Debt

3 Months Ended

Mar. 31, 2019

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



	March 31, 2019		December 31, 2018
Secured
2013 Credit Facilities, variable interest rate of 4.24%, installments through 2025	$	1,825	$	1,825
2014 Credit Facilities, variable interest rate of 4.49%, installments through 2021	1,215		1,215
April 2016 Credit Facilities, variable interest rate of 4.50%, installments through 2023	980		980
December 2016 Credit Facilities, variable interest rate of 4.48%, installments through 2023	1,225		1,225
Aircraft enhanced equipment trust certificates (EETCs), fixed interest rates ranging from 3.00% to 8.39%, averaging 4.17%, maturing from 2019 to 2029	11,059		11,648
Equipment loans and other notes payable, fixed and variable interest rates ranging from 2.34% to 7.89%, averaging 4.27%, maturing from 2019 to 2031	5,217		5,060
Special facility revenue bonds, fixed interest rates ranging from 5.00% to 8.00%, maturing from 2019 to 2031	798		798
	22,319		22,751
Unsecured
5.50% senior notes, interest only payments until due in October 2019	750		750
4.625% senior notes, interest only payments until due in March 2020	500		500
	1,250		1,250
Total long-term debt	23,569		24,001
Less: Total unamortized debt discount, premium and issuance costs	218		222
Less: Current maturities	3,286		3,213
Long-term debt, net of current maturities	$	20,065	$	20,566

The table below shows the maximum availability under revolving credit facilities, all of which were undrawn, as of March 31, 2019 (in millions):



2013 Revolving Facility	$	1,000
2014 Revolving Facility	1,543
April 2016 Revolving Facility	300
Total	$	2,843

The December 2016 Credit Facilities provide for a revolving credit facility that may be established in the future.

2019 Aircraft Financing Activities

Equipment Notes Issued in 2019

In the first three months of 2019, American entered into agreements under which it borrowed $400 million in connection with the financing of certain aircraft. Debt incurred under these agreements matures in 2031 and bears interest at variable rates (comprised of LIBOR plus an applicable margin) averaging 4.07% at March 31, 2019.

American Airlines, Inc. [Member]

Debt Instrument [Line Items]

Debt

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



	March 31, 2019		December 31, 2018
Secured
2013 Credit Facilities, variable interest rate of 4.24%, installments through 2025	$	1,825	$	1,825
2014 Credit Facilities, variable interest rate of 4.49%, installments through 2021	1,215		1,215
April 2016 Credit Facilities, variable interest rate of 4.50%, installments through 2023	980		980
December 2016 Credit Facilities, variable interest rate of 4.48%, installments through 2023	1,225		1,225
Aircraft enhanced equipment trust certificates (EETCs), fixed interest rates ranging from 3.00% to 8.39%, averaging 4.17%, maturing from 2019 to 2029	11,059		11,648
Equipment loans and other notes payable, fixed and variable interest rates ranging from 2.34% to 7.89%, averaging 4.27%, maturing from 2019 to 2031	5,217		5,060
Special facility revenue bonds, fixed interest rates of 5.00%, maturing from 2019 to 2031	769		769
Total long-term debt	22,290		22,722
Less: Total unamortized debt discount, premium and issuance costs	215		219
Less: Current maturities	2,038		2,466
Long-term debt, net of current maturities	$	20,037	$	20,037

The table below shows the maximum availability under revolving credit facilities, all of which were undrawn, as of March 31, 2019 (in millions):



2013 Revolving Facility	$	1,000
2014 Revolving Facility	1,543
April 2016 Revolving Facility	300
Total	$	2,843

The December 2016 Credit Facilities provide for a revolving credit facility that may be established in the future.

2019 Aircraft Financing Activities

Equipment Notes Issued in 2019