Leases (Tables)

12 Months Ended

Dec. 31, 2018

Lessee, Lease, Description [Line Items]

Components of Lease Expense

The components of lease expense were as follows (in millions):

	Year Ended December 31, 2018
Operating lease cost	$	1,907
Finance lease cost:
Amortization of assets	78
Interest on lease liabilities	48
Variable lease cost	2,353
Total net lease cost	$	4,386

Supplemental Balance Sheet Information

Supplemental balance sheet information related to leases was as follows (in millions, except lease term and discount rate):

	December 31, 2018
Operating leases:
Operating lease ROU assets	$	9,151
Current operating lease liabilities	$	1,654
Noncurrent operating lease liabilities	7,902
Total operating lease liabilities	$	9,556
Finance leases:
Property and equipment, at cost	$	936
Accumulated amortization	(391		)
Property and equipment, net	$	545
Current obligations of finance leases	$	81
Finance leases, net of current obligations	613
Total finance lease liabilities	$	694
Weighted average remaining lease term (in years):
Operating leases	7.6
Finance leases	7.4
Weighted average discount rate:
Operating leases	4.6		%
Finance leases	6.5		%

Supplemental Cash Flow and Other Information

Supplemental cash flow and other information related to leases was as follows (in millions):

	Year Ended December 31, 2018
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	1,931
Operating cash flows from finance leases	48
Financing cash flows from finance leases	78
ROU assets obtained in exchange for lease liabilities:
Operating leases	1,292
Gain on sale leaseback transactions, net	59

Maturities of Operating Lease Liabilities

Maturities of lease liabilities were as follows (in millions):

	December 31, 2018
	Operating Leases			Finance Leases
2019	$	1,912		$	124
2020	1,838			120
2021	1,636			118
2022	1,438			122
2023	1,255			105
2024 and thereafter	3,620			282
Total lease payments	11,699			871
Less: Imputed interest	(2,143		)	(177		)
Total lease obligations	9,556			694
Less: Current obligations	(1,654		)	(81		)
Long-term lease obligations	$	7,902		$	613

Maturities of Finance Lease Liabilities

Maturities of lease liabilities were as follows (in millions):

	December 31, 2018
	Operating Leases			Finance Leases
2019	$	1,912		$	124
2020	1,838			120
2021	1,636			118
2022	1,438			122
2023	1,255			105
2024 and thereafter	3,620			282
Total lease payments	11,699			871
Less: Imputed interest	(2,143		)	(177		)
Total lease obligations	9,556			694
Less: Current obligations	(1,654		)	(81		)
Long-term lease obligations	$	7,902		$	613

Future Minimum Lease Payment Obligations Under Operating Leases

As of December 31, 2017, future minimum lease payment obligations under noncancellable operating leases, including payments for the lease of certain aircraft under capacity purchase agreements, as well as payments under capital lease obligations were as follows (in millions):

	December 31, 2017
	Operating Leases		Capital Leases
2018	$	2,572	$	126
2019	2,329		123
2020	2,104		120
2021	1,621		118
2022	1,398		122
2023 and thereafter	3,965		387
Total lease payments	$	13,989	996
Less: Imputed interest			(225		)
Total lease obligations			771
Less: Current obligations			(78		)
Long-term lease obligations			$	693

Future Minimum Lease Payment Obligations Under Capital Leases

As of December 31, 2017, future minimum lease payment obligations under noncancellable operating leases, including payments for the lease of certain aircraft under capacity purchase agreements, as well as payments under capital lease obligations were as follows (in millions):

	December 31, 2017
	Operating Leases		Capital Leases
2018	$	2,572	$	126
2019	2,329		123
2020	2,104		120
2021	1,621		118
2022	1,398		122
2023 and thereafter	3,965		387
Total lease payments	$	13,989	996
Less: Imputed interest			(225		)
Total lease obligations			771
Less: Current obligations			(78		)
Long-term lease obligations			$	693

American Airlines, Inc. [Member]

Lessee, Lease, Description [Line Items]

Components of Lease Expense

The components of lease expense were as follows (in millions):

	Year Ended December 31, 2018
Operating lease cost	$	1,889
Finance lease cost:
Amortization of assets	78
Interest on lease liabilities	48
Variable lease cost	2,353
Total net lease cost	$	4,368

Supplemental Balance Sheet Information

Supplemental balance sheet information related to leases was as follows (in millions, except lease term and discount rate):

	December 31, 2018
Operating leases:
Operating lease ROU assets	$	9,094
Current operating lease liabilities	1,639
Noncurrent operating lease liabilities	7,857
Total operating lease liabilities	$	9,496
Finance leases:
Property and equipment, at cost	$	936
Accumulated amortization	(391		)
Property and equipment, net	$	545
Current obligations of finance leases	$	81
Finance leases, net of current obligations	613
Total finance lease liabilities	$	694
Weighted average remaining lease term (in years):
Operating leases	7.6
Finance leases	7.4
Weighted average discount rate:
Operating leases	4.6		%
Finance leases	6.5		%

Supplemental Cash Flow and Other Information

Supplemental cash flow and other information related to leases was as follows (in millions):

	Year Ended December 31, 2018
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	1,914
Operating cash flows from finance leases	48
Financing cash flows from finance leases	78
ROU assets obtained in exchange for lease liabilities:
Operating leases	1,258
Gain on sale leaseback transactions, net	59

Maturities of Operating Lease Liabilities

Maturities of lease liabilities were as follows (in millions):

	December 31, 2018
	Operating Leases			Finance Leases
2019	$	1,894		$	124
2020	1,824			120
2021	1,625			118
2022	1,428			122
2023	1,250			105
2024 and thereafter	3,611			282
Total lease payments	11,632			871
Less: Imputed interest	(2,136		)	(177		)
Total lease obligations	9,496			694
Less: Current obligations	(1,639		)	(81		)
Long-term lease obligations	$	7,857		$	613

Maturities of Finance Lease Liabilities

Maturities of lease liabilities were as follows (in millions):

	December 31, 2018
	Operating Leases			Finance Leases
2019	$	1,894		$	124
2020	1,824			120
2021	1,625			118
2022	1,428			122
2023	1,250			105
2024 and thereafter	3,611			282
Total lease payments	11,632			871
Less: Imputed interest	(2,136		)	(177		)
Total lease obligations	9,496			694
Less: Current obligations	(1,639		)	(81		)
Long-term lease obligations	$	7,857		$	613

Future Minimum Lease Payment Obligations Under Operating Leases

As of December 31, 2017, future minimum lease payment obligations under noncancellable operating leases, including payments for the lease of certain aircraft under capacity purchase agreements, as well as payments under capital lease obligations were as follows (in millions):

	December 31, 2017
	Operating Leases		Capital Leases
2018	$	2,555	$	126
2019	2,321		123
2020	2,096		120
2021	1,613		118
2022	1,394		122
2023 and thereafter	3,952		387
Total lease payments	$	13,931	996
Less: Imputed interest			(225		)
Total lease obligations			771
Less: Current obligations			(78		)
Long-term lease obligations			$	693

Future Minimum Lease Payment Obligations Under Capital Leases

As of December 31, 2017, future minimum lease payment obligations under noncancellable operating leases, including payments for the lease of certain aircraft under capacity purchase agreements, as well as payments under capital lease obligations were as follows (in millions):

	December 31, 2017
	Operating Leases		Capital Leases
2018	$	2,555	$	126
2019	2,321		123
2020	2,096		120
2021	1,613		118
2022	1,394		122
2023 and thereafter	3,952		387
Total lease payments	$	13,931	996
Less: Imputed interest			(225		)
Total lease obligations			771
Less: Current obligations			(78		)
Long-term lease obligations			$	693