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    <link:label id="lab_us-gaap_CommodityContractMember_9B95AAC2D632B0C0BD6A81C8E1DA7AE5_terseLabel_en-US" xlink:label="lab_us-gaap_CommodityContractMember_9B95AAC2D632B0C0BD6A81C8E1DA7AE5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Commodity contracts</link:label>
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    <link:label id="lab_us-gaap_CreditRiskDerivativeLiabilitiesAtFairValue_FB2899D412C7FD74507D81C8E1DB7928_terseLabel_en-US" xlink:label="lab_us-gaap_CreditRiskDerivativeLiabilitiesAtFairValue_FB2899D412C7FD74507D81C8E1DB7928" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair value derivative instruments with credit risk related contingent features in a liability position</link:label>
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    <link:label id="lab_iep_Estimatednumberofrailcarstobedisposedofnumberofrailcars_2E91FD727AF53FAAC1CA5F4E0A158E58_terseLabel_en-US" xlink:label="lab_iep_Estimatednumberofrailcarstobedisposedofnumberofrailcars_2E91FD727AF53FAAC1CA5F4E0A158E58" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Estimated number of railcars to be disposed of (number of railcars)</link:label>
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    <link:label id="lab_iep_Estimatednumberofrailcarstobedisposedofnumberofrailcars_2E91FD727AF53FAAC1CA5F4E0A158E58_documentation_en-US" xlink:label="lab_iep_Estimatednumberofrailcarstobedisposedofnumberofrailcars_2E91FD727AF53FAAC1CA5F4E0A158E58" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Estimated number of railcars to be disposed of (number of railcars)</link:label>
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    <link:label id="lab_us-gaap_FairValueDisclosuresTextBlock_6932CB6695D9B4B124D6A913EC3FB2BC_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueDisclosuresTextBlock_F1B0A252F5355AD5A1A9B3DAA07C4ABF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value Measurements</link:label>
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    <link:label id="lab_iep_ConsolidatedStatementsOfCashFlowsAbstract_A2F5E2D87B03691A15226DCC506C00A6_label_en-US" xlink:label="lab_iep_ConsolidatedStatementsOfCashFlowsAbstract_A2F5E2D87B03691A15226DCC506C00A6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Consolidated Statements of Cash Flows [Abstract]</link:label>
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    <link:label id="lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_3E3D8BA9C3478BCF0CF76DCC506CC8B1_terseLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_3E3D8BA9C3478BCF0CF76DCC506CC8B1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash flows from operating activities:</link:label>
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_3E3D8BA9C3478BCF0CF76DCC506CC8B1_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_3E3D8BA9C3478BCF0CF76DCC506CC8B1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Cash Provided by (Used in) Operating Activities [Abstract]</link:label>
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    <link:label id="lab_us-gaap_ProfitLoss_762A5E401F05612537A26DCC506C4FDF_terseLabel_en-US" xlink:label="lab_us-gaap_ProfitLoss_762A5E401F05612537A26DCC506C4FDF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net income (loss)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ProfitLoss" xlink:label="loc_us-gaap_ProfitLoss_762A5E401F05612537A26DCC506C4FDF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProfitLoss_762A5E401F05612537A26DCC506C4FDF" xlink:to="lab_us-gaap_ProfitLoss_762A5E401F05612537A26DCC506C4FDF" xlink:type="arc" />
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    <link:label id="lab_us-gaap_GainLossOnInvestments_FFAB62132C229F3FE1C46DCC506CE936_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_GainLossOnInvestments_FFAB62132C229F3FE1C46DCC506CE936" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Net gain from securities transactions</link:label>
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    <link:label id="lab_us-gaap_PaymentsToAcquireMarketableSecurities_00291CAB36F6A70324FF6DCC506CCB52_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireMarketableSecurities_00291CAB36F6A70324FF6DCC506CCB52" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Purchases of securities</link:label>
    <link:label id="lab_us-gaap_PaymentsToAcquireMarketableSecurities_00291CAB36F6A70324FF6DCC506CCB52_label_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireMarketableSecurities_00291CAB36F6A70324FF6DCC506CCB52" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments to Acquire Marketable Securities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PaymentsToAcquireMarketableSecurities" xlink:label="loc_us-gaap_PaymentsToAcquireMarketableSecurities_00291CAB36F6A70324FF6DCC506CCB52" xlink:type="locator" />
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    <link:label id="lab_us-gaap_ProceedsFromSaleAndMaturityOfMarketableSecurities_72B912542A42B85F96F06DCC506CE512_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleAndMaturityOfMarketableSecurities_72B912542A42B85F96F06DCC506CE512" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proceeds from sales of securities</link:label>
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    <link:label id="lab_iep_PurchasesToCoverSecuritiesSoldNotYetPurchased_6F6E95F1B36B72C812D06DCC506CF523_negatedTerseLabel_en-US" xlink:label="lab_iep_PurchasesToCoverSecuritiesSoldNotYetPurchased_6F6E95F1B36B72C812D06DCC506CF523" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Purchases to cover securities sold, not yet purchased</link:label>
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    <link:label id="lab_us-gaap_OtherOperatingActivitiesCashFlowStatement_82C7479CB340E4EAD9CB6DCC506CF1D3_terseLabel_en-US" xlink:label="lab_us-gaap_OtherOperatingActivitiesCashFlowStatement_82C7479CB340E4EAD9CB6DCC506CF1D3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other, net</link:label>
    <link:label id="lab_us-gaap_OtherOperatingActivitiesCashFlowStatement_82C7479CB340E4EAD9CB6DCC506CF1D3_label_en-US" xlink:label="lab_us-gaap_OtherOperatingActivitiesCashFlowStatement_82C7479CB340E4EAD9CB6DCC506CF1D3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Operating Activities, Cash Flow Statement</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherOperatingActivitiesCashFlowStatement" xlink:label="loc_us-gaap_OtherOperatingActivitiesCashFlowStatement_82C7479CB340E4EAD9CB6DCC506CF1D3" xlink:type="locator" />
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet" xlink:label="loc_us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet_ACF68021D81B3F58CCA46DCC506CDC1D" xlink:type="locator" />
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_6EF1845123A9C4B539D66DCC506C1A6D" xlink:type="locator" />
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    <link:label id="lab_iep_MembersOrPartnersAxis_AEA7699FED42B3649A526DCC503DBB55_label_en-US" xlink:label="lab_iep_MembersOrPartnersAxis_AEA7699FED42B3649A526DCC503DBB55" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Members or Partners [Axis]</link:label>
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    <link:label id="lab_iep_PartnerNameDomain_A78965BE9C8065E541016DCC503DB55F_label_en-US" xlink:label="lab_iep_PartnerNameDomain_A78965BE9C8065E541016DCC503DB55F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Partner Name [Domain]</link:label>
    <link:label id="lab_iep_PartnerNameDomain_A78965BE9C8065E541016DCC503DB55F_documentation_en-US" xlink:label="lab_iep_PartnerNameDomain_A78965BE9C8065E541016DCC503DB55F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Partner Name [Domain]</link:label>
    <link:loc xlink:href="iep-20170930.xsd#iep_PartnerNameDomain" xlink:label="loc_iep_PartnerNameDomain_A78965BE9C8065E541016DCC503DB55F" xlink:type="locator" />
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    <link:label id="lab_iep_IcahnEnterprisesGPMember_4612B693F4CB1A78F29D6DCC503D57B6_terseLabel_en-US" xlink:label="lab_iep_IcahnEnterprisesGPMember_4612B693F4CB1A78F29D6DCC503D57B6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Icahn Enterprises G.P.</link:label>
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    <link:label id="lab_iep_PrincipalOwnersAndAffiliatesMember_912DB5B7FBF5C960602A6DCC503D02A9_terseLabel_en-US" xlink:label="lab_iep_PrincipalOwnersAndAffiliatesMember_912DB5B7FBF5C960602A6DCC503D02A9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mr. Icahn and affiliates</link:label>
    <link:label id="lab_iep_PrincipalOwnersAndAffiliatesMember_912DB5B7FBF5C960602A6DCC503D02A9_label_en-US" xlink:label="lab_iep_PrincipalOwnersAndAffiliatesMember_912DB5B7FBF5C960602A6DCC503D02A9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Principal Owners and Affiliates [Member]</link:label>
    <link:label id="lab_iep_PrincipalOwnersAndAffiliatesMember_912DB5B7FBF5C960602A6DCC503D02A9_documentation_en-US" xlink:label="lab_iep_PrincipalOwnersAndAffiliatesMember_912DB5B7FBF5C960602A6DCC503D02A9" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Mr. Icahn and certain other entities beneficially owned by Mr. Icahn</link:label>
