Restructuring Costs

9 Months Ended

Sep. 30, 2023

Restructuring and Related Activities [Abstract]

Restructuring Costs

Restructuring Costs

Restructuring costs are primarily related to workforce reductions and associated severance benefits that were triggered by the merger with Cimarex Energy Co. that closed on October 1, 2021. The following table summarizes the Company’s restructuring liabilities:

	Nine Months Ended  September 30,
(In millions)	2023		2022
Balance at beginning of period	$	77	$	43
Additions related to merger integration and transition costs	10		44
Payments of merger-related restructuring costs	(28)		(13)
Balance at end of period	$	59	$	74