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CONSOLIDATED BALANCE SHEET - USD ($)
$ in Millions
Jun. 30, 2024
Dec. 31, 2023
Current Assets:    
Cash and cash equivalents $ 2,025 $ 1,688
Accounts receivable:    
From contracts with customers 1,117 1,180
Joint venture and other 198 150
Inventories 382 304
Other current assets 111 108
Total current assets 3,833 3,430
Property, plant and equipment:    
Total — at cost 38,861 36,771
Less: Reserves for depreciation, depletion, amortization and lease impairment 20,432 19,339
Property, plant and equipment — net 18,429 17,432
Operating lease right-of-use assets — net 772 720
Finance lease right-of-use assets — net 100 108
Goodwill 360 360
Deferred income taxes 499 320
Post-retirement benefit assets 689 685
Other assets 1,128 952
Total Assets 25,810 24,007 Close
Current Liabilities:    
Accounts payable 434 402
Accrued liabilities 1,807 2,102
Taxes payable 109 85
Current portion of long-term debt 317 311
Current portion of operating and finance lease obligations 354 370
Total current liabilities 3,021 3,270
Long-term debt 8,548 8,302
Long-term operating lease obligations 520 459
Long-term finance lease obligations 145 156
Deferred income taxes 689 608
Asset retirement obligations 1,252 1,186
Other liabilities and deferred credits 434 424
Total Liabilities 14,609 14,405 Close
Hess Corporation stockholders’ equity:    
Common stock, par value $1.00; Authorized - 600,000,000 shares, Issued - 308,114,909 shares (2023: 307,158,272) 308 307
Capital in excess of par value 6,566 6,495
Retained earnings 3,771 2,318
Accumulated other comprehensive income (loss) (158) (134)
Total Hess Corporation stockholders’ equity 10,487 8,986
Noncontrolling interests 714 616
Total Equity 11,201 9,602 Close
Total Liabilities and Equity $ 25,810 $ 24,007