XML 21 R4.htm IDEA: XBRL DOCUMENT v3.22.0.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Revenues:      
Net sales $ 10,304 $ 6,815 $ 9,722
Other revenues from operations 637 608 666
Net gain (loss) from investment activities 193 (1,421) (1,931)
Interest and dividend income 137 169 265
Gain (loss) on disposition of assets, net 141 (17) 253
Other (loss) income, net (84) (31) 19
Total revenues 11,328 6,123 8,994
Expenses:      
Cost of goods sold 9,481 6,320 8,205
Other expenses from operations 513 487 528
Selling, general and administrative 1,241 1,191 1,375
Restructuring, net 5 10 18
Impairment 0 11 2
Interest expense 666 688 605
Total Expenses 11,906 8,707 10,733
Loss before income tax benefit (expense) (578) (2,584) (1,739)
Income tax benefit (expense) 78 116 (20)
Loss from continuing operations (500) (2,468) (1,759)
Loss from discontinued operations     (32)
Net loss (500) (2,468) (1,791)
Less: net income (loss) attributable to non-controlling interests 18 (815) (693)
Net loss attributable to Icahn Enterprises (518) (1,653) (1,098)
Net (loss) income attributable to Icahn Enterprises allocated to:      
Continuing operations (518) (1,653) (1,066)
Discontinued operations     (32)
Limited partners (604) (1,620) (1,076)
General partner 86 (33) (22)
Net income (loss) attributable to Icahn Enterprises $ (518) $ (1,653) $ (1,098)
Basic and diluted loss per LP unit:      
Continuing operations $ (2.32) $ (7.33) $ (5.23)
Discontinued operations     (0.15)
Basic and diluted loss per LP unit $ (2.32) $ (7.33) $ (5.38)
Basic and diluted weighted average LP units outstanding 260 221 200
Cash distributions declared per LP unit $ 8.00 $ 8.00 $ 8.00