Valuation and Qualifying Accounts

12 Months Ended

Dec. 31, 2011

Valuation and Qualifying Accounts [Abstract]

Valuation and Qualifying Accounts

Schedule II

HESS CORPORATION AND CONSOLIDATED SUBSIDIARIES

VALUATION AND QUALIFYING ACCOUNTS

For the Years Ended December 31, 2011, 2010 and 2009

Description	Balance January 1		Additions
			Charged to Costs and Expenses		Charged to Other Accounts		Deductions from Reserves		Balance December 31
	(Millions of dollars)
2011
Losses on receivables	$	58	$	4	$	1	$	8	$	55
Deferred income tax valuation	$	444	$	648	$	—	$	21	$	1,071
2010
Losses on receivables	$	54	$	9	$	1	$	6	$	58
Deferred income tax valuation	$	500	$	135	$	—	$	191	$	444
2009
Losses on receivables	$	46	$	13	$	—	$	5	$	54
Deferred income tax valuation	$	266	$	455	$	—	$	221	$	500