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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Income Statement [Abstract]        
Net sales $ 3,144 $ 1,783 $ 5,517 $ 3,246
Operating costs and expenses:        
Cost of materials and other 2,465 1,539 4,352 2,908
Direct operating expenses (exclusive of depreciation and amortization) 167 136 327 272
Depreciation and amortization 71 70 136 134
Cost of sales 2,703 1,745 4,815 3,314
Selling, general and administrative expenses (exclusive of depreciation and amortization) 37 28 75 55
Depreciation and amortization 2 2 4 4
Loss on asset disposal 0 2 0 2
Operating income (loss) 402 6 623 (129)
Other (expense) income:        
Interest expense, net (23) (38) (48) (69)
Investment income on marketable securities 0 21 0 83
Other (expense) income, net (74) 3 (84) 10
Income (loss) before income tax expense 305 (8) 491 (105)
Income tax expense (benefit) 66 (6) 99 (48)
Net income (loss) 239 (2) 392 (57)
Less: Net income (loss) attributable to noncontrolling interest 74 4 134 (12)
Net income (loss) attributable to CVR Energy stockholders $ 165 $ (6) $ 258 $ (45)
Basic earnings (loss) per share (in dollars per share) $ 1.64 $ (0.06) $ 2.57 $ (0.45)
Diluted earnings (loss) per share (in dollars per share) 1.64 (0.06) 2.57 (0.45)
Dividends declared per share (in dollars per share) $ 0.40 $ 4.89 $ 0.40 $ 4.89
Weighted-average common shares outstanding:        
Basic (in shares) 100.5 100.5 100.5 100.5
Diluted (in shares) 100.5 100.5 100.5 100.5