Segment and Geographic Reporting (Tables)

12 Months Ended

Dec. 31, 2023

Disaggregation of Revenue [Line Items]

Schedule of Condensed Income Statement by Segment

	Year Ended December 31, 2023
	Investment		Energy		Automotive		Food Packaging		Real Estate		Home Fashion		Pharma		Holding Company		Consolidated
	(in millions)
Revenues:
Net sales	$	—	$	9,247	$	1,047	$	446	$	69	$	175	$	93	$	—	$	11,077
Other revenues from operations		—		—		694		—		73		—		3		—		770
Net loss from investment activities		(1,575)		—		—		—		—		—		—		—		(1,575)
Interest and dividend income		497		38		3		—		—		—		1		97		636
(Loss) gain on disposition of assets, net		—		(2)		10		—		—		—		—		—		8
Other (loss) gain, net		(87)		14		—		(11)		1		—		1		13		(69)
		(1,165)		9,297		1,754		435		143		175		98		110		10,847
Expenses:
Cost of goods sold		—		8,019		714		352		48		138		56		—		9,327
Other expenses from operations		—		—		581		—		62		—		—		—		643
Selling, general and administrative		26		168		465		54		17		41		45		36		852
Restructuring, net		—		—		—		—		—		1		—		—		1
Impairment		—		—		7		—		—		—		—		—		7
Credit loss on notes receivable		—		—		—		—		—		—		—		139		139
Loss on deconsolidation		—		—		—		—		—		—		—		246		246
Interest expense		162		90		3		12		—		1		—		286		554
		188		8,277		1,770		418		127		181		101		707		11,769
(Loss) income from continuing operations before income tax (expense) benefit		(1,353)		1,020		(16)		17		16		(6)		(3)		(597)		(922)
Income tax (expense) benefit		—		(189)		10		(4)		—		—		—		93		(90)
Net (loss) income		(1,353)		831		(6)		13		16		(6)		(3)		(504)		(1,012)
Less: net (loss) income from continuing operations attributable to non-controlling interests		(652)		323		—		1		—		—		—		—		(328)
Net (loss) income from continuing operations attributable to Icahn Enterprises	$	(701)	$	508	$	(6)	$	12	$	16	$	(6)	$	(3)	$	(504)	$	(684)
Supplemental information:
Capital expenditures	$	—	$	205	$	79	$	14	$	3	$	2	$	—	$	—	$	303
Depreciation and amortization	$	—	$	363	$	81	$	25	$	13	$	7	$	28	$	1	$	518

	Year Ended December 31, 2022
	Investment		Energy		Automotive		Food Packaging		Real Estate		Home Fashion		Pharma		Holding Company		Consolidated
	(in millions)
Revenues:
Net sales	$	—	$	10,896	$	1,707	$	431	$	61	$	217	$	66	$	—	$	13,378
Other revenues from operations		—		—		687		—		57		—		4		—		748
Net (loss) gain from investment activities		(216)		—		—		—		—		—		—		48		(168)
Interest and dividend income		288		8		—		—		—		—		1		31		328
(Loss) gain on disposition of assets, net		—		(11)		3		—		—		—		—		—		(8)
Other (loss) gain, net		(95)		(78)		1		(5)		—		—		1		(1)		(177)
		(23)		10,815		2,398		426		118		217		72		78		14,101
Expenses:
Cost of goods sold		—		9,811		1,247		357		40		186		48		—		11,689
Other expenses from operations		—		—		528		—		55		—		—		—		583
Selling, general and administrative		27		176		867		52		16		48		42		22		1,250
Restructuring, net		—		—		—		—		—		2		—		—		2
Impairment		—		—		—		—		—		—		—		—		—
Interest expense		173		92		2		8		—		3		—		290		568
		200		10,079		2,644		417		111		239		90		312		14,092
(Loss) income from continuing operations before income tax (expense) benefit		(223)		736		(246)		9		7		(22)		(18)		(234)		9
Income tax (expense) benefit		—		(140)		54		(7)		—		—		—		59		(34)
Net (loss) income		(223)		596		(192)		2		7		(22)		(18)		(175)		(25)
Less: net (loss) income from continuing operations attributable to non-controlling interests		(134)		292		—		—		—		—		—		—		158
Net (loss) income from continuing operations attributable to Icahn Enterprises	$	(89)	$	304	$	(192)	$	2	$	7	$	(22)	$	(18)	$	(175)	$	(183)
Supplemental information:
Capital expenditures	$	—	$	191	$	114	$	22	$	9	$	2	$	—	$	—	$	338
Depreciation and amortization	$	—	$	353	$	80	$	27	$	13	$	7	$	28	$	1	$	509

