Debt (Tables)

9 Months Ended

Sep. 30, 2017

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



	September 30, 2017		December 31, 2016
Secured
2013 Credit Facilities, variable interest rate of 3.24%, installments through 2020	$	1,825	$	1,843
2014 Credit Facilities, variable interest rate of 3.24%, installments through 2021	735		735
April 2016 Credit Facilities, variable interest rate of 3.74%, installments through 2023	990		1,000
December 2016 Credit Facilities, variable interest rate of 3.73%, 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 2018 to 2029	11,396		10,912
Equipment loans and other notes payable, fixed and variable interest rates ranging from 2.34% to 8.99%, maturing from 2018 to 2029	5,330		5,343
Special facility revenue bonds, fixed interest rates ranging from 5.00% to 8.00%, maturing from 2018 to 2035	857		891
Other secured obligations, fixed interest rates ranging from 3.60% to 12.24%, maturing from 2017 to 2028	789		849
	23,172		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	24,922		24,573
Less: Total unamortized debt discount, premium and issuance costs	238		229
Less: Current maturities	2,467		1,855
Long-term debt and capital lease obligations, net of current maturities	$	22,217	$	22,489

Summary of Availability under Revolving Credit Facilities

The table below shows the maximum availability under revolving credit facilities, all of which were undrawn, as of September 30, 2017 (in millions):



2013 Revolving Facility	$	1,200
2014 Revolving Facility	1,000
April 2016 Revolving Facility	300
Total	$	2,500

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

Schedule of Long-Term Debt

Certain information regarding the 2017-1 EETC equipment notes, as of September 30, 2017, is set forth in the table below.



	2017-1 EETCs
	Series AA	Series A	Series B
Aggregate principal issued	$537 million	$248 million	$198 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 September 30, 2017, is set forth in the table below.



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

Certain information regarding the 2017-2 EETC equipment notes and the remaining escrowed proceeds of the 2017-2 EETCs, as of September 30, 2017, is set forth in the table below.



	2017-2 EETCs
	Series AA	Series A
Aggregate principal issued	$545 million	$252 million
Remaining escrowed proceeds	$372 million	$172 million
Fixed interest rate per annum	3.35%	3.60%
Maturity date	October 2029	October 2029

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):



	September 30, 2017		December 31, 2016
Secured
2013 Credit Facilities, variable interest rate of 3.24%, installments through 2020	$	1,825	$	1,843
2014 Credit Facilities, variable interest rate of 3.24%, installments through 2021	735		735
April 2016 Credit Facilities, variable interest rate of 3.74%, installments through 2023	990		1,000
December 2016 Credit Facilities, variable interest rate of 3.73%, 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 2018 to 2029	11,396		10,912
Equipment loans and other notes payable, fixed and variable interest rates ranging from 2.34% to 8.99%, maturing from 2018 to 2029	5,330		5,343
Special facility revenue bonds, fixed interest rates ranging from 5.00% to 5.50%, maturing from 2018 to 2035	828		862
Other secured obligations, fixed interest rates ranging from 3.60% to 12.24%, maturing from 2017 to 2028	788		848
Total long-term debt and capital lease obligations	23,142		22,793
Less: Total unamortized debt discount, premium and issuance costs	230		216
Less: Current maturities	1,970		1,859
Long-term debt and capital lease obligations, net of current maturities	$	20,942	$	20,718

Summary of Availability under Revolving Credit Facilities

The table below shows the maximum availability under revolving credit facilities, all of which were undrawn, as of September 30, 2017 (in millions):



2013 Revolving Facility	$	1,200
2014 Revolving Facility	1,000
April 2016 Revolving Facility	300
Total	$	2,500

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

Schedule of Long-Term Debt

Certain information regarding the 2017-1 EETC equipment notes, as of September 30, 2017, is set forth in the table below.



	2017-1 EETCs
	Series AA	Series A	Series B
Aggregate principal issued	$537 million	$248 million	$198 million
Fixed interest rate per annum	3.65%	4.00%	4.95%
Maturity date	February 2029	February 2029	February 2025

Certain information regarding the 2017-2 EETC equipment notes and the remaining escrowed proceeds of the 2017-2 EETCs, as of September 30, 2017, is set forth in the table below.



	2017-2 EETCs
	Series AA	Series A
Aggregate principal issued	$545 million	$252 million
Remaining escrowed proceeds	$372 million	$172 million
Fixed interest rate per annum	3.35%	3.60%
Maturity date	October 2029	October 2029

Certain information regarding the 2016-3 EETC equipment notes, as of September 30, 2017, is set forth in the table below.



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