EXHIBIT 99.3
Investor Relations Supplemental Schedules
Investor Relations Supplemental Schedules | |||
Summary | |||
($ Millions) | |||
4Q 2011 | 4Q 2010 | ||
Core Results | $1,641 | $1,287 | |
EPS - Diluted | $2.02 | $1.58 | |
Reported Net Income | $1,634 | $1,212 | |
EPS - Diluted | $2.01 | $1.49 | |
Total Worldwide Sales Volumes (mboe/day) | 749 | 699 | |
Total Worldwide Production Volumes (mboe/day) | 748 | 714 | |
Total Worldwide Crude Oil Realizations ($/BBL) | $99.62 | $79.96 | |
Total Worldwide NGL Realizations ($/BBL) | $55.25 | $49.17 | |
Domestic Natural Gas Realizations ($/MCF) | $3.59 | $4.13 | |
Wtd. Average Basic Shares O/S (mm) | 810.7 | 812.6 | |
Wtd. Average Diluted Shares O/S (mm) | 811.5 | 813.7 | |
YTD 2011 | YTD 2010 | ||
Core Results | $6,828 | $4,664 | |
EPS - Diluted | $8.39 | $5.72 | |
Reported Net Income | $6,771 | $4,530 | |
EPS - Diluted | $8.32 | $5.56 | |
Total Worldwide Sales Volumes (mboe/day) | 731 | 701 | |
Total Worldwide Production Volumes (mboe/day) | 733 | 706 | |
Total Worldwide Crude Oil Realizations ($/BBL) | $97.92 | $75.16 | |
Total Worldwide NGL Realizations ($/BBL) | $55.53 | $45.08 | |
Domestic Natural Gas Realizations ($/MCF) | $4.06 | $4.53 | |
Wtd. Average Basic Shares O/S (mm) | 812.1 | 812.5 | |
Wtd. Average Diluted Shares O/S (mm) | 812.9 | 813.8 | |
Shares Outstanding (mm) | 811.0 | 812.8 | |
Cash Flow from Operations | $ 12,300 | $ 9,600 |
1
Investor Relations Supplemental Schedules
OCCIDENTAL PETROLEUM | |||||||||||||
2011 Fourth Quarter | |||||||||||||
Net Income (Loss) | |||||||||||||
($ millions) | |||||||||||||
Reported | Core | ||||||||||||
Income | Significant Items Affecting Income | Results | |||||||||||
Oil & Gas | $ | 2,537 | $ | 2,537 | |||||||||
Chemical | 144 | 144 | |||||||||||
Midstream, marketing and other | 70 | 70 | |||||||||||
Corporate | |||||||||||||
Interest expense, net | (25 | ) | (25 | ) | |||||||||
Other | (136 | ) | (136 | ) | |||||||||
Taxes | (949 | ) | (949 | ) | |||||||||
Income from continuing operations | 1,641 | - | 1,641 | ||||||||||
Discontinued operations, net of tax | (7 | ) | 7 | Discontinued operations, net | - | ||||||||
Net Income | $ | 1,634 | $ | 7 | $ | 1,641 | |||||||
Basic Earnings Per Common Share | |||||||||||||
Income from continuing operations | $ | 2.02 | |||||||||||
Discontinued operations, net | (0.01 | ) | |||||||||||
Net Income | $ | 2.01 | $ | 2.02 | |||||||||
Diluted Earnings Per Common Share | |||||||||||||
Income from continuing operations | $ | 2.02 | |||||||||||
Discontinued operations, net | (0.01 | ) | |||||||||||
Net Income | $ | 2.01 | $ | 2.02 |
2
Investor Relations Supplemental Schedules
OCCIDENTAL PETROLEUM | |||||||||||||
2010 Fourth Quarter | |||||||||||||
Net Income (Loss) | |||||||||||||
($ millions) | |||||||||||||
Reported | Core | ||||||||||||
Income | Significant Items Affecting Income | Results | |||||||||||
Oil & Gas | $ | 1,666 | $ | 275 | Asset impairments | $ | 1,941 | ||||||
Chemical | 111 | 111 | |||||||||||
Midstream, marketing and other | 202 | 202 | |||||||||||
Corporate | |||||||||||||
Interest expense, net | (20 | ) | (20 | ) | |||||||||
Other | (149 | ) | (149 | ) | |||||||||
Taxes | (618 | ) | (100 | ) | Tax effect of adjustments | (798 | ) | ||||||
(80 | ) | Benefit from foreign tax credit | |||||||||||
carry-forwards | |||||||||||||
Income from continuing operations | 1,192 | 95 | 1,287 | ||||||||||
Discontinued operations, net of tax | 20 | (20 | ) | Discontinued operations, net | - | ||||||||
Net Income | $ | 1,212 | $ | 75 | $ | 1,287 | |||||||
Basic Earnings Per Common Share | |||||||||||||
Income from continuing operations | $ | 1.47 | |||||||||||
Discontinued operations, net | 0.02 | ||||||||||||
Net Income | $ | 1.49 | $ | 1.58 | |||||||||
Diluted Earnings Per Common Share | |||||||||||||
Income from continuing operations | $ | 1.47 | |||||||||||
Discontinued operations, net | 0.02 | ||||||||||||
Net Income | $ | 1.49 | $ | 1.58 |
3
Investor Relations Supplemental Schedules
OCCIDENTAL PETROLEUM | |||||||||||||
2011 Twelve Months | |||||||||||||
Net Income (Loss) | |||||||||||||
($ millions) | |||||||||||||
Reported | Core | ||||||||||||
Income | Significant Items Affecting Income | Results | |||||||||||
Oil & Gas | $ | 10,241 | $ | 35 | Libya exploration write-off | $ | 10,283 | ||||||
(22 | ) | Gain on sale of Colombia pipeline interest | |||||||||||
29 | Foreign tax | ||||||||||||
Chemical | 861 | 861 | |||||||||||
Midstream, marketing and other | 448 | 448 | |||||||||||
Corporate | |||||||||||||
Interest expense, net | (284 | ) | 163 | Premium on debt extinguishments | (121 | ) | |||||||
Other | (425 | ) | (425 | ) | |||||||||
Taxes | (4,201 | ) | (50 | ) | Tax effect of adjustments | (4,218 | ) | ||||||
33 | State income tax charge | ||||||||||||
Income from continuing operations | 6,640 | 188 | 6,828 | ||||||||||
Discontinued operations, net of tax | 131 | (131 | ) | Discontinued operations, net | - | ||||||||
Net Income | $ | 6,771 | $ | 57 | $ | 6,828 | |||||||
Basic Earnings Per Common Share | |||||||||||||
Income from continuing operations | $ | 8.16 | |||||||||||
Discontinued operations, net | 0.16 | ||||||||||||
Net Income | $ | 8.32 | $ | 8.39 | |||||||||
Diluted Earnings Per Common Share | |||||||||||||
Income from continuing operations | $ | 8.16 | |||||||||||
Discontinued operations, net | 0.16 | ||||||||||||
Net Income | $ | 8.32 | $ | 8.39 |
4
Investor Relations Supplemental Schedules
OCCIDENTAL PETROLEUM | |||||||||||||
2010 Twelve Months | |||||||||||||
Net Income (Loss) | |||||||||||||
($ millions) | |||||||||||||
Reported | Core | ||||||||||||
Income | Significant Items Affecting Income | Results | |||||||||||
Oil & Gas | $ | 7,151 | $ | 275 | Asset impairments | $ | 7,426 | ||||||
Chemical | 438 | 438 | |||||||||||
Midstream, marketing and other | 472 | 472 | |||||||||||
Corporate | |||||||||||||
Interest expense, net | (93 | ) | (93 | ) | |||||||||
Other | (404 | ) | (404 | ) | |||||||||
Taxes | (2,995 | ) | (100 | ) | Tax effect of adjustments | (3,175 | ) | ||||||
(80 | ) | Benefit from foreign tax credit | |||||||||||
carry-forwards | |||||||||||||
Income from continuing operations | 4,569 | 95 | 4,664 | ||||||||||
Discontinued operations, net of tax | (39 | ) | 39 | Discontinued operations, net | - | ||||||||
Net Income | $ | 4,530 | $ | 134 | $ | 4,664 | |||||||
Basic Earnings Per Common Share | |||||||||||||
Income from continuing operations | $ | 5.62 | |||||||||||
Discontinued operations, net | (0.05 | ) | |||||||||||
Net Income | $ | 5.57 | $ | 5.73 | |||||||||
Diluted Earnings Per Common Share | |||||||||||||
Income from continuing operations | $ | 5.61 | |||||||||||
Discontinued operations, net | (0.05 | ) | |||||||||||
Net Income | $ | 5.56 | $ | 5.72 |
5
Investor Relations Supplemental Schedules
OCCIDENTAL PETROLEUM | ||||||||||||||
Worldwide Effective Tax Rate | ||||||||||||||
QUARTERLY | YEAR-TO-DATE | |||||||||||||
2011 | 2011 | 2010 | 2011 | 2010 | ||||||||||
REPORTED INCOME | QTR 4 | QTR 3 | QTR 4 | 12 Months | 12 Months | |||||||||
Oil & Gas | 2,537 | 2,612 | 1,666 | 10,241 | 7,151 | |||||||||
Chemicals | 144 | 245 | 111 | 861 | 438 | |||||||||
Midstream, marketing and other | 70 | 77 | 202 | 448 | 472 | |||||||||
Corporate & other | (161 | ) | (72 | ) | (169 | ) | (709 | ) | (497 | ) | ||||
Pre-tax income | 2,590 | 2,862 | 1,810 | 10,841 | 7,564 | |||||||||
Income tax expense | ||||||||||||||
Federal and state | 435 | 433 | 129 | 1,795 | 1,087 | |||||||||
Foreign | 514 | 654 | 489 | 2,406 | 1,908 | |||||||||
Total | 949 | 1,087 | 618 | 4,201 | 2,995 | |||||||||
Income from continuing operations | 1,641 | 1,775 | 1,192 | 6,640 | 4,569 | |||||||||
Worldwide effective tax rate | 37% | 38% | 34% | 39% | 40% | |||||||||
2011 | 2011 | 2010 | 2011 | 2010 | ||||||||||
CORE RESULTS | QTR 4 | QTR 3 | QTR 4 | 12 Months | 12 Months | |||||||||
Oil & Gas | 2,537 | 2,612 | 1,941 | 10,283 | 7,426 | |||||||||
Chemicals | 144 | 245 | 111 | 861 | 438 | |||||||||
Midstream, marketing and other | 70 | 77 | 202 | 448 | 472 | |||||||||
Corporate & other | (161 | ) | (72 | ) | (169 | ) | (546 | ) | (497 | ) | ||||
Pre-tax income | 2,590 | 2,862 | 2,085 | 11,046 | 7,839 | |||||||||
Income tax expense | ||||||||||||||
Federal and state | 435 | 433 | 309 | 1,825 | 1,267 | |||||||||
Foreign | 514 | 654 | 489 | 2,393 | 1,908 | |||||||||
Total | 949 | 1,087 | 798 | 4,218 | 3,175 | |||||||||
Core results | 1,641 | 1,775 | 1,287 | 6,828 | 4,664 | |||||||||
Worldwide effective tax rate | 37% | 38% | 38% | 38% | 41% |
6
Investor Relations Supplemental Schedules
OCCIDENTAL PETROLEUM | ||||||||||||
2011 Fourth Quarter Net Income (Loss) | ||||||||||||
Reported Income Comparison | ||||||||||||
Fourth | Third | |||||||||||
Quarter | Quarter | |||||||||||
2011 | 2011 | B / (W) | ||||||||||
Oil & Gas | $ | 2,537 | $ | 2,612 | $ | (75 | ) | |||||
Chemical | 144 | 245 | (101 | ) | ||||||||
Midstream, marketing and other | 70 | 77 | (7 | ) | ||||||||
Corporate | ||||||||||||
Interest expense, net | (25 | ) | (23 | ) | (2 | ) | ||||||
Other | (136 | ) | (49 | ) | (87 | ) | ||||||
Taxes | (949 | ) | (1,087 | ) | 138 | |||||||
Income from continuing operations | 1,641 | 1,775 | (134 | ) | ||||||||
Discontinued operations, net | (7 | ) | (4 | ) | (3 | ) | ||||||
Net Income | $ | 1,634 | $ | 1,771 | $ | (137 | ) | |||||
