EXHIBIT 99.3
Investor Relations Supplemental Schedules
Investor Relations Supplemental Schedules | |||||||
Summary | |||||||
($ Millions) | |||||||
3Q 2011 | 3Q 2010 | ||||||
Core Results | $1,775 | $1,203 | |||||
EPS - Diluted | $2.18 | $1.48 | |||||
Reported Net Income | $1,771 | $1,191 | |||||
EPS - Diluted | $2.17 | $1.46 | |||||
Total Worldwide Sales Volumes (mboe/day) | 743 | 713 | |||||
Total Worldwide Production Volumes (mboe/day) | 739 | 706 | |||||
Total Worldwide Crude Oil Realizations ($/BBL) | $97.24 | $72.31 | |||||
Total Worldwide NGL Realizations ($/BBL) | $56.06 | $39.70 | |||||
Domestic Natural Gas Realizations ($/MCF) | $4.23 | $4.20 | |||||
Wtd. Average Basic Shares O/S (mm) | 812.5 | 812.7 | |||||
Wtd. Average Diluted Shares O/S (mm) | 813.2 | 813.9 | |||||
YTD 2011 | YTD 2010 | ||||||
Core Results | $5,187 | $3,377 | |||||
EPS - Diluted | $6.37 | $4.14 | |||||
Reported Net Income | $5,137 | $3,318 | |||||
EPS - Diluted | $6.31 | $4.07 | |||||
Total Worldwide Sales Volumes (mboe/day) | 726 | 701 | |||||
Total Worldwide Production Volumes (mboe/day) | 728 | 703 | |||||
Total Worldwide Crude Oil Realizations ($/BBL) | $97.33 | $73.58 | |||||
Total Worldwide NGL Realizations ($/BBL) | $55.63 | $43.66 | |||||
Domestic Natural Gas Realizations ($/MCF) | $4.24 | $4.67 | |||||
Wtd. Average Basic Shares O/S (mm) | 812.6 | 812.4 | |||||
Wtd. Average Diluted Shares O/S (mm) | 813.3 | 813.8 | |||||
Shares Outstanding (mm) | 811.8 | 812.6 | |||||
Cash Flow from Operations | $ | 8,600 | $ | 6,700 |
1
Investor Relations Supplemental Schedules
OCCIDENTAL PETROLEUM | |||||||||||||
2011 Third Quarter | |||||||||||||
Net Income (Loss) | |||||||||||||
($ millions) | |||||||||||||
Reported | Core | ||||||||||||
Income | Significant Items Affecting Income | Results | |||||||||||
Oil & Gas | $ | 2,612 | $ | 2,612 | |||||||||
Chemical | 245 | 245 | |||||||||||
Midstream, marketing and other | 77 | 77 | |||||||||||
Corporate | |||||||||||||
Interest expense, net | (23 | ) | (23 | ) | |||||||||
Other | (49 | ) | (49 | ) | |||||||||
Taxes | (1,087 | ) | (1,087 | ) | |||||||||
Income from continuing operations | 1,775 | - | 1,775 | ||||||||||
Discontinued operations, net of tax | (4 | ) | 4 | Discontinued operations, net | - | ||||||||
Net Income | $ | 1,771 | $ | 4 | $ | 1,775 | |||||||
Basic Earnings Per Common Share | |||||||||||||
Income from continuing operations | $ | 2.18 | |||||||||||
Discontinued operations, net | (0.01 | ) | |||||||||||
Net Income | $ | 2.17 | $ | 2.18 | |||||||||
Diluted Earnings Per Common Share | |||||||||||||
Income from continuing operations | $ | 2.18 | |||||||||||
Discontinued operations, net | (0.01 | ) | |||||||||||
Net Income | $ | 2.17 | $ | 2.18 |
2
Investor Relations Supplemental Schedules
OCCIDENTAL PETROLEUM | |||||||||||||
2010 Third Quarter | |||||||||||||
Net Income (Loss) | |||||||||||||
($ millions) | |||||||||||||
Reported | Core | ||||||||||||
Income | Significant Items Affecting Income | Results | |||||||||||
Oil & Gas | $ | 1,757 | $ | 1,757 | |||||||||
Chemical | 189 | 189 | |||||||||||
Midstream, marketing and other | 163 | 163 | |||||||||||
Corporate | |||||||||||||
Interest expense, net | (18 | ) | (18 | ) | |||||||||
Other | (66 | ) | (66 | ) | |||||||||
Taxes | (822 | ) | (822 | ) | |||||||||
Income from continuing operations | 1,203 | - | 1,203 | ||||||||||
Discontinued operations, net of tax | (12 | ) | 12 | Discontinued operations, net | - | ||||||||
Net Income | $ | 1,191 | $ | 12 | $ | 1,203 | |||||||
Basic Earnings Per Common Share | |||||||||||||
Income from continuing operations | $ | 1.48 | |||||||||||
Discontinued operations, net | (0.02 | ) | |||||||||||
Net Income | $ | 1.46 | $ | 1.48 | |||||||||
Diluted Earnings Per Common Share | |||||||||||||
Income from continuing operations | $ | 1.48 | |||||||||||
Discontinued operations, net | (0.02 | ) | |||||||||||
Net Income | $ | 1.46 | $ | 1.48 |
3
Investor Relations Supplemental Schedules
OCCIDENTAL PETROLEUM | |||||||||||||
2011 Nine Months | |||||||||||||
Net Income (Loss) | |||||||||||||
($ millions) | |||||||||||||
Reported | Core | ||||||||||||
Income | Significant Items Affecting Income | Results | |||||||||||
Oil & Gas | $ | 7,704 | $ | 35 | Libya exploration write-off | $ | 7,746 | ||||||
(22 | ) | Gain on sale of Colombia pipeline interest | |||||||||||
29 | Foreign tax | ||||||||||||
Chemical | 717 | 717 | |||||||||||
Midstream, marketing and other | 378 | 378 | |||||||||||
Corporate | |||||||||||||
Interest expense, net | (259 | ) | 163 | Premium on debt extinguishments | (96 | ) | |||||||
Other | (289 | ) | (289 | ) | |||||||||
Taxes | (3,252 | ) | (50 | ) | Tax effect of adjustments | (3,269 | ) | ||||||
33 | State income tax charge | ||||||||||||
Income from continuing operations | 4,999 | 188 | 5,187 | ||||||||||
Discontinued operations, net of tax | 138 | (138 | ) | Discontinued operations, net | - | ||||||||
Net Income | $ | 5,137 | $ | 50 | $ | 5,187 | |||||||
Basic Earnings Per Common Share | |||||||||||||
Income from continuing operations | $ | 6.14 | |||||||||||
Discontinued operations, net | 0.17 | ||||||||||||
Net Income | $ | 6.31 | $ | 6.37 | |||||||||
Diluted Earnings Per Common Share | |||||||||||||
Income from continuing operations | $ | 6.14 | |||||||||||
Discontinued operations, net | 0.17 | ||||||||||||
Net Income | $ | 6.31 | $ | 6.37 |
4
Investor Relations Supplemental Schedules
OCCIDENTAL PETROLEUM | |||||||||||||
2010 Nine Months | |||||||||||||
Net Income (Loss) | |||||||||||||
($ millions) | |||||||||||||
Reported | Core | ||||||||||||
Income | Significant Items Affecting Income | Results | |||||||||||
Oil & Gas | $ | 5,485 | $ | 5,485 | |||||||||
Chemical | 327 | 327 | |||||||||||
Midstream, marketing and other | 270 | 270 | |||||||||||
Corporate | |||||||||||||
Interest expense, net | (73 | ) | (73 | ) | |||||||||
Other | (255 | ) | (255 | ) | |||||||||
Taxes | (2,377 | ) | (2,377 | ) | |||||||||
Income from continuing operations | 3,377 | - | 3,377 | ||||||||||
Discontinued operations, net of tax | (59 | ) | 59 | Discontinued operations, net | - | ||||||||
Net Income | $ | 3,318 | $ | 59 | $ | 3,377 | |||||||
