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/AICL Notes) (Details)

v3.3.1.900
Supplemental Guarantor Financial Information (Condensed Consolidated Statements of Cash Flows) (AGAT/AICL Notes) (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Net income (loss) $ 1,177,172 $ 808,498 $ 295,402
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 1,843,003 1,282,228 337,730
Asset impairment 16,335 21,828 26,155
Amortization of debt issuance costs and debt discount 45,582 86,184 47,442
Amortization of lease premium intangibles 23,042 17,967 8,746
Amortization of fair value adjustments on debt (442,972) (330,924)  
Accretion of fair value adjustments on deposits and maintenance liabilities 76,246 71,806  
Maintenance rights write off [1] 628,643 130,806  
Maintenance liability release to income 243,809 92,296 13,479
Net (gain) loss on sale of assets (183,328) (37,497) (41,873)
Deferred income taxes 110,353 115,859 21,186
Restructuring expenses 49,311    
Other 90,074 102,139 (1,921)
Net cash provided by operating activities 3,360,040 2,313,674 693,261
Purchase of flight equipment (2,772,110) (2,088,444) (1,782,839)
Proceeds from sale or disposal of assets 1,568,235 569,633 664,415
Prepayments on flight equipment (791,546) (458,174) (213,320)
Acquisition of ILFC, net of cash acquired   (195,311)  
Capital contributions to equity investments     (13,180)
Collections of finance and sales-type leases 54,975 40,983 1,617
Movement in restricted cash 297,941 282,523 7,866
Other [2] (73,400)    
Net cash used in investing activities (1,715,905) (1,848,790) (1,335,441)
Issuance of debt 3,913,840 5,411,602 2,299,706
Repayment of debt (4,043,743) (4,826,775) (1,889,194)
Debt issuance costs paid (49,417) (134,963) (45,213)
Maintenance payments received 776,488 561,558 100,708
Maintenance payments returned (558,477) (286,041) (56,909)
Lessee deposit liability 891,454 848,332  
Security deposits received 171,408 107,332 23,364
Security deposits returned (144,445) (98,656) (15,032)
Repurchase of shares and tax withholdings on share-based compensation [3] (793,945)    
Net cash (used in) provided by financing activities (728,291) 734,057 417,430
Net increase (decrease) in cash and cash equivalents 915,844 1,198,941 (224,750)
Effect of exchange rate changes (3,115) (4,086) (137)
Cash and cash equivalents at beginning of period 1,490,369 295,514 520,401
Cash and cash equivalents at end of period 2,403,098 1,490,369 295,514
AGAT/AICL Notes [Member]      
Net income (loss) 1,177,000 808,000 295,000
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 1,843,000 1,282,000 338,000
Asset impairment 16,000 22,000 26,000
Amortization of debt issuance costs and debt discount 46,000 86,000 47,000
Amortization of lease premium intangibles 23,000 18,000 9,000
Amortization of fair value adjustments on debt (443,000) (331,000)  
Accretion of fair value adjustments on deposits and maintenance liabilities 76,000 72,000  
Maintenance rights write off 629,000 131,000  
Maintenance liability release to income (244,000) (92,000) (13,000)
Net (gain) loss on sale of assets (183,000) (38,000) (42,000)
Deferred income taxes 110,000 116,000 21,000
Restructuring expenses 49,000    
Other 90,000 102,000 (3,000)
Cash flow from operating activities before changes in working capital 3,189,000 2,176,000 678,000
Working capital 171,000 138,000 15,000
Net cash provided by operating activities 3,360,000 2,314,000 693,000
Purchase of flight equipment (2,772,000) (2,090,000) (1,783,000)
Proceeds from sale or disposal of assets 1,568,000 570,000 664,000
Prepayments on flight equipment (792,000) (458,000) (213,000)
Acquisition of ILFC, net of cash acquired   (195,000)  
Capital contributions to equity investments     (13,000)
Collections of finance and sales-type leases 55,000 41,000 3,000
Movement in restricted cash 298,000 282,000 8,000
Other (73,000)    
Net cash used in investing activities (1,716,000) (1,850,000) (1,334,000)
Issuance of debt 3,914,000 5,412,000 2,300,000
Repayment of debt (4,044,000) (4,827,000) (1,890,000)
Debt issuance costs paid (49,000) (135,000) (45,000)
Maintenance payments received 776,000 562,000 101,000
Maintenance payments returned (558,000) (286,000) (57,000)
Security deposits received 171,000 107,000 23,000
Security deposits returned (144,000) (99,000) (15,000)
Repurchase of shares and tax withholdings on share-based compensation (794,000)    
Net cash (used in) provided by financing activities (728,000) 734,000 417,000
Net increase (decrease) in cash and cash equivalents 916,000 1,198,000 (224,000)
Effect of exchange rate changes (3,000) (4,000)  
Cash and cash equivalents at beginning of period 1,490,000 296,000 520,000
Cash and cash equivalents at end of period 2,403,000 1,490,000 296,000
AGAT/AICL Notes [Member] | AerCap Holdings N.V. [Member]      
