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ASSET RETIREMENT OBLIGATION
6 Months Ended
Jun. 30, 2022
Asset Retirement Obligation Disclosure [Abstract]  
ASSET RETIREMENT OBLIGATION ASSET RETIREMENT OBLIGATION
The following table describes changes to the Company’s asset retirement obligation (ARO) liability:
June 30,
2022
 (In millions)
Asset retirement obligation, December 31, 2021
$2,130 
Liabilities incurred
Liabilities settled(16)
Liabilities divested(4)
Deconsolidation of Altus(69)
Accretion expense58 
Asset retirement obligation, June 30, 2022
2,101 
Less current portion(40)
Asset retirement obligation, long-term$2,061