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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents (including $119 and $113, respectively, of consolidated variable interest entity (“VIE”)) $ 618 $ 510
Accounts receivable (including $54 and $88, respectively, of VIE) 320 299
Inventories (including $65 and $52, respectively, of VIE) 632 484
Prepaid expenses and other current assets (including $3 and $9, respectively, of VIE) 88 76
Total current assets 1,658 1,369
Property, plant and equipment, net (including $826 and $850, respectively, of VIE) 2,267 2,273
Other long-term assets (including $15 and $14, respectively, of VIE) 281 264
Total assets 4,206 3,906
Current liabilities:    
Accounts payable (including $79 and $50, respectively, of VIE) 557 409
Other current liabilities (including $105 and $111, respectively, of VIE) 974 747
Total current liabilities 1,531 1,156
Long-term liabilities:    
Long-term debt and finance lease obligations, net of current portion (including $547 and $611, respectively, of VIE) 1,587 1,654
Deferred income taxes 245 268
Other long-term liabilities (including $17 and $12, respectively, of VIE) 72 58
Total long-term liabilities 1,904 1,980
Commitments and contingencies (See Note 12)
CVR Energy stockholders’ equity:    
Common stock, $0.01 par value per share; 350,000,000 shares authorized; 100,629,209 and 100,629,209 shares issued as of September 30, 2022 and December 31, 2021, respectively 1 1
Additional paid-in-capital 1,508 1,510
Accumulated deficit (947) (956)
Treasury stock, 98,610 shares at cost (2) (2)
Total CVR stockholders’ equity 560 553
Noncontrolling interest 211 217
Total equity 771 770
Total liabilities and equity $ 4,206 $ 3,906