Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.22.0.1
Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2021
Dec. 31, 2020
Current assets    
Cash and cash equivalents $ 1,404 [1] $ 1,628
Restricted cash and cash equivalents 413 [1] 449
Accounts and other receivables, net of current expected credit losses 1,506 647
Inventory 706 292
Current derivative assets 55 32
Margin deposits 765 25
Other current assets 207 96
Total current assets 5,056 3,169
Property, plant and equipment, net of accumulated depreciation 30,288 30,421
Operating lease assets 2,102 759
Derivative assets 69 376
Goodwill 77 77
Deferred tax assets 1,204 489
Other non-current assets, net 462 406
Total assets 39,258 [1] 35,697
Current liabilities    
Accounts payable 155 35
Accrued liabilities 2,299 1,175
Current debt, net of discount and debt issuance costs 366 372
Deferred revenue 155 138
Current operating lease liabilities 535 161
Current derivative liabilities 1,089 313
Other current liabilities 94 2
Total current liabilities 4,693 2,196
Long-term debt, net of premium, discount and debt issuance costs 29,449 30,471
Operating lease liabilities 1,541 597
Finance lease liabilities 57 57
Derivative liabilities 3,501 151
Other non-current liabilities 50 7
Commitments and Contingencies
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; 275.2 million shares and 273.1 million shares issued at December 31, 2021 and 2020, respectively 1 1
Treasury stock: 21.6 million shares and 20.8 million shares at December 31, 2021 and 2020, respectively, at cost (928) (872)
Additional paid-in-capital 4,377 4,273
Accumulated deficit (6,021) (3,593)
Total stockholders' deficit (2,571) (191)
Non-controlling interest 2,538 2,409
Total equity (deficit) (33) 2,218
Total liabilities and stockholders’ equity (deficit) $ 39,258 [1] $ 35,697
[1] Amounts presented include balances held by our consolidated variable interest entity (“VIE”), CQP, as further discussed in Note 9—Non-controlling Interest and Variable Interest Entity. As of December 31, 2021, total assets and liabilities of CQP, which are included in our Consolidated Balance Sheets, were $19.0 billion and $18.6 billion, respectively, including $0.9 billion of cash and cash equivalents and $0.1 billion of restricted cash and cash equivalents.