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STATEMENT OF CONSOLIDATED EQUITY - USD ($)
$ in Millions
Total
Mandatory Convertible Preferred Stock
Common Stock
Capital in Excess of Par
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Total Hess Stockholders' Equity
Noncontrolling Interests
Balance at Dec. 31, 2018 $ 10,888 $ 1 $ 291 $ 5,386 $ 4,257 $ (306) $ 9,629 $ 1,259
Net income (loss) 109       26   26 83
Other comprehensive income (loss) (342)         (342) (342)  
Preferred stock conversion 0 (1) (12) (11)     0  
Share-based compensation 61   1 60     61  
Dividends on preferred stock (4)       (4)   (4)  
Dividends on common stock (154)       (154)   (154)  
Sale of water business to Hess Infrastructure Partners 0     78     78 (78)
Noncontrolling interests, net (27)             (27)
Balance at Jun. 30, 2019 10,531 0 304 5,513 4,125 (648) 9,294 1,237
Balance at Mar. 31, 2019 10,553 0 304 5,481 4,207 (650) 9,342 1,211
Net income (loss) 34       (6)   (6) 40
Other comprehensive income (loss) 2         2 2  
Share-based compensation 32     32     32  
Dividends on common stock (76)       (76)   (76)  
Noncontrolling interests, net (14)             (14)
Balance at Jun. 30, 2019 10,531 0 304 5,513 4,125 (648) 9,294 1,237
Balance at Dec. 31, 2019 9,706 0 305 5,591 3,535 (699) 8,732 974
Net income (loss) (2,629)       (2,753)   (2,753) 124
Other comprehensive income (loss) 512         512 512  
Share-based compensation 56   2 59 (5)   56  
Dividends on common stock (152)       (152)   (152)  
Noncontrolling interests, net (127)             (127)
Balance at Jun. 30, 2020 7,366 0 307 5,650 625 (187) 6,395 971
Balance at Mar. 31, 2020 8,178 0 307 5,633 1,021 239 7,200 978
Net income (loss) (263)       (320)   (320) 57
Other comprehensive income (loss) (426)         (426) (426)  
Share-based compensation 17   0 17 0   17  
Dividends on common stock (76)       (76)   (76)  
Noncontrolling interests, net (64)             (64)
Balance at Jun. 30, 2020 $ 7,366 $ 0 $ 307 $ 5,650 $ 625 $ (187) $ 6,395 $ 971