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)

v3.6.0.2
Supplemental Guarantor Financial Information (Condensed Consolidated Statements of Cash Flows) (AGAT/AICDC Notes) (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Net income (loss) $ 1,039,516 $ 1,177,172 $ 808,498
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 1,791,336 1,843,003 1,282,228
Asset impairment 81,607 16,335 21,828
Amortization of debt issuance costs and debt discount 55,768 45,582 86,184
Amortization of lease premium intangibles 19,836 23,042 17,967
Amortization of fair value adjustments on debt (335,998) (442,972) (330,924)
Accretion of fair value adjustments on deposits and maintenance liabilities 55,210 76,246 71,806
Maintenance rights write off [1] 652,111 628,643 130,806
Maintenance liability release to income (421,332) (243,809) (92,296)
Net (gain) loss on sale of assets (138,522) (183,328) (37,497)
Deferred income taxes 161,340 110,353 115,859
Restructuring related expenses 33,588 49,311  
Other 121,700 90,074 102,139
Net cash provided by operating activities 3,381,232 3,360,040 2,313,674
Purchase of flight equipment (2,892,731) (2,772,110) (2,088,444)
Proceeds from sale or disposal of assets 2,366,242 1,568,235 569,633
Prepayments on flight equipment (947,419) (791,546) (458,174)
Acquisition of ILFC, net of cash acquired     (195,311)
Collections of finance and sales-type leases 74,207 54,975 40,983
Movement in restricted cash 90,267 297,941 282,523
Other (21,678) (73,400) [2]  
Net cash used in investing activities (1,331,112) (1,715,905) (1,848,790)
Issuance of debt 3,642,166 3,913,840 5,411,602
Repayment of debt (5,213,724) (4,043,743) (4,826,775)
Debt issuance costs paid (34,687) (49,417) (134,963)
Maintenance payments received 794,711 776,488 561,558
Maintenance payments returned (505,407) (558,477) (286,041)
Security deposits received 201,970 171,408 107,332
Security deposits returned (270,575) (144,445) (98,656)
Repurchase of shares and tax withholdings on share-based compensation (1,021,119) (793,945) [3]  
Net cash (used in) provided by financing activities (2,417,166) (728,291) 734,057
Net (decrease) increase in cash and cash equivalents (367,046) 915,844 1,198,941
Effect of exchange rate changes (605) (3,115) (4,086)
Cash and cash equivalents at beginning of period 2,403,098 1,490,369 295,514
Cash and cash equivalents at end of period 2,035,447 2,403,098 1,490,369
AGAT/AICDC Notes [Member]      
Net income (loss) 1,040,000 1,177,000 808,000
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 1,791,000 1,843,000 1,282,000
Asset impairment 82,000 16,000 22,000
Amortization of debt issuance costs and debt discount 56,000 46,000 86,000
Amortization of lease premium intangibles 20,000 23,000 18,000
Amortization of fair value adjustments on debt (336,000) (443,000) (331,000)
Accretion of fair value adjustments on deposits and maintenance liabilities 55,000 76,000 72,000
Maintenance rights write off 652,000 629,000 131,000
Maintenance liability release to income (421,000) (244,000) (92,000)
Net (gain) loss on sale of assets (139,000) (183,000) (38,000)
Deferred income taxes 161,000 110,000 116,000
Restructuring related expenses 34,000 49,000  
Other 122,000 90,000 102,000
Cash flow from operating activities before changes in working capital 3,117,000 3,189,000 2,176,000
Working capital 264,000 171,000 138,000
Net cash provided by operating activities 3,381,000 3,360,000 2,314,000
Purchase of flight equipment (2,893,000) (2,772,000) (2,090,000)
Proceeds from sale or disposal of assets 2,367,000 1,568,000 570,000
Prepayments on flight equipment (947,000) (792,000) (458,000)
Acquisition of ILFC, net of cash acquired     (195,000)
Collections of finance and sales-type leases 74,000 55,000 41,000
Movement in restricted cash 90,000 298,000 282,000
Other (22,000) (73,000)  
Net cash used in investing activities (1,331,000) (1,716,000) (1,850,000)
Issuance of debt 3,642,000 3,914,000 5,412,000
Repayment of debt (5,214,000) (4,044,000) (4,827,000)
Debt issuance costs paid (35,000) (49,000) (135,000)
Maintenance payments received 796,000 776,000 562,000
Maintenance payments returned (505,000) (558,000) (286,000)
Security deposits received 202,000 171,000 107,000
Security deposits returned (271,000) (144,000) (99,000)
Dividends paid (11,000)    
Repurchase of shares and tax withholdings on share-based compensation (1,021,000) (794,000)  
Net cash (used in) provided by financing activities (2,417,000) (728,000) 734,000
Net (decrease) increase in cash and cash equivalents (367,000) 916,000 1,198,000
Effect of exchange rate changes (1,000) (3,000) (4,000)
Cash and cash equivalents at beginning of period 2,403,000 1,490,000 296,000
Cash and cash equivalents at end of period 2,035,000 2,403,000 1,490,000
AGAT/AICDC Notes [Member] | AerCap Holdings N.V. [Member]      
Net income (loss) 1,047,000 1,179,000 810,000
Adjustments to reconcile net income to net cash provided by operating activities:      
Income from subsidiaries (1,094,000) (1,262,000) (882,000)
Amortization of debt issuance costs and debt discount   1,000 3,000
Deferred income taxes (7,000) (28,000)  
Other 63,000 64,000 43,000
Cash flow from operating activities before changes in working capital 9,000 (46,000) (26,000)
Working capital 1,002,000 846,000 163,000
Net cash provided by operating activities 1,011,000 800,000 137,000
Proceeds from sale or disposal of assets     21,000
Net cash used in investing activities     21,000
Issuance of debt   300,000 75,000
Repayment of debt   (300,000) (225,000)
Repurchase of shares and tax withholdings on share-based compensation (1,021,000) (794,000)  
Net cash (used in) provided by financing activities (1,021,000) (794,000) (150,000)
Net (decrease) increase in cash and cash equivalents (10,000) 6,000 8,000
Effect of exchange rate changes   1,000 (1,000)
Cash and cash equivalents at beginning of period 14,000 7,000  
Cash and cash equivalents at end of period 4,000 14,000 7,000
AGAT/AICDC Notes [Member] | AerCap Global Aviation Trust [Member]      
Net income (loss) 919,000 1,061,000 682,000
Adjustments to reconcile net income to net cash provided by operating activities:      
Income from subsidiaries (237,000) (104,000) (205,000)
Depreciation and amortization 770,000 868,000 501,000
Asset impairment 32,000 3,000 3,000
Amortization of debt issuance costs and debt discount 13,000 10,000 304,000
Amortization of lease premium intangibles 7,000 7,000 5,000
Amortization of fair value adjustments on debt (330,000) (435,000) (325,000)
Accretion of fair value adjustments on deposits and maintenance liabilities 33,000 65,000 38,000
Maintenance rights write off 395,000 350,000 68,000
Maintenance liability release to income (206,000) (141,000) (24,000)
Net (gain) loss on sale of assets (33,000) (168,000) (8,000)
Deferred income taxes 98,000 136,000 56,000
Other 13,000 (36,000)  
Cash flow from operating activities before changes in working capital 1,474,000 1,616,000 1,095,000
Working capital 911,000 (587,000) 389,000
Net cash provided by operating activities 2,385,000 1,029,000 1,484,000
Purchase of flight equipment (594,000) (1,476,000)  
Proceeds from sale or disposal of assets 998,000 1,083,000  
Prepayments on flight equipment (937,000) (585,000)  
Acquisition of ILFC, net of cash acquired     (2,400,000)
Collections of finance and sales-type leases 26,000 17,000 (4,000)
Other   (73,000)  
Net cash used in investing activities (507,000) (1,034,000) (2,404,000)
