XML 127 R38.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Goodwill and Intangible Assets, Net (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2013
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Goodwill | Goodwill consists of the following:
| December 31, 2013
| Automotive |  | Energy |  | Metals |  | Railcar |  | Food Packaging |  | Consolidated
| (in millions)
Gross carrying amount, January 1 | $ | 1,368 |  |  | $ | 930 |  |  | $ | 14 |  |  | $ | 7 |  |  | $ | 3 |  |  | $ | 2,322 |
Purchase accounting adjustment | 8 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 8 |
Divestitures | (16 | ) |  | — |  |  | — |  |  | — |  |  | — |  |  | (16 | )
Gross carrying amount, December 31 | 1,360 |  |  | 930 |  |  | 14 |  |  | 7 |  |  | 3 |  |  | 2,314 |
Accumulated impairment, January 1 | (226 | ) |  | — |  |  | (14 | ) |  | — |  |  | — |  |  | (240 | )
Impairment | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Accumulated impairment, December 31 | (226 | ) |  | — |  |  | (14 | ) |  | — |  |  | — |  |  | (240 | )
Net carrying value, December 31 | $ | 1,134 |  |  | $ | 930 |  |  | $ | — |  |  | $ | 7 |  |  | $ | 3 |  |  | $ | 2,074 |
| December 31, 2012
| Automotive |  | Energy |  | Metals |  | Railcar |  | Food Packaging |  | Consolidated
| (in millions)
Gross carrying amount, January 1 | $ | 1,323 |  |  | $ | — |  |  | $ | 20 |  |  | $ | 7 |  |  | $ | 3 |  |  | $ | 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 |  |  | 14 |  |  | 7 |  |  | 3 |  |  | 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 |
Schedule of Definite-Lived and Infinite-Lived Intangible Assets | Intangible assets, net consists of the following:
| December 31, 2013 |  | December 31, 2012
| Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Value |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Value
| (in millions)
Definite-lived intangible assets: |  |  |  |  |  |  |  |  |  |  |
Customer relationships | $ | 914 |  |  | $ | (291 | ) |  | $ | 623 |  |  | $ | 921 |  |  | $ | (238 | ) |  | $ | 683 |
Developed technology | 120 |  |  | (67 | ) |  | 53 |  |  | 121 |  |  | (57 | ) |  | 64 |
In-place leases | 121 |  |  | (53 | ) |  | 68 |  |  | 121 |  |  | (43 | ) |  | 78 |
Gasification technology license | 60 |  |  | (4 | ) |  | 56 |  |  | 60 |  |  | (2 | ) |  | 58 |
Other | 47 |  |  | (18 | ) |  | 29 |  |  | 47 |  |  | (15 | ) |  | 32 |
| $ | 1,262 |  |  | $ | (433 | ) |  | 829 |  |  | $ | 1,270 |  |  | $ | (355 | ) |  | 915 |
Indefinite-lived intangible assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Trademarks and brand names |  |  |  |  | 255 |  |  |  |  |  |  | 262 |
Gaming licenses |  |  |  |  | 29 |  |  |  |  |  |  | 29 |
|  |  |  |  | 284 |  |  |  |  |  |  | 291 |
Intangible assets, net |  |  |  |  | $ | 1,113 |  |  |  |  |  |  | $ | 1,206 |
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)
2014 |  | $ | 80 |
2015 |  | 80 |
2016 |  | 77 |
2017 |  | 77 |
2018 |  | 69 |
Thereafter |  | 446 |
|  | $ | 829 |

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 Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16323-109275 + 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 Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=14024403&loc=d3e13816-109267 Reference 2: 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 + Details
Name: | us-gaap_ScheduleOfGoodwillTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration