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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenues        
Revenues $ 1,894 $ 1,933 $ 4,189 $ 4,850
Operating costs and expenses        
Cost of sales 661 604 1,629 934
Operating and maintenance expense 265 315 521 581
General and administrative expense 26 27 51 52
Depreciation and amortization expense 170 167 338 334
Other operating costs and expenses 6 2 9 2
Total operating costs and expenses 1,128 1,115 2,548 1,903
Income from operations 766 818 1,641 2,947
Other income (expense)        
Interest expense, net of capitalized interest (202) (207) (404) (415)
Loss on modification or extinguishment of debt (3) (2) (3) (2)
Interest and dividend income 9 13 18 27
Total other expense (196) (196) (389) (390)
Net income $ 570 $ 622 $ 1,252 $ 2,557
Basic and diluted net income per common unit [1] $ 0.95 $ 0.84 $ 2.13 $ 4.35
Weighted average basic and diluted number of common units outstanding 484.0 484.0 484.0 484.0
Nonrelated Party [Member]        
Operating costs and expenses        
Cost of sales $ 661 $ 603 $ 1,625 $ 916
Operating and maintenance expense 210 263 410 469
General and administrative expense 3 3 6 6
Other operating costs and expenses 5 2 8 2
Affiliate [Member]        
Operating costs and expenses        
Cost of sales 0 1 4 18
Operating and maintenance expense 39 38 82 82
General and administrative expense 23 24 45 46
Other operating costs and expenses 1 0 1 0
Related Party [Member]        
Operating costs and expenses        
Operating and maintenance expense 16 14 29 30
LNG [Member]        
Revenues        
Revenues 1,845 1,884 4,089 4,751
LNG [Member] | Nonrelated Party [Member]        
Revenues        
Revenues 1,454 1,415 3,174 3,521
LNG [Member] | Affiliate [Member]        
Revenues        
Revenues 391 469 915 1,230
Regasification [Member]        
Revenues        
Revenues 34 33 68 67
Other [Member]        
Revenues        
Revenues $ 15 $ 16 $ 32 $ 32
[1] In computing basic and diluted net income per common unit, net income is reduced by the amount of undistributed net income allocated to participating securities other than common units, as required under the two-class method. See Note 11—Net Income per Common Unit.