American Airlines(NASDAQ:AAL) 
American Airlines Group Inc., through its subsidiaries, operates as a network air carrier. The company provides scheduled air transportation services for passengers and cargo through its hubs in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washingto...
Website: http://www.aa.com
Founded: 1926
Full Time Employees: 129,700 (Dec 2022)
CEO: William Douglas Parker
Sector: Industrials
Industry: Airlines
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At a glance:
- Demand Trends and Load Factors Drive Near-Term Results: Revenue performance is closely tied to domestic and international passenger demand, unit revenue (RASM), and the company’s ability to maintain strong load factors while managing pricing and mix.
- Cost Control, Especially Fuel and Labor, Remains Critical: Non-fuel unit costs (CASM ex-fuel), labor expense, and fuel price volatility are key swing factors for margins; operational efficiency and productivity initiatives can meaningfully impact profitability.
- High Leverage Keeps Focus on Debt Reduction and Liquidity: American’s elevated debt load makes interest expense, refinancing needs, and credit spreads important; management’s ability to generate free cash flow and pay down debt is a central investor focus.
- Operational Reliability Impacts Brand and Economics: On-time performance, cancellations, and irregular operations affect costs (reaccommodation, crew, maintenance) and customer loyalty; improvements can support both revenue and margin expansion.
- Capacity and Fleet Strategy Influence Margin and Cash Flow: Network planning and aircraft deliveries/retirements affect capacity growth, capex, and maintenance costs; optimizing fleet utilization and route profitability is key to sustaining cash generation.
Bull Thesis:
- Sustained Strong Travel Demand: Post-pandemic travel demand, particularly for international and premium segments, continues to be robust. This strong consumer appetite for travel directly benefits American Airlines' revenue and load factors, especially given its extensive global network.
- Operational Reliability & Cost Management: American Airlines has shown improvements in operational performance, leading to fewer disruptions and enhanced customer satisfaction. The company is also actively pursuing cost efficiencies and fleet modernization, which can enhance profitability and reduce fuel burn.
- Strategic Network & Alliance Strength: AAL's extensive domestic network, key hub cities (e.g., Dallas/Fort Worth, Charlotte, Miami), and strong international alliances (e.g., Oneworld) provide a competitive advantage, access to high-value routes, and revenue synergies.
Bear Thesis:
- Significant Debt Burden & Interest Expense: American Airlines still carries one of the highest debt loads in the industry, leading to substantial interest payments that can constrain financial flexibility, limit future investments, and make the company more vulnerable to economic downturns or rising interest rates.
- Rising Labor Costs & Inflationary Pressures: Recent labor agreements across the airline industry, including potential future agreements for AAL, are driving up operating expenses. General inflationary pressures on other inputs also put significant pressure on profit margins.
- Fuel Price Volatility & Geopolitical Risks: The airline's profitability remains highly susceptible to unpredictable fluctuations in jet fuel prices. Global supply chain issues and geopolitical instability can cause sudden spikes in fuel costs, which are difficult to fully pass on to consumers.
- Economic Slowdown & Discretionary Spending Risk: Air travel is highly sensitive to economic conditions. A significant economic downturn or recession could lead to reduced demand for both leisure and business travel, impacting revenue and load factors across AAL's network.
Main Competitors:
- Delta Air Lines ($DAL) (Air travel services (passenger and cargo)), Competes directly with American Airlines on network size, premium services, customer loyalty (SkyMiles), operational reliability, and international reach, particularly in key hubs like Atlanta, Detroit, Minneapolis, and New York. They vie for corporate contracts and high-value leisure travelers.
- United Airlines ($UAL) (Air travel services (passenger and cargo)), Competes on extensive global network, strong international routes (especially trans-Pacific and trans-Atlantic), premium cabin offerings, corporate contracts, and loyalty program (MileagePlus). Their major hubs in Chicago, Denver, Houston, Newark, San Francisco, and Washington D.C. often overlap with American's key markets.
- Southwest Airlines ($LUV) (Air travel services (primarily domestic)), Competes primarily on price, customer service, unique baggage policy (first two checked bags free), and a high-frequency, point-to-point route network. While not a direct legacy competitor for international or premium services, Southwest aggressively competes with American on popular domestic routes, appealing to leisure and budget-conscious business travelers.
- Spirit Airlines ($SAVE) (Ultra-low-cost air travel), Competes aggressively on base fare price, targeting highly price-sensitive travelers. Spirit utilizes an 'unbundled' pricing model where nearly all amenities (bags, seat selection, drinks) are add-ons, allowing for very low advertised fares. This puts pressure on American's pricing, especially on leisure-oriented domestic and some international routes where travelers prioritize cost above all else.
Moat:
The airline industry is highly competitive and capital-intensive, with American Airlines facing pressure from various angles. Its main competitors, Delta and United, are fellow legacy carriers that compete directly on network breadth, premium services, corporate accounts, and global alliances. Southwest Airlines challenges American's domestic market share with its low-cost, high-frequency model and customer-friendly policies. Ultra-low-cost carriers like Spirit Airlines exert downward pressure on fares, forcing American to compete on price for certain segments. American's competitive moat primarily stems from its extensive global route network (especially strong in the US with key hubs like DFW, CLT, MIA), its AAdvantage loyalty program which creates switching costs, and its participation in the Oneworld alliance, extending its reach. However, high fixed costs, sensitivity to fuel prices, labor relations, and external shocks (like pandemics) make maintaining profitability and market share a continuous challenge.
Income Statements:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-12-31 | 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-12-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | 2011-12-31 | 2011-09-30 | 2011-06-30 | 2011-03-31 | 2010-12-31 | 2010-09-30 | 2010-06-30 | 2010-03-31 | 2009-12-31 | 2009-10-21 | 2009-06-30 | 2009-03-31 | 2008-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
operating revenues: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
passenger | 12,495,000,000 | 12,658,000,000 | 12,471,000,000 | 13,123,000,000 | 11,391,000,000 | 12,402,000,000 | 12,523,000,000 | 13,202,000,000 | 11,458,000,000 | 12,010,000,000 | 12,421,000,000 | 12,978,000,000 | 11,103,000,000 | 12,130,000,000 | 12,396,000,000 | 12,223,000,000 | 7,818,000,000 | 8,381,000,000 | 7,957,000,000 | 6,545,000,000 | 3,179,000,000 | 3,190,000,000 | 2,540,000,000 | 1,108,000,000 | 7,681,000,000 | 10,347,000,000 | 10,995,000,000 | 11,011,000,000 | 9,658,000,000 | 9,962,000,000 | 10,561,000,000 | 10,674,000,000 | 9,480,000,000 | |||||||||||||||||||||||||||||||||||||
cargo | 214,000,000 | 227,000,000 | 212,000,000 | 211,000,000 | 189,000,000 | 220,000,000 | 202,000,000 | 195,000,000 | 187,000,000 | 199,000,000 | 193,000,000 | 197,000,000 | 223,000,000 | 263,000,000 | 279,000,000 | 328,000,000 | 364,000,000 | 341,000,000 | 332,000,000 | 326,000,000 | 315,000,000 | 285,000,000 | 207,000,000 | 130,000,000 | 147,000,000 | 216,000,000 | 208,000,000 | 221,000,000 | 218,000,000 | 265,000,000 | 260,000,000 | 261,000,000 | 227,000,000 | 232,000,000 | 200,000,000 | 196,000,000 | 172,000,000 | 194,000,000 | 171,000,000 | 174,000,000 | 162,000,000 | 192,000,000 | 180,000,000 | 194,000,000 | 194,000,000 | 232,000,000 | 215,000,000 | 221,000,000 | 206,000,000 | 200,000,000 | 163,000,000 | 167,000,000 | 155,000,000 | 170,000,000 | 156,000,000 | 175,000,000 | 168,000,000 | 171,000,000 | 176,000,000 | 187,000,000 | 169,000,000 | 181,000,000 | 167,000,000 | 170,000,000 | 154,000,000 | 164,000,000 | 136,000,000 | 134,000,000 | 144,000,000 | |
other | 1,203,000,000 | 1,114,000,000 | 1,008,000,000 | 1,058,000,000 | 971,000,000 | 1,038,000,000 | 922,000,000 | 937,000,000 | 925,000,000 | 853,000,000 | 868,000,000 | 880,000,000 | 863,000,000 | 795,000,000 | 787,000,000 | 871,000,000 | 717,000,000 | 705,000,000 | 680,000,000 | 607,000,000 | 514,000,000 | 553,000,000 | 426,000,000 | 384,000,000 | 687,000,000 | 750,000,000 | 708,000,000 | 728,000,000 | 708,000,000 | 711,000,000 | 738,000,000 | 708,000,000 | 694,000,000 | 1,350,000,000 | 1,301,000,000 | 1,327,000,000 | 1,297,000,000 | 1,248,000,000 | 1,273,000,000 | 1,194,000,000 | 1,186,000,000 | 1,134,000,000 | 1,173,000,000 | 1,219,000,000 | 1,192,000,000 | 1,147,000,000 | 1,166,000,000 | 1,214,000,000 | 1,124,000,000 | |||||||||||||||||||||
total operating revenues | 13,912,000,000 | 13,999,000,000 | 13,691,000,000 | 14,392,000,000 | 12,551,000,000 | 13,660,000,000 | 13,647,000,000 | 14,334,000,000 | 12,570,000,000 | 13,062,000,000 | 13,482,000,000 | 14,055,000,000 | 12,189,000,000 | 13,188,000,000 | 13,462,000,000 | 13,422,000,000 | 8,899,000,000 | 9,427,000,000 | 8,969,000,000 | 7,478,000,000 | 4,008,000,000 | 4,028,000,000 | 3,173,000,000 | 1,622,000,000 | 8,515,000,000 | 11,313,000,000 | 11,911,000,000 | 11,960,000,000 | 10,584,000,000 | 10,938,000,000 | 11,559,000,000 | 11,643,000,000 | 10,401,000,000 | 10,601,000,000 | 10,878,000,000 | 11,105,000,000 | 9,624,000,000 | 9,789,000,000 | 10,594,000,000 | 10,363,000,000 | 9,435,000,000 | 9,630,000,000 | 10,706,000,000 | 10,827,000,000 | 9,827,000,000 | 10,160,000,000 | 11,139,000,000 | 11,355,000,000 | 9,995,000,000 | 7,368,000,000 | 6,828,000,000 | 6,449,000,000 | 6,098,000,000 | 5,937,000,000 | 6,429,000,000 | 6,452,000,000 | 6,037,000,000 | 5,956,000,000 | 6,376,000,000 | 6,114,000,000 | 5,533,000,000 | 5,586,000,000 | 5,842,000,000 | 5,674,000,000 | 5,068,000,000 | 5,062,000,000 | 5,127,000,000 | 4,889,000,000 | 4,839,000,000 | |
yoy | 10.84% | 2.48% | 0.32% | 0.40% | -0.15% | 4.58% | 1.22% | 1.99% | 3.13% | -0.96% | 0.15% | 4.72% | 36.97% | 39.90% | 50.09% | 79.49% | 122.03% | 134.04% | 182.67% | 361.04% | -52.93% | -64.39% | -73.36% | -86.44% | -19.55% | 3.43% | 3.05% | 2.72% | 1.76% | 3.18% | 6.26% | 4.84% | 8.07% | 8.30% | 2.68% | 7.16% | 2.00% | 1.65% | -1.05% | -4.29% | -3.99% | -5.22% | -3.89% | -4.65% | -1.68% | 37.89% | 63.14% | 76.07% | 63.91% | 24.10% | 6.21% | -0.05% | 1.01% | -0.32% | 0.83% | 5.53% | 9.11% | 6.62% | 9.14% | 7.75% | 9.18% | 10.35% | 13.95% | 16.06% | 4.73% | |||||
qoq | -0.62% | 2.25% | -4.87% | 14.67% | -8.12% | 0.10% | -4.79% | 14.03% | -3.77% | -3.12% | -4.08% | 15.31% | -7.58% | -2.04% | 0.30% | 50.83% | -5.60% | 5.11% | 19.94% | 86.58% | -0.50% | 26.95% | 95.62% | -80.95% | -24.73% | -5.02% | -0.41% | 13.00% | -3.24% | -5.37% | -0.72% | 11.94% | -1.89% | -2.55% | -2.04% | 15.39% | -1.69% | -7.60% | 2.23% | 9.84% | -2.02% | -10.05% | -1.12% | 10.18% | -3.28% | -8.79% | -1.90% | 13.61% | 35.65% | 7.91% | 5.88% | 5.76% | 2.71% | -7.65% | -0.36% | 6.87% | 1.36% | -6.59% | 4.29% | 10.50% | -0.95% | -4.38% | 2.96% | 11.96% | 0.12% | -1.27% | 4.87% | 1.03% | ||
operating expenses: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
aircraft fuel and related taxes | 2,928,000,000 | 2,701,000,000 | 2,767,000,000 | 2,663,000,000 | 2,587,000,000 | 2,502,000,000 | 2,874,000,000 | 3,061,000,000 | 2,980,000,000 | 3,159,000,000 | 3,209,000,000 | 2,723,000,000 | 3,167,000,000 | 3,422,000,000 | 3,847,000,000 | 4,020,000,000 | 2,502,000,000 | 2,196,000,000 | 1,952,000,000 | 1,611,000,000 | 1,034,000,000 | 516,000,000 | 453,000,000 | 217,000,000 | 1,395,000,000 | 1,816,000,000 | 1,989,000,000 | 1,995,000,000 | 1,726,000,000 | 1,953,000,000 | 2,234,000,000 | 2,103,000,000 | 1,763,000,000 | 1,647,000,000 | 1,570,000,000 | 1,510,000,000 | 1,402,000,000 | 1,335,000,000 | 1,393,000,000 | 1,314,000,000 | 1,029,000,000 | 1,314,000,000 | 1,593,000,000 | 1,774,000,000 | 1,544,000,000 | 2,222,000,000 | 2,829,000,000 | 2,830,000,000 | 2,711,000,000 | |||||||||||||||||||||
salaries, wages and benefits | 4,674,000,000 | 4,501,000,000 | 4,461,000,000 | 4,382,000,000 | 4,222,000,000 | 4,104,000,000 | 4,098,000,000 | 3,953,000,000 | 3,867,000,000 | 3,689,000,000 | 3,974,000,000 | 3,635,000,000 | 3,281,000,000 | 3,199,000,000 | 3,384,000,000 | 3,235,000,000 | 3,154,000,000 | 3,206,000,000 | 3,018,000,000 | 2,862,000,000 | 2,730,000,000 | 2,576,000,000 | 2,705,000,000 | 2,538,000,000 | 3,140,000,000 | 3,100,000,000 | 3,219,000,000 | 3,200,000,000 | 3,090,000,000 | 3,011,000,000 | 3,129,000,000 | 3,093,000,000 | 3,017,000,000 | 2,992,000,000 | 2,995,000,000 | 3,003,000,000 | 2,825,000,000 | 2,796,000,000 | 2,772,000,000 | 2,670,000,000 | 2,652,000,000 | 2,383,000,000 | 2,404,000,000 | 2,364,000,000 | 2,373,000,000 | 2,089,000,000 | 2,137,000,000 | 2,163,000,000 | 2,119,000,000 | |||||||||||||||||||||
regional expenses | 1,404,000,000 | 1,395,000,000 | 1,370,000,000 | 1,331,000,000 | 1,351,000,000 | 1,309,000,000 | 1,264,000,000 | 1,268,000,000 | 1,201,000,000 | 1,180,000,000 | 1,168,000,000 | 1,153,000,000 | 1,142,000,000 | 1,087,000,000 | 1,174,000,000 | 1,072,000,000 | 1,052,000,000 | 1,056,000,000 | 887,000,000 | 635,000,000 | 625,000,000 | 1,254,000,000 | 914,000,000 | 801,000,000 | 1,924,000,000 | 1,919,000,000 | 1,933,000,000 | 1,886,000,000 | 1,763,000,000 | 1,810,000,000 | 1,833,000,000 | 1,793,000,000 | 1,698,000,000 | 1,698,000,000 | 1,654,000,000 | 1,620,000,000 | 1,573,000,000 | 1,556,000,000 | 1,538,000,000 | 1,518,000,000 | 1,432,000,000 | 1,447,000,000 | 1,518,000,000 | 1,557,000,000 | 1,462,000,000 | 1,597,000,000 | 1,668,000,000 | 1,657,000,000 | 1,594,000,000 | |||||||||||||||||||||
maintenance, materials and repairs | 982,000,000 | 968,000,000 | 1,028,000,000 | 927,000,000 | 922,000,000 | 971,000,000 | 989,000,000 | 950,000,000 | 884,000,000 | 876,000,000 | 870,000,000 | 808,000,000 | 712,000,000 | 735,000,000 | 685,000,000 | 647,000,000 | 617,000,000 | 596,000,000 | 548,000,000 | 459,000,000 | 376,000,000 | 330,000,000 | 337,000,000 | 287,000,000 | 629,000,000 | 635,000,000 | 610,000,000 | 575,000,000 | 561,000,000 | 551,000,000 | 526,000,000 | 505,000,000 | 469,000,000 | 485,000,000 | 487,000,000 | 495,000,000 | 492,000,000 | 482,000,000 | 481,000,000 | 453,000,000 | 419,000,000 | 437,000,000 | 456,000,000 | 502,000,000 | 494,000,000 | 523,000,000 | 529,000,000 | 514,000,000 | 485,000,000 | 152,000,000 | 350,000,000 | 375,000,000 | 383,000,000 | 353,000,000 | 347,000,000 | 357,000,000 | 343,000,000 | 301,000,000 | 345,000,000 | 334,000,000 | 305,000,000 | 304,000,000 | 334,000,000 | 340,000,000 | 351,000,000 | 332,000,000 | 329,000,000 | 314,000,000 | 305,000,000 | |
other rent and landing fees | 890,000,000 | 849,000,000 | 906,000,000 | 894,000,000 | 826,000,000 | 789,000,000 | 861,000,000 | 834,000,000 | 819,000,000 | 714,000,000 | 745,000,000 | 762,000,000 | 708,000,000 | 649,000,000 | 710,000,000 | 694,000,000 | 678,000,000 | 669,000,000 | 694,000,000 | 686,000,000 | 570,000,000 | 387,000,000 | 367,000,000 | 315,000,000 | 468,000,000 | 487,000,000 | 530,000,000 | 535,000,000 | 503,000,000 | 452,000,000 | 497,000,000 | 490,000,000 | 462,000,000 | 443,000,000 | 471,000,000 | 452,000,000 | 440,000,000 | 430,000,000 | 463,000,000 | 458,000,000 | 422,000,000 | 441,000,000 | 432,000,000 | 451,000,000 | 408,000,000 | 430,000,000 | 431,000,000 | 441,000,000 | 424,000,000 | |||||||||||||||||||||
