7Baggers
Quarterly
Annual
    Unit: USD2025-09-30 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 2008-12-31 2008-09-30 2008-06-30 2008-03-31 2007-12-31 2007-09-30 2007-06-30 2007-03-31 2006-12-31 2006-09-30 2006-06-30 2006-03-31 
      
    		                                                                               
      cash flows from operating activities:
    		                                                                               
      net income
    		-159,000,000 362,000,000 -149,000,000 398,000,000 -300,000,000 598,000,000 -231,000,000 272,000,000 -490,000,000 842,000,000 -159,000,000 262,000,000 -483,000,000 1,038,000,000 -278,000,000 531,000,000 98,000,000 232,000,000 116,000,000 -1,917,000,000 -242,000,000 -821,000,000 -94,000,000 1,641,000,000 -82,000,000 354,000,000 387,000,000 1,850,000,000 -118,000,000 270,000,000 463,000,000 2,985,000,000 -243,000,000 395,000,000 351,000,000 1,856,000,000 -432,000,000 309,000,000 511,000,000 1,597,000,000 -24,000,000 155,000,000 453,000,000 807,000,000 -136,000,000 313,000,000 152,000,000 495,000,000 35,000,000 165,000,000 59,000,000 405,000,000 -212,000,000 130,000,000 98,000,000 318,000,000 -301,000,000 156,000,000 5,000,000 254,000,000 93,000,000 101,000,000 11,000,000 115,000,000 -70,000,000 145,000,000 -91,000,000 298,000,000 -441,000,000 287,000,000 34,000,000 483,000,000 -116,000,000 185,000,000 93,000,000 451,000,000 -285,000,000 272,000,000 61,000,000 
      adjustments to reconcile net income to net cash from operating activities:
    		                                                                               
      depreciation and amortization
    		-6,000,000 4,000,000 396,000,000 1,219,000,000 34,000,000 -4,000,000 408,000,000 1,147,000,000 8,000,000 2,000,000 365,000,000 1,016,000,000 10,000,000 1,000,000 324,000,000 950,000,000 7,000,000 3,000,000 312,000,000 940,000,000 2,000,000 2,000,000 311,000,000 911,000,000 6,000,000 5,000,000 297,000,000 900,000,000 9,000,000 15,000,000 277,000,000 916,000,000 -17,000,000 1,000,000 318,000,000 906,000,000 16,000,000 9,000,000 290,000,000 757,000,000 8,000,000 6,000,000 244,000,000 700,000,000 10,000,000 7,000,000 221,000,000 646,000,000 8,000,000 3,000,000 210,000,000 627,000,000 15,000,000 1,000,000 201,000,000 524,000,000 15,000,000 21,000,000 155,000,000 467,000,000 7,000,000 0 154,000,000 454,000,000 12,000,000 0 150,000,000 447,000,000 4,000,000 3,000,000 145,000,000 415,000,000 3,000,000 2,000,000 135,000,000 384,000,000 4,000,000 3,000,000 124,000,000 
      impairment of long-lived assets
    		           31,000,000 -11,000,000 -1,000,000 16,000,000                                                                 
      unrealized/realized loss on fuel derivative instruments
    		     0 1,000,000                                                                         
      deferred income taxes
    		-52,000,000 109,000,000 -43,000,000 113,000,000 -91,000,000 178,000,000 -68,000,000 102,000,000 -152,000,000 261,000,000 -52,000,000 152,000,000 -196,000,000 369,000,000 -97,000,000 -88,000,000 97,000,000 -35,000,000 5,000,000 -418,000,000 -117,000,000 -132,000,000 -49,000,000 -229,000,000 138,000,000 23,000,000 13,000,000 197,000,000 -27,000,000 59,000,000 72,000,000 -1,294,000,000 13,000,000 7,000,000 62,000,000 140,000,000 261,000,000 28,000,000 26,000,000 -27,000,000 -105,000,000 4,000,000 19,000,000 109,000,000 403,000,000 -103,000,000 92,000,000 21,000,000 8,000,000 19,000,000 2,000,000 169,000,000 58,000,000 10,000,000 14,000,000 213,000,000 -185,000,000 67,000,000 28,000,000 113,000,000 -43,000,000 51,000,000 12,000,000 64,000,000   -16,000,000 104,000,000 -183,000,000 140,000,000 -5,000,000 223,000,000 -20,000,000 83,000,000 42,000,000 253,000,000 -155,000,000 144,000,000 35,000,000 
      gain on sale-leaseback transactions
    		  -3,000,000                                                                             
      changes in certain assets and liabilities:
    		                                                                               
