Cheniere Energy Partners, L.P. (CQP)
Cheniere Energy Partners, L.P. (CQP), through its various subsidiaries, oversees and operates a major natural gas liquefaction and export complex. This significant facility is located at the Sabine Pass liquefied natural gas (LNG) terminal in Cameron Parish, Louisiana. The terminal boasts comprehensive regasification capabilities, including five LNG storage tanks with a collective capacity of approximately 17 billion cubic feet equivalent. It also features two marine berths designed to accommodate vessels as large as 266,000 cubic meters, along with vaporizers that can process roughly 4 billion cubic feet of natural gas daily. Furthermore, CQP owns a 94-mile pipeline, which provides a critical connection between the Sabine Pass LNG terminal and a network of interstate pipelines. Cheniere Energy Partners GP, LLC functions as the general partner for the firm. Established in 2003, the company's primary corporate offices are situated in Houston, Texas.
Sector: Natural Gas Distribution
Industry: Oil & Gas Midstream
Cheniere Energy Partners, L.P.
NYSE:CQPEnergy · Oil & Gas Midstream
+3.01%$66.15
AH Close$66.15+0.00%vs close
AH Close$66.15+0.00%vs close
Mkt Cap$32.02B
Float348.61M
O/S484.06M
Inst Own46.8%
Div Yield4.94%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$10.76B
Net Income$2.99B
Total Assets$17.44B
Free Cash Flow$2.57B
Debt & Equity
Debt 82%
Equity 18%
Total Debt$14.69B
Total Equity$3.16B
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in CQP's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$17.44B
Liabilities$17.02B
Accounts Receivable$894M
Accounts Payable$53M
Inventory$180M
PP&E (Net)$15.34B
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 |
| Revenue | $10.76B | $8.7B | $9.66B | $17.21B | $9.43B | $6.17B | $6.84B | $6.43B | $4.3B | $1.1B | $270.03M | $268.7M | $268.19M | $264.33M | $283.79M | $399.28M | $416.79M | $15M | $0 | $0 | $0 | $0 |
| YoY Growth | 23.6% | -9.9% | -43.8% | 82.4% | 53.0% | -9.8% | 6.4% | 49.3% | 291.2% | 307.5% | 0.5% | 0.2% | 1.5% | -6.9% | -28.9% | -4.2% | 2678.6% | - | - | - | - | - |
| Cost of Revenue | $7.06B | $4.25B | $3.42B | $12.73B | $5.95B | $3.13B | $3.91B | $3.93B | $100M | $568M | $65.7M | $58.6M | $57.49M | $57.79M | $11.92M | $12.09M | $11.83M | $11.47M | $9.74M | $0 | $0 | $0 |
| Gross Profit | $3.69B | $4.45B | $6.25B | $4.47B | $3.49B | $3.03B | $2.93B | $6.31B | $4.2B | $532M | $209M | $210.1M | $210.71M | $206.71M | $271.87M | $387.19M | $404.96M | $3.53M | -$9.74M | $0 | $0 | $0 |
| Gross Margin | 34.3% | 51.1% | 64.7% | 26.0% | 37.0% | 49.2% | 42.8% | 98.2% | 97.7% | 48.4% | 77.4% | 78.2% | 78.6% | 78.2% | 95.8% | 97.0% | 97.2% | 23.5% | - | - | - | - |
| Research and Development | $0 | $0 | $0 | $0 | $2M | $0 | $0 | $2M | $3M | $522K | $4M | $10.47M | $0 | $0 | $36.47M | $10.56M | $0 | $2.34M | $0 | $4.53M | $0 | $0 |
| Selling, General, and Administrative | $12M | $100M | $99M | $97M | $94M | $110M | $113M | $86M | $92M | $102.85M | $137M | $125.65M | $154.13M | $110.96M | $63.52M | $26.46M | $3.72M | $4.84M | $12.48M | $5.7M | $4.71M | $0 |
