XML 18 R4.htm IDEA: XBRL DOCUMENT v3.19.3
Statement of Consolidated Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Revenues and Non-Operating Income        
Sales and other operating revenues $ 1,580 $ 1,793 $ 4,812 $ 4,673
Gains on asset sales, net 0 14 22 32
Other, net (65) 21 (23) 79
Total revenues and non-operating income 1,515 1,828 4,811 4,784
Costs and Expenses        
Marketing, including purchased oil and gas 423 491 1,308 1,299
Operating costs and expenses 321 266 872 842
Production and severance taxes 47 47 132 128
Exploration expenses, including dry holes and lease impairment 50 169 127 271
General and administrative expenses 90 143 266 382
Interest expense 90 99 285 300
Loss on debt extinguishment 0 0 0 53
Depreciation, depletion and amortization 544 489 1,536 1,350
Total costs and expenses 1,565 1,704 4,526 4,625
Income (Loss) Before Income Taxes (50) 124 285 159
Provision (benefit) for income taxes 116 121 342 308
Net Income (Loss) (166) 3 (57) (149)
Less: Net income (loss) attributable to noncontrolling interests 46 45 129 129
Net Income (Loss) Attributable to Hess Corporation (212) (42) (186) (278)
Less: Preferred stock dividends 0 11 4 34
Net Income (Loss) Attributable to Hess Corporation Common Stockholders $ (212) $ (53) $ (190) $ (312)
Net Income (Loss) Attributable to Hess Corporation Per Common Share:        
Basic $ (0.70) $ (0.18) $ (0.63) $ (1.04)
Diluted $ (0.70) $ (0.18) $ (0.63) $ (1.04)
Weighted Average Number of Common Shares Outstanding:        
Basic 302.5 294.3 300.7 300.4
Diluted 302.5 294.3 300.7 300.4
Common Stock Dividends Per Share $ 0.25 $ 0.25 $ 0.75 $ 0.75