XML 41 R87.htm IDEA: XBRL DOCUMENT
v2.4.0.6

Debt Narrative - Debt Facilities - Automotive (Details) (Automotive Segment [Member], USD $) | 12 Months Ended |
--- | --- | ---
Dec. 31, 2012 | Dec. 31, 2011
Revolving Credit Facility [Member] |  |
Debt Instrument [Line Items] |  |
Debt, Weighted Average Interest Rate | 2.60% | 3.70%
Revolving Credit Facility [Member] | Debt Facility [Member] |  |
Debt Instrument [Line Items] |  |
Line of credit facility | $ 540,000,000 |
Expected change in interest expense from 25 basis point change in interest rates, 2013 | 6,000,000 |
Expected change in interest expense from 25 basis point change in interest rates, 2014 | 7,000,000 |
Expected change in interest expense from 25 basis point change in interest rates, 2015 | 2,000,000 |
Revolving credit facility, unused borrowing availability | 451,000,000 | 496,000,000
Letter of Credit [Member] | Debt Facility [Member] |  |
Debt Instrument [Line Items] |  |
Letters of credit outstanding | 37,000,000 | 38,000,000
Term Loan [Member] | Debt Facility [Member] |  |
Debt Instrument [Line Items] |  |
Term of Interest Rate Derivatives | 5 years |
Term Loan Facility | 2,960,000,000 |
Notional value of interest rate swap agreements | 1,190,000,000 |
Average fixed interest rate of variable rate term loans through swap agreements | 5.37% |
Amount of hedged principal | 1,190,000,000 |
Term Loan [Member] | Debt Facility [Member] | Tranche B Loan [Member] |  |
Debt Instrument [Line Items] |  |
Term Loan Facility | 1,960,000,000 |
Term Loan [Member] | Debt Facility [Member] | Tranche C Loan [Member] |  |
Debt Instrument [Line Items] |  |
Term Loan Facility | $ 1,000,000,000 |
LIBOR [Member] | Term Loan [Member] | Debt Facility [Member] |  |
Debt Instrument [Line Items] |  |
Percentage spread on debt | 1.9375% |
Base Rate [Member] | Term Loan [Member] | Debt Facility [Member] |  |
Debt Instrument [Line Items] |  |
Percentage spread on debt | 0.9375% |
Minimum [Member] | LIBOR [Member] | Revolving Credit Facility [Member] | Debt Facility [Member] |  |
Debt Instrument [Line Items] |  |
Percentage spread on debt | 1.50% |
Minimum [Member] | Base Rate [Member] | Revolving Credit Facility [Member] | Debt Facility [Member] |  |
Debt Instrument [Line Items] |  |
Percentage spread on debt | 0.50% |
Maximum [Member] | LIBOR [Member] | Revolving Credit Facility [Member] | Debt Facility [Member] |  |
Debt Instrument [Line Items] |  |
Percentage spread on debt | 2.00% |
Maximum [Member] | Base Rate [Member] | Revolving Credit Facility [Member] | Debt Facility [Member] |  |
Debt Instrument [Line Items] |  |
Percentage spread on debt | 1.00% |

X
- Definition Expected Change in Interest Expense from 25 Basis Point Change in Debt Instrument Interest Rate, Year Three + References No definition available. + Details
Name: | iep_ExpectedChangeInInterestExpenseFrom25BasisPointChangeInDebtInstrumentInterestRateYearThree
Namespace Prefix: | iep_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Expected Change in Interest Expense from 25 Basis Point Change in Debt Instrument Interest Rate, Year Two + References No definition available. + Details
Name: | iep_ExpectedChangeInInterestExpenseFrom25BasisPointChangeInDebtInstrumentInterestRateYearTwo
Namespace Prefix: | iep_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Expected Change in Interest Expense from 25 Basis Point Change in Interest Rates, Year One + References No definition available. + Details
Name: | iep_ExpectedChangeInInterestExpenseFrom25BasisPointChangeInInterestRatesYearOne
Namespace Prefix: | iep_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Term of Interest Rate Derivatives + References No definition available. + Details
Name: | iep_TermOfInterestRateDerivatives
Namespace Prefix: | iep_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Definition The percentage points added to the reference rate to compute the variable rate on the debt instrument. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentBasisSpreadOnVariableRate
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition The stated principal amount of the debt instrument at time of issuance, which may vary from the carrying amount because of unamortized premium or discount. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28551-108399 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=6584090&loc=d3e28878-108400 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Principles Board Opinion (APB) -Number 21 -Paragraph 16, 20 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
Name: | us-gaap_DebtInstrumentFaceAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Details
Name: | us-gaap_DebtInstrumentLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Reflects the calculation as of the balance sheet date of the average interest rate weighted by the amount of debt outstanding by type or by instrument at that time. + References No definition available. + Details
Name: | us-gaap_DebtWeightedAverageInterestRate
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Amount of the hedged item as of the balance sheet date related to the derivative. For example, the hedged balance on a debt instrument. + References No definition available. + Details
Name: | us-gaap_DerivativeAmountOfHedgedItem
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | na
Period Type: | instant

X
- Definition Average fixed interest rate related to the group of interest rate derivatives. + References No definition available. + Details
Name: | us-gaap_DerivativeAverageFixedInterestRate
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Amount borrowed under the credit facility as of the balance sheet date. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 19, 22 -Article 5 + Details
Name: | us-gaap_LineOfCreditFacilityAmountOutstanding
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 129 -Paragraph 2, 4 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 19, 22 -Article 5 + Details
Name: | us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of borrowing capacity currently available under the credit facility (current borrowing capacity less the amount of borrowings outstanding). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 19, 22 -Article 5 + Details
Name: | us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Aggregate notional amount of interest rate derivatives, which relates to the currency amount specified in the interest rate derivative instruments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1A -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5579245-113959 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Notional Amount -URI http://asc.fasb.org/extlink&oid=6519104 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1B -URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5580258-113959 + Details
Name: | us-gaap_NotionalAmountOfInterestRateDerivatives
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant