XML 112 R91.htm IDEA: XBRL DOCUMENT v2.4.1.9
Debt And Related Expenses (Schedule Of Debt Instruments) (Details) (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Debt Instrument [Line Items]    
Commercial paper $ 932us-gaap_CommercialPaper $ 1,317us-gaap_CommercialPaper
Net discount on debentures and notes (18)us-gaap_DebtInstrumentUnamortizedDiscountPremiumNet (20)us-gaap_DebtInstrumentUnamortizedDiscountPremiumNet
Total debt 11,262us-gaap_DebtLongtermAndShorttermCombinedAmount 12,022us-gaap_DebtLongtermAndShorttermCombinedAmount
Less amount classified as short-term debt 1,432us-gaap_DebtCurrent [1] 4,066us-gaap_DebtCurrent [1]
Long-term debt 9,830us-gaap_LongTermDebtNoncurrent 7,956us-gaap_LongTermDebtNoncurrent
5.625% due January 15, 2014 [Member]    
Debt Instrument [Line Items]    
Debt interest rate, stated percentage 5.625%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_DebtInstrumentAxis
= dvn_FivePointSixTwoFivePercentDueOnJanuaryFifteenthTwoThousandAndFourteenMember
5.625%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_DebtInstrumentAxis
= dvn_FivePointSixTwoFivePercentDueOnJanuaryFifteenthTwoThousandAndFourteenMember
Debt, maturity date Jan. 15, 2014 Jan. 15, 2014
Short-term debt   500us-gaap_ShortTermBorrowings
/ us-gaap_DebtInstrumentAxis
= dvn_FivePointSixTwoFivePercentDueOnJanuaryFifteenthTwoThousandAndFourteenMember
Floating Rate due December 15, 2015 [Member]    
Debt Instrument [Line Items]    
Debt, maturity date Dec. 15, 2015 Dec. 15, 2015
Short-term debt 500us-gaap_ShortTermBorrowings
/ us-gaap_DebtInstrumentAxis
= dvn_FloatingRateDueDecemberFifteenthTwoThousandFifteenMember
500us-gaap_ShortTermBorrowings
/ us-gaap_DebtInstrumentAxis
= dvn_FloatingRateDueDecemberFifteenthTwoThousandFifteenMember
2.40% due July 15, 2016 [Member]    
Debt Instrument [Line Items]    
Debt interest rate, stated percentage 2.40%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_DebtInstrumentAxis
= dvn_TwoPointFourZeroPercentDueJulyFifteenthTwoThousandAndSixteenMember
2.40%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_DebtInstrumentAxis
= dvn_TwoPointFourZeroPercentDueJulyFifteenthTwoThousandAndSixteenMember
Debt, maturity date Jul. 15, 2016 Jul. 15, 2016
Long term debt, gross   500us-gaap_DebtInstrumentCarryingAmount
/ us-gaap_DebtInstrumentAxis
= dvn_TwoPointFourZeroPercentDueJulyFifteenthTwoThousandAndSixteenMember
Floating Rate Due December 15, 2016 [Member]    
Debt Instrument [Line Items]    
Debt, maturity date Dec. 15, 2016 Dec. 15, 2016
Short-term debt   350us-gaap_ShortTermBorrowings
/ us-gaap_DebtInstrumentAxis
= dvn_FloatingRateDueDecemberFifteenthTwoThousandSixteenMember
Long term debt, gross 350us-gaap_DebtInstrumentCarryingAmount
/ us-gaap_DebtInstrumentAxis
= dvn_FloatingRateDueDecemberFifteenthTwoThousandSixteenMember
 
1.20% Due December 15, 2016 [Member]    
Debt Instrument [Line Items]    
Debt interest rate, stated percentage 1.20%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_DebtInstrumentAxis
= dvn_OnePointTwoPercentDueDecemberFifteenthTwoThousandSixteenMember
1.20%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_DebtInstrumentAxis
= dvn_OnePointTwoPercentDueDecemberFifteenthTwoThousandSixteenMember
Debt, maturity date Dec. 15, 2016 Dec. 15, 2016
Short-term debt   650us-gaap_ShortTermBorrowings
/ us-gaap_DebtInstrumentAxis
= dvn_OnePointTwoPercentDueDecemberFifteenthTwoThousandSixteenMember
1.875% due May 15, 2017 [Member]    
Debt Instrument [Line Items]    
Debt interest rate, stated percentage 1.875%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_DebtInstrumentAxis
= dvn_OnePointEightSevenFivePercentDueMayFifteenthTwoThousandSeventeenMember
1.875%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_DebtInstrumentAxis
= dvn_OnePointEightSevenFivePercentDueMayFifteenthTwoThousandSeventeenMember
Debt, maturity date May 15, 2017 May 15, 2017
Long term debt, gross   750us-gaap_DebtInstrumentCarryingAmount
/ us-gaap_DebtInstrumentAxis
= dvn_OnePointEightSevenFivePercentDueMayFifteenthTwoThousandSeventeenMember
8.25% Due July 1, 2018 [Member]    
Debt Instrument [Line Items]    
Debt interest rate, stated percentage 8.25%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_DebtInstrumentAxis
= dvn_EightPointTwoFivePercentDueJulyFirstTwoThousandAndEighteenMember
8.25%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_DebtInstrumentAxis
= dvn_EightPointTwoFivePercentDueJulyFirstTwoThousandAndEighteenMember
Debt, maturity date Jul. 01, 2018 Jul. 01, 2018
Long term debt, gross 125us-gaap_DebtInstrumentCarryingAmount
/ us-gaap_DebtInstrumentAxis
= dvn_EightPointTwoFivePercentDueJulyFirstTwoThousandAndEighteenMember
125us-gaap_DebtInstrumentCarryingAmount
/ us-gaap_DebtInstrumentAxis
= dvn_EightPointTwoFivePercentDueJulyFirstTwoThousandAndEighteenMember
2.25% Due December 15, 2018 [Member]    
Debt Instrument [Line Items]    
Debt interest rate, stated percentage 2.25%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_DebtInstrumentAxis
= dvn_TwoPointTwoFivePercentDueDecemberFifteenthTwoThousandEighteenMember
2.25%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_DebtInstrumentAxis
= dvn_TwoPointTwoFivePercentDueDecemberFifteenthTwoThousandEighteenMember
Debt, maturity date Dec. 15, 2018 Dec. 15, 2018
Short-term debt   750us-gaap_ShortTermBorrowings
/ us-gaap_DebtInstrumentAxis
= dvn_TwoPointTwoFivePercentDueDecemberFifteenthTwoThousandEighteenMember
Long term debt, gross 750us-gaap_DebtInstrumentCarryingAmount
/ us-gaap_DebtInstrumentAxis
= dvn_TwoPointTwoFivePercentDueDecemberFifteenthTwoThousandEighteenMember
 
