$IEP
ICAHN ENTERPRISES L.P. Stock $iep

$iep Overview Financials Valuation SEC Filings Company Website

2015 Q2 Form 10-Q Financial Statement

#000081376215000020 Filed on May 07, 2015

Income Statement

Concept	2015 Q2	2015 Q1	2014 Q1
Revenue	$4.984B	$4.511B	$4.990B
YoY Change	-21.87%	-9.6%	-7.06%
Cost Of Revenue	$3.324B	$3.125B	$4.142B
YoY Change	-23.18%	-24.55%	6.4%
Gross Profit	$655.0M	$440.0M	$524.0M
YoY Change	21.3%	-16.03%	-23.05%
Gross Profit Margin	13.14%	9.75%	10.5%
Selling, General & Admin	$528.0M	$477.0M	$360.0M
YoY Change	15.79%	32.5%	-2.96%
% of Gross Profit	80.61%	108.41%	68.7%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$209.0M	$204.0M	$187.0M
YoY Change	7.18%	9.09%	10.0%
% of Gross Profit	31.91%	46.36%	35.69%
Operating Expenses	$528.0M	$477.0M	$360.0M
YoY Change	15.79%	32.5%	-2.96%
Operating Profit	$127.0M	-$37.00M	$164.0M
YoY Change	51.19%	-122.56%	-47.1%
Interest Expense	$287.0M	$270.0M	$170.0M
YoY Change	45.69%	58.82%	17.24%
% of Operating Profit	225.98%		103.66%
Other Income/Expense, Net	$19.00M	-$27.00M	$35.00M
YoY Change	46.15%	-177.14%	-177.78%
Pretax Income	$654.0M	$471.0M	$180.0M
YoY Change	-45.73%	161.67%	-78.31%
Income Tax	$113.0M	$49.00M	$103.0M
% Of Pretax Income	17.28%	10.4%	57.22%
Net Earnings	$212.0M	$161.0M	-$29.00M
YoY Change	-56.65%	-655.17%	-110.47%
Net Earnings / Revenue	4.25%	3.57%	-0.58%
Basic Earnings Per Share
Diluted Earnings Per Share	$1.655M	$1.267M	-$236.1K
COMMON SHARES
Basic Shares Outstanding	124.8M shares	123.1M shares	116.9M shares
Diluted Shares Outstanding

Balance Sheet

Concept	2015 Q2	2015 Q1	2014 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$3.924B	$4.873B	$4.071B
YoY Change	-15.03%	19.7%	5.44%
Cash & Equivalents	$2.154B	$2.868B	$3.342B
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory	$2.339B	$1.937B	$1.964B
Prepaid Expenses
Receivables	$2.027B	$1.776B	$1.927B
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$8.290B	$8.586B	$7.962B
YoY Change	-2.86%	7.84%	0.7%
LONG-TERM ASSETS
Property, Plant & Equipment	$9.666B	$9.201B	$8.170B
YoY Change	13.25%	12.62%	24.33%
Goodwill	$2.085B	$2.048B	$2.082B
YoY Change	-1.14%	-1.63%	-0.34%
Intangibles	$1.140B	$1.133B	$1.099B
YoY Change	0.0%	3.09%	-6.86%
Long-Term Investments	$14.47B	$14.87B	$14.85B
YoY Change	-16.03%	0.15%	93.06%
Other Assets
YoY Change
Total Long-Term Assets	$28.99B	$28.66B	$27.22B
YoY Change	-3.45%	5.26%	48.33%
TOTAL ASSETS
Total Short-Term Assets	$8.290B	$8.586B	$7.962B
Total Long-Term Assets	$28.99B	$28.66B	$27.22B
Total Assets	$37.28B	$37.24B	$35.19B
YoY Change	-3.32%	5.84%	33.99%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$5.471B	$6.054B	$5.288B
YoY Change	-4.84%	14.49%	198.42%
Accrued Expenses	$2.576B	$1.853B	$2.489B
YoY Change	-19.95%	-25.55%	29.64%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$8.047B	$7.907B	$7.777B
YoY Change	-10.26%	1.67%	110.64%
LONG-TERM LIABILITIES
Long-Term Debt	$12.12B	$12.09B	$11.07B
YoY Change	6.85%	9.23%	35.23%
Other Long-Term Liabilities	$2.342B	$3.173B	$1.988B
YoY Change	17.63%	59.61%	-3.4%
Total Long-Term Liabilities	$14.46B	$15.26B	$13.06B
YoY Change	8.46%	16.9%	27.47%
TOTAL LIABILITIES
Total Short-Term Liabilities	$8.047B	$7.907B	$7.777B
Total Long-Term Liabilities	$14.46B	$15.26B	$13.06B
Total Liabilities	$23.84B	$24.51B	$22.30B
YoY Change	0.02%	9.92%	45.41%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$5.687B	$5.322B	$5.996B
YoY Change
Total Liabilities & Shareholders Equity	$37.28B	$37.24B	$35.19B
YoY Change	-3.32%	5.84%	33.99%

