XML 26 R15.htm IDEA: XBRL DOCUMENT
v3.10.0.1

New Accounting Pronouncements (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2018
New Accounting Pronouncements and Changes in Accounting Principles [Abstract] |
Schedule of New Accounting Pronouncements and Changes in Accounting Principles | The following table provides the impact of applying the New Revenue Standard to the Company’s previously reported balances as of December 31, 2017:
| Balance as of December 31, 2017
(in millions) | As Reported |  | New Revenue Standard |  | As Recast
Accrued liabilities | $ | 1,777 |  |  | $ | (77 | ) |  | $ | 1,700 |
Air traffic liability | 3,460 |  |  | 35 |  |  | 3,495 |
Air traffic liability - noncurrent | — |  |  | 1,070 |  |  | 1,070 |
Deferred income taxes | 2,358 |  |  | (239 | ) |  | 2,119 |
Retained earnings | 14,621 |  |  | (789 | ) |  | 13,832 |
The impacts of applying the New Revenue Standard, the New Retirement Standard, and the New Hedging Standard to the Company’s unaudited Condensed Consolidated Statement of Comprehensive Income for the three and six months ended June 30, 2017, are as follows:
| Three months ended June 30, 2017
(in millions), except per share amounts | As Reported |  | New Revenue Standard |  | New Retirement Standard |  | New Hedging Standard |  | As Recast
Passenger revenue | $ | 5,233 |  |  | $ | 146 |  |  | $ | — |  |  | $ | — |  |  | $ | 5,379 |
Other revenue | 467 |  |  | (159 | ) |  | — |  |  | — |  |  | 308 |
Salaries, wages, and benefits | 1,867 |  |  | — |  |  | (4 | ) |  | — |  |  | 1,863 |
Fuel and oil expense | 990 |  |  | — |  |  | — |  |  | 34 |  |  | 1,024 |
Other operating expenses | 735 |  |  | (8 | ) |  | — |  |  | — |  |  | 727 |
Other (gains) losses, net | 74 |  |  | — |  |  | 4 |  |  | (34 | ) |  | 44 |
Provision for income taxes | 424 |  |  | (2 | ) |  | — |  |  | — |  |  | 422 |
Net income | 746 |  |  | (3 | ) |  | — |  |  | — |  |  | 743 |
Net income per share, basic | 1.24 |  |  | (0.01 | ) |  | — |  |  | — |  |  | 1.23 |
Net income per share, diluted | 1.23 |  |  | — |  |  | — |  |  | — |  |  | 1.23 |
| Six months ended June 30, 2017
(in millions), except per share amounts | As Reported |  | New Revenue Standard |  | New Retirement Standard |  | New Hedging Standard |  | As Recast
Passenger revenue | $ | 9,658 |  |  | $ | 267 |  |  | $ | — |  |  | $ | — |  |  | $ | 9,925 |
Other revenue | 883 |  |  | (309 | ) |  | — |  |  | — |  |  | 574 |
Salaries, wages, and benefits | 3,600 |  |  | — |  |  | (6 | ) |  | — |  |  | 3,594 |
Fuel and oil expense | 1,912 |  |  | — |  |  | — |  |  | 67 |  |  | 1,979 |
Other operating expenses | 1,431 |  |  | (17 | ) |  | — |  |  | — |  |  | 1,414 |
Other (gains) losses, net | 167 |  |  | — |  |  | 6 |  |  | (67 | ) |  | 106 |
Provision for income taxes | 626 |  |  | (10 | ) |  | — |  |  | — |  |  | 616 |
Net income | 1,097 |  |  | (15 | ) |  | — |  |  | — |  |  | 1,082 |
Net income per share, basic | 1.80 |  |  | (0.02 | ) |  | — |  |  | — |  |  | 1.78 |
Net income per share, diluted | 1.80 |  |  | (0.03 | ) |  | — |  |  | — |  |  | 1.77 |
The impact of applying the New Revenue Standard to the Company’s unaudited Condensed Consolidated Statement of Cash Flows for the three and six months ended June 30, 2017, are as follows:
| Three months ended June 30, 2017
(in millions) | As Reported |  | New Revenue Standard |  | As Recast
Net income | $ | 746 |  |  | $ | (3 | ) |  | $ | 743 |
Deferred income taxes | 69 |  |  | (1 | ) |  | 68 |
Changes in certain assets and liabilities | (444 | ) |  | 4 |  |  | (440 | )
Net cash provided by operating activities | 746 |  |  | — |  |  | 746 |
| Six months ended June 30, 2017
(in millions) | As Reported |  | New Revenue Standard |  | As Recast
Net income | $ | 1,097 |  |  | $ | (15 | ) |  | $ | 1,082 |
Deferred income taxes | 131 |  |  | (10 | ) |  | 121 |
Changes in certain assets and liabilities | 429 |  |  | 25 |  |  | 454 |
Net cash provided by operating activities | 2,370 |  |  | — |  |  | 2,370 |

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://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=64853466&loc=d3e22580-107794 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=68064558&loc=d3e765-108305 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=64853466&loc=d3e22499-107794 Reference 4: http://www.xbrl.org/2003/role/presentationRef -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 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=64853466&loc=d3e22583-107794 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=68064558&loc=d3e725-108305 + Details
Name: | us-gaap_ScheduleOfNewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration