PBF Holding 10-Q 7 Nov 17 2017 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information Document - shares	9 Months Ended
	Sep. 30, 2017	Nov. 07, 2017
Entity Information [Line Items]
Entity Registrant Name	PBF HOLDING CO LLC
Entity Central Index Key	1,566,011
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2017
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2,017
Current Fiscal Year End Date	--12-31
Entity Filer Category	Non-accelerated Filer
Entity Current Reporting Status	Yes
Entity Common Stock, Shares Outstanding		0
PBF Finance Corporation [Member]
Entity Information [Line Items]
Entity Registrant Name	PBF FINANCE CORPORATION
Entity Central Index Key	1,566,097
Entity Common Stock, Shares Outstanding		100

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016	Sep. 30, 2017	Sep. 30, 2016	Dec. 31, 2015
Current assets:
Cash and cash equivalents			$ 626,705	$ 241,745	$ 519,375	$ 914,749
Accounts receivable			615,881	774,907
Accounts receivable - affiliate			7,631	19,938
Accounts receivable - affiliate			0	11,600
Inventories			1,863,560	2,310,692
Prepaid expense and other current assets			40,536	44,439
Total current assets			3,154,313	3,403,321
Property, plant and equipment, net			2,728,699	2,805,149
Investment in equity method investee			179,882	172,752
Deferred charges and other assets, net			504,003	801,415
Total assets			6,566,897	7,182,637
Current liabilities:
Accounts payable			530,365	441,483
Accounts payable - affiliate			37,863	36,045
Accrued expenses			1,462,729	1,809,571
Deferred revenue			12,340	3,296
Notes Payable, Current			0	6,831
Total current liabilities			2,043,297	2,297,226
Long-term debt			1,576,559	1,625,201
Affiliate notes payable			86,298	0
Forgiveness of related party debt	$ 86,298	$ 0	379,947
Deferred tax liabilities			45,699	46,340
Other long-term liabilities			226,111	213,344
Total liabilities			3,977,964	4,182,111
Commitments and contingencies (Note 9)
Equity:
Member’s equity			2,155,863	2,352,772
Retained earnings			446,519	659,891
Accumulated other comprehensive loss			(25,962)	(25,024)
Total PBF Holding Company LLC equity			2,576,420	2,987,639
Noncontrolling interest			12,513	12,887
Total equity			2,588,933	3,000,526
Total liabilities and equity			$ 6,566,897	$ 7,182,637

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Revenues	$ 5,475,816	$ 4,508,613	$ 15,239,265	$ 11,164,571
Cost and expenses:
Cost of products and other	4,411,809	3,904,258	13,326,396	9,634,989
Operating expenses (excluding depreciation and amortization expense as reflected below)	389,591	404,045	1,225,014	972,223
Depreciation and amortization expense	70,338	51,336	181,238	151,473
Cost of sales	4,871,738	4,359,639	14,732,648	10,758,685
General and administrative expenses (excluding depreciation and amortization expense as reflected below)	54,693	39,912	130,092	111,272
Depreciation and amortization expense	2,572	1,342	10,355	4,417
Equity income in investee	(3,799)	(1,621)	(11,218)	(1,621)
Loss on sale of assets	28	8,159	940	11,381
Total cost and expenses	4,925,232	4,407,431	14,862,817	10,884,134
Income from operations	550,584	101,182	376,448	280,437
Other income (expenses):
Change in fair value of catalyst leases	473	77	(1,011)	(4,556)
Debt extinguishment costs	0	0	(25,451)	0
Interest expense, net	(29,269)	(33,896)	(92,782)	(98,446)
Income before income taxes	521,788	67,363	257,204	177,435
Income tax (benefit) expense	(4,292)	2,291	2,040	29,287
Net income	526,080	65,072	255,164	148,148
Less: net (loss) income attributable to noncontrolling interests	(6)	45	374	438
Net income attributable to PBF Holding Company LLC	$ 526,086	$ 65,027	$ 254,790	$ 147,710

Condensed Consolidated Stateme4

Condensed Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Net income	$ 526,080	$ 65,072	$ 255,164	$ 148,148
Other comprehensive income:
Unrealized (loss) gain on available for sale securities	(1)	(76)	76	329
Net gain on pension and other post-retirement benefits	288	502	862	1,134
Total other comprehensive income	287	426	938	1,463
Comprehensive income	526,367	65,498	256,102	149,611
Less: comprehensive (loss) income attributable to noncontrolling interests	(6)	45	374	438
Comprehensive income attributable to PBF Holding Company LLC	$ 526,373	$ 65,453	$ 255,728	$ 149,173

Condensed Consolidated Stateme5

Condensed Consolidated Statement of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Net income	$ 255,164	$ 148,148
Adjustments to reconcile net income to net cash provided by operations:
Depreciation and amortization	197,365	162,565
Stock-based compensation	13,549	12,658
Change in fair value of catalyst leases	1,011	4,556
Deferred income taxes	641	27,813
Non-cash lower of cost or market inventory adjustment	(97,943)	(320,833)
Non-cash change in inventory repurchase obligations	(26,659)	29,317
Debt extinguishment costs	25,451	0
Pension and other post-retirement benefit costs	31,682	25,894
(Income) from equity method investee	11,218	1,621
Distributions from equity method investee	16,897	0
Loss on sale of assets	940	11,381
Changes in operating assets and liabilities:
Accounts receivable	(159,026)	(194,898)
Due to/from affiliates	(2,318)	8,194
Inventories	(349,189)	54,052
Prepaid expense and other current assets	(4,107)	(20,203)
Accounts payable	(103,069)	50,297
Accrued expenses	401,674	308,047
Deferred revenue	(9,044)	8,029
Other assets and liabilities	(57,387)	(21,880)
Net cash provided by operations	124,414	291,516
Cash flows from investing activities:
Acquisition of Torrance refinery and related logistics assets	0	(971,932)
Expenditures for property, plant and equipment	(211,224)	(187,743)
Expenditures for deferred turnaround costs	(341,598)	(138,936)
Expenditures for other assets	(31,096)	(27,735)
Chalmette Acquisition working capital settlement	0	2,659
Proceeds from sale of assets	0	13,030
Equity method investment - return of capital	451	0
Net cash used in investing activities	(583,467)	(1,315,975)
Cash flows from financing activities:
Contributions from PBF LLC	97,000	175,000
Distributions to members	(39,315)	(92,503)
Proceeds from affiliate notes payable	0	635
Repayment of affiliate notes payable	0	(517)
Repayments of Lines of Credit	490,000	0
Proceeds from revolver borrowings	490,000	550,000
Proceeds from catalyst lease	0	7,927
Deferred financing costs and other	13,424	0
Net cash provided by (used in) financing activities	74,093	629,085
Cash and equivalents, beginning of period	626,705	914,749
Cash and equivalents, end of period	241,745	519,375
Non-cash activities:
Accrued and unpaid capital expenditures	6,831	0
2025 Senior Notes [Member]
Cash flows from financing activities:
Proceeds from 2025 7.25% Senior Notes	725,000	0
Rail Term Loan [Member]
Cash flows from financing activities:
Repayments of Long-term Debt	4,959	0
2020 Senior Secured Notes [Member]
Cash flows from financing activities:
Repayments of Long-term Debt	690,209	0
Rail Facility [Member]
Cash flows from financing activities:
Repayments of Lines of Credit	$ 0	$ 11,457

DESCRIPTION OF THE BUSINESS AND

DESCRIPTION OF THE BUSINESS AND BASIS OF PRESENTATION	9 Months Ended
	Sep. 30, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
DESCRIPTION OF THE BUSINESS AND BASIS OF PRESENTATION	DESCRIPTION OF THE BUSINESS AND BASIS OF PRESENTATION Description of the Business PBF Holding Company LLC (“PBF Holding” or the “Company”), a Delaware limited liability company, together with its consolidated subsidiaries, owns and operates oil refineries and related facilities in North America. PBF Holding is a wholly-owned subsidiary of PBF Energy Company LLC (“PBF LLC”). PBF Energy Inc. (“PBF Energy”) is the sole managing member of, and owner of an equity interest representing approximately 96.6% of the outstanding economic interest in, PBF LLC as of September 30, 2017 . PBF Investments LLC (“PBF Investments”), Toledo Refining Company LLC (“Toledo Refining” or “TRC”), Paulsboro Refining Company LLC (“Paulsboro Refining” or “PRC”), Delaware City Refining Company LLC (“Delaware City Refining” or “DCR”), Chalmette Refining, L.L.C. (“Chalmette Refining”), PBF Western Region LLC (“PBF Western Region”), Torrance Refining Company LLC (“Torrance Refining”) and Torrance Logistics Company LLC are PBF LLC’s principal operating subsidiaries and are all wholly-owned subsidiaries of PBF Holding. Collectively, PBF Holding and its consolidated subsidiaries are referred to hereinafter as the “Company”. On May 14, 2014, PBF Logistics LP (“PBFX”), a Delaware master limited partnership, completed its initial public offering (the “PBFX Offering”). PBF Logistics GP LLC (“PBF GP”) serves as the general partner of PBFX. PBF GP is wholly-owned by PBF LLC. In connection with the PBFX Offering, PBF Holding contributed to PBFX the assets and liabilities of certain crude oil terminaling assets. In a series of additional transactions subsequent to the PBFX Offering, PBF Holding distributed certain additional assets to PBF LLC, which in turn contributed those assets to PBFX (as described in “Note 8 - Related Party Transactions”). Substantially all of the Company’s operations are in the United States. As of September 30, 2017 , the Company’s oil refineries are all engaged in the refining of crude oil and other feedstocks into petroleum products, and have been aggregated to form one reportable segment. To generate earnings and cash flows from operations, the Company is primarily dependent upon processing crude oil and selling refined petroleum products at margins sufficient to cover fixed and variable costs and other expenses. Crude oil and refined petroleum products are commodities; and factors largely out of the Company’s control can cause prices to vary over time. The potential margin volatility can have a material effect on the Company’s financial position, earnings and cash flow. Basis of Presentation The unaudited condensed consolidated financial information furnished herein reflects all adjustments (consisting of normal recurring accruals) which are, in the opinion of management, considered necessary for a fair presentation of the financial position and the results of operations and cash flows of the Company for the periods presented. All intercompany accounts and transactions have been eliminated in consolidation. These unaudited condensed consolidated financial statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information. Accordingly, they do not include all of the information and notes required by GAAP for complete financial statements. These interim condensed consolidated financial statements should be read in conjunction with the financial statements included in the Annual Report on Form 10-K for the year ended December 31, 2016 of PBF Holding Company LLC and PBF Finance Corporation. The results of operations for the three and nine months ended September 30, 2017 are not necessarily indicative of the results to be expected for the full year. Change in Presentation During the third quarter of 2017, the Company determined that it would revise the presentation of certain line items on its consolidated statements of operations to enhance its disclosure under the requirements of Rule 5-03 of Regulation S-X. The revised presentation is comprised of the inclusion of a subtotal within costs and expenses referred to as “Cost of sales” and the reclassification of total depreciation and amortization expense between such amounts attributable to cost of sales and other operating costs and expenses. The amount of depreciation and amortization expense that is presented separately within the “Cost of Sales” subtotal represents depreciation and amortization of refining and logistics assets that are integral to the refinery production process. The historical comparative information has been revised to conform to the current presentation. This revised presentation does not have an effect on the Company’s historical consolidated income from operations or net income, nor does it have any impact on its consolidated balance sheets, statements of comprehensive income or statements of cash flows. Presented below is a summary of the effects of this revised presentation on the Company’s historical statements of operations for the three and nine month periods ended September 30, 2016 (in thousands): Three Months ended September 30, 2016 As Previously Reported Adjustments As Reclassified Cost and expenses: Cost of products and other $ 3,904,258 — $ 3,904,258 Operating expenses (excluding depreciation and amortization expense as reflected below) 404,045 — 404,045 Depreciation and amortization expense — 51,336 51,336 Cost of sales 4,359,639 General and administrative expenses (excluding depreciation and amortization expense as reflected below) 39,912 — 39,912 Depreciation and amortization expense 52,678 (51,336) 1,342 Equity income in investee (1,621) — (1,621) Loss on sale of assets 8,159 — 8,159 Total cost and expenses $ 4,407,431 $ 4,407,431 Nine Months ended September 30, 2016 As Previously Reported Adjustments As Reclassified Cost and expenses: Cost of products and other $ 9,634,989 — $ 9,634,989 Operating expenses (excluding depreciation and amortization expense as reflected below) 972,223 — 972,223 Depreciation and amortization expense — 151,473 151,473 Cost of sales 10,758,685 General and administrative expenses (excluding depreciation and amortization expense as reflected below) 111,272 — 111,272 Depreciation and amortization expense 155,890 (151,473) 4,417 Equity income in investee (1,621) — (1,621) Loss on sale of assets 11,381 — 11,381 Total cost and expenses $ 10,884,134 $ 10,884,134 Cost Classifications Cost of products and other consists of the cost of crude oil, other feedstocks, blendstocks and purchased refined products and the related in-bound freight and transportation costs. Operating expenses (excluding depreciation and amortization) consists of direct costs of labor, maintenance and services, utilities, property taxes, environmental compliance costs and other direct operating costs incurred in connection with our refining operations. Such expenses exclude depreciation related to refining and logistics assets that are integral to the refinery production process, which is presented separately as Depreciation and amortization expense as a component of Cost of sales on the Company’s condensed consolidated statements of operations. Reclassification Certain amounts previously reported in the Company's condensed consolidated financial statements for prior periods have been reclassified to conform to the 2017 presentation. These reclassifications, in addition to the changes in “Cost and expenses” described above, include certain details about accrued expenses in that footnote. Recently Adopted Accounting Guidance Effective January 1, 2017, the Company adopted Accounting Standard Update (“ASU”) No. 2016-06, “Derivatives and Hedging (Topic 815): Contingent Put and Call Options in Debt Instruments (a consensus of the FASB Emerging Issues Task Force)” (“ASU 2016-06”). ASU 2016-6 was issued in March 2016 by the Financial Accounting Standards Board (“FASB”) to increase consistency in practice in applying guidance on determining if an embedded derivative is clearly and closely related to the economic characteristics of the host contract, specifically for assessing whether call (put) options that can accelerate the repayment of principal on a debt instrument meet the clearly and closely related criterion. The Company’s adoption of this guidance did not materially impact its consolidated financial statements. Effective January 1, 2017, the Company adopted ASU No. 2016-09, “Compensation - Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting” (“ASU 2016-09”). ASU 2016-09 was issued by the FASB in March 2016 to simplify certain aspects of the accounting for share-based payments to employees. The guidance in ASU 2016-09 requires all income tax effects of awards to be recognized in the income statement when the awards vest or are settled rather than recording excess tax benefits or deficiencies in additional paid-in capital. The guidance in ASU 2016-09 also allows an employer to repurchase more of an employee’s shares than it could prior to its adoption for tax withholding purposes without triggering liability accounting and to make a policy election to account for forfeitures as they occur. The Company’s adoption of this guidance did not materially impact its consolidated financial statements. Effective January 1, 2017, the Company adopted ASU No. 2016-17, “Consolidation (Topic 810): Interests Held through Related Parties That Are under Common Control” (“ASU 2016-17”). ASU 2016-17 was issued by the FASB in October 2016 to amend the consolidation guidance on how a reporting entity that is the single decision maker of a variable interest entity (“VIE”) should treat indirect interests in the entity held through related parties that are under common control with the reporting entity when determining whether it is the primary beneficiary of that VIE. The amendments in this ASU do not change the characteristics of a primary beneficiary in current GAAP. The amendments in this ASU require that a reporting entity, in determining whether it satisfies the second characteristic of a primary beneficiary, include all of its direct variable interests in a VIE and, on a proportionate basis, its indirect variable interests in a VIE held through related parties, including related parties that are under common control with the reporting entity. The Company’s adoption of this guidance did not materially impact its consolidated financial statements. In January 2017, the FASB issued ASU No. 2017-01, “Business Combinations (Topic 805): Clarifying the Definition of a Business” (“ASU 2017-01”), which provides guidance to assist entities with evaluating when a set of transferred assets and activities is a business. Under ASU 2017-01, it is expected that the definition of a business will be narrowed and more consistently applied. ASU 2017-01 is effective for annual periods beginning after December 15, 2017, including interim periods within those periods. The amendments in this ASU should be applied prospectively on or after the effective date. Early adoption of ASU 2017-01 is permitted and the Company early adopted the new standard in its consolidated financial statements and related disclosures effective January 1, 2017. The Company’s adoption of this guidance did not materially impact its consolidated financial statements. Recent Accounting Pronouncements In August 2015, the FASB issued ASU No. 2015-14, “Revenue from Contracts with Customers (Topic 606): Deferral of the Effective Date” (“ASU 2015-14”), which defers the effective date of ASU 2014-09, “Revenue from Contracts with Customers” (“ASU 2014-09”) for all entities by one year. Additional ASUs have been issued in 2016 and 2017 that provide certain implementation guidance related to ASU 2014-09 (collectively, the Company refers to ASU 2014-09 and these additional ASUs as the “Updated Revenue Recognition Guidance”). The Updated Revenue Recognition Guidance will replace most existing revenue recognition guidance in GAAP when it becomes effective. Under ASU 2015-14, this guidance becomes effective for interim and annual periods beginning after December 15, 2017 and permits the use of either the retrospective or modified retrospective transition method. Under ASU 2015-14, early adoption is permitted only as of annual reporting periods beginning after December 15, 2016, including interim reporting periods within that reporting period. The Company has established a working group to assess the Updated Revenue Recognition Guidance, including its impact on the Company’s business processes, accounting systems, controls and financial statement disclosures. The Company will adopt this new standard effective January 1, 2018, using the modified retrospective application. Under that method, the cumulative effect of initially applying the standard is recognized as an adjustment to the opening balance of retained earnings, and revenues reported in the periods prior to the date of adoption are not changed. The working group is progressing through its implementation plan and continues to evaluate the impact of this new standard on the Company’s consolidated financial statements and related disclosures. Additionally, the Company has begun training the relevant staff at its corporate headquarters and refineries on the Updated Revenue Recognition Guidance, including the potential impacts on internal reporting and disclosure requirements. Although the Company’s analysis of the new standard is still in process and interpretative and industry specific guidance is still developing, based on the results to date, we have reached tentative conclusions for most contract types and do not believe revenue recognition patterns will change materially. However, it is expected that the new standard will have some impact on presentation and disclosures in its financial statements and internal controls. In February 2016, the FASB issued ASU No. 2016-02, “Leases (Topic 842)” (“ASU 2016-02”), to increase the transparency and comparability about leases among entities. The new guidance requires lessees to recognize a lease liability and a corresponding lease asset for virtually all lease contracts. It also requires additional disclosures about leasing arrangements. ASU 2016-02 is effective for interim and annual periods beginning after December 15, 2018, and requires a modified retrospective approach to adoption. Early adoption is permitted. The Company has established a working group to study and lead implementation of the new guidance in ASU 2016-02. This working group was formed during 2016 and has begun the process of compiling a central repository for all leases entered into by the Company and its subsidiaries for further analysis as the implementation project progresses. The Company will not early adopt this new guidance. The working group continues to evaluate the impact of this new standard on its consolidated financial statements and related disclosures. At this time, the Company has identified that the most significant impacts of this new guidance will be to bring nearly all leases on its balance sheet with “right of use assets” and “lease obligation liabilities” as well as accelerating the interest expense component of financing leases. While the assessment of the impacts arising from this standard is progressing, it remains in its early stages. Accordingly, the Company has not fully determined the impacts on its business processes, controls or financial statement disclosures. In March 2017, the FASB issued ASU No. 2017-07, “Compensation—Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost” (“ASU 2017-07”), which provides guidance to improve the reporting of net benefit cost in the income statement and on the components eligible for capitalization in assets. Under the new guidance, employers will present the service cost component of net periodic benefit cost in the same income statement line item(s) as other employee compensation costs arising from services rendered during the period. Only the service cost component will be eligible for capitalization in assets. Additionally, under this guidance, employers will present the other components of the net periodic benefit cost separately from the line item(s) that includes the service cost and outside of any subtotal of operating income, if one is presented. These components will not be eligible for capitalization in assets. Employers will apply the guidance on the presentation of the components of net periodic benefit cost in the income statement retrospectively. The guidance limiting the capitalization of net periodic benefit cost in assets to the service cost component will be applied prospectively. The guidance includes a practical expedient allowing entities to estimate amounts for comparative periods using the information previously disclosed in their pension and other postretirement benefit plan note to the financial statements. The amendments in this ASU are effective for annual periods beginning after December 15, 2017, including interim periods within those annual periods. The Company does not expect the adoption of this new standard to have a material impact on its consolidated financial statements and related disclosures. In May 2017, the FASB issued ASU No. 2017-09, “Compensation—Stock Compensation (Topic 718): Scope of Modification Accounting” (“ASU 2017-09”), which provides guidance to increase clarity and reduce both diversity in practice and cost and complexity when applying the existing accounting guidance on changes to the terms or conditions of a share-based payment award. The amendments in ASU 2017-09 require an entity to account for the effects of a modification unless all the following are met: (i) the fair value of the modified award is the same as the fair value of the original award immediately before the original award is modified; (ii) the vesting conditions of the modified award are the same as the vesting conditions of the original award immediately before the original award is modified; and (iii) the classification of the modified award as an equity instrument or a liability instrument is the same as the classification of the original award immediately before the original award is modified. The guidance in ASU 2017-09 should be applied prospectively. The amendments in this ASU are effective for annual periods beginning after December 15, 2017, including interim periods within those annual periods. The Company will apply the guidance prospectively for any modifications to its stock compensation plans occurring after the effective date of the new standard. In August 2017, the FASB issued ASU No. 2017-12, “Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities” (“ASU 2017-12”). The amendments in ASU 2017-12 more closely align the results of cash flow and fair value hedge accounting with risk management activities through changes to both the designation and measurement guidance for qualifying hedging relationships and the presentation of hedge results in the financial statements. The amendments in ASU 2017-12 address specific limitations in current GAAP by expanding hedge accounting for both nonfinancial and financial risk components and by refining the measurement of hedge results to better reflect an entity’s hedging strategies. Thus, the amendments in ASU 2017-12 will enable an entity to better portray the economic results of hedging activities for certain fair value and cash flow hedges and will avoid mismatches in earnings by allowing for greater precision when measuring changes in fair value of the hedged item for certain fair value hedges. Additionally, by aligning the timing of recognition of hedge results with the earnings effect of the hedged item for cash flow and net investment hedges, and by including the earnings effect of the hedging instrument in the same income statement line item in which the earnings effect of the hedged item is presented, the results of an entity’s hedging program and the cost of executing that program will be more visible to users of financial statements. The guidance in ASU 2017-12 concerning amendments to cash flow and net investment hedge relationships that exist on the date of adoption should be applied using a modified retrospective approach (i.e., with a cumulative effect adjustment recorded to the opening balance of retained earnings as of the initial application date). The guidance in ASU 2017-12 also provides transition relief to make it easier for entities to apply certain amendments to existing hedges (including fair value hedges) where the hedge documentation needs to be modified. The presentation and disclosure requirements of ASU 2017-12 should be applied prospectively. The amendments in this ASU are effective for annual periods beginning after December 15, 2018, including interim periods within those annual periods. The Company is currently evaluating the impact of this new standard on its consolidated financial statements and related disclosures.

ACQUISITIONS

ACQUISITIONS	9 Months Ended
	Sep. 30, 2017
Business Combinations [Abstract]
ACQUISITIONS	ACQUISITIONS Torrance Acquisition On July 1, 2016, the Company acquired from ExxonMobil Oil Corporation and its subsidiary, Mobil Pacific Pipe Line Company, the Torrance refinery and related logistics assets (collectively, the “Torrance Acquisition”). The Torrance refinery, located in Torrance, California, is a high-conversion, delayed-coking refinery. The facility is strategically positioned in Southern California with advantaged logistics connectivity that offers flexible raw material sourcing and product distribution opportunities primarily in the California, Las Vegas and Phoenix area markets. The Torrance Acquisition provided the Company with a broader more diversified asset base and increased the number of operating refineries from four to five and expanded the Company’s combined crude oil throughput capacity. The acquisition also provided the Company with a presence in the PADD 5 market. In addition to refining assets, the transaction included a number of high-quality logistics assets including a sophisticated network of crude and products pipelines, product distribution terminals and refinery crude and product storage facilities. The most significant of the logistics assets is a crude gathering and transportation system which delivers San Joaquin Valley crude oil directly from the field to the refinery. Additionally, included in the transaction were several pipelines which provide access to sources of crude oil including the Ports of Long Beach and Los Angeles, as well as clean product outlets with a direct pipeline supplying jet fuel to the Los Angeles airport. The aggregate purchase price for the Torrance Acquisition was $521,350 in cash after post-closing purchase price adjustments, plus final working capital of $450,582 . In addition, the Company assumed certain pre-existing environmental and regulatory emission credit obligations in connection with the Torrance Acquisition. The transaction was financed through a combination of cash on hand, including proceeds from certain PBF Energy equity offerings and borrowings under the Company’s asset based revolving credit agreement (the “Revolving Loan”). The Company accounted for the Torrance Acquisition as a business combination under GAAP whereby the Company recognizes assets acquired and liabilities assumed in an acquisition at their estimated fair values as of the date of acquisition. The final purchase price and fair value allocation were completed as of June 30, 2017. During the measurement period, which ended in June 2017, adjustments were made to the Company’s preliminary fair value estimates related primarily to Property, plant and equipment and Other long-term liabilities reflecting the finalization of the Company’s assessment of the costs and duration of certain assumed pre-existing environmental obligations. The total purchase consideration and the fair values of the assets and liabilities at the acquisition date were as follows: Purchase Price Gross purchase price $ 537,500 Working capital 450,582 Post close purchase price adjustments (16,150 ) Total consideration $ 971,932 The following table summarizes the amounts recognized for assets acquired and liabilities assumed as of the acquisition date: Fair Value Allocation Inventories $ 404,542 Prepaid expenses and other current assets 982 Property, plant and equipment 704,633 Deferred charges and other assets, net 68,053 Accounts payable (2,688 ) Accrued expenses (64,137 ) Other long-term liabilities (139,453 ) Fair value of net assets acquired $ 971,932 The Company’s condensed consolidated financial statements for the three and nine months ended September 30, 2017 include the results of operations of the Torrance refinery and related logistics assets subsequent to the Torrance Acquisition. The Company’s condensed consolidated financial statements for the prior year include the results of operations of such assets from the date of the Torrance Acquisition on July 1, 2016 to September 30, 2016 during which period the Torrance refinery and related logistics assets contributed revenues of $928,225 and net income of $51,457 . On an unaudited pro forma basis, the revenues and net income of the Company assuming the Torrance Acquisition had occurred on January 1, 2015, are shown below. The unaudited pro forma information does not purport to present what the Company’s actual results would have been had the acquisition occurred on January 1, 2015, nor is the financial information indicative of the results of future operations. The unaudited pro forma financial information includes the depreciation and amortization expense attributable to the Torrance Acquisition and interest expense associated with the related financing. Nine Months Ended September 30, 2016 Pro forma revenues $ 12,243,582 Pro forma net loss attributable to PBF Holding Company LLC $ (60,908 ) The unaudited amount of revenues and net loss above have been calculated after conforming accounting policies of the Torrance refinery and related logistics assets to those of the Company and certain one-time adjustments. Chalmette Acquisition On November 1, 2015, the Company acquired from ExxonMobil, Mobil Pipe Line Company and PDV Chalmette, L.L.C., 100% of the ownership interests of Chalmette Refining, which owns the Chalmette refinery and related logistics assets (collectively, the “Chalmette Acquisition”). While the Company’s condensed consolidated financial statements for both the three and nine months ended September 30, 2017 and 2016 include the results of operations of Chalmette Refining, the final working capital settlement for the Chalmette Acquisition was finalized in the first quarter of 2016. Additionally, certain acquisition related costs for the Chalmette Acquisition were recorded in the first quarter of 2016. Acquisition Expenses The Company incurred acquisition related costs consisting primarily of consulting and legal expenses related to completed, pending and non-consummated acquisitions. These costs were $22 and $488 in the three and nine months ended September 30, 2017 , respectively, and $3,912 and $13,622 in the three and nine months ended September 30, 2016 , respectively. These costs are included in the condensed consolidated statements of operations in General and administrative expenses.

