| Balance Sheets | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 |
|---|---|---|---|---|
| Cash and cash equivalents | 6,730 | 9,354 | 9,370 | 8,812 |
| Short-term investments | 6,599 | 6,262 | 5,960 | 5,352 |
| Restricted cash | - | - | - | 36 |
| Receivables, net | 2,433 | 2,286 | 2,288 | 2,042 |
| Aircraft fuel, spare parts and supplies, net | 1,588 | 1,547 | 1,601 | 1,639 |
| Prepaid expenses and other | 744 | 809 | 928 | 690 |
| Total current assets | 18,094 | 20,258 | 20,148 | 18,571 |
| Flight equipment | - | - | - | 50,933 |
| Other property and equipment | - | - | - | 11,865 |
| Purchase deposits for flight equipment | - | - | - | 3,414 |
| Total operating property and equipment | - | - | - | 66,212 |
| Less accumulated depreciation and amortization | - | - | - | 24,532 |
| Total operating property and equipment, net | - | - | - | 41,680 |
| Operating property and equipment, net | 44,968 | 43,896 | 43,430 | - |
| Operating lease right-of-use assets | 4,821 | 4,517 | 4,092 | 3,782 |
| Goodwill | 4,527 | 4,527 | 4,527 | 4,527 |
| Intangible assets, net | 2,662 | 2,669 | 2,676 | 2,691 |
| Restricted cash | - | - | - | 180 |
| Investments in affiliates and other, net | 1,242 | 1,295 | 1,239 | 1,209 |
| Total other assets | - | - | - | 8,607 |
| Total noncurrent assets | 58,219 | 56,904 | 55,963 | - |
| Total assets | 76,313 | 77,163 | 76,111 | 72,640 |
| Accounts payable | 4,636 | 4,920 | 4,694 | 4,008 |
| Accrued salaries and benefits | 3,555 | 3,211 | 2,394 | 2,802 |
| Advance ticket sales | 9,338 | 9,664 | 10,477 | 8,477 |
| Frequent flyer deferred revenue | 3,642 | 3,552 | 3,473 | 3,314 |
| Current maturities of long-term debt | - | - | - | 3,279 |
| Current maturities of long-term debt, finance leases, and other financial liabilities | 4,621 | 6,194 | 3,265 | - |
| Current maturities of operating leases | 563 | 541 | 506 | 491 |
| Current maturities of finance leases | - | - | - | 87 |
| Current maturities of other financial liabilities | - | - | - | 69 |
| Other | 763 | 910 | 990 | 838 |
| Total current liabilities | 27,119 | 28,992 | 25,798 | 23,365 |
| Long-term debt | - | - | - | 22,207 |
| Long-term debt, finance leases, and other financial liabilities | 20,807 | 20,885 | 24,398 | - |
| Long-term obligations under operating leases | 5,331 | 5,166 | 4,756 | 4,432 |
| Long-term obligations under finance leases | - | - | - | 89 |
| Frequent flyer deferred revenue | 4,060 | 4,114 | 4,118 | 4,057 |
| Pension liability | - | - | - | 1,030 |
| Postretirement benefit liability | - | - | - | 594 |
| Pension and postretirement benefit liability | 974 | 1,199 | 1,252 | - |
| Deferred income taxes | 2,206 | 1,919 | 1,624 | 1,224 |
| Other financial liabilities | - | - | - | 2,705 |
| Other | 1,508 | 1,515 | 1,549 | 1,500 |
| Total other liabilities and deferred credits | - | - | - | 11,110 |
| Total noncurrent liabilities | 34,886 | 34,798 | 37,697 | - |
| Preferred stock | 0 | 0 | 0 | 0 |
| Common stock at par, 0.01 par value authorized 1,000,000,000 shares outstanding 323,743,462 and 327,899,771 shares at september 30, 2025 and december 31, 2024, respectively | 4 | 4 | 4 | 4 |
| Additional capital invested | 8,878 | 8,855 | 8,813 | 8,945 |
| Stock held in treasury, at cost | 3,745 | 3,737 | 3,502 | 3,299 |
| Retained earnings | 9,049 | 8,110 | 7,137 | 5,896 |
| Accumulated other comprehensive income | 123 | 142 | 164 | -109 |
| Total stockholders' equity | 14,309 | 13,373 | 12,616 | 11,437 |
| Total liabilities and stockholders' equity | 76,313 | 77,163 | 76,111 | 72,640 |
United Airlines Holdings, Inc. (UAL)
United Airlines Holdings, Inc. (UAL)