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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 16,885 $ 18,283
Short-term investments 3,190 123
Restricted cash 43 37
Receivables, less allowance for credit losses (2022 — $31; 2021 — $28) 2,217 1,663
Aircraft fuel, spare parts and supplies, less obsolescence allowance (2022 — $578; 2021 — $546) 1,153 983
Prepaid expenses and other 883 745
Total current assets 24,371 21,834
Operating property and equipment:    
Flight equipment 40,044 39,584
Other property and equipment 9,019 8,764
Purchase deposits for flight equipment 2,338 2,215
Total operating property and equipment 51,401 50,563
Less — Accumulated depreciation and amortization (19,548) (18,489)
Total operating property and equipment, net 31,853 32,074
Operating lease right-of-use assets 4,440 4,645
Other assets:    
Goodwill 4,527 4,527
Intangibles, less accumulated amortization (2022 — $1,451; 2021 — $1,544) 2,782 2,803
Restricted cash 204 213
Deferred income taxes 907 659
Investments in affiliates and other, less allowance for credit losses (2022 — $623; 2021 — $622) 1,297 1,420
Total other assets 9,717 9,622
Total assets 70,381 68,175
Current liabilities:    
Accounts payable 3,755 2,562
Accrued salaries and benefits 1,943 2,121
Advance ticket sales 9,931 6,354
Frequent flyer deferred revenue 2,590 2,239
Current maturities of long-term debt 3,012 3,002
Current maturities of other financial liabilities 914 834
Current maturities of operating leases 543 556
Current maturities of finance leases 78 76
Other 678 560
Total current liabilities 23,444 18,304
Long-term debt 29,175 30,361
Long-term obligations under operating leases 4,997 5,152
Long-term obligations under finance leases 205 219
Other liabilities and deferred credits:    
Frequent flyer deferred revenue 3,905 4,043
Pension liability 1,934 1,920
Postretirement benefit liability 964 1,000
Other financial liabilities 496 863
Other 1,297 1,284
Total other liabilities and deferred credits 8,596 9,110
Commitments and contingencies
Stockholders' equity:    
Preferred stock 0 0
Common stock at par, $0.01 par value; authorized 1,000,000,000 shares; outstanding 326,744,101 and 323,810,825 shares at June 30, 2022 and December 31, 2021, respectively 4 4
Additional capital invested 8,970 9,156
Stock held in treasury, at cost (3,551) (3,814)
Retained earnings (accumulated deficit) (515) 625
Accumulated other comprehensive loss (944) (942)
Total stockholders' equity 3,964 5,029
Total liabilities and stockholders' equity $ 70,381 $ 68,175