Supplemental Cash Flow Information

12 Months Ended

Dec. 31, 2023

Supplemental Cash Flow Elements [Abstract]

(16) Supplemental Cash Flow Information

Cash flows related to income taxes, interest, leases, capital expenditures and deferred financing costs included in accounts payable, and noncash dividends were as follows:


	Year Ended December 31,
(in millions)	2023		2022		2021
Supplemental disclosures:
Cash paid for income taxes, net of refunds	$	93	$	170	$	72
Cash paid for interest	95		96		114
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	19		17		15
Operating cash flows from finance leases	4		5		5
Financing cash flows from finance leases	6		6		6
Noncash investing and financing activities:
Change in capital expenditures included in accounts payable (1)	(8)		12		2
Change in turnaround expenditures included in accounts payable	3		(2)		3
Change in deferred financing costs included in accounts payable	—		—		1
Noncash dividends to CVR Energy stockholders	—		—		251

(1)Capital expenditures are shown exclusive of capitalized turnaround expenditures.

Cash, cash equivalents and restricted cash consisted of the following:


	As of December 31,
(in millions)	2023		2022
Cash and cash equivalents	$	581	$	510
Reserved funds (1)	598		—
Restricted cash (2)	7		7
Cash, cash equivalents, reserved funds and restricted cash	$	1,186	$	517

(1)Funds reserved for the redemption of the 2025 Notes in February 2024. See Note 8 (“Long-Term Debt and Finance Lease Obligations”) for further discussion.

(2)The restricted cash balance is included within Prepaid expenses and other current assets on the Consolidated Balance Sheets. See Note 14 (“Commitments and Contingencies”) for further discussion.