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According to the company 10K annual report, how does Delta Airlines available-for-sale investments reported and how...

According to the company 10K annual report, how does Delta Airlines available-for-sale investments reported and how are the airline's trading investments reported? (reference required to support the answer)

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Answer #1

Delta Airlines’ available for sale securities are classified as (i) cash and cash equivalents and short-term investments - It includes those available for sale securities that have maturities in excess of three months but less than one year. (ii) Long term investments – It includes available for sale investments like the company’s investment in Aeromexico and its investment in GOL.

Delta Airlines does not have any trading investments and only has available-for-sale investments and held-to-maturity investments.

Reference: Delta Air Lines, Inc. 2016 Annual Report. Retrieved form http://d18rn0p25nwr6d.cloudfront.net/CIK-0000027904/96460059-638a-4067-b1a7-e173fdf49a38.pdf

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