CONSOLIDATING FINANCIAL STATEMENTS OF PBF HOLDINGS (Tables)

12 Months Ended

Dec. 31, 2018

Condensed Financial Information of Subsidiary Disclosure [Abstract]

Condensed Consolidating Balance Sheet

	December 31, 2018
	Issuer			Guarantor Subsidiaries			Non-Guarantor Subsidiaries		Combining and Consolidating Adjustments			Total
ASSETS
Current assets:
Cash and cash equivalents	$	526,038		$	9,079		$	26,574	$	—		$	561,691
Accounts receivable	690,097			7,255			13,343		—			710,695
Accounts receivable - affiliate	1,771			9,543			733		—			12,047
Inventories	1,685,322			—			178,734		—			1,864,056
Prepaid and other current assets	20,654			30,003			1,783		—			52,440
Due from related parties	33,793,126			25,057,250			9,534,212		(68,384,588		)	—
Total current assets	36,717,008			25,113,130			9,755,379		(68,384,588		)	3,200,929
Property, plant and equipment, net	17,323			2,722,679			231,225		—			2,971,227
Investment in subsidiaries	—			421,438			—		(421,438		)	—
Investment in equity method investee	—			—			169,472		—			169,472
Deferred charges and other assets, net	16,117			855,697			34		—			871,848
Total assets	$	36,750,448		$	29,112,944		$	10,156,110	$	(68,806,026	)	$	7,213,476
LIABILITIES AND EQUITY
Current liabilities:
Accounts payable	$	278,206		$	189,671		$	15,888	$	—		$	483,765
Accounts payable - affiliate	34,251			14,764			489		—			49,504
Accrued expenses	1,364,005			156,147			58,886		—			1,579,038
Current debt	—			2,378			—		—			2,378
Deferred revenue	15,599			1,522			5		—			17,126
Due to related parties	28,340,713			30,433,385			9,610,490		(68,384,588		)	—
Total current liabilities	30,032,774			30,797,867			9,685,758		(68,384,588		)	2,131,811
Long-term debt	1,194,721			41,975			21,296		—			1,257,992
Deferred tax liabilities	—			—			40,365		—			40,365
Other long-term liabilities	54,921			194,535			4,145		—			253,601
Investment in subsidiaries	1,938,325			—			—		(1,938,325		)	—
Total liabilities	33,220,741			31,034,377			9,751,564		(70,322,913		)	3,683,769
Commitments and contingencies
Equity:
PBF Holding Company LLC equity
Member’s equity	2,652,424			1,737,232			323,690		(2,060,922		)	2,652,424
Retained earnings	890,376			(3,662,009		)	80,856		3,581,153			890,376
Accumulated other comprehensive loss	(23,945		)	(7,508		)	—		7,508			(23,945		)
Total PBF Holding Company LLC equity	3,518,855			(1,932,285		)	404,546		1,527,739			3,518,855
Noncontrolling interest	10,852			10,852			—		(10,852		)	10,852
Total equity	3,529,707			(1,921,433		)	404,546		1,516,887			3,529,707
Total liabilities and equity	$	36,750,448		$	29,112,944		$	10,156,110	$	(68,806,026	)	$	7,213,476

