XML 24 R2.htm IDEA: XBRL DOCUMENT v3.25.0.1
Consolidated Statements of Comprehensive Earnings - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Revenues from contracts with customers $ 15,919 $ 15,140 $ 19,827
Oil, gas and NGL derivatives 21 118 (658)
Total revenues 15,940 15,258 19,169
Production expenses 3,183 2,928 2,797
Exploration expenses 28 20 29
Depreciation, depletion and amortization 3,255 2,554 2,223
Asset dispositions 11 (30) (44)
General and administrative expenses 500 408 395
Financing costs, net 363 308 309
Other, net 96 38 (95)
Total expenses 12,228 10,635 11,394
Earnings before income taxes 3,712 4,623 7,775
Income tax expense 770 841 1,738
Net earnings 2,942 3,782 6,037
Net earnings attributable to noncontrolling interests 51 35 22
Net earnings attributable to Devon $ 2,891 $ 3,747 $ 6,015
Net earnings per share:      
Basic net earnings per share $ 4.58 $ 5.86 $ 9.15
Diluted net earnings per share $ 4.56 $ 5.84 $ 9.12
Comprehensive earnings (loss):      
Net earnings $ 2,942 $ 3,782 $ 6,037
Other comprehensive earnings (loss), net of tax:      
Pension and postretirement plans 2 (8) 16
Other comprehensive earnings (loss), net of tax 2 (8) 16
Comprehensive earnings: 2,944 3,774 6,053
Comprehensive earnings attributable to noncontrolling interests 51 35 22
Comprehensive earnings attributable to Devon 2,893 3,739 6,031
Oil, Gas and NGL Sales [Member]      
Revenues from contracts with customers 11,176 10,791 14,082
Marketing and Midstream Revenues [Member]      
Revenues from contracts with customers 4,743 4,349 5,745
Marketing and Midstream Expenses [Member]      
Marketing and midstream expenses $ 4,792 $ 4,409 $ 5,780