      accounts and other receivables
    		-173,000,000 33,000,000 57,000,000 -174,000,000 159,000,000 342,000,000 -308,000,000 127,000,000 -260,000,000 276,000,000 -232,000,000 364,000,000 -381,000,000 773,000,000 -334,000,000 -678,000,000 540,000,000 -329,000,000 -234,000,000 -171,000,000 -4,000,000 -302,000,000 183,000,000 -6,000,000 -106,000,000 240,000,000 -222,000,000 130,000,000 68,000,000 -66,000,000 -15,000,000   47,000,000 -35,000,000 270,000,000 -306,000,000 7,000,000 -21,000,000 -92,000,000 -37,000,000 171,000,000 -130,000,000 76,000,000 -32,000,000 82,000,000 -72,000,000 -90,000,000 124,000,000 46,000,000 -97,000,000 -31,000,000   -68,000,000 -37,000,000 32,000,000 66,000,000 -87,000,000 -68,000,000 84,000,000 25,000,000 -67,000,000 28,000,000   -22,000,000 9,000,000 159,000,000 -27,000,000 -70,000,000 -33,000,000 38,000,000 -6,000,000 -37,000,000 -8,000,000 21,000,000 -5,000,000 -13,000,000 
      other assets
    		-209,000,000 67,000,000 145,000,000 5,000,000 -45,000,000 46,000,000 -14,000,000 95,000,000 -93,000,000 8,000,000 50,000,000 -96,000,000 31,000,000 43,000,000 -44,000,000 16,000,000 43,000,000 27,000,000 -11,000,000 331,000,000 -140,000,000 166,000,000 58,000,000 160,000,000 -7,000,000 57,000,000 29,000,000 -197,000,000 5,000,000 143,000,000 -178,000,000 -198,000,000 55,000,000 -38,000,000 -81,000,000 -103,000,000 33,000,000 -53,000,000 4,000,000 70,000,000 40,000,000 -20,000,000 13,000,000 136,000,000 27,000,000 -28,000,000 7,000,000 17,000,000 -69,000,000 31,000,000 -25,000,000                             
      accounts payable and accrued liabilities
    		106,000,000 31,000,000 -126,000,000 -1,167,000,000 380,000,000 321,000,000 -897,000,000 1,034,000,000 -12,000,000 436,000,000 -72,000,000 1,006,000,000 -398,000,000 151,000,000 177,000,000 986,000,000 -1,937,000,000 1,055,000,000 -66,000,000 205,000,000 -1,174,000,000 2,491,000,000 -1,291,000,000 192,000,000 195,000,000 168,000,000 -257,000,000 384,000,000 -259,000,000 921,000,000 -501,000,000 157,000,000 427,000,000 -431,000,000 93,000,000 -21,000,000 535,000,000 -601,000,000 313,000,000 581,000,000 514,000,000 -311,000,000 177,000,000 570,000,000 -958,000,000 400,000,000 24,000,000 441,000,000 -260,000,000 42,000,000 120,000,000 373,000,000   225,000,000 292,000,000 -106,000,000 -171,000,000 238,000,000 198,000,000 -284,000,000 364,000,000 -85,000,000 206,000,000 -251,000,000 57,000,000 47,000,000 466,000,000 -4,470,000,000 1,535,000,000 616,000,000 1,753,000,000 -591,000,000 64,000,000 383,000,000 521,000,000 -999,000,000 -62,000,000 317,000,000 
      air traffic liability
    		434,000,000 -1,266,000,000 660,000,000 340,000,000 -60,000,000 -1,432,000,000 1,115,000,000 88,000,000 78,000,000 -1,084,000,000 947,000,000 618,000,000 -1,000,000 -977,000,000 885,000,000 1,033,000,000 -1,388,000,000 347,000,000 599,000,000 1,407,000,000 -451,000,000 -34,000,000 701,000,000 457,000,000 13,000,000 -974,000,000 944,000,000 454,000,000 -48,000,000 -766,000,000 866,000,000 425,000,000 -81,000,000 -896,000,000 897,000,000 202,000,000 -156,000,000 -606,000,000 685,000,000 395,000,000 -502,000,000 -516,000,000 717,000,000 434,000,000 -261,000,000 -608,000,000 761,000,000 495,000,000 -294,000,000 -508,000,000 707,000,000 339,000,000   720,000,000 354,000,000 -156,000,000 -448,000,000 512,000,000 216,000,000 -149,000,000 -270,000,000 356,000,000 75,000,000 49,000,000 -331,000,000 288,000,000 60,000,000 -133,000,000 -162,000,000 267,000,000 158,000,000 -139,000,000 -98,000,000 210,000,000 140,000,000 -19,000,000 -251,000,000 280,000,000 
      other liabilities
    		-12,000,000 91,000,000 -63,000,000 -179,000,000 27,000,000 26,000,000 -71,000,000 -48,000,000 -45,000,000 3,000,000 -47,000,000 -251,000,000 20,000,000 2,000,000 -105,000,000 -15,000,000 -24,000,000 58,000,000 -122,000,000 -200,000,000 -32,000,000 58,000,000 -132,000,000 -190,000,000 -33,000,000 15,000,000 -69,000,000                                                     
      cash collateral provided to derivative counterparties
    		  -22,000,000                                    -231,000,000                                         
      other
    		-35,000,000 77,000,000 8,000,000 -81,000,000 6,000,000 26,000,000 -39,000,000 -190,000,000 137,000,000 -58,000,000 -60,000,000 53,000,000 -62,000,000 6,000,000 31,000,000 48,000,000 -37,000,000 2,000,000 15,000,000 -76,000,000 -5,000,000 47,000,000 -61,000,000 -65,000,000 -14,000,000 3,000,000 -32,000,000 -59,000,000   -40,000,000 -113,000,000 29,000,000 7,000,000 -44,000,000 -122,000,000 -8,000,000 14,000,000 -49,000,000 -154,000,000 -256,000,000 -17,000,000 -35,000,000 -251,000,000 -28,000,000 19,000,000 -17,000,000 -9,000,000 78,000,000 2,000,000 3,000,000 -51,000,000 170,000,000 -129,000,000 143,000,000 192,000,000 80,000,000 -248,000,000 170,000,000 -384,000,000 433,000,000 -392,000,000 -18,000,000 92,000,000 44,000,000 12,000,000 -27,000,000 -143,000,000 115,000,000 -147,000,000 -51,000,000 -145,000,000 -12,000,000 139,000,000 -133,000,000 5,000,000 99,000,000 55,000,000 -57,000,000 
      net cash from operating activities
    		-114,000,000 -459,000,000 860,000,000 349,000,000 136,000,000 81,000,000 -104,000,000 2,548,000,000 -800,000,000 710,000,000 706,000,000 3,556,000,000 -1,672,000,000 835,000,000 1,071,000,000 2,897,000,000 -2,580,000,000 1,360,000,000 645,000,000 -77,000,000 -1,947,000,000 1,274,000,000 -377,000,000 2,896,000,000 125,000,000 -139,000,000 1,105,000,000 3,622,000,000 -360,000,000 629,000,000 1,002,000,000 2,933,000,000 250,000,000 -879,000,000 1,625,000,000 3,437,000,000 -256,000,000 -504,000,000 1,616,000,000 2,402,000,000 209,000,000 -825,000,000 1,452,000,000 2,662,000,000 -1,098,000,000 219,000,000 1,119,000,000 2,049,000,000 -350,000,000 -205,000,000 983,000,000 1,600,000,000 319,000,000 -1,080,000,000 1,225,000,000 1,603,000,000 -455,000,000 -728,000,000 965,000,000 1,176,000,000 -155,000,000 167,000,000 373,000,000 913,000,000 -63,000,000 -151,000,000 286,000,000 755,000,000 -4,612,000,000 1,372,000,000 964,000,000 2,691,000,000 -826,000,000 363,000,000 617,000,000 1,725,000,000 -1,151,000,000 81,000,000 751,000,000 
      cash flows from investing activities:
    		                                                                               
