Hess corporation (HES)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08Dec'07
Cash Flows From Operating Activities
Net income (loss)

-240

-115

-3,941

-6,076

-3,007

2,374

5,222

2,063

1,676

2,138

807

2,357

1,953

Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
(Gains) losses on asset sales, net

22

32

-86

23

51

823

2,174

584

446

1,208

0

0

21

Depreciation, depletion and amortization

2,122

1,883

2,883

3,244

3,955

3,224

2,687

2,866

2,373

2,317

2,200

1,999

1,576

Impairment

0

0

4,203

67

1,616

0

289

582

358

532

54

30

-

Loss from equity investment in HOVENSA L.L.C.

-

-

-

-

-

-

-

-

-1,073

-522

-229

44

124

Loss from equity affiliates

-

-

-

-

-25

-84

0

-

-

-

-

-

-

Exploratory dry hole costs

49

165

268

1,064

410

301

344

377

438

237

267

210

65

Exploration lease and other impairment

17

37

44

145

182

207

245

223

301

266

231

125

102

Pension settlement loss

-93

-4

-19

-

-

-

-

-

-

-

-

-

-

Stock compensation expense

85

72

86

73

97

87

60

83

86

112

128

119

87

Noncash (gains) losses on commodity derivatives, net

-116

-182

-97

0

-48

-

-

-

-

-

-

-

-

Provision (benefit) for deferred income taxes and other tax accruals

17

-120

-2,001

2,200

-1,319

270

-427

-584

-699

-495

-438

-57

-33

Loss on debt extinguishment

0

-53

0

-148

0

0

-

-

-

-

-

-

-

(Income) loss from discontinued operations, net of income taxes

-

-

-

-

-48

682

1,186

255

145

-

-

-

-

Changes in operating assets and liabilities:
(Increase) decrease in accounts receivable

383

138

340

-96

-793

199

239

-125

280

760

-320

-357

-783

(Increase) decrease in inventories

16

12

64

-77

-29

-62

-134

124

51

16

137

56

-254

Increase (decrease) in accounts payable and accrued liabilities

4

88

-44

-87

-424

79

-375

884

323

1,141

-542

-252

597

Increase (decrease) in taxes payable

16

-2

-34

9

-222

-108

-435

28

46

95

-81

61

134

Changes in other operating assets and liabilities

216

126

317

142

164

372

209

163

143

351

-8

161

80

Net cash provided by (used in) operating activities

-

-

-

-

2,016

4,504

3,936

5,521

4,910

-

-

-

-

Net cash provided by (used in) operating activities - discontinued operations

-

-

-

-

-35

-47

1,162

139

74

-

-

-

-

Net cash provided by (used in) operating activities

1,642

1,939

945

795

1,981

4,457

5,098

5,660

4,984

4,530

3,046

4,688

3,627

Cash Flows From Investing Activities
Additions to property, plant and equipment - E&P

2,433

1,854

1,788

1,974

3,952

4,867

5,413

7,682

6,941

5,492

2,918

4,438

3,578

Additions to property, plant and equipment - Midstream

396

243

149

277

369

347

524

-

-

-

-

-

-

Payments for Midstream equity investments

33

67

0

0

-

-

-

-

-

-

-

-

-

Proceeds from asset sales, net of cash sold

22

607

3,296

140

50

2,978

4,458

843

490

183

0

0

93

Payments received on notes receivable

-

-

-

-

-

-

-

-

-

-

-

-

61

Other, net

3

9

1

-21

44

192

285

64

50

-50

6

6

50

Net cash provided by (used in) investing activities

-

-

-

-

-4,315

-2,428

-1,764

-6,903

-6,501

-

-

-

-

Net cash provided by (used in) investing activities - discontinued operations

-

-

-

-

109

2,436

2,114

-148

-65

-

-

-

-

Net cash provided by (used in) investing activities

-2,843

-1,566

1,358

-2,090

-4,206

8

350

-7,051

-6,566

-5,259

-2,924

-4,444

-3,474

Cash Flows From Financing Activities
Net borrowings (repayments) of debt with maturities of 90 days or less

32

0

-153

43

110

0

-1,748

1,648

100

-

-850

30

202

Debt with maturities of greater than 90 days – Borrowings

760

0

800

1,496

600

598

535

630

422

1,278

1,991

0

32

Debt with maturities of greater than 90 days - Repayments

8

633

459

1,455

67

590

1,271

433

100

180

694

62

26

Payments on finance lease obligations

49

0

0

-

-

-

-

-

-

-

-

-

-

Proceeds from issuance of Hess Midstream Partnership LP units

0

0

366

0

0

-

-

-

-

-

-

-

-

Proceeds from issuance of preferred stock

-

-

-

557

0

0

-

-

-

-

-

-

-

Proceeds from issuance of common stock

-

-

-

1,087

0

0

-

-

-

-

-

-

-

Common stock acquired and retired

25

1,365

110

0

142

3,715

1,493

-

-

-

-

-

-

Cash dividends paid

316

345

363

350

287

303

235

171

136

131

131

130

127

Employee stock options exercised, including income tax benefits

-

-

-

-

-

182

128

11

88

54

18

340

111

Noncontrolling interests, net

-353

-211

-243

-23

2,296

0

-182

-

47

46

-2

-121

121

Other, net

11

28

-26

-44

-13

0

0

-

-

-

-

-

-

Net cash provided by (used in) financing activities

-

-

-

-

2,497

-3,828

-4,266

1,685

327

-

-

-

-

Net cash provided by (used in) financing activities - discontinued operations

-

-

-

-

0

-7

-10

-3

-2

-

-

-

-

Net cash provided by (used in) financing activities

52

-2,526

-188

1,311

2,497

-3,835

-4,276

1,682

325

975

332

57

71

Net Increase (Decrease) in Cash and Cash Equivalents

-1,149

-2,153

2,115

16

272

630

1,172

291

-1,257

246

454

301

224