Consolidated Balance Sheets - USD ($) $ in Millions		Dec. 31, 2017	Dec. 31, 2016
Current assets:
Cash and cash equivalents		$ 2,673	$ 1,959	[1]
Accounts receivable		1,670	1,356	[1]
Assets held for sale	[1]		193
Other current assets		448	264	[1]
Total current assets		4,791	3,772	[1]
Oil and gas property and equipment, based on successful efforts accounting, net		13,318	12,998	[1]
Midstream and other property and equipment, net		7,853	7,535	[1]
Total property and equipment, net		21,171	20,533	[1]
Goodwill		2,383	2,383	[1]
Other long-term assets		1,896	1,987	[1]
Total assets		30,241	28,675	[1]
Current liabilities:
Accounts payable		819	642	[1]
Revenues and royalties payable		1,180	908	[1]
Short-term debt	[2]	115
Other current liabilities		1,201	1,066	[1]
Total current liabilities		3,315	2,616	[1]
Long-term debt		10,291	10,154	[1]
Asset retirement obligations		1,113	1,226	[1]
Other long-term liabilities		583	894	[1]
Deferred income taxes		835	1,063	[1]
Equity:
Common stock, $0.10 par value. Authorized 1.0 billion shares; issued 525 million and 523 million shares in 2017 and 2016, respectively		53	52	[1]
Additional paid-in capital		7,333	7,237	[1]
Retained earnings (accumulated deficit)		702	(69)	[1]
Accumulated other comprehensive earnings		1,166	1,054	[1]
Total stockholders’ equity attributable to Devon		9,254	8,274	[1]
Noncontrolling interests		4,850	4,448	[1]
Total equity		14,104	12,722	[1]
Total liabilities and equity		$ 30,241	$ 28,675	[1]

[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.

[2] 2017 short-term debt consists of $20 million of 8.25% senior notes due July 1, 2018 and $95 million of 2.25% senior notes due December 15, 2018.