Occidental Petroleum 2015 Annual Report Download - page 52
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Midstream and Marketing
IMPAIRMENTS AND RELATED ITEMS
For the years ended December 31, (in millions)
2014
2013
Impairments and related charges of exiting operations
(a) $ 3,253
$ 485
Impairments related to decline in commodity prices and changes in future development plans
1,381
122
Rig termination charges
—
—
Other asset impairment related charges
119
—
Impairments related to decline in commodity prices
57
—
Impairments of exiting operations
918
—
Impairments related to decline in commodity prices
91
—
Impairments of assets
149
—
Century gas processing plant
—
—
Other asset impairment related charges
40
14
Other-than-temporary impairment of investment in California Resources
553
—
Joslyn impairment
805
—
Severance, spin-off and other
13
—
$ 7,379
$ 621
(a) A portion of the 2015 charges are reported in the Midstream and Marketing segment.
49