ASSET RETIREMENT OBLIGATIONS (Tables)

9 Months Ended

Sep. 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:


	Nine Months Ended September 30,
	2026		2025
	(In millions)
Asset retirement obligations, beginning of period	$	542	$	592
Additional liabilities incurred	10		31
Liabilities acquired	1		13
Liabilities settled and divested	(27)		(62)
Accretion expense	25		27
Revisions in estimated liabilities	38		3
Asset retirement obligations, end of period	589		604
Less current portion(1)	46		20
Asset retirement obligations - long-term(2)	$	543	$	584

(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.