Equity and Comprehensive Income

6 Months Ended

Jun. 30, 2011

Equity and Comprehensive Income [Abstract]

Equity and Comprehensive Income

12. Equity and Comprehensive Income

     The table below summarizes changes in equity:

	Hess
	Stockholders’			Noncontrolling
	Equity			Interests			Total Equity
	(Millions of dollars)
Balance at January 1, 2011	$	16,689		$	120		$	16,809
Net income (loss)		1,536			7			1,543
Deferred gains (losses) on cash flow hedges, after-tax
Effect of hedge losses recognized in income		215			—			215
Net change in fair value of cash flow hedges		(6	)		—			(6	)
Change in post retirement plan liabilities, after-tax		14			—			14
Change in foreign currency translation adjustment and other		274			5			279
Comprehensive income (loss)		2,033			12			2,045
Activity related to restricted common stock awards, net		25			—			25
Employee stock options, including income tax benefits		90			—			90
Cash dividends declared		(68	)		—			(68	)
Noncontrolling interests, net		7			(4	)		3
Balance at June 30, 2011	$	18,776		$	128		$	18,904
Balance at January 1, 2010	$	13,384		$	144		$	13,528
Net income (loss)		913			51			964
Deferred gains (losses) on cash flow hedges, after-tax
Effect of hedge losses recognized in income		368			—			368
Net change in fair value of cash flow hedges		(182	)		—			(182	)
Change in post retirement plan liabilities, after-tax		15			—			15
Change in foreign currency translation adjustment and other		(129	)		(4	)		(133	)
Comprehensive income (loss)		985			47			1,032
Activity related to restricted common stock awards, net		28			—			28
Employee stock options, including income tax benefits		38			—			38
Cash dividends declared		(66	)		—			(66	)
Noncontrolling interests, net		(4	)		(26	)		(30	)
Balance at June 30, 2010	$	14,365		$	165		$	14,530