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Consolidated Balance Sheet - USD ($)
$ in Millions
Mar. 31, 2020
Dec. 31, 2019
Current Assets:    
Cash and cash equivalents $ 2,080 $ 1,545
Accounts receivable:    
From contracts with customers 600 940
Joint venture and other 194 230
Crude oil derivative contracts 1,098 125
Inventories 230 261
Other current assets 68 55
Total current assets 4,270 3,156
Property, plant and equipment:    
Total — at cost 31,704 35,820
Less: Reserves for depreciation, depletion, amortization and lease impairment 16,893 19,006
Property, plant and equipment — net 14,811 16,814
Operating lease right-of-use assets — net 386 447
Finance lease right-of-use assets — net 187 299
Goodwill 360 360
Deferred income taxes 77 80
Other assets 626 626
Total Assets 20,717 21,782
Current Liabilities:    
Accounts payable 431 411
Accrued liabilities 1,334 1,803
Taxes payable 33 97
Current maturities of long-term debt 3 0
Current portion of operating and finance lease obligations 146 199
Total current liabilities 1,947 2,510
Long-term debt 8,191 7,142
Long-term operating lease obligations 357 353
Long-term finance lease obligations 233 238
Deferred income taxes 328 415
Asset retirement obligations 929 897
Other liabilities and deferred credits 554 521
Total Liabilities 12,539 12,076
Hess Corporation stockholders’ equity:    
Common stock, par value $1.00; Authorized — 600,000,000 shares Issued — 307,158,340 shares (2019: 304,955,472) 307 305
Capital in excess of par value 5,633 5,591
Retained earnings 1,021 3,535
Accumulated other comprehensive income (loss) 239 (699)
Total Hess Corporation stockholders’ equity 7,200 8,732
Noncontrolling interests 978 974
Total equity 8,178 9,706
Total Liabilities and Equity $ 20,717 $ 21,782