Cheniere Energy Partners, L.P. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Revenues from Contracts with Customers (Tables)

Unsatisfied

Transaction Price

(in billions)

Weighted Average Recognition Timing (years) (1)

LNG revenues

Regasification revenues

Total revenues

Revenues from Contracts with Customers (Tables)

3 Months Ended

Mar. 31, 2018

Revenue from Contract with Customer [Abstract]

The following table represents a disaggregation of revenue earned from contracts with customers during the three months ended March 31, 2018 and 2017 (in millions):



	Three Months Ended March 31,
	2018		2017
LNG revenues	$	996	$	485
LNG revenues—affiliate	503		331
Regasification revenues	65		65
Other revenues	10		2
Other revenues—affiliate	—		1
Total revenues from customers	1,574		884
Revenues from derivative instruments	19		7
Total revenues	$	1,593	$	891

Contract Balances Reconciliation

The following table reflects the changes in our contract liabilities, which we classify as “Deferred revenue” (in millions):



	Three Months Ended March 31,
	2018			2017
Deferred revenues, beginning of period	$	111		$	73
Cash received but not yet recognized	95			61
Revenue recognized from prior period deferral	(111		)	(71		)
Deferred revenues, end of period	$	95		$	63

Transaction Price Allocated to Future Performance Obligations

The following table discloses the aggregate amount of the transaction price that is allocated to performance obligations that have not yet been satisfied as of March 31, 2018:


(1)	The weighted average recognition timing represents an estimate of the number of years during which we shall have recognized half of the unsatisfied transaction price.