2013 Q4 Form 10-K Financial Statement

#000079746814000011 Filed on March 03, 2014

View on sec.gov

Income Statement

Concept 2013 Q4 2013 2012 Q4
Revenue $1.905B $24.46B $6.187B
YoY Change -69.21% 1.17% 2.16%
Cost Of Revenue -$3.034B $7.562B $3.169B
YoY Change -195.74% -3.6% 11.15%
Gross Profit $4.939B $16.89B $3.018B
YoY Change 63.65% 3.46% -5.83%
Gross Profit Margin 259.27% 69.08% 48.78%
Selling, General & Admin $193.0M $2.108B $606.0M
YoY Change -68.15% 12.19% 2.36%
% of Gross Profit 3.91% 12.48% 20.08%
Research & Development -$56.00M $140.0M $82.00M
YoY Change -168.29% -28.93% 12.33%
% of Gross Profit -1.13% 0.83% 2.72%
Depreciation & Amortization $307.0M $5.347B $1.191B
YoY Change -74.22% 18.53% 26.97%
% of Gross Profit 6.22% 31.65% 39.46%
Operating Expenses $4.340B $1.801B $688.0M
YoY Change 530.81% 12.42% 3.46%
Operating Profit $599.0M $15.09B $2.330B
YoY Change -74.29% 2.49% -8.27%
Interest Expense $1.005B $1.043B -$36.00M
YoY Change -2891.67% -777.27% 16.13%
% of Operating Profit 167.78% 6.91% -1.55%
Other Income/Expense, Net
YoY Change
Pretax Income $983.0M $9.282B $543.0M
YoY Change 81.03% 25.6% -78.36%
Income Tax $432.0M $3.755B $249.0M
% Of Pretax Income 43.95% 40.45% 45.86%
Net Earnings $1.643B $5.903B $336.0M
YoY Change 388.99% 28.38% -79.44%
Net Earnings / Revenue 86.25% 24.14% 5.43%
Basic Earnings Per Share $7.33
Diluted Earnings Per Share $2.049M $7.32 $416.0K
COMMON SHARES
Basic Shares Outstanding 804.1M shares
Diluted Shares Outstanding 804.6M shares

Balance Sheet

Concept 2013 Q4 2013 2012 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.393B $3.393B $1.592B
YoY Change 113.13% 113.13% -57.89%
Cash & Equivalents $3.393B $3.393B $1.592B
Short-Term Investments
Other Short-Term Assets $1.056B $1.056B $1.640B
YoY Change -35.61% -35.61% 26.45%
Inventory $1.200B $1.200B $1.344B
Prepaid Expenses
Receivables $5.674B $5.674B $4.916B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $11.32B $11.32B $9.492B
YoY Change 19.29% 19.29% -17.76%
LONG-TERM ASSETS
Property, Plant & Equipment $55.82B $55.82B $52.06B
YoY Change 7.22% 7.22% 13.97%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $1.500B $1.459B $1.900B
YoY Change -21.05% -22.97% -9.52%
Other Assets $13.00M $13.00M
YoY Change
Total Long-Term Assets $58.12B $58.12B $54.72B
YoY Change 6.22% 6.22% 12.82%
TOTAL ASSETS
Total Short-Term Assets $11.32B $11.32B $9.492B
Total Long-Term Assets $58.12B $58.12B $54.72B
Total Assets $69.44B $69.44B $64.21B
YoY Change 8.15% 8.15% 6.94%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $5.520B $5.520B $4.708B
YoY Change 17.25% 17.25% -11.24%
Accrued Expenses $2.556B $2.145B $1.966B
YoY Change 30.01% 9.1% -22.38%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $0.00 -$600.0M
YoY Change -100.0% -100.0%
Total Short-Term Liabilities $8.434B $8.434B $7.290B
YoY Change 15.69% 15.69% -8.27%
LONG-TERM LIABILITIES
Long-Term Debt $6.939B $6.939B $7.023B
YoY Change -1.2% -1.2% 19.62%
Other Long-Term Liabilities $3.501B $3.501B $3.810B
YoY Change -8.11% -8.11% 1.33%
Total Long-Term Liabilities $10.44B $10.44B $10.83B
YoY Change -3.63% -3.63% 12.48%
TOTAL LIABILITIES
Total Short-Term Liabilities $8.434B $8.434B $7.290B
Total Long-Term Liabilities $10.44B $10.44B $10.83B
Total Liabilities $18.87B $26.32B $18.12B
YoY Change 4.14% 8.77% 3.1%
SHAREHOLDERS EQUITY
Retained Earnings $41.83B $37.99B
YoY Change 10.11% 8.1%
Common Stock $7.693B $7.619B
YoY Change 0.97% 2.09%
Preferred Stock
YoY Change
Treasury Stock (at cost) $6.095B $5.091B
YoY Change 19.72% 13.08%
Treasury Stock Shares 93.93M shares 83.29M shares
Shareholders Equity $43.13B $43.13B $40.02B
YoY Change
Total Liabilities & Shareholders Equity $69.44B $69.44B $64.21B
YoY Change 8.15% 8.15% 6.94%

Cashflow Statement

Concept 2013 Q4 2013 2012 Q4
OPERATING ACTIVITIES
Net Income $1.643B $5.903B $336.0M
YoY Change 388.99% 28.38% -79.44%
Depreciation, Depletion And Amortization $307.0M $5.347B $1.191B
YoY Change -74.22% 18.53% 26.97%
Cash From Operating Activities $2.992B $12.93B $2.813B
YoY Change 6.36% 14.28% -22.78%
INVESTING ACTIVITIES
Capital Expenditures -$806.0M $9.037B -$2.510B
YoY Change -67.89% -11.63% -1.53%
Acquisitions
YoY Change
Other Investing Activities -$618.0M $132.0M -$1.274B
YoY Change -51.49% -331.58% 47.11%
Cash From Investing Activities -$1.424B -$8.193B -$3.784B
YoY Change -62.37% -35.26% 10.81%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $913.0M
YoY Change 83.33%
Debt Paid & Issued, Net $690.0M
YoY Change
Cash From Financing Activities -1.946B -$2.933B -1.197B
YoY Change 62.57% 246.69% 146.3%
NET CHANGE
Cash From Operating Activities 2.992B $12.93B 2.813B
Cash From Investing Activities -1.424B -$8.193B -3.784B
Cash From Financing Activities -1.946B -$2.933B -1.197B
Net Change In Cash -378.0M $1.801B -2.168B
YoY Change -82.56% -182.28% 740.31%
FREE CASH FLOW
Cash From Operating Activities $2.992B $12.93B $2.813B
Capital Expenditures -$806.0M $9.037B -$2.510B
Free Cash Flow $3.798B $3.890B $5.323B
YoY Change -28.65% 258.2% -14.03%

Facts In Submission

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CY2011 us-gaap Property Plant And Equipment Additions
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680000000 USD
CY2011 us-gaap Taxes Excluding Income And Excise Taxes
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CY2012 us-gaap Exploration Expense
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CY2011Q4 us-gaap Valuation Allowances And Reserves Balance
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CY2012Q4 oxy Property Plant And Equipment Gross Oil And Gas Segment Successful Efforts Method
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CY2011Q4 oxy Valuation Allowances And Reserves Current
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CY2012Q4 oxy Valuation Allowances And Reserves Current
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CY2013Q4 oxy Valuation Allowances And Reserves Current
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CY2013 dei Entity Registrant Name
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OCCIDENTAL PETROLEUM CORP /DE/
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CY2013 dei Document Type
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CY2013 dei Document Fiscal Period Focus
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CY2010Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2011 us-gaap Dividends Common Stock Cash
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CY2012 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
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CY2013 us-gaap Increase Decrease In Accrued Income Taxes Payable
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CY2011 us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
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CY2012 oxy Estimated Period Often Taken For Investigations And Cleanup Measures For Comprehensive Environmental Response Compensation And Liability Act National Priorities List Sites Greater Than
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P10Y
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