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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified |
12 Months Ended | ||
|---|---|---|---|
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Dec. 31, 2014
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Dec. 31, 2013
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Dec. 31, 2012
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| 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 |
| X | ||||||||||
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- Definition
Proceeds From Sale Of Class B Units No definition available.
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- Details
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| X | ||||||||||
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- Definition
Represents the expense recognized during the period arising from equity-based compensation arrangements (for example, shares of stock, unit, stock options or other equity instruments) with employees, directors and certain consultants qualifying for treatment as employees. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount of noncash expense included in interest expense to allocate debt discount and premium, and the costs to issue debt and obtain financing over the related debt instruments. Alternate captions include noncash interest expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of increase (decrease) in cash and cash equivalents. Cash and cash equivalents are the amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Includes effect from exchange rate changes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of cash inflow from realized tax benefit related to deductible compensation cost reported on the entity's tax return for equity instruments in excess of the compensation cost for those instruments recognized for financial reporting purposes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The difference between the book value and the sale price of options, swaps, futures, forward contracts, and other derivative instruments. This element refers to the gain (loss) included in earnings. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The increase (decrease) during the reporting period in the amount due from customers for the credit sale of goods and services; includes accounts receivable and other types of receivables. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The increase (decrease) during the reporting period in the amounts payable to vendors for goods and services received and the amount of obligations and expenses incurred but not paid. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The increase (decrease) during the reporting period, excluding the portion taken into income, in the liability reflecting revenue yet to be earned for which cash or other forms of consideration was received or recorded as a receivable. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The increase (decrease) during the reporting period in the aggregate value of all inventory held by the reporting entity, associated with underlying transactions that are classified as operating activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
The increase (decrease) during the reporting period in other assets used in operating activities less other operating liabilities used in operating activities not separately disclosed in the statement of cash flows. May include changes in other current assets and liabilities, other noncurrent assets and liabilities, or a combination of other current and noncurrent assets and liabilities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The net cash inflow or outflow for the increase (decrease) associated with funds that are not available for withdrawal or use (such as funds held in escrow) and are associated with underlying transactions that are classified as investing activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The net cash inflow or outflow for the increase (decrease) associated with funds that are not available for withdrawal or use (such as funds held in escrow) and are associated with underlying transactions that are classified as operating activities. This may include cash restricted for regulatory purposes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Charge to cost of goods sold that represents the reduction of the carrying amount of inventory, generally attributable to obsolescence or market conditions. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of cash inflow (outflow) from financing activities, including discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Amount of cash inflow (outflow) from investing activities, including discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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| X | ||||||||||
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- Definition
Amount of cash inflow (outflow) from operating activities, including discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of Net Income (Loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Other income (expense) included in net income that results in no cash inflows or outflows in the period. Includes noncash adjustments to reconcile net income (loss) to cash provided by (used in) operating activities that are not separately disclosed. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The net cash outflow or inflow from other investing activities. This element is used when there is not a more specific and appropriate element in the taxonomy. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash outflow paid to third parties in connection with debt origination, which will be amortized over the remaining maturity period of the associated long-term debt. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of cash outflow to satisfy an employee's income tax withholding obligation as part of a net-share settlement of a share-based award. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash outflow associated with the purchase of noncontrolling interest during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash outflow associated with the acquisition of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale; includes cash outflows to pay for construction of self-constructed assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of cash outflow to a noncontrolling interest. Includes, but not limited to, reduction of noncontrolling interest ownership. Excludes dividends paid to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash inflow associated with the amount received from entity's first offering of stock to the public. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash inflow from the issuance of common limited partners units during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash inflow from the additional capital contribution to the entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash inflow from a debt initially having maturity due after one year or beyond the operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The net cash inflow or outflow from cash and cash items that are not available for withdrawal or usage. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The cash inflow associated with the amount received from holders exercising their stock options. This item inherently excludes any excess tax benefit, which the entity may have realized and reported separately. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash outflow for debt initially having maturity due after one year or beyond the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The net change in the difference between the fair value and the carrying value, or in the comparative fair values, of derivative instruments, including options, swaps, futures, and forward contracts, held at each balance sheet date, that was included in earnings for the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Write-off of amounts previously capitalized as debt issuance cost in an extinguishment of debt. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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