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REVENUE
3 Months Ended
Mar. 31, 2024
Revenue from Contract with Customer [Abstract]  
REVENUE
NOTE 2 - REVENUE

Revenue from customers is recognized when obligations under the terms of a contract with customers are satisfied; this generally occurs with the delivery of oil, NGL, gas, chemicals or services, such as transportation. As of March 31, 2024, trade receivables, net of $3.3 billion represent rights to payment for which Occidental has satisfied its obligations under a contract and its right to payment is conditioned only on the passage of time.
The following table shows a reconciliation of revenue from customers to total net sales for the three months ended March 31, 2024 and 2023:

Three months ended March 31,
millions20242023
Revenue from customers$6,731 $7,115 
All other revenues (a)
(756)110 
Net sales$5,975 $7,225 
(a)    Includes marketing and chemical other revenues.
DISAGGREGATION OF REVENUE FROM CONTRACTS WITH CUSTOMERS
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:

millionsUnited StatesInternationalEliminationsTotal
Three months ended March 31, 2024
Oil and gas
Oil$3,349 $772 $ $4,121 
NGL416 99  515 
Gas187 87  274 
Other5   5 
Segment total$3,957 $958 $ $4,915 
Chemical$1,115 $70 $ $1,185 
Midstream and marketing$760 $96 $ $856 
Eliminations$ $ $(225)$(225)
Consolidated$5,832 $1,124 $(225)$6,731 
millionsUnited StatesInternationalEliminationsTotal
Three months ended March 31, 2023
Oil and gas
Oil$3,650 $718 $— $4,368 
NGL460 85 — 545 
Gas355 72 — 427 
Other(16)— (15)
Segment total$4,449 $876 $— $5,325 
Chemical$1,308 $94 $— $1,402 
Midstream and marketing$540 $104 $— $644 
Eliminations$— $— $(256)$(256)
Consolidated$6,297 $1,074 $(256)$7,115