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Consolidated Statements of Comprehensive Earnings - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenues from contracts with customers $ 4,495 $ 2,578
Oil, gas and NGL derivatives (683) (528)
Total revenues 3,812 2,050
Production expenses 618 458
Exploration expenses 2 3
Depreciation, depletion and amortization 489 467
Asset dispositions (1) (32)
General and administrative expenses 94 107
Financing costs, net 85 77
Restructuring and transaction costs 0 189
Other, net (61) (29)
Total expenses 2,550 2,082
Earnings (loss) before income taxes 1,262 (32)
Income tax expense (benefit) 267 (248)
Net earnings (loss) 995 216
Net earnings attributable to noncontrolling interests 6 3
Net earnings (loss) attributable to Devon $ 989 $ 213
Net earnings per share:    
Basic net earnings per share: $ 1.48 $ 0.33
Diluted net earnings per share: $ 1.48 $ 0.32
Comprehensive earnings:    
Net earnings $ 995 $ 216
Other comprehensive earnings, net of tax:    
Pension and postretirement plans 1 23
Other comprehensive earnings, net of tax 1 23
Comprehensive earnings: 996 239
Comprehensive earnings attributable to noncontrolling interests 6 3
Comprehensive earnings attributable to Devon 990 236
Oil, Gas and NGL Sales [Member]    
Revenues from contracts with customers 3,175 1,757
Marketing and Midstream Revenues [Member]    
Revenues from contracts with customers 1,320 821
Marketing and Midstream Expenses [Member]    
Expenses $ 1,324 $ 842