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 $1.6 billion increase between the periods was primarily related to favorable changes in net operating assets and liabilities in the current period as compared to prior period, largely due to differences in timing of payments to suppliers and cash collections from the sale of LNG cargoes, and to a lesser extent, increased cash receipts from the sale of LNG cargoes due to higher revenue from higher global LNG pricing and increased production volume, as explained above in Results of Operations. Partially offsetting the increase was a decrease due to cash outflows for settlement of derivative instruments during the nine months ended September 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 nine months ended September 30, 2026 and 2025 primarily related to costs paid for the following projects, excluding associated capitalized interest: (1) $1.1 billion in each period for the Corpus Christi Stage 3 Project; (2) $709 million and $750 million, respectively, for the CCL Midscale Trains 8 & 9 Project, (3) $203 million for the SPL Expansion Project during the nine months ended September 30, 2026, primarily related to procurement activities and work performed by Bechtel under the LNTPs; (4) $245 million and $82 million, respectively, for the Gregory Power Plant, primarily related to procurement activities and facility enhancements to support the increased power requirements associated with additional Trains at the Corpus Christi LNG Terminal; and (5) optimization and other site improvement projects during both periods. We expect to continue to incur capital expenditures as construction progresses on the CCL Midscale Trains 8 & 9 Project, for engineering and procurement activities under the SPL Expansion Project LNTPs and for ongoing procurement activities and facility enhancements at the Gregory Power Plant.

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 nine months ended September 30, 2026 and 2025, we paid $1.8 billion and $1.7 billion to repurchase approximately 7.7 million and 7.4 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 nine months ended September 30, 2025 related to our repurchases during the fiscal year 2023 and 2024 and paid $26 million of such excise taxes during the nine months ended September 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 September 30, 2026, we had approximately $8.4 billion remaining under our share repurchase program.

Cash Dividends to Stockholders

During the nine months ended September 30, 2026 and 2025, we paid dividends of $1.665 and $1.500 per share of common stock for a total of $347 million and $332 million, respectively.

In October 2026, we declared a quarterly dividend of $0.625 per share of common stock that is payable on November 17, 2026 to stockholders of record as of the close of business on November 9, 2026.