Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Operations

v3.23.1
Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
 3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Revenues    
Revenues $ 7,310 $ 7,484
Revenues from contracts with customers 7,099 7,657
Operating costs and expenses (recovery)    
Cost (recovery) of sales (excluding items shown separately below) (1,539) 7,336
Operating and maintenance expense 444 389
Selling, general and administrative expense 107 96
Depreciation and amortization expense 297 271
Development expense 10 5
Total operating costs and expenses (recovery) (681) 8,097
Income (loss) from operations 7,991 (613)
Other income (expense)    
Interest expense, net of capitalized interest (297) (349)
Gain (loss) on modification or extinguishment of debt 20 (18)
Interest rate derivative gain, net 0 3
Other income, net 37 5
Total other expense (240) (359)
Income (loss) before income taxes and non-controlling interest 7,751 (972)
Less: income tax provision (benefit) 1,316 (191)
Net income (loss) 6,435 (781)
Net Income Attributable to Noncontrolling Interest 1,001 84
Net income (loss) attributable to common stockholders $ 5,434 $ (865)
Net income (loss) per share attributable to common stockholders—basic $ 22.28 $ (3.41)
Net income (loss) per share attributable to common stockholders—diluted (1) $ 22.10 [1] $ (3.41) [2]
Weighted average number of common shares outstanding—basic 243.9 254.0
Weighted average number of common shares outstanding—diluted 245.8 254.0
LNG [Member]    
Revenues    
Revenues $ 7,091 $ 7,340
Revenues from contracts with customers 7,037 7,564
Regasification [Member]    
Revenues    
Revenues from contracts with customers 34 68
Other [Member]    
Revenues    
Revenues 185 76
Revenues from contracts with customers $ 28 $ 25
[1] Earnings per share in the table may not recalculate exactly due to rounding because it is calculated based on whole numbers, not the rounded numbers presented.
[2] Earnings per share in the table may not recalculate exactly due to rounding because it is calculated based on whole numbers, not the rounded numbers presented.