XML 23 R3.htm IDEA: XBRL DOCUMENT v3.22.0.1
Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 1,341.5 $ 1,609.5
Accounts receivable 1,277.6 512.9
Inventories 2,505.1 1,686.2
Prepaid and other current assets 75.0 58.8
Total current assets 5,199.2 3,867.4
Property, plant and equipment, net 4,902.2 4,843.3
Lease right of use assets 717.1 916.9
Deferred charges and other assets, net 822.9 872.2
Total assets 11,641.4 10,499.8
Current liabilities:    
Accounts payable 911.7 407.0
Accrued expenses 2,740.4 1,911.5
Deferred revenue 42.7 47.2
Current operating lease liabilities 64.9 78.4
Current debt 0.0 7.4
Total current liabilities 3,759.7 2,451.5
Long-term debt 4,295.8 4,653.6
Payable to related parties pursuant to Tax Receivable Agreement 48.3 0.0
Deferred tax liabilities 111.4 99.6
Long-term operating lease liabilities 570.4 756.0
Long-term financing lease liabilities 70.6 68.3
Other long-term liabilities 252.4 268.5
Total liabilities 9,108.6 8,297.5
Commitments and contingencies (Note 14)
Equity:    
Preferred stock, $0.001 par value, 100,000,000 shares authorized, no shares outstanding at December 31, 2021 and December 31, 2020 0.0 0.0
Treasury stock, at cost, 6,676,809 shares outstanding at December 31, 2021 and 6,549,449 shares outstanding at December 31, 2020 (169.1) (167.3)
Additional paid in capital 2,874.0 2,846.2
Retained earnings (accumulated deficit) (796.1) (1,027.1)
Accumulated other comprehensive income (loss) 17.3 (9.1)
Total PBF Energy Inc. equity 1,926.2 1,642.8
Noncontrolling interest 606.6 559.5
Total equity 2,532.8 2,202.3
Total liabilities and equity 11,641.4 10,499.8
Variable Interest Entity, Primary Beneficiary, PBF Logistics LP    
Current assets:    
Cash and cash equivalents 33.9 36.3
Property, plant and equipment, net 787.3 820.2
Current liabilities:    
Long-term debt 622.5 720.8
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