For the year ending 2025-12-31, UAL has $76,448M in assets. $5,942M in cash and cash equivalents.
| Balance Sheets | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | 5,942 | 8,769 | 6,058 | 7,166 |
| Short-term investments | 6,298 | 5,706 | 8,330 | 9,248 |
| Restricted cash | - | - | 31 | 45 |
| Receivables, net | 2,391 | 2,163 | 1,898 | 1,801 |
| Aircraft fuel, spare parts and supplies, net | 1,556 | 1,572 | 1,561 | 1,109 |
| Prepaid expenses and other | 671 | 673 | 609 | 689 |
| Total current assets | 16,857 | 18,883 | 18,487 | 20,058 |
| Flight equipment | - | - | 48,448 | 42,775 |
| Other property and equipment | - | - | 10,527 | 9,334 |
| Purchase deposits for flight equipment | - | - | 3,550 | 2,820 |
| Total operating property and equipment | - | - | 62,525 | 54,929 |
| Lessaccumulated depreciation and amortization | - | - | 22,710 | 20,481 |
| Total operating property and equipment, net | - | - | 39,815 | 34,448 |
| Operating property and equipment, net | 46,121 | 42,908 | - | - |
| Operating lease right-of-use assets | 4,958 | 3,815 | 3,914 | 3,889 |
| Goodwill | 4,527 | 4,527 | 4,527 | 4,527 |
| Intangible assets, net | 2,655 | 2,683 | 2,725 | 2,762 |
| Restricted cash | - | - | 245 | 210 |
| Deferred income taxes | - | - | 0 | 91 |
| Investments in affiliates and other, less allowance for credit losses (202338 202221) | - | - | 1,391 | 1,373 |
| Investments in affiliates and other, net | 1,330 | 1,267 | - | - |
| Total other assets | - | - | 8,888 | 8,963 |
| Total noncurrent assets | 59,591 | 55,200 | - | - |
| Total assets | 76,448 | 74,083 | 71,104 | 67,358 |
| Accounts payable | 4,567 | 4,193 | 3,835 | 3,395 |
| Accrued salaries and benefits | 3,900 | 3,289 | 2,940 | 1,971 |
| Advance ticket sales | 8,131 | 7,561 | 6,704 | 7,555 |
| Frequent flyer deferred revenue | 3,721 | 3,403 | 3,095 | 2,693 |
| Current maturities of long-term debt | - | - | 4,018 | 2,911 |
| Current maturities of other financial liabilities | - | - | 57 | 23 |
| Current maturities of long-term debt, finance leases, and other financial liabilities | 4,426 | 3,453 | - | - |
| Current maturities of operating leases | 631 | 467 | 576 | 561 |
| Current maturities of finance leases | - | - | 172 | 104 |
| Other | 757 | 948 | 806 | 779 |
| Total current liabilities | 26,133 | 23,314 | 22,203 | 19,992 |
| Long-term debt | - | - | 25,057 | 28,283 |
| Long-term debt, finance leases, and other financial liabilities | 20,562 | 25,203 | - | - |
| Long-term obligations under operating leases | 5,417 | 4,510 | 4,503 | 4,459 |
| Long-term obligations under finance leases | - | - | 91 | 115 |
| Frequent flyer deferred revenue | 4,056 | 4,038 | 4,048 | 3,982 |
| Pension liability | - | - | 968 | 747 |
| Postretirement benefit liability | - | - | 637 | 671 |
| Pension and postretirement benefit liability | 1,058 | 1,233 | - | - |
| Deferred income taxes | 2,463 | 1,580 | 594 | - |
| Other financial liabilities | - | - | 2,265 | 844 |
| Other | 1,478 | 1,530 | 1,414 | 1,369 |
| Total other liabilities and deferred credits | - | - | 9,926 | 7,613 |
| Total noncurrent liabilities | 35,033 | 38,094 | - | - |
| Preferred stock | 0 | 0 | 0 | 0 |
| Common stock at par, 0.01 par value authorized 1,000,000,000 shares outstanding 323,470,682 and 327,899,771 shares at december 31, 2025 and 2024, respectively | 4 | 4 | 4 | 4 |
| Additional capital invested | 8,911 | 8,980 | 8,992 | 8,986 |
| Stock held in treasury, at cost | 3,773 | 3,377 | 3,441 | 3,534 |
| Retained earnings | 10,092 | 6,880 | 3,831 | 1,265 |
| Accumulated other comprehensive income | 48 | 188 | -62 | 175 |
| Total stockholders' equity | 15,282 | 12,675 | 9,324 | 6,896 |
| Total liabilities and stockholders' equity | 76,448 | 74,083 | 71,104 | 67,358 |
United Airlines Holdings, Inc. (UAL)
United Airlines Holdings, Inc. (UAL)