Net income (loss) 1,179,000 810,000 292,000
Adjustments to reconcile net income to net cash provided by operating activities:      
Income from subsidiaries (1,262,000) (882,000) (315,000)
Amortization of debt issuance costs and debt discount 1,000 3,000 1,000
Deferred income taxes (28,000)    
Other 64,000 43,000 9,000
Cash flow from operating activities before changes in working capital (46,000) (26,000) (13,000)
Working capital 846,000 163,000 (136,000)
Net cash provided by operating activities 800,000 137,000 (149,000)
Proceeds from sale or disposal of assets   21,000  
Net cash used in investing activities   21,000  
Issuance of debt 300,000 75,000 150,000
Repayment of debt (300,000) (225,000)  
Debt issuance costs paid     (2,000)
Repurchase of shares and tax withholdings on share-based compensation (794,000)    
Net cash (used in) provided by financing activities (794,000) (150,000) 148,000
Net increase (decrease) in cash and cash equivalents 6,000 8,000 (1,000)
Effect of exchange rate changes 1,000 (1,000)  
Cash and cash equivalents at beginning of period 7,000   1,000
Cash and cash equivalents at end of period 14,000 7,000  
AGAT/AICL Notes [Member] | AerCap Global Aviation Trust [Member]      
Net income (loss) 1,061,000 682,000  
Adjustments to reconcile net income to net cash provided by operating activities:      
Income from subsidiaries (104,000) (205,000)  
Depreciation and amortization 868,000 501,000  
Asset impairment 3,000 3,000  
Amortization of debt issuance costs and debt discount 10,000 304,000  
Amortization of lease premium intangibles 7,000 5,000  
Amortization of fair value adjustments on debt (435,000) (325,000)  
Accretion of fair value adjustments on deposits and maintenance liabilities 65,000 38,000  
Maintenance rights write off 350,000 68,000  
Maintenance liability release to income (141,000) (24,000)  
Net (gain) loss on sale of assets (168,000) (8,000)  
Deferred income taxes 136,000 56,000  
Other (36,000)    
Cash flow from operating activities before changes in working capital 1,616,000 1,095,000  
Working capital (587,000) 389,000  
Net cash provided by operating activities 1,029,000 1,484,000  
Purchase of flight equipment (1,476,000)    
Proceeds from sale or disposal of assets 1,083,000    
Prepayments on flight equipment (585,000)    
Acquisition of ILFC, net of cash acquired   (2,400,000)  
Collections of finance and sales-type leases 17,000 (4,000)  
Other (73,000)    
Net cash used in investing activities (1,034,000) (2,404,000)  
Issuance of debt 2,500,000 3,400,000  
Repayment of debt (2,010,000) (2,353,000)  
Debt issuance costs paid (17,000) (45,000)  
Maintenance payments received 306,000 195,000  
Maintenance payments returned (244,000) (89,000)  
Security deposits received 97,000 39,000  
Security deposits returned (83,000) (2,000)  
Net cash (used in) provided by financing activities 549,000 1,145,000  
Net increase (decrease) in cash and cash equivalents 544,000 225,000  
Cash and cash equivalents at beginning of period 225,000    
Cash and cash equivalents at end of period 769,000 225,000  
AGAT/AICL Notes [Member] | AerCap Ireland Capital Ltd. [Member]      
Net income (loss) 929,000 577,000 (11,000)
Adjustments to reconcile net income to net cash provided by operating activities:      
Income from subsidiaries (1,060,000) (683,000)  
Amortization of debt issuance costs and debt discount 5,000    
Deferred income taxes (19,000) 10,000  
Cash flow from operating activities before changes in working capital (145,000) (96,000) (11,000)
Working capital 193,000 110,000 11,000
Net cash provided by operating activities 48,000 14,000  
Net increase (decrease) in cash and cash equivalents 48,000 14,000  
Cash and cash equivalents at beginning of period 14,000    
Cash and cash equivalents at end of period 62,000 14,000  
AGAT/AICL Notes [Member] | Guarantors [Member]      
Net income (loss) [4] 846,000 856,000 128,000
Adjustments to reconcile net income to net cash provided by operating activities:      
Income from subsidiaries [4] (933,000) (988,000) (202,000)
Dividends received [4]   12,000 3,000
Depreciation and amortization [4] 65,000 53,000 3,000
Amortization of debt issuance costs and debt discount [4] 10,000 25,000 2,000
Accretion of fair value adjustments on deposits and maintenance liabilities [4] 1,000 1,000  
Maintenance rights write off [4] 17,000 9,000  
Maintenance liability release to income [4] (8,000) (5,000)  
Net (gain) loss on sale of assets [4] (13,000) (10,000) 12,000
Deferred income taxes [4] (38,000) 33,000 6,000
Other [4] 34,000 17,000  
Cash flow from operating activities before changes in working capital [4] (19,000) 3,000 (48,000)
Working capital [4] 618,000 (718,000) 111,000
Net cash provided by operating activities [4] 599,000 (715,000) 63,000
Purchase of flight equipment [4] (299,000) (1,198,000)  
