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Schedule I | 12 Months Ended
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Dec. 31, 2016
Icahn Enterprises (Parent) |
Condensed Financial Statements, Captions [Line Items] |
Condensed Financial Information of Parent Company Only Disclosure [Text Block] | SCHEDULE I ICAHN ENTERPRISES, L.P. (Parent Company) CONDENSED BALANCE SHEETS
| December 31,
| 2016 |  | 2015
| (In millions, except unit amounts)
ASSETS |  |  |
Investments in subsidiaries, net | $ | 7,750 |  |  | $ | 9,579 |
Total Assets | $ | 7,750 |  |  | $ | 9,579 |
LIABILITIES AND EQUITY |  |  |
Accrued expenses and other liabilities | $ | 106 |  |  | $ | 106 |
Debt | 5,490 |  |  | 5,486 |
| 5,596 |  |  | 5,592 |
Commitments and contingencies (Note 3) |  |  |
Equity: |  |  |
Limited partners: Depositary units: 144,741,149 and 131,481,059 units issued and outstanding at December 31, 2016 and 2015, respectively | 2,448 |  |  | 4,244 |
General partner | (294 | ) |  | (257 | )
Total equity | 2,154 |  |  | 3,987 |
Total Liabilities and Equity | $ | 7,750 |  |  | $ | 9,579 |
See notes to condensed financial statements. SCHEDULE I ICAHN ENTERPRISES, L.P. (Parent Company) CONDENSED STATEMENTS OF OPERATIONS
| Year Ended December 31,
| 2016 |  | 2015 |  | 2014
| (In millions)
Interest expense | $ | (289 | ) |  | $ | (289 | ) |  | $ | (292 | )
Loss on extinguishment of debt | — |  |  | — |  |  | (108 | )
Equity in (loss) earnings of subsidiaries | (839 | ) |  | (905 | ) |  | 27 |
Net loss | $ | (1,128 | ) |  | $ | (1,194 | ) |  | $ | (373 | )
Net loss allocable to: |  |  |  |  |
Limited partners | $ | (1,106 | ) |  | $ | (1,170 | ) |  | $ | (366 | )
General partner | (22 | ) |  | (24 | ) |  | (7 | )
| $ | (1,128 | ) |  | $ | (1,194 | ) |  | $ | (373 | )
See notes to condensed financial statements. SCHEDULE I ICAHN ENTERPRISES, L.P. (Parent Company) CONDENSED STATEMENTS OF CASH FLOWS
| Year Ended December 31,
| 2016 |  | 2015 |  | 2014
| (In millions)
Cash flows from operating activities: |  |  |  |  |
Net loss | $ | (1,128 | ) |  | $ | (1,194 | ) |  | $ | (373 | )
Adjustments to reconcile net loss to net cash used in operating activities: |  |  |  |  |
Amortization of deferred financing costs | 1 |  |  | 1 |  |  | 1 |
Loss on extinguishment of debt | — |  |  | — |  |  | 108 |
Equity in loss (income) of subsidiary | 839 |  |  | 905 |  |  | (27 | )
Net cash used in operating activities | (288 | ) |  | (288 | ) |  | (291 | )
Cash flows from investing activities: |  |  |  |  |
Net investment in and advances from subsidiary | 390 |  |  | 404 |  |  | (951 | )
Net cash provided by (used in) investing activities | 390 |  |  | 404 |  |  | (951 | )
Cash flows from financing activities: |  |  |  |  |
Partnership distributions | (103 | ) |  | (116 | ) |  | (125 | )
Partnership contributions | 1 |  |  | — |  |  | — |
Proceeds from borrowings | — |  |  | — |  |  | 4,991 |
Repayments of borrowings | — |  |  | — |  |  | (3,624 | )
Net cash (used in) provided by financing activities | (102 | ) |  | (116 | ) |  | 1,242 |
Net change in cash and cash equivalents | — |  |  | — |  |  | — |
Cash and cash equivalents, beginning of period | — |  |  | — |  |  | — |
Cash and cash equivalents, end of period | $ | — |  |  | $ | — |  |  | $ | — |
