Cheniere Energy Partners, LP (CQP) financial statements (2020 and earlier)

Company profile

Business Address 700 MILAM ST.
HOUSTON, TX 77002
State of Incorp. DE
Fiscal Year End December 31
SIC 4924 - Natural Gas Distribution (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1,781   146249351
Cash and cash equivalents1,781   146249351
Restricted cash and investments1811,5411,589605275196 
Receivables2973481919020 
Inventory, net of allowances, customer advances and progress billings11699959717410
Inventory11699959717410
Derivative instruments and hedges, assets17      
Prepaid expense and other current assets6
Other current assets51266529   
Other undisclosed current assets2643421991375437246
Total current assets:2,7072,3562,139958493487613
Noncurrent Assets
Operating lease, right-of-use asset94
Property, plant and equipment16,36815,39015,13914,15811,9328,9786,384
Derivative instruments and hedges32313183301298
Regulated entity, other noncurrent assets      314
Restricted cash and investments    145441,025
Deferred costs    295242 
Other noncurrent assets168184206222200125 
Prepaid expense and other noncurrent assets76
Other undisclosed noncurrent assets15133812132 7
Total noncurrent assets:16,67715,61815,41414,58412,5039,9017,904
TOTAL ASSETS:19,38417,97417,55315,54212,99610,3888,517
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities749836649445241258180
Accounts payable4015122716910
Accrued liabilities709821637418224137170
Interest and dividends payable     113 
Deferred revenue155
Debt6  2241,676  
Derivative instruments and hedges, liabilities966 14623 
Due to related parties4649681001152046
Deferred revenue and credits11173272727
Other liabilities   0 014
Other undisclosed current liabilities1117111(113) 
Total current liabilities:9661,0688298562,066215266
Noncurrent Liabilities
Long-term debt and lease obligation17,66616,06616,04614,20910,1798,9916,576
Long-term debt, excluding current maturities17,57916,06616,04614,20910,1798,9916,576
Operating lease, liability87
Liabilities, other than long-term debt1718148131618
Deferred revenue and credits16101418
Other liabilities14100320
Derivative instruments and hedges, liabilities161432   
Total noncurrent liabilities:17,68316,08416,06014,21710,1919,0076,594
Total liabilities:18,64917,15216,88915,07312,2579,2226,860
Stockholders' equity
Other undisclosed liabilities and equity7358226644707391,1651,657
TOTAL LIABILITIES AND EQUITY:19,38417,97417,55315,54212,99610,3888,517

Income statement (P&L) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues6,8386,4264,3041,100270269268
Revenue, net4,3041,096433
Revenue from related parties1,312 
Cost of revenue
(Cost of Goods and Services Sold)
(3,374)(3,403)(2,320)(1)(18)(24)(27)
Gross profit:3,4643,0231,9841,099252244241
Operating expenses(4,798)(4,447)(3,148)(850)(267)(270)(301)
Other undisclosed operating income3,3743,4032,3201182427
Operating income (loss):2,0401,9791,1562503(1)(33)
Nonoperating expense(865)(705)(666)(422)(322)(409)(225)
Investment income, nonoperating 1446(42)(118)83
Interest and debt expense(885)(733)(67)(72)(96)(291)(310)
Net income (loss):290541423(243)(415)(701)(568)
Other undisclosed net income attributable to parent885733677296291310
Net income (loss) attributable to parent:1,1751,274490(171)(319)(410)(258)
Undistributed earnings (loss) allocated to participating securities, basic103(112)24
Net income (loss) available to common stockholders, diluted:1,2781,162514(171)(319)(410)(258)

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income (loss):290541423(243)(415)(701)(568)
Other comprehensive income      27
Comprehensive income (loss):290541423(243)(415)(701)(541)
Other undisclosed comprehensive income, net of tax, attributable to parent    96291310
Comprehensive income (loss), net of tax, attributable to parent:290541423(243)(319)(410)(231)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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