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INDEX% PART I. FINANCIAL INFORMATION   Item 1.  ~   Financial Statements  2*Notes to Consolidated Financial Statements~ ~ 91Description of Business and Basis of Presentation~  ~ " Acquisitions~ ~ &Operating Units~ ~ >"Related Party Transactions~ ~ J'Investments and Related Matters~ ~ ZFair Value Measurements~ ~ fFinancial Instruments~ "~ ?Inventories, Net?Del?????xl`<二桛~﨟??齡??黤?麡鹷? ?!?"?#?$?%?&?'?(?)?*?+?,?-?.?/?0?1?2?3?4?5?6?7?8?9?:?;?<?=?>???~ &  ~ ? +!#Goodwill and Intangible Assets, Net~ "*""~ "?"*#"Property, Plant and Equipment, Net~ $.$$~ $?$ %Debt~ &2&&~ &?&!'Compensation Arrangements~ (6((~ (?(0)(Pensions, Other Post-employment Benefits"*and Employee Benefit Plans~ +:++~ +?+',Preferred Limited Partner Units~ ->--~ -?-.Net Income per LP Unit~ /B//~ /?/0Segment Reporting~ 1F11~ 1?12 Income Taxes~ 3J33~ 3?3,4$Accumulated Other Comprehensive Loss~ 5N55~ 5?5%6Commitments and Contingencies~ 7R77~ 7?78Subsequent Events09(Reports of Independent Registered Public99~ 9?9:Accounting Firms;Item 2.;;~ ;?;/<'Management s Discussion and Analysis of5=-Financial Condition and Results of Operations>Item 3.>>~ >J>0?(Quantitative and Qualitative Disclosures?D l??Q#泾誉據n?龜齣??黬黂?鹹??鷼鶸??@?A?B?C?D?E?F?G?H?I?J?K?L?M?N?O?P?@About Market RiskAItem 4.AA~ AJABControls and Procedures"CPART II. OTHER INFORMATIONCDEItem 1.EE~ ENEFLegal ProceedingsGItem 1A.GG~ GNGH Risk FactorsIItem 6.II~ IRIJExhibitsK SignatureKK~ KVKLM$N____________________________1O)Created by Morningstar Document Research.0P(http://documentresearch.morningstar.com/?& @??{I=埝會}??凉?PF0*8X> ?@?2PPOONNCC  l ? <?TJ  d褚MbP?_*+?€%???,????&沦璭2?'沦璭2?(沦璭2?)沦璭2??",D/???3ICAHN ENTERPRISES LP INDEXIncome Statement!IN EQUITY AND COMPREHENSIVE INC Cash Flows!Accumulated other comprehensiveAccumulated other (1)Accumulated other (2)Accumulated other (3)Accumulated other (4)Accumulated other (5)Accumulated other (6)Accumulated other (7)Accumulated other (8)Accumulated other (9)Accumulated other (10)Accumulated other (11)Accumulated other (12)Accumulated other (13)Accumulated other (14)Accumulated other (15)Accumulated other (16)Accumulated other (17)Accumulated other (18)Accumulated other (19)Accumulated other (20)Accumulated other (21)Accumulated other (22)Accumulated other (23)Accumulated other (24)Accumulated other (25)Accumulated other (26)!The following discussion is intThe following discussion (1)The following discussion (2)The following discussion (3)The following discussion (4)The following discussion (5)The following discussion (6)The following discussion (7)The following discussion (8)The following discussion (9) The following discussion (10) The following discussion (11) The following discussion (12) The following discussion (13) The following discussion (14) The following discussion (15) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3)U } I;} $ } ?} $ } ?} $ <  ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ?ICAHN ENTERPRISES L.P. 10-Q 05/06/2010 Balance Sheet   March 31, 2010  December 31, 2009    (unaudited) ASSETS         ! Cash and cash equivalents ~ ?  ~ B# 91Cash held at consolidated affiliated partnerships~ Z%~ "4and restricted cash Investments~ 闦~ vT Accounts receivable, net~ R~ ?Due from brokers~ :~ ?Inventories, net~ ?~ *"Property, plant and equipment, net~ "/~ :.Goodwill~ ?~ ?Intangible assets, net~ ?~ ? Other assets~ ?~ ? Total Assets~ ?~ 'LIABILITIES AND EQUITYAccounts payable~ ?~ ?.&Accrued expenses and other liabilities~ N~ &.&Securities sold, not yet purchased, at~ ?~ ? fair valueDue to brokers~ ??DY l??????{o3佝7???鹷鷈鵪鴩鳼鳰鱋鞴? ?! ?" ?# ?$ ?% ?& ?' ?( ?) ?* ?+ ?, ?- ?. ?/ ?0 ?1 ?2 ?3 ?4 ?5 ?6 ?7 ?8 ?9 ?: ?; ?) !Post-employment benefit liability  ~ ?   ~   !Debt!!~ !哱!!!~ ! Q!'"Preferred limited partner units""""""~ """#Total liabilities##~ #薏###~ #薹#/$'Commitments and contingencies (Note 19)$$$$$$$$%&Equity:&&&&&&&&'(Limited partners:(((((((()0*(Depositary units: 92,400,000 authorized;**~ *B1***~ *2,*1+)issued 84,892,121 and 75,912,797 at March3,+31, 2010 and December 31, 2009; outstanding.-&83,754,921 and 74,775,597 at March 31,0.(2010 and December 31, 2009, respectively/General partner//~ /?///~ /J/40,Treasury units at cost: 1,137,200 depositary00~ 0?000~ 0?0 1units02(Equity attributable to Icahn Enterprises22~ 2"-222~ 2J,2.3&Equity attributable to non-controlling33~ 3禘333~ 3鯞34 interests5 Total equity55~ 5謗555~ 5>o5$6Total Liabilities and Equity6~ 6?66~ 6'678$9____________________________1:)Created by Morningstar Document Research.0;(http://documentresearch.morningstar.com/?<\ on齔齆黂麱鹹鸅?鷀?鶄鴐鱹鱭鱡??PF0*8X> ?@?r;;::996666      l ? 2a_羏  d褚MbP?_*+?€%???,????&沦璭2?'沦璭2?(沦璭2?)沦璭2??",D/???3ICAHN ENTERPRISES LP INDEX Balance Sheet!IN EQUITY AND COMPREHENSIVE INC Cash Flows!Accumulated other comprehensiveAccumulated other (1)Accumulated other (2)Accumulated other (3)Accumulated other (4)Accumulated other (5)Accumulated other (6)Accumulated other (7)Accumulated other (8)Accumulated other (9)Accumulated other (10)Accumulated other (11)Accumulated other (12)Accumulated other (13)Accumulated other (14)Accumulated other (15)Accumulated other (16)Accumulated other (17)Accumulated other (18)Accumulated other (19)Accumulated other (20)Accumulated other (21)Accumulated other (22)Accumulated other (23)Accumulated other (24)Accumulated other (25)Accumulated other (26)!The following discussion is intThe following discussion (1)The following discussion (2)The following discussion (3)The following discussion (4)The following discussion (5)The following discussion (6)The following discussion (7)The following discussion (8)The following discussion (9) The following discussion (10) The following discussion (11) The following discussion (12) The following discussion (13) The following discussion (14) The following discussion (15) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3)U } :} $ } $} $ } U} $ 2  ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ?ICAHN ENTERPRISES L.P. 10-Q 05/06/2010Income Statement   Three Months Ended    March 31,  ~ j ~ f    (unaudited)  Revenues:         Net sales~ :~ V2*Net (loss) gain from investment activities~ ?~ ?$Interest and dividend income~ ~ J&Loss on extinguishment of debt~ bOther income, net~ J~ ?~ ?~ " Expenses:Cost of goods sold~ ?~ ?+#Selling, general and administrative~ ?~ ? 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(?(?(?(?(?(?(?(?(?(?(?(?(?(?(?(?(?(?(?ICAHN ENTERPRISES L.P. 10-Q 05/06/2010*"IN EQUITY AND COMPREHENSIVE INCOME     0 (Equity Attributable to Icahn Enterprises       General  Limited    Total  Non-   Total Equity   Partners  Partners  Held in Treasury  Partners   Controlling   Equity  Equity          Equity   Interests    (Deficit)      Amount  Units/'Balance, December 31, 2009, as adjusted~ J~ 2, ~  ?  ~ ~ J, ~ !鯞#$~ %>o' (See Note 1)$Comprehensive (loss) income:     Net (loss) income~ ?~      ~ ~ >~ :,$Post-employment benefits, net of tax~      ~ ~  ~ "%Hedge instruments, net of tax~ ?     ~ ?~ ?~ ?)!Translation adjustments and other~ ?~ ?     ~ ?~ ?~ ~#Comprehensive (loss) income~ ?~      ~ 烚~ ~ 猖!Partnership contributions~      ~ ~ !Partnership distributions~ ?     ~ ?~ ?+#Investment Management distributions     ~ ?~ ?+#Investment Management contributions     ~ ?~ ?ARI acquisition~ 锡~ 6     Viskase acquisition~ 螨~      $Preferred LP unit redemption~ *     ~ *~ **"Stock-based compensation and other~ R     ~ R~ ~ fBalance, March 31, 2010~ ?~ B1 ~  ?  ~ ~ "-~ 禘~ 謗?DWl????~rfZ*?鹔鵓魈鱑鐾鬖笈馜鹕頝硭際曩鑖玷? 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S ?龃缁  d褚MbP?_*+?€%???,????&沦璭2?'沦璭2?(沦璭2?)沦璭2??",D/???3ICAHN ENTERPRISES LP INDEX Balance SheetIncome Statement!IN EQUITY AND COMPREHENSIVE INC!Accumulated other comprehensiveAccumulated other (1)Accumulated other (2)Accumulated other (3)Accumulated other (4)Accumulated other (5)Accumulated other (6)Accumulated other (7)Accumulated other (8)Accumulated other (9)Accumulated other (10)Accumulated other (11)Accumulated other (12)Accumulated other (13)Accumulated other (14)Accumulated other (15)Accumulated other (16)Accumulated other (17)Accumulated other (18)Accumulated other (19)Accumulated other (20)Accumulated other (21)Accumulated other (22)Accumulated other (23)Accumulated other (24)Accumulated other (25)Accumulated other (26)!The following discussion is intThe following discussion (1)The following discussion (2)The following discussion (3)The following discussion (4)The following discussion (5)The following discussion (6)The following discussion (7)The following discussion (8)The following discussion (9) The following discussion (10) The following discussion (11) The following discussion (12) The following discussion (13) The following discussion (14) The following discussion (15) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3)U } I;} $ } ?} $ } ?} $ S  ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ?ICAHN ENTERPRISES L.P. 10-Q 05/06/2010 Cash Flows    Three Months   Ended March 31,  ~ j ~ f- %Cash Flows from operating activities:         Net (loss) income~ :~ 2*Adjustments to reconcile net (loss) income1)to net cash used in operating activities:!Investment losses (gains)~ ~ ?Purchases of securities~ 俄~ B?)!Proceeds from sales of securities~ j~ ?/'Purchases to cover securities sold, not~ 启~ .? yet purchased.&Proceeds from securities sold, not yet~ ?~  purchased2*Net premiums (paid) received on derivative~ V~ ? contracts4,Changes in receivables and payables relating~ 邬~ ?"to securities transactions%Depreciation and amortization~ ?~ ? 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Offshore GP s Interests 14 ,Offshore Funds, Masterfund II and Masterfund ~ :#  ~ ?  ~ j  ~ &   ~   III$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/?(T????=1%會C?PF0*8X> ?@??             l ? ?  d褚MbP?_*+?€%???,????&沦璭2?'沦璭2?(沦璭2?)