XML 91 R57.htm IDEA: XBRL DOCUMENT v3.22.0.1
Acquisition and Divestitures (Schedule of Preliminary Allocation of the Total Purchase Price) (Details)
$ / shares in Units, shares in Millions, $ in Millions
Jan. 07, 2021
USD ($)
$ / shares
shares
Dec. 31, 2021
shares
Dec. 31, 2020
shares
Consideration:      
Conversion of common stock into right to received per share 0.5165    
Common stock, shares issued (in shares) | shares   663.0 382.0
Total common equity consideration $ 5,383    
Share-based replacement awards 49    
Assets acquired:      
Cash, cash equivalents and restricted cash 344    
Accounts receivable 425    
Other current assets 49    
Right-of-use assets 38    
Proved oil and gas property and equipment 7,017    
Unproved and properties under development 2,362    
Other property and equipment 485    
Investments 400    
Other long-term assets 43    
Total assets acquired 11,163    
Liabilities assumed:      
Accounts payable 346    
Revenue and royalties payable 223    
Other current liabilities 454    
Debt 3,562    
Lease liabilities 38    
Asset retirement obligations 94    
Deferred income taxes 249    
Other long-term liabilities 765    
Total liabilities assumed 5,731    
Net assets acquired $ 5,432    
WPX      
Consideration:      
WPX Common Stock outstanding | shares 561.2    
Devon and WPX Agreement [Member]      
Consideration:      
Conversion of common stock into right to received per share 0.5165    
Common stock, shares issued (in shares) | shares 289.9    
Devon closing price on January 7, 2021 | $ / shares $ 18.57    
Total consideration $ 5,432