XML 32 R9.htm IDEA: XBRL DOCUMENT v3.24.0.1
Consolidated Balance Sheets - American Airlines, Inc. - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Current assets    
Cash $ 578 $ 440
Short-term investments 7,000 8,525
Restricted cash and short-term investments 910 995
Accounts receivable, net 2,026 2,138
Aircraft fuel, spare parts and supplies, net 2,400 2,279
Prepaid expenses and other 658 892
Total current assets 13,572 15,269
Operating property and equipment    
Flight equipment 41,794 39,703
Ground property and equipment 10,307 9,913
Equipment purchase deposits 760 613
Total property and equipment, at cost 52,861 50,229
Less accumulated depreciation and amortization (22,097) (20,029)
Total property and equipment, net 30,764 30,200
Operating lease right-of-use assets 7,939 8,094
Other assets    
Goodwill 4,091 4,091
Intangibles, net of accumulated amortization of $834 and $827, respectively 2,051 2,059
Deferred tax asset 2,888 3,099
Other assets 1,753 1,904
Total other assets 10,783 11,153
Total assets 63,058 64,716
Current liabilities    
Current maturities of long-term debt and finance leases 3,632 3,274
Accounts payable 2,353 2,149
Accrued salaries and wages 2,377 1,713
Operating lease liabilities 1,309 1,465
Other accrued liabilities 2,738 2,981
Total current liabilities 22,062 21,496
Noncurrent liabilities    
Long-term debt and finance leases, net of current maturities 29,270 32,389
Pension and postretirement benefits 3,044 2,837
Loyalty program liability 5,874 5,976
Operating lease liabilities 6,452 6,559
Other liabilities 1,558 1,258
Total noncurrent liabilities 46,198 49,019
Commitments and contingencies
Stockholders’ equity (deficit)    
Common stock, $0.01 par value; 1,750,000,000 shares authorized, 654,273,192 shares issued and outstanding at December 31, 2023; 650,642,461 shares issued and outstanding at December 31, 2022 7 6
Additional paid-in capital 7,374 7,291
Accumulated other comprehensive loss (4,894) (4,585)
Retained deficit (7,689) (8,511)
Total stockholders’ deficit (5,202) (5,799)
Total liabilities and stockholders’ equity (deficit) 63,058 64,716
Air traffic liability    
Current liabilities    
Deferred revenue, current 6,200 6,745
Loyalty program liability    
Current liabilities    
Deferred revenue, current 3,453 3,169
American Airlines, Inc.    
Current assets    
Cash 567 429
Short-term investments 6,998 8,523
Restricted cash and short-term investments 910 995
Accounts receivable, net 1,995 2,117
Receivables from related parties, net 7,070 6,588
Aircraft fuel, spare parts and supplies, net 2,266 2,157
Prepaid expenses and other 561 798
Total current assets 20,367 21,607
Operating property and equipment    
Flight equipment 41,440 39,359
Ground property and equipment 9,848 9,479
Equipment purchase deposits 760 613
Total property and equipment, at cost 52,048 49,451
Less accumulated depreciation and amortization (21,588) (19,569)
Total property and equipment, net 30,460 29,882
Operating lease right-of-use assets 7,886 8,033
Other assets    
Goodwill 4,091 4,091
Intangibles, net of accumulated amortization of $834 and $827, respectively 2,051 2,059
Deferred tax asset 2,589 2,893
Other assets 1,630 1,759
Total other assets 10,361 10,802
Total assets 69,074 70,324
Current liabilities    
Current maturities of long-term debt and finance leases 3,625 3,267
Accounts payable 2,232 2,071
Accrued salaries and wages 2,210 1,529
Operating lease liabilities 1,292 1,449
Other accrued liabilities 2,605 2,852
Total current liabilities 21,617 21,082
Noncurrent liabilities    
Long-term debt and finance leases, net of current maturities 24,050 27,155
Pension and postretirement benefits 3,020 2,811
Loyalty program liability 5,874 5,976
Operating lease liabilities 6,416 6,512
Other liabilities 1,520 1,195
Total noncurrent liabilities 40,880 43,649
Commitments and contingencies
Stockholders’ equity (deficit)    
Common stock, $0.01 par value; 1,750,000,000 shares authorized, 654,273,192 shares issued and outstanding at December 31, 2023; 650,642,461 shares issued and outstanding at December 31, 2022 0 0
Additional paid-in capital 17,335 17,230
Accumulated other comprehensive loss (4,999) (4,690)
Retained deficit (5,759) (6,947)
Total stockholders’ deficit 6,577 5,593
Total liabilities and stockholders’ equity (deficit) 69,074 70,324
American Airlines, Inc. | Air traffic liability    
Current liabilities    
Deferred revenue, current 6,200 6,745
American Airlines, Inc. | Loyalty program liability    
Current liabilities    
Deferred revenue, current $ 3,453 $ 3,169