See notes to condensed financial statements. ICAHN ENTERPRISES L.P. (Parent Company) NOTES TO CONDENSED FINANCIAL STATEMENTS 1. Description of Business and Basis of Presentation. Icahn Enterprises, L.P. (“Icahn Enterprises”) is a master limited partnership formed in Delaware on February 17, 1987. We own a 99% limited partner interest in Icahn Enterprises Holdings L.P. (''Icahn Enterprises Holdings''). Icahn Enterprises Holdings and its subsidiaries own substantially all of our assets and liabilities and conduct substantially all of our operations. Icahn Enterprises G.P. Inc. (''Icahn Enterprises GP''), our sole general partner, which is owned and controlled by Carl C. Icahn, owns a 1% general partner interest in both us and Icahn Enterprises Holdings, representing an aggregate 1.99% general partner interest in us and Icahn Enterprises Holdings. As of December 31, 2016, Icahn Enterprises Holdings is engaged in the following continuing operating businesses: Investment, Automotive, Energy, Railcar, Gaming, Metals, Mining, Food Packaging, Real Estate and Home Fashion. For the years ended December 31, 2016, 2015 and 2014, Icahn Enterprises received $390 million, $404 million and $416 million, respectively, in dividends and distributions from consolidated subsidiaries. The condensed financial statements of Icahn Enterprises should be read in conjunction with the consolidated financial statements and notes thereto included in Item 8 of this Report. 2. Debt. See Note 10, “Debt,” to the consolidated financial statements located in Item 8 of this Report. Icahn Enterprises' Parent company debt consists of the following:
| December 31,
| 2016 |  | 2015
| (in millions)
Senior unsecured 5.875% notes due 2022 | $ | 1,340 |  |  | $ | 1,338 |
Senior unsecured 6.00% notes due 2020 | 1,705 |  |  | 1,706 |
Senior unsecured 4.875% notes due 2019 | 1,271 |  |  | 1,270 |
Senior unsecured 3.5% notes due 2017 | 1,174 |  |  | 1,172 |
Total debt | $ | 5,490 |  |  | $ | 5,486 |
3. Commitments and Contingencies. See Note 17, “Commitments and Contingencies,” to the consolidated financial statements.
Icahn Enterprises Holdings (Parent) |
Condensed Financial Statements, Captions [Line Items] |
Condensed Financial Information of Parent Company Only Disclosure [Text Block] | SCHEDULE I ICAHN ENTERPRISES HOLDINGS L.P. (Parent Company) CONDENSED BALANCE SHEETS
| December 31,
| 2016 |  | 2015
| (in millions)
ASSETS |  |  |
Cash and cash equivalents | $ | 65 |  |  | $ | 51 |
Other assets | 94 |  |  | 219 |
Investments in subsidiaries, net | 7,642 |  |  | 9,363 |
Total Assets | $ | 7,801 |  |  | $ | 9,633 |
LIABILITIES AND EQUITY |  |  |
Accounts payable, accrued expenses and other liabilities | $ | 108 |  |  | $ | 109 |
Debt | 5,514 |  |  | 5,513 |
| 5,622 |  |  | 5,622 |
Commitments and contingencies (Note 3) |  |  |
Equity: |  |  |
Limited partner | 2,498 |  |  | 4,310 |
General partner | (319 | ) |  | (299 | )
Total equity | 2,179 |  |  | 4,011 |
Total Liabilities and Equity | $ | 7,801 |  |  | $ | 9,633 |
See notes to condensed financial statements. SCHEDULE I ICAHN ENTERPRISES HOLDINGS L.P. (Parent Company) CONDENSED STATEMENTS OF OPERATIONS
| Year Ended December 31,
| 2016 |  | 2015 |  | 2014
| (in millions)
Interest and dividend income | $ | 1 |  |  | $ | — |  |  | $ | 1 |
Loss on extinguishment of debt | — |  |  | — |  |  | (108 | )
Equity in (loss) earnings of subsidiaries | (818 | ) |  | (903 | ) |  | 28 |
Other income, net | 8 |  |  | 28 |  |  | 20 |
| (809 | ) |  | (875 | ) |  | (59 | )
Interest expense | 290 |  |  | 291 |  |  | 290 |
Selling, general and administrative | 28 |  |  | 27 |  |  | 23 |
| 318 |  |  | 318 |  |  | 313 |
Net loss | $ | (1,127 | ) |  | $ | (1,193 | ) |  | $ | (372 | )
Net loss allocable to: |  |  |  |  |
Limited partner | $ | (1,116 | ) |  | $ | (1,181 | ) |  | $ | (368 | )
General partner | (11 | ) |  | (12 | ) |  | (4 | )
| $ | (1,127 | ) |  | $ | (1,193 | ) |  | $ | (372 | )
See notes to condensed financial statements. SCHEDULE I ICAHN ENTERPRISES HOLDINGS L.P. (Parent Company) CONDENSED STATEMENTS OF CASH FLOWS
| Year Ended December 31,
| 2016 |  | 2015 |  | 2014
| (in millions)
Cash flows from operating activities: |  |  |  |  |
Net loss | $ | (1,127 | ) |  | $ | (1,193 | ) |  | $ | (372 | )
Adjustments to reconcile net loss to net cash used in operating activities: |  |  |  |  |
Equity in (income) loss of subsidiary | 818 |  |  | 903 |  |  | (28 | )
Loss on extinguishment of debt | — |  |  | — |  |  | 108 |
Depreciation and amortization | 3 |  |  | 2 |  |  | 5 |
Other, net | 7 |  |  | (16 | ) |  | — |
Change in operating assets and liabilities | (6 | ) |  | (4 | ) |  | (47 | )
Net cash used in operating activities | (305 | ) |  | (308 | ) |  | (334 | )
Cash flows from investing activities: |  |  |  |  |
Net investment in subsidiaries | 421 |  |  | 155 |  |  | (661 | )
Purchase of investments | — |  |  | (96 | ) |  | — |
Other, net | — |  |  | 28 |  |  | 9 |
Net cash provided by (used in) investing activities | 421 |  |  | 87 |  |  | (652 | )
Cash flows from financing activities: |  |  |  |  |
Partnership distributions | (103 | ) |  | (116 | ) |  | (125 | )
Partner contribution | 1 |  |  | — |  |  | — |
Proceeds from borrowings | — |  |  | — |  |  | 4,991 |
Repayments of borrowings | — |  |  | — |  |  | (3,634 | )
Net cash (used in) provided by financing activities | (102 | ) |  | (116 | ) |  | 1,232 |
Net change in cash and cash equivalents | 14 |  |  | (337 | ) |  | 246 |
Cash and cash equivalents, beginning of period | 51 |  |  | 388 |  |  | 142 |
Cash and cash equivalents, end of period | $ | 65 |  |  | $ | 51 |  |  | $ | 388 |
See notes to condensed financial statements. ICAHN ENTERPRISES HOLDINGS L.P. (Parent Company) NOTES TO CONDENSED FINANCIAL STATEMENTS 1. Description of Business and Basis of Presentation. Icahn Enterprises Holdings L.P. (“Icahn Enterprises Holdings”) is a limited partnership formed in Delaware on February 17, 1987. Our sole limited partner is Icahn Enterprises L.P. (“Icahn Enterprises”), a master limited partnership which owns a 99% interest in us. Icahn Enterprises G.P. Inc. (“Icahn Enterprises GP''), our sole 1% general partner, is a Delaware corporation which is owned and controlled by Carl C. Icahn. As of December 31, 2016, Icahn Enterprises Holdings is engaged in the following continuing operating businesses: Investment, Automotive, Energy, Railcar, Gaming, Metals, Mining, Food Packaging, Real Estate and Home Fashion. For the years ended December 31, 2016, 2015 and 2014, Icahn Enterprises Holdings received $421 million, $155 million and $696 million, respectively, in dividends and distributions from consolidated subsidiaries. The condensed financial statements of Icahn Enterprises Holdings should be read in conjunction with the consolidated financial statements and notes thereto included in Item 8 of this Report. 2. Debt. See Note 10, “Debt,” to the consolidated financial statements located in Item 8 of this Report. Icahn Enterprises Holdings' Parent company debt consists of the following:
| December 31,
| 2016 |  | 2015
| (in millions)
Senior unsecured 5.875% notes due 2022 | $ | 1,340 |  |  | 1,338 |
Senior unsecured 6.00% notes due 2020 | 1,705 |  |  | 1,706 |
Senior unsecured 4.875% notes due 2019 | 1,271 |  |  | 1,270 |
Senior unsecured 3.5% notes due 2017 | 1,174 |  |  | 1,172 |
Mortgages payable | 24 |  |  | 27 |
Total debt | $ | 5,514 |  |  | $ | 5,513 |
3. Commitments and Contingencies. See Note 17, “Commitments and Contingencies,” to the consolidated financial statements.

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