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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Cash flows from operating activities:    
Net income $ 334 $ 271
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 217 204
Deferred income tax expense 26 39
(Gain) loss on disposition of assets (5) 5
Share-based compensation 14 17
Other non-cash items (7) 2
Changes in assets and liabilities:    
Current assets and liabilities 69 (27)
Non-current assets and liabilities 5 15
Net cash provided by operating activities 653 526
Cash flows from investing activities:    
Capital expenditures (85) (68)
Capitalized turnaround expenditures (24) (7)
Proceeds from sale of assets 36 0
Other investing activities 0 1
Net cash provided by (used in) investing activities (73) (74)
Cash flows from financing activities:    
Acquisition of CVR Refining common units (301) 0
Dividends to CVR Energy’s stockholders (225) (162)
Distributions to CVR Refining or CVR Partners’ noncontrolling interest holders (25) (67)
Other financing activities (5) (3)
Net cash provided by (used in) financing activities (556) (232)
Net increase (decrease) in cash and cash equivalents 24 220
Cash and cash equivalents, beginning of period 668 482
Cash and cash equivalents, end of period $ 692 $ 702