Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Supplemental guarantor financial information (Condensed consolidated statements of cash flows - AGAT/AICDC Notes) (Details)

v3.19.3.a.u2
Supplemental guarantor financial information (Condensed consolidated statements of cash flows - AGAT/AICDC Notes) (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Condensed Cash Flow Statements, Captions [Line Items]      
Net income (loss) $ 1,166,777 $ 1,017,497 $ 1,080,353
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 1,676,121 1,679,074 1,727,296
Asset impairment 70,149 44,186 61,286
Amortization of debt issuance costs, debt discount, debt premium and lease premium 79,645 76,499 79,052
Amortization of fair value adjustments on debt (79,098) (142,596) (194,728)
Maintenance rights write-off [1] 244,748 287,119 539,772
Maintenance liability release to income (207,849) (228,081) (302,408)
Net gain on sale of assets (188,835) (201,323) (229,093)
Deferred income taxes 162,498 147,588 157,021
Collections of finance and sales-type leases 98,365    
Other 165,527 155,628 156,946
Net cash provided by operating activities 3,105,682 2,840,372 3,140,217
Purchase of flight equipment (3,359,092) (4,036,194) (3,956,671)
Proceeds from sale or disposal of assets 1,773,766 1,822,601 1,779,321
Prepayments on flight equipment (1,369,400) (1,912,215) (1,268,585)
Collections of finance and sales-type leases 0 94,703 91,918
Other (17) (21,505) (38,102)
Net cash used in investing activities (2,954,743) (4,052,610) (3,392,119)
Issuance of debt 6,539,310 5,589,825 5,596,402
Repayment of debt (6,504,830) (4,360,520) (4,695,453)
Debt issuance costs paid, net of debt premium received (36,592) (57,831) (81,396)
Maintenance payments received 736,423 743,256 756,314
Maintenance payments returned (352,032) (459,326) (523,403)
Security deposits received 232,219 208,259 187,378
Security deposits returned (233,222) (220,452) (188,362)
Repurchase of shares and tax withholdings on share-based compensation (639,941) (834,398) (1,138,782)
Net cash (used in) provided by financing activities (265,006) 600,410 (87,568)
Net decrease in cash, cash equivalents and restricted cash (114,067) (611,828) (339,470)
Effect of exchange rate changes (621) 2,738 (1,032)
Cash, cash equivalents and restricted cash at beginning of period 1,415,035 2,024,125 2,364,627
Cash, cash equivalents and restricted cash at end of period 1,300,347 1,415,035 2,024,125
AerCap Trust & AICDC Notes      
Condensed Cash Flow Statements, Captions [Line Items]      
Net income (loss) 1,167,000 1,017,000 1,080,000
Adjustments to reconcile net income to net cash provided by operating activities:      
(Income) loss from subsidiaries 0 0 0
Depreciation and amortization 1,676,000 1,679,000 1,727,000
Asset impairment 70,000 44,000 61,000
Amortization of debt issuance costs, debt discount, debt premium and lease premium 80,000 76,000 79,000
Amortization of fair value adjustments on debt (79,000) (143,000) (195,000)
Maintenance rights write-off 245,000 287,000 540,000
Maintenance liability release to income (208,000) (228,000) (302,000)
Net gain on sale of assets (189,000) (201,000) (229,000)
Deferred income taxes 162,000 148,000 157,000
Collections of finance and sales-type leases 98,000    
Restructuring related expenses     5,000
Other 166,000 156,000 152,000
Cash flow from operating activities before changes in working capital 3,188,000 2,835,000 3,075,000
Working capital (82,000) 5,000 65,000
Net cash provided by operating activities 3,106,000 2,840,000 3,140,000
Purchase of flight equipment (3,359,000) (4,036,000) (3,957,000)
Proceeds from sale or disposal of assets 1,773,000 1,823,000 1,779,000
Prepayments on flight equipment (1,369,000) (1,913,000) (1,268,000)
Collections of finance and sales-type leases   95,000 92,000
Other 0 (22,000) (38,000)
Net cash used in investing activities (2,955,000) (4,053,000) (3,392,000)
Issuance of debt 6,539,000 5,590,000 5,596,000
Repayment of debt (6,504,000) (4,361,000) (4,695,000)
Debt issuance costs paid, net of debt premium received (37,000) (58,000) (81,000)
Maintenance payments received 736,000 743,000 756,000
Maintenance payments returned (352,000) (459,000) (523,000)
Security deposits received 232,000 208,000 186,000
Security deposits returned (233,000) (221,000) (188,000)
Dividend paid to non-controlling interest holders (6,000) (8,000)  
Repurchase of shares and tax withholdings on share-based compensation (640,000) (834,000) (1,139,000)
Net cash (used in) provided by financing activities (265,000) 600,000 (88,000)
Net decrease in cash, cash equivalents and restricted cash (114,000) (613,000) (340,000)
Effect of exchange rate changes (1,000) 4,000  
Cash, cash equivalents and restricted cash at beginning of period 1,415,000 2,024,000 2,364,000
Cash, cash equivalents and restricted cash at end of period 1,300,000 1,415,000 2,024,000
Reportable Legal Entities | AerCap Global Aviation Trust (a) | AerCap Trust & AICDC Notes      
Condensed Cash Flow Statements, Captions [Line Items]      
Net income (loss) 542,000 724,000 775,000
Adjustments to reconcile net income to net cash provided by operating activities:      
(Income) loss from subsidiaries (68,000) (256,000) (167,000)
Depreciation and amortization 452,000 563,000 630,000
Asset impairment 19,000 4,000 9,000
Amortization of debt issuance costs, debt discount, debt premium and lease premium 18,000 20,000 18,000
Amortization of fair value adjustments on debt (78,000) (142,000) (192,000)
Maintenance rights write-off 132,000 118,000 282,000
Maintenance liability release to income (91,000) (59,000) (100,000)
Net gain on sale of assets (70,000) (53,000) (113,000)
Deferred income taxes 70,000 65,000 87,000
Collections of finance and sales-type leases 41,000    
Restructuring related expenses     0
Other 24,000 0 25,000
Cash flow from operating activities before changes in working capital 991,000 984,000 1,254,000
Working capital (50,000) (228,000) (163,000)
Net cash provided by operating activities 941,000 756,000 1,091,000
Purchase of flight equipment (1,035,000) (1,228,000) (1,685,000)
Proceeds from sale or disposal of assets 587,000 759,000 893,000
Prepayments on flight equipment (560,000) (610,000) (936,000)
Collections of finance and sales-type leases   36,000 49,000
Other 0 0 (36,000)
Net cash used in investing activities (1,008,000) (1,043,000) (1,715,000)
Issuance of debt 2,866,000 2,383,000 2,431,000
Repayment of debt (3,102,000) (2,046,000) (2,400,000)
Debt issuance costs paid, net of debt premium received (3,000) (21,000) (28,000)
Maintenance payments received 215,000 245,000 251,000
Maintenance payments returned (89,000) (161,000) (216,000)
Security deposits received 100,000 63,000 58,000
Security deposits returned (84,000) (80,000) (79,000)
Dividend paid to non-controlling interest holders 0 0  
Repurchase of shares and tax withholdings on share-based compensation 0 0 0
Net cash (used in) provided by financing activities (97,000) 383,000 17,000
Net decrease in cash, cash equivalents and restricted cash (164,000) 96,000 (607,000)
Effect of exchange rate changes 0 0  
Cash, cash equivalents and restricted cash at beginning of period 318,000 222,000 829,000
Cash, cash equivalents and restricted cash at end of period 154,000 318,000 222,000
