v3.25.3
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
shares in Millions, $ in Millions
Total
Venture Global LNG, Inc (VGLNG)
Class A common stock
Class B common stock
Total stockholders' equity
Common stock
Class A common stock
Common stock
Class B common stock
Additional paid in capital
Retained earnings
Accumulated other comprehensive loss
Non-controlling interests
Balance (in shares) at Dec. 31, 2023           2,350 0        
Balance at Dec. 31, 2023         $ 1,510 $ 23 $ 0 $ 519 $ 1,228 $ (260) $ 575
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income         648       648   15
Stock-based compensation         (13)     (13)      
Subsidiary distributions                     (15)
Other comprehensive income (loss)         3         3  
Balance (in shares) at Mar. 31, 2024           2,350 0        
Balance at Mar. 31, 2024         2,148 $ 23 $ 0 506 1,876 (257) 575
Balance (in shares) at Dec. 31, 2023           2,350 0        
Balance at Dec. 31, 2023         1,510 $ 23 $ 0 519 1,228 (260) 575
Balance (in shares) at Sep. 30, 2024           2,350 0        
Balance at Sep. 30, 2024         1,952 $ 23 $ 0 508 1,673 (252) 3,475
Balance (in shares) at Mar. 31, 2024           2,350 0        
Balance at Mar. 31, 2024         2,148 $ 23 $ 0 506 1,876 (257) 575
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income         303       303   14
Stock-based compensation         (4)     (4)      
Subsidiary distributions                     (14)
Other comprehensive income (loss)         3         3  
Balance (in shares) at Jun. 30, 2024           2,350 0        
Balance at Jun. 30, 2024         2,450 $ 23 $ 0 502 2,179 (254) 575
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income         (346)       (346)   15
Stock-based compensation         6     6      
Dividends declared on common stock         (160)       (160)    
Subsidiary distributions                     (15)
Other comprehensive income (loss)         2         2  
Issuance of VGLNG Preferred Shares, net                     2,900
Balance (in shares) at Sep. 30, 2024           2,350 0        
Balance at Sep. 30, 2024         1,952 $ 23 $ 0 508 1,673 (252) 3,475
Balance (in shares) at Dec. 31, 2024     2,350 0   2,350 0        
Balance at Dec. 31, 2024 $ 6,367       2,897 $ 23 $ 0 512 2,611 (249) 3,470
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income         396       396   83
Stock-based compensation         (17)     (17)      
Subsidiary dividends         (68)       (68)    
Subsidiary distributions                     (82)
Other comprehensive income (loss)         3         3  
Conversion of Class A common stock to Class B common stock (in shares)           (1,969) 1,969        
Conversion of Class A common stock to Class B common stock         0 $ (20) $ 20        
Issuance of Class A common stock, net (in shares)           70          
Issuance of Class A common stock, net         1,670 $ 1   1,669      
Balance (in shares) at Mar. 31, 2025           451 1,969        
Balance at Mar. 31, 2025         4,881 $ 4 $ 20 2,164 2,939 (246) 3,471
Balance (in shares) at Dec. 31, 2024     2,350 0   2,350 0        
Balance at Dec. 31, 2024 6,367       2,897 $ 23 $ 0 512 2,611 (249) 3,470
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Subsidiary dividends   $ (270)                  
Balance (in shares) at Sep. 30, 2025     477 1,969   477 1,969        
Balance at Sep. 30, 2025 9,171       5,692 $ 4 $ 20 2,214 3,694 (240) 3,479
Balance (in shares) at Mar. 31, 2025           451 1,969        
Balance at Mar. 31, 2025         4,881 $ 4 $ 20 2,164 2,939 (246) 3,471
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income         368       368   68
Stock-based compensation (in shares)           5          
Stock-based compensation         16     16      
Subsidiary distributions                     (2)
Other comprehensive income (loss)         4         4 (1)
Balance (in shares) at Jun. 30, 2025           456 1,969        
Balance at Jun. 30, 2025         5,269 $ 4 $ 20 2,180 3,307 (242) 3,536
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income         429       429   77
Stock-based compensation (in shares)           21          
Stock-based compensation         34     34      
Dividends declared on common stock         (42)       (42)    
Subsidiary dividends   $ (135)                  
Subsidiary distributions                     (135)
Other comprehensive income (loss)         2         2 1
Balance (in shares) at Sep. 30, 2025     477 1,969   477 1,969        
Balance at Sep. 30, 2025 $ 9,171       $ 5,692 $ 4 $ 20 $ 2,214 $ 3,694 $ (240) $ 3,479