American Airlines Group, Inc. (AAL) financial statements (2022 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)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments, including:12,4006,9003,8264,7605,0666,3596,254
Cash and cash equivalents273245280275295322390
Short-term investments12,1586,6193,5464,4854,7716,0375,864
Other undisclosed cash, cash equivalents, and short-term investments(31)36     
Restricted cash and investments990609158154318638695
Receivables1,5051,3421,7501,7061,7521,5941,425
Other undisclosed current assets2,4412,2442,4722,0172,0101,7331,611
Total current assets:17,33611,0958,2068,6379,14610,3249,985
Noncurrent Assets
Finance lease, right-of-use asset548482 
Operating lease, right-of-use asset7,8508,0398,737
Property, plant and equipment  34,99534,09834,15631,15927,510
Other noncurrent assets11,74411,1758,0578,6948,0949,79110,920
Other undisclosed noncurrent assets28,98931,217 9,151   
Total noncurrent assets:49,13150,91351,78951,94342,25040,95038,430
TOTAL ASSETS:66,46762,00859,99560,58051,39651,27448,415
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities6,0275,3315,7415,5425,6415,3165,102
Accounts payable1,7721,1962,0621,7731,6881,5921,563
Accrued liabilities2,7662,4192,1382,3422,2812,2082,334
Employee-related liabilities1,4891,7161,5411,4271,6721,5161,205
Debt2,4892,7972,8613,2942,5541,8552,231
Deferred revenue and credits6,7696,7016,272
Other undisclosed current liabilities10,4908,4419,7099,260   
Total current liabilities:19,00616,56918,31118,09614,96413,87213,605
Noncurrent Liabilities
Long-term debt and lease obligation, including:35,57129,79621,45421,17922,51122,48918,330
Finance lease, liability563472558
Operating lease, liability6,6106,7777,421
Other undisclosed long-term debt and lease obligation28,39822,54713,47521,17922,51122,48918,330
Liabilities, other than long-term debt12,62015,73312,92713,5729,99510,60213,187
Accounts payable and accrued liabilities      3,202
Deferred revenue6,2397,1625,422
Contract with customer, liability5,272
Liability, pension and other postretirement and postemployment benefits5,0537,0696,0526,9077,4977,8427,450
Other liabilities1,3281,5021,4531,3932,4982,7602,535
Other undisclosed noncurrent liabilities6,6106,7777,4217,902 526(2,342)
Total noncurrent liabilities:54,80152,30641,80242,65332,50633,61729,175
Total liabilities:73,80768,87560,11360,74947,47047,48942,780
Stockholders' equity
Stockholders' equity attributable to parent(7,340)(6,867)(118)(169)3,9263,7855,635
Common stock6645556
Additional paid in capital7,2346,8943,9454,9645,7147,22311,591
Accumulated other comprehensive loss(5,942)(7,103)(6,331)(5,274)(5,154)(5,083)(4,732)
Retained earnings (accumulated deficit)(8,638)(6,664)2,2641363,3611,640(1,230)
Total stockholders' equity:(7,340)(6,867)(118)(169)3,9263,7855,635
TOTAL LIABILITIES AND EQUITY:66,46762,00859,99560,58051,39651,27448,415

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues29,88217,33745,76844,54142,20740,18040,990
Revenue, net42,20740,18040,990
Cost of revenue(23,730)(20,752)(33,422)(32,589)(15,043)(13,142)(14,330)
Cost of goods and services sold(10,836)(5,458)(10,907)(11,217)(9,131)(8,046)(9,207)
Gross profit:6,152(3,415)12,34611,95227,16427,03826,660
Operating expenses(7,211)(7,006)(9,281)(9,296)(23,106)(21,754)(20,456)
Operating income (loss):(1,059)(10,421)3,0652,6564,0585,2846,204
Nonoperating expense(1,489)(1,032)(809)(772)(974)(985)(1,588)
Investment income, nonoperating1841127118946339
Other nonoperating income (expense)293154159166(15)(57)(747)
Interest and debt expense(1,800)(1,227)(1,095)(1,056)(1,053)(991)(880)
Income (loss) from continuing operations before equity method investments, income taxes:(4,348)(12,680)1,1618282,0313,3083,736
Other undisclosed income from continuing operations before income taxes1,8001,2271,0951,0561,053991880
Income (loss) from continuing operations before income taxes:(2,548)(11,453)2,2561,8843,0844,2994,616
Income tax expense (benefit)5552,568(570)(472)(1,165)(1,623)2,994
Net income (loss) available to common stockholders, diluted:(1,993)(8,885)1,6861,4121,9192,6767,610

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income (loss):(1,993)(8,885)1,6861,4121,9192,6767,610
Other comprehensive income (loss)(339)22612734(71)(351)(173)
Comprehensive income (loss):(2,332)(8,659)1,8131,4461,8482,3257,437
Other undisclosed comprehensive income (loss), net of tax, attributable to parent1,500(998)(562)(154)   
Comprehensive income (loss), net of tax, attributable to parent:(832)(9,657)1,2511,2921,8482,3257,437

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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