American Airlines Group Inc., adjusted total assets

US$ in millions

	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
As Reported
Total assets	63,058)	64,716)	66,467)	62,008)	59,995)
Adjustments
Add: Operating lease right-of-use asset (before adoption of FASB Topic 842)¹	—)	—)	—)	—)	—)
Less: Deferred tax assets²	2,888)	3,099)	3,556)	3,239)	645)
After Adjustment
Adjusted total assets	60,170)	61,617)	62,911)	58,769)	59,350)

¹ Operating lease right-of-use asset (before adoption of FASB Topic 842). See details »

² Deferred tax assets. See details »

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American Airlines Group Inc., adjusted total liabilities

US$ in millions

	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
As Reported
Total liabilities	68,260)	70,515)	73,807)	68,875)	60,113)
Adjustments
Add: Operating lease liability (before adoption of FASB Topic 842)¹	—)	—)	—)	—)	—)
Less: Deferred tax liabilities²	9)	10)	9)	9)	29)
After Adjustment
Adjusted total liabilities	68,251)	70,505)	73,798)	68,866)	60,084)

¹ Operating lease liability (before adoption of FASB Topic 842). See details »

² Deferred tax liabilities. See details »

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American Airlines Group Inc., adjusted stockholders’ deficit

US$ in millions

	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
As Reported
Stockholders’ deficit	(5,202)	(5,799)	(7,340)	(6,867)	(118)
Adjustments
Less: Net deferred tax asset (liability)¹	2,879)	3,089)	3,547)	3,230)	616)
After Adjustment
Adjusted stockholders’ deficit	(8,081)	(8,888)	(10,887)	(10,097)	(734)

¹ Net deferred tax asset (liability). See details »

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American Airlines Group Inc., adjusted capitalization table

US$ in millions

	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
As Reported
Current maturities of long-term debt and finance leases	3,632)	3,274)	2,489)	2,797)	2,861)
Long-term debt and finance leases, net of current maturities	29,270)	32,389)	35,571)	29,796)	21,454)
Total reported debt	32,902)	35,663)	38,060)	32,593)	24,315)
Stockholders’ deficit	(5,202)	(5,799)	(7,340)	(6,867)	(118)
Total reported capital	27,700)	29,864)	30,720)	25,726)	24,197)
Adjustments to Debt
Add: Operating lease liability (before adoption of FASB Topic 842)¹	—)	—)	—)	—)	—)
Add: Current operating lease liabilities²	1,309)	1,465)	1,507)	1,651)	1,708)
Add: Noncurrent operating lease liabilities³	6,452)	6,559)	6,610)	6,777)	7,421)
Adjusted total debt	40,663)	43,687)	46,177)	41,021)	33,444)
Adjustments to Equity
Less: Net deferred tax asset (liability)⁴	2,879)	3,089)	3,547)	3,230)	616)
Adjusted stockholders’ deficit	(8,081)	(8,888)	(10,887)	(10,097)	(734)
After Adjustment
Adjusted total capital	32,582)	34,799)	35,290)	30,924)	32,710)

¹ Operating lease liability (before adoption of FASB Topic 842). See details »

² Current operating lease liabilities. See details »

³ Noncurrent operating lease liabilities. See details »

⁴ Net deferred tax asset (liability). See details »

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American Airlines Group Inc., adjusted net income (loss)

US$ in millions

12 months ended:	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
As Reported
Net income (loss)	822)	127)	(1,993)	(8,885)	1,686)
Adjustments
Add: Deferred income tax expense (benefit)¹	299)	65)	(555)	(2,568)	560)
Add: Other comprehensive income (loss), net of tax	(309)	1,357)	1,161)	(772)	(435)
After Adjustment
Adjusted net income (loss)	812)	1,549)	(1,387)	(12,225)	1,811)

¹ Deferred income tax expense (benefit). See details »

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American Airlines Group Inc. (NASDAQ:AAL)

Adjustments to Financial Statements