Consolidated Balance Sheets - USD ($) $ in Millions		Mar. 31, 2016	Dec. 31, 2015
Current assets:
Cash and cash equivalents		$ 1,635	$ 2,310
Accounts receivable		1,023	1,105
Derivatives, at fair value		54	43
Income taxes receivable		24	147
Other current assets		214	416
Total current assets		2,950	4,021
Oil and gas, based on full cost accounting:
Subject to amortization		79,907	78,190
Not subject to amortization		3,901	2,584
Total oil and gas		83,808	80,774
Midstream and other		10,979	10,380
Total property and equipment, at cost		94,787	91,154
Less accumulated depreciation, depletion and amortization		(75,523)	(72,086)
Property and equipment, net		19,264	19,068
Goodwill		4,159	5,032
Other long-term assets		2,264	1,330
Total assets		28,637	29,451
Current liabilities:
Accounts payable		640	906
Revenues and royalties payable		705	763
Short-term debt	[1]	350	976
Other current liabilities		905	650
Total current liabilities		2,600	3,295
Long-term debt		12,195	12,056
Asset retirement obligations		1,491	1,370
Other long-term liabilities		1,112	853
Deferred income taxes		731	888
Stockholders' equity:
Common stock, $0.10 par value. Authorized 1.0 billion shares; issued 524 million and 418 million shares in 2016 and 2015, respectively		52	42
Additional paid-in capital		7,501	4,996
Retained earnings (accumulated deficit)		(1,400)	1,781
Accumulated other comprehensive earnings		257	230
Total stockholders' equity attributable to Devon		6,410	7,049
Noncontrolling interests		4,098	3,940
Total stockholders' equity		$ 10,508	$ 10,989
Commitments and contingencies (Note 19)
Total liabilities and stockholders' equity		$ 28,637	$ 29,451

[1] Short-term debt as of March 31, 2016 consists of $350 million of floating rate due on December 15, 2016. Short-term debt as of December 31, 2015 consists of $626 million of commercial paper and $350 million floating rate due on December 15, 2016.