2022 Q2 Form 10-Q Financial Statement

#000138365022000018 Filed on May 04, 2022

View on sec.gov

Income Statement

Concept 2022 Q2 2022 Q1 2021 Q1
Revenue $4.181B $3.328B $1.963B
YoY Change 121.33% 69.54% 14.26%
Cost Of Revenue $3.449B $2.787B $1.183B
YoY Change 209.05% 135.59% 30.72%
Gross Profit $732.0M $541.0M $780.0M
YoY Change -5.3% -30.64% -4.06%
Gross Profit Margin 17.51% 16.26% 39.74%
Selling, General & Admin $24.00M $26.00M $23.00M
YoY Change 0.0% 13.04% -14.81%
% of Gross Profit 3.28% 4.81% 2.95%
Research & Development $0.00
YoY Change -100.0%
% of Gross Profit 0.0%
Depreciation & Amortization $156.0M $153.0M $139.0M
YoY Change 13.04% 10.07% 0.72%
% of Gross Profit 21.31% 28.28% 17.82%
Operating Expenses $0.00 $179.0M $162.0M
YoY Change -100.0% 10.49% -1.82%
Operating Profit $555.0M $362.0M $618.0M
YoY Change -8.11% -41.42% -6.93%
Interest Expense $216.0M $203.0M $217.0M
YoY Change 3.35% -6.45% -7.26%
% of Operating Profit 38.92% 56.08% 35.11%
Other Income/Expense, Net -$213.0M -$203.0M -$271.0M
YoY Change 1.91% -25.09% 18.34%
Pretax Income $342.0M $159.0M $347.0M
YoY Change -13.42% -54.18% -20.23%
Income Tax
% Of Pretax Income
Net Earnings $342.0M $159.0M $347.0M
YoY Change -13.42% -54.18% -20.23%
Net Earnings / Revenue 8.18% 4.78% 17.68%
Basic Earnings Per Share
Diluted Earnings Per Share $706.6K $328.5K $716.9K
COMMON SHARES
Basic Shares Outstanding 484.0M shares 484.0M shares 484.0M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2022 Q2 2022 Q1 2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.111B $1.156B $1.219B
YoY Change -10.33% -5.17% -29.7%
Cash & Equivalents $1.111B $1.156B $1.219B
Short-Term Investments
Other Short-Term Assets $104.0M $93.00M $59.00M
YoY Change 7.22% 57.63% 20.41%
Inventory $170.0M $149.0M $103.0M
Prepaid Expenses
Receivables $648.0M $411.0M $349.0M
Other Receivables $75.00M $23.00M $24.00M
Total Short-Term Assets $2.960B $2.434B $2.120B
YoY Change 44.74% 14.81% -13.4%
LONG-TERM ASSETS
Property, Plant & Equipment $16.86B $16.92B $16.73B
YoY Change 0.43% 1.08% 1.57%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $169.0M $172.0M $177.0M
YoY Change 6.29% -2.82% 13.46%
Total Long-Term Assets $17.17B $17.22B $17.03B
YoY Change 0.54% 1.12% 1.48%
TOTAL ASSETS
Total Short-Term Assets $2.960B $2.434B $2.120B
Total Long-Term Assets $17.17B $17.22B $17.03B
Total Assets $20.13B $19.66B $19.15B
YoY Change 5.27% 2.64% -0.42%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $31.00M $24.00M $11.00M
YoY Change 93.75% 118.18% 37.5%
Accrued Expenses $1.576B $1.159B $704.0M
YoY Change 142.84% 64.63% 23.73%
Deferred Revenue
YoY Change
Short-Term Debt -$1.497B $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due $1.497B $850.0M
YoY Change 128.9% -57.41%
Total Short-Term Liabilities $3.779B $1.600B $1.739B
YoY Change 150.93% -7.99% -35.95%
LONG-TERM LIABILITIES
Long-Term Debt $15.69B $17.18B $16.73B
YoY Change -7.33% 2.7% 7.32%
Other Long-Term Liabilities $3.283B $3.104B $0.00
YoY Change -100.0%
Total Long-Term Liabilities $15.69B $17.18B $16.73B
YoY Change -7.33% 2.7% 7.31%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.779B $1.600B $1.739B
Total Long-Term Liabilities $15.69B $17.18B $16.73B
Total Liabilities $19.47B $18.78B $18.47B
YoY Change 5.59% 1.69% 0.9%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$2.625B -$2.230B $535.0M
YoY Change
Total Liabilities & Shareholders Equity $20.13B $19.66B $19.15B
YoY Change 5.27% 2.64% -0.42%

Cashflow Statement

Concept 2022 Q2 2022 Q1 2021 Q1
OPERATING ACTIVITIES
Net Income $342.0M $159.0M $347.0M
YoY Change -13.42% -54.18% -20.23%
Depreciation, Depletion And Amortization $156.0M $153.0M $139.0M
YoY Change 13.04% 10.07% 0.72%
Cash From Operating Activities $786.0M $800.0M $588.0M
YoY Change 61.4% 36.05% 9.91%
INVESTING ACTIVITIES
Capital Expenditures -$152.0M $87.00M $146.0M
YoY Change -10.59% -40.41% -53.94%
Acquisitions
YoY Change
Other Investing Activities $0.00
YoY Change
Cash From Investing Activities -$152.0M -$87.00M -$146.0M
YoY Change -10.59% -40.41% -53.94%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -737.0M -$395.0M -$407.0M
YoY Change 107.61% -2.95% 20.77%
NET CHANGE
Cash From Operating Activities 786.0M $800.0M $588.0M
Cash From Investing Activities -152.0M -$87.00M -$146.0M
Cash From Financing Activities -737.0M -$395.0M -$407.0M
Net Change In Cash -103.0M $318.0M $35.00M
YoY Change 171.05% 808.57% -129.41%
FREE CASH FLOW
Cash From Operating Activities $786.0M $800.0M $588.0M
Capital Expenditures -$152.0M $87.00M $146.0M
Free Cash Flow $938.0M $713.0M $442.0M
YoY Change 42.77% 61.31% 102.75%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2022Q1 dei Entity Central Index Key
EntityCentralIndexKey
0001383650
CY2022Q1 dei Amendment Flag
AmendmentFlag
false
CY2022Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2022Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2022
CY2022Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2022Q1 dei Document Type
DocumentType
10-Q
CY2022Q1 dei Document Quarterly Report
DocumentQuarterlyReport
true
CY2022Q1 dei Document Period End Date
DocumentPeriodEndDate
2022-03-31
CY2022Q1 dei Document Transition Report
DocumentTransitionReport
false
CY2022Q1 dei Entity File Number
EntityFileNumber
001-33366
CY2022Q1 dei Entity Registrant Name
EntityRegistrantName
Cheniere Energy Partners, L.P.
CY2022Q1 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
CY2022Q1 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
20-5913059
CY2022Q1 dei Entity Address Address Line1
EntityAddressAddressLine1
700 Milam Street
CY2022Q1 dei Entity Address Address Line2
EntityAddressAddressLine2
Suite 1900
CY2022Q1 dei Entity Address City Or Town
EntityAddressCityOrTown
Houston
CY2022Q1 dei Entity Address State Or Province
EntityAddressStateOrProvince
TX
CY2022Q1 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
77002
CY2022Q1 dei City Area Code
CityAreaCode
713
CY2022Q1 dei Local Phone Number
LocalPhoneNumber
375-5000
CY2022Q1 dei Security12b Title
Security12bTitle
Common Units Representing Limited Partner Interests
CY2022Q1 dei Trading Symbol
TradingSymbol
CQP
CY2022Q1 dei Security Exchange Name
SecurityExchangeName
NYSEAMER
CY2022Q1 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2022Q1 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2022Q1 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2022Q1 dei Entity Small Business
EntitySmallBusiness
false
CY2022Q1 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2022Q1 dei Entity Shell Company
EntityShellCompany
false
CY2022Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
484027123 shares
CY2022Q1 us-gaap Revenues
Revenues
3328000000 USD
CY2021Q1 us-gaap Revenues
Revenues
1963000000 USD
CY2022Q1 us-gaap Cost Of Goods And Service Excluding Depreciation Depletion And Amortization
CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization
2562000000 USD
CY2021Q1 us-gaap Cost Of Goods And Service Excluding Depreciation Depletion And Amortization
CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization
948000000 USD
CY2022Q1 us-gaap Affiliate Costs
AffiliateCosts
5000000 USD
CY2021Q1 us-gaap Affiliate Costs
AffiliateCosts
42000000 USD
CY2022Q1 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
170000000 USD
CY2021Q1 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
149000000 USD
CY2022Q1 cqp Affiliate Operating Costs And Expenses
AffiliateOperatingCostsAndExpenses
38000000 USD
CY2021Q1 cqp Affiliate Operating Costs And Expenses
AffiliateOperatingCostsAndExpenses
34000000 USD
CY2022Q1 cqp Related Party Operating Costs And Expenses
RelatedPartyOperatingCostsAndExpenses
12000000 USD
CY2021Q1 cqp Related Party Operating Costs And Expenses
RelatedPartyOperatingCostsAndExpenses
10000000 USD
CY2022Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
3000000 USD
CY2021Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
2000000 USD
CY2022Q1 us-gaap Related Party Transaction Selling General And Administrative Expenses From Transactions With Related Party
RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty
23000000 USD