20. CONSOLIDATING FINANCIAL STATEMENTS OF PBF HOLDING CONSOLIDATING BALANCE SHEETS

	December 31, 2017
	Issuer			Guarantor Subsidiaries			Non-Guarantor Subsidiaries		Combining and Consolidating Adjustments			Total
ASSETS
Current assets:
Cash and cash equivalents	$	486,568		$	13,456		$	26,136	$	—		$	526,160
Accounts receivable	903,298			7,605			40,226		—			951,129
Accounts receivable - affiliate	2,321			5,300			731		—			8,352
Inventories	1,982,315			—			231,482		—			2,213,797
Prepaid and other current assets	20,523			27,100			1,900		—			49,523
Due from related parties	28,632,914			23,302,660			6,820,693		(58,756,267		)	—
Total current assets	32,027,939			23,356,121			7,121,168		(58,756,267		)	3,748,961
Property, plant and equipment, net	21,785			2,547,229			236,376		—			2,805,390
Investment in subsidiaries	—			413,136			—		(413,136		)	—
Investment in equity method investee	—			—			171,903		—			171,903
Deferred charges and other assets, net	30,141			749,749			34		—			779,924
Total assets	$	32,079,865		$	27,066,235		$	7,529,481	$	(59,169,403	)	$	7,506,178
LIABILITIES AND EQUITY
Current liabilities:
Accounts payable	$	413,829		$	137,149		$	21,954	$	—		$	572,932
Accounts payable - affiliate	39,952			865			—		—			40,817
Accrued expenses	1,409,212			122,722			268,925		—			1,800,859
Current debt	—			10,987			—		—			10,987
Deferred revenue	6,005			1,472			18		—			7,495
Note payable	—			5,621			—		—			5,621
Due to related parties	24,813,299			27,166,679			6,776,289		(58,756,267		)	—
Total current liabilities	26,682,297			27,445,495			7,067,186		(58,756,267		)	2,438,711
Long-term debt	1,550,206			48,024			28,019		—			1,626,249
Deferred tax liabilities	—			—			33,155		—			33,155
Other long-term liabilities	30,612			189,204			4,145		—			223,961
Investment in subsidiaries	632,648			—			—		(632,648		)	—
Total liabilities	28,895,763			27,682,723			7,132,505		(59,388,915		)	4,322,076
Commitments and contingencies
Equity:
PBF Holding Company LLC equity
Member’s equity	2,359,791			1,731,268			343,940		(2,075,208		)	2,359,791
Retained earnings	840,431			(2,348,904		)	53,036		2,295,868			840,431
Accumulated other comprehensive loss	(26,928		)	(9,660		)	—		9,660			(26,928		)
Total PBF Holding Company LLC equity	3,173,294			(627,296		)	396,976		230,320			3,173,294
Noncontrolling interest	10,808			10,808			—		(10,808		)	10,808
Total equity	3,184,102			(616,488		)	396,976		219,512			3,184,102
Total liabilities and equity	$	32,079,865		$	27,066,235		$	7,529,481	$	(59,169,403	)	$	7,506,178

Condensed Consolidating Statement of Operations and Comprehensive Income (Loss)

	Year Ended December 31, 2018
	Issuer			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Combining and Consolidating Adjustments			Total
Revenues	$	26,935,156		$	1,532,383		$	2,961,078		$	(4,264,609	)	$	27,164,008
Cost and expenses:
Cost of products and other	25,170,899			940,247			2,898,082			(4,264,609		)	24,744,619
Operating expenses (excluding depreciation and amortization expense as reflected below)	54			1,623,564			31,131			—			1,654,749
Depreciation and amortization expense	—			322,015			7,694			—			329,709
Cost of sales	25,170,953			2,885,826			2,936,907			(4,264,609		)	26,729,077
General and administrative expenses (excluding depreciation and amortization expense as reflected below)	222,976			26,652			4,206			—			253,834
Depreciation and amortization expense	10,634			—			—			—			10,634
Equity income in investee	—			—			(17,819		)	—			(17,819		)
(Gain) loss on sale of asset	—			(43,118		)	24			—			(43,094		)
Total cost and expenses	25,404,563			2,869,360			2,923,318			(4,264,609		)	26,932,632
Income (loss) from operations	1,530,593			(1,336,977		)	37,760			—			231,376
Other income (expense):
Equity in earnings of subsidiaries	(1,302,931		)	28,696			—			1,274,235			—
Change in fair value of catalyst leases	—			5,587			—			—			5,587
Interest expense, net	(124,339		)	(1,725		)	(1,065		)	—			(127,129		)
Other non-service components of net periodic benefit cost	(379		)	1,488			—			—			1,109
Income (loss) before income taxes	102,944			(1,302,931		)	36,695			1,274,235			110,943
Income tax expense	—			—			7,999			—			7,999
Net income (loss)	102,944			(1,302,931		)	28,696			1,274,235			102,944
Less: net income attributable to noncontrolling interests	44			44			—			(44		)	44
Net income (loss) attributable to PBF Holding Company LLC	$	102,900		$	(1,302,975	)	$	28,696		$	1,274,279		$	102,900
Comprehensive income (loss) attributable to PBF Holding Company LLC	$	105,883		$	(1,302,975	)	$	28,696		$	1,274,279		$	105,883

20. CONSOLIDATING FINANCIAL STATEMENTS OF PBF HOLDING CONSOLIDATING STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME

