Quarterly report pursuant to Section 13 or 15(d)

Property, Plant and Equipment (Tables)

v3.21.1
Property, Plant and Equipment (Tables)
3 Months Ended
Mar. 31, 2021
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment
As of March 31, 2021 and December 31, 2020, property, plant and equipment, net consisted of the following (in millions):
March 31, December 31,
2021 2020
LNG terminal costs    
LNG terminal and interconnecting pipeline facilities $ 16,909  $ 16,908 
LNG terminal construction-in-process 2,300  2,154 
Accumulated depreciation (2,481) (2,344)
Total LNG terminal costs, net 16,728  16,718 
Fixed assets    
Fixed assets 30  29 
Accumulated depreciation (24) (24)
Total fixed assets, net
Property, plant and equipment, net $ 16,734  $ 16,723 
Schedule of Depreciation and Offsets to LNG Terminal Costs
The following table shows depreciation expense during the three months ended March 31, 2021 and 2020 (in millions):
Three Months Ended March 31,
2021 2020
Depreciation expense $ 138  $ 137