Weighted Average Common Shares (Tables)

3 Months Ended

Mar. 31, 2016

Earnings Per Share [Abstract]

Net Income (Loss) and Weighted Average Number of Common Shares Used in the Computation of Basic and Diluted Earnings Per Share

The Net income (loss) and weighted average number of common shares used in the basic and diluted earnings per share computations were as follows:  

	Three Months Ended
	March 31,
	2016			2015
	(In millions,
	except per share amounts)
Net income (loss) attributable to Hess Corporation Common Stockholders:
Income (loss) from continuing operations, net of income taxes	$	(488	)	$	(376	)
Less: Net income (loss) attributable to noncontrolling interests		21			—
Net income (loss) from continuing operations attributable to Hess Corporation		(509	)		(376	)
Less: Preferred stock dividends		6			—
Net income (loss) from continuing operations attributable to Hess Corporation Common Stockholders		(515	)		(376	)
Income from discontinued operations, net of income taxes		—			(13	)
Net income (loss) attributable to Hess Corporation Common Stockholders	$	(515	)	$	(389	)
Weighted Average Number of Common Shares Outstanding:
Basic		299.8			283.5
Effect of dilutive securities
Restricted common stock		—			—
Stock options		—			—
Performance share units		—			—
Mandatory Convertible Preferred stock		—			—
Diluted		299.8			283.5
Net Income (Loss) Attributable to Hess Corporation per Common Share:
Basic:
Continuing operations	$	(1.72	)	$	(1.32	)
Discontinued operations		—			(0.05	)
Net income (loss) per common share	$	(1.72	)	$	(1.37	)
Diluted:
Continuing operations	$	(1.72	)	$	(1.32	)
Discontinued operations		—			(0.05	)
Net income (loss) per common share	$	(1.72	)	$	(1.37	)