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v3.26.1

Property, Plant and Equipment - Components of Property, Plant and Equipment, Net (Details) - USD ($) $ / shares in Units, $ in Millions | 3 Months Ended | 6 Months Ended |
--- | --- | --- | ---
Jun. 30, 2026 | Jun. 30, 2025 | Jun. 30, 2026 | Jun. 30, 2025 | Dec. 31, 2025
Property, Plant, and Equipment [Line Items] |  |  |  |  |
Total property, plant and equipment at cost | $ 55,457 |  | $ 55,457 |  | $ 48,324
Accumulated depreciation | (2,241) |  | (2,241) |  | (1,736)
Total property, plant and equipment, net | 53,216 |  | 53,216 |  | 46,588
Depreciation expense | $ 257 | $ 263 | $ 506 | $ 477 |
Earnings per share, basic (in usd per share) | $ 0.54 | $ 0.15 | $ 0.74 | $ 0.32 |
Earnings per share, diluted (in usd per share) | $ 0.51 | $ 0.14 | $ 0.70 | $ 0.29 |
Service Life |  |  |  |  |
Property, Plant, and Equipment [Line Items] |  |  |  |  |
Depreciation expense | $ (90) |  | $ (181) |  |
Earnings per share, basic (in usd per share) | $ 0.04 |  | $ 0.07 |  |
Earnings per share, diluted (in usd per share) | $ 0.04 |  | $ 0.07 |  |
Terminal and interconnected pipeline facilities |  |  |  |  |
Property, Plant, and Equipment [Line Items] |  |  |  |  |
Total property, plant and equipment at cost | $ 34,943 |  | $ 34,943 |  | 32,651
Terminal and interconnected pipeline facilities | Minimum |  |  |  |  |
Property, Plant, and Equipment [Line Items] |  |  |  |  |
Estimated useful life | 3 years |  | 3 years |  |
Terminal and interconnected pipeline facilities | Maximum |  |  |  |  |
Property, Plant, and Equipment [Line Items] |  |  |  |  |
Estimated useful life | 48 years |  | 48 years |  |
Construction in progress |  |  |  |  |
Property, Plant, and Equipment [Line Items] |  |  |  |  |
Total property, plant and equipment at cost | $ 12,421 |  | $ 12,421 |  | 7,641
Advanced equipment and construction payments |  |  |  |  |
Property, Plant, and Equipment [Line Items] |  |  |  |  |
Total property, plant and equipment at cost | $ 5,331 |  | $ 5,331 |  | 5,541
LNG tankers |  |  |  |  |
Property, Plant, and Equipment [Line Items] |  |  |  |  |
Estimated useful life | 25 years |  | 25 years |  |
Total property, plant and equipment at cost | $ 2,038 |  | $ 2,038 |  | 1,780
Other |  |  |  |  |
Property, Plant, and Equipment [Line Items] |  |  |  |  |
Total property, plant and equipment at cost | $ 724 |  | $ 724 |  | $ 711
Other | Minimum |  |  |  |  |
Property, Plant, and Equipment [Line Items] |  |  |  |  |
Estimated useful life | 2 years |  | 2 years |  |
Other | Maximum |  |  |  |  |
Property, Plant, and Equipment [Line Items] |  |  |  |  |
Estimated useful life | 35 years |  | 35 years |  |

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