Cashflow Statement

Concept	2015 Q2	2015 Q1	2014 Q1
OPERATING ACTIVITIES
Net Income	$212.0M	$161.0M	-$29.00M
YoY Change	-56.65%	-655.17%	-110.47%
Depreciation, Depletion And Amortization	$209.0M	$204.0M	$187.0M
YoY Change	7.18%	9.09%	10.0%
Cash From Operating Activities	$339.0M	-$186.0M	-$802.0M
YoY Change	-1041.67%	-76.81%	-1229.58%
INVESTING ACTIVITIES
Capital Expenditures	$366.0M	$363.0M	-$282.0M
YoY Change	-220.0%	-228.72%	1.08%
Acquisitions		$305.0M	$0.00
YoY Change
Other Investing Activities	-$554.0M	$0.00	$14.00M
YoY Change	23.94%	-100.0%	366.67%
Cash From Investing Activities	-$920.0M	-$573.0M	-$296.0M
YoY Change	22.34%	93.58%	-16.62%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-135.0M	$702.0M	$1.180B
YoY Change	-117.46%	-40.51%	-465.33%
NET CHANGE
Cash From Operating Activities	339.0M	-$186.0M	-$802.0M
Cash From Investing Activities	-920.0M	-$573.0M	-$296.0M
Cash From Financing Activities	-135.0M	$702.0M	$1.180B
Net Change In Cash	-716.0M	-$57.00M	$82.00M
YoY Change	4673.33%	-169.51%	-113.51%
FREE CASH FLOW
Cash From Operating Activities	$339.0M	-$186.0M	-$802.0M
Capital Expenditures	$366.0M	$363.0M	-$282.0M
Free Cash Flow	-$27.00M	-$549.0M	-$520.0M
YoY Change	-110.04%	5.58%	-248.57%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2015Q1	dei	Amendment Flag AmendmentFlag	false
CY2015Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2015Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2015Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2015
CY2015Q1	dei	Document Period End Date DocumentPeriodEndDate	2015-03-31
CY2015Q1	dei	Document Type DocumentType	10-Q
CY2015Q1	dei	Entity Central Index Key EntityCentralIndexKey	0000813762
CY2015Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	124817349	shares
CY2015Q1	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2015Q1	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
CY2015Q1	dei	Entity Registrant Name EntityRegistrantName	ICAHN ENTERPRISES L.P.
CY2015Q1	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
CY2015Q1	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	No
CY2014Q4	iep	Accumulated Other Comprehensive Income Loss Translation Adjustments And Other Net Of Tax AccumulatedOtherComprehensiveIncomeLossTranslationAdjustmentsAndOtherNetOfTax	-575000000	USD
CY2015Q1	iep	Accumulated Other Comprehensive Income Loss Translation Adjustments And Other Net Of Tax AccumulatedOtherComprehensiveIncomeLossTranslationAdjustmentsAndOtherNetOfTax	-703000000	USD
CY2015Q1	iep	Additional Shares Included In Calculation Of Diluted Eps As Result Of Potentially Dilutive Effect Of Unit Distribution AdditionalSharesIncludedInCalculationOfDilutedEpsAsResultOfPotentiallyDilutiveEffectOfUnitDistribution	1000000	shares
CY2014Q1	iep	Capital Contributions By Non Controlling Interests CapitalContributionsByNonControllingInterests	0	USD
CY2015Q1	iep	Capital Contributions By Non Controlling Interests CapitalContributionsByNonControllingInterests	245000000	USD
CY2014Q1	iep	Changesinaccountspayablerelatedtoconstructioninprogressadditions Changesinaccountspayablerelatedtoconstructioninprogressadditions	-5000000	USD
CY2015Q1	iep	Changesinaccountspayablerelatedtoconstructioninprogressadditions Changesinaccountspayablerelatedtoconstructioninprogressadditions	-3000000	USD
CY2014Q1	iep	Depreciation And Amortization Including Non Cash Interest Expense DepreciationAndAmortizationIncludingNonCashInterestExpense	197000000	USD
CY2015Q1	iep	Depreciation And Amortization Including Non Cash Interest Expense DepreciationAndAmortizationIncludingNonCashInterestExpense	207000000	USD
CY2015Q1	iep	Dilutive Securities Effect On Earnings Per Unit From Distribution Of Depositary Units DilutiveSecuritiesEffectOnEarningsPerUnitFromDistributionOfDepositaryUnits	0	USD
CY2014Q1	iep	Distrubtion Payable To Lp Unit Holders DistrubtionPayableToLpUnitHolders	175000000	USD
CY2015Q1	iep	Distrubtion Payable To Lp Unit Holders DistrubtionPayableToLpUnitHolders	188000000	USD
CY2015Q1	iep	Investment Management Contributions InvestmentManagementContributions	245000000	USD
CY2014Q1	iep	Net Payments Associated With Business Dispositions NetPaymentsAssociatedWithBusinessDispositions	0	USD
CY2015Q1	iep	Net Payments Associated With Business Dispositions NetPaymentsAssociatedWithBusinessDispositions	-15000000	USD
CY2014Q4	iep	Other Assets And Due From Correspondent Brokers OtherAssetsAndDueFromCorrespondentBrokers	1320000000	USD
CY2015Q1	iep	Other Assets And Due From Correspondent Brokers OtherAssetsAndDueFromCorrespondentBrokers	1404000000	USD
CY2014Q1	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	105000000	USD
CY2015Q1	iep	Other Comprehensive Income Before Reclassifications To Income OtherComprehensiveIncomeBeforeReclassificationsToIncome	-94000000	USD
CY2015Q1	iep	Other Comprehensive Income Portion Representing Reclassificaitons To Earnings OtherComprehensiveIncomePortionRepresentingReclassificaitonsToEarnings	-11000000	USD
CY2015Q1	iep	Other Comprehensive Income Translation Adjustments And Other Before Reclassificaitons Net Of Tax OtherComprehensiveIncomeTranslationAdjustmentsAndOtherBeforeReclassificaitonsNetOfTax	-109000000	USD
CY2014Q1	iep	Other Comprehensive Income Translation Adjustments And Other Changes In Other Comprehensive Income OtherComprehensiveIncomeTranslationAdjustmentsAndOtherChangesInOtherComprehensiveIncome	-5000000	USD
CY2015Q1	iep	Other Comprehensive Income Translation Adjustments And Other Changes In Other Comprehensive Income OtherComprehensiveIncomeTranslationAdjustmentsAndOtherChangesInOtherComprehensiveIncome	-128000000	USD
CY2014Q1	iep	Purchases To Cover Securities Sold Not Yet Purchased PurchasesToCoverSecuritiesSoldNotYetPurchased	73000000	USD
CY2015Q1	iep	Purchases To Cover Securities Sold Not Yet Purchased PurchasesToCoverSecuritiesSoldNotYetPurchased	186000000	USD
CY2015Q1	iep	Reclassificaion Of Translation Adjustments And Other In Aoci Into Earnings Net Of Tax ReclassificaionOfTranslationAdjustmentsAndOtherInAociIntoEarningsNetOfTax	-19000000	USD
CY2014Q1	iep	Total Expenses TotalExpenses	4810000000	USD
CY2015Q1	iep	Total Expenses TotalExpenses	4040000000	USD
CY2014Q4	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	4877000000	USD
CY2015Q1	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	5478000000	USD
CY2014Q4	us-gaap	Accounts Payable Current And Noncurrent AccountsPayableCurrentAndNoncurrent	1387000000	USD
CY2015Q1	us-gaap	Accounts Payable Current And Noncurrent AccountsPayableCurrentAndNoncurrent	1427000000	USD
CY2014Q4	us-gaap	Accounts Receivable Net AccountsReceivableNet	1691000000	USD
CY2015Q1	us-gaap	Accounts Receivable Net AccountsReceivableNet	1776000000	USD
CY2014Q4	us-gaap	Accrued Liabilities Current And Noncurrent AccruedLiabilitiesCurrentAndNoncurrent	2235000000	USD
CY2015Q1	us-gaap	Accrued Liabilities Current And Noncurrent AccruedLiabilitiesCurrentAndNoncurrent	2713000000	USD
CY2014Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	3611000000	USD
CY2015Q1	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	3677000000	USD
CY2014Q4	us-gaap	Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax	-26000000	USD
CY2015Q1	us-gaap	Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax	-25000000	USD
CY2014Q4	us-gaap	Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax	692000000	USD
CY2015Q1	us-gaap	Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax	670000000	USD
CY2014Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-1293000000	USD
CY2015Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-1398000000	USD
CY2014Q1	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	10000000	USD
CY2015Q1	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	3000000	USD
CY2014Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	20000000	USD
CY2015Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	22000000	USD
CY2014Q1	us-gaap	Asset Impairment Charges AssetImpairmentCharges	1000000	USD
CY2015Q1	us-gaap	Asset Impairment Charges AssetImpairmentCharges	1000000	USD
CY2014Q4	us-gaap	Assets Assets	35780000000	USD
CY2015Q1	us-gaap	Assets Assets	37241000000	USD
CY2013Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	3262000000	USD
CY2014Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	3342000000	USD
CY2014Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	2912000000	USD
CY2015Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	2868000000	USD
CY2014Q1	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	80000000	USD
CY2015Q1	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-44000000	USD
CY2014Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2015Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2015Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	1.50
CY2015Q1	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	239000000	USD
CY2014Q1	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	74000000	USD
CY2014Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-31000000	USD
CY2015Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	78000000	USD
CY2015Q1	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	317000000	USD
CY2014Q1	us-gaap	Construction In Progress Expenditures Incurred But Not Yet Paid ConstructionInProgressExpendituresIncurredButNotYetPaid	27000000	USD
CY2014Q4	us-gaap	Goodwill Gross GoodwillGross	2329000000	USD
CY2015Q1	us-gaap	Construction In Progress Expenditures Incurred But Not Yet Paid ConstructionInProgressExpendituresIncurredButNotYetPaid	22000000	USD
CY2014Q1	us-gaap	Cost Of Goods Sold CostOfGoodsSold	4142000000	USD
CY2015Q1	us-gaap	Cost Of Goods Sold CostOfGoodsSold	3125000000	USD
CY2014Q4	us-gaap	Debt And Capital Lease Obligations DebtAndCapitalLeaseObligations	11588000000	USD
CY2015Q1	us-gaap	Debt And Capital Lease Obligations DebtAndCapitalLeaseObligations	12088000000	USD
CY2014Q4	us-gaap	Deferred Tax Liabilities DeferredTaxLiabilities	1255000000	USD
CY2015Q1	us-gaap	Deferred Tax Liabilities DeferredTaxLiabilities	1338000000	USD
CY2014Q1	us-gaap	Depreciation Depreciation	167000000	USD
CY2015Q1	us-gaap	Depreciation Depreciation	182000000	USD
CY2014Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	187000000	USD
CY2015Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	204000000	USD
CY2015Q1	us-gaap	Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet	0	USD
CY2014Q1	us-gaap	Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax	5000000	USD
CY2015Q1	us-gaap	Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax	11000000	USD
CY2014Q1	us-gaap	Distribution Made To Limited Partner Cash Distributions Paid DistributionMadeToLimitedPartnerCashDistributionsPaid	24000000	USD
CY2015Q1	us-gaap	Distribution Made To Limited Partner Cash Distributions Paid DistributionMadeToLimitedPartnerCashDistributionsPaid	0	USD
CY2014Q1	us-gaap	Distributions Per Limited Partnership Unit Outstanding DistributionsPerLimitedPartnershipUnitOutstanding	1.50
CY2015Q1	us-gaap	Distributions Per Limited Partnership Unit Outstanding DistributionsPerLimitedPartnershipUnitOutstanding	1.50
CY2014Q4	us-gaap	Due To Correspondent Brokers DueToCorrespondentBrokers	5197000000	USD
CY2015Q1	us-gaap	Due To Correspondent Brokers DueToCorrespondentBrokers	4627000000	USD
CY2014Q1	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	-2000000	USD
CY2015Q1	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	13000000	USD
CY2014Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.572
CY2015Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.104
