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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Cash flows from operating activities:    
Net income $ 963 $ 1,200
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Net gain from securities transactions (1,020) (1,849)
Purchases of securities (542) (4,005)
Proceeds from sales of securities 1,515 1,074
Purchases to cover securities sold, not yet purchased (186) (83)
Proceeds from securities sold, not yet purchased 895 54
Changes in receivables and payables relating to securities transactions (1,463) 2,299
Loss on extinguishment of debt 2 162
Equity earnings from non-consolidated affiliates (32) (26)
Depreciation and amortization 419 395
Deferred taxes 75 90
Other, net (12) 29
Changes in cash held at consolidated affiliated partnerships and restricted cash (322) (898)
Changes in other operating assets and liabilities (139) 720
Net cash provided by (used in) operating activities 153 (838)
Cash flows from investing activities:    
Capital expenditures (729) (587)
Acquisition of business, net of cash acquired (786) (402)
Proceeds from sale of investments 68 0
Net proceeds from the sale and disposition of assets 54 0
Purchases of investments (107) (78)
Other, net 7 19
Net cash used in investing activities (1,493) (1,048)
Cash flows from financing activities:    
Capital contribution by non-controlling interests 245 500
Partnership distributions (58) (72)
Proceeds from offering of subsidiary equity 31 164
Distributions to non-controlling interests in subsidiaries (115) (493)
Proceeds from issuance of senior unsecured notes 0 4,991
Proceeds from other borrowings 1,122 4,242
Repayments of other borrowings 0 (3,625)
Repayments of other borrowings (643) (3,730)
Other, net (15) (24)
Net cash provided by financing activities 567 1,953
Effect of exchange rate changes on cash and cash equivalents 15 4
Net (decrease) increase in cash and cash equivalents (758) 71
Cash and cash equivalents, beginning of period 2,912 3,262
Cash and cash equivalents, end of period 2,154 3,333
Supplemental information:    
Cash payments for interest, net of amounts capitalized 312 300
Net cash (refunds) payments for income taxes (14) 57
Fair value of investment in Ferrous Resources prior to acquisition of controlling interest 36 0
Changes in accounts payable related to construction in progress additions 26 24
Changes in accounts payable related to construction in progress additions 0 (9)
Icahn Enterprises Holdings [Member]    
Cash flows from operating activities:    
Net income 964 1,201
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Net gain from securities transactions (1,020) (1,849)
Purchases of securities (542) (4,005)
Proceeds from sales of securities 1,515 1,074
Purchases to cover securities sold, not yet purchased (186) (83)
Proceeds from securities sold, not yet purchased 895 54
Changes in receivables and payables relating to securities transactions (1,463) 2,299
Loss on extinguishment of debt 2 162
Equity earnings from non-consolidated affiliates (32) (26)
Depreciation and amortization 418 394
Deferred taxes 75 90
Other, net (12) 29
Changes in cash held at consolidated affiliated partnerships and restricted cash (322) (898)
Changes in other operating assets and liabilities (139) 720
Net cash provided by (used in) operating activities 153 (838)
Cash flows from investing activities:    
Capital expenditures (729) (587)
Acquisition of business, net of cash acquired (786) (402)
Proceeds from sale of investments 68 0
Net proceeds from the sale and disposition of assets 54 0
Purchases of investments (107) (78)
Other, net 7 19
Net cash used in investing activities (1,493) (1,048)
Cash flows from financing activities:    
Capital contribution by non-controlling interests 245 500
Partnership distributions (58) (72)
Proceeds from offering of subsidiary equity 31 164
Distributions to non-controlling interests in subsidiaries (115) (493)
Proceeds from issuance of senior unsecured notes 0 4,991
Proceeds from other borrowings 1,122 4,242
Repayments of other borrowings 0 (3,625)
Repayments of other borrowings (643) (3,730)
Other, net (15) (24)
Net cash provided by financing activities 567 1,953
Effect of exchange rate changes on cash and cash equivalents 15 4
Net (decrease) increase in cash and cash equivalents (758) 71
Cash and cash equivalents, beginning of period 2,912 3,262
Cash and cash equivalents, end of period 2,154 3,333
Supplemental information:    
Cash payments for interest, net of amounts capitalized 312 300
Net cash (refunds) payments for income taxes (14) 57
Fair value of investment in Ferrous Resources prior to acquisition of controlling interest 36 0
Changes in accounts payable related to construction in progress additions 26 24
Changes in accounts payable related to construction in progress additions $ 0 $ (9)