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Statement of Consolidated Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Revenues and Non-Operating Income        
Sales and other operating revenues $ 1,370 $ 1,177 $ 3,863 $ 3,374
Gains on asset sales, net 274 0 276 27
Other, net 22 19 30 57
Total revenues and non-operating income 1,666 1,196 4,169 3,458
Costs and Expenses        
Cost of products sold (excluding items shown separately below) 360 222 851 688
Operating costs and expenses 352 421 1,086 1,312
Production and severance taxes 27 27 88 74
Exploration expenses, including dry holes and lease impairment 40 78 151 409
General and administrative expenses 113 106 309 310
Interest expense 79 84 245 254
Loss on debt extinguishment 0 (80) 0 (80)
Depreciation, depletion and amortization 759 811 2,237 2,476
Impairment 2,503 0 2,503 0
Total costs and expenses 4,233 1,829 7,470 5,603
Income (Loss) Before Income Taxes (2,567) (633) (3,301) (2,145)
Provision (benefit) for income taxes (1,974) (316) (1,995) (967)
Net Income (Loss) (593) (317) (1,306) (1,178)
Less: Net income (loss) attributable to noncontrolling interests 31 22 91 62
Net Income (Loss) Attributable to Hess Corporation (624) (339) (1,397) (1,240)
Less: Preferred stock dividends 11 12 34 30
Net Income (Loss) Attributable to Hess Corporation Common Stockholders $ (635) $ (351) $ (1,431) $ (1,270)
Net Income (Loss) Attributable to Hess Corporation Per Common Share:        
Basic $ (2.02) $ (1.12) $ (4.55) $ (4.11)
Diluted $ (2.02) $ (1.12) $ (4.55) $ (4.11)
Weighted Average Number of Common Shares Outstanding (Diluted) 314.5 313.2 314.3 308.7
Common Stock Dividends Per Share $ 0.25 $ 0.25 $ 0.75 $ 0.75