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CONSOLIDATED BALANCE SHEET - USD ($)
$ in Millions
Jun. 30, 2023
Dec. 31, 2022
Current Assets:    
Cash and cash equivalents $ 2,226 $ 2,486
Accounts receivable:    
From contracts with customers 868 1,041
Joint venture and other 151 121
Inventories 278 217
Other current assets 181 66
Total current assets 3,704 3,931
Property, plant and equipment:    
Total — at cost 34,073 32,592
Less: Reserves for depreciation, depletion, amortization and lease impairment 18,332 17,494
Property, plant and equipment — net 15,741 15,098
Operating lease right-of-use assets — net 515 570
Finance lease right-of-use assets — net 117 126
Goodwill 360 360
Deferred income taxes 214 133
Post-retirement benefit assets 664 648
Other assets 915 829
Total Assets 22,230 21,695 Close
Current Liabilities:    
Accounts payable 350 285
Accrued liabilities 1,754 1,840
Taxes payable 69 47
Current portion of long-term debt 8 3
Current portion of operating and finance lease obligations 222 221
Total current liabilities 2,403 2,396
Long-term debt 8,459 8,278
Long-term operating lease obligations 407 469
Long-term finance lease obligations 168 179
Deferred income taxes 497 418
Asset retirement obligations 960 1,034
Other liabilities and deferred credits 434 425
Total Liabilities 13,328 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 6,442 6,206
Retained earnings 1,670 1,474
Accumulated other comprehensive income (loss) (147) (131)
Total Hess Corporation stockholders’ equity 8,272 7,855
Noncontrolling interests 630 641
Total Equity 8,902 8,496 Close
Total Liabilities and Equity $ 22,230 $ 21,695