Cheniere Corpus Christi 10-Q9 May 192019 Q1 Quarterly reportFinancial data

Company Profile

Document and Entity Information

Document and Entity Information	3 Months Ended
Document and Entity Information	Mar. 31, 2019shares
Document and Entity Information [Abstract]
Document Type	10-Q
Document Period End Date	Mar. 31, 2019
Entity File Number	333-215435
Entity Registrant Name	Cheniere Corpus Christi Holdings, LLC
Entity Central Index Key	0001693317
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	Q1
Entity Current Reporting Status	No
Entity Filer Category	Non-accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Common Stock, Shares Outstanding	0

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018	Mar. 31, 2018	Dec. 31, 2017
Current assets
Cash and cash equivalents	$ 0	$ 0
Restricted cash	217,706	289,141
Receivables	15,584	24,989
Accounts receivable—affiliate	43,825	21,060
Advances to affiliate	78,498	94,397
Inventory	61,508	26,198
Derivative assets	11,983	17,759
Other current assets	9,506	15,217
Other current assets—affiliate	43	633
Total current assets	438,653	489,394
Property, plant and equipment, net	11,620,073	11,138,825
Debt issuance and deferred financing costs, net	27,018	38,012
Non-current derivative assets	5,757	22,413
Other non-current assets, net	40,019	31,709
Total assets	12,131,520	11,720,353
Current liabilities
Accounts payable	20,797	16,202
Accrued liabilities	306,932	162,205
Accrued liabilities—related party	5,040	0
Current debt	0	168,000
Due to affiliates	17,002	25,086
Derivative liabilities	1,493	13,576
Other current liabilities	1,104	0
Other current liabilities—affiliate	897	0
Total current liabilities	353,265	385,069
Long-term debt, net	9,733,258	9,245,552
Non-current derivative liabilities	28,835	8,595
Other non-current liabilities	5,457	0
Other non-current liabilities—affiliate	835	0
Member’s equity	2,009,870	2,081,137	$ 1,921,968	$ 1,667,276
Total liabilities and member’s equity	$ 12,131,520	$ 11,720,353

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Revenues
Revenues	$ 106,081	$ 0
Operating costs and expenses
Cost of sales (excluding depreciation and amortization expense shown separately below)	59,341	116
Cost of sales—related party	9,711	0
Operating and maintenance expense	31,855	850
Operating and maintenance expense—affiliate	5,247	466
Development expense	0	34
General and administrative expense	1,537	850
General and administrative expense—affiliate	1,155	403
Depreciation and amortization expense	22,324	371
Impairment expense and loss on disposal of assets	313	0
Total operating costs and expenses	131,483	3,090
Loss from operations	(25,402)	(3,090)
Other income (expense)
Interest expense, net of capitalized interest	(11,758)	0
Derivative gain (loss), net	(35,087)	68,849
Other income (expense)	970	(67)
Total other income (expense)	(45,875)	68,782
Net income (loss)	(71,277)	65,692
LNG [Member]
Revenues
Revenues	13,056	0
LNG—affiliate [Member]
Revenues
Revenues from contracts with customers	$ 93,025	$ 0

Consolidated Statements of Memb

Consolidated Statements of Member's Equity - USD ($) $ in Thousands	Total	Cheniere CCH HoldCo I, LLC [Member]
Member's equity, beginning of period at Dec. 31, 2017	$ 1,667,276	$ 1,667,276
Increase (Decrease) in Partners' Capital [Roll Forward]
Capital contributions	189,000	189,000
Net income (loss)	65,692	65,692
Member's equity, end of period at Mar. 31, 2018	1,921,968	1,921,968
Member's equity, beginning of period at Dec. 31, 2018	2,081,137	2,081,137
Increase (Decrease) in Partners' Capital [Roll Forward]
Capital contributions	10	10
Net income (loss)	(71,277)	(71,277)
Member's equity, end of period at Mar. 31, 2019	$ 2,009,870	$ 2,009,870

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Cash flows from operating activities
Net income (loss)	$ (71,277)	$ 65,692
Adjustments to reconcile net income (loss) to net cash used in operating activities:
Depreciation and amortization expense	22,324	371
Amortization of debt issuance costs	694	0
Total losses (gains) on derivatives, net	28,223	(68,733)
Net cash provided by (used for) settlement of derivative instruments	2,366	(6,292)
Impairment expense and loss on disposal of assets	313	0
Other	353	0
Changes in operating assets and liabilities:
Accounts receivable	(15,526)	0
Accounts receivable—affiliate	(43,817)	0
Inventory	(29,051)	(77)
Accounts payable and accrued liabilities	97,449	(345)
Accrued liabilities—related party	5,041	0
Due to affiliates	1,062	(147)
Advances to affiliate	(26,985)	0
Other, net	7,030	(66)
Other, net—affiliate	(14)	(5)
Net cash used in operating activities	(21,815)	(9,602)
Cash flows from investing activities
Property, plant and equipment, net	(370,409)	(589,061)
Other	(2,062)	0
Net cash used in investing activities	(372,471)	(589,061)
Cash flows from financing activities
Proceeds from issuances of debt	692,000	266,000
Repayments of debt	(369,000)	0
Debt issuance and deferred financing costs	(159)	(129)
Capital contributions	10	189,000
Net cash provided by financing activities	322,851	454,871
Net decrease in cash, cash equivalents and restricted cash	(71,435)	(143,792)
Cash, cash equivalents and restricted cash—beginning of period	289,141	226,559
Cash, cash equivalents and restricted cash—end of period	$ 217,706	$ 82,767

Consolidated Statements of Ca_2

Consolidated Statements of Cash Flows - Balances per Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018	Mar. 31, 2018	Dec. 31, 2017
Balances per Consolidated Balance Sheets:
Cash and cash equivalents	$ 0	$ 0
Restricted cash	217,706	289,141
Total cash, cash equivalents and restricted cash	$ 217,706	$ 289,141	$ 82,767	$ 226,559

Nature of Operations and Basis

Nature of Operations and Basis of Presentation	3 Months Ended
Nature of Operations and Basis of Presentation	Mar. 31, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Nature of Operations and Basis of Presentation	NATURE OF OPERATIONS AND BASIS OF PRESENTATION We are developing and constructing natural gas liquefaction and export facilities at the Corpus Christi LNG terminal (the “Liquefaction Facilities”) near Corpus Christi, Texas and a 23 -mile natural gas supply pipeline that interconnects the Corpus Christi LNG terminal with several interstate and intrastate natural gas pipelines (the “Corpus Christi Pipeline” and together with the Liquefaction Facilities, the “Liquefaction Project”) through our wholly owned subsidiaries CCL and CCP, respectively. The Liquefaction Project is being developed in stages with the first phase being three Trains (“Phase 1”). The first stage includes Trains 1 and 2 , two LNG storage tanks, one complete marine berth and a second partial berth and all of the Liquefaction Project ’s necessary infrastructure facilities (“Stage 1”) . The second stage includes Train 3, one LNG storage tank and the completion of the second partial berth (“Stage 2”) . Train 1 is operational, Train 2 is undergoing commissioning and Train 3 is under construction. Basis of Presentation The accompanying unaudited Consolidated Financial Statements of CCH have been prepared in accordance with GAAP for interim financial information and with Rule 10-01 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements and should be read in conjunction with the Consolidated Financial Statements and accompanying notes included in our annual report on Form 10-K for the year ended December 31, 2018 . In our opinion, all adjustments, consisting only of normal recurring adjustments necessary for a fair presentation, have been included. Certain reclassifications have been made to conform prior period information to the current presentation. The reclassifications did not have a material effect on our consolidated financial position, results of operations or cash flows. Results of operations for the three months ended March 31, 2019 are not necessarily indicative of the results of operations that will be realized for the year ending December 31, 2019 . We are a disregarded entity for federal and state income tax purposes. Our taxable income or loss, which may vary substantially from the net income or loss reported on our Consolidated Statements of Operations, is included in the consolidated federal income tax return of Cheniere. The provision for income taxes, taxes payable and deferred income tax balances have been recorded as if we had filed all tax returns on a separate return basis from Cheniere. Tax elections under a separate return basis may differ from tax elections taken on the consolidated federal income tax return of Cheniere. Recent Accounting Standards We adopted ASU 2016-02, Leases (Topic 842) , and subsequent amendments thereto on January 1, 2019 using the optional transition approach to apply the standard at the beginning of the first quarter of 2019 with no retrospective adjustments to prior periods. This standard requires a lessee to recognize leases on its balance sheet by recording a lease liability representing the obligation to make future lease payments and a right-of-use asset representing the right to use the underlying asset for the lease term. The adoption of the standard did not materially impact our Consolidated Financial Statements. Upon adoption of the standard, we recorded right-of-use assets of $8.1 million in other non-current assets, net, and lease liabilities of $0.5 million in other current liabilities—affiliate, $5.2 million other non-current liabilities and $1.2 million

Restricted Cash

Restricted Cash	3 Months Ended
Restricted Cash	Mar. 31, 2019
Restricted Cash [Abstract]
Restricted Cash	RESTRICTED CASH Restricted cash consists of funds that are contractually restricted as to usage or withdrawal and have been presented separately from cash and cash equivalents on our Consolidated Balance Sheets. As of March 31, 2019 and December 31, 2018 , restricted cash consisted of the following (in thousands): March 31, December 31, 2019 2018 Current restricted cash Liquefaction Project $ 217,706 $ 289,141 Pursuant to the accounts agreement entered into with the collateral trustee for the benefit of our debt holders, we are required to deposit all cash received into reserve accounts controlled by the collateral trustee. The usage or withdrawal of such cash is restricted to the payment of liabilities related to the Liquefaction Project

Inventory

Inventory	3 Months Ended
Inventory	Mar. 31, 2019
Inventory Disclosure [Abstract]
Inventory	INVENTORY As of March 31, 2019 and December 31, 2018 , inventory consisted of the following (in thousands): March 31, December 31, 2019 2018 Natural gas $ 185 $ 1,326 LNG 14,506 — Materials and other 46,817 24,872 Total inventory $ 61,508 $ 26,198

Property, Plant and Equipment

Property, Plant and Equipment	3 Months Ended
Property, Plant and Equipment	Mar. 31, 2019
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment	PROPERTY, PLANT AND EQUIPMENT As of March 31, 2019 and December 31, 2018 , property, plant and equipment, net consisted of the following (in thousands): March 31, December 31, 2019 2018 LNG terminal costs LNG terminal and interconnecting pipeline facilities $ 6,631,926 $ 618,547 LNG site and related costs 275,895 44,725 LNG terminal construction-in-process 4,729,518 10,470,577 Accumulated depreciation (28,708 ) (7,416 ) Total LNG terminal costs, net 11,608,631 11,126,433 Fixed assets Fixed assets 15,436 15,534 Accumulated depreciation (3,994 ) (3,142 ) Total fixed assets, net 11,442 12,392 Property, plant and equipment, net $ 11,620,073 $ 11,138,825 Depreciation expense was $22.3 million and $0.3 million during the three months ended March 31, 2019 and 2018 , respectively. We realized offsets to LNG terminal costs of $74.2 million in the three months ended March 31, 2019 that were related to the sale of commissioning cargoes because these amounts were earned or loaded prior to the start of commercial operations of Train 1 of the Liquefaction Project, during the testing phase for its construction. We did no t realize any offsets to LNG terminal costs in the three months ended March 31, 2018

