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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Cash flows from operating activities:    
Net income (loss) $ 599 $ (2,306)
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Net (gain) loss from securities transactions (1,290) 4,402
Purchases of securities (1,519) (1,279)
Proceeds from sales of securities 715 20
Payments to cover securities sold, not yet purchased (459) (635)
Proceeds from securities sold, not yet purchased 2,141  
Changes in receivables and payables relating to securities transactions (858) 2,292
Changes in unrealized gains/losses on derivative contracts (125) (3,827)
Depreciation and amortization 127 121
Deferred taxes (18) (144)
Other, net 10 57
Changes in other operating assets and liabilities 126 (74)
Net cash used in operating activities (551) (1,373)
Cash flows from investing activities:    
Capital expenditures (47) (53)
Acquisition of businesses, net of cash acquired (20) (1)
Purchases of investments   (254)
Proceeds from sale of investments 182  
Other, net 1 (16)
Net cash provided by (used in) investing activities 116 (324)
Cash flows from financing activities:    
Investment segment contributions from non-controlling interests 40 1
Partnership contributions 182 7
Dividends and distributions to non-controlling interests in subsidiaries   (23)
Proceeds from Holding Company senior unsecured notes 750 866
Repayments of Holding Company senior unsecured notes (750) (1,350)
Proceeds from subsidiary borrowings 177 1,368
Repayments of subsidiary borrowings (180) (848)
Other, net (5) (14)
Net cash provided by financing activities 214 7
Effect of exchange rate changes on cash and cash equivalents and restricted cash and restricted cash equivalents 6 2
Net decrease in cash and cash equivalents and restricted cash and restricted cash equivalents (215) (1,688)
Cash and cash equivalents and restricted cash and restricted cash equivalents, beginning of period 3,291 4,945
Cash and cash equivalents and restricted cash and restricted cash equivalents, end of period 3,076 3,257
Icahn Enterprises Holdings    
Cash flows from operating activities:    
Net income (loss) 599 (2,306)
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Net (gain) loss from securities transactions (1,290) 4,402
Purchases of securities (1,519) (1,279)
Proceeds from sales of securities 715 20
Payments to cover securities sold, not yet purchased (459) (635)
Proceeds from securities sold, not yet purchased 2,141  
Changes in receivables and payables relating to securities transactions (858) 2,292
Changes in unrealized gains/losses on derivative contracts (125) (3,827)
Depreciation and amortization 127 121
Deferred taxes (18) (144)
Other, net 10 57
Changes in other operating assets and liabilities 126 (74)
Net cash used in operating activities (551) (1,373)
Cash flows from investing activities:    
Capital expenditures (47) (53)
Acquisition of businesses, net of cash acquired (20) (1)
Purchases of investments   (254)
Proceeds from sale of investments 182  
Other, net 1 (16)
Net cash provided by (used in) investing activities 116 (324)
Cash flows from financing activities:    
Investment segment contributions from non-controlling interests 40 1
Partnership contributions 182 7
Dividends and distributions to non-controlling interests in subsidiaries   (23)
Proceeds from Holding Company senior unsecured notes 750 866
Repayments of Holding Company senior unsecured notes (750) (1,350)
Proceeds from subsidiary borrowings 177 1,368
Repayments of subsidiary borrowings (180) (848)
Other, net (5) (14)
Net cash provided by financing activities 214 7
Effect of exchange rate changes on cash and cash equivalents and restricted cash and restricted cash equivalents 6 2
Net decrease in cash and cash equivalents and restricted cash and restricted cash equivalents (215) (1,688)
Cash and cash equivalents and restricted cash and restricted cash equivalents, beginning of period 3,291 4,945
Cash and cash equivalents and restricted cash and restricted cash equivalents, end of period $ 3,076 $ 3,257