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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 11,269 $ 2,762
Short-term investments 414 2,182
Restricted cash 255 0
Receivables, less allowance for credit losses (2020—$78; 2019—$9) 1,295 1,364
Aircraft fuel, spare parts and supplies, less obsolescence allowance (2020—$478; 2019—$425) 932 1,072
Prepaid expenses and other 635 814
Total current assets 14,800 8,194
Operating property and equipment:    
Flight equipment 38,218 35,421
Other property and equipment 8,511 7,926
Purchase deposits for flight equipment 1,166 1,360
Total operating property and equipment 47,895 44,707
Less—Accumulated depreciation and amortization (16,429) (14,537)
Total operating property and equipment, net 31,466 30,170
Operating lease right-of-use assets 4,537 4,758
Other assets:    
Goodwill 4,527 4,523
Intangibles, less accumulated amortization (2020—$1,495; 2019—$1,440) 2,838 3,009
Restricted cash 218 106
Deferred income taxes 131 0
Notes receivable, less allowance for credit losses (2020—$522) 31 671
Investments in affiliates and other, net 1,000 1,180
Total other assets 8,745 9,489
Total assets 59,548 52,611
Current liabilities:    
Accounts payable 1,595 2,703
Accrued salaries and benefits 1,960 2,271
Advance ticket sales 4,833 4,819
Frequent flyer deferred revenue 908 2,440
Current maturities of long-term debt 1,911 1,407
Current maturities of operating leases 612 686
Current maturities of finance leases 182 46
Other 724 566
Total current liabilities 12,725 14,938
Long-term debt 24,836 13,145
Long-term obligations under operating leases 4,986 4,946
Long-term obligations under finance leases 224 220
Other liabilities and deferred credits:    
Frequent flyer deferred revenue 5,067 2,836
Pension liability 2,460 1,446
Postretirement benefit liability 994 789
Deferred income taxes 0 1,736
Other financial liabilities from sale-leasebacks 1,140 0
Other 1,156 1,024
Total other liabilities and deferred credits 10,817 7,831
Commitments and contingencies
Stockholders' equity:    
Preferred stock 0 0
Common stock 4 3
Additional capital invested 8,366 6,129
Stock held in treasury, at cost (3,897) (3,599)
Retained earnings 2,626 9,716
Accumulated other comprehensive loss (1,139) (718)
Total stockholders' equity 5,960 11,531
Total liabilities and stockholders' equity 59,548 52,611
United Airlines, Inc.    
Current assets:    
Cash and cash equivalents 11,269 2,756
Short-term investments 414 2,182
Restricted cash 255 0
Receivables, less allowance for credit losses (2020—$78; 2019—$9) 1,295 1,364
Aircraft fuel, spare parts and supplies, less obsolescence allowance (2020—$478; 2019—$425) 932 1,072
Prepaid expenses and other 635 814
Total current assets 14,800 8,188
Operating property and equipment:    
Flight equipment 38,218 35,421
Other property and equipment 8,511 7,926
Purchase deposits for flight equipment 1,166 1,360
Total operating property and equipment 47,895 44,707
Less—Accumulated depreciation and amortization (16,429) (14,537)
Total operating property and equipment, net 31,466 30,170
Operating lease right-of-use assets 4,537 4,758
Other assets:    
Goodwill 4,527 4,523
Intangibles, less accumulated amortization (2020—$1,495; 2019—$1,440) 2,838 3,009
Restricted cash 218 106
Deferred income taxes 103 0
Notes receivable, less allowance for credit losses (2020—$522) 31 671
Investments in affiliates and other, net 1,000 1,180
Total other assets 8,717 9,489
Total assets 59,520 52,605
Current liabilities:    
Accounts payable 1,595 2,703
Accrued salaries and benefits 1,960 2,271
Advance ticket sales 4,833 4,819
Frequent flyer deferred revenue 908 2,440
Current maturities of long-term debt 1,911 1,407
Current maturities of operating leases 612 686
Current maturities of finance leases 182 46
Other 728 571
Total current liabilities 12,729 14,943
Long-term debt 24,836 13,145
Long-term obligations under operating leases 4,986 4,946
Long-term obligations under finance leases 224 220
Other liabilities and deferred credits:    
Frequent flyer deferred revenue 5,067 2,836
Pension liability 2,460 1,446
Postretirement benefit liability 994 789
Deferred income taxes 0 1,763
Other financial liabilities from sale-leasebacks 1,140 0
Other 1,156 1,025
Total other liabilities and deferred credits 10,817 7,859
Commitments and contingencies
Stockholders' equity:    
Common stock 0 0
Additional capital invested 85 0
Retained earnings 4,939 12,353
Accumulated other comprehensive loss (1,139) (718)
Payable to (receivable from) parent 2,043 (143)
Total stockholders' equity 5,928 11,492
Total liabilities and stockholders' equity $ 59,520 $ 52,605