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Fair Value Measurements and Other Investments (Tables)
 9 Months Ended
Sep. 30, 2022
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]  
Summary of Assets Measured at Fair Value on Recurring Basis
Assets measured at fair value on a recurring basis are summarized below (in millions):
 Fair Value Measurements as of September 30, 2022
 TotalLevel 1Level 2Level 3
Short-term investments (1), (2):
Money market funds$281 $281 $— $— 
Corporate obligations5,719 — 5,719 — 
Bank notes/certificates of deposit/time deposits3,860 — 3,860 — 
Repurchase agreements1,040 — 1,040 — 
10,900 281 10,619 — 
Restricted cash and short-term investments (1), (3)
953 546 407 — 
Long-term investments (4)
284 284 — — 
Total$12,137 $1,111 $11,026 $— 
(1)All short-term investments are classified as available-for-sale and stated at fair value. Unrealized gains and losses are recorded in accumulated other comprehensive loss at each reporting period. There were no credit losses.
(2)Our short-term investments mature in one year or less.
(3)Restricted cash and short-term investments primarily include collateral held to support workers' compensation obligations, collateral associated with the payment of interest for the AAdvantage Financing and money market funds to be used to finance a substantial portion of the cost of the renovation and expansion of Terminal 8 at John F. Kennedy International Airport.
(4)Long-term investments include our equity investments in China Southern Airlines, Vertical and GOL. These investments are reflected in other assets on the condensed consolidated balance sheets.
Schedule of Carrying Value and Estimated Fair Value of Long-Term Debt, Including Current Maturities
The carrying value and estimated fair value of our long-term debt, including current maturities, were as follows (in millions):
 September 30, 2022December 31, 2021
 
Carrying
Value
Fair
Value
Carrying
Value
Fair
Value
Long-term debt, including current maturities$36,158 $33,139 $37,323 $38,567 
American Airlines, Inc.  
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]  
Summary of Assets Measured at Fair Value on Recurring Basis
Assets measured at fair value on a recurring basis are summarized below (in millions):
 Fair Value Measurements as of September 30, 2022
 TotalLevel 1Level 2Level 3
Short-term investments (1), (2):
Money market funds$280 $280 $— $— 
Corporate obligations5,719 — 5,719 — 
Bank notes/certificates of deposit/time deposits3,859 — 3,859 — 
Repurchase agreements1,040 — 1,040 — 
10,898 280 10,618 — 
Restricted cash and short-term investments (1), (3)
953 546 407 — 
Long-term investments (4)
284 284 — — 
Total$12,135 $1,110 $11,025 $— 
(1)All short-term investments are classified as available-for-sale and stated at fair value. Unrealized gains and losses are recorded in accumulated other comprehensive loss at each reporting period. There were no credit losses.
(2)American’s short-term investments mature in one year or less.
(3)Restricted cash and short-term investments primarily include collateral held to support workers' compensation obligations, collateral associated with the payment of interest for the AAdvantage Financing and money market funds to be used to finance a substantial portion of the cost of the renovation and expansion of Terminal 8 at John F. Kennedy International Airport.
(4)Long-term investments include American's equity investments in China Southern Airlines, Vertical and GOL. These investments are reflected in other assets on the condensed consolidated balance sheets.
Schedule of Carrying Value and Estimated Fair Value of Long-Term Debt, Including Current Maturities
The carrying value and estimated fair value of American’s long-term debt, including current maturities, were as follows (in millions):
 September 30, 2022December 31, 2021
 Carrying
Value		Fair
Value		Carrying
Value		Fair
Value
Long-term debt, including current maturities$30,935 $29,257 $31,357 $32,999