XML 92 R78.htm IDEA: XBRL DOCUMENT v3.20.4
Segment Reporting, Income Statements (Details) - USD ($)
$ in Millions
1 Months Ended 12 Months Ended
Aug. 31, 2018
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Net sales/Other revenue from operations   $ 6,815 $ 9,722 $ 10,576
Other revenues from operations   608 666 647
Net (loss) gain from investment activities   (1,421) (1,931) 322
Interest and dividend income   169 265 148
(Loss) gain on disposition of assets, net   (17) 253 84
Other income (loss), net   (31) 19  
Total revenues   6,123 8,994 11,777
Cost of goods sold/Other expenses from operations   6,320 8,205 8,993
Other expenses from operations   487 528 538
Selling, general and administrative   1,191 1,375 1,386
Restructuring, net   10 18 21
Impairment   11 2 92
Interest expense   688 605 524
Total Expenses   8,707 10,733 11,554
Income (loss) from continuing operations before income tax (expense) benefit   (2,584) (1,739) 223
Income tax benefit (expense)   116 (20) 14
Net income (loss) from continuing operations   (2,468) (1,759) 237
Less: net income (loss) from continuing operations attributable to non-controlling interests   (815) (693) 475
Net income (loss) from continuing operations attributable to Icahn Enterprises   (1,653) (1,066) (238)
Capital expenditures   199 250 272
Depreciation and amortization   510 519 508
Investment Segment        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Net sales/Other revenue from operations   0    
Other revenues from operations   0    
Net (loss) gain from investment activities   (1,368) (1,599) 635
Interest and dividend income   136 190 104
(Loss) gain on disposition of assets, net   0    
Other income (loss), net   (17) (5) (2)
Total revenues   (1,249) (1,414) 737
Cost of goods sold/Other expenses from operations   0    
Other expenses from operations   0    
Selling, general and administrative   2 23 12
Restructuring, net   0    
Impairment   0    
Interest expense   196 106 46
Total Expenses   198 129 58
Income (loss) from continuing operations before income tax (expense) benefit   (1,447) (1,543) 679
Income tax benefit (expense)   0    
Net income (loss) from continuing operations   (1,447) (1,543) 679
Less: net income (loss) from continuing operations attributable to non-controlling interests   (682) (768) 360
Net income (loss) from continuing operations attributable to Icahn Enterprises   (765) (775) 319
Capital expenditures   0    
Depreciation and amortization   0    
Energy Segment        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Net sales/Other revenue from operations   3,930 6,364 7,124
Other revenues from operations   0    
Net (loss) gain from investment activities   34    
Interest and dividend income   10 4 2
(Loss) gain on disposition of assets, net   (7) 4 (6)
Other income (loss), net   (1) 13 15
Total revenues   3,966 6,385 7,135
Cost of goods sold/Other expenses from operations   4,164 5,707 6,508
Other expenses from operations   0    
Selling, general and administrative   116 146 138
Restructuring, net   0   5
Impairment   0    
Interest expense   125 106 104
Total Expenses   4,405 5,959 6,755
Income (loss) from continuing operations before income tax (expense) benefit   (439) 426 380
Income tax benefit (expense)   112 (112) (46)
Net income (loss) from continuing operations   (327) 314 334
Less: net income (loss) from continuing operations attributable to non-controlling interests   (133) 68 121
Net income (loss) from continuing operations attributable to Icahn Enterprises   (194) 246 213
Capital expenditures   124 121 102
Depreciation and amortization   343 352 339
Automotive Segment        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Net sales/Other revenue from operations   1,929 2,293 2,295
Other revenues from operations   549 591 563
Net (loss) gain from investment activities   0    
Interest and dividend income   0    
(Loss) gain on disposition of assets, net   (6) (4) (1)
Other income (loss), net   (7) 15 (1)
Total revenues   2,465 2,895 2,856
Cost of goods sold/Other expenses from operations   1,344 1,615 1,493
Other expenses from operations   449 474 483
Selling, general and administrative   904 1,032 1,051
Restructuring, net   8 6 5
Impairment   0   90
Interest expense   12 20 16
Total Expenses   2,717 3,147 3,138
Income (loss) from continuing operations before income tax (expense) benefit   (252) (252) (282)
Income tax benefit (expense)   54 55 52
Net income (loss) from continuing operations   (198) (197) (230)
Less: net income (loss) from continuing operations attributable to non-controlling interests   0    
Net income (loss) from continuing operations attributable to Icahn Enterprises   (198) (197) (230)
Capital expenditures   35 47 66
Depreciation and amortization   95 98 92
Food Packaging Segment        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Net sales/Other revenue from operations   409 385 395
Other revenues from operations   0    
Net (loss) gain from investment activities   0    
Interest and dividend income   0   1
(Loss) gain on disposition of assets, net   0    
Other income (loss), net   (6) (8) (17)
Total revenues   403 377 379
Cost of goods sold/Other expenses from operations   327 312 316
Other expenses from operations   0    
Selling, general and administrative   52 55 57
Restructuring, net   1 8 9
Impairment   0 1  
Interest expense   11 17 16
Total Expenses   391 393 398
Income (loss) from continuing operations before income tax (expense) benefit   12 (16) (19)
Income tax benefit (expense)   (8) (6) 4
Net income (loss) from continuing operations   4 (22) (15)
Less: net income (loss) from continuing operations attributable to non-controlling interests   0 (5) (3)
Net income (loss) from continuing operations attributable to Icahn Enterprises   4 (17) (12)
Capital expenditures   19 17 25
Depreciation and amortization   27 26 26
Metals Segment        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Net sales/Other revenue from operations   313 340 466
Other revenues from operations   0    
Net (loss) gain from investment activities   0    
Interest and dividend income   0    
(Loss) gain on disposition of assets, net   1 1  
Other income (loss), net   3   1
Total revenues   317 341 467
Cost of goods sold/Other expenses from operations   298 343 441
Other expenses from operations   0    
Selling, general and administrative   16 15 19
Restructuring, net   1 3  
Impairment   1 1 1
Interest expense   1 1  
Total Expenses   317 363 461
Income (loss) from continuing operations before income tax (expense) benefit   0 (22) 6
Income tax benefit (expense)   0   (1)
Net income (loss) from continuing operations   0 (22) 5
Less: net income (loss) from continuing operations attributable to non-controlling interests   0    
Net income (loss) from continuing operations attributable to Icahn Enterprises   0 (22) 5
Capital expenditures   3 24 21
Depreciation and amortization   18 19 18
Real Estate Segment        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Net sales/Other revenue from operations   43 23 22
Other revenues from operations   59 75 84
Interest and dividend income   1 1 16
(Loss) gain on disposition of assets, net $ 89 (5)   89
Other income (loss), net     4 1
Total revenues   98 103 212
Cost of goods sold/Other expenses from operations   35 18 18
Other expenses from operations   38 54 54
Selling, general and administrative   34 21 22
Impairment   7    
Interest expense       1
Total Expenses   114 93 95
Income (loss) from continuing operations before income tax (expense) benefit   (16) 10 117
Income tax benefit (expense)     6 (5)
Net income (loss) from continuing operations   (16) 16 112
Net income (loss) from continuing operations attributable to Icahn Enterprises   (16) 16 112
Capital expenditures   11 22 13
Depreciation and amortization   17 17 19
Home Fashion Segment        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Net sales/Other revenue from operations   188 187 171
Other revenues from operations   0    
Net (loss) gain from investment activities   0    
Interest and dividend income   0    
(Loss) gain on disposition of assets, net   0    
Other income (loss), net   2 (1)  
Total revenues   190 186 171
Cost of goods sold/Other expenses from operations   150 159 144
Other expenses from operations   0    
Selling, general and administrative   43 42 34
Restructuring, net   0 1 2
Impairment   3   1
Interest expense   1 1 1
Total Expenses   197 203 182
Income (loss) from continuing operations before income tax (expense) benefit   (7) (17) (11)
Income tax benefit (expense)   0    
Net income (loss) from continuing operations   (7) (17) (11)
Less: net income (loss) from continuing operations attributable to non-controlling interests   0    
