Investments (Tables)

12 Months Ended

Dec. 31, 2020

Schedule of Investments [Line Items]

Investments Financial Information

	Hertz						Herbalife
	Year Ended December 31,						Year Ended December 31,
	2020		2019		2018		2020		2019		2018
	(in millions)
Net sales/Other revenue from operations	$	2,755	$	9,779	$	9,504	$	2,609	$	4,877	$	4,892
Cost of goods sold/Other expenses from operations		3,231		8,051		8,045		518		958		919
Net (loss) income		(1,209)		(50)		(227)		161		311		297
Net (loss) income attributable to investee shareholders		(1,203)		(58)		(225)		161		311		297

Summary of investments

	Voting	Fair Value of				Gains (Losses)
	Interests	Investment				Recognized in Income
	December 31,	December 31,				Year Ended December 31,
	2020	2020		2019		2020		2019		2018
		(in millions)
Herbalife Nutrition Ltd.	15.5%	$	985	$	1,343	$	161	$	(318)	$	864
Hertz Global Holdings, Inc.	—		—		551		(637)		105		(197)
Caesars Entertainment Corporation	—		—		1,243		49		478		—
		$	985	$	3,137	$	(427)	$	265	$	667

Summarized Financial Information of Equity Method Investments

	December 31, 2019
	Hertz		Herbalife
	(in millions)
Total assets	$	24,627	$	2,679
Total liabilities		22,739		3,069
Non-controlling interests		119		—
Equity attributable to investee shareholders		1,769		(390)

Investment Segment

Schedule of Investments [Line Items]

Investment

	December 31,
	2020		2019
	(in millions)
Assets
Investments:
Equity securities:
Basic materials	$	—	$	281
Consumer, non-cyclical		1,548		2,085
Consumer, cyclical		2,073		2,427
Energy		2,654		1,717
Utilities		107		—
Technology		1,578		2,425
Industrial		158		127
		8,118		9,062
Corporate debt securities		121		145
	$	8,239	$	9,207
Liabilities
Securities sold, not yet purchased, at fair value:
Equity securities:
Basic materials	$	—	$	209
Consumer, non-cyclical		424		29
Consumer, cyclical		572		379
Energy		1,476		124
Utilities		49		—
Financial		—		152
Technology		—		217
Communication		—		80
	$	2,521	$	1,190

Other Segments and Holding Company

Schedule of Investments [Line Items]

Investment

	December 31,
	2020		2019
	(in millions)
Equity method investments	$	120	$	201
Held to maturity debt investments measured at amortized cost		20		—
Other investments measured at fair value		534		537
	$	674	$	738