2019 Q3 Form 10-Q Financial Statement

#000081376219000046 Filed on August 06, 2019

View on sec.gov

Income Statement

Concept 2019 Q3 2019 Q2 2018 Q4
Revenue $2.320B $2.196B $2.802B
YoY Change -9.69% -35.85% 12.89%
Cost Of Revenue $2.069B $2.129B $2.216B
YoY Change -14.01% -15.18% 6.33%
Gross Profit $415.0M $459.0M $362.0M
YoY Change -6.32% 17.09% 168.15%
Gross Profit Margin 17.89% 20.9% 12.92%
Selling, General & Admin $352.0M $339.0M $374.0M
YoY Change 6.99% -1.74% 15.43%
% of Gross Profit 84.82% 73.86% 103.31%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $129.0M $137.0M $125.0M
YoY Change 3.2% 5.38% 83.82%
% of Gross Profit 31.08% 29.85% 34.53%
Operating Expenses $352.0M $339.0M $506.0M
YoY Change 6.99% -1.74% 35.66%
Operating Profit $63.00M $120.0M -$144.0M
YoY Change -44.74% 155.32% -39.5%
Interest Expense $153.0M $151.0M -$83.00M
YoY Change 22.4% 26.89% -10.75%
% of Operating Profit 242.86% 125.83%
Other Income/Expense, Net $5.000M $15.00M $5.000M
YoY Change 400.0% -266.67% -266.67%
Pretax Income -$399.0M -$565.0M -$143.0M
YoY Change -3.16% -243.4% -68.08%
Income Tax -$26.00M $8.000M $63.00M
% Of Pretax Income
Net Earnings -$49.00M -$498.0M $930.0M
YoY Change -141.53% -264.9% 212.08%
Net Earnings / Revenue -2.11% -22.68% 33.19%
Basic Earnings Per Share
Diluted Earnings Per Share -$237.6K -$2.490M $8.054M
COMMON SHARES
Basic Shares Outstanding 201.6M shares 196.2M shares 186.7M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2019 Q3 2019 Q2 2018 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.879B $4.672B $5.338B
YoY Change 109.22% 281.39% 162.96%
Cash & Equivalents $3.266B $4.008B $2.656B
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory $1.817B $1.851B $1.779B
Prepaid Expenses
Receivables $500.0M $508.0M $474.0M
Other Receivables $842.0M $1.280B $664.0M
Total Short-Term Assets $7.038B $8.311B $8.255B
YoY Change 45.02% 98.26% 66.67%
LONG-TERM ASSETS
Property, Plant & Equipment $4.592B $4.630B $4.688B
YoY Change -25.68% -25.96% -9.6%
Goodwill $281.0M $277.0M $247.0M
YoY Change -16.37% -17.56% -24.46%
Intangibles $449.0M $465.0M $501.0M
YoY Change -12.48% -10.75% -7.9%
Long-Term Investments $9.437B $8.858B $8.337B
YoY Change 1.13% 1.75% -16.95%
Other Assets $400.0M $0.00
YoY Change -95.49% -100.0%
Total Long-Term Assets $16.22B $16.04B $15.23B
YoY Change -37.91% -38.31% -43.26%
TOTAL ASSETS
Total Short-Term Assets $7.038B $8.311B $8.255B
Total Long-Term Assets $16.22B $16.04B $15.23B
Total Assets $23.26B $24.35B $23.49B
YoY Change -24.92% -19.35% -26.14%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.009B $855.0M $973.0M
YoY Change -20.43% -13.11% -52.72%
Accrued Expenses $2.342B $1.502B $900.0M
YoY Change 119.08% 48.86% -12.88%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $3.351B $2.357B $1.873B
YoY Change 43.39% 18.26% -39.4%
LONG-TERM LIABILITIES
Long-Term Debt $7.449B $8.658B $7.326B
YoY Change -5.79% 9.87% -7.48%
Other Long-Term Liabilities $684.0M $1.212B $616.0M
YoY Change -91.01% -82.62% -92.75%
Total Long-Term Liabilities $8.133B $9.870B $7.942B
YoY Change -47.58% -33.55% -51.63%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.351B $2.357B $1.873B
Total Long-Term Liabilities $8.133B $9.870B $7.942B
Total Liabilities $12.11B $12.90B $10.51B
YoY Change -35.03% -27.28% -48.57%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $5.633B $5.691B $6.560B
YoY Change
Total Liabilities & Shareholders Equity $23.26B $24.35B $23.49B
YoY Change -24.92% -19.35% -26.14%

Cashflow Statement

Concept 2019 Q3 2019 Q2 2018 Q4
OPERATING ACTIVITIES
Net Income -$49.00M -$498.0M $930.0M
YoY Change -141.53% -264.9% 212.08%
Depreciation, Depletion And Amortization $129.0M $137.0M $125.0M
YoY Change 3.2% 5.38% 83.82%
Cash From Operating Activities -$69.00M -$1.566B $603.0M
YoY Change -108.04% -2107.69% -241.88%
INVESTING ACTIVITIES
Capital Expenditures $63.00M $67.00M -$79.00M
YoY Change -5.97% 4.69% -564.71%
Acquisitions
YoY Change
Other Investing Activities $447.0M $0.00 $3.138B
YoY Change -44800.0% -100.0% 4961.29%
Cash From Investing Activities $384.0M -$67.00M $3.059B
YoY Change -664.71% -65.99% 3772.15%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -1.108B 1.243B -79.00M
YoY Change 726.87% -835.5% -43.57%
NET CHANGE
Cash From Operating Activities -69.00M -1.566B 603.0M
Cash From Investing Activities 384.0M -67.00M 3.059B
Cash From Financing Activities -1.108B 1.243B -79.00M
Net Change In Cash -793.0M -390.0M 3.583B
YoY Change -220.88% 35.42% -837.24%
FREE CASH FLOW
Cash From Operating Activities -$69.00M -$1.566B $603.0M
Capital Expenditures $63.00M $67.00M -$79.00M
Free Cash Flow -$132.0M -$1.633B $682.0M
YoY Change -116.69% -11764.29% -254.3%

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us-gaap Net Income Loss
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us-gaap Income Loss From Continuing Operations
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us-gaap Income Loss From Continuing Operations
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us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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CY2019Q2 us-gaap Net Income Loss
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us-gaap Net Income Loss
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us-gaap Net Income Loss
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CY2019Q2 us-gaap Net Income Loss Allocated To Limited Partners
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CY2018Q2 us-gaap Net Income Loss Allocated To Limited Partners
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us-gaap Net Income Loss Allocated To Limited Partners
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us-gaap Net Income Loss Allocated To Limited Partners
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CY2019Q2 us-gaap Net Income Loss Allocated To General Partners
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CY2018Q2 us-gaap Net Income Loss Allocated To General Partners