CY2021Q1 us-gaap Related Party Transaction Selling General And Administrative Expenses From Transactions With Related Party
RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty
21000000 USD
CY2022Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
153000000 USD
CY2021Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
139000000 USD
CY2022Q1 us-gaap Costs And Expenses
CostsAndExpenses
2966000000 USD
CY2021Q1 us-gaap Costs And Expenses
CostsAndExpenses
1345000000 USD
CY2022Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
362000000 USD
CY2021Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
618000000 USD
CY2022Q1 us-gaap Interest Expense
InterestExpense
203000000 USD
CY2021Q1 us-gaap Interest Expense
InterestExpense
217000000 USD
CY2022Q1 cqp Gains Losseson Modificationor Extinguishmentof Debt
GainsLossesonModificationorExtinguishmentofDebt
0 USD
CY2021Q1 cqp Gains Losseson Modificationor Extinguishmentof Debt
GainsLossesonModificationorExtinguishmentofDebt
-54000000 USD
CY2022Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-203000000 USD
CY2021Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-271000000 USD
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
159000000 USD
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
347000000 USD
CY2022Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.11
CY2021Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.64
CY2022Q1 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
484000000.0 shares
CY2021Q1 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
484000000.0 shares
CY2022Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1156000000 USD
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
876000000 USD
CY2022Q1 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
136000000 USD
CY2021Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
98000000 USD
CY2022Q1 us-gaap Receivables Net Current
ReceivablesNetCurrent
434000000 USD
CY2021Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
580000000 USD
CY2022Q1 us-gaap Due From Affiliate Current
DueFromAffiliateCurrent
290000000 USD
CY2021Q4 us-gaap Due From Affiliate Current
DueFromAffiliateCurrent
232000000 USD
CY2022Q1 us-gaap Accounts Receivable Related Parties Current
AccountsReceivableRelatedPartiesCurrent
0 USD
CY2021Q4 us-gaap Accounts Receivable Related Parties Current
AccountsReceivableRelatedPartiesCurrent
1000000 USD
CY2022Q1 cqp Advances To Affiliate Current
AdvancesToAffiliateCurrent
150000000 USD
CY2021Q4 cqp Advances To Affiliate Current
AdvancesToAffiliateCurrent
141000000 USD
CY2022Q1 us-gaap Inventory Net
InventoryNet
149000000 USD
CY2021Q4 us-gaap Inventory Net
InventoryNet
176000000 USD
CY2022Q1 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
24000000 USD
CY2021Q4 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
21000000 USD
CY2022Q1 us-gaap Other Assets Current
OtherAssetsCurrent
93000000 USD
CY2021Q4 us-gaap Other Assets Current
OtherAssetsCurrent
87000000 USD
CY2022Q1 cqp Other Current Assets Related Party
OtherCurrentAssetsRelatedParty
2000000 USD
CY2021Q4 cqp Other Current Assets Related Party
OtherCurrentAssetsRelatedParty
0 USD
CY2022Q1 us-gaap Assets Current
AssetsCurrent
2434000000 USD
CY2021Q4 us-gaap Assets Current
AssetsCurrent
2212000000 USD
CY2022Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
16915000000 USD
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
16830000000 USD
CY2022Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
96000000 USD
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
98000000 USD
CY2022Q1 us-gaap Debt Issuance Costs Line Of Credit Arrangements Net
DebtIssuanceCostsLineOfCreditArrangementsNet
11000000 USD
CY2021Q4 us-gaap Debt Issuance Costs Line Of Credit Arrangements Net
DebtIssuanceCostsLineOfCreditArrangementsNet
12000000 USD
CY2022Q1 us-gaap Derivative Assets Noncurrent
DerivativeAssetsNoncurrent
30000000 USD
CY2021Q4 us-gaap Derivative Assets Noncurrent
DerivativeAssetsNoncurrent
33000000 USD
CY2022Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
