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CONSOLIDATED BALANCE SHEET - USD ($)
$ in Millions
Jun. 30, 2022
Dec. 31, 2021
Current Assets:    
Cash and cash equivalents $ 2,159 $ 2,713
Accounts receivable:    
From contracts with customers 1,265 1,062
Joint venture and other 141 149
Inventories 317 223
Other current assets 87 199
Total current assets 3,969 4,346
Property, plant and equipment:    
Total — at cost 32,402 31,178
Less: Reserves for depreciation, depletion, amortization and lease impairment 17,584 16,996
Property, plant and equipment — net 14,818 14,182
Operating lease right-of-use assets — net 446 352
Finance lease right-of-use assets — net 136 144
Goodwill 360 360
Deferred income taxes 147 71
Post-retirement benefit assets 603 409
Other assets 701 651
Total Assets 21,180 20,515
Current Liabilities:    
Accounts payable 359 220
Accrued liabilities 1,741 1,710
Taxes payable 141 528
Current portion of long-term debt 0 517
Current portion of operating and finance lease obligations 114 89
Total current liabilities 2,355 3,064
Long-term debt 8,332 7,941
Long-term operating lease obligations 457 394
Long-term finance lease obligations 190 200
Deferred income taxes 544 383
Asset retirement obligations 1,028 1,005
Other liabilities and deferred credits 516 502
Total Liabilities 13,422 13,489
Hess Corporation stockholders’ equity:    
Common stock, par value $1.00; Authorized - 600,000,000 shares, Issued - 309,614,906 shares (2021: 309,744,953) 310 310
Capital in excess of par value 6,236 6,017
Retained earnings 1,075 379
Accumulated other comprehensive income (loss) (485) (406)
Total Hess Corporation stockholders’ equity 7,136 6,300
Noncontrolling interests 622 726
Total Equity 7,758 7,026
Total Liabilities and Equity $ 21,180 $ 20,515