Cheniere Energy (LNG) 10-Q1 Nov 232023 Q3 Quarterly reportFinancial data

Company Profile

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
Document and Entity Information - shares	Sep. 30, 2023	Oct. 26, 2023
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2023
Document Transition Report	false
Entity File Number	001-16383
Entity Registrant Name	CHENIERE ENERGY, INC.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	95-4352386
Entity Address, Address Line One	700 Milam Street
Entity Address, Address Line Two	Suite 1900
Entity Address, City or Town	Houston
Entity Address, State or Province	TX
Entity Address, Postal Zip Code	77002
City Area Code	713
Local Phone Number	375-5000
Title of 12(b) Security	Common Stock, $ 0.003 par value
Trading Symbol	LNG
Security Exchange Name	NYSEAMER
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		238,254,866
Entity Central Index Key	0000003570
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q3

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) shares in Millions, $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Revenues
Revenues		$ 4,159	$ 8,852	$ 15,571	$ 24,343
Operating costs and expenses (recoveries)
Cost (recovery) of sales (excluding items shown separately below)		556	11,073	(71)	24,161
Operating and maintenance expense		445	419	1,376	1,227
Selling, general and administrative expense		102	92	296	265
Depreciation and amortization expense		298	280	892	827
Other		3	4	24	15
Total operating costs and expenses		1,404	11,868	2,517	26,495
Income (loss) from operations		2,755	(3,016)	13,054	(2,152)
Other income (expense)
Interest expense, net of capitalized interest		(283)	(354)	(871)	(1,060)
Gain (loss) on modification or extinguishment of debt		(3)	3	15	(43)
Interest and dividend income		58	20	147	28
Other income (expense), net		4	(49)	7	(47)
Total other expense		(224)	(380)	(702)	(1,122)
Income (loss) before income taxes and non-controlling interest		2,531	(3,396)	12,352	(3,274)
Less: income tax provision (benefit)		440	(752)	2,119	(762)
Net income (loss)		2,091	(2,644)	10,233	(2,512)
Less: net income (loss) attributable to non-controlling interest		390	(259)	1,729	(3)
Net income (loss) attributable to common stockholders		$ 1,701	$ (2,385)	$ 8,504	$ (2,509)
Net income (loss) per share attributable to common stockholders—basic (1)	[1]	$ 7.08	$ (9.54)	$ 35.12	$ (9.94)
Net income (loss) per share attributable to common stockholders—diluted (1)	[1]	$ 7.03	$ (9.54)	$ 34.87	$ (9.94)
Weighted average number of common shares outstanding—basic		240.2	249.9	242.1	252.5
Weighted average number of common shares outstanding—diluted		242	249.9	243.9	252.5
LNG [Member]
Revenues
Revenues		$ 3,974	$ 8,236	$ 14,984	$ 23,449
Regasification [Member]
Revenues
Revenues		34	455	101	591
Other [Member]
Revenues
Revenues		$ 151	$ 161	$ 486	$ 303

[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.

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Millions	Sep. 30, 2023		Dec. 31, 2022
Current assets
Cash and cash equivalents	$ 3,861	[1]	$ 1,353
Restricted cash and cash equivalents	422	[1]	1,134
Trade and other receivables, net of current expected credit losses	811		1,944
Inventory	400		826
Current derivative assets	95		120
Margin deposits	73		134
Other current assets, net	107		97
Total current assets	5,769		5,608
Property, plant and equipment, net of accumulated depreciation	32,053		31,528
Operating lease assets	2,549		2,625
Derivative assets	620		35
Goodwill	77		77
Deferred tax assets	40		864
Other non-current assets, net	611		529
Total assets	41,719	[1]	41,266
Current liabilities
Accounts payable	126		124
Accrued liabilities	1,433		2,679
Current debt, net of discount and debt issuance costs	349		813
Deferred revenue	209		234
Current operating lease liabilities	612		616
Current derivative liabilities	991		2,301
Other current liabilities	38		28
Total current liabilities	3,758		6,795
Long-term debt, net of discount and debt issuance costs	23,389		24,055
Operating lease liabilities	1,907		1,971
Finance lease liabilities	476		494
Derivative liabilities	2,882		7,947
Deferred tax liabilities	1,178		0
Other non-current liabilities	222		175
Stockholders’ equity (deficit)
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; 277.8 million shares and 276.7 million shares issued at September 30, 2023 and December 31, 2022, respectively	1		1
Treasury stock: 39.0 million shares and 31.2 million shares at September 30, 2023 and December 31, 2022, respectively, at cost	(3,522)		(2,342)
Additional paid-in-capital	4,394		4,314
Accumulated income (deficit)	3,271		(4,942)
Total Cheniere stockholders’ equity (deficit)	4,144		(2,969)
Non-controlling interest	3,763		2,798
Total stockholders’ equity (deficit)	7,907		(171)
Total liabilities and stockholders’ equity (deficit)	$ 41,719	[1]	$ 41,266

[1] Amounts presented include balances held by our consolidated variable interest entity ( “VIE” ), CQP, as further discussed in Note 7—Non-controlling Interest and Variable Interest Entity . As of September 30, 2023, total assets and liabilities of CQP were $17.8 billion and $19.0 billion, respectively, including $499 million of cash and cash equivalents and $35 million of restricted cash and cash equivalents.

Consolidated Balance Sheets Par

Consolidated Balance Sheets Parentheticals - USD ($) $ in Millions	Sep. 30, 2023		Dec. 31, 2022
Assets	$ 41,719	[1]	$ 41,266
Cash and cash equivalents	$ 3,861	[1]	$ 1,353
Preferred Stock, Par Value	$ 0.0001		$ 0.0001
Preferred Stock, Shares Authorized	5,000,000		5,000,000
Preferred Stock, Shares Issued	0		0
Common Stock, Par Value Per Share	$ 0.003		$ 0.003
Common stock, Shares Authorized	480,000,000		480,000,000
Common Stock, Shares, Issued	277,800,000		276,700,000
Restricted cash and cash equivalents	$ 422	[1]	$ 1,134
Treasury Stock
Treasury Stock, Common	39,000,000		31,200,000
CQP [Member]
Assets	$ 17,764		$ 18,905
Liabilities	18,978		21,664
Cash and cash equivalents	499		904
Restricted cash and cash equivalents	$ 35		$ 92

[1] Amounts presented include balances held by our consolidated variable interest entity ( “VIE” ), CQP, as further discussed in Note 7—Non-controlling Interest and Variable Interest Entity . As of September 30, 2023, total assets and liabilities of CQP were $17.8 billion and $19.0 billion, respectively, including $499 million of cash and cash equivalents and $35 million of restricted cash and cash equivalents.

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity - USD ($) shares in Thousands, $ in Millions	Total	$0.33 per Common Share	$0.395 per Common Share	Common Stock	Treasury Stock	Additional Paid-in Capital	Accumulated Income (Deficit)	Accumulated Income (Deficit) $0.33 per Common Share	Accumulated Income (Deficit) $0.395 per Common Share	Non-controlling Interest
Common Stock, Shares, Outstanding, Beginning of Period at Dec. 31, 2021				253,600
Treasury Stock, Shares, Beginning of Period at Dec. 31, 2021					21,600
Stockholders' Equity, Beginning of Period at Dec. 31, 2021	$ (33)			$ 1	$ (928)	$ 4,377	$ (6,021)			$ 2,538
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Vesting of share-based compensation awards, shares				1,300	0
Vesting of share-based compensation awards	0			$ 0	$ 0	0	0			0
Share-based compensation	38			$ 0	$ 0	38	0			0
Shares withheld from employees related to share-based compensation, at cost, shares, common stock				(300)
Shares withheld from employees related to share-based compensation, at cost, shares, treasury shares					300
Shares withheld from employees related to share-based compensation, at cost	(53)			$ 0	$ (35)	(18)	0			0
Shares repurchased, at cost, shares				(200)	200
Shares repurchased, at cost	(25)			$ 0	$ (25)	0	0			0
Reacquisition of equity component of convertible notes, net of tax	(149)			0	0	(153)	4			0
Net income attributable to non-controlling interest	84			0	0	0	0			84
Distributions to non-controlling interest	(171)			0	0	0	0			(171)
Dividends declared	(85)			0	0	0	(85)			0
Net income (loss) attributable to common stockholders	(865)			$ 0	$ 0	0	(865)			0
Common Stock, Shares, Outstanding, End of Period at Mar. 31, 2022				254,400
Treasury Stock, Shares, End of Period at Mar. 31, 2022					22,100
Stockholders' Equity, End of Period at Mar. 31, 2022	(1,259)			$ 1	$ (988)	4,244	(6,967)			2,451
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Common Stock, Dividends, Per Share, Declared				$ 0.33
Common Stock, Shares, Outstanding, Beginning of Period at Dec. 31, 2021				253,600
Treasury Stock, Shares, Beginning of Period at Dec. 31, 2021					21,600
Stockholders' Equity, Beginning of Period at Dec. 31, 2021	$ (33)			$ 1	$ (928)	4,377	(6,021)			2,538
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Shares repurchased, at cost, shares	4,970
Net income attributable to non-controlling interest	$ (3)
Net income (loss) attributable to common stockholders	(2,509)
Common Stock, Shares, Outstanding, End of Period at Sep. 30, 2022				249,900
Treasury Stock, Shares, End of Period at Sep. 30, 2022					26,800
Stockholders' Equity, End of Period at Sep. 30, 2022	$ (4,330)			$ 1	$ (1,609)	4,309	(8,880)			1,849
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Common Stock, Dividends, Per Share, Declared	$ 0.99
Common Stock, Shares, Outstanding, Beginning of Period at Mar. 31, 2022				254,400
Treasury Stock, Shares, Beginning of Period at Mar. 31, 2022					22,100
Stockholders' Equity, Beginning of Period at Mar. 31, 2022	$ (1,259)			$ 1	$ (988)	4,244	(6,967)			2,451
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Vesting of share-based compensation awards, shares				100	0
Vesting of share-based compensation awards	0			$ 0	$ 0	0	0			0
Share-based compensation	34			$ 0	$ 0	34	0			0
Shares withheld from employees related to share-based compensation, at cost, shares, common stock				0
Shares withheld from employees related to share-based compensation, at cost, shares, treasury shares					0
Shares withheld from employees related to share-based compensation, at cost	(2)			$ 0	$ (1)	(1)	0			0
Shares repurchased, at cost, shares				(4,100)	4,100
Shares repurchased, at cost	(540)			$ 0	$ (540)	0	0			0
Net income attributable to non-controlling interest	172			0	0	0	0			172
Distributions to non-controlling interest	(256)			0	0	0	0			(256)
Dividends declared	(85)			0	0	0	(85)			0
Net income (loss) attributable to common stockholders	741			$ 0	$ 0	0	741			0
Common Stock, Shares, Outstanding, End of Period at Jun. 30, 2022				250,400
Treasury Stock, Shares, End of Period at Jun. 30, 2022					26,200
Stockholders' Equity, End of Period at Jun. 30, 2022	(1,195)			$ 1	$ (1,529)	4,277	(6,311)			2,367
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Common Stock, Dividends, Per Share, Declared				$ 0.33
Vesting of share-based compensation awards, shares				100	0
Vesting of share-based compensation awards	0			$ 0	$ 0	0	0			0
Share-based compensation	34			$ 0	$ 0	34	0			0
Shares withheld from employees related to share-based compensation, at cost, shares, common stock				0
Shares withheld from employees related to share-based compensation, at cost, shares, treasury shares					0
Shares withheld from employees related to share-based compensation, at cost	$ (7)			$ 0	$ (5)	(2)	0			0
Shares repurchased, at cost, shares	600			(600)	600
Shares repurchased, at cost	$ (75)			$ 0	$ (75)	0	0			0
Net income attributable to non-controlling interest	(259)			0	0	0	0			(259)
Distributions to non-controlling interest	(259)			0	0	0	0			(259)
Dividends declared		$ (84)	$ (100)	0	0	0		$ (84)	$ (100)	0
Net income (loss) attributable to common stockholders	(2,385)			$ 0	$ 0	0	(2,385)			0
Common Stock, Shares, Outstanding, End of Period at Sep. 30, 2022				249,900
Treasury Stock, Shares, End of Period at Sep. 30, 2022					26,800
Stockholders' Equity, End of Period at Sep. 30, 2022	$ (4,330)			$ 1	$ (1,609)	4,309	(8,880)			1,849
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Common Stock, Dividends, Per Share, Declared	$ 0.33			$ 0.33
Common Stock, Shares, Outstanding, Beginning of Period at Dec. 31, 2022				245,500
Treasury Stock, Shares, Beginning of Period at Dec. 31, 2022					31,200
Stockholders' Equity, Beginning of Period at Dec. 31, 2022	$ (171)			$ 1	$ (2,342)	4,314	(4,942)			2,798
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Vesting of share-based compensation awards, shares				1,000	0
Vesting of share-based compensation awards	0			$ 0	$ 0	0	0			0
Share-based compensation	43			$ 0	$ 0	43	0			0
Shares withheld from employees related to share-based compensation, at cost, shares, common stock				(200)
Shares withheld from employees related to share-based compensation, at cost, shares, treasury shares					200
Shares withheld from employees related to share-based compensation, at cost	(55)			$ 0	$ (26)	(29)	0			0
Shares repurchased, at cost, shares				(3,100)	3,100
Shares repurchased, at cost	(453)			$ 0	$ (453)	0	0			0
Net income attributable to non-controlling interest	1,001			0	0	0	0			1,001
Distributions to non-controlling interest	(261)			0	0	0	0			(261)
Dividends declared	(98)			0	0	0	(98)			0
Net income (loss) attributable to common stockholders	5,434			$ 0	$ 0	0	5,434			0
Common Stock, Shares, Outstanding, End of Period at Mar. 31, 2023				243,200
Treasury Stock, Shares, End of Period at Mar. 31, 2023					34,500
Stockholders' Equity, End of Period at Mar. 31, 2023	5,440			$ 1	$ (2,821)	4,328	394			3,538
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Common Stock, Dividends, Per Share, Declared				$ 0.395
Common Stock, Shares, Outstanding, Beginning of Period at Dec. 31, 2022				245,500
Treasury Stock, Shares, Beginning of Period at Dec. 31, 2022					31,200
Stockholders' Equity, Beginning of Period at Dec. 31, 2022	$ (171)			$ 1	$ (2,342)	4,314	(4,942)			2,798
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Shares repurchased, at cost, shares	7,570
Net income attributable to non-controlling interest	$ 1,729
Net income (loss) attributable to common stockholders	8,504
Common Stock, Shares, Outstanding, End of Period at Sep. 30, 2023				238,800
Treasury Stock, Shares, End of Period at Sep. 30, 2023					39,000
Stockholders' Equity, End of Period at Sep. 30, 2023	$ 7,907			$ 1	$ (3,522)	4,394	3,271			3,763
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Common Stock, Dividends, Per Share, Declared	$ 1.185
Common Stock, Shares, Outstanding, Beginning of Period at Mar. 31, 2023				243,200
Treasury Stock, Shares, Beginning of Period at Mar. 31, 2023					34,500
Stockholders' Equity, Beginning of Period at Mar. 31, 2023	$ 5,440			$ 1	$ (2,821)	4,328	394			3,538
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Share-based compensation	36			$ 0	$ 0	36	0			0
Shares withheld from employees related to share-based compensation, at cost, shares, common stock				0
Shares withheld from employees related to share-based compensation, at cost, shares, treasury shares					0
Shares withheld from employees related to share-based compensation, at cost	(1)			$ 0	$ 0	(1)	0			0
Shares repurchased, at cost, shares				(2,300)	2,300
Shares repurchased, at cost	(341)			$ 0	$ (341)	0	0			0
Net income attributable to non-controlling interest	338			0	0	0	0			338
Distributions to non-controlling interest	(252)			0	0	0	0			(252)
Dividends declared	(97)			0	0	0	(97)			0
Net income (loss) attributable to common stockholders	1,369			$ 0	$ 0	0	1,369			0
Common Stock, Shares, Outstanding, End of Period at Jun. 30, 2023				240,900
Treasury Stock, Shares, End of Period at Jun. 30, 2023					36,800
Stockholders' Equity, End of Period at Jun. 30, 2023	6,492			$ 1	$ (3,162)	4,363	1,666			3,624
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Common Stock, Dividends, Per Share, Declared				$ 0.395
Vesting of share-based compensation awards, shares				100	0
Vesting of share-based compensation awards	0			$ 0	$ 0	0	0			0
Share-based compensation	37			$ 0	$ 0	37	0			0
Shares withheld from employees related to share-based compensation, at cost, shares, common stock				0
Shares withheld from employees related to share-based compensation, at cost, shares, treasury shares					0
Shares withheld from employees related to share-based compensation, at cost	$ (6)			$ 0	$ 0	(6)	0			0
Shares repurchased, at cost, shares	2,210			(2,200)	2,200
Shares repurchased, at cost	$ (360)			$ 0	$ (360)	0	0			0
Net income attributable to non-controlling interest	390			0	0	0	0			390
Distributions to non-controlling interest	(251)			0	0	0	0			(251)
Dividends declared	(96)			0	0	0	(96)			0
Net income (loss) attributable to common stockholders	1,701			$ 0	$ 0	0	1,701			0
Common Stock, Shares, Outstanding, End of Period at Sep. 30, 2023				238,800
Treasury Stock, Shares, End of Period at Sep. 30, 2023					39,000
Stockholders' Equity, End of Period at Sep. 30, 2023	$ 7,907			$ 1	$ (3,522)	$ 4,394	$ 3,271			$ 3,763
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Common Stock, Dividends, Per Share, Declared	$ 0.395			$ 0.395

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Cash flows from operating activities
Net income (loss)	$ 10,233	$ (2,512)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Unrealized foreign currency exchange gain, net	(2)	(10)
Depreciation and amortization expense	892	827
Share-based compensation expense	128	115
Amortization of debt issuance costs, premium and discount	34	43
Reduction of right-of-use assets	464	444
Loss (gain) on modification or extinguishment of debt	(15)	43
Total losses (gains) on derivative instruments, net	(6,839)	10,228
Net cash used for settlement of derivative instruments	(96)	(702)
Equity in losses (earnings) of unconsolidated entities	(4)	55
Deferred taxes	2,015	(856)
Other, net	7	11
Changes in operating assets and liabilities:
Trade and other receivables	1,134	(389)
Inventory	422	(426)
Margin deposits	61	498
Contract assets	11	(387)
Other current assets	(24)	57
Accounts payable and accrued liabilities	(1,261)	938
Total deferred revenue	27	91
Total operating lease liabilities	(456)	(460)
Other, net	(33)	(37)
Net cash provided by operating activities	6,698	7,571
Cash flows from investing activities
Property, plant and equipment, net	(1,430)	(1,339)
Investment in equity method investments	(36)	(10)
Other, net	(12)	1
Net cash used in investing activities	(1,478)	(1,348)
Cash flows from financing activities
Proceeds from issuances of debt	1,397	1,015
Redemptions, repayments and repurchases of debt	(2,548)	(4,005)
Debt issuance and other financing costs	(32)	(44)
Debt modification or extinguishment gains (costs)	26	(33)
Distributions to non-controlling interest	(764)	(686)
Payments related to tax withholdings for share-based compensation	(62)	(62)
Repurchase of common stock	(1,132)	(640)
Dividends to stockholders	(291)	(251)
Payments of finance lease liabilities	(20)	(1)
Net cash used in financing activities	(3,426)	(4,707)
Effect of exchange rate changes on cash, cash equivalents and restricted cash and cash equivalents	2	5
Net increase in cash, cash equivalents and restricted cash and cash equivalents	1,796	1,521
Cash, cash equivalents and restricted cash and cash equivalents—beginning of period	2,487	1,817
Cash, cash equivalents and restricted cash and cash equivalents—end of period	$ 4,283	$ 3,338

Consolidated Statements of Ca_2

Consolidated Statements of Cash Flows - Balances per Consolidated Balance Sheets - USD ($) $ in Millions	Sep. 30, 2023		Dec. 31, 2022	Sep. 30, 2022	Dec. 31, 2021
Balances per Consolidated Balance Sheets:
Cash and cash equivalents	$ 3,861	[1]	$ 1,353
Restricted cash and cash equivalents	422	[1]	1,134
Total cash, cash equivalents and restricted cash and cash equivalents	$ 4,283		$ 2,487	$ 3,338	$ 1,817

[1] Amounts presented include balances held by our consolidated variable interest entity ( “VIE” ), CQP, as further discussed in Note 7—Non-controlling Interest and Variable Interest Entity . As of September 30, 2023, total assets and liabilities of CQP were $17.8 billion and $19.0 billion, respectively, including $499 million of cash and cash equivalents and $35 million of restricted cash and cash equivalents.

Nature of Operations and Basis

Nature of Operations and Basis of Presentation	9 Months Ended
Nature of Operations and Basis of Presentation	Sep. 30, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Nature of Operations and Basis of Presentation	NATURE OF OPERATIONS AND BASIS OF PRESENTATION We operate two natural gas liquefaction and export facilities located in Cameron Parish, Louisiana at Sabine Pass and near Corpus Christi, Texas (respectively, the “Sabine Pass LNG Terminal” and “Corpus Christi LNG Terminal” ). CQP owns the Sabine Pass LNG Terminal, which has natural gas liquefaction facilities consisting of six operational Trains, for a total production capacity of approximately 30 mtpa of LNG (the “SPL Project” ). The Sabine Pass LNG Terminal also has operational regasification facilities that include five LNG storage tanks, vaporizers and three marine berths. Additionally, the Sabine Pass LNG Terminal includes a 94-mile pipeline owned by CTPL, a subsidiary of CQP, that interconnects our facilities with a number of large interstate and intrastate pipelines. As of September 30, 2023, we owned 100% of the general partner interest and a 48.6% limited partner interest in CQP. The Corpus Christi LNG Terminal currently has three operational Trains for a total production capacity of approximately 15 mtpa of LNG, three LNG storage tanks and two marine berths. Additionally, we are constructing an expansion of the Corpus Christi LNG Terminal (the “Corpus Christi Stage 3 Project” ) for seven midscale Trains with an expected total production capacity of over 10 mtpa of LNG. Through our subsidiary CCP, we also own a 21.5-mile natural gas supply pipeline that interconnects the Corpus Christi LNG Terminal with several interstate and intrastate natural gas pipelines (the “Corpus Christi Pipeline” and together with the Corpus Christi LNG Terminal and the Corpus Christi Stage 3 Project, the “CCL Project” ). We have increased available liquefaction capacity at the SPL Project and the CCL Project (collectively, the “Liquefaction Projects” ) as a result of debottlenecking and other optimization projects. We hold significant land positions at both the Sabine Pass LNG Terminal and the Corpus Christi LNG Terminal which provide opportunity for further liquefaction capacity expansion. In March 2023, certain of our subsidiaries submitted an application with the FERC under the Natural Gas Act for an expansion adjacent to the CCL Project consisting of two midscale Trains with an expected total production capacity of approximately 3 mtpa of LNG. In May 2023, certain subsidiaries of CQP entered the pre-filing review process with the FERC under the National Environmental Policy Act for an expansion adjacent to the SPL Project with a potential production capacity of up to 20 mtpa of LNG. The development of these sites or other projects, including infrastructure projects in support of natural gas supply and LNG demand, will require, among other things, acceptable commercial and financing arrangements before we make a positive FID. Basis of Presentation The accompanying unaudited Consolidated Financial Statements of Cheniere have been prepared in accordance with GAAP for interim financial information and in accordance with Rule 10-01 of Regulation S-X and reflect all normal recurring adjustments which are, in the opinion of management, necessary for a fair statement of the financial results for the interim periods presented. Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements and should be read in conjunction with the Consolidated Financial Statements and accompanying notes included in our annual report on Form 10-K for the fiscal year ended December 31, 2022 . Results of operations for the three and nine months ended September 30, 2023 are not necessarily indicative of the results of operations that will be realized for the year ending December 31, 2023. Recent Accounting Standards ASU 2020-04 In March 2020, the FASB issued ASU 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting . This guidance primarily provides temporary optional expedients which simplify the accounting for contract modifications to existing contracts as a result of the market transition from LIBOR to alternative reference rates. The temporary optional expedients under the standard became effective March 12, 2020 and will be available until December 31, 2024 following a subsequent amendment to the standard. As further detailed in Note 9—Debt , all of our existing credit facilities include a variable interest rate indexed to SOFR, incorporated through amendments or replacements of previous credit facilities subsequent to the effective date of ASU

Restricted Cash and Cash Equiva

Restricted Cash and Cash Equivalents	9 Months Ended
Restricted Cash and Cash Equivalents	Sep. 30, 2023
Restricted Cash and Cash Equivalents [Abstract]
Restricted Cash and Cash Equivalents	RESTRICTED CASH AND CASH EQUIVALENTS As of September 30, 2023 and December 31, 2022, we had $422 million and $1.1 billion of restricted cash and cash equivalents, respectively, for which the usage or withdrawal of such cash is restricted, primarily to the payment of liabilities related to the Liquefaction Projects, as required under certain debt arrangements.

Trade and Other Receivables, Ne

Trade and Other Receivables, Net of Current Expected Credit Losses	9 Months Ended
	Sep. 30, 2023
Receivables [Abstract]
Trade and Other Receivables, Net of Current Expected Credit Losses	TRADE AND OTHER RECEIVABLES, NET OF CURRENT EXPECTED CREDIT LOSSES Trade and other receivables, net of current expected credit losses consisted of the following (in millions): September 30, December 31, 2023 2022 Trade receivables SPL and CCL $ 418 $ 922 Cheniere Marketing 323 917 Other receivables 70 105 Total trade and other receivables, net of current expected credit losses $ 811 $ 1,944

Inventory

Inventory	9 Months Ended
Inventory	Sep. 30, 2023
Inventory Disclosure [Abstract]
Inventory	INVENTORY Inventory consisted of the following (in millions): September 30, December 31, 2023 2022 LNG in-transit $ 82 $ 356 LNG 90 212 Materials 199 194 Natural gas 27 60 Other 2 4 Total inventory $ 400 $ 826

Property, Plant and Equipment,

Property, Plant and Equipment, Net of Accumulated Depreciation	9 Months Ended
	Sep. 30, 2023
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment, Net of Accumulated Depreciation	PROPERTY, PLANT AND EQUIPMENT, NET OF ACCUMULATED DEPRECIATION Property, plant and equipment, net of accumulated depreciation consisted of the following (in millions): September 30, December 31, 2023 2022 LNG terminal Terminal and interconnecting pipeline facilities $ 33,881 $ 33,815 Site and related costs 461 451 Construction-in-process 2,981 1,685 Accumulated depreciation (5,821) (4,985) Total LNG terminal, net of accumulated depreciation 31,502 30,966 Fixed assets and other Computer and office equipment 36 33 Furniture and fixtures 20 20 Computer software 125 121 Leasehold improvements 69 48 Other 21 20 Accumulated depreciation (202) (191) Total fixed assets and other, net of accumulated depreciation 69 51 Assets under finance leases Marine assets 532 533 Accumulated depreciation (50) (22) Total assets under finance leases, net of accumulated depreciation 482 511 Property, plant and equipment, net of accumulated depreciation $ 32,053 $ 31,528 The following table shows depreciation expense and offsets to LNG terminal costs (in millions): Three Months Ended September 30, Nine Months Ended September 30, 2023 2022 2023 2022 Depreciation expense $ 296 $ 278 $ 887 $ 822 Offsets to LNG terminal costs (1) — — — 204

Derivative Instruments

Derivative Instruments	9 Months Ended
Derivative Instruments	Sep. 30, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments	DERIVATIVE INSTRUMENTS We have entered into the following derivative instruments: • commodity derivatives consisting of natural gas and power supply contracts, including those under our IPM agreements, for the development, commissioning and operation of the Liquefaction Projects and associated economic hedges (collectively, the “Liquefaction Supply Derivatives” ); • LNG derivatives in which we have contractual net settlement and economic hedges on the exposure to the commodity markets in which we have contractual arrangements to purchase or sell physical LNG (collectively, “LNG Trading Derivatives” ); and • foreign currency exchange ( “FX” ) contracts to hedge exposure to currency risk associated with cash flows denominated in currencies other than United States dollar ( “FX Derivatives” ), associated with both LNG Trading Derivatives and operations in countries outside of the United States. We recognize our derivative instruments as either assets or liabilities and measure those instruments at fair value. None of our derivative instruments are designated as cash flow or fair value hedging instruments, and changes in fair value are recorded within our Consolidated Statements of Operations to the extent not utilized for the commissioning process, in which case such changes are capitalized. The following table shows the fair value of our derivative instruments that are required to be measured at fair value on a recurring basis, by the fair value hierarchy levels prescribed by GAAP (in millions): Fair Value Measurements as of September 30, 2023 December 31, 2022 Quoted Prices in Active Markets Significant Other Observable Inputs Significant Unobservable Inputs Total Quoted Prices in Active Markets Significant Other Observable Inputs Significant Unobservable Inputs Total Liquefaction Supply Derivatives asset (liability) $ 19 $ 54 $ (3,216) $ (3,143) $ (66) $ (29) $ (9,924) $ (10,019) LNG Trading Derivatives asset (liability) (29) 7 — (22) 1 (47) — (46) FX Derivatives asset (liability) — 7 — 7 — (28) — (28) We value our Liquefaction Supply Derivatives and LNG Trading Derivatives using a market or option-based approach incorporating present value techniques, as needed, which incorporates observable commodity price curves, when available, and other relevant data. We value our FX Derivatives with a market approach using observable FX rates and other relevant data. The fair value of our Liquefaction Supply Derivatives and LNG Trading Derivatives are predominantly driven by observable and unobservable market commodity prices and, as applicable to our natural gas supply contracts, our assessment of the associated events deriving fair value, including, but not limited to, evaluation of whether the respective market exists from the perspective of market participants as infrastructure is developed. We include a significant portion of our Liquefaction Supply Derivatives as Level 3 within the valuation hierarchy as the fair value is developed through the use of internal models which incorporate significant unobservable inputs. In instances where observable data is unavailable, consideration is given to the assumptions that market participants may use in valuing the asset or liability. To the extent valued using an option pricing model, we consider the future prices of energy units for unobservable periods to be a significant unobservable input to estimated net fair value. In estimating the future prices of energy units, we make judgments about market risk related to liquidity of commodity indices and volatility utilizing available market data. Changes in facts and circumstances or additional information may result in revised estimates and judgments, and actual results may differ from these estimates and judgments. We derive our volatility assumptions based on observed historical settled global LNG market pricing or accepted proxies for global LNG market pricing as well as settled domestic natural gas pricing. Such volatility assumptions also contemplate, as of the balance sheet date, observable forward curve data of such indices, as well as evolving available industry data and independent studies. In developing our volatility assumptions, we acknowledge that the global LNG industry is inherently influenced by events such as unplanned supply constraints, geopolitical incidents, unusual climate events including drought and uncommonly mild, by historical standards, winters and summers, and real or threatened disruptive operational impacts to global energy infrastructure. Our current estimate of volatility does not exclude the impact of otherwise rare events unless we believe market participants would exclude such events on account of their assertion that those events were specific to our company and deemed within our control. The Level 3 fair value measurements of our natural gas positions within our Liquefaction Supply Derivatives could be materially impacted by a significant change in certain natural gas and international LNG prices. The following table includes quantitative information for the unobservable inputs for our Level 3 Liquefaction Supply Derivatives as of September 30, 2023: Net Fair Value Liability (in millions) Valuation Approach Significant Unobservable Input Range of Significant Unobservable Inputs / Weighted Average (1) Liquefaction Supply Derivatives $(3,216) Market approach incorporating present value techniques Henry Hub basis spread $(1.245) - $0.638 / $(0.031) Option pricing model International LNG pricing spread, relative to Henry Hub (2) 83% - 422% / 188% (1) Unobservable inputs were weighted by the relative fair value of the instruments. (2) Spread contemplates U.S. dollar-denominated pricing. Increases or decreases in basis or pricing spreads, in isolation, would decrease or increase, respectively, the fair value of our Liquefaction Supply Derivatives. The following table shows the changes in the fair value of our Level 3 Liquefaction Supply Derivatives and LNG Trading Derivatives (in millions): Three Months Ended September 30, Nine Months Ended September 30, 2023 2022 2023 2022 Balance, beginning of period $ (4,611) $ (8,462) $ (9,924) $ (4,036) Realized and change in fair value gains (losses) included in net income (loss) (1): Included in cost of sales, existing deals (2) 1,197 (5,668) 5,350 (8,825) Included in cost of sales, new deals (3) 8 — 26 — Purchases and settlements: Purchases (4) — 4 — (1,390) Settlements (5) 187 322 1,323 446 Transfers out of level 3 (6) 3 (1) 9 — Balance, end of period $ (3,216) $ (13,805) $ (3,216) $ (13,805) Favorable (unfavorable) changes in fair value relating to instruments still held at the end of the period $ 1,205 $ (5,668) $ 5,376 $ (8,825) (1) Does not include the realized value associated with derivative instruments that settle through physical delivery, as settlement is equal to contractually fixed price from trade date multiplied by contractual volume. See settlements line item in this table. (2) Impact to earnings on deals that existed at the beginning of the period and continue to exist at the end of the period. (3) Impact to earnings on deals that were entered into during the reporting period and continue to exist at the end of the period. (4) Includes any day one gain (loss) recognized during the reporting period on deals that were entered into during the reporting period which continue to exist at the end of the period, in addition to any derivative contracts acquired from entities at a value other than zero on acquisition date, such as derivatives assigned or novated during the reporting period and continuing to exist at the end of the period. (5) Roll-off in the current period of amounts recognized in our Consolidated Balance Sheets at the end of the previous period due to settlement of the underlying instruments in the current period. (6) Transferred out of Level 3 as a result of observable market for the underlying natural gas purchase agreements. All existing counterparty derivative contracts provide for the unconditional right of set-off in the event of default. We have elected to report derivative assets and liabilities arising from those derivative contracts with the same counterparty and the unconditional contractual right of set-off on a net basis. The use of derivative instruments exposes us to counterparty credit risk, or the risk that a counterparty will be unable to meet its commitments, in instances when our derivative instruments are in an asset position. Additionally, counterparties are at risk that we will be unable to meet our commitments in instances where our derivative instruments are in a liability position. We incorporate both our own nonperformance risk and the respective counterparty’s nonperformance risk in fair value measurements depending on the position of the derivative. In adjusting the fair value of our derivative contracts for the effect of nonperformance risk, we have considered the impact of any applicable credit enhancements, such as collateral postings, set-off rights and guarantees. Commodity Derivatives SPL and CCL hold Liquefaction Supply Derivatives which are primarily indexed to the natural gas market and international LNG indices. The firm terms of the Liquefaction Supply Derivatives range up to approximately 15 years, some of which commence upon the satisfaction of certain events or states of affairs. Cheniere Marketing has historically entered into, and may from time to time enter into, LNG transactions that provide for contractual net settlement. Such transactions are accounted for as LNG Trading Derivatives along with financial commodity contracts in the form of swaps or futures. The terms of LNG Trading Derivatives range up to approximately one year. The following table shows the notional amounts of our Liquefaction Supply Derivatives and LNG Trading Derivatives (collectively, “Commodity Derivatives” ): September 30, 2023 December 31, 2022 Liquefaction Supply Derivatives (1) LNG Trading Derivatives Liquefaction Supply Derivatives LNG Trading Derivatives Notional amount, net (in TBtu) 13,542 6 14,504 50 (1) Excludes notional amounts associated with extension options that were uncertain to be taken as of September 30, 2023. The following table shows the effect and location of our Commodity Derivatives recorded on our Consolidated Statements of Operations (in millions): Gain (Loss) Recognized in Consolidated Statements of Operations Consolidated Statements of Operations Location (1) Three Months Ended September 30, Nine Months Ended September 30, 2023 2022 2023 2022 LNG Trading Derivatives LNG revenues $ 19 $ (237) $ 34 $ (454) LNG Trading Derivatives Recovery (cost) of sales (8) (4) (95) 103 Liquefaction Supply Derivatives (2) LNG revenues 1 (3) (5) 8 Liquefaction Supply Derivatives (2) Recovery (cost) of sales 1,403 (5,508) 6,900 (10,008) (1) Fair value fluctuations associated with commodity derivative activities are classified and presented consistently with the item economically hedged and the nature and intent of the derivative instrument. (2) Does not include the realized value associated with Liquefaction Supply Derivatives that settle through physical delivery. FX Derivatives Cheniere Marketing holds FX Derivatives to protect against the volatility in future cash flows attributable to changes in international currency exchange rates. The FX Derivatives are executed primarily to economically hedge the foreign currency exposure arising from cash flows expended for both physical and financial LNG transactions that are denominated in a currency other than the United States dollar. The terms of FX Derivatives range up to approximately one year. The total notional amount of our FX Derivatives was $266 million and $619 million as of September 30, 2023 and December 31, 2022, respectively. The following table shows the effect and location of our FX Derivatives recorded on our Consolidated Statements of Operations (in millions): Gain Recognized in Consolidated Statements of Operations Consolidated Statements of Operations Location Three Months Ended September 30, Nine Months Ended September 30, 2023 2022 2023 2022 FX Derivatives LNG revenues $ 13 $ 54 $ 5 $ 121 Fair Value and Location of Derivative Assets and Liabilities on the Consolidated Balance Sheets The following table shows the fair value and location of our derivative instruments on our Consolidated Balance Sheets (in millions): September 30, 2023 Liquefaction Supply Derivatives (1) LNG Trading Derivatives (2) FX Derivatives Total Consolidated Balance Sheets Location Current derivative assets $ 62 $ 23 $ 10 $ 95 Derivative assets 620 — — 620 Total derivative assets 682 23 10 715 Current derivative liabilities (943) (45) (3) (991) Derivative liabilities (2,882) — — (2,882) Total derivative liabilities (3,825) (45) (3) (3,873) Derivative asset (liability), net $ (3,143) $ (22) $ 7 $ (3,158) December 31, 2022 Liquefaction Supply Derivatives (1) LNG Trading Derivatives (2) FX Derivatives Total Consolidated Balance Sheets Location Current derivative assets $ 36 $ 84 $ — $ 120 Derivative assets 35 — — 35 Total derivative assets 71 84 — 155 Current derivative liabilities (2,143) (130) (28) (2,301) Derivative liabilities (7,947) — — (7,947) Total derivative liabilities (10,090) (130) (28) (10,248) Derivative liability, net $ (10,019) $ (46) $ (28) $ (10,093) (1) Does not include collateral posted with counterparties by us of $1 million and $111 million as of September 30, 2023 and December 31, 2022, respectively, which are included in margin deposits on our Consolidated Balance Sheets, and collateral posted by counterparties to us of $1 million and zero as of September 30, 2023 and December 31, 2022, respectively, which are included in other current liabilities on our Consolidated Balance Sheets. (2) Does not include collateral posted with counterparties by us of $72 million and $23 million, as of September 30, 2023 and December 31, 2022, respectively, which are included in margin deposits on our Consolidated Balance Sheets. Consolidated Balance Sheets Presentation The following table shows the fair value of our derivatives outstanding on a gross and net basis (in millions) for our derivative instruments that are presented on a net basis on our Consolidated Balance Sheets: Liquefaction Supply Derivatives LNG Trading Derivatives FX Derivatives As of September 30, 2023 Gross assets $ 1,161 $ 23 $ 10 Offsetting amounts (479) — — Net assets (1) $ 682 $ 23 $ 10 Gross liabilities $ (3,911) $ (51) $ (3) Offsetting amounts 86 6 — Net liabilities (2) $ (3,825) $ (45) $ (3) As of December 31, 2022 Gross assets $ 76 $ 87 $ — Offsetting amounts (5) (3) — Net assets (1) $ 71 $ 84 $ — Gross liabilities $ (10,436) $ (132) $ (29) Offsetting amounts 346 2 1 Net liabilities (2) $ (10,090) $ (130) $ (28) (1) Includes current and non-current derivative assets of $95 million and $620 million, respectively, as of September 30, 2023 and $120 million and $35 million, respectively, as of December 31, 2022. (2) Includes current and non-current derivative liabilities of $991 million and $2,882 million, respectively, as of September 30, 2023 and $2,301 million and $7,947 million, respectively, as of December 31, 2022.

Non-Controlling Interest and Va

Non-Controlling Interest and Variable Interest Entity	9 Months Ended
Non-Controlling Interest and Variable Interest Entity	Sep. 30, 2023
Noncontrolling Interest and Variable Interest Entity [Abstract]
Non-Controlling Interest and Variable Interest Entity	NON-CONTROLLING INTEREST AND VARIABLE INTEREST ENTITY CQP is accounted for as a consolidated VIE. We own a 48.6% limited partner interest in CQP in the form of 239.9 million common units, with the remaining non-controlling limited partner interest held by Blackstone Inc., Brookfield Asset Management Inc. and the public. We also own 100% of the general partner interest and the incentive distribution rights in CQP. The following table presents the summarized consolidated assets and liabilities (in millions) of CQP, which are included in our Consolidated Balance Sheets. The assets in the table below may only be used to settle obligations of CQP. In addition, there is no recourse to us for the consolidated VIE’s liabilities. The assets and liabilities in the table below include third party assets and liabilities of CQP only and exclude intercompany balances between CQP and Cheniere that eliminate in the Consolidated Financial Statements of Cheniere. September 30, December 31, 2023 2022 ASSETS Current assets Cash and cash equivalents $ 499 $ 904 Restricted cash and cash equivalents 35 92 Trade and other receivables, net of current expected credit losses 287 627 Other current assets 225 269 Total current assets 1,046 1,892 Property, plant and equipment, net of accumulated depreciation 16,341 16,725 Other non-current assets, net 377 288 Total assets $ 17,764 $ 18,905 LIABILITIES Current liabilities Accrued liabilities $ 646 $ 1,384 Current debt, net of discount and debt issuance costs 349 — Current derivative liabilities 294 769 Other current liabilities 217 191 Total current liabilities 1,506 2,344 Long-term debt, net of premium, discount and debt issuance costs 15,600 16,198 Derivative liabilities 1,731 3,024 Other non-current liabilities 141 98 Total liabilities $ 18,978 $ 21,664

Accrued Liabilities

Accrued Liabilities	9 Months Ended
Accrued Liabilities	Sep. 30, 2023
Accrued Liabilities, Current [Abstract]
Accrued Liabilities	ACCRUED LIABILITIES Accrued liabilities consisted of the following (in millions): September 30, December 31, 2023 2022 Natural gas purchases $ 607 $ 1,621 Interest costs and related debt fees 260 383 LNG terminals and related pipeline costs 244 240 Compensation and benefits 118 245 LNG purchases 22 88 Other accrued liabilities 182 102 Total accrued liabilities $ 1,433 $ 2,679

Debt

Debt	9 Months Ended
Debt	Sep. 30, 2023
Debt Disclosure [Abstract]
Debt	DEBT Debt consisted of the following (in millions): September 30, December 31, 2023 2022 SPL: Senior Secured Notes: 5.75% due 2024 (the “2024 SPL Senior Notes” ) $ 350 $ 2,000 5.625% due 2025 2,000 2,000 5.875% due 2026 1,500 1,500 5.00% due 2027 1,500 1,500 4.200% due 2028 1,350 1,350 4.500% due 2030 2,000 2,000 4.746% weighted average rate due 2037 1,782 1,782 Total SPL Senior Secured Notes 10,482 12,132 Working capital revolving credit and letter of credit reimbursement agreement (the “SPL Working Capital Facility” ) — — Revolving credit and guaranty agreement (the “SPL Revolving Credit Facility” ) — — Total debt - SPL 10,482 12,132 CQP: Senior Notes: 4.500% due 2029 1,500 1,500 4.000% due 2031 1,500 1,500 3.25% due 2032 1,200 1,200 5.95% due 2033 (the “2033 CQP Senior Notes” ) 1,400 — Total CQP Senior Notes 5,600 4,200 Credit facilities (the “CQP Credit Facilities” ) — — Revolving credit and guaranty agreement (the “CQP Revolving Credit Facility” ) — — Total debt - CQP 5,600 4,200 CCH: Senior Secured Notes: 7.000% due 2024 (the “2024 CCH Senior Notes” ) — 498 5.875% due 2025 1,491 1,491 5.125% due 2027 1,201 1,271 3.700% due 2029 1,125 1,361 3.788% weighted average rate due 2039 2,539 2,633 Total CCH Senior Secured Notes 6,356 7,254 Term loan facility agreement (the “CCH Credit Facility” ) — — Working capital facility agreement (the “CCH Working Capital Facility” ) (1) — — Total debt - CCH 6,356 7,254 Cheniere: 4.625% Senior Notes due 2028 1,500 1,500 Revolving credit agreement (the “Cheniere Revolving Credit Facility” ) — — Total debt - Cheniere 1,500 1,500 Total debt 23,938 25,086 Current debt, net of discount and debt issuance costs (349) (813) Long-term portion of unamortized discount and debt issuance costs, net (200) (218) Total long-term debt, net of discount and debt issuance costs $ 23,389 $ 24,055 (1) The CCH Working Capital Facility is classified as short-term debt as we are required to reduce the aggregate outstanding principal amount to zero for a period of five consecutive business days at least once each year. Credit Facilities Below is a summary of our committed credit facilities outstanding as of September 30, 2023 (in millions): SPL Revolving Credit Facility (1) CQP Revolving Credit Facility (1) CCH Credit Facility CCH Working Capital Facility Cheniere Revolving Credit Facility (2) Total facility size $ 1,000 $ 1,000 $ 3,260 $ 1,500 $ 1,250 Less: Outstanding balance — — — — — Letters of credit issued 284 — — 155 — Available commitment $ 716 $ 1,000 $ 3,260 $ 1,345 $ 1,250 Priority ranking Senior secured Senior unsecured Senior secured Senior secured Unsecured Interest rate on available balance (3) SOFR plus credit spread adjustment of 0.1%, plus margin of 1.0% - 1.75% or base rate plus 0.0% - 0.75% SOFR plus credit spread adjustment of 0.1%, plus margin of 1.125% - 2.0% or base rate plus 0.125% - 1.0% SOFR plus credit spread adjustment of 0.1%, plus margin of 1.5% or base rate plus 0.5% SOFR plus credit spread adjustment of 0.1%, plus margin of 1.0% - 1.5% or base rate plus 0.0% - 0.5% SOFR plus credit spread adjustment of 0.1%, plus margin of 1.075% - 2.20% or base rate plus 0.115% - 0.365% Commitment fees on undrawn balance (3) 0.075% - 0.30% 0.10% - 0.30% 0.525% 0.10% - 0.20% 0.115% - 0.365% (4) Maturity date June 23, 2028 June 23, 2028 (5) June 15, 2027 October 28, 2026 (1) In June 2023, CQP and SPL refinanced and replaced the CQP Credit Facilities and the SPL Working Capital Facility with the CQP Revolving Credit Facility and the SPL Revolving Credit Facility, respectively, resulting in extended maturity dates, revised borrowing capacities, reduced rate of interest and commitment fees applicable thereunder and certain other changes to terms and conditions. (2) In June 2023, we amended the Cheniere Revolving Credit Facility to update the indexed interest rate to SOFR. (3) The margin on the interest rate and the commitment fees is subject to change based on the applicable entity’s credit rating. (4) In April 2023, the commitment fees for the Cheniere Revolving Credit Facility were reduced as a result of achieving certain ESG metrics. (5) The CCH Credit Facility matures the earlier of June 15, 2029 or two years after the substantial completion of the last Train of the Corpus Christi Stage 3 Project. Restrictive Debt Covenants The indentures governing our senior notes and other agreements underlying our debt contain customary terms and events of default and certain covenants that, among other things, may limit us, our subsidiaries’ and its restricted subsidiaries’ ability to make certain investments or pay dividends or distributions. SPL and CCH are restricted from making distributions under agreements governing their respective indebtedness generally until, among other requirements, appropriate reserves have been established for debt service using cash or letters of credit and a historical debt service coverage ratio and projected debt service coverage ratio of at least 1.25:1.00 is satisfied. As of September 30, 2023, each of our issuers was in compliance with all covenants related to their respective debt agreements. Interest Expense Total interest expense, net of capitalized interest, consisted of the following (in millions): Three Months Ended September 30, Nine Months Ended September 30, 2023 2022 2023 2022 Total interest cost $ 316 $ 376 $ 956 $ 1,118 Capitalized interest (33) (22) (85) (58) Total interest expense, net of capitalized interest $ 283 $ 354 $ 871 $ 1,060 Fair Value Disclosures The following table shows the carrying amount and estimated fair value of our senior notes (in millions): September 30, 2023 December 31, 2022 Carrying Estimated Carrying Estimated Senior notes $ 23,938 $ 22,052 $ 25,086 $ 23,500 (1) As of September 30, 2023 and December 31, 2022, $2.8 billion and $3.0 billion, respectively, of the fair value of our senior notes were classified as Level 3 since these senior notes were valued by applying an unobservable illiquidity adjustment to the price derived from trades or indicative bids of instruments with similar terms, maturities and credit standing. The remainder of our senior notes are classified as Level 2, based on prices derived from trades or indicative bids of the instruments. The estimated fair value of our credit facilities approximates the principal amount outstanding because the interest rates are variable and reflective of market rates and the debt may be repaid, in full or in part, at any time without penalty.

Leases

Leases	9 Months Ended
Leases	Sep. 30, 2023
Leases [Abstract]
Leases	LEASES Our leased assets consist primarily of LNG vessels leased under time charters ( “vessel charters” ) and additionally include tug vessels, office space and facilities and land sites. All of our leases are classified as operating leases except for certain of our vessel charters, tug vessels and equipment, which are classified as finance leases. The following table shows the classification and location of our right-of-use assets and lease liabilities on our Consolidated Balance Sheets (in millions): September 30, December 31, Consolidated Balance Sheets Location 2023 2022 Right-of-use assets—Operating Operating lease assets $ 2,549 $ 2,625 Right-of-use assets—Financing Property, plant and equipment, net of accumulated depreciation 482 511 Total right-of-use assets $ 3,031 $ 3,136 Current operating lease liabilities Current operating lease liabilities $ 612 $ 616 Current finance lease liabilities Other current liabilities 35 28 Non-current operating lease liabilities Operating lease liabilities 1,907 1,971 Non-current finance lease liabilities Finance lease liabilities 476 494 Total lease liabilities $ 3,030 $ 3,109 The following table shows the classification and location of our lease costs on our Consolidated Statements of Operations (in millions): Consolidated Statements of Operations Location Three Months Ended September 30, Nine Months Ended September 30, 2023 2022 2023 2022 Operating lease cost (a) Operating costs and expenses (1) $ 185 $ 213 $ 583 $ 604 Finance lease cost: Amortization of right-of-use assets Depreciation and amortization expense 13 1 37 3 Interest on lease liabilities Interest expense, net of capitalized interest 11 2 27 7 Total lease cost $ 209 $ 216 $ 647 $ 614 (a) Included in operating lease cost: Short-term lease costs $ 6 $ 16 $ 31 $ 80 Variable lease costs 1 7 15 16 (1) Presented in cost (recovery) of sales, operating and maintenance expense or selling, general and administrative expense consistent with the use of the asset under lease. Future annual minimum lease payments for operating and finance leases as of September 30, 2023 are as follows (in millions): Years Ending December 31, Operating Leases Finance Leases 2023 $ 167 $ 17 2024 702 67 2025 583 72 2026 450 75 2027 353 77 Thereafter 687 427 Total lease payments (1) 2,942 735 Less: Interest (423) (224) Present value of lease liabilities $ 2,519 $ 511 (1) Does not include approximately $4.1 billion of legally binding minimum payments primarily for vessel charters executed as of September 30, 2023 that will commence in future periods with fixed minimum lease terms of up to 15 years. The following table shows the weighted-average remaining lease term and the weighted-average discount rate for our operating leases and finance leases: September 30, 2023 December 31, 2022 Operating Leases Finance Leases Operating Leases Finance Leases Weighted-average remaining lease term (in years) 6.0 9.9 5.9 10.6 Weighted-average discount rate (1) 4.5% 7.7% 4.2% 7.8% (1) The weighted average discount rate is impacted by certain finance leases that commenced prior to the adoption of the current leasing standard under GAAP. In accordance with previous accounting guidance, the implied rate is based on the fair value of the underlying assets. The following table includes other quantitative information for our operating and finance leases (in millions): Nine Months Ended September 30, 2023 2022 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 538 $ 524 Operating cash flows from finance leases 26 6 Financing cash flows from finance leases 20 1 Right-of-use assets obtained in exchange for operating lease liabilities 388 1,139 Right-of-use assets obtained in exchange for finance lease liabilities 8 23 LNG Vessel Subcharters We sublease certain LNG vessels under charter to third parties while retaining our existing obligation to the original lessor. All of our sublease arrangements have been assessed as operating leases. The following table shows the sublease income recognized in other revenues on our Consolidated Statements of Operations (in millions): Three Months Ended September 30, Nine Months Ended September 30, 2023 2022 2023 2022 Fixed income $ 96 $ 122 $ 327 $ 188 Variable income 5 12 41 37 Total sublease income $ 101 $ 134 $ 368 $ 225 Future annual minimum sublease payments to be received from LNG vessel subcharters as of September 30, 2023 are as follows (in millions): Years Ending December 31, Sublease Payments 2023 $ 76 2024 120 Thereafter — Total sublease payments $ 196

Revenues

Revenues	9 Months Ended
Revenues	Sep. 30, 2023
Revenue from Contract with Customer [Abstract]
Revenues	REVENUES The following table represents a disaggregation of revenue earned (in millions): Three Months Ended September 30, Nine Months Ended September 30, 2023 2022 2023 2022 Revenues from contracts with customers LNG revenues $ 3,941 $ 8,422 $ 14,950 $ 23,774 Regasification revenues 34 455 101 591 Other revenues 50 27 120 78 Total revenues from contracts with customers 4,025 8,904 15,171 24,443 Net derivative gain (loss) (1) 33 (186) 34 (325) Other (2) 101 134 366 225 Total revenues $ 4,159 $ 8,852 $ 15,571 $ 24,343 (1) See Note 6—Derivative Instruments for additional information about our derivatives. (2) Includes revenues from LNG vessel subcharters. See Note 10—Leases for additional information about our subleases. Termination Agreement with Chevron In June 2022, Chevron U.S.A. ( “Chevron” ) entered into an agreement with SPLNG providing for the early termination of the TUA and an associated terminal marine services agreement between the parties and their affiliates (the “Termination Agreement” ), effective July 2022, for a lump sum fee of $765 million (the “Termination Fee” ). Obligations pursuant to the TUA and associated agreement, including Chevron’s obligation to pay SPLNG capacity payments totaling $125 million Contract Assets and Liabilities The following table shows our contract assets, net of current expected credit losses, which are classified as other current assets, net and other non-current assets, net on our Consolidated Balance Sheets (in millions): September 30, December 31, 2023 2022 Contract assets, net of current expected credit losses $ 218 $ 186 The following table reflects the changes in our contract liabilities, which we classify as deferred revenue and other non-current liabilities on our Consolidated Balance Sheets (in millions): Nine Months Ended September 30, 2023 Deferred revenue, beginning of period $ 320 Cash received but not yet recognized in revenue 345 Revenue recognized from prior period deferral (320) Deferred revenue, end of period $ 345 Transaction Price Allocated to Future Performance Obligations Because many of our sales contracts have long-term durations, we are contractually entitled to significant future consideration which we have not yet recognized as revenue. The following table discloses the aggregate amount of the transaction price that is allocated to performance obligations that have not yet been satisfied: September 30, 2023 December 31, 2022 Unsatisfied Transaction Price (in billions) Weighted Average Recognition Timing (years) (1) Unsatisfied Transaction Price (in billions) Weighted Average Recognition Timing (years) (1) LNG revenues $ 112.5 9 $ 112.0 9 Regasification revenues 0.7 3 0.8 4 Total revenues $ 113.2 $ 112.8 (1) The weighted average recognition timing represents an estimate of the number of years during which we shall have recognized half of the unsatisfied transaction price. We have elected the following exemptions which omit certain potential future sources of revenue from the table above: (1) We omit from the table above all performance obligations that are part of a contract that has an original expected duration of one year or less. (2) The table above excludes substantially all variable consideration under our SPAs and TUAs. We omit from the table above all variable consideration that is allocated entirely to a wholly unsatisfied performance obligation or to a wholly unsatisfied promise to transfer a distinct good or service that forms part of a single performance obligation when that performance obligation qualifies as a series. The amount of revenue from variable fees that is not included in the transaction price will vary based on the future prices of the underlying variable index, primarily Henry Hub, throughout the contract terms, to the extent customers elect to take delivery of their LNG, and adjustments to the consumer price index. Certain of our contracts contain additional variable consideration based on the outcome of contingent events and the movement of various indexes. We have not included such variable consideration in the transaction price to the extent the consideration is considered constrained due to the uncertainty of ultimate pricing and receipt. Additionally, we have excluded variable consideration related to volumes that contractually are subject to additional liquefaction capacity beyond what is currently in construction or operation. The following table summarizes the amount of variable consideration earned under contracts with customers included in the table above: Three Months Ended September 30, Nine Months Ended September 30, 2023 2022 2023 2022 LNG revenues 63 % 76 % 71 % 72 % Regasification revenues 7 % 1 % 7 % 2 %

