Quarterly report pursuant to Section 13 or 15(d)

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

v3.21.2
Revenues from Contracts with Customers - Schedule of Disaggregation of Revenue (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Disaggregation of Revenue [Line Items]        
Revenues from contracts with customers $ 4,259 $ 1,421 $ 10,773 $ 6,338
Net derivative gains (losses) [1] (1,091) 29 (1,515) 148
Other revenues [2] 32 10 49 85
Total revenues 3,200 1,460 9,307 6,571
LNG [Member]        
Disaggregation of Revenue [Line Items]        
Revenues from contracts with customers [3] 4,169 1,344 10,505 6,088
Total revenues 3,078 1,373 8,990 6,236
Suspension Fees and LNG Cover Damages Revenue [Member]        
Disaggregation of Revenue [Line Items]        
Revenues from contracts with customers 0 171 0 932
Suspension Fees and LNG Cover Damages Revenue [Member] | Subsequent Period        
Disaggregation of Revenue [Line Items]        
Revenues from contracts with customers   47   47
Suspension Fees and LNG Cover Damages Revenue [Member] | Current Period        
Disaggregation of Revenue [Line Items]        
Revenues from contracts with customers 0 458 38 0
Regasification [Member]        
Disaggregation of Revenue [Line Items]        
Revenues from contracts with customers 68 67 202 202
Other [Member]        
Disaggregation of Revenue [Line Items]        
Revenues from contracts with customers 22 10 66 48
Total revenues $ 54 $ 20 $ 115 $ 133
[1] See Note 6—Derivative Instruments for additional information about our derivatives.
[2] Includes revenues from LNG vessel subcharters. See Note 10—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. During the three and nine months ended September 30, 2020, we recognized $171 million and $932 million, respectively, in LNG revenues associated with LNG cargoes for which customers notified us that they would not take delivery, of which $47 million would have been recognized subsequent to September 30, 2020 had the cargoes been lifted pursuant to the delivery schedules with the customers. LNG revenues during the three months ended September 30, 2021 and 2020 excluded zero and $458 million, respectively, and LNG revenues during the nine months ended September 30, 2021 and 2020 excluded $38 million and zero, respectively, that would have otherwise been recognized during the period if the cargoes were lifted pursuant to the delivery schedules with the customers. We did not have revenues associated with LNG cargoes for which customers notified us that they would not take delivery during the three and nine months ended September 30, 2021. 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.