Company: OXY-WT
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0000797468-25-000111
Chunk: 34

Company: OCCIDENTAL PETROLEUM CORP /DE/
Filing Date: 2025-08-06
Form: 10-Q
Item: Item 1
Chunk 34
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 notes due 20361,727 1,727 Zero Coupon senior notes due 2036673 673 0.000% loan due 2039 (CAD denominated)17 18 4.300% senior notes due 2039247 247 7.950% senior notes due 2039325 325 6.200% senior notes due 2040737 737 4.500% senior notes due 2044191 191 4.625% senior notes due 2045296 296 6.600% senior notes due 20461,117 1,117 4.400% senior notes due 2046424 424 (continued on next page)

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millions (continued)June 30, 2025December 31, 20244.100% senior notes due 2047258 258 4.200% senior notes due 2048304 304 4.400% senior notes due 2049280 280 6.050% senior notes due 20541,000 1,000 7.730% debentures due 209658 58 7.500% debentures due 209660 60 7.250% debentures due 20965 5 Total borrowings at face value$22,119 $24,391 The following table summarizes Occidental's outstanding debt, including finance lease liabilities:millionsJune 30, 2025December 31, 2024Total borrowings at face value$22,119 $24,391 Adjustments to book value:Unamortized premium, net972 1,037 Debt issuance costs(95)(105)Net book value of debt$22,996 $25,323 Long-term finance leases631 658 Current finance leases148 135 Total debt and finance leases$23,775 $26,116 Less: current finance leases(148)(135)Less: current maturities of long-term debt(285)(1,003)Long-term debt, net$23,342 $24,978 DEBT ACTIVITYIn the six months ended June 30, 2025, Occidental used cash on hand, proceeds from asset sales and warrant exercises to repay all of the $1.0 billion senior notes due 2025 and $870 million of senior notes due 2026 and $400