Derivative Instruments

Derivative Instruments	3 Months Ended
Derivative Instruments	Mar. 31, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments	DERIVATIVE INSTRUMENTS We have entered into the following derivative instruments that are reported at fair value: • interest rate swaps (“Interest Rate Derivatives”) to hedge a portion of the variable-rate interest payments on our credit facility (the “CCH Credit Facility”) and • commodity derivatives consisting of natural gas supply contracts for the commissioning and operation of the Liquefaction Project (“Physical Liquefaction Supply Derivatives”) and associated economic hedges (collectively, the “Liquefaction Supply Derivatives”) . We recognize our derivative instruments as either assets or liabilities and measure those instruments at fair value. None of our derivative instruments are designated as cash flow hedging instruments, and changes in fair value are recorded within our Consolidated Statements of Operations to the extent not utilized for the commissioning process. The following table shows the fair value of our derivative instruments that are required to be measured at fair value on a recurring basis as of March 31, 2019 and December 31, 2018 , which are classified as derivative assets, non-current derivative assets , derivative liabilities or non-current derivative liabilities in our Consolidated Balance Sheets (in thousands): Fair Value Measurements as of March 31, 2019 December 31, 2018 Quoted Prices in Active Markets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Total Quoted Prices in Active Markets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Total Interest Rate Derivatives asset (liability) $ — $ (19,095 ) $ — $ (19,095 ) $ — $ 18,069 $ — $ 18,069 Liquefaction Supply Derivatives asset (liability) (218 ) 5,115 1,610 6,507 1,299 2,990 (4,357 ) (68 ) There have been no changes to our evaluation of and accounting for our derivative positions during the three months ended March 31, 2019 . See Note 6—Derivative Instruments of our Notes to Consolidated Financial Statements in our annual report on Form 10-K for the year ended December 31, 2018 for additional information. We value our Interest Rate Derivatives using an income-based approach, utilizing observable inputs to the valuation model including interest rate curves, risk adjusted discount rates, credit spreads and other relevant data. We value our Liquefaction Supply Derivatives using a market-based approach incorporating present value techniques, as needed, using observable commodity price curves, when available, and other relevant data. The fair value of our Physical Liquefaction Supply Derivatives is predominantly driven by market commodity basis prices and, as applicable to our natural gas supply contracts, our assessment of the associated conditions precedent, including evaluating whether the respective market is available as pipeline infrastructure is developed. Upon the satisfaction of conditions precedent, including completion and placement into service of relevant pipeline infrastructure to accommodate marketable physical gas flow, we recognize a gain or loss based on the fair value of the respective natural gas supply contracts. We include a portion of our Physical Liquefaction Supply Derivatives as Level 3 within the valuation hierarchy as the fair value is developed through the use of internal models which may be impacted by inputs that are unobservable in the marketplace. The curves used to generate the fair value of our Physical Liquefaction Supply Derivatives are based on basis adjustments applied to forward curves for a liquid trading point. In addition, there may be observable liquid market basis information in the near term, but terms of a Physical Liquefaction Supply Derivatives contract may exceed the period for which such information is available, resulting in a Level 3 classification. In these instances, the fair value of the contract incorporates extrapolation assumptions made in the determination of the market basis price for future delivery periods in which applicable commodity basis prices were either not observable or lacked corroborative market data. As of March 31, 2019 and December 31, 2018 , some of our Physical Liquefaction Supply Derivatives existed within markets for which the pipeline infrastructure is under development to accommodate marketable physical gas flow. The Level 3 fair value measurements of natural gas positions within our Physical Liquefaction Supply Derivatives could be materially impacted by a significant change in certain natural gas market basis spreads due to the contractual notional amount represented by our Level 3 positions, which is a substantial portion of our overall Physical Liquefaction Supply Derivatives portfolio. The following table includes quantitative information for the unobservable inputs for our Level 3 Physical Liquefaction Supply Derivatives as of March 31, 2019 : Net Fair Value Asset (in thousands) Valuation Approach Significant Unobservable Input Significant Unobservable Inputs Range Physical Liquefaction Supply Derivatives $1,610 Market approach incorporating present value techniques Basis Spread $(0.703) - $0.050 The following table shows the changes in the fair value of our Level 3 Physical Liquefaction Supply Derivatives during the three months ended March 31, 2019 and 2018 (in thousands): Three Months Ended March 31, 2019 2018 Balance, beginning of period $ (4,357 ) $ (91 ) Realized and mark-to-market gains: Included in cost of sales 2,767 351 Purchases and settlements: Purchases 962 (467 ) Settlements 2,727 — Transfers out of Level 3 (1) (489 ) — Balance, end of period $ 1,610 $ (207 ) Change in unrealized gains (losses) relating to instruments still held at end of period $ 2,767 $ 351 (1) Transferred to Level 2 as a result of observable market for the underlying natural gas purchase agreements. Derivative assets and liabilities arising from our derivative contracts with the same counterparty are reported on a net basis, as all counterparty derivative contracts provide for net settlement. The use of derivative instruments exposes us to counterparty credit risk, or the risk that a counterparty will be unable to meet its commitments in instances when our derivative instruments are in an asset position. Additionally, we evaluate our own ability to meet our commitments in instances where our derivative instruments are in a liability position. Our derivative instruments are subject to contractual provisions which provide for the unconditional right of set-off for all derivative assets and liabilities with a given counterparty in the event of default. Interest Rate Derivatives During the three months ended March 31, 2019 , there were no changes to the terms of our Interest Rate Derivatives , which we entered into to protect against volatility of future cash flows and hedge a portion of the variable interest payments on the CCH Credit Facility . As of March 31, 2019 , we had the following Interest Rate Derivatives outstanding: Initial Notional Amount Maximum Notional Amount Effective Date Maturity Date Weighted Average Fixed Interest Rate Paid Variable Interest Rate Received Interest Rate Derivatives $28.8 million $4.7 billion May 20, 2015 May 31, 2022 2.30% One-month LIBOR The following table shows the fair value and location of our Interest Rate Derivatives on our Consolidated Balance Sheets (in thousands): March 31, December 31, Consolidated Balance Sheet Location 2019 2018 Derivative assets $ 3,985 $ 10,556 Non-current derivative assets 316 7,918 Total derivative assets 4,301 18,474 Derivative liabilities (160 ) (7 ) Non-current derivative liabilities (23,236 ) (398 ) Total derivative liabilities (23,396 ) (405 ) Derivative asset (liability), net $ (19,095 ) $ 18,069 The following table shows the changes in the fair value and settlements of our Interest Rate Derivatives recorded in derivative gain (loss), net on our Consolidated Statements of Operations during the three months ended March 31, 2019 and 2018 (in thousands): Three Months Ended March 31, 2019 2018 Interest Rate Derivatives gain (loss) $ (35,087 ) $ 68,849 Liquefaction Supply Derivatives CCL has entered into primarily index-based physical natural gas supply contracts and associated economic hedges to purchase natural gas for the commissioning and operation of the Liquefaction Project. The terms of the physical natural gas supply contracts range up to eight years , some of which commence upon the satisfaction of certain conditions precedent. As of March 31, 2019 and December 31, 2018 , CCL had secured up to approximately 2,805 TBtu and 2,801 TBtu , respectively, of natural gas feedstock through natural gas supply contracts. The forward notional for our Liquefaction Supply Derivatives was approximately 2,938 TBtu and 2,854 TBtu as of March 31, 2019 and December 31, 2018 , respectively. The following table shows the fair value and location of our Liquefaction Supply Derivatives on our Consolidated Balance Sheets (in thousands): Fair Value Measurements as of (1) Consolidated Balance Sheet Location March 31, 2019 December 31, 2018 Derivative assets $ 7,998 $ 7,203 Non-current derivative assets 5,441 14,495 Total derivative assets 13,439 21,698 Derivative liabilities (1,333 ) (13,569 ) Non-current derivative liabilities (5,599 ) (8,197 ) Total derivative liabilities (6,932 ) (21,766 ) Derivative asset (liability), net $ 6,507 $ (68 ) (1) Does not include collateral calls of $3.8 million and $4.5 million for such contracts, which are included in other current assets in our Consolidated Balance Sheets as March 31, 2019 and December 31, 2018 , respectively. The following table shows the changes in the fair value, settlements and location of our Liquefaction Supply Derivatives on our Consolidated Statements of Operations during the three months ended March 31, 2019 and 2018 (in thousands): Three Months Ended March 31, Statement of Operations Location (1) 2019 2018 Liquefaction Supply Derivatives gain LNG revenues $ 811 $ — Liquefaction Supply Derivatives gain (loss) Cost of sales 6,053 (116 ) (1) Does not include the realized value associated with derivative instruments that settle through physical delivery. Fair value fluctuations associated with commodity derivative activities are classified and presented consistently with the item economically hedged and the nature and intent of the derivative instrument. Consolidated Balance Sheet Presentation Our derivative instruments are presented on a net basis on our Consolidated Balance Sheets as described above. The following table shows the fair value of our derivatives outstanding on a gross and net basis (in thousands): Gross Amounts Recognized Gross Amounts Offset in the Consolidated Balance Sheets Net Amounts Presented in the Consolidated Balance Sheets Offsetting Derivative Assets (Liabilities) As of March 31, 2019 Interest Rate Derivatives $ 4,893 $ (592 ) $ 4,301 Interest Rate Derivatives (23,453 ) 57 (23,396 ) Liquefaction Supply Derivatives 16,984 (3,545 ) 13,439 Liquefaction Supply Derivatives (10,876 ) 3,944 (6,932 ) As of December 31, 2018 Interest Rate Derivatives $ 19,520 $ (1,046 ) $ 18,474 Interest Rate Derivatives (413 ) 8 (405 ) Liquefaction Supply Derivatives 31,770 (10,072 ) 21,698 Liquefaction Supply Derivatives (29,996 ) 8,230 (21,766 )

Other Non-Current Assets

Other Non-Current Assets	3 Months Ended
Other Non-Current Assets	Mar. 31, 2019
Other Assets, Noncurrent [Abstract]
Other Non-Current Assets	OTHER NON-CURRENT ASSETS As of March 31, 2019 and December 31, 2018 , other non-current assets, net consisted of the following (in thousands): March 31, December 31, 2019 2018 Advances and other asset conveyances to third parties to support LNG terminals $ 18,068 $ 18,209 Operating lease assets 7,718 — Tax-related payments and receivables 3,600 3,783 Information technology service assets 1,901 2,435 Other 8,732 7,282 Total other non-current assets, net $ 40,019 $ 31,709

Accrued Liabilities

Accrued Liabilities	3 Months Ended
Accrued Liabilities	Mar. 31, 2019
Accrued Liabilities, Current [Abstract]
Accrued Liabilities	ACCRUED LIABILITIES As of March 31, 2019 and December 31, 2018 , accrued liabilities consisted of the following (in thousands): March 31, December 31, 2019 2018 Interest costs and related debt fees $ 65,369 $ 994 Accrued natural gas purchases 81,201 91,910 Liquefaction Project costs 148,108 46,964 Other 12,254 22,337 Total accrued liabilities $ 306,932 $ 162,205

Debt

Debt	3 Months Ended
Debt	Mar. 31, 2019
Debt Disclosure [Abstract]
Debt	DEBT As of March 31, 2019 and December 31, 2018 , our debt consisted of the following (in thousands): March 31, December 31, 2019 2018 Long-term debt 7.000% Senior Secured Notes due 2024 (“2024 CCH Senior Notes”) $ 1,250,000 $ 1,250,000 5.875% Senior Secured Notes due 2025 (“2025 CCH Senior Notes”) 1,500,000 1,500,000 5.125% Senior Secured Notes due 2027 (“2027 CCH Senior Notes”) 1,500,000 1,500,000 CCH Credit Facility 5,646,737 5,155,737 Unamortized premium, discount and debt issuance costs, net (163,479 ) (160,185 ) Total long-term debt, net 9,733,258 9,245,552 Current debt $1.2 billion CCH Working Capital Facility (“CCH Working Capital Facility”) — 168,000 Total debt, net $ 9,733,258 $ 9,413,552 Credit Facilities Below is a summary of our credit facilities outstanding as of March 31, 2019 (in thousands): CCH Credit Facility CCH Working Capital Facility Original facility size $ 8,403,714 $ 350,000 Incremental commitments 1,565,961 850,000 Less: Outstanding balance 5,646,737 — Commitments terminated 3,832,263 — Letters of credit issued — 321,154 Available commitment $ 490,675 $ 878,846 Interest rate LIBOR plus 1.75% or base rate plus 0.75% LIBOR plus 1.25% - 1.75% or base rate plus 0.25% - 0.75% Weighted average interest rate of outstanding balance 4.25% n/a Maturity date June 30, 2024 June 29, 2023 Restrictive Debt Covenants As of March 31, 2019 , we were in compliance with all covenants related to our debt agreements. Interest Expense Total interest expense consisted of the following (in thousands): Three Months Ended March 31, 2019 2018 Total interest cost $ 132,663 $ 101,195 Capitalized interest, including amounts capitalized as an Allowance for Funds Used During Construction (120,905 ) (101,195 ) Total interest expense, net $ 11,758 $ — Fair Value Disclosures The following table shows the carrying amount, which is net of unamortized premium, discount and debt issuance costs, and estimated fair value of our debt (in thousands): March 31, 2019 December 31, 2018 Carrying Estimated Carrying Estimated Senior notes (1) $ 4,193,580 $ 4,597,500 $ 4,191,754 $ 4,228,750 Credit facilities (2) 5,539,678 5,539,678 5,221,798 5,221,798 (1) Includes 2024 CCH Senior Notes , 2025 CCH Senior Notes and 2027 CCH Senior Notes (collectively, the “CCH Senior Notes”) . The Level 2 estimated fair value was based on quotes obtained from broker-dealers or market makers of the CCH Senior Notes and other similar instruments. (2) Includes CCH Credit Facility and CCH Working Capital Facility

Revenues from Contracts with Cu

Revenues from Contracts with Customers	3 Months Ended
Revenues from Contracts with Customers	Mar. 31, 2019
Revenue from Contract with Customer [Abstract]
Revenues from Contracts with Customers	REVENUES FROM CONTRACTS WITH CUSTOMERS For the three months ended March 31, 2019 , the entire balance of LNG revenues—affiliate represented revenue earned from contracts with customers and the entire balance of LNG revenues represented gains from derivative instruments, including a portion of derivative instruments that settled through physical delivery. Because many of our sales contracts have long-term durations, we are contractually entitled to significant future consideration which we have not yet recognized as revenue. The following table discloses the aggregate amount of the transaction price that is allocated to performance obligations that have not yet been satisfied as of March 31, 2019 and December 31, 2018 : March 31, 2019 December 31, 2018 Unsatisfied Weighted Average Recognition Timing (years) (1) Unsatisfied Weighted Average Recognition Timing (years) (1) LNG revenues $ 33.9 11 $ 33.9 12 LNG revenues—affiliate 1.0 14 1.0 14 Total revenues $ 34.9 $ 34.9 (1) The weighted average recognition timing represents an estimate of the number of years during which we shall have recognized half of the unsatisfied transaction price. We have elected the following exemptions which omit certain potential future sources of revenue from the table above: (1) We omit from the table above all performance obligations that are part of a contract that has an original expected duration of one year or less. (2) We omit from the table above all variable consideration that is allocated entirely to a wholly unsatisfied performance obligation or to a wholly unsatisfied promise to transfer a distinct good or service that forms part of a single performance obligation when that performance obligation qualifies as a series. The table above excludes substantially all variable consideration under our SPAs. The amount of revenue from variable fees that is not included in the transaction price will vary based on the future prices of Henry Hub throughout the contract terms, to the extent customers elect to take delivery of their LNG, and adjustments to the consumer price index. Certain of our contracts contain additional variable consideration based on the outcome of contingent events and the movement of various indexes. We have not included such variable consideration in the transaction price to the extent the consideration is considered constrained due to the uncertainty of ultimate pricing and receipt. All of our LNG revenues—affiliate were related to variable consideration received from customers during the three months ended March 31, 2019 .

Related Party Transactions

Related Party Transactions	3 Months Ended
Related Party Transactions	Mar. 31, 2019
Related Party Transactions [Abstract]
Related Party Transactions	RELATED PARTY TRANSACTIONS Below is a summary of our related party transactions as reported on our Consolidated Statements of Operations for the three months ended March 31, 2019 and 2018 (in thousands): Three Months Ended March 31, 2019 2018 Revenues—affiliate Cheniere Marketing SPA and Cheniere Marketing Base SPA $ 93,025 $ — Cost of sales—related party Natural Gas Supply Agreement 9,711 — Operating and maintenance expense—affiliate Services Agreements 5,071 233 Lease Agreements 176 233 Total operating and maintenance expense—affiliate 5,247 466 General and administrative expense—affiliate Services Agreements 1,155 403 We had $17.0 million and $25.1 million due to affiliates as of March 31, 2019 and December 31, 2018 , respectively, under agreements with affiliates, as described below. LNG Sale and Purchase Agreements CCL has a fixed price SPA with Cheniere Marketing International LLP (“ Cheniere Marketing ”) (the “Cheniere Marketing Base SPA”) with a term of 20 years which allows Cheniere Marketing to purchase, at its option, (1) up to a cumulative total of 150 TBtu of LNG within the commissioning periods for Trains 1 through 3, (2) any LNG produced from the end of the commissioning period for Train 1 until the date of first commercial delivery of LNG from Train 1 and (3) any excess LNG produced by the Liquefaction Facilities that is not committed to customers under third-party SPAs. Under the Cheniere Marketing Base SPA , Cheniere Marketing may, without charge, elect to suspend deliveries of cargoes (other than commissioning cargoes) scheduled for any month under the applicable annual delivery program by providing specified notice in advance. Additionally, CCL has a fixed price SPA with an approximate term of 23 years with Cheniere Marketing which allows them to purchase volumes of approximately 15 TBtu per annum of LNG. As of March 31, 2019 and December 31, 2018 , CCL had $43.8 million and $21.1 million of accounts receivable—affiliate, respectively, under these agreements. Services Agreements Gas and Power Supply Services Agreement (“G&P Agreement”) CCL has a G&P Agreement with Cheniere Energy Shared Services, Inc. (“Shared Services”), a wholly owned subsidiary of Cheniere, pursuant to which Shared Services will manage the gas and power procurement requirements of CCL. The services include, among other services, exercising the day-to-day management of CCL’s natural gas and power supply requirements, negotiating agreements on CCL’s behalf and providing other administrative services. Prior to the substantial completion of each Train of the Liquefaction Facilities , no monthly fee payment is required except for reimbursement of operating expenses. After substantial completion of each Train of the Liquefaction Facilities , for services performed while the Liquefaction Facilities is operational, CCL will pay, in addition to the reimbursement of operating expenses, a fixed monthly fee of $125,000 (indexed for inflation) for services with respect to such Train. Operation and Maintenance Agreements (“O&M Agreements”) CCL has an O&M Agreement (“CCL O&M Agreement”) with Cheniere LNG O&M Services, LLC (“O&M Services”), a wholly owned subsidiary of Cheniere, pursuant to which CCL receives all of the necessary services required to construct, operate and maintain the Liquefaction Facilities . The services to be provided include, among other services, preparing and maintaining staffing plans, identifying and arranging for procurement of equipment and materials, overseeing contractors, administering various agreements, information technology services and other services required to operate and maintain the Liquefaction Facilities . Prior to the substantial completion of each Train of the Liquefaction Facilities , no monthly fee payment is required except for reimbursement of operating expenses. After substantial completion of each Train of the Liquefaction Facilities , for services performed while the Liquefaction Facilities is operational, CCL will pay, in addition to the reimbursement of operating expenses, a fixed monthly fee of $125,000 (indexed for inflation) for services with respect to such Train. CCP has an O&M Agreement (“CCP O&M Agreement”) with O&M Services pursuant to which CCP receives all of the necessary services required to construct, operate and maintain the Corpus Christi Pipeline . The services to be provided include, among other services, preparing and maintaining staffing plans, identifying and arranging for procurement of equipment and materials, overseeing contractors, information technology services and other services required to operate and maintain the Corpus Christi Pipeline . CCP is required to reimburse O&M Services for all operating expenses incurred on behalf of CCP. Management Services Agreements (“MSAs”) CCL has an MSA with Shared Services pursuant to which Shared Services manages the construction and operation of the Liquefaction Facilities , excluding those matters provided for under the G&P Agreement and the CCL O&M Agreement. The services include, among other services, exercising the day-to-day management of CCL’s affairs and business, managing CCL’s regulatory matters, preparing status reports, providing contract administration services for all contracts associated with the Liquefaction Facilities and obtaining insurance. Prior to the substantial completion of each Train of the Liquefaction Facilities , no monthly fee payment is required except for reimbursement of expenses. After substantial completion of each Train, CCL will pay, in addition to the reimbursement of related expenses, a monthly fee equal to 3% of the capital expenditures incurred in the previous month and a fixed monthly fee of $375,000 for services with respect to such Train. CCP has an MSA with Shared Services pursuant to which Shared Services manages CCP’s operations and business, excluding those matters provided for under the CCP O&M Agreement. The services include, among other services, exercising the day-to-day management of CCP’s affairs and business, managing CCP’s regulatory matters, preparing status reports, providing contract administration services for all contracts associated with the Corpus Christi Pipeline and obtaining insurance. CCP is required to reimburse Shared Services for the aggregate of all costs and expenses incurred in the course of performing the services under the MSA. Natural Gas Supply Agreement CCL has entered into a natural gas supply contract to obtain feed gas for the operation of the Liquefaction Project with a related party in the ordinary course of business. As of March 31, 2019 , we had $5.0 million in accrued liabilities—related party related to this agreement. Agreements with Midship Pipeline CCL has entered into a transportation precedent agreement and a negotiated rate agreement with Midship Pipeline Company, LLC (“Midship Pipeline”) to secure firm pipeline transportation capacity for a period of 10 years following commencement of the approximately 200 -mile natural gas pipeline project which Midship Pipeline is constructing. In May 2018, CCL issued a letter of credit to Midship Pipeline for drawings up to an aggregate maximum amount of $16.2 million . Midship Pipeline had no t made any drawings on this letter of credit as of March 31, 2019 . Land Agreements We had $42 thousand and $0.3 million as of March 31, 2019 and December 31, 2018 , respectively, of prepaid expenses related to these agreements in other current assets—affiliate. Lease Agreements CCL has agreements with Cheniere Land Holdings, LLC (“Cheniere Land Holdings”), a wholly owned subsidiary of Cheniere, to lease the land owned by Cheniere Land Holdings for the Liquefaction Facilities . The total annual lease payment is $0.6 million and the terms of the agreements range from three years to five years . Easement Agreements CCL has agreements with Cheniere Land Holdings which grant CCL easements on land owned by Cheniere Land Holdings for the Liquefaction Facilities . The total annual payment for easement agreements is $0.1 million , excluding any previously paid one-time payments, and the terms of the agreements range from three years to five years . Dredge Material Disposal Agreement CCL has a dredge material disposal agreement with Cheniere Land Holdings that terminates in 2042 which grants CCL permission to use land owned by Cheniere Land Holdings for the deposit of dredge material from the construction and maintenance of the Liquefaction Facilities . Under the terms of the agreement, CCL will pay Cheniere Land Holdings $0.50 per cubic yard of dredge material deposits up to 5.0 million cubic yards and $4.62 per cubic yard for any quantities above that. Tug Hosting Agreement In February 2017, CCL entered into a tug hosting agreement with Corpus Christi Tug Services, LLC (“Tug Services”), a wholly owned subsidiary of Cheniere, to provide certain marine structures, support services and access necessary at the Liquefaction Facilities for Tug Services to provide its customers with tug boat and marine services. Tug Services is required to reimburse CCL for any third-party costs incurred by CCL in connection with providing the goods and services. State Tax Sharing Agreements CCL has a state tax sharing agreement with Cheniere. Under this agreement, Cheniere has agreed to prepare and file all state and local tax returns which CCL and Cheniere are required to file on a combined basis and to timely pay the combined state and local tax liability. If Cheniere, in its sole discretion, demands payment, CCL will pay to Cheniere an amount equal to the state and local tax that CCL would be required to pay if CCL’s state and local tax liability were calculated on a separate company basis. There have been no state and local taxes paid by Cheniere for which Cheniere could have demanded payment from CCL under this agreement; therefore, Cheniere has not demanded any such payments from CCL. The agreement is effective for tax returns due on or after May 2015. CCP has a state tax sharing agreement with Cheniere. Under this agreement, Cheniere has agreed to prepare and file all state and local tax returns which CCP and Cheniere are required to file on a combined basis and to timely pay the combined state and local tax liability. If Cheniere, in its sole discretion, demands payment, CCP will pay to Cheniere an amount equal to the state and local tax that CCP would be required to pay if CCP’s state and local tax liability were calculated on a separate company basis. There have been no state and local taxes paid by Cheniere for which Cheniere could have demanded payment from CCP under this agreement; therefore, Cheniere has not demanded any such payments from CCP. The agreement is effective for tax returns due on or after May 2015. Equity Contribution Agreements Equity Contribution Agreement In May 2018, we amended and restated the existing equity contribution agreement with Cheniere (the “Equity Contribution Agreement”) pursuant to which Cheniere agreed to provide cash contributions up to approximately $1.1 billion , not including $2.0 billion previously contributed under the original equity contribution agreement. As of March 31, 2019 , we have no t received any contributions under the Equity Contribution Agreement. Cheniere will only be required to make additional contributions under the Equity Contribution Agreement after the commitments under the CCH Credit Facility have been reduced to zero and to the extent cash flows from operations of the Liquefaction Project are unavailable for Liquefaction Project costs. Early Works Equity Contribution Agreement In conjunction with the amendment and restatement of the Equity Contribution Agreement, we terminated the early works equity contribution agreement with Cheniere entered into in December 2017. Prior to termination in May 2018, we had received $250.0 million

Supplemental Cash Flow Informat

Supplemental Cash Flow Information	3 Months Ended
Supplemental Cash Flow Information	Mar. 31, 2019
Supplemental Cash Flow Information [Abstract]
Supplemental Cash Flow Information	SUPPLEMENTAL CASH FLOW INFORMATION The following table provides supplemental disclosure of cash flow information (in thousands): Three Months Ended March 31, 2019 2018 Cash paid during the period for interest, net of amounts capitalized $ — $ 64,656 The balance in property, plant and equipment, net funded with accounts payable and accrued liabilities (including affiliate) was $221.2 million and $213.4 million as of March 31, 2019 and 2018

