Cheniere Energy, Inc.

The following table summarizes the sources and uses of our cash, cash equivalents and restricted cash and cash equivalents (in millions). The table presents capital expenditures on a cash basis; therefore, these amounts differ from the amounts of capital expenditures, including accruals, which are referred to elsewhere in this report. Additional discussion of these items follows the table.

Operating Cash Flows

The $599 million increase between the periods was primarily related to increased cash receipts from the sale of LNG cargoes due to higher revenue from higher production volume, optimization activities and global LNG pricing, as explained above in Results of Operations, and to a lesser extent, an increase from changes in net working capital in the current period as compared to prior period due to differences in timing of payments to suppliers and cash collections from the sale of LNG cargoes. Partially offsetting the increased cash receipts were increased cash outflows for settlement of derivative instruments during the six months ended June 30, 2026 compared to cash provided by settlement of derivative instruments during the same period in 2025.

Investing Cash Flows

Our investing net cash outflows during the six months ended June 30, 2026 and 2025 primarily related to costs paid for the following projects, all exclusive of associated capitalized interest: (1) $829 million and $741 million, respectively, for the Corpus Christi Stage 3 Project; (2) $554 million and $547 million, respectively, for the CCL Midscale Trains 8 & 9 Project, primarily related to procurement and engineering, (3) $99 million for the SPL Expansion Project during the six months ended June 30, 2026, primarily related to procurement and work performed by Bechtel under the LNTP and (4) optimization and other site improvement projects during both periods. We expect to continue to incur capital expenditures for the Corpus Christi Stage 3 Project and the CCL Midscale Trains 8 & 9 Project as construction progresses on these projects, as well costs incurred for the early engineering and procurement for the SPL Expansion Project under the LNTP issued in May 2026.

Financing Cash Flows

The following table summarizes our financing activities (in millions):

Proceeds from Issuances of Debt and Borrowings

The following table shows the proceeds from issuances of debt and borrowings, including intra-period activity (in millions):

Redemptions and Repayments of Debt and Borrowings

The following table shows the redemptions and repayments of debt and borrowings, including intra-period activity (in millions):

Repurchase of Common Stock

During the six months ended June 30, 2026 and 2025, we paid $1.1 billion and $656 million to repurchase approximately 4.9 million and 3.0 million shares of our common stock, respectively, under our share repurchase program. Additionally, the Internal Revenue Service imposes an excise tax of 1% on the fair market value of our stock repurchases less our stock issuances, and we paid $33 million of such excise taxes during the six months ended June 30, 2025 related to our repurchases during the fiscal year 2023 and 2024 and paid $26 million of such excise taxes during the six months ended June 30, 2026 related to our repurchases during the fiscal year 2025. In February 2026, our Board approved an increase in our share repurchase authorization to approximately $10 billion from 2026 through 2030 with a $9 billion increase to the existing authorization. As of June 30, 2026, we had approximately $9.1 billion remaining under our share repurchase program.

Cash Dividends to Stockholders

During the six months ended June 30, 2026 and 2025, we paid dividends of $1.110 and $1.000 per share of common stock for a total of $233 million and $223 million, respectively.

On July 28, 2026, we declared a quarterly dividend of $0.555 per share of common stock that is payable on August 18, 2026 to stockholders of record as of the close of business on August 10, 2026.