v3.26.3
Condensed Consolidated Statements of Cash Flows - American Airlines, Inc. - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Net cash provided by operating activities $ 4,541 $ 3,373
Cash flows from investing activities:    
Capital expenditures and aircraft purchase deposits (2,728) (2,149)
Proceeds from sale-leaseback transactions and sale of property and equipment 77 243
Purchases of short-term investments (5,026) (4,801)
Sales of short-term investments 2,751 4,944
Decrease (increase) in restricted short-term investments 180 (20)
Other investing activities (79) 279
Net cash used in investing activities (4,825) (1,504)
Cash flows from financing activities:    
Proceeds from issuance of long-term debt 5,933 2,169
Payments on long-term debt and finance leases (5,347) (4,087)
Other financing activities (130) 85
Net cash provided by (used in) financing activities 456 (1,833)
Net increase in cash and restricted cash 172 36
Cash and restricted cash at beginning of period 1,056 902
Cash and restricted cash at end of period [1] 1,228 938
Non-cash transactions:    
Right-of-use assets acquired through operating leases 466 984
Property and equipment acquired through finance leases and other 186 137
Finance leases converted to operating leases 42 47
Operating leases converted to finance leases 0 104
Supplemental information:    
Interest paid, net 1,222 1,324
American Airlines, Inc.    
Net cash provided by operating activities 4,440 2,229
Cash flows from investing activities:    
Capital expenditures and aircraft purchase deposits (2,660) (2,103)
Proceeds from sale-leaseback transactions and sale of property and equipment 77 243
Purchases of short-term investments (5,025) (4,801)
Sales of short-term investments 2,751 4,944
Decrease (increase) in restricted short-term investments 180 (20)
Other investing activities (80) 280
Net cash used in investing activities (4,757) (1,457)
Cash flows from financing activities:    
Proceeds from issuance of long-term debt 5,933 2,169
Payments on long-term debt and finance leases (5,343) (3,086)
Other financing activities (113) 180
Net cash provided by (used in) financing activities 477 (737)
Net increase in cash and restricted cash 160 35
Cash and restricted cash at beginning of period 1,038 893
Cash and restricted cash at end of period [2] 1,198 928
Non-cash transactions:    
Right-of-use assets acquired through operating leases 465 980
Property and equipment acquired through finance leases and other 169 137
Finance leases converted to operating leases 42 47
Operating leases converted to finance leases 0 104
Supplemental information:    
Interest paid, net $ 1,044 $ 1,179
[1] The following table provides a reconciliation of cash and restricted cash to amounts reported within the condensed consolidated balance sheets:
Cash$1,124 $835 
Restricted cash included in restricted cash and short-term investments104 103 
Total cash and restricted cash$1,228 $938 
[2] The following table provides a reconciliation of cash and restricted cash to amounts reported within the condensed consolidated balance sheets:
Cash$1,094 $825 
Restricted cash included in restricted cash and short-term investments104 103 
Total cash and restricted cash$1,198 $928