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Hedging Activities (Tables) | 9 Months Ended
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Sep. 30, 2016
Description of Derivative Instruments | The Company’s derivatives were reported in its consolidated balance sheets as follows (in millions):
Classification |  | Balance Sheet Location |  | September 30, 2016 |  |  | December 31, 2015 |
Derivatives designated as cash flow hedges |  |  |  |  |  |  |  |  |  |
Liabilities: |  |  |  |  |  |  |  |  |  |
Fuel contracts due within one year |  | Fuel derivative instruments |  | $ | 4 |  |  | $ | 119 |
Derivatives not designated for hedge accounting |  |  |  |  |  |  |  |  |  |
Liabilities: |  |  |  |  |  |  |  |  |  |
Fuel contracts due within one year |  | Fuel derivative instruments |  | $ | — |  |  | $ | 5 |
Total derivatives |  |  |  |  |  |  |  |  |  |
Total liabilities |  |  |  | $ | 4 |  |  | $ | 124 |
Offsetting Liabilities | The following table shows the potential net fair value positions (including fuel derivatives and related collateral) had we elected to offset. The table reflects offset at the counterparty level (in millions):
|  |  |  |  |  | September 30, 2016 |  |  | December 31, 2015 |
Fuel derivative instruments, net of collateral |  |  |  | $ | (4) |  |  | $ | (98) |
Schedule of Losses on Derivative Instruments | The following tables present the impact of derivative instruments and their location within the Company’s unaudited statements of consolidated operations (in millions): Derivatives designated as cash flow hedges
|  | Amount of Loss Recognized in AOCI on Derivatives (Effective Portion) |  |  | Loss Reclassified from AOCI into Fuel Expense |  |  | Amount of Loss Recognized in Nonoperating income (expense): Miscellaneous, net (Ineffective Portion) |
|  | Three Months Ended September 30, |  |  | Three Months Ended September 30, |  |  | Three Months Ended September 30, |
|  | 2016 |  |  | 2015 |  |  | 2016 |  |  | 2015 |  |  | 2016 |  |  | 2015 |
Fuel contracts |  | $ | (6) |  |  | $ | (181) |  |  | $ | (24) |  |  | $ | (150) |  |  | $ | — |  |  | $ | — |
Derivatives designated as cash flow hedges
|  | Amount of Loss Recognized in AOCI on Derivatives (Effective Portion) |  |  | Loss Reclassified from AOCI into Fuel Expense |  |  | Amount of Loss Recognized in Nonoperating income (expense): Miscellaneous, net (Ineffective Portion) |
|  | Nine Months Ended September 30, |  |  | Nine Months Ended September 30, |  |  | Nine Months Ended September 30, |
|  | 2016 |  |  | 2015 |  |  | 2016 |  |  | 2015 |  |  | 2016 |  |  | 2015 |
Fuel contracts |  | $ | (5) |  |  | $ | (227) |  |  | $ | (197) |  |  | $ | (429) |  |  | $ | — |  |  | $ | — |
Schedule of Derivative Instruments not Designated as Hedges Losses | Derivatives not designated for hedge accounting Fuel contracts
|  | Three Months Ended September 30, |  |  | Nine Months Ended September 30, |
|  | 2016 |  |  | 2015 |  |  | 2016 |  |  | 2015 |
Amount of loss recognized in Nonoperating income (expense): Miscellaneous, net |  | $ | — |  |  | $ | (67) |  |  | $ | — |  |  | $ | (69) |

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- Definition Tabular disclosure of the location and amount of derivative instruments and nonderivative instruments designated as hedging instruments reported before netting adjustments, and the amount of gain (loss) on derivative instruments and nonderivative instruments designated and qualified as hedging instruments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5624171-113959 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5618551-113959 + Details
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