JetBlue Airlines 2011 Annual Report Download - page 60

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ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA
JETBLUE AIRWAYS CORPORATION
CONSOLIDATED BALANCE SHEETS
(In millions, except share data)
December 31,
2011 2010
ASSETS
CURRENT ASSETS
Cash and cash equivalents ..................................................... $ 673 $ 465
Investment securities ......................................................... 553 495
Receivables, less allowance (2011-$8; 2010-$6) ................................... 101 84
Inventories, less allowance (2011-$4; 2010-$4) .................................... 50 49
Restricted cash .............................................................. — 3
Prepaid expenses ............................................................ 147 148
Other ..................................................................... 5 27
Deferred income taxes ........................................................ 99 89
Total current assets ........................................................ 1,628 1,360
PROPERTY AND EQUIPMENT
Flight equipment ............................................................ 4,719 4,320
Predelivery deposits for flight equipment ......................................... 154 178
4,873 4,498
Less accumulated depreciation ................................................. 827 679
4,046 3,819
Other property and equipment .................................................. 531 491
Less accumulated depreciation ................................................. 207 178
324 313
Assets constructed for others .................................................. 561 558
Less accumulated amortization ................................................. 71 49
490 509
Total property and equipment ................................................ 4,860 4,641
OTHER ASSETS
Investment securities ......................................................... 38 133
Restricted cash .............................................................. 67 65
Other ..................................................................... 478 394
Total other assets .......................................................... 583 592
TOTAL ASSETS ............................................................. $7,071 $6,593
See accompanying notes to consolidated financial statements.
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