Related Party Transactions

Related Party Transactions	9 Months Ended
Related Party Transactions	Sep. 30, 2023
Related Party Transactions [Abstract]
Related Party Transactions	RELATED PARTY TRANSACTIONS Below is a summary of our related party transactions, all in the ordinary course of business, as reported on our Consolidated Statements of Operations (in millions): Three Months Ended September 30, Nine Months Ended September 30, 2023 2022 2023 2022 LNG Revenues Natural Gas Transportation and Storage Agreements with a related party through Brookfield Asset Management, Inc. ( “Brookfield” ) (1) $ — $ — $ — $ 4 Other revenues Operating Agreement and Construction Management Agreement with Midship Pipeline Company, LLC ( “Midship Pipeline” ) (2) 2 3 7 5 Cost of sales Natural Gas Transportation and Storage Agreements with a related party through Brookfield (1) — — — 1 Operating and maintenance expense Natural Gas Transportation and Storage Agreements with Midship Pipeline (2) 5 — 9 — Natural Gas Transportation and Storage Agreements with a related party through Brookfield (1) 14 18 44 45 (1) This related party is partially owned by Brookfield, who indirectly owns a portion of CQP’s limited partner interests. (2) Midship Pipeline is a subsidiary of Midship Holdings, LLC, which we recognize as an equity method investment. Below is a summary of our related party balances, all in the ordinary course of business, as reported on our Consolidated Balance Sheets (in millions): September 30, December 31, 2023 2022 Trade and other receivables, net of current expected credit losses $ 2 $ 1 Accrued liabilities 6 1

Income Taxes

Income Taxes	9 Months Ended
Income Taxes	Sep. 30, 2023
Income Tax Disclosure [Abstract]
Income Taxes	INCOME TAXES We recorded an income tax provision of $440 million and $2.1 billion during the three and nine months ended September 30, 2023, respectively, which was calculated using the annual effective tax rate method. We recorded an income tax benefit of $752 million and $762 million during the three and nine months ended September 30, 2022, which was calculated using the year-to-date effective tax rate method. Our effective tax rate was 17.4% and 17.2% for the three and nine months ended September 30, 2023, respectively, and 22.1% and 23.3% for the three and nine months ended September 30, 2022, respectively. The effective tax rate for the three and nine months ended September 30, 2023 represents a tax provision and was lower than the statutory rate of 21% primarily due to CQP’s income that is not taxable to us. The effective tax rate for the three and nine months ended September 30, 2022 represents a tax benefit and was higher than the statutory rate of 21% primarily due to the foreign derived intangible income ( “FDII” ) deduction, which results in income from our sales to foreign customers being taxed at a lower effective tax rate. The year-to-date effective tax rate method was used for the three and nine months ended September 30, 2022 because a relatively small change in estimated ordinary income or loss caused significant changes to the estimated annual effective tax rate such that the annual effective tax rate did not provide a reliable estimate. In August 2022, President Biden signed into U.S. federal law the Inflation Reduction Act which, among other things, introduced a new 15% corporate alternative minimum tax ( “CAMT” ), effective in 2023, that is based on 15% of an applicable corporation’s adjusted financial statement income ( “AFSI” ). A corporation is subject to the CAMT if its average AFSI over three prior years is greater than $1 billion ( “Applicable Corporation” ). We expect to become an Applicable Corporation beginning in 2024, but such timing is dependent on future earnings and the resultant impact of any future regulatory guidance issued by the U.S. Department of the Treasury and the Internal Revenue Service. The CAMT may accelerate and cause volatility in our cash tax payment obligations, particularly in periods of significant commodity, currency or financial market variability resulting in potential changes in the fair value of our derivative instruments.

Net Income (Loss) Per Share Att

Net Income (Loss) Per Share Attributable to Common Stockholders	9 Months Ended
	Sep. 30, 2023
Earnings Per Share [Abstract]
Net Income (Loss) Per Share Attributable to Common Stockholders	NET INCOME (LOSS) PER SHARE ATTRIBUTABLE TO COMMON STOCKHOLDERS The following table reconciles basic and diluted weighted average common shares outstanding and common stock dividends declared (in millions, except per share data): Three Months Ended September 30, Nine Months Ended September 30, 2023 2022 2023 2022 Net income (loss) attributable to common stockholders $ 1,701 $ (2,385) $ 8,504 $ (2,509) Weighted average common shares outstanding: Basic 240.2 249.9 242.1 252.5 Dilutive unvested stock 1.8 — 1.8 — Diluted 242.0 249.9 243.9 252.5 Net income (loss) per share attributable to common stockholders—basic (1) $ 7.08 $ (9.54) $ 35.12 $ (9.94) Net income (loss) per share attributable to common stockholders—diluted (1) $ 7.03 $ (9.54) $ 34.87 $ (9.94) Dividends paid per common share $ 0.395 $ 0.33 $ 1.185 $ 0.99 (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. On October 30, 2023, we declared a quarterly dividend of $0.435 per share of common stock that is payable on November 17, 2023 to stockholders of record as of the close of business on November 9, 2023. Potentially dilutive securities that were not included in the diluted net income (loss) per share computations because their effects would have been anti-dilutive were as follows (in millions): Three Months Ended September 30, Nine Months Ended September 30, 2023 2022 2023 2022 Unvested stock (1) — 2.5 — 2.3 4.25% Convertible Senior Notes due 2045 (the “2045 Cheniere Convertible Senior Notes” ) (2) — — — 0.2 Total potentially dilutive common shares — 2.5 — 2.5 (1) Includes the impact of unvested shares containing performance conditions to the extent that the underlying performance conditions are satisfied based on actual results as of the respective period end dates. (2) The 2045 Cheniere Convertible Senior Notes were redeemed or converted in cash on January 5, 2022. However, the adoption of ASU 2020-06 on January 1, 2022 required a presumption of share settlement for the purpose of calculating the impact to diluted earnings per share during the period the notes were outstanding in 2022.

Share Repurchase Programs

Share Repurchase Programs	9 Months Ended
Share Repurchase Programs	Sep. 30, 2023
Equity [Abstract]
Share Repurchase Programs	SHARE REPURCHASE PROGRAMS On September 7, 2021, our board of directors (our “Board” ) authorized a reset in the previously existing share repurchase program to $1.0 billion, inclusive of any amounts remaining under the previous authorization as of September 30, 2021, for an additional three years beginning on October 1, 2021. On September 12, 2022, our Board authorized an increase in the existing share repurchase program by $4.0 billion for an additional three years, beginning on October 1, 2022. The following table presents information with respect to common stock repurchased under our share repurchase program (in millions, except per share data): Three Months Ended September 30, Nine Months Ended September 30, 2023 2022 2023 2022 Total shares repurchased 2.21 0.60 7.57 4.97 Weighted average price paid per share $ 161.98 $ 125.34 $ 151.29 $ 128.73 Total cost of repurchases (1) $ 357 $ 75 $ 1,145 $ 640 (1) Amount excludes associated commission fees and excise taxes incurred, which are excluded costs under the repurchase program. As of September 30, 2023, we had approximately $2.5 billion remaining under our share repurchase program.

Customer Concentration

Customer Concentration	9 Months Ended
Customer Concentration	Sep. 30, 2023
Risks and Uncertainties [Abstract]
Customer Concentration	CUSTOMER CONCENTRATION The concentration of our customer credit risk in excess of 10% of total revenues and/or trade and other receivables, net of current expected credit losses and contract assets, net of current expected credit losses was as follows: Percentage of Total Revenues from External Customers Percentage of Trade and Other Receivables, Net and Contract Assets, Net from External Customers Three Months Ended September 30, Nine Months Ended September 30, September 30, December 31, 2023 2022 2023 2022 2023 2022 Customer A * * * * 16% * Customer B * —% * * 12% —% * Less than 10%

Supplemental Cash Flow Informat

Supplemental Cash Flow Information	9 Months Ended
Supplemental Cash Flow Information	Sep. 30, 2023
Supplemental Cash Flow Information [Abstract]
Supplemental Cash Flow Information	SUPPLEMENTAL CASH FLOW INFORMATION The following table provides supplemental disclosure of cash flow information (in millions): Nine Months Ended September 30, 2023 2022 Cash paid during the period for interest on debt, net of amounts capitalized $ 906 $ 891 Cash paid for income taxes, net 85 28 Non-cash investing activity: Unpaid purchases of property, plant and equipment, net 204 217 Share-based compensation capitalized to property, plant and equipment 3 3 Non-cash conveyance of property, plant and equipment — 17 Commitments due to equity method investments 14 — Contribution of other non-current assets in exchange for equity method investment 30 — Non-cash financing activity: Unpaid dividends declared on unvested common stock 3 5 Unpaid repurchases of treasury stock inclusive of excise taxes 22 — See Note 10—Leases for supplemental cash flow information related to our leases.

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Millions	3 Months Ended						9 Months Ended
Pay vs Performance Disclosure - USD ($) $ in Millions	Sep. 30, 2023	Jun. 30, 2023	Mar. 31, 2023	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Sep. 30, 2023	Sep. 30, 2022
Pay vs Performance Disclosure
Net loss attributable to common stockholders	$ 1,701	$ 1,369	$ 5,434	$ (2,385)	$ 741	$ (865)	$ 8,504	$ (2,509)

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
Insider Trading Arrangements	Sep. 30, 2023
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

Nature of Operations and Basi_2

Nature of Operations and Basis of Presentation (Policies)	9 Months Ended
Nature of Operations and Basis of Presentation (Policies)	Sep. 30, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation, Policy	Basis of Presentation The accompanying unaudited Consolidated Financial Statements of Cheniere have been prepared in accordance with GAAP for interim financial information and in accordance with Rule 10-01 of Regulation S-X and reflect all normal recurring adjustments which are, in the opinion of management, necessary for a fair statement of the financial results for the interim periods presented. Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements and should be read in conjunction with the Consolidated Financial Statements and accompanying notes included in our annual report on Form 10-K for the fiscal year ended December 31, 2022 . Results of operations for the three and nine months ended September 30, 2023 are not necessarily indicative of the results of operations that will be realized for the year ending December 31, 2023.
Recent Accounting Standards	Recent Accounting Standards ASU 2020-04 In March 2020, the FASB issued ASU 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting . This guidance primarily provides temporary optional expedients which simplify the accounting for contract modifications to existing contracts as a result of the market transition from LIBOR to alternative reference rates. The temporary optional expedients under the standard became effective March 12, 2020 and will be available until December 31, 2024 following a subsequent amendment to the standard. As further detailed in Note 9—Debt , all of our existing credit facilities include a variable interest rate indexed to SOFR, incorporated through amendments or replacements of previous credit facilities subsequent to the effective date of ASU

Trade and Other Receivables, _2

Trade and Other Receivables, Net of Current Expected Credit Losses (Tables)	9 Months Ended
	Sep. 30, 2023
Receivables [Abstract]
Schedule of Accounts and Other Receivables, Net of Current Expected Credit Losses	Trade and other receivables, net of current expected credit losses consisted of the following (in millions): September 30, December 31, 2023 2022 Trade receivables SPL and CCL $ 418 $ 922 Cheniere Marketing 323 917 Other receivables 70 105 Total trade and other receivables, net of current expected credit losses $ 811 $ 1,944

Inventory (Tables)

Inventory (Tables)	9 Months Ended
Inventory (Tables)	Sep. 30, 2023
Inventory Disclosure [Abstract]
Schedule of Inventory	Inventory consisted of the following (in millions): September 30, December 31, 2023 2022 LNG in-transit $ 82 $ 356 LNG 90 212 Materials 199 194 Natural gas 27 60 Other 2 4 Total inventory $ 400 $ 826

Property, Plant and Equipment_2

Property, Plant and Equipment, Net of Accumulated Depreciation (Tables)	9 Months Ended
	Sep. 30, 2023
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment, Net of Accumulated Depreciation	Property, plant and equipment, net of accumulated depreciation consisted of the following (in millions): September 30, December 31, 2023 2022 LNG terminal Terminal and interconnecting pipeline facilities $ 33,881 $ 33,815 Site and related costs 461 451 Construction-in-process 2,981 1,685 Accumulated depreciation (5,821) (4,985) Total LNG terminal, net of accumulated depreciation 31,502 30,966 Fixed assets and other Computer and office equipment 36 33 Furniture and fixtures 20 20 Computer software 125 121 Leasehold improvements 69 48 Other 21 20 Accumulated depreciation (202) (191) Total fixed assets and other, net of accumulated depreciation 69 51 Assets under finance leases Marine assets 532 533 Accumulated depreciation (50) (22) Total assets under finance leases, net of accumulated depreciation 482 511 Property, plant and equipment, net of accumulated depreciation $ 32,053 $ 31,528
Schedule of Depreciation and Offsets to LNG Terminal Costs	The following table shows depreciation expense and offsets to LNG terminal costs (in millions): Three Months Ended September 30, Nine Months Ended September 30, 2023 2022 2023 2022 Depreciation expense $ 296 $ 278 $ 887 $ 822 Offsets to LNG terminal costs (1) — — — 204

Derivative Instruments (Tables)

Derivative Instruments (Tables)	9 Months Ended
Derivative Instruments (Tables)	Sep. 30, 2023
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Fair Value of Derivative Assets and Liabilities	The following table shows the fair value of our derivative instruments that are required to be measured at fair value on a recurring basis, by the fair value hierarchy levels prescribed by GAAP (in millions): Fair Value Measurements as of September 30, 2023 December 31, 2022 Quoted Prices in Active Markets Significant Other Observable Inputs Significant Unobservable Inputs Total Quoted Prices in Active Markets Significant Other Observable Inputs Significant Unobservable Inputs Total Liquefaction Supply Derivatives asset (liability) $ 19 $ 54 $ (3,216) $ (3,143) $ (66) $ (29) $ (9,924) $ (10,019) LNG Trading Derivatives asset (liability) (29) 7 — (22) 1 (47) — (46) FX Derivatives asset (liability) — 7 — 7 — (28) — (28)
Fair Value Measurement Inputs and Valuation Techniques	The following table includes quantitative information for the unobservable inputs for our Level 3 Liquefaction Supply Derivatives as of September 30, 2023: Net Fair Value Liability (in millions) Valuation Approach Significant Unobservable Input Range of Significant Unobservable Inputs / Weighted Average (1) Liquefaction Supply Derivatives $(3,216) Market approach incorporating present value techniques Henry Hub basis spread $(1.245) - $0.638 / $(0.031) Option pricing model International LNG pricing spread, relative to Henry Hub (2) 83% - 422% / 188% (1) Unobservable inputs were weighted by the relative fair value of the instruments. (2) Spread contemplates U.S. dollar-denominated pricing.
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation	The following table shows the changes in the fair value of our Level 3 Liquefaction Supply Derivatives and LNG Trading Derivatives (in millions): Three Months Ended September 30, Nine Months Ended September 30, 2023 2022 2023 2022 Balance, beginning of period $ (4,611) $ (8,462) $ (9,924) $ (4,036) Realized and change in fair value gains (losses) included in net income (loss) (1): Included in cost of sales, existing deals (2) 1,197 (5,668) 5,350 (8,825) Included in cost of sales, new deals (3) 8 — 26 — Purchases and settlements: Purchases (4) — 4 — (1,390) Settlements (5) 187 322 1,323 446 Transfers out of level 3 (6) 3 (1) 9 — Balance, end of period $ (3,216) $ (13,805) $ (3,216) $ (13,805) Favorable (unfavorable) changes in fair value relating to instruments still held at the end of the period $ 1,205 $ (5,668) $ 5,376 $ (8,825) (1) Does not include the realized value associated with derivative instruments that settle through physical delivery, as settlement is equal to contractually fixed price from trade date multiplied by contractual volume. See settlements line item in this table. (2) Impact to earnings on deals that existed at the beginning of the period and continue to exist at the end of the period. (3) Impact to earnings on deals that were entered into during the reporting period and continue to exist at the end of the period. (4) Includes any day one gain (loss) recognized during the reporting period on deals that were entered into during the reporting period which continue to exist at the end of the period, in addition to any derivative contracts acquired from entities at a value other than zero on acquisition date, such as derivatives assigned or novated during the reporting period and continuing to exist at the end of the period. (5) Roll-off in the current period of amounts recognized in our Consolidated Balance Sheets at the end of the previous period due to settlement of the underlying instruments in the current period. (6) Transferred out of Level 3 as a result of observable market for the underlying natural gas purchase agreements.
Fair Value of Derivative Instruments by Balance Sheet Location	The following table shows the fair value and location of our derivative instruments on our Consolidated Balance Sheets (in millions): September 30, 2023 Liquefaction Supply Derivatives (1) LNG Trading Derivatives (2) FX Derivatives Total Consolidated Balance Sheets Location Current derivative assets $ 62 $ 23 $ 10 $ 95 Derivative assets 620 — — 620 Total derivative assets 682 23 10 715 Current derivative liabilities (943) (45) (3) (991) Derivative liabilities (2,882) — — (2,882) Total derivative liabilities (3,825) (45) (3) (3,873) Derivative asset (liability), net $ (3,143) $ (22) $ 7 $ (3,158) December 31, 2022 Liquefaction Supply Derivatives (1) LNG Trading Derivatives (2) FX Derivatives Total Consolidated Balance Sheets Location Current derivative assets $ 36 $ 84 $ — $ 120 Derivative assets 35 — — 35 Total derivative assets 71 84 — 155 Current derivative liabilities (2,143) (130) (28) (2,301) Derivative liabilities (7,947) — — (7,947) Total derivative liabilities (10,090) (130) (28) (10,248) Derivative liability, net $ (10,019) $ (46) $ (28) $ (10,093) (1) Does not include collateral posted with counterparties by us of $1 million and $111 million as of September 30, 2023 and December 31, 2022, respectively, which are included in margin deposits on our Consolidated Balance Sheets, and collateral posted by counterparties to us of $1 million and zero as of September 30, 2023 and December 31, 2022, respectively, which are included in other current liabilities on our Consolidated Balance Sheets. (2) Does not include collateral posted with counterparties by us of $72 million and $23 million, as of September 30, 2023 and December 31, 2022, respectively, which are included in margin deposits on our Consolidated Balance Sheets.
Derivative Net Presentation on Consolidated Balance Sheets	The following table shows the fair value of our derivatives outstanding on a gross and net basis (in millions) for our derivative instruments that are presented on a net basis on our Consolidated Balance Sheets: Liquefaction Supply Derivatives LNG Trading Derivatives FX Derivatives As of September 30, 2023 Gross assets $ 1,161 $ 23 $ 10 Offsetting amounts (479) — — Net assets (1) $ 682 $ 23 $ 10 Gross liabilities $ (3,911) $ (51) $ (3) Offsetting amounts 86 6 — Net liabilities (2) $ (3,825) $ (45) $ (3) As of December 31, 2022 Gross assets $ 76 $ 87 $ — Offsetting amounts (5) (3) — Net assets (1) $ 71 $ 84 $ — Gross liabilities $ (10,436) $ (132) $ (29) Offsetting amounts 346 2 1 Net liabilities (2) $ (10,090) $ (130) $ (28) (1) Includes current and non-current derivative assets of $95 million and $620 million, respectively, as of September 30, 2023 and $120 million and $35 million, respectively, as of December 31, 2022. (2) Includes current and non-current derivative liabilities of $991 million and $2,882 million, respectively, as of September 30, 2023 and $2,301 million and $7,947 million, respectively, as of December 31, 2022.
Commodity Derivatives [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Schedule of Notional Amounts of Outstanding Derivative Positions	The following table shows the notional amounts of our Liquefaction Supply Derivatives and LNG Trading Derivatives (collectively, “Commodity Derivatives” ): September 30, 2023 December 31, 2022 Liquefaction Supply Derivatives (1) LNG Trading Derivatives Liquefaction Supply Derivatives LNG Trading Derivatives Notional amount, net (in TBtu) 13,542 6 14,504 50 (1) Excludes notional amounts associated with extension options that were uncertain to be taken as of September 30, 2023.
Derivative Instruments, Gain (Loss)	The following table shows the effect and location of our Commodity Derivatives recorded on our Consolidated Statements of Operations (in millions): Gain (Loss) Recognized in Consolidated Statements of Operations Consolidated Statements of Operations Location (1) Three Months Ended September 30, Nine Months Ended September 30, 2023 2022 2023 2022 LNG Trading Derivatives LNG revenues $ 19 $ (237) $ 34 $ (454) LNG Trading Derivatives Recovery (cost) of sales (8) (4) (95) 103 Liquefaction Supply Derivatives (2) LNG revenues 1 (3) (5) 8 Liquefaction Supply Derivatives (2) Recovery (cost) of sales 1,403 (5,508) 6,900 (10,008) (1) Fair value fluctuations associated with commodity derivative activities are classified and presented consistently with the item economically hedged and the nature and intent of the derivative instrument. (2) Does not include the realized value associated with Liquefaction Supply Derivatives that settle through physical delivery.
FX Derivatives [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative Instruments, Gain (Loss)	The following table shows the effect and location of our FX Derivatives recorded on our Consolidated Statements of Operations (in millions): Gain Recognized in Consolidated Statements of Operations Consolidated Statements of Operations Location Three Months Ended September 30, Nine Months Ended September 30, 2023 2022 2023 2022 FX Derivatives LNG revenues $ 13 $ 54 $ 5 $ 121

