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Condensed Consolidated Balance Sheets - American Airlines Group Inc. - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Mar. 31, 2023
Dec. 31, 2022
Current assets        
Cash $ 604 $ 578 $ 452  
Short-term investments 7,696 7,000    
Restricted cash and short-term investments 895 910    
Accounts receivable, net 2,070 2,026    
Aircraft fuel, spare parts and supplies, net 2,500 2,400    
Prepaid expenses and other 777 658    
Total current assets 14,542 13,572    
Operating property and equipment        
Flight equipment 42,074 41,794    
Ground property and equipment 10,397 10,307    
Equipment purchase deposits 1,126 760    
Total property and equipment, at cost 53,597 52,861    
Less accumulated depreciation and amortization (22,440) (22,097)    
Total property and equipment, net 31,157 30,764    
Operating lease right-of-use assets 7,899 7,939    
Other assets        
Goodwill 4,091 4,091    
Intangibles, net of accumulated amortization of $835 and $834, respectively 2,049 2,051    
Deferred tax asset 2,986 2,888    
Other assets 1,660 1,753    
Total other assets 10,786 10,783    
Total assets 64,384 63,058    
Current liabilities        
Current maturities of long-term debt and finance leases 4,102 3,632    
Accounts payable 2,927 2,353    
Accrued salaries and wages 1,726 2,377    
Operating lease liabilities 1,273 1,309    
Other accrued liabilities 2,821 2,738    
Total current liabilities 24,993 22,062    
Noncurrent liabilities        
Long-term debt and finance leases, net of current maturities 28,228 29,270    
Pension and postretirement benefits 2,709 3,044    
Loyalty program liability 5,994 5,874    
Operating lease liabilities 6,457 6,452    
Other liabilities 1,503 1,558    
Total noncurrent liabilities 44,891 46,198    
Commitments and contingencies    
Stockholder’s equity        
Common stock, $0.01 par value; 1,750,000,000 shares authorized, 656,045,635 shares issued and outstanding at March 31, 2024; 654,273,192 shares issued and outstanding at December 31, 2023 7 7    
Additional paid-in capital 7,371 7,374    
Accumulated other comprehensive loss (4,877) (4,894)    
Retained deficit (8,001) (7,689)    
Total stockholders’ deficit (5,500) (5,202) $ (5,771) $ (5,799)
Total liabilities and stockholders’ equity (deficit) 64,384 63,058    
Air traffic liability        
Current liabilities        
Deferred revenue, current 8,526 6,200    
Loyalty program liability        
Current liabilities        
Deferred revenue, current $ 3,618 $ 3,453