ASSET RETIREMENT OBLIGATION

3 Months Ended

Mar. 31, 2024

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:

	March 31, 2024
	(In millions)
Asset retirement obligation, December 31, 2023	$	2,430
Liabilities incurred	1
Liabilities settled	(9)
Accretion expense	40
Revisions in estimated liabilities	1
Asset retirement obligation, March 31, 2024	2,463
Less current portion	(75)
Asset retirement obligation, long-term	$	2,388