Quarterly report pursuant to Section 13 or 15(d)

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

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Revenues from Contracts with Customers - Schedule of Disaggregation of Revenue (Details) - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Disaggregation of Revenue [Line Items]    
Revenues from contracts with customers $ 3,126 $ 2,493
Net derivative gains (losses) [1] (40) 164
Other revenues [2] 4 52
Total revenues 3,090 2,709
LNG [Member]    
Disaggregation of Revenue [Line Items]    
Revenues from contracts with customers [3] 3,039 2,404
Total revenues 2,999 2,568
Suspension Fees and LNG Cover Damages Revenue [Member]    
Disaggregation of Revenue [Line Items]    
Revenues from contracts with customers 0 53
Regasification [Member]    
Disaggregation of Revenue [Line Items]    
Revenues from contracts with customers 67 67
Other [Member]    
Disaggregation of Revenue [Line Items]    
Revenues from contracts with customers 20 22
Total revenues $ 24 $ 74
[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. During the three months ended March 31, 2020, we recognized $53 million in LNG revenues associated with LNG cargoes for which customers notified us that they would not take delivery, which would have been recognized subsequent to March 31, 2020 had the cargoes been lifted pursuant to the delivery schedules with the customers. We did not have such revenues during the three months ended March 31, 2021. 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.