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Statement of Consolidated Income (USD $)
In Millions, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
REVENUES AND NON-OPERATING INCOME      
Sales (excluding excise taxes) and other operating revenues $ 22,284 $ 23,381 $ 21,451
Loss from equity investment in HOVENSA L.L.C.     (1,073)
Gains on asset sales, net 2,174 584 446
Other, net (37) 121 32
Total revenues and non-operating income 24,421 24,086 20,856
COSTS AND EXPENSES      
Cost of products sold (excluding items shown separately below) 11,368 11,500 10,528
Operating costs and expenses 2,116 2,202 1,876
Production and severance taxes 372 550 476
Marketing expenses 867 802 814
Exploration expenses, including dry holes and lease impairment 1,031 1,070 1,195
General and administrative expenses 709 613 613
Interest expense 406 419 383
Depreciation, depletion and amortization 2,770 2,922 2,373
Asset impairments 289 582 358
Total costs and expenses 19,928 20,660 18,616
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES 4,493 3,426 2,240
Provision for income taxes 525 1,559 709
INCOME FROM CONTINUING OPERATIONS 3,968 1,867 1,531
INCOME FROM DISCONTINUED OPERATIONS, NET OF INCOME TAXES 1,254 196 145
NET INCOME 5,222 2,063 1,676
Less: Net income (loss) attributable to noncontrolling interests 170 38 (27)
NET INCOME ATTRIBUTABLE TO HESS CORPORATION $ 5,052 $ 2,025 $ 1,703
BASIC:      
Continuing operations $ 11.28 $ 5.40 $ 4.62
Discontinued operations $ 3.73 $ 0.58 $ 0.43
NET INCOME PER SHARE $ 15.01 $ 5.98 $ 5.05
DILUTED:      
Continuing operations $ 11.14 $ 5.37 $ 4.58
Discontinued operations $ 3.68 $ 0.58 $ 0.43
NET INCOME PER SHARE $ 14.82 $ 5.95 $ 5.01
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING (DILUTED) 340.9 340.3 339.9