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Acquisitions and Divestitures - Schedule of Preliminary Allocation of the Total Purchase Price (Details) - USD ($) $ / shares in Units, $ in Millions | Sep. 27, 2024 | Sep. 30, 2024 | Dec. 31, 2023
--- | --- | --- | ---
Consideration: |  |  |
Devon common stock issued |  | 658,000,000 | 636,000,000
GME |  |  |
Consideration: |  |  |
Devon common stock issued | 37.3 |  |
Devon closing price on September 27, 2024 | $ 38.96 |  |
Total common equity consideration | $ 1,455 |  |
Cash consideration | 3,567 |  |
Total consideration | 5,022 |  |
Assets acquired: |  |  |
Cash, cash equivalents and restricted cash | 147 |  |
Accounts receivable | 226 |  |
Inventory | 38 |  |
Other current assets | 9 |  |
Proved oil and gas property and equipment | 2,931 |  |
Unproved and properties under development | 1,905 |  |
Other property and equipment, net | 210 |  |
Right-of-use assets | 29 |  |
Total assets acquired | 5,495 |  |
Liabilities assumed: |  |  |
Accounts payable | 155 |  |
Revenue and royalties payable | 209 |  |
Other current liabilities | 16 |  |
Asset retirement obligations | 75 |  |
Lease liabilities | 18 |  |
Total liabilities assumed | 473 |  |
Net assets acquired | $ 5,022 |  |

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