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Consolidated Statements of Cash Flows
$ in Thousands
12 Months Ended
Dec. 31, 2017
USD ($)
Dec. 31, 2016
USD ($)
Dec. 31, 2015
USD ($)
Proceeds from members' capital contributions   $ 0  
Cash flows from operating activities:      
Net income $ 457,200 235,886 $ 187,294
Adjustments to reconcile net income to net cash provided by operations:      
Depreciation and amortization 274,651 218,933 199,383
Stock-based compensation 21,503 18,296 9,218
Change in fair value of catalyst leases 2,247 (1,422) (10,184)
Deferred income taxes (12,526) 19,802 0
Non-cash change in inventory repurchase obligations 13,779 29,453 63,389
Change in Non-cash Lower of Cost or Market Adjustment (295,532) (521,348) 427,226
Debt extinguishment costs 25,451 0 0
Pension and other post-retirement benefit costs 42,242 37,987 26,982
Equity income in investee (14,565) (5,679) 0
Distributions from equity method investee 20,244 0 0
Loss (gain) on sale of assets 1,458 11,374 (1,004)
Changes in operating assets and liabilities:      
Accounts receivable (335,248) (161,122) 97,636
Due to/from affiliates 3,233 9,721 12,104
Inventories (54,705) 236,602 (271,892)
Prepaid and other current assets (9,191) (5,783) (631)
Accounts payable 34,527 213,514 (25,015)
Accrued expenses 353,115 227,986 (37,737)
Deferred revenue (4,845) 8,297 2,816
Other assets and liabilities (51,974) (20,878) (27,182)
Net cash provided by operations 471,064 551,619 652,403
Cash flows from investing activities:      
Payments to acquire businesses   (971,932) (565,304)
Expenditures for property, plant and equipment (232,656) (282,430) (352,365)
Expenditures for deferred turnaround costs (379,114) (198,664) (53,576)
Expenditures for other assets (31,143) (42,506) (8,236)
Proceeds from sale of assets 0 24,692 168,270
Proceeds from Equity Method Investment, Dividends or Distributions, Return of Capital 1,300 0 0
Net cash used in investing activities (641,613) (1,473,499) (811,211)
Cash flows from financing activities:      
Contributions from PBF LLC 97,000 450,300 345,000
Distributions to members (61,149) (139,434) (350,658)
Payment received for affiliate note receivable 11,600 0 0
Proceeds from affiliate notes payable 0 43,396 347,783
Repayments of affiliate notes payable 0 (53,524) 0
Proceeds from revolver borrowings 490,000 550,000 170,000
Repayments of revolver borrowings (490,000) (200,000) (170,000)
Repayments of Long-term Debt (690,209)    
Repayments of Notes Payable 1,210 0 0
Proceeds from 2023 Senior Notes     500,000
Proceeds from PBF Rail Term Loan 725,000    
Proceeds from catalyst lease 10,830 15,589 0
Deferred financing costs and other (13,425) 0 (17,108)
Net cash provided by financing activities 70,004 633,836 855,154
Net (decrease) increase in cash and cash equivalents (100,545) (288,044) 696,346
Cash and equivalents, beginning of period 626,705 914,749 218,403
Cash and equivalents, end of period 526,160 626,705 914,749
Non-cash activities:      
Conversion of affiliate notes payable to capital contribution 86,298 379,947 0
Conversion of Delaware Economic Development Authority loan to grant 0 4,000 4,000
Accrued and unpaid capital expenditures 25,382 34,055 7,974
Distribution of assets to PBF Energy Company LLC 25,547 172,743 19,233
Note payable issued for purchase of property, plant and equipment 6,831 0 0
Cash paid during the year for:      
Interest (net of capitalized interest of $5,937, $8,333 and $3,529 in 2017, 2016 and 2015, respectively) 131,416 108,547 79,842
Income taxes 0 2,449 0
Chalmette Refinery [Member]      
Cash flows from investing activities:      
Payments to acquire businesses 0 (2,659) (565,304)
Torrance Refinery [Member]      
Cash flows from investing activities:      
Payments to acquire businesses 0 (971,932) 0
2025 Senior Notes [Member]      
Cash flows from financing activities:      
Proceeds from PBF Rail Term Loan 725,000 0 0
2020 Senior Secured Notes [Member]      
Cash flows from financing activities:      
Repayments of Long-term Debt (690,209) 0 0
2023 Senior Notes [Member]      
Cash flows from financing activities:      
Proceeds from 2023 Senior Notes 0 0 500,000
Rail Facility [Member]      
Cash flows from financing activities:      
Proceeds from revolver borrowings 0 0 102,075
Repayments of revolver borrowings 0 (67,491) (71,938)
Rail Term Loan [Member]      
Cash flows from financing activities:      
Repayments of Long-term Debt (6,633) 0 0
Proceeds from PBF Rail Term Loan 0 35,000 0
Collins Pipeline Company And T&M Terminal Company [Member]      
Cash flows from financing activities:      
Distributions to members $ (1,800) $ 0 $ 0