$DVN
DEVON ENERGY CORP/DE

2016 Q4 Form 10-Q Financial Statement

#000156459016026889 Filed on November 02, 2016

View on sec.gov

Income Statement

Concept 2016 Q4 2016 Q3 2015 Q3
Revenue $3.350B $4.233B $3.601B
YoY Change 16.08% 17.55% -32.51%
Cost Of Revenue $588.0M $355.0M $510.0M
YoY Change 22.76% -30.39% -12.67%
Gross Profit $2.220B $2.527B $3.091B
YoY Change -7.77% -18.25% -34.95%
Gross Profit Margin 66.27% 59.7% 85.84%
Selling, General & Admin $2.032B $1.688B $1.926B
YoY Change 16.25% -12.36% -8.98%
% of Gross Profit 91.53% 66.8% 62.31%
Research & Development $215.0M
YoY Change
% of Gross Profit 9.68%
Depreciation & Amortization $676.0M $394.0M $744.0M
YoY Change 5.46% -47.04% -11.64%
% of Gross Profit 30.45% 15.59% 24.07%
Operating Expenses $2.396B $2.099B $2.681B
YoY Change -0.79% -21.71% -9.91%
Operating Profit -$176.0M $428.0M $410.0M
YoY Change 2100.0% 4.39% -76.91%
Interest Expense -$142.0M -$137.0M -$67.00M
YoY Change 30.28% 104.48% 21.82%
% of Operating Profit -32.01% -16.34%
Other Income/Expense, Net -$235.0M -$66.00M -$112.0M
YoY Change 2837.5% -41.07% 72.31%
Pretax Income $375.0M $1.178B -$5.623B
YoY Change -106.77% -120.95% -439.96%
Income Tax $369.0M $171.0M -$1.714B
% Of Pretax Income 98.4% 14.52%
Net Earnings $331.0M $993.0M -$3.507B
YoY Change -107.3% -128.31% -445.18%
Net Earnings / Revenue 9.88% 23.46% -97.39%
Basic Earnings Per Share $0.63 $1.90 -$8.64
Diluted Earnings Per Share $0.63 $1.89 -$8.64
COMMON SHARES
Basic Shares Outstanding 523.6M 518.0M 406.0M
Diluted Shares Outstanding 521.0M 406.0M

Balance Sheet

Concept 2016 Q4 2016 Q3 2015 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.959B $2.385B $1.787B
YoY Change -15.19% 33.46% -47.56%
Cash & Equivalents $1.947B $2.385B $1.787B
Short-Term Investments
Other Short-Term Assets $264.0M $257.0M $1.185B
YoY Change -56.44% -78.31% 264.62%
Inventory
Prepaid Expenses
Receivables $1.356B $1.092B $1.301B
Other Receivables $69.00M $69.00M $25.00M
Total Short-Term Assets $3.772B $4.451B $4.298B
YoY Change -6.19% 3.56% -28.04%
LONG-TERM ASSETS
Property, Plant & Equipment $14.28B $16.17B $22.78B
YoY Change -31.97% -29.01% -35.24%
Goodwill $2.383B $3.963B
YoY Change -28.59%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $1.987B $2.230B $1.503B
YoY Change 49.4% 48.37% 8.36%
Total Long-Term Assets $24.90B $22.36B $29.97B
YoY Change -2.92% -25.4% -33.19%
TOTAL ASSETS
Total Short-Term Assets $3.772B $4.451B $4.298B
Total Long-Term Assets $24.90B $22.36B $29.97B
Total Assets $28.68B $26.81B $34.27B
YoY Change -3.36% -21.76% -32.59%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $642.0M $529.0M $940.0M
YoY Change -29.14% -43.72% -30.06%
Accrued Expenses $130.0M $171.0M
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $350.0M $500.0M
YoY Change -100.0% -30.0% -73.66%
Total Short-Term Liabilities $2.616B $2.851B $3.501B
YoY Change -20.61% -18.57% -41.59%
LONG-TERM LIABILITIES
Long-Term Debt $10.15B $11.00B $11.40B
YoY Change -15.78% -3.47% 12.19%
Other Long-Term Liabilities $894.0M $1.036B $2.195B
YoY Change 4.81% -52.8% -3.47%
Total Long-Term Liabilities $11.05B $12.04B $13.60B
YoY Change -14.42% -11.44% 9.33%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.616B $2.851B $3.501B
Total Long-Term Liabilities $11.05B $12.04B $13.60B
Total Liabilities $13.66B $14.89B $22.80B
YoY Change -15.68% -34.7% -20.44%
SHAREHOLDERS EQUITY
Retained Earnings -$69.00M -$1.977B
YoY Change -103.87%
Common Stock $52.00M $52.00M
YoY Change 23.81%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $8.274B $5.840B $11.55B
YoY Change
Total Liabilities & Shareholders Equity $28.68B $26.81B $34.35B
YoY Change -2.63% -21.94% -32.43%

Cashflow Statement

Concept 2016 Q4 2016 Q3 2015 Q3
OPERATING ACTIVITIES
Net Income $331.0M $993.0M -$3.507B
YoY Change -107.3% -128.31% -445.18%
Depreciation, Depletion And Amortization $676.0M $394.0M $744.0M
YoY Change 5.46% -47.04% -11.64%
Cash From Operating Activities $290.0M $700.0M $1.553B
YoY Change -72.92% -54.93% -0.38%
INVESTING ACTIVITIES
Capital Expenditures -$388.0M $3.000M $113.0M
YoY Change -64.04% -97.35% -106.76%
Acquisitions
YoY Change
Other Investing Activities $1.198B -$34.00M $3.000M
YoY Change -333.53% -1233.33% -99.87%
Cash From Investing Activities $810.0M $1.290B -$1.169B
YoY Change -150.88% -210.35% -308.75%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $2.173B
YoY Change
Cash From Financing Activities -1.460B -1.319B -300.0M
YoY Change -238.26% 339.67% -22.88%
NET CHANGE
Cash From Operating Activities 290.0M 700.0M 1.553B
Cash From Investing Activities 810.0M 1.290B -1.169B
Cash From Financing Activities -1.460B -1.319B -300.0M
Net Change In Cash -360.0M 671.0M 84.00M
YoY Change -167.29% 698.81% -95.14%
FREE CASH FLOW
Cash From Operating Activities $290.0M $700.0M $1.553B
Capital Expenditures -$388.0M $3.000M $113.0M
Free Cash Flow $678.0M $697.0M $1.440B
YoY Change -68.47% -51.6% -55.43%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2016
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
CY2016Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
523600000
us-gaap Oil And Gas Sales Revenue
OilAndGasSalesRevenue
4264000000
us-gaap Lease Operating Expense
LeaseOperatingExpense
1625000000
us-gaap Gas Gathering Transportation Marketing And Processing Costs
GasGatheringTransportationMarketingAndProcessingCosts
4939000000
CY2015Q3 us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
99000000
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-369000000
us-gaap Profit Loss
ProfitLoss
-4024000000
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-391000000
us-gaap Net Income Loss
NetIncomeLoss
-3633000000
us-gaap Operating Income Loss
