EXHIBIT 99.3
Investor Relations Supplemental Schedules
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Investor Relations Supplemental Schedules | |||
Summary | |||
4Q 2013 | 4Q 2012 | ||
Core Results (millions) | $1,379 | $1,479 | |
EPS - Diluted | $1.72 | $1.83 | |
Reported Net Income (millions) | $1,643 | $336 | |
EPS - Diluted | $2.04 | $0.42 | |
Total Worldwide Sales Volumes (mboe/day) | 772 | 784 | |
Total Worldwide Production Volumes (mboe/day) | 750 | 779 | |
Total Worldwide Crude Oil Realizations ($/BBL) | $99.27 | $96.19 | |
Total Worldwide NGL Realizations ($/BBL) | $44.69 | $45.08 | |
Domestic Natural Gas Realizations ($/MCF) | $3.33 | $3.09 | |
Wtd. Average Basic Shares O/S (millions) | 801.7 | 807.1 | |
Wtd. Average Diluted Shares O/S (millions) | 802.1 | 807.7 | |
YTD 2013 | YTD 2012 | ||
Core Results (millions) | $5,602 | $5,750 | |
EPS - Diluted | $6.95 | $7.09 | |
Reported Net Income (millions) | $5,903 | $4,598 | |
EPS - Diluted | $7.32 | $5.67 | |
Total Worldwide Sales Volumes (mboe/day) | 762 | 764 | |
Total Worldwide Production Volumes (mboe/day) | 763 | 766 | |
Total Worldwide Crude Oil Realizations ($/BBL) | $99.84 | $99.87 | |
Total Worldwide NGL Realizations ($/BBL) | $41.03 | $45.18 | |
Domestic Natural Gas Realizations ($/MCF) | $3.37 | $2.62 | |
Wtd. Average Basic Shares O/S (millions) | 804.1 | 809.3 | |
Wtd. Average Diluted Shares O/S (millions) | 804.6 | 810.0 | |
Shares Outstanding (millions) | 796.0 | 805.5 | |
Cash Flow from Operations (millions) | $12,900 | $11,300 |
1
Investor Relations Supplemental Schedules
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OCCIDENTAL PETROLEUM | |||||||||||||
2013 Fourth Quarter | |||||||||||||
Net Income (Loss) | |||||||||||||
($ millions, except per share amounts) | |||||||||||||
Reported | Core | ||||||||||||
Income | Significant Items Affecting Income | Results | |||||||||||
Oil & Gas | $ | 1,511 | $ | 607 | Asset impairments | $ | 2,118 | ||||||
Chemical | 128 | 128 | |||||||||||
Midstream, marketing and other | 1,098 | (1,030 | ) | Plains Pipeline sale gain and other | 68 | ||||||||
Corporate | |||||||||||||
Interest expense, net | (23 | ) | (23 | ) | |||||||||
Other | (93 | ) | (93 | ) | |||||||||
Taxes | (973 | ) | 154 | Tax effect of pre-tax adjustments | (819 | ) | |||||||
Income from continuing operations | 1,648 | (269 | ) | 1,379 | |||||||||
Discontinued operations, net of tax | (5 | ) | 5 | Discontinued operations, net | - | ||||||||
Net Income | $ | 1,643 | $ | (264 | ) | $ | 1,379 | ||||||
Basic Earnings Per Common Share | |||||||||||||
Income from continuing operations | $ | 2.05 | |||||||||||
Discontinued operations, net | (0.01 | ) | |||||||||||
Net Income | $ | 2.04 | $ | 1.72 | |||||||||
Diluted Earnings Per Common Share | |||||||||||||
Income from continuing operations | $ | 2.05 | |||||||||||
Discontinued operations, net | (0.01 | ) | |||||||||||
Net Income | $ | 2.04 | $ | 1.72 |
2
Investor Relations Supplemental Schedules
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OCCIDENTAL PETROLEUM | |||||||||||||
2012 Fourth Quarter | |||||||||||||
Net Income (Loss) | |||||||||||||
($ millions, except per share amounts) | |||||||||||||
Reported | Core | ||||||||||||
Income | Significant Items Affecting Income | Results | |||||||||||
Oil & Gas | $ | 522 | $ | 1,731 | Asset impairments and related items | $ | 2,253 | ||||||
Chemical | 180 | 180 | |||||||||||
Midstream, marketing and other | 75 | 75 | |||||||||||
Corporate | |||||||||||||
Interest expense, net | (30 | ) | (30 | ) | |||||||||
Other | (134 | ) | 20 | Litigation reserves | (114 | ) | |||||||
Taxes | (249 | ) | (636 | ) | Tax effect of adjustments | (885 | ) | ||||||
Income from continuing operations | 364 | 1,115 | 1,479 | ||||||||||
Discontinued operations, net of tax | (28 | ) | 28 | Discontinued operations, net | - | ||||||||
Net Income | $ | 336 | $ | 1,143 | $ | 1,479 | |||||||
Basic Earnings Per Common Share | |||||||||||||
Income from continuing operations | $ | 0.45 | |||||||||||
Discontinued operations, net | (0.03 | ) | |||||||||||
Net Income | $ | 0.42 | $ | 1.83 | |||||||||
Diluted Earnings Per Common Share | |||||||||||||
Income from continuing operations | $ | 0.45 | |||||||||||
Discontinued operations, net | (0.03 | ) | |||||||||||
Net Income | $ | 0.42 | $ | 1.83 | |||||||||
3
Investor Relations Supplemental Schedules
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OCCIDENTAL PETROLEUM | |||||||||||||
2013 Twelve Months | |||||||||||||
Net Income (Loss) | |||||||||||||
($ millions, except per share amounts) | |||||||||||||
Reported | Core | ||||||||||||
Income | Significant Items Affecting Income | Results | |||||||||||
Oil & Gas | $ | 7,894 | $ | 607 | Asset impairments | $ | 8,501 | ||||||
Chemical | 743 | (131 | ) | Carbocloro sale gain | 612 | ||||||||
Midstream, marketing and other | 1,573 | (1,030 | ) | Plains Pipeline sale gain and other | 543 | ||||||||
Corporate | |||||||||||||
Interest expense, net | (110 | ) | (110 | ) | |||||||||
Other | (423 | ) | 55 | Charge for former executives and consultants (a) | (368 | ) | |||||||
Taxes | (3,755 | ) | 179 | Tax effect of pre-tax adjustments | (3,576 | ) | |||||||
Income from continuing operations | 5,922 | (320 | ) | 5,602 | |||||||||
Discontinued operations, net of tax | (19 | ) | 19 | Discontinued operations, net | - | ||||||||
Net Income | $ | 5,903 | $ | (301 | ) | $ | 5,602 | ||||||
Basic Earnings Per Common Share | |||||||||||||
Income from continuing operations | $ | 7.35 | |||||||||||
Discontinued operations, net | (0.02 | ) | |||||||||||
Net Income | $ | 7.33 | $ | 6.95 | |||||||||
Diluted Earnings Per Common Share | |||||||||||||
Income from continuing operations | $ | 7.34 | |||||||||||
Discontinued operations, net | (0.02 | ) | |||||||||||
Net Income | $ | 7.32 | $ | 6.95 | |||||||||
