2021 Q1 Form 10-K Financial Statement

#000155837021002010 Filed on February 26, 2021

View on sec.gov

Income Statement

Concept 2021 Q1 2020 2019 Q4
Revenue $3.384B $6.123B $2.621B
YoY Change -5740.0% -31.92% -6.46%
Cost Of Revenue $2.139B $6.320B $2.114B
YoY Change 18.18% -23.04% -4.6%
Gross Profit $1.237B -$318.0M $235.0M
YoY Change -164.53% -230.86% -35.08%
Gross Profit Margin 36.55% -5.19% 8.97%
Selling, General & Admin $316.0M $1.191B $349.0M
YoY Change 2.6% -13.38% -6.68%
% of Gross Profit 25.55% 148.51%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $127.0M $510.0M $130.0M
YoY Change 4.96% -1.73% 4.0%
% of Gross Profit 10.27% 55.32%
Operating Expenses $316.0M $1.191B $458.0M
YoY Change 2.6% -13.38% -9.49%
Operating Profit $921.0M -$1.509B -$223.0M
YoY Change -141.39% 33.3% 54.86%
Interest Expense $195.0M $688.0M -$82.00M
YoY Change 14.04% 13.72% -1.2%
% of Operating Profit 21.17%
Other Income/Expense, Net -$18.00M -$31.00M -$4.000M
YoY Change 5.88% -263.16% -180.0%
Pretax Income $616.0M -$2.584B -$117.0M
YoY Change -124.78% 48.59% -18.18%
Income Tax $17.00M -$116.0M $32.00M
% Of Pretax Income 2.76%
Net Earnings $162.0M -$1.653B -$157.0M
YoY Change -111.71% 50.55% -116.88%
Net Earnings / Revenue 4.79% -27.0% -5.99%
Basic Earnings Per Share
Diluted Earnings Per Share $649.0K -$7.330M -$736.8K
COMMON SHARES
Basic Shares Outstanding 241.3M 207.5M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2021 Q1 2020 2019 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.076B $3.291B $4.945B
YoY Change -5.56% -33.45% -7.36%
Cash & Equivalents $1.942B $3.291B $3.794B
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory $1.559B $1.580B $1.795B
Prepaid Expenses
Receivables $572.0M $502.0M $475.0M
Other Receivables $4.234B $3.437B $858.0M
Total Short-Term Assets $9.441B $8.810B $8.090B
YoY Change 39.99% 8.9% -2.0%
LONG-TERM ASSETS
Property, Plant & Equipment $4.231B $4.780B $4.454B
YoY Change -4.19% -7.42% -4.99%
Goodwill $294.0M $282.0M
YoY Change 4.63% 14.17%
Intangibles $643.0M $431.0M
YoY Change 53.1% -13.97%
Long-Term Investments $11.48B $8.913B $9.945B
YoY Change 40.05% -10.38% 19.29%
Other Assets
YoY Change
Total Long-Term Assets $18.86B $16.18B $16.55B
YoY Change 7.37% -2.25% 8.63%
TOTAL ASSETS
Total Short-Term Assets $9.441B $8.810B $8.090B
Total Long-Term Assets $18.86B $16.18B $16.55B
Total Assets $28.30B $24.99B $24.64B
YoY Change 16.42% 1.41% 4.9%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.360B $2.356B $999.0M
YoY Change -37.37% 135.84% 2.67%
Accrued Expenses $2.303B $1.586B $1.453B
YoY Change 26.47% 9.15% 61.44%
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 $4.663B $3.942B $2.452B
YoY Change -16.57% 60.77% 30.91%
LONG-TERM LIABILITIES
Long-Term Debt $8.056B $8.059B $8.192B
YoY Change -2.08% -1.62% 11.82%
Other Long-Term Liabilities $5.447B $3.160B $2.414B
YoY Change 908.7% 30.9% 291.88%
Total Long-Term Liabilities $13.50B $11.22B $10.61B
YoY Change 54.02% 5.78% 33.54%
TOTAL LIABILITIES
Total Short-Term Liabilities $4.663B $3.942B $2.452B
Total Long-Term Liabilities $13.50B $11.22B $10.61B
Total Liabilities $18.72B $21.61B $13.70B
YoY Change 25.7% 12.63% 30.34%
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 $3.230B $3.382B $5.456B
YoY Change
Total Liabilities & Shareholders Equity $28.30B $24.99B $24.64B
YoY Change 16.42% 1.41% 4.9%

Cashflow Statement

Concept 2021 Q1 2020 2019 Q4
OPERATING ACTIVITIES
Net Income $162.0M -$1.653B -$157.0M
YoY Change -111.71% 50.55% -116.88%
Depreciation, Depletion And Amortization $127.0M $510.0M $130.0M
YoY Change 4.96% -1.73% 4.0%
Cash From Operating Activities -$551.0M -$416.0M $408.0M
YoY Change -59.87% -71.51% -32.34%
INVESTING ACTIVITIES
Capital Expenditures $47.00M $199.0M -$55.00M
YoY Change -11.32% -20.4% -30.38%
Acquisitions $20.00M $8.000M
YoY Change 1900.0% -79.49%
Other Investing Activities -$2.000M $1.000M $10.00M
YoY Change -112.5% -97.37% -99.68%
Cash From Investing Activities $116.0M -$581.0M -$45.00M
YoY Change -135.8% -199.15% -101.47%
FINANCING ACTIVITIES
Cash Dividend Paid $526.0M
YoY Change 369.64%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 214.0M -653.0M 703.0M
YoY Change 2957.14% -215.37% -989.87%
NET CHANGE
Cash From Operating Activities -551.0M -416.0M 408.0M
Cash From Investing Activities 116.0M -581.0M -45.00M
Cash From Financing Activities 214.0M -653.0M 703.0M
Net Change In Cash -215.0M -1.654B 1.066B
YoY Change -87.26% 320.87% -70.25%
FREE CASH FLOW
Cash From Operating Activities -$551.0M -$416.0M $408.0M
Capital Expenditures $47.00M $199.0M -$55.00M
Free Cash Flow -$598.0M -$615.0M $463.0M
YoY Change -58.06% -64.04% -32.11%

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CY2019 us-gaap Net Income Loss Per Outstanding Limited Partnership And General Partnership Unit Basic And Diluted
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CY2020 us-gaap Increase Decrease In Other Accrued Liabilities
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CY2018 us-gaap Increase Decrease In Other Accrued Liabilities
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CY2019 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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CY2018 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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CY2018 us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
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CY2020 us-gaap Net Cash Provided By Used In Operating Activities
