Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

v3.24.1.u1
Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 4,411 [1] $ 4,066
Restricted cash and cash equivalents 427 [1] 459
Trade and other receivables, net of current expected credit losses 675 1,106
Inventory 363 445
Current derivative assets 122 141
Margin deposits 34 18
Other current assets, net 77 96
Total current assets 6,109 6,331
Property, plant and equipment, net of accumulated depreciation 32,705 32,456
Operating lease assets 2,924 2,641
Derivative assets 367 863
Deferred tax assets 27 26
Other non-current assets, net 779 759
Total assets 42,911 [1] 43,076
Current liabilities    
Accounts payable 102 181
Accrued liabilities 1,097 1,780
Current debt, net of unamortized debt issuance costs 3,633 300
Deferred revenue 125 179
Current operating lease liabilities 678 655
Current derivative liabilities 536 750
Other current liabilities 41 43
Total current liabilities 6,212 3,888
Long-term debt, net of unamortized discount and debt issuance costs 21,401 23,397
Operating lease liabilities 2,247 1,971
Finance lease liabilities 458 467
Derivative liabilities 2,359 2,378
Deferred tax liabilities 1,534 1,545
Other non-current liabilities 402 410
Total liabilities 34,613 34,056
Redeemable non-controlling interest 4 0
Stockholders’ equity    
Preferred stock: $0.0001 par value, 5.0 million shares authorized, none issued 0 0
Common stock: $0.003 par value, 480.0 million shares authorized; 278.5 million shares and 277.9 million shares issued at March 31, 2024 and December 31, 2023, respectively 1 1
Treasury stock: 48.4 million shares and 40.9 million shares at March 31, 2024 and December 31, 2023, respectively, at cost (5,067) (3,864)
Additional paid-in-capital 4,371 4,377
Retained earnings 4,945 4,546
Total Cheniere stockholders’ equity 4,250 5,060
Non-controlling interest 4,044 3,960
Total stockholders’ equity 8,294 9,020
Total liabilities, redeemable non-controlling interest and stockholders’ equity $ 42,911 [1] $ 43,076
[1] Amounts presented include balances held by our consolidated variable interest entities (“VIEs”), substantially all of which are related to CQP, as further discussed in Note 7—Non-controlling Interests and Variable Interest Entities. As of March 31, 2024, total assets and liabilities of our VIEs were $17.4 billion and $18.3 billion, respectively, including $333 million of cash and cash equivalents and $64 million of restricted cash and cash equivalents.