v3.26.1
Condensed Consolidated Statements of Cash Flows - American Airlines, Inc. - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Net cash provided by operating activities $ 4,694 $ 3,419
Cash flows from investing activities:    
Capital expenditures and aircraft purchase deposits (1,633) (1,323)
Proceeds from sale-leaseback transactions and sale of property and equipment 60 200
Purchases of short-term investments (3,697) (4,680)
Sales of short-term investments 1,840 3,119
Decrease (increase) in restricted short-term investments 40 (73)
Other investing activities (49) 279
Net cash used in investing activities (3,439) (2,478)
Cash flows from financing activities:    
Payments on long-term debt and finance leases (4,651) (2,365)
Proceeds from issuance of long-term debt 4,518 1,659
Net payments on fuel financing (914) (74)
Other financing activities (118) (132)
Net cash used in financing activities (1,165) (912)
Net increase in cash and restricted cash 90 29
Cash and restricted cash at beginning of period 1,056 902
Cash and restricted cash at end of period [1] 1,146 931
Non-cash transactions:    
Right-of-use (ROU) assets acquired through operating leases 369 687
Property and equipment acquired through finance leases and other 184 91
Finance leases converted to operating leases 42 45
Operating leases converted to finance leases 0 83
Supplemental information:    
Interest paid, net 763 832
American Airlines, Inc.    
Net cash provided by operating activities 4,648 3,292
Cash flows from investing activities:    
Capital expenditures and aircraft purchase deposits (1,592) (1,292)
Proceeds from sale-leaseback transactions and sale of property and equipment 60 200
Purchases of short-term investments (3,696) (4,680)
Sales of short-term investments 1,840 3,119
Decrease (increase) in restricted short-term investments 40 (73)
Other investing activities (49) 280
Net cash used in investing activities (3,397) (2,446)
Cash flows from financing activities:    
Payments on long-term debt and finance leases (4,651) (2,364)
Proceeds from issuance of long-term debt 4,518 1,659
Net payments on fuel financing (914) (74)
Other financing activities (107) (38)
Net cash used in financing activities (1,154) (817)
Net increase in cash and restricted cash 97 29
Cash and restricted cash at beginning of period 1,038 893
Cash and restricted cash at end of period [2] 1,135 922
Non-cash transactions:    
Right-of-use (ROU) assets acquired through operating leases 369 683
Property and equipment acquired through finance leases and other 167 90
Finance leases converted to operating leases 42 45
Operating leases converted to finance leases 0 83
Supplemental information:    
Interest paid, net $ 691 $ 780
[1] The following table provides a reconciliation of cash and restricted cash to amounts reported within the condensed consolidated balance sheets:
Cash$1,028 $833 
Restricted cash included in restricted cash and short-term investments118 98 
Total cash and restricted cash$1,146 $931 
[2] The following table provides a reconciliation of cash and restricted cash to amounts reported within the condensed consolidated balance sheets:
Cash$1,017 $824 
Restricted cash included in restricted cash and short-term investments118 98 
Total cash and restricted cash$1,135 $922