American Airlines 2003 Annual Report Download - page 46

Download and view the complete annual report

Please find page 46 of the 2003 American Airlines annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 103

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103

44
AMR CORPORATION
CONSOLIDATED BALANCE SHEETS
(in millions, except shares and par value)
December 31,
2003 2002
Assets
Current Assets
Cash $ 120 $ 104
Short-term investments 2,486 1,846
Restricted cash and short-term investments 527 783
Receivables, less allowance for uncollectible
accounts (2003 - $62; 2002 - $66) 796 909
Income tax receivable - 572
Inventories, less allowance for obsolescence
(2003 - $428; 2002 - $450) 516 627
Other current assets 237 96
Total current assets 4,682 4,937
Equipment and Property
Flight equipment, at cost 21,366 21,158
Less accumulated depreciation 6,047 6,117
15,319 15,041
Purchase deposits for flight equipment 359 767
Other equipment and property, at cost 4,820 4,738
Less accumulated depreciation 2,409 2,288
2,411 2,450
18,089 18,258
Equipment and Property Under Capital Leases
Flight equipment 2,291 2,245
Other equipment and property 167 165
2,458 2,410
Less accumulated amortization 1,087 974
1,371 1,436
Other Assets
Route acquisition costs and airport operating and gate lease rights, less
accumulated amortization (2003 - $284; 2002 - $257) 1,253 1,292
Other 3,935 4,344
5,188 5,636
Total Assets $ 29,330 $ 30,267
The accompanying notes are an integral part of these financial statements.