v2.4.0.8

CONDENSED CONSOLIDATING FINANCIAL STATEMENTS OF PBF HOLDINGS (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2013
Condensed Financial Information of Subsidiary Disclosure [Abstract] |
Condensed Consolidating Balance Sheet | CONDENSED CONSOLIDATING BALANCE SHEET (UNAUDITED)
| September 30, 2013
| Issuer |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Combining and Consolidating Adjustments |  | Total
ASSETS |  |  |  |  |  |  |  |  |
Current assets: |  |  |  |  |  |  |  |  |
Cash and cash equivalents | $ | 56,808 |  |  | $ | 609 |  |  | $ | — |  |  | $ | — |  |  | $ | 57,417 |
Accounts receivable | 531,004 |  |  | 46,875 |  |  | — |  |  | — |  |  | 577,879 |
Inventories | 851,985 |  |  | 620,652 |  |  | — |  |  | — |  |  | 1,472,637 |
Prepaid expense and other current assets | 43,721 |  |  | 12,412 |  |  | — |  |  | — |  |  | 56,133 |
Due from related parties | 10,852,441 |  |  | 15,714,459 |  |  | — |  |  | (26,566,900 | ) |  | — |
Total current assets | 12,335,959 |  |  | 16,395,007 |  |  | — |  |  | (26,566,900 | ) |  | 2,164,066 |
Property, plant and equipment, net | 63,428 |  |  | 1,672,332 |  |  | — |  |  | — |  |  | 1,735,760 |
Investment in subsidiaries | 3,814,871 |  |  | — |  |  | — |  |  | (3,814,871 | ) |  | — |
Deferred charges and other assets, net | 29,511 |  |  | 172,443 |  |  | — |  |  | — |  |  | 201,954 |
Total assets | $ | 16,243,769 |  |  | $ | 18,239,782 |  |  | $ | — |  |  | $ | (30,381,771 | ) |  | $ | 4,101,780 |
LIABILITIES AND EQUITY |  |  |  |  |  |  |  |  |
Current liabilities: |  |  |  |  |  |  |  |  |
Accounts payable | $ | 476,299 |  |  | $ | 87,623 |  |  | $ | — |  |  | $ | — |  |  | $ | 563,922 |
Accrued expenses | 482,446 |  |  | 561,157 |  |  | — |  |  | — |  |  | 1,043,603 |
Deferred revenue | 1,882 |  |  | — |  |  | — |  |  | — |  |  | 1,882 |
Due to related parties | 12,878,170 |  |  | 13,688,730 |  |  | — |  |  | (26,566,900 | ) |  | — |
Total current liabilities | 13,838,797 |  |  | 14,337,510 |  |  | — |  |  | (26,566,900 | ) |  | 1,609,407 |
Delaware Economic Development Authority loan | — |  |  | 16,000 |  |  | — |  |  | — |  |  | 16,000 |
Long-term debt | 682,242 |  |  | 40,323 |  |  | — |  |  | — |  |  | 722,565 |
Intercompany notes payable | 31,632 |  |  | — |  |  | — |  |  | — |  |  | 31,632 |
Other long-term liabilities | 5,273 |  |  | 31,078 |  |  | — |  |  | — |  |  | 36,351 |
Total liabilities | 14,557,944 |  |  | 14,424,911 |  |  | — |  |  | (26,566,900 | ) |  | 2,415,955 |
Commitments and contingencies |  |  |  |  |  |  |  |  |
Equity: |  |  |  |  |  |  |  |  |
Member's equity | 931,587 |  |  | 664,978 |  |  | — |  |  | (664,978 | ) |  | 931,587 |
Retained earnings (accumulated deficit) | 762,848 |  |  | 3,151,447 |  |  | — |  |  | (3,151,447 | ) |  | 762,848 |
Accumulated other comprehensive loss | (8,610 | ) |  | (1,554 | ) |  | — |  |  | 1,554 |  |  | (8,610 | )
Total equity | 1,685,825 |  |  | 3,814,871 |  |  | — |  |  | (3,814,871 | ) |  | 1,685,825 |
Total liabilities and equity | $ | 16,243,769 |  |  | $ | 18,239,782 |  |  | $ | — |  |  | $ | (30,381,771 | ) |  | $ | 4,101,780 |
18. CONDENSED CONSOLIDATING FINANCIAL STATEMENTS OF PBF HOLDING CONDENSED CONSOLIDATING BALANCE SHEET (UNAUDITED)
