Share-Based Compensation (Tables)

3 Months Ended

Mar. 31, 2016

Schedule Of The Effects Of Share-Based Compensation Included In The Consolidated Comprehensive Statements Of Earnings

	Three Months Ended March 31,
	2016		2015
	(Millions)
Gross G&A for share-based compensation	$	45	$	68
Share-based compensation expense capitalized pursuant to the
full cost method of accounting for oil and gas properties	$	12	$	15
Related income tax benefit	$	9	$	14

Summary Of Unvested Restricted Stock Awards and Units, Performance-Based Restricted Stock Awards And Performance Share Units

	Restricted Stock			Performance-Based			Performance
	Awards and Units			Restricted Stock Awards			Share Units
	Awards and Units		Weighted Average Grant-Date Fair Value	Awards		Weighted Average Grant-Date Fair Value	Units			Weighted Average Grant-Date Fair Value
	(Thousands, except fair value data)
Unvested at 12/31/15	4,738	$	62.49	434	$	60.48	1,859		$	76.17
Granted	4,261	$	19.31	330	$	19.22	1,388		$	10.41
Vested	(1,167)	$	62.55	(102)	$	62.55	(602)		$	63.37
Forfeited	(74)	$	60.24	-	$	-	(7)		$	81.67
Unvested at 3/31/16	7,758	$	38.79	662	$	39.57	2,638	(1)	$	46.52

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(1) A maximum of 5.3 million common shares could be awarded based upon Devon’s final TSR ranking relative to Devon’s peer group established under applicable award agreements.

Summary Of Performance Share Units Grant-Date Fair Values And Their Related Assumptions

	2016
Grant-date fair value	$	9.24	-	$	10.61
Risk-free interest rate	0.94%
Volatility factor	37.7%
Contractual term (years)	2.83

Summary of Unrecognized Compensation Cost And Weighted Average Period For Recognition

			Performance-Based
	Restricted Stock		Restricted Stock		Performance
	Awards and Units		Awards		Share Units
Unrecognized compensation cost (millions)	$	180	$	10	$	40
Weighted average period for recognition (years)		2.7		2.8		1.9

General Partner And EnLink [Member]

Summary of Unrecognized Compensation Cost And Weighted Average Period For Recognition

	General Partner				EnLink
	Restricted		Performance		Restricted		Performance
	Incentive Units		Units		Incentive Units		Units
Unrecognized compensation cost (millions)	$	22	$	5	$	22	$	5
Weighted average period for recognition (years)		1.9		2.2		1.9		2.2