Supplemental Guarantor Informat

Supplemental Guarantor Information	3 Months Ended
Supplemental Guarantor Information	Mar. 31, 2019
Supplemental Guarantor Information [Abstract]
Supplemental Guarantor Information	SUPPLEMENTAL GUARANTOR INFORMATION Our CCH Senior Notes are jointly and severally guaranteed by our subsidiaries, CCL, CCP and CCP GP (each a “Guarantor” and collectively, the “Guarantors”) . These guarantees are full and unconditional, subject to certain customary release provisions including (1) the sale, exchange, disposition or transfer (by merger, consolidation or otherwise) of the capital stock or all or substantially all of the assets of the Guarantors, (2) the designation of the Guarantor as an “unrestricted subsidiary” in accordance with the CCH Indenture , (3) upon the legal defeasance or covenant defeasance or discharge of obligations under the CCH Indenture and (4) the release and discharge of the Guarantors pursuant to the Common Security and Account Agreement. See Note 9—Debt of our Notes to Consolidated Financial Statements in our annual report on Form 10-K for the year ended December 31, 2018 for additional information regarding the CCH Senior Notes . The following is condensed consolidating financial information for CCH (“Parent Issuer”) and the Guarantors . We did not have any non-guarantor subsidiaries as of March 31, 2019 . Condensed Consolidating Balance Sheet March 31, 2019 (in thousands) Parent Issuer Guarantors Eliminations Consolidated ASSETS Current assets Cash and cash equivalents $ — $ — $ — $ — Restricted cash 208,319 9,387 — 217,706 Receivables — 15,584 — 15,584 Accounts receivable—affiliate — 43,825 — 43,825 Advances to affiliate — 78,498 — 78,498 Inventory — 61,508 — 61,508 Derivative assets 3,985 7,998 — 11,983 Other current assets 45 9,461 — 9,506 Other current assets—affiliate — 44 (1 ) 43 Total current assets 212,349 226,305 (1 ) 438,653 Property, plant and equipment, net 1,213,444 10,406,629 — 11,620,073 Debt issuance and deferred financing costs, net 27,018 — — 27,018 Non-current derivative assets 316 5,441 — 5,757 Investments in subsidiaries 10,533,546 — (10,533,546 ) — Other non-current assets, net — 40,019 — 40,019 Total assets $ 11,986,673 $ 10,678,394 $ (10,533,547 ) $ 12,131,520 LIABILITIES AND MEMBER’S EQUITY Current liabilities Accounts payable $ 84 $ 20,713 $ — $ 20,797 Accrued liabilities 65,520 241,412 — 306,932 Accrued liabilities—related party — 5,040 — 5,040 Due to affiliates 150 16,852 — 17,002 Derivative liabilities 160 1,333 — 1,493 Other current liabilities — 1,104 — 1,104 Other current liabilities—affiliate — 897 — 897 Total current liabilities 65,914 287,351 — 353,265 Long-term debt, net 9,733,258 — — 9,733,258 Non-current derivative liabilities 23,236 5,599 — 28,835 Deferred tax liabilities — 1,104 (1,104 ) — Other non-current liabilities — 5,457 — 5,457 Other non-current liabilities—affiliate — 835 — 835 Member’s equity 2,164,265 10,378,048 (10,532,443 ) 2,009,870 Total liabilities and member’s equity $ 11,986,673 $ 10,678,394 $ (10,533,547 ) $ 12,131,520 Condensed Consolidating Balance Sheet December 31, 2018 (in thousands) Parent Issuer Guarantors Eliminations Consolidated ASSETS Current assets Cash and cash equivalents $ — $ — $ — $ — Restricted cash 282,248 6,893 — 289,141 Receivables — 24,989 — 24,989 Accounts receivable—affiliate — 21,060 — 21,060 Advances to affiliate — 94,397 — 94,397 Inventory — 26,198 — 26,198 Derivative assets 10,556 7,203 — 17,759 Other current assets 178 15,039 — 15,217 Other current assets—affiliate — 634 (1 ) 633 Total current assets 292,982 196,413 (1 ) 489,394 Property, plant and equipment, net 1,094,671 10,044,154 — 11,138,825 Debt issuance and deferred financing costs, net 38,012 — — 38,012 Non-current derivative assets 7,917 14,496 — 22,413 Investments in subsidiaries 10,194,296 — (10,194,296 ) — Other non-current assets, net 1 31,708 — 31,709 Total assets $ 11,627,879 $ 10,286,771 $ (10,194,297 ) $ 11,720,353 LIABILITIES AND MEMBER’S EQUITY Current liabilities Accounts payable $ 71 $ 16,131 $ — $ 16,202 Accrued liabilities 1,242 160,963 — 162,205 Current debt 168,000 — — 168,000 Due to affiliates — 25,086 — 25,086 Derivative liabilities 6 13,570 — 13,576 Total current liabilities 169,319 215,750 — 385,069 Long-term debt, net 9,245,552 — — 9,245,552 Non-current derivative liabilities 398 8,197 — 8,595 Deferred tax liability — 2,008 (2,008 ) — Member’s equity 2,212,610 10,060,816 (10,192,289 ) 2,081,137 Total liabilities and member’s equity $ 11,627,879 $ 10,286,771 $ (10,194,297 ) $ 11,720,353 Condensed Consolidating Statement of Operations Three Months Ended March 31, 2019 (in thousands) Parent Issuer Guarantors Eliminations Consolidated Revenues LNG revenues $ — $ 13,056 $ — $ 13,056 LNG revenues—affiliate — 93,025 — 93,025 Total revenues — 106,081 — 106,081 Operating costs and expenses Cost of sales (excluding depreciation and amortization expense shown separately below) — 59,341 — 59,341 Cost of sales—related party — 9,711 — 9,711 Operating and maintenance expense — 31,855 — 31,855 Operating and maintenance expense—affiliate — 5,247 — 5,247 General and administrative expense 411 1,126 — 1,537 General and administrative expense—affiliate — 1,155 — 1,155 Depreciation and amortization expense 2,065 20,259 — 22,324 Impairment expense and gain on disposal of assets — 313 — 313 Total operating costs and expenses 2,476 129,007 — 131,483 Loss from operations (2,476 ) (22,926 ) — (25,402 ) Other income (expense) Interest expense, net of capitalized interest (11,758 ) — — (11,758 ) Derivative loss, net (35,087 ) — — (35,087 ) Other income 893 149 (72 ) 970 Total other income (expense) (45,952 ) 149 (72 ) (45,875 ) Loss before income taxes (48,428 ) (22,777 ) (72 ) (71,277 ) Income tax benefit — 904 (904 ) — Net loss $ (48,428 ) $ (21,873 ) $ (976 ) $ (71,277 ) Condensed Consolidating Statement of Operations Three Months Ended March 31, 2018 (in thousands) Parent Issuer Guarantors Eliminations Consolidated LNG revenues—affiliate $ — $ — $ — $ — Operating costs and expenses Cost of sales (excluding depreciation and amortization expense shown separately below) — 116 — 116 Operating and maintenance expense — 850 — 850 Operating and maintenance expense—affiliate — 466 — 466 Development expense — 34 — 34 General and administrative expense 99 751 — 850 General and administrative expense—affiliate — 403 — 403 Depreciation and amortization expense 13 358 — 371 Total operating costs and expenses 112 2,978 — 3,090 Loss from operations (112 ) (2,978 ) — (3,090 ) Other income (expense) Derivative gain, net 68,849 — — 68,849 Other income (expense) (68 ) 4,476 (4,475 ) (67 ) Total other income 68,781 4,476 (4,475 ) 68,782 Income before income taxes 68,669 1,498 (4,475 ) 65,692 Income tax provision — (897 ) 897 — Net income $ 68,669 $ 601 $ (3,578 ) $ 65,692 Condensed Consolidating Statement of Cash Flows Three Months Ended March 31, 2019 (in thousands) Parent Issuer Guarantors Eliminations Consolidated Cash flows provided by (used in) operating activities $ 282 $ (19,243 ) $ (2,854 ) $ (21,815 ) Cash flows from investing activities Property, plant and equipment, net (55,100 ) (315,309 ) — (370,409 ) Investments in subsidiaries (561,104 ) — 561,104 — Distributions received from affiliates 219,142 — (219,142 ) — Other — (2,062 ) — (2,062 ) Net cash used in investing activities (397,062 ) (317,371 ) 341,962 (372,471 ) Cash flows from financing activities Proceeds from issuances of debt 692,000 — — 692,000 Repayments of debt (369,000 ) — — (369,000 ) Debt issuance and deferred financing costs (159 ) — — (159 ) Capital contributions 10 561,104 (561,104 ) 10 Distributions — (221,996 ) 221,996 — Net cash provided by financing activities 322,851 339,108 (339,108 ) 322,851 Net increase (decrease) in cash, cash equivalents and restricted cash (73,929 ) 2,494 — (71,435 ) Cash, cash equivalents and restricted cash—beginning of period 282,248 6,893 — 289,141 Cash, cash equivalents and restricted cash—end of period $ 208,319 $ 9,387 $ — $ 217,706 Balances per Condensed Consolidating Balance Sheet: March 31, 2019 Parent Issuer Guarantors Eliminations Consolidated Cash and cash equivalents $ — $ — $ — $ — Restricted cash 208,319 9,387 — 217,706 Total cash, cash equivalents and restricted cash $ 208,319 $ 9,387 $ — $ 217,706 Condensed Consolidating Statement of Cash Flows Three Months Ended March 31, 2018 (in thousands) Parent Issuer Guarantors Eliminations Consolidated Cash flows used in operating activities $ (6,403 ) $ (3,199 ) $ — $ (9,602 ) Cash flows from investing activities Property, plant and equipment, net (165,851 ) (423,210 ) — (589,061 ) Investments in subsidiaries (426,414 ) — 426,414 — Net cash used in investing activities (592,265 ) (423,210 ) 426,414 (589,061 ) Cash flows from financing activities Proceeds from issuances of debt 266,000 — — 266,000 Debt issuance and deferred financing costs (129 ) — — (129 ) Capital contributions 189,000 426,414 (426,414 ) 189,000 Net cash provided by financing activities 454,871 426,414 (426,414 ) 454,871 Net increase (decrease) in cash, cash equivalents and restricted cash (143,797 ) 5 — (143,792 ) Cash, cash equivalents and restricted cash—beginning of period 226,559 — — 226,559 Cash, cash equivalents and restricted cash—end of period $ 82,762 $ 5 $ — $ 82,767

Nature of Operations and Basi_2

Nature of Operations and Basis of Presentation (Policies)	3 Months Ended
Nature of Operations and Basis of Presentation (Policies)	Mar. 31, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation, Policy	Basis of Presentation The accompanying unaudited Consolidated Financial Statements of CCH have been prepared in accordance with GAAP for interim financial information and with Rule 10-01 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements and should be read in conjunction with the Consolidated Financial Statements and accompanying notes included in our annual report on Form 10-K for the year ended December 31, 2018
Income Taxes, Policy	We are a disregarded entity for federal and state income tax purposes. Our taxable income or loss, which may vary substantially from the net income or loss reported on our Consolidated Statements of Operations, is included in the consolidated federal income tax return of Cheniere. The provision for income taxes, taxes payable and deferred income tax balances have been recorded as if we had filed all tax returns on a separate return basis from Cheniere. Tax elections under a separate return basis may differ from tax elections taken on the consolidated federal income tax return of Cheniere.
Recent Accounting Standards	Recent Accounting Standards We adopted ASU 2016-02, Leases (Topic 842) , and subsequent amendments thereto on January 1, 2019 using the optional transition approach to apply the standard at the beginning of the first quarter of 2019 with no retrospective adjustments to prior periods. This standard requires a lessee to recognize leases on its balance sheet by recording a lease liability representing the obligation to make future lease payments and a right-of-use asset representing the right to use the underlying asset for the lease term. The adoption of the standard did not materially impact our Consolidated Financial Statements. Upon adoption of the standard, we recorded right-of-use assets of $8.1 million in other non-current assets, net, and lease liabilities of $0.5 million in other current liabilities—affiliate, $5.2 million other non-current liabilities and $1.2 million

Restricted Cash (Tables)

Restricted Cash (Tables)	3 Months Ended
Restricted Cash (Tables)	Mar. 31, 2019
Restricted Cash [Abstract]
Schedule of Restricted Cash	As of March 31, 2019 and December 31, 2018 , restricted cash consisted of the following (in thousands): March 31, December 31, 2019 2018 Current restricted cash Liquefaction Project $ 217,706 $ 289,141

Inventory (Tables)

Inventory (Tables)	3 Months Ended
Inventory (Tables)	Mar. 31, 2019
Inventory Disclosure [Abstract]
Schedule of Inventory	As of March 31, 2019 and December 31, 2018 , inventory consisted of the following (in thousands): March 31, December 31, 2019 2018 Natural gas $ 185 $ 1,326 LNG 14,506 — Materials and other 46,817 24,872 Total inventory $ 61,508 $ 26,198

Property, Plant and Equipment (

Property, Plant and Equipment (Tables)	3 Months Ended
Property, Plant and Equipment (Tables)	Mar. 31, 2019
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment	As of March 31, 2019 and December 31, 2018 , property, plant and equipment, net consisted of the following (in thousands): March 31, December 31, 2019 2018 LNG terminal costs LNG terminal and interconnecting pipeline facilities $ 6,631,926 $ 618,547 LNG site and related costs 275,895 44,725 LNG terminal construction-in-process 4,729,518 10,470,577 Accumulated depreciation (28,708 ) (7,416 ) Total LNG terminal costs, net 11,608,631 11,126,433 Fixed assets Fixed assets 15,436 15,534 Accumulated depreciation (3,994 ) (3,142 ) Total fixed assets, net 11,442 12,392 Property, plant and equipment, net $ 11,620,073 $ 11,138,825

Derivative Instruments (Tables)

Derivative Instruments (Tables)	3 Months Ended
Derivative Instruments (Tables)	Mar. 31, 2019
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis	The following table shows the fair value of our derivative instruments that are required to be measured at fair value on a recurring basis as of March 31, 2019 and December 31, 2018 , which are classified as derivative assets, non-current derivative assets , derivative liabilities or non-current derivative liabilities in our Consolidated Balance Sheets (in thousands): Fair Value Measurements as of March 31, 2019 December 31, 2018 Quoted Prices in Active Markets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Total Quoted Prices in Active Markets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Total Interest Rate Derivatives asset (liability) $ — $ (19,095 ) $ — $ (19,095 ) $ — $ 18,069 $ — $ 18,069 Liquefaction Supply Derivatives asset (liability) (218 ) 5,115 1,610 6,507 1,299 2,990 (4,357 ) (68 )
Fair Value Measurement Inputs and Valuation Techniques	The following table includes quantitative information for the unobservable inputs for our Level 3 Physical Liquefaction Supply Derivatives as of March 31, 2019 : Net Fair Value Asset (in thousands) Valuation Approach Significant Unobservable Input Significant Unobservable Inputs Range Physical Liquefaction Supply Derivatives $1,610 Market approach incorporating present value techniques Basis Spread $(0.703) - $0.050
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation	The following table shows the changes in the fair value of our Level 3 Physical Liquefaction Supply Derivatives during the three months ended March 31, 2019 and 2018 (in thousands): Three Months Ended March 31, 2019 2018 Balance, beginning of period $ (4,357 ) $ (91 ) Realized and mark-to-market gains: Included in cost of sales 2,767 351 Purchases and settlements: Purchases 962 (467 ) Settlements 2,727 — Transfers out of Level 3 (1) (489 ) — Balance, end of period $ 1,610 $ (207 ) Change in unrealized gains (losses) relating to instruments still held at end of period $ 2,767 $ 351 (1)
Derivative Net Presentation on Consolidated Balance Sheets	The following table shows the fair value of our derivatives outstanding on a gross and net basis (in thousands): Gross Amounts Recognized Gross Amounts Offset in the Consolidated Balance Sheets Net Amounts Presented in the Consolidated Balance Sheets Offsetting Derivative Assets (Liabilities) As of March 31, 2019 Interest Rate Derivatives $ 4,893 $ (592 ) $ 4,301 Interest Rate Derivatives (23,453 ) 57 (23,396 ) Liquefaction Supply Derivatives 16,984 (3,545 ) 13,439 Liquefaction Supply Derivatives (10,876 ) 3,944 (6,932 ) As of December 31, 2018 Interest Rate Derivatives $ 19,520 $ (1,046 ) $ 18,474 Interest Rate Derivatives (413 ) 8 (405 ) Liquefaction Supply Derivatives 31,770 (10,072 ) 21,698 Liquefaction Supply Derivatives (29,996 ) 8,230 (21,766 )
Interest Rate Derivatives [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Schedule of Notional Amounts of Outstanding Derivative Positions	As of March 31, 2019 , we had the following Interest Rate Derivatives outstanding: Initial Notional Amount Maximum Notional Amount Effective Date Maturity Date Weighted Average Fixed Interest Rate Paid Variable Interest Rate Received Interest Rate Derivatives $28.8 million $4.7 billion May 20, 2015 May 31, 2022 2.30% One-month LIBOR
Fair Value of Derivative Instruments by Balance Sheet Location	The following table shows the fair value and location of our Interest Rate Derivatives on our Consolidated Balance Sheets (in thousands): March 31, December 31, Consolidated Balance Sheet Location 2019 2018 Derivative assets $ 3,985 $ 10,556 Non-current derivative assets 316 7,918 Total derivative assets 4,301 18,474 Derivative liabilities (160 ) (7 ) Non-current derivative liabilities (23,236 ) (398 ) Total derivative liabilities (23,396 ) (405 ) Derivative asset (liability), net $ (19,095 ) $ 18,069
Derivative Instruments, Gain (Loss)	The following table shows the changes in the fair value and settlements of our Interest Rate Derivatives recorded in derivative gain (loss), net on our Consolidated Statements of Operations during the three months ended March 31, 2019 and 2018 (in thousands): Three Months Ended March 31, 2019 2018 Interest Rate Derivatives gain (loss) $ (35,087 ) $ 68,849
Liquefaction Supply Derivatives [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Fair Value of Derivative Instruments by Balance Sheet Location	The following table shows the fair value and location of our Liquefaction Supply Derivatives on our Consolidated Balance Sheets (in thousands): Fair Value Measurements as of (1) Consolidated Balance Sheet Location March 31, 2019 December 31, 2018 Derivative assets $ 7,998 $ 7,203 Non-current derivative assets 5,441 14,495 Total derivative assets 13,439 21,698 Derivative liabilities (1,333 ) (13,569 ) Non-current derivative liabilities (5,599 ) (8,197 ) Total derivative liabilities (6,932 ) (21,766 ) Derivative asset (liability), net $ 6,507 $ (68 ) (1) Does not include collateral calls of $3.8 million and $4.5 million for such contracts, which are included in other current assets in our Consolidated Balance Sheets as March 31, 2019 and December 31, 2018
Derivative Instruments, Gain (Loss)	The following table shows the changes in the fair value, settlements and location of our Liquefaction Supply Derivatives on our Consolidated Statements of Operations during the three months ended March 31, 2019 and 2018 (in thousands): Three Months Ended March 31, Statement of Operations Location (1) 2019 2018 Liquefaction Supply Derivatives gain LNG revenues $ 811 $ — Liquefaction Supply Derivatives gain (loss) Cost of sales 6,053 (116 ) (1) Does not include the realized value associated with derivative instruments that settle through physical delivery. Fair value fluctuations associated with commodity derivative activities are classified and presented consistently with the item economically hedged and the nature and intent of the derivative instrument.

