DEVON ENERGY CORP/DE | 2013 | FY | 3


20.Discontinued Operations   

 

Revenues related to Devon's discontinued operations totaled $43 million during 2011. Devon did not have revenues related to its discontinued operations during 2013 or 2012.  The following table presents the earnings (loss) from Devon’s discontinued operations.

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31,

 

 

2013

 

2012

 

2011

 

 

 

 

 

 

 

 

 

 

 

 

(In millions)

Operating earnings

 

$

 -

 

$

 -

 

$

38 

Gain (loss) on sale of oil and gas properties

 

 

 -

 

 

(16)

 

 

2,552 

Earnings (loss) before income taxes

 

 

 -

 

 

(16)

 

 

2,590 

Income tax expense

 

 

 -

 

 

 

 

20 

Earnings (loss) from discontinued operations

 

$

 -

 

$

(21)

 

$

2,570 

   


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