Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

v3.24.3
Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 2,663 [1] $ 4,066
Restricted cash and cash equivalents 413 [1] 459
Trade and other receivables, net of current expected credit losses 680 1,106
Inventory 394 445
Current derivative assets 94 141
Margin deposits 102 18
Other current assets, net 109 96
Total current assets 4,455 6,331
Property, plant and equipment, net of accumulated depreciation 33,219 32,456
Operating lease assets 2,859 2,641
Derivative assets 1,661 863
Deferred tax assets 26 26
Other non-current assets, net 855 759
Total assets 43,075 [1] 43,076
Current liabilities    
Accounts payable 137 181
Accrued liabilities 1,654 1,780
Current debt, net of unamortized discount and debt issuance costs 700 300
Deferred revenue 189 179
Current operating lease liabilities 621 655
Current derivative liabilities 801 750
Other current liabilities 54 43
Total current liabilities 4,156 3,888
Long-term debt, net of unamortized discount and debt issuance costs 22,546 23,397
Operating lease liabilities 2,234 1,971
Finance lease liabilities 495 467
Derivative liabilities 2,217 2,378
Deferred tax liabilities 1,626 1,545
Other non-current liabilities 448 410
Total liabilities 33,722 34,056
Redeemable non-controlling interest 6 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 September 30, 2024 and December 31, 2023, respectively 1 1
Treasury stock: 53.1 million shares and 40.9 million shares at September 30, 2024 and December 31, 2023, respectively, at cost (5,853) (3,864)
Additional paid-in-capital 4,436 4,377
Retained earnings 6,518 4,546
Total Cheniere stockholders’ equity 5,102 5,060
Non-controlling interest 4,245 3,960
Total stockholders’ equity 9,347 9,020
Total liabilities, redeemable non-controlling interest and stockholders’ equity $ 43,075 [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 6—Non-Controlling Interests and Variable Interest Entities. As of September 30, 2024, total assets and liabilities of our VIEs were $17.2 billion and $18.0 billion, respectively, including $331 million of cash and cash equivalents and $103 million of restricted cash and cash equivalents.