Guarantor (Tables)

12 Months Ended

Dec. 31, 2018

Condensed Financial Information Disclosure [Abstract]

Guarantor Consolidating Balance Sheet

Condensed Consolidating Balance Sheet

	December 31, 2018
	Parent			Subsidiary Issuer		Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Intercompany Elimination				Consolidated
(in millions)
ASSETS
Current assets:
Cash and cash equivalents	$	3		$	340	$	252		$	73		$	—			$	668
Accounts receivable	—			—		107			62			—				169
Intercompany receivable	6			—		4			—			(10		)		—
Inventories	—			—		316			64			—				380
Prepaid expenses and other current assets	31			1		47			5			(8		)		76
Total current assets	40			341		726		—	204		—	(18		)	—	1,293
Property, plant and equipment, net of accumulated depreciation	—			—		1,425			1,020			—				2,445
Investment in and advances from subsidiaries	1,192			1,601		173			1,440			(4,406		)		—
Other long-term assets	—			1		123			45			—				169
Total assets	$	1,232		$	1,943	$	2,447	200,000	$	2,709	200,000	$	(4,424	)	200,000	$	3,907
LIABILITIES AND PARTNERS' CAPITAL
Current liabilities:
Note payable and capital lease obligations	$	—		$	—	$	3		$	—		$	—			$	3
Accounts payable	1			—		291			29			(1		)		320
Intercompany payables	—			—		—			10			(10		)		—
Other current liabilities	6			7		62			105			(7		)		173
Total current liabilities	7			7		356		—	144		—	(18		)	—	496
Long-term liabilities:
Long-term debt and capital lease obligations, net of current portion	—			496		42			629			—				1,167
Investment and advances from subsidiaries	—			—		106			—			(106		)		—
Deferred income taxes	(24		)	—		—			386			—				362
Other long-term liabilities	3			—		7			4			—				14
Total long-term liabilities	(21		)	496		155		—	1,019		—	(106		)	—	1,543
Commitments and contingencies
Equity:
Total CVR stockholders’ equity	1,246			1,440		1,936			924			(4,300		)		1,246
Noncontrolling interest	—			—		—			622			—				622
Total equity	1,246			1,440		1,936			1,546			(4,300		)		1,868
Total liabilities and equity	$	1,232		$	1,943	$	2,447	—	$	2,709	—	$	(4,424	)	—	$	3,907

Condensed Consolidating Balance Sheet

	December 31, 2017
	Parent			Subsidiary Issuer		Guarantor Subsidiaries			Combined Non-Guarantor Subsidiaries			Intercompany Elimination				Consolidated
(in millions)
ASSETS
Current assets:
Cash and cash equivalents	$	4		$	163	$	261		$	54		$	—			$	482
Accounts receivable	—			—		169			10			—				179
Intercompany receivables	9			—		8			—			(17		)		—
Inventories	—			—		316			53			—				369
Prepaid expenses and other current assets	13			1		23			18			(7		)		48
Total current assets	26			164		777		—	135		—	(24		)	—	1,078
Property, plant and equipment, net of accumulated depreciation	—			—		1,513			1,075			—				2,588
Investment in and advances from subsidiaries	897			1,596		189			1,259			(3,941		)		—
Other long-term assets	1			1		91			48			—				141
Total assets	$	924		$	1,761	$	2,570	—	$	2,517	—	$	(3,965	)	—	$	3,807
LIABILITIES AND PARTNERS' CAPITAL
Current liabilities:
Note payable and capital lease obligations	$	—		$	—	$	2		$	—		$	—			$	2
Accounts payable	1			—		310			24			(1		)		334
Intercompany payables	—			—		—			17			(17		)		—
Other current liabilities	12			5		151			46			(6		)		208
Total current liabilities	13			5		463		—	87		—	(24		)	—	544
Long-term liabilities:
Long-term debt and capital lease obligations, net of current portion	—			496		42			626			—				1,164
Investment and advances from subsidiaries	—			—		230			—			(230		)		—
Deferred income taxes	(8		)	—		—			394			—				386
Other long-term liabilities	—			—		4			5			—				9
Total long-term liabilities	(8		)	496		276		—	1,025		—	(230		)	—	1,559
Commitments and contingencies
Equity:
Total CVR stockholders’ equity	919			1,260		1,831			620			(3,711		)		919
Noncontrolling interest	—			—		—			785			—				785
Total equity	919			1,260		1,831		—	1,405		—	(3,711		)	—	1,704
Total liabilities and equity	$	924		$	1,761	$	2,570	—	$	2,517	—	$	(3,965	)	—	$	3,807

Guarantor Consolidated Statement of Operations

Condensed Consolidating Statement of Operations

	Year Ended December 31, 2018
	Parent			Subsidiary Issuer			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Intercompany Eliminations			Consolidated
(in millions)
Net sales	$	—		$	—		$	6,779		$	351		$	(6	)	$	7,124
Operating costs and expenses:
Cost of materials and other	—			—			5,601			88			(6		)	5,683
Direct operating expenses	—			—			364			159			—			523
Depreciation and amortization	—			—			130			72			—			202
Cost of sales	—			—			6,095			319			(6		)	6,408
Selling, general and administrative expenses	17			1			60			34			—			112
Depreciation and amortization	—			—			8			3			—			11
Loss on asset disposals	—			—			5			1			—			6
Operating income (loss)	(17		)	(1		)	611			(6		)	—			587
Other income (expense):
Interest expense, net	—			(32		)	(7		)	(63		)	—			(102		)
Other income, net	—			—			9			6			—			15
Income (loss) from subsidiaries	303			611			(46		)	578			(1,446		)	—
Income (loss) before income taxes	286			578			567			515			(1,446		)	500
Income tax expense (benefit)	(3		)	—			—			92			—			89
Net income (loss)	289			578			567			423			(1,446		)	411
Less: Net income attributable to noncontrolling interest	—			—			—			122			—			122
Net income (loss) attributable to CVR Energy stockholders	$	289		$	578		$	567		$	301		$	(1,446	)	$	289

Condensed Consolidating Statement of Operations

	Year Ended December 31, 2017
	Parent			Subsidiary Issuer			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Intercompany Elimination			Consolidated
(in millions)
Net sales	$	—		$	—		$	5,665		$	331		$	(8	)	$	5,988
Operating costs and expenses:
Cost of materials and other	—			—			4,876			85			(8		)	4,953
Direct operating expenses	—			—			441			157			—			598
Depreciation and amortization	—			—			129			74			—			203
Cost of sales	—			—			5,446			316			(8		)	5,754
Selling, general and administrative expenses	15			1			14			83			—			113
Depreciation and amortization	—			—			8			3			—			11
Loss on asset disposals	—			—			3			—			—			3
Operating income (loss)	(15		)	(1		)	194			(71		)	—			107
Other income (expense):
Interest expense, net	—			(34		)	(11		)	(64		)	—			(109		)
Other income, net	—			—			1			1			—			2
Income (loss) from subsidiaries	246			184			(88		)	148			(490		)	—
Income (loss) before income taxes	231			149			96			14			(490		)	—
Income tax benefit	(4		)	—			—			(213		)	—			(217		)
Net income (loss)	235			149			96			227			(490		)	217
Less: Net loss attributable to noncontrolling interest	—			—			—			(18		)	—			(18		)
Net income (loss) attributable to CVR Energy stockholders	$	235		$	149		$	96		$	245		$	(490	)	$	235

Condensed Consolidating Statement of Operations

	Year Ended December 31, 2016
	Parent			Subsidiary Issuer			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Intercompany Elimination			Consolidated
(in millions)
Net sales	$	—		$	—		$	4,432		$	356		$	(6	)	$	4,782
Operating costs and expenses:
Cost of materials and other	—			—			3,780			93			(6		)	3,867
Direct operating expenses	—			—			392			149			—			541
Depreciation and amortization	—			—			126			58			—			184
Cost of sales	—			—			4,298			300			(6		)	4,592
Selling, general and administrative expenses	12			1			15			82			—			110
Depreciation and amortization	—			—			6			3			—			9
Loss on asset disposals	—			—			—			1			—			1
Operating income (loss)	(12		)	(1		)	113			(30		)	—			70
Other income (expense):
Interest expense, net	—			(32		)	(2		)	(49		)	—			(83		)
Other income, net	5			—			—			(3		)	—			2
Income (loss) from subsidiaries	26			103			(64		)	78			(143		)	—
Income (loss) before income taxes	19			70			47			(4		)	(143		)	(11		)
Income tax benefit	(6		)	—			—			(14		)	—			(20		)
Net income (loss)	25			70			47			10			(143		)	9
Less: Net loss attributable to noncontrolling interest	—			—			—			(16		)	—			(16		)
Net income (loss) attributable to CVR Energy stockholders	$	25		$	70		$	47		$	26		$	(143	)	$	25

Guarantor Consolidated Statement of Cash Flows

Condensed Consolidating Statement of Cash Flows

	Year Ended December 31, 2018
	Parent			Subsidiary Issuer			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Intercompany Elimination			Consolidated
(in millions)
Net cash provided by (used in) operating activities	38			(31		)	687			(77		)	3			620
Cash flows from investing activities:
Capital expenditures	(3		)	—			(79		)	(20		)	—			(102		)
Investment in affiliates, net of return of investment	202			630			679			435			(1,946		)	—
Other investing activities	—			—			—			2			—			2
Net cash provided by (used in) investing activities	199			630			600			417			(1,946		)	(100		)
Cash flows from financing activities:
CVR Energy shareholder dividends	(238		)	—			—			—			—			(238		)
CVR Refining unitholder distributions	—			—			(93		)	—			—			(93		)
Distributions or intercompany advances to other CVR Energy subsidiaries	—			(422		)	(1,202		)	(319		)	1,943			—
Other financing activities	—			—			(1		)	(2		)	—			(3		)
Net cash provided by (used in) financing activities	(238		)	(422		)	(1,296		)	(321		)	1,943			(334		)
Net increase (decrease) in cash and cash equivalents	(1		)	177			(9		)	19			—			186
Cash and cash equivalents, beginning of period	4			163			261			54			—			482
Cash and cash equivalents, end of period	$	3		$	340		$	252		$	73		$	—		$	668

Condensed Consolidating Statement of Cash Flows

	Year Ended December 31, 2017
	Parent			Subsidiary Issuer			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Intercompany Elimination			Consolidated
(in millions)
Net cash provided by (used in) operating activities	(30		)	(32		)	273			(33		)	(10		)	168
Cash flows from investing activities:
Capital expenditures	(4		)	—			(101		)	(15		)	—			(120		)
Investment in affiliates, net of return of investment	207			1,083			112			158			(1,636		)	(76		)
Net cash provided by (used in) investing activities	203			1,083			11			143			(1,636		)	(196		)
Cash flows from financing activities:
CVR Energy dividends	(174		)	—			—			—			—			(174		)
CVR Refining unitholder distributions	—			—			(47		)	—			—			(47		)
CVR Partners unitholder distributions	—			—			—			(2		)	—			(2		)
Distributions or intercompany advances to other CVR Energy subsidiaries	—			(1,190		)	(338		)	(118		)	1,646			—
Other financing activities	—			—			(2		)	(1		)	—			(3		)
Net cash provided by (used in) financing activities	(174		)	(1,190		)	(387		)	(121		)	1,646			(226		)
Net decrease in cash and cash equivalents	(1		)	(139		)	(103		)	(11		)	—			(254		)
Cash and cash equivalents, beginning of period	5			302			364			65			—			736
Cash and cash equivalents, end of period	$	4		$	163		$	261		$	54		$	—		$	482

Condensed Consolidating Statement of Cash Flows

	Year Ended December 31, 2016
	Parent			Subsidiary Issuer			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Intercompany Elimination			Consolidated
(in millions)
Net cash provided by (used in) operating activities	(29		)	(26		)	380			(45		)	(13		)	267
Cash flows from investing activities:
Capital expenditures	(10		)	—			(102		)	(21		)	—			(133		)
Acquisition of CVR Nitrogen, net of cash acquired	—			—			—			(64		)	—			(64		)
Investment in affiliates, net of return of investment	214			227			(157		)	281			(570		)	(5		)
Other investing activities	—			—			1			—			—			1
Net cash provided by (used in) investing activities	204			227			(258		)	196			(570		)	(201		)
Cash flows from financing activities:
Proceeds on issuance of 2023 Notes, net of original issue discount	—			—			—			629			—			629
Principal and premium payments on 2021 Notes	—			—			—			(322		)	—			(322		)
Payments of revolving debt	—			—			—			(49		)	—			(49		)
Principal payments on CRNF credit facility	—			—			—			(125		)	—			(125		)
CVR Energy shareholder dividends	(174		)	—			—			—			—			(174		)
CVR Partners unitholder distributions	—			—			—			(42		)	—			(42		)
Distributions or intercompany advances to other CVR Energy subsidiaries	—			(69		)	(280		)	(234		)	583			—
Other financing activities	(11		)	—			(1		)	—			—			(12		)
Net cash provided by (used in) financing activities	(185		)	(69		)	(281		)	(143		)	583			(95		)
Net increase (decrease) in cash and cash equivalents	(10		)	132			(159		)	8			—			(29		)
Cash and cash equivalents, beginning of period	15			170			523			57			—			765
Cash and cash equivalents, end of period	$	5		$	302		$	364		$	65		$	—		$	736