INVENTORIES

INVENTORIES	9 Months Ended
	Sep. 30, 2017
Inventory Disclosure [Abstract]
INVENTORIES	INVENTORIES Inventories consisted of the following: September 30, 2017 Titled Inventory Inventory Intermediation Arrangements Total Crude oil and feedstocks $ 1,302,162 $ — $ 1,302,162 Refined products and blendstocks 1,065,608 343,904 1,409,512 Warehouse stock and other 97,063 — 97,063 $ 2,464,833 $ 343,904 $ 2,808,737 Lower of cost or market adjustment (404,227 ) (93,818 ) (498,045 ) Total inventories $ 2,060,606 $ 250,086 $ 2,310,692 December 31, 2016 Titled Inventory Inventory Intermediation Arrangements Total Crude oil and feedstocks $ 1,102,007 $ — $ 1,102,007 Refined products and blendstocks 915,397 352,464 1,267,861 Warehouse stock and other 89,680 — 89,680 $ 2,107,084 $ 352,464 $ 2,459,548 Lower of cost or market adjustment (492,415 ) (103,573 ) (595,988 ) Total inventories $ 1,614,669 $ 248,891 $ 1,863,560 Inventory under inventory intermediation arrangements included certain light finished products sold to counterparties and stored in the Paulsboro and Delaware City refineries’ storage facilities in connection with the amended and restated inventory intermediation agreements (as amended in the second and third quarters of 2017, the “A&R Intermediation Agreements”) with J. Aron & Company, a subsidiary of The Goldman Sachs Group, Inc. (“J. Aron”). During the three months ended September 30, 2017 , the Company recorded an adjustment to value its inventories to the lower of cost or market (“LCM”) which increased both operating income and net income by $265,077 reflecting the net change in the lower of cost or market inventory reserve from $763,122 at June 30, 2017 to $498,045 at September 30, 2017 . During the nine months ended September 30, 2017 , the Company recorded an adjustment to value its inventories to the lower of cost or market which increased both operating income and net income by $97,943 reflecting the net change in the lower of cost or market inventory reserve from $595,988 at December 31, 2016 to $498,045 at September 30, 2017 . During the three months ended September 30, 2016 , the Company recorded an adjustment to value its inventories to the lower of cost or market which increased both operating income and net income by $103,990 reflecting the net change in the lower of cost or market inventory reserve from $900,493 at June 30, 2016 to $796,503 at September 30, 2016 . During the nine months ended September 30, 2016 , the Company recorded an adjustment to value its inventories to the lower of cost or market which increased both operating income and net income by $320,833 reflecting the net change in the lower of cost or market inventory reserve from $1,117,336 at December 31, 2015 to $796,503 at September 30, 2016 .

ACCRUED EXPENSES

ACCRUED EXPENSES	9 Months Ended
	Sep. 30, 2017
Payables and Accruals [Abstract]
ACCRUED EXPENSES	ACCRUED EXPENSES Accrued expenses consisted of the following: September 30, December 31, Inventory-related accruals $ 984,702 $ 810,027 Inventory intermediation arrangements 282,640 225,524 Renewable energy credit and emissions obligations 138,717 70,158 Excise and sales tax payable 91,042 86,046 Accrued transportation costs 90,933 89,830 Customer deposits 45,548 9,215 Accrued utilities 36,274 44,190 Accrued refinery maintenance and support costs 36,098 28,670 Accrued salaries and benefits 32,709 17,466 Accrued interest 30,987 28,934 Accrued capital expenditures 18,933 33,610 Environmental liabilities 8,295 8,882 Other 12,693 10,177 Total accrued expenses $ 1,809,571 $ 1,462,729 The Company has the obligation to repurchase certain intermediates and finished products that are held in the Company’s refinery storage tanks at the Delaware City and Paulsboro refineries in accordance with the A&R Intermediation Agreements with J. Aron. As of September 30, 2017 and December 31, 2016 , a liability is recognized for the inventory intermediation arrangements and is recorded at market price for the J. Aron owned inventory held in the Company’s storage tanks under the A&R Intermediation Agreements, with any change in the market price being recorded in Cost of products and other. The Company is subject to obligations to purchase Renewable Identification Numbers (“RINs”) required to comply with the Renewable Fuels Standard. The Company’s overall RINs obligation is based on a percentage of domestic shipments of on-road fuels as established by the Environmental Protection Agency (“EPA”). To the degree the Company is unable to blend the required amount of biofuels to satisfy its RINs obligation, RINs must be purchased on the open market to avoid penalties and fines. The Company records its RINs obligation on a net basis in Accrued expenses when its RINs liability is greater than the amount of RINs earned and purchased in a given period and in Prepaid expenses and other current assets when the amount of RINs earned and purchased is greater than the RINs liability. In addition, the Company is subject to obligations to comply with federal and state legislative and regulatory measures to address environmental compliance and greenhouse gas and other emissions, including AB32 in California. These requirements include incremental costs to operate and maintain our facilities as well as to implement and manage new emission controls and programs, which have contributed to the increase in accrued environmental liabilities and emission obligations following the Torrance Acquisition. Renewable energy credit and emissions obligations fluctuate with the volume of applicable product sales and timing of credit purchases.

DEBT (Notes)

DEBT (Notes)	9 Months Ended
	Sep. 30, 2017
Debt Instrument [Line Items]
Debt Disclosure [Text Block]	5. DEBT Senior Notes On May 30, 2017, PBF Holding entered into an Indenture (the “Indenture”) among PBF Holding and PBF Holding’s wholly-owned subsidiary, PBF Finance Corporation (“PBF Finance” and, together with PBF Holding, the “Issuers”), the guarantors named therein (collectively the “Guarantors”) and Wilmington Trust, National Association as Trustee, under which the Issuers issued $725,000 in aggregate principal amount of 7.25% senior notes due 2025 (the “2025 Senior Notes”). The Issuers received net proceeds of approximately $711,576 from the offering after deducting the initial purchasers’ discount and estimated offering expenses. The Company used the net proceeds to fund the cash tender offer (the “Tender Offer”) for any and all of its outstanding 8.25% senior secured notes due 2020 (the “2020 Senior Secured Notes”), to pay the related redemption price and accrued and unpaid interest for any 2020 Senior Secured Notes that remained outstanding after the completion of the Tender Offer, and for general corporate purposes. The difference between the carrying value of the 2020 Senior Secured Notes on the date they were reacquired and the amount for which they were reacquired has been classified as debt extinguishment costs in the condensed consolidated statements of operations. The 2025 Senior Notes included a registration rights arrangement whereby the Company agreed to file with the SEC and use commercially reasonable efforts to consummate an offer to exchange the 2025 Senior Notes for an issue of registered notes with terms substantially identical to the notes not later than 365 days after the date of the original issuance of the notes. This registration statement was declared effective on October 18, 2017 and it is anticipated that the exchange will be consummated during the fourth quarter of 2017. As such, the Company does not anticipate it will have to transfer any consideration as a result of the registration rights agreement and thus no loss contingency was recorded. The 2025 Senior Notes are guaranteed on a senior unsecured basis by substantially all of PBF Holding’s subsidiaries. The 2025 Senior Notes and guarantees are senior unsecured obligations and rank equal in right of payment with all of the Issuers’ and the Guarantors’ existing and future senior indebtedness, including PBF Holding’s Revolving Loan and the Issuers’ 7.00% senior notes due 2023 (the “2023 Senior Notes”). The 2025 Senior Notes and the guarantees rank senior in right of payment to the Issuers’ and the Guarantors’ existing and future indebtedness that is expressly subordinated in right of payment thereto. The 2025 Senior Notes and the guarantees are effectively subordinated to any of the Issuers’ and the Guarantors’ existing or future secured indebtedness (including the Revolving Loan) to the extent of the value of the collateral securing such indebtedness. The 2025 Senior Notes and the guarantees are structurally subordinated to any existing or future indebtedness and other obligations of the Issuers’ non-guarantor subsidiaries. PBF Holding has optional redemption rights to repurchase all or a portion of the 2025 Senior Notes at varying prices no less than 100% of the principal amounts of the notes plus accrued and unpaid interest. The holders of the 2025 Senior Notes have repurchase options exercisable only upon a change in control, certain asset sale transactions, or in event of a default as defined in the Indenture. In addition, the 2025 Senior Notes contain customary terms, events of default and covenants for an issuer of non-investment grade debt securities that limit certain types of additional debt, equity issuances, and payments. Many of these covenants will cease to apply or will be modified if the 2025 Senior Notes are rated investment grade. Upon the satisfaction and discharge of the 2020 Senior Secured Notes in connection with the closing of the Tender Offer and the redemption described above, a Collateral Fall-Away Event under the indenture governing the 2023 Senior Notes occurred on May 30, 2017, and the 2023 Senior Notes became unsecured and certain covenants were modified, as provided for in the indenture governing the 2023 Senior Notes and related documents.

INCOME TAXES

INCOME TAXES	9 Months Ended
	Sep. 30, 2017
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES PBF Holding is a limited liability company treated as a “flow-through” entity for income tax purposes. Accordingly, there is generally no benefit or provision for federal or state income tax in the PBF Holding financial statements apart from the income tax attributable to two subsidiaries acquired in connection with the acquisition of Chalmette Refining and the Company’s wholly-owned Canadian subsidiary, PBF Energy Limited (“PBF Ltd.”). The two subsidiaries acquired in connection with the Chalmette Acquisition are treated as C-Corporations for income tax purposes. The income tax provision (benefit) in the PBF Holding condensed consolidated financial statements of operations consists of the following: Three Months Ended Nine Months Ended 2017 2016 2017 2016 Current income tax expense $ 190 $ 389 $ 1,399 $ 1,474 Deferred income tax (benefit) expense (4,482 ) 1,902 641 27,813 Total income tax (benefit) expense $ (4,292 ) $ 2,291 $ 2,040 $ 29,287 During the preparation of the financial statements for the first quarter of 2016, management determined that the deferred income tax liabilities for PBF Ltd. were understated for prior periods. For the three months ended March 31, 2016, the Company incurred $30,602 of deferred tax expense and $121 of current tax expense relating to a correction of prior periods.

AFFILIATE NOTE PAYABLE

AFFILIATE NOTE PAYABLE	9 Months Ended
	Sep. 30, 2017
INTERCOMPANY NOTE PAYABLE [Abstract]
AFFILIATE NOTE PAYABLE	AFFILIATE NOTES PAYABLE PBF Holding has entered into affiliate notes payable with PBF Energy and PBF LLC with an interest rate of 2.5% and a five year term, which may be prepaid in whole or in part at any time, at the option of PBF Holding, without penalty or premium. Additional borrowings may be made by PBF Holding under such affiliate notes payable from time to time. In the fourth quarter of 2016, the notes were extended to 2021. Additionally, in the fourth quarter of 2016, PBF LLC converted $379,947 of the outstanding affiliate notes payable from PBF Holding to a capital contribution. In the first quarter of 2017, PBF LLC converted the full amount of outstanding affiliate notes payable from PBF Holding of $86,298 to a capital contribution. Therefore, as of September 30, 2017 , PBF Holding had no outstanding affiliate notes payable with PBF Energy and PBF LLC ( $86,298 outstanding as of December 31, 2016 ).

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	9 Months Ended
	Sep. 30, 2017
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	RELATED PARTY TRANSACTIONS Transactions and Agreements with PBFX PBF Holding entered into agreements with PBFX that establish fees for certain general and administrative services, and operational and maintenance services provided by the Company to PBFX. In addition, the Company executed terminal, pipeline and storage services agreements with PBFX under which PBFX provides commercial transportation, terminaling, storage and pipeline services to the Company. These agreements with PBFX include the agreements set forth below: Contribution Agreements Immediately prior to the closing of certain contribution agreements, which PBF LLC entered into with PBFX (collectively referred to as the “Contribution Agreements”), PBF Holding contributed certain assets to PBF LLC. PBF LLC in turn contributed those assets to PBFX pursuant to the Contribution Agreements. Certain proceeds received by PBF LLC from PBFX in accordance with the Contribution Agreements were subsequently contributed by PBF LLC to PBF Holding. Pursuant to a Contribution Agreement entered into on February 15, 2017, PBF Holding contributed all of the issued and outstanding limited liability company interests of Paulsboro Natural Gas Pipeline Company LLC (“PNGPC”) to PBF LLC. PBFX Operating Company LP (“PBFX Op Co”), PBFX’s wholly-owned subsidiary, in turn acquired the limited liability company interests in PNGPC from PBF LLC in connection with the Contribution Agreement effective February 28, 2017. PNGPC owns and operates an existing interstate natural gas pipeline which serves PBF Holding's Paulsboro refinery (the “Paulsboro Natural Gas Pipeline”), which is subject to regulation by the Federal Energy Regulatory Commission (“FERC”). In connection with the PNGPC Contribution Agreement, PBFX constructed a new pipeline to replace the existing pipeline, which commenced services in August 2017. In consideration for the PNGPC limited liability company interests, PBFX delivered to PBF LLC (i) an $11,600 intercompany promissory note in favor of Paulsboro Refining Company LLC, a wholly owned subsidiary of PBF Holding (the “Promissory Note”), (ii) an expansion rights and right of first refusal agreement in favor of PBF LLC with respect to the new pipeline and (iii) an assignment and assumption agreement with respect to certain outstanding litigation involving PNGPC and the existing pipeline. Commercial Agreements In connection with the Contribution Agreements, PBF Holding entered into long-term, fee-based, minimum volume commitment (“MVC”) commercial agreements with PBFX. Under these agreements, PBFX provides various pipeline, rail and truck terminaling and storage services to PBF Holding and PBF Holding has committed to provide PBFX with minimum fees based on minimum monthly throughput volumes. The fees under each of these agreements are supported by contractual fee escalations for inflation adjustments and certain increases in operating costs. PBF Holding believes the terms and conditions under these agreements, as well as the Omnibus Agreement (as defined below) and the Services Agreement (as defined below) each with PBFX, are generally no less favorable to either party than those that could have been negotiated with unaffiliated parties with respect to similar services. These commercial agreements (as defined in the table below) with PBFX include: Service Agreements Initiation Date Initial Term Renewals (a) Minimum Volume Commitments Force Majeure Transportation and Terminaling Delaware City Rail Terminaling Services Agreement 5/8/2014 7 years, 8 months 2 x 5 85,000 barrels per day (“bpd”) PBFX or PBF Holding can declare Toledo Truck Unloading & Terminaling Services Agreement 5/8/2014 7 years, 8 months 2 x 5 5,500 bpd Delaware West Ladder Rack Terminaling Services Agreement 10/1/2014 7 years, 3 months 2 x 5 40,000 bpd Toledo Storage Facility Storage and Terminaling Services Agreement- Terminaling Facility 12/12/2014 10 years 2 x 5 4,400 bpd Delaware Pipeline Services Agreement 5/15/2015 10 years, 8 months 2 x 5 50,000 bpd Delaware Pipeline Services Agreement- Magellan Connection 11/1/2016 2 years, 5 months N/A 14,500 bpd Delaware City Truck Loading Services Agreement- Gasoline 5/15/2015 10 years, 8 months 2 x 5 30,000 bpd Delaware City Truck Loading Services Agreement- LPGs 5/15/2015 10 years, 8 months 2 x 5 5,000 bpd East Coast Terminals Terminaling Services Agreements 5/1/2016 Various (f) Evergreen 15,000 bpd (e) East Coast Terminals Tank Lease Agreements 5/1/2016 Various (f) Evergreen 350,000 barrels (c) Torrance Valley Pipeline Transportation Services Agreement- North Pipeline 8/31/2016 10 years 2 x 5 50,000 bpd Torrance Valley Pipeline Transportation Services Agreement- South Pipeline 8/31/2016 10 years 2 x 5 70,000 bpd Torrance Valley Pipeline Transportation Services Agreement- Midway Storage Tank 8/31/2016 10 years 2 x 5 55,000 barrels (c) Torrance Valley Pipeline Transportation Services Agreement- Emidio Storage Tank 8/31/2016 10 years 2 x 5 900,000 barrels per month Torrance Valley Pipeline Transportation Services Agreement- Belridge Storage Tank 8/31/2016 10 years 2 x 5 770,000 barrels per month Paulsboro Natural Gas Pipeline Services Agreement (b) 8/4/2017 15 years Evergreen 60,000 dekatherms per day Toledo Terminal Services Agreement (g) 5/1/2016 1 year Evergreen N/A Storage Toledo Storage Facility Storage and Terminaling Services Agreement- Storage Facility 12/12/2014 10 years 2 x 5 3,849,271 barrels (c) PBFX or PBF Holding can declare Chalmette Storage Agreement (d) See note (d) 10 years 2 x 5 625,000 barrels ____________________ (a) PBF Holding has the option to extend the agreements for up to two additional five -year terms, as applicable. (b) In August 2017, PBFX’s new pipeline commenced service. Concurrent with the commencement of operations, a new service agreement was entered into between PBF Holding and PNGPC. (c) Reflects the overall capacity as stipulated by the storage agreement. The storage MVC is subject to effective operating capacity of each tank which can be impacted by routine tank maintenance and other factors. (d) The Chalmette Storage Agreement was entered into on February 15, 2017 but commences at the earlier of November 1, 2017 or the completion of the Chalmette Storage Tank (as defined below), which is currently expected to be completed in November 2017. (e) The East Coast Terminals terminaling service agreements have no MVCs and are billed based on actual volumes throughput, other than a terminaling services agreement between the East Coast Terminals' Paulsboro, New Jersey location and PBF Holding with a 15,000 bpd MVC. (f) The East Coast Terminal related party agreements include varying term lengths, ranging from one to five years. (g) Subsequent to the Toledo Terminal Acquisition, the Toledo Terminal was added to the East Coast Terminals Terminaling Service Agreements. Other Agreements In addition to the commercial agreements described above, at the closing of the PBFX Offering, PBFX entered into an omnibus agreement, which has been amended and restated in connection with the closing of certain of the contribution agreements with PBF GP, PBF LLC and PBF Holding (as amended, the “Omnibus Agreement”). The Omnibus Agreement addresses the payment of an annual fee for the provision of various general and administrative services and reimbursement of salary and benefit costs for certain PBF Energy employees. The annual fee was increased to $6,900 per year effective as of January 1, 2017. In connection with the PBFX Offering, PBFX also entered into an operation and management services and secondment agreement with PBF Holding and certain of its subsidiaries, pursuant to which PBF Holding and its subsidiaries provide PBFX with the personnel necessary for PBFX to perform its obligations under its commercial agreements. PBFX reimburses PBF Holding for the use of such employees and the provision of certain infrastructure-related services to the extent applicable to its operations, including storm water discharge and waste water treatment, steam, potable water, access to certain roads and grounds, sanitary sewer access, electrical power, emergency response, filter press, fuel gas, API solids treatment, fire water and compressed air. On February 28, 2017, PBF Holding and PBFX entered into a fifth amended and restated services agreement (as amended, the “Services Agreement”) in connection with the PNGPC Contribution Agreement, resulting in an increase to the annual fee to $6,696 . The Services Agreement will terminate upon the termination of the Omnibus Agreement, provided that PBFX may terminate any service on 30 days’ notice. In connection with the Chalmette Storage Agreement, PBF Holding’s subsidiary, Chalmette Refining, entered into a twenty -year lease for the premises upon which a new tank at the Chalmette refinery (the “Chalmette Storage Tank”) will be located (the “Lease”) and a project management agreement (the “Project Management Agreement”) pursuant to which Chalmette Refining has managed the construction of the tank. The Lease can be extended by PBFX Op Co for two additional ten year terms. Summary of Transactions with PBFX A summary of revenue and expense transactions with PBFX is as follows: Three Months Ended September 30, Nine Months Ended September 30, 2017 2016 2017 2016 Revenues under affiliate agreements: Services Agreement $ 1,639 $ 1,280 $ 4,918 $ 3,523 Omnibus Agreement 1,890 1,201 5,174 3,460 Total expenses under affiliate agreements 62,359 43,842 176,916 118,356

