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Asset Impairments
3 Months Ended
Mar. 31, 2025
Asset Impairment Charges [Abstract]  
Asset Impairments

5. Asset Impairments

In the first quarter of 2025, Devon rationalized two headquarters-related real estate assets, triggering assets held for sale and recording asset impairments of $254 million. Both transactions closed by the end of the first quarter of 2025 and generated sale proceeds of $120 million.