Agreement	385.1	373.5
Deferred tax liabilities	41.3	96.9
Long-term operating lease liabilities	257.3	233.1
Long-term lease obligations	70	18.4
Other long-term liabilities	299.9	250.9
Total liabilities	7,183.6	5,546.9
Commitments and contingencies (Note 9)
Preferred stock, $0.001 par value, 100,000,000 shares authorized, no shares outstanding at June 30, 2020 and December 31, 2019	0	0
Treasury stock, at cost	(165.7)	(165.7)
Additional paid in capital	2,832.7	2,812.3
Retained earnings	(311.5)	401.2
Accumulated other comprehensive loss	(10.8)	(8.3)
Total PBF Energy Company LLC equity	2,344.8	3,039.6
Noncontrolling interest	544.9	545.9
Total equity	2,889.7	3,585.5
Total liabilities, Series B units and equity	10,073.3	9,132.4
PBF Logistics LP [Member]
Current assets:
Cash and cash equivalents (PBFX: $21.6 and $35.0, respectively)	21.6	35
Property, plant and equipment, net (PBFX: $841.5 and $854.6, respectively)	841.5	854.6
Current liabilities:
Long-term debt (PBFX: $768.1 and $802.1, respectively)	768.1	802.1
Class A Common Stock [Member]
Current liabilities:
Common stock, issuance value	0.1	0.1
Class B common stock [Member]
Current liabilities:
Common stock, issuance value	0	0
PBF LLC [Member]
Current assets:
Cash and cash equivalents (PBFX: $21.6 and $35.0, respectively)	1,225.1	813.7
Accounts receivable	429	834
Inventories	1,620.2	2,122.2
Prepaid and other current assets	112.7	51.6
Total current assets	3,387	3,821.5
Property, plant and equipment, net (PBFX: $841.5 and $854.6, respectively)	4,988.7	4,023.2
Lease right of use assets	489	330.6
Deferred charges and other assets, net	1,024.6	953.8
Total assets	9,889.3	9,129.1
Current liabilities:
Accounts payable	423.4	601.4
Accrued expenses	1,481.3	1,846.2
Deferred revenue	20.5	20.1
Current operating lease liabilities	148.6	72.1
Total current liabilities	2,073.8	2,539.8
Long-term debt (PBFX: $768.1 and $802.1, respectively)	4,092.8	2,064.9
Affiliate note payable	377	376.4
Deferred tax liabilities	41.3	31.4
Long-term operating lease liabilities	257.3	233.1
Long-term lease obligations	70	18.4
Other long-term liabilities	299.9	250.9
Total liabilities	7,212.1	5,514.9
Series B Units, 1,000,000 issued and outstanding, no par or stated value	5.1	5.1
Treasury stock, at cost	(165.7)	(165.7)
Retained earnings	179.8	1,142.4
Accumulated other comprehensive loss	(8.6)	(9.7)
Total PBF Energy Company LLC equity	2,227.5	3,176.4
Noncontrolling interest	444.6	432.7
Total equity	2,672.1	3,609.1
Total liabilities, Series B units and equity	9,889.3	9,129.1
PBF LLC [Member] \| Series A Units [Member]
Current liabilities:
Common unit, issuance value	17.6	20
PBF LLC [Member] \| Series C Units [Member]
Current liabilities:
Common unit, issuance value	$ 2,204.4	$ 2,189.4

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
Cash and cash equivalents (PBFX: $22,009 and $19,664, respectively)	$ 1,225.2	$ 814.9
Property, plant and equipment, net (PBFX: $670,261 and $673,823, respectively)	4,988.7	4,023.2
Long-term debt (PBFX: $768.1 and $802.1, respectively)	$ 4,092.8	$ 2,064.9
Preferred Stock, Par or Stated Value Per Share	$ 0.001	$ 0.001
Preferred Stock, Shares Authorized	100,000,000	100,000,000
Preferred Stock, Shares Outstanding	0	0
Treasury stock, shares	6,455,930	6,424,787
Class A Common Stock [Member]
Common Stock, Par or Stated Value Per Share	$ 0.001	$ 0.001
Common Stock, Shares Authorized	1,000,000,000	1,000,000,000
Common Stock, Shares, Outstanding	120,032,858	119,804,971
Class B common stock [Member]
Common Stock, Par or Stated Value Per Share	$ 0.001	$ 0.001
Common Stock, Shares Authorized	1,000,000	1,000,000
Common Stock, Shares, Outstanding	17	20
PBF Logistics LP [Member]
Cash and cash equivalents (PBFX: $22,009 and $19,664, respectively)	$ 21.6	$ 35
Property, plant and equipment, net (PBFX: $670,261 and $673,823, respectively)	841.5	854.6
Long-term debt (PBFX: $768.1 and $802.1, respectively)	768.1	802.1
PBF LLC [Member]
Cash and cash equivalents (PBFX: $22,009 and $19,664, respectively)	1,225.1	813.7
Property, plant and equipment, net (PBFX: $670,261 and $673,823, respectively)	4,988.7	4,023.2
Long-term debt (PBFX: $768.1 and $802.1, respectively)	$ 4,092.8	$ 2,064.9
PBF LLC [Member] \| Series B Units [Member]
Units Issued (in shares)	1,000,000	1,000,000
Units Outstanding (in shares)	1,000,000	1,000,000
PBF LLC [Member] \| Series A Units [Member]
Units Issued (in shares)	975,625	1,215,317
Units Outstanding (in shares)	975,625	1,215,317
PBF LLC [Member] \| Series C Units [Member]
Units Issued (in shares)	120,054,089	119,826,202
Units Outstanding (in shares)	120,054,089	119,826,202

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($) $ in Millions	3 Months Ended			6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019		Jun. 30, 2020	Jun. 30, 2019
Revenues	$ 2,515.8	$ 6,560		$ 7,793.3	$ 11,776.2
Cost and expenses:
Cost of products and other	1,753.1	5,955.8		7,716.4	10,165
Operating expenses (excluding depreciation and amortization expense as reflected below)	442.1	433.2		973.8	912.2
Depreciation and amortization expense	122.3	104.2		239	207.2
Cost of sales	2,317.5	6,493.2		8,929.2	11,284.4
General and administrative expenses (excluding depreciation and amortization expense as reflected below)	57.9	53.6		140.4	111.2
Depreciation and amortization expense	2.8	2.9		5.7	5.7
Change in fair value of contingent consideration	(12.1)	0		(64.9)	0
(Gain) loss on sale of assets	(471.1)	0.8		(471.1)	0.8
Total cost and expenses	1,895	6,550.5		8,539.3	11,402.1
Income (loss) from operations	620.8	9.5		(746)	374.1	[1]
Other income (expense):
Interest expense, net	(65.5)	(42.1)		(114.7)	(81.6)
Change in Tax Receivable Agreement liability	0	0		(11.6)	0
Change in fair value of catalyst obligations	(5.1)	0.5		6.6	(2.6)
Debt extinguishment costs	0	0		(22.2)	0
Other non-service components of net periodic benefit cost	1.1	0		2.1	(0.1)
Income (loss) before income taxes	551.3	(32.1)		(885.8)	289.8
Income tax expense (benefit)	138.3	(10.5)		(236.3)	70
Net income (loss)	413	(21.6)		(649.5)	219.8
Less: net income attributable to noncontrolling interests	23.9	10.6		27.3	22.8
Net income (loss) attributable to PBF Energy Inc. stockholders	$ 389.1	$ (32.2)		$ (676.8)	$ 197
Weighted-average shares of Class A common stock outstanding
Basic (in shares)	120,010,882	119,181,845		119,499,392	119,885,386
Diluted (in shares)	121,428,900	119,181,845		120,612,601	122,020,444
Net income (loss) available to Class A common stock per share:
Basic (in dollars per share)	$ 3.24	$ (0.27)		$ (5.66)	$ 1.64
Diluted (in dollars per share)	$ 3.23	$ (0.27)		$ (5.67)	$ 1.63
PBF LLC [Member]
Revenues	$ 2,515.8	$ 6,560		$ 7,793.3	$ 11,776.2
Cost and expenses:
Cost of products and other	1,753.1	5,955.8		7,716.4	10,165
Operating expenses (excluding depreciation and amortization expense as reflected below)	442.1	433.2		973.8	912.2
Depreciation and amortization expense	122.3	104.2		239	207.2
Cost of sales	2,317.5	6,493.2		8,929.2	11,284.4
General and administrative expenses (excluding depreciation and amortization expense as reflected below)	57.6	53.2		140.1	110.5
Depreciation and amortization expense	2.8	2.9		5.7	5.7
Change in fair value of contingent consideration	(12.1)	0		(64.9)	0
(Gain) loss on sale of assets	(471.1)	0.8		(471.1)	0.8
Total cost and expenses	1,894.7	6,550.1		8,539	11,401.4
Income (loss) from operations	621.1	9.9	[1],[2]	(745.7)	374.8	[1],[2]
Other income (expense):
Interest expense, net	(68.1)	(44.5)		(119.8)	(86)
Change in fair value of catalyst obligations	(5.1)	0.5		6.6	(2.6)
Debt extinguishment costs	0	0		(22.2)	0
Other non-service components of net periodic benefit cost	1.1	0		2.1	(0.1)
Income (loss) before income taxes	549	(34.1)		(879)	286.1
Income tax expense (benefit)	(4.4)	1.8		9.8	(5.4)
Net income (loss)	553.4	(35.9)		(888.8)	291.5
Less: net income attributable to noncontrolling interests	19.5	11.1		37.5	20.1
Net income (loss) attributable to PBF Energy Inc. stockholders	$ 533.9	$ (47)		$ (926.3)	$ 271.4

[1]	(2) Prior to the TVPC Contribution Agreement, the Logistics segment included 100% of the income from operations of TVPC, as TVPC was consolidated by PBFX. PBFX recorded net income attributable to noncontrolling interest for the 50% equity interest in TVPC held by PBF Holding. PBF Holding (included in the Refining segment) recorded equity income in investee related to its 50% noncontrolling ownership interest in TVPC. For purposes of the Company’s Condensed Consolidated Financial Statements, PBF Holding’s equity income in investee and PBFX’s net income attributable to noncontrolling interest eliminated in consolidation.
[2]	(1) On April 24, 2019, PBFX entered into a contribution agreement with PBF LLC (the “TVPC Contribution Agreement”), pursuant to which PBF LLC contributed to PBFX all of the issued and outstanding limited liability company interests of TVP Holding Company LLC (“TVP Holding”) for total consideration of $200.0 million (the “TVPC Acquisition”). Prior to the TVPC Acquisition, TVP Holding owned a 50% equity interest in Torrance Valley Pipeline Company LLC (“TVPC”). Subsequent to the closing of the TVPC Acquisition on May 31, 2019, PBFX owns 100% of the membership interests in TVPC.

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Operations (Parenthetical) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Depreciation and amortization expense	$ 122.3	$ 104.2	$ 239	$ 207.2

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Net income (loss)	$ 413	$ (21.6)	$ (649.5)	$ 219.8
Other comprehensive income (loss):
Unrealized gain on available for sale securities	0.1	0.3	0.7	0.3
Net gain (loss) on pension and other post-retirement benefits	0.2	0.2	(3.2)	0.4
Total other comprehensive income (loss)	0.3	0.5	(2.5)	0.7
Comprehensive income (loss)	413.3	(21.1)	(652)	220.5
Less: comprehensive income attributable to noncontrolling interests	23.9	10.8	27.3	22.9
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	389.4	(31.9)	(679.3)	197.6
PBF LLC [Member]
Net income (loss)	553.4	(35.9)	(888.8)	291.5
Other comprehensive income (loss):
Unrealized gain on available for sale securities	0.1	0.3	0.7	0.3
Net gain (loss) on pension and other post-retirement benefits	0.2	0.2	0.4	0.4
Total other comprehensive income (loss)	0.3	0.5	1.1	0.7
Comprehensive income (loss)	553.7	(35.4)	(887.7)	292.2
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	$ 534.2	$ (46.5)	$ (925.2)	$ 272.1

Condensed Consolidated Statem_4

Condensed Consolidated Statement of Cash Flows - USD ($)	6 Months Ended
Condensed Consolidated Statement of Cash Flows - USD ($)	Jun. 30, 2020	Jun. 30, 2019
Cash flows from operating activities:
Net income (loss)	$ (649,500,000)	$ 219,800,000
Adjustments to reconcile net income (loss) to net cash used in operating activities:
Depreciation and amortization	254,000,000	218,400,000
Stock-based compensation	18,700,000	20,000,000
Change in fair value of catalyst obligations	(6,600,000)	2,600,000
Deferred income taxes	(236,700,000)	68,200,000
Change in Tax Receivable Agreement liability	11,600,000	0
Non-cash change in inventory repurchase obligations	(25,700,000)	35,000,000
Non-cash lower of cost or market inventory adjustment	701,400,000	(324,000,000)
Change in fair value of contingent consideration	(64,900,000)	0
Debt extinguishment costs	22,200,000	0
Pension and other post-retirement benefit costs	27,300,000	22,400,000
(Gain) loss on sale of assets	(471,100,000)	800,000
Changes in operating assets and liabilities:
Accounts receivable	406,000,000	(271,600,000)
Inventories	24,800,000	(124,600,000)
Prepaid and other current assets	(55,700,000)	(35,100,000)
Accounts payable	(192,200,000)	(33,500,000)
Accrued expenses	(366,000,000)	197,800,000
Deferred revenue	400,000	5,200,000
Other assets and liabilities	(26,800,000)	(28,800,000)
Net cash used in operating activities	(628,800,000)	(27,400,000)
Cash flows from investing activities:
Expenditures for property, plant and equipment	(120,400,000)	(206,100,000)
Expenditures for deferred turnaround costs	(159,200,000)	(261,900,000)
Expenditures for other assets	(7,200,000)	(33,900,000)
Acquisition of Martinez refinery		0
Proceeds from sale of assets	529,400,000	0
Net cash used in investing activities	(933,600,000)	(501,900,000)
Cash flows from financing activities:
Distributions to PBF Energy Company LLC members other than PBF Energy	(400,000)	(2,400,000)
Distributions to PBFX public unitholders	(26,500,000)	(29,200,000)
Dividend payments	(35,900,000)	(71,700,000)
Proceeds from borrowings	1,150,000,000	1,250,000,000
Repayments of revolver borrowings	(550,000,000)	(1,250,000,000)
Settlements of catalyst obligations	(8,800,000)	(1,200,000)
Payments on financing leases	(5,700,000)	0
Proceeds from insurance premium financing	33,800,000	18,900,000
Proceeds from stock options exercised	0	200,000
Purchase of treasury stock	0	(1,400,000)
Deferred financing costs and other	(27,700,000)	(1,100,000)
Net cash provided by financing activities	1,972,700,000	136,100,000
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total	410,300,000	(393,200,000)
Cash and cash equivalents, beginning of period	814,900,000	597,300,000
Cash and cash equivalents, end of period	1,225,200,000	204,100,000
Non-cash activities:
Accrued and unpaid capital expenditures	29,900,000	39,900,000
Assets acquired under operating and financing leases	224,300,000	296,200,000
Fair value of the Martinez Contingent Consideration at acquisition	77,300,000	0
Income taxes	600,000	1,600,000
Capitalized interest	5,900,000	8,100,000
Interest Paid, Excluding Capitalized Interest, Operating Activities	73,000,000	72,100,000
PBFX Revolving Credit Facility [Member]
Cash flows from financing activities:
Proceeds from borrowings	100,000,000	196,000,000
Repayments of revolver borrowings	(135,000,000)	(101,000,000)
Rail Term Loan [Member]
Cash flows from financing activities:
Repayments of debt	(3,600,000)	(3,500,000)
2023 Senior Notes [Member]
Cash flows from financing activities:
Repayments of debt	(517,500,000)	0
2028 Senior Notes
Cash flows from financing activities:
Proceeds from Issuance of Long-term Debt	1,000,000,000	0
2025 Senior Secured Notes [Member]
Cash flows from financing activities:
Proceeds from Issuance of Long-term Debt	1,000,000,000	0
PBF Logistics LP [Member]
Cash flows from financing activities:
Net proceeds from issuance of PBFX common units	0	132,500,000
PBF LLC [Member]
Cash flows from operating activities:
Net income (loss)	(888,800,000)	291,500,000
Adjustments to reconcile net income (loss) to net cash used in operating activities:
Depreciation and amortization	254,000,000	218,400,000
Stock-based compensation	18,700,000	20,000,000
Change in fair value of catalyst obligations	(6,600,000)	2,600,000
Deferred income taxes	9,800,000	(5,300,000)
Non-cash change in inventory repurchase obligations	(25,700,000)	35,000,000
Non-cash lower of cost or market inventory adjustment	701,400,000	(324,000,000)
Change in fair value of contingent consideration	(64,900,000)	0
Debt extinguishment costs	22,200,000	0
Pension and other post-retirement benefit costs	27,300,000	22,400,000
(Gain) loss on sale of assets	(471,100,000)	800,000
Changes in operating assets and liabilities:
Accounts receivable	404,900,000	(271,600,000)
Inventories	24,800,000	(124,600,000)
Prepaid and other current assets	(55,700,000)	(35,600,000)
Accounts payable	(192,200,000)	(33,500,000)
Accrued expenses	(360,000,000)	202,000,000
Deferred revenue	400,000	5,200,000
Other assets and liabilities	(26,700,000)	(28,800,000)
Net cash used in operating activities	(628,200,000)	(25,500,000)
Cash flows from investing activities:
Expenditures for property, plant and equipment	(120,400,000)	(206,100,000)
Expenditures for deferred turnaround costs	(159,200,000)	(261,900,000)
Expenditures for other assets	(7,200,000)	(33,900,000)
Acquisition of Martinez refinery	(1,176,200,000)	0
Proceeds from sale of assets	529,400,000	0
Net cash used in investing activities	(933,600,000)	(501,900,000)
Cash flows from financing activities:
Net proceeds from issuance of PBFX common units	0	132,500,000
Distributions to PBFX public unitholders	(26,500,000)	(29,200,000)
Dividend payments	(36,300,000)	(74,200,000)
Repayments of debt	(517,500,000)	0
Proceeds from borrowings	1,150,000,000	1,250,000,000
Repayments of revolver borrowings	(550,000,000)	(1,250,000,000)
Settlements of catalyst obligations	(8,800,000)	(1,200,000)
Payments on financing leases	(5,700,000)	0
Proceeds from insurance premium financing	33,800,000	18,900,000
Affiliate note payable with PBF Energy Inc.	600,000	(800,000)
Proceeds from stock options exercised	0	100,000
Purchase of treasury stock	0	(1,400,000)
Deferred financing costs and other	(27,800,000)	(1,100,000)
Net cash provided by financing activities	1,973,200,000	135,100,000
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total	411,400,000	(392,300,000)
Cash and cash equivalents, beginning of period	813,700,000	596,000,000
Cash and cash equivalents, end of period	1,225,100,000	203,700,000
Non-cash activities:
Accrued and unpaid capital expenditures	29,900,000	39,900,000
Assets acquired under operating and financing leases	224,300,000	296,200,000
Fair value of the Martinez Contingent Consideration at acquisition	77,300,000	0
Income taxes	100,000	700,000
Capitalized interest	5,900,000	8,100,000
Fair value of the Martinez Contingent Consideration at acquisition	0	53,200,000
Interest Paid, Excluding Capitalized Interest, Operating Activities	73,000,000	72,100,000
PBF LLC [Member] \| PBFX Revolving Credit Facility [Member]
Cash flows from financing activities:
Proceeds from borrowings	100,000,000	196,000,000
Repayments of revolver borrowings	(135,000,000)	(101,000,000)
PBF LLC [Member] \| Rail Term Loan [Member]
Cash flows from financing activities:
Repayments of debt	(3,600,000)	(3,500,000)
PBF LLC [Member] \| 2028 Senior Notes
Cash flows from financing activities:
Proceeds from Issuance of Long-term Debt	1,000,000,000	0
PBF LLC [Member] \| 2025 Senior Secured Notes [Member]
Cash flows from financing activities:
Proceeds from Issuance of Long-term Debt	$ 1,000,000,000	$ 0

Condensed Consolidated Statem_5

Condensed Consolidated Statements of Changes in Equity Statement - USD ($) $ in Millions	Total	Class A Common Stock [Member]	Class B common stock [Member]	Common Stock [Member]Class A Common Stock [Member]	Common Stock [Member]Class B common stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Treasury Stock [Member]	Noncontrolling Interest [Member]	PBF LLC [Member]	PBF LLC [Member]Common Stock [Member]Series A Units [Member]	PBF LLC [Member]Common Stock [Member]Series C Units [Member]	PBF LLC [Member]Retained Earnings [Member]	PBF LLC [Member]AOCI Attributable to Parent [Member]	PBF LLC [Member]Treasury Stock [Member]	PBF LLC [Member]Noncontrolling Interest [Member]
Balance, beginning of period, shares at Dec. 31, 2018				119,874,191	20				6,274,261			1,206,325	119,895,422
Balance, beginning of period at Dec. 31, 2018	$ 3,248.5			$ 0.1	$ 0	$ 2,633.8	$ 225.8	$ (22.4)	$ (160.8)	$ 572	$ 3,219.4	$ 20.2	$ 2,009.8	$ 914.3	$ (23.9)	$ (160.8)	$ 459.8
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Comprehensive Income	220.5						196.9	0.7		22.9	292.2			271.4	0.7		20.1
Exercise of warrants and options (in shares)				7,525								10,000	7,525
Exercise of warrants and options	0.2					0.2					(0.7)	$ (0.1)	$ 0.8
Stockholders' Equity, Distributions To Controlling Interest Holders	(2.3)									(2.3)
Stockholders' Equity, Distributions To Noncontrolling Interest Holders of PBFX	(30)									(30)
Stock-based compensation (in shares)				44,225									44,225
Stock-based compensation	18.3					13.9				4.4	18.3		$ 13.9				4.4
Dividends	(71.9)						(71.9)
Dividends per common share (in dollars per share)		$ 0.60
Noncontrolling Interest, Increase from Subsidiary Equity Issuance	132.5					152				(19.5)
Stock Issued During Period, Shares, Conversion of Convertible Securities				10,000								(10,000)	10,000
Stock Issued During Period, Value, Conversion of Convertible Securities	0.1					0.1					0	$ 0.1	$ (0.1)
Stock Redeemed or Called During Period, Shares				(41,500)					41,500				41,500
Stock Redeemed or Called During Period, Value	0					1.4			$ (1.4)		0		$ 1.4			(1.4)
Other	(1.8)									(1.8)	1.8						1.8
Adjustment to Additional Paid in Capital, Income Tax Effect from Share-based Compensation, Net	1					1
Distribution to members											(157.5)			(127.5)			(30)
Noncontrolling Interest, Decrease from Redemptions or Purchase of Interests	(132.5)										(132.5)		$ (152)				19.5
Balance, end of period, shares at Jun. 30, 2019				119,894,441	20				6,315,761			1,206,325	119,915,672
Balance, end of period at Jun. 30, 2019	3,513.1			$ 0.1	$ 0	2,800.4	350.8	(21.7)	$ (162.2)	545.7	3,502.4	$ 20.2	$ 2,176.4	1,058.2	(23.2)	(162.2)	433
Balance, beginning of period, shares at Mar. 31, 2019				119,848,135	20				6,303,932			1,206,325	119,869,366
Balance, beginning of period at Mar. 31, 2019	3,446.8			$ 0.1	$ 0	2,722.5	419.1	(22.2)	$ (161.8)	489.1	3,503.7	$ 20.2	$ 2,098.5	1,196.3	(23.7)	(161.8)	374.2
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Comprehensive Income	(21.1)						(32.4)	0.5		10.8	(35.4)			(47)	0.5		11.1
Exercise of warrants and options (in shares)				2,500								10,000	2,500
Exercise of warrants and options	0.1					0.1					0.2	$ (0.1)	$ (0.1)
Stockholders' Equity, Distributions To Controlling Interest Holders	(1.9)									(1.9)
Stockholders' Equity, Distributions To Noncontrolling Interest Holders of PBFX	(16.8)									(16.8)
Stock-based compensation (in shares)				45,635									45,635
Stock-based compensation	11.1					7.7				3.4	11.1		$ 7.7				3.4
Dividends	(35.9)						(35.9)
Dividends per common share (in dollars per share)		$ 0.30
Noncontrolling Interest, Increase from Subsidiary Equity Issuance	132.5					69.6				62.9
Stock Issued During Period, Shares, Conversion of Convertible Securities				10,000								(10,000)	10,000
Stock Issued During Period, Value, Conversion of Convertible Securities	0.1					0.1					0	$ 0.1	$ (0.1)
Stock Redeemed or Called During Period, Shares				(11,829)					11,829				11,829
Stock Redeemed or Called During Period, Value	0					0.4			$ (0.4)		0		$ 0.4			(0.4)
Other	(1.8)									(1.8)	1.8						1.8
Distribution to members											(107.9)			(91.1)			(16.8)
Noncontrolling Interest, Decrease from Redemptions or Purchase of Interests											(132.5)		$ (69.6)				(62.9)
Balance, end of period, shares at Jun. 30, 2019				119,894,441	20				6,315,761			1,206,325	119,915,672
Balance, end of period at Jun. 30, 2019	3,513.1			$ 0.1	$ 0	2,800.4	350.8	(21.7)	$ (162.2)	545.7	3,502.4	$ 20.2	$ 2,176.4	1,058.2	(23.2)	(162.2)	433
Balance, beginning of period, shares at Dec. 31, 2019		119,804,971	20	119,804,971	20				6,424,787			1,215,317	119,826,202
Balance, beginning of period at Dec. 31, 2019	3,585.5			$ 0.1	$ 0	2,812.3	401.2	(8.3)	$ (165.7)	545.9	3,609.1	$ 20	$ 2,189.4	1,142.4	(9.7)	(165.7)	432.7
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Comprehensive Income	(652)						(676.8)	(2.5)		27.3	(887.7)			(926.3)	1.1		37.5
Exercise of warrants and options (in shares)				7,500								9,977	7,500
Exercise of warrants and options	0.2					0.2					(0.9)	$ 0.1	$ 0.8
Stockholders' Equity, Distributions To Controlling Interest Holders	(0.4)									(0.4)
Stockholders' Equity, Distributions To Noncontrolling Interest Holders of PBFX	(27)									(27)
Stock-based compensation (in shares)				1,861									1,861
Stock-based compensation	15.7					13.5				2.2	15.7		$ 13.5				2.2
Dividends	(35.9)						(35.9)
Dividends per common share (in dollars per share)		$ 0.30
Stock Issued During Period, Shares, Conversion of Convertible Securities				249,669	(3)							(249,669)	249,669
Stock Issued During Period, Value, Conversion of Convertible Securities	0					2.3				(2.3)	0	$ 2.3	$ (2.3)
Stock Redeemed or Called During Period, Shares				(31,143)					31,143				31,143
Stock Redeemed or Called During Period, Value	0					0					0
Other	4.5					5.3				(0.8)	0.8						0.8
Adjustment to Additional Paid in Capital, Income Tax Effect from Share-based Compensation, Net	0.9					0.9
Distribution to members											(63.3)			(36.3)			(27)
Balance, end of period, shares at Jun. 30, 2020		120,032,858	17	120,032,858	17				6,455,930			975,625	120,054,089
Balance, end of period at Jun. 30, 2020	2,889.7			$ 0.1	$ 0	2,832.7	(311.5)	(10.8)	$ (165.7)	544.9	2,672.1	$ 17.6	$ 2,204.4	179.8	(8.6)	(165.7)	444.6
Balance, beginning of period, shares at Mar. 31, 2020				119,986,604	18				6,455,792			1,019,916	120,007,835
Balance, beginning of period at Mar. 31, 2020	2,479.5			$ 0.1	$ 0	2,825.6	(700.6)	(11.1)	$ (165.7)	531.2	2,121.5	$ 18	$ 2,197.3	(354.1)	(8.9)	(165.7)	434.9
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Comprehensive Income	413.3						389.1	0.3		23.9	553.7			533.9	0.3		19.5
Exercise of warrants and options (in shares)												2,101
Exercise of warrants and options											0
Stockholders' Equity, Distributions To Noncontrolling Interest Holders of PBFX	(9.9)									(9.9)
Stock-based compensation (in shares)				0									0
Stock-based compensation	7.6					6.7				0.9	7.6		$ 6.7				0.9
Stock Issued During Period, Shares, Conversion of Convertible Securities				46,392	(1)							(46,392)	46,392
Stock Issued During Period, Value, Conversion of Convertible Securities	0					0.4				(0.4)	0	$ 0.4	$ (0.4)
Stock Redeemed or Called During Period, Shares				(138)					138				138
Stock Redeemed or Called During Period, Value	0										0
Other	(0.8)									(0.8)	0.8						0.8
Distribution to members											(9.9)						(9.9)
Balance, end of period, shares at Jun. 30, 2020		120,032,858	17	120,032,858	17				6,455,930			975,625	120,054,089
Balance, end of period at Jun. 30, 2020	$ 2,889.7			$ 0.1	$ 0	$ 2,832.7	$ (311.5)	$ (10.8)	$ (165.7)	$ 544.9	$ 2,672.1	$ 17.6	$ 2,204.4	$ 179.8	$ (8.6)	$ (165.7)	$ 444.6

DESCRIPTION OF THE BUSINESS AND

DESCRIPTION OF THE BUSINESS AND BASIS OF PRESENTATION	6 Months Ended
DESCRIPTION OF THE BUSINESS AND BASIS OF PRESENTATION	Jun. 30, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
DESCRIPTION OF THE BUSINESS AND BASIS OF PRESENTATION	DESCRIPTION OF THE BUSINESS AND BASIS OF PRESENTATION Description of the Business PBF Energy Inc. (“PBF Energy”) was formed as a Delaware corporation on November 7, 2011 and is the sole managing member of PBF Energy Company LLC (“PBF LLC”), a Delaware limited liability company, with a controlling interest in PBF LLC and its subsidiaries. PBF Energy consolidates the financial results of PBF LLC and its subsidiaries and records a noncontrolling interest in its Condensed Consolidated Financial Statements representing the economic interests of PBF LLC’s members other than PBF Energy (refer to “Note 11 - Equity”). PBF Energy holds a 99.2% economic interest in PBF LLC as of June 30, 2020 through its ownership of PBF LLC Series C Units, which are held solely by PBF Energy. Holders of PBF LLC Series A Units, which are held by parties other than PBF Energy (“the members of PBF LLC other than PBF Energy”), hold the remaining 0.8% economic interest in PBF LLC. The PBF LLC Series C Units rank on parity with the PBF LLC Series A Units as to distribution rights, voting rights and rights upon liquidation, winding up or dissolution. In addition, the amended and restated limited liability company agreement of PBF LLC provides that any PBF LLC Series A Units acquired by PBF Energy will automatically be reclassified as PBF LLC Series C Units in connection with such acquisition. As of June 30, 2020, PBF Energy held 120,054,089 PBF LLC Series C Units and the members of PBF LLC other than PBF Energy held 975,625 PBF LLC Series A Units. PBF LLC, together with its consolidated subsidiaries, owns and operates oil refineries and related facilities in North America. PBF Holding Company LLC (“PBF Holding”) is a wholly-owned subsidiary of PBF LLC. PBF Investments LLC, Toledo Refining Company LLC, Paulsboro Refining Company LLC, Delaware City Refining Company LLC, Chalmette Refining, L.L.C. (“Chalmette Refining”), PBF Energy Western Region LLC, Torrance Refining Company LLC, Torrance Logistics Company LLC and Martinez Refining Company LLC are PBF LLC’s principal operating subsidiaries and are all wholly-owned subsidiaries of PBF Holding. Discussions or areas of the Notes to Condensed Consolidated Financial Statements that either apply only to PBF Energy or PBF LLC are clearly noted in such footnotes. As of June 30, 2020, PBF LLC also held a 48.0% limited partner interest in PBF Logistics LP (“PBFX”), a publicly-traded master limited partnership (“MLP”) (refer to “Note 2 - PBF Logistics LP”). PBF Logistics GP LLC (“PBF GP”) owns the noneconomic general partner interest and serves as the general partner of PBFX and is wholly-owned by PBF LLC. PBF Energy, through its ownership of PBF LLC, consolidates the financial results of PBFX and its subsidiaries and records a noncontrolling interest in its consolidated financial statements representing the economic interests of PBFX’s unitholders other than PBF LLC (refer to “Note 11 - Equity”). Collectively, PBF Energy and its consolidated subsidiaries, including PBF LLC, PBF Holding, PBF GP and PBFX are referred to hereinafter as the “Company” unless the context otherwise requires. Substantially all of the Company’s operations are in the United States. The Company operates in two reportable business segments: Refining and Logistics. The Company’s oil refineries are all engaged in the refining of crude oil and other feedstocks into petroleum products, and are aggregated into the Refining segment. PBFX is a publicly traded MLP that was formed to operate logistics assets such as crude oil and refined petroleum products terminals, pipelines and storage facilities. The Logistics segment consists solely of PBFX’s operations. To generate earnings and cash flows from operations, the Company is primarily dependent upon processing crude oil and selling refined petroleum products at margins sufficient to cover fixed and variable costs and other expenses. Crude oil and refined petroleum products are commodities; and factors that are largely out of the Company’s control can cause prices to vary over time. The resulting potential margin volatility can have a material effect on the Company’s financial position, earnings and cash flows. Basis of Presentation The unaudited condensed consolidated financial information furnished herein reflects all adjustments (consisting of normal recurring accruals) which are, in the opinion of management, considered necessary for a fair presentation of the financial position and the results of operations and cash flows of the Company for the periods presented. All intercompany accounts and transactions have been eliminated in consolidation. These unaudited Condensed Consolidated Financial Statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information. Accordingly, they do not include all of the information and notes required by GAAP for complete financial statements. These interim Condensed Consolidated Financial Statements should be read in conjunction with the PBF Energy and PBF LLC financial statements included in the Annual Report on Form 10-K for the year ended December 31, 2019. The results of operations for the three and six months ended June 30, 2020 are not necessarily indicative of the results to be expected for the full year. Reclassification As of June 30, 2020, Financing lease right-of-use assets, previously included in Deferred charges and other assets, net, in the Condensed Consolidated Balance Sheets, are reflected within Lease right-of-use assets, which is inclusive of both operating and financing lease right-of-use assets. Financing lease liabilities, previously included in Other long-term liabilities, in the Condensed Consolidated Balance Sheets, are presented as separate line items in the Condensed Consolidated Financial Statements. The amounts related to such balance sheet accounts have also been reclassified in their respective footnotes for prior periods to conform to the 2020 presentation. Interim Impairment Assessment The global crisis resulting from the spread of the recent novel coronavirus (“COVID-19”) pandemic continues to have a substantial impact on the economy and overall consumer demand for energy and hydrocarbon products. As a result of the sustained decrease in PBF Energy’s stock price as of the end of the second quarter, enduring throughput reductions across the Company’s refineries and continued decrease in demand for the Company’s products during the quarter, the Company determined an impairment triggering event had occurred. As such, the Company performed an interim impairment assessment on certain long-lived assets as of June 30, 2020. As a result of the interim impairment test, the Company concluded that the carrying values of its long-lived assets were not impaired when comparing the carrying value of the long-lived assets to the estimated undiscounted future cash flows expected to result from use of the assets over their remaining estimated useful life. Recently Adopted Accounting Pronouncements In June 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standard Update (“ASU”) 2016-13, “Financial Instruments-Credit Losses” (Topic 326), Measurement of Credit Losses on Financial Instruments (“ASU 2016-13”). This guidance amends the guidance on measuring credit losses on financial assets held at amortized cost. ASU 2016-13 requires the measurement of all expected credit losses for financial assets held at the reporting date based on historical experience, current conditions, and reasonable and supportable forecasts. This guidance is effective for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years. The Company adopted this ASU effective January 1, 2020. The adoption of this ASU does not currently impact the Company’s Condensed Consolidated Financial Statements. Refer to “Note 4 - Current Expected Credit Losses” for further disclosure related to our adoption of this pronouncement. Recently Issued Accounting Pronouncements In March 2020, the FASB issued ASU 2020-04, “Reference Rate Reform (Topic 848)”: Facilitation of the effects of reference rate reform on financial reporting. The amendments in this ASU provide optional guidance for a limited period of time to ease the potential burden in accounting for (or recognizing the effects of) reference rate reform on financial reporting. The amendments in this ASU are elective and apply to all entities, subject to meeting certain criteria, that have contracts, hedging relationships, and other transactions that reference London Interbank Offering Rate (“LIBOR”) or another reference rate expected to be discontinued because of reference rate reform. The amendments in this ASU are effective for all entities as of March 12, 2020 through December 31, 2022. An entity may elect to apply the amendments for contract modifications by topic or industry subtopic as of any date from the beginning of an interim period that includes or is subsequent to March 12, 2020, or prospectively from a date within an interim period that includes or is subsequent to March 12, 2020, up to the date that the financial statements are available to be issued. The Company is currently evaluating the impact of this new standard on its Condensed Consolidated Financial Statements and related disclosures. In December 2019, the FASB issued ASU 2019-12, “Income Taxes (Topic 740)”: Simplifying the Accounting for Income Taxes, as part of its overall simplification initiative to reduce costs and complexity of applying accounting standards while maintaining or improving the usefulness of the information provided to users of financial statements. Amendments include removal of certain exceptions to the general principles of ASC 740, Income taxes, and simplification in several other areas. The amendments in this ASU are effective for fiscal years ending after December 15, 2020, for public business entities. Early adoption is permitted for all entities. The Company is currently evaluating the impact of this new standard on its Condensed Consolidated Financial Statements and related disclosures. In August 2018, the FASB issued ASU No. 2018-14, “Compensation - Retirement Benefits - Defined Benefit Plans - General (Subtopic 715-20)”, to improve the effectiveness of benefit plan disclosures in the notes to financial statements by facilitating clear communication of the information required by GAAP that is most important to users of each entity’s financial statements. The amendments in this ASU modify the disclosure requirements for employers that sponsor defined benefit pension or other postretirement plans. Additionally, the amendments in this ASU remove disclosures that no longer are considered cost beneficial, clarify the specific requirements of disclosures, and add disclosure requirements identified as relevant. The amendments in this ASU are effective for fiscal years ending after December 15, 2020, for public business entities and early adoption is permitted for all entities. The Company is currently evaluating the impact of this new standard on its Condensed Consolidated Financial Statements and related disclosures.

PBF LOGISITICS LP

PBF LOGISITICS LP	6 Months Ended
PBF LOGISITICS LP	Jun. 30, 2020
PBF LOGISTICS LP [Abstract]
PBF LOGISTICS LP	PBF LOGISTICS LP PBFX is a fee-based, growth-oriented, publicly traded Delaware MLP formed by PBF Energy to own or lease, operate, develop and acquire crude oil and refined petroleum products terminals, pipelines, storage facilities and similar logistics assets. PBFX engages in the processing of crude oil and the receiving, handling, storage and transferring of crude oil, refined products, natural gas and intermediates from sources located throughout the United States and Canada for PBF Energy in support of its refineries, as well as for third party customers. As of June 30, 2020, a substantial majority of PBFX’s revenues are derived from long-term, fee-based commercial agreements with PBF Holding, which include minimum volume commitments for receiving, handling, storing and transferring crude oil, refined products and natural gas. PBF Energy also has agreements with PBFX that establish fees for certain general and administrative services and operational and maintenance services provided by PBF Holding to PBFX. These transactions, other than those with third parties, are eliminated by PBF Energy and PBF LLC in consolidation. PBFX, a variable interest entity, is consolidated by PBF Energy through its ownership of PBF LLC. PBF LLC, through its ownership of PBF GP, has the sole ability to direct the activities of PBFX that most significantly impact its economic performance. PBF LLC is considered to be the primary beneficiary of PBFX for accounting purposes. As of June 30, 2020, PBF LLC held a 48.0% limited partner interest in PBFX (consisting of 29,953,631 common units) with the remaining 52.0% limited partner interest held by the public unitholders. PBF LLC also indirectly owns a non-economic general partner interest in PBFX through its wholly-owned subsidiary, PBF GP, the general partner of PBFX.

ACQUISITIONS

ACQUISITIONS	6 Months Ended
ACQUISITIONS	Jun. 30, 2020
Business Combinations [Abstract]
ACQUISITIONS	ACQUISITIONS Martinez Acquisition On February 1, 2020, the Company acquired from Equilon Enterprises LLC d/b/a Shell Oil Products US (the "Seller"), the Martinez refinery and related logistics assets (collectively, the "Martinez Acquisition"), pursuant to a sale and purchase agreement dated June 11, 2019 (the “Sale and Purchase Agreement”). The Martinez refinery, located in Martinez, California, is a high-conversion, dual-coking facility that is strategically positioned in Northern California and provides for operating and commercial synergies with the Torrance refinery located in Southern California. In addition to refining assets, the Martinez Acquisition includes a number of onsite logistics assets, including a deep-water marine facility, product distribution terminals and refinery crude and product storage facilities. The aggregate purchase price for the Martinez Acquisition was $1,253.4 million, including final working capital of $216.1 million and the Martinez Contingent Consideration, as defined below. The transaction was financed through a combination of cash on hand, including proceeds from the 2028 Senior Notes (as defined in “Note 7 - Debt”), and borrowings under PBF Holding’s asset-based revolving credit agreement (the “Revolving Credit Facility”). The Company accounted for the Martinez Acquisition as a business combination under GAAP whereby it recognizes assets acquired and liabilities assumed in an acquisition at their estimated fair values as of the date of acquisition. The purchase price and fair value allocation may be subject to adjustment pending completion of the final purchase valuation, which was in process as of June 30, 2020. The total purchase consideration and the fair values of the assets and liabilities at the acquisition date, which may be subject to adjustments as noted above, were as follows: (in millions) Purchase Price Gross purchase price $ 960.0 Working capital, including post close adjustments 216.1 Contingent consideration (a) 77.3 Total consideration $ 1,253.4 (a) The Martinez Acquisition includes an obligation for the Company to make post-closing earn-out payments to the Seller based on certain earnings thresholds of the Martinez refinery (as set forth in the Sale and Purchase Agreement), for a period of up to four years following the acquisition closing date (the “Martinez Contingent Consideration”). The Company recorded the Martinez Contingent Consideration based on its estimated fair value of $77.3 million at the acquisition date, which was recorded within “Other long-term liabilities” within the Condensed Consolidated Balance Sheets. The following table summarizes the preliminary amounts recognized for assets acquired and liabilities assumed as of the acquisition date: (in millions) Fair Value Allocation Inventories $ 224.1 Prepaid and other current assets 5.4 Property, plant and equipment 987.9 Operating lease right of use assets (a) 7.8 Financing lease right of use assets (a) 63.5 Deferred charges and other assets, net 63.7 Accrued expenses (1.4) Current operating lease liabilities (1.9) Current financing lease liabilities (b) (6.0) Long-term operating lease liabilities (5.9) Long-term financing lease liabilities (57.5) Other long-term liabilities - Environmental obligation (26.3) Fair value of net assets acquired $ 1,253.4 (a) Operating and Financing lease right of use assets are recorded in Lease right of use assets within the Condensed Consolidated Balance Sheet. (b) Current financing lease liabilities are recorded in Accrued expenses within the Condensed Consolidated Balance Sheet. The Company’s Condensed Consolidated Financial Statements for the six months ended June 30, 2020 include the results of operations of the Martinez refinery and related logistics assets subsequent to the Martinez Acquisition. The same period in 2019 does not include the results of operations of such assets. On an unaudited pro-forma basis, the revenues and net income (loss) of the Company, assuming the acquisition had occurred on January 1, 2019, are shown below. The unaudited pro-forma information does not purport to present what the Company’s actual results would have been had the Martinez Acquisition occurred on January 1, 2019, nor is the financial information indicative of the results of future operations. The unaudited pro-forma financial information includes the depreciation and amortization expense related to the Martinez Acquisition and interest expense associated with the related financing. Six Months Ended June 30, 2020 Six Months Ended June 30, 2019 (Unaudited, in millions) PBF Energy Pro-forma revenues $ 8,157.1 $ 13,861.4 Pro-forma net income (loss) attributable to PBF Energy Inc. stockholders (707.8) 160.3 PBF LLC Pro-forma revenues $ 8,157.1 $ 13,861.4 Pro-forma net income (loss) attributable to PBF LLC (957.6) 234.3 Acquisition Expenses The Company incurred acquisition-related costs of $10.8 million for the six months ended June 30, 2020 consisting primarily of first quarter consulting and legal expenses related to the Martinez Acquisition. There were no material acquisition-related expenses during the three months ended June 30, 2020. The Company incurred acquisition-related costs of $3.2 million and $3.3 million for the three and six months ended June 30, 2019 consisting primarily of consulting and legal expenses related to completed, pending and non-consummated acquisitions. These costs are included in General and administrative expenses within the Condensed Consolidated Statements of Operations.

CURRENT EXPECTED CREDIT LOSSES

CURRENT EXPECTED CREDIT LOSSES	6 Months Ended
CURRENT EXPECTED CREDIT LOSSES	Jun. 30, 2020
Credit Loss [Abstract]
CURRENT EXPECTED CREDIT LOSSES	CURRENT EXPECTED CREDIT LOSSES Credit Losses The Company has exposure to credit losses primarily through its sales of refined products. The Company evaluates creditworthiness on an individual customer basis. The Company utilizes a financial review model for purposes of evaluating creditworthiness which is based on information from financial statements and credit reports. The financial review model enables the Company to assess the customer’s risk profile and determine credit limits on the basis of their financial strength, including but not limited to, their liquidity, leverage, debt serviceability, longevity and how they pay their bills. The Company may require security in the form of letters of credit or cash payments in advance of product delivery for certain customers that are deemed higher risk. The Company’s payment terms on its trade receivables are relatively short, generally 30 days or less for a substantial majority of its refined products. As a result, the Company’s collection risk is mitigated to a certain extent by the fact that sales are collected in a relatively short period of time, allowing for the ability to reduce exposure on defaults if collection issues are identified. Notwithstanding, the Company reviews each customer’s credit risk profile at least annually or more frequently if warranted. Following the widespread market disruption that has resulted from the COVID-19 pandemic and related governmental responses, the Company has been performing ongoing credit reviews of its customers including monitoring for any negative credit events such as customer bankruptcy or insolvency events. As a result, the Company has adjusted payment terms or limited available trade credit for certain customers, as well as for customers within industries that are deemed to be at higher risk. The Company performs a quarterly allowance for doubtful accounts analysis to assess whether an allowance needs to be recorded for any outstanding trade receivables. In estimating credit losses, management reviews accounts that are past due, have known disputes or have experienced any negative credit events that may result in future collectability issues. There was no allowance for doubtful accounts recorded as of June 30, 2020 and December 31, 2019.

INVENTORIES

INVENTORIES	6 Months Ended
INVENTORIES	Jun. 30, 2020
Inventory Disclosure [Abstract]
INVENTORIES	INVENTORIES Inventories consisted of the following: June 30, 2020 (in millions) Titled Inventory Inventory Intermediation Agreements Total Crude oil and feedstocks $ 1,254.0 $ — $ 1,254.0 Refined products and blendstocks 1,056.3 277.2 1,333.5 Warehouse stock and other 135.7 — 135.7 $ 2,446.0 $ 277.2 $ 2,723.2 Lower of cost or market adjustment (965.7) (137.3) (1,103.0) Total inventories $ 1,480.3 $ 139.9 $ 1,620.2 December 31, 2019 (in millions) Titled Inventory Inventory Intermediation Agreements Total Crude oil and feedstocks $ 1,071.4 $ 2.7 $ 1,074.1 Refined products and blendstocks 976.0 352.9 1,328.9 Warehouse stock and other 120.8 — 120.8 $ 2,168.2 $ 355.6 $ 2,523.8 Lower of cost or market adjustment (324.8) (76.8) (401.6) Total inventories $ 1,843.4 $ 278.8 $ 2,122.2 Inventory under the amended and restated inventory intermediation agreements with J. Aron & Company, a subsidiary of The Goldman Sachs Group, Inc. (“J. Aron”) (as amended and restated from time to time, the “Inventory Intermediation Agreements”), includes crude oil, intermediate and certain finished products (the “J. Aron Products”) purchased or produced by the Paulsboro and Delaware City refineries (the “East Coast Refineries”), and sold to counterparties in connection with such agreements. This inventory is held in the Company’s storage tanks at the East Coast Refineries and at PBFX’s assets acquired from Crown Point International, LLC in October 2018 (together with the Company’s storage tanks at the East Coast Refineries, the “J. Aron Storage Tanks”). During the three months ended June 30, 2020, the Company recorded an adjustment to value its inventories to the lower of cost or market which increased operating income by $584.2 million, reflecting the net change in the lower of cost or market (“LCM”) inventory reserve from $1,687.2 million at March 31, 2020 to $1,103.0 million at June 30, 2020. During the six months ended June 30, 2020, the Company recorded an adjustment to value its inventories to the lower of cost or market which decreased income from operations by $701.4 million, reflecting the net change in the LCM inventory reserve from $401.6 million at December 31, 2019 to $1,103.0 million at June 30, 2020. During the three months ended June 30, 2019, the Company recorded an adjustment to value its inventories to the lower of cost or market which decreased operating income by $182.0 million, reflecting the net change in the LCM inventory reserve from $145.8 million at March 31, 2019 to $327.8 million at June 30, 2019. During the six months ended June 30, 2019, the Company recorded an adjustment to value its inventories to the lower of cost or market which increased income from operations by $324.0 million, reflecting the net change in the LCM inventory reserve from $651.8 million at December 31, 2018 to $327.8 million at June 30, 2019.

ACCRUED EXPENSES

ACCRUED EXPENSES	6 Months Ended
ACCRUED EXPENSES	Jun. 30, 2020
Payables and Accruals [Abstract]
ACCRUED EXPENSES	ACCRUED EXPENSES Accrued expenses consisted of the following: PBF Energy (in millions) June 30, 2020 December 31, 2019 Inventory-related accruals $ 536.4 $ 1,103.2 Inventory intermediation agreements 228.7 278.1 Renewable energy credit and emissions obligations 203.1 17.7 Excise and sales tax payable 121.4 98.6 Accrued transportation costs 80.8 88.7 Accrued refinery maintenance and support costs 48.0 16.9 Accrued interest 45.9 12.1 Accrued utilities 39.1 40.1 Accrued salaries and benefits 33.8 81.1 Environmental liabilities 13.7 12.8 Current finance lease liabilities 12.8 6.5 Contingent consideration 11.0 10.0 Accrued capital expenditures 10.6 32.2 Customer deposits 8.0 1.8 Other 51.4 15.8 Total accrued expenses $ 1,444.7 $ 1,815.6 PBF LLC (in millions) June 30, 2020 December 31, 2019 Inventory-related accruals $ 536.4 $ 1,103.2 Inventory intermediation agreements 228.7 278.1 Renewable energy credit and emissions obligations 203.1 17.7 Excise and sales tax payable 121.4 98.6 Accrued transportation costs 80.8 88.7 Accrued interest 78.4 39.5 Accrued refinery maintenance and support costs 48.0 16.9 Accrued utilities 39.1 40.1 Accrued salaries and benefits 33.8 81.1 Environmental liabilities 13.7 12.8 Current finance lease liabilities 12.8 6.5 Contingent consideration 11.0 10.0 Accrued capital expenditures 10.6 32.2 Customer deposits 8.0 1.8 Other 55.5 19.0 Total accrued expenses $ 1,481.3 $ 1,846.2 The Company has the obligation to repurchase the J. Aron Products that are held in its J. Aron Storage Tanks in accordance with the Inventory Intermediation Agreements with J. Aron. As of June 30, 2020 and December 31, 2019, a liability is recognized for the Inventory Intermediation Agreements and is recorded at market price for the J. Aron owned inventory held in the Company’s J. Aron Storage Tanks under the Inventory Intermediation Agreements, with any change in the market price being recorded in Cost of products and other. The Company is subject to obligations to purchase Renewable Identification Numbers (“RINs”) required to comply with the Renewable Fuels Standard. The Company’s overall RINs obligation is based on a percentage of domestic shipments of on-road fuels as established by Environmental Protection Agency. To the degree the Company is unable to blend the required amount of biofuels to satisfy its RINs obligation, RINs must be purchased on the open market to avoid penalties and fines. The Company records its RINs obligation on a net basis in Accrued expenses when its RINs liability is greater than the amount of RINs earned and purchased in a given period and in Prepaid and other current assets when the amount of RINs earned and purchased is greater than the RINs liability. In addition, the Company is subject to obligations to comply with federal and state legislative and regulatory measures, including regulations in the state of California pursuant to Assembly Bill 32, to address environmental compliance and greenhouse gas and other emissions. These requirements include incremental costs to operate and maintain our facilities as well as to implement and manage new emission controls and programs. Renewable energy credit and emissions obligations fluctuate with the volume of applicable product sales and timing of credit purchases. Severance Costs