(a) Reflects pre-tax charge for the estimated cost related to the employment and post-employment benefits for the | |||||||||||||
Company's former Executive Chairman and termination of certain other employees and consulting arrangements. |
4
Investor Relations Supplemental Schedules
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OCCIDENTAL PETROLEUM | |||||||||||||
2012 Twelve Months | |||||||||||||
Net Income (Loss) | |||||||||||||
($ millions, except per share amounts) | |||||||||||||
Reported | Core | ||||||||||||
Income | Significant Items Affecting Income | Results | |||||||||||
Oil & Gas | $ | 7,095 | $ | 1,731 | Asset impairments and related items | $ | 8,826 | ||||||
Chemical | 720 | 720 | |||||||||||
Midstream, marketing and other | 439 | 439 | |||||||||||
Corporate | |||||||||||||
Interest expense, net | (117 | ) | (117 | ) | |||||||||
Other | (384 | ) | 20 | Litigation reserves | (364 | ) | |||||||
Taxes | (3,118 | ) | (636 | ) | Tax effect of adjustments | (3,754 | ) | ||||||
Income from continuing operations | 4,635 | 1,115 | 5,750 | ||||||||||
Discontinued operations, net of tax | (37 | ) | 37 | Discontinued operations, net | - | ||||||||
Net Income | $ | 4,598 | $ | 1,152 | $ | 5,750 | |||||||
Basic Earnings Per Common Share | |||||||||||||
Income from continuing operations | $ | 5.72 | |||||||||||
Discontinued operations, net | (0.05 | ) | |||||||||||
Net Income | $ | 5.67 | $ | 7.09 | |||||||||
Diluted Earnings Per Common Share | |||||||||||||
Income from continuing operations | $ | 5.71 | |||||||||||
Discontinued operations, net | (0.04 | ) | |||||||||||
Net Income | $ | 5.67 | $ | 7.09 |
5
Investor Relations Supplemental Schedules
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OCCIDENTAL PETROLEUM | ||||||||||||||
Worldwide Effective Tax Rate | ||||||||||||||
QUARTERLY | YEAR-TO-DATE | |||||||||||||
2013 | 2013 | 2012 | 2013 | 2012 | ||||||||||
REPORTED INCOME | QTR 4 | QTR 3 | QTR 4 | 12 Months | 12 Months | |||||||||
Oil & Gas | 1,511 | 2,363 | 522 | 7,894 | 7,095 | |||||||||
Chemical | 128 | 181 | 180 | 743 | 720 | |||||||||
Midstream, marketing and other | 1,098 | 212 | 75 | 1,573 | 439 | |||||||||
Corporate & other | (116 | ) | (131 | ) | (164 | ) | (533 | ) | (501 | ) | ||||
Pre-tax income | 2,621 | 2,625 | 613 | 9,677 | 7,753 | |||||||||
Income tax expense | ||||||||||||||
Federal and state | 517 | 461 | (293 | ) | 1,602 | 694 | ||||||||
Foreign | 456 | 576 | 542 | 2,153 | 2,424 | |||||||||
Total | 973 | 1,037 | 249 | 3,755 | 3,118 | |||||||||
Income from continuing operations | 1,648 | 1,588 | 364 | 5,922 | 4,635 | |||||||||
Worldwide effective tax rate | 37% | 40% | 41% | 39% | 40% | |||||||||
2013 | 2013 | 2012 | 2013 | 2012 | ||||||||||
CORE RESULTS | QTR 4 | QTR 3 | QTR 4 | 12 Months | 12 Months | |||||||||
Oil & Gas | 2,118 | 2,363 | 2,253 | 8,501 | 8,826 | |||||||||
Chemical | 128 | 181 | 180 | 612 | 720 | |||||||||
Midstream, marketing and other | 68 | 212 | 75 | 543 | 439 | |||||||||
