Discontinued Operations (Tables)

9 Months Ended

Sep. 30, 2019

Discontinued Operations and Disposal Groups [Abstract]

Discontinued Operations

	Three Months Ended September 30, 2018
	Federal-Mogul			Tropicana			ARI			Total
Revenues:
Net sales	$	1,890		$	—		$	40		$	1,930
Other revenues from operations	—			233			60			293
Interest and dividend income	1			—			—			1
Gain on disposition of assets, net	65			—			—			65
Other (loss) income, net	(4		)	2			11			9
	1,952			235			111			2,298
Expenses:
Cost of goods sold	1,562			—			42			1,604
Other expenses from operations	—			105			36			141
Selling, general and administrative	185			78			11			274
Restructuring, net	15			—			—			15
Impairment	—			—			—			—
Interest expense	45			1			5			51
	1,807			184			94			2,085
Income from discontinued operations before income tax expense	145			51			17			213
Income tax expense	(28		)	(5		)	(4		)	(37		)
Income from discontinued operations	117			46			13			176
Less: income from discontinued operations attributable to non-controlling interests	1			7			5			13
Income from discontinued operations attributable to Icahn Enterprises	$	116		$	39		$	8		$	163
Supplemental information:
Capital expenditures	$	88		$	17		$	57		$	162
Depreciation and amortization	$	—		$	—		$	15		$	15

	Nine Months Ended September 30, 2018
	Federal-Mogul			Tropicana			ARI			Total
Revenues:
Net sales	$	5,993		$	—		$	194		$	6,187
Other revenues from operations	—			679			169			848
Interest and dividend income	2			1			1			4
Gain on disposition of assets, net	65			—			—			65
Other income, net	5			1			13			19
	6,065			681			377			7,123
Expenses:
Cost of goods sold	4,999			—			184			5,183
Other expenses from operations	—			311			96			407
Selling, general and administrative	601			238			30			869
Restructuring, net	13			—			—			13
Impairment	2			—			4			6
Interest expense	137			4			16			157
	5,752			553			330			6,635
Income from discontinued operations before income tax expense	313			128			47			488
Income tax expense	(69		)	(19		)	(12		)	(100		)
Income from discontinued operations	244			109			35			388
Less: income from discontinued operations attributable to non-controlling interests	7			17			13			37
Income from discontinued operations attributable to Icahn Enterprises	$	237		$	92		$	22		$	351
Supplemental information:
Capital expenditures	$	303		$	58		$	81		$	442
Depreciation and amortization	$	100		$	19		$	46		$	165