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Property, Plant and Equipment (Tables)

12 Months Ended

Dec. 31, 2021

Extractive Industries [Abstract]

Table of Property and Equipment, net

The following table reflects the aggregate capitalized costs related to Devon’s oil and gas and non-oil and gas activities.

		December 31, 2021				December 31, 2020
Property and equipment:
Proved		$	38,051			$	27,589
Unproved and properties under development			1,081				392
Total oil and gas			39,132				27,981
Less accumulated DD&A			(25,596	)			(23,545	)
Oil and gas property and equipment, net			13,536				4,436
Other property and equipment			2,139				1,737
Less accumulated DD&A			(667	)			(780	)
Other property and equipment, net (1)			1,472				957
Property and equipment, net		$	15,008			$	5,393

(1) $111 million and $102 million related to CDM in 2021 and 2020, respectively.

Summary of Changes in Suspended Exploratory Well Costs

The following summarizes the changes in suspended exploratory well costs for the three years ended December 31, 2021.

		Year Ended December 31,
		2021			2020				2019
Beginning balance		$	18		$	82			$	98
Acquired WPX costs			34			—				—
Additions pending determination of proved reserves			206			148				278
Charges to exploration expense			(2	)		(3	)			—
Reclassifications to proved properties			(190	)		(209	)			(294	)
Ending balance		$	66		$	18			$	82

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Tabular disclosure of the change in capitalized exploratory costs during the period.

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Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation.

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