Corporate & other | (116 | ) | (131 | ) | (144 | ) | (478 | ) | (481 | ) | ||||
Pre-tax income | 2,198 | 2,625 | 2,364 | 9,178 | 9,504 | |||||||||
Income tax expense | ||||||||||||||
Federal and state | 363 | 461 | 343 | 1,447 | 1,330 | |||||||||
Foreign | 456 | 576 | 542 | 2,129 | 2,424 | |||||||||
Total | 819 | 1,037 | 885 | 3,576 | 3,754 | |||||||||
Core results | 1,379 | 1,588 | 1,479 | 5,602 | 5,750 | |||||||||
Worldwide effective tax rate | 37% | 40% | 37% | 39% | 39% |
6
Investor Relations Supplemental Schedules
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OCCIDENTAL PETROLEUM | ||||||||||||
2013 Fourth Quarter Net Income (Loss) | ||||||||||||
Reported Income Comparison | ||||||||||||
Fourth | Third | |||||||||||
Quarter | Quarter | |||||||||||
2013 | 2013 | B / (W) | ||||||||||
Oil & Gas | $ | 1,511 | $ | 2,363 | $ | (852 | ) | |||||
Chemical | 128 | 181 | (53 | ) | ||||||||
Midstream, marketing and other | 1,098 | 212 | 886 | |||||||||
Corporate | ||||||||||||
Interest expense, net | (23 | ) | (28 | ) | 5 | |||||||
Other | (93 | ) | (103 | ) | 10 | |||||||
Taxes | (973 | ) | (1,037 | ) | 64 | |||||||
Income from continuing operations | 1,648 | 1,588 | 60 | |||||||||
Discontinued operations, net | (5 | ) | (5 | ) | - | |||||||
Net Income | $ | 1,643 | $ | 1,583 | $ | 60 | ||||||
Earnings Per Common Share | ||||||||||||
Basic | $ | 2.04 | $ | 1.96 | $ | 0.08 | ||||||
Diluted | $ | 2.04 | $ | 1.96 | $ | 0.08 | ||||||
Worldwide Effective Tax Rate | 37% | 40% | 3% | |||||||||
OCCIDENTAL PETROLEUM | ||||||||||||
2013 Fourth Quarter Net Income (Loss) | ||||||||||||
Core Results Comparison | ||||||||||||
Fourth | Third | |||||||||||
Quarter | Quarter | |||||||||||
2013 | 2013 | B / (W) | ||||||||||
Oil & Gas | $ | 2,118 | $ | 2,363 | $ | (245 | ) | |||||
Chemical | 128 | 181 | (53 | ) | ||||||||
Midstream, marketing and other | 68 | 212 | (144 | ) | ||||||||
Corporate | ||||||||||||
Interest expense, net | (23 | ) | (28 | ) | 5 | |||||||
Other | (93 | ) | (103 | ) | 10 | |||||||
Taxes | (819 | ) | (1,037 | ) | 218 | |||||||
Core Results | $ | 1,379 | $ | 1,588 | $ | (209 | ) | |||||
Core Results Per Common Share | ||||||||||||
Basic | $ | 1.72 | $ | 1.97 | $ | (0.25 | ) | |||||
Diluted | $ | 1.72 | $ | 1.97 | $ | (0.25 | ) | |||||
Worldwide Effective Tax Rate | 37% | 40% | 3% |
7
Investor Relations Supplemental Schedules
![](https://capedge.com/proxy/8-K/0000797468-14-000002/oxylogo.jpg)
![](https://capedge.com/proxy/8-K/0000797468-14-000002/variance1.jpg)
8
Investor Relations Supplemental Schedules
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OCCIDENTAL PETROLEUM | ||||||||||||
2013 Fourth Quarter Net Income (Loss) | ||||||||||||
Reported Income Comparison | ||||||||||||
Fourth | Fourth | |||||||||||
Quarter | Quarter | |||||||||||
2013 | 2012 | B / (W) | ||||||||||
Oil & Gas | $ | 1,511 | $ | 522 | $ | 989 | ||||||
