XML 27 R71.htm IDEA: XBRL DOCUMENT v2.4.1.9
Debt Narrative - Senior Unsecured Notes and Secured Term Loan Facility - Railcar (Details) (USD $)
3 Months Ended 1 Months Ended 0 Months Ended 9 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Jan. 31, 2015
Feb. 28, 2014
Mar. 31, 2014
Jan. 31, 2014
Oct. 01, 2014
Dec. 19, 2014
Sep. 30, 2014
Mar. 27, 2014
Dec. 12, 2012
Dec. 31, 2014
Jun. 23, 2014
Sep. 03, 2014
Sep. 26, 2014
Jun. 25, 2014
Debt Instrument [Line Items]                                
Loss on extinguishment of debt $ 2,000,000us-gaap_GainsLossesOnExtinguishmentOfDebt $ 126,000,000us-gaap_GainsLossesOnExtinguishmentOfDebt                            
Railcar Segment [Member]                                
Debt Instrument [Line Items]                                
Debt Instrument, Interest Rate, Increase (Decrease)     5.00%us-gaap_DebtInstrumentInterestRateIncreaseDecrease
/ us-gaap_StatementBusinessSegmentsAxis
= iep_RailcarSegmentMember
                         
Future debt expected to be incurred by new capitalized entity       381,000,000iep_Futuredebtexpectedtobeincurredbynewcapitalizedentity
/ us-gaap_StatementBusinessSegmentsAxis
= iep_RailcarSegmentMember
                       
Proceeds from Issuance of Private Placement     626,000,000us-gaap_ProceedsFromIssuanceOfPrivatePlacement
/ us-gaap_StatementBusinessSegmentsAxis
= iep_RailcarSegmentMember
                         
Proceeds from (Repayments of) Debt     212,000,000us-gaap_ProceedsFromRepaymentsOfDebt
/ us-gaap_StatementBusinessSegmentsAxis
= iep_RailcarSegmentMember
                         
Railcar Segment [Member] | NCF I Term Loan [Member]                                
Debt Instrument [Line Items]                                
Aggregate principal amount issued, long-term debt           250,000,000us-gaap_DebtInstrumentFaceAmount
/ us-gaap_DebtInstrumentAxis
= iep_NCFITermLoanMember
/ us-gaap_StatementBusinessSegmentsAxis
= iep_RailcarSegmentMember
                   
Railcar Segment [Member] | NCF II Term Loan [Member]                                
Debt Instrument [Line Items]                                
Aggregate principal amount issued, long-term debt           135,000,000us-gaap_DebtInstrumentFaceAmount
/ us-gaap_DebtInstrumentAxis
= iep_NCFIITermLoanMember
/ us-gaap_StatementBusinessSegmentsAxis
= iep_RailcarSegmentMember
                   
Interest rate, long-term debt           3.70%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_DebtInstrumentAxis
= iep_NCFIITermLoanMember
/ us-gaap_StatementBusinessSegmentsAxis
= iep_RailcarSegmentMember
                   
Railcar Segment [Member] | RCF Term Loan [Member]                                
Debt Instrument [Line Items]                                
Aggregate principal amount issued, long-term debt                   300,000,000us-gaap_DebtInstrumentFaceAmount
/ us-gaap_DebtInstrumentAxis
= iep_RCFTermLoanMember
/ us-gaap_StatementBusinessSegmentsAxis
= iep_RailcarSegmentMember
           
Use of portion of debt proceeds   156,000,000iep_UseOfPortionOfDebtProceeds
/ us-gaap_DebtInstrumentAxis
= iep_RCFTermLoanMember
/ us-gaap_StatementBusinessSegmentsAxis
= iep_RailcarSegmentMember
                           
Railcar Segment [Member] | Class A-1 Notes [Member]                                
Debt Instrument [Line Items]                                
Aggregate principal amount issued, long-term debt                     110,000,000us-gaap_DebtInstrumentFaceAmount
/ us-gaap_DebtInstrumentAxis
= iep_ClassA1NotesMember
/ us-gaap_StatementBusinessSegmentsAxis
= iep_RailcarSegmentMember
         
Interest rate, long-term debt     2.98%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_DebtInstrumentAxis
= iep_ClassA1NotesMember
/ us-gaap_StatementBusinessSegmentsAxis
= iep_RailcarSegmentMember
                         
Use of portion of debt proceeds to repay other debt         256,000,000iep_Useofportionofdebtproceedstorepayotherdebt
/ us-gaap_DebtInstrumentAxis
= iep_ClassA1NotesMember
/ us-gaap_StatementBusinessSegmentsAxis
= iep_RailcarSegmentMember
                     
