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Property, Plant and Equipment (Tables)

3 Months Ended

Mar. 31, 2023

Extractive Industries [Abstract]

Table of Property and Equipment, net

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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- References

No definition available.

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- Definition

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.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 50
-Paragraph 1
-URI https://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229

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