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CY2019 us-gaap Net Cash Provided By Used In Operating Activities
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CY2018 us-gaap Net Cash Provided By Used In Operating Activities
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CY2020 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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CY2019 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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CY2020 us-gaap Proceeds From Sale Maturity And Collections Of Investments
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CY2019 us-gaap Proceeds From Sale Maturity And Collections Of Investments
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CY2019 us-gaap Proceeds From Sales Of Business Affiliate And Productive Assets
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CY2018 us-gaap Proceeds From Sales Of Business Affiliate And Productive Assets
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CY2020 us-gaap Payments For Proceeds From Other Investing Activities
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CY2020 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
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CY2019 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
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CY2018 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
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CY2019 us-gaap Net Cash Provided By Used In Investing Activities
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CY2019 us-gaap Proceeds From Issuance Of Unsecured Debt
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CY2019 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
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CY2018 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
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CY2020 us-gaap Net Cash Provided By Used In Financing Activities
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CY2019 us-gaap Net Cash Provided By Used In Financing Activities
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CY2019 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
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CY2018 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
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CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2018 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2020 us-gaap Use Of Estimates
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<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:italic;font-weight:bold;margin:0pt 0pt 12pt 0pt;">Use of Estimates in Preparation of Financial Statements</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:18pt;margin:0pt 0pt 12pt 0pt;">The preparation of the consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amount of assets and liabilities at the date of the financial statements and the reported amount of revenues and expenses during the period. Due to the inherent uncertainty involved in making estimates, actual results may differ from the estimates and assumptions used in preparing the consolidated financial statements.</p>
CY2020 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:italic;font-weight:bold;margin:0pt 0pt 12pt 0pt;">Reclassifications</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:18pt;margin:0pt 0pt 12pt 0pt;">Certain 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.</p>
CY2020Q4 us-gaap Debt And Capital Lease Obligations
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CY2019Q4 us-gaap Debt And Capital Lease Obligations
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8200000000
CY2019Q4 us-gaap Long Term Debt Fair Value
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CY2019Q4 us-gaap Pension And Other Postretirement And Postemployment Benefit Plans Liabilities Current And Noncurrent
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CY2019Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
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CY2020 iep Limited Liability Company Llc Or Limited Partnership Lp Managing Member Or General Partner Aggregate Ownership Interest Of Parent And Holding Company Subsidiaries
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0.0199
CY2020 iep Limited Liability Company Llc Or Limited Partnership Lp Managing Member Or General Partner Aggregate Ownership Interest Of Parent And Holding Company Subsidiaries
LimitedLiabilityCompanyLlcOrLimitedPartnershipLpManagingMemberOrGeneralPartnerAggregateOwnershipInterestOfParentAndHoldingCompanySubsidiaries
0.0199
CY2020 us-gaap Concentration Risk Credit Risk
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<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:italic;font-weight:bold;margin:0pt 0pt 12pt 0pt;">Concentrations of credit risk</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:18pt;margin:0pt 0pt 12pt 0pt;">Concentrations of credit risk relate primarily to derivative instruments from our Investment segment. See Note 6, “Financial Instruments,” for further discussion.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:18pt;margin:0pt;">In addition, at our Holding Company, financial instruments that potentially subject us to concentrations of credit risk are primarily cash and cash equivalent deposits. These cash and cash equivalent deposits are maintained with several </p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 12pt 0pt;">financial institutions. The deposits held at the various financial institutions may exceed federally insured limits. Exposure to this credit risk is reduced by placing such deposits with major financial institutions and monitoring their credit ratings and, therefore, these deposits bear minimal credit risk.</p>
CY2020Q4 us-gaap Goodwill
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298000000
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334000000
CY2020 us-gaap Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:italic;font-weight:bold;margin:0pt 0pt 12pt 0pt;">Recently Issued Accounting Standards</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:18pt;margin:0pt 0pt 12pt 0pt;">In December 2019, the FASB issued ASU 2019-12, <i style="font-style:italic;">Simplifying the Accounting for Income Taxes</i>, which amends FASB ASC Topic 740, <i style="font-style:italic;">Income Taxes</i>. This ASU simplifies the accounting for income taxes by removing certain exceptions to the general principles in the standard and modifies other areas of the standard to clarify the application of U.S. GAAP. This ASU is effective for fiscal years beginning after December 15, 2020, and interim periods within those fiscal years. Certain amendments in this ASU should be applied using a retrospective approach and others using the prospective approach. Early adoption is permitted. We currently do not anticipate this standard to have a significant impact on our consolidated financial statements. </p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:18pt;margin:0pt;">In March 2020, the FASB issued ASU 2020-04, <i style="font-style:italic;">Facilitation of the Effects of Reference Rate Reform on Financial Reporting</i>, which amends FASB ASC Topic 848, <i style="font-style:italic;">Reference Rate Reform</i>. By June 30, 2023, banks will no longer be required to report information that is used to determine London Interbank Offered Rate (“LIBOR”) which is used globally by all types of entities for various types of transactions. As a result, LIBOR could be discontinued, as well as other interest rates used globally. This ASU provides companies with optional expedients for contract modifications under U.S GAAP, excluded components of certain hedging relationships, fair value hedges, and cash flow hedges, as well as certain exceptions, which are intended to help ease the potential accounting burden associated with transitioning </p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 12pt 0pt;">away from these reference rates. Companies can apply this ASU immediately and will only be available for a limited time (generally through December 31, 2022). We are currently assessing the impact of this standard on our consolidated financial statements.</p>
CY2020Q4 iep Fair Value Of Equity Method Investment Under Fair Value Option
FairValueOfEquityMethodInvestmentUnderFairValueOption
985000000
CY2019Q4 iep Fair Value Of Equity Method Investment Under Fair Value Option
FairValueOfEquityMethodInvestmentUnderFairValueOption
3137000000
CY2020 iep Unrealizedgainonequitymethodinvestmentsunderfairvalueoption
Unrealizedgainonequitymethodinvestmentsunderfairvalueoption
-427000000
CY2019 iep Unrealizedgainonequitymethodinvestmentsunderfairvalueoption
Unrealizedgainonequitymethodinvestmentsunderfairvalueoption
265000000
CY2018 iep Unrealizedgainonequitymethodinvestmentsunderfairvalueoption
Unrealizedgainonequitymethodinvestmentsunderfairvalueoption
667000000
CY2019 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
34000000
CY2019 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
1000000
CY2020 iep Investments Fair Value Adjustment
InvestmentsFairValueAdjustment
48000000
CY2019Q4 us-gaap Goodwill Gross
GoodwillGross
369000000
CY2018Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
87000000
CY2019Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
87000000
CY2020Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
183000000
CY2019Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
206000000
CY2020Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
83000000
CY2019Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
94000000
CY2020Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
1314000000
CY2019Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
1495000000
CY2020Q4 us-gaap Inventory Net
InventoryNet
1580000000
CY2019Q4 us-gaap Inventory Net
InventoryNet
1795000000
CY2020Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
73000000
CY2019Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
27000000
CY2020 us-gaap Inventory Write Down
InventoryWriteDown
58000000
CY2020Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
7204000000
CY2019Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
7122000000
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
2976000000
CY2019Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
2668000000
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
4228000000
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
4454000000
CY2020 us-gaap Depreciation
Depreciation
406000000
CY2019 us-gaap Depreciation
Depreciation
410000000
CY2018 us-gaap Depreciation
Depreciation
398000000
CY2019Q4 us-gaap Goodwill Gross
GoodwillGross
369000000
CY2020 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
19000000
CY2020Q4 us-gaap Goodwill Gross
GoodwillGross
388000000