DEBT

DEBT	6 Months Ended
DEBT	Jun. 30, 2020
Long-term Debt, Unclassified [Abstract]
DEBT	DEBT Senior Notes 2028 Senior Notes On January 24, 2020, PBF Holding entered into an indenture among PBF Holding and PBF Holding’s wholly-owned subsidiary, PBF Finance Corporation (together with PBF Holding, the “Issuers”), the guarantors named therein (collectively the “Guarantors”), Wilmington Trust, National Association, as Trustee and Deutsche Bank Trust Company Americas, under which the Issuers issued $1.0 billion in aggregate principal amount of 6.00% senior unsecured notes due 2028 (the “2028 Senior Notes”). The Issuers received net proceeds of approximately $987.0 million from the offering after deducting the initial purchasers’ discount and offering expenses. The Company primarily used the net proceeds to fully redeem the 7.00% senior notes due 2023 (the “2023 Senior Notes”), including accrued and unpaid interest, on February 14, 2020, and to fund a portion of the cash consideration for the Martinez Acquisition. The difference between the carrying value of the 2023 Senior Notes on the date they were reacquired and the amount for which they were reacquired has been classified as Debt extinguishment costs in the Condensed Consolidated Statement of Operations. In connection with the issuance of the 2028 Senior Notes, the Issuers and the Guarantors entered into a registration rights agreement whereby the Company has agreed to file with the SEC and use reasonable efforts to cause to become effective within 365 days of the closing date, a registration statement relating to an offer to exchange the 2028 Senior Notes for an issue of registered notes with terms substantially identical to the 2028 Senior Notes. The Issuers will be obligated to pay additional interest if they fail to comply with their obligations to register the 2028 Senior Notes within the specified time period. The Company fully intends to file a registration statement for the exchange of the 2028 Senior Notes within the 365 day period following the closing of the 2028 Senior Notes. In addition, there are no restrictions or hindrances that the Company is aware of that would prohibit the Issuers from filing such registration statement and maintaining its effectiveness as stipulated in the registration rights agreement. As such, the Company asserts that it is not probable that it will have to transfer any consideration as a result of the registration rights agreement and thus no loss contingency was recorded. The 2028 Senior Notes are guaranteed on a senior unsecured basis by substantially all of PBF Holding’s subsidiaries. The 2028 Senior Notes and guarantees are senior unsecured obligations and rank equal in right of payment with all of the Issuers’ and the Guarantors’ existing and future indebtedness, including PBF Holding’s Revolving Credit Facility and the Issuers’ 7.25% senior notes due 2025 (the “2025 Senior Notes”). The 2028 Senior Notes and the guarantees rank senior in right of payment to the Issuers’ and the Guarantors’ existing and future indebtedness that is expressly subordinated in right of payment thereto. The 2028 Senior Notes and the guarantees are effectively subordinated to any of the Issuers’ and the Guarantors’ existing or future secured indebtedness (including the Revolving Credit Facility) to the extent of the value of the collateral securing such indebtedness. The 2028 Senior Notes and the guarantees are structurally subordinated to any existing or future indebtedness and other obligations of the Issuers’ non-guarantor subsidiaries. In addition, the 2028 Senior Notes contain customary terms, events of default and covenants for an issuer of non-investment grade debt securities. These covenants include limitations on the incurrence of additional indebtedness, equity issuances, and payments. Many of these covenants will cease to apply or will be modified if the 2028 Senior Notes are rated investment grade. At any time prior to February 15, 2023, the Issuers may on any one or more occasions redeem up to 35% of the aggregate principal amount of the 2028 Senior Notes in an amount not greater than the net cash proceeds of certain equity offerings at a redemption price equal to 106.000% of the principal amount of the 2028 Senior Notes, plus any accrued and unpaid interest through the date of redemption. On or after February 15, 2023, the Issuers may redeem all or part of the 2028 Senior Notes, in each case at the redemption prices described in the indenture, together with any accrued and unpaid interest through the date of redemption. In addition, prior to February 15, 2023, the Issuers may redeem all or part of the 2028 Senior Notes at a “make-whole” redemption price described in the indenture, together with any accrued and unpaid interest through the date of redemption. 2025 Senior Secured Notes On May 13, 2020, PBF Holding entered into an indenture among the Issuers, the Guarantors, and Wilmington Trust, National Association, as Trustee, Paying Agent, Registrar, Transfer Agent, Authenticating Agent and Notes Collateral Agent, under which the Issuers issued $1.0 billion in aggregate principal amount of 9.25% senior secured notes due 2025 (the “2025 Senior Secured Notes”). The Issuers received net proceeds of approximately $984.8 million from the offering after deducting the initial purchasers’ discount and estimated offering expenses. The 2025 Senior Secured Notes are guaranteed on a senior secured basis by the majority of PBF Holding’s subsidiaries. The 2025 Senior Secured Notes and guarantees are senior obligations and secured, subject to certain exceptions and permitted liens, on a first-priority basis, by substantially all of PBF Holding's and the guarantors’ present and future assets (other than assets securing PBF Holding's Revolving Credit Facility), which may also constitute collateral securing certain hedging obligations and any existing or future indebtedness that is permitted to be secured on a pari passu basis with the 2025 Senior Secured Notes. The 2025 Senior Secured Notes and guarantees are senior secured obligations and rank equal in right of payment with all of the Issuers’ and the Guarantors’ existing and future senior indebtedness, including PBF Holding’s Revolving Credit Facility, the 2028 Senior Notes and the 2025 Senior Notes. The 2025 Senior Secured Notes and guarantees rank effectively senior to all of the Issuers’ and the Guarantors’ existing and future indebtedness that is not secured by the collateral (including the Revolving Credit Facility, the 2028 Senior Notes and the 2025 Senior Notes), subject to permitted liens on such collateral and certain other exceptions, and senior in right of payment to the Issuers’ and the Guarantors’ existing and future indebtedness that is expressly subordinated in right of payment thereto. The 2025 Senior Secured Notes and the guarantees are effectively subordinated to any of the Issuers’ and the Guarantors’ existing or future secured indebtedness that is secured by liens on assets owned by the Company that do not constitute part of the collateral securing the 2025 Senior Secured Notes and the guarantees (including the assets securing the Revolving Credit Facility) to the extent of the value of the collateral securing such indebtedness. The 2025 Senior Secured Notes and the guarantees are structurally subordinated to any existing or future indebtedness and other obligations of the Issuers’ non-guarantor subsidiaries. In addition, the 2025 Senior Secured Notes contain customary terms, events of default and covenants for an issuer of non-investment grade debt securities. These covenants include limitations on the incurrence of additional indebtedness, equity issuances, and payments. Many of these covenants will cease to apply or will be modified if the 2025 Senior Secured Notes are rated investment grade. At any time prior to May 15, 2022, the Issuers may on any one or more occasions redeem up to 35% of the aggregate principal amount of the 2025 Senior Secured Notes in an amount not greater than the net cash proceeds of certain equity offerings at a redemption price equal to 109.250% of the principal amount of the 2025 Senior Secured Notes, plus any accrued and unpaid interest through the date of redemption. On or after May 15, 2022, the Issuers may redeem all or part of the 2025 Senior Secured Notes, in each case at the redemption prices described in the indenture, together with any accrued and unpaid interest through the date of redemption. In addition, prior to May 15, 2022, the Issuers may redeem all or part of the 2025 Senior Secured Notes at a “make-whole” redemption price described in the indenture, together with any accrued and unpaid interest to the date of redemption. In addition, the Issuers may redeem in the aggregate up to 35% of the original aggregate principal amount of the 2025 Senior Secured Notes in an amount not to exceed the net cash proceeds of any loan received pursuant to a Regulatory Debt Facility (as defined in the indenture) at a redemption price (expressed as a percentage of principal amount thereof) of 104.625%, plus accrued and unpaid interest, if any, to, but excluding, the redemption date, provided, however, that at least 65% of the original aggregate principal amount of 2025 Senior Secured Notes originally issued under the indenture remains outstanding after the occurrence of each such redemption. PBF Holding Revolving Credit Facility The Revolving Credit Facility has a maximum commitment of $3.4 billion, a maturity date of May 2023, and a Borrowing Base, as defined in the agreement governing the Revolving Credit Facility (the “Revolving Credit Agreement”) to make funds available for working capital and other general corporate purposes. Borrowings under the Revolving Credit Facility bear interest at the Alternative Base Rate plus the Applicable Margin or at the Adjusted LIBOR plus the Applicable Margin, all as defined in the Revolving Credit Agreement. In addition, an accordion feature allows for commitments of up to $3.5 billion. The outstanding borrowings under the Revolving Credit Facility as of June 30, 2020 were $600.0 million. There were no outstanding borrowings under the Revolving Credit Facility as of December 31, 2019. On February 18, 2020, in connection with its entry into a $300.0 million uncommitted receivables purchase facility (the “Receivables Facility”), the Company amended the Revolving Credit Agreement and entered into a related intercreditor agreement to allow it to sell certain Eligible Receivables (as defined in the Revolving Credit Agreement) derived from the sale of refined product over truck racks. Under the Receivables Facility, the Company sells such receivables to a bank subject to bank approval and certain conditions. The sales of receivables under the Receivables Facility are absolute and irrevocable but subject to certain repurchase obligations under certain circumstances.

AFFILIATE NOTE PAYABLE - PBF LL

AFFILIATE NOTE PAYABLE - PBF LLC	6 Months Ended
AFFILIATE NOTE PAYABLE - PBF LLC	Jun. 30, 2020
AFFILIATE NOTE PAYABLE - PBF LLC [Abstract]
AFFILIATE NOTE PAYABLE - PBF LLC	AFFILIATE NOTE PAYABLE - PBF LLCAs of June 30, 2020 and December 31, 2019, PBF LLC had an outstanding note payable with PBF Energy for an aggregate principal amount of $377.0 million and $376.4 million, respectively. During 2019, the note payable was amended to extend the maturity date from April 2020 to April 2030. The note has an annual interest rate of 2.5% and may be prepaid in whole or in part at any time, at the option of PBF LLC without penalty or premium.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	6 Months Ended
COMMITMENTS AND CONTINGENCIES	Jun. 30, 2020
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	COMMITMENTS AND CONTINGENCIES In the ordinary conduct of the Company’s business, the Company is from time to time subject to lawsuits, investigations and claims, including class action proceedings, mass tort actions, tort actions, environmental claims and employee-related matters. The outcome of these matters cannot always be predicted accurately, but the Company accrues liabilities for these matters if the Company has determined that it is probable a loss has been incurred and the loss can be reasonably estimated. For such ongoing matters for which we have not recorded a liability but losses are reasonably possible, we are unable to estimate a range of possible losses at this time due to various reasons that may include but are not limited to, matters being in an early stage and not fully developed through pleadings, discovery or court proceedings, number of potential claimants being unknown or uncertainty regarding a number of different factors underlying the potential claims. However, the ultimate resolution of one or more of these contingencies could result in an adverse outcome that may have a material effect on our financial position, results of operations or cash flows. Environmental Matters The Company’s refineries, pipelines and related operations are subject to extensive and frequently changing federal, state and local laws and regulations, including, but not limited to, those relating to the discharge of materials into the environment or that otherwise relate to the protection of the environment, waste management and the characteristics and the compositions of fuels. Compliance with existing and anticipated laws and regulations can increase the overall cost of operating the refineries, including remediation, operating costs and capital costs to construct, maintain and upgrade equipment and facilities. These laws and permits raise potential exposure to future claims and lawsuits involving environmental and safety matters which could include soil and water contamination, air pollution, personal injury and property damage allegedly caused by substances which the Company manufactured, handled, used, released or disposed of, transported, or that relate to pre-existing conditions for which the Company has assumed responsibility. The Company believes that its current operations are in substantial compliance with existing environmental and safety requirements. However, there have been and will continue to be ongoing discussions about environmental and safety matters between the Company and federal and state authorities, including notices of violations, citations and other enforcement actions, some of which have resulted or may result in changes to operating procedures and in capital expenditures. While it is often difficult to quantify future environmental or safety related expenditures, the Company anticipates that continuing capital investments and changes in operating procedures will be required for the foreseeable future to comply with existing and new requirements, as well as evolving interpretations and more strict enforcement of existing laws and regulations. In connection with the acquisition of the Torrance refinery and related logistics assets, the Company assumed certain pre-existing environmental liabilities totaling $118.0 million as of June 30, 2020 ($121.3 million as of December 31, 2019), related to certain environmental remediation obligations to address existing soil and groundwater contamination and monitoring activities and other clean-up activities, which reflects the current estimated cost of the remediation obligations. The current portion of the environmental liability is recorded in Accrued expenses and the non-current portion is recorded in Other long-term liabilities. The aggregate environmental liability reflected in the Company’s Condensed Consolidated Balance Sheets was $158.9 million and $134.6 million at June 30, 2020 and December 31, 2019, respectively, of which $145.2 million and $121.8 million, respectively, were classified as Other long-term liabilities. These liabilities include remediation and monitoring costs expected to be incurred over an extended period of time. Estimated liabilities could increase in the future when the results of ongoing investigations become known, are considered probable and can be reasonably estimated. Contingent Consideration In connection with the Martinez Acquisition, the Sale and Purchase Agreement includes an earn-out provision based on certain earning thresholds of the Martinez refinery. Pursuant to the agreement, the Company will make payments to the Seller based on the future earnings of the Martinez refinery in excess of certain thresholds, as defined in the agreement, for a period of up to four years following the acquisition closing date. The Company recorded the acquisition date fair value of the earn-out provision as contingent consideration of $77.3 million within “Other long-term liabilities” within the Company’s Condensed Consolidated Balance Sheets. The Martinez Contingent Consideration was $13.4 million as of June 30, 2020, representing the present value of expected future payments discounted at a blended rate of 13.6%. At June 30, 2020, the estimated undiscounted liability totaled $19.9 million, based on the Company’s anticipated future earn-out payments. In connection with the PBFX acquisition of CPI Operations LLC from Crown Point International LLC (“Crown Point”) in October 2018, the purchase and sale agreement included an earn-out provision related to an existing commercial agreement with a third party, based on the future results of certain of the acquired idled assets (the “PBFX Contingent Consideration”). Pursuant to the purchase and sale agreement, PBFX and Crown Point will share equally in the future operating profits of the restarted assets, as defined in the purchase and sale agreement, over a contractual term of up to three years starting in 2019. The PBFX Contingent Consideration recorded was $27.9 million and $26.1 million as of June 30, 2020 and December 31, 2019, respectively, representing the present value of expected future payments discounted at a blended rate of 8.79%. At June 30, 2020, the estimated undiscounted liability totaled $31.3 million based on PBFX’s anticipated total annual earn-out payments. The acquired idled assets that are subject to the PBFX Contingent Consideration recommenced operations in October 2019. Tax Receivable Agreement PBF Energy entered into a tax receivable agreement with the PBF LLC Series A and PBF LLC Series B unitholders (the “Tax Receivable Agreement”) that provides for the payment by PBF Energy to such persons of an amount equal to 85% of the amount of the benefits, if any, that PBF Energy is deemed to realize as a result of (i) increases in tax basis, as described below, and (ii) certain other tax benefits related to entering into the Tax Receivable Agreement, including tax benefits attributable to payments under the Tax Receivable Agreement. For purposes of the Tax Receivable Agreement, the benefits deemed realized by PBF Energy will be computed by comparing the actual income tax liability of PBF Energy (calculated with certain assumptions) to the amount of such taxes that PBF Energy would have been required to pay had there been no increase to the tax basis of the assets of PBF LLC as a result of purchases or exchanges of PBF LLC Series A Units for shares of PBF Energy Class A common stock and had PBF Energy not entered into the Tax Receivable Agreement. The term of the Tax Receivable Agreement will continue until all such tax benefits have been utilized or expired unless: (i) PBF Energy exercises its right to terminate the Tax Receivable Agreement, (ii) PBF Energy breaches any of its material obligations under the Tax Receivable Agreement or (iii) certain changes of control occur, in which case all obligations under the Tax Receivable Agreement will generally be accelerated and due as calculated under certain assumptions. The payment obligations under the Tax Receivable Agreement are obligations of PBF Energy and not of PBF LLC, PBF Holding or PBFX. In general, PBF Energy expects to obtain funding for these annual payments from PBF LLC, primarily through tax distributions, which PBF LLC makes on a pro-rata basis to its owners. Such owners include PBF Energy, which holds a 99.2% interest in PBF LLC as of June 30, 2020 (99.0% as of December 31, 2019). PBF LLC generally obtains funding to pay its tax distributions by causing PBF Holding to distribute cash to PBF LLC and from distributions it receives from PBFX. As of June 30, 2020, PBF Energy has recognized a liability for the Tax Receivable Agreement of $385.1 million ($373.5 million as of December 31, 2019) reflecting the estimate of the undiscounted amounts that the Company expects to pay under the agreement.

LEASES

LEASES	6 Months Ended
LEASES	Jun. 30, 2020
Leases [Abstract]
LEASES	LEASES The Company leases office space, office equipment, refinery support facilities and equipment, railcars and other logistics assets primarily under non-cancelable operating leases, with terms typically ranging from one The Company determines whether a contract is or contains a lease at inception of the contract and whether that lease meets the classification criteria of a finance or operating lease. When available, the Company uses the rate implicit in the lease to discount lease payments to present value; however, most of the Company’s leases do not provide a readily determinable implicit rate. Therefore, the Company must discount lease payments based on an estimate of its incremental borrowing rate. For substantially all classes of underlying assets, the Company has elected the practical expedient not to separate lease and non-lease components, which allows for combining the components if certain criteria are met. For certain leases of refinery support facilities, which have commenced subsequent to the year ended December 31, 2019, the Company accounts for the non-lease service component separately. There are no material residual value guarantees associated with any of the Company’s leases. There are no significant restrictions or covenants included in the Company’s lease agreements other than those that are customary in such arrangements. Certain of the Company’s leases, primarily for the Company’s commercial and logistics asset classes, include provisions for variable payments. These variable payments are typically determined based on a measure of throughput or actual days the asset has operated during the contract term or another measure of usage and are not included in the initial measurement of lease liabilities and right of use assets. Lease Position as of June 30, 2020 and December 31, 2019 The table below presents the lease related assets and liabilities recorded on the Company’s Condensed Consolidated Balance Sheets for the periods presented: (in millions) Classification on the Balance Sheet June 30, 2020 December 31, 2019 Assets Operating lease assets Lease right of use assets $ 407.7 $ 306.4 Finance lease assets Lease right of use assets 81.3 24.2 Total lease right of use assets $ 489.0 $ 330.6 Liabilities Current liabilities: Operating lease liabilities Current operating lease liabilities $ 148.6 $ 72.1 Finance lease liabilities Accrued expenses 12.8 6.5 Noncurrent liabilities: Operating lease liabilities Long-term operating lease liabilities 257.3 233.1 Finance lease liabilities Long-term financing lease liabilities 70.0 18.4 Total lease liabilities $ 488.7 $ 330.1 Lease Costs The table below provides certain information related to costs for the Company’s leases for the periods presented: Three Months Ended June 30, Six Months Ended June 30, Lease Costs (in millions) 2020 2019 2020 2019 Components of total lease costs: Finance lease cost Amortization of right of use assets $ 3.6 $ 0.4 $ 6.5 $ 0.4 Interest on lease liabilities 1.1 0.2 2.0 0.2 Operating lease cost 42.1 26.0 70.3 52.2 Short-term lease cost 26.6 25.1 48.6 48.4 Variable lease cost 3.0 2.1 6.9 3.5 Total lease costs $ 76.4 $ 53.8 $ 134.3 $ 104.7 Sale-leaseback Transactions On April 17, 2020, the Company closed on the sale of five hydrogen plants to Air Products and Chemicals, Inc. (“Air Products”) in a sale-leaseback transaction for gross cash proceeds of $530.0 million and recognized a gain of $471.1 million. In connection with the sale, the Company entered into a transition services agreement through which Air Products will exclusively supply hydrogen, steam, carbon dioxide and other products (the “Products”) to the Martinez, Torrance and Delaware City refineries for a specified period (not expected to exceed 18 months) until the parties agree on a long-term supply agreement for the Products. The transition services agreement also requires certain maintenance and operating activities to be provided by PBF Holding, for which the Company will be reimbursed, during the term of the agreement. Other Information The table below provides supplemental cash flow information related to leases for the periods presented (in millions): Six Months Ended June 30, 2020 2019 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows for operating leases $ 70.8 $ 52.0 Operating cash flows for finance leases 2.0 0.2 Financing cash flows for finance leases 5.7 0.2 Supplemental non-cash amounts of lease liabilities arising from obtaining right of use assets 224.3 46.2 Lease Term and Discount Rate The table below presents certain information related to the weighted average remaining lease term and weighted average discount rate for the Company’s leases as of June 30, 2020: Weighted average remaining lease term - operating leases 9.9 years Weighted average remaining lease term - finance leases 7.6 years Weighted average discount rate - operating leases 6.6 % Weighted average discount rate - finance leases 5.3 % Undiscounted Cash Flows The table below reconciles the fixed component of the undiscounted cash flows for each of the periods presented to the lease liabilities recorded on the Condensed Consolidated Balance Sheets as of June 30, 2020: Amounts due within twelve months of June, 30, (in millions) Finance Leases Operating Leases 2020 $ 16.8 $ 169.8 2021 13.9 82.5 2022 11.1 46.1 2023 11.1 32.0 2024 11.1 30.2 Thereafter 37.0 226.2 Total minimum lease payments 101.0 586.8 Less: effect of discounting 18.2 180.9 Present value of future minimum lease payments 82.8 405.9 Less: current obligations under leases 12.8 148.6 Long-term lease obligations $ 70.0 $ 257.3

EQUITY

EQUITY	6 Months Ended
EQUITY	Jun. 30, 2020
Noncontrolling Interest [Abstract]
EQUITY	EQUITY Noncontrolling Interest in PBF LLC PBF Energy is the sole managing member of, and has a controlling interest in, PBF LLC. As the sole managing member of PBF LLC, PBF Energy operates and controls all of the business and affairs of PBF LLC and its subsidiaries. PBF Energy’s equity interest in PBF LLC was approximately 99.2% and 99.0% as of June 30, 2020 and December 31, 2019, respectively. PBF Energy consolidates the financial results of PBF LLC and its subsidiaries, and records a noncontrolling interest for the economic interest in PBF Energy held by the members of PBF LLC other than PBF Energy. Noncontrolling interest on the Condensed Consolidated Statements of Operations includes the portion of net income or loss attributable to the economic interest in PBF Energy held by the members of PBF LLC other than PBF Energy. Noncontrolling interest on the Condensed Consolidated Balance Sheets reflects the portion of net assets of PBF Energy attributable to the members of PBF LLC other than PBF Energy. The noncontrolling interest ownership percentages in PBF LLC as of June 30, 2020 and December 31, 2019 are calculated as follows: Holders of PBF LLC Series A Units Outstanding Shares of PBF Energy Class A Common Stock Total * December 31, 2019 1,215,317 119,804,971 121,020,288 1.0 % 99.0 % 100.0 % June 30, 2020 975,625 120,032,858 121,008,483 0.8 % 99.2 % 100.0 % —————————— * Assumes all of the holders of PBF LLC Series A Units exchange their PBF LLC Series A Units for shares of PBF Energy’s Class A common stock on a one-for-one basis. Noncontrolling Interest in PBFX PBF LLC held a 48.0% limited partner interest in PBFX with the remaining 52.0% limited partner interest owned by the public common unitholders as of June 30, 2020. PBF LLC is also the sole member of PBF GP, the general partner of PBFX. PBF Energy, through its ownership of PBF LLC, consolidates the financial results of PBFX, and records a noncontrolling interest for the economic interest in PBFX held by the public common unitholders. Noncontrolling interest on the Condensed Consolidated Statements of Operations includes the portion of net income or loss attributable to the economic interest in PBFX held by the public common unitholders of PBFX other than PBF Energy (through its ownership in PBF LLC). Noncontrolling interest on the Condensed Consolidated Balance Sheets includes the portion of net assets of PBFX attributable to the public common unitholders of PBFX. The noncontrolling interest ownership percentages in PBFX as of December 31, 2019 and June 30, 2020 are calculated as follows: Units of PBFX Held by the Public Units of PBFX Held by PBF LLC Total December 31, 2019 32,176,404 29,953,631 62,130,035 51.8 % 48.2 % 100.0 % June 30, 2020 32,395,961 29,953,631 62,349,592 52.0 % 48.0 % 100.0 % Noncontrolling Interest in PBF Holding In connection with the acquisition of the Chalmette refinery, PBF Holding recorded noncontrolling interests in two subsidiaries of Chalmette Refining. PBF Holding, through Chalmette Refining, owns an 80% ownership interest in both Collins Pipeline Company and T&M Terminal Company. In the three and six months ended June 30, 2020 and 2019 the Company recorded noncontrolling interest in the earnings of these subsidiaries of less than $0.1 million. Changes in Equity and Noncontrolling Interests The following tables summarize the changes in equity for the controlling and noncontrolling interests of PBF Energy for the six months ended June 30, 2020 and 2019, respectively: PBF Energy (in millions) PBF Energy Inc. Equity Noncontrolling Noncontrolling Noncontrolling Total Equity Balance at January 1, 2020 $ 3,039.6 $ 113.2 $ 10.9 $ 421.8 $ 3,585.5 Comprehensive income (loss) (679.3) (10.2) — 37.5 (652.0) Dividends and distributions (35.9) (0.4) — (27.0) (63.3) Stock-based compensation 13.5 — — 2.2 15.7 Exercise of PBF LLC and PBF Energy options and warrants, net 0.2 — — — 0.2 Taxes paid for net settlements of equity-based compensation (0.9) — — — (0.9) Exchanges of PBF Energy Company LLC Series A Units for PBF Energy Class A common stock 2.3 (2.3) — — — Other 5.3 — — (0.8) 4.5 Balance at June 30, 2020 $ 2,344.8 $ 100.3 $ 10.9 $ 433.7 $ 2,889.7 PBF Energy (in millions) PBF Energy Inc. Equity Noncontrolling Noncontrolling Noncontrolling Total Equity Balance at January 1, 2019 $ 2,676.5 $ 112.2 $ 10.9 $ 448.9 $ 3,248.5 Comprehensive income 197.6 2.8 0.1 20.0 220.5 Dividends and distributions (71.9) (2.3) — (30.0) (104.2) Issuance of additional PBFX common units 152.0 — — (19.5) 132.5 Stock-based compensation 13.9 — — 4.4 18.3 Exercise of PBF LLC and PBF Energy options and warrants, net 0.2 — — — 0.2 Other (0.9) — — (1.8) (2.7) Balance at June 30, 2019 $ 2,967.4 $ 112.7 $ 11.0 $ 422.0 $ 3,513.1 The following tables summarize the changes in equity for the controlling and noncontrolling interests of PBF LLC for the six months ended June 30, 2020 and 2019, respectively: PBF LLC (in millions) PBF Energy Company LLC Equity Noncontrolling Interest in PBF Holding Noncontrolling Total Equity Balance at January 1, 2020 $ 3,176.4 $ 10.9 $ 421.8 $ 3,609.1 Comprehensive income (loss) (925.2) — 37.5 (887.7) Dividends and distributions (36.3) — (27.0) (63.3) Exercise of PBF LLC options and warrants, net (0.9) — — (0.9) Stock-based compensation 13.5 — 2.2 15.7 Other — — (0.8) (0.8) Balance at June 30, 2020 $ 2,227.5 $ 10.9 $ 433.7 $ 2,672.1 PBF LLC (in millions) PBF Energy Company LLC Equity Noncontrolling Noncontrolling Total Equity Balance at January 1, 2019 $ 2,759.6 $ 10.9 $ 448.9 $ 3,219.4 Comprehensive income 272.1 0.1 20.0 292.2 Dividends and distributions (127.5) — (30.0) (157.5) Exercise of PBF LLC and PBF Energy options and warrants, net (0.7) — — (0.7) Issuance of additional PBFX common units 152.0 — (19.5) 132.5 Stock-based compensation 13.9 — 4.4 18.3 Other — — (1.8) (1.8) Balance at June 30, 2019 $ 3,069.4 $ 11.0 $ 422.0 $ 3,502.4

DIVIDENDS AND DISTRIBUTIONS

DIVIDENDS AND DISTRIBUTIONS	6 Months Ended
DIVIDENDS AND DISTRIBUTIONS	Jun. 30, 2020
Equity [Abstract]
DIVIDENDS AND DISTRIBUTIONS	DIVIDENDS AND DISTRIBUTIONS On March 30, 2020, PBF Energy announced that it had suspended its quarterly dividend of $0.30 per share on its Class A common stock as part of its strategic plan to respond to the impact of the COVID-19 outbreak. As a result there were no dividends and distributions for the three months ended June 30, 2020. With respect to dividends and distributions paid during the six months ended June 30, 2020, PBF LLC made an aggregate non-tax quarterly distribution of $36.2 million, or $0.30 per unit to its members, of which $35.9 million was distributed pro-rata to PBF Energy and the balance was distributed to its other members. PBF Energy used this $35.9 million to pay a quarterly cash dividend of $0.30 per share of Class A common stock on March 17, 2020. With respect to distributions paid during the six months ended June 30, 2020, PBFX paid a distribution on outstanding common units of $0.520 per unit on March 17, 2020 and $0.30 on June 17, 2020 of which $24.6 million was distributed to PBF LLC and the balance was distributed to its public unitholders.

