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STATEMENT OF CONSOLIDATED EQUITY - USD ($)
$ in Millions
Total
Common Stock
Capital in Excess of Par
Retained Earnings
Accumulated Other Comprehensive Loss
Total Hess Stockholders' Equity
Noncontrolling Interests
Balance at Dec. 31, 2021 $ 7,026 $ 310 $ 6,017 $ 379 $ (406) $ 6,300 $ 726
Net Income 1,259     1,084   1,084 175
Other comprehensive income (loss) (79)       (79) (79)  
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 754     667   667 87
Other comprehensive income (loss) 281       281 281  
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
Balance at Dec. 31, 2022 8,496 306 6,206 1,474 (131) 7,855 641
Net Income 633     465   465 168
Other comprehensive income (loss) (16)       (16) (16)  
Share-based compensation 60 1 59     60  
Dividends on common stock (269)     (269)   (269)  
Sale of Class A shares of Hess Midstream LP 251   158     158 93
Repurchase of Class B units of Hess Midstream Operations LP (90)   (19)     (19) (109)
Common stock acquired and retired (20)            
Noncontrolling interests, net (163)           (163)
Balance at Jun. 30, 2023 8,902 307 6,442 1,670 (147) 8,272 630
Balance at Mar. 31, 2023 8,721 307 6,254 1,686 (114) 8,133 588
Net Income 205     119   119 86
Other comprehensive income (loss) (33)       (33) (33)  
Share-based compensation 19 0 19     19  
Dividends on common stock (135)     (135)   (135)  
Sale of Class A shares of Hess Midstream LP 251   158     158  
Repurchase of Class B units of Hess Midstream Operations LP (44)   11     11 (55)
Noncontrolling interests, net (82)           (82)
Balance at Jun. 30, 2023 $ 8,902 $ 307 $ 6,442 $ 1,670 $ (147) $ 8,272 $ 630