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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Income Statement [Abstract]        
Net sales $ 1,935 $ 1,454 $ 5,386 $ 4,395
Operating costs and expenses:        
Cost of materials and other 1,561 1,133 4,370 3,582
Direct operating expenses (exclusive of depreciation and amortization as reflected below) 121 160 394 422
Depreciation and amortization 49 51 151 152
Cost of sales 1,731 1,344 4,915 4,156
Selling, general and administrative expenses (exclusive of depreciation and amortization as reflected below) 28 27 83 82
Depreciation and amortization 2 3 8 7
Loss on asset disposals 0 1 5 2
Operating income 174 79 375 148
Interest expense, net (26) (28) (79) (81)
Gain (loss) on derivatives, net 5 (17) 75 (5)
Other income, net 3 0 6 0
Income before income tax expense 156 34 377 62
Income tax expense 35 9 73 18
Net income 121 25 304 44
Less: Net income attributable to noncontrolling interest 31 3 97 10
Net income attributable to CVR Energy stockholders $ 90 $ 22 $ 207 $ 34
Basic and diluted earnings per share (in dollars per share) $ 0.94 $ 0.26 $ 2.31 $ 0.39
Dividends declared per share (in dollars per share) $ 0.75 $ 0.50 $ 2.00 $ 1.50
Weighted-average common shares outstanding:        
Basic and diluted (in shares) 95.8 86.8 89.8 86.8