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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenues:        
Net sales $ 2,362 $ 2,684 $ 4,606 $ 5,442
Other revenues from operations 191 198 374 385
Net loss from investment activities (479) (500) (575) (943)
Interest and dividend income 122 167 265 338
Gain (loss) on disposition of assets, net 1 3 (5) 3
Other income, net 4 7 6 3
Total revenues 2,201 2,559 4,671 5,228
Expenses:        
Cost of goods sold 2,204 2,310 4,191 4,570
Other expenses from operations 154 160 307 318
Dividend expense 13 19 33 47
Selling, general and administrative 183 215 376 444
Restructuring, net 1   1  
Credit loss on related party note receivable   116   116
Loss on deconsolidation of subsidiary   20   246
Interest expense 128 136 264 278
Other loss, net 4 7 6 3
Total Expenses 2,683 2,976 5,172 6,019
Loss before income tax expense (482) (417) (501) (791)
Income tax (expense) benefit (4) (2) (11) 14
Net loss (486) (419) (512) (777)
Less: net loss attributable to non-controlling interests (155) (150) (143) (238)
Net loss attributable to Icahn Enterprises (331) (269) (369) (539)
Net loss attributable to Icahn Enterprises allocated to:        
Limited partners (325) (264) (362) (528)
General partner (6) (5) (7) (11)
Net Income (Loss) $ (331) $ (269) $ (369) $ (539)
Basic loss per LP unit:        
Basic loss per LP unit (in dollars per share) $ (0.72) $ (0.72) $ (0.82) $ (1.46)
Basic weighted average LP units outstanding (in shares) 450 367 440 361
Diluted loss per LP unit:        
Diluted loss per LP unit (in dollars per share) $ (0.72) $ (0.72) $ (0.82) $ (1.46)
Diluted weighted average LP units outstanding (in shares) 450 367 440 361
Distributions declared per LP unit (in dollars per share) $ 1.00 $ 2.00 $ 2.00 $ 4.00