XML 35 R3.htm IDEA: XBRL DOCUMENT v3.19.3
Condensed Consolidated Statements of Operations - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Income Statement [Abstract]        
Revenues $ 6,422.1 $ 7,642.4 $ 18,182.7 $ 20,882.5
Cost and expenses:        
Cost of products and other 5,774.5 6,876.6 16,076.1 18,578.4
Operating expenses (excluding depreciation and amortization expense as reflected below) 411.8 409.7 1,274.9 1,223.8
Depreciation and amortization expense 98.7 83.4 288.3 243.0
Cost of sales 6,285.0 7,369.7 17,639.3 20,045.2
General and administrative expenses (excluding depreciation and amortization expense as reflected below) 59.8 64.8 157.6 174.9
Depreciation and amortization expense 2.1 2.6 7.8 7.9
Equity income in investee 0.0 (4.7) (7.9) (13.1)
Gain on sale of assets (32.6) (43.8) (31.8) (43.1)
Total cost and expenses 6,314.3 7,388.6 17,765.0 20,171.8
Income from operations 107.8 253.8 417.7 710.7
Other income (expense):        
Change in fair value of catalyst leases (3.8) 1.7 (6.4) 5.8
Interest expense, net (26.4) (31.9) (83.4) (98.2)
Other non-service components of net periodic benefit cost (0.1) 0.3 (0.2) 0.8
Income before income taxes 77.5 223.9 327.7 619.1
Income tax benefit (2.0) (0.8) (7.4) (5.5)
Net income 79.5 224.7 335.1 624.6
Less: net income attributable to noncontrolling interests 0.0 0.0 0.1 0.0
Net income attributable to PBF Holding Company LLC $ 79.5 $ 224.7 $ 335.0 $ 624.6