Issuance of debt 1,012,000 2,500,000 3,400,000
Repayment of debt (2,825,000) (2,010,000) (2,353,000)
Debt issuance costs paid (9,000) (17,000) (45,000)
Maintenance payments received 292,000 306,000 195,000
Maintenance payments returned (234,000) (244,000) (89,000)
Security deposits received 57,000 97,000 39,000
Security deposits returned (111,000) (83,000) (2,000)
Net cash (used in) provided by financing activities (1,818,000) 549,000 1,145,000
Net (decrease) increase in cash and cash equivalents 60,000 544,000 225,000
Cash and cash equivalents at beginning of period 769,000 225,000  
Cash and cash equivalents at end of period 829,000 769,000 225,000
AGAT/AICDC Notes [Member] | AerCap Ireland Capital Designated Activity Company [Member]      
Net income (loss) 757,000 929,000 577,000
Adjustments to reconcile net income to net cash provided by operating activities:      
Income from subsidiaries (919,000) (1,060,000) (683,000)
Amortization of debt issuance costs and debt discount 5,000 5,000  
Deferred income taxes (22,000) (19,000) 10,000
Cash flow from operating activities before changes in working capital (179,000) (145,000) (96,000)
Working capital 181,000 193,000 110,000
Net cash provided by operating activities 2,000 48,000 14,000
Issuance of debt 35,000    
Repayment of debt (35,000)    
Net (decrease) increase in cash and cash equivalents 2,000 48,000 14,000
Cash and cash equivalents at beginning of period 62,000 14,000  
Cash and cash equivalents at end of period 64,000 62,000 14,000
AGAT/AICDC Notes [Member] | Guarantors [Member]      
Net income (loss) 842,000 [4] 846,000 [4] 856,000 [5]
Adjustments to reconcile net income to net cash provided by operating activities:      
Income from subsidiaries (701,000) [4] (933,000) [4] (988,000) [5]
Dividends received [5]     12,000
Depreciation and amortization 72,000 [4] 65,000 [4] 53,000 [5]
Amortization of debt issuance costs and debt discount 4,000 [4] 10,000 [4] 25,000 [5]
Accretion of fair value adjustments on deposits and maintenance liabilities 2,000 [4] 1,000 [4] 1,000 [5]
Maintenance rights write off 22,000 [4] 17,000 [4] 9,000 [5]
Maintenance liability release to income (19,000) [4] (8,000) [4] (5,000) [5]
Net (gain) loss on sale of assets (6,000) [4] (13,000) [4] (10,000) [5]
Deferred income taxes 28,000 [4] (38,000) [4] 33,000 [5]
Other (7,000) [4] 34,000 [4] 17,000 [5]
Cash flow from operating activities before changes in working capital 237,000 [4] (19,000) [4] 3,000 [5]
Working capital (545,000) [4] 618,000 [4] (718,000) [5]
Net cash provided by operating activities (308,000) [4] 599,000 [4] (715,000) [5]
Purchase of flight equipment (298,000) [4] (299,000) [4] (1,198,000) [5]
Proceeds from sale or disposal of assets 158,000 [4] 94,000 [4] 738,000 [5]
Prepayments on flight equipment (9,000) [4]   (2,000) [5]
Acquisition of ILFC, net of cash acquired [5]     2,205,000
Collections of finance and sales-type leases 22,000 [4] 12,000 [4] 12,000 [5]
Movement in restricted cash 9,000 [4] (11,000) [4] (2,000) [5]
Other [4] (22,000)    
Net cash used in investing activities (140,000) [4] (204,000) [4] 1,753,000 [5]
Issuance of debt [5]     43,000
Repayment of debt (8,000) [4] (8,000) [4] (10,000) [5]
Debt issuance costs paid (2,000) [4]   (20,000) [5]
Maintenance payments received 39,000 [4] 24,000 [4] 42,000 [5]
Maintenance payments returned (30,000) [4] (20,000) [4] (101,000) [5]
Security deposits received 25,000 [4] 25,000 [4] 9,000 [5]
Security deposits returned (10,000) [4] (47,000) [4] (133,000) [5]
Net cash (used in) provided by financing activities 14,000 [4] (26,000) [4] (170,000) [5]
Net (decrease) increase in cash and cash equivalents (434,000) [4] 369,000 [4] 868,000 [5]
Effect of exchange rate changes (1,000) [4] (9,000) [4] (2,000) [5]
