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Asset Retirement Obligations
 6 Months Ended
Jun. 30, 2025
Asset Retirement Obligation [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 six-month periods ended June 30, 2025 and 2024 (in millions):
Six Months Ended
June 30,
 20252024
Carrying Amount at January 1$1,460 $1,506 
Liabilities Incurred21 33 
Liabilities Settled (1)
(33)(32)
Accretion30 30 
Revisions5 (84)
Foreign Currency Translations1 (3)
Carrying Amount at June 30
$1,484 $1,450 
Current Portion$74 $51 
Noncurrent Portion$1,410 $1,399 
(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 Condensed Consolidated Balance Sheets.