Occidental Petroleum 2015 Annual Report Download - page 28
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CONSOLIDATED RESULTS OF OPERATIONS
Revenue and Other Income Items
(in millions)
2014
2013
Net sales
$ 19,312
$ 20,170
Interest, dividends and other income
$ 130
$ 107
Gain on sale of equity investments and other
assets
$ 2,505
$ 1,175
Expense Items
(in millions)
2014
2013
Cost of sales
$ 6,803
$ 6,497
Selling, general and administrative and other
operating expenses
$ 1,503
$ 1,544
Depreciation, depletion and amortization
$ 4,261
$ 4,203
Asset impairments and related items
$ 7,379
$ 621
Taxes other than on income
$ 550
$ 564
Exploration expense
$ 150
$ 140
Interest and debt expense, net
$ 77
$ 132
Other Items
Income/(expense) (in millions)
2014
2013
Provision for income taxes
$ (1,685)
$ (3,214)
Income from equity investments
$ 331
$ 395
Discontinued operations, net
$ 760
$ 971
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