Chemical | 128 | 180 | (52 | ) | ||||||||
Midstream, marketing and other | 1,098 | 75 | 1,023 | |||||||||
Corporate | ||||||||||||
Interest expense, net | (23 | ) | (30 | ) | 7 | |||||||
Other | (93 | ) | (134 | ) | 41 | |||||||
Taxes | (973 | ) | (249 | ) | (724 | ) | ||||||
Income from continuing operations | 1,648 | 364 | 1,284 | |||||||||
Discontinued operations, net | (5 | ) | (28 | ) | 23 | |||||||
Net Income | $ | 1,643 | $ | 336 | $ | 1,307 | ||||||
Earnings Per Common Share | ||||||||||||
Basic | $ | 2.04 | $ | 0.42 | $ | 1.62 | ||||||
Diluted | $ | 2.04 | $ | 0.42 | $ | 1.62 | ||||||
Worldwide Effective Tax Rate | 37% | 41% | 4% | |||||||||
OCCIDENTAL PETROLEUM | ||||||||||||
2013 Fourth Quarter Net Income (Loss) | ||||||||||||
Core Results Comparison | ||||||||||||
Fourth | Fourth | |||||||||||
Quarter | Quarter | |||||||||||
2013 | 2012 | B / (W) | ||||||||||
Oil & Gas | $ | 2,118 | $ | 2,253 | $ | (135 | ) | |||||
Chemical | 128 | 180 | (52 | ) | ||||||||
Midstream, marketing and other | 68 | 75 | (7 | ) | ||||||||
Corporate | ||||||||||||
Interest expense, net | (23 | ) | (30 | ) | 7 | |||||||
Other | (93 | ) | (114 | ) | 21 | |||||||
Taxes | (819 | ) | (885 | ) | 66 | |||||||
Core Results | $ | 1,379 | $ | 1,479 | $ | (100 | ) | |||||
Core Results Per Common Share | ||||||||||||
Basic | $ | 1.72 | $ | 1.83 | $ | (0.11 | ) | |||||
Diluted | $ | 1.72 | $ | 1.83 | $ | (0.11 | ) | |||||
Worldwide Effective Tax Rate | 37% | 37% | 0% |
9
Investor Relations Supplemental Schedules
![](https://capedge.com/proxy/8-K/0000797468-14-000002/oxylogo.jpg)
![](https://capedge.com/proxy/8-K/0000797468-14-000002/variance2.jpg)
10
Investor Relations Supplemental Schedules
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OCCIDENTAL PETROLEUM | ||||||||||||||
SUMMARY OF OPERATING STATISTICS | ||||||||||||||
Fourth Quarter | Twelve Months | |||||||||||||
2013 | 2012 | 2013 | 2012 | |||||||||||
NET PRODUCTION PER DAY: | ||||||||||||||
United States | ||||||||||||||
Oil (MBBL) | ||||||||||||||
California | 94 | 92 | 90 | 88 | ||||||||||
Permian | 146 | 146 | 146 | 142 | ||||||||||
Midcontinent and other | 30 | 27 | 30 | 25 | ||||||||||
Total | 270 | 265 | 266 | 255 | ||||||||||
NGLs (MBBL) | ||||||||||||||
California | 20 | 21 | 20 | 17 | ||||||||||
Permian | 36 | 40 | 39 | 39 | ||||||||||
Midcontinent and other | 17 | 16 | 18 | 17 | ||||||||||
Total | 73 | 77 | 77 | 73 | ||||||||||
Natural Gas (MMCF) | ||||||||||||||
California | 260 | 242 | 260 | 256 | ||||||||||
Permian | 147 | 162 | 157 | 155 | ||||||||||
Midcontinent and other | 355 | 396 | 371 | 410 | ||||||||||
Total | 762 | 800 | 788 | 821 | ||||||||||
Latin America | ||||||||||||||
Oil (MBBL) | Colombia | 29 | 30 | 29 | 29 | |||||||||
Natural Gas (MMCF) | Bolivia | 12 | 12 | 12 | 13 | |||||||||
Middle East / North Africa | ||||||||||||||
Oil (MBBL) | ||||||||||||||
Dolphin | 7 | 7 | 6 | 8 | ||||||||||
Oman | 64 | 74 | 66 | 67 | ||||||||||
