Devon Energy Corporation
(NYSE:DVN)

Devon Energy Corporation, an independent energy company, primarily engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States. It operates approximately 3,942 gross wells. Devon Energy Corporation was founded in 1971 and is headquartered...

Website: http://www.devonenergy.com

Founded: 1971

Full Time Employees: 1,800

Sector: Energy

Industry: Oil & Gas E&P

Energy

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Unit: USD	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	2005-09-30	2005-06-30	2005-03-31	2004-12-31	2004-09-30	2004-06-30	2004-03-31	2003-12-31	2003-09-30	2003-06-30	2003-03-31

oil, gas and ngl sales	2,809	2,710	3,126,000,000	11,175,991,910	2,665	2,796	2,629	10,790,991,946	2,882	2,493	2,679	14,081,989,057	3,668	4,100	3,175	9,530,993,454	2,635	2,154	1,788	2,694,998,091	678	424										940,000,000	1,245,000,000	1,206,000,000	1,309,000,000	3,069,000,000	1,113,000,000	1,085,000,000	825,000,000	1,118,000,000	1,338,000,000	1,587,000,000	1,339,000,000	2,086,000,000	2,588,000,000	2,679,000,000	2,557,000,000	2,341,000,000	2,222,000,000	1,804,000,000	1,883,000,000	1,738,000,000	1,617,000,000	1,915,000,000	2,144,000,000	2,111,000,000	2,200,000,000	1,860,000,000	1,727,000,000	1,683,000,000	1,782,000,000	2,070,000,000
oil, gas and ngl derivatives	80	236	-98,000,000	20,999,895	227	23	-145	118,000,206	-194	-76	64	-657,999,395	248	-170	-683	-1,543,998,434	-335	-703	-528	154,999,728	-87	-361										53,500,000	-144,000,000	126,000,000	232,000,000	-280,000,000	79,000,000	-142,000,000	33,000,000	77,000,000	414,000,000	-282,000,000	294,000,000	1,960,000,000	748,000,000	-399,000,000	-320,000,000	-141,000,000	366,000,000	-320,000,000	178,000,000	-295,000,000	665,000,000	145,000,000	-105,000,000	738,000,000	416,000,000	-168,000,000	-63,000,000	209,000,000
marketing and midstream revenues	1,442	1,338	1,424,000,000	4,742,996,658	1,132	1,098	1,112	4,348,996,735	1,148	1,037	1,080	5,744,995,468	1,516	1,696	1,320	4,218,997,047	1,166	966	502	1,977,998,633	476	331	560								2,491	-5,991,991,358	2,055,000,000	1,927,000,000	2,010,000,000	4,633,000,000	1,690,000,000	1,545,000,000	1,268,000,000	1,691,000,000	1,849,000,000	2,088,000,000	1,632,000,000	1,949,000,000	2,000,000,000	2,230,000,000	1,488,000,000	520,000,000	503,000,000	488,000,000	520,000,000	422,000,000	277,000,000	437,000,000	546,000,000	653,000,000	604,000,000	455,000,000	471,000,000	461,000,000	405,000,000	530,000,000	460,000,000	344,000,000	359,000,000	371,000,000	397,000,000	621,000,000	719,000,000	555,000,000	463,000,000	434,000,000	460,000,000	379,000,000	416,000,000	417,000,000	397,000,000	462,000,000	302,500,000	405,000,000	389,000,000	416,000,000	300,500,000	408,000,000	377,000,000	417,000,000
total revenues	4,331	4,284	4,452,000,000	15,939,988,463	4,024	3,917	3,596	15,257,988,887	3,836	3,454	3,823	19,168,985,130	5,432	5,626	3,812	12,205,992,067	3,466	2,417	1,762	4,827,996,452	1,067	394	2,087	6,219,995,004	1,847	1,921	1,501	3,708	2,579	2,249	3,810																	2,720,000,000	3,091,000,000	1,972,000,000	2,581,000,000	1,865,000,000		2,497,000,000	2,585,000,000	3,502,000,000	3,220,000,000	2,147,000,000	2,135,000,000	2,353,000,000	2,232,000,000	3,220,000,000	1,799,000,000	2,098,000,000	2,090,000,000	2,028,000,000	2,710,000,000	5,978,000,000	3,548,000,000	2,975,000,000	3,197,000,000	2,763,000,000	2,929,000,000	2,473,000,000	2,522,000,000	2,722,000,000	2,617,000,000	2,717,000,000	1,880,750,000	2,704,000,000	2,468,000,000	2,351,000,000	1,681,000,000	2,267,000,000	2,219,000,000	2,238,000,000
yoy	7.63%	9.37%	123804126.92%	4.47%	4.90%	13.40%	-5.94%	-20.40%	-29.38%	-38.61%	0.29%	57.05%	56.72%	132.77%	116.35%	152.82%	224.84%	513.45%	-15.57%	-22.38%	-42.23%	-79.49%	39.04%	167745180.58%	-28.38%	-14.58%	-60.60%																					45.84%		-21.03%	-0.15%	-46.74%		16.30%	21.08%	48.83%	44.27%	-33.32%	18.68%	12.15%	6.79%	58.78%	-33.62%	-64.90%	-41.09%	-31.83%	-15.23%	116.36%	21.13%	20.30%	26.76%	1.51%	11.92%	-8.98%	34.10%	0.67%	6.04%	15.57%	11.88%	19.28%	11.22%	5.05%
qoq	1.10%	-100.00%	-72.07%	396122873.73%	2.73%	8.93%	-100.00%	397757691.63%	11.06%	-9.65%	-100.00%	352889906.08%	-3.45%	47.59%	-100.00%	352163548.79%	43.40%	37.17%	-100.00%	452483166.35%	170.81%	-81.12%	-100.00%	336761946.78%	-3.85%	27.98%	-59.52%	43.78%	14.67%	-40.97%																		-12.00%	56.74%	-23.60%	38.39%			-3.40%	-26.19%	8.76%	49.98%	0.56%	-9.26%	5.42%	-30.68%	78.99%	-14.25%	0.38%	3.06%	-25.17%	-54.67%	68.49%	19.26%	-6.94%	15.71%	-5.67%	18.44%	-1.94%	-7.35%	4.01%	-3.68%	44.46%	-30.45%	9.56%	4.98%	39.86%	-25.85%	2.16%	-0.85%
production expenses	895	899	912,000,000	3,182,997,698	763	788	751	2,927,997,831	757	719	693	2,796,997,918	735	729	618	2,130,998,474	555	513	489	1,122,999,148	271	263	318	1,196,998,896	368	371	506	556	554	572	543
exploration expenses	8	20	10,000,000	27,999,984	4	3	9	19,999,984	3	10	3	28,999,984	4	10	2	13,999,991	3	3	3	166,999,837	39	12	112	57,999,971	18	7	13	44	32	68	33
marketing and midstream expenses	1,453	1,357	1,436,000,000	4,791,996,610	1,149	1,108	1,133	4,408,996,684	1,160	1,051	1,105	5,779,995,451	1,525	1,700	1,324	4,237,997,028	1,165	965	523	2,012,998,605	478	339	578								2,214
depreciation, depletion and amortization	879	914	912,000,000	3,254,997,716	794	768	722	2,553,998,096	651	638	615	2,222,998,402	581	528	489	2,157,998,419	578	536	467	1,299,999,001	299	299	401	1,496,998,824	402	394	459	423	416	420	537	-1,161,997,926	400,000,000	381,000,000	381,000,000	1,398,000,000	394,000,000	484,000,000	542,000,000	641,000,000	744,000,000	814,000,000	930,000,000	910,000,000	842,000,000	828,000,000	739,000,000	691,000,000	674,000,000	704,000,000	731,000,000	716,000,000	684,000,000	680,000,000
asset impairments			254,000,000																	2,692,997,334			2,666						2	154		-8,999,983	2,000,000		7,000,000	4,656,000,000	319,000,000	1,497,000,000	3,035,000,000	5,341,000,000	5,851,000,000	4,168,000,000	5,460,000,000					7,000,000	40,000,000	1,913,000,000	896,000,000	1,128,000,000
asset dispositions	-37	-307	2,000,000	10,999,984		15	1	-29,999,959		-41		-43,999,985		-14	-1	-167,999,881		-87	-32					-47,999,953	-2	-1	-44	-268	-6	23	-12
general and administrative expenses	114	113	130,000,000	499,999,655	117	114	114	407,999,703	99	92	106	394,999,727	95	84	94	390,999,704	95	94	107	337,999,744	75	79	102	474,999,644	107	114	153	151	147	153	226	-497,999,128	153,000,000	164,000,000	181,000,000	504,000,000	141,000,000	147,000,000	194,000,000	194,000,000	198,000,000	212,000,000	251,000,000	252,000,000	195,000,000	189,000,000	211,000,000	143,000,000	167,000,000	150,000,000	198,000,000	150,000,000	176,000,000	168,000,000	182,000,000	138,000,000	135,000,000	130,000,000	164,000,000	131,000,000	130,000,000	138,000,000	163,000,000	137,000,000	182,000,000	166,000,000	179,000,000	146,000,000	180,000,000	148,000,000	155,000,000	126,000,000	113,000,000	119,000,000	113,000,000	104,000,000	90,000,000	90,000,000	85,000,000	70,000,000	78,000,000	58,000,000	71,000,000	59,000,000	70,000,000	77,000,000	86,000,000	79,000,000	93,000,000	49,000,000
financing costs	109	116	123,000,000	362,999,760	88	76	76	307,999,769	81	78	72	308,999,764	67	84	85	328,999,757	86	80	77	269,999,800	66	69	65	249,999,814	60	66	73	70	75	62	431
other	-2	11	27,000,000	95,999,936	37	5	22	37,999,972	13	10	5	-94,999,909	-40	10	-61	-42,999,959	2	-14	-29													-0.5		-2														34,000,000	31,000,000	18,000,000	32,000,000	-8,000,000	44,000,000	10,000,000	4,000,000	-2,000,000	-11,000,000	-16,000,000	-11,000,000	-8,000,000	-22,000,000
total expenses	3,419	3,123	3,806,000,000	12,227,991,335	2,960	2,877	2,828	10,634,992,080	2,764	2,557	2,599	11,393,991,352	2,967	3,131	2,550	9,307,993,303	2,502	2,113	1,794	7,917,993,472	1,260	1,074	4,194	6,328,994,979	1,653	1,684	1,928	2,224	2,417	2,730	3,991
earnings before income taxes	912	1,161	646,000,000	3,711,997,128	1,064	1,040	768	4,622,996,807	1,072	897	1,224	1,555.5	2,465	2,495	1,262																-181	-1,327,999,104	272,000,000	458,000,000	598,000,000	-5,055,000,000	1,178,000,000			-5,542,000,000	-5,623,000,000	-4,479,000,000	-5,624,000,000	942,000,000	1,654,000,000	1,554,000,000	560,000,000
income tax expense	219	244	137,000,000	769,999,417	239	185	159	840,999,428	152	199	221									-127.5	-90																																														-19,000,000	-16,000,000	144,000,000	91,000,000	42,000,000	86,000,000	48,000,000	60,000,000
net earnings	693	917	509,000,000	2,941,997,711	825	855	609	3,781,997,379	920	698	1,003	6,036,995,167	1,900	1,938	995	2,832,998,679	844	261	216	-2,670,997,427	-90	-668		-353,000,287	109	495		1,149	2,563	-335	-153	-1,276,998,922	247,000,000	451,000,000	579,000,000	-4,711,000,000	1,007,000,000			-4,912,000,000	-3,909,000,000	-2,793,000,000	-3,589,000,000	-379,000,000	1,041,000,000	700,000,000	329,000,000	429,000,000	683,000,000	-1,339,000,000	-357,000,000	-719,000,000	477,000,000	393,000,000	507,000,000	1,038,000,000	2,743,000,000	416,000,000	562,000,000	2,090,000,000	706,000,000	1,192,000,000	667,000,000	499,000,000	314,000,000	-3,959,000,000	-6,816,000,000	2,618,000,000	1,301,000,000	749,000,000	1,316,000,000	735,000,000	904,000,000	651,000,000	582,000,000	705,000,000	859,000,000	700,000,000	970,000,000	744,000,000	653,000,000	563,000,000	673,000,000	517,000,000	502,000,000	494,000,000	543,000,000	412,000,000	356,000,000	436,000,000
yoy	-16.00%	7.25%	83579538.75%	-22.21%	-10.33%	22.49%	-39.28%	-37.35%	-51.58%	-63.98%	0.80%	113.10%	125.12%	642.53%	360.65%	-206.07%	-1037.78%	-139.07%		656.66%	-182.57%	-234.95%		-30722492.25%	-95.75%	-247.76%		-100.00%	-100.00%	-100.00%	-100.00%	-72.89%	-75.47%			-4.09%	-125.76%			1196.04%	-475.50%	-499.00%	-1190.88%	-188.34%	52.42%	-152.28%	-192.16%	-159.67%	43.19%	-440.71%	-170.41%	-169.27%	-82.61%	-5.53%	-9.79%	-50.33%	288.53%	-65.10%	-15.74%	318.84%	124.84%	-130.11%	-109.79%	-80.94%	-75.86%	-628.57%	-617.93%	256.19%	43.92%	15.05%	126.12%	4.26%	5.24%	-7.00%	-40.00%	-5.24%	31.55%	24.33%	44.13%	43.91%	30.08%	13.97%	23.94%	25.49%	41.01%	13.30%
qoq	-24.43%	-100.00%	-82.70%	356605683.15%	-3.51%	40.39%	-100.00%	411086571.63%	31.81%	-30.41%	-100.00%	317736487.74%	-1.96%	94.77%	-100.00%	335663250.59%	223.37%	20.83%	-100.00%	2967774818.89%	-86.53%			-323853574.31%	-77.98%			-55.17%	-865.07%	118.95%	-100.00%	-617.00%	-45.23%	-22.11%	-112.29%	-567.83%				25.66%	39.96%	-22.18%	846.97%	-136.41%	48.71%	112.77%	-23.31%	-37.19%	-151.01%	275.07%	-50.35%	-250.73%	21.37%	-22.49%	-51.16%	-62.16%	559.38%	-25.98%	-73.11%	196.03%	-40.77%	78.71%	33.67%	58.92%	-107.93%	-41.92%	-360.35%	101.23%	73.70%	-43.09%	79.05%	-18.69%	38.86%	11.86%	-17.45%	-17.93%	22.71%	-27.84%	30.38%	13.94%	15.99%	-16.34%	30.17%	2.99%	1.62%	-9.02%	31.80%	15.73%	-18.35%
net income margin %	16.00%	21.41%	11.43%	18.46%	20.50%	21.83%	16.94%	24.79%	23.98%	20.21%	26.24%	31.49%	34.98%	34.45%	26.10%	23.21%	24.35%	10.80%	12.26%	-55.32%	-8.43%	-169.54%	0%	-5.68%	5.90%	25.77%	0%	30.99%	99.38%	-14.90%	-4.02%	-Infinity%	Infinity%	Infinity%	Infinity%	-Infinity%	Infinity%	NaN%	NaN%	-Infinity%	-Infinity%	-Infinity%	-Infinity%	-Infinity%	Infinity%	Infinity%	Infinity%	15.77%	22.10%	-67.90%	-13.83%	-38.55%	Infinity%	15.74%	19.61%	29.64%	85.19%	19.38%	26.32%	88.82%	31.63%	37.02%	37.08%	23.78%	15.02%	-195.22%	-251.51%	43.79%	36.67%	25.18%	41.16%	26.60%	30.86%	26.32%	23.08%	25.90%	32.82%	25.76%	51.58%	27.51%	26.46%	23.95%	40.04%	22.81%	22.62%	22.07%	Infinity%	Infinity%	Infinity%	Infinity%
net earnings attributable to noncontrolling interests	6	18	15,000,000	50,999,963	13	11	13	34,999,974	10	8	8	21,999,981	7	6	6	19,999,986	6	5	3	8,999,995	2	2	1						26	90	44	-58,999,820	19,000,000	26,000,000	14,000,000	-416,000,000	14,000,000	7,000,000	-412,000,000	-380,000,000	-402,000,000	23,000,000	10,000,000	29,000,000	25,000,000	25,000,000	5,000,000
net earnings attributable to devon	687	899	494,000,000	2,890,997,748	812	844	596	3,746,997,405	910	690	995	6,014,995,186	1,893	1,932	989	2,812,998,693	838	256	213	-2,679,997,422	-92	-670		-355,000,287	109	495		1,149	2,537	-425	-197	-1,217,999,102	228,000,000	425,000,000	565,000,000	-4,295,000,000	993,000,000			-4,532,000,000	-3,507,000,000	-2,816,000,000	-3,599,000,000	-408,000,000	1,016,000,000	675,000,000	324,000,000
net earnings per share:
basic net earnings per share	1.09	1.42	0.77	0.98	1.31	1.35	0.95	1.81	1.43	1.08	1.53					2.25	1.24	0.38	0.33	-0.27	-0.25	-1.78		-1.58	0.27	1.2		2.4	5.17	-0.83																		1.06	1.69	-3.34	-0.89	-1.8	1.18	0.97	1.32	2.51	6.5	0.97	1.33	4.81	1.59	2.67	1.51	1.13
diluted net earnings per share	1.09	1.41	0.77	0.97	1.3	1.34	0.94	1.81	1.42	1.07	1.53					2.24	1.24	0.38	0.32	-0.27	-0.25	-1.78		-1.58	0.27	1.19		2.39	5.14	-0.83																		1.05	1.68	-3.34	-0.89	-1.8	1.18	0.97	1.32	2.5	6.48	0.97	1.32	4.79	1.58	2.66	1.51	1.12
comprehensive earnings:	694	918	510	652	826	856	610	1,150	921	699	1,004	1,217	1,901	1,939	996	1,480	845	264	239	-109	-89			-643	110
other comprehensive earnings, net of tax:
pension and postretirement plans	1	1	1	-1	1	1	1	-11	1	1	1	13	1	1	1	-32	1	3	23	-11	1	1	1	-3	1	13	2	1	36	3	4	15	5	4	5	11	11	5	4	-2	5	3	4	-34	2	5	3	3	5	4	-10	3	5	4
other comprehensive earnings, net of tax	1	1	1	-1	1	1	1	-11	1	1	1	13	1	1	1	6.75	1	3	23	0.75	1	1	1	-3	1		37	-104	71	-31	-44	99	6	4	3	41	13	8	27	-114.5	-207	47		-214	-277	297		176		-179	-108	314	-166	156
comprehensive earnings attributable to noncontrolling interests	6	18	15	14	13	11	13	9	10	8	8	3	7	6	6	6	6	5	3	4	2	2	1						26	90	44	121	19	26	14	-416	14	7	-412	-380	-402	23	10	29	25	25
comprehensive earnings attributable to devon	688	900	495	638	813	845	597	1,141	911	691	996	1,214	1,894	1,933	990	1,474	839	259	236	-113	-91			-645	110			1,045	2,608	-456	-241	-221	234	429	568	-4,254	1,006			-4,623	-3,714	-2,769	-3,897	-622	739	972
restructuring and transaction costs				2	8											257,999,770	18	23	189	48,999,968	32			83,999,927	10	12	54	9	11	94						272,000,000	-5,000,000	24,000,000	247,000,000
