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Condensed Consolidated Balance Sheet - USD ($)
$ in Millions
Mar. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 1,851 $ 1,680
Short-term investments 1,631 1,625
Accounts and other receivables 585 546
Inventories of parts and supplies, at cost 356 337
Prepaid expenses and other current assets 235 310
Total current assets 4,658 4,498
Property and equipment, at cost:    
Flight equipment 20,348 20,275
Ground property and equipment 3,908 3,779
Deposits on flight equipment purchase contracts 1,208 1,190
Assets constructed for others 1,319 1,220
Property and equipment, at cost 26,783 26,464
Less allowance for depreciation and amortization 9,497 9,420
Property and equipment, net 17,286 17,044
Goodwill 970 970
Other assets 849 774
Total assets 23,763 23,286
Current liabilities:    
Accounts payable 1,214 1,178
Accrued liabilities 1,947 1,985
Air traffic liability 4,012 3,115
Current maturities of long-term debt 285 566
Total current liabilities 7,458 6,844
Long-term debt less current maturities 2,781 2,821
Deferred income taxes 3,442 3,374
Construction obligation 1,175 1,078
Other noncurrent liabilities 703 728
Stockholders' equity:    
Common stock 808 808
Capital in excess of par value 1,419 1,410
Retained earnings 11,708 11,418
Accumulated other comprehensive loss (312) (323)
Treasury stock, at cost (5,419) (4,872)
Total stockholders' equity 8,204 8,441
Total liabilities and stockholders' equity $ 23,763 $ 23,286