Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.19.3.a.u2
Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2019
Dec. 31, 2018
Current assets    
Cash and cash equivalents $ 2,474 [1] $ 981
Restricted cash 520 [1] 2,175
Accounts and other receivables 491 585
Inventory 312 316
Derivative assets 323 63
Other current assets 92 114
Total current assets 4,212 4,234
Property, plant and equipment, net 29,673 27,245
Operating lease assets, net 439 0
Non-current derivative assets 174 54
Goodwill 77 77
Deferred tax assets 529 8
Other non-current assets, net 388 369
Total assets 35,492 [1] 31,987
Current liabilities    
Accounts payable 66 58
Accrued liabilities 1,281 1,169
Current debt 0 239
Deferred revenue 161 139
Current operating lease liabilities 236 0
Derivative liabilities 117 128
Other current liabilities 13 9
Total current liabilities 1,874 1,742
Long-term debt, net 30,774 28,179
Non-current operating lease liabilities 189 0
Non-current finance lease liabilities 58 57
Non-current derivative liabilities 151 22
Other non-current liabilities 11 58
Commitments and contingencies (see Note 19)
Stockholders’ equity    
Preferred stock, $0.0001 par value, 5.0 million shares authorized, none issued 0 0
Issued: 270.7 million shares and 269.8 million shares at December 31, 2019 and 2018, respectively
Outstanding: 253.6 million shares and 257.0 million shares at December 31, 2019 and 2018, respectively 1 1
Treasury stock: 17.1 million shares and 12.8 million shares at December 31, 2019 and 2018, respectively, at cost (674) (406)
Additional paid-in-capital 4,167 4,035
Accumulated deficit (3,508) (4,156)
Total stockholders’ deficit (14) (526)
Non-controlling interest 2,449 2,455
Total equity 2,435 1,929
Total liabilities and stockholders’ equity $ 35,492 [1] $ 31,987
[1]
Amounts presented include balances held by our consolidated variable interest entity (“VIE”), Cheniere Partners, as further discussed in Note 9— Non-controlling Interest and Variable Interest Entity. As of December 31, 2019, total assets and liabilities of Cheniere Partners, which are included in our Consolidated Balance Sheets, were $19.1 billion and $18.6 billion, respectively, including $1.8 billion of cash and cash equivalents and $0.2 billion of restricted cash.