Long-Term Debt (Tables)

6 Months Ended

Jun. 30, 2022

The following table summarizes Occidental's outstanding debt, including finance lease liabilities:


millions	June 30, 2022		December 31, 2021
Total borrowings at face value	$	20,361	$	28,493
Adjustments to book value:
Unamortized premium, net	1,289		670
Debt issuance costs	(88)		(135)
Net book value of debt	$	21,562	$	29,028
Long-term finance leases	543		504
Current finance leases	97		85
Total debt and finance leases	$	22,202	$	29,617
Less current maturities of financing leases	(97)		(85)
Less current maturities of long-term debt	(362)		(101)
Long-term debt, net	$	21,743	$	29,431

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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+ Details