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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Income Statement [Abstract]    
Net sales $ 2,373 $ 1,463
Operating costs and expenses:    
Cost of materials and other 1,887 1,369
Direct operating expenses (exclusive of depreciation and amortization) 160 136
Depreciation and amortization 65 63
Cost of sales 2,112 1,568
Selling, general and administrative expenses (exclusive of depreciation and amortization) 39 27
Depreciation and amortization 2 3
Operating income (loss) 220 (135)
Other (expense) income:    
Interest expense, net (24) (31)
Investment income on marketable securities 0 62
Other (expense) income, net (9) 7
Income (loss) before income tax expense 187 (97)
Income tax expense (benefit) 34 (42)
Net income (loss) 153 (55)
Less: Net income (loss) attributable to noncontrolling interest 59 (16)
Net income (loss) attributable to CVR Energy stockholders $ 94 $ (39)
Basic earnings (loss) per share (in dollars per share) $ 0.93 $ (0.39)
Diluted earnings (loss) per share (in dollars per share) $ 0.93 $ (0.39)
Weighted-average common shares outstanding:    
Basic (in shares) 100.5 100.5
Diluted (in shares) 100.5 100.5