Earnings Per Common Share | ||||||||||||
Basic | $ | 2.01 | $ | 2.17 | $ | (0.16 | ) | |||||
Diluted | $ | 2.01 | $ | 2.17 | $ | (0.16 | ) | |||||
Worldwide Effective Tax Rate | 37% | 38% | 1% | |||||||||
OCCIDENTAL PETROLEUM | ||||||||||||
2011 Fourth Quarter Net Income (Loss) | ||||||||||||
Core Results Comparison | ||||||||||||
Fourth | Third | |||||||||||
Quarter | Quarter | |||||||||||
2011 | 2011 | B / (W) | ||||||||||
Oil & Gas | $ | 2,537 | $ | 2,612 | $ | (75 | ) | |||||
Chemical | 144 | 245 | (101 | ) | ||||||||
Midstream, marketing and other | 70 | 77 | (7 | ) | ||||||||
Corporate | ||||||||||||
Interest expense, net | (25 | ) | (23 | ) | (2 | ) | ||||||
Other | (136 | ) | (49 | ) | (87 | ) | ||||||
Taxes | (949 | ) | (1,087 | ) | 138 | |||||||
Core Results | $ | 1,641 | $ | 1,775 | $ | (134 | ) | |||||
Core Results Per Common Share | ||||||||||||
Basic | $ | 2.02 | $ | 2.18 | $ | (0.16 | ) | |||||
Diluted | $ | 2.02 | $ | 2.18 | $ | (0.16 | ) | |||||
Worldwide Effective Tax Rate | 37% | 38% | 1% |
7
Investor Relations Supplemental Schedules
8
Investor Relations Supplemental Schedules
OCCIDENTAL PETROLEUM | ||||||||||||
2011 Fourth Quarter Net Income (Loss) | ||||||||||||
Reported Income Comparison | ||||||||||||
Fourth | Fourth | |||||||||||
Quarter | Quarter | |||||||||||
2011 | 2010 | B / (W) | ||||||||||
Oil & Gas | $ | 2,537 | $ | 1,666 | $ | 871 | ||||||
Chemical | 144 | 111 | 33 | |||||||||
Midstream, marketing and other | 70 | 202 | (132 | ) | ||||||||
Corporate | ||||||||||||
Interest expense, net | (25 | ) | (20 | ) | (5 | ) | ||||||
Other | (136 | ) | (149 | ) | 13 | |||||||
Taxes | (949 | ) | (618 | ) | (331 | ) | ||||||
Income from continuing operations | 1,641 | 1,192 | 449 | |||||||||
Discontinued operations, net | (7 | ) | 20 | (27 | ) | |||||||
Net Income | $ | 1,634 | $ | 1,212 | $ | 422 | ||||||
Earnings Per Common Share | ||||||||||||
Basic | $ | 2.01 | $ | 1.49 | $ | 0.52 | ||||||
Diluted | $ | 2.01 | $ | 1.49 | $ | 0.52 | ||||||
Worldwide Effective Tax Rate | 37% | 34% | -3% | |||||||||
OCCIDENTAL PETROLEUM | ||||||||||||
2011 Fourth Quarter Net Income (Loss) | ||||||||||||
Core Results Comparison | ||||||||||||
Fourth | Fourth | |||||||||||
Quarter | Quarter | |||||||||||
2011 | 2010 | B / (W) | ||||||||||
Oil & Gas | $ | 2,537 | $ | 1,941 | $ | 596 | ||||||
Chemical | 144 | 111 | 33 | |||||||||
Midstream, marketing and other | 70 | 202 | (132 | ) | ||||||||
Corporate | ||||||||||||
Interest expense, net | (25 | ) | (20 | ) | (5 | ) | ||||||
Other | (136 | ) | (149 | ) | 13 | |||||||
Taxes | (949 | ) | (798 | ) | (151 | ) | ||||||
Core Results | $ | 1,641 | $ | 1,287 | $ | 354 | ||||||
Core Results Per Common Share | ||||||||||||
Basic | $ | 2.02 | $ | 1.58 | $ | 0.44 | ||||||
Diluted | $ | 2.02 | $ | 1.58 | $ | 0.44 | ||||||
Worldwide Effective Tax Rate | 37% | 38% | 1% |
9
Investor Relations Supplemental Schedules
10
Investor Relations Supplemental Schedules
OCCIDENTAL PETROLEUM | ||||||||||||||
SUMMARY OF OPERATING STATISTICS | ||||||||||||||
Fourth Quarter | Twelve Months | |||||||||||||
2011 | 2010 | 2011 | 2010 | |||||||||||
