jetBlue Results Presentation Deck slide image

jetBlue Results Presentation Deck

jetBlue Adjusted Net Debt Adjusted net debt is a non-GAAP financial measure which we believe is helpful to investors in assessing our overall debt profile. We reduce our adjusted debt by cash, cash equivalents, and short-term investments resulting in adjusted net debt, to present the amount of assets needed to satisfy our debt obligations. Long-term debt and finance leases Current maturities of long-term debt and finance leases Operating lease liabilities - aircraft Adjusted Debt Cash and cash equivalents Short-term investments Total Liquidity NON-GAAP FINANCIAL MEASURE ADJUSTED NET DEBT (in millions) (unaudited) Adjusted Net Debt September 30, 2021 3,760 391 265 4,416 $ 2,193 1,100 3,293 1,123 $ $ June 30, 2021 3,998 432 239 4,669 2,409 1,317 3,726 943 December 31, 2019 1,990 344 183 2,517 959 369 1,328 1,189 26
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