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Segment Information (Tables)
6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Schedule of Financial Information by Segment
The following tables present financial information by segment, including significant segment expenses regularly provided to the chief operating decision maker, and a reconciliation of segment income (loss) from operations to income before income tax expense on the condensed consolidated statements of operations for the periods indicated.
Six months ended June 30, 2026
Calcasieu
Project
Plaquemines ProjectCP2
Project
Sales and
shipping
Corporate, other and eliminationsTotal
Revenue$1,802 $7,159 $— $2,661 $(2,445)$9,177 
Operating expense
Cost of sales1,288 3,264 — 2,148 (2,256)4,444 
Operating and maintenance expense166 244 54 163 (22)605 
General and administrative expense36 40 122 209 
Development expense— 26 11 — 32 69 
Depreciation and amortization91 336 — 37 47 511 
Total operating expense1,553 3,906 105 2,351 (2,077)5,838 
Income (loss) from operations$249 $3,253 $(105)$310 $(368)$3,339 
Interest income54 
Interest expense, net(933)
Gain on interest rate swaps139 
Loss on financing transactions(109)
Loss on foreign currency transactions(1)
Income before income tax expense$2,489 
Six months ended June 30, 2025
Calcasieu
Project
Plaquemines ProjectCP2
Project
Sales and
shipping
Corporate, other and eliminationsTotal
Revenue$2,573 $3,281 $$969 $(829)$5,995 
Operating expense
Cost of sales1,132 1,422 — 761 (837)2,478 
Operating and maintenance expense218 165 — 96 (10)469 
General and administrative expense31 21 146 208 
Development expense— 19 171 — 49 239 
Depreciation and amortization130 308 — 14 31 483 
Total operating expense1,488 1,945 192 873 (621)3,877 
Income (loss) from operations$1,085 $1,336 $(191)$96 $(208)$2,118 
Interest income94 
Interest expense, net(586)
Loss on interest rate swaps(304)
Loss on financing transactions(63)
Income before income tax expense$1,259 
The following table presents the capital expenditures and total assets by segment for the periods indicated:

Capital expenditures(a)
Total assets
Six months ended June 30,June 30,
2026
December 31,
2025
20262025
Calcasieu Project$19 $53 $6,882 $6,955 
Plaquemines Project604 3,648 26,658 26,256 
CP2 Project5,618 1,437 17,637 10,857 
Sales and shipping180 249 3,182 2,485 
Corporate, other and eliminations514 1,108 7,156 6,893 
Total$6,935 $6,495 $61,515 $53,446 
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(a)    Includes financed capital expenditures.