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Segment Reporting, Income Statements (Details) (USD $)
In Millions, unless otherwise specified
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
reporting_segments
Jun. 30, 2011
Dec. 31, 2011
reporting_segments
Dec. 31, 2010
Dec. 31, 2009
Segment Reporting Information [Line Items]              
Number of reportable segments     9   8    
Revenues:              
Net sales $ 3,707 $ 2,357 $ 6,106 $ 4,608 $ 9,128 $ 7,904 $ 6,760
Other revenues from operations 204 183 396 376 770 227 139
Net gain from investment activities 278 590 336 1,207 1,905 814 1,406
Interest and dividend income 17 27 42 61 117 191 239
Other (loss) income, net (1) (15) 9 (32) (65) (45) (1)
Total Revenues 4,205 3,142 6,889 6,220 11,855 9,091 8,543
Expenses:              
Cost of goods sold 3,229 2,009 5,301 3,934 7,872 6,759 5,842
Other expenses from operations 108 104 214 212 426 144 98
Selling, general and administrative 337 304 646 623 1,241 1,017 1,012
Restructuring 9 1 16 4 11 16 51
Impairment 32 3 34 3 71 12 41
Interest expense 128 113 245 222 435 387 312
Total Expenses 3,843 2,534 6,456 4,998 10,056 8,335 7,356
Income before income tax benefit (expense) 362 608 433 1,222 1,799 756 1,187
Income tax benefit (expense) 88 (24) 118 (42) (34) (9) 44
Income from continuing operations         1,765 747 1,231
Less: net income attributable to non-controlling interests           (544) (972)
Net income (loss) attributable to Icahn Enterprises Holdings           203 259
Net income 450 584 551 1,180 1,765 746 1,232
Net Income (Loss) Attributable to Noncontrolling Interest 210 295 262 651 1,014 544 972
Net income attributable to Icahn Enterprises Holdings 240 289 289 529 751 202 260
Supplemental information:              
Capital expenditures 232 103 429 218 481 422 230
Depreciation and amortization 133 [1] 102 [1] 233 [1] 203 [1] 446 [2] 427 [2] 412 [2]
Investment Segment [Member]
             
Revenues:              
Net sales 0 0 0 0 0 0 0
Other revenues from operations 0 0 0 0 0 0 0
Net gain from investment activities 280 575 330 1,191 1,887 756 1,379
Interest and dividend income 14 26 37 60 110 178 217
Other (loss) income, net 1 (19) (1) (48) (88) (29) (62)
Total Revenues 295 582 366 1,203 1,909 905 1,534
Expenses:              
Cost of goods sold 0 0 0 0 0 0 0
Other expenses from operations 0 0 0 0 0 0 0
Selling, general and administrative 8 9 11 22 50 59 80
Restructuring 0 0 0 0 0 0 0
Impairment 0 0 0 0 0 0 0
Interest expense 0 6 2 9 15 4 4
Total Expenses 8 15 13 31 65 63 84
Income before income tax benefit (expense) 287 567 353 1,172 1,844 842 1,450
Income tax benefit (expense) 0 0 0 0 0 (2) (2)
Income from continuing operations           840 1,448
Less: net income attributable to non-controlling interests           (492) (979)
Net income (loss) attributable to Icahn Enterprises Holdings           348 469
Net income 287 567 353 1,172 1,844    
Net Income (Loss) Attributable to Noncontrolling Interest 171 278 205 630 971    
Net income attributable to Icahn Enterprises Holdings 116 289 148 542 873    
Supplemental information:              
Capital expenditures 0 0 0 0      
Depreciation and amortization 0 [1] 0 [1] 0 [1] 0 [1]      
Automotive Segment [Member]
             
Revenues:              
Net sales 1,704 1,800 3,468 3,524 6,910 6,219 5,330
Other revenues from operations 0 0 0 0 0 0 0
Net gain from investment activities 0 0 0 0 0 0 0
Interest and dividend income 1 2 2 3 6 5 8
Other (loss) income, net 4 3 13 12 21 15 59
Total Revenues 1,709 1,805 3,483 3,539 6,937 6,239 5,397
Expenses:              
Cost of goods sold 1,450 1,501 2,937 2,946 5,822 5,212 4,538
Other expenses from operations 0 0 0 0 0 0 0
Selling, general and administrative 186 185 387 374 736 704 742
Restructuring 8 0 14 1 5 8 32
Impairment 28 3 29 3 48 2 17
Interest expense 35 35 71 70 141 141 135
Total Expenses 1,707 1,724 3,438 3,394 6,752 6,067 5,464
Income before income tax benefit (expense) 2 81 45 145 185 172 (67)
Income tax benefit (expense) 29 (17) 20 (31) (17) (12) 39
Income from continuing operations           160 (28)
Less: net income attributable to non-controlling interests           (44) (1)
Net income (loss) attributable to Icahn Enterprises Holdings           116 (29)
Net income 31 64 65 114 168    
Net Income (Loss) Attributable to Noncontrolling Interest 9 18 19 31 47    
Net income attributable to Icahn Enterprises Holdings 22 46 46 83 121    
Supplemental information:              
Capital expenditures 93 77 223 177 348 251 176
Depreciation and amortization 71 [1] 71 [1] 140 [1] 139 [1] 314 333 327
Energy Segment [Member]
             
