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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Assets    
Cash and cash equivalents $ 690,408 $ 766,418
Restricted cash 11,129 13,599
Flight equipment subject to operating leases 30,924,948 29,466,888
Less accumulated depreciation (5,175,430) (4,928,503)
Flight equipment subject to operating leases, net 25,749,518 24,538,385
Deposits on flight equipment purchases 1,220,332 1,344,973
Other assets 1,691,754 1,733,330
Total assets 29,363,141 28,396,705
Liabilities and Shareholders’ Equity    
Accrued interest and other payables 681,096 696,899
Debt financing, net of discounts and issuance costs 19,447,601 18,641,063
Security deposits and maintenance reserves on flight equipment leases 1,336,891 1,293,929
Rentals received in advance 153,588 147,654
Deferred tax liability 999,379 970,797
Total liabilities 22,618,555 21,750,342
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, 2023 and December 31, 2022, respectively 106 106
Paid-in capital 3,258,639 3,255,973
Retained earnings 3,482,912 3,386,820
Accumulated other comprehensive income 1,819 2,355
Total shareholders’ equity 6,744,586 6,646,363
Total liabilities and shareholders’ equity 29,363,141 28,396,705
Class A Common Stock    
Shareholders’ Equity    
Common stock 1,110 1,109
Class B Non‑Voting Common Stock    
Shareholders’ Equity    
Common stock $ 0 $ 0