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Statement of Consolidated Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Revenues and Non-Operating Income        
Sales and other operating revenues $ 1,534 $ 1,197 $ 2,880 $ 2,455
Gains on asset sales, net 11 2 18 2
Other, net 21 3 58 (1)
Total revenues and non-operating income 1,566 1,202 2,956 2,456
Costs and Expenses        
Marketing, including purchased oil and gas 450 253 808 453
Operating costs and expenses 288 374 576 732
Production and severance taxes 42 30 81 61
Exploration expenses, including dry holes and lease impairment 62 52 102 110
General and administrative expenses 129 95 239 190
Interest expense 98 82 201 166
Loss on debt extinguishment 26 0 53 0
Depreciation, depletion and amortization 444 741 861 1,478
Total costs and expenses 1,539 1,627 2,921 3,190
Income (Loss) Before Income Taxes 27 (425) 35 (734)
Provision (benefit) for income taxes 114 (8) 187 (21)
Net Income (Loss) (87) (417) (152) (713)
Less: Net income (loss) attributable to noncontrolling interests 43 32 84 60
Net Income (Loss) Attributable to Hess Corporation (130) (449) (236) (773)
Less: Preferred stock dividends 12 11 23 23
Net Income (Loss) Attributable to Hess Corporation Common Stockholders $ (142) $ (460) $ (259) $ (796)
Net Income (Loss) Attributable to Hess Corporation Per Common Share:        
Basic $ (0.48) $ (1.46) $ (0.85) $ (2.53)
Diluted $ (0.48) $ (1.46) $ (0.85) $ (2.53)
Weighted Average Number of Common Shares Outstanding (Diluted) 297.5 314.4 303.5 314.2
Common Stock Dividends Per Share $ 0.25 $ 0.25 $ 0.50 $ 0.50