XML 67 R33.htm IDEA: XBRL DOCUMENT v3.22.0.1

Share-Based Compensation (Tables)

12 Months Ended

Dec. 31, 2021

Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]

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

		Year Ended December 31,
		2021				2020				2019
G&A		$	77			$	76			$	83
Exploration expenses			1				1				1
Restructuring and transaction costs			21				11				31
Total		$	99			$	88			$	115
Related income tax benefit		$	13			$	—			$	13

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			7,727			(1	)	$	19.74				—			$	—				861					$	18.08
Vested			(5,188	)				$	22.29				(44	)		$	44.70				(754	)				$	37.40
Forfeited			(199	)				$	22.70				—			$	—				(25	)				$	36.04
Unvested at 12/31/21			7,656					$	22.15				—			$	—				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 related 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.

Schedule of Share Based Compensation Arrangement By Share Based Payment Award Aggregate Fair Value Of Awards And Units Table Text Block

		2021				2020				2019
Restricted Stock Awards and Units		$	115			$	44			$	127
Performance-Based Restricted Stock Awards		$	1			$	2			$	4
Performance Share Units		$	15			$	10			$	4

Summary of Unrecognized Compensation Cost And Weighted Average Period For Recognition

		Restricted Stock				Performance
		Awards/Units				Share Units
Unrecognized compensation cost		$	82			$	13
Weighted average period for recognition (years)			2.4				1.7

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

		2021				2020				2019
Grant-date fair value		$	18.08			$	27.89			$28.43 - $29.53
Risk-free interest rate		0.18%				1.36%				2.48%
Volatility factor		67.8%				38.4%				39.1%
Contractual term (years)		2.89				2.89				2.89

X

- Definition

Tabular disclosure of the aggregate fair value of Restricted Stock, Performance-based Restricted Stock and Performance Shares Units that vested during the period.

+ References

No definition available.

+ Details

Name:	dvn_ScheduleOfShareBasedCompensationArrangementByShareBasedPaymentAwardAggregateFairValueOfAwardsAndUnitsTableTextBlock
Namespace Prefix:	dvn_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

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