XML 55 R38.htm IDEA: XBRL DOCUMENT v3.20.2
Debt And Related Expenses (Tables)
9 Months Ended
Sep. 30, 2020
Debt Disclosure [Abstract]  
Schedule Of Debt Instruments and Balances

        See below for a summary of debt instruments and balances. The notes and debentures are senior, unsecured obligations of Devon.

 

 

 

September 30, 2020

 

 

December 31, 2019

 

5.85% due December 15, 2025

 

$

485

 

 

$

485

 

7.50% due September 15, 2027

 

 

73

 

 

 

73

 

7.875% due September 30, 2031

 

 

675

 

 

 

675

 

7.95% due April 15, 2032

 

 

366

 

 

 

366

 

5.60% due July 15, 2041

 

 

1,250

 

 

 

1,250

 

4.75% due May 15, 2042

 

 

750

 

 

 

750

 

5.00% due June 15, 2045

 

 

750

 

 

 

750

 

Net discount on debentures and notes

 

 

(20

)

 

 

(20

)

Debt issuance costs

 

 

(32

)

 

 

(35

)

Total long-term debt

 

$

4,297

 

 

$

4,294

 

Schedule Of Net Financing Cost Components

The following schedule includes the components of net financing costs.

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Interest based on debt outstanding

 

$

65

 

 

$

65

 

 

$

195

 

 

$

195

 

Interest income

 

 

(5

)

 

 

(10

)

 

 

(12

)

 

 

(28

)

Other

 

 

6

 

 

 

5

 

 

 

17

 

 

 

19

 

Total net financing costs

 

$

66

 

 

$

60

 

 

$

200

 

 

$

186