| Other | $98M | $1.07B | $1.11B | $995M | $833M | $794M | $770M | $4.24B | $2.95B | $178.89M | $91M | $74.85M | $89.26M | $62.94M | $3.92M | $39.16M | $85.15M | $13.49M | -$9.71M | -$23.71M | $13K | -$4.65M |
| Total Operating Expenses | $110M | $1.17B | $1.21B | $1.09B | $929M | $904M | $883M | $4.33B | $3.05B | $282.26M | $232M | $210.97M | $243.39M | $173.89M | $103.92M | $76.19M | $88.87M | $20.67M | $2.78M | -$13.48M | $4.72M | -$4.65M |
| Operating Income (EBIT) | $3.58B | $3.28B | $5.04B | $3.38B | $2.56B | $2.13B | $2.04B | $1.98B | $1.16B | $250.44M | $3M | $515K | -$32.03M | $38.24M | $122.08M | $280.8M | $327.92M | -$17.14M | -$12.52M | -$10.28M | -$4.72M | -$4.65M |
| Operating Margin | 33.3% | 37.7% | 52.1% | 19.6% | 27.1% | 34.5% | 29.8% | 30.8% | 26.9% | 22.8% | 1.1% | 0.2% | -11.9% | 14.5% | 43.0% | 70.3% | 78.7% | -114.3% | - | - | - | - |
| Interest Expense | $753M | $800M | $823M | $870M | $831M | $909M | $885M | $733M | $614M | $357M | $184.6M | $177.03M | $178.4M | $0 | $173.59M | $174.02M | $147.21M | $79.89M | -$88.66M | $0 | $0 | $0 |
| Interest Income | $0 | $33M | $46M | $21M | $1M | $0 | $0 | $0 | $0 | $0 | $227M | $0 | $0 | $170.97M | $0 | $0 | $930K | $13.78M | $52.23M | $0 | $0 | $0 |
| Other Income (Expense) | -$598M | -$770M | -$782M | -$882M | -$927M | -$942M | -$865M | -$705M | -$666M | -$421M | -$321.93M | -$410.55M | -$226.09M | -$213.68M | -$175.65M | -$173.23M | -$141.01M | -$61.2M | -$36.44M | -$68.1M | $343K | $0 |
| Income Before Tax (EBT) | $2.99B | $2.51B | $4.25B | $2.5B | $1.63B | $1.18B | $1.18B | $1.27B | $490M | -$171.19M | -$318.89M | -$410.04M | -$258.12M | -$175.43M | -$53.56M | $107.57M | $186.91M | -$78.34M | -$48.95M | -$78.38M | -$4.38M | $0 |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $74.26M | -$456K | $4.65M |
| Net Income | $2.99B | $2.51B | $4.25B | $2.5B | $1.63B | $1.18B | $1.18B | $1.27B | $490M | -$171M | -$319M | -$410.04M | -$239.97M | -$150.14M | -$31.02M | $107.57M | $186.91M | -$78.34M | -$48.95M | -$60.77M | -$4.26M | -$4.65M |
| Net Income Margin | 27.8% | 28.8% | 44.0% | 14.5% | 17.3% | 19.2% | 17.2% | 19.8% | 11.4% | -15.5% | -118.1% | -152.6% | -89.5% | -56.8% | -10.9% | 26.9% | 44.8% | -522.3% | - | - | - | - |
| Supplementary Data | ||||||||||||||||||||||
| EPS | 6.17 | 4.25 | 6.95 | 3.27 | 3.00 | 2.32 | 2.25 | 2.51 | 1.20 | -0.20 | -0.43 | -0.89 | -0.03 | 0.27 | -0.50 | 1.70 | 1.16 | -0.48 | -0.30 | -0.38 | -0.03 | -0.03 |
| Diluted EPS | 6.17 | 4.25 | 6.95 | 3.27 | 3.00 | 2.32 | 2.25 | 2.51 | 1.20 | -0.20 | -0.43 | -0.89 | -0.03 | 0.27 | -0.50 | 1.70 | 1.16 | -0.48 | -0.30 | -0.38 | -0.03 | -0.03 |
| Weighted Average OS | 484.00M | 484.00M | 484.00M | 484.00M | 484.00M | 399.30M | 484.00M | 484.00M | 484.00M | 337.80M | 337.80M | 192.46M | 189.62M | 212.16M | 163.29M | 161.80M | 161.80M | 161.80M | 161.80M | 161.80M | 161.80M | 161.80M |
| EBITDA | $4.43B | $3.99B | $5.75B | $4B | $3.02B | $2.64B | $2.59B | $2.43B | $1.44B | $342M | -$68M | -$174.4M | -$22.23M | $95.74M | $165.03M | $323.1M | $366.87M | $9.54M | -$12.52M | $82.33M | -$5.05M | -$4.65M |
