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Share-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2019
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Schedule Of Share-Based Compensation Expense Included In The Consolidated Statements Of Comprehensive Earnings

 

 

Year Ended December 31,

 

 

 

2019

 

 

2018

 

 

2017

 

G&A

 

$

83

 

 

$

104

 

 

$

121

 

Exploration expenses

 

 

1

 

 

 

2

 

 

 

5

 

Restructuring and transaction costs

 

 

31

 

 

 

31

 

 

 

 

Total

 

$

115

 

 

$

137

 

 

$

126

 

Related income tax benefit

 

$

13

 

 

$

17

 

 

$

 

Summary Of Unvested Restricted Stock Awards and Units, Performance-Based Restricted Stock Awards And Performance Share Units

 

 

Restricted Stock

 

 

Performance-Based

 

 

Performance

 

 

 

Awards and Units

 

 

Restricted Stock Awards

 

 

Share Units

 

 

 

Awards and

Units

 

 

Weighted

Average

Grant-Date

Fair Value

 

 

Awards

 

 

Weighted

Average

Grant-Date

Fair Value

 

 

Units

 

 

 

 

 

Weighted

Average

Grant-Date

Fair Value

 

 

 

(Thousands, except fair value data)

 

Unvested at 12/31/18

 

 

5,963

 

 

$

35.47

 

 

 

302

 

 

$

35.93

 

 

 

2,868

 

 

 

 

 

$

30.14

 

Granted

 

 

4,430

 

 

$

25.47

 

 

 

 

 

$

 

 

 

741

 

 

 

 

 

$

28.97

 

Vested

 

 

(4,646

)

 

$

33.48

 

 

 

(149

)

 

$

38.03

 

 

 

(145

)

 

 

 

 

$

37.23

 

Forfeited

 

 

(763

)

 

$

27.50

 

 

 

 

 

$

 

 

 

(1,309

)

 

 

 

 

$

11.91

 

Unvested at 12/31/19

 

 

4,984

 

 

$

29.65

 

 

 

153

 

 

$

33.88

 

 

 

2,155

 

 

(1

)

 

$

40.35

 

 

(1)

A maximum of 4.3 million common shares could be awarded based upon Devon’s final TSR ranking.

Schedule Of Share Based Compensation Arrangement By Share Based Payment Award Aggregate Fair Value Of Awards And Units Table Text Block

 

 

 

2019

 

 

2018

 

 

2017

 

Restricted Stock Awards and Units

 

$

127

 

 

$

111

 

 

$

105

 

Performance-Based Restricted Stock Awards

 

$

4

 

 

$

10

 

 

$

10

 

Performance Share Units

 

$

4

 

 

$

20

 

 

$

38

 

Summary of Unrecognized Compensation Cost And Weighted Average Period For Recognition

 

 

 

 

 

 

 

Performance-Based

 

 

 

 

 

 

 

Restricted Stock

 

 

Restricted Stock

 

 

Performance

 

 

 

Awards and Units

 

 

Awards

 

 

Share Units

 

Unrecognized compensation cost

 

$

80

 

 

$

 

 

$

12

 

Weighted average period for recognition (years)

 

 

2.5

 

 

 

1.4

 

 

 

1.5

 

Summary Of Performance Share Units Grant-Date Fair Values And Their Related Assumptions

 

 

2019

 

 

2018

 

 

2017

 

Grant-date fair value

 

$

28.43

 

 

 

$

29.53

 

 

$

36.23

 

 

 

$

37.88

 

 

$

51.05

 

 

 

$

53.12

 

Risk-free interest rate

 

2.48%

 

 

2.28%

 

 

1.50%

 

Volatility factor

 

39.1%

 

 

45.8%

 

 

45.8%

 

Contractual term (years)

 

2.89

 

 

2.89

 

 

2.89