172000000 USD
CY2021Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
173000000 USD
CY2022Q1 us-gaap Assets
Assets
19658000000 USD
CY2021Q4 us-gaap Assets
Assets
19358000000 USD
CY2022Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
24000000 USD
CY2021Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
21000000 USD
CY2022Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1159000000 USD
CY2021Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1073000000 USD
CY2022Q1 cqp Accrued Liabilities Related Party
AccruedLiabilitiesRelatedParty
5000000 USD
CY2021Q4 cqp Accrued Liabilities Related Party
AccruedLiabilitiesRelatedParty
4000000 USD
CY2022Q1 us-gaap Due To Affiliate Current
DueToAffiliateCurrent
32000000 USD
CY2021Q4 us-gaap Due To Affiliate Current
DueToAffiliateCurrent
67000000 USD
CY2022Q1 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
116000000 USD
CY2021Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
155000000 USD
CY2022Q1 cqp Deferred Revenue Related Party Current
DeferredRevenueRelatedPartyCurrent
0 USD
CY2021Q4 cqp Deferred Revenue Related Party Current
DeferredRevenueRelatedPartyCurrent
1000000 USD
CY2022Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
8000000 USD
CY2021Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
8000000 USD
CY2022Q1 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
256000000 USD
CY2021Q4 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
16000000 USD
CY2022Q1 us-gaap Liabilities Current
LiabilitiesCurrent
1600000000 USD
CY2021Q4 us-gaap Liabilities Current
LiabilitiesCurrent
1345000000 USD
CY2022Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
17184000000 USD
CY2021Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
17177000000 USD
CY2022Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
87000000 USD
CY2021Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
89000000 USD
CY2022Q1 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
2999000000 USD
CY2021Q4 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
11000000 USD
CY2022Q1 cqp Other Non Current Liabilities Related Party
OtherNonCurrentLiabilitiesRelatedParty
18000000 USD
CY2021Q4 cqp Other Non Current Liabilities Related Party
OtherNonCurrentLiabilitiesRelatedParty
18000000 USD
CY2022Q1 cqp Common Unitholders Equity
CommonUnitholdersEquity
-1870000000 USD
CY2021Q4 cqp Common Unitholders Equity
CommonUnitholdersEquity
1024000000 USD
CY2022Q1 us-gaap General Partners Capital Account
GeneralPartnersCapitalAccount
-360000000 USD
CY2021Q4 us-gaap General Partners Capital Account
GeneralPartnersCapitalAccount
-306000000 USD
CY2022Q1 us-gaap Partners Capital
PartnersCapital
-2230000000 USD
CY2021Q4 us-gaap Partners Capital
PartnersCapital
718000000 USD
CY2022Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
19658000000 USD
CY2021Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
19358000000 USD
CY2021Q4 us-gaap Partners Capital
PartnersCapital
718000000 USD
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
159000000 USD
CY2022Q1 cqp Partners Capital Account Distributions Non Cash
PartnersCapitalAccountDistributionsNonCash
-2712000000 USD
CY2022Q1 us-gaap Partners Capital
PartnersCapital
-2230000000 USD
CY2020Q4 us-gaap Partners Capital
PartnersCapital
539000000 USD
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
347000000 USD
CY2021Q1 us-gaap Partners Capital
PartnersCapital
535000000 USD
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
159000000 USD
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
347000000 USD
CY2022Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
153000000 USD
CY2021Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
139000000 USD
CY2022Q1 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
7000000 USD
CY2021Q1 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
8000000 USD
CY2022Q1 cqp Gains Losseson Modificationor Extinguishmentof Debt
GainsLossesonModificationorExtinguishmentofDebt
0 USD
CY2021Q1 cqp Gains Losseson Modificationor Extinguishmentof Debt
GainsLossesonModificationorExtinguishmentofDebt