沦璭2??",D/???3ICAHN ENTERPRISES LP INDEX Balance SheetIncome Statement!IN EQUITY AND COMPREHENSIVE INC Cash Flows!Accumulated other comprehensiveAccumulated other (1)Accumulated other (3)Accumulated other (4)Accumulated other (5)Accumulated other (6)Accumulated other (7)Accumulated other (8)Accumulated other (9)Accumulated other (10)Accumulated other (11)Accumulated other (12)Accumulated other (13)Accumulated other (14)Accumulated other (15)Accumulated other (16)Accumulated other (17)Accumulated other (18)Accumulated other (19)Accumulated other (20)Accumulated other (21)Accumulated other (22)Accumulated other (23)Accumulated other (24)Accumulated other (25)Accumulated other (26)!The following discussion is intThe following discussion (1)The following discussion (2)The following discussion (3)The following discussion (4)The following discussion (5)The following discussion (6)The following discussion (7)The following discussion (8)The following discussion (9) The following discussion (10) The following discussion (11) The following discussion (12) The following discussion (13) The following discussion (14) The following discussion (15) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3)U } ?} $ } U} $ } U}  $ } U} $ } U} $ ????????? ? ? ? ? ????????ICAHN ENTERPRISES L.P. 10-Q 05/06/2010kcAccumulated other comprehensive loss was $691 and $657 at March 31, 2010 and December 31, 2009, res      March 31, 2010  December 31, 2009    Amortized  Carrying   Amortized  Carrying   Cost  Value  Cost  Value7 /Marketable equity and debt securities available ~ ^  ~ j  ~ ^  ~ ^  for sale+#Equity method investments and other~ Z~ Z  ~  ?  ~ ?Total investments~ ?~ ? ~  ?  ~ ?$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/?.??????=1%R鼺齭黖黨鷽鷖?PF0*8X> ?@??             l ? 5+x@  d褚MbP?_*+?€%???,????&沦璭2?'沦璭2?(沦璭2?)沦璭2??",D/???3ICAHN ENTERPRISES LP INDEX Balance SheetIncome Statement!IN EQUITY AND COMPREHENSIVE INC Cash Flows!Accumulated other comprehensiveAccumulated other (1)Accumulated other (2)Accumulated other (4)Accumulated other (5)Accumulated other (6)Accumulated other (7)Accumulated other (8)Accumulated other (9)Accumulated other (10)Accumulated other (11)Accumulated other (12)Accumulated other (13)Accumulated other (14)Accumulated other (15)Accumulated other (16)Accumulated other (17)Accumulated other (18)Accumulated other (19)Accumulated other (20)Accumulated other (21)Accumulated other (22)Accumulated other (23)Accumulated other (24)Accumulated other (25)Accumulated other (26)!The following discussion is intThe following discussion (1)The following discussion (2)The following discussion (3)The following discussion (4)The following discussion (5)The following discussion (6)The following discussion (7)The following discussion (8)The following discussion (9) The following discussion (10) The following discussion (11) The following discussion (12) The following discussion (13) The following discussion (14) The following discussion (15) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3)U } ?} $ } ?} $ } U}  $ } U} $ } ?} $ } ?} $ } $} $ } U} $ } ?} $ 5!!?!?!?!?!?!?!?!?!? !? !? !? !? !?!?!?!?!?!?!?!?!?!?!?!?!?!?!?!?!?!?!?ICAHN ENTERPRISES L.P. 10-Q 05/06/2010kcAccumulated other comprehensive loss was $691 and $657 at March 31, 2010 and December 31, 2009, res      March 31, 2010  December 31, 2009   Level 1  Level 2  Level 3  Total  Level 1  Level 2  Level 3  Total    (in millions) Assets                                  Investments:      Equity securities:      Communications~ .~  ~    ~ .~ ?~ ~ ~ ? 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QN  d褚MbP?_*+?€%???,????&沦璭2?'沦璭2?(沦璭2?)沦璭2??",D/???3ICAHN ENTERPRISES LP INDEX Balance SheetIncome Statement!IN EQUITY AND COMPREHENSIVE INC Cash Flows!Accumulated other comprehensiveAccumulated other (1)Accumulated other (2)Accumulated other (3)Accumulated other (5)Accumulated other (6)Accumulated other (7)Accumulated other (8)Accumulated other (9)Accumulated other (10)Accumulated other (11)Accumulated other (12)Accumulated other (13)Accumulated other (14)Accumulated other (15)Accumulated other (16)Accumulated other (17)Accumulated other (18)Accumulated other (19)Accumulated other (20)Accumulated other (21)Accumulated other (22)Accumulated other (23)Accumulated other (24)Accumulated other (25)Accumulated other (26)!The following discussion is intThe following discussion (1)The following discussion (2)The following discussion (3)The following discussion (4)The following discussion (5)The following discussion (6)The following discussion (7)The following discussion (8)The following discussion (9) The following discussion (10) The following discussion (11) The following discussion (12) The following discussion (13) The following discussion (14) The following discussion (15) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3)U } ?} $ } $} $ ????????? ? ? ? ? ??????ICAHN ENTERPRISES L.P. 10-Q 05/06/2010kcAccumulated other comprehensive loss was $691 and $657 at March 31, 2010 and December 31, 2009, res$ Balance at December 31, 2009 ~ ? , $Gross realized and unrealized losses     Gross proceeds  ~ ?  Gross purchases  ~ n ! Balance at March 31, 2010 ~ ? $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/?*?h????=1%觜G齝齏齂??PF0*8X> ?@?*   l ? 輇  d褚MbP?_*+?€%???,????&沦璭2?'沦璭2?(沦璭2?)沦璭2??",D/???3ICAHN ENTERPRISES LP INDEX Balance SheetIncome Statement!IN EQUITY AND COMPREHENSIVE INC Cash Flows!Accumulated other comprehensiveAccumulated other (1)Accumulated other (2)Accumulated other (3)Accumulated other (4)Accumulated other (6)Accumulated other (7)Accumulated other (8)Accumulated other (9)Accumulated other (10)Accumulated other (11)Accumulated other (12)Accumulated other (13)Accumulated other (14)Accumulated other (15)Accumulated other (16)Accumulated other (17)Accumulated other (18)Accumulated other (19)Accumulated other (20)Accumulated other (21)Accumulated other (22)Accumulated other (23)Accumulated other (24)Accumulated other (25)Accumulated other (26)!The following discussion is intThe following discussion (1)The following discussion (2)The following discussion (3)The following discussion (4)The following discussion (5)The following discussion (6)The following discussion (7)The following discussion (8)The following discussion (9) The following discussion (10) The following discussion (11) The following discussion (12) The following discussion (13) The following discussion (14) The following discussion (15) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3)U } ?} $ } $}  $ } $} $ } $} $ } $} $ ????????? ? ? ? ? ????????????ICAHN ENTERPRISES L.P. 10-Q 05/06/2010kcAccumulated other comprehensive loss was $691 and $657 at March 31, 2010 and December 31, 2009, res      March 31, 2010  December 31, 2009   Level 1  Level 2  Total  Level 1  Level 2  Total Assets                         - %Marketable equity and debt securities ~ j  ~   ~ j  ~ ^  ~   ~ ^ 0(Unrealized gain on derivative contracts,~ 2  ~  2  ~ 6~ 6at fair value 1~ j~ 2 ~  ?  ~ ^~ 6~ ? Liabilities     0(Unrealized loss on derivative contracts,~ ~ ? ~  ?  ~ ~ ?~ ?at fair value 2$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/?6a ?????=1%}????鶘鴒鱟鱇??鳇?PF0*8X> ?@??               l ? ps  d褚MbP?_*+?€%???,????&沦璭2?'沦璭2?(沦璭2?)沦璭2??",D/???3ICAHN ENTERPRISES LP INDEX Balance SheetIncome Statement!IN EQUITY AND COMPREHENSIVE INC Cash Flows!Accumulated other comprehensiveAccumulated other (1)Accumulated other (2)Accumulated other (3)Accumulated other (4)Accumulated other (5)Accumulated other (7)Accumulated other (8)Accumulated other (9)Accumulated other (10)Accumulated other (11)Accumulated other (12)Accumulated other (13)Accumulated other (14)Accumulated other (15)Accumulated other (16)Accumulated other (17)Accumulated other (18)Accumulated other (19)Accumulated other (20)Accumulated other (21)Accumulated other (22)Accumulated other (23)Accumulated other (24)Accumulated other (25)Accumulated other (26)!The following discussion is intThe following discussion (1)The following discussion (2)The following discussion (3)The following discussion (4)The following discussion (5)The following discussion (6)The following discussion (7)The following discussion (8)The following discussion (9) The following discussion (10) The following discussion (11) The following discussion (12) The following discussion (13) The following discussion (14) The following discussion (15) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3)U } 0.} $ } } $ ????????? ? ? ? ? ???????ICAHN ENTERPRISES L.P. 10-Q 05/06/2010kcAccumulated other comprehensive loss was $691 and $657 at March 31, 2010 and December 31, 2009, res      March 31, 2010  December 31, 2009  . &Credit Derivative Type Derivative Risk  Notional   Fair Value  Notional   Fair Value   Underlying Exposure  Amount      Amount      Reference Obligation) !Single name credit default swaps:                     ,$Below investment grade risk exposure~ ?~ ? ~  ?  ~ ?Corporate Credit$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/?,?|????=1%會"﨡齨黁鸈????PF0*8X> ?@??          l ? d?  d褚MbP?_*+?€%???,????&沦璭2?'沦璭2?(沦璭2?)沦璭2??",D/???3ICAHN ENTERPRISES LP INDEX Balance SheetIncome Statement!IN EQUITY AND COMPREHENSIVE INC Cash Flows!Accumulated other comprehensiveAccumulated other (1)Accumulated other (2)Accumulated other (3)Accumulated other (4)Accumulated other (5)Accumulated other (6)Accumulated other (8)Accumulated other (9)Accumulated other (10)Accumulated other (11)Accumulated other (12)Accumulated other (13)Accumulated other (14)Accumulated other (15)Accumulated other (16)Accumulated other (17)Accumulated other (18)Accumulated other (19)Accumulated other (20)Accumulated other (21)Accumulated other (22)Accumulated other (23)Accumulated other (24)Accumulated other (25)Accumulated other (26)!The following discussion is intThe following discussion (1)The following discussion (2)The following discussion (3)The following discussion (4)The following discussion (5)The following discussion (6)The following discussion (7)The following discussion (8)The following discussion (9) The following discussion (10) The following discussion (11) The following discussion (12) The following discussion (13) The following discussion (14) The following discussion (15) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3)U } ?