Frontier Group Holdings Inc

For the period ended Dec 31, 2023. Filed Feb 20, 2024.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2023 · Filed Feb 20, 2024

ULCC$8.35+12.4%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Balance Sheets

(in millions, except share data)

	December 31,
	2023	2022
Assets
Cash and cash equivalents	$609	$761
Accounts receivable, net	93	90
Supplies, net	79	55
Other current assets	90	114
Total current assets	871	1,020
Property and equipment, net	309	226
Operating lease right-of-use assets	2,964	2,484
Pre-delivery deposits for flight equipment	407	371
Aircraft maintenance deposits	84	105
Intangible assets, net	28	28
Other assets	330	265
Total assets	$4,993	$4,499
Liabilities and stockholders’ equity
Accounts payable	$134	$89
Air traffic liability	253	313
Frequent flyer liability	10	13
Current maturities of long-term debt, net	251	157
Current maturities of operating leases	549	465
Other current liabilities	461	518
Total current liabilities	1,658	1,555
Long-term debt, net	219	272
Long-term operating leases	2,440	2,034
Long-term frequent flyer liability	35	32
Other long-term liabilities	134	97
Total liabilities	4,486	3,990
Commitments and contingencies (Note 12)
Stockholders’ equity:
Common stock, $0.001 par value per share, with 222,998,790 and 217,875,890 shares issued and outstanding as of December 31, 2023 and 2022, respectively	—	—
Additional paid-in capital	403	393
Retained earnings	111	122
Accumulated other comprehensive income (loss)	(7)	(6)
Total stockholders’ equity	507	509
Total liabilities and stockholders’ equity	$4,993	$4,499

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.