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Consolidated Balance Sheet - USD ($)
$ in Millions
Dec. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 2,548 $ 1,854
Short-term investments 1,524 1,835
Accounts and other receivables 1,086 568
Inventories of parts and supplies, at cost 529 461
Prepaid expenses and other current assets 287 310
Total current assets 5,974 5,028
Property and equipment, at cost:    
Flight equipment 21,629 21,753
Ground property and equipment 5,672 4,960
Deposits on flight equipment purchase contracts 248 775
Assets constructed for others 164 1,768
Property and equipment, at cost 27,713 29,256
Less allowance for depreciation and amortization 10,688 9,731
Property and equipment, net 17,025 19,525
Goodwill 970 970
Operating lease right-of-use assets 1,349 0
Other assets 577 720
Total assets 25,895 26,243
Current liabilities:    
Accounts payable 1,574 1,416
Accrued liabilities 1,749 1,749
Current operating lease liabilities 353 0
Air traffic liability 4,457 4,134
Current maturities of long-term debt 819 606
Total current liabilities 8,952 7,905
Long-term debt less current maturities 1,846 2,771
Air traffic liablity - noncurrent 1,053 936
Deferred income taxes 2,364 2,427
Construction obligation 164 1,701
Noncurrent operating lease liabilities 978 0
Other noncurrent liabilities 706 650
Stockholders' equity:    
Common stock, $1.00 par value: 2,000,000,000 shares authorized; 807,611,634 shares issued in 2019 and 2018 808 808
Capital in excess of par value 1,581 1,510
Retained earnings 17,945 15,967
Accumulated other comprehensive income (loss) (61) 20
Treasury stock, at cost: 288,547,318 and 255,008,275 shares in 2019 and 2018 respectively (10,441) (8,452)
Total stockholders' equity 9,832 9,853
Total liabilities and stockholders' equity $ 25,895 $ 26,243