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Consolidated Balance Sheet - USD ($)
$ in Millions
Sep. 30, 2018
Dec. 31, 2017
Current Assets:    
Cash and cash equivalents $ 3,004 $ 4,847
Accounts receivable:    
From contracts with customers 891 677
Joint venture and other 291 347
Inventories 263 232
Other current assets 52 54
Total current assets 4,501 6,157
Property, plant and equipment:    
Total — at cost 32,619 32,504
Less: Reserves for depreciation, depletion, amortization and lease impairment 16,606 16,312
Property, plant and equipment — net 16,013 16,192
Goodwill 360 360
Deferred income taxes 10 21
Other assets 583 382
Total Assets 21,467 23,112
Current Liabilities:    
Accounts payable 383 435
Accrued liabilities 1,394 1,337
Taxes payable 96 83
Current maturities of long-term debt 85 580
Total current liabilities 1,958 2,435
Long-term debt 6,609 6,397
Deferred income taxes 425 429
Asset retirement obligations 772 753
Other liabilities and deferred credits 657 744
Total Liabilities 10,421 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 — 296,253,136 shares (2017: 315,053,615) 296 315
Capital in excess of par value 5,445 5,824
Retained earnings 4,410 5,597
Accumulated other comprehensive income (loss) (502) (686)
Total Hess Corporation stockholders’ equity 9,650 11,051
Noncontrolling interests 1,396 1,303
Total equity 11,046 12,354
Total Liabilities and Equity $ 21,467 $ 23,112