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Condensed Consolidated Balance Sheets - American Airlines Group Inc. - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
Mar. 31, 2025
Dec. 31, 2024
Current assets        
Cash $ 903 $ 954 $ 835  
Short-term investments 6,391 4,882    
Restricted cash and short-term investments 717 735    
Accounts receivable, net 2,008 2,075    
Aircraft fuel, spare parts and supplies, net 3,131 2,792    
Prepaid expenses and other 834 767    
Total current assets 13,984 12,205    
Operating property and equipment        
Flight equipment 47,303 46,597    
Ground property and equipment 10,605 10,479    
Equipment purchase deposits 592 656    
Total property and equipment, at cost 58,500 57,732    
Less accumulated depreciation and amortization (25,675) (25,192)    
Total property and equipment, net 32,825 32,540    
Operating lease right-of-use assets 6,943 7,091    
Other assets        
Goodwill 4,091 4,091    
Intangibles, net of accumulated amortization of $850 and $848, respectively 2,064 2,066    
Deferred tax asset 2,457 2,368    
Other assets 1,374 1,413    
Total other assets 9,986 9,938    
Total assets 63,738 61,774    
Current liabilities        
Current maturities of long-term debt and finance leases 4,195 3,753    
Accounts payable 3,610 2,840    
Accrued salaries and wages 1,969 2,128    
Operating lease liabilities 1,053 1,058    
Fuel financing 360 914    
Other accrued liabilities 2,978 2,916    
Total current liabilities 28,406 24,492    
Noncurrent liabilities        
Long-term debt and finance leases, net of current maturities 23,522 25,254    
Pension and postretirement benefits 1,219 1,568    
Loyalty program liability 7,376 6,839    
Operating lease liabilities 5,762 5,905    
Other liabilities 1,530 1,443    
Total noncurrent liabilities 39,409 41,009    
Commitments and contingencies    
Stockholder’s equity        
Common stock, $0.01 par value; 1,750,000,000 shares authorized, 661,385,137 shares issued and outstanding at March 31, 2026; 660,301,080 shares issued and outstanding at December 31, 2025 7 7    
Additional paid-in capital 7,402 7,387    
Accumulated other comprehensive loss (4,372) (4,389)    
Retained deficit (7,114) (6,732)    
Total stockholders' equity (deficit) (4,077) (3,727) $ (4,508) $ (3,977)
Total liabilities and stockholders’ equity (deficit) 63,738 61,774    
Air traffic liability        
Current liabilities        
Deferred revenue, current 10,031 7,158    
Loyalty program liability        
Current liabilities        
Deferred revenue, current $ 4,210 $ 3,725