v3.26.1
Asset Retirement Obligations
3 Months Ended
Mar. 31, 2026
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 three-month periods ended March 31, 2026 and 2025 (in millions):

Three Months Ended
March 31,
 20262025
Carrying Amount at January 1$1,570 $1,460 
Liabilities Incurred10 
Liabilities Settled (1)
(22)(17)
Accretion16 14 
Revisions— 
Carrying Amount at March 31$1,574 $1,467 
 
Current Portion$47 $66 
Noncurrent Portion$1,527 $1,401 
(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.