XML 39 R25.htm IDEA: XBRL DOCUMENT
v3.24.1.u1

REVENUE (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2024
Revenue from Contract with Customer [Abstract] |
Schedule of Reconciliation of Revenue from Customers to Total Net Sales | The following table shows a reconciliation of revenue from customers to total net sales for the three months ended March 31, 2024 and 2023:
| Three months ended March 31, |
millions | 2024 | 2023 |  |
Revenue from customers | $ | 6,731 |  | $ | 7,115 |  |  |
All other revenues (a) | (756) |  | 110 |  |  |
Net sales | $ | 5,975 |  | $ | 7,225 |  |  |
(a) Includes marketing and chemical other revenues.
Schedule of Revenue from Customers by Segment, Product, and Geographical Area | The table below presents Occidental's revenue from customers by segment, product and geographical area. The oil and gas segment typically sells its oil, NGL and gas at the lease or concession area. Chemical segment revenues are shown by geographic area based on the location of the sale. Excluding net marketing revenue, midstream and marketing segment revenues are shown by the location of sale:
millions | United States | International | Eliminations | Total
Three months ended March 31, 2024 |  |  |  |
Oil and gas |  |  |  |
Oil | $ | 3,349 |  | $ | 772 |  | $ | — |  | $ | 4,121 |
NGL | 416 |  | 99 |  | — |  | 515 |
Gas | 187 |  | 87 |  | — |  | 274 |
Other | 5 |  | — |  | — |  | 5 |
Segment total | $ | 3,957 |  | $ | 958 |  | $ | — |  | $ | 4,915 |
Chemical | $ | 1,115 |  | $ | 70 |  | $ | — |  | $ | 1,185 |
Midstream and marketing | $ | 760 |  | $ | 96 |  | $ | — |  | $ | 856 |
Eliminations | $ | — |  | $ | — |  | $ | (225) |  | $ | (225) |
Consolidated | $ | 5,832 |  | $ | 1,124 |  | $ | (225) |  | $ | 6,731 |
millions | United States | International | Eliminations | Total
Three months ended March 31, 2023 |  |  |  |
Oil and gas |  |  |  |
Oil | $ | 3,650 |  | $ | 718 |  | $ | — |  | $ | 4,368 |
NGL | 460 |  | 85 |  | — |  | 545 |
Gas | 355 |  | 72 |  | — |  | 427 |
Other | (16) |  | 1 |  | — |  | (15) |
Segment total | $ | 4,449 |  | $ | 876 |  | $ | — |  | $ | 5,325 |
Chemical | $ | 1,308 |  | $ | 94 |  | $ | — |  | $ | 1,402 |
Midstream and marketing | $ | 540 |  | $ | 104 |  | $ | — |  | $ | 644 |
Eliminations | $ | — |  | $ | — |  | $ | (256) |  | $ | (256) |
Consolidated | $ | 6,297 |  | $ | 1,074 |  | $ | (256) |  | $ | 7,115 |

X
- Definition The disclosure of reconciliation of revenue from customers and other revenue to total revenue. + References No definition available. + Details
Name: | oxy_ReconciliationOfRevenueFromCustomersAndOtherRevenueToTotalRevenueTableTextBlock
Namespace Prefix: | oxy_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-5 + Details
Name: | us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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