Quarterly report pursuant to Section 13 or 15(d)

Revenues from Contracts with Customers - Schedule of Disaggregation of Revenue (Details)

v3.20.2
Revenues from Contracts with Customers - Schedule of Disaggregation of Revenue (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Disaggregation of Revenue [Line Items]        
Revenues from contracts with customers $ 1,421 $ 2,078 $ 6,338 $ 6,394
Net derivative gains [1] 29 64 148 233
Other revenues [2] 10 28 85 96
Total revenues 1,460 2,170 6,571 6,723
LNG [Member]        
Disaggregation of Revenue [Line Items]        
Revenues from contracts with customers [3] 1,344 1,995 6,088 6,142
Total revenues 1,373 2,059 6,236 6,375
Suspension Fees and LNG Cover Damages Revenue [Member]        
Disaggregation of Revenue [Line Items]        
Revenues from contracts with customers 171   932  
Suspension Fees and LNG Cover Damages Revenue [Member] | Subsequent Period [Member]        
Disaggregation of Revenue [Line Items]        
Revenues from contracts with customers 47   47  
Suspension Fees and LNG Cover Damages Revenue [Member] | Current Period [Member]        
Disaggregation of Revenue [Line Items]        
Accelerated Revenue From Contract With Customers 458      
Regasification [Member]        
Disaggregation of Revenue [Line Items]        
Revenues from contracts with customers 67 66 202 199
Other [Member]        
Disaggregation of Revenue [Line Items]        
Revenues from contracts with customers 10 17 48 53
Total revenues $ 20 $ 45 $ 133 $ 149
[1] See Note 6—Derivative Instruments for additional information about our derivatives.
[2] Includes revenues from LNG vessel subcharters. See Note 11—Leases for additional information about our subleases.
[3] LNG revenues include revenues for LNG cargoes in which our customers exercised their contractual right to not take delivery but remained obligated to pay fixed fees irrespective of such election. LNG revenues during the three and nine months ended September 30, 2020 included $171 million and $932 million, respectively, in revenues associated with LNG cargoes for which customers have notified us that they will not take delivery, of which $47 million would have otherwise been recognized subsequent to September 30, 2020, if the cargoes were lifted pursuant to the delivery schedules with the customers. LNG revenues during the three months ended September 30, 2020 excluded $458 million in prior period cancellations that would have otherwise been recognized during the quarter if the cargoes were lifted pursuant to the delivery schedules with the customers. Revenue is generally recognized upon receipt of irrevocable notice that a customer will not take delivery because our customers have no contractual right to take delivery of such LNG cargo in future periods and our performance obligations with respect to such LNG cargo have been satisfied.