XML 13 R2.htm IDEA: XBRL DOCUMENT v3.22.1
CONSOLIDATED BALANCE SHEET - USD ($)
$ in Millions
Mar. 31, 2022
Dec. 31, 2021
Current Assets:    
Cash and cash equivalents $ 1,370 $ 2,713
Accounts receivable:    
From contracts with customers 1,388 1,062
Joint venture and other 136 149
Inventories 243 223
Other current assets 129 199
Total current assets 3,266 4,346
Property, plant and equipment:    
Total — at cost 31,782 31,178
Less: Reserves for depreciation, depletion, amortization and lease impairment 17,293 16,996
Property, plant and equipment — net 14,489 14,182
Operating lease right-of-use assets — net 343 352
Finance lease right-of-use assets — net 140 144
Goodwill 360 360
Deferred income taxes 65 71
Post-retirement benefit assets 412 409
Other assets 723 651
Total Assets 19,798 20,515
Current Liabilities:    
Accounts payable 312 220
Accrued liabilities 1,749 1,710
Taxes payable 129 528
Current portion of long-term debt 22 517
Current portion of operating and finance lease obligations 91 89
Total current liabilities 2,303 3,064
Long-term debt 7,934 7,941
Long-term operating lease obligations 381 394
Long-term finance lease obligations 195 200
Deferred income taxes 416 383
Asset retirement obligations 1,036 1,005
Other liabilities and deferred credits 485 502
Total Liabilities 12,750 13,489
Hess Corporation stockholders’ equity:    
Common stock, par value $1.00; Authorized - 600,000,000 shares, Issued - 309,726,894 shares (2021: 309,744,953) 311 310
Capital in excess of par value 6,083 6,017
Retained earnings 680 379
Accumulated other comprehensive income (loss) (766) (406)
Total Hess Corporation stockholders’ equity 6,308 6,300
Noncontrolling interests 740 726
Total Equity 7,048 7,026
Total Liabilities and Equity $ 19,798 $ 20,515