XML 52 R22.htm IDEA: XBRL DOCUMENT
v3.19.3

Recently Issued Accounting Standards (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2019
New Accounting Pronouncements and Changes in Accounting Principles [Abstract] |
Impact of the Adoption of the New Lease Standard | The table below presents the impact of the adoption of the New Lease Standard on UAL's balance sheet accounts and captions (in millions):
| December 31, 2018
| As Reported |  | New Lease Standard Adjustments |  | As Adjusted
Receivables, less allowance for doubtful accounts | $ | 1,346 |  |  | $ | 80 |  |  | $ | 1,426 |
Prepaid expenses and other | 913 |  |  | (180 | ) |  | 733 |
Flight equipment, owned and finance leases (a) | 32,636 |  |  | (37 | ) |  | 32,599 |
Other property and equipment, owned and finance leases (a) | 7,930 |  |  | (1,041 | ) |  | 6,889 |
Accumulated depreciation and amortization, owned and finance leases (a) | (13,414 | ) |  | 148 |  |  | (13,266 | )
Operating lease right-of-use assets | — |  |  | 5,262 |  |  | 5,262 |
Current maturities of finance leases (a) | 149 |  |  | (26 | ) |  | 123 |
Current maturities of operating leases | — |  |  | 719 |  |  | 719 |
Other current liabilities | 619 |  |  | (66 | ) |  | 553 |
Long-term obligations under finance leases (a) | 1,134 |  |  | (910 | ) |  | 224 |
Long-term obligations under operating leases | — |  |  | 5,276 |  |  | 5,276 |
Deferred income taxes | 814 |  |  | 14 |  |  | 828 |
Other long-term liabilities | 1,832 |  |  | (822 | ) |  | 1,010 |
Retained earnings | 6,668 |  |  | 47 |  |  | 6,715 |
(a) Finance leases, under the New Lease Standard, are the equivalent of capital leases under Topic 840. The table below presents the impact of the adoption of the New Lease Standard on select line items of UAL's statement of consolidated cash flows (in millions):
| Nine Months Ended September 30, 2018
| As Reported |  | New Lease Standard Adjustments |  | As Adjusted
Cash Flows from Operating Activities: |  |  |  |  |
Net cash provided by operating activities | $ | 5,080 |  |  | $ | (45 | ) |  | $ | 5,035 |
Cash Flows from Investing Activities: |  |  |  |  |
Capital expenditures | (2,592 | ) |  | 96 |  |  | (2,496 | )
Cash Flows from Financing Activities: |  |  |  |  |
Proceeds from issuance of long-term debt | 1,332 |  |  | (91 | ) |  | 1,241 |
Principal payments under finance leases | (98 | ) |  | 41 |  |  | (57 | )
The table below presents the impact of the adoption of the New Lease Standard on select accounts and captions of UAL's statement of consolidated operations (in millions, except per share amounts):
| Three Months Ended September 30, 2018 |  | Nine Months Ended September 30, 2018
| As Reported |  | New Lease Standard Adjustments |  | As Adjusted |  | As Reported |  | New Lease Standard Adjustments |  | As Adjusted
Regional capacity purchase | $ | 663 |  |  | $ | 13 |  |  | $ | 676 |  |  | $ | 1,963 |  |  | $ | 36 |  |  | $ | 1,999 |
Landing fees and other rent | 596 |  |  | 22 |  |  | 618 |  |  | 1,757 |  |  | 65 |  |  | 1,822 |
Depreciation and amortization | 564 |  |  | (19 | ) |  | 545 |  |  | 1,662 |  |  | (55 | ) |  | 1,607 |
Interest expense | (187 | ) |  | 15 |  |  | (172 | ) |  | (540 | ) |  | 43 |  |  | (497 | )
Interest capitalized | 18 |  |  | (2 | ) |  | 16 |  |  | 51 |  |  | (5 | ) |  | 46 |
Net income | 836 |  |  | (3 | ) |  | 833 |  |  | 1,667 |  |  | (6 | ) |  | 1,661 |
Earnings per share, basic | 3.07 |  |  | (0.01 | ) |  | 3.06 |  |  | 6.02 |  |  | (0.02 | ) |  | 6.00 |
Earnings per share, diluted | 3.06 |  |  | (0.01 | ) |  | 3.05 |  |  | 5.99 |  |  | (0.01 | ) |  | 5.98 |

X
- References No definition available. + Details
Name: | us-gaap_NewAccountingPronouncementsAndChangesInAccountingPrinciplesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of changes in accounting principles, including adoption of new accounting pronouncements, that describes the new methods, amount and effects on financial statement line items. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22499-107794 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=116846552&loc=d3e765-108305 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.10-01.(b)(6)) -URI http://asc.fasb.org/extlink&oid=27015980&loc=d3e46468-122699 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=116846552&loc=d3e725-108305 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22583-107794 + Details
Name: | us-gaap_ScheduleOfNewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration