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STATEMENT OF CONSOLIDATED INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenues and Non-Operating Income        
Sales and other operating revenues $ 2,800 $ 3,122 $ 7,500 $ 8,390
Gains on asset sales, net 2 0 2 25
Other, net 35 35 108 101
Total revenues and non-operating income 2,837 3,157 7,610 8,516 Close
Costs and Expenses        
Marketing, including purchased oil and gas 696 982 1,846 2,507
Operating costs and expenses 467 398 1,303 1,067
Production and severance taxes 61 72 155 200
Exploration expenses, including dry holes and lease impairment 65 58 230 134
General and administrative expenses 115 109 359 314
Interest expense 117 125 362 369
Depreciation, depletion and amortization 499 471 1,487 1,199
Impairment and other 0 54 82 54
Total costs and expenses 2,020 2,269 5,824 5,844 Close
Income Before Income Taxes 817 888 1,786 2,672 Close
Provision for income taxes 215 282 551 807 Close
Net Income 602 606 1,235 1,865 Close
Less: Net income attributable to noncontrolling interests 98 91 266 266
Net Income Attributable to Hess Corporation $ 504 $ 515 $ 969 $ 1,599
Net Income Attributable to Hess Corporation Per Common Share:        
Basic (in dollars per share) $ 1.65 $ 1.67 $ 3.17 $ 5.18
Diluted (in dollars per share) $ 1.64 $ 1.67 $ 3.15 $ 5.16
Weighted Average Number of Common Shares Outstanding:        
Basic (in shares) 306.1 307.6 305.8 308.7
Diluted (in shares) 307.7 308.9 307.5 310.1
Common Stock Dividends Per Share (in dollars per share) $ 0.4375 $ 0.3750 $ 1.3125 $ 1.1250