Current Liabilities

Accrued Income Taxes, Current

Occidental Petroleum Accrued Income Taxes, Current increased by 933.3% to $1.64B in Q1 2026 compared to the prior quarter.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryLiquidity
SignalContext dependent
VolatilityModerate
First reportedQ4 2014
Last reportedQ1 2026May 5, 2026

How to read this metric

Fluctuations generally track with changes in taxable income and the timing of tax payments to government authorities.

Detailed definition

This represents the amount of income tax currently owed to tax authorities for the current period. It reflects the compa...

Peer comparison

Standard across all corporations; reflects the immediate cash impact of tax obligations.

Metric ID: current_liabilities_accrued_income_taxes_current

Historical Data

2 periods
 Q4 '25Q1 '26
Value$159.00M$1.64B
QoQ Change+933.3%
Range$159.00M$1.64B

Frequently Asked Questions

What is Occidental Petroleum's accrued income taxes, current?
Occidental Petroleum (OXY) reported accrued income taxes, current of $1.64B in Q1 2026.
What does accrued income taxes, current mean?
The amount of income tax the company currently owes for the year.