XML 16 R4.htm IDEA: XBRL DOCUMENT v3.21.2
STATEMENT OF CONSOLIDATED INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Revenues and Non-Operating Income        
Sales and other operating revenues $ 1,579 $ 833 $ 3,477 $ 2,187
Other, net 19 9 40 24
Total revenues and non-operating income 1,598 842 3,517 2,211
Costs and Expenses        
Marketing, including purchased oil and gas 322 56 840 434
Operating costs and expenses 315 294 580 597
Production and severance taxes 44 16 81 58
Exploration expenses, including dry holes and lease impairment 48 31 81 220
General and administrative expenses 84 89 178 191
Interest expense 118 119 235 232
Depreciation, depletion and amortization 385 509 781 1,070
Impairment and other 147 0 147 2,126
Total costs and expenses 1,463 1,114 2,923 4,928
Income (Loss) Before Income Taxes 135 (272) 594 (2,717)
Provision (benefit) for income taxes 122 (9) 245 (88)
Net Income (Loss) 13 (263) 349 (2,629)
Less: Net income (loss) attributable to noncontrolling interests 86 57 170 124
Net Income (Loss) Attributable to Hess Corporation $ (73) $ (320) $ 179 $ (2,753)
Net Income (Loss) Attributable to Hess Corporation Per Common Share:        
Basic (in dollars per share) $ (0.24) $ (1.05) $ 0.58 $ (9.04)
Diluted (in dollars per share) $ (0.24) $ (1.05) $ 0.58 $ (9.04)
Weighted Average Number of Common Shares Outstanding:        
Basic (in shares) 307.5 305.0 306.7 304.5
Diluted (in shares) 307.5 305.0 308.7 304.5
Common Stock Dividends Per Share (in dollars per share) $ 0.25 $ 0.25 $ 0.50 $ 0.50