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.

	2017		2016*			2015*			2014*			2013*
Statement of Earnings data:
Upstream revenues	$	5,307	$	3,981		$	5,885		$	11,619		$	7,296
Total revenues	$	13,949	$	10,304		$	13,145		$	19,285		$	9,362
Earnings (loss) from continuing operations (1)	$	1,078	$	(1,458	)	$	(13,645	)	$	(753	)	$	(938	)
Earnings (loss) from continuing operations attributable to Devon (1)	$	898	$	(1,056	)	$	(12,896	)	$	(837	)	$	(938	)
Earnings (loss) from continuing operations per share attributable to Devon:
Basic (1)	$	1.71	$	(2.09	)	$	(31.72	)	$	(2.08	)	$	(2.34	)
Diluted (1)	$	1.70	$	(2.09	)	$	(31.72	)	$	(2.08	)	$	(2.34	)
Cash dividends per common share	$	0.24	$	0.42		$	0.96		$	0.94		$	0.86
Balance Sheet data:
Total assets (1)	$	30,241	$	28,675		$	29,673		$	49,253		$	44,390
Long-term debt (2)	$	10,291	$	10,154		$	12,056		$	9,761		$	7,888
Stockholders' equity	$	14,104	$	12,722		$	11,111		$	24,789		$	20,729
Common shares outstanding		525		523			418			409			406

*	Prior year amounts have been recast due to change in accounting principle. See Note 2 in “Item 8. Financial Statements and Supplementary Data” of this report.

(1)

Material asset impairments and acquisition and divestiture activity have had significant impacts on operating results and the carrying value of our oil and gas assets. More discussion on these items can be found in “Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations” and in Note 3 and Note 6 of “Item 8. Financial Statements and Supplementary Data” of this report.

(2)	Debt balances at December 31, 2017, 2016, 2015 and 2014 include $3.5 billion, $3.3 billion, $3.1 billion and $2.0 billion, respectively, of EnLink and the General Partner debt that is non-recourse to Devon.

Index to Financial Statements

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