v3.26.1
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2026
Dec. 31, 2025
Current Assets:    
Cash and cash equivalents $ 4,665 $ 4,310
Accounts receivable, net of allowance for uncollectible accounts of $13 and $13 4,307 2,850
Fuel, expendable parts and supplies inventories, net of allowance for obsolescence of $137 and $124 2,558 1,601
Prepaid expenses and other 2,706 2,207
Total current assets 14,236 10,968
Noncurrent Assets:    
Property and equipment, net of accumulated depreciation and amortization of $25,898 and $24,719 41,544 39,743
Operating lease right-of-use assets 6,162 6,244
Goodwill 9,753 9,753
Identifiable intangibles, net of accumulated amortization of $932 and $928 5,962 5,966
Equity investments 4,041 4,222
Other noncurrent assets 4,623 4,421
Total noncurrent assets 72,085 70,349
Total assets 86,321 81,317
Current Liabilities:    
Current maturities of debt and finance leases 3,442 1,605
Current maturities of operating leases 869 809
Accounts payable 6,738 5,226
Accrued salaries and related benefits 3,935 4,906
Fuel card obligation 1,100 1,100
Other accrued liabilities 2,257 1,945
Total current liabilities 33,604 27,624
Noncurrent Liabilities:    
Debt and finance leases 10,510 12,507
Noncurrent operating leases 5,163 5,353
Pension, postretirement and related benefits 3,066 3,156
Deferred income taxes, net 3,916 3,444
Other noncurrent liabilities 3,920 3,994
Total noncurrent liabilities 30,902 32,840
Commitments and Contingencies
Stockholders' Equity:    
Common stock at $0.0001 par value; 1,500,000,000 shares authorized, 666,381,636 and 659,669,346 shares issued 0 0
Additional paid-in capital 12,016 11,883
Retained earnings 14,269 13,343
Accumulated other comprehensive loss (4,074) (4,135)
Treasury stock, at cost, 8,758,606 and 6,498,109 shares (396) (238)
Total stockholders' equity 21,815 20,853
Total liabilities and stockholders' equity 86,321 81,317
Air traffic liability    
Current Liabilities:    
Deferred revenue liability, current 10,020 7,157
Loyalty program deferred revenue    
Current Liabilities:    
Deferred revenue liability, current 5,243 4,876
Noncurrent Liabilities:    
Loyalty program deferred revenue $ 4,327 $ 4,386