| Income Statement | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Net sales | 21,593 | 26,725 | 28,257 | 36,634 |
| Interest, dividends and other income | 219 | 171 | 139 | 153 |
| Gains (losses) on sale of assets, net | NaN | NaN | NaN | 308 |
| Gains on sales of assets and other, net | NaN | NaN | 522 | NaN |
| Gains (losses) on sales of assets and other, net | 263 | -16 | NaN | NaN |
| Total | 22,075 | 26,880 | 28,918 | 37,095 |
| Oil and gas lease operating expense | 4,681 | 4,738 | 4,677 | 4,028 |
| Transportation and gathering expense | 1,660 | 1,608 | 1,481 | 1,475 |
| Chemical and midstream cost of sales | NaN | 3,121 | 3,116 | 3,273 |
| Purchased commodities | NaN | 337 | 2,009 | 3,287 |
| Purchased commodities and midstream cost of sales | 176 | NaN | NaN | NaN |
| Selling, general and administrative expense | 986 | 1,062 | 1,083 | 945 |
| Other operating and non-operating expense | 1,556 | 1,581 | 1,084 | 1,271 |
| Taxes other than on income | 1,030 | 1,039 | 1,087 | 1,548 |
| Depreciation, depletion and amortization | 7,533 | 7,371 | 6,865 | 6,926 |
| Asset impairments and other charges | 60 | 1,281 | 209 | 0 |
| Acquisition-related costs | 13 | 84 | 26 | 89 |
| Exploration expense | 249 | 275 | 441 | 216 |
| Interest and debt expense, net | 1,079 | 1,175 | 945 | 1,030 |
| Total | 19,023 | 23,672 | 23,023 | 24,088 |
| Income before income taxes and other items | 3,052 | 3,208 | 5,895 | 13,007 |
| Gains on interest rate swaps, net | NaN | 0 | 0 | 317 |
| Income from equity investments and other | 76 | 862 | 534 | 793 |
| Total | 76 | 862 | 534 | 1,110 |
| Income from continuing operations before income taxes | 3,128 | 4,070 | 6,429 | 14,117 |
| U.s. federal statutory tax rate | 657 | NaN | NaN | NaN |
| State and local income tax, net of federal income tax effect | 24 | NaN | NaN | NaN |
| Tax rate differential-DZ | 36 | NaN | NaN | NaN |
| Change in tax law or rate-DZ | 0 | NaN | NaN | NaN |
| Nontaxable or nondeductible items-DZ | 23 | NaN | NaN | NaN |
| Other adjustments-DZ | 7 | NaN | NaN | NaN |
| Other adjustments-CA | -16 | NaN | NaN | NaN |
| Tax rate differential-OM | 201 | NaN | NaN | NaN |
| Other adjustments-OM | 34 | NaN | NaN | NaN |
| Tax rate differential-QA | 33 | NaN | NaN | NaN |
| Other adjustments-QA | -9 | NaN | NaN | NaN |
| Tax rate differential-AE | -143 | NaN | NaN | NaN |
| Other adjustments-Foreign Tax Jurisdiction Other | 30 | NaN | NaN | NaN |
| Change in tax law or rate-US | 0 | NaN | NaN | NaN |
| Effect of cross-border tax laws | 10 | NaN | NaN | NaN |
| Tax credits | 15 | NaN | NaN | NaN |
| Changes in valuation allowance | 2 | NaN | NaN | NaN |
| Nontaxable or nondeductible items-US | 16 | NaN | NaN | NaN |
| Changes in unrecognized tax benefits | 144 | NaN | NaN | NaN |
| Other adjustments-US | -13 | NaN | NaN | NaN |
| Income tax expense | 1,021 | 1,174 | 1,733 | 813 |
| Income from continuing operations | 2,107 | 2,896 | 4,696 | 13,304 |
| Income from discontinued operations, net of tax | 262 | 182 | 0 | 0 |
| Net income | 2,369 | 3,078 | 4,696 | 13,304 |
| Less net income attributable to noncontrolling interest | 43 | 22 | NaN | NaN |
| Less preferred stock dividends and redemption premiums | 679 | 679 | 923 | 800 |
| Net income attributable to common stockholders | 1,647 | 2,377 | 3,773 | 12,504 |
| Basic EPS | 1.65 | 2.59 | 4.22 | 13.41 |
| Diluted EPS | 1.61 | 2.44 | 3.9 | 12.4 |
| Basic Average Shares | 975,500,000 | 911,800,000 | 889,200,000 | 926,200,000 |
| Diluted Average Shares | 1,000,100,000 | 967,100,000 | 960,900,000 | 1,002,000,000 |
OCCIDENTAL PETROLEUM CORP DE (OXY-WT)
OCCIDENTAL PETROLEUM CORP DE (OXY-WT)