INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2022

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, 2022		December 31, 2021		December 31, 2020
Current income tax expense (benefit)	$	0.5	$	0.5	$	(1.2)
Deferred income tax (benefit) expense	(3.2)		(14.5)		7.3
Total income tax (benefit) expense	$	(2.7)	$	(14.0)	$	6.1

Schedule of Deferred Tax Assets and Liabilities

A summary of the components of PBF Holding’s deferred tax assets and deferred tax liabilities consists of the following: 

(in millions)	December 31, 2022		December 31, 2021
Deferred tax assets
Net operating loss carry forwards	$	2.2	$	0.3
Other	0.6		0.5
Total deferred tax assets	2.8		0.8
Valuation allowance	—		—
Total deferred tax assets, net	2.8		0.8
Deferred tax liabilities
Property, plant and equipment	16.0		16.3
Inventory	7.8		8.7
Total deferred tax liabilities	23.8		25.0
Net deferred tax liability	$	(21.0)	$	(24.2)