Annual report pursuant to Section 13 and 15(d)

Net Income (Loss) Per Share Attributable to Common Stockholders (Details)

v3.20.4
Net Income (Loss) Per Share Attributable to Common Stockholders (Details) - $ / shares
shares in Millions
 3 Months Ended 12 Months Ended
Dec. 31, 2020
 [1]
Sep. 30, 2020
 [1]
Jun. 30, 2020
 [1]
Mar. 31, 2020
 [1]
Dec. 31, 2019
 [1]
Sep. 30, 2019
 [1]
Jun. 30, 2019
 [1]
Mar. 31, 2019
 [1]
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]                      
Weighted average number of common shares outstanding, basic                 252.4 256.2 245.6
Dilutive Unvested Stock                 0.0 1.9 2.4
Weighted Average Number of Shares Outstanding, Diluted                 252.4 258.1 248.0
Net income (loss) per share attributable to common stockholders—basic $ (0.77) $ (1.84) $ 0.78 $ 1.48 $ 3.70 $ (1.25) $ (0.44) $ 0.55 $ (0.34) $ 2.53 $ 1.92
Diluted net income (loss) per share attributable to common stockholders $ (0.77) $ (1.84) $ 0.78 $ 1.43 $ 3.34 $ (1.25) $ (0.44) $ 0.54 $ (0.34) $ 2.51 $ 1.90
Antidilutive securities excluded from computation of earnings per share                 7.9 46.0 18.3
Unvested stock                      
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]                      
Antidilutive securities excluded from computation of earnings per share [2]                 3.4 2.3 0.8
2021 Cheniere Convertible Notes [Member]                      
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]                      
Antidilutive securities excluded from computation of earnings per share [3]                 0.0 13.7 13.0
2025 CCH HoldCo II Convertible Notes [Member]                      
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]                      
Antidilutive securities excluded from computation of earnings per share [4]                 0.0 25.5 0.0
2045 Cheniere Convertible Senior Notes [Member]                      
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]                      
Antidilutive securities excluded from computation of earnings per share                 4.5 4.5 4.5
Restricted Stock With Unsatisfied Performance Conditions [Member]                      
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]                      
Antidilutive securities excluded from computation of earnings per share                 0.5 0.5 0.4
[1] The sum of the quarterly net income (loss) per share—basic and diluted may not equal the full year amount as the computations of the weighted average common shares outstanding for basic and diluted shares outstanding for each quarter and the full year are performed independently.
[2] Does not include 0.5 million shares, 0.5 million shares and 0.4 million shares for the years ended December 31, 2020, 2019 and 2018, respectively, of unvested stock because the performance conditions had not yet been satisfied as of the respective dates.
[3] Since we have the intent and ability to settle the remaining outstanding principal amount of the 2021 Cheniere Convertible Unsecured Notes in cash and the excess conversion premium (the “conversion spread”) in either cash or shares, the treasury stock method was applied for calculating any potential dilutive effect of the conversion spread on net income per share for the year ended December 31, 2020. However, since the average market price of our common stock did not exceed the conversion price of our 2021 Cheniere Convertible Unsecured Notes, the conversion spread was excluded from the computation of diluted net income per share for the year ended December 31, 2020.
[4] Since we redeemed the remaining principal amount of the 2025 CCH HoldCo II Convertible Senior Notes and the related premium in cash, as described in Note 11—Debt, the 2025 CCH HoldCo II Convertible Senior Notes were not included in the computation of net income per share for the year ended December 31, 2020. There were no shares related to the conversion of the 2025 CCH HoldCo II Convertible Senior Notes included in the computation of diluted net income per share for the year ended December 31, 2018, because the substantive non-market based contingencies underlying the eligible conversion date were not met as of December 31, 2018.