OCCIDENTAL PETROLEUM CORP DE
For the period ended Dec 31, 2024. Filed Feb 18, 2025.
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FY2024 · Filed Feb 18, 2025
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Consolidated Statements of Comprehensive Income
| table of contents | FINANCIAL STATEMENTS |
| Consolidated Statements of Comprehensive Income | Occidental Petroleum Corporationand Subsidiaries |
|---|
| Years Ended December 31, | |||
|---|---|---|---|
| millions | 2024 | 2023 | 2022 |
| Net 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 income | 2,982 | 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.
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