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Asset Retirement Obligations
12 Months Ended
Dec. 31, 2024
Asset Retirement Obligations, Noncurrent [Abstract]  
Asset Retirement Obligations Asset Retirement Obligations
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 years ended December 31, 2024 and 2023 (in millions):
 20242023
Carrying Amount at Beginning of Period$1,506 $1,328 
Liabilities Incurred48 71 
Liabilities Settled (1)
(62)(114)
Accretion59 53 
Revisions(83)166 
Foreign Currency Translations(8)
Carrying Amount at End of Period$1,460 $1,506 
Current Portion$69 $37 
Noncurrent Portion$1,391 $1,469 
(1)    Includes settlements related to asset sales and property exchanges.

The current and noncurrent portions of EOG's asset retirement obligations are included in Current Liabilities - Other and Other Liabilities, respectively, on the Consolidated Balance Sheets.