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Revenue (Tables)
 9 Months Ended
Sep. 30, 2022
Revenue from Contract with Customer [Abstract]  
Schedule of revenue disaggregated by major product
The following tables present the Company’s revenue, disaggregated by major product. The following tables also include a reconciliation of the disaggregated revenue with the Company’s reportable segments.
Three Months Ended September 30, 2022Nine Months Ended September 30, 2022
(in millions)
Petroleum Segment
Nitrogen Fertilizer Segment
Other / EliminationConsolidated
Petroleum Segment
Nitrogen Fertilizer Segment
Other / EliminationConsolidated
Gasoline$1,207 $— $— $1,207 $3,732 $— $— $3,732 
Distillates (1)
1,202 — 50 1,252 3,513 — 76 3,589 
Ammonia— 22 — 22 — 125 — 125 
UAN— 119 — 119 — 438 — 438 
Other urea products— 6 — 6 — 26 — 26 
Freight revenue4 7 — 11 13 27 — 40 
Other (2)
49 2 19 70 209 7 20 236 
Revenue from product sales2,462 156 69 2,687 7,467 623 96 8,186 
Crude oil sales12 — — 12 29 — — 29 
Other revenue (2)
— — — — 1 — — 1 
Total revenue$2,474 $156 $69 $2,699 $7,497 $623 $96 $8,216 
Three Months Ended September 30, 2021Nine Months Ended September 30, 2021
(in millions)
Petroleum Segment
Nitrogen Fertilizer Segment
Other / EliminationConsolidated
Petroleum Segment
Nitrogen Fertilizer Segment
Other / EliminationConsolidated
Gasoline$962 $— $— $962 $2,619 $— $— $2,619 
Distillates (1)
723 — — 723 1,996 — — 1,996 
Ammonia— 27 — 27 — 68 — 68 
UAN— 99 — 99 — 224 — 224 
Other urea products— 8 — 8 — 20 — 20 
Freight revenue5 9 — 14 16 24 — 40 
Other (2)
45 2 (4)43 117 8 (8)117 
Revenue from product sales1,735 145 (4)1,876 4,748 344 (8)5,084 
Crude oil sales6 — — 6 43 — — 43 
Other revenue (2)
1 — — 1 2 — — 2 
Total revenue$1,742 $145 $(4)$1,883 $4,793 $344 $(8)$5,129 
(1)Distillates consist primarily of diesel fuel, kerosene, jet fuel, and renewable fuels activity.
(2)Other revenue consists primarily of renewable fuels activity, feedstock, asphalt sales, and pipeline and processing fees.
Summary of deferred revenue activity A summary of the Nitrogen Fertilizer Segment’s deferred revenue activity during the nine months ended September 30, 2022 is presented below:
(in millions)
Balance at December 31, 2021$87 
Add:
New prepay contracts entered into during the period (1)
80 
Less:
Revenue recognized that was included in the contract liability balance at the beginning of the period(86)
Revenue recognized related to contracts entered into during the period(16)
Balance at September 30, 2022$65 
(1) Substantially all of the payments associated with prepaid contracts were collected as of September 30, 2022.