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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 1,367.2 $ 1,783.5
Accounts receivable 1,510.1 1,362.5
Inventories 2,864.2 3,183.1
Prepaid and other current assets 305.5 267.5
Total current assets 6,047.0 6,596.6
Property, plant and equipment, net 4,996.6 4,978.1
Equity method investment in SBR 867.3 881.0
Lease right of use assets 801.7 789.1
Deferred charges and other assets, net 1,363.5 1,143.0
Total assets 14,076.1 14,387.8 Close
Current liabilities:    
Accounts payable 1,126.2 959.0
Accrued expenses 2,821.6 3,020.0
Payable pursuant to Tax Receivable Agreement 121.8 43.0
Deferred revenue 21.0 64.1
Current operating lease liabilities 164.9 131.2
Total current liabilities 4,255.5 4,217.3
Long-term debt 1,251.5 1,245.9
Payable pursuant to Tax Receivable Agreement 170.0 293.6
Deferred tax liabilities 1,082.6 1,073.3
Long-term operating lease liabilities 596.8 608.8
Long-term financing lease liabilities 40.5 46.1
Other long-term liabilities 272.8 271.5
Total liabilities 7,669.7 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 June 30, 2024 and December 31, 2023 0.0 0.0
Treasury stock, at cost, 28,290,610 shares outstanding at June 30, 2024 and 23,419,532 shares outstanding at December 31, 2023 (1,113.3) (868.2)
Additional paid in capital 3,318.2 3,278.8
Retained earnings 4,071.9 4,089.9
Accumulated other comprehensive loss (11.8) (12.3)
Total PBF Energy Inc. equity 6,265.1 6,488.3
Noncontrolling interest 141.3 143.0
Total equity 6,406.4 6,631.3 Close
Total liabilities and equity 14,076.1 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