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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenues:    
Net sales $ 2,968 $ 2,218
Other revenues from operations 159 152
Net gain from investment activities 939 1,006
Interest and dividend income 42 26
Other loss, net (24) (18)
Total revenues 4,084 3,384
Expenses:    
Cost of goods sold 2,538 2,139
Other expenses from operations 128 118
Selling, general and administrative 301 316
Interest expense 134 195
Total Expenses 3,101 2,768
Income before income tax expense 983 616
Income tax expense (98) (17)
Loss from continuing operations 885 599
Net income 885 599
Less: net income attributable to non-controlling interests 562 437
Net income attributable to Icahn Enterprises 323 162
Net income attributable to Icahn Enterprises allocated to:    
Continuing operations 323 162
Limited partners 317 159
General partner 6 3
Net income (loss) attributable to Icahn Enterprises $ 323 $ 162
Basic income (loss) per LP unit:    
Basic income per LP unit $ 1.08 $ 0.66
Basic weighted average LP units outstanding 294 242
Diluted income (loss) per LP unit    
Diluted income per LP unit $ 1.06 $ 0.65
Diluted weighted average LP units outstanding 299 245
Distributions declared per LP unit $ 2.00 $ 2.00