2023 Q2 Form 10-Q Financial Statement

#000138365023000028 Filed on May 02, 2023

View on sec.gov

Income Statement

Concept 2023 Q2 2023 Q1 2022 Q4
Revenue $1.933B $2.917B $4.725B
YoY Change -53.77% -12.35% 45.03%
Cost Of Revenue $919.0M $596.0M $1.770B
YoY Change -73.35% -78.61% -25.35%
Gross Profit $1.014B $2.321B $2.955B
YoY Change 38.52% 329.02% 233.15%
Gross Profit Margin 52.46% 79.57% 62.54%
Selling, General & Admin $27.00M $25.00M $24.00M
YoY Change 12.5% -3.85% 4.35%
% of Gross Profit 2.66% 1.08% 0.81%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $167.0M $167.0M $165.0M
YoY Change 7.05% 9.15% 17.86%
% of Gross Profit 16.47% 7.2% 5.58%
Operating Expenses $194.0M $192.0M $197.0M
YoY Change 7.26% 20.86%
Operating Profit $820.0M $2.129B $2.758B
YoY Change 47.75% 488.12% 280.94%
Interest Expense -$207.0M $208.0M -$229.0M
YoY Change -195.83% 2.46% 17.44%
% of Operating Profit -25.24% 9.77% -8.3%
Other Income/Expense, Net $13.00M -$194.0M $11.00M
YoY Change -106.1% -4.43% 266.67%
Pretax Income $622.0M $1.935B $2.507B
YoY Change 81.87% 1116.98% 393.5%
Income Tax
% Of Pretax Income
Net Earnings $407.0M $1.935B $2.237B
YoY Change 19.01% 1116.98% 340.35%
Net Earnings / Revenue 21.06% 66.34% 47.34%
Basic Earnings Per Share
Diluted Earnings Per Share $0.84 $3.50 $4.62
COMMON SHARES
Basic Shares Outstanding 484.0M shares 484.0M shares 484.0M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2023 Q2 2023 Q1 2022 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.834B $834.0M $904.0M
YoY Change 65.08% -27.85% 3.2%
Cash & Equivalents $1.834B $834.0M $904.0M
Short-Term Investments
Other Short-Term Assets $352.0M $44.00M $50.00M
YoY Change 238.46% -52.69% -42.53%
Inventory $130.0M $150.0M $160.0M
Prepaid Expenses
Receivables $446.0M $259.0M $603.0M
Other Receivables $31.00M $10.00M $24.00M
Total Short-Term Assets $2.793B $1.933B $2.620B
YoY Change -5.64% -20.58% 18.44%
LONG-TERM ASSETS
Property, Plant & Equipment $16.55B $16.59B $16.73B
YoY Change -1.86% -1.94% -0.62%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $216.0M $171.0M $163.0M
YoY Change 27.81% -0.58% -5.78%
Total Long-Term Assets $16.76B $16.88B $17.01B
YoY Change -2.36% -1.97% -0.78%
TOTAL ASSETS
Total Short-Term Assets $2.793B $1.933B $2.620B
Total Long-Term Assets $16.76B $16.88B $17.01B
Total Assets $19.56B $18.82B $19.63B
YoY Change -2.85% -4.28% 1.42%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $60.00M $70.00M $32.00M
YoY Change 93.55% 191.67% 52.38%
Accrued Expenses $571.0M $674.0M $1.378B
YoY Change -63.77% -41.85% 28.42%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due $1.796B $60.00M $0.00
