EX-12.2 3 iep-ex122_123113.htm EXHIBIT
EXHIBIT 12.2
ICAHN ENTERPRISES HOLDINGS L.P. AND SUBSIDIARES
RATIO OF EARNINGS TO FIXED CHARGES
(in millions, except ratio)

| Year Ended December 31,
| 2013 |  | 2012 |  | 2011 |  | 2010 |  | 2009
Earnings: |  |  |  |  |  |  |  |  |
Income from continuing operations before income taxes, income (loss) from equity investees and non-controlling interests | $ | 2,300 |  |  | $ | 647 |  |  | $ | 1,805 |  |  | $ | 764 |  |  | $ | 1,188 |
Fixed charges | 595 |  |  | 606 |  |  | 521 |  |  | 470 |  |  | 393 |
Distributed income of equity investees | 33 |  |  | 31 |  |  | 16 |  |  | 43 |  |  | 7 |
Total Earnings | $ | 2,928 |  |  | $ | 1,284 |  |  | $ | 2,342 |  |  | $ | 1,277 |  |  | $ | 1,588 |
Fixed Charges: |  |  |  |  |  |  |  |  |  |
Interest expense | $ | 560 |  |  | $ | 571 |  |  | $ | 489 |  |  | $ | 443 |  |  | $ | 366 |
Estimated interest within rental expense | 35 |  |  | 35 |  |  | 32 |  |  | 27 |  |  | 27 |
Total Fixed Charges | $ | 595 |  |  | $ | 606 |  |  | $ | 521 |  |  | $ | 470 |  |  | $ | 393 |
Ratio of earnings to fixed charges | 4.9 |  |  | 2.1 |  |  | 4.5 |  |  | 2.7 |  |  | 4.0 |
Dollar shortfall | n/a |  |  | n/a |  |  | n/a |  |  | n/a |  |  | n/a |