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Statement of Consolidated Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Revenues and Non-Operating Income        
Sales and other operating revenues $ 1,660 $ 1,534 $ 3,232 $ 2,880
Gains on asset sales, net 22 11 22 18
Other, net 15 21 42 58
Total revenues and non-operating income 1,697 1,566 3,296 2,956
Costs and Expenses        
Marketing, including purchased oil and gas 477 450 885 808
Operating costs and expenses 285 288 551 576
Production and severance taxes 46 42 85 81
Exploration expenses, including dry holes and lease impairment 43 62 77 102
General and administrative expenses 89 129 176 239
Interest expense 97 98 195 201
Loss on debt extinguishment 0 26 0 53
Depreciation, depletion and amortization 494 444 992 861
Total costs and expenses 1,531 1,539 2,961 2,921
Income (Loss) Before Income Taxes 166 27 335 35
Provision (benefit) for income taxes 132 114 226 187
Net Income (Loss) 34 (87) 109 (152)
Less: Net income (loss) attributable to noncontrolling interests 40 43 83 84
Net Income (Loss) Attributable to Hess Corporation (6) (130) 26 (236)
Less: Preferred stock dividends 0 12 4 23
Net Income (Loss) Attributable to Hess Corporation Common Stockholders $ (6) $ (142) $ 22 $ (259)
Net Income (Loss) Attributable to Hess Corporation Per Common Share:        
Basic $ (0.02) $ (0.48) $ 0.07 $ (0.85)
Diluted $ (0.02) $ (0.48) $ 0.07 $ (0.85)
Weighted Average Number of Common Shares Outstanding:        
Basic 302.2 297.5 299.8 303.5
Diluted 302.2 297.5 302.1 303.5
Common Stock Dividends Per Share $ 0.25 $ 0.25 $ 0.50 $ 0.50