Discontinued Operations - Downstream Businesses (Tables)

9 Months Ended

Sep. 30, 2013

Discontinued Operations And Disposal Groups [Abstract]

Summary of Sales and Other Operating Revenues and Income from Discontinued Operations

Sales and other operating revenues and Income from discontinued operations for the downstream businesses were as follows:

	Three Months  Ended September 30,					Nine Months  Ended September 30,
	2013			2012		2013		2012
	(In millions)
Sales and other operating revenues	$	5,368		$	6,138	$	18,433	$	18,929
Income from discontinued operations before income taxes	$	84		$	113	$	259	$	137
Provision for income taxes		32			31		90		39
Income from discontinued operations, net of income taxes		52			82		169		98
Less: Net income (loss) attributable to noncontrolling interests		(2	)		29		4		21
Net income from discontinued operations attributable to Hess Corporation	$	54		$	53	$	165	$	77

Summary of Assets and Liabilities of Discontinued Downstream Businesses

The following table presents the assets and liabilities of the discontinued downstream businesses that are classified as held for sale (in millions):

	September 30,
	2013
Accounts receivable	$	1,931
Inventories		469
Investment in affiliate		182
Property, plant and equipment — net		1,265
Other assets		125
Total assets	$	3,972
Accounts payable and accrued liabilities	$	1,889
Other liabilities and deferred credits		148
Total liabilities	$	2,037