XML 64 R44.htm IDEA: XBRL DOCUMENT v2.4.0.8
Net Income Per LP Unit (Tables)
 12 Months Ended
Dec. 31, 2013
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,
  
2013
 
2012
 
2011
 
(in millions, except per unit data)
Net income attributable to Icahn Enterprises
$
1,025

 
$
396

 
$
750

Less: Net income attributable to Icahn Enterprises allocable to general partner(1)
—

 
(9
)
 
—

Net income attributable to Icahn Enterprises net of portion allocable 100% to general partner
1,025

 
387

 
750

 
 
 
 
 
 
Net income attributable to Icahn Enterprises allocable to limited partners (98.01% allocation)
$
1,005

 
$
379

 
$
735

 
 
 
 
 
 
Basic income per LP unit
$
9.14

 
$
3.72

 
$
8.35

Basic weighted average LP units outstanding
110

 
102

 
88

 
 
 
 
 
 
Dilutive effect of variable rate convertible notes:
 
 
 
 
 
   Income
$
2

 
$
—

 
$
23

   Units
1

 
—

 
5

 
 
 
 
 
 
Diluted income per LP unit
$
9.07

 
$
3.72

 
$
8.15

Diluted weighted average LP units outstanding
111

 
102

 
93

(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.