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Consolidated Balance Sheet - USD ($)
$ in Millions
Jun. 30, 2019
Dec. 31, 2018
Current Assets:    
Cash and cash equivalents $ 2,208 $ 2,694
Accounts receivable:    
From contracts with customers 868 771
Joint venture and other 192 230
Inventories 278 245
Other current assets 138 519
Total current assets 3,684 4,459
Property, plant and equipment:    
Total — at cost 34,098 33,222
Less: Reserves for depreciation, depletion, amortization and lease impairment 17,991 17,139
Property, plant and equipment — net 16,107 16,083
Operating lease right-of-use assets — net 615 0
Finance lease right-of-use assets — net 322 0
Goodwill 360 360
Deferred income taxes 21 21
Other assets 586 510
Total Assets 21,695 21,433
Current Liabilities:    
Accounts payable 353 495
Accrued liabilities 1,541 1,560
Taxes payable 95 81
Current maturities of long-term debt 14 67
Current portion of operating and finance lease obligations 329 0
Total current liabilities 2,332 2,203
Long-term debt 6,511 6,605
Long-term operating lease obligations 395 0
Long-term finance lease obligations 246 0
Deferred income taxes 418 421
Asset retirement obligations 738 741
Other liabilities and deferred credits 524 575
Total Liabilities 11,164 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 - 304,480,590 shares (2018: 291,434,534) 304 291
Capital in excess of par value 5,513 5,386
Retained earnings 4,125 4,257
Accumulated other comprehensive income (loss) (648) (306)
Total Hess Corporation stockholders’ equity 9,294 9,629
Noncontrolling interests 1,237 1,259
Total equity 10,531 10,888
Total Liabilities and Equity $ 21,695 $ 21,433