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us-gaap Net Income Loss Allocated To General Partners
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us-gaap Net Income Loss Allocated To General Partners
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CY2019Q2 us-gaap Net Income Loss
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us-gaap Net Income Loss
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us-gaap Net Income Loss
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us-gaap Income Loss From Continuing Operations Per Outstanding Limited Partnership Unit Basic Net Of Tax
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us-gaap Income Loss From Continuing Operations Per Outstanding Limited Partnership Unit Basic Net Of Tax
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us-gaap Income Loss From Discontinued Operations Net Of Tax Per Outstanding Limited Partnership Unit Basic
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us-gaap Income Loss From Discontinued Operations Net Of Tax Per Outstanding Limited Partnership Unit Basic
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us-gaap Net Income Loss Per Outstanding Limited Partnership Unit Basic Net Of Tax
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us-gaap Net Income Loss Per Outstanding Limited Partnership Unit Basic Net Of Tax
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CY2019Q2 us-gaap Weighted Average Limited Partnership Units Outstanding
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CY2018Q2 us-gaap Weighted Average Limited Partnership Units Outstanding
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us-gaap Weighted Average Limited Partnership Units Outstanding
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us-gaap Weighted Average Limited Partnership Units Outstanding
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us-gaap Distributions Per Limited Partnership Unit Outstanding
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us-gaap Distributions Per Limited Partnership Unit Outstanding
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us-gaap Profit Loss
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us-gaap Profit Loss
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us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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iep Othercomprehensiveincomelossdefinedbenefitplansnetoftax
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CY2019Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
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CY2018Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
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us-gaap Other Comprehensive Income Loss Net Of Tax
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us-gaap Other Comprehensive Income Loss Net Of Tax
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CY2019Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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CY2018Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
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CY2019Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
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CY2018Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
266000000 USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
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us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
549000000 USD
CY2019Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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CY2018Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
208000000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
380000000 USD
CY2019Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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CY2018Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
208000000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
380000000 USD
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2019Q1 us-gaap Profit Loss
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CY2019Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2019Q2 us-gaap Profit Loss
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CY2019Q2 iep Temporaryequityreversalofdistributionpayable
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CY2019Q2 us-gaap Partners Capital Account Contributions
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CY2019Q2 iep Investmentsegmentcontributions
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CY2019Q2 iep Noncontrollinginterestdecreasefromdividendsanddistributionstononcontrollinginterests
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CY2019Q2 us-gaap Stockholders Equity Other
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CY2019Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2018Q1 iep Temporaryequitydividendpayable
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CY2018Q1 iep Investmentsegmentcontributions
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CY2018Q1 iep Noncontrollinginterestdecreasefromdividendsanddistributionstononcontrollinginterests
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CY2018Q1 us-gaap Cumulative Effect On Retained Earnings Net Of Tax1
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CY2018Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2018Q2 us-gaap Profit Loss
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CY2018Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
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CY2018Q2 iep Temporaryequityreversalofdistributionpayable
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CY2018Q2 us-gaap Partners Capital Account Distributions
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CY2018Q2 us-gaap Stockholders Equity Other
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CY2018Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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us-gaap Profit Loss
