EOG RESOURCES INC | 2013 | FY | 3

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 years ended December 31, 2013 and 2012 (in thousands):

 
 
2013
  
2012
 
 
 
  
 
Carrying Amount at Beginning of Period
 
$
665,944
  
$
587,084
 
Liabilities Incurred
  
103,284
   
107,378
 
Liabilities Settled (1)
  
(70,510
)
  
(77,384
)
Accretion
  
35,180
   
30,020
 
Revisions
  
38,552
   
15,287
 
Foreign Currency Translations
  
(10,552
)
  
3,559
 
Carrying Amount at End of Period
 
$
761,898
  
$
665,944
 
 
        
Current Portion
 
$
43,857
  
$
30,127
 
Noncurrent Portion
 
$
718,041
  
$
635,817
 

(1)    Includes settlements related to asset sales.


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