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Statements of Consolidated Operations (Unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Operating revenue:        
Revenue $ 11,003 $ 9,899 [1] $ 30,812 $ 28,333 [2]
Operating expense:        
Salaries and related costs 2,930 2,785 [2] 8,534 8,263 [2]
Aircraft fuel 2,572 1,809 [2] 6,927 5,038 [2]
Regional capacity purchase 663 567 [2] 1,963 1,652 [2]
Landing fees and other rent 596 585 [2] 1,757 1,670 [2]
Depreciation and amortization 564 556 [2] 1,662 1,610 [2]
Aircraft maintenance materials and outside repairs 455 451 [2] 1,333 1,377 [2]
Distribution expenses 427 377 [2] 1,162 1,081 [2]
Aircraft rent 109 145 [2] 355 476 [2]
Special charges (Note 10) 17 50 [2] 186 145 [2]
Other operating expenses 1,467 1,436 [2] 4,293 4,126 [2]
Total operating expenses 9,800 8,761 [2] 28,172 25,438 [2]
Operating income 1,203 1,138 [2] 2,640 2,895 [2]
Nonoperating income (expense):        
Interest expense (187) (169) [2] (540) (498) [2]
Interest capitalized 18 20 [2] 51 64 [2]
Interest income 28 17 [2] 70 41 [2]
Miscellaneous, net (1) (13) [2] (119) (82) [2]
Total nonoperating expense, net (142) (145) [2] (538) (475) [2]
Income before income taxes 1,061 993 [2] 2,102 2,420 [2]
Income tax expense 225 348 [2] 435 855 [2]
Net income $ 836 $ 645 [2],[3] $ 1,667 $ 1,565 [2],[3]
Earnings per share, basic (in dollars per share) $ 3.07 $ 2.15 [2] $ 6.02 $ 5.10 [2]
Earnings per share, diluted (in dollars per share) $ 3.06 $ 2.15 [2] $ 5.99 $ 5.09 [2]
United Airlines, Inc.        
Operating revenue:        
Revenue $ 11,003 $ 9,899 [1] $ 30,812 $ 28,333 [2]
Operating expense:        
Salaries and related costs 2,930 2,785 [1] 8,534 8,263 [2]
Aircraft fuel 2,572 1,809 [1] 6,927 5,038 [2]
Regional capacity purchase 663 567 [1] 1,963 1,652 [2]
Landing fees and other rent 596 585 [1] 1,757 1,670 [2]
Depreciation and amortization 564 556 [1] 1,662 1,610 [2]
Aircraft maintenance materials and outside repairs 455 451 [1] 1,333 1,377 [2]
Distribution expenses 427 377 [1] 1,162 1,081 [2]
Aircraft rent 109 145 [1] 355 476 [2]
Special charges (Note 10) 17 50 [1] 186 145 [2]
Other operating expenses 1,467 1,435 [1] 4,292 4,124 [2]
Total operating expenses 9,800 8,760 [1] 28,171 25,436 [2]
Operating income 1,203 1,139 [1] 2,641 2,897 [2]
Nonoperating income (expense):        
Interest expense (187) (169) [1] (540) (498) [2]
Interest capitalized 18 20 [1] 51 64 [2]
Interest income 28 17 [1] 70 41 [2]
Miscellaneous, net 0 (13) [1] (119) (82) [2]
Total nonoperating expense, net (141) (145) [1] (538) (475) [2]
Income before income taxes 1,062 994 [1] 2,103 2,422 [2]
Income tax expense 225 348 [1] 435 856 [2]
Net income 837 646 [1],[4] 1,668 1,566 [1],[4]
Passenger revenue        
Operating revenue:        
Revenue 10,120 9,069 [1] 28,150 25,873 [2]
Passenger revenue | United Airlines, Inc.        
Operating revenue:        
Revenue 10,120 9,069 [1] 28,150 25,873 [2]
Cargo        
Operating revenue:        
Revenue 296 279 [1] 903 790 [2]
Cargo | United Airlines, Inc.        
Operating revenue:        
Revenue 296 279 [1] 903 790 [2]
Other operating revenue        
Operating revenue:        
Revenue 587 551 [1] 1,759 1,670 [2]
Other operating revenue | United Airlines, Inc.        
Operating revenue:        
Revenue $ 587 $ 551 [1] $ 1,759 $ 1,670 [2]
[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.