v3.25.1
ASSET RETIREMENT OBLIGATIONS (Tables)
3 Months Ended
Mar. 31, 2025
Asset Retirement Obligation Disclosure [Abstract]  
Schedule of Asset Retirement Obligation Changes
A roll-forward of our asset retirement obligation is as follows (in millions):
Amount
Balance as of December 31, 2024
$458 
Additional liabilities incurred with development activities and other
Additional liabilities incurred with acquisitions
Liabilities settled(16)
Accretion expense
Balance as of March 31, 2025
$452 
Current portion(1)
$59 
Long-term portion$393 
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(1)The current portion of the asset retirement obligation is included in other liabilities on the accompanying balance sheets.