Debt

3 Months Ended

Mar. 31, 2023

Debt Disclosure [Abstract]

Debt

11.  Debt

Debt consists of the following:

	March 31,		December 31,
	2023		2022
	(in millions)
Holding Company:
4.750% senior unsecured notes due 2024	$	1,103	$	1,103
6.375% senior unsecured notes due 2025		749		749
6.250% senior unsecured notes due 2026		1,250		1,250
5.250% senior unsecured notes due 2027		1,460		1,460
4.375% senior unsecured notes due 2029		747		747
		5,309		5,309
Reporting Segments:
Energy		1,590		1,591
Automotive		18		21
Food Packaging		164		162
Real Estate		1		1
Home Fashion		9		12
		1,782		1,787
Total Debt	$	7,091	$	7,096

Holding Company

In February 2022, we redeemed all of our $500 million aggregate principal amount of 6.750% senior unsecured notes due 2024 at par. As a result of this transaction, Icahn Enterprises recorded a loss on extinguishment of debt of $1 million during the three months ended March 31, 2022.

Covenants

We and all of our subsidiaries are currently in compliance with all covenants and restrictions as described in the various executed agreements and contracts with respect to each debt instrument. These covenants include limitations on indebtedness, liens, investments, acquisitions, asset sales, dividends and other restricted payments and affiliate and extraordinary transactions.

Non-Cash Charges to Interest Expense

The amortization of deferred financing costs and debt discounts and premiums included in interest expense in the condensed consolidated statements of operations were less than $1 million and $1 million for the three months ended March 31, 2023 and 2022, respectively.