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Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2022
Dec. 31, 2021
ASSETS    
Cash, cash equivalents and restricted cash $ 3,457 $ 2,271
Accounts receivable 2,348 1,543
Other current assets 546 435
Total current assets 6,351 4,249
Oil and gas property and equipment, based on successful efforts accounting, net 13,588 13,536
Other property and equipment, net ($122 million and $111 million related to CDM in 2022 and 2021, respectively) [1] 1,525 1,472
Total property and equipment, net 15,113 15,008
Goodwill 753 753
Right-of-use assets 236 235
Investments 423 402
Other long-term assets 318 378
Total assets 23,194 21,025
LIABILITIES AND EQUITY    
Accounts payable 668 500
Revenues and royalties payable 2,108 1,456
Other current liabilities 1,318 1,131
Total current liabilities 4,094 3,087
Long-term debt 6,461 6,482
Lease liabilities 259 252
Asset retirement obligations 452 468
Other long-term liabilities 949 1,050
Deferred income taxes 753 287
Stockholders' equity:    
Common stock, $0.10 par value. Authorized 1.0 billion shares; issued 656 million and 663 million shares in 2022 and 2021, respectively 66 66
Additional paid-in capital 7,060 7,636
Retained earnings 3,107 1,692
Accumulated other comprehensive loss (130) (132)
Treasury stock value (13) 0
Total stockholders’ equity attributable to Devon 10,090 9,262
Noncontrolling interests 136 137
Total equity 10,226 9,399
Total liabilities and equity $ 23,194 $ 21,025
[1] $122 million and $111 million related to CDM in 2022 and 2021, respectively.