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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 1,441.5 $ 1,783.5
Accounts receivable 1,179.1 1,362.5
Inventories 2,891.3 3,183.1
Prepaid and other current assets 310.1 267.5
Total current assets 5,822.0 6,596.6
Property, plant and equipment, net 4,993.6 4,978.1
Equity method investment in SBR 879.9 881.0
Lease right of use assets 836.4 789.1
Deferred charges and other assets, net 1,276.3 1,143.0
Total assets 13,808.2 14,387.8 Close
Current liabilities:    
Accounts payable 960.6 959.0
Accrued expenses 2,451.3 3,020.0
Payable pursuant to Tax Receivable Agreement 121.8 43.0
Deferred revenue 75.0 64.1
Current operating lease liabilities 172.5 131.2
Total current liabilities 3,781.2 4,217.3
Long-term debt 1,248.6 1,245.9
Payable pursuant to Tax Receivable Agreement 170.0 293.6
Deferred tax liabilities 1,078.5 1,073.3
Long-term operating lease liabilities 619.7 608.8
Long-term financing lease liabilities 43.2 46.1
Other long-term liabilities 268.8 271.5
Total liabilities 7,210.0 7,756.5 Close
Commitments and contingencies (Note 6)
Equity:    
Preferred stock, $0.001 par value, 100,000,000 shares authorized, no shares outstanding at March 31, 2024 and December 31, 2023 0.0 0.0
Treasury stock, at cost, 26,305,891 shares outstanding at March 31, 2024 and 23,419,532 shares outstanding at December 31, 2023 (1,010.8) (868.2)
Additional paid in capital 3,311.7 3,278.8
Retained earnings 4,166.7 4,089.9
Accumulated other comprehensive loss (11.8) (12.3)
Total PBF Energy Inc. equity 6,455.9 6,488.3
Noncontrolling interest 142.3 143.0
Total equity 6,598.2 6,631.3 Close
Total liabilities and equity 13,808.2 14,387.8
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