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Schedule I
 12 Months Ended
Dec. 31, 2018
Icahn Enterprises (Parent)  
Condensed Financial Statements, Captions [Line Items]  
Condensed Financial Information of Parent Company Only Disclosure [Text Block] SCHEDULE I

ICAHN ENTERPRISES, L.P.
(Parent Company)

CONDENSED BALANCE SHEETS

 
December 31,
 
2018
 
2017
 
(In millions, except unit amounts)
ASSETS
 
 
 
Investments in subsidiaries, net
$
12,158

 
$
10,737

Total Assets
$
12,158

 
$
10,737

 
 
 
 
LIABILITIES AND EQUITY
 
 
 
Accrued expenses and other liabilities
$
124

 
$
124

Debt
5,505

 
5,507

 
5,629

 
5,631

 
 
 
 
Commitments and contingencies (Note 3)

 
 
 
 
 
 
Equity:
 
 
 
Limited partners: Depositary units: 191,366,097 and 173,564,307 units issued and outstanding at December 31, 2018 and 2017, respectively
7,319

 
5,341

General partner
(790
)
 
(235
)
Total equity
6,529

 
5,106

Total Liabilities and Equity
$
12,158

 
$
10,737




























See notes to condensed financial statements.
SCHEDULE I

ICAHN ENTERPRISES, L.P.  
(Parent Company)

CONDENSED STATEMENTS OF OPERATIONS


 
Year Ended December 31,
 
2018
 
2017
 
2016
 
(In millions)
Interest expense
$
(337
)
 
$
(323
)
 
$
(289
)
Loss on extinguishment of debt
—

 
(12
)
 
—

Equity in earnings (loss) of subsidiaries
1,844

 
2,765

 
(839
)
Net income (loss)
$
1,507

 
$
2,430

 
$
(1,128
)
Net income (loss) allocated to:
 
 
 
 
 
     Limited partners
$
2,063

 
$
2,382

 
$
(1,106
)
     General partner
(556
)
 
48

 
(22
)
 
$
1,507

 
$
2,430

 
$
(1,128
)




































See notes to condensed financial statements.
SCHEDULE I

ICAHN ENTERPRISES, L.P.
(Parent Company)

CONDENSED STATEMENTS OF CASH FLOWS


 
Year Ended December 31,
 
2018
 
2017
 
2016
 
(In millions)
Cash flows from operating activities:
 
 
 
 
 
Net income (loss)
$
1,507

 
$
2,430

 
$
(1,128
)
Adjustments to reconcile net income (loss) to net cash used in operating activities:
 
 
 
 
 
     Amortization of deferred financing costs
1

 
1

 
1

     Loss on extinguishment of debt
—

 
2

 
—

     Equity in (income) loss of subsidiary
(1,844
)
 
(2,765
)
 
839

Net cash used in operating activities
(336
)
 
(332
)
 
(288
)
Cash flows from investing activities:
 
 
 
 
 
Net investment in and advances from subsidiary
433

 
(204
)
 
390

Net cash provided by (used in) investing activities
433

 
(204
)
 
390

Cash flows from financing activities:
 
 
 
 
 
Partnership distributions
(97
)
 
(81
)
 
(103
)
Partnership contributions
—

 
606

 
1

Proceeds from borrowings
—

 
2,470

 
—

Repayments of borrowings
—

 
(2,450
)
 
—

Debt issuance costs
—

 
(9
)
 
—

Net cash (used in) provided by financing activities
(97
)
 
536

 
(102
)
Net change in cash and cash equivalents and restricted cash and restricted cash equivalents
—

 
—

 
—

Cash and cash equivalents and restricted cash and restricted cash equivalents, beginning of period
—

 
—

 
—

Cash and cash equivalents and restricted cash and restricted cash equivalents, end of period
$
—

 
$
—

 
$
—



















See notes to condensed financial statements.
ICAHN ENTERPRISES L.P. (Parent Company)
NOTES TO CONDENSED FINANCIAL STATEMENTS