aircraft rent | 309,000,000 | 310,000,000 | 310,000,000 | 303,000,000 | 297,000,000 | 297,000,000 | 303,000,000 | 314,000,000 | 328,000,000 | 338,000,000 | 342,000,000 | 344,000,000 | 344,000,000 | 350,000,000 | 347,000,000 | 345,000,000 | 353,000,000 | 361,000,000 | 358,000,000 | 356,000,000 | 351,000,000 | 337,000,000 | 336,000,000 | 334,000,000 | 334,000,000 | 330,000,000 | 335,000,000 | 334,000,000 | 327,000,000 | 343,000,000 | 312,000,000 | 305,000,000 | 304,000,000 | 305,000,000 | 304,000,000 | 294,000,000 | 295,000,000 | 295,000,000 | 299,000,000 | 302,000,000 | 306,000,000 | 309,000,000 | 308,000,000 | 316,000,000 | 317,000,000 | 313,000,000 | 306,000,000 | 312,000,000 | 320,000,000 | |||||||||||||||||||||
selling expenses | 507,000,000 | 530,000,000 | 483,000,000 | 535,000,000 | 450,000,000 | 481,000,000 | 468,000,000 | 456,000,000 | 408,000,000 | 442,000,000 | 430,000,000 | 489,000,000 | 438,000,000 | 484,000,000 | 495,000,000 | 504,000,000 | 332,000,000 | 353,000,000 | 318,000,000 | 277,000,000 | 151,000,000 | 95,000,000 | 70,000,000 | 43,000,000 | 305,000,000 | 408,000,000 | 424,000,000 | 401,000,000 | 370,000,000 | 384,000,000 | 395,000,000 | 385,000,000 | 356,000,000 | 383,000,000 | 400,000,000 | 376,000,000 | 318,000,000 | 333,000,000 | 347,000,000 | 334,000,000 | 308,000,000 | 343,000,000 | 366,000,000 | 350,000,000 | 336,000,000 | 348,000,000 | 393,000,000 | 402,000,000 | 401,000,000 | |||||||||||||||||||||
depreciation and amortization | 475,000,000 | 472,000,000 | 474,000,000 | 476,000,000 | 468,000,000 | 502,000,000 | 479,000,000 | 474,000,000 | 470,000,000 | 480,000,000 | 487,000,000 | 483,000,000 | 486,000,000 | 491,000,000 | 491,000,000 | 504,000,000 | 492,000,000 | 580,000,000 | 480,000,000 | 481,000,000 | 478,000,000 | 483,000,000 | 498,000,000 | 499,000,000 | 560,000,000 | 513,000,000 | 499,000,000 | 489,000,000 | 480,000,000 | 457,000,000 | 473,000,000 | 463,000,000 | 445,000,000 | 447,000,000 | 433,000,000 | 418,000,000 | 405,000,000 | 397,000,000 | 399,000,000 | 374,000,000 | 355,000,000 | 351,000,000 | 336,000,000 | 340,000,000 | 336,000,000 | 335,000,000 | 334,000,000 | 319,000,000 | 307,000,000 | 114,000,000 | 245,000,000 | 248,000,000 | 246,000,000 | 238,000,000 | 256,000,000 | 261,000,000 | 260,000,000 | 271,000,000 | 273,000,000 | 266,000,000 | 276,000,000 | 285,000,000 | 274,000,000 | 267,000,000 | 267,000,000 | 278,000,000 | 272,000,000 | 282,000,000 | 272,000,000 | |
special items | 14,000,000 | 34,000,000 | 7,000,000 | 47,000,000 | 70,000,000 | -15,000,000 | 554,000,000 | 70,000,000 | 9,000,000 | 949,000,000 | 13,000,000 | 4,000,000 | 37,000,000 | -5,000,000 | 157,000,000 | -20,000,000 | -990,000,000 | -1,288,000,000 | -1,708,000,000 | -295,000,000 | -1,494,000,000 | 1,132,000,000 | 148,000,000 | 228,000,000 | 121,000,000 | 138,000,000 | 224,000,000 | 215,000,000 | 152,000,000 | 195,000,000 | 280,000,000 | 112,000,000 | 202,000,000 | 119,000,000 | 259,000,000 | 289,000,000 | 62,000,000 | 99,000,000 | 441,000,000 | 163,000,000 | 144,000,000 | 303,000,000 | 465,000,000 | 221,000,000 | 251,000,000 | -137,000,000 | ||||||||||||||||||||||||
total operating expenses | 13,953,000,000 | 13,547,000,000 | 13,540,000,000 | 13,257,000,000 | 12,821,000,000 | 12,526,000,000 | 13,558,000,000 | 12,950,000,000 | 12,563,000,000 | 12,406,000,000 | 13,705,000,000 | 11,892,000,000 | 11,751,000,000 | 11,806,000,000 | 12,532,000,000 | 12,405,000,000 | 10,622,000,000 | 10,207,000,000 | 8,374,000,000 | 7,037,000,000 | 5,323,000,000 | 6,543,000,000 | 6,044,000,000 | 4,108,000,000 | 11,064,000,000 | 10,584,000,000 | 11,103,000,000 | 10,807,000,000 | 10,209,000,000 | 10,390,000,000 | 10,910,000,000 | 10,615,000,000 | 9,970,000,000 | 9,911,000,000 | 9,646,000,000 | 9,570,000,000 | 9,023,000,000 | 9,022,000,000 | 9,163,000,000 | 8,612,000,000 | 8,100,000,000 | 8,562,000,000 | 8,707,000,000 | 8,906,000,000 | 8,611,000,000 | 9,300,000,000 | 9,879,000,000 | 9,956,000,000 | 9,265,000,000 | 7,207,000,000 | 6,130,000,000 | 5,960,000,000 | 6,046,000,000 | 5,934,000,000 | 6,378,000,000 | 6,310,000,000 | 6,126,000,000 | 6,740,000,000 | 6,337,000,000 | 6,192,000,000 | 5,765,000,000 | 5,518,000,000 | 5,500,000,000 | 5,478,000,000 | 5,366,000,000 | 5,452,000,000 | 5,321,000,000 | 5,115,000,000 | 5,033,000,000 | |
operating income | -41,000,000 | 452,000,000 | 151,000,000 | 1,135,000,000 | -270,000,000 | 1,134,000,000 | 89,000,000 | 1,384,000,000 | 7,000,000 | 656,000,000 | -223,000,000 | 2,163,000,000 | 438,000,000 | 1,382,000,000 | 930,000,000 | 1,017,000,000 | -1,723,000,000 | -780,000,000 | 595,000,000 | 441,000,000 | -1,315,000,000 | -2,515,000,000 | -2,871,000,000 | -2,486,000,000 | -2,549,000,000 | 729,000,000 | 808,000,000 | 1,153,000,000 | 375,000,000 | 548,000,000 | 649,000,000 | 1,028,000,000 | 431,000,000 | 690,000,000 | 1,232,000,000 | 1,535,000,000 | 601,000,000 | 767,000,000 | 1,431,000,000 | 1,751,000,000 | 1,335,000,000 | 1,068,000,000 | 1,999,000,000 | 1,921,000,000 | 1,216,000,000 | 860,000,000 | 1,260,000,000 | 1,399,000,000 | 730,000,000 | 161,000,000 | 698,000,000 | 489,000,000 | 52,000,000 | 3,000,000 | 51,000,000 | 142,000,000 | -89,000,000 | -784,000,000 | 39,000,000 | -78,000,000 | -232,000,000 | 68,000,000 | 342,000,000 | 196,000,000 | -298,000,000 | -390,000,000 | -194,000,000 | -226,000,000 | -194,000,000 | |
yoy | -84.81% | -60.14% | 69.66% | -17.99% | -3957.14% | 72.87% | -139.91% | -36.01% | -98.40% | -52.53% | -123.98% | 112.68% | -125.42% | -277.18% | 56.30% | 130.61% | 31.03% | -68.99% | -120.72% | -117.74% | -48.41% | -444.99% | -455.32% | -315.61% | -779.73% | 33.03% | 24.50% | 12.16% | -12.99% | -20.58% | -47.32% | -33.03% | -28.29% | -10.04% | -13.91% | -12.34% | -54.98% | -28.18% | -28.41% | -8.85% | 9.79% | 24.19% | 58.65% | 37.31% | 66.58% | 434.16% | 80.52% | 186.09% | 1303.85% | 5266.67% | 1268.63% | 244.37% | -158.43% | -100.38% | 30.77% | -282.05% | -61.64% | -1252.94% | -88.60% | -139.80% | -22.15% | -117.44% | -276.29% | -186.73% | 53.61% | |||||
qoq | -109.07% | 199.34% | -86.70% | -520.37% | -123.81% | 1174.16% | -93.57% | 19671.43% | -98.93% | -394.17% | -110.31% | 393.84% | -68.31% | 48.60% | -8.55% | -159.02% | 120.90% | -231.09% | 34.92% | -133.54% | -47.71% | -12.40% | 15.49% | -2.47% | -449.66% | -9.78% | -29.92% | 207.47% | -31.57% | -15.56% | -36.87% | 138.52% | -37.54% | -43.99% | -19.74% | 155.41% | -21.64% | -46.40% | -18.28% | 31.16% | 25.00% | -46.57% | 4.06% | 57.98% | 41.40% | -31.75% | -9.94% | 91.64% | 353.42% | -76.93% | 42.74% | 840.38% | 1633.33% | -94.12% | -64.08% | -259.55% | -88.65% | -2110.26% | -150.00% | -66.38% | -441.18% | -80.12% | 74.49% | -165.77% | -23.59% | 101.03% | -14.16% | 16.49% | ||
operating margin % | -0.29% | 3.23% | 1.10% | 7.89% | -2.15% | 8.30% | 0.65% | 9.66% | 0.06% | 5.02% | -1.65% | 15.39% | 3.59% | 10.48% | 6.91% | 7.58% | -19.36% | -8.27% | 6.63% | 5.90% | -32.81% | -62.44% | -90.48% | -153.27% | -29.94% | 6.44% | 6.78% | 9.64% | 3.54% | 5.01% | 5.61% | 8.83% | 4.14% | 6.51% | 11.33% | 13.82% | 6.24% | 7.84% | 13.51% | 16.90% | 14.15% | 11.09% | 18.67% | 17.74% | 12.37% | 8.46% | 11.31% | 12.32% | 7.30% | 2.19% | 10.22% | 7.58% | 0.85% | 0.05% | 0.79% | 2.20% | -1.47% | -13.16% | 0.61% | -1.28% | -4.19% | 1.22% | 5.85% | 3.45% | -5.88% | -7.70% | -3.78% | -4.62% | -4.01% | |
nonoperating income: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest income | 55,000,000 | 72,000,000 | 90,000,000 | 100,000,000 | 94,000,000 | 105,000,000 | 117,000,000 | 128,000,000 | 118,000,000 | 135,000,000 | 168,000,000 | 162,000,000 | 125,000,000 | 109,000,000 | 70,000,000 | 29,000,000 | 8,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 4,000,000 | 5,000,000 | 5,000,000 | 10,000,000 | 21,000,000 | 24,000,000 | 34,000,000 | 35,000,000 | 33,000,000 | 34,000,000 | 29,000,000 | 30,000,000 | 25,000,000 | 24,000,000 | 25,000,000 | 24,000,000 | 21,000,000 | 18,000,000 | 16,000,000 | 16,000,000 | 13,000,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 | 9,000,000 | 7,000,000 | 8,000,000 | 7,000,000 | 6,000,000 | 5,000,000 | 5,000,000 | 4,000,000 | 6,000,000 | 7,000,000 | 7,000,000 | 6,000,000 | 6,000,000 | 6,000,000 | 7,000,000 | 7,000,000 | 7,000,000 | 8,000,000 | 6,000,000 | 5,000,000 | 7,000,000 | 7,000,000 | 9,000,000 | 11,000,000 | |
interest expense | -397,000,000 | -422,000,000 | -432,000,000 | -433,000,000 | -428,000,000 | -470,000,000 | -480,000,000 | -486,000,000 | -497,000,000 | -519,000,000 | -537,000,000 | -548,000,000 | -540,000,000 | -532,000,000 | -499,000,000 | -468,000,000 | -463,000,000 | -468,000,000 | -476,000,000 | -486,000,000 | -371,000,000 | -376,000,000 | -340,000,000 | -254,000,000 | -257,000,000 | -265,000,000 | -284,000,000 | -275,000,000 | -271,000,000 | -261,000,000 | -265,000,000 | -266,000,000 | -265,000,000 | -266,000,000 | -266,000,000 | -263,000,000 | -257,000,000 | -159,250,000 | -206,000,000 | -169,000,000 | -262,000,000 | -159,000,000 | -161,000,000 | -164,000,000 | -178,000,000 | -200,000,000 | -211,000,000 | -215,000,000 | -200,000,000 | -201,000,000 | -204,000,000 | -209,000,000 | -209,000,000 | -209,000,000 | -182,000,000 | -167,000,000 | -186,000,000 | |||||||||||||
other expense | -93,000,000 | -44,000,000 | -41,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total nonoperating expense | -435,000,000 | -310,000,000 | -293,000,000 | -297,000,000 | -378,000,000 | -339,000,000 | -345,000,000 | -356,000,000 | -420,000,000 | -624,000,000 | -467,000,000 | -400,000,000 | -421,000,000 | -372,000,000 | -272,000,000 | -414,000,000 | -363,000,000 | -411,000,000 | -389,000,000 | -432,000,000 | -258,000,000 | -294,000,000 | -224,000,000 | -173,000,000 | -341,000,000 | -158,000,000 | -251,000,000 | -271,000,000 | -130,000,000 | -162,000,000 | -193,000,000 | -259,000,000 | -158,000,000 | -265,000,000 | -228,000,000 | -244,000,000 | -236,000,000 | -267,000,000 | -242,000,000 | -258,000,000 | -218,000,000 | -823,000,000 | -290,000,000 | -202,000,000 | -273,000,000 | -293,000,000 | -311,000,000 | -195,000,000 | -237,000,000 | |||||||||||||||||||||
income before income taxes | -476,000,000 | 142,000,000 | -142,000,000 | 838,000,000 | -648,000,000 | 795,000,000 | -256,000,000 | 1,028,000,000 | -413,000,000 | 32,000,000 | -690,000,000 | 1,763,000,000 | 17,000,000 | 1,010,000,000 | 658,000,000 | 603,000,000 | -2,086,000,000 | -1,191,000,000 | 206,000,000 | 9,000,000 | -1,573,000,000 | -2,809,000,000 | -3,095,000,000 | -2,659,000,000 | -2,890,000,000 | 571,000,000 | 557,000,000 | 882,000,000 | 245,000,000 | 386,000,000 | 456,000,000 | 769,000,000 | 273,000,000 | 425,000,000 | 1,004,000,000 | 1,291,000,000 | 365,000,000 | 500,000,000 | 1,189,000,000 | 1,493,000,000 | 1,117,000,000 | 245,000,000 | 1,709,000,000 | 1,719,000,000 | 943,000,000 | 567,000,000 | 949,000,000 | 1,204,000,000 | 493,000,000 | -2,325,000,000 | 289,000,000 | 220,000,000 | -363,000,000 | -306,000,000 | -238,000,000 | -241,000,000 | -1,660,000,000 | -1,095,000,000 | -162,000,000 | -286,000,000 | -436,000,000 | -133,000,000 | 143,000,000 | -11,000,000 | -505,000,000 | -598,000,000 | -389,000,000 | -390,000,000 | -375,000,000 | |
income tax benefit | -94,000,000 | -175,000,000 | 7,000,000 | -451,000,000 | -10,000,000 | -323,000,000 | -649,000,000 | -30,000,000 | 7,000,000 | 340,000,000 | 13,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income | -382,000,000 | 99,000,000 | -114,000,000 | 599,000,000 | -473,000,000 | 590,000,000 | -149,000,000 | 717,000,000 | -312,000,000 | 19,000,000 | -545,000,000 | 1,338,000,000 | 10,000,000 | 803,000,000 | 483,000,000 | 476,000,000 | -1,635,000,000 | -932,000,000 | 169,000,000 | 19,000,000 | -1,250,000,000 | -2,178,000,000 | -2,399,000,000 | -2,067,000,000 | -2,241,000,000 | 414,000,000 | 425,000,000 | 662,000,000 | 185,000,000 | 318,000,000 | 341,000,000 | 566,000,000 | 186,000,000 | 258,000,000 | 624,000,000 | 803,000,000 | 234,000,000 | 289,000,000 | 737,000,000 | 950,000,000 | 700,000,000 | 3,281,000,000 | 1,693,000,000 | 1,704,000,000 | 932,000,000 | 597,000,000 | 942,000,000 | 864,000,000 | 480,000,000 | -534,750,000 | -238,000,000 | -241,000,000 | -1,660,000,000 | -221,000,000 | -162,000,000 | -286,000,000 | -436,000,000 | -11,000,000 | -505,000,000 | -390,000,000 | -375,000,000 | |||||||||
yoy | -19.24% | -83.22% | -23.49% | -16.46% | 51.60% | 3005.26% | -72.66% | -46.41% | -3220.00% | -97.63% | -212.84% | 181.09% | -100.61% | -186.16% | 185.80% | 2405.26% | 30.80% | -57.21% | -107.04% | -100.92% | -44.22% | -626.09% | -664.47% | -412.24% | -1311.35% | 30.19% | 24.63% | 16.96% | -0.54% | 23.26% | -45.35% | -29.51% | -20.51% | -10.73% | -15.33% | -15.47% | -66.57% | -91.19% | -56.47% | -44.25% | -24.89% | 449.58% | 79.72% | 97.22% | 94.17% | 141.97% | 46.91% | -15.73% | 280.73% | 2500.00% | -13.66% | -97.18% | 34.67% | |||||||||||||||||
qoq | -485.86% | -186.84% | -119.03% | -226.64% | -180.17% | -495.97% | -120.78% | -329.81% | -1742.11% | -103.49% | -140.73% | 13280.00% | -98.75% | 66.25% | 1.47% | -129.11% | 75.43% | -651.48% | 789.47% | -101.52% | -42.61% | -9.21% | 16.06% | -7.76% | -641.30% | -2.59% | -35.80% | 257.84% | -41.82% | -6.74% | -39.75% | 204.30% | -27.91% | -58.65% | -22.29% | 243.16% | -19.03% | -60.79% | -22.42% | 35.71% | -78.67% | 93.80% | -0.65% | 82.83% | 56.11% | -36.62% | 9.03% | 80.00% | 124.68% | -1.24% | -85.48% | 651.13% | 36.42% | -43.36% | -34.40% | -97.82% | 4.00% | |||||||||||||
net income margin % | -2.75% | 0.71% | -0.83% | 4.16% | -3.77% | 4.32% | -1.09% | 5.00% | -2.48% | 0.15% | -4.04% | 9.52% | 0.08% | 6.09% | 3.59% | 3.55% | -18.37% | -9.89% | 1.88% | 0.25% | -31.19% | -54.07% | -75.61% | -127.44% | -26.32% | 3.66% | 3.57% | 5.54% | 1.75% | 2.91% | 2.95% | 4.86% | 1.79% | 2.43% | 5.74% | 7.23% | 2.43% | 2.95% | 6.96% | 9.17% | 7.42% | 34.07% | 15.81% | 15.74% | 9.48% | 5.88% | 8.46% | 7.61% | 4.80% | 0% | 0% | 0% | 0% | -9.01% | -3.70% | -3.74% | -27.50% | -3.71% | -2.54% | -4.68% | -7.88% | 0% | 0% | -0.19% | -9.96% | 0% | 0% | -7.98% | -7.75% | |
loss per common share: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic and diluted | -580,000 | -720,000 | -2,520,000 | -1,970,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average shares outstanding | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic and diluted | 661,181,000,000 | 658,880,000,000 | 649,503,000,000 | 634,609,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other income | 40,000,000 | 49,000,000 | 36,000,000 | 26,000,000 | 18,000,000 | 2,000,000 | -240,000,000 | -98,000,000 | -14,000,000 | -6,000,000 | 51,000,000 | 157,000,000 | 25,000,000 | 92,000,000 | 52,000,000 | 82,000,000 | 49,000,000 | 109,000,000 | 77,000,000 | 111,000,000 | 71,000,000 | -105,000,000 | 83,000,000 | -1,000,000 | -31,000,000 | 108,000,000 | 65,000,000 | 43,000,000 | -23,000,000 | 82,000,000 | ||||||||||||||||||||||||||||||||||||||||
income tax provision | 43,000,000 | -28,000,000 | 239,000,000 | 205,000,000 | -107,000,000 | 311,000,000 | -101,000,000 | 13,000,000 | -145,000,000 | 425,000,000 | 207,000,000 | 175,000,000 | 127,000,000 | -74,000,000 | 37,000,000 | -484,250,000 | -696,000,000 | -592,000,000 | 157,000,000 | 132,000,000 | 220,000,000 | 60,000,000 | 68,000,000 | 115,000,000 | 203,000,000 | 87,000,000 | 167,000,000 | 380,000,000 | 488,000,000 | 131,000,000 | 211,000,000 | 452,000,000 | 543,000,000 | 417,000,000 | 10,500,000 | 16,000,000 | 15,000,000 | 11,000,000 | ||||||||||||||||||||||||||||||||
earnings per common share: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 150,000 | -170,000 | 910,000 | 900,000 | -230,000 | 1,090,000 | -480,000 | 30,000 | -830,000 | 2,050,000 | 20,000 | 1,240,000 | 740,000 | 730,000 | -1,440,000 | 260,000 | 30,000 | -3,600,000 | -4,710,000 | -4,820,000 | -5,260,000 | 950,000 | 960,000 | 1,490,000 | 410,000 | 690,000 | 740,000 | 1,220,000 | 390,000 | 550,000 | 1,290,000 | 1,640,000 | 460,000 | 620,000 | 1,400,000 | 1,690,000 | 1,150,000 | |||||||||||||||||||||||||||||||||
