Outstanding and Weighted Average Common Shares (Tables)

12 Months Ended

Dec. 31, 2022

Earnings Per Share [Abstract]

Net Income (Loss) & Weighted Average Number of Common Shares Used in Computation of Basic & Diluted Earnings Per Share

Net income (loss) and weighted average number of common shares used in the basic and diluted earnings per share computations were as follows:

	2022		2021		2020
	(In millions except per share amounts)
Net Income (Loss) Attributable to Hess Corporation:
Net income (loss)	$	2,447	$	890	$	(2,839)
Less: Net income (loss) attributable to noncontrolling interests	351		331		254
Net income (loss) attributable to Hess Corporation	$	2,096	$	559	$	(3,093)
Weighted Average Number of Common Shares Outstanding:
Basic	308.1		307.4		304.8
Effect of dilutive securities
Restricted common stock	0.7		0.7		—
Stock options	0.6		0.4		—
Performance share units	0.2		0.8		—
Diluted	309.6		309.3		304.8
Net Income (Loss) Attributable to Hess Corporation per Common Share:
Basic	$	6.80	$	1.82	$	(10.15)
Diluted	$	6.77	$	1.81	$	(10.15)
Antidilutive shares excluded from the computation of diluted shares:
Restricted common stock	—		—		2.1
Stock options	0.2		0.7		4.3
Performance share units	—		—		1.1

Changes in Outstanding Common Shares

The following table provides the changes in our outstanding common shares:

	2022	2021	2020
	(In millions)
Balance at January 1	309.7	307.0	304.9
Activity related to restricted stock awards, net	0.5	0.7	1.0
Stock options exercised	0.9	1.5	0.3
PSUs vested	0.5	0.5	0.8
Shares repurchased	(5.4)	—	—
Balance at December 31	306.2	309.7	307.0