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Asset Retirement Obligations (Tables)
12 Months Ended
Dec. 31, 2018
Asset Retirement Obligation Disclosure [Abstract]  
Changes to and Maturity of Asset Retirement Obligations

The following table describes changes to and maturity of our asset retirement obligations:

 

 

2018

 

 

2017

 

 

 

(In millions)

 

Balance at January 1

 

$

801

 

 

$

2,128

 

Liabilities incurred

 

 

68

 

 

 

62

 

Liabilities settled or disposed of

 

 

(46

)

 

 

(1,464

)

Accretion expense

 

 

37

 

 

 

97

 

Revisions of estimated liabilities

 

 

1

 

 

 

(54

)

Foreign currency remeasurement

 

 

(4

)

 

 

32

 

Balance at December 31

 

$

857

 

 

$

801

 

 

 

 

 

 

 

 

 

 

Total Asset Retirement Obligations at December 31:

 

 

 

 

 

 

 

 

Current portion of asset retirement obligations

 

$

116

 

 

$

48

 

Long-term asset retirement obligations

 

 

741

 

 

 

753

 

Total at December 31

 

$

857

 

 

$

801