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CONSOLIDATED BALANCE SHEET - USD ($)
$ in Millions
Jun. 30, 2020
Dec. 31, 2019
Current Assets:    
Cash and cash equivalents $ 1,646 $ 1,545
Accounts receivable:    
From contracts with customers 428 940
Joint venture and other 168 230
Crude oil derivative contracts 450 125
Inventories 360 261
Other current assets 63 55
Total current assets 3,115 3,156
Property, plant and equipment:    
Total — at cost 32,209 35,820
Less: Reserves for depreciation, depletion, amortization and lease impairment 17,384 19,006
Property, plant and equipment — net 14,825 16,814
Operating lease right-of-use assets — net 344 447
Finance lease right-of-use assets — net 182 299
Goodwill 360 360
Deferred income taxes 78 80
Other assets 642 626
Total Assets 19,546 21,782
Current Liabilities:    
Accounts payable 307 411
Accrued liabilities 1,110 1,803
Taxes payable 34 97
Current maturities of long-term debt 5 0
Current portion of operating and finance lease obligations 108 199
Total current liabilities 1,564 2,510
Long-term debt 8,205 7,142
Long-term operating lease obligations 349 353
Long-term finance lease obligations 229 238
Deferred income taxes 319 415
Asset retirement obligations 944 897
Other liabilities and deferred credits 570 521
Total Liabilities 12,180 12,076
Hess Corporation stockholders’ equity:    
Common stock, par value $1.00; Authorized - 600,000,000 shares, Issued - 307,144,424 shares (2019: 304,955,472) 307 305
Capital in excess of par value 5,650 5,591
Retained earnings 625 3,535
Accumulated other comprehensive income (loss) (187) (699)
Total Hess Corporation stockholders’ equity 6,395 8,732
Noncontrolling interests 971 974
Total Equity 7,366 9,706
Total Liabilities and Equity $ 19,546 $ 21,782