REVENUE (Tables)

3 Months Ended

Mar. 31, 2024

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 months ended March 31, 2024 and 2023:

	Three months ended March 31,
millions	2024		2023
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.

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 March 31, 2024
Oil and gas
Oil	$	3,349	$	772	$	—	$	4,121
NGL	416		99		—		515
Gas	187		87		—		274
Other	5		—		—		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
millions	United States		International		Eliminations		Total
Three months ended March 31, 2023
Oil and gas
Oil	$	3,650	$	718	$	—	$	4,368
NGL	460		85		—		545
Gas	355		72		—		427
Other	(16)		1		—		(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