CY2019Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
87000000
CY2020 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
3000000
CY2020Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
90000000
CY2019Q4 us-gaap Goodwill
Goodwill
282000000
CY2020Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
922000000
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
345000000
CY2020Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
577000000
CY2019Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
670000000
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
301000000
CY2019Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
369000000
CY2020Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
83000000
CY2019Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
62000000
CY2020Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
660000000
CY2019Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
431000000
CY2019 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
44000000
CY2018 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
40000000
CY2017 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
47000000
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
63000000
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
60000000
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
60000000
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
59000000
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
57000000
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
278000000
CY2020Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
577000000
CY2020 iep Lessee Right Of Use Assets And Liabilities Tabletextblock
LesseeRightOfUseAssetsAndLiabilitiesTabletextblock
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;min-height:0.0pt;margin:0pt;"><span style="font-size:0pt;visibility:hidden;">​</span></p><table style="border-collapse:collapse;font-size:16pt;height:max-content;padding-left:0pt;padding-right:0pt;width:100%;"><tr style="height:1pt;"><td style="vertical-align:bottom;width:69.26%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="font-size:1pt;visibility:hidden;">​</span></p></div></div></td><td style="vertical-align:bottom;white-space:nowrap;width:2.2%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="font-size:1pt;visibility:hidden;">​</span></p></div></div></td><td style="vertical-align:bottom;white-space:nowrap;width:1.38%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="font-size:1pt;visibility:hidden;">​</span></p></div></div></td><td style="vertical-align:bottom;white-space:nowrap;width:11.55%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="font-size:1pt;visibility:hidden;">​</span></p></div></div></td><td style="vertical-align:bottom;white-space:nowrap;width:2.2%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="font-size:1pt;visibility:hidden;">​</span></p></div></div></td><td style="vertical-align:bottom;white-space:nowrap;width:1.38%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="font-size:1pt;visibility:hidden;">​</span></p></div></div></td><td style="vertical-align:bottom;white-space:nowrap;width:12%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="font-size:1pt;visibility:hidden;">​</span></p></div></div></td></tr><tr><td style="vertical-align:bottom;width:69.26%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.2%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;">    </p></td><td colspan="5" style="vertical-align:bottom;white-space:nowrap;width:28.52%;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt 0pt 0.05pt 0pt;"><b style="font-weight:bold;">December 31, </b></p></td></tr><tr><td style="vertical-align:bottom;width:69.26%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.2%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="visibility:hidden;">​</span></p></td><td colspan="2" style="vertical-align:bottom;white-space:nowrap;width:12.94%;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt 0pt 0.05pt 0pt;"><b style="font-weight:bold;">2020</b></p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.2%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><b style="font-weight:bold;">    </b></p></td><td colspan="2" style="vertical-align:bottom;white-space:nowrap;width:13.38%;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt 0pt 0.05pt 0pt;"><b style="font-weight:bold;">2019</b></p></td></tr><tr style="height:0pt;visibility:hidden;"><td colspan="7" style="padding:0pt;"/></tr><tr><td style="vertical-align:bottom;width:69.26%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.2%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td colspan="5" style="vertical-align:bottom;white-space:nowrap;width:28.52%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;text-align:center;margin:0pt 0pt 0.05pt 0pt;">(in millions)</p></td></tr><tr><td style="background-color:#cceeff;vertical-align:bottom;width:69.26%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;">Operating Leases:</p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:2.2%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="visibility:hidden;">​</span></p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:1.38%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;">  </p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:11.55%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt 0pt 0.05pt 0pt;"><span