PBF ENERGY INC. PBF Income Statement

Pbf energy inc. (PBF)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Jun'12	Mar'12
Income Statement [Abstract]
Revenues
24,569	24,508	24,499	25,715	26,599	27,186	27,429	25,261	22,834	21,786	19,999	19,033	17,874	15,920	14,532	13,236	12,928	13,123	14,283	16,325	18,076	19,828	20,124	19,723	19,100	19,151	0	0	0	0	0
Cost and expenses:
Cost of products and other
23,141	21,387	21,967	23,083	23,580	24,503	24,109	21,645	19,798	18,863	0	0	0	-	12,686	11,646	11,391	11,481	13,036	14,885	16,825	18,471	18,162	18,155	17,515	17,803	0	0	0	0	0
Operating expenses (excluding depreciation and amortization expense as reflected below)
1,835	1,782	1,801	1,789	1,773	1,721	1,685	1,664	1,659	1,684	1,700	1,710	1,574	1,422	1,257	1,049	967	904	836	835	851	883	893	883	875	812	0	0	0	0	0
Depreciation and amortization expense
439	425	410	393	378	359	343	329	302	278	252	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of sales
25,415	23,595	24,179	25,266	25,733	26,583	26,139	23,639	21,760	20,826	18,949	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
General and administrative expenses (excluding depreciation and amortization expense as reflected below)
308	284	261	266	271	277	262	251	233	214	184	170	172	166	179	186	182	181	169	152	146	146	119	116	102	95	0	0	0	0	0
Depreciation and amortization expense
10	10	10	11	10	10	10	10	13	13	-92	-93	-48	5	-26	20	17	9	188	208	194	180	165	125	118	111	0	0	0	0	0
Change in fair value of contingent consideration
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property
-	-	31	43	-	43	42	-1	-0	-1	-0	-9	-12	-11	-11	-3	0	1	1	1	1	0	0	0	0	0	0	0	0	0	0
Total cost and expenses
25,651	23,859	24,419	25,501	25,972	26,828	26,370	23,901	22,008	21,055	19,381	18,873	17,369	15,420	14,351	13,093	12,746	12,763	14,229	16,079	18,016	19,680	19,341	19,280	18,611	18,823	0	0	0	0	0
Income (loss) from operations
-1,082	649	79	214	627	358	1,058	1,359	826	731	617	159	505	499	180	143	182	360	53	245	59	147	783	443	488	328	0	0	0	0	0
Other income (expense):
Interest expense, net
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in Tax Receivable Agreement liability
0	-	0	-	0	-	0	-	-	-	0	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Other Income and Expenses [Abstract]
Change in fair value of catalyst obligations
-5	9	6	1	-2	-5	-4	-3	-0	2	-4	-4	-1	-1	3	-1	-5	-10	-11	-12	-8	-3	-2	5	-4	-4	0	0	0	0	0
Debt extinguishment costs
0	-	-	-	0	-	-	-	-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest expense, net
-	-	162	164	-	169	168	163	160	154	152	154	149	150	141	130	121	106	100	96	95	98	100	101	97	93	0	0	0	0	0
Other non-service components of net periodic benefit cost
0	-0	0	0	0	1	-0	-0	-0	-1	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (loss) before income taxes
-1,279	479	-82	62	477	208	1,152	1,450	890	799	459	-3	369	363	53	32	84	282	-33	164	-24	55	677	327	386	230	0	0	0	0	0
Income tax (benefit) expense
-350	104	-42	-3	103	33	370	513	345	315	164	-7	141	137	21	1	15	86	-29	53	-22	-22	175	61	58	16	0	0	0	0	0
Net income (loss)
-928	375	-40	65	374	175	782	937	545	483	294	4	228	225	32	31	69	195	-3	110	-1	78	501	266	327	214	0	0	0	0	0
Less: net income attributable to noncontrolling interests
0	-	0	0	0	-	0	0	0	-	0	0	0	-	35	33	39	49	7	24	26	116	230	156	222	174	0	0	0	0	0
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest
-	-	-	42	-	-	-	78	68	67	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss) attributable to PBF Energy Inc. stockholders
-975	319	-87	22	327	128	724	858	477	415	228	-44	169	170	-3	-2	29	146	-11	86	-28	-38	270	109	105	39	0	0	0	-	-
Weighted-average shares of Class A common stock outstanding
Basic (in shares)
119	-	119	119	119	-	117	112	110	-	109	108	108	-	97	97	97	96	85	86	84	83	87	72	54	39	39	26	23	-	-
Diluted (in shares)
119	-	121	119	122	-	120	116	115	-	113	108	108	-	103	103	97	101	91	91	91	72	97	73	54	-32	39	27	97	-	-
Net income (loss) available to Class A common stock per share:
Basic (in dollars per share)
-8.93	-	0.58	-0.27	1.91	-	1.53	2.41	0.27	-	2.86	-1.01	-0.29	-	0.43	1.06	-0.30	-1.46	0.50	1.58	1.04	-3.84	1.61	0.29	1.43	0.62	-0.50	0.62	0.48	-	-
Diluted (in dollars per share)
-8.93	-	0.57	-0.27	1.89	-	1.50	2.37	0.27	-	2.85	-1.01	-0.29	-	0.43	1.06	-0.30	-1.41	0.49	1.57	1.00	-3.82	1.60	0.29	1.42	0.61	-0.50	0.61	0.48	-	-
Dividends per common share (in dollars per share)
-	-	-	-	-	-	-	-	-	-	0.30	0.30	0.30	-	0.30	0.30	0.30	0.30	0.30	0.30	0.30	0.30	0.30	0.30	0.30	0.30	0.30	0.30	0.30	-	-
PBF LLC [Member]
Revenues
24,569	24,508	24,499	25,715	26,599	27,186	27,429	25,261	22,834	21,786	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of products and other
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating expenses (excluding depreciation and amortization expense as reflected below)
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of products and other
-	-	21,967	23,083	-	24,503	0	21,645	19,798	18,863	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating Expenses
-	-	1,801	1,789	-	1,721	0	1,664	1,659	1,684	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization expense
439	425	410	393	378	359	0	329	302	278	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of sales
25,415	23,595	24,179	25,266	25,733	26,583	0	23,639	21,760	20,826	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
General and administrative expenses (excluding depreciation and amortization expense as reflected below)
307	282	259	264	269	275	0	250	233	214	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization expense
10	10	10	11	10	10	0	10	13	13	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in fair value of contingent consideration
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property
-	-	31	43	-	43	0	-1	-0	-1	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total cost and expenses
25,650	23,857	24,417	25,499	25,970	26,826	0	23,901	22,007	21,054	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (loss) from operations
-1,081	650	81	216	628	359	0	1,360	826	731	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest expense, net
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in fair value of catalyst obligations
-5	9	6	1	-2	-5	0	-3	-0	2	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Debt extinguishment costs
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Debt extinguishment costs
-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest expense, net
-	-	171	173	-	178	0	170	167	162	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other non-service components of net periodic benefit cost
0	-0	0	0	0	1	0	-0	-0	-1	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (loss) before income taxes
-1,276	471	-96	41	457	188	0	1,192	632	540	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income tax (benefit) expense
13	-8	6	7	1	8	0	-21	-11	-10	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss)
-1,289	480	-102	34	455	180	0	1,214	644	551	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest
-	-	-	0	-	-	-	45	48	51	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss) attributable to PBF Energy Inc. stockholders
-1,350	428	-150	-8	414	137	0	1,168	596	500	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-