CY2014Q1	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.35
CY2015Q1	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.35
CY2014Q4	us-gaap	Financial Instruments Sold Not Yet Purchased At Fair Value FinancialInstrumentsSoldNotYetPurchasedAtFairValue	337000000	USD
CY2015Q1	us-gaap	Financial Instruments Sold Not Yet Purchased At Fair Value FinancialInstrumentsSoldNotYetPurchasedAtFairValue	958000000	USD
CY2014Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	512000000	USD
CY2015Q1	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	534000000	USD
CY2014Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	1305000000	USD
CY2015Q1	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	1372000000	USD
CY2014Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	793000000	USD
CY2015Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	838000000	USD
CY2014Q1	us-gaap	Gain Loss On Investments GainLossOnInvestments	154000000	USD
CY2015Q1	us-gaap	Gain Loss On Investments GainLossOnInvestments	525000000	USD
CY2014Q1	us-gaap	Gain Loss On Investments Excluding Other Than Temporary Impairments GainLossOnInvestmentsExcludingOtherThanTemporaryImpairments	-31000000	USD
CY2015Q1	us-gaap	Gain Loss On Investments Excluding Other Than Temporary Impairments GainLossOnInvestmentsExcludingOtherThanTemporaryImpairments	591000000	USD
CY2014Q1	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	-126000000	USD
CY2015Q1	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	-2000000	USD
CY2014Q4	us-gaap	General Partners Capital Account GeneralPartnersCapitalAccount	-229000000	USD
CY2015Q1	us-gaap	General Partners Capital Account GeneralPartnersCapitalAccount	-231000000	USD
CY2014Q4	us-gaap	Goodwill Goodwill	2000000000	USD
CY2015Q1	us-gaap	Goodwill Goodwill	2048000000	USD
CY2015Q1	us-gaap	Goodwill Gross GoodwillGross	2377000000	USD
CY2014Q4	us-gaap	Goodwill Impaired Accumulated Impairment Loss GoodwillImpairedAccumulatedImpairmentLoss	329000000	USD
CY2015Q1	us-gaap	Goodwill Impaired Accumulated Impairment Loss GoodwillImpairedAccumulatedImpairmentLoss	329000000	USD
CY2014Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	180000000	USD
CY2015Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	471000000	USD
CY2014Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	103000000	USD
CY2015Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	49000000	USD
CY2014Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	15000000	USD
CY2015Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	-38000000	USD
CY2014Q1	us-gaap	Increase Decrease In Broker Dealer Related Receivables Payables Net IncreaseDecreaseInBrokerDealerRelatedReceivablesPayablesNet	-1718000000	USD
CY2015Q1	us-gaap	Increase Decrease In Broker Dealer Related Receivables Payables Net IncreaseDecreaseInBrokerDealerRelatedReceivablesPayablesNet	560000000	USD
CY2014Q1	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	-63000000	USD
CY2015Q1	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	-5000000	USD
CY2014Q1	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	98000000	USD
CY2015Q1	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	-113000000	USD
CY2014Q1	us-gaap	Increase Decrease In Restricted Cash For Operating Activities IncreaseDecreaseInRestrictedCashForOperatingActivities	335000000	USD
CY2015Q1	us-gaap	Increase Decrease In Restricted Cash For Operating Activities IncreaseDecreaseInRestrictedCashForOperatingActivities	534000000	USD
CY2014Q4	us-gaap	Indefinite Lived Intangible Assets Excluding Goodwill IndefiniteLivedIntangibleAssetsExcludingGoodwill	295000000	USD
CY2015Q1	us-gaap	Indefinite Lived Intangible Assets Excluding Goodwill IndefiniteLivedIntangibleAssetsExcludingGoodwill	295000000	USD
CY2014Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	1088000000	USD
CY2015Q1	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	1133000000	USD
CY2014Q4	us-gaap	Intangible Assets Net Including Goodwill IntangibleAssetsNetIncludingGoodwill	3088000000	USD
CY2015Q1	us-gaap	Intangible Assets Net Including Goodwill IntangibleAssetsNetIncludingGoodwill	3181000000	USD
CY2014Q1	us-gaap	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	59000000	USD
CY2015Q1	us-gaap	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	53000000	USD
CY2014Q1	us-gaap	Interest Expense InterestExpense	170000000	USD
CY2015Q1	us-gaap	Interest Expense InterestExpense	270000000	USD
CY2014Q1	us-gaap	Interest Paid Net InterestPaidNet	245000000	USD
CY2015Q1	us-gaap	Interest Paid Net InterestPaidNet	200000000	USD
CY2014Q4	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	1185000000	USD
CY2015Q1	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	1211000000	USD
CY2014Q4	us-gaap	Inventory Net InventoryNet	1879000000	USD
CY2015Q1	us-gaap	Inventory Net InventoryNet	1937000000	USD
CY2014Q4	us-gaap	Inventory Raw Materials Net Of Reserves InventoryRawMaterialsNetOfReserves	450000000	USD
CY2015Q1	us-gaap	Inventory Raw Materials Net Of Reserves InventoryRawMaterialsNetOfReserves	469000000	USD
CY2014Q4	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	244000000	USD
CY2015Q1	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	257000000	USD
CY2014Q1	us-gaap	Investment Sold Not Yet Purchased Sale Proceeds InvestmentSoldNotYetPurchasedSaleProceeds	16000000	USD
CY2015Q1	us-gaap	Investment Sold Not Yet Purchased Sale Proceeds InvestmentSoldNotYetPurchasedSaleProceeds	839000000	USD
CY2014Q4	us-gaap	Investments Investments	14500000000	USD
CY2015Q1	us-gaap	Investments Investments	14869000000	USD
CY2014Q4	us-gaap	Liabilities Liabilities	23390000000	USD
CY2015Q1	us-gaap	Liabilities Liabilities	24506000000	USD
CY2014Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	35780000000	USD
CY2015Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	37241000000	USD
