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Consolidated Balance Sheet - USD ($)
$ in Millions
Dec. 31, 2021
Dec. 31, 2020
Current Assets:    
Cash and cash equivalents $ 2,713 $ 1,739
Accounts receivable:    
From contracts with customers 1,062 710
Joint venture and other 149 150
Inventories 223 378
Other current assets 199 104
Total current assets 4,346 3,081
Property, plant and equipment:    
Total — at cost 31,178 30,519
Less: Reserves for depreciation, depletion, amortization and lease impairment 16,996 16,404
Property, Plant and Equipment — Net 14,182 14,115
Operating lease right-of-use assets — net 352 426
Finance lease right-of-use assets — net 144 168
Post-retirement benefit assets 409 45
Goodwill 360 360
Deferred income taxes 71 59
Other assets 651 567
Total Assets 20,515 18,821
Current Liabilities:    
Accounts payable 220 200
Accrued liabilities 1,710 1,251
Taxes payable 528 81
Current portion of long-term debt 517 10
Current portion of operating and finance lease obligations 89 81
Total current liabilities 3,064 1,623
Long-term debt 7,941 8,286
Long-term operating lease obligations 394 478
Long-term finance lease obligations 200 220
Deferred income taxes 383 342
Asset retirement obligations 1,005 894
Other liabilities and deferred credits 502 643
Total Liabilities 13,489 12,486
Hess Corporation stockholders’ equity:    
Common stock, par value $1.00; Authorized 600,000,000 shares. Issued 309,744,953 shares (2020: 306,980,092) 310 307
Capital in excess of par value 6,017 5,684
Retained earnings 379 130
Accumulated other comprehensive income (loss) (406) (755)
Total Hess Corporation stockholders’ equity 6,300 5,366
Noncontrolling interests 726 969
Total equity 7,026 6,335
Total Liabilities and Equity $ 20,515 $ 18,821