2020 Q4 Form 10-K Financial Statement

#000000357021000039 Filed on February 24, 2021

View on sec.gov

Income Statement

Concept 2020 Q4 2020 Q3 2020
Revenue $2.787B $1.460B $9.358B
YoY Change -7.32% -32.72% -3.82%
Cost Of Revenue $2.082B $1.008B $5.049B
YoY Change 26.03% -19.75% -11.82%
Gross Profit $705.0M $452.0M $4.309B
YoY Change -47.97% -50.55% 7.62%
Gross Profit Margin 25.3% 30.96% 46.05%
Selling, General & Admin $194.0M $70.00M $302.0M
YoY Change -25.38% -2.78% -2.58%
% of Gross Profit 27.52% 15.49% 7.01%
Research & Development $0.00 $6.000M
YoY Change -100.0% -33.33%
% of Gross Profit 0.0% 0.14%
Depreciation & Amortization $233.0M $233.0M $932.0M
YoY Change 0.0% 9.39% 17.38%
% of Gross Profit 33.05% 51.55% 21.63%
Operating Expenses $428.0M $70.00M $308.0M
YoY Change -13.71% -96.24% -95.82%
Operating Profit $276.0M $72.00M $2.631B
YoY Change -72.83% -76.55% 11.44%
Interest Expense -$351.0M $355.0M $1.525B
YoY Change 82.81% -10.13% 6.49%
% of Operating Profit -127.17% 493.06% 57.96%
Other Income/Expense, Net $3.000M -$655.0M -$2.087B
YoY Change -76.92% 14.91% 26.79%
Pretax Income -$74.00M -$583.0M $544.0M
YoY Change -111.64% 121.67% -23.92%
Income Tax -$76.00M -$75.00M $43.00M
% Of Pretax Income 7.9%
Net Earnings -$194.0M -$463.0M -$85.00M
YoY Change -120.66% 45.6% -113.12%
Net Earnings / Revenue -6.96% -31.71% -0.91%
Basic Earnings Per Share -$0.77 -$1.84 -$0.34
Diluted Earnings Per Share -$0.77 -$1.84 -$0.34
COMMON SHARES
Basic Shares Outstanding 252.3M shares 252.2M shares 252.4M shares
Diluted Shares Outstanding 252.2M shares 252.4M shares

Balance Sheet

Concept 2020 Q4 2020 Q3 2020
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.628B $2.091B $1.628B
YoY Change -34.2% -17.64% -34.2%
Cash & Equivalents $1.628B $2.091B $1.628B
Short-Term Investments
Other Short-Term Assets $96.00M $154.0M $602.0M
YoY Change 4.35% 15.79% -35.61%
Inventory $292.0M $280.0M $292.0M
Prepaid Expenses
Receivables $482.0M $249.0M $482.0M
Other Receivables $165.0M $141.0M $165.0M
Total Short-Term Assets $3.169B $3.632B $3.169B
YoY Change -24.76% -13.21% -24.76%
LONG-TERM ASSETS
Property, Plant & Equipment $30.42B $30.20B $31.18B
YoY Change 2.52% 2.41% 3.55%
Goodwill $77.00M $77.00M
YoY Change 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments $81.00M $77.00M $81.00M
YoY Change -25.0% 5.48% -25.0%
Other Assets $406.0M $385.0M $1.090B
YoY Change 4.64% 34.15% 13.19%
Total Long-Term Assets $32.53B $32.30B $32.53B
YoY Change 3.99% 5.83% 3.99%
TOTAL ASSETS
Total Short-Term Assets $3.169B $3.632B $3.169B
Total Long-Term Assets $32.53B $32.30B $32.53B
Total Assets $35.70B $35.93B $35.70B
YoY Change 0.58% 3.53% 0.58%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $35.00M $41.00M $35.00M
YoY Change -46.97% -18.0% -46.97%
Accrued Expenses $1.175B $1.006B $1.336B
YoY Change -8.27% -16.1% -11.93%
Deferred Revenue
YoY Change
Short-Term Debt $140.0M $338.0M $0.00
YoY Change
Long-Term Debt Due $232.0M $340.0M $374.0M
YoY Change 23100.0% 2515.38% 37300.0%
Total Short-Term Liabilities $2.196B $1.917B $2.196B
YoY Change 17.18% 1.32% 17.18%
LONG-TERM LIABILITIES
Long-Term Debt $30.47B $30.95B $30.53B
YoY Change -0.98% 0.5% -0.99%
Other Long-Term Liabilities $7.000M $14.00M $755.0M
YoY Change -36.36% -46.15% 115.1%
Total Long-Term Liabilities $30.48B $30.96B $31.28B
YoY Change -1.0% 0.46% 0.32%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.196B $1.917B $2.196B
Total Long-Term Liabilities $30.48B $30.96B $31.28B
Total Liabilities $32.67B $32.88B $35.89B
YoY Change 0.05% 0.51% 1.08%
SHAREHOLDERS EQUITY
Retained Earnings -$3.593B -$3.399B
YoY Change 2.42% -23.57%
Common Stock $1.000M $0.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $872.0M $872.0M
YoY Change 29.38% 49.32%
Treasury Stock Shares 20.80M shares 20.80M shares
Shareholders Equity -$191.0M -$24.00M -$191.0M
YoY Change
Total Liabilities & Shareholders Equity $35.70B $35.93B $35.70B
YoY Change 0.58% 3.53% 0.58%

Cashflow Statement

Concept 2020 Q4 2020 Q3 2020
OPERATING ACTIVITIES
Net Income -$194.0M -$463.0M -$85.00M
YoY Change -120.66% 45.6% -113.12%
Depreciation, Depletion And Amortization $233.0M $233.0M $932.0M
YoY Change 0.0% 9.39% 17.38%
Cash From Operating Activities $500.0M -$263.0M $1.265B
YoY Change -32.52% -179.22% -30.99%
INVESTING ACTIVITIES
Capital Expenditures -$402.0M -$454.0M $1.839B
YoY Change -14.29% -57.92% -39.82%
Acquisitions
YoY Change
Other Investing Activities $0.00 -$1.000M $8.000M
YoY Change -100.0% -97.3% 300.0%
Cash From Investing Activities -$402.0M -$455.0M -$1.947B
YoY Change -20.4% -59.23% -38.44%
FINANCING ACTIVITIES
Cash Dividend Paid $0.00
YoY Change
Common Stock Issuance & Retirement, Net $0.00 $155.0M
YoY Change -100.0% -37.75%
Debt Paid & Issued, Net $7.708B
YoY Change
Cash From Financing Activities -634.0M 787.0M -$235.0M
YoY Change 76.6% 70.72% -120.12%
NET CHANGE
Cash From Operating Activities 500.0M -263.0M $1.265B
Cash From Investing Activities -402.0M -455.0M -$1.947B
Cash From Financing Activities -634.0M 787.0M -$235.0M
Net Change In Cash -536.0M 69.00M -$917.0M
YoY Change 335.77% -121.36% 466.05%
FREE CASH FLOW
Cash From Operating Activities $500.0M -$263.0M $1.265B
Capital Expenditures -$402.0M -$454.0M $1.839B
Free Cash Flow $902.0M $191.0M -$574.0M
YoY Change -25.45% -86.46% -53.07%

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CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2018 us-gaap Net Income Loss
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CY2019 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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CY2019 lng Stock Repurchase Program Treasury Stock Value Acquired Cost Method
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154000000 USD
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CY2018 us-gaap Increase Decrease In Accounts And Other Receivables
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27000000 USD
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18000000 USD
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52000000 USD
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188000000 USD
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-277000000 USD
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0 USD
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CY2019 lng Increase Decrease In Finance Lease Liabilities
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93000000 USD
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6000000 USD
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1833000000 USD
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1990000000 USD
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1839000000 USD
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3056000000 USD
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3643000000 USD
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100000000 USD
CY2019 us-gaap Payments To Acquire Equity Method Investments
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105000000 USD
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25000000 USD
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CY2019 us-gaap Net Cash Provided By Used In Financing Activities
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1168000000 USD
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2207000000 USD
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CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
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CY2018 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
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543000000 USD
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2994000000 USD
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3156000000 USD
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2613000000 USD
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2077000000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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2994000000 USD
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3156000000 USD
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CY2019Q4 us-gaap Restricted Cash Current
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520000000 USD
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2077000000 USD
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2994000000 USD
CY2020 us-gaap Nature Of Operations
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ORGANIZATION AND NATURE OF OPERATIONS<div style="text-align:justify;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Cheniere, a Delaware corporation, is a Houston-based energy infrastructure company primarily engaged in LNG-related businesses. We are operating and constructing two natural gas liquefaction and export facilities at Sabine Pass and Corpus Christi. </span></div><div style="text-align:justify;text-indent:27pt"><span><br/></span></div><div style="text-align:justify;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Sabine Pass LNG terminal is located in Cameron Parish, Louisiana, on the Sabine-Neches Waterway less than four miles from the Gulf Coast. Cheniere Partners, through its subsidiary SPL, is currently operating five natural gas liquefaction Trains and is constructing one additional Train that is expected to be substantially completed in the second half of 2022, for a total production capacity of approximately 30 mtpa of LNG (the “SPL Project”) at the Sabine Pass LNG terminal. The Sabine Pass LNG terminal has operational regasification facilities owned by Cheniere Partners’ subsidiary, SPLNG, that include pre-existing infrastructure of five LNG storage tanks, two marine berths and vaporizers and an additional marine berth that is under construction. Cheniere Partners also owns a 94-mile pipeline that interconnects the Sabine Pass LNG terminal with a number of large interstate pipelines (the “Creole Trail Pipeline”) through its subsidiary, CTPL. As of December 31, 2020, we owned 100% of the general partner interest and 48.6% of the limited partner interest in Cheniere Partners. </span></div><div style="text-align:justify;text-indent:27pt"><span><br/></span></div><div style="text-align:justify;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Corpus Christi LNG terminal is located near Corpus Christi, Texas and is operated and constructed by our subsidiary, CCL. We are currently operating two Trains and one additional Train is undergoing commissioning for a total production capacity of approximately 15 mtpa of LNG. We also operate a 23-mile natural gas supply pipeline that interconnects the Corpus Christi LNG terminal with several interstate and intrastate natural gas pipelines (the “Corpus Christi Pipeline” and together with the Trains, the “CCL Project”) through our subsidiary, CCP. The CCL Project, once fully constructed, will contain three LNG storage tanks and two marine berths.