| EBITDA Margin | 41.2% | 45.8% | 59.5% | 23.3% | 32.0% | 42.9% | 37.8% | 37.8% | 33.5% | 31.1% | -25.2% | -64.9% | -8.3% | 36.2% | 58.2% | 80.9% | 88.0% | 63.6% | - | - | - | - |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 |
| Assets | |||||||||||||||||||||
| Current Assets | |||||||||||||||||||||
| Cash and Cash Equivalents | $201M | $379M | $575M | $904M | $974M | $1.21B | $1.78B | $1.54B | $1.59B | $604.94M | $146.22M | $248.83M | $351.03M | $419.29M | $81.42M | $53.35M | $117.54M | $7K | $13K | $7K | $5K |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $201M | $379M | $575M | $904M | $974M | $1.21B | $1.78B | $1.54B | $1.59B | $604.94M | $146.22M | $248.83M | $351.03M | $419.29M | $81.42M | $53.35M | $117.54M | $7K | $13K | $7K | $5K |
| Accounts Receivable | $894M | $646M | $651M | $1.18B | $954M | $502M | $402M | $462M | $354M | $189M | $2.01M | $3.98M | $40K | $2.05M | $853K | $1.38M | $5.04M | $4.7M | $5.58M | $5.23M | $5K |
| Inventory | $180M | $151M | $142M | $160M | $176M | $107M | $116M | $99M | $95M | $97.43M | $16.67M | $7.79M | $10.43M | $2.63M | $4.84M | $1.21M | $2.84M | $0 | $191.61M | $355.71M | $9.29M |
| Other Current Assets | $21M | $149M | $129M | $201M | $108M | $172M | $250M | $26M | $65M | $28.89M | $288.74M | $198.6M | $230.93M | $96.46M | $13.73M | $17.99M | $22.68M | $235.99M | $1.28M | -$6K | $8.34M |
| Total Current Assets | $1.34B | $1.32B | $1.58B | $2.62B | $2.21B | $2.13B | $2.71B | $2.36B | $2.14B | $958.26M | $493.48M | $486.52M | $613.13M | $532.54M | $109.51M | $78.65M | $152.93M | $246.1M | $198.92M | $361.32M | $18.05M |
| Long-Term Assets | |||||||||||||||||||||
| Property, Plant & Equipment Net | $15.34B | $15.84B | $16.29B | $16.81B | $16.93B | $16.82B | $16.46B | $15.39B | $15.14B | $14.16B | $11.93B | $8.98B | $6.38B | $2.7B | $1.51B | $1.55B | $1.59B | $1.52B | $1.13B | $651.68M | $270.74M |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $16M | $8M | $0 | $6M | $6M | $20M | $24M | $27.42M | $30.37M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $541M | $98M | $40M | $28M | $33M | $11M | $32M | $0 | $14M | $82.86M | $43.95M | $11.16M | $98.12M | $0 | $0 | $0 | $1.02M | $41.46M | $64M | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | -$36M | $0 | -$11M | -$32M | -$31M | -$31M | -$82.86M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $223M | $191M | $172M | $199M | $185M | $182M | $209M | $239M | $268M | $398.48M | $496.93M | $911.48M | $1.42B | $510.84M | $113.37M | $114.37M | $116.96M | $173.77M | $514.77M | $845.11M | $20.35M |
| Total Long-Term Assets | $16.1B | $16.13B | $16.52B | $17.01B | $17.15B | $17.01B | $16.68B | $15.62B | $15.41B | $14.58B | $12.5B | $9.9B | $7.9B | $3.22B | $1.63B | $1.66B | $1.71B | $1.73B | $1.71B | $1.5B | $291.09M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $17.44B | $17.45B | $18.1B | $19.63B | $19.36B | $19.14B | $19.38B | $17.97B | $17.55B | $15.54B | $12.83B | $10.39B | $8.52B | $4.27B | $1.74B | $1.74B | $1.86B | $1.98B | $1.9B | $1.86B | $309.14M |
| Liabilities | |||||||||||||||||||||
| Current Liabilities | |||||||||||||||||||||
