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Consolidated Statements of Operations (Unaudited) (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Revenues:    
Net sales $ 2,399 $ 2,251
Other revenues from operations 192 193
Net gain from investment activities 58 617
Interest and dividend income 25 34
Other income (loss), net 10 (17)
Total Revenues 2,684 3,078
Expenses:    
Cost of goods sold 2,072 1,925
Other expenses from operations 106 108
Selling, general and administrative 309 319
Restructuring 7 3
Impairment 2 0
Interest expense 117 109
Total Expenses 2,613 2,464
Income before income tax benefit (expense) 71 614
Income tax benefit (expense) 30 (18)
Net income 101 596
Less: net income attributable to non-controlling interests (52) (356)
Net income attributable to Icahn Enterprises 49 240
Net income attributable to Icahn Enterprises allocable to:    
Limited partners 48 235
General partner 1 5
Net income attributable to Icahn Enterprises $ 49 $ 240
Basic income per LP unit $ 0.49 $ 2.73
Basic weighted average LP units outstanding 97 86
Diluted income per LP unit $ 0.49 $ 2.65
Diluted weighted average LP units outstanding 97 91
Cash distributions declared per LP unit $ 0.10 $ 0.25