</span></div><div style="text-align:justify;text-indent:27pt"><span><br/></span></div><div style="text-align:justify;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Additionally, separate from the CCH Group, we are developing an expansion of the Corpus Christi LNG terminal adjacent to the CCL Project (“Corpus Christi Stage 3”) through our subsidiary CCL Stage III, for up to seven midscale Trains with an expected total production capacity of approximately 10 mtpa of LNG. We received approval from FERC in November 2019 to site, construct and operate the expansion project.</span></div><div style="text-align:justify;text-indent:27pt"><span><br/></span></div><div style="text-align:justify;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We remain focused on operational excellence and customer satisfaction. Increasing demand of LNG has allowed us to expand our liquefaction infrastructure in a financially disciplined manner. We have increased available liquefaction capacity at our Liquefaction Projects as a result of debottlenecking and other optimization projects. We hold significant land positions at both the Sabine Pass LNG terminal and the Corpus Christi LNG terminal which provide opportunity for further liquefaction capacity expansion. The development of these sites or other projects, including infrastructure projects in support of natural gas supply and LNG demand, will require, among other things, acceptable commercial and financing arrangements before we make a final investment decision (“FID”).</span></div>
CY2020 lng Number Of Natural Gas Liquefaction And Export Facilities
NumberOfNaturalGasLiquefactionAndExportFacilities
2 unit
CY2020 us-gaap Use Of Estimates
UseOfEstimates
<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of Consolidated Financial Statements in conformity with GAAP requires management to make certain estimates and assumptions that affect the amounts reported in the Consolidated Financial Statements and the accompanying notes. Management evaluates its estimates and related assumptions regularly, including those related to fair value measurements, revenue recognition, property, plant and equipment, derivative instruments, leases, goodwill, asset retirement obligations (“AROs”), share-based compensation and income taxes including valuation allowances for deferred tax assets, as further discussed under the respective sections within this note. Changes in facts and circumstances or additional information may result in revised estimates, and actual results may differ from these estimates.</span></div>
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
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5000000 USD
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
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0 USD
CY2020 us-gaap Impairment Of Long Lived Assets Held For Use
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0 USD
CY2018 us-gaap Impairment Of Long Lived Assets Held For Use
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0 USD
CY2019 us-gaap Impairment Of Long Lived Assets Held For Use
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0 USD
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0 USD
CY2020Q4 us-gaap Cash Flow Hedges Derivative Instruments At Fair Value Net
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0 USD
CY2018Q4 us-gaap Cash Flow Hedges Derivative Instruments At Fair Value Net
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0 USD
CY2020 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Concentration of Credit Risk</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Financial instruments that potentially subject us to a concentration of credit risk consist principally of cash and cash equivalents, restricted cash, derivative instruments and accounts receivable. We maintain cash balances at financial institutions, which may at times be in excess of federally insured levels. We have not incurred losses related to these balances to date.</span></div><div style="text-align:justify;text-indent:27pt"><span><br/></span></div><div style="text-align:justify;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The use of derivative instruments exposes us to counterparty credit risk, or the risk that a counterparty will be unable to meet its commitments. Certain of our commodity derivative transactions are executed through over-the-counter contracts which are subject to nominal credit risk as these transactions are settled on a daily margin basis with investment grade financial institutions. Collateral deposited for such contracts is recorded within other current assets. Our interest rate and FX derivative instruments are placed with investment grade financial institutions whom we believe are acceptable credit risks. We monitor counterparty creditworthiness on an ongoing basis; however, we cannot predict sudden changes in counterparties’ creditworthiness. In addition, even if such changes are not sudden, we may be limited in our ability to mitigate an increase in counterparty credit risk. Should one of these counterparties not perform, we may not realize the benefit of some of our derivative instruments.