Segment Information (Tables)

6 Months Ended

Jun. 30, 2019

Segment Reporting [Abstract]

Financial Data and Identifiable Assets by Operating Segment

	Exploration and Production		Midstream		Corporate, Interest and Other			Eliminations			Total
	(In millions)
For the Three Months Ended June 30, 2019
Sales and Other Operating Revenues - Third parties	$	1,660	$	—	$	—		$	—		$	1,660
Intersegment Revenues		—		190		—			(190	)		—
Sales and Other Operating Revenues	$	1,660	$	190	$	—		$	(190	)	$	1,660
Net Income (Loss) attributable to Hess Corporation	$	68	$	35	$	(109	)	$	—		$	(6	)
Depreciation, Depletion and Amortization		459		35		—			—			494
Provision (Benefit) for Income Taxes (a)		131		—		1			—			132
Capital Expenditures		625		69		—			—			694
For the Three Months Ended June 30, 2018
Sales and Other Operating Revenues - Third parties	$	1,534	$	—	$	—		$	—		$	1,534
Intersegment Revenues		—		176		—			(176	)		—
Sales and Other Operating Revenues	$	1,534	$	176	$	—		$	(176	)	$	1,534
Net Income (Loss) attributable to Hess Corporation	$	31	$	30	$	(191	)	$	—		$	(130	)
Depreciation, Depletion and Amortization		407		31		6			—			444
Provision (Benefit) for Income Taxes (a)		105		9		—			—			114
Capital Expenditures		486		84		—			—			570
For the Six Months Ended June 30, 2019
Sales and Other Operating Revenues - Third parties	$	3,232	$	—	$	—		$	—		$	3,232
Intersegment Revenues		—		380		—			(380	)		—
Sales and Other Operating Revenues	$	3,232	$	380	$	—		$	(380	)	$	3,232
Net Income (Loss) attributable to Hess Corporation	$	177	$	72	$	(223	)	$	—		$	26
Depreciation, Depletion and Amortization		923		69		—			—			992
Provision (Benefit) for Income Taxes (a)		226		—		—			—			226
Capital Expenditures		1,140		196		—			—			1,336
For the Six Months Ended June 30, 2018
Sales and Other Operating Revenues - Third parties	$	2,880	$	—	$	—		$	—		$	2,880
Intersegment Revenues		—		343		—			(343	)		—
Sales and Other Operating Revenues	$	2,880	$	343	$	—		$	(343	)	$	2,880
Net Income (Loss) attributable to Hess Corporation	$	6	$	58	$	(300	)	$	—		$	(236	)
Depreciation, Depletion and Amortization		792		62		7			—			861
Provision (Benefit) for Income Taxes (a)		200		18		(31	)		—			187
Capital Expenditures		840		121		—			—			961

(a) Commencing January 1, 2019, management changed its measurement of segment earnings to reflect income taxes on a post U.S. tax consolidation and valuation allowance assessment basis.  In 2018, the provision for income taxes in the Midstream segment was presented before consolidating its operations with other U.S. activities of the Corporation and prior to evaluating realizability of net U.S. deferred taxes.  An offsetting impact was presented in the E&P segment.  If 2018 segment results were prepared on a basis consistent with 2019, in the three and six months ended June 30, 2018, Midstream segment net income attributable to Hess Corporation would have been $39 million and $76 million, respectively, and E&P segment net income (loss) attributable to Hess Corporation would have been income of $22 million and a loss of $12 million, respectively.

Identifiable assets by operating segment were as follows:

	June 30,		December 31,
	2019		2018
	(In millions)
Exploration and Production	$	16,572	$	16,109
Midstream		3,337		3,285
Corporate, Interest and Other		1,786		2,039
Total	$	21,695	$	21,433