2013 Q3 Form 10-Q Financial Statement

#000119312513433105 Filed on November 07, 2013

View on sec.gov

Income Statement

Concept 2013 Q3 2012 Q3
Revenue $2.698B $3.494B
YoY Change -22.78% -59.96%
Cost Of Revenue $459.0M $503.0M
YoY Change -8.75% -92.59%
Gross Profit $2.185B $2.615B
YoY Change -16.44% 39.91%
Gross Profit Margin 80.99% 74.84%
Selling, General & Admin $1.691B $702.0M
YoY Change 140.88% 44.44%
% of Gross Profit 77.39% 26.85%
Research & Development $169.0M $259.0M
YoY Change -34.75% 30.15%
% of Gross Profit 7.73% 9.9%
Depreciation & Amortization $681.0M $728.0M
YoY Change -6.46% 24.23%
% of Gross Profit 31.17% 27.84%
Operating Expenses $1.489B $1.689B
YoY Change -11.84% 32.89%
Operating Profit $696.0M $926.0M
YoY Change -24.84% 54.85%
Interest Expense -$86.00M -$104.0M
YoY Change -17.31% -20.0%
% of Operating Profit -12.36% -11.23%
Other Income/Expense, Net -$3.000M $46.00M
YoY Change -106.52% -866.67%
Pretax Income $691.0M $990.0M
YoY Change -30.2% 364.79%
Income Tax $325.0M $480.0M
% Of Pretax Income 47.03% 48.48%
Net Earnings $420.0M $557.0M
YoY Change -24.6% 86.91%
Net Earnings / Revenue 15.57% 15.94%
Basic Earnings Per Share $1.24 $1.65
Diluted Earnings Per Share $1.23 $1.64
COMMON SHARES
Basic Shares Outstanding 339.0M 338.6M shares
Diluted Shares Outstanding 343.3M shares 340.0M shares

Balance Sheet

Concept 2013 Q3 2012 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $321.0M $528.0M
YoY Change -39.2% -36.15%
Cash & Equivalents $321.0M $528.0M
Short-Term Investments
Other Short-Term Assets $822.0M $2.167B
YoY Change -62.07% 122.71%
Inventory $695.0M $1.218B
Prepaid Expenses
Receivables $1.418B $3.908B
Other Receivables $359.0M $336.0M
Total Short-Term Assets $9.257B $8.157B
YoY Change 13.49% 9.07%
LONG-TERM ASSETS
Property, Plant & Equipment $27.41B $28.14B
YoY Change -2.59% 16.46%
Goodwill $1.869B $2.208B
YoY Change -15.35%
Intangibles
YoY Change
Long-Term Investments $441.0M $401.0M
YoY Change 9.98% 2.56%
Other Assets $298.0M $430.0M
YoY Change -30.7% -85.27%
Total Long-Term Assets $32.64B $34.06B
YoY Change -4.16% 14.05%
TOTAL ASSETS
Total Short-Term Assets $9.257B $8.157B
Total Long-Term Assets $32.64B $34.06B
Total Assets $41.90B $42.21B
YoY Change -0.75% 13.05%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $453.0M $2.543B
YoY Change -82.19% -27.05%
Accrued Expenses $2.783B $3.905B
YoY Change -28.73% 72.94%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $791.0M $621.0M
YoY Change 27.38% 1311.36%
Total Short-Term Liabilities $6.923B $7.848B
YoY Change -11.79% 18.8%
LONG-TERM LIABILITIES
Long-Term Debt $5.418B $7.220B
YoY Change -24.96% 30.14%
Other Long-Term Liabilities $1.179B $1.501B
YoY Change -21.45% -51.8%
Total Long-Term Liabilities $1.179B $1.501B
YoY Change -21.45% -82.67%
TOTAL LIABILITIES
Total Short-Term Liabilities $6.923B $7.848B
Total Long-Term Liabilities $1.179B $1.501B
Total Liabilities $18.05B $21.56B
YoY Change -16.26% 16.5%
SHAREHOLDERS EQUITY
Retained Earnings $20.28B $17.38B
YoY Change 16.7%
Common Stock $3.937B $3.840B
YoY Change 2.53%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $23.77B $20.54B
YoY Change
Total Liabilities & Shareholders Equity $41.90B $42.21B
YoY Change -0.75% 13.05%

Cashflow Statement

Concept 2013 Q3 2012 Q3
OPERATING ACTIVITIES
Net Income $420.0M $557.0M
YoY Change -24.6% 86.91%
Depreciation, Depletion And Amortization $681.0M $728.0M
YoY Change -6.46% 24.23%
Cash From Operating Activities $1.254B $1.862B
YoY Change -32.65% 82.19%
INVESTING ACTIVITIES
Capital Expenditures -$1.407B -$2.135B
YoY Change -34.1% -12.28%
Acquisitions
YoY Change
Other Investing Activities -$80.00M $518.0M
YoY Change -115.44% 354.39%
Cash From Investing Activities -$1.487B -$1.617B
YoY Change -8.04% -30.3%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -171.0M -126.0M
YoY Change 35.71% 82.61%
NET CHANGE
Cash From Operating Activities 1.254B 1.862B
Cash From Investing Activities -1.487B -1.617B
Cash From Financing Activities -171.0M -126.0M
Net Change In Cash -404.0M 119.0M
YoY Change -439.5% -108.71%
FREE CASH FLOW
Cash From Operating Activities $1.254B $1.862B
Capital Expenditures -$1.407B -$2.135B
Free Cash Flow $2.661B $3.997B
YoY Change -33.43% 15.65%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2013Q3 us-gaap Minority Interest
MinorityInterest
73000000
CY2013Q3 us-gaap Derivative Fair Value Of Derivative Liability Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral
-32000000
CY2013Q3 us-gaap Liabilities Of Assets Held For Sale
LiabilitiesOfAssetsHeldForSale
2511000000
CY2013Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
1179000000
CY2013Q3 us-gaap Stockholders Equity
StockholdersEquity
23769000000
CY2013Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
3599000000
CY2013Q2 hes Financial Assets And Liabilities Measured At Fair Value
FinancialAssetsAndLiabilitiesMeasuredAtFairValue
107000000
CY2012Q2 hes Financial Assets And Liabilities Measured At Fair Value
FinancialAssetsAndLiabilitiesMeasuredAtFairValue
87000000
CY2012Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
20652000000
CY2012Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
528000000
CY2012Q3 hes Financial Assets And Liabilities Measured At Fair Value
FinancialAssetsAndLiabilitiesMeasuredAtFairValue
117000000
CY2013Q1 hes Number Of Barrels Per Day Hedged Crude Oil Cash Flow Hedges
NumberOfBarrelsPerDayHedgedCrudeOilCashFlowHedges
90000 bbl
CY2013Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
337575164 shares
CY2013Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
337575164 shares
CY2013Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
600000000 shares
CY2013Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
1.00
CY2013Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
2783000000
CY2013Q3 us-gaap Liabilities Fair Value Disclosure Recurring
LiabilitiesFairValueDisclosureRecurring
634000000
CY2013Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
15707000000
CY2013Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
453000000
CY2013Q3 us-gaap Restructuring Reserve
RestructuringReserve
218000000
