XML 20 R4.htm IDEA: XBRL DOCUMENT v3.3.1.900
Statement of Consolidated Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Revenues and Non-Operating Income      
Sales and other operating revenues $ 6,636 $ 10,737 $ 11,905
Gains on asset sales, net 51 823 2,174
Other, net (126) (121) (51)
Total revenues and non-operating income 6,561 11,439 14,028
Costs and Expenses      
Cost of products sold (excluding items shown separately below) 1,294 1,719 1,725
Operating costs and expenses 2,029 2,034 2,244
Production and severance taxes 146 275 372
Exploration expenses, including dry holes and lease impairment 881 840 1,031
General and administrative expenses 557 588 673
Interest expense 341 323 406
Depreciation, depletion and amortization 3,955 3,224 2,687
Impairment 1,616 0 289
Total costs and expenses 10,819 9,003 9,427
Income (Loss) From Continuing Operations Before Income Taxes (4,258) 2,436 4,601
Provision (benefit) for income taxes (1,299) 744 565
Income (Loss) From Continuing Operations (2,959) 1,692 4,036
Income (Loss) From Discontinued Operations, Net of Income Taxes (48) 682 1,186
Net Income (Loss) (3,007) 2,374 5,222
Less: Net income (loss) attributable to noncontrolling interests 49 57 170
Net Income (Loss) Attributable to Hess Corporation $ (3,056) $ 2,317 $ 5,052
Basic:      
Continuing operations $ (10.61) $ 5.57 $ 11.47
Discontinued operations (0.17) 2.06 3.54
Net Income (Loss) Per Share (10.78) 7.63 15.01
Diluted:      
Continuing operations (10.61) 5.50 11.33
Discontinued operations (0.17) 2.03 3.49
Net Income (Loss) Per Share $ (10.78) $ 7.53 $ 14.82
Weighted Average Number of Common Shares Outstanding (Diluted) 283.6 307.7 340.9