| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Impairment | NaN | 27 | 3 | 10 |
| Net loss | -563 | 44 | 411 | -781 |
| Net loss from securities transactions | -105 | 355 | 140 | -172 |
| Purchases of securities | 25 | 146 | 157 | 1,069 |
| Proceeds from sales of securities | 744 | 191 | 489 | 1,310 |
| Payments to cover securities sold, not yet purchased | 941 | 0 | 46 | 727 |
| Proceeds from securities sold, not yet purchased | 60 | 42 | 302 | 268 |
| Changes in receivables and payables relating to securities transactions | -744 | -44 | 478 | -363 |
| Changes in derivative assets and liabilities | -193 | 398 | 68 | -320 |
| (gain) loss on disposition of assets, net | -2 | -15 | 218 | 44 |
| Depreciation and amortization | 123 | 195 | 158 | 250 |
| Deferred taxes | 53 | -4 | -122 | 117 |
| Other, net | 36 | -10 | 55 | -14 |
| Accounts receivable, net | NaN | -86 | NaN | NaN |
| Inventories | NaN | -28 | NaN | NaN |
| Other assets | NaN | 318 | NaN | NaN |
| Accounts payable | NaN | -135 | NaN | NaN |
| Accrued expenses and other liabilities | NaN | -1 | NaN | NaN |
| Changes in other operating assets and liabilities | -238 | NaN | 418 | -152 |
| Net cash provided by (used in) operating activities | 397 | -421 | 15 | 93 |
| Return of equity method investment | NaN | NaN | 1 | 5 |
| Turnaround expenditures | NaN | 1 | 5 | 191 |
| Proceeds from disposition of businesses and assets | NaN | 8 | 60 | 52 |
| Proceeds from sale of equity method investment | NaN | NaN | NaN | 9 |
| Capital expenditures | 114 | 75 | 82 | 184 |
| Partnership contributions | NaN | 40 | 11 | 34 |
| Other, net | -4 | -9 | -2 | -5 |
| Partnership distributions | NaN | 55 | 79 | 154 |
| Net cash used in investing activities | -110 | -65 | -33 | -304 |
| Investment segment distributions to non-controlling interests | -175 | 0 | -310 | -216 |
| Repurchase of senior notes held in treasury | NaN | 0 | 14 | 32 |
| Purchase of additional interests in consolidated subsidiaries | 16 | 0 | 0 | 72 |
| Dividends and distributions to non-controlling interests in subsidiaries | 2 | 26 | 20 | 31 |
| Proceeds from holding company senior notes | NaN | 0 | 495 | NaN |
| Proceeds from reverse recapitalization | 40 | NaN | NaN | NaN |
| Repayments of holding company senior notes | 240 | 0 | 479 | NaN |
| Proceeds from subsidiary borrowings | 1,007 | 9 | -3 | 12 |
| Repayments of subsidiary borrowings | 983 | 81 | 21 | 87 |
| Other, net | -43 | -11 | -11 | -4 |
| Net cash used in financing activities | -412 | -124 | -431 | -550 |
| Effect of exchange rate changes on cash and cash equivalents and restricted cash and restricted cash equivalents | NaN | NaN | -2 | -2 |
| Net decrease in cash and cash equivalents and restricted cash and restricted cash equivalents | -125 | -606 | -451 | -763 |
| Cash and cash equivalents and restricted cash and restricted cash equivalents, beginning of period | 3,419 | 4,025 | 5,239 | NaN |
| Cash and cash equivalents and restricted cash and restricted cash equivalents, end of period | 3,294 | 3,419 | 4,025 | NaN |
ICAHN ENTERPRISES L.P. (IEP)
ICAHN ENTERPRISES L.P. (IEP)