income tax benefit												1,737,998,611	565	557	267	65,000,085	120	43	-248			-3	-417	-30,000,016	55	71	-110	-44.75	-138	-7	-28	-51,000,182	25,000,000	7,000,000	19,000,000	-344,000,000	171,000,000	-182,000,000	-217,000,000	-630,000,000	-1,714,000,000	-1,686,000,000	-2,035,000,000	670,000,000	613,000,000	854,000,000	231,000,000
basic net earnings per share:												1.825	2.89	2.94	1.48
diluted net earnings per share:												1.82	2.88	2.93	1.48
earnings from continuing operations before income taxes																2,897,998,764	964	304		-3,089,997,020	-193	-680		-108,999,975	194	237		1,484	162	-481																		639,000,000	997,000,000	-1,962,000,000	-501,000,000	-1,161,000,000	734,000,000	611,000,000	794,000,000	1,538,000,000	1,378,000,000	580,000,000	668,000,000	699,000,000	613,000,000	1,588,000,000	684,000,000	592,000,000	425,000,000	-6,227,000,000
net earnings from continuing operations																2,832,998,679	844	261	216	-2,542,997,530	-103	-677		-78,999,959	139	166		1,149	300	-474
net earnings from discontinued operations, net of income taxes																				-127,999,897	13	9	-125	-274,000,328	-30
basic earnings from continuing operations per share																2.25	1.24	0.38	0.33	-0.2	-0.29	-1.8		-0.11	0.35	0.4		2.29	0.61	-0.92																		1.06	1.69	-3.34	-0.89	-1.8	1.18	1.03	1.29	2.51	0.44	0.91	1.11	0.99	0.79	2.4	0.92	1.13
basic earnings from discontinued operations per share																				-0.07	0.04	0.02	-0.34	-1.47	-0.08	0.8		0.11	4.56	0.09																								-0.06	0.03		6.06	0.06	0.22	3.82	0.8	0.27	0.59
diluted earnings from continuing operations per share																2.24	1.24	0.38	0.32	-0.2	-0.29	-1.8		-0.11	0.35	0.4		2.28	0.61	-0.92																		1.05	1.68	-3.34	-0.89	-1.8	1.18	1.03	1.28	2.5	0.43	0.91	1.11	0.98	0.79	2.39	0.92	1.12
diluted earnings from discontinued operations per share																				-0.07	0.04	0.02	-0.34	-1.47	-0.08	0.79		0.11	4.53	0.09																								-0.06	0.04		6.05	0.06	0.21	3.81	0.79	0.27	0.59
income from continuing operations before income taxes																			-32				-2,107				-427
net income from discontinued operations, net of income taxes
basic income from discontinued operations per share
diluted income from discontinued operations per share
other expenses																				-8.75
foreign currency translation, discontinued operations																										43
release of canadian cumulative translation adjustment, discontinued operations																										-1,237
other incomes																						13	-48	4,000,003	6	8	-45	126	-31	24	19
comprehensive loss																						-667				-686	-280											-1,555	-3,441
comprehensive loss attributable to devon																						-669	-1,815			-686	-280											-1,562	-3,029
upstream revenues																							1,527	3,354,997,199	1,147	1,191	710	2,565	1,332	1,069	1,319
net income from continuing operations																							-1,690				-317
net income																							-1,815				-317											-1,563,000,000	-3,468,000,000
net income attributable to devon																							-1,816				-317											-1,570,000,000	-3,056,000,000
basic income from continuing operations per share																							-4.48				-0.74
basic net income per share																							-4.82				-0.74
diluted income from continuing operations per share																							-4.48				-0.74
diluted net income per share																							-4.82				-0.74
comprehensive loss:																							-1,814
marketing revenues																								548.75	700	730	791	1,143	1,247	1,180
marketing expenses																								536.75	684	713	759	1,113	1,217	1,160
net earnings from discontinued operations, net of income tax expense																										329			2,263	139
other comprehensive loss, net of tax																										-1,181																	-298				-295		-266
basic net income per share:
diluted net income per share:
foreign currency translation																											35	-105	35	-34		0.25	1	2	-2	30	2	3	23	-89	-212	44	-302	-180	-279	292	-298	173	-271	-183	-98	311	-171	152
comprehensive earnings																												1,045	2,634	-366	-197	-100	253	455	582	-4,670	1,020			-5,003	-4,116	-2,746	-3,887	-593	764	997	34	605	417	-1,518	-465	-405	311	549
net earnings per share attributable to devon:
basic																															-0.38	-0.61	0.43	0.81	1.08	-8.42	1.9			-11.1	-8.64	-6.94	-8.88	1.235	2.48	1.65	0.8																												1,277,500	1,590,000	1,940,000	1,580,000	1,055,000	1,660,000	1,400,000	1,170,000
diluted																															-0.38	-0.61	0.43	0.8	1.07	-8.41	1.89			-11.1	-8.64	-6.94	-8.88	1.228	2.47	1.64	0.79																												1,262,500	1,570,000	1,920,000	1,560,000	1,037,500	1,630,000	1,380,000	1,140,000
foreign currency translation and other																															-48
asset dispositions and other																																2,500,000		14,000,000	-4,000,000
total revenues and other																																2,494,000,000	3,156,000,000	3,273,000,000	3,547,000,000	7,964,000,000	4,233,000,000
lease operating expenses																																294,000,000	391,000,000	399,000,000	386,000,000	1,227,000,000	355,000,000	416,000,000	444,000,000	479,000,000	510,000,000	562,000,000	553,000,000	568,000,000	584,000,000	582,000,000	598,000,000	600,000,000	559,000,000	525,000,000	534,000,000	513,000,000	513,000,000	514,000,000	499,000,000	475,000,000	453,000,000	424,000,000	418,000,000	415,000,000	442,000,000	414,000,000	131,000,000	505,000,000	510,000,000	524,000,000	583,000,000	591,000,000	537,000,000	506,000,000	502,000,000	457,000,000	439,000,000	430,000,000	395,000,000	382,000,000	362,000,000	349,000,000	340,000,000	319,000,000	338,000,000	348,000,000	507,000,000	264,000,000	252,000,000	257,000,000	245,000,000	238,000,000	223,000,000	165,000,000
marketing and midstream operating expenses																																1,329,750,000	1,813,000,000	1,703,000,000	1,803,000,000	4,012,000,000	1,480,000,000	1,338,000,000	1,066,000,000	1,481,000,000	1,637,000,000	1,863,000,000	1,439,000,000	1,723,000,000	1,781,000,000	2,006,000,000	1,305,000,000
production and property taxes																																56,750,000	71,000,000	71,000,000	85,000,000	208,000,000	67,000,000	75,000,000	78,000,000	73,000,000	91,000,000	116,000,000	108,000,000	108,000,000	140,000,000	150,000,000	137,000,000
other operating items																																2,750,000		13,000,000	-2,000,000	47,000,000	17,000,000	4,000,000	20,000,000	26,000,000	11,000,000	22,000,000	19,000,000	19,000,000	18,000,000	33,000,000	8,000,000
total operating expenses																																2,100,500,000	2,830,000,000	2,731,000,000	2,841,000,000	12,324,000,000	2,768,000,000	3,985,000,000	5,626,000,000	8,311,000,000	9,045,000,000	7,756,000,000	8,760,000,000	5,535,000,000	3,562,000,000	2,736,000,000	3,035,000,000
operating income																																393,500,000	326,000,000	542,000,000	706,000,000	-4,360,000,000	1,465,000,000	-1,497,000,000	-3,500,000,000	-5,425,000,000	-5,444,000,000	-4,363,000,000	-5,495,000,000	460,000,000	1,774,000,000	1,774,000,000	690,000,000
yoy																																-109.03%	-77.75%	-136.21%	-120.17%	-19.63%	-126.91%	-65.69%	-36.31%	-1279.35%	-406.88%	-345.94%	-896.38%
qoq																																20.71%	-39.85%	-23.23%	-116.19%	-397.61%	-197.86%	-57.23%	-35.48%	-0.35%	24.78%	-20.60%	-1294.57%	-74.07%	0.00%	157.10%
operating margin %	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	Infinity%	Infinity%	Infinity%	Infinity%	-Infinity%	Infinity%	-Infinity%	-Infinity%	-Infinity%	-Infinity%	-Infinity%	-Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	0%	0%	0%	0%	0%	NaN%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	NaN%	NaN%	NaN%	NaN%
net financing costs																																92,500,000	127,000,000	116,000,000	127,000,000	661,000,000	243,000,000	163,000,000	164,000,000	139,000,000	136,000,000	125,000,000	117,000,000	167,000,000	116,000,000	131,000,000	112,000,000
other nonoperating items																																-31,000,000	-73,000,000	-32,000,000	-19,000,000	34,000,000	44,000,000	85,000,000	21,000,000	-22,000,000	43,000,000	-9,000,000	12,000,000	2,000,000	4,000,000	89,000,000	18,000,000
gains on asset sales																																				337,750,000	1,351,000,000
total operating revenues																																						2,488,000,000	2,126,000,000	2,886,000,000	3,601,000,000	3,393,000,000	3,265,000,000	5,995,000,000	5,336,000,000	4,510,000,000	3,725,000,000
income before income taxes																																						-1,745,000,000	-3,685,000,000
net income per share
basic																																						-3.04	-6.44
diluted																																						-3.04	-6.44
restructuring costs																																												2,000,000	2,000,000	5,000,000	37,000,000	4,000,000	8,000,000	38,000,000						-3,000,000	6,000,000	-5,000,000	2,000,000	63,000,000	-8,000,000
gains and losses on asset sales																																								500,000	3,000,000	-1,000,000				-1,057,000,000
other comprehensive loss, net of tax:
revenues:
expenses and other, net:
marketing and midstream operating costs and expenses																																																383,000,000	382,000,000	363,000,000	399,000,000	313,000,000	209,000,000	325,000,000	412,000,000	515,000,000	456,000,000	333,000,000	344,000,000	336,000,000	280,000,000	397,000,000	315,000,000	244,000,000	234,000,000	229,000,000	275,000,000	452,000,000	515,000,000	382,000,000	315,000,000	301,000,000	341,000,000	270,000,000	314,000,000	303,000,000	288,000,000	339,000,000	230,250,000	294,000,000	296,000,000	331,000,000	237,250,000	319,000,000	299,000,000	332,000,000
taxes other than income taxes																																																115,000,000	125,000,000	113,000,000	108,000,000	104,000,000	100,000,000	102,000,000	88,000,000	108,000,000	120,000,000	108,000,000	92,000,000	95,000,000	92,000,000	101,000,000
interest expense																																																104,000,000	108,000,000	110,000,000	110,000,000	110,000,000	99,000,000	87,000,000	82,000,000	104,000,000	85,000,000	81,000,000	83,000,000	83,000,000	111,000,000	86,000,000	86,000,000	90,000,000	90,000,000	83,000,000	68,000,000	69,000,000	90,000,000	102,000,000	105,000,000	108,000,000	107,000,000	110,000,000	106,000,000	112,000,000	102,000,000	101,000,000	105,000,000	164,000,000	146,000,000	118,000,000	-114,000,000	-109,000,000	-134,000,000	-118,000,000	-122,000,000	-120,000,000	-130,000,000	-130,000,000
total expenses and other																																																2,081,000,000	2,094,000,000	3,934,000,000	3,082,000,000	3,026,000,000	1,825,000,000	1,886,000,000	1,791,000,000	1,964,000,000	1,842,000,000	1,567,000,000	1,467,000,000	1,654,000,000	1,619,000,000
current income tax benefit																																																-50,000,000
deferred income tax benefit																																																260,000,000	182,000,000
earnings from continuing operations																																																429,000,000	683,000,000	-1,339,000,000	-357,000,000	-719,000,000	477,000,000	414,000,000	521,000,000	1,040,000,000	184,000,000	389,000,000	478,000,000	429,000,000	352,000,000	1,074,000,000	409,000,000	499,000,000	297,000,000	-3,958,000,000	-6,833,000,000	2,509,000,000	594,000,000	651,000,000	1,104,000,000	644,000,000	824,000,000	574,000,000												2.06	1.473	1.76	1.67	2.66
income from discontinued operations, net of tax
current income tax expense																																																	132,000,000		44,000,000	-41,000,000	31,000,000	18,000,000
deferred income tax expense																																																		-623,000,000	-188,000,000	-401,000,000	226,000,000	179,000,000
loss from discontinued operations, net of tax
basic loss from discontinued operations per share
diluted loss from discontinued operations per share
earnings from discontinued operations, net of tax																																																						-21,000,000
total revenue																																																					2,559,000,000
other comprehensive income, net of tax:
depreciation, depletion and amortization of oil and gas properties																																																							357,750,000	504,000,000	485,000,000	442,000,000	426,000,000	397,000,000	426,000,000	426,000,000	259,000,000	480,000,000	494,000,000	599,000,000	973,000,000	781,000,000	762,000,000	737,000,000	718,000,000	705,000,000	645,000,000	587,000,000	599,000,000	604,000,000	556,000,000	507,000,000	503,000,000	493,000,000	494,000,000	541,000,000
depreciation and amortization of non-oil and gas properties																																																							47,750,000	62,000,000	65,000,000	64,000,000	63,000,000	66,000,000	63,000,000	63,000,000	67,000,000	65,000,000	74,000,000	70,000,000	70,000,000	67,000,000	62,000,000	57,000,000	57,000,000	51,000,000	49,000,000	46,000,000	47,000,000	44,000,000	43,000,000	42,000,000	41,000,000	40,000,000	41,000,000	38,000,000
accretion of asset retirement obligations																																																							17,250,000	23,000,000	23,000,000	23,000,000	21,000,000	21,000,000	24,000,000	26,000,000	18,000,000	25,000,000	24,000,000	24,000,000
interest-rate and other financial instruments																																																							8,250,000	40,000,000	25,000,000	-17,000,000	-135,000,000	55,000,000
income tax benefit:
current																																																							-75,250,000	-248,000,000	36,000,000	-89,000,000	-180,000,000	-310,000,000	707,000,000	299,000,000	86,000,000	102,000,000	51,000,000	2,000,000	-124,000,000	226,000,000	414,000,000	103,000,000	41,000,000	96,000,000	174,000,000	189,000,000	86,000,000	231,000,000	198,000,000	304,000,000	406,000,000	203,000,000	277,000,000	352,000,000	184,000,000	168,000,000	198,000,000	203,000,000	28,000,000	41,000,000	89,000,000	35,000,000
