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Quarterly Financial Data (Unaudited) (Tables)
 12 Months Ended
Dec. 31, 2012
Quarterly Financial Data (Unaudited) [Abstract]  
Schedule of Quarterly Financial Information [Table Text Block]
 
For the Three Months Ended
 
March 31,
 
June 30,
 
September 30,
 
December 31,
 
2012
 
2011
 
2012
 
2011
 
2012
 
2011
 
2012
 
2011
 
(in millions, except per unit data)
Net sales
$
2,399

 
$
2,251

 
$
3,707

 
$
2,357

 
$
4,519

 
$
2,279

 
$
3,994

 
$
2,240

Gross margin on net sales
327

 
326

 
455

 
348

 
817

 
304

 
377

 
278

Total revenues
2,684

 
3,078

 
4,226

 
3,142

 
4,503

 
2,443

 
4,241

 
3,179

Net income (loss)
101

 
596

 
461

 
584

 
99

 
(52
)
 
66

 
636

Net (income) loss attributable to non-controlling interests
(52
)
 
(356
)
 
(204
)
 
(295
)
 
(15
)
 
13

 
(60
)
 
(376
)
Net income (loss) attributable to Icahn Enterprises
49

 
240

 
257

 
289

 
84

 
(39
)
 
6

 
260

Basic income (loss) per LP unit
$
0.47

 
$
2.67

 
$
2.44

 
$
3.22

 
$
0.73

 
$
(0.43
)
 
$
0.06

 
$
2.90

Diluted income (loss) per LP unit
$
0.47

 
$
2.59

 
$
2.37

 
$
3.12

 
$
0.73

 
$
(0.43
)
 
$
0.06

 
$
2.81


(1)
Basic and diluted income (loss) per LP unit is computed separately for each quarter and therefore, the sum of such quarterly per LP unit amounts may differ from the total for the year.
(2)
We consolidated the results of CVR effective May 5, 2012.
(3)
As a result of unit distributions made on March 30, 2012, May 31, 2012, August 31, 2012 and November 30, 2012, basic and diluted income (loss) per LP unit presented above reflects a restatement of the respective amounts previously reported on each of Icahn Enterprises' Form 10-Q's filed in 2012 to the extent such unit distributions occurred subsequent to the period of the report covered by each respective Form 10-Q.
(4)
Our second quarter 2012 results were restated due to (i) a purchase price allocation adjustment of $23 million related to an inventory step-up made during the fourth quarter 2012 related to the CVR acquisition and the common control impact of Mr. Icahn's transfer of his interest in IEP Energy to us made in the third quarter of 2012 and (ii) an adjustment of $21 million for a derivative related to a certain investment held by the Holding Company.