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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 1,865     1,599   1,599 266
Other comprehensive income (loss) 76       76 76  
Share-based compensation 112 2 110     112  
Dividends on common stock (350)     (350)   (350)  
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 (340) (4) (62) (274)   (340)  
Noncontrolling interests, net (230)           (230)
Balance at Sep. 30, 2022 8,194 308 6,227 1,354 (330) 7,559 635
Balance at Jun. 30, 2022 7,758 310 6,236 1,075 (485) 7,136 622
Net Income 606     515   515 91
Other comprehensive income (loss) 155       155 155  
Share-based compensation 20   20     20  
Dividends on common stock (117)     (117)   (117)  
Common stock acquired and retired (150) (2) (29) (119)   (150)  
Noncontrolling interests, net (78)           (78)
Balance at Sep. 30, 2022 8,194 308 6,227 1,354 (330) 7,559 635
Balance at Dec. 31, 2022 8,496 306 6,206 1,474 (131) 7,855 641
Net Income 1,235     969   969 266
Other comprehensive income (loss) (61)       (61) (61)  
Share-based compensation 83 1 82     83  
Dividends on common stock (404)     (404)   (404)  
Sale of Class A shares of Hess Midstream LP 333   158     158 175
Repurchase of Class B units of Hess Midstream Operations LP (134)   (31)     (31) (165)
Common stock acquired and retired (20)            
Noncontrolling interests, net (249)           (249)
Balance at Sep. 30, 2023 9,299 307 6,477 2,039 (192) 8,631 668
Balance at Jun. 30, 2023 8,902 307 6,442 1,670 (147) 8,272 630
Net Income 602     504   504 98
Other comprehensive income (loss) (45)       (45) (45)  
Share-based compensation 23   23     23  
Dividends on common stock (135)     (135)   (135)  
Sale of Class A shares of Hess Midstream LP 82         0  
Repurchase of Class B units of Hess Midstream Operations LP (44)   12     12 (56)
Noncontrolling interests, net (86)           (86)
Balance at Sep. 30, 2023 $ 9,299 $ 307 $ 6,477 $ 2,039 $ (192) $ 8,631 $ 668