Net income (loss) from continuing operations attributable to Icahn Enterprises   (7) (17) (11)
Capital expenditures   5 5 5
Depreciation and amortization   8 7 8
Pharma Segment        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Net sales/Other revenue from operations   3    
Other revenues from operations   0    
Net (loss) gain from investment activities   0    
Interest and dividend income   0    
(Loss) gain on disposition of assets, net   0    
Other income (loss), net   0    
Total revenues   3    
Cost of goods sold/Other expenses from operations   2    
Other expenses from operations   0    
Selling, general and administrative   2    
Restructuring, net   0    
Impairment   0    
Interest expense   0    
Total Expenses   4    
Income (loss) from continuing operations before income tax (expense) benefit   (1)    
Income tax benefit (expense)   0    
Net income (loss) from continuing operations   (1)    
Less: net income (loss) from continuing operations attributable to non-controlling interests   0    
Net income (loss) from continuing operations attributable to Icahn Enterprises   (1)    
Capital expenditures   0    
Depreciation and amortization   2    
Mining Segment        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Net sales/Other revenue from operations   0 130 103
Other revenues from operations   0    
Net (loss) gain from investment activities   0    
Interest and dividend income   0 1 1
(Loss) gain on disposition of assets, net   0 252 (3)
Other income (loss), net   0 (1) 5
Total revenues   0 382 106
Cost of goods sold/Other expenses from operations   0 51 73
Other expenses from operations   0    
Selling, general and administrative   0 15 27
Restructuring, net   0    
Impairment   0    
Interest expense   0 4 3
Total Expenses   0 70 103
Income (loss) from continuing operations before income tax (expense) benefit   0 312 3
Income tax benefit (expense)   0 (1) (2)
Net income (loss) from continuing operations   0 311 1
Less: net income (loss) from continuing operations attributable to non-controlling interests   0 12 (2)
Net income (loss) from continuing operations attributable to Icahn Enterprises   0 299 3
Capital expenditures   0 14 40
Depreciation and amortization   0   6
Railcar Segment        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Net sales/Other revenue from operations   0    
Other revenues from operations   0    
Net (loss) gain from investment activities   0    
Interest and dividend income   0    
(Loss) gain on disposition of assets, net   0   5
Other income (loss), net   0    
Total revenues   0   5
Cost of goods sold/Other expenses from operations   0    
Other expenses from operations   0   1
Selling, general and administrative   0   1
Restructuring, net   0    
Interest expense   0    
Total Expenses   0   2
Income (loss) from continuing operations before income tax (expense) benefit   0   3
Income tax benefit (expense)   0   (2)
Net income (loss) from continuing operations   0   1
Less: net income (loss) from continuing operations attributable to non-controlling interests   0    
Net income (loss) from continuing operations attributable to Icahn Enterprises   0   1
Capital expenditures   0    
Depreciation and amortization   0    
Holding Company        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Net sales/Other revenue from operations   0    
Other revenues from operations   0    
Net (loss) gain from investment activities   (87) (332) (313)
Interest and dividend income   22 69 24
(Loss) gain on disposition of assets, net   0    
Other income (loss), net   (5) 2 (2)
Total revenues   (70) (261) (291)
Cost of goods sold/Other expenses from operations   0    
Other expenses from operations   0    
Selling, general and administrative   22 26 25
Restructuring, net   0    
Impairment   0    
Interest expense   342 350 337
Total Expenses   364 376 362
Income (loss) from continuing operations before income tax (expense) benefit   (434) (637) (653)
Income tax benefit (expense)   (42) 38 14
Net income (loss) from continuing operations   (476) (599) (639)
Less: net income (loss) from continuing operations attributable to non-controlling interests   0   (1)
Net income (loss) from continuing operations attributable to Icahn Enterprises   (476) $ (599) $ (638)
Capital expenditures   2    
Depreciation and amortization   $ 0