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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 1,694 $ 1,482 [1]
Short-term investments 2,256 2,316 [1]
Receivables, less allowance for doubtful accounts (2018—$8; 2017—$7) 1,346 1,340 [1]
Aircraft fuel, spare parts and supplies, less obsolescence allowance (2018—$412; 2017—$354) 985 924 [1]
Prepaid expenses and other 913 1,071 [1]
Total current assets 7,194 7,133 [1]
Owned—    
Flight equipment 31,607 28,692 [1]
Other property and equipment 7,919 6,946 [1]
Total owned property and equipment 39,526 35,638 [1]
Less—Accumulated depreciation and amortization (12,760) (11,159) [1]
Total owned property and equipment, net 26,766 24,479 [1]
Purchase deposits for flight equipment 1,177 1,344 [1]
Capital leases—    
Flight equipment 1,029 1,151 [1]
Other property and equipment 11 11 [1]
Total capital leases 1,040 1,162 [1]
Less—Accumulated amortization (654) (777) [1]
Total capital leases, net 386 385 [1]
Total operating property and equipment, net 28,329 26,208 [1]
Other assets:    
Goodwill 4,523 4,523 [1]
Intangibles, less accumulated amortization (2018—$1,380; 2017—$1,313) 3,159 3,539 [1]
Restricted cash 105 91 [1]
Notes receivable, net 516 46 [1]
Investments in affiliates and other, net 966 806 [1]
Total other assets 9,269 9,005 [1]
Total assets 44,792 42,346 [1]
Current liabilities:    
Advance ticket sales 4,381 3,940 [1]
Frequent flyer deferred revenue 2,286 2,192 [1]
Accounts payable 2,363 2,196 [1]
Accrued salaries and benefits 2,184 2,166 [1]
Current maturities of long-term debt 1,230 1,565 [1]
Current maturities of capital leases 149 128 [1]
Other 619 576 [1]
Total current liabilities 13,212 12,763 [1]
Long-term debt 12,215 11,703 [1]
Long-term obligations under capital leases 1,134 996 [1]
Other liabilities and deferred credits:    
Frequent flyer deferred revenue 2,719 2,591 [1]
Postretirement benefit liability 1,295 1,602 [1]
Pension liability 1,576 1,921 [1]
Deferred income taxes 814 204 [1]
Other 1,832 1,832 [1]
Total other liabilities and deferred credits 8,236 8,150 [1]
Commitments and contingencies
Stockholders' equity:    
Preferred stock 0 0 [1]
Common stock 3 3 [1]
Additional capital invested 6,120 6,098 [1]
Retained earnings 6,668 4,549 [1]
Stock held in treasury, at cost (1,993) (769) [1]
Accumulated other comprehensive loss (803) (1,147) [1]
Total stockholders' equity 9,995 8,734 [1]
Total liabilities and stockholders' equity 44,792 42,346 [1]
United Airlines, Inc.    
Current assets:    
Cash and cash equivalents 1,688 1,476 [2]
Short-term investments 2,256 2,316 [2]
Receivables, less allowance for doubtful accounts (2018—$8; 2017—$7) 1,346 1,340 [2]
Aircraft fuel, spare parts and supplies, less obsolescence allowance (2018—$412; 2017—$354) 985 924 [2]
Prepaid expenses and other 913 1,071 [2]
Total current assets 7,188 7,127 [2]
Owned—    
Flight equipment 31,607 28,692 [2]
Other property and equipment 7,919 6,946 [2]
Total owned property and equipment 39,526 35,638 [2]
Less—Accumulated depreciation and amortization (12,760) (11,159) [2]
Total owned property and equipment, net 26,766 24,479 [2]
Purchase deposits for flight equipment 1,177 1,344 [2]
Capital leases—    
Flight equipment 1,029 1,151 [2]
Other property and equipment 11 11 [2]
Total capital leases 1,040 1,162 [2]
Less—Accumulated amortization (654) (777) [2]
Total capital leases, net 386 385 [2]
Total operating property and equipment, net 28,329 26,208 [2]
Other assets:    
Goodwill 4,523 4,523 [2]
Intangibles, less accumulated amortization (2018—$1,380; 2017—$1,313) 3,159 3,539 [2]
Restricted cash 105 91 [2]
Notes receivable, net 516 46 [2]
Investments in affiliates and other, net 966 806 [2]
Total other assets 9,269 9,005 [2]
Total assets 44,786 42,340 [2]
Current liabilities:    
Advance ticket sales 4,381 3,940 [2]
Frequent flyer deferred revenue 2,286 2,192 [2]
Accounts payable 2,363 2,196 [2]
Accrued salaries and benefits 2,184 2,166 [2]
Current maturities of long-term debt 1,230 1,565 [2]
Current maturities of capital leases 149 128 [2]
Other 624 581 [2]
Total current liabilities 13,217 12,768 [2]
Long-term debt 12,215 11,703 [2]
Long-term obligations under capital leases 1,134 996 [2]
Other liabilities and deferred credits:    
Frequent flyer deferred revenue 2,719 2,591 [2]
Postretirement benefit liability 1,295 1,602 [2]
Pension liability 1,576 1,921 [2]
Deferred income taxes 842 231 [2]
Other 1,831 1,832 [2]
Total other liabilities and deferred credits 8,263 8,177 [2]
Commitments and contingencies
Stockholders' equity:    
Common stock 0 0 [2]
Additional capital invested 598 1,787 [2]
Retained earnings 10,272 8,146 [2]
Accumulated other comprehensive loss (803) (1,147) [2]
Receivable from related parties (110) (90) [2]
Total stockholders' equity 9,957 8,696 [2]
Total liabilities and stockholders' equity $ 44,786 $ 42,340 [2]
[1] Amounts adjusted due to the adoption of Accounting Standards Update No. 2014-09, Revenue from Contracts with Customers (Topic 606). See Note 1 to the financial statements contained in Part II, Item 8 of this report for additional information.
[2] Amounts adjusted due to the adoption of Accounting Standards Update No. 2014-09, Revenue from Contracts with Customers (Topic 606). See Note 1 to the financial statements contained in Part II, Item 8 of this report for additional information.