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    <link:label id="lab_iep_InvestmentFundsMember_D52B6A6D40119FFAC5356DCC503D67D7_terseLabel_en-US" xlink:label="lab_iep_InvestmentFundsMember_D52B6A6D40119FFAC5356DCC503D67D7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investment Funds</link:label>
    <link:label id="lab_iep_InvestmentFundsMember_D52B6A6D40119FFAC5356DCC503D67D7_label_en-US" xlink:label="lab_iep_InvestmentFundsMember_D52B6A6D40119FFAC5356DCC503D67D7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investment Funds [Member]</link:label>
    <link:label id="lab_iep_InvestmentFundsMember_D52B6A6D40119FFAC5356DCC503D67D7_documentation_en-US" xlink:label="lab_iep_InvestmentFundsMember_D52B6A6D40119FFAC5356DCC503D67D7" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The Onshore Fund (Icahn Partners LP) and the Offshore Master Funds are collectively referred to as the &#8220;Investment Funds".  The &#8220;Offshore Master Funds&#8221; consist of (i) Icahn Partners Master Fund LP, or Master Fund I, (ii) Icahn Partners Master Fund II LP, or Master Fund II and (iii) Icahn Partners Master Fund III LP, or Master Fund III.</link:label>
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    <link:label id="lab_iep_FederalMogulMember_E3DBB56EF8112084466B6DCC503DDD74_terseLabel_en-US" xlink:label="lab_iep_FederalMogulMember_E3DBB56EF8112084466B6DCC503DDD74" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Federal-Mogul</link:label>
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    <link:label id="lab_iep_FederalMogulMember_E3DBB56EF8112084466B6DCC503DDD74_documentation_en-US" xlink:label="lab_iep_FederalMogulMember_E3DBB56EF8112084466B6DCC503DDD74" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Federal-Mogul [Member]</link:label>
    <link:loc xlink:href="iep-20170930.xsd#iep_FederalMogulMember" xlink:label="loc_iep_FederalMogulMember_E3DBB56EF8112084466B6DCC503DDD74" xlink:type="locator" />
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    <link:label id="lab_iep_CvrRefiningLpMember_271DBB5FFDC7156620056DCC503D3B33_terseLabel_en-US" xlink:label="lab_iep_CvrRefiningLpMember_271DBB5FFDC7156620056DCC503D3B33" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">CVR Refining</link:label>
    <link:label id="lab_iep_CvrRefiningLpMember_271DBB5FFDC7156620056DCC503D3B33_label_en-US" xlink:label="lab_iep_CvrRefiningLpMember_271DBB5FFDC7156620056DCC503D3B33" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">CVR Refining, LP [Member]</link:label>
    <link:label id="lab_iep_CvrRefiningLpMember_271DBB5FFDC7156620056DCC503D3B33_documentation_en-US" xlink:label="lab_iep_CvrRefiningLpMember_271DBB5FFDC7156620056DCC503D3B33" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">CVR Refining, LP [Member]</link:label>
    <link:loc xlink:href="iep-20170930.xsd#iep_CvrRefiningLpMember" xlink:label="loc_iep_CvrRefiningLpMember_271DBB5FFDC7156620056DCC503D3B33" xlink:type="locator" />
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    <link:label id="lab_iep_CvrPartnersLpMember_97FC1F5246394F5173EB6DCC503D04CD_label_en-US" xlink:label="lab_iep_CvrPartnersLpMember_97FC1F5246394F5173EB6DCC503D04CD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">CVR Partners, LP [Member]</link:label>
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    <link:loc xlink:href="iep-20170930.xsd#iep_CvrPartnersLpMember" xlink:label="loc_iep_CvrPartnersLpMember_97FC1F5246394F5173EB6DCC503D04CD" xlink:type="locator" />
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    <link:label id="lab_iep_CvrEnergyIncMember_4BDBF51E5EBECF6BEAD56DCC503DEB20_terseLabel_en-US" xlink:label="lab_iep_CvrEnergyIncMember_4BDBF51E5EBECF6BEAD56DCC503DEB20" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">CVR Energy</link:label>
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    <link:label id="lab_iep_CvrEnergyIncMember_4BDBF51E5EBECF6BEAD56DCC503DEB20_documentation_en-US" xlink:label="lab_iep_CvrEnergyIncMember_4BDBF51E5EBECF6BEAD56DCC503DEB20" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">CVR Energy, Inc. [Member]</link:label>
    <link:loc xlink:href="iep-20170930.xsd#iep_CvrEnergyIncMember" xlink:label="loc_iep_CvrEnergyIncMember_4BDBF51E5EBECF6BEAD56DCC503DEB20" xlink:type="locator" />
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    <link:label id="lab_iep_AriMember_98CBE50762B5A21D21416DCC503D9622_terseLabel_en-US" xlink:label="lab_iep_AriMember_98CBE50762B5A21D21416DCC503D9622" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">ARI</link:label>
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    <link:label id="lab_iep_AriMember_98CBE50762B5A21D21416DCC503D9622_documentation_en-US" xlink:label="lab_iep_AriMember_98CBE50762B5A21D21416DCC503D9622" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">ARI [Member]</link:label>
    <link:loc xlink:href="iep-20170930.xsd#iep_AriMember" xlink:label="loc_iep_AriMember_98CBE50762B5A21D21416DCC503D9622" xlink:type="locator" />
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    <link:label id="lab_iep_TropicanaMember_235EFE5F25888D96980D6DCC503D3C19_terseLabel_en-US" xlink:label="lab_iep_TropicanaMember_235EFE5F25888D96980D6DCC503D3C19" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Tropicana</link:label>
    <link:label id="lab_iep_TropicanaMember_235EFE5F25888D96980D6DCC503D3C19_label_en-US" xlink:label="lab_iep_TropicanaMember_235EFE5F25888D96980D6DCC503D3C19" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Tropicana [Member]</link:label>
    <link:label id="lab_iep_TropicanaMember_235EFE5F25888D96980D6DCC503D3C19_documentation_en-US" xlink:label="lab_iep_TropicanaMember_235EFE5F25888D96980D6DCC503D3C19" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Tropicana [Member]</link:label>
    <link:loc xlink:href="iep-20170930.xsd#iep_TropicanaMember" xlink:label="loc_iep_TropicanaMember_235EFE5F25888D96980D6DCC503D3C19" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_iep_TropicanaMember_235EFE5F25888D96980D6DCC503D3C19" xlink:to="lab_iep_TropicanaMember_235EFE5F25888D96980D6DCC503D3C19" xlink:type="arc" />
    <link:label id="lab_iep_FerrousResourcesMember_6739A091494287E709756DCC503DEF79_terseLabel_en-US" xlink:label="lab_iep_FerrousResourcesMember_6739A091494287E709756DCC503DEF79" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Ferrous Resources</link:label>
    <link:label id="lab_iep_FerrousResourcesMember_6739A091494287E709756DCC503DEF79_label_en-US" xlink:label="lab_iep_FerrousResourcesMember_6739A091494287E709756DCC503DEF79" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Ferrous Resources [Member]</link:label>
    <link:label id="lab_iep_FerrousResourcesMember_6739A091494287E709756DCC503DEF79_documentation_en-US" xlink:label="lab_iep_FerrousResourcesMember_6739A091494287E709756DCC503DEF79" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Ferrous Resources [Member]</link:label>
    <link:loc xlink:href="iep-20170930.xsd#iep_FerrousResourcesMember" xlink:label="loc_iep_FerrousResourcesMember_6739A091494287E709756DCC503DEF79" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_iep_FerrousResourcesMember_6739A091494287E709756DCC503DEF79" xlink:to="lab_iep_FerrousResourcesMember_6739A091494287E709756DCC503DEF79" xlink:type="arc" />
    <link:label id="lab_iep_ViskaseMember_E20874D3EEF316AA5C266DCC503DFD11_terseLabel_en-US" xlink:label="lab_iep_ViskaseMember_E20874D3EEF316AA5C266DCC503DFD11" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Viskase</link:label>
    <link:label id="lab_iep_ViskaseMember_E20874D3EEF316AA5C266DCC503DFD11_label_en-US" xlink:label="lab_iep_ViskaseMember_E20874D3EEF316AA5C266DCC503DFD11" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Viskase [Member]</link:label>
    <link:label id="lab_iep_ViskaseMember_E20874D3EEF316AA5C266DCC503DFD11_documentation_en-US" xlink:label="lab_iep_ViskaseMember_E20874D3EEF316AA5C266DCC503DFD11" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Viskase [Member]</link:label>
    <link:loc xlink:href="iep-20170930.xsd#iep_ViskaseMember" xlink:label="loc_iep_ViskaseMember_E20874D3EEF316AA5C266DCC503DFD11" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_iep_ViskaseMember_E20874D3EEF316AA5C266DCC503DFD11" xlink:to="lab_iep_ViskaseMember_E20874D3EEF316AA5C266DCC503DFD11" xlink:type="arc" />
    <link:label id="lab_iep_DescriptionofBusinessLineItems_5C935D2FBFA9150479606DCC503DB57C_terseLabel_en-US" xlink:label="lab_iep_DescriptionofBusinessLineItems_5C935D2FBFA9150479606DCC503DB57C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Description of Business [Line Items]</link:label>
    <link:label id="lab_iep_DescriptionofBusinessLineItems_5C935D2FBFA9150479606DCC503DB57C_label_en-US" xlink:label="lab_iep_DescriptionofBusinessLineItems_5C935D2FBFA9150479606DCC503DB57C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Description of Business [Line Items]</link:label>
    <link:label id="lab_iep_DescriptionofBusinessLineItems_5C935D2FBFA9150479606DCC503DB57C_documentation_en-US" xlink:label="lab_iep_DescriptionofBusinessLineItems_5C935D2FBFA9150479606DCC503DB57C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">[Line Items] for Description of Business</link:label>
