Acquisition (Tables)

12 Months Ended

Dec. 31, 2012

Business Combinations [Abstract]

Schedule of Purchase Price Allocation

The following table summarizes the consideration paid for CVR and amounts of the estimated fair values of identifiable assets acquired and liabilities assumed, as well as the fair value of the non-controlling interest in CVR as of May 4, 2012:

	May 4, 2012
	(in millions)
Cash paid for acquisition	$	1,754
IEP Parties equity interest in CVR prior to acquisition of controlling interest(1)	378
Total purchase price	$	2,132
Preliminary purchase price allocation:
Property, plant and equipment	$	2,587
Intangible assets	410
Debt	(912		)
Deferred tax liabilities	(854		)
Other assets and liabilities, net	820
Fair value of identifiable net assets acquired	2,051
Fair value of non-controlling interests	(849		)
Goodwill	930
	$	2,132

⁽¹⁾ Based on the Offer price of $30 per share of CVR common stock.

Business Acquisition, Pro Forma Information

	Year Ended December 31,
	2012		2011
	(in millions, except per unit data)
Revenues	$	18,312	$	19,556
Net income	666		2,244
Net income attributable to Icahn Enterprises	370		1,114
Net income per LP unit	3.59		12.41