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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenues:        
Net sales $ 3,796 $ 2,612 $ 6,764 $ 4,830
Other revenues from operations 197 164 365 316
Net (loss) gain from investment activities (442) 206 497 1,212
Interest and dividend income 50 34 92 60
Other loss, net (98) (28) (122) (46)
Total revenues 3,503 2,988 7,596 6,372
Expenses:        
Cost of goods sold 3,174 2,398 5,712 4,537
Other expenses from operations 148 126 285 244
Selling, general and administrative 315 304 616 620
Restructuring, net   5   5
Interest expense 151 158 285 353
Total Expenses 3,788 2,991 6,898 5,759
(Loss) income before income tax expense (285) (3) 698 613
Income tax expense (2) (59) (100) (76)
Net (loss) income (287) (62) 598 537
Less: net (loss) income attributable to non-controlling interests (159) 74 403 511
Net (loss) income attributable to Icahn Enterprises (128) (136) 195 26
Net (loss) income attributable to Icahn Enterprises allocated to:        
Limited partners (125) (134) 191 25
General partner (3) (2) 4 1
Net income (loss) attributable to Icahn Enterprises $ (128) $ (136) $ 195 $ 26
Basic (loss) income per LP unit:        
Basic (loss) income per LP unit $ (0.41) $ (0.53) $ 0.64 $ 0.10
Basic weighted average LP units outstanding 306 251 300 247
Diluted (loss) income per LP unit        
Diluted (loss) income per LP unit $ (0.41) $ (0.53) $ 0.64 $ 0.10
Diluted weighted average LP units outstanding 306 251 300 247
Distributions declared per LP unit $ 2.00 $ 2.00 $ 4.00 $ 4.00