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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Cash flows from operating activities:    
Net income (loss) $ 537.0 $ (1,442.0)
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Net (gain) loss from securities transactions (1,848.0) 2,054.0
Purchases of securities (1,784.0) (1,299.0)
Proceeds from sales of securities 2,236.0 1,387.0
Payments to cover securities sold, not yet purchased (2,313.0) (880.0)
Proceeds from securities sold, not yet purchased 2,957.0 1,299.0
Changes in receivables and payables relating to securities transactions (947.0) 308.0
Changes in derivative assets and liabilities 217.0 (2,827.0)
Depreciation and amortization 259.0 253.0
Deferred taxes 26.0 (8.0)
Other, net 31.0 83.0
Changes in other operating assets and liabilities 265.0 (66.0)
Net cash used in operating activities (364.0) (1,138.0)
Cash flows from investing activities:    
Capital expenditures (158.0) (115.0)
Turnaround expenditures (2.0) (147.0)
Acquisition of businesses, net of cash acquired (20.0) (1.0)
Purchases of investments   (254.0)
Proceeds from sale of investments 392.0  
Proceeds from disposition of businesses and assets 34.0 8.0
Other, net   3.0
Net cash provided by (used in) investing activities 246.0 (506.0)
Cash flows from financing activities:    
Investment segment contributions from non-controlling interests 46.0 1.0
Partnership contributions 373.0 26.0
Partnership distributions (57.0) (461.0)
Dividends and distributions to non-controlling interests in subsidiaries (70.0) (36.0)
Proceeds from Holding Company senior unsecured notes 1,214.0 866.0
Repayments of Holding Company senior unsecured notes (1,205.0) (1,350.0)
Proceeds from subsidiary borrowings 965.0 1,535.0
Repayments of subsidiary borrowings (971.0) (1,095.0)
Other, net (11.0) (18.0)
Net cash provided by financing activities 284.0 (532.0)
Effect of exchange rate changes on cash and cash equivalents and restricted cash and restricted cash equivalents 6.0 2.0
Net increase (decrease) in cash and cash equivalents and restricted cash and restricted cash equivalents 172.0 (2,174.0)
Cash and cash equivalents and restricted cash and restricted cash equivalents, beginning of period 3,291.0 4,945.0
Cash and cash equivalents and restricted cash and restricted cash equivalents, end of period 3,463.0 2,771.0
Icahn Enterprises Holdings    
Cash flows from operating activities:    
Net income (loss) 538.0 (1,442.0)
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Net (gain) loss from securities transactions (1,848.0) 2,054.0
Purchases of securities (1,784.0) (1,299.0)
Proceeds from sales of securities 2,236.0 1,387.0
Payments to cover securities sold, not yet purchased (2,313.0) (880.0)
Proceeds from securities sold, not yet purchased 2,957.0 1,299.0
Changes in receivables and payables relating to securities transactions (947.0) 308.0
Changes in derivative assets and liabilities 217.0 (2,827.0)
Depreciation and amortization 259.0 253.0
Deferred taxes 26.0 (8.0)
Other, net 30.0 83.0
Changes in other operating assets and liabilities 265.0 (66.0)
Net cash used in operating activities (364.0) (1,138.0)
Cash flows from investing activities:    
Capital expenditures (158.0) (115.0)
Turnaround expenditures (2.0) (147.0)
Acquisition of businesses, net of cash acquired (20.0) (1.0)
Purchases of investments   (254.0)
Proceeds from sale of investments 392.0  
Proceeds from disposition of businesses and assets 34.0 8.0
Other, net   3.0
Net cash provided by (used in) investing activities 246.0 (506.0)
Cash flows from financing activities:    
Investment segment contributions from non-controlling interests 46.0 1.0
Partnership contributions 373.0 26.0
Partnership distributions (57.0) (461.0)
Dividends and distributions to non-controlling interests in subsidiaries (70.0) (36.0)
Proceeds from Holding Company senior unsecured notes 1,214.0 866.0
Repayments of Holding Company senior unsecured notes (1,205.0) (1,350.0)
Proceeds from subsidiary borrowings 965.0 1,535.0
Repayments of subsidiary borrowings (971.0) (1,095.0)
Other, net (11.0) (18.0)
Net cash provided by financing activities 284.0 (532.0)
Effect of exchange rate changes on cash and cash equivalents and restricted cash and restricted cash equivalents 6.0 2.0
Net increase (decrease) in cash and cash equivalents and restricted cash and restricted cash equivalents 172.0 (2,174.0)
Cash and cash equivalents and restricted cash and restricted cash equivalents, beginning of period 3,291.0 4,945.0
Cash and cash equivalents and restricted cash and restricted cash equivalents, end of period $ 3,463.0 $ 2,771.0