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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Net cash provided by (used in) operating activities $ (1,076) $ 2,387
Cash flows from investing activities:    
Capital expenditures and aircraft purchase deposits (1,233) (2,323)
Proceeds from sale-leaseback transactions 376 518
Proceeds from sale of property and equipment 148 19
Purchases of short-term investments (7,936) (2,201)
Sales of short-term investments 2,131 1,611
Increase in restricted short-term investments (386) (2)
Other investing activities (61) (35)
Net cash used in investing activities (6,961) (2,413)
Cash flows from financing activities:    
Proceeds from issuance of long-term debt 9,464 2,589
Payments on long-term debt and finance leases (2,477) (1,781)
Proceeds from issuance of equity 1,527 0
Deferred financing costs (84) (23)
Treasury stock repurchases (173) (625)
Dividend payments (43) (90)
Net cash provided by financing activities 8,214 70
Net increase in cash and restricted cash 177 44
Cash and restricted cash at beginning of period 290 286
Cash and restricted cash at end of period [1] 467 330
Non-cash transactions:    
Right-of-use (ROU) assets acquired through operating leases 421 708
Settlement of bankruptcy obligations 56 7
Payroll Support Program Warrants 55 0
Deferred financing costs paid through issuance of debt 17 0
Property and equipment acquired through finance leases 0 4
Supplemental information:    
Interest paid, net 501 559
Income taxes paid 2 4
American Airlines, Inc. [Member]    
Net cash provided by (used in) operating activities 2,295 2,335
Cash flows from investing activities:    
Capital expenditures and aircraft purchase deposits (1,208) (2,255)
Proceeds from sale-leaseback transactions 376 518
Proceeds from sale of property and equipment 148 19
Purchases of short-term investments (7,936) (2,190)
Sales of short-term investments 2,131 1,611
Increase in restricted short-term investments (386) (2)
Other investing activities (62) (35)
Net cash used in investing activities (6,937) (2,334)
Cash flows from financing activities:    
Proceeds from issuance of long-term debt 6,868 1,839
Payments on long-term debt and finance leases (1,971) (1,781)
Deferred financing costs (75) (13)
Net cash provided by financing activities 4,822 45
Net increase in cash and restricted cash 180 46
Cash and restricted cash at beginning of period 277 276
Cash and restricted cash at end of period [2] 457 322
Non-cash transactions:    
Right-of-use (ROU) assets acquired through operating leases 412 708
Settlement of bankruptcy obligations 56 7
Deferred financing costs paid through issuance of debt 17 0
Property and equipment acquired through finance leases 0 4
Supplemental information:    
Interest paid, net 469 526
Income taxes paid $ 2 $ 4
[1]
The following table provides a reconciliation of cash and restricted cash to amounts reported within the condensed consolidated balance sheets:
Cash
$
462

 
$
319

Restricted cash included in restricted cash and short-term investments
5

 
11

Total cash and restricted cash
$
467

 
$
330


[2]
The following table provides a reconciliation of cash and restricted cash to amounts reported within the condensed consolidated balance sheets:
Cash
$
452

 
$
311

Restricted cash included in restricted cash and short-term investments
5

 
11

Total cash and restricted cash
$
457

 
$
322