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Revenue (Tables) | 12 Months Ended
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Dec. 31, 2021
Revenue from Contract with Customer [Abstract] |
Revenue disaggregated by major product | The following tables present the Company’s revenue disaggregated by major product, which include a reconciliation of the disaggregated revenue by product and other revenue components for the Company’s reportable segments.
| Year Ended December 31, 2021
(in millions) | Petroleum |  | Nitrogen Fertilizer |  | Other / Eliminations |  | Consolidated
Gasoline | $ | 3,679 |  |  | $ | — |  |  | $ | — |  |  | $ | 3,679 |
Distillates (1) | 2,809 |  |  | — |  |  | — |  |  | 2,809 |
Ammonia | — |  |  | 146 |  |  | — |  |  | 146 |
UAN | — |  |  | 316 |  |  | — |  |  | 316 |
Other urea products | — |  |  | 29 |  |  | — |  |  | 29 |
Freight revenue | 21 |  |  | 31 |  |  | — |  |  | 52 |
Other (2) | 163 |  |  | 11 |  |  | (12) |  |  | 162 |
Revenue from product sales | 6,672 |  |  | 533 |  |  | (12) |  |  | 7,193 |
Crude oil sales | 47 |  |  | — |  |  | — |  |  | 47 |
Other revenue (2) | 2 |  |  | — |  |  | — |  |  | 2 |
Total revenue | $ | 6,721 |  |  | $ | 533 |  |  | $ | (12) |  |  | $ | 7,242 |
| Year Ended December 31, 2020
(in millions) | Petroleum |  | Nitrogen Fertilizer |  | Other / Eliminations |  | Consolidated
Gasoline | $ | 1,882 |  |  | $ | — |  |  | $ | — |  |  | $ | 1,882 |
Distillates (1) | 1,543 |  |  | — |  |  | — |  |  | 1,543 |
Ammonia | — |  |  | 94 |  |  | — |  |  | 94 |
UAN | — |  |  | 198 |  |  | — |  |  | 198 |
Other urea products | — |  |  | 15 |  |  | — |  |  | 15 |
Freight revenue | 18 |  |  | 33 |  |  | — |  |  | 51 |
Other (2) | 79 |  |  | 10 |  |  | (6) |  |  | 83 |
Revenue from product sales | 3,522 |  |  | 350 |  |  | (6) |  |  | 3,866 |
Crude oil sales | 63 |  |  | — |  |  | — |  |  | 63 |
Other revenue (2) | 1 |  |  | — |  |  | — |  |  | 1 |
Total revenue | $ | 3,586 |  |  | $ | 350 |  |  | $ | (6) |  |  | $ | 3,930 |
| Year Ended December 31, 2019
(in millions) | Petroleum |  | Nitrogen Fertilizer |  | Other / Eliminations |  | Consolidated
Gasoline | $ | 3,050 |  |  | $ | — |  |  | $ | — |  |  | $ | 3,050 |
Distillates (1) | 2,705 |  |  | — |  |  | — |  |  | 2,705 |
Ammonia | — |  |  | 94 |  |  | — |  |  | 94 |
UAN | — |  |  | 251 |  |  | — |  |  | 251 |
Other urea products | — |  |  | 18 |  |  | — |  |  | 18 |
Freight revenue | 23 |  |  | 33 |  |  | — |  |  | 56 |
Other (2) | 129 |  |  | 8 |  |  | (8) |  |  | 129 |
Revenue from product sales | 5,907 |  |  | 404 |  |  | (8) |  |  | 6,303 |
Crude oil sales | 58 |  |  | — |  |  | — |  |  | 58 |
Other revenue (2) | 3 |  |  | — |  |  | — |  |  | 3 |
Total revenue | $ | 5,968 |  |  | $ | 404 |  |  | $ | (8) |  |  | $ | 6,364 |
(1)Distillates consist primarily of diesel fuel, kerosene, and jet fuel. (2)Other revenue consists primarily of feedstock and asphalt sales and Cushing, OK storage tank lease revenue. See Note 2 (“Summary of Significant Accounting Policies”) for further discussion on the Cushing, OK storage tanks.
Summary of deferred revenue activity | A summary of the Nitrogen Fertilizer Segment’s deferred revenue activity during the year ended December 31, 2021 is presented below:
(in millions) |
Balance at December 31, 2020 | $ | 31 |
Add: |
New prepay contracts entered into during the period (1) | 147 |
Less: |
Revenue recognized that was included in the contract liability balance at the beginning of the period | (30) |
Revenue recognized related to contracts entered into during the period | (60) |
Other changes | (1) |
Balance at December 31, 2021 | $ | 87 |
(1)Includes $94 million where the payment associated with prepaid contracts was collected.

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- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130551-203045 + Details
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