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Consolidated Balance Sheet - USD ($)
$ in Millions
Mar. 31, 2018
Dec. 31, 2017
Current Assets:    
Cash and cash equivalents $ 3,726 $ 4,847
Accounts receivable:    
From contracts with customers 729 677
Joint venture and other 268 347
Inventories 239 232
Other current assets 52 54
Total current assets 5,014 6,157
Property, plant and equipment:    
Total — at cost 32,906 32,504
Less: Reserves for depreciation, depletion, amortization and lease impairment 16,725 16,312
Property, plant and equipment — net 16,181 16,192
Goodwill 360 360
Deferred income taxes 22 21
Other assets 495 382
Total Assets 22,072 23,112
Current Liabilities:    
Accounts payable 375 435
Accrued liabilities 1,251 1,337
Taxes payable 82 83
Current maturities of long-term debt 196 580
Total current liabilities 1,904 2,435
Long-term debt 6,372 6,397
Deferred income taxes 425 429
Asset retirement obligations 774 753
Other liabilities and deferred credits 660 744
Total Liabilities 10,135 10,758
Hess Corporation stockholders’ equity:    
Preferred stock, par value $1.00; Authorized — 20,000,000 shares, Series A 8% Cumulative Mandatory Convertible; $1,000 per share liquidation preference; Issued — 575,000 shares (2017: 575,000) 1 1
Common stock, par value $1.00; Authorized — 600,000,000 shares Issued — 308,055,101 shares (2017: 315,053,615) 308 315
Capital in excess of par value 5,701 5,824
Retained earnings 5,166 5,597
Accumulated other comprehensive income (loss) (571) (686)
Total Hess Corporation stockholders’ equity 10,605 11,051
Noncontrolling interests 1,332 1,303
Total equity 11,937 12,354
Total Liabilities and Equity $ 22,072 $ 23,112