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Debt (Tables)
 9 Months Ended
Sep. 30, 2020
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, 2020December 31, 2019
Secured
2013 Term Loan Facility, variable interest rate of 1.89%, installments through 2025
$1,788 $1,807 
2013 Revolving Facility, variable interest rate of 2.16%, due 2024
750 — 
2014 Term Loan Facility, variable interest rate of 1.90%, installments through 2027
1,220 1,202 
2014 Revolving Facility, variable interest rate of 2.16%, due 2024
1,643 — 
April 2016 Term Loan Facility, variable interest rate of 2.15%, installments through 2023
960 970 
April 2016 Revolving Facility, variable interest rate of 2.16%, due 2024
450 — 
December 2016 Term Loan Facility, variable interest rate of 2.15%, installments through 2023
1,213 1,213 
11.75% senior secured notes, interest only payments until due in July 2025
2,500 — 
Treasury Term Loan Facility, variable interest rate of 3.73%, due June 2025
550 — 
10.75% senior secured IP notes, interest only payments until due in February 2026
1,000 — 
10.75% senior secured LGA/DCA notes, interest only payments until due in February 2026
200 — 
Enhanced equipment trust certificates (EETCs), fixed interest rates ranging from 3.00% to 8.39%, averaging 3.99%, maturing from 2021 to 2032
11,146 11,933 
Equipment loans and other notes payable, fixed and variable interest rates ranging from 1.33% to 5.83%, averaging 1.88%, maturing from 2020 to 2032
4,484 4,727 
Special facility revenue bonds, fixed interest rates ranging from 5.00% to 8.00%, maturing from 2021 to 2036
1,064 754 
28,968 22,606 
Unsecured
PSP Promissory Note1,765 — 
6.50% convertible senior notes, interest only payments until due in July 2025
1,000 — 
5.000% senior notes, interest only payments until due in June 2022
750 750 
3.75% senior notes, interest only payments until due in March 2025
500 — 
4.625% senior notes
— 500 
4,015 1,250 
Total long-term debt32,983 23,856 
Less: Total unamortized debt discount, premium and issuance costs780 211 
Less: Current maturities2,610 2,749 
Long-term debt, net of current maturities$29,593 $20,896 
Certain information regarding the 2019-1 Aircraft EETC equipment notes and remaining escrowed proceeds, as of September 30, 2020, is set forth in the table below.
 2019-1 Aircraft EETCs
 Series AASeries ASeries B
Aggregate principal issued$579$289$229
Remaining escrowed proceeds$89$44$35
Fixed interest rate per annum3.15%3.50%3.85%
Maturity dateFebruary 2032February 2032February 2028
Schedule of Line of Credit
The table below shows the maximum availability under our credit facilities, as of September 30, 2020 (in millions):
Treasury Term Loan Facility$4,927 
Other Short-term Revolving Facility400 
Total$5,327 
Components of Convertible Debt The following table details the debt and equity components recognized related to the Convertible Notes as of September 30, 2020 (in millions):
September 30, 2020
Principal amount of 6.50% convertible senior notes$1,000 
Unamortized debt discount(430)
Net carrying amount of 6.50% convertible senior notes570 
Additional paid-in capital415 
American Airlines, Inc.  
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, 2020December 31, 2019
Secured
2013 Term Loan Facility, variable interest rate of 1.89%, installments through 2025
$1,788 $1,807 
2013 Revolving Facility, variable interest rate of 2.16%, due 2024
750 — 
2014 Term Loan Facility, variable interest rate of 1.90%, installments through 2027
1,220 1,202 
2014 Revolving Facility, variable interest rate of 2.16%, due 2024
1,643 — 
April 2016 Term Loan Facility, variable interest rate of 2.15%, installments through 2023
960 970 
April 2016 Revolving Facility, variable interest rate of 2.16%, due 2024
450 — 
December 2016 Term Loan Facility, variable interest rate of 2.15%, installments through 2023
1,213 1,213 
11.75% senior secured notes, interest only payments until due in July 2025
2,500 — 
Treasury Term Loan Facility, variable interest rate of 3.73%, due June 2025
550 — 
10.75% senior secured IP notes, interest only payments until due in February 2026
1,000 — 
10.75% senior secured LGA/DCA notes, interest only payments until due in February 2026
200 — 
Enhanced equipment trust certificates (EETCs), fixed interest rates ranging from 3.00% to 8.39%, averaging 3.99%, maturing from 2021 to 2032
11,146 11,933 
Equipment loans and other notes payable, fixed and variable interest rates ranging from 1.33% to 5.83%, averaging 1.88%, maturing from 2020 to 2032
4,484 4,727 
Special facility revenue bonds, fixed interest rates ranging from 5.00% to 5.38%, maturing from 2021 to 2036
1,040 725 
Total long-term debt28,944 22,577 
Less: Total unamortized debt discount, premium and issuance costs337 205 
Less: Current maturities2,612 2,246 
Long-term debt, net of current maturities$25,995 $20,126 
Certain information regarding the 2019-1 Aircraft EETC equipment notes and remaining escrowed proceeds, as of September 30, 2020, is set forth in the table below.
 2019-1 Aircraft EETCs
 Series AASeries ASeries B
Aggregate principal issued$579$289$229
Remaining escrowed proceeds$89$44$35
Fixed interest rate per annum3.15%3.50%3.85%
Maturity dateFebruary 2032February 2032February 2028
Schedule of Line of Credit
The table below shows the maximum availability under American's credit facilities, as of September 30, 2020 (in millions):
Treasury Term Loan Facility$4,927 
Other Short-term Revolving Facility400 
Total$5,327