Basic Earnings Per Common Share | |||||||||||||
Income from continuing operations | $ | 4.15 | |||||||||||
Discontinued operations, net | (0.07 | ) | |||||||||||
Net Income | $ | 4.08 | $ | 4.15 | |||||||||
Diluted Earnings Per Common Share | |||||||||||||
Income from continuing operations | $ | 4.14 | |||||||||||
Discontinued operations, net | (0.07 | ) | |||||||||||
Net Income | $ | 4.07 | $ | 4.14 |
5
Investor Relations Supplemental Schedules
OCCIDENTAL PETROLEUM | ||||||||||||||
Worldwide Effective Tax Rate | ||||||||||||||
QUARTERLY | YEAR-TO-DATE | |||||||||||||
2011 | 2011 | 2010 | 2011 | 2010 | ||||||||||
REPORTED INCOME | QTR 3 | QTR 2 | QTR 3 | 9 Months | 9 Months | |||||||||
Oil & Gas | 2,612 | 2,624 | 1,757 | 7,704 | 5,485 | |||||||||
Chemicals | 245 | 253 | 189 | 717 | 327 | |||||||||
Midstream, marketing and other | 77 | 187 | 163 | 378 | 270 | |||||||||
Corporate & other | (72 | ) | (134 | ) | (84 | ) | (548 | ) | (328 | ) | ||||
Pre-tax income | 2,862 | 2,930 | 2,025 | 8,251 | 5,754 | |||||||||
Income tax expense | ||||||||||||||
Federal and state | 433 | 557 | 322 | 1,360 | 958 | |||||||||
Foreign | 654 | 554 | 500 | 1,892 | 1,419 | |||||||||
Total | 1,087 | 1,111 | 822 | 3,252 | 2,377 | |||||||||
Income from continuing operations | 1,775 | 1,819 | 1,203 | 4,999 | 3,377 | |||||||||
Worldwide effective tax rate | 38% | 38% | 41% | 39% | 41% | |||||||||
2011 | 2011 | 2010 | 2011 | 2010 | ||||||||||
CORE RESULTS | QTR 3 | QTR 2 | QTR 3 | 9 Months | 9 Months | |||||||||
Oil & Gas | 2,612 | 2,624 | 1,757 | 7,746 | 5,485 | |||||||||
Chemicals | 245 | 253 | 189 | 717 | 327 | |||||||||
Midstream, marketing and other | 77 | 187 | 163 | 378 | 270 | |||||||||
Corporate & other | (72 | ) | (134 | ) | (84 | ) | (385 | ) | (328 | ) | ||||
Pre-tax income | 2,862 | 2,930 | 2,025 | 8,456 | 5,754 | |||||||||
Income tax expense | ||||||||||||||
Federal and state | 433 | 557 | 322 | 1,390 | 958 | |||||||||
Foreign | 654 | 554 | 500 | 1,879 | 1,419 | |||||||||
Total | 1,087 | 1,111 | 822 | 3,269 | 2,377 | |||||||||
Core results | 1,775 | 1,819 | 1,203 | 5,187 | 3,377 | |||||||||
Worldwide effective tax rate | 38% | 38% | 41% | 39% | 41% |
6
Investor Relations Supplemental Schedules
OCCIDENTAL PETROLEUM | ||||||||||||
2011 Third Quarter Net Income (Loss) | ||||||||||||
Reported Income Comparison | ||||||||||||
Third | Second | |||||||||||
Quarter | Quarter | |||||||||||
2011 | 2011 | B / (W) | ||||||||||
Oil & Gas | $ | 2,612 | $ | 2,624 | $ | (12 | ) | |||||
Chemical | 245 | 253 | (8 | ) | ||||||||
Midstream, marketing and other | 77 | 187 | (110 | ) | ||||||||
Corporate | ||||||||||||
Interest expense, net | (23 | ) | (22 | ) | (1 | ) | ||||||
Other | (49 | ) | (112 | ) | 63 | |||||||
Taxes | (1,087 | ) | (1,111 | ) | 24 | |||||||
Income from continuing operations | 1,775 | 1,819 | (44 | ) | ||||||||
Discontinued operations, net | (4 | ) | (2 | ) | (2 | ) | ||||||
Net Income | $ | 1,771 | $ | 1,817 | $ | (46 | ) | |||||
Earnings Per Common Share | ||||||||||||
Basic | $ | 2.17 | $ | 2.23 | $ | (0.06 | ) | |||||
