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Fair Value Measurements (Tables) | 12 Months Ended
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Dec. 31, 2024
Fair Value Disclosures [Abstract] |
Schedule Of Carrying Value And Fair Value Measurement Information For Financial Assets And Liabilities | The following table provides carrying value and fair value measurement information for certain of Devon’s financial assets and liabilities. The carrying values of cash, restricted cash, accounts receivable, other current receivables, accounts payable, other current payables, accrued expenses and lease liabilities included in the accompanying consolidated balance sheets approximated fair value at December 31, 2024 and December 31, 2023, as applicable. Therefore, such financial assets and liabilities are not presented in the following table.
|  |  |  |  |  |  |  | Fair Value Measurements Using: |
|  | Carrying |  |  | Total Fair |  |  | Level 1 |  |  | Level 2 |  |  | Level 3 |
|  | Amount |  |  | Value |  |  | Inputs |  |  | Inputs |  |  | Inputs |
December 31, 2024 assets (liabilities): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash equivalents |  | $ | 319 |  |  | $ | 319 |  |  | $ | 319 |  |  | $ | — |  |  | $ | — |
Commodity derivatives |  | $ | 56 |  |  | $ | 56 |  |  | $ | — |  |  | $ | 56 |  |  | $ | — |
Commodity derivatives |  | $ | (33 | ) |  | $ | (33 | ) |  | $ | — |  |  | $ | (33 | ) |  | $ | — |
Debt |  | $ | (8,883 | ) |  | $ | (8,520 | ) |  | $ | — |  |  | $ | (8,520 | ) |  | $ | — |
Contingent earnout payments |  | $ | 20 |  |  | $ | 20 |  |  | $ | — |  |  | $ | — |  |  | $ | 20 |
December 31, 2023 assets (liabilities): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash equivalents |  | $ | 306 |  |  | $ | 306 |  |  | $ | 306 |  |  | $ | — |  |  | $ | — |
Commodity derivatives |  | $ | 208 |  |  | $ | 208 |  |  | $ | — |  |  | $ | 208 |  |  | $ | — |
Commodity derivatives |  | $ | (9 | ) |  | $ | (9 | ) |  | $ | — |  |  | $ | (9 | ) |  | $ | — |
Debt |  | $ | (6,155 | ) |  | $ | (6,090 | ) |  | $ | — |  |  | $ | (6,090 | ) |  | $ | — |
Contingent earnout payments |  | $ | 55 |  |  | $ | 55 |  |  | $ | — |  |  | $ | — |  |  | $ | 55 |

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- Definition Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + Details
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