    <link:loc xlink:href="iep-20170930.xsd#iep_DescriptionofBusinessLineItems" xlink:label="loc_iep_DescriptionofBusinessLineItems_5C935D2FBFA9150479606DCC503DB57C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_iep_DescriptionofBusinessLineItems_5C935D2FBFA9150479606DCC503DB57C" xlink:to="lab_iep_DescriptionofBusinessLineItems_5C935D2FBFA9150479606DCC503DB57C" xlink:type="arc" />
    <link:label id="lab_us-gaap_SubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipOwnershipInterest_46ADA8C54F117037223F6DCC503DD07C_terseLabel_en-US" xlink:label="lab_us-gaap_SubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipOwnershipInterest_46ADA8C54F117037223F6DCC503DD07C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Percentage of equity ownership in operating subsidiary</link:label>
    <link:label id="lab_us-gaap_SubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipOwnershipInterest_46ADA8C54F117037223F6DCC503DD07C_label_en-US" xlink:label="lab_us-gaap_SubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipOwnershipInterest_46ADA8C54F117037223F6DCC503DD07C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Subsidiary of Limited Liability Company or Limited Partnership, Ownership Interest</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipOwnershipInterest" xlink:label="loc_us-gaap_SubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipOwnershipInterest_46ADA8C54F117037223F6DCC503DD07C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipOwnershipInterest_46ADA8C54F117037223F6DCC503DD07C" xlink:to="lab_us-gaap_SubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipOwnershipInterest_46ADA8C54F117037223F6DCC503DD07C" xlink:type="arc" />
    <link:label id="lab_iep_Totalconsiderationreceivedfromsaleofasset_0A608CEE5E6A1E3C6A706DCC503D1E6E_terseLabel_en-US" xlink:label="lab_iep_Totalconsiderationreceivedfromsaleofasset_0A608CEE5E6A1E3C6A706DCC503D1E6E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total consideration received from sale of asset</link:label>
    <link:label id="lab_iep_Totalconsiderationreceivedfromsaleofasset_0A608CEE5E6A1E3C6A706DCC503D1E6E_label_en-US" xlink:label="lab_iep_Totalconsiderationreceivedfromsaleofasset_0A608CEE5E6A1E3C6A706DCC503D1E6E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Total consideration received from sale of asset</link:label>
    <link:label id="lab_iep_Totalconsiderationreceivedfromsaleofasset_0A608CEE5E6A1E3C6A706DCC503D1E6E_documentation_en-US" xlink:label="lab_iep_Totalconsiderationreceivedfromsaleofasset_0A608CEE5E6A1E3C6A706DCC503D1E6E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Total consideration received from sale of asset</link:label>
    <link:loc xlink:href="iep-20170930.xsd#iep_Totalconsiderationreceivedfromsaleofasset" xlink:label="loc_iep_Totalconsiderationreceivedfromsaleofasset_0A608CEE5E6A1E3C6A706DCC503D1E6E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_iep_Totalconsiderationreceivedfromsaleofasset_0A608CEE5E6A1E3C6A706DCC503D1E6E" xlink:to="lab_iep_Totalconsiderationreceivedfromsaleofasset_0A608CEE5E6A1E3C6A706DCC503D1E6E" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsToAcquireAdditionalInterestInSubsidiaries_1FA80145156F6B5AACCF6DCC503D81D1_terseLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireAdditionalInterestInSubsidiaries_1FA80145156F6B5AACCF6DCC503D81D1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Payments to acquire additional interest in subsidiaries</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PaymentsToAcquireAdditionalInterestInSubsidiaries" xlink:label="loc_us-gaap_PaymentsToAcquireAdditionalInterestInSubsidiaries_1FA80145156F6B5AACCF6DCC503D81D1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsToAcquireAdditionalInterestInSubsidiaries_1FA80145156F6B5AACCF6DCC503D81D1" xlink:to="lab_us-gaap_PaymentsToAcquireAdditionalInterestInSubsidiaries_1FA80145156F6B5AACCF6DCC503D81D1" xlink:type="arc" />
    <link:label id="lab_iep_Subsidiaryrepurchaseoftreasurystock_BA5798FF3F6CE20D1A576DCC503D5048_terseLabel_en-US" xlink:label="lab_iep_Subsidiaryrepurchaseoftreasurystock_BA5798FF3F6CE20D1A576DCC503D5048" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Subsidiary repurchase of treasury stock</link:label>
    <link:label id="lab_iep_Subsidiaryrepurchaseoftreasurystock_BA5798FF3F6CE20D1A576DCC503D5048_label_en-US" xlink:label="lab_iep_Subsidiaryrepurchaseoftreasurystock_BA5798FF3F6CE20D1A576DCC503D5048" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Subsidiary repurchase of treasury stock</link:label>
    <link:label id="lab_iep_Subsidiaryrepurchaseoftreasurystock_BA5798FF3F6CE20D1A576DCC503D5048_documentation_en-US" xlink:label="lab_iep_Subsidiaryrepurchaseoftreasurystock_BA5798FF3F6CE20D1A576DCC503D5048" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Subsidiary repurchase of treasury stock</link:label>
    <link:loc xlink:href="iep-20170930.xsd#iep_Subsidiaryrepurchaseoftreasurystock" xlink:label="loc_iep_Subsidiaryrepurchaseoftreasurystock_BA5798FF3F6CE20D1A576DCC503D5048" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_iep_Subsidiaryrepurchaseoftreasurystock_BA5798FF3F6CE20D1A576DCC503D5048" xlink:to="lab_iep_Subsidiaryrepurchaseoftreasurystock_BA5798FF3F6CE20D1A576DCC503D5048" xlink:type="arc" />
    <link:label id="lab_us-gaap_LimitedLiabilityCompanyLLCOrLimitedPartnershipLPManagingMemberOrGeneralPartnerOwnershipInterest_CF3EB13AAE3E526F0A026DCC503DF1A7_terseLabel_en-US" xlink:label="lab_us-gaap_LimitedLiabilityCompanyLLCOrLimitedPartnershipLPManagingMemberOrGeneralPartnerOwnershipInterest_CF3EB13AAE3E526F0A026DCC503DF1A7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">General partner ownership percentage in Icahn Enterprises</link:label>
    <link:label id="lab_us-gaap_LimitedLiabilityCompanyLLCOrLimitedPartnershipLPManagingMemberOrGeneralPartnerOwnershipInterest_CF3EB13AAE3E526F0A026DCC503DF1A7_label_en-US" xlink:label="lab_us-gaap_LimitedLiabilityCompanyLLCOrLimitedPartnershipLPManagingMemberOrGeneralPartnerOwnershipInterest_CF3EB13AAE3E526F0A026DCC503DF1A7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Limited Liability Company (LLC) or Limited Partnership (LP), Managing Member or General Partner, Ownership Interest</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LimitedLiabilityCompanyLLCOrLimitedPartnershipLPManagingMemberOrGeneralPartnerOwnershipInterest" xlink:label="loc_us-gaap_LimitedLiabilityCompanyLLCOrLimitedPartnershipLPManagingMemberOrGeneralPartnerOwnershipInterest_CF3EB13AAE3E526F0A026DCC503DF1A7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LimitedLiabilityCompanyLLCOrLimitedPartnershipLPManagingMemberOrGeneralPartnerOwnershipInterest_CF3EB13AAE3E526F0A026DCC503DF1A7" xlink:to="lab_us-gaap_LimitedLiabilityCompanyLLCOrLimitedPartnershipLPManagingMemberOrGeneralPartnerOwnershipInterest_CF3EB13AAE3E526F0A026DCC503DF1A7" xlink:type="arc" />
    <link:label id="lab_iep_SubsidiaryOfLimitedLiabilityCompanyLlcOrLimitedPartnershipLpManagingMemberOrGeneralPartnerOwnershipInterest_1FB031B4E83273B92EE06DCC503D7C90_verboseLabel_en-US" xlink:label="lab_iep_SubsidiaryOfLimitedLiabilityCompanyLlcOrLimitedPartnershipLpManagingMemberOrGeneralPartnerOwnershipInterest_1FB031B4E83273B92EE06DCC503D7C90" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">General partner ownership interest in Icahn Enterprises Holdings</link:label>
    <link:label id="lab_iep_SubsidiaryOfLimitedLiabilityCompanyLlcOrLimitedPartnershipLpManagingMemberOrGeneralPartnerOwnershipInterest_1FB031B4E83273B92EE06DCC503D7C90_label_en-US" xlink:label="lab_iep_SubsidiaryOfLimitedLiabilityCompanyLlcOrLimitedPartnershipLpManagingMemberOrGeneralPartnerOwnershipInterest_1FB031B4E83273B92EE06DCC503D7C90" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Subsidiary of Limited Liability Company (LLC) or Limited Partnership (LP), Managing Member or General Partner, Ownership Interest</link:label>
    <link:label id="lab_iep_SubsidiaryOfLimitedLiabilityCompanyLlcOrLimitedPartnershipLpManagingMemberOrGeneralPartnerOwnershipInterest_1FB031B4E83273B92EE06DCC503D7C90_documentation_en-US" xlink:label="lab_iep_SubsidiaryOfLimitedLiabilityCompanyLlcOrLimitedPartnershipLpManagingMemberOrGeneralPartnerOwnershipInterest_1FB031B4E83273B92EE06DCC503D7C90" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Subsidiary of Limited Liability Company (LLC) or Limited Partnership (LP), Managing Member or General Partner, Ownership Interest</link:label>
    <link:loc xlink:href="iep-20170930.xsd#iep_SubsidiaryOfLimitedLiabilityCompanyLlcOrLimitedPartnershipLpManagingMemberOrGeneralPartnerOwnershipInterest" xlink:label="loc_iep_SubsidiaryOfLimitedLiabilityCompanyLlcOrLimitedPartnershipLpManagingMemberOrGeneralPartnerOwnershipInterest_1FB031B4E83273B92EE06DCC503D7C90" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_iep_SubsidiaryOfLimitedLiabilityCompanyLlcOrLimitedPartnershipLpManagingMemberOrGeneralPartnerOwnershipInterest_1FB031B4E83273B92EE06DCC503D7C90" xlink:to="lab_iep_SubsidiaryOfLimitedLiabilityCompanyLlcOrLimitedPartnershipLpManagingMemberOrGeneralPartnerOwnershipInterest_1FB031B4E83273B92EE06DCC503D7C90" xlink:type="arc" />
