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Statement of Consolidated Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Revenues and Non-Operating Income      
Sales and other operating revenues $ 7,473 $ 4,667 $ 6,495
Gains on asset sales, net 29 87 22
Other, net 81 50 (7)
Total revenues and non-operating income 7,583 4,804 6,510
Costs and Expenses      
Marketing, including purchased oil and gas 2,034 936 1,736
Operating costs and expenses 1,229 1,218 1,237
Production and severance taxes 172 124 184
Exploration expenses, including dry holes and lease impairment 162 351 233
General and administrative expenses 340 357 397
Interest expense 481 468 380
Depreciation, depletion and amortization 1,528 2,074 2,122
Impairment and other 147 2,126 0
Total costs and expenses 6,093 7,654 6,289
Income (Loss) Before Income Taxes 1,490 (2,850) 221
Provision (benefit) for income taxes 600 (11) 461
Net Income (Loss) 890 (2,839) (240)
Less: Net income (loss) attributable to noncontrolling interests 331 254 168
Net Income (Loss) Attributable to Hess Corporation 559 (3,093) (408)
Less: Preferred stock dividends 0 0 4
Net Income (Loss) Attributable to Hess Corporation Common Stockholders $ 559 $ (3,093) $ (412)
Net Income (Loss) Attributable to Hess Corporation Per Common Share:      
Basic (in dollars per share) $ 1.82 $ (10.15) $ (1.37)
Diluted (in dollars per share) $ 1.81 $ (10.15) $ (1.37)
Weighted Average Number of Common Shares Outstanding:      
Shares outstanding – Basic (in shares) 307.4 304.8 301.2
Weighted Average Number of Common Shares Outstanding (Diluted) (in shares) 309.3 304.8 301.2
Common Stock Dividends Per Share (in dollars per share) $ 1.00 $ 1.00 $ 1.00