Proceeds from Issuance of Private Placement     250,000,000us-gaap_ProceedsFromIssuanceOfPrivatePlacement
/ us-gaap_DebtInstrumentAxis
= iep_ClassA1NotesMember
/ us-gaap_StatementBusinessSegmentsAxis
= iep_RailcarSegmentMember
                         
Railcar Segment [Member] | Class A-2 Notes [Member]                                
Debt Instrument [Line Items]                                
Aggregate principal amount issued, long-term debt                     106,000,000us-gaap_DebtInstrumentFaceAmount
/ us-gaap_DebtInstrumentAxis
= iep_ClassA2NotesMember
/ us-gaap_StatementBusinessSegmentsAxis
= iep_RailcarSegmentMember
         
Interest rate, long-term debt 3.81%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_DebtInstrumentAxis
= iep_ClassA2NotesMember
/ us-gaap_StatementBusinessSegmentsAxis
= iep_RailcarSegmentMember
  4.06%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_DebtInstrumentAxis
= iep_ClassA2NotesMember
/ us-gaap_StatementBusinessSegmentsAxis
= iep_RailcarSegmentMember
                         
Proceeds from Issuance of Private Placement     376,000,000us-gaap_ProceedsFromIssuanceOfPrivatePlacement
/ us-gaap_DebtInstrumentAxis
= iep_ClassA2NotesMember
/ us-gaap_StatementBusinessSegmentsAxis
= iep_RailcarSegmentMember
                         
Railcar Segment [Member] | ARI Refinanced Term Loan [Member]                                
Debt Instrument [Line Items]                                
Interest reserve amount 17,000,000iep_Interestreserveamount
/ us-gaap_DebtInstrumentAxis
= iep_ARIRefinancedTermLoanMember
/ us-gaap_StatementBusinessSegmentsAxis
= iep_RailcarSegmentMember
                             
Long-term Debt                       309,000,000us-gaap_LongTermDebt
/ us-gaap_DebtInstrumentAxis
= iep_ARIRefinancedTermLoanMember
/ us-gaap_StatementBusinessSegmentsAxis
= iep_RailcarSegmentMember
       
Proceeds from Issuance of Long-term Debt           316,000,000us-gaap_ProceedsFromIssuanceOfLongTermDebt
/ us-gaap_DebtInstrumentAxis
= iep_ARIRefinancedTermLoanMember
/ us-gaap_StatementBusinessSegmentsAxis
= iep_RailcarSegmentMember
                   
Use of portion of debt proceeds to repay other debt           194,000,000iep_Useofportionofdebtproceedstorepayotherdebt
/ us-gaap_DebtInstrumentAxis
= iep_ARIRefinancedTermLoanMember
/ us-gaap_StatementBusinessSegmentsAxis
= iep_RailcarSegmentMember
                   
Proceeds from issuance of Long-term debt after proceeds used to refinance prior debt           122,000,000iep_ProceedsfromissuanceofLongtermdebtafterproceedsusedtorefinancepriordebt
/ us-gaap_DebtInstrumentAxis
= iep_ARIRefinancedTermLoanMember
/ us-gaap_StatementBusinessSegmentsAxis
= iep_RailcarSegmentMember
                   
Railcar Segment [Member] | ARILL2TermLoan [Domain]                                
Debt Instrument [Line Items]                                
Long-term Debt                       100,000,000us-gaap_LongTermDebt
/ us-gaap_DebtInstrumentAxis
= iep_ARILL2TermLoanDomain
/ us-gaap_StatementBusinessSegmentsAxis
= iep_RailcarSegmentMember
       
Proceeds from Issuance of Debt             100,000,000us-gaap_ProceedsFromIssuanceOfDebt
/ us-gaap_DebtInstrumentAxis
= iep_ARILL2TermLoanDomain
/ us-gaap_StatementBusinessSegmentsAxis
= iep_RailcarSegmentMember
                 
Railcar Segment [Member] | ARI 2015 Notes [Domain]                                
Debt Instrument [Line Items]                                
Long-term Debt 621,000,000us-gaap_LongTermDebt
/ us-gaap_DebtInstrumentAxis
= iep_ARI2015NotesMember
/ us-gaap_StatementBusinessSegmentsAxis
= iep_RailcarSegmentMember
                             
Railcar Segment [Member] | Lease Fleet Financings [Member]                                
Debt Instrument [Line Items]                                
Pledged assets 495,000,000us-gaap_PledgedAssetsNotSeparatelyReportedOnStatementOfFinancialPosition
/ us-gaap_DebtInstrumentAxis
= iep_LeaseFleetFinancingsMember
/ us-gaap_StatementBusinessSegmentsAxis
= iep_RailcarSegmentMember
                    277,000,000us-gaap_PledgedAssetsNotSeparatelyReportedOnStatementOfFinancialPosition
/ us-gaap_DebtInstrumentAxis
= iep_LeaseFleetFinancingsMember
/ us-gaap_StatementBusinessSegmentsAxis
= iep_RailcarSegmentMember
       
Use of portion of debt proceeds   409,000,000iep_UseOfPortionOfDebtProceeds
/ us-gaap_DebtInstrumentAxis
= iep_LeaseFleetFinancingsMember
/ us-gaap_StatementBusinessSegmentsAxis
= iep_RailcarSegmentMember
                           
Railcar Segment [Member] | Citizen Bank Revolver [Member]                                
Debt Instrument [Line Items]                                
Line of credit facility               350,000,000us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
/ us-gaap_DebtInstrumentAxis
= iep_CitizenBankRevolverMember
/ us-gaap_StatementBusinessSegmentsAxis
= iep_RailcarSegmentMember
               
Line of credit facility, outstanding borowings 100,000,000us-gaap_LineOfCredit
/ us-gaap_DebtInstrumentAxis
= iep_CitizenBankRevolverMember
/ us-gaap_StatementBusinessSegmentsAxis
= iep_RailcarSegmentMember
                             
Senior credit facility, maximum borrowing availability               250,000,000us-gaap_LineOfCreditFacilityCurrentBorrowingCapacity
/ us-gaap_DebtInstrumentAxis
= iep_CitizenBankRevolverMember
/ us-gaap_StatementBusinessSegmentsAxis
= iep_RailcarSegmentMember
               
Additional borrowing availability               100,000,000iep_Additionalborrowingavailability
/ us-gaap_DebtInstrumentAxis
= iep_CitizenBankRevolverMember
/ us-gaap_StatementBusinessSegmentsAxis
= iep_RailcarSegmentMember
               
Railcar Segment [Member] | Heartland Bank Term Loan [Member] [Member]                                
Debt Instrument [Line Items]                                
Aggregate principal amount issued, long-term debt                         12,000,000us-gaap_DebtInstrumentFaceAmount
/ us-gaap_DebtInstrumentAxis
= iep_HeartlandBankTermLoanMemberMember
/ us-gaap_StatementBusinessSegmentsAxis
= iep_RailcarSegmentMember
     
Railcar Segment [Member] | Credit Agricole Term Loan [Member]                                
Debt Instrument [Line Items]                                
Aggregate principal amount issued, long-term debt                           375,000,000us-gaap_DebtInstrumentFaceAmount
/ us-gaap_DebtInstrumentAxis
= iep_CreditAgricoleTermLoanMember
/ us-gaap_StatementBusinessSegmentsAxis
= iep_RailcarSegmentMember
   
Railcar Segment [Member] | Banc of America Leasing & Capital, LLC [Member]                                
Debt Instrument [Line Items]                                
Aggregate principal amount issued, long-term debt                             47,000,000us-gaap_DebtInstrumentFaceAmount
/ us-gaap_DebtInstrumentAxis
= iep_BancofAmericaLeasingCapitalLLCMember
/ us-gaap_StatementBusinessSegmentsAxis
= iep_RailcarSegmentMember
 
Railcar Segment [Member] | Talmer Bank [Member]                                
Debt Instrument [Line Items]                                
Aggregate principal amount issued, long-term debt                             15,000,000us-gaap_DebtInstrumentFaceAmount
/ us-gaap_DebtInstrumentAxis
= iep_TalmerBankMember
/ us-gaap_StatementBusinessSegmentsAxis
= iep_RailcarSegmentMember
 
Railcar Segment [Member] | Class 2014 A-1 Notes [Member]                                
Debt Instrument [Line Items]                                
Aggregate principal amount issued, long-term debt                               175,000,000us-gaap_DebtInstrumentFaceAmount
/ us-gaap_DebtInstrumentAxis
= iep_Class2014A1NotesMember
/ us-gaap_StatementBusinessSegmentsAxis
= iep_RailcarSegmentMember
Interest rate, long-term debt                               2.92%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_DebtInstrumentAxis
= iep_Class2014A1NotesMember
/ us-gaap_StatementBusinessSegmentsAxis
= iep_RailcarSegmentMember
Railcar Segment [Member] | Class 2014 A-2 Notes [Member]                                
Debt Instrument [Line Items]                                
Aggregate principal amount issued, long-term debt                               150,000,000us-gaap_DebtInstrumentFaceAmount
/ us-gaap_DebtInstrumentAxis
= iep_Class2014A2NotesMember
/ us-gaap_StatementBusinessSegmentsAxis
= iep_RailcarSegmentMember
Interest rate, long-term debt                               3.97%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_DebtInstrumentAxis
= iep_Class2014A2NotesMember
/ us-gaap_StatementBusinessSegmentsAxis
= iep_RailcarSegmentMember
Railcar Segment [Member] | Term Loan [Member] | ARI Notes due 2020 [Member]                                
Debt Instrument [Line Items]                                
Interest reserve amount                       4,000,000iep_Interestreserveamount
/ us-gaap_DebtInstrumentAxis
= iep_ARINotesdue2020Member
/ us-gaap_LongtermDebtTypeAxis
= iep_TermLoanMember
/ us-gaap_StatementBusinessSegmentsAxis
= iep_RailcarSegmentMember
       
