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 | |||