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Condensed Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Revenues:        
Net sales $ 4,292 $ 3,904 $ 12,893 $ 11,546
Other revenues from operations 427 537 1,389 1,506
Net income (loss) from investment activities 420 418 604 (826)
Interest and dividend income 37 27 99 97
Gain (loss) on disposition of assets, net 446 (1) 1,966 10
Other income, net 58 14 60 43
Total Revenues 5,680 4,899 17,011 12,376
Expenses:        
Cost of goods sold 3,679 3,378 11,094 9,949
Other expenses from operations 254 342 786 902
Selling, general and administrative 633 603 1,883 1,736
Restructuring, net 5 8 14 29
Impairment 5 93 82 670
Interest expense 207 222 648 665
Total Expenses 4,783 4,646 14,507 13,951
Income (loss) before income tax expense 897 253 2,504 (1,575)
Income tax expense (68) (15) (110) (81)
Net income (loss) 829 238 2,394 (1,656)
Less: net income (loss) attributable to non-controlling interests 232 254 262 (734)
Net income (loss) attributable to Icahn Enterprises 597 (16) 2,132 (922)
Net income (loss) attributable to Icahn Enterprises allocable to:        
Limited partners 586 (16) 2,090 (904)
General partner 11 0 42 (18)
Net income (loss) attributable to Icahn Enterprises $ 597 $ (16) $ 2,132 $ (922)
Basic income (loss) per LP unit        
Basic income (loss) per LP unit $ 3.53 $ (0.12) $ 13.23 $ (6.70)
Basic weighted average LP units outstanding 166 139 158 135
Diluted income (loss) per LP unit        
Diluted income (loss) per LP unit $ 3.53 $ (0.12) $ 13.23 $ (6.70)
Diluted weighted average LP units outstanding 166 139 158 135
Cash distributions declared per LP unit $ 1.50 $ 1.50 $ 4.50 $ 4.50
Icahn Enterprises Holdings        
Revenues:        
Net sales $ 4,292 $ 3,904 $ 12,893 $ 11,546
Other revenues from operations 427 537 1,389 1,506
Net income (loss) from investment activities 420 418 604 (826)
Interest and dividend income 37 27 99 97
Gain (loss) on disposition of assets, net 446 (1) 1,966 10
Other income, net 58 14 60 43
Total Revenues 5,680 4,899 17,011 12,376
Expenses:        
Cost of goods sold 3,679 3,378 11,094 9,949
Other expenses from operations 254 342 786 902
Selling, general and administrative 633 603 1,883 1,736
Restructuring, net 5 8 14 29
Impairment 5 93 82 670
Interest expense 207 222 647 664
Total Expenses 4,783 4,646 14,506 13,950
Income (loss) before income tax expense 897 253 2,505 (1,574)
Income tax expense (68) (15) (110) (81)
Net income (loss) 829 238 2,395 (1,655)
Less: net income (loss) attributable to non-controlling interests 232 254 262 (734)
Net income (loss) attributable to Icahn Enterprises 597 (16) 2,133 (921)
Net income (loss) attributable to Icahn Enterprises allocable to:        
Limited partners 591 (16) 2,112 (912)
General partner 6 0 21 (9)
Net income (loss) attributable to Icahn Enterprises $ 597 $ (16) $ 2,133 $ (921)