DEVON ENERGY CORPDE
For the period ended Dec 31, 2024. Filed Feb 19, 2025.
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FY2024 · Filed Feb 19, 2025
DVN$42.40+0.5%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
ANCE SHEETS
| December 31, 2024 | December 31, 2023 | |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash, cash equivalents and restricted cash | $846 | $875 |
| Accounts receivable | 1,972 | 1,573 |
| Inventory | 294 | 249 |
| Other current assets | 315 | 460 |
| Total current assets | 3,427 | 3,157 |
| Oil and gas property and equipment, based on successful efforts accounting, net | 23,198 | 17,825 |
| Other property and equipment, net ($178 million and $136 million related to CDM in 2024 and 2023, respectively) | 1,813 | 1,503 |
| Total property and equipment, net | 25,011 | 19,328 |
| Goodwill | 753 | 753 |
| Right-of-use assets | 303 | 267 |
| Investments | 727 | 666 |
| Other long-term assets | 268 | 319 |
| Total assets | $30,489 | $24,490 |
| LIABILITIES AND EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $806 | $760 |
| Revenues and royalties payable | 1,432 | 1,222 |
| Short-term debt | 485 | 483 |
| Other current liabilities | 586 | 484 |
| Total current liabilities | 3,309 | 2,949 |
| Long-term debt | 8,398 | 5,672 |
| Lease liabilities | 320 | 295 |
| Asset retirement obligations | 770 | 643 |
| Other long-term liabilities | 840 | 876 |
| Deferred income taxes | 2,148 | 1,838 |
| Stockholders' equity: | ||
| Common stock, $0.10 par value. Authorized 1.0 billion shares; issued 651 million and 636 million shares in 2024 and 2023, respectively | 65 | 64 |
| Additional paid-in capital | 6,387 | 5,939 |
| Retained earnings | 8,166 | 6,195 |
| Accumulated other comprehensive loss | (122) | (124) |
| Treasury stock, at cost, 0.3 million shares in 2023 | — | (13) |
| Total stockholders’ equity attributable to Devon | 14,496 | 12,061 |
| Noncontrolling interests | 208 | 156 |
| Total equity | 14,704 | 12,217 |
| Total liabilities and equity | $30,489 | $24,490 |
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