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Schedule I
 12 Months Ended
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.