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Condensed Consolidated Balance Sheets - American Airlines Group Inc. - USD ($)
$ in Millions
Sep. 30, 2024
Jun. 30, 2024
Mar. 31, 2024
Dec. 31, 2023
Sep. 30, 2023
Jun. 30, 2023
Mar. 31, 2023
Dec. 31, 2022
Current assets                
Cash $ 834     $ 578 $ 577      
Short-term investments 7,638     7,000        
Restricted cash and short-term investments 752     910        
Accounts receivable, net 1,820     2,026        
Aircraft fuel, spare parts and supplies, net 2,582     2,400        
Prepaid expenses and other 830     658        
Total current assets 14,456     13,572        
Operating property and equipment                
Flight equipment 43,110     41,794        
Ground property and equipment 10,105     10,307        
Equipment purchase deposits 1,098     760        
Total property and equipment, at cost 54,313     52,861        
Less accumulated depreciation and amortization (23,467)     (22,097)        
Total property and equipment, net 30,846     30,764        
Operating lease right-of-use assets 7,709     7,939        
Other assets                
Goodwill 4,091     4,091        
Intangibles, net of accumulated amortization of $839 and $834, respectively 2,046     2,051        
Deferred tax asset 2,768     2,888        
Other assets 1,612     1,753        
Total other assets 10,517     10,783        
Total assets 63,528     63,058        
Current liabilities                
Current maturities of long-term debt and finance leases 5,384     3,632        
Accounts payable 2,623     2,353        
Accrued salaries and wages 2,484     2,377        
Operating lease liabilities 1,173     1,309        
Other accrued liabilities 2,733     2,738        
Total current liabilities 25,532     22,062        
Noncurrent liabilities                
Long-term debt and finance leases, net of current maturities 26,268     29,270        
Pension and postretirement benefits 2,568     3,044        
Loyalty program liability 6,035     5,874        
Operating lease liabilities 6,348     6,452        
Other liabilities 1,631     1,558        
Total noncurrent liabilities 42,850     46,198        
Commitments and contingencies            
Stockholder’s equity                
Common stock, $0.01 par value; 1,750,000,000 shares authorized, 657,102,842 shares issued and outstanding at September 30, 2024; 654,273,192 shares issued and outstanding at December 31, 2023 7     7        
Additional paid-in capital 7,407     7,374        
Accumulated other comprehensive loss (4,835)     (4,894)        
Retained deficit (7,433)     (7,689)        
Total stockholders’ deficit (4,854) $ (4,746) $ (5,500) (5,202) $ (5,136) $ (4,385) $ (5,771) $ (5,799)
Total liabilities and stockholders’ equity (deficit) 63,528     63,058        
Air traffic liability                
Current liabilities                
Deferred revenue, current 7,551     6,200        
Loyalty program liability                
Current liabilities                
Deferred revenue, current $ 3,584     $ 3,453