INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2020

Income Tax Disclosure [Abstract]

Components of Income Tax (Benefit) Expense

The reported income tax (benefit) expense in the PBF Holding Consolidated Statements of Operations consists of the following:

(in millions)	December 31, 2020		December 31, 2019		December 31, 2018
Current income tax (benefit) expense	$	(1.2)	$	0.5	$	0.8
Deferred income tax expense (benefit)	7.3		(8.8)		7.2
Total income tax expense (benefit)	$	6.1	$	(8.3)	$	8.0

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, 2020		December 31, 2019
Deferred tax assets
Net operating loss carry forwards	$	0.1	$	1.8
Other	—		0.4
Total deferred tax assets	0.1		2.2
Valuation allowances	—		—
Total deferred tax assets, net	0.1		2.2
Deferred tax liabilities
Property, plant and equipment	17.5		17.3
Inventory	21.3		16.3
Total deferred tax liabilities	38.8		33.6
Net deferred tax liability	$	(38.7)	$	(31.4)