| December 31, 2012
| Issuer |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Combining and Consolidating Adjustments |  | Total
ASSETS |  |  |  |  |  |  |  |  |
Current assets: |  |  |  |  |  |  |  |  |
Cash and cash equivalents | $ | 241,926 |  |  | $ | 12,365 |  |  | $ | — |  |  | $ | — |  |  | $ | 254,291 |
Accounts receivable | 306,999 |  |  | 196,797 |  |  | — |  |  | — |  |  | 503,796 |
Inventories | 664,225 |  |  | 832,894 |  |  | — |  |  | — |  |  | 1,497,119 |
Prepaid expense and other current assets | 8,835 |  |  | 4,553 |  |  | — |  |  | — |  |  | 13,388 |
Due from related parties | 6,770,893 |  |  | 10,015,340 |  |  | — |  |  | (16,771,512 | ) |  | 14,721 |
Total current assets | 7,992,878 |  |  | 11,061,949 |  |  | — |  |  | (16,771,512 | ) |  | 2,283,315 |
Property, plant and equipment, net | 28,200 |  |  | 1,607,387 |  |  | — |  |  | — |  |  | 1,635,587 |
Investment in subsidiaries | 2,855,598 |  |  | — |  |  | — |  |  | (2,855,598 | ) |  | — |
Deferred charges and other assets, net | 31,081 |  |  | 166,268 |  |  | — |  |  | — |  |  | 197,349 |
Total assets | $ | 10,907,757 |  |  | $ | 12,835,604 |  |  | $ | — |  |  | $ | (19,627,110 | ) |  | $ | 4,116,251 |
LIABILITIES AND EQUITY |  |  |  |  |  |  |  |  |
Current liabilities: |  |  |  |  |  |  |  |  |
Accounts payable | $ | 197,624 |  |  | $ | 162,433 |  |  | $ | — |  |  | $ | — |  |  | $ | 360,057 |
Accrued expenses | 363,536 |  |  | 662,382 |  |  | — |  |  | — |  |  | 1,025,918 |
Deferred revenue | — |  |  | 210,543 |  |  | — |  |  | — |  |  | 210,543 |
Due to related parties | 7,926,481 |  |  | 8,845,031 |  |  | — |  |  | (16,771,512 | ) |  | — |
Total current liabilities | 8,487,641 |  |  | 9,880,389 |  |  | — |  |  | (16,771,512 | ) |  | 1,596,518 |
Delaware Economic Development Authority loan | — |  |  | 20,000 |  |  | — |  |  | — |  |  | 20,000 |
Long-term debt | 666,538 |  |  | 43,442 |  |  | — |  |  | — |  |  | 709,980 |
Other long-term liabilities | 1,924 |  |  | 36,175 |  |  | — |  |  | — |  |  | 38,099 |
Total liabilities | 9,156,103 |  |  | 9,980,006 |  |  | — |  |  | (16,771,512 | ) |  | 2,364,597 |
Commitments and contingencies |  |  |  |  |  |  |  |  |
Equity: |  |  |  |  |  |  |  |  |
Member's equity | 930,098 |  |  | 664,108 |  |  | — |  |  | (664,108 | ) |  | 930,098 |
Retained earnings | 830,497 |  |  | 2,193,052 |  |  | — |  |  | (2,193,052 | ) |  | 830,497 |
Accumulated other comprehensive loss | (8,941 | ) |  | (1,562 | ) |  | — |  |  | 1,562 |  |  | (8,941 | )
Total equity | 1,751,654 |  |  | 2,855,598 |  |  | — |  |  | (2,855,598 | ) |  | 1,751,654 |
Total liabilities and equity | $ | 10,907,757 |  |  | $ | 12,835,604 |  |  | $ | — |  |  | $ | (19,627,110 | ) |  | $ | 4,116,251 |
Condensed Consolidating Statement of Operations and Comprehensive Income (Loss) | CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE (LOSS) INCOME (UNAUDITED)
| Three Months Ended September 30, 2013
| Issuer |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Combining and Consolidating Adjustments |  | Total
Revenues | $ | 4,813,737 |  |  | $ | 745,102 |  |  | $ | — |  |  | $ | (699,959 | ) |  | $ | 4,858,880 |
