Debt And Related Expenses (Tables)

3 Months Ended

Mar. 31, 2024

Debt Instrument [Line Items]

Schedule Of Debt Instruments and Balances

See below for a summary of debt instruments and balances. The notes and debentures are senior, unsecured obligations of Devon.

	March 31, 2024			December 31, 2023
5.25% due September 15, 2024	$	472		$	472
5.85% due December 15, 2025		485			485
7.50% due September 15, 2027		73			73
5.25% due October 15, 2027		390			390
5.875% due June 15, 2028		325			325
4.50% due January 15, 2030		585			585
7.875% due September 30, 2031		675			675
7.95% due April 15, 2032		366			366
5.60% due July 15, 2041		1,250			1,250
4.75% due May 15, 2042		750			750
5.00% due June 15, 2045		750			750
Net premium on debentures and notes		57			64
Debt issuance costs		(31	)		(30	)
Total debt	$	6,147		$	6,155
Less amount classified as short-term debt		479			483
Total long-term debt	$	5,668		$	5,672

Schedule Of Net Financing Cost Components

The following schedule includes the components of net financing costs.

	Three Months Ended March 31,
	2024			2023
Interest based on debt outstanding	$	87		$	93
Interest income		(13	)		(17	)
Other		2			(4	)
Total net financing costs	$	76		$	72