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Consolidated Statements of Operations (USD $)
In Millions, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Revenues:      
Net sales $ 9,128 $ 7,904 $ 6,760
Other revenues from operations 770 227 139
Net gain from investment activities 1,905 814 1,406
Interest and dividend income 117 191 239
Other loss, net (65) (46) (1)
Total Revenues 11,855 9,090 8,543
Expenses:      
Cost of goods sold 7,872 6,759 5,842
Other expenses from operations 426 144 98
Selling, general and administrative 1,241 1,017 1,012
Restructuring 11 16 51
Impairment 71 12 41
Interest expense 436 389 319
Total Expenses 10,057 8,337 7,363
Income before income tax (expense) benefit 1,798 753 1,180
Income tax (expense) benefit (34) (9) 44
Income from continuing operations 1,764 744 1,224
(Loss) income from discontinued operations 0 (1) 1
Net income 1,764 743 1,225
Less: net income attributable to non-controlling interests (1,014) (544) (972)
Net income attributable to Icahn Enterprises 750 199 253
Net income attributable to Icahn Enterprises allocable to:      
Limited partners 735 195 229
General partner 15 4 24
Net income attributable to Icahn Enterprises $ 750 $ 199 $ 253
Basic income per LP unit $ 8.55 $ 2.32 $ 3.01
Basic weighted average LP units outstanding 86 84 76
Diluted income per LP unit $ 8.33 $ 2.32 $ 2.94
Diluted weighted average LP units outstanding 91 85 80
Cash distributions declared per LP unit $ 0.55 $ 1.00 $ 1.00