Segment Information

3 Months Ended

Mar. 31, 2018

Segment Reporting [Abstract]

Segment Information

11.  Segment Information

The Corporation has two operating segments, Exploration and Production and Midstream.  All unallocated costs are reflected under Corporate, Interest and Other.  The following table presents operating segment financial data:

	Exploration and Production			Midstream		Corporate, Interest and Other			Eliminations			Total
	(In Millions)
For the Three Months Ended March 31, 2018
Sales and Other Operating Revenues - Third-parties	$	1,346		$	—	$	—		$	—		$	1,346
Intersegment Revenues		—			167		—			(167	)		—
Sales and Other Operating Revenues	$	1,346		$	167	$	—		$	(167	)	$	1,346
Net Income (Loss) attributable to Hess Corporation	$	(25	)	$	28	$	(109	)	$	—		$	(106	)
Depreciation, Depletion and Amortization		385			31		1			—			417
Provision (Benefit) for Income Taxes		95			9		(31	)		—			73
Capital Expenditures		354			37		—			—			391
For the Three Months Ended March 31, 2017
Sales and Other Operating Revenues - Third-parties	$	1,256		$	2	$	—		$	—		$	1,258
Intersegment Revenues		—			147		—			(147	)		—
Sales and Other Operating Revenues	$	1,256		$	149	$	—		$	(147	)	$	1,258
Net Income (Loss) attributable to Hess Corporation	$	(233	)	$	18	$	(109	)	$	—		$	(324	)
Depreciation, Depletion and Amortization		703			32		2			—			737
Provision (Benefit) for Income Taxes		(20	)		11		(4	)		—			(13	)
Capital Expenditures		342			28		—			—			370

Identifiable assets by operating segment were as follows:

	March 31,		December 31,
	2018		2017
	(In millions)
Exploration and Production	$	15,624	$	15,613
Midstream		3,375		3,329
Corporate, Interest and Other		3,073		4,170
Total	$	22,072	$	23,112