Company: OXY-WT
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0000797468-25-000111
Chunk: 27

Company: OCCIDENTAL PETROLEUM CORP /DE/
Filing Date: 2025-08-06
Form: 10-Q
Item: Item 1
Chunk 27
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9)— — — — (9)Noncontrolling interest contributions— — — — — — 99 99 Balance as of June 30, 2024$8,287 $227 $(15,591)$17,928 $20,938 $264 $206 $32,259 

Equity Attributable to Common Stockmillions, except per-share amountsPreferred StockCommon StockTreasury StockAdditional Paid-in CapitalRetained EarningsAccumulated Other Comprehensive Income (Loss)Noncontrolling InterestTotal EquityBalance as of December 31, 2024$8,287 $233 $(15,597)$19,868 $21,189 $179 $321 $34,480 Net income— — — — 1,394 — 19 1,413 Other comprehensive loss, net   of tax— — — — — (15)— (15)Dividends on common stock,   $0.48 per share— — — — (467)— — (467)Dividends on preferred stock,   $4,000 per share— — — — (340)— — (340)Shareholder warrants exercised— 9 — 887 — — — 896 Issuance of common stock and other, net of cancellations— 1 — 94 — — — 95 Noncontrolling interest contributions, net— — — — — — 114 114 Balance as of June 30, 2025$8,287 $243 $(15,597)$20,849 $21,776 $164 $454 $36,176 

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

7

Consolidated Condensed Statements of Cash FlowsOccidental Petroleum Corporation and SubsidiariesSix months ended June 30, millions20252024CASH FLOW FROM OPERATING ACTIVITIESNet income$1,413 $2,058 Adjustments to reconcile net income to net cash provided by operating activities:Discontinued operations, net— (182)Depreciation, depletion and amortization of assets3,853 3,468 Deferred income tax benefit(146)(