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Consolidated Statements of Operations - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Operating Revenue:      
Total operating revenue $ 61,643 $ 58,048 $ 50,582
Operating Expense:      
Salaries and related costs 16,161 14,607 11,902
Aircraft fuel and related taxes 10,566 11,069 11,482
Ancillary businesses and refinery 5,416 4,172 5,756
Contracted services 4,228 4,041 3,345
Landing fees and other rents 3,150 2,563 2,181
Aircraft maintenance materials and outside repairs 2,616 2,432 1,982
Depreciation and amortization 2,513 2,341 2,107
Passenger commissions and other selling expenses 2,485 2,334 1,891
Regional carrier expense 2,328 2,200 2,051
Passenger service 1,788 1,750 1,453
Profit sharing 1,389 1,383 563
Aircraft rent 548 532 508
Pilot agreement and related expenses 0 864 0
Other 2,460 2,239 1,700
Total operating expense 55,648 52,527 46,921
Operating Income 5,995 5,521 3,661
Non-Operating (Expense)/Income:      
Interest expense, net (747) (834) (1,029)
Gain/(loss) on investments, net (319) 1,263 (783)
Loss on extinguishment of debt (39) (63) (100)
Miscellaneous, net (232) (279) 165
Total non-operating (expense)/income, net (1,337) 87 (1,747)
Income Before Income Taxes 4,658 5,608 1,914
Income Tax Provision (1,201) (999) (596)
Net Income $ 3,457 $ 4,609 $ 1,318
Basic Earnings Per Share (USD per share) $ 5.39 $ 7.21 $ 2.07
Diluted Earnings Per Share (USD per share) $ 5.33 $ 7.17 $ 2.06
Passenger      
Operating Revenue:      
Total operating revenue $ 50,894 $ 48,909 $ 40,218
Cargo      
Operating Revenue:      
Total operating revenue 822 723 1,050
Other      
Operating Revenue:      
Total operating revenue $ 9,927 $ 8,416 $ 9,314