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Business Segments (Tables) | 3 Months Ended
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Mar. 31, 2022
Segment Reporting [Abstract] |
Operating results and capital expenditures information by segment | The following table summarizes certain operating results and capital expenditures information by segment:
|  |  | Three Months Ended March 31,
(in millions) |  |  |  |  | 2022 |  | 2021
Net sales: |  |  |  |  |  |  |
Petroleum |  |  |  |  | $ | 2,154 |  |  | $ | 1,404 |
Nitrogen Fertilizer |  |  |  |  | 223 |  |  | 61 |
Other, including intersegment eliminations |  |  |  |  | (4) |  |  | (2) |
Total net sales |  |  |  |  | $ | 2,373 |  |  | $ | 1,463 |
Operating income (loss): |  |  |  |  |  |  |
Petroleum |  |  |  |  | $ | 130 |  |  | $ | (115) |
Nitrogen Fertilizer |  |  |  |  | 104 |  |  | (14) |
Other, including intersegment eliminations (1) |  |  |  |  | (14) |  |  | (6) |
Total operating income (loss) |  |  |  |  | 220 |  |  | (135) |
Interest expense, net |  |  |  |  | (24) |  |  | (31) |
Investment income on marketable securities |  |  |  |  | — |  |  | 62 |
Other (expense) income, net |  |  |  |  | (9) |  |  | 7 |
Income (loss) before income tax expense |  |  |  |  | $ | 187 |  |  | $ | (97) |
Depreciation and amortization: |  |  |  |  |  |  |
Petroleum |  |  |  |  | $ | 46 |  |  | $ | 51 |
Nitrogen Fertilizer |  |  |  |  | 19 |  |  | 14 |
Other (1) |  |  |  |  | 2 |  |  | 1 |
Total depreciation and amortization |  |  |  |  | $ | 67 |  |  | $ | 66 |
Capital expenditures: (2) |  |  |  |  |  |  |
Petroleum |  |  |  |  | $ | 19 |  |  | $ | 10 |
Nitrogen Fertilizer |  |  |  |  | 5 |  |  | 3 |
Other (1) |  |  |  |  | 26 |  |  | 55 |
Total capital expenditures |  |  |  |  | $ | 50 |  |  | $ | 68 |
The following table summarizes total assets by segment:
(in millions) | March 31, 2022 |  | December 31, 2021
Petroleum | $ | 3,874 |  |  | $ | 3,368 |
Nitrogen Fertilizer | 1,103 |  |  | 1,127 |
Other, including intersegment eliminations (1) | (632) |  |  | (589) |
Total assets | $ | 4,345 |  |  | $ | 3,906 |
(1)Other includes amounts for the Wynnewood renewable diesel unit project. (2)Capital expenditures are shown exclusive of capitalized turnaround expenditures and business combinations.

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -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 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8906-108599 + Details
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