YoY Change 19.97%
Total Short-Term Liabilities $2.932B $1.348B $2.421B
YoY Change -22.41% -15.75% 80.0%
LONG-TERM LIABILITIES
Long-Term Debt $15.61B $16.15B $16.20B
YoY Change -0.52% -6.05% -5.7%
Other Long-Term Liabilities $2.060B $2.257B $3.127B
YoY Change -37.25% -27.29%
Total Long-Term Liabilities $17.67B $16.15B $16.20B
YoY Change 12.6% -6.05% -5.7%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.932B $1.348B $2.421B
Total Long-Term Liabilities $17.67B $16.15B $16.20B
Total Liabilities $20.60B $17.49B $18.62B
YoY Change 5.81% -6.87% 0.52%
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 -$1.046B -$950.0M -$2.131B
YoY Change
Total Liabilities & Shareholders Equity $19.56B $18.82B $19.63B
YoY Change -2.85% -4.28% 1.42%

Cashflow Statement

Concept 2023 Q2 2023 Q1 2022 Q4
OPERATING ACTIVITIES
Net Income $407.0M $1.935B $2.237B
YoY Change 19.01% 1116.98% 340.35%
Depreciation, Depletion And Amortization $167.0M $167.0M $165.0M
YoY Change 7.05% 9.15% 17.86%
Cash From Operating Activities $691.0M $847.0M $1.707B
YoY Change -12.09% 5.88% 173.56%
INVESTING ACTIVITIES
Capital Expenditures $60.00M $89.00M $95.00M
YoY Change -139.47% 2.3% -162.09%
Acquisitions
YoY Change
Other Investing Activities -$1.000M $5.000M
YoY Change
Cash From Investing Activities -$61.00M -$94.00M -$95.00M
YoY Change -59.87% 8.05% -37.91%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 451.0M -$755.0M -1.799B
YoY Change -161.19% 91.14% 33.95%
NET CHANGE
Cash From Operating Activities 691.0M $847.0M 1.707B
Cash From Investing Activities -61.00M -$94.00M -95.00M
Cash From Financing Activities 451.0M -$755.0M -1.799B
Net Change In Cash 1.081B -$2.000M -187.0M
YoY Change -1149.51% -100.63% -78.56%
FREE CASH FLOW
Cash From Operating Activities $691.0M $847.0M $1.707B
Capital Expenditures $60.00M $89.00M $95.00M
Free Cash Flow $631.0M $758.0M $1.612B
YoY Change -32.73% 6.31% 107.46%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2023Q1 dei Entity Central Index Key
EntityCentralIndexKey
0001383650
CY2023Q1 dei Amendment Flag
AmendmentFlag
false
CY2023Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2023Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
CY2023Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2023Q1 dei Document Type
DocumentType
10-Q
CY2023Q1 dei Document Quarterly Report
DocumentQuarterlyReport
true
CY2023Q1 dei Document Period End Date
DocumentPeriodEndDate
2023-03-31
CY2023Q1 dei Document Transition Report
DocumentTransitionReport
false
CY2023Q1 dei Entity File Number
EntityFileNumber
001-33366
CY2023Q1 dei Entity Registrant Name
EntityRegistrantName
Cheniere Energy Partners, L.P.
CY2023Q1 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
CY2023Q1 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
20-5913059
CY2023Q1 dei Entity Address Address Line1
EntityAddressAddressLine1
700 Milam Street
CY2023Q1 dei Entity Address Address Line2
EntityAddressAddressLine2
Suite 1900
CY2023Q1 dei Entity Address City Or Town
EntityAddressCityOrTown
Houston
CY2023Q1 dei Entity Address State Or Province
EntityAddressStateOrProvince
TX
CY2023Q1 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
77002
CY2023Q1 dei City Area Code
CityAreaCode
713
CY2023Q1 dei Local Phone Number
LocalPhoneNumber
375-5000
CY2023Q1 dei Security12b Title
Security12bTitle
Common Units Representing Limited Partner Interests
CY2023Q1 dei Trading Symbol
TradingSymbol
CQP
CY2023Q1 dei Security Exchange Name
SecurityExchangeName
NYSEAMER
CY2023Q1 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2023Q1 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2023Q1 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2023Q1 dei Entity Small Business
EntitySmallBusiness
false
CY2023Q1 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2023Q1 dei Entity Shell Company
EntityShellCompany
false
CY2023Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
484033123 shares
CY2023Q1 us-gaap Revenues
Revenues
2917000000 usd
CY2022Q1 us-gaap Revenues
Revenues
3328000000 usd
CY2023Q1 us-gaap Cost Of Goods And Service Excluding Depreciation Depletion And Amortization
CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization
313000000 usd
CY2022Q1 us-gaap Cost Of Goods And Service Excluding Depreciation Depletion And Amortization
CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization
2562000000 usd
CY2023Q1 us-gaap Affiliate Costs
AffiliateCosts
17000000 usd
CY2022Q1 us-gaap Affiliate Costs
AffiliateCosts
5000000 usd
CY2023Q1 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
206000000 usd
CY2022Q1 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
170000000 usd
CY2023Q1 cqp Affiliate Operating Costs And Expenses
AffiliateOperatingCostsAndExpenses
44000000 usd
CY2022Q1 cqp Affiliate Operating Costs And Expenses
AffiliateOperatingCostsAndExpenses
38000000 usd
CY2023Q1 cqp Related Party Operating Costs And Expenses
RelatedPartyOperatingCostsAndExpenses
16000000 usd
CY2022Q1 cqp Related Party Operating Costs And Expenses
RelatedPartyOperatingCostsAndExpenses
12000000 usd
CY2023Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
3000000 usd
CY2022Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
3000000 usd
CY2023Q1 us-gaap Related Party Transaction Selling General And Administrative Expenses From Transactions With Related Party
RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty
22000000 usd
CY2022Q1 us-gaap Related Party Transaction Selling General And Administrative Expenses From Transactions With Related Party
RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty
23000000 usd
CY2023Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
167000000 usd
CY2022Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
153000000 usd
CY2023Q1 us-gaap Costs And Expenses
CostsAndExpenses
788000000 usd
CY2022Q1 us-gaap Costs And Expenses
CostsAndExpenses
2966000000 usd
CY2023Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
2129000000 usd
CY2022Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
362000000 usd
CY2023Q1 us-gaap Interest Expense
InterestExpense
208000000 usd
CY2022Q1 us-gaap Interest Expense
InterestExpense
203000000 usd
CY2023Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
14000000 usd
CY2022Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
0 usd
CY2023Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-194000000 usd
CY2022Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-203000000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
1935000000 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
159000000 usd
CY2023Q1 us-gaap Net Income Loss Per Outstanding Limited Partnership And General Partnership Unit Basic And Diluted
NetIncomeLossPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitBasicAndDiluted
3.50
CY2022Q1 us-gaap Net Income Loss Per Outstanding Limited Partnership And General Partnership Unit Basic And Diluted
NetIncomeLossPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitBasicAndDiluted
-0.11
CY2023Q1 us-gaap Weighted Average Number Of Limited Partnership And General Partnership Unit Outstanding Basic And Diluted
WeightedAverageNumberOfLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasicAndDiluted
484000000.0 shares
CY2022Q1 us-gaap Weighted Average Number Of Limited Partnership And General Partnership Unit Outstanding Basic And Diluted
WeightedAverageNumberOfLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasicAndDiluted
484000000.0 shares
CY2023Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
834000000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
904000000 usd
CY2023Q1 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
160000000 usd
CY2022Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
92000000 usd
CY2023Q1 us-gaap Receivables Net Current
ReceivablesNetCurrent
269000000 usd
CY2022Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
627000000 usd
CY2023Q1 us-gaap Due From Affiliate Current
DueFromAffiliateCurrent
263000000 usd
CY2022Q4 us-gaap Due From Affiliate Current
DueFromAffiliateCurrent
551000000 usd
CY2023Q1 cqp Advances To Affiliate Current
AdvancesToAffiliateCurrent
157000000 usd
CY2022Q4 cqp Advances To Affiliate Current
AdvancesToAffiliateCurrent
177000000 usd
CY2023Q1 us-gaap Inventory Net
InventoryNet
150000000 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
160000000 usd
CY2023Q1 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
55000000 usd
CY2022Q4 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
24000000 usd
CY2023Q1 us-gaap Margin Deposit Assets
MarginDepositAssets
0 usd
CY2022Q4 us-gaap Margin Deposit Assets
MarginDepositAssets
35000000 usd
CY2023Q1 us-gaap Other Assets Current
OtherAssetsCurrent
44000000 usd
CY2022Q4 us-gaap Other Assets Current
OtherAssetsCurrent
50000000 usd
CY2023Q1 cqp Other Current Assets Related Party
OtherCurrentAssetsRelatedParty
1000000 usd
CY2022Q4 cqp Other Current Assets Related Party
OtherCurrentAssetsRelatedParty
0 usd
CY2023Q1 us-gaap Assets Current
AssetsCurrent
1933000000 usd
CY2022Q4 us-gaap Assets Current
AssetsCurrent
2620000000 usd
CY2023Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
16587000000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
16725000000 usd
CY2023Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
87000000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
89000000 usd
CY2023Q1 us-gaap Debt Issuance Costs Line Of Credit Arrangements Net
DebtIssuanceCostsLineOfCreditArrangementsNet
7000000 usd
CY2022Q4 us-gaap Debt Issuance Costs Line Of Credit Arrangements Net
DebtIssuanceCostsLineOfCreditArrangementsNet
8000000 usd
CY2023Q1 us-gaap Derivative Assets Noncurrent
DerivativeAssetsNoncurrent
32000000 usd
CY2022Q4 us-gaap Derivative Assets Noncurrent
DerivativeAssetsNoncurrent
28000000 usd
CY2023Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
171000000 usd
CY2022Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
163000000 usd
CY2023Q1 us-gaap Assets
Assets
18817000000 usd
CY2022Q4 us-gaap Assets
Assets
19633000000 usd
CY2023Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
70000000 usd
CY2022Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
32000000 usd
CY2023Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
674000000 usd
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1378000000 usd
CY2023Q1 cqp Accrued Liabilities Related Party
AccruedLiabilitiesRelatedParty
5000000 usd
CY2022Q4 cqp Accrued Liabilities Related Party
AccruedLiabilitiesRelatedParty
6000000 usd
CY2023Q1 us-gaap Debt Current
DebtCurrent
60000000 usd
CY2022Q4 us-gaap Debt Current
DebtCurrent
0 usd
CY2023Q1 us-gaap Due To Affiliate Current
DueToAffiliateCurrent
32000000 usd
CY2022Q4 us-gaap Due To Affiliate Current
DueToAffiliateCurrent
74000000 usd
CY2023Q1 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
83000000 usd
CY2022Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
144000000 usd
CY2023Q1 cqp Deferred Revenue Related Party Current
DeferredRevenueRelatedPartyCurrent
0 usd
CY2022Q4 cqp Deferred Revenue Related Party Current
DeferredRevenueRelatedPartyCurrent
3000000 usd
CY2023Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
11000000 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
10000000 usd
CY2023Q1 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
400000000 usd
CY2022Q4 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
769000000 usd
CY2023Q1 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
13000000 usd
CY2022Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
5000000 usd
CY2023Q1 us-gaap Liabilities Current
LiabilitiesCurrent
1348000000 usd
CY2022Q4 us-gaap Liabilities Current
LiabilitiesCurrent
2421000000 usd
CY2023Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
16145000000 usd
CY2022Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
16198000000 usd
CY2023Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
78000000 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
80000000 usd
CY2023Q1 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
17000000 usd
CY2022Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
18000000 usd
CY2023Q1 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
2157000000 usd
CY2022Q4 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
3024000000 usd
CY2023Q1 cqp Other Non Current Liabilities Related Party
OtherNonCurrentLiabilitiesRelatedParty
22000000 usd
CY2022Q4 cqp Other Non Current Liabilities Related Party
OtherNonCurrentLiabilitiesRelatedParty
23000000 usd
CY2023Q1 cqp Common Unitholders Equity
CommonUnitholdersEquity
261000000 usd
CY2022Q4 cqp Common Unitholders Equity
CommonUnitholdersEquity
-1118000000 usd
CY2023Q1 us-gaap General Partners Capital Account
GeneralPartnersCapitalAccount
-1211000000 usd
CY2022Q4 us-gaap General Partners Capital Account
GeneralPartnersCapitalAccount
-1013000000 usd
CY2023Q1 us-gaap Partners Capital
PartnersCapital
-950000000 usd
CY2022Q4 us-gaap Partners Capital
PartnersCapital
-2131000000 usd
CY2023Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
18817000000 usd
CY2022Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
19633000000 usd
CY2022Q4 us-gaap Partners Capital
PartnersCapital
-2131000000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
1935000000 usd
CY2023Q1 us-gaap Partners Capital
PartnersCapital
-950000000 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
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
1935000000 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
159000000 usd
CY2023Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
167000000 usd
CY2022Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
153000000 usd
CY2023Q1 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
7000000 usd
CY2022Q1 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
7000000 usd
CY2023Q1 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
1260000000 usd
CY2022Q1 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
-525000000 usd
CY2023Q1 us-gaap Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
11000000 usd
CY2022Q1 us-gaap Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
9000000 usd
CY2023Q1 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-6000000 usd
CY2022Q1 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-4000000 usd
CY2023Q1 us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
-358000000 usd
CY2022Q1 us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
-88000000 usd
CY2023Q1 us-gaap Increase Decrease In Due From Affiliates Current
IncreaseDecreaseInDueFromAffiliatesCurrent
-288000000 usd
CY2022Q1 us-gaap Increase Decrease In Due From Affiliates Current
IncreaseDecreaseInDueFromAffiliatesCurrent
74000000 usd
CY2023Q1 cqp Increase Decrease In Advances To Affiliate
IncreaseDecreaseInAdvancesToAffiliate
-18000000 usd
CY2022Q1 cqp Increase Decrease In Advances To Affiliate
IncreaseDecreaseInAdvancesToAffiliate
8000000 usd
CY2023Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-10000000 usd
CY2022Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-25000000 usd
CY2023Q1 us-gaap Increase Decrease In Margin Deposits Outstanding
IncreaseDecreaseInMarginDepositsOutstanding
-35000000 usd
CY2022Q1 us-gaap Increase Decrease In Margin Deposits Outstanding
IncreaseDecreaseInMarginDepositsOutstanding
-25000000 usd
CY2023Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-617000000 usd
CY2022Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
13000000 usd
CY2023Q1 cqp Increase Decrease In Accrued Liabilities Related Parties
IncreaseDecreaseInAccruedLiabilitiesRelatedParties
-2000000 usd
CY2022Q1 cqp Increase Decrease In Accrued Liabilities Related Parties
IncreaseDecreaseInAccruedLiabilitiesRelatedParties
1000000 usd
CY2023Q1 us-gaap Increase Decrease In Due To Affiliates
IncreaseDecreaseInDueToAffiliates
-40000000 usd
CY2022Q1 us-gaap Increase Decrease In Due To Affiliates
IncreaseDecreaseInDueToAffiliates
-20000000 usd
CY2023Q1 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-61000000 usd
CY2022Q1 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-39000000 usd
CY2023Q1 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-18000000 usd
CY2022Q1 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
49000000 usd
CY2023Q1 cqp Increase Decrease In Other Operating Activities Affiliate
