Quarterly report pursuant to Section 13 or 15(d)

Derivative Instruments - Fair Value of Derivative Instruments by Balance Sheet Location (Details)

v3.19.2
Derivative Instruments - Fair Value of Derivative Instruments by Balance Sheet Location (Details)
$ in Millions
Jun. 30, 2019
USD ($)
tbtu
Dec. 31, 2018
USD ($)
tbtu
Derivatives, Fair Value [Line Items]    
Derivative assets $ 127 $ 63
Non-current derivative assets 103 54
Derivative liabilities (84) (128)
Non-current derivative liabilities (94) (22)
Derivative asset (liability), net
Interest Rate Derivatives [Member]    
Derivatives, Fair Value [Line Items]    
Total derivative assets 0 18
Total derivative liabilities (95) 0
Derivative asset (liability), net (95) 18
Interest Rate Derivatives [Member] | Derivative Assets [Member]    
Derivatives, Fair Value [Line Items]    
Derivative assets 0 10
Interest Rate Derivatives [Member] | Non-current Derivative Assets [Member]    
Derivatives, Fair Value [Line Items]    
Non-current derivative assets 0 8
Interest Rate Derivatives [Member] | Derivative Liabilities [Member]    
Derivatives, Fair Value [Line Items]    
Derivative liabilities (21) 0
Interest Rate Derivatives [Member] | Non-current Derivative Liabilities [Member]    
Derivatives, Fair Value [Line Items]    
Non-current derivative liabilities (74) 0
CCH Interest Rate Derivatives [Member]    
Derivatives, Fair Value [Line Items]    
Total derivative assets 0 18
Total derivative liabilities (88) 0
Derivative asset (liability), net (88) 18
CCH Interest Rate Derivatives [Member] | Derivative Assets [Member]    
Derivatives, Fair Value [Line Items]    
Derivative assets 0 10
CCH Interest Rate Derivatives [Member] | Non-current Derivative Assets [Member]    
Derivatives, Fair Value [Line Items]    
Non-current derivative assets 0 8
CCH Interest Rate Derivatives [Member] | Derivative Liabilities [Member]    
Derivatives, Fair Value [Line Items]    
Derivative liabilities (21) 0
CCH Interest Rate Derivatives [Member] | Non-current Derivative Liabilities [Member]    
Derivatives, Fair Value [Line Items]    
Non-current derivative liabilities (67) 0
CCH Interest Rate Forward Start Derivatives [Member]    
Derivatives, Fair Value [Line Items]    
Total derivative assets 0 0
Total derivative liabilities (7) 0
Derivative asset (liability), net (7) 0
CCH Interest Rate Forward Start Derivatives [Member] | Derivative Assets [Member]    
Derivatives, Fair Value [Line Items]    
Derivative assets 0 0
CCH Interest Rate Forward Start Derivatives [Member] | Non-current Derivative Assets [Member]    
Derivatives, Fair Value [Line Items]    
Non-current derivative assets 0 0
CCH Interest Rate Forward Start Derivatives [Member] | Derivative Liabilities [Member]    
Derivatives, Fair Value [Line Items]    
Derivative liabilities 0 0
CCH Interest Rate Forward Start Derivatives [Member] | Non-current Derivative Liabilities [Member]    
Derivatives, Fair Value [Line Items]    
Non-current derivative liabilities (7) 0
Commodity Derivatives [Member]    
Derivatives, Fair Value [Line Items]    
Total derivative assets 219 83
Total derivative liabilities (82) (149)
Derivative asset (liability), net 137 (66)
Commodity Derivatives [Member] | Derivative Assets [Member]    
Derivatives, Fair Value [Line Items]    
Derivative assets 116 37
Commodity Derivatives [Member] | Non-current Derivative Assets [Member]    
Derivatives, Fair Value [Line Items]    
Non-current derivative assets 103 46
Commodity Derivatives [Member] | Derivative Liabilities [Member]    
Derivatives, Fair Value [Line Items]    
Derivative liabilities (63) (127)
Commodity Derivatives [Member] | Non-current Derivative Liabilities [Member]    
Derivatives, Fair Value [Line Items]    
Non-current derivative liabilities (19) (22)
Liquefaction Supply Derivatives [Member]    
Derivatives, Fair Value [Line Items]    
Total derivative assets [1] 118 59
Total derivative liabilities [1] (28) (101)
Derivative asset (liability), net [1] $ 90 $ (42)
