Company: OXY-WT
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001628280-25-051071
Chunk: 16

Company: OCCIDENTAL PETROLEUM CORP /DE/
Filing Date: 2025-11-10
Form: 10-Q
Item: Item 1
Chunk 16
---
 income$2,255 $3,198 Adjustments to reconcile net income to net cash provided by operating activities:Discontinued operations, net— (182)Depreciation, depletion and amortization of assets5,914 5,394 Deferred income tax provision (benefit)1 (182)Asset impairments and related items— 21 (Gains) losses on sales of assets and other, net(13)52 Other noncash charges to income 685 339 Changes in operating assets and liabilities:(Increase) decrease in trade receivables352 (532)(Increase) decrease in inventories16 (226)(Increase) decrease in other current assets(76)219 Decrease in accounts payable and accrued liabilities(1,067)(430)Increase (decrease) in current domestic and foreign income taxes(169)512 Operating cash flow from continuing operations7,898 8,183 Operating cash flow from discontinued operations, net of taxes— (100)Net cash provided by operating activities7,898 8,083 CASH FLOW FROM INVESTING ACTIVITIESCapital expenditures(5,674)(5,237)Change in capital accrual(87)(39)Purchases of assets, businesses and equity investments, net(231)(9,037)Proceeds from sales of assets, net2,230 1,662 Equity investments and other, net(227)(149)Net cash used by investing activities(3,989)(12,800)CASH FLOW FROM FINANCING ACTIVITIESProceeds from long-term debt, net— 9,612 Payments of long-term debt, net(3,584)(4,007)Proceeds from issuance of common stock948 571 Purchases of treasury stock— (9)Cash dividends paid on common and preferred stock(1,186)(1,069)Contributions from noncontrolling interest153 146 Payment for taxes related to stock-based award settlement(63)(103)Other financing, net(138)(95)Net cash provided (used) by financing activities(3,870)5,046 Increase in cash, cash equivalents, restricted cash and restricted cash equivalents39 329 Cash, cash equivalents, restricted cash and restricted cash equivalents — beginning of period2,157 1,464 Cash, cash equivalents, restricted cash and restricted cash equivalents — end of period$2,196 $1,793 The