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Long-Term Debt and Finance Lease Obligations (Tables)
 12 Months Ended
Dec. 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:
December 31,
(in millions)20242023
CVR Energy:
8.50% Senior Notes, due January 2029
$600 $600 
5.75% Senior Notes, due February 2028
400 400 
Unamortized debt issuance costs(4)(5)
Total CVR Energy debt996 995 
Petroleum Segment:
Term Loan322 — 
Finance lease obligations, net of current portion29 37 
Unamortized debt discount and debt issuance costs(8)— 
Total Petroleum Segment debt and finance lease obligations, net of current portion
343 37 
Nitrogen Fertilizer Segment:
6.125% Senior Secured Notes, due June 2028
550 550 
Finance lease obligations, net of current portion20 — 
Unamortized debt issuance costs(2)(3)
Total Nitrogen Fertilizer Segment debt and finance lease obligations, net of current portion
568 547 
Total long-term debt and finance lease obligations, net of current portion1,907 1,579 
Current portion of long-term debt and finance lease obligations (1)
12 606 
Total long-term debt and finance lease obligations, including current portion$1,919 $2,185 
(1)On December 21, 2023, the Company delivered a notice of redemption to the holders of its 5.25% Senior Notes, due February 2025 (the “2025 Notes”), that all outstanding amounts of the 2025 Notes, plus any accrued and unpaid interest to the redemption date, would be redeemed on February 15, 2024. As such, the outstanding balance of the $600 million principal amount of the 2025 Notes was classified
as short-term as of December 31, 2023. On February 15, 2024, the 2025 Notes were redeemed in full, at par, plus accrued and unpaid interest to the redemption date.

Credit Agreements
(in millions)Total Available Borrowing CapacityAmount Borrowed as of December 31, 2024Outstanding Letters of CreditAvailable Capacity as of December 31, 2024Maturity Date
Petroleum Segment:
CVR Energy’s Amended and Restated ABL Credit Agreement (“CVR Energy ABL”) (1)
$262 $— $24 $238 June 30, 2027
Nitrogen Fertilizer Segment:
CVR Partners’ Credit Agreement (“CVR Partners ABL”)$39 $— $— $39 September 26, 2028
Schedule of Debt Instrument Redemption
On or after January 15, 2026, we may on any one or more occasions, redeem all or part of the 2029 Notes at the redemption price set forth below expressed as a percentage of the principal amount of the respective note, plus accrued and unpaid interest to the applicable redemption date.
12-month period beginning February 15,Percentage
2026104.250%
2027102.125%
2028100.000%
We may on any one or more occasions, redeem all or part of the 2028 Notes at the redemption prices set forth below expressed as a percentage of the principal amount of the respective notes, plus accrued and unpaid interest to the applicable redemption date.
12-month period beginning February 15,Percentage
2024101.917%
2025100.958%
2026 and thereafter100.000%
On or after June 15, 2024, the Issuers may, on any one or more occasions, redeem all or part of the 2028 UAN Notes at the redemption prices set forth below, expressed as a percentage of the principal amount of the respective notes, plus accrued and unpaid interest to the applicable redemption date.
12-month period beginning June 15,Percentage
2024103.063%
2025101.531%
2026 and thereafter100.000%