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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Income Statement [Abstract]        
Net sales $ 1,005 $ 1,622 $ 2,811 $ 4,794
Operating costs and expenses:        
Cost of materials and other 846 1,221 2,348 3,589
Direct operating expenses (exclusive of depreciation and amortization) 116 139 353 397
Depreciation and amortization 67 69 200 210
Cost of sales 1,029 1,429 2,901 4,196
Selling, general and administrative expenses (exclusive of depreciation and amortization) 20 29 65 85
Depreciation and amortization 2 2 8 7
Loss (gain) on asset disposals 0 3 2 (5)
Goodwill impairment 0 0 41 0
Operating (loss) income (46) 159 (206) 511
Other (expense) income:        
Interest expense, net (31) (26) (98) (77)
Investment loss from marketable securities (65) 0 (13) 0
Other income, net 3 5 3 10
(Loss) income before income tax expense (139) 138 (314) 444
Income tax (benefit) expense (31) 34 (73) 110
Net (loss) income (108) 104 (241) 334
Less: Net loss attributable to noncontrolling interest (12) (15) (53) (2)
Net (loss) income attributable to CVR Energy stockholders $ (96) $ 119 $ (188) $ 336
Basic and diluted (loss) earnings per share (in dollars per share) $ (0.96) $ 1.18 $ (1.87) $ 3.34
Dividends declared per share (in dollars per share) $ 0 $ 0.75 $ 1.20 $ 2.25
Weighted-average common shares outstanding:        
Basic and diluted (in shares) 100.5 100.5 100.5 100.5