American Airlines 2007 Annual Report Download - page 52

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49
AMR CORPORATION
CONSOLIDATED BALANCE SHEETS
(in millions, except shares and par value)
December 31,
2007 2006
Assets
Current Assets
Cash $ 148 $ 121
Short-term investments 4,387 4,594
Restricted cash and short-term investments 428 468
Receivables, less allowance for uncollectible
accounts (2007 - $41; 2006- $45)
1,027
988
Inventories, less allowance for obsolescence
(2007 - $424; 2006 - $411)
601
506
Fuel derivative contracts 416 28
Other current assets 222 197
Total current assets 7,229 6,902
Equipment and Property
Flight equipment, at cost 23,006 22,913
Less accumulated depreciation 9,029 8,406
13,977 14,507
Purchase deposits for flight equipment 241 178
Other equipment and property, at cost 5,238 5,097
Less accumulated depreciation 2,825 2,706
2,413 2,391
16,631 17,076
Equipment and Property Under Capital Leases
Flight equipment 1,698 1,744
Other equipment and property 217 217
1,915 1,961
Less accumulated amortization 1,152 1,096
763 865
Other Assets
Route acquisition costs, slots and airport operating and gate lease rights, les
s
accumulated amortization (2007 - $389; 2006 - $361)
1,156
1,167
Other assets 2,792 3,135
3,948 4,302
Total Assets $ 28,571 $ 29,145
The accompanying notes are an integral part of these financial statements.