Attached files
| file | filename |
|---|---|
| 8-K - 8-K - OCCIDENTAL PETROLEUM CORP /DE/ | a12-10496_18k.htm |
| EX-99.4 - EX-99.4 - OCCIDENTAL PETROLEUM CORP /DE/ | a12-10496_1ex99d4.htm |
| EX-99.5 - EX-99.5 - OCCIDENTAL PETROLEUM CORP /DE/ | a12-10496_1ex99d5.htm |
| EX-99.1 - EX-99.1 - OCCIDENTAL PETROLEUM CORP /DE/ | a12-10496_1ex99d1.htm |
| EX-99.2 - EX-99.2 - OCCIDENTAL PETROLEUM CORP /DE/ | a12-10496_1ex99d2.htm |
EXHIBIT 99.3
Investor Relations Supplemental Schedules
Investor Relations Supplemental Schedules
Summary
($ Millions)
|
|
|
1Q 2012 |
|
1Q 2011 |
| ||
|
|
|
|
|
|
| ||
|
Core Results |
|
$1,560 |
|
$1,593 |
| ||
|
EPS - Diluted |
|
$1.92 |
|
$1.96 |
| ||
|
|
|
|
|
|
| ||
|
Reported Net Income |
|
$1,559 |
|
$1,549 |
| ||
|
EPS - Diluted |
|
$1.92 |
|
$1.90 |
| ||
|
|
|
|
|
|
| ||
|
Total Worldwide Sales Volumes (mboe/day) |
|
745 |
|
728 |
| ||
|
Total Worldwide Production Volumes (mboe/day) |
|
755 |
|
730 |
| ||
|
|
|
|
|
|
| ||
|
Total Worldwide Crude Oil Realizations ($/BBL) |
|
$107.98 |
|
$92.14 |
| ||
|
Total Worldwide NGL Realizations ($/BBL) |
|
$52.51 |
|
$52.64 |
| ||
|
Domestic Natural Gas Realizations ($/MCF) |
|
$2.84 |
|
$4.21 |
| ||
|
|
|
|
|
|
| ||
|
Wtd. Average Basic Shares O/S (mm) |
|
810.5 |
|
812.6 |
| ||
|
Wtd. Average Diluted Shares O/S (mm) |
|
811.3 |
|
813.4 |
| ||
|
|
|
|
|
|
| ||
|
Shares Outstanding (mm) |
|
811.1 |
|
812.9 |
| ||
|
|
|
|
|
|
| ||
|
Cash Flow from Operations |
|
$ |
2,800 |
|
$ |
2,200 |
|
Investor Relations Supplemental Schedules
OCCIDENTAL PETROLEUM
2012 First Quarter
Net Income (Loss)
($ millions)
|
|
|
Reported |
|
|
|
|
|
Core | |||
|
|
|
Income |
|
Significant Items Affecting Income |
|
Results | |||||
|
Oil & Gas |
|
$ |
2,504 |
|
|
|
|
|
$ |
2,504 | |
|
|
|
|
|
|
|
|
|
| |||
|
Chemical |
|
184 |
|
|
|
|
|
184 | |||
|
|
|
|
|
|
|
|
|
| |||
|
Midstream, marketing and other |
|
131 |
|
|
|
|
|
131 | |||
|
|
|
|
|
|
|
|
|
| |||
|
Corporate |
|
|
|
|
|
|
|
| |||
|
Interest expense, net |
|
(28) |
|
|
|
|
|
(28) | |||
|
|
|
|
|
|
|
|
|
| |||
|
Other |
|
(92) |
|
|
|
|
|
(92) | |||
|
|
|
|
|
|
|
|
|
| |||
|
Taxes |
|
(1,139) |
|
|
|
|
|
(1,139) | |||
|
|
|
|
|
|
|
|
|
| |||
|
Income from continuing operations |
|
1,560 |
|
- |
|
|
|
1,560 | |||
|
Discontinued operations, net of tax |
|
(1) |
|
1 |
|
Discontinued operations, net |
|
- | |||
|
Net Income |
|
$ |
1,559 |
|
$ |
1 |
|
|
|
$ |
1,560 |
|
|
|
|
|
|
|
|
|
| |||
|
Basic Earnings Per Common Share |
|
|
|
|
|
|
|
| |||
|
Income from continuing operations |
|
$ |
