Annual report pursuant to Section 13 and 15(d)

Derivative Instruments - Fair Value of Derivative Instruments by Balance Sheet Location (Details)

v3.20.4
Derivative Instruments - Fair Value of Derivative Instruments by Balance Sheet Location (Details) - USD ($)
$ in Millions
Dec. 31, 2020
Dec. 31, 2019
Derivatives, Fair Value [Line Items]    
Derivative assets $ 14 $ 17
Non-current derivative assets 11 32
Total derivative assets [1] 25 49
Derivative liabilities (11) (9)
Non-current derivative liabilities (35) (16)
Total derivative liabilities [1] (46) (25)
Derivative asset (liability), net [1] (21) 24
Derivative, collateral posted by us 4 2
Natural Gas Supply Agreement [Member]    
Derivatives, Fair Value [Line Items]    
Derivative asset (liability), net 0  
Derivative assets [Member]    
Derivatives, Fair Value [Line Items]    
Derivative assets [1] 14 17
Non-current derivative assets [Member]    
Derivatives, Fair Value [Line Items]    
Non-current derivative assets [1] 11 32
Derivative liabilities [Member]    
Derivatives, Fair Value [Line Items]    
Derivative liabilities [1] (11) (9)
Non-current derivative liabilities [Member]    
Derivatives, Fair Value [Line Items]    
Non-current derivative liabilities [1] $ (35) $ (16)
[1] Does not include collateral posted with counterparties by us of $4 million and $2 million for such contracts, which are included in other current assets in our Consolidated Balance Sheets as of December 31, 2020 and 2019, respectively. Includes a natural gas supply contract that SPL has with a related party, which had a fair value of zero as of December 31, 2020.