XML 48 R29.htm IDEA: XBRL DOCUMENT

Share-Based Compensation (Tables)

6 Months Ended

Jun. 30, 2020

Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]

Schedule Of Share-Based Compensation Expense Included In The Consolidated Statements Of Comprehensive Earnings

		Six Months Ended June 30,
		2020				2019
G&A		$	39			$	44
Exploration expenses			—				1
Restructuring and transaction costs			—				24
Total		$	39			$	69
Related income tax benefit		$	—			$	10

Summary Of Unvested Restricted Stock Awards, Performance-Based Restricted Stock Awards And Performance Share Units

										Performance-Based								Performance
		Restricted Stock Awards								Restricted Stock Awards								Share Units
		Awards				Weighted Average Grant-Date Fair Value				Awards				Weighted Average Grant-Date Fair Value				Units							Weighted Average Grant-Date Fair Value
		(Thousands, except fair value data)
Unvested at 12/31/19			4,984			$	29.65				153			$	33.88				2,155						$	40.35
Granted			3,051			$	21.93				—			$	—				688						$	27.89
Vested			(1,847	)		$	29.26				(109	)		$	29.51				(455	)					$	52.56
Forfeited			(162	)		$	25.01				—			$	—				(364	)					$	48.66
Unvested at 6/30/20			6,026			$	25.98				44			$	44.70				2,024			⁽¹	⁾		$	31.87

(1)	A maximum of 4.0 million common shares could be awarded based upon Devon’s final TSR ranking.

Summary Of Performance Share Units Grant-Date Fair Values And Their Related Assumptions

		2020
Grant-date fair value		$	27.89
Risk-free interest rate		1.36%
Volatility factor		38.4%
Contractual term (years)		2.89

Summary of Unrecognized Compensation Cost And Weighted Average Period For Recognition

						Performance-Based
		Restricted Stock				Restricted Stock				Performance
		Awards				Awards				Share Units
Unrecognized compensation cost		$	107			$	—			$	19
Weighted average period for recognition (years)			2.7				0.9				1.8