Costs and expenses: |  |  |  |  |  |  |  |  |
Cost of sales, excluding depreciation | 4,624,531 |  |  | 739,125 |  |  | — |  |  | (699,959 | ) |  | 4,663,697 |
Operating expenses, excluding depreciation | (168 | ) |  | 192,815 |  |  | — |  |  | — |  |  | 192,647 |
General and administrative expenses | 19,567 |  |  | 3,086 |  |  | — |  |  | — |  |  | 22,653 |
(Gain) loss on sale of asset | (254 | ) |  | 206 |  |  | — |  |  | — |  |  | (48 | )
Depreciation and amortization expense | 3,317 |  |  | 24,118 |  |  | — |  |  | — |  |  | 27,435 |
| 4,646,993 |  |  | 959,350 |  |  | — |  |  | (699,959 | ) |  | 4,906,384 |
Income (loss) from operations | 166,744 |  |  | (214,248 | ) |  | — |  |  | — |  |  | (47,504 | )
Other income (expense): |  |  |  |  |  |  |  |  |
Equity in earnings of subsidiaries | (218,232 | ) |  | — |  |  | — |  |  | 218,232 |  |  | — |
Change in fair value of catalyst lease | — |  |  | (2,363 | ) |  | — |  |  | — |  |  | (2,363 | )
Interest expense, net | (24,742 | ) |  | (1,621 | ) |  | — |  |  | — |  |  | (26,363 | )
Net (loss) income | $ | (76,230 | ) |  | $ | (218,232 | ) |  | $ | — |  |  | $ | 218,232 |  |  | $ | (76,230 | )
Comprehensive (Loss) Income | $ | (76,109 | ) |  | $ | (218,232 | ) |  | $ | — |  |  | $ | 218,232 |  |  | $ | (76,109 | )
18. CONDENSED CONSOLIDATING FINANCIAL STATEMENTS OF PBF HOLDING CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME (UNAUDITED)
| Three Months Ended September 30, 2012
| Issuer |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Combining and Consolidating Adjustments |  | Total
Revenues | $ | 2,191,427 |  |  | $ | 4,133,729 |  |  | $ | — |  |  | $ | (929,950 | ) |  | $ | 5,395,206 |
Costs and expenses: |  |  |  |  |  |  |  |  |
Cost of sales, excluding depreciation | 2,428,649 |  |  | 3,433,946 |  |  | — |  |  | (929,950 | ) |  | 4,932,645 |
Operating expenses, excluding depreciation | — |  |  | 179,035 |  |  | — |  |  | — |  |  | 179,035 |
General and administrative expenses | 38,150 |  |  | 792 |  |  | — |  |  | — |  |  | 38,942 |
Loss on sale of asset | — |  |  | 20 |  |  | — |  |  | — |  |  | 20 |
Depreciation and amortization expense | 2,183 |  |  | 22,272 |  |  | — |  |  | — |  |  | 24,455 |
| 2,468,982 |  |  | 3,636,065 |  |  | — |  |  | (929,950 | ) |  | 5,175,097 |
(Loss) income from operations | (277,555 | ) |  | 497,664 |  |  | — |  |  | — |  |  | 220,109 |
Other income (expense): |  |  |  |  |  |  |  |  |
Equity in earnings (loss) of subsidiaries | 483,690 |  |  | — |  |  | — |  |  | (483,690 | ) |  | — |
Change in fair value of contingent consideration | — |  |  | (692 | ) |  | — |  |  | — |  |  | (692 | )
Change in fair value of catalyst lease | — |  |  | (5,952 | ) |  | — |  |  | — |  |  | (5,952 | )
Interest expense, net | (19,552 | ) |  | (7,349 | ) |  | — |  |  | — |  |  | (26,901 | )
Net income | $ | 186,583 |  |  | $ | 483,671 |  |  | $ | — |  |  | $ | (483,690 | ) |  | $ | 186,564 |
Comprehensive Income | $ | 186,566 |  |  | $ | 483,690 |  |  | $ | — |  |  | $ | (483,690 | ) |  | $ | 186,566 |
18. CONDENSED CONSOLIDATING FINANCIAL STATEMENTS OF PBF HOLDING CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME (UNAUDITED)
| Nine Months Ended September 30, 2013
| Issuer |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Combining and Consolidating Adjustments |  | Total
Revenues | $ | 11,375,513 |  |  | $ | 7,060,883 |  |  | $ | — |  |  | $ | (4,101,376 | ) |  | $ | 14,335,020 |
Costs and expenses: |  |  |  |  |  |  |  |  |
Cost of sales, excluding depreciation | 12,078,314 |  |  | 5,417,839 |  |  | — |  |  | (4,101,376 | ) |  | 13,394,777 |
Operating expenses, excluding depreciation | (310 | ) |  | 601,555 |  |  | — |  |  | — |  |  | 601,245 |
General and administrative expenses | 61,607 |  |  | 10,281 |  |  | — |  |  | — |  |  | 71,888 |
(Gain) loss on sale of asset | (254 | ) |  | 206 |  |  | — |  |  | — |  |  | (48 | )
Depreciation and amortization expense | 9,457 |  |  | 72,073 |  |  | — |  |  | — |  |  | 81,530 |
| 12,148,814 |  |  | 6,101,954 |  |  | — |  |  | (4,101,376 | ) |  | 14,149,392 |
(Loss) income from operations | (773,301 | ) |  | 958,929 |  |  | — |  |  | — |  |  | 185,628 |
Other income (expense): |  |  |  |  |  |  |  |  |
Equity in earnings (loss) of subsidiaries | 958,402 |  |  | — |  |  | — |  |  | (958,402 | ) |  | — |
Change in fair value of catalyst lease | — |  |  | 3,118 |  |  | — |  |  | — |  |  | 3,118 |
Interest expense, net | (66,067 | ) |  | (3,645 | ) |  | — |  |  | — |  |  | (69,712 | )
Net income | $ | 119,034 |  |  | $ | 958,402 |  |  | $ | — |  |  | $ | (958,402 | ) |  | $ | 119,034 |
Comprehensive Income | $ | 119,365 |  |  | $ | 958,402 |  |  | $ | — |  |  | $ | (958,402 | ) |  | $ | 119,365 |
18. CONDENSED CONSOLIDATING FINANCIAL STATEMENTS OF PBF HOLDING CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME (UNAUDITED)
| Nine Months Ended September 30, 2012
| Issuer |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Combining and Consolidating Adjustments |  | Total
Revenues | $ | 5,036,947 |  |  | $ | 12,767,276 |  |  | $ | — |  |  | $ | (2,615,896 | ) |  | $ | 15,188,327 |
Costs and expenses: |  |  |  |  |  |  |  |  |
Cost of sales, excluding depreciation | 6,010,490 |  |  | 10,477,290 |  |  | — |  |  | (2,615,896 | ) |  | 13,871,884 |
Operating expenses, excluding depreciation | — |  |  | 537,880 |  |  | — |  |  | — |  |  | 537,880 |
General and administrative expenses | 72,706 |  |  | 5,336 |  |  | — |  |  | — |  |  | 78,042 |
Gain on sale of asset | — |  |  | (2,430 | ) |  | — |  |  | — |  |  | (2,430 | )
Depreciation and amortization expense | 5,123 |  |  | 62,296 |  |  | — |  |  | — |  |  | 67,419 |
| 6,088,319 |  |  | 11,080,372 |  |  | — |  |  | (2,615,896 | ) |  | 14,552,795 |
(Loss) income from operations | (1,051,372 | ) |  | 1,686,904 |  |  | — |  |  | — |  |  | 635,532 |
Other income (expense): |  |  |  |  |  |  |  |  |
Equity in earnings (loss) of subsidiaries | 1,654,329 |  |  | — |  |  | — |  |  | (1,654,329 | ) |  | — |
Change in fair value of contingent consideration | — |  |  | (2,076 | ) |  | — |  |  | — |  |  | (2,076 | )
Change in fair value of catalyst lease | — |  |  | (6,929 | ) |  | — |  |  | — |  |  | (6,929 | )
Interest expense, net | (63,164 | ) |  | (23,589 | ) |  | — |  |  | — |  |  | (86,753 | )
Net income | $ | 539,793 |  |  | $ | 1,654,310 |  |  | $ | — |  |  | $ | (1,654,329 | ) |  | $ | 539,774 |
Comprehensive Income | $ | 539,793 |  |  | $ | 1,654,329 |  |  | $ | — |  |  | $ | (1,654,329 | ) |  | $ | 539,793 |
Condensed Consolidating Statement of Cash Flow | CONDENSED CONSOLIDATING STATEMENT OF CASH FLOW (UNAUDITED)
| Nine Months Ended September 30, 2013
| Issuer |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Combining and Consolidating Adjustments |  | Total
Cash flows from operating activities: |  |  |  |  |  |  |  |  |
Net income | $ | 119,034 |  |  | $ | 958,402 |  |  | $ | — |  |  | $ | (958,402 | ) |  | $ | 119,034 |
Adjustments to reconcile net income to net |  |  |  |  |  |  |  |  |
cash provided by operating activities: |  |  |  |  |  |  |  |  |
Depreciation and amortization | 14,273 |  |  | 72,144 |  |  | — |  |  | — |  |  | 86,417 |
Stock-based compensation | — |  |  | 2,750 |  |  | — |  |  | — |  |  | 2,750 |
Change in fair value of catalyst lease obligation | — |  |  | (3,118 | ) |  | — |  |  | — |  |  | (3,118 | )
Change in fair value of contingent consideration | — |  |  | — |  |  | — |  |  | — |  |  | — |
Non-cash change in inventory repurchase obligations | — |  |  | (13,362 | ) |  | — |  |  | — |  |  | (13,362 | )
Write-off of unamortized deferred financing fees | — |  |  | — |  |  | — |  |  | — |  |  | — |
Pension and other post retirement benefit costs | 3,541 |  |  | 9,113 |  |  | — |  |  | — |  |  | 12,654 |
Gain on disposition of property, plant and equipment | (254 | ) |  | 206 |  |  | — |  |  | — |  |  | (48 | )
Equity in earnings of subsidiaries | (958,402 | ) |  | — |  |  | — |  |  | 958,402 |  |  | — |
Changes in current assets and current liabilities: |  |  |  |  |  |  |  |  |
Accounts receivable | (224,005 | ) |  | 149,922 |  |  | — |  |  | — |  |  | (74,083 | )
Amounts due to/from related parties | 870,141 |  |  | (855,420 | ) |  | — |  |  | — |  |  | 14,721 |
Inventories | (187,760 | ) |  | 218,925 |  |  | — |  |  | — |  |  | 31,165 |
Other current assets | (34,886 | ) |  | (7,859 | ) |  | — |  |  | — |  |  | (42,745 | )
Accounts payable | 278,675 |  |  | (74,810 | ) |  | — |  |  | — |  |  | 203,865 |
Accrued expenses | 118,507 |  |  | (65,994 | ) |  | — |  |  | — |  |  | 52,513 |
Deferred revenue | 1,882 |  |  | (210,543 | ) |  | — |  |  | — |  |  | (208,661 | )
Other assets and liabilities | 122 |  |  | (18,497 | ) |  | — |  |  | — |  |  | (18,375 | )
Net cash provided by operating activities | 868 |  |  | 161,859 |  |  | — |  |  | — |  |  | 162,727 |
Cash flows from investing activities: |  |  |  |  |  |  |  |  |
Expenditures for property, plant and equipment | (75,099 | ) |  | (126,807 | ) |  | — |  |  | — |  |  | (201,906 | )
Expenditures for refinery turnarounds costs | — |  |  | (15,859 | ) |  | — |  |  | — |  |  | (15,859 | )
Expenditures for other assets | — |  |  | (10,584 | ) |  | — |  |  | — |  |  | (10,584 | )
Proceeds from sale of assets | 30,826 |  |  | — |  |  | — |  |  | — |  |  | 30,826 |
Net cash used in investing activities | (44,273 | ) |  | (153,250 | ) |  | — |  |  | — |  |  | (197,523 | )
Cash flows from financing activities: |  |  |  |  |  |  |  |  |
