Occidental Petroleum Corp. (OXY)

Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data

Difficulty: Beginner

The balance sheet provides creditors, investors, and analysts with information on company’s resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company’s assets as well as an indication of cash flows that may come from receivables and inventories.

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

Occidental Petroleum Corp., consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)

US$ in millions

		Jun 30, 2019		Mar 31, 2019		Dec 31, 2018		Sep 30, 2018		Jun 30, 2018		Mar 31, 2018		Dec 31, 2017		Sep 30, 2017		Jun 30, 2017		Mar 31, 2017		Dec 31, 2016		Sep 30, 2016		Jun 30, 2016		Mar 31, 2016		Dec 31, 2015		Sep 30, 2015		Jun 30, 2015		Mar 31, 2015		Dec 31, 2014		Sep 30, 2014		Jun 30, 2014		Mar 31, 2014
	Short-term borrowings
	Current maturities of long-term debt
	Current lease liabilities
	Accounts payable
	Accrued liabilities
	Domestic and foreign income taxes
	Liabilities held for sale
	Current liabilities
	Long-term debt, net, excluding current maturities
	Deferred domestic and foreign income taxes, net
	Asset retirement obligations
	Pension and postretirement obligations
	Environmental remediation reserves
	Noncurrent lease liabilities
	Other
	Deferred credits and other liabilities
	Noncurrent liabilities
	Total liabilities
	Common stock, at par value
	Treasury stock
	Additional paid-in capital
	Retained earnings
	Accumulated other comprehensive loss
	Equity attributable to common stock
	Noncontrolling interest
	Total stockholders’ equity
	Total liabilities and stockholders’ equity

Balance sheet item	Description	The company
Current liabilities	Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer.	Occidental Petroleum Corp.’s current liabilities increased from Q4 2018 to Q1 2019 and from Q1 2019 to Q2 2019.
Noncurrent liabilities	Amount of obligation due after one year or beyond the normal operating cycle, if longer.	Occidental Petroleum Corp.’s noncurrent liabilities increased from Q4 2018 to Q1 2019 but then slightly declined from Q1 2019 to Q2 2019.
Total liabilities	Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future.	Occidental Petroleum Corp.’s total liabilities increased from Q4 2018 to Q1 2019 and from Q1 2019 to Q2 2019.
Equity attributable to common stock	Total of all stockholders’ equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity’s stockholders’ equity attributable to the parent excludes the amount of stockholders’ equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity.	Occidental Petroleum Corp.’s equity attributable to common stock declined from Q4 2018 to Q1 2019 but then increased from Q1 2019 to Q2 2019 exceeding Q4 2018 level.

	Occidental Petroleum Corp.	Other companies (not purchased previously)
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Financial Statements
Common-Size Financial Statements
Ratios
Relative Valuation
Discounted Cash Flow (DCF) Valuation
Economic Value Added (EVA)
Long-term Trends
Analysis
Financial Reporting Quality

Occidental Petroleum Corp. (OXY)

Balance Sheet: Liabilities and Stockholders’ EquityQuarterly Data

Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data