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Quarterly Financial Data (Unaudited)
12 Months Ended
Dec. 31, 2015
Quarterly Financial Data (Unaudited) [Abstract]  
Quarterly Financial Information [Text Block]
Quarterly Financial Data (Unaudited).
Quarterly financial data for Icahn Enterprises is presented below:
 
For the Three Months Ended
 
March 31,
 
June 30,
 
September 30,
 
December 31,
 
2015
 
2014
 
2015
 
2014
 
2015
 
2014
 
2015
 
2014
 
(in millions, except per unit data)
Net sales
$
3,565

 
$
4,666

 
$
3,979

 
$
4,867

 
$
3,720

 
$
4,557

 
$
3,340

 
$
3,982

Gross margin on net sales
440

 
524

 
655

 
540

 
496

 
339

 
272

 
184

Total revenues
4,511

 
4,990

 
4,984

 
6,379

 
3,212

 
4,422

 
2,565

 
3,366

Net income (loss)
422

 
77

 
541

 
1,123

 
(940
)
 
(627
)
 
(2,150
)
 
(1,102
)
Net (income) loss attributable to non-controlling interests
(261
)
 
(106
)
 
(329
)
 
(634
)
 
500

 
272

 
1,023

 
624

Net income (loss) attributable to Icahn Enterprises
161

 
(29
)
 
212

 
489

 
(440
)
 
(355
)
 
(1,127
)
 
(478
)
Basic income (loss) per LP unit(1)
$
1.28

 
$
(0.24
)
 
$
1.68

 
$
4.06

 
$
(3.40
)
 
$
(2.90
)
 
$
(8.56
)
 
$
(3.84
)
Diluted income (loss) per LP unit(1)
$
1.27

 
$
(0.24
)
 
$
1.68

 
$
4.06

 
$
(3.40
)
 
$
(2.90
)
 
$
(8.56
)
 
$
(3.84
)


(1) 
Basic and diluted income (loss) per LP unit is computed separately for each quarter and therefore, the sum of such quarterly per LP unit amounts may differ from the total for the year.