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Statement of Consolidated Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Revenues and Non-Operating Income      
Sales and other operating revenues $ 5,466 $ 4,762 $ 6,636
Gains (losses) on asset sales, net (86) 23 51
Other, net 25 59 (126)
Total revenues and non-operating income 5,405 4,844 6,561
Costs and Expenses      
Marketing, including purchased oil and gas 1,267 1,063 1,294
Operating costs and expenses 1,445 1,880 2,029
Production and severance taxes 119 101 146
Exploration expenses, including dry holes and lease impairment 507 1,442 881
General and administrative expenses 434 415 557
Interest expense 325 338 341
Loss on debt extinguishment 0 148 0
Depreciation, depletion and amortization 2,883 3,244 3,955
Impairment 4,203 67 1,616
Total costs and expenses 11,183 8,698 10,819
Income (Loss) from Continuing Operations Before Income Taxes (5,778) (3,854) (4,258)
Provision (benefit) for income taxes (1,837) 2,222 (1,299)
Income (Loss) from Continuing Operations (3,941) (6,076) (2,959)
Income (Loss) from Discontinued Operations, Net of Income Taxes 0 0 (48)
Net Income (Loss) (3,941) (6,076) (3,007)
Less: Net income (loss) attributable to noncontrolling interests 133 56 49
Net Income (Loss) Attributable to Hess Corporation (4,074) (6,132) (3,056)
Less: Preferred stock dividends 46 41 0
Net Income (Loss) Attributable to Hess Corporation Common Stockholders $ (4,120) $ (6,173) $ (3,056)
Net Income (Loss) Per Common Share - Basic:      
Continuing operations $ (13.12) $ (19.92) $ (10.61)
Discontinued operations 0 0 (0.17)
Net Income (Loss) Per Common Share (13.12) (19.92) (10.78)
Net Income (Loss) Per Common Share - Diluted:      
Continuing operations (13.12) (19.92) (10.61)
Discontinued operations 0 0 (0.17)
Net Income (Loss) Per Common Share $ (13.12) $ (19.92) $ (10.78)
Weighted Average Number of Common Shares Outstanding (Diluted) 314.1 309.9 283.6
Common Stock Dividends Per Share $ 1.00 $ 1.00 $ 1.00