Discontinued Operations.

As discussed in Note 1, "Description of Business," we operated discontinued operations previously included in our Automotive segment and our former Gaming segment effective in the second quarter of 2018.

Income from discontinued operations is summarized as follows:



	Three Months Ended September 30, 2018									Three Months Ended September 30, 2017
	Automotive			Gaming			Total			Automotive			Gaming			Total
Revenues:	(in millions)
Net sales	$	1,890		$	—		$	1,890		$	1,889		$	—		$	1,889
Other revenues from operations	—			233			233			—			246			246
Interest and dividend income	1			—			1			3			—			3
Gain on disposition of assets, net	65			—			65			—			—			—
Other (loss) income, net	(4		)	2			(2		)	5			22			27
	1,952			235			2,187			1,897			268			2,165
Expenses:
Cost of goods sold	1,562			—			1,562			1,623			—			1,623
Other expenses from operations	—			105			105			—			110			110
Selling, general and administrative	185			78			263			218			83			301
Restructuring, net	15			—			15			4			—			4
Impairment	—			—			—			5			—			5
Interest expense	45			1			46			40			3			43
	1,807			184			1,991			1,890			196			2,086
Income from discontinued operations before income tax expense	145			51			196			7			72			79
Income tax expense	(28		)	(5		)	(33		)	(23		)	(27		)	(50		)
Income (loss) from discontinued operations	117			46			163			(16		)	45			29
Less: income from discontinued operations attributable to non-controlling interests	1			7			8			2			7			9
Income (loss) from discontinued operations attributable to Icahn Enterprises	$	116		$	39		$	155		$	(18	)	$	38		$	20

Supplemental information:
Capital expenditures⁽¹⁾	$	88		$	17		$	105		$	91		$	30		$	121
Depreciation and amortization⁽²⁾	$	—		$	—		$	—		$	102		$	19		$	121



	Nine Months Ended September 30, 2018									Nine Months Ended September 30, 2017
	Automotive			Gaming			Total			Automotive			Gaming			Total
Revenues:	(in millions)
Net sales	$	5,993		$	—		$	5,993		$	5,786		$	—		$	5,786
Other revenues from operations	—			679			679			—			684			684
Interest and dividend income	2			1			3			4			1			5
Gain (loss) on disposition of assets, net	65			—			65			—			(3		)	(3		)
Other income, net	5			1			6			18			23			41
	6,065			681			6,746			5,808			705			6,513
Expenses:
Cost of goods sold	4,999			—			4,999			4,910			—			4,910
Other expenses from operations	—			311			311			—			317			317
Selling, general and administrative	601			238			839			646			272			918
Restructuring, net	13			—			13			11			—			11
Impairment	2			—			2			6			—			6
Interest expense	137			4			141			114			9			123
	5,752			553			6,305			5,687			598			6,285
Income from discontinued operations before income tax expense	313			128			441			121			107			228
Income tax expense	(69		)	(19		)	(88		)	(49		)	(48		)	(97		)
Income from discontinued operations	244			109			353			72			59			131
Less: income from discontinued operations attributable to non-controlling interests	7			17			24			8			18			26
Income from discontinued operations attributable to Icahn Enterprises	$	237		$	92		$	329		$	64		$	41		$	105

Supplemental information:
Capital expenditures⁽¹⁾	$	303		$	58		$	361		$	276		$	83		$	359
Depreciation and amortization⁽²⁾	$	100		$	19		$	119		$	294		$	54		$	348

⁽¹⁾ Capital expenditures in the tables above represents cash used in investing activities. In addition, non-cash capital expenditures included in accounts payable, accrued expenses and other liabilities for the nine months ended September 30, 2018 and 2017 aggregated $48 million and $63 million, respectively.

⁽²⁾Excludes amounts related to the amortization of deferred financing costs and debt discounts and premiums included in interest expense aggregating $1 million and $2 million for the three months ended September 30, 2018 and 2017, respectively, and $3 million and $5 million for the nine months ended September 30, 2018 and 2017, respectively.

Assets and liabilities held for sale consist of the following:



	September 30, 2018						December 31, 2017
	Automotive		Gaming		Total		Automotive		Gaming		Total
Assets Held For Sale	(in millions)
Cash and cash equivalents	$	272	$	98	$	370	$	315	$	103	$	418
Restricted cash	5		15		20		4		16		20
Investments	322		7		329		324		7		331
Accounts receivable, net	1,195		11		1,206		1,182		11		1,193
Inventories, net	1,461		—		1,461		1,456		—		1,456
Property, plant and equipment, net	2,642		814		3,456		2,545		792		3,337
Goodwill	934		—		934		941		—		941
Intangible assets, net	504		66		570		517		74		591
Other assets	429		82		511		394		93		487
Assets held for sale (discontinued operations)	$	7,764	$	1,093	$	8,857	$	7,678	$	1,096	$	8,774
Other assets held for sale					34						16
Total assets held for sale					$	8,891					$	8,790
Liabilities Held For Sale
Accounts payable, accrued expenses and other liabilities	$	1,756	$	129	$	1,885	$	1,718	$	142	$	1,860
Post-retirement benefit liability	1,015		—		1,015		1,075		—		1,075
Debt	3,035		63		3,098		3,130		137		3,267
Liabilities held for sale (discontinued operations)	$	5,806	$	192	$	5,998	$	5,923	$	279	$	6,202

Other assets held for sale in the table above primarily consists of property, plant and equipment, net for other operations not classified as discontinued operations.