Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Operations

v3.22.1
Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenues    
Revenues $ 7,484 $ 3,090
Revenues from contracts with customers 7,657 3,126
Operating costs and expenses    
Cost of sales (excluding items shown separately below) 7,336 1,386
Operating and maintenance expense 389 322
Development expense 5 1
Selling, general and administrative expense 96 81
Depreciation and amortization expense 271 236
Total operating costs and expenses 8,097 2,026
Income (loss) from operations (613) 1,064
Other income (expense)    
Interest expense, net of capitalized interest (349) (356)
Loss on modification or extinguishment of debt (18) (55)
Interest rate derivative gain, net 3 1
Other income, net 5 6
Total other expense (359) (404)
Income (loss) before income taxes and non-controlling interest (972) 660
Less: income tax provision (benefit) (191) 89
Net income (loss) (781) 571
Less: net income attributable to non-controlling interest 84 178
Net income (loss) attributable to common stockholders $ (865) $ 393
Net income (loss) per share attributable to common stockholders—basic (1) $ (3.41) [1] $ 1.56 [2]
Net income (loss) per share attributable to common stockholders—diluted (1) [1] $ (3.41) $ 1.54
Weighted average number of common shares outstanding—basic 254.0 252.9
Weighted average number of common shares outstanding—diluted 254.0 258.9
LNG [Member]    
Revenues    
Revenues $ 7,340 $ 2,999
Revenues from contracts with customers 7,564 3,039
Regasification [Member]    
Revenues    
Revenues from contracts with customers 68 67
Other [Member]    
Revenues    
Revenues 76 24
Revenues from contracts with customers $ 25 $ 20
[1] Earnings per share in the table may not recalculate exactly due to rounding because it is calculated based on whole numbers, not the rounded numbers presented.
[2] Earnings per share in the table may not recalculate exactly due to rounding because it is calculated based on whole numbers, not the rounded numbers presented.