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CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Millions
Jun. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents (including $69 and $415, respectively, of consolidated variable interest entities (VIEs)) $ 540 $ 668
Accounts receivable (including $23 and $169, respectively, of VIEs) 168 169
Due from parent 0 4
Inventories (including $56 and $380, respectively, of VIEs) 390 380
Prepaid expenses and other current assets (including $6 and $56, respectively, of VIEs) 59 72
Total current assets 1,157 1,293
Property, plant and equipment, net of accumulated depreciation and amortization (including $979 and $2,414, respectively, of VIEs) 2,376 2,430
Other long-term assets (including $57 and $270, respectively, of VIEs) 297 277
Total assets 3,830 4,000
Current liabilities:    
Accounts payable (including $21 and $317, respectively, of VIEs) 323 320
Other current liabilities (including $32 and $154, respectively, of VIEs) 159 176
Total current liabilities 482 496
Long-term debt and finance lease obligations (including $631 and $1,167, respectively, of VIEs) 1,190 1,167
Deferred income taxes 401 380
Other long-term liabilities (including $12 and $7, respectively, of VIEs) 51 14
Total long-term liabilities 1,642 1,561
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 1 1
Additional paid-in-capital 1,506 1,474
Accumulated deficit (121) (187)
Treasury stock, 98,610 shares at cost (2) (2)
Total CVR stockholders’ equity 1,384 1,286
Noncontrolling interest 322 657
Total equity 1,706 1,943
Total liabilities and equity $ 3,830 $ 4,000