NET PRODUCTION PER DAY: | ||||||||||||||
United States | ||||||||||||||
Crude Oil (MBBL) | ||||||||||||||
California | 84 | 75 | 80 | 76 | ||||||||||
Permian | 137 | 135 | 134 | 136 | ||||||||||
Midcontinent and other | 19 | 9 | 16 | 7 | ||||||||||
Total | 240 | 219 | 230 | 219 | ||||||||||
NGL (MBBL) | ||||||||||||||
California | 15 | 15 | 15 | 16 | ||||||||||
Permian | 37 | 31 | 38 | 29 | ||||||||||
Midcontinent and other | 18 | 7 | 16 | 7 | ||||||||||
Total | 70 | 53 | 69 | 52 | ||||||||||
Natural Gas (MMCF) | ||||||||||||||
California | 276 | 259 | 260 | 280 | ||||||||||
Permian | 167 | 215 | 157 | 199 | ||||||||||
Midcontinent and other | 390 | 225 | 365 | 198 | ||||||||||
Total | 833 | 699 | 782 | 677 | ||||||||||
Latin America | ||||||||||||||
Crude Oil (MBBL) | Colombia | 28 | 30 | 29 | 32 | |||||||||
Natural Gas (MMCF) | Bolivia | 14 | 18 | 15 | 16 | |||||||||
Middle East / North Africa | ||||||||||||||
Crude Oil (MBBL) | ||||||||||||||
Bahrain | 5 | 3 | 4 | 3 | ||||||||||
Dolphin | 9 | 11 | 9 | 11 | ||||||||||
Iraq | 9 | 11 | 7 | 3 | ||||||||||
Libya | 1 | 11 | 4 | 12 | ||||||||||
Oman | 67 | 67 | 67 | 62 | ||||||||||
Qatar | 76 | 75 | 73 | 76 | ||||||||||
Yemen | 23 | 27 | 27 | 31 | ||||||||||
Total | 190 | 205 | 191 | 198 | ||||||||||
NGL (MBBL) | ||||||||||||||
Dolphin | 9 | 12 | 10 | 13 | ||||||||||
Libya | - | 1 | - | 1 | ||||||||||
Total | 9 | 13 | 10 | 14 | ||||||||||
Natural Gas (MMCF) | ||||||||||||||
Bahrain | 180 | 170 | 173 | 169 | ||||||||||
Dolphin | 181 | 232 | 199 | 236 | ||||||||||
Oman | 58 | 47 | 54 | 48 | ||||||||||
Total | 419 | 449 | 426 | 453 | ||||||||||
Barrels of Oil Equivalent (MBOE) | 748 | 714 | 733 | 706 |
11
Investor Relations Supplemental Schedules
OCCIDENTAL PETROLEUM | ||||||||||||||
SUMMARY OF OPERATING STATISTICS | ||||||||||||||
Fourth Quarter | Twelve Months | |||||||||||||
2011 | 2010 | 2011 | 2010 | |||||||||||
NET SALES VOLUMES PER DAY: | ||||||||||||||
United States | ||||||||||||||
Crude Oil (MBBL) | 240 | 219 | 230 | 219 | ||||||||||
NGL (MBBL) | 70 | 53 | 69 | 52 | ||||||||||
Natural Gas (MMCF) | 833 | 699 | 782 | 677 | ||||||||||
Latin America | ||||||||||||||
Crude Oil (MBBL) | 32 | 31 | 29 | 32 | ||||||||||
Natural Gas (MMCF) | 14 | 18 | 15 | 16 | ||||||||||
Middle East / North Africa | ||||||||||||||
Crude Oil (MBBL) | ||||||||||||||
Bahrain | 5 | 3 | 4 | 3 | ||||||||||
Dolphin | 9 | 11 | 9 | 12 | ||||||||||
Iraq | 6 | - | 3 | - | ||||||||||
Libya | 1 | 9 | 4 | 12 | ||||||||||
Oman | 66 | 63 | 69 | 61 | ||||||||||
Qatar | 75 | 74 | 73 | 76 | ||||||||||
Yemen | 24 | 27 | 27 | 30 | ||||||||||
Total | 186 | 187 | 189 | 194 | ||||||||||
NGL (MBBL) | Dolphin | 10 | 12 | 10 | 12 | |||||||||
Libya | - | 3 | - | 1 | ||||||||||
Total | 10 | 15 | 10 | 13 | ||||||||||
Natural Gas (MMCF) | 419 | 449 | 426 | 453 | ||||||||||
Barrels of Oil Equivalent (MBOE) | 749 | 699 | 731 | 701 |
12
Investor Relations Supplemental Schedules
OCCIDENTAL PETROLEUM | |||||||||||||||||
SUMMARY OF OPERATING STATISTICS | |||||||||||||||||
Fourth Quarter | Twelve Months | ||||||||||||||||
2011 | 2010 | 2011 | 2010 | ||||||||||||||
OIL & GAS: | |||||||||||||||||
