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Consolidated Balance Sheet - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Current Assets:    
Cash and cash equivalents $ 1,688 $ 2,486
Accounts receivable:    
From contracts with customers 1,180 1,041
Joint venture and other 150 121
Inventories 304 217
Other current assets 108 66
Total current assets 3,430 3,931
Property, plant and equipment:    
Total — at cost 36,771 32,592
Less: Reserves for depreciation, depletion, amortization and lease impairment 19,339 17,494
Property, Plant and Equipment — Net 17,432 15,098
Operating lease right-of-use assets — net 720 570
Finance lease right-of-use assets — net 108 126
Post-retirement benefit assets 685 648
Goodwill 360 360
Deferred income taxes 320 133
Other assets 952 829
Total Assets 24,007 21,695 Close
Current Liabilities:    
Accounts payable 402 285
Accrued liabilities 2,102 1,840
Taxes payable 85 47
Current portion of long-term debt 311 3
Current portion of operating and finance lease obligations 370 221
Total current liabilities 3,270 2,396
Long-term debt 8,302 8,278
Long-term operating lease obligations 459 469
Long-term finance lease obligations 156 179
Deferred income taxes 608 418
Asset retirement obligations 1,186 1,034
Other liabilities and deferred credits 424 425
Total Liabilities 14,405 13,199 Close
Hess Corporation stockholders’ equity:    
Common stock, par value $1.00; Authorized 600,000,000 shares. Issued 307,158,272 shares (2022: 306,176,864) 307 306
Capital in excess of par value 6,495 6,206
Retained earnings 2,318 1,474
Accumulated other comprehensive income (loss) (134) (131)
Total Hess Corporation stockholders’ equity 8,986 7,855
Noncontrolling interests 616 641
Total equity 9,602 8,496 Close
Total Liabilities and Equity $ 24,007 $ 21,695