Segment Reporting (Tables)

12 Months Ended

Dec. 31, 2013

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, 2013, 2012 and 2011 are presented below:



	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 (loss) from investment activities	1,850			—			—			—			2			—			—			—		—			(158		)	1,694
Interest and dividend income	178			3			1			—			9			1			—			—		—			2			194
Other income (loss), 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⁽¹⁾	$	—		$	296		$	208		$	26		$	92		$	34		$	21		$	23	$	8		$	—		$	708



	Year Ended December 31, 2012
	Investment			Automotive			Energy⁽²⁾			Metals			Railcar			Gaming			Food Packaging			Real Estate		Home Fashion			Holding Company			Consolidated
	(in millions)
Revenues:
Net sales	$	—		$	6,664		$	5,703		$	1,102		$	530		$	—		$	343		$	4	$	228		$	—		$	14,574
Other revenues from operations	—			—			—			—			256			613			—			82		—			—			951
Net gain from investment activities	314			—			—			—			2			—			—			—		—			27			343
Interest and dividend income	85			5			1			—			11			1			—			—		—			—			103
Other (loss) income, net	(1		)	8			(185		)	1			—			(3		)	(2		)	2		3			2			(175		)
	398			6,677			5,519			1,103			799			611			341			88		231			29			15,796
Expenses:
Cost of goods sold	—			5,753			4,848			1,116			419			—			263			1		206			—			12,606
Other expenses from operations	—			—			—			—			141			312			—			49		—			—			502
Selling, general and administrative	24			710			112			28			37			250			45			14		37			18			1,275
Restructuring	—			26			—			—			—			—			1			—		4			—			31
Impairment	—			98			—			18			—			2			—			—		11			—			129
Interest expense	2			141			39			—			68			13			21			5		—			283			572
	26			6,728			4,999			1,162			665			577			330			69		258			301			15,115
Income (loss) before income tax benefit (expense)	372			(51		)	520			(59		)	134			34			11			19		(27		)	(272		)	681
Income tax benefit (expense)	—			29			(182		)	1			(42		)	(4		)	(5		)	—		—			284			81
Net income (loss)	372			(22		)	338			(58		)	92			30			6			19		(27		)	12			762
Less: net income attributable to non-controlling interests	(215		)	(2		)	(75		)	—			(63		)	(9		)	(2		)	—		—			—			(366		)
Net income (loss) attributable to Icahn Enterprises	$	157		$	(24	)	$	263		$	(58	)	$	29		$	21		$	4		$	19	$	(27	)	$	12		$	396

Supplemental information:
Capital expenditures	$	—		$	387		$	138		$	24		$	302		$	44		$	39		$	2	$	—		$	—		$	936
Depreciation and amortization⁽¹⁾	$	—		$	289		$	128		$	26		$	83		$	32		$	18		$	23	$	8		$	—		$	607



	Year Ended December 31, 2011
	Investment			Automotive			Metals		Railcar			Gaming			Food Packaging			Real Estate		Home Fashion			Holding Company			Eliminations			Consolidated
	(in millions)
Revenues:
Net sales	$	—		$	6,910		$	1,095	$	453		$	—		$	339		$	8	$	322		$	—		$	—		$	9,127
Other revenues from operations	—			—			—		228			624			—			81		—			—			—			933
Net gain from investment activities	1,887			—			—		—			—			—			—		—			27			(9		)	1,905
Interest and dividend income	110			6			—		12			1			—			—		—			2			(5		)	126
Other (loss) income, net	(101		)	21			1		(2		)	(1		)	(1		)	1		3			7			—			(72		)
	1,896			6,937			1,096		691			624			338			90		325			36			(14		)	12,019
Expenses:
Cost of goods sold	—			5,822			1,068		410			—			263			3		305			—			—			7,871
Other expenses from operations	—			—			—		129			329			—			47		—			—			—			505
Selling, general and administrative	37			736			25		34			254			43			16		61			31			—			1,237
Restructuring	—			5			—		—			—			—			—		6			—			—			11
Impairment	—			48			—		—			5			—			—		18			—			—			71
Interest expense	15			141			—		74			9			21			6		1			223			—			490
	52			6,752			1,093		647			597			327			72		391			254			—			10,185
Income (loss) before income tax (expense) benefit	1,844			185			3		44			27			11			18		(66		)	(218		)	(14		)	1,834
Income tax (expense) benefit	—			(17		)	3		(4		)	(3		)	(5		)	—		—			(8		)	—			(34		)
Net income (loss)	1,844			168			6		40			24			6			18		(66		)	(226		)	(14		)	1,800
Less: net (income) loss attributable to non-controlling interests	(971		)	(47		)	—		(38		)	(11		)	(2		)	—		10			—			9			(1,050		)
Net income (loss) attributable to Icahn Enterprises	$	873		$	121		$	6	$	2		$	13		$	4		$	18	$	(56	)	$	(226	)	$	(5	)	$	750

