XML 82 R24.htm IDEA: XBRL DOCUMENT
v2.4.1.9

Other Income (Loss), Net | 12 Months Ended
--- | ---
Dec. 31, 2014
Other (Loss) Income, Net [Abstract] |
Other (Loss) Income, Net | Other Income (Loss), Net. Other income (loss), net consists of the following:
| Year Ended December 31,
| 2014 |  | 2013 |  | 2012
| (in millions)
Loss on extinguishment of debt (Note 10) | $ | (162 | ) |  | $ | — |  |  | $ | (10 | )
Realized and unrealized gain (loss) on derivatives, net (Note 7) | 186 |  |  | 57 |  |  | (190 | )
Tax settlement gain (loss) | 32 |  |  | (23 | ) |  | — |
Net gain (loss) on disposition of assets | 25 |  |  | (56 | ) |  | 5 |
Predecessor claim settlement | 53 |  |  | — |  |  | — |
Equity earnings from non-consolidated affiliates | 50 |  |  | 26 |  |  | 35 |
Foreign currency translation loss | (10 | ) |  | (12 | ) |  | (9 | )
Other | 8 |  |  | 29 |  |  | (6 | )
| $ | 182 |  |  | $ | 21 |  |  | $ | (175 | )
In December 2014, our Gaming segment settled certain predecessor claims which resulted in a one-time gain of $53 million during 2014. The net gain on disposition of assets for 2014 primarily relates to net gains on the sale of fixed assets within various segments. The net loss on disposition of assets for 2013 primarily relates to various divestitures by our Automotive segment. During the first quarter of 2013, our Automotive segment recorded a loss on divestiture of $48 million related to the disposal of its sintered components operations located in France. During the second quarter of 2013, our Automotive segment recorded a loss on divestiture of $6 million related to its connecting rod manufacturing facility located in Canada and its camshaft foundry located in the United Kingdom. During the third quarter of 2013, our Automotive segment recorded a loss on divestiture relating to its fuel pump business of $6 million, which is net of a $19 million OPEB curtailment gain, as discussed further in Note 11, "Pension, Other Post-employment Benefits and Employee Benefit Plans." Because the financial results from the disposition of these businesses were not material, individually or in the aggregate, to our consolidated financial statements, we did not reflect the dispositions of these businesses as discontinued operations in either the current period or on a retrospective basis. During 2014, our Gaming segment recorded a gain of $32 million related to the settlement of a certain property tax matter in Atlantic City, New Jersey. During 2013, our Food Packaging segment recorded a loss of $23 million related to the settlement of a certain tax matter.

X
- Details
Name: | iep_OtherLossIncomeNetAbstract
Namespace Prefix: | iep_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for other income or other expense items (both operating and nonoperating). Sources of nonoperating income or nonoperating expense that may be disclosed, include amounts earned from dividends, interest on securities, profits (losses) on securities, net and miscellaneous other income or income deductions. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.3,6,7,9) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 3, 6, 7, 9 -Article 5 + Details
Name: | us-gaap_OtherIncomeAndOtherExpenseDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration