Delta Airlines 2003 Annual Report Download - page 75

Table of Contents
Consolidated Balance Sheets
December 31, 2003 and 2002
ASSETS
(in millions) 2003 2002
CURRENT ASSETS:
Cash and cash equivalents $ 2,710 $ 1,969
Restricted cash 207 134
Accounts receivable, net of an allowance for uncollectible accounts of $38 at December 31, 2003, and $33 at December 31, 2002 662 292
Income tax receivable — 319
Expendable parts and supplies inventories, net of an allowance for obsolescence of $183 at December 31, 2003 and 2002 202 164
Deferred income taxes 710 668
Prepaid expenses and other 476 356
Total current assets 4,967 3,902
PROPERTY AND EQUIPMENT:
Flight equipment 21,008 20,295
Accumulated depreciation (6,497) (6,109)
Flight equipment, net 14,511 14,186
Flight and ground equipment under capital leases 463 439
Accumulated amortization (353) (297)
Flight and ground equipment under capital leases, net 110 142
Ground property and equipment 4,477 4,270
Accumulated depreciation (2,408) (2,206)
Ground property and equipment, net 2,069 2,064
Advance payments for equipment 62 132
Total property and equipment, net 16,752 16,524
OTHER ASSETS:
Investments in associated companies 21 174
Goodwill 2,092 2,092
Operating rights and other intangibles, net of accumulated amortization of $179 at December 31, 2003, and $172 at December 31, 2002 95 102
Restricted investments for Boston airport terminal project 286 417
Other noncurrent assets 2,143 1,509
Total other assets 4,637 4,294
Total assets $26,356 $24,720
The accompanying notes are an integral part of these Consolidated Financial Statements.
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