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Consolidated Statements of Cash Flows - American Airlines, Inc. - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Cash flows from operating activities:      
Net income $ 111 $ 846 $ 822
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 2,219 2,245 2,254
Debt extinguishment costs 20 9 267
Special items, net non-cash (17) (1) 41
Pension and postretirement (31) (82) (13)
Deferred income tax provision 79 308 299
Share-based compensation, non-cash 57 92 102
Other, net (85) (249) (205)
Changes in operating assets and liabilities:      
Decrease (increase) in accounts receivable (74) 35 95
Increase in other assets (218) (314) (11)
Increase in accounts payable 335 257 209
Contributions to pension plans (228) (300) (73)
Increase (decrease) in other liabilities 22 (149) 379
Net cash provided by operating activities 3,099 3,983 3,803
Cash flows from investing activities:      
Capital expenditures and aircraft purchase deposits (3,779) (2,683) (2,596)
Proceeds from sale-leaseback transactions and sale of property and equipment 344 654 230
Sales of short-term investments 6,189 8,013 8,861
Purchases of short-term investments (4,905) (7,194) (7,323)
Decrease in restricted short-term investments 3 177 51
Other investing activities 254 65 275
Net cash used in investing activities (1,894) (968) (502)
Cash flows from financing activities:      
Payments on long-term debt and finance leases (5,504) (4,467) (7,718)
Proceeds from issuance of long-term debt 3,773 1,670 4,822
Other financing activities (160) (71) (310)
Net cash used in financing activities (1,051) (2,794) (3,206)
Net increase in cash and restricted cash 154 221 95
Cash and restricted cash at beginning of year 902 [1] 681 [1] 586
Cash and restricted cash at end of year [1] 1,056 902 681
Fuel Financing Arrangement      
Cash flows from financing activities:      
Net proceeds from fuel financing 840 74 0
American Airlines, Inc.      
Cash flows from operating activities:      
Net income 564 1,262 1,188
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 2,177 2,198 2,198
Debt extinguishment costs 20 9 267
Special items, net non-cash (17) (1) 41
Pension and postretirement (31) (82) (14)
Deferred income tax provision 197 426 394
Share-based compensation, non-cash 55 89 97
Other, net (91) (260) (216)
Changes in operating assets and liabilities:      
Decrease (increase) in accounts receivable (69) 33 104
Increase in other assets (144) (287) (2)
Increase in accounts payable 274 284 147
Increase in receivables from related parties, net (1,701) (1,099) (482)
Contributions to pension plans (225) (295) (71)
Increase (decrease) in other liabilities 12 (154) 418
Net cash provided by operating activities 1,930 3,409 3,706
Cash flows from investing activities:      
Capital expenditures and aircraft purchase deposits (3,716) (2,624) (2,542)
Proceeds from sale-leaseback transactions and sale of property and equipment 343 654 230
Sales of short-term investments 6,189 8,013 8,861
Purchases of short-term investments (4,905) (7,194) (7,324)
Decrease in restricted short-term investments 3 177 51
Other investing activities 254 65 275
Net cash used in investing activities (1,832) (909) (449)
Cash flows from financing activities:      
Payments on long-term debt and finance leases (4,503) (3,973) (7,697)
Proceeds from issuance of long-term debt 3,773 1,670 4,822
Other financing activities (63) (48) (287)
Net cash used in financing activities 47 (2,277) (3,162)
Net increase in cash and restricted cash 145 223 95
Cash and restricted cash at beginning of year 893 [2] 670 [2] 575
Cash and restricted cash at end of year [2] 1,038 893 670
American Airlines, Inc. | Fuel Financing Arrangement      
Cash flows from financing activities:      
Net proceeds from fuel financing 840 74 0
Air traffic liability      
Changes in operating assets and liabilities:      
Increase (decrease) in air traffic liability/loyalty program liability 399 559 (545)
Air traffic liability | American Airlines, Inc.      
Changes in operating assets and liabilities:      
Increase (decrease) in air traffic liability/loyalty program liability 399 559 (545)
Loyalty program liability      
Changes in operating assets and liabilities:      
Increase (decrease) in air traffic liability/loyalty program liability 510 727 182
Loyalty program liability | American Airlines, Inc.      
Changes in operating assets and liabilities:      
Increase (decrease) in air traffic liability/loyalty program liability $ 510 $ 727 $ 182
[1] The following table provides a reconciliation of cash and restricted cash to amounts reported within the consolidated balance sheets:
Cash$954 $804 $578 
Restricted cash included in restricted cash and short-term investments102 98 103 
Total cash and restricted cash$1,056 $902 $681 
[2] The following table provides a reconciliation of cash and restricted cash to amounts reported within the consolidated balance sheets:
Cash$936 $795 $567 
Restricted cash included in restricted cash and short-term investments102 98 103 
Total cash and restricted cash$1,038 $893 $670