United Airlines Holdings Inc
For the period ended Sep 30, 2024. Filed Oct 16, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Oct 16, 2024
UAL$120.38+6.8%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
Table of Contents
| September 30, 2024 | December 31, 2023 | |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $8,812 | $6,058 |
| Short-term investments | 5,352 | 8,330 |
| Restricted cash | 36 | 31 |
| Receivables, less allowance for credit losses (2024 — $21; 2023 — $18) | 2,042 | 1,898 |
| Aircraft fuel, spare parts and supplies, less obsolescence allowance (2024 — $788; 2023 — $689) | 1,639 | 1,561 |
| Prepaid expenses and other | 690 | 609 |
| Total current assets | 18,571 | 18,487 |
| Operating property and equipment: | ||
| Flight equipment | 50,933 | 48,448 |
| Other property and equipment | 11,865 | 10,527 |
| Purchase deposits for flight equipment | 3,414 | 3,550 |
| Total operating property and equipment | 66,212 | 62,525 |
| Less — Accumulated depreciation and amortization | (24,532) | (22,710) |
| Total operating property and equipment, net | 41,680 | 39,815 |
| Operating lease right-of-use assets | 3,782 | 3,914 |
| Other assets: | ||
| Goodwill | 4,527 | 4,527 |
| Intangibles, less accumulated amortization (2024 — $1,355; 2023 — $1,495) | 2,691 | 2,725 |
| Restricted cash | 180 | 245 |
| Investments in affiliates and other, less allowance for credit losses (2024 — $32; 2023 —$38) | 1,209 | 1,391 |
| Total other assets | 8,607 | 8,888 |
| Total assets | $72,640 | $71,104 |
(continued on next page)
Table of Contents
| September 30, 2024 | December 31, 2023 | |
|---|---|---|
| LIABILITIES AND STOCKHOLDER'S EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $4,008 | $3,835 |
| Accrued salaries and benefits | 2,802 | 2,940 |
| Advance ticket sales | 8,477 | 6,704 |
| Frequent flyer deferred revenue | 3,314 | 3,095 |
| Current maturities of long-term debt | 3,279 | 4,018 |
| Current maturities of operating leases | 491 | 576 |
| Current maturities of finance leases | 87 | 172 |
| Current maturities of other financial liabilities | 69 | 57 |
| Other | 839 | 808 |
| Total current liabilities | 23,366 | 22,205 |
| Long-term debt | 22,207 | 25,057 |
| Long-term obligations under operating leases | 4,432 | 4,503 |
| Long-term obligations under finance leases | 89 | 91 |
| Other liabilities and deferred credits: | ||
| Frequent flyer deferred revenue | 4,057 | 4,048 |
| Pension liability | 1,030 | 968 |
| Postretirement benefit liability | 594 | 637 |
| Deferred income taxes | 1,254 | 622 |
| Other financial liabilities | 2,705 | 2,265 |
| Other | 1,500 | 1,414 |
| Total other liabilities and deferred credits | 11,140 | 9,954 |
| Commitments and contingencies | ||
| Stockholder's equity: | ||
| Common stock at par, $0.01 par value; authorized 1,000 shares; issued and outstanding 1,000 shares at both September 30, 2024 and December 31, 2023 | — | — |
| Additional capital invested | 579 | 482 |
| Retained earnings | 8,501 | 6,336 |
| Accumulated other comprehensive loss | (109) | (62) |
| Payable to parent | 2,435 | 2,538 |
| Total stockholder's equity | 11,406 | 9,294 |
| Total liabilities and stockholder's equity | $72,640 | $71,104 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.