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CONSOLIDATED BALANCE SHEETS (UNAUDITED) (UA) - USD ($)
$ in Millions
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 10,864 $ 6,058
Short-term investments 4,384 8,330
Restricted cash 30 31
Receivables, less allowance for credit losses (2024 — $20; 2023 — $18) 2,376 1,898
Aircraft fuel, spare parts and supplies, less obsolescence allowance (2024 — $754; 2023 — $689) 1,680 1,561
Prepaid expenses and other 669 609
Total current assets 20,003 18,487
Operating property and equipment:    
Flight equipment 49,814 48,448
Other property and equipment 11,295 10,527
Purchase deposits for flight equipment 3,457 3,550
Total operating property and equipment 64,566 62,525
Less — Accumulated depreciation and amortization (23,901) (22,710)
Total operating property and equipment, net 40,665 39,815
Operating lease right-of-use assets 3,803 3,914
Other assets:    
Goodwill 4,527 4,527
Intangibles, less accumulated amortization (2024 — $1,347; 2023 — $1,495) 2,699 2,725
Restricted cash 220 245
Investments in affiliates and other, less allowance for credit losses (2024 — $32; 2023 —$38) 1,337 1,391
Total other assets 8,783 8,888
Total assets 73,254 71,104
Current liabilities:    
Accounts payable 4,478 3,835
Accrued salaries and benefits 2,383 2,940
Advance ticket sales 9,365 6,704
Frequent flyer deferred revenue 3,252 3,095
Current maturities of long-term debt 4,757 4,018
Current maturities of operating leases 548 576
Current maturities of finance leases 110 172
Current maturities of other financial liabilities 68 57
Other 894 806
Total current liabilities 25,855 22,203
Long-term debt 21,687 25,057
Long-term obligations under operating leases 4,443 4,503
Long-term obligations under finance leases 65 91
Other liabilities and deferred credits:    
Frequent flyer deferred revenue 4,101 4,048
Pension liability 998 968
Postretirement benefit liability 612 637
Deferred income taxes 951 594
Other financial liabilities 2,576 2,265
Other 1,440 1,414
Total other liabilities and deferred credits 10,678 9,926
Commitments and contingencies
Stockholders' equity:    
Common stock at par, $0.01 par value; authorized 1,000 shares; issued and outstanding 1,000 shares at both June 30, 2024 and December 31, 2023 4 4
Additional capital invested 9,001 8,992
Retained earnings 4,986 3,831
Accumulated other comprehensive loss (97) (62)
Total stockholders' equity 10,526 9,324
Total liabilities and stockholders' equity 73,254 71,104
United Airlines, Inc.    
Current assets:    
Cash and cash equivalents 10,864 6,058
Short-term investments 4,384 8,330
Restricted cash 30 31
Receivables, less allowance for credit losses (2024 — $20; 2023 — $18) 2,376 1,898
Aircraft fuel, spare parts and supplies, less obsolescence allowance (2024 — $754; 2023 — $689) 1,680 1,561
Prepaid expenses and other 669 609
Total current assets 20,003 18,487
Operating property and equipment:    
Flight equipment 49,814 48,448
Other property and equipment 11,295 10,527
Purchase deposits for flight equipment 3,457 3,550
Total operating property and equipment 64,566 62,525
Less — Accumulated depreciation and amortization (23,901) (22,710)
Total operating property and equipment, net 40,665 39,815
Operating lease right-of-use assets 3,803 3,914
Other assets:    
Goodwill 4,527 4,527
Intangibles, less accumulated amortization (2024 — $1,347; 2023 — $1,495) 2,699 2,725
Restricted cash 220 245
Investments in affiliates and other, less allowance for credit losses (2024 — $32; 2023 —$38) 1,337 1,391
Total other assets 8,783 8,888
Total assets 73,254 71,104
Current liabilities:    
Accounts payable 4,478 3,835
Accrued salaries and benefits 2,383 2,940
Advance ticket sales 9,365 6,704
Frequent flyer deferred revenue 3,252 3,095
Current maturities of long-term debt 4,757 4,018
Current maturities of operating leases 548 576
Current maturities of finance leases 110 172
Current maturities of other financial liabilities 68 57
Other 895 808
Total current liabilities 25,856 22,205
Long-term debt 21,687 25,057
Long-term obligations under operating leases 4,443 4,503
Long-term obligations under finance leases 65 91
Other liabilities and deferred credits:    
Frequent flyer deferred revenue 4,101 4,048
Pension liability 998 968
Postretirement benefit liability 612 637
Deferred income taxes 981 622
Other financial liabilities 2,576 2,265
Other 1,440 1,414
Total other liabilities and deferred credits 10,708 9,954
Commitments and contingencies
Stockholders' equity:    
Common stock at par, $0.01 par value; authorized 1,000 shares; issued and outstanding 1,000 shares at both June 30, 2024 and December 31, 2023 0 0
Additional capital invested 538 482
Retained earnings 7,536 6,336
Accumulated other comprehensive loss (97) (62)
Payable to parent 2,518 2,538
Total stockholders' equity 10,495 9,294
Total liabilities and stockholders' equity $ 73,254 $ 71,104