CHENIERE ENERGY, INC. LNG Income Statement

Cheniere energy, inc. (LNG)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10
Revenues
Revenues
10,178	9,730	9,106	8,755	8,006	7,987	7,350	6,934	6,632	5,601	4,427	3,489	2,425	1,283	779	380	271	271	268	269	268	267	268	269	268	267	268	266	261	266	271	271	281	290	286	288	0	0	0
LNG terminal revenues
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	266	266	265	265	265	265	264	265	267	270	271	274	271	269	0	0	0
Marketing and trading revenues (losses)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	1	1	0	0	0	-4	-1	1	-0	7	13	11	15	0	0	0
Revenues from contracts with customers
9,501	9,157	8,627	8,381	7,807	7,896	7,080	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating costs and expenses
Cost of Goods and Services Sold
-	-	-	5,027	-	-	-	3,855	3,674	-	2,369	1,798	1,191	582	360	82	-0	-15	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of sales—related party
-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of sales (excluding items shown separately below)
0	-	0	-	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Oil and gas production and exploration costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Operating and maintenance expense
1,249	1,154	980	842	694	613	594	538	508	446	382	329	258	216	166	123	95	95	87	95	106	84	81	85	86	88	90	0	0	-	0	-	-	-	-	-	-	0	0
LNG terminal and pipeline operating expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	38	36	0	0	0
Development expense
12	9	7	7	7	7	9	10	8	10	9	8	8	7	9	12	27	42	53	59	58	54	49	49	55	60	61	62	61	66	62	61	54	40	37	27	0	0	0
Selling, general and administrative expense
318	310	297	299	295	289	291	281	269	256	242	237	248	260	330	368	384	363	337	314	294	323	322	305	372	384	309	332	217	152	151	88	86	88	72	72	0	0	0
Marketing expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation, Depletion and Amortization
883	794	677	577	484	449	437	416	395	356	320	277	220	174	129	102	89	83	74	69	66	64	64	63	61	61	64	64	65	66	64	64	64	63	62	63	0	0	0
Restructuring expense
-	-	-	-	-	-	-	-	-	6	18	44	60	61	49	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment expense and loss on disposal of assets
-26	-23	-7	-14	-10	-8	-17	-3	0	-	0	0	-	-13	100	100	100	91	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	13	13	13	13	0	0	0	0	0	0	0	0	-1	0	0	0	2	0	0	0	-
Total operating costs and expenses
7,077	7,369	7,245	6,776	6,123	5,963	5,401	5,113	4,873	4,213	3,358	2,702	1,988	1,313	1,172	840	751	720	577	587	553	540	518	503	577	595	533	540	405	342	323	258	246	232	0	0	0	-	-
Income from operations
3,101	2,361	1,861	1,979	1,883	2,024	1,949	1,821	1,759	1,388	1,069	787	437	-30	-392	-459	-479	-449	-309	-318	-284	-272	-249	-234	-308	-328	-265	-274	-144	-75	-52	12	35	58	72	87	0	0	0
Other income (expense)
Interest Expense
1,597	1,432	1,236	1,062	906	875	861	826	798	747	697	659	577	488	413	358	338	322	288	242	200	181	174	180	178	178	175	168	182	200	225	244	253	259	257	259	0	0	0
Gains (Losses) on Modification or Extinguishment of Debt
-56	-55	-39	-27	0	-	0	0	-	-100	-152	-153	-176	-135	-110	-84	-36	-124	-96	-96	-203	-114	-114	-194	0	-	0	0	-	-57	-15	-15	-0	0	0	1	0	0	0
Gain on sale of equity method investment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Interest rate derivative loss, net
-307	-134	-262	-161	-55	57	176	151	83	7	195	227	172	-10	-203	-395	-258	-204	-272	-105	-211	-119	-62	-90	65	82	56	78	-16	0	-1	-2	-3	-2	-1	-0	0	0	0
Other income, net
-32	-25	-22	63	57	48	39	28	23	18	17	13	1	0	-4	-4	2	2	0	-0	-0	-0	0	0	0	1	1	-11	-11	-11	-11	0	0	0	0	0	0	0	0
Total other expense
-1,992	-1,646	-1,547	-1,172	-931	-797	-673	-687	-750	-822	-637	-572	-580	-633	-732	-843	-630	-648	-657	-443	-615	-415	-402	-435	-243	-226	-241	-224	-267	-269	-253	-261	-256	-261	-258	-132	0	0	0
Income before income taxes and non-controlling interest
1,109	715	314	807	952	1,227	1,276	1,134	1,009	566	432	215	-143	-663	-1,125	-1,303	-1,109	-1,097	-966	-762	-900	-687	-651	-669	-551	-554	-507	-498	-411	-345	-305	-248	-221	-203	-185	-45	0	0	0
Income Tax Expense (Benefit)
-389	-517	12	18	15	27	19	14	18	3	-1	3	1	2	1	-0	0	0	2	4	4	4	3	3	4	4	2	0	-0	0	0	0	0	0	0	0	0	0	0
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
1,498	1,232	302	789	937	1,200	1,257	1,120	991	563	433	212	-144	-665	-1,127	-1,303	-1,110	-1,097	-968	-766	-905	-691	-655	-673	-556	-558	-509	-499	-411	-345	-305	-249	-221	-203	-185	-45	0	0	0
Less: net income attributable to non-controlling interest
616	584	526	630	682	729	726	943	1,081	956	843	434	91	-55	-116	-95	-81	-122	-126	-132	-187	-143	-131	-137	-67	-50	-42	-24	-17	-12	-9	-8	-6	-4	-4	-3	0	0	0
Net income attributable to common stockholders
882	648	-224	159	255	471	531	177	-90	-393	-410	-222	-235	-610	-1,010	-1,207	-1,028	-975	-842	-634	-717	-547	-524	-535	-488	-507	-467	-475	-393	-332	-296	-241	-215	-198	-181	-41	0	0	0
Net loss per share attributable to common stockholdersbasic and diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.44	-1.31	-1.41	-1.29	-1.31	-0.52	-1.18	-0.70	-0.40	-0.90	-0.44	-0.61	-0.46	-0.71	-0.54	-0.45	-0.52	-0.43	-0.43	-0.66	-0.67	-0.67	-0.60	-	-
Net income (loss) per share attributable to common stockholders—basic
1.48	3.67	-1.25	-0.44	0.55	0.21	0.26	-0.07	1.52	0.56	-1.24	-1.23	0.23	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.73	1.55
Net income (loss) per share attributable to common stockholders—diluted
1.43	3.66	-1.25	-0.44	0.54	0.21	0.26	-0.07	1.50	0.56	-1.24	-1.23	0.23	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.73	0.86
Weighted average number of common shares outstanding—basic
253	254	256	257	257	256	247	242	235	234	232	232	232	-	-	-	228	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	55	55
Weighted average number of common shares outstanding—diluted
299	260	256	257	258	261	250	242	238	234	232	232	232	-	-	-	228	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	55	116
Weighted average number of common shares outstandingbasic and diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	228	228	-	227	227	226	226	226	224	223	223	221	220	217	215	216	208	171	131	87	80	70	66	-	-
LNG [Member]
Revenues
9,671	9,246	8,620	8,280	7,549	7,572	6,998	6,611	6,340	5,317	4,150	3,217	2,156	1,016	513	113	2	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	0	-	2	3	0	0	0
Revenues from contracts with customers
9,153	8,817	8,270	8,051	7,487	7,581	6,799	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other [Member]
Revenues
240	218	223	212	196	154	0	0	0	-	-	12	10	-	12	11	12	12	5	4	3	2	1	1	1	1	2	1	1	1	3	2	2	2	0	0	0	0	0
Revenues from contracts with customers
81	74	94	67	59	54	18	37	28	-	15	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Regasification [Member]
Revenues from contracts with customers
267	266	264	264	262	261	261	260	260	260	260	259	259	259	253	255	257	259	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other, Related Party [Member]
Revenues from contracts with customers
-	-	-	-	-	-	-	-	4	-	2	1	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-