PBF Holding S-430 Sep 20Registration of securities issued in business combination transactionsFinancial data

Company Profile

Cover

Cover	6 Months Ended
Cover	Jun. 30, 2020
Cover [Abstract]
Document Type	S-4
Amendment Flag	false
Entity Registrant Name	PBF HOLDING Co LLC
Entity Central Index Key	0001566011
Entity Filer Category	Non-accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Millions		Jun. 30, 2020	Dec. 31, 2019	Dec. 31, 2018
Current assets:
Cash and cash equivalents		$ 1,203.1	$ 763.1	$ 561.7
Accounts receivable		422.9	826.6	710.7
Accounts receivable - affiliate		7.3	6.5	12
Inventories		1,620.2	2,122.2	1,864.1
Prepaid and other current assets		108	48	52.5
Total current assets		3,361.5	3,766.4	3,201
Property, plant and equipment, net		4,147.3	3,168.6	2,971.2
Investment in equity method investee				169.5
Deferred charges and other assets, net		1,003.4	930	871.8
Total assets		9,612.6	8,845.6	7,213.5
Lease right of use assets - affiliate		407.4	306.1
Current liabilities:
Accounts payable		419.5	591.2	483.8
Accounts payable - affiliate		55.1	48.1	49.5
Accrued expenses		1,426.3	1,791.4	1,579
Current operating lease liabilities - affiliate		230.7	151.2
Current debt	[1]		0	2.4
Deferred revenue		18.1	17	17.1
Total current liabilities		2,149.7	2,598.9	2,131.8
Long-term financing lease liabilities - third party		70	18.4
Other long-term liabilities		281.3	232.9	253.5
Total liabilities		6,653.6	4,948.4	3,683.7
Long-term debt		3,324.7	1,262.8	1,258
Deferred tax liabilities		41.3	31.4	40.4
Long-term operating lease liabilities - affiliate		786.6	804
Commitments and contingencies (Note 10)
Equity:
Member's equity		2,777	2,739.1	2,652.5
Retained earnings		179.7	1,156.9	890.3
Accumulated other comprehensive loss		(8.6)	(9.7)	(23.9)
Total PBF Holding Company LLC equity		2,948.1	3,886.3	3,518.9
Noncontrolling interest		10.9	10.9	10.9
Total equity		2,959	3,897.2	3,529.8
Total liabilities and equity		9,612.6	8,845.6	$ 7,213.5
Previously Reported [Member]
Current assets:
Deferred charges and other assets, net			954.2
Current liabilities:
Other long-term liabilities			251.3
Third Party Lease [Member]
Current assets:
Lease right of use assets - third party		488.7	330.3
Current liabilities:
Current operating lease liabilities - affiliate		148.5	72
Long-term financing lease liabilities - third party		70	18.4
Long-term operating lease liabilities - affiliate		257.2	232.9
Third Party Lease [Member] \| Previously Reported [Member]
Current assets:
Lease right of use assets - third party			306.1
Lease with Affiliate [Member]
Current assets:
Lease right of use assets - affiliate		611.7	650.3
Current liabilities:
Current operating lease liabilities - affiliate		82.2	79.2
Long-term operating lease liabilities - affiliate		$ 529.4	$ 571.1

[1]	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.

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($) $ in Millions	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Income Statement [Abstract]
Revenues	$ 2,499.1	$ 6,551.9	$ 7,759.1	$ 11,760.6	$ 24,468.9	$ 27,164	$ 21,772.4
Cost and expenses:
Cost of products and other	1,820.8	6,025.4	7,854.2	10,301.6	21,667.7	24,744.6	19,095.8
Operating expenses (excluding depreciation and amortization expense as reflected below)	423.7	409.7	931.2	863.1	1,684.3	1,654.8	1,626.4
Depreciation and amortization expense	111.1	95.3	216.5	189.6	386.7	329.7	254.3
Cost of sales	2,355.6	6,530.4	9,001.9	11,354.3	23,738.7	26,729.1	20,976.5
General and administrative expenses (excluding depreciation and amortization expense as reflected below)	53.3	46.6	131.5	97.8	258.7	253.8	197.9
Depreciation and amortization expense	2.8	2.9	5.7	5.7	10.8	10.6	13
Change in fair value of contingent consideration	(12.4)	0	(65.4)	0	(250.2)	351.3	(295.5)
Equity income in investee	0	(3.2)	0	(7.9)	(7.9)	(17.8)	(14.6)
(Gain) loss on sale of assets	(471.1)	0.8	(471.1)	0.8	(29.9)	(43.1)	1.5
Total cost and expenses	1,928.2	6,577.5	8,602.6	11,450.7	23,970.4	26,932.6	21,174.3
Income (loss) from operations	570.9	(25.6)	(843.5)	309.9	(498.5)	(231.4)	(598.1)
Other income (expense):
Interest expense, net	(52.8)	(29.6)	(89.3)	(57)	(108.7)	(127.1)	(122.6)
Change in fair value of catalyst obligations	(5.1)	0.5	6.6	(2.6)	(9.7)	5.6	(2.2)
Debt extinguishment costs	0	0	(22.2)	0			(25.5)
Other non-service components of net periodic benefit cost	1.1	0	2.1	(0.1)	(0.2)	1.1	(1.4)
Income (loss) before income taxes	514.1	(54.7)	(946.3)	250.2	379.9	111	446.4
Income tax (benefit) expense	(4.4)	1.8	9.8	(5.4)	(8.3)	8	(10.8)
Net income (loss)	518.5	(56.5)	(956.1)	255.6	388.2	103	457.2
Less: net income attributable to noncontrolling interests	0	0.1	0	0.1		0.1	0.1
Net income (loss) attributable to PBF Holding Company LLC	$ 518.5	$ (56.6)	$ (956.1)	$ 255.5	$ 388.2	$ 102.9	$ 457.1

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Millions	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Statement of Comprehensive Income [Abstract]
Net income (loss)	$ 518.5	$ (56.5)	$ (956.1)	$ 255.6	$ 388.2	$ 103	$ 457.2
Other comprehensive income (loss):
Unrealized gain (loss) on available for sale securities	0.1	0.3	0.7	0.3	0.4	(0.1)
Net gain (loss) on pension and other post-retirement benefits	0.2	0.2	0.4	0.4	13.8	3.1	(1)
Total other comprehensive income (loss)	0.3	0.5	1.1	0.7	14.2	3	(1)
Comprehensive income	518.8	(56)	(955)	256.3	402.4	106	456.2
Less: comprehensive income attributable to noncontrolling interests	0	0.1	0	0.1		0.1	0.1
Comprehensive income (loss) attributable to PBF Holding Company LLC	$ 518.8	$ (56.1)	$ (955)	$ 256.2	$ 402.4	$ 105.9	$ 456.1

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Changes in Equity Statement - USD ($) $ in Millions	Total	Member's Equity [Member]	Accumulated Other Comprehensive Loss [Member]	Retained Earnings [Member]	Noncontrolling Interest [Member]
Beginning balance at Dec. 31, 2016	$ 2,588.9	$ 2,155.8	$ (25.9)	$ 446.5	$ 12.5
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Member distributions	(61.2)			(61.2)
Capital contributions from PBF LLC	183.3	183.3
Stock based compensation	21.5	21.5
Net income	457.2			457.1	0.1
Other comprehensive income	(1)		(1)
Other	(4.7)	(0.9)		(2)	(1.8)
Ending balance at Dec. 31, 2017	3,184	2,359.7	(26.9)	840.4	10.8
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Member distributions	(52.6)			(52.6)
Capital contributions from PBF LLC	287	287
Distribution of assets to PBF LLC	(13.7)	(13.7)
Stock based compensation	19.7	19.7
Net income	103			102.9	0.1
Other comprehensive income	3		3
Other	(0.6)	(0.2)		(0.4)
Ending balance at Dec. 31, 2018	3,529.8	2,652.5	(23.9)	890.3	10.9
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Member distributions	(59.4)			(59.4)
Capital contributions from PBF LLC	202.5	202.5
Distribution of TVPC investment	(168.8)	(168.8)
Distribution of assets to PBF LLC	(0.3)	(0.3)
Stock based compensation	13.9	13.9
Net income	255.6			255.5	0.1
Other comprehensive income	0.7		0.7
Ending balance at Jun. 30, 2019	3,774	2,699.8	(23.2)	1,086.4	11
Beginning balance at Dec. 31, 2018	3,529.8	2,652.5	(23.9)	890.3	10.9
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Member distributions	(121.6)			(121.6)
Capital contributions from PBF LLC	228.5	228.5
Distribution of TVPC investment	(168.8)	(168.8)
Distribution of assets to PBF LLC	(0.3)	(0.3)
Stock based compensation	27.2	27.2
Net income	388.2			388.2
Other comprehensive income	14.2		14.2
Ending balance at Dec. 31, 2019	3,897.2	2,739.1	(9.7)	1,156.9	10.9
Beginning balance at Mar. 31, 2019	3,825	2,658.4	(23.7)	1,179.4	10.9
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Member distributions	(36.4)			(36.4)
Capital contributions from PBF LLC	202.5	202.5
Distribution of TVPC investment	(168.8)	(168.8)
Stock based compensation	7.7	7.7
Net income	(56.5)			(56.6)	0.1
Other comprehensive income	0.5		0.5
Ending balance at Jun. 30, 2019	3,774	2,699.8	(23.2)	1,086.4	11
Beginning balance at Dec. 31, 2019	3,897.2	2,739.1	(9.7)	1,156.9	10.9
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Member distributions	(21.1)			(21.1)
Capital contributions from PBF LLC	24.4	24.4
Stock based compensation	13.5	13.5
Net income	(956.1)			(956.1)
Other comprehensive income	1.1		1.1
Ending balance at Jun. 30, 2020	2,959	2,777	(8.6)	179.7	10.9
Beginning balance at Mar. 31, 2020	2,409.1	2,745.9	(8.9)	(338.8)	10.9
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Capital contributions from PBF LLC	24.4	24.4
Stock based compensation	6.7	6.7
Net income	518.5			518.5
Other comprehensive income	0.3		0.3
Ending balance at Jun. 30, 2020	$ 2,959	$ 2,777	$ (8.6)	$ 179.7	$ 10.9

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Millions	6 Months Ended		12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Cash flows from operating activities:
Net income (loss)	$ (956.1)	$ 255.6	$ 388.2	$ 103	$ 457.2
Adjustments to reconcile net income (loss) to net cash used in operating activities:
Depreciation and amortization	229.4	198.4	404.4	346.7	274.7
Stock-based compensation	16.4	15.7	30.5	20.2	21.5
Change in fair value of catalyst obligations	(6.6)	2.6	9.7	(5.6)	2.2
Deferred income taxes	9.8	(5.3)	(8.8)	7.2	(12.5)
Non-cash change in inventory repurchase obligations	(25.7)	35	25.4	(31.8)	13.8
Non-cash lower of cost or market inventory adjustment	701.4	(324)
Change in fair value of contingent consideration	(65.4)	0	(250.2)	351.3	(295.5)
Debt extinguishment costs	22.2	0			25.5
Pension and other post-retirement benefit costs	27.3	22.4	44.8	47.4	42.2
Income from equity method investee	0	(7.9)	(7.9)	(17.8)	(14.6)
Distributions from equity method investee	0	7.9	7.9	17.8	20.2
(Gain) loss on sale of assets	(471.1)	0.8	(29.9)	(43.1)	1.5
Changes in operating assets and liabilities:
Accounts receivable	403.7	(274.1)	(115.9)	240.4	(335.2)
Due to/from affiliates	6.3	12.9	12.6	(3.5)	3.2
Inventories	24.8	(124.6)	(8)	(1.5)	(54.7)
Prepaid and other current assets	(54.6)	(34.1)	4.4	(2.9)	(9.2)
Accounts payable	(185.9)	(34.3)	132	(110.7)	34.5
Accrued expenses	(360.4)	200	209.5	(233)	353.1
Deferred revenue	1.1	5.3	(0.2)	9.6	(4.8)
Other assets and liabilities	(24.5)	(28.3)	(58.9)	1.3	(52)
Net cash (used in) provided by operating activities	(707.9)	(76)	789.6	695	471.1
Net increase (decrease) in cash and cash equivalents			201.4	35.5	(100.5)
Cash flows from investing activities:
Expenditures for property, plant and equipment	(112.6)	(190.9)	(373.1)	(277.3)	(232.6)
Expenditures for deferred turnaround costs	(159.2)	(261.9)	(299.3)	(266)	(379.1)
Expenditures for other assets	(7.2)	(33.9)	(44.7)	(17)	(31.2)
Acquisition of Martinez refinery	(1,176.2)	0
Proceeds from sale of assets	529.4	0	36.3	48.3
Equity method investment - return of capital	0	0.6	0.6	2.4	1.3
Net cash (used in) provided by investing activities	(925.8)	(486.1)	(680.2)	(509.6)	(641.6)
Cash and cash equivalents, beginning of period	763.1	561.7	561.7	526.2	626.7
Cash flows from financing activities:
Contributions from PBF LLC	24.4	202.5	228.5	287	97
Distributions to members	(21.1)	(59.4)	(121.6)	(52.6)	(61.2)
Cash paid to extinguish 2020 Senior Secured Notes				(5.6)	(1.2)
Proceeds from revolver borrowings	1,150	1,250	1,350		490
Payment received for affiliate note receivable					11.6
Repayments of revolver borrowings	(550)	(1,250)	(1,350)	(350)	(490)
Proceeds from 2025 Senior Notes					725
Settlement of catalyst obligations	(8.8)	(1.2)	(6.5)	(9.1)	10.8
Payments on financing leases	(5.7)	0
Deferred financing costs and other			(1.4)	(12.8)	(13.4)
Proceeds from insurance premium financing	33.8	18.9
Deferred financing costs and other	(27.8)	(0.1)
Net cash provided by (used in) financing activities	2,073.7	157.2	92	(149.9)	70
Cash and cash equivalents, end of period	1,203.1		763.1	561.7	526.2
Net increase (decrease) in cash and cash equivalents	440	(404.9)
Cash and cash equivalents, beginning of period	763.1	561.7	561.7
Cash and cash equivalents, end of period	1,203.1	156.8	763.1	561.7
Non-cash activities:
Accrued and unpaid capital expenditures	29.8	39.5	36	89.5	25.4
Assets acquired under operating and financing leases	224.3	1,014.1	1,168
Fair value of the Martinez Contingent Consideration at acquisition	77.3	0
Assets acquired under finance leases			26.3
Distribution of assets to PBF Energy Company LLC	0	169.1	169.1	13.7	25.5
Conversion of affiliate notes payable to capital contribution					86.3
Note payable issued for purchase of property, plant and equipment					6.8
Cash paid during the period for:
Interest (net of capitalized interest )	49.2	49.7	107	124.4	131.4
Income taxes	0.1	0.7	1.2	0.6
2025 Senior Secured Notes [Member]
Cash flows from financing activities:
Proceeds from 2025 Senior Notes	1,000	0
2028 Senior Notes [Member]
Cash flows from financing activities:
Proceeds from 2025 Senior Notes	1,000	0
2023 Senior Notes [Member]
Cash flows from financing activities:
Proceeds from Issuance of Long-term Debt	(517.5)	0
Rail Term Loan [Member]
Cash flows from financing activities:
Proceeds from Issuance of Long-term Debt	$ (3.6)	$ (3.5)	$ (7)	$ (6.8)	(6.6)
2020 Senior Secured Notes [Member]
Cash flows from financing activities:
Cash paid to extinguish 2020 Senior Secured Notes					(690.2)
Collins Pipeline Company And T&M Terminal Company [Member]
Cash flows from financing activities:
Distributions to members					$ (1.8)

Condensed Consolidated Statem_5

Condensed Consolidated Statements of Cash Flows (Parenthetical) - USD ($) $ in Millions	6 Months Ended		12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Statement of Cash Flows [Abstract]
Capitalized interest	$ 5.6	$ 7.8	$ 17.6	$ 9.3	$ 5.9

DESCRIPTION OF THE BUSINESS AND

DESCRIPTION OF THE BUSINESS AND BASIS OF PRESENTATION	6 Months Ended	12 Months Ended
DESCRIPTION OF THE BUSINESS AND BASIS OF PRESENTATION	Jun. 30, 2020	Dec. 31, 2019
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 Holding Company LLC (“PBF Holding”), a Delaware limited liability company, and PBF Finance Corporation (“PBF Finance”), a wholly-owned subsidiary of PBF Holding, together with the Company’s consolidated subsidiaries, owns and operates oil refineries and related facilities in North America. PBF Holding is a wholly-owned subsidiary of PBF Energy Company LLC (“PBF LLC”). PBF Energy Inc. (“PBF Energy”) is the sole managing member of, and owner of an equity interest representing approximately 99.2% of the outstanding economic interest in, PBF LLC as of June 30, 2020. PBF Investments LLC, Toledo Refining Company LLC, Paulsboro Refining Company LLC, Delaware City Refining Company LLC, Chalmette Refining, L.L.C. (“Chalmette Refining”), PBF Energy Western Region LLC, Torrance Refining Company LLC, Torrance Logistics Company LLC and Martinez Refining Company LLC are PBF LLC’s principal operating subsidiaries and are all wholly-owned subsidiaries of PBF Holding. Collectively, PBF Holding and its consolidated subsidiaries are referred to hereinafter as the “Company”. PBF Logistics GP LLC (“PBF GP”) serves as the general partner of PBF Logistics LP (“PBFX”). PBF GP is wholly-owned by PBF LLC. In a series of transactions, PBF Holding has distributed certain assets to PBF LLC, which in turn contributed those assets to PBFX (as described in “Note 7 - Related Party Transactions”). Substantially all of the Company’s operations are in the United States. As of June 30, 2020, the Company’s oil refineries are all engaged in the refining of crude oil and other feedstocks into petroleum products, and have been aggregated to form one reportable segment. To generate earnings and cash flows from operations, the Company is primarily dependent upon processing crude oil and selling refined petroleum products at margins sufficient to cover fixed and variable costs and other expenses. Crude oil and refined petroleum products are commodities, and factors that are largely out of the Company’s control can cause prices to vary over time. The resulting potential margin volatility can have a material effect on the Company’s financial position, earnings and cash flows. Basis of Presentation The unaudited condensed consolidated financial information furnished herein reflects all adjustments (consisting of normal recurring accruals) which are, in the opinion of management, considered necessary for a fair presentation of the financial position and the results of operations and cash flows of the Company for the periods presented. All intercompany accounts and transactions have been eliminated in consolidation. These unaudited Condensed Consolidated Financial Statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information. Accordingly, they do not include all of the information and notes required by GAAP for complete financial statements. These interim Condensed Consolidated Financial Statements should be read in conjunction with the PBF Holding and PBF Finance financial statements included in this prospectus. The results of operations for the three and six months ended June 30, 2020 are not necessarily indicative of the results to be expected for the full year. Reclassification As of June 30, 2020, Financing lease right of use assets - third party, previously included in Deferred charges and other assets, net, in the Condensed Consolidated Balance Sheets, are reflected within Lease right of use assets - third party, which is inclusive of all third party lease right of use assets. Financing lease liabilities - third party, previously included in Other long-term liabilities, in the Condensed Consolidated Balance Sheet, is presented as a separate line item in the Condensed Consolidated Financial Statements. The amounts related to such balance sheet accounts have also been reclassified in their respective footnotes for prior periods to conform to the 2020 presentation. Interim Impairment Assessment The global crisis resulting from the spread of the recent novel coronavirus (“COVID-19”) Recently Adopted Accounting Pronouncements In June 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standard Update (“ASU”) 2016-13, 2016-13”). 2016-13 Recently Issued Accounting Pronouncements In March 2020, the FASB issued ASU 2020-04, In August 2018, the FASB issued ASU No. 2018-14, 715-20)”,	1. DESCRIPTION OF THE BUSINESS AND BASIS OF PRESENTATION Description of the Business PBF Holding Company LLC (“PBF Holding” or the “Company”), a Delaware limited liability company, together with its consolidated subsidiaries, owns and operates oil refineries and related facilities in North America. PBF Holding is a wholly-owned subsidiary of PBF Energy Company LLC (“PBF LLC”). PBF Energy Inc. (“PBF Energy”) is the sole managing member of, and owner of an equity interest representing approximately 99.0% of the outstanding economic interest in PBF LLC as of December 31, 2019. PBF Investments LLC (“PBF Investments”), Toledo Refining Company LLC (“Toledo Refining” or “TRC”), Paulsboro Refining Company LLC (“Paulsboro Refining” or “PRC”), Delaware City Refining Company LLC (“Delaware City Refining” or “DCR”), Chalmette Refining, L.L.C. (“Chalmette Refining”), PBF Energy Western Region LLC (“PBF Western Region”), Torrance Refining Company LLC (“Torrance Refining”) and Torrance Logistics Company LLC are PBF LLC’s principal operating subsidiaries and are all wholly-owned subsidiaries of PBF Holding. Collectively, PBF Holding and its consolidated subsidiaries are referred to hereinafter as the “Company”. On May 14, 2014, PBF Logistics LP (“PBFX”), a Delaware master limited partnership, completed its initial public offering (the “PBFX Offering”). PBF Logistics GP LLC (“PBF GP”) serves as the general partner of PBFX. PBF GP is wholly-owned by PBF LLC. In connection with the PBFX Offering, PBF Holding contributed to PBFX the assets and liabilities of certain crude oil terminaling assets. In a series of additional transactions subsequent to the PBFX Offering, PBF Holding distributed certain additional assets to PBF LLC, which in turn contributed those assets to PBFX (as described in “Note 9 - Related Party Transactions”). Substantially all of the Company’s operations are in the United States. As of December 31, 2019, the Company’s oil refineries are all engaged in the refining of crude oil and other feedstocks into petroleum products, and have been aggregated to form one reportable segment. To generate earnings and cash flows from operations, the Company is primarily dependent upon processing crude oil and selling refined petroleum products at margins sufficient to cover fixed and variable costs and other expenses. Crude oil and refined petroleum products are commodities; and factors that are largely out of the Company’s control can cause prices to vary over time. The resulting potential margin volatility can have a material effect on the Company’s financial position, earnings and cash flows. Basis of Presentation The unaudited condensed consolidated financial information furnished herein reflects all adjustments (consisting of normal recurring accruals) which are, in the opinion of management, considered necessary for a fair presentation of the financial position and the results of operations and cash flows of the Company for the periods presented. All intercompany accounts and transactions have been eliminated in consolidation. These unaudited Condensed Consolidated Financial Statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information. Accordingly, they do not include all of the information and notes required by GAAP for complete financial statements. These interim Condensed Consolidated Financial Statements should be read in conjunction with the PBF Holding and PBF Finance financial statements included in this prospectus. The results of operations for the three and six months ended June 30, 2020 are not necessarily indicative of the results to be expected for the full year. Reclassification As of June 30, 2020, Financing lease right of use assets - third party, previously included in Deferred charges and other assets, net, in the Condensed Consolidated Balance Sheets, are reflected within Lease right of use assets - third party, which is inclusive of all third party lease right of use assets. Financing lease liabilities - third party, previously included in Other long-term liabilities, in the Condensed Consolidated Balance Sheet, is presented as a separate line item in the Condensed Consolidated Financial Statements. The amounts related to such balance sheet accounts have also been reclassified in their respective footnotes for prior periods to conform to the 2020 presentation. Interim Impairment Assessment The global crisis resulting from the spread of the recent novel coronavirus (“COVID-19”)

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	Dec. 31, 2019
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Principles of Consolidation and Presentation These Consolidated Financial Statements include the accounts of PBF Holding and its consolidated subsidiaries. All intercompany accounts and transactions have been eliminated in consolidation. In 2019, the Company has changed its presentation from thousands to millions, as applicable, and as a result, any necessary rounding adjustments have been made to prior year disclosed amounts. 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 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. 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. 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 earn-out. 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 years ended December 31, 2019, 2018 and 2017 no single customer amounted to greater than or equal to 10% of the Company’s revenues. No single customer accounted for 10% or more of our total trade accounts receivable as of December 31, 2019 or December 31, 2018. Revenue, Deferred Revenue and Accounts Receivable Prior to January 1, 2018, the Company recognized revenue from customers when all of the following criteria were met: (i) persuasive evidence of an exchange arrangement existed, (ii) delivery had occurred or services had been rendered, (iii) the buyer’s price was fixed or determinable and (iv) collectability was reasonably assured. Amounts billed in advance of the period in which the service was rendered or product delivered were recorded as deferred revenue. Effective January 1, 2018, the Company adopted ASC 606, as defined below under “Recently Adopted Accounting Guidance”. As a result, the Company has changed its accounting policy for the recognition of revenue from contracts with customers. Revenues are recognized 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 15 - 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 PBFX assets acquired from Crown Point International, LLC in October 2018 (the “East Coast Storage Assets”) as a location and crude oil as a new product type to be included in the J. Aron Products (as defined in “Note 3 - 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 continues to purchase and hold title to the J. Aron Products produced by the Paulsboro and Delaware City refineries (the “East Coast Refineries”), respectively, and delivered into the Company’s J. Aron Storage Tanks (as defined in “Note 3 - Inventories”). Furthermore, J. Aron agrees to sell the J. Aron Products back to the East Coast Refineries as the J. Aron Products are discharged out of its 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 East Coast 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, 2019 and 2018. Excise taxes on sales of refined products that are collected from customers and remitted to various governmental agencies are reported on a net basis. Inventories 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 Property, Plant and Equipment Property, plant and equipment additions are recorded at cost. The Company capitalizes costs associated with the preliminary, pre-acquisition Depreciation is computed using the straight-line method over the following estimated useful lives: Process units and equipment 5-25 Pipeline and equipment 5-25 years Buildings 25 years Computers, furniture and fixtures 3-7 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. 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 as indicators of impairment develop. 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 and permits 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. Investments in Equity Method Investments For equity investments that are not required to be consolidated under the variable or voting interest model, the Company evaluates the level of influence it is able to exercise over an entity’s operations to determine whether to use the equity method of accounting. The Company’s judgment regarding the level of control over an equity method investment includes considering key factors such as its ownership interest, participation in policy-making and other significant decisions and material intercompany transactions. Amounts recognized for equity method investments are included in equity method investments in the consolidated balance sheet and adjusted for the Company’s share of the net earnings and losses of the investee and cash distributions, which are included in the consolidated statements of operations and the consolidated statements of cash flows. Amounts recognized for earnings in excess of distributions of the Company’s equity method investments are included in the operating section of the consolidated statements of cash flows. The Company evaluates its equity method investments for impairment whenever events or changes in circumstances indicate that the carrying amounts of such investments may be impaired. A loss is recorded in earnings in the current period to write down the carrying value of the investment to fair value if a decline in the value of an equity method investment is determined to be other than temporary. 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 PBF Energy to certain PBF Holding 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. Beginning in 2018, PBF Energy granted performance share awards and performance unit awards to certain key employees. Both types of awards have a three-year performance cycle and 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 and performance unit awards are each measured at fair value based on Monte Carlo simulation models. The performance share 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 PBF Holding is a limited liability company treated as a “flow-through” entity for income tax purposes, there is no benefit or expense for federal or state income tax in the accompanying financial statements apart from the income taxes attributable to two subsidiaries acquired in connection with the acquisition of Chalmette Refining and the Company’s wholly-owned Canadian subsidiary, PBF Energy Limited (“PBF Ltd.”). These subsidiaries are treated as C-corporations The State tax returns for all years since 2016 are subject to examination by the respective tax authorities. 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 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 February 2016, the Financial Accounting Standard Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2016-02, In August 2017, the FASB issued ASU No. 2017-12, 2017-12”). 2017-12 2017-12 2017-12 In June 2018, the FASB issued ASU No. 2018-07, Non-employee 2018-07”). 2018-07 non-employees. non-employee 2018-07 In August 2018, the FASB issued ASU 2018-15, Other-Internal-Use 350-40) 2018-15”). 2018-15 internal-use 2018-15 Recently Issued Accounting Pronouncements In August 2018, the FASB issued ASU No. 2018-14, 715-20)”, In June 2016, the FASB issued ASU 2016-13, 2016-13”). 2016-13 2016-13 10-Q,

INVENTORIES

INVENTORIES	6 Months Ended	12 Months Ended
INVENTORIES	Jun. 30, 2020	Dec. 31, 2019
Inventory Disclosure [Abstract]
INVENTORIES	4. INVENTORIES Inventories consisted of the following: June 30, 2020 (in millions) Titled Inventory Total Crude oil and feedstocks $ 1,254.0 $ — $ 1,254.0 Refined products and blendstocks 1,056.3 277.2 1,333.5 Warehouse stock and other 135.7 — 135.7 $ 2,446.0 $ 277.2 $ 2,723.2 Lower of cost or market adjustment (965.7 ) (137.3 ) (1,103.0 ) Total inventories $ 1,480.3 $ 139.9 $ 1,620.2 December 31, 2019 (in millions) Titled Inventory Total Crude oil and feedstocks $ 1,071.4 $ 2.7 $ 1,074.1 Refined products and blendstocks 976.0 352.9 1,328.9 Warehouse stock and other 120.8 — 120.8 $ 2,168.2 $ 355.6 $ 2,523.8 Lower of cost or market adjustment (324.8 ) (76.8 ) (401.6 ) Total inventories $ 1,843.4 $ 278.8 $ 2,122.2 Inventory under the amended and restated inventory intermediation agreements with J. Aron & Company, a subsidiary of The Goldman Sachs Group, Inc. (“J. Aron”) (as amended and restated from time to time, the “Inventory Intermediation Agreements”), includes crude oil, intermediate and certain finished products (the “J. Aron Products”) purchased or produced by the Paulsboro and Delaware City refineries (the “East Coast Refineries”), and sold to counterparties in connection with such agreements. This inventory is held in the Company’s storage tanks at the East Coast Refineries and at PBFX’s assets acquired from Crown Point International, LLC in October 2018 (the “PBFX East Coast Storage Assets” and together with the Company’s storage tanks at the East Coast Refineries, the “J. Aron Storage Tanks”). During the three months ended June 30, 2020, the Company recorded an adjustment to value its inventories to the lower of cost or market which increased operating income by $584.2 million, reflecting the net change in the lower of cost or market (“LCM”) inventory reserve from $1,687.2 million at March 31, 2020 to $1,103.0 million at June 30, 2020. During the six months ended June 30, 2020, the Company recorded an adjustment to value its inventories to the lower of cost or market which decreased income from operations by $701.4 million, reflecting the net change in the LCM inventory reserve from $401.6 million at December 31, 2019 to $1,103.0 million at June 30, 2020. During the three months ended June 30, 2019, the Company recorded an adjustment to value its inventories to the lower of cost or market which decreased operating income by $182.0 million, reflecting the net change in the LCM inventory reserve from $145.8 million at March 31, 2019 to $327.8 million at June 30, 2019. During the six months ended June 30, 2019, the Company recorded an adjustment to value its inventories to the lower of cost or market which increased income from operations by $324.0 million, reflecting the net change in the LCM inventory reserve from $651.8 million at December 31, 2018 to $327.8 million at June 30, 2019.	3. INVENTORIES Inventories consisted of the following: December 31, 2019 (in millions) Titled Inventory Inventory 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 December 31, 2018 (in millions) Titled Inventory Inventory Total Crude oil and feedstocks $ 1,044.8 $ — $ 1,044.8 Refined products and blendstocks 1,026.9 334.8 1,361.7 Warehouse stock and other 109.4 — 109.4 $ 2,181.1 $ 334.8 $ 2,515.9 Lower of cost or market adjustment (557.2 ) (94.6 ) (651.8 ) Total inventories $ 1,623.9 $ 240.2 $ 1,864.1 Inventory under the Inventory Intermediation Agreements includes crude oil, intermediate and certain finished products (the “J. Aron Products”) purchased or produced by the East Coast Refineries and sold to counterparties in connection with the Inventory Intermediation Agreements with J. Aron. 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, 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 lower of cost or market (“LCM”) inventory reserve from $651.8 million at December 31, 2018 to $401.6 million at December 31, 2019. During the year ended December 31, 2018, the Company recorded an adjustment to value its inventories to the lower of cost or market which decreased income from operations by $351.3 million, reflecting the net change in the LCM inventory reserve from $300.5 million at December 31, 2017 to $651.8 million at December 31, 2018. An actual valuation of inventories valued under the LIFO method is made at the end of each year based on inventory levels and costs at that time. We recorded a charge related to a LIFO layer decrement of $4.9 million and $21.9 million during the years ended December 31, 2019 and December 31, 2018, respectively.

PROPERTY, PLANT AND EQUIPMENT,

PROPERTY, PLANT AND EQUIPMENT, NET	12 Months Ended
PROPERTY, PLANT AND EQUIPMENT, NET	Dec. 31, 2019
Property, Plant and Equipment [Abstract]
PROPERTY, PLANT AND EQUIPMENT, NET	4. PROPERTY, PLANT AND EQUIPMENT, NET Property, plant and equipment, net consisted of the following: (in millions) December 31, 2019 December 31, 2018 Land $ 244.6 $ 249.0 Processing units, pipelines and equipment 3,282.2 2,934.5 Buildings and leasehold improvements 48.0 47.9 Computers, furniture and fixtures 134.9 121.2 Construction in progress 304.0 320.1 4,013.7 3,672.7 Less - Accumulated depreciation (845.1 ) (701.5 ) Total property, plant and equipment, net $ 3,168.6 $ 2,971.2 Depreciation expense for the years ended December 31, 2019, 2018 and 2017 was $140.7 million, $133.1 million and $123.3 million, respectively. The Company capitalized $17.6 million and $9.3 million in interest during 2019 and 2018, respectively, in connection with construction in progress. Torrance Land Sale On 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 $33.1 million and $43.8 million in the third quarter of 2019 and 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, 2019
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
DEFERRED CHARGES AND OTHER ASSETS, NET	5. DEFERRED CHARGES AND OTHER ASSETS, NET Deferred charges and other assets, net consisted of the following: (in millions) December 31, 2019 December 31, 2018 Deferred turnaround costs, net $ 722.7 $ 673.1 Catalyst, net 132.7 124.3 Environmental credits 37.8 37.8 Finance lease assets 24.2 — Linefill 19.5 19.5 Pension plan assets 10.3 9.7 Intangible assets, net 0.5 0.5 Other 6.5 6.9 Total deferred charges and other assets, net $ 954.2 $ 871.8 Catalyst, net includes $74.5 million and $73.1 million of indefinitely-lived precious metal catalysts as of December 31, 2019 and December 31, 2018, respectively. The Company recorded amortization expense related to deferred turnaround costs, catalyst and intangible assets of $256.8 million, $207.2 million and $144.0 million for the years ended December 31, 2019, 2018 and 2017, respectively. Intangible assets, net primarily consists of permits and emission credits. Our net balance as of December 31, 2019 and December 31, 2018 is shown below. (in millions) December 31, 2019 December 31, 2018 Intangible assets - gross $ 4.0 $ 4.0 Accumulated amortization (3.5 ) (3.5 ) Intangible assets - net $ 0.5 $ 0.5

ACCRUED EXPENSES

ACCRUED EXPENSES	6 Months Ended	12 Months Ended
ACCRUED EXPENSES	Jun. 30, 2020	Dec. 31, 2019
Payables and Accruals [Abstract]
ACCRUED EXPENSES	5. ACCRUED EXPENSES Accrued expenses consisted of the following: (in millions) June 30, 2020 December 31, 2019 Inventory-related accruals $ 536.4 $ 1,103.2 Inventory intermediation agreements 228.7 278.1 Renewable energy credit and emissions obligations 203.1 17.7 Excise and sales tax payable 120.9 98.4 Accrued transportation costs 80.8 88.7 Accrued refinery maintenance and support costs 48.0 16.9 Accrued interest 40.8 6.8 Accrued utilities 39.1 40.1 Accrued salaries and benefits 32.0 77.4 Environmental liabilities 13.2 12.3 Current finance lease liabilities 12.8 6.5 Accrued capital expenditures 10.6 31.0 Customer deposits 8.0 1.8 Other 51.9 12.5 Total accrued expenses $ 1,426.3 $ 1,791.4 The Company has the obligation to repurchase the J. Aron Products that are held in its J. Aron Storage Tanks in accordance with the Inventory Intermediation Agreements with J. Aron. As of June 30, 2020 and December 31, 2019, a liability is recognized for the Inventory Intermediation Agreements and is recorded at market price for the J. Aron owned inventory held in the Company’s J. Aron Storage Tanks under the Inventory Intermediation Agreements, with any change in the market price being recorded in Cost of products and other. The Company is subject to obligations to purchase Renewable Identification Numbers (“RINs”) required to comply with the Renewable Fuels Standard. The Company’s overall RINs obligation is based on a percentage of domestic shipments of on-road Severance Costs During the three months ended June 30, 2020, the Company reduced headcount across its refining operations in response to the current challenging market conditions, which resulted in a severance charge of approximately $12.9 million included within General and administrative expenses. The Company recorded this liability within Accrued salaries and benefits.	6. ACCRUED EXPENSES Accrued expenses consisted of the following: (in millions) December 31, 2019 December 31, 2018 Inventory-related accruals $ 1,103.2 $ 846.3 Inventory intermediation agreements 278.1 249.4 Excise and sales tax payable 98.4 149.4 Accrued transportation costs 88.7 53.6 Accrued salaries and benefits 77.4 89.3 Accrued utilities 40.1 49.8 Accrued capital expenditures 31.0 59.9 Renewable energy credit and emissions obligations 17.7 27.1 Accrued refinery maintenance and support costs 16.9 19.0 Environmental liabilities 12.3 6.5 Accrued interest 6.8 6.8 Current finance lease liabilities 6.5 — Customer deposits 1.8 5.6 Other 12.5 16.3 Total accrued expenses $ 1,791.4 $ 1,579.0 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, 2019 and December 31, 2018, a liability is recognized for the Inventory Intermediation Agreements and is recorded at market price for the J. Aron owned inventory held in its 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

CREDIT FACILITY AND LONG-TERM D

CREDIT FACILITY AND LONG-TERM DEBT	6 Months Ended	12 Months Ended
CREDIT FACILITY AND LONG-TERM DEBT	Jun. 30, 2020	Dec. 31, 2019
Debt Disclosure [Abstract]
CREDIT FACILITY AND LONG-TERM DEBT	6. DEBT Senior Notes 2028 Senior Notes On January 24, 2020, PBF Holding entered into an indenture among PBF Holding and PBF Holding’s wholly-owned subsidiary, PBF Finance (together with PBF Holding, the “Issuers”), the guarantors named therein (collectively the “Guarantors”), Wilmington Trust, National Association, as Trustee and Deutsche Bank Trust Company Americas, under which the Issuers issued $1.0 billion in aggregate principal amount of 6.00% senior unsecured notes due 2028 (the “2028 Senior Notes”). The Issuers received net proceeds of approximately $987.0 million from the offering after deducting the initial purchasers’ discount and offering expenses. The Company primarily used the net proceeds to fully redeem the 7.00% senior notes due 2023 (the “2023 Senior Notes”), including accrued and unpaid interest, on February 14, 2020, and to fund a portion of the cash consideration for the Martinez Acquisition. The difference between the carrying value of the 2023 Senior Notes on the date they were reacquired and the amount for which they were reacquired has been classified as Debt extinguishment costs in the Condensed Consolidated Statement of Operations. In connection with the issuance of the 2028 Senior Notes, the Issuers and the Guarantors entered into a registration rights agreement whereby the Company has agreed to file with the SEC and use reasonable efforts to cause to become effective within 365 days of the closing date, a registration statement relating to an offer to exchange the 2028 Senior Notes for an issue of registered notes with terms substantially identical to the 2028 Senior Notes. The Issuers will be obligated to pay additional interest if they fail to comply with their obligations to register the 2028 Senior Notes within the specified time period. The Company fully intends to file a registration statement for the exchange of the 2028 Senior Notes within the 365 day period following the closing of the 2028 Senior Notes. In addition, there are no restrictions or hindrances that the Company is aware of that would prohibit the Issuers from filing such registration statement and maintaining its effectiveness as stipulated in the registration rights agreement. As such, the Company asserts that it is not probable that it will have to transfer any consideration as a result of the registration rights agreement and thus no loss contingency was recorded. The 2028 Senior Notes are guaranteed on a senior unsecured basis by substantially all of PBF Holding’s subsidiaries. The 2028 Senior Notes and guarantees are senior unsecured obligations and rank equal in right of payment with all of the Issuers’ and the Guarantors’ existing and future indebtedness, including PBF Holding’s Revolving Credit Facility and the Issuers’ 7.25% senior notes due 2025 (the “2025 Senior Notes”). The 2028 Senior Notes and the guarantees rank senior in right of payment to the Issuers’ and the Guarantors’ existing and future indebtedness that is expressly subordinated in right of payment thereto. The 2028 Senior Notes and the guarantees are effectively subordinated to any of the Issuers’ and the Guarantors’ existing or future secured indebtedness (including the Revolving Credit Facility) to the extent of the value of the collateral securing such indebtedness. The 2028 Senior Notes and the guarantees are structurally subordinated to any existing or future indebtedness and other obligations of the Issuers’ non-guarantor non-investment At any time prior to February 15, 2023, the Issuers may on any one or more occasions redeem up to 35% of the aggregate principal amount of the 2028 Senior Notes in an amount not greater than the net cash proceeds of certain equity offerings at a redemption price equal to 106.000% of the principal amount of the 2028 Senior Notes, plus any accrued and unpaid interest through the date of redemption. On or after February 15, 2023, the Issuers may redeem all or part of the 2028 Senior Notes, in each case at the redemption prices described in the indenture, together with any accrued and unpaid interest through the date of redemption. In addition, prior to February 15, 2023, the Issuers may redeem all or part of the 2028 Senior Notes at a “make-whole” redemption price described in the indenture, together with any accrued and unpaid interest through the date of redemption. 2025 Senior Secured Notes On May 13, 2020, PBF Holding entered into an indenture among the Issuers, the Guarantors, and Wilmington Trust, National Association, as Trustee, Paying Agent, Registrar, Transfer Agent, Authenticating Agent and Notes Collateral Agent, under which the Issuers issued $1.0 billion in aggregate principal amount of 9.25% senior secured notes due 2025 (the “2025 Senior Secured Notes”). The Issuers received net proceeds of approximately $984.8 million from the offering after deducting the initial purchasers’ discount and estimated offering expenses. The 2025 Senior Secured Notes are guaranteed on a senior secured basis by the majority of PBF Holding’s subsidiaries. The 2025 Senior Secured Notes and guarantees are senior obligations and secured, subject to certain exceptions and permitted liens, on a first-priority basis, by substantially all of PBF Holding’s and the guarantors’ present and future assets (other than assets securing PBF Holding’s Revolving Credit Facility), which may also constitute collateral securing certain hedging obligations and any existing or future indebtedness that is permitted to be secured on a pari passu non-guarantor non-investment At any time prior to May 15, 2022, the Issuers may on any one or more occasions redeem up to 35% of the aggregate principal amount of the 2025 Senior Secured Notes in an amount not greater than the net cash proceeds of certain equity offerings at a redemption price equal to 109.250% of the principal amount of the 2025 Senior Secured Notes, plus any accrued and unpaid interest through the date of redemption. On or after May 15, 2022, the Issuers may redeem all or part of the 2025 Senior Secured Notes, in each case at the redemption prices described in the indenture, together with any accrued and unpaid interest through the date of redemption. In addition, prior to May 15, 2022, the Issuers may redeem all or part of the 2025 Senior Secured Notes at a “make-whole” redemption price described in the indenture, together with any accrued and unpaid interest to the date of redemption. In addition, the Issuers may redeem in the aggregate up to 35% of the original aggregate principal amount of the 2025 Senior Secured Notes in an amount not to exceed the net cash proceeds of any loan received pursuant to a Regulatory Debt Facility (as defined in the indenture) at a redemption price (expressed as a percentage of principal amount thereof) of 104.625%, plus accrued and unpaid interest, if any, to, but excluding, the redemption date, provided, however, that at least 65% of the original aggregate principal amount of 2025 Senior Secured Notes originally issued under the indenture remains outstanding after the occurrence of each such redemption. PBF Holding Revolving Credit Facility The Revolving Credit Facility has a maximum commitment of $3.4 billion, a maturity date of May 2023, and a Borrowing Base, as defined in the agreement governing the Revolving Credit Facility (the “Revolving Credit Agreement”) to make funds available for working capital and other general corporate purposes. Borrowings under the Revolving Credit Facility bear interest at the Alternative Base Rate plus the Applicable Margin or at the Adjusted LIBOR plus the Applicable Margin, all as defined in the Revolving Credit Agreement. In addition, an accordion feature allows for commitments of up to $3.5 billion. The outstanding borrowings under the Revolving Credit Facility as of June 30, 2020 were $600.0 million. There were no outstanding borrowings under the Revolving Credit Facility as of December 31, 2019. On February 18, 2020, in connection with its entry into a $300.0 million uncommitted receivables purchase facility (the “Receivables Facility”), the Company amended the Revolving Credit Agreement and entered into a related intercreditor agreement to allow it to sell certain Eligible Receivables (as defined in the Revolving Credit Agreement) derived from the sale of refined product over truck racks. Under the Receivables Facility, the Company sells such receivables to a bank subject to bank approval and certain conditions. The sales of receivables under the Receivables Facility are absolute and irrevocable but subject to certain repurchase obligations under certain circumstances. On May 7, 2020, the Company further amended the Revolving Credit Facility, to increase its ability to incur certain secured debt from an amount equal to 10% of its total assets to 20% of its total assets.	7. CREDIT FACILITIES AND DEBT Long-term debt outstanding consisted of the following: (in millions) December 31, 2019 December 31, 2018 2025 Senior Notes $ 725.0 $ 725.0 2023 Senior Notes 500.0 500.0 PBF Rail Term Loan 14.5 21.6 Catalyst financing arrangements 47.6 44.3 Revolving Credit Facility — — 1,287.1 1,290.9 Less - Current debt — (2.4 ) Unamortized deferred financing costs (24.3 ) (30.5 ) Long-term debt $ 1,262.8 $ 1,258.0 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 a new asset-based revolving credit agreement (the “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. There were no outstanding borrowings under the Revolving Credit Facility as of December 31, 2019 and December 31, 2018. Issued letters of credit were $221.4 million and $400.7 million, as of December 31, 2019 and December 31, 2018, respectively. Senior Notes On February 9, 2012, PBF Holding and PBF Holding’s wholly-owned subsidiary, PBF Finance Corporation (“PBF Finance”), completed the offering of $675.5 million aggregate principal amount of 8.25% Senior Secured Notes due 2020 (the “2020 Senior Secured Notes”). On November 24, 2015, PBF Holding and PBF Holding’s wholly-owned subsidiary, PBF Finance completed an offering of $500.0 million in aggregate principal amount of 7.00% Senior Secured Notes due 2023 (the “2023 Senior Notes”, and together with the 2020 Senior Secured Notes, the “Senior Secured Notes”). The net proceeds from this offering were approximately $490.0 million after deducting the initial purchasers’ discount and offering expenses. The Senior Secured Notes were secured on a first-priority basis by substantially all of the present and future assets of PBF Holding and its subsidiaries (other than assets securing the Revolving Credit Facility). Payment of the Senior Secured Notes is jointly and severally guaranteed by substantially all of PBF Holding’s subsidiaries. PBF Holding has optional redemption rights to repurchase all or a portion of the Senior Secured Notes at varying prices no less than 100% of the principal amounts of the notes plus accrued and unpaid interest. The holders of the Senior Secured 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 agreement. In addition, the Senior Secured Notes contain customary terms, events of default and covenants for an issuer of non-investment At all times after (a) a covenant suspension event (which requires that the Senior Secured Notes have investment grade ratings from Moody’s Investors Service, Inc. and Standard & Poor’s Financial Services LLC), or (b) a Collateral Fall-Away Event, as defined in the indenture, the Senior Secured Notes will become unsecured. On May 30, 2017, PBF Holding entered into an Indenture (the “Indenture”) among PBF Holding and PBF Finance (the “Issuers”), the guarantors named therein (collectively the “Guarantors”) and Wilmington Trust, National Association, as Trustee, under which the Issuers issued $725.0 million in aggregate principal amount of 7.25% senior notes due 2025 (the “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 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 difference between the carrying value of the 2020 Senior Secured 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 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 and 2023 Senior 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 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 Upon the satisfaction and discharge of the 2020 Senior Secured Notes in connection with the closing of the Tender Offer and the redemption described above, a Collateral Fall-Away Event under the indenture governing the 2023 Senior Notes occurred on May 30, 2017, and the 2023 Senior Notes became unsecured and certain covenants were modified, as provided for in the indenture governing the 2023 Senior Notes and related documents. The 2025 Senior Notes and the 2023 Senior Notes are collectively referred to as the “Senior Notes”. As disclosed in “Note 19 - Subsequent Events”, on January 24, 2020, PBF Holding issued $1.0 billion in aggregate principal amount of 6.00% senior unsecured notes due 2028 (the “2028 Senior Notes”). The proceeds from this notes issuance were used in part to subsequently redeem the outstanding 2023 Senior Notes. 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”) with a bank previously party to the Rail Facility. The PBF Rail Term Loan amortizes monthly over its five year term and bears interest at a rate equal to one month LIBOR plus the margin as defined in the agreement governing the PBF Rail Term Loan (the “Rail Credit Agreement”). As security for the PBF Rail Term Loan, PBF Rail pledged, among other things: (i) certain Eligible Railcars; (ii) the Debt Service Reserve Account (as defined in the Rail Credit Agreement); and (iii) PBF Holding’s membership interest in PBF Rail. Additionally, the Rail Credit Agreement contains customary terms, events of default and covenants for transactions of this nature. PBF Rail may at any time repay the PBF Rail Term Loan without penalty in the event that railcars securing the loan are sold, scrapped or otherwise removed from the collateral pool. The outstanding balances under the PBF Rail Term Loan were $14.5 million and $21.6 million as of December 31, 2019 and December 31, 2018, respectively. 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 then borrowed back the precious metal catalysts under financing 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 precious metal catalysts in question 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 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, 2019 are included in the following table: Annual interest Expiration date Paulsboro catalyst financing arrangement 1.47 % December 2022 Delaware City catalyst financing arrangement 1.35 % October 2020 (1) Toledo catalyst financing arrangement 1.75 % June 2020 (1) Chalmette catalyst financing arrangements 2.10 % October 2021 1.80 % November 2022 Torrance catalyst financing arrangement 1.78 % July 2022 (1) These catalyst financing arrangements are included in Long-term debt as of December 31, 2019 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 $0.7 million and $1.0 million as of December 31, 2019 and 2018, respectively. Debt Maturities Debt maturing in the next five years and thereafter is as follows (in millions): Year Ending December 31, 2020 $ 21.4 2021 19.8 2022 20.9 2023 500.0 2024 — Thereafter 725.0 $ 1,287.1

OTHER LONG-TERM LIABILITIES

OTHER LONG-TERM LIABILITIES	12 Months Ended
OTHER LONG-TERM LIABILITIES	Dec. 31, 2019
Other Liabilities Disclosure [Abstract]
OTHER LONG-TERM LIABILITIES	8. OTHER LONG-TERM LIABILITIES Other long-term liabilities consisted of the following: (in millions) December 31, December 31, Environmental liabilities $ 119.9 $ 135.1 Defined benefit pension plan liabilities 73.8 75.0 Long-term finance lease liabilities 18.4 — Early railcar return liability 17.6 23.3 Post-retirement medical plan liabilities 17.5 19.3 Other 4.1 0.8 Total other long-term liabilities $ 251.3 $ 253.5

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	6 Months Ended	12 Months Ended
RELATED PARTY TRANSACTIONS	Jun. 30, 2020	Dec. 31, 2019
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	7. RELATED PARTY TRANSACTIONS Transactions and Agreements with PBFX The Company entered into agreements with PBFX that establish fees for certain general and administrative services, and operational and maintenance services provided by the Company to PBFX. In addition, the Company executed terminal, pipeline and storage services agreements with PBFX under which PBFX provides commercial transportation, terminaling, storage and pipeline services to the Company. These agreements with PBFX include: Contribution Agreements Immediately prior to the closing of certain contribution agreements, which PBF LLC entered into with PBFX (collectively referred to as the “Contribution Agreements”), the Company contributed certain assets to PBF LLC. PBF LLC in turn contributed those assets to PBFX pursuant to the Contribution Agreements. Certain proceeds received by PBF LLC from PBFX in accordance with the Contribution Agreements were subsequently contributed by PBF LLC to the Company. Refer to the Company’s financial statements for the year ended December 31, 2019 in this prospectus (“Note 9 - Related Party Transactions” of the Notes to Consolidated Financial Statements) for a more complete description of the Contribution Agreements with PBFX that were entered into prior to 2020. Commercial Agreements The Company has entered into long-term, fee-based Refer to the Company’s financial statements for the year ended December 31, 2019 in this prospectus (“Note 9 - Related Party Transactions” of the Notes to Consolidated Financial Statements) for a more complete description of the Company’s commercial agreements with PBFX, including those identified as leases, that were entered into prior to 2020. No new material agreements, or amendments, were entered into during the six months ended June 30, 2020. Other Agreements In addition to the commercial agreements described above, the Company has entered into an omnibus agreement with PBFX, PBF GP and PBF LLC, which has been amended and restated in connection with certain Contribution Agreements (as amended, the “Omnibus Agreement”). The Omnibus Agreement addresses the payment of an annual fee for the provision of various general and administrative services and reimbursement of salary and benefit costs for certain PBF Energy employees. The annual fee was increased to $8.3 million effective as of January 1, 2020. Additionally, the Company and certain of its subsidiaries have entered into an operation and management services and secondment agreement with PBFX (as amended, the “Services Agreement”), pursuant to which the Company and its subsidiaries provide PBFX with the personnel necessary for PBFX to perform its obligations under its commercial agreements. PBFX reimburses the Company for the use of such employees and the provision of certain infrastructure-related services to the extent applicable to its operations, including storm water discharge and waste water treatment, steam, potable water, access to certain roads and grounds, sanitary sewer access, electrical power, emergency response, filter press, fuel gas, API solids treatment, fire water and compressed air. The Services Agreement will terminate upon the termination of the Omnibus Agreement, provided that PBFX may terminate any service upon 30-days’ Refer to the Company’s financial statements for the year ended December 31, 2019 in this prospectus (“Note 9 - Related Party Transactions” of the Notes to Consolidated Financial Statements) for a more complete description of the Omnibus Agreement and the Services Agreement. Summary of Transactions with PBFX A summary of the Company’s affiliate transactions with PBFX is as follows: Three Months Ended Six Months Ended (in millions) 2020 2019 2020 2019 Reimbursements under affiliate agreements: Services Agreement $ 2.1 $ 2.2 $ 4.3 $ 4.3 Omnibus Agreement 1.9 1.7 3.9 3.5 Total expenses under affiliate agreements 72.4 74.7 147.9 146.0 Total reimbursements under the Omnibus Agreement are included in General and administrative expenses and reimbursements under the Services Agreement and expenses under affiliate agreements are included in Cost of products and other in the Company’s Condensed Consolidated Statements of Operations.	9. RELATED PARTY TRANSACTIONS Transactions and Agreements with PBFX PBF Holding entered into agreements with PBFX that establish fees for certain general and administrative services, and operational and maintenance services provided by the Company to PBFX. In addition, the Company executed terminal, pipeline and storage services agreements with PBFX under which PBFX provides commercial transportation, terminaling, storage and pipeline services to the Company. These agreements with PBFX include: Contribution Agreements Immediately prior to the closing of certain contribution agreements, which PBF LLC entered into with PBFX (as defined in the table below, and collectively referred to as the “Contribution Agreements”), PBF Holding contributed certain assets to PBF LLC. PBF LLC in turn contributed those assets to PBFX pursuant to the Contribution Agreements. Certain proceeds received by PBF LLC from PBFX in accordance with the Contribution Agreements were subsequently contributed by PBF LLC to PBF Holding. The Contribution Agreements include the following: Contribution Agreement Effective Date Assets Contributed Total Consideration Contribution Agreement I 5/8/2014 DCR Rail Terminal and the Toledo Truck Terminal 74,053 PBFX common units and 15,886,553 PBFX subordinated units Contribution Agreement II 9/16/2014 DCR West Rack $135.0 million in cash and $15.0 million through the issuance of 589,536 PBFX common units Contribution Agreement III 12/2/2014 Toledo Storage Facility $135.0 million in cash and $15.0 million through the issuance of 620,935 PBFX common units Contribution Agreement IV 5/5/2015 DCR Products Pipeline and DCR Truck Rack $112.5 million in cash and $30.5 million through the issuance of 1,288,420 PBFX common units Contribution Agreement V 8/31/2016 Torrance Valley Pipeline (50% equity interest in TVPC) $175.0 million in cash Contribution Agreement VI 2/15/2017 Paulsboro Natural Gas Pipeline $11.6 million affiliate promissory note (a) Contribution Agreements VII-X 7/16/2018 Development Assets (b) $31.6 million through the issuance of 1,494,134 PBFX common units Contribution Agreement XI 4/24/2019 Remaining 50% equity interest in TVPC (c) $200.0 million in cash (a) As a result of the completion of the interstate natural gas pipeline that serves the Paulsboro refinery (the “Paulsboro Natural Gas Pipeline”) in the fourth quarter of 2017, PBF Holding received full payment for the affiliate promissory note due from PBFX. (b) On July 16, 2018, PBFX entered into four contribution agreements with PBF LLC pursuant to which the Company contributed to PBF LLC certain of its subsidiaries (the “Development Assets Contribution Agreements”). Pursuant to the Development Asset Contribution Agreements, the Company 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 (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 PBF LLC. PBFX Operating Company LP, PBFX’s wholly-owned subsidiary, in turn acquired the limited liability company interests in the Development Assets from PBF LLC in connection with the Development Assets Contribution Agreements effective as of July 31, 2018. (c) On April 24, 2019, PBFX entered into a contribution agreement with PBF LLC, pursuant to which the Company contributed to PBF LLC, which in turn 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 (then a subsidiary of PBF Holding) owned a 50% equity interest in Torrance Valley Pipeline Company LLC (“TVPC”). Subsequent to the closing of the TVPC Acquisition on May 31, 2019, PBFX owns 100% of the equity interest in TVPC. Commercial Agreements with PBFX PBF Holding has entered into long-term, fee-based These commercial agreements (as defined in the table below) with PBFX include: Service Agreements Initiation Initial Renewals (a) MVC Force Transportation and Terminaling Amended and Restated Rail Agreements (b) 5/8/2014 7 years, N/A 125,000 bpd PBF Toledo Truck Unloading & Terminaling Services Agreement (c) 5/8/2014 7 years, 2 x 5 5,500 bpd Toledo Storage Facility Storage and Terminaling Services Agreement- Terminaling Facility (c) 12/12/2014 10 years 2 x 5 4,400 bpd Delaware Pipeline Services 5/15/2015 10 years, 2 x 5 50,000 bpd Delaware Pipeline Services Agreement- Magellan Connection 11/1/2016 2 years, See note (d) See note (d) Delaware City Truck Loading Services Agreement- Gasoline 5/15/2015 10 years, 2 x 5 30,000 bpd Delaware City Truck Loading Services Agreement- LPGs 5/15/2015 10 years, 2 x 5 5,000 bpd East Coast Terminals Terminaling Services Agreements (e) 5/1/2016 Various (f) Evergreen 15,000 bpd (g) East Coast Terminals Tank Lease Agreements 5/1/2016 Various (f) Evergreen 350,000 Torrance Valley Pipeline Transportation Services Agreement- North Pipeline (c) 8/31/2016 10 years 2 x 5 50,000 bpd Torrance Valley Pipeline Transportation Services Agreement- South Pipeline (c) 8/31/2016 10 years 2 x 5 75,000 bpd (i) Torrance Valley Pipeline Transportation Services Agreement- Midway Storage Tank (c) 8/31/2016 10 years 2 x 5 55,000 barrels (h) Torrance Valley Pipeline Transportation Services Agreement- Emidio Storage Tank (c) 8/31/2016 10 years 2 x 5 900,000 barrels Torrance Valley Pipeline Transportation Services Agreement- Belridge Storage Tank (c) 8/31/2016 10 years 2 x 5 770,000 barrels Paulsboro Natural Gas Pipeline Services Agreement (c) (j) 8/4/2017 15 years Evergreen 60,000 dekatherms Knoxville Terminals Agreement- Terminaling Services 4/16/2018 5 years Evergreen Various (k) Knoxville Terminals Agreement- Tank Lease (c) 4/16/2018 5 years Evergreen 115,334 Toledo Rail Loading 7/31/2018 7 years, 2 x 5 Various (l) Chalmette Terminal Throughput Agreement 7/31/2018 1 year Evergreen N/A Chalmette Rail Unloading 7/31/2018 7 years, 2 x 5 7,600 bpd DSL Ethanol Throughput 7/31/2018 7 years, 2 x 5 5,000 bpd Delaware City Terminaling Services Agreement (m) 1/1/2022 4 years 2 x 5 95,000 bpd Storage Toledo Storage Facility Storage and Terminaling Services Agreement- Storage Facility (c) 12/12/2014 10 years 2 x 5 3,849,271 PBF Chalmette Storage See note (n) 10 years 2 x 5 625,000 East Coast Storage Assets Terminal Storage Agreement 1/1/2019 8 years Evergreen 2,953,725 (a) PBF Holding has the option to extend the agreements for up to two additional five-year terms, as applicable. (b) The Amended and Restated Rail Agreements, as amended and effective as of January 1, 2018, include the Amended and Restated Delaware City Rail Terminaling Services Agreement and the Amended and Restated Delaware West Ladder Rack Terminaling Services Agreement, each between Delaware City Terminaling Company LLC (“DCTC”) and PBF Holding, with the service fees thereunder being adjusted, including the addition of an ancillary fee paid by PBF Holding on an actual cost basis. In determining payments due under the Amended and Restated Rail Agreements, excess volumes throughput under the agreements shall apply against required payments in respect to the minimum throughput commitments on a quarterly basis and, to the extent not previously applied, on an annual basis against the MVCs. Effective January 1, 2019, the existing Amended and Restated Rail Agreements were further amended for the inclusion of services through certain rail infrastructure at the East Coast Storage Assets. (c) These commercial agreements with PBFX are considered leases. (d) In connection with the inclusion of an additional destination at the Magellan connection under the Delaware Pipeline Services Agreement, PBF Holding and Delaware Pipeline Company LLC agreed to a two-year, (e) Subsequent to the PBFX acquisition of the Toledo, Ohio refined products terminal assets (the “Toledo Products Terminal”), the Toledo Products Terminal was added to the East Coast Terminals Terminaling Services Agreements. (f) The East Coast Terminals related party agreements include varying initial term lengths, ranging from one to five years. (g) The East Coast Terminals Terminaling Service Agreements have no MVCs and are billed based on actual volumes throughput, other than a terminaling services agreement between PBFX’s East Coast Terminals’ Paulsboro, New Jersey location and PBF Holding’s Paulsboro refinery with a 15,000 bpd MVC. (h) Reflects the overall capacity as stipulated by the storage agreement. The storage MVC is subject to the effective operating capacity of each tank, which can be impacted by routine tank maintenance and other factors. PBF Holding’s available shell capacity may be subject to change as agreed to by PBF Holding and PBFX. (i) In connection with the TVPC Acquisition on May 31, 2019, the Torrance Valley Pipeline Transportation Services Agreement- South Pipeline was amended and restated to increase the MVC from 70,000 bpd to 75,000 bpd. (j) In August 2017, the Paulsboro Natural Gas Pipeline commenced service. Concurrent with the commencement of operations, a new services agreement was entered into between Paulsboro Natural Gas Pipeline Company LLC and PRC regarding the Paulsboro Natural Gas Pipeline. (k) The minimum throughput revenue commitment for the Knoxville Terminals Agreement- Terminaling Services is $0.9 million for year one, $1.8 million for year two and $2.7 million for year three and thereafter. (l) Under the Toledo Rail Loading Agreement, PBF Holding has minimum throughput commitments for (i) 30 railcars per day of products and (ii) 11.5 railcars per day of premium products. The Toledo Rail Loading Agreement also specifies a maximum throughput rate of 50 railcars per day. (m) The Delaware City Terminaling Services Agreement between DCTC and PBF Holding will commence in 2022 subsequent to the expiration of the Amended and Restated Rail Agreements and includes additional services to be provided by PBFX as operator of other rail facilities owned by PBF Holding’s subsidiaries. (n) The Chalmette Storage Services Agreement was entered into on February 15, 2017 and commenced on November 1, 2017. Omnibus Agreement In addition to the commercial agreements described above, PBF Holding entered into an omnibus agreement with PBFX, PBF GP and PBF LLC, which has been amended and restated in connection with certain of the Contribution Agreements with PBFX, PBF GP and PBF LLC (as amended, the “Omnibus Agreement”) for the provision of executive management services and support for accounting and finance, legal, human resources, information technology, environmental, health and safety, and other administrative functions, as well as (i) PBF LLC’s agreement not to compete with PBFX under certain circumstances, subject to certain exceptions, (ii) PBFX’s right of first offer for ten years to acquire certain logistics assets retained by PBF Energy following the PBFX Offering, including certain logistics assets that PBF LLC or its subsidiaries may construct or acquire in the future, subject to certain exceptions, and (iii) a license to use the PBF Logistics trademark and name. The annual fee under the Omnibus Agreement for the year ended December 31, 2019 was $7.7 million, inclusive of obligations under the Omnibus Agreement to reimburse PBF Holding for certain compensation and benefit costs of employees who devote more than 50% of their time to PBFX for the year ending December 31, 2019. The annual fee was increased to $8.3 million effective as of January 1, 2020, inclusive of estimated obligations under the Omnibus Agreement to reimburse PBF Holding for certain compensation and benefit costs of employees who devote more than 50% of their time to PBFX for the year ending December 31, 2020. Services Agreement Additionally, PBF Holding and certain of its subsidiaries entered into an operation and management services and secondment agreement with PBFX (as amended, the “Services Agreement”), pursuant to which PBF Holding and its subsidiaries provide PBFX with the personnel necessary for PBFX to perform its obligations under the commercial agreements. PBFX reimburses PBF Holding for the use of such employees and the provision of certain infrastructure-related services to the extent applicable to its operations, including storm water discharge and waste water treatment, steam, potable water, access to certain roads and grounds, sanitary sewer access, electrical power, emergency response, filter press, fuel gas, API solids treatment, fire water and compressed air. For the year ended December 31, 2019, PBFX paid an annual fee of $8.6 million to PBF Holding pursuant to the Services Agreement and is expected to pay the same annual fee to PBF Holding pursuant to the Services Agreement for the year ending December 31, 2020. The Services Agreement will terminate upon the termination of the Omnibus Agreement, provided that PBFX may terminate any service on 30-days’ Summary of Transactions with PBFX A summary of our affiliate transactions with PBFX is as follows: Year Ended December 31, (in millions) 2019 2018 2017 Reimbursements under affiliate agreements: Services Agreement $ 8.6 $ 7.5 $ 6.6 Omnibus Agreement 7.7 7.5 6.9 Total expenses under affiliate agreements 300.9 259.4 240.7 Total reimbursements under the Omnibus Agreement are included in General and administrative expenses and reimbursements under the Services Agreement and expenses under affiliate agreements are included in Cost of products and other in the Company’s statements of operations. Financial Sponsors As of December 31, 2013 PBF Energy’s financial sponsors had received the full return of their aggregate amount invested in PBF LLC Series A Units. As a result, pursuant 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 ending December 31, 2019 and 2018.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	6 Months Ended	12 Months Ended
COMMITMENTS AND CONTINGENCIES	Jun. 30, 2020	Dec. 31, 2019
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	8. COMMITMENTS AND CONTINGENCIES In the ordinary conduct of the Company’s business, the Company is from time to time subject to lawsuits, investigations and claims, including class action proceedings, mass tort actions, tort actions, environmental claims and employee-related matters. The outcome of these matters cannot always be predicted accurately, but the Company accrues liabilities for these matters if the Company has determined that it is probable a loss has been incurred and the loss can be reasonably estimated. For such ongoing matters for which we have not recorded a liability but losses are reasonably possible, we are unable to estimate a range of possible losses at this time due to various reasons that may include but are not limited to, matters being in an early stage and not fully developed through pleadings, discovery or court proceedings, number of potential claimants being unknown or uncertainty regarding a number of different factors underlying the potential claims. However, the ultimate resolution of one or more of these contingencies could result in an adverse outcome that may have a material effect on our financial position, results of operations or cash flows. Environmental Matters The Company’s refineries, pipelines and related operations are subject to extensive and frequently changing federal, state and local laws and regulations, including, but not limited to, those relating to the discharge of materials into the environment or that otherwise relate to the protection of the environment, waste management and the characteristics and the compositions of fuels. Compliance with existing and anticipated laws and regulations can increase the overall cost of operating the refineries, including remediation, operating costs and capital costs to construct, maintain and upgrade equipment and facilities. These laws and permits raise potential exposure to future claims and lawsuits involving environmental and safety matters which could include soil and water contamination, air pollution, personal injury and property damage allegedly caused by substances which the Company manufactured, handled, used, released or disposed of, transported, or that relate to pre-existing In connection with the acquisition of the Torrance refinery and related logistics assets, the Company assumed certain pre-existing clean-up non-current The aggregate environmental liability reflected in the Company’s Condensed Consolidated Balance Sheets was $156.7 million and $132.2 million at June 30, 2020 and December 31, 2019, respectively, of which $143.5 million and $119.9 million, respectively, were classified as Other long-term liabilities. These liabilities include remediation and monitoring costs expected to be incurred over an extended period of time. Estimated liabilities could increase in the future when the results of ongoing investigations become known, are considered probable and can be reasonably estimated. Contingent Consideration In connection with the Martinez Acquisition, the Sale and Purchase Agreement includes an earn-out earn-out earn-out	10. COMMITMENTS AND CONTINGENCIES Other Commitments In addition to commitments related to lease obligations accounted for in accordance with ASC 842 and disclosed in “Note 11 - Leases”, the Company is party to third party agreements which provide for the treatment of wastewater and the supply of hydrogen and steam for certain of its refineries as well as minimum volume commitments under certain affiliate agreements with PBFX. Fixed and determinable obligations related to the above agreements are as follows (in millions): Year Ending December 31, 2020 $ 144.2 2021 137.2 2022 109.2 2023 106.7 2024 105.7 Thereafter 242.8 Total obligations $ 845.8 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 In connection with the acquisition of the Torrance refinery and related logistics assets, the Company assumed certain pre-existing clean-up non-current The environmental liability reflected in the Company’s Consolidated Balance Sheets was $132.2 million and $141.6 million at December 31, 2019 and December 31, 2018, respectively, of which $119.9 million and $135.1 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 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 (“RFS”) 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. In July 2018, EPA issued proposed amendments to RFS 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. In addition, on November 26, 2018 EPA finalized revisions to an existing air regulation concerning Maximum Achievable Control Technologies for Petroleum Refineries. The regulation requires additional continuous monitoring systems for eligible process safety valves relieving to atmosphere, minimum flare gas heat (Btu) content, and delayed coke drum vent controls to be installed by January 30, 2019. In addition, a program for ambient fence line monitoring for benzene was implemented prior to the deadline of January 30, 2018. The regulation does not have a material impact on our financial position, results of operations or cash flows. 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, which was extended for an additional ten years to 2030 in July 2017. The Company is responsible for the AB32 obligations related to the Torrance refinery beginning on July 1, 2016 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. 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 standards 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. Tax Receivable Agreement PBF Energy (the Company’s indirect parent) 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 or PBF Holding. 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 PBF LLC generally obtains funding to pay its tax distributions by causing PBF Holding to distribute cash to PBF LLC and from distributions it receives from PBFX. As a result of the reduction of the corporate federal tax rate to 21% as part of the Tax Cuts and Jobs Act (“TCJA”), PBF Energy’s liability associated with the Tax Receivable Agreement was reduced.

LEASES

LEASES	6 Months Ended	12 Months Ended
LEASES	Jun. 30, 2020	Dec. 31, 2019
Leases [Abstract]
LEASES	9. LEASES The Company leases office space, office equipment, refinery support facilities and equipment, railcars and other logistics assets primarily under non-cancelable right-of-use 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 non-lease Lease Position as of June 30, 2020 and December 31, 2019 The table below presents the lease related assets and liabilities recorded on the Company’s Condensed Consolidated Balance Sheets for the periods presented: (in millions) Classification on the June 30, 2020 December 31, Assets Operating lease assets - third party Lease right of use assets - third party $ 407.4 $ 306.1 Operating lease assets - affiliate Lease right of use assets - affiliate 611.7 650.3 Finance lease assets Lease right of use assets - third party 81.3 24.2 Total lease right of use assets $ 1,100.4 $ 980.6 Liabilities Current liabilities: Operating lease liabilities - third party Current operating lease liabilities - third party $ 148.5 $ 72.0 Operating lease liabilities - affiliate Current operating lease liabilities - affiliate 82.2 79.2 Finance lease liabilities - third party Accrued expenses 12.8 6.5 Noncurrent liabilities: Operating lease liabilities - third party Long-term operating lease liabilities - third party 257.2 232.9 Operating lease liabilities - affiliate Long-term operating lease liabilities - affiliate 529.4 571.1 Finance lease liabilities - third party Long-term financing lease liabilities - third party 70.0 18.4 Total lease liabilities $ 1,100.1 $ 980.1 Lease Costs The table below provides certain information related to costs for the Company’s leases for the periods presented: Three Months Ended Six Months Ended Lease Costs (in millions) 2020 2019 2020 2019 Components of total lease costs: Finance lease cost Amortization of lease right of use assets $ 3.6 $ 0.4 $ 6.5 $ 0.4 Interest on lease liabilities 1.1 0.2 2.0 0.2 Operating lease cost 74.2 62.9 134.7 116.2 Short-term lease cost 26.6 25.1 48.6 48.4 Variable lease cost 8.2 4.1 18.8 14.2 Total lease costs $ 113.7 $ 92.7 $ 210.6 $ 179.4 Sale-leaseback Transactions On April 17, 2020, the Company closed on the sale of five hydrogen plants to Air Products and Chemicals, Inc. (“Air Products”) in a sale-leaseback transaction for gross cash proceeds of $530.0 million and recognized a gain of $471.1 million. In connection with the sale, the Company entered into a transition services agreement through which Air Products will exclusively supply hydrogen, steam, carbon dioxide and other products (the “Products”) to the Martinez, Torrance and Delaware City refineries for a specified period (not expected to exceed 18 months) until the parties agree on a long-term supply agreement for the Products. The transition services agreement also requires certain maintenance and operating activities to be provided by PBF Holding, for which the Company will be reimbursed, during the term of the agreement. Other Information The table below provides supplemental cash flow information related to leases for the periods presented (in millions): Six Months Ended 2020 2019 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows for operating leases $ 135.2 $ 108.4 Operating cash flows for finance leases 2.0 0.2 Financing cash flows for finance leases 5.7 0.2 Supplemental non-cash 224.3 160.1 Lease Term and Discount Rate The table below presents certain information related to the weighted average remaining lease term and weighted average discount rate for the Company’s leases as of June 30, 2020: Weighted average remaining lease term - operating leases 7.8 years Weighted average remaining lease term - finance leases 7.6 years Weighted average discount rate - operating leases 7.5% Weighted average discount rate - finance leases 5.3% Undiscounted Cash Flows The table below reconciles the fixed component of the undiscounted cash flows for each of the periods presented to the lease liabilities recorded on the Condensed Consolidated Balance Sheets as of June 30, 2020: Amounts due within twelve months of June 30, (in millions) Finance Leases Operating Leases 2020 $ 16.8 $ 299.0 2021 13.9 210.7 2022 11.1 173.3 2023 11.1 159.4 2024 11.1 142.5 Thereafter 37.0 396.6 Total minimum lease payments 101.0 1,381.5 Less: effect of discounting 18.2 364.2 Present value of future minimum lease payments 82.8 1,017.3 Less: current obligations under leases 12.8 230.7 Long-term lease obligations $ 70.0 $ 786.6 As of June 30, 2020, the Company entered into certain leases that had not yet commenced. Such leases include a 15-year In the normal course of business, the Company enters into certain affiliate lease arrangements with PBFX for the use of certain storage, terminaling and pipeline assets. The Company believes that the terms and conditions under these leases are generally no less favorable to either party than those that could have been negotiated with unaffiliated parties with respect to similar services. The terms for these affiliate leases generally range from seven to fifteen years. The Company uses the same methodology for discounting the lease payments on affiliate leases as it does for third party leases as described above. For the three and six months ended June 30, 2020, the Company incurred operating lease costs related to affiliate operating leases of $32.2 million and $64.5 million, respectively. For the three and six months ended June 30, 2019, the Company incurred operating lease costs related to affiliate operating leases of $36.7 million and $64.0 million, respectively.	11. LEASES The Company leases office space, office equipment, refinery facilities and equipment, railcars and other logistics assets primarily under non-cancelable right-of-use 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. The Company does not separate lease and nonlease components of contracts for any of its asset classes. 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 is 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 Lease Position as of 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, 2019: (in millions) Classification on the Balance Sheet December 31, Assets Operating lease assets - third party Operating lease right of use assets - third party $ 306.1 Operating lease assets - affiliate Operating lease right of use assets - affiliate 650.3 Finance lease assets Deferred charges and other assets, net 24.2 Total lease right of use assets $ 980.6 Liabilities Current liabilities: Operating lease liabilities - third party Current operating lease liabilities - third party $ 72.0 Operating lease liabilities - affiliate Current operating lease liabilities - affiliate 79.2 Finance lease liabilities - third party Accrued expenses 6.5 Noncurrent liabilities: Operating lease liabilities - third party Long-term operating lease liabilities - third party 232.9 Operating lease liabilities - affiliate Long-term operating lease liabilities - affiliate 571.1 Finance lease liabilities - third party Other long-term liabilities 18.4 Total lease liabilities $ 980.1 Lease Costs The table below presents certain information related to costs for the Company’s leases for the year ended December 31, 2019: Lease Costs (in millions) Year Ended December 31, 2019 Components of total lease costs: Finance lease costs Amortization of lease right of use assets $ 2.0 Interest on lease liabilities 0.8 Operating lease costs 239.6 Short-term lease costs 89.2 Variable lease costs 31.6 Total lease costs $ 363.2 There were no net gains or losses on any sale-leaseback transactions for the year ended December 31, 2019. Other Information The table below presents supplemental cash flow information related to leases for the year ended December 31, 2019 (in millions): Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows for operating leases $ 241.1 Operating cash flows for finance leases 0.8 Financing cash flows for finance leases 1.4 Supplemental non-cash right-of-use 340.2 Lease Term and Discount Rate The table below presents certain information related to the weighted average remaining lease term and weighted average discount rate for the Company’s leases as of December 31, 2019: Weighted average remaining lease term - operating leases 8.8 years Weighted average remaining lease term - finance leases 6.1 years Weighted average discount rate - operating leases 7.95 % Weighted average discount rate - finance leases 5.98 % 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, 2019: Amounts due in the year ended December 31, (in millions) Finance Leases Operating Leases 2020 $ 7.8 $ 222.4 2021 7.8 188.3 2022 2.0 168.9 2023 2.0 159.2 2024 2.0 159.6 Thereafter 8.8 449.9 Total minimum lease payments 30.4 1,348.3 Less: effect of discounting 5.5 393.1 Present value of future minimum lease payments 24.9 955.2 Less: current obligations under leases 6.5 151.2 Long-term lease obligations $ 18.4 $ 804.0 As of December 31, 2019, the Company has entered into certain leases that have not yet commenced. Such leases include a 15-year In the normal course of business, the Company enters into certain affiliate lease arrangements with PBFX for the use of certain storage, terminaling and pipeline assets. The Company believes the terms and conditions under these leases are generally no less favorable to either party than those that could have been negotiated with unaffiliated parties with respect to similar services. The terms for these affiliate leases generally range from seven to fifteen years. The Company uses the same methodology for discounting the lease payments on affiliate leases as it does for third party leases as described above. For the year ended December 31, 2019, the Company incurred operating lease costs, related to affiliate operating leases, of $130.0 million. As of December 31, 2019, the Company had recorded right-of-use

EQUITY STRUCTURE

EQUITY STRUCTURE	12 Months Ended
EQUITY STRUCTURE	Dec. 31, 2019
Equity [Abstract]
EQUITY STRUCTURE	12. EQUITY STRUCTURE PBF Holding has no common stock outstanding. As of December 31, 2019, 100% of the membership interests of PBF Holding were owned by PBF LLC, and PBF Finance had 100 shares of common stock outstanding, all of which were held by PBF Holding. The following sections represent the equity structure of the Company’s indirect and direct parents, PBF Energy and PBF LLC, respectively. PBF Energy Capital Structure PBF Energy Class A Common Stock Holders of Class A common stock are entitled to receive dividends when and if declared by the Board of Directors of PBF Energy 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 PBF Energy’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. PBF Energy 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. 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 2001-43 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. Noncontrolling Interest Subsequent to the Chalmette Acquisition, 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 (“Collins”) and T&M Terminal Company (“T&M”). In both of the years ended December 31, 2019 and 2018 the Company recorded earnings attributable to the noncontrolling interest in these subsidiaries of less than $0.2 million.

