Retirement Plans

3 Months Ended

Mar. 31, 2016

16. Retirement Plans

The following table presents the components of net periodic benefit cost for Devon’s pension benefit plans. There was no net periodic benefit cost for postretirement benefit plans for all periods presented below.



	Pension Benefits
	Three Months Ended
	March 31,
	2016		2015

	(Millions)
Service cost	$	6	$	8
Interest cost		12		13
Expected return on plan assets		(13)		(15)
Amortization of prior service cost (1)		1		1
Net actuarial loss (1)		5		5
Net periodic benefit cost (2)	$	11	$	12

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(1) These net periodic benefit costs were reclassified out of other comprehensive earnings in the current period.

(2) Net periodic benefit cost is a component of G&A in the accompanying consolidated comprehensive statements of earnings.