XML 66 R43.htm IDEA: XBRL DOCUMENT
v3.24.0.1

Stockholders' Equity (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2023
Stockholders' Equity [Table] |
Summary Of Dividends Paid On Common Stock | The following table summarizes the dividends Devon has paid on its common stock in 2023, 2022 and 2021, respectively.
| Fixed |  |  | Variable |  |  | Total |  |  | Rate Per Share |
2023: |  |  |  |  |  |  |  |  |  |  |
First quarter | $ | 133 |  |  | $ | 463 |  |  | $ | 596 |  |  | $ | 0.89 |
Second quarter |  | 128 |  |  |  | 334 |  |  |  | 462 |  |  | $ | 0.72 |
Third quarter |  | 127 |  |  |  | 185 |  |  |  | 312 |  |  | $ | 0.49 |
Fourth quarter |  | 127 |  |  |  | 361 |  |  |  | 488 |  |  | $ | 0.77 |
Total year-to-date | $ | 515 |  |  | $ | 1,343 |  |  | $ | 1,858 |  |  |  |
2022: |  |  |  |  |  |  |  |  |  |  |
First quarter | $ | 109 |  |  | $ | 558 |  |  | $ | 667 |  |  | $ | 1.00 |
Second quarter |  | 105 |  |  |  | 725 |  |  |  | 830 |  |  | $ | 1.27 |
Third quarter |  | 117 |  |  |  | 890 |  |  |  | 1,007 |  |  | $ | 1.55 |
Fourth quarter |  | 117 |  |  |  | 758 |  |  |  | 875 |  |  | $ | 1.35 |
Total year-to-date | $ | 448 |  |  | $ | 2,931 |  |  | $ | 3,379 |  |  |  |
2021: |  |  |  |  |  |  |  |  |  |  |
First quarter | $ | 76 |  |  | $ | 127 |  |  | $ | 203 |  |  | $ | 0.30 |
Second quarter |  | 75 |  |  |  | 154 |  |  |  | 229 |  |  | $ | 0.34 |
Third quarter |  | 74 |  |  |  | 255 |  |  |  | 329 |  |  | $ | 0.49 |
Fourth quarter |  | 73 |  |  |  | 481 |  |  |  | 554 |  |  | $ | 0.84 |
Total year-to-date | $ | 298 |  |  | $ | 1,017 |  |  | $ | 1,315 |  |  |  |
Share Repurchase Program [Member] |
Stockholders' Equity [Table] |
Summary of Repurchases of Common Stock | The table below provides information regarding purchases of Devon’s common stock that were made under the share repurchase program (shares in thousands).
|  | Total Number of Shares Purchased |  |  | Dollar Value of Shares Purchased |  |  | Average Price Paid per Share |
$3.0 Billion Plan |  |  |  |  |  |  |  |  |
2021 |  |  | 13,983 |  |  | $ | 589 |  |  | $ | 42.15 |
2022 |  |  | 11,708 |  |  |  | 718 |  |  |  | 61.36 |
2023 |  |  | 19,350 |  |  |  | 992 |  |  |  | 51.23 |
Total plan |  |  | 45,041 |  |  | $ | 2,299 |  |  | $ | 51.05 |

X
- Definition Disclosure of information about distribution of assets, liabilities and stockholders' equity. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name Regulation S-K (SK) -Number 229 -Section 1402 -Paragraph (a) -Publisher SEC Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Name Regulation S-K (SK) -Number 229 -Section 1402 -Paragraph (b) -Subparagraph (1) -Publisher SEC Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Name Regulation S-K (SK) -Number 229 -Section 1402 -Paragraph (b) -Subparagraph (2) -Publisher SEC Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Name Regulation S-K (SK) -Number 229 -Section 1402 -Paragraph (b) -Subparagraph (3) -Publisher SEC + Details
Name: | srt_DistributionOfAssetsLiabilitiesAndStockholdersEquityTable
Namespace Prefix: | srt_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information related to dividends declared, including paid and unpaid dividends. + References No definition available. + Details
Name: | us-gaap_DividendsDeclaredTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of treasury stock, including, but not limited to, average cost per share, description of share repurchase program, shares repurchased, shares held for each class of treasury stock. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481520/505-30-50-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481520/505-30-50-3 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481520/505-30-50-4 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -Section 45 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481549/505-30-45-1 + Details
Name: | us-gaap_ScheduleOfTreasuryStockByClassTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_ShareRepurchaseProgramAxis=dvn_ShareRepurchaseProgramMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |