v3.26.3
Condensed Consolidated Balance Sheets - American Airlines Group Inc. - USD ($)
$ in Millions
Sep. 30, 2026
Jun. 30, 2026
Mar. 31, 2026
Dec. 31, 2025
Sep. 30, 2025
Jun. 30, 2025
Mar. 31, 2025
Dec. 31, 2024
Current assets                
Cash $ 1,124     $ 954 $ 835      
Short-term investments 7,163     4,882        
Restricted cash and short-term investments 555     735        
Accounts receivable, net 1,928     2,075        
Aircraft fuel, spare parts and supplies, net 3,171     2,792        
Prepaid expenses and other 800     767        
Total current assets 14,741     12,205        
Operating property and equipment                
Flight equipment 48,715     46,597        
Ground property and equipment 10,808     10,479        
Equipment purchase deposits 633     656        
Total property and equipment, at cost 60,156     57,732        
Less accumulated depreciation and amortization (26,530)     (25,192)        
Total property and equipment, net 33,626     32,540        
Operating lease right-of-use assets 6,744     7,091        
Other assets                
Goodwill 4,091     4,091        
Intangibles, net of accumulated amortization of $855 and $848, respectively 2,067     2,066        
Deferred tax asset 2,477     2,368        
Other assets 1,272     1,413        
Total other assets 9,907     9,938        
Total assets 65,018     61,774        
Current liabilities                
Current maturities of long-term debt and finance leases 3,692     3,753        
Accounts payable 3,334     2,840        
Accrued salaries and wages 2,175     2,128        
Operating lease liabilities 1,032     1,058        
Fuel financing 933     914        
Other accrued liabilities 2,997     2,916        
Total current liabilities 28,023     24,492        
Noncurrent liabilities                
Long-term debt and finance leases, net of current maturities 25,943     25,254        
Pension and postretirement benefits 1,099     1,568        
Loyalty program liability 7,068     6,839        
Operating lease liabilities 5,607     5,905        
Other liabilities 1,502     1,443        
Total noncurrent liabilities 41,219     41,009        
Commitments and contingencies            
Stockholder’s equity                
Common stock, $0.01 par value; 1,750,000,000 shares authorized, 662,618,434 shares issued and outstanding at September 30, 2026; 660,301,080 shares issued and outstanding at December 31, 2025 7     7        
Additional paid-in capital 7,424     7,387        
Accumulated other comprehensive loss (4,343)     (4,389)        
Retained deficit (7,312)     (6,732)        
Total stockholders' equity (deficit) (4,224) $ (3,972) $ (4,077) (3,727) $ (3,962) $ (3,870) $ (4,508) $ (3,977)
Total liabilities and stockholders’ equity (deficit) 65,018     61,774        
Air traffic liability                
Current liabilities                
Deferred revenue, current 9,414     7,158        
Loyalty program liability                
Current liabilities                
Deferred revenue, current $ 4,446     $ 3,725