2018

First Quarter

Second Quarter

Third Quarter

Fourth Quarter

Full Year

Total revenues

$

2,198

$

2,249

$

2,579

$

3,708

$

10,734

Asset dispositions ⁽¹⁾

$

(12

)

$

23

$

(6

)

$

(268

)

$

(263

)

Earnings (loss) from continuing operations before income taxes ⁽²⁾

$

(245

)

$

(481

)

$

162

$

1,484

$

920

Net earnings (loss) from continuing operations

$

(211

)

$

(474

)

$

300

$

1,149

$

764

Net earnings from discontinued operations, net of income

   tax expense ⁽³⁾

$

58

$

139

$

2,263

$

—

$

2,460

Net earnings (loss) attributable to Devon

$

(197

)

$

(425

)

$

2,537

$

1,149

$

3,064

Basic net earnings (loss) per share attributable to Devon

$

(0.38

)

$

(0.83

)

$

5.17

$

2.50

$

6.14

Diluted net earnings (loss) per share attributable to Devon

$

(0.38

)

$

(0.83

)

$

5.14

$

2.48

$

6.10

2017

First Quarter

Second Quarter

Third Quarter

Fourth Quarter

Full Year

Total revenues

$

2,400

$

2,165

$

1,933

$

2,380

$

8,878

Asset dispositions ⁽¹⁾

$

(8

)

$

(22

)

$

(170

)

$

(17

)

$

(217

)

Earnings from continuing operations before income taxes

$

313

$

207

$

207

$

46

$

773

Net earnings from continuing operations

$

308

$

212

$

194

$

44

$

758

Net earnings from discontinued operations, net of income

   tax expense

$

9

$

33

$

18

$

260

$

320

Net earnings attributable to Devon

$

303

$

219

$

193

$

183

$

898

Basic net earnings per share attributable to Devon

$

0.58

$

0.41

$

0.37

$

0.35

$

1.71

Diluted net earnings per share attributable to Devon

$

0.58

$

0.41

$

0.37

$

0.35

$

1.70

(1)

Additional discussion regarding asset dispositions can be found in Note 2.

(2)

Includes asset impairments of approximately $150 million in the second quarter of 2018. Additional discussion regarding asset impairments can be found in Note 5.

(3)

Includes a gain on sale associated with the divestment of Devon’s aggregate ownership interests in EnLink and the General Partner of approximately $2.2 billion (after-tax) in the third quarter of 2018, as discussed in Note 19.