XML 54 R44.htm IDEA: XBRL DOCUMENT v3.10.0.1
Basis of Presentation and Summary of Significant Accounting Policies (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Dec. 31, 2017
Organization, Consolidation and Presentation of Financial Statements [Line Items]          
Cumulative effect adjustment from adoption of accounting principle     $ (29) $ (47)  
Debt $ 7,907   7,907   $ 7,918
Fair value of long-term debt 8,100   8,100   8,200
Restricted cash 801   801   766
Accrued expenses and other liabilities 1,069   1,069   1,033
Deferred tax liability 787   787   924
Net sales 2,864 $ 2,404 8,220 7,107  
Cost of goods sold 2,406 2,054 7,007 6,174  
Accounts receivable, net 700   700   612
Total assets 30,975   30,975   31,801
Total liabilities 18,639   18,639   20,433
Cash held at consolidated affiliated partnerships          
Organization, Consolidation and Presentation of Financial Statements [Line Items]          
Restricted cash 64   64   192
Restricted cash          
Organization, Consolidation and Presentation of Financial Statements [Line Items]          
Restricted cash 737   737   574
Automotive Segment          
Organization, Consolidation and Presentation of Financial Statements [Line Items]          
Debt 359   359   340
Restricted cash 0   0   0
Deferred revenue 42   42   42
Deferred revenue, recognized 5   18    
Deferred revenue, noncurrent 36   36    
Net sales 600 604 1,760 1,702  
Cost of goods sold 373 396 1,119 1,125  
Accounts receivable, net 259   259   224
Total assets 3,164   3,164   3,011
Total liabilities 1,273   1,273   1,284
Energy Segment          
Organization, Consolidation and Presentation of Financial Statements [Line Items]          
Debt 1,168   1,168   1,166
Restricted cash 0   0   0
Deferred revenue 32   32   34
Deferred revenue, recognized 2   34    
Revenue, remaining performance obligation 12   12    
Revenue, current portion of remaining performance obligation 6   6    
Revenue, non-current portion of remaining performance obligation 3   3    
Net sales 1,935 1,454 5,386 4,395  
Cost of goods sold 1,742 1,357 4,948 4,191  
Accounts receivable, net 214   214   178
Total assets 4,852   4,852   4,700
Total liabilities 2,315   2,315   2,291
Railcar Segment          
Organization, Consolidation and Presentation of Financial Statements [Line Items]          
Debt 527   527   546
Restricted cash 19   19   19
Deferred revenue 2   2   2
Revenue, remaining performance obligation 963   963    
Revenue, current portion of remaining performance obligation 184   184    
Revenue, non-current portion of remaining performance obligation 779   779    
Unbilled revenue 7   7   4
Net sales 40 68 194 184  
Cost of goods sold 42 65 184 170  
Accounts receivable, net 40   40   44
Total assets 1,498   1,498   1,487
Total liabilities 822   822   808
Icahn Enterprises Holdings          
Organization, Consolidation and Presentation of Financial Statements [Line Items]          
Cumulative effect adjustment from adoption of accounting principle     $ (29) (47)  
Percentage of equity ownership in operating subsidiary     99.00%    
Debt 7,911   $ 7,911   7,923
Restricted cash 801   801   766
Accrued expenses and other liabilities 1,069   1,069   1,033
Deferred tax liability 787   787   924
Net sales 2,864 2,404 8,220 7,107  
Cost of goods sold 2,406 2,054 7,007 6,174  
Accounts receivable, net 700   700   612
Total assets 31,007   31,007   31,833
Total liabilities 18,643   18,643   20,438
Cash and cash equivalents | Icahn Enterprises Holdings          
Organization, Consolidation and Presentation of Financial Statements [Line Items]          
Assets of VIE's 460   460   223
Cash held at consolidated affiliated partnerships and restricted cash | Icahn Enterprises Holdings          
Organization, Consolidation and Presentation of Financial Statements [Line Items]          
Assets of VIE's 637   637   734
Investments | Icahn Enterprises Holdings          
Organization, Consolidation and Presentation of Financial Statements [Line Items]          
Assets of VIE's 8,794   8,794   9,615
Due from brokers | Icahn Enterprises Holdings          
Organization, Consolidation and Presentation of Financial Statements [Line Items]          
Assets of VIE's 338   338   506
Property, plant and equipment, net | Icahn Enterprises Holdings          
Organization, Consolidation and Presentation of Financial Statements [Line Items]          
Assets of VIE's 3,034   3,034   3,191
Inventories, net | Icahn Enterprises Holdings          
Organization, Consolidation and Presentation of Financial Statements [Line Items]          
Assets of VIE's 427   427   385
Intangible assets, net | Icahn Enterprises Holdings          
Organization, Consolidation and Presentation of Financial Statements [Line Items]          
Assets of VIE's 283   283   298
Other assets | Icahn Enterprises Holdings          
Organization, Consolidation and Presentation of Financial Statements [Line Items]          
Assets of VIE's 381   381   226
Accounts payable, accrued expenses and other liabilities | Icahn Enterprises Holdings          
Organization, Consolidation and Presentation of Financial Statements [Line Items]          
Liabilities of VIE's 1,656   1,656   1,816
Securities sold, not yet purchased, at fair value | Icahn Enterprises Holdings          
Organization, Consolidation and Presentation of Financial Statements [Line Items]          
Liabilities of VIE's 625   625   1,023
Due to brokers | Icahn Enterprises Holdings          
Organization, Consolidation and Presentation of Financial Statements [Line Items]          
Liabilities of VIE's 243   243   1,057
Debt | Icahn Enterprises Holdings          
Organization, Consolidation and Presentation of Financial Statements [Line Items]          
Liabilities of VIE's 1,168   1,168   $ 1,166
Selling, general and administrative          
Organization, Consolidation and Presentation of Financial Statements [Line Items]          
Prior period reclassification adjustment   (1)   (3)  
Other income (loss), net          
Organization, Consolidation and Presentation of Financial Statements [Line Items]          
Prior period reclassification adjustment   (1)   (3)  
Net cash provided by operating activities          
Organization, Consolidation and Presentation of Financial Statements [Line Items]          
Prior period reclassification adjustment       195  
Difference between Revenue Guidance in Effect before and after adoption          
Organization, Consolidation and Presentation of Financial Statements [Line Items]          
Total assets 32   32    
Difference between Revenue Guidance in Effect before and after adoption | Automotive Segment          
Organization, Consolidation and Presentation of Financial Statements [Line Items]          
Net sales 15 14 47 50  
Cost of goods sold 15 $ 14 47 $ 50  
Accounts receivable, net 21   21    
Total liabilities (29)   (29)    
Difference between Revenue Guidance in Effect before and after adoption | Energy Segment          
Organization, Consolidation and Presentation of Financial Statements [Line Items]          
Accrued expenses and other liabilities (21)   (21)    
Extended warranties | Difference between Revenue Guidance in Effect before and after adoption | Automotive Segment          
Organization, Consolidation and Presentation of Financial Statements [Line Items]          
Accrued expenses and other liabilities (42)   (42)    
Deferred tax liability $ 10   $ 10