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Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2021
Dec. 31, 2020
ASSETS    
Cash, cash equivalents and restricted cash $ 1,878 $ 2,237
Accounts receivable 1,089 601
Income taxes receivable 166 174
Other current assets 334 248
Total current assets 3,467 3,260
Oil and gas property and equipment, based on successful efforts accounting, net 13,826 4,436
Other property and equipment, net ($106 million and $102 million related to CDM in 2021 and 2020, respectively) [1] 1,448 957
Total property and equipment, net 15,274 5,393
Goodwill 753 753
Right-of-use assets 255 223
Investments 402 12
Other long-term assets 306 271
Total assets 20,457 9,912
LIABILITIES AND EQUITY    
Accounts payable 564 242
Revenues and royalties payable 909 662
Short-term debt 226  
Other current liabilities 1,246 536
Total current liabilities 2,945 1,440
Long-term debt 7,042 4,298
Lease liabilities 260 246
Asset retirement obligations 455 358
Other long-term liabilities 1,269 551
Stockholders' equity:    
Common stock, $0.10 par value. Authorized 1.0 billion shares; issued 675 million and 382 million shares in 2021 and 2020, respectively 67 38
Additional paid-in capital 8,172 2,766
Retained earnings 218 208
Accumulated other comprehensive loss (104) (127)
Total stockholders’ equity attributable to Devon 8,353 2,885
Noncontrolling interests 133 134
Total equity 8,486 3,019
Total liabilities and equity $ 20,457 $ 9,912
[1] $106 million and $102 million related to CDM in 2021 and 2020, respectively.