XML 33 R5.htm IDEA: XBRL DOCUMENT v3.25.4
Consolidated Balance Sheets - American Airlines Group Inc. - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Current assets        
Cash $ 954 $ 804 $ 578  
Short-term investments 4,882 6,180    
Restricted cash and short-term investments 735 732    
Accounts receivable, net 2,075 2,006    
Aircraft fuel, spare parts and supplies, net 2,792 2,638    
Prepaid expenses and other 767 794    
Total current assets 12,205 13,154    
Operating property and equipment        
Flight equipment 46,597 43,521    
Ground property and equipment 10,479 10,202    
Equipment purchase deposits 656 1,012    
Total property and equipment, at cost 57,732 54,735    
Less accumulated depreciation and amortization (25,192) (23,608)    
Total property and equipment, net 32,540 31,127    
Operating lease right-of-use assets 7,091 7,333    
Other assets        
Goodwill 4,091 4,091    
Intangibles, net of accumulated amortization of $848 and $841, respectively 2,066 2,044    
Deferred tax asset 2,368 2,485    
Other assets 1,413 1,549    
Total other assets 9,938 10,169    
Total assets 61,774 61,783    
Current liabilities        
Current maturities of long-term debt and finance leases 3,753 5,322    
Accounts payable 2,840 2,455    
Accrued salaries and wages 2,128 2,150    
Operating lease liabilities 1,058 1,092    
Other accrued liabilities 2,916 2,887    
Total current liabilities 24,492 24,295    
Noncurrent liabilities        
Long-term debt and finance leases, net of current maturities 25,254 25,154    
Pension and postretirement benefits 1,568 2,128    
Loyalty program liability 6,839 6,498    
Operating lease liabilities 5,905 5,976    
Other liabilities 1,443 1,709    
Total noncurrent liabilities 41,009 41,465    
Commitments and contingencies (Note 11)    
Stockholders’ equity (deficit)        
Common stock, $0.01 par value; 1,750,000,000 shares authorized, 660,301,080 shares issued and outstanding at December 31, 2025; 657,566,166 shares issued and outstanding at December 31, 2024 7 7    
Additional paid-in capital 7,387 7,424    
Accumulated other comprehensive loss (4,389) (4,565)    
Retained deficit (6,732) (6,843)    
Total stockholders’ deficit (3,727) (3,977) (5,202) $ (5,799)
Total liabilities and stockholders’ equity (deficit) 61,774 61,783    
Fuel Financing Arrangement        
Current liabilities        
Fuel financing 914 74 $ 0  
Air traffic liability        
Current liabilities        
Air traffic liability/Loyalty program liability 7,158 6,759    
Loyalty program liability        
Current liabilities        
Air traffic liability/Loyalty program liability $ 3,725 $ 3,556