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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2020
Dec. 31, 2019
Current assets    
Cash $ 253 $ 280
Short-term investments 8,031 3,546
Restricted cash and short-term investments 508 158
Accounts receivable, net 1,135 1,750
Aircraft fuel, spare parts and supplies, net 1,633 1,851
Prepaid expenses and other 780 621
Total current assets 12,340 8,206
Operating property and equipment    
Flight equipment 37,576 42,537
Ground property and equipment 9,451 9,443
Equipment purchase deposits 1,899 1,674
Total property and equipment, at cost 48,926 53,654
Less accumulated depreciation and amortization (16,670) (18,659)
Total property and equipment, net 32,256 34,995
Operating lease right-of-use assets 7,979 8,737
Other assets    
Goodwill 4,091 4,091
Intangibles, net of accumulated amortization of $734 and $704, respectively 2,039 2,084
Deferred tax asset 2,425 645
Other assets 1,643 1,237
Total other assets 10,198 8,057
Total assets 62,773 59,995
Current liabilities    
Current maturities of long-term debt and finance leases 2,710 2,861
Accounts payable 1,077 2,062
Accrued salaries and wages 1,919 1,541
Operating lease liabilities 1,736 1,708
Other accrued liabilities 2,188 2,138
Total current liabilities 16,584 18,311
Noncurrent liabilities    
Long-term debt and finance leases, net of current maturities 30,076 21,454
Pension and postretirement benefits 6,310 6,052
Loyalty program liability 7,043 5,422
Operating lease liabilities 6,683 7,421
Other liabilities 1,605 1,453
Total noncurrent liabilities 51,717 41,802
Commitments and contingencies
Stockholders’ equity (deficit)    
Common stock, $0.01 par value; 1,750,000,000 shares authorized, 508,603,895 shares issued and outstanding at September 30, 2020; 428,202,506 shares issued and outstanding at December 31, 2019 5 4
Additional paid-in capital 5,430 3,945
Accumulated other comprehensive loss (6,476) (6,331)
Retained earnings (deficit) (4,487) 2,264
Total stockholders’ deficit (5,528) (118)
Total liabilities and stockholders’ equity (deficit) 62,773 59,995
Air traffic liability    
Current liabilities    
Deferred revenue, current 4,903 4,808
Loyalty program liability    
Current liabilities    
Deferred revenue, current 2,051 3,193
American Airlines, Inc.    
Current assets    
Cash 243 267
Short-term investments 8,029 3,543
Restricted cash and short-term investments 508 158
Accounts receivable, net 1,129 1,770
Receivables from related parties, net 9,183 12,451
Aircraft fuel, spare parts and supplies, net 1,535 1,754
Prepaid expenses and other 727 584
Total current assets 21,354 20,527
Operating property and equipment    
Flight equipment 37,252 42,213
Ground property and equipment 9,088 9,089
Equipment purchase deposits 1,899 1,674
Total property and equipment, at cost 48,239 52,976
Less accumulated depreciation and amortization (16,318) (18,335)
Total property and equipment, net 31,921 34,641
Operating lease right-of-use assets 7,942 8,694
Other assets    
Goodwill 4,091 4,091
Intangibles, net of accumulated amortization of $734 and $704, respectively 2,039 2,084
Deferred tax asset 2,450 689
Other assets 1,521 1,164
Total other assets 10,101 8,028
Total assets 71,318 71,890
Current liabilities    
Current maturities of long-term debt and finance leases 2,713 2,358
Accounts payable 999 1,990
Accrued salaries and wages 1,859 1,461
Operating lease liabilities 1,724 1,695
Other accrued liabilities 2,093 2,055
Total current liabilities 16,342 17,560
Noncurrent liabilities    
Long-term debt and finance leases, net of current maturities 26,478 20,684
Pension and postretirement benefits 6,267 6,008
Loyalty program liability 7,043 5,422
Operating lease liabilities 6,655 7,388
Other liabilities 1,545 1,406
Total noncurrent liabilities 47,988 40,908
Commitments and contingencies
Stockholders’ equity (deficit)    
Common stock, $0.01 par value; 1,750,000,000 shares authorized, 508,603,895 shares issued and outstanding at September 30, 2020; 428,202,506 shares issued and outstanding at December 31, 2019 0 0
Additional paid-in capital 17,028 16,903
Accumulated other comprehensive loss (6,569) (6,423)
Retained earnings (deficit) (3,471) 2,942
Total stockholders’ deficit 6,988 13,422
Total liabilities and stockholders’ equity (deficit) 71,318 71,890
American Airlines, Inc. | Air traffic liability    
Current liabilities    
Deferred revenue, current 4,903 4,808
American Airlines, Inc. | Loyalty program liability    
Current liabilities    
Deferred revenue, current $ 2,051 $ 3,193