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    <link:label id="lab_us-gaap_PaymentsToAcquireMarketableSecurities_DDD8F543BF5428241AE6DC0B33A907F7_label_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireMarketableSecurities_DDD8F543BF5428241AE6DC0B33A907F7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments to Acquire Marketable Securities</link:label>
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    <link:label id="lab_us-gaap_ProceedsFromSaleAndMaturityOfMarketableSecurities_3DE46B3A1F956C8C1B44DC12AC595D9C_label_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleAndMaturityOfMarketableSecurities_3DE46B3A1F956C8C1B44DC12AC595D9C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from Sale and Maturity of Marketable Securities</link:label>
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    <link:label id="lab_iep_NetPremiumsReceivedPaidOnDerivativeContracts_5444EDE8970972AB66752430438B5614_terseLabel_en-US" xlink:label="lab_iep_NetPremiumsReceivedPaidOnDerivativeContracts_5444EDE8970972AB66752430438B5614" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net premiums (paid) received on derivative contracts</link:label>
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    <link:label id="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_1ABC1E85C7E485E6911ADAA97EE96F8F_totalLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_1ABC1E85C7E485E6911ADAA97EE96F8F" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net cash provided by (used in) operating activities</link:label>
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_1ABC1E85C7E485E6911ADAA97EE96F8F_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_1ABC1E85C7E485E6911ADAA97EE96F8F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Cash Provided by (Used in) Operating Activities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_1ABC1E85C7E485E6911ADAA97EE96F8F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_1ABC1E85C7E485E6911ADAA97EE96F8F" xlink:to="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_1ABC1E85C7E485E6911ADAA97EE96F8F" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_920C0C2C2A834817FCA3DAAB8DD411DD_terseLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_920C0C2C2A834817FCA3DAAB8DD411DD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash flows from investing activities:</link:label>
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_920C0C2C2A834817FCA3DAAB8DD411DD_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_920C0C2C2A834817FCA3DAAB8DD411DD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Cash Provided by (Used in) Investing Activities [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract" xlink:label="loc_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_920C0C2C2A834817FCA3DAAB8DD411DD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_920C0C2C2A834817FCA3DAAB8DD411DD" xlink:to="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_920C0C2C2A834817FCA3DAAB8DD411DD" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsToAcquireProductiveAssets_761B06C4D492AAF56042DF52A7C114D3_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireProductiveAssets_761B06C4D492AAF56042DF52A7C114D3" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Capital expenditures</link:label>
    <link:label id="lab_us-gaap_PaymentsToAcquireProductiveAssets_761B06C4D492AAF56042DF52A7C114D3_label_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireProductiveAssets_761B06C4D492AAF56042DF52A7C114D3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments to Acquire Productive Assets</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_PaymentsToAcquireProductiveAssets" xlink:label="loc_us-gaap_PaymentsToAcquireProductiveAssets_761B06C4D492AAF56042DF52A7C114D3" xlink:type="locator" />
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    <link:label id="lab_iep_InvestmentsInPreciousMetals_BD5D40FE61955DAA558E470A5FD5087E_terseLabel_en-US" xlink:label="lab_iep_InvestmentsInPreciousMetals_BD5D40FE61955DAA558E470A5FD5087E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Purchase of investment in precious metals</link:label>
    <link:label id="lab_iep_InvestmentsInPreciousMetals_BD5D40FE61955DAA558E470A5FD5087E_label_en-US" xlink:label="lab_iep_InvestmentsInPreciousMetals_BD5D40FE61955DAA558E470A5FD5087E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investments in precious metals</link:label>
    <link:label id="lab_iep_InvestmentsInPreciousMetals_BD5D40FE61955DAA558E470A5FD5087E_documentation_en-US" xlink:label="lab_iep_InvestmentsInPreciousMetals_BD5D40FE61955DAA558E470A5FD5087E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Investments in precious metals</link:label>
    <link:loc xlink:href="iep-20110930.xsd#iep_InvestmentsInPreciousMetals" xlink:label="loc_iep_InvestmentsInPreciousMetals_BD5D40FE61955DAA558E470A5FD5087E" xlink:type="locator" />
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    <link:label id="lab_us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired_C4E0DFFCF8E87F6F80CEDF53C27963EA_label_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired_C4E0DFFCF8E87F6F80CEDF53C27963EA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments to Acquire Businesses, Net of Cash Acquired</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired" xlink:label="loc_us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired_C4E0DFFCF8E87F6F80CEDF53C27963EA" xlink:type="locator" />
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    <link:label id="lab_us-gaap_PaymentsForProceedsFromOtherInvestingActivities_4F72A139E1E4521088F4DF54EC6CC2E2_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_PaymentsForProceedsFromOtherInvestingActivities_4F72A139E1E4521088F4DF54EC6CC2E2" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Other, net</link:label>
