Stock Analysis on Net

United Airlines Holdings Inc. (NASDAQ:UAL)

This company has been moved to the archive! The financial data has not been updated since April 17, 2024.

Balance Sheet: Liabilities and Stockholders’ Equity 
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

United Airlines Holdings Inc., consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)

US$ in millions

Microsoft Excel
Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Accounts payable 4,344 3,835 4,206 4,172 3,858 3,395 3,534 3,755 2,966 2,562 2,199 2,218 1,838 1,595 1,831 1,725 2,436 2,703 2,848 3,033 2,707
Accrued salaries and benefits 2,128 2,940 3,815 3,223 1,970 1,971 1,841 1,943 2,008 2,121 2,207 2,228 2,267 1,960 1,994 1,669 1,647 2,271 2,104 1,871 1,660
Advance ticket sales 9,601 6,704 8,392 10,102 10,158 7,555 8,747 9,931 8,904 6,354 6,363 6,960 5,502 4,833 4,907 4,950 5,309 4,819 5,515 6,126 6,006
Frequent flyer deferred revenue 3,086 3,095 2,969 2,841 2,832 2,693 2,642 2,590 2,516 2,239 2,129 2,099 1,251 908 772 840 1,355 2,440 2,537 2,435 2,388
Current maturities of long-term debt 3,958 4,018 3,649 3,580 3,206 2,911 2,955 3,012 2,994 3,002 2,269 1,881 1,783 1,911 4,584 4,454 4,055 1,407 1,243 1,255 1,201
Current maturities of operating leases 557 576 598 571 610 561 546 543 538 556 569 583 623 612 623 598 688 686 778 637 639
Current maturities of finance leases 117 172 271 225 75 104 72 78 64 76 116 144 179 182 136 93 59 46 92 117 133
Current maturities of other financial liabilities 63 57 44 35 29 23 906 914 1,185 834
Payroll Support Program deferred credit 1,132 1,508
Other 910 806 812 826 897 779 746 678 613 560 1,083 819 724 724 944 558 538 566 574 604 601
Current liabilities 24,764 22,203 24,756 25,575 23,635 19,992 21,989 23,444 21,788 18,304 16,935 18,064 14,167 12,725 15,791 16,395 16,087 14,938 15,691 16,078 15,335
Long-term debt, less current portion 23,059 25,057 25,932 26,713 27,460 28,283 28,490 29,175 29,665 30,361 31,520 32,303 25,849 24,836 22,297 14,318 13,198 13,145 12,900 12,938 12,734
Long-term obligations under operating leases 4,517 4,503 4,493 4,607 4,569 4,459 4,803 4,997 5,143 5,152 5,163 4,920 4,985 4,986 4,943 5,113 5,060 4,946 4,941 5,034 5,145
Long-term obligations under finance leases 78 91 71 145 105 115 112 205 210 219 250 250 240 224 278 316 369 220 186 202 236
Frequent flyer deferred revenue 4,193 4,048 4,107 4,183 4,028 3,982 3,936 3,905 3,901 4,043 4,088 4,086 4,858 5,067 5,063 4,830 4,133 2,836 2,682 2,763 2,750
Pension liability 985 968 800 804 778 747 1,948 1,934 1,929 1,920 2,180 2,501 2,478 2,460 2,282 2,221 1,514 1,446 1,087 1,366 1,454
Postretirement benefit liability 625 637 621 641 658 671 946 964 986 1,000 961 988 1,013 994 1,012 957 775 789 836 1,277 1,287
Deferred income taxes 545 594 472 133 389 804 1,322 1,736 1,594 1,192 898
Other financial liabilities 2,495 2,265 1,648 1,468 1,130 844 492 496 499 863 1,406 1,683 1,568 1,140 957
Other 1,453 1,414 1,400 1,367 1,386 1,369 1,354 1,297 1,293 1,284 1,360 1,350 1,298 1,156 1,174 1,430 1,179 1,024 981 980 998
Other liabilities and deferred credits 10,296 9,926 9,048 8,596 7,980 7,613 8,676 8,596 8,608 9,110 9,995 10,608 11,215 10,817 10,877 10,242 8,923 7,831 7,180 7,578 7,387
Noncurrent liabilities 37,950 39,577 39,544 40,061 40,114 40,470 42,081 42,973 43,626 44,842 46,928 48,081 42,289 40,863 38,395 29,989 27,550 26,142 25,207 25,752 25,502
Total liabilities 62,714 61,780 64,300 65,636 63,749 60,462 64,070 66,417 65,414 63,146 63,863 66,145 56,456 53,588 54,186 46,384 43,637 41,080 40,898 41,830 40,837
Preferred stock
Common stock at par, $0.01 par value 4 4 4 4 4 4 4 4 4 4 4 4 4 4 3 3 3 3 3 3 3
Additional capital invested 8,973 8,992 8,968 8,945 8,926 8,986 8,970 8,970 8,953 9,156 9,094 9,042 8,923 8,366 7,383 7,307 6,096 6,129 6,111 6,096 6,080
Stock held in treasury, at cost (3,372) (3,441) (3,442) (3,442) (3,443) (3,534) (3,533) (3,551) (3,552) (3,814) (3,814) (3,832) (3,834) (3,897) (3,898) (3,899) (3,901) (3,599) (3,384) (3,022) (2,487)
Retained earnings (accumulated deficit) 3,664 3,831 3,232 2,095 1,020 1,265 421 (515) (844) 625 1,271 804 1,239 2,626 4,524 6,365 7,991 9,716 9,075 8,050 6,999
Accumulated other comprehensive income (loss) (81) (62) 91 103 161 175 (964) (944) (937) (942) (1,124) (1,114) (1,126) (1,139) (1,009) (1,259) (771) (718) (504) (807) (793)
Stockholders’ equity 9,188 9,324 8,853 7,705 6,668 6,896 4,898 3,964 3,624 5,029 5,431 4,904 5,206 5,960 7,003 8,517 9,418 11,531 11,301 10,320 9,802
Total liabilities and stockholders’ equity 71,902 71,104 73,153 73,341 70,417 67,358 68,968 70,381 69,038 68,175 69,294 71,049 61,662 59,548 61,189 54,901 53,055 52,611 52,199 52,150 50,639

Based on: 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).

Balance sheet item Description The company
Current liabilities Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. United Airlines Holdings Inc. current liabilities decreased from Q3 2023 to Q4 2023 but then increased from Q4 2023 to Q1 2024 exceeding Q3 2023 level.
Noncurrent liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. United Airlines Holdings Inc. noncurrent liabilities increased from Q3 2023 to Q4 2023 but then decreased significantly from Q4 2023 to Q1 2024.
Total liabilities Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. United Airlines Holdings Inc. total liabilities decreased from Q3 2023 to Q4 2023 but then slightly increased from Q4 2023 to Q1 2024.
Stockholders’ equity Total of all stockholders’ equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity stockholders’ equity attributable to the parent excludes the amount of stockholders’ equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. United Airlines Holdings Inc. stockholders’ equity increased from Q3 2023 to Q4 2023 but then slightly decreased from Q4 2023 to Q1 2024.