Non-Controlling Interest and Variable Interest Entities (Tables)

12 Months Ended

Dec. 31, 2025

Noncontrolling Interest and Variable Interest Entity [Line Items]

Condensed Balance Sheet of Cheniere Partners

The following table presents the summarized consolidated assets and liabilities (in millions) of our consolidated VIEs, which are included in our Consolidated Balance Sheets. The assets in the table below may only be used to settle obligations of the respective VIEs. In addition, there is no recourse to us for the consolidated VIEs’ liabilities. The assets and liabilities in the table below exclude intercompany balances between the respective VIEs and Cheniere that eliminate in our Consolidated Financial Statements.


	December 31,

	2025		2024
ASSETS
Current assets
Cash and cash equivalents	$	182	$	270
Restricted cash and cash equivalents	22		125
Trade and other receivables, net of current expected credit losses	512		381
Inventory	186		154
Current derivative assets	—		84
Margin deposits	11		13
Other current assets, net	55		54
Total current assets	968		1,081


Property, plant and equipment, net of accumulated depreciation	15,397		15,880
Operating lease assets	77		80
Derivative assets	541		98
Other non-current assets, net	287		206

Total assets	$	17,270	$	17,345

LIABILITIES
Current liabilities
Accounts payable	$	58	$	70
Accrued liabilities	1,000		881
Current debt, net of unamortized discount and debt issuance costs	306		351
Deferred revenue	119		120
Current operating lease liabilities	5		4
Current derivative liabilities	164		250
Other current liabilities	11		16

Total current liabilities	1,663		1,692

Long-term debt, net of unamortized discount and debt issuance costs	14,161		14,761
Operating lease liabilities	73		76

Derivative liabilities	900		1,213
Other non-current liabilities	159		176
Total liabilities	$	16,956	$	17,918

Cheniere Energy, Inc. 10-K