Segment Information (Tables)

12 Months Ended

Dec. 31, 2019

Segment Reporting [Abstract]

Financial Data by Operating Segment

The following table presents operating segment financial data (in millions):

	Exploration and Production			Midstream		Corporate, Interest and Other			Eliminations			Total
2019
Sales and Other Operating Revenues - Third parties	$	6,495		$	—	$	—		$	—		$	6,495
Intersegment Revenues		—			848		—			(848	)		—
Sales and Other Operating Revenues	$	6,495		$	848	$	—		$	(848	)	$	6,495
Net Income (Loss) Attributable to Hess Corporation	$	53		$	144	$	(605	)	$	—		$	(408	)
Interest Expense		—			63		317			—			380
Depreciation, Depletion and Amortization		1,977			142		3			—			2,122
Provision (Benefit) for Income Taxes (a)		375			—		86			—			461
Investment in Affiliates		114			108		—			—			222
Identifiable Assets		16,790			3,499		1,493			—			21,782
Capital Expenditures		2,576			416		—			—			2,992
2018
Sales and Other Operating Revenues - Third parties	$	6,323		$	—	$	—		$	—		$	6,323
Intersegment Revenues		—			713		—			(713	)		—
Sales and Other Operating Revenues	$	6,323		$	713	$	—		$	(713	)	$	6,323
Net Income (Loss) Attributable to Hess Corporation	$	51		$	120	$	(453	)	$	—		$	(282	)
Interest Expense		—			60		339			—			399
Depreciation, Depletion and Amortization		1,748			127		8			—			1,883
Provision (Benefit) for Income Taxes (a)		391			38		(94	)		—			335
Investment in Affiliates		126			67		—			—			193
Identifiable Assets		16,109			3,285		2,039			—			21,433
Capital Expenditures		1,909			271		—			—			2,180
2017
Sales and Other Operating Revenues - Third parties	$	5,460		$	6	$	—		$	—		$	5,466
Intersegment Revenues		—			611		—			(611	)		—
Sales and Other Operating Revenues	$	5,460		$	617	$	—		$	(611	)	$	5,466
Net Income (Loss) Attributable to Hess Corporation	$	(3,653	)	$	42	$	(463	)	$	—		$	(4,074	)
Interest Expense		—			26		299			—			325
Depreciation, Depletion and Amortization		2,736			123		24			—			2,883
Impairment		4,203			—		—			—			4,203
Provision (Benefit) for Income Taxes (a)		(1,842	)		31		(26	)		—			(1,837	)
Capital Expenditures		1,852			121		—			—			1,973

(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 and 2017, 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 and 2017 segment results were prepared on a basis consistent with 2019, Midstream segment net income attributable to Hess Corporation would have been $158 million and $73 million, respectively, and E&P net income (loss) attributable to Hess Corporation would have been income of $13 million and a loss of $3,684 million, respectively.

Financial Information by Major Geographic Area

The following table presents financial information by major geographic area:

	United States			Europe			Africa		Asia and Other Countries			Corporate, Interest and other			Total
	(In millions)
2019
Sales and Other Operating Revenues	$	5,043		$	139		$	551	$	762		$	—		$	6,495
Net Income (Loss) Attributable to Hess Corporation		15			2			36		144			(605	)		(408	)
Depreciation, Depletion and Amortization		1,631			53			21		414			3			2,122
Provision (Benefit) for Income Taxes		—			1			425		(51	)		86			461
Identifiable Assets		14,234			1,070			399		4,586			1,493			21,782
Property, Plant and Equipment (Net)		12,182			871			350		3,399			12			16,814
Capital Expenditures		2,094			40			15		843			—			2,992
2018
Sales and Other Operating Revenues	$	4,842		$	164		$	548	$	769		$	—		$	6,323
Net Income (Loss) Attributable to Hess Corporation		131			42			36		(38	)		(453	)		(282	)
Depreciation, Depletion and Amortization		1,424			37			19		395			8			1,883
Provision (Benefit) for Income Taxes		(25	)		15			430		9			(94	)		335
Identifiable Assets		13,250			1,033			395		4,716			2,039			21,433
Property, Plant and Equipment (Net)		11,653			906			355		3,154			15			16,083
Capital Expenditures		1,543			8			9		620			—			2,180
2017
Sales and Other Operating Revenues	$	3,692		$	629		$	675	$	470		$	—		$	5,466
Net Income (Loss) Attributable to Hess Corporation		(2,433	)		(1,383	)		259		(54	)		(463	)		(4,074	)
Depreciation, Depletion and Amortization		1,942			381			263		273			24			2,883
Impairment		1,700			2,503			—		—			—			4,203
Provision (Benefit) for Income Taxes		—			(1,999	)		197		(9	)		(26	)		(1,837	)
Capital Expenditures		1,387			141			30		415			—			1,973