JetBlue Airways Corporation (JBLU) financial statements (2021 and earlier)

Company profile

Business Address 27-01 QUEENS PLAZA NORTH
LONG ISLAND CITY, NY 11101
State of Incorp. DE
Fiscal Year End December 31
SIC 4512 - Air Transportation, Scheduled (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments, including:3,1001,328887693971876708
Cash and cash equivalents1,918959474303433318341
Short-term investments1,135369413390538558367
Other undisclosed cash, cash equivalents, and short-term investments47      
Receivables98231211245172136136
Inventory, net of allowances, customer advances and progress billings71817855474446
Inventory71817855474446
Prepaid expense 146298213213172135
Other current assets      1
Other undisclosed current assets76   164145174
Total current assets:3,3451,7861,4741,2061,5671,3731,200
Noncurrent Assets
Finance lease, right-of-use asset131 
Operating lease, right-of-use asset804912
Property, plant and equipment1,2028,6148,3158,0497,2716,6526,072
Long-term investments and receivables36332904960
Long-term investments36332904960
Intangible assets, net (including goodwill)261      
Intangible assets, net (excluding goodwill)261      
Restricted cash and investments51595956626361
Other noncurrent assets544544575468497523446
Other undisclosed noncurrent assets7,032      
Total noncurrent assets:10,06110,1328,9528,5757,9207,2876,639
TOTAL ASSETS:13,40611,91810,4269,7819,4878,6607,839
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities9891,0721,074984914774698
Accounts payable365401437378242205208
Accrued liabilities215295324293330267287
Employee-related liabilities409376313313342302203
Deferred revenue1,122 
Debt 344309196189448265
Deferred revenue and credits1,2151,1201,053997
Other undisclosed current liabilities5631,2471,035   (24)
Total current liabilities:2,6742,6632,4182,3952,2232,2751,936
Noncurrent Liabilities
Long-term debt and lease obligation, including:4,4131,9901,3611,0031,1951,3951,968
Finance lease, liability2658
Capital lease obligations90107124140155
Operating lease, liability752690
Other undisclosed long-term debt and lease obligation3,6351,2421,2718961,0711,2551,813
Liabilities, other than long-term debt1,621491,1721,1121,6041,313925
Deferred revenue616 
Asset retirement obligations5574556
Deferred tax liabilities, net1,0881,0331,5091,218832
Deferred income tax liabilities922 
Other liabilities78447775909087
Other undisclosed noncurrent liabilities7472,417864437452 481
Total noncurrent liabilities:6,7814,4563,3972,5523,2512,7083,374
Total liabilities:9,4557,1195,8154,9475,4744,9835,310
Stockholders' equity
Stockholders' equity attributable to parent3,9514,7994,6114,8344,0133,2102,529
Common stock5444444
Treasury stock, value(1,981)(1,782)(1,272)(890)(500)(366)(125)
Additional paid in capital2,9592,2532,2032,1272,0501,8961,711
Accumulated other comprehensive income (loss) 2(3) 13(3)(63)
Retained earnings2,9684,3223,6793,5932,4461,6791,002
Total stockholders' equity:3,9514,7994,6114,8344,0133,2102,529
Other undisclosed liabilities and equity     467 
TOTAL LIABILITIES AND EQUITY:13,40611,91810,4269,7819,4878,6607,839

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues2,9578,0947,6587,0156,6326,41611,634
Revenue, net7,0156,6326,41611,634
Cost of revenue(2,857)(5,342)(4,848)(2,167)(1,810)(2,004)(2,718)
Cost of goods and services sold(1,074)(2,420)(2,422)(1,860)(1,541)(1,812)(2,357)
Gross profit:1002,7522,8104,8484,8224,4128,916
Operating expenses(1,814)(1,952)(2,522)(3,848)(3,510)(3,196)(2,584)
Other undisclosed operating loss      (5,817)
Operating income (loss):(1,714)8002881,0001,3121,216515
Nonoperating income (expense)(179)(32)(69)(79)(96)(119)108
Investment income, nonoperating 15     
Interest and debt expense(2)(3)(23)(24)(25)(25)(26)
Other undisclosed income from continuing operations before equity method investments, income taxes232324252526
Income (loss) from continuing operations before income taxes:(1,893)7682199211,2161,097623
Income tax expense (benefit)539(199)(31)226(457)(420)(222)
Net income (loss) available to common stockholders, basic:(1,354)5691881,147759677401
Interest on convertible debt      7
Other undisclosed net income available to common stockholders, diluted    24 
Net income (loss) available to common stockholders, diluted:(1,354)5691881,147761681408

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss):(1,354)5691881,147759677401
Other comprehensive income (loss)(2)5(3)(13)16 (63)
Comprehensive income (loss):(1,356)5741851,134775677338
Other undisclosed comprehensive income, net of tax, attributable to parent     60 
Comprehensive income (loss), net of tax, attributable to parent:(1,356)5741851,134775737338

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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