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Revenue Recognition
 9 Months Ended
Sep. 30, 2019
Revenue from Contract with Customer [Abstract]  
Revenue Recognition Revenue Recognition

Revenue from customers is recognized when obligations under the terms of a contract with our customers are satisfied; this generally occurs with the delivery of oil, gas, NGL, chemicals or services, such as transportation. As of September 30, 2019, trade receivables, net, of $5.9 billion represent rights to payment for which Occidental has satisfied its obligations under a contract and its right to payment is conditioned only on the passage of time.

The following table shows a reconciliation of revenue from customers to total net sales:
 
 
Three months ended September 30
 
Nine months ended September 30
millions
 
2019
 
2018
 
2019
 
2018
 
 
 
 
 
 
 
 
 
Revenue from customers
 
$
5,231

 
$
4,257

 
$
12,397

 
$
11,813

All other revenues (a)
 
456

 
959

 
1,714

 
1,249

Net sales
 
$
5,687

 
$
5,216

 
$
14,111

 
$
13,062

 
 
 
 
 
 
 
 
 
 (a) Includes net marketing derivatives, oil collars and calls, and chemical exchange contracts.

Disaggregation of Revenue from Contracts with Customers
The following table presents Occidental's revenue from customers by segment, product and geographical area. The Oil and Gas segment typically sells its oil, gas and NGL at the lease or concession area. WES Midstream's operations are entirely in the United States. Chemical revenues are shown by geographic area based on the location of the sale. Excluding net marketing revenue, Marketing and Other Midstream revenues are shown by the location of sale:
millions
 
United States
 
Middle East
 
Latin America
 
Other International
 
Eliminations
 
Total
 
 
 
 
 
 
 
 
 
 
 
 
 
Three months ended September 30, 2019
 
 
 
 
 
 
 
 
 
 
 
 
Oil and Gas
 
 
 
 
 
 
 
 
 
 
 
 
Oil
 
$
2,453

 
$
683

 
$
177

 
$
—

 
$
—

 
$
3,313

NGL
 
177

 
63

 
—

 
—

 
—

 
240

Gas
 
125

 
78

 
5

 
—

 
—

 
208

Other
 
(18
)
 
3

 
—

 
—

 
—

 
(15
)
Segment total
 
$
2,737

 
$
827

 
$
182

 
$
—

 
$
—

 
$
3,746

 
 
 
 
 
 
 
 
 
 
 
 
 
Chemical
 
$
1,009

 
$
—

 
$
36

 
$
16

 
$
—

 
$
1,061

 
 
 
 
 
 
 
 
 
 
 
 
 
Marketing and Other Midstream
 
 
 
 
 
 
 
 
 
 
 
 
Gas processing
 
93

 
81

 
—

 
—

 
—

 
174

Power and other
 
198

 
—

 
—

 
37

 
—

 
235

Segment total
 
$
291

 
$
81

 
$
—

 
$
37

 
$
—

 
$
409

 
 
 
 
 
 
 
 
 
 
 
 
 
WES Midstream
 
$
383

 
$
—

 
$
—

 
$
—

 
$
—

 
$
383

 
 
 
 
 
 
 
 
 
 
 
 
 
Eliminations
 
$
—

 
$
—

 
$
—

 
$
—

 
$
(368
)
 
$
(368
)
 
 
 
 
 
 
 
 
 
 
 
 
 
Consolidated
 
$
4,420

 
$
908

 
$
218

 
$
53

 
$
(368
)
 
$
5,231

 
 
 
 
 
 
 
 
 
 
 
 
 
millions
 
United States
 
Middle East
 
Latin America
 
Other International
 
Eliminations
 
Total
 
 
 
 
 
 
 
 
 
 
 
 
 
Three months ended September 30, 2018
 
 
 
 
 
 
 
 
 
 
 
 
Oil and Gas
 
 
 
 
 
 
 
 
 
 
 
 
Oil
 
$
1,326

 
$
1,016

 
$
197

 
$
—

 
$
—

 
$
2,539

NGL
 
139

 
77

 
—

 
—

 
—

 
216

Gas
 
47

 
80

 
5

 
—

 
—

 
132

Other
 
3

 
—

 
(1
)
 
—

 
—

 
2

Segment total
 
$
1,515

 
$
1,173

 
$
201

 
$
—

 
$
—

 
$
2,889

 
 
 
 
 
 
 
 
 
 
 
 
 
Chemical
 
$
1,112

 
$
—

 
$
51

 
$
21

 
$
—

 
$
1,184

 
 
 
 
 
 
 
 
 
 
 
 
 
Marketing and Other Midstream
 
 
 
 
 
 
 
 
 
 
 
 
Gas processing
 
148

 
108

 
—

 
—

 
—

 
256

Pipelines
 
115

 
—

 
—

 
—

 
—

 
115

Power and other
 
38

 
—

 
—

 
—

 
—

 
38

Segment total
 
$
301

 
$
108

 
$
—

 
$
—

 
$
—

 
$
409

 
 
 
 
 
 
 
 
 
 
 
 
 
Eliminations
 
$
—

 
$
—

 
$
—

 
$
—

 
$
(225
)
 
$
(225
)
 
 
 
 
 
 
 
 
 
 
 
 
 
Consolidated
 
$
2,928

 
$
1,281

 
$
252

 
$
21

 
$
(225
)
 
$
4,257

millions
 
United States
 
Middle East
 
Latin America
 
Other International
 
Eliminations
 
Total
 
 
 
