Occidental Petroleum Corp. (OXY)

Cash Flow Statement

Difficulty: Beginner

The cash flow statement provides information about a company’s cash receipts and cash payments during an accounting period, showing how these cash flaws link the ending cash balance to the beginning balance shown on the company’s balance sheet.

The cash flow statement consists of three parts: cash flows provided by (used in) operating activities, cash flows provided by (used in) investing activities, and cash flows provided by (used in) financing activities.

Occidental Petroleum Corp., consolidated cash flow statement

US$ in millions

	12 months ended	Dec 31, 2018		Dec 31, 2017		Dec 31, 2016		Dec 31, 2015		Dec 31, 2014
	Net income (loss)
	Income (loss) from discontinued operations
	Depreciation, depletion and amortization of assets
	Deferred income tax provision (benefit)
	Other noncash charges to income
	Asset impairments and related items
	Gain on sale of equity investments and other assets, net
	Undistributed earnings from equity investments
	Dry hole expenses
	Adjustments to reconcile net income (loss) to net cash provided by operating activities
	(Increase) decrease in receivables
	(Increase) decrease in inventories
	(Increase) decrease in other current assets
	Increase (decrease) in accounts payable and accrued liabilities
	Increase (decrease) in current domestic and foreign income taxes
	Changes in operating assets and liabilities
	Other operating, net
	Net cash provided by operating activities
	Capital expenditures
	Change in capital accrual
	Payments for purchases of assets and businesses
	Sales of equity investments and assets, net
	Other, net
	Net cash used by investing activities
	Proceeds from long-term debt, net
	Payments of long-term debt
	Change in restricted cash
	Special cash distributions from California Resources
	Proceeds from issuance of common stock
	Purchases of treasury stock
	Contributions from noncontrolling interest
	Cash dividends paid
	Other, net
	Net cash provided (used) by financing activities
	Operating cash flow from discontinued operations, net of taxes
	Investing cash flow from discontinued operations
	Financing cash flow from discontinued operations
	Cash flow from discontinued operations
	Increase (decrease) in cash, cash equivalents, and restricted cash
	Cash, cash equivalents, and restricted cash, beginning of year
	Cash and cash equivalents, end of year

Based on: 10-K (filing date: 2019-02-21), 10-K (filing date: 2018-02-23), 10-K (filing date: 2017-02-23), 10-K (filing date: 2016-02-26), 10-K (filing date: 2015-02-23).

Item	Description	The company
Net cash provided by operating activities	Amount of cash inflow (outflow) from operating activities, excluding discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities.	Occidental Petroleum Corp.’s net cash provided by operating activities increased from 2016 to 2017 and from 2017 to 2018.
Net cash used by investing activities	Amount of cash inflow (outflow) of investing activities, excluding discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets.	Occidental Petroleum Corp.’s net cash used by investing activities increased from 2016 to 2017 and from 2017 to 2018.
Net cash provided (used) by financing activities	Amount of cash inflow (outflow) of financing activities, excluding discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit.	Occidental Petroleum Corp.’s net cash provided (used) by financing activities declined from 2016 to 2017 and from 2017 to 2018.

	Occidental Petroleum Corp.	Other companies (not purchased previously)
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

	All companies
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