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Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2022
Dec. 31, 2021
ASSETS    
Cash, cash equivalents and restricted cash $ 2,625 $ 2,271
Accounts receivable 2,002 1,543
Other current assets 346 435
Total current assets 4,973 4,249
Oil and gas property and equipment, based on successful efforts accounting, net 13,566 13,536
Other property and equipment, net ($119 million and $111 million related to CDM in 2022 and 2021, respectively) [1] 1,508 1,472
Total property and equipment, net 15,074 15,008
Goodwill 753 753
Right-of-use assets 229 235
Investments 416 402
Other long-term assets 333 378
Total assets 21,778 21,025
LIABILITIES AND EQUITY    
Accounts payable 576 500
Revenues and royalties payable 1,672 1,456
Other current liabilities 1,506 1,131
Total current liabilities 3,754 3,087
Long-term debt 6,471 6,482
Lease liabilities 251 252
Asset retirement obligations 443 468
Other long-term liabilities 974 1,050
Deferred income taxes 450 287
Stockholders' equity:    
Common stock, $0.10 par value. Authorized 1.0 billion shares; issued 661 million and 663 million shares in 2022 and 2021, respectively 66 66
Additional paid-in capital 7,371 7,636
Retained earnings 2,013 1,692
Accumulated other comprehensive loss (131) (132)
Treasury stock value 19 0
Total stockholders’ equity attributable to Devon 9,300 9,262
Noncontrolling interests 135 137
Total equity 9,435 9,399
Total liabilities and equity $ 21,778 $ 21,025
[1]
(1)
$119 million and $111 million related to CDM in 2022 and 2021, respectively.