Non-Controlling Interest and _2

Non-Controlling Interest and Variable Interest Entity (Tables)	9 Months Ended
	Sep. 30, 2023
CQP [Member]
Noncontrolling Interest and Variable Interest Entity [Line Items]
Condensed Balance Sheet of Cheniere Partners	The following table presents the summarized consolidated assets and liabilities (in millions) of CQP, which are included in our Consolidated Balance Sheets. The assets in the table below may only be used to settle obligations of CQP. In addition, there is no recourse to us for the consolidated VIE’s liabilities. The assets and liabilities in the table below include third party assets and liabilities of CQP only and exclude intercompany balances between CQP and Cheniere that eliminate in the Consolidated Financial Statements of Cheniere. September 30, December 31, 2023 2022 ASSETS Current assets Cash and cash equivalents $ 499 $ 904 Restricted cash and cash equivalents 35 92 Trade and other receivables, net of current expected credit losses 287 627 Other current assets 225 269 Total current assets 1,046 1,892 Property, plant and equipment, net of accumulated depreciation 16,341 16,725 Other non-current assets, net 377 288 Total assets $ 17,764 $ 18,905 LIABILITIES Current liabilities Accrued liabilities $ 646 $ 1,384 Current debt, net of discount and debt issuance costs 349 — Current derivative liabilities 294 769 Other current liabilities 217 191 Total current liabilities 1,506 2,344 Long-term debt, net of premium, discount and debt issuance costs 15,600 16,198 Derivative liabilities 1,731 3,024 Other non-current liabilities 141 98 Total liabilities $ 18,978 $ 21,664

Accrued Liabilities (Tables)

Accrued Liabilities (Tables)	9 Months Ended
Accrued Liabilities (Tables)	Sep. 30, 2023
Accrued Liabilities, Current [Abstract]
Schedule of Accrued Liabilities	Accrued liabilities consisted of the following (in millions): September 30, December 31, 2023 2022 Natural gas purchases $ 607 $ 1,621 Interest costs and related debt fees 260 383 LNG terminals and related pipeline costs 244 240 Compensation and benefits 118 245 LNG purchases 22 88 Other accrued liabilities 182 102 Total accrued liabilities $ 1,433 $ 2,679

Debt (Tables)

Debt (Tables)	9 Months Ended
Debt (Tables)	Sep. 30, 2023
Debt Disclosure [Abstract]
Schedule of Debt Instruments	Debt consisted of the following (in millions): September 30, December 31, 2023 2022 SPL: Senior Secured Notes: 5.75% due 2024 (the “2024 SPL Senior Notes” ) $ 350 $ 2,000 5.625% due 2025 2,000 2,000 5.875% due 2026 1,500 1,500 5.00% due 2027 1,500 1,500 4.200% due 2028 1,350 1,350 4.500% due 2030 2,000 2,000 4.746% weighted average rate due 2037 1,782 1,782 Total SPL Senior Secured Notes 10,482 12,132 Working capital revolving credit and letter of credit reimbursement agreement (the “SPL Working Capital Facility” ) — — Revolving credit and guaranty agreement (the “SPL Revolving Credit Facility” ) — — Total debt - SPL 10,482 12,132 CQP: Senior Notes: 4.500% due 2029 1,500 1,500 4.000% due 2031 1,500 1,500 3.25% due 2032 1,200 1,200 5.95% due 2033 (the “2033 CQP Senior Notes” ) 1,400 — Total CQP Senior Notes 5,600 4,200 Credit facilities (the “CQP Credit Facilities” ) — — Revolving credit and guaranty agreement (the “CQP Revolving Credit Facility” ) — — Total debt - CQP 5,600 4,200 CCH: Senior Secured Notes: 7.000% due 2024 (the “2024 CCH Senior Notes” ) — 498 5.875% due 2025 1,491 1,491 5.125% due 2027 1,201 1,271 3.700% due 2029 1,125 1,361 3.788% weighted average rate due 2039 2,539 2,633 Total CCH Senior Secured Notes 6,356 7,254 Term loan facility agreement (the “CCH Credit Facility” ) — — Working capital facility agreement (the “CCH Working Capital Facility” ) (1) — — Total debt - CCH 6,356 7,254 Cheniere: 4.625% Senior Notes due 2028 1,500 1,500 Revolving credit agreement (the “Cheniere Revolving Credit Facility” ) — — Total debt - Cheniere 1,500 1,500 Total debt 23,938 25,086 Current debt, net of discount and debt issuance costs (349) (813) Long-term portion of unamortized discount and debt issuance costs, net (200) (218) Total long-term debt, net of discount and debt issuance costs $ 23,389 $ 24,055 (1) The CCH Working Capital Facility is classified as short-term debt as we are required to reduce the aggregate outstanding principal amount to zero for a period of five consecutive business days at least once each year.
Schedule of Line of Credit Facilities and Delayed Draw Term Loan	Below is a summary of our committed credit facilities outstanding as of September 30, 2023 (in millions): SPL Revolving Credit Facility (1) CQP Revolving Credit Facility (1) CCH Credit Facility CCH Working Capital Facility Cheniere Revolving Credit Facility (2) Total facility size $ 1,000 $ 1,000 $ 3,260 $ 1,500 $ 1,250 Less: Outstanding balance — — — — — Letters of credit issued 284 — — 155 — Available commitment $ 716 $ 1,000 $ 3,260 $ 1,345 $ 1,250 Priority ranking Senior secured Senior unsecured Senior secured Senior secured Unsecured Interest rate on available balance (3) SOFR plus credit spread adjustment of 0.1%, plus margin of 1.0% - 1.75% or base rate plus 0.0% - 0.75% SOFR plus credit spread adjustment of 0.1%, plus margin of 1.125% - 2.0% or base rate plus 0.125% - 1.0% SOFR plus credit spread adjustment of 0.1%, plus margin of 1.5% or base rate plus 0.5% SOFR plus credit spread adjustment of 0.1%, plus margin of 1.0% - 1.5% or base rate plus 0.0% - 0.5% SOFR plus credit spread adjustment of 0.1%, plus margin of 1.075% - 2.20% or base rate plus 0.115% - 0.365% Commitment fees on undrawn balance (3) 0.075% - 0.30% 0.10% - 0.30% 0.525% 0.10% - 0.20% 0.115% - 0.365% (4) Maturity date June 23, 2028 June 23, 2028 (5) June 15, 2027 October 28, 2026 (1) In June 2023, CQP and SPL refinanced and replaced the CQP Credit Facilities and the SPL Working Capital Facility with the CQP Revolving Credit Facility and the SPL Revolving Credit Facility, respectively, resulting in extended maturity dates, revised borrowing capacities, reduced rate of interest and commitment fees applicable thereunder and certain other changes to terms and conditions. (2) In June 2023, we amended the Cheniere Revolving Credit Facility to update the indexed interest rate to SOFR. (3) The margin on the interest rate and the commitment fees is subject to change based on the applicable entity’s credit rating. (4) In April 2023, the commitment fees for the Cheniere Revolving Credit Facility were reduced as a result of achieving certain ESG metrics. (5) The CCH Credit Facility matures the earlier of June 15, 2029 or two years after the substantial completion of the last Train of the Corpus Christi Stage 3 Project.
Schedule of Interest Expense	Total interest expense, net of capitalized interest, consisted of the following (in millions): Three Months Ended September 30, Nine Months Ended September 30, 2023 2022 2023 2022 Total interest cost $ 316 $ 376 $ 956 $ 1,118 Capitalized interest (33) (22) (85) (58) Total interest expense, net of capitalized interest $ 283 $ 354 $ 871 $ 1,060
Schedule of Carrying Values and Estimated Fair Values of Debt Instruments	The following table shows the carrying amount and estimated fair value of our senior notes (in millions): September 30, 2023 December 31, 2022 Carrying Estimated Carrying Estimated Senior notes $ 23,938 $ 22,052 $ 25,086 $ 23,500 (1) As of September 30, 2023 and December 31, 2022, $2.8 billion and $3.0 billion, respectively, of the fair value of our senior notes were classified as Level 3 since these senior notes were valued by applying an unobservable illiquidity adjustment to the price derived from trades or indicative bids of instruments with similar terms, maturities and credit standing. The remainder of our senior notes are classified as Level 2, based on prices derived from trades or indicative bids of the instruments.

Leases (Tables)

Leases (Tables)	9 Months Ended
Leases (Tables)	Sep. 30, 2023
Leases [Abstract]
Schedule of Leases, Balance Sheet Location	The following table shows the classification and location of our right-of-use assets and lease liabilities on our Consolidated Balance Sheets (in millions): September 30, December 31, Consolidated Balance Sheets Location 2023 2022 Right-of-use assets—Operating Operating lease assets $ 2,549 $ 2,625 Right-of-use assets—Financing Property, plant and equipment, net of accumulated depreciation 482 511 Total right-of-use assets $ 3,031 $ 3,136 Current operating lease liabilities Current operating lease liabilities $ 612 $ 616 Current finance lease liabilities Other current liabilities 35 28 Non-current operating lease liabilities Operating lease liabilities 1,907 1,971 Non-current finance lease liabilities Finance lease liabilities 476 494 Total lease liabilities $ 3,030 $ 3,109
Schedule of Lease Cost, Income Statement Location	The following table shows the classification and location of our lease costs on our Consolidated Statements of Operations (in millions): Consolidated Statements of Operations Location Three Months Ended September 30, Nine Months Ended September 30, 2023 2022 2023 2022 Operating lease cost (a) Operating costs and expenses (1) $ 185 $ 213 $ 583 $ 604 Finance lease cost: Amortization of right-of-use assets Depreciation and amortization expense 13 1 37 3 Interest on lease liabilities Interest expense, net of capitalized interest 11 2 27 7 Total lease cost $ 209 $ 216 $ 647 $ 614 (a) Included in operating lease cost: Short-term lease costs $ 6 $ 16 $ 31 $ 80 Variable lease costs 1 7 15 16
Schedule of Maturity of Lease Liabilities	Future annual minimum lease payments for operating and finance leases as of September 30, 2023 are as follows (in millions): Years Ending December 31, Operating Leases Finance Leases 2023 $ 167 $ 17 2024 702 67 2025 583 72 2026 450 75 2027 353 77 Thereafter 687 427 Total lease payments (1) 2,942 735 Less: Interest (423) (224) Present value of lease liabilities $ 2,519 $ 511 (1) Does not include approximately $4.1 billion of legally binding minimum payments primarily for vessel charters executed as of September 30, 2023 that will commence in future periods with fixed minimum lease terms of up to 15 years.
Lease, Other Quantitative Information	The following table shows the weighted-average remaining lease term and the weighted-average discount rate for our operating leases and finance leases: September 30, 2023 December 31, 2022 Operating Leases Finance Leases Operating Leases Finance Leases Weighted-average remaining lease term (in years) 6.0 9.9 5.9 10.6 Weighted-average discount rate (1) 4.5% 7.7% 4.2% 7.8% (1) The weighted average discount rate is impacted by certain finance leases that commenced prior to the adoption of the current leasing standard under GAAP. In accordance with previous accounting guidance, the implied rate is based on the fair value of the underlying assets. The following table includes other quantitative information for our operating and finance leases (in millions): Nine Months Ended September 30, 2023 2022 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 538 $ 524 Operating cash flows from finance leases 26 6 Financing cash flows from finance leases 20 1 Right-of-use assets obtained in exchange for operating lease liabilities 388 1,139 Right-of-use assets obtained in exchange for finance lease liabilities 8 23
Schedule of Sublease Income	The following table shows the sublease income recognized in other revenues on our Consolidated Statements of Operations (in millions): Three Months Ended September 30, Nine Months Ended September 30, 2023 2022 2023 2022 Fixed income $ 96 $ 122 $ 327 $ 188 Variable income 5 12 41 37 Total sublease income $ 101 $ 134 $ 368 $ 225
Sublease Payment to be Received, Fiscal Year Maturity	Future annual minimum sublease payments to be received from LNG vessel subcharters as of September 30, 2023 are as follows (in millions): Years Ending December 31, Sublease Payments 2023 $ 76 2024 120 Thereafter — Total sublease payments $ 196

Revenues (Tables)

Revenues (Tables)	9 Months Ended
Revenues (Tables)	Sep. 30, 2023
Revenue from Contract with Customer [Abstract]
Disaggregation of Revenue	The following table represents a disaggregation of revenue earned (in millions): Three Months Ended September 30, Nine Months Ended September 30, 2023 2022 2023 2022 Revenues from contracts with customers LNG revenues $ 3,941 $ 8,422 $ 14,950 $ 23,774 Regasification revenues 34 455 101 591 Other revenues 50 27 120 78 Total revenues from contracts with customers 4,025 8,904 15,171 24,443 Net derivative gain (loss) (1) 33 (186) 34 (325) Other (2) 101 134 366 225 Total revenues $ 4,159 $ 8,852 $ 15,571 $ 24,343 (1) See Note 6—Derivative Instruments for additional information about our derivatives. (2) Includes revenues from LNG vessel subcharters. See Note 10—Leases for additional information about our subleases.
Contract Assets	The following table shows our contract assets, net of current expected credit losses, which are classified as other current assets, net and other non-current assets, net on our Consolidated Balance Sheets (in millions): September 30, December 31, 2023 2022 Contract assets, net of current expected credit losses $ 218 $ 186
Contract Liabilities	The following table reflects the changes in our contract liabilities, which we classify as deferred revenue and other non-current liabilities on our Consolidated Balance Sheets (in millions): Nine Months Ended September 30, 2023 Deferred revenue, beginning of period $ 320 Cash received but not yet recognized in revenue 345 Revenue recognized from prior period deferral (320) Deferred revenue, end of period $ 345
Transaction Price Allocated to Future Performance Obligations	The following table discloses the aggregate amount of the transaction price that is allocated to performance obligations that have not yet been satisfied: September 30, 2023 December 31, 2022 Unsatisfied Transaction Price (in billions) Weighted Average Recognition Timing (years) (1) Unsatisfied Transaction Price (in billions) Weighted Average Recognition Timing (years) (1) LNG revenues $ 112.5 9 $ 112.0 9 Regasification revenues 0.7 3 0.8 4 Total revenues $ 113.2 $ 112.8 (1) The weighted average recognition timing represents an estimate of the number of years during which we shall have recognized half of the unsatisfied transaction price.
Revenue, Remaining Performance Obligation, Variable Consideration	The following table summarizes the amount of variable consideration earned under contracts with customers included in the table above: Three Months Ended September 30, Nine Months Ended September 30, 2023 2022 2023 2022 LNG revenues 63 % 76 % 71 % 72 % Regasification revenues 7 % 1 % 7 % 2 %

Related Party Transactions (Tab

Related Party Transactions (Tables)	9 Months Ended
Related Party Transactions (Tables)	Sep. 30, 2023
Related Party Transactions [Abstract]
Schedule of Related Party Transactions	Below is a summary of our related party transactions, all in the ordinary course of business, as reported on our Consolidated Statements of Operations (in millions): Three Months Ended September 30, Nine Months Ended September 30, 2023 2022 2023 2022 LNG Revenues Natural Gas Transportation and Storage Agreements with a related party through Brookfield Asset Management, Inc. ( “Brookfield” ) (1) $ — $ — $ — $ 4 Other revenues Operating Agreement and Construction Management Agreement with Midship Pipeline Company, LLC ( “Midship Pipeline” ) (2) 2 3 7 5 Cost of sales Natural Gas Transportation and Storage Agreements with a related party through Brookfield (1) — — — 1 Operating and maintenance expense Natural Gas Transportation and Storage Agreements with Midship Pipeline (2) 5 — 9 — Natural Gas Transportation and Storage Agreements with a related party through Brookfield (1) 14 18 44 45 (1) This related party is partially owned by Brookfield, who indirectly owns a portion of CQP’s limited partner interests. (2) Midship Pipeline is a subsidiary of Midship Holdings, LLC, which we recognize as an equity method investment. Below is a summary of our related party balances, all in the ordinary course of business, as reported on our Consolidated Balance Sheets (in millions): September 30, December 31, 2023 2022 Trade and other receivables, net of current expected credit losses $ 2 $ 1 Accrued liabilities 6 1

Net Income (Loss) Per Share A_2

Net Income (Loss) Per Share Attributable to Common Stockholders (Tables)	9 Months Ended
	Sep. 30, 2023
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted	The following table reconciles basic and diluted weighted average common shares outstanding and common stock dividends declared (in millions, except per share data): Three Months Ended September 30, Nine Months Ended September 30, 2023 2022 2023 2022 Net income (loss) attributable to common stockholders $ 1,701 $ (2,385) $ 8,504 $ (2,509) Weighted average common shares outstanding: Basic 240.2 249.9 242.1 252.5 Dilutive unvested stock 1.8 — 1.8 — Diluted 242.0 249.9 243.9 252.5 Net income (loss) per share attributable to common stockholders—basic (1) $ 7.08 $ (9.54) $ 35.12 $ (9.94) Net income (loss) per share attributable to common stockholders—diluted (1) $ 7.03 $ (9.54) $ 34.87 $ (9.94) Dividends paid per common share $ 0.395 $ 0.33 $ 1.185 $ 0.99 (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.
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share	Potentially dilutive securities that were not included in the diluted net income (loss) per share computations because their effects would have been anti-dilutive were as follows (in millions): Three Months Ended September 30, Nine Months Ended September 30, 2023 2022 2023 2022 Unvested stock (1) — 2.5 — 2.3 4.25% Convertible Senior Notes due 2045 (the “2045 Cheniere Convertible Senior Notes” ) (2) — — — 0.2 Total potentially dilutive common shares — 2.5 — 2.5 (1) Includes the impact of unvested shares containing performance conditions to the extent that the underlying performance conditions are satisfied based on actual results as of the respective period end dates. (2) The 2045 Cheniere Convertible Senior Notes were redeemed or converted in cash on January 5, 2022. However, the adoption of ASU 2020-06 on January 1, 2022 required a presumption of share settlement for the purpose of calculating the impact to diluted earnings per share during the period the notes were outstanding in 2022.

