XML 13 R2.htm IDEA: XBRL DOCUMENT v3.4.0.3
Consolidated Balance Sheet - USD ($)
$ in Millions
Mar. 31, 2016
Dec. 31, 2015
Current Assets    
Cash and cash equivalents $ 3,557 $ 2,716
Accounts receivable    
Trade 612 847
Other 240 312
Inventories 416 399
Other current assets 120 130
Total current assets 4,945 4,404
Property, plant and equipment:    
Total — at cost 47,693 46,826
Less: Reserves for depreciation, depletion, amortization and lease impairment 21,452 20,474
Property, plant and equipment — net 26,241 26,352
Goodwill 375 375
Deferred income taxes 2,832 2,653
Other assets 415 373
Total Assets 34,808 34,157
Current Liabilities:    
Accounts payable 346 457
Accrued liabilities 1,660 1,997
Taxes payable 93 88
Current maturities of long-term debt 94 86
Total current liabilities 2,193 2,628
Long-term debt 6,498 6,506
Deferred income taxes 1,320 1,334
Asset retirement obligations 2,175 2,158
Other liabilities and deferred credits 988 1,130
Total liabilities 13,174 13,756
Hess Corporation stockholders’ equity    
Preferred stock Series A 8% cumulative mandatory convertible , par value $1.00. Authorized —20,000,000 shares; $1,000 per share liquidation preference; Issued — 575,000 shares (2015: 0) 1 0
Common stock, par value $1.00. Authorized — 600,000,000 shares; Issued — 316,719,379 shares (2015: 286,045,586) 317 286
Capital in excess of par value 5,722 4,127
Retained earnings 16,042 16,637
Accumulated other comprehensive income (loss) (1,484) (1,664)
Total Hess Corporation stockholders' equity 20,598 19,386
Noncontrolling interests 1,036 1,015
Total equity 21,634 20,401
Total Liabilities and Equity $ 34,808 $ 34,157