XML 81 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Operations (Unaudited) (USD $)
In Millions, except Per Share data, unless otherwise specified
 3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Revenues:        
Net sales $ 3,707 $ 2,357 $ 6,106 $ 4,608
Other revenues from operations 204 183 396 376
Net gain from investment activities 278 590 336 1,207
Interest and dividend income 17 27 42 61
Other (loss) income, net (1) (15) 9 (32)
Total Revenues 4,205 3,142 6,889 6,220
Expenses:        
Cost of goods sold 3,229 2,009 5,301 3,934
Other expenses from operations 108 104 214 212
Selling, general and administrative 337 304 646 623
Restructuring 9 1 16 4
Impairment 32 3 34 3
Interest expense 128 113 245 222
Total Expenses 3,843 2,534 6,456 4,998
Income before income tax benefit (expense) 362 608 433 1,222
Income tax benefit (expense) 88 (24) 118 (42)
Net income 450 584 551 1,180
Less: net income attributable to non-controlling interests (210) (295) (262) (651)
Net income attributable to Icahn Enterprises 240 289 289 529
Net income attributable to Icahn Enterprises allocable to:        
Limited partners 235 283 283 518
General partner 5 6 6 11
Net income attributable to Icahn Enterprises $ 240 $ 289 $ 289 $ 529
Basic income per LP unit 2.35 3.25 2.86 5.95
Basic weighted average LP units outstanding (in units) 100 87 99 87
Diluted income per LP unit 2.29 3.15 2.83 5.77
Diluted weighted average LP units outstanding (in units) 105 92 104 92
Cash distributions declared per LP unit $ 0.10 $ 0.10 $ 0.20 $ 0.35