Notional amount | tbtu [2] 6,781 5,832
Derivative, collateral deposit (call) $ (6) $ (5)
Liquefaction Supply Derivatives [Member] | Derivative Assets [Member]    
Derivatives, Fair Value [Line Items]    
Derivative assets [1] 24 13
Liquefaction Supply Derivatives [Member] | Non-current Derivative Assets [Member]    
Derivatives, Fair Value [Line Items]    
Non-current derivative assets [1] 94 46
Liquefaction Supply Derivatives [Member] | Derivative Liabilities [Member]    
Derivatives, Fair Value [Line Items]    
Derivative liabilities [1] (13) (79)
Liquefaction Supply Derivatives [Member] | Non-current Derivative Liabilities [Member]    
Derivatives, Fair Value [Line Items]    
Non-current derivative liabilities [1] (15) (22)
LNG Trading Derivatives [Member]    
Derivatives, Fair Value [Line Items]    
Total derivative assets [3] 101 24
Total derivative liabilities [3] (54) (48)
Derivative asset (liability), net [3] $ 47 $ (24)
Notional amount | tbtu 50 12
Derivative, collateral deposit (call) $ 15 $ 9
LNG Trading Derivatives [Member] | Derivative Assets [Member]    
Derivatives, Fair Value [Line Items]    
Derivative assets [3] 92 24
LNG Trading Derivatives [Member] | Non-current Derivative Assets [Member]    
Derivatives, Fair Value [Line Items]    
Non-current derivative assets [3] 9 0
LNG Trading Derivatives [Member] | Derivative Liabilities [Member]    
Derivatives, Fair Value [Line Items]    
Derivative liabilities [3] (50) (48)
LNG Trading Derivatives [Member] | Non-current Derivative Liabilities [Member]    
Derivatives, Fair Value [Line Items]    
Non-current derivative liabilities [3] (4) 0
FX Derivatives [Member] | Derivative Assets [Member]    
Derivatives, Fair Value [Line Items]    
Derivative assets 11 16
FX Derivatives [Member] | Derivative Liabilities [Member]    
Derivatives, Fair Value [Line Items]    
Derivative liabilities 0 (1)
FX Derivatives [Member] | Non-current Derivative Liabilities [Member]    
Derivatives, Fair Value [Line Items]    
Non-current derivative liabilities $ (1) $ 0
SPL [Member] | Maximum [Member]    
Derivatives, Fair Value [Line Items]    
Energy Units Secured Through Natural Gas Supply Contracts | tbtu 3,437 3,464
CCL [Member] | Natural Gas Supply Agreement [Member]    
Derivatives, Fair Value [Line Items]    
Derivative assets $ 2 $ 2
Non-current derivative assets $ 1 $ 3
Energy Units Secured Through Natural Gas Supply Contracts | tbtu 57 55
CCL [Member] | Maximum [Member]    
Derivatives, Fair Value [Line Items]    
Energy Units Secured Through Natural Gas Supply Contracts | tbtu 2,787 2,801
Corpus Christi Stage 3 Liquefaction [Member] | Maximum [Member]    
Derivatives, Fair Value [Line Items]    
Energy Units Secured Through Natural Gas Supply Contracts | tbtu 754  
[1]
Does not include collateral calls of $6 million and $5 million for such contracts, which are included in other current assets in our Consolidated Balance Sheets as of June 30, 2019 and December 31, 2018, respectively. Includes derivative assets of $2 million and $2 million and non-current assets of $1 million and $3 million as of June 30, 2019 and December 31, 2018, respectively, for a natural gas supply contract CCL has with a related party.
[2]
SPL had secured up to approximately 3,437 TBtu and 3,464 TBtu as of June 30, 2019 and December 31, 2018, respectively. CCL had secured up to approximately 2,787 TBtu and 2,801 TBtu of natural gas feedstock through natural gas supply contracts as of June 30, 2019 and December 31, 2018, respectively, of which 57 TBtu and 55 TBtu, respectively, were for a natural gas supply contract CCL has with a related party. Corpus Christi Stage 3 had secured up to approximately 754 TBtu of natural gas feedstock through natural gas supply contracts as of June 30, 2019.

[3]
Does not include collateral of $15 million and $9 million deposited for such contracts, which are included in other current assets in our Consolidated Balance Sheets as of June 30, 2019 and December 31, 2018, respectively.