deferred																																																							546,000,000	746,000,000	1,158,000,000	280,000,000	370,000,000	580,000,000	-446,000,000	215,000,000	189,000,000	-9,000,000	77,000,000	-2,271,000,000	-2,964,000,000	1,000,000,000	253,000,000	138,000,000	126,000,000	221,000,000	156,000,000	75,000,000	174,000,000	86,000,000	-13,000,000	123,000,000	114,000,000	192,000,000	80,000,000	-2,000,000	71,000,000	132,000,000	72,000,000	79,000,000	-153,000,000	165,000,000	144,000,000	165,000,000
total income tax expense																																																							470,750,000	498,000,000	1,194,000,000	191,000,000				514,000,000					533,500,000	1,226,000,000	667,000,000	241,000,000	167,000,000	317,000,000	330,000,000	264,000,000	260,000,000	317,000,000	185,000,000	427,000,000	275,500,000	395,000,000	357,000,000	350,000,000	213,000,000	300,000,000	270,000,000	282,000,000
discontinued operations:
earnings from discontinued operations before income taxes																																																							646,000,000	-4,000,000	2,558,000,000	30,000,000	65,000,000	1,710,000,000	473,000,000	137,000,000	306,000,000		17,000,000	-1,000,000
discontinued operations income tax benefit																																																								-2,000,000
earnings from discontinued operations																																																							646,000,000	-2,000,000	2,559,000,000	27,000,000	84,000,000	1,661,000,000	354,000,000	118,000,000	258,000,000		17,000,000	-1,000,000	17,000,000	109,000,000	707,000,000	98,000,000	212,000,000	91,000,000	80,000,000	77,000,000
discontinued operations income tax (benefit) expense																																																									-1,000,000
income tax (benefit) expense:
discontinued operations income tax expense																																																										3,000,000	-19,000,000	49,000,000	119,000,000	19,000,000
reduction of carrying value of oil and gas properties																																																															-108,000,000			6,516,000,000									-31,000,000	51,000,000	16,000,000	85,000,000
total income tax benefit																																																											190,000,000	270,000,000	261,000,000		275,000,000	93,000,000	128,000,000
oil and gas derivatives																																																													45,000,000
non-oil and gas financial instruments																																																													81,000,000
net gain on oil and gas derivative financial instruments																																																														620,000,000	194,000,000	23,000,000	13,000,000	154,000,000	257,000,000	1,592,000,000	-1,215,000,000
expenses and other income, net:
change in fair value of other financial instruments																																																														-15,000,000	-86,000,000	-5,000,000	-10,000,000	-5,000,000	127,000,000	46,000,000
other expense																																																														-4,000,000
total expenses and other income																																																														1,632,000,000	1,115,000,000	1,506,000,000	1,665,000,000	8,255,000,000	12,631,000,000	2,243,000,000	2,287,000,000	2,083,000,000	1,926,000,000	1,802,000,000	1,775,000,000	1,635,000,000	1,703,000,000	1,700,000,000	1,573,000,000	1,590,000,000	1,115,250,000	1,565,000,000	1,458,000,000	1,438,000,000
income tax expense:
oil sales																																																															526,750,000	845,000,000	808,000,000	454,000,000	566,000,000	1,296,000,000	1,455,000,000	1,250,000,000	1,032,000,000	905,000,000	865,000,000	691,000,000	723,000,000	910,000,000	857,000,000	715,000,000	570,000,000	643,000,000	650,000,000	615,000,000	523,000,000	559,000,000	539,000,000	581,000,000	484,000,000	469,000,000	379,000,000	256,000,000
gas sales																																																															586,000,000	691,000,000	740,000,000	913,000,000	1,316,000,000	2,107,000,000	2,210,000,000	1,630,000,000	1,375,000,000	1,182,000,000	1,380,000,000	1,226,000,000	1,207,000,000	1,191,000,000	1,170,000,000	1,364,000,000	1,871,000,000	1,466,000,000	1,272,000,000	1,175,000,000	1,282,000,000	1,147,000,000	1,181,000,000	1,121,000,000	967,000,000	1,049,000,000	1,007,000,000	874,000,000
ngl sales																																																															125,250,000	195,000,000	170,000,000	136,000,000	174,000,000	362,000,000	379,000,000	328,000,000	327,000,000	242,000,000	224,000,000	177,000,000	176,000,000	204,000,000	193,000,000	176,000,000	195,000,000	190,000,000	157,000,000	145,000,000
production taxes																																																															37,500,000	61,000,000	47,000,000	42,000,000	60,000,000	152,000,000	176,000,000	134,000,000	85,000,000	85,000,000	90,000,000	80,000,000	80,000,000	92,000,000	86,000,000	83,000,000	101,000,000	81,000,000	75,000,000	78,000,000	73,000,000	48,000,000	71,000,000	62,000,000	52,000,000	54,000,000	51,000,000	47,000,000
other income																																																															1,000,000	-96,000,000	20,000,000	7,000,000	-103,000,000	-83,000,000	-17,000,000	-21,000,000	-27,000,000	-28,000,000	-17,000,000	-26,000,000	-30,000,000	-27,000,000	-30,000,000	-28,000,000	-17,000,000	-27,000,000	-14,000,000	-138,000,000	49,000,000	17,000,000	15,000,000	22,000,000	8,000,000	4,000,000	17,000,000	8,000,000
preferred stock dividends																																																																					3,000,000	2,000,000	3,000,000	2,000,000	3,000,000	2,000,000	3,000,000	2,000,000	3,000,000	2,000,000	3,000,000	2,000,000	3,000,000	2,000,000	3,000,000	2,000,000	3,000,000	2,000,000	3,000,000	2,000,000	3,000,000	2,000,000
net earnings applicable to common stockholders																																																															667,000,000	499,000,000	314,000,000	-3,959,000,000	-6,816,000,000	2,618,000,000	1,298,000,000	747,000,000	1,313,000,000	733,000,000	901,000,000	649,000,000	579,000,000	703,000,000	856,000,000	698,000,000	967,000,000	742,000,000	650,000,000	561,000,000	670,000,000	515,000,000	499,000,000	492,000,000	299,250,000	410,000,000	353,000,000	434,000,000
total income tax (benefit) expense																																																																		-2,269,000,000
weighted-average common shares outstanding:
basic																																																																		444	444	442	446	445	445	445	446	444	442	441,000,000	440,000,000	442,000,000	458				482
diluted																																																																		444	444	446	450	449	450	450	450	450	448	447,000,000	446,000,000	449,000,000	470				499
accretion of asset retirement obligation																																																																			16,500,000	22,000,000	22,000,000	22,000,000	19,000,000	19,000,000	18,000,000	18,000,000	12,000,000	13,000,000	13,000,000	11,000,000	9,000,000	12,000,000	11,000,000	12,000,000	12,000,000	11,000,000	10,000,000	11,000,000	10,000,000	10,000,000	9,000,000	7,000,000
earnings from continuing operations before income tax expense																																																																			1,472,000,000	3,735,000,000	1,261,000,000	892,000,000	1,271,000,000	961,000,000	1,154,000,000	838,000,000
earnings from discontinued operations before income tax expense																																																																			283,250,000	93,000,000	851,000,000	189,000,000	110,500,000	177,000,000	128,000,000	137,000,000
change in fair value of non-oil and gas derivative financial instruments																																																																					-40,000,000	16,000,000
net income on oil and gas derivative financial instruments																																																																						-788,000,000
change in fair value of financial instruments																																																																							-3,000,000	-22,000,000	-10,000,000	1,000,000											-11,000,000	4,000,000	-7,000,000	-1,000,000	-1,000,000	10,000,000
effects of changes in foreign currency exchange rates																																																																											-250,000			-1,000,000	2,000,000	-15,000,000	11,000,000		17,000,000	21,000,000	-9,000,000	-6,000,000	17,000,000	1,000,000	29,000,000	22,000,000
change in fair value of derivative financial instruments																																																																											97,000,000	22,000,000	47,000,000	12,000,000	-74,000,000	134,000,000	-18,000,000	52,000,000	-8,000,000	-47,000,000
earnings before income tax expense																																																																											798,250,000	1,022,000,000	1,044,000,000	1,127,000,000	765,500,000	1,139,000,000	1,010,000,000	913,000,000
net earnings per average common share outstanding:
basic																															-0.38	-0.61	0.43	0.81	1.08	-8.42	1.9			-11.1	-8.64	-6.94	-8.88	1.235	2.48	1.65	0.8																												1,277,500	1,590,000	1,940,000	1,580,000	1,055,000	1,660,000	1,400,000	1,170,000
diluted																															-0.38	-0.61	0.43	0.8	1.07	-8.41	1.89			-11.1	-8.64	-6.94	-8.88	1.228	2.47	1.64	0.79																												1,262,500	1,570,000	1,920,000	1,560,000	1,037,500	1,630,000	1,380,000	1,140,000
weighted-average common share outstanding:
basic																																																																		444	444	442	446	445	445	445	446	444	442	441,000,000	440,000,000	442,000,000	458				482
diluted																																																																		444	444	446	450	449	450	450	450	450	448	447,000,000	446,000,000	449,000,000	470				499
net earnings per common share outstanding:
basic																															-0.38	-0.61	0.43	0.81	1.08	-8.42	1.9			-11.1	-8.64	-6.94	-8.88	1.235	2.48	1.65	0.8																												1,277,500	1,590,000	1,940,000	1,580,000	1,055,000	1,660,000	1,400,000	1,170,000
diluted																															-0.38	-0.61	0.43	0.8	1.07	-8.41	1.89			-11.1	-8.64	-6.94	-8.88	1.228	2.47	1.64	0.79																												1,262,500	1,570,000	1,920,000	1,560,000	1,037,500	1,630,000	1,380,000	1,140,000
weighted-average common shares outstanding — basic																																																																																446,000,000	464,000,000							232	212	157
weighted-average common shares outstanding — diluted																																																																																454,000,000	471,000,000							241	221	163
weighted-average common shares outstanding – basic																																																																																		480,000,000		242	241	239
weighted-average common shares outstanding – diluted																																																																																		496,000,000		250	249	247
natural gas liquids sales																																																																																			98,250,000	153,000,000	122,000,000	119,000,000	73,500,000	95,000,000	92,000,000	107,000,000
production and operating costs and expenses:
transportation costs																																																																																			41,500,000	59,000,000	54,000,000	53,000,000	58,000,000	57,000,000	51,000,000	41,000,000
depreciation, depletion and amortization of property and equipment																																																																																			424,000,000	572,000,000	552,000,000	572,000,000	562,000,000	508,000,000	427,000,000	296,000,000
expenses related to mergers																																																																																									7,000,000
total production and operating costs and expenses																																																																																			1,001,000,000	1,332,000,000	1,308,000,000	1,364,000,000
earnings from operations																																																																																			984,000,000	935,000,000	911,000,000	874,000,000	523,000,000	734,000,000	675,000,000	710,000,000
dividends on subsidiary’s preferred stock																																																																																							-1,000,000		-1,000,000
net other expenses																																																																																			-88,750,000	-118,000,000	-139,000,000	-98,000,000
earnings before income tax expense and cumulative effect of change in accounting principle																																																																																			591,250,000	817,000,000	772,000,000
earnings before cumulative effect of change in accounting principle																																																																																			673,000,000	517,000,000	502,000,000		543,000,000	412,000,000	356,000,000	420,000,000
cumulative effect of change in accounting principle, net of income tax expense of 10 million																																																																																							4,000,000			16,000,000
basic earnings per share:
earnings before change in accounting principle																																																																																			1.563	2.12
cumulative effect of change in accounting principle																																																																																							0.02			0.1
diluted earnings per share:
earnings from continuing operations before income tax expense and cumulative effect of change in accounting principle																																																																																						776,000,000	456,750,000	618,000,000	589,000,000	620,000,000
earnings from continuing operations before cumulative effect of change in accounting principle																																																																																						494,000,000	543,000,000	412,000,000	356,000,000	420,000,000
revenues
production and operating costs and expenses
discontinued operations
results of discontinued operations before income taxes
net results of discontinued operations

Balance Sheets:

Quarterly

Annual

Unit: USD	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	2005-09-30	2005-06-30	2005-03-31	2004-12-31	2004-09-30	2004-06-30	2004-03-31	2003-12-31	2003-09-30	2003-06-30	2003-03-31

assets
current assets:
cash, cash equivalents and restricted cash	1,434	1,278	1,759	1,234	846	676	1,169	1,149	875	761	488	887	1,454	1,310	3,457	2,625	2,271	2,321	1,539	1,878	2,237
accounts receivable	1,792	1,835	1,853	2,036	1,972	1,779	1,589	1,670	1,573	1,853	1,519	1,615	1,767	2,061	2,348	2,002	1,543	1,517	1,185	1,089	601	493	515	594	832	787	842	1,038	885	1,226	1,141	1,695	1,670	1,462,000,000	1,248,000,000	1,320,000,000	1,356,000,000	1,092,000,000	1,167,000,000	1,023,000,000	1,105,000,000	1,318,000,000	1,602,000,000	1,663,000,000	1,959,000,000	2,009,000,000	2,301,000,000	2,580,000,000	1,520,000,000	1,538,000,000	1,369,000,000	1,245,000,000	1,113,000,000	1,005,000,000	1,107,000,000	1,379,000,000	1,430,000,000	1,446,000,000	1,269,000,000	1,028,000,000	1,205,000,000	1,296,000,000	1,208,000,000	1,142,000,000	1,318,000,000	1,221,000,000	1,412,000,000	1,710,000,000	2,460,000,000	2,090,000,000	1,779,000,000	1,435,000,000	1,375,000,000	1,361,000,000	1,393,000,000	1,317,000,000	1,404,000,000	1,320,000,000	1,601,000,000	1,516,000,000	1,308,000,000	1,364,000,000	1,320,000,000	1,102,000,000	1,104,000,000	1,063,000,000	946,000,000	896,000,000	965,000,000	910,000,000
inventory	336	361	327	332	294	293	258	234	249	233	201	212	201
other current assets	444	393	384	303	315	484	343	345	460	365	397	475	469	638	546	346	352	309	312	334	248	359	446	998	279	383	354	338	941	429	455	516	448	379,000,000	469,000,000	336,000,000	264,000,000	257,000,000	364,000,000	214,000,000	421,000,000	495,000,000	470,000,000	579,000,000	544,000,000	556,000,000	385,000,000	413,000,000	475,000,000	587,000,000	533,000,000	746,000,000	818,000,000	1,167,000,000	861,000,000	847,000,000	1,302,000,000	711,000,000	850,000,000	738,000,000	650,000,000	264,000,000	270,000,000	384,000,000	358,000,000	325,000,000	250,000,000		255,000,000	232,000,000	235,000,000	340,000,000	259,000,000	167,000,000	323,000,000	228,000,000	189,000,000	177,000,000	161,000,000	177,000,000	149,000,000	152,000,000	143,000,000
total current assets	4,006	3,867	4,323	3,905	3,427	3,232	3,359	3,398	3,157	3,212	2,605	3,189	3,891	4,009	6,351	4,973	4,249	4,227	3,076	3,467	3,260	3,477	3,378	4,055	3,851	2,846	5,167	2,703	4,437	4,757	13,820	3,635	4,791	4,622,000,000	4,086,000,000	3,775,000,000	3,772,000,000	4,451,000,000	3,982,000,000	2,950,000,000	4,026,000,000	4,298,000,000	4,730,000,000	5,806,000,000	6,498,000,000	5,973,000,000	4,392,000,000	5,020,000,000	6,315,000,000	6,357,000,000	8,403,000,000	8,971,000,000	9,433,000,000	9,217,000,000	9,078,000,000	9,305,000,000	9,607,000,000	8,911,000,000	5,599,000,000	5,950,000,000	5,049,000,000	3,748,000,000	2,992,000,000	2,609,000,000	2,577,000,000	2,376,000,000	2,684,000,000	3,419,000,000	5,433,000,000	4,657,000,000	3,914,000,000	3,684,000,000	3,166,000,000	2,736,000,000	3,212,000,000	2,936,000,000	3,045,000,000	3,794,000,000		3,759,000,000	4,481,000,000	4,365,000,000		3,021,000,000	2,364,000,000	2,685,000,000
oil and gas property and equipment, based on successful efforts accounting	23,731	23,591	23,428	23,429	23,198	23,155	18,216	18,033	17,825	17,563	17,317	16,932	16,567	16,258	13,588	13,566	13,536	13,613	13,727	13,826	4,436	4,553	4,673	4,756	7,558	9,122	8,987	12,766	12,813	13,056	12,957	13,475	13,318
other property and equipment	1,688	1,698	1,687	1,653	1,813	1,795	1,569	1,551	1,503	1,468	1,446	1,583	1,539	1,535	1,525	1,508	1,472	1,465	1,462	1,448	957	1,003	1,013	1,024	1,035	1,055	1,050	1,098	1,122	1,146	1,164
total property and equipment	25,419	25,289	25,115	25,082	25,011	24,950	19,785	19,584	19,328	19,031	18,763	18,515	18,106	17,793	15,113	15,074	15,008	15,078	15,189	15,274	5,393	5,556	5,686	5,780	8,593	10,177	10,037	13,864	13,935	14,202	14,121	21,383	21,171
goodwill	753	753	753	753	753	753	753	753	753	753	753	753	753	753	753	753	753	753	753	753	753	753	753	753	753	841	841	841	841	841	841	2,383	2,383	3,964,000,000	3,964,000,000	3,964,000,000	3,964,000,000	3,963,000,000	4,159,000,000	4,159,000,000	5,032,000,000	5,775,000,000	6,349,000,000	6,328,000,000	6,303,000,000	8,310,000,000	8,408,000,000	9,155,000,000	5,954,000,000	5,917,000,000	6,017,000,000	6,079,000,000	6,114,000,000	6,007,000,000	6,067,000,000	6,013,000,000	5,951,000,000	6,176,000,000	6,151,000,000	5,977,000,000	5,892,000,000	6,018,000,000	5,930,000,000	5,929,000,000	5,710,000,000	5,509,000,000	5,579,000,000	5,966,000,000	6,081,000,000	6,054,000,000	6,172,000,000	6,150,000,000	5,961,000,000	5,741,000,000	5,706,000,000	5,822,000,000	5,823,000,000	5,702,000,000	5,705,000,000	5,729,000,000	5,592,000,000	5,624,000,000	5,637,000,000	5,525,000,000	5,388,000,000	5,440,000,000	5,477,000,000	5,341,000,000	5,324,000,000	3,699,000,000
right-of-use assets	299	247	185	127	303	317	297	276	267	261	266	219	224	232	236	229	235	244	252	255	223	226	231	237	243	219	273	365
investments	727	679	640	713	727	718	704	713	666	671	675	469	440	431	423	416	402	388	398	402
other long-term assets	395	386	374	348	268	293	264	254	319	313	293	275	307	339	318	333	378	367	397	306	283	233	227	245	196	216	232	304	353	372	377	1,915	1,896	1,891,000,000	1,942,000,000	1,974,000,000	1,987,000,000	2,230,000,000	2,288,000,000	2,264,000,000	1,406,000,000	1,503,000,000	1,703,000,000	1,753,000,000	1,540,000,000	1,387,000,000	1,316,000,000	1,161,000,000	615,000,000	821,000,000	780,000,000	960,000,000	855,000,000	1,005,000,000	899,000,000	893,000,000	1,027,000,000	929,000,000	806,000,000	862,000,000	849,000,000	690,000,000								599,000,000
total assets	31,599	31,221	31,390	30,928	30,489	30,263	25,162	24,978	24,490	24,241	23,355	23,420	23,721	23,557	23,194	21,778	21,025	21,057	20,065	20,457	9,912	10,326	10,357	11,144	13,717	14,394	16,649	18,077	19,566	20,172	29,159	29,316	30,241	27,559,000,000	26,814,000,000	26,134,000,000	25,913,000,000	26,813,000,000	27,244,000,000	28,637,000,000	29,532,000,000	34,351,000,000	40,606,000,000	45,342,000,000	50,637,000,000	50,839,000,000	51,115,000,000	52,765,000,000	40,846,000,000	40,020,000,000	41,582,000,000	43,326,000,000	43,548,000,000	43,470,000,000	42,605,000,000	41,117,000,000	39,866,000,000	38,537,000,000	34,550,000,000	31,863,000,000	29,971,000,000	30,677,000,000	29,686,000,000	28,141,000,000	27,057,000,000	25,723,000,000	31,908,000,000	42,655,000,000	43,780,000,000	42,985,000,000	41,456,000,000	40,271,000,000	38,031,000,000	35,978,000,000	35,063,000,000	34,232,000,000	33,518,000,000	30,765,000,000	30,273,000,000	29,523,000,000	29,270,000,000	30,676,000,000	29,736,000,000	28,590,000,000	27,304,000,000	27,577,000,000	27,162,000,000
liabilities and equity
current liabilities:
accounts payable	790	934	885	923	806	995	754	879	760	812	843	935	859	761	668	576	500	537	487	564	242	415	309	444	428	513	522	603	662	777	771	862	819	797,000,000	692,000,000	638,000,000	642,000,000	529,000,000	545,000,000	640,000,000	906,000,000	940,000,000	1,035,000,000	1,335,000,000	1,400,000,000	1,344,000,000	1,529,000,000	1,581,000,000	1,269,000,000	1,197,000,000	1,409,000,000	1,451,000,000	1,485,000,000	1,510,000,000	1,079,000,000	1,471,000,000
revenues and royalties payable	1,491	1,464	1,440	1,588	1,432	1,423	1,363	1,268	1,222	1,434	1,199	1,266	1,506	1,810	2,108	1,672	1,456	1,443	1,030	909	662	562	473	617	730	700	772	850	898	947	959	1,269	1,180	1,012,000,000	949,000,000	991,000,000	908,000,000	860,000,000	819,000,000	705,000,000	763,000,000	985,000,000	1,095,000,000	1,054,000,000	1,193,000,000	1,455,000,000	1,581,000,000	1,529,000,000	807,000,000	830,000,000	753,000,000	750,000,000	696,000,000	591,000,000	513,000,000	678,000,000
short-term debt	998	998	485	485	485		475	479	483	487	244	247	251	255						226									162	257	277	354	115	20,000,000				350,000,000	350,000,000	350,000,000	976,000,000	500,000,000	670,000,000	1,448,000,000	1,432,000,000	1,898,000,000	475,000,000	3,773,000,000	2,112,000,000	2,194,000,000	4,197,000,000	3,189,000,000	2,780,000,000	2,148,000,000	4,120,000,000	3,811,000,000	3,288,000,000	1,962,000,000	3,003,000,000	1,808,000,000	53,000,000	240,000,000	1,432,000,000	1,545,000,000	1,508,000,000	1,073,000,000	180,000,000			1,446,000,000	1,004,000,000	2,076,000,000	2,022,000,000	1,857,000,000	2,205,000,000	1,439,000,000	2,098,000,000
other current liabilities	807	646	537	622	586	488	424	451	484	597	383	483	489	634	1,318	1,506	1,131	1,525	1,555	1,246	536	269	229	199	310	273	279	515	435	1,243	1,079	997	1,201	1,003,000,000	891,000,000	841,000,000	1,066,000,000	910,000,000	1,010,000,000	905,000,000	650,000,000	815,000,000	852,000,000	1,085,000,000	1,180,000,000	646,000,000	1,094,000,000	697,000,000	594,000,000	644,000,000	441,000,000	613,000,000	535,000,000	712,000,000	550,000,000	730,000,000	522,000,000	445,000,000	495,000,000	556,000,000	1,202,000,000	730,000,000
total current liabilities	4,086	4,042	3,537	3,618	3,309	2,906	3,016	3,266	2,949	3,330	2,669	2,931	3,105	3,460	4,094	3,754	3,087	3,505	3,072	2,945	1,440	1,709	1,452	1,554	1,927	1,658	3,467	1,968	2,226	3,224	8,377	3,482	3,315	2,832,000,000	2,532,000,000	2,470,000,000	2,616,000,000	2,851,000,000	2,929,000,000	2,600,000,000	3,295,000,000	3,501,000,000	3,998,000,000	5,560,000,000	5,935,000,000	5,994,000,000	4,679,000,000	7,580,000,000	4,782,000,000	4,865,000,000	6,800,000,000	6,003,000,000	5,496,000,000	4,961,000,000	6,262,000,000	6,738,000,000	6,031,000,000	4,484,000,000	5,754,000,000	4,450,000,000	3,402,000,000	3,108,000,000	3,802,000,000	3,443,000,000	3,492,000,000	3,234,000,000	3,135,000,000	3,059,000,000	6,032,000,000	4,995,000,000	3,657,000,000	4,766,000,000	4,416,000,000	4,440,000,000	4,645,000,000	3,826,000,000	4,198,000,000	2,927,000,000		3,078,000,000	3,185,000,000	3,760,000,000		2,966,000,000	2,381,000,000	2,690,000,000
long-term debt	7,391	7,393	8,393	8,395	8,398	8,884	5,665	5,668	5,672	5,675	6,169	6,175	6,189	6,196	6,461	6,471	6,482	6,492	6,502	7,042	4,298	4,297	4,296	4,295	4,294	4,295	4,294	5,786	5,785	5,791	5,790	9,628	10,291	10,383,000,000	10,558,000,000	10,381,000,000	10,154,000,000	11,004,000,000	12,357,000,000	12,195,000,000	12,137,000,000	11,400,000,000	11,375,000,000	10,301,000,000	9,830,000,000	10,161,000,000	11,880,000,000	11,739,000,000	7,956,000,000	7,956,000,000	7,955,000,000	8,455,000,000	8,455,000,000	8,455,000,000	6,719,000,000	5,969,000,000	5,969,000,000	5,968,000,000	3,800,000,000	3,821,000,000	5,571,000,000	5,845,000,000	5,847,000,000	5,848,000,000	5,849,000,000	5,851,000,000
lease liabilities	197	158	113	77	320	328	315	301	295	290	299	256	257	259	259	251	252	256	258	260	246	245	245	245	244	244	263	298
asset retirement obligations	863	850	839	835	770	765	691	683	643	641	548	546	511	498	452	443	468	462	450	455	358	398	391	386	380	526	528	938	1,030	1,103	1,088	1,141	1,113	1,100,000,000	1,078,000,000	1,067,000,000	1,226,000,000	1,230,000,000	1,473,000,000	1,491,000,000	1,370,000,000	1,377,000,000	1,391,000,000	1,373,000,000	1,339,000,000	1,348,000,000	1,541,000,000	2,218,000,000	2,161,000,000	2,121,000,000	2,092,000,000	1,996,000,000	2,009,000,000	1,942,000,000	1,944,000,000	1,496,000,000	1,460,000,000	1,499,000,000	1,468,000,000	1,394,000,000	1,346,000,000	1,637,000,000
other long-term liabilities	907	962	1,008	1,041	840	820	829	841	876	850	858	866	900	941	949	974	1,050	1,281	1,248	1,269	551	372	458	461	426	431	431	458	462	613	624	567	583	645,000,000	657,000,000	643,000,000	894,000,000	1,036,000,000	1,011,000,000	1,112,000,000	853,000,000	818,000,000	782,000,000	922,000,000	948,000,000	926,000,000	1,029,000,000	933,000,000	830,000,000	816,000,000	873,000,000	901,000,000	863,000,000	799,000,000	752,000,000	721,000,000	493,000,000	808,000,000	1,066,000,000	1,072,000,000	919,000,000	921,000,000	937,000,000	977,000,000	1,036,000,000	992,000,000	1,026,000,000	833,000,000	905,000,000	701,000,000
deferred income taxes	2,627	2,466	2,208	2,189	2,148	2,082	1,917	1,878	1,838	1,676	1,662	1,543	1,463	1,196	753	450	287								341	523	483	772	877	543	432	773	835	665,000,000	659,000,000	651,000,000	648,000,000	631,000,000	555,000,000	731,000,000		261,000,000	346,000,000	638,000,000	730,000,000	5,642,000,000	5,927,000,000	5,249,000,000	4,505,000,000	4,196,000,000	4,154,000,000	4,693,000,000	4,944,000,000	5,088,000,000	4,972,000,000	4,763,000,000	4,809,000,000	4,348,000,000	3,199,000,000	2,405,000,000	1,714,000,000	2,003,000,000	1,899,000,000	1,709,000,000	1,587,000,000	1,364,000,000	3,679,000,000	7,179,000,000	775,000,000	325,000,000	44,000,000	5,992,000,000	5,602,000,000	66,000,000	102,000,000	71,000,000	90,000,000	69,000,000	158,000,000	180,000,000	248,000,000	317,000,000	4,800,000,000	4,502,000,000	4,332,000,000	4,334,000,000	4,370,000,000	4,326,000,000	4,076,000,000	2,862,000,000
stockholders' equity:
common stock	62	63	64	64	65	66	63	63	64	64	64	64	65	65	66	66	66	68	68	67	38	38	38	38	38	39	41	42	45	47	51	53	53	53,000,000	53,000,000	53,000,000	52,000,000	52,000,000	52,000,000	52,000,000	42,000,000	41,000,000	41,000,000	41,000,000	41,000,000	41,000,000	41,000,000	41,000,000	41,000,000	41,000,000	41,000,000	41,000,000	41,000,000	40,000,000	40,000,000	40,000,000
additional paid-in capital	5,388	5,618	5,864	6,096	6,387	6,662	5,478	5,718	5,939	6,153	6,131	6,344	6,921	6,956	7,060	7,371	7,636	8,206	8,189	8,172	2,766	2,750	2,720	2,701	2,735	2,815	3,352	3,518	4,486	5,217	6,888	7,269	7,333	7,207,000,000	7,211,000,000	7,207,000,000	7,237,000,000	7,487,000,000	7,500,000,000	7,501,000,000	4,996,000,000	4,773,000,000	4,736,000,000	4,542,000,000	4,088,000,000	4,004,000,000	3,943,000,000	3,836,000,000	3,777,000,000	3,747,000,000	3,717,000,000	3,688,000,000	3,644,000,000	3,604,000,000	3,564,000,000	3,507,000,000	3,827,000,000	4,489,000,000	5,028,000,000	5,714,000,000	6,186,000,000	6,577,000,000	6,527,000,000	6,410,000,000	6,363,000,000	6,310,000,000	6,257,000,000	6,219,000,000	6,591,000,000	6,820,000,000	6,743,000,000	6,883,000,000	6,956,000,000	6,897,000,000	6,840,000,000	6,791,000,000	6,762,000,000	6,733,000,000	7,066,000,000	7,645,000,000	7,609,000,000	8,588,000,000	9,087,000,000	9,304,000,000	9,254,000,000	9,174,000,000	9,066,000,000	8,899,000,000	8,878,000,000	5,181,000,000
retained earnings	10,200	9,788	9,252	8,506	8,166	7,670	7,132	6,509	6,195	5,535	4,940	4,712	4,297	3,981	3,107	2,013	1,692	750	243	218	208	351	586	1,298	3,148	3,812	3,738	3,280	3,650	2,505	6	473	702				-1,646,000,000	-1,977,000,000	-2,970,000,000	-1,400,000,000	1,781,000,000	6,413,000,000	10,018,000,000	12,933,000,000	16,631,000,000	17,138,000,000	16,220,000,000	15,644,000,000	15,292,000,000	14,952,000,000	14,358,000,000	15,778,000,000	16,217,000,000	17,016,000,000	16,621,000,000	16,308,000,000	15,870,000,000	14,901,000,000	12,230,000,000	11,390,000,000	9,369,000,000	8,733,000,000	7,613,000,000	7,017,000,000	6,589,000,000	6,347,000,000	10,376,000,000	17,265,000,000	14,717,000,000	13,489,000,000	12,813,000,000	11,564,000,000	10,893,000,000	10,055,000,000	9,114,000,000	8,586,000,000	7,932,000,000	7,126,000,000	6,477,000,000	5,543,000,000	4,834,000,000	4,218,000,000	3,693,000,000	3,047,000,000	2,557,000,000	2,082,000,000	1,614,000,000	1,085,000,000	688,000,000	341,000,000
