XML 76 R4.htm IDEA: XBRL DOCUMENT v3.20.1
Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2020
Dec. 31, 2019
ASSETS    
Cash and cash equivalents $ 1,527 $ 1,464
Cash restricted for discontinued operations 200 380
Accounts receivable 594 832
Current assets associated with discontinued operations 736 896
Other current assets 998 279
Total current assets 4,055 3,851
Oil and gas property and equipment, based on successful efforts accounting, net 4,756 7,558
Other property and equipment, net ($89 and $80 million related to CDM in 2020 and 2019, respectively) [1] 1,024 1,035
Total property and equipment, net 5,780 8,593
Goodwill 753 753
Right-of-use assets 237 243
Other long-term assets 245 196
Long-term assets associated with discontinued operations 74 81
Total assets 11,144 13,717
LIABILITIES AND EQUITY    
Accounts payable 444 428
Revenues and royalties payable 617 730
Current liabilities associated with discontinued operations 294 459
Other current liabilities 199 310
Total current liabilities 1,554 1,927
Long-term debt 4,295 4,294
Lease liabilities 245 244
Asset retirement obligations 386 380
Other long-term liabilities 461 426
Long-term liabilities associated with discontinued operations 163 185
Deferred income taxes   341
Stockholders' equity:    
Common stock, $0.10 par value. Authorized 1.0 billion shares; issued 383 million and 382 million shares in 2020 and 2019, respectively 38 38
Additional paid-in capital 2,701 2,735
Retained earnings 1,298 3,148
Accumulated other comprehensive loss (118) (119)
Total stockholders’ equity attributable to Devon 3,919 5,802
Noncontrolling interests 121 118
Total equity 4,040 5,920
Total liabilities and equity $ 11,144 $ 13,717
[1] $89 million and $80 million related to CDM in 2020 and 2019, respectively.