EMPLOYEE BENEFIT PLANS

EMPLOYEE BENEFIT PLANS	6 Months Ended
EMPLOYEE BENEFIT PLANS	Jun. 30, 2020
Defined Benefit Plan [Abstract]
EMPLOYEE BENEFIT PLANS	EMPLOYEE BENEFIT PLANS Effective February 1, 2020, the Company amended the PBF Energy Pension Plan to, among other things, incorporate into the plan all employees who became employed at the Company’s Martinez, California location on February 1, 2020, in connection with the Martinez Acquisition. The components of net periodic benefit cost related to the Company’s defined benefit plans consisted of the following: (in millions) Three Months Ended June 30, Six Months Ended June 30, Pension Benefits 2020 2019 2020 2019 Components of net periodic benefit cost: Service cost $ 15.1 $ 10.9 $ 28.9 $ 21.8 Interest cost 1.7 2.1 3.5 4.2 Expected return on plan assets (3.1) (2.4) (6.2) (4.8) Amortization of prior service cost and actuarial loss — — 0.1 0.1 Net periodic benefit cost $ 13.7 $ 10.6 $ 26.3 $ 21.3 (in millions) Three Months Ended June 30, Six Months Ended June 30, Post-Retirement Medical Plan 2020 2019 2020 2019 Components of net periodic benefit cost: Service cost $ 0.2 $ 0.3 $ 0.5 $ 0.5 Interest cost 0.1 0.1 0.2 0.3 Amortization of prior service cost and actuarial loss 0.2 0.2 0.3 0.3 Net periodic benefit cost $ 0.5 $ 0.6 $ 1.0 $ 1.1

REVENUES

REVENUES	6 Months Ended
REVENUES	Jun. 30, 2020
REVENUE [Abstract]
REVENUES	REVENUES Revenues are recognized when control of the promised goods or services is transferred to our customers, in an amount that reflects the consideration we expect to be entitled to in exchange for those goods or services. As described in “Note 18 - Segment Information”, the Company’s business consists of the Refining segment and Logistics segment. The following table provides information relating to the Company’s revenues for each product or group of similar products or services by segment for the periods presented. Three Months Ended June 30, (in millions) 2020 2019 Refining Segment: Gasoline and distillates $ 2,035.9 $ 5,570.7 Feedstocks and other 215.3 203.9 Asphalt and blackoils 164.1 531.8 Chemicals 45.5 177.6 Lubricants 38.3 67.9 Total 2,499.1 6,551.9 Logistics Segment: Logistics 89.2 82.8 Total revenues prior to eliminations 2,588.3 6,634.7 Elimination of intercompany revenues (72.5) (74.7) Total Revenues $ 2,515.8 $ 6,560.0 Six Months Ended June 30, (in millions) 2020 2019 Refining Segment: Gasoline and distillates $ 6,606.3 $ 10,003.7 Feedstocks and other 526.6 404.6 Asphalt and blackoils 371.1 884.8 Chemicals 158.3 329.3 Lubricants 96.8 138.2 Total 7,759.1 11,760.6 Logistics Segment: Logistics 182.2 161.6 Total revenues prior to eliminations 7,941.3 11,922.2 Elimination of intercompany revenues (148.0) (146.0) Total Revenues $ 7,793.3 $ 11,776.2 The majority of the Company’s revenues are generated from the sale of refined petroleum products reported in the Refining segment. These revenues are largely based on the current spot (market) prices of the products sold, which represent consideration specifically allocable to the products being sold on a given day, and the Company recognizes those revenues upon delivery and transfer of title to the products to our customers. The time at which delivery and transfer of title occurs is the point when the Company’s control of the products is transferred to the Company’s customers and when its performance obligation to its customers is fulfilled. Delivery and transfer of title are specifically agreed to between the Company and customers within the contracts. The Refining segment also has contracts which contain fixed pricing, tiered pricing, minimum volume features with makeup periods, or other factors that have not materially been affected by ASC 606, Revenues from Contracts with Customers. The Company’s Logistics segment revenues are generated by charging fees for crude oil and refined products terminaling, storage and pipeline services based on the greater of contractual minimum volume commitments, as applicable, or the delivery of actual volumes based on contractual rates applied to throughput or storage volumes. A majority of the Company’s logistics revenues are generated by intercompany transactions and are eliminated in consolidation. Deferred Revenues The Company records deferred revenues when cash payments are received or are due in advance of performance, including amounts which are refundable. Deferred revenue was $20.5 million and $20.1 million as of June 30, 2020 and December 31, 2019, respectively. Fluctuations in the deferred revenue balance are primarily driven by the timing and extent of cash payments received or due in advance of satisfying the Company’s performance obligations. The Company’s payment terms vary by type and location of customers and the products offered. The period between invoicing and when payment is due is not significant (i.e. generally within two months). For certain products or services and customer types, the Company requires payment before the products or services are delivered to the customer.

INCOME TAXES

INCOME TAXES	6 Months Ended
INCOME TAXES	Jun. 30, 2020
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES PBF Energy is required to file federal and applicable state corporate income tax returns and recognize income taxes on its pre-tax income (loss), which to-date has consisted primarily of its share of PBF LLC’s pre-tax income (loss) (approximately 99.2% and 99.0% as of June 30, 2020 and December 31, 2019, respectively). PBF LLC is organized as a limited liability company and PBFX is an MLP, both of which are treated as “flow-through” entities for federal income tax purposes and therefore are not subject to income taxes apart from the income tax attributable to the two subsidiaries acquired in connection with the acquisition of Chalmette Refining and PBF Holding’s wholly-owned Canadian subsidiary, PBF Energy Limited, that are treated as C-Corporations for income tax purposes. The reported income tax provision in the PBF Energy Condensed Consolidated Statements of Operations consists of the following: Three Months Ended June 30, Six Months Ended June 30, (in millions) 2020 2019 2020 2019 Current income tax expense (benefit) $ 0.2 $ (0.2) $ 0.4 $ 1.8 Deferred income tax expense (benefit) 138.1 (10.3) (236.7) 68.2 Total income tax expense (benefit) $ 138.3 $ (10.5) $ (236.3) $ 70.0 The income tax provision is based on earnings (losses) before taxes attributable to PBF Energy and excludes earnings before taxes attributable to noncontrolling interests as such interests are generally not subject to income taxes except as noted above. The difference between PBF Energy’s effective income tax rate and the United States statutory rate is reconciled below: Three Months Ended June 30, Six Months Ended June 30, 2020 2019 2020 2019 Provision at Federal statutory rate 21.0 % 21.0 % 21.0 % 21.0 % Increase (decrease) attributable to flow-through of certain tax adjustments: State income taxes (net of federal income tax) 5.3 % 2.0 % 5.3 % 5.5 % Nondeductible/nontaxable items — % (3.4) % — % 0.7 % Rate differential from foreign jurisdictions (0.1) % 2.4 % (0.1) % (0.7) % Other — % 2.6 % (0.3) % (0.3) % Effective tax rate 26.2 % 24.6 % 25.9 % 26.2 % PBF Energy’s effective income tax rate for the three and six months ended June 30, 2020, including the impact of income attributable to noncontrolling interests of $23.9 million and $27.3 million, respectively, was 25.1% and 26.7%, respectively. PBF Energy’s effective income tax rate for the three and six months ended June 30, 2019, including the impact of income attributable to noncontrolling interests of $10.6 million and $22.8 million respectively, was 32.7% and 24.2%, respectively. On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) was enacted and signed into law. The CARES Act includes several provisions for corporations, including increasing the amount of deductible interest, allowing companies to carryback certain Net Operating Losses (“NOLs”) and increasing the amount of NOLs that corporations can use to offset income. The CARES Act did not materially affect the Company’s income tax provision, deferred tax assets and liabilities, and related taxes payable for the periods presented. The Company is currently assessing the future implications of these provisions within the CARES Act on its Consolidated Financial Statements. The reported income tax provision in the PBF LLC Condensed Consolidated Statements of Operations consists of the following: Three Months Ended June 30, Six Months Ended June 30, (in millions) 2020 2019 2020 2019 Current income tax benefit $ — $ (0.1) $ — $ (0.1) Deferred income tax (benefit) expense (4.4) 1.9 9.8 (5.3) Total income tax (benefit) expense $ (4.4) $ 1.8 $ 9.8 $ (5.4)

FAIR VALUE MEASUREMENTS

FAIR VALUE MEASUREMENTS	6 Months Ended
FAIR VALUE MEASUREMENTS	Jun. 30, 2020
Fair Value Disclosures [Abstract]
FAIR VALUE MEASUREMENTS	FAIR VALUE MEASUREMENTS The tables below present information about the Company’s financial assets and liabilities measured and recorded at fair value on a recurring basis and indicate the fair value hierarchy of the inputs utilized to determine the fair values as of June 30, 2020 and December 31, 2019. The Company has elected to offset the fair value amounts recognized for multiple derivative contracts executed with the same counterparty; however, fair value amounts by hierarchy level are presented on a gross basis in the tables below. The Company has posted cash margin with various counterparties to support hedging and trading activities. The cash margin posted is required by counterparties as collateral deposits and cannot be offset against the fair value of open contracts except in the event of default. The Company has no derivative contracts that are subject to master netting arrangements that are reflected gross on the Condensed Consolidated Balance Sheets. As of June 30, 2020 Fair Value Hierarchy Total Gross Fair Value Effect of Counter-party Netting Net Carrying Value on Balance Sheet (in millions) Level 1 Level 2 Level 3 Assets: Money market funds $ 402.5 $ — $ — $ 402.5 N/A $ 402.5 Commodity contracts 0.1 7.0 1.3 8.4 (8.4) — Derivatives included with inventory intermediation agreement obligations — 24.4 — 24.4 — 24.4 Liabilities: Commodity contracts 0.5 13.6 0.3 14.4 (8.4) 6.0 Catalyst obligations — 32.1 — 32.1 — 32.1 Contingent consideration obligation — — 41.3 41.3 — 41.3 As of December 31, 2019 Fair Value Hierarchy Total Gross Fair Value Effect of Counter-party Netting Net Carrying Value on Balance Sheet (in millions) Level 1 Level 2 Level 3 Assets: Money market funds $ 111.8 $ — $ — $ 111.8 N/A $ 111.8 Commodity contracts 32.5 1.5 — 34.0 (33.8) 0.2 Liabilities: Commodity contracts 32.8 1.0 — 33.8 (33.8) — Catalyst obligations — 47.6 — 47.6 — 47.6 Derivatives included with inventory intermediation agreement obligations — 1.3 — 1.3 — 1.3 The valuation methods used to measure financial instruments at fair value are as follows: • Money market funds categorized in Level 1 of the fair value hierarchy are measured at fair value based on quoted market prices and included within Cash and cash equivalents. • The commodity contracts categorized in Level 1 of the fair value hierarchy are measured at fair value based on quoted prices in an active market. The commodity contracts categorized in Level 2 of the fair value hierarchy are measured at fair value using a market approach based upon future commodity prices for similar instruments quoted in active markets. • The derivatives included with inventory intermediation agreement obligations and the catalyst obligations are categorized in Level 2 of the fair value hierarchy and are measured at fair value using a market approach based upon commodity prices for similar instruments quoted in active markets. • The commodity contracts categorized in Level 3 of the fair value hierarchy consist of commodity price swap contracts that relate to forecasted purchases of crude oil for which quoted forward market prices are not readily available due to market illiquidity. The forward prices used to value these swaps were derived using broker quotes, prices from other third party sources and other available market based data. • The contingent consideration obligation at June 30, 2020 is categorized in Level 3 of the fair value hierarchy and is estimated using discounted cash flow models based on management’s estimate of the future cash flows related to the earn-out periods. The change in fair value of the obligation during the three and six months ended June 30, 2020 was impacted primarily by the change in estimated future earnings related to the Martinez refinery during the earn-out period. Non-qualified pension plan assets are measured at fair value using a market approach based on published net asset values of mutual funds as a practical expedient. As of June 30, 2020 and December 31, 2019, $11.1 million and $10.3 million, respectively, were included within Deferred charges and other assets, net for these non-qualified pension plan assets. The table below summarizes the changes in fair value measurements categorized in Level 3 of the fair value hierarchy: Three Months Ended June 30, Six Months Ended June 30, (in millions) 2020 2020 Balance at beginning of period $ 51.3 $ 26.1 Additions — 77.3 Accretion on discounted liabilities 2.1 2.8 Settlements 0.4 0.4 Unrealized gain included in earnings (13.5) (66.3) Balance at end of period $ 40.3 $ 40.3 There were no transfers between levels during the three and six months ended June 30, 2020 or 2019, respectively. Fair value of debt The table below summarizes the carrying value and fair value of debt as of June 30, 2020 and December 31, 2019. June 30, 2020 December 31, 2019 (in millions) Carrying value Fair value Carrying value Fair value 2025 Senior Secured Notes (a) $ 1,000.0 $ 1,074.3 $ — $ — 2028 Senior Notes (a) 1,000.0 835.0 — — 2025 Senior Notes (a) 725.0 661.8 725.0 776.5 2023 Senior Notes (b) — — 500.0 519.7 PBFX 2023 Senior Notes (a) 527.0 505.2 527.2 543.0 PBF Rail Term Loan (c) 11.0 11.0 14.5 14.5 PBFX Revolving Credit Facility (c) 248.0 248.0 283.0 283.0 Revolving Credit Facility (c) 600.0 600.0 — — Catalyst financing arrangements (d) 32.1 32.1 47.6 47.6 4,143.1 3,967.4 2,097.3 2,184.3 Less - Current debt — — — — Less - Unamortized deferred financing costs (50.3) n/a (32.4) n/a Long-term debt $ 4,092.8 $ 3,967.4 $ 2,064.9 $ 2,184.3 (a) The estimated fair value, categorized as a Level 2 measurement, was calculated based on the present value of future expected payments utilizing implied current market interest rates based on quoted prices of the outstanding senior notes. (b) As disclosed in “Note 7 - Debt”, the 2023 Senior Notes were redeemed in full on February 14, 2020. (c) The estimated fair value approximates carrying value, categorized as a Level 2 measurement, as these borrowings bear interest based upon short-term floating market interest rates.

DERIVATIVES

DERIVATIVES	6 Months Ended
DERIVATIVES	Jun. 30, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract]
DERIVATIVES	DERIVATIVESThe Company uses derivative instruments to mitigate certain exposures to commodity price risk. The Company entered into the Inventory Intermediation Agreements that contain purchase obligations for certain volumes of crude oil, intermediates and refined products. The purchase obligations related to crude oil, intermediates and refined products under these agreements are derivative instruments that have been designated as fair value hedges in order to hedge the commodity price volatility of certain refinery inventory. The fair value of these purchase obligation derivatives is based on market prices of the underlying crude oil, intermediates and refined products. The level of activity for these derivatives is based on the level of operating inventories. As of June 30, 2020, there were no barrels of crude oil and feedstocks (27,580 barrels at December 31, 2019) outstanding under these derivative instruments designated as fair value hedges. As of June 30, 2020, there were 2,949,375 barrels of intermediates and refined products (3,430,635 barrels at December 31, 2019) outstanding under these derivative instruments designated as fair value hedges. These volumes represent the notional value of the contract. The Company also enters into economic hedges primarily consisting of commodity derivative contracts that are not designated as hedges and are used to manage price volatility in certain crude oil and feedstock inventories as well as crude oil, feedstock, and refined product sales or purchases. The objective in entering into economic hedges is consistent with the objectives discussed above for fair value hedges. As of June 30, 2020, there were 9,800,000 barrels of crude oil and 771,000 barrels of refined products (5,511,000 and 5,788,000, respectively, as of December 31, 2019), outstanding under short and long term commodity derivative contracts not designated as hedges representing the notional value of the contracts. The Company also uses derivative instruments to mitigate the risk associated with the price of credits needed to comply with various governmental and regulatory environmental compliance programs. For such contracts that represent derivatives, the Company elects the normal purchase normal sale exception under ASC 815, Derivatives and Hedging , and therefore does not record them at fair value. The following tables provide information about the fair values of these derivative instruments as of June 30, 2020 and December 31, 2019 and the line items in the Condensed Consolidated Balance Sheets in which the fair values are reflected. Description Fair Value (in millions) Derivatives designated as hedging instruments: June 30, 2020: Derivatives included with the inventory intermediation agreement obligations Accrued expenses $ 24.4 December 31, 2019: Derivatives included with the inventory intermediation agreement obligations Accrued expenses $ (1.3) Derivatives not designated as hedging instruments: June 30, 2020: Commodity contracts Accrued expenses $ (6.0) December 31, 2019: Commodity contracts Accounts receivable $ 0.2 The following table provides information about the gains or losses recognized in income on these derivative instruments and the line items in the Condensed Consolidated Statements of Operations in which such gains and losses are reflected. Description Location of Gain or (Loss) Recognized in Income on Derivatives Gain or (Loss) Recognized in Income on Derivatives (in millions) Derivatives designated as hedging instruments: For the three months ended June 30, 2020: Derivatives included with the inventory intermediation agreement obligations Cost of products and other $ (42.2) For the three months ended June 30, 2019: Derivatives included with the inventory intermediation agreement obligations Cost of products and other $ (20.8) For the six months ended June 30, 2020: Derivatives included with the inventory intermediation agreement obligations Cost of products and other $ 25.7 For the six months ended June 30, 2019: Derivatives included with the inventory intermediation agreement obligations Cost of products and other $ (35.0) Derivatives not designated as hedging instruments: For the three months ended June 30, 2020: Commodity contracts Cost of products and other $ (13.2) For the three months ended June 30, 2019: Commodity contracts Cost of products and other $ 1.0 For the six months ended June 30, 2020: Commodity contracts Cost of products and other $ 65.0 For the six months ended June 30, 2019: Commodity contracts Cost of products and other $ 32.7 Hedged items designated in fair value hedges: For the three months ended June 30, 2020: Crude oil, intermediate and refined product inventory Cost of products and other $ 42.2 For the three months ended June 30, 2019: Crude oil, intermediate and refined product inventory Cost of products and other $ 20.8 For the six months ended June 30, 2020: Crude oil, intermediate and refined product inventory Cost of products and other $ (25.7) For the six months ended June 30, 2019: Crude oil, intermediate and refined product inventory Cost of products and other $ 35.0 The Company had no ineffectiveness related to the fair value hedges for the three and six months ended June 30, 2020 or 2019, respectively.

SEGMENT INFORMATION

SEGMENT INFORMATION	6 Months Ended
SEGMENT INFORMATION	Jun. 30, 2020
Segment Reporting [Abstract]
SEGMENT INFORMATION	SEGMENT INFORMATION The Company’s operations are organized into two reportable segments, Refining and Logistics. Operations that are not included in the Refining and Logistics segments are included in Corporate. Intersegment transactions are eliminated in the Condensed Consolidated Financial Statements and are included in Eliminations. Refining The Company’s Refining segment includes the operations of its six refineries, including certain related logistics assets that are not owned by PBFX. The Company’s refineries are located in Delaware City, Delaware, Paulsboro, New Jersey, Toledo, Ohio, Chalmette, Louisiana, Torrance, California and Martinez, California. The refineries produce unbranded transportation fuels, heating oil, petrochemical feedstocks, lubricants and other petroleum products in the United States. The Company purchases crude oil, other feedstocks and blending components from various third-party suppliers. The Company sells products throughout the Northeast, Midwest, Gulf Coast and West Coast of the United States, as well as in other regions of the United States and Canada, and is able to ship products to other international destinations. Logistics The Company’s Logistics segment is comprised of PBFX, a publicly-traded MLP, formed to own or lease, operate, develop and acquire crude oil and refined petroleum products terminals, pipelines, storage facilities and similar logistics assets. PBFX’s assets primarily consist of rail and truck terminals and unloading racks, tank farms and pipelines that were acquired from or contributed by PBF LLC and are located at, or nearby, the Company’s refineries. PBFX provides various rail, truck and marine terminaling services, pipeline transportation services and storage services to PBF Holding and/or its subsidiaries and third-party customers through fee-based commercial agreements. PBFX currently does not generate significant third-party revenues and intersegment related-party revenues are eliminated in consolidation. From a PBF Energy and PBF LLC perspective, the Company’s chief operating decision maker evaluates the Logistics segment as a whole without regard to any of PBFX’s individual operating segments. The Company evaluates the performance of its segments based primarily on income from operations. Income from operations includes those revenues and expenses that are directly attributable to management of the respective segment. The Logistics segment’s revenues include intersegment transactions with the Company’s Refining segment at prices the Company believes are substantially equivalent to the prices that could have been negotiated with unaffiliated parties with respect to similar services. Activities of the Company’s business that are not included in the two operating segments are included in Corporate. Such activities consist primarily of corporate staff operations and other items that are not specific to the normal operations of the two operating segments. The Company does not allocate non-operating income and expense items, including income taxes, to the individual segments. The Refining segment’s operating subsidiaries and PBFX are primarily pass-through entities with respect to income taxes. Total assets of each segment consist of property, plant and equipment, inventories, cash and cash equivalents, accounts receivables and other assets directly associated with the segment’s operations. Corporate assets consist primarily of deferred tax assets, non-operating property, plant and equipment and other assets not directly related to the Company’s refinery and logistics operations. Disclosures regarding the Company’s reportable segments with reconciliations to consolidated totals for the three and six months ended June 30, 2020 and June 30, 2019 are presented below. In connection with certain contributions by PBF LLC to PBFX, the accompanying segment information is retrospectively adjusted to include the historical results of those assets in the Logistics segment for all periods presented prior to such contributions, as applicable. Three Months Ended June 30, 2020 PBF Energy - (in millions) Refining Logistics Corporate Eliminations Consolidated Total Revenues $ 2,499.1 $ 89.2 $ — $ (72.5) $ 2,515.8 Depreciation and amortization expense 111.1 11.2 2.8 — 125.1 Income (loss) from operations 614.6 50.1 (43.9) — 620.8 Interest expense, net 0.7 12.7 52.1 — 65.5 Capital expenditures 143.8 1.8 2.2 — 147.8 Three Months Ended June 30, 2019 Refining Logistics Corporate Eliminations Consolidated Total Revenues $ 6,551.9 $ 82.8 $ — $ (74.7) $ 6,560.0 Depreciation and amortization expense 95.3 8.9 2.9 — 107.1 Income (loss) from operations (1)(2) 23.7 37.8 (48.8) (3.2) 9.5 Interest expense, net 0.9 12.5 28.7 — 42.1 Capital expenditures 235.9 4.0 1.4 — 241.3 Six Months Ended June 30, 2020 Refining Logistics Corporate Eliminations Consolidated Total Revenues $ 7,759.1 $ 182.2 $ — $ (148.0) $ 7,793.3 Depreciation and amortization expense 216.5 22.5 5.7 — 244.7 Income (loss) from operations (771.8) 97.8 (72.0) — (746.0) Interest expense, net 1.5 25.5 87.7 — 114.7 Capital expenditures (3) 1,447.9 7.9 7.2 — 1,463.0 Six Months Ended June 30, 2019 Refining Logistics Corporate Eliminations Consolidated Total Revenues $ 11,760.6 $ 161.6 $ — $ (146.0) $ 11,776.2 Depreciation and amortization expense 189.6 17.6 5.7 — 212.9 Income (loss) from operations (1)(2) 413.2 72.0 (103.2) (7.9) 374.1 Interest expense, net 1.4 24.6 55.6 — 81.6 Capital expenditures 483.0 15.2 3.7 — 501.9 Balance at June 30, 2020 Refining Logistics Corporate Eliminations Consolidated Total Total assets $ 8,947.7 $ 950.5 $ 230.2 $ (55.1) $ 10,073.3 Balance at December 31, 2019 Refining Logistics Corporate Eliminations Consolidated Total Total assets $ 8,154.8 $ 973.0 $ 52.7 $ (48.1) $ 9,132.4 Three Months Ended June 30, 2020 PBF LLC - (in millions) Refining Logistics Corporate Eliminations Consolidated Total Revenues $ 2,499.1 $ 89.2 $ — $ (72.5) $ 2,515.8 Depreciation and amortization expense 111.1 11.2 2.8 — 125.1 Income (loss) from operations 614.6 50.1 (43.6) — 621.1 Interest expense, net 0.7 12.7 54.7 — 68.1 Capital expenditures 143.8 1.8 2.2 — 147.8 Three Months Ended June 30, 2019 Refining Logistics Corporate Eliminations Consolidated Total Revenues $ 6,551.9 $ 82.8 $ — $ (74.7) $ 6,560.0 Depreciation and amortization expense 95.3 8.9 2.9 — 107.1 Income (loss) from operations (1)(2) 23.7 37.8 (48.4) (3.2) 9.9 Interest expense, net 0.9 12.5 31.1 — 44.5 Capital expenditures 235.9 4.0 1.4 — 241.3 Six Months Ended June 30, 2020 Refining Logistics Corporate Eliminations Consolidated Total Revenues $ 7,759.1 $ 182.2 $ — $ (148.0) $ 7,793.3 Depreciation and amortization expense 216.5 22.5 5.7 — 244.7 Income (loss) from operations (771.8) 97.8 (71.7) — (745.7) Interest expense, net 1.5 25.5 92.8 — 119.8 Capital expenditures (3) 1,447.9 7.9 7.2 — 1,463.0 Six Months Ended June 30, 2019 Refining Logistics Corporate Eliminations Consolidated Total Revenues $ 11,760.6 $ 161.6 $ — $ (146.0) $ 11,776.2 Depreciation and amortization expense 189.6 17.6 5.7 — 212.9 Income (loss) from operations (1)(2) 413.2 72.0 (102.5) (7.9) 374.8 Interest expense, net 1.4 24.6 60.0 — 86.0 Capital expenditures 483.0 15.2 3.7 — 501.9 Balance at June 30, 2020 Refining Logistics Corporate Eliminations Consolidated Total Total assets $ 8,947.7 $ 950.5 $ 46.2 $ (55.1) $ 9,889.3 Balance at December 31, 2019 Refining Logistics Corporate Eliminations Consolidated Total Total assets $ 8,154.8 $ 973.0 $ 49.4 $ (48.1) $ 9,129.1 (1) On April 24, 2019, PBFX entered into a contribution agreement with PBF LLC (the “TVPC Contribution Agreement”), pursuant to which PBF LLC contributed to PBFX all of the issued and outstanding limited liability company interests of TVP Holding Company LLC (“TVP Holding”) for total consideration of $200.0 million (the “TVPC Acquisition”). Prior to the TVPC Acquisition, TVP Holding owned a 50% equity interest in Torrance Valley Pipeline Company LLC (“TVPC”). Subsequent to the closing of the TVPC Acquisition on May 31, 2019, PBFX owns 100% of the membership interests in TVPC. (2) Prior to the TVPC Contribution Agreement, the Logistics segment included 100% of the income from operations of TVPC, as TVPC was consolidated by PBFX. PBFX recorded net income attributable to noncontrolling interest for the 50% equity interest in TVPC held by PBF Holding. PBF Holding (included in the Refining segment) recorded equity income in investee related to its 50% noncontrolling ownership interest in TVPC. For purposes of the Company’s Condensed Consolidated Financial Statements, PBF Holding’s equity income in investee and PBFX’s net income attributable to noncontrolling interest eliminated in consolidation. (3) The Refining segment includes capital expenditures of $1,176.2 million for the acquisition of the Martinez refinery in the first quarter of 2020.

