Company: OXY-WT
Filing Date: 2025-02-18
Form Type: 10-K
Source: 0000797468-25-000029
Chunk: 78

Company: OCCIDENTAL PETROLEUM CORP /DE/
Filing Date: 2025-02-18
Form: 10-K
Item: Item 8
Chunk 78
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venues and other income   Net sales$4,923 $5,321 $6,757 Gains on sale of assets and other income19 57 65 Total4,942 5,378 6,822 Significant segment expenses Cost of sales3,367 3,425 3,909 Depreciation, depletion and amortization363 356 370 Other segment expenses191 175 149 Total$3,921 $3,956 $4,428 Segment income before other items$1,021 $1,422 $2,394 Income from equity investments and other103 109 114 Segment income from continuing operations before taxes$1,124 $1,531 $2,508 

110 OXY 2024 FORM 10-K

table of contentsFINANCIAL STATEMENTSFOOTNOTES

MIDSTREAM AND MARKETING SEGMENT Other segment expenses include asset impairments and other charges, transportation expense, taxes other than on income, and selling, general and administrative expense:Years Ended December 31,millions 202420232022Revenues and other income   Net sales$962 $2,551 $4,136 Gains on sale of assets and other income627 493 267 Total$1,589 $3,044 $4,403 Significant segment expenses Cost of sales558 597 706 Purchased commodities470 2,144 3,497 Other operating and non-operating expense298 239 143 Depreciation, depletion and amortization329 326 328 Other segment expenses151 163 167 Total$1,806 $3,469 $4,841 Segment losses before other items$(217)$(425)$(438)Income from equity investments and other797 449 711 Segment income from continuing operations before taxes$580 $24 $273  SEGMENT INVESTMENTS AND EXPENDITURES The following table includes segment-level balance sheet information:millionsOil and gasChemicalMidstream and marketingCorporate andeliminationsTotalYear ended December 31, 2024PP&E Additions$5,408 $718 $941 $141 $7,208 Investments in unconsolidated entities$94 $513 $2,552 $— $3,159 Total Assets$63,