diluted | 150,000 | -170,000 | 910,000 | 850,000 | -230,000 | 1,010,000 | -480,000 | 50,000 | -830,000 | 1,880,000 | 20,000 | 1,230,000 | 690,000 | 680,000 | -1,440,000 | 250,000 | 30,000 | -3,600,000 | -4,710,000 | -4,820,000 | -5,260,000 | 950,000 | 960,000 | 1,490,000 | 410,000 | 690,000 | 740,000 | 1,220,000 | 390,000 | 550,000 | 1,280,000 | 1,630,000 | 460,000 | 610,000 | 1,400,000 | 1,680,000 | 1,140,000 | |||||||||||||||||||||||||||||||||
weighted-average shares outstanding | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 659,964,000,000 | 660,358,000,000 | 660,127,000,000 | 656,996,000,000 | 657,424,000,000 | 656,965,000,000 | 655,847,000,000 | 653,612,000,000 | 654,119,000,000 | 653,602,000,000 | 652,000,000,000 | 650,345,000,000 | 650,586,000,000 | 650,346,000,000 | 644,015,000,000 | 648,564,000,000 | 644,123,000,000 | 483,888,000,000 | 509,049,000,000 | 428,807,000,000 | 425,713,000,000 | 443,363,000,000 | 441,915,000,000 | 445,008,000,000 | 451,951,000,000 | 464,236,000,000 | 460,526,000,000 | 463,533,000,000 | 472,297,000,000 | 489,164,000,000 | 484,772,000,000 | 490,818,000,000 | 503,902,000,000 | 552,308,000,000 | 525,415,000,000 | 563,000,000,000 | 606,245,000,000 | 668,393 | 661,869 | 688,727 | 696,415 | 717,456 | 719,067 | 720,600 | 723,971 | 163,046 | ||||||||||||||||||||||||
diluted | 661,052,000,000 | 660,358,000,000 | 660,367,000,000 | 721,300,000,000 | 657,424,000,000 | 720,302,000,000 | 655,847,000,000 | 719,669,000,000 | 654,119,000,000 | 719,345,000,000 | 656,707,000,000 | 655,122,000,000 | 715,985,000,000 | 718,532,000,000 | 644,015,000,000 | 721,142,000,000 | 656,372,000,000 | 483,888,000,000 | 509,049,000,000 | 428,807,000,000 | 425,713,000,000 | 444,269,000,000 | 442,401,000,000 | 445,587,000,000 | 453,429,000,000 | 465,660,000,000 | 461,507,000,000 | 464,618,000,000 | 474,598,000,000 | 491,692,000,000 | 486,625,000,000 | 492,965,000,000 | 507,797,000,000 | 556,099,000,000 | 528,510,000,000 | 566,040,000,000 | 611,488,000,000 | 687,355 | 680,739 | 707,611 | 716,930 | 734,016 | 735,196 | 734,767 | 741,335 | 163,046 | ||||||||||||||||||||||||
cash dividends declared per common share | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 0.1 | 0.1 | 0.1 | 0.1 | |||||||||||||||||||||||||||||||||||||||||||||||||
mainline passenger | 7,257,000,000 | 7,628,000,000 | 7,747,000,000 | 6,607,000,000 | 6,717,000,000 | 7,419,000,000 | 7,209,000,000 | 6,564,000,000 | 6,739,000,000 | 7,654,000,000 | 7,655,000,000 | 6,989,000,000 | 7,238,000,000 | 8,093,000,000 | 8,213,000,000 | 7,258,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
regional passenger | 1,762,000,000 | 1,749,000,000 | 1,835,000,000 | 1,548,000,000 | 1,630,000,000 | 1,731,000,000 | 1,786,000,000 | 1,523,000,000 | 1,565,000,000 | 1,699,000,000 | 1,759,000,000 | 1,452,000,000 | 1,543,000,000 | 1,665,000,000 | 1,707,000,000 | 1,407,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense, net of capitalized interest | -253,000,000 | -250,000,000 | -249,000,000 | -239,000,000 | -229,000,000 | -219,000,000 | -223,000,000 | -210,000,000 | -220,000,000 | -210,000,000 | -214,000,000 | -243,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings per share: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 5.05 | 2.56 | 2.47 | 1.34 | 0.85 | 1.31 | 1.2 | 0.66 | -11.75 | 0.86 | 0.65 | -1.02 | 0.78 | -0.71 | -0.72 | -4.95 | -3.27 | -0.48 | -0.29 | 0.43 | -0.99 | -1.26 | ||||||||||||||||||||||||||||||||||||||||||||||||
diluted | 4.9 | 2.49 | 2.41 | 1.3 | 0.83 | 1.28 | 1.17 | 0.65 | -11.74 | 0.76 | 0.59 | -1.02 | 0.78 | -0.71 | -0.72 | -4.95 | -3.27 | -0.48 | -0.29 | 0.39 | -0.99 | -1.26 | ||||||||||||||||||||||||||||||||||||||||||||||||
operating revenues | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating expenses | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
nonoperating income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before reorganization items | 567,000,000 | 949,000,000 | 1,204,000,000 | 493,000,000 | -105,000,000 | 440,000,000 | 344,000,000 | -203,000,000 | 135,000,000 | -101,000,000 | -11,000,000 | -259,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
reorganization items | -2,220,000,000 | -151,000,000 | -124,000,000 | -160,000,000 | -441,000,000 | -137,000,000 | -230,000,000 | -1,401,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings per share | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 5.05 | 2.56 | 2.47 | 1.34 | 0.85 | 1.31 | 1.2 | 0.66 | -11.75 | 0.86 | 0.65 | -1.02 | 0.78 | -0.71 | -0.72 | -4.95 | -3.27 | -0.48 | -0.29 | 0.43 | -0.99 | -1.26 | ||||||||||||||||||||||||||||||||||||||||||||||||
diluted | 4.9 | 2.49 | 2.41 | 1.3 | 0.83 | 1.28 | 1.17 | 0.65 | -11.74 | 0.76 | 0.59 | -1.02 | 0.78 | -0.71 | -0.72 | -4.95 | -3.27 | -0.48 | -0.29 | 0.39 | -0.99 | -1.26 | ||||||||||||||||||||||||||||||||||||||||||||||||
revenues | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
passenger — american airlines | 3,688,750,000 | 5,253,000,000 | 4,888,000,000 | 4,614,000,000 | 3,575,750,000 | 4,909,000,000 | 4,837,000,000 | 4,557,000,000 | 4,195,000,000 | 4,455,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
— regional affiliates | 549,250,000 | 766,000,000 | 752,000,000 | 679,000,000 | 552,000,000 | 748,000,000 | 790,000,000 | 670,000,000 | 611,000,000 | 618,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other revenues | 484,500,000 | 646,000,000 | 642,000,000 | 650,000,000 | 621,000,000 | 616,000,000 | 650,000,000 | 642,000,000 | 645,000,000 | 649,000,000 | 659,000,000 | 653,000,000 | 599,000,000 | 602,000,000 | 625,000,000 | 585,000,000 | 581,000,000 | 586,000,000 | 565,000,000 | 558,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
expenses | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
aircraft fuel | 1,639,750,000 | 2,220,000,000 | 2,139,000,000 | 2,200,000,000 | 2,162,000,000 | 2,180,000,000 | 2,209,000,000 | 2,165,000,000 | 2,005,000,000 | 2,255,000,000 | 2,202,000,000 | 1,842,000,000 | 1,656,000,000 | 1,613,000,000 | 1,655,000,000 | 1,476,000,000 | 1,468,000,000 | 1,453,000,000 | 1,334,000,000 | 1,298,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
wages, salaries and benefits | 1,120,000,000 | 1,546,000,000 | 1,450,000,000 | 1,484,000,000 | 1,555,000,000 | 1,783,000,000 | 1,778,000,000 | 1,782,000,000 | 1,791,000,000 | 1,776,000,000 | 1,764,000,000 | 1,722,000,000 | 1,698,000,000 | 1,732,000,000 | 1,714,000,000 | 1,703,000,000 | 1,720,000,000 | 1,701,000,000 | 1,698,000,000 | 1,688,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
other rentals and landing fees | 257,000,000 | 338,000,000 | 343,000,000 | 346,000,000 | 314,000,000 | 329,000,000 | 333,000,000 | 328,000,000 | 362,000,000 | 363,000,000 | 355,000,000 | 352,000,000 | 359,000,000 | 355,000,000 | 352,000,000 | 352,000,000 | 347,000,000 | 344,000,000 | 338,000,000 | 324,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
commissions, booking fees and credit card expense | 203,250,000 | 280,000,000 | 257,000,000 | 276,000,000 | 244,000,000 | 277,000,000 | 263,000,000 | 266,000,000 | 253,000,000 | 285,000,000 | 268,000,000 | 256,000,000 | 238,000,000 | 256,000,000 | 248,000,000 | 234,000,000 | 207,000,000 | 222,000,000 | 207,000,000 | 217,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
aircraft rentals | 132,250,000 | 186,000,000 | 179,000,000 | 164,000,000 | 140,000,000 | 137,000,000 | 130,000,000 | 143,000,000 | 179,000,000 | 165,000,000 | 158,000,000 | 160,000,000 | 158,000,000 | 148,000,000 | 145,000,000 | 129,000,000 | 129,000,000 | 126,000,000 | 126,000,000 | 124,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
food service | 110,500,000 | 154,000,000 | 149,000,000 | 139,000,000 | 142,000,000 | 139,000,000 | 130,000,000 | 125,000,000 | 128,000,000 | 137,000,000 | 133,000,000 | 121,000,000 | 125,000,000 | 129,000,000 | 121,000,000 | 115,000,000 | 122,000,000 | 128,000,000 | 123,000,000 | 114,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
special charges and merger related | 14,000,000 | 15,000,000 | 13,000,000 | 28,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other operating expenses | 595,750,000 | 796,000,000 | 807,000,000 | 780,000,000 | 728,000,000 | 719,000,000 | 743,000,000 | 703,000,000 | 725,000,000 | 738,000,000 | 712,000,000 | 731,000,000 | 695,000,000 | 659,000,000 | 636,000,000 | 739,000,000 | 778,000,000 | 682,000,000 | 670,000,000 | 678,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
interest capitalized | 8,750,000 | 10,000,000 | 13,000,000 | 12,000,000 | 14,000,000 | 13,000,000 | 12,000,000 | 12,000,000 | 12,000,000 | 11,000,000 | 10,000,000 | 7,000,000 | 6,000,000 | 7,000,000 | 8,000,000 | 10,000,000 | 11,000,000 | 11,000,000 | 10,000,000 | 10,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
miscellaneous | -17,500,000 | -67,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income tax | -5,500,000 | -22,000,000 | -254,000,000 | -30,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net earnings | 41,750,000 | 289,000,000 | 220,000,000 | -341,000,000 | -98,000,000 | 143,000,000 | -344,000,000 | -359,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
miscellaneous — net | 6,000,000 | -9,000,000 | -7,250,000 | -11,000,000 | -8,000,000 | -10,000,000 | -13,000,000 | -10,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
special charges | 58,000,000 | 211,000,000 | 106,000,000 | 11,000,000 | 71,000,000 | 64,000,000 | 23,000,000 | 13,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
passenger – american airlines | 3,377,000,000 | 4,816,000,000 | 4,557,000,000 | 4,279,000,000 | 3,677,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
– regional affiliates | 505,750,000 | 735,000,000 | 711,000,000 | 600,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
miscellaneous – net | -11,000,000 | -7,000,000 | -10,000,000 | -12,000,000 | -17,000,000 | -31,000,000 | -16,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other income - sum | -208,000,000 | -204,000,000 | -201,000,000 | -199,000,000 | -207,000,000 | -207,000,000 | -208,000,000 | -195,000,000 | -164,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss per share | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | -0.85 | -1.31 | -0.03 | -1.39 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted | -0.85 | -1.31 | -0.03 | -1.39 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
passenger - american airlines | 4,134,000,000 | 3,831,000,000 | 3,798,000,000 | 3,882,000,000 | 3,680,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
- regional affiliates | 577,000,000 | 498,000,000 | 519,000,000 | 523,000,000 | 513,000,000 | 457,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
miscellaneous - net | -18,000,000 | -13,000,000 | -16,000,000 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-12-31 | 2013-09-30 | 2012-12-31 | 2011-12-31 | 2011-06-30 | 2011-03-31 | 2010-12-31 | 2010-09-30 | 2010-06-30 | 2010-03-31 | 2009-12-31 | 2009-10-21 | 2009-09-30 | 2009-06-30 | 2009-03-31 | 2008-12-31 |
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assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash | 903,000,000 | 954,000,000 | 835,000,000 | 833,000,000 | 835,000,000 | 804,000,000 | 834,000,000 | 605,000,000 | 604,000,000 | 578,000,000 | 577,000,000 | 614,000,000 | 452,000,000 | 440,000,000 | 332,000,000 | 401,000,000 | 376,000,000 | 273,000,000 | 293,000,000 | 325,000,000 | 277,000,000 | 245,000,000 | 253,000,000 | 462,000,000 | 474,000,000 | 280,000,000 | 312,000,000 | 319,000,000 | 337,000,000 | 275,000,000 | 303,000,000 | 293,000,000 | 297,000,000 | 295,000,000 | 340,000,000 | 386,000,000 | 374,000,000 | 322,000,000 | 381,000,000 | 446,000,000 | 495,000,000 | 390,000,000 | 1,016,000,000 | 952,000,000 | 1,048,000,000 | 994,000,000 | 1,178,000,000 | 1,210,000,000 | 1,259,000,000 | 1,140,000,000 | 480,000,000 | 283,000,000 | 318,000,000 | 286,000,000 | 168,000,000 | 202,000,000 | 197,000,000 | 189,000,000 | 153,000,000 | 171,000,000 | 171,000,000 | 191,000,000 | 187,000,000 | 191,000,000 | |
short-term investments | 6,391,000,000 | 4,882,000,000 | 6,023,000,000 | 7,740,000,000 | 6,631,000,000 | 6,180,000,000 | 7,638,000,000 | 7,841,000,000 | 7,696,000,000 | 7,000,000,000 | 10,005,000,000 | 11,447,000,000 | 11,041,000,000 | 8,525,000,000 | 10,900,000,000 | 12,121,000,000 | 12,108,000,000 | 12,158,000,000 | 14,243,000,000 | 17,625,000,000 | 13,762,000,000 | 6,619,000,000 | 8,031,000,000 | 9,351,000,000 | 3,102,000,000 | 3,546,000,000 | 4,856,000,000 | 5,088,000,000 | 4,012,000,000 | 4,485,000,000 | 4,552,000,000 | 4,381,000,000 | 4,994,000,000 | 4,771,000,000 | 5,428,000,000 | 6,500,000,000 | 6,302,000,000 | 6,037,000,000 | 6,374,000,000 | 6,672,000,000 | 6,435,000,000 | 5,864,000,000 | 7,857,000,000 | 7,967,000,000 | 8,125,000,000 | 6,309,000,000 | 6,721,000,000 | 8,249,000,000 | 8,405,000,000 | 8,111,000,000 | 3,412,000,000 | 3,718,000,000 | 4,858,000,000 | 5,513,000,000 | 4,328,000,000 | 4,355,000,000 | 4,887,000,000 | 4,357,000,000 | 4,246,000,000 | 3,941,000,000 | 3,941,000,000 | 2,617,000,000 | 2,677,000,000 | 2,916,000,000 | |
restricted cash and short-term investments | 717,000,000 | 735,000,000 | 760,000,000 | 807,000,000 | 647,000,000 | 732,000,000 | 752,000,000 | 875,000,000 | 895,000,000 | 910,000,000 | 925,000,000 | 984,000,000 | 955,000,000 | 995,000,000 | 953,000,000 | 997,000,000 | 952,000,000 | 990,000,000 | 923,000,000 | 999,000,000 | 806,000,000 | 609,000,000 | 508,000,000 | 539,000,000 | 157,000,000 | 158,000,000 | 158,000,000 | 157,000,000 | 156,000,000 | 154,000,000 | 154,000,000 | 183,000,000 | 294,000,000 | 318,000,000 | 393,000,000 | 554,000,000 | 543,000,000 | 638,000,000 | 635,000,000 | 640,000,000 | 691,000,000 | 695,000,000 | 710,000,000 | 747,000,000 | 757,000,000 | 774,000,000 | 875,000,000 | 882,000,000 | 947,000,000 | 1,035,000,000 | 850,000,000 | 738,000,000 | 457,000,000 | 455,000,000 | 450,000,000 | 447,000,000 | 461,000,000 | 460,000,000 | 460,000,000 | 459,000,000 | 459,000,000 | 460,000,000 | 462,000,000 | 459,000,000 | |
accounts receivable | 2,008,000,000 | 2,075,000,000 | 2,028,000,000 | 2,057,000,000 | 1,928,000,000 | 2,006,000,000 | 1,820,000,000 | 2,067,000,000 | 2,070,000,000 | 2,026,000,000 | 2,021,000,000 | 2,073,000,000 | 1,989,000,000 | 2,138,000,000 | 1,991,000,000 | 1,835,000,000 | 1,537,000,000 | 1,505,000,000 | 1,332,000,000 | 1,249,000,000 | 971,000,000 | 1,342,000,000 | 1,135,000,000 | 879,000,000 | 1,020,000,000 | 1,750,000,000 | 1,850,000,000 | 1,943,000,000 | 1,876,000,000 | 1,706,000,000 | 2,170,000,000 | 1,941,000,000 | 1,809,000,000 | 1,752,000,000 | 1,700,000,000 | 1,543,000,000 | 1,397,000,000 | 1,594,000,000 | 1,703,000,000 | 1,593,000,000 | 1,450,000,000 | 1,425,000,000 | 1,828,000,000 | 1,892,000,000 | 1,826,000,000 | 1,771,000,000 | 1,961,000,000 | 1,981,000,000 | 2,008,000,000 | 1,560,000,000 | |||||||||||||||
aircraft fuel, spare parts and supplies | 3,131,000,000 | 2,792,000,000 | 2,782,000,000 | 2,776,000,000 | 2,653,000,000 | 2,638,000,000 | 2,582,000,000 | 2,575,000,000 | 2,500,000,000 | 2,400,000,000 | 2,461,000,000 | 2,280,000,000 | 2,308,000,000 | 2,279,000,000 | 2,215,000,000 | 2,273,000,000 | 2,002,000,000 | 1,795,000,000 | 1,851,000,000 | 1,789,000,000 | 1,658,000,000 | 1,614,000,000 | 1,633,000,000 | 1,653,000,000 | 1,772,000,000 | 1,851,000,000 | 1,800,000,000 | 1,708,000,000 | 1,666,000,000 | 1,522,000,000 | 1,576,000,000 | 1,522,000,000 | 1,455,000,000 | 1,359,000,000 | 1,315,000,000 | 1,206,000,000 | 1,154,000,000 | 1,094,000,000 | 1,100,000,000 | 999,000,000 | 886,000,000 | 863,000,000 | 1,010,000,000 | 1,069,000,000 | 995,000,000 | 1,004,000,000 | 1,182,000,000 | 1,093,000,000 | 1,052,000,000 | 1,012,000,000 | |||||||||||||||
