|
The following table presents the summarized consolidated assets and liabilities (in millions) of our consolidated VIEs, which are included in our Consolidated Balance Sheets. The assets in the table below may only be used to settle obligations of the respective VIEs. In addition, there is no recourse to us for the consolidated VIEs’ liabilities. The assets and liabilities in the table below exclude intercompany balances between the respective VIEs and Cheniere that eliminate in our Consolidated Financial Statements.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
March 31, |
|
December 31, |
|
|
|
|
|
|
|
2026 |
|
2025 |
| ASSETS |
|
|
|
|
| Current assets |
|
|
|
|
| Cash and cash equivalents |
|
$ |
279 |
|
|
$ |
182 |
|
| Restricted cash and cash equivalents |
|
22 |
|
|
22 |
|
| Trade and other receivables, net of current expected credit losses |
|
281 |
|
|
512 |
|
| Inventory |
|
151 |
|
|
186 |
|
| Current derivative assets |
|
3 |
|
|
— |
|
| Margin deposits |
|
17 |
|
|
11 |
|
| Other current assets, net |
|
44 |
|
|
55 |
|
| Total current assets |
|
797 |
|
|
968 |
|
|
|
|
|
|
|
|
|
|
|
| Property, plant and equipment, net of accumulated depreciation |
|
15,106 |
|
|
15,397 |
|
| Operating lease assets |
|
75 |
|
|
77 |
|
| Derivative assets |
|
464 |
|
|
541 |
|
| Other non-current assets, net |
|
207 |
|
|
287 |
|
|
|
|
|
|
| Total assets |
|
$ |
16,649 |
|
|
$ |
17,270 |
|
|
|
|
|
|
| LIABILITIES |
|
|
|
|
| Current liabilities |
|
|
|
|
| Accounts payable |
|
$ |
52 |
|
|
$ |
58 |
|
| Accrued liabilities |
|
732 |
|
|
1,000 |
|
| Current debt, net of unamortized discount and debt issuance costs |
|
1,606 |
|
|
306 |
|
| Deferred revenue |
|
93 |
|
|
119 |
|
| Current operating lease liabilities |
|
5 |
|
|
5 |
|
| Current derivative liabilities |
|
447 |
|
164 |
|
| Other current liabilities |
|
7 |
|
|
11 |
|
|
|
|
|
|
| Total current liabilities |
|
2,942 |
|
|
1,663 |
|
|
|
|
|
|
| Long-term debt, net of unamortized discount and debt issuance costs |
|
12,612 |
|
|
14,161 |
|
| Operating lease liabilities |
|
72 |
|
|
73 |
|
|
|
|
|
|
| Derivative liabilities |
|
1,187 |
|
|
900 |
|
| Other non-current liabilities |
|
155 |
|
|
159 |
|
| Total liabilities |
|
$ |
16,968 |
|
|
$ |
16,956 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|