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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
$ in Millions
 3 Months Ended 12 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Dec. 31, 2019
Cash flows from operating activities:      
Net (loss) income $ (101) $ 102  
Adjustments to reconcile net (loss) income to net cash (used in) provided by operating activities:      
Depreciation and amortization 64 67  
Loss on lower of cost or net realizable value adjustment 58 0  
Deferred income tax expense (2) 15  
Unrealized gain on marketable securities (30) 0  
Other items 4 8  
Changes in assets and liabilities:      
Current assets and liabilities (54) 33  
Non-current assets and liabilities 3 3  
Net cash (used in) provided by operating activities (58) 228  
Cash flows from investing activities:      
Capital expenditures (35) (29)  
Capitalized turnaround expenditures (22) (13)  
Investment in marketable securities (140) 0  
Other investing activities 1 0  
Net cash used in investing activities (196) (42)  
Cash flows from financing activities:      
Proceeds from issuance of senior secured notes 1,000 0  
Principal payments on senior secured notes (500) 0  
Call premium on extinguishment of debt (5) 0  
Acquisition of CVR Refining common units 0 (301)  
Dividends to CVR Energy’s stockholders (80) (75) $ (307)
Distributions to CVR Refining or CVR Partners’ noncontrolling interest holders 0 (9)  
Other financing activities (8) (2)  
Net cash provided by (used in) financing activities 407 (387)  
Net increase (decrease) in cash and cash equivalents 153 (201)  
Cash and cash equivalents, beginning of period 652 668 668
Cash and cash equivalents, end of period $ 805 $ 467 $ 652