prepaid expenses and other | 834,000,000 | 767,000,000 | 822,000,000 | 855,000,000 | 909,000,000 | 794,000,000 | 830,000,000 | 832,000,000 | 777,000,000 | 658,000,000 | 719,000,000 | 822,000,000 | 907,000,000 | 892,000,000 | 986,000,000 | 898,000,000 | 787,000,000 | 615,000,000 | 553,000,000 | 660,000,000 | 615,000,000 | 666,000,000 | 780,000,000 | 905,000,000 | 650,000,000 | 621,000,000 | 596,000,000 | 635,000,000 | 607,000,000 | 495,000,000 | 743,000,000 | 856,000,000 | 824,000,000 | 651,000,000 | 826,000,000 | 827,000,000 | 856,000,000 | 639,000,000 | 855,000,000 | 834,000,000 | 845,000,000 | 748,000,000 | 1,285,000,000 | 1,482,000,000 | 1,378,000,000 | 1,260,000,000 | 1,533,000,000 | 1,551,000,000 | 1,522,000,000 | 1,465,000,000 | |||||||||||||||
total current assets | 13,984,000,000 | 12,205,000,000 | 13,250,000,000 | 15,068,000,000 | 13,603,000,000 | 13,154,000,000 | 14,456,000,000 | 14,795,000,000 | 14,542,000,000 | 13,572,000,000 | 16,708,000,000 | 18,220,000,000 | 17,652,000,000 | 15,269,000,000 | 17,377,000,000 | 18,525,000,000 | 17,762,000,000 | 17,336,000,000 | 19,195,000,000 | 22,647,000,000 | 18,089,000,000 | 11,095,000,000 | 12,340,000,000 | 13,789,000,000 | 7,175,000,000 | 8,206,000,000 | 9,572,000,000 | 9,850,000,000 | 8,654,000,000 | 8,637,000,000 | 9,498,000,000 | 9,176,000,000 | 9,673,000,000 | 9,146,000,000 | 10,002,000,000 | 11,016,000,000 | 10,626,000,000 | 10,324,000,000 | 11,048,000,000 | 11,184,000,000 | 10,802,000,000 | 9,985,000,000 | 13,706,000,000 | 14,109,000,000 | 14,129,000,000 | 12,112,000,000 | 13,450,000,000 | 14,966,000,000 | 15,193,000,000 | 14,323,000,000 | 7,072,000,000 | 6,757,000,000 | 7,997,000,000 | 8,825,000,000 | 6,838,000,000 | 6,837,000,000 | 7,344,000,000 | 6,834,000,000 | 6,642,000,000 | 6,453,000,000 | 6,453,000,000 | 5,140,000,000 | 5,362,000,000 | 5,935,000,000 | |
operating property and equipment | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
flight equipment | 47,303,000,000 | 46,597,000,000 | 44,994,000,000 | 44,219,000,000 | 43,738,000,000 | 43,521,000,000 | 43,110,000,000 | 42,752,000,000 | 42,074,000,000 | 41,794,000,000 | 40,934,000,000 | 40,570,000,000 | 40,020,000,000 | 39,703,000,000 | 39,154,000,000 | 38,754,000,000 | 38,359,000,000 | 37,856,000,000 | 37,689,000,000 | 37,577,000,000 | 37,480,000,000 | 37,816,000,000 | 37,576,000,000 | 38,672,000,000 | 39,305,000,000 | 42,537,000,000 | 42,320,000,000 | 42,437,000,000 | 42,013,000,000 | 41,499,000,000 | 40,983,000,000 | 40,854,000,000 | 40,662,000,000 | 40,318,000,000 | 39,545,000,000 | 39,329,000,000 | 38,352,000,000 | 37,028,000,000 | 36,259,000,000 | 35,553,000,000 | 34,407,000,000 | 33,185,000,000 | 31,872,000,000 | 30,829,000,000 | 29,273,000,000 | 28,213,000,000 | 27,212,000,000 | 26,113,000,000 | 24,687,000,000 | 23,730,000,000 | 287,000,000 | 641,000,000 | 11,962,000,000 | 12,110,000,000 | 605,000,000 | 12,367,000,000 | 12,279,000,000 | 12,293,000,000 | 651,000,000 | 12,260,000,000 | 12,260,000,000 | 12,266,000,000 | 12,356,000,000 | 561,000,000 | |
ground property and equipment | 10,605,000,000 | 10,479,000,000 | 10,366,000,000 | 10,304,000,000 | 10,306,000,000 | 10,202,000,000 | 10,105,000,000 | 10,198,000,000 | 10,397,000,000 | 10,307,000,000 | 10,156,000,000 | 9,996,000,000 | 10,030,000,000 | 9,913,000,000 | 9,696,000,000 | 9,595,000,000 | 9,418,000,000 | 9,335,000,000 | 9,114,000,000 | 9,132,000,000 | 9,108,000,000 | 9,194,000,000 | 9,451,000,000 | 9,386,000,000 | 9,602,000,000 | 9,443,000,000 | 9,232,000,000 | 9,007,000,000 | 8,932,000,000 | 8,764,000,000 | 9,187,000,000 | 8,903,000,000 | 8,599,000,000 | 8,267,000,000 | 7,902,000,000 | 7,580,000,000 | 7,332,000,000 | 7,116,000,000 | 6,915,000,000 | 6,726,000,000 | 6,561,000,000 | 6,402,000,000 | 6,262,000,000 | 6,132,000,000 | 6,013,000,000 | 5,900,000,000 | 5,812,000,000 | 5,712,000,000 | 5,663,000,000 | 5,585,000,000 | |||||||||||||||
equipment purchase deposits | 592,000,000 | 656,000,000 | 850,000,000 | 976,000,000 | 1,063,000,000 | 1,012,000,000 | 1,098,000,000 | 1,052,000,000 | 1,126,000,000 | 760,000,000 | 799,000,000 | 767,000,000 | 640,000,000 | 613,000,000 | 643,000,000 | 617,000,000 | 545,000,000 | 517,000,000 | 626,000,000 | 714,000,000 | 1,136,000,000 | 1,446,000,000 | 1,899,000,000 | 1,786,000,000 | 1,740,000,000 | 1,674,000,000 | 1,567,000,000 | 1,372,000,000 | 1,211,000,000 | 1,278,000,000 | 1,330,000,000 | 1,392,000,000 | 1,231,000,000 | 1,217,000,000 | 1,280,000,000 | 1,212,000,000 | 1,247,000,000 | 1,209,000,000 | 1,149,000,000 | 1,136,000,000 | 1,058,000,000 | 1,067,000,000 | 1,073,000,000 | 1,124,000,000 | 1,265,000,000 | 1,230,000,000 | 1,172,000,000 | 1,043,000,000 | 1,045,000,000 | 1,077,000,000 | |||||||||||||||
total property and equipment, at cost | 58,500,000,000 | 57,732,000,000 | 56,210,000,000 | 55,499,000,000 | 55,107,000,000 | 54,735,000,000 | 54,313,000,000 | 54,002,000,000 | 53,597,000,000 | 52,861,000,000 | 51,889,000,000 | 51,333,000,000 | 50,690,000,000 | 50,229,000,000 | 49,493,000,000 | 48,966,000,000 | 48,322,000,000 | 47,708,000,000 | 47,429,000,000 | 47,423,000,000 | 47,724,000,000 | 48,456,000,000 | 48,926,000,000 | 49,844,000,000 | 50,647,000,000 | 53,654,000,000 | 53,119,000,000 | 52,816,000,000 | 52,156,000,000 | 51,541,000,000 | 51,500,000,000 | 51,149,000,000 | 50,492,000,000 | 49,802,000,000 | 48,727,000,000 | 48,121,000,000 | 46,931,000,000 | 45,353,000,000 | 44,323,000,000 | 43,415,000,000 | 42,026,000,000 | 40,654,000,000 | 39,207,000,000 | 38,085,000,000 | 36,551,000,000 | 35,343,000,000 | 34,196,000,000 | 32,868,000,000 | 31,395,000,000 | 30,392,000,000 | |||||||||||||||
less accumulated depreciation and amortization | -25,675,000,000 | -25,192,000,000 | -24,752,000,000 | -24,298,000,000 | -23,792,000,000 | -23,608,000,000 | -23,467,000,000 | -22,958,000,000 | -22,440,000,000 | -22,097,000,000 | -21,571,000,000 | -21,062,000,000 | -20,546,000,000 | -20,029,000,000 | -19,506,000,000 | -18,972,000,000 | -18,464,000,000 | -18,171,000,000 | -17,632,000,000 | -17,218,000,000 | -16,827,000,000 | -16,757,000,000 | -16,670,000,000 | -16,493,000,000 | -16,441,000,000 | -18,659,000,000 | -18,500,000,000 | -18,114,000,000 | -17,746,000,000 | -17,443,000,000 | -17,277,000,000 | -16,725,000,000 | -16,159,000,000 | -15,646,000,000 | -15,416,000,000 | -15,128,000,000 | -14,640,000,000 | -14,194,000,000 | -14,019,000,000 | -13,804,000,000 | -13,393,000,000 | -13,144,000,000 | -12,915,000,000 | -12,797,000,000 | -12,509,000,000 | -12,259,000,000 | -12,033,000,000 | -11,632,000,000 | -11,451,000,000 | 11,133,000,000 | |||||||||||||||
total property and equipment | 32,825,000,000 | 32,540,000,000 | 31,458,000,000 | 31,201,000,000 | 31,315,000,000 | 31,127,000,000 | 30,846,000,000 | 31,044,000,000 | 31,157,000,000 | 30,764,000,000 | 30,318,000,000 | 30,271,000,000 | 30,144,000,000 | 30,200,000,000 | 29,987,000,000 | 29,994,000,000 | 29,858,000,000 | 29,537,000,000 | 29,797,000,000 | 30,205,000,000 | 30,897,000,000 | 31,699,000,000 | 32,256,000,000 | 33,351,000,000 | 34,206,000,000 | 34,995,000,000 | 34,619,000,000 | 34,702,000,000 | 34,410,000,000 | 34,098,000,000 | 34,223,000,000 | 34,424,000,000 | 34,333,000,000 | 34,156,000,000 | 33,311,000,000 | 32,993,000,000 | 32,291,000,000 | 31,159,000,000 | 30,304,000,000 | 29,611,000,000 | 28,633,000,000 | 27,510,000,000 | 26,292,000,000 | 25,288,000,000 | 24,042,000,000 | 23,084,000,000 | 22,163,000,000 | 21,236,000,000 | 19,944,000,000 | 19,259,000,000 | |||||||||||||||
operating lease right-of-use assets | 6,943,000,000 | 7,091,000,000 | 7,495,000,000 | 7,488,000,000 | 7,442,000,000 | 7,333,000,000 | 7,709,000,000 | 7,873,000,000 | 7,899,000,000 | 7,939,000,000 | 7,878,000,000 | 8,076,000,000 | 7,838,000,000 | 8,094,000,000 | 7,549,000,000 | 7,510,000,000 | 7,745,000,000 | 7,850,000,000 | 7,804,000,000 | 7,958,000,000 | 8,000,000,000 | 8,039,000,000 | 7,979,000,000 | 8,323,000,000 | 8,619,000,000 | 8,737,000,000 | 8,842,000,000 | 9,102,000,000 | 9,124,000,000 | 9,151,000,000 | |||||||||||||||||||||||||||||||||||
other assets | 1,374,000,000 | 1,413,000,000 | 1,374,000,000 | 1,368,000,000 | 1,461,000,000 | 1,549,000,000 | 1,612,000,000 | 1,607,000,000 | 1,660,000,000 | 1,753,000,000 | 1,788,000,000 | 1,887,000,000 | 1,916,000,000 | 1,904,000,000 | 1,900,000,000 | 1,906,000,000 | 1,975,000,000 | 2,109,000,000 | 1,970,000,000 | 1,924,000,000 | 1,921,000,000 | 1,816,000,000 | 1,643,000,000 | 1,216,000,000 | 1,193,000,000 | 1,237,000,000 | 1,290,000,000 | 1,325,000,000 | 1,386,000,000 | 1,321,000,000 | 1,383,000,000 | 1,375,000,000 | 1,409,000,000 | 1,373,000,000 | 2,245,000,000 | 2,107,000,000 | 2,004,000,000 | 2,029,000,000 | 1,952,000,000 | 1,987,000,000 | 2,075,000,000 | 2,103,000,000 | 2,365,000,000 | 2,106,000,000 | 2,211,000,000 | 2,244,000,000 | 2,166,000,000 | 2,190,000,000 | 2,192,000,000 | 2,299,000,000 | 2,167,000,000 | 1,891,000,000 | 1,716,000,000 | 2,247,000,000 | 2,236,000,000 | 2,257,000,000 | 2,300,000,000 | 2,317,000,000 | 2,332,000,000 | 2,614,000,000 | 2,614,000,000 | 2,328,000,000 | 2,480,000,000 | 2,396,000,000 | |
goodwill | 4,091,000,000 | 4,091,000,000 | 4,091,000,000 | 4,091,000,000 | 4,091,000,000 | 4,091,000,000 | 4,091,000,000 | 4,091,000,000 | 4,091,000,000 | 4,091,000,000 | 4,091,000,000 | 4,091,000,000 | 4,091,000,000 | 4,091,000,000 | 4,091,000,000 | 4,091,000,000 | 4,091,000,000 | 4,091,000,000 | 4,091,000,000 | 4,091,000,000 | 4,091,000,000 | 4,091,000,000 | 4,091,000,000 | 4,091,000,000 | 4,091,000,000 | 4,091,000,000 | 4,091,000,000 | 4,091,000,000 | 4,091,000,000 | 4,091,000,000 | 4,091,000,000 | 4,091,000,000 | 4,091,000,000 | 4,091,000,000 | 4,091,000,000 | 4,091,000,000 | 4,091,000,000 | 4,091,000,000 | 4,091,000,000 | 4,091,000,000 | 4,091,000,000 | 4,091,000,000 | 4,091,000,000 | 4,091,000,000 | 4,091,000,000 | 4,091,000,000 | 4,089,000,000 | 4,089,000,000 | 4,089,000,000 | 4,086,000,000 | |||||||||||||||
intangibles, net of accumulated amortization of 850 and 848, respectively | 2,064,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred tax asset | 2,457,000,000 | 2,368,000,000 | 2,435,000,000 | 2,411,000,000 | 2,655,000,000 | 2,485,000,000 | 2,768,000,000 | 2,668,000,000 | 2,986,000,000 | 2,888,000,000 | 2,875,000,000 | 2,660,000,000 | 3,088,000,000 | 3,099,000,000 | 3,679,000,000 | 3,858,000,000 | 4,000,000,000 | 3,556,000,000 | 3,582,000,000 | 3,631,000,000 | 3,632,000,000 | 3,239,000,000 | 2,425,000,000 | 1,725,000,000 | 1,237,000,000 | 645,000,000 | 666,000,000 | 792,000,000 | 1,007,000,000 | 1,145,000,000 | 1,293,000,000 | 1,399,000,000 | 1,581,000,000 | 427,000,000 | 538,000,000 | 905,000,000 | 1,379,000,000 | 1,498,000,000 | 1,524,000,000 | 1,965,000,000 | 2,072,000,000 | 2,477,000,000 | |||||||||||||||||||||||
total other assets | 9,986,000,000 | 9,938,000,000 | 9,938,000,000 | 9,910,000,000 | 10,249,000,000 | 10,169,000,000 | 10,517,000,000 | 10,413,000,000 | 10,786,000,000 | 10,783,000,000 | 10,807,000,000 | 10,693,000,000 | 11,152,000,000 | 11,153,000,000 | 11,739,000,000 | 11,934,000,000 | 12,036,000,000 | 11,744,000,000 | 11,641,000,000 | 11,654,000,000 | 11,663,000,000 | 11,175,000,000 | 10,198,000,000 | 9,081,000,000 | 8,580,000,000 | 8,057,000,000 | 8,142,000,000 | 8,313,000,000 | 8,599,000,000 | 8,694,000,000 | 8,914,000,000 | 9,022,000,000 | 9,274,000,000 | 8,094,000,000 | 9,088,000,000 | 9,327,000,000 | 9,710,000,000 | 9,791,000,000 | 9,756,000,000 | 10,256,000,000 | 10,474,000,000 | 10,920,000,000 | 8,717,000,000 | 8,471,000,000 | 8,583,000,000 | 8,575,000,000 | 8,560,000,000 | 8,609,000,000 | 8,600,000,000 | 8,696,000,000 | |||||||||||||||
total assets | 63,738,000,000 | 61,774,000,000 | 62,141,000,000 | 63,667,000,000 | 62,609,000,000 | 61,783,000,000 | 63,528,000,000 | 64,125,000,000 | 64,384,000,000 | 63,058,000,000 | 65,711,000,000 | 67,260,000,000 | 66,786,000,000 | 64,716,000,000 | 66,652,000,000 | 67,963,000,000 | 67,401,000,000 | 66,467,000,000 | 68,437,000,000 | 72,464,000,000 | 68,649,000,000 | 62,008,000,000 | 62,773,000,000 | 64,544,000,000 | 58,580,000,000 | 59,995,000,000 | 61,175,000,000 | 61,967,000,000 | 60,787,000,000 | 60,580,000,000 | 52,635,000,000 | 52,622,000,000 | 53,280,000,000 | 51,396,000,000 | 52,401,000,000 | 53,336,000,000 | 52,627,000,000 | 51,274,000,000 | 51,108,000,000 | 51,051,000,000 | 49,909,000,000 | 48,415,000,000 | 48,715,000,000 | 47,868,000,000 | 46,754,000,000 | 43,771,000,000 | 44,173,000,000 | 44,811,000,000 | 43,737,000,000 | 42,278,000,000 | 23,510,000,000 | 23,848,000,000 | 25,088,000,000 | 25,438,000,000 | 25,175,000,000 | ||||||||||
liabilities and stockholders’ equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current liabilities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current maturities of long-term debt and finance leases | 4,195,000,000 | 3,753,000,000 | 3,604,000,000 | 4,605,000,000 | 4,729,000,000 | 5,322,000,000 | 5,384,000,000 | 4,120,000,000 | 4,102,000,000 | 3,632,000,000 | 3,767,000,000 | 3,874,000,000 | 3,579,000,000 | 3,274,000,000 | 2,749,000,000 | 2,106,000,000 | 2,382,000,000 | 2,489,000,000 | 2,550,000,000 | 2,798,000,000 | 2,444,000,000 | 2,797,000,000 | 2,710,000,000 | 2,575,000,000 | 3,518,000,000 | 2,861,000,000 | 3,608,000,000 | 3,500,000,000 | 3,370,000,000 | 3,294,000,000 | |||||||||||||||||||||||||||||||||||
accounts payable | 3,610,000,000 | 2,840,000,000 | 2,833,000,000 | 3,130,000,000 | 3,114,000,000 | 2,455,000,000 | 2,623,000,000 | 3,016,000,000 | 2,927,000,000 | 2,353,000,000 | 2,123,000,000 | 2,406,000,000 | 2,455,000,000 | 2,149,000,000 | 2,117,000,000 | 2,733,000,000 | 2,546,000,000 | 1,772,000,000 | 1,835,000,000 | 2,172,000,000 | 1,624,000,000 | 1,196,000,000 | 1,077,000,000 | 1,175,000,000 | 1,648,000,000 | 2,062,000,000 | 1,932,000,000 | 2,118,000,000 | 2,139,000,000 | 1,773,000,000 | 1,886,000,000 | 2,053,000,000 | 1,953,000,000 | 1,688,000,000 | 1,638,000,000 | 1,924,000,000 | 1,882,000,000 | 1,592,000,000 | 1,673,000,000 | 1,944,000,000 | 1,913,000,000 | 1,563,000,000 | 1,525,000,000 | 1,683,000,000 | 1,587,000,000 | 1,377,000,000 | 1,498,000,000 | 1,653,000,000 | 1,646,000,000 | 1,368,000,000 | 1,244,000,000 | 1,007,000,000 | 1,291,000,000 | 1,267,000,000 | 1,156,000,000 | 1,220,000,000 | 1,305,000,000 | 1,140,000,000 | 1,064,000,000 | 1,081,000,000 | 1,081,000,000 | 1,143,000,000 | 1,005,000,000 | 952,000,000 | |
accrued salaries and wages | 1,969,000,000 | 2,128,000,000 | 2,053,000,000 | 1,900,000,000 | 1,827,000,000 | 2,150,000,000 | 2,484,000,000 | 1,767,000,000 | 1,726,000,000 | 2,377,000,000 | 3,262,000,000 | 1,723,000,000 | 1,809,000,000 | 1,713,000,000 | 1,662,000,000 | 1,505,000,000 | 1,369,000,000 | 1,489,000,000 | 1,501,000,000 | 1,580,000,000 | 1,576,000,000 | 1,716,000,000 | 1,919,000,000 | 1,518,000,000 | 1,633,000,000 | 1,541,000,000 | 1,413,000,000 | 1,304,000,000 | 1,217,000,000 | 1,427,000,000 | 1,386,000,000 | 1,299,000,000 | 1,178,000,000 | 1,672,000,000 | 1,413,000,000 | 1,295,000,000 | 1,064,000,000 | 1,516,000,000 | 1,365,000,000 | 1,327,000,000 | 1,183,000,000 | 1,205,000,000 | 1,162,000,000 | 1,040,000,000 | 1,009,000,000 | 1,194,000,000 | 1,054,000,000 | 961,000,000 | 908,000,000 | 1,143,000,000 | 666,000,000 | 524,000,000 | 498,000,000 | 488,000,000 | 519,000,000 | ||||||||||
air traffic liability | 10,031,000,000 | 7,158,000,000 | 8,092,000,000 | 8,240,000,000 | 8,932,000,000 | 6,759,000,000 | 7,551,000,000 | 8,030,000,000 | 8,526,000,000 | 6,200,000,000 | 7,673,000,000 | 8,530,000,000 | 9,053,000,000 | 6,745,000,000 | 8,161,000,000 | 8,969,000,000 | 8,346,000,000 | 6,087,000,000 | 6,450,000,000 | 7,095,000,000 | 5,598,000,000 | 4,757,000,000 | 4,903,000,000 | 5,119,000,000 | 5,473,000,000 | 4,808,000,000 | 5,569,000,000 | 5,956,000,000 | 5,930,000,000 | 4,339,000,000 | 5,040,000,000 | 5,512,000,000 | 5,549,000,000 | 3,978,000,000 | 4,653,000,000 | 5,222,000,000 | 5,298,000,000 | 3,912,000,000 | 4,513,000,000 | 4,984,000,000 | 4,692,000,000 | 3,747,000,000 | 4,811,000,000 | 5,664,000,000 | 5,415,000,000 | 4,252,000,000 | 4,952,000,000 | 5,683,000,000 | 5,686,000,000 | 4,380,000,000 | 4,524,000,000 | 4,223,000,000 | 4,634,000,000 | 4,290,000,000 | 3,656,000,000 | 3,895,000,000 | 4,179,000,000 | 3,906,000,000 | 3,431,000,000 | 3,573,000,000 | 3,573,000,000 | 3,847,000,000 | 3,845,000,000 | 3,708,000,000 | |
loyalty program liability | 4,210,000,000 | 3,725,000,000 | 3,699,000,000 | 3,666,000,000 | 3,663,000,000 | 3,556,000,000 | 3,584,000,000 | 3,619,000,000 | 3,618,000,000 | 3,453,000,000 | 3,491,000,000 | 3,492,000,000 | 3,486,000,000 | 3,169,000,000 | 3,006,000,000 | 3,065,000,000 | 3,110,000,000 | 2,896,000,000 | 2,791,000,000 | 2,632,000,000 | 2,323,000,000 | 2,033,000,000 | 2,051,000,000 | 2,354,000,000 | 3,094,000,000 | 3,193,000,000 | 3,197,000,000 | 3,310,000,000 | 3,354,000,000 | 3,267,000,000 | 3,242,000,000 | 3,191,000,000 | 3,176,000,000 | 2,791,000,000 | 2,893,000,000 | 3,014,000,000 | 3,056,000,000 | 2,789,000,000 | 2,950,000,000 | 2,511,000,000 | 2,535,000,000 | 2,525,000,000 | |||||||||||||||||||||||
operating lease liabilities | 1,053,000,000 | 1,058,000,000 | 1,143,000,000 | 1,120,000,000 | 1,096,000,000 | 1,092,000,000 | 1,173,000,000 | 1,209,000,000 | 1,273,000,000 | 1,309,000,000 | 1,387,000,000 | 1,431,000,000 | 1,439,000,000 | 1,465,000,000 | 1,467,000,000 | 1,483,000,000 | 1,490,000,000 | 1,507,000,000 | 1,490,000,000 | 1,587,000,000 | 1,595,000,000 | 1,651,000,000 | 1,736,000,000 | 1,804,000,000 | 1,752,000,000 | 1,708,000,000 | 1,672,000,000 | 1,639,000,000 | 1,629,000,000 | 1,654,000,000 | |||||||||||||||||||||||||||||||||||
fuel financing | 360,000,000 | 914,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other accrued liabilities | 2,978,000,000 | 2,916,000,000 | 3,214,000,000 | 3,110,000,000 | 2,751,000,000 | 2,961,000,000 | 2,733,000,000 | 2,849,000,000 | 2,821,000,000 | 2,738,000,000 | 2,677,000,000 | 2,860,000,000 | 2,769,000,000 | 2,981,000,000 | 2,808,000,000 | 2,909,000,000 | 2,623,000,000 | 2,766,000,000 | 2,321,000,000 | 3,657,000,000 | 2,173,000,000 | 2,419,000,000 | 2,188,000,000 | 3,455,000,000 | 2,095,000,000 | 2,138,000,000 | 2,169,000,000 | 2,296,000,000 | 2,210,000,000 | 2,342,000,000 | 2,301,000,000 | 2,401,000,000 | 2,359,000,000 | 2,281,000,000 | 2,243,000,000 | 2,323,000,000 | 2,272,000,000 | 2,208,000,000 | 2,234,000,000 | 2,436,000,000 | 2,344,000,000 | 2,334,000,000 | 2,302,000,000 | 2,271,000,000 | 2,162,000,000 | 2,097,000,000 | 2,074,000,000 | 2,389,000,000 | 2,447,000,000 | 2,464,000,000 | |||||||||||||||
total current liabilities | 28,406,000,000 | 24,492,000,000 | 24,638,000,000 | 25,771,000,000 | 26,112,000,000 | 24,295,000,000 | 25,532,000,000 | 24,610,000,000 | 24,993,000,000 | 22,062,000,000 | 24,380,000,000 | 24,316,000,000 | 24,590,000,000 | 21,496,000,000 | 21,970,000,000 | 22,770,000,000 | 21,866,000,000 | 19,006,000,000 | 18,938,000,000 | 21,521,000,000 | 17,333,000,000 | 16,569,000,000 | 16,584,000,000 | 18,000,000,000 | 19,213,000,000 | 18,311,000,000 | 19,560,000,000 | 20,123,000,000 | 19,849,000,000 | 18,096,000,000 | 16,348,000,000 | 16,669,000,000 | 17,008,000,000 | 14,964,000,000 | 15,307,000,000 | 16,112,000,000 | 15,286,000,000 | 13,872,000,000 | 14,533,000,000 | 14,917,000,000 | 15,277,000,000 | 13,605,000,000 | 14,161,000,000 | 15,045,000,000 | 14,233,000,000 | 13,435,000,000 | 13,888,000,000 | 15,088,000,000 | 15,079,000,000 | 13,806,000,000 | 9,304,000,000 | 8,630,000,000 | 9,766,000,000 | 9,853,000,000 | 8,780,000,000 | 8,939,000,000 | 9,359,000,000 | 8,241,000,000 | 7,728,000,000 | 7,901,000,000 | 7,901,000,000 | 8,270,000,000 | 8,908,000,000 | 9,374,000,000 | |
noncurrent liabilities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
long-term debt and finance leases, net of current maturities | 23,522,000,000 | 25,254,000,000 | 25,113,000,000 | 25,276,000,000 | 24,713,000,000 | 25,154,000,000 | 26,268,000,000 | 27,636,000,000 | 28,228,000,000 | 29,270,000,000 | 29,722,000,000 | 30,772,000,000 | 31,586,000,000 | 32,389,000,000 | 34,185,000,000 | 34,963,000,000 | 35,461,000,000 | 35,571,000,000 | 36,047,000,000 | 37,201,000,000 | 37,247,000,000 | 29,796,000,000 | 30,076,000,000 | 28,698,000,000 | 21,564,000,000 | 21,454,000,000 | 21,625,000,000 | 21,791,000,000 | 20,660,000,000 | 21,179,000,000 | |||||||||||||||||||||||||||||||||||
pension and postretirement benefits | 1,219,000,000 | 1,568,000,000 | 1,759,000,000 | 1,814,000,000 | 1,869,000,000 | 2,128,000,000 | 2,568,000,000 | 2,652,000,000 | 2,709,000,000 | 3,044,000,000 | 2,929,000,000 | 2,694,000,000 | 2,737,000,000 | 2,837,000,000 | 4,601,000,000 | 4,755,000,000 | 4,913,000,000 | 5,053,000,000 | 6,495,000,000 | 6,627,000,000 | 6,765,000,000 | 7,069,000,000 | 6,310,000,000 | 6,019,000,000 | 6,107,000,000 | 6,052,000,000 | 5,609,000,000 | 5,641,000,000 | 6,519,000,000 | 6,907,000,000 | 6,898,000,000 | 7,118,000,000 | 7,259,000,000 | 7,497,000,000 | 7,467,000,000 | 7,500,000,000 | 7,808,000,000 | 7,842,000,000 | 7,387,000,000 | 7,426,000,000 | 7,440,000,000 | 7,450,000,000 | 7,433,000,000 | 7,477,000,000 | 7,517,000,000 | 7,562,000,000 | 4,964,000,000 | 5,704,000,000 | 5,766,000,000 | 5,828,000,000 | 6,780,000,000 | 9,204,000,000 | 7,969,000,000 | 7,926,000,000 | 7,877,000,000 | 7,409,000,000 | 7,598,000,000 | 7,531,000,000 | 7,397,000,000 | 7,005,000,000 | 7,005,000,000 | 6,881,000,000 | 6,739,000,000 | 6,614,000,000 | |
other liabilities | 1,530,000,000 | 1,443,000,000 | 1,574,000,000 | 1,671,000,000 | 1,653,000,000 | 1,709,000,000 | 1,631,000,000 | 1,460,000,000 | 1,503,000,000 | 1,558,000,000 | 1,653,000,000 | 1,473,000,000 | 1,438,000,000 | 1,258,000,000 | 1,367,000,000 | 1,395,000,000 | 1,378,000,000 | 1,328,000,000 | 1,422,000,000 | 1,397,000,000 | 1,456,000,000 | 1,502,000,000 | 1,605,000,000 | 1,416,000,000 | 1,336,000,000 | 1,453,000,000 | 1,361,000,000 | 1,367,000,000 | 1,396,000,000 | 1,393,000,000 | 2,366,000,000 | 2,357,000,000 | 2,475,000,000 | 2,498,000,000 | 3,462,000,000 | 3,484,000,000 | 2,753,000,000 | 2,760,000,000 | 2,698,000,000 | 2,675,000,000 | 2,723,000,000 | 2,535,000,000 | 3,624,000,000 | 3,604,000,000 | 3,539,000,000 | 3,403,000,000 | 3,589,000,000 | 3,408,000,000 | 3,241,000,000 | 3,159,000,000 | |||||||||||||||
total noncurrent liabilities | 39,409,000,000 | 41,009,000,000 | 41,465,000,000 | 41,766,000,000 | 41,005,000,000 | 41,465,000,000 | 42,850,000,000 | 44,261,000,000 | 44,891,000,000 | 46,198,000,000 | 46,467,000,000 | 47,329,000,000 | 47,967,000,000 | 49,019,000,000 | 52,575,000,000 | 53,615,000,000 | 54,475,000,000 | 54,801,000,000 | 56,936,000,000 | 58,610,000,000 | 59,261,000,000 | 52,306,000,000 | 51,717,000,000 | 49,713,000,000 | 42,003,000,000 | 41,802,000,000 | 41,455,000,000 | 41,866,000,000 | 41,574,000,000 | 42,653,000,000 | 36,855,000,000 | 36,822,000,000 | 37,290,000,000 | 32,506,000,000 | 33,146,000,000 | 33,509,000,000 | 33,884,000,000 | 33,617,000,000 | 32,184,000,000 | 31,822,000,000 | 29,922,000,000 | 29,175,000,000 | 30,792,000,000 | 29,187,000,000 | 29,757,000,000 | 28,315,000,000 | 25,314,000,000 | 25,637,000,000 | 27,563,000,000 | 31,203,000,000 | |||||||||||||||
commitments and contingencies | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stockholders’ equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock, 0.01 par value... | 7,000,000 | 7,000,000 | 7,000,000 | 7,000,000 | 7,000,000 | 7,000,000 | 7,000,000 | 7,000,000 | 7,000,000 | 7,000,000 | 7,000,000 | 7,000,000 | 7,000,000 | 6,000,000 | 6,000,000 | 6,000,000 | 6,000,000 | 6,000,000 | 6,000,000 | 6,000,000 | 6,000,000 | 6,000,000 | 5,000,000 | 5,000,000 | 4,000,000 | 4,000,000 | 4,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 6,000,000 | 6,000,000 | 6,000,000 | 7,000,000 | 7,000,000 | 7,000,000 | 7,000,000 | 7,000,000 | 6,000,000 | ||||||||||||||||
additional paid-in capital | 7,402,000,000 | 7,387,000,000 | 7,377,000,000 | 7,370,000,000 | 7,348,000,000 | 7,424,000,000 | 7,407,000,000 | 7,389,000,000 | 7,371,000,000 | 7,374,000,000 | 7,353,000,000 | 7,321,000,000 | 7,290,000,000 | 7,291,000,000 | 7,277,000,000 | 7,259,000,000 | 7,243,000,000 | 7,234,000,000 | 7,221,000,000 | 7,200,000,000 | 6,980,000,000 | 6,894,000,000 | 5,430,000,000 | 5,377,000,000 | 3,861,000,000 | 3,945,000,000 | 4,208,000,000 | 4,386,000,000 | 4,371,000,000 | 4,964,000,000 | 4,946,000,000 | 4,923,000,000 | 5,279,000,000 | 5,714,000,000 | 5,918,000,000 | 6,245,000,000 | 6,726,000,000 | 7,223,000,000 | 7,761,000,000 | 8,351,000,000 | 10,044,000,000 | 11,591,000,000 | 12,852,000,000 | 14,319,000,000 | 15,049,000,000 | 15,135,000,000 | 15,943,000,000 | 15,879,000,000 | 14,040,000,000 | 10,594,000,000 | 4,481,000,000 | 4,465,000,000 | 4,459,000,000 | 4,455,000,000 | 4,445,000,000 | 4,434,000,000 | 4,424,000,000 | 4,412,000,000 | 4,399,000,000 | 4,361,000,000 | 4,361,000,000 | 4,013,000,000 | 4,004,000,000 | 3,785,000,000 | |
accumulated other comprehensive loss | -4,372,000,000 | -4,389,000,000 | -4,515,000,000 | -4,530,000,000 | -4,547,000,000 | -4,565,000,000 | -4,835,000,000 | -4,858,000,000 | -4,877,000,000 | -4,894,000,000 | -4,788,000,000 | -4,550,000,000 | -4,567,000,000 | -4,585,000,000 | -5,862,000,000 | -5,890,000,000 | -5,916,000,000 | -5,942,000,000 | -6,957,000,000 | -6,997,000,000 | -7,036,000,000 | -7,103,000,000 | -6,476,000,000 | -6,463,000,000 | -6,480,000,000 | -6,331,000,000 | -5,946,000,000 | -5,927,000,000 | -5,909,000,000 | -5,274,000,000 | -5,203,000,000 | -5,187,000,000 | -5,172,000,000 | -5,154,000,000 | -5,127,000,000 | -5,112,000,000 | -5,097,000,000 | -5,083,000,000 | -4,778,000,000 | -4,763,000,000 | -4,749,000,000 | -4,732,000,000 | -4,651,000,000 | -4,620,000,000 | -4,590,000,000 | -4,559,000,000 | -1,893,000,000 | -1,846,000,000 | -2,135,000,000 | -2,980,000,000 | -3,964,000,000 | -2,755,000,000 | -2,674,000,000 | -2,635,000,000 | -2,724,000,000 | -2,988,000,000 | |||||||||
retained deficit | -7,114,000,000 | -6,732,000,000 | -6,831,000,000 | -6,717,000,000 | -7,316,000,000 | -6,843,000,000 | -7,433,000,000 | -7,284,000,000 | -8,001,000,000 | -7,689,000,000 | -7,708,000,000 | -7,163,000,000 | -8,501,000,000 | -8,511,000,000 | -9,314,000,000 | -9,797,000,000 | -10,273,000,000 | -8,638,000,000 | -7,707,000,000 | -7,876,000,000 | -7,895,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
total stockholders’ deficit | -4,077,000,000 | -3,727,000,000 | -3,962,000,000 | -3,870,000,000 | -4,508,000,000 | -3,977,000,000 | -4,854,000,000 | -4,746,000,000 | -5,500,000,000 | -5,202,000,000 | -5,136,000,000 | -4,385,000,000 | -5,771,000,000 | -7,893,000,000 | -8,422,000,000 | -8,940,000,000 | -7,437,000,000 | -7,667,000,000 | -7,945,000,000 | -5,528,000,000 | -3,169,000,000 | -2,636,000,000 | -22,000,000 | -636,000,000 | -568,000,000 | -869,000,000 | -1,018,000,000 | ||||||||||||||||||||||||||||||||||||||
total liabilities and stockholders’ equity | 63,738,000,000 | 61,774,000,000 | 62,141,000,000 | 63,667,000,000 | 62,609,000,000 | 61,783,000,000 | 63,528,000,000 | 64,125,000,000 | 64,384,000,000 | 63,058,000,000 | 65,711,000,000 | 67,260,000,000 | 66,786,000,000 | 64,716,000,000 | 66,652,000,000 | 67,963,000,000 | 67,401,000,000 | 66,467,000,000 | 68,437,000,000 | 72,464,000,000 | 68,649,000,000 | 62,008,000,000 | 62,773,000,000 | 64,544,000,000 | 58,580,000,000 | 59,995,000,000 | 61,175,000,000 | 61,967,000,000 | 60,787,000,000 | 60,580,000,000 | 52,635,000,000 | 52,622,000,000 | 53,280,000,000 | 51,396,000,000 | 52,401,000,000 | 53,336,000,000 | 52,627,000,000 | 51,274,000,000 | 51,108,000,000 | 51,051,000,000 | 49,909,000,000 | 48,415,000,000 | 48,715,000,000 | 47,868,000,000 | 46,754,000,000 | 43,771,000,000 | 23,510,000,000 | 23,848,000,000 | 25,088,000,000 | ||||||||||||||||
intangibles, net of accumulated amortization of 848 and 841, respectively | 2,066,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangibles, net of accumulated amortization of 847 and 841, respectively | 2,038,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangibles, net of accumulated amortization of 845 and 841, respectively | 2,040,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangibles, net of accumulated amortization of 843 and 841, respectively | 2,042,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangibles, net of accumulated amortization of 841 and 834, respectively | 2,044,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangibles, net of accumulated amortization of 839 and 834, respectively | 2,046,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangibles, net of accumulated amortization of 837 and 834, respectively | 2,047,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangibles, net of accumulated amortization of 835 and 834, respectively | 2,049,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangibles, net of accumulated amortization of 834 and 827, respectively | 2,051,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangibles, net of accumulated amortization of 831 and 827, respectively | 2,053,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangibles, net of accumulated amortization of 830 and 827, respectively | 2,055,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangibles, net of accumulated amortization of 828 and 827, respectively | 2,057,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangibles, net of accumulated amortization of 827 and 786, respectively | 2,059,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stockholders' equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total stockholders' deficit | -5,799,000,000 | -7,340,000,000 | -6,867,000,000 | -118,000,000 | -169,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangibles, net of accumulated amortization of 816 and 786, respectively | 2,069,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangibles, net of accumulated amortization of 805 and 786, respectively | 2,079,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangibles, net of accumulated amortization of 795 and 786, respectively | 1,970,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangibles, net of accumulated amortization of 786 and 745, respectively | 1,988,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangibles, net of accumulated amortization of 775 and 745, respectively | 1,998,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangibles, net of accumulated amortization of 765 and 745, respectively | 2,008,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangibles, net of accumulated amortization of 755 and 745, respectively | 2,019,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangibles, net of accumulated amortization of 745 and 704, respectively | 2,029,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
retained earnings | -6,664,000,000 | -4,487,000,000 | -2,088,000,000 | -21,000,000 | 2,264,000,000 | 1,894,000,000 | 1,514,000,000 | 897,000,000 | 136,000,000 | 3,361,000,000 | 3,152,000,000 | 2,577,000,000 | 1,823,000,000 | 1,640,000,000 | 1,403,000,000 | 719,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
intangibles, net of accumulated amortization of 734 and 704, respectively | 2,039,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangibles, net of accumulated amortization of 724 and 704, respectively | 2,049,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangibles, net of accumulated amortization of 714 and 704, respectively | 2,059,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangibles, net of accumulated amortization of 704 and 663, respectively | 2,084,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangibles, net of accumulated amortization of 694 and 663, respectively | 2,095,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total stockholders’ equity | 160,000,000 | 3,926,000,000 | 3,948,000,000 | 3,715,000,000 | 3,457,000,000 | 3,785,000,000 | 4,391,000,000 | 4,312,000,000 | 4,710,000,000 | 5,635,000,000 | 3,762,000,000 | 3,636,000,000 | 2,764,000,000 | 2,021,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
intangibles, net of accumulated amortization of 683 and 663, respectively | 2,105,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangibles, net of accumulated amortization of 673 and 663, respectively | 2,115,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangibles, net of accumulated amortization of 663 and 622, respectively | 2,137,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangibles, net of accumulated amortization of 653 and 622, respectively | 2,147,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current maturities of long-term debt and capital leases | 2,493,000,000 | 2,213,000,000 | 2,793,000,000 | 2,554,000,000 | 2,467,000,000 | 2,334,000,000 | 1,714,000,000 | 1,855,000,000 | 1,798,000,000 | 1,715,000,000 | 2,610,000,000 | 2,231,000,000 | 1,712,000,000 | 1,642,000,000 | 1,284,000,000 | 1,708,000,000 | 1,439,000,000 | 1,523,000,000 | 1,441,000,000 | 1,446,000,000 | |||||||||||||||||||||||||||||||||||||||||||||