Diluted | $ | 2.17 | $ | 2.23 | $ | (0.06 | ) | |||||
Worldwide Effective Tax Rate | 38% | 38% | 0% | |||||||||
OCCIDENTAL PETROLEUM | ||||||||||||
2011 Third Quarter Net Income (Loss) | ||||||||||||
Core Results Comparison | ||||||||||||
Third | Second | |||||||||||
Quarter | Quarter | |||||||||||
2011 | 2011 | B / (W) | ||||||||||
Oil & Gas | $ | 2,612 | $ | 2,624 | $ | (12 | ) | |||||
Chemical | 245 | 253 | (8 | ) | ||||||||
Midstream, marketing and other | 77 | 187 | (110 | ) | ||||||||
Corporate | ||||||||||||
Interest expense, net | (23 | ) | (22 | ) | (1 | ) | ||||||
Other | (49 | ) | (112 | ) | 63 | |||||||
Taxes | (1,087 | ) | (1,111 | ) | 24 | |||||||
Core Results | $ | 1,775 | $ | 1,819 | $ | (44 | ) | |||||
Core Results Per Common Share | ||||||||||||
Basic | $ | 2.18 | $ | 2.23 | $ | (0.05 | ) | |||||
Diluted | $ | 2.18 | $ | 2.23 | $ | (0.05 | ) | |||||
Worldwide Effective Tax Rate | 38% | 38% | 0% |
7
Investor Relations Supplemental Schedules
8
Investor Relations Supplemental Schedules
OCCIDENTAL PETROLEUM | ||||||||||||
2011 Third Quarter Net Income (Loss) | ||||||||||||
Reported Income Comparison | ||||||||||||
Third | Third | |||||||||||
Quarter | Quarter | |||||||||||
2011 | 2010 | B / (W) | ||||||||||
Oil & Gas | $ | 2,612 | $ | 1,757 | $ | 855 | ||||||
Chemical | 245 | 189 | 56 | |||||||||
Midstream, marketing and other | 77 | 163 | (86 | ) | ||||||||
Corporate | ||||||||||||
Interest expense, net | (23 | ) | (18 | ) | (5 | ) | ||||||
Other | (49 | ) | (66 | ) | 17 | |||||||
Taxes | (1,087 | ) | (822 | ) | (265 | ) | ||||||
Income from continuing operations | 1,775 | 1,203 | 572 | |||||||||
Discontinued operations, net | (4 | ) | (12 | ) | 8 | |||||||
Net Income | $ | 1,771 | $ | 1,191 | $ | 580 | ||||||
Earnings Per Common Share | ||||||||||||
Basic | $ | 2.17 | $ | 1.46 | $ | 0.71 | ||||||
Diluted | $ | 2.17 | $ | 1.46 | $ | 0.71 | ||||||
Worldwide Effective Tax Rate | 38% | 41% | 3% | |||||||||
OCCIDENTAL PETROLEUM | ||||||||||||
2011 Third Quarter Net Income (Loss) | ||||||||||||
Core Results Comparison | ||||||||||||
Third | Third | |||||||||||
Quarter | Quarter | |||||||||||
2011 | 2010 | B / (W) | ||||||||||
Oil & Gas | $ | 2,612 | $ | 1,757 | $ | 855 | ||||||
Chemical | 245 | 189 | 56 | |||||||||
Midstream, marketing and other | 77 | 163 | (86 | ) | ||||||||
Corporate | ||||||||||||
Interest expense, net | (23 | ) | (18 | ) | (5 | ) | ||||||
Other | (49 | ) | (66 | ) | 17 | |||||||
Taxes | (1,087 | ) | (822 | ) | (265 | ) | ||||||
Core Results | $ | 1,775 | $ | 1,203 | $ | 572 | ||||||
Core Results Per Common Share | ||||||||||||
Basic | $ | 2.18 | $ | 1.48 | $ | 0.70 | ||||||
Diluted | $ | 2.18 | $ | 1.48 | $ | 0.70 | ||||||
Worldwide Effective Tax Rate | 38% | 41% | 3% |
9
Investor Relations Supplemental Schedules
10
Investor Relations Supplemental Schedules
OCCIDENTAL PETROLEUM | ||||||||||||||
SUMMARY OF OPERATING STATISTICS | ||||||||||||||
Third Quarter | Nine Months | |||||||||||||
2011 | 2010 | 2011 | 2010 | |||||||||||
NET PRODUCTION PER DAY: | ||||||||||||||
United States | ||||||||||||||
