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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Millions, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Cash flows from operating activities:    
Net income $ 213.7 $ 212.7
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 37.3 34.2
Allowance for doubtful accounts (0.2) 0.3
Amortization of deferred financing costs 0.7 0.8
Deferred income taxes (22.2) 21.4
Loss on disposition of assets 0.1 0.1
Loss on extinguishment of debt 0 26.1
Share-based compensation 4.1 6.0
(Gain) loss on derivatives, net (109.4) 20.0
Current period settlements on derivative contracts 21.1 (52.5)
Changes in assets and liabilities:    
Accounts receivable (16.5) (72.9)
Inventories (16.6) 3.0
Prepaid expenses and other current assets 21.6 (3.2)
Insurance receivable 0 1.3
Other long-term assets (0.4) (0.1)
Accounts payable 26.2 (32.1)
Due to parent 82.6 66.4
Accrued income tax 8.0 (0.2)
Deferred revenue 9.3 27.6
Other current liabilities 22.1 19.5
Accrued environmental liabilities (0.1) (0.1)
Other long-term liabilities (0.1) 0
Net cash provided by operating activities 281.3 278.3
Cash flows from investing activities:    
Capital expenditures (61.9) (63.7)
Net cash used in investing activities (61.9) (63.7)
Cash flows from financing activities:    
Payment of capital lease obligations (0.3) (0.3)
Payments on senior secured notes 0 (243.4)
Dividends to CVR Energy’s stockholders (65.1) (477.6)
Net cash used in financing activities (99.4) (69.8)
Net increase in cash and cash equivalents 120.0 144.8
Cash and cash equivalents, beginning of period 842.1 896.0
Cash and cash equivalents, end of period 962.1 1,040.8
Supplemental disclosures:    
Cash paid for income taxes, net of refunds 0.9 6.2
Cash paid for interest net of capitalized interest of $2.3 and $0.8 in 2014 and 2013, respectively 1.2 12.8
Non-cash investing and financing activities:    
Construction in process additions included in accounts payable 27.2 26.8
Change in accounts payable related to construction in process additions (5.6) (29.4)
Investment in available-for-sale securities included in accounts payable 4.3 0
CVR Refining, LP
   
Cash flows from financing activities:    
Distributions to noncontrolling interest holders (19.3) 0
CVR Partners
   
Cash flows from financing activities:    
Distributions to noncontrolling interest holders (14.7) (4.2)
Initial Public Offering
   
Cash flows from financing activities:    
Proceeds from CVR Refining’s initial public offering, net of offering costs $ 0 $ 655.7