style="visibility:hidden;">​</span></p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:2.2%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="visibility:hidden;">​</span></p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:1.38%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;">  </p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:12%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt 0pt 0.05pt 0pt;"><span style="visibility:hidden;">​</span></p></td></tr><tr><td style="vertical-align:bottom;width:69.26%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 6pt;">Right-of-use assets (other assets)</p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.2%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:1.38%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;">$</p></td><td style="vertical-align:bottom;white-space:nowrap;width:11.55%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt 3pt 0.05pt 0pt;"> 552</p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.2%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:1.38%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;">$</p></td><td style="vertical-align:bottom;white-space:nowrap;width:12%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt 3pt 0.05pt 0pt;"> 624</p></td></tr><tr><td style="background-color:#cceeff;vertical-align:bottom;width:69.26%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 6pt;"><span style="-sec-ix-hidden:Hidden_X2PP92X0U0KmI1G89Zqb2Q;"><span style="color:#000000;font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">Lease liabilities (accrued expenses and other liabilities)</span></span></p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:2.2%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="visibility:hidden;">​</span></p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:1.38%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"> </p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:11.55%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt 3pt 0.05pt 0pt;"> 570</p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:2.2%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="visibility:hidden;">​</span></p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:1.38%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"> </p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:12%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt 3pt 0.05pt 0pt;"> 647</p></td></tr><tr><td style="vertical-align:bottom;width:69.26%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.2%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:1.38%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:11.55%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt 0pt 0.05pt 0pt;"><span style="visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.2%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:1.38%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:12%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt 0pt 0.05pt 0pt;"><span style="visibility:hidden;">​</span></p></td></tr><tr><td style="background-color:#cceeff;vertical-align:bottom;width:69.26%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;">Financing Leases:</p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:2.2%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="visibility:hidden;">​</span></p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:1.38%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"> </p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:11.55%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt 0pt 0.05pt 0pt;"><span style="visibility:hidden;">​</span></p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:2.2%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="visibility:hidden;">​</span></p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:1.38%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"> </p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:12%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt 0pt 0.05pt 0pt;"><span style="visibility:hidden;">​</span></p></td></tr><tr><td style="vertical-align:bottom;width:69.26%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 6pt;">Right-of-use assets (property, plant and equipment, net)</p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.2%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:1.38%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"> </p></td><td style="vertical-align:bottom;white-space:nowrap;width:11.55%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt 3pt 0.05pt 0pt;"> 65</p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.2%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:1.38%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"> </p></td><td style="vertical-align:bottom;white-space:nowrap;width:12%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt 3pt 0.05pt 0pt;"> 77</p></td></tr><tr><td style="background-color:#cceeff;vertical-align:bottom;width:69.26%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 6pt;">Lease liabilities (debt)</p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:2.2%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="visibility:hidden;">​</span></p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:1.38%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"> </p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:11.55%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt 3pt 0.05pt 0pt;"> 81</p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:2.2%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="visibility:hidden;">​</span></p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:1.38%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"> </p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:12%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt 3pt 0.05pt 0pt;"> 93</p></td></tr></table>
