Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Cash Flows

v2.4.1.9
Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Cash flows from operating activities      
Net loss attributable to common stockholders $ (547,932)us-gaap_NetIncomeLoss $ (507,922)us-gaap_NetIncomeLoss $ (332,780)us-gaap_NetIncomeLoss
Adjustments to reconcile net loss to net cash used in operating activities:      
Use of restricted cash and cash equivalents for certain operating activities 138,679us-gaap_IncreaseDecreaseInRestrictedCashForOperatingActivities 120,593us-gaap_IncreaseDecreaseInRestrictedCashForOperatingActivities 121,186us-gaap_IncreaseDecreaseInRestrictedCashForOperatingActivities
Loss on early extinguishment of debt 114,335us-gaap_WriteOffOfDeferredDebtIssuanceCost 131,576us-gaap_WriteOffOfDeferredDebtIssuanceCost 16,565us-gaap_WriteOffOfDeferredDebtIssuanceCost
Depreciation 64,258us-gaap_Depreciation 61,209us-gaap_Depreciation 66,407us-gaap_Depreciation
Amortization of debt issuance costs and discount 16,593us-gaap_AmortizationOfFinancingCostsAndDiscounts 14,948us-gaap_AmortizationOfFinancingCostsAndDiscounts 20,307us-gaap_AmortizationOfFinancingCostsAndDiscounts
Share-based compensation 102,003us-gaap_AllocatedShareBasedCompensationExpense 271,367us-gaap_AllocatedShareBasedCompensationExpense 58,696us-gaap_AllocatedShareBasedCompensationExpense
Non-cash LNG inventory write-downs 24,461us-gaap_InventoryWriteDown 26,900us-gaap_InventoryWriteDown 20,418us-gaap_InventoryWriteDown
Total (gains) losses on derivatives, net 118,968us-gaap_UnrealizedGainLossOnDerivatives (84,281)us-gaap_UnrealizedGainLossOnDerivatives (1,053)us-gaap_UnrealizedGainLossOnDerivatives
Net cash from settlement of derivative instruments (22,758)us-gaap_GainLossOnSaleOfDerivatives 609us-gaap_GainLossOnSaleOfDerivatives 770us-gaap_GainLossOnSaleOfDerivatives
Net loss attributable to non-controlling interest (143,945)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest (50,841)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest (12,861)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
Other 15,914us-gaap_OtherNoncashIncomeExpense (2,631)us-gaap_OtherNoncashIncomeExpense (14,797)us-gaap_OtherNoncashIncomeExpense
Changes in operating assets and liabilities:      
Accounts and interest receivable 67us-gaap_IncreaseDecreaseInAccountsAndOtherReceivables (31)us-gaap_IncreaseDecreaseInAccountsAndOtherReceivables 704us-gaap_IncreaseDecreaseInAccountsAndOtherReceivables
Accounts payable and accrued liabilities 16,073us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities 6,687us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities (29,295)us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
LNG inventory (18,191)us-gaap_IncreaseDecreaseInInventories (26,576)us-gaap_IncreaseDecreaseInInventories (20,901)us-gaap_IncreaseDecreaseInInventories
Deferred revenue (3,938)us-gaap_IncreaseDecreaseInDeferredRevenue (3,947)us-gaap_IncreaseDecreaseInDeferredRevenue (4,089)us-gaap_IncreaseDecreaseInDeferredRevenue
Other, net 1,294us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet (10,096)us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet 2,883us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet
Net cash used in operating activities (124,119)us-gaap_NetCashProvidedByUsedInOperatingActivities (52,436)us-gaap_NetCashProvidedByUsedInOperatingActivities (107,840)us-gaap_NetCashProvidedByUsedInOperatingActivities
Cash flows from investing activities      
Property, plant and equipment, net (2,829,558)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (3,114,343)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (1,117,956)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Use of restricted cash and cash equivalents for the acquisition of property, plant and equipment 2,684,433us-gaap_IncreaseDecreaseInRestrictedCash 3,129,709us-gaap_IncreaseDecreaseInRestrictedCash 1,587,495us-gaap_IncreaseDecreaseInRestrictedCash
Investment in Cheniere Partners 0us-gaap_PaymentsToAcquireAdditionalInterestInSubsidiaries (11,122)us-gaap_PaymentsToAcquireAdditionalInterestInSubsidiaries (545,144)us-gaap_PaymentsToAcquireAdditionalInterestInSubsidiaries
Other (66,862)us-gaap_PaymentsForProceedsFromOtherInvestingActivities (33,667)us-gaap_PaymentsForProceedsFromOtherInvestingActivities (8,929)us-gaap_PaymentsForProceedsFromOtherInvestingActivities
Net cash used in investing activities (211,987)us-gaap_NetCashProvidedByUsedInInvestingActivities (29,423)us-gaap_NetCashProvidedByUsedInInvestingActivities (84,534)us-gaap_NetCashProvidedByUsedInInvestingActivities
Cash flows from financing activities      
Proceeds from issuances of long-term debt 3,584,500us-gaap_ProceedsFromIssuanceOfLongTermDebt 4,504,478us-gaap_ProceedsFromIssuanceOfLongTermDebt 520,000us-gaap_ProceedsFromIssuanceOfLongTermDebt
Proceeds from sale of common shares by Cheniere Holdings 228,781us-gaap_ProceedsFromIssuanceInitialPublicOffering 665,001us-gaap_ProceedsFromIssuanceInitialPublicOffering 0us-gaap_ProceedsFromIssuanceInitialPublicOffering
Proceeds from sale of common units by Cheniere Partners 0us-gaap_ProceedsFromIssuanceOfCommonLimitedPartnersUnits 364,775us-gaap_ProceedsFromIssuanceOfCommonLimitedPartnersUnits 204,878us-gaap_ProceedsFromIssuanceOfCommonLimitedPartnersUnits
Proceeds from exercise of stock options 10,805us-gaap_ProceedsFromStockOptionsExercised 3,698us-gaap_ProceedsFromStockOptionsExercised 836us-gaap_ProceedsFromStockOptionsExercised
Proceeds from sale of common stock, net 0us-gaap_ProceedsFromIssuanceOfCommonStock 0us-gaap_ProceedsFromIssuanceOfCommonStock 1,199,869us-gaap_ProceedsFromIssuanceOfCommonStock
Proceeds from sales of Class B units by Cheniere Partners 0lng_ProceedsFromSaleOfClassBUnits (3)lng_ProceedsFromSaleOfClassBUnits 1,387,342lng_ProceedsFromSaleOfClassBUnits
Investment in restricted cash and cash equivalents (2,224,196)us-gaap_ProceedsFromRepaymentsOfRestrictedCashFinancingActivities (4,083,707)us-gaap_ProceedsFromRepaymentsOfRestrictedCashFinancingActivities (1,771,666)us-gaap_ProceedsFromRepaymentsOfRestrictedCashFinancingActivities
Debt issuance and deferred financing costs (111,807)us-gaap_PaymentsOfDebtIssuanceCosts (311,050)us-gaap_PaymentsOfDebtIssuanceCosts (223,079)us-gaap_PaymentsOfDebtIssuanceCosts
Distributions and dividends to non-controlling interest (79,517)us-gaap_PaymentsToMinorityShareholders (69,220)us-gaap_PaymentsToMinorityShareholders (36,327)us-gaap_PaymentsToMinorityShareholders
Repayments of long-term debt (177,000)us-gaap_RepaymentsOfLongTermDebt (100,000)us-gaap_RepaymentsOfLongTermDebt (1,326,514)us-gaap_RepaymentsOfLongTermDebt
Payments related to tax withholdings for share-based compensation (112,324)us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation (136,367)us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation (20,414)us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation
Excess tax benefit from share-based compensation 3,605us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities 3,385us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities 0us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
Net cash provided by (used in) financing activities 1,122,847us-gaap_NetCashProvidedByUsedInFinancingActivities 840,990us-gaap_NetCashProvidedByUsedInFinancingActivities (65,075)us-gaap_NetCashProvidedByUsedInFinancingActivities
Net increase (decrease) in cash and cash equivalents 786,741us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease 759,131us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (257,449)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and cash equivalents—beginning of period 960,842us-gaap_CashAndCashEquivalentsAtCarryingValue 201,711us-gaap_CashAndCashEquivalentsAtCarryingValue 459,160us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and cash equivalents—end of period $ 1,747,583us-gaap_CashAndCashEquivalentsAtCarryingValue $ 960,842us-gaap_CashAndCashEquivalentsAtCarryingValue $ 201,711us-gaap_CashAndCashEquivalentsAtCarryingValue