accumulated other comprehensive loss	-122	-119	-120	-121	-122	-121	-122	-123	-124	-113	-114	-115	-116	-129	-130	-131	-132	-100	-101	-104	-127	-116	-117	-118																																																																		-11,000,000
total stockholders’ equity attributable to devon	15,528	15,350	15,060	14,545	14,496	14,277	12,551	12,167	12,061	11,639	11,021	10,977	11,167	10,873	10,090	9,300	9,262	8,924	8,399	8,353	2,885	3,023	3,227	3,919	5,802				9,186	8,898	8,014	8,905	9,254	7,129,000,000	6,899,000,000	6,466,000,000	5,927,000,000	5,840,000,000	4,847,000,000	6,410,000,000	7,049,000,000	11,548,000,000	15,323,000,000	17,997,000,000	21,539,000,000	22,176,000,000	21,474,000,000	20,494,000,000
noncontrolling interests			232	228	208	201	178	174	156	140	129	126	129	134	136	135	137	137	136	133	134	125	126	121	118						4,834	4,820	4,850	4,805,000,000	4,431,000,000	4,456,000,000	4,448,000,000	4,221,000,000	4,072,000,000	4,098,000,000	3,940,000,000	4,374,000,000	4,828,000,000	5,022,000,000	4,802,000,000	4,592,000,000	4,585,000,000	4,552,000,000
total equity	15,528	15,350	15,292	14,773	14,704	14,478	12,729	12,341	12,217	11,779	11,150	11,103	11,296	11,007	10,226	9,435	9,399	9,061	8,535	8,486	3,019	3,148	3,353	4,040	5,920				9,186	8,898	12,848	13,725	14,104	11,934,000,000
total liabilities and equity	31,599	31,221	31,390	30,928	30,489	30,263	25,162	24,978	24,490	24,241	23,355	23,420	23,721	23,557	23,194	21,778	21,025	21,057	20,065	20,457	9,912	10,326	10,357	11,144	13,717				19,566	20,172	29,159	29,316	30,241	27,559,000,000
income taxes payable			190					189																																						651,000,000																					37,000,000	188,000,000	306,000,000		97,000,000	187,000,000	171,000,000	192,000,000	197,000,000	278,000,000	147,000,000	412,000,000	293,000,000	108,000,000	148,000,000	428,000,000	223,000,000	225,000,000	171,000,000	207,000,000	15,000,000	83,000,000	75,000,000	31,000,000
treasury stock									-13			-28			-13	-19										-8	-20	-47	-22	-35	-22	-12																									-48,000,000	-25,000,000	-23,000,000	-7,000,000	-65,000,000								-50,000,000						-1,000,000	-1,000,000	-18,000,000	-18,000,000		-567,000,000				-148,000,000	-130,000,000	-130,000,000
income taxes receivable																	83	80	40	166	174																			24,000,000	147,000,000	8,000,000	9,000,000		522,000,000																			47,000,000	27,000,000	106,000,000	334,000,000																		11,000,000	11,000,000	11,000,000	11,000,000	11,000,000	11,000,000
current assets associated with discontinued operations																						728	748	736	896	21	131
long-term assets associated with discontinued operations																						81	82	74	81	95	99
current liabilities associated with discontinued operations																						463	441	294	459	172	1,894
long-term liabilities associated with discontinued operations																						157	162	163	185	175	189
cash and cash equivalents																						1,707	1,474	1,527	1,464	1,375	3,470	1,327	2,414	3,102	1,460	1,424	2,673	2,781,000,000	2,369,000,000	2,119,000,000	1,959,000,000	2,385,000,000	1,723,000,000	1,635,000,000	2,310,000,000	1,787,000,000	1,725,000,000	1,858,000,000	1,480,000,000	3,408,000,000	1,706,000,000	2,027,000,000	4,320,000,000	3,363,000,000	5,275,000,000	4,637,000,000	5,338,000,000	6,101,000,000	5,828,000,000	5,555,000,000	5,618,000,000	3,351,000,000	1,311,000,000	3,608,000,000	2,174,000,000	724,000,000	646,000,000	905,000,000	648,000,000	397,000,000	379,000,000	1,193,000,000	1,837,000,000	1,875,000,000	1,364,000,000	1,392,000,000	1,042,000,000	615,000,000	739,000,000	1,196,000,000	1,030,000,000	1,494,000,000	1,606,000,000	1,095,000,000	2,227,000,000	1,499,000,000	1,152,000,000	1,761,000,000	1,147,000,000	1,481,000,000	1,273,000,000	840,000,000	724,000,000	634,000,000
cash restricted for discontinued operations																						190	195	200	380	280	370
accumulated other comprehensive earnings																									-119	-116	-117	1,064	1,027	1,164	1,091	1,122	1,166	297,000,000	291,000,000	287,000,000	284,000,000	278,000,000	265,000,000	257,000,000	230,000,000	321,000,000	528,000,000	481,000,000	779,000,000	993,000,000	1,270,000,000	973,000,000	1,502,000,000	1,326,000,000	1,592,000,000	1,771,000,000	1,879,000,000	1,565,000,000	1,731,000,000	1,575,000,000	1,412,000,000	2,021,000,000	1,951,000,000	1,512,000,000	1,296,000,000	1,600,000,000
liabilities and stockholders' equity
total stockholders’ equity																										6,542	6,994	7,857							11,330,000,000	10,922,000,000	10,375,000,000	10,061,000,000	8,919,000,000	10,508,000,000	10,989,000,000	15,922,000,000	20,151,000,000	23,019,000,000	26,341,000,000	26,768,000,000	26,059,000,000	25,046,000,000	20,612,000,000	20,066,000,000	19,708,000,000	21,278,000,000	21,781,000,000	22,225,000,000	21,956,000,000	21,430,000,000	21,102,000,000	21,428,000,000	19,229,000,000	18,652,000,000	16,830,000,000	16,955,000,000	15,570,000,000	14,653,000,000	13,682,000,000	12,942,000,000	17,060,000,000	25,290,000,000	23,433,000,000	22,398,000,000	22,006,000,000	20,832,000,000	19,686,000,000	18,156,000,000	17,442,000,000	17,217,000,000	16,493,000,000	15,302,000,000		13,944,000,000	13,299,000,000	13,634,000,000		12,655,000,000	11,963,000,000	11,530,000,000
total liabilities and stockholders' equity																										14,394	16,649	18,077
current assets held for sale																													197		10,764																									21,000,000	26,000,000	36,000,000	533,000,000	576,000,000	1,020,000,000	731,000,000	657,000,000				27,000,000	88,000,000	105,000,000	112,000,000	120,000,000	176,000,000	175,000,000	252,000,000	81,000,000
current liabilities held for sale																													69		5,291
long-term assets held for sale																																																								132,000,000	111,000,000	94,000,000	913,000,000	875,000,000	1,340,000,000	1,409,000,000	1,250,000,000				19,000,000	19,000,000	84,000,000	1,531,000,000
long-term liabilities held for sale
equity:
midstream and other property and equipment																																7,908	7,853
assets held for sale																																					193,000,000	717,000,000	728,000,000																																1,512,000,000	1,707,000,000	1,675,000,000	1,680,000,000	185,000,000
property and equipment, at cost:
oil and gas, based on full cost accounting:
subject to amortization																																		78,470,000,000	77,326,000,000	76,421,000,000	75,648,000,000	75,431,000,000	80,066,000,000	79,907,000,000	78,190,000,000	77,093,000,000	77,191,000,000	75,952,000,000	75,738,000,000	73,733,000,000	75,242,000,000	79,399,000,000	73,009,000,000	71,057,000,000	70,431,000,000	69,410,000,000	67,345,000,000	64,965,000,000	64,272,000,000	61,696,000,000	59,331,000,000	59,423,000,000	58,028,000,000	53,563,000,000	51,851,000,000
not subject to amortization																																		2,853,000,000	3,048,000,000	3,096,000,000	3,437,000,000	3,637,000,000	3,798,000,000	3,901,000,000	2,584,000,000	2,688,000,000	2,685,000,000	2,656,000,000	2,752,000,000	3,642,000,000	3,984,000,000	3,821,000,000	3,319,000,000	3,382,000,000	3,426,000,000	3,308,000,000	3,827,000,000	4,062,000,000	3,896,000,000	3,982,000,000	4,061,000,000	3,915,000,000	3,508,000,000	3,605,000,000	3,239,000,000
total oil and gas																																		81,323,000,000	80,374,000,000	79,517,000,000	79,085,000,000	79,068,000,000	83,864,000,000	83,808,000,000	80,774,000,000	79,781,000,000	79,876,000,000	78,608,000,000	78,490,000,000	77,375,000,000	79,226,000,000	83,220,000,000	76,328,000,000	74,439,000,000	73,857,000,000	72,718,000,000	71,172,000,000	69,027,000,000	68,168,000,000	65,678,000,000	63,392,000,000	63,338,000,000	61,536,000,000	57,168,000,000	55,090,000,000
midstream and other																																		11,097,000,000	10,908,000,000	10,701,000,000	10,455,000,000	10,320,000,000	10,243,000,000	10,979,000,000	10,380,000,000	10,410,000,000	10,354,000,000	10,109,000,000	9,695,000,000
total property and equipment, at cost																																		92,420,000,000	91,282,000,000	90,218,000,000	89,540,000,000	89,388,000,000	94,107,000,000	94,787,000,000	91,154,000,000	90,191,000,000	90,230,000,000	88,717,000,000	88,185,000,000	86,579,000,000	88,182,000,000	92,021,000,000	82,378,000,000	80,278,000,000	79,649,000,000	78,348,000,000	76,815,000,000	74,572,000,000	73,509,000,000	70,776,000,000	68,170,000,000	68,070,000,000	66,145,000,000	61,498,000,000	59,319,000,000
less accumulated depreciation, depletion and amortization																																		-75,338,000,000	-74,460,000,000	-73,797,000,000	-73,350,000,000	-73,219,000,000	-77,292,000,000	-75,523,000,000	-72,086,000,000	-67,416,000,000	-62,406,000,000	-57,262,000,000	-51,889,000,000	-51,410,000,000	-51,183,000,000	-54,592,000,000	-54,416,000,000	-53,353,000,000	-53,267,000,000	-51,032,000,000	-49,669,000,000	-47,331,000,000	-46,948,000,000	-46,002,000,000	-45,000,000,000	-45,643,000,000	-45,064,000,000	-43,299,000,000	-42,478,000,000	42,580,000,000	41,708,000,000	42,503,000,000	40,999,000,000	39,568,000,000	32,683,000,000	22,300,000,000	21,769,000,000	20,883,000,000	20,394,000,000	19,561,000,000	18,338,000,000	17,128,000,000	17,294,000,000	17,150,000,000	16,454,000,000	15,650,000,000	15,114,000,000	14,591,000,000	13,793,000,000	13,316,000,000	12,768,000,000	11,988,000,000	11,193,000,000	10,727,000,000	10,212,000,000	9,520,000,000	9,006,000,000	8,338,000,000
property and equipment																																		17,082,000,000	16,822,000,000	16,421,000,000	16,190,000,000	16,169,000,000	16,815,000,000	19,264,000,000	19,068,000,000	22,775,000,000	27,824,000,000	31,455,000,000	36,296,000,000	35,169,000,000	36,999,000,000	37,429,000,000	27,962,000,000	26,925,000,000	26,382,000,000	27,316,000,000	27,146,000,000	27,241,000,000	26,561,000,000	24,774,000,000	23,170,000,000	22,427,000,000	21,081,000,000	18,199,000,000	16,841,000,000	18,812,000,000	18,767,000,000	18,872,000,000	18,087,000,000	17,216,000,000
accumulated deficit																																		-428,000,000	-656,000,000	-1,081,000,000
liabilities and stockholders’ equity
stockholders’ equity:
total liabilities and stockholders’ equity																																			26,814,000,000	26,134,000,000	25,913,000,000	26,813,000,000	27,244,000,000	28,637,000,000	29,532,000,000	34,351,000,000	40,606,000,000	45,342,000,000	50,637,000,000	50,839,000,000	51,115,000,000	52,765,000,000	40,846,000,000	40,020,000,000	41,582,000,000	43,326,000,000	43,548,000,000	43,470,000,000	42,605,000,000	41,117,000,000	39,866,000,000	38,537,000,000	34,550,000,000	31,863,000,000	29,971,000,000	30,677,000,000	29,686,000,000	28,141,000,000	27,057,000,000	25,723,000,000	31,908,000,000	42,655,000,000	43,780,000,000	42,985,000,000	41,456,000,000	40,271,000,000	38,031,000,000	35,978,000,000	35,063,000,000	34,232,000,000	33,518,000,000	30,765,000,000		29,523,000,000	29,270,000,000	30,676,000,000		28,590,000,000	27,304,000,000	27,577,000,000	27,162,000,000
liabilities held for sale																																						202,000,000	205,000,000
commitments and contingencies
derivatives, at fair value																																								54,000,000	43,000,000	690,000,000	924,000,000	1,706,000,000	1,993,000,000
oil and gas, based on full-cost accounting:
other																																														9,204,000,000	8,956,000,000	8,801,000,000	6,050,000,000	5,839,000,000	5,792,000,000	5,630,000,000	5,643,000,000	5,545,000,000	5,341,000,000	5,098,000,000	4,778,000,000	4,732,000,000	4,609,000,000	4,330,000,000	4,229,000,000																												-1,000,000
short-term investments																																																		869,000,000	1,226,000,000	2,343,000,000	2,164,000,000	944,000,000	1,282,000,000	1,503,000,000	1,231,000,000	3,367,000,000	1,636,000,000																574,000,000	124,000,000	332,000,000	734,000,000	680,000,000	791,000,000	549,000,000	1,033,000,000	967,000,000
current liabilities associated with assets held for sale																																																								48,000,000	50,000,000	43,000,000	264,000,000	377,000,000	548,000,000	303,000,000	234,000,000				13,000,000	12,000,000	16,000,000	173,000,000	145,000,000	190,000,000	138,000,000	222,000,000	5,000,000
liabilities associated with assets held for sale																																																									2,000,000	2,000,000	34,000,000	69,000,000	189,000,000	208,000,000									404,000,000	445,000,000	428,000,000	450,000,000	25,000,000
accounts payable — trade																																																									1,512,000,000	1,365,000,000	1,353,000,000	1,192,000,000	1,133,000,000	1,199,000,000	1,137,000,000	1,113,000,000	1,074,000,000	1,261,000,000	1,819,000,000	1,559,000,000		1,440,000,000	1,360,000,000				1,190,000,000
revenues and royalties due to others																																																									659,000,000	669,000,000	639,000,000	517,000,000	466,000,000	546,000,000	486,000,000	368,000,000	377,000,000	373,000,000	496,000,000	775,000,000	966,000,000	695,000,000	578,000,000	529,000,000	509,000,000	476,000,000	529,000,000	524,000,000	492,000,000	500,000,000		519,000,000	470,000,000	451,000,000		430,000,000	420,000,000	380,000,000
common stock of 0.10 par value. authorized 1.0 billion shares; issued 408.0 million and 431.9 million shares in 2011 and 2010, respectively																																																									41,000,000
common stock of 0.10 par value. authorized 1.0 billion shares; issued 418.3 million and 431.9 million shares in 2011 and 2010, respectively																																																										42,000,000
common stock of 0.10 par value. authorized 1.0 billion shares; issued 425.2 million and 431.9 million shares in 2011 and 2010, respectively																																																											43,000,000
common stock of 0.10 par value. authorized 1.0 billion shares; issued 432.2 million and 446.7 million shares in 2010 and 2009, respectively																																																												43,000,000
common stock of 0.10 par value. authorized 1.0 billion shares; issued 440.4 million and 446.7 million shares in 2010 and 2009, respectively																																																													44,000,000
derivative financial instruments																																																														733,000,000
property and equipment, at cost, based on the full cost method of accounting for oil and gas properties																																																														61,392,000,000	60,475,000,000	61,375,000,000	59,086,000,000	56,784,000,000	55,657,000,000	53,750,000,000	51,953,000,000	49,816,000,000	48,473,000,000	46,546,000,000	43,992,000,000	41,536,000,000	41,889,000,000	41,247,000,000	39,773,000,000	35,673,000,000	34,246,000,000	33,313,000,000	31,819,000,000	32,795,000,000	32,114,000,000	30,884,000,000	29,704,000,000	29,177,000,000	28,546,000,000	27,368,000,000	26,598,000,000	20,098,000,000
