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CONSOLIDATED BALANCE SHEET - USD ($)
$ in Millions
Sep. 30, 2023
Dec. 31, 2022
Current Assets:    
Cash and cash equivalents $ 2,018 $ 2,486
Accounts receivable:    
From contracts with customers 1,286 1,041
Joint venture and other 174 121
Inventories 333 217
Other current assets 105 66
Total current assets 3,916 3,931
Property, plant and equipment:    
Total — at cost 35,223 32,592
Less: Reserves for depreciation, depletion, amortization and lease impairment 18,802 17,494
Property, plant and equipment — net 16,421 15,098
Operating lease right-of-use assets — net 481 570
Finance lease right-of-use assets — net 113 126
Goodwill 360 360
Deferred income taxes 291 133
Post-retirement benefit assets 668 648
Other assets 951 829
Total Assets 23,201 21,695
Current Liabilities:    
Accounts payable 426 285
Accrued liabilities 1,954 1,840
Taxes payable 109 47
Current portion of long-term debt 307 3
Current portion of operating and finance lease obligations 200 221
Total current liabilities 2,996 2,396
Long-term debt 8,241 8,278
Long-term operating lease obligations 392 469
Long-term finance lease obligations 163 179
Deferred income taxes 551 418
Asset retirement obligations 1,113 1,034
Other liabilities and deferred credits 446 425
Total Liabilities 13,902 13,199
Hess Corporation stockholders’ equity:    
Common stock, par value $1.00; Authorized - 600,000,000 shares, Issued - 307,051,889 shares (2022: 306,176,864) 307 306
Capital in excess of par value 6,477 6,206
Retained earnings 2,039 1,474
Accumulated other comprehensive income (loss) (192) (131)
Total Hess Corporation stockholders’ equity 8,631 7,855
Noncontrolling interests 668 641
Total Equity 9,299 8,496
Total Liabilities and Equity $ 23,201 $ 21,695