Segment Information (Tables)

3 Months Ended

Mar. 31, 2021

Segment Reporting [Abstract]

Schedule of Financial Data by Operating Segment

The following table presents operating segment financial data:

	Exploration and Production		Midstream		Corporate, Interest and Other		Eliminations		Total
	(In millions)
For the Three Months Ended March 31, 2021
Sales and Other Operating Revenues - Third parties	$	1,898	$	—	$	—	$	—	$	1,898
Intersegment Revenues	—		289		—		(289)		—
Sales and Other Operating Revenues	$	1,898	$	289	$	—	$	(289)	$	1,898
Net Income (Loss) attributable to Hess Corporation	$	308	$	75	$	(131)	$	—	$	252
Depreciation, Depletion and Amortization	355		40		1		—		396
Provision (Benefit) for Income Taxes	120		3		—		—		123
Capital Expenditures	280		23		—		—		303
For the Three Months Ended March 31, 2020
Sales and Other Operating Revenues - Third parties	$	1,354	$	—	$	—	$	—	$	1,354
Intersegment Revenues	—		291		—		(291)		—
Sales and Other Operating Revenues	$	1,354	$	291	$	—	$	(291)	$	1,354
Net Income (Loss) attributable to Hess Corporation	$	(2,371)	$	61	$	(123)	$	—	$	(2,433)
Depreciation, Depletion and Amortization	521		38		2		—		561
Impairment	2,126		—		—		—		2,126
Provision (Benefit) for Income Taxes	(77)		2		(4)		—		(79)
Capital Expenditures	609		57		—		—		666

Identifiable assets by operating segment were as follows:

	March 31, 2021		December 31, 2020
	(In millions)
Exploration and Production	$	13,764	$	13,688
Midstream	3,586		3,599
Corporate, Interest and Other	1,601		1,534
Total	$	18,951	$	18,821