Item 6. Selected Financial Data
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Item 6. Selected Financial Data
The financial information below should be read in conjunction with “Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Item 8. Financial Statements and Supplementary Data” of this report.
| Year Ended December 31, | ||||||||||||||||||||
| 2015 | 2014 | 2013 | 2012 | 2011 | ||||||||||||||||
| (Millions, except per share amounts) | ||||||||||||||||||||
| Operating revenues | $ | 13,145 | $ | 19,566 | $ | 10,397 | $ | 9,501 | $ | 11,445 | ||||||||||
| Earnings (loss) from continuing operations (1) | $ | (15,203 | ) | $ | 1,691 | $ | (20 | ) | $ | (185 | ) | $ | 2,134 | |||||||
| Earnings (loss) from continuing operations attributable to Devon | $ | (14,454 | ) | $ | 1,607 | $ | (20 | ) | $ | (185 | ) | $ | 2,134 | |||||||
| Earnings (loss) from continuing operations per share attributable to Devon – Basic | $ | (35.55 | ) | $ | 3.93 | $ | (0.06 | ) | $ | (0.47 | ) | $ | 5.12 | |||||||
| Earnings (loss) from continuing operations per share attributable to Devon – Diluted | $ | (35.55 | ) | $ | 3.91 | $ | (0.06 | ) | $ | (0.47 | ) | $ | 5.10 | |||||||
| Cash dividends per common share | $ | 0.96 | $ | 0.94 | $ | 0.86 | $ | 0.80 | $ | 0.67 | ||||||||||
| Weighted average common shares outstanding – Basic | 412 | 409 | 406 | 404 | 417 | |||||||||||||||
| Weighted average common shares outstanding – Diluted | 412 | 411 | 406 | 404 | 418 | |||||||||||||||
| Total assets (1) | $ | 29,532 | $ | 50,637 | $ | 42,877 | $ | 43,326 | $ | 41,117 | ||||||||||
| Long-term debt (2) | $ | 12,137 | $ | 9,830 | $ | 7,956 | $ | 8,455 | $ | 5,969 | ||||||||||
| Stockholders’ equity | $ | 10,989 | $ | 26,341 | $ | 20,499 | $ | 21,278 | $ | 21,430 |
| (1) | During 2015, we recorded noncash asset impairments totaling $20.8 billion. During 2014, 2013 and 2012, we recorded noncash asset impairments totaling $2.0 billion in each year. |
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| (2) | Debt balances at December 31, 2015 and 2014 include $3.1 billion and $2.0 billion, respectively, of EnLink debt that is non-recourse to Devon. |
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Table of Contents
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