-54000000 USD
CY2022Q1 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
-525000000 USD
CY2022Q1 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-4000000 USD
CY2021Q1 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
-2000000 USD
CY2022Q1 us-gaap Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
9000000 USD
CY2021Q1 us-gaap Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
-20000000 USD
CY2021Q1 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-3000000 USD
CY2022Q1 us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
-88000000 USD
CY2021Q1 us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
56000000 USD
CY2022Q1 us-gaap Increase Decrease In Due From Affiliates Current
IncreaseDecreaseInDueFromAffiliatesCurrent
74000000 USD
CY2021Q1 us-gaap Increase Decrease In Due From Affiliates Current
IncreaseDecreaseInDueFromAffiliatesCurrent
-86000000 USD
CY2022Q1 cqp Increase Decrease In Advances To Affiliate
IncreaseDecreaseInAdvancesToAffiliate
8000000 USD
CY2021Q1 cqp Increase Decrease In Advances To Affiliate
IncreaseDecreaseInAdvancesToAffiliate
-18000000 USD
CY2022Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-25000000 USD
CY2021Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-4000000 USD
CY2022Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
13000000 USD
CY2021Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
24000000 USD
CY2022Q1 cqp Increase Decrease In Accrued Liabilities Related Parties
IncreaseDecreaseInAccruedLiabilitiesRelatedParties
1000000 USD
CY2021Q1 cqp Increase Decrease In Accrued Liabilities Related Parties
IncreaseDecreaseInAccruedLiabilitiesRelatedParties
-1000000 USD
CY2022Q1 us-gaap Increase Decrease In Due To Affiliates
IncreaseDecreaseInDueToAffiliates
-20000000 USD
CY2021Q1 us-gaap Increase Decrease In Due To Affiliates
IncreaseDecreaseInDueToAffiliates
-20000000 USD
CY2022Q1 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-39000000 USD
CY2021Q1 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-36000000 USD
CY2022Q1 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-24000000 USD
CY2021Q1 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-6000000 USD
CY2022Q1 cqp Increase Decrease In Other Operating Activities Affiliate
IncreaseDecreaseInOtherOperatingActivitiesAffiliate
-1000000 USD
CY2021Q1 cqp Increase Decrease In Other Operating Activities Affiliate
IncreaseDecreaseInOtherOperatingActivitiesAffiliate
2000000 USD
CY2022Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
800000000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
588000000 USD
CY2022Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
87000000 USD
CY2021Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
146000000 USD
CY2022Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-87000000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-146000000 USD
CY2022Q1 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
0 USD
CY2021Q1 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
1500000000 USD
CY2022Q1 us-gaap Repayments Of Debt
RepaymentsOfDebt
0 USD
CY2021Q1 us-gaap Repayments Of Debt
RepaymentsOfDebt
1500000000 USD
CY2022Q1 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 USD
CY2021Q1 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
19000000 USD
CY2022Q1 us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
0 USD
CY2021Q1 us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
40000000 USD
CY2022Q1 us-gaap Payments Of Capital Distribution
PaymentsOfCapitalDistribution
395000000 USD
CY2021Q1 us-gaap Payments Of Capital Distribution
PaymentsOfCapitalDistribution
351000000 USD
CY2022Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
0 USD
CY2021Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
3000000 USD
CY2022Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-395000000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-407000000 USD
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
318000000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
35000000 USD
