Consolidated and Combined Statements of Equity (USD $) In Millions, unless otherwise specified	Net Parent Company Investment		Common Stock	Additional Paid-in Capital	Accumulated Deficit		Accumulated Other Comprehensive Income (Loss)	Total
Balance at Dec. 31, 2011	$ 8,676						$ (52)	$ 8,624
Increase (decrease) in Equity
Net income / (loss)	699							699
Other comprehensive income (loss), net of tax							5	5
Net contributions from or (distributions to) Occidental	532							532
Balance at Dec. 31, 2012	9,907						(47)	9,860
Increase (decrease) in Equity
Net income / (loss)	869							869
Other comprehensive income (loss), net of tax							23	23
Net contributions from or (distributions to) Occidental	(763)							(763)
Balance at Dec. 31, 2013	10,013						(24)	9,989
Increase (decrease) in Equity
Net income / (loss)	683	[1]			(2,117)	[1]		(1,434)
Net contributions from or (distributions to) Occidental	56							56	[2]
Dividend to Occidental	(6,000)							(6,000)
Issuance of common stock at spin-off	(4)		4
Reclassification of net parent company investment to additional paid-in capital	(4,748)			4,748
Balance at Dec. 31, 2014			$ 4	$ 4,748	$ (2,117)		$ (24)	$ 2,611

[1] Net income of $683 million related to operations from January 1, 2014 through the spin-off date of November 30, 2014 and was included in Net Parent company Investment. The net loss of $2,117 million for the month ended December 31, 2014 reflected our accumulated deficit as of that date as a stand-alone company.

[2] Net contributions from Occidental include non-cash contributions of approximately $400 million, predominantly trade receivables, partially offset by $335 million in cash distributions to Occidental.