Segment Information (Tables)

3 Months Ended

Mar. 31, 2022

Segment Reporting [Abstract]

Schedule of Financial Data by Operating Segment

The following table presents operating segment financial data:

	Exploration and Production		Midstream		Corporate, Interest and Other		Eliminations		Total
	(In millions)
For the Three Months Ended March 31, 2022
Sales and Other Operating Revenues - Third parties	$	2,313	$	—	$	—	$	—	$	2,313
Intersegment Revenues	—		312		—		(312)		—
Sales and Other Operating Revenues	$	2,313	$	312	$	—	$	(312)	$	2,313
Net Income (Loss) attributable to Hess Corporation	$	460	$	72	$	(115)	$	—	$	417
Depreciation, Depletion and Amortization	292		45		—		—		337
Provision (Benefit) for Income Taxes	192		5		—		—		197
Capital Expenditures	543		37		—		—		580
For the Three Months Ended March 31, 2021
Sales and Other Operating Revenues - Third parties	$	1,898	$	—	$	—	$	—	$	1,898
Intersegment Revenues	—		289		—		(289)		—
Sales and Other Operating Revenues	$	1,898	$	289	$	—	$	(289)	$	1,898
Net Income (Loss) attributable to Hess Corporation	$	308	$	75	$	(131)	$	—	$	252
Depreciation, Depletion and Amortization	355		40		1		—		396
Provision (Benefit) for Income Taxes	120		3		—		—		123
Capital Expenditures	280		23		—		—		303

Identifiable assets by operating segment were as follows:

	March 31, 2022		December 31, 2021
	(In millions)
Exploration and Production	$	14,403	$	14,173
Midstream	3,651		3,671
Corporate, Interest and Other	1,744		2,671
Total	$	19,798	$	20,515