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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents (PBFX $36.3 and $35.0, respectively) $ 1,609.5 $ 814.9
Accounts receivable 512.9 835.0
Inventories 1,686.2 2,122.2
Prepaid and other current assets 58.8 51.6
Total current assets 3,867.4 3,823.7
Property, plant and equipment, net (PBFX: $820.2 and $854.6, respectively) 4,843.3 4,023.2
Lease right of use assets 916.9 330.6
Deferred charges and other assets, net 872.2 954.9
Total assets [1] 10,499.8 9,132.4
Current liabilities:    
Accounts payable 407.0 601.4
Accrued expenses 1,911.5 1,815.6
Deferred revenue 47.2 20.1
Current operating lease liabilities 78.4 72.1
Current debt 7.4 0.0
Total current liabilities 2,451.5 2,509.2
Long-term debt (PBFX: $720.8 and $802.1, respectively) 4,653.6 2,064.9
Payable to related parties pursuant to Tax Receivable Agreement 0.0 373.5
Deferred tax liabilities 99.6 96.9
Long-term operating lease liabilities 756.0 233.1
Long-term financing lease liabilities 68.3 18.4
Other long-term liabilities 268.5 250.9
Total liabilities 8,297.5 5,546.9
Commitments and contingencies (Note 14)
Equity:    
Preferred stock, $0.001 par value, 100,000,000 shares authorized, no shares outstanding at December 31, 2020 and December 31, 2019 0.0 0.0
Treasury stock, at cost, 6,549,449 shares outstanding at December 31, 2020 and 6,424,787 shares outstanding at December 31, 2019 (167.3) (165.7)
Additional paid in capital 2,846.2 2,812.3
Retained earnings (accumulated deficit) (1,027.1) 401.2
Accumulated other comprehensive loss (9.1) (8.3)
Total PBF Energy Inc. equity 1,642.8 3,039.6
Noncontrolling interest 559.5 545.9
Total equity 2,202.3 3,585.5
Total liabilities and equity 10,499.8 9,132.4
Variable Interest Entity, Primary Beneficiary, PBF Logistics LP    
Current assets:    
Cash and cash equivalents (PBFX $36.3 and $35.0, respectively) 36.3 35.0
Property, plant and equipment, net (PBFX: $820.2 and $854.6, respectively) 820.2 854.6
Current liabilities:    
Long-term debt (PBFX: $720.8 and $802.1, respectively) 720.8 802.1
Class A Common Stock [Member]    
Equity:    
Common stock, value, issued 0.1 0.1
Class B Common Stock [Member]    
Equity:    
Common stock, value, issued $ 0.0 $ 0.0
[1] On April 24, 2019, PBFX entered into the TVPC Contribution Agreement, pursuant to which PBF LLC contributed to PBFX all of the issued and outstanding limited liability company interests of TVP Holding. Prior to the TVPC Acquisition, TVP Holding owned a 50% membership interest in TVPC. Subsequent to the closing of the TVPC Acquisition on May 31, 2019, PBFX owns 100% of the membership interests in TVPC.