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Consolidated Balance Sheet (USD $)
In Millions, unless otherwise specified
Sep. 30, 2013
Dec. 31, 2012
CURRENT ASSETS    
Cash and cash equivalents $ 321 $ 642
Accounts receivable    
Trade 1,418 4,057
Other 359 281
Inventories 695 1,259
Assets held for sale 5,642 1,092
Other current assets 822 1,056
Total current assets 9,257 8,387
INVESTMENTS IN AFFILIATES 441 443
PROPERTY, PLANT AND EQUIPMENT    
Total - at cost 43,121 45,553
Less: Reserves for depreciation, depletion, amortization and lease impairment 15,707 16,746
Property, plant and equipment - net 27,414 28,807
GOODWILL 1,869 2,208
DEFERRED INCOME TAXES 2,617 3,126
OTHER ASSETS 298 470
TOTAL ASSETS 41,896 43,441
CURRENT LIABILITIES    
Accounts payable 453 2,809
Accrued liabilities 2,783 3,287
Taxes payable 385 960
Liabilities associated with assets held for sale 2,511 539
Short-term debt and current maturities of long-term debt 791 787
Total current liabilities 6,923 8,382
LONG-TERM DEBT 5,418 7,324
DEFERRED INCOME TAXES 2,257 2,662
ASSET RETIREMENT OBLIGATIONS 2,277 2,212
OTHER LIABILITIES AND DEFERRED CREDITS 1,179 1,658
Total liabilities 18,054 22,238
Hess Corporation Stockholders' Equity    
Common stock, par value $1.00 Authorized - 600,000,000 shares Issued - 337,575,164 shares at September 30, 2013; 341,527,617 shares at December 31, 2012 338 342
Capital in excess of par value 3,599 3,524
Retained earnings 20,279 17,717
Accumulated other comprehensive income (loss) (447) (493)
Total Hess Corporation stockholders' equity 23,769 21,090
Noncontrolling interests 73 113
Total equity 23,842 21,203
TOTAL LIABILITIES AND EQUITY $ 41,896 $ 43,441