JETBLUE AIRWAYS CORP
For the period ended Dec 31, 2023. Filed Feb 12, 2024.
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FY2023 · Filed Feb 12, 2024
JBLU$3.94+7.4%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
| December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| ASSETS | ||
| CURRENT ASSETS | ||
| Cash and cash equivalents | $1,166 | $1,042 |
| Investment securities | 401 | 350 |
| Receivables, less allowance (2023 - $3; 2022 - $4) | 336 | 317 |
| Inventories, less allowance (2023 - $35; 2022 - $29) | 109 | 87 |
| Prepaid expenses and other | 148 | 120 |
| Total current assets | 2,160 | 1,916 |
| PROPERTY AND EQUIPMENT | ||
| Flight equipment | 12,796 | 11,727 |
| Pre-delivery deposits for flight equipment | 393 | 415 |
| Total flight equipment and pre-delivery deposits, gross | 13,189 | 12,142 |
| Less accumulated depreciation | 4,021 | 3,578 |
| Total flight equipment and pre-delivery deposits, net | 9,168 | 8,564 |
| Other property and equipment, gross | 1,310 | 1,314 |
| Less accumulated depreciation | 803 | 731 |
| Total other property and equipment, net | 507 | 583 |
| Total property and equipment, net | 9,675 | 9,147 |
| OPERATING LEASE ASSETS | 593 | 660 |
| OTHER ASSETS | ||
| Investment securities | 163 | 172 |
| Restricted cash | 151 | 146 |
| Intangible assets, net of accumulated amortization (2023 - $518; 2022 - $455) | 349 | 298 |
| Other | 762 | 706 |
| Total other assets | 1,425 | 1,322 |
| TOTAL ASSETS | $13,853 | $13,045 |
CONSOLIDATED BALANCE SHEETS
| December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| CURRENT LIABILITIES | ||
| Accounts payable | $641 | $532 |
| Air traffic liability | 1,463 | 1,581 |
| Accrued salaries, wages and benefits | 591 | 498 |
| Other accrued liabilities | 509 | 486 |
| Current operating lease liabilities | 117 | 97 |
| Current maturities of long-term debt and finance lease obligations | 307 | 554 |
| Total current liabilities | 3,628 | 3,748 |
| LONG-TERM DEBT AND FINANCE LEASE OBLIGATIONS | 4,409 | 3,093 |
| LONG-TERM OPERATING LEASE LIABILITIES | 547 | 639 |
| DEFERRED TAXES AND OTHER LIABILITIES | ||
| Deferred income taxes | 743 | 770 |
| Air traffic liability - non-current | 740 | 738 |
| Other | 449 | 494 |
| Total deferred taxes and other liabilities | 1,932 | 2,002 |
| COMMITMENTS AND CONTINGENCIES (Notes 10 & 11) | ||
| STOCKHOLDERS’ EQUITY | ||
| Preferred stock, $0.01 par value; 25 shares authorized, none issued | — | — |
| Common stock, $0.01 par value; 900 shares authorized, 499 and 486 shares issued and, 339 and 327 shares outstanding at 2023 and 2022, respectively | 5 | 5 |
| Treasury stock, at cost; 159 shares at 2023 and 2022, respectively | (1,999) | (1,995) |
| Additional paid-in capital | 3,221 | 3,129 |
| Retained earnings | 2,114 | 2,424 |
| Accumulated other comprehensive loss | (4) | — |
| Total stockholders’ equity | 3,337 | 3,563 |
| TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY | $13,853 | $13,045 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.