Discontinued Operations (Tables)

3 Months Ended

Mar. 31, 2015

Discontinued Operations And Disposal Groups [Abstract]

Summary of Sales and Other Operating Revenues and Income (Loss) from Discontinued Operations

Sales and other operating revenues and Income (loss) from discontinued operations were as follows:

	Three Months Ended
	March 31,
	2015			2014
	(In millions)
Sales and other operating revenues	$	14		$	3,167
Income (loss) from discontinued operations before income taxes	$	(24	)	$	73
Current tax provision (benefit)		—			—
Deferred tax provision (benefit)		(11	)		16
Provision (benefit) for income taxes		(11	)		16
Income (loss) from discontinued operations, net of income taxes	$	(13	)	$	57
Less: Net income (loss) attributable to noncontrolling interests		—			35
Income (loss) from discontinued operations attributable to Hess Corporation	$	(13	)	$	22

- Definition

Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal.

+ References+ Details