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Revenue (Tables) | 3 Months Ended
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Mar. 31, 2020
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 March 31, 2020 |  |  |  |  |  |
(in millions) | Petroleum |  | Nitrogen Fertilizer |  | Other / Eliminations |  | Consolidated
Major Product |  |  |  |  |  |  |
Gasoline | $ | 516 |  |  | $ | — |  |  | $ | — |  |  | $ | 516 |
Distillates (1) | 476 |  |  | — |  |  | — |  |  | 476 |
Ammonia | — |  |  | 14 |  |  | — |  |  | 14 |
UAN | — |  |  | 47 |  |  | — |  |  | 47 |
Other urea products | — |  |  | 4 |  |  | — |  |  | 4 |
Freight revenue | 5 |  |  | 8 |  |  | — |  |  | 13 |
Other (2) | 23 |  |  | 2 |  |  | (2) |  |  | 23 |
Revenue from product sales | 1,020 |  |  | 75 |  |  | (2) |  |  | 1,093 |
Crude oil sales | 37 |  |  | — |  |  | — |  |  | 37 |
Net sales | $ | 1,057 |  |  | $ | 75 |  |  | $ | (2) |  |  | $ | 1,130 |
| Three Months Ended March 31, 2019 |  |  |  |  |  |
(in millions) | Petroleum |  | Nitrogen Fertilizer |  | Other / Eliminations |  | Consolidated
Major Product |  |  |  |  |  |  |
Gasoline | $ | 673 |  |  | $ | — |  |  | $ | — |  |  | $ | 673 |
Distillates (1) | 651 |  |  | — |  |  | — |  |  | 651 |
Ammonia | — |  |  | 13 |  |  | — |  |  | 13 |
UAN | — |  |  | 64 |  |  | — |  |  | 64 |
Other urea products | — |  |  | 5 |  |  | — |  |  | 5 |
Freight revenue | 6 |  |  | 8 |  |  | — |  |  | 14 |
Other (2) | 43 |  |  | 2 |  |  | (3) |  |  | 42 |
Revenue from product sales | 1,373 |  |  | 92 |  |  | (3) |  |  | 1,462 |
Crude oil sales | 23 |  |  | — |  |  | — |  |  | 23 |
Other revenue (2) | 1 |  |  | — |  |  | — |  |  | 1 |
Net sales | $ | 1,397 |  |  | $ | 92 |  |  | $ | (3) |  |  | $ | 1,486 |
(1)Distillates consist primarily of diesel fuel, kerosene, and jet fuel. (2)Other revenue consists primarily of feedstock and asphalt sales.
Summary of deferred revenue activity | A summary of the Nitrogen Fertilizer Segment’s deferred revenue activity during the three months ended March 31, 2020 is presented below:
(in millions) |
Balance at December 31, 2019 | $ | 28 |
Add: |
New prepay contracts entered into during the period (1) | 17 |
Less: |
Revenue recognized that was included in the contract liability balance at the beginning of the period | 6 |
Revenue recognized related to contracts entered into during the period | 1 |
Balance at March 31, 2020 | $ | 38 |
(1) Includes $16 million where payment associated with prepaid contracts was collected as of March 31, 2020.

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- Definition Tabular disclosure of contract balances and changes in contract balances. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=118956577&loc=SL49130551-203045 + Details
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- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=118956577&loc=SL49130545-203045 + Details
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