Segment Information (Tables)

6 Months Ended

Jun. 30, 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 June 30, 2021
Sales and Other Operating Revenues - Third parties	$	1,579	$	—	$	—	$	—	$	1,579
Intersegment Revenues	—		294		—		(294)		—
Sales and Other Operating Revenues	$	1,579	$	294	$	—	$	(294)	$	1,579
Net Income (Loss) attributable to Hess Corporation	$	(25)	$	76	$	(124)	$	—	$	(73)
Depreciation, Depletion and Amortization	344		41		—		—		385
Impairment and other	147		—		—		—		147
Provision (Benefit) for Income Taxes	119		3		—		—		122
Capital Expenditures	396		47		—		—		443
For the Three Months Ended June 30, 2020
Sales and Other Operating Revenues - Third parties	$	833	$	—	$	—	$	—	$	833
Intersegment Revenues	—		270		—		(270)		—
Sales and Other Operating Revenues	$	833	$	270	$	—	$	(270)	$	833
Net Income (Loss) attributable to Hess Corporation	$	(249)	$	51	$	(122)	$	—	$	(320)
Depreciation, Depletion and Amortization	470		39		—		—		509
Provision (Benefit) for Income Taxes	(11)		2		—		—		(9)
Capital Expenditures	428		79		—		—		507
For the Six Months Ended June 30, 2021
Sales and Other Operating Revenues - Third parties	$	3,477	$	—	$	—	$	—	$	3,477
Intersegment Revenues	—		583		—		(583)		—
Sales and Other Operating Revenues	$	3,477	$	583	$	—	$	(583)	$	3,477
Net Income (Loss) attributable to Hess Corporation	$	283	$	151	$	(255)	$	—	$	179
Depreciation, Depletion and Amortization	699		81		1		—		781
Impairment and other	147		—		—		—		147
Provision (Benefit) for Income Taxes	239		6		—		—		245
Capital Expenditures	676		70		—		—		746
For the Six Months Ended June 30, 2020
Sales and Other Operating Revenues - Third parties	$	2,187	$	—	$	—	$	—	$	2,187
Intersegment Revenues	—		561		—		(561)		—
Sales and Other Operating Revenues	$	2,187	$	561	$	—	$	(561)	$	2,187
Net Income (Loss) attributable to Hess Corporation	$	(2,620)	$	112	$	(245)	$	—	$	(2,753)
Depreciation, Depletion and Amortization	991		77		2		—		1,070
Impairment and other	2,126		—		—		—		2,126
Provision (Benefit) for Income Taxes	(88)		4		(4)		—		(88)
Capital Expenditures	1,037		136		—		—		1,173

Identifiable assets by operating segment were as follows:

	June 30, 2021		December 31, 2020
	(In millions)
Exploration and Production	$	13,753	$	13,688
Midstream	3,587		3,599
Corporate, Interest and Other	1,826		1,534
Total	$	19,166	$	18,821