long-term debt and capital leases, net of current maturities | 22,274,000,000 | 21,863,000,000 | 21,946,000,000 | 22,511,000,000 | 22,217,000,000 | 22,525,000,000 | 22,829,000,000 | 22,489,000,000 | 21,545,000,000 | 21,131,000,000 | 19,134,000,000 | 18,330,000,000 | 18,849,000,000 | 17,152,000,000 | 17,638,000,000 | 16,196,000,000 | 15,651,000,000 | 15,205,000,000 | 15,244,000,000 | 15,353,000,000 | |||||||||||||||||||||||||||||||||||||||||||||
accumulated deficit | -316,000,000 | -610,000,000 | -1,130,000,000 | -591,000,000 | -1,230,000,000 | -4,445,000,000 | -6,070,000,000 | -7,702,000,000 | -8,562,000,000 | -9,086,000,000 | -9,953,000,000 | -10,816,000,000 | -11,296,000,000 | -9,462,000,000 | -7,586,000,000 | -6,329,000,000 | -6,043,000,000 | -5,607,000,000 | -5,509,000,000 | -5,652,000,000 | -5,641,000,000 | -5,136,000,000 | -4,043,000,000 | -3,461,000,000 | |||||||||||||||||||||||||||||||||||||||||
intangibles, net of accumulated amortization of 643 and 622, respectively | 2,157,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangibles, net of accumulated amortization of 632 and 622, respectively | 2,193,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangibles, net of accumulated amortization of 622 and 578, respectively | 2,203,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangibles, net of accumulated amortization of 612 and 578, respectively | 2,214,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangibles, net of accumulated amortization of 602 and 578, respectively | 2,224,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangibles, net of accumulated amortization of 590 and 578, respectively | 2,236,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred gains and credits | 494,000,000 | 526,000,000 | 554,000,000 | 590,000,000 | 625,000,000 | 667,000,000 | 709,000,000 | 746,000,000 | 788,000,000 | 829,000,000 | 871,000,000 | 905,000,000 | 990,000,000 | 935,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
intangibles, net of accumulated amortization of 578 and 502, respectively | 2,173,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangibles, net of accumulated amortization of 562 and 502, respectively | 2,189,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangibles, net of accumulated amortization of 538 and 502, respectively | 2,213,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangibles, net of accumulated amortization of 514 and 502, respectively | 2,236,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangibles, net of accumulated amortization of 502 and 447, respectively | 2,249,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
bankruptcy settlement obligations | 193,000,000 | 177,000,000 | 208,000,000 | 275,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangibles, net of accumulated amortization of 491 and 447, respectively | 2,261,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
frequent flyer liability | 2,649,000,000 | 2,745,000,000 | 2,776,000,000 | 2,807,000,000 | 2,871,000,000 | 2,879,000,000 | 2,951,000,000 | 3,005,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangibles, net of accumulated amortization of 478 and 447, respectively | 2,274,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangibles, net of accumulated amortization of 465 and 447, respectively | 2,281,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangibles, net of accumulated amortization of 447 and 373, respectively | 2,240,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
mandatorily convertible preferred stock and other bankruptcy settlement obligations | 325,000,000 | 239,000,000 | 415,000,000 | 2,322,000,000 | 5,928,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangibles, net of accumulated amortization of 435 and 373, respectively | 2,305,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities and stockholders' equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total stockholders' equity | 4,971,000,000 | 4,086,000,000 | 1,095,000,000 | -2,731,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities and stockholders' equity | 44,173,000,000 | 44,811,000,000 | 43,737,000,000 | 42,278,000,000 | 25,438,000,000 | 25,175,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangibles, net of accumulated amortization of 419 and 373, respectively | 2,330,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
treasury stock | -1,000,000 | -367,000,000 | -367,000,000 | -367,000,000 | -367,000,000 | -367,000,000 | -367,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangibles, net of accumulated amortization of 399 and 373, respectively | 2,319,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangibles, net of accumulated amortization | 2,311,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities subject to compromise | 6,606,000,000 | 4,843,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock - 2013: 0.01 par value... | 3,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
treasury shares at cost: 2013 - 0 and 2012 - 5,940,399 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income | -2,032,000,000 | -2,613,000,000 | -2,333,000,000 | -2,540,000,000 | -3,177,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gross asset | 58,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gross liability | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net recognized asset (liability) in balance sheet | 58,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gross asset (liability) offset in balance sheet: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
financial instruments | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash collateral received | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net amount | 58,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
receivables, less allowance for uncollectible accounts | 1,124,000,000 | 902,000,000 | 738,000,000 | 768,000,000 | 811,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
inventories, less allowance for obsolescence | 580,000,000 | 617,000,000 | 594,000,000 | 557,000,000 | 525,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fuel derivative contracts | 65,000,000 | 97,000,000 | 364,000,000 | 693,000,000 | 269,000,000 | 132,000,000 | 55,000,000 | 149,000,000 | 135,000,000 | 86,000,000 | 159,000,000 | 188,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
other current assets | 561,000,000 | 402,000,000 | 414,000,000 | 361,000,000 | 291,000,000 | 237,000,000 | 265,000,000 | 285,000,000 | 309,000,000 | 333,000,000 | 333,000,000 | 412,000,000 | 255,000,000 | 270,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
equipment and property | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
flight equipment, at cost | 17,934,000,000 | 18,136,000,000 | 20,345,000,000 | 19,647,000,000 | 19,601,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less accumulated depreciation | 7,624,000,000 | 7,095,000,000 | 8,081,000,000 | 7,382,000,000 | 7,147,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase deposits for flight equipment | 710,000,000 | 746,000,000 | 660,000,000 | 505,000,000 | 375,000,000 | 452,000,000 | 481,000,000 | 562,000,000 | 639,000,000 | 734,000,000 | 734,000,000 | 709,000,000 | 650,000,000 | 671,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
other equipment and property, at cost | 5,101,000,000 | 5,131,000,000 | 5,173,000,000 | 5,158,000,000 | 5,132,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equipment and property under capital leases | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other equipment and property | 201,000,000 | 200,000,000 | 2,130,000,000 | 2,142,000,000 | 219,000,000 | 2,222,000,000 | 2,236,000,000 | 2,252,000,000 | 215,000,000 | 2,313,000,000 | 2,313,000,000 | 2,335,000,000 | 2,361,000,000 | 215,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
less accumulated amortization | 205,000,000 | 448,000,000 | 580,000,000 | 571,000,000 | 536,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
international slots and route authorities | 708,000,000 | 708,000,000 | 708,000,000 | 708,000,000 | 708,000,000 | 735,000,000 | 735,000,000 | 735,000,000 | 736,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
domestic slots and airport operating and gate lease rights, less accumulated amortization | 161,000,000 | 186,000,000 | 211,000,000 | 217,000,000 | 224,000,000 | 232,000,000 | 239,000,000 | 246,000,000 | 252,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accrued liabilities | 1,451,000,000 | 1,358,000,000 | 2,011,000,000 | 2,334,000,000 | 1,587,000,000 | 2,042,000,000 | 2,003,000,000 | 2,010,000,000 | 1,551,000,000 | 1,959,000,000 | 1,959,000,000 | 1,918,000,000 | 1,976,000,000 | 1,523,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
current maturities of long-term debt | 1,388,000,000 | 1,518,000,000 | 1,741,000,000 | 1,862,000,000 | 1,776,000,000 | 1,669,000,000 | 1,727,000,000 | 1,055,000,000 | 1,024,000,000 | 1,041,000,000 | 1,041,000,000 | 1,124,000,000 | 1,371,000,000 | 1,849,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
current obligations under capital leases | 31,000,000 | 89,000,000 | 100,000,000 | 107,000,000 | 107,000,000 | 102,000,000 | 85,000,000 | 90,000,000 | 91,000,000 | 91,000,000 | 104,000,000 | 98,000,000 | 107,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
long-term debt, less current maturities | 6,735,000,000 | 6,702,000,000 | 9,428,000,000 | 9,568,000,000 | 8,756,000,000 | 9,010,000,000 | 9,142,000,000 | 9,861,000,000 | 9,984,000,000 | 9,872,000,000 | 9,872,000,000 | 8,292,000,000 | 8,314,000,000 | 8,419,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
obligations under capital leases, less current obligations | 381,000,000 | 624,000,000 | 588,000,000 | 497,000,000 | 503,000,000 | 526,000,000 | 559,000,000 | 599,000,000 | 589,000,000 | 589,000,000 | 572,000,000 | 528,000,000 | 582,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
other liabilities and credits | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred gains | 223,000,000 | 110,000,000 | 270,000,000 | 272,000,000 | 297,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other liabilities and deferred credits | 1,468,000,000 | 1,470,000,000 | 2,853,000,000 | 2,947,000,000 | 2,824,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock - 20,000,000 shares authorized; none issued | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock - 1 par value; 750,000,000 shares authorized; shares issued: 2012 – 341,232,637; 2011 - 341,207,797 | 341,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
treasury shares at cost: 2012 and 2011 - 5,940,399 | -367,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock - 1 par value; 750,000,000 shares authorized; shares issued: 2011 – 341,207,797; 2010 - 339,389,724 | 341,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
treasury shares at cost: 2011 and 2010 - 5,940,399 | -367,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
receivables | 945,000,000 | 922,000,000 | 889,000,000 | 910,000,000 | 842,000,000 | 814,000,000 | 814,000,000 | 780,000,000 | 785,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
inventories | 641,000,000 | 595,000,000 | 575,000,000 | 569,000,000 | 552,000,000 | 535,000,000 | 494,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equipment and property - sum | 14,752,000,000 | 14,757,000,000 | 15,041,000,000 | 14,996,000,000 | 15,107,000,000 | 15,307,000,000 | 15,367,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equipment and property under capital leases - sum | 403,000,000 | 359,000,000 | 824,000,000 | 255,000,000 | 271,000,000 | 286,000,000 | 866,000,000 | 289,000,000 | 207,000,000 | 776,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
other liabilities, deferred gains and deferred credits | 2,509,000,000 | 3,127,000,000 | 3,139,000,000 | 3,190,000,000 | 3,225,000,000 | 3,246,000,000 | 3,246,000,000 | 3,123,000,000 | 3,138,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock | 341,000,000 | 339,000,000 | 339,000,000 | 339,000,000 | 339,000,000 | 335,000,000 | 335,000,000 | 286,000,000 | 285,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fuel derivative collateral deposits | 14,000,000 | 78,000,000 | 78,000,000 | 59,000,000 | 343,000,000 | 575,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other assets - sum | 3,168,000,000 | 3,320,000,000 | 3,505,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fuel derivative liability | 6,000,000 | 43,000,000 | 45,000,000 | 80,000,000 | 156,000,000 | 156,000,000 | 134,000,000 | 613,000,000 | 716,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other liabilities and credits - sum | 11,000,000,000 | 10,616,000,000 | 9,735,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock — 20,000,000 shares authorized; none issued | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock — 1 par value; 750,000,000 shares authorized; shares issued: 2010 — 339,389,724; 2009 — 338,564,327 | 339,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
treasury shares at cost: 2010 and 2009 — 5,940,399 | -367,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities and stockholder’s equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stockholder’s equity preferred stock | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock - 1 par value; 750,000,000 shares authorized; shares issued: 2009 – 338,564,327; 2008 - 284,888,845 | 339,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
treasury shares at cost: 2009 and 2008 - 5,940,399 | -367,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
inventories, net fuel derivative contracts | 546,000,000 | 546,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
route acquisition costs and airport operating and gate lease rights | 1,091,000,000 | 1,091,000,000 | 1,098,000,000 | 1,102,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
route acquisition costs, slots and airport operating and gate lease rights, less accumulated amortization | 1,109,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock - 1 par value; 750,000,000 shares authorized; shares issued: 2008 - 284,888,845; 2007 - 255,338,431 | 285,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
treasury shares at cost: 2008 and 2007 - 5,940,399 | -367,000,000 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-12-31 | 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-12-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | 2011-12-31 | 2011-09-30 | 2011-06-30 | 2011-03-31 | 2010-12-31 | 2010-09-30 | 2010-06-30 | 2010-03-31 | 2009-12-31 | 2009-09-30 | 2009-06-30 | 2009-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
net cash from operating activities | 4,223,000,000 | -274,000,000 | -46,000,000 | 963,000,000 | 2,456,000,000 | 398,000,000 | 277,000,000 | 1,128,000,000 | 2,180,000,000 | -1,351,000,000 | 58,000,000 | 1,763,000,000 | 3,333,000,000 | -158,000,000 | -593,000,000 | 1,739,000,000 | 1,185,000,000 | -1,200,000,000 | -1,740,000,000 | 3,470,000,000 | 174,000,000 | -2,863,000,000 | -2,604,000,000 | -908,000,000 | -168,000,000 | 600,000,000 | 828,000,000 | 736,000,000 | 1,651,000,000 | 729,000,000 | -79,000,000 | 1,084,000,000 | 1,799,000,000 | 437,000,000 | 369,000,000 | 1,688,000,000 | 2,250,000,000 | 627,000,000 | 1,064,000,000 | 2,213,000,000 | 2,620,000,000 | 228,000,000 | 1,180,000,000 | 2,347,000,000 | 2,494,000,000 | 804,000,000 | -361,000,000 | 1,381,000,000 | 1,256,000,000 | -1,128,000,000 | -37,000,000 | 1,157,000,000 | 683,000,000 | -288,000,000 | -155,000,000 | 655,000,000 | 1,067,000,000 | 334,000,000 | -307,000,000 | -55,000,000 | 708,000,000 | 151,000,000 | -83,000,000 | 717,000,000 | 456,000,000 | 4,000,000 | -12,000,000 | 479,000,000 | 459,000,000 |
cash flows from investing activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
capital expenditures | -811,000,000 | -1,630,000,000 | -826,000,000 | -499,000,000 | -824,000,000 | -740,000,000 | -468,000,000 | -651,000,000 | -824,000,000 | -843,000,000 | -509,000,000 | -739,000,000 | -505,000,000 | -686,000,000 | -455,000,000 | -598,000,000 | -807,000,000 | -183,000,000 | -143,000,000 | 99,000,000 | 19,000,000 | -148,000,000 | -577,000,000 | -388,000,000 | -845,000,000 | -1,139,000,000 | -806,000,000 | -1,018,000,000 | -1,305,000,000 | -1,009,000,000 | -1,005,000,000 | -952,000,000 | -779,000,000 | -1,408,000,000 | -1,369,000,000 | -1,480,000,000 | -1,714,000,000 | -1,460,000,000 | -1,208,000,000 | -1,506,000,000 | -1,557,000,000 | -1,530,000,000 | -1,482,000,000 | -1,730,000,000 | -1,409,000,000 | -1,305,000,000 | -1,328,000,000 | -1,631,000,000 | -1,047,000,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -389,000,000 | -359,000,000 | 0 | -683,000,000 | -412,000,000 | -317,000,000 | 0 | -501,000,000 | -433,000,000 | -169,000,000 |
free cash flows | 3,412,000,000 | -1,904,000,000 | -872,000,000 | 464,000,000 | 1,632,000,000 | -342,000,000 | -191,000,000 | 477,000,000 | 1,356,000,000 | -2,194,000,000 | -451,000,000 | 1,024,000,000 | 2,828,000,000 | -844,000,000 | -1,048,000,000 | 1,141,000,000 | 378,000,000 | -1,383,000,000 | -1,883,000,000 | 3,569,000,000 | 193,000,000 | -3,011,000,000 | -3,181,000,000 | -1,296,000,000 | -1,013,000,000 | -539,000,000 | 22,000,000 | -282,000,000 | 346,000,000 | -280,000,000 | -1,084,000,000 | 132,000,000 | 1,020,000,000 | -971,000,000 | -1,000,000,000 | 208,000,000 | 536,000,000 | -833,000,000 | -144,000,000 | 707,000,000 | 1,063,000,000 | -1,302,000,000 | -302,000,000 | 617,000,000 | 1,085,000,000 | -501,000,000 | -1,689,000,000 | -250,000,000 | 209,000,000 | -1,128,000,000 | -37,000,000 | 1,157,000,000 | 683,000,000 | -288,000,000 | -155,000,000 | 655,000,000 | 1,067,000,000 | 334,000,000 | -307,000,000 | -444,000,000 | 349,000,000 | 151,000,000 | -766,000,000 | 305,000,000 | 139,000,000 | 4,000,000 | -513,000,000 | 46,000,000 | 290,000,000 |
purchases of short-term investments | -2,773,000,000 | -104,000,000 | -121,000,000 | -2,874,000,000 | -1,806,000,000 | -666,000,000 | -1,814,000,000 | -1,427,000,000 | -3,287,000,000 | 1,000,000,000 | -736,000,000 | -2,456,000,000 | -5,131,000,000 | 856,000,000 | -2,030,000,000 | -3,048,000,000 | -7,035,000,000 | -4,295,000,000 | -1,319,000,000 | -5,283,000,000 | -8,557,000,000 | 1,213,000,000 | 850,000,000 | -7,116,000,000 | -820,000,000 | -306,000,000 | -677,000,000 | -1,631,000,000 | -570,000,000 | -822,000,000 | -1,406,000,000 | 68,000,000 | -1,252,000,000 | -540,000,000 | -264,000,000 | -1,907,000,000 | -1,922,000,000 | -1,163,000,000 | -1,473,000,000 | -1,890,000,000 | -1,715,000,000 | -409,000,000 | -2,624,000,000 | -1,619,000,000 | -3,474,000,000 | ||||||||||||||||||||||||
sales of short-term investments | 1,263,000,000 | 1,245,000,000 | 1,825,000,000 | 1,770,000,000 | 1,349,000,000 | 2,112,000,000 | 2,020,000,000 | 1,296,000,000 | 2,585,000,000 | 2,004,000,000 | 2,201,000,000 | 1,990,000,000 | 2,666,000,000 | 1,560,000,000 | 3,277,000,000 | 3,046,000,000 | 7,089,000,000 | 6,383,000,000 | 4,703,000,000 | 1,422,000,000 | 1,415,000,000 | 200,000,000 | 472,000,000 | 894,000,000 | 1,237,000,000 | 1,620,000,000 | 913,000,000 | 560,000,000 | 1,051,000,000 | 889,000,000 | 1,237,000,000 | 550,000,000 | 1,029,000,000 | 1,201,000,000 | 1,341,000,000 | 1,713,000,000 | 1,660,000,000 | 1,505,000,000 | 1,777,000,000 | 1,660,000,000 | 1,150,000,000 | 2,350,000,000 | 2,731,000,000 | 1,776,000,000 | 1,660,000,000 | ||||||||||||||||||||||||
decrease in restricted short-term investments | 15,000,000 | 23,000,000 | 53,000,000 | -158,000,000 | 85,000,000 | 18,000,000 | 91,000,000 | 56,000,000 | 12,000,000 | 12,000,000 | 29,000,000 | 0 | 29,000,000 | 19,000,000 | 24,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
other investing activities | -22,000,000 | -25,000,000 | 0 | 287,000,000 | -8,000,000 | 86,000,000 | -16,000,000 | -3,000,000 | -2,000,000 | -25,000,000 | 86,000,000 | 69,000,000 | 145,000,000 | 106,000,000 | -25,000,000 | -29,000,000 | -42,000,000 | -41,000,000 | -51,000,000 | -12,000,000 | -49,000,000 | -18,000,000 | -33,000,000 | -21,000,000 | -14,000,000 | -2,000,000 | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||
net cash from investing activities | -2,328,000,000 | -390,000,000 | 974,000,000 | -1,274,000,000 | -1,204,000,000 | 866,000,000 | 58,000,000 | -376,000,000 | -1,516,000,000 | 2,159,000,000 | 1,084,000,000 | -949,000,000 | -2,796,000,000 | 1,552,000,000 | 784,000,000 | -929,000,000 | -771,000,000 | 1,738,000,000 | 3,315,000,000 | -3,884,000,000 | -7,152,000,000 | 1,696,000,000 | 923,000,000 | -6,799,000,000 | -162,000,000 | 639,000,000 | -469,000,000 | -1,933,000,000 | -480,000,000 | -390,000,000 | -548,000,000 | -79,000,000 | -956,000,000 | -557,000,000 | 184,000,000 | -1,404,000,000 | -1,849,000,000 | -1,056,000,000 | -871,000,000 | -1,657,000,000 | -2,114,000,000 | 438,000,000 | -1,337,000,000 | -1,493,000,000 | -3,202,000,000 | -786,000,000 | 222,000,000 | -1,404,000,000 | -943,000,000 | 1,278,000,000 | -1,107,000,000 | -2,897,000,000 | -1,088,000,000 | -367,000,000 | 396,000,000 | -615,000,000 | -985,000,000 | -362,000,000 | 368,000,000 | 257,000,000 | -1,555,000,000 | -946,000,000 | -428,000,000 | -367,000,000 | 115,000,000 | ||||
cash flows from financing activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payments on long-term debt and finance leases | -2,324,000,000 | -1,417,000,000 | -1,722,000,000 | -1,003,000,000 | -1,362,000,000 | -1,769,000,000 | -862,000,000 | -963,000,000 | -873,000,000 | -3,094,000,000 | -1,378,000,000 | -920,000,000 | -2,326,000,000 | -1,714,000,000 | -379,000,000 | -998,000,000 | -661,000,000 | -704,000,000 | -1,599,000,000 | -986,000,000 | -4,054,000,000 | -517,000,000 | -541,000,000 | -1,551,000,000 | -926,000,000 | -1,355,000,000 | -1,054,000,000 | -932,000,000 | -849,000,000 | ||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of long-term debt | 997,000,000 | 1,604,000,000 | 510,000,000 | 1,334,000,000 | 325,000,000 | 418,000,000 | 725,000,000 | 279,000,000 | 248,000,000 | 2,498,000,000 | 181,000,000 | 319,000,000 | 1,824,000,000 | 370,000,000 | 125,000,000 | 207,000,000 | 367,000,000 | 94,000,000 | 0 | 1,235,000,000 | 10,861,000,000 | 216,000,000 | 2,100,000,000 | 7,766,000,000 | 1,698,000,000 | 410,000,000 | 961,000,000 | 2,189,000,000 | 400,000,000 | 205,000,000 | 1,257,000,000 | 656,000,000 | 236,000,000 | 898,000,000 | 535,000,000 | 726,000,000 | 899,000,000 | 2,309,000,000 | 870,000,000 | 3,022,000,000 | 1,500,000,000 | 546,000,000 | 2,467,000,000 | 230,000,000 | 1,766,000,000 | 895,000,000 | 1,873,000,000 | 310,000,000 | 224,000,000 | ||||||||||||||||||||
net payments on fuel financing | -554,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other financing activities | -68,000,000 | -245,000,000 | 291,000,000 | -20,000,000 | -186,000,000 | 56,000,000 | -5,000,000 | -31,000,000 | -17,000,000 | -218,000,000 | -37,000,000 | -18,000,000 | -37,000,000 | 67,000,000 | 4,000,000 | 8,000,000 | -2,000,000 | 87,000,000 | 0 | 56,000,000 | 65,000,000 | -1,000,000 | -1,000,000 | 0 | -16,000,000 | 2,000,000 | 9,000,000 | 2,000,000 | 6,000,000 | 12,000,000 | 5,000,000 | 4,000,000 | 8,000,000 | -57,000,000 | 62,000,000 | 15,000,000 | 19,000,000 | 0 | 16,000,000 | 18,000,000 | -9,000,000 | 9,000,000 | |||||||||||||||||||||||||||
net cash from financing activities | -1,949,000,000 | 782,000,000 | -921,000,000 | 311,000,000 | -1,223,000,000 | -1,295,000,000 | -142,000,000 | -715,000,000 | -642,000,000 | -814,000,000 | -1,234,000,000 | -619,000,000 | -539,000,000 | -1,284,000,000 | -252,000,000 | -785,000,000 | -310,000,000 | -561,000,000 | -1,609,000,000 | 445,000,000 | 7,013,000,000 | 1,269,000,000 | 1,511,000,000 | 7,688,000,000 | 526,000,000 | -1,272,000,000 | -366,000,000 | 1,179,000,000 | -1,109,000,000 | -367,000,000 | 636,000,000 | -1,100,000,000 | -841,000,000 | 75,000,000 | -599,000,000 | -272,000,000 | -349,000,000 | 370,000,000 | -258,000,000 | -605,000,000 | -401,000,000 | -1,292,000,000 | 221,000,000 | -950,000,000 | 762,000,000 | -202,000,000 | 107,000,000 | -26,000,000 | -194,000,000 | 273,000,000 | 1,257,000,000 | 1,738,000,000 | 531,000,000 | 627,000,000 | -104,000,000 | -44,000,000 | 10,000,000 | 7,000,000 | -75,000,000 | -170,000,000 | 965,000,000 | 237,000,000 | 8,000,000 | ||||||
net increase in cash and restricted cash | -54,000,000 | 118,000,000 | 7,000,000 | 0 | 29,000,000 | -31,000,000 | 193,000,000 | 37,000,000 | 22,000,000 | -6,000,000 | -92,000,000 | 195,000,000 | -2,000,000 | 110,000,000 | -61,000,000 | 25,000,000 | 104,000,000 | -23,000,000 | -34,000,000 | 31,000,000 | 35,000,000 | 102,000,000 | -170,000,000 | -19,000,000 | 196,000,000 | -33,000,000 | -7,000,000 | -18,000,000 | 62,000,000 | 9,000,000 | -95,000,000 | 2,000,000 | |||||||||||||||||||||||||||||||||||||
cash and restricted cash at beginning of period | 1,056,000,000 | 0 | 0 | 902,000,000 | 0 | 0 | 681,000,000 | 0 | 0 | 586,000,000 | 0 | 0 | 408,000,000 | 0 | 0 | 399,000,000 | 0 | 0 | 290,000,000 | 0 | 0 | 286,000,000 | 0 | 0 | 398,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
cash and restricted cash at end of period | 1,002,000,000 | 7,000,000 | 0 | 931,000,000 | 193,000,000 | 37,000,000 | 703,000,000 | -92,000,000 | 195,000,000 | 584,000,000 | -61,000,000 | 25,000,000 | 512,000,000 | -34,000,000 | 31,000,000 | 434,000,000 | -170,000,000 | -19,000,000 | 486,000,000 | -7,000,000 | -18,000,000 | 348,000,000 | 9,000,000 | -95,000,000 | 400,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
non-cash transactions: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
right-of-use (rou) assets acquired through operating leases | 124,000,000 | 297,000,000 | 337,000,000 | 350,000,000 | 145,000,000 | 310,000,000 | 320,000,000 | 131,000,000 | 529,000,000 | 88,000,000 | 380,000,000 | 147,000,000 | 313,000,000 | 208,000,000 | 347,000,000 | 359,000,000 | 47,000,000 | 93,000,000 | 328,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
property and equipment acquired through finance leases and other | 154,000,000 | 46,000,000 | 18,000,000 | 73,000,000 | 120,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
finance leases converted to operating leases | 39,000,000 | 2,000,000 | 0 | 45,000,000 | 3,000,000 | 0 | 30,000,000 | 6,000,000 | 7,000,000 | 14,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
supplemental information: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest paid | 454,000,000 | 492,000,000 | 308,000,000 | 524,000,000 | 533,000,000 | 422,000,000 | 557,000,000 | 684,000,000 | 381,000,000 | 646,000,000 | 608,000,000 | 304,000,000 | 566,000,000 | 619,000,000 | 208,000,000 | 479,000,000 | 214,000,000 | 262,000,000 | 239,000,000 | 258,000,000 | 292,000,000 | 267,000,000 | 259,000,000 | 284,000,000 | 258,000,000 | 262,000,000 | 261,000,000 | 255,000,000 | |||||||||||||||||||||||||||||||||||||||||
cash flows from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation and amortization | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
debt extinguishment costs | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
special items, net non-cash | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
pension and postretirement | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred income tax provision | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
share-based compensation, non-cash | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other | -1,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
changes in operating assets and liabilities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in accounts receivable | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in other assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in accounts payable | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in air traffic liability | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in loyalty program liability | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
contributions to pension plans | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in other liabilities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale-leaseback transactions and sale of property and equipment | 101,000,000 | 43,000,000 | 56,000,000 | 245,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net proceeds from fuel financing | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and restricted cash at beginning of year | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and restricted cash at end of year | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating leases converted to finance leases | 21,000,000 | 0 | 79,000,000 | 51,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income taxes paid | 3,000,000 | 6,000,000 | 4,000,000 | 0 | 1,000,000 | 5,000,000 | 1,000,000 | 2,000,000 | 1,000,000 | 0 | 1,000,000 | 0 | 0 | 2,000,000 | 1,000,000 | 1,000,000 | 3,000,000 | 3,000,000 | 10,000,000 | 3,000,000 | 6,000,000 | 5,000,000 | 4,000,000 | 3,000,000 | 3,000,000 | 4,000,000 | 12,000,000 | 7,000,000 | 3,000,000 | ||||||||||||||||||||||||||||||||||||||||
purchase of equity investments | -116,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
property and equipment acquired through debt, finance leases and other | 35,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
share-based compensation | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in accounts payable and accrued liabilities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of property and equipment and sale-leaseback transactions | 134,000,000 | 178,000,000 | 359,000,000 | 347,000,000 | 602,000,000 | 116,000,000 | 518,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of equity | 0 | 0 | 144,000,000 | 316,000,000 | 1,443,000,000 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
property and equipment acquired through debt | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
property and equipment acquired through finance leases | 17,000,000 | 11,000,000 | 6,000,000 | 62,000,000 | 1,000,000 | 58,000,000 | 66,000,000 | 39,000,000 | 22,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity investments | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale-leaseback transactions | 40,000,000 | 13,000,000 | 5,000,000 | 64,000,000 | 99,000,000 | 232,000,000 | 57,000,000 | 96,000,000 | 280,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of property and equipment | 24,000,000 | 18,000,000 | 11,000,000 | 8,000,000 | 12,000,000 | 20,000,000 | 53,000,000 | 108,000,000 | 100,000,000 | 103,000,000 | 113,000,000 | 35,000,000 | 65,000,000 | 28,000,000 | 26,000,000 | 4,000,000 | 12,000,000 | 1,000,000 | 18,000,000 | 4,000,000 | 9,000,000 | 15,000,000 | 6,000,000 | 3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||
decrease (increase) in restricted short-term investments | 36,000,000 | -1,000,000 | -1,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of equity investment | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net gains from sale of property and equipment and sale-leaseback transactions | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease (increase) in accounts receivable | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
airport construction projects, net of reimbursements | -86,000,000 | -118,000,000 | -94,000,000 | -62,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred financing costs | -2,000,000 | -33,000,000 | -10,000,000 | -4,000,000 | -162,000,000 | 39,000,000 | -48,000,000 | -53,000,000 | -31,000,000 | -11,000,000 | -28,000,000 | -16,000,000 | -6,000,000 | -11,000,000 | -20,000,000 | -27,000,000 | -1,000,000 | -19,000,000 | -27,000,000 | -8,000,000 | -31,000,000 | -38,000,000 | 48,000,000 | -67,000,000 | -20,000,000 | -18,000,000 | -29,000,000 | -15,000,000 | -25,000,000 | -77,000,000 | -22,000,000 | 0 | -7,000,000 | ||||||||||||||||||||||||||||||||||||
