XML 17 R7.htm IDEA: XBRL DOCUMENT v3.19.2
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Cash flows from operating activities:    
Net (loss) income $ (1,261) $ 989
Adjustments to reconcile net (loss) income to net cash used in operating activities:    
Loss (income) from discontinued operations 24 (212)
Net gain from securities transactions (81) (834)
Purchases of securities (2,256) (3,064)
Proceeds from sales of securities 1,481 5,217
Purchases to cover securities sold, not yet purchased (416) (1,119)
Proceeds from securities sold, not yet purchased 17 485
Changes in receivables and payables relating to securities transactions (702) (1,425)
Depreciation and amortization 260 258
Deferred taxes (40) (4)
Other, net 12 26
Changes in operating assets and liabilities 1,150 (1,075)
Net cash used in operating activities from continuing operations (1,812) (758)
Net cash provided by operating activities from discontinued operations 0 281
Net cash used in operating activities (1,812) (477)
Cash flows from investing activities:    
Capital expenditures (132) (126)
Acquisition of businesses, net of cash acquired (51) (10)
Purchases of investments (45) (10)
Proceeds from sale of investments 458 1
Other, net 17 11
Net cash provided by (used in) investing activities from continuing operations 247 (134)
Net cash used in investing activities from discontinued operations 0 (270)
Net cash provided by (used in) investing activities 247 (404)
Cash flows from financing activities:    
Investment segment contributions from non-controlling interests 70 280
Partnership contributions 10 0
Partnership distributions (55) (48)
Purchase of additional interests in consolidated subsidiaries (241) 0
Dividends and distributions to non-controlling interests in subsidiaries (56) (58)
Proceeds from Holding Company senior unsecured notes 1,257 0
Proceeds from subsidiary borrowings 441 652
Repayments of subsidiary borrowings (452) (704)
Other, net (3) 11
Net cash provided by financing activities from continuing operations 971 133
Net cash used in financing activities from discontinued operations 0 (77)
Net cash provided by financing activities 971 56
Effect of exchange rate changes on cash and cash equivalents and restricted cash and restricted cash equivalents (2) (1)
Add back change in cash and restricted cash of assets held for sale (70) 20
Net decrease in cash and cash equivalents and restricted cash and restricted cash equivalents (666) (806)
Cash and cash equivalents and restricted cash and restricted cash equivalents, beginning of period 5,338 1,911
Cash and cash equivalents and restricted cash and restricted cash equivalents, end of period 4,672 1,105
Icahn Enterprises Holdings    
Cash flows from operating activities:    
Net (loss) income (1,260) 990
Adjustments to reconcile net (loss) income to net cash used in operating activities:    
Loss (income) from discontinued operations 24 (212)
Net gain from securities transactions (81) (834)
Purchases of securities (2,256) (3,064)
Proceeds from sales of securities 1,481 5,217
Purchases to cover securities sold, not yet purchased (416) (1,119)
Proceeds from securities sold, not yet purchased 17 485
Changes in receivables and payables relating to securities transactions (702) (1,425)
Depreciation and amortization 260 258
Deferred taxes (40) (4)
Other, net 11 25
Changes in operating assets and liabilities 1,150 (1,075)
Net cash used in operating activities from continuing operations (1,812) (758)
Net cash provided by operating activities from discontinued operations 0 281
Net cash used in operating activities (1,812) (477)
Cash flows from investing activities:    
Capital expenditures (132) (126)
Acquisition of businesses, net of cash acquired (51) (10)
Purchases of investments (45) (10)
Proceeds from sale of investments 458 1
Other, net 17 11
Net cash provided by (used in) investing activities from continuing operations 247 (134)
Net cash used in investing activities from discontinued operations 0 (270)
Net cash provided by (used in) investing activities 247 (404)
Cash flows from financing activities:    
Investment segment contributions from non-controlling interests 70 280
Partnership contributions 10 0
Partnership distributions (55) (48)
Purchase of additional interests in consolidated subsidiaries (241) 0
Dividends and distributions to non-controlling interests in subsidiaries (56) (58)
Proceeds from Holding Company senior unsecured notes 1,257 0
Proceeds from subsidiary borrowings 441 652
Repayments of subsidiary borrowings (452) (704)
Other, net (3) 11
Net cash provided by financing activities from continuing operations 971 133
Net cash used in financing activities from discontinued operations 0 (77)
Net cash provided by financing activities 971 56
Effect of exchange rate changes on cash and cash equivalents and restricted cash and restricted cash equivalents (2) (1)
Add back change in cash and restricted cash of assets held for sale (70) 20
Net decrease in cash and cash equivalents and restricted cash and restricted cash equivalents (666) (806)
Cash and cash equivalents and restricted cash and restricted cash equivalents, beginning of period 5,338 1,911
Cash and cash equivalents and restricted cash and restricted cash equivalents, end of period $ 4,672 $ 1,105