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us-gaap Profit Loss
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us-gaap Income Loss From Discontinued Operations Net Of Tax
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us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
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us-gaap Gain Loss On Investments
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81000000 USD
us-gaap Gain Loss On Investments
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us-gaap Payments To Acquire Marketable Securities
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us-gaap Payments To Acquire Marketable Securities
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us-gaap Proceeds From Sale And Maturity Of Marketable Securities
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us-gaap Proceeds From Sale And Maturity Of Marketable Securities
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iep Purchases To Cover Securities Sold Not Yet Purchased
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iep Purchases To Cover Securities Sold Not Yet Purchased
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us-gaap Investment Sold Not Yet Purchased Sale Proceeds
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us-gaap Investment Sold Not Yet Purchased Sale Proceeds
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us-gaap Increase Decrease In Broker Dealer Related Receivables Payables Net
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702000000 USD
us-gaap Increase Decrease In Broker Dealer Related Receivables Payables Net
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1425000000 USD
us-gaap Depreciation Depletion And Amortization
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260000000 USD
us-gaap Depreciation Depletion And Amortization
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us-gaap Increase Decrease In Deferred Income Taxes
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40000000 USD
us-gaap Increase Decrease In Deferred Income Taxes
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us-gaap Other Operating Activities Cash Flow Statement
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12000000 USD
us-gaap Other Operating Activities Cash Flow Statement
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us-gaap Increase Decrease In Other Operating Capital Net
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us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
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us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
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us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Payments To Acquire Property Plant And Equipment
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us-gaap Payments To Acquire Property Plant And Equipment
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us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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us-gaap Payments To Acquire Investments
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us-gaap Payments To Acquire Investments
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us-gaap Proceeds From Sale Maturity And Collections Of Investments
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us-gaap Payments For Proceeds From Other Investing Activities
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us-gaap Payments For Proceeds From Other Investing Activities
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us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
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247000000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
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us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
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us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
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us-gaap Net Cash Provided By Used In Investing Activities
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247000000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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iep Proceedsfrom Investmentsegmentcontributions
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iep Proceedsfrom Investmentsegmentcontributions
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280000000 USD
us-gaap Proceeds From Partnership Contribution
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us-gaap Proceeds From Partnership Contribution
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us-gaap Payments Of Dividends
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us-gaap Payments Of Dividends
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us-gaap Payments To Acquire Additional Interest In Subsidiaries
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us-gaap Payments To Acquire Additional Interest In Subsidiaries
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us-gaap Payments Of Dividends Minority Interest
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us-gaap Payments Of Dividends Minority Interest
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us-gaap Proceeds From Issuance Of Unsecured Debt
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us-gaap Proceeds From Issuance Of Unsecured Debt
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us-gaap Proceeds From Other Debt
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us-gaap Proceeds From Other Debt
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us-gaap Repayments Of Debt And Capital Lease Obligations
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us-gaap Repayments Of Debt And Capital Lease Obligations
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us-gaap Proceeds From Payments For Other Financing Activities
