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Consolidated Balance Sheets - USD ($) $ in Millions Dec. 31, 2015 Dec. 31, 2014 Current assets Cash $ 390 $ 994 Short-term investments 5,864
Consolidated Balance Sheets - USD ($) $ in Millions | Dec. 31, 2015 | Dec. 31, 2014 | ||
Current assets | ||||
Cash | $ 390 | $ 994 | ||
Short-term investments | 5,864 | 6,309 | ||
Restricted cash and short-term investments | 695 | 774 | ||
Accounts receivable, net | 1,425 | 1,771 | ||
Aircraft fuel, spare parts and supplies, net | 863 | 1,004 | ||
Prepaid expenses and other | 748 | 898 | ||
Total current assets | 9,985 | 11,750 | ||
Operating property and equipment | ||||
Flight equipment | 33,185 | 28,213 | ||
Ground property and equipment | 6,402 | 5,900 | ||
Equipment purchase deposits | 1,067 | 1,230 | ||
Total property and equipment, at cost | 40,654 | 35,343 | ||
Less accumulated depreciation and amortization | (13,144) | (12,259) | ||
Total property and equipment, net | 27,510 | 23,084 | ||
Other assets | ||||
Goodwill | 4,091 | 4,091 | ||
Intangibles, net of accumulated amortization | 2,249 | 2,240 | ||
Deferred tax asset | 2,477 | 0 | ||
Other assets | 2,103 | 2,060 | ||
Total other assets | 10,920 | 8,391 | ||
Total assets | 48,415 | 43,225 | ||
Current liabilities | ||||
Current maturities of long-term debt and capital leases | 2,231 | 1,677 | ||
Accounts payable | 1,563 | 1,377 | ||
Accrued salaries and wages | 1,205 | 1,194 | ||
Air traffic liability | 3,747 | 4,252 | ||
Loyalty program liability | 2,525 | 2,807 | ||
Other accrued liabilities | 2,334 | 2,097 | ||
Total current liabilities | 13,605 | 13,404 | ||
Noncurrent liabilities | ||||
Long-term debt and capital leases, net of current maturities | 18,330 | 16,043 | ||
Pension and postretirement benefits | 7,450 | 7,562 | ||
Deferred gains and credits, net | 667 | 829 | ||
Bankruptcy settlement obligations | 193 | 325 | ||
Other liabilities | 2,535 | 3,041 | ||
Total noncurrent liabilities | $ 29,175 | $ 27,800 | ||
Commitments and contingencies | ||||
Stockholders' equity | ||||
Common stock | $ 6 | $ 7 | ||
Additional paid-in capital | 11,591 | 15,135 | ||
Accumulated other comprehensive loss | (4,732) | (4,559) | ||
Accumulated deficit | (1,230) | (8,562) | ||
Total stockholders' equity | 5,635 | 2,021 | ||
Total liabilities and stockholders' equity | 48,415 | 43,225 | ||
American Airlines, Inc. [Member] | ||||
Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Millions | 12 Months Ended | |||
Dec. 31, 2015 | Dec. 31, 2014 | |||
Operating revenues: | ||||
Mainline passenger | $ 29,037 | $ 30,802 | ||
Regional passenger | 6,475 | 6,322 | ||
Cargo | 760 | 875 | ||
Other | 4,718 | 4,651 | ||
Total operating revenues | 40,990 | 42,650 | ||
Operating expenses: | ||||
Aircraft fuel and related taxes | 6,226 | 10,592 | ||
Salaries, wages and benefits | 9,524 | 8,508 | ||
Regional expenses | 5,983 | 6,516 | ||
Maintenance, materials and repairs | 1,889 | 2,051 | ||
Other rent and landing fees | 1,731 | 1,727 | ||
Aircraft rent | 1,250 | 1,250 | ||
Selling expenses | 1,394 | 1,544 | ||
Depreciation and amortization | 1,364 | 1,295 | ||
Special items, net | 1,051 | 800 | ||
Other | 4,374 | 4,118 | ||
Total operating expenses | 34,786 | 38,401 | ||
Operating income | 6,204 | 4,249 | ||
Nonoperating income (expense): | ||||
Interest income | 39 | 31 | ||
Interest expense, net of capitalized interest | (880) | (887) | Note: There is no capitalized Interest in this example | |
Interest Portion of Lease, net | (747) | (181) | ||
Total nonoperating expense, net | (1,588) | (1,037) | ||
Income before reorganization items, net | 4,616 | 3,212 | ||
Reorganization items, net | ||||
Income (loss) before income taxes | 4,616 | 3,212 | ||
Income tax provision (benefit) | (2,994) | 330 | ||
Net income (loss) | $ 7,610 | $ 2,882 | ||
Times Interest Earned | 0 | 0 | ||
Fixed Charge Coverage | 0 | 0 | ||
Debt Ratio | 0 | 0 | ||
Debt to Equity Ratio | 0 | 0 | ||
Debt to Tangible Net Worth | 0 | 0 | ||
Total Score | 0.00% | |||
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