10-K Filing

CALIFORNIA RESOURCES CORP CIK: 1609253 FY 2016

Filing Information

Form Type	10-K
Accession Number	`0001609253-17-000047`
Period End Date	20161231
Filing Date	20170224
Fiscal Year	2016
Fiscal Period	FY
XBRL Instance	crc-20161231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 65 Income Statement 62 Cash Flow Statement 84 Stockholders Equity 23 Comprehensive Income 27

Balance Sheet 65 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, authorized shares	`PreferredStockSharesAuthorized`	20.00M	shares	Point-in-time
Preferred stock, authorized shares	`PreferredStockSharesAuthorized`	20.00M	shares	Point-in-time
Preferred stock, authorized shares	`PreferredStockSharesAuthorized`	20.00M	shares	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$12.00M	USD	Point-in-time
Preferred stock, outstanding shares	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$12.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$14.00M	USD	Point-in-time
Preferred stock, outstanding shares	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Trade receivables, net	`AccountsReceivableNetCurrent`	$200.00M	USD	Point-in-time
Common stock, authorized shares	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Trade receivables, net	`AccountsReceivableNetCurrent`	$232.00M	USD	Point-in-time
Common stock, authorized shares	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Common stock, authorized shares	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Inventories	`InventoryNet`	$58.00M	USD	Point-in-time
Inventories	`InventoryNet`	$58.00M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, outstanding shares	`CommonStockSharesOutstanding`	38.82M	shares	Point-in-time
Common stock, outstanding shares	`CommonStockSharesOutstanding`	42.54M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$168.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$123.00M	USD	Point-in-time
Common stock, outstanding shares	`CommonStockSharesOutstanding`	38.56M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$425.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$438.00M	USD	Point-in-time
PROPERTY, PLANT AND EQUIPMENT	`PropertyPlantAndEquipmentGross`	$20.91B	USD	Point-in-time
PROPERTY, PLANT AND EQUIPMENT	`PropertyPlantAndEquipmentGross`	$21.00B	USD	Point-in-time
Accumulated depreciation, depletion and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$15.03B	USD	Point-in-time
Accumulated depreciation, depletion and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$14.68B	USD	Point-in-time
Total property, plant, equipment	`PropertyPlantAndEquipmentNet`	$6.31B	USD	Point-in-time
Total property, plant, equipment	`PropertyPlantAndEquipmentNet`	$5.88B	USD	Point-in-time
OTHER ASSETS	`OtherAssetsNoncurrent`	$44.00M	USD	Point-in-time
OTHER ASSETS	`OtherAssetsNoncurrent`	$303.00M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$6.35B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$7.05B	USD	Point-in-time
Current maturities of long-term debt	`DebtInstrumentCarryingAmountCurrent`	$100.00M	USD	Point-in-time
Current maturities of long-term debt	`DebtInstrumentCarryingAmountCurrent`	$100.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$219.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$257.00M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$222.00M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$407.00M	USD	Point-in-time
Current income taxes	`TaxesPayableCurrent`	$26.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$605.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$726.00M	USD	Point-in-time
LONG-TERM DEBT - PRINCIPAL AMOUNT	`DebtInstrumentCarryingAmountNoncurrent`	$6.04B	USD	Point-in-time
LONG-TERM DEBT - PRINCIPAL AMOUNT	`DebtInstrumentCarryingAmountNoncurrent`	$5.17B	USD	Point-in-time
DEFERRED GAIN AND ISSUANCE COSTS, NET	`DeferredGainLossAndIssuanceCostsNet`	$491.00M	USD	Point-in-time
DEFERRED GAIN AND ISSUANCE COSTS, NET	`DeferredGainLossAndIssuanceCostsNet`	$397.00M	USD	Point-in-time
OTHER LONG-TERM LIABILITIES	`OtherLiabilitiesNoncurrent`	$830.00M	USD	Point-in-time
OTHER LONG-TERM LIABILITIES	`OtherLiabilitiesNoncurrent`	$620.00M	USD	Point-in-time
Preferred stock (20 million shares authorized at $0.01 par value) no shares outstanding at December 31, 2016 or 2015	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock (20 million shares authorized at $0.01 par value) no shares outstanding at December 31, 2016 or 2015	`PreferredStockValue`	-	USD	Point-in-time
Common stock (200 million shares authorized at $0.01 par value) outstanding shares (2016 - 42,542,637 shares and 2015 - 38,818,048 shares)	`CommonStockValue`	-	USD	Point-in-time
Common stock (200 million shares authorized at $0.01 par value) outstanding shares (2016 - 42,542,637 shares and 2015 - 38,818,048 shares)	`CommonStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$4.78B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$4.86B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-5.68B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-5.40B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-14.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-15.00M	USD	Point-in-time
Total equity	`StockholdersEquity`	$-557.00M	USD	Point-in-time
Total equity	`StockholdersEquity`	$-916.00M	USD	Point-in-time
TOTAL LIABILITIES AND EQUITY	`LiabilitiesAndStockholdersEquity`	$7.05B	USD	Point-in-time
TOTAL LIABILITIES AND EQUITY	`LiabilitiesAndStockholdersEquity`	$6.35B	USD	Point-in-time

