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Condensed Consolidated Balance Sheets - American Airlines Group Inc. - USD ($)
$ in Millions
Sep. 30, 2025
Jun. 30, 2025
Mar. 31, 2025
Dec. 31, 2024
Sep. 30, 2024
Jun. 30, 2024
Mar. 31, 2024
Dec. 31, 2023
Current assets                
Cash $ 835     $ 804 $ 834      
Short-term investments 6,023     6,180        
Restricted cash and short-term investments 760     732        
Accounts receivable, net 2,028     2,006        
Aircraft fuel, spare parts and supplies, net 2,782     2,638        
Prepaid expenses and other 822     794        
Total current assets 13,250     13,154        
Operating property and equipment                
Flight equipment 44,994     43,521        
Ground property and equipment 10,366     10,202        
Equipment purchase deposits 850     1,012        
Total property and equipment, at cost 56,210     54,735        
Less accumulated depreciation and amortization (24,752)     (23,608)        
Total property and equipment, net 31,458     31,127        
Operating lease right-of-use assets 7,495     7,333        
Other assets                
Goodwill 4,091     4,091        
Intangibles, net of accumulated amortization of $847 and $841, respectively 2,038     2,044        
Deferred tax asset 2,435     2,485        
Other assets 1,374     1,549        
Total other assets 9,938     10,169        
Total assets 62,141     61,783        
Current liabilities                
Current maturities of long-term debt and finance leases 3,604     5,322        
Accounts payable 2,833     2,455        
Accrued salaries and wages 2,053     2,150        
Operating lease liabilities 1,143     1,092        
Other accrued liabilities 3,214     2,961        
Total current liabilities 24,638     24,295        
Noncurrent liabilities                
Long-term debt and finance leases, net of current maturities 25,113     25,154        
Pension and postretirement benefits 1,759     2,128        
Loyalty program liability 6,815     6,498        
Operating lease liabilities 6,204     5,976        
Other liabilities 1,574     1,709        
Total noncurrent liabilities 41,465     41,465        
Commitments and contingencies            
Stockholder’s equity                
Common stock, $0.01 par value; 1,750,000,000 shares authorized, 660,064,930 shares issued and outstanding at September 30, 2025; 657,566,166 shares issued and outstanding at December 31, 2024 7     7        
Additional paid-in capital 7,377     7,424        
Accumulated other comprehensive loss (4,515)     (4,565)        
Retained deficit (6,831)     (6,843)        
Total stockholders' equity (deficit) (3,962) $ (3,870) $ (4,508) (3,977) $ (4,854) $ (4,746) $ (5,500) $ (5,202)
Total liabilities and stockholders’ equity (deficit) 62,141     61,783        
Air traffic liability                
Current liabilities                
Deferred revenue, current 8,092     6,759        
Loyalty program liability                
Current liabilities                
Deferred revenue, current $ 3,699     $ 3,556