Originally Posted by mesabah

oh no, you shouldn't feel upset over that number. Delta does not have $45 billion in debt, it has $7.4 billion in debt. Although, $15 billion of that is pension debt, but that's another issue. Liabilities are the cost of doing business paid for by revenue, or the delivery of a service. In other words, if i buy a ticket from you for say october of this year, it becomes a liability till you fly me to where i'm going. There is a breakdown of just what it all is in the sec filings. The key number is the $7.4 billion because that must be paid.