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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Income Statement [Abstract]        
Net sales $ 1,914 $ 1,434 $ 3,451 $ 2,942
Operating costs and expenses:        
Cost of materials and other 1,570 1,229 2,809 2,450
Direct operating expenses (exclusive of depreciation and amortization as reflected below) 141 124 273 262
Depreciation and amortization 52 52 102 100
Cost of sales 1,763 1,405 3,184 2,812
Selling, general and administrative expenses (exclusive of depreciation and amortization as reflected below) 32 25 55 55
Depreciation and amortization 3 2 6 5
Loss on asset disposals 5 1 5 1
Operating income 111 1 201 69
Interest expense, net (27) (27) (53) (54)
Gain on derivatives, net 10 0 70 12
Other income, net 2 0 3 0
Income (loss) before income tax expense 96 (26) 221 27
Income tax expense (benefit) 17 (7) 38 8
Net income (loss) 79 (19) 183 19
Less: Net income (loss) attributable to noncontrolling interest 28 (8) 66 7
Net income (loss) attributable to CVR Energy stockholders $ 51 $ (11) $ 117 $ 12
Earnings per share:        
Basic and diluted earnings per share (in dollars per share) $ 0.59 $ (0.12) $ 1.35 $ 0.13
Dividends declared per share (in dollars per share) $ 0.75 $ 0.50 $ 1.25 $ 1.00
Weighted-average common shares outstanding:        
Basic and diluted (in shares) 86.8 86.8 86.8 86.8