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Fair Value Measurements (Tables)
 9 Months Ended
Sep. 30, 2023
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]  
Schedule 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, 2023
 TotalLevel 1Level 2Level 3
Short-term investments (1), (2):
Money market funds$444 $444 $— $— 
Corporate obligations5,880 — 5,880 — 
Bank notes/certificates of deposit/time deposits3,131 — 3,131 — 
Repurchase agreements550 — 550 — 
10,005 444 9,561 — 
Restricted cash and short-term investments (1), (3)
925 480 445 — 
Long-term investments (4)
174 174 — — 
Total$11,104 $1,098 $10,006 $— 
(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 and collateral associated with the payment of interest for the AAdvantage Financing.
(4)Long-term investments include our equity investments in China Southern Airlines Company Limited (China Southern Airlines), GOL Linhas Aéreas Inteligentes S.A. (GOL) and Vertical Aerospace Ltd. (Vertical). See Note 8 for further information on our equity investments.
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, 2023December 31, 2022
 
Carrying
Value
Fair
Value
Carrying
Value
Fair
Value
Long-term debt, including current maturities$32,915 $32,320 $34,903 $32,569 
American Airlines, Inc.  
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]  
Schedule 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, 2023
 TotalLevel 1Level 2Level 3
Short-term investments (1), (2):
Money market funds$442 $442 $— $— 
Corporate obligations5,880 — 5,880 — 
Bank notes/certificates of deposit/time deposits3,130 — 3,130 — 
Repurchase agreements550 — 550 — 
10,002 442 9,560 — 
Restricted cash and short-term investments (1), (3)
925 480 445 — 
Long-term investments (4)
174 174 — — 
Total$11,101 $1,096 $10,005 $— 
(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 and collateral associated with the payment of interest for the AAdvantage Financing.
(4)Long-term investments include American’s equity investments in China Southern Airlines Company Limited (China Southern Airlines), GOL Linhas Aéreas Inteligentes S.A. (GOL) and Vertical Aerospace Ltd. (Vertical). See Note 7 for further information on American’s equity investments.
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, 2023December 31, 2022
 Carrying
Value		Fair
Value		Carrying
Value		Fair
Value
Long-term debt, including current maturities$27,697 $27,236 $29,679 $28,453