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v3.25.1

Related Party Transactions - Schedule of Related Party Transactions (Details) - USD ($) $ in Millions | 3 Months Ended |
--- | --- | ---
Mar. 31, 2025 | Mar. 31, 2024 | Dec. 31, 2024
Related Party Transaction [Line Items] |  |  |  |
Revenues |  | $ 5,444 | $ 4,253 |
Operating and maintenance expense |  | 473 | 451 |
Trade and other receivables, net of current expected credit losses |  | 1,019 |  | $ 727
Accrued liabilities |  | 2,206 |  | 2,179
Other [Member] |  |  |  |
Related Party Transaction [Line Items] |  |  |  |
Revenues |  | 105 | 182 |
Equity Method Investee | Operation Agreement and Construction Management Agreement | Other [Member] |  |  |  |
Related Party Transaction [Line Items] |  |  |  |
Revenues | [1] | 1 | 2 |
Equity Method Investee | Natural Gas Transportation and Storage Agreements [Member] |  |  |  |
Related Party Transaction [Line Items] |  |  |  |
Operating and maintenance expense | [1] | 8 | 2 |
Related Party |  |  |  |
Related Party Transaction [Line Items] |  |  |  |
Trade and other receivables, net of current expected credit losses |  | 0 |  | 4
Accrued liabilities |  | 9 |  | $ 8
Related Party | Natural Gas Transportation and Storage Agreements [Member] |  |  |  |
Related Party Transaction [Line Items] |  |  |  |
Operating and maintenance expense | [2] | 74 | 13 |
Equity Method Investee Sold | Operation Agreement and Construction Management Agreement | Other [Member] |  |  |  |
Related Party Transaction [Line Items] |  |  |  |
Revenues |  | 1 | 2 |
Equity Method Investee Sold | Natural Gas Transportation and Storage Agreements [Member] |  |  |  |
Related Party Transaction [Line Items] |  |  |  |
Operating and maintenance expense |  | $ 1 | $ 2 |
[1] | On February 13, 2025, we sold all of our equity interests in one of our equity method investments to a third party. Additionally, we assigned certain operating and construction management agreements to the purchaser of such interests. Included in the table above are $1 million and $2 million of other revenues and $1 million and $2 million of operating and maintenance expense from the investee during the three months ended March 31, 2025 and 2024, respectively.
[2] | These arrangements are with a party related to the entity that indirectly owns a portion of CQP’s limited partner interests.

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