Total Stockholders’ Equity Common Stock Treasury Stock Additional Paid-in Capital Accumulated Deficit Non- controlling Interest Total Equity Shares Par Value Amount Shares Amount Balance at December 31, 2015 235.6 $ 1 11.6 $ (354 ) $ 3,076 $ (3,624 ) $ 2,464 $ 1,563 Issuances of restricted stock 0.4 — — — — — — — Issuance of stock to acquire additional interest in Cheniere Holdings 3.0 — — — 94 — (94 ) — Forfeitures of restricted stock (0.4) — — — — — — — Share-based compensation — — — — 40 — — 40 Shares repurchased related to share-based compensation (0.6) — 0.6 (20) — — — (20) Loss attributable to non-controlling interest — — — — — — (55 ) (55 ) Equity portion of convertible notes, net — — — — 1 — — 1 Distributions and dividends to non-controlling interest — — — — — — (80 ) (80 ) Net loss — — — — — (610) — (610) Balance at December 31, 2016 238.0 1 12.2 (374 ) 3,211 (4,234 ) 2,235 839 Issuances of restricted stock 0.1 — — — — — — — Issuance of stock to acquire additional interest in Cheniere Holdings — — — — 2 — (2 ) — Forfeitures of restricted stock (0.2) — — — — — — — Share-based compensation — — — — 34 — — 34 Shares repurchased related to share-based compensation (0.3) — 0.3 (12) — — — (12) Net income attributable to non-controlling interest — — — — — — 956 956 Equity portion of convertible notes, net — — — — 1 — — 1 Distributions and dividends to non-controlling interest — — — — — — (185 ) (185 ) Net loss — — — — — (393) — (393) Balance at December 31, 2017 237.6 1 12.5 (386 ) 3,248 (4,627 ) 3,004 1,240 Vesting of restricted stock units 0.5 — — — — — — — Issuance of stock to acquire additional interest in Cheniere Holdings and other merger related adjustments 19.2 — — — 694 — (702 ) (8 ) Share-based compensation — — — — 90 — — 90 Shares repurchased related to share-based compensation (0.3 ) — 0.3 (20 ) — — — (20 ) Net income attributable to non-controlling interest — — — — — — 729 729 Equity portion of convertible notes, net — — — — 3 — — 3 Distributions and dividends to non-controlling interest — — — — — — (576) (576) Net income — — — — — 471 — 471 Balance at December 31, 2018 257.0 $ 1 12.8 $ (406) $ 4,035 $ (4,156) $ 2,455 $ 1,929 The accompanying notes are an integral part of these consolidated financial statements. 66 CHENIERE ENERGY, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY (in millions)