JetBlue Airlines 2012 Annual Report Download - page 45

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JETBLUE AIRWAYS CORPORATION-2012 10K 41
PART II
ITEM 8Financial Statements and Supplementary Data
JetBlue Airways Corporation
Consolidated Balance Sheets
(in millions, except share data)
December 31,
2012 2011
LIABILITIES AND STOCKHOLDERS’ EQUITY
CURRENT LIABILITIES
Accounts payable $ 153 $ 148
Air traffi c liability 693 627
Accrued salaries, wages and benefi ts 172 152
Other accrued liabilities 196 199
Short-term borrowings — 88
Current maturities of long-term debt and capital leases 394 198
Total current liabilities 1,608 1,412
LONG-TERM DEBT AND CAPITAL LEASE OBLIGATIONS 2,457 2,850
CONSTRUCTION OBLIGATION 514 526
DEFERRED TAXES AND OTHER LIABILITIES
Deferred income taxes 481 392
Other 122 134
603 526
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS’ EQUITY
Preferred stock, $0.01 par value; 25,000,000 shares authorized, none issued — —
Common stock, $0.01 par value; 900,000,000 shares authorized, 330,589,532 and 326,589,018
shares issued and 281,007,806 and 281,777,919 shares outstanding at December 31, 2012 and 2011,
respectively 3 3
Treasury stock, at cost; 49,581,726 and 44,811,710 shares at December 31, 2012 and 2011,
respectively (35) (8)
Additional paid-in capital 1,495 1,472
Retained earnings 433 305
Accumulated other comprehensive loss (8) (15)
Total stockholders’ equity 1,888 1,757
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 7,070 $ 7,071
See accompanying notes to consolidated fi nancial statements.