	Year Ended December 31, 2017
	Issuer			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Combining and Consolidating Adjustments			Total
Revenues	$	21,489,767		$	1,488,687		$	2,376,654		$	(3,582,630	)	$	21,772,478
Cost and expenses:
Cost of products and other	19,354,399			962,929			2,361,129			(3,582,630		)	19,095,827
Operating expenses (excluding depreciation and amortization expense as reflected below)	(42		)	1,594,937			31,545			—			1,626,440
Depreciation and amortization expense	—			246,662			7,609			—			254,271
Cost of sales	19,354,357			2,804,528			2,400,283			(3,582,630		)	20,976,538
General and administrative expenses (excluding depreciation and amortization expense as reflected below)	170,211			28,258			(531		)	—			197,938
Depreciation and amortization expense	12,964			—			—			—			12,964
Equity income in investee	—			—			(14,565		)	—			(14,565		)
Loss on sale of asset	—			1,458			—			—			1,458
Total cost and expenses	19,537,532			2,834,244			2,385,187			(3,582,630		)	21,174,333
Income (loss) from operations	1,952,235			(1,345,557		)	(8,533		)	—			598,145
Other income (expense)
Equity in earnings of subsidiaries	(1,349,208		)	1,273			—			1,347,935			—
Change in fair value of catalyst leases	—			(2,247		)	—			—			(2,247		)
Debt extinguishment costs	(25,451		)	—			—			—			(25,451		)
Interest expense, net	(120,150		)	(1,501		)	(977		)	—			(122,628		)
Other non-service components of net periodic benefit cost	(226		)	(1,176		)	—			—			(1,402		)
Income (loss) before income taxes	457,200			(1,349,208		)	(9,510		)	1,347,935			446,417
Income tax benefit	—			—			(10,783		)	—			(10,783		)
Net income (loss)	457,200			(1,349,208		)	1,273			1,347,935			457,200
Less: net income attributable to noncontrolling interests	95			95			—			(95		)	95
Net income (loss) attributable to PBF Holding Company LLC	$	457,105		$	(1,349,303	)	$	1,273		$	1,348,030		$	457,105
Comprehensive income (loss) attributable to PBF Holding Company LLC	$	456,139		$	(1,349,303	)	$	1,273		$	1,348,030		$	456,139

20. CONSOLIDATING FINANCIAL STATEMENTS OF PBF HOLDING CONSOLIDATING STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME

	Year Ended December 31, 2016
	Issuer			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Combining and Consolidating Adjustments			Total
Revenues	$	15,808,556		$	800,647		$	1,524,691		$	(2,225,357	)	$	15,908,537
Cost and expenses
Cost of products and other	13,813,293			649,242			1,527,910			(2,225,357		)	13,765,088
Operating expenses (excluding depreciation and amortization expense as reflected below)	41			1,356,125			33,969			—			1,390,135
Depreciation and amortization expense	—			194,702			9,303			—			204,005
Cost of sales	13,813,334			2,200,069			1,571,182			(2,225,357		)	15,359,228
General and administrative expenses (excluding depreciation and amortization expense as reflected below)	123,017			27,602			(1,109		)	—			149,510
Depreciation and amortization expense	5,835			—			—			—			5,835
Equity income in investee	—			—			(5,679		)	—			(5,679		)
Loss on sale of assets	2,392			150			8,832			—			11,374
Total cost and expenses	13,944,578			2,227,821			1,573,226			(2,225,357		)	15,520,268
Income (loss) from operations	1,863,978			(1,427,174		)	(48,535		)	—			388,269
Other income (expense):
Equity in earnings of subsidiaries	(1,502,243		)	(74,507		)	—			1,576,750			—
Change in fair value of catalyst leases	—			1,422			—			—			1,422
Interest expense, net	(125,715		)	(1,538		)	(2,283		)	—			(129,536		)
Other non-service components of net periodic benefit cost	(133		)	(447		)	—			—			(580		)
Income (loss) before income taxes	235,887			(1,502,244		)	(50,818		)	1,576,750			259,575
Income tax expense	—			—			23,689			—			23,689
Net income (loss)	235,887			(1,502,244		)	(74,507		)	1,576,750			235,886
Less: net income attributable to noncontrolling interests	269			269			—			(269		)	269
Net income (loss) attributable to PBF Holding Company LLC	$	235,618		$	(1,502,513	)	$	(74,507	)	$	1,577,019		$	235,617
Comprehensive income (loss) attributable to PBF Holding Company LLC	$	233,026		$	(1,502,513	)	$	(74,507	)	$	1,577,019		$	233,025

