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Schedule I
 12 Months Ended
Dec. 31, 2019
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,
20192018
(In millions, except unit amounts)
ASSETS
Investments in subsidiaries, net$11,853  $12,189  
Total Assets$11,853  $12,189  
LIABILITIES AND EQUITY
Accrued expenses and other liabilities$100  $124  
Debt6,297  5,505  
6,397  5,629  
Commitments and contingencies (Note 3)
Equity:
Limited partners: Depositary units: 214,078,558 and 191,366,097 units issued and outstanding at December 31, 2019 and 2018, respectively
6,268  7,350  
General partner(812) (790) 
Total equity5,456  6,560  
Total Liabilities and Equity$11,853  $12,189  

























See notes to condensed financial statements.
SCHEDULE I

ICAHN ENTERPRISES, L.P.  
(Parent Company)

CONDENSED STATEMENTS OF OPERATIONS


Year Ended December 31,
201920182017
(In millions)
Interest expense$(350) $(337) $(323) 
Gain (loss) on extinguishment of debt2  —  (12) 
Equity in (loss) income of subsidiaries(750) 1,819  2,789  
Net (loss) income$(1,098) $1,482  $2,454  
Net (loss) income allocated to:
     Limited partners$(1,076) $2,039  $2,405  
     General partner(22) (557) 49  
$(1,098) $1,482  $2,454  



































See notes to condensed financial statements.
SCHEDULE I

ICAHN ENTERPRISES, L.P.
(Parent Company)

CONDENSED STATEMENTS OF CASH FLOWS


Year Ended December 31,
201920182017
(In millions)
Cash flows from operating activities:
Net (loss) income$(1,098) $1,482  $2,454  
Adjustments to reconcile net (loss) income to net cash used in operating activities:
Equity in loss (income) of subsidiary750  (1,819) (2,789) 
(Gain) loss on extinguishment of debt(2) —  2  
Other, net(25) 1  1  
Net cash used in operating activities(375) (336) (332) 
Cash flows from investing activities:
Net investment in and advances from subsidiary(363) 433  (210) 
Net cash (used in) provided by investing activities(363) 433  (210) 
Cash flows from financing activities:
Partnership distributions(112) (97) (81) 
Partnership contributions55  —  612  
Proceeds from borrowings2,507  —  2,470  
Repayments of borrowings(1,700) —  (2,450) 
Debt issuance costs and other(12) —  (9) 
Net cash provided by (used in) financing activities738  (97) 542  
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, 2019, Icahn Enterprises is engaged in the following continuing operating businesses: Investment, Energy, Automotive, Food Packaging, Metals, Real Estate and Home Fashion.
For the years ended December 31, 2019, 2018 and 2017, Icahn Enterprises received (paid) $(363) million, $433 million and $(210) million, respectively, for (investments in) dividends and distributions from consolidated subsidiaries.
The condensed financial statements of Icahn Enterprises should be read in conjunction with the consolidated financial statements and notes thereto included in Item 8 of this Report.
2. Debt.
See Note 11, “Debt,” to the consolidated financial statements located in Item 8 of this Report. Icahn Enterprises' Parent company debt consists of the following:
December 31,
20192018
(in millions) 
6.000% senior unsecured notes due 2020$—  $1,702  
5.875% senior unsecured notes due 20221,345  1,344  
6.250% senior unsecured notes due 20221,211  1,213  
6.750% senior unsecured notes due 2024498  498  
4.750% senior unsecured notes due 2024498  —  
6.375% senior unsecured notes due 2025748  748  
6.250% senior unsecured notes due 20261,250  —  
5.250% senior unsecured notes due 2027747  —  
Total debt$6,297  $5,505  
3. Commitments and Contingencies.
See Note 18, “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,
20192018
(in millions)
ASSETS
Cash and cash equivalents$1,042  $30  
Restricted cash7  29  
Investments346  723  
Other assets—  60  
Investments in subsidiaries, net10,474  11,355  
Total Assets$11,869  $12,197  
LIABILITIES AND EQUITY
Accounts payable, accrued expenses and other liabilities$116  $131  
Debt6,300  5,509  
6,416  5,640  
Commitments and contingencies (Note 3)
Equity:
Limited partner6,328  7,421  
General partner(875) (864) 
Total equity5,453  6,557  
Total Liabilities and Equity$11,869  $12,197  






















See notes to condensed financial statements.
SCHEDULE I 

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

Year Ended December 31,
201920182017
(in millions)
Interest and dividend income$14  $7  $2  
Net (loss) gain from investment activities(377) (389) —  
Gain (loss) on disposition of assets2  23  (1) 
Equity in (loss) income of subsidiaries(363) 2,200  2,763  
Other income, net—  4  41  
(724) 1,845  2,805  
Interest expense350  337  324  
Selling, general and administrative23  25  25  
373  362  349  
Net (loss) income$(1,097) $1,483  $2,456  
Net (loss) income allocated to:
     Limited partner$(1,086) $2,060  $2,431  
     General partner(11) (577) 25  
$(1,097) $1,483  $2,456  





























See notes to condensed financial statements.
SCHEDULE I

ICAHN ENTERPRISES HOLDINGS L.P.
(Parent Company)
CONDENSED STATEMENTS OF CASH FLOWS
Year Ended December 31,
201920182017
(in millions)
Cash flows from operating activities:
Net (loss) income$(1,097) $1,483  $2,456  
Adjustments to reconcile net (loss) income to net cash used in operating activities:
     Equity in loss (income) of subsidiary363  (2,200) (2,763) 
     (Gain) loss on disposition of assets(2) (23) 1  
     Investment gains377  389  —  
     Other, net(1) —  (36) 
     Change in operating assets and liabilities45  8  18  
Net cash used in operating activities(315) (343) (324) 
Cash flows from investing activities:
Net investment in subsidiaries567  238  (97) 
Other, net—  41  53  
Net cash provided by investing activities567  279  (44) 
Cash flows from financing activities:
Partnership distributions(112) (97) (81) 
Partner contributions55  —  612  
Proceeds from borrowings2,507  —  2,470  
Repayments of borrowings(1,700) (21) (2,450) 
Debt issuance costs(12) —  (7) 
Net cash provided by (used in) financing activities738  (118) 544  
Net change in cash and cash equivalents and restricted cash and restricted cash equivalents
990  (182) 176  
Cash and cash equivalents and restricted cash and restricted cash equivalents, beginning of period
59  241  65  
Cash and cash equivalents and restricted cash and restricted cash equivalents, end of period
$1,049  $59  $241  














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, 2019, Icahn Enterprises Holdings is engaged in the following continuing operating businesses: Investment, Energy, Automotive, Food Packaging, Metals, Real Estate and Home Fashion.
For the years ended December 31, 2019, 2018 and 2017, Icahn Enterprises Holdings received (paid) $567 million, $238 million and $(97) million, respectively, in dividends and distributions from consolidated subsidiaries.
The condensed financial statements of Icahn Enterprises Holdings should be read in conjunction with the consolidated financial statements and notes thereto included in Item 8 of this Report.
2.  Debt.
See Note 11, “Debt,” to the consolidated financial statements located in Item 8 of this Report. Icahn Enterprises Holdings’ Parent company debt consists of the following:
December 31,
20192018
(in millions) 
6.000% senior unsecured notes due 2020$—  $1,703  
5.875% senior unsecured notes due 20221,345  1,344  
6.250% senior unsecured notes due 20221,211  1,214  
6.750% senior unsecured notes due 2024499  499  
4.750% senior unsecured notes due 2024499  —  
6.375% senior unsecured notes due 2025749  749  
6.250% senior unsecured notes due 20261,250  —  
5.250% senior unsecured notes due 2027747  —  
Total debt$6,300  $5,509  

3.  Commitments and Contingencies.
See Note 18, “Commitments and Contingencies,” to the consolidated financial statements.