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Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 2,796 $ 2,002
Short-term investments 2,189 2,382
Receivables, less allowance for doubtful accounts (2015-$22; 2014-$22) 1,471 1,146
Fuel hedge collateral deposits 181 577
Aircraft fuel, spare parts and supplies, less obsolescence allowance (2015-$187; 2014-$169) 656 666
Deferred income taxes 619 591
Prepaid expenses and other 881 774
Total current assets 8,793 8,138
Operating property and equipment: Owned-    
Flight equipment 22,555 21,107
Other property and equipment 4,220 4,016
Operating property and equipment - owned, gross 26,775 25,123
Less-Accumulated depreciation and amortization (7,726) (7,079)
Operating property and equipment - owned, net 19,049 18,044
Purchase deposits for flight equipment 951 706
Capital leases-    
Flight equipment 1,300 1,272
Other property and equipment 332 331
Operating property and equipment - capital leases, gross 1,632 1,603
Less-Accumulated amortization (931) (886)
Operating property and equipment - capital leases, net 701 717
Total property, plant, and equipment, net 20,701 19,467
Other assets:    
Goodwill 4,523 4,523
Intangibles, less accumulated amortization (2015-$1,093; 2014-$1,049) 4,220 4,284
Restricted cash 214 276
Other, net 916 665
Other assets total 9,873 9,748
Total assets 39,367 37,353
Current liabilities:    
Advance ticket sales 5,175 3,701
Frequent flyer deferred revenue 2,116 2,058
Accounts payable 2,322 1,882
Accrued salaries and benefits 1,846 1,818
Current maturities of long-term debt 1,047 1,313
Current maturities of capital leases 111 110
Fuel derivative instruments 401 694
Other 792 932
Total current liabilities 13,810 12,508
Long-term debt 9,938 10,121
Long-term obligations under capital leases 563 571
Other liabilities and deferred credits:    
Frequent flyer deferred revenue 2,873 2,879
Postretirement benefit liability 1,927 1,933
Pension liability 1,468 2,226
Advanced purchase of miles 1,124 1,217
Deferred income taxes 1,623 1,591
Lease fair value adjustment, net 410 466
Other 1,509 1,445
Total Other liabilities and deferred credits $ 10,934 $ 11,757
Commitments and contingencies    
Stockholder's equity:    
Preferred stock    
Common stock $ 4 $ 4
Additional capital invested 7,938 7,721
Accumulated deficit (2,182) (3,883)
Stock held in treasury, at cost (826) (367)
Accumulated other comprehensive income (loss) [1] (812) (1,079)
Total stockholders' equity 4,122 2,396
Total liabilities and stockholders' equity (deficit) 39,367 37,353
United Airlines, Inc.    
Current assets:    
Cash and cash equivalents 2,790 1,996
Short-term investments 2,189 2,382
Receivables, less allowance for doubtful accounts (2015-$22; 2014-$22) 1,471 1,146
Fuel hedge collateral deposits 181 577
Aircraft fuel, spare parts and supplies, less obsolescence allowance (2015-$187; 2014-$169) 656 666
Deferred income taxes 619 591
Prepaid expenses and other 929 823
Total current assets 8,835 8,181
Operating property and equipment: Owned-    
Flight equipment 22,555 21,107
Other property and equipment 4,220 4,016
Operating property and equipment - owned, gross 26,775 25,123
Less-Accumulated depreciation and amortization (7,726) (7,079)
Operating property and equipment - owned, net 19,049 18,044
Purchase deposits for flight equipment 951 706
Capital leases-    
Flight equipment 1,300 1,272
Other property and equipment 332 331
Operating property and equipment - capital leases, gross 1,632 1,603
Less-Accumulated amortization (931) (886)
Operating property and equipment - capital leases, net 701 717
Total property, plant, and equipment, net 20,701 19,467
Other assets:    
Goodwill 4,523 4,523
Intangibles, less accumulated amortization (2015-$1,093; 2014-$1,049) 4,220 4,284
Restricted cash 214 276
Other, net 916 1,377
Other assets total 9,873 10,460
Total assets 39,409 38,108
Current liabilities:    
Advance ticket sales 5,175 3,701
Frequent flyer deferred revenue 2,116 2,058
Accounts payable 2,327 1,886
Accrued salaries and benefits 1,846 1,818
Current maturities of long-term debt 1,047 1,313
Current maturities of capital leases 111 110
Fuel derivative instruments 401 694
Other 791 933
Total current liabilities 13,814 12,513
Long-term debt 9,938 10,120
Long-term obligations under capital leases 563 571
Other liabilities and deferred credits:    
Frequent flyer deferred revenue 2,873 2,879
Postretirement benefit liability 1,927 1,933
Pension liability 1,468 2,226
Advanced purchase of miles 1,124 1,217
Deferred income taxes 1,623 1,591
Lease fair value adjustment, net 410 466
Other 1,509 1,957
Total Other liabilities and deferred credits $ 10,934 $ 12,269
Commitments and contingencies    
Stockholder's equity:    
Common stock $ 0 $ 0
Additional capital invested 6,912 7,347
Accumulated deficit (1,926) (3,628)
Accumulated other comprehensive income (loss) (811) (1,079)
Receivable from related parties (15) (5)
Total stockholders' equity 4,160 2,635
Total liabilities and stockholders' equity (deficit) $ 39,409 $ 38,108
[1] UAL and United amounts are substantially the same except for additional gains (losses) related to investments and other of $1 million at United in the three and six months ended June 30, 2015 and $(1) million at United for the three months ended June 30, 2014.