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Consolidated Balance Sheet - USD ($)
$ in Millions
Dec. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 11,063 $ 2,548
Short-term investments 2,271 1,524
Accounts and other receivables 1,130 1,086
Inventories of parts and supplies, at cost 414 529
Prepaid expenses and other current assets 295 287
Total current assets 15,173 5,974
Property and equipment, at cost:    
Flight equipment 20,877 21,629
Ground property and equipment 6,083 5,672
Deposits on flight equipment purchase contracts 305 248
Assets constructed for others 309 164
Property and equipment, at cost 27,574 27,713
Less allowance for depreciation and amortization 11,743 10,688
Property and equipment, net 15,831 17,025
Goodwill 970 970
Operating lease right-of-use assets 1,892 1,349
Total assets 34,588 25,895
Current liabilities:    
Accounts payable 931 1,574
Accrued liabilities 2,259 1,749
Current operating lease liabilities 306 353
Air traffic liability 3,790 4,457
Current maturities of long-term debt 220 819
Total current liabilities 7,506 8,952
Long-term debt less current maturities 10,111 1,846
Air traffic liability - noncurrent 3,343 1,053
Deferred income taxes 1,634 2,364
Construction obligation 309 164
Noncurrent operating lease liabilities 1,562 978
Other noncurrent liabilities 1,247 706
Stockholders' equity:    
Common stock, $1.00 par value: 2,000,000,000 shares authorized; 888,111,634 and 807,611,634 shares issued in 2020 and 2019 respectively 888 808
Capital in excess of par value 4,191 1,581
Retained earnings 14,777 17,945
Accumulated other comprehensive income (loss) (105) (61)
Treasury stock, at cost: 297,637,297 and 288,547,318 shares in 2020 and 2019 respectively (10,875) (10,441)
Total stockholders' equity 8,876 9,832
Total liabilities and stockholders' equity $ 34,588 $ 25,895
Common stock, par value (in dollars per share) $ 1.00 $ 1.00
Common stock, shares authorized (in shares) 2,000,000,000 2,000,000,000
Common stock, shares issued (in shares) 888,111,634 807,611,634
Treasury stock, at cost: shares (in shares) 297,637,297 288,547,318