US Airways 2009 Annual Report Download - page 76

Table of Contents
US Airways Group, Inc.
Consolidated Balance Sheets
December 31, 2009 and 2008
2009 2008
(In millions, except share
and per share amounts)
ASSETS
Current assets
Cash and cash equivalents $ 1,299 $ 1,034
Investments in marketable securities — 20
Restricted cash — 186
Accounts receivable, net 285 293
Materials and supplies, net 227 201
Prepaid expenses and other 520 684
Total current assets 2,331 2,418
Property and equipment
Flight equipment 3,852 3,157
Ground property and equipment 883 816
Less accumulated depreciation and amortization (1,151) (954)
3,584 3,019
Equipment purchase deposits 112 267
Total property and equipment 3,696 3,286
Other assets
Other intangibles, net of accumulated amortization of $113 million and $87 million, respectively 503 545
Restricted cash 480 540
Investments in marketable securities 203 187
Other assets 241 238
Total other assets 1,427 1,510
Total assets $ 7,454 $ 7,214
LIABILITIES & STOCKHOLDERS' DEFICIT
Current liabilities
Current maturities of debt and capital leases $ 502 $ 362
Accounts payable 337 797
Air traffic liability 778 698
Accrued compensation and vacation 178 158
Accrued taxes 141 142
Other accrued expenses 853 887
Total current liabilities 2,789 3,044
Noncurrent liabilities and deferred credits
Long-term debt and capital leases, net of current maturities 4,024 3,623
Deferred gains and credits, net 377 383
Postretirement benefits other than pensions 130 108
Employee benefit liabilities and other 489 550
Total noncurrent liabilities and deferred credits 5,020 4,664
Commitments and contingencies (Note 9)
Stockholders' deficit
Common stock, $0.01 par value; 400,000,000 shares authorized, 161,520,457 and 161,102,833 shares issued
and outstanding at December 31, 2009; 200,000,000 shares authorized, 114,527,377 and 114,113,384 shares
issued and outstanding at December 31, 2008 2 1
Additional paid-in capital 2,107 1,789
Accumulated other comprehensive income 90 65
Accumulated deficit (2,541) (2,336)
Treasury stock, common stock, 417,624 and 413,993 shares at December 31, 2009 and 2008, respectively (13) (13)
Total stockholders' deficit (355) (494)
Total liabilities and stockholders' deficit $ 7,454 $ 7,214
See accompanying notes to consolidated financial statements.
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