Cheniere Energy, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Revenues from Contracts with Customers (Tables)

Revenues from Contracts with Customers (Tables)

12 Months Ended

Dec. 31, 2019

Revenue from Contract with Customer [Abstract]

The following table represents a disaggregation of revenue earned from contracts with customers during the years ended December 31, 2019, 2018 and 2017 (in millions):



	Year Ended December 31,
	2019		2018			2017
LNG revenues	$	8,817	$	7,581		$	5,361
Regasification revenues	266		261			260
Other revenues	74		54			24
Total revenues from customers	9,157		7,896			5,645
Net derivative gains (losses) (1)	429		(9		)	(44		)
Other (2)	144		100			—
Total revenues	$	9,730	$	7,987		$	5,601


(1)	See Note 7—Derivative Instruments for additional information about our derivatives.

(2)

Includes revenues from LNG vessel subcharters. See Note 12—Leases for additional information about our subleases.

Contract Assets

The following table shows our contract assets, which we classify as other non-current assets, net on our Consolidated Balance Sheets (in millions):



	December 31,
	2019		2018
Contract assets	$	18	$	—

Contract Liabilities

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



	Year Ended December 31,
	2019			2018
Deferred revenues, beginning of period	$	139		$	111
Cash received but not yet recognized	161			139
Revenue recognized from prior period deferral	(139		)	(111		)
Deferred revenues, end of period	$	161		$	139

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 December 31, 2019 and 2018:



	December 31, 2019			December 31, 2018
	Unsatisfied Transaction Price (in billions)		Weighted Average Recognition Timing (years) (1)	Unsatisfied Transaction Price (in billions)		Weighted Average Recognition Timing (years) (1)
LNG revenues	$	106.4	11	$	106.6	11
Regasification revenues	2.4		5	2.6		6
Total revenues	$	108.8		$	109.2

(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.