Share Repurchase Programs (Tabl

Share Repurchase Programs (Tables)	9 Months Ended
Share Repurchase Programs (Tables)	Sep. 30, 2023
Equity [Abstract]
Schedule of Share Repurchases Under the Share Repurchase Program	The following table presents information with respect to common stock repurchased under our share repurchase program (in millions, except per share data): Three Months Ended September 30, Nine Months Ended September 30, 2023 2022 2023 2022 Total shares repurchased 2.21 0.60 7.57 4.97 Weighted average price paid per share $ 161.98 $ 125.34 $ 151.29 $ 128.73 Total cost of repurchases (1) $ 357 $ 75 $ 1,145 $ 640 (1) Amount excludes associated commission fees and excise taxes incurred, which are excluded costs under the repurchase program.

Customer Concentration (Tables)

Customer Concentration (Tables)	9 Months Ended
Customer Concentration (Tables)	Sep. 30, 2023
Risks and Uncertainties [Abstract]
Schedule of Revenue and Accounts Receivable by Major Customers	The concentration of our customer credit risk in excess of 10% of total revenues and/or trade and other receivables, net of current expected credit losses and contract assets, net of current expected credit losses was as follows: Percentage of Total Revenues from External Customers Percentage of Trade and Other Receivables, Net and Contract Assets, Net from External Customers Three Months Ended September 30, Nine Months Ended September 30, September 30, December 31, 2023 2022 2023 2022 2023 2022 Customer A * * * * 16% * Customer B * —% * * 12% —% * Less than 10%

Supplemental Cash Flow Inform_2

Supplemental Cash Flow Information (Tables)	9 Months Ended
Supplemental Cash Flow Information (Tables)	Sep. 30, 2023
Supplemental Cash Flow Information [Abstract]
Schedule of Cash Flow, Supplemental Disclosures	The following table provides supplemental disclosure of cash flow information (in millions): Nine Months Ended September 30, 2023 2022 Cash paid during the period for interest on debt, net of amounts capitalized $ 906 $ 891 Cash paid for income taxes, net 85 28 Non-cash investing activity: Unpaid purchases of property, plant and equipment, net 204 217 Share-based compensation capitalized to property, plant and equipment 3 3 Non-cash conveyance of property, plant and equipment — 17 Commitments due to equity method investments 14 — Contribution of other non-current assets in exchange for equity method investment 30 — Non-cash financing activity: Unpaid dividends declared on unvested common stock 3 5 Unpaid repurchases of treasury stock inclusive of excise taxes 22 —

Nature of Operations and Basi_3

Nature of Operations and Basis of Presentation (Details)	9 Months Ended
Nature of Operations and Basis of Presentation (Details)	Sep. 30, 2023 unit mi milliontonnes / yr item trains
Organization and Nature of Operations [Line Items]
Number Of Natural Gas Liquefaction And Export Facilities \| unit	2
Sabine Pass LNG Terminal [Member]
Organization and Nature of Operations [Line Items]
Number of Liquefaction LNG Trains Operating \| trains	6
Total Production Capability	30
Number of LNG Storage Tanks \| unit	5
Number of Marine Berths Operating \| item	3
Creole Trail Pipeline [Member]
Organization and Nature of Operations [Line Items]
Length of Natural Gas Pipeline \| mi	94
Corpus Christi LNG Terminal [Member]
Organization and Nature of Operations [Line Items]
Number of Liquefaction LNG Trains Operating \| trains	3
Total Production Capability	15
Number of LNG Storage Tanks \| unit	3
Number of Marine Berths Operating \| item	2
Corpus Christi Stage 3 Project
Organization and Nature of Operations [Line Items]
Number of Liquefaction LNG Trains \| trains	7
Corpus Christi Stage 3 Project \| Minimum [Member]
Organization and Nature of Operations [Line Items]
Total Production Capability	10
Corpus Christi Pipeline [Member]
Organization and Nature of Operations [Line Items]
Length of Natural Gas Pipeline \| mi	21.5
Corpus Christi LNG Terminal Expansion [Member]
Organization and Nature of Operations [Line Items]
Total Production Capability	3
Number of Liquefaction LNG Trains \| trains	2
Sabine Pass LNG Terminal Expansion
Organization and Nature of Operations [Line Items]
Total Production Capability	20
CQP [Member]
Organization and Nature of Operations [Line Items]
General Partner ownership percentage	100%
Limited Partner ownership percentage	48.60%

Restricted Cash and Cash Equi_2

Restricted Cash and Cash Equivalents (Details) - USD ($) $ in Millions	Sep. 30, 2023		Dec. 31, 2022
Restricted Cash and Cash Equivalents Items [Line Items]
Restricted cash and cash equivalents	$ 422	[1]	$ 1,134
SPL Project and CCL Project
Restricted Cash and Cash Equivalents Items [Line Items]
Restricted cash and cash equivalents	$ 422		$ 1,100

[1] Amounts presented include balances held by our consolidated variable interest entity ( “VIE” ), CQP, as further discussed in Note 7—Non-controlling Interest and Variable Interest Entity . As of September 30, 2023, total assets and liabilities of CQP were $17.8 billion and $19.0 billion, respectively, including $499 million of cash and cash equivalents and $35 million of restricted cash and cash equivalents.

Trade and Other Receivables, _3

Trade and Other Receivables, Net of Current Expected Credit Losses (Details) - USD ($) $ in Millions	Sep. 30, 2023	Dec. 31, 2022
Accounts and Other Receivables [Line Items]
Other receivables	$ 70	$ 105
Total trade and other receivables, net of current expected credit losses	811	1,944
SPL and CCL
Accounts and Other Receivables [Line Items]
Trade receivables	418	922
Cheniere Marketing
Accounts and Other Receivables [Line Items]
Trade receivables	$ 323	$ 917

Inventory (Details)

Inventory (Details) - USD ($) $ in Millions	Sep. 30, 2023	Dec. 31, 2022
Inventory [Line Items]
Inventory	$ 400	$ 826
LNG in-transit [Member]
Inventory [Line Items]
Inventory	82	356
LNG [Member]
Inventory [Line Items]
Inventory	90	212
Materials [Member]
Inventory [Line Items]
Inventory	199	194
Natural gas [Member]
Inventory [Line Items]
Inventory	27	60
Other [Member]
Inventory [Line Items]
Inventory	$ 2	$ 4

Property, Plant and Equipment_3

Property, Plant and Equipment, Net of Accumulated Depreciation - Schedule of Property, Plant and Equipment, Net of Accumulated Depreciation (Details) - USD ($) $ in Millions	Sep. 30, 2023	Dec. 31, 2022
Property, Plant and Equipment [Line Items]
Property, plant and equipment, net of accumulated depreciation	$ 32,053	$ 31,528
LNG terminal [Member]
Property, Plant and Equipment [Line Items]
Accumulated depreciation	(5,821)	(4,985)
Property, plant and equipment, net of accumulated depreciation	31,502	30,966
Terminal and interconnecting pipeline facilities [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	33,881	33,815
Site and related costs [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	461	451
Construction-in-process [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	2,981	1,685
Fixed assets and other [Member]
Property, Plant and Equipment [Line Items]
Accumulated depreciation	(202)	(191)
Property, plant and equipment, net of accumulated depreciation	69	51
Computer and office equipment [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	36	33
Furniture and fixtures [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	20	20
Computer software [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	125	121
Leasehold improvements [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	69	48
Other [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	21	20
Assets under finance leases [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	532	533
Accumulated depreciation	(50)	(22)
Property, plant and equipment, net of accumulated depreciation	$ 482	$ 511

Property, Plant and Equipment_4

Property, Plant and Equipment, Net of Accumulated Depreciation - Schedule of Depreciation and Offsets to LNG Terminal Costs (Details) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Property, Plant and Equipment [Abstract]
Depreciation expense		$ 296	$ 278	$ 887	$ 822
Offsets to LNG terminal costs	[1]	$ 0	$ 0	$ 0	$ 204

[1]We recognize offsets to LNG terminal costs related to the sale of commissioning cargoes because these amounts were earned or loaded prior to the start of commercial operations of the respective Trains of the Liquefaction Projects during the testing phase for its construction.

Derivative Instruments - Narrat

Derivative Instruments - Narrative (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2023	Dec. 31, 2022
Liquefaction Supply Derivatives [Member] \| Maximum [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative, Term of Contract	15 years
LNG Trading Derivatives [Member] \| Maximum [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative, Term of Contract	1 year
FX Derivatives [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative, Notional Amount	$ 266	$ 619
FX Derivatives [Member] \| Maximum [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative, Term of Contract	1 year

Derivative Instruments - Fair V

Derivative Instruments - Fair Value of Derivative Assets and Liabilities (Details) - USD ($) $ in Millions	Sep. 30, 2023	Dec. 31, 2022
Liquefaction Supply Derivatives [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Assets (Liabilities), at Fair Value, Net	$ (3,143)	$ (10,019)
Liquefaction Supply Derivatives [Member] \| Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Assets (Liabilities), at Fair Value, Net	19	(66)
Liquefaction Supply Derivatives [Member] \| Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Assets (Liabilities), at Fair Value, Net	54	(29)
Liquefaction Supply Derivatives [Member] \| Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Assets (Liabilities), at Fair Value, Net	(3,216)	(9,924)
LNG Trading Derivatives [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Assets (Liabilities), at Fair Value, Net	(22)	(46)
LNG Trading Derivatives [Member] \| Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Assets (Liabilities), at Fair Value, Net	(29)	1
LNG Trading Derivatives [Member] \| Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Assets (Liabilities), at Fair Value, Net	7	(47)
LNG Trading Derivatives [Member] \| Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Assets (Liabilities), at Fair Value, Net	0	0
FX Derivatives [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Assets (Liabilities), at Fair Value, Net	7	(28)
FX Derivatives [Member] \| Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Assets (Liabilities), at Fair Value, Net	0	0
FX Derivatives [Member] \| Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Assets (Liabilities), at Fair Value, Net	7	(28)
FX Derivatives [Member] \| Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Assets (Liabilities), at Fair Value, Net	$ 0	$ 0

Derivative Instruments - Fair_2

Derivative Instruments - Fair Value Inputs - Quantitative Information (Details) - Liquefaction Supply Derivatives [Member] - Fair Value, Inputs, Level 3 [Member]	9 Months Ended
	Sep. 30, 2023 USD ($)
Fair Value Measurement Inputs and Valuation Tecniques [Line Items]
Net Fair Value Liabilities	$ (3,216,000,000)
Valuation, Market Approach [Member] \| Minimum [Member]
Fair Value Measurement Inputs and Valuation Tecniques [Line Items]
Fair Value Inputs Basis Spread	(1.245)	[1]
Valuation, Market Approach [Member] \| Maximum [Member]
Fair Value Measurement Inputs and Valuation Tecniques [Line Items]
Fair Value Inputs Basis Spread	0.638	[1]
Valuation, Market Approach [Member] \| Weighted Average [Member]
Fair Value Measurement Inputs and Valuation Tecniques [Line Items]
Fair Value Inputs Basis Spread	$ (0.031)	[1]
Valuation Technique, Option Pricing Model [Member] \| Minimum [Member]
Fair Value Measurement Inputs and Valuation Tecniques [Line Items]
Fair Value Inputs Basis Spread Percentage	83%	[1],[2]
Valuation Technique, Option Pricing Model [Member] \| Maximum [Member]
Fair Value Measurement Inputs and Valuation Tecniques [Line Items]
Fair Value Inputs Basis Spread Percentage	422%	[1],[2]
Valuation Technique, Option Pricing Model [Member] \| Weighted Average [Member]
Fair Value Measurement Inputs and Valuation Tecniques [Line Items]
Fair Value Inputs Basis Spread Percentage	188%	[1],[2]

[1]Unobservable inputs were weighted by the relative fair value of the instruments.[2]Spread contemplates U.S. dollar-denominated pricing.

Derivative Instruments - Schedu

Derivative Instruments - Schedule of Level 3 Derivatives Activity (Details) - Physical Liquefaction Supply Derivatives and Physical LNG Trading Derivative - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Fair Value, Assets (Liabilities) Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance, beginning of period		$ (4,611)	$ (8,462)	$ (9,924)	$ (4,036)
Realized and change in fair value gains (losses) included in net income:
Included in cost of sales, existing deals	[1],[2]	1,197	(5,668)	5,350	(8,825)
Included in cost of sales, new deals	[1],[3]	8	0	26	0
Purchases and settlements:
Purchases	[4]	0	4	0	(1,390)
Settlements	[5]	187	322	1,323	446
Transfers out of level 3	[6]	3	(1)	9	0
Balance, end of period		(3,216)	(13,805)	(3,216)	(13,805)
Favorable (unfavorable) changes in fair value relating to instruments still held at the end of the period		$ 1,205	$ (5,668)	$ 5,376	$ (8,825)

[1]Does not include the realized value associated with derivative instruments that settle through physical delivery, as settlement is equal to contractually fixed price from trade date multiplied by contractual volume. See settlements line item in this table.[2]Impact to earnings on deals that existed at the beginning of the period and continue to exist at the end of the period.[3]Impact to earnings on deals that were entered into during the reporting period and continue to exist at the end of the period.[4]Includes any day one gain (loss) recognized during the reporting period on deals that were entered into during the reporting period which continue to exist at the end of the period, in addition to any derivative contracts acquired from entities at a value other than zero on acquisition date, such as derivatives assigned or novated during the reporting period and continuing to exist at the end of the period.[5]Roll-off in the current period of amounts recognized in our Consolidated Balance Sheets at the end of the previous period due to settlement of the underlying instruments in the current period.[6]Transferred out of Level 3 as a result of observable market for the underlying natural gas purchase agreements.

Derivative Instruments - Sche_2

Derivative Instruments - Schedule of Notional Amounts of Outstanding Derivative Positions (Details) - tbtu	Sep. 30, 2023		Dec. 31, 2022
Liquefaction Supply Derivatives [Member]
Derivative [Line Items]
Derivative, Nonmonetary Notional Amount	13,542	[1]	14,504
LNG Trading Derivatives [Member]
Derivative [Line Items]
Derivative, Nonmonetary Notional Amount	6		50

[1]Excludes notional amounts associated with extension options that were uncertain to be taken as of September 30, 2023.

Derivative Instruments - Deriva

Derivative Instruments - Derivative Instruments, Gain (Loss) (Details) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
LNG Trading Derivatives [Member] \| LNG Revenues [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative gain (loss), net	[1]	$ 19	$ (237)	$ 34	$ (454)
LNG Trading Derivatives [Member] \| Recovery (cost) of sales [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative gain (loss), net	[1]	(8)	(4)	(95)	103
Liquefaction Supply Derivatives [Member] \| LNG Revenues [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative gain (loss), net	[1],[2]	1	(3)	(5)	8
Liquefaction Supply Derivatives [Member] \| Recovery (cost) of sales [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative gain (loss), net	[1],[2]	1,403	(5,508)	6,900	(10,008)
FX Derivatives [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative gain (loss), net		$ 13	$ 54	$ 5	$ 121
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]		Revenues	Revenues	Revenues	Revenues

[1]Fair value fluctuations associated with commodity derivative activities are classified and presented consistently with the item economically hedged and the nature and intent of the derivative instrument.[2]Does not include the realized value associated with Liquefaction Supply Derivatives that settle through physical delivery.

Derivative Instruments - Fair_3

Derivative Instruments - Fair Value of Derivative Instruments by Balance Sheet Location (Details) - USD ($) $ in Millions		Sep. 30, 2023	Dec. 31, 2022
Derivatives, Fair Value [Line Items]
Current derivative assets		$ 95	$ 120
Derivative assets		620	35
Total derivative assets		715	155
Current derivative liabilities		(991)	(2,301)
Derivative liabilities		(2,882)	(7,947)
Total derivative liabilities		(3,873)	(10,248)
Derivative asset (liability), net		$ (3,158)	$ (10,093)
Derivative Asset, Current, Statement of Financial Position [Extensible Enumeration]		Current derivative assets	Current derivative assets
Derivative Asset, Noncurrent, Statement of Financial Position [Extensible Enumeration]		Derivative assets	Derivative assets
Derivative Liability, Current, Statement of Financial Position [Extensible Enumeration]		Current derivative liabilities	Current derivative liabilities
Derivative Liability, Noncurrent, Statement of Financial Position [Extensible Enumeration]		Derivative liabilities	Derivative liabilities
Liquefaction Supply Derivatives [Member]
Derivatives, Fair Value [Line Items]
Current derivative assets	[1]	$ 62	$ 36
Derivative assets	[1]	620	35
Total derivative assets	[1]	682	71
Current derivative liabilities	[1]	(943)	(2,143)
Derivative liabilities	[1]	(2,882)	(7,947)
Total derivative liabilities	[1]	(3,825)	(10,090)
Derivative asset (liability), net	[1]	(3,143)	(10,019)
Derivative, collateral posted by counterparties		1	0
Derivative, collateral posted by us		1	111
LNG Trading Derivatives [Member]
Derivatives, Fair Value [Line Items]
Current derivative assets	[2]	23	84
Derivative assets	[2]	0	0
Total derivative assets	[2]	23	84
Current derivative liabilities	[2]	(45)	(130)
Derivative liabilities	[2]	0	0
Total derivative liabilities	[2]	(45)	(130)
Derivative asset (liability), net	[2]	(22)	(46)
Derivative, collateral posted by us		72	23
FX Derivatives [Member]
Derivatives, Fair Value [Line Items]
Current derivative assets		10	0
Derivative assets		0	0
Total derivative assets		10	0
Current derivative liabilities		(3)	(28)
Derivative liabilities		0	0
Total derivative liabilities		(3)	(28)
Derivative asset (liability), net		$ 7	$ (28)

[1]Does not include collateral posted with counterparties by us of $1 million and $111 million as of September 30, 2023 and December 31, 2022, respectively, which are included in margin deposits on our Consolidated Balance Sheets, and collateral posted by counterparties to us of $1 million and zero as of September 30, 2023 and December 31, 2022, respectively, which are included in other current liabilities on our Consolidated Balance Sheets.[2]Does not include collateral posted with counterparties by us of $72 million and $23 million, as of September 30, 2023 and December 31, 2022, respectively, which are included in margin deposits on our Consolidated Balance Sheets.