Income Statement 62 line items

Line Item	Tag	Value	Unit	Period
Oil and gas net sales	`OilAndGasSalesRevenue`	$2.13B	USD	Annual
Oil and gas net sales	`OilAndGasSalesRevenue`	$1.45B	USD	Annual
Oil and gas net sales	`OilAndGasSalesRevenue`	$1.62B	USD	Annual
Oil and gas sales to related parties	`RevenueFromRelatedParties`	$2.62B	USD	Annual
Net derivative gains (losses)	`GainLossOnDerivativeInstrumentsNetPretax`	$-5.00M	USD	Annual
Net derivative gains (losses)	`GainLossOnDerivativeInstrumentsNetPretax`	$133.00M	USD	Annual
Net derivative gains (losses)	`GainLossOnDerivativeInstrumentsNetPretax`	$-206.00M	USD	Annual
Other revenue	`OtherOperatingIncome`	$136.00M	USD	Annual
Other revenue	`OtherOperatingIncome`	$132.00M	USD	Annual
Other revenue	`OtherOperatingIncome`	$114.00M	USD	Annual
Total revenues and other	`Revenues`	$4.17B	USD	Annual
Total revenues and other	`Revenues`	$2.40B	USD	Annual
Total revenues and other	`Revenues`	$1.55B	USD	Annual
Production costs	`ProductionCostsExcludingDepreciation`	$951.00M	USD	Annual
Production costs	`ProductionCostsExcludingDepreciation`	$800.00M	USD	Annual
Production costs	`ProductionCostsExcludingDepreciation`	$1.06B	USD	Annual
General and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$302.00M	USD	Annual
General and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$248.00M	USD	Annual
General and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$354.00M	USD	Annual
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$559.00M	USD	Annual
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$1.20B	USD	Annual
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$1.00B	USD	Annual
Asset impairments	`AssetImpairmentCharges`	$3.40B	USD	Annual
Asset impairments	`AssetImpairmentCharges`	$4.85B	USD	Annual
Taxes other than on income	`TaxesExcludingIncomeAndExciseTaxes`	$144.00M	USD	Annual
Taxes other than on income	`TaxesExcludingIncomeAndExciseTaxes`	$217.00M	USD	Annual
Taxes other than on income	`TaxesExcludingIncomeAndExciseTaxes`	$180.00M	USD	Annual
Exploration expense	`ExplorationExpense`	$36.00M	USD	Annual
Exploration expense	`ExplorationExpense`	$139.00M	USD	Annual
Exploration expense	`ExplorationExpense`	$23.00M	USD	Annual
Other expenses, net	`OtherExpenses`	$168.00M	USD	Annual
Other expenses, net	`OtherExpenses`	$207.00M	USD	Annual
Other expenses, net	`OtherExpenses`	$79.00M	USD	Annual
Total costs and other	`CostsAndOtherDeductions`	$6.52B	USD	Annual
Total costs and other	`CostsAndOtherDeductions`	$1.85B	USD	Annual
Total costs and other	`CostsAndOtherDeductions`	$7.54B	USD	Annual
OPERATING LOSS	`OperatingIncomeLoss`	$-5.14B	USD	Annual
OPERATING LOSS	`OperatingIncomeLoss`	$-2.35B	USD	Annual
OPERATING LOSS	`OperatingIncomeLoss`	$-306.00M	USD	Annual
Interest and debt expense, net	`InterestAndDebtExpense`	$326.00M	USD	Annual
Interest and debt expense, net	`InterestAndDebtExpense`	$328.00M	USD	Annual
Interest and debt expense, net	`InterestAndDebtExpense`	$72.00M	USD	Annual
Net gains on early extinguishment of debt	`GainLossOnRepurchaseOfDebtInstrument`	$20.00M	USD	Annual
Net gains on early extinguishment of debt	`GainLossOnRepurchaseOfDebtInstrument`	$805.00M	USD	Annual
Other non-operating income (expense)	`OtherNonoperatingIncomeExpense`	$30.00M	USD	Annual
Other non-operating income (expense)	`OtherNonoperatingIncomeExpense`	$-28.00M	USD	Annual
INCOME (LOSS) BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-5.48B	USD	Annual
INCOME (LOSS) BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$201.00M	USD	Annual
INCOME (LOSS) BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-2.42B	USD	Annual
Income tax benefit	`IncomeTaxExpenseBenefit`	$-78.00M	USD	Annual
Income tax benefit	`IncomeTaxExpenseBenefit`	$-987.00M	USD	Annual
Income tax benefit	`IncomeTaxExpenseBenefit`	$-1.92B	USD	Annual
NET INCOME (LOSS)	`NetIncomeLoss`	$-3.55B	USD	Annual
NET INCOME (LOSS)	`NetIncomeLoss`	$-1.43B	USD	Annual
NET INCOME (LOSS)	`NetIncomeLoss`	$279.00M	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$-37.54	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$-92.79	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$6.76	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-92.79	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-37.54	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$6.76	USD	Annual
Dividends per common share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.30	USD	Annual

