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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Revenues:        
Net sales $ 2,221 $ 2,991 $ 6,827 $ 8,433
Other revenues from operations 192 203 566 588
Net gain (loss) from investment activities 257 (332) (318) (1,275)
Interest and dividend income 115 143 380 481
(Loss) gain on disposition of assets, net (1) 2 (6) 5
Other income, net 7 3 13 6
Total revenues 2,791 3,010 7,462 8,238
Expenses:        
Cost of goods sold 2,223 2,377 6,414 6,947
Other expenses from operations 155 165 462 483
Dividend expense 14 21 47 68
Selling, general and administrative 202 209 578 653
Restructuring, net   1 1 1
Credit loss on related party note receivable   23   139
Loss on deconsolidation of subsidiary       246
Interest expense 130 148 394 426
Total Expenses 2,724 2,944 7,896 8,963
Income (loss) before income tax expense 67 66 (434) (725)
Income tax benefit (expense) 13 (96) 2 (82)
Net income (loss) 80 (30) (432) (807)
Less: net income (loss) attributable to non-controlling interests 58 (24) (85) (262)
Net income (loss) attributable to Icahn Enterprises 22 (6) (347) (545)
Net income (loss) attributable to Icahn Enterprises allocated to:        
Limited partners 22 (6) (340) (534)
General partner     (7) (11)
Net Income (Loss) $ 22 $ (6) $ (347) $ (545)
Basic income (loss) per LP unit:        
Basic income (loss) per LP unit (in dollars per share) $ 0.05 $ (0.01) $ (0.75) $ (1.47)
Basic weighted average LP units outstanding (in shares) 477 394 452 364
Diluted income (loss) per LP unit:        
Diluted income (loss) per LP unit (in dollars per share) $ 0.05 $ (0.01) $ (0.75) $ (1.47)
Diluted weighted average LP units outstanding (in shares) 477 394 452 364
Distributions declared per LP unit (in dollars per share) $ 1.00 $ 1.00 $ 3.00 $ 5.00