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Net Income Per LP Unit (Tables)
 6 Months Ended
Jun. 30, 2012
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 for the periods indicated:
 
Three Months Ended June 30,
 
Six Months Ended June 30,
  
2012
 
2011
 
2012
 
2011
 
(in millions, except per unit data)
Net income attributable to Icahn Enterprises
$
240

 
$
289

 
$
289

 
$
529

 
 
 
 
 
 
 
 
Income attributable to Icahn Enterprises allocable to limited partners (98.01% allocation)
$
235

 
$
283

 
$
283

 
$
518

 
 
 
 
 
 
 
 
Basic income per LP unit
$
2.35

 
$
3.25

 
$
2.86

 
$
5.95

Basic weighted average LP units outstanding
100

 
87

 
99

 
87

 
 
 
 
 
 
 
 
Dilutive effect of variable rate convertible notes:
 
 
 
 
 
 
 
   Income
$
5

 
$
7

 
$
11

 
$
13

   Units
5

 
5

 
5

 
5

 
 
 
 
 
 
 
 
Diluted income per LP unit:
$
2.29

 
$
3.15

 
$
2.83

 
$
5.77

Diluted weighted average LP units outstanding
105

 
92

 
104

 
92