Revenues:              
Net sales 1,412 [3]   1,412 [3]        
Other revenues from operations 0 [3]   0 [3]        
Net gain from investment activities 0 [3]   0 [3]        
Interest and dividend income 0 [3]   0 [3]        
Other (loss) income, net (2) [3]   (2) [3]        
Total Revenues 1,410 [3]   1,410 [3]        
Expenses:              
Cost of goods sold 1,238 [3]   1,238 [3]        
Other expenses from operations 0 [3]   0 [3]        
Selling, general and administrative 36 [3]   36 [3]        
Restructuring 0 [3]   0 [3]        
Impairment 0 [3]   0 [3]        
Interest expense 9 [3]   9 [3]        
Total Expenses 1,283 [3]   1,283 [3]        
Income before income tax benefit (expense) 127 [3]   127 [3]        
Income tax benefit (expense) (48) [3]   (48) [3]        
Net income 79 [3]   79 [3]        
Net Income (Loss) Attributable to Noncontrolling Interest 22 [3]   22 [3]        
Net income attributable to Icahn Enterprises Holdings 57 [3]   57 [3]        
Supplemental information:              
Capital expenditures 31 [3]   31 [3]        
Depreciation and amortization 30 [1],[3]   30 [1],[3]        
Gaming Segment [Member]
             
Revenues:              
Net sales 0 0 0 0 0 0  
Other revenues from operations 164 145 319 302 624 78  
Net gain from investment activities 0 0 0 0 0 0  
Interest and dividend income 0 0 0 0 1 0  
Other (loss) income, net (6) 0 (8) 0 (1) 0  
Total Revenues 158 145 311 302 624 78  
Expenses:              
Cost of goods sold 0 0 0 0 0 0  
Other expenses from operations 82 79 162 163 329 41  
Selling, general and administrative 64 61 126 129 254 37  
Restructuring 0 0 0 0 0 0  
Impairment 2 0 2 0 5 0  
Interest expense 4 3 6 5 9 1  
Total Expenses 152 143 296 297 597 79  
Income before income tax benefit (expense) 6 2 15 5 27 (1)  
Income tax benefit (expense) (2) 1 (1) 3 (3) 0  
Income from continuing operations           (1)  
Less: net income attributable to non-controlling interests           2  
Net income (loss) attributable to Icahn Enterprises Holdings           1  
Net income 4 3 14 8 24    
Net Income (Loss) Attributable to Noncontrolling Interest 2 2 4 5 11    
Net income attributable to Icahn Enterprises Holdings 2 1 10 3 13    
Supplemental information:              
Capital expenditures 11 10 23 13 34 6 [4] 0
Depreciation and amortization 7 [1] 8 [1] 16 [1] 18 [1] 34 5 [4] 0
Railcar Segment [Member]
             
Revenues:              
Net sales 135 94 299 163 454 206 365
Other revenues from operations 20 18 37 34 65 68 58
Net gain from investment activities 0 0 0 0 0 0 24
Interest and dividend income 1 1 2 2 3 4 7
Other (loss) income, net 0 (3) 0 (5) (8) (8) (10)
Total Revenues 156 110 338 194 514 270 444
Expenses:              
Cost of goods sold 107 86 244 153 411 210 329
Other expenses from operations 14 13 28 26 50 55 47
Selling, general and administrative 8 5 14 12 25 26 25
Restructuring 0 0 0 0 0 0 0
Impairment 0 0 0 0 0 0 0
Interest expense 5 6 10 11 20 21 21
Total Expenses 134 110 296 202 506 312 422
Income before income tax benefit (expense) 22 0 42 (8) 8 (42) 22
Income tax benefit (expense) (9) 0 (17) 3 (4) 15 (7)
Income from continuing operations           (27) 15
Less: net income attributable to non-controlling interests           12 (7)
Net income (loss) attributable to Icahn Enterprises Holdings           (15) 8
Net income 13 0 25 (5) 4    
Net Income (Loss) Attributable to Noncontrolling Interest 6 0 11 (2) 2    
Net income attributable to Icahn Enterprises Holdings 7 0 14 (3) 2    
Supplemental information:              
Capital expenditures 78 1 119 2 36 6 15
Depreciation and amortization 6 [1] 6 [1] 11 [1] 12 [1] 23 23 22
Food Packaging Segment [Member]
             