Condensed Consolidating Statement of Cash Flow

	Year Ended December 31, 2018
	Issuer			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Combining and Consolidating Adjustments			Total
Cash flows from operating activities:
Net income (loss)	$	102,944		$	(1,302,931	)	$	28,696		$	1,274,235		$	102,944
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization	16,852			322,051			7,784			—			346,687
Stock-based compensation	173			20,039			—			—			20,212
Change in fair value of catalyst leases	—			(5,587		)	—			—			(5,587		)
Deferred income taxes	—			—			7,233			—			7,233
Non-cash change in inventory repurchase obligations	(31,790		)	—			—			—			(31,790		)
Non-cash lower of cost or market inventory adjustment	351,278			—			—			—			351,278
Pension and other post-retirement benefit costs	7,771			39,610			—			—			47,381
Income from equity method investee	—			—			(17,819		)	—			(17,819		)
Distributions from equity method investee	—			—			17,819			—			17,819
Gain on sale of assets	—			(43,094		)	—			—			(43,094		)
Equity in earnings (loss) of subsidiaries	1,302,931			(28,696		)	—			(1,274,235		)	—
Changes in operating assets and liabilities:
Accounts receivable	213,200			350			26,883			—			240,433
Due to/from affiliates	(1,608,556		)	1,483,875			121,169			—			(3,512		)
Inventories	(54,285		)	—			52,748			—			(1,537		)
Prepaid and other current assets	(129		)	(2,905		)	117			—			(2,917		)
Accounts payable	(135,623		)	30,974			(6,066		)				(110,715		)
Accrued expenses	(43,147		)	20,563			(210,411		)	—			(232,995		)
Deferred revenue	9,594			50			(13		)	—			9,631
Other assets and liabilities	32,685			(10,217		)	(21,149		)	—			1,319
Net cash provided by operating activities	$	163,898		$	524,082		$	6,991		$	—		$	694,971
Cash flows from investing activities:
Expenditures for property, plant and equipment	(6,172		)	(268,914		)	(2,172		)	—			(277,258		)
Expenditures for deferred turnaround costs	—			(266,028		)	—			—			(266,028		)
Expenditures for other assets	—			(17,055		)	—			—			(17,055		)
Proceeds from sale of assets	—			48,290			—			—			48,290
Equity method investment - return of capital	—			—			2,431			—			2,431
Due to/from affiliates	(31		)	—			—			31			—
Net cash (used in) provided by investing activities	$	(6,203	)	$	(503,707	)	$	259		$	31		$	(509,620	)

20. CONSOLIDATING FINANCIAL STATEMENTS OF PBF HOLDING CONSOLIDATING STATEMENTS OF CASH FLOWS (Continued)

Cash flows from financing activities:
Contributions from PBF LLC	$	287,000		$	—		$	—		$	—		$	287,000
Distributions to members	(42,533		)	(10,054		)	—			—			(52,587		)
Repayments of revolver borrowings	(350,000		)	—			—			—			(350,000		)
Repayments of PBF Rail Term Loan	—			—			(6,812		)	—			(6,812		)
Repayments of note payable	—			(5,621		)	—			—			(5,621		)
Catalyst lease settlements	—			(9,108		)	—			—			(9,108		)
Due to/from affiliates	—			31			—			(31		)	—
Deferred financing costs and other	(12,692		)	—			—			—			(12,692		)
Net cash used in financing activities	$	(118,225	)	$	(24,752	)	$	(6,812	)	$	(31	)	$	(149,820	)
Net increase (decrease) in cash and cash equivalents	39,470			(4,377		)	438			—			35,531
Cash and cash equivalents, beginning of period	486,568			13,456			26,136			—			526,160
Cash and cash equivalents, end of period	$	526,038		$	9,079		$	26,574		$	—		$	561,691

20. CONSOLIDATING FINANCIAL STATEMENTS OF PBF HOLDING CONSOLIDATING STATEMENTS OF CASH FLOWS

	Year Ended December 31, 2017
	Issuer			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Combining and Consolidating Adjustments			Total
Cash flows from operating activities:
Net income (loss)	$	457,200		$	(1,349,208	)	$	1,273		$	1,347,935		$	457,200
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities:
Depreciation and amortization	19,971			246,984			7,696			—			274,651
Stock-based compensation	—			21,503			—			—			21,503
Change in fair value of catalyst leases	—			2,247			—			—			2,247
Deferred income taxes	—			—			(12,526		)	—			(12,526		)
Non-cash change in inventory repurchase obligations	13,779			—			—			—			13,779
Non-cash lower of cost or market inventory adjustment	(295,532		)	—			—			—			(295,532		)
Debt extinguishment costs	25,451			—			—			—			25,451
Distribution received from subsidiaries	—			7,200			—			(7,200		)	—
Pension and other post-retirement benefit costs	6,607			35,635			—			—			42,242
Equity in earnings (loss) of subsidiaries	1,349,208			(1,273		)	—			(1,347,935		)	—
Income from equity method investee	—			—			(14,565		)	—			(14,565		)
Distributions from equity method investee	—			—			20,244			—			20,244
Loss on sale of assets	—			1,458			—			—			1,458
Changes in operating assets and liabilities:
Accounts receivable	(304,151		)	394			(31,491		)	—			(335,248		)
Due to/from affiliates	(1,696,091		)	1,709,868			(10,544		)	—			3,233
Inventories	(6,725		)	—			(47,980		)	—			(54,705		)
Prepaid expense and other current assets	6,922			(14,373		)	(1,740		)	—			(9,191		)
Accounts payable	53,569			(28,168		)	7,663			1,463			34,527
Accrued expenses	288,434			(38,022		)	102,703			—			353,115
Deferred revenue	(4,896		)	34			17			—			(4,845		)
Other assets and liabilities	(11,740		)	(19,098		)	(21,136		)	—			(51,974		)
Net cash (used in) provided by operating activities	$	(97,994	)	$	575,181		$	(386	)	$	(5,737	)	$	471,064
Cash flows from investing activities:
Expenditures for property, plant and equipment	(1,884		)	(230,261		)	(511		)	—			(232,656		)
Expenditures for deferred turnaround costs	—			(379,114		)	—			—			(379,114		)
Expenditures for other assets	—			(31,143		)	—			—			(31,143		)
Equity method investment - return of capital	—			—			1,300			—			1,300
Due to/from affiliates	(856		)	—			—			856			—
Net cash (used in) provided by investing activities	$	(2,740	)	$	(640,518	)	$	789		$	856		$	(641,613	)

20. CONSOLIDATING FINANCIAL STATEMENTS OF PBF HOLDING CONSOLIDATING STATEMENTS OF CASH FLOWS (Continued)

Cash flows from financing activities:
Contributions from PBF LLC	$	97,000		$	—		$	—		$	—		$	97,000
Distributions to members	(61,149		)	—			—			—			(61,149		)
Distributions to T&M and Collins shareholders	—			—			(9,000		)	7,200			(1,800		)
Payment received for affiliate note receivable	—			11,600			—			—			11,600
Proceeds from 2025 Senior Notes	725,000			—			—			—			725,000
Cash paid to extinguish 2020 Senior Notes	(690,209		)	—			—			—			(690,209		)
Proceeds from revolver borrowings	490,000			—			—			—			490,000
Repayments of revolver borrowings	(490,000		)	—			—			—			(490,000		)
Repayments of PBF Rail Term Loan	—			—			(6,633		)	—			(6,633		)
Repayments of note payable	—			(1,210		)	—			—			(1,210		)
Catalyst lease settlements	—			10,830			—			—			10,830
Due to/from affiliates	—			856			—			(856		)	—
Deferred financing costs and other	(13,425		)	—			—			—			(13,425		)
Net cash provided by (used in) financing activities	$	57,217		$	22,076		$	(15,633	)	$	6,344		$	70,004
Net (decrease) increase in cash and cash equivalents	(43,517		)	(43,261		)	(15,230		)	1,463			(100,545		)
Cash and cash equivalents, beginning of period	530,085			56,717			41,366			(1,463		)	626,705
Cash and cash equivalents, end of period	$	486,568		$	13,456		$	26,136		$	—		$	526,160

20. CONSOLIDATING FINANCIAL STATEMENTS OF PBF HOLDING CONSOLIDATING STATEMENTS OF CASH FLOWS

	Year Ended December 31, 2016
	Issuer			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Combining and Consolidating Adjustments			Total
Cash flows from operating activities:
Net income (loss)	$	235,887		$	(1,502,244	)	$	(74,507	)	$	1,576,750		$	235,886
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities:
Depreciation and amortization	14,873			194,723			9,337			—			218,933
Stock-based compensation	—			18,296			—			—			18,296
Change in fair value of catalyst leases	—			(1,422		)	—			—			(1,422		)
Deferred income taxes	—			—			19,802			—			19,802
Non-cash change in inventory repurchase obligations	29,453			—			—			—			29,453
Non-cash lower of cost or market inventory adjustment	(521,348		)	—			—			—			(521,348		)
Pension and other post-retirement benefit costs	7,139			30,848			—			—			37,987
Income from equity method investee	—			—			(5,679		)	—			(5,679		)
Loss on sale of assets	2,392			150			8,832			—			11,374
Equity in earnings of subsidiaries	1,502,243			74,507			—			(1,576,750		)	—
Changes in operating assets and liabilities:
Accounts receivable	(168,338		)	3,058			4,158			—			(161,122		)
Due to/from affiliates	(2,031,933		)	2,046,280			(4,626		)	—			9,721
Inventories	217,629			—			18,973			—			236,602
Prepaid and other current assets	(3,200		)	(2,675		)	92			—			(5,783		)
Accounts payable	163,272			41,025			7,405			1,812			213,514
Accrued expenses	531,613			(353,591		)	49,964			—			227,986
Deferred revenue	6,858			1,438			1			—			8,297
Other assets and liabilities	(5,833		)	(16,238		)	1,193			—			(20,878		)
Net cash (used in) provided by operating activities	$	(19,293	)	$	534,155		$	34,945		$	1,812		$	551,619
Cash flows from investing activities:
Acquisition of Torrance refinery and related logistics assets	(971,932		)	—			—			—			(971,932		)
Chalmette Acquisition working capital settlement	—			(2,659		)	—			—			(2,659		)
Expenditures for property, plant and equipment	(21,563		)	(255,434		)	(5,433		)	—			(282,430		)
Expenditures for deferred turnaround costs	—			(198,664		)	—			—			(198,664		)
Expenditures for other assets	—			(42,506		)	—			—			(42,506		)
Investment in subsidiaries	12,800			—			—			(12,800		)	—
Capital contributions to subsidiaries	(8,287		)	—			—			8,287			—
Proceeds from sale of assets	4,802			—			19,890			—			24,692
Net cash (used in) provided by investing activities	$	(984,180	)	$	(499,263	)	$	14,457		$	(4,513	)	$	(1,473,499	)

20. CONSOLIDATING FINANCIAL STATEMENTS OF PBF HOLDING CONSOLIDATING STATEMENTS OF CASH FLOWS (Continued)

Cash flows from financing activities:
Proceeds from member’s capital contributions	$	—		$	—	$	8,287		$	(8,287	)	$	—
Contributions from PBF LLC	450,300			—		—			—			450,300
Distribution to parent	—			—		(12,800		)	12,800			—
Distributions to members	(139,434		)	—		—			—			(139,434		)
Proceeds from affiliate notes payable	43,396			—		—			—			43,396
Repayments of affiliate notes payable	(53,524		)	—		—			—			(53,524		)
Proceeds from revolver borrowings	550,000			—		—			—			550,000
Repayments of revolver borrowings	(200,000		)	—		—			—			(200,000		)
Repayments of Rail Facility revolver borrowings	—			—		(67,491		)	—			(67,491		)
Proceeds from PBF Rail Term Loan	—			—		35,000			—			35,000
Catalyst lease settlements	—			15,589		—			—			15,589
Net cash provided by (used in) financing activities	$	650,738		$	15,589	$	(37,004	)	$	4,513		$	633,836
Net (decrease) increase in cash and cash equivalents	(352,735		)	50,481		12,398			1,812			(288,044		)
Cash and cash equivalents, beginning of period	882,820			6,236		28,968			(3,275		)	914,749
Cash and cash equivalents, end of period	$	530,085		$	56,717	$	41,366		$	(1,463	)	$	626,705