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Business Segments | 9 Months Ended
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Sep. 30, 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 September 30, |  | Nine Months Ended September 30,
(in millions) | 2021 |  | 2020 |  | 2021 |  | 2020
Net sales |  |  |  |  |  |  |
Petroleum | $ | 1,742 |  |  | $ | 927 |  |  | $ | 4,793 |  |  | $ | 2,556 |
Nitrogen Fertilizer | 145 |  |  | 79 |  |  | 344 |  |  | 260 |
Other, including intersegment eliminations | (4) |  |  | (1) |  |  | (8) |  |  | (5) |
Total | $ | 1,883 |  |  | $ | 1,005 |  |  | $ | 5,129 |  |  | $ | 2,811 |
Operating income (loss) |  |  |  |  |  |  |
Petroleum | $ | 135 |  |  | $ | (39) |  |  | $ | (1) |  |  | $ | (161) |
Nitrogen Fertilizer | 46 |  |  | (3) |  |  | 63 |  |  | (34) |
Other, including intersegment eliminations | (6) |  |  | (4) |  |  | (16) |  |  | (11) |
Total | 175 |  |  | (46) |  |  | 46 |  |  | (206) |
Interest expense, net | (23) |  |  | (31) |  |  | (92) |  |  | (98) |
Investment (loss) income on marketable securities | (1) |  |  | (65) |  |  | 82 |  |  | (13) |
Other income, net | 2 |  |  | 3 |  |  | 12 |  |  | 3 |
Income (loss) before income tax expense | $ | 153 |  |  | $ | (139) |  |  | $ | 48 |  |  | $ | (314) |
Depreciation and amortization |  |  |  |  |  |  |
Petroleum | $ | 50 |  |  | $ | 51 |  |  | $ | 152 |  |  | $ | 150 |
Nitrogen Fertilizer | 18 |  |  | 18 |  |  | 53 |  |  | 57 |
Other | (1) |  |  | — |  |  | — |  |  | 1 |
Total | $ | 67 |  |  | $ | 69 |  |  | $ | 205 |  |  | $ | 208 |
Capital expenditures (1) |  |  |  |  |  |  |
Petroleum | $ | 12 |  |  | $ | 17 |  |  | $ | 31 |  |  | $ | 80 |
Nitrogen Fertilizer | 7 |  |  | 5 |  |  | 14 |  |  | 13 |
Other (2) | 19 |  |  | 1 |  |  | 144 |  |  | 3 |
Total | $ | 38 |  |  | $ | 23 |  |  | $ | 189 |  |  | $ | 96 |
The following table summarizes total assets by segment:
(in millions) | September 30, 2021 |  | December 31, 2020
Petroleum | $ | 3,365 |  |  | $ | 2,991 |
Nitrogen Fertilizer | 1,068 |  |  | 1,033 |
Other, including intersegment eliminations | (561) |  |  | (46) |
Total Assets | $ | 3,872 |  |  | $ | 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.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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