Reportable Legal Entities | AerCap Ireland Capital Designated Activity Company (a) | AerCap Trust & AICDC Notes      
Condensed Cash Flow Statements, Captions [Line Items]      
Net income (loss) 348,000 579,000 623,000
Adjustments to reconcile net income to net cash provided by operating activities:      
(Income) loss from subsidiaries (542,000) (724,000) (774,000)
Depreciation and amortization 0 0 0
Asset impairment 0 0 0
Amortization of debt issuance costs, debt discount, debt premium and lease premium 5,000 5,000 5,000
Amortization of fair value adjustments on debt 0 0 0
Maintenance rights write-off 0 0 0
Maintenance liability release to income 0 0 0
Net gain on sale of assets 0 0 0
Deferred income taxes (27,000) (21,000) (19,000)
Collections of finance and sales-type leases 0    
Restructuring related expenses     0
Other 0 0 0
Cash flow from operating activities before changes in working capital (216,000) (161,000) (165,000)
Working capital (470,000) (255,000) (272,000)
Net cash provided by operating activities (686,000) (416,000) (437,000)
Purchase of flight equipment 0 0 0
Proceeds from sale or disposal of assets 0 0 0
Prepayments on flight equipment 0 0 0
Collections of finance and sales-type leases   0 0
Other 0 0 0
Net cash used in investing activities 0 0 0
Issuance of debt 698,000 510,000 400,000
Repayment of debt 0 (100,000) 0
Debt issuance costs paid, net of debt premium received (9,000) (2,000) (13,000)
Maintenance payments received 0 0 0
Maintenance payments returned 0 0 0
Security deposits received 1,000 0 0
Security deposits returned 0 0 0
Dividend paid to non-controlling interest holders 0 0  
Repurchase of shares and tax withholdings on share-based compensation 0 0 0
Net cash (used in) provided by financing activities 690,000 408,000 387,000
Net decrease in cash, cash equivalents and restricted cash 4,000 (8,000) (50,000)
Effect of exchange rate changes 0 0  
Cash, cash equivalents and restricted cash at beginning of period 6,000 14,000 64,000
Cash, cash equivalents and restricted cash at end of period 10,000 6,000 14,000
Reportable Legal Entities | AerCap Holdings N.V. | AerCap Trust & AICDC Notes      
Condensed Cash Flow Statements, Captions [Line Items]      
Net income (loss) 1,146,000 1,016,000 1,076,000
Adjustments to reconcile net income to net cash provided by operating activities:      
(Income) loss from subsidiaries (1,149,000) (1,031,000) (1,118,000)
Depreciation and amortization 0 0 0
Asset impairment 0 0 0
Amortization of debt issuance costs, debt discount, debt premium and lease premium 0 0 0
Amortization of fair value adjustments on debt 0 0 0
Maintenance rights write-off 0 0 0
Maintenance liability release to income 0 0 0
Net gain on sale of assets 0 0 0
Deferred income taxes (1,000) (2,000) (7,000)
Collections of finance and sales-type leases 0    
Restructuring related expenses     0
Other 33,000 52,000 62,000
Cash flow from operating activities before changes in working capital 29,000 35,000 13,000
Working capital (129,000) 781,000 1,143,000
Net cash provided by operating activities (100,000) 816,000 1,156,000
Purchase of flight equipment 0 0 0
Proceeds from sale or disposal of assets 0 0 0
Prepayments on flight equipment 0 0 0
Collections of finance and sales-type leases   0 0
Other 0 0 0
Net cash used in investing activities 0 0 0
Issuance of debt 750,000 0 0
Repayment of debt 0 0 0
Debt issuance costs paid, net of debt premium received (10,000) 0 0
Maintenance payments received 0 0 0
Maintenance payments returned 0 0 0
Security deposits received 0 0 0
Security deposits returned 0 0 0
Dividend paid to non-controlling interest holders 0 0  
Repurchase of shares and tax withholdings on share-based compensation (640,000) (834,000) (1,139,000)
