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Long-Term Debt and Finance Lease Obligations (Tables)
 9 Months Ended
Sep. 30, 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)September 30, 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 portion31 37 
Total Petroleum Segment finance lease obligations, net of current portion
31 37 
Nitrogen Fertilizer Segment:
6.125% Senior Secured Notes, due June 2028
550 550 
Unamortized debt issuance costs(2)(3)
Total Nitrogen Fertilizer Segment debt
548 547 
Total long-term debt and finance lease obligations, net of current portion1,574 1,579 
Current portion of long-term debt and finance lease obligations8 606 
Total long-term debt and finance lease obligations, including current portion$1,582 $2,185 

Credit Agreements
(in millions)Total Available Borrowing CapacityAmount Borrowed as of September 30, 2024Outstanding Letters of CreditAvailable Capacity as of September 30, 2024Maturity Date
CVR Energy:
CVR Energy’s Amended and Restated ABL Credit Agreement (“CVR Energy ABL”) (1)
$314 $— $24 $290 June 30, 2027
Nitrogen Fertilizer Segment:
CVR Partners’ Credit Agreement (“CVR Partners ABL”)
$39 $— $— $39 September 26, 2028
(1)As permitted under the CVR Energy ABL, certain subsidiaries of the Company entered into an Incremental Commitment Agreement on September 25, 2024 for an amount of $70 million, which increased the total aggregate principal amount available under the CVR Energy ABL from $275 million to $345 million.