Debt (Tables)

3 Months Ended

Mar. 31, 2017

Long-term debt and capital lease obligations included in the condensed consolidated balance sheets consisted of (in millions):


	March 31, 2017		December 31, 2016
Secured
2013 Credit Facilities, variable interest rate of 2.98%, installments through 2020	$	1,843	$	1,843
2014 Credit Facilities, variable interest rate of 3.38%, installments through 2021		735		735
April 2016 Credit Facilities, variable interest rate of 3.48%, installments through 2023		1,000		1,000
December 2016 Credit Facilities, variable interest rate of 3.41%, installments through 2023		1,250		1,250
Aircraft enhanced equipment trust certificates (EETCs), fixed interest rates ranging from 3.00% to 9.75%, maturing from 2017 to 2029		11,181		10,912
Equipment loans and other notes payable, fixed and variable interest rates ranging from 2.21% to 8.53%, maturing from 2017 to 2029		5,305		5,343
Special facility revenue bonds, fixed interest rates ranging from 5.00% to 8.00%, maturing from 2017 to 2035		891		891
Other secured obligations, fixed interest rates ranging from 3.60% to 12.24%, maturing from 2017 to 2028		831		849

		23,036		22,823

Unsecured
5.50% senior notes, interest only payments until due in 2019		750		750
6.125% senior notes, interest only payments until due in 2018		500		500
4.625% senior notes, interest only payments until due in 2020		500		500

		1,750		1,750

Total long-term debt and capital lease obligations		24,786		24,573
Less: Total unamortized debt discount, premium and issuance costs		243		229
Less: Current maturities		1,714		1,855

Long-term debt and capital lease obligations, net of current maturities	$	22,829	$	22,489

Summary of Availability under Revolving Credit Facilities

The table below shows availability under revolving credit facilities, all of which were undrawn, as of March 31, 2017 (in millions):


2013 Revolving Facility	$	1,400
2014 Revolving Facility		1,025

Total	$	2,425

American Airlines, Inc. [Member]

Schedule of Long-Term Debt

Long-term debt and capital lease obligations included in the condensed consolidated balance sheets consisted of (in millions):


	March 31, 2017		December 31, 2016
Secured
2013 Credit Facilities, variable interest rate of 2.98%, installments through 2020	$	1,843	$	1,843
2014 Credit Facilities, variable interest rate of 3.38%, installments through 2021		735		735
April 2016 Credit Facilities, variable interest rate of 3.48%, installments through 2023		1,000		1,000
December 2016 Credit Facilities, variable interest rate of 3.41%, installments through 2023		1,250		1,250
Aircraft enhanced equipment trust certificates (EETCs), fixed interest rates ranging from 3.00% to 9.75%, maturing from 2017 to 2029		11,181		10,912
Equipment loans and other notes payable, fixed and variable interest rates ranging from 2.21% to 8.53%, maturing from 2017 to 2029		5,305		5,343
Special facility revenue bonds, fixed interest rates ranging from 5.00% to 5.50%, maturing from 2017 to 2035		862		862
Other secured obligations, fixed interest rates ranging from 3.60% to 12.24%, maturing from 2017 to 2028		830		848

Total long-term debt and capital lease obligations		23,006		22,793
Less: Total unamortized debt discount, premium and issuance costs		231		216
Less: Current maturities		1,717		1,859

Long-term debt and capital lease obligations, net of current maturities	$	21,058	$	20,718

Summary of Availability under Revolving Credit Facilities

The table below shows availability under revolving credit facilities, all of which were undrawn, as of March 31, 2017 (in millions):


2013 Revolving Facility	$	1,400
2014 Revolving Facility		1,025

Total	$	2,425

Enhanced Equipment Trust Certificates (EETC) [Member] | Secured Debt [Member]

Schedule of Long-Term Debt

Certain information regarding the 2017-1 EETC equipment notes and the remaining escrowed proceeds of the 2017-1 EETC, as of March 31, 2017, is set forth in the table below.


	2017-1 EETCs
	Series AA	Series A	Series B
Aggregate principal amount	$537 million	$248 million	$198 million
Remaining escrowed proceeds	$190 million	$88 million	$70 million
Fixed interest rate per annum	3.65%	4.00%	4.95%
Maturity date	February 2029	February 2029	February 2025

Certain information regarding the 2016-3 EETC equipment notes, as of March 31, 2017, is set forth in the table below.


	2016-3 EETCs
	Series AA	Series A
Aggregate principal amount	$558 million	$256 million
Fixed interest rate per annum	3.00%	3.25%
Maturity date	October 2028	October 2028

Enhanced Equipment Trust Certificates (EETC) [Member] | American Airlines, Inc. [Member] | Secured Debt [Member]

Schedule of Long-Term Debt

Certain information regarding the 2017-1 EETC equipment notes and the remaining escrowed proceeds of the 2017-1 EETC, as of March 31, 2017, is set forth in the table below.


	2017-1 EETCs
	Series AA	Series A	Series B
Aggregate principal amount	$537 million	$248 million	$198 million
Remaining escrowed proceeds	$190 million	$88 million	$70 million
Fixed interest rate per annum	3.65%	4.00%	4.95%
Maturity date	February 2029	February 2029	February 2025

Certain information regarding the 2016-3 EETC equipment notes, as of March 31, 2017, is set forth in the table below.


	2016-3 EETCs
	Series AA	Series A
Aggregate principal amount	$558 million	$256 million
Fixed interest rate per annum	3.00%	3.25%
Maturity date	October 2028	October 2028