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 2023-06-30 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 2017-09-30 2017-06-30 2017-03-31 2016-06-30 2016-03-31 2015-09-30 2015-06-30 2015-03-31 2014-09-30 2014-06-30 2014-03-31 2013-03-31 2012-09-30 2012-06-30 2011-03-31 2010-06-30 
      
    		                                              
      assets
    		                                              
      cash and cash equivalents
    		6,730,000,000 9,354,000,000 9,370,000,000 8,769,000,000 8,812,000,000 10,864,000,000 8,401,000,000 6,058,000,000 9,605,000,000 7,634,000,000  11,258,000,000 16,885,000,000 18,468,000,000  19,256,000,000 20,838,000,000 12,666,000,000  13,150,000,000 6,505,000,000 3,442,000,000 2,762,000,000 2,959,000,000 3,221,000,000 1,848,000,000 1,694,000,000 2,621,000,000 2,884,000,000 2,404,000,000 1,870,000,000 2,371,000,000 2,164,000,000 24,832,483,000,000 1,795,000,000 34,273,427,000,000 27,962,796,000,000 33,523,352,000,000 31,173,117,000,000 34,243,424,000,000 30,093,009,000,000 35,383,538,000,000 51,295,129,000,000 60,866,086,000,000 81,658,165,000,000  
      short-term investments
    		6,599,000,000 6,262,000,000 5,960,000,000 5,706,000,000 5,352,000,000 4,384,000,000 5,591,000,000 8,330,000,000 9,533,000,000 9,522,000,000  7,437,000,000 3,190,000,000 211,000,000  166,000,000 230,000,000 309,000,000  552,000,000 958,000,000 1,779,000,000 2,182,000,000 2,167,000,000 2,223,000,000 2,219,000,000 2,256,000,000 2,314,000,000 2,187,000,000 2,071,000,000 2,458,000,000 2,278,000,000 2,215,000,000  2,177,000,000            
      receivables
    		2,433,000,000 2,286,000,000 2,288,000,000 2,163,000,000                                           
      aircraft fuel, spare parts and supplies
    		1,588,000,000 1,547,000,000 1,601,000,000 1,572,000,000                                           
      prepaid expenses and other
    		744,000,000 809,000,000 928,000,000 673,000,000 690,000,000 669,000,000 730,000,000 609,000,000 836,000,000 787,000,000  783,000,000 883,000,000 762,000,000  717,000,000 646,000,000 483,000,000  566,000,000 766,000,000 822,000,000 814,000,000 725,000,000 708,000,000 780,000,000 913,000,000 973,000,000 1,028,000,000 1,128,000,000 1,009,000,000 1,218,000,000 1,016,000,000  912,000,000            
      total current assets
    		18,094,000,000 20,258,000,000 20,148,000,000 18,883,000,000 18,571,000,000 20,003,000,000 18,696,000,000 18,487,000,000 23,306,000,000 21,586,000,000  22,689,000,000 24,371,000,000 22,612,000,000  23,057,000,000 24,673,000,000 16,019,000,000  16,476,000,000 10,041,000,000 7,905,000,000 8,194,000,000 8,533,000,000 8,910,000,000 7,608,000,000 7,194,000,000 8,671,000,000 8,881,000,000 8,287,000,000 7,877,000,000 8,248,000,000 7,724,000,000              
      operating property and equipment
    		44,968,000,000 43,896,000,000 43,430,000,000 42,908,000,000                                           
      operating lease right-of-use assets
    		4,821,000,000 4,517,000,000 4,092,000,000 3,815,000,000 3,782,000,000 3,803,000,000 3,895,000,000 3,914,000,000 3,995,000,000 4,019,000,000  4,280,000,000 4,440,000,000 4,579,000,000  4,697,000,000 4,421,000,000 4,516,000,000  4,544,000,000 4,738,000,000 4,853,000,000 4,758,000,000 4,937,000,000 4,908,000,000 5,065,000,000                     
      goodwill
    		4,527,000,000 4,527,000,000 4,527,000,000 4,527,000,000 4,527,000,000 4,527,000,000 4,527,000,000 4,527,000,000 4,527,000,000 4,527,000,000  4,527,000,000 4,527,000,000 4,527,000,000  4,527,000,000 4,527,000,000 4,527,000,000  4,527,000,000 4,523,000,000 4,523,000,000 4,523,000,000 4,523,000,000 4,523,000,000 4,523,000,000 4,523,000,000 4,523,000,000 4,523,000,000 4,523,000,000 4,523,000,000 4,523,000,000 4,523,000,000  4,523,000,000            
      intangible assets
    		2,662,000,000 2,669,000,000 2,676,000,000 2,683,000,000                                           
      investments in affiliates and other
    		1,242,000,000 1,295,000,000 1,239,000,000 1,267,000,000                824,000,000 798,000,000 763,000,000 1,180,000,000 1,131,000,000 1,139,000,000 1,098,000,000 966,000,000 848,000,000 848,000,000 853,000,000 882,000,000                
      total noncurrent assets
    		58,219,000,000 56,904,000,000 55,963,000,000 55,200,000,000                                           
      total assets
    		76,313,000,000 77,163,000,000 76,111,000,000 74,083,000,000 72,640,000,000 73,254,000,000 71,902,000,000 71,104,000,000 73,341,000,000 70,417,000,000  68,968,000,000 70,381,000,000 69,038,000,000  69,294,000,000 71,049,000,000 61,662,000,000  61,189,000,000 54,901,000,000 53,055,000,000 52,611,000,000 52,199,000,000 52,150,000,000 50,639,000,000 44,792,000,000 44,837,000,000 44,691,000,000 44,018,000,000 42,565,000,000 42,307,000,000 41,445,000,000              
      liabilities and stockholders' equity
    		       2,023,000,000               2,019,000,000    2,018,000,000                    
      accounts payable
    		4,636,000,000 4,920,000,000 4,694,000,000 4,193,000,000    3,835,000,000               2,703,000,000    2,363,000,000   2,399,000,000 2,231,000,000 2,225,000,000 2,135,000,000  2,065,000,000            
      accrued salaries and benefits
    		3,555,000,000 3,211,000,000 2,394,000,000 3,289,000,000    2,940,000,000               2,271,000,000    2,184,000,000   1,637,000,000 1,983,000,000 1,812,000,000 1,569,000,000  1,822,000,000            
      advance ticket sales
    		9,338,000,000 9,664,000,000 10,477,000,000 7,561,000,000    6,704,000,000               4,819,000,000    4,381,000,000   5,501,000,000 4,537,000,000 5,102,000,000 5,001,000,000  4,958,000,000            
      frequent flyer deferred revenue
    		3,642,000,000 3,552,000,000 3,473,000,000 3,403,000,000    3,095,000,000               2,440,000,000    2,286,000,000   2,221,000,000 1,992,000,000 2,069,000,000 2,120,000,000  2,098,000,000            
      current maturities of long-term debt, finance leases, and other financial liabilities
    		4,621,000,000 6,194,000,000 3,265,000,000 3,453,000,000                                           
      current maturities of operating leases
    		563,000,000 541,000,000 506,000,000 467,000,000    576,000,000               686,000,000                        
      other
    		763,000,000 910,000,000 990,000,000 948,000,000    806,000,000               566,000,000    619,000,000   646,000,000 703,000,000 685,000,000 618,000,000  546,000,000            
      total current liabilities
    		27,119,000,000 28,992,000,000 25,798,000,000 23,314,000,000    22,203,000,000               14,938,000,000    13,212,000,000   14,183,000,000 13,087,000,000 13,596,000,000 12,662,000,000              
      long-term debt, finance leases, and other financial liabilities
    		20,807,000,000 20,885,000,000 24,398,000,000 25,203,000,000                                           
      long-term obligations under operating leases
    		5,331,000,000 5,166,000,000 4,756,000,000 4,510,000,000    4,503,000,000               4,946,000,000                        
      pension and postretirement benefit liability
    		974,000,000 1,199,000,000 1,252,000,000 1,233,000,000                                           
      deferred income taxes
    		2,206,000,000 1,919,000,000 1,624,000,000 1,580,000,000      159,000,000  701,000,000 907,000,000 1,032,000,000  519,000,000 647,000,000 520,000,000     1,736,000,000    814,000,000   250,000,000  127,000,000 598,000,000  1,800,000,000            
      total noncurrent liabilities
    		34,886,000,000 34,798,000,000 37,697,000,000 38,094,000,000                                           
      commitments and contingencies
    		                                              
      stockholders' equity:
    		                                              
      preferred stock
    		                                              
      common stock at par, 0.01 par value; authorized 1,000,000,000 shares; outstanding 323,743,462 and 327,899,771 shares at september 30, 2025 and december 31, 2024, respectively
    		4,000,000                                              
      additional capital invested
    		8,878,000,000 8,855,000,000 8,813,000,000 8,980,000,000    8,992,000,000               6,129,000,000    6,120,000,000   6,077,000,000 6,591,000,000 6,577,000,000 6,562,000,000  7,956,000,000            
      stock held in treasury, at cost
    		-3,745,000,000 -3,737,000,000 -3,502,000,000 -3,377,000,000    -3,441,000,000               -3,599,000,000    -1,993,000,000   -1,314,000,000 -1,791,000,000 -1,236,000,000 -816,000,000  -3,113,000,000            
      retained earnings
    		9,049,000,000 8,110,000,000 7,137,000,000 6,880,000,000    3,831,000,000               9,716,000,000    6,668,000,000   4,684,000,000 4,991,000,000 4,354,000,000 3,536,000,000  3,770,000,000            
      accumulated other comprehensive income
    		123,000,000 142,000,000 164,000,000 188,000,000    -62,000,000                                       
      total stockholders' equity
    		14,309,000,000 13,373,000,000 12,616,000,000 12,675,000,000    9,324,000,000               11,531,000,000    9,995,000,000                    
      total liabilities and stockholders' equity
    		76,313,000,000 77,163,000,000 76,111,000,000 74,083,000,000    71,104,000,000               52,611,000,000    44,792,000,000                    
      common stock at par, 0.01 par value; authorized 1,000,000,000 shares; outstanding 323,801,715 and 327,899,771 shares at june 30, 2025 and december 31, 2024, respectively
    		 4,000,000                                             
      common stock at par, 0.01 par value; authorized 1,000,000,000 shares; outstanding 327,494,648 and 327,899,771 shares at march 31, 2025 and december 31, 2024, respectively
    		  4,000,000                                            
      common stock at par, 0.01 par value; authorized 1,000,000,000 shares; outstanding 327,899,771 and 328,018,739 shares at december 31, 2024 and 2023, respectively
    		   4,000,000                                           
      current assets:
    		                                              
      restricted cash
    		    36,000,000 30,000,000 40,000,000 31,000,000 38,000,000 173,000,000  61,000,000 43,000,000 41,000,000  254,000,000 254,000,000 254,000,000  76,000,000 73,000,000 106,000,000 106,000,000 100,000,000 105,000,000 103,000,000 105,000,000 105,000,000 94,000,000 95,000,000 96,000,000 115,000,000 129,000,000 167,167,000,000 162,000,000 208,208,000,000 283,283,000,000 301,301,000,000 316,316,000,000 351,351,000,000 389,389,000,000 435,435,000,000 471,471,000,000 586,586,000,000 159,159,000,000  
      receivables, less allowance for credit losses
    		    2,042,000,000 2,376,000,000 2,259,000,000 1,898,000,000 2,004,000,000 2,274,000,000  2,034,000,000 2,217,000,000 2,062,000,000  1,709,000,000 1,793,000,000 1,389,000,000  1,171,000,000 857,000,000 792,000,000                         
      aircraft fuel, spare parts and supplies, less obsolescence allowance
    		    1,639,000,000 1,680,000,000 1,675,000,000 1,561,000,000 1,290,000,000 1,196,000,000  1,116,000,000 1,153,000,000 1,068,000,000  955,000,000 912,000,000 918,000,000  961,000,000 955,000,000 1,070,000,000 1,072,000,000 1,065,000,000 996,000,000 972,000,000 985,000,000 1,011,000,000 942,000,000 924,000,000 937,000,000 882,000,000 900,000,000  759,000,000            
      operating property and equipment:
    		                                              
      flight equipment
    		    50,933,000,000 49,814,000,000 49,277,000,000 48,448,000,000 45,784,000,000 44,298,000,000  40,867,000,000 40,044,000,000 39,733,000,000  39,312,000,000 39,109,000,000 38,851,000,000  38,167,000,000 37,339,000,000 36,763,000,000 35,421,000,000 34,413,000,000 33,890,000,000 33,705,000,000 31,607,000,000 30,516,000,000 30,143,000,000 29,651,000,000 29,043,000,000 28,397,000,000 27,187,000,000  24,348,000,000            
      other property and equipment
    		    11,865,000,000 11,295,000,000 10,940,000,000 10,527,000,000 9,822,000,000 9,590,000,000  9,195,000,000 9,019,000,000 8,941,000,000  8,633,000,000 8,683,000,000 8,581,000,000  8,470,000,000 8,350,000,000 8,200,000,000 7,926,000,000 7,626,000,000 7,371,000,000 7,165,000,000 7,919,000,000 7,765,000,000 7,481,000,000 7,193,000,000 6,186,000,000 6,103,000,000 5,887,000,000  4,715,000,000            
      purchase deposits for flight equipment
    		    3,414,000,000 3,457,000,000 3,558,000,000 3,550,000,000 3,102,000,000 2,993,000,000  2,532,000,000 2,338,000,000 2,260,000,000  2,179,000,000 1,980,000,000 1,439,000,000  1,174,000,000 1,624,000,000 1,859,000,000 1,360,000,000 1,446,000,000 1,351,000,000 1,455,000,000 1,177,000,000 1,101,000,000 894,000,000 1,025,000,000 1,044,000,000 822,000,000 922,000,000  866,000,000            
      total operating property and equipment
    		    66,212,000,000 64,566,000,000 63,775,000,000 62,525,000,000 58,708,000,000 56,881,000,000  52,594,000,000 51,401,000,000 50,934,000,000  50,124,000,000 49,772,000,000 48,871,000,000  47,811,000,000 47,313,000,000 46,822,000,000 44,707,000,000 29,332,000,000 28,918,000,000 28,586,000,000 28,329,000,000 27,308,000,000 26,946,000,000 26,739,000,000 25,629,000,000 25,017,000,000 24,241,000,000              
      less — accumulated depreciation and amortization
    		    -24,532,000,000 -23,901,000,000 -23,305,000,000  -21,580,000,000 -21,044,000,000  -20,088,000,000 -19,548,000,000 -19,053,000,000  -17,996,000,000 -17,441,000,000 -16,956,000,000  -16,161,000,000 -15,578,000,000 -15,011,000,000  -14,153,000,000 -13,694,000,000 -13,739,000,000  -12,487,000,000 -11,974,000,000 -11,538,000,000 -11,358,000,000 -10,894,000,000               
      other assets:
    		                                              
      intangibles, less accumulated amortization
    		    2,691,000,000 2,699,000,000 2,717,000,000 2,725,000,000 2,744,000,000 2,753,000,000  2,772,000,000 2,782,000,000 2,792,000,000  2,815,000,000 2,827,000,000 2,840,000,000  2,852,000,000 2,852,000,000 2,945,000,000 3,009,000,000 3,114,000,000 3,129,000,000 3,144,000,000 3,159,000,000 3,382,000,000 3,399,000,000 3,521,000,000 3,558,000,000 3,592,000,000 3,612,000,000  4,112,000,000            
      investments in affiliates and other, less allowance for credit losses
    		    1,209,000,000 1,337,000,000 1,353,000,000 1,391,000,000 1,403,000,000 1,311,000,000  1,285,000,000 1,297,000,000 1,401,000,000  1,336,000,000 1,407,000,000 1,107,000,000                             
      total other assets
    		    8,607,000,000 8,783,000,000 8,841,000,000 8,888,000,000 8,912,000,000 8,975,000,000  9,493,000,000 9,717,000,000 9,966,000,000  9,412,000,000 9,624,000,000 9,212,000,000  8,519,000,000 8,387,000,000 8,486,000,000 9,489,000,000 9,397,000,000 9,414,000,000 9,380,000,000 9,269,000,000 8,858,000,000 8,864,000,000 8,992,000,000 9,059,000,000 9,042,000,000 9,480,000,000              
      table of contents
    		                                              
      less—accumulated depreciation and amortization
    		       -22,710,000,000               -14,537,000,000    -12,760,000,000      -10,403,000,000  -8,743,000,000            
      current liabilities:
    		                                              
      current maturities of long-term debt
    		       4,018,000,000               1,407,000,000    1,230,000,000   1,655,000,000 1,516,000,000 1,436,000,000 716,000,000  1,295,000,000            
      current maturities of other financial liabilities
    		       57,000,000                                       
      current maturities of finance leases
    		       172,000,000               46,000,000                        
      long-term debt
    		       25,057,000,000               13,145,000,000    12,215,000,000   12,166,000,000 11,334,000,000 10,668,000,000 11,178,000,000 1,054,711,141,000,000 9,472,000,000            
      long-term obligations under finance leases
    		       91,000,000               220,000,000                        
      other liabilities and deferred credits:
    		                                              
      pension liability
    		       968,000,000               1,446,000,000    1,576,000,000   1,828,000,000 1,631,000,000 1,739,000,000 1,851,000,000  1,469,000,000            
      postretirement benefit liability
    		       637,000,000               789,000,000    1,295,000,000   1,593,000,000 1,588,000,000 1,597,000,000 1,608,000,000  1,879,000,000            
      other financial liabilities
    		       2,265,000,000                                       
      total other liabilities and deferred credits
    		       9,926,000,000               7,831,000,000    8,236,000,000   8,314,000,000 8,206,000,000 8,245,000,000 8,320,000,000              
      common stock at par, 0.01 par value; authorized 1,000,000,000 shares; outstanding 328,018,739 and 326,930,321 shares at december 31, 2023 and 2022, respectively
    		       4,000,000                                       
      we addressed the matter in our audit
    		                                              
      description of the matter
    		                                              
      how we addressed the matter in our audit
    		                                              
      notes receivable, less allowance for credit losses
    		                   144,000,000 141,000,000 149,000,000                         
      receivables, less allowance for doubtful accounts
    		                      1,364,000,000 1,617,000,000 1,762,000,000 1,789,000,000 1,346,000,000 1,752,000,000 1,840,000,000 1,760,000,000 1,603,000,000 1,499,000,000 1,429,000,000  1,581,000,000            
      notes receivable
    		                      671,000,000 529,000,000 518,000,000 512,000,000 516,000,000                    
      common stock at par, 0.01 par value; authorized 1,000,000,000 shares; outstanding 251,216,381 and 269,914,769 shares at december 31, 2019 and 2018, respectively
    		                      3,000,000                        
      accumulated other comprehensive loss
    		                      -718,000,000    -803,000,000   -1,114,000,000 -824,000,000 -844,000,000 -836,000,000  -777,000,000            
      total operating property and equipment, at cost
    		                       43,485,000,000 42,612,000,000 42,325,000,000                     
      owned—
    		                                              
      total owned property and equipment
    		                          39,526,000,000 38,281,000,000 37,624,000,000 36,844,000,000 35,229,000,000 34,500,000,000 33,074,000,000              
      capital leases—
    		                                              
      total capital leases
    		                          1,040,000,000 1,244,000,000 1,235,000,000 1,216,000,000 1,624,000,000 1,467,000,000 1,589,000,000              
      less—accumulated amortization
    		                          -654,000,000      -941,000,000  -1,008,000,000            
      current maturities of capital leases
    		                          149,000,000   124,000,000 125,000,000 115,000,000 113,000,000  114,000,000            
      long-term obligations under capital leases
    		                          1,134,000,000   1,019,000,000 968,000,000 944,000,000 836,000,000  725,000,000            
      common stock at par, 0.01 par value; authorized 1,000,000,000 shares; outstanding 269,914,769 and 286,973,195 shares at december 31, 2018 and 2017, respectively
    		                          3,000,000                    
      less — accumulated amortization
    		                           -831,000,000 -833,000,000 -808,000,000 -910,000,000 -878,000,000               
      liabilities and stockholders’ equity
    		                                              
      lease fair value adjustment
    		                             171,000,000 219,000,000 237,000,000 256,000,000  336,000,000            
      stockholders’ equity:
    		                                              
      common stock at par, 0.01 par value; authorized 1,000,000,000 shares; outstanding 279,410,451 and 286,973,195 shares at march 31, 2018 and december 31, 2017, respectively
    		                             3,000,000                 
      total stockholders’ equity
    		                             8,336,000,000 8,970,000,000 8,854,000,000 8,449,000,000              
      total liabilities and stockholders’ equity
    		                             44,018,000,000 42,565,000,000 42,307,000,000 41,445,000,000              
      advanced purchase of miles
    		                              106,000,000 214,000,000 326,000,000  871,000,000            
      common stock at par, 0.01 par value; authorized 1,000,000,000 shares; outstanding 296,252,431 and 314,612,744 shares at september 30, 2017 and december 31, 2016, respectively
    		                              3,000,000                
      common stock at par, 0.01 par value; authorized 1,000,000,000 shares; outstanding 305,010,180 and 314,612,744 shares at june 30, 2017 and december 31, 2016, respectively
    		                               3,000,000               
      common stock at par, 0.01 par value; authorized 1,000,000,000 shares; outstanding 311,130,231 and 314,612,744 shares at march 31, 2017 and december 31, 2016, respectively
    		                                3,000,000              
      short-term investments:
    		                                              
      corporate debt
    		                                 872,000,000  908,000,000 868,000,000 883,000,000 853,000,000 790,000,000 667,000,000 540,000,000 340,000,000 518,000,000 135,135,000,000  
      asset-backed securities
    		                                 710,000,000  673,000,000 726,000,000 795,000,000 908,000,000 910,000,000 796,000,000 762,000,000 647,000,000 522,000,000 282,282,000,000  
      certificates of deposit placed through an account registry service
    		                                 261,000,000  301,000,000 279,000,000 252,000,000 305,000,000 308,000,000 315,000,000 399,000,000 404,000,000 421,000,000   
      u.s. government and agency notes
    		                                 106,000,000  49,000,000 45,000,000 53,000,000 41,000,000 40,000,000 44,000,000 10,000,000 15,000,000 20,000,000 2,727,000,000  
      auction rate securities
    		                                 9,000,000  16,000,000 16,000,000 17,000,000 26,000,000 26,000,000 96,000,000 108,000,000 115,000,000 112,000,000 120,000,000  
      other fixed-income securities
    		                                 43,000,000             
      other investments measured at nav
    		                                 201,000,000             
      enhanced equipment trust certificates
    		                                 24,000,000  26,000,000 27,000,000 27,000,000 28,000,000 59,000,000 59,000,000 61,000,000 62,000,000 63,000,000   
      fuel derivatives liability
    		                                 7,000,000             
      foreign currency derivatives liability
    		                                 1,000,000             
      fuel derivative instruments
    		                                  32,000,000            
      common stock at par, 0.01 par value; authorized 1,000,000,000 shares; outstanding 339,304,625 and 364,609,108 shares at march 31, 2016 and december 31, 2015, respectively
    		                                  4,000,000            
      other fixed income securities
    		                                   225,000,000 255,000,000 256,000,000 264,000,000 298,000,000 97,000,000 33,000,000 30,000,000 25,000,000 2,020,000,000  
      foreign currency derivatives asset
    		                                   2,000,000 6,000,000 16,000,000         
      cdars
    		                                   301,000,000 279,000,000 252,000,000 305,000,000 308,000,000 315,000,000 399,000,000 156,000,000 162,000,000 138,138,000,000  
      eetc
    		                                   26,000,000 27,000,000 27,000,000 28,000,000 59,000,000 59,000,000 61,000,000 62,000,000 63,000,000 63,000,000  
      convertible debt derivative asset
    		                                      498,000,000 449,000,000 584,000,000 413,000,000 202,000,000 289,000,000 262,000,000  
      convertible debt derivative option liability
    		                                              
      ual debt
    		                                   1,122,211,575,000,000 1,098,511,388,000,000 1,161,412,232,000,000         
      united debt
    		                                   1,122,211,575,000,000 1,098,511,388,000,000 1,161,412,232,000,000         
      fuel derivatives
    		                                       116,000,000 48,000,000 73,000,000 33,000,000    
      foreign currency derivative asset (liability)
    		                                      3,000,000        
      convertible debt option liability
    		                                      -297,000,000 -263,000,000 -352,000,000      
      balance at june 30
    		                                      2,659,449,000,000 2,659,449,000,000   1,126,312,165,000,000 1,126,312,165,000,000   
      purchases,
    		                                              
      gains and
    		                                              
      reported in earnings:
    		                                              
      realized
    		                                      1,015,000,000 9,000,000 1,000,000      
      unrealized
    		                                              
      reported in other comprehensive income
    		                                       1,000,000   21,000,000    
      balance at september 30
    		                                      2,628,498,000,000    1,156,212,160,000,000    
      balance at january 1
    		                                      10,561,480,000,000 10,561,480,000,000 10,561,480,000,000 1,166,311,360,000,000     
      balance at march 31
    		                                       9,659,584,000,000 9,659,584,000,000 1,086,111,262,000,000  1,126,212,063,000,000   
      foreign currency derivatives
    		                                        1,000,000      
      ual
    		                                              
      settlements
    		                                              
      gains
    		                                              
      reported in earnings—realized
    		                                         2,000,000     
      reported in earnings—unrealized
    		                                         1,000,000 1,000,000    
      current fuel derivative instruments asset
    		                                            695,000,000  
      united’s restricted cash is recorded at cost.
    		                                              
      derivatives designated as cash flow hedges
    		                                              
      fuel contracts due within one year
    		                                             81,000,000 
      derivatives not designated as cash flow hedges
    		                                              
    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.