XML 28 R13.htm IDEA: XBRL DOCUMENT v3.25.2

Non-Controlling Interest and Variable Interest Entities

6 Months Ended

Jun. 30, 2025

Noncontrolling Interest and Variable Interest Entity [Abstract]

Non-Controlling Interest and Variable Interest Entities

NON-CONTROLLING INTERESTS AND VARIABLE INTEREST ENTITIES

Substantially all of our consolidated VIEs’ assets and liabilities relate to CQP. We own a 48.6% limited partner interest in CQP, and we also own all of the 2% general partner interest and 100% of the incentive distribution rights in CQP. The remaining 49.4% non-controlling limited partner interest in CQP is held by affiliates of Blackstone Inc. and Brookfield Asset Management, Inc. (“Brookfield”) as well as the public.

The following table presents the summarized consolidated assets and liabilities (in millions) of our consolidated VIEs, which are included in our Consolidated Balance Sheets. The assets in the table below may only be used to settle obligations of the respective VIEs. In addition, there is no recourse to us for the consolidated VIEs’ liabilities. The assets and liabilities in the table below exclude intercompany balances between the respective VIEs and Cheniere that eliminate in our Consolidated Financial Statements.

						June 30,						December 31,
						2025						2024
ASSETS
Current assets
Cash and cash equivalents						$	108					$	270
Restricted cash and cash equivalents						40						125
Trade and other receivables, net of current expected credit losses						262						381
Inventory						158						154
Current derivative assets						28						84
Margin deposits						19						13
Other current assets, net						74						54
Total current assets						689						1,081
Property, plant and equipment, net of accumulated depreciation						15,665						15,880
Operating lease assets						80						80
Derivative assets						103						98
Other non-current assets, net						208						206
Total assets						$	16,745					$	17,345
LIABILITIES
Current liabilities
Accounts payable						$	74					$	70
Accrued liabilities						676						881
Current debt, net of unamortized discount and debt issuance costs						609						351
Deferred revenue						110						120
Current operating lease liabilities						5						4
Current derivative liabilities						143						250
Other current liabilities						7						16
Total current liabilities						1,624						1,692
Long-term debt, net of unamortized discount and debt issuance costs						14,213						14,761
Operating lease liabilities						75						76
Derivative liabilities						1,136						1,213
Other non-current liabilities						167						176
Total liabilities						$	17,215					$	17,918

X

- Definition

Noncontrolling Interest and Variable Interest Entity [Abstract]

+ References

No definition available.

+ Details

Name:	lng_NoncontrollingInterestandVariableInterestEntityAbstract
Namespace Prefix:	lng_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The entire disclosure for noncontrolling interest in consolidated subsidiaries, which could include the name of the subsidiary, the ownership percentage held by the parent, the ownership percentage held by the noncontrolling owners, the amount of the noncontrolling interest, the location of this amount on the balance sheet (when not reported separately), an explanation of the increase or decrease in the amount of the noncontrolling interest, the noncontrolling interest share of the net Income or Loss of the subsidiary, the location of this amount on the income statement (when not reported separately), the nature of the noncontrolling interest such as background information and terms, the amount of the noncontrolling interest represented by preferred stock, a description of the preferred stock, and the dividend requirements of the preferred stock.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 810
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/810/tableOfContent

+ Details

Name:	us-gaap_MinorityInterestDisclosureTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration