Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

v3.19.3
Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2019
Dec. 31, 2018
Current assets    
Cash and cash equivalents [1] $ 2,539 $ 981
Restricted cash [1] 578 2,175
Accounts and other receivables 507 585
Inventory 288 316
Derivative assets 140 63
Other current assets 133 114
Total current assets 4,185 4,234
Property, plant and equipment, net 29,490 27,245
Operating lease assets, net 493 0
Debt issuance costs, net 50 72
Non-current derivative assets 123 54
Goodwill 77 77
Other non-current assets, net 287 305
Total assets 34,705 [1] 31,987
Current liabilities    
Accounts payable 50 58
Accrued liabilities 1,199 1,169
Current debt 11 239
Deferred revenue 171 139
Current operating lease liabilities 275 0
Derivative liabilities 181 128
Other current liabilities 5 9
Total current liabilities 1,892 1,742
Long-term debt, net 30,795 28,179
Non-current operating lease liabilities 203 0
Non-current finance lease liabilities 58 57
Non-current derivative liabilities 245 22
Other non-current liabilities 26 58
Commitments and contingencies (see Note 17)
Stockholders’ equity    
Preferred stock, $0.0001 par value, 5.0 million shares authorized, none issued 0 0
Common stock, $0.003 par value, Authorized: 480.0 million shares at September 30, 2019 and December 31, 2018; Issued: 270.6 million shares at September 30, 2019 and 269.8 million shares at December 31, 2018
Outstanding: 255.0 million shares at September 30, 2019 and 257.0 million shares at December 31, 2018 1 1
Treasury stock: 15.6 million shares and 12.8 million shares at September 30, 2019 and December 31, 2018, respectively, at cost (584) (406)
Additional paid-in-capital 4,130 4,035
Accumulated deficit (4,447) (4,156)
Total stockholders’ deficit (900) (526)
Non-controlling interest 2,386 2,455
Total equity 1,486 1,929
Total liabilities and equity $ 34,705 [1] $ 31,987
[1]
Amounts presented include balances held by our consolidated variable interest entity (“VIE”), Cheniere Partners, as further discussed in Note 8— Non-controlling Interest and Variable Interest Entity. As of September 30, 2019, total assets and liabilities of Cheniere Partners, which are included in our Consolidated Balance Sheets, were $19.0 billion and $18.6 billion, respectively, including $1.7 billion of cash and cash equivalents and $0.2 billion of restricted cash.