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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Cash flows from operating activities:    
Net income (loss) $ 18.9 $ 12.9
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 105.1 90.7
Allowance for doubtful accounts 0.8 0.2
Amortization of deferred financing costs and original issue discount 2.4 1.3
Amortization of debt fair value adjustment 0.0 1.3
Deferred income taxes expense 7.0 2.9
Loss on disposition of assets 1.2 0.4
Loss on extinguishment of debt 0.0 5.1
Share-based compensation 6.7 3.0
Unrealized gain on securities 0.0 (0.3)
Loss (gain) on derivatives, net (12.2) 3.1
Current period settlements on derivative contracts 1.1 28.5
Income from equity method investment (0.1) 0.0
Changes in assets and liabilities:    
Accounts receivable 9.2 (45.4)
Inventories 31.9 15.1
Prepaid expenses and other current assets 22.1 (5.4)
Due to/from parent (9.0) (3.0)
Other long-term assets 0.3 (0.1)
Accounts payable (11.9) (21.9)
Accrued income taxes 0.1 (0.1)
Deferred revenue (9.1) (31.6)
Other current liabilities 78.0 10.7
Other long-term liabilities (0.4) 2.5
Net cash provided by operating activities 242.1 69.9
Cash flows from investing activities:    
Capital expenditures (57.4) (82.8)
Acquisition of CVR Nitrogen, net of cash acquired 0.0 (63.9)
Purchase of securities 0.0 (4.2)
Investment in affiliates (1.4) 0.0
Purchase of available-for-sale securities 0.0 (4.2)
Net cash used in investing activities (58.8) (155.1)
Cash flows from financing activities:    
Payment of capital lease obligations (0.9) (0.8)
Principal and premium payments on 2021 Notes 0.0 (320.5)
Principal payments on CRNF credit facility 0.0 (125.0)
Payment of revolving debt 0.0 (49.1)
Payment of deferred financing costs 0.0 (6.6)
Proceeds on issuance of 2023 Notes, net of original issue discount 0.0 628.8
Dividends to CVR Energy's stockholders (86.8) (86.8)
Distributions to CVR Partners' noncontrolling interest holders (1.5) (29.3)
Net cash provided by (used in) financing activities (89.2) 10.7
Net increase (decrease) in cash and cash equivalents 94.1 (74.5)
Cash and cash equivalents, beginning of period 735.8 765.1
Cash and cash equivalents, end of period 829.9 690.6
Supplemental disclosures:    
Cash paid (refunded) for income taxes, net 10.1 (0.2)
Cash paid for interest, net of capitalized interest of $0.5 and $3.4 in 2017 and 2016, respectively 52.2 25.0
Non-cash investing and financing activities:    
Construction in progress additions included in accounts payable 9.4 9.9
Change in accounts payable related to construction in process additions (6.8) (12.4)
Landlord incentives for leasehold improvements 1.3 0.0
Fair value of common units issued in a business combination 0.0 335.7
Fair value of debt assumed in a business combination 0.0 367.5
Reduction of proceeds from 2023 Notes from underwriting discount $ 0.0 $ 16.1