Delta Airlines 2006 Annual Report Download - page 60

Delta Air Lines, Inc.
Debtor and Debtor-In-Possession
Consolidated Balance Sheets
December 31, 2006 and 2005
ASSETS
(in millions) 2006 2005
CURRENT ASSETS:
Cash and cash equivalents $ 2,034 $ 2,008
Short-term investments 614 -
Restricted cash 750 870
Accounts receivable, net of an allowance for uncollectible accounts
of $21 and $41 at December 31, 2006 and 2005, respectively 915 819
Expendable parts and supplies inventories, net of an allowance for
obsolescence of $161 and $201 at December 31, 2006 and 2005, respectively 181 172
Deferred income taxes, net 402 99
Prepaid expenses and other 489 512
Total current assets 5,385 4,480
PROPERTY AND EQUIPMENT:
Flight equipment 17,641 18,591
Accumulated depreciation (6,800) (6,621)
Flight equipment, net 10,841 11,970
Ground property and equipment 4,575 4,791
Accumulated depreciation (2,838) (2,847)
Ground property and equipment, net 1,737 1,944
Flight and ground equipment under capital leases 474 535
Accumulated amortization (136) (213)
Flight and ground equipment under capital leases, net 338 322
Advance payments for equipment 57 44
Total property and equipment, net 12,973 14,280
OTHER ASSETS:
Goodwill 227 227
Operating rights and other intangibles, net of accumulated amortization of
$190 and $189 at December 31, 2006 and 2005, respectively 89 74
Other noncurrent assets 948 978
Total other assets 1,264 1,279
Total assets $ 19,622 $ 20,039
The accompanying notes are an integral part of these Consolidated Financial Statements.
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