XML 50 R22.htm IDEA: XBRL DOCUMENT v3.2.0.727
Asset Retirement Obligation (Tables)
6 Months Ended
Jun. 30, 2015
Asset Retirement Obligation Disclosure [Abstract]  
Asset Retirement Obligation

The following table describes changes to the Company’s asset retirement obligation (ARO) liability for the six-month period ended June 30, 2015:

 

     (In millions)  

Asset retirement obligation at December 31, 2014

   $ 3,085  

Liabilities incurred

     47  

Liabilities divested

     (619

Liabilities settled

     (67

Accretion expense

     85  

Revisions in estimated liabilities

     31  
  

 

 

 

Asset retirement obligation at June 30, 2015

     2,562  

Less current portion

     (28
  

 

 

 

Asset retirement obligation, long-term

   $ 2,534