Company: OXY-WT
Filing Date: 2025-02-18
Form Type: 10-K
Source: 0000797468-25-000029
Chunk: 14

Company: OCCIDENTAL PETROLEUM CORP /DE/
Filing Date: 2025-02-18
Form: 10-K
Item: Item 8
Chunk 14
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 to reconcile net income to net cash from operating activities:Discontinued operations, net(182)— — Depreciation, depletion and amortization of assets7,371 6,865 6,926 Deferred income tax provision (benefit)(461)57 (1,644)Other noncash charges (benefit) to income543 (100)(8)Asset impairments and related items1,281 209 — Losses (gains) on sales of assets and other, net60 (522)(308)Undistributed losses (earnings) from equity investments(79)144 (219)Dry hole expense106 299 84 Changes in operating assets and liabilities:(Increase) decrease in trade receivables(133)1,088 (97)Increase in inventories(46)(91)(230)(Increase) decrease in joint interest receivables and other current assets303 (13)(335)Decrease in accounts payable and accrued liabilities(661)(549)(478)Increase (decrease) in current domestic and foreign income taxes559 225 (185)Operating cash flow from continuing operations11,739 12,308 16,810 Operating cash flow from discontinued operations(300)— — Net cash provided by operating activities11,439 12,308 16,810 CASH FLOW FROM INVESTING ACTIVITIESCapital expenditures(7,018)(6,270)(4,497)Change in capital accrual96 25 147 Purchases of assets, businesses and equity investments, net(9,129)(713)(990)Proceeds from sale of assets and equity investments, net1,673 448 584 Equity investments and other, net(212)(470)(116)Net cash used by investing activities(14,590)(6,980)(4,872)CASH FLOW FROM FINANCING ACTIVITIESDraws on receivables securitization facility — 900 400 Payment of receivables securitization facility — (900)(400)Proceeds from long-term debt, net9,612 (46)— Payments of long-term debt, net (4,514)(22)(9,484)Redemption of preferred stock — (1,661)— Purchases of treasury stock(27)(1,798)(3,099)Cash dividends paid on common and preferred stock(1,446)(1,365)(