</span></div><div style="text-align:justify;text-indent:27pt"><span><br/></span></div><div style="text-align:justify;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">SPL has entered into fixed price long-term SPAs generally with terms of 20 years with eight third parties, CCL has entered into fixed price long-term SPAs generally with terms of 20 years with nine third parties and our integrated marketing function has entered into a limited number of long-term SPAs with third parties. We are dependent on the respective customers’ creditworthiness and their willingness to perform under their respective SPAs. See </span><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline"><a href="#iebf9462773cc48458f177a0ff73eacc6_151" style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">Note 2</a><a href="#iebf9462773cc48458f177a0ff73eacc6_151" style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">1</a><a href="#iebf9462773cc48458f177a0ff73eacc6_151" style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">—Customer Concentration</a></span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> for additional details about our customer concentration.</span></div><div style="text-align:justify;text-indent:27pt"><span><br/></span></div><div style="margin-bottom:10pt;text-align:justify;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">SPLNG has entered into two long-term TUAs with third parties for regasification capacity at the Sabine Pass LNG terminal. SPLNG is dependent on the respective customers’ creditworthiness and their willingness to perform under their respective TUAs. SPLNG has mitigated this credit risk by securing TUAs for a significant portion of its regasification capacity with creditworthy third-party customers with a minimum Standard &amp; Poor’s rating of A.</span></div>
CY2020 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2020Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
449000000 USD
CY2019Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
520000000 USD
CY2020Q4 us-gaap Other Receivables Gross Current
OtherReceivablesGrossCurrent
52000000 USD
CY2019Q4 us-gaap Other Receivables Gross Current
OtherReceivablesGrossCurrent
50000000 USD
CY2020Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
647000000 USD
CY2019Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
491000000 USD
CY2020Q4 us-gaap Inventory Net
InventoryNet
292000000 USD
CY2019Q4 us-gaap Inventory Net
InventoryNet
312000000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
30421000000 USD
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
29673000000 USD
CY2020 us-gaap Depreciation
Depreciation
926000000 USD
CY2019 us-gaap Depreciation
Depreciation
788000000 USD
CY2018 us-gaap Depreciation
Depreciation
445000000 USD
CY2020 lng Property Plant And Equipment Reduction For Testing Costs Recovered
PropertyPlantAndEquipmentReductionForTestingCostsRecovered
19000000 USD
CY2019 lng Property Plant And Equipment Reduction For Testing Costs Recovered
PropertyPlantAndEquipmentReductionForTestingCostsRecovered
301000000 USD
CY2018 lng Property Plant And Equipment Reduction For Testing Costs Recovered
PropertyPlantAndEquipmentReductionForTestingCostsRecovered
140000000 USD
CY2020Q4 us-gaap Derivative Assets
DerivativeAssets
408000000 USD
CY2020Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
464000000 USD
CY2020Q4 us-gaap Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
-56000000 USD
CY2019Q4 us-gaap Derivative Assets
DerivativeAssets
497000000 USD
CY2019Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
268000000 USD
CY2019Q4 us-gaap Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
229000000 USD
CY2020Q4 lng Advances Made To Municipalities
AdvancesMadeToMunicipalities
84000000 USD
CY2019Q4 lng Advances Made To Municipalities
AdvancesMadeToMunicipalities
87000000 USD
CY2020Q4 lng Advances And Other Asset Conveyances To Third Parties
AdvancesAndOtherAssetConveyancesToThirdParties
60000000 USD
CY2019Q4 lng Advances And Other Asset Conveyances To Third Parties
AdvancesAndOtherAssetConveyancesToThirdParties
55000000 USD
CY2020Q4 lng Advances Made Under Long Term Contracts
AdvancesMadeUnderLongTermContracts
9000000 USD
CY2019Q4 lng Advances Made Under Long Term Contracts
AdvancesMadeUnderLongTermContracts
29000000 USD
CY2020Q4 us-gaap Equity Method Investments
EquityMethodInvestments
81000000 USD
CY2019Q4 us-gaap Equity Method Investments
EquityMethodInvestments
108000000 USD
CY2020Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
42000000 USD
CY2019Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
45000000 USD
CY2020Q4 lng Tax Related Payments And Receivables
TaxRelatedPaymentsAndReceivables
20000000 USD
CY2019Q4 lng Tax Related Payments And Receivables
TaxRelatedPaymentsAndReceivables
20000000 USD
CY2020Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
80000000 USD
CY2019Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
18000000 USD
CY2020Q4 us-gaap Other Assets Miscellaneous Noncurrent
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30000000 USD
CY2019Q4 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
26000000 USD
CY2020Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
406000000 USD
CY2019Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
388000000 USD
CY2019 us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
87000000 USD
CY2020Q4 us-gaap Interest Payable Current
InterestPayableCurrent
245000000 USD
CY2019Q4 us-gaap Interest Payable Current
InterestPayableCurrent
293000000 USD
CY2020Q4 lng Accrued Natural Gas Purchases
AccruedNaturalGasPurchases
576000000 USD
CY2019Q4 lng Accrued Natural Gas Purchases
AccruedNaturalGasPurchases
460000000 USD
CY2020Q4 lng Accrued Ln Gterminalcosts
AccruedLNGterminalcosts
147000000 USD
CY2019Q4 lng Accrued Ln Gterminalcosts
AccruedLNGterminalcosts
327000000 USD
CY2020Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
123000000 USD
CY2019Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
115000000 USD
CY2020Q4 lng Accrued Lng Inventory
AccruedLNGInventory
4000000 USD
CY2019Q4 lng Accrued Lng Inventory
AccruedLNGInventory
6000000 USD
CY2020Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
80000000 USD
CY2019Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
80000000 USD
CY2020Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1175000000 USD
CY2019Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1281000000 USD
CY2020Q4 us-gaap Long Term Debt
LongTermDebt
30471000000 USD
CY2019Q4 us-gaap Long Term Debt
LongTermDebt
30774000000 USD
CY2020Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
372000000 USD
CY2019Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
0 USD
CY2020Q4 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
30843000000 USD
CY2019Q4 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
30774000000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
747000000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
1089000000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
1749000000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
5556000000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
5023000000 USD
CY2018 us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
803000000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
17323000000 USD
CY2020Q4 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
31487000000 USD
CY2020 us-gaap Proceeds From Issuance Of Long Term Debt
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7547000000 USD
CY2020 us-gaap Repayments Of Long Term Debt
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7708000000 USD
CY2020Q4 lng Long Term Portion Of Current Convertible Debt
LongTermPortionOfCurrentConvertibleDebt
372000000 USD
CY2020Q4 lng Long Term Portion Of Current Convertible Debt
LongTermPortionOfCurrentConvertibleDebt
372000000 USD
CY2020 us-gaap Interest Costs Incurred
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1773000000 USD
CY2019 us-gaap Interest Costs Incurred
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1846000000 USD
CY2018 us-gaap Interest Costs Incurred
InterestCostsIncurred
1678000000 USD
CY2020 us-gaap Interest Costs Capitalized Adjustment
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248000000 USD
CY2019 us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
414000000 USD
CY2020 us-gaap Interest Expense
InterestExpense
1525000000 USD
CY2019 us-gaap Interest Expense
InterestExpense
1432000000 USD
CY2018 us-gaap Interest Expense
InterestExpense
875000000 USD
CY2020Q4 lng Lease Rightof Use Asset
LeaseRightofUseAsset
812000000 USD
CY2019Q4 lng Lease Rightof Use Asset
LeaseRightofUseAsset
495000000 USD
CY2020Q4 lng Lease Liability
LeaseLiability
817000000 USD
CY2019Q4 lng Lease Liability
LeaseLiability
484000000 USD
CY2020 us-gaap Lease Cost
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441000000 USD
CY2020Q4 us-gaap Finance Lease Liability Payments Due Year Five
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10000000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
252000000 USD
CY2019 us-gaap Lease Cost
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625000000 USD
CY2018 us-gaap Operating Leases Rent Expense Net
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335000000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
197000000 USD
CY2020Q4 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
10000000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
156000000 USD
CY2020Q4 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
10000000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
121000000 USD
CY2020Q4 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
10000000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
119000000 USD
CY2020Q4 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
10000000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
96000000 USD
CY2020Q4 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
127000000 USD
CY2019Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.162