Other Non-Current Assets (Table

Other Non-Current Assets (Tables)	3 Months Ended
Other Non-Current Assets (Tables)	Mar. 31, 2019
Other Assets, Noncurrent [Abstract]
Schedule of Other Non-Current Assets	As of March 31, 2019 and December 31, 2018 , other non-current assets, net consisted of the following (in thousands): March 31, December 31, 2019 2018 Advances and other asset conveyances to third parties to support LNG terminals $ 18,068 $ 18,209 Operating lease assets 7,718 — Tax-related payments and receivables 3,600 3,783 Information technology service assets 1,901 2,435 Other 8,732 7,282 Total other non-current assets, net $ 40,019 $ 31,709

Accrued Liabilities (Tables)

Accrued Liabilities (Tables)	3 Months Ended
Accrued Liabilities (Tables)	Mar. 31, 2019
Accrued Liabilities, Current [Abstract]
Schedule of Accrued Liabilities	As of March 31, 2019 and December 31, 2018 , accrued liabilities consisted of the following (in thousands): March 31, December 31, 2019 2018 Interest costs and related debt fees $ 65,369 $ 994 Accrued natural gas purchases 81,201 91,910 Liquefaction Project costs 148,108 46,964 Other 12,254 22,337 Total accrued liabilities $ 306,932 $ 162,205

Debt (Tables)

Debt (Tables)	3 Months Ended
Debt (Tables)	Mar. 31, 2019
Debt Disclosure [Abstract]
Schedule of Debt Instruments	As of March 31, 2019 and December 31, 2018 , our debt consisted of the following (in thousands): March 31, December 31, 2019 2018 Long-term debt 7.000% Senior Secured Notes due 2024 (“2024 CCH Senior Notes”) $ 1,250,000 $ 1,250,000 5.875% Senior Secured Notes due 2025 (“2025 CCH Senior Notes”) 1,500,000 1,500,000 5.125% Senior Secured Notes due 2027 (“2027 CCH Senior Notes”) 1,500,000 1,500,000 CCH Credit Facility 5,646,737 5,155,737 Unamortized premium, discount and debt issuance costs, net (163,479 ) (160,185 ) Total long-term debt, net 9,733,258 9,245,552 Current debt $1.2 billion CCH Working Capital Facility (“CCH Working Capital Facility”) — 168,000 Total debt, net $ 9,733,258 $ 9,413,552
Schedule of Line of Credit Facilities	Below is a summary of our credit facilities outstanding as of March 31, 2019 (in thousands): CCH Credit Facility CCH Working Capital Facility Original facility size $ 8,403,714 $ 350,000 Incremental commitments 1,565,961 850,000 Less: Outstanding balance 5,646,737 — Commitments terminated 3,832,263 — Letters of credit issued — 321,154 Available commitment $ 490,675 $ 878,846 Interest rate LIBOR plus 1.75% or base rate plus 0.75% LIBOR plus 1.25% - 1.75% or base rate plus 0.25% - 0.75% Weighted average interest rate of outstanding balance 4.25% n/a Maturity date June 30, 2024 June 29, 2023
Schedule of Interest Expense	Total interest expense consisted of the following (in thousands): Three Months Ended March 31, 2019 2018 Total interest cost $ 132,663 $ 101,195 Capitalized interest, including amounts capitalized as an Allowance for Funds Used During Construction (120,905 ) (101,195 ) Total interest expense, net $ 11,758 $ —
Schedule of Carrying Values and Estimated Fair Values of Debt Instruments	The following table shows the carrying amount, which is net of unamortized premium, discount and debt issuance costs, and estimated fair value of our debt (in thousands): March 31, 2019 December 31, 2018 Carrying Estimated Carrying Estimated Senior notes (1) $ 4,193,580 $ 4,597,500 $ 4,191,754 $ 4,228,750 Credit facilities (2) 5,539,678 5,539,678 5,221,798 5,221,798 (1) Includes 2024 CCH Senior Notes , 2025 CCH Senior Notes and 2027 CCH Senior Notes (collectively, the “CCH Senior Notes”) . The Level 2 estimated fair value was based on quotes obtained from broker-dealers or market makers of the CCH Senior Notes and other similar instruments. (2) Includes CCH Credit Facility and CCH Working Capital Facility

Revenues from Contracts with _2

Revenues from Contracts with Customers (Tables)	3 Months Ended
Revenues from Contracts with Customers (Tables)	Mar. 31, 2019
Revenue from Contract with Customer [Abstract]
Transaction Price Allocated to Future Performance Obligations	The following table discloses the aggregate amount of the transaction price that is allocated to performance obligations that have not yet been satisfied as of March 31, 2019 and December 31, 2018 : March 31, 2019 December 31, 2018 Unsatisfied Weighted Average Recognition Timing (years) (1) Unsatisfied Weighted Average Recognition Timing (years) (1) LNG revenues $ 33.9 11 $ 33.9 12 LNG revenues—affiliate 1.0 14 1.0 14 Total revenues $ 34.9 $ 34.9 (1)

Related Party Transactions (Tab

Related Party Transactions (Tables)	3 Months Ended
Related Party Transactions (Tables)	Mar. 31, 2019
Related Party Transactions [Abstract]
Schedule of Related Party Transactions	Below is a summary of our related party transactions as reported on our Consolidated Statements of Operations for the three months ended March 31, 2019 and 2018 (in thousands): Three Months Ended March 31, 2019 2018 Revenues—affiliate Cheniere Marketing SPA and Cheniere Marketing Base SPA $ 93,025 $ — Cost of sales—related party Natural Gas Supply Agreement 9,711 — Operating and maintenance expense—affiliate Services Agreements 5,071 233 Lease Agreements 176 233 Total operating and maintenance expense—affiliate 5,247 466 General and administrative expense—affiliate Services Agreements 1,155 403

Supplemental Cash Flow Inform_2

Supplemental Cash Flow Information (Tables)	3 Months Ended
Supplemental Cash Flow Information (Tables)	Mar. 31, 2019
Supplemental Cash Flow Information [Abstract]
Schedule of Cash Flow, Supplemental Disclosures	The following table provides supplemental disclosure of cash flow information (in thousands): Three Months Ended March 31, 2019 2018 Cash paid during the period for interest, net of amounts capitalized $ — $ 64,656

Supplemental Guarantor Inform_2

Supplemental Guarantor Information (Tables)	3 Months Ended
Supplemental Guarantor Information (Tables)	Mar. 31, 2019
Supplemental Guarantor Information [Abstract]
Condensed Consolidating Balance Sheets	Condensed Consolidating Balance Sheet March 31, 2019 (in thousands) Parent Issuer Guarantors Eliminations Consolidated ASSETS Current assets Cash and cash equivalents $ — $ — $ — $ — Restricted cash 208,319 9,387 — 217,706 Receivables — 15,584 — 15,584 Accounts receivable—affiliate — 43,825 — 43,825 Advances to affiliate — 78,498 — 78,498 Inventory — 61,508 — 61,508 Derivative assets 3,985 7,998 — 11,983 Other current assets 45 9,461 — 9,506 Other current assets—affiliate — 44 (1 ) 43 Total current assets 212,349 226,305 (1 ) 438,653 Property, plant and equipment, net 1,213,444 10,406,629 — 11,620,073 Debt issuance and deferred financing costs, net 27,018 — — 27,018 Non-current derivative assets 316 5,441 — 5,757 Investments in subsidiaries 10,533,546 — (10,533,546 ) — Other non-current assets, net — 40,019 — 40,019 Total assets $ 11,986,673 $ 10,678,394 $ (10,533,547 ) $ 12,131,520 LIABILITIES AND MEMBER’S EQUITY Current liabilities Accounts payable $ 84 $ 20,713 $ — $ 20,797 Accrued liabilities 65,520 241,412 — 306,932 Accrued liabilities—related party — 5,040 — 5,040 Due to affiliates 150 16,852 — 17,002 Derivative liabilities 160 1,333 — 1,493 Other current liabilities — 1,104 — 1,104 Other current liabilities—affiliate — 897 — 897 Total current liabilities 65,914 287,351 — 353,265 Long-term debt, net 9,733,258 — — 9,733,258 Non-current derivative liabilities 23,236 5,599 — 28,835 Deferred tax liabilities — 1,104 (1,104 ) — Other non-current liabilities — 5,457 — 5,457 Other non-current liabilities—affiliate — 835 — 835 Member’s equity 2,164,265 10,378,048 (10,532,443 ) 2,009,870 Total liabilities and member’s equity $ 11,986,673 $ 10,678,394 $ (10,533,547 ) $ 12,131,520 Condensed Consolidating Balance Sheet December 31, 2018 (in thousands) Parent Issuer Guarantors Eliminations Consolidated ASSETS Current assets Cash and cash equivalents $ — $ — $ — $ — Restricted cash 282,248 6,893 — 289,141 Receivables — 24,989 — 24,989 Accounts receivable—affiliate — 21,060 — 21,060 Advances to affiliate — 94,397 — 94,397 Inventory — 26,198 — 26,198 Derivative assets 10,556 7,203 — 17,759 Other current assets 178 15,039 — 15,217 Other current assets—affiliate — 634 (1 ) 633 Total current assets 292,982 196,413 (1 ) 489,394 Property, plant and equipment, net 1,094,671 10,044,154 — 11,138,825 Debt issuance and deferred financing costs, net 38,012 — — 38,012 Non-current derivative assets 7,917 14,496 — 22,413 Investments in subsidiaries 10,194,296 — (10,194,296 ) — Other non-current assets, net 1 31,708 — 31,709 Total assets $ 11,627,879 $ 10,286,771 $ (10,194,297 ) $ 11,720,353 LIABILITIES AND MEMBER’S EQUITY Current liabilities Accounts payable $ 71 $ 16,131 $ — $ 16,202 Accrued liabilities 1,242 160,963 — 162,205 Current debt 168,000 — — 168,000 Due to affiliates — 25,086 — 25,086 Derivative liabilities 6 13,570 — 13,576 Total current liabilities 169,319 215,750 — 385,069 Long-term debt, net 9,245,552 — — 9,245,552 Non-current derivative liabilities 398 8,197 — 8,595 Deferred tax liability — 2,008 (2,008 ) — Member’s equity 2,212,610 10,060,816 (10,192,289 ) 2,081,137 Total liabilities and member’s equity $ 11,627,879 $ 10,286,771 $ (10,194,297 ) $ 11,720,353
Condensed Consolidating Statements of Operations	Condensed Consolidating Statement of Operations Three Months Ended March 31, 2019 (in thousands) Parent Issuer Guarantors Eliminations Consolidated Revenues LNG revenues $ — $ 13,056 $ — $ 13,056 LNG revenues—affiliate — 93,025 — 93,025 Total revenues — 106,081 — 106,081 Operating costs and expenses Cost of sales (excluding depreciation and amortization expense shown separately below) — 59,341 — 59,341 Cost of sales—related party — 9,711 — 9,711 Operating and maintenance expense — 31,855 — 31,855 Operating and maintenance expense—affiliate — 5,247 — 5,247 General and administrative expense 411 1,126 — 1,537 General and administrative expense—affiliate — 1,155 — 1,155 Depreciation and amortization expense 2,065 20,259 — 22,324 Impairment expense and gain on disposal of assets — 313 — 313 Total operating costs and expenses 2,476 129,007 — 131,483 Loss from operations (2,476 ) (22,926 ) — (25,402 ) Other income (expense) Interest expense, net of capitalized interest (11,758 ) — — (11,758 ) Derivative loss, net (35,087 ) — — (35,087 ) Other income 893 149 (72 ) 970 Total other income (expense) (45,952 ) 149 (72 ) (45,875 ) Loss before income taxes (48,428 ) (22,777 ) (72 ) (71,277 ) Income tax benefit — 904 (904 ) — Net loss $ (48,428 ) $ (21,873 ) $ (976 ) $ (71,277 ) Condensed Consolidating Statement of Operations Three Months Ended March 31, 2018 (in thousands) Parent Issuer Guarantors Eliminations Consolidated LNG revenues—affiliate $ — $ — $ — $ — Operating costs and expenses Cost of sales (excluding depreciation and amortization expense shown separately below) — 116 — 116 Operating and maintenance expense — 850 — 850 Operating and maintenance expense—affiliate — 466 — 466 Development expense — 34 — 34 General and administrative expense 99 751 — 850 General and administrative expense—affiliate — 403 — 403 Depreciation and amortization expense 13 358 — 371 Total operating costs and expenses 112 2,978 — 3,090 Loss from operations (112 ) (2,978 ) — (3,090 ) Other income (expense) Derivative gain, net 68,849 — — 68,849 Other income (expense) (68 ) 4,476 (4,475 ) (67 ) Total other income 68,781 4,476 (4,475 ) 68,782 Income before income taxes 68,669 1,498 (4,475 ) 65,692 Income tax provision — (897 ) 897 — Net income $ 68,669 $ 601 $ (3,578 ) $ 65,692
Condensed Consolidating Statements of Cash Flows	Condensed Consolidating Statement of Cash Flows Three Months Ended March 31, 2019 (in thousands) Parent Issuer Guarantors Eliminations Consolidated Cash flows provided by (used in) operating activities $ 282 $ (19,243 ) $ (2,854 ) $ (21,815 ) Cash flows from investing activities Property, plant and equipment, net (55,100 ) (315,309 ) — (370,409 ) Investments in subsidiaries (561,104 ) — 561,104 — Distributions received from affiliates 219,142 — (219,142 ) — Other — (2,062 ) — (2,062 ) Net cash used in investing activities (397,062 ) (317,371 ) 341,962 (372,471 ) Cash flows from financing activities Proceeds from issuances of debt 692,000 — — 692,000 Repayments of debt (369,000 ) — — (369,000 ) Debt issuance and deferred financing costs (159 ) — — (159 ) Capital contributions 10 561,104 (561,104 ) 10 Distributions — (221,996 ) 221,996 — Net cash provided by financing activities 322,851 339,108 (339,108 ) 322,851 Net increase (decrease) in cash, cash equivalents and restricted cash (73,929 ) 2,494 — (71,435 ) Cash, cash equivalents and restricted cash—beginning of period 282,248 6,893 — 289,141 Cash, cash equivalents and restricted cash—end of period $ 208,319 $ 9,387 $ — $ 217,706 Balances per Condensed Consolidating Balance Sheet: March 31, 2019 Parent Issuer Guarantors Eliminations Consolidated Cash and cash equivalents $ — $ — $ — $ — Restricted cash 208,319 9,387 — 217,706 Total cash, cash equivalents and restricted cash $ 208,319 $ 9,387 $ — $ 217,706 Condensed Consolidating Statement of Cash Flows Three Months Ended March 31, 2018 (in thousands) Parent Issuer Guarantors Eliminations Consolidated Cash flows used in operating activities $ (6,403 ) $ (3,199 ) $ — $ (9,602 ) Cash flows from investing activities Property, plant and equipment, net (165,851 ) (423,210 ) — (589,061 ) Investments in subsidiaries (426,414 ) — 426,414 — Net cash used in investing activities (592,265 ) (423,210 ) 426,414 (589,061 ) Cash flows from financing activities Proceeds from issuances of debt 266,000 — — 266,000 Debt issuance and deferred financing costs (129 ) — — (129 ) Capital contributions 189,000 426,414 (426,414 ) 189,000 Net cash provided by financing activities 454,871 426,414 (426,414 ) 454,871 Net increase (decrease) in cash, cash equivalents and restricted cash (143,797 ) 5 — (143,792 ) Cash, cash equivalents and restricted cash—beginning of period 226,559 — — 226,559 Cash, cash equivalents and restricted cash—end of period $ 82,762 $ 5 $ — $ 82,767

Nature of Operations and Basi_3

Nature of Operations and Basis of Presentation (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2019USD ($)unitmitrains	Dec. 31, 2018USD ($)
Nature of Operations and Basis of Presentation [Line Items]
Other non-current assets, net	$ 40,019	$ 31,709
Other current liabilities—affiliate	897	0
Other non-current liabilities	5,457	0
Other non-current liabilities—affiliate	835	$ 0
Accounting Standards Update 2016-02 [Member]
Nature of Operations and Basis of Presentation [Line Items]
Other non-current assets, net	8,100
Other current liabilities—affiliate	500
Other non-current liabilities	5,200
Other non-current liabilities—affiliate	$ 1,200
Corpus Christi Pipeline [Member]
Nature of Operations and Basis of Presentation [Line Items]
Length Of Natural Gas Pipeline \| mi	23
Corpus Christi LNG Terminal [Member]
Nature of Operations and Basis of Presentation [Line Items]
Number of Liquefaction LNG Trains \| trains	3
Corpus Christi LNG Terminal [Member] \| Stage 1 [Member]
Nature of Operations and Basis of Presentation [Line Items]
Number of Liquefaction LNG Trains \| trains	2
Number of LNG Storage Tanks \| unit	2
Number of Marine Berths \| unit	1
Corpus Christi LNG Terminal [Member] \| Stage 2 [Member]
Nature of Operations and Basis of Presentation [Line Items]
Number of Liquefaction LNG Trains \| trains	1
Number of LNG Storage Tanks \| unit	1

Restricted Cash (Details)

Restricted Cash (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Restricted Cash and Cash Equivalents Items [Line Items]
Current restricted cash	$ 217,706	$ 289,141
Liquefaction Project [Member]
Restricted Cash and Cash Equivalents Items [Line Items]
Current restricted cash	$ 217,706	$ 289,141

Inventory (Details)

Inventory (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Inventory [Line Items]
Inventory	$ 61,508	$ 26,198
Natural gas [Member]
Inventory [Line Items]
Inventory	185	1,326
LNG [Member]
Inventory [Line Items]
Inventory	14,506	0
Materials and other [Member]
Inventory [Line Items]
Inventory	$ 46,817	$ 24,872

Property, Plant and Equipment -

Property, Plant and Equipment - Narrative (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Property, Plant and Equipment [Abstract]
Depreciation expense	$ 22.3	$ 0.3
Offsets to LNG terminal costs	$ 74.2	$ 0

Property, Plant and Equipment_2

Property, Plant and Equipment - Schedule of Property, Plant and Equipment (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Property, Plant and Equipment [Line Items]
Property, plant and equipment, net	$ 11,620,073	$ 11,138,825
LNG terminal costs [Member]
Property, Plant and Equipment [Line Items]
Accumulated depreciation	(28,708)	(7,416)
Property, plant and equipment, net	11,608,631	11,126,433
LNG terminal and interconnecting pipeline facilities [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	6,631,926	618,547
LNG site and related costs [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	275,895	44,725
LNG terminal construction-in-process [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	4,729,518	10,470,577
Fixed assets [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	15,436	15,534
Accumulated depreciation	(3,994)	(3,142)
Property, plant and equipment, net	$ 11,442	$ 12,392

Derivative Instruments - Narrat

Derivative Instruments - Narrative (Details) - CCL [Member] - tbtu	3 Months Ended
	Mar. 31, 2019	Dec. 31, 2018
Maximum [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Energy Units Secured Through Natural Gas Supply Agreements	2,805	2,801
Physical Liquefaction Supply Derivatives [Member] \| Maximum [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative, Term of Contract	8 years
Liquefaction Supply Derivatives [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional Amount	2,938	2,854

Derivative Instruments - Fair V

Derivative Instruments - Fair Value of Derivative Assets and Liabilities (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Interest Rate Derivatives [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Assets (Liabilities), at Fair Value, Net	$ (19,095)	$ 18,069
Interest Rate Derivatives [Member] \| Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Assets (Liabilities), at Fair Value, Net	0	0
Interest Rate Derivatives [Member] \| Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Assets (Liabilities), at Fair Value, Net	(19,095)	18,069
Interest Rate Derivatives [Member] \| Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Assets (Liabilities), at Fair Value, Net	0	0
Liquefaction Supply Derivatives [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Assets (Liabilities), at Fair Value, Net	6,507	(68)
Liquefaction Supply Derivatives [Member] \| Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Assets (Liabilities), at Fair Value, Net	(218)	1,299
Liquefaction Supply Derivatives [Member] \| Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Assets (Liabilities), at Fair Value, Net	5,115	2,990
Liquefaction Supply Derivatives [Member] \| Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Assets (Liabilities), at Fair Value, Net	$ 1,610	$ (4,357)

Derivative Instruments - Fair_2

Derivative Instruments - Fair Value Inputs - Quantitative Information (Details) - Physical Liquefaction Supply Derivatives [Member] - Fair Value, Inputs, Level 3 [Member]	3 Months Ended
	Mar. 31, 2019USD ($)
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Net Fair Value Asset	$ 1,610,000
Minimum [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value Inputs Basis Spread	(0.703)
Maximum [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value Inputs Basis Spread	$ 0.050

Derivative Instruments - Schedu

Derivative Instruments - Schedule of Level 3 Activity (Details) - Physical Liquefaction Supply Derivatives [Member] - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2019	Mar. 31, 2018
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance, beginning of period		$ (4,357)	$ (91)
Realized and mark-to-market gains:
Included in cost of sales		2,767	351
Purchases and settlements:
Purchases		962	(467)
Settlements		2,727	0
Transfers out of Level 3	[1]	(489)	0
Balance, end of period		1,610	(207)
Change in unrealized gains (losses) relating to instruments still held at end of period		$ 2,767	$ (351)

[1]	Transferred to Level 2 as a result of observable market for the underlying natural gas purchase agreements.

Derivative Instruments - Sche_2

Derivative Instruments - Schedule of Notional Amounts of Outstanding Derivative Positions (Details) - Interest Rate Derivatives [Member] $ in Millions	3 Months Ended
	Mar. 31, 2019USD ($)
Derivative [Line Items]
Notional Amount	$ 28.8
Effective Date	May 20, 2015
Maturity Date	May 31, 2022
Weighted Average Fixed Interest Rate Paid	2.30%
Variable Interest Rate Received	One-month LIBOR
Maximum [Member]
Derivative [Line Items]
Notional Amount	$ 4,700

Derivative Instruments - Fair_3

Derivative Instruments - Fair Value of Derivative Instruments by Balance Sheet Location (Details) - USD ($) $ in Thousands		Mar. 31, 2019	Dec. 31, 2018
Derivatives, Fair Value [Line Items]
Derivative assets		$ 11,983	$ 17,759
Non-current derivative assets		5,757	22,413
Derivative liabilities		(1,493)	(13,576)
Non-current derivative liabilities		(28,835)	(8,595)
Interest Rate Derivatives [Member]
Derivatives, Fair Value [Line Items]
Total derivative assets		4,301	18,474
Total derivative liabilities		(23,396)	(405)
Derivative asset (liability), net		(19,095)	18,069
Interest Rate Derivatives [Member] \| Derivative assets
Derivatives, Fair Value [Line Items]
Derivative assets		3,985	10,556
Interest Rate Derivatives [Member] \| Non-current derivative assets
Derivatives, Fair Value [Line Items]
Non-current derivative assets		316	7,918
Interest Rate Derivatives [Member] \| Derivative liabilities
Derivatives, Fair Value [Line Items]
Derivative liabilities		(160)	(7)
Interest Rate Derivatives [Member] \| Non-current derivative liabilities
Derivatives, Fair Value [Line Items]
Non-current derivative liabilities		(23,236)	(398)
Liquefaction Supply Derivatives [Member]
Derivatives, Fair Value [Line Items]
Total derivative assets	[1]	13,439	21,698
Total derivative liabilities	[1]	(6,932)	(21,766)
Derivative asset (liability), net	[1]	6,507	(68)
Derivative, collateral call		3,800	4,500
Liquefaction Supply Derivatives [Member] \| Derivative assets
Derivatives, Fair Value [Line Items]
Derivative assets	[1]	7,998	7,203
Liquefaction Supply Derivatives [Member] \| Non-current derivative assets
Derivatives, Fair Value [Line Items]
Non-current derivative assets	[1]	5,441	14,495
Liquefaction Supply Derivatives [Member] \| Derivative liabilities
Derivatives, Fair Value [Line Items]
Derivative liabilities	[1]	(1,333)	(13,569)
Liquefaction Supply Derivatives [Member] \| Non-current derivative liabilities
Derivatives, Fair Value [Line Items]
Non-current derivative liabilities	[1]	$ (5,599)	$ (8,197)

[1]	Does not include collateral calls of $3.8 million and $4.5 million for such contracts, which are included in other current assets in our Consolidated Balance Sheets as March 31, 2019 and December 31, 2018

Derivative Instruments - Deriva

Derivative Instruments - Derivative Instruments, Gain (Loss) (Details) - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2019	Mar. 31, 2018
Interest Rate Derivatives [Member] \| Derivative gain (loss), net [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative gain (loss), net		$ (35,087)	$ 68,849
Liquefaction Supply Derivatives [Member] \| LNG Revenues [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative gain (loss), net	[1]	811	0
Liquefaction Supply Derivatives [Member] \| Cost of Sales [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative gain (loss), net	[1]	$ 6,053	$ (116)

[1]	Does not include the realized value associated with derivative instruments that settle through physical delivery. Fair value fluctuations associated with commodity derivative activities are classified and presented consistently with the item economically hedged and the nature and intent of the derivative instrument.

