American Airlines Group Inc

For the period ended Sep 30, 2024. Filed Oct 24, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Sep 30, 2024 · Filed Oct 24, 2024

AAL$13.18+1.9%Stored close · as of Nov 6, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Condensed Consolidated Balance Sheets

(In millions, except share and par value amounts)

	September 30, 2024	December 31, 2023
(Unaudited)
ASSETS
Current assets
Cash	$834	$578
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
LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT)
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
Air traffic liability	7,551	6,200
Loyalty program liability	3,584	3,453
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
Stockholders’ equity (deficit)
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)	(5,202)
Total liabilities and stockholders’ equity (deficit)	$63,528	$63,058

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.