Supplemental information:
Capital expenditures	$	—		$	348		$	25	$	49		$	34		$	37		$	1	$	—		$	—		$	—		$	494
Depreciation and amortization⁽¹⁾	$	—		$	284		$	23	$	81		$	32		$	16		$	23	$	10		$	—		$	—		$	469


⁽¹⁾	Excludes amounts related to the amortization of debt discounts and premiums included in interest expense in the amounts of $34 million, $28 million and $39 million for the years ended December 31, 2013, 2012 and 2011, respectively.

Schedule of Condensed Financial Statements by Segment

Icahn Enterprises' condensed balance sheets by reporting segment as of December 31, 2013 and 2012 are presented below:



	December 31, 2013
	Investment		Automotive		Energy		Metals		Railcar		Gaming		Food Packaging		Real Estate		Home Fashion		Holding Company			Consolidated
	(in millions)
ASSETS
Cash and cash equivalents	$	3	$	761	$	842	$	31	$	417	$	359	$	19	$	32	$	16	$	782		$	3,262
Cash held at consolidated affiliated partnerships and restricted cash	321		—		—		4		27		31		1		3		6		3			396
Investments	11,826		253		—		—		31		34		—		—		—		117			12,261
Accounts receivable, net	—		1,297		242		62		34		10		67		3		35		—			1,750
Inventories, net	—		1,068		527		85		90		—		72		—		60		—			1,902
Property, plant and equipment, net	—		2,038		2,684		129		1,889		444		156		656		78		3			8,077
Goodwill and intangible assets, net	—		1,715		1,307		9		7		67		11		68		3		—			3,187
Other assets	47		413		146		14		52		51		79		18		24		66			910
Total assets	$	12,197	$	7,545	$	5,748	$	334	$	2,547	$	996	$	405	$	780	$	222	$	971		$	31,745
LIABILITIES AND EQUITY
Accounts payable, accrued expenses and other liabilities	$	757	$	1,763	$	1,550	$	57	$	204	$	132	$	80	$	18	$	31	$	351		$	4,943
Securities sold, not yet purchased, at fair value	884		—		—		—		—		—		—		—		—		—			884
Due to brokers	2,203		—		—		—		—		—		—		—		—		—			2,203
Post-employment benefit liability	—		1,072		—		1		5		—		33		—		—		—			1,111
Debt	—		2,586		676		3		1,448		298		217		51		—		4,016			9,295
Total liabilities	3,844		5,421		2,226		61		1,657		430		330		69		31		4,367			18,436

Equity attributable to Icahn Enterprises	3,696		1,660		1,926		273		591		392		55		711		191		(3,403		)	6,092
Equity attributable to non-controlling interests	4,657		464		1,596		—		299		174		20		—		—		7			7,217
Total equity	8,353		2,124		3,522		273		890		566		75		711		191		(3,396		)	13,309
Total liabilities and equity	$	12,197	$	7,545	$	5,748	$	334	$	2,547	$	996	$	405	$	780	$	222	$	971		$	31,745



