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Restructuring and Transaction Costs (Tables)
12 Months Ended
Dec. 31, 2022
Restructuring and Related Activities [Abstract]  
Schedule Of Restructuring And Transaction Costs

The following table summarizes Devon’s restructuring and transaction costs.

 

 

 

Year Ended December 31,

 

 

 

2022

 

 

2021

 

 

2020

 

Restructuring costs

 

$

 

 

$

210

 

 

$

41

 

Transaction costs

 

 

 

 

 

48

 

 

 

8

 

Total costs

 

$

 

 

$

258

 

 

$

49

 

Schedule Of The Activity And Balances Associated With Restructuring Liabilities

The following table summarizes Devon’s restructuring liabilities. The remaining restructuring liability as of December 31, 2022 primarily relates to obligations associated with an abandoned Canadian firm transportation agreement.

 

 

 

Other

 

 

Other

 

 

 

 

 

 

Current

 

 

Long-term

 

 

 

 

 

 

Liabilities

 

 

Liabilities

 

 

Total

 

Balance as of December 31, 2020

 

$

35

 

 

$

137

 

 

$

172

 

Changes related to prior years' restructurings

 

 

3

 

 

 

(26

)

 

 

(23

)

Balance as of December 31, 2021

 

$

38

 

 

$

111

 

 

$

149

 

Changes related to prior years' restructurings

 

 

(4

)

 

 

(30

)

 

 

(34

)

Balance as of December 31, 2022

 

$

34

 

 

$

81

 

 

$

115