Derivative Instruments - Deri_2

Derivative Instruments - Derivative Net Presentation on Consolidated Balance Sheets (Details) - USD ($) $ in Millions		Sep. 30, 2023	Dec. 31, 2022
Derivative [Line Items]
Current derivative assets		$ 95	$ 120
Derivative assets		620	35
Derivative Liability, Current		(991)	(2,301)
Derivative Liability, Noncurrent		(2,882)	(7,947)
Liquefaction Supply Derivatives Asset [Member]
Derivative [Line Items]
Derivative Asset, Gross Amounts Recognized		1,161	76
Derivative Asset, Gross Amounts Offset in the Consolidated Balance Sheets		(479)	(5)
Derivative Assets (Liabilities), at Fair Value, Net	[1]	682	71
Liquefaction Supply Derivatives Liability [Member]
Derivative [Line Items]
Derivative Liability, Gross Amounts Recognized		(3,911)	(10,436)
Derivative Liability, Gross Amounts Offset in the Consolidated Balance Sheets		86	346
Derivative Assets (Liabilities), at Fair Value, Net	[2]	(3,825)	(10,090)
LNG Trading Derivatives Asset [Member]
Derivative [Line Items]
Derivative Asset, Gross Amounts Recognized		23	87
Derivative Asset, Gross Amounts Offset in the Consolidated Balance Sheets		0	(3)
Derivative Assets (Liabilities), at Fair Value, Net	[1]	23	84
LNG Trading Derivatives Liability [Member]
Derivative [Line Items]
Derivative Liability, Gross Amounts Recognized		(51)	(132)
Derivative Liability, Gross Amounts Offset in the Consolidated Balance Sheets		6	2
Derivative Assets (Liabilities), at Fair Value, Net	[2]	(45)	(130)
FX Derivatives Asset [Member]
Derivative [Line Items]
Derivative Asset, Gross Amounts Recognized		10	0
Derivative Asset, Gross Amounts Offset in the Consolidated Balance Sheets		0	0
Derivative Assets (Liabilities), at Fair Value, Net	[1]	10	0
FX Derivatives Liability [Member]
Derivative [Line Items]
Derivative Liability, Gross Amounts Recognized		(3)	(29)
Derivative Liability, Gross Amounts Offset in the Consolidated Balance Sheets		0	1
Derivative Assets (Liabilities), at Fair Value, Net	[2]	$ (3)	$ (28)

[1]Includes current and non-current derivative assets of $95 million and $620 million, respectively, as of September 30, 2023 and $120 million and $35 million, respectively, as of December 31, 2022.[2]Includes current and non-current derivative liabilities of $991 million and $2,882 million, respectively, as of September 30, 2023 and $2,301 million and $7,947 million, respectively, as of December 31, 2022.

Non-Controlling Interest and _3

Non-Controlling Interest and Variable Interest Entity (Details) - USD ($) shares in Millions, $ in Millions	9 Months Ended
	Sep. 30, 2023		Dec. 31, 2022
Noncontrolling Interest and Variable Interest Entity [Line Items]
Cash and cash equivalents	$ 3,861	[1]	$ 1,353
Restricted cash and cash equivalents	422	[1]	1,134
Other current assets, net	107		97
Total current assets	5,769		5,608
Property, plant and equipment, net of accumulated depreciation	32,053		31,528
Other non-current assets, net	611		529
Total assets	41,719	[1]	41,266
Accrued liabilities	1,433		2,679
Current debt, net of discount and debt issuance costs	349		813
Current derivative liabilities	991		2,301
Other current liabilities	38		28
Total current liabilities	3,758		6,795
Long-term debt, net of discount and debt issuance costs	23,389		24,055
Derivative liabilities	2,882		7,947
Other non-current liabilities	$ 222		175
CQP [Member]
Noncontrolling Interest and Variable Interest Entity [Line Items]
Limited Partner ownership percentage	48.60%
General Partner ownership percentage	100%
CQP [Member] \| Common Units [Member]
Noncontrolling Interest and Variable Interest Entity [Line Items]
Partners Capital Account, Units, Units Held	239.9
CQP [Member]
Noncontrolling Interest and Variable Interest Entity [Line Items]
Cash and cash equivalents	$ 499		904
Restricted cash and cash equivalents	35		92
Trade and other receivables, net of current expected credit losses	287		627
Other current assets, net	225		269
Total current assets	1,046		1,892
Property, plant and equipment, net of accumulated depreciation	16,341		16,725
Other non-current assets, net	377		288
Total assets	17,764		18,905
Accrued liabilities	646		1,384
Current debt, net of discount and debt issuance costs	349		0
Current derivative liabilities	294		769
Other current liabilities	217		191
Total current liabilities	1,506		2,344
Long-term debt, net of discount and debt issuance costs	15,600		16,198
Derivative liabilities	1,731		3,024
Other non-current liabilities	141		98
Total liabilities	$ 18,978		$ 21,664

[1] Amounts presented include balances held by our consolidated variable interest entity ( “VIE” ), CQP, as further discussed in Note 7—Non-controlling Interest and Variable Interest Entity . As of September 30, 2023, total assets and liabilities of CQP were $17.8 billion and $19.0 billion, respectively, including $499 million of cash and cash equivalents and $35 million of restricted cash and cash equivalents.

Accrued Liabilities (Details)

Accrued Liabilities (Details) - USD ($) $ in Millions	Sep. 30, 2023	Dec. 31, 2022
Accrued Liabilities, Current [Abstract]
Natural gas purchases	$ 607	$ 1,621
Interest costs and related debt fees	260	383
LNG terminals and related pipeline costs	244	240
Compensation and benefits	118	245
LNG purchases	22	88
Other accrued liabilities	182	102
Total accrued liabilities	$ 1,433	$ 2,679

Debt - Schedule of Debt Instrum

Debt - Schedule of Debt Instruments (Details) - USD ($) $ in Millions		Sep. 30, 2023	Dec. 31, 2022
Debt Instrument [Line Items]
Debt, Long-term and Short-term, Combined Amount		$ 23,938	$ 25,086
Current portion of long-term debt		(349)	(813)
Long-term portion of unamortized discount and debt issuance costs, net		(200)	(218)
Total Long-Term Debt, Net of Premium, Discount and Debt Issuance Costs		23,389	24,055
SPL Senior Notes [Member]
Debt Instrument [Line Items]
Debt, Long-term and Short-term, Combined Amount		10,482	12,132
2024 SPL Senior Notes [Member]
Debt Instrument [Line Items]
Debt, Long-term and Short-term, Combined Amount		$ 350	2,000
Debt Instrument, Interest Rate, Stated Percentage		5.75%
2025 SPL Senior Notes [Member]
Debt Instrument [Line Items]
Debt, Long-term and Short-term, Combined Amount		$ 2,000	2,000
Debt Instrument, Interest Rate, Stated Percentage		5.625%
2026 SPL Senior Notes [Member]
Debt Instrument [Line Items]
Debt, Long-term and Short-term, Combined Amount		$ 1,500	1,500
Debt Instrument, Interest Rate, Stated Percentage		5.875%
2027 SPL Senior Notes [Member]
Debt Instrument [Line Items]
Debt, Long-term and Short-term, Combined Amount		$ 1,500	1,500
Debt Instrument, Interest Rate, Stated Percentage		5%
2028 SPL Senior Notes [Member]
Debt Instrument [Line Items]
Debt, Long-term and Short-term, Combined Amount		$ 1,350	1,350
Debt Instrument, Interest Rate, Stated Percentage		4.20%
2030 SPL Senior Notes [Member]
Debt Instrument [Line Items]
Debt, Long-term and Short-term, Combined Amount		$ 2,000	2,000
Debt Instrument, Interest Rate, Stated Percentage		4.50%
2037 SPL Senior Notes [Member]
Debt Instrument [Line Items]
Debt, Long-term and Short-term, Combined Amount		$ 1,782	1,782
2037 SPL Senior Notes [Member] \| Weighted Average [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage		4.746%
SPL Working Capital Facility [Member]
Debt Instrument [Line Items]
Debt, Long-term and Short-term, Combined Amount		$ 0	0
SPL Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Debt, Long-term and Short-term, Combined Amount		0	0
CQP Senior Notes [Member]
Debt Instrument [Line Items]
Debt, Long-term and Short-term, Combined Amount		5,600	4,200
2029 CQP Senior Notes [Member]
Debt Instrument [Line Items]
Debt, Long-term and Short-term, Combined Amount		$ 1,500	1,500
Debt Instrument, Interest Rate, Stated Percentage		4.50%
2031 CQP Senior Notes [Member]
Debt Instrument [Line Items]
Debt, Long-term and Short-term, Combined Amount		$ 1,500	1,500
Debt Instrument, Interest Rate, Stated Percentage		4%
2032 CQP Senior Notes [Member]
Debt Instrument [Line Items]
Debt, Long-term and Short-term, Combined Amount		$ 1,200	1,200
Debt Instrument, Interest Rate, Stated Percentage		3.25%
2033 Cheniere Energy Partners Senior Notes
Debt Instrument [Line Items]
Debt, Long-term and Short-term, Combined Amount		$ 1,400	0
Debt Instrument, Interest Rate, Stated Percentage		5.95%
CQP Credit Facilities [Member]
Debt Instrument [Line Items]
Debt, Long-term and Short-term, Combined Amount		$ 0	0
CQP Revolving Credit Facility
Debt Instrument [Line Items]
Debt, Long-term and Short-term, Combined Amount		0	0
CCH Senior Notes [Member]
Debt Instrument [Line Items]
Debt, Long-term and Short-term, Combined Amount		6,356	7,254
2024 CCH Senior Notes [Member]
Debt Instrument [Line Items]
Debt, Long-term and Short-term, Combined Amount		$ 0	498
Debt Instrument, Interest Rate, Stated Percentage		7%
2025 CCH Senior Notes [Member]
Debt Instrument [Line Items]
Debt, Long-term and Short-term, Combined Amount		$ 1,491	1,491
Debt Instrument, Interest Rate, Stated Percentage		5.875%
2027 CCH Senior Notes [Member]
Debt Instrument [Line Items]
Debt, Long-term and Short-term, Combined Amount		$ 1,201	1,271
Debt Instrument, Interest Rate, Stated Percentage		5.125%
2029 CCH Senior Notes [Member]
Debt Instrument [Line Items]
Debt, Long-term and Short-term, Combined Amount		$ 1,125	1,361
Debt Instrument, Interest Rate, Stated Percentage		3.70%
2039 CCH Senior Notes [Member]
Debt Instrument [Line Items]
Debt, Long-term and Short-term, Combined Amount		$ 2,539	2,633
2039 CCH Senior Notes [Member] \| Weighted Average [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage		3.788%
CCH Credit Facility [Member]
Debt Instrument [Line Items]
Debt, Long-term and Short-term, Combined Amount		$ 0	0
CCH Working Capital Facility [Member]
Debt Instrument [Line Items]
Debt, Long-term and Short-term, Combined Amount	[1]	0	0
2028 Cheniere Senior Secured Notes [Member]
Debt Instrument [Line Items]
Debt, Long-term and Short-term, Combined Amount		$ 1,500	1,500
Debt Instrument, Interest Rate, Stated Percentage		4.625%
Cheniere Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Debt, Long-term and Short-term, Combined Amount		$ 0	0
Cheniere [Member]
Debt Instrument [Line Items]
Debt, Long-term and Short-term, Combined Amount		1,500	1,500
SPL [Member]
Debt Instrument [Line Items]
Debt, Long-term and Short-term, Combined Amount		10,482	12,132
CQP [Member]
Debt Instrument [Line Items]
Debt, Long-term and Short-term, Combined Amount		5,600	4,200
CCH [Member]
Debt Instrument [Line Items]
Debt, Long-term and Short-term, Combined Amount		$ 6,356	$ 7,254

[1]The CCH Working Capital Facility is classified as short-term debt as we are required to reduce the aggregate outstanding principal amount to zero for a period of five consecutive business days at least once each year.

Debt - Credit Facilities Table

Debt - Credit Facilities Table (Details) $ in Millions	9 Months Ended
Debt - Credit Facilities Table (Details) $ in Millions	Sep. 30, 2023 USD ($) unit Rate
Line of Credit Facility [Line Items]
Debt, Minimum Historical Debt Service Coverage Ratio And Projected Debt Service Coverage Ratio \| unit	1.25
SPL Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Total facility size \| $	$ 1,000	[1]
Outstanding balance \| $	0	[1]
Letters of credit issued \| $	284	[1]
Available commitment \| $	$ 716	[1]
Debt Instrument, Description of Variable Rate Basis	SOFR or base rate
Maturity date	Jun. 23, 2028	[1]
SPL Revolving Credit Facility [Member] \| Minimum [Member]
Line of Credit Facility [Line Items]
Line of Credit Facility, Commitment Fee Percentage	0.075%	[1],[2]
SPL Revolving Credit Facility [Member] \| Maximum [Member]
Line of Credit Facility [Line Items]
Line of Credit Facility, Commitment Fee Percentage	0.30%	[1],[2]
SPL Revolving Credit Facility [Member] \| SOFR
Line of Credit Facility [Line Items]
Debt Instrument, Credit Spread Adjustment On Variable Rate \| Rate	0.10%	[1],[2]
SPL Revolving Credit Facility [Member] \| SOFR \| Minimum [Member]
Line of Credit Facility [Line Items]
Debt Instrument, Basis Spread on Variable Rate \| Rate	1%	[1],[2]
SPL Revolving Credit Facility [Member] \| SOFR \| Maximum [Member]
Line of Credit Facility [Line Items]
Debt Instrument, Basis Spread on Variable Rate \| Rate	1.75%	[1],[2]
SPL Revolving Credit Facility [Member] \| Base Rate [Member] \| Minimum [Member]
Line of Credit Facility [Line Items]
Debt Instrument, Basis Spread on Variable Rate \| Rate	0%	[1],[2]
SPL Revolving Credit Facility [Member] \| Base Rate [Member] \| Maximum [Member]
Line of Credit Facility [Line Items]
Debt Instrument, Basis Spread on Variable Rate \| Rate	0.75%	[1],[2]
CQP Revolving Credit Facility
Line of Credit Facility [Line Items]
Total facility size \| $	$ 1,000	[1]
Outstanding balance \| $	0	[1]
Letters of credit issued \| $	0	[1]
Available commitment \| $	$ 1,000	[1]
Debt Instrument, Description of Variable Rate Basis	SOFR or base rate
Maturity date	Jun. 23, 2028	[1]
CQP Revolving Credit Facility \| Minimum [Member]
Line of Credit Facility [Line Items]
Line of Credit Facility, Commitment Fee Percentage	0.10%	[1],[2]
CQP Revolving Credit Facility \| Maximum [Member]
Line of Credit Facility [Line Items]
Line of Credit Facility, Commitment Fee Percentage	0.30%	[1],[2]
CQP Revolving Credit Facility \| SOFR
Line of Credit Facility [Line Items]
Debt Instrument, Credit Spread Adjustment On Variable Rate \| Rate	0.10%	[1],[2]
CQP Revolving Credit Facility \| SOFR \| Minimum [Member]
Line of Credit Facility [Line Items]
Debt Instrument, Basis Spread on Variable Rate \| Rate	1.125%	[1],[2]
CQP Revolving Credit Facility \| SOFR \| Maximum [Member]
Line of Credit Facility [Line Items]
Debt Instrument, Basis Spread on Variable Rate \| Rate	2%	[1],[2]
CQP Revolving Credit Facility \| Base Rate [Member] \| Minimum [Member]
Line of Credit Facility [Line Items]
Debt Instrument, Basis Spread on Variable Rate \| Rate	0.125%	[1],[2]
CQP Revolving Credit Facility \| Base Rate [Member] \| Maximum [Member]
Line of Credit Facility [Line Items]
Debt Instrument, Basis Spread on Variable Rate \| Rate	1%	[1],[2]
CCH Credit Facility [Member]
Line of Credit Facility [Line Items]
Total facility size \| $	$ 3,260
Outstanding balance \| $	0
Letters of credit issued \| $	0
Available commitment \| $	$ 3,260
Debt Instrument, Description of Variable Rate Basis	SOFR or base rate
Line of Credit Facility, Commitment Fee Percentage	0.525%	[2]
CCH Credit Facility [Member] \| Maximum [Member]
Line of Credit Facility [Line Items]
Maturity date	Jun. 15, 2029
Debt Instrument, Maturity Date, Years after Substantial Completion	2 years
CCH Credit Facility [Member] \| SOFR
Line of Credit Facility [Line Items]
Debt Instrument, Credit Spread Adjustment On Variable Rate \| Rate	0.10%	[2]
Debt Instrument, Basis Spread on Variable Rate \| Rate	1.50%	[2]
CCH Credit Facility [Member] \| Base Rate [Member]
Line of Credit Facility [Line Items]
Debt Instrument, Basis Spread on Variable Rate	0.50%	[2]
CCH Working Capital Facility [Member]
Line of Credit Facility [Line Items]
Total facility size \| $	$ 1,500
Outstanding balance - current \| $	0
Letters of credit issued \| $	155
Available commitment \| $	$ 1,345
Debt Instrument, Description of Variable Rate Basis	SOFR or base rate
Maturity date	Jun. 15, 2027
CCH Working Capital Facility [Member] \| Minimum [Member]
Line of Credit Facility [Line Items]
Line of Credit Facility, Commitment Fee Percentage	0.10%	[2]
CCH Working Capital Facility [Member] \| Maximum [Member]
Line of Credit Facility [Line Items]
Line of Credit Facility, Commitment Fee Percentage	0.20%	[2]
CCH Working Capital Facility [Member] \| SOFR
Line of Credit Facility [Line Items]
Debt Instrument, Credit Spread Adjustment On Variable Rate \| Rate	0.10%	[2]
CCH Working Capital Facility [Member] \| SOFR \| Minimum [Member]
Line of Credit Facility [Line Items]
Debt Instrument, Basis Spread on Variable Rate \| Rate	1%	[2]
CCH Working Capital Facility [Member] \| SOFR \| Maximum [Member]
Line of Credit Facility [Line Items]
Debt Instrument, Basis Spread on Variable Rate \| Rate	1.50%	[2]
CCH Working Capital Facility [Member] \| Base Rate [Member] \| Minimum [Member]
Line of Credit Facility [Line Items]
Debt Instrument, Basis Spread on Variable Rate	0%	[2]
CCH Working Capital Facility [Member] \| Base Rate [Member] \| Maximum [Member]
Line of Credit Facility [Line Items]
Debt Instrument, Basis Spread on Variable Rate	0.50%	[2]
Cheniere Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Total facility size \| $	$ 1,250	[3]
Outstanding balance \| $	0	[3]
Letters of credit issued \| $	0	[3]
Available commitment \| $	$ 1,250	[3]
Debt Instrument, Description of Variable Rate Basis	SOFR or base rate
Maturity date	Oct. 28, 2026	[3]
Cheniere Revolving Credit Facility [Member] \| Minimum [Member]
Line of Credit Facility [Line Items]
Line of Credit Facility, Commitment Fee Percentage	0.115%	[2],[3],[4]
Cheniere Revolving Credit Facility [Member] \| Maximum [Member]
Line of Credit Facility [Line Items]
Line of Credit Facility, Commitment Fee Percentage	0.365%	[2],[3],[4]
Cheniere Revolving Credit Facility [Member] \| SOFR
Line of Credit Facility [Line Items]
Debt Instrument, Credit Spread Adjustment On Variable Rate \| Rate	0.10%	[2],[3]
Cheniere Revolving Credit Facility [Member] \| SOFR \| Minimum [Member]
Line of Credit Facility [Line Items]
Debt Instrument, Basis Spread on Variable Rate \| Rate	1.075%	[2],[3]
Cheniere Revolving Credit Facility [Member] \| SOFR \| Maximum [Member]
Line of Credit Facility [Line Items]
Debt Instrument, Basis Spread on Variable Rate \| Rate	2.20%	[2],[3]
Cheniere Revolving Credit Facility [Member] \| Base Rate [Member] \| Minimum [Member]
Line of Credit Facility [Line Items]
Debt Instrument, Basis Spread on Variable Rate \| Rate	0.115%	[2],[3]
Cheniere Revolving Credit Facility [Member] \| Base Rate [Member] \| Maximum [Member]
Line of Credit Facility [Line Items]
Debt Instrument, Basis Spread on Variable Rate \| Rate	0.365%	[2],[3]

[1]In June 2023, CQP and SPL refinanced and replaced the CQP Credit Facilities and the SPL Working Capital Facility with the CQP Revolving Credit Facility and the SPL Revolving Credit Facility, respectively, resulting in extended maturity dates, revised borrowing capacities, reduced rate of interest and commitment fees applicable thereunder and certain other changes to terms and conditions.[2]The margin on the interest rate and the commitment fees is subject to change based on the applicable entity’s credit rating[3]In June 2023, we amended the Cheniere Revolving Credit Facility to update the indexed interest rate to SOFR.[4]In April 2023, the commitment fees for the Cheniere Revolving Credit Facility were reduced as a result of achieving certain ESG metrics.

