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Industry Segments (Tables)
 6 Months Ended
Jun. 30, 2020
Segment Reporting [Abstract]  
Schedule of industry segments The following table presents Occidental’s industry segments:
millions
Oil and
Gas (a)
Chemical
Midstream and Marketing (b)
Corporate and Eliminations (c)
Total
Three months ended June 30, 2020
Net sales$2,040  $846  $204  $(162) $2,928  
Income (loss) from continuing operations before income taxes$(7,734) $108  $(7) $(551) $(8,184) 
Income tax benefit1,468  1,468  
Income (loss) from continuing operations$(7,734) $108  $(7) $917  $(6,716) 
Three months ended June 30, 2019
Net sales$2,718  $998  $909  $(205) $4,420  
Income (loss) from continuing operations before income taxes$726  $208  $331  $(324) $941  
Income tax expense—  —  —  (306) (306) 
Income (loss) from continuing operations$726  $208  $331  $(630) $635  

millions
Oil and
Gas (a)
Chemical
Midstream and Marketing (b)
Corporate
 and Eliminations (c)
Total
Six months ended June 30, 2020
Net sales$7,100  $1,808  $994  $(361) $9,541  
Income (loss) from continuing operations before income taxes$(7,498) $294  $(1,294) $(1,724) $(10,222) 
Income tax benefit1,493  1,493  
Income (loss) from continuing operations$(7,498) $294  $(1,294) $(231) $(8,729) 
Six months ended June 30, 2019
Net sales$5,069  $2,057  $1,725  $(427) $8,424  
Income (loss) from continuing operations before income taxes$1,210  $473  $610  $(496) $1,797  
Income tax expense—  —  —  (531) (531) 
Income (loss) from continuing operations$1,210  $473  $610  $(1,027) $1,266  

(a) Includes $6.4 billion and $7.0 billion related to asset impairments and other charges for the three and six months ended June 30, 2020, respectively. Additionally includes a $957 million gain on the oil collars and calls for the six months ended June 30, 2020.
(b) Includes $1.4 billion of impairments related to the write-off of goodwill and a loss from an equity investment related to WES's write-off of its goodwill for the six months ended June 30, 2020.
(c) Includes $149 million and $297 million in expenses related to Anadarko acquisition-related costs for the three and six months ended June 30, 2020, respectively, and a $665 million loss on interest rate swaps for the six months ended June 30, 2020.