CHENIERE ENERGY, INC. AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS (in millions, except share data) December 31, 2018 2017 ASSETS Current assets Cash and cash equivalents $ 981 $ 722 Restricted cash 2,175 1,880 Accounts and other receivables 581 369 Accounts receivable—related party 4 2 Inventory 316 243 Derivative assets 63 57 Other current assets 114 96 Total current assets 4,234 3,369 Non-current restricted cash — 11 Property, plant and equipment, net 27,245 23,978 Debt issuance costs, net 72 149 Non-current derivative assets 54 34 Goodwill 77 77 Other non-current assets, net 305 288 Total assets $ 31,987 $ 27,906 LIABILITIES AND STOCKHOLDERS’ EQUITY Current liabilities Accounts payable $ 58 $ 25 Accrued liabilities 1,169 1,078 Current debt 239 — Deferred revenue 139 111 Derivative liabilities 128 37 Other current liabilities 9 — Total current liabilities 1,742 1,251 Long-term debt, net 28,179 25,336 Non-current capital lease obligations 57 — Non-current derivative liabilities 22 19 Other non-current liabilities 58 60 Commitments and contingencies (see Note 19) Stockholders’ equity Preferred stock, $0.0001 par value, 5.0 million shares authorized, none issued — — Common stock, $0.003 par value Authorized: 480.0 million shares at December 31, 2018 and 2017 Issued: 269.8 million shares and 250.1 million shares at December 31, 2018 and 2017, respectively Outstanding: 257.0 million shares and 237.6 million shares at December 31, 2018 and 2017, respectively 1 1 Treasury stock: 12.8 million shares and 12.5 million shares at December 31, 2018 and 2017, respectively, at cost (406 ) (386 ) Additional paid-in-capital 4,035 3,248 Accumulated deficit (4,156 ) (4,627 ) Total stockholders’ deficit (526) (1,764) Non-controlling interest 2,455 3,004 Total equity 1,929 1,240 Total liabilities and equity $ 31,987 $ 27,906 The accompanying notes are an integral part of these consolidated financial statements. 64