XML 26 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
Statements of Consolidated Operations (Unaudited) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Operating revenue:        
Passenger revenue $ 9,880 $ 9,151 [1] $ 18,030 $ 16,804 [1]
Cargo 314 273 [1] 607 511 [1]
Other operating revenue 583 584 [1] 1,172 1,119 [1]
Total operating revenue 10,777 10,008 [1] 19,809 18,434 [1]
Operating expense:        
Salaries and related costs 2,878 2,842 [1] 5,604 5,478 [1]
Aircraft fuel 2,390 1,669 [1] 4,355 3,229 [1]
Regional capacity purchase 681 549 [1] 1,300 1,085 [1]
Landing fees and other rent 603 541 [1] 1,161 1,085 [1]
Depreciation and amortization 557 536 [1] 1,098 1,054 [1]
Aircraft maintenance materials and outside repairs 438 472 [1] 878 926 [1]
Distribution expenses 393 385 [1] 735 704 [1]
Aircraft rent 119 152 [1] 246 331 [1]
Special charges (Note 10) 129 44 [1] 169 95 [1]
Other operating expenses 1,428 1,381 [1] 2,826 2,690 [1]
Total operating expenses 9,616 8,571 [1] 18,372 16,677 [1]
Operating income 1,161 1,437 [1] 1,437 1,757 [1]
Nonoperating income (expense):        
Interest expense (177) (167) [1] (353) (329) [1]
Interest capitalized 14 21 [1] 33 44 [1]
Interest income 25 13 [1] 42 24 [1]
Miscellaneous, net (166) (27) [1] (118) (69) [1]
Total nonoperating expense, net (304) (160) [1] (396) (330) [1]
Income before income taxes 857 1,277 [1] 1,041 1,427 [1]
Income tax expense 173 456 [1] 210 507 [1]
Net income $ 684 $ 821 [1],[2] $ 831 $ 920 [1],[2]
Earnings per share, basic (in dollars per share) $ 2.49 $ 2.67 [1] $ 2.97 $ 2.96 [1]
Earnings per share, diluted (in dollars per share) $ 2.48 $ 2.67 [1] $ 2.96 $ 2.96 [1]
United Airlines, Inc.        
Operating revenue:        
Passenger revenue $ 9,880 $ 9,151 [3] $ 18,030 $ 16,804 [1]
Cargo 314 273 [3] 607 511 [1]
Other operating revenue 583 584 [3] 1,172 1,119 [1]
Total operating revenue 10,777 10,008 [3] 19,809 18,434 [1]
Operating expense:        
Salaries and related costs 2,878 2,842 [3] 5,604 5,478 [1]
Aircraft fuel 2,390 1,669 [3] 4,355 3,229 [1]
Regional capacity purchase 681 549 [3] 1,300 1,085 [1]
Landing fees and other rent 603 541 [3] 1,161 1,085 [1]
Depreciation and amortization 557 536 [3] 1,098 1,054 [1]
Aircraft maintenance materials and outside repairs 438 472 [3] 878 926 [1]
Distribution expenses 393 385 [3] 735 704 [1]
Aircraft rent 119 152 [3] 246 331 [1]
Special charges (Note 10) 129 44 [3] 169 95 [1]
Other operating expenses 1,428 1,380 [3] 2,825 2,689 [1]
Total operating expenses 9,616 8,570 [3] 18,371 16,676 [1]
Operating income 1,161 1,438 [3] 1,438 1,758 [1]
Nonoperating income (expense):        
Interest expense (177) (167) [3] (353) (329) [1]
Interest capitalized 14 21 [3] 33 44 [1]
Interest income 25 13 [3] 42 24 [1]
Miscellaneous, net (167) (28) [3] (119) (69) [1]
Total nonoperating expense, net (305) (161) [3] (397) (330) [1]
Income before income taxes 856 1,277 [3] 1,041 1,428 [1]
Income tax expense 172 457 [3] 210 508 [1]
Net income $ 684 $ 820 [3],[4] $ 831 $ 920 [3],[4]
[1] Amounts adjusted due to the adoption of Accounting Standards Update No. 2014-09, Revenue from Contracts with Customers (Topic 606) and Accounting Standards Update No. 2017-07, Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost. See Note 1 to the financial statements contained in Part I, Item 1 of this report for additional information.
[2] Amounts adjusted due to the adoption of Accounting Standards Update No. 2014-09, Revenue from Contracts with Customers (Topic 606) and Accounting Standards Update No. 2017-07, Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost. See Note 1 to the financial statements contained in Part I, Item 1 of this report for additional information.
[3] Amounts adjusted due to the adoption of Accounting Standards Update No. 2014-09, Revenue from Contracts with Customers (Topic 606) and Accounting Standards Update No. 2017-07, Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost. See Note 1 to the financial statements contained in Part I, Item 1 of this report for additional information.
[4] Amounts adjusted due to the adoption of Accounting Standards Update No. 2014-09, Revenue from Contracts with Customers (Topic 606) and Accounting Standards Update No. 2017-07, Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost. See Note 1 to the financial statements contained in Part I, Item 1 of this report for additional information.