Cheniere Energy Inc
For the period ended Mar 31, 2024. Filed May 3, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 3, 2024
LNG$277.95-0.6%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Cash Flows
(in millions)
| Three Months Ended March 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Cash flows from operating activities | ||
| Net income | $839 | $6,435 |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||
| Unrealized foreign currency exchange loss (gain), net | 3 | (2) |
| Depreciation and amortization expense | 302 | 297 |
| Share-based compensation expense | 40 | 49 |
| Amortization of discount and debt issuance costs | 10 | 12 |
| Reduction of right-of-use assets | 163 | 161 |
| Gain on modification or extinguishment of debt | — | (20) |
| Total losses (gains) on derivative instruments, net | 258 | (4,641) |
| Net cash provided by (used for) settlement of derivative instruments | 24 | (31) |
| Deferred taxes | (6) | 1,232 |
| Other, net | 2 | 1 |
| Changes in operating assets and liabilities: | ||
| Trade and other receivables | 430 | 1,016 |
| Inventory | 81 | 361 |
| Margin deposits | (17) | 71 |
| Other current assets, net | 14 | 31 |
| Accounts payable and accrued liabilities | (714) | (1,277) |
| Total deferred revenue | (42) | (126) |
| Total operating lease liabilities | (148) | (154) |
| Other, net | 7 | 6 |
| Net cash provided by operating activities | 1,246 | 3,421 |
| Cash flows from investing activities | ||
| Property, plant and equipment, net | (650) | (712) |
| Investment in equity method investments | (3) | (10) |
| Other, net | (13) | (5) |
| Net cash used in investing activities | (666) | (727) |
| Cash flows from financing activities | ||
| Proceeds from issuances of debt | 1,497 | — |
| Redemptions, repayments and repurchases of debt | (150) | (896) |
| Distributions to non-controlling interest | (253) | (261) |
| Payments related to tax withholdings for share-based compensation | (40) | (55) |
| Repurchase of common stock | (1,189) | (450) |
| Dividends to stockholders | (105) | (99) |
| Other, net | (24) | 21 |
| Net cash used in financing activities | (264) | (1,740) |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash and cash equivalents | (3) | 2 |
| Net increase in cash, cash equivalents and restricted cash and cash equivalents | 313 | 956 |
| Cash, cash equivalents and restricted cash and cash equivalents—beginning of period | 4,525 | 2,487 |
| Cash, cash equivalents and restricted cash and cash equivalents—end of period | $4,838 | $3,443 |
Balances per Consolidated Balance Sheet:
| March 31, 2024 | |
|---|---|
| Cash and cash equivalents | $4,411 |
| Restricted cash and cash equivalents | 427 |
| Total cash, cash equivalents and restricted cash and cash equivalents | $4,838 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.