AMERICAN AIRLINES GROUP INC. CONSOLIDATED BALANCE SHEETS (In millions, except share and par value) 74 December 31, 2019 2018 ASSETS Current assets Cash $ 280 $ 275 Short-term investments 3,546 4,485 Restricted cash and short-term investments 158 154 Accounts receivable, net 1,750 1,706 Aircraft fuel, spare parts and supplies, net 1,851 1,522 Prepaid expenses and other 621 495 Total current assets 8,206 8,637 Operating property and equipment Flight equipment 42,537 41,499 Ground property and equipment 9,443 8,764 Equipment purchase deposits 1,674 1,278 Total property and equipment, at cost 53,654 51,541 Less accumulated depreciation and amortization (18,659 ) (17,443 ) Total property and equipment, net 34,995 34,098 Operating lease right-of-use assets 8,737 9,151 Other assets Goodwill 4,091 4,091 Intangibles, net of accumulated amortization of $704 and $663, respectively 2,084 2,137 Deferred tax asset 645 1,145 Other assets 1,237 1,321 Total other assets 8,057 8,694 Total assets $ 59,995 $ 60,580 LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT) Current liabilities Current maturities of long-term debt and finance leases $ 2,861 $ 3,294 Accounts payable 2,062 1,773 Accrued salaries and wages 1,541 1,427 Air traffic liability 4,808 4,339 Loyalty program liability 3,193 3,267 Operating lease liabilities 1,708 1,654 Other accrued liabilities 2,138 2,342 Total current liabilities 18,311 18,096 Noncurrent liabilities Long-term debt and finance leases, net of current maturities 21,454 21,179 Pension and postretirement benefits 6,052 6,907 Loyalty program liability 5,422 5,272 Operating lease liabilities 7,421 7,902 Other liabilities 1,453 1,393 Total noncurrent liabilities 41,802 42,653 Commitments and contingencies (Note 12) Stockholders' equity (deficit) Common stock, $0.01 par value; 1,750,000,000 shares authorized, 428,202,506 shares issued and outstanding at December 31, 2019; 460,610,870 shares issued and outstanding at December 31, 2018 4 5 Additional paid-in capital 3,945 4,964 Accumulated other comprehensive loss (6,331) (5,896) Retained earnings 2,264 758 Total stockholders' deficit (118) (169) Total liabilities and stockholders’ equity (deficit) $ 59,995 $ 60,580 See accompanying notes to consolidated financial statements.