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STATEMENT OF CONSOLIDATED INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Revenues and Non-Operating Income        
Sales and other operating revenues $ 833 $ 1,660 $ 2,187 $ 3,232
(Gains) losses on asset sales, net 8 22 8 22
Other, net 1 15 16 42
Total revenues and non-operating income 842 1,697 2,211 3,296
Costs and Expenses        
Marketing, including purchased oil and gas 56 477 434 885
Operating costs and expenses 294 285 597 551
Production and severance taxes 16 46 58 85
Exploration expenses, including dry holes and lease impairment 31 43 220 77
General and administrative expenses 89 89 191 176
Interest expense 119 97 232 195
Depreciation, depletion and amortization 509 494 1,070 992
Impairment 0 0 2,126 0
Total costs and expenses 1,114 1,531 4,928 2,961
Income (Loss) Before Income Taxes (272) 166 (2,717) 335
Provision (benefit) for income taxes (9) 132 (88) 226
Net Income (Loss) (263) 34 (2,629) 109
Less: Net income (loss) attributable to noncontrolling interests 57 40 124 83
Net Income (Loss) Attributable to Hess Corporation (320) (6) (2,753) 26
Less: Preferred stock dividends 0 0 0 4
Net income (loss) attributable to Hess Corporation Common Stockholders $ (320) $ (6) $ (2,753) $ 22
Net Income (Loss) Attributable to Hess Corporation Per Common Share:        
Basic (in dollars per share) $ (1.05) $ (0.02) $ (9.04) $ 0.07
Diluted (in dollars per share) $ (1.05) $ (0.02) $ (9.04) $ 0.07
Weighted Average Number of Common Shares Outstanding:        
Basic (in shares) 305.0 302.2 304.5 299.8
Diluted (in shares) 305.0 302.2 304.5 302.1
Common Stock Dividends Per Share (in dollars per share) $ 0.25 $ 0.25 $ 0.50 $ 0.50