Rocks record geological events and changing life forms of the past. Geologists have discovered that Earth is much older than previously believed based on studying the rock record. The geologic time scale is a hierarchical timeline that divides Earth's history into eons, eras, periods, and epochs based on significant events in the rock record and fossil evidence. Fossils found in rocks indicate what types of life existed in the past and can be used to correlate between different rock formations and interpret ancient environments.