v3.25.3
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 1,879 $ 3,608
Restricted cash 334 169
Accounts receivable 633 364
Inventory, net 227 171
Derivative assets 90 154
Prepaid expenses and other current assets 95 93
Total current assets 3,258 4,559
Property, plant and equipment, net 43,258 34,675
Right-of-use assets 760 602
Noncurrent restricted cash 1,329 837
Deferred financing costs 510 384
Noncurrent derivative assets 384 1,482
Other noncurrent assets 580 952
TOTAL ASSETS 50,079 43,491
Current liabilities    
Accounts payable 947 1,536
Accrued and other liabilities 2,120 1,816
Current portion of long-term debt, net 856 190
Total current liabilities 3,923 3,542
Long-term debt, net 31,743 29,086
Noncurrent operating lease liabilities 708 536
Deferred tax liabilities, net 2,024 1,637
Other noncurrent liabilities 860 794
Total liabilities 39,258 35,595
Commitments and contingencies (Note 14)
Redeemable stock of subsidiary 1,650 1,529
Venture Global, Inc. stockholders' equity    
Additional paid in capital 2,214 512
Retained earnings 3,694 2,611
Accumulated other comprehensive loss (240) (249)
Total Venture Global, Inc. stockholders' equity 5,692 2,897
Non-controlling interests 3,479 3,470
Total equity 9,171 6,367
TOTAL LIABILITIES AND EQUITY 50,079 43,491
Class A common stock, par value $0.01 per share (477 million and 2,350 million shares issued and outstanding as of September 30, 2025 and December 31, 2024, respectively)    
Venture Global, Inc. stockholders' equity    
Common stock 4 23
Class B common stock, par value $0.01 per share (1,969 million and 0 shares issued and outstanding as of September 30, 2025 and December 31, 2024, respectively)    
Venture Global, Inc. stockholders' equity    
Common stock $ 20 $ 0