1. Description of Business and Basis of Presentation.
Icahn Enterprises, L.P. (“Icahn Enterprises”) is a master limited partnership formed in Delaware on February 17, 1987. We own a 99% limited partner interest in Icahn Enterprises Holdings L.P. (''Icahn Enterprises Holdings''). Icahn Enterprises Holdings and its subsidiaries own substantially all of our assets and liabilities and conduct substantially all of our operations. Icahn Enterprises G.P. Inc., our sole general partner, which is owned and controlled by Carl C. Icahn, owns a 1% general partner interest in both us and Icahn Enterprises Holdings, representing an aggregate 1.99% general partner interest in us and Icahn Enterprises Holdings. As of December 31, 2018, Icahn Enterprises is engaged in the following continuing operating businesses: Investment, Energy, Automotive, Food Packaging, Metals, Real Estate, Home Fashion and Mining.
For the years ended December 31, 2018, 2017 and 2016, Icahn Enterprises received (paid) $433 million, $(204) million and $390 million, respectively, for (investments in) dividends and distributions from consolidated subsidiaries.
The condensed financial statements of Icahn Enterprises should be read in conjunction with the consolidated financial statements and notes thereto included in Item 8 of this Report.
2. Debt.
See Note 10, “Debt,” to the consolidated financial statements located in Item 8 of this Report. Icahn Enterprises' Parent company debt consists of the following:
 
December 31,
 
2018
 
2017
 
(in millions)
6.000% senior unsecured notes due 2020
$
1,702

 
$
1,703

5.875% senior unsecured notes due 2022
1,344

 
1,342

6.250% senior unsecured notes due 2022
1,213

 
1,216

6.750% senior unsecured notes due 2024
498

 
498

6.375% senior unsecured notes due 2025
748

 
748

Total debt
$
5,505

 
$
5,507


3. Commitments and Contingencies.
See Note 17, “Commitments and Contingencies,” to the consolidated financial statements.
Icahn Enterprises Holdings (Parent)  
Condensed Financial Statements, Captions [Line Items]  
Condensed Financial Information of Parent Company Only Disclosure [Text Block] SCHEDULE I

ICAHN ENTERPRISES HOLDINGS L.P.
(Parent Company)  
CONDENSED BALANCE SHEETS

 
December 31,
 
2018
 
2017
 
(in millions)
ASSETS
 
 
 
Cash and cash equivalents
$
30

 
$
241

Restricted cash
29

 
—

Investments
723

 
1

Other assets
60

 
84

Investments in subsidiaries, net
11,355

 
10,467

Total Assets
$
12,197

 
$
10,793

LIABILITIES AND EQUITY
 
 
 
Accounts payable, accrued expenses and other liabilities
$
131

 
$
128

Debt
5,509

 
5,532

 
5,640

 
5,660

 
 
 
 
Commitments and contingencies (Note 3)

 

 
 
 
 
Equity:
 
 
 
Limited partner
7,421

 
5,420

General partner
(864
)
 
(287
)
Total equity
6,557

 
5,133

Total Liabilities and Equity
$
12,197

 
$
10,793
























See notes to condensed financial statements.
SCHEDULE I 

ICAHN ENTERPRISES HOLDINGS L.P.
(Parent Company)
CONDENSED STATEMENTS OF OPERATIONS

 
Year Ended December 31,
 
2018
 
2017
 
2016
 
(in millions)
Interest and dividend income
$
7

 
$
2

 
$
1

Net (loss) gain from investment activities
(389
)
 
—

 
1

Gain (loss) on disposition of assets
23

 
(1
)
 
—

Equity in earnings (loss) of subsidiaries
2,225

 
2,739

 
(818
)
Other income, net
4

 
41

 
7

 
1,870

 
2,781

 
(809
)
Interest expense
337

 
324

 
290

Selling, general and administrative
25

 
25

 
28

 
362

 
349

 
318

Net income (loss)
$
1,508

 
$
2,432

 
$
(1,127
)
Net income (loss) allocated to:
 
 
 
 
 
