v3.26.1
Condensed Consolidated Balance Sheets - American Airlines Group Inc. - USD ($)
$ in Millions
Jun. 30, 2026
Mar. 31, 2026
Dec. 31, 2025
Jun. 30, 2025
Mar. 31, 2025
Dec. 31, 2024
Current assets            
Cash $ 1,028   $ 954 $ 833    
Short-term investments 6,742   4,882      
Restricted cash and short-term investments 709   735      
Accounts receivable, net 1,893   2,075      
Aircraft fuel, spare parts and supplies, net 3,107   2,792      
Prepaid expenses and other 797   767      
Total current assets 14,276   12,205      
Operating property and equipment            
Flight equipment 47,908   46,597      
Ground property and equipment 10,701   10,479      
Equipment purchase deposits 571   656      
Total property and equipment, at cost 59,180   57,732      
Less accumulated depreciation and amortization (26,098)   (25,192)      
Total property and equipment, net 33,082   32,540      
Operating lease right-of-use assets 6,919   7,091      
Other assets            
Goodwill 4,091   4,091      
Intangibles, net of accumulated amortization of $853 and $848, respectively 2,069   2,066      
Deferred tax asset 2,417   2,368      
Other assets 1,379   1,413      
Total other assets 9,956   9,938      
Total assets 64,233   61,774      
Current liabilities            
Current maturities of long-term debt and finance leases 3,094   3,753      
Accounts payable 3,637   2,840      
Accrued salaries and wages 2,012   2,128      
Operating lease liabilities 1,052   1,058      
Fuel financing 0   914      
Other accrued liabilities 3,057   2,916      
Total current liabilities 26,756   24,492      
Noncurrent liabilities            
Long-term debt and finance leases, net of current maturities 25,833   25,254      
Pension and postretirement benefits 1,160   1,568      
Loyalty program liability 7,220   6,839      
Operating lease liabilities 5,750   5,905      
Other liabilities 1,486   1,443      
Total noncurrent liabilities 41,449   41,009      
Commitments and contingencies        
Stockholder’s equity            
Common stock, $0.01 par value; 1,750,000,000 shares authorized, 661,936,666 shares issued and outstanding at June 30, 2026; 660,301,080 shares issued and outstanding at December 31, 2025 7   7      
Additional paid-in capital 7,421   7,387      
Accumulated other comprehensive loss (4,357)   (4,389)      
Retained deficit (7,043)   (6,732)      
Total stockholders' equity (deficit) (3,972) $ (4,077) (3,727) $ (3,870) $ (4,508) $ (3,977)
Total liabilities and stockholders’ equity (deficit) 64,233   61,774      
Air traffic liability            
Current liabilities            
Deferred revenue, current 9,551   7,158      
Loyalty program liability            
Current liabilities            
Deferred revenue, current $ 4,353   $ 3,725