OCCIDENTAL PETROLEUM CORP DE
For the period ended Dec 31, 2024. Filed Feb 18, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Feb 18, 2025
OXY$56.38+0.0%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Financial Statements and Supplementary Data
| table of contents | FINANCIAL STATEMENTSINDEX |
| INDEX TO CONSOLIDATED FINANCIAL STATEMENTS | PAGE |
|---|---|
| Report of Independent Registered Public Accounting Firm on Consolidated Financial Statements | 61 |
| Report of Independent Registered Public Accounting Firm on Internal Control Over Financial Reporting | 63 |
| Consolidated Balance Sheets | 64 |
| Consolidated Statements of Operations | 66 |
| Consolidated Statements of Comprehensive Income | 67 |
| Consolidated Statements of Equity | 68 |
| Consolidated Statements of Cash Flows | 69 |
| Notes to Consolidated Financial Statements | 70 |
| Note 1 - Summary of Significant Accounting Policies | 70 |
| Note 2 - Revenue | 78 |
| Note 3 - Inventories | 81 |
| Note 4 - Investments and Related-Party Transactions | 81 |
| Note 5 - Acquisitions, Divestitures and Other Transactions | 82 |
| Note 6 - Long-term Debt | 86 |
| Note 7 - Lease Commitments | 89 |
| Note 8 - Derivatives | 91 |
| Note 9 - Fair Value Measurements | 92 |
| Note 10 - Income Taxes | 93 |
| Note 11 - Retirement and Postretirement Benefit Plans | 96 |
| Note 12 - Environmental Liabilities and Expenditures | 100 |
| Note 13 - Lawsuits, Claims, Commitments and Contingencies | 102 |
| Note 14 - Stockholders’ Equity | 104 |
| Note 15 - Stock-Based Incentive Plans | 106 |
| Note 16 - Industry Segments and Geographic Areas | 109 |
| Supplemental Oil and Gas Information (Unaudited) | 112 |
| Schedule II – Valuation and Qualifying Accounts | 127 |
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