| Accounts Payable | $53M | $62M | $69M | $32M | $21M | $12M | $40M | $15M | $12M | $27.16M | $16.41M | $8.6M | $10.15M | $73.76M | $1.23M | $1.07M | $345K | $651K | $63K | $981K | $0 |
| Short-Term Debt | $318M | $361M | $300M | $0 | $8M | $0 | $0 | $0 | $0 | $223.5M | $1.67B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $123M | $123M | $117M | $147M | $156M | $138M | $156M | $117M | $112M | $73.35M | $27.39M | $26.66M | $26.59M | $27.24M | $27.32M | $27.27M | $89.96M | $65.24M | $0 | $0 | $0 |
| Other Current Liabilities | $1.21B | $1.17B | $214M | $774M | $1.16B | $11M | $9M | $66M | $0 | $13.28M | $9.25M | $23.97M | $13.55M | -$996K | $2.72M | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Liabilities | $1.71B | $1.71B | $1.57B | $2.42B | $1.34B | $883M | $966M | $1.07B | $829M | $855.71M | $2.07B | $214.76M | $265.89M | $155.41M | $51.82M | $52.13M | $115.58M | $107M | $53.42M | $38.3M | $44.84M |
| Long-Term Liabilities | |||||||||||||||||||||
| Long-Term Debt | $14.23B | $14.76B | $15.61B | $16.2B | $17.18B | $17.58B | $17.58B | $16.07B | $16.05B | $14.21B | $10.18B | $8.99B | $6.58B | $2.19B | $2.19B | $2.19B | $2.18B | $2.18B | $2.03B | $2.03B | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1M | $5.5M | $9.5M | $13.5M | $17.5M | $0 | $37.77M | $39.31M | $40.86M | $42.47M | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3M | $2M | $0 | $0 | $0 | $26.42M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $947M | $1.35B | $1.63B | $3.05B | $29M | $53M | $37M | $40M | $38M | $28.85M | $29.38M | $37.2M | $17.38M | $0 | $317K | $329K | $327K | $340K | $46.43M | $41.15M | $112.61M |
| Total Long-Term Liabilities | $15.31B | $16.25B | $17.32B | $19.34B | $17.3B | $17.72B | $17.7B | $16.11B | $16.09B | $14.24B | $10.22B | $9.04B | $6.61B | $2.23B | $2.23B | $2.23B | $2.22B | $2.22B | $2.08B | $2.07B | $112.61M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $17.02B | $17.96B | $18.89B | $21.76B | $18.64B | $18.61B | $18.67B | $17.17B | $16.91B | $15.1B | $12.12B | $9.26B | $6.88B | $2.39B | $2.28B | $2.28B | $2.34B | $2.33B | $2.13B | $2.11B | $157.44M |
| Stockholders' Equity | |||||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $3.16B | $1.82B | $1.04B | $0 | $1.02B | $714M | $796M | $816M | $627M | $431.88M | $696.35M | $0 | $1.6B | $1.88B | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Retained Earnings | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Comprehensive Income & Other | $0 | $0 | $0 | -$1.12B | $0 | $0 | $796M | -$1.31B | -$897M | -$565.99M | -$417.22M | -$352.75M | $0 | -$27.24M | -$126.38M | -$83.42M | -$41.21M | -$8.48M | -$268K | -$253.34M | $1.81M |
| Other Stockholders' Equity | $0 | $0 | $0 | -$1.12B | $0 | $0 | $0 | $0 | $0 | $123K | $0 | $1.13B | $0 | -$473.47M | -$532.44M | -$525.87M | -$399.71M | -$273.34M | -$227.52M | -$253.34M | $151.7M |
| Total Equity | $3.16B | $1.82B | $1.04B | -$1.12B | $1.02B | $714M | $796M | $816M | $627M | $432M | $696.35M | $1.13B | $1.6B | $1.4B | -$532.44M | -$525.87M | -$399.71M | -$273.34M | -$227.52M | -$253.34M | $151.7M |
