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Statement of Consolidated Income (Unaudited) (USD $)
In Millions, except Share data in Thousands, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
REVENUES AND NON-OPERATING INCOME        
Sales (excluding excise taxes) and other operating revenues $ 9,853 $ 7,732 $ 20,068 $ 16,991
Income (loss) from equity investments in HOVENSA L.L.C. (49) (6) (97) (91)
Other, net 2 24 350 70
Total revenues and non-operating income 9,806 7,750 20,321 16,970
COSTS AND EXPENSES        
Cost of products sold (excluding items shown separately below) 6,841 5,316 13,881 11,856
Production expenses 599 440 1,130 917
Marketing expenses 247 245 530 498
Exploration expenses, including dry holes and lease impairment 257 172 570 323
Other operating expenses 42 80 84 132
General and administrative expenses 174 159 338 314
Interest expense 97 83 196 167
Depreciation, depletion and amortization 588 558 1,146 1,100
Total costs and expenses 8,845 7,053 17,875 15,307
INCOME BEFORE INCOME TAXES 961 697 2,446 1,663
Provision for income taxes 392 301 903 699
NET INCOME 569 396 1,543 964
Less: Net income (loss) attributable to noncontrolling interests (38) 21 7 51
NET INCOME ATTRIBUTABLE TO HESS CORPORATION $ 607 $ 375 $ 1,536 $ 913
NET INCOME PER SHARE ATTRIBUTABLE TO HESS CORPORATION        
BASIC $ 1.80 $ 1.15 $ 4.56 $ 2.81
DILUTED $ 1.78 $ 1.15 $ 4.52 $ 2.79
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING (DILUTED) 340,423 327,482 339,714 327,193
COMMON STOCK DIVIDENDS PER SHARE $ 0.10 $ 0.10 $ 0.20 $ 0.20