PRICES | |||||||||||||||||
United States | |||||||||||||||||
Crude Oil ($/BBL) | 94.50 | 79.20 | 92.80 | 73.79 | |||||||||||||
NGL ($/BBL) | 58.85 | 51.97 | 59.10 | 48.86 | |||||||||||||
Natural gas ($/MCF) | 3.59 | 4.13 | 4.06 | 4.53 | |||||||||||||
Latin America | |||||||||||||||||
Crude Oil ($/BBL) | 100.66 | 81.05 | 97.16 | 75.29 | |||||||||||||
Natural Gas ($/MCF) | 11.63 | 7.76 | 10.11 | 7.73 | |||||||||||||
Middle East / North Africa | |||||||||||||||||
Crude Oil ($/BBL) | 106.20 | 80.65 | 104.34 | 76.67 | |||||||||||||
NGL ($/BBL) | 29.17 | 39.13 | 32.09 | 30.64 | |||||||||||||
Total Worldwide | |||||||||||||||||
Crude Oil ($/BBL) | 99.62 | 79.96 | 97.92 | 75.16 | |||||||||||||
NGL ($/BBL) | 55.25 | 49.17 | 55.53 | 45.08 | |||||||||||||
Natural Gas ($/MCF) | 2.76 | 2.91 | 3.01 | 3.11 | |||||||||||||
Fourth Quarter | Twelve Months | ||||||||||||||||
2011 | 2010 | 2011 | 2010 | ||||||||||||||
Exploration Expense | |||||||||||||||||
United States | $ | 71 | $ | 27 | $ | 204 | $ | 162 | |||||||||
Latin America | - | 6 | 1 | 7 | |||||||||||||
Middle East / North Africa | 2 | 21 | 53 | 93 | |||||||||||||
TOTAL REPORTED | $ | 73 | $ | 54 | $ | 258 | $ | 262 | |||||||||
Less - non-core impairments | - | - | (35 | ) | - | ||||||||||||
TOTAL CORE | $ | 73 | $ | 54 | $ | 223 | $ | 262 |
13
Investor Relations Supplemental Schedules
OCCIDENTAL PETROLEUM | ||||||||||||||||
SUMMARY OF OPERATING STATISTICS | ||||||||||||||||
Fourth Quarter | Twelve Months | |||||||||||||||
Capital Expenditures ($MM) | 2011 | 2010 | 2011 | 2010 | ||||||||||||
Oil & Gas | ||||||||||||||||
California | $ | 515 | $ | 297 | $ | 1,717 | $ | 841 | ||||||||
Permian | 385 | 212 | 1,146 | 502 | ||||||||||||
Midcontinent and other | 433 | 131 | 1,158 | 269 | ||||||||||||
Latin America | 79 | 56 | 218 | 163 | ||||||||||||
Middle East / North Africa | 492 | 342 | 1,485 | 1,197 | ||||||||||||
Exploration | 130 | 64 | 421 | 194 | ||||||||||||
Chemicals | 116 | 108 | 234 | 237 | ||||||||||||
Midstream, marketing and other | 388 | 144 | 1,089 | 501 | ||||||||||||
Corporate | 11 | 6 | 50 | 36 | ||||||||||||
TOTAL | $ | 2,549 | $ | 1,360 | $ | 7,518 | $ | 3,940 | ||||||||
Depreciation, Depletion & | Fourth Quarter | Twelve Months | ||||||||||||||
Amortization of Assets ($MM) | 2011 | 2010 | 2011 | 2010 | ||||||||||||
Oil & Gas | ||||||||||||||||
Domestic | $ | 489 | $ | 366 | $ | 1,754 | $ | 1,412 | ||||||||
Latin America | 23 | 31 | 90 | 122 | ||||||||||||
Middle East / North Africa | 300 | 281 | 1,220 | 1,134 | ||||||||||||
Chemicals | 81 | 79 | 330 | 321 | ||||||||||||
Midstream, marketing and other | 39 | 37 | 173 | 142 | ||||||||||||
Corporate | 6 | 6 | 24 | 22 | ||||||||||||
TOTAL | $ | 938 | $ | 800 | $ | 3,591 | $ | 3,153 |
14
Investor Relations Supplemental Schedules
OCCIDENTAL PETROLEUM | ||||||||||||
CORPORATE | ||||||||||||
($ millions) | ||||||||||||
31-Dec-11 | 31-Dec-10 | |||||||||||
CAPITALIZATION | ||||||||||||
Long-Term Debt (including short-term borrowings) | $ | 5,871 | $ | 5,111 | ||||||||
EQUITY | $ | 37,620 | $ | 32,484 | ||||||||
Total Debt To Total Capitalization | 13% | 14% |
15