Balance Sheet: Liabilities and Stockholders’ Equity

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.

Delta Air Lines Inc., consolidated balance sheet: liabilities and stockholders’ equity

US$ in millions

	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017
Current maturities of debt and finance leases	1,782)	1,732)	2,287)	1,518)	2,242)
Current maturities of operating leases	703)	678)	801)	955)	—)
Air traffic liability	6,228)	4,044)	5,116)	4,661)	4,888)
Accounts payable	4,240)	2,840)	3,266)	2,976)	3,674)
Accrued salaries and related benefits	2,457)	2,086)	3,701)	3,287)	3,022)
Loyalty program deferred revenue	2,710)	1,777)	3,219)	2,989)	1,822)
Fuel card obligation	1,100)	1,100)	736)	1,075)	1,067)
Other accrued liabilities	1,746)	1,670)	1,078)	1,117)	1,858)
Current liabilities	20,966)	15,927)	20,204)	18,578)	18,573)
Debt and finance leases, excluding current maturities	25,138)	27,425)	8,873)	8,253)	6,592)
Noncurrent air traffic liability	130)	500)	—)	—)	—)
Pension, postretirement and related benefits	6,035)	10,630)	8,452)	9,163)	9,810)
Loyalty program deferred revenue	4,849)	5,405)	3,509)	3,652)	2,296)
Noncurrent operating leases	7,056)	5,713)	5,294)	5,801)	—)
Deferred income taxes, net	—)	—)	1,456)	163)	—)
Other noncurrent liabilities	4,398)	4,862)	1,386)	969)	2,111)
Noncurrent liabilities	47,606)	54,535)	28,970)	28,001)	20,809)
Total liabilities	68,572)	70,462)	49,174)	46,579)	39,382)
Common stock at $0.0001 par value	—)	—)	—)	—)	—)
Additional paid-in capital	11,447)	11,259)	11,129)	11,671)	12,053)
Retained earnings (accumulated deficit)	(148)	(428)	12,454)	10,039)	9,636)
Accumulated other comprehensive loss	(7,130)	(9,038)	(7,989)	(7,825)	(7,621)
Treasury stock, at cost	(282)	(259)	(236)	(198)	(158)
Stockholders’ equity	3,887)	1,534)	15,358)	13,687)	13,910)
Total liabilities and stockholders’ equity	72,459)	71,996)	64,532)	60,266)	53,292)

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).

Download chart

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.	Delta Air Lines Inc. current liabilities decreased from 2019 to 2020 but then increased from 2020 to 2021 exceeding 2019 level.
Noncurrent liabilities	Amount of obligation due after one year or beyond the normal operating cycle, if longer.	Delta Air Lines Inc. noncurrent liabilities increased from 2019 to 2020 but then slightly decreased from 2020 to 2021.
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.	Delta Air Lines Inc. total liabilities increased from 2019 to 2020 but then slightly decreased from 2020 to 2021.
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.	Delta Air Lines Inc. stockholders’ equity decreased from 2019 to 2020 but then slightly increased from 2020 to 2021.

Delta Air Lines Inc. (NYSE:DAL)

Balance Sheet: Liabilities and Stockholders’ Equity