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AmortizationOfFinancingCostsAndDiscounts
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CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
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181000000
CY2020Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
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CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
152000000
CY2020Q4 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
14000000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
100000000
CY2020Q4 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
12000000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
73000000
CY2020Q4 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
12000000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
49000000
CY2020Q4 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
13000000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
121000000
CY2020Q4 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
43000000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
676000000
CY2020Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
112000000
CY2020Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
106000000
CY2020Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
31000000
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
570000000
CY2020Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
81000000
CY2020 us-gaap Operating Lease Expense
OperatingLeaseExpense
200000000
CY2020 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
11000000
CY2020 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
7000000
CY2019 us-gaap Operating Lease Expense
OperatingLeaseExpense
202000000
CY2019 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
14000000
CY2019 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
7000000
CY2018 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
168000000
CY2020Q4 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
8059000000
CY2020 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-31000000
CY2020 us-gaap Revenues
Revenues
6123000000
CY2020 iep Cost Of Goods Sold New
CostOfGoodsSoldNew
6320000000
CY2020 iep Costofotherrevenuefromoperations
Costofotherrevenuefromoperations
487000000
CY2019Q4 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
8192000000
CY2019 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
6000000
CY2018 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
5000000
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
400000000
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
1213000000
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
777000000
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
1600000000
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
1350000000
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
2651000000
CY2020Q4 iep Future Maturities Due On Debt
FutureMaturitiesDueOnDebt
7991000000
CY2020Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
13000000
CY2020Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
81000000
CY2020Q4 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
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CY2020 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
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CY2019 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
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CY2018 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
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CY2019 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-32000000
CY2018 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
1720000000
CY2018 iep Netlossattributableto Icahn Enterprisesfromdiscontinuedoperationsspecialallocation
NetlossattributabletoIcahnEnterprisesfromdiscontinuedoperationsspecialallocation
598000000
CY2019 iep Netincomelossattributableto Icahn Enterprisesfromdiscontinuedoperationsallocabletolimitedpartners
NetincomelossattributabletoIcahnEnterprisesfromdiscontinuedoperationsallocabletolimitedpartners
-32000000
CY2018 iep Netincomelossattributableto Icahn Enterprisesfromdiscontinuedoperationsallocabletolimitedpartners
NetincomelossattributabletoIcahnEnterprisesfromdiscontinuedoperationsallocabletolimitedpartners
2318000000
CY2020 us-gaap Income Loss From Continuing Operations Per Outstanding Limited Partnership And General Partnership Unit Basic And Diluted
IncomeLossFromContinuingOperationsPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitBasicAndDiluted
-7.33
CY2019 us-gaap Income Loss From Continuing Operations Per Outstanding Limited Partnership And General Partnership Unit Basic And Diluted
IncomeLossFromContinuingOperationsPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitBasicAndDiluted
-5.23
CY2018 us-gaap Income Loss From Continuing Operations Per Outstanding Limited Partnership And General Partnership Unit Basic And Diluted
IncomeLossFromContinuingOperationsPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitBasicAndDiluted
-1.29
CY2019 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Outstanding Limited Partnership And General Partnership Unit Basic And Diluted
IncomeLossFromDiscontinuedOperationsNetOfTaxPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitBasicAndDiluted
-0.15
CY2018 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Outstanding Limited Partnership And General Partnership Unit Basic And Diluted
IncomeLossFromDiscontinuedOperationsNetOfTaxPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitBasicAndDiluted
12.62
CY2020 us-gaap Net Income Loss Per Outstanding Limited Partnership And General Partnership Unit Basic And Diluted
NetIncomeLossPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitBasicAndDiluted
-7.33
CY2019 us-gaap Net Income Loss Per Outstanding Limited Partnership And General Partnership Unit Basic And Diluted
NetIncomeLossPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitBasicAndDiluted
-5.38
CY2018 us-gaap Net Income Loss Per Outstanding Limited Partnership And General Partnership Unit Basic And Diluted
NetIncomeLossPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitBasicAndDiluted
11.33
CY2020 us-gaap Weighted Average Number Of Limited Partnership And General Partnership Unit Outstanding Basic And Diluted
WeightedAverageNumberOfLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasicAndDiluted
221000000
CY2019 us-gaap Weighted Average Number Of Limited Partnership And General Partnership Unit Outstanding Basic And Diluted
WeightedAverageNumberOfLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasicAndDiluted
200000000
CY2018 us-gaap Weighted Average Number Of Limited Partnership And General Partnership Unit Outstanding Basic And Diluted
WeightedAverageNumberOfLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasicAndDiluted
180000000
CY2020 us-gaap Selling General And Administrative Expense
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1191000000
CY2020 us-gaap Restructuring Charges
RestructuringCharges
10000000
CY2020 us-gaap Asset Impairment Charges
AssetImpairmentCharges
11000000
CY2017Q4 us-gaap Limited Partners Capital Account Units Issued
LimitedPartnersCapitalAccountUnitsIssued
173564307
CY2018 us-gaap Distribution Made To Limited Partner Unit Distribution
DistributionMadeToLimitedPartnerUnitDistribution
17778950
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
22840
CY2018Q4 us-gaap Limited Partners Capital Account Units Issued
LimitedPartnersCapitalAccountUnitsIssued
191366097
CY2019 us-gaap Distribution Made To Limited Partner Unit Distribution
DistributionMadeToLimitedPartnerUnitDistribution
21898853
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
19259
CY2019 us-gaap Partners Capital Account Units Sale Of Units
PartnersCapitalAccountUnitsSaleOfUnits
794349
CY2019Q4 us-gaap Limited Partners Capital Account Units Issued
LimitedPartnersCapitalAccountUnitsIssued
214078558
CY2020 us-gaap Distribution Made To Limited Partner Unit Distribution
DistributionMadeToLimitedPartnerUnitDistribution
25352178
CY2020 us-gaap Partners Capital Account Units Sale Of Units
PartnersCapitalAccountUnitsSaleOfUnits
1908099
CY2020Q4 us-gaap Limited Partners Capital Account Units Issued
LimitedPartnersCapitalAccountUnitsIssued
241338835
CY2020 iep Aggregate Cash Distributions To Depositary Unit Holders
AggregateCashDistributionsToDepositaryUnitHolders
516000000
CY2020Q1 iep Aggregate Cash Distributions To Depositary Unit Holders
AggregateCashDistributionsToDepositaryUnitHolders
422000000
CY2020Q2 iep Aggregate Cash Distributions To Depositary Unit Holders
AggregateCashDistributionsToDepositaryUnitHolders
30000000
CY2020Q3 iep Aggregate Cash Distributions To Depositary Unit Holders
AggregateCashDistributionsToDepositaryUnitHolders
31000000
CY2020Q4 iep Aggregate Cash Distributions To Depositary Unit Holders
AggregateCashDistributionsToDepositaryUnitHolders
33000000
CY2019Q2 iep Potentialaggregatesalesproceedsfromequityoffering
Potentialaggregatesalesproceedsfromequityoffering
400000000
CY2020 us-gaap Proceeds From Sale Of Interest In Partnership Unit
ProceedsFromSaleOfInterestInPartnershipUnit
101000000
CY2019 us-gaap Proceeds From Sale Of Interest In Partnership Unit
ProceedsFromSaleOfInterestInPartnershipUnit
55000000
CY2020 iep Potentialaggregatesalesproceedsfromequityoffering
Potentialaggregatesalesproceedsfromequityoffering
244000000
CY2020 iep Net Sales
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6815000000
CY2020 iep Otheroperatingrevenue
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CY2020 us-gaap Debt And Equity Securities Gain Loss Excluding Other Than Temporary Impairment Loss
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CY2020 us-gaap Interest And Dividend Income Operating
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169000000
CY2020 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-17000000
CY2018 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
237000000
CY2018 us-gaap Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
475000000
CY2020 us-gaap Interest Expense
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688000000
CY2020 us-gaap Costs And Expenses
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8707000000
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-2584000000
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-116000000
CY2020 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-2468000000
CY2020 us-gaap Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
-815000000
CY2020 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-1653000000
CY2020 us-gaap Payments To Acquire Property Plant And Equipment