Crude Oil (MBBL) | ||||||||||||||
California | 80 | 75 | 78 | 75 | ||||||||||
Permian | 133 | 134 | 132 | 136 | ||||||||||
Midcontinent and other | 17 | 7 | 16 | 7 | ||||||||||
Total | 230 | 216 | 226 | 218 | ||||||||||
NGL (MBBL) | ||||||||||||||
California | 16 | 17 | 15 | 17 | ||||||||||
Permian | 37 | 30 | 38 | 28 | ||||||||||
Midcontinent and other | 20 | 7 | 14 | 7 | ||||||||||
Total | 73 | 54 | 67 | 52 | ||||||||||
Natural Gas (MMCF) | ||||||||||||||
California | 269 | 276 | 254 | 288 | ||||||||||
Permian | 151 | 186 | 153 | 194 | ||||||||||
Midcontinent and other | 379 | 194 | 357 | 189 | ||||||||||
Total | 799 | 656 | 764 | 671 | ||||||||||
Latin America | ||||||||||||||
Crude Oil (MBBL) | Colombia | 27 | 33 | 29 | 33 | |||||||||
Natural Gas (MMCF) | Bolivia | 15 | 19 | 16 | 15 | |||||||||
Middle East / North Africa | ||||||||||||||
Crude Oil (MBBL) | ||||||||||||||
Bahrain | 4 | 3 | 4 | 3 | ||||||||||
Dolphin | 10 | 12 | 10 | 12 | ||||||||||
Iraq | 4 | - | 6 | - | ||||||||||
Libya | - | 11 | 5 | 13 | ||||||||||
Oman | 69 | 63 | 68 | 60 | ||||||||||
Qatar | 73 | 78 | 72 | 77 | ||||||||||
Yemen | 28 | 30 | 28 | 32 | ||||||||||
Total | 188 | 197 | 193 | 197 | ||||||||||
NGL (MBBL) | ||||||||||||||
Dolphin | 11 | 13 | 11 | 12 | ||||||||||
Libya | - | 1 | - | 1 | ||||||||||
Total | 11 | 14 | 11 | 13 | ||||||||||
Natural Gas (MMCF) | ||||||||||||||
Bahrain | 169 | 181 | 171 | 169 | ||||||||||
Dolphin | 215 | 250 | 205 | 238 | ||||||||||
Oman | 59 | 47 | 53 | 49 | ||||||||||
Total | 443 | 478 | 429 | 456 | ||||||||||
Barrels of Oil Equivalent (MBOE) | 739 | 706 | 728 | 703 |
11
Investor Relations Supplemental Schedules
OCCIDENTAL PETROLEUM | ||||||||||||||
SUMMARY OF OPERATING STATISTICS | ||||||||||||||
Third Quarter | Nine Months | |||||||||||||
2011 | 2010 | 2011 | 2010 | |||||||||||
NET SALES VOLUMES PER DAY: | ||||||||||||||
United States | ||||||||||||||
Crude Oil (MBBL) | 230 | 216 | 226 | 218 | ||||||||||
NGL (MBBL) | 73 | 54 | 67 | 52 | ||||||||||
Natural Gas (MMCF) | 799 | 656 | 764 | 671 | ||||||||||
Latin America | ||||||||||||||
Crude Oil (MBBL) | 24 | 36 | 29 | 32 | ||||||||||
Natural Gas (MMCF) | 15 | 19 | 16 | 15 | ||||||||||
Middle East / North Africa | ||||||||||||||
Crude Oil (MBBL) | ||||||||||||||
Bahrain | 4 | 3 | 4 | 3 | ||||||||||
Dolphin | 9 | 12 | 9 | 11 | ||||||||||
Iraq | 7 | - | 2 | - | ||||||||||
Libya | - | 12 | 5 | 12 | ||||||||||
Oman | 71 | 66 | 70 | 60 | ||||||||||
Qatar | 76 | 79 | 73 | 77 | ||||||||||
Yemen | 28 | 30 | 28 | 32 | ||||||||||
Total | 195 | 202 | 191 | 195 | ||||||||||
NGL (MBBL) | Dolphin | 11 | 13 | 11 | 13 | |||||||||
Libya | - | - | - | 1 | ||||||||||
Total | 11 | 13 | 11 | 14 | ||||||||||
Natural Gas (MMCF) | 443 | 478 | 429 | 456 | ||||||||||
Barrels of Oil Equivalent (MBOE) | 743 | 713 | 726 | 701 |
12
Investor Relations Supplemental Schedules
OCCIDENTAL PETROLEUM | |||||||||||||||||
SUMMARY OF OPERATING STATISTICS | |||||||||||||||||
Third Quarter | Nine Months | ||||||||||||||||
2011 | 2010 | 2011 | 2010 | ||||||||||||||
OIL & GAS: | |||||||||||||||||
PRICES | |||||||||||||||||
United States | |||||||||||||||||
Crude Oil ($/BBL) | 89.78 | 71.14 | 92.19 | 71.96 | |||||||||||||
NGL ($/BBL) | 59.73 | 43.67 | 59.18 | 47.80 | |||||||||||||
Natural gas ($/MCF) | 4.23 | 4.20 | 4.24 | 4.67 | |||||||||||||
Latin America | |||||||||||||||||
Crude Oil ($/BBL) | 91.01 | 71.82 | 95.85 | 73.52 | |||||||||||||
Natural Gas ($/MCF) | 11.21 | 7.71 | 9.64 | 7.72 | |||||||||||||
Middle East / North Africa | |||||||||||||||||
Crude Oil ($/BBL) | 106.97 | 73.66 | 103.74 | 75.39 | |||||||||||||
NGL ($/BBL) | 31.60 | 23.24 | 32.98 | 27.51 | |||||||||||||
Total Worldwide | |||||||||||||||||
Crude Oil ($/BBL) | 97.24 | 72.31 | 97.33 | 73.58 | |||||||||||||
NGL ($/BBL) | 56.06 | 39.70 | 55.63 | 43.66 | |||||||||||||
Natural Gas ($/MCF) | 3.12 | 2.85 | 3.09 | 3.17 | |||||||||||||
Third Quarter | Nine Months | ||||||||||||||||
2011 | 2010 | 2011 | 2010 | ||||||||||||||
Exploration Expense | |||||||||||||||||
United States | $ | 36 | $ | 63 | $ | 135 | $ | 135 | |||||||||
Latin America | 1 | - | 1 | 1 | |||||||||||||
Middle East / North Africa | 2 | 20 | 49 | 72 | |||||||||||||
TOTAL REPORTED | $ | 39 | $ | 83 | $ | 185 | $ | 208 | |||||||||
Less - non-core impairments | - | - | (35 | ) | - | ||||||||||||
TOTAL CORE | $ | 39 | $ | 83 | $ | 150 | $ | 208 |
13
Investor Relations Supplemental Schedules
OCCIDENTAL PETROLEUM | ||||||||||||||||
SUMMARY OF OPERATING STATISTICS | ||||||||||||||||
Third Quarter | Nine Months | |||||||||||||||
Capital Expenditures ($MM) | 2011 | 2010 | 2011 | 2010 | ||||||||||||
Oil & Gas | ||||||||||||||||
California | $ | 481 | $ | 215 | $ | 1,202 | $ | 544 | ||||||||
Permian | 308 | 136 | 761 | 290 | ||||||||||||
Midcontinent and other | 311 | 52 | 725 | 138 | ||||||||||||
Latin America | 52 | 40 | 139 | 107 | ||||||||||||
Middle East / North Africa | 338 | 340 | 993 | 855 | ||||||||||||
Exploration | 115 | 46 | 291 | 130 | ||||||||||||
Chemicals | 59 | 50 | 118 | 129 | ||||||||||||
Midstream, marketing and other | 331 | 128 | 701 | 357 | ||||||||||||
Corporate | 16 | 13 | 39 | 30 | ||||||||||||
TOTAL | $ | 2,011 | $ | 1,020 | $ | 4,969 | $ | 2,580 | ||||||||
Depreciation, Depletion & | Third Quarter | Nine Months | ||||||||||||||
Amortization of Assets ($MM) | 2011 | 2010 | 2011 | 2010 | ||||||||||||
Oil & Gas | ||||||||||||||||
Domestic | $ | 448 | $ | 346 | $ | 1,265 | $ | 1,046 | ||||||||
Latin America | 18 | 33 | 67 | 91 | ||||||||||||
Middle East / North Africa | 324 | 294 | 920 | 853 | ||||||||||||
Chemicals | 82 | 81 | 249 | 242 | ||||||||||||
Midstream, marketing and other | 45 | 32 | 134 | 105 | ||||||||||||
Corporate | 7 | 6 | 18 | 16 | ||||||||||||
TOTAL | $ | 924 | $ | 792 | $ | 2,653 | $ | 2,353 |
14
Investor Relations Supplemental Schedules
OCCIDENTAL PETROLEUM | ||||||||||||
CORPORATE | ||||||||||||
($ millions) | ||||||||||||
30-Sep-11 | 31-Dec-10 | |||||||||||
CAPITALIZATION | ||||||||||||
Long-Term Debt (including short-term borrowings) | $ | 5,870 | $ | 5,111 | ||||||||
EQUITY | $ | 36,479 | $ | 32,484 | ||||||||
Total Debt To Total Capitalization | 14% | 14% |
15