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v3.19.3

Discontinued Operations (Notes) | 9 Months Ended
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Sep. 30, 2019
Discontinued Operations and Disposal Groups [Abstract] |
Discontinued Operations | Discontinued Operations. Income from discontinued operations is summarized as follows:
| Three Months Ended September 30, 2018
| Federal-Mogul |  | Tropicana |  | ARI |  | Total
Revenues: |
Net sales | $ | 1,890 |  |  | $ | — |  |  | $ | 40 |  |  | $ | 1,930 |
Other revenues from operations | — |  |  | 233 |  |  | 60 |  |  | 293 |
Interest and dividend income | 1 |  |  | — |  |  | — |  |  | 1 |
Gain on disposition of assets, net | 65 |  |  | — |  |  | — |  |  | 65 |
Other (loss) income, net | (4 | ) |  | 2 |  |  | 11 |  |  | 9 |
| 1,952 |  |  | 235 |  |  | 111 |  |  | 2,298 |
Expenses: |  |  |  |  |  |  |
Cost of goods sold | 1,562 |  |  | — |  |  | 42 |  |  | 1,604 |
Other expenses from operations | — |  |  | 105 |  |  | 36 |  |  | 141 |
Selling, general and administrative | 185 |  |  | 78 |  |  | 11 |  |  | 274 |
Restructuring, net | 15 |  |  | — |  |  | — |  |  | 15 |
Impairment | — |  |  | — |  |  | — |  |  | — |
Interest expense | 45 |  |  | 1 |  |  | 5 |  |  | 51 |
| 1,807 |  |  | 184 |  |  | 94 |  |  | 2,085 |
Income from discontinued operations before income tax expense | 145 |  |  | 51 |  |  | 17 |  |  | 213 |
Income tax expense | (28 | ) |  | (5 | ) |  | (4 | ) |  | (37 | )
Income from discontinued operations | 117 |  |  | 46 |  |  | 13 |  |  | 176 |
Less: income from discontinued operations attributable to non-controlling interests | 1 |  |  | 7 |  |  | 5 |  |  | 13 |
Income from discontinued operations attributable to Icahn Enterprises | $ | 116 |  |  | $ | 39 |  |  | $ | 8 |  |  | $ | 163 |
Supplemental information: |  |  |  |  |  |  |
Capital expenditures | $ | 88 |  |  | $ | 17 |  |  | $ | 57 |  |  | $ | 162 |
Depreciation and amortization | $ | — |  |  | $ | — |  |  | $ | 15 |  |  | $ | 15 |
| Nine Months Ended September 30, 2018
| Federal-Mogul |  | Tropicana |  | ARI |  | Total
Revenues: |
Net sales | $ | 5,993 |  |  | $ | — |  |  | $ | 194 |  |  | $ | 6,187 |
Other revenues from operations | — |  |  | 679 |  |  | 169 |  |  | 848 |
Interest and dividend income | 2 |  |  | 1 |  |  | 1 |  |  | 4 |
Gain on disposition of assets, net | 65 |  |  | — |  |  | — |  |  | 65 |
Other income, net | 5 |  |  | 1 |  |  | 13 |  |  | 19 |
| 6,065 |  |  | 681 |  |  | 377 |  |  | 7,123 |
Expenses: |  |  |  |  |  |  |
Cost of goods sold | 4,999 |  |  | — |  |  | 184 |  |  | 5,183 |
Other expenses from operations | — |  |  | 311 |  |  | 96 |  |  | 407 |
Selling, general and administrative | 601 |  |  | 238 |  |  | 30 |  |  | 869 |
Restructuring, net | 13 |  |  | — |  |  | — |  |  | 13 |
Impairment | 2 |  |  | — |  |  | 4 |  |  | 6 |
Interest expense | 137 |  |  | 4 |  |  | 16 |  |  | 157 |
| 5,752 |  |  | 553 |  |  | 330 |  |  | 6,635 |
Income from discontinued operations before income tax expense | 313 |  |  | 128 |  |  | 47 |  |  | 488 |
Income tax expense | (69 | ) |  | (19 | ) |  | (12 | ) |  | (100 | )
Income from discontinued operations | 244 |  |  | 109 |  |  | 35 |  |  | 388 |
Less: income from discontinued operations attributable to non-controlling interests | 7 |  |  | 17 |  |  | 13 |  |  | 37 |
Income from discontinued operations attributable to Icahn Enterprises | $ | 237 |  |  | $ | 92 |  |  | $ | 22 |  |  | $ | 351 |
Supplemental information: |  |  |  |  |  |  |
Capital expenditures | $ | 303 |  |  | $ | 58 |  |  | $ | 81 |  |  | $ | 442 |
Depreciation and amortization | $ | 100 |  |  | $ | 19 |  |  | $ | 46 |  |  | $ | 165 |

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- Definition The entire disclosure related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -URI http://asc.fasb.org/topic&trid=2155823 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -URI http://asc.fasb.org/subtopic&trid=2122178 + Details
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