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Asset Retirement Obligations
 3 Months Ended
Mar. 31, 2024
Asset Retirement Obligation [Abstract]  
Asset Retirement Obligations Asset Retirement Obligations
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 three-month periods ended March 31, 2024 and 2023 (in millions):
Three Months Ended
March 31,
 20242023
Carrying Amount at January 1$1,506 $1,328 
Liabilities Incurred13 6 
Liabilities Settled (1)
(16)(30)
Accretion16 13 
Revisions— 1 
Foreign Currency Translations(2)— 
Carrying Amount at March 31
$1,517 $1,318 
Current Portion$37 $39 
Noncurrent Portion$1,480 $1,279 
(1)Includes settlements related to asset sales and property exchanges.

The current and noncurrent portions of EOG's asset retirement obligations are included in Current Liabilities - Other and Other Liabilities, respectively, on the Condensed Consolidated Balance Sheets.