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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) (149) 0 0 0 (278) 0 (278) 129
Other comprehensive income (loss) 185 0 0 0 0 185 185 0
Share-based compensation 84 0 1 83 0 0 84 0
Dividends on preferred stock (34) 0 0 0 (34) 0 (34) 0
Dividends on common stock (228) 0 0 0 (228) 0 (228) 0
Common stock acquired and retired (1,130) 0 (20) (462) (648) 0 (1,130) 0
Noncontrolling interests, net (36) 0 0 0 0 0 0 (36)
Balance at Sep. 30, 2018 11,046 1 296 5,445 4,410 (502) 9,650 1,396
Balance at Jun. 30, 2018 11,336 1 300 5,501 4,692 (522) 9,972 1,364
Net income (loss) 3 0 0 0 (42) 0 (42) 45
Other comprehensive income (loss) 20 0 0 0 0 20 20 0
Share-based compensation 36 0 0 36 0 0 36 0
Dividends on preferred stock (11) 0 0 0 (11) 0 (11) 0
Dividends on common stock (75) 0 0 0 (75) 0 (75) 0
Common stock acquired and retired (250) 0 (4) (92) (154) 0 (250) 0
Noncontrolling interests, net (13) 0 0 0 0 0 0 (13)
Balance at Sep. 30, 2018 11,046 1 296 5,445 4,410 (502) 9,650 1,396
Balance at Dec. 31, 2018 10,888 1 291 5,386 4,257 (306) 9,629 1,259
Net income (loss) (57) 0 0 0 (186) 0 (186) 129
Other comprehensive income (loss) (470) 0 0 0 0 (470) (470) 0
Preferred stock conversion 0 (1) 12 (11) 0 0 0 0
Share-based compensation 92 0 2 90 0 0 92 0
Dividends on preferred stock (4) 0 0 0 (4) 0 (4) 0
Dividends on common stock (231) 0 0 0 (231) 0 (231) 0
Sale of water business to Hess Infrastructure Partners 0 0 0 78 0 0 78 (78)
Noncontrolling interests, net (41) 0 0 0 0 0 0 (41)
Balance at Sep. 30, 2019 10,177 0 305 5,543 3,836 (776) 8,908 1,269
Balance at Jun. 30, 2019 10,531 0 304 5,513 4,125 (648) 9,294 1,237
Net income (loss) (166) 0 0 0 (212) 0 (212) 46
Other comprehensive income (loss) (128) 0 0 0 0 (128) (128) 0
Share-based compensation 31 0 1 30 0 0 31 0
Dividends on common stock (77) 0 0 0 (77) 0 (77) 0
Noncontrolling interests, net (14) 0 0 0 0 0 0 (14)
Balance at Sep. 30, 2019 $ 10,177 $ 0 $ 305 $ 5,543 $ 3,836 $ (776) $ 8,908 $ 1,269