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199000000
CY2020 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
510000000
CY2019 iep Net Sales
NetSales
9722000000
CY2019 iep Otheroperatingrevenue
Otheroperatingrevenue
666000000
CY2019 us-gaap Debt And Equity Securities Gain Loss Excluding Other Than Temporary Impairment Loss
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265000000
CY2019 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
253000000
CY2019 us-gaap Other Nonoperating Income Expense
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19000000
CY2019 us-gaap Revenues
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Costofotherrevenuefromoperations
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CY2019 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1375000000
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18000000
CY2019 us-gaap Asset Impairment Charges
AssetImpairmentCharges
2000000
CY2019 us-gaap Interest Expense
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605000000
CY2019 us-gaap Costs And Expenses
CostsAndExpenses
10733000000
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-1739000000
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
20000000
CY2019 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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CY2019 us-gaap Income Loss From Continuing Operations Attributable To Noncontrolling Entity
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-693000000
CY2019 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
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CY2019 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
250000000
CY2019 us-gaap Depreciation Depletion And Amortization
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519000000
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NetSales
10576000000
CY2018 iep Otheroperatingrevenue
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647000000
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322000000
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148000000
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84000000
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223000000
CY2018 us-gaap Income Tax Expense Benefit
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IncomeLossFromContinuingOperations
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CY2018 us-gaap Payments To Acquire Property Plant And Equipment
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272000000
CY2018 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
508000000
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1699000000
CY2020Q4 us-gaap Restricted Cash And Cash Equivalents
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1592000000
CY2020Q4 us-gaap Investments
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8913000000
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502000000
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1580000000
CY2020Q4 us-gaap Property Plant And Equipment Net
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4228000000
CY2020Q4 us-gaap Intangible Assets Net Including Goodwill
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958000000
CY2020Q4 iep Other Assets And Due From Correspondent Brokers
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5515000000
CY2020Q4 us-gaap Assets
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24987000000
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5150000000
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8059000000
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1795000000
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4454000000
CY2019Q4 us-gaap Intangible Assets Net Including Goodwill
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CY2019Q4 iep Other Assets And Due From Correspondent Brokers
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2304000000
CY2019Q4 us-gaap Assets
Assets
24639000000
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4315000000
CY2019Q4 us-gaap Financial Instruments Sold Not Yet Purchased At Fair Value
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CY2019Q4 us-gaap Debt And Capital Lease Obligations
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CY2019Q4 us-gaap Liabilities
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CY2019Q4 us-gaap Partners Capital
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5456000000
CY2019Q4 us-gaap Partners Capital Attributable To Noncontrolling Interest
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CY2019Q4 us-gaap Partners Capital Including Portion Attributable To Noncontrolling Interest
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24639000000
CY2020 iep Net Sales
NetSales
6815000000
CY2019 iep Net Sales
NetSales
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NetSales
10576000000
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666000000
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CY2020Q4 us-gaap Property Plant And Equipment Net
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4228000000
CY2019Q4 us-gaap Property Plant And Equipment Net
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4454000000
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5456000000
CY2020Q4 iep Income Tax Disclosure Different Between Book Basis And Tax Basis Of Net Assets
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