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STATEMENT OF CONSOLIDATED EQUITY - USD ($)
$ in Millions
Total
Common Stock
Capital in Excess of Par
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Total Hess Stockholders' Equity
Noncontrolling Interests
Balance at Dec. 31, 2020 $ 6,335 $ 307 $ 5,684 $ 130 $ (755) $ 5,366 $ 969
Net Income (Loss) 349     179   179 170
Other comprehensive income (loss) (81)       (81) (81) 0
Share-based compensation 122 3 119     122  
Dividends on common stock (154)     (154)   (154)  
Sale of Class A shares of Hess Midstream LP 97   56     56 41
Common stock acquired and retired 0            
Noncontrolling interests, net (136)           (136)
Balance at Jun. 30, 2021 6,532 310 5,859 155 (836) 5,488 1,044
Balance at Mar. 31, 2021 6,643 308 5,779 305 (776) 5,616 1,027
Net Income (Loss) 13     (73)   (73) 86
Other comprehensive income (loss) (60)       (60) (60) 0
Share-based compensation 82 2 80     82  
Dividends on common stock (77)     (77)   (77)  
Noncontrolling interests, net (69)           (69)
Balance at Jun. 30, 2021 6,532 310 5,859 155 (836) 5,488 1,044
Balance at Dec. 31, 2021 7,026 310 6,017 379 (406) 6,300 726
Net Income (Loss) 1,259     1,084   1,084 175
Other comprehensive income (loss) (79)       (79) (79) 0
Share-based compensation 92 2 90     92  
Dividends on common stock (233)     (233)   (233)  
Sale of Class A shares of Hess Midstream LP 218   130     130 88
Repurchase of Class B units of Hess Midstream Operations LP (183)   32     32 (215)
Common stock acquired and retired (190) 2 33 155   190  
Noncontrolling interests, net (152)           (152)
Balance at Jun. 30, 2022 7,758 310 6,236 1,075 (485) 7,136 622
Balance at Mar. 31, 2022 7,048 311 6,083 680 (766) 6,308 740
Net Income (Loss) 754     667   667 87
Other comprehensive income (loss) 281       281 281 0
Share-based compensation 25 1 24     25  
Dividends on common stock (117)     (117)   (117)  
Sale of Class A shares of Hess Midstream LP 218   130     130 88
Repurchase of Class B units of Hess Midstream Operations LP (183)   32     32 (215)
Common stock acquired and retired (190) 2 33 155   190  
Noncontrolling interests, net (78)           (78)
Balance at Jun. 30, 2022 $ 7,758 $ 310 $ 6,236 $ 1,075 $ (485) $ 7,136 $ 622