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
Sep. 30, 2021
Dec. 31, 2020
Derivatives, Fair Value [Line Items]    
Current derivative assets $ 44 $ 14
Derivative assets 25 11
Total derivative assets [1] 69 25
Current derivative liabilities (23) (11)
Derivative liabilities (13) (35)
Total derivative liabilities [1] (36) (46)
Derivative asset (liability), net [1] 33 (21)
Derivative, collateral posted by us 29 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] 44 14
Derivative Assets [Member]    
Derivatives, Fair Value [Line Items]    
Derivative assets [1] 25 11
Current Derivative Liabilities [Member]    
Derivatives, Fair Value [Line Items]    
Current derivative liabilities [1] (23) (11)
Derivative Liabilities [Member]    
Derivatives, Fair Value [Line Items]    
Derivative liabilities [1] $ (13) $ (35)
[1] Does not include collateral posted with counterparties by us of $29 million and $4 million, which are included in other current assets in our Consolidated Balance Sheets as of September 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 September 30, 2021 and December 31, 2020.