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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Cash flows from operating activities:      
Net income (loss) $ (8,885) $ 1,686 $ 1,412
Adjustments to reconcile net income to net cash provided by (used in) operating activities:      
Depreciation and amortization 2,370 2,318 2,159
Net gains from sale of property and equipment and sale-leaseback transactions (95) (112) (59)
Special items, net non-cash 1,599 376 458
Pension and postretirement (319) (178) (300)
Deferred income tax provision (benefit) (2,568) 560 440
Share-based compensation 91 94 86
Other, net 47 (62) (97)
Changes in operating assets and liabilities:      
Decrease in accounts receivable 538 73 222
Increase in other assets (38) (373) (390)
Increase (decrease) in accounts payable and accrued liabilities (626) 327 (147)
Contributions to pension plans (9) (1,230) (475)
Increase (decrease) in other liabilities 823 (209) 210
Net cash provided by (used in) operating activities (6,543) 3,815 3,533
Cash flows from investing activities:      
Capital expenditures and aircraft purchase deposits (1,958) (4,268) (3,745)
Proceeds from sale-leaseback transactions 665 850 1,096
Proceeds from sale of property and equipment 351 54 111
Purchases of short-term investments (5,873) (3,184) (3,412)
Sales of short-term investments 2,803 4,144 3,705
Proceeds from vendor 90 250 0
Decrease (increase) in restricted short-term investments (308) (3) 72
Proceeds from sale of investments 41 0 207
Other investing activities (153) (86) (7)
Net cash used in investing activities (4,342) (2,243) (1,973)
Cash flows from financing activities:      
Proceeds from issuance of long-term debt 11,780 3,960 2,354
Payments on long-term debt and finance leases (3,535) (4,190) (2,941)
Proceeds from issuance of equity 2,970 0 0
Deferred financing costs (93) (61) (59)
Treasury stock repurchases and shares withheld for taxes pursuant to employee stock plans (173) (1,097) (837)
Dividend payments (43) (178) (186)
Other financing activities 88 (2) (3)
Net cash provided by (used in) financing activities 10,994 (1,568) (1,672)
Net increase (decrease) in cash and restricted cash 109 4 (112)
Cash and restricted cash at beginning of year 290 [1] 286 [1] 398
Cash and restricted cash at end of year [1] 399 290 286
American Airlines, Inc.      
Cash flows from operating activities:      
Net income (loss) (8,450) 1,972 1,658
Adjustments to reconcile net income to net cash provided by (used in) operating activities:      
Depreciation and amortization 2,313 2,267 2,108
Net gains from sale of property and equipment and sale-leaseback transactions (98) (109) (57)
Special items, net non-cash 1,588 384 458
Pension and postretirement (319) (178) (302)
Deferred income tax provision (benefit) (2,453) 623 503
Share-based compensation 91 94 86
Other, net 14 (56) (102)
Changes in operating assets and liabilities:      
Decrease in accounts receivable 595 130 232
Increase in other assets 42 (321) (354)
Increase (decrease) in accounts payable and accrued liabilities (619) 273 (171)
Decrease (increase) in receivables from related parties, net 4,134 (1,772) (1,849)
Contributions to pension plans (6) (1,224) (472)
Increase (decrease) in other liabilities 1,210 (199) 191
Net cash provided by (used in) operating activities (1,429) 2,429 1,943
Cash flows from investing activities:      
Capital expenditures and aircraft purchase deposits (1,922) (4,156) (3,677)
Proceeds from sale-leaseback transactions 665 850 1,096
Proceeds from sale of property and equipment 351 49 106
Purchases of short-term investments (5,874) (3,184) (3,412)
Sales of short-term investments 2,803 4,144 3,705
Proceeds from vendor 90 250 0
Decrease (increase) in restricted short-term investments (308) (3) 72
Proceeds from sale of investments 41 0 207
Other investing activities (154) (96) (7)
Net cash used in investing activities (4,308) (2,146) (1,910)
Cash flows from financing activities:      
Proceeds from issuance of long-term debt 8,959 3,210 2,354
Payments on long-term debt and finance leases (3,029) (3,440) (2,442)
Deferred financing costs (85) (52) (59)
Net cash provided by (used in) financing activities 5,845 (282) (147)
Net increase (decrease) in cash and restricted cash 108 1 (114)
Cash and restricted cash at beginning of year 277 [2] 276 [2] 390
Cash and restricted cash at end of year [2] 385 277 276
Air traffic liability      
Changes in operating assets and liabilities:      
Increase (decrease) in customer liabilities (51) 469 297
Air traffic liability | American Airlines, Inc.      
Changes in operating assets and liabilities:      
Increase (decrease) in customer liabilities (51) 469 297
Loyalty program liability      
Changes in operating assets and liabilities:      
Increase (decrease) in customer liabilities 580 76 (283)
Loyalty program liability | American Airlines, Inc.      
Changes in operating assets and liabilities:      
Increase (decrease) in customer liabilities $ 580 $ 76 $ (283)
[1] The following table provides a reconciliation of cash and restricted cash to amounts reported within the consolidated balance sheets:
Cash$245 $280 $275 
Restricted cash included in restricted cash and short-term investments154 10 11 
Total cash and restricted cash$399 $290 $286 
[2] The following table provides a reconciliation of cash and restricted cash to amounts reported within the consolidated balance sheets:
Cash$231 $267 $265 
Restricted cash included in restricted cash and short-term investments154 10 11 
Total cash and restricted cash$385 $277 $276