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Summary Of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2022

Accounting Policies [Abstract]

Schedule of Components of Investment

The following table presents Devon's investments that are shown on the consolidated balance sheet.


				Carrying Amount
Investments		% Interest		December 31, 2022				December 31, 2021
Catalyst		50%		$	339			$	368
Matterhorn		12.5%			54				—
Other		Various			47				34
Total				$	440			$	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 years ended and as of December 31, 2022 and 2021, respectively, are summarized below.


		Year ended December 31,
		2022				2021
Oil, gas and NGL sales		$	405			$	264
Production expenses		$	55			$	42
Accounts receivable		$	14			$	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,
		2022				2021				2020
Oil		$	10,281			$	6,996			$	2,034
Gas			1,948				1,104				326
NGL			1,853				1,431				335
Oil, gas and NGL sales			14,082				9,531				2,695

Oil			3,305				2,451				936
Gas			1,163				718				488
NGL			1,277				1,050				554
Marketing and midstream revenues			5,745				4,219				1,978
Total revenues from contracts with customers		$	19,827			$	13,750			$	4,673