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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents (including $415 and $223, respectively, of consolidated variable interest entities (VIEs)) $ 668 $ 482
Accounts receivable of VIEs 169 179
Inventories of VIEs 380 369
Prepaid expenses and other current assets (including $56 and $30, respectively, of VIEs) 76 48
Total current assets 1,293 1,078
Property, plant and equipment, net of accumulated depreciation (including $2,429 and $2,543, respectively, of VIEs) 2,445 2,588
Other long-term assets (including $162 and $137, respectively, of VIEs) 169 141
Total assets 3,907 3,807
Current liabilities:    
Note payable and capital lease obligations of VIEs 3 2
Accounts payable (including $317 and $329, respectively, of VIEs) 320 334
Other current liabilities (including $154 and $181, respectively, of VIEs) 173 208
Total current liabilities 496 544
Long-term liabilities:    
Long-term debt and capital lease obligations of VIEs, net of current portion 1,167 1,164
Deferred income taxes 362 386
Other long-term liabilities (including $7 and $4, respectively, of VIEs) 14 9
Total long-term liabilities 1,543 1,559
Commitments and contingencies (See Note 11)
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 (226) (277)
Treasury stock, 98,610 shares at cost (2) (2)
Total CVR stockholders’ equity 1,246 919
Noncontrolling interest 622 785
Total equity 1,868 1,704
Total liabilities and equity $ 3,907 $ 3,807