Net cash (used in) provided by financing activities 100,000 (834,000) (1,139,000)
Net decrease in cash, cash equivalents and restricted cash 0 (18,000) 17,000
Effect of exchange rate changes 0 0  
Cash, cash equivalents and restricted cash at beginning of period 3,000 21,000 4,000
Cash, cash equivalents and restricted cash at end of period 3,000 3,000 21,000
Reportable Legal Entities | Guarantors | AerCap Trust & AICDC Notes      
Condensed Cash Flow Statements, Captions [Line Items]      
Net income (loss) 1,238,000 1,046,000 944,000
Adjustments to reconcile net income to net cash provided by operating activities:      
(Income) loss from subsidiaries (996,000) (692,000) (831,000)
Depreciation and amortization 182,000 130,000 87,000
Asset impairment 15,000 9,000 3,000
Amortization of debt issuance costs, debt discount, debt premium and lease premium 0 2,000 5,000
Amortization of fair value adjustments on debt 0 0 0
Maintenance rights write-off 37,000 18,000 13,000
Maintenance liability release to income (40,000) (33,000) (23,000)
Net gain on sale of assets (11,000) (18,000) (20,000)
Deferred income taxes 39,000 54,000 35,000
Collections of finance and sales-type leases 24,000    
Restructuring related expenses     0
Other 35,000 56,000 46,000
Cash flow from operating activities before changes in working capital 523,000 572,000 259,000
Working capital (198,000) (231,000) 693,000
Net cash provided by operating activities 325,000 341,000 952,000
Purchase of flight equipment (584,000) (1,217,000) (549,000)
Proceeds from sale or disposal of assets 268,000 245,000 137,000
Prepayments on flight equipment (1,000) 0 0
Collections of finance and sales-type leases   20,000 33,000
Other 0 0 0
Net cash used in investing activities (317,000) (952,000) (379,000)
Issuance of debt 4,000 36,000 0
Repayment of debt (8,000) (17,000) (317,000)
Debt issuance costs paid, net of debt premium received 0 (1,000) (3,000)
Maintenance payments received 104,000 86,000 65,000
Maintenance payments returned (45,000) (15,000) (40,000)
Security deposits received 56,000 58,000 30,000
Security deposits returned (32,000) (39,000) (11,000)
Dividend paid to non-controlling interest holders 0 0  
Repurchase of shares and tax withholdings on share-based compensation 0 0 0
Net cash (used in) provided by financing activities 79,000 108,000 (276,000)
Net decrease in cash, cash equivalents and restricted cash 87,000 (503,000) 297,000
Effect of exchange rate changes (1,000) 4,000  
Cash, cash equivalents and restricted cash at beginning of period 738,000 1,237,000 940,000
Cash, cash equivalents and restricted cash at end of period 824,000 738,000 1,237,000
Reportable Legal Entities | Non- Guarantors | AerCap Trust & AICDC Notes      
Condensed Cash Flow Statements, Captions [Line Items]      
Net income (loss) (264,000) (363,000) (349,000)
Adjustments to reconcile net income to net cash provided by operating activities:      
(Income) loss from subsidiaries 912,000 718,000 901,000
Depreciation and amortization 1,042,000 986,000 1,010,000
Asset impairment 36,000 31,000 49,000
Amortization of debt issuance costs, debt discount, debt premium and lease premium 57,000 49,000 51,000
Amortization of fair value adjustments on debt (1,000) (1,000) (3,000)
Maintenance rights write-off 76,000 151,000 245,000
Maintenance liability release to income (77,000) (136,000) (179,000)
Net gain on sale of assets (108,000) (130,000) (96,000)
Deferred income taxes 81,000 52,000 61,000
Collections of finance and sales-type leases 33,000    
Restructuring related expenses     5,000
Other 74,000 48,000 19,000