	December 31, 2012
	Investment		Automotive		Energy		Metals		Railcar		Gaming		Food Packaging			Real Estate		Home Fashion		Holding Company			Consolidated
	(in millions)
ASSETS
Cash and cash equivalents	$	14	$	467	$	896	$	14	$	244	$	243	$	31		$	87	$	67	$	1,045		$	3,108
Cash held at consolidated affiliated partnerships and restricted cash	913		—		—		4		20		15		1			2		6		2			963
Investments	5,084		240		—		—		57		35		—			—		14		61			5,491
Accounts receivable, net	—		1,375		211		102		50		13		62			5		36		—			1,854
Inventories, net	—		1,074		528		122		110		—		61			—		60		—			1,955
Property, plant and equipment, net	—		1,971		2,648		142		1,564		431		154			665		83		3			7,661
Goodwill and intangible assets, net	—		1,782		1,327		11		7		68		12			78		3		—			3,288
Other assets	582		373		133		22		186		47		34			15		22		198			1,612
Total assets	$	6,593	$	7,282	$	5,743	$	417	$	2,238	$	852	$	355		$	852	$	291	$	1,309		$	25,932
LIABILITIES AND EQUITY
Accounts payable, accrued expenses and other liabilities	$	152	$	1,859	$	1,535	$	73	$	164	$	134	$	74		$	18	$	35	$	178		$	4,222
Securities sold, not yet purchased, at fair value	533		—		—		—		—		—		—			—		—		—			533
Due to brokers	—		—		—		—		—		—		—			—		—		—			—
Post-employment benefit liability	—		1,409		—		3		10		—		66			—		—		—			1,488
Debt	—		2,805		926		3		1,600		171		215			71		—		4,082			9,873
Total liabilities	685		6,073		2,461		79		1,774		305		355			89		35		4,260			16,116

Equity attributable to Icahn Enterprises	2,387		860		2,383		338		257		379		(3		)	763		256		(2,951		)	4,669
Equity attributable to non-controlling interests	3,521		349		899		—		207		168		3			—		—		—			5,147
Total equity	5,908		1,209		3,282		338		464		547		—			763		256		(2,951		)	9,816
Total liabilities and equity	$	6,593	$	7,282	$	5,743	$	417	$	2,238	$	852	$	355		$	852	$	291	$	1,309		$	25,932

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,
	2013		2012		2011		2013		2012		2011		2013		2012
	(in millions)
United States	$	13,171	$	10,202	$	4,459	$	937	$	914	$	900	$	6,207	$	5,959
Germany	1,339		1,175		1,302		—		—		—		425		403
Other	3,275		3,197		3,366		51		37		33		1,445		1,299
	$	17,785	$	14,574	$	9,127	$	988	$	951	$	933	$	8,077	$	7,661

⁽¹⁾Geographic location is based on location of the customer and location of the asset.

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 11, "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,
	2013								2012								2011								2013		2012
	Interest Expense		Net Income (Loss)			Net Income (Loss) Attributable to Icahn Enterprises Holdings			Interest Expense		Net Income (Loss)			Net Income (Loss) 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	$	10	$	1,902		$	812		$	2	$	372		$	157		$	15	$	1,844		$	873		$	12,197	$	6,593
Automotive	111		263			250			141		(22		)	(24		)	141		168			121			7,545		7,282
Energy	48		479			289			39		338			263			—		—			—			5,748		5,743
Metals	—		(28		)	(28		)	—		(58		)	(58		)	—		6			6			334		417
Railcar	49		139			30			68		92			29			74		40			2			2,547		2,238
Gaming	14		19			13			13		30			21			9		24			13			996		852
Food Packaging	22		43			32			21		6			4			21		6			4			405		355
Real Estate	4		17			17			5		19			19			6		18			18			780		852
Home Fashion	—		(16		)	(16		)	—		(27		)	(27		)	1		(66		)	(56		)	222		291
Holding Company	302		(374		)	(374		)	282		13			13			222		(225		)	(225		)	987		1,323
Eliminations	—		—			—			—		—			—			—		(14		)	(5		)	—		—
Consolidated	$	560	$	2,444		$	1,025		$	571	$	763		$	397		$	489	$	1,801		$	751		$	31,761	$	25,946

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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