    <link:label id="lab_iep_LimitedLiabilityCompanyLlcOrLimitedPartnershipLpManagingMemberOrGeneralPartnerAggregateOwnershipInterestOfParentAndHoldingCompanySubsidiaries_5DBCD0AD1F46E486C5D06DCC503D3945_terseLabel_en-US" xlink:label="lab_iep_LimitedLiabilityCompanyLlcOrLimitedPartnershipLpManagingMemberOrGeneralPartnerAggregateOwnershipInterestOfParentAndHoldingCompanySubsidiaries_5DBCD0AD1F46E486C5D06DCC503D3945" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Aggregate general partner ownership interest of parent and operating subsidiary</link:label>
    <link:label id="lab_iep_LimitedLiabilityCompanyLlcOrLimitedPartnershipLpManagingMemberOrGeneralPartnerAggregateOwnershipInterestOfParentAndHoldingCompanySubsidiaries_5DBCD0AD1F46E486C5D06DCC503D3945_label_en-US" xlink:label="lab_iep_LimitedLiabilityCompanyLlcOrLimitedPartnershipLpManagingMemberOrGeneralPartnerAggregateOwnershipInterestOfParentAndHoldingCompanySubsidiaries_5DBCD0AD1F46E486C5D06DCC503D3945" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Limited Liability Company (LLC) or Limited Partnership (LP), Managing Member or General Partner, Aggregate Ownership interest of Parent and Holding Company Subsidiaries</link:label>
    <link:label id="lab_iep_LimitedLiabilityCompanyLlcOrLimitedPartnershipLpManagingMemberOrGeneralPartnerAggregateOwnershipInterestOfParentAndHoldingCompanySubsidiaries_5DBCD0AD1F46E486C5D06DCC503D3945_documentation_en-US" xlink:label="lab_iep_LimitedLiabilityCompanyLlcOrLimitedPartnershipLpManagingMemberOrGeneralPartnerAggregateOwnershipInterestOfParentAndHoldingCompanySubsidiaries_5DBCD0AD1F46E486C5D06DCC503D3945" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Limited Liability Company (LLC) or Limited Partnership (LP), Managing Member or General Partner, Aggregate Ownership interest of Parent and Holding Company Subsidiaries</link:label>
    <link:loc xlink:href="iep-20170930.xsd#iep_LimitedLiabilityCompanyLlcOrLimitedPartnershipLpManagingMemberOrGeneralPartnerAggregateOwnershipInterestOfParentAndHoldingCompanySubsidiaries" xlink:label="loc_iep_LimitedLiabilityCompanyLlcOrLimitedPartnershipLpManagingMemberOrGeneralPartnerAggregateOwnershipInterestOfParentAndHoldingCompanySubsidiaries_5DBCD0AD1F46E486C5D06DCC503D3945" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_iep_LimitedLiabilityCompanyLlcOrLimitedPartnershipLpManagingMemberOrGeneralPartnerAggregateOwnershipInterestOfParentAndHoldingCompanySubsidiaries_5DBCD0AD1F46E486C5D06DCC503D3945" xlink:to="lab_iep_LimitedLiabilityCompanyLlcOrLimitedPartnershipLpManagingMemberOrGeneralPartnerAggregateOwnershipInterestOfParentAndHoldingCompanySubsidiaries_5DBCD0AD1F46E486C5D06DCC503D3945" xlink:type="arc" />
    <link:label id="lab_us-gaap_LimitedLiabilityCompanyLLCOrLimitedPartnershipLPMembersOrLimitedPartnersOwnershipInterest_8A108947A0D31134E63D6DCC503DDE28_verboseLabel_en-US" xlink:label="lab_us-gaap_LimitedLiabilityCompanyLLCOrLimitedPartnershipLPMembersOrLimitedPartnersOwnershipInterest_8A108947A0D31134E63D6DCC503DDE28" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Affiliate ownership interest in Icahn Enterprises</link:label>
    <link:label id="lab_us-gaap_LimitedLiabilityCompanyLLCOrLimitedPartnershipLPMembersOrLimitedPartnersOwnershipInterest_8A108947A0D31134E63D6DCC503DDE28_label_en-US" xlink:label="lab_us-gaap_LimitedLiabilityCompanyLLCOrLimitedPartnershipLPMembersOrLimitedPartnersOwnershipInterest_8A108947A0D31134E63D6DCC503DDE28" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Limited Liability Company or Limited Partnership, Members or Limited Partners, Ownership Interest</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LimitedLiabilityCompanyLLCOrLimitedPartnershipLPMembersOrLimitedPartnersOwnershipInterest" xlink:label="loc_us-gaap_LimitedLiabilityCompanyLLCOrLimitedPartnershipLPMembersOrLimitedPartnersOwnershipInterest_8A108947A0D31134E63D6DCC503DDE28" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LimitedLiabilityCompanyLLCOrLimitedPartnershipLPMembersOrLimitedPartnersOwnershipInterest_8A108947A0D31134E63D6DCC503DDE28" xlink:to="lab_us-gaap_LimitedLiabilityCompanyLLCOrLimitedPartnershipLPMembersOrLimitedPartnersOwnershipInterest_8A108947A0D31134E63D6DCC503DDE28" xlink:type="arc" />
    <link:label id="lab_iep_SubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipOwnershipInterestFairValue_958CC7321D1B896873936DCC503D3359_terseLabel_en-US" xlink:label="lab_iep_SubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipOwnershipInterestFairValue_958CC7321D1B896873936DCC503D3359" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair value of interest in subsidiary</link:label>
    <link:label id="lab_iep_SubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipOwnershipInterestFairValue_958CC7321D1B896873936DCC503D3359_label_en-US" xlink:label="lab_iep_SubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipOwnershipInterestFairValue_958CC7321D1B896873936DCC503D3359" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Subsidiary of Limited Liability Company or Limited Partnership, Ownership Interest, Fair Value</link:label>
    <link:label id="lab_iep_SubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipOwnershipInterestFairValue_958CC7321D1B896873936DCC503D3359_documentation_en-US" xlink:label="lab_iep_SubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipOwnershipInterestFairValue_958CC7321D1B896873936DCC503D3359" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The fair value of investment held in the subsidiary investment funds by the limited liability company or limited partnership.</link:label>
    <link:loc xlink:href="iep-20170930.xsd#iep_SubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipOwnershipInterestFairValue" xlink:label="loc_iep_SubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipOwnershipInterestFairValue_958CC7321D1B896873936DCC503D3359" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_iep_SubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipOwnershipInterestFairValue_958CC7321D1B896873936DCC503D3359" xlink:to="lab_iep_SubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipOwnershipInterestFairValue_958CC7321D1B896873936DCC503D3359" xlink:type="arc" />
    <link:label id="lab_iep_Valueofbusinesstobedisposedof_608238D547AB4F5B175C6DCC503DB328_terseLabel_en-US" xlink:label="lab_iep_Valueofbusinesstobedisposedof_608238D547AB4F5B175C6DCC503DB328" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Value of business to be disposed of</link:label>
    <link:label id="lab_iep_Valueofbusinesstobedisposedof_608238D547AB4F5B175C6DCC503DB328_label_en-US" xlink:label="lab_iep_Valueofbusinesstobedisposedof_608238D547AB4F5B175C6DCC503DB328" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Value of business to be disposed of</link:label>
    <link:label id="lab_iep_Valueofbusinesstobedisposedof_608238D547AB4F5B175C6DCC503DB328_documentation_en-US" xlink:label="lab_iep_Valueofbusinesstobedisposedof_608238D547AB4F5B175C6DCC503DB328" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Value of business to be disposed of</link:label>
    <link:loc xlink:href="iep-20170930.xsd#iep_Valueofbusinesstobedisposedof" xlink:label="loc_iep_Valueofbusinesstobedisposedof_608238D547AB4F5B175C6DCC503DB328" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_iep_Valueofbusinesstobedisposedof_608238D547AB4F5B175C6DCC503DB328" xlink:to="lab_iep_Valueofbusinesstobedisposedof_608238D547AB4F5B175C6DCC503DB328" xlink:type="arc" />
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    <link:label id="lab_us-gaap_OtherAssetsMember_FB98BD8DBB717E1D15C7A913EBA20062_terseLabel_en-US" xlink:label="lab_us-gaap_OtherAssetsMember_5C6BCFC0E323552EBEF3021C7E39EF35" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other assets</link:label>
    <link:label id="lab_us-gaap_OtherAssetsMember_FB98BD8DBB717E1D15C7A913EBA20062_label_en-US" xlink:label="lab_us-gaap_OtherAssetsMember_5C6BCFC0E323552EBEF3021C7E39EF35" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Assets [Member]</link:label>
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    <link:label id="lab_us-gaap_DerivativeAssets_2078554212F4DBC19B5DA913EBA3A1DA_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeAssets_B0D26328914E5A22A53EF59635518322" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Derivative contracts, at fair value (asset)</link:label>
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    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CollateralAlreadyPostedAggregateFairValue_C0B2D0F3EEE15891B6A8F8E3FE74FF97" xlink:to="lab_us-gaap_CollateralAlreadyPostedAggregateFairValue_C0B2D0F3EEE15891B6A8F8E3FE74FF97" xlink:type="arc" />
    <link:label id="lab_us-gaap_CashAndCashEquivalentsMember_5C6BB94E8F877AF097AAA913ECD9E807_terseLabel_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsMember_B1E5F1269C5F5B778670721D59AB91B2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash and cash equivalents</link:label>
    <link:label id="lab_us-gaap_CashAndCashEquivalentsMember_5C6BB94E8F877AF097AAA913ECD9E807_label_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsMember_B1E5F1269C5F5B778670721D59AB91B2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash and Cash Equivalents [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CashAndCashEquivalentsMember" xlink:label="loc_us-gaap_CashAndCashEquivalentsMember_B1E5F1269C5F5B778670721D59AB91B2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashAndCashEquivalentsMember_B1E5F1269C5F5B778670721D59AB91B2" xlink:to="lab_us-gaap_CashAndCashEquivalentsMember_B1E5F1269C5F5B778670721D59AB91B2" xlink:type="arc" />
    <link:label id="lab_iep_CashheldatconsolidatedaffiliatedpartnershipsandrestrictedcashMember_2A9C3EB7830A7AE51B24A913ECD967F4_terseLabel_en-US" xlink:label="lab_iep_CashheldatconsolidatedaffiliatedpartnershipsandrestrictedcashMember_EAF55A3BE46858FE931C1EEB3AD9D4CA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash held at consolidated affiliated partnerships and restricted cash</link:label>
    <link:label id="lab_iep_CashheldatconsolidatedaffiliatedpartnershipsandrestrictedcashMember_2A9C3EB7830A7AE51B24A913ECD967F4_label_en-US" xlink:label="lab_iep_CashheldatconsolidatedaffiliatedpartnershipsandrestrictedcashMember_EAF55A3BE46858FE931C1EEB3AD9D4CA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash held at consolidated affiliated partnerships and restricted cash [Member]</link:label>
    <link:label id="lab_iep_CashheldatconsolidatedaffiliatedpartnershipsandrestrictedcashMember_2A9C3EB7830A7AE51B24A913ECD967F4_documentation_en-US" xlink:label="lab_iep_CashheldatconsolidatedaffiliatedpartnershipsandrestrictedcashMember_EAF55A3BE46858FE931C1EEB3AD9D4CA" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Cash held at consolidated affiliated partnerships and restricted cash</link:label>
    <link:loc xlink:href="iep-20170930.xsd#iep_CashheldatconsolidatedaffiliatedpartnershipsandrestrictedcashMember" xlink:label="loc_iep_CashheldatconsolidatedaffiliatedpartnershipsandrestrictedcashMember_EAF55A3BE46858FE931C1EEB3AD9D4CA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_iep_CashheldatconsolidatedaffiliatedpartnershipsandrestrictedcashMember_EAF55A3BE46858FE931C1EEB3AD9D4CA" xlink:to="lab_iep_CashheldatconsolidatedaffiliatedpartnershipsandrestrictedcashMember_EAF55A3BE46858FE931C1EEB3AD9D4CA" xlink:type="arc" />
    <link:label id="lab_us-gaap_InvestmentsMember_8DF6D1E21708F5575CEAA913ECD93241_terseLabel_en-US" xlink:label="lab_us-gaap_InvestmentsMember_BF8D054D0BEF5AD7BEAAE88F2B55464D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investments</link:label>
    <link:label id="lab_us-gaap_InvestmentsMember_8DF6D1E21708F5575CEAA913ECD93241_label_en-US" xlink:label="lab_us-gaap_InvestmentsMember_BF8D054D0BEF5AD7BEAAE88F2B55464D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investments [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_InvestmentsMember" xlink:label="loc_us-gaap_InvestmentsMember_BF8D054D0BEF5AD7BEAAE88F2B55464D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InvestmentsMember_BF8D054D0BEF5AD7BEAAE88F2B55464D" xlink:to="lab_us-gaap_InvestmentsMember_BF8D054D0BEF5AD7BEAAE88F2B55464D" xlink:type="arc" />
    <link:label id="lab_iep_DueFromBrokerMember_292B8F812D9DC076360FA913ECD93B96_terseLabel_en-US" xlink:label="lab_iep_DueFromBrokerMember_2D570EE0B1795EFF9E078F0BD7324052" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Due from brokers</link:label>
    <link:label id="lab_iep_DueFromBrokerMember_292B8F812D9DC076360FA913ECD93B96_label_en-US" xlink:label="lab_iep_DueFromBrokerMember_2D570EE0B1795EFF9E078F0BD7324052" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Due from broker [Member]</link:label>
    <link:label id="lab_iep_DueFromBrokerMember_292B8F812D9DC076360FA913ECD93B96_documentation_en-US" xlink:label="lab_iep_DueFromBrokerMember_2D570EE0B1795EFF9E078F0BD7324052" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Due from broker [Member]</link:label>
    <link:loc xlink:href="iep-20170930.xsd#iep_DueFromBrokerMember" xlink:label="loc_iep_DueFromBrokerMember_2D570EE0B1795EFF9E078F0BD7324052" xlink:type="locator" />
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    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentMember_530359B997049E2AE0B4A913ECD92315_terseLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentMember_35CD24863C8753A4A453271A9A3030B0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Property, plant and equipment, net</link:label>
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentMember_530359B997049E2AE0B4A913ECD92315_label_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentMember_35CD24863C8753A4A453271A9A3030B0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PropertyPlantAndEquipmentMember" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentMember_35CD24863C8753A4A453271A9A3030B0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentMember_35CD24863C8753A4A453271A9A3030B0" xlink:to="lab_us-gaap_PropertyPlantAndEquipmentMember_35CD24863C8753A4A453271A9A3030B0" xlink:type="arc" />
    <link:label id="lab_us-gaap_InventoriesMember_E9AE1F297FFD728AEB98A913ECD9F08B_terseLabel_en-US" xlink:label="lab_us-gaap_InventoriesMember_484D67FC2561526BA1128F50D35679B3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Inventories</link:label>
    <link:label id="lab_us-gaap_InventoriesMember_E9AE1F297FFD728AEB98A913ECD9F08B_label_en-US" xlink:label="lab_us-gaap_InventoriesMember_484D67FC2561526BA1128F50D35679B3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Inventories [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_InventoriesMember" xlink:label="loc_us-gaap_InventoriesMember_484D67FC2561526BA1128F50D35679B3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InventoriesMember_484D67FC2561526BA1128F50D35679B3" xlink:to="lab_us-gaap_InventoriesMember_484D67FC2561526BA1128F50D35679B3" xlink:type="arc" />
    <link:label id="lab_iep_IntangibleassetsnetMember_53AF83DB59C474F8C529A913ECD940E5_terseLabel_en-US" xlink:label="lab_iep_IntangibleassetsnetMember_3570A8646DB45161A073691503E3ED00" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Intangible assets, net</link:label>
    <link:label id="lab_iep_IntangibleassetsnetMember_53AF83DB59C474F8C529A913ECD940E5_label_en-US" xlink:label="lab_iep_IntangibleassetsnetMember_3570A8646DB45161A073691503E3ED00" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Intangible assets, net [Member]</link:label>
    <link:label id="lab_iep_IntangibleassetsnetMember_53AF83DB59C474F8C529A913ECD940E5_documentation_en-US" xlink:label="lab_iep_IntangibleassetsnetMember_3570A8646DB45161A073691503E3ED00" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Intangible assets, net [Member]</link:label>
    <link:loc xlink:href="iep-20170930.xsd#iep_IntangibleassetsnetMember" xlink:label="loc_iep_IntangibleassetsnetMember_3570A8646DB45161A073691503E3ED00" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_iep_IntangibleassetsnetMember_3570A8646DB45161A073691503E3ED00" xlink:to="lab_iep_IntangibleassetsnetMember_3570A8646DB45161A073691503E3ED00" xlink:type="arc" />
    <link:label id="lab_iep_AccountspayableaccruedexpensesandotherliabilitiesMember_BBBF539DC65DDC210570A913ECDA9ED1_terseLabel_en-US" xlink:label="lab_iep_AccountspayableaccruedexpensesandotherliabilitiesMember_462983FCB1DE532FAA12250CE78E6BE1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accounts payable, accrued expenses and other liabilities</link:label>
    <link:label id="lab_iep_AccountspayableaccruedexpensesandotherliabilitiesMember_BBBF539DC65DDC210570A913ECDA9ED1_label_en-US" xlink:label="lab_iep_AccountspayableaccruedexpensesandotherliabilitiesMember_462983FCB1DE532FAA12250CE78E6BE1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accounts payable, accrued expenses and other liabilities [Member]</link:label>
    <link:label id="lab_iep_AccountspayableaccruedexpensesandotherliabilitiesMember_BBBF539DC65DDC210570A913ECDA9ED1_documentation_en-US" xlink:label="lab_iep_AccountspayableaccruedexpensesandotherliabilitiesMember_462983FCB1DE532FAA12250CE78E6BE1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Accounts payable, accrued expenses and other liabilities [Member]</link:label>
    <link:loc xlink:href="iep-20170930.xsd#iep_AccountspayableaccruedexpensesandotherliabilitiesMember" xlink:label="loc_iep_AccountspayableaccruedexpensesandotherliabilitiesMember_462983FCB1DE532FAA12250CE78E6BE1" xlink:type="locator" />
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    <link:label id="lab_us-gaap_SecuritiesSoldNotYetPurchasedMember_3AB013830C8A8FA1104DA913ECDA9A46_terseLabel_en-US" xlink:label="lab_us-gaap_SecuritiesSoldNotYetPurchasedMember_AA648751FC155594BC7C6852C5733595" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Securities sold, not yet purchased, at fair value</link:label>
    <link:label id="lab_us-gaap_SecuritiesSoldNotYetPurchasedMember_3AB013830C8A8FA1104DA913ECDA9A46_label_en-US" xlink:label="lab_us-gaap_SecuritiesSoldNotYetPurchasedMember_AA648751FC155594BC7C6852C5733595" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Securities Sold, Not yet Purchased [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SecuritiesSoldNotYetPurchasedMember" xlink:label="loc_us-gaap_SecuritiesSoldNotYetPurchasedMember_AA648751FC155594BC7C6852C5733595" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SecuritiesSoldNotYetPurchasedMember_AA648751FC155594BC7C6852C5733595" xlink:to="lab_us-gaap_SecuritiesSoldNotYetPurchasedMember_AA648751FC155594BC7C6852C5733595" xlink:type="arc" />
    <link:label id="lab_iep_DuetobrokersMember_5E66B09D74C791083A51A913ECDAF232_terseLabel_en-US" xlink:label="lab_iep_DuetobrokersMember_EEB966F21C4A5E74B4B7ACB891C3F73D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Due to brokers</link:label>
    <link:label id="lab_iep_DuetobrokersMember_5E66B09D74C791083A51A913ECDAF232_label_en-US" xlink:label="lab_iep_DuetobrokersMember_EEB966F21C4A5E74B4B7ACB891C3F73D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Due to brokers [Member]</link:label>
    <link:label id="lab_iep_DuetobrokersMember_5E66B09D74C791083A51A913ECDAF232_documentation_en-US" xlink:label="lab_iep_DuetobrokersMember_EEB966F21C4A5E74B4B7ACB891C3F73D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Due to brokers [Member]</link:label>
    <link:loc xlink:href="iep-20170930.xsd#iep_DuetobrokersMember" xlink:label="loc_iep_DuetobrokersMember_EEB966F21C4A5E74B4B7ACB891C3F73D" xlink:type="locator" />
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    <link:label id="lab_us-gaap_DebtMember_2770248D036B71AD3E2DA913ECDA4A55_terseLabel_en-US" xlink:label="lab_us-gaap_DebtMember_6BE29A594C8158DB89B07C8D3BDFCBD2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt</link:label>
    <link:label id="lab_us-gaap_DebtMember_2770248D036B71AD3E2DA913ECDA4A55_label_en-US" xlink:label="lab_us-gaap_DebtMember_6BE29A594C8158DB89B07C8D3BDFCBD2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DebtMember" xlink:label="loc_us-gaap_DebtMember_6BE29A594C8158DB89B07C8D3BDFCBD2" xlink:type="locator" />
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    <link:label id="lab_us-gaap_EquityMember_8D426D4D6ADDA8E5E05DA913ECDA55A7_terseLabel_en-US" xlink:label="lab_us-gaap_EquityMember_25EE68509A2B5B3B90C94F671F395AB8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity</link:label>
    <link:label id="lab_us-gaap_EquityMember_8D426D4D6ADDA8E5E05DA913ECDA55A7_label_en-US" xlink:label="lab_us-gaap_EquityMember_25EE68509A2B5B3B90C94F671F395AB8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EquityMember" xlink:label="loc_us-gaap_EquityMember_25EE68509A2B5B3B90C94F671F395AB8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EquityMember_25EE68509A2B5B3B90C94F671F395AB8" xlink:to="lab_us-gaap_EquityMember_25EE68509A2B5B3B90C94F671F395AB8" xlink:type="arc" />
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    <link:label id="lab_us-gaap_RestrictedCashAndCashEquivalentsCashAndCashEquivalentsMember_FCEF631FF0EFBB4BBD32A913ECE06460_label_en-US" xlink:label="lab_us-gaap_RestrictedCashAndCashEquivalentsCashAndCashEquivalentsMember_8B1E2854B715500FB8E60A8343DEEF7B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash and Cash Equivalents [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RestrictedCashAndCashEquivalentsCashAndCashEquivalentsMember" xlink:label="loc_us-gaap_RestrictedCashAndCashEquivalentsCashAndCashEquivalentsMember_8B1E2854B715500FB8E60A8343DEEF7B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RestrictedCashAndCashEquivalentsCashAndCashEquivalentsMember_8B1E2854B715500FB8E60A8343DEEF7B" xlink:to="lab_us-gaap_RestrictedCashAndCashEquivalentsCashAndCashEquivalentsMember_8B1E2854B715500FB8E60A8343DEEF7B" xlink:type="arc" />
    <link:label id="lab_iep_RestrictedCashMember_1E2B29C2D2F26EEA700AA913ECE05F61_terseLabel_en-US" xlink:label="lab_iep_RestrictedCashMember_1093988EC843573E8D133624A35965C8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Restricted cash</link:label>
    <link:label id="lab_iep_RestrictedCashMember_1E2B29C2D2F26EEA700AA913ECE05F61_label_en-US" xlink:label="lab_iep_RestrictedCashMember_1093988EC843573E8D133624A35965C8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Restricted cash [Member]</link:label>
    <link:label id="lab_iep_RestrictedCashMember_1E2B29C2D2F26EEA700AA913ECE05F61_documentation_en-US" xlink:label="lab_iep_RestrictedCashMember_1093988EC843573E8D133624A35965C8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Restricted cash</link:label>
    <link:loc xlink:href="iep-20170930.xsd#iep_RestrictedCashMember" xlink:label="loc_iep_RestrictedCashMember_1093988EC843573E8D133624A35965C8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_iep_RestrictedCashMember_1093988EC843573E8D133624A35965C8" xlink:to="lab_iep_RestrictedCashMember_1093988EC843573E8D133624A35965C8" xlink:type="arc" />
    <link:label id="lab_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets_D872AC8D2F9D47F6A11FA913ECE0E615_terseLabel_en-US" xlink:label="lab_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets_C80EFC2FFE1F577898043C2476775620" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Assets of VIE's</link:label>
    <link:label id="lab_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets_D872AC8D2F9D47F6A11FA913ECE0E615_label_en-US" xlink:label="lab_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets_C80EFC2FFE1F577898043C2476775620" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Variable Interest Entity, Consolidated, Carrying Amount, Assets</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets" xlink:label="loc_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets_C80EFC2FFE1F577898043C2476775620" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets_C80EFC2FFE1F577898043C2476775620" xlink:to="lab_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets_C80EFC2FFE1F577898043C2476775620" xlink:type="arc" />
    <link:label id="lab_us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities_B8D0D9BB60D208FD0FEDA913ECE1F622_terseLabel_en-US" xlink:label="lab_us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities_D44750FD8A6057FBBBB6F94C0DEF3CC9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Liabilities of VIE's</link:label>
    <link:label id="lab_us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities_B8D0D9BB60D208FD0FEDA913ECE1F622_label_en-US" xlink:label="lab_us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities_D44750FD8A6057FBBBB6F94C0DEF3CC9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Variable Interest Entity, Consolidated, Carrying Amount, Liabilities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities" xlink:label="loc_us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities_D44750FD8A6057FBBBB6F94C0DEF3CC9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities_D44750FD8A6057FBBBB6F94C0DEF3CC9" xlink:to="lab_us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities_D44750FD8A6057FBBBB6F94C0DEF3CC9" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtAndCapitalLeaseObligations_24CA085C022E5DB8A512A913ECE1FF67_terseLabel_en-US" xlink:label="lab_us-gaap_DebtAndCapitalLeaseObligations_7FCCE69874205CBFAEDAF012F2B9D0EB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt</link:label>
    <link:label id="lab_us-gaap_DebtAndCapitalLeaseObligations_24CA085C022E5DB8A512A913ECE1FF67_label_en-US" xlink:label="lab_us-gaap_DebtAndCapitalLeaseObligations_7FCCE69874205CBFAEDAF012F2B9D0EB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt and Capital Lease Obligations</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DebtAndCapitalLeaseObligations" xlink:label="loc_us-gaap_DebtAndCapitalLeaseObligations_7FCCE69874205CBFAEDAF012F2B9D0EB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtAndCapitalLeaseObligations_7FCCE69874205CBFAEDAF012F2B9D0EB" xlink:to="lab_us-gaap_DebtAndCapitalLeaseObligations_7FCCE69874205CBFAEDAF012F2B9D0EB" xlink:type="arc" />
    <link:label id="lab_us-gaap_LongTermDebtFairValue_7EF48629B6617959DCE2A913ECE11678_terseLabel_en-US" xlink:label="lab_us-gaap_LongTermDebtFairValue_C8CE9653A71A5DDA8579E4E88A1CAC31" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair value of long-term debt</link:label>
    <link:label id="lab_us-gaap_LongTermDebtFairValue_7EF48629B6617959DCE2A913ECE11678_label_en-US" xlink:label="lab_us-gaap_LongTermDebtFairValue_C8CE9653A71A5DDA8579E4E88A1CAC31" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Long-term Debt, Fair Value</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LongTermDebtFairValue" xlink:label="loc_us-gaap_LongTermDebtFairValue_C8CE9653A71A5DDA8579E4E88A1CAC31" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LongTermDebtFairValue_C8CE9653A71A5DDA8579E4E88A1CAC31" xlink:to="lab_us-gaap_LongTermDebtFairValue_C8CE9653A71A5DDA8579E4E88A1CAC31" xlink:type="arc" />
    <link:label id="lab_us-gaap_RestrictedCashAndCashEquivalents_7E4E15DF1D6F2B4BE925A913ECE1BBF0_verboseLabel_en-US" xlink:label="lab_us-gaap_RestrictedCashAndCashEquivalents_57A53F1473D9591CA7BD15316BB516B9" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Restricted cash</link:label>
    <link:label id="lab_us-gaap_RestrictedCashAndCashEquivalents_7E4E15DF1D6F2B4BE925A913ECE1BBF0_label_en-US" xlink:label="lab_us-gaap_RestrictedCashAndCashEquivalents_57A53F1473D9591CA7BD15316BB516B9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Restricted Cash and Cash Equivalents</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RestrictedCashAndCashEquivalents" xlink:label="loc_us-gaap_RestrictedCashAndCashEquivalents_57A53F1473D9591CA7BD15316BB516B9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RestrictedCashAndCashEquivalents_57A53F1473D9591CA7BD15316BB516B9" xlink:to="lab_us-gaap_RestrictedCashAndCashEquivalents_57A53F1473D9591CA7BD15316BB516B9" xlink:type="arc" />
    <link:label id="lab_us-gaap_InterestsContinuedToBeHeldByTransferorFairValue_FF6D92316E53874BE58BA913ECE1A30D_terseLabel_en-US" xlink:label="lab_us-gaap_InterestsContinuedToBeHeldByTransferorFairValue_6534F9C2D97A571997A3E71D97706DD7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gross amount of transferred receivables under factoring arrangements</link:label>
    <link:label id="lab_us-gaap_InterestsContinuedToBeHeldByTransferorFairValue_FF6D92316E53874BE58BA913ECE1A30D_label_en-US" xlink:label="lab_us-gaap_InterestsContinuedToBeHeldByTransferorFairValue_6534F9C2D97A571997A3E71D97706DD7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Transferor's Interests in Transferred Financial Assets, Fair Value</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_InterestsContinuedToBeHeldByTransferorFairValue" xlink:label="loc_us-gaap_InterestsContinuedToBeHeldByTransferorFairValue_6534F9C2D97A571997A3E71D97706DD7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestsContinuedToBeHeldByTransferorFairValue_6534F9C2D97A571997A3E71D97706DD7" xlink:to="lab_us-gaap_InterestsContinuedToBeHeldByTransferorFairValue_6534F9C2D97A571997A3E71D97706DD7" xlink:type="arc" />
    <link:label id="lab_iep_GrossAccountsReceivableFactoredQualifyingAsSales_EF5CD99516181BE25653A913ECE138A0_terseLabel_en-US" xlink:label="lab_iep_GrossAccountsReceivableFactoredQualifyingAsSales_7969C255613D5471BE49462611E020AA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gross amount of transferred receivables under factoring arrangements qualifying as sales</link:label>
    <link:label id="lab_iep_GrossAccountsReceivableFactoredQualifyingAsSales_EF5CD99516181BE25653A913ECE138A0_label_en-US" xlink:label="lab_iep_GrossAccountsReceivableFactoredQualifyingAsSales_7969C255613D5471BE49462611E020AA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gross accounts receivable factored, qualifying as sales</link:label>
    <link:label id="lab_iep_GrossAccountsReceivableFactoredQualifyingAsSales_EF5CD99516181BE25653A913ECE138A0_documentation_en-US" xlink:label="lab_iep_GrossAccountsReceivableFactoredQualifyingAsSales_7969C255613D5471BE49462611E020AA" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Gross accounts receivable under factoring facilities qualify as sales.</link:label>
    <link:loc xlink:href="iep-20170930.xsd#iep_GrossAccountsReceivableFactoredQualifyingAsSales" xlink:label="loc_iep_GrossAccountsReceivableFactoredQualifyingAsSales_7969C255613D5471BE49462611E020AA" xlink:type="locator" />
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    <link:label id="lab_us-gaap_CashFlowsBetweenTransfereeAndTransferorProceedsFromNewTransfers_F2C34B8BCF52BCBC8C0CA913ECE13ED1_terseLabel_en-US" xlink:label="lab_us-gaap_CashFlowsBetweenTransfereeAndTransferorProceedsFromNewTransfers_C19DA09E19705AD1AAD4D45BEF4EB5CA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proceeds from transferred receivables under factoring arrangements qualifying as sales</link:label>
    <link:label id="lab_us-gaap_CashFlowsBetweenTransfereeAndTransferorProceedsFromNewTransfers_F2C34B8BCF52BCBC8C0CA913ECE13ED1_label_en-US" xlink:label="lab_us-gaap_CashFlowsBetweenTransfereeAndTransferorProceedsFromNewTransfers_C19DA09E19705AD1AAD4D45BEF4EB5CA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash Flows Between Transferor and Transferee, Proceeds from New Transfers</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CashFlowsBetweenTransfereeAndTransferorProceedsFromNewTransfers" xlink:label="loc_us-gaap_CashFlowsBetweenTransfereeAndTransferorProceedsFromNewTransfers_C19DA09E19705AD1AAD4D45BEF4EB5CA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashFlowsBetweenTransfereeAndTransferorProceedsFromNewTransfers_C19DA09E19705AD1AAD4D45BEF4EB5CA" xlink:to="lab_us-gaap_CashFlowsBetweenTransfereeAndTransferorProceedsFromNewTransfers_C19DA09E19705AD1AAD4D45BEF4EB5CA" xlink:type="arc" />
    <link:label id="lab_us-gaap_SecuritizationFinancialAssetForWhichTransferIsAccountedAsSaleGainLossOnSale_028218B0D2B9C8B9419BA913ECE185D1_terseLabel_en-US" xlink:label="lab_us-gaap_SecuritizationFinancialAssetForWhichTransferIsAccountedAsSaleGainLossOnSale_4D0D2E5048F75FD9ACF17E6B6DBEE3A4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Expenses associated with transferred receivables under factoring arrangements</link:label>
    <link:label id="lab_us-gaap_SecuritizationFinancialAssetForWhichTransferIsAccountedAsSaleGainLossOnSale_028218B0D2B9C8B9419BA913ECE185D1_label_en-US" xlink:label="lab_us-gaap_SecuritizationFinancialAssetForWhichTransferIsAccountedAsSaleGainLossOnSale_4D0D2E5048F75FD9ACF17E6B6DBEE3A4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Securitization or Asset-backed Financing Arrangement, Financial Asset for which Transfer is Accounted as Sale, Gain (Loss) on Sale</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SecuritizationFinancialAssetForWhichTransferIsAccountedAsSaleGainLossOnSale" xlink:label="loc_us-gaap_SecuritizationFinancialAssetForWhichTransferIsAccountedAsSaleGainLossOnSale_4D0D2E5048F75FD9ACF17E6B6DBEE3A4" xlink:type="locator" />
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    <link:label id="lab_us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption_A0E08A1331E0F6F2DAD4A913ECE13E8D_terseLabel_en-US" xlink:label="lab_us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption_F20093CF527359CD8F6A51F7A56BAEAE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Effect of adopting new accounting principle on consolidated financial statements</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption" xlink:label="loc_us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption_F20093CF527359CD8F6A51F7A56BAEAE" xlink:type="locator" />
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    <link:label id="lab_us-gaap_SubsequentEventsTextBlock_9FE134121A786AB5DCFFA913EAB7C425_terseLabel_en-US" xlink:label="lab_us-gaap_SubsequentEventsTextBlock_D5733B0E21E35D4897FA91323A798F24" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Subsequent Events</link:label>
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    <link:label id="lab_us-gaap_SupplementalCashFlowInformationAbstract_9F20DD05B8C8D1AFE3A05A27FC524F22_label_en-US" xlink:label="lab_us-gaap_SupplementalCashFlowInformationAbstract_9F20DD05B8C8D1AFE3A05A27FC524F22" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Supplemental Cash Flow Information [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SupplementalCashFlowInformationAbstract" xlink:label="loc_us-gaap_SupplementalCashFlowInformationAbstract_9F20DD05B8C8D1AFE3A05A27FC524F22" xlink:type="locator" />
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    <link:label id="lab_us-gaap_InterestPaidNet_C21EFCB10568E000EC535A27FC523CDF_terseLabel_en-US" xlink:label="lab_us-gaap_InterestPaidNet_C21EFCB10568E000EC535A27FC523CDF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash payments for interest, net of amounts capitalized</link:label>
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    <link:label id="lab_iep_ExpenseSharingAgreementMember_4BC3F99E8987744FA1576E5B45A7ABB8_terseLabel_en-US" xlink:label="lab_iep_ExpenseSharingAgreementMember_4BC3F99E8987744FA1576E5B45A7ABB8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Expense sharing arrangement</link:label>
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    <link:label id="lab_sic_Z7600_70E8FE00CBFCACE602486E5B45A8DFAD_terseLabel_en-US" xlink:label="lab_sic_Z7600_70E8FE00CBFCACE602486E5B45A8DFAD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Receipts and revenue from related party</link:label>
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    <link:label id="lab_us-gaap_RelatedPartyTransactionAmountsOfTransaction_DB3E9A890AB808B76C0A6E5B45A8158A_terseLabel_en-US" xlink:label="lab_us-gaap_RelatedPartyTransactionAmountsOfTransaction_DB3E9A890AB808B76C0A6E5B45A8158A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Amount of transaction with related party</link:label>
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    <link:label id="lab_iep_HomeFashionSegmentMember_1D17838944474CD11A0BA913EAF67F52_terseLabel_en-US" xlink:label="lab_iep_HomeFashionSegmentMember_4143F5F5C2EC5F8BAA2375E88F1D2857" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Home Fashion Segment</link:label>
    <link:label id="lab_iep_HomeFashionSegmentMember_1D17838944474CD11A0BA913EAF67F52_label_en-US" xlink:label="lab_iep_HomeFashionSegmentMember_4143F5F5C2EC5F8BAA2375E88F1D2857" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Home Fashion Segment [Member]</link:label>
    <link:label id="lab_iep_HomeFashionSegmentMember_1D17838944474CD11A0BA913EAF67F52_documentation_en-US" xlink:label="lab_iep_HomeFashionSegmentMember_4143F5F5C2EC5F8BAA2375E88F1D2857" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Home Fashion Segment [Member]</link:label>
