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CONSOLIDATED BALANCE SHEET - USD ($)
$ in Millions
Mar. 31, 2023
Dec. 31, 2022
Current Assets:    
Cash and cash equivalents $ 2,100 $ 2,486
Accounts receivable:    
From contracts with customers 1,064 1,041
Joint venture and other 143 121
Inventories 229 217
Other current assets 263 66
Total current assets 3,799 3,931
Property, plant and equipment:    
Total — at cost 33,276 32,592
Less: Reserves for depreciation, depletion, amortization and lease impairment 17,864 17,494
Property, plant and equipment — net 15,412 15,098
Operating lease right-of-use assets — net 542 570
Finance lease right-of-use assets — net 121 126
Goodwill 360 360
Deferred income taxes 131 133
Post-retirement benefit assets 663 648
Other assets 910 829
Total Assets 21,938 21,695 Close
Current Liabilities:    
Accounts payable 344 285
Accrued liabilities 1,663 1,840
Taxes payable 59 47
Current portion of long-term debt 5 3
Current portion of operating and finance lease obligations 237 221
Total current liabilities 2,308 2,396
Long-term debt 8,382 8,278
Long-term operating lease obligations 422 469
Long-term finance lease obligations 174 179
Deferred income taxes 454 418
Asset retirement obligations 1,050 1,034
Other liabilities and deferred credits 427 425
Total Liabilities 13,217 13,199 Close
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 6,254 6,206
Retained earnings 1,686 1,474
Accumulated other comprehensive income (loss) (114) (131)
Total Hess Corporation stockholders’ equity 8,133 7,855
Noncontrolling interests 588 641
Total Equity 8,721 8,496 Close
Total Liabilities and Equity $ 21,938 $ 21,695