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

Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flows

Consolidated Statements of Cash Flows - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019
Cash flows from operating activities
Net income	$ 499	$ 79
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization expense	699	561
Share-based compensation expense	84	94
Non-cash interest expense	43	122
Amortization of debt issuance costs, premium and discount	94	71
Non-cash operating lease costs	222	251
Loss on modification or extinguishment of debt	215	27
Total losses (gains) on derivatives, net	(282)	22
Net cash provided by settlement of derivative instruments	61	108
Impairment expense and loss on disposal of assets	5	7
Impairment or loss on equity method investments	130	88
Deferred taxes	115	(2)
Repayment of paid-in-kind interest related to repurchase of convertible notes	(911)	0
Other	2	0
Changes in operating assets and liabilities:
Accounts and other receivables, net	101	(5)
Inventory	31	35
Other current assets	(27)	(45)
Accounts payable and accrued liabilities	(93)	(82)
Deferred revenue	18	33
Operating lease liabilities	(205)	(263)
Finance lease liabilities	0	1
Other, net	(36)	(10)
Net cash provided by operating activities	765	1,092
Cash flows from investing activities
Property, plant and equipment, net	(1,437)	(2,587)
Investment in equity method investment	(100)	(70)
Other	(8)	(1)
Net cash used in investing activities	(1,545)	(2,658)
Cash flows from financing activities
Proceeds from issuances of debt	7,683	4,420
Repayments of debt	(6,324)	(2,237)
Debt issuance and other financing costs	(124)	(38)
Debt modification or extinguishment costs	(170)	(4)
Distributions and dividends to non-controlling interest	(468)	(439)
Payments related to tax withholdings for share-based compensation	(43)	(19)
Repurchase of common stock	(155)	(159)
Other	0	3
Net cash provided by financing activities	399	1,527
Net decrease in cash, cash equivalents and restricted cash	(381)	(39)
Cash, cash equivalents and restricted cash—beginning of period	2,994	3,156
Cash, cash equivalents and restricted cash—end of period	$ 2,613	$ 3,117