Consolidated Condensed Balance Sheets - USD ($) $ in Millions	Jun. 30, 2026	Dec. 31, 2025
ASSETS
Cash and cash equivalents	$ 4,150	$ 1,968
Trade receivables, net of reserves	3,142	2,575
Joint interest receivables	902	684
Inventories	2,185	1,823
Other current assets	753	601
Current assets held for sale	0	1,176
Total current assets	11,132	8,827
Property, plant and equipment, gross	134,409	137,753
Accumulated depreciation, depletion and amortization	(71,809)	(74,110)
Total property, plant and equipment, net	62,600	63,643
Operating lease assets	829	908
Investments in unconsolidated entities	2,569	2,475
Non-current assets held for sale	0	5,344
Other long-term assets	3,228	2,989
Total non-current assets	6,626	11,716
TOTAL ASSETS	80,358	84,186
LIABILITIES
Current maturities of long-term debt	203	1,773
Accounts payable	3,572	3,285
Accrued liabilities	4,117	3,592
Liabilities held for sale	0	778
Total current liabilities	7,892	9,428
Long-term debt, net	13,540	20,623
Deferred income taxes, net	5,671	5,636
Asset retirement obligations	3,656	4,172
Non-current liabilities held for sale	0	418
Other deferred credits and liabilities	7,218	7,311
Total deferred credits and other liabilities	16,545	17,537
EQUITY
Preferred stock, at $1.00 per share par value, issued shares: 2026 — 84,897 and 2025 —84,897	8,287	8,287
Common stock, at $0.20 per share par value, authorized shares: 1.5 billion, issued shares: 2026 — 1,230,039,058 and 2025 — 1,214,337,600	246	243
Treasury stock: 2026 — 230,330,507 shares and 2025 — 228,311,184 shares	(15,714)	(15,597)
Additional paid-in capital	21,386	21,008
Retained earnings	27,350	21,891
Accumulated other comprehensive income	191	202
Total stockholders' equity	41,746	36,034
Noncontrolling interest	635	564
Total equity	42,381	36,598
Liabilities and Equity, Total	$ 80,358	$ 84,186

Deferred Credits And Other Liabilities, Noncurrent, Other

No definition available.

Name:	oxy_DeferredCreditsAndOtherLiabilitiesNoncurrentOther
Namespace Prefix:	oxy_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).