Company: OXY-WT
Filing Date: 2025-02-18
Form Type: 10-K
Source: 0000797468-25-000029
Chunk: 9

Company: OCCIDENTAL PETROLEUM CORP /DE/
Filing Date: 2025-02-18
Form: 10-K
Item: Item 8
Chunk 9
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033 1,039 140,954 126,811 Accumulated depreciation, depletion and amortization(71,576)(68,282)Total property, plant and equipment, net69,378 58,529 OPERATING LEASE ASSETS937 1,130 OTHER LONG-TERM ASSETS2,901 2,750 TOTAL ASSETS$85,445 $74,008 

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

64 OXY 2024 FORM 10-K

table of contentsFINANCIAL STATEMENTS

Consolidated Balance SheetsOccidental Petroleum Corporationand Subsidiaries

December 31,millions except share and per-share amounts20242023LIABILITIES AND EQUITYCURRENT LIABILITIES  Current maturities of long-term debt $1,138 $1,202 Current operating lease liabilities374 446 Accounts payable3,753 3,646 Accrued liabilities4,256 3,854 Total current liabilities9,521 9,148 LONG-TERM DEBT, NET24,978 18,536 DEFERRED CREDITS AND OTHER LIABILITIES Deferred income taxes, net5,394 5,764 Asset retirement obligations4,042 3,882 Other deferred credits and liabilities7,030 6,329 Total deferred credits and other liabilities16,466 15,975  EQUITY Preferred stock, at $1.00 per share par value, issued shares: 2024 — 84,897 and 2023 — 84,897 8,287 8,287 Common stock, $0.20 per share par value, authorized shares: 1.5 billion, issued shares: 2024 — 1,166,769,167 and 2023 — 1,107,516,500233 222 Treasury stock: 2024 — 228,311,184 shares and 2023 — 228,053,397 shares(15,597)(15,582)Additional paid-in capital19,868 17,422 Retained earnings21,189 19,626 Accumulated other comprehensive income179 275 Total stockholders’ equity34,159 30,250 Noncontrolling interest321 99 Total equity34,480 30,349 TOTAL LIABILITIES AND EQUITY$85