CY2013Q3 us-gaap Liabilities Current
LiabilitiesCurrent
6923000000
CY2013Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-447000000
CY2013Q3 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
6606000000
CY2013Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
23842000000
CY2013Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
130000000
CY2013Q3 us-gaap Derivative Liabilities
DerivativeLiabilities
580000000
CY2013Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
20279000000
CY2013Q3 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
5418000000
CY2013Q3 us-gaap Taxes Payable Current
TaxesPayableCurrent
385000000
CY2013Q3 us-gaap Capital Lease Obligations
CapitalLeaseObligations
98000000
CY2013Q3 us-gaap Goodwill
Goodwill
1869000000
CY2013Q3 us-gaap Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
359000000
CY2013Q3 us-gaap Common Stock Value
CommonStockValue
338000000
CY2013Q3 us-gaap Debt Current
DebtCurrent
791000000
CY2013Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
41896000000
CY2013Q3 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
2257000000
CY2013Q3 us-gaap Asset Retirement Obligation Current
AssetRetirementObligationCurrent
536000000
CY2013Q3 us-gaap Liabilities
Liabilities
18054000000
CY2013Q3 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
2277000000
CY2013Q3 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
3332000000
CY2013Q3 us-gaap Asset Retirement Obligation
AssetRetirementObligation
2813000000
CY2013Q3 us-gaap Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral
612000000
CY2013Q3 us-gaap Capitalized Exploratory Well Costs That Have Been Capitalized For Period Greater Than One Year
CapitalizedExploratoryWellCostsThatHaveBeenCapitalizedForPeriodGreaterThanOneYear
2105000000
CY2013Q3 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
3248000000
CY2013Q3 us-gaap Crude Oil And Natural Gas Liquids
CrudeOilAndNaturalGasLiquids
334000000
CY2013Q3 us-gaap Assets Current
AssetsCurrent
9257000000
CY2013Q3 us-gaap Derivative Assets
DerivativeAssets
572000000
CY2013Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
298000000
CY2013Q3 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
2617000000
CY2013Q3 us-gaap Assets
Assets
41896000000
CY2013Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
321000000
CY2013Q3 us-gaap Other Inventory
OtherInventory
361000000
CY2013Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1418000000
CY2013Q3 us-gaap Inventory Net
InventoryNet
695000000
CY2013Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
43121000000
CY2013Q3 us-gaap Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral
604000000
CY2013Q3 us-gaap Capitalized Exploratory Well Costs
CapitalizedExploratoryWellCosts
2288000000
CY2013Q3 us-gaap Assets Held For Sale Current
AssetsHeldForSaleCurrent
5642000000
CY2013Q3 us-gaap Other Assets Current
OtherAssetsCurrent
822000000
CY2013Q3 us-gaap Additional Collateral Aggregate Fair Value
AdditionalCollateralAggregateFairValue
95000000
CY2013Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
150000000
CY2013Q3 us-gaap Derivative Fair Value Of Derivative Asset Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral
-32000000
CY2013Q3 us-gaap Assets Fair Value Disclosure Recurring
AssetsFairValueDisclosureRecurring
612000000
CY2013Q3 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
441000000
CY2013Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
27414000000
CY2013Q3 hes Derivative Fair Value Of Derivative Liability Of Cash Collateral
DerivativeFairValueOfDerivativeLiabilityOfCashCollateral
-99000000
CY2013Q3 hes Derivative Fair Value Of Derivative Liability Of Physical Derivative And Financial Instruments
DerivativeFairValueOfDerivativeLiabilityOfPhysicalDerivativeAndFinancialInstruments
-2621000000
CY2013Q3 hes Cash Posted As Collateral
CashPostedAsCollateral
99000000
CY2013Q3 hes Financial Assets And Liabilities Measured At Fair Value
FinancialAssetsAndLiabilitiesMeasuredAtFairValue
22000000
CY2013Q3 hes Derivative Fair Value Of Derivative Asset Of Physical Derivative And Financial Instruments
DerivativeFairValueOfDerivativeAssetOfPhysicalDerivativeAndFinancialInstruments
-2621000000
CY2013Q3 hes Derivative Fair Value Of Derivative Asset Of Cash Collateral
DerivativeFairValueOfDerivativeAssetOfCashCollateral
-23000000
CY2013Q3 hes Cash Received As Collateral
CashReceivedAsCollateral
23000000
CY2013Q3 hes Outstanding Letters Of Credit
OutstandingLettersOfCredit
522000000
CY2013Q3 hes Other Liabilities Measured At Fair Value On Recurring Basis
OtherLiabilitiesMeasuredAtFairValueOnRecurringBasis
22000000
CY2013Q3 hes Other Assets Measured At Fair Value On Recurring Basis
OtherAssetsMeasuredAtFairValueOnRecurringBasis
8000000
CY2013Q3 hes Net Crude Oil Natural Gas And Refined Product Inventories
NetCrudeOilNaturalGasAndRefinedProductInventories
334000000
CY2011Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
18592000000
CY2011Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
2071000000
CY2011Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
351000000
CY2011Q4 hes Financial Assets And Liabilities Measured At Fair Value
FinancialAssetsAndLiabilitiesMeasuredAtFairValue
-143000000
CY2012Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
341527617 shares
CY2012Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
600000000 shares
CY2012Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
1.00
CY2012Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
3287000000
CY2012Q4 us-gaap Liabilities Fair Value Disclosure Recurring
LiabilitiesFairValueDisclosureRecurring
609000000
CY2012Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
16746000000
CY2012Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
2809000000
CY2012Q4 us-gaap Liabilities Current
LiabilitiesCurrent
8382000000
CY2012Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-493000000
CY2012Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
8887000000
CY2012Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
21203000000
CY2012Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
101000000
