XML 31 R20.htm IDEA: XBRL DOCUMENT
v3.21.1

Earnings Per Share and Stockholders' Equity | 3 Months Ended
--- | ---
Mar. 31, 2021
Stockholders' Equity Note [Abstract] |
Earnings Per Share and Stockholders' Equity |
NOTE 11 - EARNINGS PER SHARE AND STOCKHOLDERS' EQUITY
The following table presents the calculation of basic and diluted net income (loss) attributable to common stockholders per share:
|  | Three months ended March 31,
millions except per share amounts |  | 2021 |  | 2020
Net income (loss) from continuing operations |  | $ | 299 |  |  | $ | (2,013) |
Loss from discontinued operations |  | (445) |  |  | — |
Net loss |  | (146) |  |  | (2,013) |
Less: Preferred stock dividends |  | (200) |  |  | (219) |
Net loss attributable to common stockholders |  | $ | (346) |  |  | $ | (2,232) |
Weighted-average number of basic shares |  | 933.1 |  | 896.7
Basic loss per common share |  | $ | (0.37) |  |  | $ | (2.49) |
Net loss, net of participating securities |  | (346) |  |  | (2,232) |
Dilutive securities |  | 947.9 |  |  | 896.7 |
Diluted loss per common share |  | $ | (0.36) |  |  | $ | (2.49) |
For the three months ended March 31, 2021, warrants and options covering approximately 87 million shares of Occidental common stock were excluded from the diluted shares as their effect would have been anti-dilutive. In April 2021, Occidental paid $200 million cash in preferred stock dividends.

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

X
- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(e)(1)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=120397183&loc=d3e187085-122770 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -URI http://asc.fasb.org/topic&trid=2208762 + Details
Name: | us-gaap_StockholdersEquityNoteDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration