CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($) $ in Millions	Sep. 30, 2019	Dec. 31, 2018
CURRENT ASSETS
Cash and cash equivalents	$ 4,840	$ 3,033
Restricted cash and restricted cash equivalents	454	0
Trade receivables, net	5,854	4,893
Inventories	1,601	1,260
Assets held for sale	6,445	0
Other current assets	1,750	746
Total current assets	20,944	9,932
INVESTMENTS IN UNCONSOLIDATED ENTITIES ($2,261 related to WES)	3,684	1,680
PROPERTY, PLANT AND EQUIPMENT	136,925	74,420
Accumulated depreciation, depletion, and amortization	(46,804)	(42,983)
PROPERTY, PLANT AND EQUIPMENT, net of accumulated depreciation, depletion and amortization	90,121	31,437
OPERATING LEASE ASSETS	1,078
LONG-TERM RECEIVABLES AND OTHER ASSETS, NET	1,155	797
INTANGIBLES, NET ($2,380 related to WES)	2,387	8
TOTAL ASSETS	125,443	43,854
CURRENT LIABILITIES
Current maturities of long-term debt	31	116
Current operating lease liabilities	463
Accounts payable	6,789	4,885
Accrued liabilities ($315 related to WES)	5,175	2,411
Accrued income taxes	1,036	0
Liabilities of assets held for sale	2,203	0
Total current liabilities	15,697	7,412
LONG-TERM DEBT, NET
LONG-TERM DEBT, NET	47,583	10,201
DEFERRED CREDITS AND OTHER LIABILITIES
Deferred income taxes ($1,167 related to WES)	9,920	907
Asset retirement obligations ($319 related to WES)	4,164	1,424
Pension and postretirement obligations	1,927	809
Environmental remediation reserves	905	762
Operating lease liabilities	676
Other	3,566	1,009
Total deferred credits and other liabilities	21,158	4,911
EQUITY
Preferred stock, at $1.00 per share par value (100,000 shares at September 30, 2019)	9,762	0
Common stock, at $0.20 per share par value (1,043,640,621 shares at September 30, 2019, and 895,115,637 shares at December 31, 2018)	209	179
Treasury stock (150,323,151 shares at September 30, 2019, and 145,726,051 shares at December 31, 2018)	(10,653)	(10,473)
Additional paid-in capital	14,867	8,046
Retained earnings	22,227	23,750
Accumulated other comprehensive loss	(332)	(172)
Total stockholders' equity	36,080	21,330
Noncontrolling interests	4,925	0
Total equity	41,005	21,330
TOTAL LIABILITIES AND EQUITY	125,443	43,854
Occidental
LONG-TERM DEBT, NET
LONG-TERM DEBT, NET	39,946	10,201
Oil and Gas segment
CURRENT ASSETS
PROPERTY, PLANT AND EQUIPMENT	110,668	58,799
Chemical segment
CURRENT ASSETS
PROPERTY, PLANT AND EQUIPMENT	7,092	7,001
Marketing and Other Midstream segment
CURRENT ASSETS
PROPERTY, PLANT AND EQUIPMENT	8,133	8,070
WES Midstream
CURRENT ASSETS
PROPERTY, PLANT AND EQUIPMENT	9,635	0
WES
CURRENT ASSETS
INVESTMENTS IN UNCONSOLIDATED ENTITIES ($2,261 related to WES)	2,261
INTANGIBLES, NET ($2,380 related to WES)	2,380
GOODWILL - WES	6,074	0
CURRENT LIABILITIES
Accrued liabilities ($315 related to WES)	315
LONG-TERM DEBT, NET
LONG-TERM DEBT, NET	7,637	0
DEFERRED CREDITS AND OTHER LIABILITIES
Deferred income taxes ($1,167 related to WES)	1,167
Asset retirement obligations ($319 related to WES)	319
Corporate
CURRENT ASSETS
PROPERTY, PLANT AND EQUIPMENT	$ 1,397	$ 550