Debt - Interest Expense (Detail

Debt - Interest Expense (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
Debt - Interest Expense (Details) - USD ($) $ in Millions	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Debt Disclosure [Abstract]
Total interest cost	$ 316	$ 376	$ 956	$ 1,118
Capitalized interest	(33)	(22)	(85)	(58)
Total interest expense, net of capitalized interest	$ 283	$ 354	$ 871	$ 1,060

Debt - Schedule of Carrying Val

Debt - Schedule of Carrying Values and Estimated Fair Values of Debt Instruments (Details) - USD ($) $ in Millions		Sep. 30, 2023	Dec. 31, 2022
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Carrying Amount, Debt		$ 23,938	$ 25,086
Senior Notes [Member] \| Carrying Amount [Member] \| Fair Value, Inputs, Level 2 and Level 3
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Carrying Amount, Debt		23,938	25,086
Senior Notes [Member] \| Estimated Fair Value [Member] \| Fair Value, Inputs, Level 2 and Level 3
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Senior Notes, Estimated Fair Value	[1]	22,052	23,500
Senior Notes [Member] \| Estimated Fair Value [Member] \| Fair Value, Inputs, Level 3 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Senior Notes, Estimated Fair Value		$ 2,800	$ 3,000

[1]As of September 30, 2023 and December 31, 2022, $2.8 billion and $3.0 billion, respectively, of the fair value of our senior notes were classified as Level 3 since these senior notes were valued by applying an unobservable illiquidity adjustment to the price derived from trades or indicative bids of instruments with similar terms, maturities and credit standing. The remainder of our senior notes are classified as Level 2, based on prices derived from trades or indicative bids of the instruments.

Leases - Balance Sheet Location

Leases - Balance Sheet Location Table (Details) - USD ($) $ in Millions	Sep. 30, 2023	Dec. 31, 2022
Leases [Abstract]
Right-of-use assets—Operating	$ 2,549	$ 2,625
Right-of-use assets—Financing	482	511
Total right-of-use assets	3,031	3,136
Current operating lease liabilities	612	616
Current finance lease liabilities	35	28
Operating lease liabilities	1,907	1,971
Non-current finance lease liabilities	476	494
Total lease liabilities	$ 3,030	$ 3,109
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]	Right-of-use assets—Operating	Right-of-use assets—Operating
Finance Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]	Property, plant and equipment, net of accumulated depreciation	Property, plant and equipment, net of accumulated depreciation
Operating Lease, Liability, Current, Statement of Financial Position [Extensible Enumeration]	Current operating lease liabilities	Current operating lease liabilities
Finance Lease, Liability, Current, Statement of Financial Position [Extensible Enumeration]	Other current liabilities	Other current liabilities
Operating Lease, Liability, Noncurrent, Statement of Financial Position [Extensible Enumeration]	Operating lease liabilities	Operating lease liabilities
Finance Lease, Liability, Noncurrent, Statement of Financial Position [Extensible Enumeration]	Non-current finance lease liabilities	Non-current finance lease liabilities

Leases - Income Statement Locat

Leases - Income Statement Location Table (Details) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Finance lease cost:
Total lease cost		$ 209	$ 216	$ 647	$ 614
Operating costs and expenses [Member]
Lessee, Lease, Description [Line Items]
Operating lease cost	[1]	185	213	583	604
Finance lease cost:
Short-term lease costs		6	16	31	80
Variable lease costs		1	7	15	16
Depreciation and amortization expense [Member]
Finance lease cost:
Amortization of right-of-use assets		13	1	37	3
Interest expense, net of capitalized interest [Member]
Finance lease cost:
Interest on lease liabilities		$ 11	$ 2	$ 27	$ 7

[1]Presented in cost (recovery) of sales, operating and maintenance expense or selling, general and administrative expense consistent with the use of the asset under lease.

Leases - Future Minimum Payment

Leases - Future Minimum Payments Table (Details) $ in Millions	Sep. 30, 2023 USD ($)
Operating Leases, Future Minimum Payments
2023	$ 167
2024	702
2025	583
2026	450
2027	353
Thereafter	687
Total lease payments	2,942	[1]
Less: Interest	(423)
Present value of lease liabilities	2,519
Finance Leases, Future Minimum Payments
2023	17
2024	67
2025	72
2026	75
2027	77
Thereafter	427
Total lease payments	735	[1]
Less: Interest	(224)
Present value of lease liabilities	511
Operating Lease, Lease Not yet Commenced, Payments Due	$ 4,100
Maximum [Member]
Finance Leases, Future Minimum Payments
Operating Leases, Lease Not yet Commenced, Term of Contract	15 years

[1]Does not include approximately $4.1 billion of legally binding minimum payments primarily for vessel charters executed as of September 30, 2023 that will commence in future periods with fixed minimum lease terms of up to 15 years.

Leases - Other Quantitative Inf

Leases - Other Quantitative Information (Details) - USD ($) $ in Millions		9 Months Ended
		Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022
Operating Leases
Weighted-average remaining lease term		6 years		5 years 10 months 24 days
Weighted-average discount rate	[1]	4.50%		4.20%
Finance Leases
Weighted-average remaining lease term		9 years 10 months 24 days		10 years 7 months 6 days
Weighted-average discount rate	[1]	7.70%		7.80%
Operating cash flows from operating leases		$ 538	$ 524
Operating cash flows from finance leases		26	6
Payments of finance lease liabilities		20	1
Right-of-use assets obtained in exchange for operating lease liabilities		388	1,139
Right-of-use assets obtained in exchange for finance lease liabilities		$ 8	$ 23

[1]The weighted average discount rate is impacted by certain finance leases that commenced prior to the adoption of the current leasing standard under GAAP. In accordance with previous accounting guidance, the implied rate is based on the fair value of the underlying assets.

Leases - Subleases (Details)

Leases - Subleases (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
Leases - Subleases (Details) - USD ($) $ in Millions	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Lessor, Operating Lease, Description
Sublease Income, Fixed	$ 96	$ 122	$ 327	$ 188
Sublease Income, Variable	5	12	41	37
Sublease Income, Total	101	$ 134	368	$ 225
Operating Leases, Future Minimum Payments Receivable
2023	76		76
2024	120		120
Thereafter	0		0
Total sublease payments	$ 196		$ 196

Revenues - Schedule of Disaggre

Revenues - Schedule of Disaggregation of Revenue (Details) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Disaggregation of Revenue [Line Items]
Revenues from contracts with customers		$ 4,025	$ 8,904	$ 15,171	$ 24,443
Net derivative gain (loss)	[1]	33	(186)	34	(325)
Other revenues	[2]	101	134	366	225
Total revenues		4,159	8,852	15,571	24,343
LNG [Member]
Disaggregation of Revenue [Line Items]
Revenues from contracts with customers		3,941	8,422	14,950	23,774
Total revenues		3,974	8,236	14,984	23,449
Regasification [Member]
Disaggregation of Revenue [Line Items]
Revenues from contracts with customers		34	455	101	591
Total revenues		34	455	101	591
Other [Member]
Disaggregation of Revenue [Line Items]
Revenues from contracts with customers		50	27	120	78
Total revenues		$ 151	$ 161	$ 486	$ 303

[1] See Note 6—Derivative Instruments for additional information about our derivatives. Includes revenues from LNG vessel subcharters. See Note 10—Leases for additional information about our subleases.

Revenues - Termination Agreemen

Revenues - Termination Agreement with Chevron (Details) - Chevron U.S.A. Inc. - USD ($) $ in Millions	1 Months Ended	6 Months Ended	12 Months Ended
	Jun. 30, 2022	Dec. 31, 2022	Dec. 31, 2022
Revenue from External Customer [Line Items]
Contract Termination Fee	$ 765
Terminated commitments [Member]
Revenue from External Customer [Line Items]
Contract Termination Fee		$ 796
Regasification [Member]
Revenue from External Customer [Line Items]
Revenue Performance Obligation Fixed Consideration			$ 125

Revenues - Contract Assets and

Revenues - Contract Assets and Liabilities (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2023	Dec. 31, 2022
Revenue from Contract with Customer [Abstract]
Contract assets, net of current expected credit losses	$ 218	$ 186
Change In Contract With Customer, Liability [Roll Forward]
Deferred revenue, beginning of period	320
Cash received but not yet recognized in revenue	345
Revenue recognized from prior period deferral	(320)
Deferred revenue, end of period	$ 345

Revenues - Schedule of Transact

Revenues - Schedule of Transaction Price Allocated to Future Performance Obligations (Details) - USD ($) $ in Billions		Sep. 30, 2023	Dec. 31, 2022
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2023-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Unsatisfied Transaction Price			$ 112.8
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2023-10-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Unsatisfied Transaction Price		$ 113.2
LNG [Member] \| Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2023-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Unsatisfied Transaction Price			$ 112
Weighted Average Recognition Timing	[1]		9 years
LNG [Member] \| Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2023-10-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Unsatisfied Transaction Price		$ 112.5
Weighted Average Recognition Timing	[1]	9 years
Regasification [Member] \| Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2023-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Unsatisfied Transaction Price			$ 0.8
Weighted Average Recognition Timing	[1]		4 years
Regasification [Member] \| Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2023-10-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Unsatisfied Transaction Price		$ 0.7
Weighted Average Recognition Timing	[1]	3 years

[1]The weighted average recognition timing represents an estimate of the number of years during which we shall have recognized half of the unsatisfied transaction price.

Revenues - Remaining Performanc

Revenues - Remaining Performance Obligation, Variable Consideration (Details)	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
LNG [Member]
Revenue, Remaining Performance Obligation, Variable Consideration [Line Items]
Revenue, Variable Consideration Received From Customers, Percentage	63%	76%	71%	72%
Regasification [Member]
Revenue, Remaining Performance Obligation, Variable Consideration [Line Items]
Revenue, Variable Consideration Received From Customers, Percentage	7%	1%	7%	2%

Related Party Transactions - Sc

Related Party Transactions - Schedule of Related Party Transactions (Details) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022
Related Party Transaction [Line Items]
Revenues		$ 4,159	$ 8,852	$ 15,571	$ 24,343
Cost of sales		556	11,073	(71)	24,161
Operating and maintenance expense		445	419	1,376	1,227
Trade and other receivables, net of current expected credit losses		811		811		$ 1,944
Accrued liabilities		1,433		1,433		2,679
Related Party
Related Party Transaction [Line Items]
Trade and other receivables, net of current expected credit losses		2		2		1
Accrued liabilities		6		6		$ 1
LNG [Member]
Related Party Transaction [Line Items]
Revenues		3,974	8,236	14,984	23,449
Other [Member]
Related Party Transaction [Line Items]
Revenues		151	161	486	303
Natural Gas Transportation and Storage Agreements [Member] \| Midship Pipeline
Related Party Transaction [Line Items]
Operating and maintenance expense	[1]	5	0	9	0
Natural Gas Transportation and Storage Agreements [Member] \| Related Party through Brookfield Ownership
Related Party Transaction [Line Items]
Cost of sales	[2]	0	0	0	1
Operating and maintenance expense	[2]	14	18	44	45
Natural Gas Transportation and Storage Agreements [Member] \| LNG [Member] \| Related Party through Brookfield Ownership
Related Party Transaction [Line Items]
Revenues	[2]	0	0	0	4
Operation and Maintenance Agreement [Member] \| Other [Member] \| Midship Pipeline
Related Party Transaction [Line Items]
Revenues	[1]	$ 2	$ 3	$ 7	$ 5

[1]is a subsidiary of Midship Holdings, LLC, which we recognize as an equity method investment.[2]This related party is partially owned by Brookfield, who indirectly owns a portion of CQP’s limited partner interests.

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
Income Taxes (Details) - USD ($) $ in Millions	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Income Tax Disclosure [Abstract]
Income tax provision (benefit)	$ 440	$ (752)	$ 2,119	$ (762)
Effective Income Tax Rate	17.40%	22.10%	17.20%	23.30%
Income Tax Rate, Corporate Alternative Minimum Tax			15%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent			21%
Average Three Year Adjusted Financial Statement Income Threshold For Applicable Corporation			$ 1,000

Net Income (Loss) Per Share A_3

Net Income (Loss) Per Share Attributable to Common Stockholders (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions			3 Months Ended						9 Months Ended
		Oct. 30, 2023	Sep. 30, 2023	Jun. 30, 2023	Mar. 31, 2023	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Sep. 30, 2023	Sep. 30, 2022
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]
Net loss attributable to common stockholders			$ 1,701	$ 1,369	$ 5,434	$ (2,385)	$ 741	$ (865)	$ 8,504	$ (2,509)
Weighted average number of common shares outstanding, basic			240.2			249.9			242.1	252.5
Dilutive Unvested Stock			1.8			0			1.8	0
Weighted Average Number of Shares Outstanding, Diluted			242			249.9			243.9	252.5
Net income (loss) per share attributable to common stockholders—basic (1)	[1]		$ 7.08			$ (9.54)			$ 35.12	$ (9.94)
Net income (loss) per share attributable to common stockholders—diluted (1)	[1]		7.03			(9.54)			34.87	(9.94)
Common Stock, Dividends, Per Share, Declared			$ 0.395			$ 0.33			$ 1.185	$ 0.99
Antidilutive securities excluded from computation of earnings per share			0			2.5			0	2.5
Cheniere [Member] \| 2045 Cheniere Convertible Senior Notes [Member]
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]
Debt Instrument, Interest Rate, Stated Percentage			4.25%						4.25%
Subsequent Event [Member]
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]
Common Stock, Dividends, Per Share, Declared		$ 0.435
Unvested stock
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]
Antidilutive securities excluded from computation of earnings per share	[2]		0			2.5			0	2.3
2045 Cheniere Convertible Senior Notes [Member]
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]
Antidilutive securities excluded from computation of earnings per share	[3]		0			0			0	0.2

[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.[2]Includes the impact of unvested shares containing performance conditions to the extent that the underlying performance conditions are satisfied based on actual results as of the respective period end dates.[3] The 2045 Cheniere Convertible Senior Notes were redeemed or converted in cash on January 5, 2022. However, the adoption of ASU 2020-06 on January 1, 2022 required a presumption of share settlement for the purpose of calculating the impact to diluted earnings per share during the period the notes were outstanding in 2022.

Share Repurchase Programs - Nar

Share Repurchase Programs - Narrative (Details) - USD ($) $ in Millions		9 Months Ended
	Oct. 01, 2022	Sep. 30, 2021	Sep. 30, 2023
Share Repurchases [Line Items]
Stock Repurchase Program, Authorized Amount		$ 1,000
Stock Repurchase Program, Period in Force		3 years
Stock Repurchase Program, Remaining Authorized Repurchase Amount			$ 2,500
Subsequent Board Approved Increase [Member]
Share Repurchases [Line Items]
Stock Repurchase Program, Period in Force	3 years
Stock Repurchase Program, Increased in Authorized Amount	$ 4,000

Share Repurchase Programs - Sch

Share Repurchase Programs - Schedule of Share Repurchases (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Equity [Abstract]
Total shares repurchased		2,210	600	7,570	4,970
Weighted average price paid per share		$ 161.98	$ 125.34	$ 151.29	$ 128.73
Total cost of repurchases	[1]	$ 357	$ 75	$ 1,145	$ 640

[1]Amount excludes associated commission fees and excise taxes incurred, which are excluded costs under the repurchase program.

Customer Concentration - Schedu

Customer Concentration - Schedule of Customer Concentration (Details) - Customer Concentration Risk [Member]	3 Months Ended	9 Months Ended	12 Months Ended
	Sep. 30, 2022	Sep. 30, 2023	Dec. 31, 2022
Customer A [Member] \| Accounts Receivable, Net and Contract Assets, Net from External Customers [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage		16%
Customer B [Member] \| Accounts Receivable, Net and Contract Assets, Net from External Customers [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage		12%	0%
Customer B [Member] \| Total Revenues from External Customers [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	0%

Supplemental Cash Flow Inform_3

Supplemental Cash Flow Information (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Supplemental Cash Flow Information [Abstract]
Cash paid during the period for interest on debt, net of amounts capitalized	$ 906	$ 891
Cash paid for income taxes, net	85	28
Unpaid purchases of property, plant and equipment, net	204	217
Share-based compensation capitalized to property, plant and equipment	3	3
Non-cash conveyance of property, plant and equipment	0	17
Commitments due to equity method investments	14	0
Contribution of other non-current assets in exchange for equity method investment	30	0
Unpaid dividends declared on unvested common stock	3	5
Unpaid repurchases of treasury stock inclusive of excise taxes	$ 22	$ 0