Supplemental Information To Statements Of Cash Flows

12 Months Ended

Dec. 31, 2021

Supplemental Cash Flow Elements [Abstract]

Supplemental Information To Statements Of Cash Flows

11.	Supplemental Information to Statements of Cash Flows

	Year Ended December 31,
	2021			2020			2019
Changes in assets and liabilities, net:
Accounts receivable	$	(526	)	$	231		$	(3	)
Income tax receivable		91			(127	)		(22	)
Other current assets		(61	)		30			15
Other long-term assets		12			(9	)		17
Accounts payable and revenues and royalties payable		539			(109	)		(46	)
Other current liabilities		(18	)		(68	)		(66	)
Other long-term liabilities		(153	)		(43	)		23
Total	$	(116	)	$	(95	)	$	(82	)
Supplementary cash flow data - total operations:
Interest paid	$	404		$	259		$	308
Income taxes paid (refunded)	$	(116	)	$	171		$	6

As of December 31, 2021, Devon had approximately $205 million of accrued capital expenditures included in total property and equipment, net and accounts payable on the consolidated balance sheets. As of December 31, 2020 (pre-merger), Devon had approximately $100 million of accrued capital expenditures in total property and equipment, net and accounts payable on the consolidated balance sheets. As of January 7, 2021 (date of Merger closing), Devon assumed approximately $150 million of accrued capital expenditures included in accounts payable.

Income taxes received during 2021 is primarily comprised of refunds related to the CARES Act. Devon’s remaining income taxes receivable as of December 31, 2021 includes an additional $59 million related to the CARES Act which will be applied to reduce future income taxes, and $24 million unrelated to the CARES Act which was received in the first quarter of 2022.