Loss on extinguishment of debt (Note 10) | Railcar Segment [Member]                                
Debt Instrument [Line Items]                                
Loss on extinguishment of debt $ (2,000,000)us-gaap_GainsLossesOnExtinguishmentOfDebt
/ iep_ComponentOfOtherIncomeLossNetAxis
= iep_LossOnDebtExtinguishmentMember
/ us-gaap_StatementBusinessSegmentsAxis
= iep_RailcarSegmentMember
              $ (2,000,000)us-gaap_GainsLossesOnExtinguishmentOfDebt
/ iep_ComponentOfOtherIncomeLossNetAxis
= iep_LossOnDebtExtinguishmentMember
/ us-gaap_StatementBusinessSegmentsAxis
= iep_RailcarSegmentMember
             
Minimum [Member] | Railcar Segment [Member] | Term Loan [Member]                                
Debt Instrument [Line Items]                                
Interest rate, long-term debt 3.35%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_DebtInstrumentAxis
= iep_TermLoanMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
/ us-gaap_StatementBusinessSegmentsAxis
= iep_RailcarSegmentMember
                             
Maximum [Member] | Railcar Segment [Member] | Term Loan [Member]                                
Debt Instrument [Line Items]                                
Interest rate, long-term debt 6.95%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_DebtInstrumentAxis
= iep_TermLoanMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
/ us-gaap_StatementBusinessSegmentsAxis
= iep_RailcarSegmentMember
                             
LIBOR [Member] | Railcar Segment [Member] | NCF I Term Loan [Member]                                
Debt Instrument [Line Items]                                
Debt Instrument, Basis Spread on Variable Rate 2.00%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
/ us-gaap_DebtInstrumentAxis
= iep_NCFITermLoanMember
/ us-gaap_StatementBusinessSegmentsAxis
= iep_RailcarSegmentMember
/ iep_VariableRateOptionAxis
= iep_LiborMember
                             
LIBOR [Member] | Railcar Segment [Member] | Class A-1 Notes [Member]                                
Debt Instrument [Line Items]                                
Debt Instrument, Basis Spread on Variable Rate 1.75%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
/ us-gaap_DebtInstrumentAxis
= iep_ClassA1NotesMember
/ us-gaap_StatementBusinessSegmentsAxis
= iep_RailcarSegmentMember
/ iep_VariableRateOptionAxis
= iep_LiborMember
                             
LIBOR [Member] | Railcar Segment [Member] | Citizen Bank Revolver [Member]                                
Debt Instrument [Line Items]                                
Debt Instrument, Basis Spread on Variable Rate 1.45%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
/ us-gaap_DebtInstrumentAxis
= iep_CitizenBankRevolverMember
/ us-gaap_StatementBusinessSegmentsAxis
= iep_RailcarSegmentMember
/ iep_VariableRateOptionAxis
= iep_LiborMember
                             
LIBOR [Member] | Railcar Segment [Member] | Credit Agricole Term Loan [Member]                                
Debt Instrument [Line Items]                                
Debt Instrument, Basis Spread on Variable Rate 1.75%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
/ us-gaap_DebtInstrumentAxis
= iep_CreditAgricoleTermLoanMember
/ us-gaap_StatementBusinessSegmentsAxis
= iep_RailcarSegmentMember
/ iep_VariableRateOptionAxis
= iep_LiborMember
                             
LIBOR [Member] | Railcar Segment [Member] | Banc of America Leasing & Capital, LLC [Member]                                
Debt Instrument [Line Items]                                
Debt Instrument, Basis Spread on Variable Rate 1.75%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
/ us-gaap_DebtInstrumentAxis
= iep_BancofAmericaLeasingCapitalLLCMember
/ us-gaap_StatementBusinessSegmentsAxis
= iep_RailcarSegmentMember
/ iep_VariableRateOptionAxis
= iep_LiborMember
                             
LIBOR [Member] | Railcar Segment [Member] | Talmer Bank [Member]                                
Debt Instrument [Line Items]                                
Debt Instrument, Basis Spread on Variable Rate 1.50%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
/ us-gaap_DebtInstrumentAxis
= iep_TalmerBankMember
/ us-gaap_StatementBusinessSegmentsAxis
= iep_RailcarSegmentMember
/ iep_VariableRateOptionAxis
= iep_LiborMember