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Consolidated Statements of Comprehensive Earnings - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Oil, gas and NGL sales $ 4,550 $ 3,741
Oil, gas and NGL derivatives (98) (145)
Total revenues 4,452 3,596
Production expenses 912 751
Exploration expenses 10 9
Depreciation, depletion and amortization 912 722
Asset impairments 254 0
Asset dispositions 2 1
General and administrative expenses 130 114
Financing costs, net 123 76
Other, net 27 22
Total expenses 3,806 2,828
Earnings before income taxes 646 768
Income tax expense 137 159
Net earnings 509 609
Net earnings attributable to noncontrolling interests 15 13
Net earnings attributable to Devon $ 494 $ 596
Net earnings per share:    
Basic net earnings per share $ 0.77 $ 0.95
Diluted net earnings per share $ 0.77 $ 0.94
Comprehensive earnings:    
Net earnings $ 509 $ 609
Other comprehensive earnings, net of tax:    
Pension and postretirement plans 1 1
Other comprehensive earnings, net of tax 1 1
Comprehensive earnings: 510 610
Comprehensive earnings attributable to noncontrolling interests 15 13
Comprehensive earnings attributable to Devon 495 597
Oil, Gas and NGL Sales [Member]    
Oil, gas and NGL sales 3,126 2,629
Marketing and Midstream Revenues [Member]    
Oil, gas and NGL sales 1,424 1,112
Marketing and Midstream Expenses [Member]    
Marketing and midstream expenses $ 1,436 $ 1,133