Occidental Petroleum 2014 Annual Report Download - page 60
Download and view the complete annual report
Please find page 60 of the 2014 Occidental Petroleum annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.NOTE 8 ENVIRONMENTAL LIABILITIES AND EXPENDITURES
ENVIRONMENTAL REMEDIATION
($ amounts in millions)
2013
2012
Number of
Sites
Reserve
Balance
Number of
Sites
Reserve
Balance
NPL sites
31
$ 25
35
$ 54
Third-party sites
74
83
75
84
Occidental-operated sites
20
118
22
123
Closed or non-operated Occidental sites
32
104
29
83
Total
157 $ 330 161 $ 344
(in millions)
2013
2012
Balance — Beginning of Year
$ 344
$ 360
Remediation expenses and interest accretion
60
56
Spin-off of California Resources
—
—
Payments
(74)
(72)
Balance — End of Year
$ 330
$ 344
58