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Condensed Consolidated Balance Sheets - American Airlines Group Inc. - USD ($)
$ in Millions
Sep. 30, 2023
Jun. 30, 2023
Mar. 31, 2023
Dec. 31, 2022
Sep. 30, 2022
Jun. 30, 2022
Mar. 31, 2022
Dec. 31, 2021
Current assets                
Cash $ 577     $ 440 $ 332      
Short-term investments 10,005     8,525        
Restricted cash and short-term investments 925     995        
Accounts receivable, net 2,021     2,138        
Aircraft fuel, spare parts and supplies, net 2,461     2,279        
Prepaid expenses and other 719     892        
Total current assets 16,708     15,269        
Operating property and equipment                
Flight equipment 40,934     39,703        
Ground property and equipment 10,156     9,913        
Equipment purchase deposits 799     613        
Total property and equipment, at cost 51,889     50,229        
Less accumulated depreciation and amortization (21,571)     (20,029)        
Total property and equipment, net 30,318     30,200        
Operating lease right-of-use assets 7,878     8,094        
Other assets                
Goodwill 4,091     4,091        
Intangibles, net of accumulated amortization of $831 and $827, respectively 2,053     2,059        
Deferred tax asset 2,875     3,099        
Other assets 1,788     1,904        
Total other assets 10,807     11,153        
Total assets 65,711     64,716        
Current liabilities                
Current maturities of long-term debt and finance leases 3,767     3,274        
Accounts payable 2,123     2,149        
Accrued salaries and wages 3,262     1,713        
Operating lease liabilities 1,387     1,465        
Other accrued liabilities 2,677     2,981        
Total current liabilities 24,380     21,496        
Noncurrent liabilities                
Long-term debt and finance leases, net of current maturities 29,722     32,389        
Pension and postretirement benefits 2,929     2,837        
Loyalty program liability 5,834     5,976        
Operating lease liabilities 6,329     6,559        
Other liabilities 1,653     1,258        
Total noncurrent liabilities 46,467     49,019        
Commitments and contingencies            
Stockholder’s equity                
Common stock, $0.01 par value; 1,750,000,000 shares authorized, 653,504,063 shares issued and outstanding at September 30, 2023; 650,642,461 shares issued and outstanding at December 31, 2022 7     6        
Additional paid-in capital 7,353     7,291        
Accumulated other comprehensive loss (4,788)     (4,585)        
Retained deficit (7,708)     (8,511)        
Total stockholders’ deficit (5,136) $ (4,385) $ (5,771) (5,799) $ (7,893) $ (8,422) $ (8,940) $ (7,340)
Total liabilities and stockholders’ equity (deficit) 65,711     64,716        
Air traffic liability                
Current liabilities                
Deferred revenue, current 7,673     6,745        
Loyalty program liability                
Current liabilities                
Deferred revenue, current $ 3,491     $ 3,169