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Schedule II - Valuation and Qualifying Accounts
12 Months Ended
Dec. 31, 2013
Schedule II - Valuation and Qualifying Accounts  
Schedule II - Valuation and Qualifying Accounts

 

 

Schedule II — Valuation and Qualifying Accounts

 

Occidental Petroleum Corporation
and Subsidiaries

In millions

 

 

 

 

 

 

 

Additions

 

 

 

 

 

 

 

Balance at
Beginning
of Period

 

Charged to
Costs and
Expenses

 

Charged to
Other
Accounts

 

Deductions (a)

 

Balance at
End of
Period

 

2013

 

 

 

 

 

 

 

 

 

 

 

Allowance for doubtful accounts

 

$

16

 

$

1

 

$

 

$

 

$

17

 

 

 

 

 

 

 

 

 

 

 

 

 

Environmental

 

$

344

 

$

60

 

$

 

$

(74

)

$

330

 

Litigation, tax and other reserves

 

229

 

3

 

4

 

(70

)

166

 

 

 

$

573

 

$

63

 

$

4

 

$

(144

)

$

496

(b)

2012

 

 

 

 

 

 

 

 

 

 

 

Allowance for doubtful accounts

 

$

16

 

$

 

$

 

$

 

$

16

 

 

 

 

 

 

 

 

 

 

 

 

 

Environmental

 

$

360

 

$

56

 

$

 

$

(72

)

$

344

 

Litigation, tax and other reserves

 

198

 

57

 

 

(26

)

229

 

 

 

$

558

 

$

113

 

$

 

$

(98

)

$

573

(b)

2011

 

 

 

 

 

 

 

 

 

 

 

Allowance for doubtful accounts

 

$

19

 

$

 

$

 

$

(3

)

$

16

 

 

 

 

 

 

 

 

 

 

 

 

 

Environmental

 

$

366

 

$

53

 

$

14

 

$

(73

)

$

360

 

Litigation, tax and other reserves

 

193

 

37

 

 

(32

)

198

 

 

 

$

559

 

$

90

 

$

14

 

$

(105

)

$

558

(b)

 

Note:  The amounts presented represent continuing operations.

(a)   Primarily represents payments.

(b)   Of these amounts, $101 million, $98 million and $100 million in 2013, 2012 and 2011, respectively, are classified as current.