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)

v3.8.0.1
Supplemental guarantor financial information (Condensed consolidated statements of cash flows - AGAT/AICDC Notes) (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Condensed Cash Flow Statements, Captions [Line Items]      
Net income (loss) $ 1,080,353 $ 1,039,516 $ 1,177,172
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 1,727,296 1,791,336 1,843,003
Asset impairment 61,286 81,607 16,335
Amortization of debt issuance costs and debt discount 65,420 55,768 45,582
Amortization of lease premium intangibles 13,632 19,836 23,042
Amortization of fair value adjustments on debt (194,728) (335,998) (442,972)
Accretion of fair value adjustments on deposits and maintenance liabilities 31,360 55,210 76,246
Maintenance rights write-off [1] 539,772 652,111 628,643
Maintenance liability release to income (302,408) (421,332) (243,809)
Net gain on sale of assets (229,093) (138,522) (183,328)
Deferred income taxes 157,021 161,340 110,353
Restructuring related expenses 5,097 33,588 49,311
Other 120,489 121,700 90,074
Net cash provided by operating activities 3,140,217 3,381,232 3,360,040
Purchase of flight equipment (3,956,671) (2,892,731) (2,772,110)
Proceeds from sale or disposal of assets 1,779,321 2,366,242 1,568,235
Prepayments on flight equipment (1,268,585) (947,419) (791,546)
Collections of finance and sales-type leases 91,918 74,207 54,975
Movement in restricted cash (35,276) 90,267 297,941
Other (38,102) (21,678) (73,400)
Net cash used in investing activities (3,427,395) (1,331,112) (1,715,905)
Issuance of debt 5,596,402 3,642,166 3,913,840
Repayment of debt (4,695,453) (5,213,724) (4,043,743)
Debt issuance costs paid (81,396) (34,687) (49,417)
Maintenance payments received 756,314 794,711 776,488
Maintenance payments returned (523,403) (505,407) (558,477)
Security deposits received 187,378 201,970 171,408
Security deposits returned (188,362) (270,575) (144,445)
Repurchase of shares and tax withholdings on share-based compensation (1,138,782) (1,021,119) (793,945)
Net cash used in financing activities (87,568) (2,417,166) (728,291)
Net (decrease) increase in cash and cash equivalents (374,746) (367,046) 915,844
Effect of exchange rate changes (1,032) (605) (3,115)
Cash and cash equivalents at beginning of period 2,035,447 2,403,098 1,490,369
Cash and cash equivalents at end of period 1,659,669 2,035,447 2,403,098
AGAT/AICDC Notes      
Condensed Cash Flow Statements, Captions [Line Items]      
Net income (loss) 1,080,000 1,040,000 1,177,000
Adjustments to reconcile net income to net cash provided by operating activities:      
(Income) loss from subsidiaries 0 0 0
Depreciation and amortization 1,727,000 1,791,000 1,843,000
Asset impairment 61,000 82,000 16,000
Amortization of debt issuance costs and debt discount 65,000 56,000 46,000
Amortization of lease premium intangibles 14,000 20,000 23,000
Amortization of fair value adjustments on debt (195,000) (336,000) (443,000)
Accretion of fair value adjustments on deposits and maintenance liabilities 31,000 55,000 76,000
Maintenance rights write-off 540,000 652,000 629,000
Maintenance liability release to income (302,000) (421,000) (244,000)
Net gain on sale of assets (229,000) (139,000) (183,000)
Deferred income taxes 157,000 161,000 110,000
Restructuring related expenses 5,000 34,000 49,000
Other 121,000 122,000 90,000
Cash flow from operating activities before changes in working capital 3,075,000 3,117,000 3,189,000
Working capital 65,000 264,000 171,000
Net cash provided by operating activities 3,140,000 3,381,000 3,360,000
Purchase of flight equipment (3,957,000) (2,893,000) (2,772,000)
Proceeds from sale or disposal of assets 1,779,000 2,367,000 1,568,000
Prepayments on flight equipment (1,268,000) (947,000) (792,000)
Collections of finance and sales-type leases 92,000 74,000 55,000
Movement in restricted cash (35,000) 90,000 298,000
Other (38,000) (22,000) (73,000)
Net cash used in investing activities (3,427,000) (1,331,000) (1,716,000)
Issuance of debt 5,596,000 3,642,000 3,914,000
Repayment of debt (4,695,000) (5,214,000) (4,044,000)
Debt issuance costs paid (81,000) (35,000) (49,000)
Maintenance payments received 756,000 796,000 776,000
Maintenance payments returned (523,000) (505,000) (558,000)
