Long-Term Debt (Tables)

3 Months Ended

Mar. 31, 2021

Debt Disclosure [Abstract]

Schedule of Long-term Debt

The following table summarizes Occidental's outstanding debt, including finance lease liabilities:

millions	March 31, 2021		December 31, 2020
Total borrowings at face value	$	35,061	$	35,235
Adjustments to book value:
Unamortized premium, net	727		748
Debt issuance costs	(152)		(156)
Net book value of debt	$	35,636	$	35,827
Long-term finance leases	330		316
Current finance leases	59		42
Total debt and finance leases	$	36,025	$	36,185
Less current maturities of financing leases	(59)		(42)
Less current maturities of long-term debt	(500)		(398)
Long-term debt, net	$	35,466	$	35,745