CY2014Q4	us-gaap	Limited Partners Capital Account LimitedPartnersCapitalAccount	5672000000	USD
CY2015Q1	us-gaap	Limited Partners Capital Account LimitedPartnersCapitalAccount	5553000000	USD
CY2014Q4	us-gaap	Limited Partners Capital Account Units Issued LimitedPartnersCapitalAccountUnitsIssued	123103414	shares
CY2015Q1	us-gaap	Limited Partners Capital Account Units Issued LimitedPartnersCapitalAccountUnitsIssued	123103414	shares
CY2014Q4	us-gaap	Limited Partners Capital Account Units Outstanding LimitedPartnersCapitalAccountUnitsOutstanding	123103414	shares
CY2015Q1	us-gaap	Limited Partners Capital Account Units Outstanding LimitedPartnersCapitalAccountUnitsOutstanding	123103414	shares
CY2014Q4	us-gaap	Long Term Debt Fair Value LongTermDebtFairValue	11600000000	USD
CY2015Q1	us-gaap	Long Term Debt Fair Value LongTermDebtFairValue	12300000000	USD
CY2014Q4	us-gaap	Minority Interest MinorityInterest	6947000000	USD
CY2015Q1	us-gaap	Minority Interest MinorityInterest	7413000000	USD
CY2014Q1	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	-427000000	USD
CY2015Q1	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	-48000000	USD
CY2014Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	1180000000	USD
CY2015Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	702000000	USD
CY2014Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-296000000	USD
CY2015Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-573000000	USD
CY2014Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-802000000	USD
CY2015Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-186000000	USD
CY2014Q1	us-gaap	Net Income Loss NetIncomeLoss	-29000000	USD
CY2015Q1	us-gaap	Net Income Loss NetIncomeLoss	161000000	USD
CY2014Q1	us-gaap	Net Income Loss Allocated To General Partners NetIncomeLossAllocatedToGeneralPartners	-1000000	USD
CY2015Q1	us-gaap	Net Income Loss Allocated To General Partners NetIncomeLossAllocatedToGeneralPartners	3000000	USD
CY2014Q1	us-gaap	Net Income Loss Allocated To Limited Partners NetIncomeLossAllocatedToLimitedPartners	-28000000	USD
CY2015Q1	us-gaap	Net Income Loss Allocated To Limited Partners NetIncomeLossAllocatedToLimitedPartners	158000000	USD
CY2014Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	106000000	USD
CY2015Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	261000000	USD
CY2014Q1	us-gaap	Net Income Loss Net Of Tax Per Outstanding Limited Partnership Unit Diluted NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted	-0.24
CY2015Q1	us-gaap	Net Income Loss Net Of Tax Per Outstanding Limited Partnership Unit Diluted NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted	1.27
CY2014Q1	us-gaap	Net Income Loss Per Outstanding Limited Partnership Unit Basic Net Of Tax NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax	-0.24
CY2015Q1	us-gaap	Net Income Loss Per Outstanding Limited Partnership Unit Basic Net Of Tax NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax	1.28
CY2015Q1	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	9
CY2014Q4	us-gaap	Other Assets OtherAssets	1320000000	USD
CY2015Q1	us-gaap	Other Assets OtherAssets	1404000000	USD
CY2014Q1	us-gaap	Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax	0	USD
CY2015Q1	us-gaap	Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax	1000000	USD
CY2014Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-3000000	USD
CY2015Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-105000000	USD
CY2015Q1	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax	-14000000	USD
CY2014Q1	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	-2000000	USD
CY2015Q1	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	-22000000	USD
CY2015Q1	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax	-8000000	USD
CY2015Q1	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax	1000000	USD
CY2014Q1	us-gaap	Repayments Of Debt And Capital Lease Obligations RepaymentsOfDebtAndCapitalLeaseObligations	1000000000	USD
CY2015Q1	us-gaap	Repayments Of Debt And Capital Lease Obligations RepaymentsOfDebtAndCapitalLeaseObligations	572000000	USD
CY2014Q1	us-gaap	Other Cost And Expense Operating OtherCostAndExpenseOperating	129000000	USD
CY2015Q1	us-gaap	Other Cost And Expense Operating OtherCostAndExpenseOperating	155000000	USD
CY2014Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	35000000	USD
CY2015Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-27000000	USD
CY2014Q1	us-gaap	Other Operating Activities Cash Flow Statement OtherOperatingActivitiesCashFlowStatement	12000000	USD
CY2015Q1	us-gaap	Other Operating Activities Cash Flow Statement OtherOperatingActivitiesCashFlowStatement	-14000000	USD
CY2014Q1	us-gaap	Other Sales Revenue Net OtherSalesRevenueNet	261000000	USD
CY2015Q1	us-gaap	Other Sales Revenue Net OtherSalesRevenueNet	329000000	USD
CY2014Q1	us-gaap	Partners Capital Account Distributions PartnersCapitalAccountDistributions	-199000000	USD
CY2015Q1	us-gaap	Partners Capital Account Distributions PartnersCapitalAccountDistributions	-188000000	USD
CY2014Q1	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	14000000	USD
CY2015Q1	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	0	USD
CY2014Q1	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	0	USD
CY2015Q1	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	305000000	USD
CY2014Q1	us-gaap	Payments To Acquire Marketable Securities PaymentsToAcquireMarketableSecurities	2756000000	USD
CY2015Q1	us-gaap	Payments To Acquire Marketable Securities PaymentsToAcquireMarketableSecurities	283000000	USD
CY2014Q1	us-gaap	Payments To Acquire Productive Assets PaymentsToAcquireProductiveAssets	282000000	USD
CY2015Q1	us-gaap	Payments To Acquire Productive Assets PaymentsToAcquireProductiveAssets	363000000	USD
