ASSET RETIREMENT OBLIGATIONS (Tables)

6 Months Ended

Jun. 30, 2026

Asset Retirement Obligation [Abstract]

Schedule of Asset Retirement Obligations

The following table describes the changes to the Company’s asset retirement obligations liability for the following periods:


	Six Months Ended June 30,
	2026		2025
	(In millions)
Asset retirement obligations, beginning of period	$	542	$	592
Additional liabilities incurred	8		28
Liabilities acquired	1		12
Liabilities settled and divested	(20)		(31)
Accretion expense	15		17
Revisions in estimated liabilities	1		20
Asset retirement obligations, end of period	547		638
Less current portion(1)	39		22
Asset retirement obligations - long-term(2)	$	508	$	616

(1) The current portion of the asset retirement obligation is included in the caption “Other accrued liabilities” in the Company’s condensed consolidated balance sheets.

(2) The long-term portion of the asset retirement obligation is included in the caption “Other long-term liabilities” in the Company’s condensed consolidated balance sheets.