← OCCIDENTAL PETROLEUM CORP /DE/

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income (Loss) Attributable to Parent ($574.0m) $1.3b $4.1b ($985.0m) ($14.8b) $2.3b $13.3b $4.7b $3.1b $2.4b
Net Income (Loss) Available to Common Stockholders, Basic ($574.0m) $1.3b $4.1b ($985.0m) ($15.7b) $1.5b $12.4b $3.8b $2.4b $1.6b
Continuing operations - beginning of year $2.2b $1.7b $3.0b $3.6b $2.2b $2.8b $1.0b $1.5b $2.2b $2.0b
Discontinued operations - beginning of year — — — — — — — $13.0m $7.0m $41.0m
Discontinued operations, net — $0 $0 $15.0m $1.3b $468.0m $0 $0 ($182.0m) ($262.0m)
Financing cash flow from continuing operations $391.0m ($2.3b) ($3.1b) $22.2b ($4.5b) ($8.6b) ($13.7b) ($4.9b) $3.8b ($4.8b)
Financing cash flow from discontinued operations — $0 $0 ($3.0m) ($8.0m) ($8.0m) $0 $0 ($5.0m) ($9.0m)
Investing cash flow from continuing operations ($4.7b) ($3.1b) ($3.2b) ($28.9b) ($778.0m) ($1.2b) ($4.9b) ($7.0b) ($13.8b) ($4.7b)
Investing cash flow from discontinued operations — $0 $0 ($154.0m) ($41.0m) ($79.0m) $0 $0 ($769.0m) ($1.1b)
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent ($1.0b) $1.3b $4.1b — — — — — — —
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest ($1.0b) $1.3b $4.1b ($507.0m) ($13.5b) $2.8b $13.3b $4.7b $2.9b $2.1b
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent $428.0m — — — — — — — — —
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $428.0m — $0 ($15.0m) ($1.3b) ($468.0m) $0 $0 $182.0m $262.0m
Net Income (Loss) Attributable to Noncontrolling Interest — — — $145.0m $0 $0 — — $22.0m $43.0m
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest ($574.0m) $1.3b $4.1b ($522.0m) ($14.8b) $2.3b — — $3.1b $2.4b
Depreciation, Depletion and Amortization $4.3b $4.0b $4.0b $6.0b $8.1b $8.4b $6.9b $6.9b $7.4b $7.5b
Depreciation, depletion and amortization of assets $4.3b $4.0b $4.0b $6.0b $8.1b $8.4b $6.9b $6.9b $7.4b $7.5b
Deferred Income Tax Expense (Benefit) ($517.0m) ($719.0m) $371.0m ($1.0b) ($2.5b) $46.0m ($1.6b) $57.0m ($461.0m) $127.0m
Deferred income tax provision (benefit) ($517.0m) ($719.0m) $371.0m ($1.0b) ($2.5b) $46.0m ($1.6b) $57.0m ($461.0m) $127.0m
Asset impairments $665.0m $545.0m $561.0m $1.3b $11.0b $304.0m $0 $209.0m $1.3b $21.0m
Goodwill, Impairment Loss — — — $4.6b — — — — — —
Restructuring Costs and Asset Impairment Charges — $521.0m — — — — — — — —
Share-based Payment Arrangement, Expense $121.0m $150.0m $180.0m $208.0m $202.0m $287.0m $258.0m $217.0m $228.0m $234.0m
Equity investments and other, net — $59.0m ($182.0m) ($291.0m) $109.0m $406.0m ($116.0m) ($470.0m) ($212.0m) ($286.0m)
Gain (Loss) on Disposition of Assets — — — — — — — $522.0m ($60.0m) $263.0m
Income (Loss) from Equity Method Investments $181.0m $357.0m $331.0m $373.0m $370.0m $631.0m $793.0m $534.0m $862.0m $76.0m
Income Tax Expense (Benefit) ($662.0m) $17.0m $1.5b $693.0m ($2.2b) $915.0m $813.0m $1.7b $1.2b $1.0b
Proceeds from sale of assets and equity investments, net — $1.4b $2.8b $6.1b $2.3b $1.6b $584.0m $448.0m $1.7b $2.3b
Purchases of assets, businesses and equity investments, net — — — — — — ($990.0m) ($713.0m) ($9.1b) ($280.0m)
Undistributed losses (earnings) from equity investments $3.0m ($68.0m) ($43.0m) ($50.0m) ($61.0m) ($70.0m) ($219.0m) $144.0m ($79.0m) $619.0m
Income (Loss) from Equity Method Investments, Net of Dividends or Distributions ($3.0m) $68.0m $43.0m $50.0m $61.0m $70.0m $219.0m ($144.0m) $79.0m ($619.0m)
Changes in operating assets and liabilities:
Additional Financial Items
(Increase) decrease in joint interest receivables and other current assets — — — — — — ($335.0m) ($13.0m) $303.0m ($62.0m)
(Increase) decrease in trade receivables ($1.1b) ($158.0m) ($740.0m) ($44.0m) $2.1b ($2.1b) ($97.0m) $1.1b ($133.0m) $252.0m
Asset Retirement Obligation, Accretion Expense $59.0m $67.0m $67.0m $71.0m $147.0m $205.0m $145.0m $211.0m $234.0m $212.0m
Change in capital accrual ($114.0m) $122.0m $55.0m ($282.0m) ($519.0m) $97.0m $147.0m $25.0m $96.0m $32.0m
Decrease in accounts payable and accrued liabilities $603.0m $43.0m $195.0m $793.0m ($3.2b) $865.0m ($478.0m) ($549.0m) ($661.0m) ($964.0m)
Deferred payments for purchases of assets and businesses — — — — — — $0 $0 ($318.0m) ($417.0m)
Draws on receivables securitization facility — — — — $0 $0 $400.0m $900.0m $0 $0
Dry hole expense $33.0m $51.0m $56.0m $89.0m $47.0m $125.0m $84.0m $299.0m $106.0m $109.0m
Environmental Remediation Expense — — — $112.0m $36.0m $28.0m $65.0m $79.0m $76.0m —
Goodwill — — — — — — — — $668.0m $668.0m
Increase (Decrease) in Inventories ($17.0m) $349.0m $108.0m ($77.0m) $484.0m $86.0m $230.0m $91.0m $46.0m ($12.0m)
Increase (decrease) in current domestic and foreign income taxes $17.0m $64.0m $38.0m $59.0m $22.0m $0 ($185.0m) $225.0m $559.0m ($305.0m)
Losses (gains) on sales of assets and other, net — — — — — ($192.0m) ($308.0m) ($522.0m) $60.0m ($263.0m)
Nonoperating Income (Expense) — — — $606.0m ($53.0m) $753.0m $1.1b $534.0m $862.0m $76.0m
Other noncash charges to income $121.0m $222.0m $34.0m $940.0m $419.0m $229.0m ($8.0m) ($100.0m) $543.0m $420.0m
Payment of receivables securitization facility — — — — $0 $0 ($400.0m) ($900.0m) $0 $0
Purchases of treasury stock ($22.0m) ($25.0m) ($1.2b) ($237.0m) ($12.0m) ($8.0m) ($3.1b) ($1.8b) ($27.0m) $0
Redemption of preferred stock — — — — — $0 $0 ($1.7b) $0 $0
Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax — — — ($15.0m) ($1.3b) ($468.0m) $0 $0 $182.0m $262.0m
Gain (Loss) on Derivative Instruments, Net, Pretax — — — $233.0m ($423.0m) $122.0m $317.0m $0 $0 —
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax ($8.0m) $1.0m ($13.0m) — — — — — — —
Net Cash Provided by (Used in) Operating Activities $3.4b $5.0b $7.7b $7.4b $4.0b $10.4b $16.8b $12.3b $11.4b $10.5b
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $2.7b $3.6b $5.0b $6.4b $2.5b $2.9b $4.5b $6.3b $7.0b $6.4b
Payments for (Proceeds from) Other Investing Activities $169.0m $76.0m $182.0m — — — — — — —
Net cash used by investing activities ($4.7b) ($3.2b) ($3.2b) ($29.0b) ($819.0m) ($1.3b) ($4.9b) ($7.0b) ($14.6b) ($5.8b)
Net Cash Provided by (Used in) Investing Activities ($4.7b) ($3.2b) ($3.2b) ($29.0b) ($819.0m) ($1.3b) ($4.9b) ($7.0b) ($14.6b) ($5.8b)
Cash flows from financing activities:
Proceeds from Issuance of Long-term Debt $4.2b $0 $978.0m $21.6b $6.9b $0 $0 $46.0m $9.6b $0
Proceeds from long-term debt, net $4.2b $0 $978.0m $21.6b $6.9b $0 $0 ($46.0m) $9.6b $0
Payments of long-term debt, net ($2.7b) $0 ($500.0m) ($7.0b) ($8.9b) ($6.8b) ($9.5b) ($22.0m) ($4.5b) ($3.8b)
Repayments of Long-term Debt $2.7b — $500.0m — — — — $22.0m $4.5b $3.8b
Proceeds from Issuance of Common Stock $36.0m $28.0m $33.0m $10.0b $134.0m $31.0m $293.0m $135.0m $584.0m $966.0m
Payments for Repurchase of Common Stock $22.0m $25.0m $1.2b $237.0m $12.0m $8.0m $3.1b $1.8b $27.0m $0
Payments of Ordinary Dividends, Common Stock $2.3b $2.3b $2.4b $2.6b $1.8b $839.0m $1.2b $1.4b $1.4b $1.6b
Contributions from noncontrolling interest — — — — — $0 $0 $100.0m $200.0m $200.0m
Proceeds from Noncontrolling Interests — — — — — — — $100.0m $200.0m $200.0m
Cash dividends paid on common and preferred stock — — ($2k) ($3k) ($2k) ($839) ($1k) ($1k) ($1k) ($2k)
Dividends Payable — — $600.0m $884.0m $189.0m $188.0m $289.0m $307.0m — —
Dividends Payable, Current — — — — — — — — $354.0m $383.0m
Other financing, net $0 $0 $9.0m $229.0m ($419.0m) ($80.0m) ($130.0m) ($233.0m) ($247.0m) ($236.0m)
Proceeds from (Payments for) Other Financing Activities — — $9.0m $229.0m ($419.0m) ($80.0m) ($130.0m) ($233.0m) ($247.0m) ($236.0m)
Net cash provided (used) by financing activities $391.0m ($2.3b) ($3.1b) $22.2b ($4.5b) ($8.6b) ($13.7b) ($4.9b) $3.8b ($4.8b)
Net Cash Provided by (Used in) Financing Activities $391.0m ($2.3b) ($3.1b) $22.2b ($4.5b) ($8.6b) ($13.7b) ($4.9b) $3.8b ($4.8b)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect — — $1.4b $541.0m ($1.4b) $609.0m ($1.8b) $438.0m $693.0m ($111.0m)
Increase (decrease) in cash, cash equivalents, restricted cash and restricted cash equivalents ($2.2b) ($561.0m) $1.4b $541.0m ($1.4b) $609.0m ($1.8b) $438.0m $693.0m ($111.0m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents ($2.2b) ($561.0m) $3.0b $3.6b $2.2b $2.8b $1.0b $1.5b $2.2b $2.0b
Cash, cash equivalents, restricted cash and restricted cash equivalents — beginning of year — — — — — — — $1.5b $2.2b $2.0b
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities — $351.0m $383.0m $911.0m $1.6b $1.7b $1.4b $1.1b $1.2b $1.2b
Income Taxes Paid, Net — — — — — — — — — $1.2b

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.