	Year Ended December 31, 2021
	Investment		Energy		Automotive		Food Packaging		Real Estate		Home Fashion		Pharma		Metals		Holding Company		Consolidated
	(in millions)
Revenues:
Net sales	$	—	$	7,242	$	1,789	$	416	$	55	$	197	$	81	$	524	$	—	$	10,304
Other revenues from operations		—		—		605		—		38		—		4		—		—		647
Net gain (loss) from investment activities		145		81		—		—		—		—		—		—		(33)		193
Interest and dividend income		132		—		—		—		—		—		—		—		5		137
(Loss) gain on disposition of assets, net		—		(3)		(22)		—		3		—		—		163		—		141
Other (loss) income, net		(75)		7		(2)		(14)		—		—		—		(3)		3		(84)
		202		7,327		2,370		402		96		197		85		684		(25)		11,338
Expenses:
Cost of goods sold		—		7,069		1,339		343		44		159		50		481		—		9,485
Other expenses from operations		—		—		475		—		47		—		—		—		—		522
Selling, general and administrative		16		147		877		50		13		46		38		16		35		1,238
Restructuring, net		—		—		4		1		—		—		—		—		—		5
Impairment		—		—		—		—		—		—		—		—		—		—
Interest expense		218		109		7		6		—		2		—		1		323		666
		234		7,325		2,702		400		104		207		88		498		358		11,916
(Loss) income from continuing operations before income tax benefit (expense)		(32)		2		(332)		2		(8)		(10)		(3)		186		(383)		(578)
Income tax benefit (expense)		—		27		72		(4)		—		2		—		—		(19)		78
Net (loss) income from continuing operations		(32)		29		(260)		(2)		(8)		(8)		(3)		186		(402)		(500)
Less: net (loss) income from continuing operations attributable to non-controlling interests		(16)		34		—		—		—		—		—		—		—		18
Net (loss) income from continuing operations attributable to Icahn Enterprises	$	(16)	$	(5)	$	(260)	$	(2)	$	(8)	$	(8)	$	(3)	$	186	$	(402)	$	(518)
Supplemental information:
Capital expenditures	$	—	$	224	$	48	$	17	$	10	$	3	$	—	$	3	$	—	$	305
Depreciation and amortization	$	—	$	343	$	87	$	28	$	9	$	7	$	28	$	14	$	1	$	517

Schedule of Condensed Financial Statements by Segment

	December 31, 2023
	Investment		Energy		Automotive		Food Packaging		Real Estate		Home Fashion		Pharma		Holding Company		Consolidated
	(in millions)
ASSETS
Cash and cash equivalents	$	23	$	1,179	$	104	$	8	$	22	$	5	$	26	$	1,584	$	2,951
Cash held at consolidated affiliated partnerships and restricted cash		2,799		7		9		—		4		3		—		173		2,995
Investments		2,898		100		—		—		14		—		—		—		3,012
Accounts receivable, net		—		286		41		89		16		26		27		—		485
Related party note receivable		—		—		—		—		—		—		—		11		11
Inventories		—		604		228		111		—		81		23		—		1,047
Property, plant and equipment, net		—		2,594		822		134		363		52		—		4		3,969
Goodwill and intangible assets, net		—		179		335		23		—		19		198		—		754
Other assets		4,425		310		480		101		69		17		8		224		5,634
Total assets	$	10,145	$	5,259	$	2,019	$	466	$	488	$	203	$	282	$	1,996	$	20,858
LIABILITIES AND EQUITY
Accounts payable, accrued expenses and other liabilities	$	1,312	$	1,553	$	890	$	148	$	43	$	42	$	55	$	62	$	4,105
Securities sold, not yet purchased, at fair value		3,473		—		—		—		—		—		—		—		3,473
Debt		—		2,185		33		133		1		8		—		4,847		7,207
Total liabilities		4,785		3,738		923		281		44		50		55		4,909		14,785
Equity attributable to Icahn Enterprises		3,243		795		1,096		168		439		153		227		(2,913)		3,208
Equity attributable to non-controlling interests		2,117		726		—		17		5		—		—		—		2,865
Total equity		5,360		1,521		1,096		185		444		153		227		(2,913)		6,073
Total liabilities and equity	$	10,145	$	5,259	$	2,019	$	466	$	488	$	203	$	282	$	1,996	$	20,858