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	9 Months Ended
	Sep. 30, 2017
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	COMMITMENTS AND CONTINGENCIES Environmental Matters The Company’s refineries, pipelines and related operations are subject to extensive and frequently changing federal, state and local laws and regulations, including, but not limited to, those relating to the discharge of materials into the environment or that otherwise relate to the protection of the environment, waste management and the characteristics and the compositions of fuels. Compliance with existing and anticipated laws and regulations can increase the overall cost of operating the refineries, including remediation, operating costs and capital costs to construct, maintain and upgrade equipment and facilities. In connection with the Paulsboro refinery acquisition, the Company assumed certain environmental remediation obligations. The Paulsboro environmental liability of $10,809 recorded as of September 30, 2017 ( $10,792 as of December 31, 2016 ) represents the present value of expected future costs discounted at a rate of 8.0% . The current portion of the environmental liability is recorded in Accrued expenses and the non-current portion is recorded in Other long-term liabilities. This liability is self-guaranteed by the Company. In connection with the acquisition of the Delaware City assets, Valero Energy Corporation (“Valero”) remains responsible for certain pre-acquisition environmental obligations up to $20,000 and the predecessor to Valero in ownership of the refinery retains other historical obligations. In connection with the acquisition of the Delaware City assets and the Paulsboro refinery, the Company and Valero purchased ten year, $75,000 environmental insurance policies to insure against unknown environmental liabilities at each site. In connection with the Toledo refinery acquisition, Sunoco, Inc. (R&M) (“Sunoco”) remains responsible for environmental remediation for conditions that existed on the closing date for twenty years from March 1, 2011 subject to certain limitations. In connection with the acquisition of the Chalmette refinery, the Company obtained $3,936 in financial assurance (in the form of a surety bond) to cover estimated potential site remediation costs associated with an agreed to Administrative Order of Consent with the EPA. The estimated cost assumes remedial activities will continue for a minimum of 30 years. Further, in connection with the acquisition of the Chalmette refinery, the Company purchased a ten year, $100,000 environmental insurance policy to insure against unknown environmental liabilities at the refinery. As of November 1, 2015, the Company acquired Chalmette Refining, which was in discussions with the Louisiana Department of Environmental Quality (“LDEQ”) to resolve self-reported deviations from refinery operations relating to certain Clean Air Act Title V permit conditions, limits and other requirements. LDEQ commenced an enforcement action against Chalmette Refining on November 14, 2014 by issuing a Consolidated Compliance Order and Notice of Potential Penalty (the “Order”) covering deviations from 2009 and 2010. Chalmette Refining and LDEQ subsequently entered into a dispute resolution agreement, the enforcement of which has been suspended while negotiations are ongoing, which may include the resolution of deviations outside the periods covered by the Order. In February 2017, Chalmette Refining and the LDEQ met to resolve the issues under the Order, including the assessment of an administrative penalty against Chalmette Refining. Although a resolution has not been finalized, the administrative penalty is anticipated to be approximately $700 , including beneficial environmental projects. To the extent the administrative penalty exceeds such amount, it is not expected to be material to the Company. On December 23, 2016, the Delaware City refinery received a Notice of Violation (“NOV”) from DNREC concerning a potential violation of the DNREC order authorizing the shipment of crude oil by barge from the refinery. The NOV alleges that DCR made shipments to locations other than the Paulsboro refinery in violation of the order and requests certain additional information. On February 7, 2017, DCR responded to the NOV. On March 10, 2017, DNREC issued a $150 fine in a Notice of Penalty Assessment and Secretary’s Order to the Delaware City refinery for violating the 2013 Secretary’s Order. DNREC determined that the Delaware City refinery had violated the order by failing to make timely and full disclosure to DNREC about the nature and extent of those shipments, and had misrepresented the number of shipments that went to other facilities. The penalty assessment and Secretary’s Order conclude that the 2013 Secretary’s Order was violated by the Delaware City refinery by shipping crude oil from the Delaware City terminal to three locations other than the Paulsboro refinery, on 15 days in 2014, making a total of 17 separate barge shipments containing approximately 35.7 million gallons of crude oil in total. On April 28, 2017, DCR appealed the Notice of Penalty Assessment and Secretary’s Order. The hearing of the appeal is scheduled for February 2018. To the extent that the penalty and Secretary’s Order are upheld, there will not be a material adverse effect on the Company’s financial position, results of operations or cash flows. On December 28, 2016, DNREC issued a Coastal Zone Act permit (the “Ethanol permit”) to DCR allowing the utilization of existing tanks and existing marine loading equipment at their existing facilities to enable denatured ethanol to be loaded from storage tanks to marine vessels and shipped to offsite facilities. On January 13, 2017, the issuance of the Ethanol Permit was appealed by two environmental groups. On February 27, 2017, the Coastal Zone Industrial Board held a public hearing and dismissed the appeal, determining that the appellants did not have standing. The final opinion and order of the Board was issued March 16, 2017. The appellants filed an appeal of the Board’s decision with the Delaware Superior Court on March 30, 2017. On September 28, 2017, the Delaware Superior Court issued it scheduling order governing briefing in the appeal of the Coastal Zone Board’s decision to sustain the permit issued for the ethanol project. The filing of briefs has been scheduled for October and November 2017. On October 19, 2017, the Delaware City Refinery received approval from DNREC for the construction and operation of the ethanol marketing project to allow for a combined total loading of up to 10,000 bpd, on an annual average basis, of ethanol on to marine vessels at the marine piers and the terminal truck loading rack, subject to certain operational and emissions limitations as well as other conditions. On the same date, Delaware City Logistics Company LLC received DNREC approval for the construction of (i) four additional loading arms for each of lanes 4, 10 and 11 for purposes of loading ethanol at its truck loading rack and (ii) a vapor vacuum control system for loading lanes connected to the existing vapor recovery unit located at its terminal in Delaware City. This approval is also subject to certain operational and emission limitations as well as other conditions. On February 3, 2011, EPA sent a request for information pursuant to Section 114 of the Clean Air Act to the Paulsboro refinery with respect to compliance with EPA standards governing flaring. The refinery and the EPA have reached agreement on settlement, which includes a civil penalty of $180 . On July 13, 2017 the U.S. Department of Justice filed with the Court the motion to enter the consent decree. On September 19, 2017, the Court approved the consent decree and in connection therewith the Paulsboro refinery has paid a penalty of $180 . In connection with the acquisition of the Torrance refinery and related logistics assets, the Company assumed certain pre-existing environmental liabilities totaling $138,511 as of September 30, 2017 ( $142,456 as of December 31, 2016), related to certain environmental remediation obligations to address existing soil and groundwater contamination and monitoring and other clean-up activities, which reflects the current estimated cost of the remediation obligations. The current portion of the environmental liability is recorded in Accrued expenses and the non-current portion is recorded in Other long-term liabilities. In addition, in connection with the acquisition of the Torrance refinery and related logistics assets, the Company purchased a ten year, $100,000 environmental insurance policy to insure against unknown environmental liabilities. Furthermore, in connection with the acquisition, the Company assumed responsibility for certain specified environmental matters that occurred prior to the Company’s ownership of the refinery and the logistics assets, including specified incidents and/or NOVs issued by regulatory agencies in various years before the Company’s ownership, including the Southern California Air Quality Management District (“SCAQMD”) and the Division of Occupational Safety and Health of the State of California (“Cal/OSHA”). Additionally, subsequent to the acquisition, further NOVs were issued by the SCAQMD, Cal/OSHA, the City of Torrance and the City of Torrance Fire Department related to alleged operational violations, emission discharges and/or flaring incidents at the refinery and the logistics assets before and after the Company’s acquisition. With the exception of one NOV for which a proposed settlement is less than $100 , no settlement or penalty demands have been received to date with respect to the other NOVs. As the ultimate outcomes are uncertain, the Company cannot currently estimate the final amount or timing of their resolution. It is reasonably possible that SCAQMD, Cal/OSHA and/or the City of Torrance will assess penalties in the other matters in excess of $100 but any such amount is not expected to have a material impact on the Company’s financial position, results of operations or cash flows, individually or in the aggregate. The Company’s operations and many of the products it manufactures are subject to certain specific requirements of the Clean Air Act (the “CAA”) and related state and local regulations. The CAA contains provisions that require capital expenditures for the installation of certain air pollution control devices at the Company’s refineries. Subsequent rule making authorized by the CAA or similar laws or new agency interpretations of existing rules, may necessitate additional expenditures in future years. In 2010, New York State adopted a Low-Sulfur Heating Oil mandate that, beginning July 1, 2012, requires all heating oil sold in New York State to contain no more than 15 parts per million (“PPM”) sulfur. Since July 1, 2012, other states in the Northeast market began requiring heating oil sold in their state to contain no more than 15 PPM sulfur. Currently, all of the Northeastern states and Washington DC have adopted sulfur controls on heating oil. Most of the Northeastern states will now require heating oil with 15 PPM or less sulfur by July 1, 2018 (except for Pennsylvania and Maryland - where less than 500 ppm sulfur is required). All of the heating oil the Company currently produces meets these specifications. The mandate and other requirements do not currently have a material impact on the Company’s financial position, results of operations or cash flows. The EPA issued the final Tier 3 Gasoline standards on March 3, 2014 under the CAA. This final rule establishes more stringent vehicle emission standards and further reduces the sulfur content of gasoline starting in January 2017. The new standard is set at 10 PPM sulfur in gasoline on an annual average basis starting January 1, 2017, with a credit trading program to provide compliance flexibility. The EPA responded to industry comments on the proposed rule and maintained the per gallon sulfur cap on gasoline at the existing 80 PPM cap. The refineries are complying with these new requirements as planned, either directly or using flexibility provided by sulfur credits generated or purchased in advance as an economic optimization. The standards set by the new rule are not expected to have a material impact on the Company’s financial position, results of operations or cash flows. The EPA published the final 2014-2016 standards under the Renewable Fuels Standard (“RFS”) late in 2015 and issued final 2017 RFS standards in November 2016. In July 2017, the EPA issued proposed 2018 RFS standards that, while the Company is still reviewing, appear to slightly reduce renewable volume standards from final 2017 levels. It is not clear that renewable fuel producers will be able to produce the volumes of these fuels required for blending in accordance with the 2017 standards. The final 2017 cellulosic standard is at approximately 135% of the 2016 standard. It is likely that cellulosic RIN production will be lower than needed forcing obligated parties, such as the Company, to purchase cellulosic “waiver credits” to comply in 2017 (the waiver credit option by regulation is only available for the cellulosic standard). The advanced and total RIN requirements were raised (by 7% and 3% , respectively) above the original proposed level in May 2016. Production of advanced RINs has been below what is needed for compliance in 2016. Obligated parties, such as the Company, will likely be relying on the nesting feature of the biodiesel RIN to comply with the advanced standard in 2017. While the Company believes that total RIN production will be adequate for 2016 needs, the new 2017 standard will put obligated parties up against the E10 blendwall leaving little flexibility. Compliance in 2017 will likely rely on obligated parties drawing down the supply of excess RINs collectively known as the “RIN bank” and could tighten the RIN market potentially raising RIN prices further. The Company is supporting a proposal to change the point of obligation under the RFS program to the “blender” of renewable fuels, of which the new presidential administration may be supportive. Depending on how the new administration addresses this proposal and any future changes to the RFS 2 program, there could be a material impact on the Company’s cost of compliance with RFS 2. In addition, on December 1, 2015 the EPA finalized revisions to an existing air regulation concerning Maximum Achievable Control Technologies (“MACT”) for Petroleum Refineries. The regulation requires additional continuous monitoring systems for eligible process safety valves relieving to atmosphere, minimum flare gas heat (Btu) content, and delayed coke drum vent controls to be installed by January 30, 2019. In addition, a program for ambient fence line monitoring for benzene will need to be implemented by January 30, 2018. The Company is currently evaluating the final standards to evaluate the impact of this regulation, and at this time does not anticipate it will have a material impact on the Company’s financial position, results of operations or cash flows. The EPA published a Final Rule to the Clean Water Act (“CWA”) Section 316(b) in August 2014 regarding cooling water intake structures, which includes requirements for petroleum refineries. The purpose of this rule is to prevent fish from being trapped against cooling water intake screens (impingement) and to prevent fish from being drawn through cooling water systems (entrainment). Facilities will be required to implement Best Technology Available (“BTA”) as soon as possible, but state agencies have the discretion to establish implementation time lines. The Company continues to evaluate the impact of this regulation, and at this time does not anticipate it having a material impact on the Company’s financial position, results of operations or cash flows. As a result of the Torrance Acquisition, the Company is subject to greenhouse gas emission control regulations in the state of California pursuant to Assembly Bill 32 (“AB32”). AB32 imposes a statewide cap on greenhouse gas emissions, including emissions from transportation fuels, with the aim of returning the state to 1990 emission levels by 2020. AB32 is implemented through two market mechanisms including the Low Carbon Fuel Standard (“LCFS”) and Cap and Trade, which was extended for an additional ten years to 2030 in July 2017. The Company is responsible for the AB32 obligations related to the Torrance refinery beginning on July 1, 2016 and must purchase emission credits to comply with these obligations. Additionally, in September 2016, the state of California enacted Senate Bill 32 (“SB32”) which further reduces greenhouse gas emissions targets to 40 percent below 1990 levels by 2030. However, subsequent to the acquisition, the Company is recovering the majority of these costs from its customers, and as such does not expect this obligation to materially impact the Company’s financial position, results of operations, or cash flows. To the degree there are unfavorable changes to AB32 or SB32 regulations or the Company is unable to recover such compliance costs from customers, these regulations could have a material adverse effect on our financial position, results of operations and cash flows. On February 15, 2017, the Company received a notification that EPA records indicated that PBF Holding used potentially invalid RINs that were in fact verified under the EPA’s RIN Quality Assurance Program (“QAP”) by an independent auditor as QAP A RINs. Under the regulations, use of potentially invalid QAP A RINs provided the user with an affirmative defense from civil penalties provided certain conditions are met. The Company has asserted the affirmative defense and if accepted by the EPA will not be required to replace these RINs and will not be subject to civil penalties under the program. It is reasonably possible that the EPA will not accept the Company’s defense and may assess penalties in these matters but any such amount is not expected to have a material impact on the Company’s financial position, results of operations or cash flows. The Company is also currently subject to certain other existing environmental claims and proceedings. The Company believes that there is only a remote possibility that future costs related to any of these other known contingent liability exposures would have a material impact on its financial position, results of operations or cash flows. PBF LLC Limited Liability Company Agreement The holders of limited liability company interests in PBF LLC, including PBF Energy, generally have to include for purposes of calculating their U.S. federal, state and local income taxes their share of any taxable income of PBF LLC, regardless of whether such holders receive cash distributions from PBF LLC. PBF Energy ultimately may not receive cash distributions from PBF LLC equal to its share of such taxable income or even equal to the actual tax due with respect to that income. For example, PBF LLC is required to include in taxable income PBF LLC’s allocable share of PBFX’s taxable income and gains (such share to be determined pursuant to the partnership agreement of PBFX), regardless of the amount of cash distributions received by PBF LLC from PBFX, and such taxable income and gains will flow-through to PBF Energy to the extent of its allocable share of the taxable income of PBF LLC. As a result, at certain times, the amount of cash otherwise ultimately available to PBF Energy on account of its indirect interest in PBFX may not be sufficient for PBF Energy to pay the amount of taxes it will owe on account of its indirect interests in PBFX. Taxable income of PBF LLC generally is allocated to the holders of PBF LLC units (including PBF Energy) pro-rata in accordance with their respective share of the net profits and net losses of PBF LLC. In general, PBF LLC is required to make periodic tax distributions to the members of PBF LLC, including PBF Energy, pro-rata in accordance with their respective percentage interests for such period (as determined under the amended and restated limited liability company agreement of PBF LLC), subject to available cash and applicable law and contractual restrictions (including pursuant to our debt instruments) and based on certain assumptions. Generally, these tax distributions are required to be in an amount equal to our estimate of the taxable income of PBF LLC for the year multiplied by an assumed tax rate equal to the highest effective marginal combined U.S. federal, state and local income tax rate prescribed for an individual or corporate resident in New York, New York (taking into account the nondeductibility of certain expenses). If, with respect to any given calendar year, the aggregate periodic tax distributions were less than the actual taxable income of PBF LLC multiplied by the assumed tax rate, PBF LLC is required to make a “true up” tax distribution, no later than March 15 of the following year, equal to such difference, subject to the available cash and borrowings of PBF LLC. PBF LLC generally obtains funding to pay its tax distributions by causing PBF Holding to distribute cash to PBF LLC and from distributions it receives from PBFX. Tax Receivable Agreement PBF Energy (the Company’s indirect parent) entered into a tax receivable agreement with the PBF LLC Series A and PBF LLC Series B Unit holders (the “Tax Receivable Agreement”) that provides for the payment by PBF Energy to such persons of an amount equal to 85% of the amount of the benefits, if any, that PBF Energy is deemed to realize as a result of (i) increases in tax basis, as described below, and (ii) certain other tax benefits related to entering into the Tax Receivable Agreement, including tax benefits attributable to payments under the Tax Receivable Agreement. For purposes of the Tax Receivable Agreement, the benefits deemed realized by PBF Energy will be computed by comparing the actual income tax liability of PBF Energy (calculated with certain assumptions) to the amount of such taxes that PBF Energy would have been required to pay had there been no increase to the tax basis of the assets of PBF LLC as a result of purchases or exchanges of PBF LLC Series A Units for shares of PBF Energy’s Class A common stock and had PBF Energy not entered into the Tax Receivable Agreement. The term of the Tax Receivable Agreement will continue until all such tax benefits have been utilized or expired unless: (i) PBF Energy exercises its right to terminate the Tax Receivable Agreement, (ii) PBF Energy breaches any of its material obligations under the Tax Receivable Agreement or (iii) certain changes of control occur, in which case all obligations under the Tax Receivable Agreement will generally be accelerated and due as calculated under certain assumptions. The payment obligations under the Tax Receivable Agreement are obligations of PBF Energy and not of PBF LLC or the Company. In general, PBF Energy expects to obtain funding for these annual payments from PBF LLC, primarily through tax distributions, which PBF LLC makes on a pro-rata basis to its owners. Such owners include PBF Energy, which holds a 96.6% interest in PBF LLC as of September 30, 2017 ( 96.5% as of December 31, 2016 ).

EMPLOYEE BENEFIT PLANS

EMPLOYEE BENEFIT PLANS	9 Months Ended
	Sep. 30, 2017
Defined Benefit Pension Plans and Defined Benefit Postretirement Plans Disclosure [Abstract]
EMPLOYEE BENEFIT PLANS	EMPLOYEE BENEFIT PLANS The components of net periodic benefit cost related to the Company’s defined benefit plans consisted of the following: Three Months Ended Nine Months Ended Pension Benefits 2017 2016 2017 2016 Components of net periodic benefit cost: Service cost $ 10,142 $ 10,064 $ 30,429 $ 24,743 Interest cost 1,084 772 3,252 2,323 Expected return on plan assets (1,441 ) (1,234 ) (4,325 ) (3,447 ) Amortization of prior service cost 13 13 39 39 Amortization of actuarial loss (gain) 113 328 339 716 Net periodic benefit cost $ 9,911 $ 9,943 $ 29,734 $ 24,374 Three Months Ended Nine Months Ended Post-Retirement Medical Plan 2017 2016 2017 2016 Components of net periodic benefit cost: Service cost $ 316 $ 304 $ 948 $ 743 Interest cost 172 131 516 398 Amortization of prior service cost 162 161 484 379 Amortization of actuarial loss (gain) — — — — Net periodic benefit cost $ 650 $ 596 $ 1,948 $ 1,520

FAIR VALUE MEASUREMENTS

FAIR VALUE MEASUREMENTS	9 Months Ended
	Sep. 30, 2017
Fair Value Disclosures [Abstract]
FAIR VALUE MEASUREMENTS	FAIR VALUE MEASUREMENTS The tables below present information about the Company’s financial assets and liabilities measured and recorded at fair value on a recurring basis and indicate the fair value hierarchy of the inputs utilized to determine the fair values as of September 30, 2017 and December 31, 2016 . We have elected to offset the fair value amounts recognized for multiple derivative contracts executed with the same counterparty; however, fair value amounts by hierarchy level are presented on a gross basis in the tables below. We have posted cash margin with various counterparties to support hedging and trading activities. The cash margin posted is required by counterparties as collateral deposits and cannot be offset against the fair value of open contracts except in the event of default. We have no derivative contracts that are subject to master netting arrangements that are reflected gross on the balance sheet. As of September 30, 2017 Fair Value Hierarchy Total Gross Fair Value Effect of Counter-party Netting Net Carrying Value on Balance Sheet Level 1 Level 2 Level 3 Assets: Money market funds $ 14,458 $ — $ — $ 14,458 N/A $ 14,458 Commodity contracts 18,257 4,248 — 22,505 (22,505 ) — Liabilities: Commodity contracts 11,671 15,850 — 27,521 (22,505 ) 5,016 Catalyst lease obligations — 46,981 — 46,981 — 46,981 Derivatives included with inventory intermediation agreement obligations — 20,601 — 20,601 — 20,601 As of December 31, 2016 Fair Value Hierarchy Total Gross Fair Value Effect of Counter-party Netting Net Carrying Value on Balance Sheet Level 1 Level 2 Level 3 Assets: Money market funds $ 342,837 $ — $ — $ 342,837 N/A $ 342,837 Commodity contracts 948 35 — 983 (983 ) — Derivatives included with inventory intermediation agreement obligations — 6,058 — 6,058 — 6,058 Liabilities: Commodity contracts 859 3,548 84 4,491 (983 ) 3,508 Catalyst lease obligations — 45,969 — 45,969 — 45,969 The valuation methods used to measure financial instruments at fair value are as follows: • Money market funds categorized in Level 1 of the fair value hierarchy are measured at fair value based on quoted market prices and included within Cash and cash equivalents. • The commodity contracts categorized in Level 1 of the fair value hierarchy are measured at fair value based on quoted prices in an active market. The commodity contracts categorized in Level 2 of the fair value hierarchy are measured at fair value using a market approach based upon future commodity prices for similar instruments quoted in active markets. • The commodity contracts categorized in Level 3 of the fair value hierarchy consist of commodity price swap contracts that relate to forecasted purchases of crude oil for which quoted forward market prices are not readily available due to market illiquidity. The forward prices used to value these swaps were derived using broker quotes, prices from other third party sources and other available market based data. • The derivatives included with inventory intermediation agreement obligations and the catalyst lease obligations are categorized in Level 2 of the fair value hierarchy and are measured at fair value using a market approach based upon commodity prices for similar instruments quoted in active markets. Non-qualified pension plan assets are measured at fair value using a market approach based on published net asset values of mutual funds as a practical expedient. As of September 30, 2017 and December 31, 2016 , $9,642 and $9,440 , respectively, were included within Deferred charges and other assets, net for these non-qualified pension plan assets. The table below summarizes the changes in fair value measurements of commodity contracts categorized in Level 3 of the fair value hierarchy: Three Months Ended September 30, Nine Months Ended September 30, 2017 2016 2017 2016 Balance at beginning of period $ — $ 493 $ (84 ) $ 3,543 Purchases — — — — Settlements — (90 ) 45 (1,093 ) Unrealized gain (loss) included in earnings — (21 ) 39 (2,068 ) Transfers into Level 3 — — — — Transfers out of Level 3 — — — — Balance at end of period $ — $ 382 $ — $ 382 There were no transfers between levels during the three and nine months ended September 30, 2017 or 2016 . Fair value of debt The table below summarizes the fair value and carrying value of debt as of September 30, 2017 and December 31, 2016 . September 30, 2017 December 31, 2016 Carrying value Fair value Carrying value Fair value Senior secured notes due 2020 (a) $ — $ — $ 670,867 $ 696,098 Senior notes due 2023 (a) (d) 500,000 514,575 500,000 498,801 Senior notes due 2025 (a) 725,000 740,982 — — Revolving Loan (b) 350,000 350,000 350,000 350,000 PBF Rail Term Loan (b) 30,041 30,041 35,000 35,000 Catalyst leases (c) 46,981 46,981 45,969 45,969 1,652,022 1,682,579 1,601,836 1,625,868 Less - Unamortized deferred financing costs 26,821 n/a 25,277 n/a Long-term debt $ 1,625,201 $ 1,682,579 $ 1,576,559 $ 1,625,868 (a) The estimated fair value, categorized as a Level 2 measurement, was calculated based on the present value of future expected payments utilizing implied current market interest rates based on quoted prices of the senior secured notes and senior notes. (b) The estimated fair value approximates carrying value, categorized as a Level 2 measurement, as these borrowings bear interest based upon short-term floating market interest rates. (c) Catalyst leases are valued using a market approach based upon commodity prices for similar instruments quoted in active markets and are categorized as a Level 2 measurement. The Company has elected the fair value option for accounting for its catalyst lease repurchase obligations as the Company’s liability is directly impacted by the change in fair value of the underlying catalyst. (d) As discussed in “Note 5 - Debt”, these notes became unsecured following the Collateral Fall-Away Event on May 30, 2017.

DERIVATIVES

DERIVATIVES	9 Months Ended
	Sep. 30, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]
DERIVATIVES	DERIVATIVES The Company uses derivative instruments to mitigate certain exposures to commodity price risk. The Company entered into the A&R Intermediation Agreements that contain purchase obligations for certain volumes of intermediates and refined products. The purchase obligations related to intermediates and refined products under these agreements are derivative instruments that have been designated as fair value hedges in order to hedge the commodity price volatility of certain refinery inventory. The fair value of these purchase obligation derivatives is based on market prices of the underlying intermediates and refined products. The level of activity for these derivatives is based on the level of operating inventories. As of September 30, 2017 , there were 3,306,154 barrels of intermediates and refined products ( 2,942,348 barrels at December 31, 2016 ) outstanding under these derivative instruments designated as fair value hedges. These volumes represent the notional value of the contract. The Company also enters into economic hedges primarily consisting of commodity derivative contracts that are not designated as hedges and are used to manage price volatility in certain crude oil and feedstock inventories as well as crude oil, feedstock, and refined product sales or purchases. The objective in entering into economic hedges is consistent with the objectives discussed above for fair value hedges. As of September 30, 2017 , there were 37,496,000 barrels of crude oil and 8,163,000 barrels of refined products ( 5,950,000 and 2,831,000 , respectively, as of December 31, 2016 ), outstanding under short and long term commodity derivative contracts not designated as hedges representing the notional value of the contracts. The following tables provide information about the fair values of these derivative instruments as of September 30, 2017 and December 31, 2016 and the line items in the condensed consolidated balance sheet in which the fair values are reflected. Description Balance Sheet Location Fair Value Asset/(Liability) Derivatives designated as hedging instruments: September 30, 2017: Derivatives included with the inventory intermediation agreement obligations Accrued expenses $ (20,601 ) December 31, 2016: Derivatives included with the inventory intermediation agreement obligations Accrued expenses $ 6,058 Derivatives not designated as hedging instruments: September 30, 2017: Commodity contracts Accrued expenses $ (5,016 ) December 31, 2016: Commodity contracts Accrued expenses $ 3,508 The following table provides information about the gains or losses recognized in income on these derivative instruments and the line items in the condensed consolidated statements of operations in which such gains and losses are reflected. Description Location of Gain or (Loss) Recognized in Income on Derivatives Gain or (Loss) Recognized in Income on Derivatives Derivatives designated as hedging instruments: For the three months ended September 30, 2017: Derivatives included with the inventory intermediation agreement obligations Cost of products and other $ (29,766 ) For the three months ended September 30, 2016: Derivatives included with the inventory intermediation agreement obligations Cost of products and other $ (3,145 ) For the nine months ended September 30, 2017: Derivatives included with the inventory intermediation agreement obligations Cost of products and other $ (26,659 ) For the nine months ended September 30, 2016: Derivatives included with the inventory intermediation agreement obligations Cost of products and other $ (29,317 ) Derivatives not designated as hedging instruments: For the three months ended September 30, 2017: Commodity contracts Cost of products and other $ (17,291 ) For the three months ended September 30, 2016: Commodity contracts Cost of products and other $ (15,559 ) For the nine months ended September 30, 2017: Commodity contracts Cost of products and other $ (2,606 ) For the nine months ended September 30, 2016: Commodity contracts Cost of products and other $ (54,646 ) Hedged items designated in fair value hedges: For the three months ended September 30, 2017: Intermediate and refined product inventory Cost of products and other $ 29,766 For the three months ended September 30, 2016: Intermediate and refined product inventory Cost of products and other $ 3,145 For the nine months ended September 30, 2017: Intermediate and refined product inventory Cost of products and other $ 26,659 For the nine months ended September 30, 2016: Intermediate and refined product inventory Cost of products and other $ 29,317 The Company had no ineffectiveness related to the Company’s fair value hedges for the three and nine months ended September 30, 2017 or 2016 .

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	9 Months Ended
	Sep. 30, 2017
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	SUBSEQUENT EVENTS Dividend Declared On November 2, 2017, PBF Energy, PBF Holding’s indirect parent, announced a dividend of $0.30 per share on its outstanding Class A common stock. The dividend is payable on November 29, 2017 to PBF Energy Class A common stockholders of record at the close of business on November 13, 2017.

CONDENSED CONSOLIDATING FINANCI

CONDENSED CONSOLIDATING FINANCIAL STATEMENTS OF PBF HOLDINGS	9 Months Ended
	Sep. 30, 2017
Condensed Financial Information of Subsidiary Disclosure [Abstract]
CONDENSED CONSOLIDATING FINANCIAL STATEMENTS OF PBF HOLDINGS	CONSOLIDATING FINANCIAL STATEMENTS OF PBF HOLDING PBF Services Company, Delaware City Refining Company LLC, PBF Power Marketing LLC, Paulsboro Refining Company LLC, Toledo Refining Company LLC, Chalmette Refining, L.L.C., PBF Energy Western Region LLC, Torrance Refining Company LLC, Torrance Logistics Company LLC and PBF Investments LLC are 100% owned subsidiaries of PBF Holding and serve as guarantors of the obligations under the senior notes. These guarantees are full and unconditional and joint and several. For purposes of the following footnote, PBF Holding is referred to as “Issuer”. The indentures dated November 24, 2015 and May 30, 2017, among PBF Holding, PBF Finance, the guarantors party thereto and Wilmington Trust, National Association, governs subsidiaries designated as “Guarantor Subsidiaries”. PBF International Inc., PBF Energy Limited, PBF Transportation Company LLC, PBF Rail Logistics Company LLC, Chalmette Logistics Company LLC, MOEM Pipeline LLC, Collins Pipeline Company, T&M Terminal Company, TVP Holding Company LLC (“TVP Holding”), Torrance Basin Pipeline Company LLC and Torrance Pipeline Company LLC are consolidated subsidiaries of the Company that are not guarantors of the senior notes. Additionally, our 50% equity investment in Torrance Valley Pipeline Company, held by TVP Holding is included in our Non-Guarantor financial position and results of operations and cash flows as TVP Holding is not a guarantor of the senior notes. The senior notes were co-issued by PBF Finance. For purposes of the following footnote, PBF Finance is referred to as “Co-Issuer.” The Co-Issuer has no independent assets or operations. The following supplemental combining and condensed consolidating financial information reflects the Issuer’s separate accounts, the combined accounts of the Guarantor Subsidiaries and the Non-Guarantor Subsidiaries, the combining and consolidating adjustments and eliminations and the Issuer’s consolidated accounts for the dates and periods indicated. For purposes of the following combining and consolidating information, the Issuer’s investment in its subsidiaries and the Guarantor subsidiaries’ investments in their subsidiaries are accounted for under the equity method of accounting. CONSOLIDATING FINANCIAL STATEMENTS OF PBF HOLDING CONDENSED CONSOLIDATING BALANCE SHEET (UNAUDITED) September 30, 2017 Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Combining and Consolidating Adjustments Total ASSETS Current assets: Cash and cash equivalents $ 200,136 $ 9,124 $ 32,485 $ — $ 241,745 Accounts receivable 718,960 9,781 46,166 — 774,907 Accounts receivable - affiliate 1,392 17,946 600 — 19,938 Affiliate notes receivable — 11,600 — — 11,600 Inventories 2,064,678 — 246,014 — 2,310,692 Prepaid expense and other current assets 23,245 21,194 — — 44,439 Due from related parties 27,591,736 22,923,564 6,144,950 (56,660,250 ) — Total current assets 30,600,147 22,993,209 6,470,215 (56,660,250 ) 3,403,321 Property, plant and equipment, net 23,884 2,543,193 238,072 — 2,805,149 Investment in subsidiaries — 429,035 — (429,035 ) — Investment in equity method investee — — 172,752 — 172,752 Deferred charges and other assets, net 27,934 773,447 34 — 801,415 Total assets $ 30,651,965 $ 26,738,884 $ 6,881,073 $ (57,089,285 ) $ 7,182,637 LIABILITIES AND EQUITY Current liabilities: Accounts payable $ 310,158 $ 112,773 $ 18,552 $ — $ 441,483 Accounts payable - affiliate 34,815 1,327 (97 ) — 36,045 Accrued expenses 1,467,974 125,490 216,107 — 1,809,571 Deferred revenue 3,214 74 8 — 3,296 Due to related parties 23,949,841 26,558,885 6,151,524 (56,660,250 ) — Notes payable — 6,831 — — 6,831 Total current liabilities 25,766,002 26,805,380 6,386,094 (56,660,250 ) 2,297,226 Long-term debt 1,548,591 46,938 29,672 — 1,625,201 Deferred tax liabilities — — 46,340 — 46,340 Other long-term liabilities 27,906 181,293 4,145 — 213,344 Investment in subsidiaries 308,940 — — (308,940 ) — Total liabilities 27,651,439 27,033,611 6,466,251 (56,969,190 ) 4,182,111 Commitments and contingencies (Note 9) Equity: Member’s equity 2,352,772 1,723,480 357,332 (2,080,812 ) 2,352,772 Retained earnings / (accumulated deficit) 659,891 (2,022,858 ) 57,490 1,965,368 659,891 Accumulated other comprehensive loss (25,024 ) (8,236 ) — 8,236 (25,024 ) Total PBF Holding Company LLC equity 2,987,639 (307,614 ) 414,822 (107,208 ) 2,987,639 Noncontrolling interest 12,887 12,887 — (12,887 ) 12,887 Total equity 3,000,526 (294,727 ) 414,822 (120,095 ) 3,000,526 Total liabilities and equity $ 30,651,965 $ 26,738,884 $ 6,881,073 $ (57,089,285 ) $ 7,182,637 14. CONDENSED CONSOLIDATING FINANCIAL STATEMENTS OF PBF HOLDING CONDENSED CONSOLIDATING BALANCE SHEET (UNAUDITED) December 31, 2016 Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Combining and Consolidating Adjustments Total ASSETS Current assets: Cash and cash equivalents $ 530,085 $ 56,717 $ 41,366 $ (1,463 ) $ 626,705 Accounts receivable 599,147 7,999 8,735 — 615,881 Accounts receivable - affiliate 2,432 4,504 695 — 7,631 Inventories 1,680,058 — 183,502 — 1,863,560 Prepaid expense and other current assets 27,443 12,933 160 — 40,536 Due from related parties 24,141,120 21,883,569 4,692,799 (50,717,488 ) — Total current assets 26,980,285 21,965,722 4,927,257 (50,718,951 ) 3,154,313 Property, plant and equipment, net 33,772 2,452,877 242,050 — 2,728,699 Investment in subsidiaries 705,034 440,377 — (1,145,411 ) — Investment in equity method investee — — 179,882 — 179,882 Deferred charges and other assets, net 12,317 491,673 13 — 504,003 Total assets $ 27,731,408 $ 25,350,649 $ 5,349,202 $ (51,864,362 ) $ 6,566,897 LIABILITIES AND EQUITY Current liabilities: Accounts payable $ 360,260 $ 157,277 $ 14,291 $ (1,463 ) $ 530,365 Accounts payable - affiliate 37,077 786 — — 37,863 Accrued expenses 1,094,581 201,935 166,213 — 1,462,729 Deferred revenue 10,901 1,438 1 — 12,340 Due to related parties 22,027,065 24,031,520 4,658,903 (50,717,488 ) — Total current liabilities 23,529,884 24,392,956 4,839,408 (50,718,951 ) 2,043,297 Long-term debt 1,496,085 45,908 34,566 — 1,576,559 Affiliate notes payable 86,298 — — — 86,298 Deferred tax liabilities — — 45,699 — 45,699 Other long-term liabilities 30,208 192,204 3,699 — 226,111 Total liabilities 25,142,475 24,631,068 4,923,372 (50,718,951 ) 3,977,964 Commitments and contingencies (Note 9) Equity: Member’s equity 2,155,863 1,714,997 374,067 (2,089,064 ) 2,155,863 Retained earnings / (accumulated deficit) 446,519 (999,693 ) 51,763 947,930 446,519 Accumulated other comprehensive loss (25,962 ) (8,236 ) — 8,236 (25,962 ) Total PBF Holding Company LLC equity 2,576,420 707,068 425,830 (1,132,898 ) 2,576,420 Noncontrolling interest 12,513 12,513 — (12,513 ) 12,513 Total equity 2,588,933 719,581 425,830 (1,145,411 ) 2,588,933 Total liabilities and equity $ 27,731,408 $ 25,350,649 $ 5,349,202 $ (51,864,362 ) $ 6,566,897 CONSOLIDATING FINANCIAL STATEMENTS OF PBF HOLDING CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) (UNAUDITED) Three Months Ended September 30, 2017 Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Combining and Consolidating Adjustments Total Revenues $ 5,410,245 $ 223,582 $ 536,386 $ (694,397 ) $ 5,475,816 Cost and expenses: Cost of products and other 4,483,164 85,031 538,011 (694,397 ) 4,411,809 Operating expenses (excluding depreciation and amortization expense as reflected below) 289 380,951 8,351 — 389,591 Depreciation and amortization expense — 68,419 1,919 — 70,338 Cost of sales 4,483,453 534,401 548,281 (694,397 ) 4,871,738 General and administrative expenses (excluding depreciation and amortization expense as reflected below) 49,880 4,959 (146 ) — 54,693 Depreciation and amortization expense 2,572 — — — 2,572 Equity income in investee — — (3,799 ) — (3,799 ) Loss on sale of assets — 28 — — 28 Total cost and expenses 4,535,905 539,388 544,336 (694,397 ) 4,925,232 Income (loss) from operations 874,340 (315,806 ) (7,950 ) — 550,584 Other income (expenses): Equity in earnings (loss) of subsidiaries (319,568 ) 2,467 — 317,101 — Change in fair value of catalyst leases — 473 — — 473 Debt extinguishment costs — — — — — Interest expense, net (28,692 ) (305 ) (272 ) — (29,269 ) Income (loss) before income taxes 526,080 (313,171 ) (8,222 ) 317,101 521,788 Income tax benefit — — (4,292 ) — (4,292 ) Net income (loss) 526,080 (313,171 ) (3,930 ) 317,101 526,080 Less: net loss attributable to noncontrolling interests (6 ) (6 ) — 6 (6 ) Net income (loss) attributable to PBF Holding Company LLC $ 526,086 $ (313,165 ) $ (3,930 ) $ 317,095 $ 526,086 Comprehensive income (loss) attributable to PBF Holding Company LLC $ 526,373 $ (313,165 ) $ (3,930 ) $ 317,095 $ 526,373 14. CONDENSED CONSOLIDATING FINANCIAL STATEMENTS OF PBF HOLDING CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) (UNAUDITED) Three Months Ended September 30, 2016 Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Combining and Consolidating Adjustments Total Revenues $ 4,488,925 $ 441,554 $ 345,215 $ (767,081 ) $ 4,508,613 Cost and expenses: Cost of products and other 3,914,018 428,587 328,734 (767,081 ) 3,904,258 Operating expenses (excluding depreciation and amortization expense as reflected below) 25 385,761 18,259 — 404,045 Depreciation and amortization expense — 47,471 3,865 — 51,336 Cost of sales 3,914,043 861,819 350,858 (767,081 ) 4,359,639 General and administrative expenses (excluding depreciation and amortization expense as reflected below) 34,820 4,312 780 — 39,912 Depreciation and amortization expense 1,342 — — — 1,342 Equity income in investee — — (1,621 ) — (1,621 ) Loss on sale of assets 2,418 73 5,668 — 8,159 Total cost and expenses 3,952,623 866,204 355,685 (767,081 ) 4,407,431 Income (loss) from operations 536,302 (424,650 ) (10,470 ) — 101,182 Other income (expenses): Equity in earnings (loss) of subsidiaries (438,249 ) — — 438,249 — Change in fair value of catalyst leases — 77 — — 77 Interest expense, net (32,982 ) (447 ) (467 ) — (33,896 ) Income (loss) before income taxes 65,071 (425,020 ) (10,937 ) 438,249 67,363 Income tax expense — — 2,291 — 2,291 Net income (loss) 65,071 (425,020 ) (13,228 ) 438,249 65,072 Less: net income attributable to noncontrolling interests 45 45 — (45 ) 45 Net income (loss) attributable to PBF Holding Company LLC $ 65,026 $ (425,065 ) $ (13,228 ) $ 438,294 $ 65,027 Comprehensive income (loss) attributable to PBF Holding Company LLC $ 65,452 $ (425,065 ) $ (13,228 ) $ 438,294 $ 65,453 14. CONDENSED CONSOLIDATING FINANCIAL STATEMENTS OF PBF HOLDING CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) (UNAUDITED) Nine Months Ended September 30, 2017 Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Combining and Consolidating Adjustments Total Revenues $ 15,064,488 $ 983,917 $ 1,578,553 $ (2,387,693 ) $ 15,239,265 Cost and expenses: Cost of products and other 13,547,358 615,093 1,551,638 (2,387,693 ) 13,326,396 Operating expenses (excluding depreciation and amortization expense as reflected below) (42 ) 1,200,370 24,686 — 1,225,014 Depreciation and amortization expense — 175,543 5,695 — 181,238 Cost of sales 13,547,316 1,991,006 1,582,019 (2,387,693 ) 14,732,648 General and administrative expenses (excluding depreciation and amortization expense as reflected below) 112,418 18,410 (736 ) — 130,092 Depreciation and amortization expense 10,355 — — — 10,355 Equity income in investee — — (11,218 ) — (11,218 ) Loss on sale of assets — 940 — — 940 Total cost and expenses 13,670,089 2,010,356 1,570,065 (2,387,693 ) 14,862,817 Income (loss) from operations 1,394,399 (1,026,439 ) 8,488 — 376,448 Other income (expenses): Equity in earnings (loss) of subsidiaries (1,022,866 ) 5,802 — 1,017,064 — Change in fair value of catalyst leases (1,011 ) — — (1,011 ) Debt extinguishment costs (25,451 ) — — — (25,451 ) Interest expense, net (90,918 ) (1,143 ) (721 ) — (92,782 ) Income (loss) before income taxes 255,164 (1,022,791 ) 7,767 1,017,064 257,204 Income tax expense — — 2,040 — 2,040 Net income (loss) 255,164 (1,022,791 ) 5,727 1,017,064 255,164 Less: net income attributable to noncontrolling interests 374 374 — (374 ) 374 Net income (loss) attributable to PBF Holding Company LLC $ 254,790 $ (1,023,165 ) $ 5,727 $ 1,017,438 $ 254,790 Comprehensive income (loss) attributable to PBF Holding Company LLC $ 255,728 $ (1,023,165 ) $ 5,727 $ 1,017,438 $ 255,728 14. CONDENSED CONSOLIDATING FINANCIAL STATEMENTS OF PBF HOLDING CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) (UNAUDITED) Nine Months Ended September 30, 2016 Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Combining and Consolidating Adjustments Total Revenues $ 11,119,301 $ 586,336 $ 1,005,656 $ (1,546,722 ) $ 11,164,571 Cost and expenses: Cost of products and other 9,653,945 532,040 995,726 (1,546,722 ) 9,634,989 Operating expenses (excluding depreciation and amortization expense as reflected below) (375 ) 948,403 24,195 — 972,223 Depreciation and amortization expense — 143,994 7,479 — 151,473 Cost of sales 9,653,570 1,624,437 1,027,400 (1,546,722 ) 10,758,685 General and administrative expenses (excluding depreciation and amortization expense as reflected below) 92,126 20,372 (1,226 ) — 111,272 Depreciation and amortization expense 4,417 — — — 4,417 Equity income in investee — — (1,621 ) — (1,621 ) Loss on sale of assets 2,418 97 8,866 — 11,381 Total cost and expenses 9,752,531 1,644,906 1,033,419 (1,546,722 ) 10,884,134 Income (loss) from operations 1,366,770 (1,058,570 ) (27,763 ) — 280,437 Other income (expenses): Equity in earnings (loss) of subsidiaries (1,123,054 ) — — 1,123,054 — Change in fair value of catalyst leases — (4,556 ) — — (4,556 ) Interest expense, net (95,568 ) (1,289 ) (1,589 ) — (98,446 ) Income (loss) before income taxes 148,148 (1,064,415 ) (29,352 ) 1,123,054 177,435 Income tax expense — — 29,287 — 29,287 Net income (loss) 148,148 (1,064,415 ) (58,639 ) 1,123,054 148,148 Less: net income attributable to noncontrolling interests 438 438 — (438 ) 438 Net income (loss) attributable to PBF Holding Company LLC $ 147,710 $ (1,064,853 ) $ (58,639 ) $ 1,123,492 $ 147,710 Comprehensive income (loss) attributable to PBF Holding Company LLC $ 149,173 $ (1,064,853 ) $ (58,639 ) $ 1,123,492 $ 149,173 CONSOLIDATING FINANCIAL STATEMENTS OF PBF HOLDING CONDENSED CONSOLIDATING STATEMENT OF CASH FLOW (UNAUDITED) Nine Months Ended September 30, 2017 Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Combining and Consolidating Adjustments Total Cash flows from operating activities: Net income (loss) $ 255,164 $ (1,022,791 ) $ 5,727 $ 1,017,064 $ 255,164 Adjustments to reconcile net income (loss) to net cash (used in) provided by operations: Depreciation and amortization 15,746 175,859 5,760 — 197,365 Stock-based compensation — 13,549 — — 13,549 Change in fair value of catalyst leases — 1,011 — — 1,011 Deferred income taxes — — 641 — 641 Non-cash lower of cost or market inventory adjustment (97,943 ) — — — (97,943 ) Non-cash change in inventory repurchase obligations (26,659 ) — — — (26,659 ) Debt extinguishment costs 25,451 — — — 25,451 Pension and other post-retirement benefit costs 4,956 26,726 — — 31,682 (Income) from equity method investee — (11,218 ) — (11,218 ) Distributions from equity method investee — — 16,897 — 16,897 Loss on sale of assets — 940 — — 940 Equity in earnings (loss) of subsidiaries 1,022,866 (5,802 ) — (1,017,064 ) — Changes in operating assets and liabilities: Accounts receivable (119,813 ) (1,782 ) (37,431 ) — (159,026 ) Due to/from affiliates (1,494,632 ) 1,451,846 40,468 — (2,318 ) Inventories (286,677 ) — (62,512 ) — (349,189 ) Prepaid expense and other current assets 4,200 (8,467 ) 160 — (4,107 ) Accounts payable (50,102 ) (58,691 ) 4,261 1,463 (103,069 ) Accrued expenses 365,132 (13,352 ) 49,894 — 401,674 Deferred revenue (7,687 ) (1,364 ) 7 — (9,044 ) Other assets and liabilities (14,472 ) (26,189 ) (16,726 ) — (57,387 ) Net cash (used in) provided by operations (404,470 ) 531,493 (4,072 ) 1,463 124,414 Cash flows from investing activities: Expenditures for property, plant and equipment (847 ) (210,076 ) (301 ) — (211,224 ) Expenditures for deferred turnaround costs — (341,598 ) — — (341,598 ) Expenditures for other assets — (31,096 ) — — (31,096 ) Equity method investment - return of capital — — 451 — 451 Due to/from affiliates (3,684 ) — — 3,684 — Net cash (used in) provided by investing activities (4,531 ) (582,770 ) 150 3,684 (583,467 ) Cash flows from financing activities: Contributions from PBF LLC 97,000 — — — 97,000 Distribution to members (39,315 ) — — — (39,315 ) Proceeds from 2025 7.25% Senior Notes 725,000 — — — 725,000 Cash paid to extinguish 2020 8.25% Senior Secured Notes (690,209 ) — — — (690,209 ) Repayments of PBF Rail Term Loan — — (4,959 ) — (4,959 ) Proceeds from revolver borrowings 490,000 — — — 490,000 Repayments of revolver borrowings (490,000 ) — — — (490,000 ) Due to/from affiliates — 3,684 — (3,684 ) — Deferred financing costs and other (13,424 ) — — — (13,424 ) Net cash provided by (used in) financing activities 79,052 3,684 (4,959 ) (3,684 ) 74,093 Net decrease in cash and cash equivalents (329,949 ) (47,593 ) (8,881 ) 1,463 (384,960 ) Cash and cash equivalents, beginning of period 530,085 56,717 41,366 (1,463 ) 626,705 Cash and cash equivalents, end of period $ 200,136 $ 9,124 $ 32,485 $ — $ 241,745 14. CONDENSED CONSOLIDATING FINANCIAL STATEMENTS OF PBF HOLDING CONDENSED CONSOLIDATING STATEMENT OF CASH FLOW (UNAUDITED) Nine Months Ended September 30, 2016 Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Combining and Consolidating Adjustments Total Cash flows from operating activities: Net income (loss) $ 148,148 $ (1,064,415 ) $ (58,639 ) $ 1,123,054 $ 148,148 Adjustments to reconcile net income (loss) to net cash (used in) provided by operations: Depreciation and amortization 10,828 144,011 7,726 — 162,565 Stock-based compensation — 12,658 — — 12,658 Change in fair value of catalyst leases — 4,556 — — 4,556 Deferred income taxes — — 27,813 — 27,813 Non-cash lower of cost or market inventory adjustment (320,833 ) — — — (320,833 ) Non-cash change in inventory repurchase obligations 29,317 — — — 29,317 Pension and other post-retirement benefit costs 5,249 20,645 — — 25,894 Equity income in investee — — (1,621 ) — (1,621 ) Loss on sale of assets 2,418 97 8,866 — 11,381 Equity in earnings of subsidiaries 1,123,054 — — (1,123,054 ) — Changes in operating assets and liabilities: Accounts receivable (205,816 ) 3,695 7,223 — (194,898 ) Due to/from affiliates (1,624,741 ) 1,588,690 44,245 — 8,194 Inventories 56,792 — (2,740 ) — 54,052 Prepaid expense and other current assets (6,330 ) (11,768 ) (2,105 ) — (20,203 ) Accounts payable 37,074 16,943 (5,126 ) 1,406 50,297 Accrued expenses 661,974 (353,030 ) (897 ) — 308,047 Deferred revenue 6,559 — 1,470 — 8,029 Other assets and liabilities (7,573 ) (14,210 ) (97 ) — (21,880 ) Net cash (used in) provided by operations (83,880 ) 347,872 26,118 1,406 291,516 Cash flows from investing activities: Acquisition of Torrance refinery and related logistic assets (971,932 ) — — — (971,932 ) Expenditures for property, plant and equipment (16,244 ) (172,174 ) 675 — (187,743 ) Expenditures for deferred turnaround costs — (138,936 ) — — (138,936 ) Expenditures for other assets — (27,735 ) — — (27,735 ) Investment in subsidiaries 12,800 — — (12,800 ) — Chalmette Acquisition working capital settlement — (2,659 ) — — (2,659 ) Proceeds from sale of assets — — 13,030 — 13,030 Net cash provided by (used in) investing activities (975,376 ) (341,504 ) 13,705 (12,800 ) (1,315,975 ) Cash flows from financing activities: Proceeds from catalyst lease — 7,927 — — 7,927 Distributions to Parent — — (12,800 ) 12,800 — Contributions from PBF LLC related to TVPC 175,000 — — — 175,000 Distributions to members (92,503 ) — — — (92,503 ) Proceeds from affiliate notes payable 635 — — — 635 Repayment of affiliate notes payable (517 ) — — — (517 ) Repayment of Rail Facility revolver borrowings — — (11,457 ) — (11,457 ) Proceeds from revolver borrowings 550,000 — — — 550,000 Net cash provided by (used in) financing activities 632,615 7,927 (24,257 ) 12,800 629,085 Net (decrease) increase in cash and cash equivalents (426,641 ) 14,295 15,566 1,406 (395,374 ) Cash and cash equivalents, beginning of period 882,820 6,236 28,968 (3,275 ) 914,749 Cash and cash equivalents, end of period $ 456,179 $ 20,531 $ 44,534 $ (1,869 ) $ 519,375

DESCRIPTION OF THE BUSINESS A20

DESCRIPTION OF THE BUSINESS AND BASIS OF PRESENTATION (Policies)	9 Months Ended
	Sep. 30, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Cost Classification Policy [Text Block]	Cost Classifications Cost of products and other consists of the cost of crude oil, other feedstocks, blendstocks and purchased refined products and the related in-bound freight and transportation costs. Operating expenses (excluding depreciation and amortization) consists of direct costs of labor, maintenance and services, utilities, property taxes, environmental compliance costs and other direct operating costs incurred in connection with our refining operations. Such expenses exclude depreciation related to refining and logistics assets that are integral to the refinery production process, which is presented separately as Depreciation and amortization expense as a component of Cost of sales on the Company’s condensed consolidated statements of operations.
Reclassifications [Text Block]	Reclassification Certain amounts previously reported in the Company's condensed consolidated financial statements for prior periods have been reclassified to conform to the 2017 presentation. These reclassifications, in addition to the changes in “Cost and expenses” described above, include certain details about accrued expenses in that footnote.
New Accounting Pronouncements	Recently Adopted Accounting Guidance Effective January 1, 2017, the Company adopted Accounting Standard Update (“ASU”) No. 2016-06, “Derivatives and Hedging (Topic 815): Contingent Put and Call Options in Debt Instruments (a consensus of the FASB Emerging Issues Task Force)” (“ASU 2016-06”). ASU 2016-6 was issued in March 2016 by the Financial Accounting Standards Board (“FASB”) to increase consistency in practice in applying guidance on determining if an embedded derivative is clearly and closely related to the economic characteristics of the host contract, specifically for assessing whether call (put) options that can accelerate the repayment of principal on a debt instrument meet the clearly and closely related criterion. The Company’s adoption of this guidance did not materially impact its consolidated financial statements. Effective January 1, 2017, the Company adopted ASU No. 2016-09, “Compensation - Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting” (“ASU 2016-09”). ASU 2016-09 was issued by the FASB in March 2016 to simplify certain aspects of the accounting for share-based payments to employees. The guidance in ASU 2016-09 requires all income tax effects of awards to be recognized in the income statement when the awards vest or are settled rather than recording excess tax benefits or deficiencies in additional paid-in capital. The guidance in ASU 2016-09 also allows an employer to repurchase more of an employee’s shares than it could prior to its adoption for tax withholding purposes without triggering liability accounting and to make a policy election to account for forfeitures as they occur. The Company’s adoption of this guidance did not materially impact its consolidated financial statements. Effective January 1, 2017, the Company adopted ASU No. 2016-17, “Consolidation (Topic 810): Interests Held through Related Parties That Are under Common Control” (“ASU 2016-17”). ASU 2016-17 was issued by the FASB in October 2016 to amend the consolidation guidance on how a reporting entity that is the single decision maker of a variable interest entity (“VIE”) should treat indirect interests in the entity held through related parties that are under common control with the reporting entity when determining whether it is the primary beneficiary of that VIE. The amendments in this ASU do not change the characteristics of a primary beneficiary in current GAAP. The amendments in this ASU require that a reporting entity, in determining whether it satisfies the second characteristic of a primary beneficiary, include all of its direct variable interests in a VIE and, on a proportionate basis, its indirect variable interests in a VIE held through related parties, including related parties that are under common control with the reporting entity. The Company’s adoption of this guidance did not materially impact its consolidated financial statements. In January 2017, the FASB issued ASU No. 2017-01, “Business Combinations (Topic 805): Clarifying the Definition of a Business” (“ASU 2017-01”), which provides guidance to assist entities with evaluating when a set of transferred assets and activities is a business. Under ASU 2017-01, it is expected that the definition of a business will be narrowed and more consistently applied. ASU 2017-01 is effective for annual periods beginning after December 15, 2017, including interim periods within those periods. The amendments in this ASU should be applied prospectively on or after the effective date. Early adoption of ASU 2017-01 is permitted and the Company early adopted the new standard in its consolidated financial statements and related disclosures effective January 1, 2017. The Company’s adoption of this guidance did not materially impact its consolidated financial statements. Recent Accounting Pronouncements In August 2015, the FASB issued ASU No. 2015-14, “Revenue from Contracts with Customers (Topic 606): Deferral of the Effective Date” (“ASU 2015-14”), which defers the effective date of ASU 2014-09, “Revenue from Contracts with Customers” (“ASU 2014-09”) for all entities by one year. Additional ASUs have been issued in 2016 and 2017 that provide certain implementation guidance related to ASU 2014-09 (collectively, the Company refers to ASU 2014-09 and these additional ASUs as the “Updated Revenue Recognition Guidance”). The Updated Revenue Recognition Guidance will replace most existing revenue recognition guidance in GAAP when it becomes effective. Under ASU 2015-14, this guidance becomes effective for interim and annual periods beginning after December 15, 2017 and permits the use of either the retrospective or modified retrospective transition method. Under ASU 2015-14, early adoption is permitted only as of annual reporting periods beginning after December 15, 2016, including interim reporting periods within that reporting period. The Company has established a working group to assess the Updated Revenue Recognition Guidance, including its impact on the Company’s business processes, accounting systems, controls and financial statement disclosures. The Company will adopt this new standard effective January 1, 2018, using the modified retrospective application. Under that method, the cumulative effect of initially applying the standard is recognized as an adjustment to the opening balance of retained earnings, and revenues reported in the periods prior to the date of adoption are not changed. The working group is progressing through its implementation plan and continues to evaluate the impact of this new standard on the Company’s consolidated financial statements and related disclosures. Additionally, the Company has begun training the relevant staff at its corporate headquarters and refineries on the Updated Revenue Recognition Guidance, including the potential impacts on internal reporting and disclosure requirements. Although the Company’s analysis of the new standard is still in process and interpretative and industry specific guidance is still developing, based on the results to date, we have reached tentative conclusions for most contract types and do not believe revenue recognition patterns will change materially. However, it is expected that the new standard will have some impact on presentation and disclosures in its financial statements and internal controls. In February 2016, the FASB issued ASU No. 2016-02, “Leases (Topic 842)” (“ASU 2016-02”), to increase the transparency and comparability about leases among entities. The new guidance requires lessees to recognize a lease liability and a corresponding lease asset for virtually all lease contracts. It also requires additional disclosures about leasing arrangements. ASU 2016-02 is effective for interim and annual periods beginning after December 15, 2018, and requires a modified retrospective approach to adoption. Early adoption is permitted. The Company has established a working group to study and lead implementation of the new guidance in ASU 2016-02. This working group was formed during 2016 and has begun the process of compiling a central repository for all leases entered into by the Company and its subsidiaries for further analysis as the implementation project progresses. The Company will not early adopt this new guidance. The working group continues to evaluate the impact of this new standard on its consolidated financial statements and related disclosures. At this time, the Company has identified that the most significant impacts of this new guidance will be to bring nearly all leases on its balance sheet with “right of use assets” and “lease obligation liabilities” as well as accelerating the interest expense component of financing leases. While the assessment of the impacts arising from this standard is progressing, it remains in its early stages. Accordingly, the Company has not fully determined the impacts on its business processes, controls or financial statement disclosures. In March 2017, the FASB issued ASU No. 2017-07, “Compensation—Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost” (“ASU 2017-07”), which provides guidance to improve the reporting of net benefit cost in the income statement and on the components eligible for capitalization in assets. Under the new guidance, employers will present the service cost component of net periodic benefit cost in the same income statement line item(s) as other employee compensation costs arising from services rendered during the period. Only the service cost component will be eligible for capitalization in assets. Additionally, under this guidance, employers will present the other components of the net periodic benefit cost separately from the line item(s) that includes the service cost and outside of any subtotal of operating income, if one is presented. These components will not be eligible for capitalization in assets. Employers will apply the guidance on the presentation of the components of net periodic benefit cost in the income statement retrospectively. The guidance limiting the capitalization of net periodic benefit cost in assets to the service cost component will be applied prospectively. The guidance includes a practical expedient allowing entities to estimate amounts for comparative periods using the information previously disclosed in their pension and other postretirement benefit plan note to the financial statements. The amendments in this ASU are effective for annual periods beginning after December 15, 2017, including interim periods within those annual periods. The Company does not expect the adoption of this new standard to have a material impact on its consolidated financial statements and related disclosures. In May 2017, the FASB issued ASU No. 2017-09, “Compensation—Stock Compensation (Topic 718): Scope of Modification Accounting” (“ASU 2017-09”), which provides guidance to increase clarity and reduce both diversity in practice and cost and complexity when applying the existing accounting guidance on changes to the terms or conditions of a share-based payment award. The amendments in ASU 2017-09 require an entity to account for the effects of a modification unless all the following are met: (i) the fair value of the modified award is the same as the fair value of the original award immediately before the original award is modified; (ii) the vesting conditions of the modified award are the same as the vesting conditions of the original award immediately before the original award is modified; and (iii) the classification of the modified award as an equity instrument or a liability instrument is the same as the classification of the original award immediately before the original award is modified. The guidance in ASU 2017-09 should be applied prospectively. The amendments in this ASU are effective for annual periods beginning after December 15, 2017, including interim periods within those annual periods. The Company will apply the guidance prospectively for any modifications to its stock compensation plans occurring after the effective date of the new standard. In August 2017, the FASB issued ASU No. 2017-12, “Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities” (“ASU 2017-12”). The amendments in ASU 2017-12 more closely align the results of cash flow and fair value hedge accounting with risk management activities through changes to both the designation and measurement guidance for qualifying hedging relationships and the presentation of hedge results in the financial statements. The amendments in ASU 2017-12 address specific limitations in current GAAP by expanding hedge accounting for both nonfinancial and financial risk components and by refining the measurement of hedge results to better reflect an entity’s hedging strategies. Thus, the amendments in ASU 2017-12 will enable an entity to better portray the economic results of hedging activities for certain fair value and cash flow hedges and will avoid mismatches in earnings by allowing for greater precision when measuring changes in fair value of the hedged item for certain fair value hedges. Additionally, by aligning the timing of recognition of hedge results with the earnings effect of the hedged item for cash flow and net investment hedges, and by including the earnings effect of the hedging instrument in the same income statement line item in which the earnings effect of the hedged item is presented, the results of an entity’s hedging program and the cost of executing that program will be more visible to users of financial statements. The guidance in ASU 2017-12 concerning amendments to cash flow and net investment hedge relationships that exist on the date of adoption should be applied using a modified retrospective approach (i.e., with a cumulative effect adjustment recorded to the opening balance of retained earnings as of the initial application date). The guidance in ASU 2017-12 also provides transition relief to make it easier for entities to apply certain amendments to existing hedges (including fair value hedges) where the hedge documentation needs to be modified. The presentation and disclosure requirements of ASU 2017-12 should be applied prospectively. The amendments in this ASU are effective for annual periods beginning after December 15, 2018, including interim periods within those annual periods. The Company is currently evaluating the impact of this new standard on its consolidated financial statements and related disclosures.

DESCRIPTION OF THE BUSINESS A21

DESCRIPTION OF THE BUSINESS AND BASIS OF PRESENTATION Change in presentation (Tables)	9 Months Ended
	Sep. 30, 2017
Change in presentation [Abstract]
Schedule of Change in Presentation [Table Text Block]	Three Months ended September 30, 2016 As Previously Reported Adjustments As Reclassified Cost and expenses: Cost of products and other $ 3,904,258 — $ 3,904,258 Operating expenses (excluding depreciation and amortization expense as reflected below) 404,045 — 404,045 Depreciation and amortization expense — 51,336 51,336 Cost of sales 4,359,639 General and administrative expenses (excluding depreciation and amortization expense as reflected below) 39,912 — 39,912 Depreciation and amortization expense 52,678 (51,336) 1,342 Equity income in investee (1,621) — (1,621) Loss on sale of assets 8,159 — 8,159 Total cost and expenses $ 4,407,431 $ 4,407,431 Nine Months ended September 30, 2016 As Previously Reported Adjustments As Reclassified Cost and expenses: Cost of products and other $ 9,634,989 — $ 9,634,989 Operating expenses (excluding depreciation and amortization expense as reflected below) 972,223 — 972,223 Depreciation and amortization expense — 151,473 151,473 Cost of sales 10,758,685 General and administrative expenses (excluding depreciation and amortization expense as reflected below) 111,272 — 111,272 Depreciation and amortization expense 155,890 (151,473) 4,417 Equity income in investee (1,621) — (1,621) Loss on sale of assets 11,381 — 11,381 Total cost and expenses $ 10,884,134 $ 10,884,134

ACQUISITIONS (Tables)

ACQUISITIONS (Tables)	9 Months Ended
	Sep. 30, 2017
Business Combinations [Abstract]
Schedule of purchase consideration given	The total purchase consideration and the fair values of the assets and liabilities at the acquisition date were as follows: Purchase Price Gross purchase price $ 537,500 Working capital 450,582 Post close purchase price adjustments (16,150 ) Total consideration $ 971,932
Schedule of assets acquired and liabilities assumed	The following table summarizes the amounts recognized for assets acquired and liabilities assumed as of the acquisition date: Fair Value Allocation Inventories $ 404,542 Prepaid expenses and other current assets 982 Property, plant and equipment 704,633 Deferred charges and other assets, net 68,053 Accounts payable (2,688 ) Accrued expenses (64,137 ) Other long-term liabilities (139,453 ) Fair value of net assets acquired $ 971,932
Schedule of pro forma information	Nine Months Ended September 30, 2016 Pro forma revenues $ 12,243,582 Pro forma net loss attributable to PBF Holding Company LLC $ (60,908 ) The unaudited amount of revenues and net loss above have been calculated after conforming accounting policies of the Torrance refinery and related logistics assets to those of the Company and certain one-time adjustments

INVENTORIES (Tables)

INVENTORIES (Tables)	9 Months Ended
	Sep. 30, 2017
Inventory Disclosure [Abstract]
Schedule of Inventory	Inventories consisted of the following: September 30, 2017 Titled Inventory Inventory Intermediation Arrangements Total Crude oil and feedstocks $ 1,302,162 $ — $ 1,302,162 Refined products and blendstocks 1,065,608 343,904 1,409,512 Warehouse stock and other 97,063 — 97,063 $ 2,464,833 $ 343,904 $ 2,808,737 Lower of cost or market adjustment (404,227 ) (93,818 ) (498,045 ) Total inventories $ 2,060,606 $ 250,086 $ 2,310,692 December 31, 2016 Titled Inventory Inventory Intermediation Arrangements Total Crude oil and feedstocks $ 1,102,007 $ — $ 1,102,007 Refined products and blendstocks 915,397 352,464 1,267,861 Warehouse stock and other 89,680 — 89,680 $ 2,107,084 $ 352,464 $ 2,459,548 Lower of cost or market adjustment (492,415 ) (103,573 ) (595,988 ) Total inventories $ 1,614,669 $ 248,891 $ 1,863,560

ACCRUED EXPENSES (Tables)

ACCRUED EXPENSES (Tables)	9 Months Ended
	Sep. 30, 2017
Payables and Accruals [Abstract]
Schedule of accrued expenses	Accrued expenses consisted of the following: September 30, December 31, Inventory-related accruals $ 984,702 $ 810,027 Inventory intermediation arrangements 282,640 225,524 Renewable energy credit and emissions obligations 138,717 70,158 Excise and sales tax payable 91,042 86,046 Accrued transportation costs 90,933 89,830 Customer deposits 45,548 9,215 Accrued utilities 36,274 44,190 Accrued refinery maintenance and support costs 36,098 28,670 Accrued salaries and benefits 32,709 17,466 Accrued interest 30,987 28,934 Accrued capital expenditures 18,933 33,610 Environmental liabilities 8,295 8,882 Other 12,693 10,177 Total accrued expenses $ 1,809,571 $ 1,462,729

INCOME TAXES INCOME TAX EXPENSE

INCOME TAXES INCOME TAX EXPENSE (Tables)	9 Months Ended
	Sep. 30, 2017
INCOME TAX EXPENSE [Abstract]
Schedule of components of income tax provision (benefit)	Three Months Ended Nine Months Ended 2017 2016 2017 2016 Current income tax expense $ 190 $ 389 $ 1,399 $ 1,474 Deferred income tax (benefit) expense (4,482 ) 1,902 641 27,813 Total income tax (benefit) expense $ (4,292 ) $ 2,291 $ 2,040 $ 29,287

RELATED PARTY TRANSACTIONS (Tab

RELATED PARTY TRANSACTIONS (Tables)	9 Months Ended
	Sep. 30, 2017
Related Party Transactions [Abstract]
Schedule of related party transactions	A summary of revenue and expense transactions with PBFX is as follows: Three Months Ended September 30, Nine Months Ended September 30, 2017 2016 2017 2016 Revenues under affiliate agreements: Services Agreement $ 1,639 $ 1,280 $ 4,918 $ 3,523 Omnibus Agreement 1,890 1,201 5,174 3,460 Total expenses under affiliate agreements 62,359 43,842 176,916 118,356 These commercial agreements (as defined in the table below) with PBFX include: Service Agreements Initiation Date Initial Term Renewals (a) Minimum Volume Commitments Force Majeure Transportation and Terminaling Delaware City Rail Terminaling Services Agreement 5/8/2014 7 years, 8 months 2 x 5 85,000 barrels per day (“bpd”) PBFX or PBF Holding can declare Toledo Truck Unloading & Terminaling Services Agreement 5/8/2014 7 years, 8 months 2 x 5 5,500 bpd Delaware West Ladder Rack Terminaling Services Agreement 10/1/2014 7 years, 3 months 2 x 5 40,000 bpd Toledo Storage Facility Storage and Terminaling Services Agreement- Terminaling Facility 12/12/2014 10 years 2 x 5 4,400 bpd Delaware Pipeline Services Agreement 5/15/2015 10 years, 8 months 2 x 5 50,000 bpd Delaware Pipeline Services Agreement- Magellan Connection 11/1/2016 2 years, 5 months N/A 14,500 bpd Delaware City Truck Loading Services Agreement- Gasoline 5/15/2015 10 years, 8 months 2 x 5 30,000 bpd Delaware City Truck Loading Services Agreement- LPGs 5/15/2015 10 years, 8 months 2 x 5 5,000 bpd East Coast Terminals Terminaling Services Agreements 5/1/2016 Various (f) Evergreen 15,000 bpd (e) East Coast Terminals Tank Lease Agreements 5/1/2016 Various (f) Evergreen 350,000 barrels (c) Torrance Valley Pipeline Transportation Services Agreement- North Pipeline 8/31/2016 10 years 2 x 5 50,000 bpd Torrance Valley Pipeline Transportation Services Agreement- South Pipeline 8/31/2016 10 years 2 x 5 70,000 bpd Torrance Valley Pipeline Transportation Services Agreement- Midway Storage Tank 8/31/2016 10 years 2 x 5 55,000 barrels (c) Torrance Valley Pipeline Transportation Services Agreement- Emidio Storage Tank 8/31/2016 10 years 2 x 5 900,000 barrels per month Torrance Valley Pipeline Transportation Services Agreement- Belridge Storage Tank 8/31/2016 10 years 2 x 5 770,000 barrels per month Paulsboro Natural Gas Pipeline Services Agreement (b) 8/4/2017 15 years Evergreen 60,000 dekatherms per day Toledo Terminal Services Agreement (g) 5/1/2016 1 year Evergreen N/A Storage Toledo Storage Facility Storage and Terminaling Services Agreement- Storage Facility 12/12/2014 10 years 2 x 5 3,849,271 barrels (c) PBFX or PBF Holding can declare Chalmette Storage Agreement (d) See note (d) 10 years 2 x 5 625,000 barrels ____________________ (a) PBF Holding has the option to extend the agreements for up to two additional five -year terms, as applicable. (b) In August 2017, PBFX’s new pipeline commenced service. Concurrent with the commencement of operations, a new service agreement was entered into between PBF Holding and PNGPC. (c) Reflects the overall capacity as stipulated by the storage agreement. The storage MVC is subject to effective operating capacity of each tank which can be impacted by routine tank maintenance and other factors. (d) The Chalmette Storage Agreement was entered into on February 15, 2017 but commences at the earlier of November 1, 2017 or the completion of the Chalmette Storage Tank (as defined below), which is currently expected to be completed in November 2017.

EMPLOYEE BENEFIT PLANS (Tables)

EMPLOYEE BENEFIT PLANS (Tables)	9 Months Ended
	Sep. 30, 2017
Defined Benefit Pension Plans and Defined Benefit Postretirement Plans Disclosure [Abstract]
Schedule of net periodic benefit cost	The components of net periodic benefit cost related to the Company’s defined benefit plans consisted of the following: Three Months Ended Nine Months Ended Pension Benefits 2017 2016 2017 2016 Components of net periodic benefit cost: Service cost $ 10,142 $ 10,064 $ 30,429 $ 24,743 Interest cost 1,084 772 3,252 2,323 Expected return on plan assets (1,441 ) (1,234 ) (4,325 ) (3,447 ) Amortization of prior service cost 13 13 39 39 Amortization of actuarial loss (gain) 113 328 339 716 Net periodic benefit cost $ 9,911 $ 9,943 $ 29,734 $ 24,374 Three Months Ended Nine Months Ended Post-Retirement Medical Plan 2017 2016 2017 2016 Components of net periodic benefit cost: Service cost $ 316 $ 304 $ 948 $ 743 Interest cost 172 131 516 398 Amortization of prior service cost 162 161 484 379 Amortization of actuarial loss (gain) — — — — Net periodic benefit cost $ 650 $ 596 $ 1,948 $ 1,520

FAIR VALUE MEASUREMENTS (Tables

FAIR VALUE MEASUREMENTS (Tables)	9 Months Ended
	Sep. 30, 2017
Fair Value Disclosures [Abstract]
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis	The tables below present information about the Company’s financial assets and liabilities measured and recorded at fair value on a recurring basis and indicate the fair value hierarchy of the inputs utilized to determine the fair values as of September 30, 2017 and December 31, 2016 . We have elected to offset the fair value amounts recognized for multiple derivative contracts executed with the same counterparty; however, fair value amounts by hierarchy level are presented on a gross basis in the tables below. We have posted cash margin with various counterparties to support hedging and trading activities. The cash margin posted is required by counterparties as collateral deposits and cannot be offset against the fair value of open contracts except in the event of default. We have no derivative contracts that are subject to master netting arrangements that are reflected gross on the balance sheet. As of September 30, 2017 Fair Value Hierarchy Total Gross Fair Value Effect of Counter-party Netting Net Carrying Value on Balance Sheet Level 1 Level 2 Level 3 Assets: Money market funds $ 14,458 $ — $ — $ 14,458 N/A $ 14,458 Commodity contracts 18,257 4,248 — 22,505 (22,505 ) — Liabilities: Commodity contracts 11,671 15,850 — 27,521 (22,505 ) 5,016 Catalyst lease obligations — 46,981 — 46,981 — 46,981 Derivatives included with inventory intermediation agreement obligations — 20,601 — 20,601 — 20,601 As of December 31, 2016 Fair Value Hierarchy Total Gross Fair Value Effect of Counter-party Netting Net Carrying Value on Balance Sheet Level 1 Level 2 Level 3 Assets: Money market funds $ 342,837 $ — $ — $ 342,837 N/A $ 342,837 Commodity contracts 948 35 — 983 (983 ) — Derivatives included with inventory intermediation agreement obligations — 6,058 — 6,058 — 6,058 Liabilities: Commodity contracts 859 3,548 84 4,491 (983 ) 3,508 Catalyst lease obligations — 45,969 — 45,969 — 45,969
Schedule of Effect of Significant Unobservable Inputs	The table below summarizes the changes in fair value measurements of commodity contracts categorized in Level 3 of the fair value hierarchy: Three Months Ended September 30, Nine Months Ended September 30, 2017 2016 2017 2016 Balance at beginning of period $ — $ 493 $ (84 ) $ 3,543 Purchases — — — — Settlements — (90 ) 45 (1,093 ) Unrealized gain (loss) included in earnings — (21 ) 39 (2,068 ) Transfers into Level 3 — — — — Transfers out of Level 3 — — — — Balance at end of period $ — $ 382 $ — $ 382
Schedule of Fair value of Debt	The table below summarizes the fair value and carrying value of debt as of September 30, 2017 and December 31, 2016 . September 30, 2017 December 31, 2016 Carrying value Fair value Carrying value Fair value Senior secured notes due 2020 (a) $ — $ — $ 670,867 $ 696,098 Senior notes due 2023 (a) (d) 500,000 514,575 500,000 498,801 Senior notes due 2025 (a) 725,000 740,982 — — Revolving Loan (b) 350,000 350,000 350,000 350,000 PBF Rail Term Loan (b) 30,041 30,041 35,000 35,000 Catalyst leases (c) 46,981 46,981 45,969 45,969 1,652,022 1,682,579 1,601,836 1,625,868 Less - Unamortized deferred financing costs 26,821 n/a 25,277 n/a Long-term debt $ 1,625,201 $ 1,682,579 $ 1,576,559 $ 1,625,868 (a) The estimated fair value, categorized as a Level 2 measurement, was calculated based on the present value of future expected payments utilizing implied current market interest rates based on quoted prices of the senior secured notes and senior notes. (b) The estimated fair value approximates carrying value, categorized as a Level 2 measurement, as these borrowings bear interest based upon short-term floating market interest rates. (c) Catalyst leases are valued using a market approach based upon commodity prices for similar instruments quoted in active markets and are categorized as a Level 2 measurement. The Company has elected the fair value option for accounting for its catalyst lease repurchase obligations as the Company’s liability is directly impacted by the change in fair value of the underlying catalyst. (d) As discussed in “Note 5 - Debt”, these notes became unsecured following the Collateral Fall-Away Event on May 30, 2017.

DERIVATIVES (Tables)

DERIVATIVES (Tables)	9 Months Ended
	Sep. 30, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Fair Value of Derivative Instruments	The following tables provide information about the fair values of these derivative instruments as of September 30, 2017 and December 31, 2016 and the line items in the condensed consolidated balance sheet in which the fair values are reflected. Description Balance Sheet Location Fair Value Asset/(Liability) Derivatives designated as hedging instruments: September 30, 2017: Derivatives included with the inventory intermediation agreement obligations Accrued expenses $ (20,601 ) December 31, 2016: Derivatives included with the inventory intermediation agreement obligations Accrued expenses $ 6,058 Derivatives not designated as hedging instruments: September 30, 2017: Commodity contracts Accrued expenses $ (5,016 ) December 31, 2016: Commodity contracts Accrued expenses $ 3,508
Schedule of Derivative Instruments, Gain (Loss) Recognized in Income	The following table provides information about the gains or losses recognized in income on these derivative instruments and the line items in the condensed consolidated statements of operations in which such gains and losses are reflected. Description Location of Gain or (Loss) Recognized in Income on Derivatives Gain or (Loss) Recognized in Income on Derivatives Derivatives designated as hedging instruments: For the three months ended September 30, 2017: Derivatives included with the inventory intermediation agreement obligations Cost of products and other $ (29,766 ) For the three months ended September 30, 2016: Derivatives included with the inventory intermediation agreement obligations Cost of products and other $ (3,145 ) For the nine months ended September 30, 2017: Derivatives included with the inventory intermediation agreement obligations Cost of products and other $ (26,659 ) For the nine months ended September 30, 2016: Derivatives included with the inventory intermediation agreement obligations Cost of products and other $ (29,317 ) Derivatives not designated as hedging instruments: For the three months ended September 30, 2017: Commodity contracts Cost of products and other $ (17,291 ) For the three months ended September 30, 2016: Commodity contracts Cost of products and other $ (15,559 ) For the nine months ended September 30, 2017: Commodity contracts Cost of products and other $ (2,606 ) For the nine months ended September 30, 2016: Commodity contracts Cost of products and other $ (54,646 ) Hedged items designated in fair value hedges: For the three months ended September 30, 2017: Intermediate and refined product inventory Cost of products and other $ 29,766 For the three months ended September 30, 2016: Intermediate and refined product inventory Cost of products and other $ 3,145 For the nine months ended September 30, 2017: Intermediate and refined product inventory Cost of products and other $ 26,659 For the nine months ended September 30, 2016: Intermediate and refined product inventory Cost of products and other $ 29,317

CONDENSED CONSOLIDATING FINAN30

CONDENSED CONSOLIDATING FINANCIAL STATEMENTS OF PBF HOLDINGS (Tables)	9 Months Ended
	Sep. 30, 2017
Condensed Financial Information of Subsidiary Disclosure [Abstract]
Condensed Consolidating Balance Sheet	CONSOLIDATING FINANCIAL STATEMENTS OF PBF HOLDING CONDENSED CONSOLIDATING BALANCE SHEET (UNAUDITED) September 30, 2017 Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Combining and Consolidating Adjustments Total ASSETS Current assets: Cash and cash equivalents $ 200,136 $ 9,124 $ 32,485 $ — $ 241,745 Accounts receivable 718,960 9,781 46,166 — 774,907 Accounts receivable - affiliate 1,392 17,946 600 — 19,938 Affiliate notes receivable — 11,600 — — 11,600 Inventories 2,064,678 — 246,014 — 2,310,692 Prepaid expense and other current assets 23,245 21,194 — — 44,439 Due from related parties 27,591,736 22,923,564 6,144,950 (56,660,250 ) — Total current assets 30,600,147 22,993,209 6,470,215 (56,660,250 ) 3,403,321 Property, plant and equipment, net 23,884 2,543,193 238,072 — 2,805,149 Investment in subsidiaries — 429,035 — (429,035 ) — Investment in equity method investee — — 172,752 — 172,752 Deferred charges and other assets, net 27,934 773,447 34 — 801,415 Total assets $ 30,651,965 $ 26,738,884 $ 6,881,073 $ (57,089,285 ) $ 7,182,637 LIABILITIES AND EQUITY Current liabilities: Accounts payable $ 310,158 $ 112,773 $ 18,552 $ — $ 441,483 Accounts payable - affiliate 34,815 1,327 (97 ) — 36,045 Accrued expenses 1,467,974 125,490 216,107 — 1,809,571 Deferred revenue 3,214 74 8 — 3,296 Due to related parties 23,949,841 26,558,885 6,151,524 (56,660,250 ) — Notes payable — 6,831 — — 6,831 Total current liabilities 25,766,002 26,805,380 6,386,094 (56,660,250 ) 2,297,226 Long-term debt 1,548,591 46,938 29,672 — 1,625,201 Deferred tax liabilities — — 46,340 — 46,340 Other long-term liabilities 27,906 181,293 4,145 — 213,344 Investment in subsidiaries 308,940 — — (308,940 ) — Total liabilities 27,651,439 27,033,611 6,466,251 (56,969,190 ) 4,182,111 Commitments and contingencies (Note 9) Equity: Member’s equity 2,352,772 1,723,480 357,332 (2,080,812 ) 2,352,772 Retained earnings / (accumulated deficit) 659,891 (2,022,858 ) 57,490 1,965,368 659,891 Accumulated other comprehensive loss (25,024 ) (8,236 ) — 8,236 (25,024 ) Total PBF Holding Company LLC equity 2,987,639 (307,614 ) 414,822 (107,208 ) 2,987,639 Noncontrolling interest 12,887 12,887 — (12,887 ) 12,887 Total equity 3,000,526 (294,727 ) 414,822 (120,095 ) 3,000,526 Total liabilities and equity $ 30,651,965 $ 26,738,884 $ 6,881,073 $ (57,089,285 ) $ 7,182,637 14. CONDENSED CONSOLIDATING FINANCIAL STATEMENTS OF PBF HOLDING CONDENSED CONSOLIDATING BALANCE SHEET (UNAUDITED) December 31, 2016 Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Combining and Consolidating Adjustments Total ASSETS Current assets: Cash and cash equivalents $ 530,085 $ 56,717 $ 41,366 $ (1,463 ) $ 626,705 Accounts receivable 599,147 7,999 8,735 — 615,881 Accounts receivable - affiliate 2,432 4,504 695 — 7,631 Inventories 1,680,058 — 183,502 — 1,863,560 Prepaid expense and other current assets 27,443 12,933 160 — 40,536 Due from related parties 24,141,120 21,883,569 4,692,799 (50,717,488 ) — Total current assets 26,980,285 21,965,722 4,927,257 (50,718,951 ) 3,154,313 Property, plant and equipment, net 33,772 2,452,877 242,050 — 2,728,699 Investment in subsidiaries 705,034 440,377 — (1,145,411 ) — Investment in equity method investee — — 179,882 — 179,882 Deferred charges and other assets, net 12,317 491,673 13 — 504,003 Total assets $ 27,731,408 $ 25,350,649 $ 5,349,202 $ (51,864,362 ) $ 6,566,897 LIABILITIES AND EQUITY Current liabilities: Accounts payable $ 360,260 $ 157,277 $ 14,291 $ (1,463 ) $ 530,365 Accounts payable - affiliate 37,077 786 — — 37,863 Accrued expenses 1,094,581 201,935 166,213 — 1,462,729 Deferred revenue 10,901 1,438 1 — 12,340 Due to related parties 22,027,065 24,031,520 4,658,903 (50,717,488 ) — Total current liabilities 23,529,884 24,392,956 4,839,408 (50,718,951 ) 2,043,297 Long-term debt 1,496,085 45,908 34,566 — 1,576,559 Affiliate notes payable 86,298 — — — 86,298 Deferred tax liabilities — — 45,699 — 45,699 Other long-term liabilities 30,208 192,204 3,699 — 226,111 Total liabilities 25,142,475 24,631,068 4,923,372 (50,718,951 ) 3,977,964 Commitments and contingencies (Note 9) Equity: Member’s equity 2,155,863 1,714,997 374,067 (2,089,064 ) 2,155,863 Retained earnings / (accumulated deficit) 446,519 (999,693 ) 51,763 947,930 446,519 Accumulated other comprehensive loss (25,962 ) (8,236 ) — 8,236 (25,962 ) Total PBF Holding Company LLC equity 2,576,420 707,068 425,830 (1,132,898 ) 2,576,420 Noncontrolling interest 12,513 12,513 — (12,513 ) 12,513 Total equity 2,588,933 719,581 425,830 (1,145,411 ) 2,588,933 Total liabilities and equity $ 27,731,408 $ 25,350,649 $ 5,349,202 $ (51,864,362 ) $ 6,566,897
Condensed Income Statement	CONSOLIDATING FINANCIAL STATEMENTS OF PBF HOLDING CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) (UNAUDITED) Three Months Ended September 30, 2017 Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Combining and Consolidating Adjustments Total Revenues $ 5,410,245 $ 223,582 $ 536,386 $ (694,397 ) $ 5,475,816 Cost and expenses: Cost of products and other 4,483,164 85,031 538,011 (694,397 ) 4,411,809 Operating expenses (excluding depreciation and amortization expense as reflected below) 289 380,951 8,351 — 389,591 Depreciation and amortization expense — 68,419 1,919 — 70,338 Cost of sales 4,483,453 534,401 548,281 (694,397 ) 4,871,738 General and administrative expenses (excluding depreciation and amortization expense as reflected below) 49,880 4,959 (146 ) — 54,693 Depreciation and amortization expense 2,572 — — — 2,572 Equity income in investee — — (3,799 ) — (3,799 ) Loss on sale of assets — 28 — — 28 Total cost and expenses 4,535,905 539,388 544,336 (694,397 ) 4,925,232 Income (loss) from operations 874,340 (315,806 ) (7,950 ) — 550,584 Other income (expenses): Equity in earnings (loss) of subsidiaries (319,568 ) 2,467 — 317,101 — Change in fair value of catalyst leases — 473 — — 473 Debt extinguishment costs — — — — — Interest expense, net (28,692 ) (305 ) (272 ) — (29,269 ) Income (loss) before income taxes 526,080 (313,171 ) (8,222 ) 317,101 521,788 Income tax benefit — — (4,292 ) — (4,292 ) Net income (loss) 526,080 (313,171 ) (3,930 ) 317,101 526,080 Less: net loss attributable to noncontrolling interests (6 ) (6 ) — 6 (6 ) Net income (loss) attributable to PBF Holding Company LLC $ 526,086 $ (313,165 ) $ (3,930 ) $ 317,095 $ 526,086 Comprehensive income (loss) attributable to PBF Holding Company LLC $ 526,373 $ (313,165 ) $ (3,930 ) $ 317,095 $ 526,373 14. CONDENSED CONSOLIDATING FINANCIAL STATEMENTS OF PBF HOLDING CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) (UNAUDITED) Three Months Ended September 30, 2016 Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Combining and Consolidating Adjustments Total Revenues $ 4,488,925 $ 441,554 $ 345,215 $ (767,081 ) $ 4,508,613 Cost and expenses: Cost of products and other 3,914,018 428,587 328,734 (767,081 ) 3,904,258 Operating expenses (excluding depreciation and amortization expense as reflected below) 25 385,761 18,259 — 404,045 Depreciation and amortization expense — 47,471 3,865 — 51,336 Cost of sales 3,914,043 861,819 350,858 (767,081 ) 4,359,639 General and administrative expenses (excluding depreciation and amortization expense as reflected below) 34,820 4,312 780 — 39,912 Depreciation and amortization expense 1,342 — — — 1,342 Equity income in investee — — (1,621 ) — (1,621 ) Loss on sale of assets 2,418 73 5,668 — 8,159 Total cost and expenses 3,952,623 866,204 355,685 (767,081 ) 4,407,431 Income (loss) from operations 536,302 (424,650 ) (10,470 ) — 101,182 Other income (expenses): Equity in earnings (loss) of subsidiaries (438,249 ) — — 438,249 — Change in fair value of catalyst leases — 77 — — 77 Interest expense, net (32,982 ) (447 ) (467 ) — (33,896 ) Income (loss) before income taxes 65,071 (425,020 ) (10,937 ) 438,249 67,363 Income tax expense — — 2,291 — 2,291 Net income (loss) 65,071 (425,020 ) (13,228 ) 438,249 65,072 Less: net income attributable to noncontrolling interests 45 45 — (45 ) 45 Net income (loss) attributable to PBF Holding Company LLC $ 65,026 $ (425,065 ) $ (13,228 ) $ 438,294 $ 65,027 Comprehensive income (loss) attributable to PBF Holding Company LLC $ 65,452 $ (425,065 ) $ (13,228 ) $ 438,294 $ 65,453 14. CONDENSED CONSOLIDATING FINANCIAL STATEMENTS OF PBF HOLDING CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) (UNAUDITED) Nine Months Ended September 30, 2017 Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Combining and Consolidating Adjustments Total Revenues $ 15,064,488 $ 983,917 $ 1,578,553 $ (2,387,693 ) $ 15,239,265 Cost and expenses: Cost of products and other 13,547,358 615,093 1,551,638 (2,387,693 ) 13,326,396 Operating expenses (excluding depreciation and amortization expense as reflected below) (42 ) 1,200,370 24,686 — 1,225,014 Depreciation and amortization expense — 175,543 5,695 — 181,238 Cost of sales 13,547,316 1,991,006 1,582,019 (2,387,693 ) 14,732,648 General and administrative expenses (excluding depreciation and amortization expense as reflected below) 112,418 18,410 (736 ) — 130,092 Depreciation and amortization expense 10,355 — — — 10,355 Equity income in investee — — (11,218 ) — (11,218 ) Loss on sale of assets — 940 — — 940 Total cost and expenses 13,670,089 2,010,356 1,570,065 (2,387,693 ) 14,862,817 Income (loss) from operations 1,394,399 (1,026,439 ) 8,488 — 376,448 Other income (expenses): Equity in earnings (loss) of subsidiaries (1,022,866 ) 5,802 — 1,017,064 — Change in fair value of catalyst leases (1,011 ) — — (1,011 ) Debt extinguishment costs (25,451 ) — — — (25,451 ) Interest expense, net (90,918 ) (1,143 ) (721 ) — (92,782 ) Income (loss) before income taxes 255,164 (1,022,791 ) 7,767 1,017,064 257,204 Income tax expense — — 2,040 — 2,040 Net income (loss) 255,164 (1,022,791 ) 5,727 1,017,064 255,164 Less: net income attributable to noncontrolling interests 374 374 — (374 ) 374 Net income (loss) attributable to PBF Holding Company LLC $ 254,790 $ (1,023,165 ) $ 5,727 $ 1,017,438 $ 254,790 Comprehensive income (loss) attributable to PBF Holding Company LLC $ 255,728 $ (1,023,165 ) $ 5,727 $ 1,017,438 $ 255,728 14. CONDENSED CONSOLIDATING FINANCIAL STATEMENTS OF PBF HOLDING CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) (UNAUDITED) Nine Months Ended September 30, 2016 Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Combining and Consolidating Adjustments Total Revenues $ 11,119,301 $ 586,336 $ 1,005,656 $ (1,546,722 ) $ 11,164,571 Cost and expenses: Cost of products and other 9,653,945 532,040 995,726 (1,546,722 ) 9,634,989 Operating expenses (excluding depreciation and amortization expense as reflected below) (375 ) 948,403 24,195 — 972,223 Depreciation and amortization expense — 143,994 7,479 — 151,473 Cost of sales 9,653,570 1,624,437 1,027,400 (1,546,722 ) 10,758,685 General and administrative expenses (excluding depreciation and amortization expense as reflected below) 92,126 20,372 (1,226 ) — 111,272 Depreciation and amortization expense 4,417 — — — 4,417 Equity income in investee — — (1,621 ) — (1,621 ) Loss on sale of assets 2,418 97 8,866 — 11,381 Total cost and expenses 9,752,531 1,644,906 1,033,419 (1,546,722 ) 10,884,134 Income (loss) from operations 1,366,770 (1,058,570 ) (27,763 ) — 280,437 Other income (expenses): Equity in earnings (loss) of subsidiaries (1,123,054 ) — — 1,123,054 — Change in fair value of catalyst leases — (4,556 ) — — (4,556 ) Interest expense, net (95,568 ) (1,289 ) (1,589 ) — (98,446 ) Income (loss) before income taxes 148,148 (1,064,415 ) (29,352 ) 1,123,054 177,435 Income tax expense — — 29,287 — 29,287 Net income (loss) 148,148 (1,064,415 ) (58,639 ) 1,123,054 148,148 Less: net income attributable to noncontrolling interests 438 438 — (438 ) 438 Net income (loss) attributable to PBF Holding Company LLC $ 147,710 $ (1,064,853 ) $ (58,639 ) $ 1,123,492 $ 147,710 Comprehensive income (loss) attributable to PBF Holding Company LLC $ 149,173 $ (1,064,853 ) $ (58,639 ) $ 1,123,492 $ 149,173
Condensed Consolidating Statement of Cash Flow	CONSOLIDATING FINANCIAL STATEMENTS OF PBF HOLDING CONDENSED CONSOLIDATING STATEMENT OF CASH FLOW (UNAUDITED) Nine Months Ended September 30, 2017 Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Combining and Consolidating Adjustments Total Cash flows from operating activities: Net income (loss) $ 255,164 $ (1,022,791 ) $ 5,727 $ 1,017,064 $ 255,164 Adjustments to reconcile net income (loss) to net cash (used in) provided by operations: Depreciation and amortization 15,746 175,859 5,760 — 197,365 Stock-based compensation — 13,549 — — 13,549 Change in fair value of catalyst leases — 1,011 — — 1,011 Deferred income taxes — — 641 — 641 Non-cash lower of cost or market inventory adjustment (97,943 ) — — — (97,943 ) Non-cash change in inventory repurchase obligations (26,659 ) — — — (26,659 ) Debt extinguishment costs 25,451 — — — 25,451 Pension and other post-retirement benefit costs 4,956 26,726 — — 31,682 (Income) from equity method investee — (11,218 ) — (11,218 ) Distributions from equity method investee — — 16,897 — 16,897 Loss on sale of assets — 940 — — 940 Equity in earnings (loss) of subsidiaries 1,022,866 (5,802 ) — (1,017,064 ) — Changes in operating assets and liabilities: Accounts receivable (119,813 ) (1,782 ) (37,431 ) — (159,026 ) Due to/from affiliates (1,494,632 ) 1,451,846 40,468 — (2,318 ) Inventories (286,677 ) — (62,512 ) — (349,189 ) Prepaid expense and other current assets 4,200 (8,467 ) 160 — (4,107 ) Accounts payable (50,102 ) (58,691 ) 4,261 1,463 (103,069 ) Accrued expenses 365,132 (13,352 ) 49,894 — 401,674 Deferred revenue (7,687 ) (1,364 ) 7 — (9,044 ) Other assets and liabilities (14,472 ) (26,189 ) (16,726 ) — (57,387 ) Net cash (used in) provided by operations (404,470 ) 531,493 (4,072 ) 1,463 124,414 Cash flows from investing activities: Expenditures for property, plant and equipment (847 ) (210,076 ) (301 ) — (211,224 ) Expenditures for deferred turnaround costs — (341,598 ) — — (341,598 ) Expenditures for other assets — (31,096 ) — — (31,096 ) Equity method investment - return of capital — — 451 — 451 Due to/from affiliates (3,684 ) — — 3,684 — Net cash (used in) provided by investing activities (4,531 ) (582,770 ) 150 3,684 (583,467 ) Cash flows from financing activities: Contributions from PBF LLC 97,000 — — — 97,000 Distribution to members (39,315 ) — — — (39,315 ) Proceeds from 2025 7.25% Senior Notes 725,000 — — — 725,000 Cash paid to extinguish 2020 8.25% Senior Secured Notes (690,209 ) — — — (690,209 ) Repayments of PBF Rail Term Loan — — (4,959 ) — (4,959 ) Proceeds from revolver borrowings 490,000 — — — 490,000 Repayments of revolver borrowings (490,000 ) — — — (490,000 ) Due to/from affiliates — 3,684 — (3,684 ) — Deferred financing costs and other (13,424 ) — — — (13,424 ) Net cash provided by (used in) financing activities 79,052 3,684 (4,959 ) (3,684 ) 74,093 Net decrease in cash and cash equivalents (329,949 ) (47,593 ) (8,881 ) 1,463 (384,960 ) Cash and cash equivalents, beginning of period 530,085 56,717 41,366 (1,463 ) 626,705 Cash and cash equivalents, end of period $ 200,136 $ 9,124 $ 32,485 $ — $ 241,745 14. CONDENSED CONSOLIDATING FINANCIAL STATEMENTS OF PBF HOLDING CONDENSED CONSOLIDATING STATEMENT OF CASH FLOW (UNAUDITED) Nine Months Ended September 30, 2016 Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Combining and Consolidating Adjustments Total Cash flows from operating activities: Net income (loss) $ 148,148 $ (1,064,415 ) $ (58,639 ) $ 1,123,054 $ 148,148 Adjustments to reconcile net income (loss) to net cash (used in) provided by operations: Depreciation and amortization 10,828 144,011 7,726 — 162,565 Stock-based compensation — 12,658 — — 12,658 Change in fair value of catalyst leases — 4,556 — — 4,556 Deferred income taxes — — 27,813 — 27,813 Non-cash lower of cost or market inventory adjustment (320,833 ) — — — (320,833 ) Non-cash change in inventory repurchase obligations 29,317 — — — 29,317 Pension and other post-retirement benefit costs 5,249 20,645 — — 25,894 Equity income in investee — — (1,621 ) — (1,621 ) Loss on sale of assets 2,418 97 8,866 — 11,381 Equity in earnings of subsidiaries 1,123,054 — — (1,123,054 ) — Changes in operating assets and liabilities: Accounts receivable (205,816 ) 3,695 7,223 — (194,898 ) Due to/from affiliates (1,624,741 ) 1,588,690 44,245 — 8,194 Inventories 56,792 — (2,740 ) — 54,052 Prepaid expense and other current assets (6,330 ) (11,768 ) (2,105 ) — (20,203 ) Accounts payable 37,074 16,943 (5,126 ) 1,406 50,297 Accrued expenses 661,974 (353,030 ) (897 ) — 308,047 Deferred revenue 6,559 — 1,470 — 8,029 Other assets and liabilities (7,573 ) (14,210 ) (97 ) — (21,880 ) Net cash (used in) provided by operations (83,880 ) 347,872 26,118 1,406 291,516 Cash flows from investing activities: Acquisition of Torrance refinery and related logistic assets (971,932 ) — — — (971,932 ) Expenditures for property, plant and equipment (16,244 ) (172,174 ) 675 — (187,743 ) Expenditures for deferred turnaround costs — (138,936 ) — — (138,936 ) Expenditures for other assets — (27,735 ) — — (27,735 ) Investment in subsidiaries 12,800 — — (12,800 ) — Chalmette Acquisition working capital settlement — (2,659 ) — — (2,659 ) Proceeds from sale of assets — — 13,030 — 13,030 Net cash provided by (used in) investing activities (975,376 ) (341,504 ) 13,705 (12,800 ) (1,315,975 ) Cash flows from financing activities: Proceeds from catalyst lease — 7,927 — — 7,927 Distributions to Parent — — (12,800 ) 12,800 — Contributions from PBF LLC related to TVPC 175,000 — — — 175,000 Distributions to members (92,503 ) — — — (92,503 ) Proceeds from affiliate notes payable 635 — — — 635 Repayment of affiliate notes payable (517 ) — — — (517 ) Repayment of Rail Facility revolver borrowings — — (11,457 ) — (11,457 ) Proceeds from revolver borrowings 550,000 — — — 550,000 Net cash provided by (used in) financing activities 632,615 7,927 (24,257 ) 12,800 629,085 Net (decrease) increase in cash and cash equivalents (426,641 ) 14,295 15,566 1,406 (395,374 ) Cash and cash equivalents, beginning of period 882,820 6,236 28,968 (3,275 ) 914,749 Cash and cash equivalents, end of period $ 456,179 $ 20,531 $ 44,534 $ (1,869 ) $ 519,375

DESCRIPTION OF THE BUSINESS A31

DESCRIPTION OF THE BUSINESS AND BASIS OF PRESENTATION (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017USD ($)	Sep. 30, 2016USD ($)	Sep. 30, 2017USD ($)segment	Sep. 30, 2016USD ($)	Dec. 31, 2016
Description of Business [Line Items]
Cost of products and other	$ 4,411,809	$ 3,904,258	$ 13,326,396	$ 9,634,989
Number of Reportable Segments | segment			1
Less: net (loss) income attributable to noncontrolling interests	(6)	45	$ 374	438
Income tax (benefit) expense	(4,292)	2,291	2,040	29,287
Operating expenses (excluding depreciation and amortization expense as reflected below)	389,591	404,045	1,225,014	972,223
Depreciation and amortization expense	70,338	51,336	181,238	151,473
Cost of Revenue	4,871,738	4,359,639	14,732,648	10,758,685
General and administrative expenses (excluding depreciation and amortization expense as reflected below)	54,693	39,912	130,092	111,272
Depreciation and amortization expense	2,572	1,342	10,355	4,417
Income (Loss) from Equity Method Investments	3,799	1,621	11,218	1,621
Loss on sale of assets	28	8,159	940	11,381
Costs and Expenses	$ 4,925,232	4,407,431	$ 14,862,817	10,884,134
PBF Energy [Member] | Class A Common Stock [Member]
Description of Business [Line Items]
Percentage of ownership in PBF LLC	96.60%		96.60%		96.50%
Torrance Valley Pipeline Company [Member]
Description of Business [Line Items]
Ownership percentage	50.00%		50.00%
Scenario, Previously Reported [Member]
Description of Business [Line Items]
Cost of products and other		3,904,258		9,634,989
Operating expenses (excluding depreciation and amortization expense as reflected below)		404,045		972,223
Depreciation and amortization expense		0		0
General and administrative expenses (excluding depreciation and amortization expense as reflected below)		39,912		111,272
Depreciation and amortization expense		52,678		155,890
Income (Loss) from Equity Method Investments		(1,621)		(1,621)
Loss on sale of assets		(8,159)		(11,381)
Costs and Expenses		4,407,431		10,884,134
Scenario, Adjustment [Member]
Description of Business [Line Items]
Cost of products and other		0		0
Operating expenses (excluding depreciation and amortization expense as reflected below)		0		0
Depreciation and amortization expense		51,336		151,473
General and administrative expenses (excluding depreciation and amortization expense as reflected below)		0		0
Depreciation and amortization expense		(51,336)		(151,473)
Income (Loss) from Equity Method Investments		0		0
Loss on sale of assets		$ 0		$ 0

ACQUISITIONS Purchase Price (De

ACQUISITIONS Purchase Price (Details) $ in Thousands	Jul. 01, 2016USD ($)refinery	Sep. 30, 2016refinery
Business Acquisition [Line Items]
Number Of Operating Refineries | refinery	5	4
Torrance Refinery [Member]
Business Acquisition [Line Items]
Gross purchase price	$ 537,500
Working capital	450,582
Business Combination, Consideration Transferred, Post Close Purchase Price Adjustments	(16,150)
Consideration transferred	$ 971,932

ACQUISITIONS Acquired assets an

ACQUISITIONS Acquired assets and liabilities (Details) - Torrance Refinery [Member] $ in Thousands	Jul. 01, 2016USD ($)
Business Acquisition [Line Items]
Inventories	$ 404,542
Prepaid expenses and other current assets	982
Property, plant and equipment	704,633
Deferred charges and other assets, net	68,053
Accounts payable	(2,688)
Accrued expenses	(64,137)
Other long-term liabilities	(139,453)
Fair value of net assets acquired	$ 971,932

ACQUISITIONS Proforma informati

ACQUISITIONS Proforma information for acquisition (Details) - Torrance Refinery [Member] $ in Thousands	9 Months Ended
	Sep. 30, 2016USD ($)
Business Acquisition [Line Items]
Pro forma revenues	$ 12,243,582
Pro forma net income attributable to PBF Holding Company LLC.	$ (60,908)

ACQUISITIONS Other details for

ACQUISITIONS Other details for acquisition (Details) - USD ($) $ in Thousands	Jul. 01, 2016	Sep. 30, 2017	Sep. 30, 2016	Dec. 31, 2016	Sep. 30, 2017	Sep. 30, 2016	Nov. 01, 2015
Business Acquisition [Line Items]
Consideration transferred					$ 0	$ 971,932
Acquisition related costs		$ 22	$ 3,912		488	13,622
Net income		$ 526,080	$ 65,072		$ 255,164	$ 148,148
Torrance Refinery [Member]
Business Acquisition [Line Items]
Revenues				$ 928,225
Consideration transferred	$ 521,350
Working capital	$ 450,582
Net income				$ 51,457
Chalmette Refining L.L.C. [Member] | PBF Energy Inc. [Member]
Business Acquisition [Line Items]
Ownership percentage							100.00%

INVENTORIES (Details)

INVENTORIES (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016	Mar. 31, 2017	Dec. 31, 2016	Mar. 31, 2016	Dec. 31, 2015
Inventory [Line Items]
Crude oil and feedstocks	$ 1,302,162,000		$ 1,302,162,000			$ 1,102,007,000
Refined products and blendstocks	1,409,512,000		1,409,512,000			1,267,861,000
Warehouse stock and other	97,063,000		97,063,000			89,680,000
Inventory, Gross	2,808,737,000		2,808,737,000			2,459,548,000
Lower of cost or market adjustment	(498,045,000)	$ 796,503,000	(498,045,000)	$ 796,503,000	$ (763,122,000)	(595,988,000)	$ (900,493,000)	$ 1,117,336
Inventories	2,310,692,000		2,310,692,000			1,863,560,000
Operating Income (Loss)	(550,584,000)	(101,182,000)	(376,448,000)	(280,437,000)
Net income	526,080,000	65,072,000	255,164,000	148,148,000
Titled Inventory [Member]
Inventory [Line Items]
Crude oil and feedstocks	1,302,162,000		1,302,162,000			1,102,007,000
Refined products and blendstocks	1,065,608,000		1,065,608,000			915,397,000
Warehouse stock and other	97,063,000		97,063,000			89,680,000
Inventory, Gross	2,464,833,000		2,464,833,000			2,107,084,000
Lower of cost or market adjustment	(404,227,000)		(404,227,000)			(492,415,000)
Inventories	2,060,606,000		2,060,606,000			1,614,669,000
Inventory Supply and Offtake Arrangements [Member]
Inventory [Line Items]
Crude oil and feedstocks	0		0			0
Refined products and blendstocks	343,904,000		343,904,000			352,464,000
Warehouse stock and other	0		0			0
Inventory, Gross	343,904,000		343,904,000			352,464,000
Lower of cost or market adjustment	(93,818,000)		(93,818,000)			(103,573,000)
Inventories	250,086,000		250,086,000			$ 248,891,000
Scenario, Adjustment [Member]
Inventory [Line Items]
Operating Income (Loss)	(265,077,000)	103,990,000	(97,943,000)	(320,833,000)
Net income	$ 151,095,000	$ 157,780,000	$ 167,134,000	$ 216,843,000

ACCRUED EXPENSES (Details)

ACCRUED EXPENSES (Details) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Accrued Expenses:
Inventory-related accruals	$ 984,702	$ 810,027
Inventory intermediation arrangements	282,640	225,524
Renewable energy credit and emissions obligations	138,717	70,158
Excise and sales tax payable	91,042	86,046
Accrued transportation costs	90,933	89,830
Accrued refinery maintenance and support costs	36,098	28,670
Accrued salaries and benefits	32,709	17,466
Accrued utilities	36,274	44,190
Accrued interest	30,987	28,934
Accrued capital expenditures	18,933	33,610
Customer deposits	45,548	9,215
Environmental liabilities	8,295	8,882
Other	12,693	10,177
Total accrued expenses	$ 1,809,571	$ 1,462,729

DEBT (Details)

DEBT (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2017	May 30, 2017	Dec. 31, 2016
Debt Instrument [Line Items]
Long-term Debt	$ 1,652,022		$ 1,601,836
Notes Payable, Current	$ 6,831		$ 0
2025 Senior Notes [Member]
Debt Instrument [Line Items]
Long-term Debt		$ 725,000
Debt instrument, interest rate	7.25%
Proceeds from Debt, Net of Issuance Costs	$ 711,576
Debt Instrument, Redemption Price, Percentage	100.00%
2020 Senior Secured Notes [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate	8.25%
2023 Senior Secured Notes [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate	7.00%
Notes Payable, Other Payables [Member]
Debt Instrument [Line Items]
Debt Instrument, Periodic Payment Terms, Monthly Payments to be Paid	$ 403
Debt Instrument, Periodic Payment Terms, Balloon Payment to be Paid	$ 3,200

INCOME TAXES Income Taxes (Deta

INCOME TAXES Income Taxes (Details) $ in Thousands	3 Months Ended			9 Months Ended
	Sep. 30, 2017USD ($)	Sep. 30, 2016USD ($)	Dec. 31, 2015subsidiary	Sep. 30, 2017USD ($)	Sep. 30, 2016USD ($)
Income Taxes [Line Items]
Number Of Subsidiaries Acquired | subsidiary			2
Current Income Tax Expense (Benefit)	$ 190	$ 389		$ 1,399	$ 1,474
Deferred income taxes	(4,482)	1,902		641	27,813
Income tax (benefit) expense	$ (4,292)	$ 2,291		$ 2,040	29,287
Restatement Adjustment [Member] | Prior period error correction [Member] | PBF Energy Limited [Member]
Income Taxes [Line Items]
Current Income Tax Expense (Benefit)					121
Deferred income taxes					$ 30,602

AFFILIATE NOTE PAYABLE (Details

AFFILIATE NOTE PAYABLE (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended	12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Sep. 30, 2017	Dec. 31, 2016
Debt Instrument [Line Items]
Affiliate notes payable			$ 0	$ 86,298
Forgiveness of related party debt	$ 86,298	$ 0		$ 379,947
Notes Payable, Other Payables [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate			2.50%
Debt instrument, term			5 years

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details)

Nov. 01, 2017bblrenewal

Aug. 03, 2017dekatherm_per_day

Feb. 15, 2017renewal

Nov. 01, 2016bbl / d

Aug. 31, 2016bbl / dbblrenewal

May 01, 2016bbl / d

May 15, 2015renewal

May 14, 2015bbl / d

Dec. 11, 2014bbl / dbblrenewal

Oct. 01, 2014bbl / d

Sep. 30, 2014renewal

May 14, 2014bbl / drenewal

Jan. 24, 2013bbl

Sep. 30, 2017USD ($)

Mar. 31, 2017

Sep. 30, 2016USD ($)

Sep. 30, 2017USD ($)renewal

Sep. 30, 2016USD ($)

Related Party Transaction [Line Items]

Consideration transferred | $

$ 0

$ 971,932,000

Number of Contract Renewals | renewal

2

Term of Renewal

5 years

Torrance Valley Pipeline Transportation Services Agreement [Member]

Related Party Transaction [Line Items]

Number of Contract Renewals | renewal

2

Term of Renewal

5 years

Torrance Valley Pipeline Transportation Services Agreement [Member]

Related Party Transaction [Line Items]

Term of Agreement

10 years

DCR Terminaling Agreement [Member]

Related Party Transaction [Line Items]

Term of Agreement

7 years 8 months

Number of Contract Renewals | renewal

2

Term of Renewal

5 years

Delaware City Products Pipeline - Magellan [Member]

Related Party Transaction [Line Items]

Term of Agreement

2 years 5 months

Delaware Truck Loading Services Agreement [Member]

Related Party Transaction [Line Items]

Term of Agreement

10 years 8 months

Number of Contract Renewals | renewal

2

Term of Renewal

5 years

Toledo Terminaling Agreement [Member]

Related Party Transaction [Line Items]

Term of Agreement

7 years 8 months

Number of Contract Renewals | renewal

2

Term of Renewal

5 years

West Ladder Rack Terminaling Agreement [Member]

Related Party Transaction [Line Items]

