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INVENTORIES (Details) - USD ($) $ in Millions | 12 Months Ended
--- | ---
Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019
Inventory [Line Items] |  |  |  |
Crude oil and feedstocks | $ 1,104.9 | $ 1,018.9 |  |
Refined products and blendstocks | 1,258.4 | 1,200.2 |  |
Warehouse stock and other | 141.8 | 136.7 |  |
Other Inventory, Gross | 2,505.1 | 2,355.8 |  |
Lower of cost or market adjustment | 0.0 | (669.6) | $ (401.6) |
Total inventories | 2,505.1 | 1,686.2 |  |
Income (loss) from operations | 597.2 | (1,416.8) | $ 649.0 | [1],[2]
Inventory, LIFO Reserve, Effect on Income, Net | 0.0 | 83.0 |  |
Titled Inventory [Member] |  |  |  |
Inventory [Line Items] |  |  |  |
Crude oil and feedstocks | 953.5 | 1,018.9 |  |
Refined products and blendstocks | 964.6 | 933.7 |  |
Warehouse stock and other | 141.8 | 136.7 |  |
Other Inventory, Gross | 2,059.9 | 2,089.3 |  |
Lower of cost or market adjustment | 0.0 | (572.4) |  |
Total inventories | 2,059.9 | 1,516.9 |  |
Inventory Supply and Offtake Arrangements [Member] |  |  |  |
Inventory [Line Items] |  |  |  |
Crude oil and feedstocks | 151.4 | 0.0 |  |
Refined products and blendstocks | 293.8 | 266.5 |  |
Warehouse stock and other | 0.0 | 0.0 |  |
Other Inventory, Gross | 445.2 | 266.5 |  |
Lower of cost or market adjustment | 0.0 | (97.2) |  |
Total inventories | 445.2 | 169.3 |  |
Adjustment [Member] |  |  |  |
Inventory [Line Items] |  |  |  |
Income (loss) from operations | $ 669.6 | $ (268.0) |  |
[1] | On April 24, 2019, PBFX entered into a contribution agreement with PBF LLC (“the TVPC Contribution Agreement”), pursuant to which PBF LLC contributed to PBFX all of the issued and outstanding limited liability company interests of TVP Holding Company LLC (“TVP Holding”) for total consideration of $200.0 million (the “TVPC Acquisition”). Prior to the TVPC Acquisition, TVP Holding owned a 50% membership interest in Torrance Valley Pipeline Company LLC (“TVPC”). Subsequent to the closing of the TVPC Acquisition on May 31, 2019, PBFX owns 100% of the membership interests in TVPC.
[2] | Prior to the TVPC Contribution Agreement, the Logistics segment included 100% of the income from operations of TVPC, as TVPC was consolidated by PBFX. PBFX recorded net income attributable to noncontrolling interest for the 50% equity interest in TVPC held by PBF Holding. PBF Holding (included in the Refining segment) recorded equity income in investee related to its 50% noncontrolling ownership interest in TVPC. For purposes of the Company’s Consolidated Financial Statements, PBF Holding’s equity income in investee and PBFX’s net income attributable to noncontrolling interest eliminate in consolidation.

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