Quarterly report pursuant to Section 13 or 15(d)

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

v3.21.2
Derivative Instruments - Fair Value of Derivative Instruments by Balance Sheet Location (Details) - USD ($)
$ in Millions
Jun. 30, 2021
Dec. 31, 2020
Derivatives, Fair Value [Line Items]    
Current derivative assets $ 23 $ 14
Derivative assets 21 11
Total derivative assets [1] 44 25
Current derivative liabilities (21) (11)
Derivative liabilities (8) (35)
Total derivative liabilities [1] (29) (46)
Derivative asset (liability), net [1] 15 (21)
Derivative, collateral posted by us 16 4
Natural Gas Supply Agreement [Member]    
Derivatives, Fair Value [Line Items]    
Derivative asset (liability), net 0 0
Current Derivative Assets [Member]    
Derivatives, Fair Value [Line Items]    
Current derivative assets [1] 23 14
Derivative Assets [Member]    
Derivatives, Fair Value [Line Items]    
Derivative assets [1] 21 11
Current Derivative Liabilities [Member]    
Derivatives, Fair Value [Line Items]    
Current derivative liabilities [1] (21) (11)
Derivative Liabilities [Member]    
Derivatives, Fair Value [Line Items]    
Derivative liabilities [1] $ (8) $ (35)
[1] Does not include collateral posted with counterparties by us of $16 million and $4 million, which are included in other current assets in our Consolidated Balance Sheets as of June 30, 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 June 30, 2021 and December 31, 2020.