XML 31 R17.htm IDEA: XBRL DOCUMENT
v3.5.0.2

Comprehensive Income (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2016
Equity [Abstract] |
Components of Comprehensive Income | The differences between Net income and Comprehensive income for the three and six months ended June 30, 2016 and 2015 were as follows:
| Three months ended June 30,
(in millions) | 2016 |  | 2015
NET INCOME | $ | 820 |  |  | $ | 608 |
Unrealized gain on fuel derivative instruments, net of deferred taxes of $155 and $44 | 265 |  |  | 74 |
Unrealized gain on interest rate derivative instruments, net of deferred taxes of $1 and $2 | 1 |  |  | 4 |
Total other comprehensive income | $ | 266 |  |  | $ | 78 |
COMPREHENSIVE INCOME | $ | 1,086 |  |  | $ | 686 |
| Six months ended June 30,
(in millions) | 2016 |  | 2015
NET INCOME | $ | 1,333 |  |  | $ | 1,061 |
Unrealized gain on fuel derivative instruments, net of deferred taxes of $249 and $43 | 424 |  |  | 71 |
Unrealized gain (loss) on interest rate derivative instruments, net of deferred taxes of ($1) and $2 | (1 | ) |  | 3 |
Total other comprehensive income | $ | 423 |  |  | $ | 74 |
COMPREHENSIVE INCOME | $ | 1,756 |  |  | $ | 1,135 |
Rollforward of the Amounts Included in AOCI, Net of Taxes | A rollforward of the amounts included in AOCI, net of taxes, is shown below for the three and six months ended June 30, 2016:
(in millions) | Fuel derivatives |  | Interest rate derivatives |  | Defined benefit plan items |  | Other |  | Deferred tax |  | Accumulated other comprehensive income (loss)
Balance at March 31, 2016 | $ | (1,413 | ) |  | $ | (34 | ) |  | $ | 22 |  |  | $ | 6 |  |  | $ | 525 |  |  | $ | (894 | )
Changes in fair value | 184 |  |  | (2 | ) |  | — |  |  | — |  |  | (68 | ) |  | 114 |
Reclassification to earnings | 236 |  |  | 4 |  |  | — |  |  | — |  |  | (88 | ) |  | 152 |
Balance at June 30, 2016 | $ | (993 | ) |  | $ | (32 | ) |  | $ | 22 |  |  | $ | 6 |  |  | $ | 369 |  |  | $ | (628 | )
(in millions) | Fuel derivatives |  | Interest rate derivatives |  | Defined benefit plan items |  | Other |  | Deferred tax |  | Accumulated other comprehensive income (loss)
Balance at December 31, 2015 | $ | (1,666 | ) |  | $ | (30 | ) |  | $ | 22 |  |  | $ | 6 |  |  | $ | 617 |  |  | $ | (1,051 | )
Changes in fair value | 127 |  |  | (10 | ) |  | — |  |  | — |  |  | (43 | ) |  | 74 |
Reclassification to earnings | 546 |  |  | 8 |  |  | — |  |  | — |  |  | (205 | ) |  | 349 |
Balance at June 30, 2016 | $ | (993 | ) |  | $ | (32 | ) |  | $ | 22 |  |  | $ | 6 |  |  | $ | 369 |  |  | $ | (628 | )
Reclassification out of Accumulated Other Comprehensive Income | The following tables illustrate the significant amounts reclassified out of each component of AOCI for the three and six months ended June 30, 2016:
Three months ended June 30, 2016
(in millions) |  | Amounts reclassified from AOCI |  | Affected line item in the unaudited Condensed Consolidated Statement of Comprehensive Income
AOCI components |  |
Unrealized loss on fuel derivative instruments |  | $ | 236 |  |  | Fuel and oil expense
|  | 87 |  |  | Less: Tax Expense
|  | $ | 149 |  |  | Net of tax
Unrealized loss on interest rate derivative instruments |  | $ | 4 |  |  | Interest expense
|  | 1 |  |  | Less: Tax Expense
|  | $ | 3 |  |  | Net of tax
Total reclassifications for the period |  | $ | 152 |  |  | Net of tax
Six months ended June 30, 2016
(in millions) |  | Amounts reclassified from AOCI |  | Affected line item in the unaudited Condensed Consolidated Statement of Comprehensive Income
AOCI components |  |
Unrealized loss on fuel derivative instruments |  | $ | 546 |  |  | Fuel and oil expense
|  | 202 |  |  | Less: Tax Expense
|  | $ | 344 |  |  | Net of tax
Unrealized loss on interest rate derivative instruments |  | $ | 8 |  |  | Interest expense
|  | 3 |  |  | Less: Tax Expense
|  | $ | 5 |  |  | Net of tax
Total reclassifications for the period |  | $ | 349 |  |  | Net of tax

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

X
- Definition Tabular disclosure of information about items reclassified out of accumulated other comprehensive income (loss). + References No definition available. + Details
Name: | us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -URI http://asc.fasb.org/extlink&oid=36458714&loc=SL7669686-108580 + Details
Name: | us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of components of comprehensive income (loss). Includes, but is not limited to, foreign currency translation adjustments, foreign currency transactions designated as economic hedges of a net investment in foreign entity, gain (loss) and prior service cost (credit) for pension plans and other postretirement benefit plans. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=36458714&loc=d3e526-108580 + Details
Name: | us-gaap_ScheduleOfComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration