Long-Term Debt (Tables)

3 Months Ended

Mar. 31, 2022

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


millions	March 31, 2022		December 31, 2021
Total borrowings at face value	$	25,187	$	28,493
Adjustments to book value:
Unamortized premium, net	660		670
Debt issuance costs	(114)		(135)
Net book value of debt	$	25,733	$	29,028
Long-term finance leases	540		504
Current finance leases	99		85
Total debt and finance leases	$	26,372	$	29,617
Less current maturities of financing leases	(99)		(85)
Less current maturities of long-term debt	(408)		(101)
Long-term debt, net	$	25,865	$	29,431

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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+ Details