Annual report pursuant to Section 13 and 15(d)

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

v3.20.4
Revenues from Contracts with Customers - Schedule of Disaggregation of Revenue (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2020
Sep. 30, 2020
Jun. 30, 2020
Mar. 31, 2020
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Disaggregation of Revenue [Line Items]                      
Revenues from contracts with customers                 $ 9,293 $ 9,157 $ 7,896
Net derivative gains [1]                 (30) 429 (9)
Other revenues [2]                 95 144 100
Total revenues $ 2,787 $ 1,460 $ 2,402 $ 2,709 $ 3,007 $ 2,170 $ 2,292 $ 2,261 9,358 9,730 7,987
LNG [Member]                      
Disaggregation of Revenue [Line Items]                      
Revenues from contracts with customers [3]                 8,954 8,817 7,581
Total revenues                 8,924 9,246 7,572
Suspension Fees and LNG Cover Damages Revenue [Member]                      
Disaggregation of Revenue [Line Items]                      
Revenues from contracts with customers                 969    
Suspension Fees and LNG Cover Damages Revenue [Member] | Subsequent Period [Member]                      
Disaggregation of Revenue [Line Items]                      
Revenues from contracts with customers                 38    
Regasification [Member]                      
Disaggregation of Revenue [Line Items]                      
Revenues from contracts with customers                 269 266 261
Other [Member]                      
Disaggregation of Revenue [Line Items]                      
Revenues from contracts with customers                 70 74 54
Total revenues                 $ 165 $ 218 $ 154
[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.
[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. During the year ended December 31, 2020, we recognized $969 million in LNG revenues associated with LNG cargoes for which customers notified us that they would not take delivery, of which $38 million would have been recognized subsequent to December 31, 2020, 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.