OperatingIncomeLoss
-3532000000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-150000000
CY2015Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-212000000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-458000000
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-10749000000
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
661000000
us-gaap Taxes Excluding Income And Excise Taxes
TaxesExcludingIncomeAndExciseTaxes
315000000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
2488000000
us-gaap Asset Impairment Charges
AssetImpairmentCharges
4851000000
us-gaap Asset Impairment Charges
AssetImpairmentCharges
15479000000
CY2016Q3 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
17000000
CY2015Q3 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
14000000
us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
41000000
us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
54000000
us-gaap Costs And Expenses
CostsAndExpenses
12379000000
us-gaap Costs And Expenses
CostsAndExpenses
25561000000
us-gaap Operating Income Loss
OperatingIncomeLoss
-15302000000
CY2016Q3 dvn Financing Costs Net
FinancingCostsNet
243000000
CY2015Q3 dvn Financing Costs Net
FinancingCostsNet
136000000
dvn Financing Costs Net
FinancingCostsNet
570000000
dvn Financing Costs Net
FinancingCostsNet
378000000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-46000000
us-gaap Profit Loss
ProfitLoss
-10291000000
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-369000000
us-gaap Net Income Loss
NetIncomeLoss
-9922000000
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-24.45
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-10380000000
CY2016Q3 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
86000000
CY2016Q3 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
58000000
CY2015Q3 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
481000000
us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
-359000000
us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
606000000
CY2016Q3 dvn Cash Settlements On Derivatives And Financial Instruments
CashSettlementsOnDerivativesAndFinancialInstruments
-15000000
CY2015Q3 dvn Cash Settlements On Derivatives And Financial Instruments
CashSettlementsOnDerivativesAndFinancialInstruments
-730000000
dvn Cash Settlements On Derivatives And Financial Instruments
CashSettlementsOnDerivativesAndFinancialInstruments
133000000
dvn Cash Settlements On Derivatives And Financial Instruments
CashSettlementsOnDerivativesAndFinancialInstruments
-1913000000
CY2016Q3 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
169000000
CY2015Q3 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
171000000
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
190000000
us-gaap Proceeds From Sale Of Oil And Gas Property And Equipment
ProceedsFromSaleOfOilAndGasPropertyAndEquipment
1889000000
us-gaap Proceeds From Sale Of Oil And Gas Property And Equipment
ProceedsFromSaleOfOilAndGasPropertyAndEquipment
35000000
CY2016Q3 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-34000000
CY2015Q3 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
3000000
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-7000000
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
8000000
CY2016Q3 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
1290000000
CY2015Q3 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-1169000000
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-1404000000
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-4732000000
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
437000000
CY2016Q3 us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
-136000000
CY2015Q3 us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
-67000000
us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
-181000000
us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
-93000000
CY2016Q3 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
3000000
CY2015Q3 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-52000000
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-10000000
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-211000000
CY2016Q3 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
12000000
CY2015Q3 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
36000000
us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
7000000
us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-74000000
CY2016Q3 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
726000000
CY2015Q3 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
1553000000
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
1210000000
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
4302000000
CY2016Q3 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
421000000
CY2015Q3 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
1080000000
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
1659000000
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
4229000000
CY2016Q3 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
3000000
CY2015Q3 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
113000000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1641000000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
530000000
CY2016Q3 us-gaap Proceeds From Sale Of Oil And Gas Property And Equipment
ProceedsFromSaleOfOilAndGasPropertyAndEquipment
1680000000
CY2015Q3 us-gaap Proceeds From Sale Of Oil And Gas Property And Equipment
ProceedsFromSaleOfOilAndGasPropertyAndEquipment
27000000
CY2016Q3 us-gaap Proceeds From Debt Net Of Issuance Costs
ProceedsFromDebtNetOfIssuanceCosts
816000000
CY2015Q3 us-gaap Proceeds From Debt Net Of Issuance Costs
ProceedsFromDebtNetOfIssuanceCosts
277000000
us-gaap Proceeds From Debt Net Of Issuance Costs
ProceedsFromDebtNetOfIssuanceCosts
1662000000
us-gaap Proceeds From Debt Net Of Issuance Costs
ProceedsFromDebtNetOfIssuanceCosts
3328000000
CY2016Q3 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
2173000000
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
1773000000
CY2015Q3 us-gaap Proceeds From Repayments Of Commercial Paper
ProceedsFromRepaymentsOfCommercialPaper
-169000000
us-gaap Proceeds From Repayments Of Commercial Paper
ProceedsFromRepaymentsOfCommercialPaper
-626000000
us-gaap Proceeds From Repayments Of Commercial Paper
ProceedsFromRepaymentsOfCommercialPaper
-932000000
CY2016Q3 us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
82000000
us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
82000000
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
1469000000
us-gaap Proceeds From Sale Of Interest In Corporate Unit
ProceedsFromSaleOfInterestInCorporateUnit
654000000
CY2016Q3 us-gaap Proceeds From Issuance Of Common Limited Partners Units
ProceedsFromIssuanceOfCommonLimitedPartnersUnits
59000000
CY2015Q3 us-gaap Proceeds From Issuance Of Common Limited Partners Units
ProceedsFromIssuanceOfCommonLimitedPartnersUnits
9000000
us-gaap Proceeds From Issuance Of Common Limited Partners Units
ProceedsFromIssuanceOfCommonLimitedPartnersUnits
835000000
us-gaap Proceeds From Issuance Of Common Limited Partners Units
ProceedsFromIssuanceOfCommonLimitedPartnersUnits
13000000
us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
190000000
us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
296000000
CY2016Q3 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
146000000
CY2015Q3 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
5000000
us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
151000000
us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
12000000
CY2016Q3 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
77000000
CY2015Q3 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
68000000
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
224000000
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
186000000
CY2016Q3 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-2000000
CY2015Q3 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-3000000
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-9000000
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-18000000
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
264000000
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
802000000
CY2016Q3 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-9000000
CY2015Q3 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-22000000
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
5000000
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-65000000
CY2016Q3 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
662000000
CY2015Q3 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
62000000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
75000000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
307000000
CY2016Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1723000000
CY2015Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1725000000
CY2015Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2310000000
CY2014Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1480000000
CY2016Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2385000000
CY2015Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1787000000
CY2016Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1092000000
CY2015Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1105000000
CY2016Q3 us-gaap Assets Of Disposal Group Including Discontinued Operation Current
AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent
717000000
CY2016Q3 us-gaap Other Assets Current
OtherAssetsCurrent
257000000
CY2015Q4 us-gaap Other Assets Current
OtherAssetsCurrent
606000000
CY2016Q3 us-gaap Assets Current
AssetsCurrent
4451000000
CY2015Q4 us-gaap Assets Current
AssetsCurrent
4021000000
CY2016Q3 us-gaap Capitalized Costs Proved Properties
CapitalizedCostsProvedProperties
75431000000
CY2015Q4 us-gaap Capitalized Costs Proved Properties
CapitalizedCostsProvedProperties
78190000000
CY2016Q3 us-gaap Capitalized Costs Of Unproved Properties Excluded From Amortization Cumulative
CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortizationCumulative
3637000000
CY2015Q4 us-gaap Capitalized Costs Of Unproved Properties Excluded From Amortization Cumulative
CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortizationCumulative
2584000000
CY2016Q3 us-gaap Oil And Gas Property Full Cost Method Gross
OilAndGasPropertyFullCostMethodGross
79068000000
CY2015Q4 us-gaap Oil And Gas Property Full Cost Method Gross
OilAndGasPropertyFullCostMethodGross
80774000000
CY2016Q3 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
10320000000
CY2015Q4 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
10380000000
CY2016Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
89388000000
CY2015Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
91154000000
CY2016Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
73219000000
CY2015Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
72086000000
CY2016Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
16169000000
CY2015Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
19068000000
CY2016Q3 us-gaap Goodwill
Goodwill
3963000000
CY2015Q4 us-gaap Goodwill
Goodwill
5032000000
CY2016Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
2230000000
CY2015Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
1330000000
CY2016Q3 us-gaap Assets
Assets
26813000000
CY2015Q4 us-gaap Assets
Assets
29451000000
CY2016Q3 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
529000000
CY2015Q4 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
906000000
CY2016Q3 us-gaap Accounts Payable Other Current
AccountsPayableOtherCurrent
860000000
CY2015Q4 us-gaap Accounts Payable Other Current
AccountsPayableOtherCurrent
763000000
CY2016Q3 us-gaap Debt Current
DebtCurrent
350000000
CY2015Q4 us-gaap Debt Current
DebtCurrent
976000000
CY2016Q3 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Current
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
202000000
CY2016Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
910000000
CY2015Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
650000000
CY2016Q3 us-gaap Liabilities Current
LiabilitiesCurrent
2851000000
CY2015Q4 us-gaap Liabilities Current
LiabilitiesCurrent
3295000000
CY2016Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
11004000000
CY2015Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
12056000000
CY2016Q3 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
1230000000
CY2015Q4 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
1370000000
CY2016Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
1036000000
CY2015Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
853000000
CY2016Q3 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
631000000
CY2015Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
888000000
CY2016Q3 us-gaap Common Stock Value
CommonStockValue
52000000
CY2015Q4 us-gaap Common Stock Value
CommonStockValue
42000000
CY2016Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
7487000000
CY2015Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
4996000000
CY2016Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-1977000000
CY2015Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1781000000
CY2016Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
278000000
CY2015Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
230000000
CY2016Q3 us-gaap Stockholders Equity
StockholdersEquity
5840000000
CY2015Q4 us-gaap Stockholders Equity
StockholdersEquity
7049000000
CY2016Q3 us-gaap Minority Interest
MinorityInterest
4221000000
CY2015Q4 us-gaap Minority Interest
MinorityInterest
3940000000
CY2016Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
10061000000
CY2015Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
10989000000
CY2016Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
26813000000
CY2015Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
29451000000
CY2016Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.10
CY2015Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.10
CY2016Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1000000000
CY2015Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1000000000
CY2016Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
524000000
CY2015Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
418000000
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
23000000
us-gaap Dividends Common Stock
DividendsCommonStock
190000000
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
2127000000
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
142000000
us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
1216000000
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
224000000
CY2014Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
26341000000
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
23000000
us-gaap Dividends Common Stock
DividendsCommonStock
296000000
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
129000000
us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
704000000
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
186000000
us-gaap Stockholders Equity Other
StockholdersEquityOther
-2000000
CY2015Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
15922000000
CY2015Q4 dvn Derivative Collateral Held
DerivativeCollateralHeld
75000000
CY2016Q3 us-gaap Derivative Instruments Not Designated As Hedging Instruments Asset At Fair Value
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAssetAtFairValue
15000000
CY2015Q4 us-gaap Derivative Instruments Not Designated As Hedging Instruments Asset At Fair Value
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAssetAtFairValue
45000000
CY2016Q3 us-gaap Derivative Instruments Not Designated As Hedging Instruments Liability At Fair Value
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue
231000000
CY2015Q4 us-gaap Derivative Instruments Not Designated As Hedging Instruments Liability At Fair Value
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue
48000000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
117000000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
182000000
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
30000000
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
48000000
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
3000000
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
37000000
CY2015Q4 us-gaap Restructuring Reserve
RestructuringReserve
76000000
CY2016Q3 us-gaap Restructuring Reserve
RestructuringReserve
144000000
CY2014Q4 us-gaap Restructuring Reserve
RestructuringReserve
20000000
CY2015Q3 us-gaap Restructuring Reserve
RestructuringReserve
13000000
CY2016Q3 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
85000000
CY2015Q3 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
-6000000
us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
72000000
us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
-87000000
CY2016Q3 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2015Q3 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2016Q3 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.35
CY2015Q3 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
0.00
us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.20
us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
0.00
CY2016Q3 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Impairment Losses
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseImpairmentLosses
0.06
CY2015Q3 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Impairment Losses
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseImpairmentLosses
-0.05
us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Impairment Losses
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseImpairmentLosses
-0.09
us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Impairment Losses
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseImpairmentLosses
-0.02
CY2016Q3 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies
EffectiveIncomeTaxRateReconciliationTaxContingencies
0.07
CY2015Q3 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies
EffectiveIncomeTaxRateReconciliationTaxContingencies
0.00
us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies
EffectiveIncomeTaxRateReconciliationTaxContingencies
-0.02
us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies
EffectiveIncomeTaxRateReconciliationTaxContingencies
0.00
CY2016Q3 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.00
CY2015Q3 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.00
us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.03
us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.01
CY2016Q3 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.02
CY2015Q3 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.01
us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.01
us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.02
CY2016Q3 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.00
CY2015Q3 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.01
us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.03
us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.01
CY2016Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.15
CY2015Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.30
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.05
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.35
CY2015 dvn Percentage Of Deferred Tax Assets Recorded As Valuation Allowance
PercentageOfDeferredTaxAssetsRecordedAsValuationAllowance
1.00
CY2015Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
967000000
CY2016Q1 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
808000000
CY2016Q2 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
467000000
CY2016Q3 us-gaap Income Tax Examination Interest Expense
IncomeTaxExaminationInterestExpense
34000000
CY2016Q3 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
11000000
CY2015Q3 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
1000000
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
1000000
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
3000000
CY2016Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
982000000
CY2015Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-3508000000
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-3634000000
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-9925000000
CY2016Q3 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
524000000
CY2015Q3 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
411000000
us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
509000000
us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
411000000
CY2016Q3 us-gaap Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights
IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights
6000000
CY2015Q3 us-gaap Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights
IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights
5000000
us-gaap Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights
IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights
6000000
us-gaap Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights
IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights
5000000
CY2016Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
518000000
CY2015Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
406000000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
503000000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
406000000
CY2016Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
3000000
CY2016Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
521000000
CY2015Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
406000000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
-519000000
CY2016Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
-3000000
CY2015Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
-30000000
us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
24000000
us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
-49000000
CY2016Q2 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
185000000
CY2015Q2 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
197000000
CY2015Q4 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
194000000
CY2014Q4 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
204000000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
503000000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
406000000
CY2016Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3000000
CY2015Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
4000000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3000000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
4000000
CY2016Q2 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
450000000
CY2015Q2 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
725000000
CY2015Q4 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
424000000
CY2014Q4 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
983000000
CY2016Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
-1000000
CY2015Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
-242000000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
52000000
CY2016Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansBeforeTax
-7000000
CY2015Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansBeforeTax
-6000000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansBeforeTax
-20000000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansBeforeTax
-17000000
CY2016Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
4000000
CY2015Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
-1000000
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
-5000000
CY2015Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
321000000
CY2016Q3 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-81000000
CY2015Q3 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-273000000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-87000000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-713000000
CY2016Q3 us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
-6000000
CY2015Q3 us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
-98000000
us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
-107000000
us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
-514000000
CY2016Q3 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
-98000000
CY2015Q3 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
30000000
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
-242000000
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
36000000
CY2016Q3 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-34000000
CY2015Q3 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-33000000
us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-185000000
us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-135000000
CY2016Q3 us-gaap Increase Decrease In Royalties Payable
IncreaseDecreaseInRoyaltiesPayable
40000000
CY2015Q3 us-gaap Increase Decrease In Royalties Payable
IncreaseDecreaseInRoyaltiesPayable
-105000000
us-gaap Increase Decrease In Royalties Payable
IncreaseDecreaseInRoyaltiesPayable
34000000
us-gaap Increase Decrease In Royalties Payable
IncreaseDecreaseInRoyaltiesPayable
-288000000
CY2016Q3 us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
-55000000
CY2015Q3 us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
-136000000
us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
-104000000
us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
-675000000
CY2016Q3 us-gaap Interest Paid Net
InterestPaidNet
113000000
CY2015Q3 us-gaap Interest Paid Net
InterestPaidNet
113000000
us-gaap Interest Paid Net
InterestPaidNet
402000000
us-gaap Interest Paid Net
InterestPaidNet
343000000
CY2016Q3 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-7000000
CY2015Q3 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-9000000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-130000000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-339000000
CY2016Q3 us-gaap Oil And Gas Joint Interest Billing Receivables Current
OilAndGasJointInterestBillingReceivablesCurrent
75000000
CY2015Q4 us-gaap Oil And Gas Joint Interest Billing Receivables Current
OilAndGasJointInterestBillingReceivablesCurrent
211000000
CY2016Q3 us-gaap Other Receivables Gross Current
OtherReceivablesGrossCurrent
69000000
CY2015Q4 us-gaap Other Receivables Gross Current
OtherReceivablesGrossCurrent
30000000
CY2016Q3 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
1110000000
CY2015Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
1123000000
CY2016Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
18000000
CY2015Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
18000000
CY2016Q3 us-gaap Finite Lived Customer Relationships Gross
FiniteLivedCustomerRelationshipsGross
1793000000
CY2015Q4 us-gaap Finite Lived Customer Relationships Gross
FiniteLivedCustomerRelationshipsGross
745000000
CY2016Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
142000000
CY2015Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
55000000
CY2016Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1651000000
CY2015Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
690000000
us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P14Y
CY2016Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
29000000
CY2015Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
14000000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
87000000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
44000000
dvn Amortization Expense Next Five Years
AmortizationExpenseNextFiveYears
118000000
CY2016Q3 us-gaap Interest Payable Current
InterestPayableCurrent
171000000
CY2015Q4 us-gaap Interest Payable Current
InterestPayableCurrent
149000000
CY2016Q3 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
76000000
CY2015Q4 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
13000000
CY2016Q3 us-gaap Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
420000000
CY2015Q4 us-gaap Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
488000000
CY2015Q4 us-gaap Commercial Paper
CommercialPaper
626000000
CY2016Q3 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
28000000
CY2015Q4 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
28000000
