Weighted Average Common Shares (Tables)

6 Months Ended

Jun. 30, 2015

Earnings Per Share [Abstract]

Net Income (Loss) and Weighted Average Number of Common Shares Used in the Computation of Basic and Diluted Earnings Per Share

The net income (loss) and weighted average number of common shares used in the basic and diluted earnings per share computations were as follows:

	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2015			2014			2015			2014
	(In millions, except per share amounts)
Net income (loss) from continuing operations attributable to Hess Corporation	$	(553	)	$	974		$	(929	)	$	1,338
Income (loss) from discontinued operations, net of income taxes		(14	)		(44	)		(27	)		13
Less: Net income (loss) attributable to noncontrolling interests		—			(1	)		—			34
Net income (loss) from discontinued operations attributable to Hess Corporation		(14	)		(43	)		(27	)		(21	)
Net income (loss) attributable to Hess Corporation	$	(567	)	$	931		$	(956	)	$	1,317
Weighted average common shares outstanding:
Basic		284.3			309.7			283.9			314.2
Effect of dilutive securities
Restricted common stock		—			1.4			—			1.5
Stock options		—			1.7			—			1.7
Performance share units		—			1.3			—			1.3
Diluted		284.3			314.1			283.9			318.7
Net income (loss) attributable to Hess Corporation per share:
Basic:
Continuing operations	$	(1.94	)	$	3.15		$	(3.27	)	$	4.26
Discontinued operations		(0.05	)		(0.14	)		(0.10	)		(0.07	)
Net income (loss) per share	$	(1.99	)	$	3.01		$	(3.37	)	$	4.19
Diluted:
Continuing operations	$	(1.94	)	$	3.10		$	(3.27	)	$	4.20
Discontinued operations		(0.05	)		(0.14	)		(0.10	)		(0.07	)
Net income (loss) per share	$	(1.99	)	$	2.96		$	(3.37	)	$	4.13