XML 69 R39.htm IDEA: XBRL DOCUMENT
v3.6.0.2

INVESTMENTS AND RELATED-PARTY TRANSACTIONS (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2016
INVESTMENTS AND RELATED-PARTY TRANSACTIONS |
Summarized financial information of equity-method investments |
For the years ended December 31, (in millions) |  | 2016 |  | 2015 |  | 2014
Revenues |  | $ | 1,238 |  |  | $ | 1,050 |  |  | $ | 3,090 |
Costs and expenses |  | 1,043 |  |  | 827 |  |  | 2,774 |
Net income |  | $ | 195 |  |  | $ | 223 |  |  | $ | 316 |
As of December 31, (in millions) |  | 2016 |  | 2015 |  |
Current assets |  | $ | 914 |  |  | $ | 896 |  |  |
Non-current assets |  | $ | 3,605 |  |  | $ | 3,589 |  |  |
Current liabilities |  | $ | 577 |  |  | $ | 536 |  |  |
Long-term debt |  | $ | 1,957 |  |  | $ | 2,141 |  |  |
Other non-current liabilities |  | $ | 159 |  |  | $ | 149 |  |  |
Stockholders’ equity |  | $ | 1,826 |  |  | $ | 1,659 |  |  |
Related-party transactions |
For the years ended December 31, (in millions) |  | 2016 |  | 2015 |  | 2014
Sales (a) |  | $ | 602 |  |  | $ | 555 |  |  | $ | 835 |
Purchases |  | $ | 7 |  |  | $ | 26 |  |  | $ | 6 |
Services |  | $ | 17 |  |  | $ | 32 |  |  | $ | 27 |
Advances and amounts due from |  | $ | 59 |  |  | $ | 60 |  |  | $ | 26 |
Amounts due to |  | $ | — |  |  | $ | 5 |  |  | $ | 15 |
| (a) |  | In 2016, 2015 and 2014, sales of Occidental-produced oil and NGLs to Plains Pipeline accounted for 89 percent, 87 percent and 46 percent of these totals, respectively. Sales to Plains Pipeline related to Occidental's oil and gas production are disclosed above. In addition to these sales, Occidental conducts marketing activities with Plains Pipeline for oil, NGLs and transportation. Net margins associated with these marketing activities are negligible.

X
- References No definition available. + Details
Name: | oxy_InvestmentsAndRelatedPartyTransactionsDisclosureAbstract
Namespace Prefix: | oxy_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure of summarized financial information of interest in equity investments' assets, liabilities, revenues and expenses. + References No definition available. + Details
Name: | oxy_ScheduleOfOwnershipInterestsInEquityInvestmentsTableTextBlock
Namespace Prefix: | oxy_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of related party transactions. Examples of related party transactions include, but are not limited to, transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners and (d) affiliates. + References No definition available. + Details
Name: | us-gaap_ScheduleOfRelatedPartyTransactionsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration