Summary Of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2023

Accounting Policies [Abstract]

Schedule of Components of Investment

The following table presents Devon's investments that are shown on the consolidated balance sheet.

		Carrying Amount
Investments	% Interest	December 31, 2023		December 31, 2022
Catalyst	50%	$	311	$	339
Water JV	30%		216		—
Matterhorn	12.5%		90		54
Other	Various		49		47
Total		$	666	$	440

Schedule Of Additional Investment Information

Devon's investments provided certain gathering, processing and marketing services to Devon in the ordinary course of business. The impact from these services on Devon’s consolidated statement of comprehensive earnings and consolidated balance sheet for the years ended and as of December 31, 2023 and 2022, respectively, relate primarily to Catalyst and are summarized below.

	Year ended December 31,
	2023		2022		2021
Oil, gas and NGL sales	$	213	$	405	$	264
Production expenses	$	93	$	55	$	42
Accounts receivable	$	11	$	14	$	22

I

Schedule of Revenue from Contracts with Customers Disaggregated Based on Type of Good

The following table presents revenue from contracts with customers that are disaggregated based on the type of good.

	Year Ended December 31,
	2023		2022		2021
Oil	$	8,879	$	10,281	$	6,996
Gas		703		1,948		1,104
NGL		1,209		1,853		1,431
Oil, gas and NGL sales		10,791		14,082		9,531
Oil		3,018		3,305		2,451
Gas		572		1,163		718
NGL		759		1,277		1,050
Marketing and midstream revenues		4,349		5,745		4,219
Total revenues from contracts with customers	$	15,140	$	19,827	$	13,750