American Airlines Group, Inc. (AAL) financial statements (2020 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)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments5,1684,7605,0666,3596,2547,3039,251
Cash and cash equivalents3122752953223909941,140
Short-term investments4,8564,4854,7716,0375,8646,3098,111
Restricted cash and investments158154318638695774 
Receivables1,8501,7061,7521,5941,4251,7711,560
Other current assets      1,465
Other undisclosed current assets2,3962,0172,0101,7331,6112,2642,047
Total current assets:9,5728,6379,14610,3249,98512,11214,323
Noncurrent Assets
Operating lease, right-of-use asset8,842
Property, plant and equipment34,61934,09834,15631,15927,51023,08419,259
Intangible assets, net (including goodwill)     6,3316,440
Goodwill     4,0914,086
Intangible assets, net (excluding goodwill)     2,2402,354
Other noncurrent assets8,1428,6948,0949,79110,9202,2442,299
Other undisclosed noncurrent assets 9,151    (43)
Total noncurrent assets:51,60351,94342,25040,95038,43031,65927,955
TOTAL ASSETS:61,17560,58051,39651,27448,41543,77142,278
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities5,5145,5425,6415,3165,1025,8624,975
Accounts payable1,9321,7731,6881,5921,5631,3771,368
Accrued liabilities2,1692,3422,2812,2082,3343,2912,464
Employee-related liabilities1,4131,4271,6721,5161,2051,1941,143
Debt3,6083,2942,5541,8552,2311,7081,446
Deferred revenue and credits6,7696,7016,2724,2524,380
Other undisclosed current liabilities10,4389,260   1,6133,005
Total current liabilities:19,56018,09614,96413,87213,60513,43513,806
Noncurrent Liabilities
Long-term debt and lease obligation, including:21,62521,17922,51122,48918,33016,19615,353
Operating lease, liability7,535
Other undisclosed long-term debt and lease obligation14,09021,17922,51122,48918,33016,19615,353
Liabilities, other than long-term debt12,29513,5729,99510,60213,18715,1978,987
Pension and other postretirement defined benefit plans, liabilities5,828
Accounts payable and accrued liabilities    3,2024,232 
Deferred revenue5,325
Contract with customer, liability5,272
Liability, pension and other postretirement and postemployment benefits5,6096,9077,4977,8427,4507,562
Other liabilities1,3611,3932,4982,7602,5353,4033,159
Other undisclosed noncurrent liabilities7,5357,902 526(2,342)(3,078)6,863
Total noncurrent liabilities:41,45542,65332,50633,61729,17528,31531,203
Total liabilities:61,01560,74947,47047,48942,78041,75045,009
Stockholders' equity
Stockholders' equity attributable to parent, including:160(169)3,9263,7855,6352,021(2,731)
Preferred stock      3,833
Common stock4555673
Additional paid in capital4,2084,9645,7147,22311,59115,13510,594
Accumulated other comprehensive loss(5,946)(5,274)(5,154)(5,083)(4,732)(4,559)(2,032)
Retained earnings (accumulated deficit)1,8941363,3611,640(1,230)(8,562)(11,296)
Other undisclosed stockholders' equity attributable to parent      (3,833)
Total stockholders' equity:160(169)3,9263,7855,6352,021(2,731)
TOTAL LIABILITIES AND EQUITY:61,17560,58051,39651,27448,41543,77142,278

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

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues45,39344,54142,20740,18040,99042,65030,137
Revenue, net42,20740,18040,99042,65030,137
Cost of revenue(33,142)(32,589)(15,043)(13,142)(14,330)(19,326)(12,714)
Cost of goods and services sold(11,022)(11,217)(9,131)(8,046)(9,207)(13,569)(7,839)
Gross profit:12,25111,95227,16427,03826,66023,32417,423
Operating expenses(9,367)(9,296)(23,106)(21,754)(20,456)(19,075)(12,630)
Other undisclosed operating loss      (3,394)
Operating income:2,8842,6564,0585,2846,2044,2491,399
Nonoperating expense(814)(772)(974)(985)(1,588)(1,037)(924)
Investment income, nonoperating1361189463393120
Other nonoperating income (expense)141166(15)(57)(747)(181)(88)
Interest and debt expense(1,091)(1,056)(1,053)(991)(880)(887)(856)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes     887(1,799)
Income (loss) from continuing operations before equity method investments, income taxes:9798282,0313,3083,7363,212(2,180)
Other undisclosed income from continuing operations before income taxes1,0911,0561,053991880  
Income (loss) from continuing operations before income taxes:2,0701,8843,0844,2994,6163,212(2,180)
Income tax expense (benefit)(480)(472)(1,165)(1,623)2,994(330)346
Net income (loss) available to common stockholders, basic:1,5901,4121,9192,6767,6102,882(1,834)
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:1,5901,4121,9192,6767,6102,885(1,834)

Comprehensive Income ($ in millions)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income (loss):1,5901,4121,9192,6767,6102,882(1,834)
Other comprehensive income (loss)2434(71)(351)(173)(2,527) 
Comprehensive income (loss):1,6141,4461,8482,3257,437355(1,834)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(145)(154)    948
Comprehensive income (loss), net of tax, attributable to parent:1,4691,2921,8482,3257,437355(886)

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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