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Statement of Consolidated Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Revenues and Non-Operating Income      
Sales and other operating revenues $ 6,495 $ 6,323 $ 5,466
Gains (losses) on asset sales, net 22 32 (86)
Other, net (7) 111 11
Total revenues and non-operating income 6,510 6,466 5,391
Costs and Expenses      
Marketing, including purchased oil and gas 1,736 1,771 1,267
Operating costs and expenses 1,237 1,134 1,443
Production and severance taxes 184 171 119
Exploration expenses, including dry holes and lease impairment 233 362 507
General and administrative expenses 397 473 422
Interest expense 380 399 325
Loss on debt extinguishment 0 53 0
Depreciation, depletion and amortization 2,122 1,883 2,883
Impairment 0 0 4,203
Total costs and expenses 6,289 6,246 11,169
Income (Loss) Before Income Taxes 221 220 (5,778)
Provision (benefit) for income taxes 461 335 (1,837)
Net Income (Loss) (240) (115) (3,941)
Less: Net income (loss) attributable to noncontrolling interests 168 167 133
Net Income (Loss) Attributable to Hess Corporation (408) (282) (4,074)
Less: Preferred stock dividends 4 46 46
Net Income (Loss) Attributable to Hess Corporation Common Stockholders $ (412) $ (328) $ (4,120)
Net Income (Loss) Attributable to Hess Corporation Per Common Share      
Basic $ (1.37) $ (1.10) $ (13.12)
Diluted $ (1.37) $ (1.10) $ (13.12)
Weighted Average Number of Common Shares Outstanding (Diluted) 301.2 298.2 314.1
Common Stock Dividends Per Share $ 1.00 $ 1.00 $ 1.00