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California Resources CRC Carbon Management — Loss on early extinguishment of debt
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Where this comes from
Reported directly by California Resources in its filing.
Tagged under the XBRL concept us-gaap:GainsLossesOnExtinguishmentOfDebt.
The source filing: California Resources’s 10-Q, filed May 6, 2026.
- Filed
- May 6, 2026, 4:34 PM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0001609253-26-000106
| Line item | Three months ended March 31, 2026 / Oil and Natural Gas | Three months ended March 31, 2026 / Carbon Management | Three months ended March 31, 2026 / Total Reportable Segments | Three months ended March 31, 2026 / Corporate/Eliminations/Other | Total |
|---|---|---|---|---|---|
| Interest expense | — | 3 | 3 | 26 | 29 |
| Loss from investment in unconsolidated subsidiaries | — | 1 | 1 | 1 | 2 |
| Net loss on natural gas purchase derivatives | — | — | — | 24 | 24 |
| Loss on early extinguishment of debt | — | — | — | 21 | 21 |
| Other non-operating expenses | — | — | — | (3) | (3) |
| Costs related to marketing of purchased commodities | — | — | — | 23 | 23 |
| Electricity generation expenses | — | — | — | 5 | 5 |
| Other segment expenses(a) | 55 | 5 | 60 | 47 | 107 |
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FAQ
- What is California Resources's carbon management — loss on early extinguishment of debt?
- California Resources (CRC) reported carbon management — loss on early extinguishment of debt of $0 in Q1 2026.
- What does carbon management — loss on early extinguishment of debt mean?
- Reflects the costs incurred when the company retires debt obligations before their scheduled maturity date within the carbon management business unit. This expense typically includes premiums paid to lenders and the write-off of unamortized debt issuance costs, signaling changes in capital structure or refinancing activities.
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