1.92 |
|
|
|
|
|
| ||
|
Discontinued operations, net |
|
- |
|
|
|
|
|
| |||
|
Net Income |
|
$ |
1.92 |
|
|
|
|
|
$ |
1.92 | |
|
|
|
|
|
|
|
|
|
| |||
|
Diluted Earnings Per Common Share |
|
|
|
|
|
|
|
| |||
|
Income from continuing operations |
|
$ |
1.92 |
|
|
|
|
|
| ||
|
Discontinued operations, net |
|
- |
|
|
|
|
|
| |||
|
Net Income |
|
$ |
1.92 |
|
|
|
|
|
$ |
1.92 | |
Investor Relations Supplemental Schedules
OCCIDENTAL PETROLEUM
2011 First Quarter
Net Income (Loss)
($ millions)
|
|
|
Reported |
|
|
|
|
|
Core | |||
|
|
|
Income |
|
Significant Items Affecting Income |
|
Results | |||||
|
Oil & Gas |
|
$ |
2,468 |
|
$ |
35 |
|
Libya exploration write-off |
|
$ |
2,510 |
|
|
|
|
|
(22) |
|
Gain on sale of Colombia pipeline interest |
|
| |||
|
|
|
|
|
29 |
|
Foreign Tax |
|
| |||
|
|
|
|
|
|
|
|
|
| |||
|
Chemical |
|
219 |
|
|
|
|
|
219 | |||
|
|
|
|
|
|
|
|
|
| |||
|
Midstream, marketing and other |
|
114 |
|
|
|
|
|
114 | |||
|
|
|
|
|
|
|
|
|
| |||
|
Corporate |
|
|
|
|
|
|
|
| |||
|
Interest expense, net |
|
(214) |
|
163 |
|
Premium on debt extinguishments |
|
(51) | |||
|
|
|
|
|
|
|
|
|
| |||
|
Other |
|
(128) |
|
|
|
|
|
(128) | |||
|
|
|
|
|
|
|
|
|
| |||
|
Taxes |
|
(1,054) |
|
(50) |
|
Tax effect of adjustments |
|
(1,071) | |||
|
|
|
|
|
33 |
|
State income tax charge |
|
| |||
|
|
|
|
|
|
|
|
|
| |||
|
Income from continuing operations |
|
1,405 |
|
188 |
|
|
|
1,593 | |||
|
Discontinued operations, net of tax |
|
144 |
|
(144) |
|
Discontinued operations, net |
|
- | |||
|
Net Income |
|
$ |
1,549 |
|
$ |
44 |
|
|
|
$ |
1,593 |
|
|
|
|
|
|
|
|
|
| |||
|
Basic Earnings Per Common Share |
|
|
|
|
|
|
|
| |||
|
Income from continuing operations |
|
$ |
1.72 |
|
|
|
|
|
| ||
|
Discontinued operations, net |
|
0.18 |
|
|
|
|
|
| |||
|
Net Income |
|
$ |
1.90 |
|
|
|
|
|
$ |
1.96 | |
|
|
|
|
|
|
|
|
|
| |||
|
Diluted Earnings Per Common Share |
|
|
|
|
|
| |||||
|
Income from continuing operations |
|
$ |
1.72 |
|
|
|
|
|
| ||
|
Discontinued operations, net |
|
0.18 |
|
|
|
|
|
| |||
|
Net Income |
|
$ |
1.90 |
|
|
|
|
|
$ |
1.96 | |
Investor Relations Supplemental Schedules
OCCIDENTAL PETROLEUM
Worldwide Effective Tax Rate
|
|
|
QUARTERLY | |||||||
|
|
|
2012 |
|
2011 |
|
|
2011 | ||
|
REPORTED INCOME |
|
QTR 1 |
|
QTR 4 |
|
|
QTR 1 | ||
|
Oil & Gas |
|
2,504 |
|
|
2,537 |
|
|
2,468 |
|
|
Chemicals |
|
184 |
|
|
144 |
|
|
219 |
|
|
Midstream, marketing and other |
|
131 |
|
|
70 |
|
|
114 |
|
|
Corporate & other |
|
(120 |
) |
|
(161 |
) |
|
(342 |
) |
|
Pre-tax income |
