American Airlines 2008 Annual Report Download - page 56

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53
AMR CORPORATION
CONSOLIDATED BALANCE SHEETS
(in millions, except shares and par value)
December 31,
2008
2007
Assets
Current Assets
Cash
$ 191
$ 148
Short-term investments
2,916
4,387
Restricted cash and short-term investments
459
428
Receivables, less allowance for uncollectible
accounts (2008 - $49; 2007 - $41)
811
1,027
Inventories, less allowance for obsolescence
(2008 - $488; 2007 - $424)
525
601
Fuel derivative contracts
188
416
Fuel derivative collateral deposits
575
-
Other current assets
270
222
Total current assets
5,935
7,229
Equipment and Property
Flight equipment, at cost
19,601
23,006
Less accumulated depreciation
7,147
9,029
12,454
13,977
Purchase deposits for flight equipment
671
241
Other equipment and property, at cost
5,132
5,238
Less accumulated depreciation
2,762
2,825
2,370
2,413
15,495
16,631
Equipment and Property Under Capital Leases
Flight equipment
561
1,698
Other equipment and property
215
217
776
1,915
Less accumulated amortization
536
1,152
240
763
Other Assets
Route acquisition costs, slots and airport operating and gate lease rights, less
accumulated amortization (2008 - $416; 2007 - $389)
1,109
1,156
Other assets
2,396
2,792
3,505
3,948
Total Assets
$ 25,175
$ 28,571
The accompanying notes are an integral part of these financial statements.