CY2016Q3 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
49000000
CY2015Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
57000000
CY2016Q3 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
11354000000
CY2015Q4 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
13032000000
us-gaap Repayments Of Commercial Paper
RepaymentsOfCommercialPaper
626000000
CY2016Q3 us-gaap Commercial Paper
CommercialPaper
0
CY2016Q3 us-gaap Extinguishment Of Debt Amount
ExtinguishmentOfDebtAmount
1200000000
CY2016Q3 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
125000000
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-84000000
CY2016Q3 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
18000000
CY2015Q3 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
17000000
us-gaap Interest Costs Capitalized
InterestCostsCapitalized
53000000
us-gaap Interest Costs Capitalized
InterestCostsCapitalized
46000000
CY2016Q3 us-gaap Accretion Expense
AccretionExpense
13000000
us-gaap Accretion Expense
AccretionExpense
39000000
CY2016Q3 us-gaap Interest Expense Other
InterestExpenseOther
9000000
CY2015Q3 us-gaap Interest Expense Other
InterestExpenseOther
8000000
us-gaap Interest Expense Other
InterestExpenseOther
24000000
us-gaap Interest Expense Other
InterestExpenseOther
16000000
CY2016Q3 us-gaap Interest And Debt Expense
InterestAndDebtExpense
245000000
CY2015Q3 us-gaap Interest And Debt Expense
InterestAndDebtExpense
138000000
us-gaap Interest And Debt Expense
InterestAndDebtExpense
575000000
CY2016Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
2000000
CY2015Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
2000000
us-gaap Investment Income Interest
InvestmentIncomeInterest
5000000
us-gaap Investment Income Interest
InvestmentIncomeInterest
5000000
CY2015Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
1414000000
CY2014Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
1399000000
us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
18000000
us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
46000000
us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
310000000
us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
48000000
us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
70000000
us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
62000000
us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
58000000
us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
56000000
us-gaap Asset Retirement Obligation Foreign Currency Translation Gain Loss
AssetRetirementObligationForeignCurrencyTranslationGainLoss
-26000000
us-gaap Asset Retirement Obligation Foreign Currency Translation Gain Loss
AssetRetirementObligationForeignCurrencyTranslationGainLoss
80000000
CY2016Q3 us-gaap Asset Retirement Obligation
AssetRetirementObligation
1276000000
CY2015Q3 us-gaap Asset Retirement Obligation
AssetRetirementObligation
1435000000
CY2016Q3 us-gaap Asset Retirement Obligation Current
AssetRetirementObligationCurrent
46000000
CY2015Q3 us-gaap Asset Retirement Obligation Current
AssetRetirementObligationCurrent
58000000
CY2015Q3 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
1377000000
CY2016Q1 us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
125000000
CY2016Q2 us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
33000000
CY2015Q1 us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
99000000
CY2015Q2 us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
98000000
CY2016Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.24
CY2016Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.06
CY2016Q3 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.06
CY2015Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.24
CY2015Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.24
CY2015Q3 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.24
CY2016Q3 us-gaap Oil And Gas Revenue
OilAndGasRevenue
2882000000
CY2016Q3 us-gaap Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
457000000
CY2015Q3 us-gaap Oil And Gas Revenue
OilAndGasRevenue
3601000000
CY2015Q3 us-gaap Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
1187000000
us-gaap Oil And Gas Revenue
OilAndGasRevenue
7496000000
us-gaap Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
3428000000
us-gaap Oil And Gas Revenue
OilAndGasRevenue
10259000000
CY2015Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
22775000000
CY2015Q3 us-gaap Assets
Assets
34272000000
us-gaap Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
4460000000

Files In Submission

Name View Source Status
0001564590-16-026889-index-headers.html Edgar Link pending
0001564590-16-026889-index.html Edgar Link pending
0001564590-16-026889.txt Edgar Link pending
0001564590-16-026889-xbrl.zip Edgar Link pending
dvn-10q_20160930.htm Edgar Link pending
dvn-20160930.xml Edgar Link completed
dvn-20160930.xsd Edgar Link pending
dvn-20160930_cal.xml Edgar Link unprocessable
dvn-20160930_def.xml Edgar Link unprocessable
dvn-20160930_lab.xml Edgar Link unprocessable
dvn-20160930_pre.xml Edgar Link unprocessable
dvn-ex311_6.htm Edgar Link pending
dvn-ex312_7.htm Edgar Link pending
dvn-ex321_8.htm Edgar Link pending
dvn-ex322_9.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R76.htm Edgar Link pending
R77.htm Edgar Link pending
R78.htm Edgar Link pending
R79.htm Edgar Link pending
R8.htm Edgar Link pending
R80.htm Edgar Link pending
R81.htm Edgar Link pending
R82.htm Edgar Link pending
R83.htm Edgar Link pending
R84.htm Edgar Link pending
R85.htm Edgar Link pending
R86.htm Edgar Link pending
R87.htm Edgar Link pending
R88.htm Edgar Link pending
R89.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending