Stock Analysis on Net

Delta Air Lines Inc. (NYSE:DAL)

This company has been moved to the archive! The financial data has not been updated since July 13, 2022.

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.

Delta Air Lines Inc., consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)

US$ in millions

Microsoft Excel
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 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017
Current maturities of debt and finance leases 1,936 1,116 1,782 2,296 2,372 2,983 1,732 5,045 5,230 4,337 2,287 2,196 2,281 3,055 1,518 1,176 1,342 2,289 2,242 1,224 1,098 1,040
Current maturities of operating leases 726 744 703 636 638 653 678 714 732 768 801 844 841 941 955
Air traffic liability 9,664 8,809 6,228 6,246 6,798 5,105 4,044 4,379 4,686 5,598 5,116 5,762 6,616 6,600 4,661 5,535 6,360 6,233 4,888 5,528 6,365 6,410
Accounts payable 5,353 4,810 4,240 4,017 3,930 3,432 2,840 2,403 2,332 3,337 3,266 3,470 3,359 3,214 2,976 3,265 3,749 3,351 3,674 3,059 2,726 2,353
Accrued salaries and related benefits 2,565 2,288 2,457 2,198 2,215 2,182 2,086 1,904 1,809 1,844 3,701 3,119 2,617 2,037 3,287 2,852 2,436 1,915 3,022 2,683 2,259 1,835
Loyalty program deferred revenue 2,994 3,038 2,710 2,619 2,757 2,439 1,777 1,284 1,195 1,099 3,219 3,200 3,048 3,013 2,989 2,935 2,799 2,758 1,822 1,759 1,726 1,696
Fuel card obligation 1,100 1,100 1,100 1,100 1,100 1,100 1,100 1,100 839 1,100 736 439 1,067 1,066 1,075 1,066 1,062 1,062 1,067
Other accrued liabilities 1,986 2,155 1,746 1,812 3,763 2,794 1,670 2,896 3,327 1,309 1,078 1,181 1,335 1,397 1,117 1,329 1,521 2,404 1,858 2,243 2,457 2,619
Current liabilities 26,324 24,060 20,966 20,924 23,573 20,688 15,927 19,725 20,150 19,392 20,204 20,211 21,164 21,323 18,578 18,158 19,269 20,012 18,573 16,496 16,631 15,953
Debt and finance leases, excluding current maturities 22,903 24,441 25,138 25,523 26,679 26,061 27,425 29,825 19,412 12,662 8,873 7,923 7,710 7,710 8,253 8,115 8,562 6,360 6,592 7,584 7,916 8,187
Noncurrent air traffic liability 250 300 130 130 140 250 500 239 315
Pension, postretirement and related benefits 5,654 5,862 6,035 8,408 8,644 10,396 10,630 9,272 8,160 8,285 8,452 8,457 8,516 9,086 9,163 8,902 9,052 9,193 9,810 9,565 9,623 10,291
Loyalty program deferred revenue 4,763 4,606 4,849 4,837 4,644 4,846 5,405 5,805 5,786 5,718 3,509 3,496 3,606 3,611 3,652 3,607 3,692 3,636 2,296 2,281 2,281 2,261
Noncurrent operating leases 7,006 7,199 7,056 5,742 5,633 5,568 5,713 5,856 5,371 5,204 5,294 5,441 5,539 5,805 5,801
Deferred income taxes, net 447 1,502 1,456 1,245
Other noncurrent liabilities 4,094 4,289 4,398 4,613 4,715 4,792 4,862 4,997 3,930 1,666 1,386 1,378 2,025 1,395 1,132 2,517 2,365 2,320 2,111 2,001 1,885 1,822
Noncurrent liabilities 44,670 46,697 47,606 49,253 50,455 51,913 54,535 55,994 43,421 35,037 28,970 27,940 27,396 27,607 28,001 23,141 23,671 21,509 20,809 21,431 21,705 22,561
Total liabilities 70,994 70,757 68,572 70,177 74,028 72,601 70,462 75,719 63,571 54,429 49,174 48,151 48,560 48,930 46,579 41,299 42,940 41,521 39,382 37,927 38,336 38,514
Common stock at $0.0001 par value
Additional paid-in capital 11,485 11,462 11,447 11,428 11,396 11,326 11,259 11,241 11,192 11,054 11,129 11,177 11,201 11,254 11,671 11,740 11,807 11,967 12,053 12,133 12,279 12,443
Retained earnings (accumulated deficit) (353) (1,088) (148) 259 (953) (1,605) (428) 327 5,706 11,423 12,454 11,772 10,686 9,656 10,039 9,696 8,851 8,465 9,636 9,502 8,905 8,226
Accumulated other comprehensive loss (7,008) (7,071) (7,130) (8,800) (8,882) (8,960) (9,038) (7,939) (7,937) (7,898) (7,989) (7,645) (7,694) (7,766) (7,825) (7,535) (7,606) (7,681) (7,621) (7,476) (7,549) (7,571)
Treasury stock, at cost (313) (312) (282) (281) (280) (279) (259) (272) (271) (270) (236) (236) (235) (233) (198) (197) (196) (194) (158) (158) (156) (153)
Stockholders’ equity 3,811 2,991 3,887 2,606 1,281 482 1,534 3,357 8,690 14,309 15,358 15,068 13,958 12,911 13,687 13,704 12,856 12,557 13,910 14,001 13,479 12,945
Total liabilities and stockholders’ equity 74,805 73,748 72,459 72,783 75,309 73,083 71,996 79,076 72,261 68,738 64,532 63,219 62,518 61,841 60,266 55,003 55,796 54,078 53,292 51,928 51,815 51,459

Based on: 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), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).

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. Delta Air Lines Inc. current liabilities increased from Q4 2021 to Q1 2022 and from Q1 2022 to Q2 2022.
Noncurrent liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. Delta Air Lines Inc. noncurrent liabilities decreased from Q4 2021 to Q1 2022 and from Q1 2022 to Q2 2022.
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 Q4 2021 to Q1 2022 and from Q1 2022 to Q2 2022.
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 Q4 2021 to Q1 2022 but then increased from Q1 2022 to Q2 2022 not reaching Q4 2021 level.