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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2016
Dec. 31, 2015
Current Assets:    
Cash and cash equivalents $ 1,662 $ 1,972
Short-term investments 1,289 1,465
Accounts receivable, net of an allowance for uncollectible accounts of $11 and $9 at June 30, 2016 and December 31, 2015, respectively 2,102 2,020
Fuel inventory 455 379
Expendable parts and supplies inventories, net of an allowance for obsolescence of $103 and $114 at June 30, 2016 and December 31, 2015, respectively 340 318
Hedge derivatives asset 773 1,987
Prepaid expenses and other 1,017 915
Total current assets 7,638 9,056
Property and Equipment, Net:    
Property and equipment, net of accumulated depreciation and amortization of $11,711 and $10,871 at June 30, 2016 and December 31, 2015, respectively 23,975 23,039
Other Assets:    
Goodwill 9,794 9,794
Identifiable intangibles, net of accumulated amortization of $820 and $811 at June 30, 2016 and December 31, 2015, respectively 4,852 4,861
Deferred income taxes, net 3,797 4,956
Other noncurrent assets 1,578 1,428
Total other assets 20,021 21,039
Total assets 51,634 53,134
Current Liabilities:    
Current maturities of long-term debt and capital leases 1,115 1,563
Air traffic liability 5,955 4,503
Accounts payable 2,956 2,743
Accrued salaries and related benefits 2,237 3,195
Hedge derivatives liability 895 2,581
Frequent flyer deferred revenue 1,589 1,635
Other accrued liabilities 1,503 1,306
Total current liabilities 16,250 17,526
Noncurrent Liabilities:    
Long-term debt and capital leases 6,689 6,766
Pension, postretirement and related benefits 12,576 13,855
Frequent flyer deferred revenue 2,294 2,246
Other noncurrent liabilities 2,015 1,891
Total noncurrent liabilities 23,574 24,758
Commitments and Contingencies
Stockholders' Equity:    
Common stock at $0.0001 par value; 1,500,000,000 shares authorized, 762,988,573 and 799,850,675 shares issued at June 30, 2016 and December 31, 2015, respectively 0 0
Additional paid-in capital 9,361 10,875
Retained earnings 10,000 7,623
Accumulated other comprehensive loss (7,279) (7,275)
Treasury stock, at cost, 14,080,895 and 21,066,684 shares at June 30, 2016 and December 31, 2015, respectively (272) (373)
Total stockholders' equity 11,810 10,850
Total liabilities and stockholders' equity $ 51,634 $ 53,134