Quarterly report pursuant to Section 13 or 15(d)

Revenues from Contracts with Customers - Schedule of Disaggregation of Revenue (Details)

v3.20.2
Revenues from Contracts with Customers - Schedule of Disaggregation of Revenue (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Disaggregation of Revenue [Line Items]        
Revenues from contracts with customers $ 2,424 $ 2,168 $ 4,917 $ 4,316
Net derivative gains (losses) [1] (45) 93 119 169
Other revenues [2] 23 31 75 68
Total revenues 2,402 2,292 5,111 4,553
LNG [Member]        
Disaggregation of Revenue [Line Items]        
Revenues from contracts with customers [3] 2,340 2,080 4,744 4,147
Total revenues 2,295 2,173 4,863 4,316
Suspension Fees and LNG Cover Damages Revenue [Member]        
Disaggregation of Revenue [Line Items]        
Revenues from contracts with customers 708   761  
Suspension Fees and LNG Cover Damages Revenue [Member] | Subsequent Period [Member]        
Disaggregation of Revenue [Line Items]        
Revenues from contracts with customers 458 [3]   458  
Suspension Fees and LNG Cover Damages Revenue [Member] | Current Period [Member]        
Disaggregation of Revenue [Line Items]        
Accelerated Revenue From Contract With Customers 53      
Regasification [Member]        
Disaggregation of Revenue [Line Items]        
Revenues from contracts with customers 68 67 135 133
Other [Member]        
Disaggregation of Revenue [Line Items]        
Revenues from contracts with customers 16 21 38 36
Total revenues $ 39 $ 52 $ 113 $ 104
[1]
See Note 6—Derivative Instruments for additional information about our derivatives.
[2]
Includes revenues from LNG vessel subcharters. See Note 11—Leases for additional information about our subleases.
[3]
LNG revenues include revenues for LNG cargoes in which our customers exercised their contractual right to not take delivery but remained obligated to pay fixed fees irrespective of such election. LNG revenues during the three and six months ended June 30, 2020 included $708 million and $761 million, respectively, in revenues associated with LNG cargoes for which customers have notified us that they will not take delivery, of which $458 million would have otherwise been recognized subsequent to June 30, 2020, if the cargoes were lifted pursuant to the delivery schedules with the customers. LNG revenues during the three months ended June 30, 2020 excluded $53 million that would have otherwise been recognized during the quarter if the cargoes were lifted pursuant to the delivery schedules with the customers. Revenue is generally recognized upon receipt of irrevocable notice that a customer will not take delivery because our customers have no contractual right to take delivery of such LNG cargo in future periods and our performance obligations with respect to such LNG cargo have been satisfied.