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Consolidated Balance Sheet - USD ($)
$ in Millions
Dec. 31, 2020
Dec. 31, 2019
Current Assets:    
Cash and cash equivalents $ 1,739 $ 1,545
Accounts receivable:    
From contracts with customers 710 940
Joint venture and other 150 230
Inventories 378 261
Other current assets 104 180
Total current assets 3,081 3,156
Property, plant and equipment:    
Total — at cost 30,519 35,820
Less: Reserves for depreciation, depletion, amortization and lease impairment 16,404 19,006
Property, Plant and Equipment — Net 14,115 16,814
Operating lease right-of-use assets — net 426 447
Finance lease right-of-use assets — net 168 299
Goodwill 360 360
Deferred income taxes 59 80
Other assets 612 626
Total Assets 18,821 21,782
Current Liabilities:    
Accounts payable 200 411
Accrued liabilities 1,251 1,803
Taxes payable 81 97
Current maturities of long-term debt 10 0
Current portion of operating and finance lease obligations 81 199
Total current liabilities 1,623 2,510
Long-term debt 8,286 7,142
Long-term operating lease obligations 478 353
Long-term finance lease obligations 220 238
Deferred income taxes 342 415
Asset retirement obligations 894 897
Other liabilities and deferred credits 643 521
Total Liabilities 12,486 12,076
Hess Corporation stockholders’ equity:    
Common stock, par value $1.00; Authorized 600,000,000 shares. Issued 306,980,092 shares (2019: 304,955,472) 307 305
Capital in excess of par value 5,684 5,591
Retained earnings 130 3,535
Accumulated other comprehensive income (loss) (755) (699)
Total Hess Corporation stockholders’ equity 5,366 8,732
Noncontrolling interests 969 974
Total equity 6,335 9,706
Total Liabilities and Equity $ 18,821 $ 21,782
Common stock, par value (in dollars per share) $ 1.00 $ 1.00
Common stock, shares authorized (in shares) 600,000,000 600,000,000