Security deposits received 186,000 202,000 171,000
Security deposits returned (188,000) (271,000) (144,000)
Dividend paid to non-controlling interest holders   (11,000)  
Repurchase of shares and tax withholdings on share-based compensation (1,139,000) (1,021,000) (794,000)
Net cash used in financing activities (88,000) (2,417,000) (728,000)
Net (decrease) increase in cash and cash equivalents (375,000) (367,000) 916,000
Effect of exchange rate changes   (1,000) (3,000)
Cash and cash equivalents at beginning of period 2,035,000 2,403,000 1,490,000
Cash and cash equivalents at end of period 1,660,000 2,035,000 2,403,000
Eliminations | AGAT/AICDC Notes      
Condensed Cash Flow Statements, Captions [Line Items]      
Net income (loss) (1,989,000) (2,084,000) (2,269,000)
Adjustments to reconcile net income to net cash provided by operating activities:      
(Income) loss from subsidiaries 1,989,000 2,084,000 2,269,000
Depreciation and amortization 0 0 0
Asset impairment 0 0 0
Amortization of debt issuance costs and debt discount 0 0 0
Amortization of lease premium intangibles 0 0 0
Amortization of fair value adjustments on debt 0 0 0
Accretion of fair value adjustments on deposits and maintenance liabilities 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
Restructuring related expenses 0 0 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 0
Movement in restricted cash 0 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 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  
Repurchase of shares and tax withholdings on share-based compensation 0 0 0
Net cash used in financing activities 0 0 0
Net (decrease) increase in cash and cash equivalents 0 0 0
Effect of exchange rate changes   0 0
Cash and cash equivalents at beginning of period 0 0 0
Cash and cash equivalents at end of period 0 0 0
AerCap Holdings N.V. | AGAT/AICDC Notes      
Condensed Cash Flow Statements, Captions [Line Items]      
Net income (loss) 1,076,000 1,047,000 1,179,000
Adjustments to reconcile net income to net cash provided by operating activities:      
(Income) loss from subsidiaries (1,118,000) (1,094,000) (1,262,000)
Depreciation and amortization 0 0 0
Asset impairment 0 0 0
Amortization of debt issuance costs and debt discount 0 0 1,000
Amortization of lease premium intangibles 0 0 0
Amortization of fair value adjustments on debt 0 0 0
Accretion of fair value adjustments on deposits and maintenance liabilities 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 (7,000) (7,000) (28,000)
Restructuring related expenses 0 0 0
Other 62,000 63,000 64,000
Cash flow from operating activities before changes in working capital 13,000 9,000 (46,000)
Working capital 1,143,000 1,002,000 846,000
Net cash provided by operating activities 1,156,000 1,011,000 800,000
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 0
Movement in restricted cash 0 0 0
Other 0 0 0
Net cash used in investing activities 0 0 0
Issuance of debt 0 0 300,000
Repayment of debt 0 0 (300,000)
Debt issuance costs paid 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  
Repurchase of shares and tax withholdings on share-based compensation (1,139,000) (1,021,000) (794,000)
Net cash used in financing activities (1,139,000) (1,021,000) (794,000)
Net (decrease) increase in cash and cash equivalents 17,000 (10,000) 6,000
Effect of exchange rate changes   0 1,000
Cash and cash equivalents at beginning of period 4,000 14,000 7,000
Cash and cash equivalents at end of period 21,000 4,000 14,000
AerCap Global Aviation Trust | AGAT/AICDC Notes      
Condensed Cash Flow Statements, Captions [Line Items]      
Net income (loss) 775,000 919,000 1,061,000
Adjustments to reconcile net income to net cash provided by operating activities:      
(Income) loss from subsidiaries (167,000) (237,000) (104,000)
Depreciation and amortization 630,000 770,000 868,000
Asset impairment 9,000 32,000 3,000
Amortization of debt issuance costs and debt discount 14,000 13,000 10,000
Amortization of lease premium intangibles 4,000 7,000 7,000
Amortization of fair value adjustments on debt (192,000) (330,000) (435,000)
Accretion of fair value adjustments on deposits and maintenance liabilities 16,000 33,000 65,000
Maintenance rights write-off 282,000 395,000 350,000
Maintenance liability release to income (100,000) (206,000) (141,000)
Net gain on sale of assets (113,000) (33,000) (168,000)
Deferred income taxes 87,000 98,000 136,000
Restructuring related expenses 0 0 0
Other 9,000 13,000 (36,000)
Cash flow from operating activities before changes in working capital 1,254,000 1,474,000 1,616,000
Working capital (163,000) 911,000 (587,000)
Net cash provided by operating activities 1,091,000 2,385,000 1,029,000
Purchase of flight equipment (1,685,000) (594,000) (1,476,000)
Proceeds from sale or disposal of assets 893,000 998,000 1,083,000
Prepayments on flight equipment (936,000) (937,000) (585,000)
Collections of finance and sales-type leases 49,000 26,000 17,000
Movement in restricted cash 0 0 0
Other (36,000) 0 (73,000)
Net cash used in investing activities (1,715,000) (507,000) (1,034,000)
Issuance of debt 2,431,000 1,012,000 2,500,000
Repayment of debt (2,400,000) (2,825,000) (2,010,000)
Debt issuance costs paid (28,000) (9,000) (17,000)
Maintenance payments received 251,000 292,000 306,000
Maintenance payments returned (216,000) (234,000) (244,000)
Security deposits received 58,000 57,000 97,000
Security deposits returned (79,000) (111,000) (83,000)
Dividend paid to non-controlling interest holders   0  
Repurchase of shares and tax withholdings on share-based compensation 0 0 0
Net cash used in financing activities 17,000 (1,818,000) 549,000
Net (decrease) increase in cash and cash equivalents (607,000) 60,000 544,000
Effect of exchange rate changes   0 0
Cash and cash equivalents at beginning of period 829,000 769,000 225,000
Cash and cash equivalents at end of period 222,000 829,000 769,000
AerCap Ireland Capital Designated Activity Company | AGAT/AICDC Notes      
Condensed Cash Flow Statements, Captions [Line Items]      
Net income (loss) 623,000 757,000 929,000
Adjustments to reconcile net income to net cash provided by operating activities:      
(Income) loss from subsidiaries (774,000) (919,000) (1,060,000)
Depreciation and amortization 0 0 0
Asset impairment 0 0 0
Amortization of debt issuance costs and debt discount 5,000 5,000 5,000
Amortization of lease premium intangibles 0 0 0
Amortization of fair value adjustments on debt 0 0 0
Accretion of fair value adjustments on deposits and maintenance liabilities 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 (19,000) (22,000) (19,000)
Restructuring related expenses 0 0 0
Other 0 0 0
Cash flow from operating activities before changes in working capital (165,000) (179,000) (145,000)
Working capital (272,000) 181,000 193,000
Net cash provided by operating activities (437,000) 2,000 48,000
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 0
Movement in restricted cash 0 0 0
Other 0 0 0
Net cash used in investing activities 0 0 0
Issuance of debt 400,000 35,000 0
Repayment of debt 0 (35,000) 0
Debt issuance costs paid (13,000) 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  
Repurchase of shares and tax withholdings on share-based compensation 0 0 0
Net cash used in financing activities 387,000 0 0
Net (decrease) increase in cash and cash equivalents (50,000) 2,000 48,000
Effect of exchange rate changes   0 0
Cash and cash equivalents at beginning of period 64,000 62,000 14,000
Cash and cash equivalents at end of period 14,000 64,000 62,000
Guarantors | AGAT/AICDC Notes      
Condensed Cash Flow Statements, Captions [Line Items]      
Net income (loss) [2] 944,000 842,000 846,000
Adjustments to reconcile net income to net cash provided by operating activities:      
(Income) loss from subsidiaries [2] (831,000) (701,000) (933,000)
Depreciation and amortization [2] 87,000 72,000 65,000
Asset impairment [2] 3,000 0 0
Amortization of debt issuance costs and debt discount [2] 5,000 4,000 10,000
Amortization of lease premium intangibles [2] 0 0 0
Amortization of fair value adjustments on debt [2] 0 0 0
Accretion of fair value adjustments on deposits and maintenance liabilities [2] 1,000 2,000 1,000
Maintenance rights write-off [2] 13,000 22,000 17,000
Maintenance liability release to income [2] (23,000) (19,000) (8,000)
Net gain on sale of assets [2] (20,000) (6,000) (13,000)
Deferred income taxes [2] 35,000 28,000 (38,000)
Restructuring related expenses [2] 0 0 0
Other [2] 45,000 (7,000) 34,000
Cash flow from operating activities before changes in working capital [2] 259,000 237,000 (19,000)
