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Statement of Consolidated Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Revenues and Non-Operating Income        
Sales and other operating revenues $ 1,216 $ 1,224 $ 2,493 $ 2,197
Other, net 12 45 10 65
Total revenues and non-operating income 1,228 1,269 2,503 2,262
Costs and Expenses        
Cost of products sold (excluding items shown separately below) 272 277 491 466
Operating costs and expenses 375 455 734 891
Production and severance taxes 30 28 61 47
Exploration expenses, including dry holes and lease impairment 53 199 111 331
General and administrative expenses 100 106 196 204
Interest expense 82 85 166 170
Depreciation, depletion and amortization 741 797 1,478 1,665
Total costs and expenses 1,653 1,947 3,237 3,774
Income (Loss) Before Income Taxes (425) (678) (734) (1,512)
Provision (benefit) for income taxes (8) (305) (21) (651)
Net Income (Loss) (417) (373) (713) (861)
Less: Net income (loss) attributable to noncontrolling interests 32 19 60 40
Net Income (Loss) Attributable to Hess Corporation (449) (392) (773) (901)
Less: Preferred stock dividends 11 12 23 18
Net Income (Loss) Attributable to Hess Corporation Common Stockholders $ (460) $ (404) $ (796) $ (919)
Net Income (Loss) Attributable to Hess Corporation Per Common Share:        
Basic $ (1.46) $ (1.29) $ (2.53) $ (3.00)
Diluted $ (1.46) $ (1.29) $ (2.53) $ (3.00)
Weighted Average Number of Common Shares Outstanding (Diluted) 314.4 313.2 314.2 306.5
Common Stock Dividends Per Share $ 0.25 $ 0.25 $ 0.50 $ 0.50