AGÕæÈËÆ½Ì¨AGÕæÈËÊÔÍæ

Quarterly report pursuant to Section 13 or 15(d)

ASSET RETIREMENT OBLIGATIONS (Tables)

v3.22.2
ASSET RETIREMENT OBLIGATIONS (Tables)
6 Months Ended
Jun. 30, 2022
Asset Retirement Obligation [Abstract] Ìý
Summary Of Asset Retirement Obligations
The following is a summary of our asset retirement obligations:
(In Millions)
June 30,
2022
December 31,
2021
Asset retirement obligations1
$ 532Ìý $ 449Ìý
Less: current portion 30Ìý 35Ìý
Long-term asset retirement obligations $ 502Ìý $ 414Ìý
1 Includes $290 million and $293 million related to our active operations as of JuneÌý30, 2022 and DecemberÌý31, 2021, respectively.
Schedule of Change in Asset Retirement Obligation
The following is a roll forward of our asset retirement obligation liability:
(In Millions)
2022 2021
Asset retirement obligation as of January 1 $ 449Ìý $ 342Ìý
Increase from acquisitions â€�Ìý 57Ìý
Accretion expense 15Ìý 8Ìý
Reclassification from environmental obligations 63Ìý —Ì�
Revision in estimated cash flows 21Ìý —Ì�
Remediation payments (16) (10)
Asset retirement obligation as of June 30 $ 532Ìý $ 397Ìý