Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v3.10.0.1
Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
 3 Months Ended 12 Months Ended
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2017
Sep. 30, 2017
Jun. 30, 2017
Mar. 31, 2017
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Revenues                      
Revenue earned from contracts with customers                 $ 6,286 $ 4,284 $ 1,096
Revenues $ 1,897 $ 1,529 $ 1,407 $ 1,593 $ 1,518 $ 903 $ 992 $ 891 6,426 4,304 1,100
Operating costs and expenses                      
Cost of sales (excluding depreciation and amortization expense shown separately below)                 3,403 2,320 410
Cost of sales—affiliate                 0 0 2
Operating and maintenance expense                 409 292 127
Operating and maintenance expense—affiliate                 117 100 52
Development expense                 2 3 0
General and administrative expense                 11 12 13
General and administrative expense—affiliate                 73 80 90
Depreciation and amortization expense                 424 339 156
Impairment expense and loss on disposal of assets                 8 0 0
Other                 0 2 0
Total operating costs and expenses                 4,447 3,148 850
Income (loss) from operations 524 492 455 508 540 197 200 219 1,979 1,156 250
Other income (expense)                      
Interest expense, net of capitalized interest                 (733) (614) (357)
Loss on modification or extinguishment of debt                 (12) (67) (72)
Derivative gain, net                 14 4 6
Other income                 26 11 2
Total other income (expense)                 (705) (666) (421)
Net income (loss) $ 351 $ 307 $ 281 $ 335 $ 374 $ 23 $ 46 $ 47 $ 1,274 $ 490 $ (171)
Basic and diluted net income (loss) per common unit $ 0.69 [1] $ 0.60 [1] $ 0.55 [1] $ 0.67 [1] $ 0.76 [1] $ (1.10) [1] $ (3.71) [1] $ (0.80) [1] $ 2.51 $ (1.32) $ (0.20)
Weighted average number of common units outstanding used for basic and diluted net income (loss) per common unit calculation                 348.6 178.5 57.1
LNG [Member]                      
Revenues                      
Revenue earned from contracts with customers                 $ 4,687 $ 2,615 $ 535
Revenues                 4,827 2,635 539
LNG—affiliate [Member]                      
Revenues                      
Revenue earned from contracts with customers                 1,299 1,389 294
Regasification [Member]                      
Revenues                      
Revenue earned from contracts with customers                 261 260 259
Other [Member]                      
Revenues                      
Revenue earned from contracts with customers                 39 20 4
Other—affiliate [Member]                      
Revenues                      
Revenue earned from contracts with customers                 $ 0 $ 0 $ 4
[1] The sum of the quarterly net income (loss) per common unit may not equal the full year amount as the undistributed income and loss allocations and computations of the weighted average common units outstanding for basic and diluted common units outstanding for each quarter and the full year are performed independently.