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Revenue (Tables) | 6 Months Ended
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Jun. 30, 2019
Revenue from Contract with Customer [Abstract] |
Revenue disaggregated by major product | The following tables present the Company’s revenue disaggregated by major product. The following tables include a reconciliation of the disaggregated revenue with the Company’s reportable segments.
| Three Months Ended June 30, 2019
(in millions) | Petroleum |  | Nitrogen Fertilizer |  | Other / Eliminations |  | Consolidated
Major Product |  |  |  |  |  |  |
Gasoline | $ | 816 |  |  | $ | — |  |  | $ | — |  |  | $ | 816 |
Distillates (1) | 689 |  |  | — |  |  | — |  |  | 689 |
Ammonia | — |  |  | 50 |  |  | — |  |  | 50 |
UAN | — |  |  | 74 |  |  | — |  |  | 74 |
Other urea products | — |  |  | 5 |  |  | — |  |  | 5 |
Freight revenue | 6 |  |  | 7 |  |  | — |  |  | 13 |
Other (2) | 34 |  |  | — |  |  | (3 | ) |  | 31 |
Revenue from product sales | 1,545 |  |  | 136 |  |  | (3 | ) |  | 1,678 |
Crude oil sales | 6 |  |  | — |  |  | — |  |  | 6 |
Other revenue (2) | 1 |  |  | 2 |  |  | — |  |  | 3 |
Total revenue | $ | 1,552 |  |  | $ | 138 |  |  | $ | (3 | ) |  | $ | 1,687 |
| Six Months Ended June 30, 2019
(in millions) | Petroleum |  | Nitrogen Fertilizer |  | Other / Eliminations |  | Consolidated
Major Product |  |  |  |  |  |  |
Gasoline | $ | 1,490 |  |  | $ | — |  |  | $ | — |  |  | $ | 1,490 |
Distillates (1) | 1,344 |  |  | — |  |  | — |  |  | 1,344 |
Ammonia | — |  |  | 63 |  |  | — |  |  | 63 |
UAN | — |  |  | 138 |  |  | — |  |  | 138 |
Other urea products | — |  |  | 10 |  |  | — |  |  | 10 |
Freight revenue | 11 |  |  | 15 |  |  | — |  |  | 26 |
Other (2) | 73 |  |  | — |  |  | (6 | ) |  | 67 |
Revenue from product sales | 2,918 |  |  | 226 |  |  | (6 | ) |  | 3,138 |
Crude oil sales | 29 |  |  | — |  |  | — |  |  | 29 |
Other revenue (2) | 2 |  |  | 4 |  |  | — |  |  | 6 |
Total revenue | $ | 2,949 |  |  | $ | 230 |  |  | $ | (6 | ) |  | $ | 3,173 |
| Three Months Ended June 30, 2018
(in millions) | Petroleum |  | Nitrogen Fertilizer |  | Other / Eliminations |  | Consolidated
Major Product |  |  |  |  |  |  |
Gasoline | $ | 896 |  |  | $ | — |  |  | $ | — |  |  | $ | 896 |
Distillates (1) | 832 |  |  | — |  |  | — |  |  | 832 |
Ammonia | — |  |  | 28 |  |  | — |  |  | 28 |
UAN | — |  |  | 51 |  |  | — |  |  | 51 |
Other urea products | — |  |  | 5 |  |  | — |  |  | 5 |
Freight revenue | 6 |  |  | 7 |  |  | — |  |  | 13 |
Other (2) | 58 |  |  | 2 |  |  | (3 | ) |  | 57 |
Revenue from product sales | 1,792 |  |  | 93 |  |  | (3 | ) |  | 1,882 |
Crude oil sales | 31 |  |  | — |  |  | — |  |  | 31 |
Other revenue (2) | 1 |  |  | — |  |  | — |  |  | 1 |
Total revenue | $ | 1,824 |  |  | $ | 93 |  |  | $ | (3 | ) |  | $ | 1,914 |
| Six Months Ended June 30, 2018
(in millions) | Petroleum |  | Nitrogen Fertilizer |  | Other / Eliminations |  | Consolidated
Major Product |  |  |  |  |  |  |
Gasoline | $ | 1,608 |  |  | $ | — |  |  | $ | — |  |  | $ | 1,608 |
Distillates (1) | 1,484 |  |  | — |  |  | — |  |  | 1,484 |
Ammonia | — |  |  | 40 |  |  | — |  |  | 40 |
UAN | — |  |  | 104 |  |  | — |  |  | 104 |
Other urea products | — |  |  | 10 |  |  | — |  |  | 10 |
Freight revenue | 11 |  |  | 15 |  |  | — |  |  | 26 |
Other (2) | 112 |  |  | 4 |  |  | (4 | ) |  | 112 |
Revenue from product sales | 3,215 |  |  | 173 |  |  | (4 | ) |  | 3,384 |
Crude oil sales | 64 |  |  | — |  |  | — |  |  | 64 |
Other revenue (2) | 3 |  |  | — |  |  | — |  |  | 3 |
Total revenue | $ | 3,282 |  |  | $ | 173 |  |  | $ | (4 | ) |  | $ | 3,451 |
(1) | Distillates consist primarily of diesel fuel, kerosene and jet fuel.
(2) | Other revenue consists primarily of feedstock and asphalt sales and Cushing, OK storage tank lease revenue. See Note 5 (“Property, Plant and Equipment”) for further discussion on the Cushing, OK storage tanks.
Summary of deferred revenue activity | A summary of CVR Partners’ deferred revenue activity during the six months ended June 30, 2019 is presented below:
(in millions) |
Balance at December 31, 2018 | $ | 69 |
Add: |
New prepay contracts entered into during the period | 16 |
Less: |
Revenue recognized that was included in the contract liability balance at the beginning of the period | 68 |
Revenue recognized related to contracts entered into during the period | 8 |
Balance at June 30, 2019 | $ | 9 |

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