current portion of asset retirement obligations																																																														90,000,000
common stock of 0.10 par value. authorized 1.0 billion shares; issued 446.8 million and 446.7 million shares in 2010 and 2009, respectively																																																														45,000,000
derivative financial instruments, at fair value																																																															211,000,000	131,000,000	226,000,000	327,000,000	282,000,000		2,125,000,000	775,000,000
other long-term assets, including 246 million and 199 million at fair value in 2009 and 2008, respectively																																																															747,000,000
current portion of asset retirement obligations, at fair value																																																															95,000,000	108,000,000	175,000,000	157,000,000	138,000,000
other current liabilities, including 38 million at fair value in 2009																																																															418,000,000
asset retirement obligations, at fair value																																																															1,418,000,000	1,511,000,000	1,411,000,000	1,340,000,000	1,347,000,000
liabilities associated with assets held for sale, including 109 million and 98 million at fair value in 2009 and 2008, respectively																																																															213,000,000
common stock of 0.10 par value. authorized 1.0 billion shares; issued 446.7 million and 443.7 million shares in 2009 and 2008, respectively																																																															45,000,000
accumulated other comprehensive income																																																															1,385,000,000	1,182,000,000	686,000,000	241,000,000	383,000,000	1,762,000,000	2,131,000,000	2,043,000,000	2,405,000,000	2,339,000,000	1,791,000,000	1,159,000,000	1,444,000,000	1,796,000,000	1,772,000,000	1,416,000,000	1,414,000,000	1,343,000,000	882,000,000	858,000,000	930,000,000	451,000,000	283,000,000	409,000,000	569,000,000	368,000,000	249,000,000
other long-term assets, including 167 million and 199 million at fair value in 2009 and 2008, respectively																																																																731,000,000
other current liabilities, including 7 million at fair value in 2009																																																																309,000,000
common stock of 0.10 par value. authorized 1.0 billion shares; issued 444.1 million and 443.7 million shares in 2009 and 2008, respectively																																																																44,000,000
other long-term assets, including 180 million and 199 million at fair value in 2009 and 2008, respectively																																																																	683,000,000
accrued expenses and other current liabilities																																																																	358,000,000	370,000,000	452,000,000	410,000,000	410,000,000	398,000,000	282,000,000	325,000,000	273,000,000	321,000,000	338,000,000	328,000,000	124,000,000	62,000,000	171,000,000	160,000,000	192,000,000	285,000,000	158,000,000	151,000,000	117,000,000	103,000,000	142,000,000	99,000,000	131,000,000	76,000,000
common stock of 0.10 par value. authorized 1.0 billion shares; issued 443.9 million and 443.7 million shares in 2009 and 2008, respectively																																																																	44,000,000	44,000,000
other long-term assets, including 177 million and 199 million at fair value in 2009 and 2008, respectively																																																																		622,000,000
short-term investments, at fair value																																																																				1,000,000	1,000,000	23,000,000	372,000,000	341,000,000	315,000,000	275,000,000
investment in chevron corporation common stock, at fair value																																																																				1,170,000,000	1,406,000,000	1,211,000,000	1,324,000,000	1,327,000,000	1,195,000,000	1,049,000,000	1,043,000,000	920,000,000	880,000,000	822,000,000	805,000,000	918,000,000	793,000,000
other long-term assets, including 199 million at fair value in 2008																																																																			652,000,000
debentures exchangeable into shares of chevron corporation common stock																																																																					621,000,000	620,000,000	641,000,000	638,000,000	737,000,000	732,000,000	727,000,000	723,000,000	718,000,000	713,000,000	709,000,000	705,000,000	700,000,000
other long-term debt																																																																			5,661,000,000	4,837,000,000	4,829,000,000	5,751,000,000	6,283,000,000	5,235,000,000	4,837,000,000	4,839,000,000	4,841,000,000	5,239,000,000	5,238,000,000	5,241,000,000	5,248,000,000	5,252,000,000	5,917,000,000	6,312,000,000	6,339,000,000	6,582,000,000	6,811,000,000	7,274,000,000	7,903,000,000	7,908,000,000	7,830,000,000	6,709,000,000
preferred stock of 1.00 par value. authorized 4.5 million shares; issued 1.5 million shares (150 million aggregate liquidation value) in 2007
common stock of 0.10 par value. authorized 1.0 billion shares; issued 443.7 million and 444.2 million shares in 2008 and 2007, respectively																																																																			44,000,000
other current assets, including 142 million at fair value in 2008																																																																				427,000,000
other long-term assets, including 158 million at fair value in 2008																																																																				631,000,000
current portion of asset retirement obligation, at fair value																																																																				115,000,000	63,000,000	68,000,000	82,000,000		45,000,000	55,000,000
asset retirement obligation, at fair value																																																																				1,456,000,000	1,430,000,000	1,377,000,000	1,236,000,000	1,246,000,000	1,214,000,000	1,152,000,000
long-term liabilities associated with assets held for sale																																																																				1,000,000	24,000,000	428,000,000
common stock of 0.10 par value. authorized 1.0 billion shares; issued 441.4 million and 444.2 million shares in 2008 and 2007, respectively																																																																				44,000,000
other long-term assets, including 126 million at fair value in 2008																																																																					592,000,000
accounts payable – trade																																																																					1,525,000,000			1,268,000,000	1,139,000,000	1,236,000,000
other short-term debt
common stock of 0.10 par value. authorized 1.0 billion shares; issued 444.9 million and 444.2 million shares in 2008 and 2007, respectively																																																																					44,000,000
preferred stock of 1.00 par value. authorized 4,500,000 shares; issued 1,500,000																																																																						1,000,000	1,000,000	1,000,000	1,000,000	1,000,000	1,000,000				1,000,000				1,000,000				1,000,000
common stock of 0.10 par value. authorized 800,000,000 shares; issued 445,645,000 in 2008 and 444,214,000 in 2007																																																																						45,000,000
other assets																																																																							455,000,000	418,000,000	380,000,000	364,000,000	322,000,000	457,000,000	451,000,000	424,000,000	425,000,000	395,000,000	378,000,000	381,000,000	417,000,000	374,000,000	374,000,000	360,000,000	360,000,000	338,000,000	340,000,000	272,000,000
accrued interest payable																																																																							109,000,000	191,000,000	119,000,000	81,000,000	114,000,000	79,000,000	127,000,000	82,000,000	127,000,000	94,000,000	144,000,000	97,000,000	139,000,000	91,000,000	136,000,000	90,000,000	130,000,000	95,000,000	147,000,000	74,000,000
financial instruments, at fair value																																																																							488,000,000	495,000,000	445,000,000	309,000,000
other liabilities																																																																							699,000,000	622,000,000	666,000,000	630,000,000	598,000,000	534,000,000	370,000,000	371,000,000	372,000,000	363,000,000	377,000,000	379,000,000	366,000,000	350,000,000	354,000,000	350,000,000	349,000,000	404,000,000	395,000,000	321,000,000
common stock of 0.10 par value. authorized 800,000,000 shares; issued 444,214,000 in 2007 and 444,040,000 in 2006																																																																							44,000,000
common stock of 0.10 par value. authorized 800,000,000 shares; issued 444,699,000 in 2007 and 444,040,000 in 2006																																																																								45,000,000
common stock of 0.10 par value. authorized 800,000,000 shares; issued 445,869,000 in 2007 and 444,040,000 in 2006																																																																									45,000,000
common stock of 0.10 par value. authorized 800,000,000 shares; issued 444,814,000 in 2007 and 444,040,000 in 2006																																																																										44,000,000
fair value of derivative financial instruments																																																																											6,000,000	204,000,000	183,000,000	16,000,000	18,000,000				1,000,000	7,000,000
current portion of asset retirement obligation																																																																											61,000,000	45,000,000	73,000,000	51,000,000	50,000,000	56,000,000	49,000,000	68,000,000	46,000,000	42,000,000	41,000,000	38,000,000	42,000,000	32,000,000	33,000,000
asset retirement obligation																																																																											833,000,000															469,000,000
common stock of 0.10 par value. authorized 800,000,000 shares; issued 444,040,000 in 2006 and 443,488,000 in 2005																																																																											44,000,000
accounts payable:
trade																																																																												1,133,000,000	1,137,000,000	1,139,000,000		970,000,000	900,000,000	937,000,000		680,000,000	688,000,000	769,000,000
asset retirement obligation, long-term																																																																												864,000,000	766,000,000	634,000,000	618,000,000	617,000,000	667,000,000	685,000,000	693,000,000	684,000,000	658,000,000	633,000,000	629,000,000	619,000,000	612,000,000
preferred stock of 1.00 par value.
authorized 4,500,000 shares; issued 1,500,000																																																																												1,000,000	1,000,000	1,000,000		1,000,000	1,000,000	1,000,000		1,000,000	1,000,000	1,000,000
common stock of 0.10 par value.
authorized 800,000,000 shares; issued 442,010,000 in 2006 and 443,488,000 in 2005																																																																												44,000,000
preferred stock of 1.00 par value
common stock of 0.10 par value
authorized 800,000,000 shares; issued 441,358,000 in 2006 and 443,488,000 in 2005																																																																													44,000,000
current portion of long-term debt																																																																														665,000,000	662,000,000	900,000,000	906,000,000	932,000,000	933,000,000	685,000,000	412,000,000	763,000,000	338,000,000	340,000,000	575,000,000	211,000,000
authorized 800,000,000 shares; issued 440,292,000 in 2006 and 443,488,000 in 2005																																																																														44,000,000
deferred compensation and other																																																																															-138,000,000	-66,000,000	-72,000,000	-78,000,000	-85,000,000	-25,000,000	-26,000,000	-30,000,000	-32,000,000
authorized 800,000,000 shares; issued 454,716,000 in 2005 and 483,909,000 in 2004																																																																																45,000,000
authorized 800,000,000 shares; issued 453,218,000 in 2005 and 483,909,000 in 2004																																																																																	45,000,000
investment in chevrontexaco corporation common stock, at fair value																																																																																		827,000,000	745,000,000	761,000,000	667,000,000	623,000,000	613,000,000	507,000,000		459,000,000
debentures exchangeable into shares of chevrontexaco corporation common stock																																																																																		696,000,000	692,000,000	688,000,000	684,000,000	680,000,000	677,000,000	673,000,000	669,000,000	666,000,000
authorized 800,000,000 shares; issued 473,735,159 in 2005 and 483,909,000 in 2004																																																																																		47,000,000
preferred stock of a subsidiary																																																																																							55,000,000	55,000,000	55,000,000
investments and other current assets																																																																																				151,000,000	34,000,000	42,000,000	49,000,000	63,000,000	57,000,000	46,000,000
authorized 800,000,000 shares; issued 245,853,000 in 2004 and 239,767,000 in 2003																																																																																				25,000,000
inventories																																																																																					68,000,000	70,000,000	72,000,000	77,000,000	71,000,000	31,000,000
fair value of financial instruments																																																																																						18,000,000	13,000,000	20,000,000	11,000,000	5,000,000
deferred revenue																																																																																					28,000,000	42,000,000	56,000,000	70,000,000	88,000,000
authorized 800,000,000 shares; issued 244,328,000 in 2004 and 239,767,000 in 2003																																																																																					24,000,000
merger related expenses payable																																																																																						14,000,000	21,000,000	21,000,000	58,000,000	10,000,000
authorized 800,000,000 shares; issued 242,379,000 in 2004 and 239,767,000 in 2003																																																																																						24,000,000
assets of discontinued operations
investment in chevrontexaco corporation common stock at fair value																																																																																									512,000,000
unamortized restricted stock awards																																																																																										-2,000,000

