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Network
100370 - Disclosure - Asset Retirement Obligations (Tables)
(http://www.hess.com/20161231/taxonomy/role/DisclosureAssetRetirementObligationsTables)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Reporting Entity [Axis]0000004447 (http://www.sec.gov/CIK)
Asset Retirement Obligation Disclosure [Abstract]Period [Axis]
2016-01-01 - 2016-12-31
Asset Retirement Obligation Disclosure [Abstract]
 
Changes to Asset Retirement Obligations

The following table describes changes to our asset retirement obligations:

 

 

2016

 

 

2015

 

 

 

(In millions)

 

Balance at January 1

 

$

2,383

 

 

$

2,723

 

Liabilities incurred

 

 

42

 

 

 

57

 

Liabilities settled or disposed of

 

 

(196

)

 

 

(360

)

Accretion expense

 

 

117

 

 

 

126

 

Revisions of estimated liabilities

 

 

(230

)

 

 

92

 

Foreign currency translation

 

 

12

 

 

 

(255

)

Balance at December 31

 

 

2,128

 

 

 

2,383

 

Less: Current Obligations

 

 

216

 

 

 

225

 

Long-term Obligations at end of period

 

$

1,912

 

 

$

2,158