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us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
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us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
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971000000 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
133000000 USD
us-gaap Cash Provided By Used In Financing Activities Discontinued Operations
CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations
0 USD
us-gaap Cash Provided By Used In Financing Activities Discontinued Operations
CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations
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us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
971000000 USD
us-gaap Net Cash Provided By Used In Financing Activities
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56000000 USD
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us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
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iep Net Change In Cash Of Assets Held For Sale
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iep Net Change In Cash Of Assets Held For Sale
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
5338000000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1911000000 USD
CY2019Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2018Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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us-gaap Reclassifications
Reclassifications
<div style="line-height:120%;padding-top:8px;text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Reclassifications</span></div><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:30px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Certain other reclassifications have been made within the condensed consolidated statements of operations to include gains and losses on derivatives within cost of goods sold for our Energy segment. Prior year balances have been reclassified to conform to the current year presentation. The reclassification of gain on derivatives from other income, net to costs of goods sold was </span><span style="font-family:inherit;font-size:10pt;"><span>$11 million</span></span><span style="font-family:inherit;font-size:10pt;"> and </span><span style="font-family:inherit;font-size:10pt;"><span>$70 million</span></span><span style="font-family:inherit;font-size:10pt;"> for the three and </span><span style="font-family:inherit;font-size:10pt;">six</span><span style="font-family:inherit;font-size:10pt;"> months ended </span><span style="font-family:inherit;font-size:10pt;">June 30, 2018</span><span style="font-family:inherit;font-size:10pt;">, respectively. These reclassifications did not have an impact on previously reported net income.</span></div><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:30px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">We have also recast certain historical results for discontinued operations, which we disclose in Note </span><span style="font-family:inherit;font-size:10pt;">13</span><span style="font-family:inherit;font-size:10pt;">, "</span><span style="font-family:inherit;font-size:10pt;">Discontinued Operations</span><span style="font-family:inherit;font-size:10pt;">." In addition, certain other reclassifications from the prior year presentation have been made to conform to the current year presentation, which did not have an impact on previously reported net income and equity and are not deemed material.</span></div>
CY2019Q2 us-gaap Debt And Capital Lease Obligations
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CY2019Q2 us-gaap Long Term Debt Fair Value
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CY2018Q4 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
7300000000 USD
CY2018Q4 us-gaap Long Term Debt Fair Value
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CY2018Q4 us-gaap Intangible Assets Net Excluding Goodwill
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501000000 USD
CY2019Q2 us-gaap Amortization Of Intangible Assets
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11000000 USD
CY2018Q2 us-gaap Amortization Of Intangible Assets
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12000000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
21000000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
24000000 USD
us-gaap Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
<div style="line-height:120%;padding-top:8px;text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Recently Issued Accounting Standards</span></div><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:30px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">In June 2016, the FASB issued ASU 2016-13, </span><span style="font-family:inherit;font-size:10pt;font-style:italic;">Measurement of Credit Losses on Financial Instruments</span><span style="font-family:inherit;font-size:10pt;">, which amends FASB ASC Topic 326, </span><span style="font-family:inherit;font-size:10pt;font-style:italic;">Financial Instruments - Credit Losses. </span><span style="font-family:inherit;font-size:10pt;">In addition, in May 2019, the FASB issued ASU 2019-05, </span><span style="font-family:inherit;font-size:10pt;font-style:italic;">Targeted Transition Relief</span><span style="font-family:inherit;font-size:10pt;">, which updates FASB ASU 2016-13. These ASU's require financial assets measured at amortized cost to be presented at the net amount to be collected and broadens the information, including forecasted information incorporating more timely information, that an entity must consider in developing its expected credit loss estimate for assets measured. These ASU's are effective for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years. Early application is permitted for fiscal years beginning after December 15, 2018. We are currently evaluating the impact of this standard on our consolidated financial statements.