INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2024

Income Tax Disclosure [Abstract]

Components of Income Tax Expense (Benefit)

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

	Year Ended December 31,
(in millions)	2024		2023		2022
Current income tax expense (benefit)	$	0.2	$	(1.8)	$	0.5
Deferred income tax (benefit) expense	(5.9)		3.7		(3.2)
Total income tax (benefit) expense	$	(5.7)	$	1.9	$	(2.7)

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, 2024		December 31, 2023
Deferred tax assets
Net operating loss carry forwards	$	1.0	$	0.9
Other	0.5		0.6
Total deferred tax assets	1.5		1.5
Deferred tax liabilities
Property, plant and equipment	14.4		15.4
Inventory	5.9		10.9
Total deferred tax liabilities	20.3		26.3
Net deferred tax liability	$	(18.8)	$	(24.8)