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Condensed Consolidated Balance Sheets - American Airlines Group Inc. - USD ($)
$ in Millions
Jun. 30, 2024
Mar. 31, 2024
Dec. 31, 2023
Jun. 30, 2023
Mar. 31, 2023
Dec. 31, 2022
Current assets            
Cash $ 605   $ 578 $ 614    
Short-term investments 7,841   7,000      
Restricted cash and short-term investments 875   910      
Accounts receivable, net 2,067   2,026      
Aircraft fuel, spare parts and supplies, net 2,575   2,400      
Prepaid expenses and other 832   658      
Total current assets 14,795   13,572      
Operating property and equipment            
Flight equipment 42,752   41,794      
Ground property and equipment 10,198   10,307      
Equipment purchase deposits 1,052   760      
Total property and equipment, at cost 54,002   52,861      
Less accumulated depreciation and amortization (22,958)   (22,097)      
Total property and equipment, net 31,044   30,764      
Operating lease right-of-use assets 7,873   7,939      
Other assets            
Goodwill 4,091   4,091      
Intangibles, net of accumulated amortization of $837 and $834, respectively 2,047   2,051      
Deferred tax asset 2,668   2,888      
Other assets 1,607   1,753      
Total other assets 10,413   10,783      
Total assets 64,125   63,058      
Current liabilities            
Current maturities of long-term debt and finance leases 4,120   3,632      
Accounts payable 3,016   2,353      
Accrued salaries and wages 1,767   2,377      
Operating lease liabilities 1,209   1,309      
Other accrued liabilities 2,849   2,738      
Total current liabilities 24,610   22,062      
Noncurrent liabilities            
Long-term debt and finance leases, net of current maturities 27,636   29,270      
Pension and postretirement benefits 2,652   3,044      
Loyalty program liability 6,031   5,874      
Operating lease liabilities 6,482   6,452      
Other liabilities 1,460   1,558      
Total noncurrent liabilities 44,261   46,198      
Commitments and contingencies        
Stockholder’s equity            
Common stock, $0.01 par value; 1,750,000,000 shares authorized, 656,607,802 shares issued and outstanding at June 30, 2024; 654,273,192 shares issued and outstanding at December 31, 2023 7   7      
Additional paid-in capital 7,389   7,374      
Accumulated other comprehensive loss (4,858)   (4,894)      
Retained deficit (7,284)   (7,689)      
Total stockholders’ deficit (4,746) $ (5,500) (5,202) $ (4,385) $ (5,771) $ (5,799)
Total liabilities and stockholders’ equity (deficit) 64,125   63,058      
Air traffic liability            
Current liabilities            
Deferred revenue, current 8,030   6,200      
Loyalty program liability            
Current liabilities            
Deferred revenue, current $ 3,619   $ 3,453