CY2012Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
1658000000
CY2012Q4 us-gaap Stockholders Equity
StockholdersEquity
21090000000
CY2012Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
3524000000
CY2012Q4 us-gaap Minority Interest
MinorityInterest
113000000
CY2012Q4 us-gaap Derivative Fair Value Of Derivative Liability Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral
-51000000
CY2012Q4 us-gaap Liabilities Of Assets Held For Sale
LiabilitiesOfAssetsHeldForSale
539000000
CY2012Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
516000000
CY2012Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
17717000000
CY2012Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
7324000000
CY2012Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
960000000
CY2012Q4 us-gaap Common Stock Value
CommonStockValue
342000000
CY2012Q4 us-gaap Debt Current
DebtCurrent
787000000
CY2012Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
43441000000
CY2012Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
2662000000
CY2012Q4 us-gaap Asset Retirement Obligation Current
AssetRetirementObligationCurrent
449000000
CY2012Q4 us-gaap Liabilities
Liabilities
22238000000
CY2012Q4 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
1123000000
CY2012Q4 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
2212000000
CY2012Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
3322000000
CY2012Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
2661000000
CY2012Q4 us-gaap Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral
567000000
CY2012Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
3353000000
CY2012Q4 us-gaap Crude Oil And Natural Gas Liquids
CrudeOilAndNaturalGasLiquids
493000000
CY2012Q4 us-gaap Assets Current
AssetsCurrent
8387000000
CY2012Q4 us-gaap Goodwill
Goodwill
2208000000
CY2012Q4 us-gaap Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
281000000
CY2012Q4 us-gaap Derivative Assets
DerivativeAssets
518000000
CY2012Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
470000000
CY2012Q4 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
3126000000
CY2012Q4 us-gaap Assets
Assets
43441000000
CY2012Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
642000000
CY2012Q4 us-gaap Other Inventory
OtherInventory
527000000
CY2012Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
4057000000
CY2012Q4 us-gaap Inventory Net
InventoryNet
1259000000
CY2012Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
45553000000
CY2012Q4 us-gaap Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral
569000000
CY2012Q4 us-gaap Capitalized Exploratory Well Costs
CapitalizedExploratoryWellCosts
2259000000
CY2012Q4 us-gaap Assets Held For Sale Current
AssetsHeldForSaleCurrent
1092000000
CY2012Q4 us-gaap Other Assets Current
OtherAssetsCurrent
1056000000
CY2012Q4 us-gaap Additional Collateral Aggregate Fair Value
AdditionalCollateralAggregateFairValue
275000000
CY2012Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
243000000
CY2012Q4 us-gaap Derivative Fair Value Of Derivative Asset Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral
-51000000
CY2012Q4 us-gaap Assets Fair Value Disclosure Recurring
AssetsFairValueDisclosureRecurring
621000000
CY2012Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
443000000
CY2012Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
28807000000
CY2012Q4 hes Derivative Fair Value Of Derivative Liability Of Cash Collateral
DerivativeFairValueOfDerivativeLiabilityOfCashCollateral
-5000000
CY2012Q4 hes Derivative Fair Value Of Derivative Liability Of Physical Derivative And Financial Instruments
DerivativeFairValueOfDerivativeLiabilityOfPhysicalDerivativeAndFinancialInstruments
-2750000000
CY2012Q4 hes Cash Posted As Collateral
CashPostedAsCollateral
5000000
CY2012Q4 hes Financial Assets And Liabilities Measured At Fair Value
FinancialAssetsAndLiabilitiesMeasuredAtFairValue
141000000
CY2012Q4 hes Derivative Fair Value Of Derivative Asset Of Physical Derivative And Financial Instruments
DerivativeFairValueOfDerivativeAssetOfPhysicalDerivativeAndFinancialInstruments
-2750000000
CY2012Q4 hes Number Of Barrels Per Day Hedged Crude Oil Cash Flow Hedges
NumberOfBarrelsPerDayHedgedCrudeOilCashFlowHedges
120000 bbl
CY2012Q4 hes Derivative Fair Value Of Derivative Asset Of Cash Collateral
DerivativeFairValueOfDerivativeAssetOfCashCollateral
-34000000
CY2012Q4 hes Cash Received As Collateral
CashReceivedAsCollateral
34000000
CY2012Q4 hes Outstanding Letters Of Credit
OutstandingLettersOfCredit
746000000
CY2012Q4 hes Other Liabilities Measured At Fair Value On Recurring Basis
OtherLiabilitiesMeasuredAtFairValueOnRecurringBasis
42000000
CY2012Q4 hes Other Assets Measured At Fair Value On Recurring Basis
OtherAssetsMeasuredAtFairValueOnRecurringBasis
52000000
CY2012Q4 hes Refined Products And Natural Gas
RefinedProductsAndNaturalGas
1362000000
CY2012Q4 hes Net Crude Oil Natural Gas And Refined Product Inventories
NetCrudeOilNaturalGasAndRefinedProductInventories
732000000
dei Trading Symbol
TradingSymbol
HES
dei Entity Registrant Name
EntityRegistrantName
HESS CORP
dei Amendment Flag
AmendmentFlag
false
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2013
dei Document Type
DocumentType
10-Q
dei Document Period End Date
DocumentPeriodEndDate
2013-09-30
dei Entity Central Index Key
EntityCentralIndexKey
0000004447
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 Segment
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
9.11
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.45
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
343300000 shares
us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
1600000 shares
us-gaap Stock Issued During Period Shares Restricted Stock Award Gross
StockIssuedDuringPeriodSharesRestrictedStockAwardGross
1205569 shares
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
9.22
us-gaap Initial Period In Which Effects Are Expected To Be Realized
InitialPeriodInWhichEffectsAreExpectedToBeRealized
One year
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
3019000000
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1100000 shares
us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
1300000 shares
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
3320000000
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
8.73
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
279093 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
339300000 shares
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.48
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.49
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
8.63
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
4661606 shares
us-gaap Pension Contributions
PensionContributions
110000000
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-58000000
us-gaap Revenues
Revenues
10920000000
us-gaap Reclassification To Well Facilities And Equipment Based On Determination Of Proved Reserves
ReclassificationToWellFacilitiesAndEquipmentBasedOnDeterminationOfProvedReserves
69000000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
3173000000
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
3359000000
us-gaap Oil And Gas Revenue
OilAndGasRevenue
9183000000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
4342000000
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
164000000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax
17000000
us-gaap Trading Activity Gains And Losses Net
TradingActivityGainsAndLossesNet
70000000
us-gaap Other Comprehensive Income Loss Finalization Of Pension And Non Pension Postretirement Plan Valuation Net Of Tax
OtherComprehensiveIncomeLossFinalizationOfPensionAndNonPensionPostretirementPlanValuationNetOfTax
156000000
us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
10000000
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
169000000
us-gaap Asset Retirement Obligation Foreign Currency Translation
AssetRetirementObligationForeignCurrencyTranslation
-62000000
us-gaap Goodwill Written Off Related To Sale Of Business Unit
GoodwillWrittenOffRelatedToSaleOfBusinessUnit
339000000
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
758000000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-57000000
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
1290000000
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
165000000
us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
1008000000
us-gaap Other Comprehensive Income Loss Finalization Of Pension And Non Pension Postretirement Plan Valuation Before Tax
OtherComprehensiveIncomeLossFinalizationOfPensionAndNonPensionPostretirementPlanValuationBeforeTax
245000000
us-gaap Capitalized Exploratory Well Cost Charged To Expense
CapitalizedExploratoryWellCostChargedToExpense
7000000
us-gaap Stock Issued During Period Value Stock Options Exercised Net Of Tax Benefit Expense
StockIssuedDuringPeriodValueStockOptionsExercisedNetOfTaxBenefitExpense
95000000
us-gaap Profit Loss
ProfitLoss
3307000000
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
43000000
us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
568000000
us-gaap Impairment Of Leasehold
ImpairmentOfLeasehold
167000000
us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
461000000
us-gaap Gain Loss On Sale Of Oil And Gas Property
GainLossOnSaleOfOilAndGasProperty
1794000000
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
2962000000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-147000000
us-gaap Goodwill Other Changes
GoodwillOtherChanges
170000000
us-gaap Repayments Of Debt And Capital Lease Obligations
RepaymentsOfDebtAndCapitalLeaseObligations
60000000
us-gaap Net Income Loss
NetIncomeLoss
3127000000
us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
39000000
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-266000000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
52000000
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
69000000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
500000000
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
14000000
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
3138000000
us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
155000000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
4388000000
us-gaap Payments Of Dividends
PaymentsOfDividends
154000000
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
180000000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax
-119000000
us-gaap Costs And Expenses
CostsAndExpenses
6578000000
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
84000000
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
186000000
us-gaap Other Comprehensive Income Finalization Of Pension And Non Pension Postretirement Plan Valuation Tax
OtherComprehensiveIncomeFinalizationOfPensionAndNonPensionPostretirementPlanValuationTax
89000000
us-gaap Taxes Other
TaxesOther
311000000
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
469000000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-2829000000
us-gaap Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
176000000
us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
-62000000
us-gaap Proceeds From Repayments Of Short Term Debt Maturing In Three Months Or Less
ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess
-1313000000
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-2820000000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
405000000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax
46000000
us-gaap Cash Provided By Used In Financing Activities Discontinued Operations
CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations
-9000000
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
3802000000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
29000000
us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
500000000
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
154000000
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
26000000
us-gaap Share Based Compensation
ShareBasedCompensation
51000000
us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
1570000000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-321000000
us-gaap Exploration Expense
ExplorationExpense
573000000
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-750000000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-812000000
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-185000000
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
4000000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1204000000
hes Short Term Credit Facilities Net Repayments
ShortTermCreditFacilitiesNetRepayments
555000000
us-gaap Exploration Abandonment And Impairment Expense
ExplorationAbandonmentAndImpairmentExpense
87000000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1973000000
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
535000000
us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
301000000
us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
97000000
us-gaap Defined Benefit Plans Estimated Future Employer Contributions In Current Fiscal Year
DefinedBenefitPlansEstimatedFutureEmployerContributionsInCurrentFiscalYear
145000000
us-gaap Capitalized Exploratory Well Cost Additions Pending Determination Of Proved Reserves
CapitalizedExploratoryWellCostAdditionsPendingDeterminationOfProvedReserves
183000000
us-gaap Interest Expense Debt
InterestExpenseDebt
291000000
hes Cost Of Products Sold Other
CostOfProductsSoldOther
1391000000
hes Unrealized Gains Losses Included In Earnings
UnrealizedGainsLossesIncludedInEarnings
-122000000
hes Estimated Pension And Postretirement Medical Expense For Next Fiscal Year
EstimatedPensionAndPostretirementMedicalExpenseForNextFiscalYear
80000000
hes Percentage Of Information Disclosed For Trading Partnership
PercentageOfInformationDisclosedForTradingPartnership
1.00 pure
hes Net Repayments
NetRepayments
1913000000
hes Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Net Assets Liabilities Sales
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisNetAssetsLiabilitiesSales
32000000
hes Voting Interest In Trading Partnership
VotingInterestInTradingPartnership
0.50 pure
hes Before Tax Amortization Of Net Actuarial Losses Previously Recorded In Accumulated Other Comprehensive Income
BeforeTaxAmortizationOfNetActuarialLossesPreviouslyRecordedInAccumulatedOtherComprehensiveIncome
46000000
hes After Tax Effect Of Amortization Of Net Actuarial Losses Previously Recorded In Accumulated Other Comprehensive Income
AfterTaxEffectOfAmortizationOfNetActuarialLossesPreviouslyRecordedInAccumulatedOtherComprehensiveIncome
29000000
hes Estimated Amortization Of Unrecognized Net Actuarial Losses For Next Fiscal Year
EstimatedAmortizationOfUnrecognizedNetActuarialLossesForNextFiscalYear
60000000
hes Share Based Compensation Arrangement By Payment Award Options Amount Grants In Period Gross
ShareBasedCompensationArrangementByPaymentAwardOptionsAmountGrantsInPeriodGross
12000000
hes Non Controlling Interests Net
NonControllingInterestsNet
212000000
hes Income Tax On Amortization Of Net Actuarial Losses Previously Recorded In Accumulated Other Comprehensive Income
IncomeTaxOnAmortizationOfNetActuarialLossesPreviouslyRecordedInAccumulatedOtherComprehensiveIncome
17000000
hes Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Net Asset Liabilities Purchases
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisNetAssetLiabilitiesPurchases
44000000
hes Exploratory Dry Hole Costs Incurred And Subsequently Expensed
ExploratoryDryHoleCostsIncurredAndSubsequentlyExpensed
80000000
hes Transfers Into Level Three
TransfersIntoLevelThree
12000000
hes Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Net Assets Liabilities Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisNetAssetsLiabilitiesSettlements
20000000
hes Transfers Out Of Level Three
TransfersOutOfLevelThree
23000000
hes Asset Backed Credit Facility Decrease Repayments
AssetBackedCreditFacilityDecreaseRepayments
600000000
hes Number Of Gasoline Stations Acquired
NumberOfGasolineStationsAcquired
50 Lease
hes Dispositions And Other
DispositionsAndOther
78000000
hes Cash Distributions To Noncontrolling Interests Net
CashDistributionsToNoncontrollingInterestsNet
182000000
hes Enhanced Benefit Arrangements
EnhancedBenefitArrangements
80000000
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.85
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.30
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
340300000 shares
us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
900000 shares
us-gaap Stock Issued During Period Shares Restricted Stock Award Gross
StockIssuedDuringPeriodSharesRestrictedStockAwardGross
1561300 shares
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.88
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
3995000000
us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
1100000 shares
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
4090000000
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
4.65
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
420628 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
338300000 shares
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.22
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.23
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
4.63
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
8810000 shares
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
24000000
us-gaap Revenues
Revenues
9776000000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
2043000000
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
2080000000
us-gaap Oil And Gas Revenue
OilAndGasRevenue
9292000000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
2919000000
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
26000000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax
-179000000
us-gaap Trading Activity Gains And Losses Net
TradingActivityGainsAndLossesNet
94000000
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
98000000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
72000000
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
432000000
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
77000000
us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
-67000000
us-gaap Stock Issued During Period Value Stock Options Exercised Net Of Tax Benefit Expense
StockIssuedDuringPeriodValueStockOptionsExercisedNetOfTaxBenefitExpense
36000000
us-gaap Profit Loss
ProfitLoss
1687000000
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-101000000
us-gaap Gain Loss On Sale Of Oil And Gas Property
GainLossOnSaleOfOilAndGasProperty
412000000
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
1574000000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
153000000
us-gaap Net Income Loss
NetIncomeLoss
1651000000
us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
42000000
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
153000000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
393000000
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
-166000000
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
200000000
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
1589000000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
5928000000
us-gaap Payments Of Dividends
PaymentsOfDividends
136000000
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
36000000
us-gaap Impairment Of Leasehold
ImpairmentOfLeasehold
163000000
us-gaap Costs And Expenses
CostsAndExpenses
6857000000
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
9000000
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
37000000
us-gaap Taxes Other
TaxesOther
409000000
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
410000000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1469000000
us-gaap Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
15000000
us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
-84000000
us-gaap Proceeds From Repayments Of Short Term Debt Maturing In Three Months Or Less
ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess
1583000000
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
1472000000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-85000000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax
-480000000
us-gaap Cash Provided By Used In Financing Activities Discontinued Operations
CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations
-3000000
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
656000000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-301000000
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
102000000
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
-65000000
us-gaap Share Based Compensation
ShareBasedCompensation
60000000
us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
1653000000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
177000000
us-gaap Exploration Expense
ExplorationExpense
708000000
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-5298000000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-5382000000
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-40000000
us-gaap Asset Impairment Charges
AssetImpairmentCharges
267000000
us-gaap Exploration Abandonment And Impairment Expense
ExplorationAbandonmentAndImpairmentExpense
210000000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
2136000000
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
448000000
us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
95000000
us-gaap Interest Expense Debt
InterestExpenseDebt
313000000
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
21000000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1330000000
hes Cost Of Products Sold Other
CostOfProductsSoldOther
961000000
hes Unrealized Gains Losses Included In Other Comprehensive Income
UnrealizedGainsLossesIncludedInOtherComprehensiveIncome
43000000
hes Unrealized Gains Losses Included In Earnings
UnrealizedGainsLossesIncludedInEarnings
-72000000
hes Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Net Assets Liabilities Sales
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisNetAssetsLiabilitiesSales
266000000
hes Before Tax Amortization Of Net Actuarial Losses Previously Recorded In Accumulated Other Comprehensive Income
BeforeTaxAmortizationOfNetActuarialLossesPreviouslyRecordedInAccumulatedOtherComprehensiveIncome
64000000
hes After Tax Effect Of Amortization Of Net Actuarial Losses Previously Recorded In Accumulated Other Comprehensive Income
AfterTaxEffectOfAmortizationOfNetActuarialLossesPreviouslyRecordedInAccumulatedOtherComprehensiveIncome
40000000
hes Non Controlling Interests Net
NonControllingInterestsNet
1000000
hes Income Tax On Amortization Of Net Actuarial Losses Previously Recorded In Accumulated Other Comprehensive Income
IncomeTaxOnAmortizationOfNetActuarialLossesPreviouslyRecordedInAccumulatedOtherComprehensiveIncome
24000000
hes Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Net Asset Liabilities Purchases
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisNetAssetLiabilitiesPurchases
244000000
hes Share Based Compensation Arrangement By Payment Award Options Amount Grants In Period Gross
ShareBasedCompensationArrangementByPaymentAwardOptionsAmountGrantsInPeriodGross
5000000
hes Transfers Into Level Three
TransfersIntoLevelThree
-100000000
hes Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Net Assets Liabilities Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisNetAssetsLiabilitiesSettlements
-232000000
hes Transfers Out Of Level Three
TransfersOutOfLevelThree
-21000000
CY2013Q1 us-gaap Stock Repurchase Program Authorized Amount
StockRepurchaseProgramAuthorizedAmount
4000000000
CY2012 us-gaap Underlying Derivative Volume
UnderlyingDerivativeVolume
107.70
CY2012 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
186000000
CY2012 us-gaap Asset Retirement Obligation Foreign Currency Translation
AssetRetirementObligationForeignCurrencyTranslation
64000000
CY2012 us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
529000000
CY2012 us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
324000000
CY2012 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
135000000
CY2012 hes Number Of Barrels Per Day Hedged Crude Oil That Realized Hedge Losses
NumberOfBarrelsPerDayHedgedCrudeOilThatRealizedHedgeLosses
24000 bbl
CY2013Q1 us-gaap Underlying Derivative Volume
UnderlyingDerivativeVolume
109.70
CY2013Q1 us-gaap Effect Of Lifo Inventory Liquidation On Income
EffectOfLIFOInventoryLiquidationOnIncome
218000000
CY2013Q1 us-gaap Other Comprehensive Income Loss Finalization Of Pension And Non Pension Postretirement Plan Valuation Before Tax
OtherComprehensiveIncomeLossFinalizationOfPensionAndNonPensionPostretirementPlanValuationBeforeTax
245000000
CY2013Q1 hes Additional Depreciation
AdditionalDepreciation
80000000
CY2013Q1 hes Effect Of Lifo Inventory Liquidation On Income After Tax
EffectOfLifoInventoryLiquidationOnIncomeAfterTax
137000000
CY2012Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.64
CY2012Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.10
CY2012Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
340000000 shares
CY2012Q3 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
400000 shares
CY2012Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.65
CY2012Q3 us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
1000000 shares
CY2012Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
1.49
CY2012Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
338600000 shares
CY2012Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.16
CY2012Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.16
CY2012Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
1.48
CY2012Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
11519000 shares
CY2012Q3 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
17000000
CY2012Q3 us-gaap Revenues
Revenues
3494000000
CY2012Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
661000000
CY2012Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
699000000
CY2012Q3 us-gaap Oil And Gas Revenue
OilAndGasRevenue
3072000000
CY2012Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
990000000
CY2012Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax
-3000000
CY2012Q3 us-gaap Trading Activity Gains And Losses Net
TradingActivityGainsAndLossesNet
85000000
CY2012Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
82000000
CY2012Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
46000000
CY2012Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
53000000
CY2012Q3 us-gaap Profit Loss
ProfitLoss
592000000
CY2012Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-78000000
CY2012Q3 us-gaap Gain Loss On Sale Of Oil And Gas Property
GainLossOnSaleOfOilAndGasProperty
376000000
CY2012Q3 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
504000000
CY2012Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
161000000
CY2012Q3 us-gaap Net Income Loss
NetIncomeLoss
557000000
CY2012Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
161000000
CY2012Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
107000000
CY2012Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
-130000000
CY2012Q3 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
-67000000
CY2012Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
510000000
CY2012Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
35000000
CY2012Q3 us-gaap Costs And Expenses
CostsAndExpenses
2504000000
CY2012Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
38000000
CY2012Q3 us-gaap Taxes Other
TaxesOther
144000000
CY2012Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
134000000
CY2012Q3 us-gaap Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
6000000
CY2012Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax
-14000000
CY2012Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-11000000
CY2012Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
-52000000
CY2012Q3 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
568000000
CY2012Q3 us-gaap Exploration Expense
ExplorationExpense
259000000
CY2012Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-13000000
CY2012Q3 us-gaap Asset Impairment Charges
AssetImpairmentCharges
208000000
CY2012Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
728000000
CY2012Q3 us-gaap Interest Expense Debt
InterestExpenseDebt
104000000
CY2012Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
29000000
CY2012Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
480000000
CY2012Q3 hes Cost Of Products Sold Other
CostOfProductsSoldOther
359000000
CY2012Q3 hes Unrealized Gains Losses Included In Earnings
UnrealizedGainsLossesIncludedInEarnings
-26000000
CY2012Q3 hes Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Net Assets Liabilities Sales
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisNetAssetsLiabilitiesSales
9000000
CY2012Q3 hes Before Tax Amortization Of Net Actuarial Losses Previously Recorded In Accumulated Other Comprehensive Income
BeforeTaxAmortizationOfNetActuarialLossesPreviouslyRecordedInAccumulatedOtherComprehensiveIncome
21000000
CY2012Q3 hes After Tax Effect Of Amortization Of Net Actuarial Losses Previously Recorded In Accumulated Other Comprehensive Income
AfterTaxEffectOfAmortizationOfNetActuarialLossesPreviouslyRecordedInAccumulatedOtherComprehensiveIncome
13000000
CY2012Q3 hes Income Tax On Amortization Of Net Actuarial Losses Previously Recorded In Accumulated Other Comprehensive Income
IncomeTaxOnAmortizationOfNetActuarialLossesPreviouslyRecordedInAccumulatedOtherComprehensiveIncome
8000000
CY2012Q3 hes Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Net Asset Liabilities Purchases
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisNetAssetLiabilitiesPurchases
14000000
CY2012Q3 hes Transfers Into Level Three
TransfersIntoLevelThree
-50000000
CY2012Q3 hes Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Net Assets Liabilities Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisNetAssetsLiabilitiesSettlements
-15000000
CY2012Q3 hes Transfers Out Of Level Three
TransfersOutOfLevelThree
-14000000
CY2013Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.16
CY2013Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.16
CY2013Q3 us-gaap Gain Loss On Sale Of Oil And Gas Property
GainLossOnSaleOfOilAndGasProperty
-5000000
CY2013Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
1.07
CY2013Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3680344 shares
