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Consolidated Balance Sheet - USD ($)
$ in Millions
Jun. 30, 2018
Dec. 31, 2017
Current Assets:    
Cash and cash equivalents $ 2,908 $ 4,847
Accounts receivable:    
From contracts with customers 784 677
Joint venture and other 291 347
Inventories 231 232
Assets held for sale 421 0
Other current assets 59 54
Total current assets 4,694 6,157
Property, plant and equipment:    
Total — at cost 32,040 32,504
Less: Reserves for depreciation, depletion, amortization and lease impairment 16,171 16,312
Property, plant and equipment — net 15,869 16,192
Goodwill 360 360
Deferred income taxes 18 21
Other assets 523 382
Total Assets 21,464 23,112
Current Liabilities:    
Accounts payable 363 435
Accrued liabilities 1,446 1,337
Taxes payable 49 83
Current maturities of long-term debt 87 580
Total current liabilities 1,945 2,435
Long-term debt 6,352 6,397
Deferred income taxes 424 429
Asset retirement obligations 773 753
Other liabilities and deferred credits 634 744
Total Liabilities 10,128 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 — 299,688,199 shares (2017: 315,053,615) 300 315
Capital in excess of par value 5,501 5,824
Retained earnings 4,692 5,597
Accumulated other comprehensive income (loss) (522) (686)
Total Hess Corporation stockholders’ equity 9,972 11,051
Noncontrolling interests 1,364 1,303
Total equity 11,336 12,354
Total Liabilities and Equity $ 21,464 $ 23,112