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Business Segments
 3 Months Ended
Mar. 31, 2021
Segment Reporting [Abstract]  
Business Segments
(13) Business Segments

CVR Energy’s revenues are derived from two operating segments: the Petroleum Segment and the Nitrogen Fertilizer Segment. The Company evaluates the performance of its segments based primarily on segment operating income (loss) and Earnings Before Interest, Taxes, Depreciation, and Amortization (“EBITDA”). For the purposes of the operating segment
disclosure, the Company presents operating income (loss) as it is the most comparable measure to the amounts presented on the condensed consolidated statements of operations. The other amounts reflect intercompany eliminations, corporate cash and cash equivalents, income tax activities, and other corporate activities that are not allocated to the operating segments.

The following table summarizes certain operating results and capital expenditures information by segment:
Three Months Ended
March 31,
(in millions)20212020
Net sales
Petroleum$1,404 $1,057 
Nitrogen Fertilizer61 75 
Other, including intersegment eliminations(2)(2)
Total$1,463 $1,130 
Operating loss
Petroleum$(115)$(127)
Nitrogen Fertilizer(14)(5)
Other, including intersegment eliminations(6)(3)
Total(135)(135)
Interest expense, net(31)(35)
Investment income on marketable securities62 31 
Other income, net7 2 
Loss before income tax benefit$(97)$(137)
Depreciation and amortization
Petroleum$51 $48 
Nitrogen Fertilizer14 16 
Other1 — 
Total$66 $64 
Capital expenditures (1)
Petroleum$10 $40 
Nitrogen Fertilizer3 6 
Other (2)55 2 
Total$68 $48 

The following table summarizes total assets by segment:
(in millions)March 31, 2021December 31, 2020
Petroleum$3,207 $2,991 
Nitrogen Fertilizer1,032 1,033 
Other, including intersegment eliminations(51)(46)
Total Assets$4,188 $3,978 

(1)Capital expenditures are shown exclusive of capitalized turnaround expenditures and business combinations.
(2)Other includes amounts incurred for the Wynnewood renewable diesel unit project.