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Consolidated Balance Sheet - USD ($)
$ in Millions
Mar. 31, 2019
Dec. 31, 2018
Current Assets:    
Cash and cash equivalents $ 2,300 $ 2,694
Accounts receivable:    
From contracts with customers 868 771
Joint venture and other 248 230
Inventories 274 245
Other current assets 144 519
Total current assets 3,834 4,459
Property, plant and equipment:    
Total — at cost 33,446 33,222
Less: Reserves for depreciation, depletion, amortization and lease impairment 17,548 17,139
Property, plant and equipment — net 15,898 16,083
Operating lease right-of-use assets — net 713 0
Finance lease right-of-use assets — net 332 0
Goodwill 360 360
Deferred income taxes 22 21
Other assets 557 510
Total Assets 21,716 21,433
Current Liabilities:    
Accounts payable 399 495
Accrued liabilities 1,369 1,560
Taxes payable 89 81
Current maturities of long-term debt 12 67
Current portion of operating and finance lease obligations 402 0
Total current liabilities 2,271 2,203
Long-term debt 6,550 6,605
Long-term operating lease obligations 436 0
Long-term finance lease obligations 250 0
Deferred income taxes 420 421
Asset retirement obligations 745 741
Other liabilities and deferred credits 491 575
Total Liabilities 11,163 10,545
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 - 0 shares (2018: 574,997) 0 1
Common stock, par value $1.00; Authorized -600,000,000 shares; Issued - 304,280,819 shares (2018: 291,434,534) 304 291
Capital in excess of par value 5,481 5,386
Retained earnings 4,207 4,257
Accumulated other comprehensive income (loss) (650) (306)
Total Hess Corporation stockholders’ equity 9,342 9,629
Noncontrolling interests 1,211 1,259
Total equity 10,553 10,888
Total Liabilities and Equity $ 21,716 $ 21,433