Quarterly report pursuant to Section 13 or 15(d)

Derivative Instruments - Derivative Instruments, Gain (Loss) (Details)

v3.20.2
Derivative Instruments - Derivative Instruments, Gain (Loss) (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Dec. 31, 2019
Derivative Instruments, Gain (Loss) [Line Items]          
Accrued liabilities $ 735   $ 735   $ 1,281
CCH Interest Rate Derivatives [Member] | Interest rate derivative loss, net [Member]          
Derivative Instruments, Gain (Loss) [Line Items]          
Derivative gain (loss), net (15) $ (67) (138) $ (102)  
CCH Interest Rate Forward Start Derivatives [Member] | Interest rate derivative loss, net [Member]          
Derivative Instruments, Gain (Loss) [Line Items]          
Derivative gain (loss), net (10) (7) (95) (7)  
LNG Trading Derivatives [Member] | LNG Revenues [Member]          
Derivative Instruments, Gain (Loss) [Line Items]          
Derivative gain (loss), net [1] (34) 94 106 158  
LNG Trading Derivatives [Member] | Cost of Sales [Member]          
Derivative Instruments, Gain (Loss) [Line Items]          
Derivative gain (loss), net [1] 34 (51) 0 (51)  
Liquefaction Supply Derivatives [Member] | LNG Revenues [Member]          
Derivative Instruments, Gain (Loss) [Line Items]          
Derivative gain (loss), net [1],[2] (13) (1) (14) 1  
Liquefaction Supply Derivatives [Member] | Cost of Sales [Member]          
Derivative Instruments, Gain (Loss) [Line Items]          
Derivative gain (loss), net [1],[2],[3] (62) 57 475 139  
FX Derivatives [Member] | LNG Revenues [Member]          
Derivative Instruments, Gain (Loss) [Line Items]          
Derivative gain (loss), net 2 0 27 9  
CCL [Member] | Natural Gas Supply Agreement [Member]          
Derivative Instruments, Gain (Loss) [Line Items]          
Cost of sales 25 24 48 36  
Accrued liabilities 8   8   $ 3
CCL [Member] | Liquefaction Supply Derivatives [Member] | Natural Gas Supply Agreement [Member]          
Derivative Instruments, Gain (Loss) [Line Items]          
Derivative gain (loss), net $ 1 $ (1) $ 2 $ (3)  
[1] Fair value fluctuations associated with commodity derivative activities are classified and presented consistently with the item economically hedged and the nature and intent of the derivative instrument.
[2]
Does not include the realized value associated with derivative instruments that settle through physical delivery.
[3]
CCL recorded $25 million and $24 million in cost of sales under a natural gas supply contract with a related party during the three months ended June 30, 2020 and 2019, respectively, including $1 million of Liquefaction Supply Derivatives gain and $1 million of Liquefaction Supply Derivatives loss, respectively. During the six months ended June 30, 2020 and 2019, CCL recorded $48 million and $36 million in cost of sales under a natural gas supply contract with a related party, respectively, including $2 million of Liquefaction Supply Derivatives gain and $3 million of Liquefaction Supply Derivatives loss, respectively. As of June 30, 2020 and December 31, 2019, $8 million and $3 million, respectively, were included in accrued liabilities related to this contract.