Proceeds from sale or disposal of assets [4] 94,000 738,000  
Prepayments on flight equipment [4]   (2,000) 20,000
Acquisition of ILFC, net of cash acquired [4]   2,205,000  
Collections of finance and sales-type leases [4] 12,000 12,000  
Movement in restricted cash [4] (11,000) (2,000)  
Net cash used in investing activities [4] (204,000) 1,753,000 20,000
Issuance of debt [4]   43,000  
Repayment of debt [4] (8,000) (10,000) (107,000)
Debt issuance costs paid [4]   (20,000)  
Maintenance payments received [4] 24,000 42,000 3,000
Maintenance payments returned [4] (20,000) (101,000)  
Security deposits received [4] 25,000 9,000  
Security deposits returned [4] (47,000) (133,000) (3,000)
Net cash (used in) provided by financing activities [4] (26,000) (170,000) (107,000)
Net increase (decrease) in cash and cash equivalents [4] 369,000 868,000 (24,000)
Effect of exchange rate changes [4] (9,000) (2,000) 1,000
Cash and cash equivalents at beginning of period [4] 1,006,000 140,000 163,000
Cash and cash equivalents at end of period [4] 1,366,000 1,006,000 140,000
AGAT/AICL Notes [Member] | Non-Guarantors [Member]      
Net income (loss) (569,000) 720,000 329,000
Adjustments to reconcile net income to net cash provided by operating activities:      
Income from subsidiaries 1,090,000 (79,000) 62,000
Depreciation and amortization 910,000 728,000 335,000
Asset impairment 13,000 19,000 26,000
Amortization of debt issuance costs and debt discount 20,000 (246,000) 44,000
Amortization of lease premium intangibles 16,000 13,000 9,000
Amortization of fair value adjustments on debt (8,000) (6,000)  
Accretion of fair value adjustments on deposits and maintenance liabilities 10,000 33,000  
Maintenance rights write off 262,000 54,000  
Maintenance liability release to income (95,000) (63,000) (13,000)
Net (gain) loss on sale of assets (2,000) (20,000) (42,000)
Deferred income taxes 59,000 17,000 15,000
Restructuring expenses 49,000    
Other 28,000 42,000 (12,000)
Cash flow from operating activities before changes in working capital 1,783,000 1,212,000 753,000
Working capital (899,000) 194,000 29,000
Net cash provided by operating activities 884,000 1,406,000 782,000
Purchase of flight equipment (997,000) (892,000) (1,783,000)
Proceeds from sale or disposal of assets 391,000 (189,000) 664,000
Prepayments on flight equipment (207,000) (456,000) (233,000)
Capital contributions to equity investments     (13,000)
Collections of finance and sales-type leases 26,000 33,000 3,000
Movement in restricted cash 309,000 284,000 8,000
Net cash used in investing activities (478,000) (1,220,000) (1,354,000)
Issuance of debt 1,114,000 1,894,000 2,150,000
Repayment of debt (1,726,000) (2,239,000) (1,783,000)
Debt issuance costs paid (32,000) (70,000) (43,000)
Maintenance payments received 446,000 325,000 98,000
Maintenance payments returned (294,000) (96,000) (57,000)
Security deposits received 49,000 59,000 23,000
Security deposits returned (14,000) 36,000 (12,000)
Dividends paid   (12,000) (3,000)
Net cash (used in) provided by financing activities (457,000) (103,000) 373,000
Net increase (decrease) in cash and cash equivalents (51,000) 83,000 (199,000)
Effect of exchange rate changes 5,000 (1,000) (1,000)
Cash and cash equivalents at beginning of period 238,000 156,000 356,000
Cash and cash equivalents at end of period 192,000 238,000 156,000
AGAT/AICL Notes [Member] | Eliminations [Member]      
Net income (loss) (2,269,000) (2,837,000) (443,000)
Adjustments to reconcile net income to net cash provided by operating activities:      
Income from subsidiaries $ 2,269,000 2,837,000 455,000
Dividends received   (12,000) (3,000)
Net (gain) loss on sale of assets     (12,000)
Cash flow from operating activities before changes in working capital   (12,000) (3,000)
Net cash provided by operating activities   (12,000) (3,000)
Dividends paid   12,000 3,000
Net cash (used in) provided by financing activities   $ 12,000 $ 3,000
[1] (a) Maintenance rights write off consisted of the following: EOL and MR contract maintenance rights expense$ 348,366$ 54,507$ - EOL contract maintenance rights write off due to cash receipt 118,438 27,570 - MR contract maintenance rights write off due to maintenance liability release 161,839 48,729 - Maintenance rights write off$ 628,643$ 130,806$ -
[2] Relates to the settlement of three asset value guarantees during the year ended December 31, 2015. Refer to Note 29-Commitments and contingencies.
[3] Includes the Share Repurchase of $750.0 million from AIG and $11.2 million of related expenses. Refer to Note 17-Equity and Note 28-Related party transactions for further details.
[4] Guarantors consist of AerCap U.S. Global Aviation LLC, AerCap Aviation Solutions B.V., AerCap Ireland Ltd. and ILFC. ILFC was acquired on May 14, 2014 and is not included prior to its acquisition date.