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v3.23.1

Long-Term Debt and Finance Lease Obligations (Tables) | 3 Months Ended
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Mar. 31, 2023
Debt Disclosure [Abstract] |
Schedule of long-term debt and finance lease obligations | Long-term debt and finance lease obligations consisted of the following:
(in millions) | March 31, 2023 |  | December 31, 2022
CVR Partners: |  |  |
6.125% Senior Secured Notes, due June 2028 | $ | 550 |  |  | $ | 550 |
Unamortized discount and debt issuance costs | (3) |  |  | (3) |
Total CVR Partners debt | 547 |  |  | 547 |
CVR Refining, LP (“CVR Refining”): |  |  |
Finance lease obligations, net of current portion | 41 |  |  | 42 |
Total CVR Refining finance lease obligations, net of current portion | 41 |  |  | 42 |
CVR Energy: |  |  |
5.25% Senior Notes, due February 2025 | 600 |  |  | 600 |
5.75% Senior Notes, due February 2028 | 400 |  |  | 400 |
Unamortized debt issuance costs | (4) |  |  | (4) |
Total CVR Energy debt | 996 |  |  | 996 |
Total long-term debt and finance lease obligations, net of current portion | 1,584 |  |  | 1,585 |
Current portion of finance lease obligations | 6 |  |  | 6 |
Total long-term debt and finance lease obligations, including current portion | $ | 1,590 |  |  | $ | 1,591 |
Credit Agreements
(in millions) | Total Available Borrowing Capacity |  | Amount Borrowed as of March 31, 2023 |  | Outstanding Letters of Credit |  | Available Capacity as of March 31, 2023 |  | Maturity Date
CVR Partners: |  |  |  |  |  |  |  |  |
Asset Based (“Nitrogen Fertilizer ABL”) Credit Agreement | $ | 35 |  |  | $ | — |  |  | $ | — |  |  | $ | 35 |  |  | September 30, 2024
CVR Refining: |  |  |  |  |  |  |  |  |
Amended and Restated Asset Based (“Petroleum ABL”) Credit Agreement | $ | 275 |  |  | $ | — |  |  | $ | 20 |  |  | $ | 255 |  |  | June 30, 2027

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