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Condensed Consolidated Balance Sheets - American Airlines Group Inc. - USD ($)
$ in Millions
Mar. 31, 2022
Dec. 31, 2021
Mar. 31, 2021
Dec. 31, 2020
Current assets        
Cash $ 376 $ 273 $ 277  
Short-term investments 12,108 12,158    
Restricted cash and short-term investments 952 990    
Accounts receivable, net 1,537 1,505    
Aircraft fuel, spare parts and supplies, net 2,002 1,795    
Prepaid expenses and other 787 615    
Total current assets 17,762 17,336    
Operating property and equipment        
Flight equipment 38,359 37,856    
Ground property and equipment 9,418 9,335    
Equipment purchase deposits 545 517    
Total property and equipment, at cost 48,322 47,708    
Less accumulated depreciation and amortization (18,464) (18,171)    
Total property and equipment, net 29,858 29,537    
Operating lease right-of-use assets 7,745 7,850    
Other assets        
Goodwill 4,091 4,091    
Intangibles, net of accumulated amortization of $795 and $786, respectively 1,970 1,988    
Deferred tax asset 4,000 3,556    
Other assets 1,975 2,109    
Total other assets 12,036 11,744    
Total assets 67,401 66,467    
Current liabilities        
Current maturities of long-term debt and finance leases 2,382 2,489    
Accounts payable 2,546 1,772    
Accrued salaries and wages 1,369 1,489    
Operating lease liabilities 1,490 1,507    
Other accrued liabilities 2,623 2,766    
Total current liabilities 21,866 19,006    
Noncurrent liabilities        
Long-term debt and finance leases, net of current maturities 35,461 35,571    
Pension and postretirement benefits 4,913 5,053    
Loyalty program liability 6,194 6,239    
Operating lease liabilities 6,529 6,610    
Other liabilities 1,378 1,328    
Total noncurrent liabilities 54,475 54,801    
Commitments and contingencies    
Stockholders’ equity (deficit)        
Common stock, value 6 6    
Additional paid-in capital 7,243 7,234    
Accumulated other comprehensive loss (5,916) (5,942)    
Retained deficit (10,273) (8,638)    
Total stockholders’ deficit (8,940) (7,340) $ (7,945) $ (6,867)
Total liabilities and stockholders’ equity (deficit) 67,401 66,467    
Air traffic liability        
Current liabilities        
Deferred revenue, current 8,346 6,087    
Loyalty program liability        
Current liabilities        
Deferred revenue, current $ 3,110 $ 2,896