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SEGMENT INFORMATION (Details)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
USD ($)
refinery
Jun. 30, 2023
USD ($)
Jun. 30, 2024
USD ($)
segment
refinery
reportable_segment
Jun. 30, 2023
USD ($)
Dec. 31, 2023
USD ($)
Segment Reporting Information [Line Items]          
Number of reportable segments | reportable_segment     2    
Number of operating refineries | refinery 6   6    
Number of operating segments | segment     2    
Revenues $ 8,736.1 $ 9,157.6 $ 17,381.7 $ 18,452.6  
Depreciation and amortization expense 158.1 144.5 302.7 288.3  
Income (loss) from operations (74.6) 1,389.2 70.5 1,921.6  
Interest (income) expense, net 17.3 13.8 27.8 32.5  
Capital expenditures 333.4 367.0 618.1 750.1  
Total assets 14,076.1   14,076.1   $ 14,387.8
(Gain) loss on formation of SBR equity method investment 0.0 968.9 (8.7) 968.9  
Equity method investment in SBR 867.3   867.3   881.0
Renewable Diesel Facility          
Segment Reporting Information [Line Items]          
Capital expenditures   107.4 5.6 265.3  
Intersegment Eliminations          
Segment Reporting Information [Line Items]          
Revenues (89.0) (84.8) (175.9) (173.8)  
Depreciation and amortization expense 0.0 0.0 0.0 0.0  
Income (loss) from operations 0.0 0.0 0.0 0.0  
Interest (income) expense, net 0.0 0.0 0.0 0.0  
Capital expenditures 0.0 0.0 0.0 0.0  
Total assets (38.8)   (38.8)   (43.7)
Refining Group          
Segment Reporting Information [Line Items]          
Revenues 8,726.6 9,148.4 17,363.0 18,433.9  
Refining Group | Operating Segments          
Segment Reporting Information [Line Items]          
Revenues 8,726.6 9,148.4 17,363.0 18,433.9  
Depreciation and amortization expense 145.7 133.0 278.0 265.9  
Income (loss) from operations (46.9) 455.6 123.7 981.3  
Interest (income) expense, net (2.7) (6.9) (6.8) (11.0)  
Capital expenditures 330.3 362.1 613.4 [1] 741.3 [1]  
Total assets 12,295.2   12,295.2   12,590.6
PBF Logistics LP | Operating Segments          
Segment Reporting Information [Line Items]          
Revenues 98.5 94.0 194.6 192.5  
Depreciation and amortization expense 9.1 9.2 18.2 18.2  
Income (loss) from operations 51.0 51.9 96.1 101.6  
Interest (income) expense, net (0.4) 0.1 (1.0) 3.8  
Capital expenditures 0.6 2.4 1.7 5.1  
Total assets 789.3   789.3   816.8
Corporate | Operating Segments          
Segment Reporting Information [Line Items]          
Revenues 0.0 0.0 0.0 0.0  
Depreciation and amortization expense 3.3 2.3 6.5 4.2  
Income (loss) from operations (78.7) 881.7 [2] (149.3) [2] 838.7 [2]  
Interest (income) expense, net 20.4 20.6 35.6 39.7  
Capital expenditures 2.5 $ 2.5 3.0 $ 3.7  
Total assets [3] $ 1,030.4   $ 1,030.4   $ 1,024.1
[1] For the six months ended June 30, 2024, the Company’s refining segment includes $5.6 million of capital expenditures related to the Renewable Diesel Facility. For the three and six months ended June 30, 2023, the Company’s refining segment included $107.4 million and $265.3 million, respectively, of capital expenditures related to the Renewable Diesel Facility.
[2] Income (loss) from operations within Corporate for the six months ended June 30, 2024 includes an $8.7 million reduction of the gain associated with the formation of the SBR equity method investment. Income from operations within Corporate for both the three and six months ended June 30, 2023 includes the $968.9 million gain on formation of the SBR equity method investment.
[3] As of June 30, 2024 and December 31, 2023, Corporate assets include the Company’s Equity method investment in SBR of $867.3 million and $881.0 million, respectively