IncreaseDecreaseInOtherOperatingActivitiesAffiliate
4000000 usd
CY2022Q1 cqp Increase Decrease In Other Operating Activities Affiliate
IncreaseDecreaseInOtherOperatingActivitiesAffiliate
1000000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
847000000 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
800000000 usd
CY2023Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
89000000 usd
CY2022Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
87000000 usd
CY2023Q1 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
5000000 usd
CY2022Q1 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
0 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-94000000 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-87000000 usd
CY2023Q1 us-gaap Payments Of Capital Distribution
PaymentsOfCapitalDistribution
754000000 usd
CY2022Q1 us-gaap Payments Of Capital Distribution
PaymentsOfCapitalDistribution
395000000 usd
CY2023Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-1000000 usd
CY2022Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
0 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-755000000 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-395000000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-2000000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
318000000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
996000000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
974000000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
994000000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1292000000 usd
CY2023Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
834000000 usd
CY2023Q1 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
160000000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
994000000 usd
CY2023Q1 cqp Property Plant And Equipment Reduction For Testing Costs Recovered
PropertyPlantAndEquipmentReductionForTestingCostsRecovered
0 usd
CY2022Q1 cqp Property Plant And Equipment Reduction For Testing Costs Recovered
PropertyPlantAndEquipmentReductionForTestingCostsRecovered
148000000 usd
CY2023Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
259000000 usd
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
603000000 usd
CY2023Q1 us-gaap Other Receivables Gross Current
OtherReceivablesGrossCurrent
10000000 usd
CY2022Q4 us-gaap Other Receivables Gross Current
OtherReceivablesGrossCurrent
24000000 usd
CY2023Q1 us-gaap Receivables Net Current
ReceivablesNetCurrent
269000000 usd
CY2022Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
627000000 usd
CY2023Q1 us-gaap Derivative Liabilities
DerivativeLiabilities
2557000000 usd
CY2023Q1 us-gaap Inventory Net
InventoryNet
150000000 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
160000000 usd
CY2023Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
16587000000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
16725000000 usd
CY2023Q1 us-gaap Depreciation
Depreciation
165000000 usd
CY2022Q1 us-gaap Depreciation
Depreciation
152000000 usd
CY2023Q1 us-gaap Derivative Assets Liabilities At Fair Value Net
DerivativeAssetsLiabilitiesAtFairValueNet
-2470000000 usd
CY2022Q4 us-gaap Derivative Assets Liabilities At Fair Value Net
DerivativeAssetsLiabilitiesAtFairValueNet
-3741000000 usd
CY2023Q1 us-gaap Derivative Assets
DerivativeAssets
87000000 usd
CY2022Q4 us-gaap Derivative Assets
DerivativeAssets
52000000 usd
CY2022Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
3793000000 usd
CY2023Q1 us-gaap Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
-2470000000 usd
CY2022Q4 us-gaap Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
-3741000000 usd
CY2023Q1 us-gaap Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
8000000 usd
CY2022Q4 us-gaap Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
35000000 usd
CY2023Q1 cqp Accrued Natural Gas Purchases
AccruedNaturalGasPurchases
406000000 usd
CY2022Q4 cqp Accrued Natural Gas Purchases
AccruedNaturalGasPurchases
1017000000 usd
CY2023Q1 us-gaap Interest Payable Current
InterestPayableCurrent
164000000 usd
CY2022Q4 us-gaap Interest Payable Current
InterestPayableCurrent
218000000 usd
CY2023Q1 cqp Accrued Ln Gterminalcosts
AccruedLNGterminalcosts
92000000 usd
CY2022Q4 cqp Accrued Ln Gterminalcosts
AccruedLNGterminalcosts
137000000 usd
CY2023Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
12000000 usd
CY2022Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
6000000 usd
CY2023Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
674000000 usd
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1378000000 usd
CY2023Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
16332000000 usd
CY2022Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
16332000000 usd
CY2023Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
60000000 usd
CY2022Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
0 usd
CY2023Q1 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
127000000 usd
CY2022Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
134000000 usd
CY2023Q1 us-gaap Long Term Debt
LongTermDebt
16145000000 usd
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
16198000000 usd
CY2023Q1 cqp Long Term Debt Current Gross
LongTermDebtCurrentGross
60000000 usd
CY2023Q1 cqp Debt Minimum Historical Debt Service Coverage Ratio And Projected Debt Service Coverage Ratio
DebtMinimumHistoricalDebtServiceCoverageRatioAndProjectedDebtServiceCoverageRatio
1.25 unit
CY2023Q1 us-gaap Interest Costs Incurred
InterestCostsIncurred
210000000 usd
CY2022Q1 us-gaap Interest Costs Incurred
InterestCostsIncurred
224000000 usd
CY2023Q1 us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
2000000 usd
CY2022Q1 us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
21000000 usd
CY2023Q1 us-gaap Interest Expense
InterestExpense
208000000 usd
CY2022Q1 us-gaap Interest Expense
InterestExpense
203000000 usd
CY2022Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
144000000 usd
CY2023Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2917000000 usd
CY2022Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3328000000 usd
CY2023Q1 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
1000000 usd
CY2022Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
1000000 usd
CY2023Q1 cqp Contractwith Customer Liability Additions
ContractwithCustomerLiabilityAdditions
83000000 usd
CY2023Q1 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
144000000 usd
CY2023Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
83000000 usd
CY2022Q4 cqp Contract With Customer Liability Affiliate
ContractWithCustomerLiabilityAffiliate
8000000 usd
CY2023Q1 cqp Contract With Customer Liability Additions Affiliate
ContractWithCustomerLiabilityAdditionsAffiliate
5000000 usd
CY2023Q1 cqp Contract With Customer Liability Revenue Recognized Affiliate
ContractWithCustomerLiabilityRevenueRecognizedAffiliate
8000000 usd
CY2023Q1 cqp Contract With Customer Liability Affiliate
ContractWithCustomerLiabilityAffiliate
5000000 usd
CY2023Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
52500000000 usd
CY2022Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
53600000000 usd
CY2023Q1 us-gaap Due To Affiliate Current
DueToAffiliateCurrent
32000000 usd
CY2022Q4 us-gaap Due To Affiliate Current
DueToAffiliateCurrent
74000000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
1935000000 usd
CY2023Q1 us-gaap Distribution Made To Limited Partner Cash Distributions Declared
DistributionMadeToLimitedPartnerCashDistributionsDeclared
714000000 usd
CY2023Q1 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
1221000000 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
CY2023Q1 us-gaap Interest Paid Net
InterestPaidNet
252000000 usd
CY2022Q1 us-gaap Interest Paid Net
InterestPaidNet
161000000 usd
CY2023Q1 us-gaap Construction In Progress Expenditures Incurred But Not Yet Paid
ConstructionInProgressExpendituresIncurredButNotYetPaid
44000000 usd
CY2022Q1 us-gaap Construction In Progress Expenditures Incurred But Not Yet Paid
ConstructionInProgressExpendituresIncurredButNotYetPaid
209000000 usd

Files In Submission

Name View Source Status
0001383650-23-000028-index-headers.html Edgar Link pending
0001383650-23-000028-index.html Edgar Link pending
0001383650-23-000028.txt Edgar Link pending
0001383650-23-000028-xbrl.zip Edgar Link pending
cqp-20230331.htm Edgar Link pending
cqp-20230331.xsd Edgar Link pending
cqp-20230331_g1.jpg Edgar Link pending
exhibit101cqp2023q1form10q.htm Edgar Link pending
exhibit311cqp2023q1form10q.htm Edgar Link pending
exhibit312cqp2023q1form10q.htm Edgar Link pending
cqp-20230331_def.xml Edgar Link unprocessable
cqp-20230331_cal.xml Edgar Link unprocessable
cqp-20230331_lab.xml Edgar Link unprocessable
cqp-20230331_pre.xml Edgar Link unprocessable
cqp-20230331_htm.xml Edgar Link completed
exhibit321cqp2023q1form10q.htm Edgar Link pending
exhibit322cqp2023q1form10q.htm Edgar Link pending
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
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
FilingSummary.xml Edgar Link unprocessable