PBF Energy (PBF) 10-K18 Feb 212020 FY Annual reportFinancial data

Company Profile

Document and Entity Information

Document and Entity Information Document - USD ($)	12 Months Ended
Document and Entity Information Document - USD ($)	Dec. 31, 2020	Feb. 12, 2021	Jun. 30, 2020	Dec. 31, 2019	Dec. 31, 2018	Aug. 14, 2018	Dec. 31, 2017
Entity Information [Line Items]
Document Type	10-K
Document Annual Report	true
Document Period End Date	Dec. 31, 2020
Current Fiscal Year End Date	--12-31
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	Class A Common Stock, par value $.001
Trading Symbol	PBF
Security Exchange Name	NYSE
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
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
ICFR Auditor Attestation Flag	true
Entity Shell Company	false
Entity Public Float			$ 1,200,000,000
Ownership Percentage of Equity Held	100.00%			100.00%	100.00%	100.00%	100.00%
Documents Incorporated by Reference	PBF Energy Inc. intends to file with the Securities and Exchange Commission a definitive Proxy Statement for its Annual Meeting of Stockholders within 120 days after December 31, 2020. Portions of the Proxy Statement are incorporated by reference in Part III of this Form 10-K to the extent stated herein.
Entity Central Index Key	0001534504
Amendment Flag	false
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2020
Class A Common Stock [Member]
Entity Information [Line Items]
Entity Common Stock, Shares Outstanding (in shares)		120,103,360
Class A Common Stock [Member] \| PBF Energy [Member]
Entity Information [Line Items]
Ownership Percentage of Equity Held	99.20%			99.00%
Class B Common Stock [Member]
Entity Information [Line Items]
Entity Common Stock, Shares Outstanding (in shares)		16
PBF LLC [Member]
Entity Information [Line Items]
Entity File Number	333-206728-02
Entity Registrant Name	PBF ENERGY COMPANY LLC
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	61-1622166
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
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
ICFR Auditor Attestation Flag	true
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 (in shares)		0

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Millions		Dec. 31, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents (PBFX $36.3 and $35.0, respectively)		$ 1,609.5	$ 814.9
Accounts receivable		512.9	835
Inventories		1,686.2	2,122.2
Prepaid and other current assets		58.8	51.6
Total current assets		3,867.4	3,823.7
Property, plant and equipment, net (PBFX: $820.2 and $854.6, respectively)		4,843.3	4,023.2
Lease right of use assets		916.9	330.6
Deferred charges and other assets, net		872.2	954.9
Total assets	[1]	10,499.8	9,132.4
Current liabilities:
Accounts payable		407	601.4
Accrued expenses		1,911.5	1,815.6
Deferred revenue		47.2	20.1
Current operating lease liabilities		78.4	72.1
Current debt		7.4	0
Total current liabilities		2,451.5	2,509.2
Long-term debt (PBFX: $720.8 and $802.1, respectively)		4,653.6	2,064.9
Payable to related parties pursuant to Tax Receivable Agreement		0	373.5
Deferred tax liabilities		99.6	96.9
Long-term operating lease liabilities		756	233.1
Long-term financing lease liabilities		68.3	18.4
Other long-term liabilities		268.5	250.9
Total liabilities		8,297.5	5,546.9
Commitments and contingencies (Note 14)
Equity:
Preferred stock, $0.001 par value, 100,000,000 shares authorized, no shares outstanding at December 31, 2020 and December 31, 2019		0	0
Treasury stock, at cost, 6,549,449 shares outstanding at December 31, 2020 and 6,424,787 shares outstanding at December 31, 2019		(167.3)	(165.7)
Additional paid in capital		2,846.2	2,812.3
Retained earnings (accumulated deficit)		(1,027.1)	401.2
Accumulated other comprehensive loss		(9.1)	(8.3)
Total PBF Energy Inc. equity		1,642.8	3,039.6
Noncontrolling interest		559.5	545.9
Total equity		2,202.3	3,585.5
Total liabilities and equity		10,499.8	9,132.4
Variable Interest Entity, Primary Beneficiary, PBF Logistics LP
Current assets:
Cash and cash equivalents (PBFX $36.3 and $35.0, respectively)		36.3	35
Property, plant and equipment, net (PBFX: $820.2 and $854.6, respectively)		820.2	854.6
Current liabilities:
Long-term debt (PBFX: $720.8 and $802.1, respectively)		720.8	802.1
Class A Common Stock [Member]
Equity:
Common stock, value, issued		0.1	0.1
Class B Common Stock [Member]
Equity:
Common stock, value, issued		$ 0	$ 0

[1]	On April 24, 2019, PBFX entered into 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. Prior to the TVPC Acquisition, TVP Holding owned a 50% membership interest in TVPC. Subsequent to the closing of the TVPC Acquisition on May 31, 2019, PBFX owns 100% of the membership interests in TVPC.

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Millions	Dec. 31, 2020	Dec. 31, 2019
Cash and cash equivalents (PBFX $36.3 and $35.0, respectively)	$ 1,609.5	$ 814.9
Property, plant and equipment, net (PBFX: $820.2 and $854.6, respectively)	4,843.3	4,023.2
Long-term debt (PBFX: $720.8 and $802.1, respectively)	$ 4,653.6	$ 2,064.9
Preferred Stock, Par or Stated Value Per Share (in dollars per share)	$ 0.001	$ 0.001
Preferred stock, shares authorized (in shares)	100,000,000	100,000,000
Preferred stock, shares outstanding (in shares)	0	0
Treasury stock, at cost, 6,274,261 shares outstanding at December 31, 2018 and 6,132,884 shares outstanding at December 31, 2017 (in shares)	6,549,449	6,424,787
Class A Common Stock [Member]
Common Stock, Par or Stated Value Per Share (in dollars per share)	$ 0.001	$ 0.001
Common stock, shares authorized (in shares)	1,000,000,000	1,000,000,000
Common stock, shares outstanding (in shares)	120,101,641	119,804,971
Class B Common Stock [Member]
Common Stock, Par or Stated Value Per Share (in dollars per share)	$ 0.001	$ 0.001
Common stock, shares authorized (in shares)	1,000,000	1,000,000
Common stock, shares outstanding (in shares)	16	20
PBF LLC [Member]
Cash and cash equivalents (PBFX $36.3 and $35.0, respectively)	$ 1,607.3	$ 813.7
Property, plant and equipment, net (PBFX: $820.2 and $854.6, respectively)	4,843.3	4,023.2
Long-term debt (PBFX: $720.8 and $802.1, respectively)	$ 4,653.6	$ 2,064.9
PBF LLC [Member] \| Series B Units [Member]
Common Unit, Issued (in shares)	1,000,000	1,000,000
Common Unit, Outstanding (in shares)	1,000,000	1,000,000
PBF LLC [Member] \| Series A Units [Member]
Common Unit, Issued (in shares)	970,647	1,215,317
Common Unit, Outstanding (in shares)	970,647	1,215,317
PBF LLC [Member] \| Series C Units [Member]
Common Unit, Issued (in shares)	120,122,872	119,826,202
Common Unit, Outstanding (in shares)	120,122,872	119,826,202

Consolidated Balance Sheets PBF

Consolidated Balance Sheets PBF LLC BALANCE SHEET - USD ($)		Dec. 31, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents (PBFX $36.3 and $35.0, respectively)		$ 1,609,500,000	$ 814,900,000
Accounts receivable		512,900,000	835,000,000
Inventories		1,686,200,000	2,122,200,000
Prepaid and other current assets		58,800,000	51,600,000
Total current assets		3,867,400,000	3,823,700,000
Property, plant and equipment, net (PBFX: $820.2 and $854.6, respectively)		4,843,300,000	4,023,200,000
Lease right of use assets		916,900,000	330,600,000
Deferred charges and other assets, net		872,200,000	954,900,000
Total assets	[1]	10,499,800,000	9,132,400,000
Current liabilities:
Accounts payable		407,000,000	601,400,000
Accrued expenses		1,911,500,000	1,815,600,000
Deferred revenue		47,200,000	20,100,000
Current operating lease liabilities		78,400,000	72,100,000
Current debt		7,400,000	0
Total current liabilities		2,451,500,000	2,509,200,000
Long-term debt (PBFX: $720.8 and $802.1, respectively)		4,653,600,000	2,064,900,000
Deferred tax liabilities		99,600,000	96,900,000
Long-term operating lease liabilities		756,000,000	233,100,000
Long-term financing lease liabilities		68,300,000	18,400,000
Other long-term liabilities		268,500,000	250,900,000
Total liabilities		8,297,500,000	5,546,900,000
Commitments and contingencies (Note 14)
Members' Equity
Treasury stock, at cost		(167,300,000)	(165,700,000)
Retained earnings (accumulated deficit)		(1,027,100,000)	401,200,000
Accumulated other comprehensive loss		(9,100,000)	(8,300,000)
Total PBF Energy Inc. equity		1,642,800,000	3,039,600,000
Noncontrolling interest		559,500,000	545,900,000
Total equity		2,202,300,000	3,585,500,000
Total liabilities and equity		10,499,800,000	9,132,400,000
Variable Interest Entity, Primary Beneficiary, PBF Logistics LP
Current assets:
Cash and cash equivalents (PBFX $36.3 and $35.0, respectively)		36,300,000	35,000,000
Property, plant and equipment, net (PBFX: $820.2 and $854.6, respectively)		820,200,000	854,600,000
Current liabilities:
Long-term debt (PBFX: $720.8 and $802.1, respectively)		720,800,000	802,100,000
PBF LLC [Member]
Current assets:
Cash and cash equivalents (PBFX $36.3 and $35.0, respectively)		1,607,300,000	813,700,000
Accounts receivable		512,900,000	834,000,000
Inventories		1,686,200,000	2,122,200,000
Prepaid and other current assets		58,800,000	51,600,000
Total current assets		3,865,200,000	3,821,500,000
Property, plant and equipment, net (PBFX: $820.2 and $854.6, respectively)		4,843,300,000	4,023,200,000
Lease right of use assets		916,900,000	330,600,000
Deferred charges and other assets, net		872,300,000	953,800,000
Total assets	[1]	10,497,700,000	9,129,100,000
Current liabilities:
Accounts payable		406,900,000	601,400,000
Accrued expenses		1,951,200,000	1,846,200,000
Deferred revenue		47,200,000	20,100,000
Current operating lease liabilities		78,400,000	72,100,000
Current debt		7,400,000	0
Total current liabilities		2,491,100,000	2,539,800,000
Long-term debt (PBFX: $720.8 and $802.1, respectively)		4,653,600,000	2,064,900,000
Affiliate note payable		376,300,000	376,400,000
Deferred tax liabilities		38,700,000	31,400,000
Long-term operating lease liabilities		756,000,000	233,100,000
Long-term financing lease liabilities		68,300,000	18,400,000
Other long-term liabilities		268,500,000	250,900,000
Total liabilities		8,652,500,000	5,514,900,000
Members' Equity
Treasury stock, at cost		(167,300,000)	(165,700,000)
Retained earnings (accumulated deficit)		(690,500,000)	1,142,400,000
Accumulated other comprehensive loss		(6,100,000)	(9,700,000)
Total PBF Energy Inc. equity		1,374,000,000	3,176,400,000
Noncontrolling interest		466,100,000	432,700,000
Total equity		1,840,100,000	3,609,100,000
Total liabilities and equity		10,497,700,000	9,129,100,000
PBF LLC [Member] \| Series B Units [Member]
Temporary Equity
Series B Units, 1,000,000 issued and outstanding, no par or stated value		5,100,000	$ 5,100,000
Members' Equity
Common Unit, Issuance Value		$ 0
Common Unit, Issued (in shares)		1,000,000	1,000,000
Common Unit, Outstanding (in shares)		1,000,000	1,000,000
PBF LLC [Member] \| Series A Units [Member]
Members' Equity
Common Unit, Issuance Value		$ 17,600,000	$ 20,000,000
Common Unit, Issued (in shares)		970,647	1,215,317
Common Unit, Outstanding (in shares)		970,647	1,215,317
PBF LLC [Member] \| Series C Units [Member]
Members' Equity
Common Unit, Issuance Value		$ 2,220,300,000	$ 2,189,400,000
Common Unit, Issued (in shares)		120,122,872	119,826,202
Common Unit, Outstanding (in shares)		120,122,872	119,826,202

[1]	On April 24, 2019, PBFX entered into 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. Prior to the TVPC Acquisition, TVP Holding owned a 50% membership interest in TVPC. Subsequent to the closing of the TVPC Acquisition on May 31, 2019, PBFX owns 100% of the membership interests in TVPC.

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2020	Dec. 31, 2019		Dec. 31, 2018
Income Statement [Abstract]
Revenues		$ 15,115.9	$ 24,508.2		$ 27,186.1
Cost and expenses:
Cost of products and other		14,275.6	21,387.5		24,503.4
Operating expenses (excluding depreciation and amortization expense as reflected below)		1,918.3	1,782.3		1,721
Depreciation and amortization expense		551.7	425.3		359.1
Cost of sales		16,745.6	23,595.1		26,583.5
General and administrative expenses (excluding depreciation and amortization expense as reflected below)		248.5	284		277
Depreciation and amortization expense		11.3	10.8		10.6
Change in fair value of contingent consideration		(93.7)	(0.8)		0
Impairment expense		98.8	0		0
Gain on sale of assets		(477.8)	(29.9)		(43.1)
Total cost and expenses		16,532.7	23,859.2		26,828
Income (loss) from operations		(1,416.8)	649	[1],[2]	358.1	[2]
Other income (expense):
Interest expense, net		(258.2)	(159.6)		(169.9)
Change in Tax Receivable Agreement liability		373.5	0		13.9
Change in fair value of catalyst obligations		(11.8)	(9.7)		5.6
Debt extinguishment costs		(22.2)	0		0
Other non-service components of net periodic benefit cost		4.3	(0.2)		1.1
Income (loss) before income taxes		(1,331.2)	479.5		208.8
Income tax expense		2.1	104.3		33.5
Net income (loss)		(1,333.3)	375.2		175.3
Less: net income attributable to noncontrolling interests		59.1	55.8		47
Net income (loss) attributable to PBF Energy Inc. stockholders		$ (1,392.4)	$ 319.4		$ 128.3
Weighted-average shares of Class A common stock outstanding
Basic (in shares)	[3]	119,617,998	119,887,646		115,190,262
Diluted (in shares)		120,660,665	121,853,299		118,773,606
Net income (loss) available to Class A common stock per share:
Basic (in usd per share)		$ (11.64)	$ 2.66		$ 1.11
Diluted (in usd per share)		$ (11.64)	$ 2.64		$ 1.10

[1]	On April 24, 2019, PBFX entered into 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. Prior to the TVPC Acquisition, TVP Holding owned a 50% membership interest in 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 Consolidated Financial Statements, PBF Holding’s equity income in investee and PBFX’s net income attributable to noncontrolling interest eliminate in consolidation.
[3]	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 26.6%, 24.9% and 26.0% annualized statutory corporate tax rate for the years ended December 31, 2020, 2019 and 2018) attributable to the converted units.

Consolidated Statements of Op_2

Consolidated Statements of Operations PBF LLC STATEMENT OF OPERATIONS - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019		Dec. 31, 2018
Income Statement [Abstract]
Revenues	$ 15,115.9	$ 24,508.2		$ 27,186.1
Cost and expenses:
Cost of products and other	14,275.6	21,387.5		24,503.4
Operating expenses (excluding depreciation and amortization expense as reflected below)	1,918.3	1,782.3		1,721
Depreciation and amortization expense	551.7	425.3		359.1
Cost of sales	16,745.6	23,595.1		26,583.5
General and administrative expenses (excluding depreciation and amortization expense as reflected below)	248.5	284		277
Depreciation and amortization expense	11.3	10.8		10.6
Change in contingent consideration	(93.7)	(0.8)		0
Impairment expense	98.8	0		0
Gain on sale of assets	(477.8)	(29.9)		(43.1)
Total cost and expenses	16,532.7	23,859.2		26,828
Income (loss) from operations	(1,416.8)	649	[1],[2]	358.1	[2]
Other Income and Expenses [Abstract]
Interest expense, net	(258.2)	(159.6)		(169.9)
Change in fair value of catalyst obligations	(11.8)	(9.7)		5.6
Debt extinguishment costs	(22.2)	0		0
Other non-service components of net periodic benefit cost	4.3	(0.2)		1.1
Income (loss) before income taxes	(1,331.2)	479.5		208.8
Income tax expense	2.1	104.3		33.5
Net income (loss)	(1,333.3)	375.2		175.3
Less: net income attributable to noncontrolling interests	59.1	55.8		47
Net income (loss) attributable to PBF Energy Inc. stockholders	(1,392.4)	319.4		128.3
PBF LLC [Member]
Income Statement [Abstract]
Revenues	15,115.9	24,508.2		27,186.1
Cost and expenses:
Cost of products and other	14,275.6	21,387.5		24,503.4
Operating expenses (excluding depreciation and amortization expense as reflected below)	1,918.3	1,782.3		1,721
Depreciation and amortization expense	551.7	425.3		359.1
Cost of sales	16,745.6	23,595.1		26,583.5
General and administrative expenses (excluding depreciation and amortization expense as reflected below)	247.7	282.3		275.2
Depreciation and amortization expense	11.3	10.8		10.6
Change in contingent consideration	(93.7)	(0.8)		0
Impairment expense	98.8	0		0
Gain on sale of assets	(477.8)	(29.9)		(43.1)
Total cost and expenses	16,531.9	23,857.5		26,826.2
Income (loss) from operations	(1,416)	650.7	[1],[2]	359.9	[2]
Other Income and Expenses [Abstract]
Interest expense, net	(268.5)	(169.1)		(178.5)
Change in fair value of catalyst obligations	(11.8)	(9.7)		5.6
Debt extinguishment costs	(22.2)	0		0
Other non-service components of net periodic benefit cost	4.3	(0.2)		1.1
Income (loss) before income taxes	(1,714.2)	471.7		188.1
Income tax expense	6.1	(8.3)		8
Net income (loss)	(1,720.3)	480		180.1
Less: net income attributable to noncontrolling interests	76.2	51.5		42.3
Net income (loss) attributable to PBF Energy Inc. stockholders	$ (1,796.5)	$ 428.5		$ 137.8

[1]	On April 24, 2019, PBFX entered into 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. Prior to the TVPC Acquisition, TVP Holding owned a 50% membership interest in 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 Consolidated Financial Statements, PBF Holding’s equity income in investee and PBFX’s net income attributable to noncontrolling interest eliminate in consolidation.

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Statement of Comprehensive Income [Abstract]
Net income (loss)	$ (1,333.3)	$ 375.2	$ 175.3
Other comprehensive income (loss):
Unrealized (loss) gain on available for sale securities	(0.1)	0.4	(0.1)
Net (loss) gain on pension and other post-retirement benefits	(0.7)	13.8	3.1
Total other comprehensive income (loss)	(0.8)	14.2	3
Comprehensive income (loss)	(1,334.1)	389.4	178.3
Less: comprehensive income attributable to noncontrolling interests	59.1	55.9	47
Comprehensive income (loss) attributable to PBF Energy Inc. stockholders	$ (1,393.2)	$ 333.5	$ 131.3

Consolidated Statements of Co_2

Consolidated Statements of Comprehensive Income PBF LLC STATEMENT OF COMPREHENSIVE INCOME - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Statement of Comprehensive Income [Abstract]
Net income (loss)	$ (1,333.3)	$ 375.2	$ 175.3
Other comprehensive income (loss):
Unrealized (loss) gain on available for sale securities	(0.1)	0.4	(0.1)
Net (loss) gain on pension and other post-retirement benefits	(0.7)	13.8	3.1
Other Comprehensive Income (Loss), Net of Tax	(0.8)	14.2	3
Comprehensive income	(1,334.1)	389.4	178.3
Less: comprehensive income attributable to noncontrolling interests	59.1	55.9	47
Comprehensive income (loss) attributable to PBF Energy Inc. stockholders	(1,393.2)	333.5	131.3
PBF LLC [Member]
Statement of Comprehensive Income [Abstract]
Net income (loss)	(1,720.3)	480	180.1
Other comprehensive income (loss):
Unrealized (loss) gain on available for sale securities	(0.1)	0.4	(0.1)
Net (loss) gain on pension and other post-retirement benefits	3.7	13.8	3.1
Other Comprehensive Income (Loss), Net of Tax	3.6	14.2	3
Comprehensive income	(1,716.7)	494.2	183.1
Less: comprehensive income attributable to noncontrolling interests	76.2	51.5	42.3
Comprehensive income (loss) attributable to PBF Energy Inc. stockholders	$ (1,792.9)	$ 442.7	$ 140.8

Consolidated Statements of Chan

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]	Accumulated Other Comprehensive Loss [Member]	Noncontrolling Interest [Member]	Treasury Stock [Member]
Beginning balance (in shares) at Dec. 31, 2017				110,565,531	25					6,132,884
Beginning balance at Dec. 31, 2017	$ 2,902.9			$ 0.1	$ 0	$ 2,277.7	$ 236.8	$ (25.4)	$ 566.3	$ (152.6)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Comprehensive income	178.3						128.3	3	47
Exercise of warrants and options (in shares)				708,091
Exercise of warrants and options	14					14
Taxes paid for net settlement of equity-based compensation	(5.4)					(4.8)			(0.6)
Distributions to PBF Energy Company LLC members	(2.1)								(2.1)
Distributions to PBF Logistics LP public unitholders	(49.5)								(49.5)
Stock-based compensation (in shares)				43,311
Stock-based compensation	25.4					19.7			5.7
Dividends	(139.3)						(139.3)
Dividends per common share (in dollars per share)		$ 1.20
Stock issued during period (in shares)				6,000,000
Stock issued during period	287.3					287.3
Noncontrolling Interest, Increase from Subsidiary Equity Issuance	34.9					28.6			6.3
Exchange of PBF Energy Company LLC Series A Units for Class A common stock (in shares)				2,698,635	(5)
Exchange of PBF Energy Company LLC Series A Units for Class A common stock	0
Record deferred tax assets and liabilities and tax receivable agreement obligation	(4.9)					(4.9)
Treasury stock purchases (in shares)				141,377						(141,377)
Treasury stock purchases	0					(8.2)				$ (8.2)
Other	6.9					8			(1.1)
Ending balance, shares (in shares) at Dec. 31, 2018				119,874,191	20					6,274,261
Ending balance at Dec. 31, 2018	3,248.5			$ 0.1	$ 0	2,633.8	225.8	(22.4)	572	$ (160.8)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Comprehensive income	389.4						319.4	14.1	55.9
Exercise of warrants and options (in shares)				16,831
Exercise of warrants and options	0.3					0.3
Taxes paid for net settlement of equity-based compensation	(4.8)					(4.6)			(0.2)
Distributions to PBF Energy Company LLC members	(3.2)								(3.2)
Distributions to PBF Logistics LP public unitholders	(64.1)								(64.1)
Stock-based compensation (in shares)				54,475
Stock-based compensation	34					27.2			6.8
Dividends	(143.8)						(143.8)
Dividends per common share (in dollars per share)		$ 1.20
Noncontrolling Interest, Increase from Subsidiary Equity Issuance	132.5					152			(19.5)
Exchange of PBF Energy Company LLC Series A Units for Class A common stock (in shares)				10,000
Exchange of PBF Energy Company LLC Series A Units for Class A common stock	0
Record deferred tax assets and liabilities and tax receivable agreement obligation	(1.3)					(1.3)
Treasury stock purchases (in shares)				150,526						(150,526)
Treasury stock purchases	0					(4.9)				$ (4.9)
Other	(2)					0	(0.2)		(1.8)
Ending balance, shares (in shares) at Dec. 31, 2019		119,804,971	20	119,804,971	20					6,424,787
Ending balance at Dec. 31, 2019	3,585.5			$ 0.1	$ 0	2,812.3	401.2	(8.3)	545.9	$ (165.7)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Comprehensive income	(1,334.1)						(1,392.4)	(0.8)	59.1
Exercise of warrants and options (in shares)				7,500
Exercise of warrants and options	0.2			$ 0		(0.2)
Taxes paid for net settlement of equity-based compensation	(2.1)					(1.2)			(0.9)
Distributions to PBF Energy Company LLC members	(0.4)								(0.4)
Distributions to PBF Logistics LP public unitholders	(46.8)								(46.8)
Stock-based compensation (in shares)				159,185
Stock-based compensation	33.1					28.2			4.9
Dividends	(35.9)						(35.9)
Dividends per common share (in dollars per share)		$ 0.30
Exchange of PBF Energy Company LLC Series A Units for Class A common stock (in shares)				254,647	(4)
Exchange of PBF Energy Company LLC Series A Units for Class A common stock	0			$ 0		2.3			(2.3)
Record deferred tax assets and liabilities and tax receivable agreement obligation	(2.1)					(2.1)
Treasury stock purchases (in shares)				(124,662)						(124,662)
Treasury stock purchases	0					(1.6)				$ (1.6)
Other	(4.9)					(4.9)	0	0	0
Ending balance, shares (in shares) at Dec. 31, 2020		120,101,641	16	120,101,641	16					6,549,449
Ending balance at Dec. 31, 2020	$ 2,202.3			$ 0.1	$ 0	$ 2,846.2	$ (1,027.1)	$ (9.1)	$ 559.5	$ (167.3)

Consolidated Statements of Ch_2

Consolidated Statements of Changes in Equity PBF LLC STATEMENT OF CHANGES IN EQUITY - USD ($) $ in Millions	Total	Accumulated Other Comprehensive Loss [Member]	Retained Earnings [Member]	Noncontrolling Interest [Member]	Treasury Stock [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]Accumulated Other Comprehensive Loss [Member]	PBF LLC [Member]Retained Earnings [Member]	PBF LLC [Member]Noncontrolling Interest [Member]	PBF LLC [Member]Treasury Stock [Member]
Beginning balance (in shares) at Dec. 31, 2017					6,132,884		3,767,464	110,586,762
Beginning balance at Dec. 31, 2017	$ 2,902.9	$ (25.4)	$ 236.8	$ 566.3	$ (152.6)	$ 2,878.5	$ 40.1	$ 1,655	$ (26.9)	$ 906.8	$ 456.1	$ (152.6)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Comprehensive income	178.3	3	128.3	47		183.1			3	137.8	42.3
Exercise of warrants and options (in shares)							137,496	708,091
Exercise of warrants and options	14					(8.5)	$ (2.6)	$ (5.9)
Exchange of PBF Energy Company LLC Series A Units for Class A common stock (in shares)							(2,698,635)	2,698,635
Exchange of PBF Energy Company LLC Series A Units for Class A common stock	0					0	$ (17.3)	$ (17.3)
Stock issued during period (in shares)								6,000,000
Stock issued during period	(287.3)					(287.3)		$ (287.3)
Treasury stock purchases (in shares)					(141,377)			(141,377)
Distribution To Unitholders						(190.9)				(141.4)	(49.5)
Noncontrolling Interest	34.9					34.9		$ 28.6			6.3
Stock-based compensation (in shares)								43,311
Stock-based compensation	25.4			5.7		25.4		$ 19.7			5.7
Treasury stock purchases	0				$ (8.2)	0		8.2				(8.2)
Other	6.9			(1.1)		9.6		$ (0.4)		11.1	(1.1)
Ending balance, shares (in shares) at Dec. 31, 2018					6,274,261		1,206,325	119,895,422
Ending balance at Dec. 31, 2018	3,248.5	(22.4)	225.8	572	$ (160.8)	3,219.4	$ 20.2	$ 2,009.8	(23.9)	914.3	459.8	(160.8)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Comprehensive income	389.4	14.1	319.4	55.9		494.2			14.2	428.5	51.5
Exercise of warrants and options (in shares)							18,992	16,831
Exercise of warrants and options	0.3					(4.7)	$ (0.1)	$ (4.6)
Exchange of PBF Energy Company LLC Series A Units for Class A common stock (in shares)							(10,000)	10,000
Exchange of PBF Energy Company LLC Series A Units for Class A common stock	0					0	$ 0.1	$ (0.1)
Treasury stock purchases (in shares)					(150,526)			(150,526)
Distribution To Unitholders						(264.5)				(200.4)	(64.1)
Noncontrolling Interest	132.5					132.5		$ 152			(19.5)
Stock-based compensation (in shares)								54,475
Stock-based compensation	34			6.8		34		$ 27.2			6.8
Treasury stock purchases	0				$ (4.9)	0		$ 4.9				(4.9)
Other	(2)		(0.2)	(1.8)		(1.8)					(1.8)
Ending balance, shares (in shares) at Dec. 31, 2019					6,424,787		1,215,317	119,826,202
Ending balance at Dec. 31, 2019	3,585.5	(8.3)	401.2	545.9	$ (165.7)	3,609.1	$ 20	$ 2,189.4	(9.7)	1,142.4	432.7	(165.7)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Comprehensive income	(1,334.1)	(0.8)	(1,392.4)	59.1		(1,716.7)			3.6	(1,796.5)	76.2
Exercise of warrants and options (in shares)							9,977	7,500
Exercise of warrants and options	0.2					(1.3)	$ (0.1)	$ (1.2)
Exchange of PBF Energy Company LLC Series A Units for Class A common stock (in shares)							(254,647)	254,647
Exchange of PBF Energy Company LLC Series A Units for Class A common stock	0			2.3		0	$ 2.3	$ (2.3)
Treasury stock purchases (in shares)					(124,662)			(124,662)
Distribution To Unitholders						(83.1)				(36.3)	(46.8)
Stock-based compensation (in shares)								159,185
Stock-based compensation	33.1			4.9		33.1		$ 28.2			4.9
Treasury stock purchases	0				$ (1.6)	0		$ 1.6				(1.6)
Other	(4.9)	0	0	0		(1)				(0.1)	(0.9)
Ending balance, shares (in shares) at Dec. 31, 2020					6,549,449		970,647	120,122,872
Ending balance at Dec. 31, 2020	$ 2,202.3	$ (9.1)	$ (1,027.1)	$ 559.5	$ (167.3)	$ 1,840.1	$ 17.6	$ 2,220.3	$ (6.1)	$ (690.5)	$ 466.1	$ (167.3)

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Net income (loss)	$ (1,333.3)	$ 375.2	$ 175.3
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities:
Depreciation and amortization	581.1	447.5	378.6
Impairment expense	98.8	0	0
Stock-based compensation	34.2	37.3	26
Change in fair value of catalyst obligations	11.8	9.7	(5.6)
Deferred income taxes	1.6	103.7	32.7
Change in Tax Receivable Agreement liability	(373.5)	0	(13.9)
Non-cash change in inventory repurchase obligations	(12.6)	25.4	(31.8)
Non-cash lower of cost or market inventory adjustment	268	(250.2)	351.3
Change in contingent consideration	(93.7)	(0.8)	0
Debt extinguishment costs	22.2	0	0
Pension and other post-retirement benefit costs	55.7	44.8	47.4
Gain on sale of assets	(477.8)	(29.9)	(43.1)
Changes in operating assets and liabilities:
Accounts receivable	322.1	(116.1)	234.3
Inventories	392.2	(6.3)	(3.3)
Prepaid and other current assets	(1.8)	2.7	10.1
Accounts payable	(206.6)	137.5	(111.6)
Accrued expenses	116	208.1	(227.1)
Deferred revenue	27.1	0.1	11.2
Other assets and liabilities	(63.1)	(55.2)	7.5
Net cash (used in) provided by operating activities	(631.6)	933.5	838
Cash flows from investing activities:
Expenditures for property, plant and equipment	(196.2)	(404.9)	(317.5)
Expenditures for deferred turnaround costs	(188.1)	(299.3)	(266)
Expenditures for other assets	(9.1)	(44.7)	(17)
Proceeds from sale of assets	543.1	36.3	48.3
Net cash used in investing activities	(1,026.5)	(712.6)	(685.6)
Cash flows from financing activities:
Net proceeds from issuance of PBF Energy Class A common stock	0	0	287.3
Net proceeds from issuance of PBFX common units	0	132.5	34.9
Dividend payments	(35.9)	(143.5)	(139)
Distributions to PBFX public unitholders	(45.9)	(62.5)	(48.2)
Distributions to PBF Energy Company LLC members other than PBF Energy	(0.4)	(3.2)	(2.1)
Proceeds from Lines of Credit	1,450	1,350	0
Repayments of Lines of Credit	(550)	(1,350)	(350)
Repayments of note payable	0	0	(5.6)
Deferred payment for the East Coast Storage Assets Acquisition	0	(32)	0
Settlements of catalyst obligations	(8.8)	(6.5)	(9.1)
Proceeds from catalyst financing arrangements	51.9	0	0
Payments on financing leases	(12.4)	0	0
Taxes paid for net settlement of equity-based compensation	(2.1)	(4.8)	(5.4)
Proceeds from stock options exercised	0	0	14
Purchases of treasury stock	(1.6)	(4.9)	(8.2)
Deferred financing costs and other	(35)	1.6	(16.2)
Net cash provided by (used in) financing activities	2,452.7	(3.3)	(128.1)
Net increase in cash and cash equivalents	794.6	217.6	24.3
Cash and equivalents, beginning of period	814.9	597.3	573
Cash and equivalents, end of period	1,609.5	814.9	597.3
Non-cash activities:
Accrued and unpaid capital expenditures	32.1	37.2	90.2
Assets acquired under operating and financing leases	702	434.9	0
Cash paid during year for:
Interest, net of capitalized interest of $12.6, $18.1 and $9.5 in 2020, 2019 and 2018, respectively	206.9	154	164.4
Capitalized interest	12.6	18.1	9.5
Income taxes	2.1	2.7	0.7
PBFX Revolving Credit Facility [Member]
Cash flows from financing activities:
Proceeds from Lines of Credit	100	228	170
Repayments of Lines of Credit	(183)	(101)	(43.7)
2023 Senior Notes [Member]
Cash flows from financing activities:
Repayments of Long-term Debt	(517.5)	0	0
Rail Term Loan [Member]
Cash flows from financing activities:
Repayments of Long-term Debt	(7.2)	(7)	(6.8)
2025 Senior Secured Notes [Member]
Cash flows from financing activities:
Proceeds from Issuance of Long-term Debt	1,250.6	0	0
2028 Senior Notes [Member]
Cash flows from financing activities:
Proceeds from Issuance of Long-term Debt	1,000	0	0
Martinez Acquisition
Cash flows from investing activities:
Payments to Acquire Businesses, Gross	(1,176.2)	0	0
Non-cash activities:
Fair value of the Martinez Contingent Consideration at acquisition	77.3	0	0
Knoxville Terminals Purchase [Member]
Cash flows from investing activities:
Payments to Acquire Businesses, Gross	0	0	(58.4)
East Coast Storage Assets Acquisition [Member]
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities:
Change in contingent consideration	16.4
Cash flows from investing activities:
Payments to Acquire Businesses, Gross	0	0	(75)
Non-cash activities:
Deferred payment for PBFX East Coast Storage Assets Acquisition	0	0	30.9
East Coast Storage Assets Contingent Consideration at acquisition	$ 0	$ 0	$ 21.1

Consolidated Statements of Ca_2

Consolidated Statements of Cash Flows PBF LLC STATEMENT OF CASH FLOW - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Net Cash Provided by (Used in) Operating Activities [Abstract]
Net income (loss)	$ (1,333.3)	$ 375.2	$ 175.3
Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities [Abstract]
Depreciation and amortization	581.1	447.5	378.6
Impairment expense	98.8	0	0
Stock-based compensation	34.2	37.3	26
Change in fair value of catalyst obligations	11.8	9.7	(5.6)
Deferred income taxes	1.6	103.7	32.7
Change in Tax Receivable Agreement liability	(373.5)	0	(13.9)
Non-cash change in inventory repurchase obligations	(12.6)	25.4	(31.8)
Non-cash lower of cost or market inventory adjustment	268	(250.2)	351.3
Change in fair value of contingent consideration	(93.7)	(0.8)	0
Debt extinguishment costs	22.2	0	0
Pension and other post-retirement benefit costs	55.7	44.8	47.4
Gain on sale of assets	(477.8)	(29.9)	(43.1)
Changes in operating assets and liabilities:
Accounts receivable	322.1	(116.1)	234.3
Inventories	392.2	(6.3)	(3.3)
Prepaid and other current assets	(1.8)	2.7	10.1
Accounts payable	(206.6)	137.5	(111.6)
Accrued expenses	116	208.1	(227.1)
Deferred revenue	27.1	0.1	11.2
Other assets and liabilities	(63.1)	(55.2)	7.5
Net cash (used in) provided by operating activities	(631.6)	933.5	838
Cash flows from investing activities:
Expenditures for property, plant and equipment	(196.2)	(404.9)	(317.5)
Expenditures for deferred turnaround costs	(188.1)	(299.3)	(266)
Expenditures for other assets	(9.1)	(44.7)	(17)
Proceeds from sale of assets	543.1	36.3	48.3
Net cash used in investing activities	(1,026.5)	(712.6)	(685.6)
Cash flows from financing activities:
Proceeds from Issuance of Common Stock	0	0	287.3
Dividend payments	(35.9)	(143.5)	(139)
Distributions to PBFX public unitholders	(45.9)	(62.5)	(48.2)
Proceeds from Lines of Credit	1,450	1,350	0
Repayments of Lines of Credit	(550)	(1,350)	(350)
Repayments of note payable	0	0	(5.6)
Deferred payment for the East Coast Storage Assets Acquisition	0	(32)	0
Settlements of catalyst obligations	(8.8)	(6.5)	(9.1)
Proceeds from catalyst financing arrangements	51.9	0	0
Payments on financing leases	(12.4)	0	0
Taxes paid for net settlement of equity-based compensation	(2.1)	(4.8)	(5.4)
Proceeds from stock options exercised	0	0	14
Purchases of treasury stock	(1.6)	(4.9)	(8.2)
Deferred financing costs and other	(35)	1.6	(16.2)
Net cash provided by (used in) financing activities	2,452.7	(3.3)	(128.1)
Net increase in cash and cash equivalents	794.6	217.6	24.3
Cash and equivalents, beginning of period	814.9	597.3	573
Cash and equivalents, end of period	1,609.5	814.9	597.3
Non-cash activities:
Accrued and unpaid capital expenditures	32.1	37.2	90.2
Assets acquired under operating and financing leases	702	434.9	0
Cash paid during year for:
Interest, net of capitalized interest of $12.6, $18.1 and $9.5 in 2020, 2019 and 2018, respectively	206.9	154	164.4
Capitalized interest	12.6	18.1	9.5
Income taxes	2.1	2.7	0.7
PBF LLC [Member]
Net Cash Provided by (Used in) Operating Activities [Abstract]
Net income (loss)	(1,720.3)	480	180.1
Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities [Abstract]
Depreciation and amortization	581.1	447.5	378.6
Impairment expense	98.8	0	0
Stock-based compensation	34.2	37.3	26
Change in fair value of catalyst obligations	11.8	9.7	(5.6)
Deferred income taxes	7.3	(8.8)	7.2
Non-cash change in inventory repurchase obligations	(12.6)	25.4	(31.8)
Non-cash lower of cost or market inventory adjustment	268	(250.2)	351.3
Change in fair value of contingent consideration	(93.7)	(0.8)	0
Debt extinguishment costs	22.2	0	0
Pension and other post-retirement benefit costs	55.7	44.8	47.4
Gain on sale of assets	(477.8)	(29.9)	(43.1)
Changes in operating assets and liabilities:
Accounts receivable	321	(115.1)	234.3
Inventories	392.2	(6.3)	(3.3)
Prepaid and other current assets	(1.8)	2.2	(1.1)
Accounts payable	(206.6)	137.5	(111.6)
Accrued expenses	124.9	219.5	(226.3)
Deferred revenue	27.1	0.1	11.2
Other assets and liabilities	(63.7)	(56)	7.4
Net cash (used in) provided by operating activities	(632.2)	936.9	820.7
Cash flows from investing activities:
Expenditures for property, plant and equipment	(196.2)	(404.9)	(317.5)
Expenditures for deferred turnaround costs	(188.1)	(299.3)	(266)
Expenditures for other assets	(9.1)	(44.7)	(17)
Proceeds from sale of assets	543.1	36.3	48.3
Net cash used in investing activities	(1,026.5)	(712.6)	(685.6)
Cash flows from financing activities:
Proceeds from Issuance of Common Stock	0	0	287.3
Dividend payments	(36.3)	(146.7)	(141.1)
Distributions to PBFX public unitholders	(45.9)	(62.5)	(48.2)
Proceeds from Lines of Credit	1,450	1,350	0
Repayments of Lines of Credit	(550)	(1,350)	(350)
Affiliate note payable with PBF Energy Inc.	(0.1)	(3.1)	44.1
Repayments of note payable	0	0	(5.6)
Deferred payment for the East Coast Storage Assets Acquisition	0	(32)	0
Settlements of catalyst obligations	(8.8)	(6.5)	(9.1)
Proceeds from catalyst financing arrangements	51.9	0	0
Payments on financing leases	(12.4)	0	0
Taxes paid for net settlement of equity-based compensation	(2.1)	(4.8)	(8.7)
Proceeds from stock options exercised	0	0	0.2
Purchases of treasury stock	(1.6)	(4.9)	(8.2)
Deferred financing costs and other	(35.3)	1.4	(16.2)
Net cash provided by (used in) financing activities	2,452.3	(6.6)	(101.1)
Net increase in cash and cash equivalents	793.6	217.7	34
Cash and equivalents, beginning of period	813.7	596	562
Cash and equivalents, end of period	1,607.3	813.7	596
Non-cash activities:
Accrued and unpaid capital expenditures	32.1	37.2	90.2
Assets acquired under operating and financing leases	702	434.9	0
Cash paid during year for:
Interest, net of capitalized interest of $12.6, $18.1 and $9.5 in 2020, 2019 and 2018, respectively	206.9	154	164.4
Capitalized interest	12.6	18.1	9.5
Income taxes	1	1.2	0.6
PBF Logistics LP [Member]
Cash flows from financing activities:
Proceeds from Issuance of Common Stock	0	132.5	34.9
Knoxville Terminals Purchase [Member]
Cash flows from investing activities:
Payments to Acquire Businesses, Gross	0	0	(58.4)
Knoxville Terminals Purchase [Member] \| PBF LLC [Member]
Cash flows from investing activities:
Payments to Acquire Businesses, Gross	0	0	(58.4)
East Coast Storage Assets Acquisition [Member]
Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities [Abstract]
Change in fair value of contingent consideration	16.4
Cash flows from investing activities:
Payments to Acquire Businesses, Gross	0	0	(75)
Non-cash activities:
Other Payments to Acquire Businesses	0	0	(30.9)
East Coast Storage Assets Acquisition contingent consideration	0	0	21.1
East Coast Storage Assets Acquisition [Member] \| PBF LLC [Member]
Cash flows from investing activities:
Payments to Acquire Businesses, Gross	0	0	(75)
Non-cash activities:
Other Payments to Acquire Businesses	0	0	(30.9)
East Coast Storage Assets Acquisition contingent consideration	0	0	21.1
Martinez Acquisition
Cash flows from investing activities:
Payments to Acquire Businesses, Gross	(1,176.2)	0	0
Non-cash activities:
Fair value of the Martinez Contingent Consideration at acquisition	77.3	0	0
Martinez Acquisition \| PBF LLC [Member]
Cash flows from investing activities:
Payments to Acquire Businesses, Gross	(1,176.2)	0	0
Non-cash activities:
Fair value of the Martinez Contingent Consideration at acquisition	77.3	0	0
Rail Term Loan [Member]
Cash flows from financing activities:
Repayments of Long-term Debt	(7.2)	(7)	(6.8)
Rail Term Loan [Member] \| PBF LLC [Member]
Cash flows from financing activities:
Repayments of Long-term Debt	(7.2)	(7)	(6.8)
PBFX Revolving Credit Facility [Member]
Cash flows from financing activities:
Proceeds from Lines of Credit	100	228	170
Repayments of Lines of Credit	(183)	(101)	(43.7)
PBFX Revolving Credit Facility [Member] \| PBF LLC [Member]
Cash flows from financing activities:
Proceeds from Lines of Credit	100	228	170
Repayments of Lines of Credit	(183)	(101)	(43.7)
2025 Senior Secured Notes [Member]
Cash flows from financing activities:
Proceeds from Issuance of Long-term Debt	1,250.6	0	0
2025 Senior Secured Notes [Member] \| PBF LLC [Member]
Cash flows from financing activities:
Proceeds from Issuance of Long-term Debt	1,250.6	0	0
2028 Senior Notes [Member]
Cash flows from financing activities:
Proceeds from Issuance of Long-term Debt	1,000	0	0
2028 Senior Notes [Member] \| PBF LLC [Member]
Cash flows from financing activities:
Proceeds from Issuance of Long-term Debt	1,000	0	0
2023 Senior Notes [Member]
Cash flows from financing activities:
Repayments of Long-term Debt	(517.5)	0	0
2023 Senior Notes [Member] \| PBF LLC [Member]
Cash flows from financing activities:
Repayments of Long-term Debt	$ (517.5)	$ 0	$ 0

DESCRIPTION OF THE BUSINESS AND

DESCRIPTION OF THE BUSINESS AND BASIS OF PRESENTATION	12 Months Ended
DESCRIPTION OF THE BUSINESS AND BASIS OF PRESENTATION	Dec. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
DESCRIPTION OF THE BUSINESS AND BASIS OF PRESENTATION	1. 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 Consolidated Financial Statements representing the economic interests of PBF LLC’s members other than PBF Energy (refer to “Note 17 - Noncontrolling Interests”). PBF Energy holds a 99.2% economic interest in PBF LLC as of December 31, 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. 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 (“PRC”), Delaware City Refining Company LLC (“DCR”), 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 Consolidated Financial Statements that either apply only to PBF Energy or PBF LLC are clearly noted in such footnotes. As of December 31, 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 3 - 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 17 - Noncontrolling Interests”). 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. Public Offerings In connection with certain of the secondary offerings completed in 2015, 2014 and 2013, investment funds associated with the initial investors in PBF LLC exchanged all of their PBF LLC Series A Units for an equal number of shares of PBF Energy Class A common stock which were subsequently sold to the public and, accordingly, no longer hold any PBF LLC Series A Units. The holders of PBF LLC Series B Units, which include certain current and former executive officers of PBF Energy, had the right to receive a portion of the proceeds of the sale of the PBF Energy Class A common stock by the investment funds associated with the initial investors in PBF LLC. PBF Energy did not receive any proceeds from any of the secondary offerings. Since the secondary offerings, PBF Energy has completed a series of follow-on equity offerings. Such transactions occurring in the three years ended December 31, 2020 are discussed in “Note 17 - Noncontrolling Interests”. As a result of these equity offerings and certain other transactions such as stock option exercises, as of December 31, 2020, PBF Energy owned 120,122,872 PBF LLC Series C Units and the Company’s current and former executive officers and directors and certain employees and others beneficially owned 970,647 PBF LLC Series A Units. As of December 31, 2020, the holders of PBF Energy’s issued and outstanding shares of Class A common stock have 99.2% of the voting power in the Company and the members of PBF LLC other than PBF Energy through their holdings of Class B common stock have the remaining 0.8% of the voting power in the Company. Tax Receivable Agreement PBF LLC intends to have an election under Section 754 of the Internal Revenue Code in effect for each taxable year in which an exchange of PBF LLC Series A Units for PBF Energy Class A common stock as described above occurs, which may result in an adjustment to the tax basis of the assets of PBF LLC at the time of an exchange of PBF LLC Series A Units. As a result of both the initial purchase of PBF LLC Series A Units from the PBF LLC Series A unitholders in connection with the initial public offering of PBF Energy Class A common stock which closed on December 18, 2012 and subsequent exchanges, PBF Energy will become entitled to a proportionate share of the existing tax basis of the assets of PBF LLC. In addition, the purchase of PBF LLC Series A Units and subsequent exchanges have resulted in and are expected to continue to result in increases in the tax basis of the assets of PBF LLC that otherwise would not have been available. Both this proportionate share and these increases in tax basis may reduce the amount of tax that PBF Energy would otherwise be required to pay in the future. These increases in tax basis may also decrease gains (or increase losses) on future dispositions of certain capital assets to the extent tax basis is allocated to those capital assets. COVID-19 and Market Developments The impact of the unprecedented global health and economic crisis sparked by the novel coronavirus (“COVID-19”) pandemic and related adverse impact on economic and commercial activity has resulted in a significant reduction in demand for refined petroleum and petrochemical products. This significant demand reduction has had an adverse impact on the Company’s results of operations and liquidity position for the year ended December 31, 2020. In response, the Company has reduced throughput rates across its entire refining system and is currently operating all refineries at reduced rates.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	Dec. 31, 2020
Accounting Policies [Abstract]
SIGNIFICANT ACCOUNTING POLICIES	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Principles of Consolidation and Presentation These Consolidated Financial Statements include the accounts of PBF Energy and subsidiaries in which PBF Energy has a controlling interest. All intercompany accounts and transactions have been eliminated in consolidation. Cost Classifications Cost of products and other consists of the cost of crude oil, other feedstocks, blendstocks and purchased refined products and the related in-bound freight and transportation costs. Operating expenses (excluding depreciation and amortization) consists of direct costs of labor, maintenance and services, utilities, property taxes, environmental compliance costs and other direct operating costs incurred in connection with our refining operations. Such expenses exclude depreciation related to refining and logistics assets that are integral to the refinery production process, which is presented separately as Depreciation and amortization expense as a component of Cost of sales on the Company’s Consolidated Statements of Operations. Reclassification As of December 31, 2020, Financing lease right of use assets, previously included in Deferred charges and other assets, net, in the 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 Consolidated Balance Sheets, are presented as separate line items in the 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. Use of Estimates The preparation of the financial statements in conformity with accounting principles generally accepted in the United States (“GAAP”) requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses and the related disclosures. Actual results could differ from those estimates. Impairment Assessment The global crisis resulting from the spread of the 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, enduring throughput reductions across the Company’s refineries and continued decrease in demand for the Company’s products, the Company determined an impairment triggering event had occurred as of December 31, 2020. As such, the Company performed an impairment assessment on its long-lived assets as of December 31, 2020. As a result of the 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. In connection with the Company’s ongoing strategic response plan to deal with the COVID-19 pandemic and its East Coast Refining Reconfiguration (as defined in “Note 7 - Property, Plant and Equipment, net”), it recorded an impairment charge of approximately $91.8 million associated to the write-down of certain assets and project abandonments. Refer to “Note 7 - Property, Plant and Equipment, net” for further details. As discussed further in “Note 3 - PBF Logistics LP” and “Note 14 - Commitments and Contingencies”, PBFX recognized an impairment charge of $7.0 million during the third quarter of 2020 as a result of a third party contract termination which led to the write-down of certain processing unit assets and a customer contract intangible asset that were directly tied to the contract. If adverse market conditions persist or there is further deterioration in the general economic environment due to the COVID-19 pandemic, there could be additional indicators that the Company’s assets are impaired requiring evaluation that may result in future impairment charges to earnings. Business Combinations We use the acquisition method of accounting for the recognition of assets acquired and liabilities assumed in business combinations at their estimated fair values as of the date of acquisition. Any excess consideration transferred over the estimated fair values of the identifiable net assets acquired is recorded as goodwill. Significant judgment is required in estimating the fair value of assets acquired. As a result, in the case of significant acquisitions, we obtain the assistance of third-party valuation specialists in estimating fair values of tangible and intangible assets based on available historical information and on expectations and assumptions about the future, considering the perspective of marketplace participants. While management believes those expectations and assumptions are reasonable, they are inherently uncertain. Unanticipated market or macroeconomic events and circumstances may occur, which could affect the accuracy or validity of the estimates and assumptions. Certain of the Company’s acquisitions may include earn-out provisions or other forms of contingent consideration. As of the acquisition date, the Company records contingent consideration, as applicable, at the estimated fair value of expected future payments associated with the earn-out. Any changes to the recorded fair value of contingent consideration, subsequent to the measurement period, will be recognized as earnings in the period in which it occurs. Cash and Cash Equivalents The Company considers all highly liquid investments with original maturities of three months or less to be cash equivalents. The carrying amount of the cash equivalents approximates fair value due to the short-term maturity of those instruments. Concentrations of Credit Risk For the year ended December 31, 2020, only one customer, Royal Dutch Shell, accounted for 10% or more of the Company’s revenues (approximately 13%). For the years ended December 31, 2019, and 2018 no single customer amounted to greater than or equal to 10% of the Company’s revenues. As of December 31, 2020, only one customer, Royal Dutch Shell, accounted for 10% or more of the Company’s total trade accounts receivable (approximately 16%). No single customer accounted for 10% or more of the Company’s total trade accounts receivable as of December 31, 2019. Revenue, Deferred Revenue and Accounts Receivable Effective January 1, 2018, the Company adopted ASC 606, Revenues from Contracts with Customers (“ASC 606”). As a result, the Company has changed its accounting policy for the recognition of revenue from contracts with customers. The Company sells various refined products primarily through its refinery subsidiaries and recognizes revenue related to the sale of products when control of the promised goods or services is transferred to the customers, in an amount that reflects the consideration the Company expects to be entitled to in exchange for those goods or services. Refer to “Note 20 - Revenues” for further discussion of the Company’s revenue recognition policy, including deferred revenues and the practical expedients elected as part of the transition to ASC 606. During 2019, PBF Holding and its subsidiaries, DCR and PRC, entered into amendments to the existing inventory intermediation agreements (as amended in the first quarter of 2019 and amended and restated in the third quarter of 2019, the “Inventory Intermediation Agreements”) with J. Aron & Company, a subsidiary of The Goldman Sachs Group, Inc. (“J. Aron”), pursuant to which certain terms of the existing inventory intermediation agreements were amended, including, among other things, the maturity date. On March 29, 2019 the Inventory Intermediation Agreement by and among J. Aron, PBF Holding and DCR was amended to add the East Coast Storage Assets (as defined in “Note 3 - PBF Logistics LP”) as a location and crude oil as a new product type to be included in the J. Aron Products (as defined in “Note 6 - Inventories”) sold to J. Aron by DCR. On August 29, 2019 the Inventory Intermediation Agreement by and among J. Aron, PBF Holding and PRC was extended to December 31, 2021, which term may be further extended by mutual consent of the parties to December 31, 2022 and the Inventory Intermediation Agreement by and among J. Aron, PBF Holding and DCR was extended to June 30, 2021, which term may be further extended by mutual consent of the parties to June 30, 2022. Pursuant to each Inventory Intermediation Agreement, J. Aron purchases and holds title to the J. Aron Products produced by the refinery and delivered into the J. Aron Storage Tanks (as defined in “Note 6 - Inventories”). The J. Aron Products are sold back to the Company as the J. Aron Products are discharged out of the J. Aron Storage Tanks. These purchases and sales are settled monthly at the daily market prices related to those J. Aron Products. These transactions are considered to be made in contemplation of each other and, accordingly, do not result in the recognition of a sale when title passes from the Delaware City and Paulsboro refineries to J. Aron. Additionally, J. Aron has the right to store the J. Aron Products purchased in J. Aron Storage Tanks under the Inventory Intermediation Agreements and will retain these storage rights for the term of the agreements. PBF Holding continues to market and sell the J. Aron Products independently to third parties. Accounts receivable are carried at invoiced amounts. An allowance for doubtful accounts is established, if required, to report such amounts at their estimated net realizable value. In estimating probable losses, management reviews accounts that are past due and determines if there are any known disputes. There was no allowance for doubtful accounts at December 31, 2020 and 2019. Excise taxes on sales of refined products that are collected from customers and remitted to various governmental agencies are reported on a net basis. Inventory Inventories are carried at the lower of cost or market. The cost of crude oil, feedstocks, blendstocks and refined products are determined under the last-in first-out (“LIFO”) method using the dollar value LIFO method with increments valued based on average purchase prices during the year. The cost of supplies and other inventories is determined principally on the weighted average cost method. Leases Effective January 1, 2019, the Company adopted Financial Accounting Standards Board (“FASB”) Accounting Standards Update (“ASU”) 2016-02, Leases (“ASC 842”), using the modified retrospective approach. As of the date of implementation on January 1, 2019, the impact of the adoption of ASC 842 resulted in the recognition of a right of use asset and lease liability on the Company’s Consolidated Balance Sheets of approximately $250.0 million. The Company leases office space, office equipment, refinery facilities and equipment, railcars and other logistics assets primarily under non-cancelable operating leases, with terms typically ranging from one twenty 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, the Company accounts for the non-lease service component separately. Property, Plant and Equipment Property, plant and equipment additions are recorded at cost. The Company capitalizes costs associated with the preliminary, pre-acquisition and development/construction stages of a major construction project. The Company capitalizes the interest cost associated with major construction projects based on the effective interest rate of total borrowings. The Company also capitalizes costs incurred in the acquisition and development of software for internal use, including the costs of software, materials, consultants and payroll-related costs for employees incurred in the application development stage. Depreciation is computed using the straight-line method over the following estimated useful lives: Process units and equipment 5-25 years Pipeline and equipment 5-25 years Buildings 25 years Computers, furniture and fixtures 3-7 years Leasehold improvements 20 years Railcars 50 years Maintenance and repairs are charged to operating expenses as they are incurred. Improvements and betterments, which extend the lives of the assets, are capitalized. Deferred Charges and Other Assets, Net Deferred charges and other assets include refinery turnaround costs, catalyst, precious metal catalysts, linefill, deferred financing costs and intangible assets. Refinery turnaround costs, which are incurred in connection with planned major maintenance activities, are capitalized when incurred and amortized on a straight-line basis over the period of time estimated to lapse until the next turnaround occurs. The amortization period generally ranges from 3 to 6 years; however, based upon the specific facts and circumstances, different periods of deferral occur. As a result of the East Coast Refining Reconfiguration (as defined in “Note 7 - Property, Plant and Equipment, net), certain major processing units were temporarily idled. As such, the Company accelerated the recognition of approximately $56.2 million of unamortized deferred turnaround costs associated with these idled units. Precious metal catalysts, linefill and certain other intangibles are considered indefinite-lived assets as they are not expected to deteriorate in their prescribed functions. Such assets are assessed for impairment in connection with the Company’s review of its long-lived assets. Deferred financing costs are capitalized when incurred and amortized over the life of the loan (generally 1 to 8 years). Intangible assets with finite lives primarily consist of emission credits, permits and customer relationships and are amortized over their estimated useful lives (generally 1 to 10 years). Long-Lived Assets and Definite-Lived Intangibles The Company reviews its long-lived assets for impairment whenever events or changes in circumstances indicate the carrying value may not be recoverable. Impairment is evaluated by comparing the carrying value of the long-lived assets to the estimated undiscounted future cash flows expected to result from use of the assets and their ultimate disposition. If such analysis indicates that the carrying value of the long-lived assets is not considered to be recoverable, the carrying value is reduced to the fair value. Impairment assessments inherently involve judgment as to assumptions about expected future cash flows and the impact of market conditions on those assumptions. Although management utilizes assumptions that it believes are reasonable, future events and changing market conditions may impact management’s assumptions, which could produce different results. Asset Retirement Obligations The Company records an asset retirement obligation at fair value for the estimated cost to retire a tangible long-lived asset at the time the Company incurs that liability, which is generally when the asset is purchased, constructed, or leased. The Company records the liability when it has a legal or contractual obligation to incur costs to retire the asset and when a reasonable estimate of the fair value of the liability can be made. If a reasonable estimate cannot be made at the time the liability is incurred, the Company will record the liability when sufficient information is available to estimate the liability’s fair value. Certain of the Company’s asset retirement obligations are based on its legal obligation to perform remedial activity at its refinery sites when it permanently ceases operations of the long-lived assets. The Company therefore considers the settlement date of these obligations to be indeterminable. Accordingly, the Company cannot calculate an associated asset retirement liability for these obligations at this time. The Company will measure and recognize the fair value of these asset retirement obligations when the settlement date is determinable. Environmental Matters Liabilities for future remediation costs are recorded when environmental assessments and/or remedial efforts are probable and the costs can be reasonably estimated. Other than for assessments, the timing and magnitude of these accruals generally are based on the completion of investigations or other studies or a commitment to a formal plan of action. Environmental liabilities are based on best estimates of probable future costs using currently available technology and applying current regulations, as well as the Company’s own internal environmental policies. The measurement of environmental remediation liabilities may be discounted to reflect the time value of money if the aggregate amount and timing of cash payments of the liabilities are fixed or reliably determinable. The actual settlement of the Company’s liability for environmental matters could materially differ from its estimates due to a number of uncertainties such as the extent of contamination, changes in environmental laws and regulations, potential improvements in remediation technologies and the participation of other responsible parties. Stock-Based Compensation Stock-based compensation includes the accounting effect of options to purchase PBF Energy Class A common stock granted by the Company to certain employees, Series A warrants issued or granted by PBF LLC to employees in connection with their acquisition of PBF LLC Series A units, options to acquire Series A units of PBF LLC granted by PBF LLC to certain employees, Series B units of PBF LLC that were granted to certain members of management and restricted PBF LLC Series A Units and restricted PBF Energy Class A common stock granted to certain directors and officers. The estimated fair value of the options to purchase PBF Energy Class A common stock and the PBF LLC Series A warrants and options is based on the Black-Scholes option pricing model and the fair value of the PBF LLC Series B units is estimated based on a Monte Carlo simulation model. The estimated fair value is amortized as stock-based compensation expense on a straight-line method over the vesting period and included in General and administrative expense with forfeitures recognized in the period they occur. Additionally, stock-based compensation includes unit-based compensation provided to certain officers, non-employee directors and seconded employees of PBFX’s general partner, PBF GP, or its affiliates, consisting of PBFX phantom units. The fair value of PBFX’s phantom units are measured based on the fair market value of the underlying common units on the date of grant based on the common unit closing price on the grant date. The estimated fair value of PBFX’s phantom units is amortized over the vesting period using the straight-line method. Awards vest over a four PBF Energy grants performance share unit awards and performance unit awards to certain key employees. Performance awards granted to employees prior to November 1, 2020 are based on a three-year performance cycle with four measurement periods and performance awards granted to employees after November 1, 2020 are based on a three-year performance cycle having a single measurement period. The payout for each, which ranges from 0% to 200%, is based on the relative ranking of the total shareholder return (“TSR”) of PBF Energy’s common stock as compared to the TSR of a selected group of industry peer companies over an average of four measurement periods. The performance share unit awards and performance unit awards are each measured at fair value based on Monte Carlo simulation models. The performance share unit awards will be settled in PBF Energy Class A common stock and are accounted for as equity awards and the performance unit awards will be settled in cash and are accounted for as liability awards. Income Taxes As a result of the PBF Energy’s acquisition of PBF LLC Series A Units or exchanges of PBF LLC Series A Units for PBF Energy Class A common stock, PBF Energy expects to benefit from amortization and other tax deductions reflecting the step up in tax basis in the acquired assets. Those deductions will be allocated to PBF Energy and will be taken into account in reporting PBF Energy’s taxable income. As a result of a federal income tax election made by PBF LLC, applicable to a portion of PBF Energy’s acquisition of PBF LLC Series A Units, the income tax basis of the assets of PBF LLC, underlying a portion of the units PBF Energy acquired, has been adjusted based upon the amount that PBF Energy paid for that portion of its PBF LLC Series A Units. PBF Energy entered into the Tax Receivable Agreement (as defined in “Note 14 - Commitments and Contingencies”) which provides for the payment by PBF Energy 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 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. As a result of these transactions, PBF Energy’s tax basis in its share of PBF LLC’s assets will be higher than the book basis of these same assets. This resulted in a deferred tax asset of $155.2 million as of December 31, 2020. Deferred taxes are calculated using a liability method, whereby deferred tax assets are recognized for deductible temporary differences and deferred tax liabilities are recognized for taxable temporary differences. Temporary differences represent the differences between reported amounts of assets and liabilities and their tax bases. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will not be realized. Deferred tax assets and liabilities are adjusted for the effect of changes in tax laws and rates on the date of enactment. PBF Energy recognizes tax benefits for uncertain tax positions only if it is more likely than not that the position is sustainable based on its technical merits. Interest and penalties on uncertain tax positions are included as a component of the provision for income taxes on the Consolidated Statements of Operations. As a result of management’s assessment of the available positive and negative evidence to estimate whether sufficient future taxable income will be generated to permit use of the existing deferred tax assets as of December 31, 2020, a valuation allowance of $358.4 million was recorded to recognize only the portion of deferred tax assets that are more likely than not to be realized. The amount of the deferred tax assets considered realizable, however, could be adjusted if estimates of future taxable income during the carryforward period are reduced or increased or if objective negative evidence in the form of cumulative losses is no longer present and additional weight is given to subjective evidence such as our projections for future taxable income. As a result of the valuation allowance, the liability associated with the Tax Receivable Agreement was reduced to zero. The Federal tax returns for all years since 2017 and state tax returns for all years since 2015 (see “Note 21 - Income Taxes”) are subject to examination by the respective tax authorities. Net Income Per Share Net income per share is calculated by dividing the net income available to PBF Energy Class A common stockholders by the weighted average number of shares of PBF Energy Class A common stock outstanding during the period. Diluted net income per share is calculated by dividing the net income available to PBF Energy Class A common stockholders, adjusted for the net income attributable to the noncontrolling interest and the assumed income tax expense thereon, by the weighted average number of PBF Energy Class A common shares outstanding during the period adjusted to include the assumed exchange of all PBF LLC Series A units outstanding for PBF Energy Class A common stock, if applicable under the if converted method, and the potentially dilutive effect of outstanding options to purchase shares of PBF Energy Class A common stock, performance share awards and options and warrants to purchase PBF LLC Series A Units, subject to forfeiture utilizing the treasury stock method. Pension and Other Post-Retirement Benefits The Company recognizes an asset for the overfunded status or a liability for the underfunded status of its pension and post-retirement benefit plans. The funded status is recorded within Other long-term liabilities or assets. Changes in the plans’ funded status are recognized in other comprehensive income in the period the change occurs. Fair Value Measurement A fair value hierarchy (Level 1, Level 2, or Level 3) is used to categorize fair value amounts based on the quality of inputs used to measure fair value. Accordingly, fair values derived from Level 1 inputs utilize quoted prices in active markets for identical assets or liabilities. Fair values derived from Level 2 inputs are based on quoted prices for similar assets and liabilities in active markets, and inputs other than quoted prices that are either directly or indirectly observable for the asset or liability. Level 3 inputs are unobservable inputs for the asset or liability, and include situations where there is little, if any, market activity for the asset or liability. The Company uses appropriate valuation techniques based on the available inputs to measure the fair values of its applicable assets and liabilities. When available, the Company measures fair value using Level 1 inputs because they generally provide the most reliable evidence of fair value. In some valuations, the inputs may fall into different levels in the hierarchy. In these cases, the asset or liability level within the fair value hierarchy is based on the lowest level of input that is significant to the fair value measurements. Financial Instruments The estimated fair value of financial instruments has been determined based on the Company’s assessment of available market information and appropriate valuation methodologies. The Company’s non-derivative financial instruments that are included in current assets and current liabilities are recorded at cost in the Consolidated Balance Sheets. The estimated fair value of these financial instruments approximates their carrying value due to their short-term nature. Derivative instruments are recorded at fair value in the Consolidated Balance Sheets. The Company’s commodity contracts are measured and recorded at fair value using Level 1 inputs based on quoted prices in an active market, Level 2 inputs based on quoted market prices for similar instruments, or Level 3 inputs based on third-party sources and other available market based data. The Company’s catalyst obligations and derivatives related to the Company’s crude oil and feedstocks and refined product purchase obligations are measured and recorded at fair value using Level 2 inputs on a recurring basis, based on observable market prices for similar instruments. Derivative Instruments The Company is exposed to market risk, primarily related to changes in commodity prices for the crude oil and feedstocks used in the refining process as well as the prices of the refined products sold and the risk associated with the price of credits needed to comply with various governmental and regulatory environmental compliance programs. The accounting treatment for commodity and environmental compliance contracts depends on the intended use of the particular contract and on whether or not the contract meets the definition of a derivative. All derivative instruments, not designated as normal purchases or sales, are recorded in the Consolidated Balance Sheets as either assets or liabilities measured at their fair values. Changes in the fair value of derivative instruments that either are not designated or do not qualify for hedge accounting treatment or normal purchase or normal sale accounting are recognized currently in earnings. Contracts qualifying for the normal purchase and sales exemption are accounted for upon settlement. Cash flows related to derivative instruments that are not designated or do not qualify for hedge accounting treatment are included in operating activities. The Company designates certain derivative instruments as fair value hedges of a particular risk associated with a recognized asset or liability. At the inception of the hedge designation, the Company documents the relationship between the hedging instrument and the hedged item, as well as its risk management objective and strategy for undertaking various hedge transactions. Derivative gains and losses related to these fair value hedges, including hedge ineffectiveness, are recorded in cost of sales along with the change in fair value of the hedged asset or liability attributable to the hedged risk. Cash flows related to derivative instruments that are designated as fair value hedges are included in operating activities. Economic hedges are hedges not designated as fair value or cash flow hedges for accounting purposes that are used to (i) manage price volatility in certain refinery feedstock and refined product inventories, and (ii) manage price volatility in certain forecasted refinery feedstock purchases and refined product sales. These instruments are recorded at fair value and changes in the fair value of the derivative instruments are recognized currently in cost of sales. Derivative accounting is complex and requires management judgment in the following respects: identification of derivatives and embedded derivatives, determination of the fair value of derivatives, documentation of hedge relationships, assessment and measurement of hedge ineffectiveness and election and designation of the normal purchases and sales exception. All of these judgments, depending upon their timing and effect, can have a significant impact on the Company’s earnings. Recently Adopted Accounting Pronouncements 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 beginning after December 15, 2020, for public business entities. Early adoption is permitted for all entities. The Company adopted this ASU effective January 1, 2020, which did not have a material impact on its 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 adopted this ASU effective January 1, 2020, which did not have a material impact on its Consolidated Financial Statements. Refer to “Note 19 - Employee Benefits Plans” for further disclosure related to our adoption of this pronouncement. In June 2016, the FAS

PBF LOGISTICS LP

PBF LOGISTICS LP	12 Months Ended
PBF LOGISTICS LP	Dec. 31, 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 December 31, 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 December 31, 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. Since its inception in 2014, PBFX has entered in a series of transactions including drop-down transactions, acquisitions, and offerings. Such transactions occurring in the three years ended December 31, 2020 are discussed below. Offerings and Equity Transactions On April 24, 2019, PBFX entered into subscription agreements to sell an aggregate of 6,585,500 common units to certain institutional investors in a registered direct public offering (the “2019 Registered Direct Offering”) for gross proceeds of approximately $135.0 million. The 2019 Registered Direct Offering closed on April 29, 2019. On February 28, 2019, PBFX closed on the transaction contemplated by the equity restructuring agreement with PBF LLC and PBF GP, pursuant to which PBFX’s incentive distribution rights (the “IDRs”) held by PBF LLC were canceled and converted into 10,000,000 newly issued PBFX common units (the “IDR Restructuring”). Subsequent to the closing of the IDR Restructuring, no distributions were made to PBF LLC with respect to the IDRs and the newly issued PBFX common units are entitled to normal distributions by PBFX. Prior to the IDR Restructuring, the IDRs entitled PBF LLC to receive increasing percentages, up to a maximum of 50.0%, of the cash PBFX distributed from operating surplus in excess of $0.345 per unit per quarter. On July 30, 2018, PBFX closed on a common unit purchase agreement with certain funds managed by Tortoise Capital Advisors, L.L.C. providing for the issuance and sale in a registered direct offering (the “2018 Registered Direct Offering”) of an aggregate of 1,775,750 of its common units for net proceeds of approximately $34.9 million. TVPC Acquisition 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% membership 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. July 2018 Drop-down Transaction On July 16, 2018, PBFX entered into four contribution agreements with PBF LLC (the “Development Assets Contribution Agreements”). Pursuant to the Development Assets Contribution Agreements, PBF LLC contributed all of the issued and outstanding limited liability company interests of: Toledo Rail Logistics Company LLC, whose assets consist of a loading and unloading rail facility located at the Toledo refinery (the “Toledo Rail Products Facility”); Chalmette Logistics Company LLC, whose assets consist of a truck loading rack facility (the “Chalmette Truck Rack”) and a rail yard facility (the “Chalmette Rosin Yard”), both of which are located at the Chalmette refinery; Paulsboro Terminaling Company LLC, whose assets consist of a lube oil terminal facility located at the Paulsboro refinery (the “Paulsboro Lube Oil Terminal”); and DCR Storage and Loading Company LLC, whose assets consist of an ethanol storage facility located at the Delaware City refinery (the “Delaware Ethanol Storage Facility” and collectively with the Toledo Rail Products Facility, the Chalmette Truck Rack, the Chalmette Rosin Yard, and the Paulsboro Lube Oil Terminal, the “Development Assets”), to PBFX Operating Company LLC effective July 31, 2018. In consideration for the Development Assets limited liability company interests, PBFX delivered to PBF LLC total consideration of $31.6 million, consisting of 1,494,134 common units of PBFX (the “Development Assets Acquisition”). East Coast Storage Assets Acquisition On October 1, 2018, PBFX closed the acquisition of CPI Operations LLC, whose assets include a storage facility with multi-use storage capacity, an Aframax-capable marine facility, a rail facility, a truck terminal, equipment, contracts and certain other idled assets (collectively, the “East Coast Storage Assets”) located on the Delaware River near Paulsboro, New Jersey (the “East Coast Storage Assets Acquisition”), which had been contemplated by a purchase and sale agreement dated as of July 16, 2018 between PBFX and Crown Point International, LLC (“Crown Point”) and is further described in “Note 4 - Acquisitions”. In connection with the acquisition, the purchase and sale agreement included an earnout provision related to an existing commercial agreement with a third party, based on the future results of certain of the acquired idled assets, which recommenced operations in October 2019. Pursuant to the terms of the commercial agreement, in the third quarter of 2020, the counterparty exercised its right to terminate the contract at the conclusion of the current contract year, resulting in an adjustment to the PBFX Contingent Consideration (as defined in “Note 4 - Acquisitions” and further discussed in “Note 14 - Commitments and Contingencies”). In addition, as a result of the contract termination, PBFX recorded a $7.0 million impairment charge to write-down the related processing unit assets and customer contract intangible asset. This impairment charge has been recorded in the current period Logistics segment income from operations. Knoxville Terminals Purchase

ACQUISITIONS

ACQUISITIONS	12 Months Ended
ACQUISITIONS	Dec. 31, 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 10 - Credit Facilities and 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 final purchase price and fair value allocation were completed as of September 30, 2020. The total purchase consideration and the fair values of the assets and liabilities at the acquisition date 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 Consolidated Balance Sheets. The following table summarizes the final 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 Consolidated Balance Sheets. (b) Current financing lease liabilities are recorded in Accrued expenses within the Consolidated Balance Sheet. The Company’s Consolidated Financial Statements for the year ended December 31, 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. December 31, December 31, (Unaudited, in millions) PBF Energy Pro-forma revenues $ 15,479.7 $ 28,323.1 Pro-forma net income (loss) attributable to PBF Energy Inc. stockholders (1,423.4) 122.6 Pro forma net income (loss) available to PBF Energy Class A common stock per share: Basic: $ (11.90) $ 1.02 Diluted: $ (11.90) $ 1.01 PBF LLC Pro-forma revenues $ 15,479.7 $ 28,323.1 Pro-forma net income (loss) attributable to PBF LLC (1,827.8) 165.2 East Coast Storage Assets Acquisition On October 1, 2018, PBFX closed the East Coast Storage Assets Acquisition, which had been contemplated by a purchase and sale agreement dated as of July 16, 2018 between PBFX and Crown Point. The East Coast Storage Assets consist of a storage facility with multi-use storage capacity, an Aframax-capable marine facility, a rail facility, a truck terminal, equipment, contracts and certain other idled assets located on the Delaware River near Paulsboro, New Jersey. Additionally, the East Coast Storage Assets Acquisition includes 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”), which recommenced operations in October 2019. The aggregate purchase price for the East Coast Storage Assets Acquisition was $127.0 million, including working capital and the Contingent Consideration, which was comprised of an initial payment at closing of $75.0 million with a remaining balance of $32.0 million that was paid on October 1, 2019. The consideration was financed through a combination of cash on hand and borrowings under the PBFX Revolving Credit Facility. The final purchase price and fair value allocation were completed as of September 30, 2019. PBFX accounted for the East Coast Storage Assets Acquisition as a business combination in accordance with GAAP whereby PBFX recognizes assets acquired and liabilities assumed at their estimated fair values as of the date of acquisition. The total purchase consideration and the fair values of the assets and liabilities at the acquisition date were as follows: (in millions) Purchase Price Gross purchase price (a) $ 105.9 Working capital adjustments — Contingent consideration (b) 21.1 Total consideration $ 127.0 _______________________ (a) Includes $30.9 million net present value payable of $32.0 million due to Crown Point one year after closing. The remaining $32.0 million payment was paid in full on October 1, 2019. (b) The East Coast Storage Asset Acquisition includes consideration in the form of the PBFX Contingent Consideration over a contractual term of up to three years starting in 2019. PBFX recorded the Contingent Consideration based on its estimated fair value of $21.1 million at the acquisition date. The remaining short-term PBFX Contingent Consideration is included in “Accrued expenses” in the Consolidated Balance Sheets at December 31, 2020. The following table summarizes the final amounts recognized for assets acquired and liabilities assumed as of the acquisition date: (in millions) Fair Value Allocation Accounts receivable $ 0.4 Prepaid and other current assets 0.6 Property, plant and equipment 115.6 Intangible assets (a) 13.3 Accounts payable (0.9) Accrued expenses (1.3) Other long-term liabilities (0.7) Fair value of net assets acquired $ 127.0 _____________________ (a) Intangible assets are included in “Deferred charges and other assets” within the Consolidated Balance Sheets. The Company’s Consolidated Financial Statements for the year ended December 31, 2020 and 2019 include the results of operations of the East Coast Storage Assets for the full year. The Company’s Consolidated Financial Statements for the year ended December 31, 2018 include the results of operations of the East Coast Storage Assets since the date of its acquisition on October 1, 2018, during which period the East Coast Storage Assets contributed third-party revenue of $5.9 million, and net income of $0.8 million. On an unaudited pro forma basis, the revenues and net income of the Company, assuming the acquisition had occurred on January 1, 2017, are shown below. The unaudited pro forma information does not purport to present what the Company’s actual results would have been had the East Coast Storage Assets Acquisition occurred on January 1, 2017, 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 East Coast Storage Assets Acquisition and interest expense associated with the related financing. Year Ended (Unaudited) PBF Energy Pro forma revenues $ 27,203.5 Pro forma net income attributable to PBF Energy Inc. stockholders 124.6 Pro forma net income available to Class A common stock per share: Basic $ 1.08 Diluted $ 1.07 PBF LLC Pro forma revenues $ 27,203.5 Pro forma net income attributable to PBF LLC 130.2 Acquisition Expenses

CURRENT EXPECTED CREDIT LOSSES

CURRENT EXPECTED CREDIT LOSSES	12 Months Ended
CURRENT EXPECTED CREDIT LOSSES	Dec. 31, 2020
Credit Loss [Abstract]
CURRENT EXPECTED CREDIT LOSSES	5. 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 December 31, 2020 and December 31, 2019, respectively.

INVENTORIES

INVENTORIES	12 Months Ended
INVENTORIES	Dec. 31, 2020
Inventory Disclosure [Abstract]
INVENTORIES	INVENTORIES Inventories consisted of the following: December 31, 2020 (in millions) Titled Inventory Inventory Intermediation Agreements Total Crude oil and feedstocks $ 1,018.9 $ — $ 1,018.9 Refined products and blendstocks 933.7 266.5 1,200.2 Warehouse stock and other 136.7 — 136.7 $ 2,089.3 $ 266.5 $ 2,355.8 Lower of cost or market adjustment (572.4) (97.2) (669.6) Total inventories $ 1,516.9 $ 169.3 $ 1,686.2 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 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, and sold to counterparties in connection with such agreements. This inventory is held in the Company’s storage tanks at the Delaware City and Paulsboro refineries and at PBFX’s East Coast Storage Assets, (collectively, the “J. Aron Storage Tanks”). During the year ended December 31, 2020, the Company recorded an adjustment to value its inventories to the lower of cost or market which decreased income from operations by $268.0 million, reflecting the net change in the lower of cost or market (“LCM”) inventory reserve from $401.6 million at December 31, 2019 to $669.6 million at December 31, 2020. During the year ended December 31, 2019, the Company recorded an adjustment to value its inventories to the lower of cost or market which increased income from operations by $250.2 million, reflecting the net change in the LCM inventory reserve from $651.8 million at December 31, 2018 to $401.6 million at December 31, 2019.

PROPERTY, PLANT AND EQUIPMENT,

PROPERTY, PLANT AND EQUIPMENT, NET	12 Months Ended
PROPERTY, PLANT AND EQUIPMENT, NET	Dec. 31, 2020
Property, Plant and Equipment [Abstract]
PROPERTY, PLANT AND EQUIPMENT, NET	PROPERTY, PLANT AND EQUIPMENT, NET Property, plant and equipment, net consisted of the following: (in millions) December 31, December 31, Land $ 534.7 $ 360.5 Processing units, pipelines and equipment 5,026.2 4,108.0 Buildings and leasehold improvements 127.0 64.6 Computers, furniture and fixtures 164.3 143.5 Construction in progress 199.2 312.2 6,051.4 4,988.8 Less—Accumulated depreciation (1,208.1) (965.6) Total property, plant and equipment, net $ 4,843.3 $ 4,023.2 Depreciation expense for the years ended December 31, 2020, 2019 and 2018 was $223.0 million, $178.0 million and $162.2 million, respectively. The Company capitalized $12.6 million and $18.1 million in interest during 2020 and 2019, respectively, in connection with construction in progress. East Coast Refining Reconfiguration On December 31, 2020, the Company reconfigured the Delaware and Paulsboro refineries (the “East Coast Refining Reconfiguration”) temporarily idling certain of its major processing units at the Paulsboro refinery, in order to operate the two refineries as one functional unit referred to as the “East Coast Refining System”. The reconfiguration process resulted in lower overall throughput and inventory levels in addition to decreases in capital and operating costs. The Company abandoned certain projects related to assets under construction related to these idled assets, resulting in an impairment charge of approximately $11.9 million and a corresponding decrease to its construction in progress account in the fourth quarter of 2020. Capital Project Abandonments In connection with the Company’s ongoing strategic response plan to deal with the COVID-19 pandemic and its East Coast Refining Reconfiguration, it assessed its refinery wide slate of capital projects that were either in process or not yet placed into service as of December 31, 2020. Based on this assessment and the Company’s strategic plan to reduce capital expenditures, it decided to abandon various capital projects across the refinery system, resulting in an impairment charge of approximately $79.9 million in the fourth quarter of 2020. Sale of Hydrogen Plants 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 which was followed by the execution of long-term supply agreements in August 2020. Refer to “Note 15 - Leases” for further information. Torrance Land Sales On December 30, 2020, August 1, 2019 and August 7, 2018, the Company closed on third-party sales of parcels of real property acquired as part of the Torrance refinery, but not part of the refinery itself. The sales resulted in a gain of approximately $8.1 million, $33.1 million and $43.8 million in the fourth quarter of 2020, third quarter of 2019 and third quarter of 2018, respectively, included within (Gain) loss on sale of assets in the Consolidated Statements of Operations.

DEFERRED CHARGES AND OTHER ASSE

DEFERRED CHARGES AND OTHER ASSETS, NET	12 Months Ended
DEFERRED CHARGES AND OTHER ASSETS, NET	Dec. 31, 2020
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
DEFERRED CHARGES AND OTHER ASSETS, NET	DEFERRED CHARGES AND OTHER ASSETS, NET Deferred charges and other assets, net consisted of the following: PBF Energy (in millions) December 31, December 31, Deferred turnaround costs, net $ 598.2 $ 722.7 Catalyst, net 155.2 132.7 Environmental credits 39.6 37.8 Linefill 27.4 19.5 Pension plan assets 21.2 10.3 Intangible assets, net 10.1 24.3 Other 20.5 7.6 Total deferred charges and other assets, net $ 872.2 $ 954.9 PBF LLC (in millions) December 31, December 31, Deferred turnaround costs, net $ 598.2 $ 722.7 Catalyst, net 155.2 132.7 Environmental credits 39.6 37.8 Linefill 27.4 19.5 Pension plan assets 21.2 10.3 Intangible assets, net 10.1 24.3 Other 20.6 6.5 Total deferred charges and other assets, net $ 872.3 $ 953.8 Catalyst, net includes $115.2 million and $74.5 million of indefinite-lived precious metal catalysts (both owned or financed as part of existing catalyst financing arrangements) as of December 31, 2020 and December 31, 2019, respectively. The Company recorded amortization expense related to deferred turnaround costs, catalyst and intangible assets of $325.9 million, $258.1 million and $207.6 million for the years ended December 31, 2020, 2019 and 2018, respectively. Included in the current year amortization expense is approximately $56.2 million of accelerated unamortized deferred turnaround costs associated with assets that were idled as part of the East Coast Refining Reconfiguration. Intangible assets, net primarily consists of customer relationships, permits and emission credits. Our net balance as of December 31, 2020 and December 31, 2019 is shown below: (in millions) December 31, December 31, Intangible assets - gross $ 25.5 $ 29.5 Accumulated amortization (15.4) (5.2) Intangible assets - net $ 10.1 $ 24.3

ACCRUED EXPENSES

ACCRUED EXPENSES	12 Months Ended
ACCRUED EXPENSES	Dec. 31, 2020
Payables and Accruals [Abstract]
ACCRUED EXPENSES	ACCRUED EXPENSES Accrued expenses consisted of the following: PBF Energy (in millions) December 31, December 31, Inventory-related accruals $ 695.0 $ 1,103.2 Renewable energy credit and emissions obligations 528.1 17.7 Inventory intermediation agreements 225.8 278.1 Excise and sales tax payable 120.1 98.6 Accrued transportation costs 72.1 88.7 Accrued utilities 58.6 40.1 Accrued interest 46.1 12.1 Accrued salaries and benefits 42.2 81.1 Accrued refinery maintenance and support costs 35.7 16.9 Accrued capital expenditures 15.0 32.2 Current finance lease liabilities 14.4 6.5 Contingent Consideration 12.1 10.0 Environmental liabilities 11.8 12.8 Customer deposits 4.0 1.8 Other 30.5 15.8 Total accrued expenses $ 1,911.5 $ 1,815.6 PBF LLC (in millions) December 31, December 31, Inventory-related accruals $ 695.0 $ 1,103.2 Renewable energy credit and emissions obligations 528.1 17.7 Inventory intermediation agreements 225.8 278.1 Excise and sales tax payable 120.1 98.6 Accrued interest 83.8 39.5 Accrued transportation costs 72.1 88.7 Accrued utilities 58.6 40.1 Accrued salaries and benefits 42.2 81.1 Accrued refinery maintenance and support costs 35.7 16.9 Accrued capital expenditures 15.0 32.2 Current finance lease liabilities 14.4 6.5 Contingent Consideration 12.1 10.0 Environmental liabilities 11.8 12.8 Customer deposits 4.0 1.8 Other 32.5 19.0 Total accrued expenses $ 1,951.2 $ 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 December 31, 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 (“AB32”), 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.

