Company: OXY-WT
Filing Date: 2025-02-18
Form Type: 10-K
Source: 0000797468-25-000029
Chunk: 11

Company: OCCIDENTAL PETROLEUM CORP /DE/
Filing Date: 2025-02-18
Form: 10-K
Item: Item 8
Chunk 11
---
: Preferred stock dividends and redemption premiums(679)(923)(800)NET INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS$2,377 $3,773 $12,504 PER COMMON SHARE   Income from continuing operations—basic$2.39 $4.22 $13.41 Discontinued operations—basic0.20 — — Net income attributable to common stockholders—basic$2.59 $4.22 $13.41 Income from continuing operations—diluted$2.26 $3.90 $12.40 Discontinued operations—diluted0.18 — — Net income attributable to common stockholders—diluted$2.44 $3.90 $12.40 

The accompanying notes are an integral part of these Consolidated Financial Statements.

66 OXY 2024 FORM 10-K

table of contentsFINANCIAL STATEMENTS

Consolidated Statements of Comprehensive IncomeOccidental Petroleum Corporationand Subsidiaries

Years Ended December 31,millions202420232022Net income$3,078 $4,696 $13,304 Other comprehensive income (loss) items:   Gains (losses) on derivatives (a)(5)44 80 Pension and postretirement gains (losses) (b)(89)34 321 Other(2)2 2 Other comprehensive income (loss), net of tax(96)80 403 Comprehensive income2,982 4,776 13,707 Less: Comprehensive income attributable to noncontrolling interest(22)— — Comprehensive income attributable to preferred and common stockholders$2,960 $4,776 $13,707 

(a)Net of tax expense of $(22) in 2022.

(b)Net of tax benefit (expense) of $26, $(10) and $(99) in 2024, 2023 and 2022, respectively. See Note 11 - Retirement and Postretirement Benefit Plans in the Notes to Consolidated Financial Statements in Part II Item 8 of this Form 10-K for additional information.

The accompanying notes are an integral part of these Consolidated Financial Statements.

 OXY 2024 FORM 10-K67

table of contentsFINANCIAL STATEMENTS

Consolidated Statements of EquityOccidental Petroleum Corporationand Subs