} $ } $} $ } $}  $ } $} $ } U} $ ????????? ? ? ? ? ?????????ICAHN ENTERPRISES L.P. 10-Q 05/06/2010kcAccumulated other comprehensive loss was $691 and $657 at March 31, 2010 and December 31, 2009, res      Asset Derivatives 1  Liability Derivatives 2% Derivatives not designated as   March 31,   December 31,   March 31,   December 31, hedging instruments ~ j ~ f ~ j ~ f Equity contracts ~ &  ~ &  ~   ~   Credit contracts  ~ V   ~ j   ~ z   ~ 2  Sub-total~ z~ ?  ~  z  ~ 2'Netting across contract types 3~ ?~ ?  ~  ?  ~ ?Total 4~ &~  ~  &  ~ ?$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/?0g ?????=1%G?齓黸麡?PF0*8X> ?@??             l ? 潝  d褚MbP?_*+?€%???,????&沦璭2?'沦璭2?(沦璭2?)沦璭2??",D/???3ICAHN ENTERPRISES LP INDEX Balance SheetIncome Statement!IN EQUITY AND COMPREHENSIVE INC Cash Flows!Accumulated other comprehensiveAccumulated other (1)Accumulated other (2)Accumulated other (3)Accumulated other (4)Accumulated other (5)Accumulated other (6)Accumulated other (7)Accumulated other (9)Accumulated other (10)Accumulated other (11)Accumulated other (12)Accumulated other (13)Accumulated other (14)Accumulated other (15)Accumulated other (16)Accumulated other (17)Accumulated other (18)Accumulated other (19)Accumulated other (20)Accumulated other (21)Accumulated other (22)Accumulated other (23)Accumulated other (24)Accumulated other (25)Accumulated other (26)!The following discussion is intThe following discussion (1)The following discussion (2)The following discussion (3)The following discussion (4)The following discussion (5)The following discussion (6)The following discussion (7)The following discussion (8)The following discussion (9) The following discussion (10) The following discussion (11) The following discussion (12) The following discussion (13) The following discussion (14) The following discussion (15) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3)U } -} $ } $} $ } ?} $   ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ?ICAHN ENTERPRISES L.P. 10-Q 05/06/2010kcAccumulated other comprehensive loss was $691 and $657 at March 31, 2010 and December 31, 2009, res   Three Months Ended    March 31, 1- %Derivatives not designated as hedging ~ j ~ f  instruments Interest rate contracts ~   ~ ? "Foreign exchange contracts~ Equity contracts~ ?~ ?Credit contracts~ v~ *~ r~ ?$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/?2??????=1%蔺x?龒?齾?麜鹠?PF0*8X> ?@?Z        l ? }?  d褚MbP?_*+?€%???,????&沦璭2?'沦璭2?(沦璭2?)沦璭2??",D/???3ICAHN ENTERPRISES LP INDEX Balance SheetIncome Statement!IN EQUITY AND COMPREHENSIVE INC Cash Flows!Accumulated other comprehensiveAccumulated other (1)Accumulated other (2)Accumulated other (3)Accumulated other (4)Accumulated other (5)Accumulated other (6)Accumulated other (7)Accumulated other (8)Accumulated other (10)Accumulated other (11)Accumulated other (12)Accumulated other (13)Accumulated other (14)Accumulated other (15)Accumulated other (16)Accumulated other (17)Accumulated other (18)Accumulated other (19)Accumulated other (20)Accumulated other (21)Accumulated other (22)Accumulated other (23)Accumulated other (24)Accumulated other (25)Accumulated other (26)!The following discussion is intThe following discussion (1)The following discussion (2)The following discussion (3)The following discussion (4)The following discussion (5)The following discussion (6)The following discussion (7)The following discussion (8)The following discussion (9) The following discussion (10) The following discussion (11) The following discussion (12) The following discussion (13) The following discussion (14) The following discussion (15) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3)U } ?} $ } ?} $ } ?}  $ } ?} $ } ?} $ ????????? ? ? ? ? ???????ICAHN ENTERPRISES L.P. 10-Q 05/06/2010kcAccumulated other comprehensive loss was $691 and $657 at March 31, 2010 and December 31, 2009, res      Asset Derivatives 1  Liability Derivatives 2+ #Derivatives Designated as Cash Flow   March 31,   December 31,   March 31,   December 31, Hedging Instruments ~ j ~ f ~ j ~ f$ Interest rate swap contracts ~   ~   ~ ?  ~ ?  Commodity contracts  ~ "   ~    ~    ~  ~ "~  ~  ?  ~ ?$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/?,}|????=1%G?鼼黗鷟?PF0*8X> ?@??             l ? 0?  d褚MbP?_*+?€%???,????&沦璭2?'沦璭2?(沦璭2?)沦璭2??",D/???3ICAHN ENTERPRISES LP INDEX Balance SheetIncome Statement!IN EQUITY AND COMPREHENSIVE INC Cash Flows!Accumulated other comprehensiveAccumulated other (1)Accumulated other (2)Accumulated other (3)Accumulated other (4)Accumulated other (5)Accumulated other (6)Accumulated other (7)Accumulated other (8)Accumulated other (9)Accumulated other (11)Accumulated other (12)Accumulated other (13)Accumulated other (14)Accumulated other (15)Accumulated other (16)Accumulated other (17)Accumulated other (18)Accumulated other (19)Accumulated other (20)Accumulated other (21)Accumulated other (22)Accumulated other (23)Accumulated other (24)Accumulated other (25)Accumulated other (26)!The following discussion is intThe following discussion (1)The following discussion (2)The following discussion (3)The following discussion (4)The following discussion (5)The following discussion (6)The following discussion (7)The following discussion (8)The following discussion (9) The following discussion (10) The following discussion (11) The following discussion (12) The following discussion (13) The following discussion (14) The following discussion (15) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3)U } y#} $ ????????? ? ? ? ? ??????ICAHN ENTERPRISES L.P. 10-Q 05/06/2010kcAccumulated other comprehensive loss was $691 and $657 at March 31, 2010 and December 31, 2009, res   % Derivatives not Designated as         Hedging Instruments  Commodity contracts ~   ~   ~   ~    ~   ~   ~   ~  $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/?*?h????=1%$?鼴秊鼟鼏黕?PF0*8X> ?@?Z        l ? -?  d褚MbP?_*+?€%???,????&沦璭2?'沦璭2?(沦璭2?)沦璭2??",D/???3ICAHN ENTERPRISES LP INDEX Balance SheetIncome Statement!IN EQUITY AND COMPREHENSIVE INC Cash Flows!Accumulated other comprehensiveAccumulated other (1)Accumulated other (2)Accumulated other (3)Accumulated other (4)Accumulated other (5)Accumulated other (6)Accumulated other (7)Accumulated other (8)Accumulated other (9)Accumulated other (10)Accumulated other (12)Accumulated other (13)Accumulated other (14)Accumulated other (15)Accumulated other (16)Accumulated other (17)Accumulated other (18)Accumulated other (19)Accumulated other (20)Accumulated other (21)Accumulated other (22)Accumulated other (23)Accumulated other (24)Accumulated other (25)Accumulated other (26)!The following discussion is intThe following discussion (1)The following discussion (2)The following discussion (3)The following discussion (4)The following discussion (5)The following discussion (6)The following discussion (7)The following discussion (8)The following discussion (9) The following discussion (10) The following discussion (11) The following discussion (12) The following discussion (13) The following discussion (14) The following discussion (15) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3)U } I"} $ } ?} $ } a}  $ } ?} $   ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ?ICAHN ENTERPRISES L.P. 10-Q 05/06/2010kcAccumulated other comprehensive loss was $691 and $657 at March 31, 2010 and December 31, 2009, res  j b For the Three Months Ended March 31, 2010! Derivatives Designated as   Amount of  Location of Gain (Loss)   Amount of Hedging Instruments   Gain (Loss)   Reclassified   Gain (Loss)    Recognized in  from AOCI into   Reclassified   OCI on  Income (Effective  from AOCI into DerivativesPortion)  Income (Effective   (EffectivePortion)  Portion)$Interest rate swap contracts~ ?Interest expense ~  ? Commodity contracts~ Cost of goods sold  ~   ~ ? ~  ? $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/?6??????=1%毗W?麯鸚?鷅鴼?PF0*8X> ?@??                l ? 蛰  d褚MbP?_*+?€%???,????&沦璭2?'沦璭2?(沦璭2?)沦璭2??",D/???3ICAHN ENTERPRISES LP INDEX Balance SheetIncome Statement!IN EQUITY AND COMPREHENSIVE INC Cash Flows!Accumulated other comprehensiveAccumulated other (1)Accumulated other (2)Accumulated other (3)Accumulated other (4)Accumulated other (5)Accumulated other (6)Accumulated other (7)Accumulated other (8)Accumulated other (9)Accumulated other (10)Accumulated other (11)Accumulated other (13)Accumulated other (14)Accumulated other (15)Accumulated other (16)Accumulated other (17)Accumulated other (18)Accumulated other (19)Accumulated other (20)Accumulated other (21)Accumulated other (22)Accumulated other (23)Accumulated other (24)Accumulated other (25)Accumulated other (26)!The following discussion is intThe following discussion (1)The following discussion (2)The following discussion (3)The following discussion (4)The following discussion (5)The following discussion (6)The following discussion (7)The following discussion (8)The following discussion (9) The following discussion (10) The following discussion (11) The following discussion (12) The following discussion (13) The following discussion (14) The following discussion (15) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3)U } I"} $ } ?} $ } a}  $ } $} $ } 0} $ } ?