shares withheld for taxes pursuant to employee stock plans and treasury stock repurchases | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividend payments | 0 | 0 | 0 | -43,000,000 | -43,000,000 | -45,000,000 | -44,000,000 | -46,000,000 | -46,000,000 | -46,000,000 | -46,000,000 | -48,000,000 | -48,000,000 | -48,000,000 | -51,000,000 | -51,000,000 | -52,000,000 | -53,000,000 | -58,000,000 | -61,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
shares withheld for taxes pursuant to employee stock plans | 0 | -2,000,000 | -14,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating lease conversion to finance lease | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
finance lease conversion to operating lease | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in restricted short-term investments | -71,000,000 | 74,000,000 | -210,000,000 | -194,000,000 | 69,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds on sale of equity investment | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from vendor | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
treasury stock repurchases and shares withheld for taxes pursuant to employee stock plans | -5,000,000 | 0 | 0 | -13,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
settlement of bankruptcy obligations | 0 | 0 | 56,000,000 | 0 | 0 | 0 | 3,000,000 | 25,000,000 | 0 | 35,000,000 | 107,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred financing costs paid through issuance of debt | 0 | 0 | 17,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of investments | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
treasury stock repurchases | 0 | -2,000,000 | -171,000,000 | -272,000,000 | -200,000,000 | -17,000,000 | -608,000,000 | 0 | 0 | -376,000,000 | -461,000,000 | -243,000,000 | -359,000,000 | -529,000,000 | -484,000,000 | -569,000,000 | -695,000,000 | -1,711,000,000 | -1,525,000,000 | -1,435,000,000 | -1,480,000,000 | -750,000,000 | -181,000,000 | -907,000,000 | -127,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
payroll support program warrants | 8,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
treasury loan warrants | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash from operating activities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
right-of-use assets obtained in exchange for lease liabilities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating leases | 146,000,000 | 376,000,000 | 332,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
finance leases | 42,000,000 | 2,000,000 | 2,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
debt discount and lease amortization | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
special items, non-cash | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net decrease in cash and restricted cash | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payments on long-term debt and capital leases | -557,000,000 | -1,316,000,000 | -569,000,000 | -519,000,000 | -712,000,000 | -415,000,000 | -686,000,000 | -1,293,000,000 | -371,000,000 | -1,853,000,000 | -310,000,000 | -332,000,000 | -714,000,000 | -361,000,000 | -746,000,000 | -352,000,000 | -1,635,000,000 | -644,000,000 | -501,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of property and equipment and other investments | 22,000,000 | 32,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in restricted cash and short-term investments | 74,000,000 | 161,000,000 | -11,000,000 | 95,000,000 | -3,000,000 | 5,000,000 | 51,000,000 | 4,000,000 | 15,000,000 | 37,000,000 | 10,000,000 | 17,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of an investment | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net decrease in cash | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash at beginning of year | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash at end of year | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net increase (decrease) in cash | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash at beginning of period | 0 | 0 | 322,000,000 | 0 | 0 | 390,000,000 | 0 | 0 | 994,000,000 | 0 | 0 | 1,140,000,000 | 0 | 0 | 480,000,000 | 0 | 0 | 283,000,000 | 0 | 0 | 168,000,000 | 0 | 0 | 153,000,000 | 0 | 0 | 191,000,000 | ||||||||||||||||||||||||||||||||||||||||||
cash at end of period | -46,000,000 | 12,000,000 | 374,000,000 | -65,000,000 | -49,000,000 | 495,000,000 | 64,000,000 | -96,000,000 | 1,048,000,000 | -32,000,000 | -49,000,000 | 1,259,000,000 | 113,000,000 | -2,000,000 | 606,000,000 | 137,000,000 | -4,000,000 | 375,000,000 | -14,000,000 | 32,000,000 | 286,000,000 | 5,000,000 | 8,000,000 | 189,000,000 | -20,000,000 | 4,000,000 | 187,000,000 | ||||||||||||||||||||||||||||||||||||||||||
non-cash investing and financing activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net increase in cash | 12,000,000 | 52,000,000 | -65,000,000 | -49,000,000 | 105,000,000 | -626,000,000 | 64,000,000 | -96,000,000 | 54,000,000 | -184,000,000 | -32,000,000 | -49,000,000 | 119,000,000 | 423,000,000 | 113,000,000 | -2,000,000 | 126,000,000 | -28,000,000 | 137,000,000 | -4,000,000 | 92,000,000 | -21,000,000 | -14,000,000 | 32,000,000 | 118,000,000 | -34,000,000 | 5,000,000 | 8,000,000 | 36,000,000 | -18,000,000 | -4,000,000 | ||||||||||||||||||||||||||||||||||||||
net proceeds from slot transaction | 0 | 0 | 0 | 307,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sale-leaseback transactions | 0 | 280,000,000 | 120,000,000 | 246,000,000 | 165,000,000 | 204,000,000 | 364,000,000 | 368,000,000 | 764,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exercise of stock options | 1,000,000 | 0 | 0 | 9,000,000 | 1,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
capital lease obligations | 0 | 0 | 5,000,000 | 118,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest paid, net of amounts capitalized | 235,000,000 | 251,000,000 | 228,000,000 | 215,000,000 | 214,000,000 | 219,000,000 | 273,000,000 | 163,000,000 | 204,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred income taxes | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
reorganization items, non-cash | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense, non-cash | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in other current assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in derivative collateral | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in other assets and liabilities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of us airways group | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividend payment | -66,000,000 | -70,000,000 | -70,000,000 | -72,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
share based compensation | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in accounts receivable | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease (increase) in derivative collateral | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in frequent flyer liability | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in other assets and liabilities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease (increase) in restricted cash and short-term investments | 101,000,000 | 7,000,000 | 65,000,000 | 88,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease (increase) in short-term investments | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
premium paid for debt extinguishment | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income tax paid | 3,000,000 | 2,000,000 | 3,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in short-term investments | 156,000,000 | -294,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payments of employee withholding taxes on net share issuances | -84,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
settlement of bankruptcy settlement obligation | 3,557,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash flow from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease (increase) in other current assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
balance at january 1, 2011 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
changes in pension, retiree medical and other liability | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net changes in fair value of derivative financial instruments | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total comprehensive loss | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
share-based compensation expense | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of 679,050 shares to employees pursuant to stock option and deferred stock incentive plans | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
balance at december 31, 2011 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in unrealized gain on investments | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-cash tax provision | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
balance at december 31, 2012 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of 3,136,770 shares to employees pursuant to stock option and deferred stock incentive plans | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of 18,676,683 shares in exchange for redemption of amr corporation debt | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cancellation of pre-reorganization common stock | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of 53,675,878 shares of post-reorganization common stock | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of 197,363,088 shares in exchange for us airways group common stock | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity component of us airways group convertible debt assumed in merger | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of 9,993,882 shares for optional conversion of preferred shares | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
share based compensation expense | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of 35,609 shares to employees pursuant to stock option and deferred stock incentive plans | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
balance at december 31, 2013 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash flow from investing activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
capital expenditures, including aircraft lease deposits | -596,000,000 | -919,000,000 | -885,000,000 | -735,000,000 | -420,000,000 | -495,000,000 | -238,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net decrease (increase) in short-term investments | -440,000,000 | -1,968,000,000 | -226,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net decrease (increase) in restricted cash and short-term investments | -72,000,000 | -10,000,000 | -3,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of equipment, property, and investments/subsidiaries | 1,000,000 | 0 | 26,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash flow from financing activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payments on long-term debt and capital lease obligations | -1,501,000,000 | -157,000,000 | -394,000,000 | -297,000,000 | -389,000,000 | -288,000,000 | -314,000,000 | -1,018,000,000 | -343,000,000 | -861,000,000 | -323,000,000 | -281,000,000 | -406,000,000 | -176,000,000 | -291,000,000 | -568,000,000 | -691,000,000 | -404,000,000 | -753,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of debt | 2,398,000,000 | 1,523,000,000 | 161,000,000 | 67,000,000 | 553,000,000 | 1,164,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net earnings | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash provided (used) by operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity based stock compensation | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
special charges, non-cash | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
oci tax benefits | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in assets and liabilities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease (increase) in receivables | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease (increase) in inventories | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease (increase) in derivative collateral and unwound derivative contracts | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in other liabilities and deferred credits | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of equipment, property and investments/subsidiaries | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
reimbursement from construction reserve account | 1,000,000 | 0 | 0 | 1,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of long-term debt | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net increase in short-term investments | -164,000,000 | -726,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net increase in restricted cash and short-term investments | -75,000,000 | -1,000,000 | -33,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of equipment and property | 1,000,000 | 45,000,000 | 12,000,000 | 5,000,000 | -7,000,000 | -6,000,000 | 15,000,000 | 8,000,000 | 2,000,000 | 3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sale leaseback transactions | 285,000,000 | 244,000,000 | 324,000,000 | 240,000,000 | 201,000,000 | 137,000,000 | 125,000,000 | 507,000,000 | 259,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
special charges | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
reorganization items | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
capital expenditures, including purchase deposits on flight equipment | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of common stock, net of issuance costs | 30,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net decrease in short-term investments | 660,000,000 | -1,190,000,000 | 27,000,000 | 532,000,000 | -530,000,000 | -111,000,000 | -305,000,000 | 60,000,000 | 239,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net decrease in restricted cash and short-term investments | -3,000,000 | 14,000,000 | 2,000,000 | -3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of subsidiary | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
redemption payments under operating leases for special facility revenue bonds | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in receivables | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in inventories | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in derivative collateral and unwound derivative contracts | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash used by investing activities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash provided (used) by financing activities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of debt and sale leaseback transactions | 414,000,000 | 297,000,000 | 296,000,000 | 174,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash collateral on spare parts financing | 5,000,000 | 2,000,000 | 45,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of investments/subsidiaries | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of american beacon advisors, inc., net of expenses | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash held in trust for 1999 eetc financing | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net (increase)/decrease in short-term investments | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net (increase)/decrease in restricted cash and short-term investments | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash used by financing activities | -578,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
restructuring and settlement charges | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase (decrease) in accounts payable and accrued liabilities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase (decrease) in air traffic liability | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase (decrease) in other liabilities and deferred credits |