Revenues (Tables)

9 Months Ended

Sep. 30, 2022

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue

The following table represents a disaggregation of revenue earned (in millions):

	Three Months Ended September 30,				Nine Months Ended September 30,
	2022		2021		2022		2021
Revenues from contracts with customers
LNG revenues	$	8,422	$	4,170	$	23,774	$	10,505
Regasification revenues	455		68		591		202
Other revenues	27		22		78		66
Total revenues from contracts with customers	8,904		4,260		24,443		10,773
Net derivative loss (1)	(186)		(1,092)		(325)		(1,515)
Other (2)	134		32		225		49
Total revenues	$	8,852	$	3,200	$	24,343	$	9,307

(1)See Note 6—Derivative Instruments for additional information about our derivatives.

(2)Includes revenues from LNG vessel subcharters. See Note 10—Leases for additional information about our subleases.

Contract Assets

The following table shows our contract assets, net of current expected credit losses, which are classified as contract assets and other non-current assets, net on our Consolidated Balance Sheets (in millions):

	September 30,		December 31,
	2022		2021
Contract assets, net of current expected credit losses	$	553	$	140

Contract Liabilities

The following table reflects the changes in our contract liabilities, which we classify as deferred revenue and other non-current liabilities on our Consolidated Balance Sheets (in millions):

	Nine Months Ended September 30, 2022
Deferred revenue, beginning of period	$	194
Cash received but not yet recognized in revenue	284
Revenue recognized from prior year end deferral	(194)
Deferred revenue, end of period	$	284

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:

	September 30, 2022			December 31, 2021
	Unsatisfied Transaction Price (in billions)		Weighted Average Recognition Timing (years) (1)	Unsatisfied Transaction Price (in billions)		Weighted Average Recognition Timing (years) (1)
LNG revenues	$	113.5	9	$	107.1	9
Regasification revenues	1.6		2	1.9		4
Total revenues	$	115.1		$	109.0

(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.