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CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Millions
Sep. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents (including $101 and $31, respectively, of consolidated variable interest entities (“VIEs”)) $ 566 $ 667
Accounts receivable (including $33 and $37, respectively, of VIEs) 240 178
Inventories (including $59 and $42, respectively, of VIEs) 422 298
Prepaid expenses and other current assets (including $3 and $8, respectively, of VIEs) 76 259
Total current assets 1,304 1,402
Property, plant and equipment, net (including $857 and $898, respectively, of VIEs) 2,291 2,240
Other long-term assets (including $16 and $17, respectively, of VIEs) 277 336
Total assets 3,872 3,978
Current liabilities:    
Accounts payable (including $45 and $25, respectively, of VIEs) 409 282
Other current liabilities (including $70 and $51, respectively, of VIEs) 626 377
Total current liabilities 1,035 659
Long-term debt and finance lease obligations, net of current portion (including $625 and $634, respectively, of VIEs) 1,670 1,683
Deferred income taxes 333 368
Other long-term liabilities (including $16 and $8, respectively, of VIEs) 69 49
Total long-term liabilities 2,072 2,100
Commitments and contingencies (See Note 12)
CVR Energy stockholders’ equity:    
Common stock, $0.01 par value per share; 350,000,000 shares authorized; 100,629,209 and 100,629,209 shares issued as of September 30, 2021 and December 31, 2020, respectively 1 1
Additional paid-in-capital 1,510 1,510
Accumulated deficit (942) (490)
Treasury stock, 98,610 shares at cost (2) (2)
Total CVR stockholders’ equity 567 1,019
Noncontrolling interest 198 200
Total equity 765 1,219
Total liabilities and equity $ 3,872 $ 3,978