Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

v3.23.1
Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 2,948 [1] $ 1,353
Restricted cash and cash equivalents 495 [1] 1,134
Trade and other receivables, net of current expected credit losses 929 1,944
Inventory 465 826
Current derivative assets 78 120
Margin deposits 63 134
Other current assets 70 97
Total current assets 5,048 5,608
Property, plant and equipment, net of accumulated depreciation 31,747 31,528
Operating lease assets 2,553 2,625
Derivative assets 200 35
Goodwill 77 77
Deferred tax assets 35 864
Other non-current assets, net 605 529
Total assets 40,265 [1] 41,266
Current liabilities    
Accounts payable 93 124
Accrued liabilities 1,328 2,679
Current debt, net of discount and debt issuance costs 61 813
Deferred revenue 108 234
Current operating lease liabilities 604 616
Current derivative liabilities 1,292 2,301
Other current liabilities 40 28
Total current liabilities 3,526 6,795
Long-term debt, net of premium, discount and debt issuance costs 23,928 24,055
Operating lease liabilities 1,919 1,971
Finance lease liabilities 487 494
Derivative liabilities 4,407 7,947
Deferred tax liabilities 388 0
Other non-current liabilities 170 175
Stockholders’ equity (deficit)    
Preferred stock: $0.0001 par value, 5.0 million shares authorized, none issued 0 0
Common stock: $0.003 par value, 480.0 million shares authorized; 277.7 million shares and 276.7 million shares issued at March 31, 2023 and December 31, 2022, respectively 1 1
Treasury stock: 34.5 million shares and 31.2 million shares at March 31, 2023 and December 31, 2022, respectively, at cost (2,821) (2,342)
Additional paid-in-capital 4,328 4,314
Accumulated income (deficit) 394 (4,942)
Total Cheniere stockholders’ equity (deficit) 1,902 (2,969)
Non-controlling interest 3,538 2,798
Total stockholders’ equity (deficit) 5,440 (171)
Total liabilities and stockholders’ equity (deficit) $ 40,265 [1] $ 41,266
[1] Amounts presented include balances held by our consolidated variable interest entity (“VIE”), CQP, as further discussed in Note 7—Non-controlling Interest and Variable Interest Entity. As of March 31, 2023, total assets and liabilities of CQP were $18.4 billion and $19.7 billion, respectively, including $834 million of cash and cash equivalents and $160 million of restricted cash and cash equivalents.