NET INCOME (LOSS) PER SHARE OF

NET INCOME (LOSS) PER SHARE OF PBF ENERGY	6 Months Ended
NET INCOME (LOSS) PER SHARE OF PBF ENERGY	Jun. 30, 2020
Earnings Per Share [Abstract]
NET INCOME (LOSS) PER SHARE OF PBF ENERGY	NET INCOME (LOSS) PER SHARE OF PBF ENERGY The Company grants certain equity-based compensation awards to employees and non-employee directors that are considered to be participating securities. Due to the presence of participating securities, the Company has calculated net income (loss) per share of PBF Energy Class A common stock using the two-class method. The following table sets forth the computation of basic and diluted net income (loss) per share of PBF Energy Class A common stock attributable to PBF Energy for the periods presented: (in millions, except share and per share amounts) Three Months Ended June 30, Six Months Ended June 30, Basic Earnings Per Share: 2020 2019 2020 2019 Allocation of earnings: Net income (loss) attributable to PBF Energy Inc. stockholders $ 389.1 $ (32.2) $ (676.8) $ 197.0 Less: Income allocated to participating securities — 0.1 0.1 0.2 Income (loss) available to PBF Energy Inc. stockholders - basic $ 389.1 $ (32.3) $ (676.9) $ 196.8 Denominator for basic net income (loss) per Class A common share - weighted average shares 120,010,882 119,181,845 119,499,392 119,885,386 Basic net income (loss) attributable to PBF Energy per Class A common share $ 3.24 $ (0.27) $ (5.66) $ 1.64 Diluted Earnings Per Share: Numerator: Income (loss) available to PBF Energy Inc. stockholders - basic $ 389.1 $ (32.3) $ (676.9) $ 196.8 Plus: Net income (loss) attributable to noncontrolling interest (1) 4.5 — (10.1) 2.7 Less: Income tax (expense) benefit on net income attributable to noncontrolling interest (1) (1.2) — 2.7 (0.7) Numerator for diluted net income (loss) per PBF Energy Class A common share - net income (loss) attributable to PBF Energy Inc. stockholders (1) $ 392.4 $ (32.3) $ (684.3) $ 198.8 Denominator: (1) Denominator for basic net income (loss) per PBF Energy Class A common share-weighted average shares 120,010,882 119,181,845 119,499,392 119,885,386 Effect of dilutive securities: (2) Conversion of PBF LLC Series A Units 1,017,620 — 1,113,209 1,206,325 Common stock equivalents 400,398 — — 928,733 Denominator for diluted net income (loss) per PBF Energy Class A common share-adjusted weighted average shares 121,428,900 119,181,845 120,612,601 122,020,444 Diluted net income (loss) attributable to PBF Energy Inc. stockholders per PBF Energy Class A common share $ 3.23 $ (0.27) $ (5.67) $ 1.63 ___________________________________________ (1) The diluted earnings per share calculation generally assumes the conversion of all outstanding PBF LLC Series A Units to PBF Energy Class A common stock. The net income (loss) attributable to PBF Energy used in the numerator of the diluted earnings per share calculation is adjusted to reflect the net income (loss), as well as the corresponding income tax expense (benefit) (based on a 26.3% estimated annualized statutory corporate tax rate for the three and six months ended June 30, 2020 and a 26.5% estimated annualized statutory corporate tax rate for the three and six months ended June 30, 2019), attributable to the converted units. During the three months ended June 30, 2019, the potential conversion of 1,206,325 PBF LLC Series A Units into PBF Energy Class A common stock were excluded from the denominator in computing diluted net income (loss) per share because including them would have had an anti-dilutive effect. As the potential conversion of the PBF LLC Series A Units and common stock equivalents were not included, the numerator used in the calculation of diluted net income (loss) per share was equal to the numerator used in the calculation of basic net income (loss) per share and does not include the net income (loss) and income tax attributable to the net income (loss) associated with the potential conversion of the PBF LLC Series A Units and common stock equivalents.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	6 Months Ended
SUBSEQUENT EVENTS	Jun. 30, 2020
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	20. SUBSEQUENT EVENTS PBFX Distributions

DESCRIPTION OF THE BUSINESS A_2

DESCRIPTION OF THE BUSINESS AND BASIS OF PRESENTATION (Policies)	6 Months Ended
	Jun. 30, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Basis of Presentation The unaudited condensed consolidated financial information furnished herein reflects all adjustments (consisting of normal recurring accruals) which are, in the opinion of management, considered necessary for a fair presentation of the financial position and the results of operations and cash flows of the Company for the periods presented. All intercompany accounts and transactions have been eliminated in consolidation. These unaudited Condensed Consolidated Financial Statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information. Accordingly, they do not include all of the information and notes required by GAAP for complete financial statements. These interim Condensed Consolidated Financial Statements should be read in conjunction with the PBF Energy and PBF LLC financial statements included in the Annual Report on Form 10-K for the year ended December 31, 2019. The results of operations for the three and six months ended June 30, 2020 are not necessarily indicative of the results to be expected for the full year.
Reclassification, Policy	ReclassificationAs of June 30, 2020, Financing lease right-of-use assets, previously included in Deferred charges and other assets, net, in the Condensed Consolidated Balance Sheets, are reflected within Lease right-of-use assets, which is inclusive of both operating and financing lease right-of-use assets. Financing lease liabilities, previously included in Other long-term liabilities, in the Condensed Consolidated Balance Sheets, are presented as separate line items in the Condensed Consolidated Financial Statements. The amounts related to such balance sheet accounts have also been reclassified in their respective footnotes for prior periods to conform to the 2020 presentation.
Impairment or Disposal of Long-Lived Assets, Policy	Interim Impairment AssessmentThe global crisis resulting from the spread of the recent novel coronavirus (“COVID-19”) pandemic continues to have a substantial impact on the economy and overall consumer demand for energy and hydrocarbon products. As a result of the sustained decrease in PBF Energy’s stock price as of the end of the second quarter, enduring throughput reductions across the Company’s refineries and continued decrease in demand for the Company’s products during the quarter, the Company determined an impairment triggering event had occurred. As such, the Company performed an interim impairment assessment on certain long-lived assets as of June 30, 2020. As a result of the interim impairment test, the Company concluded that the carrying values of its long-lived assets were not impaired when comparing the carrying value of the long-lived assets to the estimated undiscounted future cash flows expected to result from use of the assets over their remaining estimated useful life.
Recent Accounting Pronouncements	Recently Adopted Accounting Pronouncements In June 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standard Update (“ASU”) 2016-13, “Financial Instruments-Credit Losses” (Topic 326), Measurement of Credit Losses on Financial Instruments (“ASU 2016-13”). This guidance amends the guidance on measuring credit losses on financial assets held at amortized cost. ASU 2016-13 requires the measurement of all expected credit losses for financial assets held at the reporting date based on historical experience, current conditions, and reasonable and supportable forecasts. This guidance is effective for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years. The Company adopted this ASU effective January 1, 2020. The adoption of this ASU does not currently impact the Company’s Condensed Consolidated Financial Statements. Refer to “Note 4 - Current Expected Credit Losses” for further disclosure related to our adoption of this pronouncement. Recently Issued Accounting Pronouncements In March 2020, the FASB issued ASU 2020-04, “Reference Rate Reform (Topic 848)”: Facilitation of the effects of reference rate reform on financial reporting. The amendments in this ASU provide optional guidance for a limited period of time to ease the potential burden in accounting for (or recognizing the effects of) reference rate reform on financial reporting. The amendments in this ASU are elective and apply to all entities, subject to meeting certain criteria, that have contracts, hedging relationships, and other transactions that reference London Interbank Offering Rate (“LIBOR”) or another reference rate expected to be discontinued because of reference rate reform. The amendments in this ASU are effective for all entities as of March 12, 2020 through December 31, 2022. An entity may elect to apply the amendments for contract modifications by topic or industry subtopic as of any date from the beginning of an interim period that includes or is subsequent to March 12, 2020, or prospectively from a date within an interim period that includes or is subsequent to March 12, 2020, up to the date that the financial statements are available to be issued. The Company is currently evaluating the impact of this new standard on its Condensed Consolidated Financial Statements and related disclosures. In December 2019, the FASB issued ASU 2019-12, “Income Taxes (Topic 740)”: Simplifying the Accounting for Income Taxes, as part of its overall simplification initiative to reduce costs and complexity of applying accounting standards while maintaining or improving the usefulness of the information provided to users of financial statements. Amendments include removal of certain exceptions to the general principles of ASC 740, Income taxes, and simplification in several other areas. The amendments in this ASU are effective for fiscal years ending after December 15, 2020, for public business entities. Early adoption is permitted for all entities. The Company is currently evaluating the impact of this new standard on its Condensed Consolidated Financial Statements and related disclosures. In August 2018, the FASB issued ASU No. 2018-14, “Compensation - Retirement Benefits - Defined Benefit Plans - General (Subtopic 715-20)”, to improve the effectiveness of benefit plan disclosures in the notes to financial statements by facilitating clear communication of the information required by GAAP that is most important to users of each entity’s financial statements. The amendments in this ASU modify the disclosure requirements for employers that sponsor defined benefit pension or other postretirement plans. Additionally, the amendments in this ASU remove disclosures that no longer are considered cost beneficial, clarify the specific requirements of disclosures, and add disclosure requirements identified as relevant. The amendments in this ASU are effective for fiscal years ending after December 15, 2020, for public business entities and early adoption is permitted for all entities. The Company is currently evaluating the impact of this new standard on its Condensed Consolidated Financial Statements and related disclosures.

ACQUISITIONS (Tables)

ACQUISITIONS (Tables)	6 Months Ended
ACQUISITIONS (Tables)	Jun. 30, 2020
Business Combinations [Abstract]
Business Combination, Consideration Transferred, Working Capital Adjustments [Table Text Block]	The total purchase consideration and the fair values of the assets and liabilities at the acquisition date, which may be subject to adjustments as noted above, were as follows: (in millions) Purchase Price Gross purchase price $ 960.0 Working capital, including post close adjustments 216.1 Contingent consideration (a) 77.3 Total consideration $ 1,253.4
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed	The following table summarizes the preliminary amounts recognized for assets acquired and liabilities assumed as of the acquisition date: (in millions) Fair Value Allocation Inventories $ 224.1 Prepaid and other current assets 5.4 Property, plant and equipment 987.9 Operating lease right of use assets (a) 7.8 Financing lease right of use assets (a) 63.5 Deferred charges and other assets, net 63.7 Accrued expenses (1.4) Current operating lease liabilities (1.9) Current financing lease liabilities (b) (6.0) Long-term operating lease liabilities (5.9) Long-term financing lease liabilities (57.5) Other long-term liabilities - Environmental obligation (26.3) Fair value of net assets acquired $ 1,253.4 (a) Operating and Financing lease right of use assets are recorded in Lease right of use assets within the Condensed Consolidated Balance Sheet.
Business Acquisition, Pro Forma Information [Table Text Block]	Six Months Ended June 30, 2020 Six Months Ended June 30, 2019 (Unaudited, in millions) PBF Energy Pro-forma revenues $ 8,157.1 $ 13,861.4 Pro-forma net income (loss) attributable to PBF Energy Inc. stockholders (707.8) 160.3 PBF LLC Pro-forma revenues $ 8,157.1 $ 13,861.4 Pro-forma net income (loss) attributable to PBF LLC (957.6) 234.3

INVENTORIES (Tables)

INVENTORIES (Tables)	6 Months Ended
INVENTORIES (Tables)	Jun. 30, 2020
Inventory Disclosure [Abstract]
Schedule of Inventory	Inventories consisted of the following: June 30, 2020 (in millions) Titled Inventory Inventory Intermediation Agreements Total Crude oil and feedstocks $ 1,254.0 $ — $ 1,254.0 Refined products and blendstocks 1,056.3 277.2 1,333.5 Warehouse stock and other 135.7 — 135.7 $ 2,446.0 $ 277.2 $ 2,723.2 Lower of cost or market adjustment (965.7) (137.3) (1,103.0) Total inventories $ 1,480.3 $ 139.9 $ 1,620.2 December 31, 2019 (in millions) Titled Inventory Inventory Intermediation Agreements Total Crude oil and feedstocks $ 1,071.4 $ 2.7 $ 1,074.1 Refined products and blendstocks 976.0 352.9 1,328.9 Warehouse stock and other 120.8 — 120.8 $ 2,168.2 $ 355.6 $ 2,523.8 Lower of cost or market adjustment (324.8) (76.8) (401.6) Total inventories $ 1,843.4 $ 278.8 $ 2,122.2

ACCRUED EXPENSES (Tables)

ACCRUED EXPENSES (Tables)	6 Months Ended
ACCRUED EXPENSES (Tables)	Jun. 30, 2020
Schedule of accrued expenses	Accrued expenses consisted of the following: PBF Energy (in millions) June 30, 2020 December 31, 2019 Inventory-related accruals $ 536.4 $ 1,103.2 Inventory intermediation agreements 228.7 278.1 Renewable energy credit and emissions obligations 203.1 17.7 Excise and sales tax payable 121.4 98.6 Accrued transportation costs 80.8 88.7 Accrued refinery maintenance and support costs 48.0 16.9 Accrued interest 45.9 12.1 Accrued utilities 39.1 40.1 Accrued salaries and benefits 33.8 81.1 Environmental liabilities 13.7 12.8 Current finance lease liabilities 12.8 6.5 Contingent consideration 11.0 10.0 Accrued capital expenditures 10.6 32.2 Customer deposits 8.0 1.8 Other 51.4 15.8 Total accrued expenses $ 1,444.7 $ 1,815.6
PBF LLC [Member]
Schedule of accrued expenses	PBF LLC (in millions) June 30, 2020 December 31, 2019 Inventory-related accruals $ 536.4 $ 1,103.2 Inventory intermediation agreements 228.7 278.1 Renewable energy credit and emissions obligations 203.1 17.7 Excise and sales tax payable 121.4 98.6 Accrued transportation costs 80.8 88.7 Accrued interest 78.4 39.5 Accrued refinery maintenance and support costs 48.0 16.9 Accrued utilities 39.1 40.1 Accrued salaries and benefits 33.8 81.1 Environmental liabilities 13.7 12.8 Current finance lease liabilities 12.8 6.5 Contingent consideration 11.0 10.0 Accrued capital expenditures 10.6 32.2 Customer deposits 8.0 1.8 Other 55.5 19.0 Total accrued expenses $ 1,481.3 $ 1,846.2

LEASES (Tables)

LEASES (Tables)	6 Months Ended
LEASES (Tables)	Jun. 30, 2020
Leases [Abstract]
Assets and Liabilities, Lessee [Table Text Block]	The table below presents the lease related assets and liabilities recorded on the Company’s Condensed Consolidated Balance Sheets for the periods presented: (in millions) Classification on the Balance Sheet June 30, 2020 December 31, 2019 Assets Operating lease assets Lease right of use assets $ 407.7 $ 306.4 Finance lease assets Lease right of use assets 81.3 24.2 Total lease right of use assets $ 489.0 $ 330.6 Liabilities Current liabilities: Operating lease liabilities Current operating lease liabilities $ 148.6 $ 72.1 Finance lease liabilities Accrued expenses 12.8 6.5 Noncurrent liabilities: Operating lease liabilities Long-term operating lease liabilities 257.3 233.1 Finance lease liabilities Long-term financing lease liabilities 70.0 18.4 Total lease liabilities $ 488.7 $ 330.1
Lease, Cost [Table Text Block]	The table below provides certain information related to costs for the Company’s leases for the periods presented: Three Months Ended June 30, Six Months Ended June 30, Lease Costs (in millions) 2020 2019 2020 2019 Components of total lease costs: Finance lease cost Amortization of right of use assets $ 3.6 $ 0.4 $ 6.5 $ 0.4 Interest on lease liabilities 1.1 0.2 2.0 0.2 Operating lease cost 42.1 26.0 70.3 52.2 Short-term lease cost 26.6 25.1 48.6 48.4 Variable lease cost 3.0 2.1 6.9 3.5 Total lease costs $ 76.4 $ 53.8 $ 134.3 $ 104.7
Cash Flow, Lessee [Table Text Block]	The table below provides supplemental cash flow information related to leases for the periods presented (in millions): Six Months Ended June 30, 2020 2019 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows for operating leases $ 70.8 $ 52.0 Operating cash flows for finance leases 2.0 0.2 Financing cash flows for finance leases 5.7 0.2 Supplemental non-cash amounts of lease liabilities arising from obtaining right of use assets 224.3 46.2 Lease Term and Discount Rate The table below presents certain information related to the weighted average remaining lease term and weighted average discount rate for the Company’s leases as of June 30, 2020: Weighted average remaining lease term - operating leases 9.9 years Weighted average remaining lease term - finance leases 7.6 years Weighted average discount rate - operating leases 6.6 % Weighted average discount rate - finance leases 5.3 %
Lessee, Operating Lease, Liability, Maturity [Table Text Block]	The table below reconciles the fixed component of the undiscounted cash flows for each of the periods presented to the lease liabilities recorded on the Condensed Consolidated Balance Sheets as of June 30, 2020: Amounts due within twelve months of June, 30, (in millions) Finance Leases Operating Leases 2020 $ 16.8 $ 169.8 2021 13.9 82.5 2022 11.1 46.1 2023 11.1 32.0 2024 11.1 30.2 Thereafter 37.0 226.2 Total minimum lease payments 101.0 586.8 Less: effect of discounting 18.2 180.9 Present value of future minimum lease payments 82.8 405.9 Less: current obligations under leases 12.8 148.6 Long-term lease obligations $ 70.0 $ 257.3

EQUITY (Tables)

EQUITY (Tables)	6 Months Ended
EQUITY (Tables)	Jun. 30, 2020
Noncontrolling Interest [Line Items]
The ownership percentage in PBF LLC	The following tables summarize the changes in equity for the controlling and noncontrolling interests of PBF Energy for the six months ended June 30, 2020 and 2019, respectively: PBF Energy (in millions) PBF Energy Inc. Equity Noncontrolling Noncontrolling Noncontrolling Total Equity Balance at January 1, 2020 $ 3,039.6 $ 113.2 $ 10.9 $ 421.8 $ 3,585.5 Comprehensive income (loss) (679.3) (10.2) — 37.5 (652.0) Dividends and distributions (35.9) (0.4) — (27.0) (63.3) Stock-based compensation 13.5 — — 2.2 15.7 Exercise of PBF LLC and PBF Energy options and warrants, net 0.2 — — — 0.2 Taxes paid for net settlements of equity-based compensation (0.9) — — — (0.9) Exchanges of PBF Energy Company LLC Series A Units for PBF Energy Class A common stock 2.3 (2.3) — — — Other 5.3 — — (0.8) 4.5 Balance at June 30, 2020 $ 2,344.8 $ 100.3 $ 10.9 $ 433.7 $ 2,889.7 PBF Energy (in millions) PBF Energy Inc. Equity Noncontrolling Noncontrolling Noncontrolling Total Equity Balance at January 1, 2019 $ 2,676.5 $ 112.2 $ 10.9 $ 448.9 $ 3,248.5 Comprehensive income 197.6 2.8 0.1 20.0 220.5 Dividends and distributions (71.9) (2.3) — (30.0) (104.2) Issuance of additional PBFX common units 152.0 — — (19.5) 132.5 Stock-based compensation 13.9 — — 4.4 18.3 Exercise of PBF LLC and PBF Energy options and warrants, net 0.2 — — — 0.2 Other (0.9) — — (1.8) (2.7) Balance at June 30, 2019 $ 2,967.4 $ 112.7 $ 11.0 $ 422.0 $ 3,513.1
PBF LLC [Member]
Noncontrolling Interest [Line Items]
The ownership percentage in PBF LLC	The noncontrolling interest ownership percentages in PBF LLC as of June 30, 2020 and December 31, 2019 are calculated as follows: Holders of PBF LLC Series A Units Outstanding Shares of PBF Energy Class A Common Stock Total * December 31, 2019 1,215,317 119,804,971 121,020,288 1.0 % 99.0 % 100.0 % June 30, 2020 975,625 120,032,858 121,008,483 0.8 % 99.2 % 100.0 % —————————— * Assumes all of the holders of PBF LLC Series A Units exchange their PBF LLC Series A Units for shares of PBF Energy’s Class A common stock on a one-for-one basis. The following tables summarize the changes in equity for the controlling and noncontrolling interests of PBF LLC for the six months ended June 30, 2020 and 2019, respectively: PBF LLC (in millions) PBF Energy Company LLC Equity Noncontrolling Interest in PBF Holding Noncontrolling Total Equity Balance at January 1, 2020 $ 3,176.4 $ 10.9 $ 421.8 $ 3,609.1 Comprehensive income (loss) (925.2) — 37.5 (887.7) Dividends and distributions (36.3) — (27.0) (63.3) Exercise of PBF LLC options and warrants, net (0.9) — — (0.9) Stock-based compensation 13.5 — 2.2 15.7 Other — — (0.8) (0.8) Balance at June 30, 2020 $ 2,227.5 $ 10.9 $ 433.7 $ 2,672.1 PBF LLC (in millions) PBF Energy Company LLC Equity Noncontrolling Noncontrolling Total Equity Balance at January 1, 2019 $ 2,759.6 $ 10.9 $ 448.9 $ 3,219.4 Comprehensive income 272.1 0.1 20.0 292.2 Dividends and distributions (127.5) — (30.0) (157.5) Exercise of PBF LLC and PBF Energy options and warrants, net (0.7) — — (0.7) Issuance of additional PBFX common units 152.0 — (19.5) 132.5 Stock-based compensation 13.9 — 4.4 18.3 Other — — (1.8) (1.8) Balance at June 30, 2019 $ 3,069.4 $ 11.0 $ 422.0 $ 3,502.4
PBF Logistics LP [Member]
Noncontrolling Interest [Line Items]
The ownership percentage in PBF LLC	The noncontrolling interest ownership percentages in PBFX as of December 31, 2019 and June 30, 2020 are calculated as follows: Units of PBFX Held by the Public Units of PBFX Held by PBF LLC Total December 31, 2019 32,176,404 29,953,631 62,130,035 51.8 % 48.2 % 100.0 % June 30, 2020 32,395,961 29,953,631 62,349,592 52.0 % 48.0 % 100.0 %

EMPLOYEE BENEFIT PLANS (Tables)

EMPLOYEE BENEFIT PLANS (Tables)	6 Months Ended
EMPLOYEE BENEFIT PLANS (Tables)	Jun. 30, 2020
Defined Benefit Plan [Abstract]
Schedule of net periodic benefit cost	(in millions) Three Months Ended June 30, Six Months Ended June 30, Pension Benefits 2020 2019 2020 2019 Components of net periodic benefit cost: Service cost $ 15.1 $ 10.9 $ 28.9 $ 21.8 Interest cost 1.7 2.1 3.5 4.2 Expected return on plan assets (3.1) (2.4) (6.2) (4.8) Amortization of prior service cost and actuarial loss — — 0.1 0.1 Net periodic benefit cost $ 13.7 $ 10.6 $ 26.3 $ 21.3 (in millions) Three Months Ended June 30, Six Months Ended June 30, Post-Retirement Medical Plan 2020 2019 2020 2019 Components of net periodic benefit cost: Service cost $ 0.2 $ 0.3 $ 0.5 $ 0.5 Interest cost 0.1 0.1 0.2 0.3 Amortization of prior service cost and actuarial loss 0.2 0.2 0.3 0.3 Net periodic benefit cost $ 0.5 $ 0.6 $ 1.0 $ 1.1

REVENUES (Tables)

REVENUES (Tables)	6 Months Ended
REVENUES (Tables)	Jun. 30, 2020
REVENUE [Abstract]
Revenue from External Customers by Products and Services [Table Text Block]	The following table provides information relating to the Company’s revenues for each product or group of similar products or services by segment for the periods presented. Three Months Ended June 30, (in millions) 2020 2019 Refining Segment: Gasoline and distillates $ 2,035.9 $ 5,570.7 Feedstocks and other 215.3 203.9 Asphalt and blackoils 164.1 531.8 Chemicals 45.5 177.6 Lubricants 38.3 67.9 Total 2,499.1 6,551.9 Logistics Segment: Logistics 89.2 82.8 Total revenues prior to eliminations 2,588.3 6,634.7 Elimination of intercompany revenues (72.5) (74.7) Total Revenues $ 2,515.8 $ 6,560.0 Six Months Ended June 30, (in millions) 2020 2019 Refining Segment: Gasoline and distillates $ 6,606.3 $ 10,003.7 Feedstocks and other 526.6 404.6 Asphalt and blackoils 371.1 884.8 Chemicals 158.3 329.3 Lubricants 96.8 138.2 Total 7,759.1 11,760.6 Logistics Segment: Logistics 182.2 161.6 Total revenues prior to eliminations 7,941.3 11,922.2 Elimination of intercompany revenues (148.0) (146.0) Total Revenues $ 7,793.3 $ 11,776.2

INCOME TAXES (Tables)

