v3.26.1
Segment Reporting - Condensed Statements of Operations (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Net sales $ 3,081 $ 2,143 $ 5,392 $ 4,145
Other revenues from operations 175 172 336 340
Net loss from investment activities (334) (74) (636) (468)
Interest and dividend income 49 69 96 152
(Loss) gain on disposition of assets, net (1) 47 (3) 44
Other income (loss), net 5 12 (4) 23
Total revenues 2,975 2,369 5,181 4,236
Cost of goods sold 2,883 2,118 5,223 4,134
Other expenses from operations 147 154 288 305
Dividend expense 5 7 10 15
Selling, general and administrative 203 207 412 408
Impairment   2   12
Restructuring, net 2 (2) 2 5
Interest expense 121 129 244 257
Total Expenses 3,361 2,615 6,179 5,136
(Loss) income before income tax (expense) benefit (386) (246) (998) (900)
Income tax (expense) benefit (2) 45 47 119
Net (loss) income (388) (201) (951) (781)
Less: net loss (income) attributable to non-controlling interests (33) (36) (137) (194)
Net income (loss) attributable to Icahn Enterprises (355) (165) (814) (587)
Capital expenditures 80 96 194 184
Depreciation and amortization 124 132 $ 247 250
Number of reportable segments not disclosed     true  
Investment Segment        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Net loss from investment activities (334) (74) $ (634) (468)
Interest and dividend income 31 46 62 101
Other income (loss), net   8   15
Total revenues (303) (20) (572) (352)
Dividend expense 5 7 10 15
Selling, general and administrative 2 3 6 7
Interest expense 2 4 3 10
Total Expenses 9 14 19 32
(Loss) income before income tax (expense) benefit (312) (34) (591) (384)
Net (loss) income (312) (34) (591) (384)
Less: net loss (income) attributable to non-controlling interests (74) (18) (143) (144)
Net income (loss) attributable to Icahn Enterprises (238) (16) (448) (240)
Energy Segment        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Net sales 2,738 1,761 4,718 3,407
Interest and dividend income 6 6 11 16
(Loss) gain on disposition of assets, net (2) 1 (3)  
Other income (loss), net 3 1 (14) 3
Total revenues 2,745 1,769 4,712 3,426
Cost of goods sold 2,632 1,839 4,727 3,587
Selling, general and administrative 41 42 88 86
Interest expense 32 36 63 71
Total Expenses 2,705 1,917 4,878 3,744
(Loss) income before income tax (expense) benefit 40 (148) (166) (318)
Income tax (expense) benefit (6) 46 27 99
Net (loss) income 34 (102) (139) (219)
Less: net loss (income) attributable to non-controlling interests 41 (18) 7 (49)
Net income (loss) attributable to Icahn Enterprises (7) (84) (146) (170)
Capital expenditures 43 41 90 92
Depreciation and amortization 95 94 191 178
Automotive Segment        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Net sales 199 209 386 407
Other revenues from operations 154 154 296 305
Interest and dividend income   1   2
(Loss) gain on disposition of assets, net 1 (2)   (4)
Total revenues 354 362 682 710
Cost of goods sold 135 144 258 288
Other expenses from operations 124 137 246 272
Selling, general and administrative 109 113 218 218
Interest expense   1 1 2
Total Expenses 368 395 723 780
(Loss) income before income tax (expense) benefit (14) (33) (41) (70)
Income tax (expense) benefit 4 8 11 18
Net (loss) income (10) (25) (30) (52)
Net income (loss) attributable to Icahn Enterprises (10) (25) (30) (52)
Capital expenditures 21 22 68 46
Depreciation and amortization 12 17 24 34
Food Packaging Segment        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Net sales 90 97 177 191
Other income (loss), net     1 2
Total revenues 90 97 178 193
Cost of goods sold 78 85 156 165
Selling, general and administrative 13 13 26 25
Impairment   2   12
Restructuring, net 1 (2) 1 5
Interest expense 3 3 6 6
Total Expenses 95 101 189 213
(Loss) income before income tax (expense) benefit (5) (4) (11) (20)
Income tax (expense) benefit (1) 1 (2) 3
Net (loss) income (6) (3) (13) (17)
Less: net loss (income) attributable to non-controlling interests     (1) (1)
Net income (loss) attributable to Icahn Enterprises (6) (3) (12) (16)
Capital expenditures 7 9 16 16
Depreciation and amortization 5 5 9 10
Real Estate Segment        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Net sales   1 3 1
Other revenues from operations 19 17 37 34
Interest and dividend income 5   9  
(Loss) gain on disposition of assets, net   48   48
Other income (loss), net 3 1 10 1
Total revenues 27 67 59 84
Cost of goods sold   1 3 1
Other expenses from operations 23 17 42 33
Selling, general and administrative 5 6 10 11
Total Expenses 28 24 55 45
(Loss) income before income tax (expense) benefit (1) 43 4 39
Net (loss) income (1) 43 4 39
Net income (loss) attributable to Icahn Enterprises (1) 43 4 39
Capital expenditures 9 21 19 25
Depreciation and amortization 8 7 16 11
Home Fashion Segment        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Net sales 39 42 78 83
Other income (loss), net (1)   (1) (1)
Total revenues 38 42 77 82
Cost of goods sold 29 33 61 64
Selling, general and administrative 11 10 21 21
Interest expense   1 1 1
Total Expenses 40 44 83 86
(Loss) income before income tax (expense) benefit (2) (2) (6) (4)
Net (loss) income (2) (2) (6) (4)
Net income (loss) attributable to Icahn Enterprises (2) (2) (6) (4)
Capital expenditures   3 1 5
Depreciation and amortization 2 2 3 3
Pharma Segment        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Net sales 15 33 30 56
Other revenues from operations 2 1 3 1
Interest and dividend income   1   1
Other income (loss), net   (1)    
Total revenues 17 34 33 58
Cost of goods sold 9 16 18 29
Selling, general and administrative 14 14 28 27
Restructuring, net 1   1  
Total Expenses 24 30 47 56
(Loss) income before income tax (expense) benefit (7) 4 (14) 2
Net (loss) income (7) 4 (14) 2
Net income (loss) attributable to Icahn Enterprises (7) 4 (14) 2
Depreciation and amortization 2 7 4 14
Holding Company        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Net loss from investment activities     (2)  
Interest and dividend income 7 15 14 32
Other income (loss), net   3   3
Total revenues 7 18 12 35
Selling, general and administrative 8 6 15 13
Interest expense 84 84 170 167
Total Expenses 92 90 185 180
(Loss) income before income tax (expense) benefit (85) (72) (173) (145)
Income tax (expense) benefit 1 (10) 11 (1)
Net (loss) income (84) (82) (162) (146)
Net income (loss) attributable to Icahn Enterprises $ (84) $ (82) $ (162) $ (146)