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Earnings Per Share (Tables) | 6 Months Ended
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Jun. 30, 2024
Earnings Per Share [Abstract] |
Schedule of Computation of Basic and Diluted Earnings (Loss) Per Share | The following table shows the computation of basic and diluted earnings per share, the latter of which uses the treasury stock method to calculate the dilutive effect of UAL's potential common stock (in millions, except per share amounts):
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2024 |  | 2023 |  | 2024 |  | 2023
Earnings available to common stockholders | $ | 1,323 |  |  | $ | 1,075 |  |  | $ | 1,199 |  |  | $ | 881 |
Basic weighted-average shares outstanding | 328.8 |  |  | 328.0 |  |  | 328.6 |  |  | 327.7 |
Dilutive effect of stock warrants (a) | 2.7 |  |  | 2.3 |  |  | 2.2 |  |  | 2.3 |
Dilutive effect of employee stock awards | 2.4 |  |  | 1.2 |  |  | 2.3 |  |  | 1.5 |
Diluted weighted-average shares outstanding | 333.9 |  |  | 331.5 |  |  | 333.1 |  |  | 331.5 |
Earnings per share, basic | $ | 4.02 |  |  | $ | 3.28 |  |  | $ | 3.65 |  |  | $ | 2.69 |
Earnings per share, diluted | $ | 3.96 |  |  | $ | 3.24 |  |  | $ | 3.60 |  |  | $ | 2.66 |
Potentially dilutive securities (b) |  |  |  |  |  |  |
Stock warrants (a) | 1.5 |  |  | 1.5 |  |  | 1.5 |  |  | 1.5 |
Employee stock awards | 0.6 |  |  | 0.7 |  |  | 0.6 |  |  | 0.7 |
(a) Represent warrants for purchase up to approximately 10 million shares of UAL common stock at exercise prices ranging from $31.50 to $53.92 and expiration dates ranging from April 20, 2025 to June 10, 2026. These warrants were originally issued to the U.S. Treasury Department ("Treasury") pursuant to the payroll support program, including extensions, and the loan program established under the Coronavirus Aid, Relief, and Economic Security Act. Treasury sold these warrants at an auction held on June 6, 2024. All warrants were outstanding as of June 30, 2024.
(b) Weighted-average potentially dilutive securities outstanding excluded from the computation of diluted earnings per share because the securities would have had an antidilutive effect.

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
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