Cvr energy, inc (CVI)
Balance Sheet / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Dec'10
ASSETS
Current assets:
Cash and cash equivalents (including $58 and $37, respectively, of consolidated variable interest entities (“VIEs”))

805

652

692

540

467

668

702

534

420

482

849

829

803

735

762

690

681

765

1,012

937

852

753

793

998

962

842

887

1,134

1,040

896

988

692

500

388

898

747

200

Accounts receivable (including $15 and $34, respectively, of VIEs)

152

182

181

168

193

169

214

190

179

179

143

141

143

151

139

150

109

95

132

179

136

136

230

248

258

241

240

277

283

210

280

214

246

182

83

98

80

Insurance receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

1

1

1

1

1

4

3

-

Income tax receivable (including $0.0 and $0.0, respectively, of VIEs)

-

-

-

-

-

-

-

-

9

-

10

10

9

10

6

7

6

6

3

4

8

11

2

0

2

10

3

-

4

4

2

-

36

30

9

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

2

5

6

8

12

13

27

14

13

16

57

36

26

-

-

17

15

43

Due from parent

-

-

-

0

4

-

0

0

0

-

-

-

-

0

2

14

11

11

0

0

9

44

-

-

-

0

0

-

-

9

-

-

-

-

-

-

-

Inventories (including $55 and $48, respectively, of VIEs)

211

373

388

390

403

380

427

433

424

369

339

318

353

349

323

325

259

289

284

349

311

329

516

528

543

526

680

588

525

528

524

514

590

636

308

315

247

Prepaid expenses and other current assets (including $5 and $5, respectively, of VIEs)

228

67

66

59

58

76

47

54

114

48

41

45

37

68

64

88

84

104

92

86

139

174

213

222

135

82

142

132

54

54

32

64

66

117

45

44

28

Total current assets

1,396

1,274

1,327

1,157

1,125

1,293

1,390

1,211

1,147

1,078

1,383

1,346

1,348

1,315

1,299

1,275

1,153

1,273

1,525

1,559

1,462

1,456

1,765

2,011

1,915

1,731

1,968

2,146

1,925

1,761

1,865

1,513

1,442

1,356

1,363

1,222

599

Property, plant and equipment, net (including $952 and $2,414, respectively, of VIEs)

2,325

2,336

2,356

2,376

2,418

2,430

2,441

2,494

2,537

2,588

2,586

2,621

2,642

2,672

2,694

2,723

1,972

1,967

1,948

1,916

1,911

1,916

1,909

1,894

1,884

1,864

1,834

1,809

1,782

1,782

1,722

1,701

1,692

1,672

1,079

1,061

1,081

Intangible assets of VIEs, net

-

-

-

-

-

-

-

-

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Goodwill of VIEs

-

-

-

-

-

-

-

-

41

-

41

41

41

41

41

41

41

41

41

41

41

41

41

41

41

41

41

41

40

41

40

40

40

40

40

40

40

Equity method investments in affiliates of VIEs

-

-

-

-

-

-

-

-

83

-

-

-

-

5

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred financing costs, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6

7

7

8

9

9

10

11

11

12

13

16

15

17

18

20

15

16

10

Insurance receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4

4

4

-

4

4

4

4

-

-

3

Other long-term assets (including $60 and $61, respectively, of VIEs)

404

295

279

297

331

277

171

145

14

141

21

20

21

15

19

16

16

17

19

22

32

40

27

22

18

17

14

9

5

9

3

6

4

23

4

4

4

Total assets

4,125

3,905

3,962

3,830

3,874

4,000

4,002

3,850

3,823

3,807

4,032

4,029

4,053

4,050

4,055

4,056

3,183

3,299

3,541

3,547

3,456

3,462

3,752

3,979

3,869

3,665

3,875

4,023

3,772

3,610

3,652

3,284

3,203

3,119

2,508

2,349

1,740

LIABILITIES AND EQUITY
Current liabilities:
Note payable and finance lease obligations (including $0 and $3, respectively, of VIEs)

-

-

-

-

-

3

2

2

2

2

2

2

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

3

6

9

0

0

8

Current portion of long-term debt of VIEs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

125

124

125

125

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable (including $24 and $24, respectively, of VIEs)

344

412

390

323

359

320

409

356

343

334

281

235

238

251

217

241

249

261

294

284

264

275

421

397

402

377

394

380

378

440

425

426

508

466

185

165

155

Personnel accruals (including $17.4 and $29.9, respectively, of VIEs)

-

-

-

-

-

-

-

-

27

-

48

37

26

45

41

34

23

45

43

34

27

38

49

43

35

45

53

46

40

51

49

39

14

20

16

13

29

Accrued taxes other than income taxes ($23.8 and $26.5, respectively)

-

-

-

-

-

-

-

-

23

-

23

28

27

27

22

27

26

23

23

30

26

26

23

29

34

31

21

29

41

36

31

36

44

35

20

20

21

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

12

9

-

-

-

Deferred revenue of VIEs

-

-

-

-

-

-

-

-

24

-

19

2

31

12

5

1

0

3

2

1

6

13

1

0

10

0

0

1

28

1

10

4

16

9

20

2

18

Income taxes payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9

-

-

14

30

3

2

0

38

7

Due to parent

-

-

-

-

-

-

-

16

14

-

2

1

12

10

-

-

-

0

33

20

-

-

15

28

82

0

33

118

57

0

44

28

-

-

-

-

-

Other current liabilities (including $68 and $52, respectively, of VIEs)

160

184

200

159

221

173

193

217

86

208

240

297

221

217

168

70

47

24

41

53

98

68

61

55

63

44

67

97

94

95

149

39

95

34

61

29

25

Total current liabilities

504

596

590

482

580

496

604

591

522

544

618

605

560

565

456

377

474

484

565

551

424

423

574

555

629

501

573

684

641

625

728

609

700

587

304

270

265

Long-term liabilities:
Long-term debt and finance lease obligations (including $633 and $632, respectively, of VIEs)

1,686

1,190

1,190

1,190

1,191

1,167

1,166

1,165

1,164

1,164

1,164

1,163

1,163

1,162

1,164

1,165

540

540

547

547

673

673

673

674

674

674

675

675

675

897

850

851

852

853

591

591

468

Deferred income taxes

394

396

405

401

395

380

347

394

386

386

593

585

591

579

642

668

624

639

617

615

622

638

600

600

572

601

610

585

510

386

408

380

349

357

360

348

298

Accrued environmental liabilities, net of current portion

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

1

1

1

1

1

1

1

1

1

1

1

1

1

1

2

Other long-term liabilities (including $9 and $10, respectively, of VIEs)

55

55

52

51

50

14

22

13

7

9

35

34

33

32

31

31

27

33

38

53

51

51

48

44

42

51

48

44

44

39

36

20

24

19

19

17

3

Total long-term liabilities

2,135

1,641

1,647

1,642

1,636

1,561

1,535

1,572

1,559

1,559

1,792

1,783

1,788

1,774

1,839

1,866

1,192

1,214

1,203

1,216

1,347

1,363

1,324

1,320

1,290

1,328

1,335

1,306

1,232

1,325

1,298

1,254

1,227

1,232

972

959

774

Commitments and contingencies (See Note 12)

-

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Equity:
Common stock $0.01 par value per share, 350,000,000 shares authorized, 100,629,209 and 100,629,209 shares issued as of March 31, 2020 and December 31, 2019, respectively.

1

1

1

1

1

1

1

1

0

1

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Additional paid-in-capital

1,507

1,507

1,507

1,506

1,506

1,474

1,473

1,197

1,197

1,197

1,197

1,197

1,197

1,197

1,197

1,197

1,174

1,174

1,174

1,174

1,174

1,174

1,174

1,166

1,114

1,114

1,114

1,114

811

582

582

582

590

587

584

580

467

Accumulated deficit

-281

-113

-77

-121

-162

-187

-233

-313

-254

-277

-434

-413

-359

-338

-301

-263

-248

-189

-100

-115

-173

-184

-75

155

137

76

163

185

632

945

905

696

541

566

500

391

221

Treasury stock, 98,610 shares at cost

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

1

0

0

Accumulated other comprehensive income, net of tax

-

-

-

-

-

-

-

-

0

-

0

0

0

0

0

0

-

0

-0

-0

-0

-0

7

-0

-0

-0

-0

0

-1

-1

-1

-1

-1

-1

-1

0

0

Total CVR stockholders’ equity

1,225

1,393

1,429

1,384

1,343

1,286

1,239

883

941

919

761

783

836

858

894

932

924

984

1,072

1,058

999

988

1,105

1,320

1,250

1,188

1,276

1,299

1,441

1,525

1,485

1,276

1,130

1,151

1,083

973

689

Noncontrolling interest

261

275

296

322

315

657

624

804

800

785

860

857

867

851

864

880

592

616

699

721

684

687

748

783

700

646

690

733

455

135

140

144

144

148

147

146

10

Total equity

1,486

1,668

1,725

1,706

1,658

1,943

1,863

1,687

1,741

1,704

1,622

1,640

1,704

1,709

1,759

1,813

1,517

1,600

1,772

1,779

1,684

1,675

1,854

2,103

1,950

1,835

1,966

2,032

1,897

1,660

1,626

1,420

1,274

1,299

1,231

1,119

700

Total liabilities and equity

4,125

3,905

3,962

3,830

3,874

4,000

4,002

3,850

3,823

3,807

4,032

4,029

4,053

4,050

4,055

4,056

3,183

3,299

3,541

3,547

3,456

3,462

3,752

3,979

3,869

3,665

3,875

4,023

3,772

3,610

3,652

3,284

3,203

3,119

2,508

2,349

1,740