CVR ENERGY INC
For the period ended Dec 31, 2023. Filed Feb 21, 2024.
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FY2023 · Filed Feb 21, 2024
CVI$39.10+2.5%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets as of
CONSOLIDATED BALANCE SHEETS
| December 31, | ||
|---|---|---|
| (in millions) | 2023 | 2022 |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents (including $45 and $86, respectively, of consolidated variable interest entity (“VIE”)) | $581 | $510 |
| Reserved funds for debt payment | 598 | — |
| Accounts receivable, net (including $42 and $90, respectively, of VIE) | 286 | 358 |
| Inventories (including $69 and $78, respectively, of VIE) | 604 | 624 |
| Prepaid expenses and other current assets (including $10 and $11, respectively, of VIE) | 110 | 101 |
| Total current assets | 2,179 | 1,593 |
| Property, plant, and equipment, net (including $761 and $811, respectively, of VIE) | 2,221 | 2,247 |
| Other long-term assets (including $48 and $24, respectively, of VIE) | 307 | 279 |
| Total assets | $4,707 | $4,119 |
| LIABILITIES AND EQUITY | ||
| Current liabilities: | ||
| Current portion of long-term debt and finance lease obligations | $606 | $6 |
| Accounts payable (including $39 and $51, respectively, of VIE) | 530 | 497 |
| Other current liabilities (including $37 and $75, respectively, of VIE) | 546 | 936 |
| Total current liabilities | 1,682 | 1,439 |
| Long-term liabilities: | ||
| Long-term debt and finance lease obligations, net of current portion (including $547 and $547, respectively, of VIE) | 1,579 | 1,585 |
| Deferred income taxes | 327 | 249 |
| Other long-term liabilities (including $50 and $16, respectively, of VIE) | 81 | 55 |
| Total long-term liabilities | 1,987 | 1,889 |
| Commitments and contingencies (See Note 14) | ||
| CVR Energy stockholders’ 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 December 31, 2023 and 2022, respectively | 1 | 1 |
| Additional paid-in-capital | 1,508 | 1,508 |
| Accumulated deficit | (660) | (976) |
| Treasury stock, 98,610 shares at cost | (2) | (2) |
| Total CVR stockholders’ equity | 847 | 531 |
| Noncontrolling interest | 191 | 260 |
| Total equity | 1,038 | 791 |
| Total liabilities and equity | $4,707 | $4,119 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.