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%
Accounts Receivable	2,850	3,224	3,130	3,176	2,404
Inventory	1,601	1,428	1,314	1,424	1,098
Other Current Assets	2,207	2,123	1,957	1,877	1,119
Total Current Assets	10,968	9,844	10,269	13,011	15,940
Net Property, Plant & Equipment	45,987	44,239	42,490	40,145	35,986
Other Intangible Assets	5,966	5,975	5,983	5,992	6,001
Goodwill	9,753	9,753	9,753	9,753	9,753
Long-Term Investments	4,222	2,846	3,457	2,128	1,712
Other Long-Term Assets	4,421	2,715	1,692	1,259	3,067
Total Assets	81,317	75,372	73,644	72,288	72,459
Accounts Payable	5,226	4,650	4,446	5,106	4,240
Accrued Expenses	6,851	6,574	6,178	5,067	4,203
Short-Term Debt	1,100	1,100	1,100	1,100	1,100
Current Portion of Long-Term Debt	1,605	2,175	2,983	2,359	1,782
Current Portion of Leases	809	763	759	714	703
Unearned Revenue	12,033	11,408	10,952	11,594	8,938
Total Current Liabilities	27,624	26,670	26,418	25,940	20,966
Long-Term Debt	12,507	14,019	17,071	20,671	25,138
Long-Term Leases	5,353	5,814	6,468	6,866	7,056
Other Long-Term Liabilities	14,980	13,576	12,582	12,229	15,412
Total Long-Term Liabilities	32,840	33,409	36,121	39,766	47,606
Total Liabilities	60,464	60,079	62,539	65,706	68,572
Treasury Stock	-238	-251	-341	-313	-282
Additional Paid-in Capital	11,883	11,740	11,641	11,526	11,447
Accumulated Other Comprehensive Income	-4,135	-4,979	-5,845	-5,801	-7,130
Retained Earnings	13,343	8,783	5,650	1,170	-148
Shareholders' Equity	20,853	15,293	11,105	6,582	3,887
Total Liabilities & Equity	81,317	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
Book Value	20,853	15,293	11,105	6,582	3,887
Book Value Per Share	31.89	23.60	17.27	10.27	6.06
Tangible Book Value	5,134	-435	-4,631	-9,163	-11,867
Tangible Book Value Per Share	7.85	-0.67	-7.20	-14.29	-18.51

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.