CY2013Q3 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
366000000
CY2013Q3 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount
3500000000
CY2013Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.23
CY2013Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.25
CY2013Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
343300000 shares
CY2013Q3 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
1800000 shares
CY2013Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.24
CY2013Q3 us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
6530000 shares
CY2013Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1100000 shares
CY2013Q3 us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
1400000 shares
CY2013Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
1.08
CY2013Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
339000000 shares
CY2013Q3 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-8000000
CY2013Q3 us-gaap Revenues
Revenues
2698000000
CY2013Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
392000000
CY2013Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
390000000
CY2013Q3 us-gaap Oil And Gas Revenue
OilAndGasRevenue
2706000000
CY2013Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
691000000
CY2013Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax
2000000
CY2013Q3 us-gaap Trading Activity Gains And Losses Net
TradingActivityGainsAndLossesNet
14000000
CY2013Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
52000000
CY2013Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-3000000
CY2013Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
54000000
CY2013Q3 us-gaap Effect Of Lifo Inventory Liquidation On Income
EffectOfLIFOInventoryLiquidationOnIncome
228000000
CY2013Q3 us-gaap Profit Loss
ProfitLoss
418000000
CY2013Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-59000000
CY2013Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
27000000
CY2013Q3 us-gaap Net Income Loss
NetIncomeLoss
420000000
CY2013Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
27000000
CY2013Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-28000000
CY2013Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
-96000000
CY2013Q3 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
-62000000
CY2013Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
366000000
CY2013Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-2000000
CY2013Q3 us-gaap Costs And Expenses
CostsAndExpenses
2007000000
CY2013Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-2000000
CY2013Q3 us-gaap Taxes Other
TaxesOther
84000000
CY2013Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
153000000
CY2013Q3 us-gaap Restructuring And Related Cost Incurred Cost
RestructuringAndRelatedCostIncurredCost
44000000
CY2013Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax
5000000
CY2013Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
3000000
CY2013Q3 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
500000000
CY2013Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
-37000000
CY2013Q3 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
475000000
CY2013Q3 us-gaap Exploration Expense
ExplorationExpense
154000000
CY2013Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-7000000
CY2013Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
681000000
CY2013Q3 us-gaap Interest Expense Debt
InterestExpenseDebt
86000000
CY2013Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
-2000000
CY2013Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
325000000
CY2013Q3 hes Cost Of Products Sold Other
CostOfProductsSoldOther
374000000
CY2013Q3 hes Unrealized Gains Losses Included In Earnings
UnrealizedGainsLossesIncludedInEarnings
-61000000
CY2013Q3 hes Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Net Assets Liabilities Sales
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisNetAssetsLiabilitiesSales
1000000
CY2013Q3 hes Before Tax Amortization Of Net Actuarial Losses Previously Recorded In Accumulated Other Comprehensive Income
BeforeTaxAmortizationOfNetActuarialLossesPreviouslyRecordedInAccumulatedOtherComprehensiveIncome
12000000
CY2013Q3 hes After Tax Effect Of Amortization Of Net Actuarial Losses Previously Recorded In Accumulated Other Comprehensive Income
AfterTaxEffectOfAmortizationOfNetActuarialLossesPreviouslyRecordedInAccumulatedOtherComprehensiveIncome
7000000
CY2013Q3 hes Income Tax On Amortization Of Net Actuarial Losses Previously Recorded In Accumulated Other Comprehensive Income
IncomeTaxOnAmortizationOfNetActuarialLossesPreviouslyRecordedInAccumulatedOtherComprehensiveIncome
5000000
CY2013Q3 hes Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Net Asset Liabilities Purchases
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisNetAssetLiabilitiesPurchases
4000000
CY2013Q3 hes Transfers Into Level Three
TransfersIntoLevelThree
14000000
CY2013Q3 hes Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Net Assets Liabilities Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisNetAssetsLiabilitiesSettlements
7000000
CY2013Q3 hes Effect Of Lifo Inventory Liquidation On Income After Tax
EffectOfLifoInventoryLiquidationOnIncomeAfterTax
143000000
CY2013Q3 hes Transfers Out Of Level Three
TransfersOutOfLevelThree
-6000000

Files In Submission

Name View Source Status
0001193125-13-433105-index-headers.html Edgar Link pending
0001193125-13-433105-index.html Edgar Link pending
0001193125-13-433105.txt Edgar Link pending
0001193125-13-433105-xbrl.zip Edgar Link pending
d600752d10q.htm Edgar Link pending
d600752dex311.htm Edgar Link pending
d600752dex312.htm Edgar Link pending
d600752dex321.htm Edgar Link pending
d600752dex322.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
Financial_Report.xlsx Edgar Link pending
hes-20130930.xml Edgar Link completed
hes-20130930.xsd Edgar Link pending
hes-20130930_cal.xml Edgar Link unprocessable
hes-20130930_def.xml Edgar Link unprocessable
hes-20130930_lab.xml Edgar Link unprocessable
hes-20130930_pre.xml Edgar Link unprocessable
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending