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v3.23.1

Property, Plant and Equipment | 3 Months Ended
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Mar. 31, 2023
Extractive Industries [Abstract] |
Property, Plant and Equipment | Property, Plan t and Equipment The following table presents the aggregate capitalized costs related to Devon’s oil and gas and non-oil and gas activities.
|  | March 31, 2023 |  |  | December 31, 2022 |
Property and equipment: |  |  |  |  |  |
Proved |  | $ | 43,584 |  |  | $ | 42,734 |
Unproved and properties under development |  |  | 1,654 |  |  |  | 1,548 |
Total oil and gas |  |  | 45,238 |  |  |  | 44,282 |
Less accumulated DD&A |  |  | (28,306 | ) |  |  | (27,715 | )
Oil and gas property and equipment, net |  |  | 16,932 |  |  |  | 16,567 |
Other property and equipment |  |  | 2,340 |  |  |  | 2,280 |
Less accumulated DD&A |  |  | (757 | ) |  |  | (741 | )
Other property and equipment, net (1) |  |  | 1,583 |  |  |  | 1,539 |
Property and equipment, net |  | $ | 18,515 |  |  | $ | 18,106 |
(1) $112 million and $109 million related to CDM in 2023 and 2022, respectively.

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- Definition The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 6 -URI https://asc.fasb.org/extlink&oid=126982197&loc=d3e99893-112916 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -URI https://asc.fasb.org/topic&trid=2155823 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 7 -URI https://asc.fasb.org/extlink&oid=126982197&loc=SL120174063-112916 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 1 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=126982197&loc=d3e99779-112916 + Details
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