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Consolidated Balance Sheet - USD ($)
$ in Millions
Jun. 30, 2016
Dec. 31, 2015
Current Assets    
Cash and cash equivalents $ 3,095 $ 2,716
Accounts receivable    
Trade 843 847
Other 205 312
Inventories 377 399
Other current assets 111 130
Total current assets 4,631 4,404
Property, plant and equipment:    
Total — at cost 47,908 46,826
Less: Reserves for depreciation, depletion, amortization and lease impairment 22,139 20,474
Property, plant and equipment — net 25,769 26,352
Goodwill 375 375
Deferred income taxes 3,043 2,653
Other assets 416 373
Total Assets 34,234 34,157
Current Liabilities:    
Accounts payable 525 457
Accrued liabilities 1,421 1,997
Taxes payable 91 88
Current maturities of long-term debt 102 86
Total current liabilities 2,139 2,628
Long-term debt 6,450 6,506
Deferred income taxes 1,227 1,334
Asset retirement obligations 2,238 2,158
Other liabilities and deferred credits 1,006 1,130
Total liabilities 13,060 13,756
Hess Corporation stockholders’ equity    
Preferred stock Series A 8% cumulative mandatory convertible , par value $1.00. Authorized —20,000,000 shares; $1,000 per share liquidation preference; Issued — 575,000 shares (2015: 0) 1 0
Common stock, par value $1.00. Authorized — 600,000,000 shares; Issued — 316,674,357 shares (2015: 286,045,586) 317 286
Capital in excess of par value 5,741 4,127
Retained earnings 15,559 16,637
Accumulated other comprehensive income (loss) (1,499) (1,664)
Total Hess Corporation stockholders' equity 20,119 19,386
Noncontrolling interests 1,055 1,015
Total equity 21,174 20,401
Total Liabilities and Equity $ 34,234 $ 34,157