| Minority Interest | -$2.74B | -$2.33B | -$1.82B | -$1.01B | -$306M | -$175M | -$81M | -$16M | $12M | $11.18M | $16.58M | $0 | $35.12M | $29.5M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $20.18B | $19.78B | $19.92B | $20.65B | $19.66B | $19.32B | $19.46B | $17.99B | $17.54B | $15.53B | $12.82B | $10.39B | $8.48B | $3.79B | $1.75B | $1.75B | $1.94B | $2.06B | $1.9B | $1.86B | $309.14M |
| Supplementary Data | |||||||||||||||||||||
| Total Debt | $14.69B | $15.27B | $15.99B | $16.31B | $17.27B | $17.68B | $17.67B | $16.07B | $16.05B | $14.43B | $11.85B | $8.99B | $6.58B | $2.17B | $2.19B | $2.19B | $2.18B | $2.18B | $2.03B | $2.03B | $0 |
| Net Debt | $14.48B | $14.89B | $15.42B | $15.4B | $16.3B | $16.47B | $15.89B | $14.53B | $14.46B | $13.83B | $11.71B | $8.74B | $6.23B | $1.75B | $2.11B | $2.13B | $2.07B | $2.18B | $2.03B | $2.03B | -$5K |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 |
| Operating Activities | |||||||||||||||||||||
| Net Income | $2.52B | $2.51B | $4.25B | $2.5B | $1.63B | $1.18B | $1.18B | $1.27B | $490M | -$171.19M | -$318.89M | -$410.04M | -$258.12M | -$150.14M | -$31.02M | $107.57M | $186.91M | -$78.34M | -$48.95M | -$60.77M | -$4.26M |
| Depreciation & Amortization | $688M | $680M | $672M | $634M | $557M | $551M | $527M | $424M | $339M | $155.62M | $65.7M | $58.6M | $57.49M | $57.5M | $42.94M | $42.3M | $32.74M | $7.99M | $3.83M | $745K | $13K |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||||||||||||
| Accounts Receivable | -$252M | $106M | $527M | -$447M | -$237M | -$101M | $25M | -$75M | -$163M | -$188.15M | $1.51M | -$796K | -$1.08M | -$1.2M | $1.24M | -$626K | -$1.64M | $3.08M | $0 | $0 | $0 |
| Inventory | -$30M | -$10M | $18M | $12M | -$68M | $8M | -$16M | -$5M | $13M | -$58.03M | -$25.04M | -$18.32M | -$30.86M | -$51K | -$14.97M | $7.06M | -$1.76M | -$80.94M | $0 | $0 | $0 |
| Accounts Payable | $160M | $6M | -$467M | $354M | $321M | $21M | -$126M | $183M | $210M | $166.71M | -$996K | $3.95M | -$2.38M | $1.96M | -$1.17M | $3.04M | -$11.52M | $21.97M | -$11.88M | $0 | $0 |
| Other Working Capital | -$76M | $4M | $135M | -$65M | -$21M | -$48M | -$34M | -$101M | -$27M | $48.61M | $14.79M | -$19.63M | $9.57M | -$7.81M | -$2.25M | -$64.88M | $19.95M | $139.1M | $2.95M | $8.34M | $10.93M |
| Total Working Capital Change | -$198M | $106M | $213M | -$146M | -$5M | -$120M | -$151M | $2M | $33M | -$30.86M | -$9.74M | -$34.8M | -$24.76M | -$7.09M | -$17.16M | -$55.41M | $5.04M | $83.21M | -$8.92M | $8.34M | $10.93M |
| Other Non-Cash Items | -$244M | -$328M | -$2.03B | $1.16B | $109M | $137M | -$4M | $174M | $115M | $46.19M | $268.67M | $398.17M | $261.05M | $73.52M | $19.48M | $9.68M | $9.62M | -$14.02M | $53.41M | $23.77M | -$362K |
| Net Cash from Operating | $2.77B | $2.97B | $3.11B | $4.15B | $2.29B | $1.75B | $1.55B | $1.87B | $977M | -$249K | $5.75M | $11.93M | $35.66M | -$26.21M | $14.25M | $104.14M | $234.31M | -$1.16M | -$640K | -$27.91M | $6.32M |
| Investing Activities | |||||||||||||||||||||
