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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Assets    
Cash and cash equivalents $ 1,490,765 $ 1,086,500
Restricted cash 21,291 21,792
Flight equipment subject to operating leases 26,552,246 27,101,808
Less accumulated depreciation (4,267,934) (4,202,804)
Flight equipment subject to operating leases, net 22,284,312 22,899,004
Deposits on flight equipment purchases 1,626,874 1,508,892
Other assets 1,451,607 1,452,534
Total assets 26,874,849 26,968,722
Liabilities and Shareholders’ Equity    
Accrued interest and other payables 544,280 611,757
Debt financing, net of discounts and issuance costs 17,824,725 17,022,480
Security deposits and maintenance reserves on flight equipment leases 1,120,234 1,173,831
Rentals received in advance 135,642 138,816
Deferred tax liability 880,383 1,013,270
Total liabilities 20,505,264 19,960,154
Shareholders’ Equity    
Preferred Stock, $0.01 par value; 50,000,000 shares authorized; 10,600,000 (aggregate liquidation preference of $850,000) shares issued and outstanding at March 31, 2022 and December 31, 2021, respectively 106 106
Paid-in capital 3,259,105 3,399,245
Retained earnings 3,109,331 3,609,885
Accumulated other comprehensive loss (70) (1,808)
Total shareholders’ equity 6,369,585 7,008,568
Total liabilities and shareholders’ equity 26,874,849 26,968,722
Class A Common Stock    
Shareholders’ Equity    
Common stock 1,113 1,140
Class B Non-Voting Common Stock    
Shareholders’ Equity    
Common stock $ 0 $ 0