Cash Flow Statement 84 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$-3.55B	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-1.43B	USD	Annual
Net income (loss)	`NetIncomeLoss`	$279.00M	USD	Annual
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$559.00M	USD	Annual
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$1.20B	USD	Annual
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$1.00B	USD	Annual
Asset impairments	`AssetImpairmentCharges`	$3.40B	USD	Annual
Asset impairments	`AssetImpairmentCharges`	$4.85B	USD	Annual
Deferred income tax benefit	`DeferredIncomeTaxExpenseBenefit`	$-78.00M	USD	Annual
Deferred income tax benefit	`DeferredIncomeTaxExpenseBenefit`	$-1.15B	USD	Annual
Deferred income tax benefit	`DeferredIncomeTaxExpenseBenefit`	$-2.26B	USD	Annual
Net derivative losses (gains)	`GainLossOnDerivativeInstrumentsNetPretax`	$-5.00M	USD	Annual
Net derivative losses (gains)	`GainLossOnDerivativeInstrumentsNetPretax`	$133.00M	USD	Annual
Net derivative losses (gains)	`GainLossOnDerivativeInstrumentsNetPretax`	$-206.00M	USD	Annual
Net proceeds (payments) on settled derivatives	`ReceiptPaymentOnDerivativeSettlementsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$77.00M	USD	Annual
Net proceeds (payments) on settled derivatives	`ReceiptPaymentOnDerivativeSettlementsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$81.00M	USD	Annual
Net proceeds (payments) on settled derivatives	`ReceiptPaymentOnDerivativeSettlementsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$-2.00M	USD	Annual
Net gains on early extinguishment of debt	`GainLossOnRepurchaseOfDebtInstrument`	$20.00M	USD	Annual
Net gains on early extinguishment of debt	`GainLossOnRepurchaseOfDebtInstrument`	$805.00M	USD	Annual
Deferred gain and issuance costs amortization	`AmortizationOfDeferredGainsAndDebtIssuanceCost`	$41.00M	USD	Annual
Deferred gain and issuance costs amortization	`AmortizationOfDeferredGainsAndDebtIssuanceCost`	$-7.00M	USD	Annual
Other non-cash tax provision	`OtherNoncashIncomeTaxExpense`	$310.00M	USD	Annual
Other non-cash losses in income, net	`OtherNoncashExpense`	$200.00M	USD	Annual
Other non-cash losses in income, net	`OtherNoncashExpense`	$113.00M	USD	Annual
Other non-cash losses in income, net	`OtherNoncashExpense`	$41.00M	USD	Annual
Dry hole expenses	`ExplorationAbandonmentAndImpairmentExpense`	$3.00M	USD	Annual
Dry hole expenses	`ExplorationAbandonmentAndImpairmentExpense`	$101.00M	USD	Annual
Dry hole expenses	`ExplorationAbandonmentAndImpairmentExpense`	$9.00M	USD	Annual
(Increase) decrease in receivables, net	`IncreaseDecreaseInReceivables`	$-99.00M	USD	Annual
(Increase) decrease in receivables, net	`IncreaseDecreaseInReceivables`	$33.00M	USD	Annual
(Increase) decrease in receivables, net	`IncreaseDecreaseInReceivables`	$-146.00M	USD	Annual
(Increase) decrease in inventories	`IncreaseDecreaseInInventories`	$-2.00M	USD	Annual
(Increase) decrease in other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$133.00M	USD	Annual
(Increase) decrease in other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-18.00M	USD	Annual
(Increase) decrease in other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-25.00M	USD	Annual
Increase (decrease) in accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-103.00M	USD	Annual
Increase (decrease) in accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$125.00M	USD	Annual
Increase (decrease) in accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-212.00M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$403.00M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$2.37B	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$130.00M	USD	Annual
Capital investments	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.09B	USD	Annual
Capital investments	`PaymentsToAcquirePropertyPlantAndEquipment`	$401.00M	USD	Annual
Capital investments	`PaymentsToAcquirePropertyPlantAndEquipment`	$75.00M	USD	Annual
Changes in capital investment accruals	`IncreaseDecreaseInCapitalInvestmentAccrual`	$6.00M	USD	Annual
Changes in capital investment accruals	`IncreaseDecreaseInCapitalInvestmentAccrual`	$-69.00M	USD	Annual
Changes in capital investment accruals	`IncreaseDecreaseInCapitalInvestmentAccrual`	$205.00M	USD	Annual
Asset divestitures	`ProceedsFromSaleOfProductiveAssets`	$20.00M	USD	Annual
Acquisitions and other	`PurchaseOfAssetsNet`	$151.00M	USD	Annual
Acquisitions and other	`PurchaseOfAssetsNet`	$292.00M	USD	Annual
Net cash used by investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-757.00M	USD	Annual
Net cash used by investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-61.00M	USD	Annual
Net cash used by investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-2.31B	USD	Annual
Proceeds from revolving credit facility	`ProceedsFromLinesOfCredit`	$515.00M	USD	Annual
Proceeds from revolving credit facility	`ProceedsFromLinesOfCredit`	$2.04B	USD	Annual
Proceeds from revolving credit facility	`ProceedsFromLinesOfCredit`	$2.22B	USD	Annual
Repayments of revolving credit facility	`RepaymentsOfLinesOfCredit`	$2.11B	USD	Annual
Repayments of revolving credit facility	`RepaymentsOfLinesOfCredit`	$1.66B	USD	Annual
Repayments of revolving credit facility	`RepaymentsOfLinesOfCredit`	$155.00M	USD	Annual
Issuance of senior notes	`ProceedsFromIssuanceOfSubordinatedLongTermDebt`	$5.00B	USD	Annual
Issuance of term loans	`ProceedsFromIssuanceOfSeniorLongTermDebt`	$990.00M	USD	Annual
Issuance of term loans	`ProceedsFromIssuanceOfSeniorLongTermDebt`	$1.00B	USD	Annual
Debt repurchases	`RepaymentsOfSubordinatedDebt`	$12.00M	USD	Annual
Debt repurchases	`RepaymentsOfSubordinatedDebt`	$770.00M	USD	Annual
Payments on first-lien first-out term loan	`RepaymentsOfSeniorDebt`	$350.00M	USD	Annual
Debt transaction costs	`PaymentsOfDebtIssuanceCosts`	$11.00M	USD	Annual
Debt transaction costs	`PaymentsOfDebtIssuanceCosts`	$51.00M	USD	Annual
Debt transaction costs	`PaymentsOfDebtIssuanceCosts`	$70.00M	USD	Annual
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$8.00M	USD	Annual
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$4.00M	USD	Annual
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$12.00M	USD	Annual
Distributions to Occidental, net	`PaymentsOfDistributionsToAffiliates`	$335.00M	USD	Annual
Dividends to Occidental	`DividendsPaidToParentCompany`	$-6.00B	USD	Annual
Net cash provided (used) by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-45.00M	USD	Annual
Net cash provided (used) by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-69.00M	USD	Annual
Net cash provided (used) by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$352.00M	USD	Annual
(Decrease) increase in cash and cash equivalents	`NetCashProvidedByUsedInContinuingOperations`	$-2.00M	USD	Annual
(Decrease) increase in cash and cash equivalents	`NetCashProvidedByUsedInContinuingOperations`	$14.00M	USD	Annual
Cash and cash equivalents-beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$12.00M	USD	Point-in-time
Cash and cash equivalents-beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$12.00M	USD	Point-in-time
Cash and cash equivalents-beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$14.00M	USD	Point-in-time
Cash and cash equivalents-end of year	`CashAndCashEquivalentsAtCarryingValue`	$12.00M	USD	Point-in-time
Cash and cash equivalents-end of year	`CashAndCashEquivalentsAtCarryingValue`	$12.00M	USD	Point-in-time
Cash and cash equivalents-end of year	`CashAndCashEquivalentsAtCarryingValue`	$14.00M	USD	Point-in-time

