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Consolidated Balance Sheet - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Current Assets:    
Cash and cash equivalents $ 2,486 $ 2,713
Accounts receivable:    
From contracts with customers 1,041 1,062
Joint venture and other 121 149
Inventories 217 223
Other current assets 66 199
Total current assets 3,931 4,346
Property, plant and equipment:    
Total — at cost 32,592 31,178
Less: Reserves for depreciation, depletion, amortization and lease impairment 17,494 16,996
Property, Plant and Equipment — Net 15,098 14,182
Operating lease right-of-use assets — net 570 352
Finance lease right-of-use assets — net 126 144
Post-retirement benefit assets 648 409
Goodwill 360 360
Deferred income taxes 133 71
Other assets 829 651
Total Assets 21,695 20,515
Current Liabilities:    
Accounts payable 285 220
Accrued liabilities 1,840 1,710
Taxes payable 47 528
Current portion of long-term debt 3 517
Current portion of operating and finance lease obligations 221 89
Total current liabilities 2,396 3,064
Long-term debt 8,278 7,941
Long-term operating lease obligations 469 394
Long-term finance lease obligations 179 200
Deferred income taxes 418 383
Asset retirement obligations 1,034 1,005
Other liabilities and deferred credits 425 502
Total Liabilities 13,199 13,489
Hess Corporation stockholders’ equity:    
Common stock, par value $1.00; Authorized 600,000,000 shares. Issued 306,176,864 shares (2021: 309,744,953) 306 310
Capital in excess of par value 6,206 6,017
Retained earnings 1,474 379
Accumulated other comprehensive income (loss) (131) (406)
Total Hess Corporation stockholders’ equity 7,855 6,300
Noncontrolling interests 641 726
Total equity 8,496 7,026
Total Liabilities and Equity $ 21,695 $ 20,515