Quarterly report pursuant to Section 13 or 15(d)

Other Non-Current Assets

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Other Non-Current Assets
 3 Months Ended
Mar. 31, 2017
Other Assets, Noncurrent [Abstract]  
Other Non-Current Assets
OTHER NON-CURRENT ASSETS

As of March 31, 2017 and December 31, 2016, other non-current assets consisted of the following (in millions):
 
 
March 31,
 
December 31,
 
 
2017
 
2016
Advances made under EPC and non-EPC contracts
 
$
20

 
$
69

Advances made to municipalities for water system enhancements
 
99

 
99

Advances and other asset conveyances to third parties to support LNG terminals
 
46

 
53

Tax-related payments and receivables
 
28

 
31

Equity method investments
 
10

 
10

Cost method investments
 
5

 
5

Other
 
30

 
35

Total other non-current assets, net
 
$
238

 
$
302



Our cost method investments consist of interests in privately-held companies without a readily determinable fair value. The Company’s cost method investments are assessed for impairment quarterly. We determined that it is not practicable to estimate the fair value of these investments on a regular basis and do not reassess the fair value of cost method investments if there are no identified events or changes in circumstances that may have a significant adverse effect on the fair value of the investment. We did not identify events or changes in circumstances that may have a significant adverse effect on the fair value of these investments during the three months ended March 31, 2017.