XML 80 R31.htm IDEA: XBRL DOCUMENT
v2.4.1.9

Acquisitions And Divestitures (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2014
Business Acquisition [Line Items] |
Schedule Of Operating Revenue And Net Earnings For General Partner And GeoSouthern |
|  | Year Ended December 31, 2014 |
|  | GeoSouthern |  | EnLink |
|  | (In millions) |
Total operating revenues |  | $ | 1,873 |  | $ | 2,509 |
Total operating expenses |  |  | 960 |  |  | 2,464 |
Operating income |  | $ | 913 |  | $ | 45 |
Schedule Of Unaudited Proforma Information For General Partner And GeoSouthern |
|  | Year Ended December 31,
|  | 2014 |  | 2013
|  | (In millions)
Total operating revenues |  | $ | 20,213 |  | $ | 12,979
Net earnings |  | $ | 1,716 |  | $ | 35
Noncontrolling interests |  | $ | 97 |  | $ | 45
Net earnings (loss) attributable to Devon |  | $ | 1,619 |  | $ | (10)
Net earnings (loss) per common share attributable to Devon |  | $ | 3.94 |  | $ | (0.02)
General Partner And Enlink [Member] |
Business Acquisition [Line Items] |
Schedule Of Purchase Price Allocation |
Crosstex Energy, Inc. outstanding common shares: |  |  |  |
Held by public shareholders |  |  | 48.0 |
Restricted shares |  |  | 0.4 |
Total subject to conversion |  |  | 48.4 |
Exchange ratio |  |  | 1.0 | x
Converted shares |  |  | 48.4 |
Crosstex Energy, Inc. common share price (1) |  | $ | 37.60 |
Crosstex Energy, Inc. consideration |  | $ | 1,823 |
Fair value of noncontrolling interest in E2 (2) |  |  | 18 |
Total Crosstex Energy, Inc. consideration and fair value of noncontrolling interests |  | $ | 1,841 |
Crosstex Energy, LP outstanding units: |  |  |  |
Common units held by public unitholders |  |  | 75.1 |
Preferred units held by third party (3) |  |  | 17.1 |
Restricted units |  |  | 0.4 |
Total |  |  | 92.6 |
Crosstex Energy, LP common unit price (4) |  | $ | 30.51 |
Crosstex Energy, LP common units value |  | $ | 2,825 |
Crosstex Energy, LP outstanding unit options value |  | $ | 4 |
Total fair value of noncontrolling interests in the Crosstex Energy, LP (4) |  |  | 2,829 |
Total consideration and fair value of noncontrolling interests |  | $ | 4,670 |
__________________________ (1) The final purchase price is based on the fair value of Crosstex Energy, Inc.’s common shares as of the closing date, March 7, 2014. (2) Represents the value of noncontrolling interests related to the General Partner’s equity investment in E2 Energy Services, LLC and E2 Appalachian Compression, LLC (collectively “E2”). (3) Crosstex Energy, LP converted the preferred units to common units in February 2014. (4) The final purchase price is based on the fair value of Crosstex Energy, LP’s common units as of the closing date, March 7, 2014.
General Partner [Member] |
Business Acquisition [Line Items] |
Schedule Of Purchase Price Allocation |
Assets acquired: |  |  |
Current assets |  | $ | 437
Property, plant and equipment, net |  |  | 2,438
Intangible assets |  |  | 569
Equity investment |  |  | 222
Goodwill (1) |  |  | 3,283
Other long-term assets |  |  | 1
Liabilities assumed: |  |  |
Current liabilities |  |  | (515)
Long-term debt |  |  | (1,454)
Deferred income taxes |  |  | (210)
Other long-term liabilities |  |  | (101)
Total consideration and fair value of noncontrolling interests |  | $ | 4,670
__________________________ (1) Goodwill is the excess of the consideration transferred over the net assets recognized and represents the future economic benefits arising from other assets acquired that could not be individually identified and separately recognized. Goodwill is not amortized and is not deductible for tax purposes.
GeoSouthern Intermediate Holdings, LLC [Member] |
Business Acquisition [Line Items] |
Schedule Of Purchase Price Allocation |
Cash and cash equivalents |  | $ | 95
Other current assets |  |  | 256
Proved properties |  |  | 5,026
Unproved properties |  |  | 1,007
Midstream assets |  |  | 86
Current liabilities |  |  | (434)
Long-term liabilities |  |  | (6)
Net assets acquired |  | $ | 6,030

X
- Definition Schedule Of Operating Revenue And Net Earnings [Table Text Block] + References No definition available. + Details
Name: | dvn_ScheduleOfOperatingRevenueAndNetEarningsTableTextBlock
Namespace Prefix: | dvn_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_BusinessAcquisitionLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(2)-(3) -URI http://asc.fasb.org/extlink&oid=25497992&loc=d3e1392-128463 + Details
Name: | us-gaap_BusinessAcquisitionProFormaInformationTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=39739317&loc=d3e4845-128472 + Details
Name: | us-gaap_ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_BusinessAcquisitionAxis=dvn_GeneralPartnerAndEnlinkMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_BusinessAcquisitionAxis=dvn_GeosouthernIntermediateHoldingsLlcMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_BusinessAcquisitionAxis=us-gaap_GeneralPartnerMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |