Cheniere Energy, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Revenues from Contracts with Customers (Tables)

Unsatisfied

Transaction Price

(in billions)

Weighted Average Recognition Timing (years) (1)

LNG revenues

Regasification revenues

Total revenues

Revenues from Contracts with Customers (Tables)

9 Months Ended

Sep. 30, 2018

Revenue from Contract with Customer [Abstract]

The following table represents a disaggregation of revenue earned from contracts with customers during the three and nine months ended September 30, 2018 and 2017 (in millions):



	Three Months Ended September 30,					Nine Months Ended September 30,
	2018		2017			2018		2017
LNG revenues	$	1,712	$	1,345		$	5,327	$	3,646
Regasification revenues	66		65			196		195
Other revenues	30		5			73		12
Other—related party	4		1			8		2
Total revenues from customers	1,812		1,416			5,604		3,855
Gains (losses) from derivative instruments (1)	7		(13		)	—		—
Total revenues	$	1,819	$	1,403		$	5,604	$	3,855


(1)	Includes the realized value associated with a portion of derivative instruments that settle through physical delivery.

Contract Balances Reconciliation

The following table reflects the changes in our contract liabilities, which we classify as deferred revenue on our Consolidated Balance Sheets (in millions):



	Nine Months Ended September 30, 2018
Deferred revenues, beginning of period	$	111
Cash received but not yet recognized	120
Revenue recognized from prior period deferral	(111		)
Deferred revenues, end of period	$	120

Transaction Price Allocated to Future Performance Obligations

The following table discloses the aggregate amount of the transaction price that is allocated to performance obligations that have not yet been satisfied as of September 30, 2018:


(1)	The weighted average recognition timing represents an estimate of the number of years during which we shall have recognized half of the unsatisfied transaction price.