US Airways 2003 Annual Report Download - page 52

Table of Contents
US Airways, Inc.
Consolidated Balance Sheets
December 31,
(dollars in millions)
Successor
Company
Predecessor
Company
2003
2002
ASSETS
Current Assets
Cash and cash equivalents $ 923 $ 580
Short-term investments 358 49
Restricted cash 151 150
Receivables, net 240 220
Receivables from related parties, net — 92
Materials and supplies, net 167 176
Prepaid expenses and other 138 83
Total Current Assets 1,977 1,350
Property and Equipment
Flight equipment 2,497 5,147
Ground property and equipment 349 1,108
Less accumulated depreciation and amortization (118) (2,495)
2,728 3,760
Purchase deposits for flight equipment 213 56
Total Property and Equipment 2,941 3,816
Other Assets
Goodwill 2,475 531
Other intangibles, net 532 307
Restricted cash 402 364
Other assets, net 22 96
Total Other Assets 3,431 1,298
$ 8,349 $ 6,464
LIABILITIES AND STOCKHOLDER'S EQUITY (DEFICIT)
Current Liabilities
Current maturities of long-term debt and DIP Facility $ 360 $ 300
Accounts payable 355 217
Payables to related parties, net 35 —
Traffic balances payable and unused tickets 835 784
Accrued aircraft rent 76 164
Accrued salaries, wages and vacation 190 281
Other accrued expenses 657 438
Total Current Liabilities 2,508 2,184
Noncurrent Liabilities and Deferred Credits
Long-term debt, net of current maturities 2,581 18
Deferred gains and credits, net 434 —
Postretirement benefits other than pensions 1,650 1,443
Employee benefit liabilities and other 1,087 2,272
Total Noncurrent Liabilities and Deferred Credits 5,752 3,733
Liabilities Subject to Compromise — 5,503
Commitments and Contingencies
Stockholder's Equity (Deficit)
Common stock — —