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
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments, including:3,1003,0192,9011,7991,328994909
Cash and cash equivalents1,9182,4532,5611,618959695461
Short-term investments1,135566340181369299448
Other undisclosed cash, cash equivalents, and short-term investments47      
Restricted cash and investments 74533    
Receivables989185101231251282
Inventory, net of allowances, customer advances and progress billings71707181818485
Inventory71707181818485
Prepaid expense    146  
Other undisclosed current assets76201187213 131193
Total current assets:3,3453,4553,7772,1941,7861,4601,469
Noncurrent Assets
Finance lease, right-of-use asset131      
Operating lease, right-of-use asset804833737761912974998
Property, plant and equipment1,2028,3758,7028,7518,6148,2938,221
Long-term investments and receivables36333354
Long-term investments36333354
Intangible assets, net (including goodwill)261      
Intangible assets, net (excluding goodwill)261      
Restricted cash and investments51525159596261
Other noncurrent assets544715757572544525483
Other undisclosed noncurrent assets7,032      
Total noncurrent assets:10,0619,97810,25010,14610,1329,8599,767
TOTAL ASSETS:13,40613,43314,02712,34011,91811,31911,236
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities9891,0421,2859911,0721,1111,191
Accounts payable365407347422401465504
Accrued liabilities215244582190295290352
Employee-related liabilities409391356379376356335
Deferred revenue1,1221,2531,2711,231   
Debt 4001,3461,309344316275
Other undisclosed current liabilities56311383911,2471,3321,423
Total current liabilities:2,6742,8083,9853,6222,6632,7592,889
Noncurrent Liabilities
Long-term debt and lease obligation, including:4,4134,4393,4301,9081,9901,3201,217
Finance lease, liability26   586781
Operating lease, liability752782697709690739753
Other undisclosed long-term debt and lease obligation3,6353,6572,7331,1991,242514383
Liabilities, other than long-term debt1,6211,6871,8211,735494452
Deferred revenue616512492478   
Asset retirement obligations5   5  
Deferred income tax liabilities9221,0921,2651,213   
Other liabilities78836444444452
Other undisclosed noncurrent liabilities7477826977092,4172,4322,381
Total noncurrent liabilities:6,7816,9085,9484,3524,4563,7963,650
Total liabilities:9,4559,7169,9337,9747,1196,5556,539
Stockholders' equity
Stockholders' equity attributable to parent3,9513,7174,0944,3664,7994,7644,697
Common stock5444444
Treasury stock, value(1,981)(1,981)(1,981)(1,980)(1,782)(1,628)(1,503)
Additional paid in capital2,9592,3552,3402,2942,2532,2282,221
Accumulated other comprehensive income (loss) (2)(3)(6)2(1)1
Retained earnings2,9683,3413,7344,0544,3224,1613,974
Total stockholders' equity:3,9513,7174,0944,3664,7994,7644,697
TOTAL LIABILITIES AND EQUITY:13,40613,43314,02712,34011,91811,31911,236

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

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
Revenues6624922151,5882,0312,0862,105
Cost of revenue(717)(584)(353)(1,259)(1,285)(1,360)(1,376)
Cost of goods and services sold(260)(209)(107)(498)(590)(622)(630)
Gross profit:(55)(92)(138)329746726729
Operating expenses(399)(424)(272)(663)(519)(479)(479)
Operating income (loss):(454)(516)(410)(334)227247250
Nonoperating income (expense)(58)(62)(40)(20)(7)7(14)
Investment income, nonoperating     15 
Interest and debt expense    54(18)(19)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes    (54)1819
Income (loss) from continuing operations before income taxes:(512)(578)(450)(354)220254236
Income tax expense (benefit)13918513086(59)(67)(57)
Net income (loss) available to common stockholders, diluted:(373)(393)(320)(268)161187179

Comprehensive Income ($ in millions)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
Net income (loss):(373)(393)(320)(268)161187179
Other comprehensive income (loss)213(8)3(2)2
Comprehensive income (loss), net of tax, attributable to parent:(371)(392)(317)(276)164185181

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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