ASSET RETIREMENT OBLIGATION

9 Months Ended

Sep. 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:

	September 30, 2024
	(In millions)
Asset retirement obligation, December 31, 2023	$	2,430
Liabilities incurred	9
Liabilities settled	(45)
Liabilities divested	(48)
Liabilities held for sale	(224)
Accretion expense	107
Revisions in estimated liabilities	195
Asset retirement obligation, September 30, 2024	2,424
Less current portion	(75)
Asset retirement obligation, long-term	$	2,349