v3.25.3
Condensed Consolidated Balance Sheet - USD ($)
$ in Millions
Sep. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 2,902 $ 7,509
Short-term investments 116 1,216
Accounts and other receivables 1,118 1,110
Inventories of parts and supplies, at cost 792 800
Prepaid expenses and other current assets 467 639
Total current assets 5,395 11,274
Property and equipment, at cost:    
Flight equipment 26,009 25,202
Ground property and equipment 8,776 8,244
Deposits on flight equipment purchase contracts 402 413
Assets constructed for others 88 88
Property and equipment, at cost 35,275 33,947
Less allowance for depreciation and amortization 15,570 14,891
Property and equipment, net 19,705 19,056
Goodwill 970 970
Operating lease right-of-use assets 1,169 1,369
Other assets 1,073 1,081
Total assets 28,312 33,750
Current liabilities:    
Accounts payable 1,708 1,818
Accrued liabilities 2,091 2,206
Current operating lease liabilities 310 328
Air traffic liability 6,862 6,294
Current maturities of long-term debt 23 1,630
Total current liabilities 10,994 12,276
Long-term debt less current maturities 4,079 5,069
Air traffic liability - noncurrent 1,263 1,948
Deferred income taxes 2,210 2,167
Noncurrent operating lease liabilities 846 1,031
Other noncurrent liabilities 1,144 909
Stockholders' equity:    
Common stock 888 888
Capital in excess of par value 4,283 4,199
Retained earnings 16,158 16,332
Accumulated other comprehensive loss (6) (25)
Treasury stock, at cost (13,547) (11,044)
Total stockholders' equity 7,776 10,350
Total liabilities and stockholders' equity $ 28,312 $ 33,750