    <link:label id="lab_us-gaap_PaymentsForProceedsFromOtherInvestingActivities_4F72A139E1E4521088F4DF54EC6CC2E2_label_en-US" xlink:label="lab_us-gaap_PaymentsForProceedsFromOtherInvestingActivities_4F72A139E1E4521088F4DF54EC6CC2E2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments for (Proceeds from) Other Investing Activities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_PaymentsForProceedsFromOtherInvestingActivities" xlink:label="loc_us-gaap_PaymentsForProceedsFromOtherInvestingActivities_4F72A139E1E4521088F4DF54EC6CC2E2" xlink:type="locator" />
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    <link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_16A44B0B96BD966AD8F8DAA9A7D9D930_totalLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_16A44B0B96BD966AD8F8DAA9A7D9D930" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net cash used in investing activities</link:label>
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_16A44B0B96BD966AD8F8DAA9A7D9D930_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_16A44B0B96BD966AD8F8DAA9A7D9D930" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Cash Provided by (Used in) Investing Activities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_16A44B0B96BD966AD8F8DAA9A7D9D930" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_16A44B0B96BD966AD8F8DAA9A7D9D930" xlink:to="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_16A44B0B96BD966AD8F8DAA9A7D9D930" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_F31A6C47B4C81EC070FCDAABAD5AFBF5_terseLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_F31A6C47B4C81EC070FCDAABAD5AFBF5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash flows from financing activities:</link:label>
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_F31A6C47B4C81EC070FCDAABAD5AFBF5_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_F31A6C47B4C81EC070FCDAABAD5AFBF5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Cash Provided by (Used in) Financing Activities [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract" xlink:label="loc_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_F31A6C47B4C81EC070FCDAABAD5AFBF5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_F31A6C47B4C81EC070FCDAABAD5AFBF5" xlink:to="lab_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_F31A6C47B4C81EC070FCDAABAD5AFBF5" xlink:type="arc" />
    <link:label id="lab_iep_CapitalDistributionsToNonControllingInterests_155BDBBB420845645738769CC8CA4BAC_terseLabel_en-US" xlink:label="lab_iep_CapitalDistributionsToNonControllingInterests_155BDBBB420845645738769CC8CA4BAC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Capital distributions to non-controlling interests</link:label>
    <link:label id="lab_iep_CapitalDistributionsToNonControllingInterests_155BDBBB420845645738769CC8CA4BAC_label_en-US" xlink:label="lab_iep_CapitalDistributionsToNonControllingInterests_155BDBBB420845645738769CC8CA4BAC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Capital distributions to non-controlling interests</link:label>
    <link:label id="lab_iep_CapitalDistributionsToNonControllingInterests_155BDBBB420845645738769CC8CA4BAC_documentation_en-US" xlink:label="lab_iep_CapitalDistributionsToNonControllingInterests_155BDBBB420845645738769CC8CA4BAC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Cash distributions paid to non-controlling investors in the Private Funds</link:label>
    <link:loc xlink:href="iep-20110930.xsd#iep_CapitalDistributionsToNonControllingInterests" xlink:label="loc_iep_CapitalDistributionsToNonControllingInterests_155BDBBB420845645738769CC8CA4BAC" xlink:type="locator" />
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    <link:label id="lab_iep_CapitalContributionsByNonControllingInterests_2224CEFBEF88EB4E208D769F2F2C71FA_negatedTerseLabel_en-US" xlink:label="lab_iep_CapitalContributionsByNonControllingInterests_2224CEFBEF88EB4E208D769F2F2C71FA" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Capital contributions by non-controlling interests</link:label>
    <link:label id="lab_iep_CapitalContributionsByNonControllingInterests_2224CEFBEF88EB4E208D769F2F2C71FA_label_en-US" xlink:label="lab_iep_CapitalContributionsByNonControllingInterests_2224CEFBEF88EB4E208D769F2F2C71FA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Capital contributions by non-controlling interests</link:label>
    <link:label id="lab_iep_CapitalContributionsByNonControllingInterests_2224CEFBEF88EB4E208D769F2F2C71FA_documentation_en-US" xlink:label="lab_iep_CapitalContributionsByNonControllingInterests_2224CEFBEF88EB4E208D769F2F2C71FA" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Cash contributions by non-controlling investors in the Private Funds</link:label>
    <link:loc xlink:href="iep-20110930.xsd#iep_CapitalContributionsByNonControllingInterests" xlink:label="loc_iep_CapitalContributionsByNonControllingInterests_2224CEFBEF88EB4E208D769F2F2C71FA" xlink:type="locator" />
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    <link:label id="lab_us-gaap_ProceedsFromPartnershipContribution_1392A0ED1A0948C68EDC76927DE2D8BF_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromPartnershipContribution_1392A0ED1A0948C68EDC76927DE2D8BF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Partnership contributions</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_ProceedsFromPartnershipContribution" xlink:label="loc_us-gaap_ProceedsFromPartnershipContribution_1392A0ED1A0948C68EDC76927DE2D8BF" xlink:type="locator" />
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_DistributionMadeToMemberOrLimitedPartnerCashDistributionsPaid" xlink:label="loc_us-gaap_DistributionMadeToMemberOrLimitedPartnerCashDistributionsPaid_9A4BA7B33CE8BBBFAF8C6B5FC5887CE3" xlink:type="locator" />
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2011/elts/us-gaap-2011-01-31.xsd#us-gaap_PaymentsToMinorityShareholders" xlink:label="loc_us-gaap_PaymentsToMinorityShareholders_C91A4D5AFFE619237E26705C26603033" xlink:type="locator" />
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