Cashflow Statements:

Quarterly

Annual

Unit: USD	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-03-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-06-30	2012-03-31	2010-03-31	2008-12-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	2005-09-30	2005-06-30	2005-03-31	2004-12-31	2004-09-30	2004-06-30	2004-03-31	2003-12-31	2003-09-30	2003-06-30	2003-03-31

cash flows from operating activities:
net earnings	1,988	-224	408	509	2,117	-30	246	609	2,862	222	-305	1,003	4,137	-38	943	995	2,832,999,156	583	45	216	-2,581	578			-353,000,109	-386			661	2,898	-182	-153	-246,998,922	-204,000,000		-4,912,000,000	-3,909,000,000	-2,793,000,000	-3,589,000,000	-379,000,000	329,000,000	429,000,000	683,000,000	-1,339,000,000	-357,000,000	870,000,000	393,000,000		-6,816,000,000	1,316,000,000	735,000,000	904,000,000	651,000,000	582,000,000	705,000,000	859,000,000	700,000,000	970,000,000	744,000,000	653,000,000	563,000,000
adjustments to reconcile net earnings to net cash from operating activities:
depreciation, depletion and amortization	2,716	-35	2	912	2,461	26	46	722	1,903	13	23	615	1,642	53	39	489	2,157,999,422	42	69	467	1,001	0	-102	401	1,496,999,598	8	-65	459	1,242	-4	-117	537	-399,997,926	19,000,000	542,000,000	641,000,000	744,000,000	814,000,000	930,000,000	910,000,000	739,000,000	691,000,000	674,000,000	704,000,000	731,000,000	1,364,000,000	680,000,000	489,000,000	1,043,000,000	775,000,000	756,000,000	694,000,000	633,000,000	646,000,000	648,000,000	599,000,000	549,000,000		533,000,000	535,000,000	579,000,000
asset impairments				254																				2,666					154	-152			-1,999,983		3,035,000,000	5,341,000,000	5,851,000,000	4,168,000,000	5,460,000,000			7,000,000	40,000,000	1,913,000,000	896,000,000
leasehold impairments	10	-6	2	5	4	0			4	-2			10	-5	6	1	3,999,999	0	0	1	116	33	-107	110	17,999,987	12	0	1	80	-38	45	8
accretion (amortization) of liabilities					6
total gains on commodity derivatives	-322
cash settlements on commodity derivatives	182	-17	77	-10	136	7	30	24	58	-48	24	13	-993	109	-128	-344	-1,461,999,630	-3	-135	-232	306	-222	131	101	165,999,929	48	66	-43	7	40	-142	11	-23,999,947	13,000,000
losses on asset dispositions	-306	270	-309	2
deferred income tax expense	221	245	-23	41	147	125	-1	40	363	-106	39	80	734	140	141	164	48,999,881	95							-25,000,053	-16							13,999,706			-480,000,000	-1,708,000,000	-1,593,000,000	-2,047,000,000	1,091,000,000	208,000,000	260,000,000	182,000,000	-623,000,000	-188,000,000	405,000,000	179,000,000	215,000,000		126,000,000	221,000,000	156,000,000	75,000,000	174,000,000	86,000,000	-13,000,000	123,000,000		192,000,000	80,000,000	-2,000,000		133,000,000	72,000,000	79,000,000
share-based compensation	75	1	-7	30	75	-3	3	24	71	-3	2	23	66	-1	3	20	98,999,981	-1	-21	41	57	12	-1	20	114,999,977	0	-25	48	130	-27	14	44	-32,999,802	-10,000,000
other	-22	-50	27	-22	7			3	-3	0	-4	2	-18	4	25	-21	14,999,989	9			4	-3			-6,000,002	0	12	-10	-47	62	-46	26	84,999,878	-36,000,000	-1,000,000	-8,000,000	-3,000,000	-8,000,000	3,000,000	2,000,000	37,000,000	1,000,000	84,000,000	-2,000,000	-4,000,000	14,000,000	-1,000,000												10,000,000	17,000,000	12,000,000		10,000,000	27,000,000	8,000,000
changes in assets and liabilities	213	-196	17	117	-233	217	-371	170	-83	79	-152	12	9	-433	341	-143	-116,000,068	51	144	-127	-153	157	-43	-56	-82,000,013	72	243	-302	-92	82	-139	6
net cash from operating activities	5,021	145	-397	1,942	4,937	128	-203	1,738	4,819	320	-272	1,677		-574	841	1,837																804	-775,997,091	-34,000,000	149,000,000	1,081,000,000	1,553,000,000	1,101,000,000	1,648,000,000	963,000,000	1,410,000,000	1,601,000,000	1,396,000,000	1,002,000,000	1,143,000,000	2,452,000,000	1,026,000,000	1,495,000,000	1,227,000,000	1,542,000,000	1,760,000,000	1,832,000,000	1,517,000,000	1,111,000,000	2,064,000,000	1,296,000,000	1,522,000,000		1,267,000,000	997,000,000	1,388,000,000		1,332,000,000	1,137,000,000	1,223,000,000
cash flows from investing activities:
capital expenditures	-2,722	86	-22	-934	-2,768	71	-54	-894	-3,001	197	-67	-1,012		-55	-36	-537																-832	734,997,241	-14,000,000	-749,000,000	-1,079,000,000	-1,080,000,000	-1,432,000,000	-1,717,000,000	-1,975,000,000	-1,583,000,000	-1,650,000,000	-1,643,000,000	-1,926,000,000	-1,997,000,000	-4,267,000,000	-2,088,000,000	-1,247,000,000	-3,196,000,000	0	0	0	-1,484,000,000	0	0	-3,398,000,000	-1,317,000,000		-947,000,000	-1,109,000,000	-867,000,000		-747,000,000	-765,000,000	-890,000,000
free cash flows	2,299	231	-419	1,008	2,169	199	-257	844	1,818	517	-339	665		-629	805	1,300																-28	-40,999,850	-48,000,000	-600,000,000	2,000,000	473,000,000	-331,000,000	-69,000,000	-1,012,000,000	-173,000,000	-49,000,000	-247,000,000	-924,000,000	-854,000,000	-1,815,000,000	-1,062,000,000	248,000,000	-1,969,000,000	1,542,000,000	1,760,000,000	1,832,000,000	33,000,000	1,111,000,000	2,064,000,000	-2,102,000,000	205,000,000		320,000,000	-112,000,000	521,000,000		585,000,000	372,000,000	333,000,000
acquisitions of property and equipment	-125	-181	-8	-8	-206	-3,520	-74	-8	-41	-5	-5	-13	-118	-2,365	-99	-1	-17,999,990	-5					3	-4	-30,999,995	8	-2	-11	-36	-9	-4	-6
divestitures of property, equipment and investments	507	-334
grayson mill acquired cash					0
distributions from investments	31	-4	2	9	55	2	0	11	25	-2	1	8	32
contributions to investments and other	-60	6	-6	-2	-88	-29	46	-47
net cash from investing activities	-2,369	-427	205	-802	-2,983	-3,330	-98	-921	-3,045	205	-69	-1,033		-2,428	-144	-526																-790	532,997,790	126,000,000	-2,359,000,000	-1,592,000,000	-1,169,000,000	-1,447,000,000	-2,116,000,000	-2,262,000,000	-7,282,000,000	-498,000,000	-1,197,000,000	-782,000,000	-2,110,000,000	-2,772,000,000	-1,810,000,000	-89,000,000	-2,911,000,000	-1,356,000,000	-1,549,000,000	-1,596,000,000	-1,213,000,000	-1,895,000,000	-1,213,000,000	-2,989,000,000	-1,352,000,000		-1,200,000,000	1,104,000,000	-501,000,000		-747,000,000	-756,000,000	-879,000,000
cash flows from financing activities:
borrowings of long-term debt, net of issuance costs					0																											801	-412,997,624	-569,000,000	396,000,000	1,444,000,000	277,000,000	2,094,000,000	957,000,000
repayments of long-term debt	0				0				0										-177	-533													570,997,882	227,000,000	-259,000,000	-861,000,000	-252,000,000	-1,034,000,000	-487,000,000
repurchases of common stock	-800	-1	52	-301	-762	-39	-51	-205			289	-517	-592	198	-113	-211								-38	-1,848,999,439	-374	812	-999	-1,258	-1,270	-357	-71																	0	-193,000,000	-123,000,000
dividends paid on common stock	-468	5	7	-163	-665	-49	76	-299	-1,546	150	134	-596	-2,372	-177	-163	-667	-1,314,999,671	-100	-26	-203	-214	-1	-8	-34	-139,999,965	2	-3	-34	-111	4	-10	-32	29,999,873	3,000,000	-125,000,000	-100,000,000	-99,000,000	-98,000,000	-99,000,000	-99,000,000	-90,000,000	-89,000,000	-89,000,000	-81,000,000	-82,000,000	-162,000,000	-80,000,000	-72,000,000			-62,000,000	-62,000,000	-62,000,000	-51,000,000	-49,000,000	-50,000,000	-49,000,000	-33,000,000	-33,000,000	-34,000,000	-36,000,000	-24,000,000	-25,000,000	-24,000,000	-24,000,000	-11,000,000	-12,000,000	-8,000,000	-8,000,000
contributions from noncontrolling interests				14	32	8	0	12	27	2							3,999,999	-2			20	-5	1	5								23	-17,999,943	10,000,000
distributions to noncontrolling interests			-5	-9	-41	9	-12	-7	-36	4	-2	-11	-21	-4	3	-8	-20,999,994	-1	-1	-4	-10	-1	0	-3								-102	83,999,646	-2,000,000	-73,000,000	-68,000,000	-68,000,000	-65,000,000	-53,000,000	-48,000,000	-100,000,000
acquisition of noncontrolling interests	0																			-24
repayment of finance leases
shares exchanged for tax withholdings and other	-24	4	14	-19	-50	11	33	-42			78	-87	-85	11	61	-73	-44,999,997	6
net cash from financing activities	-1,583	-723	328	-752	-1,486	2,687	46	-541	-2,631	151	507	-1,211		28	-212	-959																-1,213	-156,999,991	66,000,000	1,509,000,000	1,046,000,000	-300,000,000	210,000,000	892,000,000	-615,000,000	1,844,000,000	-171,000,000	-2,089,000,000	430,000,000	274,000,000	828,000,000	1,048,000,000	-1,253,000,000	941,000,000	-241,000,000	115,000,000	139,000,000	-384,000,000	355,000,000	-683,000,000	1,204,000,000	-283,000,000		-1,235,000,000	-1,372,000,000	-538,000,000		4,000,000	-707,000,000	-129,000,000
effect of exchange rate changes on cash					-4	2	1	-2	5	-4				-5	-7	2					-13	-4	31	-23	45,000,003	-40						-15	-11,999,994	4,000,000	26,000,000	-12,000,000	-22,000,000	3,000,000	-46,000,000	-14,000,000	-11,000,000	25,000,000	-22,000,000	-12,000,000	-8,000,000	38,000,000	9,000,000	18,000,000	-69,000,000	7,000,000	28,000,000	14,000,000	2,000,000	-11,000,000	-2,000,000	25,000,000	1,000,000	4,000,000	36,000,000	-1,000,000	-2,000,000	29,000,000	25,000,000	-8,000,000	-7,000,000	22,000,000	1,000,000	28,000,000	8,000,000
net change in cash, cash equivalents and restricted cash	1,069	-1,006	137	388	464	-513	-254	274	-852	672	168	-567	1,330	-2,979	478	354	33,999,218	1,121	20	-359	165	286	59	-117	-601,997,803	-4,695	3,589	-1,091	-1,834	1,541	1,269	-1,214
cash, cash equivalents and restricted cash at beginning of period	-913	525	388	846	-294	20	274	875	966	-399	-567	1,454	-1,186	832	354	2,271	2,236,998,461	-339	-359	2,237	175	-58	-117	1,844	2,445,996,147	2,498	-1,091	2,446	1,159	55	-1,214	2,684
cash, cash equivalents and restricted cash at end of period	156	-481	525	1,234	170	-493	20	1,149	114	273	-399	887	144	-2,147	832	2,625	2,270,997,679	782	-339	1,878	340	228	-58	1,727	1,843,998,344	-2,197	2,498	1,355	-675	1,596	55	1,470
reconciliation of cash, cash equivalents and restricted cash:
cash and cash equivalents	155	-484	515	1,198	166	-495	14	1,126	199	282	-389	761	148	-2,134	841	2,459	2,098,997,856	796	-335	1,683	340	233	-53	1,527	1,463,998,625	-2,095	2,143	1,327	-688	1,642	36	1,424
restricted cash	1	3	10	36	4	2	6	23	-85	-9	-10	126	-4	-13	-9	166	171,999,823	-14	-4	195
total cash, cash equivalents and restricted cash	156	-481	525	1,234	170	-493	20	1,149	114	273	-399	887	144	-2,147	832	2,625	2,270,997,679	782	-339	1,878	340	228	-58	1,727	1,843,998,344	-2,197	2,498	1,355	-675	1,596	55	1,470
accretion of liabilities		1	-3	6
repayment of finance lease				-274
total losses on commodity derivatives			-334	98	206	-204	-168	145							-513	683												709
divestitures of property and equipment				133			-16	17	25	0	-20	21	35	-5	-17	26	78,999,999	-48	34	15	33	-2	-22	25	389,999,993	-21	-283	311	924	-471	512	48	-208,999,583	133,000,000	18,000,000	72,000,000	27,000,000	6,000,000	2,000,000
amortization of liabilities									-14	6	-1	-7		1	-3	-6
gains on asset dispositions								1							-13	-1			-55	-32								-44
early retirement of debt																			-37	27												312
wpx acquired cash																				344
total (gains) losses on commodity derivatives												-64	906				1,543,999,665	-368	175	528			1,081	-720	454,000,127	13			-884	-221	456	41
contributions to investments												-37	-60
net income from discontinued operations, net of income taxes
(amortization) accretion of liabilities																	-26,999,993	0	47	-54
net cash from operating activities - continuing operations																	4,898,998,402	505	501	592	1,037	277	-379	529	2,042,999,403	109	111	377	1,421	538
net cash from investing activities - continuing operations																	-1,573,999,526	-22	-322	-130	-924	102	99	-404	-1,550,999,466	-55	-231	-248	-965	-476
net cash from financing activities - continuing operations																	-3,291,999,663	645	-158	-824	-260	-7	48	-87	-2,060,999,403	-370	994	-1,221	-2,626	-1,284
effect of exchange rate changes on cash - continuing operations																	1,000,005	-7	-1	3								1
net change in cash, cash equivalents and restricted cash - continuing operations
cash flows from discontinued operations:
operating activities																					-155	88	88	-131	28,000,096	-231			430	-190
investing activities																					480	-170	172	-1	2,471,999,993	-2,537			-402	3,172
financing activities																									-1,577,998,429				112	-2
net change in cash, cash equivalents and restricted cash of discontinued operations																					312	-86	291	-155	967,001,663	-4,379			140	2,980
distributions from equity method investments															7	8	34,999,991	1	-2	10
contributions to equity method investments															1	-22
net change in cash, cash equivalents and restricted cash of continuing operations																	33,999,218	1,121	20	-359	-147	372	-232	38	-1,568,999,466	-316	873	-1,091	-1,974	-1,439
net (earnings) income from discontinued operations, net of income taxes																							-134	125	273,999,970
deferred income tax benefit																				-243				-311				-107							-207,000,000
shares exchanged for tax withholdings																				-33				-17	-24,999,999	2	23	-26	-45	3	37	-43	2,999,932
accretion on discounted liabilities																					24	0	0	8	32,999,990	0	-7	17	46	0	-1	16
net (earnings) loss from discontinued operations, net of income taxes
cash restricted for discontinued operations																						-5	-5	200	379,999,720	-90
restricted cash included in other current assets																										-12	-15	28	13	-9	-18	46
net income																								-1,815				-317							-3,468,000,000
adjustments to reconcile net income to net cash from operating activities:
cash and cash equivalents included in current assets associated with discontinued operations
(gains) losses on asset dispositions																										-1				-29
repayments of long-term debt principal																												-162	-901			-1,236
net earnings from discontinued operations, net of income tax expense
total (gains) losses on foreign exchange																												-34	167	-59
cash and cash equivalents included in current assets held for sale
net (earnings) income from discontinued operations, net of income tax expense
settlements of intercompany foreign denominated assets/liabilities
net short-term debt repayments																																				625,000,000	-169,000,000			933,000,000		-82,000,000
issuance of common stock																																			1,469,000,000
effect of exchange rate changes on cash:
total effect of exchange rate changes on cash - continuing operations																													196	-217
earnings from discontinued operations, net of tax																														-2,124																	21,000,000		-17,000,000	-212,000,000	-91,000,000
gain on asset dispositions																																-12
deferred income taxes																																-32
proceeds from sale of investment
payment of installment payable																																-250
issuance of subsidiary units																																1	-413,999,499	397,000,000	727,000,000	12,000,000	9,000,000	2,000,000	2,000,000
exploratory dry hole expense and unproved leasehold impairments
gains and losses on asset sales																																	-1,000,217				3,000,000			0
commodity derivatives																																	-144,000,157	270,000,000
other derivatives and financial instruments																																	-8,999,977	-7,000,000
cash settlements on other derivatives and financial instruments
asset retirement obligation accretion																																	-15,999,938	2,000,000
net change in working capital																																	-6,999,979	-65,000,000	198,000,000	-394,000,000	67,000,000	-189,000,000	215,000,000	-716,000,000	-152,000,000
change in long-term other assets																																	-2,000,046	-7,000,000	53,000,000	74,000,000	52,000,000	18,000,000	141,000,000	-306,000,000	-88,000,000
change in long-term other liabilities																																	10,000,006	-12,000,000	-27,000,000	68,000,000	36,000,000	-134,000,000	24,000,000	32,000,000	13,000,000
acquisitions of property, equipment and businesses																																	5,999,954	7,000,000	-1,627,000,000	-577,000,000	-113,000,000	-13,000,000	-404,000,000	-207,000,000
sale of subsidiary units																																				0	0	85,000,000	569,000,000
net change in cash and cash equivalents																																	-411,999,286	162,000,000	-675,000,000	523,000,000	62,000,000	-133,000,000	378,000,000	-1,928,000,000	-4,039,000,000	957,000,000	-1,912,000,000	638,000,000	-701,000,000
cash and cash equivalents at beginning of period																																	-2,368,998,041	250,000,000	2,310,000,000	0	0	0	1,480,000,000	0	6,066,000,000	0	0	4,637,000,000	0	5,555,000,000	5,555,000,000	1,011,000,000			0	0	756,000,000		0	0	1,606,000,000		0	0	1,152,000,000		0	0	1,273,000,000		0	0	292,000,000
