ASSET RETIREMENT OBLIGATION

6 Months Ended

Jun. 30, 2024

Asset Retirement Obligation Disclosure [Abstract]

ASSET RETIREMENT OBLIGATION

ASSET RETIREMENT OBLIGATION

The following table describes changes to the Company’s asset retirement obligation (ARO) liability:

	June 30, 2024
	(In millions)
Asset retirement obligation, December 31, 2023	$	2,430
Liabilities incurred	5
Liabilities settled	(20)
Liabilities divested	(48)
Accretion expense	74
Revisions in estimated liabilities	1
Asset retirement obligation, June 30, 2024	2,442
Less current portion	(75)
Asset retirement obligation, long-term	$	2,367