XML 14 R4.htm IDEA: XBRL DOCUMENT v3.7.0.1
Condensed Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Revenues:        
Net sales $ 4,282 $ 4,094 $ 8,601 $ 7,642
Other revenues from operations 487 523 962 969
Net income (loss) from investment activities 314 (308) 184 (1,244)
Interest and dividend income 33 28 62 70
Gain on disposition of assets, net 1,525 1 1,520 11
Other income, net 13 12 2 29
Total Revenues 6,654 4,350 11,331 7,477
Expenses:        
Cost of goods sold 3,723 3,448 7,415 6,571
Other expenses from operations 278 314 532 560
Selling, general and administrative 623 615 1,250 1,133
Restructuring, net 2 6 9 21
Impairment 69 0 77 577
Interest expense 218 202 441 443
Total Expenses 4,913 4,585 9,724 9,305
Income (loss) before income tax expense 1,741 (235) 1,607 (1,828)
Income tax expense (16) (50) (42) (66)
Net income (loss) 1,725 (285) 1,565 (1,894)
Less: net income (loss) attributable to non-controlling interests 172 (216) 30 (988)
Net income (loss) attributable to Icahn Enterprises 1,553 (69) 1,535 (906)
Net income (loss) attributable to Icahn Enterprises allocable to:        
Limited partners 1,522 (68) 1,504 (888)
General partner 31 (1) 31 (18)
Net income (loss) attributable to Icahn Enterprises $ 1,553 $ (69) $ 1,535 $ (906)
Basic loss per LP unit        
Basic income (loss) per LP unit $ 9.51 $ (0.50) $ 9.77 $ (6.68)
Basic weighted average LP units outstanding 160 135 154 133
Diluted loss per LP unit        
Diluted income (loss) per LP unit $ 9.51 $ (0.50) $ 9.77 $ (6.68)
Diluted weighted average LP units outstanding 160 135 154 133
Cash distributions declared per LP unit $ 1.50 $ 1.50 $ 3.00 $ 3.00
Icahn Enterprises Holdings        
Revenues:        
Net sales $ 4,282 $ 4,094 $ 8,601 $ 7,642
Other revenues from operations 487 523 962 969
Net income (loss) from investment activities 314 (308) 184 (1,244)
Interest and dividend income 33 28 62 70
Gain on disposition of assets, net 1,525 1 1,520 11
Other income, net 13 12 2 29
Total Revenues 6,654 4,350 11,331 7,477
Expenses:        
Cost of goods sold 3,723 3,448 7,415 6,571
Other expenses from operations 278 314 532 560
Selling, general and administrative 623 615 1,250 1,133
Restructuring, net 2 6 9 21
Impairment 69 0 77 577
Interest expense 217 201 440 442
Total Expenses 4,912 4,584 9,723 9,304
Income (loss) before income tax expense 1,742 (234) 1,608 (1,827)
Income tax expense (16) (50) (42) (66)
Net income (loss) 1,726 (284) 1,566 (1,893)
Less: net income (loss) attributable to non-controlling interests 172 (216) 30 (988)
Net income (loss) attributable to Icahn Enterprises 1,554 (68) 1,536 (905)
Net income (loss) attributable to Icahn Enterprises allocable to:        
Limited partners 1,539 (67) 1,521 (896)
General partner 15 (1) 15 (9)
Net income (loss) attributable to Icahn Enterprises $ 1,554 $ (68) $ 1,536 $ (905)