JetBlue Airways Corporation (JBLU) financial statements (2022 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)

12/31/2021
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:2,8423,1001,328887693971876
Cash and cash equivalents2,0181,918959474303433318
Short-term investments8241,135369413390538558
Other undisclosed cash, cash equivalents, and short-term investments 47     
Receivables20798231211245172136
Inventory, net of allowances, customer advances and progress billings74718178554744
Inventory74718178554744
Prepaid expense  146298213213172
Other undisclosed current assets12476   164145
Total current assets:3,2473,3451,7861,4741,2061,5671,373
Noncurrent Assets
Finance lease, right-of-use asset3131 
Operating lease, right-of-use asset729804912
Property, plant and equipment1,2051,2028,6148,3158,0497,2716,652
Long-term investments and receivables71363329049
Long-term investments71363329049
Intangible assets, net (including goodwill)284261     
Intangible assets, net (excluding goodwill)284261     
Restricted cash and investments59515959566263
Other noncurrent assets470544544575468497523
Other undisclosed noncurrent assets7,5747,032     
Total noncurrent assets:10,39510,06110,1328,9528,5757,9207,287
TOTAL ASSETS:13,64213,40611,91810,4269,7819,4878,660
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1,3389891,0721,074984914774
Accounts payable499365401437378242205
Accrued liabilities359215295324293330267
Employee-related liabilities480409376313313342302
Deferred revenue1,6181,122 
Debt355 344309196189448
Deferred revenue and credits1,2151,1201,053
Other undisclosed current liabilities1065631,2471,035   
Total current liabilities:3,4172,6742,6632,4182,3952,2232,275
Noncurrent Liabilities
Long-term debt and lease obligation, including:3,6514,4131,9901,3611,0031,1951,395
Finance lease, liability22658
Capital lease obligations90107124140
Operating lease, liability690752690
Other undisclosed long-term debt and lease obligation2,9593,6351,2421,2718961,0711,255
Liabilities, other than long-term debt2,0401,621491,1721,1121,6041,313
Deferred revenue640616 
Asset retirement obligations5557455
Deferred tax liabilities, net1,0881,0331,5091,218
Deferred income tax liabilities843922 
Other liabilities552784477759090
Other undisclosed noncurrent liabilities6857472,417864437452 
Total noncurrent liabilities:6,3766,7814,4563,3972,5523,2512,708
Total liabilities:9,7939,4557,1195,8154,9475,4744,983
Stockholders' equity
Stockholders' equity attributable to parent3,8493,9514,7994,6114,8344,0133,210
Common stock5544444
Treasury stock, value(1,989)(1,981)(1,782)(1,272)(890)(500)(366)
Additional paid in capital3,0472,9592,2532,2032,1272,0501,896
Accumulated other comprehensive income (loss)  2(3) 13(3)
Retained earnings2,7862,9684,3223,6793,5932,4461,679
Total stockholders' equity:3,8493,9514,7994,6114,8344,0133,210
Other undisclosed liabilities and equity      467
TOTAL LIABILITIES AND EQUITY:13,64213,40611,91810,4269,7819,4878,660

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
Revenues6,0372,9578,0947,6587,0156,6326,416
Revenue, net7,0156,6326,416
Cost of revenue(4,286)(2,857)(5,342)(4,848)(2,167)(1,810)(2,004)
Cost of goods and services sold(2,163)(1,074)(2,420)(2,422)(1,860)(1,541)(1,812)
Gross profit:1,7511002,7522,8104,8484,8224,412
Operating expenses(1,831)(1,814)(1,952)(2,522)(3,848)(3,510)(3,196)
Operating income (loss):(80)(1,714)8002881,0001,3121,216
Nonoperating expense(183)(179)(32)(69)(79)(96)(119)
Investment income, nonoperating44 15    
Other nonoperating expense(52)      
Interest and debt expense(50)(2)(3)(23)(24)(25)(25)
Other undisclosed income from continuing operations before equity method investments, income taxes 2323242525
Income (loss) from continuing operations before equity method investments, income taxes:(313)(1,893)7682199211,2161,097
Other undisclosed income from continuing operations before income taxes50      
Income (loss) from continuing operations before income taxes:(263)(1,893)7682199211,2161,097
Income tax expense (benefit)81539(199)(31)226(457)(420)
Net income (loss) available to common stockholders, basic:(182)(1,354)5691881,147759677
Other undisclosed net income available to common stockholders, diluted     24
Net income (loss) available to common stockholders, diluted:(182)(1,354)5691881,147761681

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):(182)(1,354)5691881,147759677
Other comprehensive income (loss) (2)5(3)(13)16 
Comprehensive income (loss):(182)(1,356)5741851,134775677
Other undisclosed comprehensive income, net of tax, attributable to parent      60
Comprehensive income (loss), net of tax, attributable to parent:(182)(1,356)5741851,134775737

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: