Dividends	3 Months Ended
Mar. 31, 2013
Dividends
Dividends	(9) Dividends On January 24, 2013, the board of directors of the Company adopted a quarterly cash dividend policy. Subject to declaration by its board of directors, CVR Energy's initial quarterly dividend is expected to be $0.75 per share, or $3.00 per share on an annualized basis, which the Company plans to begin paying in the second quarter of 2013. In addition, the Board of Directors of CVR Energy declared a special dividend of $5.50 per share, which was paid on February 19, 2013, to stockholders of record at the close of business on February 5, 2013. The total amount of the special dividend payment was approximately $477.6 million and is reflected as a reduction of retained earnings in the Condensed Consolidated Statement of Changes in Equity. Of this amount, approximately $391.6 million was paid to IEP in respect of its 82% ownership interest in the Company's shares.

(9) Dividends

On January 24, 2013, the board of directors of the Company adopted a quarterly cash dividend policy. Subject to declaration by its board of directors, CVR Energy's initial quarterly dividend is expected to be $0.75 per share, or $3.00 per share on an annualized basis, which the Company plans to begin paying in the second quarter of 2013. In addition, the Board of Directors of CVR Energy declared a special dividend of $5.50 per share, which was paid on February 19, 2013, to stockholders of record at the close of business on February 5, 2013. The total amount of the special dividend payment was approximately $477.6 million and is reflected as a reduction of retained earnings in the Condensed Consolidated Statement of Changes in Equity. Of this amount, approximately $391.6 million was paid to IEP in respect of its 82% ownership interest in the Company's shares.