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v3.25.2

Leases (Tables) | 6 Months Ended
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Jun. 30, 2025
Leases [Abstract] |
Schedule of Right-of-use Assets and Lease Liabilities | The following table presents Devon’s right-of-use assets and lease liabilities as of June 30, 2025 and December 31, 2024.
|  | June 30, 2025 |  |  | December 31, 2024 |
|  | Finance |  |  | Operating |  |  | Total |  |  | Finance |  |  | Operating |  |  | Total |
Right-of-use assets |  | $ | 18 |  |  | $ | 167 |  |  | $ | 185 |  |  | $ | 248 |  |  | $ | 55 |  |  | $ | 303 |
Lease liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Current lease liabilities (1) |  | $ | 5 |  |  | $ | 67 |  |  | $ | 72 |  |  | $ | 25 |  |  | $ | 28 |  |  | $ | 53 |
Long-term lease liabilities |  |  | 13 |  |  |  | 100 |  |  |  | 113 |  |  |  | 293 |  |  |  | 27 |  |  |  | 320 |
Total lease liabilities (2) |  | $ | 18 |  |  | $ | 167 |  |  | $ | 185 |  |  | $ | 318 |  |  | $ | 55 |  |  | $ | 373 |
(1) Current lease liabilities are included in other current liabilities on the consolidated balance sheets. (2) Devon has entered into certain leases of equipment related to the exploration, development and production of oil and gas that had terms not yet commenced as of June 30, 2025 and are therefore excluded from the amounts shown above.

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