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Other, Net | 9 Months Ended
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Sep. 30, 2023
Other Expenses [Abstract] |
Other, Net | 6. Other, Net The following table summarizes Devon's other expenses (income) presented in the accompanying consolidated comprehensive statements of earnings.
|  | Three Months Ended September 30, |  |  | Nine Months Ended September 30, |
|  | 2023 |  |  | 2022 |  |  | 2023 |  |  | 2022 |
Estimated future obligation under a performance guarantee |  | $ | — |  |  | $ | (44 | ) |  | $ | — |  |  | $ | (140 | )
Ukraine charitable pledge |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 20 |
Asset retirement obligation accretion |  |  | 7 |  |  |  | 5 |  |  |  | 21 |  |  |  | 18 |
Other |  |  | 6 |  |  |  | (1 | ) |  |  | 7 |  |  |  | 11 |
Total |  | $ | 13 |  |  | $ | (40 | ) |  | $ | 28 |  |  | $ | (91 | )
Devon has guaranteed performance through 2026 for a minimum volume commitment associated with assets divested in 2018. Due to improved commodity prices, market conditions, and performance by the purchaser of the assets, the purchaser was able to fully satisfy the performance obligation due in the first quarter of 2023 and 2022, as well as reimburse Devon for shortfall payments previously made on the purchasers’ behalf in 2021 and 2020. Additionally, at March 31, 2022, Devon reduced the estimated future exposure of the performance guarantee. The effect of these cash collections and liability revisions resulted in a $140 million benefit in the first nine months of 2022. The first nine months of 2022 includes a $20 million pledge for humanitarian relief for the Ukrainian people and surrounding countries supporting refugees.

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- Definition The entire disclosure for other income or other expense items (both operating and nonoperating). Sources of nonoperating income or nonoperating expense that may be disclosed, include amounts earned from dividends, interest on securities, profits (losses) on securities, net and miscellaneous other income or income deductions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 610 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//610/tableOfContent Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 720 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//720/tableOfContent + Details
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