Acquisitions And Divestitures (Tables)

12 Months Ended

Dec. 31, 2014

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