Occidental Petroleum 2012 Annual Report Download - page 47
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CASH AND CASH EQUIVALENTS
Investments
Inventories
PROPERTY, PLANT AND EQUIPMENT
Oil and Gas
In millions
2011
2010
Balance — Beginning of Year
$73
$51
Additions to capitalized exploratory well costs pending the determination of proved reserves
334
112
Reclassifications to property, plant and equipment based on the determination of proved reserves
(204)
(73)
Capitalized exploratory well costs charged to expense
(21)
(17)
Balance — End of Year
$182
$73