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CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Millions
Sep. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents (including $460 and $223, respectively, of consolidated variable interest entities (“VIEs”)) $ 702 $ 482
Accounts receivable of VIEs 214 179
Due from parent 0 5
Inventories of VIEs 427 385
Prepaid expenses and other current assets (including $35 and $30, respectively, of VIEs) 47 43
Total current assets 1,390 1,094
Property, plant and equipment, net of accumulated depreciation (including $2,425 and $2,548, respectively, of VIEs) 2,441 2,572
Other long-term assets (including $162 and $137, respectively, of VIEs) 171 141
Total assets 4,002 3,807
Current liabilities:    
Note payable and capital lease obligations of VIEs 2 2
Accounts payable (including $407 and $329, respectively, of VIEs) 409 334
Other current liabilities (including $164 and $181, respectively, of VIEs) 193 208
Total current liabilities 604 544
Long-term liabilities:    
Long-term debt and capital lease obligations of VIEs, net of current portion 1,166 1,164
Deferred income taxes 347 386
Other long-term liabilities (including $10 and $4, respectively, of VIEs) 22 9
Total long-term liabilities 1,535 1,559
Commitments and contingencies (See Note 9)
CVR stockholders’ equity:    
Common stock $0.01 par value per share, 350,000,000 shares authorized, 100,629,209 shares issued (86,929,660 shares issued as of December 31, 2017) 1 1
Additional paid-in-capital 1,473 1,197
Retained deficit (233) (277)
Treasury stock, 98,610 shares at cost (2) (2)
Total CVR stockholders’ equity 1,239 919
Noncontrolling interest 624 785
Total equity 1,863 1,704
Total liabilities and equity $ 4,002 $ 3,807