Asset Retirement Obligations (Tables)

6 Months Ended

Jun. 30, 2023

Asset Retirement Obligation [Abstract]

Schedule of Asset Retirement Obligation Rollforward Analysis

The following table presents the reconciliation of the beginning and ending aggregate carrying amounts of short-term and long-term legal obligations associated with the retirement of property, plant and equipment for the six-month periods ended June 30, 2023 and 2022 (in millions):

	Six Months Ended June 30,
	2023		2022
Carrying Amount at January 1	$	1,328	$	1,231
Liabilities Incurred	18		47
Liabilities Settled (1)	(50)		(151)
Accretion	25		20
Revisions	3		3
Foreign Currency Translation	2		(1)
Carrying Amount at June 30	$	1,326	$	1,149
Current Portion	$	37	$	43
Noncurrent Portion	$	1,289	$	1,106

(1)Includes settlements related to asset sales.