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SEGMENT INFORMATION (Details)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
USD ($)
refinery
Sep. 30, 2023
USD ($)
Sep. 30, 2024
USD ($)
segment
refinery
reportable_segment
Sep. 30, 2023
USD ($)
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 $ 8,382.3 $ 10,733.5 $ 25,764.0 $ 29,186.1  
Depreciation and amortization expense 161.8 143.9 464.5 432.2  
Income (loss) from operations (386.3) 1,077.1 (315.8) 2,998.7  
Interest (income) expense, net 21.4 22.7 49.2 55.2  
Capital expenditures (1) 152.8 190.2 770.9 940.3  
Total assets 13,130.7   13,130.7   $ 14,387.8
Loss (gain) on formation of SBR equity method investment 0.0 3.2 8.7 (965.7)  
Equity method investment in SBR 872.4   872.4   881.0
Renewable Diesel Facility          
Segment Reporting Information [Line Items]          
Capital expenditures (1)   35.0 5.6 300.3  
Intersegment Eliminations          
Segment Reporting Information [Line Items]          
Revenues (85.1) (86.6) (261.0) (260.4)  
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 (1) 0.0 0.0 0.0 0.0  
Total assets (37.9)   (37.9)   (43.7)
Refining Group          
Segment Reporting Information [Line Items]          
Revenues 8,372.8 10,725.3 25,735.8 29,159.2  
Refining Group | Operating Segments          
Segment Reporting Information [Line Items]          
Revenues 8,372.8 10,725.3 25,735.8 29,159.2  
Depreciation and amortization expense 149.6 131.2 427.6 397.1  
Income (loss) from operations (341.2) 1,175.7 (217.5) 2,157.0  
Interest (income) expense, net (3.2) 10.1 (10.0) (0.9)  
Capital expenditures (1) [1] 150.9 183.7 764.3 925.0  
Total assets 11,354.8   11,354.8   12,590.6
PBF Logistics LP | Operating Segments          
Segment Reporting Information [Line Items]          
Revenues 94.6 94.8 289.2 287.3  
Depreciation and amortization expense 8.9 8.9 27.1 27.1  
Income (loss) from operations 51.3 49.6 147.4 151.2  
Interest (income) expense, net (0.5) (0.9) (1.5) 2.9  
Capital expenditures (1) 0.9 3.4 2.6 8.5  
Total assets 785.7   785.7   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 3.8 9.8 8.0  
Income (loss) from operations (96.4) (148.2) [2] (245.7) [2] 690.5 [2]  
Interest (income) expense, net 25.1 13.5 60.7 53.2  
Capital expenditures (1) 1.0 $ 3.1 4.0 $ 6.8  
Total assets [3] $ 1,028.1   $ 1,028.1   $ 1,024.1
[1] For the nine months ended September 30, 2024, the Company’s refining segment included $5.6 million of capital expenditures related to the Renewable Diesel Facility. For the three and nine months ended September 30, 2023, the Company’s refining segment included $35.0 million and $300.3 million, respectively, of capital expenditures related to the Renewable Diesel Facility.
[2] Income (loss) from operations within Corporate for the nine months ended September 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 the three and nine months ended September 30, 2023 includes a loss of $3.2 million and a gain of $965.7 million, respectively, associated with the formation of the SBR equity method investment.
[3] As of September 30, 2024 and December 31, 2023, Corporate assets include the Company’s Equity method investment in SBR of $872.4 million and $881.0 million, respectively