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## NOTES TO CONSOLIDATED FINANCIAL STATEMENTS OF AMERICAN AIRLINES GROUP INC. 

The components of lease expense were as follows (in millions): 

<img src='content_image/1047575.jpg'>

Included in the table above is $236 million and $226 million of operating lease cost under our capacity purchase agreement with Republic for the years ended December 31, 2019 and 2018, respectively. We hold a 25% equity interest in Republic Holdings, the parent company of Republic. 

Supplemental balance sheet information related to leases was as follows (in millions, except lease term and discount rate): 

<img src='content_image/1047574.jpg'>

