REVENUE (Tables)

9 Months Ended

Sep. 30, 2023

Revenue from Contract with Customer [Abstract]

Schedule of Reconciliation of Revenue from Customers to Total Net Sales

The following table shows a reconciliation of revenue from customers to total net sales for the three and nine months ended September 30, 2023 and 2022:

	Three months ended September 30,				Nine months ended September 30,
millions	2023		2022		2023		2022
Revenue from customers	$	7,271	$	9,359	$	20,987	$	27,923
All other revenues (a)	(113)		31		98		492
Net sales	$	7,158	$	9,390	$	21,085	$	28,415

(a)    Includes net marketing derivatives and chemical exchange contracts.

Schedule of Revenue from Customers by Segment, Product, and Geographical Area

The table below presents Occidental's revenue from customers by segment, product and geographical area. The oil and gas segment typically sells its oil, NGL and gas at the lease or concession area. Chemical segment revenues are shown by geographic area based on the location of the sale. Excluding net marketing revenue, midstream and marketing segment revenues are shown by the location of sale:

millions	United States		International		Eliminations		Total
Three months ended September 30, 2023
Oil and gas
Oil	$	3,997	$	742	$	—	$	4,739
NGL	419		91		—		510
Gas	221		87		—		308
Other	37		—		—		37
Segment total	$	4,674	$	920	$	—	$	5,594
Chemical	$	1,234	$	74	$	—	$	1,308
Midstream and marketing	$	563	$	103	$	—	$	666
Eliminations	$	—	$	—	$	(297)	$	(297)
Consolidated	$	6,471	$	1,097	$	(297)	$	7,271
millions	United States		International		Eliminations		Total
Three months ended September 30, 2022
Oil and gas
Oil	$	4,369	$	1,061	$	—	$	5,430
NGL	658		127		—		785
Gas	786		88		—		874
Other	8		1		—		9
Segment total	$	5,821	$	1,277	$	—	$	7,098
Chemical	$	1,572	$	102	$	—	$	1,674
Midstream and marketing	$	859	$	132	$	—	$	991
Eliminations	$	—	$	—	$	(404)	$	(404)
Consolidated	$	8,252	$	1,511	$	(404)	$	9,359

millions	United States		International		Eliminations		Total
Nine months ended September 30, 2023
Oil and gas
Oil	$	11,093	$	2,255	$	—	$	13,348
NGL	1,231		266		—		1,497
Gas	737		246		—		983
Other	31		1		—		32
Segment total	$	13,092	$	2,768	$	—	$	15,860
Chemical	$	3,834	$	250	$	—	$	4,084
Midstream and marketing	$	1,524	$	302	$	—	$	1,826
Eliminations	$	—	$	—	$	(783)	$	(783)
Consolidated	$	18,450	$	3,320	$	(783)	$	20,987

        

millions	United States		International		Eliminations		Total
Nine months ended September 30, 2022
Oil and gas
Oil	$	13,311	$	2,958	$	—	$	16,269
NGL	2,139		302		—		2,441
Gas	1,916		225		—		2,141
Other	15		3		—		18
Segment total	$	17,381	$	3,488	$	—	$	20,869
Chemical	$	4,984	$	281	$	—	$	5,265
Midstream and marketing	$	2,410	$	478	$	—	$	2,888
Eliminations	$	—	$	—	$	(1,099)	$	(1,099)
Consolidated	$	24,775	$	4,247	$	(1,099)	$	27,923