    <link:loc xlink:href="iep-20170930.xsd#iep_HomeFashionSegmentMember" xlink:label="loc_iep_HomeFashionSegmentMember_4143F5F5C2EC5F8BAA2375E88F1D2857" xlink:type="locator" />
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    <link:label id="lab_us-gaap_CondensedFinancialStatementsCaptionsLineItems_CF07AD54932AAB41083AA913EAF7FD79_terseLabel_en-US" xlink:label="lab_us-gaap_CondensedFinancialStatementsCaptionsLineItems_165E6C5407875637A298F2AC09D29E22" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Condensed Financial Statements, Captions [Line Items]</link:label>
    <link:label id="lab_us-gaap_CondensedFinancialStatementsCaptionsLineItems_CF07AD54932AAB41083AA913EAF7FD79_label_en-US" xlink:label="lab_us-gaap_CondensedFinancialStatementsCaptionsLineItems_165E6C5407875637A298F2AC09D29E22" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Condensed Financial Statements, Captions [Line Items]</link:label>
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    <link:label id="lab_us-gaap_AssetsAbstract_70849C617DF97047F487A913EAF7A302_verboseLabel_en-US" xlink:label="lab_us-gaap_AssetsAbstract_EA76A06A752F572A99DC828720241337" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">ASSETS</link:label>
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    <link:label id="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_04582B4C10A8B53ECE25A913EAF7863F_terseLabel_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_201F87DD98C35D448D13714A9A2DC0CA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash and cash equivalents</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_201F87DD98C35D448D13714A9A2DC0CA" xlink:type="locator" />
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    <link:label id="lab_us-gaap_RestrictedCashAndCashEquivalents_492BCB11F44281232BEFA913EAF7075F_terseLabel_en-US" xlink:label="lab_us-gaap_RestrictedCashAndCashEquivalents_1234D23CFD8B5193982AC3BFFFAC276D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash held at consolidated affiliated partnerships and restricted cash</link:label>
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    <link:label id="lab_us-gaap_AccountsReceivableNet_D4B4C1D46212536E0799A913EAF7A021_terseLabel_en-US" xlink:label="lab_us-gaap_AccountsReceivableNet_B14C4A5A3E74505AA6F914EEEA1F88B7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accounts receivable, net</link:label>
    <link:label id="lab_us-gaap_AccountsReceivableNet_D4B4C1D46212536E0799A913EAF7A021_label_en-US" xlink:label="lab_us-gaap_AccountsReceivableNet_B14C4A5A3E74505AA6F914EEEA1F88B7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accounts Receivable, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AccountsReceivableNet" xlink:label="loc_us-gaap_AccountsReceivableNet_B14C4A5A3E74505AA6F914EEEA1F88B7" xlink:type="locator" />
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    <link:label id="lab_us-gaap_InventoryNet_0C9FFA0376C53B047B69A913EAF71178_terseLabel_en-US" xlink:label="lab_us-gaap_InventoryNet_989E6728A9795797AB7F521F4BF3D2E8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Inventories, net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_InventoryNet" xlink:label="loc_us-gaap_InventoryNet_989E6728A9795797AB7F521F4BF3D2E8" xlink:type="locator" />
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    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentNet_64829B8CCA0911FC1CC0A913EAF718BB_terseLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentNet_35A9080501B55C94999EA8B3FBAE66D1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Property, plant and equipment, net</link:label>
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentNet_64829B8CCA0911FC1CC0A913EAF718BB_label_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentNet_35A9080501B55C94999EA8B3FBAE66D1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PropertyPlantAndEquipmentNet" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentNet_35A9080501B55C94999EA8B3FBAE66D1" xlink:type="locator" />
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    <link:label id="lab_us-gaap_IntangibleAssetsNetIncludingGoodwill_5701509CD0DADDEEE8A2A913EAF7E54E_terseLabel_en-US" xlink:label="lab_us-gaap_IntangibleAssetsNetIncludingGoodwill_DE3C2EB068245FD3A4E83313536694AA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Goodwill and intangible assets, net</link:label>
    <link:label id="lab_us-gaap_IntangibleAssetsNetIncludingGoodwill_5701509CD0DADDEEE8A2A913EAF7E54E_label_en-US" xlink:label="lab_us-gaap_IntangibleAssetsNetIncludingGoodwill_DE3C2EB068245FD3A4E83313536694AA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Intangible Assets, Net (Including Goodwill)</link:label>
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    <link:label id="lab_iep_OtherAssetsAndDueFromCorrespondentBrokers_D8F60C27CF0A201B1189A913EAF743E5_terseLabel_en-US" xlink:label="lab_iep_OtherAssetsAndDueFromCorrespondentBrokers_229EE6418A905EB69C3F106EC89FECD7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other assets</link:label>
    <link:label id="lab_iep_OtherAssetsAndDueFromCorrespondentBrokers_D8F60C27CF0A201B1189A913EAF743E5_label_en-US" xlink:label="lab_iep_OtherAssetsAndDueFromCorrespondentBrokers_229EE6418A905EB69C3F106EC89FECD7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Assets and Due from Correspondent Brokers</link:label>
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    <link:label id="lab_us-gaap_Assets_83991113884432BE6B7CA913EAF706B5_terseLabel_en-US" xlink:label="lab_us-gaap_Assets_416FA14B9FBC52BE8DD90279E3BC3FD7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total assets</link:label>
    <link:label id="lab_us-gaap_Assets_83991113884432BE6B7CA913EAF706B5_label_en-US" xlink:label="lab_us-gaap_Assets_416FA14B9FBC52BE8DD90279E3BC3FD7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets</link:label>
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    <link:label id="lab_us-gaap_LiabilitiesAndStockholdersEquityAbstract_A0E742EB9B012788B3EBA913EAF834CA_terseLabel_en-US" xlink:label="lab_us-gaap_LiabilitiesAndStockholdersEquityAbstract_11BBBBAB81DD5FBF85ABE5D6B58B597C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">LIABILITIES AND EQUITY</link:label>
    <link:label id="lab_us-gaap_LiabilitiesAndStockholdersEquityAbstract_A0E742EB9B012788B3EBA913EAF834CA_label_en-US" xlink:label="lab_us-gaap_LiabilitiesAndStockholdersEquityAbstract_11BBBBAB81DD5FBF85ABE5D6B58B597C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liabilities and Equity [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:label="loc_us-gaap_LiabilitiesAndStockholdersEquityAbstract_11BBBBAB81DD5FBF85ABE5D6B58B597C" xlink:type="locator" />
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    <link:label id="lab_us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent_ED94527CF2E6934182D0A913EAF8D1B1_terseLabel_en-US" xlink:label="lab_us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent_951014021CEA56A1909B4D5DE7BCD098" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accounts payable, accrued expenses and other liabilities</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent" xlink:label="loc_us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent_951014021CEA56A1909B4D5DE7BCD098" xlink:type="locator" />
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    <link:label id="lab_us-gaap_DueToCorrespondentBrokers_DF3C91B34425A2E69C99A913EAF8AF78_terseLabel_en-US" xlink:label="lab_us-gaap_DueToCorrespondentBrokers_6484BCA57E3054018B2DA1574BFB4CE2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Due to brokers</link:label>
    <link:label id="lab_us-gaap_DueToCorrespondentBrokers_DF3C91B34425A2E69C99A913EAF8AF78_label_en-US" xlink:label="lab_us-gaap_DueToCorrespondentBrokers_6484BCA57E3054018B2DA1574BFB4CE2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Due to Correspondent Brokers</link:label>
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    <link:label id="lab_us-gaap_PostemploymentBenefitsLiabilityCurrentAndNoncurrent_F8DFF0A38AD594072A7BA913EAF8EB6F_terseLabel_en-US" xlink:label="lab_us-gaap_PostemploymentBenefitsLiabilityCurrentAndNoncurrent_3A34869B46A95D3E8927717B8571F4C9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Post-retirement benefit liability</link:label>
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    <link:label id="lab_us-gaap_AccruedLiabilitiesCurrentAndNoncurrent_7B7D98B5E2A75EA7B4C73BC8805B7976_terseLabel_en-US" xlink:label="lab_us-gaap_AccruedLiabilitiesCurrentAndNoncurrent_7B7D98B5E2A75EA7B4C73BC8805B7976" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accrued expenses and other liabilities</link:label>
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    <link:label id="lab_us-gaap_LimitedPartnersCapitalAccount_21BC7DF3FD14D8ECF6E73BC8805BC291_terseLabel_en-US" xlink:label="lab_us-gaap_LimitedPartnersCapitalAccount_21BC7DF3FD14D8ECF6E73BC8805BC291" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Limited partners: Depositary units: 169,083,315 units issued and outstanding at September 30, 2017 and 144,741,149 units issued and outstanding at December 31, 2016</link:label>
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