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Consolidated Statements of Operations (Unaudited) (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Revenues:        
Net sales $ 4,519 $ 2,279 $ 10,625 $ 6,887
Other revenues from operations 215 215 611 591
Net (loss) gain from investment activities (81) (49) 255 1,158
Interest and dividend income 21 22 63 83
Other loss, net (171) (24) (162) (56)
Total Revenues 4,503 2,443 11,392 8,663
Expenses:        
Cost of goods sold 3,702 1,975 9,003 5,909
Other expenses from operations 111 112 325 324
Selling, general and administrative 284 285 930 908
Restructuring 5 5 21 9
Impairment 53 0 87 3
Interest expense 138 105 383 327
Total Expenses 4,293 2,482 10,749 7,480
Income before income tax (expense) benefit 210 (39) 643 1,183
Income tax (expense) benefit (110) (13) 8 (55)
Net income (loss) 100 (52) 651 1,128
Less: net (income) loss attributable to non-controlling interests (15) 13 (273) (638)
Net income (loss) attributable to Icahn Enterprises 85 (39) 378 490
Net income attributable to Icahn Enterprises allocable to:        
Limited partners 78 (38) 361 480
General partner 7 (1) 17 10
Net income (loss) attributable to Icahn Enterprises $ 85 $ (39) $ 378 $ 490
Basic income (loss) per LP unit 0.76 (0.44) 3.61 5.52
Basic weighted average LP units outstanding (in units) 102 87 100 87
Diluted income (loss) per LP unit 0.76 (0.44) 3.60 5.40
Diluted weighted average LP units outstanding (in units) 102 87 105 92
Cash distributions declared per LP unit $ 0.10 $ 0.10 $ 0.30 $ 0.45