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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenues:        
Net sales $ 2,684 $ 3,796 $ 5,442 $ 6,764
Other revenues from operations 198 197 385 365
Net (loss) gain from investment activities (500) (442) (943) 497
Interest and dividend income 167 50 338 92
Other loss, net (9) (98) (41) (122)
Total revenues 2,540 3,503 5,181 7,596
Expenses:        
Cost of goods sold 2,310 3,174 4,570 5,712
Other expenses from operations 160 148 318 285
Selling, general and administrative 215 315 444 616
Impairment on related party note receivable 116   116  
Loss on deconsolidation of subsidiary 20   246  
Interest expense 136 151 278 285
Total Expenses 2,957 3,788 5,972 6,898
(Loss) income before income tax (expense) benefit (417) (285) (791) 698
Income tax (expense) benefit (2) (2) 14 (100)
Net (loss) income (419) (287) (777) 598
Less: net (loss) income attributable to non-controlling interests (150) (159) (238) 403
Net (loss) income attributable to Icahn Enterprises (269) (128) (539) 195
Net (loss) income attributable to Icahn Enterprises allocated to:        
Limited partners (264) (125) (528) 191
General partner (5) (3) (11) 4
Net Income (Loss) $ (269) $ (128) $ (539) $ 195
Basic (loss) income per LP unit:        
Basic (loss) income per LP unit $ (0.72) $ (0.41) $ (1.46) $ 0.64
Basic weighted average LP units outstanding 367 306 361 300
Diluted (loss) income per LP unit:        
Diluted (loss) income per LP unit $ (0.72) $ (0.41) $ (1.46) $ 0.64
Diluted weighted average LP units outstanding 367 306 361 300
Distributions declared per LP unit $ 2.00 $ 2.00 $ 4.00 $ 4.00