v3.25.2
ASSET RETIREMENT OBLIGATION (Tables)
6 Months Ended
Jun. 30, 2025
Asset Retirement Obligation Disclosure [Abstract]  
Schedule of Asset Retirement Obligation
The following table describes changes to the Company’s asset retirement obligation (ARO) liability:
June 30,
2025
 (In millions)
Asset retirement obligation, December 31, 2024
$2,694 
Liabilities incurred
Liabilities settled(49)
Liabilities divested(9)
Accretion expense78 
Revisions in estimated liabilities
Asset retirement obligation, June 30, 2025
2,724 
Less current portion(103)
Asset retirement obligation, long-term$2,621