INCOME TAXES (Tables)	6 Months Ended
INCOME TAXES (Tables)	Jun. 30, 2020
Summary of the income tax provision	The reported income tax provision in the PBF Energy Condensed Consolidated Statements of Operations consists of the following: Three Months Ended June 30, Six Months Ended June 30, (in millions) 2020 2019 2020 2019 Current income tax expense (benefit) $ 0.2 $ (0.2) $ 0.4 $ 1.8 Deferred income tax expense (benefit) 138.1 (10.3) (236.7) 68.2 Total income tax expense (benefit) $ 138.3 $ (10.5) $ (236.3) $ 70.0
Schedule of effective income tax rate reconciliation	The difference between PBF Energy’s effective income tax rate and the United States statutory rate is reconciled below: Three Months Ended June 30, Six Months Ended June 30, 2020 2019 2020 2019 Provision at Federal statutory rate 21.0 % 21.0 % 21.0 % 21.0 % Increase (decrease) attributable to flow-through of certain tax adjustments: State income taxes (net of federal income tax) 5.3 % 2.0 % 5.3 % 5.5 % Nondeductible/nontaxable items — % (3.4) % — % 0.7 % Rate differential from foreign jurisdictions (0.1) % 2.4 % (0.1) % (0.7) % Other — % 2.6 % (0.3) % (0.3) % Effective tax rate 26.2 % 24.6 % 25.9 % 26.2 %
PBF LLC [Member]
Summary of the income tax provision	The reported income tax provision in the PBF LLC Condensed Consolidated Statements of Operations consists of the following: Three Months Ended June 30, Six Months Ended June 30, (in millions) 2020 2019 2020 2019 Current income tax benefit $ — $ (0.1) $ — $ (0.1) Deferred income tax (benefit) expense (4.4) 1.9 9.8 (5.3) Total income tax (benefit) expense $ (4.4) $ 1.8 $ 9.8 $ (5.4)

FAIR VALUE MEASUREMENTS (Tables

FAIR VALUE MEASUREMENTS (Tables)	6 Months Ended
FAIR VALUE MEASUREMENTS (Tables)	Jun. 30, 2020
Fair Value Disclosures [Abstract]
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis	The tables below present information about the Company’s financial assets and liabilities measured and recorded at fair value on a recurring basis and indicate the fair value hierarchy of the inputs utilized to determine the fair values as of June 30, 2020 and December 31, 2019. The Company has elected to offset the fair value amounts recognized for multiple derivative contracts executed with the same counterparty; however, fair value amounts by hierarchy level are presented on a gross basis in the tables below. The Company has posted cash margin with various counterparties to support hedging and trading activities. The cash margin posted is required by counterparties as collateral deposits and cannot be offset against the fair value of open contracts except in the event of default. The Company has no derivative contracts that are subject to master netting arrangements that are reflected gross on the Condensed Consolidated Balance Sheets. As of June 30, 2020 Fair Value Hierarchy Total Gross Fair Value Effect of Counter-party Netting Net Carrying Value on Balance Sheet (in millions) Level 1 Level 2 Level 3 Assets: Money market funds $ 402.5 $ — $ — $ 402.5 N/A $ 402.5 Commodity contracts 0.1 7.0 1.3 8.4 (8.4) — Derivatives included with inventory intermediation agreement obligations — 24.4 — 24.4 — 24.4 Liabilities: Commodity contracts 0.5 13.6 0.3 14.4 (8.4) 6.0 Catalyst obligations — 32.1 — 32.1 — 32.1 Contingent consideration obligation — — 41.3 41.3 — 41.3 As of December 31, 2019 Fair Value Hierarchy Total Gross Fair Value Effect of Counter-party Netting Net Carrying Value on Balance Sheet (in millions) Level 1 Level 2 Level 3 Assets: Money market funds $ 111.8 $ — $ — $ 111.8 N/A $ 111.8 Commodity contracts 32.5 1.5 — 34.0 (33.8) 0.2 Liabilities: Commodity contracts 32.8 1.0 — 33.8 (33.8) — Catalyst obligations — 47.6 — 47.6 — 47.6 Derivatives included with inventory intermediation agreement obligations — 1.3 — 1.3 — 1.3
Schedule of Fair value of Debt	The table below summarizes the carrying value and fair value of debt as of June 30, 2020 and December 31, 2019. June 30, 2020 December 31, 2019 (in millions) Carrying value Fair value Carrying value Fair value 2025 Senior Secured Notes (a) $ 1,000.0 $ 1,074.3 $ — $ — 2028 Senior Notes (a) 1,000.0 835.0 — — 2025 Senior Notes (a) 725.0 661.8 725.0 776.5 2023 Senior Notes (b) — — 500.0 519.7 PBFX 2023 Senior Notes (a) 527.0 505.2 527.2 543.0 PBF Rail Term Loan (c) 11.0 11.0 14.5 14.5 PBFX Revolving Credit Facility (c) 248.0 248.0 283.0 283.0 Revolving Credit Facility (c) 600.0 600.0 — — Catalyst financing arrangements (d) 32.1 32.1 47.6 47.6 4,143.1 3,967.4 2,097.3 2,184.3 Less - Current debt — — — — Less - Unamortized deferred financing costs (50.3) n/a (32.4) n/a Long-term debt $ 4,092.8 $ 3,967.4 $ 2,064.9 $ 2,184.3 (a) The estimated fair value, categorized as a Level 2 measurement, was calculated based on the present value of future expected payments utilizing implied current market interest rates based on quoted prices of the outstanding senior notes. (b) As disclosed in “Note 7 - Debt”, the 2023 Senior Notes were redeemed in full on February 14, 2020. (c) The estimated fair value approximates carrying value, categorized as a Level 2 measurement, as these borrowings bear interest based upon short-term floating market interest rates.
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation	The table below summarizes the changes in fair value measurements categorized in Level 3 of the fair value hierarchy: Three Months Ended June 30, Six Months Ended June 30, (in millions) 2020 2020 Balance at beginning of period $ 51.3 $ 26.1 Additions — 77.3 Accretion on discounted liabilities 2.1 2.8 Settlements 0.4 0.4 Unrealized gain included in earnings (13.5) (66.3) Balance at end of period $ 40.3 $ 40.3

DERIVATIVES (Tables)

DERIVATIVES (Tables)	6 Months Ended
DERIVATIVES (Tables)	Jun. 30, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Fair Value of Derivative Instruments	The following tables provide information about the fair values of these derivative instruments as of June 30, 2020 and December 31, 2019 and the line items in the Condensed Consolidated Balance Sheets in which the fair values are reflected. Description Fair Value (in millions) Derivatives designated as hedging instruments: June 30, 2020: Derivatives included with the inventory intermediation agreement obligations Accrued expenses $ 24.4 December 31, 2019: Derivatives included with the inventory intermediation agreement obligations Accrued expenses $ (1.3) Derivatives not designated as hedging instruments: June 30, 2020: Commodity contracts Accrued expenses $ (6.0) December 31, 2019: Commodity contracts Accounts receivable $ 0.2
Schedule of Derivative Instruments, Gain (Loss) Recognized in Income	The following table provides information about the gains or losses recognized in income on these derivative instruments and the line items in the Condensed Consolidated Statements of Operations in which such gains and losses are reflected. Description Location of Gain or (Loss) Recognized in Income on Derivatives Gain or (Loss) Recognized in Income on Derivatives (in millions) Derivatives designated as hedging instruments: For the three months ended June 30, 2020: Derivatives included with the inventory intermediation agreement obligations Cost of products and other $ (42.2) For the three months ended June 30, 2019: Derivatives included with the inventory intermediation agreement obligations Cost of products and other $ (20.8) For the six months ended June 30, 2020: Derivatives included with the inventory intermediation agreement obligations Cost of products and other $ 25.7 For the six months ended June 30, 2019: Derivatives included with the inventory intermediation agreement obligations Cost of products and other $ (35.0) Derivatives not designated as hedging instruments: For the three months ended June 30, 2020: Commodity contracts Cost of products and other $ (13.2) For the three months ended June 30, 2019: Commodity contracts Cost of products and other $ 1.0 For the six months ended June 30, 2020: Commodity contracts Cost of products and other $ 65.0 For the six months ended June 30, 2019: Commodity contracts Cost of products and other $ 32.7 Hedged items designated in fair value hedges: For the three months ended June 30, 2020: Crude oil, intermediate and refined product inventory Cost of products and other $ 42.2 For the three months ended June 30, 2019: Crude oil, intermediate and refined product inventory Cost of products and other $ 20.8 For the six months ended June 30, 2020: Crude oil, intermediate and refined product inventory Cost of products and other $ (25.7) For the six months ended June 30, 2019: Crude oil, intermediate and refined product inventory Cost of products and other $ 35.0

SEGMENT INFORMATION (Tables)

SEGMENT INFORMATION (Tables)	6 Months Ended
SEGMENT INFORMATION (Tables)	Jun. 30, 2020
Segment Reporting [Abstract]
Schedule of segment reporting information	Disclosures regarding the Company’s reportable segments with reconciliations to consolidated totals for the three and six months ended June 30, 2020 and June 30, 2019 are presented below. In connection with certain contributions by PBF LLC to PBFX, the accompanying segment information is retrospectively adjusted to include the historical results of those assets in the Logistics segment for all periods presented prior to such contributions, as applicable. Three Months Ended June 30, 2020 PBF Energy - (in millions) Refining Logistics Corporate Eliminations Consolidated Total Revenues $ 2,499.1 $ 89.2 $ — $ (72.5) $ 2,515.8 Depreciation and amortization expense 111.1 11.2 2.8 — 125.1 Income (loss) from operations 614.6 50.1 (43.9) — 620.8 Interest expense, net 0.7 12.7 52.1 — 65.5 Capital expenditures 143.8 1.8 2.2 — 147.8 Three Months Ended June 30, 2019 Refining Logistics Corporate Eliminations Consolidated Total Revenues $ 6,551.9 $ 82.8 $ — $ (74.7) $ 6,560.0 Depreciation and amortization expense 95.3 8.9 2.9 — 107.1 Income (loss) from operations (1)(2) 23.7 37.8 (48.8) (3.2) 9.5 Interest expense, net 0.9 12.5 28.7 — 42.1 Capital expenditures 235.9 4.0 1.4 — 241.3 Six Months Ended June 30, 2020 Refining Logistics Corporate Eliminations Consolidated Total Revenues $ 7,759.1 $ 182.2 $ — $ (148.0) $ 7,793.3 Depreciation and amortization expense 216.5 22.5 5.7 — 244.7 Income (loss) from operations (771.8) 97.8 (72.0) — (746.0) Interest expense, net 1.5 25.5 87.7 — 114.7 Capital expenditures (3) 1,447.9 7.9 7.2 — 1,463.0 Six Months Ended June 30, 2019 Refining Logistics Corporate Eliminations Consolidated Total Revenues $ 11,760.6 $ 161.6 $ — $ (146.0) $ 11,776.2 Depreciation and amortization expense 189.6 17.6 5.7 — 212.9 Income (loss) from operations (1)(2) 413.2 72.0 (103.2) (7.9) 374.1 Interest expense, net 1.4 24.6 55.6 — 81.6 Capital expenditures 483.0 15.2 3.7 — 501.9 Balance at June 30, 2020 Refining Logistics Corporate Eliminations Consolidated Total Total assets $ 8,947.7 $ 950.5 $ 230.2 $ (55.1) $ 10,073.3 Balance at December 31, 2019 Refining Logistics Corporate Eliminations Consolidated Total Total assets $ 8,154.8 $ 973.0 $ 52.7 $ (48.1) $ 9,132.4 Three Months Ended June 30, 2020 PBF LLC - (in millions) Refining Logistics Corporate Eliminations Consolidated Total Revenues $ 2,499.1 $ 89.2 $ — $ (72.5) $ 2,515.8 Depreciation and amortization expense 111.1 11.2 2.8 — 125.1 Income (loss) from operations 614.6 50.1 (43.6) — 621.1 Interest expense, net 0.7 12.7 54.7 — 68.1 Capital expenditures 143.8 1.8 2.2 — 147.8 Three Months Ended June 30, 2019 Refining Logistics Corporate Eliminations Consolidated Total Revenues $ 6,551.9 $ 82.8 $ — $ (74.7) $ 6,560.0 Depreciation and amortization expense 95.3 8.9 2.9 — 107.1 Income (loss) from operations (1)(2) 23.7 37.8 (48.4) (3.2) 9.9 Interest expense, net 0.9 12.5 31.1 — 44.5 Capital expenditures 235.9 4.0 1.4 — 241.3 Six Months Ended June 30, 2020 Refining Logistics Corporate Eliminations Consolidated Total Revenues $ 7,759.1 $ 182.2 $ — $ (148.0) $ 7,793.3 Depreciation and amortization expense 216.5 22.5 5.7 — 244.7 Income (loss) from operations (771.8) 97.8 (71.7) — (745.7) Interest expense, net 1.5 25.5 92.8 — 119.8 Capital expenditures (3) 1,447.9 7.9 7.2 — 1,463.0 Six Months Ended June 30, 2019 Refining Logistics Corporate Eliminations Consolidated Total Revenues $ 11,760.6 $ 161.6 $ — $ (146.0) $ 11,776.2 Depreciation and amortization expense 189.6 17.6 5.7 — 212.9 Income (loss) from operations (1)(2) 413.2 72.0 (102.5) (7.9) 374.8 Interest expense, net 1.4 24.6 60.0 — 86.0 Capital expenditures 483.0 15.2 3.7 — 501.9 Balance at June 30, 2020 Refining Logistics Corporate Eliminations Consolidated Total Total assets $ 8,947.7 $ 950.5 $ 46.2 $ (55.1) $ 9,889.3 Balance at December 31, 2019 Refining Logistics Corporate Eliminations Consolidated Total Total assets $ 8,154.8 $ 973.0 $ 49.4 $ (48.1) $ 9,129.1 (1) On April 24, 2019, PBFX entered into a contribution agreement with PBF LLC (the “TVPC Contribution Agreement”), pursuant to which PBF LLC contributed to PBFX all of the issued and outstanding limited liability company interests of TVP Holding Company LLC (“TVP Holding”) for total consideration of $200.0 million (the “TVPC Acquisition”). Prior to the TVPC Acquisition, TVP Holding owned a 50% equity interest in Torrance Valley Pipeline Company LLC (“TVPC”). Subsequent to the closing of the TVPC Acquisition on May 31, 2019, PBFX owns 100% of the membership interests in TVPC. (2) Prior to the TVPC Contribution Agreement, the Logistics segment included 100% of the income from operations of TVPC, as TVPC was consolidated by PBFX. PBFX recorded net income attributable to noncontrolling interest for the 50% equity interest in TVPC held by PBF Holding. PBF Holding (included in the Refining segment) recorded equity income in investee related to its 50% noncontrolling ownership interest in TVPC. For purposes of the Company’s Condensed Consolidated Financial Statements, PBF Holding’s equity income in investee and PBFX’s net income attributable to noncontrolling interest eliminated in consolidation. (3) The Refining segment includes capital expenditures of $1,176.2 million for the acquisition of the Martinez refinery in the first quarter of 2020.

NET INCOME (LOSS) PER SHARE O_2

NET INCOME (LOSS) PER SHARE OF PBF ENERGY (Tables)	6 Months Ended
NET INCOME (LOSS) PER SHARE OF PBF ENERGY (Tables)	Jun. 30, 2020
Earnings Per Share [Abstract]
Computation of basic and diluted net income per common share	The following table sets forth the computation of basic and diluted net income (loss) per share of PBF Energy Class A common stock attributable to PBF Energy for the periods presented: (in millions, except share and per share amounts) Three Months Ended June 30, Six Months Ended June 30, Basic Earnings Per Share: 2020 2019 2020 2019 Allocation of earnings: Net income (loss) attributable to PBF Energy Inc. stockholders $ 389.1 $ (32.2) $ (676.8) $ 197.0 Less: Income allocated to participating securities — 0.1 0.1 0.2 Income (loss) available to PBF Energy Inc. stockholders - basic $ 389.1 $ (32.3) $ (676.9) $ 196.8 Denominator for basic net income (loss) per Class A common share - weighted average shares 120,010,882 119,181,845 119,499,392 119,885,386 Basic net income (loss) attributable to PBF Energy per Class A common share $ 3.24 $ (0.27) $ (5.66) $ 1.64 Diluted Earnings Per Share: Numerator: Income (loss) available to PBF Energy Inc. stockholders - basic $ 389.1 $ (32.3) $ (676.9) $ 196.8 Plus: Net income (loss) attributable to noncontrolling interest (1) 4.5 — (10.1) 2.7 Less: Income tax (expense) benefit on net income attributable to noncontrolling interest (1) (1.2) — 2.7 (0.7) Numerator for diluted net income (loss) per PBF Energy Class A common share - net income (loss) attributable to PBF Energy Inc. stockholders (1) $ 392.4 $ (32.3) $ (684.3) $ 198.8 Denominator: (1) Denominator for basic net income (loss) per PBF Energy Class A common share-weighted average shares 120,010,882 119,181,845 119,499,392 119,885,386 Effect of dilutive securities: (2) Conversion of PBF LLC Series A Units 1,017,620 — 1,113,209 1,206,325 Common stock equivalents 400,398 — — 928,733 Denominator for diluted net income (loss) per PBF Energy Class A common share-adjusted weighted average shares 121,428,900 119,181,845 120,612,601 122,020,444 Diluted net income (loss) attributable to PBF Energy Inc. stockholders per PBF Energy Class A common share $ 3.23 $ (0.27) $ (5.67) $ 1.63 ___________________________________________ (1) The diluted earnings per share calculation generally assumes the conversion of all outstanding PBF LLC Series A Units to PBF Energy Class A common stock. The net income (loss) attributable to PBF Energy used in the numerator of the diluted earnings per share calculation is adjusted to reflect the net income (loss), as well as the corresponding income tax expense (benefit) (based on a 26.3% estimated annualized statutory corporate tax rate for the three and six months ended June 30, 2020 and a 26.5% estimated annualized statutory corporate tax rate for the three and six months ended June 30, 2019), attributable to the converted units. During the three months ended June 30, 2019, the potential conversion of 1,206,325 PBF LLC Series A Units into PBF Energy Class A common stock were excluded from the denominator in computing diluted net income (loss) per share because including them would have had an anti-dilutive effect. As the potential conversion of the PBF LLC Series A Units and common stock equivalents were not included, the numerator used in the calculation of diluted net income (loss) per share was equal to the numerator used in the calculation of basic net income (loss) per share and does not include the net income (loss) and income tax attributable to the net income (loss) associated with the potential conversion of the PBF LLC Series A Units and common stock equivalents.

DESCRIPTION OF THE BUSINESS A_3

DESCRIPTION OF THE BUSINESS AND BASIS OF PRESENTATION (Details) $ in Millions	6 Months Ended
	Jun. 30, 2020USD ($)reportable_segmentshares	Dec. 31, 2019USD ($)shares
Description of Business [Line Items]
Lease right of use assets \| $	$ 407.7	$ 306.4
Operating Lease, Liability \| $	$ 405.9
Percentage of ownership in PBF LLC	100.00%	100.00%
Shares, outstanding (in shares)	121,008,483	121,020,288
Ownership percentage	100.00%	100.00%
Number of reportable segments \| reportable_segment	2
Series C Units [Member] \| PBF LLC [Member]
Description of Business [Line Items]
Shares, outstanding (in shares)	120,054,089
Class A Common Stock [Member] \| PBF Energy [Member]
Description of Business [Line Items]
Percentage of ownership in PBF LLC	99.20%	99.00%
Shares, outstanding (in shares)	120,032,858	119,804,971
Series A Units [Member] \| PBF LLC [Member]
Description of Business [Line Items]
Percentage of ownership in PBF LLC	0.80%	1.00%
Shares, outstanding (in shares)	975,625	1,215,317
Limited Partner [Member] \| PBF LLC [Member]
Description of Business [Line Items]
Ownership percentage	48.00%	48.20%

PBF LOGISTICS LP (Details)

PBF LOGISTICS LP (Details) - shares	Jun. 30, 2020	Dec. 31, 2019
Variable Interest Entity [Line Items]
Ownership percentage	100.00%	100.00%
Limited Partner [Member] \| Public Unit Holders [Member]
Variable Interest Entity [Line Items]
Ownership percentage	52.00%	51.80%
Limited Partner [Member] \| PBF LLC [Member]
Variable Interest Entity [Line Items]
Ownership percentage	48.00%	48.20%
Limited Partner [Member] \| Common Units [Member] \| PBF LLC [Member]
Variable Interest Entity [Line Items]
Partner capital units held (in shares)	29,953,631

ACQUISITIONS (Additional Inform

ACQUISITIONS (Additional Information) (Details) - USD ($) $ in Millions	Feb. 01, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Business Acquisition [Line Items]
Business Combination, Acquisition Related Costs		$ 3.2	$ 10.8	$ 3.3
Martinez Acquistion [Member]
Business Acquisition [Line Items]
Business Combination, Consideration Transferred	$ 1,253.4
Working capital, including post close adjustments	$ 216.1
Term of Agreement	4 years
Contingent consideration	$ 77.3

ACQUISITIONS (Purchase Price) (

ACQUISITIONS (Purchase Price) (Details) - USD ($) $ in Millions	Feb. 01, 2020	Jun. 30, 2020	Jun. 30, 2019
Business Acquisition [Line Items]
Gross purchase price		$ 1,176.2	$ 0
Martinez Acquistion [Member]
Business Acquisition [Line Items]
Gross purchase price	$ 960
Working capital, including post close adjustments	216.1
Contingent consideration	77.3
Total consideration	$ 1,253.4

ACQUISITIONS (Assets and Liabil

ACQUISITIONS (Assets and Liabilities Acquired) (Details) - Martinez Acquistion [Member] $ in Millions	Feb. 01, 2020USD ($)
Business Acquisition [Line Items]
Inventories	$ 224.1
Prepaid and other current assets	5.4
Property, plant and equipment	987.9
Operating lease right of use assets	7.8
Financing lease right of use assets	63.5
Deferred charges and other assets, net	63.7
Accrued expenses	(1.4)
Current operating lease liabilities	(1.9)
Current financing lease liabilities	(6)
Long-term operating lease liabilities	(5.9)
Long-term financing lease liabilities	(57.5)
Other long-term liabilities - Environmental obligation	(26.3)
Fair value of net assets acquired	$ 1,253.4

ACQUISITIONS (Pro Forma Informa

ACQUISITIONS (Pro Forma Information) (Details) - Martinez Acquistion [Member] - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Business Acquisition [Line Items]
Pro-forma revenues	$ 8,157.1	$ 13,861.4
Pro-forma net income (loss)	(707.8)	160.3
PBF LLC [Member]
Business Acquisition [Line Items]
Pro-forma revenues	8,157.1	13,861.4
Pro-forma net income (loss)	$ (957.6)	$ 234.3

CURRENT EXPECTED CREDIT LOSSES

CURRENT EXPECTED CREDIT LOSSES (Additional Information) (Details) - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
Credit Loss [Abstract]
Accounts Receivable, Allowance for Credit Loss	$ 0	$ 0

INVENTORIES (Details)

INVENTORIES (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
INVENTORIES (Details) - USD ($) $ in Millions	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019		Mar. 31, 2020	Dec. 31, 2019	Mar. 31, 2019	Dec. 31, 2018
Inventory [Line Items]
Crude oil and feedstocks	$ 1,254		$ 1,254				$ 1,074.1
Refined products and blendstocks	1,333.5		1,333.5				1,328.9
Warehouse stock and other	135.7		135.7				120.8
Inventory, Gross	2,723.2		2,723.2				2,523.8
Lower of cost or market adjustment	1,103		1,103				401.6
Inventories	1,620.2		1,620.2				2,122.2
Income (loss) from operations	620.8	$ 9.5	(746)	$ 374.1	[1]
Titled Inventory [Member]
Inventory [Line Items]
Crude oil and feedstocks	1,254		1,254				1,071.4
Refined products and blendstocks	1,056.3		1,056.3				976
Warehouse stock and other	135.7		135.7				120.8
Inventory, Gross	2,446		2,446				2,168.2
Lower of cost or market adjustment	965.7		965.7				324.8
Inventories	1,480.3		1,480.3				1,843.4
Inventory Supply and Offtake Arrangements [Member]
Inventory [Line Items]
Crude oil and feedstocks	0		0				2.7
Refined products and blendstocks	277.2		277.2				352.9
Warehouse stock and other	0		0				0
Inventory, Gross	277.2		277.2				355.6
Lower of cost or market adjustment	137.3		137.3				76.8
Inventories	139.9		139.9				278.8
Scenario, Adjustment [Member]
Inventory [Line Items]
Lower of cost or market adjustment	1,103	327.8	1,103	327.8		$ 1,687.2	$ 401.6	$ 145.8	$ 651.8
Income (loss) from operations	$ 584.2	$ 182	$ (701.4)	$ 324

[1]	(2) Prior to the TVPC Contribution Agreement, the Logistics segment included 100% of the income from operations of TVPC, as TVPC was consolidated by PBFX. PBFX recorded net income attributable to noncontrolling interest for the 50% equity interest in TVPC held by PBF Holding. PBF Holding (included in the Refining segment) recorded equity income in investee related to its 50% noncontrolling ownership interest in TVPC. For purposes of the Company’s Condensed Consolidated Financial Statements, PBF Holding’s equity income in investee and PBFX’s net income attributable to noncontrolling interest eliminated in consolidation.

ACCRUED EXPENSES (Details)

ACCRUED EXPENSES (Details) - USD ($) $ in Millions	3 Months Ended
ACCRUED EXPENSES (Details) - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
Accrued Expenses:
Inventory-related accruals	$ 536.4	$ 1,103.2
Inventory intermediation agreements	228.7	278.1
Renewable energy credit and emissions obligations	203.1	17.7
Excise and sales tax payable	121.4	98.6
Accrued transportation costs	80.8	88.7
Accrued refinery maintenance and support costs	48	16.9
Accrued interest	45.9	12.1
Accrued utilities	39.1	40.1
Accrued salaries and benefits	33.8	81.1
Environmental liabilities	13.7	12.8
Current finance lease liabilities	12.8	6.5
Contingent consideration	11	10
Accrued capital expenditures	10.6	32.2
Customer deposits	8	1.8
Other	51.4	15.8
Total accrued expenses	1,444.7	1,815.6
Severance Costs	12.9
PBF LLC [Member]
Accrued Expenses:
Inventory-related accruals	536.4	1,103.2
Inventory intermediation agreements	228.7	278.1
Renewable energy credit and emissions obligations	203.1	17.7
Excise and sales tax payable	121.4	98.6
Accrued transportation costs	80.8	88.7
Accrued refinery maintenance and support costs	48	16.9
Accrued interest	78.4	39.5
Accrued utilities	39.1	40.1
Accrued salaries and benefits	33.8	81.1
Environmental liabilities	13.7	12.8
Current finance lease liabilities	12.8	6.5
Contingent consideration	11	10
Accrued capital expenditures	10.6	32.2
Customer deposits	8	1.8
Other	55.5	19
Total accrued expenses	$ 1,481.3	$ 1,846.2

DEBT (Additional Infromation) (

DEBT (Additional Infromation) (Details) - USD ($)		May 13, 2020	Jan. 24, 2020	Jun. 30, 2020	May 07, 2020	May 06, 2020	Feb. 18, 2020	Dec. 31, 2019
Uncommitted Receivables Purchase Facility, Maximum Borrowing							$ 300,000,000
2028 Senior Notes
Long-term Debt	[1]			$ 1,000,000,000				$ 0
Debt Instrument, Redemption Price, Percentage of Principal Amount Redeemed			35.00%
Debt Instrument, Redemption Price, Percentage			106.00%
Line of Credit [Member] \| Revolving Credit Facility [Member]
Line of Credit Facility, Maximum Borrowing Capacity				3,400,000,000
Line Of Credit Facility, Accordion Feature, Increase Limit				3,500,000,000
Long-term line of credit	[2]			600,000,000				0
Ability to incur certain secured debt, percentage of total assets					20.00%	10.00%
2025 Senior Secured Notes [Member]
Long-term Debt	[1]			$ 1,000,000,000				$ 0
Debt Instrument, Redemption Price, Percentage of Principal Amount Redeemed		35.00%
Debt Instrument, Redemption Price, Percentage		109.25%
2025 Senior Secured Notes [Member] \| Regulatory Debt Facility [Member]
Debt Instrument, Redemption Price, Percentage of Principal Amount Redeemed		35.00%
Debt Instrument, Redemption Price, Percentage		104.625%
Debt Instrument Redemption Price, Percentage of Principal Amount Remaining		65.00%
2028 Senior Notes
Long-term Debt			$ 1,000,000,000
Interest rate			6.00%
Proceeds from Debt, Net of Issuance Costs			$ 987,000,000
2023 Senior Notes [Member]
Interest rate			7.00%
2025 Senior Notes [Member]
Interest rate			7.25%
2025 Senior Secured Notes [Member]
Long-term Debt		$ 1,000,000,000
Interest rate		9.25%
Proceeds from Debt, Net of Issuance Costs		$ 984,800,000

[1]	The estimated fair value, categorized as a Level 2 measurement, was calculated based on the present value of future expected payments utilizing implied current market interest rates based on quoted prices of the outstanding senior notes.(b) As disclosed in “Note 7 - Debt”, the 2023 Senior Notes were redeemed in full on February 14, 2020.
[2]	The estimated fair value approximates carrying value, categorized as a Level 2 measurement, as these borrowings bear interest based upon short-term floating market interest rates.

