v3.25.4
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
 12 Months Ended
Dec. 31, 2025
Accounting Policies [Abstract]  
Schedule of Reconciliation of Cash, Cash Equivalents, and Restricted Cash
The following table provides a reconciliation of cash, cash equivalents and restricted cash reported within the Consolidated Balance Sheets ("balance sheets") that sum to the total of the same such amounts shown within the Consolidated Statements of Cash Flows ("cash flows statement").

Reconciliation of cash, cash equivalents and restricted cash
December 31,
(in millions)202520242023
Current assets:
Cash and cash equivalents$4,310 $3,069 $2,741 
Restricted cash included in prepaid expenses and other135 168 199 
Noncurrent assets:
Restricted cash included in other noncurrent assets56 184 455 
Total cash, cash equivalents and restricted cash$4,501 $3,421 $3,395 
Schedule of Property, Plant and Equipment The following table summarizes our property and equipment:
Property and equipment by classification
December 31,
(in millions, except for estimated useful life)Estimated Useful Life20252024
Flight equipment(1)
30-34 years
$47,981 $44,722 
Ground property and equipment
3-40 years
11,165 10,695 
Information technology-related assets
3-15 years
3,167 3,135 
Flight and ground equipment under finance leasesLease term or estimated useful life1,185 1,196 
Advance payments for equipment964 1,075 
Less: accumulated depreciation and amortization(2)
(24,719)(23,228)
Total property and equipment, net$39,743 $37,595 
(1)Includes aircraft and associated engines and parts.
(2)Includes accumulated amortization for flight and ground equipment under finance leases in the amount of $350 million and $371 million at December 31, 2025 and 2024, respectively.