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Long-Term Debt (Tables) | 9 Months Ended
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Sep. 30, 2019
Debt Disclosure [Abstract] |
Schedule of Long-term Debt | Long-term debt consisted of the following:
millions |  | Balance at September 30, 2019
Occidental |  |
4.850% senior notes due 2021 |  | $ | 677 |
2.600% senior notes due 2021 |  | 1,500 |
4.100% senior notes due 2021 |  | 1,249 |
Variable rate bonds due 2021 (3.137% as of September 30, 2019) |  | 500 |
Variable rate bonds due 2021 (3.437% as of September 30, 2019) |  | 500 |
2-year variable rate Term Loan due 2021 (3.417% as of September 30, 2019) |  | 3,966 |
2.700% senior notes due 2022 |  | 2,000 |
3.125% senior notes due 2022 |  | 814 |
2.600% senior notes due 2022 |  | 400 |
Variable rate bonds due 2022 (3.637% as of September 30, 2019) |  | 1,500 |
2.700% senior notes due 2023 |  | 1,191 |
8.750% medium-term notes due 2023 |  | 22 |
2.900% senior notes due 2024 |  | 3,000 |
6.950% senior notes due 2024 |  | 650 |
3.450% senior notes due 2024 |  | 248 |
3.500% senior notes due 2025 |  | 750 |
5.550% senior notes due 2026 |  | 1,100 |
3.200% senior notes due 2026 |  | 1,000 |
3.400% senior notes due 2026 |  | 1,150 |
7.500% debentures due 2026 |  | 112 |
3.000% senior notes due 2027 |  | 750 |
7.125% debentures due 2027 |  | 150 |
7.000% debentures due 2027 |  | 48 |
6.625% debentures due 2028 |  | 14 |
7.150% debentures due 2028 |  | 235 |
7.200% senior debentures due 2028 |  | 82 |
7.200% debentures due 2029 |  | 135 |
7.950% debentures due 2029 |  | 116 |
8.450% senior debentures due 2029 |  | 116 |
3.500 senior notes due 2029 |  | 1,500 |
Variable rate bonds due 2030 (1.785% as of September 30, 2019) |  | 68 |
7.500% senior notes due 2031 |  | 900 |
7.875% senior notes due 2031 |  | 500 |
6.450% senior notes due 2036 |  | 1,750 |
Zero Coupon senior notes due 2036 |  | 2,271 |
4.300% senior notes due 2039 |  | 750 |
7.950% senior notes due 2039 |  | 325 |
6.200% senior notes due 2040 |  | 750 |
4.500% senior notes due 2044 |  | 625 |
4.625% senior notes due 2045 |  | 750 |
6.600% senior notes due 2046 |  | 1,100 |
4.400% senior notes due 2046 |  | 1,200 |
4.100% senior notes due 2047 |  | 750 |
4.200% senior notes due 2048 |  | 1,000 |
4.400% senior notes due 2049 |  | 750 |
7.730% debentures due 2096 |  | 60 |
7.500% debentures due 2096 |  | 78 |
7.250% debentures due 2096 |  | 49 |
Total borrowings at face value (a) |  | 39,151 |
Adjustments to book value: |  |
Unamortized premium, net |  | 859 |
Debt issuance costs |  | (133 | )
Long-term finance leases |  | 69 |
Long-term Debt, net - Occidental |  | $ | 39,946 |
(a) Total borrowings at face value also includes a $310 thousand 7.25% senior note due 2025
millions |  | Balance at September 30, 2019
WES |  |
5.375% senior notes due 2021 |  | $ | 500 |
4.000% senior notes due 2022 |  | 670 |
3.950% senior notes due 2025 |  | 500 |
4.650% senior notes due 2026 |  | 500 |
4.500% senior notes due 2028 |  | 400 |
4.750% senior notes due 2028 |  | 400 |
5.450% senior notes due 2044 |  | 600 |
5.300% senior notes due 2048 |  | 700 |
5.500% senior notes due 2048 |  | 350 |
WES Term Loan Facility (3.420% as of September 30, 2019) |  | 3,000 |
WES revolving credit facility (3.340% as of September 30,2019) |  | 160 |
Total borrowings at face value |  | $ | 7,780 |
Adjustments to book value: |  |
Unamortized discount net |  | (135 | )
Debt issuance costs |  | (8 | )
Long-term Debt, net - WES |  | $ | 7,637 |
Occidental Consolidated |  |
Total borrowings at face value |  | $ | 46,931 |
Adjustments to book value: |  |
Unamortized premium, net |  | 724 |
Debt issuance costs |  | (141 | )
Long-term finance leases |  | 69 |
Total Occidental Consolidated Long-term Debt |  | $ | 47,583 |
millions |  | Balance at December 31, 2018
Occidental |  |
9.250% senior debentures due 2019 |  | $ | 116 |
4.100% senior notes due 2021 |  | 1,249 |
3.125% senior notes due 2022 |  | 813 |
2.600% senior notes due 2022 |  | 400 |
2.700% senior notes due 2023 |  | 1,191 |
8.750% medium-term notes due 2023 |  | 22 |
3.500% senior notes due 2025 |  | 750 |
3.400% senior notes due 2026 |  | 1,150 |
3.000% senior notes due 2027 |  | 750 |
7.200% senior debentures due 2028 |  | 82 |
8.450% senior debentures due 2029 |  | 116 |
4.625% senior notes due 2045 |  | 750 |
4.400% senior notes due 2046 |  | 1,200 |
4.100% senior notes due 2047 |  | 750 |
4.200% senior notes due 2048 |  | 1,000 |
Variable rate bonds due 2030 (1.9% as of December 31, 2018) |  | 68 |
|  | 10,407 |
Adjustments to book value: |  |
Unamortized discount, net |  | (36 | )
Debt issuance costs |  | (54 | )
Current maturities |  | (116 | )
Total Occidental Consolidated Long-term Debt |  | $ | 10,201 |

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