Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Operations

v3.22.2
Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenues        
Revenues $ 8,007 $ 3,017 $ 15,491 $ 6,107
Revenues from contracts with customers 7,882 3,388 15,539 6,514
Operating costs and expenses        
Cost of sales (excluding items shown separately below) 5,752 2,154 13,088 3,540
Operating and maintenance expense 419 385 808 707
Development expense 3 2 8 3
Selling, general and administrative expense 77 73 173 154
Depreciation and amortization expense 276 258 547 494
Impairment expense and loss (gain) on disposal of assets 3 (1) 3 (1)
Total operating costs and expenses 6,530 2,871 14,627 4,897
Income from operations 1,477 146 864 1,210
Other income (expense)        
Interest expense, net of capitalized interest (357) (368) (706) (724)
Loss on modification or extinguishment of debt (28) (4) (46) (59)
Derivative gain (loss), net (1) (2) 2 (1)
Other income, net 3 4 8 10
Total other expense (383) (370) (742) (774)
Income before income taxes and non-controlling interest 1,094 (224) 122 436
Less: income tax provision (benefit) 181 (93) (10) (4)
Net income 913 (131) 132 440
Less: net income attributable to non-controlling interest 172 198 256 376
Net income (loss) attributable to common stockholders $ 741 $ (329) $ (124) $ 64
Net income (loss) per share attributable to common stockholders—basic $ 2.92 $ (1.30) $ (0.49) $ 0.25
Net income (loss) per share attributable to common stockholders—diluted $ 2.90 $ (1.30) $ (0.49) $ 0.25
Weighted average number of common shares outstanding—basic 253.6 253.5 253.8 253.2
Weighted average number of common shares outstanding—diluted 255.9 253.5 253.8 254.7
LNG [Member]        
Revenues        
Revenues $ 7,873 $ 2,913 $ 15,213 $ 5,912
Revenues from contracts with customers 7,788 3,297 15,352 6,336
Regasification [Member]        
Revenues        
Revenues from contracts with customers 68 67 136 134
Other [Member]        
Revenues        
Revenues 66 37 142 61
Revenues from contracts with customers $ 26 $ 24 $ 51 $ 44