XML 41 R27.htm IDEA: XBRL DOCUMENT v3.6.0.2
Quarterly Financial Data (Unaudited)
12 Months Ended
Dec. 31, 2016
Quarterly Financial Data (Unaudited) [Abstract]  
Quarterly Financial Information [Text Block]
Quarterly Financial Data (Unaudited).
Quarterly financial data for Icahn Enterprises is presented below:
 
For the Three Months Ended(1)
 
March 31,
 
June 30,
 
September 30,
 
December 31,
 
2016
 
2015
 
2016
 
2015
 
2016
 
2015
 
2016
 
2015
 
(in millions, except per unit data)
Net sales
$
3,548

 
$
3,565

 
$
4,094

 
$
3,979

 
$
3,904

 
$
3,720

 
$
3,965

 
$
3,340

Gross margin on net sales
425

 
440

 
646

 
655

 
526

 
496

 
502

 
272

Total revenues
3,127

 
4,511

 
4,350

 
4,984

 
4,899

 
3,212

 
3,972

 
2,565

Net income (loss)
(1,609
)
 
422

 
(285
)
 
541

 
238

 
(940
)
 
(564
)
 
(2,150
)
Net (income) loss attributable to non-controlling interests
772

 
(261
)
 
216

 
(329
)
 
(254
)
 
500

 
358

 
1,023

Net income (loss) attributable to Icahn Enterprises
(837
)
 
161

 
(69
)
 
212

 
(16
)
 
(440
)
 
(206
)
 
(1,127
)
Basic income (loss) per LP unit(2)
$
(6.21
)
 
$
1.28

 
$
(0.50
)
 
$
1.68

 
$
(0.12
)
 
$
(3.40
)
 
$
(1.42
)
 
$
(8.56
)
Diluted income (loss) per LP unit(2)
$
(6.21
)
 
$
1.27

 
$
(0.50
)
 
$
1.68

 
$
(0.12
)
 
$
(3.40
)
 
$
(1.42
)
 
$
(8.56
)


(1) 
The comparability of our quarterly financial data is impacted by the acquisitions of certain businesses during both of the years December 31, 2016 and 2015 as discussed in Note 1, "Description of Business and Basis of Presentation."
(2) 
Basic and diluted income (loss) per LP unit is computed separately for each quarter and therefore, the sum of such quarterly per LP unit amounts may differ from the total for the year.