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Condensed Consolidated Statements of Operations - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Income Statement [Abstract]        
Revenues $ 9,148.4 $ 14,064.0 $ 18,433.9 $ 23,192.2
Cost and expenses:        
Cost of products and other 7,988.2 11,455.8 15,867.9 19,733.3
Operating expenses (excluding depreciation and amortization expense as reflected below) 571.4 613.8 1,320.4 1,209.4
Depreciation and amortization expense 133.0 110.9 265.9 219.8
Cost of sales 8,692.6 12,180.5 17,454.2 21,162.5
General and administrative expenses (excluding depreciation and amortization expense as reflected below) 100.8 145.9 157.9 195.2
Depreciation and amortization expense 2.3 1.9 4.2 3.8
Change in fair value of contingent consideration, net (16.6) 77.6 (32.9) 127.7
Loss (gain) on sale of assets 0.2 0.2 (1.4) 0.3
Total cost and expenses 8,779.3 12,406.1 17,582.0 21,489.5
Income from operations 369.1 1,657.9 851.9 1,702.7
Other income (expense):        
Interest expense, net (15.1) (75.4) (30.0) (143.6)
Change in fair value of catalyst obligations 0.5 7.2 1.2 2.3
Gain on extinguishment of debt 0.0 3.8 0.0 3.8
Other non-service components of net periodic benefit cost 0.1 2.2 0.4 4.4
Income before income taxes 354.6 1,595.7 823.5 1,569.6
Income tax benefit 0.0 (1.2) (0.6) (9.3)
Net income 354.6 1,596.9 824.1 1,578.9
Less: net income (loss) attributable to noncontrolling interests 0.1 (0.6) 0.4 (1.7)
Net income attributable to PBF Holding Company LLC $ 354.5 $ 1,597.5 $ 823.7 $ 1,580.6