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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Cash flows from operating activities:    
Net (loss) income $ (241) $ 334
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Depreciation and amortization 208 217
Loss on lower of cost or net realizable value adjustment 59 0
Goodwill impairment 41 0
Unrealized loss on marketable securities 20 0
Change in deferred income tax expense (18) 26
Loss (gain) on disposition of assets 2 (5)
Share-based compensation 0 14
Other items 8 (7)
Changes in assets and liabilities:    
Current assets and liabilities (23) 69
Non-current assets and liabilities 6 5
Net cash provided by operating activities 62 653
Cash flows from investing activities:    
Capital expenditures (101) (85)
Turnaround expenditures (158) (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 (396) (73)
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 common units by CVR Partners (2) 0
Acquisition of CVR Refining common units 0 (301)
Dividends to CVR Energy’s stockholders (121) (225)
Distributions to CVR Refining or CVR Partners’ noncontrolling interest holders 0 (25)
Other financing activities (11) (5)
Net cash provided by (used in) financing activities 361 (556)
Net increase in cash, cash equivalents and restricted cash 27 24
Cash, cash equivalents and restricted cash, beginning of period 652 668
Cash, cash equivalents and restricted cash, end of period $ 679 $ 692