Term of Agreement

7 years 3 months

Number of Contract Renewals | renewal

2

Term of Renewal

5 years

Toledo Tank Farm Storage and Terminaling Agreement [Member]

Related Party Transaction [Line Items]

Term of Agreement

10 years

Number of Contract Renewals | renewal

2

Term of Renewal

5 years

Delaware City Pipeline Services Agreement [Member]

Related Party Transaction [Line Items]

Term of Agreement

10 years 8 months

Number of Contract Renewals | renewal

2

Term of Renewal

5 years

Toledo Tank Farm Storage and Terminaling Agreement [Member]

Related Party Transaction [Line Items]

Term of Agreement

20 years

Number of Contract Renewals | renewal

2

Term of Renewal

10 years

PBFX Operating Company LP [Member]

Related Party Transaction [Line Items]

Related party transaction, amounts of transaction | $

$ 11,600,000

PBF Logistics LP [Member] | Cost of Sales [Member]

Related Party Transaction [Line Items]

Related party transaction, amounts of transaction | $

$ 62,359,000

$ 43,842,000

176,916,000

118,356,000

PBF Logistics LP [Member] | General and Administrative Expense [Member] | Omnibus Agreement [Member]

Related Party Transaction [Line Items]

Related party transaction, amounts of transaction | $

1,890,000

1,201,000

5,174,000

3,460,000

PBF Logistics LP [Member] | General and Administrative Expense [Member] | Services Agreement [Member]

Related Party Transaction [Line Items]

Related party transaction, amounts of transaction | $

$ 1,639,000

$ 1,280,000

4,918,000

$ 3,523,000

PBF Logistics LP [Member] | Paulsboro Natural Gas Pipeline [Member] | Paulsboro Natural Gas Pipeline Transportation Services Agreement [Member]

Related Party Transaction [Line Items]

Term of Agreement

15 years

Oil And Gas Plant, Maximum Storage Capacity | dekatherm_per_day

60,000

PBF Logistics LP [Member] | Delaware City Products Pipeline [Member] | Delaware City Pipeline Services Agreement [Member]

Related Party Transaction [Line Items]

Oil And Gas Plant, Collaborative Agreement, Minimum Throughput Capacity

50,000

PBF Logistics LP [Member] | Delaware City Products Pipeline - Magellan [Member] | Delaware City Pipeline Services Agreement [Member]

Related Party Transaction [Line Items]

Oil And Gas Plant, Collaborative Agreement, Minimum Throughput Capacity

14,500

PBF Logistics LP [Member] | East Coast Terminals [Member] | East Coast Terminals commercial agreements [Member]

Related Party Transaction [Line Items]

Oil And Gas Plant, Collaborative Agreement, Minimum Throughput Capacity

15,000

Oil And Gas Plant, Maximum Storage Capacity | bbl

350,000

PBF Logistics LP [Member] | Torrance Valley Pipeline - North [Member] | Torrance Valley Pipeline Transportation Services Agreement [Member]

Related Party Transaction [Line Items]

Oil And Gas Plant, Collaborative Agreement, Minimum Throughput Capacity

50,000

PBF Logistics LP [Member] | Torrance Valley Pipeline - South [Member] | Torrance Valley Pipeline Transportation Services Agreement [Member]

Related Party Transaction [Line Items]

Oil And Gas Plant, Collaborative Agreement, Minimum Throughput Capacity

70,000

PBF Logistics LP [Member] | Torrance Valley Pipeline - Midway Tank [Member] | Torrance Valley Pipeline Transportation Services Agreement [Member]

Related Party Transaction [Line Items]

Oil And Gas Plant, Maximum Storage Capacity | bbl

55,000

PBF Logistics LP [Member] | Torrance Valley Pipeline - Belridge Tanks [Member] | Torrance Valley Pipeline Transportation Services Agreement [Member]

Related Party Transaction [Line Items]

Oil And Gas Plant, Collaborative Agreement, Minimum Throughput Capacity

770,000

PBF Logistics LP [Member] | Torrance Valley Pipeline - Emidio Tanks [Member] | Torrance Valley Pipeline Transportation Services Agreement [Member]

Related Party Transaction [Line Items]

Oil And Gas Plant, Collaborative Agreement, Minimum Throughput Capacity

900,000

PBF Logistics LP [Member] | Delaware City Rail Unloading Terminal [Member] | DCR Terminaling Agreement [Member]

Related Party Transaction [Line Items]

Oil And Gas Plant, Collaborative Agreement, Minimum Throughput Capacity

85,000

PBF Logistics LP [Member] | Toledo Truck Unloading Terminal [Member] | Toledo Terminaling Agreement [Member]

Related Party Transaction [Line Items]

Oil And Gas Plant, Collaborative Agreement, Minimum Throughput Capacity

5,500

PBF Logistics LP [Member] | Delaware City West Heavy Crude Unloading Rack [Member] | West Ladder Rack Terminaling Agreement [Member]

Related Party Transaction [Line Items]

Oil And Gas Plant, Collaborative Agreement, Minimum Throughput Capacity

40,000

PBF Logistics LP [Member] | Toledo Tank Farm [Member] | Toledo Tank Farm Storage and Terminaling Agreement [Member]

Related Party Transaction [Line Items]

Oil And Gas Plant, Collaborative Agreement, Minimum Throughput Capacity

4,400

Oil And Gas Plant, Maximum Storage Capacity | bbl

3,849,271

PBF Logistics LP [Member] | Toledo Terminal [Member] | East Coast Terminals commercial agreements [Member]

Related Party Transaction [Line Items]

Term of Agreement

1 year

PBF LLC [Member] | Fourth Amended and Restated Omnibus Agreement [Member]

Related Party Transaction [Line Items]

Related party transaction, annual fee | $

6,900,000

PBF LLC [Member] | Fifth Amended and Restated O&M Agreement [Member]

Related Party Transaction [Line Items]

Related party transaction, annual fee | $

$ 6,696,000

Refined Clean Product [Member] | PBF Logistics LP [Member] | Delaware City Truck Rack [Member] | Delaware City Terminaling Services Agreement [Member]

Related Party Transaction [Line Items]

Oil And Gas Plant, Collaborative Agreement, Minimum Throughput Capacity

30,000

LPGs [Member] | PBF Logistics LP [Member] | Delaware City Truck Rack [Member] | Delaware City Terminaling Services Agreement [Member]

Related Party Transaction [Line Items]

Oil And Gas Plant, Collaborative Agreement, Minimum Throughput Capacity

5,000

Minimum [Member] | East Coast Terminals [Member] | East Coast Terminals commercial agreements [Member]

Related Party Transaction [Line Items]

Term of Agreement

1 year

Maximum [Member] | East Coast Terminals [Member] | East Coast Terminals commercial agreements [Member]

Related Party Transaction [Line Items]

Term of Agreement

5 years

Torrance Valley Pipeline Company [Member]

Related Party Transaction [Line Items]

Ownership percentage

50.00%

50.00%

Subsequent Event [Member] | Chalmette Storage Agreement [Member]

Related Party Transaction [Line Items]

Term of Agreement

10 years

Number of Contract Renewals | renewal

2

Term of Renewal

5 years

Scenario, Forecast [Member] | PBF Logistics LP [Member] | Chalmette Storage Tank [Member] | Chalmette Storage Agreement [Member]

Related Party Transaction [Line Items]

Oil And Gas Plant, Maximum Storage Capacity | bbl

625,000

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Details) gallon in Millions

Mar. 10, 2017USD ($)

Jan. 13, 2017group

Jul. 01, 2016USD ($)

Mar. 01, 2011

Feb. 03, 2011USD ($)

Feb. 28, 2017USD ($)

Nov. 30, 2016

Mar. 31, 2017

Sep. 30, 2017USD ($)ppmbbl / d

Dec. 31, 2014gallonshipmentlocation

Dec. 31, 2010ppm

Dec. 31, 2016USD ($)

Loss Contingencies [Line Items]

Percent of tax benefit received from increases in tax basis paid to stockholders

85.00%

Number Of Days Barge Shipments Made

15 days

Barrels per day of ethanol loading | bbl / d

10,000

Number of Loading Arms

4

PBF Energy [Member] | Class A Common Stock [Member]

Loss Contingencies [Line Items]

Percentage of ownership in PBF LLC

96.60%

96.50%

Environmental Issue [Member]

Loss Contingencies [Line Items]

Environmental liability

$ 10,809,000

$ 10,792,000

Discount rate used for environmental liability assessment

8.00%

Maximum amount of sulfur allowed in heating oil (in ppm) | ppm

10

Public Utilities, Description of Specific Regulatory Liabilities

80

Loss Contingency, Number Of Environmental Groups Appealing Permits | group

2

Environmental Issue [Member] | PBF Energy and Valero [Member]

Loss Contingencies [Line Items]

Term of insurance policies

10 years

Environmental Issue [Member] | Sunoco, Inc. [Member]

Loss Contingencies [Line Items]

Loss Contingency Accrual, Insurance-Related Assessment, Expiration Of Liability Period

20 years

Environmental Issue [Member] | Torrance Refinery [Member]

Loss Contingencies [Line Items]

Environmental liability

$ 138,511,000

$ 142,456,000

Term of insurance policies

10 years

Environmental Issue [Member] | New York [Member]

Loss Contingencies [Line Items]

Maximum amount of sulfur allowed in heating oil (in ppm) | ppm

15

Environmental Issue [Member] | PENNSYLVANIA

Loss Contingencies [Line Items]

Maximum amount of sulfur allowed in heating oil (in ppm) | ppm

500

Cellulosic Standard [Member]

Loss Contingencies [Line Items]

Renewable Fuels Standard Requirements Increase

135.00%

Advanced Renewable Identification Number Requirements [Member]

Loss Contingencies [Line Items]

Renewable Fuels Standard Requirements Increase

7.00%

Total Renewable Identification Number Requirements [Member]

Loss Contingencies [Line Items]

Renewable Fuels Standard Requirements Increase

3.00%

Chalmette Refinery [Member] | Environmental Issue [Member]

Loss Contingencies [Line Items]

Environmental Costs Recognized, Recovery Credited to Expense

$ 3,936,000

Term of insurance policies

10 years

Accrual For Environmental Loss Contingencies, Expected Payment Period

30 years

Environmental Insurance Policies Coverage

$ 100,000,000

Maximum [Member] | Environmental Issue [Member] | Valero [Member]

Loss Contingencies [Line Items]

Site Contingency, Loss Exposure Not Accrued, Best Estimate

20,000,000

Maximum [Member] | Environmental Issue [Member] | PBF Energy and Valero [Member]

Loss Contingencies [Line Items]

Site Contingency, Loss Exposure Not Accrued, Best Estimate

75,000,000

Maximum [Member] | Environmental Issue [Member] | Torrance Refinery [Member]

Loss Contingencies [Line Items]

Site Contingency, Loss Exposure Not Accrued, Best Estimate

$ 100,000,000

East Coast Terminals [Member] | Maximum [Member] | East Coast Terminals commercial agreements [Member]

Loss Contingencies [Line Items]

Term of Agreement

5 years

Louisiana Department of Environmental Quality [Member] | Pending Litigation [Member] | Environmental Remediation Contingency [Domain]

Loss Contingencies [Line Items]

Loss Contingency, Damages Sought, Value

$ 700,000

DNREC [Member] | Pending Litigation [Member] | Environmental Remediation Contingency [Domain]

Loss Contingencies [Line Items]

Loss Contingency, Damages Sought, Value

$ 0

Number Of Barge Shipments | shipment

17

Number Of Gallons Of Crude Oil | gallon

35.7

Number Of Violated Locations | location

3

Clean Air Act [Member] | Pending Litigation [Member] | Environmental Remediation Contingency [Domain]

Loss Contingencies [Line Items]

Loss Contingency, Damages Sought, Value

$ 180,000

SCAQMD [Member] | Pending Litigation [Member] | Environmental Remediation Contingency [Domain]

Loss Contingencies [Line Items]

Loss Contingency, Damages Sought, Value

$ 100,000

EMPLOYEE BENEFIT PLANS (Details

EMPLOYEE BENEFIT PLANS (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Pension Plan, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 10,142	$ 10,064	$ 30,429	$ 24,743
Interest cost	1,084	772	3,252	2,323
Expected return on plan assets	(1,441)	(1,234)	(4,325)	(3,447)
Amortization of prior service cost	13	13	39	39
Amortization of actuarial loss (gain)	113	328	339	716
Net periodic benefit cost	9,911	9,943	29,734	24,374
Post Retirement Medical Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost	316	304	948	743
Interest cost	172	131	516	398
Amortization of prior service cost	162	161	484	379
Amortization of actuarial loss (gain)	0	0	0	0
Net periodic benefit cost	$ 650	$ 596	$ 1,948	$ 1,520

FAIR VALUE MEASUREMENTS (Measur

FAIR VALUE MEASUREMENTS (Measured on Recurring Basis) (Details) - Fair Value, Measurements, Recurring [Member] - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	$ 9,642	$ 9,440
Inventory Supply Arrangement Obligation [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liability, Fair Value, Amount Not Offset Against Collateral	20,601
Derivative, Collateral, Right to Reclaim Cash	0
Derivative Liability	20,601
Inventory Supply Arrangement Obligation [Member] | Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liability, Fair Value, Amount Not Offset Against Collateral	0
Inventory Supply Arrangement Obligation [Member] | Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liability, Fair Value, Amount Not Offset Against Collateral	20,601
Inventory Supply Arrangement Obligation [Member] | Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liability, Fair Value, Amount Not Offset Against Collateral	0
Catalyst lease [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative, Collateral, Right to Reclaim Cash	0	0
Catalyst lease obligations	46,981	45,969
Catalyst lease [Member] | Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Catalyst lease obligations	0	0
Catalyst lease [Member] | Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Catalyst lease obligations	46,981	45,969
Catalyst lease [Member] | Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Catalyst lease obligations	0	0
Commodity contract [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liability, Fair Value, Amount Not Offset Against Collateral	27,521	4,491
Derivative, Collateral, Right to Reclaim Cash	(22,505)	(983)
Derivative Liability	5,016	3,508
Commodity contract [Member] | Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liability, Fair Value, Amount Not Offset Against Collateral	11,671
Derivative Liability		859
Commodity contract [Member] | Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liability, Fair Value, Amount Not Offset Against Collateral	15,850
Derivative Liability		3,548
Commodity contract [Member] | Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liability, Fair Value, Amount Not Offset Against Collateral	0
Derivative Liability		84
Money market funds [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and cash equivalents	14,458	342,837
Money market funds [Member] | Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and cash equivalents	14,458	342,837
Money market funds [Member] | Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and cash equivalents	0	0
Money market funds [Member] | Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and cash equivalents	0	0
Commodity contract [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset, Fair Value, Amount Not Offset Against Collateral	22,505	983
Derivative assets, Effect of Counter-party Netting	(22,505)	(983)
Derivative assets, Net Carrying Value on Balance Sheet	0	0
Commodity contract [Member] | Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset, Fair Value, Amount Not Offset Against Collateral	18,257
Derivative assets, Net Carrying Value on Balance Sheet		948
Commodity contract [Member] | Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset, Fair Value, Amount Not Offset Against Collateral	4,248
Derivative assets, Net Carrying Value on Balance Sheet		35
Commodity contract [Member] | Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset, Fair Value, Amount Not Offset Against Collateral	$ 0
Derivative assets, Net Carrying Value on Balance Sheet		0
Derivatives included with intermediation agreement obligations [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset, Fair Value, Amount Not Offset Against Collateral		6,058
Derivative assets, Effect of Counter-party Netting		0
Derivative assets, Net Carrying Value on Balance Sheet		6,058
Derivatives included with intermediation agreement obligations [Member] | Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, Net Carrying Value on Balance Sheet		0
Derivatives included with intermediation agreement obligations [Member] | Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, Net Carrying Value on Balance Sheet		6,058
Derivatives included with intermediation agreement obligations [Member] | Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets, Net Carrying Value on Balance Sheet		$ 0

FAIR VALUE MEASUREMENTS (Change

FAIR VALUE MEASUREMENTS (Change in Fair Value at Level 3) (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Change in Fair Value Measurement Categorized in Level 3 [Roll Forward]
Transfers into Level 3	$ 0	$ 0	$ 0	$ 0
Commodity Contract [Member]
Change in Fair Value Measurement Categorized in Level 3 [Roll Forward]
Balance at beginning of period	0	493,000	(84,000)	3,543,000
Purchases	0	0	0	0
Settlements	0	(90,000)	45,000	(1,093,000)
Unrealized loss included in earnings	0	(21,000)	39,000	(2,068,000)
Transfers into Level 3	0	0	0	0
Transfers out of Level 3	0	0	0	0
Balance at end of period	$ 0	$ 382,000	$ 0	$ 382,000

FAIR VALUE MEASUREMENTS (Fair V

FAIR VALUE MEASUREMENTS (Fair Value and Carrying Value of Debt) (Details) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt, Carrying value	$ 1,652,022	$ 1,601,836
Long-term debt, Fair value	1,682,579	1,625,868
Unamortized Debt Issuance Expense	26,821	25,277
Long-term debt	1,625,201	1,576,559
Long-term debt, excluding current maturities, Fair value	1,682,579	1,625,868
Senior secured notes [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt, Carrying value	0	670,867
Long-term debt, Fair value	0	696,098
Long-term Line of Credit	350,000	350,000
Lines of Credit, Fair Value Disclosure	350,000	350,000
2023 Senior Secured Notes [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt, Fair value	514,575	498,801
Long-term debt	500,000	500,000
2025 Senior Notes [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt, Fair value	740,982	0
Long-term Debt, Gross	725,000	0
Rail Facility [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term Line of Credit	30,041	35,000
Lines of Credit, Fair Value Disclosure	30,041	35,000
Catalyst lease [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt, Carrying value	46,981	45,969
Long-term debt, Fair value	$ 46,981	$ 45,969

DERIVATIVES (Narrative) (Detail

DERIVATIVES (Narrative) (Details)	3 Months Ended		9 Months Ended
	Sep. 30, 2017USD ($)bbl	Sep. 30, 2016USD ($)	Sep. 30, 2017USD ($)bbl	Sep. 30, 2016USD ($)	Dec. 31, 2016bbl
Derivative [Line Items]
Loss on fair value hedge ineffectiveness | $	$ 0	$ 0	$ 0	$ 0
Intermediates and Refined Products Inventory [Member] | Fair Value Hedging [Member]
Derivative [Line Items]
Derivative, notional amount, volume	3,306,154		3,306,154		2,942,348
Crude Oil Commodity Contract [Member] | Not Designated as Hedging Instrument [Member]
Derivative [Line Items]
Derivative, notional amount, volume	37,496,000		37,496,000		5,950,000
Refined Product Commodity Contract [Member] | Not Designated as Hedging Instrument [Member]
Derivative [Line Items]
Derivative, notional amount, volume	8,163,000		8,163,000		2,831,000

DERIVATIVES (Fair Value of Deri

DERIVATIVES (Fair Value of Derivative Instruments) (Details) - Accrued Expenses [Member] - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Designated as Hedging Instrument [Member] | Inventory Intermediation Agreement Obligation [Member]
Derivatives, Fair Value [Line Items]
Fair Value Asset/(Liability)	$ (20,601)	$ 6,058
Not Designated as Hedging Instrument [Member] | Commodity Contract [Member]
Derivatives, Fair Value [Line Items]
Fair Value Asset/(Liability)	$ (5,016)	$ 3,508

DERIVATIVES (Gain (Loss) Recogn

DERIVATIVES (Gain (Loss) Recognized in Income) (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) on Fair Value Hedge Ineffectiveness, Net	$ 0	$ 0	$ 0	$ 0
Designated as Hedging Instrument [Member] | Inventory Intermediation Agreement Obligation [Member] | Cost of Sales [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gain or (Loss) Recognized in Income on Derivatives	(29,766,000)	(3,145,000)	(26,659,000)	(29,317,000)
Designated as Hedging Instrument [Member] | Intermediates and Refined Products Inventory [Member] | Cost of Sales [Member] | Fair Value Hedging [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gain or (Loss) Recognized in Income on Derivatives	29,766,000	3,145,000	26,659,000	29,317,000
Not Designated as Hedging Instrument [Member] | Commodity Contract [Member] | Cost of Sales [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gain or (Loss) Recognized in Income on Derivatives	$ (17,291,000)	$ (15,559,000)	$ (2,606,000)	$ (54,646,000)

SUBSEQUENT EVENTS (Details)

SUBSEQUENT EVENTS (Details)	Nov. 02, 2017$ / shares
PBF Energy [Member] | Subsequent Event [Member] | Class A Common Stock [Member]
Subsequent Event [Line Items]
Dividends declared per share	$ 0.3

CONDENSED CONSOLIDATING FINAN51

CONDENSED CONSOLIDATING FINANCIAL STATEMENTS OF PBF HOLDINGS (Narrative) (Details)	9 Months Ended
	Sep. 30, 2017
PBF Services Company [Member]
Condensed Financial Statements, Captions [Line Items]
Percentage of ownership in subsidiaries	100.00%
Delaware City Refining Company LLC [Member]
Condensed Financial Statements, Captions [Line Items]
Percentage of ownership in subsidiaries	100.00%
Delaware Pipeline Company LLC [Member]
Condensed Financial Statements, Captions [Line Items]
Percentage of ownership in subsidiaries	100.00%
PBF Power Marketing LLC [Member]
Condensed Financial Statements, Captions [Line Items]
Percentage of ownership in subsidiaries	100.00%
Paulsboro Refining Company LLC [Member]
Condensed Financial Statements, Captions [Line Items]
Percentage of ownership in subsidiaries	100.00%
Paulsboro Natural Gas Pipeline Company LLC [Member]
Condensed Financial Statements, Captions [Line Items]
Percentage of ownership in subsidiaries	100.00%
Toledo Refining Company LLC [Member]
Condensed Financial Statements, Captions [Line Items]
Percentage of ownership in subsidiaries	100.00%
Investments LLC [Member]
Condensed Financial Statements, Captions [Line Items]
Percentage of ownership in subsidiaries	100.00%
Torrance Valley Pipeline Company [Member]
Condensed Financial Statements, Captions [Line Items]
Ownership percentage	50.00%

CONDENSED CONSOLIDATING FINAN52

CONDENSED CONSOLIDATING FINANCIAL STATEMENTS OF PBF HOLDINGS (Balance Sheet) (Details) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016	Sep. 30, 2016	Dec. 31, 2015
Current assets:
Cash and cash equivalents	$ 241,745	$ 626,705	$ 519,375	$ 914,749
Accounts receivable	774,907	615,881
Accounts receivable - affiliate	19,938	7,631
Accounts receivable - affiliate	11,600	0
Inventories	2,310,692	1,863,560
Prepaid expense and other current assets	44,439	40,536
Due from related parties	0	0
Total current assets	3,403,321	3,154,313
Property, plant and equipment, net	2,805,149	2,728,699
Investment in subsidiaries	0	0
Investment in equity method investee	172,752	179,882
Deferred charges and other assets, net	801,415	504,003
Total assets	7,182,637	6,566,897
Current liabilities:
Accounts payable	441,483	530,365
Accounts payable - affiliate	36,045	37,863
Accrued expenses	1,809,571	1,462,729
Deferred revenue	3,296	12,340
Due to related parties	0	0
Total current liabilities	2,297,226	2,043,297
Long-term debt	1,625,201	1,576,559
Affiliate notes payable	0	86,298
Deferred tax liabilities	46,340	45,699
Investment in subsidiaries	0
Other long-term liabilities	213,344	226,111
Total liabilities	4,182,111	3,977,964
Commitments and contingencies
Equity:
Member’s equity	2,352,772	2,155,863
Retained earnings / (accumulated deficit)	659,891	446,519
Accumulated other comprehensive loss	(25,024)	(25,962)
Total PBF Holding Company LLC equity	2,987,639	2,576,420
Noncontrolling interest	12,887	12,513
Total equity	3,000,526	2,588,933
Total liabilities and equity	7,182,637	6,566,897
Notes Payable, Current	6,831	0
Issuer [Member]
Current assets:
Cash and cash equivalents	200,136	530,085	456,179	882,820
Accounts receivable	718,960	599,147
Accounts receivable - affiliate	1,392	2,432
Accounts receivable - affiliate	0
Inventories	2,064,678	1,680,058
Prepaid expense and other current assets	23,245	27,443
Due from related parties	27,591,736	24,141,120
Total current assets	30,600,147	26,980,285
Property, plant and equipment, net	23,884	33,772
Investment in subsidiaries	0	705,034
Investment in equity method investee	0	0
Deferred charges and other assets, net	27,934	12,317
Total assets	30,651,965	27,731,408
Current liabilities:
Accounts payable	310,158	360,260
Accounts payable - affiliate	34,815	37,077
Accrued expenses	1,467,974	1,094,581
Deferred revenue	3,214	10,901
Due to related parties	23,949,841	22,027,065
Total current liabilities	25,766,002	23,529,884
Long-term debt	1,548,591	1,496,085
Affiliate notes payable		86,298
Deferred tax liabilities	0	0
Investment in subsidiaries	308,940
Other long-term liabilities	27,906	30,208
Total liabilities	27,651,439	25,142,475
Commitments and contingencies
Equity:
Member’s equity	2,352,772	2,155,863
Retained earnings / (accumulated deficit)	659,891	446,519
Accumulated other comprehensive loss	(25,024)	(25,962)
Total PBF Holding Company LLC equity	2,987,639	2,576,420
Noncontrolling interest	12,887	12,513
Total equity	3,000,526	2,588,933
Total liabilities and equity	30,651,965	27,731,408
Notes Payable, Current	0
Guarantor Subsidiaries [Member]
Current assets:
Cash and cash equivalents	9,124	56,717	20,531	6,236
Accounts receivable	9,781	7,999
Accounts receivable - affiliate	17,946	4,504
Accounts receivable - affiliate	11,600
Inventories	0	0
Prepaid expense and other current assets	21,194	12,933
Due from related parties	22,923,564	21,883,569
Total current assets	22,993,209	21,965,722
Property, plant and equipment, net	2,543,193	2,452,877
Investment in subsidiaries	429,035	440,377
Investment in equity method investee	0	0
Deferred charges and other assets, net	773,447	491,673
Total assets	26,738,884	25,350,649
Current liabilities:
Accounts payable	112,773	157,277
Accounts payable - affiliate	1,327	786
Accrued expenses	125,490	201,935
Deferred revenue	74	1,438
Due to related parties	26,558,885	24,031,520
Total current liabilities	26,805,380	24,392,956
Long-term debt	46,938	45,908
Affiliate notes payable		0
Deferred tax liabilities	0	0
Investment in subsidiaries	0
Other long-term liabilities	181,293	192,204
Total liabilities	27,033,611	24,631,068
Commitments and contingencies
Equity:
Member’s equity	1,723,480	1,714,997
Retained earnings / (accumulated deficit)	(2,022,858)	(999,693)
Accumulated other comprehensive loss	(8,236)	(8,236)
Total PBF Holding Company LLC equity	(307,614)	707,068
Noncontrolling interest	12,887	12,513
Total equity	(294,727)	719,581
Total liabilities and equity	26,738,884	25,350,649
Notes Payable, Current	6,831
Non-Guarantor Subsidiaries [Member]
Current assets:
Cash and cash equivalents	32,485	41,366	44,534	28,968
Accounts receivable	46,166	8,735
Accounts receivable - affiliate	600	695
Accounts receivable - affiliate	0
Inventories	246,014	183,502
Prepaid expense and other current assets	0	160
Due from related parties	6,144,950	4,692,799
Total current assets	6,470,215	4,927,257
Property, plant and equipment, net	238,072	242,050
Investment in subsidiaries	0	0
Investment in equity method investee	172,752	179,882
Deferred charges and other assets, net	34	13
Total assets	6,881,073	5,349,202
Current liabilities:
Accounts payable	18,552	14,291
Accounts payable - affiliate	(97)	0
Accrued expenses	216,107	166,213
Deferred revenue	8	1
Due to related parties	6,151,524	4,658,903
Total current liabilities	6,386,094	4,839,408
Long-term debt	29,672	34,566
Affiliate notes payable		0
Deferred tax liabilities	46,340	45,699
Investment in subsidiaries	0
Other long-term liabilities	4,145	3,699
Total liabilities	6,466,251	4,923,372
Commitments and contingencies
Equity:
Member’s equity	357,332	374,067
Retained earnings / (accumulated deficit)	57,490	51,763
Accumulated other comprehensive loss	0	0
Total PBF Holding Company LLC equity	414,822	425,830
Noncontrolling interest	0	0
Total equity	414,822	425,830
Total liabilities and equity	6,881,073	5,349,202
Notes Payable, Current	0
Consolidation, Eliminations [Member]
Current assets:
Cash and cash equivalents	0	(1,463)	$ (1,869)	$ (3,275)
Accounts receivable	0	0
Accounts receivable - affiliate	0	0
Accounts receivable - affiliate	0
Inventories	0	0
Prepaid expense and other current assets	0	0
Due from related parties	(56,660,250)	(50,717,488)
Total current assets	(56,660,250)	(50,718,951)
Property, plant and equipment, net	0	0
Investment in subsidiaries	(429,035)	(1,145,411)
Investment in equity method investee	0	0
Deferred charges and other assets, net	0	0
Total assets	(57,089,285)	(51,864,362)
Current liabilities:
Accounts payable	0	(1,463)
Accounts payable - affiliate	0	0
Accrued expenses	0	0
Deferred revenue	0	0
Due to related parties	(56,660,250)	(50,717,488)
Total current liabilities	(56,660,250)	(50,718,951)
Long-term debt	0	0
Affiliate notes payable		0
Deferred tax liabilities	0	0
Investment in subsidiaries	(308,940)
Other long-term liabilities	0	0
Total liabilities	(56,969,190)	(50,718,951)
Commitments and contingencies
Equity:
Member’s equity	(2,080,812)	(2,089,064)
Retained earnings / (accumulated deficit)	1,965,368	947,930
Accumulated other comprehensive loss	8,236	8,236
Total PBF Holding Company LLC equity	(107,208)	(1,132,898)
Noncontrolling interest	(12,887)	(12,513)
Total equity	(120,095)	(1,145,411)
Total liabilities and equity	(57,089,285)	$ (51,864,362)
Notes Payable, Current	$ 0

CONDENSED CONSOLIDATING FINAN53

CONDENSED CONSOLIDATING FINANCIAL STATEMENTS OF PBF HOLDINGS (Statement of Operations) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Revenues	$ 5,475,816	$ 4,508,613	$ 15,239,265	$ 11,164,571
Cost of products and other	4,411,809	3,904,258	13,326,396	9,634,989
Cost and expenses:
Operating expenses (excluding depreciation and amortization expense as reflected below)	389,591	404,045	1,225,014	972,223
Depreciation and amortization expense	70,338	51,336	181,238	151,473
Cost of sales	4,871,738	4,359,639	14,732,648	10,758,685
General and administrative expenses (excluding depreciation and amortization expense as reflected below)	54,693	39,912	130,092	111,272
Depreciation and amortization expense	2,572	1,342	10,355	4,417
Equity income in investee	(3,799)	(1,621)	(11,218)	(1,621)
Gain on sale of asset	28	8,159	940	11,381
Total cost and expenses	4,925,232	4,407,431	14,862,817	10,884,134
Income from operations	550,584	101,182	376,448	280,437
Other income (expenses):
Equity in earnings of subsidiaries	0	0	0	0
Change in fair value of catalyst leases	473	77	(1,011)	(4,556)
Debt extinguishment costs	0	0	(25,451)	0
Interest expense, net	(29,269)	(33,896)	(92,782)	(98,446)
Income before income taxes	521,788	67,363	257,204	177,435
Income tax (benefit) expense	(4,292)	2,291	2,040	29,287
Net income	526,080	65,072	255,164	148,148
Less: net (loss) income attributable to noncontrolling interests	(6)	45	374	438
Net income attributable to PBF Holding Company LLC	526,086	65,027	254,790	147,710
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	526,373	65,453	255,728	149,173
Guarantor Subsidiaries [Member]
Revenues	223,582	441,554	983,917	586,336
Cost of products and other	85,031	428,587	615,093	532,040
Cost and expenses:
Operating expenses (excluding depreciation and amortization expense as reflected below)	380,951	385,761	1,200,370	948,403
Depreciation and amortization expense	68,419	47,471	175,543	143,994
Cost of sales	534,401	861,819	1,991,006	1,624,437
General and administrative expenses (excluding depreciation and amortization expense as reflected below)	4,959	4,312	18,410	20,372
Depreciation and amortization expense	0	0	0	0
Equity income in investee	0	0	0	0
Gain on sale of asset	28	73	940	97
Total cost and expenses	539,388	866,204	2,010,356	1,644,906
Income from operations	(315,806)	(424,650)	(1,026,439)	(1,058,570)
Other income (expenses):
Equity in earnings of subsidiaries	2,467	0	5,802	0
Change in fair value of catalyst leases	473	77	(1,011)	(4,556)
Debt extinguishment costs	0		0
Interest expense, net	(305)	(447)	(1,143)	(1,289)
Income before income taxes	(313,171)	(425,020)	(1,022,791)	(1,064,415)
Income tax (benefit) expense	0	0	0	0
Net income	(313,171)	(425,020)	(1,022,791)	(1,064,415)
Less: net (loss) income attributable to noncontrolling interests	(6)	45	374	438
Net income attributable to PBF Holding Company LLC	(313,165)	(425,065)	(1,023,165)	(1,064,853)
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	(313,165)	(425,065)	(1,023,165)	(1,064,853)
Non-Guarantor Subsidiaries [Member]
Revenues	536,386	345,215	1,578,553	1,005,656
Cost of products and other	538,011	328,734	1,551,638	995,726
Cost and expenses:
Operating expenses (excluding depreciation and amortization expense as reflected below)	8,351	18,259	24,686	24,195
Depreciation and amortization expense	1,919	3,865	5,695	7,479
Cost of sales	548,281	350,858	1,582,019	1,027,400
General and administrative expenses (excluding depreciation and amortization expense as reflected below)	(146)	780	(736)	(1,226)
Depreciation and amortization expense	0	0	0	0
Equity income in investee	(3,799)	(1,621)	(11,218)	(1,621)
Gain on sale of asset	0	5,668	0	8,866
Total cost and expenses	544,336	355,685	1,570,065	1,033,419
Income from operations	(7,950)	(10,470)	8,488	(27,763)
Other income (expenses):
Equity in earnings of subsidiaries	0	0	0	0
Change in fair value of catalyst leases	0	0	0	0
Debt extinguishment costs	0		0
Interest expense, net	(272)	(467)	(721)	(1,589)
Income before income taxes	(8,222)	(10,937)	7,767	(29,352)
Income tax (benefit) expense	(4,292)	2,291	2,040	29,287
Net income	(3,930)	(13,228)	5,727	(58,639)
Less: net (loss) income attributable to noncontrolling interests	0	0	0	0
Net income attributable to PBF Holding Company LLC	(3,930)	(13,228)	5,727	(58,639)
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	(3,930)	(13,228)	5,727	(58,639)
Issuer [Member]
Revenues	5,410,245	4,488,925	15,064,488	11,119,301
Cost of products and other	4,483,164	3,914,018	13,547,358	9,653,945
Cost and expenses:
Operating expenses (excluding depreciation and amortization expense as reflected below)	289	25	(42)	(375)
Depreciation and amortization expense	0	0	0	0
Cost of sales	4,483,453	3,914,043	13,547,316	9,653,570
General and administrative expenses (excluding depreciation and amortization expense as reflected below)	49,880	34,820	112,418	92,126
Depreciation and amortization expense	2,572	1,342	10,355	4,417
Equity income in investee	0	0	0	0
Gain on sale of asset	0	2,418	0	2,418
Total cost and expenses	4,535,905	3,952,623	13,670,089	9,752,531
Income from operations	874,340	536,302	1,394,399	1,366,770
Other income (expenses):
Equity in earnings of subsidiaries	(319,568)	(438,249)	(1,022,866)	(1,123,054)
Change in fair value of catalyst leases	0	0		0
Debt extinguishment costs	0		(25,451)
Interest expense, net	(28,692)	(32,982)	(90,918)	(95,568)
Income before income taxes	526,080	65,071	255,164	148,148
Income tax (benefit) expense	0	0	0	0
Net income	526,080	65,071	255,164	148,148
Less: net (loss) income attributable to noncontrolling interests	(6)	45	374	438
Net income attributable to PBF Holding Company LLC	526,086	65,026	254,790	147,710
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	526,373	65,452	255,728	149,173
Consolidation, Eliminations [Member]
Revenues	(694,397)	(767,081)	(2,387,693)	(1,546,722)
Cost of products and other	(694,397)	(767,081)	(2,387,693)	(1,546,722)
Cost and expenses:
Operating expenses (excluding depreciation and amortization expense as reflected below)	0	0	0	0
Depreciation and amortization expense	0	0	0	0
Cost of sales	(694,397)	(767,081)	(2,387,693)	(1,546,722)
General and administrative expenses (excluding depreciation and amortization expense as reflected below)	0	0	0	0
Depreciation and amortization expense	0	0	0	0
Equity income in investee	0	0	0	0
Gain on sale of asset	0	0	0	0
Total cost and expenses	(694,397)	(767,081)	(2,387,693)	(1,546,722)
Income from operations	0	0	0	0
Other income (expenses):
Equity in earnings of subsidiaries	317,101	438,249	1,017,064	1,123,054
Change in fair value of catalyst leases	0	0	0	0
Debt extinguishment costs	0		0
Interest expense, net	0	0	0	0
Income before income taxes	317,101	438,249	1,017,064	1,123,054
Income tax (benefit) expense	0	0	0	0
Net income	317,101	438,249	1,017,064	1,123,054
Less: net (loss) income attributable to noncontrolling interests	6	(45)	(374)	(438)
Net income attributable to PBF Holding Company LLC	317,095	438,294	1,017,438	1,123,492
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	$ 317,095	$ 438,294	$ 1,017,438	$ 1,123,492

CONDENSED CONSOLIDATING FINAN54

CONDENSED CONSOLIDATING FINANCIAL STATEMENTS OF PBF HOLDINGS (Statement of Cash Flows) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Condensed Financial Statements, Captions [Line Items]
Proceeds from catalyst lease			$ 0	$ 7,927
Cash flows from operating activities:
Net income	$ 526,080	$ 65,072	255,164	148,148
Adjustments to reconcile net income to net cash from operating activities:
Depreciation and amortization			197,365	162,565
Stock-based compensation			13,549	12,658
Change in fair value of catalyst leases			1,011	4,556
Deferred income taxes	(4,482)	1,902	641	27,813
Change in Non-cash Lower of Cost or Market Adjustment			(97,943)	(320,833)
Non-cash change in inventory repurchase obligations			(26,659)	29,317
Debt extinguishment costs	0	0	25,451	0
Pension and other post-retirement benefit costs			31,682	25,894
Income (Loss) from Equity Method Investments, Net of Dividends or Distributions			(11,218)	(1,621)
Distributions from equity method investee			16,897	0
Gain (Loss) on Disposition of Property Plant Equipment			940	11,381
Equity in earnings of subsidiaries	0	0	0	0
Changes in operating assets and liabilities:
Accounts receivable			(159,026)	(194,898)
Due to/from affiliates			(2,318)	8,194
Inventories			(349,189)	54,052
Prepaid expense and other current assets			(4,107)	(20,203)
Accounts payable			(103,069)	50,297
Accrued expenses			401,674	308,047
Deferred revenue			(9,044)	8,029
Other assets and liabilities			(57,387)	(21,880)
Net cash (used in) provided by operations			124,414	291,516
Acquisition of Torrance refinery and related logistics assets			0	(971,932)
Cash flows from investing activities:
Expenditures for property, plant and equipment			(211,224)	(187,743)
Expenditures for deferred turnaround costs			(341,598)	(138,936)
Expenditures for other assets			(31,096)	(27,735)
Investment in subsidiary				0
Chalmette Acquisition working capital settlement			0	2,659
Equity method investment - return of capital			451	0
Proceeds from sale of assets			0	13,030
Net cash used in investing activities			(583,467)	(1,315,975)
Cash flows from financing activities:
Parent Distribution				0
Distribution to members			(39,315)	(92,503)
Proceeds from members' capital contributions			(97,000)	(175,000)
Proceeds from affiliate notes payable			0	635
Repayment of affiliate notes payable			0	(517)
Proceeds from revolver borrowings			490,000	550,000
Repayments of Lines of Credit			490,000	0
Payment of Financing and Stock Issuance Costs			13,424
Net cash provided by (used in) financing activities			74,093	629,085
Net (decrease) increase in cash and cash equivalents			(384,960)	(395,374)
Cash and equivalents, beginning of period			626,705	914,749
Cash and equivalents, end of period	241,745	519,375	241,745	519,375
Issuer [Member]
Condensed Financial Statements, Captions [Line Items]
Proceeds from catalyst lease				0
Cash flows from operating activities:
Net income	526,080	65,071	255,164	148,148
Adjustments to reconcile net income to net cash from operating activities:
Depreciation and amortization			15,746	10,828
Stock-based compensation			0	0
Change in fair value of catalyst leases			0	0
Deferred income taxes			0	0
Change in Non-cash Lower of Cost or Market Adjustment			(97,943)	(320,833)
Non-cash change in inventory repurchase obligations			(26,659)	29,317
Debt extinguishment costs	0		25,451
Pension and other post-retirement benefit costs			4,956	5,249
Income (Loss) from Equity Method Investments, Net of Dividends or Distributions				0
Distributions from equity method investee			0
Gain (Loss) on Disposition of Property Plant Equipment			0	2,418
Equity in earnings of subsidiaries	(319,568)	(438,249)	(1,022,866)	(1,123,054)
Changes in operating assets and liabilities:
Accounts receivable			(119,813)	(205,816)
Due to/from affiliates			(1,494,632)	(1,624,741)
Inventories			(286,677)	56,792
Prepaid expense and other current assets			4,200	(6,330)
Accounts payable			(50,102)	37,074
Accrued expenses			365,132	661,974
Deferred revenue			(7,687)	6,559
Other assets and liabilities			(14,472)	(7,573)
Net cash (used in) provided by operations			(404,470)	(83,880)
Acquisition of Torrance refinery and related logistics assets				(971,932)
Cash flows from investing activities:
Expenditures for property, plant and equipment			(847)	(16,244)
Expenditures for deferred turnaround costs			0	0
Expenditures for other assets			0	0
Investment in subsidiary				(12,800)
Chalmette Acquisition working capital settlement				0
Equity method investment - return of capital			0
Increase (Decrease) Due from Other Related Parties			(3,684)
Proceeds from sale of assets				0
Net cash used in investing activities			(4,531)	(975,376)
Cash flows from financing activities:
Parent Distribution				0
Distribution to members			(39,315)	(92,503)
Proceeds from members' capital contributions			(97,000)	(175,000)
Proceeds from affiliate notes payable				635
Repayment of affiliate notes payable				(517)
Proceeds from revolver borrowings			490,000	550,000
Repayments of Lines of Credit			490,000
Increase (Decrease) in Due to Other Related Parties			0
Payment of Financing and Stock Issuance Costs			13,424
Net cash provided by (used in) financing activities			79,052	632,615
Net (decrease) increase in cash and cash equivalents			(329,949)	(426,641)
Cash and equivalents, beginning of period			530,085	882,820
Cash and equivalents, end of period	200,136	456,179	200,136	456,179
Guarantor Subsidiaries [Member]
Condensed Financial Statements, Captions [Line Items]
Proceeds from catalyst lease				7,927
Cash flows from operating activities:
Net income	(313,171)	(425,020)	(1,022,791)	(1,064,415)
Adjustments to reconcile net income to net cash from operating activities:
Depreciation and amortization			175,859	144,011
Stock-based compensation			13,549	12,658
Change in fair value of catalyst leases			1,011	4,556
Deferred income taxes			0	0
Change in Non-cash Lower of Cost or Market Adjustment			0	0
Non-cash change in inventory repurchase obligations			0	0
Debt extinguishment costs	0		0
Pension and other post-retirement benefit costs			26,726	20,645
Income (Loss) from Equity Method Investments, Net of Dividends or Distributions			0	0
Distributions from equity method investee			0
Gain (Loss) on Disposition of Property Plant Equipment			940	97
Equity in earnings of subsidiaries	2,467	0	5,802	0
Changes in operating assets and liabilities:
Accounts receivable			(1,782)	3,695
Due to/from affiliates			1,451,846	1,588,690
Inventories			0	0
Prepaid expense and other current assets			(8,467)	(11,768)
Accounts payable			(58,691)	16,943
Accrued expenses			(13,352)	(353,030)
Deferred revenue			(1,364)	0
Other assets and liabilities			(26,189)	(14,210)
Net cash (used in) provided by operations			531,493	347,872
Acquisition of Torrance refinery and related logistics assets				0
Cash flows from investing activities:
Expenditures for property, plant and equipment			(210,076)	(172,174)
Expenditures for deferred turnaround costs			(341,598)	(138,936)
Expenditures for other assets			(31,096)	(27,735)
Investment in subsidiary				0
Chalmette Acquisition working capital settlement				2,659
Equity method investment - return of capital			0
Increase (Decrease) Due from Other Related Parties			0
Proceeds from sale of assets				0
Net cash used in investing activities			(582,770)	(341,504)
Cash flows from financing activities:
Parent Distribution				0
Distribution to members			0	0
Proceeds from members' capital contributions			0	0
Proceeds from affiliate notes payable				0
Repayment of affiliate notes payable				0
Proceeds from revolver borrowings			0	0
Repayments of Lines of Credit			0
Increase (Decrease) in Due to Other Related Parties			(3,684)
Payment of Financing and Stock Issuance Costs			0
Net cash provided by (used in) financing activities			3,684	7,927
Net (decrease) increase in cash and cash equivalents			(47,593)	14,295
Cash and equivalents, beginning of period			56,717	6,236
Cash and equivalents, end of period	9,124	20,531	9,124	20,531
Non-Guarantor Subsidiaries [Member]
Condensed Financial Statements, Captions [Line Items]
Proceeds from catalyst lease				0
Cash flows from operating activities:
Net income	(3,930)	(13,228)	5,727	(58,639)
Adjustments to reconcile net income to net cash from operating activities:
Depreciation and amortization			5,760	7,726
Stock-based compensation			0	0
Change in fair value of catalyst leases			0	0
Deferred income taxes			641	27,813
Change in Non-cash Lower of Cost or Market Adjustment			0	0
Non-cash change in inventory repurchase obligations			0	0
Debt extinguishment costs	0		0
Pension and other post-retirement benefit costs			0	0
Income (Loss) from Equity Method Investments, Net of Dividends or Distributions			(11,218)	(1,621)
Distributions from equity method investee			16,897
Gain (Loss) on Disposition of Property Plant Equipment			0	8,866
Equity in earnings of subsidiaries	0	0	0	0
Changes in operating assets and liabilities:
Accounts receivable			(37,431)	7,223
Due to/from affiliates			40,468	44,245
Inventories			(62,512)	(2,740)
Prepaid expense and other current assets			160	(2,105)
Accounts payable			4,261	(5,126)
Accrued expenses			49,894	(897)
Deferred revenue			7	1,470
Other assets and liabilities			(16,726)	(97)
Net cash (used in) provided by operations			(4,072)	26,118
Acquisition of Torrance refinery and related logistics assets				0
Cash flows from investing activities:
Expenditures for property, plant and equipment			(301)	675
Expenditures for deferred turnaround costs			0	0
Expenditures for other assets			0	0
Investment in subsidiary				0
Chalmette Acquisition working capital settlement				0
Equity method investment - return of capital			451
Increase (Decrease) Due from Other Related Parties			0
Proceeds from sale of assets				13,030
Net cash used in investing activities			150	13,705
Cash flows from financing activities:
Parent Distribution				12,800
Distribution to members			0	0
Proceeds from members' capital contributions			0	0
Proceeds from affiliate notes payable				0
Repayment of affiliate notes payable				0
Proceeds from revolver borrowings			0	0
Repayments of Lines of Credit			0
Increase (Decrease) in Due to Other Related Parties			0
Payment of Financing and Stock Issuance Costs			0
Net cash provided by (used in) financing activities			(4,959)	(24,257)
Net (decrease) increase in cash and cash equivalents			(8,881)	15,566
Cash and equivalents, beginning of period			41,366	28,968
Cash and equivalents, end of period	32,485	44,534	32,485	44,534
PBF Holding Company LLC [Member]
Cash flows from investing activities:
Increase (Decrease) Due from Other Related Parties			0
Cash flows from financing activities:
Increase (Decrease) in Due to Other Related Parties			0
Consolidation, Eliminations [Member]
Condensed Financial Statements, Captions [Line Items]
Proceeds from catalyst lease				0
Cash flows from operating activities:
Net income	317,101	438,249	1,017,064	1,123,054
Adjustments to reconcile net income to net cash from operating activities:
Depreciation and amortization			0	0
Stock-based compensation			0	0
Change in fair value of catalyst leases			0	0
Deferred income taxes			0	0
Change in Non-cash Lower of Cost or Market Adjustment			0	0
Non-cash change in inventory repurchase obligations			0	0
Debt extinguishment costs	0		0
Pension and other post-retirement benefit costs			0	0
Income (Loss) from Equity Method Investments, Net of Dividends or Distributions			0	0
Distributions from equity method investee			0
Gain (Loss) on Disposition of Property Plant Equipment			0	0
Equity in earnings of subsidiaries	317,101	438,249	1,017,064	1,123,054
Changes in operating assets and liabilities:
Accounts receivable			0	0
Due to/from affiliates			0	0
Inventories			0	0
Prepaid expense and other current assets			0	0
Accounts payable			1,463	1,406
Accrued expenses			0	0
Deferred revenue			0	0
Other assets and liabilities			0	0
Net cash (used in) provided by operations			1,463	1,406
Acquisition of Torrance refinery and related logistics assets				0
Cash flows from investing activities:
Expenditures for property, plant and equipment			0	0
Expenditures for deferred turnaround costs			0	0
Expenditures for other assets			0	0
Investment in subsidiary				12,800
Chalmette Acquisition working capital settlement				0
Equity method investment - return of capital			0
Increase (Decrease) Due from Other Related Parties			3,684
Proceeds from sale of assets				0
Net cash used in investing activities			3,684	(12,800)
Cash flows from financing activities:
Parent Distribution				(12,800)
Distribution to members			0	0
Proceeds from members' capital contributions			0	0
Proceeds from affiliate notes payable				0
Repayment of affiliate notes payable				0
Proceeds from revolver borrowings			0	0
Repayments of Lines of Credit			0
Increase (Decrease) in Due to Other Related Parties			3,684
Payment of Financing and Stock Issuance Costs			0
Net cash provided by (used in) financing activities			(3,684)	12,800
Net (decrease) increase in cash and cash equivalents			1,463	1,406
Cash and equivalents, beginning of period			(1,463)	(3,275)
Cash and equivalents, end of period	$ 0	$ (1,869)	0	(1,869)
Rail Facility [Member]
Cash flows from financing activities:
Repayments of Lines of Credit			0	11,457
Rail Facility [Member] | Issuer [Member]
Cash flows from financing activities:
Repayments of Lines of Credit				0
Rail Facility [Member] | Guarantor Subsidiaries [Member]
Cash flows from financing activities:
Repayments of Lines of Credit				0
Rail Facility [Member] | Non-Guarantor Subsidiaries [Member]
Cash flows from financing activities:
Repayments of Lines of Credit				11,457
Rail Facility [Member] | Consolidation, Eliminations [Member]
Cash flows from financing activities:
Repayments of Lines of Credit				0
2025 Senior Notes [Member]
Cash flows from financing activities:
Proceeds from Issuance of Debt			725,000
2025 Senior Notes [Member] | Issuer [Member]
Cash flows from financing activities:
Proceeds from Issuance of Debt			725,000
2025 Senior Notes [Member] | Guarantor Subsidiaries [Member]
Cash flows from financing activities:
Proceeds from Issuance of Debt			0
2025 Senior Notes [Member] | Non-Guarantor Subsidiaries [Member]
Cash flows from financing activities:
Proceeds from Issuance of Debt			0
2025 Senior Notes [Member] | Consolidation, Eliminations [Member]
Cash flows from financing activities:
Proceeds from Issuance of Debt			0
2020 Senior Secured Notes [Member]
Cash flows from financing activities:
Repayments of Long-term Debt			690,209	0
2020 Senior Secured Notes [Member] | Issuer [Member]
Cash flows from financing activities:
Repayments of Long-term Debt			690,209
2020 Senior Secured Notes [Member] | Guarantor Subsidiaries [Member]
Cash flows from financing activities:
Repayments of Long-term Debt			0
2020 Senior Secured Notes [Member] | Non-Guarantor Subsidiaries [Member]
Cash flows from financing activities:
Repayments of Long-term Debt			0
2020 Senior Secured Notes [Member] | Consolidation, Eliminations [Member]
Cash flows from financing activities:
Repayments of Long-term Debt			0
Rail Term Loan [Member]
Cash flows from financing activities:
Repayments of Long-term Debt			4,959	$ 0
Repayments of Debt			(4,959)
Rail Term Loan [Member] | Issuer [Member]
Cash flows from financing activities:
Repayments of Debt			0
Rail Term Loan [Member] | Guarantor Subsidiaries [Member]
Cash flows from financing activities:
Repayments of Debt			0
Rail Term Loan [Member] | Non-Guarantor Subsidiaries [Member]
Cash flows from financing activities:
Repayments of Debt			(4,959)
Rail Term Loan [Member] | Consolidation, Eliminations [Member]
Cash flows from financing activities:
Repayments of Debt			$ 0

Uncategorized Items - pbf-20170

Label	Element	Value
Construction in Progress Expenditures Incurred but Not yet Paid	us-gaap_ConstructionInProgressExpendituresIncurredButNotYetPaid	$ 16,813,000
Construction in Progress Expenditures Incurred but Not yet Paid	us-gaap_ConstructionInProgressExpendituresIncurredButNotYetPaid	33,120,000
Distribution of assets to parent company	pbf_Distributionofassetstoparentcompany	173,426,000
Distribution of assets to parent company	pbf_Distributionofassetstoparentcompany	$ 25,547,000