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
941000000 USD
CY2020Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
177000000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
183000000 USD
CY2020Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
118000000 USD
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
758000000 USD
CY2020Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
59000000 USD
CY2020Q4 lng Operating Lease Leasenotyet Commenced Expense
OperatingLeaseLeasenotyetCommencedExpense
1600000000 USD
CY2020 lng Lessee Operating Lease Lease Notyet Commenced Period Until Commencement
LesseeOperatingLeaseLeaseNotyetCommencedPeriodUntilCommencement
P2Y
CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P8Y2M12D
CY2020Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P17Y8M12D
CY2019Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P8Y4M24D
CY2019Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P18Y8M12D
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.054
CY2020Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.162
CY2019Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.052
CY2020 us-gaap Operating Lease Payments
OperatingLeasePayments
309000000 USD
CY2019 us-gaap Operating Lease Payments
OperatingLeasePayments
389000000 USD
CY2020 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
10000000 USD
CY2019 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
9000000 USD
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
615000000 USD
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
235000000 USD
CY2020Q4 us-gaap Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year
LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear
0 USD
CY2019Q4 us-gaap Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year
LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear
9000000 USD
CY2020 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
68000000 USD
CY2019 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
122000000 USD
CY2020 us-gaap Variable Lease Income
VariableLeaseIncome
27000000 USD
CY2019 us-gaap Variable Lease Income
VariableLeaseIncome
22000000 USD
CY2020 us-gaap Lease Income
LeaseIncome
95000000 USD
CY2019 us-gaap Lease Income
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144000000 USD
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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9293000000 USD
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
9157000000 USD
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RevenueFromContractWithCustomerExcludingAssessedTax
7896000000 USD
CY2020 us-gaap Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
-30000000 USD
CY2019 us-gaap Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
429000000 USD
CY2018 us-gaap Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
-9000000 USD
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RevenueNotFromContractWithCustomerOther
95000000 USD
CY2019 us-gaap Revenue Not From Contract With Customer Other
RevenueNotFromContractWithCustomerOther
144000000 USD
CY2018 us-gaap Revenue Not From Contract With Customer Other
RevenueNotFromContractWithCustomerOther
100000000 USD
CY2020 us-gaap Revenues
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9358000000 USD
CY2019 us-gaap Revenues
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9730000000 USD
CY2018 us-gaap Revenues
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7987000000 USD
CY2020 lng Lng Volume Purchase Price Percentage Of Henry Hub
LNGVolumePurchasePricePercentageOfHenryHub
1.15
CY2020 lng Regasification Capacity
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4
CY2020Q4 us-gaap Contract With Customer Asset Net
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80000000 USD
CY2019Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
18000000 USD
CY2019Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
161000000 USD
CY2020 lng Contractwith Customer Liability Additions
ContractwithCustomerLiabilityAdditions
138000000 USD
CY2020 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
161000000 USD
CY2020Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
138000000 USD
CY2020Q4 us-gaap Revenue Remaining Performance Obligation
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104400000000 USD
CY2019Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
108800000000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
720000000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
289000000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
997000000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-176000000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
426000000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
230000000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
544000000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
715000000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1227000000 USD
CY2020 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 USD
CY2019 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 USD
CY2018 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 USD
CY2020 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
0 USD