} $ ????????? ? ? ? ? ???????????????ICAHN ENTERPRISES L.P. 10-Q 05/06/2010kcAccumulated other comprehensive loss was $691 and $657 at March 31, 2010 and December 31, 2009, res   t l For the Three Months Ended March 31, 2009! Derivatives Designated as   Amount of  Location of Gain   Amount of  Location of Gain   Recognized in Hedging Instruments   Gain (Loss)  (Loss) Reclassified   Gain (Loss)   Recognized in   Income on    Recognized in  from AOCI into   Reclassified  Income on Derivatives   Derivatives   OCI on  Income (Effective  from AOCI into Income ! (In Effective Portion and   (Ineffective DerivativesPortion)   (Effective Amount Excluded from Portion and (Effective  Portion) Effectiveness Testing)AmountPortion)      Excluded from      Effectiveness     Testing)$Interest rate swap contracts~ ?Interest expense ~  ?  ~ Commodity contracts~ Cost of goods sold  ~  ?  Other income, net~ "Foreign exchange contracts~ Cost of goods sold  ~    ~ ? ~  ?  ~ $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/?<?????=1%會嗀齥鼱?鶤鵣鴒鲀鰕魽????蝼?PF0*8X> ?@?Z+                      l ? 搭  d褚MbP?_*+?€%???,????&沦璭2?'沦璭2?(沦璭2?)沦璭2??",D/???3ICAHN ENTERPRISES LP INDEX Balance SheetIncome Statement!IN EQUITY AND COMPREHENSIVE INC Cash Flows!Accumulated other comprehensiveAccumulated other (1)Accumulated other (2)Accumulated other (3)Accumulated other (4)Accumulated other (5)Accumulated other (6)Accumulated other (7)Accumulated other (8)Accumulated other (9)Accumulated other (10)Accumulated other (11)Accumulated other (12)Accumulated other (14)Accumulated other (15)Accumulated other (16)Accumulated other (17)Accumulated other (18)Accumulated other (19)Accumulated other (20)Accumulated other (21)Accumulated other (22)Accumulated other (23)Accumulated other (24)Accumulated other (25)Accumulated other (26)!The following discussion is intThe following discussion (1)The following discussion (2)The following discussion (3)The following discussion (4)The following discussion (5)The following discussion (6)The following discussion (7)The following discussion (8)The following discussion (9) The following discussion (10) The following discussion (11) The following discussion (12) The following discussion (13) The following discussion (14) The following discussion (15) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3)U } -} $ } a}  $ } $} $   ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ?ICAHN ENTERPRISES L.P. 10-Q 05/06/2010kcAccumulated other comprehensive loss was $691 and $657 at March 31, 2010 and December 31, 2009, res  - %Derivatives Not Designated as Hedging  Location of Gain (Loss)  Gain (Loss) Recognized  Instruments   Recognized in  on Derivatives   Income on Derivatives  Three Months Ended        March 31,      ~ j ~ fCommodity contractsCost of goods sold~  ~  ? Commodity contractsOther income, net  ~  ? ~  ~  ? $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/?0??????=1%毗7齬??鷸鷑?PF0*8X> ?@??             l ?   d褚MbP?_*+?€%???,????&沦璭2?'沦璭2?(沦璭2?)沦璭2??",D/???3ICAHN ENTERPRISES LP INDEX Balance SheetIncome Statement!IN EQUITY AND COMPREHENSIVE INC Cash Flows!Accumulated other comprehensiveAccumulated other (1)Accumulated other (2)Accumulated other (3)Accumulated other (4)Accumulated other (5)Accumulated other (6)Accumulated other (7)Accumulated other (8)Accumulated other (9)Accumulated other (10)Accumulated other (11)Accumulated other (12)Accumulated other (13)Accumulated other (15)Accumulated other (16)Accumulated other (17)Accumulated other (18)Accumulated other (19)Accumulated other (20)Accumulated other (21)Accumulated other (22)Accumulated other (23)Accumulated other (24)Accumulated other (25)Accumulated other (26)!The following discussion is intThe following discussion (1)The following discussion (2)The following discussion (3)The following discussion (4)The following discussion (5)The following discussion (6)The following discussion (7)The following discussion (8)The following discussion (9) The following discussion (10) The following discussion (11) The following discussion (12) The following discussion (13) The following discussion (14) The following discussion (15) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3)U } $} $ } U} $ } U} $   ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ?ICAHN ENTERPRISES L.P. 10-Q 05/06/2010kcAccumulated other comprehensive loss was $691 and $657 at March 31, 2010 and December 31, 2009, res    March 31,   December 31,  ~ j ~ f  Raw materials ~ ?  ~ ?  Work in process  ~ ?   ~ ?  Finished Goods  ~ ?   ~ ? ~ ?~ Other:Ferrous~ ~~ z Non-ferrous~ *~ * Secondary~ R~ Z~ ?~ ?Total inventories, net~ ?~ $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/?: ????=1%蔺岨L齢鼁?麉?麘?鶝鵶?PF0*8X> ?@?Z        l ? $??  d褚MbP?_*+?€%???,????&沦璭2?'沦璭2?(沦璭2?)沦璭2??",D/???3ICAHN ENTERPRISES LP INDEX Balance SheetIncome Statement!IN EQUITY AND COMPREHENSIVE INC Cash Flows!Accumulated other comprehensiveAccumulated other (1)Accumulated other (2)Accumulated other (3)Accumulated other (4)Accumulated other (5)Accumulated other (6)Accumulated other (7)Accumulated other (8)Accumulated other (9)Accumulated other (10)Accumulated other (11)Accumulated other (12)Accumulated other (13)Accumulated other (14)Accumulated other (16)Accumulated other (17)Accumulated other (18)Accumulated other (19)Accumulated other (20)Accumulated other (21)Accumulated other (22)Accumulated other (23)Accumulated other (24)Accumulated other (25)Accumulated other (26)!The following discussion is intThe following discussion (1)The following discussion (2)The following discussion (3)The following discussion (4)The following discussion (5)The following discussion (6)The following discussion (7)The following discussion (8)The following discussion (9) The following discussion (10) The following discussion (11) The following discussion (12) The following discussion (13) The following discussion (14) The following discussion (15) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3)U } ?} $ } m} $ } $}  $ } U} $ } $} $ } $} $ } $} $ } $} $ $????????? ? ? ? ? ???????????????????ICAHN ENTERPRISES L.P. 10-Q 05/06/2010kcAccumulated other comprehensive loss was $691 and $657 at March 31, 2010 and December 31, 2009, res        March 31, 2010  December 31, 2009  Description  Amortization Periods  Gross Carrying Amount  Accumulated Amortization  Net Carrying Value  Gross Carrying Amount  Accumulated Amortization  Net Carrying Value) !Definite-lived intangible assets:                               Automotive    1 22 years  ~    ~ 摭  ~ ?  ~    ~ ?  ~  Food Packaging 6 13.5 years~ ^  ~  ?  ~ 6~ ^~ ?~ :Metals 5 15 years~ .  ~  ?  ~ ~ .~ ?~  Real Estate 12 12.5 years~ ?  ~  ?  ~ ?~ ?~ ?~ ?~ n  ~  f?  ~ ?~ n ~ ~  +#Indefinite-lived intangible assets:      Automotive     ~ ?~ ?Food Packaging     ~  ~   Home Fashion     ~ "~ "     ~ ?~ ?$Total intangible assets, net     ~ ?~ ? Goodwill:      Automotive     ~ ?~ ?Railcar     ~ ~ Food Packaging     ~ ~      ~ ?~ ??D?l????=1%e??鵥鰆?舫颛?裣颿?頍??贶鑥?? ?!?"?#? $!____________________________1")Created by Morningstar Document Research.0#(http://documentresearch.morningstar.com/? ?<??=PF0*8X> ?@??##""!!               l ? %;  d褚MbP?_*+?€%???,????&沦璭2?'沦璭2?(沦璭2?)沦璭2??",D/???3ICAHN ENTERPRISES LP INDEX Balance SheetIncome Statement!IN EQUITY AND COMPREHENSIVE INC Cash Flows!Accumulated other comprehensiveAccumulated other (1)Accumulated other (2)Accumulated other (3)Accumulated other (4)Accumulated other (5)Accumulated other (6)Accumulated other (7)Accumulated other (8)Accumulated other (9)Accumulated other (10)Accumulated other (11)Accumulated other (12)Accumulated other (13)Accumulated other (14)Accumulated other (15)Accumulated other (17)Accumulated other (18)Accumulated other (19)Accumulated other (20)Accumulated other (21)Accumulated other (22)Accumulated other (23)Accumulated other (24)Accumulated other (25)Accumulated other (26)!The following discussion is intThe following discussion (1)The following discussion (2)The following discussion (3)The following discussion (4)The following discussion (5)The following discussion (6)The following discussion (7)The following discussion (8)The following discussion (9) The following discussion (10) The following discussion (11) The following discussion (12) The following discussion (13) The following discussion (14) The following discussion (15) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3)U } ?} $ } ?} $ } U}  $ } U} $   ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ?ICAHN ENTERPRISES L.P. 10-Q 05/06/2010kcAccumulated other comprehensive loss was $691 and $657 at March 31, 2010 and December 31, 2009, res      Useful Life   March 31,   December 31,      ~ j ~ f   (years)   (in millions) Land     ~ ?  ~ ? " Buildings and improvements   4 40   ~     ~ ? *"Machinery, equipment and furniture 1 25~ ?  ~  &! Assets leased to others~ ?  ~  ?  Construction in progress~ ?  ~  ? ~ ?  ~  ? 6.Less accumulated depreciation and amortization~ F?  ~  B? *"Property, plant and equipment, net~ "/ ~  :. $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/?6??????=1%毗Q龖?鼼鼇?鷕黝麾骱?PF0*8X> ?@?r          l ? !玁;O  d褚MbP?_*+?€%???,????&沦璭2?'沦璭2?(沦璭2?)沦璭2??",D/???3ICAHN ENTERPRISES LP INDEX Balance SheetIncome Statement!IN EQUITY AND COMPREHENSIVE INC Cash Flows!Accumulated other comprehensiveAccumulated other (1)Accumulated other (2)Accumulated other (3)Accumulated other (4)Accumulated other (5)Accumulated other (6)Accumulated other (7)Accumulated other (8)Accumulated other (9)Accumulated other (10)Accumulated other (11)Accumulated other (12)Accumulated other (13)Accumulated other (14)Accumulated other (15)Accumulated other (16)Accumulated other (18)Accumulated other (19)Accumulated other (20)Accumulated other (21)Accumulated other (22)Accumulated other (23)Accumulated other (24)Accumulated other (25)Accumulated other (26)!The following discussion is intThe following discussion (1)The following discussion (2)The following discussion (3)The following discussion (4)The following discussion (5)The following discussion (6)The following discussion (7)The following discussion (8)The following discussion (9) The following discussion (10) The following discussion (11) The following discussion (12) The following discussion (13) The following discussion (14) The following discussion (15) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3)U } U5} $ } U} $ } U} $ !  ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ?ICAHN ENTERPRISES L.P. 10-Q 05/06/2010kcAccumulated other comprehensive loss was $691 and $657 at March 31, 2010 and December 31, 2009, res    March 31,   December 31,  ~ j ~ f0 (8% senior unsecured notes due 2018 Icahn ~ ?  ~    Enterprises3 +7.75% senior unsecured notes due 2016 Icahn  ~ 6       Enterprises2*Senior unsecured variable rate convertible~ ?~ ?( notes due 2013 Icahn Enterprises4,Senior unsecured 7.125% notes due 2013 Icahn~  Enterprises4,Senior unsecured 8.125% notes due 2012 Icahn~ ? Enterprises"Debt Facilities Automotive~ ?~ ?&Senior unsecured notes Railcar~ N~ N1)Senior secured notes and revolving credit~ ?~ ?facility Food PackagingMortgages payable~ ?~ ? Other~ >~ B Total debt~ 哱~  Q$____________________________1)Created by Morningstar Document Research.?DD l????=1%蔺岨L??齥?麕鶶??鶊?鳐鳈? ?0 (http://documentresearch.morningstar.com/?H=PF0*8X> ?@?Z        l ? a  d褚MbP?_*+?€%???,????&沦璭2?'沦璭2?(沦璭2?)沦璭2??",D/???3ICAHN ENTERPRISES LP INDEX Balance SheetIncome Statement!IN EQUITY AND COMPREHENSIVE INC Cash Flows!Accumulated other comprehensiveAccumulated other (1)Accumulated other (2)Accumulated other (3)Accumulated other (4)Accumulated other (5)Accumulated other (6)Accumulated other (7)Accumulated other (8)Accumulated other (9)Accumulated other (10)Accumulated other (11)Accumulated other (12)Accumulated other (13)Accumulated other (14)Accumulated other (15)Accumulated other (16)Accumulated other (17)Accumulated other (19)Accumulated other (20)Accumulated other (21)Accumulated other (22)Accumulated other (23)Accumulated other (24)Accumulated other (25)Accumulated other (26)!The following discussion is intThe following discussion (1)The following discussion (2)The following discussion (3)The following discussion (4)The following discussion (5)The following discussion (6)The following discussion (7)The following discussion (8)The following discussion (9) The following discussion (10) The following discussion (11) The following discussion (12) The following discussion (13) The following discussion (14) The following discussion (15) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3)U } ?} $ } $} $} $ } $} $} $ } $} $   ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ?ICAHN ENTERPRISES L.P. 10-Q 05/06/2010kcAccumulated other comprehensive loss was $691 and $657 at March 31, 2010 and December 31, 2009, res     March 23, 2010 Valuation  March 31, 2010    Plain Vanilla  Options  Deferred   Options   Connected   Compensation        to Deferred        CompensationValuation Model Black-Scholes Monte Carlo   Monte CarloExpected volatility~ ? %~ ? %  ~  ?  %Expected dividend yield~  %~  %  ~    %2*Risk-free rate over the estimated expected醶瓽狎? %醶瓽狎? %   ?  % option life'Expected option life (in years) 祝p= @ 祝p= @    祝p= @ $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/?6??????=1%毗c齼??鼏???PF0*8X> ?@??           l ? p  d褚MbP?_*+?€%???,????&沦璭2?'沦璭2?(沦璭2?)沦璭2??",D/???3ICAHN ENTERPRISES LP INDEX Balance SheetIncome Statement!IN EQUITY AND COMPREHENSIVE INC Cash Flows!Accumulated other comprehensiveAccumulated other (1)Accumulated other (2)Accumulated other (3)Accumulated other (4)Accumulated other (5)Accumulated other (6)Accumulated other (7)Accumulated other (8)Accumulated other (9)Accumulated other (10)Accumulated other (11)Accumulated other (12)Accumulated other (13)Accumulated other (14)Accumulated other (15)Accumulated other (16)Accumulated other (17)Accumulated other (18)Accumulated other (20)Accumulated other (21)Accumulated other (22)Accumulated other (23)Accumulated other (24)Accumulated other (25)Accumulated other (26)!The following discussion is intThe following discussion (1)The following discussion (2)The following discussion (3)The following discussion (4)The following discussion (5)The following discussion (6)The following discussion (7)The following discussion (8)The following discussion (9) The following discussion (10) The following discussion (11) The following discussion (12) The following discussion (13) The following discussion (14) The following discussion (15) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3)U } a/} $ } ?} $ } ?} $   ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ?ICAHN ENTERPRISES L.P. 10-Q 05/06/2010kcAccumulated other comprehensive loss was $691 and $657 at March 31, 2010 and December 31, 2009, res  $ Three Months Ended March 31,  ~ j ~ f& Expected return on plan assets ~ ?  ~ ? ) !Service costs for benefits earned  ~ "   ~ " + #Interest cost on benefit obligation  ~ r   ~ z /'Net actuarial loss amortization pension~ ~ " costPension plan expense~ r~ ?$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/?0??????=1%蔺濥]齎??麡鹥?PF0*8X> ?@?R       l ? [€  d褚MbP?_*+?€%???,????&沦璭2?'沦璭2?(沦璭2?)沦璭2??",D/???3ICAHN ENTERPRISES LP INDEX Balance SheetIncome Statement!IN EQUITY AND COMPREHENSIVE INC Cash Flows!Accumulated other comprehensiveAccumulated other (1)Accumulated other (2)Accumulated other (3)Accumulated other (4)Accumulated other (5)Accumulated other (6)Accumulated other (7)Accumulated other (8)Accumulated other (9)Accumulated other (10)Accumulated other (11)Accumulated other (12)Accumulated other (13)Accumulated other (14)Accumulated other (15)Accumulated other (16)Accumulated other (17)Accumulated other (18)Accumulated other (19)Accumulated other (21)Accumulated other (22)Accumulated other (23)Accumulated other (24)Accumulated other (25)Accumulated other (26)!The following discussion is intThe following discussion (1)The following discussion (2)The following discussion (3)The following discussion (4)The following discussion (5)The following discussion (6)The following discussion (7)The following discussion (8)The following discussion (9) The following discussion (10) The following discussion (11) The following discussion (12) The following discussion (13) The following discussion (14) The following discussion (15) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3)U } ?} $ } U} $ } $} $   ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ?ICAHN ENTERPRISES L.P. 10-Q 05/06/2010kcAccumulated other comprehensive loss was $691 and $657 at March 31, 2010 and December 31, 2009, res  $ Three Months Ended March 31,  ~ j ~ f/ 'Net (loss) income attributable to Icahn ~   ~    Enterprises5 -Less: Income from common control acquisitions      ~ ? ( allocated to the general partner~ ~ 4,Basic and diluted (loss) income attributable~ ~ 1)to Icahn Enterprises allocable to limited1)partners (98.01% share of income or loss)4,Basic and diluted (loss) income per LP Unit:殭櫃櫃榭{瓽醶?3+Basic and diluted weighted average LP units~ B~ . outstanding$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/?8A?????=1%蔺濥]??龕??鹻鷇鶻??PF0*8X> ?@?b       l ? R?  d褚MbP?_*+?€%???,????&沦璭2?'沦璭2?(沦璭2?)沦璭2??",D/???3ICAHN ENTERPRISES LP INDEX Balance SheetIncome Statement!IN EQUITY AND COMPREHENSIVE INC Cash Flows!Accumulated other comprehensiveAccumulated other (1)Accumulated other (2)Accumulated other (3)Accumulated other (4)Accumulated other (5)Accumulated other (6)Accumulated other (7)Accumulated other (8)Accumulated other (9)Accumulated other (10)Accumulated other (11)Accumulated other (12)Accumulated other (13)Accumulated other (14)Accumulated other (15)Accumulated other (16)Accumulated other (17)Accumulated other (18)Accumulated other (19)Accumulated other (20)Accumulated other (22)Accumulated other (23)Accumulated other (24)Accumulated other (25)Accumulated other (26)!The following discussion is intThe following discussion (1)The following discussion (2)The following discussion (3)The following discussion (4)The following discussion (5)The following discussion (6)The following discussion (7)The following discussion (8)The following discussion (9) The following discussion (10) The following discussion (11) The following discussion (12) The following discussion (13) The following discussion (14) The following discussion (15) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3)U } '} $ } ?} $ } ?} $   ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ?ICAHN ENTERPRISES L.P. 10-Q 05/06/2010kcAccumulated other comprehensive loss was $691 and $657 at March 31, 2010 and December 31, 2009, res  $ Three Months Ended March 31,  ~ j ~ f(  Redemption of preferred LP units  ~    ~   Variable rate notes  ~    ~   $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/?(?T????=1%蔺濥]齁????PF0*8X> ?@?2    l ? '{?崩  d褚MbP?_*+?€%???,????&沦璭2?'沦璭2?(沦璭2?)沦璭2??",D/???3ICAHN ENTERPRISES LP INDEX Balance SheetIncome Statement!IN EQUITY AND COMPREHENSIVE INC Cash Flows!Accumulated other comprehensiveAccumulated other (1)Accumulated other (2)Accumulated other (3)Accumulated other (4)Accumulated other (5)Accumulated other (6)Accumulated other (7)Accumulated other (8)Accumulated other (9)Accumulated other (10)Accumulated other (11)Accumulated other (12)Accumulated other (13)Accumulated other (14)Accumulated other (15)Accumulated other (16)Accumulated other (17)Accumulated other (18)Accumulated other (19)Accumulated other (20)Accumulated other (21)Accumulated other (23)Accumulated other (24)Accumulated other (25)Accumulated other (26)!The following discussion is intThe following discussion (1)The following discussion (2)The following discussion (3)The following discussion (4)The following discussion (5)The following discussion (6)The following discussion (7)The following discussion (8)The following discussion (9) The following discussion (10) The following discussion (11) The following discussion (12) The following discussion (13) The following discussion (14) The following discussion (15) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3)U } ?