v3.26.1
Revenue from Contracts with Customers
 6 Months Ended
Jun. 30, 2026
Revenue from Contract with Customer [Abstract]  
Revenue from Contracts with Customers Revenue from Contracts with Customers
The following table summarizes the disaggregation of revenue earned from contracts with customers:

Three months ended
June 30,		Six months ended
June 30,
2026202520262025
LNG revenue$4,556 $3,080 $9,131 $5,960 
Other revenue22 21 46 35 
Total revenue$4,578 $3,101 $9,177 $5,995 
Transaction price allocated to future performance obligations

Because many of the Company's sales contracts have long-term durations, the Company is contractually entitled to significant future consideration which it has not yet recognized as revenue. The following table discloses the aggregate amount of the transaction price, including variable consideration, that is allocated to performance obligations for legally enforceable sales agreements that have not yet been satisfied, excluding all performance obligations of contracts that have an expected duration of one year or less (dollar amounts in billions):

June 30, 2026
Unsatisfied transaction price(a)
Weighted average recognition timing
(in years)
LNG revenue$334.9 19.3 years
____________
(a)    A portion of the transaction price is based on the forecasted Henry Hub index as of June 30, 2026.
Significant judgments were made when estimating the transaction price allocated to future performance obligations. These include (i) the best estimate of when the Company's respective projects will reach COD and the post-COD SPAs will commence, which is currently expected to occur in 2026 and 2027 for Phases 1 and 2 of the Plaquemines Project, respectively, and 2029 and 2030 for Phases 1 and 2 of the CP2 Project, respectively, and (ii) reductions to the transaction price to reflect management's best estimate of variable consideration. This variable consideration relates to the pending disputes with Calcasieu Project post-COD SPA customers who are asserting that the Calcasieu Project was delayed in declaring COD under the respective post-COD SPAs.