Segment and Geographic Reporting (Tables)

12 Months Ended

Dec. 31, 2015

Segment Reporting Information [Line Items]

Schedule of Condensed Income Statement by Segment

Icahn Enterprises' condensed statements of operations by reporting segment for the years ended December 31, 2015, 2014 and 2013 are presented below:

	Year Ended December 31, 2015
	Investment			Automotive			Energy			Metals			Railcar			Gaming			Mining(1)			Food Packaging			Real Estate		Home Fashion			Holding Company			Consolidated
	(in millions)
Revenues:
Net sales	$	—		$	7,789		$	5,433		$	361		$	440		$	—		$	30		$	344		$	14	$	193		$	—		$	14,604
Other revenues from operations	—			—			—			—			499			811			—			—			76		—			—			1,386
Net (loss) gain from investment activities	(1,041		)	—			36			—			—			—			—			—			—		—			18			(987		)
Interest and dividend income	178			6			2			—			2			1			1			—			—		—			4			194
Other (loss) income, net	(2		)	58			(29		)	4			7			(1		)	(3		)	(7		)	41		1			6			75
	(865		)	7,853			5,442			365			948			811			28			337			131		194			28			15,272
Expenses:
Cost of goods sold	—			6,577			4,949			406			338			—			38			263			7		163			—			12,741
Other expenses from operations	—			—			—			—			201			396			—			—			46		—			—			643
Selling, general and administrative	237			1,001			127			20			45			338			12			50			13		34			31			1,908
Restructuring	—			89			—			2			—			—			—			5			—		1			—			97
Impairment	—			344			253			20			—			—			169			—			2		—			—			788
Interest expense	563			144			47			—			82			12			3			12			2		—			289			1,154
	800			8,155			5,376			448			666			746			222			330			70		198			320			17,331
(Loss) income before income tax benefit (expense) benefit	(1,665		)	(302		)	66			(83		)	282			65			(194		)	7			61		(4		)	(292		)	(2,059		)
Income tax (expense) benefit	—			(50		)	(59		)	32			(69		)	(27		)	(1		)	(10		)	—		—			116			(68		)
Net (loss) income	(1,665		)	(352		)	7			(51		)	213			38			(195		)	(3		)	61		(4		)	(176		)	(2,127		)
Less: net loss (income) attributable to non-controlling interests	905			53			18			—			(76		)	(12		)	45			—			—		—			—			933
Net (loss) income attributable to Icahn Enterprises	$	(760	)	$	(299	)	$	25		$	(51	)	$	137		$	26		$	(150	)	$	(3	)	$	61	$	(4	)	$	(176	)	$	(1,194	)
Supplemental information:
Capital expenditures	$	—		$	449		$	219		$	24		$	522		$	94		$	20		$	22		$	3	$	6		$	—		$	1,359
Depreciation and amortization(2)	$	—		$	346		$	229		$	29		$	127		$	63		$	8		$	19		$	21	$	7		$	—		$	849

