Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Operations

v3.22.2.2
Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues        
Revenues $ 8,852 $ 3,200 $ 24,343 $ 9,307
Revenues from contracts with customers 8,904 4,260 24,443 10,773
Operating costs and expenses        
Cost of sales (excluding items shown separately below) 11,073 4,868 24,161 8,408
Operating and maintenance expense 419 350 1,227 1,057
Development expense 4 2 12 5
Selling, general and administrative expense 92 70 265 224
Depreciation and amortization expense 280 259 827 753
Other 0 1 3 0
Total operating costs and expenses 11,868 5,550 26,495 10,447
Loss from operations (3,016) (2,350) (2,152) (1,140)
Other income (expense)        
Interest expense, net of capitalized interest (354) (364) (1,060) (1,088)
Gain (loss) on modification or extinguishment of debt 3 (36) (43) (95)
Derivative gain (loss), net 0 (2) 2 (3)
Other expense, net (29) (24) (21) (14)
Total other expense (380) (426) (1,122) (1,200)
Loss before income taxes and non-controlling interest (3,396) (2,776) (3,274) (2,340)
Less: income tax benefit (752) (1,860) (762) (1,864)
Net loss (2,644) (916) (2,512) (476)
Less: net income (loss) attributable to non-controlling interest (259) 168 (3) 544
Net loss attributable to common stockholders $ (2,385) $ (1,084) $ (2,509) $ (1,020)
Net loss per share attributable to common stockholders—basic [1] $ (9.54) $ (4.27) $ (9.94) $ (4.03)
Net loss per share attributable to common stockholders—diluted [1] $ (9.54) $ (4.27) $ (9.94) $ (4.03)
Weighted average number of common shares outstanding—basic 249.9 253.6 252.5 253.3
Weighted average number of common shares outstanding—diluted 249.9 253.6 252.5 253.3
LNG [Member]        
Revenues        
Revenues $ 8,236 $ 3,078 $ 23,449 $ 8,990
Revenues from contracts with customers 8,422 4,170 23,774 10,505
Regasification [Member]        
Revenues        
Revenues from contracts with customers 455 68 591 202
Other [Member]        
Revenues        
Revenues 161 54 303 115
Revenues from contracts with customers $ 27 $ 22 $ 78 $ 66
[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.