</span></div><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:30px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">In August 2018, the FASB issued ASU 2018-13, </span><span style="font-family:inherit;font-size:10pt;font-style:italic;">Disclosure Framework-Changes to the Disclosure Requirements for Fair Value Measurements</span><span style="font-family:inherit;font-size:10pt;">, which amends FASB ASC Topic 820, </span><span style="font-family:inherit;font-size:10pt;font-style:italic;">Fair Value Measurements</span><span style="font-family:inherit;font-size:10pt;">. This ASU eliminates, modifies and adds various disclosure requirements on fair value measurements. This ASU is effective for fiscal years beginning after December 15, 2019, and interim periods within those fiscal years. Certain disclosures are required to be applied using a retrospective </span></div><div style="line-height:120%;padding-top:8px;text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">approach and others using a prospective approach. Early adoption is permitted. We are currently evaluating the impact of this standard on our consolidated financial statements.</span></div><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:30px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">In August 2018, the FASB issued ASU 2018-15, </span><span style="font-family:inherit;font-size:10pt;font-style:italic;">Customer's Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That is a Service Contract</span><span style="font-family:inherit;font-size:10pt;">, which amends FASB ASC Subtopic 350-40, </span><span style="font-family:inherit;font-size:10pt;font-style:italic;">Intangibles-Goodwill and Other-Internal-Use Software</span><span style="font-family:inherit;font-size:10pt;">. This ASU adds certain disclosure requirements related to implementation costs incurred for internal-use software and cloud computing arrangements. The amendment aligns the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software (and hosting arrangements that include an internal-use software license). This ASU is effective for fiscal years beginning after December 15, 2019, and interim periods within those fiscal years. The amendments in this ASU should be applied either using a retrospective or prospective approach. Early adoption is permitted. We are currently evaluating the impact of this standard on our consolidated financial statements.</span></div>
CY2019Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
686000000 USD
CY2019Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
283000000 USD
CY2019Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
403000000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
712000000 USD
CY2019Q2 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
217000000 USD
CY2018Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
217000000 USD
CY2019Q2 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
98000000 USD
CY2018Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
70000000 USD
CY2019Q2 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
1536000000 USD
CY2018Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
1492000000 USD
CY2019Q2 us-gaap Inventory Net
InventoryNet
1851000000 USD
CY2018Q4 us-gaap Inventory Net
InventoryNet
1779000000 USD
CY2019Q2 us-gaap Goodwill Gross
GoodwillGross
364000000 USD
CY2019Q2 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
87000000 USD
CY2019Q2 us-gaap Goodwill
Goodwill
277000000 USD
CY2018Q4 us-gaap Goodwill Gross
GoodwillGross
334000000 USD
CY2018Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
87000000 USD
CY2018Q4 us-gaap Goodwill
Goodwill
247000000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
273000000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
439000000 USD
CY2019Q2 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
62000000 USD
CY2018Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
62000000 USD
CY2019Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
465000000 USD
CY2019Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
654000000 USD
CY2019Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
685000000 USD
CY2019Q2 us-gaap Operating Lease Expense
OperatingLeaseExpense
53000000 USD
CY2018Q2 us-gaap Operating Lease Expense
OperatingLeaseExpense
41000000 USD
us-gaap Operating Lease Expense
OperatingLeaseExpense
102000000 USD
us-gaap Operating Lease Expense
OperatingLeaseExpense
79000000 USD
CY2019Q2 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
2000000 USD
CY2018Q2 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
1000000 USD
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
6000000 USD
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
2000000 USD
CY2019Q2 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
2000000 USD
CY2018Q2 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
1000000 USD
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
4000000 USD
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
2000000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
98000000 USD
CY2019Q2 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
8000000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
172000000 USD
CY2019Q2 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
18000000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
149000000 USD
CY2019Q2 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
14000000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
128000000 USD
CY2019Q2 us-gaap Net Income Loss Per Outstanding Limited Partnership Unit Basic Net Of Tax
NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax
-2.49
CY2018Q2 us-gaap Net Income Loss Per Outstanding Limited Partnership Unit Basic Net Of Tax
NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax
1.66
CY2019Q2 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
13000000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
84000000 USD
CY2019Q2 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