} $ } U} $ } ?}  $ } ?} $ } $} $ } U} $ } ?} $ } ?} $ } ?} "$ } ##$} $$$ '%%?%?%?%?%?%?%?%?%? %? %? %? %? %?%?%?%?%?%?%?%?%?%?%?%?%?%?%?%?%?%?%?ICAHN ENTERPRISES L.P. 10-Q 05/06/2010kcAccumulated other comprehensive loss was $691 and $657 at March 31, 2010 and December 31, 2009, res   !"                  ! "  ) !Three Months Ended March 31, 2010    Investment   Automotive  Railcar  Food  Metals  Real  Home  Holding ! " Consolidated    Management           Packaging      Estate  Fashion  Company ! "Results  Revenues:                                 ! " # $ Net sales~ ~ F ~  ?  ~ B~ ?~ "~ N~  !~ ":$2*Net (loss) gain from investment activities~ ?     ~ & !"~ #?$$Interest and dividend income~ ~   ~    ~ ~  !"~ #$&Loss on extinguishment of debt     ~ b !"~ #b$Other income, net~ ?  ~  :  ~ 2~ ~  !"~ #J$~ ?~ "  ~  ?  ~ B~ ?~ V~ R~ ? !"~ #?$ Expenses:      !"#$Cost of goods sold~ N  ~  ?  ~ ?~ ?~ ~ 6 !"~ #?$+#Selling, general and administrative~ Z~   ~  R  ~ .~ ~ F~ F~  !"~ #?$$Restructuring and impairment~      ~  !"~ #"$Interest expense~ ?  ~    ~ ~  ~ ? !"~ #~$~ Z~   ~  ?  ~ 2~ ?~ R~ ?~ ? !"~ #?$1)Income (loss) before income tax (expense)~ ?~   ~  ?  ~ ~ ~ ~ ?~ 峻 !"~ #$benefit$Income tax (expense) benefit~ ?~   ~    ~ ?~ ? !"~ #$Net income (loss)~ ~~ :  ~  ?  ~ ~ ~ ~ ?~ 二 !"~ #:$/'Less: net (income) loss attributable to~ ?~ ?  ~    ~ ?~  !"~ #?$?DU'l????=1%5?麕鳵鱢鮽螭袼稞?靄阫鑽娴溏怵噍帙? %?!%?"%?#%?$%?%%?&%?! non-controlling interests/!'Net income (loss) attributable to Icahn!~ !>!!~ !&!! ~ ! ?! ! ~ !!!~ !!!~ !!!~ !?!!~ !二! !!~ !"!$" Enterprises#$$____________________________1%)Created by Morningstar Document Research.0&(http://documentresearch.morningstar.com/??x?R????PF0*8X> ?@?*%&&$%%$$$$!!!!!! !!!!!!!!!!!!"# "#      "$        "$ $ l ? & ??  d褚MbP?_*+?€%???,????&沦璭2?'沦璭2?(沦璭2?)沦璭2??",D/???3ICAHN ENTERPRISES LP INDEX Balance SheetIncome Statement!IN EQUITY AND COMPREHENSIVE INC Cash Flows!Accumulated other comprehensiveAccumulated other (1)Accumulated other (2)Accumulated other (3)Accumulated other (4)Accumulated other (5)Accumulated other (6)Accumulated other (7)Accumulated other (8)Accumulated other (9)Accumulated other (10)Accumulated other (11)Accumulated other (12)Accumulated other (13)Accumulated other (14)Accumulated other (15)Accumulated other (16)Accumulated other (17)Accumulated other (18)Accumulated other (19)Accumulated other (20)Accumulated other (21)Accumulated other (22)Accumulated other (24)Accumulated other (25)Accumulated other (26)!The following discussion is intThe following discussion (1)The following discussion (2)The following discussion (3)The following discussion (4)The following discussion (5)The following discussion (6)The following discussion (7)The following discussion (8)The following discussion (9) The following discussion (10) The following discussion (11) The following discussion (12) The following discussion (13) The following discussion (14) The following discussion (15) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3)U } ?} $ } U} $ } ?}  $ } ?} $ } $} $ } ?} $ } ?} $ } ?} $ } $} "$ } ##U} $$$ &%%?%?%?%?%?%?%?%?%? %? %? %? %? %?%?%?%?%?%?%?%?%?%?%?%?%?%?%?%?%?%?%?ICAHN ENTERPRISES L.P. 10-Q 05/06/2010kcAccumulated other comprehensive loss was $691 and $657 at March 31, 2010 and December 31, 2009, res   !"                  ! "  ) !Three Months Ended March 31, 2009    Investment   Automotive  Railcar  Food  Metals  Real  Home  Holding ! " Consolidated    Management           Packaging      Estate  Fashion  Company ! "Results  Revenues:                                 ! " # $ Net sales~ ~ Z ~  F  ~ ~ 2~ &~ R~  !~ "V$2*Net gain (loss) from investment activities~      ~ ? !"~ #?$$Interest and dividend income~ .~    ~    ~  ~   !"~ #J$Other income, net~ :  ~  .  ~ ~ .~  !"~ #?$~ :~ ?  ~  v  ~ ~ 6~ Z~ V~ ? !"~ #"$ Expenses:      !"#$Cost of goods sold~ ?  ~     ~ ?~ ?~  ~ > !"~ #?$+#Selling, general and administrative~ r~   ~  J  ~ *~ ~ 2~ F~  !"~ #?$$Restructuring and impairment~ ?     ~ 6~  !"~ #?$Interest expense~ ~ ?  ~    ~ ~  ~ ~ ? !"~ #B$~ v~   ~  f  ~ ~ ?~ B~ ?~ ? !"~ #.$1)Income (loss) before income tax (expense)~ ?~ 嘅  ~    ~ ~ n~ ~ ?~ R !"~ #?$benefit$Income tax (expense) benefit~ ?  ~  ?  ~ ?~ :~ ? !"~ #$Net income (loss)~ ?~ z?  ~     ~ ~ ?~ ~ ?~ N !"~ #$/'Less: Net (income) loss attributable to~ 掿~ b  ~  ?  ~ ?~  !"~ #?$!non-controlling interests?D?l????=1%5?麕鳵鱢鮽螬褊??霫阨鑽婵淙獾庋囹? %?!%?"%?#%?$%?%%?/ 'Net income (loss) attributable to Icahn ~ V  ~ 邺  ~   ~    ~ ?  ~   ~ ?  ~ N  !~ " $! Enterprises"$#____________________________1$)Created by Morningstar Document Research.0%(http://documentresearch.morningstar.com/??dw??PF0*8X> ?@?*%%%$$$$##$        "# "#      "$        "$ $ l ? -??  d褚MbP?_*+?€%???,????&沦璭2?'沦璭2?(沦璭2?)沦璭2??",D/???3ICAHN ENTERPRISES LP INDEX Balance SheetIncome Statement!IN EQUITY AND COMPREHENSIVE INC Cash Flows!Accumulated other comprehensiveAccumulated other (1)Accumulated other (2)Accumulated other (3)Accumulated other (4)Accumulated other (5)Accumulated other (6)Accumulated other (7)Accumulated other (8)Accumulated other (9)Accumulated other (10)Accumulated other (11)Accumulated other (12)Accumulated other (13)Accumulated other (14)Accumulated other (15)Accumulated other (16)Accumulated other (17)Accumulated other (18)Accumulated other (19)Accumulated other (20)Accumulated other (21)Accumulated other (22)Accumulated other (23)Accumulated other (25)Accumulated other (26)!The following discussion is intThe following discussion (1)The following discussion (2)The following discussion (3)The following discussion (4)The following discussion (5)The following discussion (6)The following discussion (7)The following discussion (8)The following discussion (9) The following discussion (10) The following discussion (11) The following discussion (12) The following discussion (13) The following discussion (14) The following discussion (15) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3)U } I;} $ } ?} $ } U}  $ } $} $ } ?} $ } ?} $ } ?} $ } ?} $ } $} "$ } ##?} $$$ -%%?%?%?%?%?%?%?%?%? %? %? %? %? %?%?%?%?%?%?%?%?%?%?%?%?%?%?%?%?%?%?%?ICAHN ENTERPRISES L.P. 10-Q 05/06/2010kcAccumulated other comprehensive loss was $691 and $657 at March 31, 2010 and December 31, 2009, res   !"                  ! "   March 31, 2010    Investment   Automotive  Railcar  Food  Metals  Real  Home  Holding ! " Consolidated    Management           Packaging      Estate  Fashion  Company ASSETS                                 ! " # $!Cash and cash equivalents~ &~  ~    ~ ?~ N~ ?~ ~ .  !~ "?$91Cash held at consolidated affiliated partnerships~ %     ~  ~ ~ ~ ~ * !"~ #Z%$and restricted cash Investments~ *V~ b  ~  ?  ~ ~ 6~ R !"~ #闦$ Accounts receivable, net~ ?  ~  F  ~ ?~ R~ ~ ? !"~ #R$Inventories, net~ *   ~  ?  ~ ?~ ?~ ? !"~ #?$*"Property, plant and equipment, net~ ?  ~     ~ ?~ ?~ . ~ *~  !"~ #"/$+#Goodwill and intangible assets, net~ *  ~    ~ J~ ~ ?~ " !"~ #n $ Other assets~ .~ >  ~  6  ~ z~ ?~ 6~ ?~ ? !"~ # $ Total assets~ z}~ no ~  &   ~ ?~ ~ ?~ ~ R !~ "?$LIABILITIES AND EQUITY      !"#$.&Accounts payable, accrued expenses and~  ~ ? ~  ?  ~ ?~ ?~ ?~ ?~ Z !~ "?$other liabilities.&Securities sold, not yet purchased, at~ ?      !"~ #?$ fair valueDue to brokers      !"#$?D!l????=1%5?鴚鱸鮙鯃螃裎镟眢?戢栀嫱鍱?錌? %?!%?"%?#%?$%?%%?&%?'%?(%?)%?*%?+%?,%?) !Post-employment benefit liability      ~    ~    ~ ?   ~                ! "~ #? $ !Debt!!!!!!~ !?!! ! ~ ! 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"   December 31, 2009    Investment   Automotive  Railcar  Food  Metals  Real  Home  Holding ! " Consolidated    Management           Packaging      Estate  Fashion  Company ! " ASSETS                                 ! 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? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ?ICAHN ENTERPRISES L.P. 10-Q 05/06/2010kcAccumulated other comprehensive loss was $691 and $657 at March 31, 2010 and December 31, 2009, res    March 31,   December 31,  ~ j ~ f, $Post-employment benefits, net of tax ~ 耳  ~ 桗  Hedge instruments  ~ 牺   ~ 蟒 ) !Translation adjustments and other  ~ 尔   ~ :? ~ 6?~ 觉$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/?,?|????=1%蔺岨L齇黤黌麼??PF0*8X> ?@?Z        l ? 蕥  d褚MbP?_*+?€%???,????&沦璭2?'沦璭2?(沦璭2?)沦璭2??",D/???3ICAHN ENTERPRISES LP INDEX Balance SheetIncome Statement!IN EQUITY AND COMPREHENSIVE INC Cash Flows!Accumulated other comprehensiveAccumulated other (1)Accumulated other (2)Accumulated other (3)Accumulated other (4)Accumulated other (5)Accumulated other (6)Accumulated other (7)Accumulated other (8)Accumulated other (9)Accumulated other (10)Accumulated other (11)Accumulated other (12)Accumulated other (13)Accumulated other (14)Accumulated other (15)Accumulated other (16)Accumulated other (17)Accumulated other (18)Accumulated other (19)Accumulated other (20)Accumulated other (21)Accumulated other (22)Accumulated other (23)Accumulated other (24)Accumulated other (25)Accumulated other (26)The following discussion (1)The following discussion (2)The following discussion (3)The following discussion (4)The following discussion (5)The following discussion (6)The following discussion (7)The following discussion (8)The following discussion (9) The following discussion (10) The following discussion (11) The following discussion (12) The following discussion (13) The following discussion (14) The following discussion (15) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3)U } ?} $ } ?} $ } ?}  $ } ?} $ } U} $ ????????? 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? