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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2020
Mar. 31, 2020
Jun. 30, 2019
Mar. 31, 2019
Jun. 30, 2020
Jun. 30, 2019
Dec. 31, 2019
Cash flows from operating activities:              
Net (loss) income $ (32) $ (101) $ 128 $ 102 $ (133) $ 230  
Adjustments to reconcile net (loss) income to net cash (used in) provided by operating activities:              
Depreciation and amortization 74   78   138 145  
Loss on lower of cost or net realizable value adjustment         58 0  
Goodwill impairment 41   0   41 0  
Unrealized gain on marketable securities (18)   0   (48) 0  
Deferred income tax expense         11 21  
Loss (gain) on disposition of assets         2 (7)  
Share-based compensation         1 11  
Other items         8 4  
Changes in assets and liabilities:              
Current assets and liabilities         (130) (22)  
Non-current assets and liabilities         3 2  
Net cash (used in) provided by operating activities         (49) 384  
Cash flows from investing activities:              
Capital expenditures         (77) (55)  
Turnaround expenditures         (147) (24)  
Proceeds from sale of assets         1 36  
Investment in marketable securities         (140) 0  
Other investing activities         2 0  
Net cash used in investing activities         (361) (43)  
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  
Repurchase of CVR Partners common units         (1) 0  
Acquisition of CVR Refining common units         0 (301)  
Dividends to CVR Energy’s stockholders         (121) (150) $ (307)
Distributions to CVR Refining or CVR Partners’ noncontrolling interest holders         0 (14)  
Other financing activities         (9) (4)  
Net cash provided by (used in) financing activities         364 (469)  
Net decrease in cash and cash equivalents         (46) (128)  
Cash and cash equivalents, beginning of period   $ 652   $ 668 652 668 668
Cash and cash equivalents, end of period $ 606   $ 540   $ 606 $ 540 $ 652