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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Revenues:        
Net sales $ 2,612.0 $ 1,326.0 $ 4,830.0 $ 3,187.0
Other revenues from operations 164.0 136.0 316.0 297.0
Net gain (loss) from investment activities 206.0 1,235.0 1,212.0 (893.0)
Interest and dividend income 34.0 26.0 60.0 89.0
Other loss, net (28.0) (14.0) (46.0) (31.0)
Total Revenues 2,988.0 2,709.0 6,372.0 2,649.0
Expenses:        
Cost of goods sold 2,398.0 1,135.0 4,537.0 2,944.0
Other expenses from operations 126.0 108.0 244.0 243.0
Selling, general and administrative 304.0 290.0 620.0 598.0
Restructuring, net 5.0 5.0 5.0 7.0
Impairment 0.0 5.0 0.0 5.0
Interest expense 158.0 174.0 353.0 346.0
Total Expenses 2,991.0 1,717.0 5,759.0 4,143.0
(Loss) income before income tax (expense) benefit (3.0) 992.0 613.0 (1,494.0)
Income tax (expense) benefit (59.0) (128.0) (76.0) 52.0
Net (loss) income (62.0) 864.0 537.0 (1,442.0)
Less: net income (loss) attributable to non-controlling interests 74.0 565.0 511.0 (357.0)
Net (loss) income attributable to Icahn Enterprises (136.0) 299.0 26.0 (1,085.0)
Net (loss) income attributable to Icahn Enterprises allocated to:        
Limited partners (134.0) 293.0 25.0 (1,063.0)
General partner (2.0) 6.0 1.0 (22.0)
Net (loss) income attributable to Icahn Enterprises $ (136.0) $ 299.0 $ 26.0 $ (1,085.0)
Basic and diluted (loss) income per LP unit:        
Basic and diluted (loss) income per LP unit $ (0.53) $ 1.36 $ 0.10 $ (4.97)
Basic and diluted weighted average LP units outstanding 251 215 247 214
Cash distributions declared per LP unit $ 2.00 $ 2.00 $ 4.00 $ 4.00
Icahn Enterprises Holdings        
Revenues:        
Net sales $ 2,612.0 $ 1,326.0 $ 4,830.0 $ 3,187.0
Other revenues from operations 164.0 136.0 316.0 297.0
Net gain (loss) from investment activities 206.0 1,235.0 1,212.0 (893.0)
Interest and dividend income 34.0 26.0 60.0 89.0
Other loss, net (27.0) (14.0) (45.0) (31.0)
Total Revenues 2,989.0 2,709.0 6,373.0 2,649.0
Expenses:        
Cost of goods sold 2,398.0 1,135.0 4,537.0 2,944.0
Other expenses from operations 126.0 108.0 244.0 243.0
Selling, general and administrative 304.0 290.0 620.0 598.0
Restructuring, net 5.0 5.0 5.0 7.0
Impairment   5.0   5.0
Interest expense 158.0 174.0 353.0 346.0
Total Expenses 2,991.0 1,717.0 5,759.0 4,143.0
(Loss) income before income tax (expense) benefit (2.0) 992.0 614.0 (1,494.0)
Income tax (expense) benefit (59.0) (128.0) (76.0) 52.0
Net (loss) income (61.0) 864.0 538.0 (1,442.0)
Less: net income (loss) attributable to non-controlling interests 74.0 565.0 511.0 (357.0)
Net (loss) income attributable to Icahn Enterprises (135.0) 299.0 27.0 (1,085.0)
Net (loss) income attributable to Icahn Enterprises allocated to:        
Limited partners (133.0) 296.0 27.0 (1,074.0)
General partner (2.0) 3.0   (11.0)
Net (loss) income attributable to Icahn Enterprises $ (135.0) $ 299.0 $ 27.0 $ (1,085.0)