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Net Earnings (Loss) Per Share Attributable To Devon (Tables)
 12 Months Ended
Dec. 31, 2016
Earnings Per Share [Abstract]  
Net Earnings (Loss) Per Share Computations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31,

 

 

 

2016

 

 

2015

 

 

2014

 

 

 

(Millions, except per share amounts)

 

Net earnings (loss):

 

 

 

 

 

 

 

 

 

 

 

 

Net earnings (loss) attributable to Devon

 

$

(3,302

)

 

$

(14,454

)

 

$

1,607

 

Attributable to participating securities

 

 

(2

)

 

 

(5

)

 

 

(17

)

Basic and diluted earnings (loss)

 

$

(3,304

)

 

$

(14,459

)

 

$

1,590

 

Common shares:

 

 

 

 

 

 

 

 

 

 

 

 

Common shares outstanding - total

 

 

513

 

 

 

412

 

 

 

409

 

Attributable to participating securities

 

 

(6

)

 

 

(5

)

 

 

(4

)

Common shares outstanding - basic

 

 

507

 

 

 

407

 

 

 

405

 

Dilutive effect of potential common shares issuable

 

 

—

 

 

 

—

 

 

 

2

 

Common shares outstanding - diluted

 

 

507

 

 

 

407

 

 

 

407

 

Net earnings (loss) per share attributable to Devon:

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

(6.52

)

 

$

(35.55

)

 

$

3.93

 

Diluted

 

$

(6.52

)

 

$

(35.55

)

 

$

3.91

 

Antidilutive options (1)

 

 

3

 

 

 

4

 

 

 

3

 

 

(1)

Amounts represent options to purchase shares of Devon’s common stock that are excluded from the diluted net earnings per share calculations because the options are antidilutive.