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Statement of Consolidated Income (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
REVENUES AND NON-OPERATING INCOME        
Sales and other operating revenues $ 2,706 $ 3,072 $ 9,183 $ 9,292
Gains (losses) on asset sales (5) 376 1,794 412
Other, net (3) 46 (57) 72
Total revenues and non-operating income 2,698 3,494 10,920 9,776
COSTS AND EXPENSES        
Cost of products sold (excluding items shown separately below) 374 359 1,391 961
Operating costs and expenses 475 568 1,570 1,653
Production and severance taxes 84 144 311 409
Exploration expenses, including dry holes and lease impairment 154 259 573 708
General and administrative expenses 153 134 469 410
Interest expense 86 104 291 313
Depreciation, depletion and amortization 681 728 1,973 2,136
Asset impairments   208   267
Total costs and expenses 2,007 2,504 6,578 6,857
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES 691 990 4,342 2,919
Provision for income taxes 325 480 1,204 1,330
INCOME FROM CONTINUING OPERATIONS 366 510 3,138 1,589
INCOME FROM DISCONTINUED OPERATIONS, NET OF INCOME TAXES 52 82 169 98
NET INCOME 418 592 3,307 1,687
Less: Net income (loss) attributable to noncontrolling interests (2) 35 180 36
NET INCOME ATTRIBUTABLE TO HESS CORPORATION $ 420 $ 557 $ 3,127 $ 1,651
BASIC:        
Continuing operations $ 1.08 $ 1.49 $ 8.73 $ 4.65
Discontinued operations $ 0.16 $ 0.16 $ 0.49 $ 0.23
NET INCOME PER SHARE $ 1.24 $ 1.65 $ 9.22 $ 4.88
DILUTED:        
Continuing operations $ 1.07 $ 1.48 $ 8.63 $ 4.63
Discontinued operations $ 0.16 $ 0.16 $ 0.48 $ 0.22
NET INCOME PER SHARE $ 1.23 $ 1.64 $ 9.11 $ 4.85
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING (DILUTED) 343.3 340.0 343.3 340.3
COMMON STOCK DIVIDENDS PER SHARE $ 0.25 $ 0.10 $ 0.45 $ 0.30