American Airlines 2001 Annual Report Download - page 18

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16
CONSOLIDATED BALANCE SHEETS
December 31,
(in millions) 2001 2000
Assets
Current Assets
Cash $ 120 $ 89
Short-term investments 2,872 2,144
Receivables, less allowance for uncollectible accounts
(2001 – $52; 2000 – $27) 1,414 1,303
Inventories, less allowance for obsolescence
(2001 – $383; 2000 – $332) 822 757
Deferred income taxes 790 695
Other current assets 522 191
Total current assets 6,540 5,179
Equipment and Property
Flight equipment, at cost 21,707 20,041
Less accumulated depreciation 6,727 6,320
14,980 13,721
Purchase deposits for flight equipment 929 1,700
Other equipment and property, at cost 4,202 3,639
Less accumulated depreciation 2,123 1,968
2,079 1,671
17,988 17,092
Equipment and Property Under Capital Leases
Flight equipment 2,658 2,618
Other equipment and property 163 159
2,821 2,777
Less accumulated amortization 1,154 1,233
1,667 1,544
Other Assets
Route acquisition costs and airport operating and gate lease rights,
less accumulated amortization (2001 – $556; 2000 – $498) 1,325 1,143
Goodwill, less accumulated amortization (2001 – $110; 2000 – $83) 1,392 385
Other 3,929 870
6,646 2,398
Total Assets $ 32,841 $ 26,213
The accompanying notes are an integral part of these financial statements.