ASSET RETIREMENT OBLIGATION (Tables)

12 Months Ended

Dec. 31, 2023

Asset Retirement Obligation Disclosure [Abstract]

Schedule of Asset Retirement Obligation

The following table describes changes to the Company’s asset retirement obligation (ARO) liability for the years ended December 31, 2023 and 2022:

	For the Year Ended December 31,
	2023		2022
	(In millions)
Asset retirement obligation at beginning of the year	$	1,991	$	2,130
Liabilities incurred	12		4
Liabilities divested	—		(73)
Liabilities settled	(45)		(39)
Accretion expense	116		117
Revisions in estimated liabilities	356		(148)
Asset retirement obligation at end of the year	2,430		1,991
Less current portion	(76)		(55)
Asset retirement obligation, long-term	$	2,354	$	1,936