XML 157 R128.htm IDEA: XBRL DOCUMENT v3.8.0.1
Supplemental Quarterly Financial Information (Schedule Of Unaudited Interim Results Of Operations) (Details) - USD ($)
$ / shares in Units, $ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2017
Sep. 30, 2017
Jun. 30, 2017
Mar. 31, 2017
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2017
Dec. 31, 2016
[1]
Dec. 31, 2015
[1]
Quarterly Financial Data [Line Items]                      
Upstream revenues                 $ 5,307 $ 3,981 $ 5,885
Marketing and midstream revenues                 8,642 6,323 7,260
Total revenues                 13,949 10,304 13,145
Production expenses                 1,823 1,803 2,439
Exploration expenses                 380 215 451
Marketing and midstream expenses                 7,730 5,533 6,461
Depreciation, depletion and amortization                 2,074 2,096 4,022
Asset impairments                 17 1,310 17,647
Asset dispositions                 (217) (1,483) 7
General and administrative expenses                 872 865 1,193
Financing costs, net                 498 907 519
Other expenses                 (124) 375 264
Total expenses                 13,053 11,621 33,003
Earnings (loss) before income taxes                 896 (1,317) (19,858)
Income tax expense (benefit)                 (182) 141 (6,213)
Net earnings (loss)                 1,078 (1,458) (13,645)
Net earnings attributable to noncontrolling interests                 180 (402) (749)
Net earnings (loss) attributable to Devon                 $ 898 $ (1,056) $ (12,896)
Net earnings per share attributable to Devon:                      
Basic                 $ 1.71 $ (2.09) $ (31.72)
Diluted                 $ 1.70 $ (2.09) $ (31.72)
Comprehensive earnings:                      
Net earnings (loss)                 $ 1,078 $ (1,458) $ (13,645)
Other comprehensive earnings, net of tax:                      
Foreign currency translation and other                 83 11 (443)
Pension and postretirement plans                 29 22 10
Other comprehensive earnings, net of tax                 112 33 (433)
Comprehensive earnings (loss)                 1,190 (1,425) (14,078)
Comprehensive earnings attributable to noncontrolling interests                 180 (402) (749)
Comprehensive earnings (loss) attributable to Devon                 $ 1,010 $ (1,023) $ (13,329)
As Reported Under Sucessful Efforts                      
Quarterly Financial Data [Line Items]                      
Upstream revenues $ 1,333 $ 1,101 $ 1,332 $ 1,541              
Marketing and midstream revenues 2,650 2,055 1,927 2,010              
Total revenues 3,983 3,156 3,259 3,551 $ 2,808 $ 2,882 $ 2,488 $ 2,126      
Production expenses 463 448 455 457              
Exploration expenses 171 57 57 95              
Marketing and midstream expenses 2,378 1,824 1,714 1,814              
Depreciation, depletion and amortization 528 512 506 528              
Asset impairments 8 2   7 81     1,200      
Asset dispositions (18) (169) (27) (3) (575) (830) (75) (3)      
General and administrative expenses 222 203 214 233              
Financing costs, net 126 128 116 128              
Other expenses 5 (76) (20) (33)              
Total expenses 3,883 2,929 3,015 3,226              
Earnings (loss) before income taxes 100 227 244 325 271 787 (339) (2,036)      
Income tax expense (benefit) (204) 15 (1) 8              
Net earnings (loss) 304 212 245 317              
Net earnings attributable to noncontrolling interests 121 19 26 14              
Net earnings (loss) attributable to Devon $ 183 $ 193 $ 219 $ 303 $ 207 $ 613 $ (326) $ (1,550)      
Net earnings per share attributable to Devon:                      
Basic $ 0.35 $ 0.37 $ 0.41 $ 0.58 $ 0.41 $ 1.17 $ (0.63) $ (3.27)      
Diluted $ 0.35 $ 0.37 $ 0.41 $ 0.58 $ 0.41 $ 1.16 $ (0.63) $ (3.27)      
Comprehensive earnings:                      
Net earnings (loss) $ 304 $ 212 $ 245 $ 317              
Other comprehensive earnings, net of tax:                      
Foreign currency translation and other 5 42 28 8              
Pension and postretirement plans 15 5 4 5              
Other comprehensive earnings, net of tax 20 47 32 13              
Comprehensive earnings (loss) 324 259 277 330              
Comprehensive earnings attributable to noncontrolling interests 121 19 26 14              
Comprehensive earnings (loss) attributable to Devon $ 203 $ 240 $ 251 $ 316              
[1] Prior year amounts have been recast due to change in accounting principle. See Note 2 in “Item 8. Financial Statements and Supplementary Data” of this report.