CY2014Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	-282000000	USD
CY2015Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	-363000000	USD
CY2014Q1	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	427000000	USD
CY2015Q1	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	48000000	USD
CY2014Q4	us-gaap	Postemployment Benefits Liability Current And Noncurrent PostemploymentBenefitsLiabilityCurrentAndNoncurrent	1391000000	USD
CY2015Q1	us-gaap	Postemployment Benefits Liability Current And Noncurrent PostemploymentBenefitsLiabilityCurrentAndNoncurrent	1355000000	USD
CY2014Q1	us-gaap	Proceeds From Issuance Of Unsecured Debt ProceedsFromIssuanceOfUnsecuredDebt	4991000000	USD
CY2015Q1	us-gaap	Proceeds From Issuance Of Unsecured Debt ProceedsFromIssuanceOfUnsecuredDebt	0	USD
CY2014Q1	us-gaap	Proceeds From Issuance Or Sale Of Equity ProceedsFromIssuanceOrSaleOfEquity	0	USD
CY2015Q1	us-gaap	Proceeds From Issuance Or Sale Of Equity ProceedsFromIssuanceOrSaleOfEquity	20000000	USD
CY2015Q1	us-gaap	Proceeds From Minority Shareholders ProceedsFromMinorityShareholders	20000000	USD
CY2014Q1	us-gaap	Proceeds From Other Debt ProceedsFromOtherDebt	1275000000	USD
CY2015Q1	us-gaap	Proceeds From Other Debt ProceedsFromOtherDebt	1070000000	USD
CY2014Q1	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	-10000000	USD
CY2015Q1	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	-13000000	USD
CY2014Q1	us-gaap	Proceeds From Sale And Maturity Of Marketable Securities ProceedsFromSaleAndMaturityOfMarketableSecurities	410000000	USD
CY2015Q1	us-gaap	Proceeds From Sale And Maturity Of Marketable Securities ProceedsFromSaleAndMaturityOfMarketableSecurities	339000000	USD
CY2014Q1	us-gaap	Proceeds From Sale Of Productive Assets ProceedsFromSaleOfProductiveAssets	0	USD
CY2015Q1	us-gaap	Proceeds From Sale Of Productive Assets ProceedsFromSaleOfProductiveAssets	80000000	USD
CY2014Q1	us-gaap	Profit Loss ProfitLoss	77000000	USD
CY2015Q1	us-gaap	Profit Loss ProfitLoss	422000000	USD
CY2014Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	12566000000	USD
CY2015Q1	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	12878000000	USD
CY2014Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	8955000000	USD
CY2015Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	9201000000	USD
CY2014Q1	us-gaap	Repayments Of Unsecured Debt RepaymentsOfUnsecuredDebt	3625000000	USD
CY2015Q1	us-gaap	Repayments Of Unsecured Debt RepaymentsOfUnsecuredDebt	0	USD
CY2014Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	1435000000	USD
CY2015Q1	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	2005000000	USD
CY2014Q1	us-gaap	Restructuring Charges RestructuringCharges	8000000	USD
CY2015Q1	us-gaap	Restructuring Charges RestructuringCharges	12000000	USD
CY2014Q1	us-gaap	Revenues Revenues	4990000000	USD
CY2015Q1	us-gaap	Revenues Revenues	4511000000	USD
CY2014Q1	us-gaap	Sales Revenue Goods Net SalesRevenueGoodsNet	4666000000	USD
CY2015Q1	us-gaap	Sales Revenue Goods Net SalesRevenueGoodsNet	3565000000	USD
CY2014Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	360000000	USD
CY2015Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	477000000	USD
CY2014Q4	us-gaap	Stockholders Equity StockholdersEquity	5443000000	USD
CY2015Q1	us-gaap	Stockholders Equity StockholdersEquity	5322000000	USD
CY2013Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	13309000000	USD
CY2014Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	12891000000	USD
CY2014Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	12390000000	USD
CY2015Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	12735000000	USD
CY2014Q1	us-gaap	Stockholders Equity Other StockholdersEquityOther	134000000	USD
CY2015Q1	us-gaap	Stockholders Equity Other StockholdersEquityOther	-1000000	USD
CY2014Q1	us-gaap	Weighted Average Limited Partnership Units Outstanding WeightedAverageLimitedPartnershipUnitsOutstanding	117000000	shares
CY2015Q1	us-gaap	Weighted Average Limited Partnership Units Outstanding WeightedAverageLimitedPartnershipUnitsOutstanding	123000000	shares
CY2014Q1	us-gaap	Weighted Average Limited Partnership Units Outstanding Diluted WeightedAverageLimitedPartnershipUnitsOutstandingDiluted	117000000	shares
CY2015Q1	us-gaap	Weighted Average Limited Partnership Units Outstanding Diluted WeightedAverageLimitedPartnershipUnitsOutstandingDiluted	124000000	shares
CY2015Q1	us-gaap	Description Of New Accounting Pronouncements Not Yet Adopted DescriptionOfNewAccountingPronouncementsNotYetAdopted	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:8px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Recently Issued Accounting Standards</font></div><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:28px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In May 2014, the FASB issued ASU No. 2014-09, creating a new topic, FASB ASC Topic 606, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Revenue from Contracts with Customers</font><font style="font-family:inherit;font-size:10pt;">, superseding revenue recognition requirements in FASB ASC Topic 605, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Revenue Recognition</font><font style="font-family:inherit;font-size:10pt;">. This ASU requires that an entity recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled to in exchange for those goods or services. In addition, an entity is required to disclose sufficient information to enable users of financial statements to understand the nature, amount, timing and uncertainty of revenue and cash flows arising from contracts with customers. This ASU is effective for fiscal years, and interim reporting periods within those years, beginning after December 15, 2016, using one of two retrospective application methods. Early adoption is not permitted. We are currently evaluating the impact of this guidance on our consolidated financial position, results of operations, comprehensive income, cash flows and disclosures.