The geologic time scale is a way of representing deep time based on events that have occurred throughout Earth's history, a time span of about 4.54 ± 0.05 Ga (4.54 billion years). It chronologically organizes strata, and subsequently time, by observing fundamental changes in stratigraphy that correspond to major geological or paleontological events. For example, the Cretaceous–Paleogene extinction event, marks the lower boundary of the Paleogene System/Period and thus the boundary between the Cretaceous and Paleogene Systems/Periods. For divisions prior to the Cryogenian, arbitrary numeric boundary definitions (Global Standard Stratigraphic Ages, GSSAs) are used to divide geologic time. Proposals have been made to better reconcile these divisions with the rock record.
How old is the Earth?
Earth is about 4.54 billion years old.