CREDIT FACILITIES AND DEBT

CREDIT FACILITIES AND DEBT	12 Months Ended
CREDIT FACILITIES AND DEBT	Dec. 31, 2020
Debt Disclosure [Abstract]
CREDIT FACILITIES AND DEBT	CREDIT FACILITIES AND DEBT Long-term debt outstanding consisted of the following: (in millions) December 31, December 31, 2025 Senior Secured Notes $ 1,250.6 $ — 2028 Senior Notes 1,000.0 — 2025 Senior Notes 725.0 725.0 2023 Senior Notes — 500.0 PBFX 2023 Senior Notes 526.6 527.2 Revolving Credit Facility 900.0 — PBFX Revolving Credit Facility 200.0 283.0 PBF Rail Term Loan 7.4 14.5 Catalyst financing arrangements 102.5 47.6 4,712.1 2,097.3 Less—Current debt (7.4) — Unamortized deferred financing costs (51.1) (32.4) Long-term debt $ 4,653.6 $ 2,064.9 2025 Senior Secured Notes On May 13, 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”), 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 “initial 2025 Senior Secured Notes”). The Issuers received net proceeds of approximately $982.9 million from the offering after deducting the initial purchasers’ discount and offering expenses. On December 21, 2020 PBF Holding issued an additional $250.0 million in aggregate principal amount of tack on 9.25% senior secured notes due 2025 (the “additional 2025 Senior Secured Notes”). The additional 2025 Senior Secured Notes were issued at an offering price of 100.25% plus accrued and unpaid interest from and including, November 15, 2020. The additional 2025 Senior Secured Notes were issued under the indenture governing the initial 2025 Senior Secured Notes and, together with the additional 2025 Senior Secured Notes, the (“2025 Senior Secured Notes”). The additional 2025 Senior Secured Notes are treated as a single series with the initial 2025 Senior Secured Notes and have the same terms except that a portion of the additional 2025 Senior Secured Notes were issued initially under a new temporary CUSIP number to be used during the 40-day distribution compliance period. The Issuers received net proceeds of approximately $245.7 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 substantially all 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 the 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 the Revolving Credit Facility, the 6.00% senior unsecured notes due 2028 (the “2028 Senior Notes”) and the 7.25% senior unsecured notes due 2025 (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 using net proceeds of any loan received pursuant to a Regulatory Debt Facility (as defined in the indenture) at a redemption price equal to 104.625% of the principal amount of the notes redeemed, plus accrued and unpaid interest to the redemption date as long as any such redemption occurs on or prior to 120 days after receipt of such net proceeds. 2028 Senior Notes On January 24, 2020, PBF Holding entered into an indenture among the Issuers, the Guarantors, Wilmington Trust, National Association, as Trustee and Deutsche Bank Trust Company Americas, as Paying Agent, Registrar, Transfer Agent and Authenticating Agent, under which the Issuers issued $1.0 billion in aggregate principal amount of the 6.00% 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 Consolidated Statements of Operations. The 2028 Senior Notes included a registration rights arrangement whereby the Issuer and the Guarantors agreed to file with the U.S. Securities and Exchange Commission and use commercially reasonable efforts to consummate an offer to exchange the 2028 Senior Notes for an issue of registered notes with terms substantially identical to the notes not later than 365 days after the date of the original issuance of the notes. This registration statement was declared effective on October 14, 2020 and the exchange was consummated during the fourth quarter of 2020. As such, the Company did not 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, the 2025 Senior Notes and the 2025 Senior Secured 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 Notes On May 30, 2017, PBF Holding entered into an indenture among Issuers, the Guarantors, Wilmington Trust, National Association, as Trustee, and Deutsche Bank Trust Company Americas, as Paying Agent, Registrar, Transfer Agent and Authenticating Agent, under which the Issuers issued $725.0 million in aggregate principal amount of 7.25% 2025 Senior Notes. The Issuers received net proceeds of approximately $711.6 million from the offering after deducting the initial purchasers’ discount and offering expenses, all of which was used to fund the cash tender offer (the “Tender Offer”) for any and all of its outstanding 8.25% Senior Secured Notes due 2020 (the “2020 Senior Secured Notes”), to pay the related redemption price and accrued and unpaid interest for any 2020 Senior Secured Notes which remained outstanding after the completion of the Tender Offer, and for general corporate purposes. The 2025 Senior Notes are guaranteed by substantially all of PBF Holding’s subsidiaries. The 2025 Senior Notes and guarantees are senior unsecured obligations which rank equal in right of payment with all of the Issuers’ and the Guarantors’ existing and future senior indebtedness, including the Revolving Credit Facility, the 2028 Senior Notes and the 2025 Senior Secured Notes. The 2025 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 2025 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 2025 Senior Notes and the guarantees are structurally subordinated to any existing or future indebtedness and other obligations of the Issuers’ non-guarantor subsidiaries. PBF Holding has optional redemption rights to repurchase all or a portion of the 2025 Senior Notes at varying prices which are no less than 100% of the principal amount plus accrued and unpaid interest. The holders of the 2025 Senior Notes have repurchase options exercisable only upon a change in control, certain asset sale transactions, or in event of a default as defined in the indenture. In addition, the 2025 Senior Notes contain customary terms, events of default and covenants for an issuer of non-investment grade debt securities that limit certain types of additional debt, equity issuances, and payments. Many of these covenants will cease to apply or will be modified if the 2025 Senior Notes are rated investment grade. PBFX 2023 Senior Notes On May 12, 2015, PBFX entered into an indenture among PBFX and PBF Logistics Finance Corporation, a Delaware corporation and wholly-owned subsidiary of PBFX (together with PBFX, the “PBFX Issuers”), the Guarantors named therein and Deutsche Bank Trust Company Americas, as Trustee, under which the PBFX Issuers issued $350.0 million in aggregate principal amount of 6.875% Senior Notes due 2023. On October 6, 2017, PBFX entered into a supplemental indenture for the purpose of issuing an additional $175.0 million in aggregate principal amount of 6.875% Senior Notes due 2023 (together with the initially issued notes, the “PBFX 2023 Senior Notes”). The additional amount of the PBFX 2023 Senior Notes were issued at 102% of face value, or an effective interest rate of 6.442%. The additional amount of the PBFX 2023 Senior Notes are treated as a single series with the initially issued PBFX 2023 Senior Notes and have the same terms as those of the initially issued PBFX 2023 Senior Notes, except that (i) the additional amount of PBFX 2023 Senior Notes are subject to a separate registration rights agreement, and (ii) the additional amount of PBFX 2023 Senior Notes were issued initially under CUSIP numbers different from the initially issued PBFX 2023 Senior Notes. PBF LLC agreed to a limited guarantee of collection of the principal amount of the PBFX 2023 Senior Notes, but is not otherwise subject to the covenants of the indenture. The PBFX 2023 Senior Notes are general senior unsecured obligations of the PBFX Issuers and are equal in right of payment with all of the PBFX Issuers’ existing and future senior indebtedness, including amounts outstanding under the PBFX Revolving Credit Facility. The PBFX 2023 Senior Notes are effectively subordinated to all of the PBFX Issuers’ and the Guarantors’ existing and future secured debt, including the PBFX Revolving Credit Facility, to the extent of the value of the assets securing that secured debt and will be structurally subordinated to all indebtedness of PBFX’s subsidiaries that do not guarantee the PBFX 2023 Senior Notes. The PBFX 2023 Senior Notes will be senior to any future subordinated indebtedness the PBFX Issuers may incur. The PBFX indenture contains customary terms, events of default and covenants for transactions of this nature. These covenants include limitations on PBFX’s and its restricted subsidiaries’ ability to, among other things: (i) make investments; (ii) incur additional indebtedness or issue preferred units; (iii) pay dividends or make distributions on units or redeem or repurchase its subordinated debt; (iv) create liens; (v) incur dividend or other payment restrictions affecting subsidiaries; (vi) sell assets; (vii) merge or consolidate with other entities; and (viii) enter into transactions with affiliates. These covenants are subject to a number of important limitations and exceptions. PBFX has optional redemption rights to repurchase all or a portion of the PBFX 2023 Senior Notes at varying prices which are no less than 100% of the principal amount, plus accrued and unpaid interest. The holders of the PBFX 2023 Senior Notes have repurchase options exercisable only upon a change in control, certain asset dispositions, or in event of default as defined in the indenture. PBF Holding Revolving Credit Facility On May 2, 2018, PBF Holding and certain of its wholly-owned subsidiaries, as borrowers or subsidiary guarantors, replaced the existing asset-based revolving credit agreement dated as of August 15, 2014 with the new Revolving Credit Facility. The Revolving Credit Facility has a maximum commitment of $3.4 billion, a maturity date of May 2023 and redefines certain components of the Borrowing Base, as defined in the agreement governing the Revolving Credit Facility (the “Revolving Credit Agreement”), to make more funding available for working capital needs and other general corporate purposes. An accordion feature allows for commitments of up to $3.5 billion. 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). The Applicable Margin ranges from 0.25% to 1.00% for Alternative Base Rate Loans and from 1.25% to 2.00% for Adjusted LIBOR Loans, in each case depending on the Company’s corporate credit rating. In addition, the LC Participation Fee ranges from 1.00% to 1.75% depending on the Company’s corporate credit rating and the Fronting Fee is capped at 0.25%. The Revolving Credit Agreement contains customary covenants and restrictions on the activities of PBF Holding and its subsidiaries, including, but not limited to, limitations on incurring additional indebtedness, liens, negative pledges, guarantees, investments, loans, asset sales, mergers and acquisitions, prepayment of other debt, distributions, dividends and the repurchase of capital stock, transactions with affiliates and the ability of PBF Holding to change the nature of its business or its fiscal year; all as defined in the Revolving Credit Agreement. In addition, the Revolving Credit Agreement has a financial covenant which requires that if at any time Excess Availability, as defined in the Revolving Credit Agreement, is less than the greater of (i) 10% of the lesser of the then existing Borrowing Base and the then aggregate Revolving Commitments of the Lenders (the “Financial Covenant Testing Amount”), and (ii) $100.0 million, and until such time as Excess Availability is greater than the Financial Covenant Testing Amount and $100.0 million for a period of 12 or more consecutive days, PBF Holding will not permit the Consolidated Fixed Charge Coverage Ratio, as defined in the Revolving Credit Agreement and determined as of the last day of the most recently completed quarter, to be less than 1 to 1. PBF Holding’s obligations under the Revolving Credit Facility are (a) guaranteed by each of its domestic operating subsidiaries that are not Excluded Subsidiaries (as defined in the Revolving Credit Agreement) and (b) secured by a lien on (i) PBF LLC’s equity interest in PBF Holding and (ii) certain assets of PBF Holding and the subsidiary guarantors, including all deposit accounts (other than zero balance accounts, cash collateral accounts, trust accounts and/or payroll accounts, all of which are excluded from the definition of collateral), all accounts receivable, all hydrocarbon inventory (other than the J. Aron Products owned by J. Aron pursuant to the Inventory Intermediation Agreements) and to the extent evidencing, governing, securing or otherwise related to the foregoing, all general intangibles, chattel paper, instruments, documents, letter of credit rights and supporting obligations; and all products and proceeds of the foregoing. 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. On May 7, 2020, the Company further amended the Revolving Credit Facility, to increase PBF Holding’s ability to incur certain secured debt from an amount equal to 10% of its total assets to 20% of its total assets. During 2020 the Company used advances under the Revolving Credit Facility to fund the Martinez Acquisition and other capital expenditures and working capital requirements. Outstanding borrowings under the Revolving Credit Facility as of December 31, 2020 were $900.0 million. There were no outstanding borrowings under the Revolving Credit Facility as of December 31, 2019. Issued letters of credit were $184.4 million and $221.4 million as of December 31, 2020 and 2019, respectively. PBFX Credit Facilities On May 14, 2014, in connection with the PBFX initial public offering (the “PBFX Offering”), PBFX entered into a five-year, $275.0 million senior secured revolving credit facility (the “2014 PBFX Revolving Credit Facility”) with the administrative agent and a syndicate of lenders. On July 30, 2018, PBFX replaced the 2014 PBFX Revolving Credit Facility with the $500.0 million amended and restated PBFX Revolving Credit Facility. The PBFX Revolving Credit Facility is available to fund working capital, acquisitions, distributions, capital expenditures, and other general partnership purposes and is guaranteed by a guaranty of collection from PBF LLC. PBFX has the ability to increase the maximum amount of the PBFX Revolving Credit Facility by up to $250.0 million to a total facility size of $750.0 million, subject to receiving increased commitments from the lenders or other financial institutions and satisfaction of certain conditions. The PBFX Revolving Credit Facility includes a $75.0 million sublimit for standby letters of credit and a $25.0 million sublimit for swingline loans. Obligations under the PBFX Revolving Credit Facility are guaranteed by PBFX’s restricted subsidiaries, and are secured by a first priority lien on PBFX’s assets and those of PBFX’s restricted subsidiaries. The maturity date of the PBFX Revolving Credit Facility is July 30, 2023, but may be extended for one year on up to two occasions, subject to certain customary terms and conditions. Borrowings under the PBFX Revolving Credit Facility bear interest at the Alternative Base Rate plus the Applicable Margin or the Adjusted LIBOR Rate plus an Applicable Margin, all as defined in the agreement governing the PBFX Revolving Credit Facility (the “PBFX Revolving Credit Agreement”). The Applicable Margin ranges from 0.75% to 1.75% for Alternative Base Rate Loans and from 1.75% to 2.75% for Adjusted LIBOR Rate Loans in each case depending on PBFX’s Consolidated Total Leverage Ratio, as defined in the PBFX Revolving Credit Agreement. The PBFX Revolving Credit Agreement contains affirmative and negative covenants customary for revolving credit facilities of this nature which, among other things, limit or restrict PBFX’s ability and the ability of its restricted subsidiaries to incur or guarantee debt, incur liens, make investments, make restricted payments, amend material contracts, engage in certain business activities, engage in mergers, consolidations and other organizational changes, sell, transfer or otherwise dispose of assets, enter into burdensome agreements, or enter into transactions with affiliates on terms which are not at arm’s length. Additionally, PBFX is required to maintain (a) Consolidated Interest Coverage Ratio of at least 2.50 to 1.00; (b) Consolidated Total Leverage Ratio of not greater than 4.50 to 1.00; and (c) Consolidated Senior Secured Leverage Ratio of not greater than 3.50 to 1.00 (all terms as defined in the PBFX Revolving Credit Agreement). The PBFX Revolving Credit Agreement contains events of default customary for transactions of their nature, including, but not limited to (and subject to any applicable grace periods when applicable), the failure to pay any principal, interest or fees when due, failure to perform or observe any covenant contained in the PBFX Revolving Credit Agreement or related documentation, any representation or warranty made in the agreements or related documentation being untrue in any material respect when made, default under certain material debt agreements, commencement of bankruptcy or other insolvency proceedings, certain changes in PBFX’s ownership or the ownership or board composition of PBF GP and material judgments or orders. Upon the occurrence and during the continuation of an event of default under the PBFX Revolving Credit Agreement, the lenders may, among other things, terminate their commitments, declare any outstanding loans to be immediately due and payable and/or exercise remedies against PBFX and the collateral as may be available to the lenders under the PBFX Revolving Credit Agreement and related documentation or applicable law. During 2018 PBFX used advances under the PBFX Revolving Credit Facility to fund the Knoxville Terminals Purchase, the East Coast Storage Asset Acquisition, the TVPC Acquisition and other capital expenditures and working capital requirements. PBFX made net repayments of $83.0 million during the year ended December 31, 2020. The PBFX Revolving Credit Facility may be repaid, from time-to-time, without penalty. As of December 31, 2020, there were $200.0 million of borrowings and $4.9 million of letters of credit outstanding. At December 31, 2019, there were $283.0 million of borrowings and $4.8 million of letters of credit outstanding under the PBFX Revolving Credit Facility. PBF Rail Term Loan On December 22, 2016, PBF Rail Logistics Company LLC (“PBF Rail”) entered into a $35.0 million term loan (the “PBF Rail Term Loan”). The PBF Rail Term Loan amortizes monthly over its five The outstanding balances under the PBF Rail Term Loan were $7.4 million and $14.5 million as of December 31, 2020 and 2019, respectively. As the PBF Rail Term Loan expires in December 2021, the outstanding balance as of December 31, 2020 is reflected as Current debt on the Consolidated Balance Sheet. Precious Metal Catalyst Financing Arrangements Certain subsidiaries of the Company have entered into agreements whereby such subsidiary sold a portion of its precious metal catalysts to a major commercial bank and subsequently refinanced the precious metal catalysts under contractual arrangements. The volume of the precious metal catalysts and the interest rate are fixed over the term of each financing arrangement. At maturity, the Company must repurchase the applicable precious metal catalysts, or otherwise settle its obligation with the counterparty, at its then fair market value. The Company believes that there is a substantial market for precious metal catalysts and that it will be able to release such catalysts at maturity. The Company treated these transactions as financing arrangements, and the related payments are recorded as interest expense over the agreements’ terms. 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 value of the underlying precious metal catalysts. The fair value of these repurchase obligations as reflected in the fair value of long-term debt outstanding table below is measured using Level 2 inputs. Details of the catalyst financing arrangements at each of the Company’s refineries as of December 31, 2020 are included in the following table: Refinery Metal Annual interest rate Expiration date Paulsboro Platinum 1.47 % December 2022 Delaware City Platinum 2.75 % October 2021 (1) Delaware City Palladium 3.45 % September 2021 (1) Toledo Platinum 4.05 % September 2021 (1) Chalmette Platinum 2.10 % October 2021 (1) Chalmette Platinum 1.80 % November 2022 Torrance Platinum 1.78 % July 2022 Martinez Platinum 4.05 % September 2021 (1) Martinez Palladium 3.45 % September 2021 (1) __________________ (1) These catalyst financing arrangements are included in Long-term debt as of December 31, 2020 as the Company has the ability and intent to finance this debt through availability under other credit facilities if the catalyst financing arrangements are not renewed at maturity. In total, aggregate annual catalyst financing fees were approximately $2.7 million and $0.7 million as of December 31, 2020 and 2019, respectively. Debt Maturities Debt maturing in the next five years and thereafter is as follows (in millions): Year Ending December 31, 2021 $ 86.3 2022 23.6 2023 1,626.6 2024 — 2025 1,975.6 Thereafter 1,000.0 $ 4,712.1

AFFILIATE NOTE PAYABLE - PBF LL

AFFILIATE NOTE PAYABLE - PBF LLC	12 Months Ended
AFFILIATE NOTE PAYABLE - PBF LLC	Dec. 31, 2020
Marketable Securities [Abstract]
AFFILIATE NOTE PAYABLE - PBF LLC	11. AFFILIATE NOTE PAYABLE - PBF LLC As of December 31, 2020 and December 31, 2019, PBF LLC had an outstanding note payable with PBF Energy for an aggregate principal amount of $376.3 million and $376.4 million, respectively. During the second quarter of 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.

OTHER LONG-TERM LIABILITIES

OTHER LONG-TERM LIABILITIES	12 Months Ended
OTHER LONG-TERM LIABILITIES	Dec. 31, 2020
Other Liabilities Disclosure [Abstract]
OTHER LONG-TERM LIABILITIES	OTHER LONG-TERM LIABILITIES Other long-term liabilities consisted of the following: (in millions) December 31, December 31, Environmental liabilities $ 141.9 $ 121.8 Defined benefit pension plan liabilities 73.5 73.8 Post-retirement medical plan liabilities 22.0 17.5 Early railcar return liability 13.9 17.6 East Coast Storage Assets Contingent Consideration — 16.1 Other 17.2 4.1 Total other long-term liabilities $ 268.5 $ 250.9

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	12 Months Ended
RELATED PARTY TRANSACTIONS	Dec. 31, 2020
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	RELATED PARTY TRANSACTIONSPursuant to the amended and restated limited liability company agreement of PBF LLC, the holders of PBF LLC Series B Units are entitled to an interest in the amounts received by the investment funds associated with the initial investors in PBF LLC in excess of their original investment in the form of PBF LLC distributions and from the shares of PBF Energy Class A common stock issuable to such investment funds (for their own account and on behalf of the holders of PBF LLC Series B Units) upon an exchange, and the proceeds from the sale of such shares. Such proceeds received by the investment funds associated with the initial investors in PBF LLC are distributed to the holders of the PBF LLC Series B Units in accordance with the distribution percentages specified in the PBF LLC amended and restated limited liability company agreement. There were no distributions to PBF LLC Series B unitholders for the years ended December 31, 2020, 2019 and 2018.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	12 Months Ended
COMMITMENTS AND CONTINGENCIES	Dec. 31, 2020
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	COMMITMENTS AND CONTINGENCIES Other Commitments In addition to commitments related to lease obligations accounted for in accordance with ASC 842 and disclosed in “Note 15 - Leases”, the Company is party to agreements which provide for the treatment of wastewater and the supply of hydrogen and steam for certain of its refineries. The Company made purchases of $69.0 million, $65.0 million and $68.6 million under these supply agreements for the years ended December 31, 2020, 2019 and 2018, respectively. The fixed and determinable amounts related to obligations under these agreements are as follows (in millions): Year Ending December 31, 2021 $ 43.6 2022 16.8 2023 16.8 2024 12.5 2025 12.5 Thereafter 42.9 Total obligations $ 145.1 Employment Agreements The Company has entered into various employment agreements with members of executive management and certain other key personnel that include automatic annual renewals, unless canceled. Under some of the agreements, certain of the executives would receive a lump sum payment of between 1.50 to 2.99 times their base salary and continuation of certain employee benefits for the same period upon termination by the Company “Without Cause”, or by the employee “For Good Reason”, or upon a “Change in Control”, as defined in the agreements. Upon death or disability, certain of the Company’s executives, or their estates, would receive a lump sum payment of at least one half of their base salary. 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 $113.7 million as of December 31, 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 Company expects to make aggregate payments for this liability of approximately $52.7 million over the next five years. The aggregate environmental liability reflected in the Company’s Consolidated Balance Sheets was $153.7 million and $134.6 million at December 31, 2020 and December 31, 2019, respectively, of which $141.9 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. Applicable Federal and State Regulatory Requirements The Company’s operations and many of the products it manufactures are subject to certain specific requirements of the Clean Air Act (the “CAA”) and related state and local regulations. The CAA contains provisions that require capital expenditures for the installation of certain air pollution control devices at the Company’s refineries. Subsequent rule making authorized by the CAA or similar laws or new agency interpretations of existing rules, may necessitate additional expenditures in future years. In 2010, New York State adopted a Low-Sulfur Heating Oil mandate that, beginning July 1, 2012, requires all heating oil sold in New York State to contain no more than 15 parts per million (“PPM”) sulfur. Since July 1, 2012, other states in the Northeast market began requiring heating oil sold in their state to contain no more than 15 PPM sulfur. Currently, all of the Northeastern states and Washington DC have adopted sulfur controls on heating oil. Most of the Northeastern states require heating oil with 15 PPM or less sulfur. The mandate and other requirements are not expected to have a material impact on the Company’s financial position, results of operations or cash flows. The United States Environmental Protection Agency (“EPA”) issued the final Tier 3 Gasoline standards on March 3, 2014 under the CAA. This final rule establishes more stringent vehicle emission standards and further reduces the sulfur content of gasoline starting in January 2017. The new standard is set at 10 PPM sulfur in gasoline on an annual average basis starting January 1, 2017, with a credit trading program to provide compliance flexibility. EPA responded to industry comments on the proposed rule and maintained the per gallon sulfur cap on gasoline at the existing 80 PPM cap. The refineries are complying with these new requirements as planned, either directly or using flexibility provided by sulfur credits generated or purchased in advance as an economic optimization. The standards set by the new rule are not expected to have a material impact on the Company’s financial position, results of operations or cash flows. The Company is required to comply with the renewable fuel standard implemented by EPA, which sets annual quotas for the quantity of renewable fuels (such as ethanol) that must be blended into motor fuels consumed in the United States (the “Renewable Fuel Standard”). In July 2018, EPA issued proposed amendments to the Renewable Fuel Standard program regulations that would establish annual percentage standards for cellulosic biofuel, biomass-based diesel, advanced biofuel, and renewable fuels that would apply to all gasoline and diesel produced in the U.S. or imported in the year 2019. In addition, the separate proposal includes a proposed biomass-based diesel applicable volume for 2020. It is likely that RIN production will continue to be lower than needed forcing obligated parties, such as the Company, to purchase cellulosic waiver credits or purchase excess RINs from suppliers on the open market. EPA published a Final Rule to the Clean Water Act Section 316(b) in August 2014 regarding cooling water intake structures, which includes requirements for petroleum refineries. The purpose of this rule is to prevent fish from being trapped against cooling water intake screens (impingement) and to prevent fish from being drawn through cooling water systems (entrainment). Facilities will be required to implement best technology available as soon as possible, but state agencies have the discretion to establish implementation time lines. The Company has evaluated, and continues to evaluate, the impact of this regulation, and at this time does not expect this regulation to materially impact the Company’s financial position, results of operations or cash flows. The Company is subject to greenhouse gas emission control regulations in the state of California pursuant to AB32. AB32 imposes a statewide cap on greenhouse gas emissions, including emissions from transportation fuels, with the aim of returning the state to 1990 emission levels by 2020. AB32 is implemented through two market mechanisms including the Low Carbon Fuel Standard and Cap and Trade. The Company is responsible for the AB32 obligations related to the Torrance refinery beginning on July 1, 2016 and the Martinez refinery beginning on February 1, 2020 and must purchase emission credits to comply with these obligations. Additionally, in September 2016, the state of California enacted Senate Bill 32 (“SB32”) which further reduces greenhouse gas emissions targets to 40 percent below 1990 levels by 2030. California Air Resources Board also amended the LCFS in 2018 to require a 20% reduction by 2030. The Company recovers the majority of these costs from its customers, and does not expect these obligations to materially impact the Company’s financial position, results of operations, or cash flows. To the degree there are unfavorable changes to AB32 or SB32 regulations or the Company is unable to recover such compliance costs from customers, these regulations could have a material adverse effect on our financial position, results of operations and cash flows. The Company is subject to obligations to purchase RINs. On February 15, 2017, the Company received a notification that EPA records indicated that PBF Holding used potentially invalid RINs that were in fact verified under EPA’s RIN Quality Assurance Program (“QAP”) by an independent auditor as QAP A RINs. Under the regulations, use of potentially invalid QAP A RINs provided the user with an affirmative defense from civil penalties provided certain conditions are met. The Company has asserted the affirmative defense and if accepted by EPA will not be required to replace these RINs and will not be subject to civil penalties under the program. It is reasonably possible that EPA will not accept the Company’s defense and may assess penalties in these matters but any such amount is not expected to have a material impact on the Company’s financial position, results of operations or cash flows. As of January 1, 2011, the Company is required to comply with EPA’s Control of Hazardous Air Pollutants From Mobile Sources, or MSAT2, regulations on gasoline that impose reductions in the benzene content of its produced gasoline. The Company purchases benzene credits to meet these requirements when necessary. The Company may implement capital projects to reduce the amount of benzene credits that the Company needs to purchase. In additions, the Renewable Fuel Standard mandate the blending of prescribed percentages of renewable fuels (e.g., ethanol and biofuels) into the Company’s produced gasoline and diesel. These requirements, other requirements of the CAA and other presently existing or future environmental regulations may cause the Company to make substantial capital expenditures as well as the purchase of credits at significant cost, to enable its refineries to produce products that meet applicable requirements. The federal Comprehensive Environmental Response, Compensation and Liability Act of 1980 (“CERCLA”), also known as “Superfund,” imposes liability, without regard to fault or the legality of the original conduct, on certain classes of persons who are considered to be responsible for the release of a “hazardous substance” into the environment. These persons include the current or former owner or operator of the disposal site or sites where the release occurred and companies that disposed of or arranged for the disposal of the hazardous substances. Under CERCLA, such persons may be subject to joint and several liability for investigation and the costs of cleaning up the hazardous substances that have been released into the environment, for damages to natural resources and for the costs of certain health studies. As discussed more fully above, certain of the Company’s sites are subject to these laws and the Company may be held liable for investigation and remediation costs or claims for natural resource damages. It is not uncommon for neighboring landowners and other third parties to file claims for personal injury and property damage allegedly caused by hazardous substances or other pollutants released into the environment. Analogous state laws impose similar responsibilities and liabilities on responsible parties. In the Company’s current normal operations, it has generated waste, some of which falls within the statutory definition of a “hazardous substance” and some of which may have been disposed of at sites that may require cleanup under Superfund. The Company is also currently subject to certain other existing environmental claims and proceedings. The Company believes that there is only a remote possibility that future costs related to any of these other known contingent liability exposures would have a material impact on its financial position, results of operations or cash flows. Contingent Consideration In connection with the Martinez Acquisition, the Sale and Purchase Agreement includes an earn-out provision based on certain earnings 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 Consolidated Balance Sheets. There was no balance under the Martinez Contingent Consideration as of December 31, 2020, representing no anticipated future earn-out payments. In connection with the East Coast Storage Assets Acquisition, the purchase and sale agreement between PBFX and Crown Point included an earn-out provision related to the PBFX Contingent Consideration. 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 $12.1 million and $26.1 million as of December 31, 2020 and December 31, 2019, respectively, representing the present value of expected future payments. The short-term PBFX Contingent Consideration is included in “Accrued expenses” within the Company’s Consolidated Balance Sheets. The acquired idled assets that are subject to the PBFX Contingent Consideration recommenced operations in October 2019. Pursuant to the terms of the commercial agreement, in the third quarter of 2020, the counterparty exercised its right to terminate the contract at the conclusion of the current contract year, resulting in an adjustment in the fair value of the PBFX Contingent Consideration for the year ended December 31, 2020 of $16.4 million, reflecting the elimination of the estimated earn-out for years two and three of the performance period. There were no material changes in the fair value of the PBFX Contingent Consideration for the year ended December 31, 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 December 31, 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. No liability for the Tax Receivable Agreement was recognized as of December 31, 2020, reflecting the estimate of the undiscounted amounts that PBF Energy expects to pay under the agreement, net of the impact of a deferred tax asset valuation allowance recognized in accordance with ASC 740, Income Taxes . As future taxable income is recognized, increases in our Tax Receivable Agreement liability may be necessary in conjunction with the revaluation of deferred tax assets. PBF Energy recognized a liability for the Tax Receivable Agreement of $373.5 million as of December 31, 2019. Refer to “Note 21 - Income Taxes” for more details.

LEASES (Notes)

LEASES (Notes)	12 Months Ended
LEASES (Notes)	Dec. 31, 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 to twenty years, subject to certain renewal options as applicable. The Company considers those renewal or termination options that are reasonably certain to be exercised in the determination of the lease term and initial measurement of lease liabilities and right-of-use assets. Lease expense for operating lease payments is recognized on a straight-line basis over the lease term. Interest expense for finance leases is incurred based on the carrying value of the lease liability. Leases with an initial term of 12 months or less are not recorded on the balance sheet. 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, 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 December 31, 2020 and December 31, 2019 The table below presents the lease related assets and liabilities recorded on the Company’s Consolidated Balance Sheets as of December 31, 2020 and December 31, 2019: (in millions) Classification on the Balance Sheet December 31, 2020 December 31, Assets Operating lease assets Lease right of use assets $ 836.5 $ 306.4 Finance lease assets Lease right of use assets 80.4 24.2 Total lease right of use assets $ 916.9 $ 330.6 Liabilities Current liabilities: Operating lease liabilities Current operating lease liabilities $ 78.4 $ 72.1 Finance lease liabilities Accrued expenses 14.4 6.5 Noncurrent liabilities: Operating lease liabilities Long-term operating lease liabilities 756.0 233.1 Finance lease liabilities Long-term financing lease liabilities 68.3 18.4 Total lease liabilities $ 917.1 $ 330.1 Lease Costs The table below presents certain information related to costs for the Company’s leases for the year ended December 31, 2020 and December 31, 2019: Lease Costs (in millions) December 31, 2020 December 31, Components of total lease costs: Finance lease costs Amortization of right of use assets $ 14.0 $ 2.0 Interest on lease liabilities 4.3 0.8 Operating lease costs 162.3 109.8 Short-term lease costs 92.3 89.2 Variable lease costs 11.6 8.3 Total lease costs $ 284.5 $ 210.1 Sale-leaseback Transactions On April 17, 2020, the Company closed on the sale of five hydrogen plants to 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). 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. In August 2020, the parties executed long-term supply agreements through which Air Products will supply the Products for a term of fifteen years at these same refineries. As a result of these transactions, the Company recorded lease right of use assets of $504.1 million and corresponding operating lease liabilities of approximately $503.9 million. There were no net gains or losses on any sale-leaseback transactions for the year ended December 31, 2020. Other Information The table below presents supplemental cash flow information related to leases for the year ended December 31, 2020 and December 31, 2019 (in millions): Year Ended December 31, 2020 2020 2019 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows for operating leases $ 163.1 $ 110.3 Operating cash flows for finance leases 4.3 0.8 Financing cash flows for finance leases 12.4 1.4 Supplemental non-cash amounts of lease liabilities arising from obtaining right-of-use assets 702.0 184.9 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 December 31, 2020: Weighted average remaining lease term - operating leases 13.8 years Weighted average remaining lease term - finance leases 7.1 years Weighted average discount rate - operating leases 9.6 % Weighted average discount rate - finance leases 5.5 % 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 Consolidated Balance Sheets as of December 31, 2020: Amounts due in the year ended December 31, (in millions) Finance Leases Operating Leases 2021 $ 18.6 $ 153.0 2022 12.8 134.1 2023 12.8 111.8 2024 12.8 111.4 2025 11.4 98.0 Thereafter 31.7 907.3 Total minimum lease payments 100.1 1,515.6 Less: effect of discounting 17.4 681.2 Present value of future minimum lease payments 82.7 834.4 Less: current obligations under leases 14.4 78.4 Long-term lease obligations $ 68.3 $ 756.0 As of December 31, 2020, the Company has entered into certain leases that have not yet commenced. Such leases include a 15-year lease for water treatment equipment, with future lease payments estimated to total approximately $34.1 million, and is not expected to commence prior to April 1, 2021. No other such pending leases, either individually or in the aggregate, are material. There are no material lease arrangements in which the Company is the lessor.

STOCKHOLDERS' AND MEMBERS' EQUI

STOCKHOLDERS' AND MEMBERS' EQUITY STRUCTURE	12 Months Ended
STOCKHOLDERS' AND MEMBERS' EQUITY STRUCTURE	Dec. 31, 2020
Equity [Abstract]
STOCKHOLDERS’ AND MEMBERS’ EQUITY STRUCTURE	STOCKHOLDERS’ AND MEMBERS’ EQUITY STRUCTURE PBF Energy Capital Structure Class A Common Stock Holders of Class A common stock are entitled to receive dividends when and if declared by the Board of Directors out of funds legally available therefore, subject to any statutory or contractual restrictions on the payment of dividends and to any restrictions on the payment of dividends imposed by the terms of any outstanding preferred stock. Upon the Company’s dissolution or liquidation or the sale of all or substantially all of the assets, after payment in full of all amounts required to be paid to creditors and to the holders of preferred stock having liquidation preferences, if any, the holders of shares of Class A common stock will be entitled to receive pro rata remaining assets available for distribution. Holders of shares of Class A common stock do not have preemptive, subscription, redemption or conversion rights. Class B Common Stock Holders of shares of Class B common stock are entitled, without regard to the number of shares of Class B common stock held by such holder, to one vote for each PBF LLC Series A Unit beneficially owned by such holder. Accordingly, the members of PBF LLC other than PBF Energy collectively have a number of votes in PBF Energy that is equal to the aggregate number of PBF LLC Series A Units that they hold. Holders of shares of Class A common stock and Class B common stock vote together as a single class on all matters presented to stockholders for their vote or approval, except as otherwise required by applicable law. Holders of Class B common stock do not have any right to receive dividends or to receive a distribution upon a liquidation or winding up of PBF Energy. Preferred Stock Authorized preferred stock may be issued in one or more series, with designations, powers and preferences as shall be designated by the Board of Directors. PBF LLC Capital Structure PBF LLC Series A Units The allocation of profits and losses and distributions to PBF LLC Series A unitholders is governed by the limited liability company agreement of PBF LLC. These allocations are made on a pro rata basis with PBF LLC Series C Units. PBF LLC Series A unitholders do not have voting rights. PBF LLC Series B Units The PBF LLC Series B Units are intended to be “profit interests” within the meaning of Revenue Procedures 93-27 and 2001-43 of the Internal Revenue Service and have a stated value of zero at issuance. The PBF LLC Series B Units are held by certain of the Company’s current and former officers, have no voting rights and are designed to increase in value only after the Company’s financial sponsors achieve certain levels of return on their investment in PBF LLC Series A Units. Accordingly, the amounts paid to the holders of PBF LLC Series B Units, if any, will reduce only the amounts otherwise payable to the PBF LLC Series A Units held by the Company’s financial sponsors, and will not reduce or otherwise impact any amounts payable to PBF Energy (the holder of PBF LLC Series C Units), the holders of the Company’s Class A common stock or any other holder of PBF LLC Series A Units. The maximum number of PBF LLC Series B Units authorized to be issued is 1,000,000. PBF LLC Series C Units The PBF LLC Series C Units rank on a parity with the PBF LLC Series A Units as to distribution rights, voting rights and rights upon liquidation, winding up or dissolution. PBF LLC Series C Units are held solely by PBF Energy. Treasury Stock The Company’s Board of Directors previously authorized the repurchase of up to $300.0 million of the PBF Energy Class A common stock (the “Repurchase Program”). From the inception of the Repurchase Program through its expiration date, the Company has purchased approximately 6,050,717 shares of the PBF Energy Class A common stock through open market transactions under the Repurchase Program, for a total of $150.8 million. The Repurchase Program expired on September 30, 2018 and was not renewed. The Company also records PBF Energy Class A common stock surrendered to cover income tax withholdings for certain directors and employees and others pursuant to the vesting of certain awards under the Company’s equity-based compensation plans as treasury shares.

NONCONTROLLING INTERESTS

NONCONTROLLING INTERESTS	12 Months Ended
NONCONTROLLING INTERESTS	Dec. 31, 2020
Noncontrolling Interest [Abstract]
NONCONTROLLING INTERESTS	NONCONTROLLING INTERESTS 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 December 31, 2020 and 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 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 Consolidated Balance Sheets represents 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 the completion dates of each of the equity offerings and as of the years ended December 31, 2020, 2019 and 2018 are calculated as follows: Holders of Outstanding Shares Total January 1, 2018 3,767,464 110,565,531 114,332,995 3.3 % 96.7 % 100.0 % August 14, 2018 - Equity offering 1,206,325 119,852,874 121,059,199 1.0 % 99.0 % 100.0 % December 31, 2018 1,206,325 119,874,191 121,080,516 1.0 % 99.0 % 100.0 % December 31, 2019 1,215,317 119,804,971 121,020,288 1.0 % 99.0 % 100.0 % December 31, 2020 970,647 120,101,641 121,072,288 0.8 % 99.2 % 100.0 % 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 December 31, 2020. PBF LLC is also the sole member of PBF GP, the general partner of PBFX. As noted in “Note 3 - PBF Logistics LP”, pursuant to the IDR Restructuring, the IDRs held by PBF LLC were canceled and converted into newly issued common units. In addition, PBFX issued 6,585,500 common units to certain institutional investors in connection with the 2019 Registered Direct Offering on April 29, 2019. 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 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 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 the 2018 Registered Direct Offering, the Development Assets Acquisition, the 2019 Registered Direct Offering and the years ended December 31, 2020, 2019 and 2018 are calculated as follows: Units of PBFX Held by the Public Units of PBFX Held by PBF LLC (Including Subordinated Units) Total January 1, 2018 23,441,211 18,459,497 41,900,708 55.9 % 44.1 % 100.0 % July 30, 2018 - Registered Direct Offering 25,391,037 18,459,497 43,850,534 57.9 % 42.1 % 100.0 % July 31, 2018 - Development Assets consideration 25,391,037 19,953,631 45,344,668 56.0 % 44.0 % 100.0 % December 31, 2018 25,395,032 19,953,631 45,348,663 56.0 % 44.0 % 100.0 % April 29, 2019 - Registered Direct Offering 32,047,718 29,953,631 62,001,349 51.7 % 48.3 % 100.0 % December 31, 2019 32,176,404 29,953,631 62,130,035 51.8 % 48.2 % 100.0 % December 31, 2020 32,411,207 29,953,631 62,364,838 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 both of the years ended December 31, 2020 and 2019 the Company recorded a noncontrolling interest in the earnings of these subsidiaries of less than $0.3 million. Changes in Equity and Noncontrolling Interests On August 14, 2018, PBF Energy completed a public offering of an aggregate of 6,000,000 shares of its Class A common stock (the “August 2018 Equity Offering”) for net proceeds of $287.3 million, after deducting underwriting discounts and commissions and other offering expenses. The following tables summarize the changes in equity for the controlling and noncontrolling interests of PBF Energy for the years ended December 31, 2020, 2019 and 2018: PBF Energy (in millions) PBF Energy Noncontrolling Noncontrolling Interest in PBF Holding Noncontrolling Total Equity Balance at January 1, 2020 $ 3,039.6 $ 113.2 $ 10.9 $ 421.8 $ 3,585.5 Comprehensive income (loss) (1,393.2) (17.1) (0.3) 76.5 (1,334.1) Dividends and distributions (35.9) (0.4) — (46.8) (83.1) Effects of changes in deferred tax assets and liabilities and tax receivable agreement obligation (2.1) — — — (2.1) Stock-based compensation 28.2 — — 4.9 33.1 Exchanges of PBF Energy Company LLC Series A Units for PBF Energy Class A common stock 2.3 (2.3) — — — Exercise of PBF LLC and PBF Energy options and warrants, net 0.2 — — — 0.2 Taxes paid for net settlement of equity-based compensation (1.2) — — (0.9) (2.1) Other 4.9 — — — 4.9 Balance at December 31, 2020 $ 1,642.8 $ 93.4 $ 10.6 $ 455.5 $ 2,202.3 PBF Energy (in millions) PBF Energy Noncontrolling Noncontrolling Interest in PBF Holding Noncontrolling Total Equity Balance at January 1, 2019 $ 2,676.5 $ 112.2 $ 10.9 $ 448.9 $ 3,248.5 Comprehensive income 333.5 4.4 — 51.5 389.4 Dividends and distributions (143.8) (3.2) — (64.1) (211.1) Effects of changes in PBFX ownership interest on deferred tax assets and liabilities (1.3) — — — (1.3) Issuance of additional PBFX common units 152.0 — — (19.5) 132.5 Stock-based compensation 27.2 — — 6.8 34.0 Exercise of PBF LLC and PBF Energy options and warrants, net 0.3 — — — 0.3 Taxes paid for net settlement of equity-based compensation (4.6) (0.2) — — (4.8) Other (0.2) — — (1.8) (2.0) Balance at December 31, 2019 $ 3,039.6 $ 113.2 $ 10.9 $ 421.8 $ 3,585.5 PBF Energy (in millions) PBF Energy Noncontrolling Noncontrolling Interest in PBF Holding Noncontrolling Total Equity Balance at January 1, 2018 $ 2,336.6 $ 110.2 $ 10.8 $ 445.3 $ 2,902.9 Comprehensive income 131.3 4.7 0.1 42.2 178.3 Dividends and distributions (139.3) (2.1) — (49.5) (190.9) Effects of equity offerings and exchanges of PBF LLC Series A Units on deferred tax assets and liabilities and tax receivable agreement obligation (4.9) — — — (4.9) Issuance of additional PBFX common units 28.6 — — 6.3 34.9 Stock-based compensation 19.7 — — 5.7 25.4 August 2018 Equity Offering 287.3 — — — 287.3 Exercise of PBF LLC and PBF Energy options and warrants, net 14.0 — — — 14.0 Taxes paid for net settlement of equity-based compensation (4.8) (0.6) — — (5.4) Other 8.0 — — (1.1) 6.9 Balance at December 31, 2018 $ 2,676.5 $ 112.2 $ 10.9 $ 448.9 $ 3,248.5 The following tables summarize the changes in equity for the controlling and noncontrolling interests of PBF LLC for the years ended December 31, 2020, 2019, and 2018 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) (1,792.9) (0.3) 76.5 (1,716.7) Dividends and distributions (36.3) — (46.8) (83.1) Stock-based compensation 28.2 — 4.9 33.1 Exercise of Series A warrants and options (1.3) — — (1.3) Other (0.1) — (0.9) (1.0) Balance at December 31, 2020 $ 1,374.0 $ 10.6 $ 455.5 $ 1,840.1 PBF LLC (in millions) PBF Energy Company LLC Equity Noncontrolling Interest in PBF Holding Noncontrolling Total Equity Balance at January 1, 2019 $ 2,759.6 $ 10.9 $ 448.9 $ 3,219.4 Comprehensive income 442.7 — 51.5 494.2 Dividends and distributions (200.4) (64.1) (264.5) Issuance of additional PBFX common units 152.0 — (19.5) 132.5 Stock-based compensation 27.2 — 6.8 34.0 Exercise of Series A warrants and options (4.7) — — (4.7) Other — — (1.8) (1.8) Balance at December 31, 2019 $ 3,176.4 $ 10.9 $ 421.8 $ 3,609.1 PBF LLC (in millions) PBF Energy Company LLC Equity Noncontrolling Interest in PBF Holding Noncontrolling Total Equity Balance at January 1, 2018 $ 2,422.4 $ 10.8 $ 445.3 $ 2,878.5 Comprehensive income 140.8 0.1 42.2 183.1 Dividends and distributions (141.4) — (49.5) (190.9) Issuance of additional PBFX common units 28.6 — 6.3 34.9 Stock-based compensation 19.7 — 5.7 25.4 Exercise of Series A warrants and options (8.5) — — (8.5) Issuance of Series C units in connection with the August 2018 Equity Offering 287.3 — — 287.3 Other 10.7 — (1.1) 9.6 Balance at December 31, 2018 $ 2,759.6 $ 10.9 $ 448.9 $ 3,219.4 Comprehensive Income (Loss) Comprehensive income (loss) includes net income (loss) and other comprehensive income (loss) arising from activity related to the Company’s defined employee benefit plan and unrealized gain (loss) on available-for-sale securities. The following table summarizes the allocation of total comprehensive income (loss) of PBF Energy between the controlling and noncontrolling interests for the year ended December 31, 2020: PBF Energy (in millions) Attributable to Noncontrolling Total Net income (loss) $ (1,392.4) $ 59.1 $ (1,333.3) Other comprehensive income (loss): Unrealized loss on available for sale securities (0.1) — (0.1) Amortization of defined benefit plans unrecognized net loss (0.7) — (0.7) Total other comprehensive income (loss) (0.8) — (0.8) Total comprehensive income (loss) $ (1,393.2) $ 59.1 $ (1,334.1) The following table summarizes the allocation of total comprehensive income of PBF Energy between the controlling and noncontrolling interests for the year ended December 31, 2019: PBF Energy (in millions) Attributable to Noncontrolling Total Net income $ 319.4 $ 55.8 $ 375.2 Other comprehensive income: Unrealized gain on available for sale securities 0.4 — 0.4 Amortization of defined benefit plans unrecognized net gain 13.7 0.1 13.8 Total other comprehensive income 14.1 0.1 14.2 Total comprehensive income $ 333.5 $ 55.9 $ 389.4 The following table summarizes the allocation of total comprehensive income of PBF Energy between the controlling and noncontrolling interests for the year ended December 31, 2018: PBF Energy (in millions) Attributable to Noncontrolling Total Net income $ 128.3 $ 47.0 $ 175.3 Other comprehensive income (loss): Unrealized loss on available for sale securities (0.1) — (0.1) Amortization of defined benefit plans unrecognized net gain 3.1 — 3.1 Total other comprehensive income 3.0 — 3.0 Total comprehensive income $ 131.3 $ 47.0 $ 178.3 The following table summarizes the allocation of total comprehensive income (loss) of PBF LLC between the controlling and noncontrolling interests for the year ended December 31, 2020: PBF LLC (in millions) Attributable to Noncontrolling Total Net income (loss) $ (1,796.5) $ 76.2 $ (1,720.3) Other comprehensive income (loss): Unrealized loss on available for sale securities (0.1) — (0.1) Amortization of defined benefit plans unrecognized net gain 3.7 — 3.7 Total other comprehensive income 3.6 — 3.6 Total comprehensive income (loss) $ (1,792.9) $ 76.2 $ (1,716.7) The following table summarizes the allocation of total comprehensive income of PBF LLC between the controlling and noncontrolling interests for the year ended December 31, 2019: PBF LLC (in millions) Attributable to Noncontrolling Total Net income $ 428.5 $ 51.5 $ 480.0 Other comprehensive income: Unrealized gain on available for sale securities 0.4 — 0.4 Amortization of defined benefit plans unrecognized net gain 13.8 — 13.8 Total other comprehensive income 14.2 — 14.2 Total comprehensive income $ 442.7 $ 51.5 $ 494.2 The following table summarizes the allocation of total comprehensive income of PBF LLC between the controlling and noncontrolling interests for the year ended December 31, 2018: PBF LLC (in millions) Attributable to Noncontrolling Total Net income $ 137.8 $ 42.3 $ 180.1 Other comprehensive income (loss): Unrealized loss on available for sale securities (0.1) — (0.1) Amortization of defined benefit plans unrecognized net gain 3.1 — 3.1 Total other comprehensive income 3.0 — 3.0 Total comprehensive income $ 140.8 $ 42.3 $ 183.1

STOCK-BASED COMPENSATION

STOCK-BASED COMPENSATION	12 Months Ended
STOCK-BASED COMPENSATION	Dec. 31, 2020
Share-based Payment Arrangement [Abstract]
STOCK-BASED COMPENSATION	STOCK-BASED COMPENSATION The Company grants awards of PBF Energy Class A common stock and PBFX phantom units under its equity incentive plans which authorize the granting of various stock and stock-related awards to directors, employees, prospective employees and non-employees. Awards include non-qualified or incentive stock options, stock appreciation rights, stock awards (including restricted stock) and phantom unit awards, cash awards and performance awards that vest over a period determined by the plans. Stock-based compensation expense included in general and administrative expenses consisted of the following: Years Ended December 31, (in millions) 2020 2019 2018 PBF Energy options $ 16.1 $ 15.8 $ 11.5 PBF Energy restricted shares 5.3 6.5 7.5 PBF Energy performance awards 7.9 8.2 1.2 PBFX phantom units 4.9 6.8 5.8 $ 34.2 $ 37.3 $ 26.0 PBF Energy options PBF Energy grants stock options which represent the right to purchase share of the Company’s common stock at its fair market value, which is the closing price of PBF Energy’s common stock on the date of grant. Stock options have a maximum term of ten years from the date they are granted, and vest over a requisite service period of three years, or four years for grants prior to November 2020, subject to acceleration in certain circumstances. The Company uses the Black-Scholes option-pricing model to estimate the fair value of stock options granted, which requires the input of subjective assumptions. The Black-Scholes option-pricing model values used to value stock option awards granted were determined based on the following weighted average assumptions: December 31, 2020 December 31, 2019 December 31, 2018 Expected life (in years) 6.08 6.25 6.25 Expected volatility 69.1 % 38.6 % 35.8 % Dividend yield 1.41 % 3.54 % 3.49 % Risk-free rate of return 0.81 % 2.16 % 2.82 % Exercise price $ 13.58 $ 34.11 $ 35.25 Weighted average fair value per option granted $ 5.49 $ 9.43 $ 9.55 The following table summarizes activity for PBF Energy options for 2020: Number of Weighted Weighted Stock-based awards, outstanding at January 1, 2020 10,073,916 $ 30.47 7.17 Granted 3,947,726 13.58 10.00 Exercised (7,500) 26.00 — Forfeited (223,365) 26.96 — Outstanding at December 31, 2020 13,790,777 $ 25.69 7.12 Exercisable and vested at December 31, 2020 7,124,039 $ 29.12 5.49 Expected to vest at December 31, 2020 13,790,777 $ 25.69 7.12 At December 31, 2020, the total intrinsic value of stock options outstanding and exercisable were $1.0 million and $0.0 million, respectively. The total intrinsic value of stock options exercised during the years ended December 31, 2020, 2019 and 2018 was $0.0 million, $0.3 million and $12.4 million, respectively. Unrecognized compensation expense related to PBF Energy options at December 31, 2020 was $38.5 million, which will be recognized from 2021 through 2024. Restricted Stock Awards The Company grants restricted stock to employees and non-employee directors. In general, restricted stock granted to our employees vest over a requisite services period of four years, subject to acceleration in certain circumstances. Restricted stock recipients who received grants subsequent to May 2017 have voting rights; however, dividends are accrued and will be paid upon vesting. Restricted stock units granted to non-employee directors are considered to vest immediately at the time of the grant for accounting purposes, as they are non-forfeitable, but are issued in equal annual installments on each of the first three anniversaries of the grant date. The non-vested shares are not transferable and are held by our transfer agent. The fair values of restricted stock are equal to the market price of our common stock on the grant date. The following table summarizes activity for PBF Energy restricted stock: Number of Weighted Average Nonvested at January 1, 2020 492,225 $ 27.21 Granted 159,377 9.82 Vested (347,855) 23.51 Forfeited (192) 24.18 Nonvested at December 31, 2020 303,555 $ 22.32 Unrecognized compensation expense related to PBF Energy Restricted Class A common stock at December 31, 2020 was $1.5 million, which will be recognized from 2021 through 2023. The following table reflects activity related to our restricted stock: December 31, 2020 December 31, 2019 December 31, 2018 Weighted-average grant-date fair value per share of restricted stock granted $ 9.82 $ 28.20 $ 47.24 Fair value of restricted stock vested (in millions) $ 4.2 $ 11.6 $ 13.0 Performance Awards The Company grants performance share awards, which are paid in stock, and performance share unit awards, which are paid in cash, (collectively, the “performance awards”) to certain key employees. Performance awards granted to employees prior to November 1, 2020 are based on a three-year performance cycle (the "performance cycle") with four measurement periods and performance awards granted to employees after November 1, 2020 are based on a three-year performance cycle having a single measurement period. The performance awards will vest on the last day of the performance cycle, subject to forfeiture or acceleration under certain circumstances set forth in the award agreement. The number of performance awards that will ultimately vest is based on the Company’s total shareholder return over the performance cycle. The number of shares ultimately issued or cash paid under these awards can range from zero to 200% of target award amounts. Performance Share Unit Awards The performance share unit awards are accounted for as equity awards, for which the fair value was determined on the grant date by application of a Monte Carlo valuation model. The grant date fair value was calculated using a Monte Carlo valuation model with the following assumptions: December 31, 2020 December 31, 2019 December 31, 2018 Expected life (in years) 2.89 - 3.14 2.17 - 2.88 2.17 Expected volatility 39.88% - 82.63% 37.19% - 41.70% 39.04 % Dividend yield 0.00% - 4.28% 3.40% - 3.67% 2.95 % Risk-free rate of return 0.26% - 1.34% 1.66% - 2.51% 2.89 % Weighted average grant-date fair value per PSU $ 10.77 $ 27.99 $ 50.23 The risk-free interest rate for the remaining performance period as of the grant date is based on a linear interpolation of published yields of traded U.S. Treasury Interest-Only STRIP Bonds. The dividend yield assumption is based on the annualized most recent quarterly dividend divided by the stock price on the grant date. The assumption for the expected volatility of the Company’s stock price reflects the average of PBF Energy’s common stock historical and implied volatility. The following table summarizes activity for PBF Energy performance share awards: Number of Weighted Average Nonvested at January 1, 2020 360,797 $ 39.03 Granted 446,267 10.77 Vested (a) (179,072) 50.23 Forfeited (4,832) 33.01 Nonvested at December 31, 2020 623,160 $ 15.62 (a) In 2020, PSU’s with fair value of $0.8 million were vested. As of December 31, 2020, unrecognized compensation cost related to performance share unit awards was $6.3 million, which is expected to be recognized over a weighted average period of 2.20 years. Performance Unit awards The performance unit awards are dollar denominated with a target value of $1.00, with actual payout of up to $2.00 per unit (or 200 percent of target). The performance unit awards are settled in cash based on the payout amount determined at the end of the performance cycle. The Company accounts for the performance unit awards as liability awards which the Company recorded at fair market value on the date of grant. Subsequently, the performance unit awards will be marked-to-market at the end of each fiscal quarter by application of a Monte Carlo simulation model. The following table summarizes activity for PBF Energy performance unit awards: (in millions) Number of Nonvested at January 1, 2020 $ 15.1 Granted 8.5 Vested (a) (7.3) Forfeited (0.2) Nonvested at December 31, 2020 $ 16.1 (a) In 2020, Performance Units with fair value of $3.2 million were vested. As of December 31, 2020, unrecognized compensation cost related to performance unit awards was $4.8 million, which is expected to be recognized over a weighted average period of 2.47 years. PBFX Phantom Units PBF GP’s board of directors adopted the PBF Logistics LP 2014 Long-Term Incentive Plan (the “PBFX LTIP”) in connection with the completion of the PBFX Offering. The PBFX LTIP is for the benefit of employees, consultants, service providers and non-employee directors of the general partner and its affiliates. In the years ended December 31, 2020, 2019 and 2018, PBFX issued phantom unit awards under the PBFX LTIP to certain directors, officers and employees of our general partner or its affiliates as compensation. The fair value of each phantom unit on the grant date is equal to the market price of PBFX’s common unit on that date. The estimated fair value of PBFX’s phantom units is amortized using the straight-line method over the vesting period of four years, subject to acceleration if certain conditions are met. Total unrecognized compensation cost related to PBFX’s nonvested phantom units totaled $5.2 million as of December 31, 2020, which will be recognized from 2021 through 2024. The fair value of nonvested phantom units outstanding as of December 31, 2020 totaled $11.8 million. A summary of PBFX’s unit award activity for the years ended December 31, 2020, 2019 and 2018 is set forth below: Number of Phantom Units Weighted Average Nonvested at January 1, 2020 761,840 $ 20.77 Granted 342,482 8.14 Vested (325,384) 20.63 Forfeited (9,250) 13.34 Nonvested at December 31, 2020 769,688 $ 15.29 The following table reflects activity related to our phantom units: December 31, 2020 December 31, 2019 December 31, 2018 Weighted-average grant-date fair value per share of phantom unit granted $ 8.14 $ 21.39 $ 19.95 Fair value of phantom unit vested (in millions) $ 3.2 $ 6.2 $ 4.7

EMPLOYEE BENEFIT PLANS

EMPLOYEE BENEFIT PLANS	12 Months Ended
EMPLOYEE BENEFIT PLANS	Dec. 31, 2020
Retirement Benefits [Abstract]
EMPLOYEE BENEFIT PLANS	EMPLOYEE BENEFIT PLANS Defined Contribution Plan The Company’s defined contribution plan covers all employees. Employees are eligible to participate as of the first day of the month following 30 days of service. Participants can make basic contributions up to 50 percent of their annual salary subject to Internal Revenue Service limits. The Company matches participants’ contributions at the rate of 200 percent of the first 3 percent of each participant’s total basic contribution based on the participant’s total annual salary. The Company’s contribution to the qualified defined contribution plans was $32.7 million, $27.5 million and $26.3 million for the years ended December 31, 2020, 2019 and 2018, respectively. Defined Benefit and Post-Retirement Medical Plans The Company sponsors a noncontributory defined benefit pension plan (the “Qualified Plan”) with a policy to fund pension liabilities in accordance with the limits imposed by the Employee Retirement Income Security Act of 1974 and Federal income tax laws. In addition, the Company sponsors a supplemental pension plan covering certain employees, which provides incremental payments that would have been payable from the Company’s principal pension plan, were it not for limitations imposed by income tax regulations (the “Supplemental Plan”). The funded status is measured as the difference between plan assets at fair value and the projected benefit obligation which is to be recognized in the Consolidated Balance Sheets. The plan assets and benefit obligations are measured as of the Consolidated Balance Sheet date. The non-union Delaware City employees and all Paulsboro, Toledo, Chalmette, Torrance and Martinez employees became eligible to participate in the Company’s defined benefit plans as of the respective acquisition dates. The union Delaware City employees became eligible to participate in the Company’s defined benefit plans upon commencement of normal operations. The Company did not assume any of the employees’ pension liability accrued prior to the respective acquisitions. The Company formed the Post-Retirement Medical Plan on December 31, 2010 to provide health care coverage continuation from date of retirement to age 65 for qualifying employees associated with the Paulsboro acquisition. The Company credited the qualifying employees with their prior service under Valero Energy Corporation which resulted in the recognition of a liability for the projected benefit obligation. The Post-Retirement Medical Plan was amended during 2013 to include all corporate employees, amended in 2014 to include Delaware City and Toledo employees, amended in 2015 to include Chalmette employees, amended in 2016 to include Torrance employees and amended in 2020 to include Martinez employees. The changes in the benefit obligation, the changes in fair value of plan assets, and the funded status of the Company’s Pension and Post-Retirement Medical Plans as of and for the years ended December 31, 2020 and 2019 were as follows: Pension Plans Post-Retirement (in millions) 2020 2019 2020 2019 Change in benefit obligation: Benefit obligation at beginning of year $ 271.2 $ 218.4 $ 17.5 $ 19.3 Service cost 59.0 43.6 1.0 1.0 Interest cost 6.9 8.3 0.4 0.7 Plan amendments — — 1.8 — Benefit payments (18.0) (9.0) (0.6) (1.3) Actuarial loss (gain) 10.2 9.9 1.9 (2.2) Projected benefit obligation at end of year $ 329.3 $ 271.2 $ 22.0 $ 17.5 Change in plan assets: Fair value of plan assets at beginning of year $ 197.4 $ 143.4 $ — $ — Actual return on plan assets 28.6 29.0 — — Benefits paid (18.0) (9.0) (0.6) (1.3) Employer contributions 47.8 34.0 0.6 1.3 Fair value of plan assets at end of year $ 255.8 $ 197.4 $ — $ — Reconciliation of funded status: Fair value of plan assets at end of year $ 255.8 $ 197.4 $ — $ — Less benefit obligations at end of year 329.3 271.2 22.0 17.5 Funded status at end of year $ (73.5) $ (73.8) $ (22.0) $ (17.5) The accumulated benefit obligations for the Company’s Pension Plans exceed the fair value of the assets of those plans at December 31, 2020 and 2019. The accumulated benefit obligation for the defined benefit plans approximated $281.5 million and $228.0 million at December 31, 2020 and 2019, respectively. Benefit payments, which reflect expected future services that the Company expects to pay are as follows for the years ended December 31: (in millions) Pension Benefits Post-Retirement 2021 $ 35.4 $ 2.1 2022 20.4 2.0 2023 17.8 1.9 2024 20.4 1.7 2025 23.5 1.7 Years 2026-2030 156.2 7.8 The Company’s funding policy for its defined benefit plans is to contribute amounts sufficient to meet legal funding requirements, plus any additional amounts that may be appropriate considering the funded status of the plans, tax consequences, the cash flow generated by the Company and other factors. The Company plans to contribute approximately $55.3 million to the Company’s Pension Plans during 2021. The components of net periodic benefit cost were as follows for the years ended December 31, 2020, 2019 and 2018: Pension Benefits Post-Retirement (in millions) 2020 2019 2018 2020 2019 2018 Components of net periodic benefit cost: Service cost $ 59.0 $ 43.6 $ 47.4 $ 1.0 $ 1.0 $ 1.1 Interest cost 6.9 8.3 5.8 0.4 0.7 0.7 Expected return on plan assets (12.5) (9.6) (8.5) — — — Amortization of prior service cost and actuarial loss 0.3 0.3 0.2 0.6 0.5 0.7 Net periodic benefit cost $ 53.7 $ 42.6 $ 44.9 $ 2.0 $ 2.2 $ 2.5 Lump sum payments made by the Supplemental Plan to employees retiring in 2020, 2019 and 2018 did not exceed the Plan’s total service and interest costs expected for those years. The pre-tax amounts recognized in other comprehensive (income) loss for the years ended December 31, 2020, 2019 and 2018 were as follows: Pension Benefits Post-Retirement (in millions) 2020 2019 2018 2020 2019 2018 Prior service costs $ — $ — $ — $ 1.8 $ — $ — Net actuarial (gain) loss (5.9) (10.7) 1.9 1.9 (2.3) (3.4) Amortization of losses and prior service cost (0.3) (0.3) (0.8) (0.6) (0.5) (0.7) Total changes in other comprehensive (income) loss $ (6.2) $ (11.0) $ 1.1 $ 3.1 $ (2.8) $ (4.1) The pre-tax amounts in accumulated other comprehensive income (loss) as of December 31, 2020, and 2019 that have not yet been recognized as components of net periodic costs were as follows: Pension Benefits Post-Retirement (in millions) 2020 2019 2020 2019 Prior service costs $ (0.6) $ (0.7) $ (5.0) $ (4.0) Net actuarial (loss) gain (8.4) (14.5) 3.9 6.1 Total $ (9.0) $ (15.2) $ (1.1) $ 2.1 The weighted average assumptions used to determine the benefit obligations as of December 31, 2020, and 2019 were as follows: Qualified Plan Supplemental Plan Post-Retirement Medical Plan 2020 2019 2020 2019 2020 2019 Discount rate - benefit obligations 2.36 % 3.21 % 2.21 % 3.09 % 1.90 % 2.88 % Rate of compensation increase 4.28 % 4.28 % 4.50 % 4.50 % — — The weighted average assumptions used to determine the net periodic benefit costs for the years ended December 31, 2020, 2019 and 2018 were as follows: Qualified Plan Supplemental Plan Post-Retirement Medical Plan 2020 2019 2018 2020 2019 2018 2020 2019 2018 Discount rates: Effective rate for service cost 2.94% 4.24% 3.62% 2.79% 4.19% 3.58% 2.86% 4.21% 3.59% Effective rate for interest cost 2.50% 3.92% 3.21% 2.33% 3.83% 3.15% 2.21% 3.69% 2.97% Effective rate for interest on service cost 2.59% 4.00% 3.32% 2.42% 3.90% 3.24% 2.68% 4.09% 3.46% Cash balance interest credit rate 2.19% 3.34% 2.88% 2.19% 3.34% 2.88% N/A N/A N/A Expected long-term rate of return on plan assets 5.75% 6.00% 6.25% N/A N/A N/A N/A N/A N/A Rate of compensation increase 4.28% 4.55% 4.53% 4.50% 5.00% 5.00% N/A N/A N/A The assumed health care cost trend rates as of December 31, 2020 and 2019 were as follows: Post-Retirement 2020 2019 Health care cost trend rate assumed for next year 5.4 % 5.7 % Rate to which the cost trend rate was assumed to decline (the ultimate trend rate) 4.5 % 4.5 % Year that the rate reaches the ultimate trend rate 2038 2038 The table below presents the fair values of the assets of the Company’s Qualified Plan as of December 31, 2020 and 2019 by level of fair value hierarchy. Assets categorized in Level 2 of the hierarchy consist of collective trusts and are measured at fair value based on the closing net asset value (“NAV”) as determined by the fund manager and reported daily. As noted above, the Company’s post-retirement medical plan is funded on a pay-as-you-go basis and has no assets. Fair Value Measurements Using December 31, (in millions) 2020 2019 Equities: Domestic equities $ 64.4 $ 47.8 Developed international equities 38.2 29.5 Global low volatility equities 22.5 16.9 Emerging market equities 20.7 14.9 Fixed-income 95.7 74.9 Real Estate 13.3 8.3 Cash and cash equivalents 1.0 5.1 Total $ 255.8 $ 197.4 The Company’s investment strategy for its Qualified Plan is to achieve a reasonable return on assets that supports the plan’s interest credit rating, subject to a moderate level of portfolio risk that provides liquidity. Consistent with these financial objectives as of December 31, 2020, the plan’s target allocations for plan assets are 54% invested in equity securities, 40% fixed income investments and 6% in real estate. Equity securities include international stocks and a blend of U.S. growth and value stocks of various sizes of capitalization. Fixed income securities include bonds and notes issued by the U.S. government and its agencies, corporate bonds, and mortgage-backed securities. The aggregate asset allocation is reviewed on an annual basis. The overall expected long-term rate of return on plan assets for the Qualified Plan is based on the Company’s view of long-term expectations and asset mix.

REVENUES

REVENUES	12 Months Ended
REVENUES	Dec. 31, 2020
REVENUE [Abstract]
REVENUES	REVENUES Adoption of ASC 606, “Revenue from Contracts with Customers” Effective January 1, 2018, the Company adopted ASC 606. The Company adopted ASC 606 using the modified retrospective method, which has been applied for the years ended December 31, 2020, 2019 and 2018. The Company did not record a cumulative effect adjustment upon initially applying ASC 606 as there was not a significant impact upon adoption; however, the details of significant qualitative and quantitative disclosure changes upon implementing ASC 606 are detailed below. Revenue Recognition 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 22 - 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. Year Ended December 31, (in millions) 2020 2019 2018 Refining Segment: Gasoline and distillates $ 12,799.4 $ 21,278.4 $ 23,032.6 Feedstocks and other 935.5 806.9 1,372.3 Asphalt and blackoils 777.9 1,426.4 1,592.9 Chemicals 351.5 682.3 842.8 Lubricants 180.7 274.9 321.5 Total Revenues $ 15,045.0 $ 24,468.9 $ 27,162.1 Logistics Segment: Logistics 360.3 340.2 283.4 Total revenue prior to eliminations $ 15,405.3 $ 24,809.1 $ 27,445.5 Elimination of intercompany revenue (289.4) (300.9) (259.4) Total Revenues $ 15,115.9 $ 24,508.2 $ 27,186.1 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 the Company’s adoption of ASC 606. 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 $47.2 million and $20.1 million as of December 31, 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. Significant Judgment and Practical Expedients For performance obligations related to sales of products, the Company has determined that customers are able to direct the use of, and obtain substantially all of the benefits from, the products at the point in time that the products are delivered. The Company has determined that the transfer of control upon delivery to the customer’s requested destination accurately depicts the transfer of goods. Upon the delivery of the products and transfer of control, the Company generally has the present right to payment and the customers bear the risks and rewards of ownership of the products. The Company has elected the practical expedient to not disclose the value of unsatisfied performance obligations for (i) contracts with an original expected length of one year or less and (ii) contracts for which the Company recognizes revenue at the amount to which it has the right to invoice for services performed.

INCOME TAXES

INCOME TAXES	12 Months Ended
INCOME TAXES	Dec. 31, 2020
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES PBF Energy is required to file federal and applicable state corporate income tax returns and recognizes income taxes on its pre-tax income, which to-date has consisted primarily of its share of PBF LLC’s pre-tax income (see “Note 16 - Stockholders’ and Members’ Equity Structure”). 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. Valuation Allowance Management assesses the available positive and negative evidence to estimate whether sufficient future taxable income will be generated to permit use of existing deferred tax assets. Negative evidence evaluated as part of this assessment included PBF Energy’s cumulative loss incurred over the three-year period ended December 31, 2020. Such objective evidence limits PBF Energy’s ability to consider other subjective evidence, such as PBF Energy’s projections for future taxable income as market conditions, commodity prices and demand for refined petroleum products normalize. On the basis of this evaluation, as of December 31, 2020, a valuation allowance of $358.4 million has been recorded to recognize only the portion of deferred tax assets that are more likely than not to be realized. The amount of the deferred tax assets considered realizable, however, could be adjusted if estimates of future taxable income are reduced or increased or if objective negative evidence in the form of cumulative losses is no longer present and additional weight is given to subjective evidence such as PBF Energy’s projections for future taxable income. The income tax provision in the PBF Energy Consolidated Statements of Operations consists of the following: (in millions) Year Ended Year Ended Year Ended Current expense (benefit): Federal $ (1.7) $ 0.2 $ 0.8 Foreign — 0.1 — State 2.2 0.3 — Total current 0.5 0.6 0.8 Deferred expense (benefit): Federal (6.6) 91.8 18.7 Foreign 5.4 (8.7) 7.2 State 2.8 20.6 6.8 Total deferred 1.6 103.7 32.7 Total provision for income taxes $ 2.1 $ 104.3 $ 33.5 The difference between PBF Energy’s effective income tax rate and the United States statutory rate is reconciled below: Year Ended Year Ended Year Ended Provision at Federal statutory rate 21.0 % 21.0 % 21.0 % Increase (decrease) attributable to flow-through of certain tax adjustments: State income taxes (net of federal income tax) 5.6 % 3.9 % 5.0 % Nondeductible/nontaxable items (0.1) % 0.1 % 1.0 % Rate differential from foreign jurisdictions — % (0.2) % 0.9 % Provision to return adjustment (0.1) % (0.1) % (4.0) % Adjustment to deferred tax assets and liabilities for change in tax rates 0.1 % (0.5) % — % Stock-based compensation — % 0.1 % (2.6) % Deferred tax asset valuation allowance (25.8) % — % — % Other (0.9) % 0.3 % (0.6) % Effective tax rate (0.2) % 24.6 % 20.7 % PBF Energy’s effective income tax rate for the years ended December 31, 2020, 2019 and 2018, including the impact of income attributable to noncontrolling interests of $59.1 million, $55.8 million and $47.0 million, respectively, was (0.2)%, 21.8% and 16.0%, respectively. For the year ended December 31, 2020 PBF Energy’s effective tax rate was affected by the valuation allowance described above. For the year ended December 31, 2019, PBF Energy’s effective tax rate was materially consistent with its statutory federal and state tax rates. For the year ended December 31, 2018, the main drivers of PBF Energy’s reduced effective tax rate related to the treatment of stock-based compensation excess tax benefits under recently adopted ASU No. 2017-09, “Compensation—Stock Compensation”, and the provision to return adjustments primarily attributable to the state business mix apportionment. For financial reporting purposes, income (loss) before income taxes attributable to PBF Energy Inc. stockholders includes the following components: (in millions) Year Ended Year Ended Year Ended United States income (loss) $ (1,413.0) $ 450.0 $ 134.3 Foreign income (loss) 22.7 (26.3) 27.5 Total income (loss) before income taxes attributable to PBF Energy Inc. stockholders $ (1,390.3) $ 423.7 $ 161.8 A summary of the components of PBF Energy’s deferred tax assets and deferred tax liabilities consists of the following: (in millions) December 31, 2020 December 31, 2019 Deferred tax assets Purchase interest step-up $ 155.2 $ 278.1 Inventory 146.5 10.5 Pension, employee benefits and compensation 48.5 60.3 Hedging 4.3 3.3 Net operating loss carry forwards 566.9 136.3 Environmental liabilities 100.8 33.6 Lease liabilities 223.4 83.4 Interest expense limitation carry forwards 55.8 31.5 Other 28.4 29.2 Total deferred tax assets 1,329.8 666.2 Valuation allowances (358.4) — Total deferred tax assets, net 971.4 666.2 Deferred tax liabilities Property, plant and equipment 845.1 678.1 Right of use assets 223.4 83.6 Other 2.5 1.4 Total deferred tax liabilities 1,071.0 763.1 Net deferred tax liabilities $ (99.6) $ (96.9) As of December 31, 2020, PBF Energy has federal and state income tax net operating loss carry forwards of $2,313.0 million and $102.6 million, respectively. The portion of the federal net operating loss carry forward that was generated in years prior to 2018 expires in varying amounts through 2037. A federal net operating loss of $1,764.2 million from 2019 and 2020 has an indefinite carry forward period and can be used to offset 80% of taxable income in future years. The state net operating loss carry forwards expire at various dates from 2029 through 2040 with certain jurisdictions having indefinite net operating loss carry forwards periods. The Company has recorded valuation allowances against these assets, as it is deemed “more likely than not” that the deferred tax assets will not be realized. The reported income tax (benefit) expense in the PBF LLC Consolidated Statements of Operations consists of the following: (in millions) Year Ended Year Ended Year Ended Current income tax (benefit) expense $ (1.2) $ 0.5 $ 0.8 Deferred income tax expense (benefit) 7.3 (8.8) 7.2 Total income tax expense (benefit) $ 6.1 $ (8.3) $ 8.0 Income tax years that remain subject to examination by material jurisdictions, where an examination has not already concluded are all years including and subsequent to: United States Federal 2017 New Jersey 2015 Michigan 2016 Delaware 2017 Indiana 2017 Pennsylvania 2017 New York 2017 Louisiana 2017 California 2016 The Company does not have any unrecognized tax benefits.

SEGMENT INFORMATION

SEGMENT INFORMATION	12 Months Ended
SEGMENT INFORMATION	Dec. 31, 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 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, Canada and Mexico, 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 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 years ended December 31, 2020, 2019 and 2018 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. Year Ended December 31, 2020 PBF Energy (in millions) Refining Logistics Corporate Eliminations Consolidated Total Revenues $ 15,045.0 $ 360.3 $ — $ (289.4) $ 15,115.9 Depreciation and amortization expense 498.0 53.7 11.3 — 563.0 Income (loss) from operations (1,450.4) 195.3 (161.7) — (1,416.8) Interest expense, net 1.7 47.9 208.6 — 258.2 Capital expenditures (1) 1,546.6 12.3 10.7 — 1,569.6 Year Ended December 31, 2019 Refining Logistics Corporate Eliminations Consolidated Total Revenues $ 24,468.9 $ 340.2 $ — $ (300.9) $ 24,508.2 Depreciation and amortization expense 386.7 38.6 10.8 — 436.1 Income (loss) from operations (2) (3) 767.9 159.3 (270.3) (7.9) 649.0 Interest expense, net 1.3 51.1 107.2 — 159.6 Capital expenditures 708.9 31.7 8.3 — 748.9 Year Ended December 31, 2018 Refining Logistics Corporate Eliminations Consolidated Total Revenues $ 27,162.1 $ 283.4 $ — $ (259.4) $ 27,186.1 Depreciation and amortization expense 329.3 29.8 10.6 — 369.7 Income (loss) from operations (3) 498.2 143.9 (266.2) (17.8) 358.1 Interest expense, net 7.6 43.0 119.3 — 169.9 Capital expenditures (4) 552.0 175.7 6.2 — 733.9 Balance at December 31, 2020 Refining Logistics Corporate Eliminations Consolidated Total Total assets $ 9,565.0 $ 933.6 $ 54.4 $ (53.2) $ 10,499.8 Balance at December 31, 2019 Refining Logistics Corporate Eliminations Consolidated Total Total assets (2) $ 8,154.8 $ 973.0 $ 52.7 $ (48.1) $ 9,132.4 Year Ended December 31, 2020 PBF LLC (in millions) Refining Logistics Corporate Eliminations Consolidated Total Revenues $ 15,045.0 $ 360.3 $ — $ (289.4) $ 15,115.9 Depreciation and amortization expense 498.0 53.7 11.3 — 563.0 Income (loss) from operations (1,450.4) 195.3 (160.9) — (1,416.0) Interest expense, net 1.7 47.9 218.9 — 268.5 Capital expenditures (1) 1,546.6 12.3 10.7 — 1,569.6 Year Ended December 31, 2019 Refining Logistics Corporate Eliminations Consolidated Total Revenues $ 24,468.9 $ 340.2 $ — $ (300.9) $ 24,508.2 Depreciation and amortization expense 386.7 38.6 10.8 — 436.1 Income (loss) from operations (2) (3) 767.9 159.3 (268.6) (7.9) 650.7 Interest expense, net 1.3 51.1 116.7 — 169.1 Capital expenditures 708.9 31.7 8.3 — 748.9 Year Ended December 31, 2018 Refining Logistics Corporate Eliminations Consolidated Total Revenues $ 27,162.1 $ 283.4 $ — $ (259.4) $ 27,186.1 Depreciation and amortization expense 329.3 29.8 10.6 — 369.7 Income (loss) from operations (3) 498.2 143.9 (264.4) (17.8) 359.9 Interest expense, net 7.6 43.0 127.9 — 178.5 Capital expenditures (4) 552.0 175.7 6.2 — 733.9 Balance at December 31, 2020 Refining Logistics Corporate Eliminations Consolidated Total Total assets $ 9,565.0 $ 933.6 $ 52.3 $ (53.2) $ 10,497.7 Balance at December 31, 2019 Refining Logistics Corporate Eliminations Consolidated Total Total assets (2) $ 8,154.8 $ 973.0 $ 49.4 $ (48.1) $ 9,129.1 (1) The Refining segment includes capital expenditures of $1,176.2 million for the acquisition of the Martinez refinery in the first quarter of 2020. (2) On April 24, 2019, PBFX entered into 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. Prior to the TVPC Acquisition, TVP Holding owned a 50% membership interest in TVPC. Subsequent to the closing of the TVPC Acquisition on May 31, 2019, PBFX owns 100% of the membership interests in TVPC. (3) 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 Consolidated Financial Statements, PBF Holding’s equity income in investee and PBFX’s net income attributable to noncontrolling interest eliminate in consolidation.

NET INCOME PER SHARE OF PBF ENE

NET INCOME PER SHARE OF PBF ENERGY	12 Months Ended
NET INCOME PER SHARE OF PBF ENERGY	Dec. 31, 2020
Earnings Per Share [Abstract]
NET INCOME PER SHARE OF PBF ENERGY	NET INCOME PER SHARE OF PBF ENERGY The following table sets forth the computation of basic and diluted net income 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) Year Ended December 31, Basic Earnings Per Share: 2020 2019 2018 Allocation of earnings: Net income (loss) attributable to PBF Energy Inc. stockholders $ (1,392.4) $ 319.4 $ 128.3 Less: Income allocated to participating securities 0.1 0.5 0.7 Income (loss) available to PBF Energy Inc. stockholders - basic $ (1,392.5) $ 318.9 $ 127.6 Denominator for basic net income (loss) per PBF Energy Class A common share-weighted average shares 119,617,998 119,887,646 115,190,262 Basic net income (loss) attributable to PBF Energy per Class A common share $ (11.64) $ 2.66 $ 1.11 Diluted Earnings Per Share: Numerator: Income (loss) available to PBF Energy Inc. stockholders - basic $ (1,392.5) $ 318.9 $ 127.6 Plus: Net income (loss) attributable to noncontrolling interest (1) (17.1) 4.3 4.6 Less: Income tax benefit (expense) on net income (loss) attributable to noncontrolling interest (1) 4.6 (1.0) (1.2) Numerator for diluted net income (loss) per Class A common share - net income (loss) attributable to PBF Energy Inc. stockholders (1) $ (1,405.0) $ 322.2 $ 131.0 Denominator (1) : Denominator for basic net income (loss) per PBF Energy Class A common share-weighted average shares 119,617,998 119,887,646 115,190,262 Effect of dilutive securities: Conversion of PBF LLC Series A Units 1,042,667 1,207,581 1,938,089 Common stock equivalents (2) — 758,072 1,645,255 Denominator for diluted net income (loss) per PBF Energy Class A common share-adjusted weighted average shares 120,660,665 121,853,299 118,773,606 Diluted net income (loss) attributable to PBF Energy Inc. stockholders per Class A common share $ (11.64) $ 2.64 $ 1.10 —————————— (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 26.6%, 24.9% and 26.0% annualized statutory corporate tax rate for the years ended December 31, 2020, 2019 and 2018) attributable to the converted units. (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 PSUs 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 14,446,894, 6,765,526 and 1,293,242 shares of PBF Energy Class A common stock and PBF LLC Series A units because they are anti-dilutive for the years ended December 31, 2020, 2019 and 2018, respectively. For periods showing a net loss, all common stock equivalents and unvested restricted stock are considered anti-dilutive.

FAIR VALUE MEASUREMENTS

FAIR VALUE MEASUREMENTS	12 Months Ended
FAIR VALUE MEASUREMENTS	Dec. 31, 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 December 31, 2020 and 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 Consolidated Balance Sheets. As of December 31, 2020 Fair Value Hierarchy (in millions) Level 1 Level 2 Level 3 Total Gross Fair Value Effect of Counter-party Netting Net Carrying Value on Balance Sheet Assets: Money market funds $ 411.6 $ — $ — $ 411.6 N/A $ 411.6 Commodity contracts 2.5 3.5 — 6.0 (6.0) — Derivatives included with inventory intermediation agreement obligations — 11.3 — 11.3 — 11.3 Liabilities: Commodity contracts 2.3 6.7 — 9.0 (6.0) 3.0 Catalyst obligations — 102.5 — 102.5 — 102.5 Contingent consideration obligation — — 12.1 12.1 — 12.1 As of December 31, 2019 Fair Value Hierarchy (in millions) Level 1 Level 2 Level 3 Total Gross Fair Value Effect of Counter-party Netting Net Carrying Value on Balance Sheet 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 Contingent consideration obligation — — 26.1 26.1 — 26.1 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. • When applicable, 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 are derived using broker quotes, prices from other third party sources and other available market based data. • The contingent consideration obligation at December 31, 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. 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 December 31, 2020 and 2019, $21.2 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, which primarily includes the change in estimated future earnings related to both the Martinez Contingent Consideration and the PBFX Contingent Consideration: Year Ended December 31, (in millions) 2020 2019 Balance at beginning of period $ 26.1 $ 21.6 Additions 77.3 — Accretion on discounted liabilities 3.8 1.9 Settlements (3.0) — Unrealized gain included in earnings (92.1) 2.6 Balance at end of period $ 12.1 $ 26.1 There were no transfers between levels during the years ended December 31, 2020 and 2019, respectively. Fair value of debt The table below summarizes the fair value and carrying value of debt as of December 31, 2020 and 2019. December 31, 2020 December 31, 2019 (in millions) Carrying Fair Carrying Fair 2025 Senior Secured Notes (a) $ 1,250.6 $ 1,232.9 $ — $ — 2028 Senior Notes (a) 1,000.0 562.5 — — 2025 Senior Notes (a) 725.0 475.3 725.0 776.5 2023 Senior Notes (a) (b) — — 500.0 519.7 PBFX 2023 Senior Notes (a) 526.6 503.0 527.2 543.0 Revolving Credit Facility (c) 900.0 900.0 — — PBFX Revolving Credit Facility (c) 200.0 200.0 283.0 283.0 PBF Rail Term Loan (c) 7.4 7.4 14.5 14.5 Catalyst financing arrangements (d) 102.5 102.5 47.6 47.6 4,712.1 3,983.6 2,097.3 2,184.3 Less - Current debt (7.4) (7.4) — — Less - Unamortized deferred financing costs (51.1) n/a (32.4) n/a Long-term debt $ 4,653.6 $ 3,976.2 $ 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 10 - Credit Facilities and 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	12 Months Ended
DERIVATIVES	Dec. 31, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract]
DERIVATIVES	DERIVATIVES The 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 December 31, 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 December 31, 2020, there were 2,604,736 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 December 31, 2020, there were 7,183,000 barrels of crude oil and 2,810,000 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 December 31, 2020 and December 31, 2019 and the line items in the Consolidated Balance Sheets in which the fair values are reflected. Description Fair Value (in millions) Derivatives designated as hedging instruments: December 31, 2020: Derivatives included with the inventory intermediation agreement obligations Accrued expenses $ 11.3 December 31, 2019: Derivatives included with the inventory intermediation agreement obligations Accrued expenses $ (1.3) Derivatives not designated as hedging instruments: December 31, 2020: Commodity contracts Accounts receivable $ (3.0) 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 Consolidated Statements of Operations in which such gains and losses are reflected. Description Location of Gain or (Loss) Recognized in Gain or (Loss) (in millions) Derivatives designated as hedging instruments: For the year ended December 31, 2020: Derivatives included with the inventory intermediation agreement obligations Cost of products and other $ 12.6 For the year ended December 31, 2019: Derivatives included with the inventory intermediation agreement obligations Cost of products and other $ (25.4) For the year ended December 31, 2018: Derivatives included with the inventory intermediation agreement obligations Cost of products and other $ 31.8 Derivatives not designated as hedging instruments: For the year ended December 31, 2020: Commodity contracts Cost of products and other $ 44.4 For the year ended December 31, 2019: Commodity contracts Cost of products and other $ 36.5 For the year ended December 31, 2018: Commodity contracts Cost of products and other $ (123.8) Hedged items designated in fair value hedges: For the year ended December 31, 2020: Crude oil, intermediate and refined product inventory Cost of products and other $ (12.6) For the year ended December 31, 2019: Intermediate and refined product inventory Cost of products and other $ 25.4 For the year ended December 31, 2018: Intermediate and refined product inventory Cost of products and other $ (31.8)

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	12 Months Ended
SUBSEQUENT EVENTS	Dec. 31, 2020
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	. SUBSEQUENT EVENTS PBFX Distributions On February 11, 2021, the Board of Directors of PBF GP announced a distribution of $0.30 per unit on outstanding common units of PBFX. The distribution is payable on March 17, 2021 to PBFX unitholders of record as of February 25, 2021.