STOCK-BASED COMPENSATION

STOCK-BASED COMPENSATION	12 Months Ended
STOCK-BASED COMPENSATION	Dec. 31, 2019
Share-based Payment Arrangement [Abstract]
STOCK-BASED COMPENSATION	13. STOCK-BASED COMPENSATION Stock-based compensation expense included in general and administrative expenses consisted of the following: Years Ended December 31, (in millions) 2019 2018 2017 PBF Energy options $ 15.8 $ 11.5 $ 9.4 PBF Energy restricted shares 6.5 7.5 12.1 PBF Energy performance awards 8.2 1.2 — $ 30.5 $ 20.2 $ 21.5 PBF Energy options PBF Energy grants stock options which represent the right to purchase share of PBF Energy’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 four years 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, 2019 December 31, 2018 December 31, 2017 Expected life (in years) 6.25 6.25 6.25 Expected volatility 38.6 % 35.8 % 39.5 % Dividend yield 3.54 % 3.49 % 4.58 % Risk-free rate of return 2.16 % 2.82 % 2.09 % Exercise price $ 34.11 $ 35.25 $ 26.52 The following table summarizes activity for PBF Energy options for the years ended December 31, 2019, 2018 and 2017. Number of Weighted Weighted Stock-based awards, outstanding at January 1, 2017 5,970,625 $ 27.37 8.02 Granted 1,638,075 26.52 10.00 Exercised (462,500 ) 25.65 — Forfeited (263,425 ) 27.71 — Outstanding at December 31, 2017 6,882,775 $ 27.27 7.82 Granted 2,500,742 35.25 10.00 Exercised (884,878 ) 27.57 — Forfeited (141,981 ) 33.49 — Outstanding at December 31, 2018 8,356,658 $ 29.60 7.48 Granted 1,899,909 34.11 10.00 Exercised (49,656 ) 24.23 — Forfeited (132,995 ) 31.65 — Outstanding at December 31, 2019 10,073,916 $ 30.47 7.17 Exercisable and vested at December 31, 2019 5,345,051 $ 28.37 5.94 Exercisable and vested at December 31, 2018 3,531,066 $ 27.39 6.27 Exercisable and vested at December 31, 2017 2,958,875 $ 27.58 6.77 Expected to vest at December 31, 2019 10,073,916 $ 30.47 7.17 The total estimated fair value of PBF Energy options granted in 2019 and 2018 was $17.9 million and $23.9 million and the weighted average per unit fair value was $9.43 and $9.55. The total intrinsic value of stock options outstanding and exercisable at December 31, 2019, was $27.0 million and $20.0 million, respectively. The total intrinsic value of stock options outstanding and exercisable at December 31, 2018, was $36.5 million and $19.4 million, respectively. The total intrinsic value of stock options exercised during the years ended December 31, 2019 and 2018 was $0.3 million and $12.4 million, respectively. Unrecognized compensation expense related to PBF Energy options at December 31, 2019 was $34.5 million, which will be recognized from 2020 through 2023. Restricted Stock Awards The Company grants restricted stock to employees and non-employee non-employee non-forfeitable, non-vested The following table summarizes activity for PBF Energy Restricted Stock: Number of Weighted Average Grant Date Fair Value Nonvested at January 1, 2017 521,369 $ 24.89 Granted 762,425 25.86 Vested (172,978 ) 24.99 Forfeited (15,100 ) 24.18 Nonvested at December 31, 2017 1,095,716 $ 25.56 Granted 58,830 47.24 Vested (345,073 ) 26.13 Forfeited (15,519 ) 24.18 Nonvested at December 31, 2018 793,954 $ 26.88 Granted 58,324 28.20 Vested (356,204 ) 26.68 Forfeited (3,849 ) 24.18 Nonvested at December 31, 2019 492,225 $ 27.21 Unrecognized compensation expense related to PBF Energy Restricted Class A common stock at December 31, 2019 was $5.3 million, which will be recognized from 2020 through 2023. 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 are based on a three-year performance period (the “performance cycle”). 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 period. 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 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, 2019 December 31, 2018 Expected life (in years) 2.17 - 2.88 2.17 Expected volatility 37.19% - 41.70 % 39.04 % Dividend yield 3.40% - 3.67 % 2.95 % Risk-free rate of return 1.66% - 2.51 % 2.89 % Weighted average fair value per PSU $27.99 $ 50.23 The following table summarizes activity for PBF Energy performance share awards: Number of Weighted Average Grant Date Fair Value Nonvested at January 1, 2018 — $ — Granted 179,072 50.23 Forfeited — — Nonvested at December 31, 2018 179,072 $ 50.23 Granted 181,725 27.99 Forfeited — — Nonvested at December 31, 2019 360,797 $ 39.03 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. As of December 31, 2019, unrecognized compensation cost related to performance share unit awards was $8.5 million, which is expected to be recognized over a weighted average period of two 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 The following table summarizes activity for PBF Energy performance unit awards: Number of Nonvested at January 1, 2018 — Granted 7,279,188 Forfeited — Nonvested at December 31, 2018 7,279,188 Granted 7,751,658 Forfeited — Nonvested at December 31, 2019 15,030,846 As of December 31, 2019, unrecognized compensation cost related to performance unit awards was $8.2 million, which is expected to be recognized over a weighted average period of two years.

EMPLOYEE BENEFIT PLANS

EMPLOYEE BENEFIT PLANS	6 Months Ended	12 Months Ended
EMPLOYEE BENEFIT PLANS	Jun. 30, 2020	Dec. 31, 2019
Postemployment Benefits [Abstract]
EMPLOYEE BENEFIT PLANS	10. EMPLOYEE BENEFIT PLANS Effective February 1, 2020, the Company amended the PBF Energy Pension Plan to, among other things, incorporate into the plan all employees who became employed at the Company’s Martinez, California location on February 1, 2020, in connection with the Martinez Acquisition. The components of net periodic benefit cost related to the Company’s defined benefit plans consisted of the following: (in millions) Three Months Ended Six Months Ended Pension Benefits 2020 2019 2020 2019 Components of net periodic benefit cost: Service cost $ 15.1 $ 10.9 $ 28.9 $ 21.8 Interest cost 1.7 2.1 3.5 4.2 Expected return on plan assets (3.1 ) (2.4 ) (6.2 ) (4.8 ) Amortization of prior service cost and actuarial loss — — 0.1 0.1 Net periodic benefit cost $ 13.7 $ 10.6 $ 26.3 $ 21.3 (in millions) Three Months Ended Six Months Ended Post-Retirement Medical Plan 2020 2019 2020 2019 Components of net periodic benefit cost: Service cost $ 0.2 $ 0.3 $ 0.5 $ 0.5 Interest cost 0.1 0.1 0.2 0.3 Amortization of prior service cost and actuarial loss 0.2 0.2 0.3 0.3 Net periodic benefit cost $ 0.5 $ 0.6 $ 1.0 $ 1.1	14. 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 $27.5 million, $26.3 million and $23.3 million for the years ended December 31, 2019, 2018 and 2017, 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 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 and amended in 2016 to include Torrance 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, 2019 and 2018 were as follows: Pension Plans Post-Retirement (in millions) 2019 2018 2019 2018 Change in benefit obligation: Benefit obligation at beginning of year $ 218.4 $ 185.2 $ 19.3 $ 21.6 Service cost 43.6 47.4 1.0 1.1 Interest cost 8.3 5.8 0.7 0.7 Benefit payments (9.0 ) (7.2 ) (1.3 ) (0.7 ) Actuarial loss (gain) 9.9 (12.8 ) (2.2 ) (3.4 ) Projected benefit obligation at end of year $ 271.2 $ 218.4 $ 17.5 $ 19.3 Change in plan assets: Fair value of plan assets at beginning of year $ 143.4 $ 121.7 $ — $ — Actual return on plan assets 29.0 (6.2 ) — — Benefits paid (9.0 ) (7.2 ) (1.3 ) (0.7 ) Employer contributions 34.0 35.1 1.3 0.7 Fair value of plan assets at end of year $ 197.4 $ 143.4 $ — $ — Reconciliation of funded status: Fair value of plan assets at end of year $ 197.4 $ 143.4 $ — $ — Less benefit obligations at end of year 271.2 218.4 17.5 19.3 Funded status at end of year $ (73.8 ) $ (75.0 ) $ (17.5 ) $ (19.3 ) The accumulated benefit obligations for the Company’s Pension Plans exceed the fair value of the assets of those plans at December 31, 2019 and 2018. The accumulated benefit obligation for the defined benefit plans approximated $228.0 million and $184.5 million at December 31, 2019 and 2018, 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 2020 $ 14.7 $ 1.4 2021 17.3 1.5 2022 21.0 1.5 2023 19.3 1.5 2024 21.8 1.4 Years 2025-2029 143.8 7.3 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 $34.8 million to the Company’s Pension Plans during 2020. The components of net periodic benefit cost were as follows for the years ended December 31, 2019, 2018 and 2017: Pension Benefits Post-Retirement (in millions) 2019 2018 2017 2019 2018 2017 Components of net periodic benefit cost: Service cost $ 43.6 $ 47.4 $ 40.6 $ 1.0 $ 1.1 $ 1.2 Interest cost 8.3 5.8 4.3 0.7 0.7 0.8 Expected return on plan assets (9.6 ) (8.5 ) (5.8 ) — — — Settlement loss recognized — — 1.0 — — — Amortization of prior service cost and actuarial loss 0.3 0.2 0.5 0.5 0.7 0.6 Net periodic benefit cost $ 42.6 $ 44.9 $ 40.6 $ 2.2 $ 2.5 $ 2.6 Lump sum payments made by the Supplemental Plan to employees retiring in 2019 and 2018 did not exceed the Plan’s total service and interest costs expected for those years. Lump sum payments made by the Supplemental Plan to employees retiring in 2017 exceeded the Plan’s total service and interest costs expected for 2017. Settlement losses are required to be recorded when lump sum payments exceed total service and interest costs. As a result, the 2017 pension expense included a settlement expense related to our cumulative lump sum payments made during the year ended December 31, 2017. The pre-tax Pension Benefits Post-Retirement (in millions) 2019 2018 2017 2019 2018 2017 Prior service costs $ — $ — $ 0.5 $ — $ — $ — Net actuarial (gain) loss (10.7 ) 1.9 5.0 (2.3 ) (3.4 ) (2.5 ) Amortization of losses and prior service cost (0.3 ) (0.8 ) (1.4 ) (0.5 ) (0.7 ) (0.6 ) Total changes in other comprehensive (income) loss $ (11.0 ) $ 1.1 $ 4.1 $ (2.8 ) $ (4.1 ) $ (3.1 ) The pre-tax Pension Benefits Post-Retirement (in millions) 2019 2018 2019 2018 Prior service costs $ (0.7 ) $ (0.8 ) $ (4.0 ) $ (4.7 ) Net actuarial (loss) gain (14.5 ) (24.1 ) 6.1 4.0 Total $ (15.2 ) $ (24.9 ) $ 2.1 $ (0.7 ) The following pre-tax (in millions) Pension Benefits Post-Retirement Amortization of prior service costs $ — $ (0.7 ) Amortization of net actuarial (loss) gain (0.2 ) 0.3 Total $ (0.2 ) $ (0.4 ) The weighted average assumptions used to determine the benefit obligations as of December 31, 2019 and 2018 were as follows: Qualified Plan Supplemental Plan Post-Retirement Medical Plan 2019 2018 2019 2018 2019 2018 Discount rate - benefit obligations 3.21 % 4.22 % 3.09 % 4.17 % 2.88 % 3.99 % Rate of compensation increase 4.28 % 4.55 % 4.50 % 5.00 % — — The weighted average assumptions used to determine the net periodic benefit costs for the years ended December 31, 2019, 2018 and 2017 were as follows: Qualified Plan Supplemental Plan Post-Retirement 2019 2018 2017 2019 2018 2017 2019 2018 2017 Discount rates: Effective rate for service cost 4.24 % 3.62 % 4.15 % 4.19 % 3.58 % 4.17 % 4.21 % 3.59 % 4.10 % Effective rate for interest cost 3.92 % 3.21 % 3.38 % 3.83 % 3.15 % 3.20 % 3.69 % 2.97 % 3.11 % Effective rate for interest on service cost 4.00 % 3.32 % 3.59 % 3.90 % 3.24 % 3.63 % 4.09 % 3.46 % 3.84 % Expected long-term rate of return on plan assets 6.00 % 6.25 % 6.50 % N/A N/A N/A N/A N/A N/A Rate of compensation increase 4.55 % 4.53 % 4.81 % 5.00 % 5.00 % 5.50 % N/A N/A N/A The assumed health care cost trend rates as of December 31, 2019 and 2018 were as follows: Post-Retirement 2019 2018 Health care cost trend rate assumed for next year 5.7 % 5.8 % 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 Assumed health care cost trend rates have a significant effect on the amounts reported for retiree health care plans. A one percentage-point change in assumed health care cost trend rates would have the following effects on the medical post-retirement benefits: (in millions) 1% 1% Effect on total service and interest cost components $ — $ — Effect on accumulated post-retirement benefit obligation 0.2 (0.2 ) The table below presents the fair values of the assets of the Company’s Qualified Plan as of December 31, 2019 and 2018 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 Fair Value Measurements Using December 31, (in millions) 2019 2018 Equities: Domestic equities $ 47.8 $ 34.8 Developed international equities 29.5 19.2 Global low volatility equities 16.9 11.4 Emerging market equities 14.9 10.3 Fixed-income 74.9 59.7 Real Estate 8.3 7.9 Cash and cash equivalents 5.1 0.1 Total $ 197.4 $ 143.4 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, 2019, 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	6 Months Ended	12 Months Ended
REVENUES	Jun. 30, 2020	Dec. 31, 2019
Revenue from Contract with Customer [Abstract]
REVENUES	11. REVENUES Revenues are recognized when control of the promised goods or services is transferred to our customers, in an amount that reflects the consideration we expect to be entitled to in exchange for those goods or services. The following table provides information relating to the Company’s revenues from external customers for each product or group of similar products for the periods presented: Three Months Ended (in millions) 2020 2019 Gasoline and distillates $ 2,035.9 $ 5,570.7 Feedstocks and other 215.3 203.9 Asphalt and blackoils 164.1 531.8 Chemicals 45.5 177.6 Lubricants 38.3 67.9 Total Revenues $ 2,499.1 $ 6,551.9 Six Months Ended (in millions) 2020 2019 Gasoline and distillates $ 6,606.3 $ 10,003.7 Feedstocks and other 526.6 404.6 Asphalt and blackoils 371.1 884.8 Chemicals 158.3 329.3 Lubricants 96.8 138.2 Total Revenues $ 7,759.1 $ 11,760.6 The Company’s revenues are generated from the sale of refined petroleum products. 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 Company also has contracts which contain fixed pricing, tiered pricing, minimum volume features with makeup periods, or other factors that have not materially been affected by ASC 606, Revenues from Contracts with Customers. 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 $18.1 million and $17.0 million as of June 30, 2020 and December 31, 2019, respectively. Fluctuations in the deferred revenue balance are primarily driven by the timing and extent of cash payments received or due in advance of satisfying the Company’s performance obligations. The Company’s payment terms vary by type and location of customers and the products offered. The period between invoicing and when payment is due is not significant (i.e. generally within two months). For certain products or services and customer types, the Company requires payment before the products or services are delivered to the customer.	15. REVENUES Adoption of ASC 606, “Revenue from Contracts with Customers” Prior to January 1, 2018, the Company recognized revenue from customers when all of the following criteria were met: (i) persuasive evidence of an exchange arrangement existed, (ii) delivery had occurred or services had been rendered, (iii) the buyer’s price was fixed or determinable and (iv) collectability was reasonably assured. Amounts billed in advance of the period in which the service was rendered or product delivered were recorded as deferred revenue. Effective January 1, 2018, the Company adopted ASC 606. As a result, the Company has changed its accounting policy for the recognition of revenue from contracts with customers as detailed below. The Company adopted ASC 606 using the modified retrospective method, which has been applied for the years ended December 31, 2019 and 2018. The Company has applied ASC 606 only to those contracts that were not complete as of January 1, 2018. As such, the financial information for prior periods has not been adjusted and continues to be reported under ASC 605 “Revenue Recognition”. 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. The following table provides information relating to the Company’s revenues from external customers for each product or group of similar products for the periods presented: Year Ended December 31, (in millions) 2019 2018 2017 Gasoline and distillates $ 21,278.4 $ 23,032.6 $ 18,316.1 Asphalt and blackoils 1,426.4 1,592.9 1,162.3 Feedstocks and other 806.9 1,374.2 1,218.4 Chemicals 682.3 842.8 770.5 Lubricants 274.9 321.5 305.1 Total Revenues $ 24,468.9 $ 27,164.0 $ 21,772.4 The majority of the Company’s revenues are generated from the sale of refined petroleum products. 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 Company also has contracts which contain fixed pricing, tiered pricing, minimum volume features with makeup periods, or other factors that have not materially been affected by ASC 606. 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 $17.0 million and $17.1 million as of December 31, 2019 and December 31, 2018, 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	6 Months Ended	12 Months Ended
INCOME TAXES	Jun. 30, 2020	Dec. 31, 2019
Income Tax Disclosure [Abstract]
INCOME TAXES	12. INCOME TAXES PBF Holding is a limited liability company treated as a “flow-through” entity for income tax purposes. Accordingly, there is generally no benefit or expense for federal or state income tax in the PBF Holding financial statements apart from the income tax attributable to two subsidiaries acquired in connection with the acquisition of Chalmette Refining and the Company’s wholly-owned Canadian subsidiary, PBF Energy Limited, which are treated as C-Corporations The reported income tax provision in the PBF Holding Condensed Consolidated Financial Statements of Operations consists of the following: Three Months Ended Six Months Ended (in millions) 2020 2019 2020 2019 Current income tax benefit $ — $ (0.1 ) $ — $ (0.1 ) Deferred income tax (benefit) expense (4.4 ) 1.9 9.8 (5.3 ) Total income tax (benefit) expense $ (4.4 ) $ 1.8 $ 9.8 $ (5.4 ) On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) was enacted and signed into law. The CARES Act includes several provisions for corporations, including increasing the amount of deductible interest, allowing companies to carryback certain Net Operating Losses (“NOLs”) and increasing the amount of NOLs that corporations can use to offset income. The CARES Act did not materially affect the Company’s income tax provision, deferred tax assets and liabilities, and related taxes payable for the periods presented. The Company is currently assessing the future implications of these provisions, as applicable, within the CARES Act on its Consolidated Financial Statements.	16. INCOME TAXES PBF Holding is a limited liability company treated as a “flow-through” entity for income tax purposes. Accordingly, there is generally no benefit or expense for federal or state income tax in the PBF Holding financial statements apart from the income tax attributable to two subsidiaries acquired in connection with the acquisition of Chalmette Refining and PBF Ltd. that are treated as C-Corporations The reported income tax (benefit) expense in the PBF Holding Consolidated Statements of Operations consists of the following: (in millions) December 31, December 31, December 31, Current income tax expense $ 0.5 $ 0.8 $ 1.7 Deferred income tax (benefit) expense (8.8 ) 7.2 (12.5 ) Total income tax (benefit) expense $ (8.3 ) $ 8.0 $ (10.8 ) A summary of the components of PBF Holding’s deferred tax assets and deferred tax liabilities consists of the following: (in millions) December 31, 2019 December 31, 2018 Deferred tax assets Net operating loss carry forwards $ 1.8 $ — Other 0.4 1.1 Total deferred tax assets 2.2 1.1 Valuation allowances — — Total deferred tax assets, net 2.2 1.1 Deferred tax liabilities Property, plant and equipment 17.3 15.8 Inventory 16.3 25.7 Total deferred tax liabilities 33.6 41.5 Net deferred tax liability $ (31.4 ) $ (40.4 ) Tax Cuts and Jobs Act On December 22, 2017, the U.S. government enacted comprehensive tax legislation commonly referred to as the TCJA. The TCJA makes broad and complex changes to the U.S. tax code, including, but not limited to, (1) reducing the U.S. federal corporate tax rate from 35 percent to 21 percent; (2) requiring companies to pay a one-time In connection with the enactment of the TCJA, PBF Energy recognized the measurement of the tax effects related to the TCJA noting that the recognized amounts pertaining to the PBF Holding subsidiaries noted above were not material.

FAIR VALUE MEASUREMENTS

FAIR VALUE MEASUREMENTS	6 Months Ended	12 Months Ended
FAIR VALUE MEASUREMENTS	Jun. 30, 2020	Dec. 31, 2019
Fair Value Disclosures [Abstract]
FAIR VALUE MEASUREMENTS	13. FAIR VALUE MEASUREMENTS The tables below present information about the Company’s financial assets and liabilities measured and recorded at fair value on a recurring basis and indicate the fair value hierarchy of the inputs utilized to determine the fair values as of June 30, 2020 and December 31, 2019. The Company has elected to offset the fair value amounts recognized for multiple derivative contracts executed with the same counterparty; however, fair value amounts by hierarchy level are presented on a gross basis in the tables below. The Company has posted cash margin with various counterparties to support hedging and trading activities. The cash margin posted is required by counterparties as collateral deposits and cannot be offset against the fair value of open contracts except in the event of default. The Company has no derivative contracts that are subject to master netting arrangements that are reflected gross on the Condensed Consolidated Balance Sheets. As of June 30, 2020 Fair Value Hierarchy Total Effect of Net Carrying (in millions) Level 1 Level 2 Level 3 Assets: Money market funds $ 401.2 $ — $ — $ 401.2 N/A $ 401.2 Commodity contracts 0.1 7.0 1.3 8.4 (8.4 ) — Derivatives included with inventory intermediation agreement obligations — 24.4 — 24.4 — 24.4 Liabilities: Commodity contracts 0.5 13.6 0.3 14.4 (8.4 ) 6.0 Catalyst obligations — 32.1 — 32.1 — 32.1 Contingent consideration obligation — — 13.4 13.4 — 13.4 As of December 31, 2019 Fair Value Hierarchy Total Effect of Net Carrying (in millions) Level 1 Level 2 Level 3 Assets: Money market funds $ 97.9 $ — $ — $ 97.9 N/A $ 97.9 Commodity contracts 32.5 1.5 — 34.0 (33.8 ) 0.2 Liabilities: Commodity contracts 32.8 1.0 — 33.8 (33.8 ) — Catalyst obligations — 47.6 — 47.6 — 47.6 Derivatives included with inventory intermediation agreement obligations — 1.3 — 1.3 — 1.3 The valuation methods used to measure financial instruments at fair value are as follows: • Money market funds categorized in Level 1 of the fair value hierarchy are measured at fair value based on quoted market prices and included within Cash and cash equivalents. • The commodity contracts categorized in Level 1 of the fair value hierarchy are measured at fair value based on quoted prices in an active market. The commodity contracts categorized in Level 2 of the fair value hierarchy are measured at fair value using a market approach based upon future commodity prices for similar instruments quoted in active markets. • The derivatives included with inventory intermediation agreement obligations and the catalyst obligations are categorized in Level 2 of the fair value hierarchy and are measured at fair value using a market approach based upon commodity prices for similar instruments quoted in active markets. • The commodity contracts categorized in Level 3 of the fair value hierarchy consist of commodity price swap contracts that relate to forecasted purchases of crude oil for which quoted forward market prices are not readily available due to market illiquidity. The forward prices used to value these swaps were derived using broker quotes, prices from other third party sources and other available market based data. • The contingent consideration obligation at June 30, 2020 is categorized in Level 3 of the fair value hierarchy and is estimated using discounted cash flow models based on management’s estimate of the future cash flows related to the earn-out earn-out Non-qualified non-qualified The table below summarizes the changes in fair value measurements categorized in Level 3 of the fair value hierarchy: (in millions) Three Months Six Months Balance at beginning of period $ 24.3 $ — Additions — 77.3 Accretion on discounted liabilities 1.5 1.5 Settlements 0.4 0.4 Unrealized gain included in earnings (13.8 ) (66.8 ) Balance at end of period $ 12.4 $ 12.4 There were no transfers between levels during the three and six months ended June 30, 2020 or 2019, respectively. Fair value of debt The table below summarizes the carrying value and fair value of debt as of June 30, 2020 and December 31, 2019. June 30, 2020 December 31, 2019 (in millions) Carrying value Fair value Carrying value Fair value 2025 Senior Secured Notes (a) $ 1,000.0 $ 1,074.3 $ — $ — 2028 Senior Notes (a) 1,000.0 835.0 — — 2025 Senior Notes (a) 725.0 661.8 725.0 776.5 2023 Senior Notes (b) — — 500.0 519.7 Revolving Credit Facility (c) $ 600.0 $ 600.0 $ — $ — PBF Rail Term Loan (c) 11.0 11.0 14.5 14.5 Catalyst financing arrangements (d) 32.1 32.1 47.6 47.6 3,368.1 3,214.2 1,287.1 1,358.3 Less - Unamortized deferred financing costs (43.4 ) n/a (24.3 ) n/a Long-term debt $ 3,324.7 $ 3,214.2 $ 1,262.8 $ 1,358.3 (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 6 - 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. (d) 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.	17. 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, 2019 and 2018. 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, 2019 Fair Value Hierarchy (in millions) Level 1 Level 2 Level 3 Total Gross Effect of Net Assets: Money market funds $ 97.9 $ — $ — $ 97.9 N/A $ 97.9 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 As of December 31, 2018 Fair Value Hierarchy (in millions) Level 1 Level 2 Level 3 Total Gross Effect of Net Assets: Money market funds $ 2.8 $ — $ — $ 2.8 N/A $ 2.8 Commodity contracts 1.2 8.9 — 10.1 (2.9 ) 7.2 Derivatives included with inventory intermediation agreement obligations — 24.1 — 24.1 — 24.1 Liabilities: Commodity contracts 2.7 0.2 — 2.9 (2.9 ) — Catalyst obligations — 44.3 — 44.3 — 44.3 The valuation methods used to measure financial instruments at fair value are as follows: • Money market funds categorized in Level 1 of the fair value hierarchy are measured at fair value based on quoted market prices and included within Cash and cash equivalents. • The commodity contracts categorized in Level 1 of the fair value hierarchy are measured at fair value based on quoted prices in an active market. The commodity contracts categorized in Level 2 of the fair value hierarchy are measured at fair value using a market approach based upon future commodity prices for similar instruments quoted in active markets. • The derivatives included with inventory intermediation agreement obligations and the catalyst obligations are categorized in Level 2 of the fair value hierarchy and are measured at fair value using a market approach based upon commodity prices for similar instruments quoted in active markets. Non-qualified non-qualified There were no transfers between levels during the years ended December 31, 2019 and 2018, respectively. Fair value of debt The table below summarizes the fair value and carrying value of debt as of December 31, 2019 and 2018. December 31, 2019 December 31, 2018 (in millions) Carrying Fair Carrying Fair 2025 Senior Notes (a) $ 725.0 $ 776.5 $ 725.0 $ 688.4 2023 Senior Notes (a) (d) 500.0 519.7 500.0 479.4 PBF Rail Term Loan (b) 14.5 14.5 21.6 21.6 Catalyst financing arrangements (c) 47.6 47.6 44.3 44.3 1,287.1 1,358.3 1,290.9 1,233.7 Less - Current debt (c) — — (2.4 ) (2.4 ) Less - Unamortized deferred financing costs (24.3 ) n/a (30.5 ) n/a Long-term debt $ 1,262.8 $ 1,358.3 $ 1,258.0 $ 1,231.3 (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 Senior Notes. (b) 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. (c) 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. (d) As disclosed in “Note 7 - Credit Facilities and Debt”, these notes became unsecured following the Collateral Fall-Away Event on May 30, 2017.

DERIVATIVES

DERIVATIVES	6 Months Ended	12 Months Ended
DERIVATIVES	Jun. 30, 2020	Dec. 31, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]
DERIVATIVES	14. 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 June 30, 2020, there were no barrels of crude oil and feedstocks (27,580 barrels at December 31, 2019) outstanding under these derivative instruments designated as fair value hedges. As of June 30, 2020, there were 2,949,375 barrels of intermediates and refined products (3,430,635 barrels at December 31, 2019) outstanding under these derivative instruments designated as fair value hedges. These volumes represent the notional value of the contract. The Company also enters into economic hedges primarily consisting of commodity derivative contracts that are not designated as hedges and are used to manage price volatility in certain crude oil and feedstock inventories as well as crude oil, feedstock, and refined product sales or purchases. The objective in entering into economic hedges is consistent with the objectives discussed above for fair value hedges. As of June 30, 2020, there were 9,800,000 barrels of crude oil and 771,000 barrels of refined products (5,511,000 and 5,788,000, respectively, as of December 31, 2019), outstanding under short and long term commodity derivative contracts not designated as hedges representing the notional value of the contracts. The Company also uses derivative instruments to mitigate the risk associated with the price of credits needed to comply with various governmental and regulatory environmental compliance programs. For such contracts that represent derivatives, the Company elects the normal purchase normal sale exception under ASC 815, Derivatives and Hedging The following tables provide information about the fair values of these derivative instruments as of June 30, 2020 and December 31, 2019 and the line items in the Condensed Consolidated Balance Sheets in which the fair values are reflected. Description Balance Sheet Location Fair Value (in millions) Derivatives designated as hedging instruments: June 30, 2020: Derivatives included with the inventory intermediation agreement obligations Accrued expenses $ 24.4 December 31, 2019: Derivatives included with the inventory intermediation agreement obligations Accrued expenses $ (1.3 ) Derivatives not designated as hedging instruments: June 30, 2020: Commodity contracts Accrued expenses $ (6.0 ) December 31, 2019: Commodity contracts Accounts receivable $ 0.2 The following table provides information about the gains or losses recognized in income on these derivative instruments and the line items in the Condensed Consolidated Statements of Operations in which such gains and losses are reflected. Description Location of Gain or (Loss) Income on Derivatives Gain or (Loss) Recognized in Income on (in millions) Derivatives designated as hedging instruments: For the three months ended June 30, 2020: Derivatives included with the inventory intermediation agreement obligations Cost of products and other $ (42.2 ) For the three months ended June 30, 2019: Derivatives included with the inventory intermediation agreement obligations Cost of products and other $ (20.8 ) For the six months ended June 30, 2020: Derivatives included with the inventory intermediation agreement obligations Cost of products and other $ 25.7 For the six months ended June 30, 2019: Derivatives included with the inventory intermediation agreement obligations Cost of products and other $ (35.0 ) Derivatives not designated as hedging instruments: For the three months ended June 30, 2020: Commodity contracts Cost of products and other $ (13.2 ) For the three months ended June 30, 2019: Commodity contracts Cost of products and other $ 1.0 For the six months ended June 30, 2020: Commodity contracts Cost of products and other $ 65.0 For the six months ended June 30, 2019: Commodity contracts Cost of products and other $ 32.7 Hedged items designated in fair value hedges: For the three months ended June 30, 2020: Crude oil, intermediate and refined product inventory Cost of products and other $ 42.2 For the three months ended June 30, 2019: Crude oil, intermediate and refined product inventory Cost of products and other $ 20.8 For the six months ended June 30, 2020: Crude oil, intermediate and refined product inventory Cost of products and other $ (25.7 ) For the six months ended June 30, 2019: Crude oil, intermediate and refined product inventory Cost of products and other $ 35.0 The Company had no ineffectiveness related to the fair value hedges for the three and six months ended June 30, 2020 or 2019, respectively.	18. 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, 2019, there were 27,580 barrels of crude oil and feedstocks (no barrels at December 31, 2018) outstanding under these derivative instruments designated as fair value hedges. As of December 31, 2019, there were 3,430,635 barrels of intermediates and refined products (3,350,166 barrels at December 31, 2018) 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, 2019, there were 5,511,000 barrels of crude oil and 5,788,000 barrels of refined products (5,801,000 and 1,609,000, respectively, as of December 31, 2018), 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, 2019 and December 31, 2018 and the line items in the Consolidated Balance Sheets in which the fair values are reflected. Description Balance Sheet Fair Value (in millions) Derivatives designated as hedging instruments: December 31, 2019: Derivatives included with the inventory intermediation agreement obligations Accrued expenses $ (1.3 ) December 31, 2018: Derivatives included with the inventory intermediation agreement obligations Accrued expenses $ 24.1 Derivatives not designated as hedging instruments: December 31, 2019: Commodity contracts Accounts receivable $ 0.2 December 31, 2018: Commodity contracts Accounts receivable $ 7.2 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 Gain or (Loss) (in millions) Derivatives designated as hedging instruments: 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 For the year ended December 31, 2017: Derivatives included with the inventory intermediation agreement obligations Cost of products and other $ (13.8 ) Derivatives not designated as hedging instruments: 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 ) For the year ended December 31, 2017: Commodity contracts Cost of products and other $ (85.4 ) Hedged items designated in fair value hedges: For the year ended December 31, 2019: Crude oil, 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 ) For the year ended December 31, 2017: Intermediate and refined product inventory Cost of products and other $ 13.8 The Company had no ineffectiveness related to the fair value hedges as of December 31, 2019, 2018 and 2017.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	12 Months Ended
SUBSEQUENT EVENTS	Dec. 31, 2019
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	19. SUBSEQUENT EVENTS 2028 Senior Notes Offering On January 24, 2020, PBF Holding issued $1.0 billion in aggregate principal amount of 6.00% senior unsecured notes due 2028 for net proceeds of $989.0 million after deducting the initial purchasers’ discount and estimated offering expenses. The proceeds from this notes issuance were used in part to pay the related redemption price and accrued and unpaid interest on the 2023 Senior Notes, to pay a portion of the cash consideration for the Martinez Acquisition, and for general corporate purposes. Martinez Acquisition On February 1, 2020, the Company completed its acquisition of the Martinez refinery and related logistics assets (collectively, the “Martinez Acquisition”) from Equilon Enterprises LLC d/b/a Shell Oil Products US (the “Seller”). 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 purchase price for the Martinez Acquisition was $960.0 million plus approximately $230.0 million for estimated hydrocarbon inventory, which is subject to final valuation. In addition, PBF Holding also has an obligation to make certain post-closing payments to the Seller if certain conditions are met including earn-out Redemption of 2023 Senior Notes On February 14, 2020, the Company exercised its rights under the indenture governing the 2023 Senior Notes to redeem all of the outstanding 2023 Senior Notes at a price of 103.5% of the aggregate principal amount thereof plus accrued and unpaid interest. The aggregate redemption price for all 2023 Senior Notes approximated $517.5 million plus accrued and unpaid interest. Receivables Purchase Agreement On February 18, 2020, in connection with the entry into a $300.0 million uncommitted receivables purchase facility (the “Receivables Facility”), the Company amended the Revolving Credit Facility and entered into a related intercreditor agreement to allow the Company to sell certain eligible receivables. Under the Receivables Facility, the Company will sell receivables to a third-party buyer subject to their approval and subject to certain conditions. The sales of receivables under the Receivables Facility are absolute and irrevocable but subject to certain repurchase obligations under certain circumstances. Dividend Declared On February 13, 2020, PBF Energy, PBF Holding’s indirect parent, announced a dividend of $0.30 per share on outstanding PBF Energy Class A common stock. The dividend is payable on March 17, 2020 to PBF Energy Class A common stockholders of record as of February 25, 2020.

