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Consolidated Statements of Comprehensive Earnings - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Revenues from contracts with customers $ 3,759 $ 4,495
Oil, gas and NGL derivatives 64 (683)
Total revenues 3,823 3,812
Production expenses 693 618
Exploration expenses 3 2
Depreciation, depletion and amortization 615 489
Asset dispositions 0 (1)
General and administrative expenses 106 94
Financing costs, net 72 85
Other, net 5 (61)
Total expenses 2,599 2,550
Earnings before income taxes 1,224 1,262
Income tax expense 221 267
Net earnings 1,003 995
Net earnings attributable to noncontrolling interests 8 6
Net earnings attributable to Devon $ 995 $ 989
Net earnings per share:    
Basic net earnings per share $ 1.53 $ 1.48
Diluted net earnings per share $ 1.53 $ 1.48
Comprehensive earnings:    
Net earnings $ 1,003 $ 995
Other comprehensive earnings, net of tax:    
Pension and postretirement plans 1 1
Other comprehensive earnings, net of tax 1 1
Comprehensive earnings: 1,004 996
Comprehensive earnings attributable to noncontrolling interests 8 6
Comprehensive earnings attributable to Devon 996 990
Oil, Gas and NGL Sales [Member]    
Revenues from contracts with customers 2,679 3,175
Marketing and Midstream Revenues [Member]    
Revenues from contracts with customers 1,080 1,320
Marketing and Midstream Expenses [Member]    
Expenses $ 1,105 $ 1,324