Equity and Comprehensive Income (Table)

9 Months Ended

Sep. 30, 2011

Equity and Comprehensive Income [Abstract]

Equity and Comprehensive Income

	Hess
	Stockholders’			Noncontrolling
	Equity			Interests			Total Equity
	(Millions of dollars)
Balance at January 1, 2011	$	16,689		$	120		$	16,809
Net income (loss)		1,834			(24	)		1,810
Deferred gains (losses) on cash flow hedges, after-tax
Effect of hedge losses recognized in income		321			—			321
Net change in fair value of cash flow hedges		(8	)		—			(8	)
Change in post retirement plan liabilities, after-tax		22			—			22
Change in foreign currency translation adjustment and other		(43	)		3			(40	)
Comprehensive income (loss)		2,126			(21	)		2,105
Activity related to restricted common stock awards, net		39			—			39
Employee stock options, including income tax benefits		105			—			105
Cash dividends declared		(102	)		—			(102	)
Noncontrolling interests, net		(24	)		(18	)		(42	)
Balance at September 30, 2011	$	18,833		$	81		$	18,914

	Hess
	Stockholders’			Noncontrolling
	Equity			Interests			Total Equity
	(Millions of dollars)
Balance at January 1, 2010	$	13,384		$	144		$	13,528
Net income (loss)		2,067			(12	)		2,055
Deferred gains (losses) on cash flow hedges, after-tax
Effect of hedge losses recognized in income		508			—			508
Net change in fair value of cash flow hedges		(226	)		—			(226	)
Change in post retirement plan liabilities, after-tax		24			—			24
Change in foreign currency translation adjustment and other		(8	)		2			(6	)
Comprehensive income (loss)		2,365			(10	)		2,355
Activity related to restricted common stock awards, net		44			—			44
Employee stock options, including income tax benefits		54			—			54
Cash dividends declared		(98	)		—			(98	)
Noncontrolling interests, net		(19	)		(36	)		(55	)
Balance at September 30, 2010	$	15,730		$	98		$	15,828