XML 16 R5.htm IDEA: XBRL DOCUMENT v3.24.3
STATEMENT OF CONSOLIDATED COMPREHENSIVE INCOME - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Statement of Comprehensive Income [Abstract]        
Net Income $ 594 $ 602 $ 2,512 $ 1,235
Derivatives designated as cash flow hedges        
Effect of hedge (gains) losses reclassified to income 0 52 0 138
Income taxes on effect of hedge (gains) losses reclassified to income 0 0 0 0
Net effect of hedge (gains) losses reclassified to income 0 52 0 138
Change in fair value of cash flow hedges 0 (97) 0 (187)
Income taxes on change in fair value of cash flow hedges 0 0 0 0
Net change in fair value of cash flow hedges 0 (97) 0 (187)
Change in derivatives designated as cash flow hedges, after taxes 0 (45) 0 (49)
Pension and other postretirement plans        
(Increase) reduction in unrecognized actuarial losses (42) 0 (67) (13)
Income taxes on actuarial changes in plan liabilities 10 0 10 0
(Increase) reduction in unrecognized actuarial losses, net (32) 0 (57) (13)
Amortization of net actuarial losses 2 0 3 1
Income taxes on amortization of net actuarial losses (1) 0 (1) 0
Net effect of amortization of net actuarial losses 1 0 2 1
Change in pension and other postretirement plans, after taxes (31) 0 (55) (12)
Other Comprehensive Income (Loss) (31) (45) (55) (61)
Comprehensive Income 563 557 2,457 1,174
Less: Comprehensive income attributable to noncontrolling interests 96 98 285 266
Comprehensive Income Attributable to Hess Corporation $ 467 $ 459 $ 2,172 $ 908