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Delta Air Lines Balance Sheet Statement

Assets, liabilities, and shareholders' equity

Delta Air Lines holds $84.4B in total assets. Shareholders' equity is $20.4B against $19.4B in total debt. Cash and equivalents total $5.2B. The current ratio is 0.418 and debt-to-equity is 0.951. Based on the Q1 2026 filing.

Total Assets$84.4BTotal Stockholders Equity$20.4BLong Term Debt$10.6BCash And Equivalents$5.2BTotal Current Assets$13.7BTotal Current Liabilities$32.7B
Latest FilingQ1 2026
Report Date2026-04-08
Market Cap$54.6B
P/E Ratio12.19
ROE25.0%

Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accounts payable$4.7B$4.8B$5.1B$5B$5.2B$6B
Accrued expenses$4.8B$3.3B$3.8B$4.4B$4.9B$3.6B
Accrued Manufacturing Costs$4.8B$3.3B$3.8B$4.4B$4.9B$3.6B
Compensation and benefits$4.8B$3.3B$3.8B$4.4B$4.9B$3.6B
Current portion of long-term debt$1.8B$2.6B$2B$1.9B$1.4B$2.6B
Current Portion of Long-Term Debt and Finance Lease Obligations$2.2B$2.9B$2.2B$2.1B$1.6B$3.1B
Finance Lease Liability, Current$374M———$233M—
Operating lease liabilities, current$763M$752M$745M$743M$809M$837M
Total current liabilities$26.7B$29.7B$28.6B$28.2B$27.6B$32.7B

Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accounts receivable, net$3.2B$3.7B$3.8B$3.6B$2.9B$4.1B
Allowance for Doubtful Accounts$18M$18M$17M$16M$13M$13M
Allowance for Doubtful Accounts Receivable (Current)$18M$18M$17M$16M$13M$13M
Cash and cash equivalents$3.4B$3.9B$3.5B$4B$4.5B$5.2B
Fuel, expendable parts and supplies inventories, net of allowance for obsolescence of $132 and $124$1.4B$1.5B$1.5B$1.5B$1.6B$1.8B
Prepaid expenses and other current assets$2.1B$2.4B$2.4B$2.3B$2.2B$2.8B
Restricted cash—$89M$96M$97M—$144M
Total current assets$9.8B$11.2B$11B$11.2B$11B$13.7B

Equity

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Additional paid-in capital$11.7B$11.7B$11.7B$11.8B$11.9B$11.9B
Accumulated other comprehensive income (loss)-$5B-$4.9B-$4.9B-$4.9B-$4.1B-$4.1B
Common stock01.5B1.5B1.5B1.5B1.5B
Common Stock Par Value Per Share$0.00$0.00$0.00$0.00$0.00$0.00
Common Stock Shares Issued654.6M659.5M659.5M659.4M659.7M665.7M
Additional paid-in capital$11.7B$11.7B$11.7B$11.8B$11.9B$11.9B
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively$0$0$0$0$0$0
Retained earnings$8.8B$8.9B$10.8B$12.1B$13.3B$12.9B
Total liabilities and stockholders' equity$75.4B$77.3B$78.4B$79.6B$81.3B$84.4B
Total stockholders' equity$15.3B$15.4B$17.4B$18.8B$20.9B$20.4B
Treasury stock$251M$238M$238M$237M$238M$393M

Non-Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Debt - Unamortized Discount (Premium) and Issuance Costs, Net$26M$16M$5M-$1M-$6M-$11M
Defined Benefit Pension Plan Liabilities (Non-Current)$3.1B$3.1B$3.1B$3.1B$3.2B$3.1B
Finance lease liabilities$473M———$572M—
Finance Lease Liabilities (Total)$847M———$805M—
Long-term debt$13.5B$12.4B$12.4B$12.3B$11.9B$10.6B
Long-Term Debt and Finance Lease Obligations$14B$12.9B$12.8B$12.8B$12.5B$11.1B
Retirement and nonpension postretirement benefit obligations$3.1B$3.1B$3.1B$3.1B$3.2B$3.1B
Operating lease liabilities, non-current$5.8B$5.7B$5.5B$5.4B$5.4B$5.3B
Operating Lease Liabilities (Total)$6.6B———$6.2B—
Other non-current liabilities$3.7B$3.7B$3.8B$3.9B$4B$3.9B
Total Carrying Value of Debt$15.4B$15.1B$14.4B$14.2B$13.3B$13.2B
Total noncurrent liabilities$33.4B$32.2B$32.4B$32.6B$32.8B$31.4B

Non-Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Deferred tax assets$2.2B$2.2B$2.6B$3B$3.4B$3.5B
Deferred Tax Assets and Other Non-Current Assets$2.7B$2.8B$2.9B$3.2B$4.4B$4.5B
Goodwill$9.8B$9.8B$9.8B$9.8B$9.8B$9.8B
Intangible assets, net$6B$6B$6B$6B$6B$6B
Net Investment in Lease$6.6B$6.5B$6.3B$6.2B$6.2B$6.3B
Equity investments$2.8B$2.8B$3.6B$3.9B$4.2B$3.7B
Other intangible assets—net$6B$6B$6B$6B$6B$6B
Operating lease right-of-use assets$6.6B$6.5B$6.3B$6.2B$6.2B$6.3B
Other non-current assets$2.7B$2.8B$2.9B$3.2B$4.4B$4.5B
Property, plant and equipment, net$37.6B$38.2B$38.9B$39.4B$39.7B$40.6B
Operating lease right-of-use assets$6.6B$6.5B$6.3B$6.2B$6.2B$6.3B
Operating Lease Right-of-Use Assets in Other Assets$6.6B$6.5B$6.3B$6.2B$6.2B$6.3B
Other non-current assets$2.7B$2.8B$2.9B$3.2B$4.4B$4.5B
Accumulated depreciation$23.2B$23.7B$23.8B$24.3B$24.7B$25.4B
Property and equipment, net$37.6B$38.2B$38.9B$39.4B$39.7B$40.6B
Software and Technology Licenses, Net$2.7B$2.8B$2.9B$3.2B$4.4B$4.5B
Total assets$75.4B$77.3B$78.4B$79.6B$81.3B$84.4B
Total noncurrent assets$65.5B$66.1B$67.4B$68.4B$70.3B$70.8B

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Allowance for obsolescence$120M$128M$112M$118M$124M$132M
Allowance for doubtful accounts$18M$18M$17M$16M$13M$13M
Common stock, par value (in dollars per share)$0$0$0$0$0$0
Common stock, shares authorized (in shares)$1.5B$1.5B$1.5B$1.5B$1.5B$1.5B
Common stock, shares issued (in shares)$654.6M$659.5M$659.5M$659.4M$659.7M$665.7M
Long-term debt, gross$15.4B$15.1B$14.4B$14.2B$13.3B$13.2B
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net$26M$16M$5M-$1M-$6M-$11M
Deferred income taxes$2.2B$2.2B$2.6B$3B$3.4B$3.5B
Current maturities of long-term debt$374M———$233M—
Finite-Lived Intangible Assets, Accumulated Amortization$919M$922M$924M$926M$928M$930M
Long-Term Debt and Lease Obligation$14B$12.9B$12.8B$12.8B$12.5B$11.1B
Less: current maturities$2.2B$2.9B$2.2B$2.1B$1.6B$3.1B
Fair value of long-term debt$15.3B$15.1B$14.3B$14.2B$13.4B$13.2B
Other accrued liabilities$1.8B$2.3B$2.2B$2B$1.9B$2.3B
COVID-19 Electricity Relief Program Loan$1.1B$1.1B$1.1B$1.1B$1.1B$1.1B
Treasury stock, shares (in shares)$8.1M$6.5M$6.5M$6.5M$6.5M$8.7M
Unrecorded Unconditional Purchase Obligation—$17.6B$16.8B$16B—$28.5B
Unrecorded Unconditional Purchase Obligation—$17.6B$16.8B$16B—$28.5B