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CONSOLIDATED BALANCE SHEET - USD ($)
$ in Millions
Mar. 31, 2021
Dec. 31, 2020
Current Assets:    
Cash and cash equivalents $ 1,866 $ 1,739
Accounts receivable:    
From contracts with customers 860 710
Joint venture and other 151 150
Inventories 219 378
Assets held for sale 229 0
Other current assets 197 104
Total current assets 3,522 3,081
Property, plant and equipment:    
Total — at cost 30,642 30,519
Less: Reserves for depreciation, depletion, amortization and lease impairment 16,779 16,404
Property, plant and equipment — net 13,863 14,115
Operating lease right-of-use assets — net 386 426
Finance lease right-of-use assets — net 161 168
Goodwill 360 360
Deferred income taxes 41 59
Other assets 618 612
Total Assets 18,951 18,821
Current Liabilities:    
Accounts payable 172 200
Accrued liabilities 1,254 1,251
Taxes payable 168 81
Current maturities of long-term debt 13 10
Current portion of operating and finance lease obligations 83 81
Total current liabilities 1,690 1,623
Long-term debt 8,273 8,286
Long-term operating lease obligations 437 478
Long-term finance lease obligations 215 220
Deferred income taxes 324 342
Asset retirement obligations 758 894
Other liabilities and deferred credits 611 643
Total Liabilities 12,308 12,486
Hess Corporation stockholders’ equity:    
Common stock, par value $1.00; Authorized - 600,000,000 shares, Issued - 308,436,780 shares (2020: 306,980,092) 308 307
Capital in excess of par value 5,779 5,684
Retained earnings 305 130
Accumulated other comprehensive income (loss) (776) (755)
Total Hess Corporation stockholders’ equity 5,616 5,366
Noncontrolling interests 1,027 969
Total Equity 6,643 6,335
Total Liabilities and Equity $ 18,951 $ 18,821