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Occidental Petroleum Corp (NYSE:OXY)
Cash Flow from Operations
$11,068 Mil (TTM As of Dec. 2014)

Cash flow from operations refers to the cash brought in through a company’'s normal business operations. It is the cash flow before any investment or financing activities. It is the cash version of net income.

For the three months ended in Dec. 2014, Occidental Petroleum Corp's Net Income From Continuing Operations was $-4,168 Mil. Its DDA was $318 Mil. Its Change In Working Capital was $1,208 Mil. Its cash flow from deferred tax was $-1,601 Mil. Its Cash Flow from Discontinued Operations was $0 Mil. Its Stock Based Compensation was $0 Mil. And its Cash Flow from Others was $7,109 Mil. In all, Occidental Petroleum Corp's Cash Flow from Operations for the three months ended in Dec. 2014 was $2,866 Mil.


Definition

Cash flow from operations refers to the cash brought in through a company’'s normal business operations. It is the cash flow before any investment or financing activities. It is the cash version of net income.

Occidental Petroleum Corp's Cash Flow from Operations for the fiscal year that ended in Dec. 2014 is calculated as:

Occidental Petroleum Corp's Cash Flow from Operations for the quarter that ended in Dec. 2014 is

Occidental Petroleum Corp Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2014 was 2697 (Mar. 2014 ) + 2867 (Jun. 2014 ) + 2638 (Sep. 2014 ) + 2866 (Dec. 2014 ) = $11,068 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

Cash flow from operations contains six items:

1. Net Income From Continuing Operations:
Net Income From Continuing Operations indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. It excludes extraordinary items, income from the cumulative effects of accounting changes, non-recurring items, income from tax loss carry forward, and preferred dividends.

Occidental Petroleum Corp's net income from continuing operations for the three months ended in Dec. 2014 was $-4,168 Mil.

2. Depreciation, Depletion and Amortization:
Depreciation is a present expense that accounts for the past cost of an asset that is now providing benefits.
Depletion and amortization are synonyms for depreciation.
Generally:
• The term “depreciation” is used when discussing man made tangible assets
• The term “depletion” is used when discussing natural tangible assets
• The term “amortization” is used when discussing intangible assets

Occidental Petroleum Corp's depreciation, depletion and amortization for the three months ended in Dec. 2014 was $318 Mil.

3. Change In Working Capital:
Working Capital is a measure of a company's short term liquidity or its ability to cover short term liabilities. It is defined as the difference between a company's current assets and current liabilities. Changes in Working Capital is reported in the cash flow statement since it is one of the major ways in which net income can differ from operating cash flow.

Occidental Petroleum Corp's change in working capital for the three months ended in Dec. 2014 was $1,208 Mil. It means Occidental Petroleum Corp's working capital increased by $1,208 Mil from Sep. 2014 to Dec. 2014 .

4. Deferred Tax:
It is the cash flow generated from deferred tax.

Occidental Petroleum Corp's cash flow from deferred tax for the three months ended in Dec. 2014 was $-1,601 Mil.

5. Cash Flow from Discontinued Operations:
Cash received by a company that comes from the sale of part of business.

Occidental Petroleum Corp's cash flow from discontinued operations for the three months ended in Dec. 2014 was $0 Mil.

6. Stock Based Compensation:
It is a way corporations use stock options to reward employees. It provides executives and employees the opportunity to share in the growth of the company and, if structured properly, can align their interests with the interests of the company's shareholders and investors, without burning the company's cash on hand.

Occidental Petroleum Corp's stock based compensation for the three months ended in Dec. 2014 was $0 Mil.

7. Cash Flow from Others:
These are cash differences caused by the change of inventory, accounts payable, accounts receivable etc. For instance, if a company pays its suppliers slower, its cash position will build up faster. If a company receives payments from its customers slower, its account receivables will rise, and its cash position will grow more slowly (or even shrink).

Occidental Petroleum Corp's cash flow from others for the three months ended in Dec. 2014 was $7,109 Mil.


Related Terms

Net Income From Continuing Operations, Depreciation, Depletion and Amortization, Change In Working Capital, Cash Flow from Discontinued Operations, Stock Based Compensation, Cash Flow from Others, Cash Flow from Investing


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Occidental Petroleum Corp Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
NetIncomeFromContinuingOperations 5,2934,1915,4006,9732,9664,6416,6404,6354,932-130
CF_DDA 1,3722,0082,3792,7102,6873,1533,5914,5114,2034,261
ChangeInWorkingCapital -144-545-652-104-1,120571168-75114792
CF_DeferredTax -5498352686594061,4361,128914-1,178
Cash Flow from Disc. Op. 14543300000000
Stock Based Compensation 0000000000
Cash Flow from Others -1,275168-3648056157954461,7892,7157,323
Cash Flow from Operations 5,3376,3536,79810,6525,8079,56612,28111,31212,77811,068

Occidental Petroleum Corp Quarterly Data

Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14
NetIncomeFromContinuingOperations 1,3793641,3591,3271,5886581,3891,4351,214-4,168
CF_DDA 1,1481,1911,2591,3031,3343071,2661,3171,360318
ChangeInWorkingCapital -513-88-22873218-49-242141-3151,208
CF_DeferredTax 461-127274361381-102198-104329-1,601
Cash Flow from Disc. Op. 0000000000
Stock Based Compensation 0000000000
Cash Flow from Others 661,47348449402,1788678507,109
Cash Flow from Operations 2,5412,8132,7123,5133,5612,9922,6972,8672,6382,866
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