v3.26.3
CONDENSED STATEMENTS OF CONSOLIDATED CASH FLOWS (UNAUDITED) (UA) - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Operating Activities:    
Net cash provided by operating activities $ 6,874 $ 7,145
Investing Activities:    
Capital expenditures, net of flight equipment purchase deposit returns (5,154) (3,984)
Purchases of short-term and other investments (7,583) (6,454)
Proceeds from sale of short-term and other investments 5,779 5,654
Proceeds from sale of property and equipment 54 63
Other, net (289) (64)
Net cash used in investing activities (7,192) (4,785)
Financing Activities:    
Proceeds from issuance of debt and other financial liabilities, net of discounts and fees 6,698 485
Payments of long-term debt, finance leases and other financial liabilities (5,541) (4,196)
Other, net (98) (114)
Net cash provided by (used in) financing activities 1,031 (4,436)
Net increase (decrease) in cash, cash equivalents and restricted cash 713 (2,075)
Cash, cash equivalents and restricted cash at beginning of the period 6,081 8,946
Cash, cash equivalents and restricted cash at end of the period [1] 6,794 6,871
Investing and Financing Activities Not Affecting Cash:    
Right-of-use assets acquired or modified through operating leases 2,488 1,382
Property and equipment acquired through the issuance or modification of debt, finance leases and other financial liabilities 140 (52)
Operating leases converted to finance leases 66 417
Investment interests received in exchange for loans, goods and services 60 16
United Airlines, Inc.    
Operating Activities:    
Net cash provided by operating activities 6,754 6,428
Investing Activities:    
Capital expenditures, net of flight equipment purchase deposit returns (5,154) (3,984)
Purchases of short-term and other investments (7,583) (6,454)
Proceeds from sale of short-term and other investments 5,779 5,654
Proceeds from sale of property and equipment 54 63
Other, net (289) (64)
Net cash used in investing activities (7,192) (4,785)
Financing Activities:    
Proceeds from issuance of debt and other financial liabilities, net of discounts and fees 6,698 485
Payments of long-term debt, finance leases and other financial liabilities (5,541) (4,196)
Other, net (5) (7)
Net cash provided by (used in) financing activities 1,151 (3,718)
Net increase (decrease) in cash, cash equivalents and restricted cash 713 (2,075)
Cash, cash equivalents and restricted cash at beginning of the period 6,081 8,946
Cash, cash equivalents and restricted cash at end of the period [2] 6,794 6,871
Investing and Financing Activities Not Affecting Cash:    
Right-of-use assets acquired or modified through operating leases 2,488 1,382
Property and equipment acquired through the issuance or modification of debt, finance leases and other financial liabilities 140 (52)
Operating leases converted to finance leases 66 417
Investment interests received in exchange for loans, goods and services $ 60 $ 16
[1] The following table provides a reconciliation of cash, cash equivalents and restricted cash to amounts reported within the consolidated balance sheets:
Cash and cash equivalents$6,648 $6,730 
Restricted cash in Investments in affiliates and other, net146 141 
Total cash, cash equivalents and restricted cash $6,794 $6,871 
[2] The following table provides a reconciliation of cash, cash equivalents and restricted cash to amounts reported within the consolidated balance sheets:
Cash and cash equivalents$6,648 $6,730 
Restricted cash in Investments in affiliates and other, net146 141 
Total cash, cash equivalents and restricted cash$6,794 $6,871