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Consolidated Balance Sheet (USD $)
In Millions, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
CURRENT ASSETS    
Cash and cash equivalents $ 1,814 $ 642
Accounts receivable    
Trade 3,093 4,057
Other 432 281
Inventories 954 1,259
Assets held for sale 1,097 1,092
Other current assets 1,209 1,056
Total current assets 8,599 8,387
INVESTMENTS IN AFFILIATES 687 443
PROPERTY, PLANT AND EQUIPMENT    
Total - at cost 45,950 45,553
Less: Reserves for depreciation, depletion, amortization and lease impairment 17,179 16,746
Property, plant and equipment - net 28,771 28,807
GOODWILL 1,869 2,208
DEFERRED INCOME TAXES 2,319 3,126
OTHER ASSETS 509 470
TOTAL ASSETS 42,754 43,441
CURRENT LIABILITIES    
Accounts payable 2,109 2,809
Accrued liabilities 3,265 3,287
Taxes payable 520 960
Liabilities associated with assets held for sale 286 539
Short-term debt and current maturities of long-term debt 378 787
Total current liabilities 6,558 8,382
LONG-TERM DEBT 5,420 7,324
DEFERRED INCOME TAXES 2,292 2,662
ASSET RETIREMENT OBLIGATIONS 2,249 2,212
OTHER LIABILITIES AND DEFERRED CREDITS 1,451 1,658
Total liabilities 17,970 22,238
Hess Corporation stockholders' equity    
Common stock, par value $1.00 Authorized - 600,000,000 shares Issued: 2013 - 325,314,177 shares; 2012 - 341,527,617 shares 325 342
Capital in excess of par value 3,498 3,524
Retained earnings 21,235 17,717
Accumulated other comprehensive income (loss) (338) (493)
Total Hess Corporation stockholders' equity 24,720 21,090
Noncontrolling interests 64 113
Total equity 24,784 21,203
TOTAL LIABILITIES AND EQUITY $ 42,754 $ 43,441