American Airlines Group, Inc. (AAL) financial statements (2021 and earlier)

Company profile

Business Address 1 SKYVIEW DRIVE
FORT WORTH, TX 76155
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:6,9003,8264,7605,0666,3596,2547,303
Cash and cash equivalents245280275295322390994
Short-term investments6,6193,5464,4854,7716,0375,8646,309
Other undisclosed cash, cash equivalents, and short-term investments36      
Restricted cash and investments609158154318638695774
Receivables1,3421,7501,7061,7521,5941,4251,771
Other undisclosed current assets2,2442,4722,0172,0101,7331,6112,264
Total current assets:11,0958,2068,6379,14610,3249,98512,112
Noncurrent Assets
Finance lease, right-of-use asset482 
Operating lease, right-of-use asset8,0398,737
Property, plant and equipment 34,99534,09834,15631,15927,51023,084
Intangible assets, net (including goodwill)      6,331
Goodwill      4,091
Intangible assets, net (excluding goodwill)      2,240
Other noncurrent assets11,1758,0578,6948,0949,79110,9202,244
Other undisclosed noncurrent assets31,217 9,151    
Total noncurrent assets:50,91351,78951,94342,25040,95038,43031,659
TOTAL ASSETS:62,00859,99560,58051,39651,27448,41543,771
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities5,3315,7415,5425,6415,3165,1025,862
Accounts payable1,1962,0621,7731,6881,5921,5631,377
Accrued liabilities2,4192,1382,3422,2812,2082,3343,291
Employee-related liabilities1,7161,5411,4271,6721,5161,2051,194
Debt2,7972,8613,2942,5541,8552,2311,708
Deferred revenue and credits6,7696,7016,2724,252
Other undisclosed current liabilities8,4419,7099,260   1,613
Total current liabilities:16,56918,31118,09614,96413,87213,60513,435
Noncurrent Liabilities
Long-term debt and lease obligation, including:29,79621,45421,17922,51122,48918,33016,196
Finance lease, liability472558
Operating lease, liability6,7777,421
Other undisclosed long-term debt and lease obligation22,54713,47521,17922,51122,48918,33016,196
Liabilities, other than long-term debt15,73312,92713,5729,99510,60213,18715,197
Accounts payable and accrued liabilities     3,2024,232
Deferred revenue7,1625,422
Contract with customer, liability5,272
Liability, pension and other postretirement and postemployment benefits7,0696,0526,9077,4977,8427,4507,562
Other liabilities1,5021,4531,3932,4982,7602,5353,403
Other undisclosed noncurrent liabilities6,7777,4217,902 526(2,342)(3,078)
Total noncurrent liabilities:52,30641,80242,65332,50633,61729,17528,315
Total liabilities:68,87560,11360,74947,47047,48942,78041,750
Stockholders' equity
Stockholders' equity attributable to parent(6,867)(118)(169)3,9263,7855,6352,021
Common stock6455567
Additional paid in capital6,8943,9454,9645,7147,22311,59115,135
Accumulated other comprehensive loss(7,103)(6,331)(5,274)(5,154)(5,083)(4,732)(4,559)
Retained earnings (accumulated deficit)(6,664)2,2641363,3611,640(1,230)(8,562)
Total stockholders' equity:(6,867)(118)(169)3,9263,7855,6352,021
TOTAL LIABILITIES AND EQUITY:62,00859,99560,58051,39651,27448,41543,771

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
Revenues17,33745,76844,54142,20740,18040,99042,650
Revenue, net42,20740,18040,99042,650
Cost of revenue(20,752)(33,422)(32,589)(15,043)(13,142)(14,330)(19,326)
Cost of goods and services sold(5,458)(10,907)(11,217)(9,131)(8,046)(9,207)(13,569)
Gross profit:(3,415)12,34611,95227,16427,03826,66023,324
Operating expenses(7,006)(9,281)(9,296)(23,106)(21,754)(20,456)(19,075)
Operating income (loss):(10,421)3,0652,6564,0585,2846,2044,249
Nonoperating expense(1,032)(809)(772)(974)(985)(1,588)(1,037)
Investment income, nonoperating4112711894633931
Other nonoperating income (expense)154159166(15)(57)(747)(181)
Interest and debt expense(1,227)(1,095)(1,056)(1,053)(991)(880)(887)
Other undisclosed income from continuing operations before equity method investments, income taxes      887
Income (loss) from continuing operations before equity method investments, income taxes:(12,680)1,1618282,0313,3083,7363,212
Other undisclosed income from continuing operations before income taxes1,2271,0951,0561,053991880 
Income (loss) from continuing operations before income taxes:(11,453)2,2561,8843,0844,2994,6163,212
Income tax expense (benefit)2,568(570)(472)(1,165)(1,623)2,994(330)
Net income (loss) available to common stockholders, basic:(8,885)1,6861,4121,9192,6767,6102,882
Convertible preferred dividends      3
Dilutive securities, effect on basic earnings per share      3
Other undisclosed net loss available to common stockholders, diluted      (3)
Net income (loss) available to common stockholders, diluted:(8,885)1,6861,4121,9192,6767,6102,885

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):(8,885)1,6861,4121,9192,6767,6102,882
Other comprehensive income (loss)22612734(71)(351)(173)(2,527)
Comprehensive income (loss):(8,659)1,8131,4461,8482,3257,437355
Other undisclosed comprehensive loss, net of tax, attributable to parent(998)(562)(154)    
Comprehensive income (loss), net of tax, attributable to parent:(9,657)1,2511,2921,8482,3257,437355

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: