XML 12 R2.htm IDEA: XBRL DOCUMENT v3.23.3Close
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 1,892.5 $ 2,203.6
Accounts receivable 1,583.4 1,456.3
Inventories 3,180.9 2,763.6
Prepaid and other current assets 263.9 122.8
Total current assets 6,920.7 6,546.3
Property, plant and equipment, net 4,922.0 5,361.0
Equity method investment in SBR 940.0 0.0
Lease right of use assets 812.8 679.1
Deferred charges and other assets, net 1,097.3 962.7
Total assets 14,692.8 13,549.1 Close
Current liabilities:    
Accounts payable 1,213.3 854.6
Accrued expenses 2,908.6 3,720.8
Payable pursuant to Tax Receivable Agreement 61.1 0.0
Deferred revenue 79.6 40.6
Current operating lease liabilities 130.1 60.5
Current debt 0.0 524.2
Total current liabilities 4,392.7 5,200.7
Long-term debt 1,243.0 1,434.9
Payable pursuant to Tax Receivable Agreement 277.5 338.6
Deferred tax liabilities 951.8 535.4
Long-term operating lease liabilities 628.7 552.7
Long-term financing lease liabilities 49.1 57.9
Other long-term liabilities 288.2 372.9
Total liabilities 7,831.0 8,493.1 Close
Commitments and contingencies (Note 7)
Equity:    
Preferred stock, $0.001 par value, 100,000,000 shares authorized, no shares outstanding at September 30, 2023 and December 31, 2022 0.0 0.0
Treasury stock, at cost, 20,001,487 shares outstanding at September 30, 2023 and 10,937,916 shares outstanding at December 31, 2022 (713.5) (327.0)
Additional paid in capital 3,265.1 3,201.6
Retained earnings 4,168.9 2,056.0
Accumulated other comprehensive loss (2.1) (1.5)
Total PBF Energy Inc. equity 6,718.5 4,929.2
Noncontrolling interest 143.3 126.8
Total equity 6,861.8 5,056.0 Close
Total liabilities and equity 14,692.8 13,549.1
Class A Common Stock    
Equity:    
Common stock, value, issued 0.1 0.1
Class B Common Stock    
Equity:    
Common stock, value, issued $ 0.0 $ 0.0