CONSOLIDATING FINANCIAL STATEME

CONSOLIDATING FINANCIAL STATEMENTS OF PBF HOLDING	12 Months Ended
CONSOLIDATING FINANCIAL STATEMENTS OF PBF HOLDING	Dec. 31, 2019
Text Block [Abstract]
CONSOLIDATING FINANCIAL STATEMENTS OF PBF HOLDING	20. CONSOLIDATING FINANCIAL STATEMENTS OF PBF HOLDING As of December 31, 2019, PBF Services Company, Delaware City Refining, PBF Power Marketing LLC, Paulsboro Refining, Toledo Refining, Chalmette Refining, PBF Western Region, Torrance Refining, Torrance Logistics Company LLC, PBF International Inc. and PBF Investments were 100% owned subsidiaries of PBF Holding and served as guarantors of the obligations under the Senior Notes. These guarantees are full and unconditional and joint and several. For purposes of the following footnote, PBF Holding is referred to as “Issuer”. The indentures dated November 24, 2015 and May 30, 2017, among PBF Holding, PBF Finance, the guarantors party thereto and Wilmington Trust, National Association, governs subsidiaries designated as “Guarantor Subsidiaries”. PBF Ltd, PBF Transportation Company LLC, PBF Rail Logistics Company LLC, MOEM Pipeline LLC, Collins, T&M, Torrance Basin Pipeline Company LLC and Torrance Pipeline Company LLC are consolidated subsidiaries of the Company that are not guarantors of the Senior Notes. Additionally, during the period owned (see “Note 9 - Related Party Transactions”), the Company’s 50% equity investment in TVPC, held by TVP Holding was included in the Company’s Non-Guarantor The Senior Notes were co-issued “Co-Issuer.” Co-Issuer The following supplemental combining and consolidating financial information reflects the Issuer’s separate accounts, the combined accounts of the Guarantor Subsidiaries and the Non-Guarantor As disclosed in “Note 19 - Subsequent Events”, on January 24, 2020, PBF Holding issued the 2028 Senior Notes and used a portion of the net proceeds from the offering to fully redeem all of the outstanding 2023 Senior Notes on February 14, 2020. CONSOLIDATING BALANCE SHEETS December 31, 2019 (in millions) Issuer Guarantor Non- Combining Total ASSETS Current assets: Cash and cash equivalents $ 734.0 $ 6.0 $ 23.1 $ — $ 763.1 Accounts receivable 788.1 6.6 31.9 — 826.6 Accounts receivable - affiliate 2.6 3.0 0.9 — 6.5 Inventories 1,913.3 — 208.9 — 2,122.2 Prepaid and other current assets 18.7 27.3 2.0 — 48.0 Due from related parties 39,148.7 26,857.6 12,295.9 (78,302.2 ) — Total current assets 42,605.4 26,900.5 12,562.7 (78,302.2 ) 3,766.4 Property, plant and equipment, net 15.8 2,916.2 236.6 — 3,168.6 Investment in subsidiaries — 227.2 — (227.2 ) — Operating lease right of use assets - third party 150.1 155.9 0.1 — 306.1 Operating lease right of use assets - affiliate 586.5 63.8 — — 650.3 Deferred charges and other assets, net 27.0 927.2 — — 954.2 Total assets $ 43,384.8 $ 31,190.8 $ 12,799.4 $ (78,529.4 ) $ 8,845.6 LIABILITIES AND EQUITY Current liabilities: Accounts payable $ 438.7 $ 134.0 $ 18.5 $ — $ 591.2 Accounts payable - affiliate 46.3 1.5 0.3 — 48.1 Accrued expenses 1,462.1 114.0 215.3 — 1,791.4 Current operating lease liabilities - third party 63.3 8.7 — — 72.0 Current operating lease liabilities - affiliate 76.4 2.8 — — 79.2 Deferred revenue 15.3 1.7 — — 17.0 Due to related parties 31,996.2 33,994.6 12,311.4 (78,302.2 ) — Total current liabilities 34,098.3 34,257.3 12,545.5 (78,302.2 ) 2,598.9 Long-term debt 1,200.8 47.6 14.4 — 1,262.8 Deferred tax liabilities — — 31.4 — 31.4 Long-term operating lease liabilities - third party 85.6 147.3 — — 232.9 Long-term operating lease liabilities - affiliate 510.2 60.9 — — 571.1 Other long-term liabilities 55.9 192.3 3.1 — 251.3 Investment in subsidiaries 3,536.8 — — (3,536.8 ) — Total liabilities 39,487.6 34,705.4 12,594.4 (81,839.0 ) 4,948.4 Commitments and contingencies Equity: PBF Holding Company LLC equity Member’s equity 2,739.1 1,595.2 141.0 (1,736.2 ) 2,739.1 Retained earnings 1,156.9 (5,123.9 ) 64.0 5,059.9 1,156.9 Accumulated other comprehensive income (loss) (9.7 ) 3.2 — (3.2 ) (9.7 ) Total PBF Holding Company LLC equity 3,886.3 (3,525.5 ) 205.0 3,320.5 3,886.3 Noncontrolling interest 10.9 10.9 — (10.9 ) 10.9 Total equity 3,897.2 (3,514.6 ) 205.0 3,309.6 3,897.2 Total liabilities and equity $ 43,384.8 $ 31,190.8 $ 12,799.4 $ (78,529.4 ) $ 8,845.6 CONSOLIDATING BALANCE SHEETS December 31, 2018 (in millions) Issuer Guarantor Non- Combining Total ASSETS Current assets: Cash and cash equivalents $ 526.0 $ 9.1 $ 26.6 $ — $ 561.7 Accounts receivable 690.1 7.2 13.4 — 710.7 Accounts receivable - affiliate 1.8 9.5 0.7 — 12.0 Inventories 1,685.4 — 178.7 — 1,864.1 Prepaid and other current assets 20.7 30.0 1.8 — 52.5 Due from related parties 33,793.1 25,057.3 9,534.2 (68,384.6 ) — Total current assets 36,717.1 25,113.1 9,755.4 (68,384.6 ) 3,201.0 Property, plant and equipment, net 17.3 2,722.7 231.2 — 2,971.2 Investment in subsidiaries — 421.4 — (421.4 ) — Investment in equity method investee — — 169.5 — 169.5 Deferred charges and other assets, net 16.0 855.8 — — 871.8 Total assets $ 36,750.4 $ 29,113.0 $ 10,156.1 $ (68,806.0 ) $ 7,213.5 LIABILITIES AND EQUITY Current liabilities: Accounts payable $ 278.2 $ 189.7 $ 15.9 $ — $ 483.8 Accounts payable - affiliate 34.2 14.8 0.5 — 49.5 Accrued expenses 1,364.0 156.1 58.9 — 1,579.0 Current debt — 2.4 — — 2.4 Deferred revenue 15.6 1.5 — — 17.1 Due to related parties 28,340.7 30,433.4 9,610.5 (68,384.6 ) — Total current liabilities 30,032.7 30,797.9 9,685.8 (68,384.6 ) 2,131.8 Long-term debt 1,194.7 42.0 21.3 — 1,258.0 Deferred tax liabilities — — 40.4 — 40.4 Other long-term liabilities 54.9 194.5 4.1 — 253.5 Investment in subsidiaries 1,938.3 — — (1,938.3 ) — Total liabilities 33,220.6 31,034.4 9,751.6 (70,322.9 ) 3,683.7 Commitments and contingencies Equity: PBF Holding Company LLC equity Member’s equity 2,652.5 1,737.2 323.7 (2,060.9 ) 2,652.5 Retained earnings 890.3 (3,662.0 ) 80.8 3,581.2 890.3 Accumulated other comprehensive loss (23.9 ) (7.5 ) — 7.5 (23.9 ) Total PBF Holding Company LLC equity 3,518.9 (1,932.3 ) 404.5 1,527.8 3,518.9 Noncontrolling interest 10.9 10.9 — (10.9 ) 10.9 Total equity 3,529.8 (1,921.4 ) 404.5 1,516.9 3,529.8 Total liabilities and equity $ 36,750.4 $ 29,113.0 $ 10,156.1 $ (68,806.0 ) $ 7,213.5 CONSOLIDATING STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME Year Ended December 31, 2019 (in millions) Issuer Guarantor Non- Combining Total Revenues $ 24,276.8 $ 1,763.3 $ 3,049.2 $ (4,620.4 ) $ 24,468.9 Cost and expenses: Cost of products and other 22,090.6 1,153.7 3,043.8 (4,620.4 ) 21,667.7 Operating expenses (excluding depreciation and amortization expense as reflected below) — 1,652.8 31.5 — 1,684.3 Depreciation and amortization expense — 378.9 7.8 — 386.7 Cost of sales 22,090.6 3,185.4 3,083.1 (4,620.4 ) 23,738.7 General and administrative expenses (excluding depreciation and amortization expense as reflected below) 224.3 36.1 (1.7 ) — 258.7 Depreciation and amortization expense 10.8 — — — 10.8 Equity income in investee — — (7.9 ) — (7.9 ) Gain on sale of assets — (29.9 ) — — (29.9 ) Total cost and expenses 22,325.7 3,191.6 3,073.5 (4,620.4 ) 23,970.4 Income (loss) from operations 1,951.1 (1,428.3 ) (24.3 ) — 498.5 Other income (expense): Equity in earnings (loss) of subsidiaries (1,456.6 ) (16.8 ) — 1,473.4 — Interest expense, net (105.5 ) (2.4 ) (0.8 ) — (108.7 ) Change in fair value of catalyst obligations — (9.7 ) — — (9.7 ) Other non-service (0.8 ) 0.6 — — (0.2 ) Income (loss) before income taxes 388.2 (1,456.6 ) (25.1 ) 1,473.4 379.9 Income tax benefit — — (8.3 ) — (8.3 ) Net income (loss) 388.2 (1,456.6 ) (16.8 ) 1,473.4 388.2 Less: net income attributable to noncontrolling interests — — — — — Net income (loss) attributable to PBF Holding Company LLC $ 388.2 $ (1,456.6 ) $ (16.8 ) $ 1,473.4 $ 388.2 Comprehensive income (loss) attributable to PBF Holding Company LLC $ 391.6 $ (1,445.8 ) $ (16.8 ) $ 1,473.4 $ 402.4 CONSOLIDATING STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME Year Ended December 31, 2018 (in millions) Issuer Guarantor Non- Combining Total Revenues $ 26,935.1 $ 1,532.4 $ 2,961.1 $ (4,264.6 ) $ 27,164.0 Cost and expenses: Cost of products and other 25,170.9 940.2 2,898.1 (4,264.6 ) 24,744.6 Operating expenses (excluding depreciation and amortization expense as reflected below) 0.1 1,623.6 31.1 — 1,654.8 Depreciation and amortization expense — 322.0 7.7 — 329.7 Cost of sales 25,171.0 2,885.8 2,936.9 (4,264.6 ) 26,729.1 General and administrative expenses (excluding depreciation and amortization expense as reflected below) 222.9 26.7 4.2 — 253.8 Depreciation and amortization expense 10.6 — — — 10.6 Equity income in investee — — (17.8 ) — (17.8 ) Gain on sale of asset — (43.1 ) — — (43.1 ) Total cost and expenses 25,404.5 2,869.4 2,923.3 (4,264.6 ) 26,932.6 Income (loss) from operations 1,530.6 (1,337.0 ) 37.8 — 231.4 Other income (expense) Equity in earnings (loss) of subsidiaries (1,302.9 ) 28.7 — 1,274.2 — Interest expense, net (124.3 ) (1.7 ) (1.1 ) — (127.1 ) Change in fair value of catalyst obligations — 5.6 — — 5.6 Other non-service (0.4 ) 1.5 — — 1.1 Income (loss) before income taxes 103.0 (1,302.9 ) 36.7 1,274.2 111.0 Income tax expense — — 8.0 — 8.0 Net income (loss) 103.0 (1,302.9 ) 28.7 1,274.2 103.0 Less: net income attributable to noncontrolling interests 0.1 0.1 — (0.1 ) 0.1 Net income (loss) attributable to PBF Holding Company LLC $ 102.9 $ (1,303.0 ) $ 28.7 $ 1,274.3 $ 102.9 Comprehensive income (loss) attributable to PBF Holding Company LLC $ 105.9 $ (1,303.0 ) $ 28.7 $ 1,274.3 $ 105.9 CONSOLIDATING STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME Year Ended December 31, 2017 (in millions) Issuer Guarantor Non- Combining Total Revenues $ 21,489.7 $ 1,488.7 $ 2,376.6 $ (3,582.6 ) $ 21,772.4 Cost and expenses Cost of products and other 19,354.4 962.9 2,361.1 (3,582.6 ) 19,095.8 Operating expenses (excluding depreciation and amortization expense as reflected below) — 1,594.9 31.5 — 1,626.4 Depreciation and amortization expense — 246.7 7.6 — 254.3 Cost of sales 19,354.4 2,804.5 2,400.2 (3,582.6 ) 20,976.5 General and administrative expenses (excluding depreciation and amortization expense as reflected below) 170.1 28.3 (0.5 ) — 197.9 Depreciation and amortization expense 13.0 — — — 13.0 Equity income in investee — — (14.6 ) — (14.6 ) Loss on sale of assets — 1.5 — — 1.5 Total cost and expenses 19,537.5 2,834.3 2,385.1 (3,582.6 ) 21,174.3 Income (loss) from operations 1,952.2 (1,345.6 ) (8.5 ) — 598.1 Other income (expense): Equity in earnings (loss) of subsidiaries (1,349.2 ) 1.3 — 1,347.9 — Change in fair value of catalyst obligations — (2.2 ) — — (2.2 ) Debt extinguishment costs (25.5 ) — — — (25.5 ) Interest expense, net (120.1 ) (1.5 ) (1.0 ) — (122.6 ) Other non-service (0.2 ) (1.2 ) — — (1.4 ) Income (loss) before income taxes 457.2 (1,349.2 ) (9.5 ) 1,347.9 446.4 Income tax benefit — — (10.8 ) — (10.8 ) Net income (loss) 457.2 (1,349.2 ) 1.3 1,347.9 457.2 Less: net income attributable to noncontrolling interests 0.1 0.1 — (0.1 ) 0.1 Net income (loss) attributable to PBF Holding Company LLC $ 457.1 $ (1,349.3 ) $ 1.3 $ 1,348.0 $ 457.1 Comprehensive income (loss) attributable to PBF Holding Company LLC $ 456.1 $ (1,349.3 ) $ 1.3 $ 1,348.0 $ 456.1 CONSOLIDATING STATEMENTS OF CASH FLOWS Year Ended December 31, 2019 (in millions) Issuer Guarantor Non- Combining Total Cash flows from operating activities: Net income (loss) $ 388.2 $ (1,456.6 ) $ (16.8 ) $ 1,473.4 $ 388.2 Adjustments to reconcile net income (loss) to net cash provided by operating activities: Depreciation and amortization 17.0 379.5 7.9 — 404.4 Stock-based compensation 1.2 29.3 — — 30.5 Change in fair value of catalyst obligations — 9.7 — — 9.7 Deferred income taxes — — (8.8 ) — (8.8 ) Non-cash 25.4 — — — 25.4 Non-cash (250.2 ) — — — (250.2 ) Pension and other post-retirement benefit costs 9.2 35.6 — — 44.8 Income from equity method investee — — (7.9 ) — (7.9 ) Distributions from equity method investee — — 7.9 — 7.9 Gain on sale of assets — (29.9 ) — — (29.9 ) Equity in earnings of subsidiaries 1,456.6 16.8 — (1,473.4 ) — Changes in operating assets and liabilities: Accounts receivable (98.0 ) 0.6 (18.5 ) — (115.9 ) Due to/from affiliates (1,661.7 ) 1,735.4 (61.1 ) — 12.6 Inventories 22.2 — (30.2 ) — (8.0 ) Prepaid and other current assets 2.0 2.6 (0.2 ) — 4.4 Accounts payable 160.5 (31.1 ) 2.6 — 132.0 Accrued expenses 45.9 7.4 156.2 — 209.5 Deferred revenue (0.3 ) 0.1 — — (0.2 ) Other assets and liabilities (13.3 ) (36.0 ) (9.6 ) — (58.9 ) Net cash provided by operating activities $ 104.7 $ 663.4 $ 21.5 $ — $ 789.6 Cash flows from investing activities: Expenditures for property, plant and equipment (8.3 ) (351.8 ) (13.0 ) — (373.1 ) Expenditures for deferred turnaround costs — (299.3 ) — — (299.3 ) Expenditures for other assets — (44.7 ) — — (44.7 ) Proceeds from sale of assets — 36.3 — — 36.3 Equity method investment - return of capital — — 0.6 — 0.6 Investment in subsidiaries 5.6 — — (5.6 ) — Due to/from affiliates (5.7 ) — — 5.7 — Net cash used in investing activities $ (8.4 ) $ (659.5 ) $ (12.4 ) $ 0.1 $ (680.2 ) Cash flows from financing activities: Contributions from PBF LLC $ 228.5 $ — $ — $ — $ 228.5 Distributions to members (116.3 ) (5.3 ) — — (121.6 ) Distribution to parent — — (5.6 ) 5.6 — Proceeds from revolver borrowings 1,350.0 — — — 1,350.0 Repayments of revolver borrowings (1,350.0 ) — — — (1,350.0 ) Repayments of PBF Rail Term Loan — — (7.0 ) — (7.0 ) Settlements of catalyst obligations — (6.5 ) — — (6.5 ) Due to/from affiliates — 5.7 — (5.7 ) — Deferred financing costs and other (0.5 ) (0.9 ) — — (1.4 ) Net cash provided by (used in) financing activities $ 111.7 $ (7.0 ) $ (12.6 ) $ (0.1 ) $ 92.0 Net increase (decrease) in cash and cash equivalents 208.0 (3.1 ) (3.5 ) — 201.4 Cash and cash equivalents, beginning of period 526.0 9.1 26.6 — 561.7 Cash and cash equivalents, end of period $ 734.0 $ 6.0 $ 23.1 $ — $ 763.1 CONSOLIDATING STATEMENTS OF CASH FLOWS Year Ended December 31, 2018 (in millions) Issuer Guarantor Non- Combining Total Cash flows from operating activities: Net income (loss) $ 103.0 $ (1,302.9 ) $ 28.7 $ 1,274.2 $ 103.0 Adjustments to reconcile net income (loss) to net cash provided by operating activities: Depreciation and amortization 16.9 322.0 7.8 — 346.7 Stock-based compensation 0.2 20.0 — — 20.2 Change in fair value of catalyst obligations — (5.6 ) — — (5.6 ) Deferred income taxes — — 7.2 — 7.2 Non-cash (31.8 ) — — — (31.8 ) Non-cash 351.3 — — — 351.3 Pension and other post-retirement benefit costs 7.8 39.6 — — 47.4 Equity in earnings (loss) of subsidiaries 1,302.9 (28.7 ) — (1,274.2 ) — Income from equity method investee — — (17.8 ) — (17.8 ) Distributions from equity method investee — — 17.8 — 17.8 Gain on sale of assets — (43.1 ) — — (43.1 ) Changes in operating assets and liabilities: Accounts receivable 213.1 0.4 26.9 — 240.4 Due to/from affiliates (1,608.5 ) 1,483.8 121.2 — (3.5 ) Inventories (54.2 ) — 52.7 — (1.5 ) Prepaid and other current assets (0.1 ) (2.9 ) 0.1 — (2.9 ) Accounts payable (135.6 ) 31.0 (6.1 ) — (110.7 ) Accrued expenses (43.2 ) 20.6 (210.4 ) — (233.0 ) Deferred revenue 9.5 0.1 — — 9.6 Other assets and liabilities 32.6 (10.2 ) (21.1 ) — 1.3 Net cash provided by operating activities $ 163.9 $ 524.1 $ 7.0 $ — $ 695.0 Cash flows from investing activities: Expenditures for property, plant and equipment (6.2 ) (268.9 ) (2.2 ) — (277.3 ) Expenditures for deferred turnaround costs — (266.0 ) — — (266.0 ) Expenditures for other assets — (17.0 ) — — (17.0 ) Proceeds from sale of assets — 48.3 — — 48.3 Equity method investment - return of capital — — 2.4 — 2.4 Net cash (used in) provided by investing activities $ (6.2 ) $ (503.6 ) $ 0.2 $ — $ (509.6 ) Cash flows from financing activities: Contributions from PBF LLC 287.0 — — — 287.0 Distributions to members (42.5 ) (10.1 ) — — (52.6 ) Repayments of revolver borrowings (350.0 ) — — — (350.0 ) Repayments of PBF Rail Term Loan — — (6.8 ) — (6.8 ) Repayments of note payable — (5.6 ) — — (5.6 ) Settlements of catalyst obligations — (9.1 ) — — (9.1 ) Deferred financing costs and other (12.8 ) — — — (12.8 ) Net cash used in financing activities (118.3 ) (24.8 ) (6.8 ) — (149.9 ) Net increase (decrease) in cash and cash equivalents 39.4 (4.3 ) 0.4 — 35.5 Cash and cash equivalents, beginning of period 486.6 13.4 26.2 — 526.2 Cash and cash equivalents, end of period $ 526.0 $ 9.1 $ 26.6 $ — $ 561.7 CONSOLIDATING STATEMENTS OF CASH FLOWS Year Ended December 31, 2017 (in millions) Issuer Guarantor Non- Combining Total Cash flows from operating activities: Net income (loss) $ 457.2 $ (1,349.2 ) $ 1.3 $ 1,347.9 $ 457.2 Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities: Depreciation and amortization 20.0 247.0 7.7 — 274.7 Stock-based compensation — 21.5 — — 21.5 Change in fair value of catalyst obligations — 2.2 — — 2.2 Deferred income taxes — — (12.5 ) — (12.5 ) Non-cash 13.8 — — — 13.8 Non-cash (295.5 ) — — — (295.5 ) Debt extinguishment costs 25.5 — — — 25.5 Distribution received from subsidiaries — 7.2 — (7.2 ) — Pension and other post-retirement benefit costs 6.6 35.6 — — 42.2 Income from equity method investee — — (14.6 ) — (14.6 ) Distributions from equity method investee — — 20.2 — 20.2 Loss on sale of assets — 1.5 — — 1.5 Equity in earnings (loss) of subsidiaries 1,349.2 (1.3 ) — (1,347.9 ) — Changes in operating assets and liabilities: Accounts receivable (304.1 ) 0.4 (31.5 ) — (335.2 ) Due to/from affiliates (1,696.1 ) 1,709.8 (10.5 ) — 3.2 Inventories (6.7 ) — (48.0 ) — (54.7 ) Prepaid and other current assets 6.9 (14.4 ) (1.7 ) — (9.2 ) Accounts payable 53.5 (28.1 ) 7.6 1.5 34.5 Accrued expenses 288.4 (38.0 ) 102.7 — 353.1 Deferred revenue (4.8 ) — — — (4.8 ) Other assets and liabilities (11.8 ) (19.1 ) (21.1 ) — (52.0 ) Net cash (used in) provided by operating activities $ (97.9 ) $ 575.1 $ (0.4 ) $ (5.7 ) $ 471.1 Cash flows from investing activities: Expenditures for property, plant and equipment (1.9 ) (230.2 ) (0.5 ) — (232.6 ) Expenditures for deferred turnaround costs — (379.1 ) — — (379.1 ) Expenditures for other assets — (31.2 ) — — (31.2 ) Equity method investment - return of capital — — 1.3 — 1.3 Due to/from affiliates (0.9 ) — — 0.9 — Net cash (used in) provided by investing activities $ (2.8 ) $ (640.5 ) $ 0.8 $ 0.9 $ (641.6 ) Cash flows from financing activities: Contributions from PBF LLC 97.0 — — — 97.0 Distributions to members (61.2 ) — — — (61.2 ) Distributions to T&M and Collins shareholders — — (9.0 ) 7.2 (1.8 ) Payment received for affiliate note receivable — 11.6 — — 11.6 Proceeds from 2025 Senior Notes 725.0 — — — 725.0 Cash paid to extinguish 2020 Senior Notes (690.2 ) — — — (690.2 ) Proceeds from revolver borrowings 490.0 — — — 490.0 Repayments of revolver borrowings (490.0 ) — — — (490.0 ) Repayments of PBF Rail Term Loan — — (6.6 ) — (6.6 ) Repayments of note payable — (1.2 ) — — (1.2 ) Settlements of catalyst obligations — 10.8 — — 10.8 Due to/from affiliates — 0.9 — (0.9 ) — Deferred financing costs and other (13.4 ) — — — (13.4 ) Net cash provided by (used in) financing activities $ 57.2 $ 22.1 $ (15.6 ) $ 6.3 $ 70.0 Net (decrease) increase in cash and cash equivalents (43.5 ) (43.3 ) (15.2 ) 1.5 (100.5 ) Cash and cash equivalents, beginning of period 530.1 56.7 41.4 (1.5 ) 626.7 Cash and cash equivalents, end of period $ 486.6 $ 13.4 $ 26.2 $ — $ 526.2

ACQUISITIONS

ACQUISITIONS	6 Months Ended
ACQUISITIONS	Jun. 30, 2020
Business Combinations [Abstract]
ACQUISITIONS	2. 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 6 - Debt”), and borrowings under PBF Holding’s asset-based revolving credit agreement (the “Revolving Credit Facility”). The Company accounted for the Martinez Acquisition as a business combination under GAAP whereby it recognizes assets acquired and liabilities assumed in an acquisition at their estimated fair values as of the date of acquisition. The purchase price and fair value allocation may be subject to adjustment pending completion of the final purchase valuation, which was in process as of June 30, 2020. The total purchase consideration and the fair values of the assets and liabilities at the acquisition date, which may be subject to adjustments as noted above, were as follows: (in millions) Purchase Price Gross purchase price $ 960.0 Working capital, including post close adjustments 216.1 Contingent consideration (a) 77.3 Total consideration $ 1,253.4 (a) The Martinez Acquisition includes an obligation for the Company to make post-closing earn-out The following table summarizes the preliminary amounts recognized for assets acquired and liabilities assumed as of the acquisition date: (in millions) Fair Value 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 - third party within the Condensed Consolidated Balance Sheet. (b) Current financing lease liabilities are recorded in Accrued expenses within the Condensed Consolidated Balance Sheet. The Company’s Condensed Consolidated Financial Statements for the six months ended June 30, 2020 include the results of operations of the Martinez refinery and related logistics assets subsequent to the Martinez Acquisition. The same period in 2019 does not include the results of operations of such assets. On an unaudited pro-forma pro-forma pro-forma (Unaudited, in millions) Six Months Ended Six Months Ended Pro-forma $ 8,122.9 $ 13,845.8 Pro-forma (987.4 ) 218.4 Acquisition Expenses The Company incurred acquisition-related costs of $10.7 million for the six months ended June 30, 2020 consisting primarily of first quarter consulting and legal expenses related to the Martinez Acquisition. There were no material acquisition-related expenses during the three months ended June 30, 2020. There were no acquisition-related costs during the three and six months ended June 30, 2019. These costs are included in General and administrative expenses within the Condensed Consolidated Statements of Operations.

CURRENT EXPECTED CREDIT LOSSES

CURRENT EXPECTED CREDIT LOSSES	6 Months Ended
CURRENT EXPECTED CREDIT LOSSES	Jun. 30, 2020
Receivables [Abstract]
CURRENT EXPECTED CREDIT LOSSES	3. 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 The Company performs a quarterly allowance for doubtful accounts analysis to assess whether an allowance needs to be recorded for any outstanding trade receivables. In estimating credit losses, management reviews accounts that are past due, have known disputes or have experienced any negative credit events that may result in future collectability issues. There was no allowance for doubtful accounts recorded as of June 30, 2020 and December 31, 2019.

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	6 Months Ended	12 Months Ended
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	Jun. 30, 2020	Dec. 31, 2019
Accounting Policies [Abstract]
Principles of Consolidation and Presentation		Principles of Consolidation and Presentation These Consolidated Financial Statements include the accounts of PBF Holding and its consolidated subsidiaries. All intercompany accounts and transactions have been eliminated in consolidation. In 2019, the Company has changed its presentation from thousands to millions, as applicable, and as a result, any necessary rounding adjustments have been made to prior year disclosed amounts.
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 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.
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.
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 earn-out.
Cash and Cash Equivalents		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		Concentrations of Credit Risk For the years ended December 31, 2019, 2018 and 2017 no single customer amounted to greater than or equal to 10% of the Company’s revenues. No single customer accounted for 10% or more of our total trade accounts receivable as of December 31, 2019 or December 31, 2018.
Revenue, Deferred Revenue and Accounts Receivable		Revenue, Deferred Revenue and Accounts Receivable Prior to January 1, 2018, the Company recognized revenue from customers when all of the following criteria were met: (i) persuasive evidence of an exchange arrangement existed, (ii) delivery had occurred or services had been rendered, (iii) the buyer’s price was fixed or determinable and (iv) collectability was reasonably assured. Amounts billed in advance of the period in which the service was rendered or product delivered were recorded as deferred revenue. Effective January 1, 2018, the Company adopted ASC 606, as defined below under “Recently Adopted Accounting Guidance”. As a result, the Company has changed its accounting policy for the recognition of revenue from contracts with customers. Revenues are recognized 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 15 - 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 PBFX assets acquired from Crown Point International, LLC in October 2018 (the “East Coast Storage Assets”) as a location and crude oil as a new product type to be included in the J. Aron Products (as defined in “Note 3 - 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 continues to purchase and hold title to the J. Aron Products produced by the Paulsboro and Delaware City refineries (the “East Coast Refineries”), respectively, and delivered into the Company’s J. Aron Storage Tanks (as defined in “Note 3 - Inventories”). Furthermore, J. Aron agrees to sell the J. Aron Products back to the East Coast Refineries as the J. Aron Products are discharged out of its 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 East Coast 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, 2019 and 2018.
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.
Inventories		Inventories 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
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 Depreciation is computed using the straight-line method over the following estimated useful lives: Process units and equipment 5-25 Pipeline and equipment 5-25 years Buildings 25 years Computers, furniture and fixtures 3-7 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. 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 as indicators of impairment develop. 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 and permits 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.
Investments in Equity Method Investments		Investments in Equity Method Investments For equity investments that are not required to be consolidated under the variable or voting interest model, the Company evaluates the level of influence it is able to exercise over an entity’s operations to determine whether to use the equity method of accounting. The Company’s judgment regarding the level of control over an equity method investment includes considering key factors such as its ownership interest, participation in policy-making and other significant decisions and material intercompany transactions. Amounts recognized for equity method investments are included in equity method investments in the consolidated balance sheet and adjusted for the Company’s share of the net earnings and losses of the investee and cash distributions, which are included in the consolidated statements of operations and the consolidated statements of cash flows. Amounts recognized for earnings in excess of distributions of the Company’s equity method investments are included in the operating section of the consolidated statements of cash flows. The Company evaluates its equity method investments for impairment whenever events or changes in circumstances indicate that the carrying amounts of such investments may be impaired. A loss is recorded in earnings in the current period to write down the carrying value of the investment to fair value if a decline in the value of an equity method investment is determined to be other than temporary.
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 PBF Energy to certain PBF Holding 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. Beginning in 2018, PBF Energy granted performance share awards and performance unit awards to certain key employees. Both types of awards have a three-year performance cycle and 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 and performance unit awards are each measured at fair value based on Monte Carlo simulation models. The performance share 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		Income Taxes As PBF Holding is a limited liability company treated as a “flow-through” entity for income tax purposes, there is no benefit or expense for federal or state income tax in the accompanying financial statements apart from the income taxes attributable to two subsidiaries acquired in connection with the acquisition of Chalmette Refining and the Company’s wholly-owned Canadian subsidiary, PBF Energy Limited (“PBF Ltd.”). These subsidiaries are treated as C-corporations The State tax returns for all years since 2016 are subject to examination by the respective tax authorities.
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 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 Accounting Pronouncements	Recently Adopted Accounting Pronouncements In June 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standard Update (“ASU”) 2016-13, 2016-13”). 2016-13 Recently Issued Accounting Pronouncements In March 2020, the FASB issued ASU 2020-04, In August 2018, the FASB issued ASU No. 2018-14, 715-20)”,	Recently Adopted Accounting Pronouncements In February 2016, the Financial Accounting Standard Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2016-02, In August 2017, the FASB issued ASU No. 2017-12, 2017-12”). 2017-12 2017-12 2017-12 In June 2018, the FASB issued ASU No. 2018-07, Non-employee 2018-07”). 2018-07 non-employees. non-employee 2018-07 In August 2018, the FASB issued ASU 2018-15, Other-Internal-Use 350-40) 2018-15”). 2018-15 internal-use 2018-15 Recently Issued Accounting Pronouncements In August 2018, the FASB issued ASU No. 2018-14, 715-20)”, In June 2016, the FASB issued ASU 2016-13, 2016-13”). 2016-13 2016-13 10-Q,
Basis of Presentation	Basis of Presentation The unaudited condensed consolidated financial information furnished herein reflects all adjustments (consisting of normal recurring accruals) which are, in the opinion of management, considered necessary for a fair presentation of the financial position and the results of operations and cash flows of the Company for the periods presented. All intercompany accounts and transactions have been eliminated in consolidation. These unaudited Condensed Consolidated Financial Statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information. Accordingly, they do not include all of the information and notes required by GAAP for complete financial statements. These interim Condensed Consolidated Financial Statements should be read in conjunction with the PBF Holding and PBF Finance financial statements included in this prospectus. The results of operations for the three and six months ended June 30, 2020 are not necessarily indicative of the results to be expected for the full year.
Reclassification	Reclassification As of June 30, 2020, Financing lease right of use assets - third party, previously included in Deferred charges and other assets, net, in the Condensed Consolidated Balance Sheets, are reflected within Lease right of use assets - third party, which is inclusive of all third party lease right of use assets. Financing lease liabilities - third party, previously included in Other long-term liabilities, in the Condensed Consolidated Balance Sheet, is presented as a separate line item in the Condensed Consolidated Financial Statements. The amounts related to such balance sheet accounts have also been reclassified in their respective footnotes for prior periods to conform to the 2020 presentation.
Interim Impairment Assessment	Interim Impairment Assessment The global crisis resulting from the spread of the recent novel coronavirus (“COVID-19”)

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	12 Months Ended
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	Dec. 31, 2019
Accounting Policies [Abstract]
Useful lives of property, plant and equipment	Depreciation is computed using the straight-line method over the following estimated useful lives: Process units and equipment 5-25 Pipeline and equipment 5-25 years Buildings 25 years Computers, furniture and fixtures 3-7 Leasehold improvements 20 years Railcars 50 years

INVENTORIES (Tables)

INVENTORIES (Tables)	6 Months Ended	12 Months Ended
INVENTORIES (Tables)	Jun. 30, 2020	Dec. 31, 2019
Inventory Disclosure [Abstract]
Schedule of Inventory	Inventories consisted of the following: June 30, 2020 (in millions) Titled Inventory Total Crude oil and feedstocks $ 1,254.0 $ — $ 1,254.0 Refined products and blendstocks 1,056.3 277.2 1,333.5 Warehouse stock and other 135.7 — 135.7 $ 2,446.0 $ 277.2 $ 2,723.2 Lower of cost or market adjustment (965.7 ) (137.3 ) (1,103.0 ) Total inventories $ 1,480.3 $ 139.9 $ 1,620.2 December 31, 2019 (in millions) Titled Inventory 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	Inventories consisted of the following: December 31, 2019 (in millions) Titled Inventory Inventory 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 December 31, 2018 (in millions) Titled Inventory Inventory Total Crude oil and feedstocks $ 1,044.8 $ — $ 1,044.8 Refined products and blendstocks 1,026.9 334.8 1,361.7 Warehouse stock and other 109.4 — 109.4 $ 2,181.1 $ 334.8 $ 2,515.9 Lower of cost or market adjustment (557.2 ) (94.6 ) (651.8 ) Total inventories $ 1,623.9 $ 240.2 $ 1,864.1

PROPERTY, PLANT AND EQUIPMENT_2

PROPERTY, PLANT AND EQUIPMENT, NET (Tables)	12 Months Ended
PROPERTY, PLANT AND EQUIPMENT, NET (Tables)	Dec. 31, 2019
Property, Plant and Equipment [Abstract]
Summary of property, plant and equipment	Property, plant and equipment, net consisted of the following: (in millions) December 31, 2019 December 31, 2018 Land $ 244.6 $ 249.0 Processing units, pipelines and equipment 3,282.2 2,934.5 Buildings and leasehold improvements 48.0 47.9 Computers, furniture and fixtures 134.9 121.2 Construction in progress 304.0 320.1 4,013.7 3,672.7 Less - Accumulated depreciation (845.1 ) (701.5 ) Total property, plant and equipment, net $ 3,168.6 $ 2,971.2

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, 2019
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: (in millions) December 31, 2019 December 31, 2018 Deferred turnaround costs, net $ 722.7 $ 673.1 Catalyst, net 132.7 124.3 Environmental credits 37.8 37.8 Finance lease assets 24.2 — Linefill 19.5 19.5 Pension plan assets 10.3 9.7 Intangible assets, net 0.5 0.5 Other 6.5 6.9 Total deferred charges and other assets, net $ 954.2 $ 871.8
Intangible assets, net	Intangible assets, net primarily consists of permits and emission credits. Our net balance as of December 31, 2019 and December 31, 2018 is shown below. (in millions) December 31, 2019 December 31, 2018 Intangible assets - gross $ 4.0 $ 4.0 Accumulated amortization (3.5 ) (3.5 ) Intangible assets - net $ 0.5 $ 0.5

ACCRUED EXPENSES (Tables)

ACCRUED EXPENSES (Tables)	6 Months Ended	12 Months Ended
ACCRUED EXPENSES (Tables)	Jun. 30, 2020	Dec. 31, 2019
Payables and Accruals [Abstract]
Schedule of accrued expenses	Accrued expenses consisted of the following: (in millions) June 30, 2020 December 31, 2019 Inventory-related accruals $ 536.4 $ 1,103.2 Inventory intermediation agreements 228.7 278.1 Renewable energy credit and emissions obligations 203.1 17.7 Excise and sales tax payable 120.9 98.4 Accrued transportation costs 80.8 88.7 Accrued refinery maintenance and support costs 48.0 16.9 Accrued interest 40.8 6.8 Accrued utilities 39.1 40.1 Accrued salaries and benefits 32.0 77.4 Environmental liabilities 13.2 12.3 Current finance lease liabilities 12.8 6.5 Accrued capital expenditures 10.6 31.0 Customer deposits 8.0 1.8 Other 51.9 12.5 Total accrued expenses $ 1,426.3 $ 1,791.4	Accrued expenses consisted of the following: (in millions) December 31, 2019 December 31, 2018 Inventory-related accruals $ 1,103.2 $ 846.3 Inventory intermediation agreements 278.1 249.4 Excise and sales tax payable 98.4 149.4 Accrued transportation costs 88.7 53.6 Accrued salaries and benefits 77.4 89.3 Accrued utilities 40.1 49.8 Accrued capital expenditures 31.0 59.9 Renewable energy credit and emissions obligations 17.7 27.1 Accrued refinery maintenance and support costs 16.9 19.0 Environmental liabilities 12.3 6.5 Accrued interest 6.8 6.8 Current finance lease liabilities 6.5 — Customer deposits 1.8 5.6 Other 12.5 16.3 Total accrued expenses $ 1,791.4 $ 1,579.0

CREDIT FACILITY AND LONG-TERM_2

CREDIT FACILITY AND LONG-TERM DEBT (Tables)	12 Months Ended
CREDIT FACILITY AND LONG-TERM DEBT (Tables)	Dec. 31, 2019
Debt Disclosure [Abstract]
Summary of long-term debt outstanding	Long-term debt outstanding consisted of the following: (in millions) December 31, 2019 December 31, 2018 2025 Senior Notes $ 725.0 $ 725.0 2023 Senior Notes 500.0 500.0 PBF Rail Term Loan 14.5 21.6 Catalyst financing arrangements 47.6 44.3 Revolving Credit Facility — — 1,287.1 1,290.9 Less - Current debt — (2.4 ) Unamortized deferred financing costs (24.3 ) (30.5 ) Long-term debt $ 1,262.8 $ 1,258.0
Schedule of details of catalyst financing arrangements	Details of the catalyst financing arrangements at each of the Company’s refineries as of December 31, 2019 are included in the following table: Annual interest Expiration date Paulsboro catalyst financing arrangement 1.47 % December 2022 Delaware City catalyst financing arrangement 1.35 % October 2020 (1) Toledo catalyst financing arrangement 1.75 % June 2020 (1) Chalmette catalyst financing arrangements 2.10 % October 2021 1.80 % November 2022 Torrance catalyst financing arrangement 1.78 % July 2022
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, 2020 $ 21.4 2021 19.8 2022 20.9 2023 500.0 2024 — Thereafter 725.0 $ 1,287.1

OTHER LONG-TERM LIABILITIES (Ta

OTHER LONG-TERM LIABILITIES (Tables)	12 Months Ended
OTHER LONG-TERM LIABILITIES (Tables)	Dec. 31, 2019
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 $ 119.9 $ 135.1 Defined benefit pension plan liabilities 73.8 75.0 Long-term finance lease liabilities 18.4 — Early railcar return liability 17.6 23.3 Post-retirement medical plan liabilities 17.5 19.3 Other 4.1 0.8 Total other long-term liabilities $ 251.3 $ 253.5

RELATED PARTY TRANSACTIONS (Tab

RELATED PARTY TRANSACTIONS (Tables)	6 Months Ended	12 Months Ended
RELATED PARTY TRANSACTIONS (Tables)	Jun. 30, 2020	Dec. 31, 2019
Schedule of related party transactions	A summary of the Company’s affiliate transactions with PBFX is as follows: Three Months Ended Six Months Ended (in millions) 2020 2019 2020 2019 Reimbursements under affiliate agreements: Services Agreement $ 2.1 $ 2.2 $ 4.3 $ 4.3 Omnibus Agreement 1.9 1.7 3.9 3.5 Total expenses under affiliate agreements 72.4 74.7 147.9 146.0	A summary of our affiliate transactions with PBFX is as follows: Year Ended December 31, (in millions) 2019 2018 2017 Reimbursements under affiliate agreements: Services Agreement $ 8.6 $ 7.5 $ 6.6 Omnibus Agreement 7.7 7.5 6.9 Total expenses under affiliate agreements 300.9 259.4 240.7
Contribution Agreements [Member]
Schedule of related party transactions		The Contribution Agreements include the following: Contribution Agreement Effective Date Assets Contributed Total Consideration Contribution Agreement I 5/8/2014 DCR Rail Terminal and the Toledo Truck Terminal 74,053 PBFX common units and 15,886,553 PBFX subordinated units Contribution Agreement II 9/16/2014 DCR West Rack $135.0 million in cash and $15.0 million through the issuance of 589,536 PBFX common units Contribution Agreement III 12/2/2014 Toledo Storage Facility $135.0 million in cash and $15.0 million through the issuance of 620,935 PBFX common units Contribution Agreement IV 5/5/2015 DCR Products Pipeline and DCR Truck Rack $112.5 million in cash and $30.5 million through the issuance of 1,288,420 PBFX common units Contribution Agreement V 8/31/2016 Torrance Valley Pipeline (50% equity interest in TVPC) $175.0 million in cash Contribution Agreement VI 2/15/2017 Paulsboro Natural Gas Pipeline $11.6 million affiliate promissory note (a) Contribution Agreements VII-X 7/16/2018 Development Assets (b) $31.6 million through the issuance of 1,494,134 PBFX common units Contribution Agreement XI 4/24/2019 Remaining 50% equity interest in TVPC (c) $200.0 million in cash (a) As a result of the completion of the interstate natural gas pipeline that serves the Paulsboro refinery (the “Paulsboro Natural Gas Pipeline”) in the fourth quarter of 2017, PBF Holding received full payment for the affiliate promissory note due from PBFX. (b) On July 16, 2018, PBFX entered into four contribution agreements with PBF LLC pursuant to which the Company contributed to PBF LLC certain of its subsidiaries (the “Development Assets Contribution Agreements”). Pursuant to the Development Asset Contribution Agreements, the Company 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 (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 PBF LLC. PBFX Operating Company LP, PBFX’s wholly-owned subsidiary, in turn acquired the limited liability company interests in the Development Assets from PBF LLC in connection with the Development Assets Contribution Agreements effective as of July 31, 2018. (c) On April 24, 2019, PBFX entered into a contribution agreement with PBF LLC, pursuant to which the Company contributed to PBF LLC, which in turn 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 (then a subsidiary of PBF Holding) owned a 50% equity interest in Torrance Valley Pipeline Company LLC (“TVPC”). Subsequent to the closing of the TVPC Acquisition on May 31, 2019, PBFX owns 100% of the equity interest in TVPC.
Commercial Agreements [Member]
Schedule of related party transactions		These commercial agreements (as defined in the table below) with PBFX include: Service Agreements Initiation Initial Renewals (a) MVC Force Transportation and Terminaling Amended and Restated Rail Agreements (b) 5/8/2014 7 years, N/A 125,000 bpd PBF Toledo Truck Unloading & Terminaling Services Agreement (c) 5/8/2014 7 years, 2 x 5 5,500 bpd Toledo Storage Facility Storage and Terminaling Services Agreement- Terminaling Facility (c) 12/12/2014 10 years 2 x 5 4,400 bpd Delaware Pipeline Services 5/15/2015 10 years, 2 x 5 50,000 bpd Delaware Pipeline Services Agreement- Magellan Connection 11/1/2016 2 years, See note (d) See note (d) Delaware City Truck Loading Services Agreement- Gasoline 5/15/2015 10 years, 2 x 5 30,000 bpd Delaware City Truck Loading Services Agreement- LPGs 5/15/2015 10 years, 2 x 5 5,000 bpd East Coast Terminals Terminaling Services Agreements (e) 5/1/2016 Various (f) Evergreen 15,000 bpd (g) East Coast Terminals Tank Lease Agreements 5/1/2016 Various (f) Evergreen 350,000 Torrance Valley Pipeline Transportation Services Agreement- North Pipeline (c) 8/31/2016 10 years 2 x 5 50,000 bpd Torrance Valley Pipeline Transportation Services Agreement- South Pipeline (c) 8/31/2016 10 years 2 x 5 75,000 bpd (i) Torrance Valley Pipeline Transportation Services Agreement- Midway Storage Tank (c) 8/31/2016 10 years 2 x 5 55,000 barrels (h) Torrance Valley Pipeline Transportation Services Agreement- Emidio Storage Tank (c) 8/31/2016 10 years 2 x 5 900,000 barrels Torrance Valley Pipeline Transportation Services Agreement- Belridge Storage Tank (c) 8/31/2016 10 years 2 x 5 770,000 barrels Paulsboro Natural Gas Pipeline Services Agreement (c) (j) 8/4/2017 15 years Evergreen 60,000 dekatherms Knoxville Terminals Agreement- Terminaling Services 4/16/2018 5 years Evergreen Various (k) Knoxville Terminals Agreement- Tank Lease (c) 4/16/2018 5 years Evergreen 115,334 Toledo Rail Loading 7/31/2018 7 years, 2 x 5 Various (l) Chalmette Terminal Throughput Agreement 7/31/2018 1 year Evergreen N/A Chalmette Rail Unloading 7/31/2018 7 years, 2 x 5 7,600 bpd DSL Ethanol Throughput 7/31/2018 7 years, 2 x 5 5,000 bpd Delaware City Terminaling Services Agreement (m) 1/1/2022 4 years 2 x 5 95,000 bpd Storage Toledo Storage Facility Storage and Terminaling Services Agreement- Storage Facility (c) 12/12/2014 10 years 2 x 5 3,849,271 PBF Chalmette Storage See note (n) 10 years 2 x 5 625,000 East Coast Storage Assets Terminal Storage Agreement 1/1/2019 8 years Evergreen 2,953,725 (a) PBF Holding has the option to extend the agreements for up to two additional five-year terms, as applicable. (b) The Amended and Restated Rail Agreements, as amended and effective as of January 1, 2018, include the Amended and Restated Delaware City Rail Terminaling Services Agreement and the Amended and Restated Delaware West Ladder Rack Terminaling Services Agreement, each between Delaware City Terminaling Company LLC (“DCTC”) and PBF Holding, with the service fees thereunder being adjusted, including the addition of an ancillary fee paid by PBF Holding on an actual cost basis. In determining payments due under the Amended and Restated Rail Agreements, excess volumes throughput under the agreements shall apply against required payments in respect to the minimum throughput commitments on a quarterly basis and, to the extent not previously applied, on an annual basis against the MVCs. Effective January 1, 2019, the existing Amended and Restated Rail Agreements were further amended for the inclusion of services through certain rail infrastructure at the East Coast Storage Assets. (c) These commercial agreements with PBFX are considered leases. (d) In connection with the inclusion of an additional destination at the Magellan connection under the Delaware Pipeline Services Agreement, PBF Holding and Delaware Pipeline Company LLC agreed to a two-year, (e) Subsequent to the PBFX acquisition of the Toledo, Ohio refined products terminal assets (the “Toledo Products Terminal”), the Toledo Products Terminal was added to the East Coast Terminals Terminaling Services Agreements. (f) The East Coast Terminals related party agreements include varying initial term lengths, ranging from one to five years. (g) The East Coast Terminals Terminaling Service Agreements have no MVCs and are billed based on actual volumes throughput, other than a terminaling services agreement between PBFX’s East Coast Terminals’ Paulsboro, New Jersey location and PBF Holding’s Paulsboro refinery with a 15,000 bpd MVC. (h) Reflects the overall capacity as stipulated by the storage agreement. The storage MVC is subject to the effective operating capacity of each tank, which can be impacted by routine tank maintenance and other factors. PBF Holding’s available shell capacity may be subject to change as agreed to by PBF Holding and PBFX. (i) In connection with the TVPC Acquisition on May 31, 2019, the Torrance Valley Pipeline Transportation Services Agreement- South Pipeline was amended and restated to increase the MVC from 70,000 bpd to 75,000 bpd. (j) In August 2017, the Paulsboro Natural Gas Pipeline commenced service. Concurrent with the commencement of operations, a new services agreement was entered into between Paulsboro Natural Gas Pipeline Company LLC and PRC regarding the Paulsboro Natural Gas Pipeline. (k) The minimum throughput revenue commitment for the Knoxville Terminals Agreement- Terminaling Services is $0.9 million for year one, $1.8 million for year two and $2.7 million for year three and thereafter. (l) Under the Toledo Rail Loading Agreement, PBF Holding has minimum throughput commitments for (i) 30 railcars per day of products and (ii) 11.5 railcars per day of premium products. The Toledo Rail Loading Agreement also specifies a maximum throughput rate of 50 railcars per day. (m) The Delaware City Terminaling Services Agreement between DCTC and PBF Holding will commence in 2022 subsequent to the expiration of the Amended and Restated Rail Agreements and includes additional services to be provided by PBFX as operator of other rail facilities owned by PBF Holding’s subsidiaries. (n) The Chalmette Storage Services Agreement was entered into on February 15, 2017 and commenced on November 1, 2017.

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Tables)	12 Months Ended
COMMITMENTS AND CONTINGENCIES (Tables)	Dec. 31, 2019
Commitments and Contingencies Disclosure [Abstract]
Future minimum rental payments for operating leases	Fixed and determinable obligations related to the above agreements are as follows (in millions): Year Ending December 31, 2020 $ 144.2 2021 137.2 2022 109.2 2023 106.7 2024 105.7 Thereafter 242.8 Total obligations $ 845.8

LEASES (Tables)

LEASES (Tables)	6 Months Ended	12 Months Ended
LEASES (Tables)	Jun. 30, 2020	Dec. 31, 2019
Leases [Abstract]
Assets and Liabilities, Lessee	The table below presents the lease related assets and liabilities recorded on the Company’s Condensed Consolidated Balance Sheets for the periods presented: (in millions) Classification on the June 30, 2020 December 31, Assets Operating lease assets - third party Lease right of use assets - third party $ 407.4 $ 306.1 Operating lease assets - affiliate Lease right of use assets - affiliate 611.7 650.3 Finance lease assets Lease right of use assets - third party 81.3 24.2 Total lease right of use assets $ 1,100.4 $ 980.6 Liabilities Current liabilities: Operating lease liabilities - third party Current operating lease liabilities - third party $ 148.5 $ 72.0 Operating lease liabilities - affiliate Current operating lease liabilities - affiliate 82.2 79.2 Finance lease liabilities - third party Accrued expenses 12.8 6.5 Noncurrent liabilities: Operating lease liabilities - third party Long-term operating lease liabilities - third party 257.2 232.9 Operating lease liabilities - affiliate Long-term operating lease liabilities - affiliate 529.4 571.1 Finance lease liabilities - third party Long-term financing lease liabilities - third party 70.0 18.4 Total lease liabilities $ 1,100.1 $ 980.1	The table below presents the lease related assets and liabilities recorded on the Company’s Consolidated Balance Sheets as of December 31, 2019: (in millions) Classification on the Balance Sheet December 31, Assets Operating lease assets - third party Operating lease right of use assets - third party $ 306.1 Operating lease assets - affiliate Operating lease right of use assets - affiliate 650.3 Finance lease assets Deferred charges and other assets, net 24.2 Total lease right of use assets $ 980.6 Liabilities Current liabilities: Operating lease liabilities - third party Current operating lease liabilities - third party $ 72.0 Operating lease liabilities - affiliate Current operating lease liabilities - affiliate 79.2 Finance lease liabilities - third party Accrued expenses 6.5 Noncurrent liabilities: Operating lease liabilities - third party Long-term operating lease liabilities - third party 232.9 Operating lease liabilities - affiliate Long-term operating lease liabilities - affiliate 571.1 Finance lease liabilities - third party Other long-term liabilities 18.4 Total lease liabilities $ 980.1
Lease, Cost	The table below provides certain information related to costs for the Company’s leases for the periods presented: Three Months Ended Six Months Ended Lease Costs (in millions) 2020 2019 2020 2019 Components of total lease costs: Finance lease cost Amortization of lease right of use assets $ 3.6 $ 0.4 $ 6.5 $ 0.4 Interest on lease liabilities 1.1 0.2 2.0 0.2 Operating lease cost 74.2 62.9 134.7 116.2 Short-term lease cost 26.6 25.1 48.6 48.4 Variable lease cost 8.2 4.1 18.8 14.2 Total lease costs $ 113.7 $ 92.7 $ 210.6 $ 179.4	The table below presents certain information related to costs for the Company’s leases for the year ended December 31, 2019: Lease Costs (in millions) Year Ended December 31, 2019 Components of total lease costs: Finance lease costs Amortization of lease right of use assets $ 2.0 Interest on lease liabilities 0.8 Operating lease costs 239.6 Short-term lease costs 89.2 Variable lease costs 31.6 Total lease costs $ 363.2
Supplemental Cash Flow and Other Information	The table below provides supplemental cash flow information related to leases for the periods presented (in millions): Six Months Ended 2020 2019 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows for operating leases $ 135.2 $ 108.4 Operating cash flows for finance leases 2.0 0.2 Financing cash flows for finance leases 5.7 0.2 Supplemental non-cash 224.3 160.1 Lease Term and Discount Rate The table below presents certain information related to the weighted average remaining lease term and weighted average discount rate for the Company’s leases as of June 30, 2020: Weighted average remaining lease term - operating leases 7.8 years Weighted average remaining lease term - finance leases 7.6 years Weighted average discount rate - operating leases 7.5% Weighted average discount rate - finance leases 5.3%	The table below presents supplemental cash flow information related to leases for the year ended December 31, 2019 (in millions): Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows for operating leases $ 241.1 Operating cash flows for finance leases 0.8 Financing cash flows for finance leases 1.4 Supplemental non-cash right-of-use 340.2 Lease Term and Discount Rate The table below presents certain information related to the weighted average remaining lease term and weighted average discount rate for the Company’s leases as of December 31, 2019: Weighted average remaining lease term - operating leases 8.8 years Weighted average remaining lease term - finance leases 6.1 years Weighted average discount rate - operating leases 7.95 % Weighted average discount rate - finance leases 5.98 %
Lessee, Operating Lease, Liability, Maturity	The table below reconciles the fixed component of the undiscounted cash flows for each of the periods presented to the lease liabilities recorded on the Condensed Consolidated Balance Sheets as of June 30, 2020: Amounts due within twelve months of June 30, (in millions) Finance Leases Operating Leases 2020 $ 16.8 $ 299.0 2021 13.9 210.7 2022 11.1 173.3 2023 11.1 159.4 2024 11.1 142.5 Thereafter 37.0 396.6 Total minimum lease payments 101.0 1,381.5 Less: effect of discounting 18.2 364.2 Present value of future minimum lease payments 82.8 1,017.3 Less: current obligations under leases 12.8 230.7 Long-term lease obligations $ 70.0 $ 786.6	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, 2019: Amounts due in the year ended December 31, (in millions) Finance Leases Operating Leases 2020 $ 7.8 $ 222.4 2021 7.8 188.3 2022 2.0 168.9 2023 2.0 159.2 2024 2.0 159.6 Thereafter 8.8 449.9 Total minimum lease payments 30.4 1,348.3 Less: effect of discounting 5.5 393.1 Present value of future minimum lease payments 24.9 955.2 Less: current obligations under leases 6.5 151.2 Long-term lease obligations $ 18.4 $ 804.0

STOCK-BASED COMPENSATION (Table

STOCK-BASED COMPENSATION (Tables)	12 Months Ended
STOCK-BASED COMPENSATION (Tables)	Dec. 31, 2019
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) 2019 2018 2017 PBF Energy options $ 15.8 $ 11.5 $ 9.4 PBF Energy restricted shares 6.5 7.5 12.1 PBF Energy performance awards 8.2 1.2 — $ 30.5 $ 20.2 $ 21.5
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, 2019 December 31, 2018 December 31, 2017 Expected life (in years) 6.25 6.25 6.25 Expected volatility 38.6 % 35.8 % 39.5 % Dividend yield 3.54 % 3.49 % 4.58 % Risk-free rate of return 2.16 % 2.82 % 2.09 % Exercise price $ 34.11 $ 35.25 $ 26.52
Schedule of share-based payment awards, performance awards, valuation assumptions	The grant date fair value was calculated using a Monte Carlo valuation model with the following assumptions: December 31, 2019 December 31, 2018 Expected life (in years) 2.17 - 2.88 2.17 Expected volatility 37.19% - 41.70 % 39.04 % Dividend yield 3.40% - 3.67 % 2.95 % Risk-free rate of return 1.66% - 2.51 % 2.89 % Weighted average fair value per PSU $27.99 $ 50.23
Employee Stock Option [Member]
Summary of share-based compensation activity	The following table summarizes activity for PBF Energy options for the years ended December 31, 2019, 2018 and 2017. Number of Weighted Weighted Stock-based awards, outstanding at January 1, 2017 5,970,625 $ 27.37 8.02 Granted 1,638,075 26.52 10.00 Exercised (462,500 ) 25.65 — Forfeited (263,425 ) 27.71 — Outstanding at December 31, 2017 6,882,775 $ 27.27 7.82 Granted 2,500,742 35.25 10.00 Exercised (884,878 ) 27.57 — Forfeited (141,981 ) 33.49 — Outstanding at December 31, 2018 8,356,658 $ 29.60 7.48 Granted 1,899,909 34.11 10.00 Exercised (49,656 ) 24.23 — Forfeited (132,995 ) 31.65 — Outstanding at December 31, 2019 10,073,916 $ 30.47 7.17 Exercisable and vested at December 31, 2019 5,345,051 $ 28.37 5.94 Exercisable and vested at December 31, 2018 3,531,066 $ 27.39 6.27 Exercisable and vested at December 31, 2017 2,958,875 $ 27.58 6.77 Expected to vest at December 31, 2019 10,073,916 $ 30.47 7.17
Restricted Stock [Member]
Summary of share-based compensation activity	The following table summarizes activity for PBF Energy Restricted Stock: Number of Weighted Average Grant Date Fair Value Nonvested at January 1, 2017 521,369 $ 24.89 Granted 762,425 25.86 Vested (172,978 ) 24.99 Forfeited (15,100 ) 24.18 Nonvested at December 31, 2017 1,095,716 $ 25.56 Granted 58,830 47.24 Vested (345,073 ) 26.13 Forfeited (15,519 ) 24.18 Nonvested at December 31, 2018 793,954 $ 26.88 Granted 58,324 28.20 Vested (356,204 ) 26.68 Forfeited (3,849 ) 24.18 Nonvested at December 31, 2019 492,225 $ 27.21
Performance Share Units [Member]
Summary of share-based compensation activity	The following table summarizes activity for PBF Energy performance share awards: Number of Weighted Average Grant Date Fair Value Nonvested at January 1, 2018 — $ — Granted 179,072 50.23 Forfeited — — Nonvested at December 31, 2018 179,072 $ 50.23 Granted 181,725 27.99 Forfeited — — Nonvested at December 31, 2019 360,797 $ 39.03
Performance Units [Member]
Summary of share-based compensation activity	The following table summarizes activity for PBF Energy performance unit awards: Number of Nonvested at January 1, 2018 — Granted 7,279,188 Forfeited — Nonvested at December 31, 2018 7,279,188 Granted 7,751,658 Forfeited — Nonvested at December 31, 2019 15,030,846

EMPLOYEE BENEFIT PLANS (Tables)

EMPLOYEE BENEFIT PLANS (Tables)	6 Months Ended	12 Months Ended
EMPLOYEE BENEFIT PLANS (Tables)	Jun. 30, 2020	Dec. 31, 2019
Postemployment 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, 2019 and 2018 were as follows: Pension Plans Post-Retirement (in millions) 2019 2018 2019 2018 Change in benefit obligation: Benefit obligation at beginning of year $ 218.4 $ 185.2 $ 19.3 $ 21.6 Service cost 43.6 47.4 1.0 1.1 Interest cost 8.3 5.8 0.7 0.7 Benefit payments (9.0 ) (7.2 ) (1.3 ) (0.7 ) Actuarial loss (gain) 9.9 (12.8 ) (2.2 ) (3.4 ) Projected benefit obligation at end of year $ 271.2 $ 218.4 $ 17.5 $ 19.3 Change in plan assets: Fair value of plan assets at beginning of year $ 143.4 $ 121.7 $ — $ — Actual return on plan assets 29.0 (6.2 ) — — Benefits paid (9.0 ) (7.2 ) (1.3 ) (0.7 ) Employer contributions 34.0 35.1 1.3 0.7 Fair value of plan assets at end of year $ 197.4 $ 143.4 $ — $ — Reconciliation of funded status: Fair value of plan assets at end of year $ 197.4 $ 143.4 $ — $ — Less benefit obligations at end of year 271.2 218.4 17.5 19.3 Funded status at end of year $ (73.8 ) $ (75.0 ) $ (17.5 ) $ (19.3 )
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 2020 $ 14.7 $ 1.4 2021 17.3 1.5 2022 21.0 1.5 2023 19.3 1.5 2024 21.8 1.4 Years 2025-2029 143.8 7.3
Schedule of net periodic benefit cost	The components of net periodic benefit cost related to the Company’s defined benefit plans consisted of the following: (in millions) Three Months Ended Six Months Ended Pension Benefits 2020 2019 2020 2019 Components of net periodic benefit cost: Service cost $ 15.1 $ 10.9 $ 28.9 $ 21.8 Interest cost 1.7 2.1 3.5 4.2 Expected return on plan assets (3.1 ) (2.4 ) (6.2 ) (4.8 ) Amortization of prior service cost and actuarial loss — — 0.1 0.1 Net periodic benefit cost $ 13.7 $ 10.6 $ 26.3 $ 21.3 (in millions) Three Months Ended Six Months Ended Post-Retirement Medical Plan 2020 2019 2020 2019 Components of net periodic benefit cost: Service cost $ 0.2 $ 0.3 $ 0.5 $ 0.5 Interest cost 0.1 0.1 0.2 0.3 Amortization of prior service cost and actuarial loss 0.2 0.2 0.3 0.3 Net periodic benefit cost $ 0.5 $ 0.6 $ 1.0 $ 1.1	The components of net periodic benefit cost were as follows for the years ended December 31, 2019, 2018 and 2017: Pension Benefits Post-Retirement (in millions) 2019 2018 2017 2019 2018 2017 Components of net periodic benefit cost: Service cost $ 43.6 $ 47.4 $ 40.6 $ 1.0 $ 1.1 $ 1.2 Interest cost 8.3 5.8 4.3 0.7 0.7 0.8 Expected return on plan assets (9.6 ) (8.5 ) (5.8 ) — — — Settlement loss recognized — — 1.0 — — — Amortization of prior service cost and actuarial loss 0.3 0.2 0.5 0.5 0.7 0.6 Net periodic benefit cost $ 42.6 $ 44.9 $ 40.6 $ 2.2 $ 2.5 $ 2.6
Schedule of pre-tax amounts recognized in other comprehensive income (loss)		The pre-tax Pension Benefits Post-Retirement (in millions) 2019 2018 2017 2019 2018 2017 Prior service costs $ — $ — $ 0.5 $ — $ — $ — Net actuarial (gain) loss (10.7 ) 1.9 5.0 (2.3 ) (3.4 ) (2.5 ) Amortization of losses and prior service cost (0.3 ) (0.8 ) (1.4 ) (0.5 ) (0.7 ) (0.6 ) Total changes in other comprehensive (income) loss $ (11.0 ) $ 1.1 $ 4.1 $ (2.8 ) $ (4.1 ) $ (3.1 )
Schedule of pre-tax amounts in accumulated other comprehensive loss not yet recognized as components of net periodic costs		The pre-tax Pension Benefits Post-Retirement (in millions) 2019 2018 2019 2018 Prior service costs $ (0.7 ) $ (0.8 ) $ (4.0 ) $ (4.7 ) Net actuarial (loss) gain (14.5 ) (24.1 ) 6.1 4.0 Total $ (15.2 ) $ (24.9 ) $ 2.1 $ (0.7 )
Schedule of pre-tax amounts in accumulated other comprehensive loss to be recognized over next fiscal year		The following pre-tax (in millions) Pension Benefits Post-Retirement Amortization of prior service costs $ — $ (0.7 ) Amortization of net actuarial (loss) gain (0.2 ) 0.3 Total $ (0.2 ) $ (0.4 )
Schedule of assumptions used		The weighted average assumptions used to determine the benefit obligations as of December 31, 2019 and 2018 were as follows: Qualified Plan Supplemental Plan Post-Retirement Medical Plan 2019 2018 2019 2018 2019 2018 Discount rate - benefit obligations 3.21 % 4.22 % 3.09 % 4.17 % 2.88 % 3.99 % Rate of compensation increase 4.28 % 4.55 % 4.50 % 5.00 % — — The weighted average assumptions used to determine the net periodic benefit costs for the years ended December 31, 2019, 2018 and 2017 were as follows: Qualified Plan Supplemental Plan Post-Retirement 2019 2018 2017 2019 2018 2017 2019 2018 2017 Discount rates: Effective rate for service cost 4.24 % 3.62 % 4.15 % 4.19 % 3.58 % 4.17 % 4.21 % 3.59 % 4.10 % Effective rate for interest cost 3.92 % 3.21 % 3.38 % 3.83 % 3.15 % 3.20 % 3.69 % 2.97 % 3.11 % Effective rate for interest on service cost 4.00 % 3.32 % 3.59 % 3.90 % 3.24 % 3.63 % 4.09 % 3.46 % 3.84 % Expected long-term rate of return on plan assets 6.00 % 6.25 % 6.50 % N/A N/A N/A N/A N/A N/A Rate of compensation increase 4.55 % 4.53 % 4.81 % 5.00 % 5.00 % 5.50 % 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, 2019 and 2018 were as follows: Post-Retirement 2019 2018 Health care cost trend rate assumed for next year 5.7 % 5.8 % 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 effect of one-percentage-point change in assumed health care cost trend rates		Assumed health care cost trend rates have a significant effect on the amounts reported for retiree health care plans. A one percentage-point change in assumed health care cost trend rates would have the following effects on the medical post-retirement benefits: (in millions) 1% 1% Effect on total service and interest cost components $ — $ — Effect on accumulated post-retirement benefit obligation 0.2 (0.2 )
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, 2019 and 2018 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 Fair Value Measurements Using December 31, (in millions) 2019 2018 Equities: Domestic equities $ 47.8 $ 34.8 Developed international equities 29.5 19.2 Global low volatility equities 16.9 11.4 Emerging market equities 14.9 10.3 Fixed-income 74.9 59.7 Real Estate 8.3 7.9 Cash and cash equivalents 5.1 0.1 Total $ 197.4 $ 143.4

REVENUES (Tables)

REVENUES (Tables)	6 Months Ended	12 Months Ended
REVENUES (Tables)	Jun. 30, 2020	Dec. 31, 2019
Revenue from Contract with Customer [Abstract]
Revenue from External Customers by Products and Services	The following table provides information relating to the Company’s revenues from external customers for each product or group of similar products for the periods presented: Three Months Ended (in millions) 2020 2019 Gasoline and distillates $ 2,035.9 $ 5,570.7 Feedstocks and other 215.3 203.9 Asphalt and blackoils 164.1 531.8 Chemicals 45.5 177.6 Lubricants 38.3 67.9 Total Revenues $ 2,499.1 $ 6,551.9 Six Months Ended (in millions) 2020 2019 Gasoline and distillates $ 6,606.3 $ 10,003.7 Feedstocks and other 526.6 404.6 Asphalt and blackoils 371.1 884.8 Chemicals 158.3 329.3 Lubricants 96.8 138.2 Total Revenues $ 7,759.1 $ 11,760.6	The following table provides information relating to the Company’s revenues from external customers for each product or group of similar products for the periods presented: Year Ended December 31, (in millions) 2019 2018 2017 Gasoline and distillates $ 21,278.4 $ 23,032.6 $ 18,316.1 Asphalt and blackoils 1,426.4 1,592.9 1,162.3 Feedstocks and other 806.9 1,374.2 1,218.4 Chemicals 682.3 842.8 770.5 Lubricants 274.9 321.5 305.1 Total Revenues $ 24,468.9 $ 27,164.0 $ 21,772.4

INCOME TAXES (Tables)

INCOME TAXES (Tables)	6 Months Ended	12 Months Ended
INCOME TAXES (Tables)	Jun. 30, 2020	Dec. 31, 2019
Income Tax Disclosure [Abstract]
Components of Income Tax (Benefit) Expense	The reported income tax provision in the PBF Holding Condensed Consolidated Financial Statements of Operations consists of the following: Three Months Ended Six Months Ended (in millions) 2020 2019 2020 2019 Current income tax benefit $ — $ (0.1 ) $ — $ (0.1 ) Deferred income tax (benefit) expense (4.4 ) 1.9 9.8 (5.3 ) Total income tax (benefit) expense $ (4.4 ) $ 1.8 $ 9.8 $ (5.4 )	The reported income tax (benefit) expense in the PBF Holding Consolidated Statements of Operations consists of the following: (in millions) December 31, December 31, December 31, Current income tax expense $ 0.5 $ 0.8 $ 1.7 Deferred income tax (benefit) expense (8.8 ) 7.2 (12.5 ) Total income tax (benefit) expense $ (8.3 ) $ 8.0 $ (10.8 )
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]		A summary of the components of PBF Holding’s deferred tax assets and deferred tax liabilities consists of the following: (in millions) December 31, 2019 December 31, 2018 Deferred tax assets Net operating loss carry forwards $ 1.8 $ — Other 0.4 1.1 Total deferred tax assets 2.2 1.1 Valuation allowances — — Total deferred tax assets, net 2.2 1.1 Deferred tax liabilities Property, plant and equipment 17.3 15.8 Inventory 16.3 25.7 Total deferred tax liabilities 33.6 41.5 Net deferred tax liability $ (31.4 ) $ (40.4 )

FAIR VALUE MEASUREMENTS (Tables

FAIR VALUE MEASUREMENTS (Tables)	6 Months Ended	12 Months Ended
FAIR VALUE MEASUREMENTS (Tables)	Jun. 30, 2020	Dec. 31, 2019
Fair Value Disclosures [Abstract]
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis	The tables below present information about the Company’s financial assets and liabilities measured and recorded at fair value on a recurring basis and indicate the fair value hierarchy of the inputs utilized to determine the fair values as of June 30, 2020 and December 31, 2019. The Company has elected to offset the fair value amounts recognized for multiple derivative contracts executed with the same counterparty; however, fair value amounts by hierarchy level are presented on a gross basis in the tables below. The Company has posted cash margin with various counterparties to support hedging and trading activities. The cash margin posted is required by counterparties as collateral deposits and cannot be offset against the fair value of open contracts except in the event of default. The Company has no derivative contracts that are subject to master netting arrangements that are reflected gross on the Condensed Consolidated Balance Sheets. As of June 30, 2020 Fair Value Hierarchy Total Effect of Net Carrying (in millions) Level 1 Level 2 Level 3 Assets: Money market funds $ 401.2 $ — $ — $ 401.2 N/A $ 401.2 Commodity contracts 0.1 7.0 1.3 8.4 (8.4 ) — Derivatives included with inventory intermediation agreement obligations — 24.4 — 24.4 — 24.4 Liabilities: Commodity contracts 0.5 13.6 0.3 14.4 (8.4 ) 6.0 Catalyst obligations — 32.1 — 32.1 — 32.1 Contingent consideration obligation — — 13.4 13.4 — 13.4 As of December 31, 2019 Fair Value Hierarchy Total Effect of Net Carrying (in millions) Level 1 Level 2 Level 3 Assets: Money market funds $ 97.9 $ — $ — $ 97.9 N/A $ 97.9 Commodity contracts 32.5 1.5 — 34.0 (33.8 ) 0.2 Liabilities: Commodity contracts 32.8 1.0 — 33.8 (33.8 ) — Catalyst obligations — 47.6 — 47.6 — 47.6 Derivatives included with inventory intermediation agreement obligations — 1.3 — 1.3 — 1.3	The 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, 2019 and 2018. 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, 2019 Fair Value Hierarchy (in millions) Level 1 Level 2 Level 3 Total Gross Effect of Net Assets: Money market funds $ 97.9 $ — $ — $ 97.9 N/A $ 97.9 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 As of December 31, 2018 Fair Value Hierarchy (in millions) Level 1 Level 2 Level 3 Total Gross Effect of Net Assets: Money market funds $ 2.8 $ — $ — $ 2.8 N/A $ 2.8 Commodity contracts 1.2 8.9 — 10.1 (2.9 ) 7.2 Derivatives included with inventory intermediation agreement obligations — 24.1 — 24.1 — 24.1 Liabilities: Commodity contracts 2.7 0.2 — 2.9 (2.9 ) — Catalyst obligations — 44.3 — 44.3 — 44.3
Schedule of Fair value of Debt	The table below summarizes the carrying value and fair value of debt as of June 30, 2020 and December 31, 2019. June 30, 2020 December 31, 2019 (in millions) Carrying value Fair value Carrying value Fair value 2025 Senior Secured Notes (a) $ 1,000.0 $ 1,074.3 $ — $ — 2028 Senior Notes (a) 1,000.0 835.0 — — 2025 Senior Notes (a) 725.0 661.8 725.0 776.5 2023 Senior Notes (b) — — 500.0 519.7 Revolving Credit Facility (c) $ 600.0 $ 600.0 $ — $ — PBF Rail Term Loan (c) 11.0 11.0 14.5 14.5 Catalyst financing arrangements (d) 32.1 32.1 47.6 47.6 3,368.1 3,214.2 1,287.1 1,358.3 Less - Unamortized deferred financing costs (43.4 ) n/a (24.3 ) n/a Long-term debt $ 3,324.7 $ 3,214.2 $ 1,262.8 $ 1,358.3 (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 6 - 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. (d) 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.	The table below summarizes the fair value and carrying value of debt as of December 31, 2019 and 2018. December 31, 2019 December 31, 2018 (in millions) Carrying Fair Carrying Fair 2025 Senior Notes (a) $ 725.0 $ 776.5 $ 725.0 $ 688.4 2023 Senior Notes (a) (d) 500.0 519.7 500.0 479.4 PBF Rail Term Loan (b) 14.5 14.5 21.6 21.6 Catalyst financing arrangements (c) 47.6 47.6 44.3 44.3 1,287.1 1,358.3 1,290.9 1,233.7 Less - Current debt (c) — — (2.4 ) (2.4 ) Less - Unamortized deferred financing costs (24.3 ) n/a (30.5 ) n/a Long-term debt $ 1,262.8 $ 1,358.3 $ 1,258.0 $ 1,231.3 (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 Senior Notes. (b) 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. (c) 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. (d) As disclosed in “Note 7 - Credit Facilities and Debt”, these notes became unsecured following the Collateral Fall-Away Event on May 30, 2017.
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation	The table below summarizes the changes in fair value measurements categorized in Level 3 of the fair value hierarchy: (in millions) Three Months Six Months Balance at beginning of period $ 24.3 $ — Additions — 77.3 Accretion on discounted liabilities 1.5 1.5 Settlements 0.4 0.4 Unrealized gain included in earnings (13.8 ) (66.8 ) Balance at end of period $ 12.4 $ 12.4

DERIVATIVES (Tables)

DERIVATIVES (Tables)	6 Months Ended	12 Months Ended
DERIVATIVES (Tables)	Jun. 30, 2020	Dec. 31, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Fair Value of Derivative Instruments	The following tables provide information about the fair values of these derivative instruments as of June 30, 2020 and December 31, 2019 and the line items in the Condensed Consolidated Balance Sheets in which the fair values are reflected. Description Balance Sheet Location Fair Value (in millions) Derivatives designated as hedging instruments: June 30, 2020: Derivatives included with the inventory intermediation agreement obligations Accrued expenses $ 24.4 December 31, 2019: Derivatives included with the inventory intermediation agreement obligations Accrued expenses $ (1.3 ) Derivatives not designated as hedging instruments: June 30, 2020: Commodity contracts Accrued expenses $ (6.0 ) December 31, 2019: Commodity contracts Accounts receivable $ 0.2	The following tables provide information about the fair values of these derivative instruments as of December 31, 2019 and December 31, 2018 and the line items in the Consolidated Balance Sheets in which the fair values are reflected. Description Balance Sheet Fair Value (in millions) Derivatives designated as hedging instruments: December 31, 2019: Derivatives included with the inventory intermediation agreement obligations Accrued expenses $ (1.3 ) December 31, 2018: Derivatives included with the inventory intermediation agreement obligations Accrued expenses $ 24.1 Derivatives not designated as hedging instruments: December 31, 2019: Commodity contracts Accounts receivable $ 0.2 December 31, 2018: Commodity contracts Accounts receivable $ 7.2
Schedule of Derivative Instruments, Gain (Loss) Recognized in Income	The following table provides information about the gains or losses recognized in income on these derivative instruments and the line items in the Condensed Consolidated Statements of Operations in which such gains and losses are reflected. Description Location of Gain or (Loss) Income on Derivatives Gain or (Loss) Recognized in Income on (in millions) Derivatives designated as hedging instruments: For the three months ended June 30, 2020: Derivatives included with the inventory intermediation agreement obligations Cost of products and other $ (42.2 ) For the three months ended June 30, 2019: Derivatives included with the inventory intermediation agreement obligations Cost of products and other $ (20.8 ) For the six months ended June 30, 2020: Derivatives included with the inventory intermediation agreement obligations Cost of products and other $ 25.7 For the six months ended June 30, 2019: Derivatives included with the inventory intermediation agreement obligations Cost of products and other $ (35.0 ) Derivatives not designated as hedging instruments: For the three months ended June 30, 2020: Commodity contracts Cost of products and other $ (13.2 ) For the three months ended June 30, 2019: Commodity contracts Cost of products and other $ 1.0 For the six months ended June 30, 2020: Commodity contracts Cost of products and other $ 65.0 For the six months ended June 30, 2019: Commodity contracts Cost of products and other $ 32.7 Hedged items designated in fair value hedges: For the three months ended June 30, 2020: Crude oil, intermediate and refined product inventory Cost of products and other $ 42.2 For the three months ended June 30, 2019: Crude oil, intermediate and refined product inventory Cost of products and other $ 20.8 For the six months ended June 30, 2020: Crude oil, intermediate and refined product inventory Cost of products and other $ (25.7 ) For the six months ended June 30, 2019: Crude oil, intermediate and refined product inventory Cost of products and other $ 35.0	The 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 Gain or (Loss) (in millions) Derivatives designated as hedging instruments: 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 For the year ended December 31, 2017: Derivatives included with the inventory intermediation agreement obligations Cost of products and other $ (13.8 ) Derivatives not designated as hedging instruments: 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 ) For the year ended December 31, 2017: Commodity contracts Cost of products and other $ (85.4 ) Hedged items designated in fair value hedges: For the year ended December 31, 2019: Crude oil, 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 ) For the year ended December 31, 2017: Intermediate and refined product inventory Cost of products and other $ 13.8

CONSOLIDATING FINANCIAL STATE_2

CONSOLIDATING FINANCIAL STATEMENTS OF PBF HOLDING (Tables)	12 Months Ended
CONSOLIDATING FINANCIAL STATEMENTS OF PBF HOLDING (Tables)	Dec. 31, 2019
Text Block [Abstract]
Condensed Consolidating Balance Sheet	CONSOLIDATING BALANCE SHEETS December 31, 2019 (in millions) Issuer Guarantor Non- Combining Total ASSETS Current assets: Cash and cash equivalents $ 734.0 $ 6.0 $ 23.1 $ — $ 763.1 Accounts receivable 788.1 6.6 31.9 — 826.6 Accounts receivable - affiliate 2.6 3.0 0.9 — 6.5 Inventories 1,913.3 — 208.9 — 2,122.2 Prepaid and other current assets 18.7 27.3 2.0 — 48.0 Due from related parties 39,148.7 26,857.6 12,295.9 (78,302.2 ) — Total current assets 42,605.4 26,900.5 12,562.7 (78,302.2 ) 3,766.4 Property, plant and equipment, net 15.8 2,916.2 236.6 — 3,168.6 Investment in subsidiaries — 227.2 — (227.2 ) — Operating lease right of use assets - third party 150.1 155.9 0.1 — 306.1 Operating lease right of use assets - affiliate 586.5 63.8 — — 650.3 Deferred charges and other assets, net 27.0 927.2 — — 954.2 Total assets $ 43,384.8 $ 31,190.8 $ 12,799.4 $ (78,529.4 ) $ 8,845.6 LIABILITIES AND EQUITY Current liabilities: Accounts payable $ 438.7 $ 134.0 $ 18.5 $ — $ 591.2 Accounts payable - affiliate 46.3 1.5 0.3 — 48.1 Accrued expenses 1,462.1 114.0 215.3 — 1,791.4 Current operating lease liabilities - third party 63.3 8.7 — — 72.0 Current operating lease liabilities - affiliate 76.4 2.8 — — 79.2 Deferred revenue 15.3 1.7 — — 17.0 Due to related parties 31,996.2 33,994.6 12,311.4 (78,302.2 ) — Total current liabilities 34,098.3 34,257.3 12,545.5 (78,302.2 ) 2,598.9 Long-term debt 1,200.8 47.6 14.4 — 1,262.8 Deferred tax liabilities — — 31.4 — 31.4 Long-term operating lease liabilities - third party 85.6 147.3 — — 232.9 Long-term operating lease liabilities - affiliate 510.2 60.9 — — 571.1 Other long-term liabilities 55.9 192.3 3.1 — 251.3 Investment in subsidiaries 3,536.8 — — (3,536.8 ) — Total liabilities 39,487.6 34,705.4 12,594.4 (81,839.0 ) 4,948.4 Commitments and contingencies Equity: PBF Holding Company LLC equity Member’s equity 2,739.1 1,595.2 141.0 (1,736.2 ) 2,739.1 Retained earnings 1,156.9 (5,123.9 ) 64.0 5,059.9 1,156.9 Accumulated other comprehensive income (loss) (9.7 ) 3.2 — (3.2 ) (9.7 ) Total PBF Holding Company LLC equity 3,886.3 (3,525.5 ) 205.0 3,320.5 3,886.3 Noncontrolling interest 10.9 10.9 — (10.9 ) 10.9 Total equity 3,897.2 (3,514.6 ) 205.0 3,309.6 3,897.2 Total liabilities and equity $ 43,384.8 $ 31,190.8 $ 12,799.4 $ (78,529.4 ) $ 8,845.6 CONSOLIDATING BALANCE SHEETS December 31, 2018 (in millions) Issuer Guarantor Non- Combining Total ASSETS Current assets: Cash and cash equivalents $ 526.0 $ 9.1 $ 26.6 $ — $ 561.7 Accounts receivable 690.1 7.2 13.4 — 710.7 Accounts receivable - affiliate 1.8 9.5 0.7 — 12.0 Inventories 1,685.4 — 178.7 — 1,864.1 Prepaid and other current assets 20.7 30.0 1.8 — 52.5 Due from related parties 33,793.1 25,057.3 9,534.2 (68,384.6 ) — Total current assets 36,717.1 25,113.1 9,755.4 (68,384.6 ) 3,201.0 Property, plant and equipment, net 17.3 2,722.7 231.2 — 2,971.2 Investment in subsidiaries — 421.4 — (421.4 ) — Investment in equity method investee — — 169.5 — 169.5 Deferred charges and other assets, net 16.0 855.8 — — 871.8 Total assets $ 36,750.4 $ 29,113.0 $ 10,156.1 $ (68,806.0 ) $ 7,213.5 LIABILITIES AND EQUITY Current liabilities: Accounts payable $ 278.2 $ 189.7 $ 15.9 $ — $ 483.8 Accounts payable - affiliate 34.2 14.8 0.5 — 49.5 Accrued expenses 1,364.0 156.1 58.9 — 1,579.0 Current debt — 2.4 — — 2.4 Deferred revenue 15.6 1.5 — — 17.1 Due to related parties 28,340.7 30,433.4 9,610.5 (68,384.6 ) — Total current liabilities 30,032.7 30,797.9 9,685.8 (68,384.6 ) 2,131.8 Long-term debt 1,194.7 42.0 21.3 — 1,258.0 Deferred tax liabilities — — 40.4 — 40.4 Other long-term liabilities 54.9 194.5 4.1 — 253.5 Investment in subsidiaries 1,938.3 — — (1,938.3 ) — Total liabilities 33,220.6 31,034.4 9,751.6 (70,322.9 ) 3,683.7 Commitments and contingencies Equity: PBF Holding Company LLC equity Member’s equity 2,652.5 1,737.2 323.7 (2,060.9 ) 2,652.5 Retained earnings 890.3 (3,662.0 ) 80.8 3,581.2 890.3 Accumulated other comprehensive loss (23.9 ) (7.5 ) — 7.5 (23.9 ) Total PBF Holding Company LLC equity 3,518.9 (1,932.3 ) 404.5 1,527.8 3,518.9 Noncontrolling interest 10.9 10.9 — (10.9 ) 10.9 Total equity 3,529.8 (1,921.4 ) 404.5 1,516.9 3,529.8 Total liabilities and equity $ 36,750.4 $ 29,113.0 $ 10,156.1 $ (68,806.0 ) $ 7,213.5
Condensed Consolidating Statement of Operations and Comprehensive Income (Loss)	CONSOLIDATING STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME Year Ended December 31, 2019 (in millions) Issuer Guarantor Non- Combining Total Revenues $ 24,276.8 $ 1,763.3 $ 3,049.2 $ (4,620.4 ) $ 24,468.9 Cost and expenses: Cost of products and other 22,090.6 1,153.7 3,043.8 (4,620.4 ) 21,667.7 Operating expenses (excluding depreciation and amortization expense as reflected below) — 1,652.8 31.5 — 1,684.3 Depreciation and amortization expense — 378.9 7.8 — 386.7 Cost of sales 22,090.6 3,185.4 3,083.1 (4,620.4 ) 23,738.7 General and administrative expenses (excluding depreciation and amortization expense as reflected below) 224.3 36.1 (1.7 ) — 258.7 Depreciation and amortization expense 10.8 — — — 10.8 Equity income in investee — — (7.9 ) — (7.9 ) Gain on sale of assets — (29.9 ) — — (29.9 ) Total cost and expenses 22,325.7 3,191.6 3,073.5 (4,620.4 ) 23,970.4 Income (loss) from operations 1,951.1 (1,428.3 ) (24.3 ) — 498.5 Other income (expense): Equity in earnings (loss) of subsidiaries (1,456.6 ) (16.8 ) — 1,473.4 — Interest expense, net (105.5 ) (2.4 ) (0.8 ) — (108.7 ) Change in fair value of catalyst obligations — (9.7 ) — — (9.7 ) Other non-service (0.8 ) 0.6 — — (0.2 ) Income (loss) before income taxes 388.2 (1,456.6 ) (25.1 ) 1,473.4 379.9 Income tax benefit — — (8.3 ) — (8.3 ) Net income (loss) 388.2 (1,456.6 ) (16.8 ) 1,473.4 388.2 Less: net income attributable to noncontrolling interests — — — — — Net income (loss) attributable to PBF Holding Company LLC $ 388.2 $ (1,456.6 ) $ (16.8 ) $ 1,473.4 $ 388.2 Comprehensive income (loss) attributable to PBF Holding Company LLC $ 391.6 $ (1,445.8 ) $ (16.8 ) $ 1,473.4 $ 402.4 CONSOLIDATING STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME Year Ended December 31, 2018 (in millions) Issuer Guarantor Non- Combining Total Revenues $ 26,935.1 $ 1,532.4 $ 2,961.1 $ (4,264.6 ) $ 27,164.0 Cost and expenses: Cost of products and other 25,170.9 940.2 2,898.1 (4,264.6 ) 24,744.6 Operating expenses (excluding depreciation and amortization expense as reflected below) 0.1 1,623.6 31.1 — 1,654.8 Depreciation and amortization expense — 322.0 7.7 — 329.7 Cost of sales 25,171.0 2,885.8 2,936.9 (4,264.6 ) 26,729.1 General and administrative expenses (excluding depreciation and amortization expense as reflected below) 222.9 26.7 4.2 — 253.8 Depreciation and amortization expense 10.6 — — — 10.6 Equity income in investee — — (17.8 ) — (17.8 ) Gain on sale of asset — (43.1 ) — — (43.1 ) Total cost and expenses 25,404.5 2,869.4 2,923.3 (4,264.6 ) 26,932.6 Income (loss) from operations 1,530.6 (1,337.0 ) 37.8 — 231.4 Other income (expense) Equity in earnings (loss) of subsidiaries (1,302.9 ) 28.7 — 1,274.2 — Interest expense, net (124.3 ) (1.7 ) (1.1 ) — (127.1 ) Change in fair value of catalyst obligations — 5.6 — — 5.6 Other non-service (0.4 ) 1.5 — — 1.1 Income (loss) before income taxes 103.0 (1,302.9 ) 36.7 1,274.2 111.0 Income tax expense — — 8.0 — 8.0 Net income (loss) 103.0 (1,302.9 ) 28.7 1,274.2 103.0 Less: net income attributable to noncontrolling interests 0.1 0.1 — (0.1 ) 0.1 Net income (loss) attributable to PBF Holding Company LLC $ 102.9 $ (1,303.0 ) $ 28.7 $ 1,274.3 $ 102.9 Comprehensive income (loss) attributable to PBF Holding Company LLC $ 105.9 $ (1,303.0 ) $ 28.7 $ 1,274.3 $ 105.9 CONSOLIDATING STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME Year Ended December 31, 2017 (in millions) Issuer Guarantor Non- Combining Total Revenues $ 21,489.7 $ 1,488.7 $ 2,376.6 $ (3,582.6 ) $ 21,772.4 Cost and expenses Cost of products and other 19,354.4 962.9 2,361.1 (3,582.6 ) 19,095.8 Operating expenses (excluding depreciation and amortization expense as reflected below) — 1,594.9 31.5 — 1,626.4 Depreciation and amortization expense — 246.7 7.6 — 254.3 Cost of sales 19,354.4 2,804.5 2,400.2 (3,582.6 ) 20,976.5 General and administrative expenses (excluding depreciation and amortization expense as reflected below) 170.1 28.3 (0.5 ) — 197.9 Depreciation and amortization expense 13.0 — — — 13.0 Equity income in investee — — (14.6 ) — (14.6 ) Loss on sale of assets — 1.5 — — 1.5 Total cost and expenses 19,537.5 2,834.3 2,385.1 (3,582.6 ) 21,174.3 Income (loss) from operations 1,952.2 (1,345.6 ) (8.5 ) — 598.1 Other income (expense): Equity in earnings (loss) of subsidiaries (1,349.2 ) 1.3 — 1,347.9 — Change in fair value of catalyst obligations — (2.2 ) — — (2.2 ) Debt extinguishment costs (25.5 ) — — — (25.5 ) Interest expense, net (120.1 ) (1.5 ) (1.0 ) — (122.6 ) Other non-service (0.2 ) (1.2 ) — — (1.4 ) Income (loss) before income taxes 457.2 (1,349.2 ) (9.5 ) 1,347.9 446.4 Income tax benefit — — (10.8 ) — (10.8 ) Net income (loss) 457.2 (1,349.2 ) 1.3 1,347.9 457.2 Less: net income attributable to noncontrolling interests 0.1 0.1 — (0.1 ) 0.1 Net income (loss) attributable to PBF Holding Company LLC $ 457.1 $ (1,349.3 ) $ 1.3 $ 1,348.0 $ 457.1 Comprehensive income (loss) attributable to PBF Holding Company LLC $ 456.1 $ (1,349.3 ) $ 1.3 $ 1,348.0 $ 456.1
Condensed Consolidating Statement of Cash Flow	CONSOLIDATING STATEMENTS OF CASH FLOWS Year Ended December 31, 2019 (in millions) Issuer Guarantor Non- Combining Total Cash flows from operating activities: Net income (loss) $ 388.2 $ (1,456.6 ) $ (16.8 ) $ 1,473.4 $ 388.2 Adjustments to reconcile net income (loss) to net cash provided by operating activities: Depreciation and amortization 17.0 379.5 7.9 — 404.4 Stock-based compensation 1.2 29.3 — — 30.5 Change in fair value of catalyst obligations — 9.7 — — 9.7 Deferred income taxes — — (8.8 ) — (8.8 ) Non-cash 25.4 — — — 25.4 Non-cash (250.2 ) — — — (250.2 ) Pension and other post-retirement benefit costs 9.2 35.6 — — 44.8 Income from equity method investee — — (7.9 ) — (7.9 ) Distributions from equity method investee — — 7.9 — 7.9 Gain on sale of assets — (29.9 ) — — (29.9 ) Equity in earnings of subsidiaries 1,456.6 16.8 — (1,473.4 ) — Changes in operating assets and liabilities: Accounts receivable (98.0 ) 0.6 (18.5 ) — (115.9 ) Due to/from affiliates (1,661.7 ) 1,735.4 (61.1 ) — 12.6 Inventories 22.2 — (30.2 ) — (8.0 ) Prepaid and other current assets 2.0 2.6 (0.2 ) — 4.4 Accounts payable 160.5 (31.1 ) 2.6 — 132.0 Accrued expenses 45.9 7.4 156.2 — 209.5 Deferred revenue (0.3 ) 0.1 — — (0.2 ) Other assets and liabilities (13.3 ) (36.0 ) (9.6 ) — (58.9 ) Net cash provided by operating activities $ 104.7 $ 663.4 $ 21.5 $ — $ 789.6 Cash flows from investing activities: Expenditures for property, plant and equipment (8.3 ) (351.8 ) (13.0 ) — (373.1 ) Expenditures for deferred turnaround costs — (299.3 ) — — (299.3 ) Expenditures for other assets — (44.7 ) — — (44.7 ) Proceeds from sale of assets — 36.3 — — 36.3 Equity method investment - return of capital — — 0.6 — 0.6 Investment in subsidiaries 5.6 — — (5.6 ) — Due to/from affiliates (5.7 ) — — 5.7 — Net cash used in investing activities $ (8.4 ) $ (659.5 ) $ (12.4 ) $ 0.1 $ (680.2 ) Cash flows from financing activities: Contributions from PBF LLC $ 228.5 $ — $ — $ — $ 228.5 Distributions to members (116.3 ) (5.3 ) — — (121.6 ) Distribution to parent — — (5.6 ) 5.6 — Proceeds from revolver borrowings 1,350.0 — — — 1,350.0 Repayments of revolver borrowings (1,350.0 ) — — — (1,350.0 ) Repayments of PBF Rail Term Loan — — (7.0 ) — (7.0 ) Settlements of catalyst obligations — (6.5 ) — — (6.5 ) Due to/from affiliates — 5.7 — (5.7 ) — Deferred financing costs and other (0.5 ) (0.9 ) — — (1.4 ) Net cash provided by (used in) financing activities $ 111.7 $ (7.0 ) $ (12.6 ) $ (0.1 ) $ 92.0 Net increase (decrease) in cash and cash equivalents 208.0 (3.1 ) (3.5 ) — 201.4 Cash and cash equivalents, beginning of period 526.0 9.1 26.6 — 561.7 Cash and cash equivalents, end of period $ 734.0 $ 6.0 $ 23.1 $ — $ 763.1 CONSOLIDATING STATEMENTS OF CASH FLOWS Year Ended December 31, 2018 (in millions) Issuer Guarantor Non- Combining Total Cash flows from operating activities: Net income (loss) $ 103.0 $ (1,302.9 ) $ 28.7 $ 1,274.2 $ 103.0 Adjustments to reconcile net income (loss) to net cash provided by operating activities: Depreciation and amortization 16.9 322.0 7.8 — 346.7 Stock-based compensation 0.2 20.0 — — 20.2 Change in fair value of catalyst obligations — (5.6 ) — — (5.6 ) Deferred income taxes — — 7.2 — 7.2 Non-cash (31.8 ) — — — (31.8 ) Non-cash 351.3 — — — 351.3 Pension and other post-retirement benefit costs 7.8 39.6 — — 47.4 Equity in earnings (loss) of subsidiaries 1,302.9 (28.7 ) — (1,274.2 ) — Income from equity method investee — — (17.8 ) — (17.8 ) Distributions from equity method investee — — 17.8 — 17.8 Gain on sale of assets — (43.1 ) — — (43.1 ) Changes in operating assets and liabilities: Accounts receivable 213.1 0.4 26.9 — 240.4 Due to/from affiliates (1,608.5 ) 1,483.8 121.2 — (3.5 ) Inventories (54.2 ) — 52.7 — (1.5 ) Prepaid and other current assets (0.1 ) (2.9 ) 0.1 — (2.9 ) Accounts payable (135.6 ) 31.0 (6.1 ) — (110.7 ) Accrued expenses (43.2 ) 20.6 (210.4 ) — (233.0 ) Deferred revenue 9.5 0.1 — — 9.6 Other assets and liabilities 32.6 (10.2 ) (21.1 ) — 1.3 Net cash provided by operating activities $ 163.9 $ 524.1 $ 7.0 $ — $ 695.0 Cash flows from investing activities: Expenditures for property, plant and equipment (6.2 ) (268.9 ) (2.2 ) — (277.3 ) Expenditures for deferred turnaround costs — (266.0 ) — — (266.0 ) Expenditures for other assets — (17.0 ) — — (17.0 ) Proceeds from sale of assets — 48.3 — — 48.3 Equity method investment - return of capital — — 2.4 — 2.4 Net cash (used in) provided by investing activities $ (6.2 ) $ (503.6 ) $ 0.2 $ — $ (509.6 ) Cash flows from financing activities: Contributions from PBF LLC 287.0 — — — 287.0 Distributions to members (42.5 ) (10.1 ) — — (52.6 ) Repayments of revolver borrowings (350.0 ) — — — (350.0 ) Repayments of PBF Rail Term Loan — — (6.8 ) — (6.8 ) Repayments of note payable — (5.6 ) — — (5.6 ) Settlements of catalyst obligations — (9.1 ) — — (9.1 ) Deferred financing costs and other (12.8 ) — — — (12.8 ) Net cash used in financing activities (118.3 ) (24.8 ) (6.8 ) — (149.9 ) Net increase (decrease) in cash and cash equivalents 39.4 (4.3 ) 0.4 — 35.5 Cash and cash equivalents, beginning of period 486.6 13.4 26.2 — 526.2 Cash and cash equivalents, end of period $ 526.0 $ 9.1 $ 26.6 $ — $ 561.7 CONSOLIDATING STATEMENTS OF CASH FLOWS Year Ended December 31, 2017 (in millions) Issuer Guarantor Non- Combining Total Cash flows from operating activities: Net income (loss) $ 457.2 $ (1,349.2 ) $ 1.3 $ 1,347.9 $ 457.2 Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities: Depreciation and amortization 20.0 247.0 7.7 — 274.7 Stock-based compensation — 21.5 — — 21.5 Change in fair value of catalyst obligations — 2.2 — — 2.2 Deferred income taxes — — (12.5 ) — (12.5 ) Non-cash 13.8 — — — 13.8 Non-cash (295.5 ) — — — (295.5 ) Debt extinguishment costs 25.5 — — — 25.5 Distribution received from subsidiaries — 7.2 — (7.2 ) — Pension and other post-retirement benefit costs 6.6 35.6 — — 42.2 Income from equity method investee — — (14.6 ) — (14.6 ) Distributions from equity method investee — — 20.2 — 20.2 Loss on sale of assets — 1.5 — — 1.5 Equity in earnings (loss) of subsidiaries 1,349.2 (1.3 ) — (1,347.9 ) — Changes in operating assets and liabilities: Accounts receivable (304.1 ) 0.4 (31.5 ) — (335.2 ) Due to/from affiliates (1,696.1 ) 1,709.8 (10.5 ) — 3.2 Inventories (6.7 ) — (48.0 ) — (54.7 ) Prepaid and other current assets 6.9 (14.4 ) (1.7 ) — (9.2 ) Accounts payable 53.5 (28.1 ) 7.6 1.5 34.5 Accrued expenses 288.4 (38.0 ) 102.7 — 353.1 Deferred revenue (4.8 ) — — — (4.8 ) Other assets and liabilities (11.8 ) (19.1 ) (21.1 ) — (52.0 ) Net cash (used in) provided by operating activities $ (97.9 ) $ 575.1 $ (0.4 ) $ (5.7 ) $ 471.1 Cash flows from investing activities: Expenditures for property, plant and equipment (1.9 ) (230.2 ) (0.5 ) — (232.6 ) Expenditures for deferred turnaround costs — (379.1 ) — — (379.1 ) Expenditures for other assets — (31.2 ) — — (31.2 ) Equity method investment - return of capital — — 1.3 — 1.3 Due to/from affiliates (0.9 ) — — 0.9 — Net cash (used in) provided by investing activities $ (2.8 ) $ (640.5 ) $ 0.8 $ 0.9 $ (641.6 ) Cash flows from financing activities: Contributions from PBF LLC 97.0 — — — 97.0 Distributions to members (61.2 ) — — — (61.2 ) Distributions to T&M and Collins shareholders — — (9.0 ) 7.2 (1.8 ) Payment received for affiliate note receivable — 11.6 — — 11.6 Proceeds from 2025 Senior Notes 725.0 — — — 725.0 Cash paid to extinguish 2020 Senior Notes (690.2 ) — — — (690.2 ) Proceeds from revolver borrowings 490.0 — — — 490.0 Repayments of revolver borrowings (490.0 ) — — — (490.0 ) Repayments of PBF Rail Term Loan — — (6.6 ) — (6.6 ) Repayments of note payable — (1.2 ) — — (1.2 ) Settlements of catalyst obligations — 10.8 — — 10.8 Due to/from affiliates — 0.9 — (0.9 ) — Deferred financing costs and other (13.4 ) — — — (13.4 ) Net cash provided by (used in) financing activities $ 57.2 $ 22.1 $ (15.6 ) $ 6.3 $ 70.0 Net (decrease) increase in cash and cash equivalents (43.5 ) (43.3 ) (15.2 ) 1.5 (100.5 ) Cash and cash equivalents, beginning of period 530.1 56.7 41.4 (1.5 ) 626.7 Cash and cash equivalents, end of period $ 486.6 $ 13.4 $ 26.2 $ — $ 526.2

ACQUISITIONS (Tables)

ACQUISITIONS (Tables)	6 Months Ended
ACQUISITIONS (Tables)	Jun. 30, 2020
Business Combinations [Abstract]
Business Combination, Consideration Transferred, Working Capital Adjustments	The total purchase consideration and the fair values of the assets and liabilities at the acquisition date, which may be subject to adjustments as noted above, were as follows: (in millions) Purchase Price Gross purchase price $ 960.0 Working capital, including post close adjustments 216.1 Contingent consideration (a) 77.3 Total consideration $ 1,253.4 (a) The Martinez Acquisition includes an obligation for the Company to make post-closing earn-out
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed	The following table summarizes the preliminary amounts recognized for assets acquired and liabilities assumed as of the acquisition date: (in millions) Fair Value 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 - third party within the Condensed Consolidated Balance Sheet. (b) Current financing lease liabilities are recorded in Accrued expenses within the Condensed Consolidated Balance Sheet.
Business Acquisition, Pro Forma Information	(Unaudited, in millions) Six Months Ended Six Months Ended Pro-forma $ 8,122.9 $ 13,845.8 Pro-forma (987.4 ) 218.4

DESCRIPTION OF THE BUSINESS A_2

DESCRIPTION OF THE BUSINESS AND BASIS OF PRESENTATION - Additional Information (Detail)	6 Months Ended	12 Months Ended
	Jun. 30, 2020Segment	Dec. 31, 2019	Dec. 31, 2018
Percentage of ownership in PBF LLC		100.00%
Number of Reportable Segments	1	1
PBF Energy [Member] \| Class A Common Stock [Member]
Percentage of ownership in PBF LLC	99.20%	99.00%	99.00%

SUMMARY OF SIGNIFICANT ACCOUN_4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Concentration of Credit Risk) (Detail) - Customer Concentration Risk [Member]	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Revenues [Member]
Concentration Risk [Line Items]
Concentration risk percentage	0.00%	0.00%	0.00%
Accounts Receivable [Member]
Concentration Risk [Line Items]
Concentration risk percentage	0.00%	0.00%

SUMMARY OF SIGNIFICANT ACCOUN_5

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Allowance for Doubtful Accounts) (Detail) - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019	Dec. 31, 2018
Accounting Policies [Abstract]
Allowance for Doubtful Accounts Receivable	$ 0	$ 0	$ 0

SUMMARY OF SIGNIFICANT ACCOUN_6

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Detail)	12 Months Ended
	Dec. 31, 2019
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_7

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Deferred Charges and Other Assets, Net) (Detail)	12 Months Ended
	Dec. 31, 2019
Minimum [Member]
Finite-Lived Intangible Assets [Line Items]
Refinery turnaround amortization period	3 years
Intangible assets estimated useful lives	1 year
Maximum [Member]
Finite-Lived Intangible Assets [Line Items]
Refinery turnaround amortization period	6 years
Intangible assets estimated useful lives	10 years
Revolving Credit Facility and Senior Secured Notes [Member] \| Minimum [Member]
Finite-Lived Intangible Assets [Line Items]
Amortization over life of loan	1 year
Revolving Credit Facility and Senior Secured Notes [Member] \| Maximum [Member]
Finite-Lived Intangible Assets [Line Items]
Amortization over life of loan	8 years

SUMMARY OF SIGNIFICANT ACCOUN_8

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Stock-Based Compensation) (Detail) - Performance Share Units and Performance Unit Awards [Member]	Jan. 01, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Award Requisite Service Period	3 years
Minimum [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]
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 ACCOUN_9

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Income Taxes) (Detail) - Subsidiary	6 Months Ended	12 Months Ended
	Jun. 30, 2020	Dec. 31, 2019
Accounting Policies [Abstract]
Number of subsidiaries acquired	2	2

SUMMARY OF SIGNIFICANT ACCOU_10

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (New Accounting Pronouncements) (Detail) - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019	Jan. 01, 2019
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Operating lease right of use assets	$ 407.4	$ 306.1	$ 853.9
Present value of future minimum lease payments	1,017.3	955.2	853.9
Lease with Affiliate [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Operating lease right of use assets	$ 611.7	$ 650.3	604.4
Present value of future minimum lease payments			$ 604.4

INVENTORIES (Detail)

INVENTORIES (Detail) - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018
Inventory [Line Items]
Crude oil and feedstocks	$ 1,254	$ 1,074.1			$ 1,044.8
Refined products and blendstocks	1,333.5	1,328.9			1,361.7
Warehouse stock and other	135.7	120.8			109.4
Inventory, Gross	2,723.2	2,523.8			2,515.9
Lower of cost or market adjustment	(1,103)	(401.6)	$ (327.8)	$ (145.8)	(651.8)
Total inventories	1,620.2	2,122.2			1,864.1
Titled Inventory [Member]
Inventory [Line Items]
Crude oil and feedstocks	1,254	1,071.4			1,044.8
Refined products and blendstocks	1,056.3	976			1,026.9
Warehouse stock and other	135.7	120.8			109.4
Inventory, Gross	2,446	2,168.2			2,181.1
Lower of cost or market adjustment	(965.7)	(324.8)			(557.2)
Total inventories	1,480.3	1,843.4			1,623.9
Inventory Supply and off Take Arrangements [Member]
Inventory [Line Items]
Crude oil and feedstocks	0	2.7			0
Refined products and blendstocks	277.2	352.9			334.8
Warehouse stock and other	0	0			0
Inventory, Gross	277.2	355.6			334.8
Lower of cost or market adjustment	(137.3)	(76.8)			(94.6)
Total inventories	$ 139.9	$ 278.8			$ 240.2

INVENTORIES - Additional Inform

INVENTORIES - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017	Mar. 31, 2020	Mar. 31, 2019
Income from operations	$ 570.9	$ (25.6)	$ (843.5)	$ 309.9	$ (498.5)	$ (231.4)	$ (598.1)
Lower of cost or market adjustment	1,103	327.8	1,103	327.8	401.6	651.8			$ 145.8
Inventory, LIFO Reserve, Effect on Income, Net					4.9	21.9
Scenario, Adjustment [Member]
Income from operations	584.2	$ 182	701.4	$ 324	250.2	351.3
Lower of cost or market adjustment	$ 1,103		$ 1,103		$ 401.6	$ 651.8	$ 300.5	$ 1,687.2

PROPERTY, PLANT AND EQUIPMENT_3

PROPERTY, PLANT AND EQUIPMENT, NET (Detail) - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019	Dec. 31, 2018
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross		$ 4,013.7	$ 3,672.7
Less - Accumulated depreciation		(845.1)	(701.5)
Property, plant and equipment, net	$ 4,147.3	3,168.6	2,971.2
Land [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross		244.6	249
Process units, pipelines and equipment [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross		3,282.2	2,934.5
Building and leasehold improvements [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross		48	47.9
Computers furniture and fixtures [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross		134.9	121.2
Construction in progress [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross		$ 304	$ 320.1

PROPERTY, PLANT AND EQUIPMENT -

PROPERTY, PLANT AND EQUIPMENT - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Depreciation					$ 140.7	$ 133.1	$ 123.3
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property	$ 471.1	$ (0.8)	$ 471.1	$ (0.8)	29.9	43.1	$ (1.5)
Torrance Refinery [Member]
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property					33.1	43.8
Construction in progress [Member]
Capitalized interest					$ 17.6	$ 9.3

DEFERRED CHARGES AND OTHER AS_3

DEFERRED CHARGES AND OTHER ASSETS, NET (Detail) - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019	Dec. 31, 2018
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Deferred turnaround costs, net		$ 722.7	$ 673.1
Catalyst, net		132.7	124.3
Environmental credits		37.8	37.8
Finance lease assets	$ 81.3	24.2	0
Linefill		19.5	19.5
Pension plan assets		10.3	9.7
Intangible assets, net		0.5	0.5
Other		6.5	6.9
Total deferred charges and other assets, net		954.2	871.8
Intangible Assets, Net [Abstract]
Intangible assets - gross		4	4
Accumulated amortization		(3.5)	(3.5)
Intangible assets - net		$ 0.5	$ 0.5

DEFERRED CHARGES AND OTHER AS_4

DEFERRED CHARGES AND OTHER ASSETS, NET - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Catalyst, net	$ 132.7	$ 124.3
Amortization expense	256.8	207.2	$ 144
Indefinitely-Lived Precious Metal [Member]
Catalyst, net	$ 74.5	$ 73.1

ACCRUED EXPENSES (Detail)

ACCRUED EXPENSES (Detail) - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019	Dec. 31, 2018
Accrued Expenses:
Inventory-related accruals	$ 536.4	$ 1,103.2	$ 846.3
Inventory intermediataccion agreements	228.7	278.1	249.4
Excise and sales tax payable	120.9	98.4	149.4
Accrued transportation costs	80.8	88.7	53.6
Accrued salaries and benefits	32	77.4	89.3
Accrued utilities	39.1	40.1	49.8
Accrued capital expenditures	10.6	31	59.9
Renewable energy credit and emissions obligations	203.1	17.7	27.1
Accrued refinery maintenance and support costs	48	16.9	19
Environmental liabilities	13.2	12.3	6.5
Accrued interest	40.8	6.8	6.8
Current finance lease liabilities	12.8	6.5
Customer deposits	8	1.8	5.6
Other	51.9	12.5	16.3
Total accrued expenses	$ 1,426.3	$ 1,791.4	$ 1,579

CREDIT FACILITY AND LONG-TERM_3

CREDIT FACILITY AND LONG-TERM DEBT (Summary of Long-Term Debt) (Detail) - USD ($) $ in Millions		Jun. 30, 2020		Dec. 31, 2019		Dec. 31, 2018
Debt Instrument [Line Items]
Long-term Debt, Fair Value		$ 3,214.2		$ 1,358.3		$ 1,233.7
Long-term Debt		3,368.1		1,287.1		1,290.9
Less - Current debt	[1]			0		(2.4)
Unamortized Debt Issuance Expense		(43.4)		(24.3)		(30.5)
Long-term Debt, Excluding Current Maturities		3,324.7		1,262.8		1,258
2025 Senior Notes [Member]
Debt Instrument [Line Items]
Long-term Debt		725	[2]	725	[2],[3]	725	[3]
Long-term Debt, Fair Value		661.8	[2]	776.5	[2],[3]	688.4	[3]
2023 Senior Notes [Member]
Debt Instrument [Line Items]
Long-term Debt		0	[4]	500	[3],[4],[5]	500	[3],[5]
Long-term Debt, Fair Value		0	[4]	519.7	[3],[4],[5]	479.4	[3],[5]
PBF Rail Term Loan [Member] \| PBF Rail Logistics Company LLC [Member]
Debt Instrument [Line Items]
Long-term Debt	[6]	11		14.5		21.6
Long-term Debt, Fair Value	[6]	11		14.5		21.6
Catalyst Obligation [Member]
Debt Instrument [Line Items]
Long-term Debt	[1]	32.1		47.6		44.3
Long-term Debt, Fair Value	[1]	32.1		47.6		44.3
Revolving Credit Facility [Member] \| Line of Credit [Member]
Debt Instrument [Line Items]
Long-term Line of Credit		$ 600	[6]	$ 0	[6]	$ 0

[1]	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.
[2]	The estimated fair value, categorized as a Level 2 measurement, was calculated based on the present value of future expected payments utilizing implied current market interest rates based on quoted prices of the outstanding senior notes.
[3]	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 Senior Notes.
[4]	As disclosed in "Note 6 - Debt", the 2023 Senior Notes were redeemed in full on February 14, 2020.
[5]	As disclosed in "Note 7 - Credit Facilities and Debt", these notes became unsecured following the Collateral Fall-Away Event on May 30, 2017
[6]	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.

CREDIT FACILITY AND LONG-TERM_4

CREDIT FACILITY AND LONG-TERM DEBT- Additional Information (Detail) - USD ($) $ in Millions

May 13, 2020

Feb. 14, 2020

Jan. 24, 2020

May 02, 2018

May 30, 2017

Dec. 22, 2016

Nov. 24, 2015

Feb. 09, 2012

Oct. 31, 2012

Oct. 01, 2012

Dec. 31, 2019

Dec. 31, 2018

Jun. 30, 2020

May 07, 2020

May 06, 2020

Feb. 18, 2020

Debt Instrument [Line Items]

Uncommitted Receivables Purchase Facility, Maximum Borrowing

$ 300

2025 Senior Notes [Member]

Debt Instrument [Line Items]

Long-term Debt

$ 725

Debt fixed interest rate

7.25%

Proceeds from Debt, Net of Issuance Costs

$ 711.6

Debt Instrument, Redemption Price, Percentage

100.00%

2025 Senior Secured Notes [Member]

Debt Instrument [Line Items]

Long-term Debt

$ 1,000

Debt fixed interest rate

9.25%

Proceeds from Debt, Net of Issuance Costs

$ 984.8

2020 Senior Secured Notes [Member]

Debt Instrument [Line Items]

Long-term Debt

$ 675.5

Debt fixed interest rate

8.25%

2023 Senior Notes [Member]

Debt Instrument [Line Items]

Long-term Debt

$ 500

Debt fixed interest rate

7.00%

Proceeds from Debt, Net of Issuance Costs

$ 490

2023 Senior Notes [Member] | Subsequent Event [Member]

Debt Instrument [Line Items]

Debt Instrument, Redemption Price, Percentage

103.50%

2028 Senior Notes [Member]

Debt Instrument [Line Items]

Long-term Debt

$ 1,000

Debt fixed interest rate

6.00%

Proceeds from Debt, Net of Issuance Costs

$ 987

2028 Senior Notes [Member] | Subsequent Event [Member]

Debt Instrument [Line Items]

Long-term Debt

$ 1,000

Debt fixed interest rate

6.00%

Proceeds from Debt, Net of Issuance Costs

$ 989

2028 Senior Notes [Member]

Debt Instrument [Line Items]

Long-term Debt

[1]

$ 0

$ 1,000

Debt Instrument, Redemption Price, Percentage

106.00%

Debt Instrument, Redemption Price, Percentage of Principal Amount Redeemed

35.00%

2025 Senior Secured Notes [Member]

Debt Instrument [Line Items]

Long-term Debt

[1]

1,000

Debt Instrument, Redemption Price, Percentage

109.25%

Debt Instrument, Redemption Price, Percentage of Principal Amount Redeemed

35.00%

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

Debt Instrument [Line Items]

Debt Instrument, Redemption Price, Percentage

104.625%

Debt Instrument, Redemption Price, Percentage of Principal Amount Redeemed

35.00%

Debt Instrument Redemption Price, Percentage of Principal Amount Remaining

6500.00%

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

Debt Instrument [Line Items]

Long-term Line of Credit

221.4

$ 400.7

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

Debt Instrument [Line Items]

Line of Credit Facility, Maximum Borrowing Capacity

$ 3,400

3,400

Line of Credit Facility, Available Increase in Borrowing Capacity

$ 3,500

Maximum borrowing capacity, as a percentage of aggregate borrowing capacity

10.00%

Alternative maximum borrowing capacity

$ 100

Effective consolidated fixed charge coverage ratio during period

Long-term Line of Credit

[2]

600

[2]

Line of Credit Facility, Accordion Feature, Increase Limit

$ 3,500

Ability to incur certain secured debt, percentage of total assets

20.00%

10.00%

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

Debt Instrument [Line Items]

Basis spread on variable rate

0.25%

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

Debt Instrument [Line Items]

Basis spread on variable rate

1.25%

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

Debt Instrument [Line Items]

Basis spread on variable rate

1.00%

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

Debt Instrument [Line Items]

Line of Credit Facility, Commitment Fee Percentage

0.25%

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

Debt Instrument [Line Items]

Basis spread on variable rate

1.00%

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

Debt Instrument [Line Items]

Basis spread on variable rate

2.00%

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

Debt Instrument [Line Items]

Basis spread on variable rate

1.75%

Catalyst Financing Arrangement [Member]

Debt Instrument [Line Items]

Annual catalyst financing fees

$ 0.7

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

Debt Instrument [Line Items]

Debt fixed interest rate

1.47%

Catalyst Financing Arrangement [Member] | Delaware City Catalyst [Member]

Debt Instrument [Line Items]

Debt fixed interest rate

1.35%

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

Debt Instrument [Line Items]

Debt fixed interest rate

1.75%

Catalyst Financing Arrangement [Member] | Chalmette Catalyst [Member]

Debt Instrument [Line Items]

Debt fixed interest rate

2.10%

Catalyst Financing Arrangement [Member] | Chalmette Catalyst2019 [Member]

Debt Instrument [Line Items]

Debt fixed interest rate

1.80%

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

Debt Instrument [Line Items]

Debt fixed interest rate

1.78%

Senior Secured Notes [Member]

Debt Instrument [Line Items]

Debt Instrument, Redemption Price, Percentage

100.00%

PBF Rail Term Loan [Member] | PBF Rail Logistics Company LLC [Member]

Debt Instrument [Line Items]

Long-term Debt

$ 35

$ 14.5

$ 21.6

Debt instrument term

5 years

[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]

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.

CREDIT FACILITY AND LONG-TERM_5

CREDIT FACILITY AND LONG-TERM DEBT (Debt Maturities) (Detail) - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019	Dec. 31, 2018
Long-term Debt, Fiscal Year Maturity [Abstract]
2020		$ 21.4
2021		19.8
2022		20.9
2023		500
2024		0
Thereafter		725
Long-term Debt	$ 3,368.1	$ 1,287.1	$ 1,290.9

OTHER LONG-TERM LIABILITIES (De

OTHER LONG-TERM LIABILITIES (Detail) - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019	Dec. 31, 2018
Environmental liabilities		$ 119.9	$ 135.1
Defined benefit pension plan liabilities		73.8	75
Long-term finance lease liabilities	$ 70	18.4
Early railcar return liability		17.6	23.3
Post-retirement medical plan liabilities		17.5	19.3
Other		4.1	0.8
Total other long-term liabilities	$ 281.3	232.9	$ 253.5
Previously Reported [Member]
Total other long-term liabilities		$ 251.3

RELATED PARTY TRANSACTIONS (Con

RELATED PARTY TRANSACTIONS (Contribution Agreements) (Detail) - PBF Logistics LP [Member] $ in Millions		Mar. 24, 2019USD ($)	Jul. 16, 2018USD ($)	Feb. 15, 2017USD ($)	Aug. 31, 2016USD ($)	May 05, 2015USD ($)	Dec. 02, 2014USD ($)	Sep. 16, 2014USD ($)	May 08, 2014
Contribution Agreement I [Member]
Related Party Transaction [Line Items]
Contribution agreement, common units									74,053
Contribution agreement,subordinated common units									15,886,553
Contribution Agreement II [Member]
Related Party Transaction [Line Items]
Contribution agreement, common units								589,536
Contribution agreement, cash								$ 135
Contribution agreement, through issuance of common units								$ 15
Contribution Agreement III [Member]
Related Party Transaction [Line Items]
Contribution agreement, common units							620,935
Contribution agreement, cash							$ 135
Contribution agreement, through issuance of common units							$ 15
Contribution Agreement IV [Member]
Related Party Transaction [Line Items]
Contribution agreement, common units						1,288,420
Contribution agreement, cash						$ 112.5
Contribution agreement, through issuance of common units						$ 30.5
Contribution Agreement V [Member]
Related Party Transaction [Line Items]
Assets Contributed					50.00%
Contribution agreement, cash					$ 175
Contribution Agreement VI [Member]
Related Party Transaction [Line Items]
Contribution agreement, cash	[1]			$ 11.6
Contribution Agreement VII-X [Member]
Related Party Transaction [Line Items]
Contribution agreement, common units	[2]		1,494,134
Contribution agreement, through issuance of common units	[2]		$ 31.6
Contribution Agreement XI [Member]
Related Party Transaction [Line Items]
Assets Contributed	[3]	50.00%
Contribution agreement, cash	[3]	$ 200

[1]	PBF Holding has the option to extend the agreements for up to two additional five-year terms, as applicable.
[2]	The Amended and Restated Rail Agreements, as amended and effective as of January 1, 2018, include the Amended and Restated Delaware City Rail Terminaling Services Agreement and the Amended and Restated Delaware West Ladder Rack Terminaling Services Agreement, each between Delaware City Terminaling Company LLC ("DCTC") and PBF Holding, with the service fees thereunder being adjusted, including the addition of an ancillary fee paid by PBF Holding on an actual cost basis. In determining payments due under the Amended and Restated Rail Agreements, excess volumes throughput under the agreements shall apply against required payments in respect to the minimum throughput commitments on a quarterly basis and, to the extent not previously applied, on an annual basis against the MVCs. Effective January 1, 2019, the existing Amended and Restated Rail Agreements were further amended for the inclusion of services through certain rail infrastructure at the East Coast Storage Assets.
[3]	These commercial agreements with PBFX are considered leases.

