Company: OXY-WT
Filing Date: 2025-02-18
Form Type: 10-K
Source: 0000797468-25-000029
Chunk: 41

Company: OCCIDENTAL PETROLEUM CORP /DE/
Filing Date: 2025-02-18
Form: 10-K
Item: Item 8
Chunk 41
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 Related-Party Transactions. DISCONTINUED OPERATIONSAs previously disclosed, on April 5, 2024, Andes and the Occidental entities named in the pending actions related to the Andes Arbitration executed a confidential final settlement in which the parties agreed to dismiss all pending legal actions. The settlement resulted in a gain of $182 million, net of taxes, in discontinued operations.

 OXY 2024 FORM 10-K85

table of contentsFINANCIAL STATEMENTSFOOTNOTES

NOTE 6 - LONG-TERM DEBTAs of December 31, 2024 and 2023, Occidental’s debt consisted of the following:millions202420232.900% senior notes due 2024— 654 6.950% senior notes due 2024— 291 3.450% senior notes due 2024— 111 3.500% senior notes due 2025— 137 5.875% senior notes due 2025536 606 5.500% senior notes due 2025465 465 5.550% senior notes due 2026870 870 3.200% senior notes due 2026182 182 3.400% senior notes due 2026284 284 Two-year term loan due 2026 (6.249% as of December 31, 2024)2,700 — 7.500% debentures due 2026112 112 8.500% senior notes due 2027489 489 3.000% senior notes due 2027216 216 7.125% debentures due 2027150 150 7.000% debentures due 202748 48 5.000% senior notes due 2027600 — 6.625% debentures due 202814 14 7.150% debentures due 2028232 232 7.200% senior debentures due 202882 82 6.375% senior notes due 2028578 578 7.200% debentures due 2029135 135 7.950% debentures due 2029116 116 8.450% senior debentures due 2029116 116 3.500% senior notes due 2029286 286 5.200% senior notes due 20291,200