      capital expenditures
    		-43,000,000 -134,000,000 -501,000,000 -1,537,000,000 -23,000,000 89,000,000 -583,000,000 -2,678,000,000 83,000,000 121,000,000 -1,046,000,000 -2,852,000,000 -85,000,000 -477,000,000 -510,000,000 -370,000,000 -40,000,000 0 -95,000,000 -426,000,000 24,000,000 111,000,000 -224,000,000 -652,000,000 -145,000,000 -70,000,000 -160,000,000 -1,468,000,000 67,000,000 -112,000,000 -409,000,000 -1,485,000,000 -87,000,000 -137,000,000 -414,000,000 -1,574,000,000 -2,000,000 -24,000,000 -438,000,000 -1,811,000,000 198,000,000 145,000,000 -573,000,000 -1,315,000,000 67,000,000 -93,000,000 -407,000,000                                 
      free cash flows
    		-157,000,000 -593,000,000 359,000,000 -1,188,000,000 113,000,000 170,000,000 -687,000,000 -130,000,000 -717,000,000 831,000,000 -340,000,000 704,000,000 -1,757,000,000 358,000,000 561,000,000 2,527,000,000 -2,620,000,000 1,360,000,000 550,000,000 -503,000,000 -1,923,000,000 1,385,000,000 -601,000,000 2,244,000,000 -20,000,000 -209,000,000 945,000,000 2,154,000,000 -293,000,000 517,000,000 593,000,000 1,448,000,000 163,000,000 -1,016,000,000 1,211,000,000 1,863,000,000 -258,000,000 -528,000,000 1,178,000,000 591,000,000 407,000,000 -680,000,000 879,000,000 1,347,000,000 -1,031,000,000 126,000,000 712,000,000                                 
      assets constructed for others
    		   -16,000,000 -4,000,000 3,000,000 -9,000,000 -25,000,000 0 -2,000,000 -6,000,000 -15,000,000 -4,000,000 1,000,000 -4,000,000 -3,000,000   32,000,000    34,000,000     -46,000,000 9,000,000 7,000,000 -24,000,000 -109,000,000 30,000,000 2,000,000 -49,000,000 -76,000,000 -7,000,000 -15,000,000 -11,000,000 -70,000,000 -10,000,000 0 -22,000,000 -107,000,000 8,000,000 6,000,000 13,000,000                                 
      proceeds from sale-leaseback transactions
    		  24,000,000                                                                             
      purchases of short-term investments
    		219,000,000 -268,000,000 -51,000,000 -4,378,000,000 896,000,000 146,000,000 -1,678,000,000 -5,350,000,000 -98,000,000 682,000,000 -2,204,000,000 -3,849,000,000 -198,000,000 -620,000,000 -925,000,000 -4,299,000,000 126,000,000 -327,000,000 -1,324,000,000 -3,544,000,000 -220,000,000 -287,000,000 -1,029,000,000 -1,593,000,000 21,000,000 -299,000,000 -251,000,000 -1,731,000,000 52,000,000 -530,000,000 -200,000,000 -1,849,000,000 28,000,000 4,000,000 -563,000,000 -1,747,000,000 132,000,000 -517,000,000 -256,000,000 -1,480,000,000 56,000,000 -246,000,000 -316,000,000 -2,665,000,000 744,000,000 -389,000,000 -770,000,000 -2,239,000,000 4,000,000 -175,000,000 -725,000,000 -1,818,000,000 -30,000,000 -12,000,000 -621,000,000 -3,837,000,000 254,000,000 -295,000,000 -1,484,000,000 -4,473,000,000 649,000,000 -420,000,000 -1,380,000,000 -4,399,000,000 -313,000,000 303,000,000 -1,697,000,000 -5,092,000,000 1,432,000,000 -1,005,000,000 -1,221,000,000 -3,551,000,000 -377,000,000 -244,000,000 -914,000,000     
      proceeds from sales of short-term and other investments
    		278,000,000 -1,082,000,000 1,154,000,000 4,374,000,000 -199,000,000 100,000,000 1,720,000,000 5,185,000,000 578,000,000 149,000,000 1,679,000,000 4,090,000,000 722,000,000 -320,000,000 1,300,000,000 3,820,000,000 -26,000,000 59,000,000 1,218,000,000 3,145,000,000 373,000,000 -130,000,000 948,000,000 1,901,000,000 17,000,000 -47,000,000 575,000,000 1,811,000,000 -43,000,000 14,000,000 560,000,000 1,655,000,000 -7,000,000 17,000,000 556,000,000 1,714,000,000 -42,000,000 61,000,000 530,000,000 1,714,000,000 -105,000,000 5,000,000 609,000,000 2,380,000,000 2,000,000 -16,000,000 819,000,000 2,393,000,000 12,000,000                               
      net cash from investing activities
    		454,000,000 -1,505,000,000 623,000,000 -719,000,000 664,000,000 379,000,000 -585,000,000 -2,868,000,000 563,000,000 950,000,000 -1,577,000,000 -2,626,000,000 435,000,000 -1,416,000,000 -139,000,000 -852,000,000 57,000,000 -268,000,000 -201,000,000 418,000,000 -766,000,000 337,000,000 -5,000,000 56,000,000 -107,000,000 -416,000,000 164,000,000 -1,434,000,000 90,000,000 -621,000,000 -73,000,000 -1,788,000,000 -36,000,000 -114,000,000 -470,000,000 -1,688,000,000 90,000,000 -499,000,000 -175,000,000 -1,654,000,000 148,000,000 -105,000,000 -302,000,000 -1,683,000,000 813,000,000 -499,000,000 -358,000,000 -1,025,000,000 -59,000,000 172,000,000 -472,000,000 -556,000,000 78,000,000 -343,000,000 -12,000,000 -914,000,000 452,000,000 -358,000,000 -231,000,000 -953,000,000 298,000,000 -288,000,000 -322,000,000 -1,272,000,000 80,000,000 261,000,000 -638,000,000 -932,000,000 1,218,000,000 -1,138,000,000 -126,000,000 -1,213,000,000 217,000,000 -262,000,000 -271,000,000 -1,156,000,000 141,000,000 -171,000,000 -309,000,000 
      cash flows from financing activities:
    		                                                                               
