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Business Segments
 6 Months Ended
Jun. 30, 2022
Segment Reporting [Abstract]  
Business Segments
(13) Business Segments

CVR Energy’s revenues are primarily derived from two reportable segments: the Petroleum Segment and the Nitrogen Fertilizer Segment. The Company evaluates the performance of its segments based primarily on segment operating income (loss) and Earnings Before Interest, Taxes, Depreciation, and Amortization (“EBITDA”). For the purposes of the business segments disclosure, the Company presents operating income (loss) as it is the most comparable measure to the amounts presented on the condensed consolidated statements of operations. The other amounts reflect renewable fuels activities, intercompany eliminations, corporate cash and cash equivalents, income tax activities, and other corporate activities that are not allocated or aggregated to the reportable segments.
The following table summarizes certain operating results and capital expenditures information by segment:
Three Months Ended
June 30,		Six Months Ended
June 30,
(in millions)2022202120222021
Net sales:
Petroleum$2,868 $1,648 $5,022 $3,052 
Nitrogen Fertilizer244 138 467 199 
Other, including intersegment eliminations (1)
32 (3)28 (5)
Total net sales$3,144 $1,783 $5,517 $3,246 
Operating income (loss):
Petroleum$297 $(20)$427 $(136)
Nitrogen Fertilizer126 30 230 16 
Other, including intersegment eliminations (1)
(21)(4)(34)(9)
Total operating income (loss)
402 6 623 (129)
Interest expense, net(23)(38)(48)(69)
Investment income on marketable securities— 21 — 83 
Other (expense) income, net(74)3 (84)10 
Income (loss) before income tax expense$305 $(8)$491 $(105)
Depreciation and amortization:
Petroleum$46 $51 $93 $102 
Nitrogen Fertilizer21 21 42 35 
Other (1)
6 — 5 1 
Total depreciation and amortization$73 $72 $140 $138 
Capital expenditures: (2)
Petroleum$19 $9 $38 $19 
Nitrogen Fertilizer9 4 14 7 
Other (1)
13 70 39 125 
Total capital expenditures$41 $83 $91 $151 

The following table summarizes total assets by segment:
(in millions)June 30, 2022December 31, 2021
Petroleum$4,280 $3,368 
Nitrogen Fertilizer1,119 1,127 
Other, including intersegment eliminations (1)
(728)(589)
Total assets$4,671 $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.