Delta Air Lines Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	4,310	3,069	2,741	3,266	7,933
Short-Term Investments	-	-	1,127	3,268	3,386
Cash & Short-Term Investments	4,310	3,069	3,868	6,534	11,319
Cash Growth	40.44%	-20.66%	-40.80%	-42.27%	-19.70%
Receivables	2,850	3,224	3,130	3,176	2,404
Inventory	1,601	1,428	1,314	1,424	1,098
Prepaid Expenses	2,070	1,955	1,758	1,739	956
Restricted Cash	135	168	199	138	163
Total Current Assets	10,966	9,844	10,269	13,011	15,940
Property, Plant & Equipment	45,987	43,164	41,428	39,078	35,133
Long-Term Investments	4,222	2,846	3,457	2,128	1,712
Goodwill	9,753	9,753	9,753	9,753	9,753
Other Intangible Assets	5,966	5,975	5,983	5,992	6,001
Long-Term Deferred Tax Assets	-	95	243	325	1,294
Other Long-Term Assets	4,291	3,695	2,511	2,001	2,626
Total Assets	81,185	75,372	73,644	72,288	72,459
Accounts Payable	5,226	4,650	4,446	5,106	4,240
Accrued Expenses	6,894	6,574	6,178	5,020	4,185
Short-Term Debt	1,100	1,100	1,100	1,100	1,100
Current Portion of Long-Term Debt	1,605	1,801	2,625	2,055	1,502
Current Portion of Leases	809	1,137	1,117	1,018	983
Current Unearned Revenue	12,033	11,408	10,952	11,594	8,938
Other Current Liabilities	-	-	-	47	18
Total Current Liabilities	27,667	26,670	26,418	25,940	20,966
Long-Term Debt	12,507	13,546	15,985	19,326	23,582
Long-Term Leases	5,353	6,287	7,554	8,211	8,612
Long-Term Unearned Revenue	4,386	4,512	4,512	4,448	4,979
Pension & Post-Retirement Benefits	3,156	3,144	3,601	3,707	6,035
Long-Term Deferred Tax Liabilities	3,369	2,176	908	24	-
Other Long-Term Liabilities	3,994	3,744	3,561	4,050	4,398
Total Liabilities	60,432	60,079	62,539	65,706	68,572
Common Stock	20,753	-	-	-	-
Additional Paid-In Capital	-	11,740	11,641	11,526	11,447
Retained Earnings	-	8,783	5,650	1,170	-148
Treasury Stock	-	-251	-341	-313	-282
Comprehensive Income & Other	-	-4,979	-5,845	-5,801	-7,130
Shareholders' Equity	20,753	15,293	11,105	6,582	3,887
Total Liabilities & Equity	81,185	75,372	73,644	72,288	72,459
Total Debt	21,374	23,871	28,381	31,710	35,779
Net Cash (Debt)	-17,064	-20,802	-24,513	-25,176	-24,460
Net Cash Per Share	-26.09	-32.10	-38.12	-39.28	-38.16
Filing Date Shares Outstanding	649	641.64	639.16	638.13	636.99
Total Common Shares Outstanding	649	642.15	639.28	638.16	637.03
Working Capital	-16,701	-16,826	-16,149	-12,929	-5,026
Book Value Per Share	31.98	23.82	17.37	10.31	6.10
Tangible Book Value	5,034	-435	-4,631	-9,163	-11,867
Tangible Book Value Per Share	7.76	-0.68	-7.24	-14.36	-18.63
Machinery	-	44,722	40,976	38,091	33,368

Source: S&P Global Market Intelligence. Standard template. Financial Sources.