American Airlines 2004 Annual Report Download - page 47

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44
AMR CORPORATION
CONSOLIDATED BALANCE SHEETS
(in millions, except shares and par value)
December 31,
2004 2003
Assets
Current Assets
Cash $ 120 $ 120
Short-term investments 2,809 2,486
Restricted cash and short-term investments 478 527
Receivables, less allowance for uncollectible
accounts (2004 - $59; 2003 - $62) 836 796
Inventories, less allowance for obsolescence
(2004 - $379; 2003 - $428) 488 516
Other current assets 240 237
Total current assets 4,971 4,682
Equipment and Property
Flight equipment, at cost 22,297 21,366
Less accumulated depreciation 7,005 6,047
15,292 15,319
Purchase deposits for flight equipment 319 359
Other equipment and property, at cost 5,005 4,820
Less accumulated depreciation 2,579 2,409
2,426 2,411
18,037 18,089
Equipment and Property Under Capital Leases
Flight equipment 1,917 2,291
Other equipment and property 170 167
2,087 2,458
Less accumulated amortization 987 1,087
1,100 1,371
Other Assets
Route acquisition costs and airport operating and gate lease rights, less
accumulated amortization (2004 - $309; 2003 - $284) 1,223 1,253
Other assets 3,442 3,935
4,665 5,188
Total Assets $ 28,773 $ 29,330
The accompanying notes are an integral part of these financial statements.