Proceeds from revolver borrowings | 745,000 |  |  | — |  |  | — |  |  | — |  |  | 745,000 |
Proceeds from intercompany notes payable | 31,632 |  |  | — |  |  | — |  |  | — |  |  | 31,632 |
Distribution to members | (186,684 | ) |  | — |  |  | — |  |  | — |  |  | (186,684 | )
Repayments of revolver borrowings | (730,000 | ) |  | — |  |  | — |  |  | — |  |  | (730,000 | )
Payment of contingent consideration related to acquisition of Toledo refinery | — |  |  | (21,357 | ) |  | — |  |  | — |  |  | (21,357 | )
Deferred financing costs and other | (1,661 | ) |  | 992 |  |  | — |  |  | — |  |  | (669 | )
Net cash used in financing activities | (141,713 | ) |  | (20,365 | ) |  | — |  |  | — |  |  | (162,078 | )
Net decrease in cash and cash equivalents | (185,118 | ) |  | (11,756 | ) |  | — |  |  | — |  |  | (196,874 | )
Cash and equivalents, beginning of period | 241,926 |  |  | 12,365 |  |  | — |  |  | — |  |  | 254,291 |
Cash and equivalents, end of period | $ | 56,808 |  |  | $ | 609 |  |  | $ | — |  |  | $ | — |  |  | $ | 57,417 |
18. CONDENSED CONSOLIDATING FINANCIAL STATEMENTS OF PBF HOLDING CONDENSED CONSOLIDATING STATEMENT OF CASH FLOW (UNAUDITED)
| Nine Months Ended September 30, 2012
| Issuer |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Combining and Consolidating Adjustments |  | Total
Cash flows from operating activities: |  |  |  |  |  |  |  |  |
Net income | $ | 539,793 |  |  | $ | 1,654,310 |  |  | $ | — |  |  | $ | (1,654,329 | ) |  | $ | 539,774 |
Adjustments to reconcile net income to net |  |  |  |  |  |  |  |  |
cash provided by operating activities: |  |  |  |  |  |  |  |  |
Depreciation and amortization | 8,847 |  |  | 62,297 |  |  | — |  |  | — |  |  | 71,144 |
Stock-based compensation | — |  |  | 1,707 |  |  | — |  |  | — |  |  | 1,707 |
Change in fair value of catalyst lease obligation | — |  |  | 6,929 |  |  | — |  |  | — |  |  | 6,929 |
Change in fair value of contingent consideration | — |  |  | 2,076 |  |  | — |  |  | — |  |  | 2,076 |
Non-cash change in inventory repurchase obligations | — |  |  | 5,126 |  |  | — |  |  | — |  |  | 5,126 |
Write-off of unamortized deferred financing fees | 4,391 |  |  | — |  |  | — |  |  | — |  |  | 4,391 |
Pension and other post retirement benefit costs | 1,594 |  |  | 7,919 |  |  | — |  |  | — |  |  | 9,513 |
Gain on disposition of property, plant and equipment | — |  |  | (2,430 | ) |  | — |  |  | — |  |  | (2,430 | )
Equity in earnings of subsidiaries | (1,654,329 | ) |  | — |  |  | — |  |  | 1,654,329 |  |  | — |
Changes in current assets and current liabilities: |  |  |  |  |  |  |  |  |
Accounts receivable | (410,412 | ) |  | 230,423 |  |  | — |  |  | — |  |  | (179,989 | )
Amounts due to/from related parties | 1,710,567 |  |  | (1,710,567 | ) |  | — |  |  | — |  |  | — |
Inventories | (540,547 | ) |  | 625,726 |  |  | — |  |  | — |  |  | 85,179 |
Other current assets | (8,501 | ) |  | 45,472 |  |  | — |  |  | — |  |  | 36,971 |
Accounts payable | 63,779 |  |  | (77,121 | ) |  | — |  |  | (25,811 | ) |  | (39,153 | )
Accrued expenses | 347,790 |  |  | (404,194 | ) |  | — |  |  | — |  |  | (56,404 | )
Deferred revenue | 3,912 |  |  | 9,807 |  |  | — |  |  | — |  |  | 13,719 |