|
2,699 |
|
|
2,590 |
|
|
2,459 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Income tax expense |
|
|
|
|
|
|
|
|
|
|
Federal and state |
|
446 |
|
|
435 |
|
|
365 |
|
|
Foreign |
|
693 |
|
|
514 |
|
|
689 |
|
|
Total |
|
1,139 |
|
|
949 |
|
|
1,054 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Income from continuing operations |
|
1,560 |
|
|
1,641 |
|
|
1,405 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Worldwide effective tax rate |
|
42% |
|
37% |
|
43% | |||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2012 |
|
2011 |
|
2011 | |||
|
CORE RESULTS |
|
QTR 1 |
|
QTR 4 |
|
QTR 1 | |||
|
Oil & Gas |
|
2,504 |
|
|
2,537 |
|
|
2,510 |
|
|
Chemicals |
|
184 |
|
|
144 |
|
|
219 |
|
|
Midstream, marketing and other |
|
131 |
|
|
70 |
|
|
114 |
|
|
Corporate & other |
|
(120 |
) |
|
(161 |
) |
|
(179 |
) |
|
Pre-tax income |
|
2,699 |
|
|
2,590 |
|
|
2,664 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Income tax expense |
|
|
|
|
|
|
|
|
|
|
Federal and state |
|
446 |
|
|
435 |
|
|
395 |
|
|
Foreign |
|
693 |
|
|
514 |
|
|
676 |
|
|
Total |
|
1,139 |
|
|
949 |
|
|
1,071 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Core results |
|
1,560 |
|
|
1,641 |
|
|
1,593 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Worldwide effective tax rate |
|
42% |
|
37% |
|
40% | |||
Investor Relations Supplemental Schedules
OCCIDENTAL PETROLEUM
2012 First Quarter Net Income (Loss)
Reported Income Comparison
|
|
|
First |
|
Fourth |
|
| ||||||
|
|
|
Quarter |
|
Quarter |
|
| ||||||
|
|
|
2012 |
|
2011 |
|
B / (W) | ||||||
|
Oil & Gas |
|
$ |
2,504 |
|
|
$ |
2,537 |
|
|
$ |
(33 |
) |
|
Chemical |
|
|
184 |
|
|
|
144 |
|
|
|
40 |
|
|
Midstream, marketing and other |
|
|
131 |
|
|
|
70 |
|
|
|
61 |
|
|
Corporate |
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest expense, net |
|
|
(28 |
) |
|
|
(25 |
) |
|
|
(3 |
) |
|
Other |
|
|
(92 |
) |
|
|
(136 |
) |
|
|
44 |
|
|
Taxes |
|
|
(1,139 |
) |
|
|
(949 |
) |
|
|
(190 |
) |
|
Income from continuing operations |
|
|
1,560 |
|
|
|
1,641 |
|
|
|
(81 |
) |
|
Discontinued operations, net |
|
|
(1 |
) |
|
|
(7 |
) |
|
|
6 |
|
|
Net Income |
|
$ |
1,559 |
|
|
$ |
1,634 |
|
|
$ |
(75 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Earnings Per Common Share |
|
|
|
|
|
|
|
|
|
|
| |
|
Basic |
|
$ |
1.92 |
|
|
$ |
2.01 |
|
|
$ |
(0.09 |
) |
|
Diluted |
|
$ |
1.92 |
|
|
$ |
2.01 |
|
|
$ |
(0.09 |
) |
|
|
|
|
|
|
|
|
|
|
| |||
|
Worldwide Effective Tax Rate |
|
42% |
|
37% |
|
-5% | ||||||
|
|
|
|
|
|
|
|
|
|
| |||
OCCIDENTAL PETROLEUM
2012 First Quarter Net Income (Loss)
Core Results Comparison
|
|
|
First |
|
Fourth |
|
| ||||||
|
|
|
Quarter |
|
Quarter |
|
| ||||||
|
|
|
2012 |
|
2011 |
|
B / (W) | ||||||
|
Oil & Gas |
|
$ |
2,504 |
|
|
$ |
2,537 |
|
|
$ |
(33 |
) |
|
Chemical |
|
|
184 |
|
|
|
144 |
|
|
|
40 |
|
|
Midstream, marketing and other |
|
|
131 |
|
|
|
70 |
|
|
|
61 |
|
|
Corporate |
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest expense, net |
|
|
(28 |
) |
|
|
(25 |
) |
|
|
(3 |
) |
|
Other |
|
|
(92 |
) |
|
|
(136 |
) |
|
|
44 |
|
|
Taxes |
|
|
(1,139 |
) |
|
|
(949 |
) |
|
|
(190 |
) |
|
Core Results |
|
|
$1,560 |
|
|
$ |
1,641 |
|
|
$ |
(81 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Core Results Per Common Share |
|
|
|
|
|
|
|
|
|
|
|
|
|
Basic |
|
$ |
1.92 |
|
|
$ |
2.02 |
|
|
$ |
(0.10 |
) |
|
Diluted |
|
$ |
1.92 |
|
|
$ |
2.02 |
|
|
$ |
(0.10 |
) |
|
|
|
|
|
|
|
|
|
|
| |||
|
Worldwide Effective Tax Rate |
|
42% |
|
37% |
|
-5% | ||||||
Investor Relations Supplemental Schedules
OCCIDENTAL PETROLEUM
2012 First Quarter Net Income (Loss)
Reported Income Comparison
|
|
|
First |
|
First |
|
|
| |||
|
|
|
Quarter |
|
Quarter |
|
|
| |||
|
|
|
2012 |
|
2011 |
|
B / (W) |
| |||
|
Oil & Gas |
|
$ |
2,504 |
|
$ |
2,468 |
|
$ |
36 |
|
|
Chemical |
|
184 |
|
219 |
|
(35) |
| |||
|
Midstream, marketing and other |
|
131 |
|
114 |
|
17 |
| |||
|
Corporate |
|
|
|
|
|
|
| |||
|
Interest expense, net |
|
(28) |
|
(214) |
|
186 |
| |||
|
Other |
|
(92) |
|
(128) |
|
36 |
| |||
|
Taxes |
|
(1,139) |
|
(1,054) |
|
(85) |
| |||
|
Income from continuing operations |
|
1,560 |
|
1,405 |
|
155 |
| |||
|
Discontinued operations, net |
|
(1) |
|
144 |
|
(145) |
| |||
|
Net Income |
|
$ |
1,559 |
|
$ |
1,549 |
|
$ |
10 |
|
|
|
|
|
|
|
|
|
| |||
|
Earnings Per Common Share |
|
|
|
|
|
|
| |||
|
Basic |
|
$ |
1.92 |
|
$ |
1.90 |
|
$ |
0.02 |
|
|
Diluted |
|
$ |
1.92 |
|
$ |
1.90 |
|
$ |
0.02 |
|
|
|
|
|
|
|
|
|
| |||
|
Worldwide Effective Tax Rate |
|
42% |
|
43% |
|
1% |
| |||
OCCIDENTAL PETROLEUM
2012 First Quarter Net Income (Loss)
Core Results Comparison
|
|
|
First |
|
First |
|
|
| |||
|
|
|
Quarter |
|
Quarter |
|
|
| |||
|
|
|
2012 |
|
2011 |
|
B / (W) |
| |||
|
Oil & Gas |
|
$ |
2,504 |
|
$ |
2,510 |
|
$ |
(6) |
|
|
Chemical |
|
184 |
|
219 |
|
(35) |
| |||
|
Midstream, marketing and other |
|
131 |
|
114 |
|
17 |
| |||
|
Corporate |
|
|
|
|
|
|
| |||
|
Interest expense, net |
|
(28) |
|
(51) |
|
23 |
| |||
|
Other |
|
(92) |
|
(128) |
|
36 |
| |||
|
Taxes |
|
(1,139) |
|
(1,071) |
|
(68) |
| |||
|
Core Results |
|
$ |
1,560 |
|
$ |
1,593 |
|
$ |
(33) |
|
|
|
|
|
|
|
|
|
| |||
|
Core Results Per Common Share |
|
|
|
|
|
|
| |||
|
Basic |
|
$ |
1.92 |
|
$ |
1.96 |
|
$ |
(0.04) |
|
|
Diluted |
|
$ |
1.92 |
|
$ |
1.96 |
|
$ |
(0.04) |
|
|
|
|
|
|
|
|
|
| |||
|
Worldwide Effective Tax Rate |
|
42% |
|
40% |
|
-2% |
| |||
Investor Relations Supplemental Schedules
OCCIDENTAL PETROLEUM
SUMMARY OF OPERATING STATISTICS
|
|
|
|
|
First Quarter |
| ||
|
|
|
|
|
2012 |
|
2011 |
|
|
NET PRODUCTION PER DAY: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
United States |
|
|
|
|
|
|
|
|
Crude Oil (MBBL) |
|
|
|
|
|
|
|
|
|
|
California |
|
86 |
|
77 |
|
|
|
|
Permian |
|
139 |
|
132 |
|
|
|
|
Midcontinent and other |
|
19 |
|
13 |
|
|
|
|
Total |
|
244 |
|
222 |
|
|
NGL (MBBL) |
|
|
|
|
|
|
|
|
|
|
California |
|
15 |
|
14 |
|
|
|
|
Permian |
|
39 |
|
37 |
|
|
|
|
Midcontinent and other |
|
18 |
|
8 |
|
|
|
|
Total |
|
72 |
|
59 |
|
|
Natural Gas (MMCF) |
|
|
|
|
|
|
|
|
|
|
California |
|
267 |
|
242 |
|
|
|
|
Permian |
|
155 |
|
165 |
|
|
|
|
Midcontinent and other |
|
412 |
|
327 |
|
|
|
|
Total |
|
834 |
|
734 |
|
|
|
|
|
|
|
|
|
|
|
Latin America |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Crude Oil (MBBL) |
|
Colombia |
|
24 |
|
31 |
|
|
|
|
|
|
|
|
|
|
|
Natural Gas (MMCF) |
|
Bolivia |
|
14 |
|
16 |
|
|
|
|
|
|
|
|
|
|
|
Middle East / North Africa |
|
|
|
|
|
|
|
|
Crude Oil (MBBL) |
|
|
|
|
|
|
|
|
|
|
Bahrain |
|
4 |
|
4 |
|
|
|
|
Dolphin |
|
8 |
|
9 |
|
|
|
|
Oman |
|
64 |
|
67 |
|
|
|
|
Qatar |
|
72 |
|
75 |
|
|
|
|
Other |
|
42 |
|
57 |
|
|
|
|
Total |
|
190 |
|
212 |
|
|
NGL (MBBL) |
|
|
|
|
|
|
|
|
|
|
Dolphin |
|
9 |
|
10 |
|
|
|
|
Other |
|
- |
|
1 |
|
|
|
|
Total |
|
9 |
|
11 |
|
|
Natural Gas (MMCF) |
|
|
|
|
|
|
|
|
|
|
Bahrain |
|
219 |
|
173 |
|
|
|
|
Dolphin |
|
173 |
|
196 |
|
|
|
|
Oman |
|
57 |
|
50 |
|
|
|
|
Total |
|
449 |
|
419 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Barrels of Oil Equivalent (MBOE) |
|
|
|
755 |
|
730 |
|
Investor Relations Supplemental Schedules
OCCIDENTAL PETROLEUM
SUMMARY OF OPERATING STATISTICS
|
|
|
|
|
First Quarter | ||
|
|
|
|
|
2012 |
|
2011 |
|
NET SALES VOLUMES PER DAY: |
|
|
|
|
|
|
|
United States |
|
|
|
|
|
|
|
Crude Oil (MBBL) |
|
|
|
244 |
|
222 |
|
NGL (MBBL) |
|
|
|
72 |
|
59 |
|
Natural Gas (MMCF) |
|
|
|
834 |
|
734 |
|
|
|
|
|
|
|
|
|
Latin America |
|
|
|
|
|
|
|
Crude Oil (MBBL) |
|
|
|
24 |
|
33 |
|
Natural Gas (MMCF) |
|
|
|
14 |
|
16 |
|
|
|
|
|
|
|
|
|
