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STATEMENT OF CONSOLIDATED INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Revenues and Non-Operating Income        
Sales and other operating revenues $ 1,159 $ 1,580 $ 3,346 $ 4,812
Gains on asset sales, net 0 0 8 22
Other, net 17 (65) 33 (23)
Total revenues and non-operating income 1,176 1,515 3,387 4,811
Costs and Expenses        
Marketing, including purchased oil and gas 221 423 655 1,308
Operating costs and expenses 308 321 905 872
Production and severance taxes 34 47 92 132
Exploration expenses, including dry holes and lease impairment 71 50 291 127
General and administrative expenses 84 90 275 266
Interest expense 118 90 350 285
Depreciation, depletion and amortization 518 544 1,588 1,536
Impairment 0 0 2,126 0
Total costs and expenses 1,354 1,565 6,282 4,526
Income (Loss) Before Income Taxes (178) (50) (2,895) 285
Provision (benefit) for income taxes 5 116 (83) 342
Net Income (Loss) (183) (166) (2,812) (57)
Less: Net income (loss) attributable to noncontrolling interests 60 46 184 129
Net Income (Loss) Attributable to Hess Corporation (243) (212) (2,996) (186)
Less: Preferred stock dividends 0 0 0 4
Net Income (Loss) Attributable to Hess Corporation Common Stockholders $ (243) $ (212) $ (2,996) $ (190)
Net Income (Loss) Attributable to Hess Corporation Per Common Share:        
Basic (in dollars per share) $ (0.80) $ (0.70) $ (9.83) $ (0.63)
Diluted (in dollars per share) $ (0.80) $ (0.70) $ (9.83) $ (0.63)
Weighted Average Number of Common Shares Outstanding:        
Basic (in shares) 305.0 302.5 304.7 300.7
Diluted (in shares) 305.0 302.5 304.7 300.7
Common Stock Dividends Per Share (in dollars per share) $ 0.25 $ 0.25 $ 0.75 $ 0.75