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
974000000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1307000000 USD
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1292000000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1342000000 USD
CY2022Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1156000000 USD
CY2022Q1 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
136000000 USD
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1292000000 USD
CY2021Q4 us-gaap Other Receivables Gross Current
OtherReceivablesGrossCurrent
34000000 USD
CY2022Q1 us-gaap Receivables Net Current
ReceivablesNetCurrent
434000000 USD
CY2021Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
580000000 USD
CY2022Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
411000000 USD
CY2021Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
546000000 USD
CY2022Q1 us-gaap Other Receivables Gross Current
OtherReceivablesGrossCurrent
23000000 USD
CY2022Q1 us-gaap Inventory Net
InventoryNet
149000000 USD
CY2021Q4 us-gaap Inventory Net
InventoryNet
176000000 USD
CY2022Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
16915000000 USD
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
16830000000 USD
CY2022Q1 us-gaap Depreciation
Depreciation
152000000 USD
CY2021Q1 us-gaap Depreciation
Depreciation
138000000 USD
CY2022Q1 cqp Property Plant And Equipment Reduction For Testing Costs Recovered
PropertyPlantAndEquipmentReductionForTestingCostsRecovered
148000000 USD
CY2021Q1 cqp Property Plant And Equipment Reduction For Testing Costs Recovered
PropertyPlantAndEquipmentReductionForTestingCostsRecovered
0 USD
CY2022Q1 us-gaap Derivative Assets Liabilities At Fair Value Net
DerivativeAssetsLiabilitiesAtFairValueNet
-3201000000 USD
CY2021Q4 us-gaap Derivative Assets Liabilities At Fair Value Net
DerivativeAssetsLiabilitiesAtFairValueNet
27000000 USD
CY2022Q1 us-gaap Derivative Assets
DerivativeAssets
54000000 USD
CY2021Q4 us-gaap Derivative Assets
DerivativeAssets
54000000 USD
CY2022Q1 us-gaap Derivative Liabilities
DerivativeLiabilities
3255000000 USD
CY2021Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
27000000 USD
CY2022Q1 us-gaap Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
-3201000000 USD
CY2021Q4 us-gaap Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
27000000 USD
CY2022Q1 us-gaap Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
32000000 USD
CY2021Q4 us-gaap Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
7000000 USD
CY2022Q1 cqp Accrued Natural Gas Purchases
AccruedNaturalGasPurchases
692000000 USD
CY2021Q4 cqp Accrued Natural Gas Purchases
AccruedNaturalGasPurchases
786000000 USD
CY2022Q1 us-gaap Interest Payable Current
InterestPayableCurrent
215000000 USD
CY2021Q4 us-gaap Interest Payable Current
InterestPayableCurrent
180000000 USD
CY2022Q1 cqp Accrued Ln Gterminalcosts
AccruedLNGterminalcosts
240000000 USD
CY2021Q4 cqp Accrued Ln Gterminalcosts
AccruedLNGterminalcosts
101000000 USD
CY2022Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
12000000 USD
CY2021Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
6000000 USD
CY2022Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1159000000 USD
CY2021Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1073000000 USD
CY2022Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
17332000000 USD
CY2021Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
17332000000 USD
CY2022Q1 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
148000000 USD
CY2021Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
155000000 USD
CY2022Q1 us-gaap Long Term Debt
LongTermDebt
17184000000 USD
CY2021Q4 us-gaap Long Term Debt
LongTermDebt
17177000000 USD
CY2022Q1 cqp Contractwith Customer Liability Additions
ContractwithCustomerLiabilityAdditions
116000000 USD
CY2022Q1 cqp Debt Minimum Historical Debt Service Coverage Ratio And Projected Debt Service Coverage Ratio
DebtMinimumHistoricalDebtServiceCoverageRatioAndProjectedDebtServiceCoverageRatio
1.25 unit
CY2022Q1 us-gaap Interest Costs Incurred