Cash flow from operating activities before changes in working capital 1,861,000 1,405,000 1,714,000
Working capital 765,000 (62,000) (1,336,000)
Net cash provided by operating activities 2,626,000 1,343,000 378,000
Purchase of flight equipment (1,740,000) (1,591,000) (1,723,000)
Proceeds from sale or disposal of assets 918,000 819,000 749,000
Prepayments on flight equipment (808,000) (1,303,000) (332,000)
Collections of finance and sales-type leases   39,000 10,000
Other 0 (22,000) (2,000)
Net cash used in investing activities (1,630,000) (2,058,000) (1,298,000)
Issuance of debt 2,221,000 2,661,000 2,765,000
Repayment of debt (3,394,000) (2,198,000) (1,978,000)
Debt issuance costs paid, net of debt premium received (15,000) (34,000) (37,000)
Maintenance payments received 417,000 412,000 440,000
Maintenance payments returned (218,000) (283,000) (267,000)
Security deposits received 75,000 87,000 98,000
Security deposits returned (117,000) (102,000) (98,000)
Dividend paid to non-controlling interest holders (6,000) (8,000)  
Repurchase of shares and tax withholdings on share-based compensation 0 0 0
Net cash (used in) provided by financing activities (1,037,000) 535,000 923,000
Net decrease in cash, cash equivalents and restricted cash (41,000) (180,000) 3,000
Effect of exchange rate changes 0 0  
Cash, cash equivalents and restricted cash at beginning of period 350,000 530,000 527,000
Cash, cash equivalents and restricted cash at end of period 309,000 350,000 530,000
Eliminations | AerCap Trust & AICDC Notes      
Condensed Cash Flow Statements, Captions [Line Items]      
Net income (loss) (1,843,000) (1,985,000) (1,989,000)
Adjustments to reconcile net income to net cash provided by operating activities:      
(Income) loss from subsidiaries 1,843,000 1,985,000 1,989,000
Depreciation and amortization 0 0 0
Asset impairment 0 0 0
Amortization of debt issuance costs, debt discount, debt premium and lease premium 0 0 0
Amortization of fair value adjustments on debt 0 0 0
Maintenance rights write-off 0 0 0
Maintenance liability release to income 0 0 0
Net gain on sale of assets 0 0 0
Deferred income taxes 0 0 0
Collections of finance and sales-type leases 0    
Restructuring related expenses     0
Other 0 0 0
Cash flow from operating activities before changes in working capital 0 0 0
Working capital 0 0 0
Net cash provided by operating activities 0 0 0
Purchase of flight equipment 0 0 0
Proceeds from sale or disposal of assets 0 0 0
Prepayments on flight equipment 0 0 0
Collections of finance and sales-type leases   0 0
Other 0 0 0
Net cash used in investing activities 0 0 0
Issuance of debt 0 0 0
Repayment of debt 0 0 0
Debt issuance costs paid, net of debt premium received 0 0 0
Maintenance payments received 0 0 0
Maintenance payments returned 0 0 0
Security deposits received 0 0 0
Security deposits returned 0 0 0
Dividend paid to non-controlling interest holders 0 0  
Repurchase of shares and tax withholdings on share-based compensation 0 0 0
Net cash (used in) provided by financing activities 0 0 0
Net decrease in cash, cash equivalents and restricted cash 0 0 0
Effect of exchange rate changes 0 0  
Cash, cash equivalents and restricted cash at beginning of period 0 0 0
Cash, cash equivalents and restricted cash at end of period $ 0 $ 0 $ 0
[1]
Maintenance rights write-off consisted of the following:
EOL and MR contract maintenance rights expense
$
76,611

 
$
157,792

 
$
355,845

MR contract maintenance rights write-off due to maintenance liability release
19,848

 
29,656

 
77,494

EOL contract maintenance rights write-off due to cash receipt
148,289

 
99,671

 
106,433

Maintenance rights write-off
$
244,748

 
$
287,119

 
$
539,772