Stockholders Equity 23 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$-3.55B	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-1.43B	USD	Annual
Net income (loss)	`NetIncomeLoss`	$279.00M	USD	Annual
Non-cash contribution from Occidental	`NonCashContributionFromFormerParent`	$400.00M	USD	Annual
Distributions to Occidental	`DistributionsToFormerParent`	$335.00M	USD	Annual
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$9.99B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-916.00M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-557.00M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.61B	USD	Point-in-time
Net income (loss)	`NetIncomeLoss`	$-3.55B	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-1.43B	USD	Annual
Net income (loss)	`NetIncomeLoss`	$279.00M	USD	Annual
Net contributions from Occidental	`NetContributionsFromParent`	$56.00M	USD	Annual
Dividend to Occidental	`DividendsPaidToFormerParentCompany`	$6.00B	USD	Annual
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$9.00M	USD	Annual
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$1.00M	USD	Annual
Dividends on common stock	`DividendsCommonStockCash`	$12.00M	USD	Annual
Issuance of common stock and other, net	`IssuanceOfCommonStockAndOtherNet`	$30.00M	USD	Annual
Issuance of common stock and other, net	`IssuanceOfCommonStockAndOtherNet`	$79.00M	USD	Annual
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$9.99B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-916.00M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-557.00M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.61B	USD	Point-in-time

Comprehensive Income 27 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$-3.55B	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-1.43B	USD	Annual
Unrealized (losses) gains on derivatives, tax	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax`	$1.00M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$279.00M	USD	Annual
Unrealized (losses) gains on derivatives, tax	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax`	-	USD	Annual
Unrealized (losses) gains on derivatives, tax	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax`	-	USD	Annual
Pension and postretirement (losses) gains, tax	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax`	$1.00M	USD	Annual
Pension and postretirement (losses) gains, tax	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax`	$1.00M	USD	Annual
Pension and postretirement (losses) gains, tax	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax`	-	USD	Annual
Unrealized (losses) gains on derivatives	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-2.00M	USD	Annual
Reclassification to income of realized losses (gains) on derivatives, tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax`	-	USD	Annual
Reclassification to income of realized losses (gains) on derivatives, tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax`	$-2.00M	USD	Annual
Reclassification to income of realized losses (gains) on derivatives, tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax`	-	USD	Annual
Pension and postretirement (losses) gains	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax`	$-9.00M	USD	Annual
Pension and postretirement (losses) gains	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax`	$-1.00M	USD	Annual
Reclassification to income of realized losses (gains) on pensions, tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	-	USD	Annual
Reclassification to income of realized losses (gains) on pensions, tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	-	USD	Annual
Pension and postretirement (losses) gains	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax`	$-2.00M	USD	Annual
Reclassification to income of realized losses (gains) on pensions, tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	$-7.00M	USD	Annual
Reclassification to income of realized losses (gains) on derivatives	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$3.00M	USD	Annual
Reclassification to income of realized losses (gains) on pensions	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$11.00M	USD	Annual
Reclassification to income of realized losses (gains) on pensions	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$10.00M	USD	Annual
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$9.00M	USD	Annual
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$1.00M	USD	Annual
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$280.00M	USD	Annual
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-1.43B	USD	Annual
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-3.54B	USD	Annual

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.