Long-Term Debt (Tables)

9 Months Ended

Sep. 30, 2022

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


millions	September 30, 2022		December 31, 2021
Total borrowings at face value	$	19,089	$	28,493
Adjustments to book value:
Unamortized premium, net	1,321		670
Debt issuance costs	(79)		(135)
Net book value of debt	$	20,331	$	29,028
Long-term finance leases	552		504
Current finance leases	141		85
Total debt and finance leases	$	21,024	$	29,617
Less: current maturities of financing leases	(141)		(85)
Less: current maturities of long-term debt	(405)		(101)
Long-term debt, net	$	20,478	$	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