JetBlue Airlines 2007 Annual Report Download - page 54

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ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA
JETBLUE AIRWAYS CORPORATION
CONSOLIDATED BALANCE SHEETS
(In millions, except share data)
December 31,
2007 2006
ASSETS
CURRENT ASSETS
Cash and cash equivalents ............................................... $ 190 $ 10
Investment securities ................................................... 644 689
Receivables, less allowance (2007-$2; 2006-$2) ............................. 92 77
Inventories, less allowance (2007-$2; 2006-$2) .............................. 26 27
Prepaid expenses and other.............................................. 164 124
Total current assets ................................................... 1,116 927
PROPERTY AND EQUIPMENT
Flight equipment ....................................................... 3,547 3,111
Predelivery deposits for flight equipment .................................. 238 243
3,785 3,354
Less accumulated depreciation ........................................... 336 242
3,449 3,112
Other property and equipment........................................... 475 422
Less accumulated depreciation ........................................... 130 96
345 326
Total property and equipment ......................................... 3,794 3,438
OTHER ASSETS
Purchased technology, less accumulated amortization (2007-$48; 2006-$36)..... 21 32
Assets constructed for others ............................................ 452 186
Restricted cash......................................................... 53 120
Other ................................................................. 162 140
Total other assets .................................................... 688 478
TOTAL ASSETS ........................................................ $5,598 $4,843
See accompanying notes to consolidated financial statements.
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