Debt (Tables)

12 Months Ended

Dec. 31, 2020

Debt Disclosure [Abstract]

Components of Debt

Total debt at December 31 consisted of the following:

	2020		2019
	(In millions)
Debt - Hess Corporation:
Fixed-rate public notes:
3.5% due 2024	$	299	$	298
4.3% due 2027	994		992
7.9% due 2029	464		463
7.3% due 2031	628		628
7.1% due 2033	537		537
6.0% due 2040	741		741
5.6% due 2041	1,236		1,235
5.8% due 2047	494		494
Total fixed-rate public notes	5,393		5,388
Term loan due March 2023	988		—
Fair value adjustments - interest rate hedging	5		1
Total Debt - Hess Corporation	$	6,386	$	5,389
Debt - Midstream:
Fixed-rate notes: 5.625% due 2026 - Hess Midstream Operations LP	$	789	$	787
Fixed-rate notes: 5.125% due 2028 - Hess Midstream Operations LP	542		540
Term loan A facility - Hess Midstream Operations LP	395		394
Revolving credit facility - Hess Midstream Operations LP	184		32
Total Debt - Midstream	$	1,910	$	1,753
Total Debt:
Current maturities of long-term debt	$	10	$	—
Long-term debt	8,286		7,142
Total Debt	$	8,296	$	7,142

Maturity Profile of Total Debt

At December 31, 2020, the maturity profile of total debt was as follows:

	Total		Hess Corporation		Midstream
	(In millions)
2021	$	10	$	—	$	10
2022	20		—		20
2023	1,030		1,000		30
2024	824		300		524
2025	—		—		—
Thereafter	6,488		5,138		1,350
Total Borrowings	8,372		6,438		1,934
Less: Deferred financing costs and discounts	(76)		(52)		(24)
Total Debt (excluding interest)	$	8,296	$	6,386	$	1,910

Other Outstanding Letters of Credit

Other outstanding letters of credit at December 31 were as follows:

	2020		2019
	(In millions)
Committed lines (a)	$	54	$	54
Uncommitted lines (a)	215		218
Total	$	269	$	272

(a)At December 31, 2020, committed and uncommitted lines have expiration dates through 2021.