12000000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
199000000 USD
CY2019Q2 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
68000000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
830000000 USD
CY2019Q2 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
133000000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
145000000 USD
CY2019Q2 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
40000000 USD
CY2019Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
685000000 USD
CY2019Q2 us-gaap Finance Lease Liability
FinanceLeaseLiability
93000000 USD
CY2019Q2 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
8658000000 USD
CY2018Q4 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
7326000000 USD
CY2019Q2 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
3000000 USD
CY2018Q2 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
1000000 USD
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
4000000 USD
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
2000000 USD
CY2019Q2 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-474000000 USD
CY2018Q2 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
148000000 USD
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-868000000 USD
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
246000000 USD
CY2019Q2 us-gaap Income Loss From Continuing Operations Per Outstanding Limited Partnership Unit Basic Net Of Tax
IncomeLossFromContinuingOperationsPerOutstandingLimitedPartnershipUnitBasicNetOfTax
-2.37
CY2018Q2 us-gaap Income Loss From Continuing Operations Per Outstanding Limited Partnership Unit Basic Net Of Tax
IncomeLossFromContinuingOperationsPerOutstandingLimitedPartnershipUnitBasicNetOfTax
0.81
us-gaap Income Loss From Continuing Operations Per Outstanding Limited Partnership Unit Basic Net Of Tax
IncomeLossFromContinuingOperationsPerOutstandingLimitedPartnershipUnitBasicNetOfTax
-4.39
us-gaap Income Loss From Continuing Operations Per Outstanding Limited Partnership Unit Basic Net Of Tax
IncomeLossFromContinuingOperationsPerOutstandingLimitedPartnershipUnitBasicNetOfTax
1.37
CY2019Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Outstanding Limited Partnership Unit Basic
IncomeLossFromDiscontinuedOperationsNetOfTaxPerOutstandingLimitedPartnershipUnitBasic
-0.12
CY2018Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Outstanding Limited Partnership Unit Basic
IncomeLossFromDiscontinuedOperationsNetOfTaxPerOutstandingLimitedPartnershipUnitBasic
0.85
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Outstanding Limited Partnership Unit Basic
IncomeLossFromDiscontinuedOperationsNetOfTaxPerOutstandingLimitedPartnershipUnitBasic
-0.12
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Outstanding Limited Partnership Unit Basic
IncomeLossFromDiscontinuedOperationsNetOfTaxPerOutstandingLimitedPartnershipUnitBasic
1.04
us-gaap Net Income Loss Per Outstanding Limited Partnership Unit Basic Net Of Tax
NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax
-4.51
CY2019Q2 us-gaap Costs And Expenses
CostsAndExpenses
2761000000 USD
CY2019Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-565000000 USD
us-gaap Net Income Loss Per Outstanding Limited Partnership Unit Basic Net Of Tax
NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax
2.41
CY2019Q2 us-gaap Weighted Average Limited Partnership Units Outstanding
WeightedAverageLimitedPartnershipUnitsOutstanding
196000000 shares
CY2018Q2 us-gaap Weighted Average Limited Partnership Units Outstanding
WeightedAverageLimitedPartnershipUnitsOutstanding
178000000 shares
us-gaap Weighted Average Limited Partnership Units Outstanding
WeightedAverageLimitedPartnershipUnitsOutstanding
194000000 shares
us-gaap Weighted Average Limited Partnership Units Outstanding
WeightedAverageLimitedPartnershipUnitsOutstanding
176000000 shares
CY2019Q1 us-gaap Distribution Made To Limited Partner Distributions Declared Per Unit
DistributionMadeToLimitedPartnerDistributionsDeclaredPerUnit
2.00
CY2019Q2 us-gaap Distribution Made To Limited Partner Distributions Declared Per Unit
DistributionMadeToLimitedPartnerDistributionsDeclaredPerUnit
2.00
us-gaap Distribution Made To Limited Partner Unit Distribution
DistributionMadeToLimitedPartnerUnitDistribution
10034190 shares
iep Aggregatecashdistributionstodepositaryunitholders
Aggregatecashdistributionstodepositaryunitholders
54000000 USD
CY2019Q2 iep Potentialaggregatesalesproceedsfromequityoffering
Potentialaggregatesalesproceedsfromequityoffering
400000000 USD
CY2019Q2 us-gaap Distribution Made To Limited Partner Unit Distribution
DistributionMadeToLimitedPartnerUnitDistribution
137524 shares
CY2019Q2 us-gaap Proceeds From Sale Of Interest In Partnership Unit
ProceedsFromSaleOfInterestInPartnershipUnit
10000000 USD
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
2831 shares
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
3087 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
13487 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
18158 shares
CY2019Q2 iep Netsales
Netsales
2588000000 USD
CY2019Q2 iep Otheroperatingrevenue
Otheroperatingrevenue
172000000 USD
CY2019Q2 us-gaap Gain Loss On Investments Excluding Other Than Temporary Impairments
GainLossOnInvestmentsExcludingOtherThanTemporaryImpairments
-637000000 USD
CY2019Q2 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
58000000 USD
CY2019Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
15000000 USD
CY2019Q2 us-gaap Revenues
Revenues
2196000000 USD
CY2019Q2 iep Costofgoodssoldnew
Costofgoodssoldnew
2129000000 USD
CY2019Q2 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
137000000 USD
CY2019Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
339000000 USD
CY2019Q2 us-gaap Restructuring Charges
RestructuringCharges
4000000 USD
CY2019Q2 us-gaap Asset Impairment Charges
AssetImpairmentCharges
1000000 USD
CY2019Q2 us-gaap Interest Expense
InterestExpense
151000000 USD
CY2019Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