Derivative Instruments - Deri_2

Derivative Instruments - Derivative Net Presentation on Consolidated Balance Sheets (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Interest Rate Derivative Asset [Member]
Derivative [Line Items]
Derivative Asset, Gross Amounts Recognized	$ 4,893	$ 19,520
Derivative Asset, Gross Amounts Offset in the Consolidated Balance Sheets	(592)	(1,046)
Derivative Assets (Liabilities), at Fair Value, Net	4,301	18,474
Interest Rate Derivative Liability [Member]
Derivative [Line Items]
Derivative Liability, Gross Amounts Recognized	(23,453)	(413)
Derivative Liability, Gross Amounts Offset in the Consolidated Balance Sheets	57	8
Derivative Assets (Liabilities), at Fair Value, Net	(23,396)	(405)
Liquefaction Supply Derivative Asset [Member]
Derivative [Line Items]
Derivative Asset, Gross Amounts Recognized	16,984	31,770
Derivative Asset, Gross Amounts Offset in the Consolidated Balance Sheets	(3,545)	(10,072)
Derivative Assets (Liabilities), at Fair Value, Net	13,439	21,698
Liquefaction Supply Derivative Liability [Member]
Derivative [Line Items]
Derivative Liability, Gross Amounts Recognized	(10,876)	(29,996)
Derivative Liability, Gross Amounts Offset in the Consolidated Balance Sheets	3,944	8,230
Derivative Assets (Liabilities), at Fair Value, Net	$ (6,932)	$ (21,766)

Other Non-Current Assets (Detai

Other Non-Current Assets (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Other Assets, Noncurrent [Abstract]
Advances and other asset conveyances to third parties to support LNG terminals	$ 18,068	$ 18,209
Operating lease assets	7,718	0
Tax-related payments and receivables	3,600	3,783
Information technology service assets	1,901	2,435
Other	8,732	7,282
Total other non-current assets, net	$ 40,019	$ 31,709

Accrued Liabilities (Details)

Accrued Liabilities (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Accrued Liabilities, Current [Abstract]
Interest costs and related debt fees	$ 65,369	$ 994
Accrued natural gas purchases	81,201	91,910
Liquefaction Project costs	148,108	46,964
Other	12,254	22,337
Total accrued liabilities	$ 306,932	$ 162,205

Debt - Schedule of Debt Instrum

Debt - Schedule of Debt Instruments (Details) - USD ($)	Mar. 31, 2019	Dec. 31, 2018
Debt Instrument [Line Items]
Unamortized premium, discount and debt issuance costs, net	$ (163,479,000)	$ (160,185,000)
Long-term Debt, Net	9,733,258,000	9,245,552,000
Current debt	0	168,000,000
Total Debt, Net	9,733,258,000	9,413,552,000
2024 CCH Senior Notes [Member]
Debt Instrument [Line Items]
Long-term Debt, Gross	$ 1,250,000,000	1,250,000,000
Debt Instrument, Interest Rate, Stated Percentage	7.00%
2025 CCH Senior Notes [Member]
Debt Instrument [Line Items]
Long-term Debt, Gross	$ 1,500,000,000	1,500,000,000
Debt Instrument, Interest Rate, Stated Percentage	5.875%
2027 CCH Senior Notes [Member]
Debt Instrument [Line Items]
Long-term Debt, Gross	$ 1,500,000,000	1,500,000,000
Debt Instrument, Interest Rate, Stated Percentage	5.125%
CCH Credit Facility [Member]
Debt Instrument [Line Items]
Long-term Debt, Gross	$ 5,646,737,000	$ 5,155,737,000
CCH Working Capital Facility [Member]
Debt Instrument [Line Items]
Current debt	0
Line of Credit Facility, Maximum Borrowing Capacity	$ 1,200,000,000

Debt - Credit Facilities Table

Debt - Credit Facilities Table (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Dec. 31, 2018
Line of Credit Facility [Line Items]
Outstanding balance, current	$ 0	$ 168,000
CCH Credit Facility [Member]
Line of Credit Facility [Line Items]
Original facility size	8,403,714
Incremental commitments	1,565,961
Outstanding balance	5,646,737	$ 5,155,737
Commitments terminated	3,832,263
Letters of credit issued	0
Available commitment	$ 490,675
Debt Instrument, Description of Variable Rate Basis	LIBOR or the base rate
Weighted average interest rate on current debt	4.25%
Maturity Date	Jun. 30, 2024
CCH Credit Facility [Member] \| London Interbank Offered Rate (LIBOR) [Member]
Line of Credit Facility [Line Items]
Debt Instrument, Basis Spread on Variable Rate	1.75%
CCH Credit Facility [Member] \| Base Rate [Member]
Line of Credit Facility [Line Items]
Debt Instrument, Basis Spread on Variable Rate	0.75%
CCH Working Capital Facility [Member]
Line of Credit Facility [Line Items]
Original facility size	$ 350,000
Incremental commitments	850,000
Outstanding balance, current	0
Commitments terminated	0
Letters of credit issued	321,154
Available commitment	$ 878,846
Debt Instrument, Description of Variable Rate Basis	LIBOR or the base rate
Maturity Date	Jun. 29, 2023
CCH Working Capital Facility [Member] \| Minimum [Member] \| London Interbank Offered Rate (LIBOR) [Member]
Line of Credit Facility [Line Items]
Debt Instrument, Basis Spread on Variable Rate	1.25%
CCH Working Capital Facility [Member] \| Minimum [Member] \| Base Rate [Member]
Line of Credit Facility [Line Items]
Debt Instrument, Basis Spread on Variable Rate	0.25%
CCH Working Capital Facility [Member] \| Maximum [Member] \| London Interbank Offered Rate (LIBOR) [Member]
Line of Credit Facility [Line Items]
Debt Instrument, Basis Spread on Variable Rate	1.75%
CCH Working Capital Facility [Member] \| Maximum [Member] \| Base Rate [Member]
Line of Credit Facility [Line Items]
Debt Instrument, Basis Spread on Variable Rate	0.75%

Debt - Interest Expense (Detail

Debt - Interest Expense (Details) - USD ($) $ in Thousands	3 Months Ended
Debt - Interest Expense (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Mar. 31, 2018
Debt Disclosure [Abstract]
Total interest cost	$ 132,663	$ 101,195
Capitalized interest, including amounts capitalized as an Allowance for Funds Used During Construction	(120,905)	(101,195)
Total interest expense, net	$ 11,758	$ 0

Debt - Schedule of Carrying Val

Debt - Schedule of Carrying Values and Estimated Fair Values of Debt Instruments (Details) - USD ($) $ in Thousands		Mar. 31, 2019	Dec. 31, 2018
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt, Carrying Value		$ 9,733,258	$ 9,413,552
Senior notes [Member] \| Carrying Amount [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt, Carrying Value	[1]	4,193,580	4,191,754
Senior notes [Member] \| Estimated Fair Value [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Notes Payable, Fair Value Disclosure	[1]	4,597,500	4,228,750
Credit facilities [Member] \| Carrying Amount [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt, Carrying Value	[2]	5,539,678	5,221,798
Credit facilities [Member] \| Estimated Fair Value [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Lines of Credit, Fair Value Disclosure	[2]	$ 5,539,678	$ 5,221,798

[1]	Includes 2024 CCH Senior Notes , 2025 CCH Senior Notes and 2027 CCH Senior Notes (collectively, the “CCH Senior Notes”) . The Level 2 estimated fair value was based on quotes obtained from broker-dealers or market makers of the CCH Senior Notes
[2]	Includes CCH Credit Facility and CCH Working Capital Facility

Revenues from Contracts with _3

Revenues from Contracts with Customers (Details) - USD ($) $ in Billions		Mar. 31, 2019	Dec. 31, 2018
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Unsatisfied Transaction Price		$ 34.9	$ 34.9
LNG [Member]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Unsatisfied Transaction Price		$ 33.9	$ 33.9
Weighted Average Recognition Timing	[1]	11 years	12 years
LNG—affiliate [Member]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Unsatisfied Transaction Price		$ 1	$ 1
Weighted Average Recognition Timing	[1]	14 years	14 years

[1]	The weighted average recognition timing represents an estimate of the number of years during which we shall have recognized half of the unsatisfied transaction price.

Related Party Transactions - Sc

Related Party Transactions - Schedule of Related Party Transactions (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Related Party Transaction [Line Items]
Cost of sales—related party	$ 9,711	$ 0
Operating and maintenance expense—affiliate	5,247	466
General and administrative expense—affiliate	1,155	403
Cheniere Marketing SPA and Cheniere Marketing Base SPA [Member]
Related Party Transaction [Line Items]
Revenues—affiliate	93,025	0
Natural Gas Supply Agreement [Member]
Related Party Transaction [Line Items]
Cost of sales—related party	9,711	0
Service Agreements [Member]
Related Party Transaction [Line Items]
Operating and maintenance expense—affiliate	5,071	233
General and administrative expense—affiliate	1,155	403
Lease Agreements [Member]
Related Party Transaction [Line Items]
Operating and maintenance expense—affiliate	$ 176	$ 233

Related Party Transactions - Na

Related Party Transactions - Narrative (Details)	3 Months Ended
Related Party Transactions - Narrative (Details)	Mar. 31, 2019USD ($)miyd3tbtu	Mar. 31, 2018USD ($)	Dec. 31, 2018USD ($)	May 31, 2018USD ($)
Related Party Transaction [Line Items]
Due to affiliates	$ 17,002,000		$ 25,086,000
Accounts receivable—affiliate	43,825,000		21,060,000
Accrued liabilities—related party	5,040,000		0
Other current assets—affiliate	43,000		633,000
Equity contributions	10,000	$ 189,000,000
CCH Credit Facility [Member]
Related Party Transaction [Line Items]
Letters of credit issued	0
CCL [Member]
Related Party Transaction [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity				$ 16,200,000
Midship Pipeline [Member] \| CCL [Member] \| Midship Pipeline Letter of Credit [Member]
Related Party Transaction [Line Items]
Letters of credit issued	$ 0
Cheniere Marketing Base SPA [Member] \| Cheniere Marketing [Member] \| CCL [Member]
Related Party Transaction [Line Items]
SPA, Term of Agreement	20 years
Cheniere Marketing Base SPA [Member] \| Cheniere Marketing [Member] \| CCL [Member] \| Maximum [Member]
Related Party Transaction [Line Items]
Contract Volumes \| tbtu	150
Cheniere Marketing SPA [Member] \| Cheniere Marketing [Member] \| CCL [Member]
Related Party Transaction [Line Items]
SPA, Term of Agreement	23 years
Contract Volumes \| tbtu	15
Accounts receivable—affiliate	$ 43,800,000		21,100,000
Gas and Power Supply Services Agreement [Member] \| Shared Services [Member] \| CCL [Member]
Related Party Transaction [Line Items]
Related Party Transaction, Committed Monthly Fee	125,000
Operation and Maintenance Agreement [Member] \| O&M Services [Member] \| CCL [Member]
Related Party Transaction [Line Items]
Related Party Transaction, Committed Monthly Fee	125,000
Management Services Agreement [Member] \| Shared Services [Member] \| CCL [Member]
Related Party Transaction [Line Items]
Related Party Transaction, Committed Monthly Fee	$ 375,000
Monthly fee as a percentage of capital expenditures incurred in the previous month	3.00%
Natural Gas Supply Agreement [Member] \| CCL [Member]
Related Party Transaction [Line Items]
Accrued liabilities—related party	$ 5,000,000
Natural Gas Transportation Agreement [Member] \| Midship Pipeline [Member] \| CCL [Member]
Related Party Transaction [Line Items]
Agreement Term	10 years
Length Of Natural Gas Pipeline \| mi	200
Land Agreements [Member]
Related Party Transaction [Line Items]
Other current assets—affiliate	$ 42,000		$ 300,000
Lease Agreements [Member] \| Cheniere Land Holdings [Member] \| CCL [Member]
Related Party Transaction [Line Items]
Annual lease payment	$ 600,000
Lease Agreements [Member] \| Cheniere Land Holdings [Member] \| CCL [Member] \| Minimum [Member]
Related Party Transaction [Line Items]
Lease Term	3 years
Lease Agreements [Member] \| Cheniere Land Holdings [Member] \| CCL [Member] \| Maximum [Member]
Related Party Transaction [Line Items]
Lease Term	5 years
Easement Agreements [Member] \| Cheniere Land Holdings [Member] \| CCL [Member]
Related Party Transaction [Line Items]
Annual lease payment	$ 100,000
Easement Agreements [Member] \| Cheniere Land Holdings [Member] \| CCL [Member] \| Minimum [Member]
Related Party Transaction [Line Items]
Agreement Term	3 years
Easement Agreements [Member] \| Cheniere Land Holdings [Member] \| CCL [Member] \| Maximum [Member]
Related Party Transaction [Line Items]
Agreement Term	5 years
Dredge Material Disposal Agreement [Member] \| Cheniere Land Holdings [Member] \| CCL [Member]
Related Party Transaction [Line Items]
Dredge Material Deposits, Price Per Cubic Yard Of Deposit	$ 0.50
Dredge Material Deposits, Deposit Threshold \| yd3	5,000,000
Dredge Material Deposits, Price Per Cubic Yard Of Deposit After Exceeding Threshold	$ 4.62
Tax Sharing Agreement [Member] \| Cheniere [Member] \| CCL [Member]
Related Party Transaction [Line Items]
Income Taxes Paid, Net	0
Tax Sharing Agreement [Member] \| Cheniere [Member] \| CCP [Member]
Related Party Transaction [Line Items]
Income Taxes Paid, Net	0
Equity Contribution Agreement [Member] \| Cheniere [Member]
Related Party Transaction [Line Items]
Equity contributions	0
Equity Contribution Agreement [Member] \| Cheniere [Member] \| CCH Credit Facility [Member]
Related Party Transaction [Line Items]
Additional Contribution Requirement, Debt Instrument, Commitments Reduction Threshold	0
Equity Contribution Agreement [Member] \| Cheniere [Member] \| Maximum [Member]
Related Party Transaction [Line Items]
Equity contributions	1,100,000,000
Previous Equity Contributions Agreement [Member] \| Cheniere [Member]
Related Party Transaction [Line Items]
Equity contributions	2,000,000,000
Early Works Equity Contribution Agreement [Member] \| Cheniere [Member]
Related Party Transaction [Line Items]
Equity contributions	$ 250,000,000

Supplemental Cash Flow Inform_3

Supplemental Cash Flow Information (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Supplemental Cash Flow Information [Abstract]
Cash paid during the period for interest, net of amounts capitalized	$ 0	$ 64,656
Balance in property, plant and equipment, net funded with accounts payable and accrued liabilities (including affiliate)	$ 221,200	$ 213,400

Supplemental Guarantor Inform_3

Supplemental Guarantor Information - Condensed Consolidating Balance Sheet (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018	Mar. 31, 2018	Dec. 31, 2017
Current assets
Cash and cash equivalents	$ 0	$ 0
Restricted cash	217,706	289,141
Receivables	15,584	24,989
Accounts receivable—affiliate	43,825	21,060
Advances to affiliate	78,498	94,397
Inventory	61,508	26,198
Derivative assets	11,983	17,759
Other current assets	9,506	15,217
Other current assets—affiliate	43	633
Total current assets	438,653	489,394
Property, plant and equipment, net	11,620,073	11,138,825
Debt issuance and deferred financing costs, net	27,018	38,012
Non-current derivative assets	5,757	22,413
Investments in subsidiaries	0	0
Other non-current assets, net	40,019	31,709
Total assets	12,131,520	11,720,353
Current liabilities
Accounts payable	20,797	16,202
Accrued liabilities	306,932	162,205
Accrued liabilities—related party	5,040	0
Current debt	0	168,000
Due to affiliates	17,002	25,086
Derivative liabilities	1,493	13,576
Other current liabilities	1,104	0
Other current liabilities—affiliate	897	0
Total current liabilities	353,265	385,069
Long-term debt, net	9,733,258	9,245,552
Non-current derivative liabilities	28,835	8,595
Deferred tax liabilities	0	0
Other non-current liabilities	5,457	0
Other non-current liabilities—affiliate	835	0
Member’s equity	2,009,870	2,081,137	$ 1,921,968	$ 1,667,276
Total liabilities and member’s equity	12,131,520	11,720,353
Parent Issuer [Member]
Current assets
Cash and cash equivalents	0	0
Restricted cash	208,319	282,248
Receivables	0	0
Accounts receivable—affiliate	0	0
Advances to affiliate	0	0
Inventory	0	0
Derivative assets	3,985	10,556
Other current assets	45	178
Other current assets—affiliate	0	0
Total current assets	212,349	292,982
Property, plant and equipment, net	1,213,444	1,094,671
Debt issuance and deferred financing costs, net	27,018	38,012
Non-current derivative assets	316	7,917
Investments in subsidiaries	10,533,546	10,194,296
Other non-current assets, net	0	1
Total assets	11,986,673	11,627,879
Current liabilities
Accounts payable	84	71
Accrued liabilities	65,520	1,242
Accrued liabilities—related party	0
Current debt		168,000
Due to affiliates	150	0
Derivative liabilities	160	6
Other current liabilities	0
Other current liabilities—affiliate	0
Total current liabilities	65,914	169,319
Long-term debt, net	9,733,258	9,245,552
Non-current derivative liabilities	23,236	398
Deferred tax liabilities	0	0
Other non-current liabilities	0
Other non-current liabilities—affiliate	0
Member’s equity	2,164,265	2,212,610
Total liabilities and member’s equity	11,986,673	11,627,879
Guarantors [Member]
Current assets
Cash and cash equivalents	0	0
Restricted cash	9,387	6,893
Receivables	15,584	24,989
Accounts receivable—affiliate	43,825	21,060
Advances to affiliate	78,498	94,397
Inventory	61,508	26,198
Derivative assets	7,998	7,203
Other current assets	9,461	15,039
Other current assets—affiliate	44	634
Total current assets	226,305	196,413
Property, plant and equipment, net	10,406,629	10,044,154
Debt issuance and deferred financing costs, net	0	0
Non-current derivative assets	5,441	14,496
Investments in subsidiaries	0	0
Other non-current assets, net	40,019	31,708
Total assets	10,678,394	10,286,771
Current liabilities
Accounts payable	20,713	16,131
Accrued liabilities	241,412	160,963
Accrued liabilities—related party	5,040
Current debt		0
Due to affiliates	16,852	25,086
Derivative liabilities	1,333	13,570
Other current liabilities	1,104
Other current liabilities—affiliate	897
Total current liabilities	287,351	215,750
Long-term debt, net	0	0
Non-current derivative liabilities	5,599	8,197
Deferred tax liabilities	1,104	2,008
Other non-current liabilities	5,457
Other non-current liabilities—affiliate	835
Member’s equity	10,378,048	10,060,816
Total liabilities and member’s equity	10,678,394	10,286,771
Eliminations [Member]
Current assets
Cash and cash equivalents	0	0
Restricted cash	0	0
Receivables	0	0
Accounts receivable—affiliate	0	0
Advances to affiliate	0	0
Inventory	0	0
Derivative assets	0	0
Other current assets	0	0
Other current assets—affiliate	(1)	(1)
Total current assets	(1)	(1)
Property, plant and equipment, net	0	0
Debt issuance and deferred financing costs, net	0	0
Non-current derivative assets	0	0
Investments in subsidiaries	(10,533,546)	(10,194,296)
Other non-current assets, net	0	0
Total assets	(10,533,547)	(10,194,297)
Current liabilities
Accounts payable	0	0
Accrued liabilities	0	0
Accrued liabilities—related party	0
Current debt		0
Due to affiliates	0	0
Derivative liabilities	0	0
Other current liabilities	0
Other current liabilities—affiliate	0
Total current liabilities	0	0
Long-term debt, net	0	0
Non-current derivative liabilities	0	0
Deferred tax liabilities	(1,104)	(2,008)
Other non-current liabilities	0
Other non-current liabilities—affiliate	0
Member’s equity	(10,532,443)	(10,192,289)
Total liabilities and member’s equity	$ (10,533,547)	$ (10,194,297)

Supplemental Guarantor Inform_4

Supplemental Guarantor Information - Condensed Consolidating Statements of Operations (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Revenues
Revenues	$ 106,081	$ 0
Operating costs and expenses
Cost of sales (excluding depreciation and amortization expense shown separately below)	59,341	116
Cost of sales—related party	9,711	0
Operating and maintenance expense	31,855	850
Operating and maintenance expense—affiliate	5,247	466
Development expense	0	34
General and administrative expense	1,537	850
General and administrative expense—affiliate	1,155	403
Depreciation and amortization expense	22,324	371
Impairment expense and loss on disposal of assets	313	0
Total operating costs and expenses	131,483	3,090
Loss from operations	(25,402)	(3,090)
Other income (expense)
Interest expense, net of capitalized interest	(11,758)	0
Derivative gain (loss), net	(35,087)	68,849
Other income (expense)	970	(67)
Total other income (expense)	(45,875)	68,782
Loss before income taxes	(71,277)	65,692
Income tax benefit	0	0
Net income (loss)	(71,277)	65,692
LNG [Member]
Revenues
Revenues	13,056	0
LNG—affiliate [Member]
Revenues
Revenues from contracts with customers	93,025	0
Parent Issuer [Member]
Revenues
Revenues	0	0
Operating costs and expenses
Cost of sales (excluding depreciation and amortization expense shown separately below)	0	0
Cost of sales—related party	0
Operating and maintenance expense	0	0
Operating and maintenance expense—affiliate	0	0
Development expense		0
General and administrative expense	411	99
General and administrative expense—affiliate	0	0
Depreciation and amortization expense	2,065	13
Impairment expense and loss on disposal of assets	0
Total operating costs and expenses	2,476	112
Loss from operations	(2,476)	(112)
Other income (expense)
Interest expense, net of capitalized interest	(11,758)
Derivative gain (loss), net	(35,087)	68,849
Other income (expense)	893	(68)
Total other income (expense)	(45,952)	68,781
Loss before income taxes	(48,428)	68,669
Income tax benefit		0
Net income (loss)	(48,428)	68,669
Parent Issuer [Member] \| LNG [Member]
Revenues
Revenues	0
Parent Issuer [Member] \| LNG—affiliate [Member]
Revenues
Revenues from contracts with customers	0
Guarantors [Member]
Revenues
Revenues	106,081	0
Operating costs and expenses
Cost of sales (excluding depreciation and amortization expense shown separately below)	59,341	116
Cost of sales—related party	9,711
Operating and maintenance expense	31,855	850
Operating and maintenance expense—affiliate	5,247	466
Development expense		34
General and administrative expense	1,126	751
General and administrative expense—affiliate	1,155	403
Depreciation and amortization expense	20,259	358
Impairment expense and loss on disposal of assets	313
Total operating costs and expenses	129,007	2,978
Loss from operations	(22,926)	(2,978)
Other income (expense)
Interest expense, net of capitalized interest	0
Derivative gain (loss), net		0
Other income (expense)	149	4,476
Total other income (expense)	149	4,476
Loss before income taxes	(22,777)	1,498
Income tax benefit	904	(897)
Net income (loss)	(21,873)	601
Guarantors [Member] \| LNG [Member]
Revenues
Revenues	13,056
Guarantors [Member] \| LNG—affiliate [Member]
Revenues
Revenues from contracts with customers	93,025
Eliminations [Member]
Revenues
Revenues	0	0
Operating costs and expenses
Cost of sales (excluding depreciation and amortization expense shown separately below)	0	0
Cost of sales—related party	0
Operating and maintenance expense	0	0
Operating and maintenance expense—affiliate	0	0
Development expense		0
General and administrative expense	0	0
General and administrative expense—affiliate	0	0
Depreciation and amortization expense	0	0
Impairment expense and loss on disposal of assets	0
Total operating costs and expenses	0	0
Loss from operations	0	0
Other income (expense)
Interest expense, net of capitalized interest	0
Derivative gain (loss), net	0	0
Other income (expense)	(72)	(4,475)
Total other income (expense)	(72)	(4,475)
Loss before income taxes	(72)	(4,475)
Income tax benefit	(904)	897
Net income (loss)	(976)	$ (3,578)
Eliminations [Member] \| LNG [Member]
Revenues
Revenues	0
Eliminations [Member] \| LNG—affiliate [Member]
Revenues
Revenues from contracts with customers	$ 0

Supplemental Guarantor Inform_5

Supplemental Guarantor Information - Condensed Consolidating Statements of Cash Flows (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Condensed Cash Flow Statements, Captions [Line Items]
Net cash used in operating activities	$ (21,815)	$ (9,602)
Cash flows from investing activities
Property, plant and equipment, net	(370,409)	(589,061)
Investments in subsidiaries	0	0
Distributions received from affiliates	0
Other	(2,062)	0
Net cash used in investing activities	(372,471)	(589,061)
Cash flows from financing activities
Proceeds from issuances of debt	692,000	266,000
Repayments of debt	(369,000)	0
Debt issuance and deferred financing costs	(159)	(129)
Capital contributions	10	189,000
Distributions	0
Net cash provided by financing activities	322,851	454,871
Net decrease in cash, cash equivalents and restricted cash	(71,435)	(143,792)
Cash, cash equivalents and restricted cash—beginning of period	289,141	226,559
Cash, cash equivalents and restricted cash—end of period	217,706	82,767
Parent Issuer [Member]
Condensed Cash Flow Statements, Captions [Line Items]
Net cash used in operating activities	282	(6,403)
Cash flows from investing activities
Property, plant and equipment, net	(55,100)	(165,851)
Investments in subsidiaries	(561,104)	(426,414)
Distributions received from affiliates	219,142
Other	0
Net cash used in investing activities	(397,062)	(592,265)
Cash flows from financing activities
Proceeds from issuances of debt	692,000	266,000
Repayments of debt	(369,000)
Debt issuance and deferred financing costs	(159)	(129)
Capital contributions	10	189,000
Distributions	0
Net cash provided by financing activities	322,851	454,871
Net decrease in cash, cash equivalents and restricted cash	(73,929)	(143,797)
Cash, cash equivalents and restricted cash—beginning of period	282,248	226,559
Cash, cash equivalents and restricted cash—end of period	208,319	82,762
Guarantors [Member]
Condensed Cash Flow Statements, Captions [Line Items]
Net cash used in operating activities	(19,243)	(3,199)
Cash flows from investing activities
Property, plant and equipment, net	(315,309)	(423,210)
Investments in subsidiaries	0	0
Distributions received from affiliates	0
Other	(2,062)
Net cash used in investing activities	(317,371)	(423,210)
Cash flows from financing activities
Proceeds from issuances of debt	0	0
Repayments of debt	0
Debt issuance and deferred financing costs	0	0
Capital contributions	561,104	426,414
Distributions	(221,996)
Net cash provided by financing activities	339,108	426,414
Net decrease in cash, cash equivalents and restricted cash	2,494	5
Cash, cash equivalents and restricted cash—beginning of period	6,893	0
Cash, cash equivalents and restricted cash—end of period	9,387	5
Eliminations [Member]
Condensed Cash Flow Statements, Captions [Line Items]
Net cash used in operating activities	(2,854)	0
Cash flows from investing activities
Property, plant and equipment, net	0	0
Investments in subsidiaries	561,104	426,414
Distributions received from affiliates	(219,142)
Other	0
Net cash used in investing activities	341,962	426,414
Cash flows from financing activities
Proceeds from issuances of debt	0	0
Repayments of debt	0
Debt issuance and deferred financing costs	0	0
Capital contributions	(561,104)	(426,414)
Distributions	221,996
Net cash provided by financing activities	(339,108)	(426,414)
Net decrease in cash, cash equivalents and restricted cash	0	0
Cash, cash equivalents and restricted cash—beginning of period	0	0
Cash, cash equivalents and restricted cash—end of period	$ 0	$ 0

Supplemental Guarantor Inform_6

Supplemental Guarantor Information - Condensed Consolidating Statements of Cash Flows - Balances per Condensed Consolidating Balance Sheet (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018	Mar. 31, 2018	Dec. 31, 2017
Balances per Condensed Consolidating Balance Sheet:
Cash and cash equivalents	$ 0	$ 0
Restricted cash	217,706	289,141
Total cash, cash equivalents and restricted cash	217,706	289,141	$ 82,767	$ 226,559
Parent Issuer [Member]
Balances per Condensed Consolidating Balance Sheet:
Cash and cash equivalents	0	0
Restricted cash	208,319	282,248
Total cash, cash equivalents and restricted cash	208,319	282,248	82,762	226,559
Guarantors [Member]
Balances per Condensed Consolidating Balance Sheet:
Cash and cash equivalents	0	0
Restricted cash	9,387	6,893
Total cash, cash equivalents and restricted cash	9,387	6,893	5	0
Eliminations [Member]
Balances per Condensed Consolidating Balance Sheet:
Cash and cash equivalents	0	0
Restricted cash	0	0
Total cash, cash equivalents and restricted cash	$ 0	$ 0	$ 0	$ 0