XML 14 R4.htm IDEA: XBRL DOCUMENT v3.22.2.2
STATEMENT OF CONSOLIDATED INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues and Non-Operating Income        
Sales and other operating revenues $ 3,122 $ 1,759 $ 8,390 $ 5,236
Gains on asset sales, net 0 29 25 29
Other, net 35 23 101 63
Total revenues and non-operating income 3,157 1,811 8,516 5,328
Costs and Expenses        
Marketing, including purchased oil and gas 982 522 2,507 1,362
Operating costs and expenses 398 333 1,067 913
Production and severance taxes 72 42 200 123
Exploration expenses, including dry holes and lease impairment 58 36 134 117
General and administrative expenses 109 76 314 254
Interest expense 125 125 369 360
Depreciation, depletion and amortization 471 349 1,199 1,130
Impairment and other 54 0 54 147
Total costs and expenses 2,269 1,483 5,844 4,406
Income Before Income Taxes 888 328 2,672 922
Provision for income taxes 282 143 807 388
Net Income 606 185 1,865 534
Less: Net income attributable to noncontrolling interests 91 70 266 240
Net Income Attributable to Hess Corporation $ 515 $ 115 $ 1,599 $ 294
Net Income Attributable to Hess Corporation Per Common Share:        
Basic (in dollars per share) $ 1.67 $ 0.37 $ 5.18 $ 0.96
Diluted (in dollars per share) $ 1.67 $ 0.37 $ 5.16 $ 0.95
Weighted Average Number of Common Shares Outstanding:        
Basic (in shares) 307.6 308.1 308.7 307.1
Diluted (in shares) 308.9 309.9 310.1 309.1
Common Stock Dividends Per Share (in dollars per share) $ 0.375 $ 0.250 $ 1.125 $ 0.750