8000000 USD
CY2019Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-573000000 USD
CY2019Q2 us-gaap Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
-99000000 USD
CY2019Q2 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-474000000 USD
CY2019Q2 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
67000000 USD
CY2019Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
137000000 USD
CY2018Q2 iep Netsales
Netsales
2819000000 USD
CY2018Q2 iep Otheroperatingrevenue
Otheroperatingrevenue
167000000 USD
CY2018Q2 us-gaap Gain Loss On Investments Excluding Other Than Temporary Impairments
GainLossOnInvestmentsExcludingOtherThanTemporaryImpairments
410000000 USD
CY2018Q2 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
36000000 USD
CY2018Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-9000000 USD
CY2018Q2 us-gaap Revenues
Revenues
3423000000 USD
CY2018Q2 iep Costofgoodssoldnew
Costofgoodssoldnew
2427000000 USD
CY2018Q2 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
134000000 USD
CY2018Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
345000000 USD
CY2018Q2 us-gaap Restructuring Charges
RestructuringCharges
1000000 USD
CY2018Q2 us-gaap Asset Impairment Charges
AssetImpairmentCharges
3000000 USD
CY2018Q2 us-gaap Interest Expense
InterestExpense
119000000 USD
CY2018Q2 us-gaap Costs And Expenses
CostsAndExpenses
3029000000 USD
CY2018Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
394000000 USD
CY2018Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-16000000 USD
CY2018Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
410000000 USD
CY2018Q2 us-gaap Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
262000000 USD
CY2018Q2 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
148000000 USD
CY2018Q2 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
64000000 USD
CY2018Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
130000000 USD
iep Netsales
Netsales
4888000000 USD
iep Otheroperatingrevenue
Otheroperatingrevenue
334000000 USD
us-gaap Gain Loss On Investments Excluding Other Than Temporary Impairments
GainLossOnInvestmentsExcludingOtherThanTemporaryImpairments
-1311000000 USD
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
122000000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
18000000 USD
us-gaap Revenues
Revenues
4051000000 USD
iep Costofgoodssoldnew
Costofgoodssoldnew
4029000000 USD
us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
268000000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
675000000 USD
us-gaap Restructuring Charges
RestructuringCharges
11000000 USD
us-gaap Asset Impairment Charges
AssetImpairmentCharges
1000000 USD
us-gaap Interest Expense
InterestExpense
290000000 USD
us-gaap Costs And Expenses
CostsAndExpenses
5274000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-1223000000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
14000000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-1237000000 USD
us-gaap Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
-369000000 USD
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-868000000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
132000000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
260000000 USD
iep Netsales
Netsales
5183000000 USD
iep Otheroperatingrevenue
Otheroperatingrevenue
325000000 USD
us-gaap Gain Loss On Investments Excluding Other Than Temporary Impairments
GainLossOnInvestmentsExcludingOtherThanTemporaryImpairments
842000000 USD
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
62000000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-6000000 USD
us-gaap Revenues
Revenues
6406000000 USD
iep Costofgoodssoldnew
Costofgoodssoldnew
4414000000 USD
us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
259000000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
683000000 USD
us-gaap Restructuring Charges
RestructuringCharges
3000000 USD
us-gaap Asset Impairment Charges
AssetImpairmentCharges
3000000 USD
us-gaap Interest Expense
InterestExpense
266000000 USD
us-gaap Costs And Expenses
CostsAndExpenses
5628000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
778000000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1000000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
777000000 USD
us-gaap Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
531000000 USD
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
246000000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
126000000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
258000000 USD
CY2019Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
4008000000 USD
CY2019Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
664000000 USD
CY2019Q2 us-gaap Investments
Investments
8858000000 USD
CY2019Q2 us-gaap Accounts Receivable Net
AccountsReceivableNet
508000000 USD
CY2019Q2 us-gaap Inventory Net
InventoryNet
1851000000 USD
CY2019Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
4630000000 USD
CY2019Q2 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
742000000 USD
CY2019Q2 us-gaap Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
400000000 USD
CY2019Q2 iep Other Assets And Due From Correspondent Brokers
OtherAssetsAndDueFromCorrespondentBrokers
2687000000 USD
CY2019Q2 us-gaap Assets
Assets
24348000000 USD
CY2019Q2 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
3934000000 USD
CY2019Q2 us-gaap Financial Instruments Sold Not Yet Purchased At Fair Value
FinancialInstrumentsSoldNotYetPurchasedAtFairValue
146000000 USD
CY2019Q2 us-gaap Liabilities Of Disposal Group Including Discontinued Operation
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
164000000 USD
CY2019Q2 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
8658000000 USD
CY2019Q2 us-gaap Liabilities
Liabilities
12902000000 USD
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
5691000000 USD
CY2019Q2 us-gaap Minority Interest
MinorityInterest
5755000000 USD
CY2019Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
11446000000 USD
CY2019Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
24348000000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2656000000 USD
CY2018Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
2682000000 USD
CY2018Q4 us-gaap Investments
Investments
8337000000 USD
CY2018Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
474000000 USD
CY2018Q4 us-gaap Inventory Net
InventoryNet
1779000000 USD
CY2018Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
4688000000 USD
CY2018Q4 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
748000000 USD
CY2018Q4 us-gaap Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
333000000 USD
CY2018Q4 iep Other Assets And Due From Correspondent Brokers
OtherAssetsAndDueFromCorrespondentBrokers
1792000000 USD
CY2018Q4 us-gaap Assets
Assets
23489000000 USD
CY2018Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
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CY2018Q4 us-gaap Financial Instruments Sold Not Yet Purchased At Fair Value
FinancialInstrumentsSoldNotYetPurchasedAtFairValue
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CY2018Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation
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CY2018Q4 us-gaap Debt And Capital Lease Obligations
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CY2018Q4 us-gaap Liabilities
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CY2018Q4 us-gaap Stockholders Equity
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6560000000 USD
CY2018Q4 us-gaap Minority Interest
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CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2018Q4 us-gaap Liabilities And Stockholders Equity
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CY2019Q2 us-gaap Income Tax Expense Benefit
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CY2019Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2018Q2 us-gaap Income Tax Expense Benefit
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CY2018Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2019Q2 us-gaap Effective Income Tax Rate Continuing Operations
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CY2018Q2 us-gaap Effective Income Tax Rate Continuing Operations
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us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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us-gaap Income Tax Expense Benefit
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us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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us-gaap Income Tax Expense Benefit
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us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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us-gaap Effective Income Tax Rate Continuing Operations
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us-gaap Effective Income Tax Rate Continuing Operations
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us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2018Q4 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
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CY2018Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
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iep Othercomprehensiveincomelossforeigncurrencytranslationadjustmentsbeforereclassificationadjustmentafteroftax
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us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments Net Of Tax
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0 USD
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
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iep Other Comprehensive Income Loss Gainloss Foreign Currency Transactionand Translation Reclassification Adjustmentfrom Aoci Netof Tax
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0 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
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iep Othercomprehensiveincomegainlossreclassificationadjustmentfrom Aoc Iaftertax
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us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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iep Othercomprehensiveincomelossdefinedbenefitplansnetoftax
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us-gaap Other Comprehensive Income Loss Net Of Tax
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iep Eliminationofstrandedtaxeffectsresultingfromtaxlegislationtranslationadjustments
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iep Eliminationofstrandedtaxeffectsresultingfromtaxlegislation
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CY2019Q2 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
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CY2019Q2 iep Accumulatedothercomprehensiveincomelossdefinedbenefitplansnetoftax
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CY2019Q2 us-gaap Other Nonoperating Income Expense
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CY2018Q2 us-gaap Other Nonoperating Income Expense
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us-gaap Other Nonoperating Income Expense
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us-gaap Other Nonoperating Income Expense
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us-gaap Interest Paid Net
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us-gaap Interest Paid Net
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us-gaap Income Taxes Paid Net
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us-gaap Income Taxes Paid Net
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iep Accrueddividendsanddistributionstononcontrollinginterestsinsubsidiaries
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0 USD
iep Accrueddividendsanddistributionstononcontrollinginterestsinsubsidiaries
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12000000 USD

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