Middle East / North Africa |
|
|
|
|
|
|
|
Crude Oil (MBBL) |
|
|
|
|
|
|
|
|
|
Bahrain |
|
4 |
|
4 |
|
|
|
Dolphin |
|
8 |
|
9 |
|
|
|
Oman |
|
64 |
|
71 |
|
|
|
Qatar |
|
70 |
|
76 |
|
|
|
Other |
|
34 |
|
49 |
|
|
|
Total |
|
180 |
|
209 |
|
|
|
|
|
|
|
|
|
NGL (MBBL) |
|
Dolphin |
|
9 |
|
10 |
|
|
|
|
|
|
|
|
|
Natural Gas (MMCF) |
|
|
|
449 |
|
419 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Barrels of Oil Equivalent (MBOE) |
|
|
|
745 |
|
728 |
Investor Relations Supplemental Schedules
OCCIDENTAL PETROLEUM
SUMMARY OF OPERATING STATISTICS
|
|
|
First Quarter | ||
|
|
|
2012 |
|
2011 |
|
|
|
|
|
|
|
OIL & GAS: |
|
|
|
|
|
PRICES |
|
|
|
|
|
United States |
|
|
|
|
|
Crude Oil ($/BBL) |
|
103.52 |
|
88.04 |
|
NGL ($/BBL) |
|
53.95 |
|
55.90 |
|
Natural gas ($/MCF) |
|
2.84 |
|
4.21 |
|
|
|
|
|
|
|
Latin America |
|
|
|
|
|
Crude Oil ($/BBL) |
|
103.31 |
|
92.68 |
|
Natural Gas ($/MCF) |
|
11.63 |
|
8.23 |
|
|
|
|
|
|
|
Middle East / North Africa |
|
|
|
|
|
Crude Oil ($/BBL) |
|
114.80 |
|
96.44 |
|
NGL ($/BBL) |
|
40.77 |
|
33.93 |
|
|
|
|
|
|
|
Total Worldwide |
|
|
|
|
|
Crude Oil ($/BBL) |
|
107.98 |
|
92.14 |
|
NGL ($/BBL) |
|
52.51 |
|
52.64 |
|
Natural Gas ($/MCF) |
|
2.22 |
|
3.05 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
First Quarter | ||
|
|
|
2012 |
|
2011 |
|
Exploration Expense |
|
|
|
|
|
United States |
|
$ 61 |
|
$ 40 |
|
Latin America |
|
- |
|
- |
|
Middle East / North Africa |
|
37 |
|
44 |
|
TOTAL REPORTED |
|
$ 98 |
|
$ 84 |
|
Less - non-core impairments |
|
- |
|
(35) |
|
TOTAL CORE |
|
$ 98 |
|
$ 49 |
Investor Relations Supplemental Schedules
OCCIDENTAL PETROLEUM
SUMMARY OF OPERATING STATISTICS
|
|
|
First Quarter | ||
|
Capital Expenditures ($MM) |
|
2012 |
|
2011 |
|
Oil & Gas |
|
|
|
|
|
California |
|
$ 523 |
|
$ 308 |
|
Permian |
|
429 |
|
216 |
|
Midcontinent and other |
|
424 |
|
180 |
|
Latin America |
|
42 |
|
42 |
|
Middle East / North Africa |
|
428 |
|
352 |
|
Exploration |
|
171 |
|
65 |
|
Chemicals |
|
42 |
|
22 |
|
Midstream, marketing and other |
|
332 |
|
127 |
|
Corporate |
|
21 |
|
13 |
|
TOTAL |
|
$ 2,412 |
|
$ 1,325 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Depreciation, Depletion & |
|
First Quarter | ||
|
Amortization of Assets ($MM) |
|
2012 |
|
2011 |
|
Oil & Gas |
|
|
|
|
|
Domestic |
|
$ 588 |
|
$ 407 |
|
Latin America |
|
25 |
|
28 |
|
Middle East / North Africa |
|
335 |
|
322 |
|
Chemicals |
|
85 |
|
82 |
|
Midstream, marketing and other |
|
46 |
|
45 |
|
Corporate |
|
6 |
|
6 |
|
TOTAL |
|
$ 1,085 |
|
$ 890 |