      payroll support program stock warrants repurchase
    		                                                                               
      proceeds from employee stock plans
    		-1,000,000 -2,000,000 17,000,000 45,000,000 0 0 15,000,000 35,000,000 -1,000,000 5,000,000 9,000,000 33,000,000 -1,000,000 7,000,000 6,000,000 38,000,000 0 0 13,000,000 35,000,000 0 2,000,000 11,000,000 31,000,000 -1,000,000 0 10,000,000 26,000,000 0 0 9,000,000 22,000,000 0 0 7,000,000 23,000,000 0 -5,000,000 11,000,000 37,000,000 1,000,000 -5,000,000 13,000,000 87,000,000 -2,000,000 -24,000,000 49,000,000 84,000,000 -1,000,000 7,000,000 6,000,000 22,000,000 -7,000,000 7,000,000 5,000,000 16,000,000 -23,000,000 23,000,000 4,000,000 45,000,000 -13,000,000 11,000,000 12,000,000 16,000,000 0 0 4,000,000 32,000,000 68,000,000 6,000,000 11,000,000 103,000,000 22,000,000 -64,000,000 78,000,000 170,000,000 61,000,000 -78,000,000 107,000,000 
      repurchase of common stock
    		1,250,000,000 -750,000,000 -750,000,000                    -451,000,000 -1,500,000,000 -50,000,000 50,000,000 -500,000,000 -1,500,000,000 0 0 -500,000,000 -1,300,000,000 100,000,000 150,000,000 -550,000,000 -1,500,000,000 450,000,000 -200,000,000 -500,000,000 -680,000,000 -120,000,000 -80,000,000 -300,000,000 -755,000,000 40,000,000 75,000,000 -315,000,000 -390,000,000 101,000,000 -151,000,000 -100,000,000 -350,000,000 175,000,000 -175,000,000 -50,000,000 -50,000,000               -54,000,000 -674,000,000 137,000,000 -255,000,000 -209,000,000 -702,000,000 191,000,000 -75,000,000 -214,000,000 
      payments of long-term debt and finance lease obligations
    		2,586,000,000 -2,587,000,000 -5,000,000 -1,326,000,000 -3,000,000 0 -8,000,000 -74,000,000 -3,000,000 51,000,000 -59,000,000 -758,000,000 -1,626,000,000 40,000,000 -93,000,000 -545,000,000 -24,000,000 24,000,000 -67,000,000 -780,000,000 100,000,000 -81,000,000 -78,000,000 -545,000,000 5,000,000 24,000,000 -99,000,000                                                     
      payments of cash dividends
    		-86,000,000 4,000,000 -107,000,000 -214,000,000   -215,000,000 -214,000,000   -214,000,000            -188,000,000 -276,000,000 2,000,000 80,000,000 -178,000,000 -241,000,000 2,000,000 55,000,000 -148,000,000 -199,000,000 1,000,000 47,000,000 -123,000,000 -160,000,000 1,000,000 33,000,000 -96,000,000 -131,000,000 1,000,000 31,000,000 -81,000,000 -98,000,000 1,000,000 14,000,000 -56,000,000 -43,000,000 0 -13,000,000 -15,000,000 -15,000,000   -7,000,000 -11,000,000 0 4,000,000 -7,000,000 -10,000,000 0 4,000,000 -7,000,000 -10,000,000   -7,000,000 -10,000,000 0 4,000,000 -7,000,000 -11,000,000 0 4,000,000 -7,000,000 -10,000,000 0 3,000,000 -7,000,000 
      net cash from financing activities
    		3,746,000,000 -3,320,000,000 -858,000,000 -1,770,000,000 -214,000,000 236,000,000 -232,000,000 -223,000,000 -223,000,000 272,000,000 -262,000,000 -1,127,000,000 -1,690,000,000 99,000,000 -314,000,000 516,000,000 -774,000,000 153,000,000 464,000,000 8,416,000,000 -5,940,000,000 5,408,000,000 1,774,000,000 -2,300,000,000 -78,000,000 167,000,000 -779,000,000 -1,819,000,000 -32,000,000 -43,000,000 -602,000,000 -1,253,000,000 23,000,000 508,000,000 -984,000,000 -1,578,000,000 440,000,000 -150,000,000 -636,000,000 -415,000,000 -136,000,000 -66,000,000 -407,000,000 -1,002,000,000 94,000,000 35,000,000 -375,000,000 -626,000,000 102,000,000 -41,000,000 -286,000,000 -845,000,000 163,000,000 219,000,000 -484,000,000 -542,000,000 -132,000,000 -136,000,000 44,000,000 -118,000,000 20,000,000 4,000,000 -55,000,000 149,000,000 138,000,000 -86,000,000 129,000,000 1,595,000,000 -540,000,000 668,000,000 -69,000,000 -100,000,000 67,000,000 -342,000,000 -118,000,000 -814,000,000 373,000,000 -238,000,000 -122,000,000 
      net change in cash and cash equivalents
    		4,086,000,000 -5,284,000,000 625,000,000 -2,140,000,000 586,000,000 696,000,000 -921,000,000 -543,000,000 -460,000,000 1,932,000,000 -1,133,000,000 -197,000,000 -2,927,000,000 -482,000,000 618,000,000 2,561,000,000 -3,297,000,000 1,245,000,000 908,000,000 8,757,000,000 -8,653,000,000 7,019,000,000 1,392,000,000 652,000,000 -60,000,000 -388,000,000 490,000,000 369,000,000 -302,000,000 -35,000,000 327,000,000 -108,000,000 237,000,000 -485,000,000 171,000,000 171,000,000 274,000,000 -1,153,000,000 805,000,000 333,000,000 221,000,000 -996,000,000 743,000,000 -23,000,000 -191,000,000 -245,000,000 386,000,000 398,000,000 -307,000,000 -74,000,000 225,000,000 199,000,000 560,000,000 -1,204,000,000 729,000,000 147,000,000 -135,000,000 -1,222,000,000 778,000,000 105,000,000 163,000,000 -117,000,000 -4,000,000                 
      cash and cash equivalents at beginning of period
    		-4,659,000,000 625,000,000 7,509,000,000 1,146,000,000 -225,000,000 -921,000,000 9,288,000,000 334,000,000 799,000,000 -1,133,000,000 9,492,000,000 -754,000,000 136,000,000 618,000,000 12,480,000,000 -3,061,000,000 2,153,000,000 908,000,000 11,063,000,000 -9,803,000,000 8,411,000,000 1,392,000,000 2,548,000,000 -592,000,000 102,000,000 490,000,000 1,854,000,000 -619,000,000 292,000,000 327,000,000 1,495,000,000 143,000,000 -314,000,000 171,000,000 1,680,000,000 -457,000,000 -348,000,000 805,000,000 1,583,000,000 -490,000,000 -253,000,000 743,000,000 1,282,000,000 -527,000,000 141,000,000 386,000,000 1,355,000,000 -376,000,000 151,000,000 225,000,000 1,113,000,000 -254,000,000 -475,000,000 729,000,000 829,000,000                        2,280,000,000 
      cash and cash equivalents at end of period
    		-573,000,000 -4,659,000,000 8,134,000,000 -994,000,000 361,000,000 -225,000,000 8,367,000,000 -209,000,000 339,000,000 799,000,000 8,359,000,000 -951,000,000 -2,791,000,000 136,000,000 13,098,000,000 -500,000,000 -1,144,000,000 2,153,000,000 11,971,000,000 -1,046,000,000 -242,000,000 8,411,000,000 3,940,000,000 60,000,000 42,000,000 102,000,000 2,344,000,000 -250,000,000 -10,000,000 292,000,000 1,822,000,000 35,000,000 -77,000,000 -314,000,000 1,851,000,000 -286,000,000 -74,000,000 -348,000,000 2,388,000,000 -157,000,000 -32,000,000 -253,000,000 2,025,000,000 -550,000,000 -50,000,000 141,000,000 1,741,000,000 22,000,000 -156,000,000 151,000,000 1,338,000,000 -55,000,000 85,000,000 -475,000,000 1,558,000,000                        2,600,000,000 
      cash payments for:
    		                                                                               
      interest, net of amount capitalized
    		-50,000,000 42,000,000 11,000,000 206,000,000 -78,000,000 74,000,000 18,000,000 209,000,000 -77,000,000 77,000,000 19,000,000 263,000,000 -99,000,000 121,000,000 20,000,000    17,000,000    14,000,000 77,000,000 -22,000,000 18,000,000 15,000,000 89,000,000 -16,000,000 16,000,000 18,000,000 65,000,000 -2,000,000 -9,000,000 27,000,000 73,000,000 4,000,000 -4,000,000 27,000,000  12,000,000 -11,000,000 32,000,000  2,000,000 -1,000,000 34,000,000 94,000,000 13,000,000 -15,000,000 41,000,000    47,000,000     102,000,000 0 -1,000,000 34,000,000 121,000,000 -11,000,000 6,000,000 36,000,000 61,000,000 23,000,000 -9,000,000 25,000,000 42,000,000 11,000,000 -9,000,000 19,000,000 58,000,000 2,000,000 -2,000,000 20,000,000 
      income taxes
    		 3,000,000 1,000,000   1,000,000 3,000,000 17,000,000 -5,000,000 4,000,000 2,000,000 12,000,000 1,000,000 3,000,000 4,000,000    1,000,000    5,000,000 610,000,000 -145,000,000 310,000,000 4,000,000 289,000,000 -132,000,000 166,000,000 4,000,000 763,000,000 -147,000,000 370,000,000 6,000,000 638,000,000 -301,000,000 492,000,000 73,000,000 1,031,000,000 -46,000,000 344,000,000 111,000,000 23,000,000 120,000,000   222,000,000 103,000,000 19,000,000 2,000,000    1,000,000     169,000,000 66,000,000     2,000,000 1,000,000 14,000,000 50,000,000 1,000,000 6,000,000 26,000,000 65,000,000 2,000,000 1,000,000 8,000,000 4,000,000   
      supplemental disclosure of non-cash transactions:
    		                                                                               
      right-of-use assets acquired or modified under operating leases
    		-16,000,000 6,000,000 14,000,000 354,000,000                                                                            
      flight and ground equipment acquired or modified under finance leases
    		   -2,000,000                                                                            
      adjustments to reconcile net income to cash from operating activities:
    		                                                                               
      unrealized mark-to-market adjustment on available for sale securities
    		          -4,000,000   -1,000,000 5,000,000                                                                 
      unrealized/realized gain on fuel derivative instruments
    		                                                                               
      loss on extinguishment of debt
    		           117,000,000                                                                    
      proceeds of terminated interest rate derivative instruments
    		                                                                               
      payments for repurchases and conversions of convertible debt
    		           -409,000,000 -61,000,000 52,000,000 -230,000,000 -172,000,000                                                                
      adoption of accounting standards update 2020-06, debt
    		              245,000,000                                                                 
      cash collateral received from (provided to) derivative counterparties
    		       -96,000,000 56,000,000 14,000,000 -30,000,000 256,000,000 -224,000,000      38,000,000 14,000,000 -17,000,000 17,000,000 -5,000,000            37,000,000 421,000,000 -233,000,000   -751,000,000 558,000,000 -360,000,000 -17,000,000         -19,000,000                            
      right-of-use assets acquired under operating leases
    		     -10,000,000 16,000,000 73,000,000 -13,000,000 -25,000,000 47,000,000 44,000,000 11,000,000 -21,000,000 24,000,000    218,000,000    25,000,000                                                         
      proceeds from payroll support program loan and warrants
    		                 114,000,000 511,000,000 886,000,000 -755,000,000                                                           
      flight equipment acquired against supplier credit memo
    		                                                                               
      remeasurement of right-of-use asset and lease liability
    		                                                                               
      unrealized/realized (gain) on fuel derivative instruments
    		                                                                               
      supplemental disclosure of noncash transactions:
    		                                                                               
      unrealized/realized (gain) loss on fuel derivative instruments
    		           24,000,000 -6,000,000 -54,000,000 34,000,000 -13,000,000 15,000,000 -10,000,000 -7,000,000   4,000,000 2,000,000      2,000,000 3,000,000 -7,000,000 -8,000,000 -36,000,000 -33,000,000 27,000,000 -133,000,000 55,000,000 -210,000,000 88,000,000  13,000,000                                       
      supplier proceeds
    		                     -172,000,000 300,000,000                                                         
      issuance of common stock
    		                                                                               
      proceeds from issuance of long-term debt
    		                   4,497,000,000 -2,872,000,000 3,497,000,000 500,000,000                                                         
      proceeds from term loan credit facility
    		                     1,683,000,000 1,000,000,000                                                         
      proceeds from revolving credit facility
    		                      1,000,000,000                                                         
      proceeds from convertible notes
    		                                                                               
      payments of term loan credit facility
    		                                                                               
      payments of revolving credit facility
    		                                                                               
      payments of terminated interest rate derivative instruments
    		                   -28,000,000                                                            
      capitalized financing items
    		                   -178,000,000                                                            
      loss on partial extinguishment of convertible and unsecured notes
    		             -29,000,000 72,000,000                                                                 
      cash collateral received from derivative counterparties
    		              385,000,000            15,000,000  -65,000,000 10,000,000 65,000,000  52,000,000                  28,000,000    147,000,000                         
      loss on partial extinguishment of convertible notes
    		               16,000,000                                                                
      supplier receivables
    		                                                                               
      reimbursement for assets constructed for others
    		                           162,000,000 -9,000,000 -122,000,000 139,000,000 109,000,000 -30,000,000 -2,000,000 49,000,000 74,000,000 8,000,000 15,000,000 10,000,000 15,000,000 6,000,000 1,000,000 2,000,000 1,000,000                                    
      repayment of construction obligation
    		                           -22,000,000 -1,000,000 0 -7,000,000 -8,000,000 0 0 -2,000,000 -7,000,000 0 0 -2,000,000 -7,000,000 0 -1,000,000 -2,000,000 -8,000,000 -1,000,000 1,000,000 -3,000,000                                 
      capitalized financing costs
    		                                                                               
      supplemental disclosure of noncash transactions
    		                                                                               
      right-of-use assets acquired under finance leases
    		                                                                               
      boeing 737-300 aircraft grounding charge
    		                                                                               
      unrealized/realized gains on fuel derivative instruments
    		                                                                               
      flight equipment under finance leases
    		                          1,000,000                                                     
      loss on asset impairment
    		                                                                               
      aircraft grounding charge
    		                               0                                                
      payments of long-term debt and capital lease obligations
    		                           -244,000,000 -23,000,000 7,000,000 -82,000,000 -486,000,000 -47,000,000 310,000,000 -369,000,000 -455,000,000 -20,000,000 8,000,000 -56,000,000 -134,000,000 -39,000,000 11,000,000 -51,000,000 -513,000,000 25,000,000 -27,000,000 -46,000,000 -262,000,000 1,000,000 112,000,000 -164,000,000 -530,000,000 -10,000,000 393,000,000 -431,000,000 -492,000,000 -16,000,000 -2,000,000 -30,000,000 -116,000,000 -14,000,000 35,000,000 -60,000,000 -64,000,000   -35,000,000 -40,000,000 -9,000,000 13,000,000 -19,000,000 -21,000,000 -95,000,000 3,000,000 -9,000,000 -606,000,000 98,000,000 -62,000,000 -37,000,000 
      payments of convertible debt
    		                                                                               
      flight equipment acquired through the assumption of debt
    		                                   0                                            
      flight equipment under capital leases
    		                           14,000,000   14,000,000 156,000,000 12,000,000 26,000,000 39,000,000   -86,000,000 169,000,000 145,000,000                                        
      proceeds from termination of interest rate derivative instrument
    		                                                                               
      proceeds from termination of interest rate derivative instruments
    		                                          12,000,000                                     
      unrealized (gain) loss on fuel derivative instruments
    		                                          11,000,000 216,000,000 70,000,000       -173,000,000 -79,000,000 264,000,000 -201,000,000 -303,000,000 522,000,000    -183,000,000                   
      interest
    		                                                                               
      cash collateral received from (paid to) derivative counterparties
    		                                            -193,000,000                                   
      unrealized gains on fuel derivative instruments
    		                                              -60,000,000                                 
      cash collateral paid to derivative counterparties
    		                                              11,000,000  133,000,000                               
      payment to acquire airtran, net of airtran cash on hand
    		                                                                               
      payments for purchase of property and equipment
    		                                               -1,179,000,000 -75,000,000 341,000,000 -534,000,000 -942,000,000 10,000,000 -289,000,000 -127,000,000 -692,000,000 -61,000,000                       
      fair value of equity consideration given to acquire airtran
    		                                                                               
      fair value of common stock issued for conversion of debt
    		                                                                               
      amortization of deferred gains on sale and leaseback of aircraft
    		                                                0 0 -3,000,000 -9,000,000   -3,000,000                        -4,000,000 
      unrealized gain on fuel derivative instruments
    		                                                  -21,000,000                             
      proceeds from sales of short-term investments
    		                                                  787,000,000  95,000,000 -56,000,000 736,000,000 3,650,000,000 224,000,000 130,000,000 1,310,000,000 3,913,000,000 -410,000,000 152,000,000 1,197,000,000 3,512,000,000 405,000,000 59,000,000 1,144,000,000 4,905,000,000 -259,000,000 -274,000,000 1,459,000,000 3,350,000,000 575,000,000 -5,000,000 968,000,000     
      changes in certain assets and liabilities
    		                                                                               
