Segment Information (Tables)

9 Months Ended

Sep. 30, 2020

Segment Reporting [Abstract]

Schedule of Financial Data by Operating Segment

The following table presents operating segment financial data:

	Exploration and Production		Midstream		Corporate, Interest and Other		Eliminations		Total
	(In millions)
For the Three Months Ended September 30, 2020
Sales and Other Operating Revenues - Third parties	$	1,159	$	—	$	—	$	—	$	1,159
Intersegment Revenues	—		264		—		(264)		—
Sales and Other Operating Revenues	$	1,159	$	264	$	—	$	(264)	$	1,159
Net Income (Loss) attributable to Hess Corporation	$	(182)	$	56	$	(117)	$	—	$	(243)
Depreciation, Depletion and Amortization	478		40		—		—		518
Provision (Benefit) for Income Taxes	6		1		(2)		—		5
Capital Expenditures	301		66		—		—		367
For the Three Months Ended September 30, 2019
Sales and Other Operating Revenues - Third parties	$	1,580	$	—	$	—	$	—	$	1,580
Intersegment Revenues	—		215		—		(215)		—
Sales and Other Operating Revenues	$	1,580	$	215	$	—	$	(215)	$	1,580
Net Income (Loss) attributable to Hess Corporation	$	(60)	$	39	$	(191)	$	—	$	(212)
Depreciation, Depletion and Amortization	507		36		1		—		544
Provision (Benefit) for Income Taxes	116		—		—		—		116
Capital Expenditures	624		112		—		—		736
For the Nine Months Ended September 30, 2020
Sales and Other Operating Revenues - Third parties	$	3,346	$	—	$	—	$	—	$	3,346
Intersegment Revenues	—		825		—		(825)		—
Sales and Other Operating Revenues	$	3,346	$	825	$	—	$	(825)	$	3,346
Net Income (Loss) attributable to Hess Corporation	$	(2,802)	$	168	$	(362)	$	—	$	(2,996)
Depreciation, Depletion and Amortization	1,469		117		2		—		1,588
Impairment	2,126		—		—		—		2,126
Provision (Benefit) for Income Taxes	(82)		5		(6)		—		(83)
Capital Expenditures	1,338		202		—		—		1,540
For the Nine Months Ended September 30, 2019
Sales and Other Operating Revenues - Third parties	$	4,812	$	—	$	—	$	—	$	4,812
Intersegment Revenues	—		595		—		(595)		—
Sales and Other Operating Revenues	$	4,812	$	595	$	—	$	(595)	$	4,812
Net Income (Loss) attributable to Hess Corporation	$	117	$	111	$	(414)	$	—	$	(186)
Depreciation, Depletion and Amortization	1,430		105		1		—		1,536
Provision (Benefit) for Income Taxes	342		—		—		—		342
Capital Expenditures	1,764		308		—		—		2,072

Identifiable assets by operating segment were as follows:

	September 30, 2020		December 31, 2019
	(In millions)
Exploration and Production	$	14,005	$	16,790
Midstream	3,594		3,499
Corporate, Interest and Other	1,370		1,493
Total	$	18,969	$	21,782