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ?ICAHN ENTERPRISES L.P. 10-Q 05/06/2010kcThe following discussion is intended to assist you in understanding our present business and the re   Three Months Ended    March 31,  ~ j ~ f$ Balance, beginning of period ~ 禯  ~ BD   Net in-flows  ~ v   ~ R  Appreciation~ ?~  Balance, end of period~ 耡~ 歀Fee-paying AUM~ ?~ '$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/?0g?????=1%蔺z?齁黗?PF0*8X> ?@?j        l ? 墽  d褚MbP?_*+?€%???,????&沦璭2?'沦璭2?(沦璭2?)沦璭2??",D/???3ICAHN ENTERPRISES LP INDEX Balance SheetIncome Statement!IN EQUITY AND COMPREHENSIVE INC Cash Flows!Accumulated other comprehensiveAccumulated other (1)Accumulated other (2)Accumulated other (3)Accumulated other (4)Accumulated other (5)Accumulated other (6)Accumulated other (7)Accumulated other (8)Accumulated other (9)Accumulated other (10)Accumulated other (11)Accumulated other (12)Accumulated other (13)Accumulated other (14)Accumulated other (15)Accumulated other (16)Accumulated other (17)Accumulated other (18)Accumulated other (19)Accumulated other (20)Accumulated other (21)Accumulated other (22)Accumulated other (23)Accumulated other (24)Accumulated other (25)Accumulated other (26)!The following discussion is intThe following discussion (1)The following discussion (3)The following discussion (4)The following discussion (5)The following discussion (6)The following discussion (7)The following discussion (8)The following discussion (9) The following discussion (10) The following discussion (11) The following discussion (12) The following discussion (13) The following discussion (14) The following discussion (15) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3)U } m} $ } ?} $} $ } U} $   ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ?ICAHN ENTERPRISES L.P. 10-Q 05/06/2010kcThe following discussion is intended to assist you in understanding our present business and the re   Gross Return 1 for the   Three Months Ended    March 31,  ~ j ~ f  Private Funds   ffffff? %  ~  %$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/?*?h????=1%蔺〓k?齵齩齝??PF0*8X> ?@?B      l ? $8?m?  d褚MbP?_*+?€%???,????&沦璭2?'沦璭2?(沦璭2?)沦璭2??",D/???3ICAHN ENTERPRISES LP INDEX Balance SheetIncome Statement!IN EQUITY AND COMPREHENSIVE INC Cash Flows!Accumulated other comprehensiveAccumulated other (1)Accumulated other (2)Accumulated other (3)Accumulated other (4)Accumulated other (5)Accumulated other (6)Accumulated other (7)Accumulated other (8)Accumulated other (9)Accumulated other (10)Accumulated other (11)Accumulated other (12)Accumulated other (13)Accumulated other (14)Accumulated other (15)Accumulated other (16)Accumulated other (17)Accumulated other (18)Accumulated other (19)Accumulated other (20)Accumulated other (21)Accumulated other (22)Accumulated other (23)Accumulated other (24)Accumulated other (25)Accumulated other (26)!The following discussion is intThe following discussion (1)The following discussion (2)The following discussion (4)The following discussion (5)The following discussion (6)The following discussion (7)The following discussion (8)The following discussion (9) The following discussion (10) The following discussion (11) The following discussion (12) The following discussion (13) The following discussion (14) The following discussion (15) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3)U } U5} $ } $} ?} $ } U}  $ } U} $ } U} $ $????????? 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(?  d褚MbP?_*+?€%???,????&沦璭2?'沦璭2?(沦璭2?)沦璭2??",D/???3ICAHN ENTERPRISES LP INDEX Balance SheetIncome Statement!IN EQUITY AND COMPREHENSIVE INC Cash Flows!Accumulated other comprehensiveAccumulated other (1)Accumulated other (2)Accumulated other (3)Accumulated other (4)Accumulated other (5)Accumulated other (6)Accumulated other (7)Accumulated other (8)Accumulated other (9)Accumulated other (10)Accumulated other (11)Accumulated other (12)Accumulated other (13)Accumulated other (14)Accumulated other (15)Accumulated other (16)Accumulated other (17)Accumulated other (18)Accumulated other (19)Accumulated other (20)Accumulated other (21)Accumulated other (22)Accumulated other (23)Accumulated other (24)Accumulated other (25)Accumulated other (26)!The following discussion is intThe following discussion (1)The following discussion (2)The following discussion (3)The following discussion (4)The following discussion (6)The following discussion (7)The following discussion (8)The following discussion (9) The following discussion (10) The following discussion (11) The following discussion (12) The following discussion (13) The following discussion (14) The following discussion (15) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3)U } -} $ } ?} $ } ?}  $ } U} $ } $} $ ????????? ? ? ? ? ?????????????ICAHN ENTERPRISES L.P. 10-Q 05/06/2010kcThe following discussion is intended to assist you in understanding our present business and the re      Three Months Ended  Variance    March 31,  ~ j ~ f ~   %  Net sales ~ F  ~ Z  ~ ?   ~ R % Cost of goods sold  ~ N   ~ ?   ~ n   ~ : % Gross margin~ ?~ z  ~  ?  ~ ? % Expenses:     +#Selling, general and administrative~ ~   ~  ?   -1 %$Restructuring and impairment~ ~ ?  ~  ~   -87 %~ &~ ?  ~  z   -14 %-%Income (loss) before interest, income~ ?~ 牺 ~      n/m#taxes and other income, net$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/?8 ?????=1%W???鸴鶷鶿鵭鴶骶鰲鰦鯿?PF0*8X> ?@??         l ? "R+  d褚MbP?_*+?€%???,????&沦璭2?'沦璭2?(沦璭2?)沦璭2??",D/???3ICAHN ENTERPRISES LP INDEX Balance SheetIncome Statement!IN EQUITY AND COMPREHENSIVE INC Cash Flows!Accumulated other comprehensiveAccumulated other (1)Accumulated other (2)Accumulated other (3)Accumulated other (4)Accumulated other (5)Accumulated other (6)Accumulated other (7)Accumulated other (8)Accumulated other (9)Accumulated other (10)Accumulated other (11)Accumulated other (12)Accumulated other (13)Accumulated other (14)Accumulated other (15)Accumulated other (16)Accumulated other (17)Accumulated other (18)Accumulated other (19)Accumulated other (20)Accumulated other (21)Accumulated other (22)Accumulated other (23)Accumulated other (24)Accumulated other (25)Accumulated other (26)!The following discussion is intThe following discussion (1)The following discussion (2)The following discussion (3)The following discussion (4)The following discussion (5)The following discussion (7)The following discussion (8)The following discussion (9) The following discussion (10) The following discussion (11) The following discussion (12) The following discussion (13) The following discussion (14) The following discussion (15) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3)U } -} $ } $} $ } $}  $ } ?} $ } ?} $ "????????? 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? ? ? ? ????????????ICAHN ENTERPRISES L.P. 10-Q 05/06/2010kcThe following discussion is intended to assist you in understanding our present business and the re      Three Months Ended  Variance    March 31,   2010 vs 2009  ~ j ~ f ~   %  Net sales ~ B  ~   ~ .   ~ B % Cost of goods sold  ~ ?   ~ ?   ~ "   ~ > % Gross margin~ R~ F  ~    ~ J % Expenses:     +#Selling, general and administrative~ .~ *  ~    ~ * %~ .~ *  ~    ~ * %0(Income before interest, income taxes and~ &~  ~     ~ v %other income, net$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/?6$ ?????=1%W?????鵦鴬鱩鱝??PF0*8X> ?@??          l ? ?  d褚MbP?_*+?€%???,????&沦璭2?'沦璭2?(沦璭2?)沦璭2??",D/???3ICAHN ENTERPRISES LP INDEX Balance SheetIncome Statement!IN EQUITY AND COMPREHENSIVE INC Cash Flows!Accumulated other comprehensiveAccumulated other (1)Accumulated other (2)Accumulated other (3)Accumulated other (4)Accumulated other (5)Accumulated other (6)Accumulated other (7)Accumulated other (8)Accumulated other (9)Accumulated other (10)Accumulated other (11)Accumulated other (12)Accumulated other (13)Accumulated other (14)Accumulated other (15)Accumulated other (16)Accumulated other (17)Accumulated other (18)Accumulated other (19)Accumulated other (20)Accumulated other (21)Accumulated other (22)Accumulated other (23)Accumulated other (24)Accumulated other (25)Accumulated other (26)!The following discussion is intThe following discussion (1)The following discussion (2)The following discussion (3)The following discussion (4)The following discussion (5)The following discussion (6)The following discussion (7)The following discussion (9) The following discussion (10) The following discussion (11) The following discussion (12) The following discussion (13) The following discussion (14) The following discussion (15) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3)U } -} $ } U} $ } $}  $ } $} $ } U} $ ????????? 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N/M#taxes and other income, net#Ferrous tons sold (in 000s)~ ~ B     )!Non-ferrous pounds sold (in 000s)~ 螡~ *0     $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/?>C0????=1%W?????鵜鴥鳝鰡鰶酹魹魭鬸?PF0*8X> ?@??          l ? :K  d褚MbP?_*+?€%???,????&沦璭2?'沦璭2?(沦璭2?)沦璭2??",D/???3ICAHN ENTERPRISES LP INDEX Balance SheetIncome Statement!IN EQUITY AND COMPREHENSIVE INC Cash Flows!Accumulated other comprehensiveAccumulated other (1)Accumulated other (2)Accumulated other (3)Accumulated other (4)Accumulated other (5)Accumulated other (6)Accumulated other (7)Accumulated other (8)Accumulated other (9)Accumulated other (10)Accumulated other (11)Accumulated other (12)Accumulated other (13)Accumulated other (14)Accumulated other (15)Accumulated other (16)Accumulated other (17)Accumulated other (18)Accumulated other (19)Accumulated other (20)Accumulated other (21)Accumulated other (22)Accumulated other (23)Accumulated other (24)Accumulated other (25)Accumulated other (26)!The following discussion is intThe following discussion (1)The following discussion (2)The following discussion (3)The following discussion (4)The following discussion (5)The following discussion (6)The following discussion (7)The following discussion (8) The following discussion (10) The following discussion (11) The following discussion (12) The following discussion (13) The following discussion (14) The following discussion (15) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3)U } ?