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Statement of Consolidated Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Revenues and Non-Operating Income      
Sales and other operating revenues $ 4,667 $ 6,495 $ 6,323
Gains on asset sales, net 87 22 32
Other, net 50 (7) 111
Total revenues and non-operating income 4,804 6,510 6,466
Costs and Expenses      
Marketing, including purchased oil and gas 936 1,736 1,771
Operating costs and expenses 1,218 1,237 1,134
Production and severance taxes 124 184 171
Exploration expenses, including dry holes and lease impairment 351 233 362
General and administrative expenses 357 397 473
Interest expense 468 380 399
Loss on debt extinguishment 0 0 53
Depreciation, depletion and amortization 2,074 2,122 1,883
Impairment 2,126 0 0
Total costs and expenses 7,654 6,289 6,246
Income (Loss) Before Income Taxes (2,850) 221 220
Provision (benefit) for income taxes (11) 461 335
Net Income (Loss) (2,839) (240) (115)
Less: Net income (loss) attributable to noncontrolling interests 254 168 167
Net Income (Loss) Attributable to Hess Corporation (3,093) (408) (282)
Less: Preferred stock dividends 0 4 46
Net Income (Loss) Attributable to Hess Corporation Common Stockholders $ (3,093) $ (412) $ (328)
Net Income (Loss) Attributable to Hess Corporation Per Common Share      
Basic (in dollars per share) $ (10.15) $ (1.37) $ (1.10)
Diluted (in dollars per share) $ (10.15) $ (1.37) $ (1.10)
Weighted Average Number of Common Shares Outstanding (Diluted) (in shares) 304.8 301.2 298.2
Common Stock Dividends Per Share (in dollars per share) $ 1.00 $ 1.00 $ 1.00