Consolidated Balance Sheets (USD $) In Millions, unless otherwise specified	Mar. 31, 2015		Dec. 31, 2014
Current assets:
Cash and cash equivalents	$ 1,858		$ 1,480
Accounts receivable	1,663		1,959
Derivatives, at fair value	1,706		1,993
Income taxes receivable			522
Other current assets	579		544
Total current assets	5,806		6,498
Oil and gas, based on full-cost accounting:
Subject to amortization	75,952		75,738
Not subject to amortization	2,656		2,752
Total oil and gas	78,608		78,490
Midstream and other	10,109		9,695
Total property and equipment, at cost	88,717		88,185
Less accumulated depreciation, depletion and amortization	(57,262)		(51,889)
Property and equipment, net	31,455		36,296
Goodwill	6,328		6,303
Other long-term assets	1,753		1,540
Total assets	45,342		50,637
Current liabilities:
Accounts payable	1,335		1,400
Revenues and royalties payable	1,054		1,193
Short-term debt	1,448	[1]	1,432	[1]
Deferred income taxes	638		730
Other current liabilities	1,085		1,180
Total current liabilities	5,560		5,935
Long-term debt	10,301		9,830
Asset retirement obligations	1,373		1,339
Other long-term liabilities	922		948
Deferred income taxes	4,167		6,244
Stockholders' equity:
Common stock, $0.10 par value. Authorized 1.0 billion shares; issued 411 million and 409 million shares in 2015 and 2014, respectively	41		41
Additional paid-in capital	4,542		4,088
Retained earnings	12,933		16,631
Accumulated other comprehensive earnings	481		779
Total stockholders' equity attributable to Devon	17,997		21,539
Noncontrolling interests	5,022		4,802
Total stockholders' equity	23,019		26,341
Commitments and contingencies (Note 17)
Total liabilities and stockholders' equity	$ 45,342		$ 50,637

[1] Short-term debt as of March 31, 2015 consists of $948 million of commercial paper and $500 million floating rate due on December 15, 2015. Short-term debt as of December 31, 2014 consists of $932 million of commercial paper and $500 million floating rate due on December 15, 2015.