Asset Retirement Obligations (Tables)

12 Months Ended

Dec. 31, 2023

Asset Retirement Obligations, Noncurrent [Abstract]

Schedule of Asset Retirement Obligation Rollforward Analysis

The following table presents the reconciliation of the beginning and ending aggregate carrying amounts of short-term and long-term legal obligations associated with the retirement of property, plant and equipment for the years ended December 31, 2023 and 2022 (in millions):

	2023		2022
Carrying Amount at Beginning of Period	$	1,328	$	1,231
Liabilities Incurred	71		100
Liabilities Settled (1)	(114)		(215)
Accretion	53		43
Revisions	166		173
Foreign Currency Translations	2		(4)
Carrying Amount at End of Period	$	1,506	$	1,328
Current Portion	$	37	$	38
Noncurrent Portion	$	1,469	$	1,290

(1)    Includes settlements related to asset sales and property exchanges.