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Net Income Per LP Unit (Tables)
 12 Months Ended
Dec. 31, 2012
Net Income Per LP Unit [Abstract]  
Schedule Of Earnings Per LP Unit
The following table sets forth the allocation of net income attributable to Icahn Enterprises allocable to limited partners and the computation of basic and diluted income per LP unit of Icahn Enterprises for the periods indicated:
 
Year Ended December 31,
  
2012
 
2011
 
2010
 
(in millions, except per unit data)
Net income (loss) from continuing operations attributable to Icahn Enterprises
$
396

 
$
750

 
$
200

Less: Net income from continuing operations attributable to Icahn Enterprises allocable to general partner(1)
(9
)
 
—

 
—

Net income (loss) from continuing operations attributable to Icahn Enterprises net of portion allocable 100% to general partner
387

 
750

 
200

 
 
 
 
 
 
Income (loss) from continuing operations attributable to Icahn Enterprises allocable to limited partners (98.01% allocation)
$
379

 
$
735

 
$
196

Income (loss) from discontinued operations attributable to Icahn Enterprises allocable to limited partners (98.01% allocation)
$
—

 
$
—

 
$
(1
)
 
 
 
 
 
 
Basic income (loss) per LP unit:
 
 
 
 
 
Continuing operations
$
3.75

 
$
8.35

 
$
2.28

Discontinued operations
0.00

 
0.00

 
(0.01
)
 
$
3.75

 
$
8.35

 
$
2.27

Basic weighted average LP units outstanding
101

 
88

 
86

 
 
 
 
 
 
Dilutive effect of variable rate convertible notes:
 
 
 
 
 
   Income
$
—

 
$
23

 
$
—

   Units
—

 
5

 
—

 
 
 
 
 
 
Dilutive effect of preferred LP units:
 
 
 
 
 
   Income
$
—

 
$
—

 
$
2

   Units
—

 
—

 
1

 
 
 
 
 
 
Diluted income (loss) per LP unit:
 
 
 
 
 
Continuing operations
$
3.75

 
$
8.15

 
$
2.27

Discontinued operations
0.00

 
0.00

 
(0.01
)
 
$
3.75

 
$
8.15

 
$
2.26

Diluted weighted average LP units outstanding
101

 
93

 
87

(1) Amount represents net income allocable to the general partner for the period May 5, 2012 through August 23, 2012, the period in which Mr. Icahn and his affiliates' ownership in IEP Energy, other than Icahn Enterprises' ownership, were considered under common control. On August 24, 2012, Mr. Icahn and his affiliates contributed this interest to us in exchange for our depositary units. See Note 5, "Related Party Transactions-Energy," for further discussion regarding this transaction.