Consolidated Balance Sheet - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
Current Assets:
Cash and cash equivalents	$ 4,847	$ 2,732
Accounts receivable
Trade	957	940
Other	67	86
Inventories	232	323
Other current assets	54	195
Total current assets	6,157	4,276
Property, plant and equipment:
Total — at cost	32,504	46,907
Less: Reserves for depreciation, depletion, amortization and lease impairment	16,312	23,312
Property, plant and equipment — net	16,192	23,595	[1]
Goodwill	360	375
Deferred income taxes	21	59
Other assets	382	316
Total Assets	23,112	28,621
Current Liabilities:
Accounts payable	435	433
Accrued liabilities	1,337	1,609
Taxes payable	83	97
Current maturities of long-term debt	580	112
Total current liabilities	2,435	2,251
Long-term debt	6,397	6,694
Deferred income taxes	429	1,144
Asset retirement obligations	753	1,912
Other liabilities and deferred credits	744	1,029
Total Liabilities	10,758	13,030
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 (2016: 575,000)	1	1
Common stock, par value $1.00; Authorized — 600,000,000 shares Issued — 315,053,615 shares (2016: 316,523,200)	315	317
Capital in excess of par value	5,824	5,773
Retained earnings	5,597	10,147
Accumulated other comprehensive income (loss)	(686)	(1,704)
Total Hess Corporation stockholders’ equity	11,051	14,534
Noncontrolling interests	1,303	1,057
Total equity	12,354	15,591
Total Liabilities and Equity	$ 23,112	$ 28,621

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