Delta Airlines 2005 Annual Report Download - page 65

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Table of Contents
Delta Air Lines, Inc.
Debtor and Debtor-In-Possession
Consolidated Balance Sheets
December 31, 2005 and 2004
ASSETS
(in millions) 2005 2004
CURRENT ASSETS:
Cash and cash equivalents $ 2,008 $ 1,463
Short-term investments — 336
Restricted cash 870 348
Accounts receivable, net of an allowance for uncollectible accounts of $41 and $38 at December 31, 2005 and
2004, respectively 819 696
Expendable parts and supplies inventories, net of an allowance for obsolescence of $201 and $184 at
December 31, 2005 and 2004, respectively 172 203
Deferred income taxes, net 99 35
Prepaid expenses and other 512 525
Total current assets 4,480 3,606
PROPERTY AND EQUIPMENT:
Flight equipment 18,591 20,627
Accumulated depreciation (6,621) (6,612)
Flight equipment, net 11,970 14,015
Flight and ground equipment under capital leases 535 717
Accumulated amortization (213) (364)
Flight and ground equipment under capital leases, net 322 353
Ground property and equipment 4,791 4,805
Accumulated depreciation (2,847) (2,706)
Ground property and equipment, net 1,944 2,099
Advance payments for equipment 44 89
Total property and equipment, net 14,280 16,556
OTHER ASSETS:
Goodwill 227 227
Operating rights and other intangibles, net of accumulated amortization of $189 and $185 at December 31, 2005
and 2004, respectively 74 79
Restricted investments for Boston airport terminal project 46 127
Other noncurrent assets 932 1,206
Total other assets 1,279 1,639
Total assets $20,039 $21,801
The accompanying notes are an integral part of these Consolidated Financial Statements.
F-3