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CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($)
$ in Millions
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 893 $ 510
Accounts receivable 418 299
Inventories 722 484
Prepaid expenses and other current assets 86 76
Property, plant and equipment, net 2,252 2,273
Other long-term assets 300 264
Current liabilities:    
Accounts payable 666 409
Other current liabilities 1,029 747
Long-term liabilities:    
Long-term debt and finance lease obligations 1,588 1,654
Other long-term liabilities $ 71 $ 58
CVR stockholders’ equity    
Common stock, par value (in dollars per share) $ 0.01 $ 0.01
Common stock, authorized (in shares) 350,000,000 350,000,000
Common stock, issued (in shares) 100,629,209 100,629,209
Treasury stock (in shares) 98,610 98,610
Variable Interest Entities    
Current assets:    
Cash and cash equivalents $ 156 $ 113
Accounts receivable 36 88
Inventories 85 52
Prepaid expenses and other current assets 6 9
Property, plant and equipment, net 821 850
Other long-term assets 14 14
Current liabilities:    
Accounts payable 62 50
Other current liabilities 34 111
Long-term liabilities:    
Long-term debt and finance lease obligations 547 611
Other long-term liabilities $ 15 $ 12