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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash flows from operating activities:    
Net income $ 102 $ 93
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 67 67
Deferred income tax expense (benefit) 15 (2)
Other non-cash items 8 2
Changes in assets and liabilities:    
Current assets and liabilities 34 (133)
Non-current assets and liabilities 2 (1)
Net cash provided by operating activities 228 26
Cash flows from investing activities:    
Capital expenditures (29) (20)
Turnaround expenditures (13) (1)
Net cash provided by (used in) investing activities (42) (21)
Cash flows from financing activities:    
Acquisition of CVR Refining common units (301) 0
Dividends to CVR Energy’s stockholders (75) (43)
Distributions to CVR Refining or CVR Partners’ noncontrolling interest holders (9) (23)
Other financing activities (2) (1)
Net cash provided by (used in) financing activities (387) (67)
Net increase (decrease) in cash and cash equivalents (201) (62)
Cash and cash equivalents, beginning of period 668 482
Cash and cash equivalents, end of period $ 467 $ 420