XML 106 R92.htm IDEA: XBRL DOCUMENT v3.3.1.900
Income Taxes Narrative (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Income Tax Contingency [Line Items]        
Book basis of net assets $ 3,987 $ 5,443    
Book/tax basis difference (88) (1,566)    
Tax basis of net assets 3,899 3,877    
Current Income Tax Expense (Benefit) (72) (80) $ (39)  
Deferred Income Tax Expense (Benefit) 4 183 157  
Income tax benefit (expense) (68) 103 118  
Deferred tax assets, Property, pland and equipment 341 144    
Deferred tax asset, net operating loss 1,511 1,348    
deferred tax asset, Tax credits 133 149    
Deferred tax asset, Post-employment benefits, including pensions 347 388    
Deferred tax asset, Reoganization costs 5 11    
Deferred tax asset, Other 418 231    
Deferred Tax Assets, Gross 2,755 2,271    
Deferred Tax Assets, Valuation Allowance (1,444) (1,059)    
Deferred Tax Assets, Net of Valuation Allowance 1,311 1,212    
Deferred Tax Liabilities, Property, Plant and Equipment (354) (239)    
Deferred Tax Liabilities, Intangible Assets (163) (177)    
Deferred tax liability, Investment in partnerships (1,376) (1,349)    
Deferred tax liabilities, Investment in subsidiaries (307) (307)    
Deferred Tax Liabilities, Other (13) (6)    
Deferred Tax Liabilities, Gross (2,213) (2,078)    
deferred tax liabilities, net of deferred tax assets (902) (866)    
Deferred tax asset 295 389    
Deferred tax liability 1,197 1,255    
Changes in valuation allowance on deferred tax assets 385 157    
Cash and cash equivalents 2,078 2,908 3,257 $ 3,102
Income tax expense related to interest and penalties related to unrecognized tax benefits (4) (11) 8  
ARI [Member]        
Income Tax Contingency [Line Items]        
Undistributed Earnings of Foreign Subsidiaries 3 3    
American Entertainment Properties Corp. [Member]        
Income Tax Contingency [Line Items]        
Deferred Tax Assets, Valuation Allowance (61)      
Changes in valuation allowance on deferred tax assets 7 (3)    
Deferred tax asst for tax loss carryforwrds and credits, subject to expiration 1,500      
Icahn Enterprises Holdings [Member]        
Income Tax Contingency [Line Items]        
Book basis of net assets 4,011 5,446    
Book/tax basis difference (88) (1,545)    
Tax basis of net assets 3,923 3,901    
Income tax benefit (expense) (68) 103 118  
Deferred tax liability 1,197 1,255    
Cash and cash equivalents 2,078 2,908 3,257 $ 3,102
Federal-Mogul [Member]        
Income Tax Contingency [Line Items]        
Deferred Tax Assets, Valuation Allowance (801)      
Undistributed Earnings of Foreign Subsidiaries 879      
Cash and cash equivalents 194      
Deferred tax asst for tax loss carryforwrds and credits, subject to expiration 894      
Domestic deferred tax asst for tax loss carryforwards and credits, subject to expiration 495      
Tropicana [Member]        
Income Tax Contingency [Line Items]        
Deferred tax asst for tax loss carryforwrds and credits, subject to expiration 156      
Viskase [Member]        
Income Tax Contingency [Line Items]        
Changes in valuation allowance on deferred tax assets 55      
Undistributed Earnings of Foreign Subsidiaries 66      
Domestic deferred tax asst for tax loss carryforwards and credits, subject to expiration 93      
United Kingdom | Federal-Mogul [Member]        
Income Tax Contingency [Line Items]        
Foreign deferred tax asst for tax loss carryforwards and credits, subject to expiration 132      
Other foreign jurisdictions [Member] | Federal-Mogul [Member]        
Income Tax Contingency [Line Items]        
Foreign deferred tax asst for tax loss carryforwards and credits, subject to expiration 267      
Foreign Tax Authority [Member] | Viskase [Member]        
Income Tax Contingency [Line Items]        
Foreign deferred tax asst for tax loss carryforwards and credits, subject to expiration 16      
Foreign Tax Authority [Member]        
Income Tax Contingency [Line Items]        
Current Income Tax Expense (Benefit) (55) (35) (61)  
Deferred Income Tax Expense (Benefit) 19 (18) 11  
Domestic Tax Authority [Member]        
Income Tax Contingency [Line Items]        
Current Income Tax Expense (Benefit) (17) (45) 22  
Deferred Income Tax Expense (Benefit) (15) 201 146  
Mining Segment [Member]        
Income Tax Contingency [Line Items]        
Income tax benefit (expense) [1] 1      
Changes in valuation allowance on deferred tax assets 394      
Cash and cash equivalents 14      
Gaming Segment [Member]        
Income Tax Contingency [Line Items]        
Income tax benefit (expense) 27 147 (3)  
Changes in valuation allowance on deferred tax assets   193    
Cash and cash equivalents 217 196    
Valuation allowance, deferred tax asset, change in balance 196      
Energy Segment [Member]        
Income Tax Contingency [Line Items]        
Income tax benefit (expense) 59 73 195  
Cash and cash equivalents 765 754    
Energy Segment [Member] | Oklahoma | American Entertainment Properties Corp. [Member]        
Income Tax Contingency [Line Items]        
Domestic tax credits 26      
Food Packaging Segment [Member]        
Income Tax Contingency [Line Items]        
Income tax benefit (expense) 10 (3) 51  
Cash and cash equivalents 37 39    
Automotive Segment [Member]        
Income Tax Contingency [Line Items]        
Income tax benefit (expense) 50 (91) $ 180  
Changes in valuation allowance on deferred tax assets (16) (33)    
Cash and cash equivalents 201 332    
Cash and cash equivalents held by foreign subsidiaries 95      
Release of deferred tax allowance $ 18 $ 287    
Minimum [Member] | American Entertainment Properties Corp. [Member]        
Income Tax Contingency [Line Items]        
Operating Loss Carryforwards, Expiration Dates 2026      
Minimum [Member] | Tropicana [Member]        
Income Tax Contingency [Line Items]        
Operating Loss Carryforwards, Expiration Dates 2028      
Minimum [Member] | United States | Federal-Mogul [Member]        
Income Tax Contingency [Line Items]        
Operating Loss Carryforwards, Expiration Dates 2016      
Minimum [Member] | United States | Viskase [Member]        
Income Tax Contingency [Line Items]        
Operating Loss Carryforwards, Expiration Dates 2024      
Maximum [Member] | American Entertainment Properties Corp. [Member]        
Income Tax Contingency [Line Items]        
Operating Loss Carryforwards, Expiration Dates 2035      
Maximum [Member] | United States | Federal-Mogul [Member]        
Income Tax Contingency [Line Items]        
Operating Loss Carryforwards, Expiration Dates 2035      
[1] We consolidated Ferrous Resources effective June 1, 2015.