</font></div><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:28px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In June 2014, the FASB issued ASU No. 2014-12, which amends FASB Topic 718, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Compensation-Stock Compensation. </font><font style="font-family:inherit;font-size:10pt;">This ASU requires that a performance target that affects vesting and that could be achieved after the requisite service period be treated as a performance condition. A reporting entity should apply existing guidance in FASB ASC Topic 718 as it relates to awards with performance conditions that affect vesting to account for such awards. As such, the performance target should not be reflected in estimating the grant-date fair value of the award. This ASU is effective for fiscal years, and interim reporting periods within those years, beginning after December 15, 2015. We believe that the adoption of this guidance will not have a material impact on our consolidated financial position, results of operations, comprehensive income, cash flows and disclosures.</font></div><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:28px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In February 2015, the FASB issued ASU No. 2015-02, which amends FASB ASU Topic 810, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Consolidations</font><font style="font-family:inherit;font-size:10pt;">. This ASU amends the current consolidation guidance, including introducing a separate consolidation analysis specific to limited partnerships and other similar entities. This ASU requires that limited partnerships and similar legal entities provide partners with either substantive kick-out rights or substantive participating rights over the general partner in order to be considered a voting interest entity. The specialized consolidation model and guidance for limited partnerships and similar legal entities have been eliminated. There is no longer a presumption that a general partner should consolidate a limited partnership. For limited partnerships and similar legal entities that qualify as voting interest entities, a limited partner with a controlling financial interest should consolidate a limited partnership. A controlling financial interest may be achieved through holding a limited partner interest that provides substantive kick-out rights. The standard is effective for annual periods beginning after December 15, 2015. We are currently evaluating the standard and the impact on our consolidated financial statements and footnote disclosures.</font></div><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:28px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In April 2015, the FASB issued ASU 2015-03, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Simplifying the Presentation of Debt Issuance Costs, </font><font style="font-family:inherit;font-size:10pt;">which amends FASB ASU Subtopic 835-30, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Interest - Imputation of Interest. </font><font style="font-family:inherit;font-size:10pt;">The new standard requires that all costs incurred to issue debt be presented in the balance sheet as a direct deduction from the carrying value of the debt. The standard is effective for interim and annual periods beginning after December 31, 2015 and is required to be applied on a retrospective basis. Early adoption is permitted. We expect that the adoption of this new guidance will result in a reclassification of debt issuance costs on our consolidated balance sheets.</font></div><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:28px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In April 2015, the FASB issued ASU No. 2015-04</font><font style="font-family:inherit;font-size:10pt;font-style:italic;">, Compensation-Retirement Benefits: Practical Expedient for the Measurement Date of an Employer’s Defined Benefit Obligation and Plan Assets, </font><font style="font-family:inherit;font-size:10pt;">which amends FAB ASU Topic 715</font><font style="font-family:inherit;font-size:10pt;font-style:italic;">, Compensation - Retirement Benefits. </font><font style="font-family:inherit;font-size:10pt;">This ASU provides a practical expedient that permits the entity to measure defined benefit plan assets and obligations using the month-end that is closest to the entity’s fiscal year-end and apply that practical expedient consistently from year to year. This ASU is effective for annual periods, including interim periods within those annual periods, beginning after December 15, 2015 with early adoption permitted. We anticipate that the adoption of this guidance will have minimal impact on our consolidated financial position, results of operations, comprehensive income, cash flows and disclosures.</font></div><div style="line-height:120%;padding-top:8px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;"></font></div></div>
CY2015Q1	us-gaap	Prior Period Reclassification Adjustment Description PriorPeriodReclassificationAdjustmentDescription	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:8px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;background-color:#ffffff;font-style:italic;font-weight:bold;">Reclassifications</font></div><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;background-color:#ffffff;">Certain reclassifications from the prior year presentation have been made to conform to the current year presentation.</font></div></div>