AFFILIATE NOTE PAYABLE - PBF _2

AFFILIATE NOTE PAYABLE - PBF LLC (Additional Information) (Details) - PBF LLC [Member] - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
Debt Instrument [Line Items]
Affiliate note payable	$ 377	$ 376.4
Notes Payable, Other Payables [Member]
Debt Instrument [Line Items]
Interest rate	2.50%

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Additional Information) (Details) $ in Millions	Feb. 01, 2020	Oct. 01, 2018	Jun. 30, 2020USD ($)	Dec. 31, 2019USD ($)
Loss Contingencies [Line Items]
Environmental liability			$ 158.9	$ 134.6
Percent of tax benefit received from increases in tax basis paid to stockholders			85.00%
Percentage of ownership in PBF LLC			100.00%	100.00%
Recognized liability for the tax receivable agreement			$ 385.1	$ 373.5
Martinez Acquistion [Member]
Loss Contingencies [Line Items]
Business Combination, Contingent Consideration, Liability			$ 13.4
Contingent Consideration, Discount Rate			0.136
Contingent Consideration, Undiscounted Liabiltiy			$ 19.9
Term of Agreement	4 years
East Coast Storage Assets Acquisition [Member]
Loss Contingencies [Line Items]
Business Combination, Contingent Consideration, Liability			$ 27.9	$ 26.1
Contingent Consideration, Discount Rate			0.0879	0.0879
Contingent Consideration, Undiscounted Liabiltiy			$ 31.3
Term of Agreement		3 years
PBF Energy [Member] \| Class A Common Stock [Member]
Loss Contingencies [Line Items]
Percentage of ownership in PBF LLC			99.20%	99.00%
Environmental Issue [Member] \| Torrance Refinery [Member]
Loss Contingencies [Line Items]
Environmental liability			$ 118	$ 121.3
Other Noncurrent Liabilities [Member]
Loss Contingencies [Line Items]
Environmental liability			$ 145.2	$ 121.8

Leases - Narrative (Details)

Leases - Narrative (Details) $ in Millions	Apr. 17, 2020USD ($)hydrogenPlants	Jun. 30, 2020USD ($)	Jun. 30, 2019USD ($)
Lessee, Lease, Description [Line Items]
Number of Hydrogen Plants Sold \| hydrogenPlants	5
Sale Leaseback Transaction, Gross Proceeds, Investing Activities	$ 530
(Gain) loss on sale of assets		$ 471.1	$ (0.8)
Transition Service Agreement [Member] \| Air Products and Chemical, Inc. [Member]
Lessee, Lease, Description [Line Items]
Supply Commitment, Period	18 months
PBF LLC [Member]
Lessee, Lease, Description [Line Items]
(Gain) loss on sale of assets		$ 471.1	$ (0.8)
Minimum [Member]
Lessee, Lease, Description [Line Items]
Lessee, Operating Lease, Term of Contract		1 year
Maximum [Member]
Lessee, Lease, Description [Line Items]
Lessee, Operating Lease, Term of Contract		20 years
Hydrogen Supply [Member]
Lessee, Lease, Description [Line Items]
Lessee, Leases Not Yet Commenced, Liability		$ 212.6
Hydrogen Supply - Second Quarter 2020 [Member]
Lessee, Lease, Description [Line Items]
Lessee, Lease Not Yet Commenced, Term Of Contract		15 years

Leases - Lease Assets and Liabi

Leases - Lease Assets and Liabilities (Details) - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
Leases [Abstract]
Lease right of use assets	$ 407.7	$ 306.4
Financing lease right of use assets	81.3	24.2
Lease, Right of Use Asset	489	330.6
Current operating lease liabilities	148.6	72.1
Less: current obligations under leases	12.8	6.5
Long-term operating lease liabilities	257.3	233.1
Long-term lease obligations	70	18.4
Total lease liabilities	$ 488.7	$ 330.1

Leases - Lease Cost (Details)

Leases - Lease Cost (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
Leases - Lease Cost (Details) - USD ($) $ in Millions	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Leases - Lease Assets and Liabilities [Abstract]
Finance Lease, Right-of-Use Asset, Amortization	$ 3.6	$ 0.4	$ 6.5	$ 0.4
Finance Lease, Interest Expense	1.1	0.2	2	0.2
Operating lease cost	42.1	26	70.3	52.2
Short-term lease cost	26.6	25.1	48.6	48.4
Variable lease cost	3	2.1	6.9	3.5
Total lease costs	$ 76.4	$ 53.8	$ 134.3	$ 104.7

Leases - Supplemental Cash Flow

Leases - Supplemental Cash Flow and Other Information (Details) - USD ($) $ in Millions	3 Months Ended	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2020	Jun. 30, 2019
Operating cash flows for operating leases	$ 70.8		$ 52
Finance Lease, Interest Payment on Liability		$ 2	0.2
Finance Lease, Principal Payments		5.7	0.2
Supplemental non-cash amounts of lease liabilities arising from obtaining right of use assets		$ 224.3	296.2
Weighted average remaining lease term - operating leases	9 years 10 months 24 days	9 years 10 months 24 days
Finance Lease, Weighted Average Remaining Lease Term	7 years 7 months 6 days	7 years 7 months 6 days
Weighted average discount rate - operating leases	6.60%	6.60%
Finance Lease, Weighted Average Discount Rate, Percent	5.30%	5.30%
Adjustments for New Accounting Pronouncement [Member]
Supplemental non-cash amounts of lease liabilities arising from obtaining right of use assets	$ 224.3		$ 46.2

Leases - Maturity of Lease Liab

Leases - Maturity of Lease Liabilities (Details) - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
Finance Leases
2020	$ 16.8
2021	13.9
2022	11.1
2023	11.1
2024	11.1
Thereafter	37
Total minimum lease payments	101
Less: effect of discounting	18.2
Present value of future minimum lease payments	82.8
Less: current obligations under leases	12.8	$ 6.5
Long-term lease obligations	70	18.4
Operating Leases
2020	169.8
2021	82.5
2022	46.1
2023	32
2024	30.2
Thereafter	226.2
Total minimum lease payments	586.8
Less: effect of discounting	180.9
Present value of future minimum lease payments	405.9
Less: current obligations under leases	148.6	72.1
Long-term lease obligations	$ 257.3	$ 233.1

EQUITY (Ownership Percentage) (

EQUITY (Ownership Percentage) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019	Jun. 01, 2017
Noncontrolling Interest [Line Items]
Shares, outstanding (in shares)	121,008,483		121,008,483		121,020,288
Percentage of ownership in PBF LLC	100.00%		100.00%		100.00%
Ownership percentage	100.00%		100.00%		100.00%
Less: net income attributable to noncontrolling interests	$ 23.9	$ 10.6	$ 27.3	$ 22.8
Common Units [Member]
Noncontrolling Interest [Line Items]
Shares sold in public offering (in shares)	62,349,592		62,349,592		62,130,035
PBF Energy [Member] \| Class A Common Stock [Member]
Noncontrolling Interest [Line Items]
Shares, outstanding (in shares)	120,032,858		120,032,858		119,804,971
Percentage of ownership in PBF LLC	99.20%		99.20%		99.00%
Public Unit Holders [Member] \| Common Units [Member]
Noncontrolling Interest [Line Items]
Shares sold in public offering (in shares)	32,395,961		32,395,961		32,176,404
PBF LLC [Member]
Noncontrolling Interest [Line Items]
Less: net income attributable to noncontrolling interests	$ 19.5	$ 11.1	$ 37.5	20.1
PBF LLC [Member] \| Common Units [Member]
Noncontrolling Interest [Line Items]
Shares sold in public offering (in shares)	29,953,631		29,953,631		29,953,631
PBF LLC [Member] \| Series A Units [Member]
Noncontrolling Interest [Line Items]
Shares, outstanding (in shares)	975,625		975,625		1,215,317
Percentage of ownership in PBF LLC	0.80%		0.80%		1.00%
PBF Logistics LP [Member]
Noncontrolling Interest [Line Items]
Partners' Capital Account, Units, Conversion Ratio To Common Units (in shares)						1
Collins Pipeline Company And T&M Terminal Company [Member]
Noncontrolling Interest [Line Items]
Less: net income attributable to noncontrolling interests			$ 0.1	$ 0.1
Limited Partner [Member] \| Public Unit Holders [Member]
Noncontrolling Interest [Line Items]
Ownership percentage	52.00%		52.00%		51.80%
Limited Partner [Member] \| PBF LLC [Member]
Noncontrolling Interest [Line Items]
Ownership percentage	48.00%		48.00%		48.20%

EQUITY (Allocation of Equity) (

EQUITY (Allocation of Equity) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward]
Balance, beginning of period	$ 2,479.5	$ 3,446.8	$ 3,585.5	$ 3,248.5
Comprehensive income	389.4	(31.9)	(679.3)	197.6
Less: comprehensive income attributable to noncontrolling interests	23.9	10.8	27.3	22.9
Comprehensive Income	413.3	(21.1)	(652)	220.5
Dividends and distributions			63.3	104.2
Equity-based compensation awards			15.7	18.3
Exercise of PBF LLC and PBF Energy options and warrants, net			0.2	0.2
Other	(0.8)	(1.8)	4.5	(1.8)
Balance, end of period	2,889.7	3,513.1	2,889.7	3,513.1
PBF Energy [Member]
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward]
Balance, beginning of period			3,039.6	2,676.5
Comprehensive income			(679.3)	197.6
Dividends and distributions			35.9	71.9
Equity-based compensation awards			13.5	13.9
Exercise of PBF LLC and PBF Energy options and warrants, net			0.2	0.2
Balance, end of period	2,344.8	2,967.4	2,344.8	2,967.4
Noncontrolling Interest - PBF LLC [Member]
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward]
Balance, beginning of period			113.2	112.2
Less: comprehensive income attributable to noncontrolling interests			(10.2)	2.8
Dividends and distributions			0.4	2.3
Equity-based compensation awards			0	0
Exercise of PBF LLC and PBF Energy options and warrants, net			0	0
Balance, end of period	100.3	112.7	100.3	112.7
Noncontrolling Interest - PBF Holding [Member]
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward]
Balance, beginning of period			10.9	10.9
Less: comprehensive income attributable to noncontrolling interests			0	0.1
Dividends and distributions			0	0
Equity-based compensation awards			0	0
Exercise of PBF LLC and PBF Energy options and warrants, net			0	0
Balance, end of period	10.9	11	10.9	11
Noncontrolling Interest - PBF Logistics LP [Member]
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward]
Balance, beginning of period			421.8	448.9
Less: comprehensive income attributable to noncontrolling interests			37.5	20
Dividends and distributions			27	30
Equity-based compensation awards			2.2	4.4
Exercise of PBF LLC and PBF Energy options and warrants, net			0	0
Balance, end of period	$ 433.7	$ 422	$ 433.7	$ 422

EQUITY (Noncontrolling Interest

EQUITY (Noncontrolling Interest) (Details) $ in Thousands	3 Months Ended		6 Months Ended
EQUITY (Noncontrolling Interest) (Details) $ in Thousands	Jun. 30, 2020USD ($)	Jun. 30, 2019USD ($)	Jun. 30, 2020USD ($)subsidiary	Jun. 30, 2019USD ($)	Mar. 31, 2020USD ($)	Dec. 31, 2019USD ($)	Mar. 31, 2019USD ($)	Dec. 31, 2018USD ($)	Nov. 01, 2015
Noncontrolling Interest [Line Items]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	$ 2,889,700	$ 3,513,100	$ 2,889,700	$ 3,513,100	$ 2,479,500	$ 3,585,500	$ 3,446,800	$ 3,248,500
Ownership percentage	100.00%		100.00%			100.00%
Less: net income attributable to noncontrolling interests	$ 23,900	10,600	$ 27,300	22,800
Comprehensive income	389,400	(31,900)	(679,300)	197,600
Less: comprehensive income attributable to noncontrolling interests	23,900	10,800	27,300	22,900
Comprehensive Income	413,300	(21,100)	(652,000)	220,500
Dividends and Distributions			63,300	104,200
Noncontrolling Interest, Decrease from Redemptions or Purchase of Interests				132,500
Adjustments to Additional Paid in Capital, Share-based Compensation and Exercise of Stock Options			15,700	18,300
Stock Issued During Period, Value, Stock Options Exercised			200	200
Adjustment to Additional Paid in Capital, Income Tax Effect from Share-based Compensation, Net			(900)	(1,000)
Noncontrolling Interest, Other			(4,500)	2,700
Stockholders' Equity, Other	800	1,800	(4,500)	1,800
Stock Redeemed or Called During Period, Value	0	0	0	0
Stock Issued During Period, Value, Conversion of Convertible Securities	0	(100)	0	(100)
PBF LLC [Member]
Noncontrolling Interest [Line Items]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	2,672,100	3,502,400	2,672,100	3,502,400	2,121,500	$ 3,609,100	3,503,700	3,219,400
Less: net income attributable to noncontrolling interests	19,500	11,100	37,500	20,100
Comprehensive income	534,200	(46,500)	(925,200)	272,100
Comprehensive Income	553,700	(35,400)	(887,700)	292,200
Dividends and Distributions			63,300	157,500
Noncontrolling Interest, Decrease from Redemptions or Purchase of Interests		132,500		132,500
Adjustments to Additional Paid in Capital, Share-based Compensation and Exercise of Stock Options			15,700	18,300
Stock Issued During Period, Value, Stock Options Exercised			(900)	(700)
Noncontrolling Interest, Other			800	(1,800)
Stockholders' Equity, Other	(800)	(1,800)	(800)	(1,800)
Stock Redeemed or Called During Period, Value	0	0	0	0
Stock Issued During Period, Value, Conversion of Convertible Securities	0	0	$ 0	0
Chalmette Refining [Member]
Noncontrolling Interest [Line Items]
Number Of Subsidiaries \| subsidiary			2
Chalmette Refining [Member] \| Collins Pipeline Company [Member]
Noncontrolling Interest [Line Items]
Noncontrolling interest, ownership percentage									80.00%
Chalmette Refining [Member] \| T&M Terminal Company [Member]
Noncontrolling Interest [Line Items]
Noncontrolling interest, ownership percentage									80.00%
Collins Pipeline Company And T&M Terminal Company [Member]
Noncontrolling Interest [Line Items]
Less: net income attributable to noncontrolling interests			$ 100	100
PBF Energy [Member]
Noncontrolling Interest [Line Items]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	2,344,800	2,967,400	2,344,800	2,967,400		3,039,600		2,676,500
Comprehensive income			(679,300)	197,600
Dividends and Distributions			35,900	71,900
Noncontrolling Interest, Decrease from Redemptions or Purchase of Interests				152,000
Adjustments to Additional Paid in Capital, Share-based Compensation and Exercise of Stock Options			13,500	13,900
Stock Issued During Period, Value, Stock Options Exercised			200	200
Adjustment to Additional Paid in Capital, Income Tax Effect from Share-based Compensation, Net			(900)
Noncontrolling Interest, Other			(5,300)	900
Stock Issued During Period, Value, Conversion of Convertible Securities			(2,300)
PBF Energy [Member] \| PBF LLC [Member]
Noncontrolling Interest [Line Items]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	2,227,500	3,069,400	2,227,500	3,069,400		3,176,400		2,759,600
Comprehensive income			(925,200)	272,100
Dividends and Distributions			36,300	127,500
Noncontrolling Interest, Decrease from Redemptions or Purchase of Interests				152,000
Adjustments to Additional Paid in Capital, Share-based Compensation and Exercise of Stock Options			13,500	13,900
Stock Issued During Period, Value, Stock Options Exercised			(900)	(700)
Noncontrolling Interest, Other			0	0
Noncontrolling Interest - PBF Logistics LP [Member]
Noncontrolling Interest [Line Items]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	433,700	422,000	433,700	422,000		421,800		448,900
Less: comprehensive income attributable to noncontrolling interests			37,500	20,000
Dividends and Distributions			27,000	30,000
Noncontrolling Interest, Decrease from Redemptions or Purchase of Interests				(19,500)
Adjustments to Additional Paid in Capital, Share-based Compensation and Exercise of Stock Options			2,200	4,400
Stock Issued During Period, Value, Stock Options Exercised			0	0
Adjustment to Additional Paid in Capital, Income Tax Effect from Share-based Compensation, Net			0
Noncontrolling Interest, Other			800	1,800
Stock Issued During Period, Value, Conversion of Convertible Securities			0
Noncontrolling Interest - PBF Logistics LP [Member] \| PBF LLC [Member]
Noncontrolling Interest [Line Items]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	10,900	11,000	10,900	11,000		10,900		10,900
Less: comprehensive income attributable to noncontrolling interests			0	100
Dividends and Distributions			0	0
Noncontrolling Interest, Decrease from Redemptions or Purchase of Interests				0
Adjustments to Additional Paid in Capital, Share-based Compensation and Exercise of Stock Options			0	0
Stock Issued During Period, Value, Stock Options Exercised			0	0
Noncontrolling Interest, Other				0
Stockholders' Equity, Other			0
Noncontrolling Interest - PBF LLC [Member]
Noncontrolling Interest [Line Items]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	100,300	112,700	100,300	112,700		113,200		112,200
Less: comprehensive income attributable to noncontrolling interests			(10,200)	2,800
Dividends and Distributions			400	2,300
Noncontrolling Interest, Decrease from Redemptions or Purchase of Interests				0
Adjustments to Additional Paid in Capital, Share-based Compensation and Exercise of Stock Options			0	0
Stock Issued During Period, Value, Stock Options Exercised			0	0
Adjustment to Additional Paid in Capital, Income Tax Effect from Share-based Compensation, Net			0
Noncontrolling Interest, Other			0	0
Stock Issued During Period, Value, Conversion of Convertible Securities			2,300
Noncontrolling Interest - PBF LLC [Member] \| PBF LLC [Member]
Noncontrolling Interest [Line Items]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	433,700	422,000	433,700	422,000		421,800		448,900
Less: comprehensive income attributable to noncontrolling interests			37,500	20,000
Dividends and Distributions			27,000	30,000
Noncontrolling Interest, Decrease from Redemptions or Purchase of Interests				(19,500)
Adjustments to Additional Paid in Capital, Share-based Compensation and Exercise of Stock Options			2,200	4,400
Stock Issued During Period, Value, Stock Options Exercised			0	0
Noncontrolling Interest, Other				(1,800)
Stockholders' Equity, Other			800
Noncontrolling Interest - PBF Holding [Member]
Noncontrolling Interest [Line Items]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	10,900	11,000	10,900	11,000		10,900		10,900
Less: comprehensive income attributable to noncontrolling interests			0	100
Dividends and Distributions			0	0
Noncontrolling Interest, Decrease from Redemptions or Purchase of Interests				0
Adjustments to Additional Paid in Capital, Share-based Compensation and Exercise of Stock Options			0	0
Stock Issued During Period, Value, Stock Options Exercised			0	0
Adjustment to Additional Paid in Capital, Income Tax Effect from Share-based Compensation, Net			0
Noncontrolling Interest, Other			0	0
Stock Issued During Period, Value, Conversion of Convertible Securities			0
Series C Units [Member] \| Common Stock [Member] \| PBF LLC [Member]
Noncontrolling Interest [Line Items]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	2,204,400	2,176,400	2,204,400	2,176,400	$ 2,197,300	$ 2,189,400	$ 2,098,500	$ 2,009,800
Noncontrolling Interest, Decrease from Redemptions or Purchase of Interests		69,600		152,000
Stock Redeemed or Called During Period, Value		400		1,400
Stock Issued During Period, Value, Conversion of Convertible Securities	$ 400	$ 100	$ 2,300	$ 100

EQUITY Schedule of stock by cla

EQUITY Schedule of stock by class (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Class of Stock [Line Items]
Stock Issued During Period, Value, Stock Options Exercised			$ (0.2)	$ (0.2)
Stock Redeemed or Called During Period, Value	$ 0	$ 0	$ 0	0
Class A Common Stock [Member]
Class of Stock [Line Items]
Balance, beginning of period, shares			119,804,971
Balance, end of period, shares	120,032,858		120,032,858
PBF Energy [Member]
Class of Stock [Line Items]
Stock Issued During Period, Value, Stock Options Exercised			$ (0.2)	$ (0.2)
Common Stock [Member] \| Class A Common Stock [Member]
Class of Stock [Line Items]
Balance, beginning of period, shares	119,986,604	119,848,135	119,804,971	119,874,191
Stock-based compensation (in shares)	0	45,635	1,861	44,225
Stock Issued During Period, Shares, Conversion of Convertible Securities	46,392	10,000	249,669	10,000
Balance, end of period, shares	120,032,858	119,894,441	120,032,858	119,894,441
Treasury Stock [Member]
Class of Stock [Line Items]
Balance, beginning of period, shares	6,455,792	6,303,932	6,424,787	6,274,261
Stock Redeemed or Called During Period, Value		$ 0.4		$ 1.4
Balance, end of period, shares	6,455,930	6,315,761	6,455,930	6,315,761
Noncontrolling Interest - PBF Logistics LP [Member]
Class of Stock [Line Items]
Stock Issued During Period, Value, Stock Options Exercised			$ 0	$ 0
Noncontrolling Interest - PBF LLC [Member]
Class of Stock [Line Items]
Stock Issued During Period, Value, Stock Options Exercised			0	0
PBF LLC [Member]
Class of Stock [Line Items]
Stock Issued During Period, Value, Stock Options Exercised			0.9	0.7
Stock Redeemed or Called During Period, Value	$ 0	$ 0	$ 0	0
PBF LLC [Member] \| Series A Units [Member]
Class of Stock [Line Items]
Units Outstanding (in shares)			1,215,317
Units Outstanding (in shares)	975,625		975,625
PBF LLC [Member] \| Series C Units [Member]
Class of Stock [Line Items]
Units Outstanding (in shares)			119,826,202
Units Outstanding (in shares)	120,054,089		120,054,089
PBF LLC [Member] \| PBF Energy [Member]
Class of Stock [Line Items]
Stock Issued During Period, Value, Stock Options Exercised			$ 0.9	$ 0.7
PBF LLC [Member] \| Common Stock [Member] \| Series A Units [Member]
Class of Stock [Line Items]
Balance, beginning of period, shares	1,019,916	1,206,325	1,215,317	1,206,325
Stock Issued During Period, Shares, Conversion of Convertible Securities	(46,392)	(10,000)	(249,669)	(10,000)
Balance, end of period, shares	975,625	1,206,325	975,625	1,206,325
PBF LLC [Member] \| Common Stock [Member] \| Series C Units [Member]
Class of Stock [Line Items]
Balance, beginning of period, shares	120,007,835	119,869,366	119,826,202	119,895,422
Stock Redeemed or Called During Period, Value		$ (0.4)		$ (1.4)
Stock-based compensation (in shares)	0	45,635	1,861	44,225
Stock Issued During Period, Shares, Conversion of Convertible Securities	46,392	10,000	249,669	10,000
Balance, end of period, shares	120,054,089	119,915,672	120,054,089	119,915,672
PBF LLC [Member] \| Treasury Stock [Member]
Class of Stock [Line Items]
Stock Redeemed or Called During Period, Value		$ 0.4		$ 1.4
PBF LLC [Member] \| Noncontrolling Interest - PBF Logistics LP [Member]
Class of Stock [Line Items]
Stock Issued During Period, Value, Stock Options Exercised			$ 0	0
PBF LLC [Member] \| Noncontrolling Interest - PBF LLC [Member]
Class of Stock [Line Items]
Stock Issued During Period, Value, Stock Options Exercised			$ 0	$ 0

DIVIDENDS AND DISTRIBUTIONS (Ad

DIVIDENDS AND DISTRIBUTIONS (Additional Information) (Details) - USD ($) $ / shares in Units, $ in Millions	Jun. 17, 2020	Mar. 30, 2020	Mar. 17, 2020	Mar. 14, 2019	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Class A Common Stock [Member]
Distribution Made to Member or Limited Partner [Line Items]
Dividends per common share (in dollars per share)						$ 0.30	$ 0.30	$ 0.60
Aggregate amount of dividends paid							$ 35.9
PBF Energy [Member] \| Class A Common Stock [Member]
Distribution Made to Member or Limited Partner [Line Items]
Dividends per common share (in dollars per share)				$ 0.30	$ 0		$ 0.30
PBF Energy [Member] \| Class A Common Stock [Member] \| COVID-19 Pandemic [Member]
Distribution Made to Member or Limited Partner [Line Items]
Dividends per common share, suspended (in dollars per share)		$ 0.30
PBF LLC [Member] \| Cash Distribution [Member]
Distribution Made to Member or Limited Partner [Line Items]
Distributions paid							$ 36.2
PBF Logistics LP [Member]
Distribution Made to Member or Limited Partner [Line Items]
Distribution made to partner (in dollars per share)	$ 0.30		$ 0.520
PBF Energy Inc. [Member] \| PBF LLC [Member] \| Cash Distribution [Member]
Distribution Made to Member or Limited Partner [Line Items]
Distributions paid							35.9
PBF LLC [Member] \| PBF Logistics LP [Member]
Distribution Made to Member or Limited Partner [Line Items]
Distribution made to partners							$ 24.6

EMPLOYEE BENEFIT PLANS (Details

EMPLOYEE BENEFIT PLANS (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
EMPLOYEE BENEFIT PLANS (Details) - USD ($) $ in Millions	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Pension Plan, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 15.1	$ 10.9	$ 28.9	$ 21.8
Interest cost	1.7	2.1	3.5	4.2
Expected return on plan assets	(3.1)	(2.4)	(6.2)	(4.8)
Amortization of prior service cost and actuarial loss	0	0	0.1	0.1
Net periodic benefit cost	13.7	10.6	26.3	21.3
Post Retirement Medical Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost	0.2	0.3	0.5	0.5
Interest cost	0.1	0.1	0.2	0.3
Amortization of prior service cost and actuarial loss	0.2	0.2	0.3	0.3
Net periodic benefit cost	$ 0.5	$ 0.6	$ 1	$ 1.1

REVENUES (Details)

REVENUES (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
REVENUES (Details) - USD ($) $ in Millions	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Revenues	$ 2,515.8	$ 6,560	$ 7,793.3	$ 11,776.2
Deferred revenue	20.5		20.5		$ 20.1
Refining Group [Member]
Revenues	2,499.1	6,551.9	7,759.1	11,760.6
PBF Logistics LP [Member]
Revenues	89.2	82.8	182.2	161.6
Prior to elimination [Member]
Revenues	2,588.3	6,634.7	7,941.3	11,922.2
Intersegment Eliminations [Member]
Revenues	(72.5)	(74.7)	(148)	(146)
Gasoline And Distillate [Member] \| Refining Group [Member]
Revenues	2,035.9	5,570.7	6,606.3	10,003.7
Asphalt and Residual Oil [Member] \| Refining Group [Member]
Revenues	164.1	531.8	371.1	884.8
Other Refining and Marketing [Member] \| Refining Group [Member]
Revenues	215.3	203.9	526.6	404.6
Chemicals [Member] \| Refining Group [Member]
Revenues	45.5	177.6	158.3	329.3
Lubricants [Member] \| Refining Group [Member]
Revenues	$ 38.3	$ 67.9	$ 96.8	$ 138.2

INCOME TAXES (Details)

INCOME TAXES (Details) $ in Millions	3 Months Ended		6 Months Ended
INCOME TAXES (Details) $ in Millions	Jun. 30, 2020USD ($)	Jun. 30, 2019USD ($)	Jun. 30, 2020USD ($)subsidiary	Jun. 30, 2019USD ($)	Dec. 31, 2019
Income Taxes [Line Items]
Percentage of ownership in PBF LLC	100.00%		100.00%		100.00%
Number Of Subsidiaries Acquired \| subsidiary			2
Income tax expense (benefit)	$ 138.3	$ (10.5)	$ (236.3)	$ 70
Current income tax expense (benefit)	0.2	(0.2)	0.4	1.8
Deferred income tax expense (benefit)	$ 138.1	$ (10.3)	$ (236.7)	$ 68.2
Effective Income Tax Rate Reconciliation, Other Reconciling Items, Percent [Abstract]
Provision at Federal statutory rate, as a percent	21.00%	21.00%	21.00%	21.00%
State income taxes (net federal income tax), as a percent	5.30%	2.00%	5.30%	5.50%
Non deductible/nontaxable items, as a percent	0.00%	(3.40%)	0.00%	0.70%
Rate differential from foreign jurisdictions, as a percent	(0.10%)	2.40%	(0.10%)	(0.70%)
Other, as a percent	0.00%	2.60%	(0.30%)	(0.30%)
Effective tax rate	26.20%	24.60%	25.90%	26.20%
Noncontrolling interests, as a percent	25.10%	32.70%	26.70%	24.20%
Statutory tax rate	26.30%	26.50%	26.30%	26.50%
Less: net income attributable to noncontrolling interests	$ 23.9	$ 10.6	$ 27.3	$ 22.8
Uncertain tax position	$ 0		$ 0
PBF Energy [Member] \| Class A Common Stock [Member]
Income Taxes [Line Items]
Percentage of ownership in PBF LLC	99.20%		99.20%		99.00%
PBF LLC [Member]
Income Taxes [Line Items]
Income tax expense (benefit)	$ (4.4)	1.8	$ 9.8	(5.4)
Current income tax expense (benefit)	0	(0.1)	0	(0.1)
Deferred income tax expense (benefit)	(4.4)	1.9	9.8	(5.3)
Effective Income Tax Rate Reconciliation, Other Reconciling Items, Percent [Abstract]
Less: net income attributable to noncontrolling interests	$ 19.5	$ 11.1	$ 37.5	$ 20.1

FAIR VALUE MEASUREMENTS (Measur

FAIR VALUE MEASUREMENTS (Measured on Recurring Basis) (Details) - Fair Value, Measurements, Recurring [Member] - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Non-qualified pension plan assets	$ 11.1	$ 10.3
Inventory Intermediation Agreement Obligation [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, gross carrying value	24.4
Derivative assets, effect of counter-party netting	0	0
Derivative assets, net carrying value	24.4
Derivative liability, gross carrying value		1.3
Derivative Liability		1.3
Inventory Intermediation Agreement Obligation [Member] \| Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, gross carrying value	0
Derivative liability, gross carrying value		0
Inventory Intermediation Agreement Obligation [Member] \| Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, gross carrying value	24.4
Derivative liability, gross carrying value		1.3
Inventory Intermediation Agreement Obligation [Member] \| Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, gross carrying value	0
Derivative liability, gross carrying value		0
Commodity contract [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liability, gross carrying value	14.4	33.8
Derivative liability, effect of counter-party netting	(8.4)	(33.8)
Derivative Liability	6	0
Commodity contract [Member] \| Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liability, gross carrying value	0.5
Derivative Liability		32.8
Commodity contract [Member] \| Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liability, gross carrying value	13.6
Derivative Liability		1
Commodity contract [Member] \| Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liability, gross carrying value	0.3
Derivative Liability		0
Catalyst Obligation [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liability, effect of counter-party netting	0	0
Catalyst lease obligations	32.1	47.6
Catalyst Obligation [Member] \| Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Catalyst lease obligations	0	0
Catalyst Obligation [Member] \| Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Catalyst lease obligations	32.1	47.6
Catalyst Obligation [Member] \| Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Catalyst lease obligations	0	0
Contingent Consideration [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liability, effect of counter-party netting	0
Catalyst lease obligations	41.3
Contingent Consideration [Member] \| Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Catalyst lease obligations	0
Contingent Consideration [Member] \| Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Catalyst lease obligations	0
Contingent Consideration [Member] \| Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Catalyst lease obligations	41.3
Money market funds [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and cash equivalents	402.5	111.8
Money market funds [Member] \| Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and cash equivalents	402.5	111.8
Money market funds [Member] \| Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and cash equivalents	0	0
Money market funds [Member] \| Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and cash equivalents	0	0
Commodity contract [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, gross carrying value	8.4	34
Derivative assets, effect of counter-party netting	(8.4)	(33.8)
Derivative assets, net carrying value	0	0.2
Commodity contract [Member] \| Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, gross carrying value	0.1	32.5
Commodity contract [Member] \| Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, gross carrying value	7	1.5
Commodity contract [Member] \| Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, gross carrying value	$ 1.3
Derivative assets, net carrying value		$ 0

FAIR VALUE MEASUREMENTS (Change

FAIR VALUE MEASUREMENTS (Change in Fair Value at Level 3) (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Change in Fair Value Measurement Categorized in Level 3 [Roll Forward]
Transfers into Level 3	$ 0	$ 0	$ 0	$ 0
Contingent Consideration [Member]
Change in Fair Value Measurement Categorized in Level 3 [Roll Forward]
Balance at beginning of period	51,300,000		26,100,000
Balance at end of period	40,300,000		40,300,000
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Purchases	0		77,300,000
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Gain (Loss) Included in Earnings	(13,500,000)		(66,300,000)
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Accretion	2,100,000		2,800,000
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Settlements	$ 400,000		$ 400,000

FAIR VALUE MEASUREMENTS (Fair V

FAIR VALUE MEASUREMENTS (Fair Value and Carrying Value of Debt) (Details) - USD ($)		3 Months Ended		6 Months Ended
		Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Jan. 24, 2020	Dec. 31, 2019
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Transfers into Level 3		$ 0	$ 0	$ 0	$ 0
Long-term debt, Fair value		3,967,400,000		3,967,400,000			$ 2,184,300,000
Long-term Debt, Gross		4,143,100,000		4,143,100,000			2,097,300,000
Current maturities, Carrying value		0		0			0
Current maturities, Fair value		0		0			0
Unamortized Debt Issuance Expense		(50,300,000)		(50,300,000)			(32,400,000)
Long-term debt excluding current maturities, Carrying value		4,092,800,000		4,092,800,000			2,064,900,000
Long-term debt excluding current maturities, Fair value		3,967,400,000		3,967,400,000			2,184,300,000
2023 Senior Notes [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term Debt	[1]	0		0			500,000,000
Long-term debt, Fair value	[1]	0		0			519,700,000
2025 Senior Notes [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term Debt	[2]	725,000,000		725,000,000			725,000,000
Long-term debt, Fair value	[2]	661,800,000		661,800,000			776,500,000
PBFX Senior Notes [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt, Fair value	[2]	505,200,000		505,200,000			543,000,000
2028 Senior Notes
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term Debt	[2]	1,000,000,000		1,000,000,000			0
Long-term debt, Fair value	[2]	835,000,000		835,000,000			0
Catalyst Obligation [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term Debt	[3]						47,600,000
Long-term debt, Fair value	[3]	32,100,000		32,100,000			47,600,000
2025 Senior Secured Notes [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term Debt	[2]	1,000,000,000		1,000,000,000			0
Long-term debt, Fair value	[2]	1,074,300,000		1,074,300,000			0
PBF Rail Logistics Company LLC [Member] \| Notes Payable to Banks [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term Debt	[4]	11,000,000		11,000,000			14,500,000
Long-term debt, Fair value	[4]	11,000,000		11,000,000			14,500,000
PBF Logistics LP [Member] \| PBFX Senior Notes [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term Debt	[2]	527,000,000		527,000,000			527,200,000
Catalyst Obligation [Member] \| Level 2 [Member] \| Fair Value, Measurements, Recurring [Member] \| Capital Lease Obligations [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term Debt	[3]	32,100,000		32,100,000
Revolving Credit Facility [Member] \| Line of Credit [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term line of credit	[4]	600,000,000		600,000,000			0
Line of credit, Fair value	[4]	600,000,000		600,000,000			0
Revolving Credit Facility [Member] \| PBF Logistics LP [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Line of credit, Fair value	[4]	248,000,000		248,000,000			283,000,000
Revolving Credit Facility [Member] \| PBF Logistics LP [Member] \| Line of Credit [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term line of credit	[4]	$ 248,000,000		$ 248,000,000			$ 283,000,000
2023 Senior Notes [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Interest rate						7.00%
2025 Senior Notes [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Interest rate						7.25%

[1]	(b) As disclosed in “Note 7 - Debt”, the 2023 Senior Notes were redeemed in full on February 14, 2020.
[2]	The estimated fair value, categorized as a Level 2 measurement, was calculated based on the present value of future expected payments utilizing implied current market interest rates based on quoted prices of the outstanding senior notes.(b) As disclosed in “Note 7 - Debt”, the 2023 Senior Notes were redeemed in full on February 14, 2020.
[3]	Catalyst financing arrangements are valued using a market approach based upon commodity prices for similar instruments quoted in active markets and are categorized as a Level 2 measurement. The Company has elected the fair value option for accounting for its catalyst repurchase obligations as the Company’s liability is directly impacted by the change in fair value of the underlying catalyst.
[4]	The estimated fair value approximates carrying value, categorized as a Level 2 measurement, as these borrowings bear interest based upon short-term floating market interest rates.

DERIVATIVES (Additional Informa

DERIVATIVES (Additional Information) (Details)	3 Months Ended		6 Months Ended
DERIVATIVES (Additional Information) (Details)	Jun. 30, 2020USD ($)bbl	Jun. 30, 2019USD ($)	Jun. 30, 2020USD ($)bbl	Jun. 30, 2019USD ($)	Dec. 31, 2019bbl
Derivative [Line Items]
Loss on fair value hedge ineffectiveness \| $	$ 0	$ 0	$ 0	$ 0
Crude Oil and Feedstock Inventory [Member] \| Fair Value Hedging [Member]
Derivative [Line Items]
Derivative, notional amount, volume	0		0		27,580
Intermediates and Refined Products Inventory [Member] \| Fair Value Hedging [Member]
Derivative [Line Items]
Derivative, notional amount, volume	2,949,375		2,949,375		3,430,635
Crude Oil Commodity Contract [Member] \| Not Designated as Hedging Instrument [Member]
Derivative [Line Items]
Derivative, notional amount, volume	9,800,000		9,800,000		5,511,000
Refined Product Commodity Contract [Member] \| Not Designated as Hedging Instrument [Member]
Derivative [Line Items]
Derivative, notional amount, volume	771,000		771,000		5,788,000

DERIVATIVES (Fair Value of Deri

DERIVATIVES (Fair Value of Derivative Instruments) (Details) - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
Designated as Hedging Instrument [Member] \| Inventory Intermediation Agreement Obligation [Member] \| Accrued Expenses [Member]
Derivatives, Fair Value [Line Items]
Fair Value Asset/(Liability)	$ 24.4	$ (1.3)
Not Designated as Hedging Instrument [Member] \| Commodity Contract [Member] \| Accrued Expenses [Member]
Derivatives, Fair Value [Line Items]
Fair Value Asset/(Liability)	$ (6)
Not Designated as Hedging Instrument [Member] \| Commodity Contract [Member] \| Accounts Receivable
Derivatives, Fair Value [Line Items]
Fair Value Asset/(Liability)		$ 0.2

DERIVATIVES (Gain (Loss) Recogn

DERIVATIVES (Gain (Loss) Recognized in Income) (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) on Fair Value Hedge Ineffectiveness, Net	$ 0	$ 0	$ 0	$ 0
Designated as Hedging Instrument [Member] \| Inventory Intermediation Agreement Obligation [Member] \| Cost of Sales [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gain or (Loss) Recognized in Income on Derivatives	(42,200,000)	(20,800,000)	25,700,000	(35,000,000)
Designated as Hedging Instrument [Member] \| Intermediates and Refined Products Inventory [Member] \| Cost of Sales [Member] \| Fair Value Hedging [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gain or (Loss) Recognized in Income on Derivatives	42,200,000	20,800,000	(25,700,000)	35,000,000
Not Designated as Hedging Instrument [Member] \| Commodity Contract [Member] \| Cost of Sales [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gain or (Loss) Recognized in Income on Derivatives	$ (13,200,000)	$ 1,000,000	$ 65,000,000	$ 32,700,000

SEGMENT INFORMATION (Details)

SEGMENT INFORMATION (Details)	May 31, 2019	May 30, 2019	Apr. 24, 2019USD ($)	Jun. 30, 2020USD ($)	Jun. 30, 2019USD ($)		Jun. 30, 2020USD ($)reportable_segmentsegment		Jun. 30, 2019USD ($)		Dec. 31, 2019USD ($)	Jul. 01, 2016refinery
Segment Reporting Information [Line Items]
Number of reportable segments \| reportable_segment							2
Revenues				$ 2,515,800,000	$ 6,560,000,000		$ 7,793,300,000		$ 11,776,200,000
Cost, Depreciation, Amortization and Depletion				125,100,000	107,100,000		244,700,000		212,900,000
Income (loss) from operations				620,800,000	9,500,000		(746,000,000)		374,100,000	[1]
Interest expense, net				65,500,000	42,100,000		114,700,000		81,600,000
Capital Expenditures				147,800,000	241,300,000		1,463,000,000		501,900,000
Assets				10,073,300,000			$ 10,073,300,000				$ 9,132,400,000
Number Of Operating Refineries \| refinery												6
Number of Operating Segments \| segment							2
Refining Group [Member]
Segment Reporting Information [Line Items]
Revenues				2,499,100,000	6,551,900,000		$ 7,759,100,000		11,760,600,000
Cost, Depreciation, Amortization and Depletion				111,100,000	95,300,000		216,500,000		189,600,000
Income (loss) from operations				614,600,000	23,700,000		(771,800,000)		413,200,000	[1],[2]
Interest expense, net				700,000	900,000		1,500,000		1,400,000
Capital Expenditures				143,800,000	235,900,000		1,447,900,000		483,000,000
Assets				8,947,700,000			8,947,700,000				8,154,800,000
PBF Logistics LP [Member]
Segment Reporting Information [Line Items]
Assets				950,500,000			950,500,000				973,000,000
Corporate Segment [Member]
Segment Reporting Information [Line Items]
Cost, Depreciation, Amortization and Depletion				2,800,000	2,900,000		5,700,000		5,700,000
Income (loss) from operations				(43,900,000)	(48,800,000)		(72,000,000)		(103,200,000)	[1],[2]
Interest expense, net				52,100,000	28,700,000		87,700,000		55,600,000
Capital Expenditures				2,200,000	1,400,000		7,200,000		3,700,000
Assets				230,200,000			230,200,000				52,700,000
Intersegment Eliminations [Member]
Segment Reporting Information [Line Items]
Revenues				(72,500,000)	(74,700,000)		(148,000,000)		(146,000,000)
Cost, Depreciation, Amortization and Depletion					0		0		0
Income (loss) from operations					(3,200,000)		0		(7,900,000)	[1],[2]
Interest expense, net					0		0		0
Capital Expenditures					0		0		0
Assets				(55,100,000)			(55,100,000)				(48,100,000)
Torrance Valley Pipeline Company LLC [Member]
Segment Reporting Information [Line Items]
Business Combination, Consideration Transferred			$ 200,000,000
PBF Logistics LP [Member] \| Torrance Valley Pipeline Company LLC [Member]
Segment Reporting Information [Line Items]
Wholly Owned Subsidiary, Percentage of Ownership	100.00%	50.00%
PBF LLC [Member]
Segment Reporting Information [Line Items]
Revenues				2,515,800,000	6,560,000,000		7,793,300,000		11,776,200,000
Cost, Depreciation, Amortization and Depletion				125,100,000	107,100,000		244,700,000		212,900,000
Income (loss) from operations				621,100,000	9,900,000	[1],[2]	(745,700,000)		374,800,000	[1],[2]
Interest expense, net				68,100,000	44,500,000		119,800,000		86,000,000
Capital Expenditures				147,800,000	241,300,000		1,463,000,000	[3]	501,900,000
Assets				9,889,300,000			9,889,300,000				9,129,100,000
PBF LLC [Member] \| Refining Group [Member]
Segment Reporting Information [Line Items]
Revenues				2,499,100,000	6,551,900,000		7,759,100,000		11,760,600,000
Cost, Depreciation, Amortization and Depletion				111,100,000	95,300,000		216,500,000		189,600,000
Income (loss) from operations				614,600,000	23,700,000	[1],[2]	(771,800,000)		413,200,000	[1],[2]
Interest expense, net				700,000	900,000		1,500,000		1,400,000
Capital Expenditures				143,800,000	235,900,000		1,447,900,000	[3]	483,000,000
Assets				8,947,700,000			8,947,700,000				8,154,800,000
PBF LLC [Member] \| PBF Logistics LP [Member]
Segment Reporting Information [Line Items]
Revenues				89,200,000	82,800,000		182,200,000		161,600,000
Cost, Depreciation, Amortization and Depletion				11,200,000	8,900,000		22,500,000		17,600,000
Income (loss) from operations				50,100,000	37,800,000	[1],[2]	97,800,000		72,000,000	[1],[2]
Interest expense, net				12,700,000	12,500,000		25,500,000		24,600,000
Capital Expenditures				1,800,000	4,000,000		7,900,000	[3]	15,200,000
Assets				950,500,000			950,500,000				973,000,000
PBF LLC [Member] \| Corporate Segment [Member]
Segment Reporting Information [Line Items]
Revenues				0	0		0		0
Cost, Depreciation, Amortization and Depletion				2,800,000	2,900,000		5,700,000		5,700,000
Income (loss) from operations				(43,600,000)	(48,400,000)	[1],[2]	(71,700,000)		(102,500,000)	[1],[2]
Interest expense, net				54,700,000	31,100,000		92,800,000		60,000,000
Capital Expenditures				2,200,000	1,400,000		7,200,000	[3]	3,700,000
Assets				46,200,000			46,200,000				49,400,000
PBF LLC [Member] \| Intersegment Eliminations [Member]
Segment Reporting Information [Line Items]
Revenues				(72,500,000)	(74,700,000)		(148,000,000)		(146,000,000)
Cost, Depreciation, Amortization and Depletion				0	0		0		0
Income (loss) from operations				0	(3,200,000)	[1],[2]	0		(7,900,000)	[1],[2]
Interest expense, net				0	0		0		0
Capital Expenditures				0	$ 0		0	[3]	$ 0
Assets				$ (55,100,000)			$ (55,100,000)				$ (48,100,000)
Torrance Valley Pipeline Company LLC [Member]
Segment Reporting Information [Line Items]
Subsidiary, Consolidation Percentage				100.00%			100.00%
Torrance Valley Pipeline Company LLC [Member] \| PBFX [Member]
Segment Reporting Information [Line Items]
Noncontrolling Interest in Variable Interest Entity				$ 0.50			$ 0.50

[1]	(2) Prior to the TVPC Contribution Agreement, the Logistics segment included 100% of the income from operations of TVPC, as TVPC was consolidated by PBFX. PBFX recorded net income attributable to noncontrolling interest for the 50% equity interest in TVPC held by PBF Holding. PBF Holding (included in the Refining segment) recorded equity income in investee related to its 50% noncontrolling ownership interest in TVPC. For purposes of the Company’s Condensed Consolidated Financial Statements, PBF Holding’s equity income in investee and PBFX’s net income attributable to noncontrolling interest eliminated in consolidation.
[2]	(1) On April 24, 2019, PBFX entered into a contribution agreement with PBF LLC (the “TVPC Contribution Agreement”), pursuant to which PBF LLC contributed to PBFX all of the issued and outstanding limited liability company interests of TVP Holding Company LLC (“TVP Holding”) for total consideration of $200.0 million (the “TVPC Acquisition”). Prior to the TVPC Acquisition, TVP Holding owned a 50% equity interest in Torrance Valley Pipeline Company LLC (“TVPC”). Subsequent to the closing of the TVPC Acquisition on May 31, 2019, PBFX owns 100% of the membership interests in TVPC.
[3]	(3) The Refining segment includes capital expenditures of $1,176.2 million for the acquisition of the Martinez refinery in the first quarter of 2020.

NET INCOME (LOSS) PER SHARE O_3

NET INCOME (LOSS) PER SHARE OF PBF ENERGY (Details) - USD ($) $ / shares in Units, $ in Millions		3 Months Ended		6 Months Ended
		Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Statutory tax rate		26.30%	26.50%	26.30%	26.50%
Basic Earnings Per Share:
Net income attributable to PBF Energy		$ 389.1	$ (32.2)	$ (676.8)	$ 197
Undistributed Earnings (Loss) Allocated to Participating Securities, Basic		$ 0	$ 0.1	$ 0.1	$ 0.2
Denominator for basic net income per Class A common share-weighted average shares (in shares)		120,010,882	119,181,845	119,499,392	119,885,386
Basic net income attributable to PBF Energy per Class A common share (in usd per share)		$ 3.24	$ (0.27)	$ (5.66)	$ 1.64
Net Income (Loss) Available to Common Stockholders, Basic		$ 389.1	$ (32.3)	$ (676.9)	$ 196.8
Diluted Earnings Per Share:
Plus: Net income attributable to noncontrolling interest	[1]	4.5	0	(10.1)	2.7
Less: Income tax on net income attributable to noncontrolling interest	[1]	(1.2)	0	2.7	(0.7)
Numerator for diluted net income per Class A common share	[1]	$ 392.4	$ (32.3)	$ (684.3)	$ 198.8
Denominator for basic net income per Class A common share-weighted average shares (in shares)		120,010,882	119,181,845	119,499,392	119,885,386
Effect of dilutive securities:
Conversion of PBF LLC Series A Units	[2]	1,017,620	0	1,113,209	1,206,325
Effect of dilutive securities on common stock equivalents (in shares)	[2]	400,398	0	0	928,733
Denominator for diluted net income (loss) per PBF Energy Class A common share-adjusted weighted average shares		121,428,900	119,181,845	120,612,601	122,020,444
Diluted net income attributable to PBF Energy per Class A common share (in usd per share)		$ 3.23	$ (0.27)	$ (5.67)	$ 1.63
Antidilutive common stock excluded from computation of dilutive earnings per share (in shares)			1,206,325
PBF LLC [Member]
Basic Earnings Per Share:
Net income attributable to PBF Energy		$ 533.9	$ (47)	$ (926.3)	$ 271.4
Stock Options [Member]
Effect of dilutive securities:
Antidilutive common stock excluded from computation of dilutive earnings per share (in shares)		11,483,336	6,833,973	11,729,631	6,012,867

[1]	(1) The diluted earnings per share calculation generally assumes the conversion of all outstanding PBF LLC Series A Units to PBF Energy Class A common stock. The net income (loss) attributable to PBF Energy used in the numerator of the diluted earnings per share calculation is adjusted to reflect the net income (loss), as well as the corresponding income tax expense (benefit) (based on a 26.3% estimated annualized statutory corporate tax rate for the three and six months ended June 30, 2020 and a 26.5% estimated annualized statutory corporate tax rate for the three and six months ended June 30, 2019), attributable to the converted units. During the three months ended June 30, 2019, the potential conversion of 1,206,325 PBF LLC Series A Units into PBF Energy Class A common stock were excluded from the denominator in computing diluted net income (loss) per share because including them would have had an anti-dilutive effect. As the potential conversion of the PBF LLC Series A Units and common stock equivalents were not included, the numerator used in the calculation of diluted net income (loss) per share was equal to the numerator used in the calculation of basic net income (loss) per share and does not include the net income (loss) and income tax attributable to the net income (loss) associated with the potential conversion of the PBF LLC Series A Units and common stock equivalents.
[2]	Represents an adjustment to weighted-average diluted shares outstanding to assume the full exchange of common stock equivalents, including options and warrants for PBF LLC Series A Units and performance share units and options for shares of PBF Energy Class A common stock as calculated under the treasury stock method (to the extent the impact of such exchange would not be anti-dilutive). Common stock equivalents exclude the effects of performance share units and options and warrants to purchase 11,483,336 and 11,729,631 shares of PBF Energy Class A common stock and PBF LLC Series A units because they were anti-dilutive for the three and six months ended June 30, 2020. Common stock equivalents exclude the effects of performance share units and options and warrants to purchase 6,833,973 and 6,012,867 shares of PBF Energy Class A common stock and PBF LLC Series A units because they are anti-dilutive for the three and six months ended June 30, 2019, respectively. For periods showing a net loss, all common stock equivalents and unvested restricted stock are considered anti-dilutive.

SUBSEQUENT EVENTS (Details)

SUBSEQUENT EVENTS (Details)	Jul. 31, 2020$ / shares
Subsequent Event [Member] \| PBF Logistics LP [Member]
Subsequent Event [Line Items]
Cash distribution (in dollars per share)	$ 0.30