Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions	Sep. 30, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 13,150	$ 2,762
Short-term investments	552	2,182
Restricted cash	76	0
Receivables, less allowance for credit losses (2020 — $9; 2019 — $9)	1,171	1,364
Aircraft fuel, spare parts and supplies, less obsolescence allowance (2020 — $483; 2019 — $425)	961	1,072
Prepaid expenses and other	566	814
Total current assets	16,476	8,194
Operating property and equipment:
Flight equipment	38,167	35,421
Other property and equipment	8,470	7,926
Purchase deposits for flight equipment	1,174	1,360
Total operating property and equipment	47,811	44,707
Less — Accumulated depreciation and amortization	(16,161)	(14,537)
Total operating property and equipment, net	31,650	30,170
Operating lease right-of-use assets	4,544	4,758
Other assets:
Goodwill	4,527	4,523
Intangibles, less accumulated amortization (2020 — $1,481; 2019 — $1,440)	2,852	3,009
Restricted cash	172	106
Notes receivable, less allowance for credit losses (2020 — $559)	144	671
Investments in affiliates and other, net	824	1,180
Total other assets	8,519	9,489
Total assets	61,189	52,611
Current liabilities:
Advance ticket sales	4,907	4,819
Accounts payable	1,831	2,703
Frequent flyer deferred revenue	772	2,440
Accrued salaries and benefits	1,994	2,271
Current maturities of long-term debt	4,584	1,407
Current maturities of finance leases	136	46
Current maturities of operating leases	623	686
Other	944	566
Total current liabilities	15,791	14,938
Long-term debt	22,297	13,145
Long-term obligations under finance leases	278	220
Long-term obligations under operating leases	4,943	4,946
Other liabilities and deferred credits:
Frequent flyer deferred revenue	5,063	2,836
Postretirement benefit liability	1,012	789
Pension liability	2,282	1,446
Deferred income taxes	389	1,736
Other financial liabilities from sale-leasebacks	957	0
Other	1,174	1,024
Total other liabilities and deferred credits	10,877	7,831
Commitments and contingencies
Stockholders' equity:
Preferred stock	0	0
Common stock	3	3
Additional capital invested	7,383	6,129
Retained earnings	4,524	9,716
Stock held in treasury, at cost	(3,898)	(3,599)
Accumulated other comprehensive loss	(1,009)	(718)
Total stockholders' equity	7,003	11,531	[1]
Total liabilities and stockholders' equity	61,189	52,611
United Airlines, Inc.
Current assets:
Cash and cash equivalents	13,150	2,756
Short-term investments	552	2,182
Restricted cash	76	0
Receivables, less allowance for credit losses (2020 — $9; 2019 — $9)	1,171	1,364
Aircraft fuel, spare parts and supplies, less obsolescence allowance (2020 — $483; 2019 — $425)	961	1,072
Prepaid expenses and other	566	814
Total current assets	16,476	8,188
Operating property and equipment:
Flight equipment	38,167	35,421
Other property and equipment	8,470	7,926
Purchase deposits for flight equipment	1,174	1,360
Total operating property and equipment	47,811	44,707
Less — Accumulated depreciation and amortization	(16,161)	(14,537)
Total operating property and equipment, net	31,650	30,170
Operating lease right-of-use assets	4,544	4,758
Other assets:
Goodwill	4,527	4,523
Intangibles, less accumulated amortization (2020 — $1,481; 2019 — $1,440)	2,852	3,009
Restricted cash	172	106
Notes receivable, less allowance for credit losses (2020 — $559)	144	671
Investments in affiliates and other, net	824	1,180
Total other assets	8,519	9,489
Total assets	61,189	52,605
Current liabilities:
Advance ticket sales	4,907	4,819
Accounts payable	1,831	2,703
Frequent flyer deferred revenue	772	2,440
Accrued salaries and benefits	1,994	2,271
Current maturities of long-term debt	4,584	1,407
Current maturities of finance leases	136	46
Current maturities of operating leases	623	686
Other	948	571
Total current liabilities	15,795	14,943
Long-term debt	22,297	13,145
Long-term obligations under finance leases	278	220
Long-term obligations under operating leases	4,943	4,946
Other liabilities and deferred credits:
Frequent flyer deferred revenue	5,063	2,836
Postretirement benefit liability	1,012	789
Pension liability	2,282	1,446
Deferred income taxes	416	1,763
Other financial liabilities from sale-leasebacks	957	0
Other	1,174	1,025
Total other liabilities and deferred credits	10,904	7,859
Commitments and contingencies
Stockholders' equity:
Common stock	0	0
Additional capital invested	68	0
Retained earnings	6,835	12,353
Accumulated other comprehensive loss	(1,009)	(718)
Receivable from related parties	1,078	(143)
Total stockholders' equity	6,972	11,492
Total liabilities and stockholders' equity	$ 61,189	$ 52,605

[1] Transition adjustment due to the adoption of Accounting Standards Update No. 2016-13, Financial Instruments—Credit Losses. See Note 1 to the financial statements contained in Part I, Item 1 of this report for additional information.