} $ } $} $ } $}  $ } ?} $ } ?} $ ????????? 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? ? ? ? ?????????????ICAHN ENTERPRISES L.P. 10-Q 05/06/2010kcThe following discussion is intended to assist you in understanding our present business and the re      Three Months Ended  Variance    March 31,   2010 vs 2009  ~ j ~ f ~   %  Net sales ~ N  ~ R  ~ ?    -1 % Cost of goods sold  ~ 6   ~ >   ~ ?    -3 % Gross margin~ ~   ~    ~ R % Expenses:     +#Selling, general and administrative~ F~ F     ~  %$Restructuring and impairment~ ~   ~  ?   -50 %~ R~ ^  ~  ?   -13 %.&Loss before interest, income taxes and~ ?~ ? ~    ~ Z %other income, net$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/?8' ?????=1%W?????鵋鴕鳑鰚鰎鯦?PF0*8X> ?@??          l ? 苨  d褚MbP?_*+?€%???,????&沦璭2?'沦璭2?(沦璭2?)沦璭2??",D/???3ICAHN ENTERPRISES LP INDEX Balance SheetIncome Statement!IN EQUITY AND COMPREHENSIVE INC Cash Flows!Accumulated other comprehensiveAccumulated other (1)Accumulated other (2)Accumulated other (3)Accumulated other (4)Accumulated other (5)Accumulated other (6)Accumulated other (7)Accumulated other (8)Accumulated other (9)Accumulated other (10)Accumulated other (11)Accumulated other (12)Accumulated other (13)Accumulated other (14)Accumulated other (15)Accumulated other (16)Accumulated other (17)Accumulated other (18)Accumulated other (19)Accumulated other (20)Accumulated other (21)Accumulated other (22)Accumulated other (23)Accumulated other (24)Accumulated other (25)Accumulated other (26)!The following discussion is intThe following discussion (1)The following discussion (2)The following discussion (3)The following discussion (4)The following discussion (5)The following discussion (6)The following discussion (7)The following discussion (8)The following discussion (9) The following discussion (10) The following discussion (12) The following discussion (13) The following discussion (14) The following discussion (15) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3)U } ?} $ } U} $ } ?}  $ } U} $ } ?} $ ????????? ? ? ? ? ???????????ICAHN ENTERPRISES L.P. 10-Q 05/06/2010kcThe following discussion is intended to assist you in understanding our present business and the re      Three Months Ended  Variance    March 31,   2010 vs 2009  ~ j ~ f ~   %2 *Net gain (loss) from investment activities ~ &  ~ ?  ~ F    N/M & Loss on extinguishment of debt  ~ b       ~ b    N/M $Interest and dividend income~ ~    ~  ?   -50 %Other income, net~   ~     N/M Holding Company revenues~ ?~ ?  ~  ?  ~ ? % Holding Company expenses~ ~   ~     ~ ? %/'Loss before interest expense and income~ v~ ? ~  ?  ~ ? % taxes$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/?4O ?????=1%W??????鼹?PF0*8X> ?@??          l ? ![?雵  d褚MbP?_*+?€%???,????&沦璭2?'沦璭2?(沦璭2?)沦璭2??",D/???3ICAHN ENTERPRISES LP INDEX Balance SheetIncome Statement!IN EQUITY AND COMPREHENSIVE INC Cash Flows!Accumulated other comprehensiveAccumulated other (1)Accumulated other (2)Accumulated other (3)Accumulated other (4)Accumulated other (5)Accumulated other (6)Accumulated other (7)Accumulated other (8)Accumulated other (9)Accumulated other (10)Accumulated other (11)Accumulated other (12)Accumulated other (13)Accumulated other (14)Accumulated other (15)Accumulated other (16)Accumulated other (17)Accumulated other (18)Accumulated other (19)Accumulated other (20)Accumulated other (21)Accumulated other (22)Accumulated other (23)Accumulated other (24)Accumulated other (25)Accumulated other (26)!The following discussion is intThe following discussion (1)The following discussion (2)The following discussion (3)The following discussion (4)The following discussion (5)The following discussion (6)The following discussion (7)The following discussion (8)The following discussion (9) The following discussion (10) The following discussion (11) The following discussion (13) The following discussion (14) The following discussion (15) NO TITLE NO TITLE (1) NO TITLE (2) NO TITLE (3)U } U5} $ } U} $ } U} $ !  ? 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Exhibit 32.20(Certification of Chief Financial Officer5-pursuant to Section 906 of the Sarbanes-Oxley7/Act of 2002 (18 U.S.C. 1350) and Rule 13a-14(b)/'of the Securities Exchange Act of 1934.?D' l????=1%觜箕e?齲?鼏?麖??鶸?鵣?鴔? ?!?"?$ ____________________________1!)Created by Morningstar Document Research.0"(http://documentresearch.morningstar.com/? ?(?=PF0*8X> ?@?""!!  l ?   d褚MbP?_*+?€%???,????&沦璭2?'沦璭2?(沦璭2?)沦璭2??",D/???3ICAHN ENTERPRISES LP INDEX Balance SheetIncome Statement!IN EQUITY AND COMPREHENSIVE INC Cash Flows!Accumulated other comprehensiveAccumulated other (1)Accumulated other (2)Accumulated other (3)Accumulated other (4)Accumulated other (5)Accumulated other (6)Accumulated other (7)Accumulated other (8)Accumulated other (9)Accumulated other (10)Accumulated other (11)Accumulated other (12)Accumulated other (13)Accumulated other (14)Accumulated other (15)Accumulated other (16)Accumulated other (17)Accumulated other (18)Accumulated other (19)Accumulated other (20)Accumulated other (21)Accumulated other (22)Accumulated other (23)Accumulated other (24)Accumulated other (25)Accumulated other (26)!The following discussion is intThe following discussion (1)The following discussion (2)The following discussion (3)The following discussion (4)The following discussion (5)The following discussion (6)The following discussion (7)The following discussion (8)The following discussion (9) The following discussion (10) The following discussion (11) The following discussion (12) The following discussion (13) The following discussion (14) The following discussion (15) NO TITLE (1) NO TITLE (2) NO TITLE (3)U } $ } ?} $ ????????? ? ? ? ? ???ICAHN ENTERPRISES L.P. 10-Q 05/06/2010NO TITLE/s/ Keith A. Meister   Keith A. Meister   5 -Principal Executive Officer and Vice Chairman   4 ,of the Board of Icahn Enterprises G.P. Inc.,  0 (the general partner of Icahn Enterprises$ ____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/?$?,??????€t0瘙據C?PF0*8X> ?@?  l ?    d褚MbP?_*+?€%???,????&沦璭2?'沦璭2?(沦璭2?)沦璭2??",D/???3ICAHN ENTERPRISES LP INDEX Balance SheetIncome Statement!IN EQUITY AND COMPREHENSIVE INC Cash Flows!Accumulated other comprehensiveAccumulated other (1)Accumulated other (2)Accumulated other (3)Accumulated other (4)Accumulated other (5)Accumulated other (6)Accumulated other (7)Accumulated other (8)Accumulated other (9)Accumulated other (10)Accumulated other (11)Accumulated other (12)Accumulated other (13)Accumulated other (14)Accumulated other (15)Accumulated other (16)Accumulated other (17)Accumulated other (18)Accumulated other (19)Accumulated other (20)Accumulated other (21)Accumulated other (22)Accumulated other (23)Accumulated other (24)Accumulated other (25)Accumulated other (26)!The following discussion is intThe following discussion (1)The following discussion (2)The following discussion (3)The following discussion (4)The following discussion (5)The following discussion (6)The following discussion (7)The following discussion (8)The following discussion (9) The following discussion (10) The following discussion (11) The following discussion (12) The following discussion (13) The following discussion (14) The following discussion (15) NO TITLE NO TITLE (2) NO TITLE (3)U } $ } U5} $ ????????? ? ? ? ? ???ICAHN ENTERPRISES L.P. 10-Q 05/06/2010NO TITLE/s/ Dominick Ragone   Dominick Ragone   4 ,Chief Financial Officer of Icahn Enterprises   / 'G.P. Inc., the general partner of Icahn   Enterprises L.P.$ ____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/?$?,??????€t1蟒桛K??PF0*8X> ?@?  l ? 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Meister   Keith A. Meister   5 -Principal Executive Officer and Vice Chairman   4 ,of the Board of Icahn Enterprises G.P. Inc.,  0 (the general partner of Icahn Enterprises   L.P.$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/?,?|??????€t0瘙據C裏龘龂齙?PF0*8X> ?@? l ? ?  d褚MbP?_*+?€%???,????&沦璭2?'沦璭2?(沦璭2?)沦璭2??",D/???3ICAHN ENTERPRISES LP INDEX Balance SheetIncome Statement!IN EQUITY AND COMPREHENSIVE INC Cash Flows!Accumulated other comprehensiveAccumulated other (1)Accumulated other (2)Accumulated other (3)Accumulated other (4)Accumulated other (5)Accumulated other (6)Accumulated other (7)Accumulated other (8)Accumulated other (9)Accumulated other (10)Accumulated other (11)Accumulated other (12)Accumulated other (13)Accumulated other (14)Accumulated other (15)Accumulated other (16)Accumulated other (17)Accumulated other (18)Accumulated other (19)Accumulated other (20)Accumulated other (21)Accumulated other (22)Accumulated other (23)Accumulated other (24)Accumulated other (25)Accumulated other (26)!The following discussion is intThe following discussion (1)The following discussion (2)The following discussion (3)The following discussion (4)The following discussion (5)The following discussion (6)The following discussion (7)The following discussion (8)The following discussion (9) The following discussion (10) The following discussion (11) The following discussion (12) The following discussion (13) The following discussion (14) The following discussion (15) NO TITLE NO TITLE (1) NO TITLE (2)U } $ } U5} $ ????????? ? ? ? ? ???ICAHN ENTERPRISES L.P. 10-Q 05/06/2010NO TITLE/s/ Dominick Ragone   Dominick Ragone   4 ,Chief Financial Officer of Icahn Enterprises   / 'G.P. Inc., the general partner of Icahn   Enterprises L.P.$ ____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/?$?,??????€t1蟒桛K??PF0*8X> ?@?  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