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 |
- |
5 | 20 | ||||||
Earnings (loss) from discontinued operations |
$ |
- |
$ |
(21) |
$ |
2,570 |