Qatar | 69 | 71 | 68 | 71 | ||||||||||
Other | 29 | 40 | 39 | 40 | ||||||||||
Total | 169 | 192 | 179 | 186 | ||||||||||
NGLs (MBBL) | Dolphin | 7 | 7 | 7 | 8 | |||||||||
Other | - | - | - | 1 | ||||||||||
Total | 7 | 7 | 7 | 9 | ||||||||||
Natural Gas (MMCF) | ||||||||||||||
Dolphin | 145 | 138 | 142 | 163 | ||||||||||
Oman | 42 | 56 | 51 | 57 | ||||||||||
Other | 253 | 242 | 241 | 232 | ||||||||||
Total | 440 | 436 | 434 | 452 | ||||||||||
Barrels of Oil Equivalent (MBOE) | 750 | 779 | 763 | 766 |
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Investor Relations Supplemental Schedules
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OCCIDENTAL PETROLEUM | ||||||||||||||
SUMMARY OF OPERATING STATISTICS | ||||||||||||||
Fourth Quarter | Twelve Months | |||||||||||||
2013 | 2012 | 2013 | 2012 | |||||||||||
NET SALES VOLUMES PER DAY: | ||||||||||||||
United States | ||||||||||||||
Oil (MBBL) | 270 | 265 | 266 | 255 | ||||||||||
NGLs (MBBL) | 73 | 77 | 77 | 73 | ||||||||||
Natural Gas (MMCF) | 762 | 800 | 789 | 819 | ||||||||||
Latin America | ||||||||||||||
Oil (MBBL) | 23 | 30 | 27 | 28 | ||||||||||
Natural Gas (MMCF) | 12 | 12 | 12 | 13 | ||||||||||
Middle East / North Africa | ||||||||||||||
Oil (MBBL) | ||||||||||||||
Dolphin | 7 | 7 | 6 | 8 | ||||||||||
Oman | 65 | 70 | 68 | 66 | ||||||||||
Qatar | 66 | 75 | 67 | 71 | ||||||||||
Other | 59 | 43 | 38 | 40 | ||||||||||
Total | 197 | 195 | 179 | 185 | ||||||||||
NGLs (MBBL) | Dolphin | 7 | 7 | 7 | 8 | |||||||||
Other | - | 2 | - | 1 | ||||||||||
7 | 9 | 7 | 9 | |||||||||||
Natural Gas (MMCF) | 440 | 436 | 434 | 452 | ||||||||||
Barrels of Oil Equivalent (MBOE) | 772 | 784 | 762 | 764 |
12
Investor Relations Supplemental Schedules
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OCCIDENTAL PETROLEUM | ||||||||||||||||
SUMMARY OF OPERATING STATISTICS | ||||||||||||||||
Fourth Quarter | Twelve Months | |||||||||||||||
2013 | 2012 | 2013 | 2012 | |||||||||||||
OIL & GAS: | ||||||||||||||||
REALIZED PRICES | ||||||||||||||||
United States | ||||||||||||||||
Oil ($/BBL) | 94.52 | 87.81 | 96.42 | 93.72 | ||||||||||||
NGLs ($/BBL) | 45.72 | 44.54 | 41.80 | 46.07 | ||||||||||||
Natural gas ($/MCF) | 3.33 | 3.09 | 3.37 | 2.62 | ||||||||||||
Latin America | ||||||||||||||||
Oil ($/BBL) | 99.77 | 97.95 | 103.21 | 98.35 | ||||||||||||
Natural gas ($/MCF) | 10.58 | 11.56 | 11.17 | 11.85 | ||||||||||||
Middle East / North Africa | ||||||||||||||||
Oil ($/BBL) | 105.83 | 107.50 | 104.48 | 108.76 | ||||||||||||
NGLs ($/BBL) | 35.01 | 49.14 | 33.00 | 37.74 | ||||||||||||
Total Worldwide | ||||||||||||||||
Oil ($/BBL) | 99.27 | 96.19 | 99.84 | 99.87 | ||||||||||||
NGLs ($/BBL) | 44.69 | 45.08 | 41.03 | 45.18 | ||||||||||||
Natural gas ($/MCF) | 2.47 | 2.35 | 2.54 | 2.06 | ||||||||||||
INDEX PRICES | ||||||||||||||||
WTI oil ($/BBL) | 97.46 | 88.18 | 97.97 | 94.21 | ||||||||||||
Brent oil ($/BBL) | 109.35 | 110.08 | 108.76 | 111.70 | ||||||||||||
NYMEX gas ($/MCF) | 3.64 | 3.37 | 3.66 | 2.81 | ||||||||||||
REALIZED PRICES AS PERCENTAGE OF INDEX PRICES | ||||||||||||||||
Worldwide oil as a percentage of WTI | 102% | 109% | 102% | 106% | ||||||||||||
Worldwide oil as a percentage of Brent | 91% | 87% | 92% | 89% | ||||||||||||
Worldwide NGLs as a percentage of WTI | 46% | 51% | 42% | 48% | ||||||||||||
Domestic natural gas as a percentage of NYMEX | 92% | 92% | 92% | 93% | ||||||||||||
Fourth Quarter | Twelve Months | |||||||||||||||
2013 | 2012 | 2013 | 2012 | |||||||||||||
Exploration Expense | ||||||||||||||||
United States | $ | 50 | $ | 46 | $ | 187 | $ | 232 | ||||||||
Latin America | 1 | 1 | 6 | 2 | ||||||||||||
Middle East / North Africa | 9 | 35 | 63 | 111 | ||||||||||||
$ | 60 | $ | 82 | $ | 256 | $ | 345 |
13
Investor Relations Supplemental Schedules
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OCCIDENTAL PETROLEUM | ||||||||||||||||
SUMMARY OF OPERATING STATISTICS | ||||||||||||||||
Fourth Quarter | Twelve Months | |||||||||||||||
Capital Expenditures ($MM) | 2013 | 2012 | 2013 | 2012 | ||||||||||||
Oil & Gas | ||||||||||||||||
California | $ | 457 | $ | 382 | $ | 1,533 | $ | 2,029 | ||||||||
Permian | 435 | 424 | 1,722 | 1,920 | ||||||||||||
Midcontinent and other | 260 | 204 | 901 | 1,324 | ||||||||||||
Latin America | 103 | 124 | 339 | 309 | ||||||||||||
Middle East / North Africa | 519 | 638 | 2,120 | 2,016 | ||||||||||||
Exploration | 143 | 108 | 430 | 622 | ||||||||||||
Chemical | 125 | 165 | 424 | 357 | ||||||||||||
Midstream, marketing and other | 425 | 440 | 1,404 | 1,558 | ||||||||||||
Corporate | 19 | 25 | 164 | 91 | ||||||||||||
TOTAL | 2,486 | 2,510 | 9,037 | 10,226 | ||||||||||||
Non-controlling interest contributions | (67 | ) | - | (212 | ) | - | ||||||||||
Cracker JV contribution | 23 | - | 23 | - | ||||||||||||
$ | 2,442 | $ | 2,510 | $ | 8,848 | $ | 10,226 | |||||||||
Depreciation, Depletion & | Fourth Quarter | Twelve Months | ||||||||||||||
Amortization of Assets ($MM) | 2013 | 2012 | 2013 | 2012 | ||||||||||||
Oil & Gas | ||||||||||||||||
Domestic | $ | 745 | $ | 628 | $ | 2,967 | $ | 2,412 | ||||||||
Latin America | 20 | 31 | 107 | 117 | ||||||||||||
Middle East / North Africa | 534 | 385 | 1,679 | 1,404 | ||||||||||||
Chemical | 86 | 88 | 346 | 345 | ||||||||||||
Midstream, marketing and other | 58 | 52 | 212 | 206 | ||||||||||||
Corporate | 8 | 7 | 36 | 27 | ||||||||||||
TOTAL | $ | 1,451 | $ | 1,191 | $ | 5,347 | $ | 4,511 |
14
Investor Relations Supplemental Schedules
![](https://capedge.com/proxy/8-K/0000797468-14-000002/oxylogo.jpg)
OCCIDENTAL PETROLEUM | ||||||||||||
CORPORATE | ||||||||||||
($ millions) | ||||||||||||
31-Dec-13 | 31-Dec-12 | |||||||||||
CAPITALIZATION | ||||||||||||
Long-Term Debt (including current maturities) | $ | 6,939 | $ | 7,623 | ||||||||
EQUITY | $ | 43,372 | $ | 40,048 | ||||||||
Total Debt To Total Capitalization | 14% | 16% |
15