     Limited partner
$
2,085

 
$
2,408

 
$
(1,116
)
     General partner
(577
)
 
24

 
(11
)
 
$
1,508

 
$
2,432

 
$
(1,127
)






























See notes to condensed financial statements.
SCHEDULE I

ICAHN ENTERPRISES HOLDINGS L.P.
(Parent Company)
CONDENSED STATEMENTS OF CASH FLOWS
 
Year Ended December 31,
 
2018
 
2017
 
2016
 
(in millions)
Cash flows from operating activities:
 
 
 
 
 
Net income (loss)
$
1,508

 
$
2,432

 
$
(1,127
)
Adjustments to reconcile net income (loss) to net cash used in operating activities:
 
 
 
 
 
     Equity in (income) loss of subsidiary
(2,225
)
 
(2,739
)
 
818

     (Gain) loss on disposition of assets
(23
)
 
1

 
—

     Investment gains
389

 
—

 
(1
)
     Depreciation and amortization
2

 
3

 
3

     Other, net
(2
)
 
(39
)
 
8

     Change in operating assets and liabilities
8

 
18

 
(6
)
Net cash used in operating activities
(343
)
 
(324
)
 
(305
)
Cash flows from investing activities:
 
 
 
 
 
Net investment in subsidiaries
238

 
509

 
421

Other, net
41

 
53

 
—

Net cash provided by investing activities
279

 
562

 
421

Cash flows from financing activities:
 
 
 
 
 
Partnership distributions
(97
)
 
(81
)
 
(103
)
Partner contributions
—

 
6

 
1

Proceeds from borrowings
—

 
2,470

 
—

Repayments of borrowings
(21
)
 
(2,450
)
 
—

Debt issuance costs
—

 
(7
)
 
—

Net cash used in financing activities
(118
)
 
(62
)
 
(102
)
Net change in cash and cash equivalents and restricted cash and restricted cash equivalents
(182
)
 
176

 
14

Cash and cash equivalents and restricted cash and restricted cash equivalents, beginning of period
241

 
65

 
51

Cash and cash equivalents and restricted cash and restricted cash equivalents, end of period
$
59

 
$
241

 
$
65
















See notes to condensed financial statements.
ICAHN ENTERPRISES HOLDINGS L.P. (Parent Company)
NOTES TO CONDENSED FINANCIAL STATEMENTS

1.  Description of Business and Basis of Presentation.
Icahn Enterprises Holdings L.P. (“Icahn Enterprises Holdings”) is a limited partnership formed in Delaware on February 17, 1987. Our sole limited partner is Icahn Enterprises L.P., a master limited partnership which owns a 99% interest in us. Icahn Enterprises G.P. Inc., our sole 1% general partner, is a Delaware corporation which is owned and controlled by Carl C. Icahn. As of December 31, 2018, Icahn Enterprises Holdings is engaged in the following continuing operating businesses: Investment, Energy, Automotive, Food Packaging, Metals, Real Estate, Home Fashion and Mining.
For the years ended December 31, 2018, 2017 and 2016, Icahn Enterprises Holdings received $238 million, $509 million and $421 million, respectively, in dividends and distributions from consolidated subsidiaries.
The condensed financial statements of Icahn Enterprises Holdings should be read in conjunction with the consolidated financial statements and notes thereto included in Item 8 of this Report.
2.  Debt.
See Note 10, “Debt,” to the consolidated financial statements located in Item 8 of this Report. Icahn Enterprises Holdings' Parent company debt consists of the following:
 
December 31,
 
2018
 
2017
 
(in millions)
6.000% senior unsecured notes due 2020
$
1,703

 
$
1,704

5.875% senior unsecured notes due 2022
1,344

 
1,343

6.250% senior unsecured notes due 2022
1,214

 
1,217

6.750% senior unsecured notes due 2024
499

 
499

6.375% senior unsecured notes due 2025
749

 
749

Mortgages payable
—

 
20

Total debt
$
5,509

 
$
5,532



3.  Commitments and Contingencies.
See Note 17, “Commitments and Contingencies,” to the consolidated financial statements.