Weighted Average Common Shares (Tables)

6 Months Ended

Jun. 30, 2018

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						Six Months Ended
	June 30,						June 30,
	2018			2017			2018			2017
	(In millions)
Net income (loss) attributable to Hess Corporation Common Stockholders:
Net income (loss)	$	(87	)	$	(417	)	$	(152	)	$	(713	)
Less: Net income (loss) attributable to noncontrolling interests		43			32			84			60
Less: Preferred stock dividends		12			11			23			23
Net income (loss) attributable to Hess Corporation Common Stockholders	$	(142	)	$	(460	)	$	(259	)	$	(796	)

Weighted average number of common shares outstanding:
Basic	297.5	314.4	303.5	314.2
Effect of dilutive securities
Restricted common stock	—	—	—	—
Stock options	—	—	—	—
Performance share units	—	—	—	—
Mandatory convertible preferred stock	—	—	—	—
Diluted	297.5	314.4	303.5	314.2

Summary of Antidilutive Shares Excluded from Computation of Diluted Shares

The following table summarizes the number of antidilutive shares excluded from the computation of diluted shares:

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2018		2017		2018		2017
Restricted common stock		2,849,465		3,450,490		2,885,890		3,288,356
Stock options		5,623,004		6,550,253		5,715,292		6,424,574
Performance share units		1,072,395		522,280		847,741		417,642
Common shares from conversion of preferred stocks		12,547,650		12,734,069		12,566,312		12,640,859