Cash and cash equivalents at beginning of period 1,366,000 [4] 1,006,000 [4],[5] 140,000 [5]
Cash and cash equivalents at end of period [4] 931,000 1,366,000 1,006,000 [5]
AGAT/AICDC Notes [Member] | Non-Guarantors [Member]      
Net income (loss) (441,000) (569,000) 720,000
Adjustments to reconcile net income to net cash provided by operating activities:      
Income from subsidiaries 867,000 1,090,000 (79,000)
Depreciation and amortization 949,000 910,000 728,000
Asset impairment 50,000 13,000 19,000
Amortization of debt issuance costs and debt discount 34,000 20,000 (246,000)
Amortization of lease premium intangibles 13,000 16,000 13,000
Amortization of fair value adjustments on debt (6,000) (8,000) (6,000)
Accretion of fair value adjustments on deposits and maintenance liabilities 20,000 10,000 33,000
Maintenance rights write off 235,000 262,000 54,000
Maintenance liability release to income (196,000) (95,000) (63,000)
Net (gain) loss on sale of assets (100,000) (2,000) (20,000)
Deferred income taxes 64,000 59,000 17,000
Restructuring related expenses 34,000 49,000  
Other 53,000 28,000 42,000
Cash flow from operating activities before changes in working capital 1,576,000 1,783,000 1,212,000
Working capital (1,285,000) (899,000) 194,000
Net cash provided by operating activities 291,000 884,000 1,406,000
Purchase of flight equipment (2,001,000) (997,000) (892,000)
Proceeds from sale or disposal of assets 1,211,000 391,000 (189,000)
Prepayments on flight equipment (1,000) (207,000) (456,000)
Collections of finance and sales-type leases 26,000 26,000 33,000
Movement in restricted cash 81,000 309,000 284,000
Net cash used in investing activities (684,000) (478,000) (1,220,000)
Issuance of debt 2,595,000 1,114,000 1,894,000
Repayment of debt (2,346,000) (1,726,000) (2,239,000)
Debt issuance costs paid (24,000) (32,000) (70,000)
Maintenance payments received 465,000 446,000 325,000
Maintenance payments returned (241,000) (294,000) (96,000)
Security deposits received 120,000 49,000 59,000
Security deposits returned (150,000) (14,000) 36,000
Dividends paid (11,000)   (12,000)
Net cash (used in) provided by financing activities 408,000 (457,000) (103,000)
Net (decrease) increase in cash and cash equivalents 15,000 (51,000) 83,000
Effect of exchange rate changes   5,000 (1,000)
Cash and cash equivalents at beginning of period 192,000 238,000 156,000
Cash and cash equivalents at end of period 207,000 192,000 238,000
AGAT/AICDC Notes [Member] | Eliminations [Member]      
Net income (loss) (2,084,000) (2,269,000) (2,837,000)
Adjustments to reconcile net income to net cash provided by operating activities:      
Income from subsidiaries $ 2,084,000 $ 2,269,000 2,837,000
Dividends received     (12,000)
Cash flow from operating activities before changes in working capital     (12,000)
Net cash provided by operating activities     (12,000)
Dividends paid     12,000
Net cash (used in) provided by financing activities     $ 12,000
[1] (a) Maintenance rights write off consisted of the following:EOL and MR contract maintenance rights expense$ 381,637$ 348,366 $ 54,507 EOL contract maintenance rights write off due to cash receipt 96,503 118,438 27,570 MR contract maintenance rights write off due to maintenance liability release 173,971 161,839 48,729 Maintenance rights write off$ 652,111$ 628,643 $ 130,806
[2] Relates to the settlement of three asset value guarantees during the year ended December 31, 2015. Refer to Note 30-Commitments and contingencies.
[3] Includes the Share Repurchase from AIG and $11.2 million of related expenses. Refer to Note 18-Equity and Note 29-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.
[5] 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.