CY2019 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
0 USD
CY2018 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
2000000 USD
CY2020 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
0 USD
CY2019 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
4000000 USD
CY2018 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
30000000 USD
CY2020 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
0 USD
CY2019 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
4000000 USD
CY2018 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
32000000 USD
CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
41000000 USD
CY2019 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-475000000 USD
CY2018 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
0 USD
CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
2000000 USD
CY2019 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-46000000 USD
CY2018 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
0 USD
CY2020 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
0 USD
CY2019 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
0 USD
CY2018 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-5000000 USD
CY2020 us-gaap Deferred Federal State And Local Tax Expense Benefit
DeferredFederalStateAndLocalTaxExpenseBenefit
43000000 USD
CY2019 us-gaap Deferred Federal State And Local Tax Expense Benefit
DeferredFederalStateAndLocalTaxExpenseBenefit
-521000000 USD
CY2018 us-gaap Deferred Federal State And Local Tax Expense Benefit
DeferredFederalStateAndLocalTaxExpenseBenefit
-5000000 USD
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
43000000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-517000000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
27000000 USD
CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2020 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.037
CY2019 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.114
CY2019 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2018 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2020 us-gaap Effective Income Tax Rate Reconciliation Minority Interest Income Expense
EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense
-0.226
CY2019 us-gaap Effective Income Tax Rate Reconciliation Minority Interest Income Expense
EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense
-0.172
CY2018 us-gaap Effective Income Tax Rate Reconciliation Minority Interest Income Expense
EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense
-0.114
CY2020 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0
CY2019 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
-0.054
CY2018 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
-0.004
CY2020 lng Effective Income Tax Rate Reconciliation Executive Compensation
EffectiveIncomeTaxRateReconciliationExecutiveCompensation
0.014
CY2019 lng Effective Income Tax Rate Reconciliation Executive Compensation
EffectiveIncomeTaxRateReconciliationExecutiveCompensation
0.013
CY2018 lng Effective Income Tax Rate Reconciliation Executive Compensation
EffectiveIncomeTaxRateReconciliationExecutiveCompensation
0.005
CY2020 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Other
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseOther
0.080
CY2019 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Other
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseOther
0.050
CY2018 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Other
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0.026
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140000000 USD
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The following table presents information with respect to repurchases of common stock during the years ended December 31, 2020 and 2019:<table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:70.976%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td style="width:1.0%"/><td style="width:12.496%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.530%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.498%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Year Ended December 31,</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2020</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2019</span></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Aggregate common stock repurchased</span></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,875,376 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,000,424 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Weighted average price paid per share</span></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">53.88 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">62.27 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total amount paid (in millions)</span></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">155 </span></td><td 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3000000000.0 USD
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CY2019Q4 us-gaap Revenues
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CY2019Q4 us-gaap Earnings Per Share Diluted
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3.34

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