	Year Ended December 31, 2014
	Investment			Automotive			Energy			Metals			Railcar			Gaming			Food Packaging			Real Estate		Home Fashion			Holding Company			Consolidated
	(in millions)
Revenues:
Net sales	$	—		$	7,317		$	9,109		$	711		$	379		$	—		$	365		$	15	$	176		$	—		$	18,072
Other revenues from operations	—			—			—			—			411			759			—			80		—			—			1,250
Net gain (loss) from investment activities	(421		)	—			(6		)	—			—			—			—			—		—			(137		)	(564		)
Interest and dividend income	202			5			3			—			3			2			—			—		—			2			217
Other income (loss), net	1			2			186			—			16			88			(19		)	6		5			(103		)	182
	(218		)	7,324			9,292			711			809			849			346			101		181			(238		)	19,157
Expenses:
Cost of goods sold	—			6,260			8,774			728			288			—			275			8		152			—			16,485
Other expenses from operations	—			—			—			—			175			387			—			51		—			—			613
Selling, general and administrative	167			825			136			23			42			327			45			12		29			19			1,625
Restructuring	—			86			—			—			—			—			—			—		(2		)	—			84
Impairment	—			24			103			3			—			—			—			5		—			—			135
Interest expense	299			128			38			—			60			13			14			3		—			292			847
	466			7,323			9,051			754			565			727			334			79		179			311			19,789
Income (loss) before income tax benefit (expense)	(684		)	1			241			(43		)	244			122			12			22		2			(549		)	(632		)
Income tax benefit (expense)	—			(91		)	(73		)	18			(56		)	147			(3		)	—		—			161			103
Net income (loss)	(684		)	(90		)	168			(25		)	188			269			9			22		2			(388		)	(529		)
Less: net income attributable to non-controlling interests	379			3			(73		)	—			(66		)	(84		)	(3		)	—		—			—			156
Net income (loss) attributable to Icahn Enterprises	$	(305	)	$	(87	)	$	95		$	(25	)	$	122		$	185		$	6		$	22	$	2		$	(388	)	$	(373	)
Supplemental information:
Capital expenditures	$	—		$	418		$	218		$	41		$	626		$	81		$	23		$	1	$	3		$	—		$	1,411
Depreciation and amortization(2)	$	—		$	336		$	219		$	26		$	106		$	50		$	22		$	22	$	7		$	—		$	788

	Year Ended December 31, 2013
	Investment			Automotive			Energy			Metals			Railcar			Gaming			Food Packaging			Real Estate		Home Fashion			Holding Company			Consolidated
	(in millions)
Revenues:
Net sales	$	—		$	6,905		$	8,986		$	929		$	408		$	—		$	371		$	2	$	184		$	—		$	17,785
Other revenues from operations	—			—			—			—			331			575			—			82		—			—			988
Net gain from investment activities	1,850			—			—			—			2			—			—			—		—			(158		)	1,694
Interest and dividend income	178			3			1			—			9			1			—			—		—			2			194
Other (loss) income, net	3			(32		)	76			—			(6		)	(5		)	(25		)	1		3			6			21
	2,031			6,876			9,063			929			744			571			346			85		187			(150		)	20,682
Expenses:
Cost of goods sold	—			5,885			8,204			948			326			—			285			—		161			—			15,809
Other expenses from operations	—			—			—			—			160			294			—			50		—			—			504
Selling, general and administrative	119			749			137			27			39			238			47			12		31			18			1,417
Restructuring	—			40			—			—			—			—			—			—		10			—			50
Impairment	—			8			—			2			—			3			—			2		1			—			16
Interest expense	10			111			48			—			49			14			22			4		—			302			560
	129			6,793			8,389			977			574			549			354			68		203			320			18,356
Income (loss) before income tax benefit (expense)	1,902			83			674			(48		)	170			22			(8		)	17		(16		)	(470		)	2,326
Income tax benefit (expense)	—			180			(195		)	20			(31		)	(3		)	51			—		—			96			118
Net income (loss)	1,902			263			479			(28		)	139			19			43			17		(16		)	(374		)	2,444
Less: net (income) loss attributable to non-controlling interests	(1,090		)	(13		)	(190		)	—			(109		)	(6		)	(11		)	—		—			—			(1,419		)
Net income (loss) attributable to Icahn Enterprises	$	812		$	250		$	289		$	(28	)	$	30		$	13		$	32		$	17	$	(16	)	$	(374	)	$	1,025
Supplemental information:
Capital expenditures	$	—		$	380		$	256		$	15		$	424		$	57		$	20		$	2	$	7		$	—		$	1,161
Depreciation and amortization(2)	$	—		$	296		$	208		$	26		$	92		$	34		$	21		$	23	$	8		$	—		$	708

⁽¹⁾  We consolidated Ferrous Resources effective June 1, 2015.

⁽²⁾  Excludes amounts related to the amortization of deferred financing costs and debt discounts and premiums included in interest expense in the consolidated amounts of $14 million, $22 million and $34 million for the years ended December 31, 2015, 2014 and 2013, respectively.

