General (Tables)

9 Months Ended

Sep. 30, 2021

Accounting Policies [Abstract]

Schedule of Restrictions on Cash and Cash Equivalents

The following table provides a reconciliation of cash, cash equivalents, restricted cash and restricted cash equivalents as reported at the end of the period in the consolidated condensed statements of cash flows for the nine months ended September 30, 2021 and 2020, respectively.

millions	2021		2020
Cash and cash equivalents	$	2,059	$	1,896
Restricted cash and restricted cash equivalents	220		51
Cash and restricted cash included in assets held for sale	—		113
Restricted cash and restricted cash equivalents included in long-term receivables and other assets, net	15		14
Cash, cash equivalents, restricted cash and restricted cash equivalents	$	2,294	$	2,074

Schedule of Cash and Cash Equivalents

The following table provides a reconciliation of cash, cash equivalents, restricted cash and restricted cash equivalents as reported at the end of the period in the consolidated condensed statements of cash flows for the nine months ended September 30, 2021 and 2020, respectively.

millions	2021		2020
Cash and cash equivalents	$	2,059	$	1,896
Restricted cash and restricted cash equivalents	220		51
Cash and restricted cash included in assets held for sale	—		113
Restricted cash and restricted cash equivalents included in long-term receivables and other assets, net	15		14
Cash, cash equivalents, restricted cash and restricted cash equivalents	$	2,294	$	2,074

Schedule of Supplemental Cash Flows

The following table represents U.S. federal, domestic state and international income taxes paid, tax refunds received and interest paid related to continuing operations during the nine months ended September 30, 2021 and 2020, respectively.

millions	2021		2020
Income tax payments	$	(502)	$	(375)
Income tax refunds received	$	70	$	223
Interest paid (a)	$	(1,432)	$	(1,253)

(a) Net of capitalized interest of $46 million and $64 million for the nine months ended September 30, 2021 and 2020, respectively.

Summary of Related-Party Transactions

The following table presents the related-party transactions between Occidental and WES for the nine months ended September 30, 2021 and 2020.

millions	2021		2020
Sales	$	111	$	165
Purchases	$	17	$	474
Transportation, gathering and other fees paid	$	717	$	804