Quarterly report pursuant to Section 13 or 15(d)

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

v3.21.2
Derivative Instruments - Fair Value of Derivative Instruments by Balance Sheet Location (Details) - USD ($)
$ in Millions
Sep. 30, 2021
Dec. 31, 2020
Derivatives, Fair Value [Line Items]    
Current derivative assets $ 266 $ 32
Derivative assets 71 376
Total derivative assets 337 408
Current derivative liabilities (1,979) (313)
Derivative liabilities (2,158) (151)
Total derivative liabilities (4,137) (464)
Derivative asset (liability), net (3,800) (56)
Current Derivative Assets [Member]    
Derivatives, Fair Value [Line Items]    
Current derivative assets 266 32
Derivative Assets [Member]    
Derivatives, Fair Value [Line Items]    
Derivative assets 71 376
Current Derivative Liabilities [Member]    
Derivatives, Fair Value [Line Items]    
Current derivative liabilities (1,979) (313)
Derivative Liabilities [Member]    
Derivatives, Fair Value [Line Items]    
Derivative liabilities (2,158) (151)
CCH Interest Rate Derivatives [Member]    
Derivatives, Fair Value [Line Items]    
Total derivative assets 0 0
Total derivative liabilities (67) (140)
Derivative asset (liability), net (67) (140)
CCH Interest Rate Derivatives [Member] | Current Derivative Assets [Member]    
Derivatives, Fair Value [Line Items]    
Current derivative assets 0 0
CCH Interest Rate Derivatives [Member] | Derivative Assets [Member]    
Derivatives, Fair Value [Line Items]    
Derivative assets 0 0
CCH Interest Rate Derivatives [Member] | Current Derivative Liabilities [Member]    
Derivatives, Fair Value [Line Items]    
Current derivative liabilities (67) (100)
CCH Interest Rate Derivatives [Member] | Derivative Liabilities [Member]    
Derivatives, Fair Value [Line Items]    
Derivative liabilities 0 (40)
Liquefaction Supply Derivatives [Member]    
Derivatives, Fair Value [Line Items]    
Total derivative assets [1] 159 403
Total derivative liabilities [1] (2,788) (163)
Derivative asset (liability), net [1] (2,629) 240
Derivative, collateral posted by us 47 9
Liquefaction Supply Derivatives [Member] | Current Derivative Assets [Member]    
Derivatives, Fair Value [Line Items]    
Current derivative assets [1] 88 27
Liquefaction Supply Derivatives [Member] | Derivative Assets [Member]    
Derivatives, Fair Value [Line Items]    
Derivative assets [1] 71 376
Liquefaction Supply Derivatives [Member] | Current Derivative Liabilities [Member]    
Derivatives, Fair Value [Line Items]    
Current derivative liabilities [1] (630) (54)
Liquefaction Supply Derivatives [Member] | Derivative Liabilities [Member]    
Derivatives, Fair Value [Line Items]    
Derivative liabilities [1] (2,158) (109)
LNG Trading Derivatives [Member]    
Derivatives, Fair Value [Line Items]    
Total derivative assets [2] 163 0
Total derivative liabilities [2] (1,276) (134)
Derivative asset (liability), net [2] (1,113) (134)
Derivative, collateral posted by us 287 7
LNG Trading Derivatives [Member] | Current Derivative Assets [Member]    
Derivatives, Fair Value [Line Items]    
Current derivative assets [2] 163 0
LNG Trading Derivatives [Member] | Derivative Assets [Member]    
Derivatives, Fair Value [Line Items]    
Derivative assets [2] 0 0
LNG Trading Derivatives [Member] | Current Derivative Liabilities [Member]    
Derivatives, Fair Value [Line Items]    
Current derivative liabilities [2] (1,276) (134)
LNG Trading Derivatives [Member] | Derivative Liabilities [Member]    
Derivatives, Fair Value [Line Items]    
Derivative liabilities [2] 0 0
FX Derivatives [Member]    
Derivatives, Fair Value [Line Items]    
Total derivative assets 15 5
Total derivative liabilities (6) (27)
Derivative asset (liability), net 9 (22)
FX Derivatives [Member] | Current Derivative Assets [Member]    
Derivatives, Fair Value [Line Items]    
Current derivative assets 15 5
FX Derivatives [Member] | Derivative Assets [Member]    
Derivatives, Fair Value [Line Items]    
Derivative assets 0 0
FX Derivatives [Member] | Current Derivative Liabilities [Member]    
Derivatives, Fair Value [Line Items]    
Current derivative liabilities (6) (25)
FX Derivatives [Member] | Derivative Liabilities [Member]    
Derivatives, Fair Value [Line Items]    
Derivative liabilities $ 0 $ (2)
[1] Does not include collateral posted with counterparties by us of $47 million and $9 million, which are included in margin deposits and other current assets in our Consolidated Balance Sheets as of September 30, 2021 and December 31, 2020, respectively. Includes derivative assets for natural gas supply contracts that SPL and CCL have with related parties. See Note 12—Related Party Transactions.
[2] Does not include collateral posted with counterparties by us of $287 million and $7 million, which are included in margin deposits and other current assets in our Consolidated Balance Sheets as of September 30, 2021 and December 31, 2020, respectively.