Schedule of Condensed Financial Statements by Segment

Icahn Enterprises' condensed balance sheets by reporting segment as of December 31, 2015 and 2014 are presented below:

	December 31, 2015
	Investment		Automotive		Energy		Metals		Railcar			Gaming		Mining		Food Packaging		Real Estate		Home Fashion		Holding Company			Consolidated
	(in millions)
ASSETS
Cash and cash equivalents	$	10	$	201	$	765	$	12	$	623		$	217	$	14	$	37	$	19	$	14	$	166		$	2,078
Cash held at consolidated affiliated partnerships and restricted cash	1,199		—		—		4		53			14		—		1		2		6		3			1,282
Investments	14,553		296		—		—		27			26		—		—		—		—		449			15,351
Accounts receivable, net	—		1,418		96		26		36			9		4		60		2		34		—			1,685
Inventories, net	—		1,656		290		39		97			—		32		77		—		68		—			2,259
Property, plant and equipment, net	—		2,386		2,698		116		2,767			740		134		152		467		72		3			9,535
Goodwill and intangible assets, net	—		1,556		911		5		7			74		—		8		48		3		—			2,612
Other assets	378		440		134		13		84			204		19		84		163		9		112			1,640
Total assets	$	16,140	$	7,953	$	4,894	$	215	$	3,694		$	1,284	$	203	$	419	$	701	$	206	$	733		$	36,442
LIABILITIES AND EQUITY
Accounts payable, accrued expenses and other liabilities	$	488	$	2,061	$	1,366	$	30	$	299		$	118	$	30	$	62	$	17	$	30	$	(60	)	$	4,441
Securities sold, not yet purchased, at fair value	794		—		—		—		—			—		—		—		—		—		—			794
Due to brokers	7,317		—		—		—		—			—		—		—		—		—		—			7,317
Post-employment benefit liability	—		1,163		—		2		8			—		—		51		—		—		—			1,224
Debt	—		3,145		673		1		2,684			292		50		270		28		—		5,490			12,633
Total liabilities	8,599		6,369		2,039		33		2,991			410		80		383		45		30		5,430			26,409
Equity attributable to Icahn Enterprises	3,428		1,270		1,508		182		742			604		95		23		656		176		(4,697		)	3,987
Equity attributable to non-controlling interests	4,113		314		1,347		—		(39		)	270		28		13		—		—		—			6,046
Total equity	7,541		1,584		2,855		182		703			874		123		36		656		176		(4,697		)	10,033
Total liabilities and equity	$	16,140	$	7,953	$	4,894	$	215	$	3,694		$	1,284	$	203	$	419	$	701	$	206	$	733		$	36,442

	December 31, 2014
	Investment		Automotive		Energy		Metals		Railcar			Gaming		Food Packaging		Real Estate		Home Fashion		Holding Company			Consolidated
	(in millions)
ASSETS
Cash and cash equivalents	$	2	$	332	$	754	$	19	$	408		$	196	$	39	$	24	$	11	$	1,123		$	2,908
Cash held at consolidated affiliated partnerships and restricted cash	1,366		—		—		4		39			16		1		2		8		3			1,439
Investments	13,941		269		77		—		29			33		—		—		—		131			14,480
Accounts receivable, net	—		1,356		137		51		41			9		63		4		30		—			1,691
Inventories, net	—		1,215		330		67		117			—		77		—		73		—			1,879
Property, plant and equipment, net	—		2,160		2,692		144		2,376			719		154		490		74		3			8,812
Goodwill and intangible assets, net	—		1,744		1,184		8		7			75		9		58		3		—			3,088
Other assets	161		453		160		22		103			212		93		167		9		113			1,493
Total assets	$	15,470	$	7,529	$	5,334	$	315	$	3,120		$	1,260	$	436	$	745	$	208	$	1,373		$	35,790
LIABILITIES AND EQUITY
Accounts payable, accrued expenses and other liabilities	$	877	$	1,933	$	1,471	$	60	$	294		$	130	$	64	$	20	$	28	$	13		$	4,890
Securities sold, not yet purchased, at fair value	334		—		—		—		—			—		—		—		—		—			334
Due to brokers	5,197		—		—		—		—			—		—		—		—		—			5,197
Post-employment benefit liability	—		1,328		—		2		9			—		52		—		—		—			1,391
Debt	—		2,690		675		3		2,133			295		274		32		—		5,486			11,588
Total liabilities	6,408		5,951		2,146		65		2,436			425		390		52		28		5,499			23,400
Equity attributable to Icahn Enterprises	4,284		1,231		1,612		250		711			578		30		693		180		(4,126		)	5,443
Equity attributable to non-controlling interests	4,778		347		1,576		—		(27		)	257		16		—		—		—			6,947
Total equity	9,062		1,578		3,188		250		684			835		46		693		180		(4,126		)	12,390
Total liabilities and equity	$	15,470	$	7,529	$	5,334	$	315	$	3,120		$	1,260	$	436	$	745	$	208	$	1,373		$	35,790

Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas [Table Text Block]

The following table presents our segments' geographic net sales from external customers, other revenues from operations and property, plant and equipment, net for the periods indicated:

	Net Sales						Other Revenues From Operations						Property, Plant and Equipment, Net
	Year Ended December 31,						Year Ended December 31,						December 31,
	2015		2014		2013		2015		2014		2013		2015		2014
	(in millions)
United States	$	9,672	$	13,086	$	13,171	$	1,304	$	1,169	$	937	$	7,221	$	6,760
Germany	1,480		1,507		1,339		—		—		—		464		423
Other	3,452		3,479		3,275		82		81		51		1,850		1,629
	$	14,604	$	18,072	$	17,785	$	1,386	$	1,250	$	988	$	9,535	$	8,812

Icahn Enterprises Holdings [Member]

Segment Reporting Information [Line Items]

Schedule of Segment Reporting Information, by Segment [Table Text Block]

Icahn Enterprises Holdings

Due to the structure of our business, the consolidated results of operations for Icahn Enterprises and Icahn Enterprises Holdings are substantially the same. Differences primarily relate to non-cash portions of interest expense, and are only reflected in the results of operations for our Holding Company. See Note 10, "Debt," for additional information. Segment information for Icahn Enterprises Holdings is presented below for significant financial statement line items affected by these differences.

	Year Ended December 31,																								December 31,
	2015								2014								2013								2015		2014
	Interest Expense		Net (Loss) Income			Net (Loss) Income Attributable to Icahn Enterprises Holdings			Interest Expense		Net (Loss) Income			Net (Loss) Income Attributable to Icahn Enterprises Holdings			Interest Expense		Net Income (Loss)			Net Income (Loss) Attributable to Icahn Enterprises Holdings			Total Assets		Total Assets
	(in millions)																								(in millions)
Investment	$	563	$	(1,665	)	$	(760	)	$	299	$	(684	)	$	(305	)	$	10	$	1,902		$	812		$	16,140	$	15,470
Automotive	144		(352		)	(299		)	128		(90		)	(87		)	111		263			250			7,953		7,529
Energy	47		7			25			38		168			95			48		479			289			4,894		5,334
Metals	—		(51		)	(51		)	—		(25		)	(25		)	—		(28		)	(28		)	215		315
Railcar	82		213			137			60		188			122			49		139			30			3,694		3,120
Gaming	12		38			26			13		269			185			14		19			13			1,284		1,260
Mining(1)	3		(195		)	(150		)	—		—			—			—		—			—			203		—
Food Packaging	12		(3		)	(3		)	14		9			6			22		43			32			419		436
Real Estate	2		61			61			3		22			22			4		17			17			701		745
Home Fashion	—		(4		)	(4		)	—		2			2			—		(16		)	(16		)	206		208
Holding Company	288		(175		)	(175		)	291		(387		)	(387		)	302		(374		)	(374		)	757		1,396
Consolidated	$	1,153	$	(2,126	)	$	(1,193	)	$	846	$	(528	)	$	(372	)	$	560	$	2,444		$	1,025		$	36,466	$	35,813