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Detail) - USD ($)	May 31, 2019	Apr. 24, 2019	Jan. 01, 2012	Mar. 31, 2019	Jun. 30, 2020	Dec. 31, 2019	Dec. 31, 2018
TVP Holding [Member] \| Torrance Valley Pipeline Company LLC [Member]
Related Party Transaction [Line Items]
Percentage of ownership in subsidiaries				50.00%
PBF Logistics LP [Member] \| Torrance Valley Pipeline Company LLC [Member]
Related Party Transaction [Line Items]
Percentage of ownership in subsidiaries	100.00%
Guarantor Affiliated Entity [Member] \| Series B Units [Member]
Related Party Transaction [Line Items]
Distribution To Unitholders						$ 0	$ 0
Torrance Valley Pipeline Company LLC [Member]
Related Party Transaction [Line Items]
Business Combination, Consideration Transferred		$ 200,000,000
Fifth Amended and Restated Omnibus Agreement [Member] \| PBF Logistics LP [Member]
Related Party Transaction [Line Items]
Related Party Transaction, Annual Fee Increase			$ 8,300,000		$ 8,300,000

RELATED PARTY TRANSACTIONS (Com

RELATED PARTY TRANSACTIONS (Commercial Agreements) (Detail) - PBF Logistics LP [Member] pure in Millions

Jan. 01, 2022barrel_per_dayRenewals

Jan. 01, 2019bbl

Jul. 31, 2018barrel_per_dayRailcars_per_dayRenewals

Apr. 16, 2018bbl

Nov. 01, 2017Renewalsbbl

Aug. 04, 2017dekatherm_per_day

Nov. 01, 2016

Aug. 31, 2016barrel_per_daybarrel_per_monthRenewalsbbl

May 01, 2016barrel_per_daybbl

May 15, 2015barrel_per_dayRenewals

Dec. 12, 2014barrel_per_dayRenewalsbbl

May 08, 2014barrel_per_dayRenewals

Dec. 31, 2019

May 30, 2019barrel_per_day

Amended and Restated Rail Agreement [Member]

Related Party Transaction [Line Items]

Term of Agreement

[1]

7 years 8 months

Oil And Gas Plant, Collaborative Agreement, Minimum Throughput Capacity | barrel_per_day

[1]

125,000

Toledo Truck Unloading & Terminaling Services Agreement [Member]

Related Party Transaction [Line Items]

Term of Agreement

[2]

7 years 8 months

Number of Contract Renewals

[2]

Term of Renewal

[2]

5 years

Oil And Gas Plant, Collaborative Agreement, Minimum Throughput Capacity | barrel_per_day

[2]

5,500

Toledo Storage Facility Storage and Terminaling Services Agreement [Member] | Toledo Storage Facility [Member]

Related Party Transaction [Line Items]

Term of Agreement

[2]

10 years

Number of Contract Renewals

[2]

Term of Renewal

[2]

5 years

Oil And Gas Plant, Collaborative Agreement, Minimum Throughput Capacity | barrel_per_day

[2]

4,400

Toledo Storage Facility Storage and Terminaling Services Agreement [Member] | Toledo Storage Facility [Member]

Related Party Transaction [Line Items]

Term of Agreement

10 years

Number of Contract Renewals

Term of Renewal

5 years

Oil And Gas Plant, Maximum Storage Capacity | bbl

[3]

3,849,271

Delaware Pipeline Services Agreement [Member]

Related Party Transaction [Line Items]

Term of Agreement

10 years 8 months

Number of Contract Renewals

Term of Renewal

5 years

Oil And Gas Plant, Collaborative Agreement, Minimum Throughput Capacity | barrel_per_day

50,000

Delaware Pipeline Services Agreement - Magellan Connection [Member]

Related Party Transaction [Line Items]

Term of Agreement

[4]

2 years 5 months

Delaware City Truck Loading Services Agreement [Member] | Refined Clean Product [Member]

Related Party Transaction [Line Items]

Term of Agreement

10 years 8 months

Number of Contract Renewals

Term of Renewal

5 years

Oil And Gas Plant, Collaborative Agreement, Minimum Throughput Capacity | barrel_per_day

30,000

Delaware City Truck Loading Services Agreement [Member] | LPGs [Member]

Related Party Transaction [Line Items]

Term of Agreement

10 years 8 months

Number of Contract Renewals

Term of Renewal

5 years

Oil And Gas Plant, Collaborative Agreement, Minimum Throughput Capacity | barrel_per_day

5,000

East Coast Terminals Terminaling Services Agreements [Member]

Related Party Transaction [Line Items]

Oil And Gas Plant, Collaborative Agreement, Minimum Throughput Capacity | barrel_per_day

[5],[6]

15,000

East Coast Terminals Tank Lease Agreements [Member]

Related Party Transaction [Line Items]

Oil And Gas Plant, Maximum Storage Capacity | bbl

[3]

350,000

Torrance Valley Pipeline Transportation Services Agreement [Member] | Torrance Valley Pipeline - North [Member]

Related Party Transaction [Line Items]

Term of Agreement

[2]

10 years

Number of Contract Renewals

[2]

Term of Renewal

[2]

5 years

Oil And Gas Plant, Collaborative Agreement, Minimum Throughput Capacity | barrel_per_day

[2],[7]

50,000

Torrance Valley Pipeline Transportation Services Agreement [Member] | Torrance Valley Pipeline - South [Member]

Related Party Transaction [Line Items]

Term of Agreement

[2]

10 years

Number of Contract Renewals

[2]

Term of Renewal

[2]

5 years

Oil And Gas Plant, Collaborative Agreement, Minimum Throughput Capacity | barrel_per_day

75,000

[2],[7]

70,000

Torrance Valley Pipeline Transportation Services Agreement [Member] | Torrance Valley Pipeline - Midway Storage Tanks [Member]

Related Party Transaction [Line Items]

Term of Agreement

[2]

10 years

Number of Contract Renewals

[2]

Term of Renewal

[2]

5 years

Oil And Gas Plant, Maximum Storage Capacity | bbl

[2],[3]

55,000

Torrance Valley Pipeline Transportation Services Agreement [Member] | Torrance Valley Pipeline - Emidio Storage Tanks [Member]

Related Party Transaction [Line Items]

Term of Agreement

[2]

10 years

Number of Contract Renewals

[2]

Term of Renewal

[2]

5 years

Oil And Gas Plant, Collaborative Agreement, Minimum Throughput Capacity | barrel_per_month

[2]

900,000

Torrance Valley Pipeline Transportation Services Agreement [Member] | Torrance Valley Pipeline - Belridge Storage Tanks [Member]

Related Party Transaction [Line Items]

Term of Agreement

[2]

10 years

Number of Contract Renewals

[2]

Term of Renewal

[2]

5 years

Oil And Gas Plant, Collaborative Agreement, Minimum Throughput Capacity | barrel_per_month

[2]

770,000

Paulsboro Natural Gas Pipeline Services Agreement [Member]

Related Party Transaction [Line Items]

Term of Agreement

[2],[8]

15 years

Oil And Gas Plant, Maximum Storage Capacity | dekatherm_per_day

[2],[8]

60,000

Knoxville Terminals Agreement [Member] | Terminaling Service [Member]

Related Party Transaction [Line Items]

Term of Agreement

[2]

5 years

Knoxville Terminals Agreement [Member] | Terminaling Service [Member] | Agreement Period One [Member]

Related Party Transaction [Line Items]

Oil and Gas Plant, Collaborative Agreement, Minimum Revenue Commitment

0.9

Knoxville Terminals Agreement [Member] | Terminaling Service [Member] | Agreement Period Two [Member]

Related Party Transaction [Line Items]

Oil and Gas Plant, Collaborative Agreement, Minimum Revenue Commitment

1.8

Knoxville Terminals Agreement [Member] | Terminaling Service [Member] | Agreement Period Three [Member]

Related Party Transaction [Line Items]

Oil and Gas Plant, Collaborative Agreement, Minimum Revenue Commitment

2.7

Knoxville Terminals Agreement [Member] | Tank Lease [Member]

Related Party Transaction [Line Items]

Term of Agreement

[2]

5 years

Oil And Gas Plant, Maximum Storage Capacity | bbl

[2],[3]

115,334

Toledo Rail Loading Agreement [Member]

Related Party Transaction [Line Items]

Oil and Gas Plant, Collaborative Agreement, Maximum Throughput Capacity | Railcars_per_day

Toledo Rail Loading Agreement [Member] | Product [Member]

Related Party Transaction [Line Items]

Term of Agreement

7 years 5 months

Number of Contract Renewals

Term of Renewal

5 years

Oil and Gas Plant, Collaborative Agreement, Maximum Throughput Capacity | Railcars_per_day

Toledo Rail Loading Agreement [Member] | Premium Product [Member]

Related Party Transaction [Line Items]

Oil and Gas Plant, Collaborative Agreement, Maximum Throughput Capacity | Railcars_per_day

11.5

Chalmette Terminal Throughput Agreement [Member]

Related Party Transaction [Line Items]

Term of Agreement

1 year

Chalmette Rail Unloading Agreement [Member]

Related Party Transaction [Line Items]

Term of Agreement

7 years 5 months

Number of Contract Renewals

Term of Renewal

5 years

Oil And Gas Plant, Collaborative Agreement, Minimum Throughput Capacity | barrel_per_day

7,600

DSL Ethanol Throughput Agreement [Member]

Related Party Transaction [Line Items]

Term of Agreement

[2]

7 years 5 months

Number of Contract Renewals

[2]

Term of Renewal

[2]

5 years

Oil And Gas Plant, Collaborative Agreement, Minimum Throughput Capacity | barrel_per_day

[2]

5,000

Delaware City Terminaling Services Agreement [Member] | Forecast [Member]

Related Party Transaction [Line Items]

Term of Agreement

[9]

4 years

Number of Contract Renewals

[9]

Term of Renewal

[9]

5 years

Oil And Gas Plant, Collaborative Agreement, Minimum Throughput Capacity | barrel_per_day

[9]

95,000

Chalmette Storage Agreement [Member]

Related Party Transaction [Line Items]

Term of Agreement

[2]

10 years

Number of Contract Renewals

[2]

Term of Renewal

[2]

5 years

Oil And Gas Plant, Maximum Storage Capacity | bbl

[2],[3]

625,000

East Coast Storage Assets Terminal Storage Agreement [Member]

Related Party Transaction [Line Items]

Term of Agreement

8 years

Oil And Gas Plant, Maximum Storage Capacity | bbl

[3]

2,953,725

East Coast Terminals commercial agreements [Member] | Minimum [Member]

Related Party Transaction [Line Items]

Term of Agreement

1 year

East Coast Terminals commercial agreements [Member] | Maximum [Member]

Related Party Transaction [Line Items]

Term of Agreement

5 years

[1]

The Amended and Restated Rail Agreements, as amended and effective as of January 1, 2018, include the Amended and Restated Delaware City Rail Terminaling Services Agreement and the Amended and Restated Delaware West Ladder Rack Terminaling Services Agreement, each between Delaware City Terminaling Company LLC ("DCTC") and PBF Holding, with the service fees thereunder being adjusted, including the addition of an ancillary fee paid by PBF Holding on an actual cost basis. In determining payments due under the Amended and Restated Rail Agreements, excess volumes throughput under the agreements shall apply against required payments in respect to the minimum throughput commitments on a quarterly basis and, to the extent not previously applied, on an annual basis against the MVCs. Effective January 1, 2019, the existing Amended and Restated Rail Agreements were further amended for the inclusion of services through certain rail infrastructure at the East Coast Storage Assets.

[2]

These commercial agreements with PBFX are considered leases.

[3]

Reflects the overall capacity as stipulated by the storage agreement. The storage MVC is subject to the effective operating capacity of each tank, which can be impacted by routine tank maintenance and other factors. PBF Holding's available shell capacity may be subject to change as agreed to by PBF Holding and PBFX.

[4]

In connection with the inclusion of an additional destination at the Magellan connection under the Delaware Pipeline Services Agreement, PBF Holding and Delaware Pipeline Company LLC agreed to a two-year, five-month MVC (the "Magellan MVC") under the Delaware Pipeline Services Agreement. The Magellan MVC expired on March 31, 2019, subsequent to which PBFX has been billing actual throughput on the Magellan connection.

[5]

Subsequent to the PBFX acquisition of the Toledo, Ohio refined products terminal assets (the "Toledo Products Terminal"), the Toledo Products Terminal was added to the East Coast Terminals Terminaling Services Agreements.

[6]

The East Coast Terminals Terminaling Service Agreements have no MVCs and are billed based on actual volumes throughput, other than a terminaling services agreement between PBFX's East Coast Terminals' Paulsboro, New Jersey location and PBF Holding's Paulsboro refinery with a 15,000 bpd MVC.

[7]

In connection with the TVPC Acquisition on May 31, 2019, the Torrance Valley Pipeline Transportation Services Agreement- South Pipeline was amended and restated to increase the MVC from 70,000 bpd to 75,000 bpd.

[8]

In August 2017, the Paulsboro Natural Gas Pipeline commenced service. Concurrent with the commencement of operations, a new services agreement was entered into between Paulsboro Natural Gas Pipeline Company LLC and PRC regarding the Paulsboro Natural Gas Pipeline.

[9]

The Delaware City Terminaling Services Agreement between DCTC and PBF Holding will commence in 2022 subsequent to the expiration of the Amended and Restated Rail Agreements and includes additional services to be provided by PBFX as operator of other rail facilities owned by PBF Holding's subsidiaries.

RELATED PARTY TRANSACTIONS (Omn

RELATED PARTY TRANSACTIONS (Omnibus Agreement) (Detail) - PBF Logistics LP [Member] - USD ($) $ in Millions	Jan. 01, 2012	Jun. 30, 2020	Dec. 31, 2019
Fifth Amended and Restated Omnibus Agreement [Member]
Related Party Transaction [Line Items]
Term of Agreement			10 years
Related Party Transaction, Annual Fee Increase	$ 8.3	$ 8.3
Related Party Transaction, Selling, General and Administrative Expenses from Transactions with Related Party			$ 7.7
Omnibus Agreement [Member]
Related Party Transaction [Line Items]
Related Party Transaction, Selling, General and Administrative Expenses from Transactions with Related Party			$ 8.6

RELATED PARTY TRANSACTIONS (Sum

RELATED PARTY TRANSACTIONS (Summary of Transactions with PBFX) (Detail) - PBF Logistics LP [Member] - USD ($) $ in Millions	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Cost of Sales [Member]
Related Party Loans Payable [Line Items]
Related Party Transaction, Amounts of Transaction	$ 72.4	$ 74.7	$ 147.9	$ 146	$ 300.9	$ 259.4	$ 240.7
Services Agreement [Member] \| General and Administrative Expense [Member]
Related Party Loans Payable [Line Items]
Related Party Transaction, Amounts of Transaction	2.1	2.2	4.3	4.3	8.6	7.5	6.6
Omnibus Agreement [Member] \| General and Administrative Expense [Member]
Related Party Loans Payable [Line Items]
Related Party Transaction, Amounts of Transaction	$ 1.9	$ 1.7	$ 3.9	$ 3.5	$ 7.7	$ 7.5	$ 6.9

COMMITMENTS AND CONTINGENCIES -

COMMITMENTS AND CONTINGENCIES - Future minimum rental payments for operating leases (Detail) $ in Millions	Dec. 31, 2019USD ($)
Commitments and Contingencies Disclosure [Abstract]
2020	$ 144.2
2021	137.2
2022	109.2
2023	106.7
2024	105.7
Thereafter	242.8
Total obligations	$ 845.8

COMMITMENTS AND CONTINGENCIES_2

COMMITMENTS AND CONTINGENCIES - Additional Information (Detail) $ in Millions		Feb. 01, 2020USD ($)	Mar. 03, 2014PPM	Dec. 31, 2010PPM	Jun. 30, 2020USD ($)	Dec. 31, 2019USD ($)PPM	Dec. 31, 2018USD ($)
Environmental liability					$ 156.7	$ 132.2	$ 141.6
Maximum amount of sulfur allowed in heating oil (in ppm) \| PPM			10			80
Percent of tax benefit received from increases in tax basis paid to stockholders						0.85
Percentage of ownership in PBF LLC						100.00%
PBF Energy [Member] \| Class A Common Stock [Member]
Percentage of ownership in PBF LLC					99.20%	99.00%	99.00%
Executive Officer [Member] \| Minimum [Member]
Potential lump sum payment as a multiple of base salary						0.0150
Potential payment upon death or disability as a multiple of base salary						0.0050
Executive Officer [Member] \| Maximum [Member]
Potential lump sum payment as a multiple of base salary						0.0299
Martinez Acquisition [Member]
Term of Agreement					4 years
Contingent consideration	[1]	$ 77.3
Business Combination, Contingent Consideration, Liability					$ 13.4
Contingent Consideration, Discount Rate					13.60%
Contingent Consideration, Undiscounted Liability					$ 19.9
Other Noncurrent Liabilities [Member]
Environmental liability					143.5	$ 119.9	$ 135.1
New York [Member] \| Environmental Issue [Member]
Maximum amount of sulfur allowed in heating oil (in ppm) \| PPM				15,000,000
North Eastern States [Member] \| Environmental Issue [Member]
Maximum amount of sulfur allowed in heating oil (in ppm) \| PPM				15,000,000
Environmental Issue [Member] \| Torrance Refinery [Member]
Environmental liability					$ 118	121.3	$ 130.8
Expected future payments						$ 57.4

[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 Condensed Consolidated Balance Sheets.

LEASES - Additional Information

LEASES - Additional Information (Detail) $ in Millions	Jun. 30, 2020USD ($)	Apr. 17, 2020USD ($)hydrogenPlants	Jun. 30, 2020USD ($)	Jun. 30, 2019USD ($)	Jun. 30, 2020USD ($)	Jun. 30, 2019USD ($)	Dec. 31, 2019USD ($)	Dec. 31, 2018USD ($)	Dec. 31, 2017USD ($)	Jan. 01, 2019USD ($)
Operating lease cost			$ 74.2	$ 62.9	$ 134.7	$ 116.2	$ 239.6
Operating lease right of use assets	$ 407.4		407.4		407.4		306.1			$ 853.9
Operating Lease Liability, Current	230.7		230.7		230.7		151.2
Long-term lease obligations	$ 786.6		786.6		786.6		804
Sale Leaseback Transaction, Gross Proceeds, Investing Activities		$ 530
Number of Hydrogen Plants Sold \| hydrogenPlants		5
Gain (Loss) on Disposition of Property Plant Equipment		$ 471.1			471.1	(0.8)	$ 29.9	$ 43.1	$ (1.5)
Transition Service Agreement [Member] \| Air Products And Chemical Inc [Member]
Supply Commitment, Period		18 months
Hydrogen Supply Second Quarter 2020 [Member]
Lessee, Lease Not Yet Commenced, Term Of Contract	15 years						15 years
Lessee, Leases Not Yet Commenced, Liability							$ 212.6
Lease with Affiliate [Member]
Operating lease cost			32.2	$ 36.7	64.5	$ 64	130
Operating lease right of use assets	$ 611.7		611.7		611.7		650.3			$ 604.4
Operating Lease Liability, Current	82.2		82.2		82.2		79.2
Long-term lease obligations	529.4		529.4		529.4		$ 571.1
Hydrogen Supply [Member]
Lessee, Leases Not Yet Commenced, Liability	$ 212.6		$ 212.6		$ 212.6
Minimum [Member]
Lessee, Operating Lease, Term of Contract	1 year		1 year		1 year		1 year
Minimum [Member] \| Lease with Affiliate [Member]
Lessee, Operating Lease, Term of Contract	7 years		7 years		7 years		7 years
Maximum [Member]
Lessee, Operating Lease, Term of Contract	20 years		20 years		20 years		20 years
Maximum [Member] \| Lease with Affiliate [Member]
Lessee, Operating Lease, Term of Contract	15 years		15 years		15 years		15 years

LEASES - Lease Cost (Detail)

LEASES - Lease Cost (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended		12 Months Ended
LEASES - Lease Cost (Detail) - USD ($) $ in Millions	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Finance lease cost
Amortization of lease right of use assets	$ 3.6	$ 0.4	$ 6.5	$ 0.4	$ 2
Interest on lease liabilities	1.1	0.2	2	0.2	0.8
Operating lease cost	74.2	62.9	134.7	116.2	239.6
Short-term lease cost	26.6	25.1	48.6	48.4	89.2
Variable lease cost	8.2	4.1	18.8	14.2	31.6
Total lease costs	$ 113.7	$ 92.7	$ 210.6	$ 179.4	$ 363.2

LEASES - Supplemental Cash Flow

LEASES - Supplemental Cash Flow and Other Information (Detail) - USD ($) $ in Millions	6 Months Ended		12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Operating cash flows for operating leases	$ 135.2	$ 108.4	$ 241.1
Operating cash flows for finance leases	2	0.2	0.8
Financing cash flows for finance leases	5.7	0.2	1.4
Supplemental non-cashamounts of lease liabilities arising from obtaining right of use assets	$ 224.3	1,014.1	$ 1,168
Weighted average remaining lease term - operating leases	7 years 9 months 18 days		8 years 9 months 18 days
Weighted average remaining lease term - finance leases	7 years 7 months 6 days		6 years 1 month 6 days
Weighted average discount rate - operating leases	7.50%		7.95%
Weighted average discount rate - finance leases	5.30%		5.98%
Adjustments for New Accounting Pronouncement [Member]
Supplemental non-cashamounts of lease liabilities arising from obtaining right of use assets	$ 224.3	$ 160.1	$ 340.2

LEASES - Maturity of Lease Liab

LEASES - Maturity of Lease Liabilities (Detail) - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019	Jan. 01, 2019
Finance Leases
2020	$ 16.8	$ 7.8
2021	13.9	7.8
2022	11.1	2
2023	11.1	2
2024	11.1	2
Thereafter	37	8.8
Total minimum lease payments	101	30.4
Less: effect of discounting	18.2	5.5
Present value of future minimum lease payments	82.8	24.9
Less: current obligations under leases	12.8	6.5
Long-term lease obligations	70	18.4
Operating Leases
2020	299	222.4
2021	210.7	188.3
2022	173.3	168.9
2023	159.4	159.2
2024	142.5	159.6
Thereafter	396.6	449.9
Total minimum lease payments	1,381.5	1,348.3
Less: effect of discounting	364.2	393.1
Present value of future minimum lease payments	1,017.3	955.2	$ 853.9
Less: current obligations under leases	230.7	151.2
Long-term lease obligations	$ 786.6	$ 804

EQUITY STRUCTURE (Additional In

EQUITY STRUCTURE (Additional Information) (Detail)	6 Months Ended	12 Months Ended
EQUITY STRUCTURE (Additional Information) (Detail)	Jun. 30, 2020Subsidiary	Dec. 31, 2019USD ($)Vote / sharesSubsidiaryshares	Dec. 31, 2018USD ($)
Class of Stock [Line Items]
Percentage of ownership in PBF LLC		100.00%
Shares outstanding		0
Number of subsidiaries acquired \| Subsidiary	2	2
PBF Energy [Member] \| Class B Common Stock [Member]
Class of Stock [Line Items]
Number of votes per share \| Vote / shares		1
Collins Pipeline Company [Member] \| Chalmette Refining L.L.C [Member]
Class of Stock [Line Items]
Noncontrolling Interest, ownership Percentage by Parent		80.00%
T&M Terminal Company [Member] \| Chalmette Refining L.L.C [Member]
Class of Stock [Line Items]
Noncontrolling Interest, ownership Percentage by Parent		80.00%
PBF Finance Corporation [Member]
Class of Stock [Line Items]
Shares outstanding		100
PBF LLC [Member] \| Series B Units [Member]
Class of Stock [Line Items]
Equity unit, stated value per share \| $		$ 0
Number of units authorized		1,000,000
Noncontrolling Interest [Member]
Class of Stock [Line Items]
Net Income (Loss) Attributable to Noncontrolling Interest \| $		$ 200,000	$ 200,000

STOCK-BASED COMPENSATION (Share

STOCK-BASED COMPENSATION (Share-Based Compensation Expense) (Detail) - General and Administrative Expense [Member] - PBF Energy [Member] - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Allocated share-based compensation expense	$ 30.5	$ 20.2	$ 21.5
Employee Stock Option [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Allocated share-based compensation expense	15.8	11.5	9.4
Restricted Stock [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Allocated share-based compensation expense	6.5	7.5	$ 12.1
Performance Shares [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Allocated share-based compensation expense	$ 8.2	$ 1.2

STOCK-BASED COMPENSATION (Addit

STOCK-BASED COMPENSATION (Additional Information) (Detail) - USD ($)	Jan. 01, 2018	Dec. 31, 2019	Dec. 31, 2018
Employee Stock Option [Member] \| PBF Energy [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expiration period		10 years
Vesting period		4 years
Total estimated fair value, granted in period		$ 17,900,000	$ 23,900,000
Weighted average fair value per unit (in dollars per share)		$ 9.43	$ 9.55
Total intrinsic value of stock options outstanding		$ 27,000,000	$ 36,500,000
Total intrinsic value of stock options exercisable		20,000,000	19,400,000
Total intrinsic value of stock options exercised during period		300,000	$ 12,400,000
Unrecognized compensation expense		$ 34,500,000
Restricted Stock [Member] \| PBF Energy [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period		4 years
Unrecognized compensation expense		$ 5,300,000
Performance Share Units and Performance Unit Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Award Requisite Service Period	3 years
Performance Share Units and Performance Unit Awards [Member] \| Minimum [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%
Performance Share Units and Performance Unit Awards [Member] \| Maximum [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%
Performance Share Units and Performance Unit Awards [Member] \| PBF Energy [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Award Requisite Service Period		3 years
Performance Share Units and Performance Unit Awards [Member] \| PBF Energy [Member] \| Minimum [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%
Performance Share Units and Performance Unit Awards [Member] \| PBF Energy [Member] \| Maximum [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%
Performance Share Units [Member] \| PBF Energy [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation expense		$ 8,500,000
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition		2 years
Performance Units [Member] \| PBF Energy [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation expense		$ 8,200,000
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition		2 years
Share-based compensation, Performance Unit, Payout, At Target		$ 1
Performance Units [Member] \| PBF Energy [Member] \| Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation, Performance Unit, Payout, At Target		$ 2

STOCK-BASED COMPENSATION (Weigh

STOCK-BASED COMPENSATION (Weighted Average Assumptions) (Detail) - PBF Energy [Member] - $ / shares	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected life (in years)	6 years 3 months	6 years 3 months	6 years 3 months
Expected volatility	38.60%	35.80%	39.50%
Dividend yield	3.54%	3.49%	4.58%
Risk-free rate of return	2.16%	2.82%	2.09%
Exercise price	$ 34.11	$ 35.25	$ 26.52
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%
Exercise price	$ 27.99	$ 50.23
Performance Share Units [Member] \| Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected life (in years)	2 years 2 months 1 day
Expected volatility	37.19%
Dividend yield	3.40%
Risk-free rate of return	1.66%
Performance Share Units [Member] \| Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected life (in years)	2 years 10 months 18 days
Expected volatility	41.70%
Dividend yield	3.67%
Risk-free rate of return	2.51%

STOCK-BASED COMPENSATION (Sha_2

STOCK-BASED COMPENSATION (Share-Based Compensation Activity) (Detail) - PBF Energy [Member] - $ / shares	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Employee Stock Option [Member]
Options & Restricted Stock
Beginning balance, option nonvested	8,356,658	6,882,775	5,970,625
Granted	1,899,909	2,500,742	1,638,075
Exercised	(49,656)	(884,878)	(462,500)
Forfeited	(132,995)	(141,981)	(263,425)
Ending balance , option Nonvested	10,073,916	8,356,658	6,882,775	5,970,625
Options exercisable and vested (in shares)	5,345,051	3,531,066	2,958,875
Options expected to vest (in shares)	10,073,916
Weighted Average Exercise Price
Beginning balance Nonvested	$ 29.60	$ 27.27	$ 27.37
Granted	34.11	35.25	26.52
Exercised	24.23	27.57	25.65
Forfeited	31.65	33.49	27.71
Ending balance, Nonvested	30.47	29.60	27.27	$ 27.37
Weighted average exercise price, Exercisable and vested	28.37	$ 27.39	$ 27.58
Weighted average exercise price, expected to vest	$ 30.47
Weighted Average Remaining Contractual Life
Weighted average remaining contractual term, granted (in years)	10 years	10 years	10 years
Weighted average remaining contractual term, outstanding (in years)	7 years 2 months 1 day	7 years 5 months 23 days	7 years 9 months 25 days	8 years 7 days
Weighted average remaining contractual term, exercisable and vested (in years)	5 years 11 months 8 days	6 years 3 months 7 days	6 years 9 months 7 days
Weighted average remaining contractual term, expected to vest (in years)	7 years 2 months 1 day
Restricted Stock [Member]
Options & Restricted Stock
Beginning balance, option nonvested	793,954	1,095,716	521,369
Granted	58,324	58,830	762,425
Exercised	(356,204)	(345,073)	(172,978)
Forfeited	(3,849)	(15,519)	(15,100)
Ending balance , option Nonvested	492,225	793,954	1,095,716	521,369
Weighted Average Exercise Price
Beginning balance Nonvested	$ 26.88	$ 25.56	$ 24.89
Granted	28.20	47.24	25.86
Exercised	26.68	26.13	24.99
Forfeited	24.18	24.18	24.18
Ending balance, Nonvested	$ 27.21	$ 26.88	$ 25.56	$ 24.89

STOCK-BASED COMPENSATION (Summa

STOCK-BASED COMPENSATION (Summary of Unit Activity) (Detail) - PBF Energy [Member] - $ / shares	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Performance Share Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Beginning balance, share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number (in shares)	179,072	0
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period	181,725	179,072
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeited in Period (in shares)	0	0
Ending balance, share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number (in shares)	360,797	179,072
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value	$ 50.23
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value	27.99	$ 50.23
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeitures, Weighted Average Grant Date Fair Value	0	0
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value	$ 39.03	$ 50.23
Performance Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Beginning balance, share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number (in shares)	7,279,188	0
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period	7,751,658	7,279,188
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeited in Period (in shares)	0	0
Ending balance, share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number (in shares)	15,030,846	7,279,188

EMPLOYEE BENEFIT PLANS (Additio

EMPLOYEE BENEFIT PLANS (Additional Information) (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Defined Benefit Plan Disclosure [Line Items]
Maximum age to receive health care coverage	65 years
Accumulated benefit obligation	$ 228	$ 184.5
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	$ 27.5	$ 26.3	$ 23.3
Estimated future contributions in 2019	$ 34.8
Pension Benefits [Member] \| Equity Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Plan asset allocations		54.00%
Pension Benefits [Member] \| Fixed-Income [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%

EMPLOYEE BENEFIT PLANS (Changes

EMPLOYEE BENEFIT PLANS (Changes in Benefit Obligations, Fair Value of Plan Assets, and Funded Status of Plan) (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2019	Dec. 31, 2018
Pension Benefits [Member]
Change in benefit obligation:
Benefit obligation at beginning of year			$ 271.2	$ 218.4	$ 218.4	$ 185.2
Service cost	$ 15.1	$ 10.9	28.9	21.8	43.6	47.4	$ 40.6
Interest cost	1.7	2.1	3.5	4.2	8.3	5.8	4.3
Benefit payments					(9)	(7.2)
Actuarial loss (gain)					9.9	(12.8)
Projected benefit obligation at end of year					271.2	218.4	185.2
Change in plan assets:
Fair value of plan assets at beginning of year			197.4	143.4	143.4	121.7
Actual return on plan assets					29	(6.2)
Benefits paid					(9)	(7.2)
Employer contributions					34	35.1
Fair value of plan assets at end of year					197.4	143.4	121.7
Reconciliation of funded status:
Fair value of plan assets at end of year			197.4	143.4	197.4	143.4	121.7	$ 197.4	$ 143.4
Less benefit obligations at end of year			271.2	218.4	271.2	218.4	185.2	271.2	218.4
Funded status at end of year								(73.8)	(75)
Post Retirement Medical Plan [Member]
Change in benefit obligation:
Benefit obligation at beginning of year			17.5	19.3	19.3	21.6
Service cost	0.2	0.3	0.5	0.5	1	1.1	1.2
Interest cost	$ 0.1	$ 0.1	0.2	0.3	0.7	0.7	0.8
Benefit payments					(1.3)	(0.7)
Actuarial loss (gain)					(2.2)	(3.4)
Projected benefit obligation at end of year					17.5	19.3	21.6
Change in plan assets:
Fair value of plan assets at beginning of year			0	0	0	0
Actual return on plan assets					0	0
Benefits paid					(1.3)	(0.7)
Employer contributions					1.3	0.7
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	0	0
Less benefit obligations at end of year			$ 17.5	$ 19.3	$ 17.5	$ 19.3	$ 21.6	17.5	19.3
Funded status at end of year								$ (17.5)	$ (19.3)

EMPLOYEE BENEFIT PLANS (Expecte

EMPLOYEE BENEFIT PLANS (Expected Benefit Payments) (Detail) $ in Millions	Dec. 31, 2019USD ($)
Pension Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
2020	$ 14.7
2021	17.3
2022	21
2023	19.3
2024	21.8
Years 2025-2029	143.8
Post Retirement Medical Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
2020	1.4
2021	1.5
2022	1.5
2023	1.5
2024	1.4
Years 2025-2029	$ 7.3

EMPLOYEE BENEFIT PLANS (Net Per

EMPLOYEE BENEFIT PLANS (Net Periodic Benefit Cost) (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Pension Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 15.1	$ 10.9	$ 28.9	$ 21.8	$ 43.6	$ 47.4	$ 40.6
Interest cost	1.7	2.1	3.5	4.2	8.3	5.8	4.3
Expected return on plan assets	(3.1)	(2.4)	(6.2)	(4.8)	(9.6)	(8.5)	(5.8)
Settlement loss recognized					0	0	1
Amortization of prior service cost and actuarial loss	0	0	0.1	0.1	0.3	0.2	0.5
Net periodic benefit cost	13.7	10.6	26.3	21.3	42.6	44.9	40.6
Post Retirement Medical Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost	0.2	0.3	0.5	0.5	1	1.1	1.2
Interest cost	0.1	0.1	0.2	0.3	0.7	0.7	0.8
Expected return on plan assets					0	0	0
Settlement loss recognized					0	0	0
Amortization of prior service cost and actuarial loss	0.2	0.2	0.3	0.3	0.5	0.7	0.6
Net periodic benefit cost	$ 0.5	$ 0.6	$ 1	$ 1.1	$ 2.2	$ 2.5	$ 2.6

EMPLOYEE BENEFIT PLANS (Pre-tax

EMPLOYEE BENEFIT PLANS (Pre-tax Amounts Recognized in Other Comprehensive Income (Loss)) (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Pension Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Prior service costs	$ 0	$ 0	$ 0.5
Net actuarial (gain) loss	(10.7)	1.9	5
Amortization of losses and prior service cost	(0.3)	(0.8)	(1.4)
Total changes in other comprehensive (income) loss	(11)	1.1	4.1
Post Retirement Medical Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Prior service costs	0	0	0
Net actuarial (gain) loss	(2.3)	(3.4)	(2.5)
Amortization of losses and prior service cost	(0.5)	(0.7)	(0.6)
Total changes in other comprehensive (income) loss	$ (2.8)	$ (4.1)	$ (3.1)

EMPLOYEE BENEFIT PLANS (Pre-t_2

EMPLOYEE BENEFIT PLANS (Pre-tax Amounts in AOCI Not Yet Recognized as Components of Net Periodic Costs) (Detail) - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Pension Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Prior service costs	$ (0.7)	$ (0.8)
Net actuarial (loss) gain	(14.5)	(24.1)
Total	(15.2)	(24.9)
Post Retirement Medical Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Prior service costs	(4)	(4.7)
Net actuarial (loss) gain	6.1	4
Total	$ 2.1	$ (0.7)

EMPLOYEE BENEFIT PLANS (Pre-t_3

EMPLOYEE BENEFIT PLANS (Pre-tax Amounts in AOCI to be Recognized Over Next Fiscal Year) (Detail) $ in Millions	Dec. 31, 2019USD ($)
Pension Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Amortization of prior service costs	$ 0
Amortization of net actuarial (loss) gain	(0.2)
Total	(0.2)
Post Retirement Medical Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Amortization of prior service costs	(0.7)
Amortization of net actuarial (loss) gain	0.3
Total	$ (0.4)

EMPLOYEE BENEFIT PLANS (Assumpt

EMPLOYEE BENEFIT PLANS (Assumptions Used) (Detail)	12 Months Ended
EMPLOYEE BENEFIT PLANS (Assumptions Used) (Detail)	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Pension Benefits [Member]
Weighted Average Assumptions Used to Determine Benefit Obligations
Discount rate - benefit obligations	3.21%	4.22%
Rate of compensation increase	4.28%	4.55%
Weighted Average Assumptions Used to Determine Net Periodic Benefit Costs
Expected long-term rate of return on plan assets	6.00%	6.25%	6.50%
Rate of compensation increase	4.55%	4.53%	4.81%
Pension Benefits [Member] \| Service Cost [Member]
Weighted Average Assumptions Used to Determine Net Periodic Benefit Costs
Discount rate	4.24%	3.62%	4.15%
Pension Benefits [Member] \| Effective rate for interest cost [Member]
Weighted Average Assumptions Used to Determine Net Periodic Benefit Costs
Discount rate	3.92%	3.21%	3.38%
Pension Benefits [Member] \| Effective rate for interest on service cost [Member]
Weighted Average Assumptions Used to Determine Net Periodic Benefit Costs
Discount rate	4.00%	3.32%	3.59%
Supplemental Employee Retirement Plan [Member]
Weighted Average Assumptions Used to Determine Benefit Obligations
Discount rate - benefit obligations	3.09%	4.17%
Rate of compensation increase	4.50%	5.00%
Weighted Average Assumptions Used to Determine Net Periodic Benefit Costs
Rate of compensation increase	5.00%	5.00%	5.50%
Supplemental Employee Retirement Plan [Member] \| Service Cost [Member]
Weighted Average Assumptions Used to Determine Net Periodic Benefit Costs
Discount rate	4.19%	3.58%	4.17%
Supplemental Employee Retirement Plan [Member] \| Effective rate for interest cost [Member]
Weighted Average Assumptions Used to Determine Net Periodic Benefit Costs
Discount rate	3.83%	3.15%	3.20%
Supplemental Employee Retirement Plan [Member] \| Effective rate for interest on service cost [Member]
Weighted Average Assumptions Used to Determine Net Periodic Benefit Costs
Discount rate	3.90%	3.24%	3.63%
Post Retirement Medical Plan [Member]
Weighted Average Assumptions Used to Determine Benefit Obligations
Discount rate - benefit obligations	2.88%	3.99%
Rate of compensation increase	0.00%	0.00%
Post Retirement Medical Plan [Member] \| Service Cost [Member]
Weighted Average Assumptions Used to Determine Net Periodic Benefit Costs
Discount rate	4.21%	3.59%	4.10%
Post Retirement Medical Plan [Member] \| Effective rate for interest cost [Member]
Weighted Average Assumptions Used to Determine Net Periodic Benefit Costs
Discount rate	3.69%	2.97%	3.11%
Post Retirement Medical Plan [Member] \| Effective rate for interest on service cost [Member]
Weighted Average Assumptions Used to Determine Net Periodic Benefit Costs
Discount rate	4.09%	3.46%	3.84%

EMPLOYEE BENEFIT PLANS (Assumed

EMPLOYEE BENEFIT PLANS (Assumed Health Care Cost Trend Rates) (Detail) - Post Retirement Medical Plan [Member]	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Defined Benefit Plan Disclosure [Line Items]
Health care cost trend rate assumed for next year	5.70%	5.80%
Rate to which the cost trend rate was assumed to decline (the ultimate trend rate)	4.50%	4.50%
Year that the rate reaches the ultimate trend rate	2038	2038

EMPLOYEE BENEFIT PLANS (Effect

EMPLOYEE BENEFIT PLANS (Effect of One-percentage-point Change in Assumed Health Care Cost Trend Rates) (Detail) - Post Retirement Medical Plan [Member] $ in Millions	12 Months Ended
	Dec. 31, 2019USD ($)
Defined Benefit Plan Disclosure [Line Items]
Effect on total of service and interest cost components, 1% increase	$ 0
Effect on total of service and interest cost components, 1% decrease	0
Effect on accumulated postretirement benefit obligation, 1% increase	0.2
Effect on accumulated postretirement benefit obligation, 1% decrease	$ (0.2)

EMPLOYEE BENEFIT PLANS (Fair Va

EMPLOYEE BENEFIT PLANS (Fair Value of Assets of the Company's Qualified Plan) (Detail) - Pension Benefits [Member] - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets at end of year	$ 197.4	$ 143.4	$ 121.7
Level 1 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets at end of year	197.4	143.4
Level 1 [Member] \| Domestic Equities [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets at end of year	47.8	34.8
Level 1 [Member] \| Developed International Equities [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets at end of year	29.5	19.2
Level 1 [Member] \| Global Low Volatility Equities [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets at end of year	16.9	11.4
Level 1 [Member] \| Emerging Market Equities [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets at end of year	14.9	10.3
Level 1 [Member] \| Fixed-Income [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets at end of year	74.9	59.7
Level 1 [Member] \| Real Estate [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets at end of year	8.3	7.9
Level 1 [Member] \| Cash and Cash Equivalents [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets at end of year	$ 5.1	$ 0.1

REVENUES (Details) (Detail)

REVENUES (Details) (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended		12 Months Ended
REVENUES (Details) (Detail) - USD ($) $ in Millions	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Revenues	$ 2,499.1	$ 6,551.9	$ 7,759.1	$ 11,760.6	$ 24,468.9	$ 27,164	$ 21,772.4
Deferred revenue	18.1		18.1		17	17.1
Gasoline and distillates
Revenues	2,035.9	5,570.7	6,606.3	10,003.7	21,278.4	23,032.6	18,316.1
Feedstocks and other
Revenues	215.3	203.9	526.6	404.6	806.9	1,374.2	1,218.4
Asphalt and blackoils
Revenues	164.1	531.8	371.1	884.8	1,426.4	1,592.9	1,162.3
Chemicals
Revenues	45.5	177.6	158.3	329.3	682.3	842.8	770.5
Lubricants
Revenues	$ 38.3	$ 67.9	$ 96.8	$ 138.2	$ 274.9	$ 321.5	$ 305.1

INCOME TAXES (Narrative) (Detai

INCOME TAXES (Narrative) (Detail) - Subsidiary	6 Months Ended	12 Months Ended
INCOME TAXES (Narrative) (Detail) - Subsidiary	Jun. 30, 2020	Dec. 31, 2019
Income Tax Disclosure [Abstract]
Number of subsidiaries acquired	2	2

INCOME TAXES (Components of Inc

INCOME TAXES (Components of Income Tax (Benefit) Expense) (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Income Tax Disclosure [Abstract]
Current income tax benefit	$ 0	$ (0.1)	$ 0	$ (0.1)	$ 0.5	$ 0.8	$ 1.7
Deferred income tax (benefit) expense	(4.4)	1.9	9.8	(5.3)	(8.8)	7.2	(12.5)
Total income tax (benefit) expense	$ (4.4)	$ 1.8	$ 9.8	$ (5.4)	$ (8.3)	$ 8	$ (10.8)

INCOME TAXES (Components of Def

INCOME TAXES (Components of Deferred Tax Assets and Liabilities) (Detail) - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Deferred tax assets
Net operating loss carry forwards	$ 1.8	$ 0
Other	0.4	1.1
Total deferred tax assets	2.2	1.1
Valuation allowances	0	0
Total deferred tax assets, net	2.2	1.1
Deferred tax liabilities
Property, plant and equipment	17.3	15.8
Inventory	16.3	25.7
Total deferred tax liabilities	33.6	41.5
Net deferred tax liability	$ (31.4)	$ (40.4)

FAIR VALUE MEASUREMENTS (Measur

FAIR VALUE MEASUREMENTS (Measured on Recurring Basis) (Detail) - Fair Value, Recurring [Member] - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019	Dec. 31, 2018
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	$ 14.4	$ 33.8	$ 2.9
Derivative, Collateral, Right to Reclaim Cash	(8.4)	(33.8)	(2.9)
Derivative Liability	6	0	0
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	0.5	32.8	2.7
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	13.6	1	0.2
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	0.3	0	0
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
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
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
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
Catalyst Obligation [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liability, Fair Value, Amount Not Offset Against Collateral	32.1	47.6	44.3
Derivative, Collateral, Right to Reclaim Cash	0	0	0
Catalyst 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	0	0
Catalyst 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	32.1	47.6	44.3
Catalyst 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	0	0
Contingent Consideration Obligation [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liability, Fair Value, Amount Not Offset Against Collateral	13.4
Derivative, Collateral, Right to Reclaim Cash	0
Contingent Consideration 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
Contingent Consideration 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	0
Contingent Consideration 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	13.4
Money market funds [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and cash equivalents	401.2	97.9	2.8
Money market funds [Member] \| Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and cash equivalents	401.2	97.9	2.8
Money market funds [Member] \| Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and cash equivalents	0	0	0
Money market funds [Member] \| Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and cash equivalents	0	0	0
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	8.4	34	10.1
Derivative, Collateral, Obligation to Return Cash	(8.4)	(33.8)	(2.9)
Derivative Asset	0	0.2	7.2
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	0.1	32.5	1.2
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	7	1.5	8.9
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	1.3	$ 0	0
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	24.4		24.1
Derivative, Collateral, Obligation to Return Cash	0		0
Derivative Asset	24.4		24.1
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		0
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	24.4		24.1
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		$ 0

FAIR VALUE MEASUREMENTS - Addit

FAIR VALUE MEASUREMENTS - Additional Information (Detail) - Pension Benefits [Member] - USD ($) $ in Millions	Dec. 31, 2019	Jun. 30, 2019	Dec. 31, 2018	Dec. 31, 2017
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Defined Benefit Plan, Plan Assets, Amount	$ 197.4		$ 143.4	$ 121.7
Other Assets [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Defined Benefit Plan, Plan Assets, Amount	$ 10.3	$ 11.1	$ 9.7

FAIR VALUE MEASUREMENTS (Fair V

FAIR VALUE MEASUREMENTS (Fair Value and Carrying Value of Debt) (Detail) - USD ($) $ in Millions		Jun. 30, 2020		Dec. 31, 2019		Dec. 31, 2018
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term Debt, Gross		$ 3,368.1		$ 1,287.1		$ 1,290.9
Less - Current debt	[1]			0		(2.4)
Unamortized Debt Issuance Expense		(43.4)		(24.3)		(30.5)
Long-term debt		3,324.7		1,262.8		1,258
Long-term Debt, Fair Value		3,214.2		1,358.3		1,233.7
Less - Current maturities, Fair value	[1]			0		(2.4)
Long-term debt, excluding current maturities, Fair value		3,214.2		1,358.3		1,231.3
2025 Senior Notes [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term Debt		725	[2]	725	[2],[3]	725	[3]
Long-term Debt, Fair Value		661.8	[2]	776.5	[2],[3]	688.4	[3]
2023 Senior Notes [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term Debt		0	[4]	500	[3],[4],[5]	500	[3],[5]
Long-term Debt, Fair Value		0	[4]	519.7	[3],[4],[5]	479.4	[3],[5]
Catalyst Obligation [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term Debt	[1]	32.1		47.6		44.3
Long-term Debt, Fair Value	[1]	32.1		47.6		44.3
2025 Senior Secured Notes [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term Debt	[2]	1,000		0
Long-term Debt, Fair Value	[2]	1,074.3		0
2028 Senior Notes [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term Debt	[2]	1,000		0
Long-term Debt, Fair Value	[2]	835		0
Line of Credit [Member] \| Revolving Credit Facility [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term Line of Credit		600	[6]	0	[6]	0
Lines of Credit, Fair Value Disclosure	[6]	600		0
PBF Rail Logistics Company LLC [Member] \| PBF Rail Term Loan [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term Debt	[6]	11		14.5		21.6
Long-term Debt, Fair Value	[6]	$ 11		$ 14.5		$ 21.6

[1]	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.
[2]	The estimated fair value, categorized as a Level 2 measurement, was calculated based on the present value of future expected payments utilizing implied current market interest rates based on quoted prices of the outstanding senior notes.
[3]	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 Senior Notes.
[4]	As disclosed in "Note 6 - Debt", the 2023 Senior Notes were redeemed in full on February 14, 2020.
[5]	As disclosed in "Note 7 - Credit Facilities and Debt", these notes became unsecured following the Collateral Fall-Away Event on May 30, 2017
[6]	The estimated fair value approximates carrying value, categorized as a Level 2 measurement, as these borrowings bear interest based upon short-term floating market interest rates.

DERIVATIVES - Additional Inform

DERIVATIVES - Additional Information (Detail)	Jun. 30, 2020	Dec. 31, 2019	Dec. 31, 2018
Crude Oil Commodity Contracts [Member] \| Not Designated as Hedging Instrument [Member]
Derivative [Line Items]
Derivative, notional amount, volume	9,800,000	5,511,000	5,801,000
Refined Product Commodity Contract [Member] \| Not Designated as Hedging Instrument [Member]
Derivative [Line Items]
Derivative, notional amount, volume	771,000	5,788,000	1,609,000
Fair Value Hedging [Member] \| Crude Oil and Feedstock Inventory [Member]
Derivative [Line Items]
Derivative, notional amount, volume	0	27,580
Fair Value Hedging [Member] \| Crude Oil and Feedstock Inventory [Member] \| Designated as Hedging Instrument [Member]
Derivative [Line Items]
Derivative, notional amount, volume		27,580	0
Fair Value Hedging [Member] \| Intermediates and Refined Products Inventory [Member]
Derivative [Line Items]
Derivative, notional amount, volume	2,949,375	3,430,635
Fair Value Hedging [Member] \| Intermediates and Refined Products Inventory [Member] \| Designated as Hedging Instrument [Member]
Derivative [Line Items]
Derivative, notional amount, volume		3,430,635	3,350,166

DERIVATIVES (Fair Value of Deri

DERIVATIVES (Fair Value of Derivative Instruments) (Detail) - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019	Dec. 31, 2018
Designated as Hedging Instrument [Member] \| Inventory Intermediation Agreement Obligation [Member] \| Accrued Expenses [Member]
Derivatives, Fair Value [Line Items]
Fair Value Asset/(Liability)	$ 24.4	$ (1.3)	$ 24.1
Not Designated as Hedging Instrument [Member] \| Commodity contract [Member] \| Accrued Expenses [Member]
Derivatives, Fair Value [Line Items]
Fair Value Asset/(Liability)	$ (6)
Not Designated as Hedging Instrument [Member] \| Commodity contract [Member] \| Accounts Receivable [Member]
Derivatives, Fair Value [Line Items]
Fair Value Asset/(Liability)		$ 0.2	$ 7.2

DERIVATIVES (Gain (Loss) Recogn

DERIVATIVES (Gain (Loss) Recognized in Income) (Detail) - Cost of Sales [Member] - USD ($) $ in Millions	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Designated as Hedging Instrument [Member] \| Inventory Intermediation Agreement Obligation [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gain or (Loss) Recognized in Income on Derivatives	$ (42.2)	$ (20.8)	$ 25.7	$ (35)	$ (25.4)	$ 31.8	$ (13.8)
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	42.2	20.8	(25.7)	35	25.4	(31.8)	13.8
Not Designated as Hedging Instrument [Member] \| Commodity contract [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gain or (Loss) Recognized in Income on Derivatives	$ (13.2)	$ 1	$ 65	$ 32.7	$ 36.5	$ (123.8)	$ (85.4)

SUBSEQUENT EVENTS - Additional

SUBSEQUENT EVENTS - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Millions	Feb. 14, 2020	Feb. 13, 2020	Feb. 01, 2020	Jan. 24, 2020	Nov. 24, 2015	Jun. 30, 2020	Jun. 30, 2019	Feb. 18, 2020
2028 Senior Notes [Member]
Long-term Debt				$ 1,000
Debt fixed interest rate				6.00%
Proceeds from Debt, Net of Issuance Costs				$ 987
2023 Senior Notes [Member]
Long-term Debt					$ 500
Debt fixed interest rate				7.00%	7.00%
Proceeds from Debt, Net of Issuance Costs					$ 490
Repayments of Long-term Debt						$ 517.5	$ 0
Subsequent Event [Member] \| Class A Common Stock [Member] \| PBF Energy [Member]
Dividends declared per share		$ 0.30
Subsequent Event [Member] \| Line of Credit [Member] \| Uncommitted Receivables Purchase Facility [Member]
Maximum borrowing capacity								$ 300
Subsequent Event [Member] \| Martinez Refinery [Member]
Business Combination, Consideration Transferred			$ 960
Business Combination, Consideration Transferred, Working Capital Adjustments			$ 230
Business Combination, Contingent Consideration, Earnout Payment, If Circumstances Met, Period			4 years
Subsequent Event [Member] \| 2028 Senior Notes [Member]
Long-term Debt				$ 1,000
Debt fixed interest rate				6.00%
Proceeds from Debt, Net of Issuance Costs				$ 989
Subsequent Event [Member] \| 2023 Senior Notes [Member]
Debt Instrument, Redemption Price, Percentage	103.50%
Repayments of Long-term Debt	$ 517.5

CONSOLIDATING FINANCIAL STATE_3

CONSOLIDATING FINANCIAL STATEMENTS OF PBF HOLDINGS - Additional Information (Detail)	12 Months Ended
	Dec. 31, 2019
Pbf Services Company [Member]
Condensed Financial Statements, Captions [Line Items]
Percentage of ownership in subsidiaries	100.00%
Delaware City Refining Company Llc [Member]
Condensed Financial Statements, Captions [Line Items]
Percentage of ownership in subsidiaries	100.00%
Pbf Power Marketing Llc [Member]
Condensed Financial Statements, Captions [Line Items]
Percentage of ownership in subsidiaries	100.00%
Paulsboro Refining Company Llc [Member]
Condensed Financial Statements, Captions [Line Items]
Percentage of ownership in subsidiaries	100.00%
Toledo Refining Company Llc [Member]
Condensed Financial Statements, Captions [Line Items]
Percentage of ownership in subsidiaries	100.00%
Chalmette Refining L.L.C [Member]
Condensed Financial Statements, Captions [Line Items]
Percentage of ownership in subsidiaries	100.00%
PBF Energy Western Region LLC [Member]
Condensed Financial Statements, Captions [Line Items]
Percentage of ownership in subsidiaries	100.00%
Torrance Refining Company LLC [Member]
Condensed Financial Statements, Captions [Line Items]
Percentage of ownership in subsidiaries	100.00%
Torrance Logistics Company LLC [Member]
Condensed Financial Statements, Captions [Line Items]
Percentage of ownership in subsidiaries	100.00%
PBF International Inc. [Member]
Condensed Financial Statements, Captions [Line Items]
Percentage of ownership in subsidiaries	100.00%
PBF Investments LLC [Member]
Condensed Financial Statements, Captions [Line Items]
Percentage of ownership in subsidiaries	100.00%
Torrance Valley Pipeline Company [Member]
Condensed Financial Statements, Captions [Line Items]
Percentage of ownership in subsidiaries	50.00%

CONSOLIDATING FINANCIAL STATE_4

CONSOLIDATING FINANCIAL STATEMENTS OF PBF HOLDINGS (Balance Sheet) (Detail) - USD ($) $ in Millions		Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019	Jun. 30, 2019	Mar. 31, 2019	Jan. 01, 2019	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Current assets:
Cash and cash equivalents		$ 1,203.1		$ 763.1				$ 561.7	$ 526.2	$ 626.7
Accounts receivable		422.9		826.6				710.7
Accounts receivable - affiliate		7.3		6.5				12
Inventories		1,620.2		2,122.2				1,864.1
Prepaid and other current assets		108		48				52.5
Total current assets		3,361.5		3,766.4				3,201
Property, plant and equipment, net		4,147.3		3,168.6				2,971.2
Investment in equity method investee								169.5
Operating lease right of use assets - affiliate		407.4		306.1			$ 853.9
Deferred charges and other assets, net		1,003.4		930				871.8
Total assets		9,612.6		8,845.6				7,213.5
Current liabilities:
Accounts payable		419.5		591.2				483.8
Accounts payable - affiliate		55.1		48.1				49.5
Accrued expenses		1,426.3		1,791.4				1,579
Current debt	[1]			0				2.4
Deferred revenue		18.1		17				17.1
Total current liabilities		2,149.7		2,598.9				2,131.8
Current operating lease liabilities - affiliate		230.7		151.2
Long-term debt		3,324.7		1,262.8				1,258
Deferred tax liabilities		41.3		31.4				40.4
Other long-term liabilities		281.3		232.9				253.5
Total liabilities		6,653.6		4,948.4				3,683.7
Long-term operating lease liabilities - affiliate		786.6		804
Commitments and contingencies
Equity:
PBF Holding Company LLC equity Member's equity				2,739.1				2,652.5
Retained earnings		179.7		1,156.9				890.3
Accumulated other comprehensive income (loss)		(8.6)		(9.7)				(23.9)
Total PBF Holding Company LLC equity		2,948.1		3,886.3				3,518.9
Noncontrolling interest		10.9		10.9				10.9
Total equity		2,959	$ 2,409.1	3,897.2	$ 3,774	$ 3,825		3,529.8	3,184	2,588.9
Total liabilities and equity		9,612.6		8,845.6				7,213.5
Previously Reported [Member]
Current assets:
Deferred charges and other assets, net				954.2
Current liabilities:
Other long-term liabilities				251.3
Third Party Lease [Member]
Current liabilities:
Current operating lease liabilities - affiliate		148.5		72
Long-term operating lease liabilities - affiliate		257.2		232.9
Third Party Lease [Member] \| Previously Reported [Member]
Current assets:
Operating lease right of use assets - affiliate				306.1
Lease with Affiliate [Member]
Current assets:
Operating lease right of use assets - affiliate		611.7		650.3			$ 604.4
Current liabilities:
Current operating lease liabilities - affiliate		82.2		79.2
Long-term operating lease liabilities - affiliate		$ 529.4		571.1
Issuer [Member]
Current assets:
Cash and cash equivalents				734				526	486.6	530.1
Accounts receivable				788.1				690.1
Accounts receivable - affiliate				2.6				1.8
Inventories				1,913.3				1,685.4
Prepaid and other current assets				18.7				20.7
Due from related parties				39,148.7				33,793.1
Total current assets				42,605.4				36,717.1
Property, plant and equipment, net				15.8				17.3
Deferred charges and other assets, net				27				16
Total assets				43,384.8				36,750.4
Current liabilities:
Accounts payable				438.7				278.2
Accounts payable - affiliate				46.3				34.2
Accrued expenses				1,462.1				1,364
Deferred revenue				15.3				15.6
Due to related parties				31,996.2				28,340.7
Total current liabilities				34,098.3				30,032.7
Long-term debt				1,200.8				1,194.7
Other long-term liabilities				55.9				54.9
Investment in subsidiaries				3,536.8				1,938.3
Total liabilities				39,487.6				33,220.6
Commitments and contingencies
Equity:
PBF Holding Company LLC equity Member's equity				2,739.1				2,652.5
Retained earnings				1,156.9				890.3
Accumulated other comprehensive income (loss)				(9.7)				(23.9)
Total PBF Holding Company LLC equity				3,886.3				3,518.9
Noncontrolling interest				10.9				10.9
Total equity				3,897.2				3,529.8
Total liabilities and equity				43,384.8				36,750.4
Issuer [Member] \| Third Party Lease [Member]
Current assets:
Operating lease right of use assets - affiliate				150.1
Current liabilities:
Current operating lease liabilities - affiliate				63.3
Long-term operating lease liabilities - affiliate				85.6
Issuer [Member] \| Lease with Affiliate [Member]
Current assets:
Operating lease right of use assets - affiliate				586.5
Current liabilities:
Current operating lease liabilities - affiliate				76.4
Long-term operating lease liabilities - affiliate				510.2
Guarantors Subsidiaries [Member]
Current assets:
Cash and cash equivalents				6				9.1	13.4	56.7
Accounts receivable				6.6				7.2
Accounts receivable - affiliate				3				9.5
Prepaid and other current assets				27.3				30
Due from related parties				26,857.6				25,057.3
Total current assets				26,900.5				25,113.1
Property, plant and equipment, net				2,916.2				2,722.7
Investment in subsidiaries				227.2				421.4
Deferred charges and other assets, net				927.2				855.8
Total assets				31,190.8				29,113
Current liabilities:
Accounts payable				134				189.7
Accounts payable - affiliate				1.5				14.8
Accrued expenses				114				156.1
Current debt								2.4
Deferred revenue				1.7				1.5
Due to related parties				33,994.6				30,433.4
Total current liabilities				34,257.3				30,797.9
Long-term debt				47.6				42
Other long-term liabilities				192.3				194.5
Total liabilities				34,705.4				31,034.4
Commitments and contingencies
Equity:
PBF Holding Company LLC equity Member's equity				1,595.2				1,737.2
Retained earnings				(5,123.9)				(3,662)
Accumulated other comprehensive income (loss)				3.2				(7.5)
Total PBF Holding Company LLC equity				(3,525.5)				(1,932.3)
Noncontrolling interest				10.9				10.9
Total equity				(3,514.6)				(1,921.4)
Total liabilities and equity				31,190.8				29,113
Guarantors Subsidiaries [Member] \| Third Party Lease [Member]
Current assets:
Operating lease right of use assets - affiliate				155.9
Current liabilities:
Current operating lease liabilities - affiliate				8.7
Long-term operating lease liabilities - affiliate				147.3
Guarantors Subsidiaries [Member] \| Lease with Affiliate [Member]
Current assets:
Operating lease right of use assets - affiliate				63.8
Current liabilities:
Current operating lease liabilities - affiliate				2.8
Long-term operating lease liabilities - affiliate				60.9
Non-Guarantor Subsidiaries [Member]
Current assets:
Cash and cash equivalents				23.1				26.6	$ 26.2	41.4
Accounts receivable				31.9				13.4
Accounts receivable - affiliate				0.9				0.7
Inventories				208.9				178.7
Prepaid and other current assets				2				1.8
Due from related parties				12,295.9				9,534.2
Total current assets				12,562.7				9,755.4
Property, plant and equipment, net				236.6				231.2
Investment in equity method investee								169.5
Total assets				12,799.4				10,156.1
Current liabilities:
Accounts payable				18.5				15.9
Accounts payable - affiliate				0.3				0.5
Accrued expenses				215.3				58.9
Due to related parties				12,311.4				9,610.5
Total current liabilities				12,545.5				9,685.8
Long-term debt				14.4				21.3
Deferred tax liabilities				31.4				40.4
Other long-term liabilities				3.1				4.1
Total liabilities				12,594.4				9,751.6
Commitments and contingencies
Equity:
PBF Holding Company LLC equity Member's equity				141				323.7
Retained earnings				64				80.8
Total PBF Holding Company LLC equity				205				404.5
Total equity				205				404.5
Total liabilities and equity				12,799.4				10,156.1
Non-Guarantor Subsidiaries [Member] \| Third Party Lease [Member]
Current assets:
Operating lease right of use assets - affiliate				0.1
Combining and Consolidated Adjustments [Member]
Current assets:
Cash and cash equivalents										$ (1.5)
Due from related parties				(78,302.2)				(68,384.6)
Total current assets				(78,302.2)				(68,384.6)
Investment in subsidiaries				(227.2)				(421.4)
Total assets				(78,529.4)				(68,806)
Current liabilities:
Due to related parties				(78,302.2)				(68,384.6)
Total current liabilities				(78,302.2)				(68,384.6)
Investment in subsidiaries				(3,536.8)				(1,938.3)
Total liabilities				(81,839)				(70,322.9)
Commitments and contingencies
Equity:
PBF Holding Company LLC equity Member's equity				(1,736.2)				(2,060.9)
Retained earnings				5,059.9				3,581.2
Accumulated other comprehensive income (loss)				(3.2)				7.5
Total PBF Holding Company LLC equity				3,320.5				1,527.8
Noncontrolling interest				(10.9)				(10.9)
Total equity				3,309.6				1,516.9
Total liabilities and equity				$ (78,529.4)				$ (68,806)

[1]	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.

CONSOLIDATING FINANCIAL STATE_5

CONSOLIDATING FINANCIAL STATEMENTS OF PBF HOLDINGS (Statement of Operations) (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Revenues	$ 2,499.1	$ 6,551.9	$ 7,759.1	$ 11,760.6	$ 24,468.9	$ 27,164	$ 21,772.4
Cost and expenses
Cost of products and other	1,820.8	6,025.4	7,854.2	10,301.6	21,667.7	24,744.6	19,095.8
Operating expenses (excluding depreciation and amortization expense as reflected below)					1,684.3	1,654.8	1,626.4
Depreciation and amortization expense	111.1	95.3	216.5	189.6	386.7	329.7	254.3
Cost of sales	2,355.6	6,530.4	9,001.9	11,354.3	23,738.7	26,729.1	20,976.5
General and administrative expenses (excluding depreciation and amortization expense as reflected below)	53.3	46.6	131.5	97.8	258.7	253.8	197.9
Depreciation and amortization expense	2.8	2.9	5.7	5.7	10.8	10.6	13
Equity income in investee	0	(3.2)	0	(7.9)	(7.9)	(17.8)	(14.6)
Gain on sale of asset	(471.1)	0.8	(471.1)	0.8	(29.9)	(43.1)	1.5
Total cost and expenses	1,928.2	6,577.5	8,602.6	11,450.7	23,970.4	26,932.6	21,174.3
Income (loss) from operations	(570.9)	25.6	843.5	(309.9)	498.5	231.4	598.1
Other income (expense)
Change in fair value of catalyst obligations	(5.1)	0.5	6.6	(2.6)	(9.7)	5.6	(2.2)
Debt extinguishment costs	0	0	(22.2)	0			(25.5)
Interest expense, net					(108.7)	(127.1)	(122.6)
Other non-service components of net periodic benefit cost	1.1	0	2.1	(0.1)	(0.2)	1.1	(1.4)
Income (loss) before income taxes	514.1	(54.7)	(946.3)	250.2	379.9	111	446.4
Income tax benefit	(4.4)	1.8	9.8	(5.4)	(8.3)	8	(10.8)
Net income (loss)	518.5	(56.5)	(956.1)	255.6	388.2	103	457.2
Less: net income attributable to noncontrolling interests	0	0.1	0	0.1		0.1	0.1
Net income (loss) attributable to PBF Holding Company LLC	518.5	(56.6)	(956.1)	255.5	388.2	102.9	457.1
Comprehensive income (loss) attributable to PBF Holding Company LLC	$ 518.8	$ (56.1)	$ (955)	$ 256.2	402.4	105.9	456.1
Combining and Consolidated Adjustments [Member]
Revenues					(4,620.4)	(4,264.6)	(3,582.6)
Cost and expenses
Cost of products and other					(4,620.4)	(4,264.6)	(3,582.6)
Cost of sales					(4,620.4)	(4,264.6)	(3,582.6)
Total cost and expenses					(4,620.4)	(4,264.6)	(3,582.6)
Other income (expense)
Equity in earnings (loss) of subsidiaries					1,473.4	1,274.2	1,347.9
Income (loss) before income taxes					1,473.4	1,274.2	1,347.9
Net income (loss)					1,473.4	1,274.2	1,347.9
Less: net income attributable to noncontrolling interests						(0.1)	(0.1)
Net income (loss) attributable to PBF Holding Company LLC					1,473.4	1,274.3	1,348
Comprehensive income (loss) attributable to PBF Holding Company LLC					1,473.4	1,274.3	1,348
Issuer [Member]
Revenues					24,276.8	26,935.1	21,489.7
Cost and expenses
Cost of products and other					22,090.6	25,170.9	19,354.4
Operating expenses (excluding depreciation and amortization expense as reflected below)						0.1
Cost of sales					22,090.6	25,171	19,354.4
General and administrative expenses (excluding depreciation and amortization expense as reflected below)					224.3	222.9	170.1
Depreciation and amortization expense					10.8	10.6	13
Total cost and expenses					22,325.7	25,404.5	19,537.5
Income (loss) from operations					1,951.1	1,530.6	1,952.2
Other income (expense)
Equity in earnings (loss) of subsidiaries					(1,456.6)	(1,302.9)	(1,349.2)
Debt extinguishment costs							(25.5)
Interest expense, net					(105.5)	(124.3)	(120.1)
Other non-service components of net periodic benefit cost					(0.8)	(0.4)	(0.2)
Income (loss) before income taxes					388.2	103	457.2
Net income (loss)					388.2	103	457.2
Less: net income attributable to noncontrolling interests						0.1	0.1
Net income (loss) attributable to PBF Holding Company LLC					388.2	102.9	457.1
Comprehensive income (loss) attributable to PBF Holding Company LLC					391.6	105.9	456.1
Guarantors Subsidiaries [Member]
Revenues					1,763.3	1,532.4	1,488.7
Cost and expenses
Cost of products and other					1,153.7	940.2	962.9
Operating expenses (excluding depreciation and amortization expense as reflected below)					1,652.8	1,623.6	1,594.9
Depreciation and amortization expense					378.9	322	246.7
Cost of sales					3,185.4	2,885.8	2,804.5
General and administrative expenses (excluding depreciation and amortization expense as reflected below)					36.1	26.7	28.3
Gain on sale of asset					(29.9)	(43.1)	1.5
Total cost and expenses					3,191.6	2,869.4	2,834.3
Income (loss) from operations					(1,428.3)	(1,337)	(1,345.6)
Other income (expense)
Equity in earnings (loss) of subsidiaries					(16.8)	28.7	1.3
Change in fair value of catalyst obligations					(9.7)	5.6	(2.2)
Interest expense, net					(2.4)	(1.7)	(1.5)
Other non-service components of net periodic benefit cost					0.6	1.5	(1.2)
Income (loss) before income taxes					(1,456.6)	(1,302.9)	(1,349.2)
Net income (loss)					(1,456.6)	(1,302.9)	(1,349.2)
Less: net income attributable to noncontrolling interests						0.1	0.1
Net income (loss) attributable to PBF Holding Company LLC					(1,456.6)	(1,303)	(1,349.3)
Comprehensive income (loss) attributable to PBF Holding Company LLC					(1,445.8)	(1,303)	(1,349.3)
Non-Guarantor Subsidiaries [Member]
Revenues					3,049.2	2,961.1	2,376.6
Cost and expenses
Cost of products and other					3,043.8	2,898.1	2,361.1
Operating expenses (excluding depreciation and amortization expense as reflected below)					31.5	31.1	31.5
Depreciation and amortization expense					7.8	7.7	7.6
Cost of sales					3,083.1	2,936.9	2,400.2
General and administrative expenses (excluding depreciation and amortization expense as reflected below)					(1.7)	4.2	(0.5)
Equity income in investee					(7.9)	(17.8)	(14.6)
Total cost and expenses					3,073.5	2,923.3	2,385.1
Income (loss) from operations					(24.3)	37.8	(8.5)
Other income (expense)
Interest expense, net					(0.8)	(1.1)	(1)
Income (loss) before income taxes					(25.1)	36.7	(9.5)
Income tax benefit					(8.3)	8	(10.8)
Net income (loss)					(16.8)	28.7	1.3
Net income (loss) attributable to PBF Holding Company LLC					(16.8)	28.7	1.3
Comprehensive income (loss) attributable to PBF Holding Company LLC					$ (16.8)	$ 28.7	$ 1.3

CONSOLIDATING FINANCIAL STATE_6

CONSOLIDATING FINANCIAL STATEMENTS OF PBF HOLDINGS (Statement of Cash Flows) (Detail) - USD ($) $ in Millions	Apr. 17, 2020	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Cash flows from operating activities:
Net income (loss)		$ 518.5	$ (56.5)	$ (956.1)	$ 255.6	$ 388.2	$ 103	$ 457.2
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities:
Depreciation and amortization				229.4	198.4	404.4	346.7	274.7
Stock-based compensation				16.4	15.7	30.5	20.2	21.5
Change in fair value of catalyst obligations				(6.6)	2.6	9.7	(5.6)	2.2
Deferred income taxes		(4.4)	1.9	9.8	(5.3)	(8.8)	7.2	(12.5)
Non-cash change in inventory repurchase obligations				(25.7)	35	25.4	(31.8)	13.8
Non-cash lower of cost or market inventory adjustment		(12.4)	0	(65.4)	0	(250.2)	351.3	(295.5)
Debt extinguishment costs		0	0	22.2	0			25.5
Pension and other post-retirement benefit costs				27.3	22.4	44.8	47.4	42.2
Income from equity method investee		0	$ (3.2)	0	(7.9)	(7.9)	(17.8)	(14.6)
Distributions from equity method investee				0	7.9	7.9	17.8	20.2
Gain on sale of assets	$ (471.1)			(471.1)	0.8	(29.9)	(43.1)	1.5
Changes in operating assets and liabilities:
Accounts receivable				403.7	(274.1)	(115.9)	240.4	(335.2)
Due to/from affiliates				6.3	12.9	12.6	(3.5)	3.2
Inventories				24.8	(124.6)	(8)	(1.5)	(54.7)
Prepaid and other current assets				(54.6)	(34.1)	4.4	(2.9)	(9.2)
Accounts payable				(185.9)	(34.3)	132	(110.7)	34.5
Accrued expenses				(360.4)	200	209.5	(233)	353.1
Deferred revenue				1.1	5.3	(0.2)	9.6	(4.8)
Other assets and liabilities				(24.5)	(28.3)	(58.9)	1.3	(52)
Net cash (used in) provided by operating activities				(707.9)	(76)	789.6	695	471.1
Cash flows from investing activities:
Expenditures for property, plant and equipment				(112.6)	(190.9)	(373.1)	(277.3)	(232.6)
Expenditures for deferred turnaround costs				(159.2)	(261.9)	(299.3)	(266)	(379.1)
Expenditures for other assets				(7.2)	(33.9)	(44.7)	(17)	(31.2)
Proceeds from sale of assets				529.4	0	36.3	48.3
Equity method investment - return of capital				0	0.6	0.6	2.4	1.3
Net cash (used in) provided by investing activities				(925.8)	(486.1)	(680.2)	(509.6)	(641.6)
Cash flows from financing activities:
Contributions from PBF LLC				24.4	202.5	228.5	287	97
Distribution to members				(21.1)	(59.4)	(121.6)	(52.6)	(61.2)
Payment received for affiliate note receivable								11.6
Proceeds from 2025 Senior Notes								725
Proceeds from affiliate notes payable								(690.2)
Proceeds from revolver borrowings				1,150	1,250	1,350		490
Repayments of revolver borrowings				(550)	(1,250)	(1,350)	(350)	(490)
Repayments of note payable							(5.6)	(1.2)
Settlements of catalyst obligations				(8.8)	(1.2)	(6.5)	(9.1)	10.8
Deferred financing costs and other						(1.4)	(12.8)	(13.4)
Net cash provided by (used in) financing activities				2,073.7	157.2	92	(149.9)	70
Net (decrease) increase in cash and cash equivalents						201.4	35.5	(100.5)
Cash and cash equivalents, beginning of period				763.1	561.7	561.7	526.2	626.7
Cash and cash equivalents, end of period		$ 1,203.1		1,203.1		763.1	561.7	526.2
Issuer [Member]
Cash flows from operating activities:
Net income (loss)						388.2	103	457.2
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities:
Depreciation and amortization						17	16.9	20
Stock-based compensation						1.2	0.2
Non-cash change in inventory repurchase obligations						25.4	(31.8)	13.8
Non-cash lower of cost or market inventory adjustment						(250.2)	351.3	(295.5)
Debt extinguishment costs								25.5
Pension and other post-retirement benefit costs						9.2	7.8	6.6
Equity in earnings (loss) of subsidiaries						1,456.6	1,302.9	1,349.2
Changes in operating assets and liabilities:
Accounts receivable						(98)	213.1	(304.1)
Due to/from affiliates						(1,661.7)	(1,608.5)	(1,696.1)
Inventories						22.2	(54.2)	(6.7)
Prepaid and other current assets						2	(0.1)	6.9
Accounts payable						160.5	(135.6)	53.5
Accrued expenses						45.9	(43.2)	288.4
Deferred revenue						(0.3)	9.5	(4.8)
Other assets and liabilities						(13.3)	32.6	(11.8)
Net cash (used in) provided by operating activities						104.7	163.9	(97.9)
Cash flows from investing activities:
Expenditures for property, plant and equipment						(8.3)	(6.2)	(1.9)
Return on investment in subsidiaries						5.6
Due to/from affiliates						(5.7)		(0.9)
Net cash (used in) provided by investing activities						(8.4)	(6.2)	(2.8)
Cash flows from financing activities:
Contributions from PBF LLC						228.5	287	97
Distribution to members						(116.3)	(42.5)	(61.2)
Proceeds from 2025 Senior Notes								725
Proceeds from affiliate notes payable								(690.2)
Proceeds from revolver borrowings						1,350		490
Repayments of revolver borrowings						(1,350)	(350)	(490)
Due to/from affiliates						5.7		0.9
Deferred financing costs and other						(0.5)	(12.8)	(13.4)
Net cash provided by (used in) financing activities						111.7	(118.3)	57.2
Net (decrease) increase in cash and cash equivalents						208	39.4	(43.5)
Cash and cash equivalents, beginning of period				734	526	526	486.6	530.1
Cash and cash equivalents, end of period						734	526	486.6
Guarantors Subsidiaries [Member]
Cash flows from operating activities:
Net income (loss)						(1,456.6)	(1,302.9)	(1,349.2)
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities:
Depreciation and amortization						379.5	322	247
Stock-based compensation						29.3	20	21.5
Change in fair value of catalyst obligations						9.7	(5.6)	2.2
Distribution received from subsidiaries								7.2
Pension and other post-retirement benefit costs						35.6	39.6	35.6
Gain on sale of assets						(29.9)	(43.1)	1.5
Equity in earnings (loss) of subsidiaries						16.8	(28.7)	(1.3)
Changes in operating assets and liabilities:
Accounts receivable						0.6	0.4	0.4
Due to/from affiliates						1,735.4	1,483.8	1,709.8
Prepaid and other current assets						2.6	(2.9)	(14.4)
Accounts payable						(31.1)	31	(28.1)
Accrued expenses						7.4	20.6	(38)
Deferred revenue						0.1	0.1
Other assets and liabilities						(36)	(10.2)	(19.1)
Net cash (used in) provided by operating activities						663.4	524.1	575.1
Cash flows from investing activities:
Expenditures for property, plant and equipment						(351.8)	(268.9)	(230.2)
Expenditures for deferred turnaround costs						(299.3)	(266)	(379.1)
Expenditures for other assets						(44.7)	(17)	(31.2)
Proceeds from sale of assets						36.3	48.3
Due to/from affiliates						(5.7)		(0.9)
Net cash (used in) provided by investing activities						(659.5)	(503.6)	(640.5)
Cash flows from financing activities:
Distribution to members						(5.3)	(10.1)
Payment received for affiliate note receivable								11.6
Repayments of note payable							(5.6)
Settlements of catalyst obligations						(6.5)	(9.1)	10.8
Due to/from affiliates						5.7		0.9
Deferred financing costs and other						(0.9)
Net cash provided by (used in) financing activities						(7)	(24.8)	22.1
Net (decrease) increase in cash and cash equivalents						(3.1)	(4.3)	(43.3)
Cash and cash equivalents, beginning of period				6	9.1	9.1	13.4	56.7
Cash and cash equivalents, end of period						6	9.1	13.4
Non-Guarantor Subsidiaries [Member]
Cash flows from operating activities:
Net income (loss)						(16.8)	28.7	1.3
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities:
Depreciation and amortization						7.9	7.8	7.7
Deferred income taxes						(8.8)	7.2	(12.5)
Income from equity method investee						(7.9)	(17.8)	(14.6)
Distributions from equity method investee						7.9	17.8	20.2
Changes in operating assets and liabilities:
Accounts receivable						(18.5)	26.9	(31.5)
Due to/from affiliates						(61.1)	121.2	(10.5)
Inventories						(30.2)	52.7	(48)
Prepaid and other current assets						(0.2)	0.1	(1.7)
Accounts payable						2.6	(6.1)	7.6
Accrued expenses						156.2	(210.4)	102.7
Other assets and liabilities						(9.6)	(21.1)	(21.1)
Net cash (used in) provided by operating activities						21.5	7	(0.4)
Cash flows from investing activities:
Expenditures for property, plant and equipment						(13)	(2.2)	(0.5)
Equity method investment - return of capital						0.6	2.4	1.3
Net cash (used in) provided by investing activities						(12.4)	0.2	0.8
Cash flows from financing activities:
Net cash provided by (used in) financing activities						(12.6)	(6.8)	(15.6)
Net (decrease) increase in cash and cash equivalents						(3.5)	0.4	(15.2)
Cash and cash equivalents, beginning of period				23.1	26.6	26.6	26.2	41.4
Cash and cash equivalents, end of period						23.1	26.6	26.2
Combining and Consolidated Adjustments [Member]
Cash flows from operating activities:
Net income (loss)						1,473.4	1,274.2	1,347.9
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities:
Distribution received from subsidiaries								(7.2)
Equity in earnings (loss) of subsidiaries						(1,473.4)	(1,274.2)	(1,347.9)
Changes in operating assets and liabilities:
Accounts payable								1.5
Net cash (used in) provided by operating activities								(5.7)
Cash flows from investing activities:
Return on investment in subsidiaries						(5.6)
Due to/from affiliates						5.7		0.9
Net cash (used in) provided by investing activities						0.1		0.9
Cash flows from financing activities:
Due to/from affiliates						(5.7)		(0.9)
Net cash provided by (used in) financing activities						(0.1)		6.3
Net (decrease) increase in cash and cash equivalents								1.5
Cash and cash equivalents, beginning of period								(1.5)
Rail Term Loan [Member]
Cash flows from financing activities:
Repayments of PBF Rail Term Loan				$ (3.6)	$ (3.5)	(7)	(6.8)	(6.6)
Rail Term Loan [Member] \| Non-Guarantor Subsidiaries [Member]
Cash flows from financing activities:
Repayments of PBF Rail Term Loan						(7)	$ (6.8)	(6.6)
Rail Facility [Member]
Cash flows from financing activities:
Repayments of note payable								(1.2)
Rail Facility [Member] \| Guarantors Subsidiaries [Member]
Cash flows from financing activities:
Repayments of note payable								(1.2)
Collins Pipeline Company And T&M Terminal Company [Member]
Cash flows from financing activities:
Distribution to members								(1.8)
Collins Pipeline Company And T&M Terminal Company [Member] \| Non-Guarantor Subsidiaries [Member]
Cash flows from financing activities:
Distribution to members						(5.6)		(9)
Collins Pipeline Company And T&M Terminal Company [Member] \| Combining and Consolidated Adjustments [Member]
Cash flows from financing activities:
Distribution to members						$ 5.6		$ 7.2

ACQUISITIONS - Additional Infor

ACQUISITIONS - Additional Information (Detail) - USD ($) $ in Millions		Feb. 01, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Business Acquisition [Line Items]
Business Combination, Acquisition Related Costs			$ 0	$ 10.7	$ 0
Martinez Acquisition [Member]
Business Acquisition [Line Items]
Business Combination, Consideration Transferred		$ 1,253.4
Working capital, including post close adjustments		216.1
Term of Agreement				4 years
Contingent consideration	[1]	$ 77.3

[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 Condensed Consolidated Balance Sheets.

ACQUISITIONS (Purchase Price) (

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

[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 Condensed Consolidated Balance Sheets.

ACQUISITIONS (Assets and Liabil

ACQUISITIONS (Assets and Liabilities Acquired) (Detail) - Martinez Acquisition [Member] $ in Millions	Feb. 01, 2020USD ($)
Business Acquisition [Line Items]
Inventories	$ 224.1
Prepaid and other current assets	5.4
Property, plant and equipment	987.9
Operating lease right of use assets	7.8	[1]
Financing lease right of use assets	63.5	[1]
Deferred charges and other assets, net	63.7
Accrued expenses	(1.4)
Current operating lease liabilities	(1.9)
Current financing lease liabilities	(6)	[2]
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

[1]	Operating and Financing lease right of use assets are recorded in Lease right of use assets - third party within the Condensed Consolidated Balance Sheet.
[2]	Current financing lease liabilities are recorded in Accrued expenses within the Condensed Consolidated Balance Sheet.

ACQUISITIONS (Pro Forma Informa

ACQUISITIONS (Pro Forma Information) (Detail) - Martinez Acquisition [Member] - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Business Acquisition [Line Items]
Pro-forma revenues	$ 8,122.9	$ 13,845.8
Pro-forma net income (loss) attributable to PBF Holding	$ (987.4)	$ 218.4

CURRENT EXPECTED CREDIT LOSSES

CURRENT EXPECTED CREDIT LOSSES - Additional Information (Detail) - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019	Dec. 31, 2018
Credit Loss [Abstract]
Accounts Receivable, Allowance for Credit Loss	$ 0	$ 0	$ 0

ACCRUED EXPENSES - Additional I

ACCRUED EXPENSES - Additional Information (Detail) $ in Millions	3 Months Ended
	Jun. 30, 2020USD ($)
Payables and Accruals [Abstract]
Severance Costs	$ 12.9

LEASES - Lease Assets and Liabi

LEASES - Lease Assets and Liabilities (Detail) - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019	Jan. 01, 2019	Dec. 31, 2018
Operating lease right of use assets	$ 407.4	$ 306.1	$ 853.9
Finance lease assets	81.3	24.2		$ 0
Operating Lease Liability, Current	230.7	151.2
Lease, Right of Use Asset	1,100.4	980.6
Long-term lease obligations	786.6	804
Current finance lease liabilities	12.8	6.5
Long-term finance lease liabilities	70	18.4
Lease Liability	1,100.1	980.1
Lease with Affiliate [Member]
Operating lease right of use assets	611.7	650.3	$ 604.4
Operating Lease Liability, Current	82.2	79.2
Long-term lease obligations	529.4	571.1
Third Party Lease [Member]
Operating Lease Liability, Current	148.5	72
Long-term lease obligations	257.2	232.9
Long-term finance lease liabilities	$ 70	$ 18.4

FAIR VALUE MEASUREMENTS (Change

FAIR VALUE MEASUREMENTS (Change in Fair Value at Level 3) (Detail) - Contingent Consideration - USD ($) $ in Millions	3 Months Ended	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2020
Change in Fair Value Measurement Categorized in Level 3 [Roll Forward]
Balance at beginning of period	$ 24.3	$ 0
Additions	0	77.3
Accretion on discounted liabilities	1.5	1.5
Settlements	0.4	0.4
Unrealized gain included in earnings	(13.8)	(66.8)
Balance at end of period	$ 12.4	$ 12.4