Quarterly report pursuant to Section 13 or 15(d)

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

v3.21.1
Derivative Instruments - Fair Value of Derivative Instruments by Balance Sheet Location (Details) - USD ($)
$ in Millions
Mar. 31, 2021
Dec. 31, 2020
Derivatives, Fair Value [Line Items]    
Derivative assets $ 16 $ 14
Non-current derivative assets 9 11
Total derivative assets [1] 25 25
Derivative liabilities (26) (11)
Non-current derivative liabilities (42) (35)
Total derivative liabilities [1] (68) (46)
Derivative liability, net [1] (43) (21)
Derivative, collateral posted by us 11 4
Natural Gas Supply Agreement [Member]    
Derivatives, Fair Value [Line Items]    
Derivative liability, net 0 0
Derivative assets [Member]    
Derivatives, Fair Value [Line Items]    
Derivative assets [1] 16 14
Non-current derivative assets [Member]    
Derivatives, Fair Value [Line Items]    
Non-current derivative assets [1] 9 11
Derivative liabilities [Member]    
Derivatives, Fair Value [Line Items]    
Derivative liabilities [1] (26) (11)
Non-current derivative liabilities [Member]    
Derivatives, Fair Value [Line Items]    
Non-current derivative liabilities [1] $ (42) $ (35)
[1] Does not include collateral posted with counterparties by us of $11 million and $4 million, which are included in other current assets in our Consolidated Balance Sheets as of March 31, 2021 and December 31, 2020, respectively. Includes a natural gas supply contract that SPL has with a related party, which had a fair value of zero as of both March 31, 2021 and December 31, 2020.