| Capital Expenditures | -$199M | -$154M | -$220M | -$451M | -$648M | -$972M | -$1.33B | -$804M | -$1.29B | -$2.32B | -$2.91B | -$2.65B | -$3.12B | -$1.12B | -$7.14M | -$4.96M | -$97.52M | -$417.23M | -$430.4M | -$387.72M | -$237.16M |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$313.89M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$63.92M | -$1.15B | -$8.87M |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $460.04M | $0 | $0 |
| Other Investing Activities | -$5M | -$8M | -$7M | $0 | $0 | $0 | -$1M | $0 | $0 | -$38.32M | -$62.45M | $2.63B | $3.11B | $1.11B | -$1.05M | -$121K | $189.66M | $416.67M | -$40.48M | -$6.62M | -$306K |
| Net Cash from Investing | -$204M | -$162M | -$227M | -$451M | -$648M | -$972M | -$1.33B | -$804M | -$1.29B | -$2.35B | -$2.97B | -$15.1M | -$328.8M | -$4.46M | -$8.19M | -$5.08M | $92.15M | -$560K | -$74.78M | -$1.54B | -$246.34M |
| Financing Activities | |||||||||||||||||||||
| Debt Repaid | $655M | $802M | $303M | $1B | $418M | $5M | -$1.5B | -$10M | -$1.64B | -$2.75B | -$2.86B | -$2.41B | -$4.4B | $30M | - | - | $2.35M | -$146.67M | $77K | -$1.99B | -$37.38M |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $375.9M | $2.14B | $70.16M | $0 | $0 | $0 | $98.44M | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | -$2.06B | -$2.23B | -$2.91B | -$2.63B | -$1.45B | -$1.36B | -$1.26B | -$1.11B | -$294M | -$99M | -$99M | -$98.98M | -$91.39M | -$57.82M | -$48.15M | -$163.25M | -$280.68M | -$45.82M | -$23.67M | $0 | $0 |
| Other Financing Activities | -$23M | -$21M | -$37M | -$40M | -$107M | -$70M | -$34M | -$15M | -$50M | -$128.81M | -$169.98M | -$101.79M | -$4.46B | -$1.67B | $0 | -$5K | $74.11M | -$99.14M | $725K | -$422.3M | $180.82M |
| Net Cash from Financing | -$2.74B | -$3.06B | -$3.25B | -$3.68B | -$1.98B | -$1.43B | $206M | -$1.12B | $1.3B | $2.52B | $2.59B | $2.21B | $224.88M | $380.4M | $22.01M | -$163.25M | -$208.92M | $1.71M | $75.42M | $1.57B | $218.2M |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | -$178M | -$252M | -$365M | $22M | -$333M | -$655M | $421M | -$48M | $984M | $170.52M | -$102.61M | -$102.2M | -$68.26M | $337.88M | $28.07M | -$64.19M | $117.53M | -$6K | $6K | $2K | -$21.82M |
| Supplementary Data | |||||||||||||||||||||
| Operating Cash Flow | $2.77B | $2.97B | $3.11B | $4.15B | $2.29B | $1.75B | $1.55B | $1.87B | $977M | -$249K | $5.75M | $11.93M | $35.66M | -$26.21M | $14.25M | $104.14M | $234.31M | -$1.16M | -$640K | -$27.91M | $6.32M |
| Capital Expenditure | -$199M | -$154M | -$220M | -$451M | -$648M | -$972M | -$1.33B | -$804M | -$1.29B | -$2.32B | -$2.91B | -$2.65B | -$3.12B | -$1.12B | -$7.14M | -$4.96M | -$97.52M | -$417.23M | -$430.4M | -$387.72M | -$237.16M |
| Free Cash Flow | $2.57B | $2.81B | $2.89B | $3.7B | $1.64B | $779M | $216M | $1.07B | -$313M | -$2.32B | -$2.91B | -$2.63B | -$3.08B | -$1.14B | $7.11M | $99.18M | $136.79M | -$418.38M | -$431.05M | -$415.64M | -$230.84M |
| Cash at Beginning | $379M | $631M | $996M | $974M | $1.31B | $1.96B | $1.54B | $1.59B | $605M | $434.43M | $248.83M | $351.03M | $419.29M | $81.42M | $53.35M | $117.54M | $7K | $13K | $7K | $5K | $21.82M |
| Cash at End | $201M | $379M | $631M | $996M | $974M | $1.31B | $1.96B | $1.54B | $1.59B | $604.94M | $146.22M | $248.83M | $351.03M | $419.29M | $81.42M | $53.35M | $117.54M | $7K | $13K | $7K | $5K |