 
 
 
 
 
 
 
 
 
 
Nine months ended September 30, 2019
 
 
 
 
 
 
 
 
 
 
 
 
Oil and Gas
 
 
 
 
 
 
 
 
 
 
 
 
Oil
 
$
5,105

 
$
2,266

 
$
524

 
$
—

 
$
—

 
$
7,895

NGL
 
339

 
196

 
—

 
—

 
—

 
535

Gas
 
180

 
233

 
14

 
—

 
—

 
427

Other
 
(40
)
 
(2
)
 
—

 
—

 
—

 
(42
)
Segment total
 
$
5,584

 
$
2,693

 
$
538

 
$
—

 
$
—

 
$
8,815

 
 
 
 
 
 
 
 
 
 
 
 
 
Chemical
 
$
2,937

 
$
—

 
$
119

 
$
53

 
$
—

 
$
3,109

 
 
 
 
 
 
 
 
 
 
 
 
 
Marketing and Other Midstream
 
 
 
 
 
 
 
 
 
 
 
 
Gas processing
 
302

 
272

 
—

 
—

 
—

 
574

Power and other
 
274

 
—

 
—

 
37

 
—

 
311

Segment total
 
$
576

 
$
272

 
$
—

 
$
37

 
$
—

 
$
885

 
 
 
 
 
 
 
 
 
 
 
 
 
WES Midstream
 
$
383

 
$
—

 
$
—

 
$
—

 
$
—

 
$
383

 
 
 
 
 
 
 
 
 
 
 
 
 
Eliminations
 
$
—

 
$
—

 
$
—

 
$
—

 
$
(795
)
 
$
(795
)
 
 
 
 
 
 
 
 
 
 
 
 
 
Consolidated
 
$
9,480

 
$
2,965

 
$
657

 
$
90

 
$
(795
)
 
$
12,397


millions
 
United States
 
Middle East
 
Latin America
 
Other International
 
Eliminations
 
Total
 
 
 
 
 
 
 
 
 
 
 
 
 
Nine months ended September 30, 2018
 
 
 
 
 
 
 
 
 
 
 
 
Oil and Gas
 
 
 
 
 
 
 
 
 
 
 
 
Oil
 
$
3,907

 
$
2,507

 
$
547

 
$
—

 
$
—

 
$
6,961

NGL
 
339

 
192

 
—

 
—

 
—

 
531

Gas
 
141

 
218

 
12

 
—

 
—

 
371

Other
 
10

 
1

 
—

 
—

 
—

 
11

Segment total
 
$
4,397

 
$
2,918

 
$
559

 
$
—

 
$
—

 
$
7,874

 
 
 
 
 
 
 
 
 
 
 
 
 
Chemical
 
$
3,294

 
$
—

 
$
154

 
$
59

 
$
—

 
$
3,507

 
 
 
 
 
 
 
 
 
 
 
 
 
Marketing and Other Midstream
 
 
 
 
 
 
 
 
 
 
 
 
Gas processing
 
416

 
308

 
—

 
—

 
—

 
724

Pipelines
 
310

 
—

 
—

 
—

 
—

 
310

Power and other
 
84

 
—

 
—

 
—

 
—

 
84

Segment total
 
$
810

 
$
308

 
$
—

 
$
—

 
$
—

 
$
1,118

 
 
 
 
 
 
 
 
 
 
 
 
 
Eliminations
 
$
—

 
$
—

 
$
—

 
$
—

 
$
(686
)
 
$
(686
)
 
 
 
 
 
 
 
 
 
 
 
 
 
Consolidated
 
$
8,501

 
$
3,226

 
$
713

 
$
59

 
$
(686
)
 
$
11,813



Contract Liabilities
Contract liabilities relate to WES fees and capital reimbursements that are charged to customers for only a portion of the contract term and must be recognized as revenues over the expected period of benefit, fixed and variable fees that are received from customers but revenue recognition is deferred under midstream cost of service contracts, and hard-minerals bonus payments received from customers that must be recognized as revenue over the expected period of benefit.

The following table summarizes current period activity related to contract liabilities from contracts with customers:
millions
 
 
Balance at December 31, 2018
 
$
—

Increase due to contract liabilities acquired with Anadarko
 
154

Increase due to cash received, excluding revenues recognized in the period
 
9

Decrease due to revenue recognized
 
(13
)
Balance at September 30, 2019
 
$
150



Transaction Price Allocated to Remaining Performance Obligations
Revenue expected to be recognized from certain performance obligations that are unsatisfied as of September 30, 2019, is reflected in the table below. Occidental applies the optional exemptions in Topic 606 and does not disclose consideration for remaining performance obligations with an original expected duration of one year or less or for variable consideration related to unsatisfied performance obligations. As a result, the following table represents a small portion of Occidental's expected future consolidated revenues, as future revenue from the sale of most products and services is dependent on future production or variable customer volume and variable commodity prices for that volume:
millions
 
Oil and Gas
 
WES Midstream
 
Eliminations
 
Total
Remainder of 2019
 
$
26

 
$
193

 
$
(127
)
 
$
92

2020
 
103

 
863

 
(589
)
 
377

2021
 
103

 
912

 
(645
)
 
370

2022
 
7

 
963

 
(703
)
 
267

2023
 
7

 
915

 
(690
)
 
232

Thereafter
 
60

 
4,399

 
(3,768
)
 
691

Total
 
$
306

 
$
8,245

 
$
(6,522
)
 
$
2,029