Other assets and liabilities | (2,723 | ) |  | (27,008 | ) |  | — |  |  | — |  |  | (29,731 | )
Net cash (used in) provided by operating activities | 64,161 |  |  | 430,472 |  |  | — |  |  | (25,811 | ) |  | 468,822 |
Cash flows from investing activities: |  |  |  |  |  |  |  |  |
Expenditures for property, plant and equipment | (13,859 | ) |  | (88,145 | ) |  | — |  |  | — |  |  | (102,004 | )
Expenditures for refinery turnarounds costs | — |  |  | (27,501 | ) |  | — |  |  | — |  |  | (27,501 | )
Expenditures for other assets | — |  |  | (7,731 | ) |  | — |  |  | — |  |  | (7,731 | )
Proceeds from sale of assets | — |  |  | 3,381 |  |  | — |  |  | — |  |  | 3,381 |
Net cash used in investing activities | (13,859 | ) |  | (119,996 | ) |  | — |  |  | — |  |  | (133,855 | )
Cash flows from financing activities: |  |  |  |  |  |  |  |  |
Proceeds from member's capital contributions | 250 |  |  | — |  |  | — |  |  | — |  |  | 250 |
Proceeds from 8.25% senior secured notes | 665,806 |  |  | — |  |  | — |  |  | — |  |  | 665,806 |
Proceeds from long-term debt | 430,000 |  |  | — |  |  | — |  |  | — |  |  | 430,000 |
Proceeds from catalyst lease | — |  |  | 9,452 |  |  | — |  |  | — |  |  | 9,452 |
Distributions to members | (15,081 | ) |  | — |  |  | — |  |  | — |  |  | (15,081 | )
Repayments of long-term debt | (823,749 | ) |  | (360,848 | ) |  | — |  |  | — |  |  | (1,184,597 | )
Payment of contingent consideration related to acquisition of Toledo refinery | (103,642 | ) |  | — |  |  | — |  |  | — |  |  | (103,642 | )
Deferred financing costs and other | (17,273 | ) |  | — |  |  | — |  |  | — |  |  | (17,273 | )
Net cash provided by (used in) financing activities | 136,311 |  |  | (351,396 | ) |  | — |  |  | — |  |  | (215,085 | )
Net increase (decrease) in cash and cash equivalents | 186,613 |  |  | (40,920 | ) |  | — |  |  | (25,811 | ) |  | 119,882 |
Cash and equivalents, beginning of period | 3,124 |  |  | 47,042 |  |  | — |  |  | — |  |  | 50,166 |
Cash and equivalents, end of period | $ | 189,737 |  |  | $ | 6,122 |  |  | $ | — |  |  | $ | (25,811 | ) |  | $ | 170,048 |

X
- Details
Name: | pbf_CondensedFinancialInformationOfSubsidiaryDisclosureAbstract
Namespace Prefix: | pbf_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of a condensed balance sheet. Disclosure may include, but is not limited to, balance sheets of consolidated entities and consolidation eliminations. + References No definition available. + Details
Name: | us-gaap_ScheduleOfCondensedBalanceSheetTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of a condensed cash flow statement. Disclosure may include, but is not limited to, cash flow statements of consolidated entities and consolidation eliminations. + References No definition available. + Details
Name: | us-gaap_ScheduleOfCondensedCashFlowStatementTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of a condensed income statement. Disclosure may include, but is not limited to, income statements of consolidated entities and consolidation eliminations. + References No definition available. + Details
Name: | us-gaap_ScheduleOfCondensedIncomeStatementTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration