Consolidated Balance Sheet - USD ($) $ in Millions		Dec. 31, 2016	Dec. 31, 2015
Current Assets:
Cash and cash equivalents		$ 2,732	$ 2,716
Accounts receivable
Trade		940	847
Other		86	312
Inventories		323	399
Other current assets		195	130
Total current assets		4,276	4,404
Property, plant and equipment:
Total — at cost		46,907	46,826
Less: Reserves for depreciation, depletion, amortization and lease impairment		23,312	20,474
Property, plant and equipment — net	[1]	23,595	26,352
Goodwill		375	375
Deferred income taxes		59	2,653
Other assets		316	373
Total Assets		28,621	34,157
Current Liabilities:
Accounts payable		433	457
Accrued liabilities		1,609	1,997
Taxes payable		97	88
Current maturities of long-term debt		112	86
Total current liabilities		2,251	2,628
Long-term debt		6,694	6,506
Deferred income taxes		1,144	1,334
Asset retirement obligations		1,912	2,158
Other liabilities and deferred credits		1,029	1,130
Total Liabilities		13,030	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: nil)		1	0
Common stock, par value $1.00; Authorized — 600,000,000 shares Issued — 316,523,200 shares (2015: 286,045,586)		317	286
Capital in excess of par value		5,773	4,127
Retained earnings		10,147	16,637
Accumulated other comprehensive income (loss)		(1,704)	(1,664)
Total Hess Corporation stockholders’ equity		14,534	19,386
Noncontrolling interests		1,057	1,015
Total equity		15,591	20,401
Total Liabilities and Equity		$ 28,621	$ 34,157

[1] Of the total Europe, Property, plant and equipment (net), Norway represented $3,893 million in 2016 (2015: $4,108 million).