Working capital [2] 693,000 (545,000) 618,000
Net cash provided by operating activities [2] 952,000 (308,000) 599,000
Purchase of flight equipment [2] (549,000) (298,000) (299,000)
Proceeds from sale or disposal of assets [2] 137,000 158,000 94,000
Prepayments on flight equipment [2] 0 (9,000) 0
Collections of finance and sales-type leases [2] 33,000 22,000 12,000
Movement in restricted cash [2] (1,000) 9,000 (11,000)
Other [2] 0 (22,000) 0
Net cash used in investing activities [2] (380,000) (140,000) (204,000)
Issuance of debt [2] 0 0 0
Repayment of debt [2] (317,000) (8,000) (8,000)
Debt issuance costs paid [2] (3,000) (2,000) 0
Maintenance payments received [2] 65,000 39,000 24,000
Maintenance payments returned [2] (40,000) (30,000) (20,000)
Security deposits received [2] 30,000 25,000 25,000
Security deposits returned [2] (11,000) (10,000) (47,000)
Dividend paid to non-controlling interest holders [2]   0  
Repurchase of shares and tax withholdings on share-based compensation [2] 0 0 0
Net cash used in financing activities [2] (276,000) 14,000 (26,000)
Net (decrease) increase in cash and cash equivalents [2] 296,000 (434,000) 369,000
Effect of exchange rate changes [2]   (1,000) (9,000)
Cash and cash equivalents at beginning of period [2] 931,000 1,366,000 1,006,000
Cash and cash equivalents at end of period [2] 1,227,000 931,000 1,366,000
Non- Guarantors | AGAT/AICDC Notes      
Condensed Cash Flow Statements, Captions [Line Items]      
Net income (loss) (349,000) (441,000) (569,000)
Adjustments to reconcile net income to net cash provided by operating activities:      
(Income) loss from subsidiaries 901,000 867,000 1,090,000
Depreciation and amortization 1,010,000 949,000 910,000
Asset impairment 49,000 50,000 13,000
Amortization of debt issuance costs and debt discount 41,000 34,000 20,000
Amortization of lease premium intangibles 10,000 13,000 16,000
Amortization of fair value adjustments on debt (3,000) (6,000) (8,000)
Accretion of fair value adjustments on deposits and maintenance liabilities 14,000 20,000 10,000
Maintenance rights write-off 245,000 235,000 262,000
Maintenance liability release to income (179,000) (196,000) (95,000)
Net gain on sale of assets (96,000) (100,000) (2,000)
Deferred income taxes 61,000 64,000 59,000
Restructuring related expenses 5,000 34,000 49,000
Other 5,000 53,000 28,000
Cash flow from operating activities before changes in working capital 1,714,000 1,576,000 1,783,000
Working capital (1,336,000) (1,285,000) (899,000)
Net cash provided by operating activities 378,000 291,000 884,000
Purchase of flight equipment (1,723,000) (2,001,000) (997,000)
Proceeds from sale or disposal of assets 749,000 1,211,000 391,000
Prepayments on flight equipment (332,000) (1,000) (207,000)
Collections of finance and sales-type leases 10,000 26,000 26,000
Movement in restricted cash (34,000) 81,000 309,000
Other (2,000) 0 0
Net cash used in investing activities (1,332,000) (684,000) (478,000)
Issuance of debt 2,765,000 2,595,000 1,114,000
Repayment of debt (1,978,000) (2,346,000) (1,726,000)
Debt issuance costs paid (37,000) (24,000) (32,000)
Maintenance payments received 440,000 465,000 446,000
Maintenance payments returned (267,000) (241,000) (294,000)
Security deposits received 98,000 120,000 49,000
Security deposits returned (98,000) (150,000) (14,000)
Dividend paid to non-controlling interest holders   (11,000)  
Repurchase of shares and tax withholdings on share-based compensation 0 0 0
Net cash used in financing activities 923,000 408,000 (457,000)
Net (decrease) increase in cash and cash equivalents (31,000) 15,000 (51,000)
Effect of exchange rate changes   0 5,000
Cash and cash equivalents at beginning of period 207,000 192,000 238,000
Cash and cash equivalents at end of period $ 176,000 $ 207,000 $ 192,000
[1] Maintenance rights write-off consisted of the following:EOL and MR contract maintenance rights expense$355,845 $381,637 $348,366EOL contract maintenance rights write-off due to cash receipt106,433 96,503 118,438MR contract maintenance rights write-off due to maintenance liability release77,494 173,971 161,839Maintenance rights write-off$539,772 $652,111 $628,643
[2] Guarantors consist of AerCap U.S. Global Aviation LLC, AerCap Aviation Solutions B.V., AerCap Ireland Ltd. and ILFC.