REVENUE (Tables)

12 Months Ended

Dec. 31, 2023

Revenue from Contract with Customer [Abstract]

Schedule of reconciliation of revenue from customers to total net sales

The following table reconciles revenue from customers to total net sales for the years ended December 31:

millions	2023		2022		2021
Revenue from customers	$	28,325	$	36,234	$	25,959
All other revenues (a)	(68)		400		(3)
Net sales	$	28,257	$	36,634	$	25,956

(a)Included net marketing derivatives, oil collars and calls 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 natural 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
Year ended December 31, 2023
Oil and gas
Oil	$	14,893	$	3,057	$	—	$	17,950
NGL	1,619		372		—		1,991
Gas	970		335		—		1,305
Other	36		2		—		38
Segment total	$	17,518	$	3,766	$	—	$	21,284
Chemical	$	5,002	$	313	$	—	$	5,315
Midstream and marketing	$	2,216	$	409	$	—	$	2,625
Eliminations	$	—	$	—	$	(899)	$	(899)
Consolidated	$	24,736	$	4,488	$	(899)	$	28,325
Year ended December 31, 2022
Oil and gas
Oil	$	17,421	$	3,935	$	—	$	21,356
NGL	2,631		421		—		3,052
Gas	2,422		311		—		2,733
Other	20		4		—		24
Segment total	$	22,494	$	4,671	$	—	$	27,165
Chemical	$	6,359	$	379	$	—	$	6,738
Midstream and marketing	$	3,167	$	588	$	—	$	3,755
Eliminations	$	—	$	—	$	(1,424)	$	(1,424)
Consolidated	$	32,020	$	5,638	$	(1,424)	$	36,234
Year ended December 31, 2021
Oil and gas
Oil	$	12,072	$	2,844	$	—	$	14,916
NGL	2,203		325		—		2,528
Gas	1,524		291		—		1,815
Other	24		2		—		26
Segment total	$	15,823	$	3,462	$	—	$	19,285
Chemical	$	4,995	$	248	$	—	$	5,243
Midstream and marketing	$	1,969	$	556	$	—	$	2,525
Eliminations	$	—	$	—	$	(1,094)	$	(1,094)
Consolidated	$	22,787	$	4,266	$	(1,094)	$	25,959