6.30% Due January 15, 2019 [Member]    
Debt Instrument [Line Items]    
Debt interest rate, stated percentage 6.30%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_DebtInstrumentAxis
= dvn_SixPointThreeZeroPercentDueJanuaryFifteenthTwoThousandAndNineteenMember
6.30%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_DebtInstrumentAxis
= dvn_SixPointThreeZeroPercentDueJanuaryFifteenthTwoThousandAndNineteenMember
Debt, maturity date Jan. 15, 2019 Jan. 15, 2019
Long term debt, gross 700us-gaap_DebtInstrumentCarryingAmount
/ us-gaap_DebtInstrumentAxis
= dvn_SixPointThreeZeroPercentDueJanuaryFifteenthTwoThousandAndNineteenMember
700us-gaap_DebtInstrumentCarryingAmount
/ us-gaap_DebtInstrumentAxis
= dvn_SixPointThreeZeroPercentDueJanuaryFifteenthTwoThousandAndNineteenMember
4.00% Due July 15, 2021 [Member]    
Debt Instrument [Line Items]    
Debt interest rate, stated percentage 4.00%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_DebtInstrumentAxis
= dvn_FourPointZeroZeroPercentDueJulyFifteenthTwoThousandAndTwentyOneMember
4.00%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_DebtInstrumentAxis
= dvn_FourPointZeroZeroPercentDueJulyFifteenthTwoThousandAndTwentyOneMember
Debt, maturity date Jul. 15, 2021 Jul. 15, 2021
Long term debt, gross 500us-gaap_DebtInstrumentCarryingAmount
/ us-gaap_DebtInstrumentAxis
= dvn_FourPointZeroZeroPercentDueJulyFifteenthTwoThousandAndTwentyOneMember
500us-gaap_DebtInstrumentCarryingAmount
/ us-gaap_DebtInstrumentAxis
= dvn_FourPointZeroZeroPercentDueJulyFifteenthTwoThousandAndTwentyOneMember
3.25% due May 15, 2022 [Member]    
Debt Instrument [Line Items]    
Debt interest rate, stated percentage 3.25%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_DebtInstrumentAxis
= dvn_ThreePointTwoFivePercentDueMayFifteenthTwoThousandTwentyTwoMember
3.25%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_DebtInstrumentAxis
= dvn_ThreePointTwoFivePercentDueMayFifteenthTwoThousandTwentyTwoMember
Debt, maturity date May 15, 2022 May 15, 2022
Long term debt, gross 1,000us-gaap_DebtInstrumentCarryingAmount
/ us-gaap_DebtInstrumentAxis
= dvn_ThreePointTwoFivePercentDueMayFifteenthTwoThousandTwentyTwoMember
1,000us-gaap_DebtInstrumentCarryingAmount
/ us-gaap_DebtInstrumentAxis
= dvn_ThreePointTwoFivePercentDueMayFifteenthTwoThousandTwentyTwoMember
7.50% due September 15, 2027 [Member]    
Debt Instrument [Line Items]    
Debt interest rate, stated percentage 7.50%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_DebtInstrumentAxis
= dvn_SevenPointFiveZeroPercentDueSeptemberFifteenthTwoThousandAndTwentySevenMember
7.50%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_DebtInstrumentAxis
= dvn_SevenPointFiveZeroPercentDueSeptemberFifteenthTwoThousandAndTwentySevenMember
Debt, maturity date Sep. 15, 2027 Sep. 15, 2027
Long term debt, gross 150us-gaap_DebtInstrumentCarryingAmount
/ us-gaap_DebtInstrumentAxis
= dvn_SevenPointFiveZeroPercentDueSeptemberFifteenthTwoThousandAndTwentySevenMember
150us-gaap_DebtInstrumentCarryingAmount
/ us-gaap_DebtInstrumentAxis
= dvn_SevenPointFiveZeroPercentDueSeptemberFifteenthTwoThousandAndTwentySevenMember
7.875% due September 30, 2031 [Member]    
Debt Instrument [Line Items]    
Debt interest rate, stated percentage 7.875%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_DebtInstrumentAxis
= dvn_SevenPointEightSevenFivePercentDueSeptemberThirtiethTwoThousandAndThirtyOneMember
7.875%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_DebtInstrumentAxis
= dvn_SevenPointEightSevenFivePercentDueSeptemberThirtiethTwoThousandAndThirtyOneMember
Debt, maturity date Sep. 30, 2031 Sep. 30, 2031
Long term debt, gross 1,250us-gaap_DebtInstrumentCarryingAmount
/ us-gaap_DebtInstrumentAxis
= dvn_SevenPointEightSevenFivePercentDueSeptemberThirtiethTwoThousandAndThirtyOneMember
1,250us-gaap_DebtInstrumentCarryingAmount
/ us-gaap_DebtInstrumentAxis
= dvn_SevenPointEightSevenFivePercentDueSeptemberThirtiethTwoThousandAndThirtyOneMember
7.95% due April 15, 2032 [Member]    
Debt Instrument [Line Items]    
Debt interest rate, stated percentage 7.95%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_DebtInstrumentAxis
= dvn_SevenPointNineFivePercentDueAprilFifteenthTwoThousandAndThirtyTwoMember
7.95%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_DebtInstrumentAxis
= dvn_SevenPointNineFivePercentDueAprilFifteenthTwoThousandAndThirtyTwoMember
Debt, maturity date Apr. 15, 2032 Apr. 15, 2032
Long term debt, gross 1,000us-gaap_DebtInstrumentCarryingAmount
/ us-gaap_DebtInstrumentAxis
= dvn_SevenPointNineFivePercentDueAprilFifteenthTwoThousandAndThirtyTwoMember
1,000us-gaap_DebtInstrumentCarryingAmount
/ us-gaap_DebtInstrumentAxis
= dvn_SevenPointNineFivePercentDueAprilFifteenthTwoThousandAndThirtyTwoMember
5.60% due July 15, 2041 [Member]    
Debt Instrument [Line Items]    
Debt interest rate, stated percentage 5.60%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_DebtInstrumentAxis
= dvn_FivePointSixZeroPercentDueJulyFifteenthTwoThousandAndFortyOneMember
5.60%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_DebtInstrumentAxis
= dvn_FivePointSixZeroPercentDueJulyFifteenthTwoThousandAndFortyOneMember
Debt, maturity date Jul. 15, 2041 Jul. 15, 2041
Long term debt, gross 1,250us-gaap_DebtInstrumentCarryingAmount
/ us-gaap_DebtInstrumentAxis
= dvn_FivePointSixZeroPercentDueJulyFifteenthTwoThousandAndFortyOneMember
1,250us-gaap_DebtInstrumentCarryingAmount
/ us-gaap_DebtInstrumentAxis
= dvn_FivePointSixZeroPercentDueJulyFifteenthTwoThousandAndFortyOneMember
4.75% due May 15, 2042 [Member]    
Debt Instrument [Line Items]    
Debt interest rate, stated percentage 4.75%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_DebtInstrumentAxis
= dvn_FourPointSevenFivePercentDueMayFifteenthTwoThousandFortyTwoMember
4.75%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_DebtInstrumentAxis
= dvn_FourPointSevenFivePercentDueMayFifteenthTwoThousandFortyTwoMember
Debt, maturity date May 15, 2042 May 15, 2042
Long term debt, gross 750us-gaap_DebtInstrumentCarryingAmount
/ us-gaap_DebtInstrumentAxis
= dvn_FourPointSevenFivePercentDueMayFifteenthTwoThousandFortyTwoMember
750us-gaap_DebtInstrumentCarryingAmount
/ us-gaap_DebtInstrumentAxis
= dvn_FourPointSevenFivePercentDueMayFifteenthTwoThousandFortyTwoMember
Senior Notes For Acquisition of GeoSouthern [Member]    
Debt Instrument [Line Items]    
Short-term debt   2,250us-gaap_ShortTermBorrowings
/ us-gaap_DebtInstrumentAxis
= dvn_SeniorNotesForAcquisitionOfGeosouthernMember
Devon Energy Corporation [Member]    
Debt Instrument [Line Items]    
Total debt 9,239us-gaap_DebtLongtermAndShorttermCombinedAmount
/ dei_LegalEntityAxis
= dvn_DevonEnergyCorporationMember
12,022us-gaap_DebtLongtermAndShorttermCombinedAmount
/ dei_LegalEntityAxis
= dvn_DevonEnergyCorporationMember
GeoSouthern Intermediate Holdings, LLC [Member] | Floating Rate due December 15, 2015 [Member]    
Debt Instrument [Line Items]    
Debt, maturity date Dec. 15, 2015  
GeoSouthern Intermediate Holdings, LLC [Member] | Floating Rate Due December 15, 2016 [Member]    
Debt Instrument [Line Items]    
Debt, maturity date Dec. 15, 2016  
GeoSouthern Intermediate Holdings, LLC [Member] | 1.20% Due December 15, 2016 [Member]    
Debt Instrument [Line Items]    
Debt interest rate, stated percentage 1.20%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_BusinessAcquisitionAxis
= dvn_GeosouthernIntermediateHoldingsLlcMember
/ us-gaap_DebtInstrumentAxis
= dvn_OnePointTwoPercentDueDecemberFifteenthTwoThousandSixteenMember
 
Debt, maturity date Dec. 15, 2016  
GeoSouthern Intermediate Holdings, LLC [Member] | 2.25% Due December 15, 2018 [Member]    
Debt Instrument [Line Items]    
Debt interest rate, stated percentage 2.25%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_BusinessAcquisitionAxis
= dvn_GeosouthernIntermediateHoldingsLlcMember
/ us-gaap_DebtInstrumentAxis
= dvn_TwoPointTwoFivePercentDueDecemberFifteenthTwoThousandEighteenMember
 
Debt, maturity date Dec. 15, 2018  
EnLink [Member]    
Debt Instrument [Line Items]    
Long term debt, gross 2,023us-gaap_DebtInstrumentCarryingAmount
/ us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis
= dvn_EnlinkMember
 
Net premium on debentures and notes 23us-gaap_DebtInstrumentUnamortizedPremium
/ us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis
= dvn_EnlinkMember
 
EnLink [Member] | Credit Facilities [Member]    
Debt Instrument [Line Items]    
Long term debt, gross 237us-gaap_DebtInstrumentCarryingAmount
/ us-gaap_DebtInstrumentAxis
= dvn_CreditFacilitiesMember
/ us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis
= dvn_EnlinkMember
 
EnLink [Member] | 2.70% due April 1, 2019 [Member]    
Debt Instrument [Line Items]    
Debt interest rate, stated percentage 2.70%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_DebtInstrumentAxis
= dvn_TwoPointSevenPercentDueAprilFirstTwoThousandAndNinteenMember
/ us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis
= dvn_EnlinkMember
 
Debt, maturity date Apr. 01, 2019  
Long term debt, gross 400us-gaap_DebtInstrumentCarryingAmount
/ us-gaap_DebtInstrumentAxis
= dvn_TwoPointSevenPercentDueAprilFirstTwoThousandAndNinteenMember
/ us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis
= dvn_EnlinkMember
 
EnLink [Member] | 7.125% due June 1, 2022 [Member]    
Debt Instrument [Line Items]    
Debt interest rate, stated percentage 7.125%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_DebtInstrumentAxis
= dvn_SevenPointOneTwoFivePercentDueJuneFirstTwoThousandAndTwentyTwoMember
/ us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis
= dvn_EnlinkMember
 
Debt, maturity date Jun. 01, 2022  
Long term debt, gross 163us-gaap_DebtInstrumentCarryingAmount
/ us-gaap_DebtInstrumentAxis
= dvn_SevenPointOneTwoFivePercentDueJuneFirstTwoThousandAndTwentyTwoMember
/ us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis
= dvn_EnlinkMember
 
EnLink [Member] | 4.40% due April 1, 2024 [Member]    
Debt Instrument [Line Items]    
Debt interest rate, stated percentage 4.40%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_DebtInstrumentAxis
= dvn_FourPointFourZeroPercentDueAprilOneTwoThousandTwentyFourMember
/ us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis
= dvn_EnlinkMember
 
Debt, maturity date Apr. 01, 2024  
Long term debt, gross 550us-gaap_DebtInstrumentCarryingAmount
/ us-gaap_DebtInstrumentAxis
= dvn_FourPointFourZeroPercentDueAprilOneTwoThousandTwentyFourMember
/ us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis
= dvn_EnlinkMember
 
EnLink [Member] | 5.60% due April 1, 2044 [Member]    
Debt Instrument [Line Items]    
Debt interest rate, stated percentage 5.60%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_DebtInstrumentAxis
= dvn_FivePointSixZeroPercentDueAprilOneTwoThousandAndFortyFourMember
/ us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis
= dvn_EnlinkMember
 
Debt, maturity date Apr. 01, 2044  
Long term debt, gross 350us-gaap_DebtInstrumentCarryingAmount
/ us-gaap_DebtInstrumentAxis
= dvn_FivePointSixZeroPercentDueAprilOneTwoThousandAndFortyFourMember
/ us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis
= dvn_EnlinkMember
 
EnLink [Member] | 5.05% due April 1, 2045 [Member]    
Debt Instrument [Line Items]    
Debt interest rate, stated percentage 5.05%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_DebtInstrumentAxis
= dvn_FivePointZeroFivePercentDueAprilOneTwoThousandAndFortyFiveMember
/ us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis
= dvn_EnlinkMember
 
Debt, maturity date Apr. 01, 2045  
Long term debt, gross $ 300us-gaap_DebtInstrumentCarryingAmount
/ us-gaap_DebtInstrumentAxis
= dvn_FivePointZeroFivePercentDueAprilOneTwoThousandAndFortyFiveMember
/ us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis
= dvn_EnlinkMember
 
[1] 2014 short-term debt consists of $932 million of commercial paper and $500 million floating rate due on December 15, 2015. 2013 short-term debt consists of $2.25 billion of senior notes issued in conjunction with the GeoSouthern acquisition, $1.3 billion of commercial paper and $500 million of senior notes due January 15, 2014.