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Statement of Consolidated Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Revenues and Non-Operating Income    
Sales and other operating revenues $ 973 $ 1,538
Other, net 20 12
Total revenues and non-operating income 993 1,550
Costs and Expenses    
Cost of products sold (excluding items shown separately below) 189 278
Operating costs and expenses 436 506
Production and severance taxes 19 36
Exploration expenses, including dry holes and lease impairment 132 269
General and administrative expenses 98 147
Interest expense 85 85
Depreciation, depletion and amortization 868 956
Total costs and expenses 1,827 2,277
Income (Loss) from Continuing Operations Before Income Taxes (834) (727)
Provision (benefit) for income taxes (346) (351)
Income (Loss) from Continuing Operations (488) (376)
Income (Loss) from Discontinued Operations, Net of Income Taxes 0 (13)
Net Income (Loss) (488) (389)
Less: Net income (loss) attributable to noncontrolling interests 21 0
Net Income (Loss) Attributable to Hess Corporation (509) (389)
Less: Preferred stock dividends 6 0
Net Income (Loss) Applicable to Hess Corporation Common Stockholders $ (515) $ (389)
Basic:    
Continuing operations $ (1.72) $ (1.32)
Discontinued operations 0 (0.05)
Net Income (Loss) Per Common Share (1.72) (1.37)
Diluted:    
Continuing operations (1.72) (1.32)
Discontinued operations 0 (0.05)
Net Income (Loss) Per Common Share $ (1.72) $ (1.37)
Weighted Average Number of Common Shares Outstanding (Diluted) 299.8 283.5
Common Stock Dividends Per Share $ 0.25 $ 0.25