XML 12 R2.htm IDEA: XBRL DOCUMENT v3.22.2.2
CONSOLIDATED BALANCE SHEET - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Current Assets:    
Cash and cash equivalents $ 2,384 $ 2,713
Accounts receivable:    
From contracts with customers 1,241 1,062
Joint venture and other 134 149
Inventories 278 223
Other current assets 86 199
Total current assets 4,123 4,346
Property, plant and equipment:    
Total — at cost 32,356 31,178
Less: Reserves for depreciation, depletion, amortization and lease impairment 17,264 16,996
Property, plant and equipment — net 15,092 14,182
Operating lease right-of-use assets — net 461 352
Finance lease right-of-use assets — net 131 144
Goodwill 360 360
Deferred income taxes 139 71
Post-retirement benefit assets 617 409
Other assets 720 651
Total Assets 21,643 20,515
Current Liabilities:    
Accounts payable 321 220
Accrued liabilities 1,703 1,710
Taxes payable 167 528
Current portion of long-term debt 0 517
Current portion of operating and finance lease obligations 121 89
Total current liabilities 2,312 3,064
Long-term debt 8,303 7,941
Long-term operating lease obligations 461 394
Long-term finance lease obligations 185 200
Deferred income taxes 604 383
Asset retirement obligations 1,062 1,005
Other liabilities and deferred credits 522 502
Total Liabilities 13,449 13,489
Hess Corporation stockholders’ equity:    
Common stock, par value $1.00; Authorized - 600,000,000 shares, Issued - 308,308,466 shares (2021: 309,744,953) 308 310
Capital in excess of par value 6,227 6,017
Retained earnings 1,354 379
Accumulated other comprehensive loss (330) (406)
Total Hess Corporation stockholders’ equity 7,559 6,300
Noncontrolling interests 635 726
Total Equity 8,194 7,026
Total Liabilities and Equity $ 21,643 $ 20,515