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Asset Retirement Obligations
 6 Months Ended
Jun. 30, 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 six-month periods ended June 30, 2024 and 2023 (in millions):
Six Months Ended
June 30,
 20242023
Carrying Amount at January 1$1,506 $1,328 
Liabilities Incurred33 18 
Liabilities Settled (1)
(32)(50)
Accretion30 25 
Revisions(84)3 
Foreign Currency Translations(3)2 
Carrying Amount at June 30
$1,450 $1,326 
Current Portion$51 $37 
Noncurrent Portion$1,399 $1,289 
(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.