American Airlines 1997 Annual Report Download - page 50
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CONSOLI DATED BALANCE SHEET
48
AMR CORPORATION
December 31,
(in millions) 1997 1996
Assets
Current Assets
Cash $64 $68
Short-term investments 2,370 1,743
Receivables, less allowance for uncollectible accounts (1997 - $24; 1996 - $17) 1,370 1,382
Inventories, less allowance for obsolescence (1997 - $203; 1996 - $213) 636 633
Deferred income taxes 406 404
Other current assets 225 240
To tal current assets 5,071 4,470
Equipment and Property
Flight equipment, at cost 13,002 13,107
Less accumulated depreciation 4,459 3,922
8,543 9,185
Purchase deposits for flight equipment 754 -
Other equipment and property, at cost 4,158 3,982
Less accumulated depreciation 2,284 2,100
1,874 1,882
11,171 11,067
Equipment and Property Under Capital Leases
Flight equipment 2,980 2,998
Other equipment and property 274 261
3,254 3,259
Less accumulated amortization 1,168 1,021
2,086 2,238
Other Assets
Route acquisition costs, less accumulated amortization (1997 - $211; 1996 - $182) 945 974
Airport operating and gate lease rights, less accumulated amortization (1997 - $143; 1996 - $123) 325 345
Prepaid pension cost 382 446
Other 935 957
2,587 2,722
Total Assets $20,915 $20,497
The accompanying notes are an integral part of these financial statements.