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Statement of Consolidated Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Revenues and Non-Operating Income      
Sales and other operating revenues $ 4,762 $ 6,636 $ 10,737
Gains on asset sales, net 23 51 823
Other, net 59 (126) (121)
Total revenues and non-operating income 4,844 6,561 11,439
Costs and Expenses      
Cost of products sold (excluding items shown separately below) 1,063 1,294 1,719
Operating costs and expenses 1,880 2,029 2,034
Production and severance taxes 101 146 275
Exploration expenses, including dry holes and lease impairment 1,442 881 840
General and administrative expenses 415 557 588
Interest expense 338 341 323
Loss on debt extinguishment 148 0 0
Depreciation, depletion and amortization 3,244 3,955 3,224
Impairment 67 1,616 0
Total costs and expenses 8,698 10,819 9,003
Income (Loss) from Continuing Operations Before Income Taxes (3,854) (4,258) 2,436
Provision (benefit) for income taxes 2,222 (1,299) 744
Income (Loss) from Continuing Operations (6,076) (2,959) 1,692
Income (Loss) from Discontinued Operations, Net of Income Taxes 0 (48) 682
Net Income (Loss) (6,076) (3,007) 2,374
Less: Net income (loss) attributable to noncontrolling interests 56 49 57
Net Income (Loss) Attributable to Hess Corporation (6,132) (3,056) 2,317
Less: Preferred stock dividends 41 0 0
Net Income (Loss) Applicable to Hess Corporation Common Stockholders $ (6,173) $ (3,056) $ 2,317
Net Income (Loss) Per Common Share - Basic:      
Continuing operations $ (19.92) $ (10.61) $ 5.57
Discontinued operations 0 (0.17) 2.06
Net Income (Loss) Per Common Share (19.92) (10.78) 7.63
Net Income (Loss) Per Common Share - Diluted:      
Continuing operations (19.92) (10.61) 5.50
Discontinued operations 0.00 (0.17) 2.03
Net Income (Loss) Per Common Share $ (19.92) $ (10.78) $ 7.53
Weighted Average Number of Common Shares Outstanding (Diluted) 309.9 283.6 307.7
Common Stock Dividends Per Share $ 1.00 $ 1.00 $ 1.00