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Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2020
Dec. 31, 2019
ASSETS    
Cash and cash equivalents $ 1,474 $ 1,464
Cash restricted for discontinued operations 195 380
Accounts receivable 515 832
Current assets associated with discontinued operations 748 896
Other current assets 446 279
Total current assets 3,378 3,851
Oil and gas property and equipment, based on successful efforts accounting, net 4,673 7,558
Other property and equipment, net ($96 million and $80 million related to CDM in 2020 and 2019, respectively) [1] 1,013 1,035
Total property and equipment, net 5,686 8,593
Goodwill 753 753
Right-of-use assets 231 243
Other long-term assets 227 196
Long-term assets associated with discontinued operations 82 81
Total assets 10,357 13,717
LIABILITIES AND EQUITY    
Accounts payable 309 428
Revenues and royalties payable 473 730
Current liabilities associated with discontinued operations 441 459
Other current liabilities 229 310
Total current liabilities 1,452 1,927
Long-term debt 4,296 4,294
Lease liabilities 245 244
Asset retirement obligations 391 380
Other long-term liabilities 458 426
Long-term liabilities associated with discontinued operations 162 185
Deferred income taxes   341
Stockholders' equity:    
Common stock, $0.10 par value. Authorized 1.0 billion shares; issued 383 million and 382 million shares in 2020 and 2019, respectively 38 38
Additional paid-in capital 2,720 2,735
Retained earnings 586 3,148
Accumulated other comprehensive loss (117) (119)
Total stockholders’ equity attributable to Devon 3,227 5,802
Noncontrolling interests 126 118
Total equity 3,353 5,920
Total liabilities and equity $ 10,357 $ 13,717
[1] $96 million and $80 million related to CDM in 2020 and 2019, respectively.