Debt (Tables)

3 Months Ended

Mar. 31, 2018

Long-term debt and capital lease obligations included in the condensed consolidated balance sheets consisted of (in millions):



	March 31, 2018		December 31, 2017
Secured
2013 Credit Facilities, variable interest rate of 3.88%, installments through 2020	$	1,825	$	1,825
2014 Credit Facilities, variable interest rate of 3.74%, installments through 2021	728		728
April 2016 Credit Facilities, variable interest rate of 3.88%, installments through 2023	990		990
December 2016 Credit Facilities, variable interest rate of 3.78%, installments through 2023	1,238		1,238
Aircraft enhanced equipment trust certificates (EETCs), fixed interest rates ranging from 3.00% to 9.75%, averaging 4.25%, maturing from 2018 to 2029	11,764		11,881
Equipment loans and other notes payable, fixed and variable interest rates ranging from 2.34% to 8.48%, averaging 3.70%, maturing from 2018 to 2029	5,062		5,259
Special facility revenue bonds, fixed interest rates ranging from 5.00% to 8.00%, maturing from 2018 to 2035	857		857
Other secured obligations, fixed interest rates ranging from 3.81% to 12.24%, maturing from 2021 to 2028	755		773
	23,219		23,551
Unsecured
5.50% senior notes, interest only payments until due in 2019	750		750
6.125% senior notes, interest only payments until due in 2018	500		500
4.625% senior notes, interest only payments until due in 2020	500		500
	1,750		1,750
Total long-term debt and capital lease obligations	24,969		25,301
Less: Total unamortized debt discount, premium and issuance costs	230		236
Less: Current maturities	2,793		2,554
Long-term debt and capital lease obligations, net of current maturities	$	21,946	$	22,511

Summary of Availability under Revolving Credit Facilities

The table below shows the maximum availability under revolving credit facilities, all of which were undrawn, as of March 31, 2018 (in millions):



2013 Revolving Facility	$	1,200
2014 Revolving Facility	1,000
April 2016 Revolving Facility	300
Total	$	2,500

Secured Debt [Member] | Enhanced Equipment Trust Certificates (EETC) [Member]

Debt Instrument [Line Items]

Schedule of Long-Term Debt

Certain information regarding the 2017-2 EETC equipment notes and the remaining escrowed proceeds of the 2017-2 EETCs, as of March 31, 2018, is set forth in the table below.



	2017-2 EETCs
	Series AA	Series A	Series B
Aggregate principal issued	$545 million	$252 million	$221 million
Remaining escrowed proceeds	$39 million	$18 million	$16 million
Fixed interest rate per annum	3.35%	3.60%	3.70%
Maturity date	October 2029	October 2029	October 2025

American Airlines, Inc. [Member]

Debt Instrument [Line Items]

Schedule of Long-Term Debt

Long-term debt and capital lease obligations included in the condensed consolidated balance sheets consisted of (in millions):



	March 31, 2018		December 31, 2017
Secured
2013 Credit Facilities, variable interest rate of 3.88%, installments through 2020	$	1,825	$	1,825
2014 Credit Facilities, variable interest rate of 3.74%, installments through 2021	728		728
April 2016 Credit Facilities, variable interest rate of 3.88%, installments through 2023	990		990
December 2016 Credit Facilities, variable interest rate of 3.78%, installments through 2023	1,238		1,238
Aircraft enhanced equipment trust certificates (EETCs), fixed interest rates ranging from 3.00% to 9.75%, averaging 4.25%, maturing from 2018 to 2029	11,764		11,881
Equipment loans and other notes payable, fixed and variable interest rates ranging from 2.34% to 8.48%, averaging 3.70%, maturing from 2018 to 2029	5,062		5,259
Special facility revenue bonds, fixed interest rates ranging from 5.00% to 5.50%, maturing from 2018 to 2035	828		828
Other secured obligations, fixed interest rates ranging from 3.81% to 12.24%, maturing from 2021 to 2028	754		772
Total long-term debt and capital lease obligations	23,189		23,521
Less: Total unamortized debt discount, premium and issuance costs	223		227
Less: Current maturities	2,297		2,058
Long-term debt and capital lease obligations, net of current maturities	$	20,669	$	21,236

Summary of Availability under Revolving Credit Facilities

The table below shows the maximum availability under revolving credit facilities, all of which were undrawn, as of March 31, 2018 (in millions):



2013 Revolving Facility	$	1,200
2014 Revolving Facility	1,000
April 2016 Revolving Facility	300
Total	$	2,500

American Airlines, Inc. [Member] | Secured Debt [Member] | Enhanced Equipment Trust Certificates (EETC) [Member]

Debt Instrument [Line Items]

Schedule of Long-Term Debt

Certain information regarding the 2017-2 EETC equipment notes and the remaining escrowed proceeds of the 2017-2 EETCs, as of March 31, 2018, is set forth in the table below.



	2017-2 EETCs
	Series AA	Series A	Series B
Aggregate principal issued	$545 million	$252 million	$221 million
Remaining escrowed proceeds	$39 million	$18 million	$16 million
Fixed interest rate per annum	3.35%	3.60%	3.70%
Maturity date	October 2029	October 2029	October 2025