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Consolidated Comprehensive Statements Of Earnings - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Income Statement [Abstract]        
Upstream revenues $ 1,191 $ 766 $ 1,654 $ 1,783
Revenues $ 730 $ 1,156 $ 1,495 $ 2,018
Type of Revenue [Extensible List] us-gaap:NaturalGasGatheringTransportationMarketingAndProcessingMember us-gaap:NaturalGasGatheringTransportationMarketingAndProcessingMember us-gaap:NaturalGasGatheringTransportationMarketingAndProcessingMember us-gaap:NaturalGasGatheringTransportationMarketingAndProcessingMember
Total revenues $ 1,921 $ 1,922 $ 3,149 $ 3,801
Production expenses 371 406 736 801
Exploration expenses 7 62 11 83
Expenses $ 713 $ 1,149 $ 1,463 $ 2,015
Type of Cost, Good or Service [Extensible List] us-gaap:NaturalGasGatheringTransportationMarketingAndProcessingMember us-gaap:NaturalGasGatheringTransportationMarketingAndProcessingMember us-gaap:NaturalGasGatheringTransportationMarketingAndProcessingMember us-gaap:NaturalGasGatheringTransportationMarketingAndProcessingMember
Depreciation, depletion and amortization $ 394 $ 342 $ 774 $ 647
Asset impairments   154   154
Asset dispositions (1) 23 (45) 11
General and administrative expenses 114 135 249 310
Financing costs, net 66 64 126 453
Restructuring and transaction costs 12 85 63 85
Other expenses 8 (15) (9) (64)
Total expenses 1,684 2,405 3,368 4,495
Earnings (loss) from continuing operations before income taxes 237 (483) (219) (694)
Income tax expense (benefit) 71 13 (39) 10
Net earnings (loss) from continuing operations 166 (496) (180) (704)
Net earnings from discontinued operations, net of income tax expense 329 161 358 216
Net earnings (loss) 495 (335) 178 (488)
Net earnings attributable to noncontrolling interests   90   134
Net earnings (loss) attributable to Devon $ 495 $ (425) $ 178 $ (622)
Basic net earnings (loss) per share:        
Basic earnings (loss) from continuing operations per share $ 0.40 $ (0.97) $ (0.43) $ (1.36)
Basic earnings from discontinued operations per share 0.80 0.14 0.85 0.16
Basic net earnings (loss) per share 1.20 (0.83) 0.42 (1.20)
Diluted net earnings (loss) per share:        
Diluted earnings (loss) from continuing operations per share 0.40 (0.97) (0.43) (1.36)
Diluted earnings from discontinued operations per share 0.79 0.14 0.85 0.16
Diluted net earnings (loss) per share $ 1.19 $ (0.83) $ 0.42 $ (1.20)
Comprehensive loss:        
Net earnings (loss) $ 495 $ (335) $ 178 $ (488)
Other comprehensive earnings (loss), net of tax:        
Foreign currency translation, discontinued operations 43 (34) 78 (82)
Release of Canadian cumulative translation adjustment, discontinued operations [1] (1,237)   (1,237)  
Pension and postretirement plans 13 3 15 7
Other comprehensive loss, net of tax (1,181) (31) (1,144) (75)
Comprehensive loss (686) (366) (966) (563)
Comprehensive earnings attributable to noncontrolling interests   90   134
Comprehensive loss attributable to Devon $ (686) $ (456) $ (966) $ (697)
[1] In conjunction with the sale of all of its Canadian operating assets, Devon released the cumulative translation adjustment as part of its gain on the disposition of its Canadian business. See Note 18 for additional details.