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financial statements for southwest airlines |
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Re: financial statements for southwest airlines
The Condensed Consolidated Balance Sheet 2016 of Southwest Airlines Co is as follows: (In millions) (Unaudited) December 31, December 31, 2015 2016 ASSETS Current assets: Cash and cash equivalents $ 1,583 $ 1,680 Short-term investments 1,468 1,625 Accounts and other receivables 474 546 Inventories of parts and supplies, at cost 311 337 Prepaid expenses and other current assets 188 310 Total current assets 4,024 4,498 Property and equipment, at cost: Flight equipment 19,462 20,275 Ground property and equipment 3,219 3,779 Deposits on flight equipment purchase contracts 1,089 1,190 Assets constructed for others 915 1,220 24,685 26,464 Less allowance for depreciation and amortization 9,084 9,420 15,601 17,044 Goodwill 970 970 Other assets 717 774 $ 21,312 $ 23,286 Condensed Consolidated Balance Sheet 2016 of Southwest Airlines Co |
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