Files In Submission

Name	View Source	Status
0000813762-15-000020-index-headers.html	Edgar Link	pending
0000813762-15-000020-index.html	Edgar Link	pending
0000813762-15-000020.txt	Edgar Link	pending
0000813762-15-000020-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xls	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
iep-20150331.xml	Edgar Link	completed
iep-20150331.xsd	Edgar Link	pending
iep-20150331_cal.xml	Edgar Link	unprocessable
iep-20150331_def.xml	Edgar Link	unprocessable
iep-20150331_lab.xml	Edgar Link	unprocessable
iep-20150331_pre.xml	Edgar Link	unprocessable
iep-33115x10q.htm	Edgar Link	pending
iep-ex311_33115.htm	Edgar Link	pending
iep-ex312_33115.htm	Edgar Link	pending
iep-ex321_33115.htm	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
R37.htm	Edgar Link	pending
R38.htm	Edgar Link	pending
R39.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
R41.htm	Edgar Link	pending
R42.htm	Edgar Link	pending
R43.htm	Edgar Link	pending
R44.htm	Edgar Link	pending
R45.htm	Edgar Link	pending
R46.htm	Edgar Link	pending
R47.htm	Edgar Link	pending
R48.htm	Edgar Link	pending
R49.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R50.htm	Edgar Link	pending
R51.htm	Edgar Link	pending
R52.htm	Edgar Link	pending
R53.htm	Edgar Link	pending
R54.htm	Edgar Link	pending
R55.htm	Edgar Link	pending
R56.htm	Edgar Link	pending
R57.htm	Edgar Link	pending
R58.htm	Edgar Link	pending
R59.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R60.htm	Edgar Link	pending
R61.htm	Edgar Link	pending
R62.htm	Edgar Link	pending
R63.htm	Edgar Link	pending
R64.htm	Edgar Link	pending
R65.htm	Edgar Link	pending
R66.htm	Edgar Link	pending
R67.htm	Edgar Link	pending
R68.htm	Edgar Link	pending
R69.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R70.htm	Edgar Link	pending
R71.htm	Edgar Link	pending
R72.htm	Edgar Link	pending
R73.htm	Edgar Link	pending
R74.htm	Edgar Link	pending
R75.htm	Edgar Link	pending
R76.htm	Edgar Link	pending
R77.htm	Edgar Link	pending
R78.htm	Edgar Link	pending
R79.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R80.htm	Edgar Link	pending
R81.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

Create your account

Find Stocks Worth Researching

Deeply Understand Businesses

Value Businesses Intelligently

$IEP
ICAHN ENTERPRISES L.P. Stock $iep

2015 Q2 Form 10-Q Financial Statement

#000081376215000020 Filed on May 07, 2015

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$IEP ICAHN ENTERPRISES L.P. Stock $iep

2015 Q2 Form 10-Q Financial Statement

#000081376215000020 Filed on May 07, 2015

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$IEP
ICAHN ENTERPRISES L.P. Stock $iep