cash and cash equivalents at end of period																																	-2,780,997,327	412,000,000	1,635,000,000	523,000,000	62,000,000	-133,000,000	1,858,000,000	-1,928,000,000	2,027,000,000	957,000,000	-1,912,000,000	5,275,000,000	-701,000,000	6,101,000,000	5,828,000,000	1,182,000,000			354,000,000	389,000,000	678,000,000		166,000,000	-464,000,000	1,494,000,000		-1,132,000,000	728,000,000	1,499,000,000		614,000,000	-334,000,000	1,481,000,000		116,000,000	90,000,000	634,000,000
gains on asset sales
shares traded for tax withholdings
amortization of stock-based compensation
taxes for share-based compensation
derivatives and other financial instruments																																			194,000,000	-132,000,000	-481,000,000	305,000,000	-430,000,000	-2,027,000,000	307,000,000
cash settlements on derivatives and financial instruments																																			-104,000,000	775,000,000	730,000,000	464,000,000	719,000,000	305,000,000	-54,000,000
redemptions of long-term investments																																								0	57,000,000							8,000,000
other noncash charges																																			-67,000,000	102,000,000	168,000,000	42,000,000	225,000,000	100,000,000	108,000,000	30,000,000	93,000,000	83,000,000	104,000,000	114,000,000	54,000,000	57,000,000	-30,000,000	52,000,000	30,000,000	20,000,000	75,000,000
net short-term debt borrowings																																			-626,000,000						257,000,000
purchases of short-term investments																																										0	-205,000,000	-871,000,000	-1,137,000,000	-1,471,000,000	-827,000,000		0	-275,000,000	-70,000,000	-165,000,000	-424,000,000	-527,000,000	-170,000,000	-1,203,000,000	-495,000,000	-519,000,000	-736,000,000	-1,618,000,000	-1,147,000,000
redemptions of short-term investments																																										869,000,000	562,000,000	1,988,000,000	958,000,000	2,030,000,000	1,048,000,000
stock option exercises																																				0	0
net borrowings of short-term debt																																							15,000,000
income from discontinued operations, net of tax
adjustments to reconcile earnings from continuing operations to net cash from operating activities:
cash from operating activities – continuing operations																																										1,601,000,000	1,396,000,000	1,002,000,000		2,426,000,000	1,000,000,000				1,587,000,000
cash from operating activities – discontinued operations																																														26,000,000	26,000,000				173,000,000
proceeds from property and equipment divestitures																																								-82,000,000	142,000,000	282,000,000	5,000,000	29,000,000	71,000,000	864,000,000		1,257,000,000
cash from investing activities – continuing operations																																										-498,000,000	-1,197,000,000	-782,000,000			-1,868,000,000				-1,511,000,000
cash from investing activities – discontinued operations																																															58,000,000				-38,000,000
proceeds from borrowings of long-term debt, net of issuance costs																																								1,182,000,000	3,346,000,000				-7,000,000	2,465,000,000																				-1,000,000	548,000,000	0	50,000,000
long-term debt repayments																																								-2,924,000,000	-1,577,000,000
proceeds from stock option exercises																																								1,000,000	11,000,000	0			2,000,000	22,000,000	20,000,000	8,000,000	7,000,000				23,000,000
proceeds from issuance of subsidiary units																																								338,000,000
gain on asset sales
acquisition of geosouthern																																									-5,935,000,000
excess tax benefits related to share-based compensation																																									1,000,000	0	2,000,000	3,000,000	0	1,000,000	1,000,000	3,000,000	2,000,000	24,000,000	3,000,000	12,000,000	5,000,000	22,000,000	7,000,000
unrealized change in fair value of financial instruments																																										166,000,000	-373,000,000	419,000,000	32,000,000	-362,000,000	22,000,000
credit facility borrowings																																													0	750,000,000	750,000,000		0
credit facility repayments																																													0	-750,000,000			0
net decrease (increase) in working capital
decrease in long-term other assets																																													-14,000,000	3,000,000
increase in long-term other liabilities																																											39,000,000	9,000,000	37,000,000
loss from discontinued operations, net of tax
net increase in working capital																																												-158,000,000			-321,000,000
increase in long-term other assets																																												-6,000,000			-12,000,000	-2,000,000
net short-term borrowings																																												508,000,000	361,000,000
(earnings) loss from discontinued operations, net of tax																																													0								-77,000,000
net decrease in working capital																																													-98,000,000	22,000,000		50,000,000
cash from operating activities - continuing operations
cash from operating activities - discontinued operations
cash from investing activities - continuing operations
cash from investing activities - discontinued operations
debt repayments
cash from investing activities—continuing operations																																														-2,830,000,000
cash from investing activities—discontinued operations																																														58,000,000
loss (earnings) from discontinued operations, net of tax																																														21,000,000
decrease in long-term other liabilities																																														-11,000,000	-16,000,000	-18,000,000
net short-term (repayments) borrowings																																														-1,498,000,000
net increase in cash and cash equivalents																																														546,000,000	273,000,000	171,000,000	-812,000,000	-48,000,000	354,000,000					-464,000,000	-112,000,000	511,000,000	-1,132,000,000	728,000,000	347,000,000	-268,000,000	614,000,000	-334,000,000	208,000,000	433,000,000	116,000,000	90,000,000	342,000,000
net commercial paper borrowings																																															357,000,000
reduction of carrying value of oil and gas properties																																																						-31,000,000	51,000,000	16,000,000	85,000,000
decrease (increase) in long-term other assets
cash from operating activities — continuing operations																																																1,341,000,000	1,194,000,000				1,400,000,000
cash from operating activities — discontinued operations																																																154,000,000	33,000,000				117,000,000
cash from investing activities — continuing operations																																																18,000,000	-2,912,000,000				-1,160,000,000
cash from investing activities — discontinued operations																																																-107,000,000	1,000,000				-53,000,000
cash and cash equivalents at beginning of period (including cash
related to assets held for sale)
cash and cash equivalents at end of period (including cash related
to assets held for sale)
earnings from continuing operations																																																1,074,000,000																	494,000,000	543,000,000	412,000,000	356,000,000	420,000,000
proceeds from exchange of chevron corporation common stock
net commercial paper (repayments) borrowings
redemption of preferred stock
dividends paid on common and preferred stock																																																	-73,000,000
net commercial paper repayments																																																-1,192,000,000
adjustments to reconcile earnings from continuing operations
to net cash from operating activities:
net unrealized gain on oil and gas derivative financial instruments																																																-524,000,000
net earnings from discontinued operations
proceeds from sales of property and equipment																																																	1,000,000	37,000,000	2,000,000	12,000,000	25,000,000	4,000,000	10,000,000
sales of long-term and short-term investments
net income (earnings) from discontinued operations
deferred income tax (benefit) expense
net unrealized loss on oil and gas derivative financial instruments
net unrealized (gain) loss on oil and gas derivative financial instruments
net gain on sales of non-oil and gas property and equipment																																																		0	0			0	0	0	-5,000,000		5,000,000
preferred stock redemption																																																	0
cash and cash equivalents at beginning of year
cash and cash equivalents at end of year
decrease in assets:
accounts receivable																																																		-317,000,000	-44,000,000	61,000,000	-29,000,000	-129,000,000	72,000,000	-14,000,000	283,000,000		-173,000,000	53,000,000	-44,000,000		19,000,000	-44,000,000	-117,000,000
other current assets																																																		27,000,000	-38,000,000	-17,000,000	-10,000,000	18,000,000	-38,000,000	-2,000,000	-15,000,000		-27,000,000	2,000,000	-8,000,000
other long-term assets
increase in liabilities:
accounts payable																																																		8,000,000	64,000,000	27,000,000	20,000,000	-104,000,000	89,000,000	1,000,000	-169,000,000		21,000,000	61,000,000	51,000,000		42,000,000	32,000,000	102,000,000
revenues and royalties due to others
income taxes payable																																																		-167,000,000	-39,000,000	-29,000,000	207,000,000	-199,000,000	124,000,000	-271,000,000	115,000,000		-41,000,000	-280,000,000	205,000,000		55,000,000	-37,000,000	194,000,000
other current liabilities																																																		-145,000,000	18,000,000	22,000,000	-118,000,000
other long-term liabilities
redemptions of short-term and long-term investments
principal payments on debt
supplementary cash flow data:
interest paid																																																		180,000,000	24,000,000	40,000,000	162,000,000
income taxes paid — continuing and discontinued operations
increase in assets:
income taxes paid – continuing and discontinued operations
changes in assets and liabilities:
increase in:
sales of short-term investments																																																		244,000,000	44,000,000	125,000,000	723,000,000	77,000,000	378,000,000	1,605,000,000	441,000,000	630,000,000	494,000,000	2,102,000,000	1,081,000,000
income taxes paid (received) — continuing and discontinued operations
long-term other assets																																																		-39,000,000	-7,000,000	-21,000,000	-25,000,000	-10,000,000	-50,000,000	12,000,000	-18,000,000		-7,000,000	3,000,000	32,000,000
debt, including current maturities
long-term other liabilities																																																		-1,000,000	-18,000,000	16,000,000	-2,000,000	2,000,000	161,000,000	-15,000,000	-6,000,000		-10,000,000	-23,000,000	1,000,000		-12,000,000	0	-13,000,000
capital expenditures, including acquisition of business
cash (provided by) used in investing activities — discontinued operations
net senior credit facility borrowings, net of issuance costs																																																		1,050,000,000
net commercial paper (repayments) borrowings, net of issuance costs																																																		-675,000,000	54,000,000
principal payments on debt, including current maturities																																																		-401,000,000					-652,000,000
income taxes paid																																																		295,000,000	134,000,000	183,000,000	-24,000,000
decrease in:
capital expenditures, including acquisitions of businesses																																																			-1,487,000,000															-782,000,000	-705,000,000	-588,000,000	-512,000,000
proceeds from exercise of stock options																																																			11,000,000				26,000,000	8,000,000	19,000,000
dividends paid on preferred stock																																																			-2,000,000	-3,000,000	-2,000,000	-3,000,000	-2,000,000	-3,000,000	-2,000,000	-3,000,000	-2,000,000	-3,000,000	-2,000,000	-3,000,000	-2,000,000	-3,000,000	-2,000,000	-3,000,000	-2,000,000	-3,000,000	-2,000,000
adjustments to reconcile net earnings from continuing operations to net cash from operating activities:
net commercial paper repayments, net of issuance costs																																																					-348,000,000
debt repayments, including current maturities
net decrease in cash and cash equivalents																																																					-78,000,000
less earnings from discontinued operations, net of tax
net commercial paper borrowings, net of issuance costs
other non-cash charges																																																							53,000,000
changes in assets and liabilities, net of effects of acquisitions of businesses:
accrued interest and expenses																																																							163,000,000	52,000,000	-160,000,000		-99,000,000	-36,000,000	82,000,000		-76,000,000	45,000,000	-98,000,000
proceeds from borrowings of debt, net of issuance costs																																																							-13,000,000
repurchase of common stock																																																							0	-1,000,000	-252,000,000	-134,000,000	-567,000,000	-1,005,000,000	-557,000,000
other non-cash charges to net earnings																																																									40,000,000
long-term debt, including current maturities																																																											0
proceeds from sale of property and equipment																																																									19,000,000	1,000,000	-11,000,000	1,729,000,000	432,000,000	75,000,000	0	9,000,000	11,000,000	139,000,000	9,000,000	5,000,000	26,000,000
principal payments on long-term debt																																																									-3,000,000	-235,000,000	-669,000,000			-1,000,000	-1,000,000	-760,000,000	-211,000,000	0	-738,000,000	-330,000,000	-50,000,000
excess tax benefits related to stock-based compensation																																																									4,000,000
issuance of common stock, net of issuance costs																																																										7,000,000	36,000,000	24,000,000	57,000,000	48,000,000	32,000,000	80,000,000	108,000,000	104,000,000	13,000,000	35,000,000	3,000,000
accretion of asset retirement obligation																																																											12,000,000	11,000,000	12,000,000		10,000,000	11,000,000	11,000,000
amortization of premiums on long-term debt																																																											0
effects of changes in foreign currency exchange rates																																																											-15,000,000				-21,000,000	9,000,000	6,000,000
non-cash change in fair value of derivative financial instruments
change in fair value of derivative financial instruments																																																												-18,000,000	52,000,000
accretion of discounts on long-term debt																																																													3,000,000		3,000,000	1,000,000	4,000,000
gain on sale of non-oil and gas property and equipment																																																													-150,000,000
discontinued operations
earnings before cumulative effect of change in accounting principle																																																															517,000,000
adjustments to reconcile earnings before cumulative effect of change in accounting principle to net cash from operating activities:
depreciation, depletion and amortization of property and equipment																																																															572,000,000	552,000,000	572,000,000
loss on sale of assets
changes in assets and liabilities, net of acquisitions of businesses:
investments and other current assets																																																															9,000,000	-32,000,000	1,000,000
change in fair value of derivative instruments																																																																11,000,000	-4,000,000
gain on sale of assets																																																																0	-4,000,000
inventories																																																																2,000,000	2,000,000
deferred revenue																																																																-14,000,000	-14,000,000
cash flows from operating activities
cash flows from investing activities
cash flows from financing activities
bond issuance
adjustments to reconcile net earnings to net cash provided by operating activities:

Devon Energy Corporation(NYSE:DVN)

Devon Energy Corporation
(NYSE:DVN)