Revenues:              
Net sales 86 89 169 169 339 316 299
Other revenues from operations 0 0 0 0 0 0 0
Net gain from investment activities 0 0 0 0 0 0 0
Interest and dividend income 0 0 0 0 0 0 0
Other (loss) income, net (2) 0 (2) 0 (1) 1 (3)
Total Revenues 84 89 167 169 338 317 296
Expenses:              
Cost of goods sold 67 66 130 127 263 234 220
Other expenses from operations 0 0 0 0 0 0 0
Selling, general and administrative 11 11 24 22 43 46 42
Restructuring 0 0 0 0 0 0 0
Impairment 0 0 0 0 0 0 1
Interest expense 5 5 10 10 21 21 16
Total Expenses 83 82 164 159 327 301 279
Income before income tax benefit (expense) 1 7 3 10 11 16 17
Income tax benefit (expense) 0 (2) (1) (3) (5) (2) (2)
Income from continuing operations           14 15
Less: net income attributable to non-controlling interests           (4) (4)
Net income (loss) attributable to Icahn Enterprises Holdings           10 11
Net income 1 5 2 7 6    
Net Income (Loss) Attributable to Noncontrolling Interest 0 1 1 2 2    
Net income attributable to Icahn Enterprises Holdings 1 4 1 5 4    
Supplemental information:              
Capital expenditures 11 9 23 14 37 20 24
Depreciation and amortization 5 [1] 4 [1] 9 [1] 8 [1] 17 14 15
Metals Segment [Member]
             
Revenues:              
Net sales 303 288 635 567 1,095 725 382
Other revenues from operations 0 0 0 0 0 0 0
Net gain from investment activities 0 0 0 0 0 0 0
Interest and dividend income 0 0 0 0 0 0 0
Other (loss) income, net 1 0 1 0 1 0 2
Total Revenues 304 288 636 567 1,096 725 384
Expenses:              
Cost of goods sold 311 278 642 539 1,068 697 403
Other expenses from operations 0 0 0 0 0 0 0
Selling, general and administrative 7 7 14 13 25 23 17
Restructuring 0 0 0 0 0 0 0
Impairment 0 0 0 0 0 0 13
Interest expense 0 0 0 0 0 0 0
Total Expenses 318 285 656 552 1,093 720 433
Income before income tax benefit (expense) (14) 3 (20) 15 3 5 (49)
Income tax benefit (expense) 0 0 4 (4) 3 (1) 19
Income from continuing operations           4 (30)
Less: net income attributable to non-controlling interests           0 0
Net income (loss) attributable to Icahn Enterprises Holdings           4 (30)
Net income (14) 3 (16) 11 6    
Net Income (Loss) Attributable to Noncontrolling Interest 0 0 0 0 0    
Net income attributable to Icahn Enterprises Holdings (14) 3 (16) 11 6    
Supplemental information:              
Capital expenditures 7 6 9 12 25 21 12
Depreciation and amortization 6 [1] 5 [1] 12 [1] 10 [1] 23 18 13
Real Estate Segment [Member]
             
Revenues:              
Net sales 3 4 3 5 8 9 15
Other revenues from operations 20 20 40 40 81 81 81
Net gain from investment activities 0 0 0 0 0 0 0
Interest and dividend income 0 0 0 0 0 0 0
Other (loss) income, net 1 1 2 1 1 0 0
Total Revenues 24 25 45 46 90 90 96
Expenses:              
Cost of goods sold 1 3 1 4 3 6 14
Other expenses from operations 12 12 24 23 47 48 51
Selling, general and administrative 4 4 7 8 16 19 9
Restructuring 0 0 0 0 0 0 0
Impairment 0 0 0 0 0 1 2
Interest expense 1 2 2 4 6 8 9
Total Expenses 18 21 34 39 72 82 85
Income before income tax benefit (expense) 6 4 11 7 18 8 11
Income tax benefit (expense) 0 0 0 0 0 0 0
Income from continuing operations           8 11
Less: net income attributable to non-controlling interests           0 0
Net income (loss) attributable to Icahn Enterprises Holdings           8 11
Net income 6 4 11 7 18    
Net Income (Loss) Attributable to Noncontrolling Interest 0 0 0 0 0    
Net income attributable to Icahn Enterprises Holdings 6 4 11 7 18    
Supplemental information:              
Capital expenditures 1 0 1 0 1 1 1
Depreciation and amortization 6 [1] 6 [1] 11 [1] 11 [1] 23 23 25
Home Fashion Segment [Member]
             
Revenues:              
Net sales 64 82 120 180 322 429 369
Other revenues from operations 0 0 0 0 0 0 0
Net gain from investment activities 0 0 0 0 0 0 0
Interest and dividend income 0 0 0 0 0 0 0
Other (loss) income, net 1 2 2 3 3 2 13
Total Revenues 65 84 122 183 325 431 382
Expenses:              
Cost of goods sold 55 75 109 165 305 400 338
Other expenses from operations 0 0 0 0 0 0 0
Selling, general and administrative 9 15 19 31 61 75 75
Restructuring 1 1 2 3 6 8 19
Impairment 2 0 3 0 18 9 8
Interest expense 0 1 0 1 1 1 1
Total Expenses 67 92 133 200 391 493 441
Income before income tax benefit (expense) (2) (8) (11) (17) (66) (62) (59)
Income tax benefit (expense) 0 0 0 0 0 0 0
Income from continuing operations           (62) (59)
Less: net income attributable to non-controlling interests           20 19
Net income (loss) attributable to Icahn Enterprises Holdings           (42) (40)
Net income (2) (8) (11) (17) (66)    
Net Income (Loss) Attributable to Noncontrolling Interest 0 (3) 0 (6) (10)    
Net income attributable to Icahn Enterprises Holdings (2) (5) (11) (11) (56)    
Supplemental information:              
Capital expenditures 0 0 0 0 0 2 2
Depreciation and amortization 2 [1] 2 [1] 4 [1] 5 [1] 11 11 10
Icahn Enterprises Holdings [Member]
             
Revenues:              
Net sales 0 0 0 0 0 0 0
Other revenues from operations 0 0 0 0 0 0 0
Net gain from investment activities (2) 15 6 25 27 79 3
Interest and dividend income 1 0 1 1 2 5 7
Other (loss) income, net 1 1 4 5 7 (26) 0
Total Revenues 0 16 11 31 36 58 10
Expenses:              
Cost of goods sold 0 0 0 0 0 0 0
Other expenses from operations 0 0 0 0 0 0 0
Selling, general and administrative 4 7 8 12 31 28 22
Restructuring 0 0 0 0 0 0 0
Impairment 0 0 0 0 0 0 0
Interest expense 69 55 135 112 222 190 126
Total Expenses 73 62 143 124 253 218 148
Income before income tax benefit (expense) (73) (46) (132) (93) (217) (160) (138)
Income tax benefit (expense) 118 (6) 161 (10) (8) (7) (3)
Income from continuing operations           (167) (141)
Less: net income attributable to non-controlling interests           (52) 0
Net income (loss) attributable to Icahn Enterprises Holdings           (219) (141)
Net income 45 (52) 29 (103) (225)    
Net Income (Loss) Attributable to Noncontrolling Interest 0 0 0 0 0    
Net income attributable to Icahn Enterprises Holdings 45 (52) 29 (103) (225)    
Supplemental information:              
Capital expenditures 0 0 0 0 0 115 0
Depreciation and amortization 0 [1] 0 [1] 0 [1] 0 [1] 1 0 0
Eliminations [Member]
             
Revenues:              
Net sales   0   0 0 0  
Other revenues from operations   0   0 0 0  
Net gain from investment activities   0   (9) (9) (21)  
Interest and dividend income   (2)   (5) (5) (1)  
Other (loss) income, net   0   0 0 0  
Total Revenues   (2)   (14) (14) (22)  
Expenses:              
Cost of goods sold   0   0 0 0  
Other expenses from operations   0   0 0 0  
Selling, general and administrative   0   0 0 0  
Restructuring   0   0 0 0  
Impairment   0   0 0 0  
Interest expense   0   0 0 0  
Total Expenses   0   0 0 0  
Income before income tax benefit (expense)   (2)   (14) (14) (22)  
Income tax benefit (expense)   0   0 0 0  
Income from continuing operations           (22)  
Less: net income attributable to non-controlling interests           14  
Net income (loss) attributable to Icahn Enterprises Holdings           (8)  
Net income   (2)   (14) (14)    
Net Income (Loss) Attributable to Noncontrolling Interest   (1)   (9) (9)    
Net income attributable to Icahn Enterprises Holdings   (1)   (5) (5)    
Supplemental information:              
Capital expenditures   0   0      
Depreciation and amortization   $ 0 [1]   $ 0 [1]      
[1] Excludes amounts related to the amortization of debt discounts and premiums.
[2] Depreciation and amortization includes amortization expense related to debt of $36 million, $35 million and $23 million for the years ended December 31, 2011, 2010 and 2009, respectively, which is included in interest expense in our consolidated statements of operations.
[3] We consolidated CVR effective May 4, 2012.
[4] Gaming results are for the period November 15, 2010 through December 31, 2010.