XML 46 R30.htm IDEA: XBRL DOCUMENT
v3.21.2

Share-Based Compensation (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2021
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract] |
Schedule Of Share-Based Compensation Expense Included In The Consolidated Statements Of Comprehensive Earnings |
|  | Nine Months Ended September 30, |
|  | 2021 |  |  | 2020 |
G&A |  | $ | 58 |  |  | $ | 58 |
Exploration expenses |  |  | 1 |  |  |  | 1 |
Restructuring and transaction costs |  |  | 21 |  |  |  | 11 |
Total |  | $ | 80 |  |  | $ | 70 |
Related income tax benefit |  | $ | 8 |  |  | $ | — |
Summary Of Unvested Restricted Stock Awards, Performance-Based Restricted Stock Awards And Performance Share Units |
|  |  |  |  | Performance-Based |  |  | Performance |
|  | Restricted Stock Awards & Units |  |  | Restricted Stock Awards |  |  | Share Units |
|  | Awards/Units |  |  |  |  | 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 12/31/20 |  |  | 5,316 |  |  |  |  | $ | 25.82 |  |  |  | 44 |  |  | $ | 44.70 |  |  |  | 1,994 |  |  |  |  | $ | 31.89 |
Granted |  |  | 7,711 |  |  | (1 | ) | $ | 19.69 |  |  |  | — |  |  | $ | — |  |  |  | 861 |  |  |  |  | $ | 18.08 |
Vested |  |  | (5,006 | ) |  |  |  | $ | 22.35 |  |  |  | (44 | ) |  | $ | 44.70 |  |  |  | (754 | ) |  |  |  | $ | 37.40 |
Forfeited |  |  | (126 | ) |  |  |  | $ | 23.21 |  |  |  | — |  |  | $ | — |  |  |  | (25 | ) |  |  |  | $ | 36.04 |
Unvested at 9/30/21 |  |  | 7,895 |  |  |  |  | $ | 22.08 |  |  |  | — |  |  | $ | — |  |  |  | 2,076 |  |  | (2 | ) | $ | 24.12 |
| (1) | Due to the closing of the Merger, each share of WPX common stock was automatically converted into the right to receive 0.5165 of a share of Devon common stock. As a result, approximately 4.9 million awards relate to the conversion of WPX equity awards to Devon equity awards.
| (2) | A maximum of 4.2 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 |
|  | 2021 |
Grant-date fair value |  | $ | 18.08 |
Risk-free interest rate |  | 0.18% |
Volatility factor |  | 67.8% |
Contractual term (years) |  | 2.89 |
Summary of Unrecognized Compensation Cost And Weighted Average Period For Recognition |
|  | Restricted Stock |  |  | Performance |
|  | Awards/Units |  |  | Share Units |
Unrecognized compensation cost |  | $ | 97 |  |  | $ | 15 |
Weighted average period for recognition (years) |  |  | 2.5 |  |  |  | 1.9 |

X
- Definition Schedule of Share-based Payment Award, Other Than Options, Valuation Assumptions [Table Text Block] + References No definition available. + Details
Name: | dvn_ScheduleOfShareBasedPaymentAwardOtherThanOptionsValuationAssumptionsTableTextBlock
Namespace Prefix: | dvn_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of cost recognized for award under share-based payment arrangement by plan. Includes, but is not limited to, related tax benefit. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfCompensationCostForShareBasedPaymentArrangementsAllocationOfShareBasedCompensationCostsByPlanTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the changes in outstanding nonvested shares. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfNonvestedShareActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of cost not yet recognized and weighted-average period over which cost is expected to be recognized for nonvested award under share-based payment arrangement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (i) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfUnrecognizedCompensationCostNonvestedAwardsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration