Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.25.0.1
Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 2,638 [1] $ 4,066
Restricted cash and cash equivalents 552 [1] 459
Trade and other receivables, net of current expected credit losses 727 1,106
Inventory 501 445
Current derivative assets 155 141
Margin deposits 128 18
Other current assets, net 100 96
Total current assets 4,801 6,331
Property, plant and equipment, net of accumulated depreciation 33,552 32,456
Operating lease assets 2,684 2,641
Derivative assets 1,903 863
Deferred Income Tax Assets, Net 19 26
Other non-current assets, net 899 759
Total assets 43,858 [1] 43,076
Current liabilities    
Accounts payable 171 181
Accrued liabilities 2,179 1,780
Current debt, net of unamortized discount and debt issuance costs 351 300
Deferred revenue 163 179
Current operating lease liabilities 592 655
Current derivative liabilities 902 750
Other current liabilities 83 43
Total current liabilities 4,441 3,888
Long-term debt, net of unamortized discount and debt issuance costs 22,554 23,397
Non-current operating lease liabilities 2,090 1,971
Derivative liabilities 1,865 2,378
Deferred tax liabilities 1,856 1,545
Other non-current liabilities 992 877
Total liabilities 33,798 34,056
Commitments and contingencies (see Note 19)
Redeemable non-controlling interest 7 0
Stockholders’ equity    
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; 278.7 million shares and 277.9 million shares issued at December 31, 2024 and 2023, respectively 1 1
Treasury stock: 54.7 million shares and 40.9 million shares at December 31, 2024 and 2023, respectively, at cost (6,136) (3,864)
Additional paid-in-capital 4,452 4,377
Retained earnings 7,382 4,546
Total Cheniere stockholders’ equity 5,699 5,060
Non-controlling interests 4,354 3,960
Total stockholders’ equity 10,053 9,020
Total liabilities, redeemable non-controlling interest and stockholders’ equity $ 43,858 [1] $ 43,076
[1] Amounts presented include balances held by our consolidated variable interest entities (“VIEs”), substantially all of which are related to CQP, as further discussed in Note 8—Non-Controlling Interests and Variable Interest Entities. As of December 31, 2024, total assets and liabilities of our VIEs were $17.3 billion and $17.9 billion, respectively, including $270 million of cash and cash equivalents and $125 million of restricted cash and cash equivalents.