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SEGMENTS
 3 Months Ended
Mar. 31, 2023
Segment Reporting [Abstract]  
Segments
NOTE 10 - SEGMENTS

Occidental conducts its operations through three segments: (1) oil and gas; (2) chemical; and (3) midstream and marketing. Income taxes, interest income, interest expense, environmental remediation expenses and unallocated corporate expenses are included under corporate and eliminations. Intersegment sales eliminate upon consolidation and are generally made at prices approximating those that the selling entity would be able to obtain in third-party transactions. 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 March 31, 2023
Net sales$5,325 $1,405 $751 $(256)$7,225 
Income (loss) before income taxes$1,640 $472 $2 $(380)$1,734 
Income tax expense— — — (471)(471)
Net income (loss)$1,640 $472 $2 $(851)$1,263 
Three months ended March 31, 2022
Net sales$6,075 $1,684 $882 $(292)$8,349 
Income (loss) before income taxes$2,898 $671 $(50)$(436)$3,083 
Income tax expense— — — 1,793 1,793 
Net income (loss)$2,898 $671 $(50)$1,357 $4,876 
(a)    The three months ended March 31, 2023 included a $26 million litigation settlement gain. The three months ended March 31, 2022 included $125 million of gains related to the sale of certain non-strategic assets in the Permian Basin.
(b)    The three months ended March 31, 2023 included a $26 million impairment charge included in Income from equity investments. The three months ended March 31, 2022 included $198 million of net derivative mark-to-market losses.
(c)    The three months ended March 31, 2022 included a tax benefit of $2.6 billion in connection with Occidental's legal entity reorganization, which is further discussed in the Income Taxes section of the Management’s Discussion and Analysis of Financial Condition and Results of Operations in Part I, Item 2 of this Form 10-Q, as well as a $135 million gain on interest rate swaps and $65 million of Anadarko acquisition-related costs.