XML 128 R41.htm IDEA: XBRL DOCUMENT
v2.4.0.6

Goodwill and Intangible Assets, Net (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2012
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Goodwill | Goodwill consists of the following:
| December 31, 2012
| Automotive |  | Energy |  | Railcar |  | Food Packaging |  | Metals |  | Consolidated
| (in millions)
Gross carrying amount, January 1 | $ | 1,323 |  |  | $ | — |  |  | $ | 7 |  |  | $ | 3 |  |  | $ | 20 |  |  | $ | 1,353 |
Acquisitions | — |  |  | 930 |  |  | — |  |  | — |  |  | — |  |  | 930 |
Adjustment to step-up value | 44 |  |  | — |  |  | — |  |  | — |  |  | (6 | ) |  | 38 |
Foreign exchange | 1 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 1 |
Gross carrying amount, December 31 | 1,368 |  |  | 930 |  |  | 7 |  |  | 3 |  |  | 14 |  |  | 2,322 |
Accumulated impairment, January 1 | (226 | ) |  | — |  |  | — |  |  | — |  |  | — |  |  | (226 | )
Impairment | — |  |  | — |  |  | — |  |  | — |  |  | (14 | ) |  | (14 | )
Accumulated impairment, December 31 | (226 | ) |  | — |  |  | — |  |  | — |  |  | (14 | ) |  | (240 | )
Net carrying value, December 31 | $ | 1,142 |  |  | $ | 930 |  |  | $ | 7 |  |  | $ | 3 |  |  | $ | — |  |  | $ | 2,082 |
| December 31, 2011
| Automotive |  | Energy |  | Railcar |  | Food Packaging |  | Metals |  | Consolidated
| (in millions)
Gross carrying amount, January 1 | $ | 1,343 |  |  | $ | — |  |  | $ | 7 |  |  | $ | 3 |  |  | $ | 2 |  |  | $ | 1,355 |
Acquisitions | — |  |  | — |  |  | — |  |  | — |  |  | 19 |  |  | 19 |
Adjustment to step-up value | (19 | ) |  | — |  |  | — |  |  | — |  |  | (1 | ) |  | (20 | )
Foreign exchange | (1 | ) |  | — |  |  | — |  |  | — |  |  | — |  |  | (1 | )
Gross carrying amount, December 31 | 1,323 |  |  | — |  |  | 7 |  |  | 3 |  |  | 20 |  |  | 1,353 |
Accumulated impairment, January 1 | (226 | ) |  | — |  |  | — |  |  | — |  |  | — |  |  | (226 | )
Impairment | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Accumulated impairment, December 31 | (226 | ) |  | — |  |  | — |  |  | — |  |  | — |  |  | (226 | )
Net carrying value, December 31 | $ | 1,097 |  |  | $ | — |  |  | $ | 7 |  |  | $ | 3 |  |  | $ | 20 |  |  | $ | 1,127 |
Schedule of Definite-Lived and Infinite-Lived Intangible Assets | Intangible assets, net consists of the following:
| December 31, 2012 |  | December 31, 2011
| Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Value |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Value
| (in millions)
Definite-lived intangible assets: |  |  |  |  |  |  |  |  |  |  |
Customer relationships | $ | 921 |  |  | $ | (238 | ) |  | $ | 683 |  |  | $ | 559 |  |  | $ | (187 | ) |  | $ | 372 |
Developed technology | 121 |  |  | (57 | ) |  | 64 |  |  | 119 |  |  | (46 | ) |  | 73 |
In-place leases | 121 |  |  | (43 | ) |  | 78 |  |  | 121 |  |  | (34 | ) |  | 87 |
Gasification technology license | 60 |  |  | (2 | ) |  | 58 |  |  | — |  |  | — |  |  | — |
Other | 47 |  |  | (15 | ) |  | 32 |  |  | 41 |  |  | (12 | ) |  | 29 |
| $ | 1,270 |  |  | $ | (355 | ) |  | 915 |  |  | $ | 840 |  |  | $ | (279 | ) |  | 561 |
Indefinite-lived intangible assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Trademarks and brand names |  |  |  |  | 262 |  |  |  |  |  |  | 309 |
Gaming licenses |  |  |  |  | 29 |  |  |  |  |  |  | 29 |
|  |  |  |  | 291 |  |  |  |  |  |  | 338 |
Intangible assets, net |  |  |  |  | $ | 1,206 |  |  |  |  |  |  | $ | 899 |
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block] | The estimated future amortization expense for our definite-lived intangible assets is as follows:
Year |  | Amount
|  | (in millions)
2013 |  | $ | 81 |
2014 |  | 81 |
2015 |  | 81 |
2016 |  | 78 |
2017 |  | 78 |
Thereafter |  | 516 |
|  | $ | 915 |

X
- Definition Schedule of Finite-Lived and Infinite-Lived Intangible Assets, Excluding Goodwill [Table Text Block] + References No definition available. + Details
Name: | iep_ScheduleOfFiniteLivedAndInfiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix: | iep_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

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

X
- Definition Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets. + References No definition available. + Details
Name: | us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 142 -Paragraph 45 -Subparagraph c -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 Statement of Financial Accounting Standard (FAS) -Number 142 -Paragraph 47 -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 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=14024403&loc=d3e13854-109267 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=14024403&loc=d3e13816-109267 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 142 -Paragraph 45 -Subparagraph e -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_ScheduleOfGoodwillTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration