Quarterly report pursuant to Section 13 or 15(d)

Derivative Instruments - Fair Value of Derivative Instruments by Balance Sheet Location (Details)

v3.21.1
Derivative Instruments - Fair Value of Derivative Instruments by Balance Sheet Location (Details) - USD ($)
$ in Millions
Mar. 31, 2021
Dec. 31, 2020
Derivatives, Fair Value [Line Items]    
Derivative assets $ 67 $ 32
Non-current derivative assets 306 376
Total derivative assets 373 408
Derivative liabilities (342) (313)
Non-current derivative liabilities (166) (151)
Total derivative liabilities (508) (464)
Derivative asset (liability), net (135) (56)
Derivative Assets [Member]    
Derivatives, Fair Value [Line Items]    
Derivative assets 67 32
Noncurrent Derivative Assets [Member]    
Derivatives, Fair Value [Line Items]    
Non-current derivative assets 306 376
Derivative Liabilities [Member]    
Derivatives, Fair Value [Line Items]    
Derivative liabilities (342) (313)
Non-current Derivative Liabilities [Member]    
Derivatives, Fair Value [Line Items]    
Non-current derivative liabilities (166) (151)
CCH Interest Rate Derivatives [Member]    
Derivatives, Fair Value [Line Items]    
Total derivative assets 0 0
Total derivative liabilities (114) (140)
Derivative asset (liability), net (114) (140)
CCH Interest Rate Derivatives [Member] | Derivative Assets [Member]    
Derivatives, Fair Value [Line Items]    
Derivative assets 0 0
CCH Interest Rate Derivatives [Member] | Noncurrent Derivative Assets [Member]    
Derivatives, Fair Value [Line Items]    
Non-current derivative assets 0 0
CCH Interest Rate Derivatives [Member] | Derivative Liabilities [Member]    
Derivatives, Fair Value [Line Items]    
Derivative liabilities (98) (100)
CCH Interest Rate Derivatives [Member] | Non-current Derivative Liabilities [Member]    
Derivatives, Fair Value [Line Items]    
Non-current derivative liabilities (16) (40)
Liquefaction Supply Derivatives [Member]    
Derivatives, Fair Value [Line Items]    
Total derivative assets [1] 353 403
Total derivative liabilities [1] (202) (163)
Derivative asset (liability), net [1] 151 240
Derivative, collateral posted by us 11 9
Liquefaction Supply Derivatives [Member] | Derivative Assets [Member]    
Derivatives, Fair Value [Line Items]    
Derivative assets [1] 47 27
Liquefaction Supply Derivatives [Member] | Noncurrent Derivative Assets [Member]    
Derivatives, Fair Value [Line Items]    
Non-current derivative assets [1] 306 376
Liquefaction Supply Derivatives [Member] | Derivative Liabilities [Member]    
Derivatives, Fair Value [Line Items]    
Derivative liabilities [1] (52) (54)
Liquefaction Supply Derivatives [Member] | Non-current Derivative Liabilities [Member]    
Derivatives, Fair Value [Line Items]    
Non-current derivative liabilities [1] (150) (109)
LNG Trading Derivatives [Member]    
Derivatives, Fair Value [Line Items]    
Total derivative assets [2] 11 0
Total derivative liabilities [2] (184) (134)
Derivative asset (liability), net [2] (173) (134)
Derivative, collateral posted by us 17 7
LNG Trading Derivatives [Member] | Derivative Assets [Member]    
Derivatives, Fair Value [Line Items]    
Derivative assets [2] 11 0
LNG Trading Derivatives [Member] | Noncurrent Derivative Assets [Member]    
Derivatives, Fair Value [Line Items]    
Non-current derivative assets [2] 0 0
LNG Trading Derivatives [Member] | Derivative Liabilities [Member]    
Derivatives, Fair Value [Line Items]    
Derivative liabilities [2] (184) (134)
LNG Trading Derivatives [Member] | Non-current Derivative Liabilities [Member]    
Derivatives, Fair Value [Line Items]    
Non-current derivative liabilities [2] 0 0
FX Derivatives [Member]    
Derivatives, Fair Value [Line Items]    
Total derivative assets 9 5
Total derivative liabilities (8) (27)
Derivative asset (liability), net 1 (22)
FX Derivatives [Member] | Derivative Assets [Member]    
Derivatives, Fair Value [Line Items]    
Derivative assets 9 5
FX Derivatives [Member] | Noncurrent Derivative Assets [Member]    
Derivatives, Fair Value [Line Items]    
Non-current derivative assets 0 0
FX Derivatives [Member] | Derivative Liabilities [Member]    
Derivatives, Fair Value [Line Items]    
Derivative liabilities (8) (25)
FX Derivatives [Member] | Non-current Derivative Liabilities [Member]    
Derivatives, Fair Value [Line Items]    
Non-current derivative liabilities $ 0 $ (2)
[1] Does not include collateral posted with counterparties by us of $11 million and $9 million, which are included in other current assets in our Consolidated Balance Sheets as of March 31, 2021 and December 31, 2020, respectively. Includes derivative assets for natural gas supply contracts that SPL and CCL have with related parties. See Note 13—Related Party Transactions.
[2] Does not include collateral posted with counterparties by us of $17 million and $7 million, which are included in other current assets in our Consolidated Balance Sheets as of March 31, 2021 and December 31, 2020, respectively.