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	Dec. 31, 2020
Accounting Policies [Abstract]
Principles of Consolidation and Presentation	Principles of Consolidation and PresentationThese Consolidated Financial Statements include the accounts of PBF Energy and subsidiaries in which PBF Energy has a controlling interest. All intercompany accounts and transactions have been eliminated in consolidation.
Cost Classifications	Cost Classifications Cost of products and other consists of the cost of crude oil, other feedstocks, blendstocks and purchased refined products and the related in-bound freight and transportation costs.
Reclassification	Reclassification As of December 31, 2020, Financing lease right of use assets, previously included in Deferred charges and other assets, net, in the 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 Consolidated Balance Sheets, are presented as separate line items in the 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.
Use of Estimates	Use of Estimates The preparation of the financial statements in conformity with accounting principles generally accepted in the United States (“GAAP”) requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses and the related disclosures. Actual results could differ from those estimates.
Impairment Assessment	Impairment Assessment The global crisis resulting from the spread of the 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, enduring throughput reductions across the Company’s refineries and continued decrease in demand for the Company’s products, the Company determined an impairment triggering event had occurred as of December 31, 2020. As such, the Company performed an impairment assessment on its long-lived assets as of December 31, 2020. As a result of the 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. In connection with the Company’s ongoing strategic response plan to deal with the COVID-19 pandemic and its East Coast Refining Reconfiguration (as defined in “Note 7 - Property, Plant and Equipment, net”), it recorded an impairment charge of approximately $91.8 million associated to the write-down of certain assets and project abandonments. Refer to “Note 7 - Property, Plant and Equipment, net” for further details. As discussed further in “Note 3 - PBF Logistics LP” and “Note 14 - Commitments and Contingencies”, PBFX recognized an impairment charge of $7.0 million during the third quarter of 2020 as a result of a third party contract termination which led to the write-down of certain processing unit assets and a customer contract intangible asset that were directly tied to the contract. If adverse market conditions persist or there is further deterioration in the general economic environment due to the COVID-19 pandemic, there could be additional indicators that the Company’s assets are impaired requiring evaluation that may result in future impairment charges to earnings.
Business Combinations	Business Combinations We use the acquisition method of accounting for the recognition of assets acquired and liabilities assumed in business combinations at their estimated fair values as of the date of acquisition. Any excess consideration transferred over the estimated fair values of the identifiable net assets acquired is recorded as goodwill. Significant judgment is required in estimating the fair value of assets acquired. As a result, in the case of significant acquisitions, we obtain the assistance of third-party valuation specialists in estimating fair values of tangible and intangible assets based on available historical information and on expectations and assumptions about the future, considering the perspective of marketplace participants. While management believes those expectations and assumptions are reasonable, they are inherently uncertain. Unanticipated market or macroeconomic events and circumstances may occur, which could affect the accuracy or validity of the estimates and assumptions. Certain of the Company’s acquisitions may include earn-out provisions or other forms of contingent consideration. As of the acquisition date, the Company records contingent consideration, as applicable, at the estimated fair value of expected future payments associated with the earn-out. Any changes to the recorded fair value of contingent consideration, subsequent to the measurement period, will be recognized as earnings in the period in which it occurs.
Cash and Cash Equivalents	Cash and Cash EquivalentsThe Company considers all highly liquid investments with original maturities of three months or less to be cash equivalents. The carrying amount of the cash equivalents approximates fair value due to the short-term maturity of those instruments
Concentrations of Credit Risk	Concentrations of Credit Risk For the year ended December 31, 2020, only one customer, Royal Dutch Shell, accounted for 10% or more of the Company’s revenues (approximately 13%). For the years ended December 31, 2019, and 2018 no single customer amounted to greater than or equal to 10% of the Company’s revenues.
Revenue, Deferred Revenue and Accounts Receivable	Revenue, Deferred Revenue and Accounts Receivable Effective January 1, 2018, the Company adopted ASC 606, Revenues from Contracts with Customers (“ASC 606”). As a result, the Company has changed its accounting policy for the recognition of revenue from contracts with customers. The Company sells various refined products primarily through its refinery subsidiaries and recognizes revenue related to the sale of products when control of the promised goods or services is transferred to the customers, in an amount that reflects the consideration the Company expects to be entitled to in exchange for those goods or services. Refer to “Note 20 - Revenues” for further discussion of the Company’s revenue recognition policy, including deferred revenues and the practical expedients elected as part of the transition to ASC 606. During 2019, PBF Holding and its subsidiaries, DCR and PRC, entered into amendments to the existing inventory intermediation agreements (as amended in the first quarter of 2019 and amended and restated in the third quarter of 2019, the “Inventory Intermediation Agreements”) with J. Aron & Company, a subsidiary of The Goldman Sachs Group, Inc. (“J. Aron”), pursuant to which certain terms of the existing inventory intermediation agreements were amended, including, among other things, the maturity date. On March 29, 2019 the Inventory Intermediation Agreement by and among J. Aron, PBF Holding and DCR was amended to add the East Coast Storage Assets (as defined in “Note 3 - PBF Logistics LP”) as a location and crude oil as a new product type to be included in the J. Aron Products (as defined in “Note 6 - Inventories”) sold to J. Aron by DCR. On August 29, 2019 the Inventory Intermediation Agreement by and among J. Aron, PBF Holding and PRC was extended to December 31, 2021, which term may be further extended by mutual consent of the parties to December 31, 2022 and the Inventory Intermediation Agreement by and among J. Aron, PBF Holding and DCR was extended to June 30, 2021, which term may be further extended by mutual consent of the parties to June 30, 2022. Pursuant to each Inventory Intermediation Agreement, J. Aron purchases and holds title to the J. Aron Products produced by the refinery and delivered into the J. Aron Storage Tanks (as defined in “Note 6 - Inventories”). The J. Aron Products are sold back to the Company as the J. Aron Products are discharged out of the J. Aron Storage Tanks. These purchases and sales are settled monthly at the daily market prices related to those J. Aron Products. These transactions are considered to be made in contemplation of each other and, accordingly, do not result in the recognition of a sale when title passes from the Delaware City and Paulsboro refineries to J. Aron. Additionally, J. Aron has the right to store the J. Aron Products purchased in J. Aron Storage Tanks under the Inventory Intermediation Agreements and will retain these storage rights for the term of the agreements. PBF Holding continues to market and sell the J. Aron Products independently to third parties.
Allowance for Doubtful Accounts	Accounts receivable are carried at invoiced amounts. An allowance for doubtful accounts is established, if required, to report such amounts at their estimated net realizable value. In estimating probable losses, management reviews accounts that are past due and determines if there are any known disputes. There was no allowance for doubtful accounts at December 31, 2020 and 2019.
Excise Taxes	Excise taxes on sales of refined products that are collected from customers and remitted to various governmental agencies are reported on a net basis.
Inventory	Inventory Inventories are carried at the lower of cost or market. The cost of crude oil, feedstocks, blendstocks and refined products are determined under the last-in first-out (“LIFO”) method using the dollar value LIFO method with increments valued based on average purchase prices during the year. The cost of supplies and other inventories is determined principally on the weighted average cost method.
Leases	Leases Effective January 1, 2019, the Company adopted Financial Accounting Standards Board (“FASB”) Accounting Standards Update (“ASU”) 2016-02, Leases (“ASC 842”), using the modified retrospective approach. As of the date of implementation on January 1, 2019, the impact of the adoption of ASC 842 resulted in the recognition of a right of use asset and lease liability on the Company’s Consolidated Balance Sheets of approximately $250.0 million. The Company leases office space, office equipment, refinery facilities and equipment, railcars and other logistics assets primarily under non-cancelable operating leases, with terms typically ranging from one twenty 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, the Company accounts for the non-lease service component separately.
Property, Plant and Equipment	Property, Plant and Equipment Property, plant and equipment additions are recorded at cost. The Company capitalizes costs associated with the preliminary, pre-acquisition and development/construction stages of a major construction project. The Company capitalizes the interest cost associated with major construction projects based on the effective interest rate of total borrowings. The Company also capitalizes costs incurred in the acquisition and development of software for internal use, including the costs of software, materials, consultants and payroll-related costs for employees incurred in the application development stage. Depreciation is computed using the straight-line method over the following estimated useful lives: Process units and equipment 5-25 years Pipeline and equipment 5-25 years Buildings 25 years Computers, furniture and fixtures 3-7 years Leasehold improvements 20 years Railcars 50 years Maintenance and repairs are charged to operating expenses as they are incurred. Improvements and betterments, which extend the lives of the assets, are capitalized.
Deferred Charges and Other Assets, Net	Deferred Charges and Other Assets, Net Deferred charges and other assets include refinery turnaround costs, catalyst, precious metal catalysts, linefill, deferred financing costs and intangible assets. Refinery turnaround costs, which are incurred in connection with planned major maintenance activities, are capitalized when incurred and amortized on a straight-line basis over the period of time estimated to lapse until the next turnaround occurs. The amortization period generally ranges from 3 to 6 years; however, based upon the specific facts and circumstances, different periods of deferral occur. As a result of the East Coast Refining Reconfiguration (as defined in “Note 7 - Property, Plant and Equipment, net), certain major processing units were temporarily idled. As such, the Company accelerated the recognition of approximately $56.2 million of unamortized deferred turnaround costs associated with these idled units. Precious metal catalysts, linefill and certain other intangibles are considered indefinite-lived assets as they are not expected to deteriorate in their prescribed functions. Such assets are assessed for impairment in connection with the Company’s review of its long-lived assets. Deferred financing costs are capitalized when incurred and amortized over the life of the loan (generally 1 to 8 years).
Finite-Lived Intangible Assets	Intangible assets with finite lives primarily consist of emission credits, permits and customer relationships and are amortized over their estimated useful lives (generally 1 to 10 years).
Long-Lived Assets and Definite-Lived Intangibles	Long-Lived Assets and Definite-Lived Intangibles The Company reviews its long-lived assets for impairment whenever events or changes in circumstances indicate the carrying value may not be recoverable. Impairment is evaluated by comparing the carrying value of the long-lived assets to the estimated undiscounted future cash flows expected to result from use of the assets and their ultimate disposition. If such analysis indicates that the carrying value of the long-lived assets is not considered to be recoverable, the carrying value is reduced to the fair value. Impairment assessments inherently involve judgment as to assumptions about expected future cash flows and the impact of market conditions on those assumptions. Although management utilizes assumptions that it believes are reasonable, future events and changing market conditions may impact management’s assumptions, which could produce different results.
Asset Retirement Obligations	Asset Retirement Obligations The Company records an asset retirement obligation at fair value for the estimated cost to retire a tangible long-lived asset at the time the Company incurs that liability, which is generally when the asset is purchased, constructed, or leased. The Company records the liability when it has a legal or contractual obligation to incur costs to retire the asset and when a reasonable estimate of the fair value of the liability can be made. If a reasonable estimate cannot be made at the time the liability is incurred, the Company will record the liability when sufficient information is available to estimate the liability’s fair value. Certain of the Company’s asset retirement obligations are based on its legal obligation to perform remedial activity at its refinery sites when it permanently ceases operations of the long-lived assets. The Company therefore considers the settlement date of these obligations to be indeterminable. Accordingly, the Company cannot calculate an associated asset retirement liability for these obligations at this time. The Company will measure and recognize the fair value of these asset retirement obligations when the settlement date is determinable.
Environmental Matters	Environmental Matters Liabilities for future remediation costs are recorded when environmental assessments and/or remedial efforts are probable and the costs can be reasonably estimated. Other than for assessments, the timing and magnitude of these accruals generally are based on the completion of investigations or other studies or a commitment to a formal plan of action. Environmental liabilities are based on best estimates of probable future costs using currently available technology and applying current regulations, as well as the Company’s own internal environmental policies. The measurement of environmental remediation liabilities may be discounted to reflect the time value of money if the aggregate amount and timing of cash payments of the liabilities are fixed or reliably determinable. The actual settlement of the Company’s liability for environmental matters could materially differ from its estimates due to a number of uncertainties such as the extent of contamination, changes in environmental laws and regulations, potential improvements in remediation technologies and the participation of other responsible parties.
Stock-Based Compensation	Stock-Based Compensation Stock-based compensation includes the accounting effect of options to purchase PBF Energy Class A common stock granted by the Company to certain employees, Series A warrants issued or granted by PBF LLC to employees in connection with their acquisition of PBF LLC Series A units, options to acquire Series A units of PBF LLC granted by PBF LLC to certain employees, Series B units of PBF LLC that were granted to certain members of management and restricted PBF LLC Series A Units and restricted PBF Energy Class A common stock granted to certain directors and officers. The estimated fair value of the options to purchase PBF Energy Class A common stock and the PBF LLC Series A warrants and options is based on the Black-Scholes option pricing model and the fair value of the PBF LLC Series B units is estimated based on a Monte Carlo simulation model. The estimated fair value is amortized as stock-based compensation expense on a straight-line method over the vesting period and included in General and administrative expense with forfeitures recognized in the period they occur. Additionally, stock-based compensation includes unit-based compensation provided to certain officers, non-employee directors and seconded employees of PBFX’s general partner, PBF GP, or its affiliates, consisting of PBFX phantom units. The fair value of PBFX’s phantom units are measured based on the fair market value of the underlying common units on the date of grant based on the common unit closing price on the grant date. The estimated fair value of PBFX’s phantom units is amortized over the vesting period using the straight-line method. Awards vest over a four
Income Taxes	Income Taxes As a result of the PBF Energy’s acquisition of PBF LLC Series A Units or exchanges of PBF LLC Series A Units for PBF Energy Class A common stock, PBF Energy expects to benefit from amortization and other tax deductions reflecting the step up in tax basis in the acquired assets. Those deductions will be allocated to PBF Energy and will be taken into account in reporting PBF Energy’s taxable income. As a result of a federal income tax election made by PBF LLC, applicable to a portion of PBF Energy’s acquisition of PBF LLC Series A Units, the income tax basis of the assets of PBF LLC, underlying a portion of the units PBF Energy acquired, has been adjusted based upon the amount that PBF Energy paid for that portion of its PBF LLC Series A Units. PBF Energy entered into the Tax Receivable Agreement (as defined in “Note 14 - Commitments and Contingencies”) which provides for the payment by PBF Energy 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 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. As a result of these transactions, PBF Energy’s tax basis in its share of PBF LLC’s assets will be higher than the book basis of these same assets. This resulted in a deferred tax asset of $155.2 million as of December 31, 2020. Deferred taxes are calculated using a liability method, whereby deferred tax assets are recognized for deductible temporary differences and deferred tax liabilities are recognized for taxable temporary differences. Temporary differences represent the differences between reported amounts of assets and liabilities and their tax bases. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will not be realized. Deferred tax assets and liabilities are adjusted for the effect of changes in tax laws and rates on the date of enactment. PBF Energy recognizes tax benefits for uncertain tax positions only if it is more likely than not that the position is sustainable based on its technical merits. Interest and penalties on uncertain tax positions are included as a component of the provision for income taxes on the Consolidated Statements of Operations. As a result of management’s assessment of the available positive and negative evidence to estimate whether sufficient future taxable income will be generated to permit use of the existing deferred tax assets as of December 31, 2020, a valuation allowance of $358.4 million was recorded to recognize only the portion of deferred tax assets that are more likely than not to be realized. The amount of the deferred tax assets considered realizable, however, could be adjusted if estimates of future taxable income during the carryforward period are reduced or increased or if objective negative evidence in the form of cumulative losses is no longer present and additional weight is given to subjective evidence such as our projections for future taxable income. As a result of the valuation allowance, the liability associated with the Tax Receivable Agreement was reduced to zero.
Net Income Per Share	Net Income Per ShareNet income per share is calculated by dividing the net income available to PBF Energy Class A common stockholders by the weighted average number of shares of PBF Energy Class A common stock outstanding during the period. Diluted net income per share is calculated by dividing the net income available to PBF Energy Class A common stockholders, adjusted for the net income attributable to the noncontrolling interest and the assumed income tax expense thereon, by the weighted average number of PBF Energy Class A common shares outstanding during the period adjusted to include the assumed exchange of all PBF LLC Series A units outstanding for PBF Energy Class A common stock, if applicable under the if converted method, and the potentially dilutive effect of outstanding options to purchase shares of PBF Energy Class A common stock, performance share awards and options and warrants to purchase PBF LLC Series A Units, subject to forfeiture utilizing the treasury stock method.
Pension and Other Post-Retirement Benefits	Pension and Other Post-Retirement Benefits The Company recognizes an asset for the overfunded status or a liability for the underfunded status of its pension and post-retirement benefit plans. The funded status is recorded within Other long-term liabilities or assets. Changes in the plans’ funded status are recognized in other comprehensive income in the period the change occurs.
Fair Value Measurement	Fair Value Measurement A fair value hierarchy (Level 1, Level 2, or Level 3) is used to categorize fair value amounts based on the quality of inputs used to measure fair value. Accordingly, fair values derived from Level 1 inputs utilize quoted prices in active markets for identical assets or liabilities. Fair values derived from Level 2 inputs are based on quoted prices for similar assets and liabilities in active markets, and inputs other than quoted prices that are either directly or indirectly observable for the asset or liability. Level 3 inputs are unobservable inputs for the asset or liability, and include situations where there is little, if any, market activity for the asset or liability. The Company uses appropriate valuation techniques based on the available inputs to measure the fair values of its applicable assets and liabilities. When available, the Company measures fair value using Level 1 inputs because they generally provide the most reliable evidence of fair value. In some valuations, the inputs may fall into different levels in the hierarchy. In these cases, the asset or liability level within the fair value hierarchy is based on the lowest level of input that is significant to the fair value measurements.
Financial Instruments	Financial Instruments The estimated fair value of financial instruments has been determined based on the Company’s assessment of available market information and appropriate valuation methodologies. The Company’s non-derivative financial instruments that are included in current assets and current liabilities are recorded at cost in the Consolidated Balance Sheets. The estimated fair value of these financial instruments approximates their carrying value due to their short-term nature. Derivative instruments are recorded at fair value in the Consolidated Balance Sheets. The Company’s commodity contracts are measured and recorded at fair value using Level 1 inputs based on quoted prices in an active market, Level 2 inputs based on quoted market prices for similar instruments, or Level 3 inputs based on third-party sources and other available market based data. The Company’s catalyst obligations and derivatives related to the Company’s crude oil and feedstocks and refined product purchase obligations are measured and recorded at fair value using Level 2 inputs on a recurring basis, based on observable market prices for similar instruments.
Derivative Instruments	Derivative Instruments The Company is exposed to market risk, primarily related to changes in commodity prices for the crude oil and feedstocks used in the refining process as well as the prices of the refined products sold and the risk associated with the price of credits needed to comply with various governmental and regulatory environmental compliance programs. The accounting treatment for commodity and environmental compliance contracts depends on the intended use of the particular contract and on whether or not the contract meets the definition of a derivative. All derivative instruments, not designated as normal purchases or sales, are recorded in the Consolidated Balance Sheets as either assets or liabilities measured at their fair values. Changes in the fair value of derivative instruments that either are not designated or do not qualify for hedge accounting treatment or normal purchase or normal sale accounting are recognized currently in earnings. Contracts qualifying for the normal purchase and sales exemption are accounted for upon settlement. Cash flows related to derivative instruments that are not designated or do not qualify for hedge accounting treatment are included in operating activities. The Company designates certain derivative instruments as fair value hedges of a particular risk associated with a recognized asset or liability. At the inception of the hedge designation, the Company documents the relationship between the hedging instrument and the hedged item, as well as its risk management objective and strategy for undertaking various hedge transactions. Derivative gains and losses related to these fair value hedges, including hedge ineffectiveness, are recorded in cost of sales along with the change in fair value of the hedged asset or liability attributable to the hedged risk. Cash flows related to derivative instruments that are designated as fair value hedges are included in operating activities. Economic hedges are hedges not designated as fair value or cash flow hedges for accounting purposes that are used to (i) manage price volatility in certain refinery feedstock and refined product inventories, and (ii) manage price volatility in certain forecasted refinery feedstock purchases and refined product sales. These instruments are recorded at fair value and changes in the fair value of the derivative instruments are recognized currently in cost of sales. Derivative accounting is complex and requires management judgment in the following respects: identification of derivatives and embedded derivatives, determination of the fair value of derivatives, documentation of hedge relationships, assessment and measurement of hedge ineffectiveness and election and designation of the normal purchases and sales exception. All of these judgments, depending upon their timing and effect, can have a significant impact on the Company’s earnings.
Recently Issued Accounting Pronouncements	Recently Adopted Accounting Pronouncements 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 beginning after December 15, 2020, for public business entities. Early adoption is permitted for all entities. The Company adopted this ASU effective January 1, 2020, which did not have a material impact on its 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 adopted this ASU effective January 1, 2020, which did not have a material impact on its Consolidated Financial Statements. Refer to “Note 19 - Employee Benefits Plans” for further disclosure related to our adoption of this pronouncement. In June 2016, the FASB issued 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, which did not have a material impact on its Consolidated Financial Statements. Refer to “Note 5 - 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 to alleviate the burden in accounting for reference rate reform, by allowing certain expedients and exceptions in applying GAAP to contracts, hedging relationship and other transactions affected by the expected market transition from London Interbank Offered Rate (“LIBOR”) and other interbank rates. The amendments in this ASU are effective for all entities at any time beginning on March 12, 2020 through December 31, 2022 and may be applied from the beginning of an interim period that includes the issuance date of the ASU. The Company is currently evaluating the impact of this new standard on its Consolidated Financial Statements and related disclosures.

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	12 Months Ended
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	Dec. 31, 2020
Accounting Policies [Abstract]
Useful lives of property, plant and equipment	Property, plant and equipment, net consisted of the following: (in millions) December 31, December 31, Land $ 534.7 $ 360.5 Processing units, pipelines and equipment 5,026.2 4,108.0 Buildings and leasehold improvements 127.0 64.6 Computers, furniture and fixtures 164.3 143.5 Construction in progress 199.2 312.2 6,051.4 4,988.8 Less—Accumulated depreciation (1,208.1) (965.6) Total property, plant and equipment, net $ 4,843.3 $ 4,023.2
Property, Plant and Equipment, Useful Lives	Depreciation is computed using the straight-line method over the following estimated useful lives: Process units and equipment 5-25 years Pipeline and equipment 5-25 years Buildings 25 years Computers, furniture and fixtures 3-7 years Leasehold improvements 20 years Railcars 50 years

ACQUISITIONS (Tables)

ACQUISITIONS (Tables)	12 Months Ended
ACQUISITIONS (Tables)	Dec. 31, 2020
East Coast Storage Assets Acquisition [Member]
Business Acquisition [Line Items]
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 were as follows: (in millions) Purchase Price Gross purchase price (a) $ 105.9 Working capital adjustments — Contingent consideration (b) 21.1 Total consideration $ 127.0 _______________________ (a) Includes $30.9 million net present value payable of $32.0 million due to Crown Point one year after closing. The remaining $32.0 million payment was paid in full on October 1, 2019. (b) The East Coast Storage Asset Acquisition includes consideration in the form of the PBFX Contingent Consideration over a contractual term of up to three years starting in 2019. PBFX recorded the Contingent Consideration based on its estimated fair value of $21.1 million at the acquisition date. The remaining short-term PBFX Contingent Consideration is included in “Accrued expenses” in the Consolidated Balance Sheets at December 31, 2020.
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]	The following table summarizes the final amounts recognized for assets acquired and liabilities assumed as of the acquisition date: (in millions) Fair Value Allocation Accounts receivable $ 0.4 Prepaid and other current assets 0.6 Property, plant and equipment 115.6 Intangible assets (a) 13.3 Accounts payable (0.9) Accrued expenses (1.3) Other long-term liabilities (0.7) Fair value of net assets acquired $ 127.0 _____________________ (a) Intangible assets are included in “Deferred charges and other assets” within the Consolidated Balance Sheets.
Business Acquisition, Pro Forma Information [Table Text Block]	Year Ended (Unaudited) PBF Energy Pro forma revenues $ 27,203.5 Pro forma net income attributable to PBF Energy Inc. stockholders 124.6 Pro forma net income available to Class A common stock per share: Basic $ 1.08 Diluted $ 1.07 PBF LLC Pro forma revenues $ 27,203.5 Pro forma net income attributable to PBF LLC 130.2
Martinez Acquisition
Business Acquisition [Line Items]
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 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 [Table Text Block]	The following table summarizes the final 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 Consolidated Balance Sheets.
Business Acquisition, Pro Forma Information [Table Text Block]	December 31, December 31, (Unaudited, in millions) PBF Energy Pro-forma revenues $ 15,479.7 $ 28,323.1 Pro-forma net income (loss) attributable to PBF Energy Inc. stockholders (1,423.4) 122.6 Pro forma net income (loss) available to PBF Energy Class A common stock per share: Basic: $ (11.90) $ 1.02 Diluted: $ (11.90) $ 1.01 PBF LLC Pro-forma revenues $ 15,479.7 $ 28,323.1 Pro-forma net income (loss) attributable to PBF LLC (1,827.8) 165.2

INVENTORIES (Tables)

INVENTORIES (Tables)	12 Months Ended
INVENTORIES (Tables)	Dec. 31, 2020
Inventory Disclosure [Abstract]
Schedule of Inventory	Inventories consisted of the following: December 31, 2020 (in millions) Titled Inventory Inventory Intermediation Agreements Total Crude oil and feedstocks $ 1,018.9 $ — $ 1,018.9 Refined products and blendstocks 933.7 266.5 1,200.2 Warehouse stock and other 136.7 — 136.7 $ 2,089.3 $ 266.5 $ 2,355.8 Lower of cost or market adjustment (572.4) (97.2) (669.6) Total inventories $ 1,516.9 $ 169.3 $ 1,686.2 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

PROPERTY, PLANT AND EQUIPMENT_2

PROPERTY, PLANT AND EQUIPMENT, NET (Tables)	12 Months Ended
PROPERTY, PLANT AND EQUIPMENT, NET (Tables)	Dec. 31, 2020
Property, Plant and Equipment [Abstract]
Summary of property, plant and equipment	Property, plant and equipment, net consisted of the following: (in millions) December 31, December 31, Land $ 534.7 $ 360.5 Processing units, pipelines and equipment 5,026.2 4,108.0 Buildings and leasehold improvements 127.0 64.6 Computers, furniture and fixtures 164.3 143.5 Construction in progress 199.2 312.2 6,051.4 4,988.8 Less—Accumulated depreciation (1,208.1) (965.6) Total property, plant and equipment, net $ 4,843.3 $ 4,023.2

DEFERRED CHARGES AND OTHER AS_2

DEFERRED CHARGES AND OTHER ASSETS, NET (Tables)	12 Months Ended
DEFERRED CHARGES AND OTHER ASSETS, NET (Tables)	Dec. 31, 2020
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Schedule of deferred charges and other assets, net	Deferred charges and other assets, net consisted of the following: PBF Energy (in millions) December 31, December 31, Deferred turnaround costs, net $ 598.2 $ 722.7 Catalyst, net 155.2 132.7 Environmental credits 39.6 37.8 Linefill 27.4 19.5 Pension plan assets 21.2 10.3 Intangible assets, net 10.1 24.3 Other 20.5 7.6 Total deferred charges and other assets, net $ 872.2 $ 954.9 PBF LLC (in millions) December 31, December 31, Deferred turnaround costs, net $ 598.2 $ 722.7 Catalyst, net 155.2 132.7 Environmental credits 39.6 37.8 Linefill 27.4 19.5 Pension plan assets 21.2 10.3 Intangible assets, net 10.1 24.3 Other 20.6 6.5 Total deferred charges and other assets, net $ 872.3 $ 953.8
Intangible assets, net	Intangible assets, net primarily consists of customer relationships, permits and emission credits. Our net balance as of December 31, 2020 and December 31, 2019 is shown below: (in millions) December 31, December 31, Intangible assets - gross $ 25.5 $ 29.5 Accumulated amortization (15.4) (5.2) Intangible assets - net $ 10.1 $ 24.3

ACCRUED EXPENSES (Tables)

ACCRUED EXPENSES (Tables)	12 Months Ended
ACCRUED EXPENSES (Tables)	Dec. 31, 2020
Payables and Accruals [Abstract]
Schedule of accrued expenses	Accrued expenses consisted of the following: PBF Energy (in millions) December 31, December 31, Inventory-related accruals $ 695.0 $ 1,103.2 Renewable energy credit and emissions obligations 528.1 17.7 Inventory intermediation agreements 225.8 278.1 Excise and sales tax payable 120.1 98.6 Accrued transportation costs 72.1 88.7 Accrued utilities 58.6 40.1 Accrued interest 46.1 12.1 Accrued salaries and benefits 42.2 81.1 Accrued refinery maintenance and support costs 35.7 16.9 Accrued capital expenditures 15.0 32.2 Current finance lease liabilities 14.4 6.5 Contingent Consideration 12.1 10.0 Environmental liabilities 11.8 12.8 Customer deposits 4.0 1.8 Other 30.5 15.8 Total accrued expenses $ 1,911.5 $ 1,815.6 PBF LLC (in millions) December 31, December 31, Inventory-related accruals $ 695.0 $ 1,103.2 Renewable energy credit and emissions obligations 528.1 17.7 Inventory intermediation agreements 225.8 278.1 Excise and sales tax payable 120.1 98.6 Accrued interest 83.8 39.5 Accrued transportation costs 72.1 88.7 Accrued utilities 58.6 40.1 Accrued salaries and benefits 42.2 81.1 Accrued refinery maintenance and support costs 35.7 16.9 Accrued capital expenditures 15.0 32.2 Current finance lease liabilities 14.4 6.5 Contingent Consideration 12.1 10.0 Environmental liabilities 11.8 12.8 Customer deposits 4.0 1.8 Other 32.5 19.0 Total accrued expenses $ 1,951.2 $ 1,846.2

CREDIT FACILITIES AND DEBT (Tab

CREDIT FACILITIES AND DEBT (Tables)	12 Months Ended
CREDIT FACILITIES AND DEBT (Tables)	Dec. 31, 2020
Debt Disclosure [Abstract]
Summary of long-term debt outstanding	Long-term debt outstanding consisted of the following: (in millions) December 31, December 31, 2025 Senior Secured Notes $ 1,250.6 $ — 2028 Senior Notes 1,000.0 — 2025 Senior Notes 725.0 725.0 2023 Senior Notes — 500.0 PBFX 2023 Senior Notes 526.6 527.2 Revolving Credit Facility 900.0 — PBFX Revolving Credit Facility 200.0 283.0 PBF Rail Term Loan 7.4 14.5 Catalyst financing arrangements 102.5 47.6 4,712.1 2,097.3 Less—Current debt (7.4) — Unamortized deferred financing costs (51.1) (32.4) Long-term debt $ 4,653.6 $ 2,064.9 Details of the catalyst financing arrangements at each of the Company’s refineries as of December 31, 2020 are included in the following table: Refinery Metal Annual interest rate Expiration date Paulsboro Platinum 1.47 % December 2022 Delaware City Platinum 2.75 % October 2021 (1) Delaware City Palladium 3.45 % September 2021 (1) Toledo Platinum 4.05 % September 2021 (1) Chalmette Platinum 2.10 % October 2021 (1) Chalmette Platinum 1.80 % November 2022 Torrance Platinum 1.78 % July 2022 Martinez Platinum 4.05 % September 2021 (1) Martinez Palladium 3.45 % September 2021 (1) __________________
Schedule of debt maturing in the next five years and thereafter	Debt maturing in the next five years and thereafter is as follows (in millions): Year Ending December 31, 2021 $ 86.3 2022 23.6 2023 1,626.6 2024 — 2025 1,975.6 Thereafter 1,000.0 $ 4,712.1

OTHER LONG-TERM LIABILITIES (Ta

OTHER LONG-TERM LIABILITIES (Tables)	12 Months Ended
OTHER LONG-TERM LIABILITIES (Tables)	Dec. 31, 2020
Other Liabilities Disclosure [Abstract]
Schedule of other long-term liabilities	Other long-term liabilities consisted of the following: (in millions) December 31, December 31, Environmental liabilities $ 141.9 $ 121.8 Defined benefit pension plan liabilities 73.5 73.8 Post-retirement medical plan liabilities 22.0 17.5 Early railcar return liability 13.9 17.6 East Coast Storage Assets Contingent Consideration — 16.1 Other 17.2 4.1 Total other long-term liabilities $ 268.5 $ 250.9

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Tables)	12 Months Ended
COMMITMENTS AND CONTINGENCIES (Tables)	Dec. 31, 2020
Commitments and Contingencies Disclosure [Abstract]
Unrecorded Unconditional Purchase Obligations Disclosure	The fixed and determinable amounts related to obligations under these agreements are as follows (in millions): Year Ending December 31, 2021 $ 43.6 2022 16.8 2023 16.8 2024 12.5 2025 12.5 Thereafter 42.9 Total obligations $ 145.1

LEASES (Tables)

LEASES (Tables)	12 Months Ended
LEASES (Tables)	Dec. 31, 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 Consolidated Balance Sheets as of December 31, 2020 and December 31, 2019: (in millions) Classification on the Balance Sheet December 31, 2020 December 31, Assets Operating lease assets Lease right of use assets $ 836.5 $ 306.4 Finance lease assets Lease right of use assets 80.4 24.2 Total lease right of use assets $ 916.9 $ 330.6 Liabilities Current liabilities: Operating lease liabilities Current operating lease liabilities $ 78.4 $ 72.1 Finance lease liabilities Accrued expenses 14.4 6.5 Noncurrent liabilities: Operating lease liabilities Long-term operating lease liabilities 756.0 233.1 Finance lease liabilities Long-term financing lease liabilities 68.3 18.4 Total lease liabilities $ 917.1 $ 330.1
Lease, Cost [Table Text Block]	The table below presents certain information related to costs for the Company’s leases for the year ended December 31, 2020 and December 31, 2019: Lease Costs (in millions) December 31, 2020 December 31, Components of total lease costs: Finance lease costs Amortization of right of use assets $ 14.0 $ 2.0 Interest on lease liabilities 4.3 0.8 Operating lease costs 162.3 109.8 Short-term lease costs 92.3 89.2 Variable lease costs 11.6 8.3 Total lease costs $ 284.5 $ 210.1
Cash Flow, Lessee [Table Text Block]	The table below presents supplemental cash flow information related to leases for the year ended December 31, 2020 and December 31, 2019 (in millions): Year Ended December 31, 2020 2020 2019 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows for operating leases $ 163.1 $ 110.3 Operating cash flows for finance leases 4.3 0.8 Financing cash flows for finance leases 12.4 1.4 Supplemental non-cash amounts of lease liabilities arising from obtaining right-of-use assets 702.0 184.9 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 December 31, 2020: Weighted average remaining lease term - operating leases 13.8 years Weighted average remaining lease term - finance leases 7.1 years Weighted average discount rate - operating leases 9.6 % Weighted average discount rate - finance leases 5.5 %
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 Consolidated Balance Sheets as of December 31, 2020: Amounts due in the year ended December 31, (in millions) Finance Leases Operating Leases 2021 $ 18.6 $ 153.0 2022 12.8 134.1 2023 12.8 111.8 2024 12.8 111.4 2025 11.4 98.0 Thereafter 31.7 907.3 Total minimum lease payments 100.1 1,515.6 Less: effect of discounting 17.4 681.2 Present value of future minimum lease payments 82.7 834.4 Less: current obligations under leases 14.4 78.4 Long-term lease obligations $ 68.3 $ 756.0

NONCONTROLLING INTERESTS (Table

NONCONTROLLING INTERESTS (Tables)	12 Months Ended
NONCONTROLLING INTERESTS (Tables)	Dec. 31, 2020
Schedule of stockholders equity	The following tables summarize the changes in equity for the controlling and noncontrolling interests of PBF Energy for the years ended December 31, 2020, 2019 and 2018: PBF Energy (in millions) PBF Energy Noncontrolling Noncontrolling Interest in PBF Holding Noncontrolling Total Equity Balance at January 1, 2020 $ 3,039.6 $ 113.2 $ 10.9 $ 421.8 $ 3,585.5 Comprehensive income (loss) (1,393.2) (17.1) (0.3) 76.5 (1,334.1) Dividends and distributions (35.9) (0.4) — (46.8) (83.1) Effects of changes in deferred tax assets and liabilities and tax receivable agreement obligation (2.1) — — — (2.1) Stock-based compensation 28.2 — — 4.9 33.1 Exchanges of PBF Energy Company LLC Series A Units for PBF Energy Class A common stock 2.3 (2.3) — — — Exercise of PBF LLC and PBF Energy options and warrants, net 0.2 — — — 0.2 Taxes paid for net settlement of equity-based compensation (1.2) — — (0.9) (2.1) Other 4.9 — — — 4.9 Balance at December 31, 2020 $ 1,642.8 $ 93.4 $ 10.6 $ 455.5 $ 2,202.3 PBF Energy (in millions) PBF Energy Noncontrolling Noncontrolling Interest in PBF Holding Noncontrolling Total Equity Balance at January 1, 2019 $ 2,676.5 $ 112.2 $ 10.9 $ 448.9 $ 3,248.5 Comprehensive income 333.5 4.4 — 51.5 389.4 Dividends and distributions (143.8) (3.2) — (64.1) (211.1) Effects of changes in PBFX ownership interest on deferred tax assets and liabilities (1.3) — — — (1.3) Issuance of additional PBFX common units 152.0 — — (19.5) 132.5 Stock-based compensation 27.2 — — 6.8 34.0 Exercise of PBF LLC and PBF Energy options and warrants, net 0.3 — — — 0.3 Taxes paid for net settlement of equity-based compensation (4.6) (0.2) — — (4.8) Other (0.2) — — (1.8) (2.0) Balance at December 31, 2019 $ 3,039.6 $ 113.2 $ 10.9 $ 421.8 $ 3,585.5 PBF Energy (in millions) PBF Energy Noncontrolling Noncontrolling Interest in PBF Holding Noncontrolling Total Equity Balance at January 1, 2018 $ 2,336.6 $ 110.2 $ 10.8 $ 445.3 $ 2,902.9 Comprehensive income 131.3 4.7 0.1 42.2 178.3 Dividends and distributions (139.3) (2.1) — (49.5) (190.9) Effects of equity offerings and exchanges of PBF LLC Series A Units on deferred tax assets and liabilities and tax receivable agreement obligation (4.9) — — — (4.9) Issuance of additional PBFX common units 28.6 — — 6.3 34.9 Stock-based compensation 19.7 — — 5.7 25.4 August 2018 Equity Offering 287.3 — — — 287.3 Exercise of PBF LLC and PBF Energy options and warrants, net 14.0 — — — 14.0 Taxes paid for net settlement of equity-based compensation (4.8) (0.6) — — (5.4) Other 8.0 — — (1.1) 6.9 Balance at December 31, 2018 $ 2,676.5 $ 112.2 $ 10.9 $ 448.9 $ 3,248.5
Schedule of comprehensive income (loss)	The following table summarizes the allocation of total comprehensive income (loss) of PBF Energy between the controlling and noncontrolling interests for the year ended December 31, 2020: PBF Energy (in millions) Attributable to Noncontrolling Total Net income (loss) $ (1,392.4) $ 59.1 $ (1,333.3) Other comprehensive income (loss): Unrealized loss on available for sale securities (0.1) — (0.1) Amortization of defined benefit plans unrecognized net loss (0.7) — (0.7) Total other comprehensive income (loss) (0.8) — (0.8) Total comprehensive income (loss) $ (1,393.2) $ 59.1 $ (1,334.1) The following table summarizes the allocation of total comprehensive income of PBF Energy between the controlling and noncontrolling interests for the year ended December 31, 2019: PBF Energy (in millions) Attributable to Noncontrolling Total Net income $ 319.4 $ 55.8 $ 375.2 Other comprehensive income: Unrealized gain on available for sale securities 0.4 — 0.4 Amortization of defined benefit plans unrecognized net gain 13.7 0.1 13.8 Total other comprehensive income 14.1 0.1 14.2 Total comprehensive income $ 333.5 $ 55.9 $ 389.4 The following table summarizes the allocation of total comprehensive income of PBF Energy between the controlling and noncontrolling interests for the year ended December 31, 2018: PBF Energy (in millions) Attributable to Noncontrolling Total Net income $ 128.3 $ 47.0 $ 175.3 Other comprehensive income (loss): Unrealized loss on available for sale securities (0.1) — (0.1) Amortization of defined benefit plans unrecognized net gain 3.1 — 3.1 Total other comprehensive income 3.0 — 3.0 Total comprehensive income $ 131.3 $ 47.0 $ 178.3
PBF LLC [Member]
Schedule of noncontrolling interest	The noncontrolling interest ownership percentages in PBF LLC as of the completion dates of each of the equity offerings and as of the years ended December 31, 2020, 2019 and 2018 are calculated as follows: Holders of Outstanding Shares Total January 1, 2018 3,767,464 110,565,531 114,332,995 3.3 % 96.7 % 100.0 % August 14, 2018 - Equity offering 1,206,325 119,852,874 121,059,199 1.0 % 99.0 % 100.0 % December 31, 2018 1,206,325 119,874,191 121,080,516 1.0 % 99.0 % 100.0 % December 31, 2019 1,215,317 119,804,971 121,020,288 1.0 % 99.0 % 100.0 % December 31, 2020 970,647 120,101,641 121,072,288 0.8 % 99.2 % 100.0 %
Schedule of stockholders equity	The following tables summarize the changes in equity for the controlling and noncontrolling interests of PBF LLC for the years ended December 31, 2020, 2019, and 2018 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) (1,792.9) (0.3) 76.5 (1,716.7) Dividends and distributions (36.3) — (46.8) (83.1) Stock-based compensation 28.2 — 4.9 33.1 Exercise of Series A warrants and options (1.3) — — (1.3) Other (0.1) — (0.9) (1.0) Balance at December 31, 2020 $ 1,374.0 $ 10.6 $ 455.5 $ 1,840.1 PBF LLC (in millions) PBF Energy Company LLC Equity Noncontrolling Interest in PBF Holding Noncontrolling Total Equity Balance at January 1, 2019 $ 2,759.6 $ 10.9 $ 448.9 $ 3,219.4 Comprehensive income 442.7 — 51.5 494.2 Dividends and distributions (200.4) (64.1) (264.5) Issuance of additional PBFX common units 152.0 — (19.5) 132.5 Stock-based compensation 27.2 — 6.8 34.0 Exercise of Series A warrants and options (4.7) — — (4.7) Other — — (1.8) (1.8) Balance at December 31, 2019 $ 3,176.4 $ 10.9 $ 421.8 $ 3,609.1 PBF LLC (in millions) PBF Energy Company LLC Equity Noncontrolling Interest in PBF Holding Noncontrolling Total Equity Balance at January 1, 2018 $ 2,422.4 $ 10.8 $ 445.3 $ 2,878.5 Comprehensive income 140.8 0.1 42.2 183.1 Dividends and distributions (141.4) — (49.5) (190.9) Issuance of additional PBFX common units 28.6 — 6.3 34.9 Stock-based compensation 19.7 — 5.7 25.4 Exercise of Series A warrants and options (8.5) — — (8.5) Issuance of Series C units in connection with the August 2018 Equity Offering 287.3 — — 287.3 Other 10.7 — (1.1) 9.6 Balance at December 31, 2018 $ 2,759.6 $ 10.9 $ 448.9 $ 3,219.4
Schedule of comprehensive income (loss)	The following table summarizes the allocation of total comprehensive income (loss) of PBF LLC between the controlling and noncontrolling interests for the year ended December 31, 2020: PBF LLC (in millions) Attributable to Noncontrolling Total Net income (loss) $ (1,796.5) $ 76.2 $ (1,720.3) Other comprehensive income (loss): Unrealized loss on available for sale securities (0.1) — (0.1) Amortization of defined benefit plans unrecognized net gain 3.7 — 3.7 Total other comprehensive income 3.6 — 3.6 Total comprehensive income (loss) $ (1,792.9) $ 76.2 $ (1,716.7) The following table summarizes the allocation of total comprehensive income of PBF LLC between the controlling and noncontrolling interests for the year ended December 31, 2019: PBF LLC (in millions) Attributable to Noncontrolling Total Net income $ 428.5 $ 51.5 $ 480.0 Other comprehensive income: Unrealized gain on available for sale securities 0.4 — 0.4 Amortization of defined benefit plans unrecognized net gain 13.8 — 13.8 Total other comprehensive income 14.2 — 14.2 Total comprehensive income $ 442.7 $ 51.5 $ 494.2 The following table summarizes the allocation of total comprehensive income of PBF LLC between the controlling and noncontrolling interests for the year ended December 31, 2018: PBF LLC (in millions) Attributable to Noncontrolling Total Net income $ 137.8 $ 42.3 $ 180.1 Other comprehensive income (loss): Unrealized loss on available for sale securities (0.1) — (0.1) Amortization of defined benefit plans unrecognized net gain 3.1 — 3.1 Total other comprehensive income 3.0 — 3.0 Total comprehensive income $ 140.8 $ 42.3 $ 183.1
PBF Logistics LP [Member]
Schedule of noncontrolling interest	The noncontrolling interest ownership percentages in PBFX as of the 2018 Registered Direct Offering, the Development Assets Acquisition, the 2019 Registered Direct Offering and the years ended December 31, 2020, 2019 and 2018 are calculated as follows: Units of PBFX Held by the Public Units of PBFX Held by PBF LLC (Including Subordinated Units) Total January 1, 2018 23,441,211 18,459,497 41,900,708 55.9 % 44.1 % 100.0 % July 30, 2018 - Registered Direct Offering 25,391,037 18,459,497 43,850,534 57.9 % 42.1 % 100.0 % July 31, 2018 - Development Assets consideration 25,391,037 19,953,631 45,344,668 56.0 % 44.0 % 100.0 % December 31, 2018 25,395,032 19,953,631 45,348,663 56.0 % 44.0 % 100.0 % April 29, 2019 - Registered Direct Offering 32,047,718 29,953,631 62,001,349 51.7 % 48.3 % 100.0 % December 31, 2019 32,176,404 29,953,631 62,130,035 51.8 % 48.2 % 100.0 % December 31, 2020 32,411,207 29,953,631 62,364,838 52.0 % 48.0 % 100.0 %

STOCK-BASED COMPENSATION (Table

STOCK-BASED COMPENSATION (Tables)	12 Months Ended
STOCK-BASED COMPENSATION (Tables)	Dec. 31, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Schedule of stock-based compensation expense	Stock-based compensation expense included in general and administrative expenses consisted of the following: Years Ended December 31, (in millions) 2020 2019 2018 PBF Energy options $ 16.1 $ 15.8 $ 11.5 PBF Energy restricted shares 5.3 6.5 7.5 PBF Energy performance awards 7.9 8.2 1.2 PBFX phantom units 4.9 6.8 5.8 $ 34.2 $ 37.3 $ 26.0
Weighted average assumptions	The Black-Scholes option-pricing model values used to value stock option awards granted were determined based on the following weighted average assumptions: December 31, 2020 December 31, 2019 December 31, 2018 Expected life (in years) 6.08 6.25 6.25 Expected volatility 69.1 % 38.6 % 35.8 % Dividend yield 1.41 % 3.54 % 3.49 % Risk-free rate of return 0.81 % 2.16 % 2.82 % Exercise price $ 13.58 $ 34.11 $ 35.25 Weighted average fair value per option granted $ 5.49 $ 9.43 $ 9.55
Schedule of Share-Based Payment Awards, Performance Awards, Valuation Assumptions [Table Text Block]	The grant date fair value was calculated using a Monte Carlo valuation model with the following assumptions: December 31, 2020 December 31, 2019 December 31, 2018 Expected life (in years) 2.89 - 3.14 2.17 - 2.88 2.17 Expected volatility 39.88% - 82.63% 37.19% - 41.70% 39.04 % Dividend yield 0.00% - 4.28% 3.40% - 3.67% 2.95 % Risk-free rate of return 0.26% - 1.34% 1.66% - 2.51% 2.89 % Weighted average grant-date fair value per PSU $ 10.77 $ 27.99 $ 50.23
PBF Energy [Member] \| Performance share units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Summary of Share-based compensation activity	The following table summarizes activity for PBF Energy performance share awards: Number of Weighted Average Nonvested at January 1, 2020 360,797 $ 39.03 Granted 446,267 10.77 Vested (a) (179,072) 50.23 Forfeited (4,832) 33.01 Nonvested at December 31, 2020 623,160 $ 15.62 (a) In 2020, PSU’s with fair value of $0.8 million were vested.
PBF Energy [Member] \| Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Summary of Share-based compensation activity	The following table summarizes activity for PBF Energy options for 2020: Number of Weighted Weighted Stock-based awards, outstanding at January 1, 2020 10,073,916 $ 30.47 7.17 Granted 3,947,726 13.58 10.00 Exercised (7,500) 26.00 — Forfeited (223,365) 26.96 — Outstanding at December 31, 2020 13,790,777 $ 25.69 7.12 Exercisable and vested at December 31, 2020 7,124,039 $ 29.12 5.49 Expected to vest at December 31, 2020 13,790,777 $ 25.69 7.12
PBF Energy [Member] \| Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Summary of Share-based compensation activity	The following table summarizes activity for PBF Energy restricted stock: Number of Weighted Average Nonvested at January 1, 2020 492,225 $ 27.21 Granted 159,377 9.82 Vested (347,855) 23.51 Forfeited (192) 24.18 Nonvested at December 31, 2020 303,555 $ 22.32 Unrecognized compensation expense related to PBF Energy Restricted Class A common stock at December 31, 2020 was $1.5 million, which will be recognized from 2021 through 2023. The following table reflects activity related to our restricted stock: December 31, 2020 December 31, 2019 December 31, 2018 Weighted-average grant-date fair value per share of restricted stock granted $ 9.82 $ 28.20 $ 47.24 Fair value of restricted stock vested (in millions) $ 4.2 $ 11.6 $ 13.0
PBF Energy [Member] \| Performance Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Summary of Share-based compensation activity	The following table summarizes activity for PBF Energy performance unit awards: (in millions) Number of Nonvested at January 1, 2020 $ 15.1 Granted 8.5 Vested (a) (7.3) Forfeited (0.2) Nonvested at December 31, 2020 $ 16.1 (a) In 2020, Performance Units with fair value of $3.2 million were vested.
PBFX [Member] \| Phantom Share Units (PSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Summary of Share-based compensation activity	A summary of PBFX’s unit award activity for the years ended December 31, 2020, 2019 and 2018 is set forth below: Number of Phantom Units Weighted Average Nonvested at January 1, 2020 761,840 $ 20.77 Granted 342,482 8.14 Vested (325,384) 20.63 Forfeited (9,250) 13.34 Nonvested at December 31, 2020 769,688 $ 15.29 The following table reflects activity related to our phantom units: December 31, 2020 December 31, 2019 December 31, 2018 Weighted-average grant-date fair value per share of phantom unit granted $ 8.14 $ 21.39 $ 19.95 Fair value of phantom unit vested (in millions) $ 3.2 $ 6.2 $ 4.7

EMPLOYEE BENEFIT PLANS (Tables)

EMPLOYEE BENEFIT PLANS (Tables)	12 Months Ended
EMPLOYEE BENEFIT PLANS (Tables)	Dec. 31, 2020
Retirement Benefits [Abstract]
Schedule of changes in benefit obligations, fair value of plan assets, and funded status of plan	The changes in the benefit obligation, the changes in fair value of plan assets, and the funded status of the Company’s Pension and Post-Retirement Medical Plans as of and for the years ended December 31, 2020 and 2019 were as follows: Pension Plans Post-Retirement (in millions) 2020 2019 2020 2019 Change in benefit obligation: Benefit obligation at beginning of year $ 271.2 $ 218.4 $ 17.5 $ 19.3 Service cost 59.0 43.6 1.0 1.0 Interest cost 6.9 8.3 0.4 0.7 Plan amendments — — 1.8 — Benefit payments (18.0) (9.0) (0.6) (1.3) Actuarial loss (gain) 10.2 9.9 1.9 (2.2) Projected benefit obligation at end of year $ 329.3 $ 271.2 $ 22.0 $ 17.5 Change in plan assets: Fair value of plan assets at beginning of year $ 197.4 $ 143.4 $ — $ — Actual return on plan assets 28.6 29.0 — — Benefits paid (18.0) (9.0) (0.6) (1.3) Employer contributions 47.8 34.0 0.6 1.3 Fair value of plan assets at end of year $ 255.8 $ 197.4 $ — $ — Reconciliation of funded status: Fair value of plan assets at end of year $ 255.8 $ 197.4 $ — $ — Less benefit obligations at end of year 329.3 271.2 22.0 17.5 Funded status at end of year $ (73.5) $ (73.8) $ (22.0) $ (17.5)
Schedule of expected benefit payments	Benefit payments, which reflect expected future services that the Company expects to pay are as follows for the years ended December 31: (in millions) Pension Benefits Post-Retirement 2021 $ 35.4 $ 2.1 2022 20.4 2.0 2023 17.8 1.9 2024 20.4 1.7 2025 23.5 1.7 Years 2026-2030 156.2 7.8
Schedule of net periodic benefit cost	The components of net periodic benefit cost were as follows for the years ended December 31, 2020, 2019 and 2018: Pension Benefits Post-Retirement (in millions) 2020 2019 2018 2020 2019 2018 Components of net periodic benefit cost: Service cost $ 59.0 $ 43.6 $ 47.4 $ 1.0 $ 1.0 $ 1.1 Interest cost 6.9 8.3 5.8 0.4 0.7 0.7 Expected return on plan assets (12.5) (9.6) (8.5) — — — Amortization of prior service cost and actuarial loss 0.3 0.3 0.2 0.6 0.5 0.7 Net periodic benefit cost $ 53.7 $ 42.6 $ 44.9 $ 2.0 $ 2.2 $ 2.5
Schedule of pre-tax amounts recognized in other comprehensive income (loss)	The pre-tax amounts recognized in other comprehensive (income) loss for the years ended December 31, 2020, 2019 and 2018 were as follows: Pension Benefits Post-Retirement (in millions) 2020 2019 2018 2020 2019 2018 Prior service costs $ — $ — $ — $ 1.8 $ — $ — Net actuarial (gain) loss (5.9) (10.7) 1.9 1.9 (2.3) (3.4) Amortization of losses and prior service cost (0.3) (0.3) (0.8) (0.6) (0.5) (0.7) Total changes in other comprehensive (income) loss $ (6.2) $ (11.0) $ 1.1 $ 3.1 $ (2.8) $ (4.1)
Schedule of pre-tax amounts in accumulated other comprehensive loss not yet recognized as components of net periodic costs	The pre-tax amounts in accumulated other comprehensive income (loss) as of December 31, 2020, and 2019 that have not yet been recognized as components of net periodic costs were as follows: Pension Benefits Post-Retirement (in millions) 2020 2019 2020 2019 Prior service costs $ (0.6) $ (0.7) $ (5.0) $ (4.0) Net actuarial (loss) gain (8.4) (14.5) 3.9 6.1 Total $ (9.0) $ (15.2) $ (1.1) $ 2.1
Schedule of assumptions used	The weighted average assumptions used to determine the benefit obligations as of December 31, 2020, and 2019 were as follows: Qualified Plan Supplemental Plan Post-Retirement Medical Plan 2020 2019 2020 2019 2020 2019 Discount rate - benefit obligations 2.36 % 3.21 % 2.21 % 3.09 % 1.90 % 2.88 % Rate of compensation increase 4.28 % 4.28 % 4.50 % 4.50 % — — The weighted average assumptions used to determine the net periodic benefit costs for the years ended December 31, 2020, 2019 and 2018 were as follows: Qualified Plan Supplemental Plan Post-Retirement Medical Plan 2020 2019 2018 2020 2019 2018 2020 2019 2018 Discount rates: Effective rate for service cost 2.94% 4.24% 3.62% 2.79% 4.19% 3.58% 2.86% 4.21% 3.59% Effective rate for interest cost 2.50% 3.92% 3.21% 2.33% 3.83% 3.15% 2.21% 3.69% 2.97% Effective rate for interest on service cost 2.59% 4.00% 3.32% 2.42% 3.90% 3.24% 2.68% 4.09% 3.46% Cash balance interest credit rate 2.19% 3.34% 2.88% 2.19% 3.34% 2.88% N/A N/A N/A Expected long-term rate of return on plan assets 5.75% 6.00% 6.25% N/A N/A N/A N/A N/A N/A Rate of compensation increase 4.28% 4.55% 4.53% 4.50% 5.00% 5.00% N/A N/A N/A
Schedule of assumed health care cost trend rates	The assumed health care cost trend rates as of December 31, 2020 and 2019 were as follows: Post-Retirement 2020 2019 Health care cost trend rate assumed for next year 5.4 % 5.7 % Rate to which the cost trend rate was assumed to decline (the ultimate trend rate) 4.5 % 4.5 % Year that the rate reaches the ultimate trend rate 2038 2038
Schedule of fair value of assets of the Company's Qualified Plan	The table below presents the fair values of the assets of the Company’s Qualified Plan as of December 31, 2020 and 2019 by level of fair value hierarchy. Assets categorized in Level 2 of the hierarchy consist of collective trusts and are measured at fair value based on the closing net asset value (“NAV”) as determined by the fund manager and reported daily. As noted above, the Company’s post-retirement medical plan is funded on a pay-as-you-go basis and has no assets. Fair Value Measurements Using December 31, (in millions) 2020 2019 Equities: Domestic equities $ 64.4 $ 47.8 Developed international equities 38.2 29.5 Global low volatility equities 22.5 16.9 Emerging market equities 20.7 14.9 Fixed-income 95.7 74.9 Real Estate 13.3 8.3 Cash and cash equivalents 1.0 5.1 Total $ 255.8 $ 197.4

REVENUES (Tables)

REVENUES (Tables)	12 Months Ended
REVENUES (Tables)	Dec. 31, 2020
REVENUE [Abstract]
Revenues from external customers for each product or group of similar products	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. Year Ended December 31, (in millions) 2020 2019 2018 Refining Segment: Gasoline and distillates $ 12,799.4 $ 21,278.4 $ 23,032.6 Feedstocks and other 935.5 806.9 1,372.3 Asphalt and blackoils 777.9 1,426.4 1,592.9 Chemicals 351.5 682.3 842.8 Lubricants 180.7 274.9 321.5 Total Revenues $ 15,045.0 $ 24,468.9 $ 27,162.1 Logistics Segment: Logistics 360.3 340.2 283.4 Total revenue prior to eliminations $ 15,405.3 $ 24,809.1 $ 27,445.5 Elimination of intercompany revenue (289.4) (300.9) (259.4) Total Revenues $ 15,115.9 $ 24,508.2 $ 27,186.1

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
INCOME TAXES (Tables)	Dec. 31, 2020
Operating Loss Carryforwards [Line Items]
Summary of the income tax provision	The income tax provision in the PBF Energy Consolidated Statements of Operations consists of the following: (in millions) Year Ended Year Ended Year Ended Current expense (benefit): Federal $ (1.7) $ 0.2 $ 0.8 Foreign — 0.1 — State 2.2 0.3 — Total current 0.5 0.6 0.8 Deferred expense (benefit): Federal (6.6) 91.8 18.7 Foreign 5.4 (8.7) 7.2 State 2.8 20.6 6.8 Total deferred 1.6 103.7 32.7 Total provision for income taxes $ 2.1 $ 104.3 $ 33.5
Schedule of effective income tax rate reconciliation	(in millions) Year Ended Year Ended Year Ended Current expense (benefit): Federal $ (1.7) $ 0.2 $ 0.8 Foreign — 0.1 — State 2.2 0.3 — Total current 0.5 0.6 0.8 Deferred expense (benefit): Federal (6.6) 91.8 18.7 Foreign 5.4 (8.7) 7.2 State 2.8 20.6 6.8 Total deferred 1.6 103.7 32.7 Total provision for income taxes $ 2.1 $ 104.3 $ 33.5 The difference between PBF Energy’s effective income tax rate and the United States statutory rate is reconciled below: Year Ended Year Ended Year Ended Provision at Federal statutory rate 21.0 % 21.0 % 21.0 % Increase (decrease) attributable to flow-through of certain tax adjustments: State income taxes (net of federal income tax) 5.6 % 3.9 % 5.0 % Nondeductible/nontaxable items (0.1) % 0.1 % 1.0 % Rate differential from foreign jurisdictions — % (0.2) % 0.9 % Provision to return adjustment (0.1) % (0.1) % (4.0) % Adjustment to deferred tax assets and liabilities for change in tax rates 0.1 % (0.5) % — % Stock-based compensation — % 0.1 % (2.6) % Deferred tax asset valuation allowance (25.8) % — % — % Other (0.9) % 0.3 % (0.6) % Effective tax rate (0.2) % 24.6 % 20.7 %
Schedule of Income Tax	For financial reporting purposes, income (loss) before income taxes attributable to PBF Energy Inc. stockholders includes the following components: (in millions) Year Ended Year Ended Year Ended United States income (loss) $ (1,413.0) $ 450.0 $ 134.3 Foreign income (loss) 22.7 (26.3) 27.5 Total income (loss) before income taxes attributable to PBF Energy Inc. stockholders $ (1,390.3) $ 423.7 $ 161.8
Summary of the components of deferred tax assets and liabilities	A summary of the components of PBF Energy’s deferred tax assets and deferred tax liabilities consists of the following: (in millions) December 31, 2020 December 31, 2019 Deferred tax assets Purchase interest step-up $ 155.2 $ 278.1 Inventory 146.5 10.5 Pension, employee benefits and compensation 48.5 60.3 Hedging 4.3 3.3 Net operating loss carry forwards 566.9 136.3 Environmental liabilities 100.8 33.6 Lease liabilities 223.4 83.4 Interest expense limitation carry forwards 55.8 31.5 Other 28.4 29.2 Total deferred tax assets 1,329.8 666.2 Valuation allowances (358.4) — Total deferred tax assets, net 971.4 666.2 Deferred tax liabilities Property, plant and equipment 845.1 678.1 Right of use assets 223.4 83.6 Other 2.5 1.4 Total deferred tax liabilities 1,071.0 763.1 Net deferred tax liabilities $ (99.6) $ (96.9)
Summary of income tax examinations	Income tax years that remain subject to examination by material jurisdictions, where an examination has not already concluded are all years including and subsequent to: United States Federal 2017 New Jersey 2015 Michigan 2016 Delaware 2017 Indiana 2017 Pennsylvania 2017 New York 2017 Louisiana 2017 California 2016
PBF LLC [Member]
Operating Loss Carryforwards [Line Items]
Summary of the income tax provision	The reported income tax (benefit) expense in the PBF LLC Consolidated Statements of Operations consists of the following: (in millions) Year Ended Year Ended Year Ended Current income tax (benefit) expense $ (1.2) $ 0.5 $ 0.8 Deferred income tax expense (benefit) 7.3 (8.8) 7.2 Total income tax expense (benefit) $ 6.1 $ (8.3) $ 8.0

SEGMENT INFORMATION (Tables)

SEGMENT INFORMATION (Tables)	12 Months Ended
SEGMENT INFORMATION (Tables)	Dec. 31, 2020
Segment Reporting Information [Line Items]
Schedule of Segment Reporting Information, by Segment	Year Ended December 31, 2020 PBF Energy (in millions) Refining Logistics Corporate Eliminations Consolidated Total Revenues $ 15,045.0 $ 360.3 $ — $ (289.4) $ 15,115.9 Depreciation and amortization expense 498.0 53.7 11.3 — 563.0 Income (loss) from operations (1,450.4) 195.3 (161.7) — (1,416.8) Interest expense, net 1.7 47.9 208.6 — 258.2 Capital expenditures (1) 1,546.6 12.3 10.7 — 1,569.6 Year Ended December 31, 2019 Refining Logistics Corporate Eliminations Consolidated Total Revenues $ 24,468.9 $ 340.2 $ — $ (300.9) $ 24,508.2 Depreciation and amortization expense 386.7 38.6 10.8 — 436.1 Income (loss) from operations (2) (3) 767.9 159.3 (270.3) (7.9) 649.0 Interest expense, net 1.3 51.1 107.2 — 159.6 Capital expenditures 708.9 31.7 8.3 — 748.9 Year Ended December 31, 2018 Refining Logistics Corporate Eliminations Consolidated Total Revenues $ 27,162.1 $ 283.4 $ — $ (259.4) $ 27,186.1 Depreciation and amortization expense 329.3 29.8 10.6 — 369.7 Income (loss) from operations (3) 498.2 143.9 (266.2) (17.8) 358.1 Interest expense, net 7.6 43.0 119.3 — 169.9 Capital expenditures (4) 552.0 175.7 6.2 — 733.9 Balance at December 31, 2020 Refining Logistics Corporate Eliminations Consolidated Total Total assets $ 9,565.0 $ 933.6 $ 54.4 $ (53.2) $ 10,499.8 Balance at December 31, 2019 Refining Logistics Corporate Eliminations Consolidated Total Total assets (2) $ 8,154.8 $ 973.0 $ 52.7 $ (48.1) $ 9,132.4 Year Ended December 31, 2020 PBF LLC (in millions) Refining Logistics Corporate Eliminations Consolidated Total Revenues $ 15,045.0 $ 360.3 $ — $ (289.4) $ 15,115.9 Depreciation and amortization expense 498.0 53.7 11.3 — 563.0 Income (loss) from operations (1,450.4) 195.3 (160.9) — (1,416.0) Interest expense, net 1.7 47.9 218.9 — 268.5 Capital expenditures (1) 1,546.6 12.3 10.7 — 1,569.6 Year Ended December 31, 2019 Refining Logistics Corporate Eliminations Consolidated Total Revenues $ 24,468.9 $ 340.2 $ — $ (300.9) $ 24,508.2 Depreciation and amortization expense 386.7 38.6 10.8 — 436.1 Income (loss) from operations (2) (3) 767.9 159.3 (268.6) (7.9) 650.7 Interest expense, net 1.3 51.1 116.7 — 169.1 Capital expenditures 708.9 31.7 8.3 — 748.9 Year Ended December 31, 2018 Refining Logistics Corporate Eliminations Consolidated Total Revenues $ 27,162.1 $ 283.4 $ — $ (259.4) $ 27,186.1 Depreciation and amortization expense 329.3 29.8 10.6 — 369.7 Income (loss) from operations (3) 498.2 143.9 (264.4) (17.8) 359.9 Interest expense, net 7.6 43.0 127.9 — 178.5 Capital expenditures (4) 552.0 175.7 6.2 — 733.9 Balance at December 31, 2020 Refining Logistics Corporate Eliminations Consolidated Total Total assets $ 9,565.0 $ 933.6 $ 52.3 $ (53.2) $ 10,497.7 Balance at December 31, 2019 Refining Logistics Corporate Eliminations Consolidated Total Total assets (2) $ 8,154.8 $ 973.0 $ 49.4 $ (48.1) $ 9,129.1 (1) The Refining segment includes capital expenditures of $1,176.2 million for the acquisition of the Martinez refinery in the first quarter of 2020. (2) On April 24, 2019, PBFX entered into 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. Prior to the TVPC Acquisition, TVP Holding owned a 50% membership interest in TVPC. Subsequent to the closing of the TVPC Acquisition on May 31, 2019, PBFX owns 100% of the membership interests in TVPC. (3) 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 Consolidated Financial Statements, PBF Holding’s equity income in investee and PBFX’s net income attributable to noncontrolling interest eliminate in consolidation.

NET INCOME PER SHARE OF PBF E_2

NET INCOME PER SHARE OF PBF ENERGY (Tables)	12 Months Ended
NET INCOME PER SHARE OF PBF ENERGY (Tables)	Dec. 31, 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 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) Year Ended December 31, Basic Earnings Per Share: 2020 2019 2018 Allocation of earnings: Net income (loss) attributable to PBF Energy Inc. stockholders $ (1,392.4) $ 319.4 $ 128.3 Less: Income allocated to participating securities 0.1 0.5 0.7 Income (loss) available to PBF Energy Inc. stockholders - basic $ (1,392.5) $ 318.9 $ 127.6 Denominator for basic net income (loss) per PBF Energy Class A common share-weighted average shares 119,617,998 119,887,646 115,190,262 Basic net income (loss) attributable to PBF Energy per Class A common share $ (11.64) $ 2.66 $ 1.11 Diluted Earnings Per Share: Numerator: Income (loss) available to PBF Energy Inc. stockholders - basic $ (1,392.5) $ 318.9 $ 127.6 Plus: Net income (loss) attributable to noncontrolling interest (1) (17.1) 4.3 4.6 Less: Income tax benefit (expense) on net income (loss) attributable to noncontrolling interest (1) 4.6 (1.0) (1.2) Numerator for diluted net income (loss) per Class A common share - net income (loss) attributable to PBF Energy Inc. stockholders (1) $ (1,405.0) $ 322.2 $ 131.0 Denominator (1) : Denominator for basic net income (loss) per PBF Energy Class A common share-weighted average shares 119,617,998 119,887,646 115,190,262 Effect of dilutive securities: Conversion of PBF LLC Series A Units 1,042,667 1,207,581 1,938,089 Common stock equivalents (2) — 758,072 1,645,255 Denominator for diluted net income (loss) per PBF Energy Class A common share-adjusted weighted average shares 120,660,665 121,853,299 118,773,606 Diluted net income (loss) attributable to PBF Energy Inc. stockholders per Class A common share $ (11.64) $ 2.64 $ 1.10 —————————— (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 26.6%, 24.9% and 26.0% annualized statutory corporate tax rate for the years ended December 31, 2020, 2019 and 2018) attributable to the converted units. (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 PSUs 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 14,446,894, 6,765,526 and 1,293,242 shares of PBF Energy Class A common stock and PBF LLC Series A units because they are anti-dilutive for the years ended December 31, 2020, 2019 and 2018, respectively. For periods showing a net loss, all common stock equivalents and unvested restricted stock are considered anti-dilutive.

FAIR VALUE MEASUREMENTS (Tables

FAIR VALUE MEASUREMENTS (Tables)	12 Months Ended
FAIR VALUE MEASUREMENTS (Tables)	Dec. 31, 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 December 31, 2020 and 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 Consolidated Balance Sheets. As of December 31, 2020 Fair Value Hierarchy (in millions) Level 1 Level 2 Level 3 Total Gross Fair Value Effect of Counter-party Netting Net Carrying Value on Balance Sheet Assets: Money market funds $ 411.6 $ — $ — $ 411.6 N/A $ 411.6 Commodity contracts 2.5 3.5 — 6.0 (6.0) — Derivatives included with inventory intermediation agreement obligations — 11.3 — 11.3 — 11.3 Liabilities: Commodity contracts 2.3 6.7 — 9.0 (6.0) 3.0 Catalyst obligations — 102.5 — 102.5 — 102.5 Contingent consideration obligation — — 12.1 12.1 — 12.1 As of December 31, 2019 Fair Value Hierarchy (in millions) Level 1 Level 2 Level 3 Total Gross Fair Value Effect of Counter-party Netting Net Carrying Value on Balance Sheet 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 Contingent consideration obligation — — 26.1 26.1 — 26.1
Schedule of Effect of Significant Unobservable Inputs	The table below summarizes the changes in fair value measurements categorized in Level 3 of the fair value hierarchy, which primarily includes the change in estimated future earnings related to both the Martinez Contingent Consideration and the PBFX Contingent Consideration: Year Ended December 31, (in millions) 2020 2019 Balance at beginning of period $ 26.1 $ 21.6 Additions 77.3 — Accretion on discounted liabilities 3.8 1.9 Settlements (3.0) — Unrealized gain included in earnings (92.1) 2.6 Balance at end of period $ 12.1 $ 26.1
Schedule of Fair value of Debt	The table below summarizes the fair value and carrying value of debt as of December 31, 2020 and 2019. December 31, 2020 December 31, 2019 (in millions) Carrying Fair Carrying Fair 2025 Senior Secured Notes (a) $ 1,250.6 $ 1,232.9 $ — $ — 2028 Senior Notes (a) 1,000.0 562.5 — — 2025 Senior Notes (a) 725.0 475.3 725.0 776.5 2023 Senior Notes (a) (b) — — 500.0 519.7 PBFX 2023 Senior Notes (a) 526.6 503.0 527.2 543.0 Revolving Credit Facility (c) 900.0 900.0 — — PBFX Revolving Credit Facility (c) 200.0 200.0 283.0 283.0 PBF Rail Term Loan (c) 7.4 7.4 14.5 14.5 Catalyst financing arrangements (d) 102.5 102.5 47.6 47.6 4,712.1 3,983.6 2,097.3 2,184.3 Less - Current debt (7.4) (7.4) — — Less - Unamortized deferred financing costs (51.1) n/a (32.4) n/a Long-term debt $ 4,653.6 $ 3,976.2 $ 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 10 - Credit Facilities and 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 (Tables)

DERIVATIVES (Tables)	12 Months Ended
DERIVATIVES (Tables)	Dec. 31, 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 December 31, 2020 and December 31, 2019 and the line items in the Consolidated Balance Sheets in which the fair values are reflected. Description Fair Value (in millions) Derivatives designated as hedging instruments: December 31, 2020: Derivatives included with the inventory intermediation agreement obligations Accrued expenses $ 11.3 December 31, 2019: Derivatives included with the inventory intermediation agreement obligations Accrued expenses $ (1.3) Derivatives not designated as hedging instruments: December 31, 2020: Commodity contracts Accounts receivable $ (3.0) 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 Consolidated Statements of Operations in which such gains and losses are reflected. Description Location of Gain or (Loss) Recognized in Gain or (Loss) (in millions) Derivatives designated as hedging instruments: For the year ended December 31, 2020: Derivatives included with the inventory intermediation agreement obligations Cost of products and other $ 12.6 For the year ended December 31, 2019: Derivatives included with the inventory intermediation agreement obligations Cost of products and other $ (25.4) For the year ended December 31, 2018: Derivatives included with the inventory intermediation agreement obligations Cost of products and other $ 31.8 Derivatives not designated as hedging instruments: For the year ended December 31, 2020: Commodity contracts Cost of products and other $ 44.4 For the year ended December 31, 2019: Commodity contracts Cost of products and other $ 36.5 For the year ended December 31, 2018: Commodity contracts Cost of products and other $ (123.8) Hedged items designated in fair value hedges: For the year ended December 31, 2020: Crude oil, intermediate and refined product inventory Cost of products and other $ (12.6) For the year ended December 31, 2019: Intermediate and refined product inventory Cost of products and other $ 25.4 For the year ended December 31, 2018: Intermediate and refined product inventory Cost of products and other $ (31.8)

DESCRIPTION OF THE BUSINESS A_2

DESCRIPTION OF THE BUSINESS AND BASIS OF PRESENTATION (Details)	12 Months Ended
	Dec. 31, 2020reportable_segmentshares	Dec. 31, 2019shares	Apr. 29, 2019	Dec. 31, 2018shares	Aug. 14, 2018shares	Jul. 31, 2018	Jul. 30, 2018	Dec. 31, 2017shares
Description of Business [Line Items]
Ownership Percentage of Equity Held	100.00%	100.00%		100.00%	100.00%			100.00%
Limited Partners' Capital Account, Ownership Percentage	100.00%	100.00%	100.00%	100.00%		100.00%	100.00%	100.00%
Number Of Reporting Segments \| reportable_segment	2
Shares outstanding (in shares)	121,072,288	121,020,288		121,080,516	121,059,199			114,332,995
PBF Energy [Member] \| Class A Common Stock [Member]
Description of Business [Line Items]
Ownership Percentage of Equity Held	99.20%	99.00%
Shares outstanding (in shares)	120,101,641	119,804,971		119,874,191	119,852,874			110,565,531
PBF LLC [Member] \| Series C Units [Member]
Description of Business [Line Items]
Shares outstanding (in shares)	120,122,872
PBF LLC [Member] \| Series A Units [Member]
Description of Business [Line Items]
Ownership Percentage of Equity Held	0.80%	1.00%		1.00%	1.00%			3.30%
Shares outstanding (in shares)	970,647	1,215,317		1,206,325	1,206,325			3,767,464
Limited Partner [Member] \| PBF LLC [Member]
Description of Business [Line Items]
Limited Partners' Capital Account, Ownership Percentage	48.00%	48.20%	48.30%	44.00%		44.00%	42.10%	44.10%

SUMMARY OF SIGNIFICANT ACCOUN_4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Impairment Assessment) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Impairment Assessment [Line Items]
Impairment expense	$ 98.8	$ 0	$ 0
East Coast Refining [Member]
Impairment Assessment [Line Items]
Impairment expense	91.8
PBF Logistics LP [Member]
Impairment Assessment [Line Items]
Impairment expense	$ 7

SUMMARY OF SIGNIFICANT ACCOUN_5

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Concentration of Credit Risk) (Details) - Customer Concentration Risk [Member] - numberOfCustomers	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Revenues [Member]
Concentration Risk [Line Items]
Number of Customers	1	0	0
Concentration Risk, Benchmark Description	10	10	10
Accounts Receivables [Member]
Concentration Risk [Line Items]
Number of Customers	1	0
Concentration Risk, Benchmark Description	10	10
Royal Dutch Shell [Member] \| Revenues [Member]
Concentration Risk [Line Items]
Concentration risk percentage	(13.00%)
Royal Dutch Shell [Member] \| Accounts Receivables [Member]
Concentration Risk [Line Items]
Concentration risk percentage	(16.00%)

SUMMARY OF SIGNIFICANT ACCOUN_6

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Allowance for Doubtful Accounts) (Details) - USD ($)	Dec. 31, 2020	Dec. 31, 2019
Accounting Policies [Abstract]
Allowance for doubtful accounts	$ 0	$ 0

SUMMARY OF SIGNIFICANT ACCOUN_7

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Leases) (Details) - USD ($) $ in Millions	Dec. 31, 2020	Dec. 31, 2019	Jan. 01, 2019
Lessee, Lease, Description [Line Items]
Lease right of use assets	$ 836.5	$ 306.4	$ 250
Operating Lease, Liability	$ 834.4		$ 250
Non-cancelable operating lease term	20 years
Minimum [Member]
Lessee, Lease, Description [Line Items]
Non-cancelable operating lease term	1 year
Maximum [Member]
Lessee, Lease, Description [Line Items]
Non-cancelable operating lease term	20 years

SUMMARY OF SIGNIFICANT ACCOUN_8

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Property, Plant, and Equipment) (Details)	12 Months Ended
	Dec. 31, 2020
Process Units and Equipment [Member] \| Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives	5 years
Process Units and Equipment [Member] \| Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives	25 years
Pipeline and Equipment [Member] \| Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives	5 years
Pipeline and Equipment [Member] \| Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives	25 years
Buildings [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives	25 years
Computers, Furniture and Fixtures [Member] \| Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives	3 years
Computers, Furniture and Fixtures [Member] \| Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives	7 years
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives	20 years
Railcars [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives	50 years

SUMMARY OF SIGNIFICANT ACCOUN_9

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Deferred Charges and Other Assets, Net) (Details) $ in Millions	12 Months Ended
	Dec. 31, 2020USD ($)
Finite-Lived Intangible Assets [Line Items]
Accelerated Amortization, Deferred Turnaround Costs	$ 56.2
Minimum [Member]
Finite-Lived Intangible Assets [Line Items]
Refinery turnaround amortization period	3 years
Amortization over life of loan	1 year
Intangible assets estimated useful lives	1 year
Maximum [Member]
Finite-Lived Intangible Assets [Line Items]
Refinery turnaround amortization period	6 years
Amortization over life of loan	8 years
Intangible assets estimated useful lives	10 years

SUMMARY OF SIGNIFICANT ACCOU_10

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Stock-Based Compensation) (Details)	12 Months Ended
	Dec. 31, 2020
Phantom Share Units (PSUs) [Member] \| PBFX [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	4 years
Minimum [Member] \| Performance Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-Based Compensation Arrangement By Share-Based Payment Award, Equity Instruments Other Than Options, Distribution Percentage Based On Performance Measurements	0.00%
Minimum [Member] \| Performance share units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-Based Compensation Arrangement By Share-Based Payment Award, Equity Instruments Other Than Options, Distribution Percentage Based On Performance Measurements	0.00%
Maximum [Member] \| Performance Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-Based Compensation Arrangement By Share-Based Payment Award, Equity Instruments Other Than Options, Distribution Percentage Based On Performance Measurements	200.00%
Maximum [Member] \| Performance share units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-Based Compensation Arrangement By Share-Based Payment Award, Equity Instruments Other Than Options, Distribution Percentage Based On Performance Measurements	200.00%

SUMMARY OF SIGNIFICANT ACCOU_11

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Income Taxes) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Operating Loss Carryforwards [Line Items]
Percent of tax benefit received from increases in tax basis paid to stockholders	85.00%
Unrealized deferred tax asset	$ 155.2	$ 278.1
Deferred Tax Assets, Valuation Allowance	358.4	0
Payable to related parties pursuant to Tax Receivable Agreement	$ 0	$ 373.5

SUMMARY OF SIGNIFICANT ACCOU_12

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES New Accounting Pronouncements (Details) - USD ($) $ in Millions	Dec. 31, 2020	Dec. 31, 2019	Jan. 01, 2019
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Operating lease right of use assets	$ 836.5	$ 306.4	$ 250
Operating Lease, Liability	$ 834.4		$ 250

PBF LOGISTICS LP (Details)

PBF LOGISTICS LP (Details) - shares	Dec. 31, 2020	Dec. 31, 2019	Apr. 29, 2019	Dec. 31, 2018	Jul. 31, 2018	Jul. 30, 2018	Dec. 31, 2017
Limited Partners' Capital Account, Ownership Percentage	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Limited Partner [Member] \| PBF LLC [Member]
Limited Partners' Capital Account, Ownership Percentage	48.00%	48.20%	48.30%	44.00%	44.00%	42.10%	44.10%
Limited Partner [Member] \| Public Unit Holders [Member]
Limited Partners' Capital Account, Ownership Percentage	52.00%	51.80%	51.70%	56.00%	56.00%	57.90%	55.90%
Limited Partner [Member] \| Common Units [Member] \| PBF LLC [Member]
Partners' Capital Account, Units (in shares)	29,953,631

PBF LOGISTICS LP OFFERINGS AND

PBF LOGISTICS LP OFFERINGS AND EQUITY TRANSACTIONS (Details) - USD ($)	Apr. 24, 2019	Aug. 14, 2018	Jul. 30, 2018	Dec. 31, 2019	Dec. 31, 2020	Dec. 31, 2018	Feb. 28, 2019
Stock issued during period (in shares)	6,585,500	6,000,000
Stock issued during period	$ 135,000,000					$ 287,300,000
PBF Logistics LP [Member]
Incentive Distribution, Distribution				$ 0
IDR maximum percentage distribution					50.00%
IDR, Distribution in Excess (in dollars per share)					$ 0.345
Limited Partner, Public [Member]
Partners' Capital Account, Units, Sold in Public Offering (in shares)			1,775,750
Proceeds from issuance of stock			$ 34,900,000
PBF LLC [Member] \| Common Units [Member] \| PBF Logistics LP [Member]
Stock Issued During Period, Shares, Conversion of Incentive Distribution Rights							10,000,000

PBF LOGISTICS LP ACQUISITIONS (

PBF LOGISTICS LP ACQUISITIONS (Details)	Apr. 24, 2019USD ($)shares	Aug. 14, 2018shares	Jul. 16, 2018USD ($)agreementshares	Apr. 16, 2018USD ($)bay	Mar. 31, 2020	May 30, 2019	Dec. 31, 2020USD ($)	Dec. 31, 2019USD ($)	Dec. 31, 2018USD ($)	Dec. 31, 2020	May 02, 2018USD ($)
Stock issued during period	$ 135,000,000								$ 287,300,000
Stock issued during period (in shares) \| shares	6,585,500	6,000,000
Impairment expense							$ 98,800,000	$ 0	0
Payments to Acquire Property, Plant, and Equipment							196,200,000	$ 404,900,000	$ 317,500,000
Revolving Credit Facility [Member] \| Line of Credit [Member]
Maximum borrowing capacity											$ 3,400,000,000
PBF Logistics LP [Member]
Impairment expense							$ 7,000,000
PBF Logistics LP [Member] \| Revolving Credit Facility [Member] \| Line of Credit [Member]
Maximum borrowing capacity				$ 500,000,000
Torrance Valley Pipeline Company LLC [Member]
Business Combination, Consideration Transferred	$ 200,000,000
Knoxville Terminals Purchase [Member] \| PBF Logistics LP [Member]
Number Of Refined Product Terminals Acquired				2
Number Of Loading Bays Acquired \| bay				9
Payments to Acquire Property, Plant, and Equipment				$ 58,000,000
PBF Logistics LP [Member] \| Torrance Valley Pipeline Company LLC [Member]
Wholly Owned Subsidiary, Percentage of Ownership										100.00%
TVP Holding [Member] \| Torrance Valley Pipeline Company LLC [Member]
Wholly Owned Subsidiary, Percentage of Ownership					50.00%	50.00%
Development Assets Acquisition [Member]
Related Party Transaction, Number Of Contribution Agreements Entered Into \| agreement			4
Stock issued during period			$ 31,600,000
Stock issued during period (in shares) \| shares			1,494,134

ACQUISITIONS (Purchase Price) (

ACQUISITIONS (Purchase Price) (Details) - USD ($) $ in Millions		Feb. 01, 2020	Oct. 01, 2019	Oct. 01, 2018		Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Business Acquisition [Line Items]
Payments to Acquire Property, Plant, and Equipment						$ 196.2	$ 404.9	$ 317.5
East Coast Storage Assets Acquisition [Member]
Business Acquisition [Line Items]
Payment to acquire business						0	0	75
Business Combination, Consideration Transferred, Initial Estimate	[1]			$ 105.9
Business Combination, Consideration Transferred, Working Capital Adjustments				0
East Coast Storage Assets Acquisition contingent consideration				21.1	[2]	0	0	21.1
Total consideration				$ 127
Term of Agreement				3 years
Deferred payment for PBFX East Coast Storage Assets Acquisition			$ 32	$ 30.9		0	0	$ 30.9
Business Combination, Contingent Consideration, Liability				21.1		12.1	$ 26.1
Payments to Acquire Property, Plant, and Equipment				$ 75
Martinez Acquistion [Member]
Business Acquisition [Line Items]
Payment to acquire business		$ 960
Business Combination, Consideration Transferred, Working Capital Adjustments		216.1
Business Combination, Contingent Consideration, Initial Estimate	[3]	77.3
Total consideration		$ 1,253.4
Term of Agreement		4 years
Business Combination, Contingent Consideration, Liability						$ 0

[1]	Includes $30.9 million net present value payable of $32.0 million due to Crown Point one year after closing. The remaining $32.0 million payment was paid in full on October 1, 2019.
[2]	The East Coast Storage Asset Acquisition includes consideration in the form of the PBFX Contingent Consideration over a contractual term of up to three years starting in 2019. PBFX recorded the Contingent Consideration based on its estimated fair value of $21.1 million at the acquisition date. The remaining short-term PBFX Contingent Consideration is included in “Accrued expenses” in the Consolidated Balance Sheets at December 31, 2020
[3]	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 Consolidated Balance Sheets.

ACQUISITIONS (Assets and Liabil

ACQUISITIONS (Assets and Liabilities Acquired) (Details) - USD ($) $ in Millions		Feb. 01, 2020	Oct. 01, 2018
East Coast Storage Assets Acquisition [Member]
Business Acquisition [Line Items]
Accounts receivable			$ 0.4
Prepaid expenses and other current assets			0.6
Property, plant and equipment			115.6
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles	[1]		13.3
Accounts payable			(0.9)
Accrued expenses			(1.3)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Other			(0.7)
Fair value of net assets acquired			$ 127
Martinez Acquistion [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Inventory		$ 224.1
Prepaid expenses and other current assets		5.4
Property, plant and equipment		987.9
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Operating Lease Right of Use Assets	[2]	7.8
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Financing Lease Right of Use Asset	[2]	63.5
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Other Noncurrent Assets		63.7
Accrued expenses		(1.4)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed,Current Liabilities, Operating Lease Liability		(1.9)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities, Financing Lease Liability	[3]	(6)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Operating Lease Liability		(5.9)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Financing Lease Liability		(57.5)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Other		(26.3)
Fair value of net assets acquired		$ 1,253.4

[1]	Intangible assets are included in “Deferred charges and other assets” within the Consolidated Balance Sheets
[2]	Operating and Financing lease right of use assets are recorded in Lease right of use assets within the Consolidated Balance Sheets.
[3]	Current financing lease liabilities are recorded in Accrued expenses within the Consolidated Balance Sheet.

ACQUISITIONS (Pro Forma Informa

ACQUISITIONS (Pro Forma Information) (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2020	Dec. 31, 2019
East Coast Storage Assets Acquisition [Member]
Business Acquisition [Line Items]
Pro forma revenue		$ 27,203.5
Pro forma net income (loss)		$ 124.6
Business Acquisition, Pro Forma Earnings Per Share, Basic		$ 1.08
Business Acquisition, Pro Forma Earnings Per Share, Diluted		$ 1.07
Revenues	$ 5.9
Income (Loss) Attributable to Parent, before Tax	$ 0.8
Martinez Acquisition
Business Acquisition [Line Items]
Pro forma revenue		$ 15,479.7	$ 28,323.1
Pro forma net income (loss)		$ (1,423.4)	$ 122.6
Business Acquisition, Pro Forma Earnings Per Share, Basic		$ (11.90)	$ 1.02
Business Acquisition, Pro Forma Earnings Per Share, Diluted		$ (11.90)	$ 1.01
PBF LLC [Member] \| East Coast Storage Assets Acquisition [Member]
Business Acquisition [Line Items]
Pro forma revenue		$ 27,203.5
Pro forma net income (loss)		130.2
PBF LLC [Member] \| Martinez Acquisition
Business Acquisition [Line Items]
Pro forma revenue		15,479.7	$ 28,323.1
Pro forma net income (loss)		$ (1,827.8)	$ 165.2

ACQUISITIONS (Additional Inform

ACQUISITIONS (Additional Information) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Business Combinations [Abstract]
Business Combination, Acquisition Related Costs	$ 12.5	$ 11.6	$ 2.9

CURRENT EXPECTED CREDIT LOSSES

CURRENT EXPECTED CREDIT LOSSES (Details) - USD ($)	Dec. 31, 2020	Dec. 31, 2019
Credit Loss [Abstract]
Allowance for doubtful accounts	$ 0	$ 0

INVENTORIES (Details)

INVENTORIES (Details) - USD ($) $ in Millions	12 Months Ended
INVENTORIES (Details) - USD ($) $ in Millions	Dec. 31, 2020	Dec. 31, 2019		Dec. 31, 2018
Inventory [Line Items]
Crude oil and feedstocks	$ 1,018.9	$ 1,074.1
Refined products and blendstocks	1,200.2	1,328.9
Warehouse stock and other	136.7	120.8
Other Inventory, Gross	2,355.8	2,523.8
Lower of cost or market adjustment	(669.6)	(401.6)		$ (651.8)
Total inventories	1,686.2	2,122.2
Income (loss) from operations	(1,416.8)	649	[1],[2]	$ 358.1	[2]
Inventory, LIFO Reserve, Effect on Income, Net	83	4.9
Titled Inventory [Member]
Inventory [Line Items]
Crude oil and feedstocks	1,018.9	1,071.4
Refined products and blendstocks	933.7	976
Warehouse stock and other	136.7	120.8
Other Inventory, Gross	2,089.3	2,168.2
Lower of cost or market adjustment	(572.4)	(324.8)
Total inventories	1,516.9	1,843.4
Inventory Supply and Offtake Arrangements [Member]
Inventory [Line Items]
Crude oil and feedstocks	0	2.7
Refined products and blendstocks	266.5	352.9
Warehouse stock and other	0	0
Other Inventory, Gross	266.5	355.6
Lower of cost or market adjustment	(97.2)	(76.8)
Total inventories	169.3	278.8
Adjustment [Member]
Inventory [Line Items]
Income (loss) from operations	$ (268)	$ 250.2

[1]	On April 24, 2019, PBFX entered into 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. Prior to the TVPC Acquisition, TVP Holding owned a 50% membership interest in 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 Consolidated Financial Statements, PBF Holding’s equity income in investee and PBFX’s net income attributable to noncontrolling interest eliminate in consolidation.

PROPERTY, PLANT AND EQUIPMENT_3

PROPERTY, PLANT AND EQUIPMENT, NET (Details) $ in Millions	Apr. 17, 2020USD ($)hydrogenPlants	Dec. 31, 2020USD ($)	Dec. 31, 2019USD ($)	Dec. 31, 2018USD ($)
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross		$ 6,051.4	$ 4,988.8
Less - Accumulated depreciation		(1,208.1)	(965.6)
Property, plant and equipment, net		4,843.3	4,023.2
Depreciation		223	178	$ 162.2
Impairment expense		98.8	0	0
Number of Hydrogen Plants Sold \| hydrogenPlants	5
Sale Leaseback Transaction, Gross Proceeds, Investing Activities	$ 530
Gain (Loss) on Disposition of Property Plant Equipment		477.8	29.9	43.1
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property		477.8	29.9	43.1
Air Products and Chemical, Inc. [Member]
Property, Plant and Equipment [Line Items]
Sale Leaseback Transaction, Gross Proceeds, Investing Activities	$ 530
Gain (Loss) on Disposition of Property Plant Equipment		471.1
East Coast Refining [Member]
Property, Plant and Equipment [Line Items]
Impairment expense		91.8
Land [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross		534.7	360.5
Process units, pipelines and equipment [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross		5,026.2	4,108
Building and Building Improvements [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross		127	64.6
Computers furniture and fixtures [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross		164.3	143.5
Construction in progress [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross		199.2	312.2
Capitalized interest		12.6	18.1
Construction in progress [Member] \| East Coast Refining [Member] \| Idled Processing Units [Member]
Property, Plant and Equipment [Line Items]
Impairment expense		11.9
Construction in progress [Member] \| East Coast Refining [Member] \| Capital Projects [Member]
Property, Plant and Equipment [Line Items]
Impairment expense		79.9
Torrance Refinery [Member]
Property, Plant and Equipment [Line Items]
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property		$ (8.1)	$ (33.1)	$ (43.8)

DEFERRED CHARGES AND OTHER AS_3

DEFERRED CHARGES AND OTHER ASSETS, NET (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2017
Deferred turnaround costs, net	$ 598.2	$ 722.7
Catalyst, net	155.2	132.7
Environmental credits	39.6	37.8
Linefill	27.4	19.5
Pension plan assets	21.2	10.3
Intangible assets, net	10.1	24.3
Other	20.5	7.6
Total deferred charges and other assets, net	872.2	954.9
Amortization expense	325.9	258.1	$ 207.6
Accelerated Amortization, Deferred Turnaround Costs	56.2
Intangible Assets, Net [Abstract]
Intangible assets - gross	25.5	29.5
Accumulated amortization	(15.4)	(5.2)
Intangible assets - net	10.1	24.3
PBF LLC [Member]
Deferred turnaround costs, net	598.2	722.7
Catalyst, net	155.2	132.7
Environmental credits	39.6	37.8
Linefill	27.4	19.5
Pension plan assets	21.2	10.3
Intangible assets, net	10.1	24.3
Other	20.6	6.5
Total deferred charges and other assets, net	872.3	953.8
Indefinitely-Lived Precious Metal [Member]
Catalyst, net	$ 115.2	$ 74.5

ACCRUED EXPENSES (Details)

ACCRUED EXPENSES (Details) - USD ($) $ in Millions	Dec. 31, 2020	Dec. 31, 2019
Accrued Expenses:
Inventory-related accruals	$ 695	$ 1,103.2
Renewable energy credit and emissions obligations	528.1	17.7
Inventory intermediation agreements	225.8	278.1
Excise and sales tax payable	120.1	98.6
Accrued transportation costs	72.1	88.7
Accrued utilities	58.6	40.1
Accrued interest	46.1	12.1
Accrued salaries and benefits	42.2	81.1
Accrued refinery maintenance and support costs	35.7	16.9
Accrued capital expenditures	15	32.2
Current finance lease liabilities	14.4	6.5
Contingent Consideration	12.1	10
Environmental liabilities	11.8	12.8
Customer deposits	4	1.8
Other	30.5	15.8
Accrued expenses	1,911.5	1,815.6
PBF LLC [Member]
Accrued Expenses:
Inventory-related accruals	695	1,103.2
Renewable energy credit and emissions obligations	528.1	17.7
Inventory intermediation agreements	225.8	278.1
Excise and sales tax payable	120.1	98.6
Accrued transportation costs	72.1	88.7
Accrued utilities	58.6	40.1
Accrued interest	83.8	39.5
Accrued salaries and benefits	42.2	81.1
Accrued refinery maintenance and support costs	35.7	16.9
Accrued capital expenditures	15	32.2
Current finance lease liabilities	14.4	6.5
Contingent Consideration	12.1	10
Environmental liabilities	11.8	12.8
Customer deposits	4	1.8
Other	32.5	19
Accrued expenses	$ 1,951.2	$ 1,846.2

CREDIT FACILITIES AND DEBT (Det

CREDIT FACILITIES AND DEBT (Details)

Dec. 21, 2020USD ($)

May 13, 2020USD ($)

Jan. 24, 2020USD ($)

Jul. 30, 2018USD ($)

May 02, 2018USD ($)

Oct. 06, 2017USD ($)

May 30, 2017USD ($)

Dec. 22, 2016USD ($)

May 14, 2014USD ($)renewal

Oct. 31, 2012USD ($)

Dec. 31, 2020USD ($)

Dec. 31, 2019USD ($)

May 07, 2020

May 06, 2020

Feb. 18, 2020USD ($)

May 12, 2015USD ($)

Feb. 09, 2012

Debt Instrument [Line Items]

Uncommitted Receivables Purchase Facility, Maximum Borrowing

$ 300,000,000

Minimum [Member]

Debt Instrument [Line Items]

Debt instrument term

1 year

Maximum [Member]

Debt Instrument [Line Items]

Debt instrument term

8 years

2023 Senior Notes [Member]

Debt Instrument [Line Items]

Debt fixed interest rate

7.00%

2020 Senior Secured Notes [Member]

Debt Instrument [Line Items]

Debt fixed interest rate

8.25%

2025 Senior Notes [Member]

Debt Instrument [Line Items]

Long-term Debt

$ 725,000,000

Debt fixed interest rate

7.25%

Proceeds from Debt, Net of Issuance Costs

$ 711,600,000

Redemption price as a percentage

100.00%

New PBFX Senior Notes [Member]

Debt Instrument [Line Items]

Debt Instrument, Interest Rate, Effective Percentage

6.442%

2028 Senior Notes [Member]

Debt Instrument [Line Items]

Long-term Debt

$ 1,000,000,000

Debt fixed interest rate

6.00%

Proceeds from Debt, Net of Issuance Costs

$ 987,000,000

Additional 2025 Senior Secured Notes [Member]

Debt Instrument [Line Items]

Long-term Debt

$ 250,000,000

Debt fixed interest rate

9.25%

Proceeds from Debt, Net of Issuance Costs

$ 245,700,000

Debt Instrument, Issuance Percentage Of Face Amount

100.25%

Initial 2025 Senior Secured Notes [Member]

Debt Instrument [Line Items]

Long-term Debt

$ 1,000,000,000

Debt fixed interest rate

9.25%

Proceeds from Debt, Net of Issuance Costs

$ 982,900,000

PBFX Revolving Credit Facility [Member]

Debt Instrument [Line Items]

Net Repayments of Lines of Credit

$ 83,000,000

Revolving Loan [Member]

Debt Instrument [Line Items]

Long-term Line of Credit

900,000,000

$ 0

PBFX 2023 Senior Notes [Member]

Debt Instrument [Line Items]

Debt fixed interest rate

6.875%

Redemption price as a percentage

100.00%

Debt Instrument, Face Amount

$ 350,000,000

Line of Credit [Member] | Revolving Loan [Member]

Debt Instrument [Line Items]

Maximum borrowing capacity

$ 3,400,000,000

Line of Credit Facility, Available Increase in Borrowing Capacity

$ 3,500,000,000

Maximum borrowing capacity, as a percentage of aggregate borrowing capacity

10.00%

Alternative maximum borrowing capacity

$ 100,000,000

Effective consolidated fixed charge coverage ratio during period

Line of Credit, Incur Certain Secured Debt, Percentage of Total Assets

20.00%

10.00%

Long-term Line of Credit

Line of Credit [Member] | Revolving Loan [Member] | Maximum [Member]

Debt Instrument [Line Items]

Line of Credit Facility, Commitment Fee Percentage

0.25%

Line of Credit [Member] | Revolving Loan [Member] | Company Credit Rating [Member] | Minimum [Member]

Debt Instrument [Line Items]

Basis spread on variable rate

1.00%

Line of Credit [Member] | Revolving Loan [Member] | Company Credit Rating [Member] | Maximum [Member]

Debt Instrument [Line Items]

Basis spread on variable rate

1.75%

Line of Credit [Member] | Revolving Loan [Member] | Base Rate [Member] | Minimum [Member]

Debt Instrument [Line Items]

Basis spread on variable rate

0.25%

Line of Credit [Member] | Revolving Loan [Member] | Base Rate [Member] | Maximum [Member]

Debt Instrument [Line Items]

Basis spread on variable rate

1.00%

Line of Credit [Member] | Revolving Loan [Member] | LIBOR [Member] | Minimum [Member]

Debt Instrument [Line Items]

Basis spread on variable rate

1.25%

Line of Credit [Member] | Revolving Loan [Member] | LIBOR [Member] | Maximum [Member]

Debt Instrument [Line Items]

Basis spread on variable rate

2.00%

Line of Credit [Member] | Standby Letters of Credit [Member]

Debt Instrument [Line Items]

Long-term Line of Credit

184,400,000

221,400,000

New PBFX Senior Notes [Member]

Debt Instrument [Line Items]

Debt fixed interest rate

6.875%

Debt Instrument, Issuance Percentage Of Face Amount

102.00%

Debt Instrument, Face Amount

$ 175,000,000

2023 Senior Notes [Member]

Debt Instrument [Line Items]

Long-term Debt

[1]

500,000,000

Financing Arrangements [Member]

Debt Instrument [Line Items]

Catalyst financing fees

$ 2,700,000

700,000

Financing Arrangements [Member] | Paulsboro Catalyst Financing Arrangement [Member]

Debt Instrument [Line Items]

Debt fixed interest rate

1.47%

Financing Arrangements [Member] | Toledo Catalyst Financing Arrangement [Member]

Debt Instrument [Line Items]

Debt fixed interest rate

[2]

4.05%

Financing Arrangements [Member] | Delaware City Catalyst Financing Arrangement - Platinum [Member]

Debt Instrument [Line Items]

Debt fixed interest rate

[2]

2.75%

Financing Arrangements [Member] | Chalmette Catalyst Financing Arrangement - Due 2021 [Member]

Debt Instrument [Line Items]

Debt fixed interest rate

[2]

2.10%

Financing Arrangements [Member] | Chalmette Catalyst Financing Arrangement - Due 2022 [Member]

Debt Instrument [Line Items]

Debt fixed interest rate

1.80%

Financing Arrangements [Member] | Torrance Catalyst Financing Arrangement [Member]

Debt Instrument [Line Items]

Debt fixed interest rate

1.78%

2025 Senior Secured Notes [Member]

Debt Instrument [Line Items]

Long-term Debt

$ 1,250,600,000

Debt Instrument, Redemption Price, Percentage of Principal Amount Redeemed

35.00%

Redemption price as a percentage

109.25%

2025 Senior Secured Notes [Member] | Regulatory Debt Facility [Member]

Debt Instrument [Line Items]

Debt Instrument, Redemption Price, Percentage of Principal Amount Redeemed

35.00%

Redemption price as a percentage

104.625%

2028 Senior Notes [Member]

Debt Instrument [Line Items]

Long-term Debt

1,000,000,000

Debt Instrument, Redemption Price, Percentage of Principal Amount Redeemed

35.00%

Redemption price as a percentage

106.00%

PBF Rail Logistics Company LLC [Member] | Notes Payable to Banks [Member]

Debt Instrument [Line Items]

Long-term Debt

$ 35,000,000

7,400,000

14,500,000

Debt instrument term

5 years

PBF Logistics LP [Member] | Revolving Loan [Member]

Debt Instrument [Line Items]

Long-term Line of Credit

200,000,000

283,000,000

PBF Logistics LP [Member] | PBFX 2023 Senior Notes [Member]

Debt Instrument [Line Items]

Long-term Debt

526,600,000

527,200,000

PBF Logistics LP [Member] | Line of Credit [Member] | Revolving Loan [Member]

Debt Instrument [Line Items]

Long-term Line of Credit

283,000,000

Line of Credit Facility, Current Borrowing Capacity

$ 25,000,000

Letters of Credit Outstanding, Amount

$ 4,900,000

$ 4,800,000

PBF Logistics LP [Member] | Secured Debt [Member] | Revolving Loan [Member]

Debt Instrument [Line Items]

Maximum borrowing capacity

750,000,000

Line of Credit Facility, Available Increase in Borrowing Capacity

$ 250,000,000

Debt instrument term

5 years

Line of Credit Facility, Maximum Amount Outstanding During Period

$ 500,000,000

$ 275,000,000

Debt Instrument, Renewal Term

1 year

Debt Instrument, Number Of Renewals | renewal

Debt Instrument, Covenant, Consolidated Interest Leverage Ratio, Minimum

2.50

Debt Instrument, Covenant, Leverage Ratio, Maximum

4.50

Debt Instrument, Covenant, Consolidated Senior Secured Leverage Ratio, Maximum

3.50

PBF Logistics LP [Member] | Secured Debt [Member] | Revolving Loan [Member] | Base Rate [Member] | Minimum [Member]

Debt Instrument [Line Items]

Basis spread on variable rate

0.75%

PBF Logistics LP [Member] | Secured Debt [Member] | Revolving Loan [Member] | Base Rate [Member] | Maximum [Member]

Debt Instrument [Line Items]

Basis spread on variable rate

1.75%

PBF Logistics LP [Member] | Secured Debt [Member] | Revolving Loan [Member] | LIBOR [Member] | Minimum [Member]

Debt Instrument [Line Items]

Basis spread on variable rate

1.75%

PBF Logistics LP [Member] | Secured Debt [Member] | Revolving Loan [Member] | LIBOR [Member] | Maximum [Member]

Debt Instrument [Line Items]

Basis spread on variable rate

2.75%

PBF Logistics LP [Member] | Standby Letters of Credit [Member] | Revolving Loan [Member]

Debt Instrument [Line Items]

Line of Credit Facility, Current Borrowing Capacity

$ 75,000,000

[1]

As disclosed in “Note 10 - Credit Facilities and Debt”, the 2023 Senior Notes were redeemed in full on February 14, 2020.

[2]

These catalyst financing arrangements are included in Long-term debt as of December 31, 2020 as the Company has the ability and intent to finance this debt through availability under other credit facilities if the catalyst financing arrangements are not renewed at maturity.

CREDIT FACILITIES AND DEBT (Sum

CREDIT FACILITIES AND DEBT (Summary of Long-Term Debt) (Details) - USD ($)		Dec. 31, 2020	Dec. 31, 2019	Dec. 22, 2016	May 12, 2015
Debt Instrument [Line Items]
Long-term Debt, Gross		$ 4,712,100,000	$ 2,097,300,000
Less—Current debt		(7,400,000)	0
Unamortized deferred financing costs		(51,100,000)	(32,400,000)
Long-term debt (PBFX: $720.8 and $802.1, respectively)		4,653,600,000	2,064,900,000
Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Long-term Line of Credit		900,000,000	0
2025 Senior Secured Notes [Member]
Debt Instrument [Line Items]
Long-term Debt		1,250,600,000	0
2028 Senior Notes [Member]
Debt Instrument [Line Items]
Long-term Debt		1,000,000,000	0
2025 Senior Notes [Member]
Debt Instrument [Line Items]
Long-term Debt		725,000,000	725,000,000
2023 Senior Notes [Member]
Debt Instrument [Line Items]
Long-term Debt	[1]	0	500,000,000
PBFX 2023 Senior Notes [Member]
Debt Instrument [Line Items]
Debt fixed interest rate					6.875%
Line of Credit [Member] \| Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Long-term Line of Credit			0
PBF Rail Logistics Company LLC [Member] \| Notes Payable to Banks [Member]
Debt Instrument [Line Items]
Long-term Debt		7,400,000	14,500,000	$ 35,000,000
PBF Logistics LP [Member] \| Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Long-term Line of Credit		200,000,000	283,000,000
PBF Logistics LP [Member] \| PBFX 2023 Senior Notes [Member]
Debt Instrument [Line Items]
Long-term Debt		$ 526,600,000	527,200,000
PBF Logistics LP [Member] \| Line of Credit [Member] \| Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Long-term Line of Credit			283,000,000
Paulsboro Catalyst Financing Arrangement [Member] \| Catalyst Financing Arrangement [Member]
Debt Instrument [Line Items]
Debt fixed interest rate		1.47%
Delaware City Catalyst Financing Arrangement - Platinum [Member] \| Catalyst Financing Arrangement [Member]
Debt Instrument [Line Items]
Debt fixed interest rate	[2]	2.75%
Delaware City Catalyst Financing Arrangement - Palladium [Member] \| Catalyst Financing Arrangement [Member]
Debt Instrument [Line Items]
Debt fixed interest rate	[2]	3.45%
Toledo Catalyst Financing Arrangement [Member] \| Catalyst Financing Arrangement [Member]
Debt Instrument [Line Items]
Debt fixed interest rate	[2]	4.05%
Chalmette Catalyst Financing Arrangement - Due 2021 [Member] \| Catalyst Financing Arrangement [Member]
Debt Instrument [Line Items]
Debt fixed interest rate	[2]	2.10%
Chalmette Catalyst Financing Arrangement - Due 2022 [Member] \| Catalyst Financing Arrangement [Member]
Debt Instrument [Line Items]
Debt fixed interest rate		1.80%
Torrance Catalyst Financing Arrangement [Member] \| Catalyst Financing Arrangement [Member]
Debt Instrument [Line Items]
Debt fixed interest rate		1.78%
Martinez Catalyst Financing Arrangement - Platinum [Member] \| Catalyst Financing Arrangement [Member]
Debt Instrument [Line Items]
Debt fixed interest rate	[2]	4.05%
Martinez Catalyst Financing Arrangement - Palladium [Member] \| Catalyst Financing Arrangement [Member]
Debt Instrument [Line Items]
Debt fixed interest rate	[2]	3.45%
Level 2 [Member] \| Fair Value, Measurements, Recurring [Member] \| Catalyst lease obligations [Member] \| Catalyst Financing Arrangement [Member]
Debt Instrument [Line Items]
Long-term Debt			$ 47,600,000

[1]	As disclosed in “Note 10 - Credit Facilities and Debt”, the 2023 Senior Notes were redeemed in full on February 14, 2020.
[2]	These catalyst financing arrangements are included in Long-term debt as of December 31, 2020 as the Company has the ability and intent to finance this debt through availability under other credit facilities if the catalyst financing arrangements are not renewed at maturity.

CREDIT FACILITIES AND DEBT (Deb

CREDIT FACILITIES AND DEBT (Debt Maturities) (Details) - USD ($) $ in Millions	Dec. 31, 2020	Dec. 31, 2019
Long-term Debt, Fiscal Year Maturity [Abstract]
2021	$ 86.3
2022	23.6
2023	1,626.6
2024	0
2025	1,975.6
Thereafter	1,000
Long-term Debt, Gross	$ 4,712.1	$ 2,097.3

AFFILIATE NOTE PAYABLE - PBF _2

AFFILIATE NOTE PAYABLE - PBF LLC (Details) - PBF LLC [Member] - USD ($) $ in Millions	Dec. 31, 2020	Dec. 31, 2019
Affiliate note payable	$ 376.3	$ 376.4
Notes Payable, Other Payables [Member]
Debt Instrument, Interest Rate, Stated Percentage	2.50%

OTHER LONG-TERM LIABILITIES (De

OTHER LONG-TERM LIABILITIES (Details) - USD ($) $ in Millions	Dec. 31, 2020	Dec. 31, 2019
Other Long-Term Liabilities [Abstract]
Environmental liabilities	$ 141.9	$ 121.8
Defined benefit pension plan liabilities	73.5	73.8
Post-retirement medical plan liabilities	22	17.5
Early railcar return liability	13.9	17.6
East Coast Storage Assets Contingent Consideration	0	16.1
Other	17.2	4.1
Total other long-term liabilities	$ 268.5	$ 250.9

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details) - USD ($)	12 Months Ended
RELATED PARTY TRANSACTIONS (Details) - USD ($)	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Blackstone and First Reserve [Member] \| Series B Units [Member]
Related Party Transaction [Line Items]
Distribution To Unitholders	$ 0	$ 0	$ 0

COMMITMENTS AND CONTINGENCIES_2

COMMITMENTS AND CONTINGENCIES (Details) $ in Millions		Feb. 01, 2020USD ($)	Oct. 01, 2018USD ($)	Mar. 03, 2014ppm	Dec. 31, 2020USD ($)earn-outYear	Dec. 31, 2020USD ($)ppm	Dec. 31, 2019USD ($)	Dec. 31, 2018USD ($)	Dec. 31, 2010ppm	Aug. 14, 2018	Dec. 31, 2017
Environmental Matters
Environmental liability					$ 153.7	$ 153.7	$ 134.6
Environmental liabilities					$ 141.9	$ 141.9	121.8
Maximum amount of sulfur allowed in heating oil (in ppm) \| ppm				10		80
Change in fair value of contingent consideration						$ (93.7)	$ (0.8)	$ 0
Percent of tax benefit received from increases in tax basis paid to stockholders						85.00%
Ownership Percentage of Equity Held					100.00%	100.00%	100.00%	100.00%		100.00%	100.00%
Payable to Related Parties, Tax Receivable Agreement					$ 0	$ 0	$ 373.5
PBF Energy [Member] \| Class A Common Stock [Member]
Environmental Matters
Ownership Percentage of Equity Held					99.20%	99.20%	99.00%
Environmental Issue [Member] \| Torrance Refinery [Member]
Environmental Matters
Environmental liability					$ 113.7	$ 113.7	$ 121.3
Expected future payments					52.7	$ 52.7
Executive [Member] \| Minimum [Member]
Employee Agreements
Potential lump sum payment as a multiple of base salary						1.50
Executive [Member] \| Maximum [Member]
Employee Agreements
Potential lump sum payment as a multiple of base salary						2.99
New York [Member] \| Environmental Issue [Member]
Environmental Matters
Maximum amount of sulfur allowed in heating oil (in ppm) \| ppm									15
Northeastern States [Member] \| Environmental Issue [Member]
Environmental Matters
Maximum amount of sulfur allowed in heating oil (in ppm) \| ppm									15
East Coast Storage Assets Acquisition [Member]
Environmental Matters
Term of Agreement			3 years
Business Combination, Contingent Consideration, Liability			$ 21.1		$ 12.1	$ 12.1	$ 26.1
Change in fair value of contingent consideration						16.4
Business Combination, Contingent Consideration Arrangements, Contract Termination, Elimination Of Earn-Out Period One \| earn-outYear					2
Business Combination, Contingent Consideration Arrangements, Contract Termination, Elimination Of Earn-Out Period Two \| earn-outYear					3
Martinez Acquistion [Member]
Environmental Matters
Term of Agreement		4 years
Business Combination, Contingent Consideration, Initial Estimate	[1]	$ 77.3
Business Combination, Contingent Consideration, Liability					$ 0	$ 0

[1]	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 Consolidated Balance Sheets.

COMMITMENTS AND CONTINGENCIES_3

COMMITMENTS AND CONTINGENCIES (Future Minimum Payments) (Details) $ in Millions	Dec. 31, 2020USD ($)
Operating Leases, Future Minimum Payments Due, Fiscal Year Maturity [Abstract]
2021	$ 43.6
2022	16.8
2023	16.8
2024	12.5
2025	12.5
Thereafter	42.9
Total obligations	$ 145.1

LEASES (Details)

LEASES (Details) $ in Millions	Apr. 17, 2020USD ($)hydrogenPlants	Dec. 31, 2020USD ($)	Dec. 31, 2019USD ($)	Dec. 31, 2018USD ($)	Aug. 01, 2020USD ($)	Jan. 01, 2019USD ($)
Lessee, Lease, Description [Line Items]
Non-cancelable operating lease term		20 years
Number of Hydrogen Plants Sold \| hydrogenPlants	5
Sale Leaseback Transaction, Gross Proceeds, Investing Activities	$ 530
Gain (Loss) on Disposition of Property Plant Equipment		$ 477.8	$ 29.9	$ 43.1
Lease right of use assets		836.5	306.4			$ 250
Operating Lease, Liability		834.4				$ 250
Sale and Leaseback Transaction, Gain (Loss), Net		$ 0
Lessee, Lease Not Yet Commenced, Term Of Contract		15 years
Lessee, Leases Not Yet Commenced, Liability		$ 34.1
PBF LLC [Member]
Lessee, Lease, Description [Line Items]
Gain (Loss) on Disposition of Property Plant Equipment		477.8	$ 29.9	$ 43.1
Air Products and Chemical, Inc. [Member]
Lessee, Lease, Description [Line Items]
Sale Leaseback Transaction, Gross Proceeds, Investing Activities	$ 530
Gain (Loss) on Disposition of Property Plant Equipment		471.1
Air Products and Chemical, Inc. [Member] \| Transition Service Agreement [Member]
Lessee, Lease, Description [Line Items]
Supply Commitment, Period	18 months
Air Products and Chemical, Inc. [Member] \| PBF LLC [Member]
Lessee, Lease, Description [Line Items]
Gain (Loss) on Disposition of Property Plant Equipment		$ 471.1
Hydrogen Supply [Member] \| Air Products and Chemical, Inc. [Member]
Lessee, Lease, Description [Line Items]
Non-cancelable operating lease term					15 years
Lease right of use assets					$ 504.1
Operating Lease, Liability					$ 503.9

LEASES (Lease Assets and Liabil

LEASES (Lease Assets and Liabilities) (Details) - USD ($) $ in Millions	Dec. 31, 2020	Dec. 31, 2019	Jan. 01, 2019
Leases [Abstract]
Operating lease right of use assets	$ 836.5	$ 306.4	$ 250
Finance Lease, Right-of-Use Asset	80.4	24.2
Lease, Right of Use Asset	916.9	330.6
Current operating lease liabilities	78.4	72.1
Finance lease liabilities	14.4	6.5
Long-term operating lease liabilities	756	233.1
Finance Lease, Liability, Noncurrent	68.3	18.4
Total lease liabilities	$ 917.1	$ 330.1

LEASES (Lease Cost) (Details)

LEASES (Lease Cost) (Details) - USD ($) $ in Millions	12 Months Ended
LEASES (Lease Cost) (Details) - USD ($) $ in Millions	Dec. 31, 2020	Dec. 31, 2019
Leases - Lease Assets and Liabilities [Abstract]
Finance Lease, Right-of-Use Asset, Amortization	$ 14	$ 2
Finance Lease, Interest Expense	4.3	0.8
Operating lease cost	162.3	109.8
Short-term lease cost	92.3	89.2
Variable lease cost	11.6	8.3
Total lease cost	$ 284.5	$ 210.1

LEASES (Supplemental Cash Flow

LEASES (Supplemental Cash Flow and Other Information) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Operating cash flows for operating leases	$ 163.1	$ 110.3
Finance Lease, Interest Payment on Liability	4.3	0.8
Finance Lease, Principal Payments	12.4	1.4
Supplemental non-cash amounts of lease liabilities arising from obtaining right-of-use assets	$ 702	$ 184.9
Weighted average remaining lease term - operating leases	13 years 9 months 18 days
Finance Lease, Weighted Average Remaining Lease Term	7 years 1 month 6 days
Weighted average discount rate - operating leases	9.60%
Finance Lease, Weighted Average Discount Rate, Percent	5.50%

LEASES (Maturity of Lease Liabi

LEASES (Maturity of Lease Liabilities) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Jan. 01, 2019
Lessee, Lease Not Yet Commenced, Term Of Contract	15 years
Lessee, Leases Not Yet Commenced, Liability	$ 34.1
Finance Leases
2021	18.6
2022	12.8
2023	12.8
2024	12.8
2025	11.4
Thereafter	31.7
Total minimum lease payments	100.1
Less: effect of discounting	17.4
Present value of future minimum lease payments	82.7
Finance lease liabilities	14.4	$ 6.5
Finance Lease, Liability, Noncurrent	68.3	18.4
Operating Leases
2021	153
2022	134.1
2023	111.8
2024	111.4
2025	98
Thereafter	907.3
Total minimum lease payments	1,515.6
Less: effect of discounting	681.2
Present value of future minimum lease payments	834.4		$ 250
Less: current obligations under leases	78.4	72.1
Long-term operating lease liabilities	$ 756	$ 233.1

STOCKHOLDERS' AND MEMBERS' EQ_2

STOCKHOLDERS' AND MEMBERS' EQUITY STRUCTURE (Additional Information) (Details)	12 Months Ended
	Dec. 31, 2020USD ($)voteshares
Class B Common Stock [Member]
Class of Stock [Line Items]
Number of votes per share \| vote	1
PBF LLC [Member] \| Series B Units [Member]
Class of Stock [Line Items]
Common Unit, Issuance Value \| $	$ 0
Number of units authorized \| shares	1,000,000,000

STOCKHOLDERS' AND MEMBERS' EQ_3

STOCKHOLDERS' AND MEMBERS' EQUITY STRUCTURE Treasury Stock (Details) - USD ($)	Dec. 31, 2020	Dec. 31, 2019	Aug. 19, 2014
Class of Stock [Line Items]
Treasury Stock, Shares	6,549,449	6,424,787
Treasury Stock, Value	$ 167,300,000	$ 165,700,000
Class A Common Stock [Member]
Class of Stock [Line Items]
Stock Repurchase Program, Authorized Amount			$ 300,000,000
Repurchase Program [Member] \| Class A Common Stock [Member]
Class of Stock [Line Items]
Treasury Stock, Shares	6,050,717
Treasury Stock, Value	$ 150,800,000

NONCONTROLLING INTERESTS PBF LL

NONCONTROLLING INTERESTS PBF LLC Noncontrolling Interest (Details) - shares	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018	Aug. 14, 2018	Dec. 31, 2017
Noncontrolling Interest [Line Items]
Ownership Percentage of Equity Held	100.00%	100.00%	100.00%	100.00%	100.00%
Shares outstanding (in shares)	121,072,288	121,020,288	121,080,516	121,059,199	114,332,995
Series A Units [Member] \| PBF LLC [Member]
Noncontrolling Interest [Line Items]
Ownership Percentage of Equity Held	0.80%	1.00%	1.00%	1.00%	3.30%
Shares outstanding (in shares)	970,647	1,215,317	1,206,325	1,206,325	3,767,464
Class A Common Stock [Member] \| PBF Energy [Member]
Noncontrolling Interest [Line Items]
Ownership Percentage of Equity Held	99.20%	99.00%
Shares outstanding (in shares)	120,101,641	119,804,971	119,874,191	119,852,874	110,565,531
Class A Common Stock [Member] \| PBF Energy Inc. [Member]
Noncontrolling Interest [Line Items]
Ownership Percentage of Equity Held		99.00%	99.00%	99.00%	96.70%

NONCONTROLLING INTERESTS PBFX N

NONCONTROLLING INTERESTS PBFX Noncontrolling Interest (Details) - shares	Apr. 24, 2019	Aug. 14, 2018	Dec. 31, 2020	Dec. 31, 2019	Apr. 29, 2019	Dec. 31, 2018	Jul. 31, 2018	Jul. 30, 2018	Dec. 31, 2017
Noncontrolling Interest [Line Items]
Limited Partners' Capital Account, Ownership Percentage			100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Stock issued during period (in shares)	6,585,500	6,000,000
Common Units [Member]
Noncontrolling Interest [Line Items]
Common units, outstanding (in shares)			62,364,838	62,130,035	62,001,349	45,348,663	45,344,668	43,850,534	41,900,708
Common Units [Member] \| Public Unit Holders [Member]
Noncontrolling Interest [Line Items]
Common units, outstanding (in shares)			32,411,207	32,176,404	32,047,718	25,395,032	25,391,037	25,391,037	23,441,211
Common Units [Member] \| PBF LLC [Member]
Noncontrolling Interest [Line Items]
Common units, outstanding (in shares)			29,953,631	29,953,631	29,953,631	19,953,631	19,953,631	18,459,497	18,459,497
Limited Partner [Member] \| Public Unit Holders [Member]
Noncontrolling Interest [Line Items]
Limited Partners' Capital Account, Ownership Percentage			52.00%	51.80%	51.70%	56.00%	56.00%	57.90%	55.90%
Stock issued during period (in shares)	6,585,500
Limited Partner [Member] \| PBF LLC [Member]
Noncontrolling Interest [Line Items]
Limited Partners' Capital Account, Ownership Percentage			48.00%	48.20%	48.30%	44.00%	44.00%	42.10%	44.10%

NONCONTROLLING INTERESTS Noncon

NONCONTROLLING INTERESTS Noncontrolling Interest in PBF Holding (Details) - USD ($) $ in Millions	Dec. 31, 2020	Dec. 31, 2019	Apr. 29, 2019	Dec. 31, 2018	Jul. 31, 2018	Jul. 30, 2018	Dec. 31, 2017
Noncontrolling Interest [Line Items]
Limited Partners' Capital Account, Ownership Percentage	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Collins Pipeline Company And T&M Terminal Company [Member]
Noncontrolling Interest [Line Items]
Limited Partners' Capital Account, Ownership Percentage	80.00%
Noncontrolling Interest in Limited Partnerships	$ 0.3	$ 0.3

NONCONTROLLING INTERESTS Change

NONCONTROLLING INTERESTS Changes in Equity and Noncontrolling Interest (Details) - USD ($) $ in Millions	Apr. 24, 2019	Aug. 14, 2018	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward]
Beginning balance			$ 3,585.5	$ 3,248.5	$ 2,902.9
Comprehensive income (loss) attributable to PBF Energy Inc. stockholders			1,393.2	(333.5)	(131.3)
Less: comprehensive income attributable to noncontrolling interests			59.1	55.9	47
Comprehensive income			(1,334.1)	389.4	178.3
Dividends and Distributions			(83.1)	(211.1)	(190.9)
Record deferred tax assets and liabilities and tax receivable agreement obligation			(2.1)	(1.3)	(4.9)
Noncontrolling Interest				132.5	34.9
Adjustments to Additional Paid in Capital, Share-based Compensation and Exercise of Stock Options			33.1	34	25.4
Stock issued during period	$ 135				287.3
Exchange of PBF Energy Company LLC Series A Units for Class A common stock			0	0	0
Stock Issued During Period, Value, Stock Options Exercised			(0.2)	(0.3)	(14)
Taxes paid for net settlement of equity-based compensation			(2.1)	(4.8)	(5.4)
Stockholders' Equity, Other			4.9	(2)	6.9
Ending balance			2,202.3	3,585.5	3,248.5
Stock issued during period (in shares)	6,585,500	6,000,000
Net proceeds from issuance of PBF Energy Class A common stock		$ 287.3	0	0	287.3
Parent [Member]
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward]
Beginning balance			3,039.6	2,676.5	2,336.6
Comprehensive income (loss) attributable to PBF Energy Inc. stockholders			1,393.2	(333.5)	(131.3)
Comprehensive income			(1,393.2)	333.5	131.3
Dividends and Distributions			(35.9)	(143.8)	(139.3)
Record deferred tax assets and liabilities and tax receivable agreement obligation			(2.1)	(1.3)	(4.9)
Noncontrolling Interest				152	28.6
Adjustments to Additional Paid in Capital, Share-based Compensation and Exercise of Stock Options			28.2	27.2	19.7
Stock issued during period					287.3
Exchange of PBF Energy Company LLC Series A Units for Class A common stock			2.3
Stock Issued During Period, Value, Stock Options Exercised			(0.2)	(0.3)	(14)
Taxes paid for net settlement of equity-based compensation			(1.2)	(4.6)	(4.8)
Stockholders' Equity, Other			4.9	(0.2)	8
Ending balance			1,642.8	3,039.6	2,676.5
Noncontrolling Interest - PBF LLC [Member]
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward]
Beginning balance			113.2	112.2	110.2
Less: comprehensive income attributable to noncontrolling interests			(17.1)	4.4	4.7
Dividends and Distributions			(0.4)	(3.2)	(2.1)
Record deferred tax assets and liabilities and tax receivable agreement obligation			0	0	0
Noncontrolling Interest				0	0
Adjustments to Additional Paid in Capital, Share-based Compensation and Exercise of Stock Options			0	0	0
Stock issued during period					0
Exchange of PBF Energy Company LLC Series A Units for Class A common stock			(2.3)
Stock Issued During Period, Value, Stock Options Exercised			0	0	0
Taxes paid for net settlement of equity-based compensation			0	(0.2)	(0.6)
Stockholders' Equity, Other			0	0	0
Ending balance			93.4	113.2	112.2
Noncontrolling Interest - PBF Holding [Member]
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward]
Beginning balance			10.9	10.9	10.8
Less: comprehensive income attributable to noncontrolling interests			(0.3)	0	0.1
Dividends and Distributions			0	0	0
Record deferred tax assets and liabilities and tax receivable agreement obligation			0	0	0
Noncontrolling Interest				0	0
Adjustments to Additional Paid in Capital, Share-based Compensation and Exercise of Stock Options			0	0	0
Stock issued during period					0
Exchange of PBF Energy Company LLC Series A Units for Class A common stock			0
Stock Issued During Period, Value, Stock Options Exercised			0	0	0
Taxes paid for net settlement of equity-based compensation			0	0	0
Stockholders' Equity, Other			0	0	0
Ending balance			10.6	10.9	10.9
Noncontrolling interest - PBF Logistics LP [Member]
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward]
Beginning balance			421.8	448.9	445.3
Less: comprehensive income attributable to noncontrolling interests			76.5	51.5	42.2
Dividends and Distributions			(46.8)	(64.1)	(49.5)
Record deferred tax assets and liabilities and tax receivable agreement obligation			0	0	0
Noncontrolling Interest				(19.5)	6.3
Adjustments to Additional Paid in Capital, Share-based Compensation and Exercise of Stock Options			4.9	6.8	5.7
Stock issued during period					0
Exchange of PBF Energy Company LLC Series A Units for Class A common stock			0
Stock Issued During Period, Value, Stock Options Exercised			0	0	0
Taxes paid for net settlement of equity-based compensation			(0.9)	0	0
Stockholders' Equity, Other			0	(1.8)	(1.1)
Ending balance			455.5	421.8	448.9
PBF LLC [Member]
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward]
Beginning balance			3,609.1	3,219.4	2,878.5
Comprehensive income (loss) attributable to PBF Energy Inc. stockholders			1,792.9	(442.7)	(140.8)
Less: comprehensive income attributable to noncontrolling interests			76.2	51.5	42.3
Comprehensive income			(1,716.7)	494.2	183.1
Dividends and Distributions			(83.1)	(264.5)	(190.9)
Noncontrolling Interest				132.5	34.9
Adjustments to Additional Paid in Capital, Share-based Compensation and Exercise of Stock Options			33.1	34	25.4
Stock issued during period					287.3
Exchange of PBF Energy Company LLC Series A Units for Class A common stock			0	0	0
Stock Issued During Period, Value, Stock Options Exercised			(1.3)	(4.7)	(8.5)
Stockholders' Equity, Other			(1)	(1.8)	9.6
Ending balance			1,840.1	3,609.1	3,219.4
Net proceeds from issuance of PBF Energy Class A common stock			0	0	287.3
PBF LLC [Member] \| Parent [Member]
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward]
Beginning balance			3,176.4	2,759.6	2,422.4
Comprehensive income (loss) attributable to PBF Energy Inc. stockholders			1,792.9	(442.7)	(140.8)
Comprehensive income			(1,792.9)	442.7	140.8
Dividends and Distributions			(36.3)	(200.4)	(141.4)
Noncontrolling Interest				152	28.6
Adjustments to Additional Paid in Capital, Share-based Compensation and Exercise of Stock Options			28.2	27.2	19.7
Stock issued during period					287.3
Stock Issued During Period, Value, Stock Options Exercised			(1.3)	(4.7)	(8.5)
Stockholders' Equity, Other			(0.1)	0	10.7
Ending balance			1,374	3,176.4	2,759.6
PBF LLC [Member] \| Noncontrolling Interest - PBF Holding [Member]
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward]
Beginning balance			10.9	10.9	10.8
Less: comprehensive income attributable to noncontrolling interests			(0.3)	0	0.1
Dividends and Distributions			0		0
Noncontrolling Interest				0	0
Adjustments to Additional Paid in Capital, Share-based Compensation and Exercise of Stock Options			0	0	0
Stock issued during period					0
Stock Issued During Period, Value, Stock Options Exercised			0	0	0
Stockholders' Equity, Other			0	0	0
Ending balance			10.6	10.9	10.9
PBF LLC [Member] \| Noncontrolling interest - PBF Logistics LP [Member]
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward]
Beginning balance			421.8	448.9	445.3
Less: comprehensive income attributable to noncontrolling interests			76.5	51.5	42.2
Dividends and Distributions			(46.8)	(64.1)	(49.5)
Noncontrolling Interest				(19.5)	6.3
Adjustments to Additional Paid in Capital, Share-based Compensation and Exercise of Stock Options			4.9	6.8	5.7
Stock issued during period					0
Stock Issued During Period, Value, Stock Options Exercised			0	0	0
Stockholders' Equity, Other			(0.9)	(1.8)	(1.1)
Ending balance			$ 455.5	$ 421.8	$ 448.9

NONCONTROLLING INTERESTS Other

NONCONTROLLING INTERESTS Other Comprehensive Income (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Accumulated Other Comprehensive Income (Loss) [Line Items]
Net income (loss)	$ (1,333.3)	$ 375.2	$ 175.3
Unrealized (loss) gain on available for sale securities	(0.1)	0.4	(0.1)
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, after Tax	(0.7)	13.8	3.1
Other Comprehensive Income (Loss), Net of Tax	(0.8)	14.2	3
Comprehensive income	(1,334.1)	389.4	178.3
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent	(1,334.1)	389.4	178.3
Parent [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Net income (loss)	(1,392.4)	319.4	128.3
Unrealized (loss) gain on available for sale securities	(0.1)		(0.1)
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, after Tax	(0.7)	13.7	3.1
Other Comprehensive Income (Loss), Net of Tax	(0.8)	14.1	3
Comprehensive income	(1,393.2)	333.5	131.3
Noncontrolling Interest [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Net income (loss)	59.1	55.8	47
Unrealized (loss) gain on available for sale securities	0	0	0
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, after Tax	0	0.1	0
Other Comprehensive Income (Loss), Net of Tax	0	0.1	0
Comprehensive income	59.1	55.9	47
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Noncontrolling Interest	59.1	55.9	47
PBF LLC [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Net income (loss)	(1,720.3)	480	180.1
Unrealized (loss) gain on available for sale securities	(0.1)	0.4	(0.1)
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, after Tax	3.7	13.8	3.1
Other Comprehensive Income (Loss), Net of Tax	3.6	14.2	3
Comprehensive income	(1,716.7)	494.2	183.1
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent	(1,716.7)	494.2	183.1
PBF LLC [Member] \| Parent [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Net income (loss)	(1,796.5)	428.5	137.8
Unrealized (loss) gain on available for sale securities	(0.1)	0.4	(0.1)
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, after Tax	3.7	13.8	3.1
Other Comprehensive Income (Loss), Net of Tax	3.6	14.2	3
Comprehensive income	(1,792.9)	442.7	140.8
PBF LLC [Member] \| Noncontrolling Interest [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Net income (loss)	76.2	51.5	42.3
Unrealized (loss) gain on available for sale securities	0	0	0
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, after Tax	0	0	0
Other Comprehensive Income (Loss), Net of Tax	0	0	0
Comprehensive income	76.2	51.5	42.3
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Noncontrolling Interest	$ 76.2	$ 51.5	$ 42.3

STOCK-BASED COMPENSATION (Share

STOCK-BASED COMPENSATION (Share-Based Compensation Expense) (Details) - General and Administrative Expense [Member] - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Allocated share-based compensation expense	$ 34.2	$ 37.3	$ 26
PBF Logistics LP [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Allocated share-based compensation expense	4.9	6.8	5.8
Performance Shares [Member] \| PBF Energy [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Allocated share-based compensation expense	7.9	8.2	1.2
Employee Stock Option [Member] \| PBF Energy [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Allocated share-based compensation expense	16.1	15.8	11.5
Restricted Stock [Member] \| PBF Energy [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Allocated share-based compensation expense	$ 5.3	$ 6.5	$ 7.5

STOCK-BASED COMPENSATION (Weigh

STOCK-BASED COMPENSATION (Weighted Average Assumptions) (Details) - PBF Energy [Member] - $ / shares	2 Months Ended	10 Months Ended	12 Months Ended
	Dec. 31, 2020	Oct. 31, 2020	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected life (in years)			6 years 29 days	6 years 3 months	6 years 3 months
Expected volatility			69.10%	38.60%	35.80%
Dividend yield			1.41%	3.54%	3.49%
Risk-free rate of return			0.81%	2.16%	2.82%
Exercise price (in dollars per share)	$ 13.58		$ 13.58	$ 34.11	$ 35.25
Weighted average fair value per unit (in dollars per share)			$ 5.49	$ 9.43	$ 9.55
Vesting period	3 years	4 years
Performance share units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected life (in years)					2 years 2 months 1 day
Expected volatility					39.04%
Dividend yield					2.95%
Risk-free rate of return					2.89%
Maximum [Member] \| Performance share units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected life (in years)			3 years 1 month 20 days	2 years 10 months 17 days
Expected volatility			82.63%	41.70%
Dividend yield			4.28%	3.67%
Risk-free rate of return			1.34%	2.51%
Minimum [Member] \| Performance share units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected life (in years)			2 years 10 months 20 days	2 years 2 months 1 day
Expected volatility			39.88%	37.19%
Dividend yield			0.00%	3.40%
Risk-free rate of return			0.26%	1.66%

STOCK-BASED COMPENSATION (Sha_2

STOCK-BASED COMPENSATION (Share-Based Compensation Activity) (Details) - USD ($) $ / shares in Units, $ in Millions		12 Months Ended
		Dec. 31, 2020		Dec. 31, 2019	Dec. 31, 2018
Weighted Average Remaining Contractual Life [Abstract]
Total estimated fair value, granted in period		$ 4.2		$ 11.6	$ 13
Performance Units [Member] \| PBF Energy [Member]
Options Activity
Options, beginning balance (in shares)		15,100,000
Granted (in shares)		8,500,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested, Number of Shares	[1]	(7,300,000)
Forfeited (in shares)		(200,000)
Options, ending balance (in shares)		16,100,000		15,100,000
Weighted Average Remaining Contractual Life [Abstract]
Total estimated fair value, granted in period		$ 3.2
Performance share units [Member] \| PBF Energy [Member]
Options Activity
Options, beginning balance (in shares)		360,797
Granted (in shares)		446,267
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested, Number of Shares		(179,072)	[2]	50.23
Forfeited (in shares)		(4,832)
Options, ending balance (in shares)		623,160		360,797
Weighted Average Exercise Price
Weighted average exercise price, beginning balance (in dollars per share)		$ 39.03
Granted (in dollars per share)		10.77		$ 27.99	$ 50.23
Forfeited (in dollars per share)		33.01
Weighted average exercise price, ending balance (in dollars per share)		$ 15.62		$ 39.03
Weighted Average Remaining Contractual Life [Abstract]
Total estimated fair value, granted in period		$ 0.8
Restricted Stock [Member] \| PBF Energy [Member]
Options Activity
Options, beginning balance (in shares)		492,225
Granted (in shares)		159,377
Exercised (in shares)		(347,855)
Forfeited (in shares)		(192)
Options, ending balance (in shares)		303,555		492,225
Weighted Average Exercise Price
Weighted average exercise price, beginning balance (in dollars per share)		$ 27.21
Granted (in dollars per share)		9.82		$ 28.20	$ 47.24
Exercised (in dollars per share)		23.51
Forfeited (in dollars per share)		24.18
Weighted average exercise price, ending balance (in dollars per share)		$ 22.32		$ 27.21
Employee Stock Option [Member] \| PBF Energy [Member]
Options Activity
Options, beginning balance (in shares)		10,073,916
Granted (in shares)		3,947,726
Exercised (in shares)		(7,500)
Forfeited (in shares)		(223,365)
Options, ending balance (in shares)		13,790,777		10,073,916
Options exercisable and vested (in shares)		7,124,039
Options expected to vest (in shares)		13,790,777
Weighted Average Exercise Price
Weighted average exercise price, beginning balance (in dollars per share)		$ 30.47
Granted (in dollars per share)		13.58
Exercised (in dollars per share)		26
Forfeited (in dollars per share)		26.96
Weighted average exercise price, ending balance (in dollars per share)		25.69		$ 30.47
Weighted average exercise price, exercisable and vested (in dollars per share)		29.12
Weighted average exercise price, expected to vest (in dollars per share)		$ 25.69
Weighted Average Remaining Contractual Life [Abstract]
Weighted average remaining contractual term, outstanding (in years)		7 years 1 month 13 days		7 years 2 months 1 day
Weighted average remaining contractual term, granted (in years)		10 years
Weighted average remaining contractual term, exercisable and vested (in years)		5 years 5 months 26 days
Weighted average remaining contractual term, expected to vest (in years)		7 years 1 month 13 days

[1]	(a) In 2020, Performance Units with fair value of $3.2 million were vested.
[2]	(a) In 2020, PSU’s with fair value of $0.8 million were vested.

STOCK-BASED COMPENSATION (Summa

STOCK-BASED COMPENSATION (Summary of Unit Activity) (Details)	12 Months Ended
	Dec. 31, 2020$ / sharesshares
Performance share units [Member] \| PBF Energy [Member]
Weighted Average Grant Date Fair Value
Forfeited (in dollars per share)	$ 33.01
Phantom Share Units (PSUs) [Member]
Non-Vested Units
Units, beginning balance (in shares) \| shares	761,840
Granted (in shares) \| shares	342,482
Vested (in shares) \| shares	(325,384)
Forfeited (in shares) \| shares	(9,250)
Units, ending balance (in shares) \| shares	769,688
Weighted Average Grant Date Fair Value
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value, Beginning Balance	$ 20.77
Granted (in dollars per share)	8.14
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Intrinsic Value, Amount Per Share (in dollars per share)	20.63
Forfeited (in dollars per share)	13.34
Weighted average grant date fair value, ending balance (in dollars per share)	$ 15.29

STOCK-BASED COMPENSATION (Addit

STOCK-BASED COMPENSATION (Additional Information) (Details) - USD ($)	2 Months Ended	10 Months Ended	12 Months Ended
	Dec. 31, 2020	Oct. 31, 2020	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Phantom Share Units (PSUs) [Member] \| Long-Term Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested, Number of Shares			$ 8.14	$ 21.39	$ 19.95
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Fair Value			$ 3,200,000	$ 6,200,000	$ 4,700,000
PBF Energy [Member] \| Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expiration period			10 years
Vesting period	3 years	4 years
Total intrinsic value of stock options outstanding	$ 1,000,000		$ 1,000,000
Total intrinsic value of stock options exercisable	0		0
Total intrinsic value of stock options exercised during period			0	$ 300,000	$ 12,400,000
Unrecognized compensation expense	38,500,000		$ 38,500,000
Weighted average fair value per unit (in dollars per share)			$ 5.49	$ 9.43	$ 9.55
PBF Energy [Member] \| Performance share units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation expense	6,300,000		$ 6,300,000
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition			2 years 2 months 12 days
PBF Energy [Member] \| Performance Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation expense	4,800,000		$ 4,800,000
Share-based compensation, Performance Unit, Payout	1		$ 1
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition			2 years 5 months 19 days
PBF Energy [Member] \| Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period			4 years
Unrecognized compensation expense	1,500,000		$ 1,500,000
PBF Energy [Member] \| Performance Share Units And Performance Share Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period			3 years
PBFX [Member] \| Phantom Share Units (PSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period			4 years
Unrecognized compensation expense	5,200,000		$ 5,200,000
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Fair Value	11,800,000		11,800,000
Minimum [Member] \| PBF Energy [Member] \| Performance Share Units And Performance Share Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation, Performance Unit, Payout	0		0
Maximum [Member] \| PBF Energy [Member] \| Performance Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation, Performance Unit, Payout	2		2
Maximum [Member] \| PBF Energy [Member] \| Performance Share Units And Performance Share Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation, Performance Unit, Payout	$ 2		$ 2

EMPLOYEE BENEFIT PLANS (Changes

EMPLOYEE BENEFIT PLANS (Changes in Benefit Obligations, Fair Value of Plan Assets, and Funded Status of Plan) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2020	Dec. 31, 2019
Pension Benefits [Member]
Change in benefit obligation:
Benefit obligation at beginning of year	$ 271.2	$ 218.4
Service cost	59	43.6	$ 47.4
Interest cost	6.9	8.3	5.8
Plan Amendments	0	0
Benefit payments	(18)	(9)
Actuarial loss (gain)	10.2	9.9
Projected benefit obligation at end of year	329.3	271.2	218.4
Change in plan assets:
Fair value of plan assets at beginning of year	197.4	143.4
Actual return on plan assets	28.6	29
Benefits paid	(18)	(9)
Employer contributions	47.8	34
Fair value of plan assets at end of year	255.8	197.4	143.4
Reconciliation of funded status:
Fair value of plan assets at end of year	197.4	197.4	143.4	$ 255.8	$ 197.4
Less benefit obligation at end of year	329.3	218.4	218.4	329.3	271.2
Funded status at end of year				(73.5)	(73.8)
Post Retirement Medical Plan [Member]
Change in benefit obligation:
Benefit obligation at beginning of year	17.5	19.3
Service cost	1	1	1.1
Interest cost	0.4	0.7	0.7
Plan Amendments	1.8	0
Benefit payments	(0.6)	(1.3)
Actuarial loss (gain)	1.9	(2.2)
Projected benefit obligation at end of year	22	17.5	19.3
Change in plan assets:
Fair value of plan assets at beginning of year	0	0
Actual return on plan assets	0	0
Benefits paid	(0.6)	(1.3)
Employer contributions	0.6	1.3
Fair value of plan assets at end of year	0	0	0
Reconciliation of funded status:
Fair value of plan assets at end of year	0	0	0	0	0
Less benefit obligation at end of year	$ 17.5	$ 17.5	$ 19.3	22	17.5
Funded status at end of year				$ (22)	$ (17.5)

EMPLOYEE BENEFIT PLANS (Expecte

EMPLOYEE BENEFIT PLANS (Expected Benefit Payments) (Details) $ in Millions	Dec. 31, 2020USD ($)
Pension Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
2021	$ 35.4
2022	20.4
2023	17.8
2024	20.4
2025	23.5
Years 2026-2030	156.2
Post Retirement Medical Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
2021	2.1
2022	2
2023	1.9
2024	1.7
2025	1.7
Years 2026-2030	$ 7.8

EMPLOYEE BENEFIT PLANS (Net Per

EMPLOYEE BENEFIT PLANS (Net Periodic Benefit Cost) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Pension Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 59	$ 43.6	$ 47.4
Interest cost	6.9	8.3	5.8
Expected return on plan assets	(12.5)	(9.6)	(8.5)
Amortization of prior service cost and actuarial loss	0.3	0.3	0.2
Net periodic benefit cost	53.7	42.6	44.9
Post Retirement Medical Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost	1	1	1.1
Interest cost	0.4	0.7	0.7
Expected return on plan assets	0	0	0
Amortization of prior service cost and actuarial loss	0.6	0.5	0.7
Net periodic benefit cost	$ 2	$ 2.2	$ 2.5

EMPLOYEE BENEFIT PLANS (Pre-tax

EMPLOYEE BENEFIT PLANS (Pre-tax Amounts Recognized in Other Comprehensive Income (Loss)) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Pension Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Prior service costs	$ 0	$ 0	$ 0
Net actuarial (gain) loss	(5.9)	(10.7)	1.9
Amortization of losses and prior service cost	(0.3)	(0.3)	(0.8)
Total changes in other comprehensive (income) loss	(6.2)	(11)	1.1
Post Retirement Medical Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Prior service costs	1.8	0	0
Net actuarial (gain) loss	1.9	(2.3)	(3.4)
Amortization of losses and prior service cost	(0.6)	(0.5)	(0.7)
Total changes in other comprehensive (income) loss	$ 3.1	$ (2.8)	$ (4.1)

EMPLOYEE BENEFIT PLANS (Pre-t_2

EMPLOYEE BENEFIT PLANS (Pre-tax Amounts in AOCI Not Yet Recognized as Components of Net Periodic Costs) (Details) - USD ($) $ in Millions	Dec. 31, 2020	Dec. 31, 2019
Pension Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Prior service costs	$ (0.6)	$ (0.7)
Net actuarial (loss) gain	(8.4)	(14.5)
Total	(9)	(15.2)
Post Retirement Medical Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Prior service costs	(5)	(4)
Net actuarial (loss) gain	3.9	6.1
Total	$ (1.1)	$ 2.1

EMPLOYEE BENEFIT PLANS (Assumpt

EMPLOYEE BENEFIT PLANS (Assumptions Used) (Details)	12 Months Ended
EMPLOYEE BENEFIT PLANS (Assumptions Used) (Details)	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Pension Benefits [Member]
Weighted Average Assumptions Used to Determine Benefit Obligations
Discount rate	2.36%	3.21%
Rate of compensation increase	4.28%	4.28%
Weighted Average Assumptions Used to Determine Net Periodic Benefit Costs
Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Weighted-Average Interest Crediting Rate	2.19%	3.34%	2.88%
Expected long-term rate of return on plan assets	5.75%	6.00%	6.25%
Rate of compensation increase	4.28%	4.55%	4.53%
Supplemental Employee Retirement Plan [Member]
Weighted Average Assumptions Used to Determine Benefit Obligations
Discount rate	2.21%	3.09%
Rate of compensation increase	4.50%	4.50%
Weighted Average Assumptions Used to Determine Net Periodic Benefit Costs
Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Weighted-Average Interest Crediting Rate	2.19%	3.34%	2.88%
Rate of compensation increase	4.50%	5.00%	5.00%
Post Retirement Medical Plan [Member]
Weighted Average Assumptions Used to Determine Benefit Obligations
Discount rate	1.90%	2.88%
Rate of compensation increase	0.00%	0.00%
Service Cost [Member] \| Pension Benefits [Member]
Weighted Average Assumptions Used to Determine Net Periodic Benefit Costs
Discount rate	2.94%	4.24%	3.62%
Service Cost [Member] \| Supplemental Employee Retirement Plan [Member]
Weighted Average Assumptions Used to Determine Net Periodic Benefit Costs
Discount rate	2.79%	4.19%	3.58%
Service Cost [Member] \| Post Retirement Medical Plan [Member]
Weighted Average Assumptions Used to Determine Net Periodic Benefit Costs
Discount rate	2.86%	4.21%	3.59%
Effective rate for interest cost [Member] \| Pension Benefits [Member]
Weighted Average Assumptions Used to Determine Net Periodic Benefit Costs
Discount rate	2.50%	3.92%	3.21%
Effective rate for interest cost [Member] \| Supplemental Employee Retirement Plan [Member]
Weighted Average Assumptions Used to Determine Net Periodic Benefit Costs
Discount rate	2.33%	3.83%	3.15%
Effective rate for interest cost [Member] \| Post Retirement Medical Plan [Member]
Weighted Average Assumptions Used to Determine Net Periodic Benefit Costs
Discount rate	2.21%	3.69%	2.97%
Effective rate for interest on service cost [Member] \| Pension Benefits [Member]
Weighted Average Assumptions Used to Determine Net Periodic Benefit Costs
Discount rate	2.59%	4.00%	3.32%
Effective rate for interest on service cost [Member] \| Supplemental Employee Retirement Plan [Member]
Weighted Average Assumptions Used to Determine Net Periodic Benefit Costs
Discount rate	2.42%	3.90%	3.24%
Effective rate for interest on service cost [Member] \| Post Retirement Medical Plan [Member]
Weighted Average Assumptions Used to Determine Net Periodic Benefit Costs
Discount rate	2.68%	4.09%	3.46%

EMPLOYEE BENEFIT PLANS (Assumed

EMPLOYEE BENEFIT PLANS (Assumed Health Care Cost Trend Rates) (Details) - Post Retirement Medical Plan [Member]	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Defined Benefit Plan Disclosure [Line Items]
Health care cost trend rate assumed for next year	5.40%	5.70%
Rate to which the cost trend rate was assumed to decline (the ultimate trend rate)	4.50%	4.50%
Year that the rate reached the ultimate trend rate	2038	2038

EMPLOYEE BENEFIT PLANS (Fair Va

EMPLOYEE BENEFIT PLANS (Fair Value of Assets of the Company's Qualified Plan) (Details) - Pension Benefits [Member] - USD ($) $ in Millions	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets at beginning of year	$ 255.8	$ 197.4	$ 143.4
Level 1 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets at beginning of year	255.8	197.4
Level 1 [Member] \| Domestic Equities [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets at beginning of year	64.4	47.8
Level 1 [Member] \| Developed International Equities [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets at beginning of year	38.2	29.5
Level 1 [Member] \| Emerging Market Equities [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets at beginning of year	20.7	14.9
Level 1 [Member] \| Global Low Volatility Equities [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets at beginning of year	22.5	16.9
Level 1 [Member] \| Fixed-Income [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets at beginning of year	95.7	74.9
Level 1 [Member] \| Real Estate [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets at beginning of year	13.3	8.3
Level 1 [Member] \| Cash and Cash Equivalents [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets at beginning of year	$ 1	$ 5.1

EMPLOYEE BENEFIT PLANS (Additio

EMPLOYEE BENEFIT PLANS (Additional Information) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Defined Benefit Plan Disclosure [Line Items]
Maximum age to receive health care coverage	65 years
Accumulated benefit obligation	$ 281.5	$ 228
Pension Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Required service period for employee participation	30 days
Basic contributions as a percentage of annual salary	50.00%
Company matching contribution, percent of match	200.00%
Company matching contribution, percent of employees' annual pay	3.00%
Contribution to the qualified defined contribution plans	$ 32.7	$ 27.5	$ 26.3
Estimated future contributions in 2019	$ 55.3
Pension Benefits [Member] \| Equity Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan asset allocations	54.00%
Pension Benefits [Member] \| Fixed Income Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan asset allocations	40.00%
Pension Benefits [Member] \| Real Estate [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan asset allocations	6.00%

REVENUES (Details)

REVENUES (Details) - USD ($) $ in Millions	12 Months Ended
REVENUES (Details) - USD ($) $ in Millions	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Product Information [Line Items]
Revenues	$ 15,115.9	$ 24,508.2	$ 27,186.1
Deferred revenue	47.2	20.1
Intersegment Eliminations [Member]
Product Information [Line Items]
Revenues	(289.4)	(300.9)	(259.4)
Refining Group [Member]
Product Information [Line Items]
Revenues	15,045	24,468.9	27,162.1
Refining Group [Member] \| Gasoline and Distillates [Member]
Product Information [Line Items]
Revenues	12,799.4	21,278.4	23,032.6
Refining Group [Member] \| Chemicals [Member]
Product Information [Line Items]
Revenues	351.5	682.3	842.8
Refining Group [Member] \| Lubricants [Member]
Product Information [Line Items]
Revenues	180.7	274.9	321.5
Refining Group [Member] \| Asphalt and Residual Oils [Member]
Product Information [Line Items]
Revenues	777.9	1,426.4	1,592.9
Refining Group [Member] \| Other [Member]
Product Information [Line Items]
Revenues	935.5	806.9	1,372.3
Logistics Group [Member]
Product Information [Line Items]
Revenues	360.3	340.2	283.4
Prior to elimination [Member]
Product Information [Line Items]
Revenues	$ 15,405.3	$ 24,809.1	$ 27,445.5

INCOME TAXES (Components of Inc

INCOME TAXES (Components of Income Tax) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Class of Stock [Line Items]
Deferred Tax Assets, Valuation Allowance	$ 358.4	$ 0
Current expense (benefit):
Federal	(1.7)	0.2	$ 0.8
Foreign	0	0.1	0
State	2.2	0.3	0
Current Income Tax Expense (Benefit)	0.5	0.6	0.8
Deferred expense (benefit):
Federal	(6.6)	91.8	18.7
Foreign	5.4	(8.7)	7.2
State	2.8	20.6	6.8
Total deferred	1.6	103.7	32.7
Total provision for income taxes	2.1	104.3	33.5
Operating Loss Carryforwards	2,313
PBF LLC [Member]
Current expense (benefit):
Current Income Tax Expense (Benefit)	(1.2)	0.5	0.8
Deferred expense (benefit):
Total deferred	7.3	(8.8)	7.2
Total provision for income taxes	$ 6.1	$ (8.3)	$ 8

INCOME TAXES (Effective Income

INCOME TAXES (Effective Income Tax Rate Reconciliation) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Income Tax Disclosure [Abstract]
Provision at Federal statutory rate	21.00%	21.00%	21.00%
State income taxes (net of federal income tax)	5.60%	3.90%	5.00%
Nondeductible/nontaxable items	(0.10%)	0.10%	1.00%
Rate differential from foreign jurisdictions	0.00%	(0.20%)	0.90%
Provision to return adjustment	(0.10%)	(0.10%)	(4.00%)
Adjustment to deferred tax assets and liabilities for change in tax rates	0.10%	(0.50%)	0.00%
Stock-based compensation	0.00%	0.10%	(2.60%)
Deferred tax asset valuation allowance	(25.80%)	0.00%	0.00%
Other	(0.90%)	0.30%	(0.60%)
Effective tax rate	(0.20%)	24.60%	20.70%
Effective Income Tax Rate Reconciliation, Noncontrolling Interest Income (Loss), Percent	(0.20%)	21.80%	16.00%
Less: net income attributable to noncontrolling interests	$ 59.1	$ 55.8	$ 47

INCOME TAXES (Components of Def

INCOME TAXES (Components of Deferred Tax Assets and Liabilities) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Deferred tax assets
Purchase interest step-up	$ 155.2	$ 278.1
Inventory	146.5	10.5
Pension, employee benefits and compensation	48.5	60.3
Hedging	4.3	3.3
Net operating loss carry forwards	566.9	136.3
Environmental liabilities	100.8	33.6
Lease liabilities	223.4	83.4
Interest expense limitation carry forwards	55.8	31.5
Other	28.4	29.2
Total deferred tax assets	1,329.8	666.2
Valuation allowances	(358.4)	0
Total deferred tax assets, net	971.4	666.2
Deferred tax liabilities
Property, plant and equipment	845.1	678.1
Right of use assets	223.4	83.6
Other	2.5	1.4
Total deferred tax liabilities	1,071	763.1
Net deferred tax liabilities	(99.6)	$ (96.9)
Operating Loss Carryforwards	$ 2,313
Operating Loss Carryforwards, Limitations on Use	80
Internal Revenue Service (IRS) [Member]
Deferred tax liabilities
Operating Loss Carryforwards	$ 1,764.2
State and Local Jurisdiction [Member]
Deferred tax liabilities
Operating Loss Carryforwards	$ 102.6

INCOME TAXES (Income Tax Examin

INCOME TAXES (Income Tax Examinations) (Details)	12 Months Ended
INCOME TAXES (Income Tax Examinations) (Details)	Dec. 31, 2020
Federal [Member]
Income Tax Examination [Line Items]
Income tax years that remain subject to examination	2017
New Jersey [Member]
Income Tax Examination [Line Items]
Income tax years that remain subject to examination	2015
Michigan [Member]
Income Tax Examination [Line Items]
Income tax years that remain subject to examination	2016
Delaware [Member]
Income Tax Examination [Line Items]
Income tax years that remain subject to examination	2017
Indiana [Member]
Income Tax Examination [Line Items]
Income tax years that remain subject to examination	2017
Pennsylvania [Member]
Income Tax Examination [Line Items]
Income tax years that remain subject to examination	2017
New York [Member]
Income Tax Examination [Line Items]
Income tax years that remain subject to examination	2017
Louisiana [Member]
Income Tax Examination [Line Items]
Income tax years that remain subject to examination	2017
California [Member]
Income Tax Examination [Line Items]
Income tax years that remain subject to examination	2016

INCOME TAXES Income by Jurisdic

INCOME TAXES Income by Jurisdiction (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Income Tax [Line Items]
Income (loss) before income taxes	$ (1,331.2)	$ 479.5	$ 208.8
PBF Energy [Member]
Income Tax [Line Items]
Income (Loss) from Continuing Operations before Income Taxes, Domestic	(1,413)	450	134.3
Income (Loss) from Continuing Operations before Income Taxes, Foreign	22.7	(26.3)	27.5
Income (loss) before income taxes	$ (1,390.3)	$ 423.7	$ 161.8

SEGMENT INFORMATION (Details)

SEGMENT INFORMATION (Details)	12 Months Ended
SEGMENT INFORMATION (Details)	Dec. 31, 2020reportable_segmentsegment
Segment Reporting Information [Line Items]
Number Of Reporting Segments \| reportable_segment	2
Number of Operating Segments \| segment	2

SEGMENT INFORMATION Schedule of

SEGMENT INFORMATION Schedule of Segment Reporting (Details) - USD ($)		Oct. 01, 2018	Apr. 16, 2018	Mar. 31, 2020	May 30, 2019	Dec. 31, 2020		Dec. 31, 2019		Dec. 31, 2018		Dec. 31, 2020	Aug. 31, 2016
Segment Reporting Information [Line Items]
Revenues						$ 15,115,900,000		$ 24,508,200,000		$ 27,186,100,000
Cost, Depreciation, Amortization and Depletion						563,000,000		436,100,000		369,700,000
Income (loss) from operations						(1,416,800,000)		649,000,000	[1],[2]	358,100,000	[2]
Interest and Debt Expense						258,200,000		159,600,000		169,900,000
Capital Expenditures						1,569,600,000	[3]	748,900,000		733,900,000	[4]
Total assets	[1]					10,499,800,000		9,132,400,000				$ 10,499,800,000
Intersegment Eliminations [Member]
Segment Reporting Information [Line Items]
Revenues						(289,400,000)		(300,900,000)		(259,400,000)
Cost, Depreciation, Amortization and Depletion						0		0		0
Income (loss) from operations						0		(7,900,000)	[1],[2]	(17,800,000)	[2]
Interest and Debt Expense						0		0		0
Capital Expenditures						0	[3]	0		0	[4]
Total assets	[1]					(53,200,000)		(48,100,000)				(53,200,000)
Refining Group [Member]
Segment Reporting Information [Line Items]
Revenues						15,045,000,000		24,468,900,000		27,162,100,000
Cost, Depreciation, Amortization and Depletion						498,000,000		386,700,000		329,300,000
Income (loss) from operations						(1,450,400,000)		767,900,000	[1],[2]	498,200,000	[2]
Interest and Debt Expense						1,700,000		1,300,000		7,600,000
Capital Expenditures						1,546,600,000	[3]	708,900,000		552,000,000	[4]
Total assets	[1]					9,565,000,000		8,154,800,000				9,565,000,000
Logistics Group [Member]
Segment Reporting Information [Line Items]
Revenues						360,300,000		340,200,000		283,400,000
Cost, Depreciation, Amortization and Depletion						53,700,000		38,600,000		29,800,000
Income (loss) from operations						195,300,000		159,300,000	[1],[2]	143,900,000	[2]
Interest and Debt Expense						47,900,000		51,100,000		43,000,000
Capital Expenditures						12,300,000	[3]	31,700,000		175,700,000	[4]
Total assets	[1]					933,600,000		973,000,000				933,600,000
Corporate Segment [Member]
Segment Reporting Information [Line Items]
Revenues						0		0		0
Cost, Depreciation, Amortization and Depletion						11,300,000		10,800,000		10,600,000
Income (loss) from operations						(161,700,000)		(270,300,000)	[1],[2]	(266,200,000)	[2]
Interest and Debt Expense						208,600,000		107,200,000		119,300,000
Capital Expenditures						10,700,000	[3]	8,300,000		6,200,000	[4]
Total assets	[1]					54,400,000		52,700,000				54,400,000
Knoxville Terminals [Member] \| Logistics Group [Member]
Segment Reporting Information [Line Items]
Capital Expenditures			$ 58,400,000
East Coast Storage Assets Acquisition [Member] \| Logistics Group [Member]
Segment Reporting Information [Line Items]
Capital Expenditures		$ 75,000,000
Martinez Acquisition \| Refining Group [Member]
Segment Reporting Information [Line Items]
Capital Expenditures			$ 1,176,200,000
Torrance Valley Pipeline Company LLC [Member]
Segment Reporting Information [Line Items]
Subsidiary, Consolidation Percentage													100.00%
PBF LLC [Member]
Segment Reporting Information [Line Items]
Revenues						15,115,900,000		24,508,200,000		27,186,100,000
Cost, Depreciation, Amortization and Depletion						563,000,000		436,100,000		369,700,000
Income (loss) from operations						(1,416,000,000)		650,700,000	[1],[2]	359,900,000	[2]
Interest and Debt Expense						268,500,000		169,100,000		178,500,000
Capital Expenditures						1,569,600,000	[3]	748,900,000		733,900,000	[4]
Total assets	[1]					10,497,700,000		9,129,100,000				10,497,700,000
PBF LLC [Member] \| Intersegment Eliminations [Member]
Segment Reporting Information [Line Items]
Revenues						(289,400,000)		(300,900,000)		(259,400,000)
Cost, Depreciation, Amortization and Depletion						0		0		0
Income (loss) from operations						0		(7,900,000)	[1],[2]	(17,800,000)	[2]
Interest and Debt Expense						0		0		0
Capital Expenditures						0	[3]	0		0	[4]
Total assets	[1]					(53,200,000)		(48,100,000)				(53,200,000)
PBF LLC [Member] \| Refining Group [Member]
Segment Reporting Information [Line Items]
Revenues						15,045,000,000		24,468,900,000		27,162,100,000
Cost, Depreciation, Amortization and Depletion						498,000,000		386,700,000		329,300,000
Income (loss) from operations						(1,450,400,000)		767,900,000	[1],[2]	498,200,000	[2]
Interest and Debt Expense						1,700,000		1,300,000		7,600,000
Capital Expenditures						1,546,600,000	[3]	708,900,000		552,000,000	[4]
Total assets	[1]					9,565,000,000		8,154,800,000				9,565,000,000
PBF LLC [Member] \| Logistics Group [Member]
Segment Reporting Information [Line Items]
Revenues						360,300,000		340,200,000		283,400,000
Cost, Depreciation, Amortization and Depletion						53,700,000		38,600,000		29,800,000
Income (loss) from operations						195,300,000		159,300,000	[1],[2]	143,900,000	[2]
Interest and Debt Expense						47,900,000		51,100,000		43,000,000
Capital Expenditures						12,300,000	[3]	31,700,000		175,700,000	[4]
Total assets	[1]					933,600,000		973,000,000				933,600,000
PBF LLC [Member] \| Corporate Segment [Member]
Segment Reporting Information [Line Items]
Revenues						0		0		0
Cost, Depreciation, Amortization and Depletion						11,300,000		10,800,000		10,600,000
Income (loss) from operations						(160,900,000)		(268,600,000)	[1],[2]	(264,400,000)	[2]
Interest and Debt Expense						218,900,000		116,700,000		127,900,000
Capital Expenditures						10,700,000	[3]	8,300,000		$ 6,200,000	[4]
Total assets	[1]					$ 52,300,000		$ 49,400,000				$ 52,300,000
PBFX [Member] \| Torrance Valley Pipeline Company LLC [Member]
Segment Reporting Information [Line Items]
Noncontrolling Interest in Variable Interest Entity													$ 0.50
Torrance Valley Pipeline Company LLC [Member] \| TVP Holding [Member]
Segment Reporting Information [Line Items]
Wholly Owned Subsidiary, Percentage of Ownership				50.00%	50.00%
Torrance Valley Pipeline Company LLC [Member] \| PBF Logistics LP [Member]
Segment Reporting Information [Line Items]
Wholly Owned Subsidiary, Percentage of Ownership												100.00%

[1]	On April 24, 2019, PBFX entered into 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. Prior to the TVPC Acquisition, TVP Holding owned a 50% membership interest in 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 Consolidated Financial Statements, PBF Holding’s equity income in investee and PBFX’s net income attributable to noncontrolling interest eliminate 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.
[4]	The Logistics segment includes capital expenditures of $58.4 million for the PBFX acquisition of the Knoxville Terminals on April 16, 2018 and $75.0 million for the PBFX acquisition of the East Coast Storage Assets on October 1, 2018.

NET INCOME PER SHARE OF PBF E_3

NET INCOME PER SHARE OF PBF ENERGY (Details) - USD ($) $ / shares in Units, $ in Millions		12 Months Ended
		Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Basic Earnings Per Share:
Numerator for basic net income per Class A common share-net income attributable to PBF Energy		$ (1,392.4)	$ 319.4	$ 128.3
Undistributed Earnings (Loss) Allocated to Participating Securities, Basic		0.1	0.5	0.7
Net Income (Loss) Available to Common Stockholders, Basic		$ (1,392.5)	$ 318.9	$ 127.6
Denominator for basic net income per Class A common share-weighted average shares (in shares)	[1]	119,617,998	119,887,646	115,190,262
Basic net income attributable to PBF Energy per Class A common share (in usd per share)		$ (11.64)	$ 2.66	$ 1.11
Diluted Earnings Per Share:
Net Income (Loss) Available to Common Stockholders, Basic		$ (1,392.5)	$ 318.9	$ 127.6
Plus: Net income attributable to noncontrolling interest	[1]	(17.1)	4.3	4.6
Less: Income tax on net income per Class A common share	[1]	4.6	(1)	(1.2)
Numerator for diluted net income per Class A common share	[1]	$ (1,405)	$ 322.2	$ 131
Denominator for basic net income per Class A common share-weighted average shares (in shares)	[1]	119,617,998	119,887,646	115,190,262
Effect of dilutive securities:
Conversion of PBF LLC Series A Units	[1]	1,042,667	1,207,581	1,938,089
Incremental Common Shares Attributable to Dilutive Effect of Call Options and Warrants	[1]	0	758,072	1,645,255
Denominator for diluted net income per common share-adjusted weighted average shares (in shares)		120,660,665	121,853,299	118,773,606
Diluted net income attributable to PBF Energy per Class A common share (in usd per share)		$ (11.64)	$ 2.64	$ 1.10
Effective tax rate		26.60%	24.90%	26.00%
Employee Stock Option [Member]
Effect of dilutive securities:
Antidilutive common stock excluded from computation of dilutive earnings per share (in shares)		14,446,894	6,765,526	1,293,242

[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 26.6%, 24.9% and 26.0% annualized statutory corporate tax rate for the years ended December 31, 2020, 2019 and 2018) attributable to the converted units.

FAIR VALUE MEASUREMENTS (Measur

FAIR VALUE MEASUREMENTS (Measured on Recurring Basis) (Details) - USD ($) $ in Millions	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Fair Value, Measurements, Recurring [Member] \| Commodity contract [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liability, Fair Value, Amount Not Offset Against Collateral	$ 9	$ 33.8
Derivative, Collateral, Right to Reclaim Cash	(6)	(33.8)
Derivative Liability	3	0
Fair Value, Measurements, Recurring [Member] \| Commodity contract [Member] \| Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liability, Fair Value, Amount Not Offset Against Collateral	2.3	32.8
Fair Value, Measurements, Recurring [Member] \| Commodity contract [Member] \| Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liability, Fair Value, Amount Not Offset Against Collateral	6.7	1
Fair Value, Measurements, Recurring [Member] \| Commodity contract [Member] \| Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liability, Fair Value, Amount Not Offset Against Collateral	0	0
Fair Value, Measurements, Recurring [Member] \| Catalyst lease obligations [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative, Collateral, Right to Reclaim Cash	0	0
Obligations, Fair Value Disclosure	102.5	47.6
Fair Value, Measurements, Recurring [Member] \| Catalyst lease obligations [Member] \| Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Obligations, Fair Value Disclosure	0	0
Fair Value, Measurements, Recurring [Member] \| Catalyst lease obligations [Member] \| Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Obligations, Fair Value Disclosure	102.5	47.6
Fair Value, Measurements, Recurring [Member] \| Catalyst lease obligations [Member] \| Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Obligations, Fair Value Disclosure	0	0
Fair Value, Measurements, Recurring [Member] \| Contingent Consideration [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative, Collateral, Right to Reclaim Cash	0	0
Obligations, Fair Value Disclosure	12.1	26.1
Fair Value, Measurements, Recurring [Member] \| Contingent Consideration [Member] \| Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Obligations, Fair Value Disclosure	0	0
Fair Value, Measurements, Recurring [Member] \| Contingent Consideration [Member] \| Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Obligations, Fair Value Disclosure	0	0
Fair Value, Measurements, Recurring [Member] \| Contingent Consideration [Member] \| Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Obligations, Fair Value Disclosure	12.1	26.1
Fair Value, Measurements, Recurring [Member] \| Inventory Intermediation Agreement Obligation [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liability, Fair Value, Amount Not Offset Against Collateral		1.3
Derivative, Collateral, Right to Reclaim Cash		0
Derivative Liability		1.3
Fair Value, Measurements, Recurring [Member] \| Inventory Intermediation Agreement Obligation [Member] \| Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liability, Fair Value, Amount Not Offset Against Collateral		0
Fair Value, Measurements, Recurring [Member] \| Inventory Intermediation Agreement Obligation [Member] \| Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liability, Fair Value, Amount Not Offset Against Collateral		1.3
Fair Value, Measurements, Recurring [Member] \| Inventory Intermediation Agreement Obligation [Member] \| Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liability, Fair Value, Amount Not Offset Against Collateral		0
Fair Value, Measurements, Recurring [Member] \| Money market funds [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents, Fair Value Disclosure	411.6	111.8
Fair Value, Measurements, Recurring [Member] \| Money market funds [Member] \| Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents, Fair Value Disclosure	411.6	111.8
Fair Value, Measurements, Recurring [Member] \| Money market funds [Member] \| Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents, Fair Value Disclosure	0	0
Fair Value, Measurements, Recurring [Member] \| Money market funds [Member] \| Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents, Fair Value Disclosure	0	0
Fair Value, Measurements, Recurring [Member] \| Commodity contract [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset, Fair Value, Amount Not Offset Against Collateral	6	34
Derivative, Collateral, Obligation to Return Cash	(6)	(33.8)
Derivative Asset	0	0.2
Fair Value, Measurements, Recurring [Member] \| Commodity contract [Member] \| Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset, Fair Value, Amount Not Offset Against Collateral	2.5	32.5
Fair Value, Measurements, Recurring [Member] \| Commodity contract [Member] \| Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset, Fair Value, Amount Not Offset Against Collateral	3.5	1.5
Fair Value, Measurements, Recurring [Member] \| Commodity contract [Member] \| Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset, Fair Value, Amount Not Offset Against Collateral	0	0
Fair Value, Measurements, Recurring [Member] \| Inventory Intermediation Agreement Obligation [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset, Fair Value, Amount Not Offset Against Collateral	11.3
Derivative, Collateral, Obligation to Return Cash	0
Derivative Asset	11.3
Fair Value, Measurements, Recurring [Member] \| Inventory Intermediation Agreement Obligation [Member] \| Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset, Fair Value, Amount Not Offset Against Collateral	0
Fair Value, Measurements, Recurring [Member] \| Inventory Intermediation Agreement Obligation [Member] \| Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset, Fair Value, Amount Not Offset Against Collateral	11.3
Fair Value, Measurements, Recurring [Member] \| Inventory Intermediation Agreement Obligation [Member] \| Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset, Fair Value, Amount Not Offset Against Collateral	0
Pension Benefits [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Defined Benefit Plan, Plan Assets, Amount	255.8	197.4	$ 143.4
Pension Benefits [Member] \| Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Defined Benefit Plan, Plan Assets, Amount	255.8	197.4
Pension Benefits [Member] \| Other Assets [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Defined Benefit Plan, Plan Assets, Amount	$ 21.2	$ 10.3

FAIR VALUE MEASUREMENTS (Change

FAIR VALUE MEASUREMENTS (Change in Fair Value at Level 3) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Liability, Transfers Into Level 3	$ 0	$ 0
Contingent Consideration [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability Value, Beginning Balance	26,100,000	21,600,000
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Purchases	77,300,000	0
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Accretion	3,800,000	1,900,000
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Settlements	(3,000,000)	0
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Gain (Loss) Included in Earnings	(92,100,000)	2,600,000
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability Value	$ 12,100,000	$ 26,100,000

FAIR VALUE MEASUREMENTS (Fair V

FAIR VALUE MEASUREMENTS (Fair Value and Carrying Value of Debt) (Details) - USD ($)		Dec. 31, 2020	Dec. 31, 2019	Dec. 22, 2016
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term Debt, Gross		$ 4,712,100,000	$ 2,097,300,000
Less—Current debt		(7,400,000)	0
Unamortized deferred financing costs		(51,100,000)	(32,400,000)
Long-term debt		4,653,600,000	2,064,900,000
Long-term debt, Fair value		3,983,600,000	2,184,300,000
Less - Current maturities, Fair value		(7,400,000)	0
Long-term debt, Fair value		3,976,200,000	2,184,300,000
2025 Senior Notes [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term Debt		725,000,000	725,000,000
Long-term debt, Fair value	[1]	475,300,000	776,500,000
2023 Senior Notes [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term Debt	[2]	0	500,000,000
Long-term debt, Fair value	[1],[2]	0	519,700,000
Catalyst lease [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term Debt	[3]	102,500,000	47,600,000
Long-term debt, Fair value	[3]	102,500,000	47,600,000
2025 Senior Secured Notes [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term Debt		1,250,600,000	0
Long-term debt, Fair value	[1]	1,232,900,000	0
2028 Senior Notes [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term Debt		1,000,000,000	0
Long-term debt, Fair value	[1]	562,500,000	0
PBF Logistics LP [Member] \| PBFX 2023 Senior Notes [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term Debt		526,600,000	527,200,000
Long-term debt, Fair value	[1]	503,000,000	543,000,000
PBF Rail Logistics Company LLC [Member] \| Notes Payable to Banks [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term Debt		7,400,000	14,500,000	$ 35,000,000
Long-term debt, Fair value	[4]	7,400,000	14,500,000
Revolving Credit Facility [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term Line of Credit		900,000,000	0
Lines of Credit, Fair Value Disclosure	[4]	900,000,000	0
Revolving Credit Facility [Member] \| PBF Logistics LP [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term Line of Credit		200,000,000	283,000,000
Lines of Credit, Fair Value Disclosure	[4]	$ 200,000,000	$ 283,000,000

[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.
[2]	As disclosed in “Note 10 - Credit Facilities and 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 (Narrative) (Detail

DERIVATIVES (Narrative) (Details)	12 Months Ended
DERIVATIVES (Narrative) (Details)	Dec. 31, 2020USD ($)bbl	Dec. 31, 2019USD ($)bbl	Dec. 31, 2018USD ($)
Derivative [Line Items]
Gain (loss) on fair value hedge ineffectiveness \| $	$ 0	$ 0	$ 0
Crude Oil and Feedstock Inventory [Member] \| Fair Value Hedging [Member]
Derivative [Line Items]
Derivative, Nonmonetary Notional Amount	0	27,580
Intermediates and Refined Products Inventory [Member] \| Fair Value Hedging [Member] \| Designated as Hedging Instrument [Member]
Derivative [Line Items]
Derivative, Nonmonetary Notional Amount	2,604,736	3,430,635
Crude Oil Commodity Contract [Member] \| Not Designated as Hedging Instrument [Member]
Derivative [Line Items]
Derivative, Nonmonetary Notional Amount	7,183,000	5,511,000
Refined Product Commodity Contract [Member] \| Not Designated as Hedging Instrument [Member]
Derivative [Line Items]
Derivative, Nonmonetary Notional Amount	2,810,000	5,788,000

DERIVATIVES (Fair Value of Deri

DERIVATIVES (Fair Value of Derivative Instruments) (Details) - USD ($) $ in Millions	Dec. 31, 2020	Dec. 31, 2019
Designated as Hedging Instrument [Member] \| Inventory Intermediation Agreement Obligation [Member] \| Accrued Liabilities [Member]
Derivatives, Fair Value [Line Items]
Fair Value Asset/(Liability)	$ 11.3	$ (1.3)
Not Designated as Hedging Instrument [Member] \| Commodity Contract [Member] \| Accounts Receivable [Member]
Derivatives, Fair Value [Line Items]
Fair Value Asset/(Liability)	$ (3)	$ 0.2

DERIVATIVES (Gain (Loss) Recogn

DERIVATIVES (Gain (Loss) Recognized in Income) (Details) - Cost of Sales [Member] - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Designated as Hedging Instrument [Member] \| Inventory Intermediation Agreement Obligation [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gain or (Loss) Recognized in Income on Derivatives	$ 12.6	$ (25.4)	$ 31.8
Designated as Hedging Instrument [Member] \| Intermediates and Refined Products Inventory [Member] \| Fair Value Hedging [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gain or (Loss) Recognized in Income on Derivatives	(12.6)	25.4	(31.8)
Not Designated as Hedging Instrument [Member] \| Commodity Contract [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gain or (Loss) Recognized in Income on Derivatives	$ 44.4	$ 36.5	$ (123.8)

SUBSEQUENT EVENTS (Details)

SUBSEQUENT EVENTS (Details)	Feb. 11, 2021$ / shares
Subsequent Event [Member] \| PBF Logistics LP [Member]
Subsequent Event [Line Items]
Cash Distribution Per Unit (in dollars per share)	$ 0.30