InterestCostsIncurred
224000000 USD
CY2021Q1 us-gaap Interest Costs Incurred
InterestCostsIncurred
247000000 USD
CY2022Q1 us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
21000000 USD
CY2021Q1 us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
30000000 USD
CY2022Q1 us-gaap Interest Expense
InterestExpense
203000000 USD
CY2021Q1 us-gaap Interest Expense
InterestExpense
217000000 USD
CY2022Q1 us-gaap Revenues
Revenues
3328000000 USD
CY2021Q1 us-gaap Revenues
Revenues
1963000000 USD
CY2022Q1 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
1000000 USD
CY2021Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
1000000 USD
CY2021Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
155000000 USD
CY2021Q4 cqp Contract With Customer Liability Affiliate
ContractWithCustomerLiabilityAffiliate
3000000 USD
CY2022Q1 us-gaap Affiliate Costs
AffiliateCosts
5000000 USD
CY2021Q1 us-gaap Affiliate Costs
AffiliateCosts
42000000 USD
CY2022Q1 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
155000000 USD
CY2022Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
116000000 USD
CY2022Q1 cqp Contract With Customer Liability Additions Affiliate
ContractWithCustomerLiabilityAdditionsAffiliate
3000000 USD
CY2022Q1 cqp Contract With Customer Liability Revenue Recognized Affiliate
ContractWithCustomerLiabilityRevenueRecognizedAffiliate
3000000 USD
CY2022Q1 cqp Contract With Customer Liability Affiliate
ContractWithCustomerLiabilityAffiliate
3000000 USD
CY2022Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
55000000000.0 USD
CY2021Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
53300000000 USD
CY2022Q1 cqp Revenue From Affiliate
RevenueFromAffiliate
757000000 USD
CY2021Q1 cqp Revenue From Affiliate
RevenueFromAffiliate
214000000 USD
CY2022Q1 us-gaap Due From Affiliate Current
DueFromAffiliateCurrent
290000000 USD
CY2021Q4 us-gaap Due From Affiliate Current
DueFromAffiliateCurrent
232000000 USD
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
159000000 USD
CY2022Q1 us-gaap Distribution Made To Limited Partner Cash Distributions Declared
DistributionMadeToLimitedPartnerCashDistributionsDeclared
733000000 USD
CY2022Q1 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
-574000000 USD
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
347000000 USD
CY2021Q1 us-gaap Distribution Made To Limited Partner Cash Distributions Declared
DistributionMadeToLimitedPartnerCashDistributionsDeclared
356000000 USD
CY2021Q1 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
-9000000 USD
CY2022Q1 us-gaap Interest Paid Net
InterestPaidNet
161000000 USD
CY2021Q1 us-gaap Interest Paid Net
InterestPaidNet
185000000 USD
CY2022Q1 us-gaap Construction In Progress Expenditures Incurred But Not Yet Paid
ConstructionInProgressExpendituresIncurredButNotYetPaid
386000000 USD
CY2021Q1 us-gaap Construction In Progress Expenditures Incurred But Not Yet Paid
ConstructionInProgressExpendituresIncurredButNotYetPaid
229000000 USD
CY2022Q1 cqp Novation Ipm Agreement
NovationIPMAgreement
-2712000000 USD
CY2021Q1 cqp Novation Ipm Agreement
NovationIPMAgreement
0 USD

Files In Submission

Name View Source Status
0001383650-22-000018-index-headers.html Edgar Link pending
0001383650-22-000018-index.html Edgar Link pending
0001383650-22-000018.txt Edgar Link pending
0001383650-22-000018-xbrl.zip Edgar Link pending
cqp-20220331.htm Edgar Link pending
cqp-20220331.xsd Edgar Link pending
cqp-20220331_cal.xml Edgar Link unprocessable
cqp-20220331_def.xml Edgar Link unprocessable
cqp-20220331_g1.jpg Edgar Link pending
cqp-20220331_g2.jpg Edgar Link pending
cqp-20220331_g3.jpg Edgar Link pending
cqp-20220331_htm.xml Edgar Link completed
cqp-20220331_lab.xml Edgar Link unprocessable
cqp-20220331_pre.xml Edgar Link unprocessable
exhibit101cqp2022form1stqtr.htm Edgar Link pending
exhibit311cqp2022form1stqtr.htm Edgar Link pending
exhibit312cqp2022form1stqtr.htm Edgar Link pending
exhibit321cqp2022form1stqtr.htm Edgar Link pending
exhibit322cqp2022form1stqtr.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending