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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Income Statement [Abstract]      
Net sales $ 3,930,000,000 $ 6,364,000,000 $ 7,124,000,000
Operating costs and expenses:      
Cost of materials and other 3,373,000,000 4,851,000,000 5,683,000,000
Direct operating expenses (exclusive of depreciation and amortization) 478,000,000 533,000,000 517,000,000
Depreciation and amortization 268,000,000 278,000,000 263,000,000
Cost of sales 4,119,000,000 5,662,000,000 6,463,000,000
Selling, general and administrative expenses (exclusive of depreciation and amortization) 86,000,000 117,000,000 112,000,000
Depreciation and amortization 10,000,000 9,000,000 11,000,000
Loss (gain) on asset disposals 7,000,000 (4,000,000) 6,000,000
Goodwill impairment 41,000,000 0 0
Operating (loss) income (333,000,000) 580,000,000 532,000,000
Other (expense) income:      
Interest expense, net (130,000,000) (102,000,000) (102,000,000)
Investment income from marketable securities 41,000,000 0 0
Other income, net 7,000,000 13,000,000 15,000,000
(Loss) income before income taxes (415,000,000) 491,000,000 445,000,000
Income tax (benefit) expense (95,000,000) 129,000,000 79,000,000
Net (loss) income (320,000,000) 362,000,000 366,000,000
Less: Net (loss) income attributable to non-controlling interest (64,000,000) (18,000,000) 107,000,000
Net (loss) income attributable to CVR Energy stockholders $ (256,000,000) $ 380,000,000 $ 259,000,000
Basic and diluted (loss) earnings per share (in dollars per share) $ (2.54) $ 3.78 $ 2.80
Dividends declared per share (in dollars per share) $ 1.20 $ 3.05 $ 2.50
Weighted-average common shares outstanding:      
Basic and Diluted (in shares) 100.5 100.5 92.5