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Hess Corp's other long-term assets for the quarter that ended in Jun. 2014 was $3,210 Mil.
Hess Corp's quarterly other long-term assets declined from Dec. 2013 ($3,515 Mil) to Mar. 2014 ($3,226 Mil) and declined from Mar. 2014 ($3,226 Mil) to Jun. 2014 ($3,210 Mil).
Hess Corp's annual other long-term assets increased from Dec. 2011 ($3,780 Mil) to Dec. 2012 ($4,039 Mil) but then declined from Dec. 2012 ($4,039 Mil) to Dec. 2013 ($3,515 Mil).
Assets are presented on the balance sheet in order of their liquidity. If a company expects to sell or otherwise recognize the economic value of an asset within one year, the asset is generally classified as a current asset on the balance sheet. Cash on hand is a common current asset.
A long-term asset is an asset that a company expects to sell or otherwise recognize the economic value of after more than one year. Property, plant and equipment, and intangible assets are common long-term assets. Except those two items and current assets, the others we treated as "Other Long Term Assets".
Hess Corp Annual Data
|Other Long-Term Assets||2,495||3,336||3,033||3,346||3,761||3,626||3,081||3,780||4,039||3,515|
Hess Corp Quarterly Data
|Other Long-Term Assets||4,090||3,867||3,703||4,039||3,441||3,397||3,356||3,515||3,226||3,210|