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Summary Of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2021

Accounting Policies [Abstract]

Schedule of Components of Investment

Devon’s investment in Catalyst is shown within investments on the consolidated balance sheet and Devon’s share of Catalyst earnings are reflected as a component of other, net in the accompanying consolidated statements of comprehensive earnings.

Investments		% Interest				Carrying Amount
Catalyst		50%				$	368
Other		Various					34
Total						$	402

Schedule Of Additional Investment Information

After the closing of the Merger, Catalyst has provided certain gathering, processing and marketing services to Devon in the ordinary course of business. The impact from these services on Devon’s consolidated statement of comprehensive earnings and consolidated balance sheet for the year ended and as of December 31, 2021, respectively, are summarized below.

	2021
Oil, gas and NGL sales	$	264
Production expenses	$	42
Accounts receivable	$	22

Schedule of Revenue from Contracts with Customers Disaggregated Based on Type of Good

The following table presents revenue from contracts with customers that are disaggregated based on the type of good.

		Year Ended December 31,
		2021				2020				2019
Oil		$	6,996			$	2,034			$	2,988
Gas			1,104				326				391
NGL			1,431				335				430
Oil, gas and NGL sales			9,531				2,695				3,809
Oil			2,451				936				1,534
Gas			718				488				645
NGL			1,050				554				686
Marketing and midstream revenues			4,219				1,978				2,865
Total revenues from contracts with customers		$	13,750			$	4,673			$	6,674

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Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

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Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130545-203045

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Tabular disclosure of the summary of investment holdings.

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Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 946
-SubTopic 320
-Section S99
-Paragraph 3
-Subparagraph (SX 210.12-12B)
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