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CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Millions | Mar. 31, 2022 | Dec. 31, 2021
--- | --- | ---
Current assets: |  |
Cash and cash equivalents | $ 676 | $ 510
Accounts receivable | 353 | 299
Inventories | 683 | 484
Prepaid expenses and other current assets | 54 | 76
Property, plant and equipment, net | 2,269 | 2,273
Other long-term assets | 310 | 264
Current liabilities: |  |
Accounts payable | 709 | 409
Other current liabilities | 843 | 747
Long-term liabilities: |  |
Long-term debt and finance lease obligations | 1,589 | 1,654
Other long-term liabilities | $ 65 | $ 58
CVR stockholders’ equity |  |
Common stock, par value (in dollars per share) | $ 0.01 | $ 0.01
Common stock, authorized (in shares) | 350,000,000 | 350,000,000
Common stock, issued (in shares) | 100,629,209 | 100,629,209
Treasury stock (in shares) | 98,610 | 98,610
Variable Interest Entities |  |
Current assets: |  |
Cash and cash equivalents | $ 137 | $ 113
Accounts receivable | 44 | 88
Inventories | 65 | 52
Prepaid expenses and other current assets | 8 | 9
Property, plant and equipment, net | 836 | 850
Other long-term assets | 13 | 14
Current liabilities: |  |
Accounts payable | 55 | 50
Other current liabilities | 118 | 111
Long-term liabilities: |  |
Long-term debt and finance lease obligations | 546 | 611
Other long-term liabilities | $ 16 | $ 12

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