Segment Information (Tables)

6 Months Ended

Jun. 30, 2022

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, 2022
Sales and Other Operating Revenues - Third parties	$	2,955	$	—	$	—	$	—	$	2,955
Intersegment Revenues	—		314		—		(314)		—
Sales and Other Operating Revenues	$	2,955	$	314	$	—	$	(314)	$	2,955
Net Income (Loss) attributable to Hess Corporation	$	723	$	65	$	(121)	$	—	$	667
Depreciation, Depletion and Amortization	345		44		2		—		391
Provision (Benefit) for Income Taxes	321		7		—		—		328
Capital Expenditures	593		72		—		—		665
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 Six Months Ended June 30, 2022
Sales and Other Operating Revenues - Third parties	$	5,268	$	—	$	—	$	—	$	5,268
Intersegment Revenues	—		626		—		(626)		—
Sales and Other Operating Revenues	$	5,268	$	626	$	—	$	(626)	$	5,268
Net Income (Loss) attributable to Hess Corporation	$	1,183	$	137	$	(236)	$	—	$	1,084
Depreciation, Depletion and Amortization	637		89		2		—		728
Provision (Benefit) for Income Taxes	513		12		—		—		525
Capital Expenditures	1,136		109		—		—		1,245
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

Identifiable assets by operating segment were as follows:

	June 30, 2022		December 31, 2021
	(In millions)
Exploration and Production	$	14,886	$	14,173
Midstream	3,755		3,671
Corporate, Interest and Other	2,539		2,671
Total	$	21,180	$	20,515