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Statement of Consolidated Equity - USD ($)
$ in Millions
Total
Mandatory Convertible Preferred Stock
Common Stock
Capital in Excess of Par
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Total Hess Stockholders' Equity
Noncontrolling Interests
Balance at Dec. 31, 2017 $ 12,354 $ 1 $ 315 $ 5,824 $ 5,597 $ (686) $ 11,051 $ 1,303
Cumulative effect of adoption of new accounting standards at Dec. 31, 2017 0 0 0 0 1 (1) 0 0
Net income (loss) (152) 0 0 0 (236) 0 (236) 84
Other comprehensive income (loss) 165 0 0 0 0 165 165 0
Share-based compensation 48 0 1 47 0 0 48 0
Dividends on preferred stock (23) 0 0 0 (23) 0 (23) 0
Dividends on common stock (153) 0 0 0 (153) 0 (153) 0
Common stock acquired and retired (880) 0 (16) (370) (494) 0 (880) 0
Noncontrolling interests, net (23) 0 0 0 0 0 0 (23)
Balance at Jun. 30, 2018 11,336 1 300 5,501 4,692 (522) 9,972 1,364
Balance at Mar. 31, 2018 11,937 1 308 5,701 5,166 (571) 10,605 1,332
Net income (loss) (87) 0 0 0 (130) 0 (130) 43
Other comprehensive income (loss) 49 0 0 0 0 49 49 0
Share-based compensation 35 0 0 35 0 0 35 0
Dividends on preferred stock (12) 0 0 0 (12) 0 (12) 0
Dividends on common stock (75) 0 0 0 (75) 0 (75) 0
Common stock acquired and retired (500) 0 (8) (235) (257) 0 (500) 0
Noncontrolling interests, net (11) 0 0 0 0 0 0 (11)
Balance at Jun. 30, 2018 11,336 1 300 5,501 4,692 (522) 9,972 1,364
Balance at Dec. 31, 2018 10,888 1 291 5,386 4,257 (306) 9,629 1,259
Net income (loss) 109 0 0 0 26 0 26 83
Other comprehensive income (loss) (342) 0 0 0 0 (342) (342) 0
Preferred stock conversion 0 (1) 12 (11) 0 0 0 0
Share-based compensation 61 0 1 60 0 0 61 0
Dividends on preferred stock (4) 0 0 0 (4) 0 (4) 0
Dividends on common stock (154) 0 0 0 (154) 0 (154) 0
Sale of water business to Hess Infrastructure Partners 0 0 0 78 0 0 78 (78)
Noncontrolling interests, net (27) 0 0 0 0 0 0 (27)
Balance at Jun. 30, 2019 10,531 0 304 5,513 4,125 (648) 9,294 1,237
Balance at Mar. 31, 2019 10,553 0 304 5,481 4,207 (650) 9,342 1,211
Net income (loss) 34 0 0 0 (6) 0 (6) 40
Other comprehensive income (loss) 2 0 0 0 0 2 2 0
Share-based compensation 32 0 0 32 0 0 32 0
Dividends on common stock (76) 0 0 0 (76) 0 (76) 0
Noncontrolling interests, net (14) 0 0 0 0 0 0 (14)
Balance at Jun. 30, 2019 $ 10,531 $ 0 $ 304 $ 5,513 $ 4,125 $ (648) $ 9,294 $ 1,237