Debt (Tables)

9 Months Ended

Sep. 30, 2019

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



	September 30, 2019		December 31, 2018
Secured
2013 Credit Facilities, variable interest rate of 3.80%, installments through 2025	$	1,807	$	1,825
2014 Credit Facilities, variable interest rate of 4.05%, installments through 2021	1,215		1,215
April 2016 Credit Facilities, variable interest rate of 4.04%, installments through 2023	970		980
December 2016 Credit Facilities, variable interest rate of 4.03%, installments through 2023	1,225		1,225
Enhanced equipment trust certificates (EETCs), fixed interest rates ranging from 3.00% to 8.39%, averaging 4.07%, maturing from 2020 to 2032	11,929		11,648
Equipment loans and other notes payable, fixed and variable interest rates ranging from 3.16% to 7.31%, averaging 3.74%, maturing from 2019 to 2031	4,882		5,060
Special facility revenue bonds, fixed interest rates ranging from 5.00% to 8.00%, maturing from 2020 to 2031	754		798
	22,782		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
5.000% senior notes, interest only payments until due in June 2022	750		—
	2,000		1,250
Total long-term debt	24,782		24,001
Less: Total unamortized debt discount, premium and issuance costs	223		222
Less: Current maturities	3,504		3,213
Long-term debt, net of current maturities	$	21,055	$	20,566

Certain information regarding the 2019-1 Aircraft EETC equipment notes and remaining escrowed proceeds, as of September 30, 2019, is set forth in the table below.



	2019-1 Aircraft EETCs
	Series AA	Series A	Series B
Aggregate principal issued	$579 million	$289 million	$229 million
Remaining escrowed proceeds	$308 million	$154 million	$122 million
Fixed interest rate per annum	3.15%	3.50%	3.85%
Maturity date	February 2032	February 2032	February 2028

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 September 30, 2019 (in millions):



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

American Airlines, Inc. [Member]

Debt Instrument [Line Items]

Schedule of Long-Term Debt

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



	September 30, 2019		December 31, 2018
Secured
2013 Credit Facilities, variable interest rate of 3.80%, installments through 2025	$	1,807	$	1,825
2014 Credit Facilities, variable interest rate of 4.05%, installments through 2021	1,215		1,215
April 2016 Credit Facilities, variable interest rate of 4.04%, installments through 2023	970		980
December 2016 Credit Facilities, variable interest rate of 4.03%, installments through 2023	1,225		1,225
Enhanced equipment trust certificates (EETCs), fixed interest rates ranging from 3.00% to 8.39%, averaging 4.07%, maturing from 2020 to 2032	11,929		11,648
Equipment loans and other notes payable, fixed and variable interest rates ranging from 3.16% to 7.31%, averaging 3.74%, maturing from 2019 to 2031	4,882		5,060
Special facility revenue bonds, fixed interest rate of 5.00%, maturing from 2020 to 2031	725		769
Total long-term debt	22,753		22,722
Less: Total unamortized debt discount, premium and issuance costs	215		219
Less: Current maturities	2,252		2,466
Long-term debt, net of current maturities	$	20,286	$	20,037

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 September 30, 2019 (in millions):



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