      other current assets
    		                                                      -51,000,000 -154,000,000 4,000,000 46,000,000 -92,000,000 -15,000,000 2,000,000 23,000,000 -18,000,000 -38,000,000 39,000,000 18,000,000 -46,000,000 -483,000,000 333,000,000 -260,000,000 26,000,000 -160,000,000 23,000,000 -36,000,000 -56,000,000 -34,000,000 209,000,000 -102,000,000 14,000,000 
      payments of convertible debt obligations
    		                                                                               
      payment of credit line borrowing obligations
    		                                                                               
      see accompanying notes.
    		                                                                               
      issuance of long-term debt
    		                                                               331,000,000 -208,000,000               
      proceeds from credit line borrowing
    		                                                               0                
      proceeds from sale leaseback transactions
    		                                                                               
      payment of revolving credit facility obligations
    		                                                                               
      adjustments to reconcile net income to
    		                                                                               
      cash from operating activities:
    		                                                                               
      amortization of deferred gains on sale and
    		                                                                               
      leaseback of aircraft
    		                                                        0 0 -3,000,000  0 0 -3,000,000    -3,000,000  0 0 -3,000,000  0 0 -4,000,000  0   
      cash collateral received from
    		                                                                               
      derivative counterparties
    		                                                        -360,000,000 -78,000,000 29,000,000  -115,000,000 125,000,000 5,000,000                 
      proceeds from termination of interest rate
    		                                                                               
      derivative instrument
    		                                                                               
      payment of credit line borrowing
    		                                                                               
      cash and cash equivalents at
    		                                                                               
      beginning of period
    		                                                        -444,000,000 778,000,000 1,261,000,000  -121,000,000 -4,000,000 1,114,000,000  -199,000,000 -223,000,000 1,368,000,000  1,671,000,000 769,000,000 2,213,000,000 -215,000,000 -13,000,000 228,000,000 1,390,000,000  -8,000,000   
      cash and cash equivalents
    		                                                                               
      at end of period
    		                                                        -579,000,000 -444,000,000 2,039,000,000  42,000,000 -121,000,000 1,110,000,000  -44,000,000 -199,000,000 1,145,000,000  -2,263,000,000 1,671,000,000 2,982,000,000  -555,000,000 -13,000,000 1,618,000,000  -645,000,000   
      cash collateral received from (provided to) fuel
    		                                                                               
      unrealized loss on fuel derivative instruments
    		                                                          10,000,000    21,000,000 2,000,000                
      cash collateral received from fuel
    		                                                                               
      purchases of property and equipment
    		                                                          -57,000,000 -393,000,000 59,000,000 -20,000,000 -139,000,000 -387,000,000 -11,000,000 -102,000,000 -85,000,000 -745,000,000 45,000,000 141,000,000 -364,000,000 -1,012,000,000 19,000,000 -13,000,000 -325,000,000 -1,018,000,000 23,000,000 -142,000,000 -262,000,000 
      proceeds from termination of interest rate derivatives
    		                                                          76,000,000                     
      cash collateral received from (provided to) fuel derivative counterparties
    		                                                                               
      supplemental disclosures
    		                                                                               
      proceeds from sale and leaseback transactions
    		                                                                 35,000,000 173,000,000             
      payment of revolving credit facility
    		                                                                               
      share-based compensation expense
    		                                                              3,000,000 10,000,000 0 0 3,000,000 14,000,000 -1,000,000 0 5,000,000 33,000,000 -9,000,000 0 13,000,000 60,000,000 -3,000,000 1,000,000 22,000,000 
      excess tax benefits from share-based
    		                                                                               
      compensation arrangements
    		                                                              2,000,000  -9,000,000 2,000,000 3,000,000  5,000,000           
      excess tax benefits from share-based compensation arrangements
    		                                                                         30,000,000 -29,000,000     
      net change in cash and
    		                                                                               
      cash equivalents
    		                                                                155,000,000 24,000,000 -223,000,000  -3,934,000,000 902,000,000 769,000,000         
      debtor in possession loan to ata airlines, inc.
    		                                                                               
      proceeds from revolving credit agreement
    		                                                                               
      net increase in cash and cash equivalents
    		                                                                              320,000,000 
      payment for assets of ata airlines, inc.
    		                                                                               
      net increase in cash
    		                                                                               
      and cash equivalents
    		                                                                         -241,000,000 228,000,000  -637,000,000   
      noncash rights to airport gates acquired through reduction in debtor in possession loan to ata airlines, inc.
    		                                                                               
      proceeds from ata airlines, inc.
    		                                                                               
      debtor in possession loan
    		                                                                               
      proceeds from ata airlines, inc. debtor in possession loan
    		                                                                              20,000,000 
      excess tax benefits from share-based compensation expense
    		                                                                           -35,000,000 -23,000,000 26,000,000 -28,000,000 
      change in short-term investments
    		                                                                            118,000,000 -8,000,000 -68,000,000 
      payment for assets from ata airlines, inc.
    		                                                                               
      amortization of scheduled airframe inspections and repairs
    		                                                                               
      income tax benefit from employee stock option exercises
    		                                                                               
      initial payment for assets of ata airlines, inc.
    		                                                                               
      proceeds from trust arrangement
    		                                                                               
      payments of trust arrangement
    		                                                                               
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.