XML 82 R32.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Long-Term Debt and Finance Lease Obligations (Tables)
3 Months Ended
Mar. 31, 2024
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, 2024December 31, 2023
CVR Energy:
5.75% Senior Notes, due February 2028
$400 $400 
8.50% Senior Notes, due January 2029
600 600 
Unamortized debt issuance costs(5)(5)
Total CVR Energy debt995 995 
Petroleum Segment:
Finance lease obligations, net of current portion35 37 
Total Petroleum Segment finance lease obligations, net of current portion
35 37 
Nitrogen Fertilizer Segment:
6.125% Senior Secured Notes, due June 2028
$550 $550 
Unamortized debt issuance costs(3)(3)
Total Nitrogen Fertilizer Segment debt
547 547 
Total long-term debt and finance lease obligations, net of current portion1,577 1,579 
Current portion of long-term debt and finance lease obligations8 606 
Total long-term debt and finance lease obligations, including current portion$1,585 $2,185 

Credit Agreements
(in millions)Total Available Borrowing CapacityAmount Borrowed as of March 31, 2024Outstanding Letters of CreditAvailable Capacity as of March 31, 2024Maturity Date
CVR Energy:
CVR Energy’s Amended and Restated ABL Credit Agreement (“CVR Energy ABL”)$275 $ $24 $251 June 30, 2027
Nitrogen Fertilizer Segment:
CVR Partners’ Credit Agreement (“CVR Partners ABL”)
$43 $ $ $43 September 26, 2028