	December 31, 2022
	Investment		Energy		Automotive		Food Packaging		Real Estate		Home Fashion		Pharma		Holding Company		Consolidated
	(in millions)
ASSETS
Cash and cash equivalents	$	19	$	510	$	32	$	9	$	26	$	5	$	16	$	1,720	$	2,337
Cash held at consolidated affiliated partnerships and restricted cash		2,455		7		10		—		8		3		—		66		2,549
Investments		6,719		76		—		—		14		—		—		—		6,809
Accounts receivable, net		—		358		99		87		12		24		26		—		606
Inventories		—		624		686		103		—		90		28		—		1,531
Property, plant and equipment, net		—		2,664		826		142		345		56		—		5		4,038
Goodwill and intangible assets, net		—		200		352		24		—		19		226		—		821
Other assets		8,041		296		527		110		102		16		6		125		9,223
Total assets	$	17,234	$	4,735	$	2,532	$	475	$	507	$	213	$	302	$	1,916	$	27,914
LIABILITIES AND EQUITY
Accounts payable, accrued expenses and other liabilities	$	1,589	$	1,823	$	981	$	149	$	47	$	45	$	61	$	70	$	4,765
Securities sold, not yet purchased, at fair value		6,495		—		—		—		—		—		—		—		6,495
Debt		—		1,591		21		162		1		12		—		5,309		7,096
Total liabilities		8,084		3,414		1,002		311		48		57		61		5,379		18,356
Equity attributable to Icahn Enterprises		4,184		648		1,530		149		455		156		241		(3,463)		3,900
Equity attributable to non-controlling interests		4,966		673		—		15		4		—		—		—		5,658
Total equity		9,150		1,321		1,530		164		459		156		241		(3,463)		9,558
Total liabilities and equity	$	17,234	$	4,735	$	2,532	$	475	$	507	$	213	$	302	$	1,916	$	27,914

Geographic Information

														Property, Plant and
		Net Sales						Other Revenues From Operations						Equipment, Net
		Year Ended December 31,						Year Ended December 31,						December 31,
		2023		2022		2021		2023		2022		2021		2023		2022
	(in millions)
United States		$	10,687	$	12,988	$	9,924	$	742	$	722	$	636	$	3,844	$	3,921
International			390		390		380		28		26		11		125		117
		$	11,077	$	13,378	$	10,304	$	770	$	748	$	647	$	3,969	$	4,038

Energy

Disaggregation of Revenue [Line Items]

Disaggregation of Revenue

	Year Ended December 31,
	2023		2022		2021
	(in millions)
Petroleum products	$	8,566	$	10,060	$	6,709
Nitrogen fertilizer products		681		836		533
	$	9,247	$	10,896	$	7,242

Automotive Segment

Disaggregation of Revenue [Line Items]

Disaggregation of Revenue

	Year Ended December 31,
	2023		2022		2021
	(in millions)
Automotive Services	$	1,548	$	1,552	$	1,377
Aftermarket Parts sales		137		797		1,007
Total revenue from customers		1,685		2,349		2,384
Lease revenue outside scope ASC 606		56		45		10
Total Automotive net sales and other revenues from operations	$	1,741	$	2,394	$	2,394