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Asset Retirement Obligations
 9 Months Ended
Sep. 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 nine-month periods ended September 30, 2024 and 2023 (in millions):
Nine Months Ended
September 30,
 20242023
Carrying Amount at January 1$1,506 $1,328 
Liabilities Incurred39 49 
Liabilities Settled (1)
(50)(80)
Accretion43 37 
Revisions(84)166 
Foreign Currency Translations(1)— 
Carrying Amount at September 30
$1,453 $1,500 
Current Portion$44 $42 
Noncurrent Portion$1,409 $1,458 
(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.